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bid is still .0004 so IMO .0006 will not go down until we get bid support at the .0005 level
I went back to the IL bankruptcy court site and searched the case number again.. not much there but says no future hearings if that means anything.
10-81323 FasTech Services, Inc., a Nevada corporation
Case type: bk Chapter: 7 Asset: Yes Vol: v Judge: Thomas L. Perkins
Date filed: 04/22/2010 Date of last filing: 07/22/2011
Hearings
There are no future Hearings events for this case.
hehe needed that... not much to get excited about here today
4 mm on the bid @.0085 if you call that a bottom
gap filled
I agree.. just answering another guys question about how this nasty little game works :)
Some will tell you accumulation and other will tell you gap and trap.. we shall see
http://www.davemanuel.com/investor-dictionary/gap-and-trap/
.0114 x .012
Nice! I got the divy even though I sold on the July 1. No reason not to hold them long if the filings come out like promised. GLTA
IMO nothing is ever clear when trading microcaps. I only bought a small ticket to the show anyway.
Its hard to tell with this one. I agree the chart is breaking down some but has held the 50ma. The trading on lev2 makes me think either someone is an expert flipper in the .007's or someone is trying to load/cover down there. Late paint on the price last few days as well. Either way the bollies are tight so we should expect a move one way or another soon. GLTA
Wow! somebody wants some cheap.
Nice timing on that. We must of put orders in at the same time since when I moved up to .0006 your shares came across immediately. I dropped back down to .0005 I'm not chasing.
IMO not tomorrow but hopefully soon. I haven't been blindly bashing when I say we need a filing first. Here is an example of another company that did a stock dividend. Obviously it isn't exactly the same but you will see that there are key dates that are always released in this type of filing. These numbers are what are important to us as microcap investors.
Item 8.01 Other Events
Final Approval for Distribution of Stock Dividend.
On June 6, 2011, the Company passed a new Resolution to distribute a common stock dividend to our shareholders on a 10 for 1 basis. This new Resolution cancels and supersedes the previous one for the stock dividend that was approved by the Board of Directors on March 18, 2011. This change was made for legal and administrative reasons, and was conditioned upon final acceptance by FINRA. Therefore, the final documentation for the dividend was required to be modified and re-submitted to Corporate Stock Transfer, (the transfer agent), and to the Financial Industry Regulatory Authority (FINRA) for final notification. The Company received the final notification and confirmation from FINRA on June 8, 2011 announcing the final approval to distribute the common stock dividend to our shareholders. The final notification is posted on FINRA’s, OTC Bulletin Board website at www.otcbb.com , under the tab “Daily List”, and the “Headlines By Date”, 2011 Daily List Index for dividends for June 8, 2011.
The Company will issue one share of common stock for every ten shares of common stock held by the shareholders of record in accordance with the following information and time frames;
a.
Declaration Date: June 6, 2011 - Date the Board of Directors formally authorized the dividend.
b.
Ex-Dividend Date: June 29, 2011 – The ex-dividend date is set by FINRA. You must have purchased your stock at least one day before the ex-dividend date, (on or before June 28, 2011, the in-dividend date), to be a shareholder of record, and be entitled to the dividend. This allows for three stock trading days prior to the date of record for the settlement of the stock purchase.
c.
Record Date: July 1, 2011 - The dividend shall be distributed only to registered “shareholders of record” on or before this date.
d.
Payment Date: July 8, 2011 – Final date of payment or distribution of the dividend to the shareholders of record.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7990302
I hope that helps make sense of one of our missing pieces.
cdat lol.. don't make track grease out of those 11Bravo. :)
Look at the time the market was closed. Geez you guys are acting like I tried all day to knock down the price. Get over it... and I will say what I want when I want within the TOS of this message board.
This is America people.. remember the 1st amendment on your great 4th of July weekend.
I'm off to drink a beverage with a red white and blue flag on it!
Its cool.. Seems like many traders here are in that euphoria we get when we are winning. Don't let that blind you guys, trade when it is right for you. GLTA here
classy... I don't care about the dividend and I took money off the table when I could. You have no idea how I have traded this or how much I made today.
I'm probably the only one but I sold today. GLTA here.
nope.. at best a filing and that is a longshot.
adding a few here
lol pick my post apart if you choose friend.. I read your post history on goig and I have to say we agree on much.
post 13272
This hearing will clean things up but I fear a reverse split.
Interesting.. thank you Happy
Purpose of the 341 Meeting
The purpose of the meeting is to ensure that you fairly and honestly represented business assets, income and debts in the case. The trustee, who administers the case, can ask you questions, under oath, about your business's finances and property.
Creditors may also ask you questions. It's strictly a fact-finding meeting. You can be asked to produce books, records and other documents related to your business's finances. You won't be asked to justify filing bankruptcy.
http://bankruptcy.lawyers.com/commercial-bankruptcy/Debtor-Examination-341-Meeting-for-Businesses.html
Calling IR and or the CEO in pink sheet stocks is a formula for losing money. I'll stick to the facts that they actually will put their freedom on the line for.
Today would be a great day to file both the 8-k and the audited financials ahead of the long weekend. The chart doesn't look horrible right now either. Lets get it done.
There still hasn't been a SEC filing (8k) on the spinoff/divy. Only pr's and audio messages so no we don't have any of the important dates set in stone.
http://www.otcmarkets.com/stock/GOIG/financials
Thats a fair analysis imo. I'm sitting back waiting for those filings to make this real.
A little bit above the boli.. but oversold is really stretching it.
Nice buying... Come on bid support
I would like to see the 8k that supports the spinoff/dividend.. IMO its not possible to wake up tomorrow with shares in gocom.
If all these filings and the audited financials all drop at once we will have a nice pop. I'll believe it when I see it though.
Did anyone else do DD on the attorney that signed that last letter?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7990302
Management needs to put out proper sec filings rather than pump facebook.
GOIG needs to put out the proper sec filings. All the details to the spinoff stock divy will be in stone there. Until then its all talk.
IMO we won't see that until the new ceo takes over... if at all.
The misconception as I see it is that trades happen on both the bid and the ask and people think they are different. Every buyer has a seller and every seller has a buyer. It comes down to is it retail or is the market makers doing the transaction and add/subtracting from inventory/shortposition.
8-k out
Item 8.01 Other Events
Final Approval for Distribution of Stock Dividend.
On June 6, 2011, the Company passed a new Resolution to distribute a common stock dividend to our shareholders on a 10 for 1 basis. This new Resolution cancels and supersedes the previous one for the stock dividend that was approved by the Board of Directors on March 18, 2011. This change was made for legal and administrative reasons, and was conditioned upon final acceptance by FINRA. Therefore, the final documentation for the dividend was required to be modified and re-submitted to Corporate Stock Transfer, (the transfer agent), and to the Financial Industry Regulatory Authority (FINRA) for final notification. The Company received the final notification and confirmation from FINRA on June 8, 2011 announcing the final approval to distribute the common stock dividend to our shareholders. The final notification is posted on FINRA’s, OTC Bulletin Board website at www.otcbb.com , under the tab “Daily List”, and the “Headlines By Date”, 2011 Daily List Index for dividends for June 8, 2011.
The Company will issue one share of common stock for every ten shares of common stock held by the shareholders of record in accordance with the following information and time frames;
a.
Declaration Date: June 6, 2011 - Date the Board of Directors formally authorized the dividend.
b.
Ex-Dividend Date: June 29, 2011 – The ex-dividend date is set by FINRA. You must have purchased your stock at least one day before the ex-dividend date, (on or before June 28, 2011, the in-dividend date), to be a shareholder of record, and be entitled to the dividend. This allows for three stock trading days prior to the date of record for the settlement of the stock purchase.
c.
Record Date: July 1, 2011 - The dividend shall be distributed only to registered “shareholders of record” on or before this date.
d.
Payment Date: July 8, 2011 – Final date of payment or distribution of the dividend to the shareholders of record.
I guess its market maker supply? Not sure
It looks like there will be plenty of shares to go around if SARO wakes up. MM are showing 473 million shares available on the ask @ .0001
I'm liking the new rules requiring the mm's show order sizes on level 2 properly.
A new rule came into affect today requiring sizes on the best bid and ask. Its nice to see the playing field leveled a little bit.
T trades are trades that didn't get posted during the day. There are no afterhour trades on the pinks.