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Bullboard - Stock Discussion Forum Rare Method Interactive Corp V.RAM

TSXV:RAM - Post Discussion

Rare Method Interactive Corp > For down the road....good prospective hold:
View:
Post by Georgeboy11 on May 10, 2011 9:29pm

For down the road....good prospective hold:

RARE METHOD INTERACTIVE CORP. ANNOUNCES $700,000 NON-BROKERED PRIVATE PLACEMENT OF UNITS

Rare Method Interactive Corp. intends to conduct a non-brokered private placement of up to 14 million units of the corporation at a purchase price of five cents per unit for gross proceeds of up to $700,000.

Comment by palmparadise59 on May 11, 2011 8:50pm
I knew it!!! I was sure this was coming..I did mention this already to someone that I wondered if a pp wasn't on the way. Now we know why the stock is doing dick chit most days with a spike every 2months or there about....GLTA,paradise
Comment by BC_Budd on May 14, 2011 12:52am
Hey there paradise I don't follow you about the pp what do we know now? We know the company needs cash to pay the bills and they don't have the ability to borrow much if any. They need a partner and it's starting to look more and more like a takeover target or perhaps an affordable, low debt newco.The good news that we don't seem to be hearing much of is that they have apparently ...more  
Comment by Georgeboy11 on May 14, 2011 10:15am
A good post, Budd!  It seems that RAM is indeed in a sweet spot to be taken over, hey, at this price, it's a great opp!  Marty needs to hire an IR firm to take us to the next level....they  have the expertise and experience to fulfill their contracts but are lacking in the pr dept!!  George
Comment by Pandora on May 16, 2011 1:12pm
Stockhouse report says junior tech stocks on the Venture Exchange are on a surge today. RAM sure isn't part of it. Guess they're just looking at INT --- one that a guy should have bought at a quarter --- but it's always the ones that I "should have" bought that do well.
Comment by Georgeboy11 on May 16, 2011 2:49pm
P, sit tight, RAM will do its thing and we'll be fine!  Buy RAM and put it away and come back and you'll see what I mean!  RAM has turned the corner from it's  last Q numbers....they have the connections and have done an excellent job with their work, but again, Marty needs to hire an IR firm to get us out there.  For now, we'll slowly make a move to .10 and ...more  
Comment by Pandora on May 16, 2011 3:13pm
I see someone jumped on 100,000 shares this morning at 5 cents. Was that you George? I certainly can't run those levels on a stock like this but we'll see if this creates some activity.