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The water heater was definitely a scam. It may have not started as one, maybe they really did believe they could have had something at some point but I think they realized pretty early on it wasn't going to turn into anything real but they kept stringing people along for years. And then they jumped from water heaters to weed?? Come on... If they would have went to maybe using the technology on a dish washer or toaster or whatever then maybe OK but at this point it's pretty obvious it's just a shell used by some guys (guys who look pretty damn dirty) to make a quick buck...
Sure, just like any penny it can be used to time some spikes here and there but I'd rather invest in something that has an actual chance of being real and taking off. It's hard to prove 100% something is a scam but this particular one stinks waaay too bad to be worth wasting time with. Not saying there isn't a chance it turns into something profitable but that chance is so close to 0 that it's basically 0...
Anyway, whatever, not gonna get into this ihub debate craziness again, just saying that I've been in this a whole bunch of years and went from a very strong believer, putting really big money into it and arguing for it, to being 100% convinced there is absolutely nothing real there.
I've been in this way back in the water heater days and I used to defend it too for months if not years but unfortunately this is 100% a scam and a turd. I used to have posts removed fighting with the people who tried to convince everyone to stay away but they were right. I'm technically still in it, just use the losses for tax every year as needed (yay...). There was a huge pattern of lies and delays and avoiding answering questions and righteous indignation whenever we pressed for info. I don't even know what they are up to these days and what the latest news is but I promise you it will never be a real company. If you time it right you might take advantage of the occasional spike but there are plenty of better pinkies out there. Do yourself a favor and listen to Earnest and sunspotter.
Hey sunspotter, Beer, good to see u guys still around. Been forever, kinda gave up on this turd :). Looks like they're really into this weed thing now. Well, lol the way WDRP is "into" anything... Is anything good going to happen with the pps or should I get rid of what i have left? Might be another 5 years till they rinse and repeat again, don't want to miss the peak.
Lol I'm not angry, I passed that phase long long ago. I'm in the acceptance phase now :)
Of course with the right PRs this could go sort of high, just like it did with the water heater. They would be 100% lies but whatever, it could take it to 5c or so. But the problem is at the moment it looks like a very feeble attempt to actually get anything going, it looks more like them trying to provide a cover and not go to jail, or at least reduce the chances. If you compare the latest lame half-assed PRs with the elaborate, detailed but at the same time intentionally vague ones from year back it seems like they aren't putting a ton of effort into this. Even the cheering squad is much smaller and less convincing than past efforts. And this time around they have to go against a bunch of people itching to sell and get out so it would take a lot of pushing to get it to break upwards. Anyway I guess we will see, I sure hope it takes off. I have a ton into it so I won't even knock it anymore...
I sold less than 10% of what I was holding so far "bro". But I sure as hell will dump all of it as soon as I'm not losing too much. Forget profits... And the quick flips people will try on this won't be nearly enough to push this anywhere far and will be offset for a very long time by people dumping.
I get you need to do your thing but with this one it's like trying to sell the Titanic as it's going down. Anyway, carry on, I honestly hope u are good at what u do and u prove me wrong.
Come on... Sure it will have some upward movement but this isn't going anywhere far anytime soon for the simple reason there is 0 trust in the company and a huge percentage of current shareholders are looking to dump and get out. The majority of shares would need to get into fresh hands for this to move. And I don't see why this would happen in a hurry with the crazy lies so far and the lack of any plan for the future. You'd have to be seriously stupid to get into this right now, other than the occasional flipping and you'd have to be crazy not to get out when you can.
Lol. It should not take long for some parts to get shipped from Asia either but then again this is WDRP... So he'll prob be reorganizing himself for a few good months. Plus they need more time to go by so the huge amount of lies are further in the past and fewer people point them out.
I think they moved Andy from PR to pumping...
At least something is happening, maybe a couple little pops here and there. Maybe they even make up some new BS, part of the rinse and repeat, and it gets a good jump in a few months...
I wonder if the parts from China are back yet so testing can resume? They don't even bother with updates anymore... pretty sad. At this point I really wish they went to jail but I don't know about that, really doubt it.
This whole weed thing isn't a bad idea. If they paid dividends in weed it would make reading their PRs a lot easier and with a lower chance of one of their investors eventually snapping and going after them. And at least we would know why it takes them years to accomplish what an average adult can accomplish in weeks. The company motto could be "Still waiting on all fronts. More soon."...
Buy shares, shamelessly promise a bunch of crap that isn't even remotely true, sell shares on the rise in pps and then wait for people to give up any hope before rinsing and repeating.
It is entirely possible that they are simply incredibly stupid and incapable of running a business and once they realized they were in too deep they started lying but originally they genuinely planned to release a real product. But I think it is more likely they knew all along the chances of that happening were almost 0. And I think there is no debate at all that right now they are lying and covering up, by choice, regardless of how it all started.
Unfortunately it looks like it's us they're dumping right now, not Robby. Not a peep out of them in forever. And we are all resigning to the idea that it's done... Their plan worked pretty well i'd say.
Patience, they told us the parts for the heater are on their way back from China. And Robert is personally handling it and will update them shortly. They are probably using a very very slow shipping method, to save money. Maybe a combination of walking and row-boat... But once they get here it will be revolutionary and we'll all get rich.
If you call or email lately the vast majority of time you get no answer at all. When you do get anything it's along the lines of the BS in their PRs "we're working on it, looking forward to changing the world". And when you dare ask harder questions like hey you promised this, never happened or how is it possible shipping takes so long etc Andy just gets really mad and starts saying it's all the fault of the "bad people" on ihub and how dare we question the company when we never tried to do the amazing things they are doing and have no idea how hard it is. So talking to them isn't really an option because they don't talk back.
Lol no I'm just on the phone with them now... Any messages from anyone?
I agree... At this point I think it is 100% obvious that there never was and never will be a heater and that they knew it all along. At least some of them. Maybe to some people this was obvious sooner and most of us have at least suspected it for a long time now. Going forward we have to decide what to do about it. They basically plain lied to us. It may or may not be worth going after them but waiting further won't bring anything from them. At this point, seems to me at least, there can't be any reasonable excuse for what they are doing and they aren't even telling us anything anymore. Maybe 6 months ago a case could be made that they are a very small company, very small budget, very complicated parts, very unlucky, whatever so hence the delays. It was a stretch even then but now I think they've been "getting parts" for at least a year. They are lying and stalling hoping that this batch of investors just gets tired and gives up and the fresh batch of suckers can be reeled in. Ball's in our court now. I for one am willing to put some money and effort into suing them if there is enough support from a large enough group to do that.
Yeah, nobody is complaining that a penny stock company didn't come up with a revolutionary, market changing product. Probably happens in 1 in 10 cases with these little start-ups, if not 1 in 100 or 1 in 1000. If they had been upfront about it and truthful about progress and what they can actually deliver they may well have a lot of investors left for the next thing they want to try. But they outright lied, in a really big way, over and over and over. Heck, they are still doing it... Plus refusing to answer direct questions, blaming investors, pretending to get all mad when they know they are in the wrong... Those are the problems.
First, I wasn't saying it can't happen. When you do the kind of stuff they seem to be doing getting in trouble is never out of the question. What I was saying is that that's a maybe (how likely it is depends on individual opinion) while the lack of confidence is a 100% sure thing.
And second, that Amyot guy isn't an integral part of WDRP at this point, him getting in trouble (again, assuming it ever actually happens) isn't saying anything will happen to the company. Sure, it might, but it's another level of maybe.
Bottom line the chance of the pps being hurt by the investigation(s) now or in the future, while very real, yes, is far smaller than the chance it is hurt by the lack of confidence, which is a guarantee at this point.
I think the biggest barrier to the pps gong up isn't really any potential investigation or the fact that some of those guys have a bit of a checkered past. Penny stocks can hold up or go up despite these things, this one has for a long time. And realistically it's very unlikely anything will come from those investigations. It's been too long with nothing at all.
The biggest problem is the complete lack of investor confidence. It literally does not matter what they come up with or say, nothing will make the price move up. There are way too many people more than ready to get out. It would take a completely new set of investors, completely unaware of what is going on and I don't see that happening any time soon. They could genuinely build that heater thing into a competitive product and it won't make one bit of a difference, unfortunately.
As far as an actual product, nothing. Changes were mostly in investor sentiment, likelihood of company getting sued, that type of thing.
This would make a good sticky. Come to think of it a timeline of the last 3 years would make a good one too... All the broken promises, all the delays, the sorry excuses... So we can see it every day :)
Still nothing here... They just packed up and left the country or what? No recycled rubber or whatever their latest plan actually is, no electric car, no water heater... Nothing from the AMF... No more posting even. I feel like we're letting them get away with it.
These guys used to be better at this whole being crooks thing... It's like they've given up, like they don't try anymore. They played up that whole heater thing so well. I almost never go into penny stocks, definitely not more than a few hundred bucks and I was sooo convinced. Lately they aren't on their A game at all. Seriously, just extend it by a month, just like that... No explanations, no nothing. We deserve better WDRP! Lie to us like you used to, make us buy it. Think of how you will look in court too, do you really want five PRs in a row that just say deadline extended by exactly one month? Come on, we know you can do it.
It posted twice, not sure why...
So just like that, another delay. No mention whatsoever as to WHY the parts for the damn heater aren't ready already after I don't know how many months... This is ridiculous. Even with that new tire scam, just a random delay, no mention as to why...
Maybe we really need to get together on another forum and discuss moving forward with shaking them up a bit, legal-wise. It may not be that expensive and it would feel sooo good. There may even be a little money to recover. Or who knows it may motivate them to up the pumps or get rid of Robert's shares or something. Plus it would keep others from "investing" in these guys.
They probably ran away to a place with no internet...
So that's it WDRP, that's your plan to get out of delivering the water heater? Sticking your head in the sand, nothing else? Just pretending that it never happened. Years of detailed PRs full of promises and "just around the corner", "ready for production" updates don't just go away. If you want to move on to the next scam, the tires or whatever, you have to do better than this, sorry.
Yeah they moved a little slow in the past but once both the businesses get going... watch out! We'll be printing money. :)
No, they are just about to complete the water heater, it's just around the corner...
Hmm, pump and dump you say... I've already been "pumped" before so I'm ready for the dump. Unfortunately these guys seem to suck at everything they do, I don't even believe they can put together a proper pump. Other than outright lying but even that is only in case their previous lie doesn't catch up to them first...
It is good they are doing something and it is better than nothing. And I suppose it might help get out of this with smaller losses, hopefully... Unless they dilute to raise cash.
BUT it is definitely not good as far as the chances of getting a heater go. It's a pretty clear admission it was all doomed from the start and there was never really anything there. Otherwise what sane (and real...) company goes and completely changes it's area of activity (and I use the term very loosely since they never do anything) when its revolutionary and only product is just about to be tested and released?
Not to mention that this is yet another excuse to not work on the heater; they will constantly be saying they are busy with whatever tire thing they are doing (didn't even read that PR...) and that in a couple of years we will all be rich...
Haha, just last week I was saying they are preparing us for the time when they say "yeah, didn't work out, we tried real hard but here's this new snake oil to buy into" and sure enough there it is. These people are unbelievable! They even suck at scamming, so predictable and transparent... U get an "F" WDRP, sorry, both for developing products and for scamming... And we still want a functional water heater, as promised black on white repeatedly, over years. Anything less will result in a lawsuit.
Exactly, they're slowly preparing us for the time when they say "well, this water heater thing didn't work out, we tried hard, came close, nobody saw that coming, but here's this new and improved snake oil that we are now selling instead so investors should not be angry because we are still a revolutionary green company with tons of ideas and they are invested in that..."
But yes, the fact is all the promises and "status updates" are very well documented so we aren't going anywhere WDRP. Anything other than some sort of marketable product within the near future will result in court dates. And possibly torches, pitchforks and axes... If you have to buy the components domestically, even for 4-5 times the cost, we will send you the money, just do it, enough childish excuses. If these delays and excuses look stupid to us they will look just as stupid to a judge and jury.
Gotta say I agree 100% with that comment. That's exactly what they are doing, trying to wear us out and hoping we go away. As soon as we started talking about suing them we got some of the most detailed answers ever. After that activity died down and we are getting absolutely 0 updates even though they have once again missed their own deadline. It may be time to look into doing something. All the promises on record with absolutely 0 to show for them have to count for something...
Lol sshhh, don't tell anyone we're getting out. The image has to be that this is a successful, promising upstart that will revolutionize the industry. Like we thought, remember...
What is up with the pps... Zero progress, zero updates and price going up on pretty good volume. And it happened before too. Hopefully something is up...
Very strange... Hopefully someone knows something most of us don't. Cause based on what we know don't see many reasons for an uptrend.
Lol maybe someone started doing research by going over PRs and posts since this thing started, got all excited and bought before finishing the read... Or maybe someone knows something and things will finally move...
Perhaps we need to provide some court dates of our own to motivate them. At this point it doesn't look like we have much to lose...