quote:Originally posted by cactus33: STNL looking cheap right now imo..
agreed STNL OS 123M per TA today
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
STNL touched .0004 today, now sitting at .001 and running up into the close, 132mil o/s...
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
TRNP- The number of shares outstanding of our common stock at November 6, 2007 was 104,522,422.
Started the AM at .0005/.0006, now at .0006/.0008. Looks like it's primed. Was a hard fill at .0006.
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posted
I bet you fill now- back to .0005/.0006 AUTO is the MM on the ask, and he can be a diluter...hopefully he isn't or it won't be too bad.
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Hey cactus. I think we will get a nice bounce
quote:Originally posted by cactus33: got in CLXN the other day JUICE, I like this one
quote:Originally posted by J_U_ICE: CLXN .0017
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quote:Originally posted by cactus33: no kidding, lol what was that? mirror trade..the games they play, lol
quote:Originally posted by J_U_ICE: Strange EOD cactus!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
CLXN filing just came in today feb 14th..230 mill OS
and i noticed this
MURRIETA, CA, Jan 18, 2008 (MARKET WIRE via COMTEX) -- CLX Investment Company, Inc. (OTCBB: CLXN), which owns 51% of Zonda, Incorporated, a developer and manufacturer of unique diagnostic tests for the medical and non-medical markets, today announced that Pat Edgerton, a member of the company's Board of Directors, has filed a Form 4 Statement of Change in Beneficial Ownership of Securities with the Securities and Exchange Commission regarding the acquisition of CLX common stock.
The Form 4 reported two stock acquisition transactions for Mr. Edgerton, the first for 10 million shares at a price of $.01 on August 29, 2007 and the second for 1.125 million shares at a price of $0.008 on December 7, 2007. As a result of acquiring these shares, the Form 4 reports that Mr. Edgerton now holds 13,791,666 shares of CLX common stock.
"I am pleased to add to my common stock position at this stage of the company's development, especially as we prepare for the initiation of clinical trials for Zonda's rapid point of care test for Chlamydia," stated Mr. Edgerton.
CLX anticipates a mid- to late-first calendar quarter 2008 beginning for the clinical trials.
To sign up to receive information by email directly from CLX Investment Company when ne
quote:Originally posted by J_U_ICE: That's what I was saying to my screen. LOL
quote:Originally posted by cactus33: no kidding, lol what was that? mirror trade..the games they play, lol
quote:Originally posted by J_U_ICE: Strange EOD cactus!
posted
Yeah I saw the form 4s. That's why I was watching for bottom. Looked at todays filing for a minute just to see share structure. I think we will get a nice bounce here
quote:Originally posted by cactus33: CLXN filing just came in today feb 14th..230 mill OS
and i noticed this
MURRIETA, CA, Jan 18, 2008 (MARKET WIRE via COMTEX) -- CLX Investment Company, Inc. (OTCBB: CLXN), which owns 51% of Zonda, Incorporated, a developer and manufacturer of unique diagnostic tests for the medical and non-medical markets, today announced that Pat Edgerton, a member of the company's Board of Directors, has filed a Form 4 Statement of Change in Beneficial Ownership of Securities with the Securities and Exchange Commission regarding the acquisition of CLX common stock.
The Form 4 reported two stock acquisition transactions for Mr. Edgerton, the first for 10 million shares at a price of $.01 on August 29, 2007 and the second for 1.125 million shares at a price of $0.008 on December 7, 2007. As a result of acquiring these shares, the Form 4 reports that Mr. Edgerton now holds 13,791,666 shares of CLX common stock.
"I am pleased to add to my common stock position at this stage of the company's development, especially as we prepare for the initiation of clinical trials for Zonda's rapid point of care test for Chlamydia," stated Mr. Edgerton.
CLX anticipates a mid- to late-first calendar quarter 2008 beginning for the clinical trials.
To sign up to receive information by email directly from CLX Investment Company when ne
quote:Originally posted by J_U_ICE: That's what I was saying to my screen. LOL
quote:Originally posted by cactus33: no kidding, lol what was that? mirror trade..the games they play, lol
quote:Originally posted by J_U_ICE: Strange EOD cactus!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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**** Posted by: olico ™ In reply to: monkey123 who wrote msg# 32476 Date:2/15/2008 8:11:13 PM Post #of 32478
Rule 144 treats affiliates of the issuer much more strictly than it treats non-affiliates. The Rule applies to the sale of restricted (unregistered) stock by a non-affiliate. However, the Rule is far more imposing on affiliates; the Rule governs any sale of stock (both restricted and registered shares) by an affiliate of the issuer, and the Rule applies to affiliates indefinitely. Loosely defined, affiliates are control persons and other insiders, but we'll take a closer look at the definition of affiliates below.
With respect to sales of stock by an affiliate, Rule 144 imposes significant sales volume restrictions upon non-affiliates selling restricted stock, and upon affiliates selling either restricted or registered stock. Rule 144's volume restrictions are commonly referred to as "dribble out" provisions. We can distill the volume limitations as follows:
*Non-affiliates are not subject to any volume restrictions after holding a reporting issuer's stock for six months, or a non-reporting issuer's stock for one year. *Affiliates are subject to volume restrictions as long as they are affiliates.
The dribble out provisions limit the amount of stock that can be sold in any 90-day period. The volume restriction dictates that sales in a 90-day period cannot be more than the greater of the following: *1% of the issuer's total outstanding shares, or, *The average reported weekly volume in an issuer's stock for the four weeks immediately preceding the filing of Form 144 (if the issuer trades on a stock exchange or NASDAQ--OTC and pink sheet companies can only be sold using 1% rule).
As an example, assume ABC Corp., listed on NASDAQ, has 10,000,000 shares outstanding and traded 25,000 shares in each of the 4 weeks prior to the filing of a potential seller's Form 144. The dribble out provisions allow a seller to sell the greater of 1% of the total shares outstanding (in this case, 100,000 shares), or the average weekly volume for the prior four weeks (in this case, 25,000 shares). Thus, the seller can sell the greater number, up to 100,000 shares in the 90-day period.
Who Is an Affiliate?
Because Rule 144 applies differently to affiliates and non-affiliates, it is important to know who is an affiliate. The Rule dictates that affiliate status attaches to any person who directly or indirectly controls, is controlled by, or is under common control with the issuer. Rule 405 defines "control" as the "power to direct . . . the management and policies" of an issuer, whether by ownership or position. Thus, directors, officers, and upper-level managers are clearly affiliates. Owners of 5% or more are typically considered affiliates, but be careful--while the 5% figure is widely relied upon, you won't find the 5% figure in any rule or statute on the subject.
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