is...retired
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For those that don't know, John Park approached NHMD (Nates Food Co.) first with the chicken paw and sugar deals. It was supposed to be a reverse merger, but they had a falling out. By that time, I had a big pile of Nates stock, which I still have. John Park then approached Spooz and you know the rest of that story. I followed him here and bought up as much stock as I could afford.
Nates continues to talk about these deals, but it was originally brokered by part of JP's organization, so I can't see how Nates could actually have any contracts, specifically sugar and chicken feet, unless he managed to wrangle such contracts on his own. Clearly, he understood how to set it up, but I really don't think Nates' contracts are real. Time will tell, of course. I would like to get my underwater Nates stock out of the water!
Some people don't trade stocks. They write stuff and get paid for it. How else would one person have over 100,000 posts? One of our moderators fits that model. My rule is just don't trust ANYTHING that ANYBODY writes on a gossip board. Everyone writes because they have a goal. I go by what the company posts and files with the SEC. Everything else is suspect.
Hi, Mary, it's been a while!
Yeah, ever since JT originally took it over. I stupidly bought $500 worth of MJCoin, too. That just disappeared. At one point, I was managing over 280 M shares. Sold half in 2021 when it spiked and I became financially secure. Bought dividend paying stocks with some of it which brings in about $2500/month every month. That's more than my Social Security, by far. I still manage about 30M shares in multiple accounts. At least all of those were from trips, so I can just sit on them forever. Can't complain about NSAV any more - it has done me very well.
We'll see. I've been a shareholder since early 2017, and I know just how many 'deals' have been announced since then. It remains to be seen how that $23M is accounted for. I know how to read annual reports, and I don't see anything but losses.
It also shows him as secretary. But he has not been CEO for about 2 years.
Just look at OTCMarkets and see how many shares are 'held at dtc' for any company. But I've had NSAV since 2017 and the old CEO - JT - said he would never get NSAV DTC qualified in writing. You could find it if you searched right here on ihub. That was probably around 2018...
It's probably because they are not DTC qualified. An opening position is simply a buy. They will let you sell, but not buy. Schwab is not the only broker that won't let you buy NSAV.
And I still have 500K of those 2017 dividends. If NSAV management thinks they are going to get DTC qualified, those shares will have to be registered, and unrestricted. That's what I've been waiting for...
If it's not in the spooz fins, it isn't true. But why dig up shit like that which can easily be seen to be a lie? Oh - that's right...
Not exactly. Finra is not responsible for tickers, the SEC is. SPZI will or has applied to the SEC for its ticker of choice, and is/will be waiting for approval. One would hope that it would be complete by the filing of the first quarterly report by JP3E. Due up by May 15...
When a company is alternative reporting, not SEC reporting, the fins are not audited. The attorney letter is required for annual reports for those companies. Once JP3E becomes audited and SEC reporting, those attorney letters will not be needed.
You do realize that the bashers are doing their job, right. Their job is to get you to respond to their posts. It has nothing to do with 'helping' anyone except themselves, and you do help them by replying.
Your words make you look foolish, because that is EXACTLY what they want from you. The ONLY reason they write such stuff is to goad people into responding. When you respond, it looks as if you believe what they write. Use your ignore button, so you are not tempted to write to them or about them.
Uh, those financials were for a different company. That company doesn't exist any more. What should the market make of the financials of a dead company?
Could you give it a rest, please? The annual report was for spooz. It mentioned that there was a change in control. After the FIRST filing of the new conpany, JP3E, we will see what they have done in Q1. They didn't do ANYTHING before end of year to report. So, there was nothing to report on spooz's annual report. JP3E HAS ALREADY REPORTED THEIR ACTIVITY SINCE THEN PUBLICLY. NONE OF THAT BELONGS ON SPOOZ'S ANNUAL REPORT.
And an executed contract simply means there is a signed contract. It's a piece of documentation that shows companies agree on forthcoming activities. Shipping products between far distant countries means arrangements must be made to purchase, arrangements must be made to schedule ships to arrive at the shipping port, arrangement must be made to deliver the good to the ship(s), Arrangements must be made to load the ship, and at the receiving end, arrangements must be made to clear customs, and unload the ship where the buyer takes custody. You don't just snap your fingers and all that stuff happens in a day.
Wait for the frigging report to see what has been accomplished.
All this speculation does nothing but bore the hell out of those of us who are waiting to see what has been done.
And, in case you don't understand how a reverse merger works, that is online. It is how a private company goes public, using a nonfunctioning public shell as the public entity. Then comes the name change, and finally the ticker change.
The annual report was for spooz, not JP3E. The change of control WAS listed, but that's all that should be in subsequent events for the spooz annual report.
It won't happen again - you're added to my ignore list. And I'm not the one making insinuations without knowing the facts. You are grasping at straws. Just like all other unproven assertions, they are meaningless. But the meaning you are insinuating is clear.
"I don't have a clue"
Right, you don't!
Uh, shareholders of record have their NAME on the stock, not a broker's name. In other words, they outright own their shares, while we don't if we use a broker. All insiders are shareholders of record. I have millions of shares but I'm not a shareholder of record.
SPZI is not going to dilute to do business. You can forget that. They have STATED that they have the financing. Quit dreaming and just let it play out. We will know when they post it! This idiotic banter is plain stupid. None of us know how they are going to do the deal, and dreaming up schemes like diluting is just silly.
From what I've read, a private party, or a partner has funds for this purpose. Clearly, they would receive interest on that money, but if there are no banks involved, they must have a method, and as I said, we will see on the Q1 filing. We can't know what they have not told us, so everything else is simply speculation. And of course, there is that Asian bank that they mentioned. They said they don't have to borrow, so we will see how they fund it when they tell us.
They have already stated there is no need to borrow money. Financing is already available.
Q1 is due in 45 days, and that should clear everything up. There should be both revenue and some level of profit, the first of many.
You realize, of course, that idiotic comments like that just earn you an ignore, right?
This message board is for discussing the company and its stock, not bullshit like that.
Day traders take a little profit over and over. They take their 10% whenever they can. They typically have shares in several companies, and set their sells to happen when the share price hits the 10 (or other) percent point. There isn't a reason for it, they are simply doing what day traders do.
The price declines because people sell at market. Period. Or if they sell at a limit, their limit is below the share price. Most inexperienced traders sell at market. That makes buying opportunities for those of us that understand that.
That's what I meant about unrealistic expectations. That was spoken by a true pumper. To prove it, go read their postings. They say the same exact things in every company they post on...GET IT???
Yes, that is correct. But it is much harder to detect, because no one wants someone bashing their stock, but they don't see much of a problem with positive statements, even if they are dreaming. Like posting predicted price points that are ridiculous.
It is ONLY replies to bashers that are counted. I called them votes because it is a COUNT that is important to them. It doesn't matter what anyone writes to a basher, they don't read them anyway, and neither do those that hire them. We are the only ones that actually read those responses. EVERY response elicits a smile from a basher because they have enticed someone to respond.
Remember, what bashers write is demonstrably incorrect, and they know it. That is how they tease you into replying.
People that post negatively but state actual facts are not actually bashers, they are simply stating a fact. These are things you can look up for yourself. If you have questions about who may or may not be a basher, you can click on their profile and go read their posts on all the boards they post on. Their pattern is easily discerned.
It is called 'trading groups'. They pay both bashers and pumpers to elicit responses from stock message boards, in an attempt to influence stock price. It is strictly illegal, and it is next to impossible to identify these groups. Some have been caught and you can find the news about them if you search hard enough.
What is illegal is influencing stock price. It is not the company and it is not MM's. It is groups of traders, generally what we call 'whales'. They have many millions of shares, so making money is a matter of influencing the share price up or down to suit the current need.
The bashers/pumpers are paid by how many responses they receive from their activities. These responses are counted, and they are paid accordingly. No one reads those responses except US. So, any response to a basher is actually a 'vote', and the votes are counted, not read.
Ok, enough! This message board is for discussing the company and its stock! If you feel the need to chat, go private. The rest of us don't want or need to see this off topic stuff.
WOULD YOU JUST STOP POSTING EVERY FUCKING NEWS ARTICLE THAT IS ALREADY AVAILABLE AT OTCMARKETS.COM? JESUS, GET A FUCKING LIFE. ANYONE WITH THE SLIGHTEST INTEREST IN THIS STOCK WILL HAVE ALREADY READ IT. I PUT PUMPERS ON IGNORE, JUST LIKE BASHERS. BUH BYE!
They aren't making claims. They are trying to make you respond. You do it and they smile and get paid. That's what the ignore button is for.
In case you don't recognize what is happening, they aren't even talking about the company. They are merely luring you into responding by saying whatever it takes to get you to respond. They make their money like that. They don't buy or sell shares.
No, snow, market makers are not traders. They don't 'buy when the market comes back'. They buy when someone sells at a price within their spread. That is the law. And no, there is no naked shorting, which means selling shares you don't have and can't get. Every transaction by any MM is logged as to who sold, who bought, which MM(s) were involved, what the prices were, what the spread was at that time, and the time. MM's can short, but they are supposed to cover the same day. You see that at the close, often. If they are not closed, the short report, which is updated every 2 weeks, identifies who has not close out a short. That is only mm's because, regardless of what people say, you cannot short penny stocks, even if you wanted to, and could afford the margin. Why would anyone put up $2.50 to short a share of stock worth less than a penny? The most they could make would be a few percent of that sub penny stock, but they could lose the $2.50 if the stock goes up instead of down. It makes no financial sense, and brokerages simple won't process those orders. Etrade won't permit shorting any stock that is below $5. It is a WASTE of their time to futz with that.
The whole OTC is managed by automatic computer processing. There are no 'live' people handling transactions. If there were, the trading of 10,000+ public OTC companies shares would take forever, and there would have to be an army of MMs. The OTC trades BILLIONS of shares DAILY. There were 265000 OTC trades just yesterday, worth 1.9 BILLION dollars. And every single transaction is recorded automatically for future auditing.
Snow, they are not communicating with us. They are tempting us. If they were communicating, there would be a response from them. They tell lies JUST to get responses. Don't you realize they don't even read what you write in response? All of these companies go up and down. It is called volatility. If two people say the opposite thing about a company, one will almost always be 'right'.
I've made over $120,000 on SPZI so far. That, IN SPITE OF all the bashers, who LOVE this board because there are so many that respond to them. Those that respond are virtually always shareholders, and they care about the company. The bashers are virtually NEVER shareholders and they don't care WHAT happens to the company. You can't use logic on a basher.
Snow, bashers are NEVER wrong. Don't you understand that? Their words are BAIT. They are TRYING to get you to respond. What good is your response if they don't even read it? They DON'T read your responses, they move on to a different board and sometimes simply paste from one board to another. I have proved that right here, where I copied the responses from three separate boards which were all the same. Think of them as whack-a-moles...
Posting nonsense on 10 different boards in one day - why would anyone do that? The answer is that is the game they play, and they would not do it if it didn't pay. And no, they are not trying to get the stock to tank - they care not what the stock does, even if its rising quickly - all they want is a response. Those are counted and they get paid for them. The content does not matter, no one cares what is in the responses. It is the NUMBER of responses that matters to them.
Bashers CAN'T be wrong. Nor can they be right. They are not shareholders, and they are not trying to protect you. WE respond to each other. Bashers do not respond to ANYONE. It is this behavior that is the most telling clue. They make assertions, but they do not debate. It is one-sided. They don't READ your responses either, which is one good reason to never respond to them. You are not talking TO them, you are PAYING them.
The SEC issues tickers. They have many available, and you can request a specific one. You can't pick one that has ever been used. So, it is a process, and it is more complicated than changing your own name. You also have to remember who is doing the actual work of getting the 'business' up and running, and updating OTCM, getting the auditor up and running, and getting hands on the books of the old company while keeping track of what is actually going on with the new company for SEC filing. The annual report due later this month is the Spooz books. JP took over in mid December, and that event must also be filed in the annual report. As a past director in a public company, I KNOW how much work it is to keep track of every event and penny used by the company.
There is no reason anyone would spend hours pounding on a company other than to get paid for it. Does ANYONE, ANYWHERE, think that bashers are actually looking out for you? The very word bash means to lie. Don't be a sheep - wait until the company actually gets in gear and commences filing its fins. I can't believe anyone would take them seriously, especially when a new company has taken over an old one, and has not even begun to perform the duties of a puplic company.
Snow, they had to wait to get their approval before they could file their annual report and update the OTC pages. They also have to gain their new ticker before than can start using it. Give it a rest. It takes time to get things done.
For those considering the postings of the new bashers, just remember one thing: Wait for the fins to post at end of month. Might be a delay on posting that because of the change of ownership and getting the auditor into the loop. Hard to tell anything until we see what is presented.
We know there has been no revenue for 2023, so don't look for that. Q1 is due April 15, and then we'll see if any money has been made in Q1.
JP knew what the OS was when he took it over. I'm sure he'll do some reduction on that, and it has already been stated that an RS is not part of the reduction. The only other way is by buying shares back, and that can only be done with profit.
Lastly, JP and his partners have spoken of what they plan to do. There is nothing to indicate that they will do otherwise. The bashers look at the old company and attempt to use that to badmouth the company. It isn't that they don't have a clue, they KNOW what they are doing - they aren't even trying to make the stock go down. They are simply trying to get people to respond to them. DON'T DO IT! Go to their profile and read their last 50 messages. That will give you a good idea of their motivation.
That was not my point. YOU said to 'study the history' of SPZI. I said WHAT history. There is nothing to study.