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NanoSignal Corporation Announces Cancellation Of 560 Million Reserve Shares
LAS VEGAS, Jun 9, 2005 (PRIMEZONE via COMTEX) -- NanoSignal Corp, an OTC Pink Sheets Fully Reporting Company (Pink Sheets:NNOS), announced that it has cancelled 560 million shares of common stock that were being held in reserve. "These shares are being returned to the NanoSignal treasury. This action is being done along with others to improve the company and prepare for the next phase of growth," said NanoSignal President and CEO James Wolfe.
"We are focusing on our core technology," said Dr. Rupert Perrin. We are working several other exciting developments that will complete our Slices technology," said Dr. Perrin.
This press release contains "forward-looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Remember when HISC retired it's shares... It was at .005 it hit .05 two weeks later.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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posted
Looks like the MM's have put the brakes on. They dropped the price on a 5000 share trade...shake maybe?
Marl... I got in for short term. Already took profit and am riding for free now...gonna let it ride and see what happens today...
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
It appears the company is doing anything to squeeze a few buck out. 12 Month chart does not look good...
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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Press Release Source: NanoSignal Corp., Inc.
NanoSignal's Management Commits On Today's Market and Heavy Volume Activities Thursday June 9, 10:44 pm ET
LAS VEGAS, June 9, 2005 (PRIMEZONE) -- NanoSignal Corp, an OTC PINK SHEETS Fully Reporting Company (Other OTC:NNOS.PK - News) stated herein that management has provided a recap of market news and the relationship to NanoSignal Corp. market activity. ``NanoSignal Corporation, Inc. management believes the cancellation of 560 million shares has had a significant impact on the market,'' according to NanoSignal President James Wolfe and ``we have plans to continue to retire as many shares back for inclusion in the authorized but unused portion of NanoSignals Shares.''
Furthermore, the data collected by Clearstation.com, shows a significant impact on the volume and the price increase value of NanoSignal shares price. NanoSignal was the number one company on percentage gains for the day. ``Furthermore, stated James Wolfe and in addition to the price increase NanoSignal Corp. also ranked number Three in volume of all the exchanges There has been tremendous pressure brought on by the short sellers against the Market of the company of its tradable securities,'' again stated James Wolfe.
NanoSignal Corporation Inc is making significant strides to bolster its share value and complete inner core of the technology, Slices,`` said Chairman of the Board, Dr. Rupert Perrin. The systems put in place by James Wolfe and his management team is beginning to bear more than results.
This press release contains ``forward-looking statements'' within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in ``Looking Forward.'' These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
Contact: Princeton Research, Inc. (for NanoSignal) Mike King 702-650-3000
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NanoSignal Corporation Announces Retiring of 25 Million Shares Away From the Market on Santa Rosa Trading Co-Cancelled Acquisition via COMTEX
June 10, 2005
LAS VEGAS, Jun 10, 2005 (PRIMEZONE via COMTEX) --
NanoSignal Corp., an OTC Pink Sheet Fully Reporting Company symbol (Pink Sheets:NNOS), announced today that it has retired 25 million shares of common stock away from the market on Santa Rosa Trading Co. cancelled acquisition.
These shares are being cancelled in order to stabilize NanoSignal's trading volume. "This action is being done to improve the company's overall strength and to prepare for new growth initiatives," said NanoSignal President and CEO James Wolfe.
"Slices technology will revolutionize the MRI market," said Dr. Rupert Perrin "The company's shareholders have endured the short seller and will now see the results of our dedicated management team," said Dr. Perrin.
This press release contains "forward-looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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quote:Originally posted by thebilder: I have had an order to buy at .0011 for today and most of yesterday and it still hasn't filled.
Well..the BxA are .0013 and .0015. So very unlikely your gonna fill @.0011 unless there is a dip
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Looks to be setting up for an EOD run...BxA @.0016x.0017....
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
This is the interesting part of PR from June 09. More news could be coming.
"We are focusing on our core technology," said Dr. Rupert Perrin. We are working several other exciting developments that will complete our Slices technology," said Dr. Perrin.
Does anyone have info on their Slices technology?
-------------------- Pennies are for trading. Posts: 82 | From: dixon ca us | Registered: Jun 2004
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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slices of there tomograms probly. I think they work with MRI's. They are always working on the technology, making image quality more resolved to pick up minute stuff. And if they build the scanner themselves, a unit cost anywhere from one to three million dollars a peice. Our hospital just purchased like a 5 or 6 slice scanner at like 2.5 million dollars
Posts: 269 | From: St. Peters, MO | Registered: Apr 2005
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just checked out the website. sounds like a software company. They try to make low quality signals into higher quality, therefore u could use a lower end MRI machine to generate images a high quality MRI could
Posts: 269 | From: St. Peters, MO | Registered: Apr 2005
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NanoSignal Corporation Announces Cancellation of 75 Million Reserve Shares - 6/13/2005 12:34:01 AM
LAS VEGAS, Jun 13, 2005 (BUSINESS WIRE) -- NanoSignal Corp, an OTC PINK SHEET Fully Reporting Company symbol (Pink Sheets: NNOS), announced that it has cancelled 75 million shares of common stock that were being held in reserve.
"These shares are being returned to the NanoSignal treasury. This action is being done along with others to improve the company and prepare for the next phase of growth," said NanoSignal President and CEO James Wolfe.
"We are focusing on our core technology," said Dr. Rupert Perrin. We are working several other exciting developments that will complete our Slices technology, said Dr. Perrin.
SOURCE: NanoSignal Corporation Princeton Research, Inc. (for NanoSignal) Mike King, 702-650-3000 .
Posts: 118 | Registered: May 2005
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posted
will it run like HISC to pennies? what is the current o/s now..it is listed on SHO list.
Posts: 714 | From: Boston, MA USA | Registered: Aug 2004
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BxA are movin up in pre-market....its gonna gap
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Something bothers me about this. Its a reporting company thats late on its filing but heres what bothers me. After the 20:1 R/S the O/S was 239 million as of 9/30/2004.
This so called reporting company only shows one increase in the filings of O/S of 20 million shares. So the question that begs to answer is;
How can they retire 560 million when they should have had only 259 million shares???????
Sounds like major under the table dilution. Maybe thats why they are retiring them so they don't get caught before next 10Q?
Posts: 35 | Registered: Apr 2005
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NanoSignal Corporation Announces Cancellation of 260 Million Reserve Shares and Corrects Previous Press Releases
June 14, 2005 01:41:01 (ET)
LAS VEGAS, Jun 14, 2005 (BUSINESS WIRE) -- NanoSignal Corp, an OTC PINK SHEET Fully Reporting Company (Pink Sheets:NNOS), announced that it has cancelled 260 million debenture shares that were being held in reserve to be used for the United Indian Credit deal that was aborted.
These shares are being cancelled completely. Also, the previously announced shares that were cancelled, the 560 million, 25 million and the 75 million are also cancelled, not returned to the treasury as previously announced. That leaves about 613 million shares outstanding with approximately 440 million in the float.
"This action is being done along with others to improve valuation of the company and prepare for the next phase of growth," said NanoSignal President and CEO James Wolfe.
"We are focusing on our core technology," said Dr. Rupert Perrin. "We are working several other exciting developments that will complete our Slices technology," said Dr. Perrin.
This press release contains ``forward-looking statements'' within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in ``Looking Forward.'' These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
SOURCE: NanoSignal Corporation
Princeton Research, Inc. (for NanoSignal) Mike King, 702-650-3000 Copyright Business Wire 2005
Posts: 871 | From: New York, NY | Registered: May 2005
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posted
920 Million shares cancelled in the last 5 days...
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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