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agreed!
wasn't set up right for that. Sellers have been hammering the .001 floor for days now. .0009's will be printed today, and perhaps even lower. Lower again next week.
that's what I'm seeing. Not bid sitting lower either.
I could be wrong!
Hope it runs for those in this!
Trade Wisely ....
.0002 sellers looking about done.
you will get no argument from me on that.
Hate to say it, but that last candle in the ASYI chart looks like the infamous "inverted jackhammer candle". *The appearance of that candlestick usually just precedes the busting through of a support floor, like the support at .001 where we now see this stock!
I hope everyone trades wisely ....
*According to me ....
Assuming your theory is true, would one not also have had to apply it with equal enthusiasm to the prior A/S increase from 300 Million shares to 750 Million shares. That A/S increase occurred on 4/05/12. Obviously, as we now know, your theory didn't seem to be a factor with that increase, as the company was dumping shares with regularity. Apparently dilution occurred right up to the 750 Million share ceiling. We then saw another A/S increase to the current 5 Billion.
Again, the NOL rules didn't seem to concern ASYI management then, but your saying it does now? If so, why now and not then? Forgive my ignorance if I'm missing something ....
Hope it runs for those still in this, but I only see more of the same selling as highly likely!
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&CorpName=AISYSTEMS%2c+INC.
GRBG Bid building back up.
Thanks GEM. Are your chart buddies BOS and crew gonna pounce on this again?
Looks like it's setting up for a nice run again.
GLTA
yeah, GRBG at .0002 was a gift I've been waiting for.
Good Luck ....
some people just freaked out and dumped (retailers) because they found out the TeamEnergy deal fell through. That's all that the selling is.
This selling is very temporary imo. A nice buying opportunity has been created.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76114272
GRBG runs easily! run coming .... again!
get ur tickets, lol.
GRBG .0002 been buying here, only 500M A/S
CRPZ .0015 hit
CRPZ .0014 finally moving again!
everything dumped at .0001 goes on .0002 ask, lol.
Is a R/S coming shortly here is the question?
good luck!
good luck to you!
and Thanks for all info from everyone ...
Shares are not restricted forever. Normally 6 months or 1 year from the date of issue. And again, shares do not have to have been traded to be in the float. The float is simply shares that are available to be traded. Shares in the float could of been issued, but yet never been traded. They could be in the accounts of insiders, PR people, past management, "alleged" consultants and others that have provided "services" (cough, cough) for the company, and of course, retail traders.
Someone put the 800+ million restricted share number in the ibox ... wonder where they got it from.
GLTA
The restricted of 810,083,260 is right from the ibox. I see your a mod as well so I'm not sure why you're not aware of it.
I've included a screenshot of the ibox for clarification purposes.
Again, float is simply a mathematical equation, which is O/S less restricted equal float. I can only assume that restricted number was from the Transfer agent or the company. Also, shares in the float don't necessarily have to have been traded, they just have to be available to be traded (freely trading shares).
The company can put about any info they want on otcmarkets.com. It's is not often accurate.
SOCU float = 1,081,112,893 at minimum. It could be higher.
O/S less restricted = float (by definition)
Not sure why someone is trying to pawn off a float of 81 Million shares (taken from otcmarkets.com site) as that just isn't correct.
big difference between 81 million and the true 1.081 billion share float
No, and it's very, very unlikely that you would see any either.
ASYI .0002's coming within 10 days if that is indeed true.
Is that just conjecture, or do you have some knowledge of some entity having that many shares they are going to get rid of?
If true, then ASYI could possibly even see some .0001's, as the diminished buying pressure cannot not handle that kind of selling pressure. Anyone could just look at ASK_E as an example of what I'm talking about regarding share price drop with dilution, despite momo players jumping in at various times to no avail.
Best of luck to all and ....
Trade Wisely!
Sell 1650000 ICOA Executed @ $0.000001
You read it right, that's 5 zeros to the right of the decimal followed by a 1
Got one penny on the dollar, lol, on a market sell order through Etrade (was bought at .0001)
Cleaning out the trash in the account. Glad this account didn't have hardly any of this POS. (Actually not my account, but a friends I help out with)
Best of luck to all, just sick of looking at this dead POS in the account.
Mango out!
I took it as that was the most positive thing he could even think of. I didn't take that as a good sign myself. Perhaps the fact ASYI currently is NOT a BB listed company is a deal killer (even though it's fully reporting). Hard to tell, but we do know being current on the filing is important to Wells, per his comment.
We can also tell from his comments that there has NOT been a completed merger, contrary to what some have claimed or implied (The source comes to mind).
Time will tell how this turns out. Some are betting on a PR, but this is a company that has no history of putting out PR's. They never once PR'd the prior BDS intended merger.
Still all kinds of possibilities here. Maybe they lower the A/S back down later, but I doubt it.
It's fun to watch. And easier to watch now, when I don't hold a position.
GLTA
I'm out of posts here for the day ...
An actual real response from Andrew Wells, instead of all the FAKE ones ASYI board readers have been seeing.
I have little doubt this will end up exactly like BDS did.
Trade Wisely! ......
Nice post!
If one feels that a RM actually coming to fruition for ASYI is necessary to make money here, then shouldn't one ask themselves why Kool chose a shell with a bunch of debt to merge into? Why wouldn't they have just found a debt free shell? And I sincerely hope no one actually buys into "it's because of the tax write-offs", lol.
What is a far more plausible?
1. Of all the clean debt free shells out there for well under one Million dollars, Kool Telecom's Andrew Wells passed up on them all and chose the heavily debt laden ASYI shell.
2. ASYI has a ton of debt they want to get rid of, and decided to drum up buying interest in their stock using cooperative private businesses as a vehicle. First we had the BDS reverse merger fakeout. Upon finding that went so well, they decided to do it all over again with another company (Kool), and so far it is going spectacularly!
Consider this:
If a company actually has some cash, shells are out there for well under $500k, even on the BB!
http://www.topix.com/forum/vc/TIHJ9FH86TD0603TQ
http://www.mergernetwork.com/index/public-shell-companies-for-sale
I can provide plenty more links of past and current shells for sale, but I'm sure you get the idea.
If you believe in scenario number one. Then you found your stock!
Best of luck to all ....
Trade Wisely
It's likely the O/S is around 750 Million, or possibly has already eclipsed that amount. They obviously waited as long as they could to increase the A/S in order to avoid hoisting that red flag! There is no confirmation of any restricted shares. A/S are not tangible! They can't be restricted.
Most are aware that otcmarkets.com is never a reliable source of share count info. As proof, your own posting earlier today showed they still list the A/S as 300 Million, when it's irrefutable that it now stands at 5 Billion shares.
http://www.otcmarkets.com/stock/ASYI/company-info
Regarding the 5 Billion A/S, some are even claiming, in a obvious act of desperation, that the A/S haven't been increased. Despite it being right on the Nevada SOS site for all to see! Nevada is the State of Incorporation for ASYI! Not sure why they are refuting that. To me, those claims are amazing, lol.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&nt7=0
Certainly it's true that the O/S count is the most important, at least, next to the float. But the 553 Million O/S count is simply the last publicly known amount, and was accurate as of May 21, 2012. It was obtained from the latest filing. Their filings also clearly state ASYI was, is, and will continue to dilute to pay debt.
Since the share price was, and is, likely to continue to be in a general down trend, we can expect the dilution to be accelerating. That is assuming they want to reap a consistent amount of revenue from it.
Since the divestiture didn't clear up the debt, many likely now are looking at this tentative merger as being a vehicle to increase buying interest for dilution purposes (just like the BDS merger fakeout was). ASYI is clearing implying they will have an ever increasing O/S count into the foreseeable future. It is stated right in their filings that they NEED to dilute!
Buy all you want if your take is that the price is going up big time! That's what the market is all about!!!
Good luck and ...
Trade Wisely!
Watch it on Tuesday and over the next several weeks. It takes time for most to digest and accept what the impact of the 5 Billion A/S will be. And everyone isn't glued to their monitor, watching it tic by tic, especially on the Friday afternoon of a holiday weekend in the USA.
Many remember, just a short time ago, that ASYI increased the A/S well into the BirthDay Slam R/M fakeout, from 300 Million to 750 Million. At that time the market "bought" the increase hook, line, and sinker, as being a necessary part of the BDS reverse merger. And we now know how that ultimately turned out! The market has a memory! That's why charts have resistance and support points.
How does that saying go? Fool me once, shame on you; fool me twice, shame on me.
If they would of raised the A/S to say 1 billion, or even 2 Billion, maybe there would be a better chance for a more positive take and reaction. But 5 Billion?!
Could still be a price movement in any direction. After all, this is the pinks, and manipulators could always be at work.
Trade Wisely ....
This post in this link is so true for the pennies!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76014542
Link to Nevada SOS 5 Billion Share update by ASYI
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&CorpName=AISYSTEMS%2c+INC.
Quote of post I responded to:
Had to do a market sell order shortly after discovering the A/S increase to 5 Billion shares for ASYI. One of the few times I'll ever use a market sell order. Reluctantly, took a 4 down tic loss, and departed with my tail between my legs.
Not gonna hangout like some and talk trash. By not exiting earlier I left a 100% gain on the table, so I can only blame myself. I sure know better then that by now, lol.
Was likely going to sell out EOD anyway yesterday, as I had the fear they might do an increase over the weekend. That's based on how it was trading, and the companies history. The last A/S increase, prior to this one, was discovered on Nevada SOS after market close on a Friday.
Hope it works out in the favor of those in this, or who may decide to stay in it.
As a trader, I choose to believe the company will continue to act just as they have been of late, which doesn't appear to be in the share holders favor, IMO.
But this stock ran up big after the last increase in the A/S, so who knows, lol. Wouldn't normally post about selling, but decided to make an exception on this one.
Best of luck to everyone and maybe see you around iHub someday!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75990774
ASYI 5 Billion A/S POS!
ASYI A/S just raised to 5 Billion
POS!
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&CorpName=AISYSTEMS%2c+INC.
ASYI A/S just raised to 5 Billion
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&CorpName=AISYSTEMS%2c+INC.
ASYI's nay-saying MOD insinuates SHORT SQUEEZE!
ASYI .0013 x .0014
This should be a news headline - A mod that has done nothing but trash ASYI for months is now claiming far more shares must have been sold then exist!!!! could Merger play ASYI be setting up as the MOASS???
Below is her post in the Quote, which she just posted on the ASYI board.
She has a good analogy based on the trading volume of late, except her conclusion stating ASYI must dilute is wrong!
It's not ASYI's problem if MM's sold more shares then exist in the 750 Million Authorized Share Count
**A/S remains at 750 Million per the link to Nevada SOS at the bottom of this post
Someone do a test market sell and post what the price is.
Just curious
I don't think most were surprised at that. I know I wasn't.
The point is, at least with ASYI right now, we have a ceiling with the 750 Million A/S, and can monitor the Nevada SOS for any changes.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&nt7=0
I'm not allowed any more posts here today.
Everyone have themselves a great Memorial day weekend!
ASYI still has 750 Million A/S, no change in that.
O/S was 553,700,367 a/o May 21, 2012
379,179,361 shares trading volume since then, up to, but not including, today
2012/05/24 114,260,157
2012/05/23 69,272,645
2012/05/22 92,711,209
2012/05/21 102,935,350
Have the MM's been naked shorting, betting there will be a share increase?
Or have the last several days just been a massive churn, with some additional dilution?
Is the O/S now maxed against the A/S count?
Run from here?
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&nt7=0
http://ih.advfn.com/p.php?pid=historical&symbol=ASYI
http://www.otcmarkets.com/stock/ASYI/company-info
ASYI A/S unchanged. loaded and waiting for the run which could happen anytime.
GLTA
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&nt7=0
Edit:
Yup, soon as I post "they" stack the ASK and hit the bid. Never fails.
Trading in silence from now on other then a couple of peeps out of me now and then.
Best wishes for all
.0015's a buy for ASYI, JusDePomme. All these stocks are POS's I agree.
should be a nice upside here from this level.
Hate to see a good person like you loose any money
I understand your frustrations with this stock and I share them.
good luck in all your future trading!
My last post of the day on this board
ASYI I'm a buyer at .0015
I'm a buyer down here with ASYI. In reflection, it's likely that poster from the other day actually did have 21 Million shares they wanted to unload ASAP. It appears that the bulk of it they unloaded at .002 yesterday, which broke this stock (temporarily) down into the teens creating a great buying opportunity.
PR very likely today.
No increase in the A/S as it is still 750 Million with dilution likely over at this time IMO
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&nt7=0
Still money to be made here on this POS
GLTA