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suissac, OVOE has only diluted ANOTHER 100 million shares since last week. The new share total is 214,231,811. I guess the slow bleed wasn't enough, that equals another 2 billion shares pre-June.
"Oh what tangled web we weave, When first we practice to decieve" - Sir Walter Scott
Yes, it is unfortunate when you apply a little common sense to visible equations.
Hughes, the increase in shares means nothing to them BECAUSE it is now visibly clear they are going to issue more before a R/S. Either that or believe they just sold roughly a third of the company for a little over $100,000. AJMHO
Basser, you bring up a good point in more ways than one. What does EXPH thinks of shareholders when they add dilution of a third again the total number of shares for just a little over $100,000?? That doesn't say much for current valuations or valued shareholders, does it? AND what kind of CEO can you get for a company running a boot strap operation where they have to dilute the company by a third again just to raise a little over $100,000? Pretty sad outlook, isn't it?! JMHO
Dcon, that doesn't reconcile with reality. If you only have yourself to blame then you are at fault with every swindle known to mankind. Dean Weber released misleading and false information enticing people to buy OVOE based on LIES. If you think otherwise flog yourself on the back. I will say I got duped by an unscrupulous and cunning grifter. The only thing I'm guilty of is getting scammed. To each his own. AJMHO
You say:
I'm not beating the horse over the head, the horse stopped breathing when OVOE went into default and stopped filing. Your posting about OVOE selling its' patents is about as useful as me reporting TELMEX is rolling out Iris to all Mexico. Give it a break, we've got a lot of spilt milk here and the cat has lost its' meow.
Why didn't OVOE get previous investors to buy into the company? Wouldn't they have seen the value to these patents? OVOE has an answering machine and is no longer an active corporation. This has large companies clamoring at the bit to buy their patents?? Give it a break, how does it add anything by bringing up past PR's, including the only one earlier this year before they went dark filing?! Think about it. GLTY.
Basser, it does makes EXPH look very amateurish to either make these statements publically or convey such things to message board posters. A good CEO is responsible for all facets of business and overview of its entirety.
I think previous EXPH statements about no A/S and then two quick increases [the 2nd while stating the completion of the 1st] makes them look like they use common shareholders as pawns. JMHO
Consider the fact dilution has continued postscript June 2009 is a given. Consider the fact offshore toxics run the show under the corporate veil is a given. Consider the fact that OVOE is no LONGER an active corporation under the state in which it is registered is a given. Consider the fact that there is no mention of ANY infringement ANYWHERE is a given. DO your own DD and today's sells offered little buyers. Venomen, what reference can you refer to that makes sense and please provide links, TATA
OG, now THAT would make sense! Why carry a big albatross like ETC. [a boner of an idea product] if you're trying to sell a business. When will the new CEO experienced in OTCBB arrive? Before the new tranche of A/S?? The saga continues ...
Well maybe OVOE will make the company active again with the state of Nevada in order to sell their patent portfolios?! Who knows?
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=5PztqsFtQCxiyUfCAUeFww%253d%253d&nt7=0
"Oh what tangled web we weave, When first we practice to decieve" - Sir Walter Scott
Venomen, you KNOW there is no evidence that the company EXPH claimed had ANYTHING to do with the conjecture of who that may have been because of a death!! As a matter of FACT EXPH makes reference to companies that are on board one day and off the next further dispelling that rumor. The A/S was increased and expanded even when EXPH said there wouldn't be increases ... the latter increase exercised when the former was being promoted as ALL A/S being fulfilled. Sad but true ... now I ask, the new CEO is who?!
Hmmmm, how can OVOE sell anything if they are no longer an ACTIVE corporation??!! Ohhhhh, Secretary of the State of Nevada for OVOE is now wrong?!:
Do DD and see for yourself, have they have been in default as an active corporation since September 2009, ohhhhhhh?! Jeepers, seems like they would want to be an active corporation NOT in default if they were trying to sell their last remaining assigned assets. Wow, this is becoming spectacular?!
4kids, many times you stated the new CEO would be in place May 1st. I predicted exactly what we're seeing a long ago. Low and behold, no new CEO and Glenn Harrs is interim CEO. Let's see how long this goes on. The volume, by the way, is always interesting. So is the bid, ask, buys, sells and overall trading in general. Fascinating, just plain fascinating.
Well, I guess no need to put out financials or other filings any time soon. It's more fun to be less transparent and keep things suspenseful
Oh? let us hear more about it?! A new CEO with new ideas may be welcome, if it happened?! May 1?! WHATEVER, EXPH has to at least explain no news if nothing happens, eh?! Ohhhhhhh?!
Omehay, I am a shareholder who sees something else. Here is where the OVOE credibility using Google, or any other company, breaks down. For example: Google knew about OVOE's patents and weren't interested when they could have bought them for a song and dance. They clearly understood WHAT they had, how to circumvent OVOE [then ONEV] under good technological and legal navigation and found they didn't need them. Obviously the attorneys for OVOE must have concurred because NOW OVOE is trying another avenue. The offshore toxics were assigned whatever value there are to the patents as debt security, so beyond what they are owed, OVOE is vulnerable to receiving nothing at all. He who has the gold rules. Game has shifted and the oil slick in the Gulf of Mexico would have a mired duck sitting in its path looking like it has more of a chance than OVOE at this point. Maybe something can save this apparent dead duck, if not, let it rest at sea. Dean's operational head of this company has been a total diaster! With all that said: Go OVOE!
P.S. BK eventually is another "cheap sale/receipt of assets" avenue. OVOE is too weak and hasn't the intellectual horsepower to stave off anyone. AJMHO
4kids, again with all due respect, I can't follow what you say day to day because it changes like the wind. You have now seemingly changed your tune on the 250 million shares from being "restricted" to suspecting "many are". I think you lose track of what you say. Not good.
Have a nice weekend everyone!
It has to do with market fluidity and it varies daily. EXPH being a pink and newly issued 350 million shares creates a little more volatility but the MM's manage it well.
Basser, I actually have to agree with both you and 4kids. Posters can report anything as being said by the company but only the company can verify and put it out for all to see. I guess the real evidence is reflected in the share price. 350 million new shares + no substantive details = $0.0009.
An earlier post of mine was removed because I apparently wasn't talking entirely and specifically about OVOE and its' management. Here are the details without further comment: Dean has hardly fulfilled anything close to what he communicated. He has diluted the shareholders and enriched himself CONTINUOUSLY. He's never made any profit since the company's existence and directly lied about things when he must have known better saying them. OVOE is no longer an active company according to the state of Nevada where it is registered and has been in default since September of 2009. It was no accident when his phones were disconnected and no accident that he failed to pay rent. The lawsuits having to do with the way he has done business and filings speak for themselves. The proof of these matters can easily be researched.
For those interested in *numbers* and viewing EXPH and a short list of stocks that had short / covering as part of market fluidity yesterday, please accept this link. I would have posted the entire list but it was too long and you can easily scroll down to find EXPH. ENJOY, the numbers are fascinating!:
http://regsho.finra.org/FORFshvol20100429.txt
4kids, with all due respect, what would resolve this is the company releasing the float. You keep talking about the large restricted share position held by a few shareholders. That doesn't correlate. There is no restriction in the company releasing the float or the PP price for that matter. Why in the world wouldn't they put out a statement on their website clearing this up?? They don't need to say who "specifically" holds what. EXPH seems to be their own communications worst enemy.
I'll even give them the very difficult example base to wordsmith:
---EXPH's shares is 1.35 billion A/S of which 900 million remains restricted---
---EXPH's recent private placement of 350 million shares were at a collective price of $.001 per share---
If this were all true, why not be clear versus obscure?!
4kids, one simple question: Why do you have difficulty correlating the increased A/S with the increased O/S and trading volume? It's simply part of dilution.
The short scenarios you attempt to portray is an integrated part of market fluidity with MM's and is prevalent with so many stocks trading in our country. FTD's is what really tells the tale. Anyone want to see EXPH and other stocks alike, knock yourself out:
http://regsho.finra.org/FORFshvol20100428.txt
4kids, one simple question: What do get from the increased authorized shares and immediate growth of outstanding shares correlated to the increased trading volume?
Hmmmm, I think the answer is in the context.
What I say IS true and your comeback statement is misleading. The fact that OVOE.PK is still trading as a stock has nothing to do with OVOE being an active corporation in good standing. Sorry, we are down, I just don't want others to be deceived.
Basser1, I think the 10Q 3rd quarter and year end 10K for 2009 and the 10Q now coming due for the 1st quarter 2010 would be nice along with other filings that are missing and show transparency. But I think HONESTY in communications is even more appreciated. I haven't really seen much of what I've read about and what I HAVE read seems to change at the drop of a hat. It goes beyond coming out and saying no increase in A/S while they were in the works. Trust needs to be restored before this pinky moves forward in any major way. AJMHO
Oh really?! It may be speculation but who do you think they were talking about when they said they were going to prioritize payments to individuals and organizations that have provided essentially "unsecured" loans from the proceeds?! Micky Mouse and the Three Musketeers??? Think what you'd like, I think by the filings I DID get to read in 2009 I know who they are. This company is a hoot to read and watch, some of the posters too! GLTY
In doing your DD see if OVOE is even an active company . Hmmmmm, they wouldn't be in default there too?! ALWAYS look to government filings and reliable reports. People who say they have information straight from the CEO's mouth have been PROVEN false and incorrect endlessly. Be careful and be diligent, I too got burned bad on this one.
"Oh what tangled web we weave, When first we practice to decieve" - Sir Walter Scott
Thanks for reminding EXPH holders:
"Once these two aforementioned loans / leases are paid in full, the company will focus on debts to individuals and organizations that have provided essentially "unsecured" loans."
Since the payoffs would be less than $65,000 it looks like JD & company may have taken quite a bit of change off the table for themselves, assuming of course they are the essentially "unsecured" loans?! LOL, you gotta just enjoy watching this!
I'm not sure SBB ever said $20 million except in jest to make an illustration. I do remember some posters here trying to compare OVOE to the $900 million Microsoft paid for TellMe which is a joke! Let's safely say that between the numbers, I'll go on record as guessing closer to the lower, IF a sale happens LOL!!
Sorry, your predictions on MTNL and TELMEX didn't pan out as Dean apparently snookered you to believe. With friends like that, who needs enemies?! OVOE and Dean Weber were made for each other and viewed as total disasters! It is what it is!
"Oh what tangled web we weave, When first we practice to decieve" - Sir Walter Scott
Looks like that poster was absolutely correct AGAIN since the $0.008 buy for all of $80 came right before close. I believe the post you are referring to was @ 2:01:47 PM which makes the comments 100% correct when said. A little DD goes a long way with OVOE and what's said on this board. MTNL turned out to be as big a hit as TELMEX. Sooooo big that Dean has gone stealth as a non-reporting pink trying to sell the COMPANY'S patents and hiding from his reported failures. Great guy, great stock. Suuuuure!
Yes, I still marvel at EXPH saying one day they completed stock issuances and maxed out its outstanding shares available and the very NEXT day do another 250 million shares and never said anything until it was reported on this message board, AMAZING!
My guess is the next dilutive tranche will arrive this summer and final additional tranche before year end. Two billion shares sound like a nice number before a 1 for 20 reverse split, but I'm just speculating. This stock is fun to watch with all the drama and story telling. LOL JMHO
Sorry, your posts have already been proved wrong by SBB and more importantly OVOE's own filings, that is when OVOE use to file LOL
pps $0.0065 = $0.0003250 pre June reverse split of 1 for 20
"Oh what tangled web we weave, When first we practice to decieve" - Sir Walter Scott
SBB, thanks for AGAIN correcting posts via OVOE's own filings. People also forget that OVOE has lawsuit matters with hefty unpaid rent and other obligations notwithstanding a well over 7 figure amount owed to Nuance [ahem, the proprietary platform that allows OVOE products to work!!].
No wonder they stopped filing. AJMHO
"Oh what tangled web we weave, When first we practice to decieve" - Sir Walter Scott
Y/V sorry you don't understand the law. eom