posted
There has been a billion shares accumulated in the last 3 days. I try to keep track of what is left in the float and with jphc buying back 1 billion and all longs continuing to accumulate the float is near maxed capacity. There are some huge short positions in here and with the pressure that is on the bid and all the buying once they cover we could easily shoot to new highs in my opinion
Plus Evans and Evans is doing a evaluation or what JPHC is worth and that could easily value them at .003-.01 in my opinion. Macro is really kicking into gear and should be profitable within another few months.
Also every will receive a stock dividend soon frmo the spinoff if they stay in.
So bottom line is hold all your shares for evaluation and spinoff to be completed. I think it should playout bigtime with the huge short interest out there.
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posted
The O/S is around 5 billion right now. Out of this 5 billion there are around 2.7 billion restricted (2billion just acquired from officers and 700 million from S-8) That leaves 2.3 billion. JPHC is buying back up to a billion which leaves 1.3 billion left. The people I know of hold 700 million. Which take us to about 600 million. The last 3 days there has been around 1.3 billion accumlated.
What does this tell me. It tells me there are a ton of shorts out there. My guess is probably 2 billion. If the news Dogcatcher is referring to about the buyout and potential price then this stock could easily move towards .002 - .005 very easily. The float is maxed and is not going to take much to move it once it gets going.
We in my opinion are in this range because of the extremely manipulation by the shorts who just wont give up. They keep shorting more and more and if this news is true and Evans & Evans gives JPHC the 3rd party opinion of what JPHC is worth & its what i think its gonna be then this stock can run towards the penny level very quickly if there are taht many shorts.
Should play out very interesting because when evans and evans does there evaluation they should know exactly the count of the float and o/s and the number of shorts in this stock. Before a buyout takes place all shares have to be in good standing meaning anyone short will have to cover before the deal is finalized.
All speculation but this stock could explode if there are really this many shorts as I think.
The reason i say that there are so many shorts is if you look over teh last month on how many shares are bought and 80 percent of them were buys. Which means the market makers were most likely shorting this stock down.
One day this stock if rumor is true is going to open around .003 or higher. If i was short and I heard this rumor I would be extremely scared because all of there money could be gone in an instant with massive margin calls.
Should be interesting the next few days to w
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posted
I'm actually getting annoyed with JPHC and their press releases. JPHC has a history of lagging on their promises of what they say they're going to do and nomatter how good the news is, JPHC's PPS remains the same or drops like a baby taking a dump in his or her diaper.
Not bashing JPHC completely yet but they better quit talkin' and start with the action.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
This stock is primed for a huge move coming within the next week or two. Key is to have enough to count. I am loaded and i think the float is maxed too. This stock can go at any time.
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posted
bump for some thoughts.. keep holding or move on to greener pastures? Anyone who can read the MMs better than i have any insight as to what they have in store for this guy? if any?
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posted
It will move as soon as the market makers have enough shares. Thats always why stocks are down for awhile. Once there ready and loaded you will know very quickly because it will just start running for no reason.
Its close and next week should be the big week. Evans and Evans should be done with there evaluation of JPHC and if they value them where i think they will this stock will explode
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posted
JPHC is slower than the slowest turtle but I'm confident that this company will start moving soon..... Just not right at this moment. Remember..... JPHC is a LAGGER.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
Item 3.02 Unregistered Sales of Equity Securities. On February 3, 2006, the Registrant issued 1,483,170,000 common shares at $0.0001/share and 1,220,000,000 common shares at $0.0001/share (the Shares) each to two officers and directors of the Registrant (respectively, the President/CEO and CFO) for the reduction of $148,317.00 and $122,000.00 of accrued liabilities from Promissory Note(s) owed respectively to each of the individuals by the Registrant. The common shares were issued as restricted securities and are exempt from registration under §5 of the Securities Act of 1933, as the issuances are deemed exempt from registration under §4(1) and 4(2) of the Securities Act of 1933, as well as Regulation D promulgated thereunder.
On February 2, 2006, the Registrant board of directors approved the issuance of 150,000,000 common shares at $0.0001/share (the Shares) to one individual for the reduction of $15,000.00 of accrued liabilities owed the individual by the Registrant. The common shares were issued as restricted securities and are exempt from registration under §5 of the Securities Act of 1933, as the issuances are deemed exempt from registration under §4(1) and 4(2) of the Securities Act of 1933, as well as Regulation D promulgated thereunder.
On February 2, 2006, the Registrants board of directors also approved the issuance of 525,000,000 common shares at $0.0001/share (the Shares) to one individual for the reduction of $52,500.00 of accrued liabilities from Promissory Note(s) owed the individual by the Registrant. The common shares were issued as restricted securities and are exempt from registration under §5 of the Securities Act of 1933, as the issuances are deemed exempt from registration under §4(1) and 4(2) of the Securities Act of 1933, as well as Regulation D promulgated thereunder.
On February 2, 2006, the Registrants board of directors also approved the issuance of 316,381,215 common shares at $0.0001/share (the Shares) to one individual for the reduction of $31,638.12 of accrued liabilities from Promissory Note(s) owed the individual by the Registrant. The common shares were issued as restricted securities and are exempt from registration under §5 of the Securities Act of 1933, as the issuances are deemed exempt from registration under §4(1) and 4(2) of the Securities Act of 1933, as well as Regulation D promulgated thereunder.
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If you will look at every form 4 you will see that they bought the shares. you see the price that they bought them for and THEN you see the shares sold or disposed of. And the price.......$0 They said they were doing a buyback and from the Form 4's it looks like it. JMO of course.
Info on Form 4:
Price of Securities (a) Prices of securities shall be reported in U.S. dollars on a per share basis, not an aggregate basis, except that the aggregate price of debt shall be stated. Amounts reported shall exclude brokerage commissions and other costs of execution. (b) If consideration other than cash was paid for the security, describe the consideration, including the value of the consideration, in the space provided for explanation of responses.
Great DD! I do have a devil's advocate question. If you round $0.004 would you not get $0? Or if the bought the shares back to the have to list the price exactly? Hopefully the more experienced traders in here can school me on this matter.
I do own JPHC, so I am hoping they are retiring the shares. I just want to know if they can be sneaky like that.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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posted
Great, that what I was hoping for. I'm a bit anal, with a very low IQ, so sometimes I need it spelled out for me. Thanks!
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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posted
So we should be hearing some news about the divy at least by the end of next week.IMO Hopefully this all comes together at the same time, with the merger/acquisition deal!
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Do not forget to read the section 5 of each Form4: (5. Amount of Securities Beneficially Owned Following Reported)
This section indicates the quantity of shares the beneficial owns after each transaction.
For each Form4 released, 2 lines are present. The first line indicates a Securities Acquired and the second line indicates a Securities Disposed.
My guess on the situation: The management decides to cancel the accrued liabilities due to them (Ray & Edwin).
Explanation:
They convert the debt in shares using the market price (first line of each Form4) and sell the acquired shares to the company for 0$ (second line). I think that they have the rights to sell the shares at any price. So, the shares is returned in the company tresory for 0$.
See the section 5 of the last Form4 for Ray & Edwin. HAWKINS RAY: 80000004 shares KWONG EDWIN: 40000009 shares
This represent the quantity (total) of shares each person has at the end. I think that all issued shares were returned in the company tresory (or other person but not Ray or Edwin). Except for Edwin that seems to keep 40000009 shares.
This can be logical since the management wants to improve the financial reports. For the long terms, this move can paid because the management keeps the shareholders confidence and reduce the company debts.
Item 8.01. Other Events. In a previous filing of an 8K/A Current Report dated September 16, 2005, the Registrant disclosed that:
1) On April 15, 2005 the Registrant executed an Amended and Restated Plan of Acquisition (the Agreement) to acquire 60% of Promostafffing.com LLC. (Promo Staffing), a Florida limited liability company that is in the promotional marketing industry; and
2) Although the Registrant contractually closed the transaction to acquire Promo Staffing, the Registrant anticipated that the transaction may have to be voided due to unforeseen delays that have caused disputes between the Registrant and Promo Staffing.
Subsequent to the filing of a 8K/A Current Report on September 16, 2005, the Registrant entered into a Termination Agreement (Termination Agreement) with Promostaffing and Mr. Cory Sklar (Mr. Sklar), whereby subsequent to the execution of the Agreement, and due to the disputes regarding the financing of Promostaffing by the Registrant and to date the parties have not been able to finish an audit of the financial statements of Promostaffing, which is required in order for the Registrant to comply with the rules and regulations of the U. S. Securities & Exchange Commission. Due to these disputes and difficulties, the parties have since amicably agreed that it is in the best interests of both parties to void the Agreement and the transactions contemplated therein.
Included in this Form 8-K are forward-looking statements. There can be no assurance that expectations reflected in such forward-looking statements will prove to be correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors.
posted
Rock: that is a great thing. we were told that jphc was going to have to clean everything up before the final news of being bought out. this is exactly what they are doing. 100 million shares are going to be return and retire if you read the filing. Looks like the buyout is close. hold tight.
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