Replies to post #4116 on Prospect Ventures Inc. (fka IVAP)

[doogdilinger]

Jason Sundar's been "buying" & "selling" DUSS for 4 straight months now strat...& there's nothing wrong with him buying & selling stock here as he fully reports his transactions and still owns 1,250,100 as of June 16th...which if players have been monitoring all his buy/sell activity here over the past 4 months...is EXACTLY the amount he owned prior to "buying" 100K shares of DUSS way back on Feb 19th/09 as the filing link below clearly reflects:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6153466

As well...here's a quick summary of the dates of all of Sundar's buy/sell transactions over the past 4 months which everyone has been able to view/monitor all along here as he fully reports his transactions with SEC filings every time out:


06/16/2009 (18:43 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



06/15/2009 (13:10 ET) DUSS: New Form 4/A Filed, Change in Beneficial Ownership - Edgar



06/10/2009 (14:24 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



05/12/2009 (17:55 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



4/24/2009 (15:46 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



04/15/2009 (14:53 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



04/07/2009 (19:59 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



03/31/2009 (14:37 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



03/05/2009 (15:23 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



02/23/2009 (21:26 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar



02/19/2009 (14:33 ET) DUSS: New Form 4 Filed, Change in Beneficial Ownership - Edgar

[jimmenknee]

Wow strat0477, thanks for posting that-- you hit the nail on the head IMHO... I said it a little differently June 1:

"... I think this highlights the legitimacy of a company and its potential, pitted against a liquidity generating promotion campaign. Given historical records, the odds are the latter will be abused and the eventual result will be either slow bleeding drift or impatient seller(s) steeper decline ..."
#msg-38300178

Jason has tapped out all his allowable sells in 2 days (via Rule 144). In addition he "gifts" 2,100,000 shares which I would assume were, or are still, in play here as well.

Massive volume increase that "dies on the table" -- pps is a mere 1 cent higher than the day before the spike... and worse yet, all the work to "promote" and now over 50% of the shares bought during the promotion are in the red :-(

But Jason doubles his money (and such a small amount to realize too considering the "price" the non-informed [non-front-loading] retail shareholder paid :-( )

 
 Date	        Code	Shares		Price	Balance	        Code	$	 
 2/6/2009	P	200,000	A	0.0100	1,200,000	D	$2,000.00 	 
 2/10/2009	P	50,000	A	0.0150	1,250,000	D	$750.00 	 
 2/19/2009	P	100,000	A	0.0125	1,350,000	D	$1,250.00 	 
 2/20/2009	P	13,000	A	0.0120	1,363,000	D	$156.00 	 
 2/20/2009	P	17,200	A	0.0100	1,380,200	D	$172.00 	 
 2/23/2009	P	30,000	A	0.0100	1,410,200	D	$300.00 	 
 2/23/2009	P	5,000	A	0.0080	1,415,200	D	$40.00 	 
 2/23/2009	P	9,800	A	0.0105	1,425,000	D	$102.90 	 
 3/5/2009	P	19,475	A	0.0112	1,444,475	D	$218.12 	 
 3/5/2009	P	10,625	A	0.0150	1,455,100	D	$159.38 	 
 3/30/2009	P	10,000	A	0.0070	1,465,100	D	$70.00 	 
 3/30/2009	P	15,000	A	0.0095	1,480,100	D	$142.50 	 
 3/30/2009	P	25,000	A	0.0100	1,505,100	D	$250.00 	 
 3/30/2009	P	5,000	A	0.0100	1,510,100	D	$50.00 	 
 3/30/2009	P	45,000	A	0.0109	1,555,100	D	$490.50 	 
 3/30/2009	P	30,000	A	0.0108	1,585,100	D	$324.00 	 
 3/31/2009	P	10,000	A	0.0114	1,595,100	D	$114.00 	 
 3/31/2009	P	10,000	A	0.0115	1,605,100	D	$115.00 	 
 3/31/2009	P	20,000	A	0.0120	1,625,000	D	$240.00 	 
 4/7/2009	P	5,000	A	0.0130	1,630,100	D	$65.00 	 
 4/7/2009	P	45,000	A	0.0140	1,675,100	D	$630.00 	 
 4/8/2009	P	25,000	A	0.0150	1,700,100	D	$375.00 	 
 4/15/2009	J    2,000,000	A	$0	3,700,100	D	$0.00 	Received for Services 
 5/7/2009	P	10,000	A	0.0190	3,710,100	D	$190.00 	 
 5/8/2009	P	25,000	A	0.0160	3,735,100	D	$400.00 	 
 5/8/2009	P	10,000	A	0.0180	3,745,100	D	$180.00 	 
 	Total Buy:	745,100 				Cost:	$8,784.40 	 
 5/8/2009	G    2,000,000	D	$0	1,745,100	D		Gifted 
 6/3/2009	S	45,000	D	0.0370	1,700,100	D		$1,665.00  
 6/4/2009	S	67,000	D	0.0400	1,633,100	D		$2,680.00  
 6/4/2009	S	33,000	D	0.0380	1,600,100	D		$1,254.00  
 6/8/2009	G	100,000	D	$0	1,500,100	D		Gifted 
 	Total Sell:	245,000					Gross:	$5,599.00  
 6/9/2009	S	34,000	A	0.0310	1,534,100 ( 2 )	D	$1,054.00 	 
 6/9/2009	S	50,500	A	0.0300	1,584,600 ( 2 )	D	$1,515.00 	 
 6/10/2009	S	65,500	A	0.0350	1,650,100 ( 2 )	D	$2,292.50 	 
 	Total Buy:	150,000				Cost:	$4,861.50 	 
 6/11/2009	S	41,600	D	0.0660	1,608,500	D		$2,745.60  
 6/11/2009	S	8,400	D	0.0690	1,600,100	D		$579.60  
 6/11/2009	S	100,000	D	0.0620	1,500,100	D		$6,200.00  
 6/11/2009	S	42,000	D	0.0560	1,458,100	D		$2,352.00  
 6/11/2009	S	8,000	D	0.0550	1,450,100	D		$440.00  
 6/11/2009	S	50,000	D	0.0480	1,400,100	D		$2,400.00  
 6/11/2009	S	50,000	D	0.0502	1,350,100	D		$2,510.00  
 6/11/2009	S	50,000	D	0.0500	1,300,100	D		$2,500.00  
 6/11/2009	S	50,000	D	0.0450	1,250,100	D		$2,250.00  
 	Total Sell:	400,000				Gross:	$21,977.20  
 			 
 Grand Total Shares Bought:	895,100 
 Grand Total Shares Sold:	645,000	 
 Grand Total:	 
 Buys: $13,645.90 	 
 Sells: $27,576.20 			 
 % Gain:	102.08%	 
 $ Gain:	$13,930.31  
 

Here's what the 2 heavy days looked like graphically (June 11 & 12):