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They had a PR piece specifically stating he was involved. What else do you need?
Down she goes!
Hahah LMAO you keep that positive attitude!!!
Almost 3 mill at the ask and no movement! LOL
I found through tracking PR's of Infinity pre Younger America's phone number that Manny used to work for First Equity Capital Corporation.
My money's on Manny.
That is too bad, I would put my money atleast on a 50/50, but with his history and all in the pinky world that he has screwed this co deosn't have a chance till they dump him!!!
Funny the dumper is the company but in this case its called the diluter!
someone needs to paint this one before it closes!
Don't you think you should wait and buy into the bounce that way you won't loose all of your money?
Would be nice to see a massive volume day that closes lower to set the anchor and clear out all potential sellers!
The thing that is not understood is how many people Manny burned. This ship will never leave the port as long as he is involved. The company has to get rid of him to save themselves!
The chart looks like poop!
The failure of the last close that had the highest volume leg says this is going down, and the confirmation today on another significant volume day with the price going down another 50% says crashing!!!
You want proof? Look at the authorized share increases from the Neveda sec of state website on Younger America.
These are not loans they are 504 reg D dilutive stock purchases. That is what Manny does.
There isn't one! He gets his clients to print shares and is also known to short the companies he works for, or he calls it preselling knowing he will get the paper soon.
Nope this will be at $0.0005 soon. Sorry but that is Manny's past!
He is the guy the company hired to get them funding, he is a toxic diluter, very bad for the company!
Asks lining up at $0.001. Look out below. Now hte bids are vanishing!
Yeah like the company that is their funding guy Manny printing shares!
I like this one! Merle by law cannot disseminate information that is not already available to the general public and in doing so would violate securities laws. So if Merle was to tell one person infoirmation that could have either positive or negative implications to the company there would be serious implications unless an NDA (Non Disclosure Agreement) was signed by both parties.
Now, as I read in a previous post IHUB'ers did go to meet with management, I would imagine NDA's were executed so the company can discuss certain things with certain individuals and if they choose to speak it is their liability!
Nice angle though just not a tangent angle...
Those are good reasons to like SRSR my only comment is the stock based financing you are talking about is called Private Placement "Restricted" stock aka PPRS not "Restrictive". I am not trying to pick a fight just trying to help you use the correct terminology. Hope I did not offend you. BTW the restriction is for a term of 6 months the other issue is that you need an attorney to write an opinion letter to get the restricted leggend removed from the certificate. PPRS's are done quite easily with stock that trades in the $25k+ per day. Which this one does qualify for. However, my only comment is that they OS (Outstanding share count) has not increased according to IHUB, so if they were doing PPRS the outstanding share count would increase and the float (free trading) would not.
Shares issued? Does anyone have any idea? The TA sure won't say. There has to be more than the 96.5M listed on the pinksheets web site. I wonder if Manny is going to break his record of 15 billion shares issued with the company?
Heck if he is so worried why does't he take some vacation time and drive there and meet with the CEO, look at the property and then he will understand. This isn't a company with a LOC at a bank, this is a company that like most pinks is strapped for cash. They are using their best bang for their buck, posting videos and pics of progress and I applaud them for that.
Why don't you quit asking them what they need to do for you and ask what you can do for them!
I am soooo tired of people who want something from companies that at their current state they cannot due. When a new CEO starts they have big picture ideas then the realization that these things either are too costly at the present time or just don't make sense to do out of order! The company is not saying the land is worth $1B they are saying there is a great potential and that is all they can say until the time has come they can report the analysis!
OK I know you guys don't like me much but let me first get these points out of the way before you start riding me. Uplifting is a waste of time and money SRSR. They will get nothing out of it except greating expenses due to filings and attorney cost. If this is the great hype people proclaim it will bump up to the NASD accordingly. The OTCBB will not give SRSR what it needs for finances. They will have assets in the dirt. Proven.
The company should provide some sort of financial data. The problem is depending on the company and due to SRSR lack of cash it is a waste of their money to pay accountants when they need to be paying drillers and labs.
Right now if the JV you and they will be taken to the cleaners due to risk/reward! Wait for the reserves to come back from testing get certified then you can have a better chance of not getting bent over!!!
Well Manny took YNGR to about 15 billion in free trading!
Ouch 600k at the bid!
ummm no I don't think it will jump that much! Good luck to you though.. if I were you I would be heading for the door!
Manny didn't take him long to get back to his printing paper ways!!!
Wow I hope I was soon enough to help some of you get out with the big haircut!
Holding me back? I wish he would have produced any gains in the companies he represented unfortunately he decided to short them with the hedge fund that he managed...
Believe what you want, I am just warning you like I did the people who needed YNGR to be a winner. The blasted me for saying the same thing and when it all came out in the end everyone realized he was a crook.
Well that is too bad for the TA, or BS either way restricting public information is not in the best interest of shareholders or potential shareholders.
Good for the chart...
I am just letting you guys know what a crook he is that is all. I would not put my money in any deal he is involved in ever!!!
Manny Schulman:
Hmmm, I would be very concerned for a company that would hire him. He has done nothing in his past except lied and stolen shareholder value. I am amazed he was able to walk away from YNGR expecially after the investigation that the SEC had done on him. I guess when you agree to work with the SEC and turn in people you get a free pass!
His resume is full of garbage, I hope the company that hired him will due there due diligence and see he did not do what he states he did! Just look out... He is not a good person to have working for your company.
Interesting the company has put a gag on the Transfer Agent...
That should be red flag for anyone who is interest!
if the PR/IR company is getting paid $50k a month and there is no cash to pay them then they are getting free trading stock.
That makes $100k worth of stock, which would take atleast $250k of trading to clean up every month... But heck at these prices that is only about 13m shares a month.
He is there internal PR/IR guy however they do have a outside source running the promo. I found this info on the income statement the row named Investor Relations!
Really the tape tells me there is a major PR campaign underway. And reveiwing the financials they are paying $40-60k per month for this great tape! They don't have the cash to do it... So how are the PR/IR people getting paid?
Prob. with 50% discounted free trading stock...
Why are they paying for IR/PR? To raise cash?
OR to fatten the wallets of the IHubbers? LOL
Are you sure they don't?
Pinks have funny ways of doing things. I just learned of this company so I am just asking the simple questions to the board. TA will get a call soon...
Cost estimate for uplift is a little high after reveiwing the financial statements.
As far as non dilutive effect don't kid yourself. These things can turn ugly fast. That is just a hope and a prayer that they don't.
I am curious about this company, has anyone answered any of these questions?
Operations:
1. What is the cost to remove the elements from the earth at a standard cost?
2. What the extra costs associated with removing them from beneath a lake?
3. Where is the upfront capital going to come from required to purchase the machinery required to remove the elements?
4. Where is the operating capital going to come from until enough elements are mined to become self-sufficient?
5. If the company can get the funding from a JV aren't they going to take a large % in return?
IR:
1. Why is the company spending $40-60k per month on investor relations?
2. How are they able to pay this?
3. If there are no revenues is this paid for in stock?
4. Does volume and price bring something to the company?
Environmental:
1. What permits are required to remove the elements from below a lake?
2. Are there any environmental issues that would preclude or slow the ability to extract such metals?
Markets:
1. What are the available markets for this material?
2. What are current supply volumes for this material?
3. If this lake has such a large surplus of this element is that going to affect the market price of these elements?
General:
1. If there is so much of these elements at this location why hasn't is SRSR the lucky one to obtain this property for a mere $350k?
2. Why would the company cancel its preferred shares?
burb:
Thanks for the link. Damn TA lied! What the heck is this world comming too?
Just called the transfer agent "Continental Stock Transfer"
The have no knowledge of a reverse split! If a reverse was going to happen they would know. Also they did one in Nov. of 2007 so I think they have to wait 18 months to do another.
Please do your own DD!!!
Sad thing is there were people warning this was not going to turn out good and all we got was slammed. Especially the old PR guy. I think a lot of you owe him an appology. Seriously, people on this board went after him personally and he was just trying to warn investors so they didn't get taken like he did.
Do what you like this is just food for thought...