posted
Pinksheets has 8ks and form 4s listed. From what I saw since the first of the year, our ole buddy ray received 2.4 BILLION shares of common and 67 MILLION Preferred B shares. His lackey Kwong must have pizzed him off because he only got 53 million of common and Preferred B shares. There are 3 other form 4s for more than 3 BILLION shares that were given to both but it says they were disposed of. probably in the open market. Also the 8k's mention millions of shares issued as non registered shares for payments. That tells me everything I need to know about the prefered shares. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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posted
great and here is the thing, how many common shares will he get when he converts his preferred? That should be in the company bilaws are something. hmmm Thanks Tman
quote:Originally posted by letitrideboy: great and here is the thing, how many common shares will he get when he converts his preferred? That should be in the company bilaws are something. hmmm Thanks Tman
Yeah thanks Tman and good question...
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posted
So how fearful is anyone on keeping this new stock for 1 or 2 yrs, if say u didnt need the money for other stocks or something else?
If given a choice, would you leave now and break even? or maybe take an automatic 200/300% return after conversion and then also have the possibility of the stock going up from new price over the 2 yrs.
I doubt they go bankrupt personally. I think they could maintain a penny a share. However, it could end up being higher or lower?
But, if the 20 day avg is say a .01, then with a 4 for 1 tradeoff, and buying JPHC at .0006, you'd end up with a nice 300% gain in ur account balance right off the bat. Then just pray it dont go down after 2 yrs. thats the gamble
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posted
ajman, as usual, your posts are thoughtful and logically presented. You put words to my original scenario. From there, we should expect bashing - serious bashers. Instead/additionally, we get group visitors claiming to own the float. Testimonials from multiple group owners. This post is from page 54?...
quote:Originally posted by DrWho: To be totally honest, the APO shares we are gauranteed are leverage... leverage to stay until we can see if there is INDEED a massive short squeeze to occur. Even if nothing happens, the potential for a 5 banger in a REPORTING OTBCC company that now has DOUBLED its revenues with Macro (15 billion) is not bad to use as a last resort.
My goal is the pennies in JPHC... and the more we squeeze the Shorts come May 7-10... the more chance this will happen.
The Doctor
The next post, also from the doc, reads...
And yes, the crew of longs is still hanging out until the end. We still own the float ourselves... everyone else above that is GRAVY!
The Doctor
-------------------- DrWho
When someone heralds 'power to the little peeps, teach those MMs a lesson' and encourages holding through the merger, then I have to admit my original scenario is no longer valid. IMO - we will see an improvement in JPHC pps simply because it is a sweet merger deal, but I would be surprised if it is squeezed into the pennies or, for that matter, above .0048.
Looking at JPHC volume from the beginning of time, I don't see evidence of negative float - which again throws all of my research and trading skills out the window if there is a negative float. What I 'see' is usual trading patterns - healthy run-ups, profit-taking, resting for accumulation, all the standard stuff. I've watched how easy it is to corral the MMs on this one. There's more involved here than we know.
So, I have one general question... Is anyone from allstocks (long-time) in this group of 150?
And I will repeat a specific question... Doc, did your group acquire the JPHC float in the open market (all, part, or none)?
In stead of multiplying your shares by .25 to get the conversion ratio, based on .0145 you multiply your shares by .34 to get the true exchange ratio
I've only got 2.5 million left sitting in an IRA. No matter what, my 2.5 million shares are going to be worth $12,500 once this deal closes.
APOA has over 20 billion shares to issue to buy another company (2, 3, 4 etc...) and give them restricted shares as well. At least JPHC'ers are first in line for the restriction to be lifted.
If APOA/JPHC is so worried about a dump after the conversion if the shares were free trading right away, what is to make us think that the first day the shares become tradeable that the stock won't dump?
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quote:Pinksheets has 8ks and form 4s listed. From what I saw since the first of the year, our ole buddy ray received 2.4 BILLION shares of common and 67 MILLION Preferred B shares. His lackey Kwong must have pizzed him off because he only got 53 million of common and Preferred B shares. There are 3 other form 4s for more than 3 BILLION shares that were given to both but it says they were disposed of. probably in the open market. Also the 8k's mention millions of shares issued as non registered shares for payments. That tells me everything I need to know about the prefered shares. TMAN...
TMAN. the millions of shares mentioned on 8Ks are restricted so they didnot and willnot hit the market before conversion to apoa. Also the if you look at the 8Ks for the shares that went to Hawkins and Kwong, including the ones that show disposed of on the Form 4s, they are also restricted and thus not on the market.
Hawkins and Kwong have collectively 200M shares of preferred stock and the rest is common restricted that will go thru the merger. I don't know yet what the conversion is or will be for the preferred stock but it is also restricted, so the recent spike in volume has not come from them. I am trying to find out how the preferred stock will be handled in the conversion, because IMO, that will be a telling sign of things to come. If the preferred is converted into restricted shares, that only reinforces my theory that there is much more to come in this merger that we don't know about. When I find out I will post back here.
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quote:If APOA/JPHC is so worried about a dump after the conversion if the shares were free trading right away, what is to make us think that the first day the shares become tradeable that the stock won't dump?
Roiresearch, before the restricted shares in apoa are traded there will have to be a RS. It will need to be done for apoa to keep control of the company, otherwise shareholders would vote them out. Logically there will be a RS. However in my opinion this is not a bad thing at all. If the pps for apoa is .005 (just an example) at the time of a RS of 100/1 (again just an example) the pps would increase to $.50 and the OS would decrease to around 100M. If they RS the AS as well then the AS becomes 250M shares.
Who here after having expierence in investing in OTC and Pinksheets stock would not find the following OTC company attractive for investment.
AS.........250M OS.........100M no debt (all cleaned up before merger with restricted shares) and revenues of 20-30 million per year.
Looks better than 90% of the OTC companies out there.
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posted
ajman, even after a R/S doesn't mean that the stock price will reflect the split. There are some out there like IGTG that after the R/S they were at the same PPS as before teh split. If either company products any type of profits, there was no need in a 25 billion A/S. worst case scenerio is that they would have to issue 10 billion shares which was the O/S of JPHC. It makes you question what they are going to do with the extra 15 billion shares. APOA has had a lot of S-8's. you have to look at their past combined with JPHC's past, well, it is about that time of year for JPHC to switch companies and start the dilution all over again. Call me a basher, that is fine, but i ask that you just look at their past.
what is the old saying? "once a cheater, always a cheater"
Good luck on your investment, I do not hold a position for I sold it last week on the way down from the spike. But i feel i was stolen from this whole time. Good Luck to all.
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posted
At least initially, 2 more things to consider on apoa's side of this. 1) They had to up their AS to such a large amount to cover the transaction. 25B shares though? Yes, and here's why. If for instance apoa's 20 day average dropped to .025 the day of the merger they would need approx. 20B shares to cover the deal. So, yes its alot of shares but it had to be done.
2) Again, at least initially, the shares would have to be restricted or apoa would not have the authority to carry out the REST OF THE PLAN whatever it may be. If they were not restricted and all of a sudden they had 20B new shares, anything they did would have to be put to a vote. With the general attitude of shareholders at this point because we don't know the full extent of the merger, I am reasonably sure that shareholder confidence or lack of it would ruin the company nearly immediately.
I don't call anyone a basher unless its obvious. This is why they had to increase the AS. This is also why I feel they will need to RS once settled.
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When a stock goes thru a RS the price mustgo up by that same multiple. It has to period. The problem comes in when a company doesn't have the structure to support the RS price. You're right bmw in that when alot of companies go thru a RS their price just drops right back down where it was. Look at the financials of the companies that you know of that have done this.
Now look at what the financials of the apoa would be post conversion and post RS.
AS 250M shares OS 100M shares pps around $.50 no debt
Better than most you see today. I think this type of structure with revs in the 20-30 million dollar range would easily support this price and probably increase from there not decrease.
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posted
ajman, i think you need to go back and read the 8-K a little better. From the 8-K:
CONVERSION OF THE TARGET COMMON STOCK OF TARGET . Each share of Common Stock of TARGET issued and outstanding immediately prior to the Effective Time shall be converted into and become a right to receive one-quarter (0.25) of a Share of Common Stock (“Conversion Price”), subject to adjustment as provided herein, of the PARENT (the “Issuable Shares”) and shall automatically be canceled and retired and shall cease to exist. The Conversion Price is premised on the market price of the PARENT’s common stock at the time of execution of this Agreement, being $0.02 per share (“Market Price”).
what is is saying is that JPHC shares would be valued at .005 and APOA would close at .02 you would get 1 share of APOA for every 4 shares you own of JPHC. I understand the 20 day avg.
This is general:
Say you own 1,000,000 of JPHC.
1,000,000 * .25 = 250,000 shares of APOA you would recieve.
So if you take JPHC O/S which is taken from the 8-K:
SECTION 3.02 CAPITALIZATION
The authorized capital stock of TARGET consists of 10,000,000,000 shares of common stock, $0.0001 par value per share, and 500,000,000 shares of preferred stock, $.0001 par value per share. As of the date of this Agreement, there were approximately 9,907,123,955 shares of common stock issued and outstanding.
So you take the O/S:
9,907,123,955 * .25 = 2,476,780,989 new shares
there is NO reason to issue 25 billion shares when 2.5 billion is only needed. I think you left a 0 out when you put .025. if it sinks to .0025 then yes, you would get 2 shares of APOA for every 1 of JPHC. But why would this stock tank THAT far. it has to say something about the company also. Just my thoughts.
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posted
I'm not saying that it would tank to .0025 (and yes I did leave out a 0 sorry about the confusion), what I am saying is as long as they had to increase AS to cover the deal anyway, they needed to be sure that they would have the shares available to do it no matter what happened. They would not want to go into the deal on May 10th and not have the available shares to consummate the deal.
All I'm saying is that if they do as stated above in my post they wind up with a very attractive OTC company with good revenues and no debt that the pps would probably increase instead of decrease in. But I don't know if they will do this and honestly neither do you.
If it is as you say and the pps stays up and they only end up needing 2.5B to finish the deal and they don't reverse split, then there is a real problem and I think it would kill the company. So, IMO, they could go either way, why would they choose to not RS and not have a healthy company.
Its all speculation BMW, and I'm just trying to look at it logically. But then you're right it could go the other way.
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posted
I've seen more r/s where the a/s will remain the same
Let's assume APOA issues all 25 billion shares and needs a 100:1 r/s to get back to 250 million
Nothing is written in stone, so you cannot assume that if there is a r/s that the a/s will be adjusted accordingly. I believe MRKL is a good example.
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posted
Hawkins and Kwong are going into this with control of up to 4.7B shares common restricted which will go thru the conversion the same as ours. With that much money on the table don't you think they probably have some sort of garentee that this won't be destined to go back to the Pinks with a pps o .0001 before restrictions are lifted and they can sell their shares. I think they know more than we do about this. It also says in the 8K that no additional perks are given to any stockholders in the company. So what Hawkins and Kwong have going in is unsecured jobs as CEO and CFO of the new jupiter and collectively 200M shares preferred of the old jphc that we don't know what the conversion is and then the up to 4.7B of common.
Personally, I think they know about the future plans that isn't public knowledge yet or why else would they tie up there monies in this deal?
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posted
With this talk of a reverse split consider this:
1. Merger conversion - Own 4 JPHC, Get 1 APOA 2. Reverse Split within 2 yr restriction period after merger/conversion - 4 to 1 w/ no change in share price.
What does that calculate to? APOA will have just got JPHC for free, IMO.
Question: Can they reverse split restricted shares?
Another scenario, not in our favor:
1. You go into the merger w/ shares restricted for 2 years. 2. On the 22nd month of restricted period, APOA merges w/ another co. under the same scenario - your APOA shares will now be restricted ANOTHER 2 years under that co.
Lord have mercy on us this week!!!!!!!!!
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e-mail i received from IR Glenn The exchanged shares are subject to Rule 144 of the Securities Act of 1933 which states that the subject shares are restricted for a period of two years. After the first year a limited amount of shares can be sold by non-affiliates based on market volume or issue and outstanding shares amount.
In the Form 14c filed recently by APO Medical a corporate name change was approved. If the name change is made effective then the Company must apply for a new ticker symbol.
If all the exchange shares become free trading there is a strong probability that a massive sell off would occur and the share price could be depressed.
I hope this answers you questions. Feel free to contact us if you need further clarification.
posted
AJ, you may be right about the shares being restricted and not being dumped but since they dont report anymore and they gave themselves 3 billion shares 2/3 months prior to this fiasco, we have no idea what happens with those shares. One day this week we had a 2billion day. The form 4 says they were disposed of. Doesnt that mean they were sold into the market? Why dispose of the preferred? Heck that wasnt discussed in the press release and I am not rereading that long ass 8k to find out. Sorry. The one thing that I like is that part about being a good deal to the shareholders. yeah, ray and his lackey kwong. They are share holders or were at one point. TMAN... PS repo, glad to here you did the squats, make sure you have a water based lubricant, oil based products can cause problems. lol TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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Just read that email, wow I am impressed... Glen is the guy I spoke to right after this fiasco hit the wires. Just a regular guy answering the telephone. Bunch of bastuds... TMAN... BTW I just want everyone to know that I own shares of this pos and I will sell this week at some point. I dont want anyone thinking I am bashing and not owning. I own so therefore I have the right to make my opinion known right or wrong, whatever that may be. Have a great week trading. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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I decided to ride this til end of week. Will do calculating on Thurdsay night and decide to hold or not, maybe I make a gain or take a loss, who knows. If all is right, I can make 50% gain, and take out original investment and ride free shares and see what happens over 1 to 2 yrs. Yes, stocks like NDOL, RSHN, PBLS, and others will go up this week, but, Im going to give this to end of week. Now somebody pass me another drink! lol
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If Hawkins and Kwong were dumping shares they would not have the shares available to sign this deal and there would have to be a proxy vote. They had about a 200M share majority in their control. If more than that was sold they could not sign without a proxy vote, so it's not coming from them.
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posted
This whole debacle still blows me away. Merger says conversion value of 1 JPHC common is .005, yet the current price of JPHC is .0005 - 1/10th of conversion value.
posted
I just think this stock already has it's longs in. Sadly and flippers may be to scared to touch it? NO clue, I still think it will go up somewhat. Just don't know how far
quote:Originally posted by dkinvest: This whole debacle still blows me away. Merger says conversion value of 1 JPHC common is .005, yet the current price of JPHC is .0005 - 1/10th of conversion value.
Anyone want to post their thoughts as to why this is presently at 1/10th of the conversion value?
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