Ascend Acquisition Corp. Warrants (fka ASCQW)

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jip53

05/11/10 3:03 PM

Post #20

Re: #19: @Stock - warrants are like options, they can and do

thanks for your response ,i think i'll stay away from warrants!

Stock

05/11/10 2:24 PM

Post #19

Re: #18: @jip53 - what happens when the warrants expire? ,my etrade

warrants are like options, they can and do expire worthless.

warrants are usually only good if a stock reaches some lofty price set when they were issued as a "sweetener" -- the whole idea is a call warrant gives you a right to buy shares at some ridiculously low price when the stock runs up.

warrants are tradeable like stocks, but most of the time, they trade very thin (by appointment, they rarely trade, etc.) and have very wide spreads.

if you are going to trade warrants in the future, you need to either be crazy like Buckey (lol), or really know what you are doing.

in this case, you got nothing, looks like -- your broker will eventually remove the wortless CUSIP from your account, or you may ask for a worthless security form so that you can declare it as a 100% tax loss (if it's in a non-tax qualified account):

SECURITY DELETIONS

Dl Date Symbol Company Name Effective Date/Comments
5/7/2010 ASCQW Ascend Acquisition Corp. Warrants 5/10/2010 5/10/2010 Expiration**

http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=ASCQW&OTCBB=ALL

Warrant

What Does Warrant Mean?

A derivative security that gives the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue as a "sweetener" to entice investors.

Investopedia explains Warrant

The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months.

http://www.investopedia.com/terms/w/warrant.asp

jip53

05/11/10 2:06 PM

Post #18

Re: #10: @Stock - These are warrants. There is already a board

what happens when the warrants expire? ,my etrade account shows no symbol (ASCQW) only a cusip # 04350H118 ,it still shows value ,what happens now? thank you for response!

Pan

02/12/10 5:59 PM

Post #17

Re: #15: @hope38 - what's going on here is there any news

could be daytraders too....

http://investorshub.advfn.com/boards/board.aspx?board_id=9676&NextStart=274202

lazyeye

02/12/10 5:20 PM

Post #16

Re: #15: @hope38 - what's going on here is there any news

Just warrants. Lots of sells. Don't read too much into the % gain. No one missed the boat here. Happens sometimes with tradeable warrants. imo, it will crash back down tomorrow to 000's. I could be wrong, so don't hold me to it. But the meager volume suggests nothing really happening here. Shell company.

hope38

02/12/10 1:46 PM

Post #15

what's going on here is there any news in the way?

brians5chihuahuas Terminated

10/04/09 11:54 AM

Post #14

Re: #4: @Fourthquarter - This one could be nice shell play:

Sure, whatever....

5chihuahuas

Carlito

10/01/09 4:36 PM

Post #13

Re: #11: @august1991 - Found this Tuesday Evening....True or False? I dont

0033, 0013 x004 could be i fun1 here !

-------------------------------------

http://www.knobias.com/individual/public/quote.htm?ticker=ascqw

Carlito

10/01/09 4:33 PM

Post #12

Re: #8: @duelittle2 - http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request and #

done

august1991 Free

09/01/09 8:09 PM

Post #11

Re: #10: @Stock - These are warrants. There is already a board

Found this Tuesday Evening....True or False? I dont see evidence of it....found on AOL finance.

Ascend Acquisition Surges 400%
Posted: 3 hour(s) and 26 minute(s) ago | 0 Comment(s) | Rating: 0 0
Posted by: AlexRomanoff
This is just another one of those smallcap head-scratchers, but that's what makes playing smallcaps so much fun. Ascend Aquisition (ASCQ.OTCBB), which appears to be no more than a shell acquisition firm, soared 20 cents, or 400%, to 25 cents today, making the stock the second-biggesg gainer in over-the-counter trading.

Pennsylvania-based Ascend Acquisition does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, or other similar business combination with an operating business.

These are tough stocks to endorse or frown upon because not knowing what the business line is, I can't comment on the outlook for success. That said, Ascend does have $195,000 in debt and no free cash and that makes the stock a speculator's haven at this point.

For more on Ascend Acquisition, go here: http://www.ascendgrowth.com

Stock

08/26/09 1:32 AM

Post #10

These are warrants. There is already a board for the stock.

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
9/24/2008 9/25/2008 ASAQW ASCQW Ascend Acquisition Corp. Warrants 5/10/2010

OTC BB | Banking and Finance | Ascend Acquisition Corp. (ASCQ)
http://investorshub.advfn.com/boards/board.aspx?board_id=14187

Fourthquarter Free

08/13/09 2:02 AM

Post #9

Re: #8: @duelittle2 - http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request and #

Thank you duelittle...drop by whenever you feel like...
Have not completed my DD yet ...busy with other but will post as soon I find more info...

duelittle2 Free

08/12/09 10:25 PM

Post #8

http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request

and #3 btw

Tadaaa

08/12/09 10:14 PM

Post #7

Re: #6: @Fourthquarter - Thank you...I am digging here and will post

Cool....and Back at Ya !!...eom

Fourthquarter Free

08/12/09 9:47 AM

Post #6

Re: #5: @Tadaaa - Boardmark number two....eom

Thank you...I am digging here and will post more as I find...
GLTY

Tadaaa

08/11/09 9:52 PM

Post #5

Boardmark number two....eom

Fourthquarter Free

08/11/09 7:11 PM

Post #4

This one could be nice shell play:

Share structure as of May 09:

Authorized 300,000,000 shares;
Issued and outstanding 856,675 shares

Fourthquarter Free

08/11/09 7:06 PM

Post #3

Very last file on August 7th
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6738526

Fourthquarter Free

08/11/09 7:03 PM

Post #2

Company has 3 filings with Pink sheets this month already...
wonder why??

Fourthquarter Free

08/11/09 7:00 PM

Post #1

First one to post here
What's up with this one?

Ascend Acquisition Corp. Warrants (fka ASCQW)

Followers	0	Posters	11
Posts (Today)	0	Posts (Total)	20
Created	08/08/09	Type	Free
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Ascend Acquisition Corp.

ASCQW

Ascend Acquisition Corp.
435 Devon Park Drive
Bldg. 400
Wayne, PA 19087
Phone: (610) 293-2512

OTC Market Tier
Pink Quote/OTCBB

Business Stage
Shell Company

State Of Incorporation
DE

Company Officers
Don K. Rice, Chairman, CEO, President, Treasurer

Transfer Agent
Continental Stock Transfer & Trust Company
17 Battery Place
New York, NY 10004

Recent SEC Filings Found Here and Here

"State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 856,675 common shares as of May 8, 2009"

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Ascend Acquisition Corp. Warrants (fka ASCQW)

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Ascend Acquisition Corp. Warrants (fka ASCQW)

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