posted
Hey Guys - do you think that is good - or bad ? ...
When does the Split would be happend ? Today ???
Steve020866
posted
Your gonna love this.
This will not be good for this one reason.
The Authorized share count of 2 billion that is there now, will remain the same after the reverse split. This means that after the reverse split they can crank out more shares back up to the 2 billion amount.
The only real time a reverse split is even remotely good is when the Authorized share count is adjusted along with all the outstanding shares.
Hope this helps.
poorman
posted
quote:Originally posted by Kaiman: Hey Guys - do you think that is good - or bad ? ...
When does the Split would be happend ? Today ???
Reverse splits are hardly ever any good. If they are doing it to move up to a new exchange its ok but it's mostly a death bell for the company and shareholders. I've been through a couple of them and would sell any stock I had on the news of another
futuresobjective
posted
quote:Originally posted by poorman: [QUOTE]Originally posted by Kaiman: [b]Hey Guys - do you think that is good - or bad ? ...
When does the Split would be happend ? Today ???
Reverse splits are hardly ever any good. If they are doing it to move up to a new exchange its ok but it's mostly a death bell for the company and shareholders. I've been through a couple of them and would sell any stock I had on the news of another
[/B][/QUOTE]
Vultures must be circling this one. I can not see how this would be good for the stocks. I would say that 9.9999999 times out of 10 it is a very bad sign. This thing is going to be worth a little more a share, then it will go right back down to lower levels. The only plus side I can see is with fewer shares it will move more on news (and probably head right back down the sh^%er), which is better for an active trader. If you ask me this is a bad move.
However, I still like this company in the future. Once prizewize gets off the ground a little more and once they start making some money from their "patches" and comstruction company (and whatever other companies they have their tentacles into) this may turn around. I was happy to hear about their investment in the construction company several months ago. Vegas is still in a position to provide lots of money to constuction companies. Additionally since I am on the topic of Vegas... Something to look into is water over there. They are in the middle of a desert. How are they going to get water to the growing population? Something to look into for investment purposes over the next months/years. GLTA
Powerstroking
posted
This can't be for real! It says the meeting will be held on January 5, 2004->(last year) all throughout this memo??? I think a short is in the woodpile???
Any other opinions?
------------------
jackpot
posted
Reverse split, I predicted this months ago. Everyone thought I was crazy. Now who's crazy? I said it would fall below a penny before year end and my prediction is coming true.
bjay22
posted
Now in subpenny land and sinking like a rock. Glad I got out a while ago.
otcworks
posted
Where did this come from? The document has January 2004 as the shareholders meeting date and it states a 1:30 reverse split. Where did the 1:40 split come from?
21st Century Technologies' prizeWise to Launch National TV Advertising December 13th; 30-Second Spots Intended to Introduce Millions More to prizeWise.com 12/7/2004 10:56:00 AM
LAS VEGAS, Dec 7, 2004 (BUSINESS WIRE) -- 21st Century Technologies, Inc. (TFCT) today announced that its portfolio investment company, prizeWise, Inc., has scheduled the launch of a comprehensive television advertising campaign beginning with a spot to be aired nationally on DIRECTV(R) starting Monday, December 13, 2004. The 30-second commercials will run in the highly coveted 4:00 PM to 8:00 PM time-period on ten separate channels reaching 13 million households.
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"21st Century's commitment to our prizeWise investment is evidenced by the resources we are now making available to broaden awareness of prizeWise.com, in order to reach an as yet untapped population of potential customers," said John Dumble, President/CEO of 21st Century Technologies.
"We expect that this spot on DIRECTV(R), as well as the larger advertising campaign, will result in continued growth for prizeWise. After the initial run on DIRECTV(R), we will carefully evaluate the results to determine the effectiveness of television as a component of prizeWise's advertising campaign. The goal is to see considerable impact and build on the exponential growth the site enjoyed from its first months of operation."
prizeWise.com (http://www.prizeWise.com) is a site that retails coupons and valuable offers from nearly 1000 national and local companies with an option offered to purchasers to receive tickets to enter sweepstakes contests on the website. prizeWise.com is currently conducting over 3800 live sweepstakes on the site. The public is invited to watch a brief tutorial about the site at http://www.prizeWise.com/huh.asp and browse the website without obligation.
21st Century Technologies is a Business Development Company, operated pursuant to the Investment Companies Act of 1940. It holds various enterprises as investments and seeks to grow companies in which it has an interest.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE: 21st Century Technologies, Inc.
21st Century Technologies Inc. Troy Lovick, 702-248-0309 (1 p.m.-3 p.m. PT Mon.-Fri.) troy@troylovick.com or Gemini Financial Communications A. Beyer, 951-693-4534 (10 a.m.-12 p.m. PT Mon.-Fri.) ir@texn.com
Copyright (C) 2004 Business Wire. All rights reserved
Kaiman
posted
Hi buckwheatbob !
Think this will run !!! What did you think ?
Marva18
posted
I wish they had done advertising months ago as promised after the kinks were worked out of the system.
Is DirectTV better than cable or local channel advertising?
buckwheatbob
posted
We will have to sit and wait. I do agree that a reverse split is not a good thing but with the type of companies that TFCT is aquiring, the future can be very profitable.
Buckwheat
bjay22
posted
Well at least they won't be able to lie about the results of the DIRECTV spots, we can watch the PW site after the l3th and judge for ourselves. Right now, besides coins, nothing moves. I've had more things expire than sell. I've even tried jumpstarting some things by entering tickets in my own raffles, but gave that up too.
buckwheatbob
posted
COncidering how low we hit today, I believe .0065, I will settle for in the .01 range again as a finish for the day.
buckwheatbob- I agree with you. It will just take some time. [/B][/QUOTE]
Hey futures,
Long time no chat! Hows things?
Buckwheat
futuresobjective
posted
Not to bad buckwheatbob... just been getting other things done. Been trying to stay away from trading for the time being. Just like to pop in every now and again. Hope things are well with you and the other guys.
[This message has been edited by futuresobjective (edited December 08, 2004).]
buckwheatbob
posted
quote:Originally posted by futuresobjective: Not to bad buckwheatbob... just been getting other things done. Been trying to stay away from trading for the time being. Just like to pop in every now and again. Hope things are well with you and the other guys.
[This message has been edited by futuresobjective (edited December 08, 2004).]
Well, incase I don't chat with you before Xmas, hope you and the family have a very merry Christmas as to all the rest on this board as well