This one has been dropping hard, too hard if you know what I mean.
This old news was interesting: "On January 4, 2005, the Company announced that it has received investments totaling $250,000. In addition, it announced that it has invested the funds in a new nanotechnology venture in partnership with Terra Solar Development Corp."
If you DD, check out this Terra Solar corp.......very interesting. (they have now acquired all Terra assets, read below)
Authorized shares: 50 million Float: 20 Million
The float from Pink sheets is 14 million, I'm using the 20 to be on the safe side.
On Wed's they aquired assets of Terra Solar which are:
YAaaaah! I cant get updated quotes cause im at WORK Grrr!
Posted by $Keith$ on :
up 21.74%
Posted by zoltan on :
thank keith
Posted by zoltan on :
I wonder when i should sell out ...??hummm..or ride it out
Posted by zoltan on :
I took the 21.7% gain and sold out
Posted by gmh37 on :
Friends, beware of PK,s Inever touch a PK
JIMO
gmh37
Posted by zoltan on :
What is a PK?
Posted by gmh37 on :
A Pink Sheet Stock, very Risky
gmh37
Posted by Thorn on :
All stocks are risky. Don't be fooled.
Posted by keithsan on :
quote:Originally posted by zoltan: I took the 21.7% gain and sold out
nice play!
I'm still in, its keeping a big spread, if it dips below .02 i'm grabbing more.
seems to be sitting strong, not much going on for the lunch dip.
Posted by zoltan on :
Thanks Keithsan means alot from a pro!
Posted by keithsan on :
Pro -LOL
bid up to .024, bid jumped up around 2:00 yesterday also, lets see if we have late day action here
Posted by <nishera> on :
Hey Keithsan,
Do you expect this stock to keep rising come Monday?
Posted by keithsan on :
i expect it to rise, not sure if it will happen on monday.
Posted by <triumph> on :
Anyone still holding this one?
Posted by keithsan on :
I am! haven't sold a share, and if i can buy unde 2 i will pick up some more
Posted by TampaInvester on :
Hey keithsan, I bought some at 0.017...What do you think? Keep me posted on when you plan to get out plzzz
Posted by keithsan on :
Nice Buy, I added also.
Posted by TampaInvester on :
Looks to be moving this am
Posted by TampaInvester on :
is it time to get out??.. bid is 0.024
Posted by keithsan on :
i'm still in and patient, plus now its over my buy in after i averaged down....
Posted by Raptorsrule on :
I'm still in....just in the green.....
Posted by keithsan on :
looks good this morning, no news though
Posted by keithsan on :
looking to hit .035 here.....
Posted by TampaInvester on :
well i got out at 0.03 with 80% profit
Posted by keithsan on :
nice work! I'm waiting on a big payday myself, plus my pps wasnt as lowas yours.
Posted by TampaInvester on :
I just put a GTC order last nite for 0.03 and not sure when it got filled since i was not keeping track.
one question. What does it mean when a company has a big spread (bid and ask). Is that a good thing?
Posted by Thorn on :
When you go through a broker, it means you won't make as much, because the broker takes the gain from the spread. That's all I know about it.
Posted by keithsan on :
big spreads: if your playing a penny stock and the bid is .01 and the ask is .02, you buy on the ask sell on the bid, thats not a good thing at all. out 50% or more.
basically, big spreads can be risky.
Posted by keithsan on :
RUMORS of merger news supposedly coming today.
put on your watch incase its true. nothing i can validate so good luck
Posted by Raptorsrule on :
Hope your rumors come true....I'm ready for this one to take off....
Posted by keithsan on :
sorry rapt, no news today, if you hold and are thinking of selling (like me) i recommend you hold thru mon of next week, only because of rumors. nothing else. so do what your trading fingers tell you....there is no reliable source or anything, just rumors.
Posted by Raptorsrule on :
Gotcha.....I'm holding.....impatiently...LOL
Posted by Raptorsrule on :
up 50% this AM
Posted by keithsan on :
acquisition news finally here hope you are all in!
ObjectSoft Corp. to Acquire Nanotechnology Assets of Terra Solar Development Corp; Asks Shareholders to Approve Name Change to Nanergy Corp.
January 19, 2005 07:00:00 (ET)
NEW YORK, Jan 19, 2005 (BUSINESS WIRE) -- ObjectSoft Corp. (OSFT, Trade) today announced that it has agreed to acquire all of the nanotechnology assets of Terra Solar Development Corp. (TSDC to be renamed RES Inc.) and also Accusealed of Hungary. After the closing of the acquisition, expected to take place in February 2005, ObjectSoft will ask shareholders to approve a change in the Company's name to Nanergy Corp.
The principal nanotechnology assets being acquired include: -- Patents issued and applied for, as well as patent disclosures related to the use of carbon nanotubes in -- nickel-carbon nanotube batteries -- hydrogen storage in carbon nanotubes -- Design of a number of Nanofilm-based PV consumer products -- Related contracts with workers and consultants
The assets are being acquired debt-free. As consideration for the purchase, shareholders of TSDC will receive equity equal to 90.9% of the total equity in ObjectSoft. Based on the achievement of certain milestones, additional shares may be issuable to Nanergy management.
60% of the shareholders of ObjectSoft have signified their approval of this transaction, which is still subject to conclusion of a definitive agreement, shareholder and Board approvals and customary closing documents.
ObjectSoft had previously announced that it and its investors had invested a total of $250,000 in Terra Solar Development Corp. Upon the completion of this transaction, ObjectSoft will own all of the nanotechnology assets of TSDC and Accusealed.
Posted by Raptorsrule on :
Very cool.....
Posted by jmichael7 on :
OSFT - this baby is sure going thru the roof and with no promotion..looks like no stop'n it...
Posted by jmichael7 on :
Posted by jmichael7 on :
Vol - ALERT PEEPS..PAY-A-10-SHUN!!
Posted by dealeredge on :
Rumor has it that the merger will be complete Friday ... moving today big time
Posted by dealeredge on :
Rumor has it that the merger will be complete Friday ... moving today big time
Posted by FurrySound on :
Feb 10th Vol: 216k Feb 11th Vol: 400k Feb 13th Vol: 1.2mil Feb 14th Vol: 5.9mil Feb 15th Vol: 11.5mil @ 11:24am !!!
Major merger news rumored to be completed this week.
The principal nanotechnology assets being acquired include:
Patents issued and applied for, as well as patent disclosures related to the use of carbon nanotubes in nickel-carbon nanotube batteries hydrogen storage in carbon nanotubes Design of a number of Nanofilm-based PV consumer products Related contracts with workers and consultants The assets are being acquired debt-free
when she move she move....
Posted by FurrySound on :
And when she moves with rumored news, she's going to move big.. .025-.03 close today, gap at open tomorrow..
Nice healthy pull back is finishing up here..
This is big..
The company believes so strongly in the future earning power of this branch of science, that it divested itself of its former business and made an investment in Terra Solar Development Corp., a privately held nanotechnology entity headed by Dr. Zoltan Kiss. Dr. Kiss, a well-known inventor, has three patterns in the nanotechnology field. His work has garnered major support from the US government including the Department of Energy's National Renewable Energy Laboratory.
Almost back to my buy in price! I have to break this habit of mine of buying at the peaks Posted by jmichael7 on :
11k at .021 and ask moved to .0215..thing just keeps UTing on Tiny Money - lol
Posted by FurrySound on :
Yup, 50mil A/S and 14 mil float (as of Nov), even with dilution, it's still small float, looks to be drying up some.. good sign, gappage tomorrow.
Posted by jmichael7 on :
OSFT - heads up on this one again this coming week IMO ;o) Posted by keithsan on :
NEW YORK--(BUSINESS WIRE)--March 17, 2005-- ObjectSoft Corp. (OTC-Pink Sheets: OSFT) today announced that it expects to complete the process of renaming the company Nanergy Inc. within the next 30 days. This previously announced change reflects the acquisition by the company of the nanotechnology assets of RES Inc., formerly Terra Solar Development Corp. and also of Accusealed of Hungary. Separately, the Company announced that its board has approved the working prototype of its first product. Mr. Moshe Gluzman, Chief Executive Officer of ObjectSoft said, "We have received and approved for manufacture a working prototype of NanoSign(TM), the Company's first commercial nanotechnology-based product. We expect to shortly release the product for manufacture and to begin shipping in the second quarter of 2005." This illuminated safety house number sign uses PVNanofilm technology so that it can recharge in low light. The high efficiency of the nanotechnology-based photovoltaic cell recharges the device for a week on only eight hours of daylight. Unlike existing devices, direct sunlight is not required. The company believes this product meets a widely-felt need. Products of this type have been recommended by police and emergency workers; however existing products have been too expensive and have too short a life to be suitable for mass marketing. Separately, the Company announced details of its capital structure. There are about 50 million shares in the float. The number of shares authorized is 850 million. About 643 million restricted shares were issued or are issuable in connection with the acquisitions. The total outstanding after giving effect to shares issuable for the acquisition is about 700 million shares. All of the persons issued restricted shares in connection with the acquisition will be deemed control persons under SEC rules.
Posted by Peaser01 on :
Hope my shares do some work shortly. The time will come, patience is needed with this one.
Posted by ViperZ on :
Does anyone see this moving north anytime soon?
Posted by keithsan on :
Being a pink I'm worried the company dilluted shares before the acquisition, currently no way to prove this, just a hunch.
Posted by zoltan on :
Hey Keith i thought you never got into pinks! Posted by Peaser01 on :
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