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Vitesse Semiconductor Corp. Message Board

stockyardbull4 13 posts  |  Last Activity: Oct 20, 2014 12:29 PM Member since: Aug 20, 2009
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  • stockyardbull4 by stockyardbull4 Oct 20, 2014 12:29 PM Flag

    Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement. 4,000,000 offered for sale

  • Reply to

    Cubley's a genius!!

    by stockyardbull4 Oct 17, 2014 5:32 PM
    stockyardbull4 stockyardbull4 Oct 17, 2014 8:09 PM Flag

    Agreed!!

  • stockyardbull4 by stockyardbull4 Oct 17, 2014 5:32 PM Flag

    From October 11, 2014, through October 17, 2014, we issued 3,228,261 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.0128 per share. The issuance of the Shares constitutes 17.9% of our issued and outstanding shares based on 17,975,177 shares issued and outstanding as of October 10, 2014.
    From October 3, 2014, through October 10, 2014, we issued 3,055,000 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.0143 per share. The issuance of the Shares constitutes 20.476% of our issued and outstanding shares based on 14,920,177 shares issued and outstanding as of October 3, 2014.
    From September 27, 2014, through October 3, 2014, we issued 1,278,654 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.0304 per share. The issuance of the Shares constitutes 9.37% of our issued and outstanding shares based on 13,641,523 shares issued and outstanding as of September 26, 2014.
    From September 13, 2014, through September 26, 2014, we issued 3,205,000 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $0.035 per share. The issuance of the Shares constitutes 30.7% of our issued and outstanding shares based on 10,436,523 shares issued and outstanding as of September 12, 2014.

  • stockyardbull4 by stockyardbull4 Sep 18, 2014 3:59 PM Flag

    What if they file bankruptcy and don't send out any Wockets and keep all the money?

  • stockyardbull4 by stockyardbull4 Sep 17, 2014 3:47 PM Flag

    We have about 9 months to load the boat in my opinion.

  • stockyardbull4 by stockyardbull4 Sep 15, 2014 11:19 AM Flag

    I did find this article:
    http://todaysnewsgazette.com/isis-selling-iraqi-oil/

  • stockyardbull4 by stockyardbull4 Sep 15, 2014 11:11 AM Flag

    I have read that ISIS is selling a barrel of oil for $ 40. I can't seem to find out to who but shouldn't this affect oil stocks? I must admit I don't have much knowledge on how the system works.

  • stockyardbull4 by stockyardbull4 Sep 10, 2014 1:25 PM Flag

    This leads us to one of the major red flags around the company though – the dilution of the common stock. During the twelve months between July 2012 and July 2013 a total of 163, 641,547 shares were issued. For the first six months of 2014 another 87 million shares have seen the light of day. The amount of outstanding shares as of August 8 was 463 million but that number is more than likely going to become even bigger when you take into account the S-3 statement filed for the registration of another 75 million shares.

  • Reply to

    New stock and warrants

    by stockyardbull4 Sep 10, 2014 9:19 AM
    stockyardbull4 stockyardbull4 Sep 10, 2014 10:18 AM Flag

    I heard you just learned!!

  • stockyardbull4 by stockyardbull4 Sep 10, 2014 9:19 AM Flag

    Offered at $ 2.75
    SHELTON, Conn., Sept. 10, 2014 /PRNewswire/ -- Nxt-ID, Inc. (Nasdaq:NXTD and NXTDW) ("Nxt-ID" or the "Company"), a biometric authentication company focused on the growing mobile commerce market, today announced the pricing of an underwritten public offering of 2,127,273 of shares of common stock and warrants to purchase 2,127,273 shares of common stock at a combined public offering price of $2.75 per share and related warrant.

  • stockyardbull4 by stockyardbull4 Aug 13, 2014 2:50 PM Flag

    That is one twentieth of a penny!!
    This is the biggest joke of a company I have ever seen!

  • stockyardbull4 by stockyardbull4 Aug 6, 2014 11:26 AM Flag

    (1) On June 10, 2014, the Board of Directors of the Company approved:
    a. to increase the number of authorized shares of the Company’s Common Stock from 50,000,000 shares
    to 500,000,000 shares (the “Increase in Authorized Common Stock”);
    b. to reduce the par value of the Company’s Preferred Stock from $10.00 per share to $0.01 per share
    (the “Decrease in Preferred Stock Par Value”); and
    c. adoption of the Company’s 2014 Stock Incentive Plan (the “2014 Stock Plan”).
    (2) On June 18, 2014, the Company received written consents in lieu of a meeting of the Stockholders from
    holders of shares of voting securities representing approximately 57% of the total issued and outstanding
    shares of voting stock of the Company (the “Majority Stockholders”) to authorizing the Increase in Authorized
    Common Stock, Decrease in Preferred Stock Par Value, and the 2014 Stock Plan.

  • stockyardbull4 by stockyardbull4 Jul 30, 2014 1:58 PM Flag

    Los Angeles, CA / ACCESSWIRE / July 21, 2014 / Ironridge Media Co., a division of Ironridge Global IV, Ltd., has obtained a final judgment in excess of $1 million against The Digital Development Group Corp. (DIDG), aka DigiDev, for breach of contract.

    In the case entitled Ironridge Media Co., a division of Ironridge Global IV, Ltd. v. The Digital Development Group Corp., Case No. BS144048, the Superior Court of the State of California for the County of Los Angeles awarded Ironridge $850,000 in damages for DigiDev's uncured material breach of the Securities Purchase Agreement pursuant to which Ironridge funded DigiDev, plus $110,169 in legal fees, plus interest at 10% per annum from July 10, 2013 until the judgment is paid in full.

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