AI
Monday, August 01, 2011 6:45:02 PM
Clay, check out this "Day 1" chart reversal. Your thoughts are always appreciated.
MSOA Chart - Downtrend REVERSAL (today = day 1 of move)
Keep in mind, this went from .002 to .03 during the mass confusion last month (post r/s), and has since fallen from .03 to .0003 in a month - BOUNCE TIME!
Email from the CEO of MSOA:
I communicate with shareholders via quarterly reports (which are always on time) and press releases. You ask me questions like "what is the debt structure"? All that information is available by reading the quarterly reports and the financial statements. The current outstanding shares are 2,152,950,326 of which 150,928,359 are free trading. The 2 billion shares are restricted for a year and the company will not sell these shares. They are for control purposes. Since June 15, 2011, a total of 665 million shares have traded which represents over 4 times the float. Obviously, traders and market makers are churning the stock. Of course I am concerned about the price of the stock but, I have no control over the marketplace and the market makers. I see trades for 500-1000 shares hitting the bid just at the closing which is obviously market makers who what the price to go down.
MSI has no plans to do another reverse split. The company has considerable prospects and press releases will continue. The second quarter report will be out shortly.j.roberts@mysocialincome.com
***************************************************************************************************
Question and Answer session between the CEO and a forum member:
Q: I understand that you performed a R/S on the shares sometime in May and that the stock didnt trade for like a month (for reasons unknown)?
A: That's correct. We performed a 1:1000 split
Q: What was the share structure at that time, and what is it currently?
A: Pre split, there was 2,900,000,000 shares. 2 Billion of those shares was and STILL IS restricted, and have not been sold.
Q: Ok, so if 2,900,000,000 shares were met with a 1:1000 R/S, then post split adjusted, there would have been 2,900,000 shares outstanding yes?
A: Yes, there were 2,900,000 shares post r/s, that is correct.
Q: Can you please tell me how many shares you, as CEO, chose to increase the float by when you performed your capital raise mid June. There was much confusion, and still appears to be, on why the price per share didnt OPEN at the split adjusted price of .10/share.
A: Well, firstly things dont always re-adjust themselves post split. Thats up to market participants. Secondly, I had issued 150,000,000 new shares into the float, and this should be reflected on the pinksheets website. I had addressed this issue with other people that had called me as well.
Q:Well, in hindsight, what shareholders NEEDED and have been ASKING for you to do, is to issue a public statement explaining the capital raise (immediate increase in O/S and float) following the R/S. At a bare minimum this information should have been updated on the pinksheets.com website so shareholders could understand the new share structure.
A: I contacted pinksheets.com and all that information should have been changed and made current.
Q: Well it isnt. It states a market value of $18 and shares outstanding 14,011 and A/S and float is "not available", etc etc. What can be done about this?
A: Well obviously those figures are completely inaccurate. When i get off the phone with you, im going to call the otcmarkets.com website and inquire about why the update was not incorporated into their figures. As soon as im done with you, im going to call them.
Q: Shareholders are extremely upset at all the unecessary confusion this r/s and subsequent and immediate increase in the O/S and float has caused. All we needed was a PR indicating how many shares were distributed by you as part of your capital raise, and what the new post split share structure was at the time. Now the damage has been done. Are you finished with selling stock? Is the capital raise completed?
A: As previously stated, I sold 150,000,000 shares of stock. The 2 Billion RESTRICTED shares, turned into 2 MILLION shares post split, and are counted alongside with the remaining 900,000 shares , for a total and updated sharecount of 152,900,000 shares
Q: Ok, so the current sharecount is 152,900,000 shares and you havent distributed ANY of the restricted shares?
A: The restricted shares have always been locked down and I have no intention on selling them. They are a formality.
Q: So where are all these shares coming from that's driving the pps from .03 highs to .0011 lows?
A: I sold 150,000,000 shares. Since that time, it's traded well over 500,000,000 shares, so im going to assume that the sells you are witnessing at these depressed levels, are from shareholders selling at a loss.
Q: Well at a loss, yes - obviously. Im hoping that once you clarify the share structure and make it PUBLICLY available on the otcmarkets.com website, that some bid side stability can come back into the shares. I cant believe something like this happened, and confusion is to blame. Ok, so please call otcmarkets.com and have those figures adjusted. I think once shareholders see something in print, the confusion will be abated and the shares should recover rather fast.
A: When we hang up, I am calling.
Q: Thank you sir, and thanks for taking the time to field my call. Not sure why others arent calling you but i will relay the message.
Disclaimer
All of the content published by Smilin_B on this website is to be used for informational purposes only and without warranty of any kind and should not be construed as an offer to buy or sell securities. By reading this or any post by Smilin_B, you are accepting the sole responsibility for your own investment decisions. You, the reader, and not Smilin_B, are solely responsible for any losses, financial or otherwise, as a result of trading stocks. Under all circumstances, you the reader, and not Smilin_B, assume the entire cost and all risks involved with trading this and any stock based on strategies or opinions of Smilin_B. By reading messages on the internet composed by Smilin_B,you acknowledge that the information here unto contained within said message is provided solely for general opinionated discussion and informational purposes only and therefore should not be considered to be complete, precise, accurate, or current investment advice. Smilin_B will not be responsible for or accept any legal liability (both state & federal) for any losses arising from an investor's reliance on or use of this assembled information. PLEASE always do your own due diligence, and consult your own licensed financial advisor. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all your money. Never invest in any stock mentioned in emails or on the advice of Smilin_B or anyone else, unless you can afford to lose your ENTIRE investment
MSOA Chart - Downtrend REVERSAL (today = day 1 of move)
Keep in mind, this went from .002 to .03 during the mass confusion last month (post r/s), and has since fallen from .03 to .0003 in a month - BOUNCE TIME!
Email from the CEO of MSOA:
I communicate with shareholders via quarterly reports (which are always on time) and press releases. You ask me questions like "what is the debt structure"? All that information is available by reading the quarterly reports and the financial statements. The current outstanding shares are 2,152,950,326 of which 150,928,359 are free trading. The 2 billion shares are restricted for a year and the company will not sell these shares. They are for control purposes. Since June 15, 2011, a total of 665 million shares have traded which represents over 4 times the float. Obviously, traders and market makers are churning the stock. Of course I am concerned about the price of the stock but, I have no control over the marketplace and the market makers. I see trades for 500-1000 shares hitting the bid just at the closing which is obviously market makers who what the price to go down.
MSI has no plans to do another reverse split. The company has considerable prospects and press releases will continue. The second quarter report will be out shortly.j.roberts@mysocialincome.com
***************************************************************************************************
Question and Answer session between the CEO and a forum member:
Q: I understand that you performed a R/S on the shares sometime in May and that the stock didnt trade for like a month (for reasons unknown)?
A: That's correct. We performed a 1:1000 split
Q: What was the share structure at that time, and what is it currently?
A: Pre split, there was 2,900,000,000 shares. 2 Billion of those shares was and STILL IS restricted, and have not been sold.
Q: Ok, so if 2,900,000,000 shares were met with a 1:1000 R/S, then post split adjusted, there would have been 2,900,000 shares outstanding yes?
A: Yes, there were 2,900,000 shares post r/s, that is correct.
Q: Can you please tell me how many shares you, as CEO, chose to increase the float by when you performed your capital raise mid June. There was much confusion, and still appears to be, on why the price per share didnt OPEN at the split adjusted price of .10/share.
A: Well, firstly things dont always re-adjust themselves post split. Thats up to market participants. Secondly, I had issued 150,000,000 new shares into the float, and this should be reflected on the pinksheets website. I had addressed this issue with other people that had called me as well.
Q:Well, in hindsight, what shareholders NEEDED and have been ASKING for you to do, is to issue a public statement explaining the capital raise (immediate increase in O/S and float) following the R/S. At a bare minimum this information should have been updated on the pinksheets.com website so shareholders could understand the new share structure.
A: I contacted pinksheets.com and all that information should have been changed and made current.
Q: Well it isnt. It states a market value of $18 and shares outstanding 14,011 and A/S and float is "not available", etc etc. What can be done about this?
A: Well obviously those figures are completely inaccurate. When i get off the phone with you, im going to call the otcmarkets.com website and inquire about why the update was not incorporated into their figures. As soon as im done with you, im going to call them.
Q: Shareholders are extremely upset at all the unecessary confusion this r/s and subsequent and immediate increase in the O/S and float has caused. All we needed was a PR indicating how many shares were distributed by you as part of your capital raise, and what the new post split share structure was at the time. Now the damage has been done. Are you finished with selling stock? Is the capital raise completed?
A: As previously stated, I sold 150,000,000 shares of stock. The 2 Billion RESTRICTED shares, turned into 2 MILLION shares post split, and are counted alongside with the remaining 900,000 shares , for a total and updated sharecount of 152,900,000 shares
Q: Ok, so the current sharecount is 152,900,000 shares and you havent distributed ANY of the restricted shares?
A: The restricted shares have always been locked down and I have no intention on selling them. They are a formality.
Q: So where are all these shares coming from that's driving the pps from .03 highs to .0011 lows?
A: I sold 150,000,000 shares. Since that time, it's traded well over 500,000,000 shares, so im going to assume that the sells you are witnessing at these depressed levels, are from shareholders selling at a loss.
Q: Well at a loss, yes - obviously. Im hoping that once you clarify the share structure and make it PUBLICLY available on the otcmarkets.com website, that some bid side stability can come back into the shares. I cant believe something like this happened, and confusion is to blame. Ok, so please call otcmarkets.com and have those figures adjusted. I think once shareholders see something in print, the confusion will be abated and the shares should recover rather fast.
A: When we hang up, I am calling.
Q: Thank you sir, and thanks for taking the time to field my call. Not sure why others arent calling you but i will relay the message.
Disclaimer
All of the content published by Smilin_B on this website is to be used for informational purposes only and without warranty of any kind and should not be construed as an offer to buy or sell securities. By reading this or any post by Smilin_B, you are accepting the sole responsibility for your own investment decisions. You, the reader, and not Smilin_B, are solely responsible for any losses, financial or otherwise, as a result of trading stocks. Under all circumstances, you the reader, and not Smilin_B, assume the entire cost and all risks involved with trading this and any stock based on strategies or opinions of Smilin_B. By reading messages on the internet composed by Smilin_B,you acknowledge that the information here unto contained within said message is provided solely for general opinionated discussion and informational purposes only and therefore should not be considered to be complete, precise, accurate, or current investment advice. Smilin_B will not be responsible for or accept any legal liability (both state & federal) for any losses arising from an investor's reliance on or use of this assembled information. PLEASE always do your own due diligence, and consult your own licensed financial advisor. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all your money. Never invest in any stock mentioned in emails or on the advice of Smilin_B or anyone else, unless you can afford to lose your ENTIRE investment
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