Followers | 37 |
Posts | 2134 |
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Alias Born | 12/20/2010 |
Tuesday, December 28, 2010 11:52:59 AM
Bid Side Support
UBSS & NITE @ .025
AUTO @ .024
Sell Side Resistance
HDSN @ .026
NITE @ .027
AUTO @ .03
As buyers come in to see whats up here, they see support and a nice gentle PPS increase and they will want to investigate further.
Then they see the QUALITY management that's on board. Pat LaVecchia and Chris Giordano bring around $1,000,000,000 in fundings, sales and acquisitions to the table in their careers.
Now add in that Mr. Rosenbaum has now joined the Board of Directors this adds a whole new layer to the management team. He was involved as upper management in SOBE Beverages (sold to PepsiCo for $400,000,000 within 8 years), Skybox Trading Cards (sold to Fleer for $300,000,000 within 6 years) and the resurrection of and later sale of Western Union.
Can you say WOW?
Now contemplate for a moment the acquisition and spinoff of Xi'an Johnson Pharmaceuticals.
We know there is no dilution in order to complete this transaction, so we're still a 100,000,000 AS company. We also know that Xi'an is currently profitable and is growing. See these quotes:
Xi'an Johnson is apparently looking to ACQUIRE ANOTHER COMPANY!!! So revenues will not stay at this $20,000,000 level for long.
Also look at what Management plans to do with Xi'an Johnson.
Let me highlight and repeat the important part.
distribute shares of Xi'an Johnson Pharmaceutical Ltd. to our shareholder base
distribute shares of Xi'an Johnson Pharmaceutical Ltd. to our shareholder base
distribute shares of Xi'an Johnson Pharmaceutical Ltd. to our shareholder base
distribute shares of Xi'an Johnson Pharmaceutical Ltd. to our shareholder base
So, for those of us dilligent in collecting shares, this will be a gift that keeps on giving! Every single share we own will generate income for us REGARDLESS of what the PPS is!
Mind you, once investors realize exactly what is going on here, the number of shares available on the market will decline significantly. Which is ok. I was fortunate to be able to get some of the cheapies here a few weeks ago ;)
Anyways, I'm new to these forums but hardly new to trading, its nice to read each and every comment here. Hope that I can bring something extra to the table to help with garnering more support here.
ROCK ON PPBL!
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