This is topic OXFV Your thoughts ...could this be the BIG week?? in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Been holding this guy for 3 weeks and its done nothing so far. It has recently moved up from the pinks (or is still in transition). Could this finally be the breakout week after the long awaited transition to the Nasdaq BB?
Posted by prefect on :
Here's hoping I have also been in the for about a month. Down 56.4% thus far.
Posted by Patrick on :
Chart looks great over a 4 month span.
Posted by *Magnetic*Microspheres* on :
I'm still waiting on this one Patrick and the MM's B/A
Posted by Zacktrade on :
What does the company have going for it? I looked at their 10k and it's not a pretty sight.
Posted by Patrick on :
OXFV opened UP .0001 today and yesterday was up .0001 for the day.
I think we are finally starting to see something postive building. All that is needed is a little momentum behind it.
Posted by kywee on :
oxfv doesnt do jack, im glad i didnt buy a lot
Posted by Patrick on :
With the company being insolvent as of June 30, I think the move to the Nasdaq BB and obtaining the rights to xtreme games was a plan by managers to make OXFV more attractive for a possible merger or sale to another company.
How will this affect OXFV's stock?
Posted by t3achmehowtowin on :
LOL...so you dont have any actual evidence that you can show us?
Posted by Patrick on :
Here's my evidence which is stated in the company SEC filing as of June 30, under the heading financing.
Financing
"The Company has been unable to obtain adequate financing with which to pay its current and past due obligations, and therefore has decided to seek other business options including a merger with another Company. If no successful merger or other options are found, the Company's plans to turn control over to the major creditor.
Is this thing ever going to report a bid and ask?
Posted by Patrick on :
I believe the company is positioning itself for a merger or sale to another. Just my opinion.
As far as the no bid/ask pricing; if you list the stock symbol as OXFV.U, in streamline qoutes, it will list both, but not the volume.
Also, from the graph, this company seems to do very well around Christmas....lets hope we don't have to wait that long.
Posted by abefroman on :
Is OXFV the same as OXFV.u???
The PPS is way different
Posted by Patrick on :
According my broker it is...unless I miss-understood something.
I was told the following:
OXFV.V ....is pink sheets OXFV.U ....is Nasdaq OXFV ....is also Nasdaq
Posted by abefroman on :
I just tried to call Dan Leonard - the CEO and it sounded like it forwarded me to his cell phone. I didn't leave a message.
I can't seem to find there website address, but I am continuing to dig. I would like to know about the transition to nasdaq and about any news that may be coming out about it.
Posted by abefroman on :
Patrick - not sure if this has ever been posted, but this was an article I found back in March
CINCINNATI, OH -- (Market Wire - Mar 24, 2004) -- AXcess News (www.axcessnews.com) released a story covering several companies taking advantage of the lucrative multi-million dollar sponsorship programs associated with automotive racing.
Sponsorships are coveted by many of today's automotive suppliers whose logos and decals adorn both uniforms and equipment on every racetrack across America and have become a multi-million dollar business.
In a story published March 16 by AXcess News, a host of businesses were highlighted that were benefiting from the start of racecar season across America (See "Vroom$, It's NASCAR Season" http://www.axcessnews.com/business_031404.shtml). Two of those companies, Cintas Corporation (NASDAQ: CTAS) and Oxford Ventures, Inc. (OTC BB: OXFV), made announcements following that story prompting further news coverage.
Cintas, the No. 1 U.S. uniform manufacturer and "the preferred uniform" supplier to NASCAR, reported a 5% increase in revenue for the quarter and a 12.5% increase in earnings in comparison to the same period last year. Improvements were attributed to increased revenue in existing markets.
In fueling that growth, Cintas has moved into the lucrative sponsor arena in NASCAR racing, sponsoring Joe Gibbs Racing and Bobby Labonte as well as the official uniform for the Kentucky Speedway.
Oxford Ventures, which was also featured in our racing season story, announced Monday that it was developing a sponsorship strategy for its Xtreme Games racecar simulators being sold to sports grilles with high patron traffic in the $1 million and over range.
The Mesa, Arizona-based company manufactures and markets a full-sized racecar simulator, which was developed through its subsidiary, Xtreme Games. The racecar simulator was promoted recently at the Las Vegas convention for restaurant and bar owners (called "The Show") that according to the company drew great interest at The Show.
Last week Tuesday, Oxford announced that it was expanding its marketing tactic with bars and restaurants using a sponsorship theme. The company has a distribution agreement in place already with Lugnuts Marketing, LLC and looks to enter into sponsorship programs separate to Lugnuts distribution agreement.
In Tuesday's press release Dan Leonard, President of Oxford, said, "Although discussions are still in the infancy stage, we were made aware of several promising opportunities." Leonard went on to cite casinos as a potential theme sponsor, giving no indication of a pending order.
To read the rest of the story and see how these companies benefit from sponsorship programs go to http://www.axcessnews.com
About AXcess News:
Posted by abefroman on :
Listed as CFO - interesting Background
Victor G. Shaefer Director (as of December 8, 2003) ... Victor Schaefer has worked in the car business for more than 40 years, and is skilled in car dealership management, service management, and the development of cross-promotions with corporate partners. Previously, Schaefer was the general manager and partner of a Tempe, Ariz.-based Honda franchise, which ultimately was sold to the United Auto Group. Prior to this, he was general manager of a Mesa, Ariz.-based Nissan dealership, and subsequently opened an Acura franchise in the Phoenix area. In the early days of his career, Schaefer started as an automotive parts counterman for a large automotive parts distributor, where he became an expert at automotive part sourcing.
Mr. Schaefer has also attended numerous service and technical schools, including Dale Carnegie, Nissan, Acura and Honda Management Training
Posted by Patrick on :
abefroman
Yes, I ran across these articles 2-3 weeks ago amoung many others on Oxford Ventures.
My research shows that OXFV has a very committed and highly qualified management staff with an exciting product to market. Because of this, I think the company will be successful. When? This is the question.
The problem they have is stated in their financial report for 06/30/05, which I will list again.
"The Company has been unable to obtain adequate financing with which to pay its current and past due obligations, and therefore has decided to seek other business options including a merger with another Company. If no successful merger or other options are found, the Company's plans to turn control over to the major creditor.
Their problem currently, is lack of capital. I think they will either find a financial backer or merge with another company, because of a committed and vested management staff and a good product.
Please read the entire website I've given above to get the total picture.
Posted by *Magnetic*Microspheres* on :
MM finally on bid and ask; let's see what happens Posted by prefect on :
yeah it's about time...come on OXFV show your stuff!
Posted by Patrick on :
Finally, it's on the move.
Think we should start a new thread on this to alert other traders .... do you think we should let them in after we waited so long? I'll leave it up to someone else.
title it: OXFV....finally on the move!
Posted by Patrick on :
I hope it moves modestly over several days/weeks.
Fast moving stocks turn out, usually, to be pump and dump stocks...and they are often difficult to sell out of because of the high volatility.
Posted by *Magnetic*Microspheres* on :
B/A uptick printing .001 ; Patrick go ahead and make a new thread Posted by pick em low on :
burp..... still not enough volume.... under $10,000 traded a bunch of kids with $500 trades.... :-(
Posted by Patrick on :
I suspect it will take a while before investors wake up. Is Yahoo/mail down?
Posted by The Nice Guy on :
I like those stocks that re act to buying pressure. Some pinks trade million and million but you won't see a tick.
This one seems to fit my prefrence, along with PHBT.
I am not in. Good Luck to you guys.
Posted by abefroman on :
I do know pretend to know a lot about reading charts, but it looks like to me resistance is at .0009 and .0016 but no much after that. With some volume this should move (finally).
Again that is purely my opinion.
Posted by Patrick on :
Abefroman
The bid price (sell price) did make it to .0010 this morning....the ask was .0011. It has yet to break this barrier.
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