Anyone watching this one? I've not seen a post in here on it. Today has seen a break of the 50 day moving average, RSI is turning up and crossing 50 and before the year end they released news. Looks like this could be in for a strong pop.
Wellstone Commences Production of All Brand Styles
Tuesday December 27, 5:29 pm ET
DURHAM, N.C., Dec. 27 /PRNewswire-FirstCall/ -- Wellstone Filters, Inc. (the Company) (OTC Bulletin Board: WLSF - News) is pleased to announce that we have commenced production of all brand styles.
Chart http://stockcharts.com/def/servlet/SC.web?c=wlsf
(http://bigcharts.marketwatch.com/charts/big.chart?symb=wlsf&compidx=aaaaa%3A0&ma=1&maval=9&uf=8&lf=1&lf2=4&lf3=2&type=2&size=2&state=8&sid=1256062&style=320&time=8&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8254&mocktick=1)
Day 2 holding above the 50 day moving average. Looking stronger here. Resistance at .50, .52, .55 and .64 after which it could move up rather rapidly. With more news expected, resistance points won't block for long.
Hey looks very good all indicators macd rsi adx cmf histo 50 ma cross
all indicate like you said a breakout is coming.
Im looking at the 2 yr chart and has a very strong uptrend base developing, where it makes higher lows and highers and where it now sits at .49 is coiled
took a feeler .49 no fill on .485 will buy ask at .50 when .49 breaks.
Im doing some other research other then chart, but from chart i say you got a great pick here, before run.
And with news released, we have breakout over .50 and pushing the 200 day moving average now
Wellstone Begins Shipping in U.S.
Thursday January 5, 2:26 pm ET
DURHAM, N.C., Jan. 5 /PRNewswire-FirstCall/ -- Wellstone Filters, Inc. (the Company) (OTC Bulletin Board: WLSF - News) is pleased to announce that it has begun shipping product in The United States.
Wellstone's first shipment departed the Timberlake, North Carolina manufacturing facility on Wednesday January 4, 2006 and arrived in Phoenix, Arizona today at 10:15 am MST. Elite Tobacco Sales of Arizona will be the first wholesaler and distributor to receive the Wellstone Brand: they can be contacted at 602-723-2534.
Harry Poole, Vice President and Director of Sales quipped, "The first Wellstone was born in North Carolina and will be raised in Phoenix." He continued, "Wellstone is being launched in targeted regions of the country; we have a terrific sales team that has been anxious for product--we have another shipment scheduled for tomorrow."
Wellstone is available for sale in 23 states -- please see map at Wellstonefilters.com. Licensed direct buying accounts in those states can place their orders by telephoning 1-866-456-9827, or by e-mail at
[email protected].
Wellstone believes its patented filter and premium blend tobacco provides a rich smooth taste. Wellstone's patented filter does not make a safer cigarette. Wellstone emphasizes that NO cigarette is safe. This corporate communication by Wellstone is not intended to induce any person to purchase Wellstone tobacco products.
For more information, please call investor relations at 336-597-8331. http://www.wellstonefilters.com
Note: Except for the historical information contained herein, this new release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third- party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by Wellstone with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of Wellstone as of the date of this release. Wellstone and its managers and agents undertake no obligation to publicly update any forward- looking statements.
--------------------------------------------------------------------------------
Source: Wellstone Filters, Inc.
High volume today and good news to boot.
With only 40 million on the float this baby could be in the dollars with a little momentum.
Great time to load up IMHO.
Yup, this one looks like it's ready to bust loose. Just crossed 50 moving average and getting ready to cross an even more significant ma (200) If so, expect nice run. MACD just crossed and also making a centerline crossover which serves as a sign that the momentum is streghthening. Wider timeframe shows that the stock is on an uptrend which is also an important factor when determining the likelihood of a breakout. Great one to be in before 200ma break (.55) Plans to load up tomorrow. Thanks Sarfisoy!
http://stockcharts.com/def/servlet/SC.web?c=wlsf
Back in after selling in early December...wanted to wait until they actually got the ball rolling. They have had a history of being a little off in their time projections from their PR's in the past but charts do look good now and they are actually in production and distributing now! ;D GL
welcome back then :)
Was nice to see them reaching this milestone and looks to be just the beginning for them
Patent link for those that are interested/or haven't seen it
http://www.patentstorm.us/patents/6615842.html
I'd seen a post elsewhere about someone calling up the distributor in arizona. I decided to call on my own. Owner of the shop is very excited about the shipment and should have another arriving this week, possibly today. He mentioned they've been selling extremely well, and everyone has positive comments to make.
The current price is very undervalued imo, just on sales alone, not to mention as the FDA tightens the market a little and we see lower tar requirements, etc. Sure puts Wellstone into a buyout candidate position.
Sure has some attention today. I don't see any news out. It's closing in on the 200 day moving average (ask is over it, but bid isn't yet), we could be seeing a pop coming as that breaks.
http://stockcharts.com/def/servlet/SC.web?c=wlsf
That is great to hear 8)...I wonder if they are shipping to Indiana yet? I will check with the local discount cig shop when I am out later...GL
Quote from: SarfiSoy on January 09, 2006, 12:08:02 PM
I'd seen a post elsewhere about someone calling up the distributor in arizona. I decided to call on my own. Owner of the shop is very excited about the shipment and should have another arriving this week, possibly today. He mentioned they've been selling extremely well, and everyone has positive comments to make.
The current price is very undervalued imo, just on sales alone, not to mention as the FDA tightens the market a little and we see lower tar requirements, etc. Sure puts Wellstone into a buyout candidate position.
this stock has found a safer way to kill people
congrats
This one is ready to pop, look at the long white candlestick on high volume today,
macd rising, rsi going up,
love the chart!
(http://bigcharts.marketwatch.com/charts/big.chart?symb=WLSF&compidx=aaaaa%3A0&ma=3&maval=10%2C20%2C50&uf=8&lf=1&lf2=4&lf3=1024&type=4&size=4&state=11&sid=1256062&style=350&time=8&freq=1&nosettings=1&rand=2119&mocktick=1&rand=7181)
Did you know?
Ben Bernanke's ( the new Fed Chairman ) Favorite Stock is Altria Group, formerly Philip Morris, one of the world's largest manufacturers of cigarettes.
Source - http://finance.yahoo.com/columnist/article/futureinvest/1566
Cool...
Bullish engulfing candlestick pattern formed yesterday...charts looking strong...light resistence to .60 with smallish resistence at .57....I will take slow and steady.. :) stepping out for awhile, I am going to stop at a couple tobacco stores and ask about them..didn't get to do it yesterday like I wanted... GLTA
Quote from: SarfiSoy on January 11, 2006, 01:15:06 AM
Did you know?
Ben Bernanke's ( the new Fed Chairman ) Favorite Stock is Altria Group, formerly Philip Morris, one of the world's largest manufacturers of cigarettes.
Source - http://finance.yahoo.com/columnist/article/futureinvest/1566
Well, not at stores yet where I live yet...But I think I talked two other guys at the course to get in...They really liked it and were going to pick some up today...hope they tell others also and sure they will..really like the filter possibilities...GLTA
Post from another board and poster;
=============================
There are people in the Tobacco Industry, completely outside of Wellstone, that have told me much of the buying is from individuals who work at other Tobacco Companies and know that they will be using Wellstone compound in the future.
I want to address your question of why Wellstone did not sell the patent to some big Tobacco Company. I asked Mr. Hand this specific question. He answered that it would not guarantee that the compound would ever make it to market. He went on to talk about how the compound would truly help those who will not be quiting and the negatives if a product like this is not used.
I'm not sure of what grave financial problems Wellstone is facing. They have the money to launch their cigarette line. But I certainly don't want to take away from your point regarding profitability. Wellstone will launch their cigarette very soon and then we may have a better gauge on the future. It will be fun to watch and see how it goes.
also check out this christine's witch-hunt against Wellstone...
http://fight-back.us/forum/index.php?showforum=71
watching CNBC they said they were going to get a Florida court tobacco ruling in a few minutes and the possible implications...commercial right now but will post what they say..GLTA
--->>>>>>Update---Florida supreme court failed to rule again
very strong uptrending stock with a new base in .50's, over 200ma
very healthy looking chart consolidating then moving higher, looks like it could really move here into the 60-70;s next few trading sesions.
This past week has it trading between the 200 dma (top) and the 50 dma (bottom)
One to watch for either a strong move up, breaking the 200 solidly, or possible dip below the 50, catch the bottom for a bounce then. Did i cover the bases? lol
http://stockcharts.com/def/servlet/SC.web?c=wlsf,uu[w,a]daclyyay[pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
WLSF: Wellstone Obtains Additional Funding
Tuesday January 31, 5:13 pm ET
DURHAM, N.C., Jan. 31 /PRNewswire-FirstCall/ -- Wellstone Filters, Inc. ("Wellstone") (OTC Bulletin Board: WLSF - News) is pleased to announce that it has received $500,000.00 from Carlson Group Ltd. and upon receipt of such money issued the lender a promissory note. The promissory note will mature on December 31, 2007, the interest rate on the such note is 8% per annum and such interest accrues annually; the promissory note also requires Wellstone to pay an additional amount of interest (not more than $25,000) on Wellstone's net profits after taxes and such additional amount is due on the maturity of the promissory note.
Wellstone is available for sale in 28 states -- please see map at Wellstonefilters.com. Licensed direct buying accounts in those states can place their orders by telephoning 1-866-456-9827, or by e-mail at
[email protected].
Wellstone believes its patented filter and premium blend tobacco provides a rich smooth taste. Wellstone's patented filter does not make a safer cigarette. Wellstone emphasizes that NO cigarette is safe. This corporate communication by Wellstone is not intended to induce any person to purchase Wellstone tobacco products.
For more information, please call investor relations at 336-597-8331.
http://www.wellstonefilters.com
heres what todays chart looks like, lets see if it can stay in the lines.
this site is soooooo screwed up!!! >:D >:D >:D >:D >:D >:D >:D
Quote from: GatewayStocks on February 02, 2006, 09:33:13 AM
this site is soooooo screwed up!!! >:D >:D >:D >:D >:D >:D >:D
I agree But it's still home for all of us who are just as screwed up as it is ;D 8) >:D
Wellstone Ships to Richmond, Virginia
Tuesday February 7, 4:00 pm ET
DURHAM, N.C., Feb. 7 /PRNewswire-FirstCall/ -- Wellstone Filters, Inc. (the Company) (OTC Bulletin Board: WLSF - News) is pleased to announce that it has shipped product to Richmond, Virginia. Further, Wellstone has already received additional orders from a distributor in Richmond, Virginia.
ADVERTISEMENT
Wellstone is available for sale in 28 states -- please see map at Wellstonefilters.com. Licensed direct buying accounts in approved states can place their orders by telephoning 1-866-456-9827, or by e-mail at
[email protected].
Wellstone believes its patented filter and premium blend tobacco provides a rich smooth taste. Wellstone's patented filter does not make a safer cigarette. Wellstone emphasizes that NO cigarette is safe. This corporate communication by Wellstone is not intended to induce any person to purchase Wellstone tobacco products.
For more information, please call investor relations at 336-597-8331. http://www.wellstonefilters.com
Form 8-K for WELLSTONE FILTERS INC /DE/
--------------------------------------------------------------------------------
7-Feb-2006
Non Reliance on Prev Financials, Audits or Interim Review
Item 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
(a) On February 1, 2006, Wellstone Filters, Inc. (the "Company") concluded, in a discussion with Tanner LC, its independent registered public accounting firm, that it will be necessary to restate its financial statements for the first three quarters of fiscal 2005.
In the first quarter of fiscal 2005, 4,500,000 shares of common stock were issued to two individuals in connection with various services that they performed for or on behalf of the Company. The Company issued 500,000 shares of common stock to the brother of the Company's Chief Executive Officer for legal services that he provided to the Company and 4,000,000 shares of common stock to an unrelated individual for consulting services that he provided to the Company. These issuances were inadvertently omitted from the Quarterly Reports on Form 10-QSB for the quarterly periods ended March 31, June 30 and September 30, 2005 and, consequently, the Company will be required to restate its financial statements for those periods. The 4,500,000 shares of common stock were issued at a price of $1.02 per share. As a result of the inclusion of these issuances, the restatements will include an adjustment to the Company's Statements of Operations detailing an increase in the Company's General and Administrative Expenses and Net Loss by $4,590,000. This increase caused an increase in the net loss per common share from $(0.00) to $(0.02) for the three months ended March 31, 2005 and the six months ended June 30, 2005, and an increase from $(0.01) to $(0.02) for the nine months ended September 30, 2005.
The Company will file restated consolidated financial statements in its Quarterly Reports on Form 10-QSB/A for the quarterly periods ending March 31, June 30 and September 30, 2005.
Where did this come from????? This was well before the launch! ??? ::)
increase in the Company's General and Administrative Expenses and Net Loss by $4,590,000.
>:D Someone was keeping something under the table Naughty smokers >:D
Changed Ticker Symbol
WLSF.OB is no longer valid. It has changed to WFLT.OB