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I hope you learned your lesson and stick to the topic of RSPG on this board. Believe it or not....when you strip away all that hate and revenge...some of your "inside" information is quite useful.
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Price is going up....new short selling rules are going to be enforced.
They have to cover within 3 days.
Run -up coming due to a huge naked short position.
The naked shorts are screwed !!!
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Price is looking better.......
Buying interest seen in past sessions....
Naked short sellers are cash poor and must cover.
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ASK is still .10
Everyone is holding.........
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I received word that Thirstytwo has been suspended from this board for 60 days due to vulgar posts.
Nice...not having to read that trash.
Where are all the longs?
Holding and waiting I would assume.
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Don't look now...but someone just "cleaned out" everything available from .04 to .07 at the ask. The offers disappeared quickly with just 114,000 shares picked up!
Maybe it has something to do with recent MXFD liquidations.
Maxwell may be rolling over the MXFD profits into another run-up of RSPG!
Stay tuned....
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Utah Carl,
You may be out of the loop "partner"...there is PLENTY going on surrounding the company and its prospects to re-tool and continue operations.
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10,000 at the ask of .09
That's not MM's painting the tape...
Someone put $900.00 down to pick up some shares.
Wonder why?
Because this thing is not over.
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Hey Phil,
Where did you find the Cohiba girls...at a low rent casino cocktail bar?
I thought I recognized the one on the right from the old Frontier.
http://www.vegastrademarkattorney.com/2008/07/las-vegas-businessman-ordered-to-stop.html
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Good luck trying to convince anyone here that anything you type is the truth.........convicted felon.
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Amazing .......that he admitted it was him the whole time bashing the company and its founders.
I guess he didn't care about libel....he had bigger problems chasing him around. Almost a million reasons.
A lie...is a lie....is a lie.
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The only haz mat found was in your cat scan....
You are ridiculous with your lies and panic headlines.
Get you next lie ready when we break .12
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There is a new money player on the RSPG team and in the negotiations.
Tell them who it is Thirsty Two and everyone may figure out why there is buying........
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If you were watching Level II you could see how quickly the price shoots up when the MM's uncap the ask.
Each day after the bell, the ask goes back to .10
Every morning for months, 1 seller or a MM would bring the ask to .08 or .06
As soon as they remove it, as they did yesterday...pop !
Nobody else is going to let their shares go that cheap.
A little demand, and we are in business.
Perfect set up for Maxwell.
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I have every share that I have bought on the way down....
Haven't lost a penny yet.
bid/ask is .02 x .10
It closes on the bid with a 700 share sell and you gloat...had it closed on the ask...it's up 500% for the day.
LOL
Hearing talk that manipulation UP...is coming.
The villan Maxwell...may soon be the hero.
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While you are bashing the founders wife.....like a coward behind a computer monitor.......23,500 share went off at .10
Maxwell is on the way
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What a problem for Maxwell......
After all of their lies, illegal stock price manipulation, back stabbing of RSPG founders, boiler room tactics, etc....they may still own millions of RSPG shares.
This is not over by a long shot.
I'm hearing yet a new direction for the company and Maxwell is going to take advantage of it.
Amazing!!
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Ready for another couple 100,000 block buys at the ask?
Ask someone from Maxwell...they have several million shares remaining (long) and will not sell below 1.00
Some of that MXFD cash is coming in for the last run.
Call Mike...he knows.
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Good question...making you nervous?
You bashers don't know as much as you think.
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They did not file bankruptcy...they are being sued by a guy who filed bankruptcy.
You never stop twisting the truth.
Quite a pathetic life you lead.
I may start buying again Monday....
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The plantiff in this case has already filed banruptcy himself.
You are trying to mislead people....again
http://bankrupt.com/misc/canb07-31238.pdf
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Save the insults and look at the trading.
30 million shares holding and a few thousand a day (a few hundred dollars) traded between market makers to break your spirit.
Price is .06
This is,,,and always has been a spec stock.
Treat it like one.
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And....you continue to mislead, Fatman
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Fatman,
You have played both sides of this trade for months ...sometimes the same day...in an attempt to mislead.
It's over for you...give it a rest.
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Very complex deals going on....everyone here will be surprises.
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Looks like the bid/ask is getting squeezed down.
Buying and selling going on at the ask .04
Alex may want to release a small PR.
We don't need it all...just a taste.
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Just back from vacation......and I see that I did not miss anything. Just more lies and misinformation in broken English.
There is no deadline...the clowns are just playing with you.
December is the only deadline...and that may be extended as well.
No panic selling...those holding will continue to hold.
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Every trade went off at the ask...........lol
Sorry, I can't.
That would be material non-public information.
Insider trading is the trading of a corporation's stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information about the company. In most countries, trading by corporate insiders such as officers, key employees, directors, and large shareholders may be legal, if this trading is done in a way that does not take advantage of non-public information. However, the term is frequently used to refer to a practice in which an insider or a related party trades based on material non-public information obtained during the performance of the insider's duties at the corporation, or otherwise in breach of a fiduciary duty or other relationship of trust and confidence or where the non-public information was misappropriated from the company.
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Fatman....you used to post worthwhile information that at times was accurate.
What happened?
Know it is thinly veiled downward hype.
Your credibility is slipping.
You must have been covering during the heavy volume.
What's the problem?
Didn't get it all covered and want more?
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Market makers are in total control on the pinks
They do a third of a million shares intra-day and then paint the close @ .10 on 100 shares. Are you trying to tell me that there are no offers below .10?
They just skip right over them and print .10
LOL...It's criminal, we are at their mercy.
They can pick and choose bids and offers.
Huge volume is the only cure.
Then, they have no choice but to let market factors control the trading.
Positive trading day overall.
Maybe someone is leaking good information.
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It's always a possibility that there were shorts that wanted to cover in this range but there were no shares for sale.
Perhaps they did not want to run it up to cover
It seems that someone is finally selling a position and either shorts or buyers are jumping all over them.
I see this as a positive either way.
Demand for cheap shares exists.
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All true and the heavy lifting is done.
The facility is ready to go and professionals in the water business could get it up and running quickly.
Without the previous errors.
Throw a professional sales team in there and you are in business.
I know that there is interest.
Seems the volume has spiked....
And there is a heavy buyer of all shares at .05
I, however, still can't get a fill.
Someone wants these shares !!
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I think that many of the longs here feel the same as you.
It seems that Alex IS the company right now.
What we are seeing is the result of many bad decisions placing trust and responsibility in unethical partners.
Let's review:
Alex was purportedly "searching for land" with Harel in the Hereford area....seems strange to me...but I'll take it at face value.
Alex partners with Harel who already had a history of manipulating press releases and contract. (Later to cause his demise)
Harel's uncle has a relationship with The Maxwell Group and brings them in. Known or unknown to Alex, Maxwell has a two year history of manipilating start up shell pink sheet and BB stocks through mailings and a group of pump and dump pros. (If Alex didn't know their history, he should have)
Alex and Harel divide millions of shares up giving a huge stake to Maxwell and their flunky's. The rest is given to family and friends.
The plan is to build a start-up water bottling company based on self taught water industry founders using 'advisors" and sales reps. Harel was going to handle the marketing- contracts and press releases and Maxwell was going to provide the expertise in the markets.
Mistake and mistake- and you must hold Alex accountable for making those two very poor choices.
Now, Maxwell has a new shell in their pocket and is handling all of the IR responsibilities while planning to conduct yet another pump and dump. Huge conflict of interest!!!
I would have to assume that Harel is cranking out releases and bizarre purchase orders at the direction of, or with the help of Maxwell, who, honestly thinks they can get it to the BB with a $5.00 stock price on heavy volume and ultimately cash out when the Wall Street boys buy in.
The first problem hit when the "self learners" started making mistakes which delayed the production facility start-up. The other end of the plan, Wall Street exposure, i.e. the TV ads went off much too early. Things were out of sync.
Maxwell got it to $3 and hit the wall. There wasn't enough volume to cash out so they actually put some of their own "network" cash to work supporting the price all the way back down to $2.00 while others were selling. It seems that they didn't have control of enough shares. This was not working out as the other pump and dumps they had participated in had.
At this point, I think they threw in the towel and let it sink. I'm not sure if they simple sold it all and took the loss on the new shares which may have evened out with the free shares...or actively flipped and shorted the stock. I do know that many posters that follow their stocks were bashing the hell out off it and are still spewing nonsense. You make the decision if they are still short or still hold hundreds of thousands of long shares with a plan to run it back up after thay are finished breaking the bank with MXFD. Nobody I know has a clue.
So, here we are...Harel was forced out with Fed problems. Maxwell was fired and may or may not still hold a lot of shares or may or may not be naked short.
That leaves us with Alex...who has several million shares in the family at .05-.10, a lease in default (I'll admit that Thirstytwo), equipment that may or may not be accessible and very wealthy friends and investors who can make a tremendous amount of money if a new business plan can be established using trustworthy professionals. The shell corporation is intact and Alex is exploring options without a deadline until December. At .05-.10, the negatives have been factored in. I for one think there are many options and combinations that could be successful. And remember, if Maxwell is holding all of their shares...they will eventually make a move to run it up and dump them.
We can't dwell on where we were with the stock price. It's now floating between .05-.10 on tiny volume. Market Makers are not allowing anyone out unless you sell at the bid.
A positive is that there is someone buying it all @ .05-makes you wonder who it is?...
Alex is the man right now...he is all we have. He made very poor choices trusting his company's reputation to people who had no ethics. Hopefully that is over and the new investors and potential partners will do things correctly....after all, it's not rocket science to bottle water and sell a lot of it.
I'm long...and hopeful that things will be handled by reputable pros going forward.
The preceding post is my opinion of the history of RSPG as arrived at through reading all of the SEC filings, reading every RSPG post on both IHUB and Yahoo, and one conversation with Mike who I was referred to by Maxwell, when acting as their IR firm.
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That is far from the truth Fatman.
Your statement is false.
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Still long Thirstytwo?
You didn't answer the question.......
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Read it yourself smart guy:
http://www.loopnet.com/xNet/MainSite/Listing/Profile/ProfileSE.aspx?LID=15469610&linkcode=10850&sourcecode=1lww2t006a00001
Are you still long?
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Tell us more....give us all the details.
Where does RSPG stand right now?
Who owns the property...right now?
Who is negotiating to buy it?
What is the first name of the principal landlord negotiating?
When will production resume?
Who is in the new management team?
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8.5 million was the listing price but it is all spelled out in the SEC filing:
The Company has determined that the Lease meets the criteria set forth in
paragraph 7 (b) of Statement of Financial Accounting Standards ("SFAS") No. 13,
Accounting for leases, requiring it to be classified as a capital lease. To meet
this requirement the lease must meet one of four specific criteria, one of which
is the existence of a bargain purchase option, defined as a provision in the
lease allowing the lessee, at our option, to purchase the leased property for a
price which is sufficiently lower than the expected fair value of the property
at the date the option becomes exercisable, and that exercise of the option
appears, at the inception of the lease, to be reasonably assured.
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