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MadJack

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Couldn't stand it...when I saw this thread last week bought a July call 7.00 strike...

If the guidance and conference call go well, you will make out nicely. :0074

I'm feeling pretty good right now myself.
 

MadJack

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Probably a good buying opportunity.
 

MadJack

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UNBELIEVABLE! LYING FUKS! CEO SAID IT WOULDN'T HAPPEN, NOT UNTIL THEY WERE IN A POSITION OF STRENGTH. FUCK HIM!!! FUCK THEM!!!

I'm bailing out first thing in the morning. Well, I might give it 30 minutes but that's about it. Reverse splits never work out. I'm done.

The Company also announced today that it expects to shortly file a preliminary proxy statement with the Securities and Exchange Commission in which it will seek shareholder approval for a reverse split of between 1-for 20 and 1-for 80 shares. The Company is pursuing the reverse split for the sole purpose of meeting the requirements necessary for a listing on the Nasdaq Global Market.
 

Skulnik

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Jan 24, 2012

LANZA ROBERTOfficer

6,658,300

Direct

Sale at $0.19 per share.

1,265,077



Jan 23, 2012

LANZA ROBERTOfficer

1,000,000

Direct

Sale at $0.18 per share.

180,000


And you know this CockSucker sold these shares knowing full well of the Reverse split.

Criminal, IMO.
 

MadJack

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Jan 24, 2012

LANZA ROBERTOfficer

6,658,300

Direct

Sale at $0.19 per share.

1,265,077



Jan 23, 2012

LANZA ROBERTOfficer

1,000,000

Direct

Sale at $0.18 per share.

180,000


And you know this CockSucker sold these shares knowing full well of the Reverse split.

Criminal, IMO.

Duped again. I said it before, but this time I really mean it; NO MORE PENNY STOCKS.

There's still a wild long shot for good news this morning at the CC :facepalm:

Otherwise Rabin is a stoned cold liar to the shareholders forEVER!

How the hell can you lie to shareholders like this? Holy SHIT!

I guess millions of dollars talks and shareholders hold the bag and take it up the ass. Wow!

Just wow!
 

MadJack

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Listen to this guy :facepalm:



<iframe width="420" height="315" src="http://www.youtube.com/embed/7yboVw8PSaw" frameborder="0" allowfullscreen></iframe>
 

MadJack

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Right now all he's doing is pumping how great the trails are going :rolleyes:

He has lost all credibility as far as I'm concerned. I don't believe a word he is saying. He should be addressing the RS split because that's all anybody wants to hear.

This is nothing but a sales pitch and that's exactly what it sounds like.
 

MadJack

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He's now pumping how the RS will get them on the NASDAQ and how important that is and how great it will be. Bunch of crap sales pitch. Back talking everything he has said in the past. I can't wait for the question and answer session at the end.

Now he's pumping the technology they have now and how great they are.

I'm looking for the best shot to GTFO.
 

MadJack

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I will sell at .09 rather than take any chance. Why would I buy this company at $8.00? I wouldn't. I was looking for a miracle to go from 10 cents to 10 dollars. It will not go from 8 dollars to 800 dollars. Screw them, I'll buy a real company for $8.

:sadwave:
 

MadJack

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.095 now

My finger is on the button.
 

MadJack

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4 years I have been in this thing :facepalm:

At least I didn't get my ass whacked like I thought last night.
 

MadJack

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I'm out.

Did you watch that video I posted above? How can I trust that guy and what he says ever again?

He doesn't give 2 shits about the shareholders but he's making MILLIONS. Holy Shit.

He's pumping that the institutions will be buying, the sophisticated will be buying now. :rolleyes:

I have never seen a reverse split work out. Never. I know there are a few but 99.9% go down.

If this reverses to $8 a share, it won't take 6 months for it to be back to 8 cents and they will make multiple MILLIONS :lol:

What a joke.
 

MadJack

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ACTC

ACTC

It feels weird not owning this after about 4 years in it.

I'm surprised it didn't completely collapse on Friday but not kicking myself for selling it either.

I was in this thing for at least a 10x winner or even 20x plus. If this reverse splits to $8 or even $6 or $5, there's no way it will get to $50 or $60 much less $500. I was in for the big score and they took that away from us.

I would have gone from 300K shares to well under 5000 shares. They can have it.

I still think this thing tanks. Maybe it will tank after the split. Who knows....
 

redsfann

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Sold enough ACTC @ .101 so the 15K I have left is a free roll....if it goes to zero, I at least broke even. If I can dump what I have left after the RS and make a few bucks, that is OK, too....
 

MadJack

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The reverse split is total bullshit, they don't even come close to qualifying. All the RS split will do is cut down on the o/s and a/s giving them room to dilute more and more again as they need the money.

Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.

The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the minimum bid price at time of listing must be greater than five dollars, and there must be at least three market makers for the stock. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.

Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.

Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.

A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.

It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.

Read more: http://www.investopedia.com/ask/answers/121.asp#ixzz1oKsFqCPm
 
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