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Saturday, September 23, 2006 12:41:19 AM
was executed for acquisition of co. that has +$3M in existing revenue, not "possible" or "forward", but existing revenue. CEO of AUGC goes to personally investigate co.; and then has qualified firm to double check financials to be sure. AUGC opens up office in Hong Kong, where all 3 pending acquisitions are taking place.
At current share count, this one acquisition creates pps value of .00066 pps. AUGC has 2 other acquisitions it is negotiating to finalize near term, with similar revenue.
AUGC has done everything this co. has stated it would do in every PR over the last few months. Complete disclosure, no bs.
The 9/24 date to release 8K was incorrect in the PR, so PR was taken back. Rough draft release premature is a gift seldom received; giving a glimpse to whats to happen nearterm. I will bet it is released again monday concurrently with the 8K, or shortly thereafter with additional info.
Two wimpy trades at .0001 for $50 and $900 dollars. Unbelievable. All other traders bailing @ .0002 need that quick fix or they bail at either a 0 gain or small loss, to chase the next momo created by those who already made real $. So many sheep.
Regardless, accum still at all time high, stoch turning up, RSI still strong and CMF as well. These technicals indicators are some of the most important in recognizing trends.
What other pinks or OTCBB companies are there that are so transparent, truthful, have minimal share count, and have real revenue potential priced at .0002?
Still holding now 60+M shares and will add big time monday if sheep continue to bail.
Best Regards
Not a buy or sell recommendation
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