IYSA(.01) R/M ALERT- REVERSE MERGER PER CEO- LOOK INSIDE Posted by: sonslong In reply to: None Date:4/17/2007 12:43:50 PM Post #of 44077
New shell - IYSA -clean! I verified with the the CEO of IYSA that this is a clean shell and they will be actively pursuing a RM candidate. The CEO also owns 12 million shares himself. The filing will be out today, just not sure if it will be before or after the bell. All filings will be kept current while actively pursuing a RM candidate.
Further 10k coming out today to show revenues which equates to around .06 pps with 4+million $ and OS is around 70 million for this
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Up 60% so far today. Waiting for the 10k by tonight. If it comes tonight and 4million$ income is in there and any mention of RM as CEO spoke earlier, there might be a gapper...GLA
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Posted by: icu812 In reply to: Jim Bishop who wrote msg# 1793 Date:4/17/2007 4:29:14 PM Post #of 1805
In 2006 IYSA filed an NT-10K on 3/31/06. They then filed their 10KSB on 4/21/06. On 4/2/2007 IYSA filed an NT 10K What makes people think the 10KSB is being filed today instead of around 4/20/07? Wouldn't a 4/20 date be closer estimate based to their pattern of filings in 2006?
10KSB [html][text] 202 KB Optional form for annual and transition reports of small business issuers [Section 13 or 15(d), not S-B Item 405] Acc-no: 0001172665-06-000178 (34 Act) 2006-04-21 000-26777 06771102 NT 10-K [html][text] 13 KB Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 Acc-no: 0001137171-06-000780 (34 Act) 2006-03-31 000-26777 06727134
NT 10-K [html][text] 18 KB Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 Acc-no: 0001137171-07-000437 (34 Act) 2007-04-02 000-26777 07737179
Posted by: morcash In reply to: icu812 who wrote msg# 1803 Date: 4/17/2007 4:36:24 PM Post #
Someone talked to the company and was told it would be done by end of business today. I beleive the post was from Sonslong.
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Now open to R/M candidate for Shell Haven't selected one yet but will actively seek out candidate
Meets Definition of "Blank Check" company - could become anything!
Had a working capital loss from operations of 108,969. May need to issue shares in future to sustain operations until a R/M occurs as they have no source of revenue going forward.
Certification of Incorporation allows for : 10M preffered & 100M common
T/A American Stock Trans/Trust Co. Could possible issue up to 26,775,788 if needed.
NetINcome 2006 dilluted to include Class B shares = .035per share (note previous comments of .05-.06 didn't account for class B)
3/6/2007 issued a note for $160,000 for professional fees secured by all common shares held by IYSA.
Major holders: Mohamed Juman 11M Calif Securities 10M Pacific Securitieis 11M Raplh Eisenchmid 14M Jock English 12M
Total about 58M O/S 70 - 58 insider = FLOAT OF about 12Million.
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Now open to R/M candidate for Shell Haven't selected one yet but will actively seek out candidate
Meets Definition of "Blank Check" company - could become anything!
Had a working capital loss from operations of 108,969. May need to issue shares in future to sustain operations until a R/M occurs as they have no source of revenue going forward.
Certification of Incorporation allows for : 10M preffered & 100M common
T/A American Stock Trans/Trust Co. Could possible issue up to 26,775,788 if needed.
NetINcome 2006 dilluted to include Class B shares = .035per share (note previous comments of .05-.06 didn't account for class B)
3/6/2007 issued a note for $160,000 for professional fees secured by all common shares held by IYSA.
Major holders: Mohamed Juman 11M Calif Securities 10M Pacific Securitieis 11M Raplh Eisenchmid 14M Jock English 12M
Total about 58M O/S 70 - 58 insider = FLOAT OF about 12Million.
O/S 70 - 58 insider = FLOAT OF about 12Million.---Float is real tight...should run to .03 tomorrow...lets see
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This one kills me. Its an OB. Its on the hunt for a RM candidate. It came out of bankruptsy clean. WTF??? Oh well. If it drops some more I will buy some more I guess. TMAN...
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