posted
HOD close Friday at 0092. Look for something big to happen here next week, as its due for a symbol change, product news, and a new PR/IR structure. Next week looks ripe here, it won't be under a penny for long...
-------------------- No one ever lost money taking a profit. Remember that.
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Don't forget back in November this stock was at .10
Nanergy will be there soon.
Old News
ObjectSoft Corp., to be Renamed Nanergy Corp., First Nanotechnology Product Released for Manufacture, Details Capital Structure
NEW YORK, Mar 17, 2005 (BUSINESS WIRE) -- ObjectSoft Corp. (OTC-Pink Sheets: OSFT) today announced that it expects to complete the process of renaming the company Nanergy Inc. within the next 30 days. This previously announced change reflects the acquisition by the company of the nanotechnology assets of RES Inc., formerly Terra Solar Development Corp. and also of Accusealed of Hungary. Separately, the Company announced that its board has approved the working prototype of its first product. Mr. Moshe Gluzman, Chief Executive Officer of ObjectSoft said, "We have received and approved for manufacture a working prototype of NanoSign(TM), the Company's first commercial nanotechnology-based product. We expect to shortly release the product for manufacture and to begin shipping in the second quarter of 2005." This illuminated safety house number sign uses PVNanofilm technology so that it can recharge in low light. The high efficiency of the nanotechnology-based photovoltaic cell recharges the device for a week on only eight hours of daylight. Unlike existing devices, direct sunlight is not required. The company believes this product meets a widely-felt need. Products of this type have been recommended by police and emergency workers; however existing products have been too expensive and have too short a life to be suitable for mass marketing.
Separately, the Company announced details of its capital structure. There are about 50 million shares in the float. The number of shares authorized is 850 million. About 643 million restricted shares were issued or are issuable in connection with the acquisitions. The total outstanding after giving effect to shares issuable for the acquisition is about 700 million shares. All of the persons issued restricted shares in connection with the acquisition will be deemed control persons under SEC rules.
About Nano-PV Films and Nanotechnology
The products being developed, which will be acquired as part of this transaction, are believed to be the first to use PVNanofilm(TM), which combines thin films and nanotechnology so they can also work indoors in most lighting situations. PVNanofilms have elements below 1000 and even below 100 nanometers. The National Science Foundation (NSF) defines nanotechnology as consisting of components and elements 1000 nanometers and under. (1 nanometer is one billions of a meter or 10 Angstroms).
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-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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i dunno...ive checked 5 different places including my etrade account and im not seeing anything...think hes bashing but thats not something to bash about
-------------------- Greed has turned me to the Dark Side...
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you would had thought you had a great buy if you have any friends spread the word thank you pc/doc. and thank you galaxy i put your web sit on my favorites use 2 others they did not have the info on them good site to have
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Well, I managed to buy back in a salvage a little from .0045 to .0055.
Still lost over 100.00..
Like I said--could have been worse!! That was stress.
Thanks for the good info folks. I was trying to sell before I even knew there was a R/S. The RSI just fell right after I bought at .007. I knew it wasn't pretty.
Zanax Time.
I think I will pack it in for today. Does not seem to be my day in OSFT land..lol
Good thing I made money on UVCL and TNOG.
So much for that. Jumped into PLNI at .011. Here we go again. Gee--the things we will do for money....lol
posted
thanks alot i just bought 100k at .0059 then read the post about the r/s,glad i read your post tyvm like alot been a victim of the r/s many times
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quote:Originally posted by Naatan: i dunno...ive checked 5 different places including my etrade account and im not seeing anything...think hes bashing but thats not something to bash about
I don't bash, I'm not as good as many others here with tips but when I see news (this time on another board) I post it.
One thing I will NEVER do is post something that I know to be false ... for what it's worth I bought into OSFT last week at .0107 and lost half my money this morning.
-------------------- Want to get rich in pennies? Buy what I sell!
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I have been burned 4 times now with R/S's and am stuck in 2 of them due to the price dropping so low it wasn't worth the trade. I will still have some shares in NNGY because Ameritrade didn't sell all my shares today.
The other one I got stuck with might be turning around, it's now PPKI and the pps has been slowly crawling back up since the split. We can only hope!
-------------------- Want to get rich in pennies? Buy what I sell!
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