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NJHowie

07/19/07 11:42 PM

#587 RE: NJHowie #586

I said:
"the company/CEO is attempting to pump up the price with this (failing) marketing campaign in preparation to float a whole bunch of new shares"

10Q filed last week says:
"In March 2007 the Company pursuant to the approval of its shareholders holding the majority of its issued and outstanding shares(*) as of February 20, 2006, increased its authorized common stock from 69,000,000 shares to 500,000,000 shares."

(*) - the founders who own 64,000,000 shares.

The stock will be back below $1 in short order.


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grnsurfer

07/20/07 3:45 AM

#588 RE: NJHowie #586

Altho at this pt my decisions are also based on other mkt drivers, from a straight TA standpt, I'd have to say that I agree w/ Chart. In my opinion, there is a consolidation occuring. Despite these past few days, we are still comfortably above the support levels I view as significant. Whether influenced by a few or many, this has been made clear as our stock seems to encounter support at specific levels. Altho from one perspective the MACD does indicate a down trend, contrarily, the specific MA that I've consistently relied on for stocks such as ours also indicates that the circumstances are very much in our favor. At this pt, I am very willing to wait for a buyer's push because I don't see any danger whatsoever. Besides, if other mkt drivers end up workin' in our favor, we probably will see all-time highs.
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frankie_fillet

07/20/07 9:54 AM

#592 RE: NJHowie #586

provide links or keep the crys to a minimum...

real