posted
While you boiler room bozos were busy pumping the same old crap I turned this one into a 4x bagger in just a coupla days. I thought you fellas were working overtime these days?...lol A R/S was just completed with half of it's 500,000,000 O/S retired (now 250,000,000 O/S). This leaves a clean shell with an ultra low float that is looking to do a R/M real soon. Mr. Keating is a master of the R/M. Everything he's touched has turned to gold. Check it out...
posted
Any ideas what he plans to reverse merge into?
Double check the current O/S. I know A/S is 250 Mil but Friday's gain off of 3 Mil trading makes it look like its more around 25-40 Mil O/S rather than the full 250 A/S.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
| IP: Logged |
posted
According to the OCTBB daily list the Reverse Split has not happened yet. One clue that this Bozo has to that is that the symbol hasn't changed and it has not appeared on the daily list. This is a requirement prior to a Reverse Spilt.
As far as I can tell a Reverse Merger could take place but no target company has been named. If I wrong please show me.
Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
posted
IMPORTANT INFORMATION: Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change of Fiscal Year.
QuikByte has amended its Articles of Incorporation to reduce its authorized capital stock. The amendment reduced the authorized common stock from 500,000,000 shares, with a par value of $0.0001 per share, to 250,000,000 shares, with a par value of $0.0001 per share. The amendment also reduced the authorized preferred stock from 100,000,000 shares, with a par value of $0.0001 per share, to 10,000,000 shares, with a par value of $0.0001 per share. These amendments became effective upon the filing of the Articles of Amendment to the Articles of Incorporation (the "Amendment") with the Colorado Secretary of State on March 2, 2007. A copy of the Amendment is included as Exhibit 3.3 to this Current Report and is hereby incorporated by this reference.
The Amendment also provided for a 1-for-20 reverse stock split ("Reverse Split") of QuikByte's common stock outstanding effective March 7, 2007. *************************************************
Posted by: Jim Bishop In reply to: Blue_Horse_Shoe who wrote msg# 149 Date:3/10/2007 12:52:28 PM Post #of 201
"I'll repeat myself, using their own words from the filings.
The important words here are "subject to".
"The amendment also provided for a 1-for-20 reverse stock split ("Reverse Split") of QuikByte's common stock outstanding on March 7, 2007. Subject to compliance with Rule 10b-17 promulgated under the Securities Exchange Act of 1934
And this, again from the filings:
"Accordingly, upon the effectiveness of the Reverse Split"
Now, having said that, it's now only a 1:20 reverse and it is Keating and good things generally happen with Keating.
Have fun and good luck."
Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by The Bigfoot: Any ideas what he plans to reverse merge into?
Double check the current O/S. I know A/S is 250 Mil but Friday's gain off of 3 Mil trading makes it look like its more around 25-40 Mil O/S rather than the full 250 A/S.
Filing says OS about 65m:
quote:Accordingly, upon the effectiveness of the Reverse Split, and following the issuance of the Shares to KI Equity under the Purchase Agreement and the share cancellations by the Former Principals and Ponce, QuikByte will have approximately 64,702,451 shares of common stock outstanding, subject to the round up for fractional shares in connection with the Reverse Split.
gotta admit, though, I don't see how pps rise from .01 to .03 makes a 4-bagger... but, hey, if Jim likes Keating's plays, sounds like sumpin' to watch...
quote:Originally posted by The Bigfoot: Any ideas what he plans to reverse merge into?
Double check the current O/S. I know A/S is 250 Mil but Friday's gain off of 3 Mil trading makes it look like its more around 25-40 Mil O/S rather than the full 250 A/S.
Filing says OS about 65m:
quote:Accordingly, upon the effectiveness of the Reverse Split, and following the issuance of the Shares to KI Equity under the Purchase Agreement and the share cancellations by the Former Principals and Ponce, QuikByte will have approximately 64,702,451 shares of common stock outstanding, subject to the round up for fractional shares in connection with the Reverse Split.
gotta admit, though, I don't see how pps rise from .01 to .03 makes a 4-bagger... but, hey, if Jim likes Keating's plays, sounds like sumpin' to watch...
I agree, Tex. Jim is pretty savvy. I have radared this stock but think I will wait to see that the Reverse Split has been enacted first. The reverse split would signal that a merger is comming. Can't see Keating sitting on a shell too long.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
posted
Yes sir, a 4x bagger! I bought this at .007 awhile back and sold at just under the current close of .03 . And to think this was next to nothing just a coupla short months ago before running to almost a nickel. Not a bad run on that score. I'll still take the four aces with no complaints.
I still think this one has a lot of potential. Especially with Mr. Keating at the helm. He specialty is R/M and his track record speaks for itself. Could this be the next LFZA? I don't know. But the makings are there. I suspect a small pullback after which I'm jumping in again for the volatility play. To quote Buzz Lightyear: "To infinity!...and beyooooond!"... Let 'er rip, Buzz.
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
| IP: Logged |
posted
ran out of energy tonight. gonna have to read this one some more. dagone charts won't load this either.
good luck beech.
"piggyback registration rights to KI Equity with respect to the Shares."???
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
13:40 03/16/2007 QKBY Quikbyte Software, Inc. Common Stock QBYT Quikbyte Software, Inc. New Common Stock 1-20 R/S **
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
