Sanwire Corpm, NTMGD, stats from otcmarkets.com
Shares Outstanding 1,331,937 a/o Mar 07, 2013
Company Directors
Carman Parente
Company Notes
Formerly=NT Mining Corp. until 3-2013
Formerly=777 Sports Entertainment Corp. until 11-2008
Formerly=Oasis Information Systems, Inc. until 2-05
Formerly=1st Genx, Inc. until 10-01
Formerly=1st Genx.com, Inc. until 4-01
Formerly=e-Vegas.com, Inc. until 8-00
Formerly=e-Casino Gaming Corp. until 6-99
Formerly=Clear Water Mining, Inc. until 3-99
Capital Change=shs decreased by 1 for 4 split. Pay date=6-14-01.
Capital Change=shs decreased by 1 for 10 split. Pay date=6-24-02
Capital Change=shs decreased by 1 for 300 split Pay date=02/07/2005.
Capital Change=shs decreased by 1 for 2000 split Pay date=11/04/2008.
Capital Change=shs increased by 2 for 1 split Ex-date=03/16/2010. Rec date=03/10/2010. Pay date=03/15/2010.
Capital Change=shs decreased by 1 for 50 split. Ex-date=03/07/2013.
That record of splits show repeated efforts to keep the share price up in a respectable range since June 2001. Five reverse splits including a huge 1 for 2000 split in 2008. One forward split of only 2 for 1.
Somebody else can do the math - but a 2001 share would need lots of zeroes to describe in terms of today's share. Maybe unfair and irrelevant but shows a pattern of frequent focus, name and capital structure changes in the past 12 years. Have they finally found the brass ring and about to grab it or simply another hook for the next marketing campaign with mine safety equipment? Is the mining aspect of NTMGD totally out of the picture?
I actually think Kanno was and is sincere in his hopes for commercialization of the old iPackets technology - he's new to this particular shell having left Nomad/iPackets behind and apparently has found a way to start fresh with sole claim to the technology and without the overhead of tens of millions of shares outstanding in the hands of others - the IPKL shareholders.
Now fewer shares and fewer shareholders in NTMGD. Nothing about this is new or very surprising - it's the way of penny stocks. Change names or find a new shell - reverse split to boost the looks of a share and find a new market niche. I have dormant stock in IPKL and a new position in NTMGD so trying to play both sides. IPKL now a shell without a product or service as far as I can tell - new CEO, Roland Vetter is also officer with NTMGD and I don't know the significance of that.
All the entities involved need some press releases to explain what's happened and plans for the future.
Last trade for NTMGD was March 6th - 8000 shares at 0.0095 pre-split. Are there pending orders that the market maker isn't allowing to execute or zero interest to buy/sell till more is known? I'd guess there are pending orders not shown. There may be another day like Feb 28th when a slew of transactions at wildly varying prices took place.
Anybody with some insights or comments?
rjw/mkc
