RNDR | Stock Traders Looking For Fat Profits From Rounder

RNDR Stock, Rounder Inc., DynaPep, DynaPep Energy, AppSwarmIt seems that more than one group based on Pennsylvania Ave. in Washington D.C. has had a busy month this far. Rounder Inc. (RNDR) has made some recent acquisitions that are creating an energy buzz with a licensing deal and recent acquisition: AppSwarm, Inc. RNDR stock could surge just off the AppSwarm acquisition alone, but the Company’s subsidiary, BGGR Inc., entered into a marketing agreement on October 8th to exclusively market the DynaPep® Energy Micro-Shot.

It might take some time for the adrenaline to kick in, considering it’s a Friday tomorrow, but RNDR deserves to be added to the list of penny stocks to watch at the open.

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RNDR Stock, Rounder Inc., DynaPep, DynaPep Energy, AppSwarmRNDR Stock Chart

Market Cap: 2.33M
Close: 0.0063, down -0.0001 (-1.56%)
Volume: 1,935,750
Dollar Volume: $12,736
High: 0.0077
Low: 0.0059
Trades: 35
Average Trade Size: 55,307
Authorized: 500,000,000
Issued and Outstanding: 400,193,175
Float: 65,235,825

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To kickoff October, Rounder began by acquiring App Swarm™, an application “incubation firm” dedicated to acquiring applications for all forms of devices by actively reaching out to young entrepreneurial spirited application developers who have a great idea but do not know how to effectively market their product. Translation: SCORE!

Rounder followed that up by creating, via their subsidiary BGGR Inc., DynaNutra Enterprises, Inc. The purpose will be to market DynaPep’s DynaPep® Energy Micro-Shot, a liquid 4-milliliter twist-off top ampoule, which recorded over $4 million in sales last year with 2012 sales projected to increase as additional retail outlets are secured. Translation: SCORE! 2-0

The Company’s subsidiary, BGGR, Inc., also is said to have a signed joint venture agreement with Flashnet Global partners scheduled to produce two concerts as well as a poker tournament and entertainment event, all of three which are slated to be concluded before the end of Q1, 2013.

Add AppSwarm and the DynaPep® Energy Micro-Shot  and the marketing plan is as simple as the push of a button. Throw out the shots from the stage and have them for the players at the poker tournament and its a golden ticket. However, Rounder, and RNDR stock, doesn’t come without a couple of rough edges.

John Stanton resigned from all positions held in the Company on August 28, 2012. The former President and Chairman of the Board of Directors filed a bankruptcy petition on December 13, 2011 in Tampa Florida which was converted to a Chapter 7 liquidation on February 22, 2012. The court appointed Larry Hyman as the Chapter 7 Trustee.

By operation of bankruptcy law, the Chapter 7 Trustee is vested in ownership of all nonexempt property owned by John Stanton as of the bankruptcy filing date. The Trustee has taken steps to recover stock owned by John Stanton for the benefit of the bankruptcy estate and is also pursuing action to recover shares that may have been transferred to affiliates. Translation: Hyman is grabbing for the throat to get what was Stanton’s.

On October 3, 2012, the Bankruptcy Court held a hearing in which it granted the Trustees motion for a preliminary injunction which will enjoin the transfer of stock owned by John Stanton (United States Bankruptcy Court, Middle District of Florida, Tampa Division – Case No. 8:11-bk-22675-MGW Chapter 7).

However, punch for punch, Rounder had stated plans of its own legal action to disclaim the debt purportedly owned by Mr. Stanton’s affiliated company and or companies by submitting a demand letter for the return of the shares or the money received and the value of the services given by any affiliated company or companies. All the shares in question, 251 million, are still listed as outstanding because they have yet to be returned.

Now that Rounder has employed the services of Thomas J. Parilla as the new President and Board of Directors member,  as well as an IR firm, Sterling Capitol, RNDR shareholders can only hope that a new SEC counsel and weekly conference calls between shareholders and management bring some value to this sub-penny stock.

About RNDR Stock

Rounder, Inc. is a development stage company offering online applications and other entertainment products plus marketing of nutraceuticals. The Company operates two subsidiaries, BGGR, Inc., an entertainment and entertainment products marketing business and Appswarm, Inc., a dynamic marketer of internet and cell phone applications.

Bottom Line: RNDR is well worth a good look and addition to the list of  penny stocks to watch tomorrow and the rest of the month. Stocks under a penny tend to have momentum spurts which can cause those who already know that October is Sudden Cardiac Arrest Awareness month to prepare accordingly when trading RNDR. Blink and it could be trading at a nickel.

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