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ANTS SOFTWARE AŞ Message Board

  • tigerpac tigerpac Aug 10, 2010 3:02 PM Flag

    S-1 Just Filed Fletcher Selling

    Not sure if this has been reported but I think it is new:

    Fletcher International is offering for sale 19 million shares of ANTS.

    ANTS is not receiving any proceeds from the stock sale.

    http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7093098

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    • No, you follow this stock and surely knew this longggg ago. As if the date on the document couldn't tell you it's not NEW. You aren't stupid, therefore you are manipulative. Therefore any honest people here would be within their rights to give you a big FU.


      Preliminary Prospectus, Subject to Completion dated  August 6, 2010
       
      PROSPECTUS
       

       
      19,179,140 Shares of Common Stock
       
       
      This prospectus relates to the resale of up to 19,179,140 shares of our common stock to be offered by the selling security holder, consisting of (a) 3,935,257 shares of our common stock previously issued to the selling security holder pursuant to the terms of an agreement dated March 12, 2010, by and between the Company and the selling security holder, and as amended on July 15, 2010 (collectively, the “Stock Purchase Agreement”), (b) up to 11,074,197 shares of our common stock issuable to the selling security holder upon the exercise of a warrant to purchase shares of common stock granted to the selling security holder pursuant to the Stock Purchase Agreement, and (c) 4,169,686 additional shares of our common stock issuable to the selling security holder after the date hereof in connection with certain quarterly payment obligations pursuant to the Stock Purchase Agreement.

      Oh, did those warrants mentioned ever get exercised, Tigger?

    • Another idiot on ignore!

    • who comes up with all these pipe dreams--must be those silky pink sheets on the bed



      According to IDC Research, the market for database products was $20 billion in 2008. We believe Oracle, Microsoft and IBM control a substantial portion of this market. According to the numerous Chief Technology Officers, database architects and application developers at the target Global 2000 enterprises with whom we have spoken, database infrastructure costs have become one of the most expensive line items in the IT budget. These Global 2000 enterprises typically have annual database “spends” in excess of tens and, in some cases, hundreds of millions of dollars and their database budgets are growing annually. The migration cost from one database to another, even to a low-cost open-source database, is extensive due to lack of compatibility between the products' proprietary extensions. We believe there is significant interest, confirmed by our discussions with industry analysts and user groups, for a product that can provide the capability to migrate an application from one database to another

    • Remember the S-1 that was filed on August 10th.....

      <Fletcher International is offering for sale 19 million shares of ANTS>

      So far since the volume has picked up, about 10MM shares have been traded. Usually, the OTC double counts the shares (one buy and one sell) but even if they haven't and we assume that ALL shares traded have been Fletcher's, they are only halfway done with their selling.

      Ouch!

      • 1 Reply to tigerpac
      • The last four days (10/23 - 10/27) has had 5.4 million shares traded...so that brings us up to 15.4 million shares since Fletcher started selling (unless we assume that OTC has been double counting the shares).

        On the bright side, the shares price is holding pretty steady during the past week or so even with the pick up in trading volume. I'm guessing that the stock will be seeing a major promotion (pump) sometime in the next few weeks as market makers (or someone) has been accumulating too many shares down at this level..

        <Fletcher International is offering for sale 19 million shares of ANTS>

        <So far since the volume has picked up, about 10MM shares have been traded. Usually, the OTC double counts the shares (one buy and one sell) but even if they haven't and we assume that ALL shares traded have been Fletcher's, they are only halfway done with their selling.>

    • they are not selling the shares, they are registering them. Big difference.

      • 2 Replies to baron1300
      • Potential investors in FAM were “screened” to make sure that they were “friends and allies,” Fletcher explained in Stock Market Wizards, a 2003 book by Jack Schwager. As Fletcher put it, in language that called to mind Bernie Madoff, “If we were just looking to raise as much money as we could, sure, the more the merrier. [But] at this point, we just want supportive investors. It’s not worth the trouble having an investor who would be a distraction.”

        Fletcher told Schwager that he’d had a talent for investing since childhood. In junior high, he said, he wrote a computer program that could pick winners at a local dog track. By analyzing everything from finish times to weather conditions, the program could predict with 80 percent accuracy whether a dog would finish in the money. When an impressed Schwager asked Fletcher how much he’d made from his bets, the hedge fund manager demurred, saying that the racetrack took such a significant cut of his winnings, “even though we won 80 percent of the time, it still wasn’t enough to make money.” Had Fletcher thought of a similar program for beating the S & P 500? “Oh, sure,” Fletcher told Schwager. So why hadn’t he implemented it? “We’ve been very busy.”

      • Hey Baron

    • Get a clue.

      • 1 Reply to rbb1822
      • Oh, I got a clue alright.

        Stock letter pumped this up so someone, including the letter could sell out.

        Lot of bagholder's holding this stock....100+ million shares outstanding, Fletcher sell his stake, convertible offering will exchange into 19 million shares, and board want to you to increase outstanding shares to 200 million.

        Kozak get his salary doubled plus get 4 million restricted shares.

        So called great product is getting buried underneath mountains of stock and management first greed.