Power of the Dream Ventures CEO blog

Here is an interesting link for you to all. Daily tracking on PWRV shorting:

http://otcshortreport.com/pwrv

Just received the short numbers for yesterday’s trading. As usual almost 50% of our volume is short.

Date Change BuyVol SellVol NetVol ShortVolume TotalVolume Percent SqueezeTrigger
4/9/2012 -$0.0520 1,163,882 464,150 699,732 749,912 1,628,000 46.06% $0.2988

Here is the one question I have. How come we face this guy, who can get away with shorting an obscene amount of stock at his pleasure, at the expense of everyone else, yet we do not have a wave of buy pressure to knock him on his ass and teach him a lesson. Would PWRV at a dollar with a market cap of $38 million be overvalued? Would it?

For the record I repurchased almost 1,8 million shares on the open market and have not sold any. Contrary to some claims the company has not sold a single shares during these ups and downs. Not a single shares, period.

I am waiting to get the short data for yesterdays trading. But what I can see this is yet again blatant manipulation.

We had a block of 177,000 shares on $0.35 cents. It traded 50,000 shares of $0.34 cents and then 190,000 shares on $0.345, just below the $0.35 block. These were all buys.

It then traded another 233,000+ shares between $0.30 and $0.34. with 95% of these trades at $0.33 or above.

Then 143,000 shares on $0.325, and then another 405,000 shares between $0.315 and $0.34. All buys.

Incredible buys through out.

And then at the end of the day it dropped from $0.33 to $0.18 (from plus 70% to -25%) with a grand total of 13 BID whacking trades that totaled 134,000 shares.

It took 280,000 share to get from the opening price of $0,21 to the day’s high of 0.345, it then traded, with 99% buys, over 1,000,000 shares at an average of $0.33 cents only to be decimated at the end of the day with 130,000 shares to $0.15 cents, or -25% lover than the opening price after it was as high as 70%.

Regardless of what news we announce whoever this is is intent on destroying the company and all shareholder value. Not just our 5 years of work but the work and trust of all people who are shareholders of the company.

It is also obvious to me that there is a limit as to his ability to short. I think that limit is in the $0.35-0.36 cent range. The price needs to break that range.

Anyone?

We just announced several new Corporate Action items.

First, we are reducing our authorized number of shares from 250,000,000 shares of common stock to 50,000,000 shares of common stock. That means we will not be able to issue any more than 50 million shares even if we wanted to. As of right now our issued and outstanding is 38,428,044 shares of common stock and 2 million shares of Series A preferred stock.

At the same time we are also increasing the par value by ten fold, from $0.0001 to $0.001. I don’t think I need to add anything here, this is self explanatory.

And finally we are creating a new calls of stock, the Series B Preferred. I hope to complete an additional round of fund raising in the near future. Rather than giving common stock that would cause dilution we are giving Preferred stock. Preferred stock that is not convertible. It does have some dividend preferential rights, namely each Preferred equals two common, but this is a small price to pay compared to common dilution.

I would also welcome feedback from people. Specifically I am looking for other companies that have completed a similar set of corporate action. Has anyone ever hear of a company that reduced its authorized by 4/5th and raised the par 10 fold?

These corporate actions require the mandatory return of all certificates to our transfer agent, Fidelity Transfer Company, for exchange.

The insanity continues. I am collecting all trade data. It is obvious from this data that the only intent of our shorter is to lower the share price, at all cost, and in the process destroy the company and our shareholder value. I will file this data with all regulatory authorities and sees a resolution to this issue as soon as applicable.

Sick and tied of the value destruction this individual / company is doing, undermining everything we have been building for the last 4 years. If other shareholders feel the same I encourage you all to contact the regulators to stop this now.

Total Trading Volume: 1,097,807
Daily Short Volume: 490,192
Avg. Price of Shorts Today: 0.253
Short %: 44.65
Volume at Offer: 548,700
Buy%: 49.980
Volume at Bid: 549,107
Sell%: 50.020
Shares Crossed: 0.000

I just exchanged emails with Tom Ronk at Buyins.net. He sent me today’s short information. Here it is:

Date ShortVolume TotalVolume Percent SqueezeTrigger $Value
2/28/2012 1,285,470 2,603,814 49.37% $0.2913 $374,457

Insane. Half of today’s trading was shorting. Every single time the stock is ready to reach its rightful price whoever is responsible for shoring destroys any forward momentum and profits at the expense of all others. $374,000 dollars worth if shorts????????

Looks like it is irrelevant what steps we take to build a real lasting company there is someone out there intent on destroying it.

I will now explore all available options at our disposal to bring regulatory eyes on this issue. And I will keep on going until whoever is doing this is stopped.

Today we received clearance from FINRA to proceed with our already announced iGlue dividend distribution. Here is the official text.

The Dividend Payable in another Company’s Stock of Power of the Dream Ventures, Inc (PWRV) will be announced on our 02/07/2012 Daily List: with the following:

· Dividend Payable in another company’s stock
· Each shareholder of the Company will receive 0.05 Restricted shares of iGlue for each share of the Company’s common stock.
· Record Date: 12/23/2011
· Payment Date: 02/15/201
· Restricted. Will not be quoted Ex

Coordination with the transfer agent is underway. Dividend will be paid on February 15th.

As of today iGlue is now officially trading under its own name, iGlue, Inc. Concurrent with the name change the Company also completed a 110:1 reverse stock split. The total issued and outstanding for the company now stands at 10 million shares. But don’t let this fool you. Free trading is only……… 75,000 shares. The interim ticker is HDWRD. In 20 days this will change to iGlue’s own ticker. The company will announce this as soon as FINRA issues one.

We are also launching the new iGlue momentarily (Monday). Incredible changes, including:

- completely new user interface, compatible with smart phones
- full twitter integration. you can see the latest tweets to any words on any site
- users can now tweet to Facebook share a word, a sentence, a paragraph with others
- annotated pages can also be shared even with users who do not have iGlue installed. Simple share an annotated page and the recipient will see all annotations, without the iGlue plug-in
- integration of value added, semantically and contextually linked advertising. Of course we don’t call it advertising. You will not get an AD for a Forex platform while reading about a movie, But we will show you products that are related.

And there is a lot more to come.

In addition we have filed with the State of Delaware paperwork for the reduction of our issued and outstanding. We now have approximately 38.5 million shares out.

Further, we are awaiting FINRA approval to distribute the iGlue share dividend as announced. Rest be assured whoever held shares of PWRV at the close of business on December 23 will receive their proportional iGlue share dividend. As soon as we have FINRA’s approval.

Stay tuned , more to come.

A single day after Christmas, and our share price is decimated again. In the span of a single week we fell from $0.27 cents to $0.09 cents all the while we are announcing fantastic iGlue news. Our share price has been decimated by over -65% in two days. Some call this orderly market making.

Here is the short report for 12/28/2011:

Total Trading Volume: 210,100
Daily Short Volume: 70,800
Avg. Price of Shorts Today: 0.096
Short %: 33.70
Volume at Offer: 60,800
Buy%: 28.940
Volume at Bid: 149,000
Sell%: 70.920
Shares Crossed: 300.000
Cross%: 0.140
Net Buying vs. Selling: -88,200
Price Change: -0.04010

The last trade, a sale of 300 shares, did not take place until the market closed. At least the print to show this trade did not happen until over 10 minutes after the market closed. As there is no after hours trading on the OTCBB the only purpose of this 300 shares sale was to lower the share price below the average short of $0,096 for yesterday.