posted
Tex, It is a "non trading company" Looks to be that "they" are taking "steps" to get to be a trading company..."the company's name is "4309, Inc" More smoke and mirrors...IMO... Poetter has been "involved with" CSHD since the beginning...A while back RPH said that he "passed the torch"...and some seem to think it was Poetter that it was passed to... And I thought "passing the torch" simply meant passing the joint...as in that "particular" that RPH smokes...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
So basically if 4309 relates to cshd, then I think it will work like this. According to that 8k 4309 has 100k outstanding. So the previous share exchange idea people were talking about being 1 for 1 wouldnt be 1 for 1, but some other ratio. Unless the o/s of 4309 got raised. Anyway, so we would get out shares exchanged for real non air legit shares of 4309 thus forcing huge short covering + rico damages + if the bonds are real at all then the value of those + whatever else im forgetting?
Sounds conceivable but loony at the same time haha.
Posts: 854 | From: Alpharetta, GA | Registered: Mar 2006
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quote:Originally posted by Igor R: So basically if 4309 relates to cshd, then I think it will work like this. According to that 8k 4309 has 100k outstanding. So the previous share exchange idea people were talking about being 1 for 1 wouldnt be 1 for 1, but some other ratio. Unless the o/s of 4309 got raised. Anyway, so we would get out shares exchanged for real non air legit shares of 4309 thus forcing huge short covering + rico damages + if the bonds are real at all then the value of those + whatever else im forgetting?
Sounds conceivable but loony at the same time haha.
ya...forget bonds, ie, put that in the "loony" stack, imo
Now, shorts... what exactly are you thinking would "force" a short cover?
quote:Originally posted by Igor R: So basically if 4309 relates to cshd, then I think it will work like this. According to that 8k 4309 has 100k outstanding. So the previous share exchange idea people were talking about being 1 for 1 wouldnt be 1 for 1, but some other ratio. Unless the o/s of 4309 got raised. Anyway, so we would get out shares exchanged for real non air legit shares of 4309 thus forcing huge short covering + rico damages + if the bonds are real at all then the value of those + whatever else im forgetting?
Sounds conceivable but loony at the same time haha.
ya...forget bonds, ie, put that in the "loony" stack, imo
Now, shorts... what exactly are you thinking would "force" a short cover?
Not so much as im thinking "force" but hoping "force" if that makes sense. Honestly a forced short cover seems our only option to possibly get our capital back and maybe some extra. Dunno how that would come about though, im still a market newbie.
Posts: 854 | From: Alpharetta, GA | Registered: Mar 2006
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posted
Sorry, I wish I could get my capital back to, but it just isnt going to happen, I mean if it could it would have already. If you can give me one example of a company that was in the dollars that went to pink or grey sheets and traded subpenny and then made a miracolous come back please show me.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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best wishes for your college years, Igor...got a son who's about to transition from Juco level to University...lotta work....lol, especially at you guys' age...
quote:Originally posted by stocktrader22: Sorry, I wish I could get my capital back to, but it just isnt going to happen, I mean if it could it would have already. If you can give me one example of a company that was in the dollars that went to pink or grey sheets and traded subpenny and then made a miracolous come back please show me.
Its wishfull thinking by those who lack trading experience or those who think good always win over evil . It sucks that we lost our money but worst things have happened . I just hope the SEC and the FBI nail the azzes of those responsible .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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posted
isn't 4309 some cleaning spray maybe it's to clean up all that golden stuff that fallen on us
Anyway if this related to cshd and it is our exit. I think it'll work like all those waattle share holders. We'll have to wait and then when the time is right sell out our shares stick someone else with the bag until they run this company into the ground and start up a new one. Just a thought
quote:Originally posted by Igor R: So basically if 4309 relates to cshd, then I think it will work like this. According to that 8k 4309 has 100k outstanding. So the previous share exchange idea people were talking about being 1 for 1 wouldnt be 1 for 1, but some other ratio. Unless the o/s of 4309 got raised. Anyway, so we would get out shares exchanged for real non air legit shares of 4309 thus forcing huge short covering + rico damages + if the bonds are real at all then the value of those + whatever else im forgetting?
Sounds conceivable but loony at the same time haha.
I was dd'ing it & saw something stating the O/S was 100,000,000 shares...I will try to find it....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
Doesn't this say 100,000,000 mill shares A/S? I'm not to good at this part....
4309, Inc. (a development stage company) NOTES TO FINANCIAL STATEMENTS
8. Stockholder's Equity:
Preferred stock includes 10,000,000 shares authorized at a par value of $0.001, of which none are issued or outstanding.
Common Stock includes 100,000,000 shares authorized at a par value of $0.001, of which 100,000 have been issued for the amount of $100 on December 31, 2005 in acceptance of the incorporation expenses for the Company.
9. Required Cash Flow Disclosure for Interest and Taxes Paid:
The company has paid no amounts for federal income taxes and interest. The Company issued 100,000 common shares of stock to its sole shareholder in acceptance of the incorporation expenses for the Company.
posted
yes, they can issue those other 900K shares with the proper SEC filings... often they use a 424b (prospectus) filing...
PROSPECTUS
ADVANCED CELL TECHNOLOGY, INC.
13,516,367* SHARES OF COMMON STOCK
*Does not include 20,397,296 previously registered shares that are covered by this Prospectus
This prospectus relates to the resale to the public by the selling security holders of up to 13,516,367 shares of our common stock, par value $.001 per share, underlying (i) convertible debentures issued in 2006 in the aggregate original principal amount of $10,981,250, convertible at a conversion price of $0.288, (ii) common stock purchase warrants issued in 2006 at an exercise price of $0.3168, (iii) common stock purchase warrants, with an exercise price of $0.3168, issued to a broker-dealer as commissions paid in connection with the private placement of the 2006 debentures and the 2006 warrants. Additionally, this prospectus also relates to the resale to the public by the selling security holders of up to 20,397,296 shares of our common stock, par value $.001 per share underlying (i) convertible debentures issued in 2005 in the aggregate principal amount of $22,276,250, convertible at a conversion price of $0.90, and (ii) common stock purchase wa
IPO's require alot more paprework and cash.that's why shell co's (cos that don't have any value from business) are still worth a lot of money cuz all you have to do is buy a controlling interest in the shares of the co. and you are PUBLIC.... then the dilution usually starts
IPO's require alot more paprework and cash.that's why shell co's (cos that don't have any value from business) are still worth a lot of money cuz all you have to do is buy a controlling interest in the shares of the co.
So, what are ways a company can "release" these authorized shares?.....Do they just put them into the market? If so, how does the company benefit?....or do they issue them to officers & restrict them? How does that work....
By the way, thanks in advance for this lesson
This could very well have nothing to do with CSHD but I still appreciate what you are teaching me & others that are lurking
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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usaully a company likes to find a big buyer to make large transactions (to save money on costs) then the buyers resell them....
PROSPECTUS
ADVANCED CELL TECHNOLOGY, INC.
13,516,367* SHARES OF COMMON STOCK
*Does not include 20,397,296 previously registered shares that are covered by this Prospectus
This prospectus relates to the resale to the public by the selling security holders of up to 13,516,367 shares of our common stock, par value $.001 per share, underlying (i) convertible debentures issued in 2006 in the aggregate original principal amount of $10,981,250, convertible at a conversion price of $0.288, (ii) common stock purchase warrants issued in 2006 at an exercise price of $0.3168, (iii) common stock purchase warrants, with an exercise price of $0.3168, issued to a broker-dealer as commissions paid in connection with the private placement of the 2006 debentures and the 2006 warrants. Additionally, this prospectus also relates to the resale to the public by the selling security holders of up to 20,397,296 shares of our common stock, par value $.001 per share underlying (i) convertible debentures issued in 2005 in the aggregate principal amount of $22,276,250, convertible at a conversion price of $0.90, and (ii) common stock purchase wa...
posted
Jenna... You've heard many of us say that a company is "dilluting"...A company benefits when they sell the Authorized shares INTO the market... You've seen posters say that there were only X amount outstanding...as of a certain date...meaning the company hadn't offered the remainder of the authorized to the public...but pretty much a company can sell any amount of shares that they want..UP TO the authorized number...after that they have to take further steps to increase the authorized...
edit: this is "my version" of what glass just posted..LOL
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Glass...dont most companies have it written into their "by-laws" as far as how they have to increase the authorized..or does that depend on the state in which it became incorporated and their governing laws?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
OOOOHHH........OK Thanks Glass Thanks 10, I think I got it now.....so they can sell those shares to whomever they want....can go into the market or to Brokers or can be given as payment.....thanks so much for that......
& 10,..Dilution...YUCK.....I hate that!!!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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The rights of shareholders depend largely on provisions in a corporation's charter and by-laws. These are the first documents which a shareholder should consult when determining his or her rights in a corporation. Shareholders also generally enjoy the following types of rights: http://law.enotes.com/everyday-law-encyclopedia/shareholder-rights
FLA slipped that law in while Jeb was governor... it caught a few of us by surprise back in 04 when we first started seeing co's use it...
Jenna this a great resource, and with alittle searching? almost all basic questions can be answered her if you look long enough...
3707 East Southern Avenue, Ste. 1080 Mesa, AZ 85206 ph: 480-246-8030 fax: 603-462-2363 contactus*4309.us
Just around the corner from me.. and only a few miles from the one guy involved with CSHD that lived in Gilbert, AZ.
Posts: 869 | From: Az | Registered: Sep 2006
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quote:Originally posted by Jenna: ..All I know TexM is that he was in one of those pictures from that dinner they had in Texas & Poetter was the one sitting next to Rufus.....
That's because Poetter was already at the builing...that's where his office is....He just finalized the purchase of 4309 inc. on 7/24 so the new address of 4309 inc. is now at Poetter's office......
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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