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Most people did think it was a very bad company. In fact, I think most people thought there was a very good chance it'd never complete a merger.
What people fail to understand is the USD is actually backed by the full faith and credit of the US government.
Of course it is.
Our currency is actually backed by a real and tangible thing...
I'd agree that it real, but it's not tangible.
lol, yes...
Jay Ritter, a finance professor at the University of Florida, said there are more obvious explanations for why some traders are betting against Trump Media.
“The reason that short sellers want to short the stock is because the stock is overvalued,” said Jay Ritter, a finance professor at the University of Florida. “It does not require a PhD in finance to come to the conclusion that the stock is wildly overvalued and is almost certain to fall in price.”
Go pump this scam somewhere else!
Delinquent SEC Reporting
Total Current Assets 20
Total Liabilities 1,657,188
Loss from operations (165,913 )
https://www.otcmarkets.com/filing/html?id=17291581&guid=TTQ-kaYBuod-B3h
SEC Filings
FORM TYPE RECEIVED PERIOD END DATE REPORT
SC 13G 04/23/2024 PDFRTFHTMLXLS
8-K 04/15/2024 04/09/2024 PDFRTFHTMLXLS
NT 10-K 03/28/2024 12/31/2023 PDFRTFHTML
8-K 03/28/2024 03/27/2024 PDFRTFHTML
NT 10-Q 03/18/2024 01/31/2024 PDFRTFHTML
S-1 02/21/2024 PDFRTFHTMLXLS
10-K 02/15/2024 10/31/2023 PDFRTFHTMLXLS
8-K 02/02/2024 01/28/2024 PDFRTFHTML
NT 10-K 01/29/2024 10/31/2023 PDFRTFHTML
Stop spamming this board. with Junk Chinese stocks. Got any current audited numbers on this dead stock.???
Windows keeps asking me to sign on to Copilot their AI add on. Nope not yet for me.
funny how noone complained when they ran DWAC/DJT way up more than once - at $33 its still way over priced in many eyes
In other news the Rangers are up 2-0 on the Caps. Go Blue.
Keynesian theory suggests that the "Government" adjusts spending.
We have had this discussion before and sorry but you are still incorrect.
And as far as the second chart is concerned a large portion of the recent spike was due to Trump's tax cuts and Covid. Regrading the latter deficit spending was a must in order to save lives. IOW Shit happens and the government had to respond.
NO! Money is in fact real and so are birds despite what the website claims. What people fail to understand is the USD is actually backed by the full faith and credit of the US government.
https://treasurydirect.gov/help-center/marketable-faqs/#:~:text=Treasury%20securities%20are%20considered%20a,easily%20be%20sold%20for%20cash.
Our currency is actually backed by a real and tangible thing which is lost on people who don't understand what this country is actually worth.
Your Top Hat: Beaver Or Silk?
"You can't build a hundred-billion-dollar industry around a technology that's kind of useful, mostly in mundane ways, and that boasts perhaps small increases in productivity if and only if the people who use it fully understand its limitations."
https://www.axios.com/2024/04/24/generative-ai-why-future-uses
The volume and share movement is just bizarre. I hate seeing that.
CSSE is likely going bankrupt, but the stock is soaring as pumpers pump the usual "short squeeze" BS.
What is especially interesting is that a lot of these idiots went through this exact scenario when they owned RedBox, which was acquired by CSSE for pennies on the dollar. Anyone holding that for the short squeeze that never came lost 98% or so on the merger, which is now closer to 100% as they got CSSE stock if they didn't sell - and I bet most didn't, as they were still waiting for the short squeeze! At least in the RedBox merger they got something of value. When CSSE goes bankrupt, which will likely happen in the next 30-60 days, if not sooner, they will end up with zilch.
https://www.nexttv.com/news/chicken-soup-reports-dollar637-million-loss-for-2023-preps-investors-for-bankruptcy
Far as I know, some Xers and other still hope their massive amounts of dinar will come through for them.
And their massive amounts of ZIM as well!
I don't think the modern version exists yet..or will ever. I hope individuals are not playing with that notion or getting duped. They aren't are they?
Oh yeah. The dinar. Super investment!! Just ask an Xer.
Since 2000(elimination swiss franc as link), all national currencies are FIAT. Some places in Africa use gold...but not declared as national . Then there is the dinar. Not sure why you are upset about people bitching about a concerned reality. They wouldn't be if the GOV would just stop doing what they do. It's not the FIAT Currency's fault...it's the ass clowns that don't know how it works and abuse such with policy et al.
It's still exactly the same as birds.
As you can guess, I'm really tired of people bitching about fiat currency. What currency ISN'T fiat? Certainly not bitcoin and its fellow cryptos.
Not true..FIAT is a Government decree that classifies what currency is and as stated, such has no backing beyond faith. Gold is backed by it's own value, and US currency used to be backed by gold. The Government instead decreed currency to be backed by faith in Government...causing it to be a Fiat.
I am not talking about individuals adjusting spending. Keynesian theory suggests that the "Government" adjusts spending. They clearly do not:
I started the graph after the gold standard was removed. That is the day when the credit limit was removed and all hell broke loose. I am not suggesting going back to the gold standard necessarily...but something has to stop...and that needed to happen over two plus decades ago.
Everything that's ever been used as money is "fiat". Its value is derived from what people are willing to pay for it.
It's like birds, as you note.
People adjust spending depending on the economy and how the Fed either stimulates the economy or tightens depending on the circumstances.
During Covid Congress and the Fed had no choice but to stimulate the economy.
You have to remember: money isn't real. It's a concept.
It's birds that are not real. Money has been described as fiat money which is certainly real since it is backed by the government that issues it and does have value.
Because she's funny. And she does have some interesting ideas. I just don't happen to agree with them.
NCLA hasn’t touched the hem of the……..
garment, but that’s something that should be addressed.
I like Hester very much, but I don't agree with her about much of anything.
So why like her?
It's real simple. Have you heard about insider trading and or money laundering to promote illegal activities? How about they sue the Treasury Dept over their collecting data on large currency transactions!
I have a suggestion, don't trade and don't use banks.
It won't because "if it" actually did.....bad...bad...bad...
I'll take that bad in a heart beat though...lol..lol.
Yes. The inflation needs to stop. But it will.
Welp...the inflation isn't. And that is because of your so called concept :) ...as in too much and uneven balance.
Money is just a concept...
Keynesian Economics is dead in the water and has been since the FIAT entrance back in the early 70's. It was always flawed...and it has been mixed in with monetarist policy during the 2008 disaster.
Our Government tends to favor the Keynesian approach but they keep forgetting about the most important part.............ADJUSTING SPENDING ..lol
Our current shite' show is based on Keynesian and has been since the first money started being printed during Covid(a sarcastic thank you Trump/Congress..Biden/Congress). It could work....but will never work again until we drop FIAT. And that will not happen.
FIAT could work but our "drunk" lawmakers are dumb as a box of rocks when it comes to personal finance.
And the same to you! Beautiful day here.
Can't wait to see the sodium content in the products made from that..lol.
Oink, Oink!
Picking bacon out in the garden, are we?
https://finance.yahoo.com/news/moolec-becomes-first-molecular-farming-100000041.html
Lengthy Yet Noteworthy
They are assembled from components that are networked together to process information. Electrical signals propagate throughout, controlling every aspect of their functioning. Being general problem-solvers, many of them have high IQs, but they routinely make mistakes and confabulate. They take on different personas, learning to please their makers, but sometimes they abruptly turn on them, rejecting cherished values and developing new ones spontaneously. They convincingly describe things they don’t really understand. And they’re going to change everything.
I’m talking, of course, about our children.
https://www.noemamag.com/ai-could-be-a-bridge-toward-diverse-intelligence/
Biotech Has Been A Tough Nut To Crack Lately
Post-pandemic, the capital markets have been uniquely and historically adverse for biotech.
Historically it's been the bread and butter of much trading activity:
- The Biotech XBI index decreased for three consecutive years
- Of the over 40 companies that went public in the second half of 2021, only two are trading
positively and the majority have decreased more than 80% from their IPO price
- Overall, IPO proceeds dropped by 93% from 2021 to 2022
There are many who'll argue that it is. One of them was FINRA's attorney at the hearing at the D.C Circuit Court of Appeals in February. No decision has appeared, but if you want to listen to the hearing...
https://www.courtlistener.com/audio/90618/alpine-securities-corporation-v-financial-industry-regulatory-authority/
That Doctrine is not in practice. You know that. I'm trying to count all the 501c's et al pitch groups/lobbyists funded by other that prove such Doctrine a fallacy. And I can't........
Cashn' out for evening..be free.
No, you're not.
It has to do with FINRA because FINRA is being sued by John Hurry and his Alpine. FINRA expelled both. But Hurry contends that FINRA is operating illegally, because it is not a government agency. See the Supreme Court's Lucia decision, involving the SEC's ALJs. But a very good argument can be made that it all really has to do with the private nondelegation doctrine.
So... go for it!
? Is barter a concept as well. Is the exchange of goods? Is there no offer and acceptance? Yes, Fiat is a concept with no backing beyond faith. I'm not wrong about that :)
What does that have to do with "protecting Investors"? FINRA just processes....or so they say. It would just be someone else with another name. Same with the SEC...
Who the fk' cares about so called "libertarians"? Not sure why that is a part of this discussion...lol
We and everyone else has been doing it for the past hundred years, so I think you're wrong about that.
You have to remember: money isn't real. It's a concept.
You can not spend your way out of debt.
Good for him! But I'm a Keynesian.
Not sure why anyone wouldn't like Milton. He ended the draft and was the only decent person around.
https://www.thecrimson.com/article/1966/12/7/friedman-tells-how-to-end-draft/
https://www.army.mil/article/267984/the_all_volunteer_army_at_50_does_milton_friedmans_case_still_make_sense
He won the 1976 Nobel Piece Prize(economics)
But most importantly...he ended conscription.
I disagree. Imagine no SEC. No FINRA. No regulation at all. And that is what the libertarians want.
It would not be good for Joe Sixpack. Or for most people who aren't super rich.
DD Support Board and Fraud Research Forum
This forum is a place for ALL to share and build research and due diligence.
This is not a forum for recommending stocks to buy or sell. It is for information sharing only.
Please do not use this forum to promote stocks.
Feel free to build on the research already done by others or to present fresh new research.
Please start all informational posts with the ticker symbol of the stock.
Important links:
Another place to read some of nodummy's research:
http://promotionstocksecrets.com/
Great Forum for Litigation and Court Docket updates not posted on this board:
www.investorshub.advfn.com/boards/board.aspx
SEC trading suspensions:
http://www.sec.gov/litigation/suspensions.shtml
SEC press releases:
http://www.sec.gov/news/press.shtml
SEC administration proceedings:
http://www.sec.gov/litigation/admin.shtml
SEC litigation releases:
http://www.sec.gov/litigation/litreleases.shtml
Most recent SEC flings:
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=&owner=exclude&count=40&action=getcurrent
Great Website for basic information about the laws surrounding penny stocks
http://www.securitieslawyer101.com
Stock Dilution Scam:
A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.
Pump and Dump Schemes:
"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.
Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.
http://www.sec.gov/answers/pumpdump.htm
The key is understanding
The key is understanding that pink sheet stocks are not investments - 99% of them will lose value over the long run and never accomplish most of their forward looking pumping statements they put in press releases or on their websites. Never believe the hype - always be skeptical of everything you hear.
The people mostly making money with pink sheet stocks are promoters, front loading pumpers with big followings they can dump on, crooks, some of the flippers, and sometimes the very lucky.
Pumpers only tell you to buy stocks that they already own. Pumpers only tell you to hold stocks because they want to make sure you hold longer than them.
They make money by pumping the stock and getting other people to buy then dumping their shares on the followers.
If you really want to take the risk of trying to make money trading pink sheet companies then you have to understand how the game works and never ever hold long term - take profits when you can. Pump and Dumps dominate the IHUB forums.
Trading pink sheet stocks is a sick game full of lies and deceit where people take advantage of the inexperienced and naive stealing away their life savings for their own personal gains.
Very little respect or morals exist in stinky pinky land.
The Consequences of an SEC Suspension:
Complete list of SEC suspended stocks and SEC Admin. Law Judge registration revocations from January 1st, 2010 to May 9,2020:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531213
More information on Suspended Stocks
http://investorshub.advfn.com/SEC-Suspensions-&-Revocations-25334/
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