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wow that was weird 2 sells at .024 to start. damn mms are lucky for getting those, looks like another great volume day though, 1.3 mill already in first minute.
Posts: 406 | Registered: Oct 2005
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posted
Some nut put in a sell for .024 instead of .034 hehehe Im holding till the big PR this is just the appetiser if we do dip IF?? I buy more
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
ALERT >MRKL> Will hit $2.99 soon, Read This >return as much of this value as we can to Markland common shareholders over time.”
Robert Tarini, Markland Chairman and CEO stated, "Due to Markland’s current equity structure, we believe that the company’s stock is undervalued.
After giving effect to the reorganization, Markland's ownership of Technest on a primary basis increased from 85% to approximately 98% and on a fully diluted basis (assuming the conversion of all of Technest's fixed price convertible securities and the exercise of all warrants to purchase Technest common stock) increased from 39% to approximately 82%. Markland’s total holdings of Technest common stock will increase to approximately 14 million shares.
In connection with the reorganization, Markland has declared a stock dividend of $10 million worth of shares of Technest common stock that it currently owns, up to a maximum of 2.5 million shares of Technest common stock. The record date for the stock dividend is May 1, 2006 and the distribution date for the stock dividend is July 5, 2006.
>The actual number of shares of Technest common stock to be distributed will be calculated based on a per share price equal to the average closing price of the Technest Stock as reported by the National Association of Securities Dealers Automatic Quotations service for the ten trading days ending June 30, 2006. <
However in no event shall the number of shares of the Technest common stock distributed exceed 2.5 million nor will Markland deliver fractional shares of the Technest common stock.
>Robert Tarini, Markland Chairman and CEO stated, "Due to Markland’s current equity structure, we believe that the company’s stock is undervalued. <
We have undertaken this reorganization and the $10 million Technest stock dividend in an effort to allow the market and our stockholders to capture what we believe to be the company’s real market value.
>We have worked very hard to try to re-negotiate with the holders of our convertible notes and Series D preferred securities to institute conversion floor prices and other changes which would be beneficial to Markland common stock shareholders. <
Management efforts in this regard will continue.
>Management will also be contemplating >future additional distributions of Technest Holdings Inc. stock to Markland common shareholders. <
We presently have approximately 14M shares of Technest Holdings Inc common stock which as of yesterday’s market close was priced at $14 per share.
This is a market capitalization figure which we believe much more accurately reflects the true value of this corporate enterprise and it is management’s intention to return as much of this value as we can to Markland common shareholders over time.”
Technest will file a registration statement registering these shares prior to the distribution date.
This is not an offer to sell these shares, and these shares may not be offered or sold in any state or jurisdiction in which such offer or sale would be unlawful prior to the registration or qualification of such shares under the laws of such state or jurisdiction.
posted
well, maybe I should have went with gut and put in buy for .003. lol .032 isnt so bad i guess. oh well, in this now and think u all r right and this will see over .05 by mid next week.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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I think judge1234 is the one with the sell order of .024 this morning and is a bit confused not to say pissed. And he's from Canada...
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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hahaha, u gave me a laugh on that REAL. Im all for Chadsville, but hope to move on down to the next town by EOD. lol
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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I smell conspiracy I think the MM's are messing with Chad
Looks Like all the flippers are done and we are setting solid right in Chad'sville
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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Well guys, I say Friday we go ahead, pack up our things, and move down to GAINSVILLE, then perhaps Monday, we can get a room at GREENSVILLE. lol
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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killing me REAL...good one. ok guys, joking aside, u all think this hits over .05 EOD Monday or Tuesday?
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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Check that link on my last post Lots of us have been waiting months for whats happening hopefully Monday and then on June 30th I hope we get the PR Friday I added 55,000more shares today at .028 for a total of 215,000 shares Gonna be pretty hot in Phoenex!
Look we closed in Greenville a gain of .0005 Good luck Dave
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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Hey REAL: Im still fairly new to this, so hope this doesnt sound to stupid, but what does it mean when a company files with SEC? (saw that in ur post on top) I take it thats a good thing for the stock?
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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Wow whata question Im prob not the best to ask but I would say first I reccomend you spend a day or two reading one of the Pop books on swing trading I caint think of the names off hand But basicly to answer your Q Pinks such as PBLS are unregulated. They do not file with the FCC as to shares outstanding, quaterly reports, acquistions, audits,etc etc. For this reasion Pinks are very risky and the big investors and brokers d not touch them. PBLS has been true to thier word up to this point and they announced last year that PBLS would become a fully reporting corp by the end of the second quarter 2006. This would make Pbls an OTC nasdaq reporting Co. At this point we will know for certain the shares outstanding the profit or loss figures, the assets, debt etc etc. Once this knowlege is known the bigger investors will become involved once it can be established through the Co's fundamentals whats the actual value per share is. Most or all of us holding long feel pbls is under valued I rambling on and not checking my spellen. Maybe someone else can recommend a good book
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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ok, got most of it. doesnt sound like to much rocket science. sounds like getting on the BOARD is normally good thing for company. So I'll take it as such. To all I wish good fortunes. I like the future on this stock, NDOL, and RSHN, and perhaps BKMP now.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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