orbit pick out
Hello Members,
It's been a while since we at Orbits have done one of these, but we are putting RNDR (Rounder INC) on a LONGTERM alert play. This chart is a perfect bottom bouncer, and after yesterdays CC and share reduction, we expect a healthy move forward. BOTH pps wise and company/operations wise.
CC notes
251 million shares getting cancelled new OS will be around 150 mil.
Looking to move up to OTC Bulletin Board ASAP.
They are taking companies with value and clean them up and either hold them or spin them off.
No reverse split.!!
Name/ Symbol change in future to get away from bad stigma from past management.
Appswarm updates coming soon.
My guess as to what we see soon PPS wise is .02-.05+
250 mil share reduction new OS will be 150 million shares also noted in filing
Note: 90,000,000 common shares are to be returned due to the settlement agreement with Compass Entertainment. An additional 161,000,000 common shares were issued in anticipation of the completion of asset acquisitions and were in the hands of John Stanton, the shares are to be returned and a demand has been sent for their return as no consideration was paid for them and cannot be because of the Stanton bankruptcy. 5,000 preferred series a stock were demanded returned as well as they were issued for the conversion of debt that is no longer viable and is discussed in the Other Information section in this document. All are still listed here as outstanding because they have yet to be returned. None of these shares will be honored without a court order and no court action is anticipated by any holder of these shares. All shares have been removed from the monetary values in
the financial statements.
Share Structure:
Shares Outstanding 400,193,715 a/o Sep 25, 2012
Float 65,235,825 a/o Sep 25, 2012
Authorized Shares 500,000,000
a/o Mar 31, 2012
WASHINGTON, Oct 12, 2012 (BUSINESS WIRE) -- Rounder Inc. (Pink OTC Market: RNDR) Welcomes Thomas J. Parilla.
Thomas J. Parilla has been named the new President of Rounder Inc., and has also accepted a seat on its Board of Directors. With nearly 20 years of international and domestic blue chip experience, in both the retail brokerage and investment banking sectors, Mr.Parilla brings a wealth of Wall Street knowledge to the Rounder family.
Aquisitions:
Rounder, Inc (Pink OTC Market: RNDR) announced today the acquisition of AppSwarm, Inc. AppSwarm, Inc, is an application incubation firm dedicated to acquiring applications for all forms of mobile devices. App Swarm offers complete, end-to-end services for mobile application development across all major platforms including Apple iPhone, RIM's BlackBerry, Google's Android, as well as Microsoft's Windows Mobile. website: www.app-swarm.com
Rounder Inc. (Pink OTC Market: RNDR) today announced that its subsidiary BGGR Inc. has entered into a marketing agreement to exclusively market a patent pending line of energy supplements sold under the name of DynaPep Energy (www.dynapep.com)
Investor Relations:
Sterling Capitol Kent Thomas (631) 824-7661
-Orbitstocks.
2010 Breeder's Cup Classic champion Blame holding on at the wire to beat favorite and then unbeaten Zenyatta.
