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Way to go SS, that's two in a row, you're on a roll!!!
I'll be damned if I can figure out what the hecks going on...lol
One thing for sure, this stock is always entertaining.
ETNL must be getting ready to dump the last chunk of stock, which will yet again max out the OS.
We were considering a quick play, but the likelihood of them opening the coffers on shareholders backs again is just to risky at this point.
To add... What we usually see happens is a low volume run up, then the volume hits when they start selling. Chart wasn't bad, but to often we've seen this setup used to try and spark a rally, only to have the dilution spigot opened up again.
What will really be interesting, is what they'll do once they've maxed out the OS...lol Most of us have a pretty good idea, but we won't bother repeating what's common knowledge again...lol
Playing the Stock, not the Story???? Hmmm...where have I heard that before...lol
I was really hoping it would have fallen to .09 range, but it settled at .12 on this last drop. Not looking for to much, but I think .16 to .18 is doable without to much problem.
I don't much keep up with the story any more, but the struggle is still ongoing I'm sure...lol
Figured I'd revisit our old WAMUQ well, grabbed some .14's for a quick ride.
Oh you know it was, nothing worthwhile or honest stays up on there very long...lol
Fact is I liked the PR, seemed fairly straight forward. But man, where the heck are all these cheap shares coming from if it's not Shaun or Roger?
Hmmm.... well how's the Push going so far? LoL
Good to see the CBYI Dumpex is still underway....lol Had to figure that wonderful PR this morning would have such a grand effect...lol
ETNL Commedy Hour is still underway and as entertaining as always...lol
ANX just finished that Reverse Split, so while it does look possible, I think I'll stay away for a while and let the dust settle.
Don't see anything in ACAD that I'd like, what are you seeing?
Cut loose CLRH at .1550, just not gonna hold.
CNEX on the slide, look for a possible Rinse & Repeat
Not me big guy, I sold at .06...lol
This may explain SPSNQ SS...lol
Spansion Emerges from Chapter 11 Reorganization
8:01 PM ET 5/10/10 | PR Newswire
Leading flash memory solutions provider, Spansion Inc., today announced that it has emerged from Chapter 11 reorganization. During the reorganization, Spansion focused its business on serving embedded and targeted wireless applications, resulting in four consecutive quarters of operating profit and $225 million in generated cash.
"We are pleased to have emerged from Chapter 11 a stronger, more focused company. As a result, we are better able to serve our customers," said John Kispert, president and CEO of Spansion, who also pointed to a healthy balance sheet as the foundation for long-term success.
Spansion entered Chapter 11 reorganization with over $1.5 billion in debt. Today, Spansion emerged a well capitalized company with less than $480 million in debt and approximately $230 million in cash, which is supplemented with an undrawn credit line of up to $65 million. Stockholder's equity was enhanced by a rights offering of approximately $105 million which is reflected in its cash position.
On March 1, 2009, Spansion filed for Chapter 11 bankruptcy protection. The company submitted its first plan of reorganization on October 26, 2009 and gained approval from the U.S. Bankruptcy Court on its amended disclosure statement on December 22, 2009. Spansion received confirmation from the U.S. Bankruptcy Court for its plan of reorganization on April 16, 2010 and emerged from Chapter 11 protection on May 10, 2010. As a result of Spansion's emergence, Spansion's old common stock has been canceled and no longer trades. Some pre-bankruptcy claims and other administrative matters will remain pending until they are resolved. However, effective as of today, Spansion is no longer under the jurisdiction of the U.S. Bankruptcy Court for the District of Delaware.
"Through the determination of the entire Spansion team, the company has remained focused on serving our customers as we restructured," said Kispert. "Now that the reorganization process is behind us, we look forward to applying even greater energy to ensure our customers' success in their chosen markets."
About Spansion
Spansion's technology is at the heart of electronics systems, powering everything from the internet of today to the smart grid of tomorrow, positively impacting people's daily lives at work and play. Spansion's broad Flash memory product portfolio, smart innovation and industry leading service and support are enabling customers to achieve greater efficiency and success in their target markets. For more information, visit http://www.spansion.com.
Spansion(R), the Spansion logo, MirrorBit(R), MirrorBit(R) Eclipse(TM), ORNAND(TM), EcoRAM(TM) and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.
Cautionary Statement
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those statements. The risks and uncertainties include the following: demand for the company's Flash memory products may be lower than currently expected; average selling prices of the company's products may decline; loss of key intellectual property arrangements may create a greatly increased risk of patent or other intellectual property infringement claims; instability of the global economy and tight credit markets could continue to adversely impact the company's business in several respects, including adversely impacting credit quality and insolvency risk of the company and its customers and business partners, including suppliers and distributors, and resulting in reductions and deferrals of demand for the company's products; the company may lose a key customer or experience a reduction of demand from a key customer; the company may not successfully develop, introduce and commercialize new products and technologies or accelerate its product development cycle; competitors may introduce new memory or other technologies that may make the company's Flash memory products uncompetitive or obsolete; the company may fail to successfully develop next generation products; customers' ability to change booked orders may lead to excess inventory; the company's investments in research and development may not lead to timely improvements in technology; the company may experience manufacturing constraints internally or through its arrangements with third parties; the company may fail to achieve manufacturing efficiencies; fresh start accounting will likely have a meaningful impact on the company's financial statements; the company may experience manufacturing disruptions of suppliers interrupt supply or increase prices for raw materials; intellectual property claims or litigation could cause the company to incur substantial costs or pay substantial damages or prohibit sales of the company's products. The company urges investors to review in detail the risks and uncertainties discussed in the company's Securities and Exchange Commission filings, including but not limited to the company's most recent Annual Report on Form 10-K for and Quarterly Reports on Form 10-Q. Unless otherwise required by applicable laws, the company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Spansion Inc.
Cal-Bay International -- Round Table With the CEO
9:03 AM ET 5/11/10 | Marketwire
Shaun Bailey, the CEO of Cal-Bay International, Inc. (PINKSHEETS: CBYI), has put together some answers to some of the most frequent questions that shareholders and potential investors have been asking lately.
Is Roger Pawson involved with Cal-Bay anymore?
"No. The former president of Cal-Bay, Roger Pawson, no longer has any position within the company. Since selling his position in Cal-Bay, he has not been given or sold any shares of stock. He has only retained a small percentage of preferred stock that cannot be converted to common stock without board approval. Roger has no relationship, either personal or professional, with current management."
Does the company have any revenues?
"Yes. In two press releases announced earlier this year, we explained that we had acquired revenue generating properties. Rental revenue for the condo we own in Provo, UT is $950 per month and for the real property owned in Las Vegas we receive $300 per month. We expect to receive $15,000 in revenue from these properties annually."
Did the company acquire additional property in the auction on May 10?
"No. The bidding was very aggressive and the final pricing of the properties offered was higher than our desired ROI would allow. We based our due diligence on the fact that we were required to hold these properties for two years, and, unfortunately, the final pricing did not make sense for our model."
Is the company currently selling free-trading stock for capital?
"No. We have received some capital in the form of bridge loans from our efforts at the investors' conference in Frisco, TX, but we have not received any money for selling stock in public or in private. We have been looking to do a private placement with restricted stock, however, and are currently working with a firm that will assist us in this effort."
Does Cal-Bay have any tangible plans for the future?
"Absolutely. In addition to the restaurant that we are looking to purchase in Arlington, TX, we have several other small businesses and real estate properties that we have looked at acquiring over the past few months. We will do our best to keep everyone apprised of the latest developments with each one of these deals. We're especially excited about the restaurant which should generate nearly $1 million this year in revenue. Based on what we have seen so far, we think we may be able to increase this amount to $1.5 million in 2011."
Cal-Bay expects to release financial statements that include revenue and stock positions for the company later this week for the fiscal first quarter of 2010.
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.
SOURCE: Cal-Bay
Well I see where there is supposed to be news, but can't manage to pull it up...lol
Looks like another down day, if we actually get news that is...lol
Not really sure what fox on stox's purpose is, but it's certainly not what it appears to be, never is.
I'm not selling any, but there's been a crap load that's been unloaded in the past two weeks.
The real question I have is, who the heck would be buying these shares???
I mean with the amount of selling we've seen, I'd think we'd be below .0010 by now, if someone wasn't buying a lot of it and keeping the PPS propped up somewhat.
Oh well, never a dull moment in CBYI Land...lol
Go figure and that one knucklehead just keeps cracking me up. He doesn't like Green Eggs & Ham I guess.
It's funny that we've not seen the notorious scumbags working the board, like they do on their other promo's though, I don't quite understand that part of the promotion.
No, you played it just fine, nobody ever lost money by selling for a profit!!!
Only reason I held this long is that I wasn't on this morning...lol
All out CNEX .0030 +172% WHOO WHOO
Was gonna just take some off, but looking at the chart it looks to be very close to the top of it's channel, so I figured I may as well just pull it all and take the $$$.
Yea, was looking at ERHE this weekend, but it hasn't turned yet, so it's still in the Watch Column.
I've been out all morning, congrats on the play SS, well done. I have to take some off here soon, so I just put an order at .0030 and will let 1/2 ride.
Yes, well I've found that it simply does no good to try and discuss the point, because the Zealots and Tin Foil hat crowd will always dismiss your concerns and continue touting this or that coming event. It's never about what even did not occur, or did occur and had zero or even a negative affect, it's always about the next big event that's sure to make everyone a pile of money...lol
And it does no good to try and bring up valid concerns on their boards, because they simply delete your post's and then work to have you banned or your posting limited, which is what makes it funny...lol
But they have more luck controlling the information flow on their specific boards, which is what makes them so much more dangerous for the inexperienced. Problem is, they are usually the first places the inexperienced will go to see what any given OTC/OTCBB stocks is all about, or what actions may be occurring.
It's also pretty hilarious when you see them comparing it to this stock or that one, then telling you how much different this one is...OMG
No, debating the issue serves no purpose, because they simply don't care about being objective, that's not what their purpose is. They are only there to tout the stock and try to muster up support from the naive.
Posted by: barfrausa Member Level Date: Friday, May 07, 2010 1:39:04 PM
In reply to: Lurker from Mars who wrote msg# 183807 Post # of 183811 Send a link via email Share on Facebook Tweet this post
just curious! thought you sold your shares? is that true..
Yea, it's funny to see someone mention SPNG on this board, when its pretty clear that those of us hear were always suspect of the ridiculous management team and their collusion with RME. Everyone knew there was something very crooked going on, I'd get thrown in the silly jail often enough for arguing with idiots like Soupy about it all the time.
But it was truly a remarkable marketing campaign, one never seen in OTC/OTCBB markets that's for sure...lol
But now they are balking in paying for some of that advertising, which is what's landing them in hot water, along with having to explain the fancy footwork of RME and management...lol
Saw this comment about ETNL, just kind of makes you shake your head...lol
Looks like WNMX filed for a Name Change, but no accompanying Reverse Split. I wonder if this has anything to do with the Dividend they'd PR'd last month???
Here's the filing http://www.sunbiz.org/pdf/74860896.pdf
WNMX .0007, volume started spiking about an hour ago. Not sure what's up, but perhaps they are ready to announce the dividend details.
No chatter on the boards yet, so whoever is buying is still buying...lol
CNEX making a nice push .0014/.0015 so far
In CLRH .21
The last few days were no fluke, the promotions you pointed out were done purely to allow the sale of stock, which is exactly what we saw.
The question is, was it dilution by Shaun, or someone else who owned considerable shares.
Since the TA remains gagged, we simply don't know if the OS has been increased, which would explain where the shares came from.
Either way, its not good for the common shareholder and those who've waited patiently trying to give Shaun the benefit of the doubt.
You ever get the idea some just piss and moan because that's what they enjoy doing? LoL
Personally I've found it better to just ignore some individuals, especially when they are the type to emotionally flip flop more than a John Kerry during a presidential debate.
And if you look back over history, you'll see that they must be bankrupt, with all the poor decisions they make...lol
All that aside, I have to say this is yet another disappointment in a long string of disappointments. I think this is the second time Cal Bay has been part of a Pump and Dump, when we never even saw the Pump, nor did we see any momentary benefit from it. Unless you call the baby step to .0050 as some big huge run...lol
Oh well, back into the cupboard it goes, will pull it out at Christmas and see what's going on...lol
Pretty much knew this was coming as soon as we saw the Tout Rags starting to run their Pump & Dump alearts.
To bad it never got much of a Pump...lol
Again, you can usually take what you see stated and assume the opposite was true.
Looking historically, its pretty obvious that Losses are about the only thing realized and I'm not just referring to UDHC, just in general...lol
Trust me, it isn't true...lol
Players are never looked up to, unless its by other players I guess.
But most that have been here long enough, have had enough time to see how obvious the game had become.
And most just got a chuckle out of the constantly shifting sands...lol
CBYI will undoubtedly be a real life changer...lol
Really?
Who knows when it will start to run, but its starting to reverse the trend so it may not be to much longer.
But you probably could have bid sat and gotten filled, there's no real reason to expect its going right away.
Either way, good luck!