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What are the odds of this getting back up to 6 or 7? It took me a few days to fill at 3, but I couldn't sell at 5, so even with the up and down volume it looks stuck around 4... but 6 or 7 would be nice and looks easy from my perspective, but I could be wrong .... They need to get some good news out, though, other than updates about their CEO/board/etc. What about the actual product...
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NanoSignal Corp. Announces Funding: $10 Million Line of Credit
NanoSignal Corp. (Pink Sheets: NNOS) announced today that it has secured a credit line through AMC International Law Associates represented by Dr. Rodney Daniel, executive vice president. This credit line is established at Standard Charter Bank for $10 million.
"This credit line is to assist NanoSignal Corp. in two areas," said Dr. Rupert Perrin, chairman of the board of NanoSignal Corp. "The first is to complete SLICES(TM) Technology and the second is the acquisition of 10 MRI centers located in South Florida.
"This is a great day for such an announcement as we can commence with our plans. We want to prepare a progress report for all our shareholders of record before the end of next month," concluded Dr. Perrin.
Funding is expected to be released within the next 10 business days or upon our completion of certain necessary documentation and some of the completed funding will consist of a private funding collateral document being completed and accompanying materials by the legal counsel. One million dollars is intended to finish development of "SLICES" and make it ready for markets. Additional line of credit of $1 million is going directly to NanoSignal Corp. for manufacturing and production of "SLICES" and the balance of $8 million for the acquisition of up to 10 MRI centers located in South Florida.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements.
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oh, man, I held this stock for two months, and then i sold today at .0004, taking a loss, because I've been hearing so many bad things about this stock (about it being a pump and dump, etc.) and it just kept creeping lower every day and the word was it was going to dillute again soon (and probably will at the height of this run).... so, of course, a few minutes after I sell it it jumps to .0008. Coulda made a nice bit a dough on that. So much time and $$ down the drain ... How depressing.
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ok, where do we open? i bet .001 or over. i've got a sell in for .001 or better in case i sleep through the open. this west coast stuff is early
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lol yeah that would be rough on the west coast being up for opening. Not sure where this will open but I think its going to run more tomorrow. Didn't really have time to do a really good run cause the news came out so late. GLTA on this one. I sold about half I had at .0008
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I did the same: sold * .0008 apx 1/2 my position. If we make the same trades, we'll be accused of being the same person with dual posting. If we open higher next resistance appears to be * .0011 then on to .0015. wouldn't that be great!
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Just be careful folks, from what I hear these guys are known to dilute as soon as the price goes up.... they might flood the market before you know what's hit ya. I road this one up, didn't get out, and then road it and down and then got out too early, sure, but you don't want to end up riding this down in a week or two and get stuck with the bag. Find a good price, and then duck and cover. The PR is good, but it's a line of credit, not an actual product contract, so we're not talking guaranteed long growth.
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All it is, is an open line of credit. No more, no less. Speculation is driving it up and it should go back down. I'd wait a bit to buy into this one.
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quote:Originally posted by subbywrx: All it is, is an open line of credit. No more, no less. Speculation is driving it up and it should go back down. I'd wait a bit to buy into this one.
don't expect a pull back below .0025..with a volume of 266m yesterday, this has more momentum now to go beyond .0015 levels for 1-2 days..
JPHC went from .0003 to .0033 before the pullback to current levels at .0013
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Yeah, I think we see an open of .001, and maybe a run up to .002 IMO. I've played this stock for almost 4 months now just holding some free share's. Missed the news, and run up yesterday, because of work, but you can bet I'll be on top of it this morning. I plan to pull the trigger on my remaining shares around .0012, and then jump back in on the pullback at around .0003 maybe as early as next week.GLTA!!!!!!!
-------------------- Time will give you what you want!
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