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Ahrgs... Who calls? I would, but I'm no native speaker of the english language. I've my problems doing phone calls. And I can't find a website of "Atlas Stock Transfer Corporation", else I would mail them.
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I don't know, I just know that it seems I've to ride this down to .0001 if our Stiffmaster Rabbu is right. But I hope this will not be the case.
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Hmm, to cover your short position, why would you buy that much about ask? Wouldn't make sense to me. But all these 5000 trades make also no sense, and you see them all day long!
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DRDF - DALRADA FINANCIAL CP (OTCBB) Date Open High Low Last Change Volume % Change 02/23/06 0.0080 0.0080 0.0052 0.0053 -0.0022 85830592 -29.33%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 9150484
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 4833940
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 6276662
quote:Originally posted by New_Ventures: I called DRDF -- tyhe person we need to speak with is RANDY -- dont have last name --- I have been wondering if their has been institutional selling today -- has to be --- no way there are that many shareholders dumping
Ok, quick question.
With the profits they have reported, then why would they need to sell stock?
Not criticizing you just throwing this out there.
I'm as baffled as anyone else.
If their not selling stock, then it has to be the MM's were caught with their pants down and needed shares bad. I mean there for a while 5000 block trades were moving the stock up pretty quick and down just the same.
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I dont think this is done yet still way too many buys for this not to run ---I mean Damn when you can report earnings of that magnatude there is no way this should be trading where it is
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I sure wouldn't be surprised to see that happen. Revenues were very nice in the last report, this should be much higher. Something very strange happened today. My personal opinion is this will head back up tomorrow. Keep a watch, we shall see.
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Entry into Material Agreement, Financial Statements and Exhibits
ITEM 1.01. Entry into Material Definitive Agreement
On February 13, 2006, Dalrada Financial Corporation issued convertible notes to various investors in exchange for Gross proceeds of $5,000,000, with $4,384,800 of net proceeds going to the Company. $1,757,902 of the net proceeds were used directly to pay debt settlements.
The convertible notes mature in two years, at a 15% per annum interest rate and call for monthly interest payments with the principal due on maturity. If Dalrada defaults on the interest payments, the investors will have the right to convert the notes into common shares at a seventy-five percent (75%) discount to market price. In addition, warrants for 1,352,000,000 shares of common stock with an exercise price of $.005 were issued to the investors as part of the funding. These warrants expire in seven years and have a cashless exercise provision.
Concurrent with the funding, certain Dalrada investors holding convertible notes exchanged such notes plus any related accrued interest and penalties, for new notes with the same terms as referenced above. These notes are valued at $2,545,093.
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They borrowed $$$ and if they can't even pay the interest each month, they forfeit over a billion shares of stock-That's my take....sounds like a possible dilution if they can't pay the vig...
Looks like bad news to me
Matto...what ya think?
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions
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THE 8K IS GOOD..they are rapaying the debt and with a strong rev and profit all debt will be paid off in 1 year..the issue of warrants is only a backup..going up from here
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And I can't find a website of "Atlas Stock Transfer Corporation", else I would mail them.
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