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Straight from their earnings report (12-31-2023)
--------------------
2023 2022
OPERATING ACTIVITIES
Net Income (Loss) $(15,719,054) $ 7,542,568
The number of shares outstanding of our Common Stock was:
8,000,268,251 as of December 31, 2023
3,401,268,251 as of December 31, 2022
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https://www.otcmarkets.com/otcapi/company/financial-report/397430/content
"Anyone in their right mind knows that PSRU is a typical OTC scammer. But scams are where some good money can be made."
-Now this I can agree with!
No one knows what the future holds. That being said buying this stock for long or short term as not been a profitable adventure.
I haven't seen one profitable endeavor from this company (remember fungy.io?). Meanwhile, the float has gone up by a staggering 20 billion shares since 2021 (I have the data to back that up as well).
Its unfortunate but it is what it is.
I post here to prevent others from being duped. Simple as that.
Ok. You very much might be correct. I'm only going by the "outstanding shares" count. That being said, even the amount you subtract from DTC has increased.
I believe WSJ data is incorrect. The link below has more accurate info.
https://www.otcmarkets.com/stock/PSRU/security
Outstanding Shares
12,860,268,251
Float
9,860,166,549
Regards.
Edit: Apropos, another 1,100,000,000 outstanding shares have been added/issued since February 24.
Going against the estate of a deceased person is common practice.
LOL!
Probably mommy's basement...LOL.
Some people can't accept the truth.
Thanks very much for all of the information. It seems this company has practically no hope anymore IMO. When they were generating revenues they probably could've paid off some of their debts. This company makes no money and basically their patents have practically no value.
IMO their best hope is to expand internationally where laws are different and work on their veterinarian products. Not that I think it will happen.
I guess I'll have to give you credit for stating this for quite sometime.
I "invested" in this stock many moons ago when "stem cell therapy" at the time was an upcoming big thing. I expect this stock to be a tax-write off for me down the road when I start selling my profitable stocks.
Oh well, that's life. It's best not to dwell on past mistakes but rather to learn from them.
".Comella is off running another "Stem clinic SCAM" on her own now and getting her sorry ass sued off also in several lawsuits....she already lost one at trial....and is "Trying" to avoid paying by pulling a shit-show BK scam and fraud.....same old same old with these 2-bit scammer charlatans.....:))"
-Do you have any proof/links for that?
Thanks for the link. Unfortunately I can't log in right now. Not sure if he's actually guilty of fraud though.
Do you have any links or proof on this? I knew he was full of it however I didn't realize it was THAT bad.
I'm not even sure this company exists anymore. I've called, emailed, checked anything related to the company...crickets.
No filings, etc. Might be time to put a fork in this one and call it a "tax write-off". A shame given I was up quite a bit on this at one time. Oh well.
Is there any PROOF that it was "noteholders" selling and/or they are the 2nd to last batch of noteholders? I'm quite curious about this group.
Regardless, IMO stock isn't going to go anywhere and has been a poor trade/investment for many and that is why I took my loss which at least allowed me to offset my other nice profits.
Hoping people read this board so they don't get scammed into buying this money-pit. I'm hoping at the very least people do their DD before buying this stock.
I used to keep track of the dilution of this stock almost on a monthly level. After about 8 months, I got tired of keeping track and subsequently decided to dump all of my shares as well (last year). Took my capital loss and moved on.
Funny (sad actually) how the cheerleaders are still here while the stock has lost 99.9% of its value in 2 years..LOL.
Yes, the SEC needs to crack down more here in penny/sub-pennyland. Its incredible what management is able to get way.
I actually have some data on it, though I haven't kept track since I sold my shares earlier this year. It was intermittent data from 02/2021 to 07/2023. Here are the 1st and last piece of data I have.
Date Market Cap Outstanding Shares Restricted Unrestricted Held at DTC Authorized Shares Float
02/2021 3,115,048 129,793,650 40,101,702 89,691,948 85,935,412 5,000,000,000 N/A
07/2023 504,127 5,041,268,251 190,101,702 4,851,166,549 4,430,689,430 22,000,000,000 N/A
In about 2.5 years, outstanding shares went from about 130 million shares to 5 billion shares...meanwhile the market cap dropped to about 1/6..LOL....
Nothing has come of the PRs, movies, etc. The Fungy website was a complete flop.
The only thing I've seen with PSRU is an increase in shares.
Glad I'm out of this junk.
Buyer beware.
Someone quite sometime started to insult me when I said there was a chance EEGI might go back to the current lows. Guess who's the idiot now?
IMO EEGI is possibly looking like a buy at these current prices.
Whatever happened to that lame CEO Jerry Mahoney of ivoice.com
The only people who have been correct on this board are the ones who've said this stock/company is horrible as an investment.
Prove the above statement incorrect.
I called the number on their website a few weeks ago and left them a message on voicemail (no one picked up the phone). Told them I'm an investor in their company and if there is anything on the horizon regarding the company. Got "crickets".
I'll call again sometime soon.
From the PR:
"We have just hired a royalty to assist with our international expansion and other existing initiatives!"
The only PR this company should come out with is "we love diluting shareholders"....LOL!!!
LOL...keep dreaming.
$100 million acquisition with market cap of <$800,000..LOL!
LOL...more nonsense PR junk.
Meanwhile, the outstanding shares will head towards 10 billion..LOL.
Yes, I got at least with something, which unfortunately IMO won't happen to many others who stick around.
So glad I'm out of this turd. Yes, its a sucky tax write-off however knowing I don't have to follow this company has been well worth it.
Reason why I'm here is to inform (innocent) others NOT to invest in this JUNK company!
More utter useless "press releases". Where is the stock price right now? How man tens of billions of shares have been authorized the past year? Where is the stock buyback?
That's right. All garbage.
Hopefully no one will "invest" (and probably lose money) on this junky stock and company.
LOL!
Junk, junk, juuuuuuuuuuuuuuuuuunk!
Tax write-off however I'm so glad I got to have gotten out of this GARBAGE of a company.
Hope you are out of this garbage of a company!
Yes, I would like to see what kind of nonsense management will try to pull off again.
There is no way they will be able to get out of this mess without a massive reverse spilt.
They are saying "no reverse splits" however they didn't say they won't in the future.
I've seen other companies which offer billions of shares, reverse split, etc. however I've never seen one as poorly managed as this one with nonsense garbage hype all the time. .
I'm done with this stock for good - thank goodness.
As promised, I will be dumping my shares as a write-off. I'm out.
Maybe I'll stop by from time-to-time however I can't make any promises.
Good luck to all here.
Wow...from 5 billion authorized shares now to a staggering 22 billion authorized shares.
Here's what 22 billion shares looks like: 22,000,000,000. Let that sink in.
IIRC management said "we're not doing any reverse splits" however they failed to mention they will dilute be a staggering 17 billion more authorized shares.
The float is now at 5,041,268,251 shares outstanding. In Feb. 2021 there were about 130 million shares outstanding. Talk about mass dilution. Damn!
This stock is definitely going to be a 2023 tax write-off for me. I can't wait until I get out of this piece of junk stock/company.
I've seen really bad management the past 25 years in "pennyland" however this takes the cake.
I have no trust in Mr. Xavier....at all.
That's my guess too. We'll see.
I'm hoping that my order at .0003 goes through. It might (eventually) happen, it might not. I'm leaning towards "it might not" though..LOL.
We'll see.
How about that "Valiant Eagle, Inc.'s (OTC: PSRU) Fungy Marketplace Announces Groundbreaking NFT Content Agreement with Cinevision Global"
https://www.prnewswire.com/news-releases/valiant-eagle-incs-otc-psru-fungy-marketplace-announces-groundbreaking-nft-content-agreement-with-cinevision-global-301376328.html
http://www.fungy.io
So much for that one.
Anyone been to their website lately?
https://valianteagle.net
Looks like a kindergarten class can come up with a better website than that one...LOL
What a company...LOL.