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GOIG was all about increased relationships.
I think ike suttôn need a patent to sell to increase relationships :;-/()
What do you think about such idea ?
A small patent to recover goig loss first investments
Why news are more and more seldom when a company doesnt work ?
And the opposite when it is working
He got a salary to destroy his company you have to know it
Yes you are right but the différence is it is taking more time to reach the same purpose
There is no red flight i think
Nothing just like every days
What does that mean?
He is paying his bills and run away after several years in wasting time baselines
It is concurationnal markets trusted by strong balance sheet and high wages
Yes i think you were right
be sure to check his history(Ike Sutton). his last co's went to no bid. He made $$$$ from selling shares!
SAVW GOIG were the last two.
If success from his start flag up it could grow from abroad also from china
they are way to high! IKEE will fix that eventually.LOL
I think it isnt the good bid and ask
Can you change them for me :;()
GUESS WHAT-- they have the identical address as the former SAVW!!!!!!!!!!! LOL
Had some extra time--and compared info!!
Do you know if gocom is going to merge with tarsier finally ?
The payments are not to Ike, they are to the sellers who agreed to run the business under a management agreement
I doubt TAER will ever get to $1.50, so you know a ton of shares will be issued to dilute the stock from the outset.
A $6 60 watt equivalent light bulb lol lows has them a third of the price.
Another light bulb scheme? Compete against Phillips and Sylvania hahahahhahahahhaha with cheap Alibaba Chinese light bulbs? Very generic website imo lightupamerica.net
Yes! Plenty of DD here to see enough to STAY AWAY.
SAVW,GOIG-- he had a good thing-and RUINED IT!
Was his intention to have a business--OR--just sell shares?!
IMO-SELL SHARES-take a big salary- $360K annual here at TAER.
Wow Ike is going for the gold were is the SEC when you need them
I will be sure some idiots are going to pump this crap
Haha Ole Ike up to his old tricks again a fashion channel? Lolz
$360,000(annual salary) is big $$$$ in my book! I would not be trading pennies if I made that much.
$30k / month is a lot of cash considering the history of shareholder destruction.
+++
In connection with our acquisition of Bulbs, we agreed that, for a period of three years from the closing date, the board of directors of Bulbs will consist solely of two representatives of the Sellers (which initially shall be the Sellers) and one representative of our company, who initially shall be Isaac H. Sutton, our sole officer and director. Bulbs also entered into a Management Agreement dated as of December 30, 2016 (the “Management Agreement”) with a newly-formed entity created by the Sellers (the “Manager”), pursuant to which the Sellers, on behalf of the Manager, will provide certain management services to Bulbs for a period of three years from the closing date. In consideration for such management services, Bulbs will pay to the Manager $30,000 per month. The Management Agreement contains provisions for its termination for “cause” and “good reason”, as well as confidentiality and non-compete provisions that are binding on the Manager and the Sellers, as are generally contained in employment agreements.
Ike will be paying himself $30K per month! $360,000 per year! Lots of info in the 8k-- especially the basis for the buyout- $1.50 per share--subject to current pps!
BTW--where did the $695,000 originate???
SAVW? GOIG? Same old IKE! Look out below(PPS).
This time Ike will blame TCA and the Sellers. I would read the 8-K very carefully. It tells the entire story, good on the surface but a truly bad deal.
WATCHING Just to see what happens--will newcomers take the bait--OR-- the DD here on the board?
Ike will not change-- who will he blame this time???
PPS already down from .80 (90%)
1.2 million reasons + interest for massive dilution.
LMFAO
Pursuant to the Purchase Agreement, each of the Sellers will receive up to 100,000 shares per year of the 600,000 shares of our common stock that are held pursuant to the Escrow Agreement depending on the revenues and earnings of Bulbs each year for the three years ended December 31, 2019, with the maximum of 100,000 shares to be released if Bulbs has at least $2.5 million of revenues with a 15% profit margin in any such year. With respect to such shares, the Sellers may elect to have us purchase such shares from the Sellers at the time of release if the then-current market price of our common stock is less than $1.50 per share, subject to adjustment. However, our purchase obligation will be subordinate to our outstanding indebtedness to TCA Global Credit Master Fund, LP (“TCA”), pursuant to the terms of the Senior Secured Revolving Credit Facility Agreement dated as of January 29, 2016 (the “Credit Agreement”) between TCA and our company.
In the Purchase Agreement, the Sellers have agreed that they will not sell any of the shares of our common stock received pursuant to the Purchase Agreement, including any additional shares released to them pursuant to the Escrow Agreement, except pursuant to a licensed broker reasonably acceptable to us and in an amount on any day not in excess of 5% of the average daily volume of our common stock during the immediately preceding 15 calendar days.
Concurrently with the closing of the purchase of Bulbs, we drew down an aggregate of $1,200,000 under our credit line from TCA under the Credit Agreement. In connection with our acquisition of Bulbs and such borrowing, all of the assets of Bulbs was pledged to TCA pursuant to the Security Agreement dated as of January 29, 2016 between TCA and our company, and all of the capital stock of Bulbs was pledged to TCA pursuant to the Pledge Agreement dated as of January 29, 2016 between TCA and our company.
http://ih.advfn.com/p.php?pid=nmona&article=73593319
If someone reports the company to OTC Markets for releasing news while they're a delinquent filer they will go to Caveat Emptor.
Look ABOVE ---"NEWS" 12/13/16
I don't see anything since February 29, 2016.
http://www.otcmarkets.com/stock/TAER/filings
Agreed! I would expect a barrage of PR's prior to dilution.
Typical IKE agenda!
Doesn't mean a bunch of new shares weren't issued: just not sold into the market.
there has been very little volume!!!!!!
Apparently it didn't work. Curious to see how many new shares were issued this past Quarter.
Todays PR is an attempt to bring in NEW SUCKERS-Do not buy this POS--do some DD- SAVW-GOIG- Ike Sutton is the CEO.
He will be happy to TAKE your money. His HISTORY is on record.
Like Sutton sucks. Hope he goes to prison
Ike Sutton is involved here--look at SAVW and GOIG.
SCAM CITY! This will eventually go to no bid--IMO.
Old habits are difficult to change.
Can you trade it-SURE-Just be AWARE and CAUTIOUS.
Looks like a scam.
I guess you know better than me. How much did you lose in last Sutton deal.?
Nope, still the same scam.
Looks like this co is on the way up!?
Thanks for breaking it down.
Do you realize that the entire contract is not written as a short position, but an option to purchase at market? TAER buyers got the "benefit" of starting at $1 and now if they wanted to liquidate the "get out of dodge" price is $0.0185 (92%+ decline). There's only one person that has so much interest ($120k / years worth), so he'll continue to exercise it as buyers dollar cost average lower.
If a product shows up (as at GOIG - 1800 number, or SAVW - ecopoles), those are props for increased investor interest for Ike Sutton to sell into.
I can pretty much promise you this much, TAER will never get to $0.58 ever again without a massive R/S, so you'll never recover your principal.
http://www.otcmarkets.com/stock/SAVW/profile
http://www.otcmarkets.com/stock/GOIG/quote
This time will be just like all the others, with some variation.
For whatever its worth: If you want to understand how Ike Sutton "management team relationships" work, speak with Michael Haug who was the manager at SAVW.
Enjoy your day.
I don't mean to be naive, but wouldn't he be required to disclose a short position and sales of his stock as an officer of the company?
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