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Author Topic: AUGC very possible acquisition news tomorrow.
WANG
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I'm hearing news tomorrow. FWIW
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WANG
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I don't know if anyone was watching L2 last 30min. Huge buys came in.
IMO AUGC news tomorrow...and some.

Few weeks play.

compare AUGC chart with before USXP ran.

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Vinnie
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Huge volume indeed. Anyone has any news on this one?
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Fuzzy1018
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i've been watchin' this for a long time now; its been tradin' differently for the past week & hlf. it even ran up 66% and then came back down; imo opinion somthin' big is goin' to hppn thats why they volume has been huge every day
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Fuzzy1018
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news out
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Fuzzy1018
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Identifying AuGRID's Path to Revenue
Thursday August 31, 9:45 am ET


VINELAND, N.J., Aug. 31, 2006 (PRIMEZONE) -- The AuGRID/Primergy Hong Kong collaboration has identified two entities for targets of acquisition; Primergy has started negotiations on behalf of AuGRID. In total there are three such companies of interest: two in China, and one local. Management's encouragement arises from possibilities due to an asset, revenue and profit change if acquired, that could result in qualification for placement on a different exchange. The corporation's acquisition targets in question gross no less than $2.5 million per fiscal annum minimum. ``We look forward to updating you with a progress report soon,'' states M.J. Shaheed, who will be visiting one of the acquisition targets within the next two weeks to review fiscal data that will be prepared for the accounting and PCAOB certification process. The remaining companies of interest are in China, which Primergy is working the preliminaries on the accounting and regulation compliance for the U.S. markets

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WANG
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Did anyone watch L2 today?

tons of shs traded at .0002

I had buy order in at .0002 over an hour and not a shs were filled.

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WANG
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UBSS took millions and millions shs at .0002

Something is up.imo
I'm also hearing more news after long weekend.

Hope MMs are ready to let it go.

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iluvthepennies
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well a rumor of news has started on this thread i guess

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Just my opinion as always !

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Tradepal
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Huge volume and no movement, someone explain please!
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Honesty101
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It called, dat's alotta shares in the float.

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iluvthepennies
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quote:
Originally posted by Tradepal:
Huge volume and no movement, someone explain please!

Very large float

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iluvthepennies
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Either large float or some shorting going on to keep it level (which I doubt, but you never know)

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Honesty101
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I wouldn't say shorting, possible dilution is highly likely given the news and pick-up in recent volume.

Call your broker, and other brokers to see what they say about shorting stocks. And what stocks can be shorted by them.

Don't settle for speaking with the normal schmo that you are directed to.

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WANG
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I'm still holding
O/s and float about 4.5 bil I believe

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