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I knew that it would not/could not trade before I saw the prediction. I laughed as well!
I make no predictions or recommendations to purchase.
Nothing personal, why try to make it so?
I suggest anger be directed at Peter, the CEO. I know it won't do an good but as I've said previously, it could be cathartic if the anger is directed at the appropriate party.
GL!
lol. it hasn't traded a single share since the R/S. So I
over-estimated :)
Right now the shares are worth Zero
Wrong. Which Friday?? Should we wait and see?
So don't.
That's seems to be the case. All we can do is, as you say, wait and see.
What we've just seen is not impressive!
Enjoy the weekend.
I just read it. So Peter, wanted SkinzWrap to go back to being a privately held company, no more publicly trading.
So what the new company will do then or who own it.
Let's wait and see, still, shame on you Peter.
I think that makes complete sense. I think Peter is done owning a publicly traded company.. SO he sold what then??
Apparently not. Please see post #8089. Skinzwraps is still an operating company, name retained with Peter still at the helm.
1 for 6000 RS??? Never seen one like that!
15000 float? What the ??
I wonder if the name was bought from them, I would sell the cool name of a company like that with a decent profit.
14K float after the R/S.. I wonder what was he smoking.
No one expected this bro.. and Buying or selling is no own faults but the doer..
But Damm, did he have to do 6000:1, SKZW SS was too small already for he to do a huge R/S like that..
Shame on you Peter.
LOL! Anyone with half a brain is already aware.
Maybe one can be found if one does a Google search.
GL!
warning............http://www.otcmarkets.com/stock/SKZWD/quote
My e mail to them:
Good afternoon. As a shareholder, I and many others have questions with regards to the recent reverse split and name change. Will you be updating the shareholders with the reasons behind this drastic action? It seems that Skinzwraps is still going to be in business, so why the name change? Is Peter still involved as CEO? I was told to send my questions to this address after I made phone contact with headquarters earlier today.
I'm looking forward to any response.
Mark
----------------------------------------
FWIW------Their response:
I don't have the answers to your questions. I'm just an administrative person here at SkinzWraps. I believe at some point in time regular contact with shareholders will resume but I don't have any specifics on that. Peter is still and will continue to be the CEO. I don't know what the purpose of the reverse split was, or the name change for that matter. I wish I had more information to share with you, but at this time, I don't. I'm keeping track of those who've written in with concerns and if/when Peter is ready to announce any details, I will personally email you. Thank you Mark.
Thanks Mike. I sent off my questions and concerns and will share any response.
GL!
theres still a company call Skinzwraps.
theres also a company called Evolution Technology Resources.
Seperate entities.
all IMO
Interesting thought. I just called Skinzwraps NY (1 646 351 0026) and they answered the phone "Hello Skinzwraps". I went on to ask if Skinz is still in business as I have read about a reverse split and name change. He asked "who is calling"? I said I am a shareholder and have tried reaching Headquarters, he then said "this is headquarters" and that I should contact info@skinzwraps for any more information. What a circle jerk!
I will send some questions and see if I get any response.
GLTA!
Really? Interesting
Thanks for the reply, that makes sense and better than anything I can come up with.
GLTU
I completely agree, I think we are dealing with a completely different company now, and if they wanna start with a massive r/s that was not needed, they want nothing to do with us old shareholders
imo peter's gone. got paid to leave. issues from lawsuits,
patents, etc. he was on the wrong side. then new shell is not
the wrapping company.
Why? What could be the purpose of a rs with such a low float.
Volume will go down even farther on a % basis imo.
Pump sell shares and rs again, makes no since as they did not dilute to raise capital before and have killed the liquidity.
I thought this might be a time to jump back in, but there is zero volume and the name and split make no sense.
Any thoughts how could this help Peter?
Man, checked back in to see what was going on here.
1 for 6000 on a low float stock, what?
I am sorry for you guys, Peter was not being honest. All imo.
GLTA here.
The name is so incredibly generic!
I do wonder what the "plan" may be. If there is any. If there is, all should hope that the "name pickers" weren't involved.
WOW!!
I almost think, imo, there was a takeover behind the scenes. I wouldn't be surprised if we have a different CEO at this point, and who knows what direction this company will go in. We were all screaming before that there wasn't anything happening, and there wasn't enough transparency. Perhaps that was the way to go over this end result
Why on earth would a company whose product SCREAMS "You can be different! One of a kind!" go with such a generic name?
I am literally scratching my head. This smacks of being a decision made by consensus, which required removing all the sharp edges to get everyone to agree.
Horrible choice.
Agreed! A possible diamond in the making has reverted back to its origin.
GL!
The really galling thing is that they probably paid a consultant pretty decent bucks to help them "rebrand" the company.
Said consultant is probably laughing all the way to the bank right now. He probably just ran a buzzword generator with the parameter for ambiguity pegged to the max and sold the company on how "open ended" and "non-limiting" it was.
"Evolution" and "Technology" are bad enough, but any time a company that is not actively exploring for or mining something puts "Resources" in their name it is time to run, not walk, in the opposite direction.
Ya know, I think you nailed it perfectly.
Geez. They went from a really cool and right-on-point name to a waffely ambiguous we-might-go-in-any-direction mealy-mouthed corporate moniker that is so generic it could apply to any penny stock scam on the planet.
Bad choice.
I fully agree. Here is the last known S/S:
Share Structure
Market Value1 $493,780 a/o Apr 22, 2014
Shares Outstanding 235,133,508 a/o Apr 12, 2013
Float 86,385,137 a/o Apr 12, 2013
Authorized Shares 300,000,000 a/o Apr 12, 2013
Par Value 0.001
After 1 for 6000 R/S the S/S will be:
O/S-----39,189
A/S-----50,000
Float----14,398
Makes no sense to me but I gave up long ago seeking rationality in an irrational trading platform!
only fools would buy there, imho! God...what a freakin' turd! Most that know me know I never post like that, but this one was sooooo unexpected with the low O/S! Wonder if Peter Salaverry still owns his shares as he stated to me in a phone call a couple of years ago?!?! I'm truly sorry for anyone that bought into SKZW because of anything I posted! I seriously thought it would turn out to be a nice stock!
yep! the pos! hope his company does as well as the shareholders did on SKZW, lmao!
new share = $4.80 ... ???
after reverse split ... ???
It's no bother to me. Not saying it would do any good though, it just may be somewhat cathartic for some.
GL!
why bother. its clear what his opinion is of investors.
Any email would go directly to the trash.
I suggest that some favourite words/thoughts of choice be sent his way.
peter@skinzwraps.com
It may be cathartic!
His famous words: "be patient"
Too sad pylehead...the PR's last year were apparently all horsechit! these kind of stocks always leave a bad flavor~
one lesson learned today...Peter Salaverry from Skinzwraps is not for anyone but himself apparently! JMFO!
Sad but true!
GL!
For us, it doesn't matter what their plans are. 1:6000? They are obviously looking to just completely wipe the slate clean and start fresh. Us old shareholders will mean absolutely nothing to them, and that's how they want it to be. Oh well
Looks like many wanted and want out!
You are correct.
I've made some calls to their outlets and they are still up and running.
Wonder what any plans may be if there are any.
GLTU/A!
Looks like someone wanted out :)
The writing was on the wall. The abandoned their facebook page!
You only do that when you go out of business, or die.
What a POS! unreal!
SKZW: effective April 24, 2014 a one for 6,000 reverse split and name change to Evolution Technology Resources Inc.:
http://www.otcbb.com/asp/dailylist_detail.asp?d=04/23/2014&mkt_ctg=NON-OTCBB
Looks like someone wanted in:
2014/04/16 0.0017 0.0017 0.0017 0.0017 2,297,200 0.0017
2014/04/15 0.0021 0.0021 0.0020 0.0020 360,000 0.0020
2014/04/14 0.0024 0.0024 0.0024 0.0024 225,244 0.0024
2014/04/11 0.0025 0.0025 0.0025 0.0025 830,000 0.0025
2014/04/10 0.0018 0.0025 0.0018 0.0025 740,000 0.0025
2014/04/09 0.0012 0.0012 0.0012 0.0012 - 0.0012
Over 4 million shares bought/sold in a range of 40-100% higher than the close of a week ago.
Not pumping---Just FACTING.
SKZW
GLTA!
Still some more volume today, then we'll go back into hibernation
another 3 months before a day with volume?
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