UPDATE: Early alert reverse mergers AXLX, COBI, BPAC and Bottom bouncer LHPT
LHPT: There was some profit taking the day of our alert. We like to see some of our members taking quick profits. We saw some selling after until a good pop hit on May 21st and 22nd hitting a high of .015 as I write this it’s around 1.29 cents. Alert went out at .01 for so far an opportunity for 40-50% profits.
AXLX: What can I say wow 300% gains in 3 sessions. However, volume has since slowed and we should see something in regards to the merger in the coming weeks.
COBI: Shareholder update May 2nd http://www.otcmarkets.com/stock/COBI/news Updated filings and new corporate website reflecting the new direction/merger of the company. http://oneworlddirect.net New CEO Thomas Krucker. Updated share structure May 15th at http://www.otcmarkets.com/stock/COBI/company-info Just read the Press Release and you know there’s more to come. (Firstpennypicks.com employees own a combined total of 500K shares of COBI)
BPAC: Recent 8-K filing announcing merger http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8608198 waiting on PR's and filings. Tiny share structure under 43 million O/S. (Firstpennypicks.com employees own a combined total of 400K shares of BPAC)
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Have a great Memorial weekend!
The Team at FPP