This is topic GVIS >>>.013 in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by Prdponce on :
 
rebounding
 
Posted by Prdponce on :
 
L2 looking good

Nice volume on the Pull down 2 days ago
 
Posted by Prdponce on :
 
.012 x .013
 
Posted by Prdponce on :
 
.0132 x .0135
 
Posted by Wagerboy on :
 
ok got in at .0135 let the fun begin. [Smile]

Eddie
 
Posted by Wagerboy on :
 
Any guesses where it ends up today?
 
Posted by djg7 on :
 
I got in at .0135. It's running .015 x .016 off bottom bottom bounce. Nice find prd.
 
Posted by djg7 on :
 
.016 x .0165.
 
Posted by Wagerboy on :
 
Keep going!!!
 
Posted by djg7 on :
 
.016 x .017!
 
Posted by Wagerboy on :
 
can it hit 20?
 
Posted by djg7 on :
 
MMs on .017 is getting thinner. .020 is not out of the question. IMO
 
Posted by djg7 on :
 
.017 x .018.
 
Posted by Wagerboy on :
 
i love your thinking.
 
Posted by djg7 on :
 
.019 x .02. We're there Wagerboy.
 
Posted by hbomb on :
 
.019x.02 Looks good...was .04 just last week
 
Posted by djg7 on :
 
Looks like this still has more steam.
 
Posted by Wagerboy on :
 
ooh my here it goes. well done, great find PRD!
 
Posted by djg7 on :
 
1 MM left at .02.
 
Posted by Wagerboy on :
 
im worried. can it go higher? im VERY new to this and on this stock today i made more then i did at my job in the last 2 weeks. any advise?
 
Posted by Wagerboy on :
 
stupid question DJG...what is a MM and where do you see this info?
 
Posted by Fuzzy1018 on :
 
PR, convertiable conversions stopped!


Press Release Source: GVI Security Solutions, Inc.


GVI Security Solutions, Inc. Restructures Debt
Monday October 9, 12:35 pm ET


CARROLLTON, Texas--(BUSINESS WIRE)--GVI Security Solutions, Inc. (OTCBB:GVIS - News), a leading provider of video security solutions featuring the complete Samsung Electronics line of products, today announced it had entered into agreements with Laurus Master Fund Ltd. to extend the repayment period of its term and revolving loans to December 31, 2007.

On October 4, 2006, GVI completed a $4.75 million private placement on terms previously announced. A final closing of a $250,000 investment on October 6, 2006 resulted in total gross proceeds from the private placement of $5.0 million.

In connection with the private placement, GVI entered into an Omnibus Amendment and Consent with Laurus, GVI's senior secured lender, pursuant to which Laurus consented to the issuance of the Convertible Notes in the private placement and agreed to amendments to GVI's loan agreements with Laurus under which:

Laurus's ability to convert GVI's debt into Common Stock has been eliminated;

The maturity date of all Laurus loans has been extended from May 24, 2007 until December 31, 2007;

All prepayment penalties have been eliminated;

Monthly principal payments of $152,083 each will be due under the Term Loan for the months of January 2007 through December 2007.

"Laurus has been a cooperative lender and partner while GVI has worked through its liquidity issues over the recent past and has stepped up once again by working with us to complete this funding. We can now focus on completing the turnaround of GVI and growing our core business," said Joe Restivo, CFO of GVI.

About GVI Security Solutions, Inc.

GVI Security Solutions Inc. is a leading provider of video surveillance security solutions to the homeland security, institutional and commercial market segments.
 
Posted by Fuzzy1018 on :
 
this will go up huge, read the news watch out above goin' back to .04 and above
 
Posted by djg7 on :
 
Wagerboy, MMs are market makers who set the price on pink sheet stocks. I get this info on L2s which shows every trade coming in.
 
Posted by Wagerboy on :
 
where can i see the L2's? Thanks from a noobie, DJG
 
Posted by djg7 on :
 
I get my L2s through power etrade. You get them for free if you make 30 trades per quarter. Check with your broker and ask about L2s.
 
Posted by Fuzzy1018 on :
 
.021 * .022
 
Posted by hbomb on :
 
L2's from Alphatrade. Real-time for PINKS and OTCBB's
 
Posted by djg7 on :
 
1 MM left at .022.
 
Posted by hbomb on :
 
22x23 Movin' fast
 
Posted by Fuzzy1018 on :
 
this one will be fun
 
Posted by EverGreen on :
 
just be careful

The securities sold in the offering consisted of Common Stock at a price of $.004 per share and 6% Convertible Promissory Notes convertible into Common Stock at a conversion price of $.004 per share. Upon the anticipated final closing of an additional $250,000 investment,
the Company will have issued 125,000,000 shares of Common Stock and $4,500,000 of Convertible Notes convertible into 1,125,000,000 shares of Common Stock.....

before RS there are these 125m to be sold
 
Posted by Wagerboy on :
 
this is more fun then sports betting, ill say that [Smile]
 
Posted by Fuzzy1018 on :
 
Evergreen, convertible conversions has been stopped, thats why we running
 
Posted by hbomb on :
 
"Laurus's ability to convert GVI's debt into Common Stock has been eliminated;

The maturity date of all Laurus loans has been extended from May 24, 2007 until December 31, 2007;

All prepayment penalties have been eliminated;

Monthly principal payments of $152,083 each will be due under the Term Loan for the months of January 2007 through December 2007."

From today's PR
 
Posted by Fuzzy1018 on :
 
exactly
 
Posted by Fuzzy1018 on :
 
this is huge news, we would've been up 100% by now if it wasn't columbus day imo
 
Posted by Wagerboy on :
 
why is it dropping now?
 
Posted by Fuzzy1018 on :
 
fillin' the gap, should go back up
 
Posted by hbomb on :
 
quote:
Originally posted by Wagerboy:
why is it dropping now?

MM's shaking out weak hands...we will run again EOD
 
Posted by Wagerboy on :
 
whew..thank you sir. ill hold then. You guys are great, really, thanks for all the info!

Eddie
 
Posted by hbomb on :
 
21x22 No one is selling!
 
Posted by Wagerboy on :
 
dropping...
 
Posted by hbomb on :
 
Don't worry...buy more here if you can
 
Posted by EverGreen on :
 
read carefully Friday PR and 8K

Laurus was the old CD

but the company has been bought by another company
and ... see above ...

anyway good luck


quote:
Originally posted by Fuzzy1018:
Evergreen, convertible conversions has been stopped, thats why we running


 
Posted by hbomb on :
 
quote:
Originally posted by EverGreen:
read carefully Friday PR and 8K

Laurus was the old CD

but the company has been bought by another company
and ... see above ...

anyway good luck


quote:
Originally posted by Fuzzy1018:
Evergreen, convertible conversions has been stopped, thats why we running


CARROLLTON, Texas--(BUSINESS WIRE)--

"GVI Security Solutions, Inc. (OTCBB:GVIS), a leading provider of video security solutions featuring the complete Samsung Electronics line of products, today announced it had entered into agreements with Laurus Master Fund Ltd. to extend the repayment period of its term and revolving loans to December 31, 2007"
Notice that they have entered into an agreement with Laurus. They were not sold...
 
Posted by The Bigfoot on :
 
gap filled.

.018/.02
 
Posted by Fuzzy1018 on :
 
.019/.02
lets go
 
Posted by The Bigfoot on :
 
.019/.02
 
Posted by hbomb on :
 
.019x.02 EOD run coming around 3:45
 
Posted by Wagerboy on :
 
hbomg, I really hope your right, i lost alot.
 
Posted by hbomb on :
 
quote:
Originally posted by Wagerboy:
hbomg, I really hope your right, i lost alot.

Not unless you already sold. It's not a loss until you hit "sell".
 
Posted by Fuzzy1018 on :
 
mm's not filling above last price, wow
 
Posted by Wagerboy on :
 
quote:
Originally posted by Fuzzy1018:
mm's not filling above last price, wow

what does that mean??
 
Posted by hbomb on :
 
Hmmmmm....
 
Posted by Fuzzy1018 on :
 
no one selling?
 
Posted by The Bigfoot on :
 
.019/.021
 
Posted by Fuzzy1018 on :
 
finally
 
Posted by Prdponce on :
 
run to EOD... hopefully

Riding free
 
Posted by hbomb on :
 
.02x.021
 
Posted by Wagerboy on :
 
can it goto 24?
 
Posted by Wagerboy on :
 
vol not moving at all.
 
Posted by Fuzzy1018 on :
 
i bailed
 
Posted by Wagerboy on :
 
i lost all profit. ill dump tomorrow. what a shame.
 
Posted by hbomb on :
 
Closed at .0019 No one would sell at the close...should be good tomorrow.
 
Posted by Wagerboy on :
 
17 bid [Frown] lets hope tomorrow is good.
 
Posted by hbomb on :
 
Don't dump tomorrow...should get back to .024 easily
 
Posted by Wagerboy on :
 
lets hope so my friend...any other stock tips for tomorrow? i need a big gain.
 
Posted by Schwabie on :
 
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Press Release Source: GVI Security Solutions, Inc.


GVI Security Solutions, Inc. Solidifies Samsung Distributorship Through 2010
Tuesday October 10, 8:00 am ET


CARROLLTON, Texas--(BUSINESS WIRE)--GVI Security Solutions, Inc. (OTCBB:GVIS - News), a leading provider of video security solutions featuring the complete Samsung Electronics line of products, today announces the new distributor ship agreement with Samsung through December 31, 2010.
ADVERTISEMENT





On October 2, 2006, GVI entered into a Distributorship Agreement with Samsung Electronics Co. Ltd., under which GVI will continue to distribute Samsung's complete line of professional video surveillance and security products in North, Central and South America with an extended term through December 31, 2010. Pursuant to the Distributorship Agreement, Samsung has agreed to a limited non-compete in GVI's territory. The Distributorship Agreement provides for revised minimum annual purchase amounts in addition to other obligations that must be met by GVI in order to retain the Distributorship with Samsung.

On October 4, 2006, GVI completed a $4.75 million private placement on terms previously announced. A final closing of a $250,000 investment on October 6, 2006 resulted in total gross proceeds from the private placement of $5.0 million.

"We are very pleased with our agreement and our longstanding relationship with Samsung. Samsung's product line continues to expand and is very competitive," said Steve Walin, CEO of GVI.

About GVI Security Solutions, Inc.

GVI Security Solutions Inc. is a leading provider of video surveillance security solutions to the homeland security, institutional and commercial market segments.

Forward Looking Statements:

Some of the statements made by GVI Security Solutions, Inc. in this press release are forward-looking in nature. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may differ materially from those expressed or implied by the statements herein. GVI Security Solutions, Inc. believes that its primary risk factors include, but are not limited to: reliance on primary supplier; effective integration of recently acquired operations and personnel; expansion risks; effective internal processes and systems; the ability to attract and retain high quality employees; changes in the overall economy; rapid change in technology; the number and size of competitors in its markets; outstanding indebtedness; law and regulatory policy; the mix of products and services offered in the company's target markets; and other factors detailed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-KSB for the year ended December 31, 2005 currently on file, as well as the risk that projected business opportunities will fail to materialize or will be delayed.


Contact:
For GVI Security Solutions
Esra Kahraman, 972-245-7353

--------------------------------------------------------------------------------
Source: GVI Security Solutions, Inc.
 
Posted by hbomb on :
 
Excellent news...also watch GMSC and CHNW
 
Posted by Wagerboy on :
 
thanks for the news
 
Posted by hbomb on :
 
.022x.023
 
Posted by tompom on :
 
i`m in at .02
 
Posted by hbomb on :
 
.023x.024
 
Posted by The Bigfoot on :
 
.024 printed
 
Posted by tompom on :
 
looking great
 
Posted by The Bigfoot on :
 
Knocking on yesterday's wall already.

L2's anyone?

TXIA
 
Posted by hbomb on :
 
.023x.024
.022x.024
.022x.025
 
Posted by The Bigfoot on :
 
215k at .024.

Cover your ears. That wall is about to crumble. LOL
 
Posted by djg7 on :
 
Buys coming in at .024. Let's break through this wall.
 
Posted by hbomb on :
 
Wall at .24 is tough...may take more than one attempt to break it.
 
Posted by Wagerboy on :
 
would you buy more now? or no?
 
Posted by The Bigfoot on :
 
Sit on it until it cracks the wall. Once it proves it can...your choice.
 
Posted by Wagerboy on :
 
im sorry, i dont know the lingo...what is cracking the wall mean?
 
Posted by djg7 on :
 
Here's a dip to fill the gaps. .024 could be tough to break. I got in yesterday at .0135.
 
Posted by djg7 on :
 
Wagerboy, a wall refers to a point of resistance. Breaking the wall means going through the point of resistance.
 
Posted by Wagerboy on :
 
i went in for 50k more at .021 lets hope this wall crumbles [Smile]
 
Posted by djg7 on :
 
We're at the .024 wall again.
 
Posted by tompom on :
 
let´s break through now!
 
Posted by hbomb on :
 
22x24 2x1
 
Posted by Wagerboy on :
 
i got 0221
 
Posted by djg7 on :
 
let's hope the bid goes to .023. Then this will get intersting.
 
Posted by hbomb on :
 
Up the bid...
 
Posted by Wagerboy on :
 
hbomb- what is 2x1 mean?
 
Posted by djg7 on :
 
hbomb, I think we're on the same wavelength.
 
Posted by The Bigfoot on :
 
He meant there are:

2 MM's at .022 on Bid
1 MM at .024 on Ask

This is relevant cause it shows where buying pressure is at right now. It is also relevant because we had 2 MM's at .024 a little bit ago which says that wall is becoming thinner and (hopefully) easier to break as long as pressure continues.
 
Posted by hbomb on :
 
quote:
Originally posted by Wagerboy:
hbomb- what is 2x1 mean?

2 MM's on the bid and one on the ask
 
Posted by hbomb on :
 
23x24 2x1
 
Posted by tompom on :
 
allright !
bid is building, let´s roll...
 
Posted by Wagerboy on :
 
thanks hbomb, trying to learn. here comes the wall...
 
Posted by tompom on :
 
somebody should hit the ask now....
 
Posted by hbomb on :
 
Tough nut to crack at 24...but when it goes this should fly
 
Posted by Wagerboy on :
 
i did. .24 25k
 
Posted by hbomb on :
 
Showing 18500 at .024
 
Posted by Wagerboy on :
 
not filled. i wonder why? thanks BOA
 
Posted by hbomb on :
 
partial fill?
 
Posted by Wagerboy on :
 
yes, says 15K
 
Posted by tompom on :
 
they are dipping it now...
we need more volume to break .024
 
Posted by Wagerboy on :
 
great, now its sliding.
 
Posted by tompom on :
 
i´m trying to add here at .021 but i´m not getting filled...
 
Posted by The Bigfoot on :
 
A lot of masking going on if you can't get filled at ask.
 
Posted by Wagerboy on :
 
i got 15k at .24 and rest wouldnt fill. i cancelled.
 
Posted by tompom on :
 
no f.... chance!
what do you have to do here to get shares??
 
Posted by tompom on :
 
i´m bidding .022 now and won´t get any...
 
Posted by Wagerboy on :
 
what is masking?
 
Posted by tompom on :
 
quote:
Originally posted by Wagerboy:
what is masking?

i guess he means fake bids or asks...in this case fake asks
meanwhile someone got filled at .022, but it wasn´t me
i´m still bidding .022 with no fill...
 
Posted by tompom on :
 
finally got filled
 
Posted by Wagerboy on :
 
here we go boys and girls [Smile]
 
Posted by Wagerboy on :
 
265 x 269 anyone buying?
 
Posted by Prdponce on :
 
HOD .0265 :-).
 
Posted by tompom on :
 
hehe
right on!
 
Posted by Wagerboy on :
 
i cant believe no one is talking with this type of action going on...im excited!!!
 
Posted by Wagerboy on :
 
where do you think it ends up today? any good guesses? Im poor and have a great return on this one [Smile]
 
Posted by tompom on :
 
i´m looking for an exit already, gotta lock profits here
 
Posted by Wagerboy on :
 
where did you get in? i bought 4 times, low .133 high 241
 
Posted by tompom on :
 
in at .02 and .022
out at .029
looking to re-enter around .022
 
Posted by Wagerboy on :
 
im on phone with BOA now..they locked my acct. something about "free riding" I cant do nothing until oct 14th. i cant believe this.
 
Posted by The Bigfoot on :
 
You been playing and selling with unsettled funds wagerboy?
 
Posted by Wagerboy on :
 
i suppose so, the guy at the bank told me they sweep loses and gains, boa investments says i dont have that type of acct. i have to pay a bunch of fines and banned.
 
Posted by hbomb on :
 
Damn...you need a margin account and, even then, you can only do 4 round trips in 5 days unless you have over $25,000 in your account. BTW I got out at .028. Look to re-enter on a dip.
 
Posted by Wagerboy on :
 
let me ask you guys, you might know...I started with $1000 buy, in the last 8 days Ive made just about 5K. The guy is telling me with fines and such, ill probably lose everything plus my starting $1000. Is this correct? what a heartbreaker this is, I guess I should have read a few books first and not trusted the bank guy that made his $2 to set up my acct and lie to me. thanks for any advise you can give. when this is over ill move to a margin acct with choicetrade, its already set up (if i have any money left)
 
Posted by The Bigfoot on :
 
Sounds like big old bull to me WB. Speak to a manager and be very unhappy that this rep didn't tell you of any of this when he set up the account for you. That said, it does sound like you may have violated some trading rules. However...losing all you capital because of it? Don't accept that as an answer. Investigate.

This stocks seems to be hitting it's head at .029 today. Think we can break or is it the glass ceiling?
 
Posted by The Bigfoot on :
 
Oooooooooooooone is the loneliest number that you've ever seeeeeeeen.

Aaaaaaaaaaall bbbbbbbbbbbbbbby mmmmmmmmmyse-e-elf. Dont wanna be..Aaaaaaaaaaall bbbbbbbbbbbbby mmmmmmmmmmmmmyself...Anymoooooore!
 
Posted by The Bigfoot on :
 
.028/.029

Lets give her another go!
 
Posted by djg7 on :
 
.028 x .029! 5 MMs at .029.
 
Posted by The Bigfoot on :
 
Hey djg! Good to see ya. Thought for a second y'all had disappeared while I was at lunch.

Bid slippage but if ask can hang tight it should start to firm up.

I'd love to hit .03 today. That ought to bring some new eyes for Wednesday.

Bf
 
Posted by djg7 on :
 
Bigfoot, This just continues to climb. .03 would be great. I'm holding for a while as I entered at .0135. Are you from Minnesota?
 
Posted by The Bigfoot on :
 
LOL I'm from all over man. I'm the Bigfoot! [Big Grin]

But ya, me and Mrs. Foot base outta St. Paul.
 
Posted by djg7 on :
 
I'm an Iron Ranger where men are men and sheep are nervous.
 
Posted by tompom on :
 
quote:
Originally posted by The Bigfoot:
Oooooooooooooone is the loneliest number that you've ever seeeeeeeen.

Aaaaaaaaaaall bbbbbbbbbbbbbbby mmmmmmmmmyse-e-elf. Dont wanna be..Aaaaaaaaaaall bbbbbbbbbbbbby mmmmmmmmmmmmmyself...Anymoooooore!

lol, you crack me up buddy!
 
Posted by The Bigfoot on :
 
Good country up there. We try to get around once every year or two to the Gunflint and round about.

You round the Ely area then?
 
Posted by The Bigfoot on :
 
Welcome back Tompom...just checkin in?
 
Posted by The Bigfoot on :
 
No trading in a half an hour...but even more important...no budging on the ask for over half an hour!

Ha! Of course as I write this a trade goes thru.
 
Posted by The Bigfoot on :
 
Ha! And as I write THAT we move up again.

.028/.029 BABY Bring us an EOD run!!!
 
Posted by djg7 on :
 
No, just west of Hibbing. BTW we're at .028 x .029 approaching HOD.
 
Posted by tompom on :
 
i was expecting a lunchdip to get back in
still watching from the sidelines
looks really good for you guys!
i´m playing CSHD meanwhile
 
Posted by The Bigfoot on :
 
Sure, I guess Ely would be a littie too far north wouldn't it.

Just can't break that .029 right now. Maybe EOD or maybe tomorrow but I don't think this one is done yet.

Gotta duck for a bit.

Bigfoot
 
Posted by The Bigfoot on :
 
600k already traded and we broke .029 for a bit there this morning. Lets have another green day here!

BF
 
Posted by The Bigfoot on :
 
bid creeping up .024/.025 lets get it going.
 
Posted by The Bigfoot on :
 
30 minutes no trade and ask is strong.

Come on buyers...bite the apple...give us a .025.

BF
 
Posted by The Bigfoot on :
 
A couple of up ticks and we are back at .025/.026 after a low of .022.

Looks like we have our feet back under us.

BF
 
Posted by The Bigfoot on :
 
.028/.029!
 
Posted by The Bigfoot on :
 
.027/.029

Bid backed off a bit but all orders on ask so far.

Some good hits there. If we can continue pressure we should see 3's on the board this afternoon.
 
Posted by Wagerboy on :
 
I hope this stays up until at least tomorrow. Can we break .030?
 
Posted by Wagerboy on :
 
the fact that no one is in this thread scares me to death.
 
Posted by The Bigfoot on :
 
Wagerboy,

Sorry,been watching other things today since there has been little movement in this one. I decided to let this one go at .026. It's hanging tough in the .02+ but the momo is slowing. So I have moved on.

Also been reviewing all the different conversion stuff that was posted earlier in regards to the funding and all and it left me with some things I didn't quite understand. I don't like it when that happens and don't hold a stock until it makes itself clear.

Did you and your Bank find a mutual agreement? I think you said you needed to hold til the 17th right?

Good Luck bud,

I'll check in on ya later,

The Bigfoot
 
Posted by Wagerboy on :
 
Hey BF-

Thanks for asking. I put up all the money for the stocks I hold right now, I must hold onto them for 3 biz days, which is tomorrow. At some point tomorrow, I may sell them off and claim a profit, however, I must pay fines for buying and selling the same securities 10 times in 2 days without a margin acct. Now I know, I just hope I dont lose that much money, as the other stock I hold is down like 45% since I bought it and this one is dropping so fast, Im nervous. If anything, Ive learned to not just jump into anything. When this settles tomorrow, Ill fund a margin acct and be playing with you guys again hopefully Monday [Smile] GL with your day today.

Eddie
 
Posted by The Bigfoot on :
 
You too WB,

Sorry you got slapped in the face with the rules.

Hopefully it won't kick your a$$ too much.

I think you've already found it but the General Investing for Newbies forum is a wealth of information.

Maybe take a week off once you sell while you are getting everything sorted out with the bank and just read and ask questions.

Well, you have a good one and I'll see ya around the boards.

BF
 


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