InvestorsHub Logo
icon url

sidesh0wb0b

02/01/08 6:43 AM

#854 RE: macdrsirules #853

mac, i dont know if you have noticed, but there is really no bashing going on here. theres little attention on this stock, and most of the negative ppl have just floated away. thank god, because they are annoying as all hell. its gotta be tough going through life so negative...
anyway, glad you popped in. thanks for your input. are you still looking for an entry, or have you given up on AUCI?
icon url

gostox

02/01/08 8:03 AM

#855 RE: macdrsirules #853

as I understand the situation, 500,000,000 are "authorized" not ACTUAL. actual remains 50,000,000. ceo has repeatedly given his and the board's commitment to no dilution (by public PR no less). agent has confirmed this - the actual float is still 50 mill with a portion still restricted, and a portion in the company's hands. we know of one group of investors who are committed to the stock that hold another 5-6 mill.

pay no attention to recent volume levels as any real indication of how much stock has changed hands recently (which would indicate either the complete changing hands of the entire public float OR dilution). the most likely explanation is that volume levels have been inflated by MMs with short positions (possible on pinksheets which are not under the same regulatory surveillance by the SEC as the exchanges). again the agents statements on the float confirm this.

I and others have spoken to the ceo personally and have confidence that he is telling the truth.

but thanks for your perspective macdrsirules. no-body is served by having their heads in the sand.


icon url

lazyeye

02/01/08 8:46 AM

#857 RE: macdrsirules #853

No way are you bashing. You raise great questions. Raising the A/S 10 fold coupled with a MASSIVE downtrend is always a cause for concern. Not to mention the Reno, BC, OTC Financial Network and a .01 shareprice concerns.

But hey, a 3-5 bag run here would not be out of the question nor surprising.