Day Tradexchange Inc. (SYNJ)

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I/O REDUCED ½ BILL LAST 2 Q’S; AND THE BUY BACK PROGRAM IS STILL GOING; THE AUTHORIZED HAS ALWAYS BEEN THE SAME. 5.4 BILLION OUTSTANDING CURRENTLY AND ACCORDING TO THE FILINGS ONLY ABOUT 1 BILLION OUTSTANDING ARE FREE TRADING. 4 BILLION OF THE TOTAL OUT ARE RESTRICTED SHARES OWNED BY THE CEO, AND HE CAN’T SELL THOSE ACCEPT UNDER THE DRIBBLE RULE RETRICTION OF 1% OVER ANY 90 DAY PERIOD. THAT’S NOTHING. EVEN WITH THE RESTRICTED THE TOTAL CAP FOR THE COMPANY IS ONLY ABOUT $1/2 MILL AND THEIR SHOWING $1,000,000 IN EQUITY WITH THE PURCHASE OF THE ARCHER SOFTWARE. THEY ALSO STATE THAT WITH A SHOW OF REVENUE THE AUDITORS AGREED TO INCREASE THE VALUATION TO SOMEWARE CLOSE TO $5 MILL. THIS COMPANY LOOKS LIKE A PERFECT UNDERVALUED SPEC DEAL. IF YOU KNOW WHAT YOUR DOING IN SUB PENNY SPEC INVESTMENT; BIGGER PLAYERS HAVE BEEN QUIETLY BUYING THIS FOR MONTHS.