This is topic ATLJ News Out : No Dillution! in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/026606.html

Posted by Uncle Smelly on :
 
Couldn't find the ATLJ thread so here you go, great buy opp right now has been beaten down on fears that have now been alleviated:

Asia Telecom Ltd. Shareholder Update
Thursday March 8, 1:30 pm ET


NEW YORK, NY--(MARKET WIRE)--Mar 8, 2007 -- Asia Telecom Ltd. (Other OTC:ATLJ.PK - News) is proud to announce that the Company has been listed on the Frankfurt Stock Exchange (http://deutsche-boerse.com) under the trading symbol HZK.F (Frankfurt:HZKF.F - News).
ADVERTISEMENT


The Company would also like to allay the concerns of its shareholders by re-stating its commitment to increasing the net worth of the company and enhancing share value.

CEO Ayaz Karimov stated: "There has been no further dilution in the share structure of the Company. Our Company has not amended or restructured its share structure since January 2007 and there are no plans to do so, especially since our Company is planning to become a fully reporting issuer and this process could take several months."

A more formal update on the various projects and initiatives undertaken by the Company is expected before the end of Q1-2007 (March 31st).

About Asia Telecom Ltd.

Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.

Safe Harbor Statement

The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.


Contact:
Contact:
Asia Telecom, Ltd.
Mike Palmer
Tel: (646) 415-8549
Email: atljinfo*yahoo.com
 
Posted by Bawz2wawz on :
 
I'm in.

No dilution & no change in share structure. And no plans to dilute in the future! All per CEO.

500 mil AS, 325 mil OS, 42 million in revs. Can you say slightly undervalued????
 
Posted by lostone on :
 
i'm in too.. looks good at this level.. hope for that easy 50-100%
 
Posted by bullpicks6 on :
 
can't beat that, a pinkie trying to do the right thing...I'm in
 
Posted by casviper on :
 
where do you see the 42 million in revenues?
 
Posted by Bawz2wawz on :
 
Looks like SBSH & NITE are shorting the crap out of it. Freakin theives!
 
Posted by casviper on :
 
If 42 million in rev's is correct than the pps should be .13 at the very least.
 
Posted by Bawz2wawz on :
 
Read the January pr's, heres one


http://biz.yahoo.com/iw/070108/0200544.html
 
Posted by casviper on :
 
Thats a joint venture with another company at a rev income of 30 mill. I wonder what the split will be? also that is future earning not past/present. The pps is falling I guess there is alot of short selling, which I think should be illegal with stocks.
 
Posted by mindspin311 on :
 
Got in at .0035
Looks good
 
Posted by casviper on :
 
its currently .0033 and falling. I bought last week at a higher price and have had a loss since.
 
Posted by IMAKEMONEY on :
 
ATLJ -- Asia Telecom, Ltd.
Com (No Par)
Search for Dun & Bradstreet reports on this company.

Address:
7357 Woodbine Avenue
Suite 331
Markham, ONT L3R 6L3
CAN


Phone: 646-415-8549


Business Description:
voip telecommunications company operating in Central Asia and Eastern Europe

Primary State of Incorporation: California


Country of Incorporation: USA


Officers:
Ayaz Karimov, President/CEO

Outstanding Shares: 325,112,508 as of 2007-01-30

Estimated Market Cap: 1.463M as of 2007-03-07 (based on Outstanding Shares as of 2007-01-30)
Authorized Shares: 500,000,000 as of 2007-01-30


Current Capital Change:
shs decreased by 1 for 1000 split
Ex-Date:
Record Date:
Pay Date: 2006-04-04

Dividends:

Company Notes:
Formerly=Jalate, Ltd. until 4-06


Transfer Agent:
Select American Transfer Co., Toronto, ON M2N 7G2
52 WEEK HIGH $50.00 [Eek!] [Eek!] [Eek!] ATLJ -- Asia Telecom, Ltd.
Com (No Par)


COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Asia Telecom Ltd. Shareholder Update
Mar 8 2007 2:31PM ET
*********.com: Speak with other shareholders about: (Pink Sheets: ATLJ), (OTC BB: GNLM), (OTC BB: UPDA)
Mar 5 2007 12:30PM ET
momoplays.com: momoplays.com: MOMENTUM ALERT !!!!! momoplays.com is pleased to announce that our latest pick Asia Telecom Ltd ( ATLJ : OTC ) is off and running. With the current news we feel that the potential for gains is huge..GOT STOCK???
Mar 5 2007 10:49AM ET
WallStreetGrapevine.com: "Stocks on the Rise- ATLJ, GNLM, UPDA"
Mar 5 2007 10:27AM ET
momoplays.com: MOMENTUM ALERT !!!!! momoplays.com is pleased to announce that our latest pick Asia Telecom Ltd ( ATLJ : OTC ) is off and running this am. We initially alerted at .06 and the stock is already plowing through the .07s. We feel that in light of recent news, this stock has the...
Mar 2 2007 11:59AM ET
Asia Telecom Ltd. Announces Intention to Become a Reporting Issuer
Mar 2 2007 10:50AM ET
WallStreetGrapevine.com: "Stocks on the Rise- ATLJ, NFEI, ETIM"
Mar 2 2007 10:31AM ET
Asia Telecom Ltd.: Asia Telecom Ltd. announces intention to become a reporting issuer
Mar 2 2007 4:53AM ET
redhotpennystock.com: BIGN, TQWD, WHKA GBDX, ATLJ "Red Hot Penny Stock Alert"
Feb 26 2007 12:34PM ET
WallStreetGrapevine.com: "Stocks on the Rise- ATLJ, NFEI, WWAT"
Feb 26 2007 11:26AM ET
 
Posted by mindspin311 on :
 
bounced back to .004 [Smile] [Smile] [Smile]
 
Posted by mindspin311 on :
 
0045x0046

This is going all the way to a penny IMO [Smile] [Smile]
 
Posted by Fuzzy1018 on :
 
insane buying pressure here
 
Posted by mindspin311 on :
 
And out at 0046. Nice little profit [Smile]
 
Posted by Fuzzy1018 on :
 
hit .005
 
Posted by mindspin311 on :
 
Damn.. figured it peaked. Maybe I shoulda stayed with my .005 order when it started to plateau.

Oh well... glta that still have this [Smile]
 
Posted by bullpicks6 on :
 
This one still has a ways to go, should be some good flips in the meantime
 
Posted by Bawz2wawz on :
 
weeeeeeeeeeeee!!! This has a ways to go IMO. Severly undervalued, float I believe to be a little over 200 mil and we've almost turned that this week alone!
 
Posted by kt325ci on :
 
quote:
Originally posted by lostone:
i'm in too.. looks good at this level.. hope for that easy 50-100%

I'm this too. Seems like a no brainer
 
Posted by Fuzzy1018 on :
 
.005 break will be big imo
 
Posted by Fuzzy1018 on :
 
.005 falling
 
Posted by Fuzzy1018 on :
 
gone .0055 getting hit
 
Posted by Uncle Smelly on :
 
Holy Crap, did your Ol' Uncle Smelly finally make a good call here, lol!

Fun times, rumor's on IBub of more PR's next week.
 
Posted by mrinos on :
 
http://stockcharts.com/h-sc/ui?s=ATLJ&p=D&b=5&g=0&id=p58833968146
 
Posted by Fuzzy1018 on :
 
.006
 
Posted by PCola77 on :
 
nice call guys. I opted to stay out, as we all know how trustworthy these guys are... Looks like I missed the momo, if nothing else.

Good luck!
 
Posted by lostone on :
 
quote:
Originally posted by kt325ci:
quote:
Originally posted by lostone:
i'm in too.. looks good at this level.. hope for that easy 50-100%

I'm this too. Seems like a no brainer
50+% already! nice.. too bad i only put in couch change on this one... lol.. i can go buy myself an icecream cone now.. [Wink]
 
Posted by IMAKEMONEY on :
 
FUN FUN FUN!!
 
Posted by bobcat88 on :
 
been in for a week at 63 was hoping it would come back around.
 
Posted by Bawz2wawz on :
 
Big gappage on the morning in IMO!
 
Posted by kt325ci on :
 
yep...should be a very hefty gap up
 
Posted by lukin4winners on :
 
That news was a great confirmation of what was expected from this company. Not often do you get full disclosure from a pink sheet stock. I think this will help this one to move to the next level sooner than expected. Looking for entries at cheap levels here.
 
Posted by bullpicks6 on :
 
I think we keep moving today
 
Posted by Fuzzy1018 on :
 
good buy opp here imo
 
Posted by Fuzzy1018 on :
 
lets break through .005 already
 
Posted by mrinos on :
 
Been watching, holding up very well, however no buys for a while. Volume has been at 20.42 mil for awhile now.
 
Posted by mrinos on :
 
Holy mother .05!!!
 
Posted by bobcat88 on :
 
Thought it would have run by now?
 
Posted by kt325ci on :
 
It rebounded nicely after a dip again today. Sitting back at .0055
 
Posted by mrinos on :
 
looks like it will either be eod run or bounce on Monday. Holding too strong to be worried though
 
Posted by kt325ci on :
 
agreed. Holding up very well
 
Posted by Bawz2wawz on :
 
Supposed to be some nice news out this week. Break .009 and this goes real big, IMO.
 
Posted by kt325ci on :
 
I think we see .01 before the month is over.
 
Posted by lukin4winners on :
 
Asia Telecom Ltd.: Asia Telecom Ltd. Sets The Record Straight

Mar 12, 2007 (M2 PRESSWIRE via COMTEX) -- Asia Telecom Ltd. Sets The Record Straight
Asia Telecom Ltd. (Other OTC: ATLJ.PK) (Frankfurt Stock Exchange: HZK.F) would like to clarify the concerns of numerous shareholders over the share structure of the Company.

The Company's share structure is as follows:

Authorized Shares: 500,000,000 Outstanding Shares: 325,112,508

Vice President, Mike Palmer stated: "We felt it necessary to advise our shareholders once again that the information available concerning our share structure is true and accurate. Having said this, we are anticipating that our current and upcoming projects will result in earnings of $0.01 per share or better."

About Asia Telecom Ltd.

Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
 
Posted by Bawz2wawz on :
 
AWSOME!! .01 a share not even figuring a multiplier! Hello, anybody home??? See ya at .10!
 
Posted by Bawz2wawz on :
 
Float only 200 million and that was just turned last week! No brainer here, IMO
 
Posted by lostone on :
 
that PR hasn't even appeared on ATURD.. damn TDA
 
Posted by Fuzzy1018 on :
 
looking good today .0055/.006
 
Posted by Fuzzy1018 on :
 
lets break that .006
 
Posted by kt325ci on :
 
it's going to be tough to break. I've been slapping it but ran out of fire power.
 
Posted by dacollecter on :
 
We need news to get that push to break .006 imo.
 
Posted by kt325ci on :
 
give us some financials and I'm sure it won't be a problem
 
Posted by kt325ci on :
 
U.S. Azerbaijan Chamber of Commerce : Asia Telecom Announces Project Update in Azerbaijan

Asia Telecom Announces Project Update in Azerbaijan

03/12/2007

In Q4 2006, the Internet service provider (ISP), a division of Asia Telecom Ltd., began the construction of its own data transmission network and placement of DSLAM equipment for the assignment ADSL (Broadband) services in Baku city, Azerbaijan, according to Asian Telecom press release. As of the end of Q4 - 2006, the company has laid a significant portion of the planned 200 km of fiber-optical cable. The completion of this project is scheduled for the end of February 2007.

CEO Ayaz Karimov stated: "This initiative in Azerbaijan, and others like this, will serve to solidify our position as a significant player in the Central Asian market for dial-up, ADSL and related services."

The Internet service provider (ISP) division of Asia Telecom Ltd. commenced operations in June 2005. It is a provider of dial-up and ADSL services in the territory of Azerbaijan. This division today manages at least 18% of the dial-up market in Azerbaijan and recently began providing ADSL (Broadband) services in Q4 of 2006.

http://www.usacc.org/news.php?nid=734&cid=0
 
Posted by dacollecter on :
 
Sounds good, hopefully we gap up tomorrow.
 
Posted by Bawz2wawz on :
 
Huh???? Gap up??? we closed at low of day!

I don't know what the hell is going on here but MM's are holding this back. I mean come on, they repeatedly keep stating that the share structure is the same and there not diluting! Earnings alone value the oustanding shares at .01 or better! Factor in a multiplier and this should be trading between .05-.10!

Don't know whats going on here other than MM's being there normal crooked self and SBSH seems to be the worst one. Probably shorted the crap out of this is all I can come up with. Rediculous!
 
Posted by Uncle Smelly on :
 
It really is silly, I mean come on what is it going to take for this to move back up over .01? I'm really starting to think, looking at this and some other stocks that the MM's are just naked shorting or manipulating the entire Pink market to oblivion.

We really need to get rid of these human MM's, and get an electronic system based on supply and demand. I still think ATLJ has a chance, but the MM's really don't want her going over .006.

Why wouldn't the MM's just buy millions of shares and run this to .05? I mean it really seems like an awful lot of work for these silly .002 ticks either way.
 
Posted by Bawz2wawz on :
 
Wow, looks like this pig is being manipulated to death. Supposed to be more news this week per the VP. He'd better stick to his word and it better be good or SBSH will continue to own this, IMO
 
Posted by bullpicks6 on :
 
yesterday looked like a bottom, ready to go here today
 
Posted by Bawz2wawz on :
 
Looking stronger today, trying to take out .0045 now but good ole SBSH & NITE parked there. Crucial to break 45 today IMO
 
Posted by mrinos on :
 
chart looks very promising
http://stockcharts.com/h-sc/ui?s=ATLJ&p=D&b=5&g=0&id=p89654517684
 
Posted by Abe Smith on :
 
looks like its at bottom here ill keep it on radar
 
Posted by Bawz2wawz on :
 
Another green close, no matter how much is crucial. Still supposed to have more news this week so they better come through or I'm gone.
 
Posted by bullpicks6 on :
 
more news on the way, holding, patients is a virtue
 
Posted by Bawz2wawz on :
 
Chart is primed for a reversal here but think it will need some meaty news to help kick start it. Don't let us down Palmer, be a man of your word and give us some good news tomoorrow!
 
Posted by mrinos on :
 
certainly hope it does rise in price as I am in and waiting patiently,,,,,
 
Posted by lukin4winners on :
 
News out 3/16/07":
Asia Telecom Ltd. Shareholder Update
Mar 16, 2007 9:15:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 03/16/07 -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) (FRANKFURT: HZK) would like to announce that the Company has applied for a new CUSIP number and will be seeking a symbol change. The Company has ordered the NOBO list as the company seeks to help shareholders find answers to naked short selling.

Vice President Mike Palmer stated: "This is one more attempt made by our Company to reflect the desire to preserve share value for our shareholders."
 
Posted by mrinos on :
 
turning around - long tail doji, volume hod .039
http://stockcharts.com/h-sc/ui?s=ATLJ&p=D&b=5&g=0&id=p31684595595
 
Posted by mrinos on :
 
ATLJ now at .0044
 
Posted by bobcat88 on :
 
Let it run!
 
Posted by mrinos on :
 
nothing really holding it back until about .006
 
Posted by lostone on :
 
damn, i just sold it at .0038 could have gotten for a little more..
 
Posted by mrinos on :
 
well, .004 ain't too far away from .0038....
 
Posted by bullpicks6 on :
 
I dont' know why people are already selling...oh well...
 
Posted by mrinos on :
 
seems like the only way to go is north....
 
Posted by Bawz2wawz on :
 
quote:
Originally posted by lostone:
damn, i just sold it at .0038 could have gotten for a little more..

Where did you buy at? Why sell so low right when it was making its run??? Probably whacked the bid too.
 
Posted by lostone on :
 
bouoght at .0036 didn't wack too much bid was at .0038
 
Posted by bobcat88 on :
 
.0045 but low volume, MM's trying to bait?
 
Posted by mrinos on :
 
holding up pretty well today. I am still in.
 
Posted by ClayN on :
 
ATLJ (.0042) Asia Telecom Ltd. Project Update

Market Wire "US Press Releases "

NEW YORK, NY -- (MARKET WIRE) -- 03/23/07 -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) (FRANKFURT: HZK) would like to announce that the Company has finished laying all fiber optical cable as stated in its Press Release on January 29, 2007.

The Company also plans to open a number of offices in Central Asia and Eastern Europe and will advise its shareholders of these openings as they occur.

About Asia Telecom Ltd.

Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.

Safe Harbor Statement

The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

CONTACT:

Mike Palmer
Vice President
Asia Telecom, Ltd.
Tel: 646 415 8549
E-mail: atljinfo*yahoo.com
 
Posted by bobcat88 on :
 
WOW! No fluff there.
 
Posted by bobcat88 on :
 
ATLJ flagged for rule 3210 http://www.nasd.com/RulesRegulation/NoticestoMembers/2006NoticestoMembers/NASDW_ 016719

SEC Approves New Rule 3210 Applying Short Sale Delivery Requirements to Non-Reporting OTC Equity Securities; Effective Date: July 3, 2006
Executive Summary

On April 4, 2006, the Securities and Exchange Commission (SEC) approved new Rule 3210, Short Sale Delivery Requirements, which applies short sale delivery requirements to those equity securities not otherwise covered by the delivery requirements of Regulation SHO, namely non-reporting OTC equity securities.1 Rule 3210, among other things, requires participants of registered clearing agencies to take action on failures to deliver that exist for 13 consecutive settlement days in certain non-reporting securities. In addition, if the fail to deliver position is not closed out in the requisite time period, a participant of a registered clearing agency or any broker-dealer for which it clears transactions is prohibited from effecting further short sales in the particular specified security without borrowing, or entering into a bona-fide arrangement to borrow, the security until the fail to deliver position is closed out.


Rule 3210, as adopted, is set forth in Attachment A of this Notice. Also included in this Notice is information about the list of non-reporting securities that meet the requirements of Rule 3210 ("Rule 3210 Threshold Securities List") that NASD will publish. The rule becomes effective on July 3, 2006.


Questions regarding this Notice may be directed as follows: for questions regarding Rule 3210, contact the Legal Section, Market Regulation, at (240) 386-5126; or Office of General Counsel, Regulatory Policy and Oversight, at (202) 728-8071. For questions regarding the Rule 3210 Threshold Securities List, contact NASD Operations at (866) 776-0800.


1 See Securities Exchange Act Release No. 53596 (April 4, 2006), 71 FR 18392 (April 11, 2006) (File No. SR-NASD-2004-044).
 
Posted by Bawz2wawz on :
 
Damn, this POS! Wierdest trading stock I've ever seen. This thing jumps around on air. If we ever get any kind of buying pressure at all, this will move easy.
 
Posted by Bawz2wawz on :
 
TA is ungagged, check this out!

http://www.investorshub.com/boards/read_msg.asp?message_id=18261135
 
Posted by lukin4winners on :
 
ATLJ breaking out .0048 hod which is resistance then .005 and moonshot after..
 
Posted by a surfer on :
 
sure is moving!
 
Posted by Bawz2wawz on :
 
This should have no problem busting .005 today, haven't had volume like this in ages!
 
Posted by Bawz2wawz on :
 
F'n whackers, always get them after a little stall
 
Posted by Bawz2wawz on :
 
ask is soooo so thin. Buying comes back in this afternoon this is gonna go up easy!
 
Posted by kt325ci on :
 
closed at .0046 on 41.5 million in volume. Not to shabby.
 
Posted by Bawz2wawz on :
 
SBSH about to eat it. Its so obvious he shorted the pizz out of this and been trying to cover. They tried to keep the big spread on to deter buyers but it isn't working anymore. Today is just what this stock needed & SBSH is about to take it up the azz! Chart looks sweet and finally broke the upper trend line. Looking good for a nice move up, IMO
 
Posted by Bawz2wawz on :
 
Moving up pre-market! Sounds like E-turd lifted restrictions!
 
Posted by bobcat88 on :
 
Back ot .006 for break even, but should easily be able to hit the .015-.025 range.
 
Posted by dollar13 on :
 
PRINTING 0.0039
 
Posted by Bawz2wawz on :
 
Sold out last week at .0047 for teeny profit. Manpulation is rampid here. Gonna wait till the MM's are done f'n with this.
 
Posted by Fuzzy1018 on :
 
bergain prices here imo .003
 
Posted by Fuzzy1018 on :
 
movin' up quick .0033 now
 
Posted by Fuzzy1018 on :
 
mm's ut on the bid side, rumors of a news tom. or wed on cusip change
 
Posted by mindspin311 on :
 
If this drops below 0028, I'm back in on this. Made a nice gain last time I flipped this.
 
Posted by Bawz2wawz on :
 
quote:
Originally posted by Fuzzy1018:
bergain prices here imo .003

Jumped back in this this morning at .003. Liked the way the bottom bolly curled up last week even as it was falling. This has always traded above the bottom bolly so hopefully it continues. Bid got real thick today at .003. I think we may have found bottom finally, I hope.

P.S. Filled an old gap today too.
 
Posted by Fuzzy1018 on :
 
.0034/.0035 looking good this morning. waiting on some news here
 
Posted by mindspin311 on :
 
In at .003. Hopefully this is the bottom and we see this up 50% in the days to come. If not, double down if it gets to the mid 20's and watch this soar [Smile]
 
Posted by Bawz2wawz on :
 
agree, MM's worked hard to push this down today as there seemed to be good buying pressure. I think MM's have wanted this to close below .003 for a long time to fill in old gap in the chart and now they got. I have a feeling this may take off soon. Have been told they have a barrage of news waiting to release but they are waiting for the cusip and symbol change to come through. They have the new number already, just waiting on the paperwork and legal end to come through. There hoping it's done yet this week but is looking like it may be the following, we'll see. It's out of there hands, they have to wait like the rest of us. They've done there part.
 
Posted by mindspin311 on :
 
Praying this gets to 002. Absolute bottom IMHO. Reload and watch it go off to the 004's [Smile]

In at .003
In again at .0026
 
Posted by mindspin311 on :
 
Back to 0025x0026. Looks like bottom was hit at 0021.
 
Posted by mindspin311 on :
 
0027x0028
 
Posted by mindspin311 on :
 
0029x0030 [Smile] On the rebound
 
Posted by mindspin311 on :
 
Up to 0034 [Big Grin]
 
Posted by lukin4winners on :
 
ATLJ looking strong today breaking out of a trading range... possible news coming.
 
Posted by tompom on :
 
grabbed some at .003
 
Posted by mindspin311 on :
 
Got in this at avg of 0026. Out 1/2 at 0033.. Nice profit and let's see the rest ride to 004 today [Smile]
 
Posted by tompom on :
 
looks like hod is going to break here...
 
Posted by Bawz2wawz on :
 
Little dissappointing EOD yesterday but not bad close at .0029. I'm a little mixed on whether to hold awhile or trade it. Almost dumped it at .0033 knowing i could get it back in the upper .002's but oh well. Here alot of buzz about this one lately, might go here. Low floater and no dilution, could go awhile.
 
Posted by Bawz2wawz on :
 
Little dissappointing EOD yesterday but not bad close at .0029. I'm a little mixed on whether to hold awhile or trade it. Almost dumped it at .0033 knowing i could get it back in the upper .002's but oh well. Here alot of buzz about this one lately, might go here. Low floater and no dilution, could go awhile.
 
Posted by tompom on :
 
watching...
 
Posted by Bawz2wawz on :
 
out at .0034 earlier, buying back on next dip.
 
Posted by bobcat88 on :
 
This is starting to act up today, put it on the radar.
 
Posted by mindspin311 on :
 
Out at 0036. I love this stock!! Looking to flip it for the 4th time when it gets back to the 0018/0024 range probably later next week or possibly the week after. Ride this back up to 003. [Smile]
 
Posted by Bawz2wawz on :
 
quote:
Originally posted by mindspin311:
Out at 0036. I love this stock!! Looking to flip it for the 4th time when it gets back to the 0018/0024 range probably later next week or possibly the week after. Ride this back up to 003. [Smile]

Back in at .003 at open. This will be my third time around. Was going to sell at 38 or 39 but would have tied up my funds till it settled and don't have any other available cash at the time.

I don't think your going to see it that low. Something big is brewing. Theres a big buyer out there every morning and then he shuts it off in the afternoon as to not create to much momo. I mean a "BIG BUYER". People claiming news tommorrow as well, we'll see. I'm betting we close near HOD.
 
Posted by mindspin311 on :
 
Well sooner or alter its gonna tank or go to 01, but until then, I'm just gonna play it for a 25-50% gain every few weeks and hope it doesn't do the former [Wink]
 
Posted by dollar13 on :
 
VOLUME WENT UP TODAY EH....
 
Posted by lukin4winners on :
 
Guess they have been truthful all along the TA and cusip change appear to be in the near future:
Asia Telecom Ltd.: Asia Telecom Ltd. Updates its Shareholders

Apr 19, 2007 (M2 PRESSWIRE via COMTEX) -- April 19, 2007 -- Asia Telecom Ltd. (Other OTC: ATLJ.PK) (Frankfurt Stock Exchange: HZK.F) would like to update its shareholders of the following:
1. The Company is in the process of changing its Transfer Agent; 2. The Company has obtained a new CUSIP number and is awaiting a new symbol from the NASD;

All corporate administration will be handled out of offices in Baku, Azerbaijan from now on.

President / CEO, Ayaz Karimov stated: "We cannot rush the NASD to process any changes for the Company so we are asking our shareholders to be patient as we will have a fresh start with a new Transfer Agent and thought it was appropriate to obtain a new CUSIP number and symbol at the same time."

About Asia Telecom Ltd.

Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
 
Posted by lukin4winners on :
 
Guess they have been truthful all along the TA and cusip change appear to be in the near future:
Asia Telecom Ltd.: Asia Telecom Ltd. Updates its Shareholders

Apr 19, 2007 (M2 PRESSWIRE via COMTEX) -- April 19, 2007 -- Asia Telecom Ltd. (Other OTC: ATLJ.PK) (Frankfurt Stock Exchange: HZK.F) would like to update its shareholders of the following:
1. The Company is in the process of changing its Transfer Agent; 2. The Company has obtained a new CUSIP number and is awaiting a new symbol from the NASD;

All corporate administration will be handled out of offices in Baku, Azerbaijan from now on.

President / CEO, Ayaz Karimov stated: "We cannot rush the NASD to process any changes for the Company so we are asking our shareholders to be patient as we will have a fresh start with a new Transfer Agent and thought it was appropriate to obtain a new CUSIP number and symbol at the same time."

About Asia Telecom Ltd.

Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
 
Posted by pincher on :
 
No pr in weeks. Possible name change along with first quarter earnings report???? Old pr Jan. ? said they expected to generate more revenue.
 
Posted by ClayN on :
 
There was a pr on 4/19. Look at post above yours...

quote:
Originally posted by pincher:
No pr in weeks. Possible name change along with first quarter earnings report???? Old pr Jan. ? said they expected to generate more revenue.


 
Posted by superman7 on :
 
starting to move up again...could see a eod run!
 
Posted by superman7 on :
 
1 mm left on ask till .004s...breakout is happening

.0036(1) by .0038(1)

4.8 mil volume
 
Posted by superman7 on :
 
.0039 getting hits now

.0036(1) by .0039(1)

6.6 mil volume
 
Posted by superman7 on :
 
matching trades now which means we should see .004s real soon now [Smile]
 
Posted by superman7 on :
 
.0038(1) by .0039(1)

9 mil volume
 
Posted by superman7 on :
 
4's are falling this is a huge break!
 
Posted by superman7 on :
 
.0039(1) by .004(2)

14 mil in volume
 
Posted by superman7 on :
 
.004(1) by .0041(1)

14.4 mil vol
 
Posted by Bawz2wawz on :
 
out at .0039, might have been to soon. Hope I get a quick dip tommorrow.
 
Posted by dollar13 on :
 
0.0041 HOD [Big Grin]
 
Posted by dollar13 on :
 
NICE VOLUME THE LAST HOUR

0.0042 EOD
 
Posted by mindspin311 on :
 
Damn.. missed it. Wanted to get in at 0026. There's always a few weeks later when this comes right back down below 003 like clockwork [Big Grin]
 
Posted by mindspin311 on :
 
Good time to get in again at .003. Hopefully double down in the 0024-0026 range.
 
Posted by mindspin311 on :
 
Anyone know what happens on scottrade with the commission when you only get half of your order filled at 0031, then want to modify to 0033 for the rest? Does that count as 2 separate commissions?
 
Posted by mindspin311 on :
 
Wow, what happened to the posts on this one. This has been the biggest sure thing in the past 2 months for making a quick 30-50%

Am I the only one playing this? lol
 
Posted by Bawz2wawz on :
 
Hasn't been moving like it had as of late. Flipped it four times but don't know if I want to try again. Company announced a symbol change & new cusip over 2 months ago and nada. SPNI completed there symbol change in days so somethings not right. Can't get any response from the company, starting to think they don't even exist.
 
Posted by mindspin311 on :
 
It took CHNW/EFGO along time for the change. It doesn't take days for it to happen. Just because a company announces a possible change a few days before it happens means that they filed for it weeks before and didn't put out a PR until before they thought it would go through.

I am a little less confident this time, but I've made over a grand on investing a little more then 2k in this, so if it doesn't work this time, I still have a good profit from it. I just think this can at least get to 004 again.
 
Posted by mindspin311 on :
 
Plus if this gets down in the low-mid 20's, it should get buying pressure going again and volume should spike. There hasn't been any news in all the times I've flipped this. I'm just playing the chart. 003 is a good time to buy a little, then double down if it gets in the mid 20's.. if it goes up from here to 004, it's a nice 30% and I'll take it. If it goes down, that's just a more attractive buy, and pressure will move this back up. And if it tanks, I lose most of my profits from before, but I see the pro's far outweigh the cons.
 
Posted by mindspin311 on :
 
Up 13% today [Smile]
 
Posted by pincher on :
 
If anyone has a second could they explain what happened with this? Is this a buying opp?
 
Posted by kermit42 on :
 
No, check out the BHUB thread. They got caught up in the same scandal--fraudulent TA--and will be halted (I'm surprised they haven't been yet).
 
Posted by invester on :
 
In at .0005. Getting some major volume, worth the risk at this level.
 
Posted by kermit42 on :
 
It fell so far so fast that you may catch a bounce, but be careful. On the chance you didn't see this, I'll post the link:

http://osc.gov.on.ca/Enforcement/Proceedings/RAD/rad_20070518_select-american.pd f

It's Canada, not the USA, but the US generally reciprocates so you have to figure a halt is coming. And that means months on the dreaded greys.

This also may be useful:

http://www.investorshub. com/boards/read_msg.asp?Message_id=19958658&txt2find=osc

(remove the space before .com)
 
Posted by pincher on :
 
In the order it accuses american select of using inactive or dormant securities. Is atlj dormant? or inactive? are the last pr's bogus?
 
Posted by T e x on :
 
you know?

We really should have *one thread* for all affected stocks in this mess...

Can anyone take that on to organize that, please?

I suggest using the Hot Stocks forum, but anywhere to get started would be good... In fact, I think I have a thread started there that would cover it, but each affected thread needs to be notified and then given the link... Need an organizer to step up...

best,

tex

PS: am asking cuz I'm snowed under, right now. Otherwise I would do it...
 


© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2