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They have had days now since this went down to .0001 if they want to dump that 400 plus million shares at that price they have had plenty of time. So what is the hold up. Just do it powers that be.
Ok, that is pretty much the information that I was looking for. The outlook is pretty grim judging from this info. Still you got bidders wanting between .4 to .5 billion share at .0001 bid.
Another thing Southridge holds no Shares the last I saw but do own lots of convertible notes I think totaling as much as 280k$
So there may not be the sort of dumping like the last time pre split.
But thanks for sharing and good luck. I guess if this is as bad as it seems then I won't be trading any pinks or otc again.
But I'm not going to let it ruin my days. I made a bad play and that will be the sum of it.
10 billion. Wow. But that comes out to 40 million shares post split more than 1 and a half times the number of shares reported outstanding on OTC website. Assuming the share price was .0001 when the split happened shouldn't the opening share price after the split be .025? But I don't dis believe you I was just trying to get the numbers to work out .
how did this open after the last r/s? What price?
Keep it real. This stock was never 10 billion deep in shares. The 250 r/s yeah can happen ,will happen but not 10 billion deep. This might be the worst stock ever but even at that lets not make it more than it is.
Why don't they just go on and swallow all the 1's if they are going to r/s why drag it out and who in their right mind will pay for the 2's at ask when there are so many offered at that price?
So lets just do r/s and try to recoup afterwards. Looks like that is the only chance to get our money back.
Here is some of the most profound info found on the net.
Just think of me how much I Put into this company, I was in battle in a foreign land and bullets and shells taking toll all around....I thought we were about to be over run, Then I realized before the situation got worse ,, I had better call my broker and check on my GCHI...call Frank he says....yeah. GCHI is important to me. Thank good ness I got a hold of Frank and he told me what to do! I took his advice and just in the nick of time.....I woke up from my dream.....Thanks Frank!
Let's be happy that the ticker closed up a 100% Big mover today, Go ACLP~!
I guess 500 to 800 million.
Well, I agree that it is looking like another reverse in the works and it looks like 500 million on the bid at .0001
I understand why you wouldn't put another $ dollar on this one.
But I feel like the best way to recoup or possibly come out ahead is to play along. Heck I'm down 87 percent on almost 2 grand and like you I would like to get that back. We will see how this goes.
That is sharp thinking. I didn't realize that they could do yet another reverse to fill that 500 allowance. Well I guess then that is what they will do. I will wait and buy the 1's so I can get get my average down to .0004 or close. I think the board is right now that you posted this . That the stock is going into another r/s most likely.imo
Edited:
I like this stock. I believe there is still a good chance to make money here. They could have done 1000 for 1 r/s if they wanted to and drug out the decline in share price for months if they wanted and put out a ton of Pr.....yes they could but they didn't.
Yeah they could have played it out for months letting the foolish play the charts ...you know the bounce the bottom this and that and all the time you lose and lose...this might do a reverse If so then I played and lost ....but its my money. My gamble.
Go ACLP.
no change
Really hoping this one works out for the dividends sake. Considering how my other 1 position is going this might make a nice hedge since I already have those dividend in the bag.
So am really pulling for WNTR especially these days.
Other stocks and I could name a few trading 10 or 12 times higher than this with a billion or billion shares out and as many in the float almost. Why can't we trade that high? Or even more higher?
Don't lose hope yet....and you are welcome. I hope it works great for you.
Did I not post this a a while back:
facts and opinions
Appointment of Director and Officer
On June 21, 2013 Gil Steedley, was named director of the Corporation to serve until the next the annual meeting of stockholders of the Corporation. On the same date Gil Steedley was named Interim President, Chief Executive Officer, Chief Financial Officer and Secretary of the Corporation. The Corporation has agreed to pay Mr. Steedley $5,000 per month for so long as he is serving in such capacities for the Corporation. Currently, Mr. Steedley retains these positions
1. 22,140,166 shares as of September 29, 2014, all of one class of common stock, $0.001 par value.
2. As of November 14, 2014, there were 256,098,568 shares of common stock, $0.001 par value, of the registrant issued and outstanding.
3. Southridge Partners II LP holds zero shares of Issuer’s common stock, and convertible promissory notes aggregating $280,000.00 in principal. Note from ITEM 4 OWNERSHIP OF as reported on SHEDUAL 13G.. Filed with SEC Nov 5,2014 Do your own DD.
Convertable Promissory Notes and maturity dates.
On July 1, 2014, the Company issued a note for $30,000 for consulting services. The convertible promissory note bears no interest and matures on January 31, 2015
On August 1, 2014, the Company issued a note for $30,000 for consulting services. The convertible promissory note bears no interest and matures on February 28, 2015
On September 1, 2014, the Company issued a note for $30,000 for consulting services. The convertible promissory note bears no interest and matures on March 31, 2015
[bDo your own DD..but I suspect there will be no news realeases at least until the $30k note is converted down here in the .0004 area or below. Just my opinions based on a few things found in the filings.]
So I am not surprised that the stock chart does not look good.
yesterday 2 of the ones he is CEO of had nice gains. I don't know the details as I wasn't really watch. They both trade significant higher than us. I don't blame the man for this situation because he has come into a company already wasted. He can't build this over nite and he darn sure wants to make money on it .....I say he is doing pretty nice but I don't think he is ripping anyone off. It's more open than lots of pink sheets.. he put everything in writing for all to see.
Just thinking.....what are you going to think if tomorrow or one day you see news out that Village Tea is handing out coupons at WalMart or should even have those coupons redeemed inside of Wal-Mart? What it that runs the stock up a 1000 percent....Think it can't happen......think again. Think it might yes its possible.IMO
Just remember they can convert and they want to convert as low as possible its in their favor to do that. I think some of what we see on level 2 is mm HOG wash. Remember they can't convert to the point of owning more than 9.9 percent of the total outstanding.
Remember that.
We DON'T know who our fellow posters might represent.. Just remember its good to convert very low and as low as possible. This thing can still run. I am not advocating or advising anyone to buy but I am saying that this can run....IMO this is far from over. If you don't like what I say use your iggy button.
Well I guess I'm not a decent trader. But go on and give me a list all the same.
Lot of folks are hurting here and It gets kind of tiresome trying to stay up beat with almost every post so negative. I put what I think is a ton of money in here. I feel the pain as much as you do.
But we are scaring ourselves silly. Let's wait until the end to blast the CEO. I still believe this can recover really nice. Maybe it won't but lets wait and see cause the constant bashing of the CEO is not going to help us. I said this can still go back up to .001 and possibly higher on the right kinds of news.
I know how you feel and I'm on in your corner. Lets just wait and see how this goes. Try to be a bit positive.
I think this one is too smart for that. In fact I think this is going to work out in the long run. IMO. By the way can you give me the names of the Broke CEO's and ones in jail that you are aware of?
Yes I will cause the key is to have a very low average. Selling now would be a disaster but I will take my chance. If this does a r/s split like as before I may be able to exit in 4 different sells. Any pop will recoup at least most if not all. Think positive....Besides its not a forgone conclusion that this won't surprise.
Gonna buy more in the 1's and if there is r/s there then so be it.
I'll make my money back and more after the r/s if it comes to that. Then maybe Village Tea will be a hot money maker for the company. Plus some of the filings are confusing and anything can happen out of old business that can change the whole picture.
Yeah I think this will work out in the long run.
The thing is that is what they all do. That's how they work it.
What can I say? The stock is not winning for us and that is the truth. But I don't see that he has done anything that the others haven't . They all make a living off these tickers. But generally they let it run put out some Pr...and folks come in and help push it up. We don't have that here.
The share price has been almost straight down like a rock falling down a well. That is just a fact but unusual. imo
The CEO is over 2 or 3 other tickers that I know of and I made a little money on them. I wonder why it is that he chooses this stock to dilute to the gills? Bring it all the way down to .0001 and so fast. Yes if he is just selling shares to turn a quick and easy buck by ripping off his shareholders he can do that but he is selling himself short if he is cause the man has credentials for sure.....so he becomes a scammer after walking off wall street? hmmmm that would be like going from success to turd in no time. Just hard for me to accept. Everything I read on him is that he is a hard worker and successful. Why would he flush into a crap bowl all at once.
Maybe it will happen. But if they do or don't check him out matters little to investors of the current holders of this stock. Can't say that I am happy about holding this one. If the man should be a scammer I hope he gets his due. But it is what it is.
with 580 million on bid the chances of getting filled there are slim to none. Of course it can all be dumped there. If we were playing poker I think this is where you have to call or get out.
Truth is I didn't even notice who was on the ask.I was doing something else when the volume suddenly hit and when I got back to the computer and saw what was going on found myself scrambling to cancel my two's order as the last of the 2's were going out and I did so.
Then I saw there was 580 million n bid at .0001...getting near the close so I went on and bought my 1,200,000 at .0002 after all. Now I have 3,500,000 with an average of .0006
Well we got Thursday and Friday to trade. If those 1's go in the hundreds of millions I will be forced to agree with others that this is doing a r/s split with no bounce. No chance to recover.
In that case I might buy 10 million more shares in the 1's that way I can end up with about 53,000 shares near .05. Manageable loss If any. I hope your friend has a nice plan like that.
Thank you AHH Merry Christmas..!
I got my order filled for today.....Good luck and go ACLP!
Thank you sir for your opinion.
Almost 86 million on bid at .0002....ok, that means even if we get that low.....and there have been less than a million pass at that price. I probably won't get filled as I'm sure I am near end of line.
Well,....I do too and I might be wrong about lots of stuff I post and that is why everyone must spin the wheel.....everyone must do their own DD...it's win or lose ....no in between in this game.
GO ACLP! Lets do this thing.....run like a scaled dog ACLP..
I might be completely wrong. But the big volume we have seen are conversion prices not sells! The float has in deed increased but they have only converted and that conversions price looks like sells. But they are actually loading for a run imo. Might be wrong but that is my guess.
If you are talking about the deal that I am thinking about was that the whole deal was based on if the company being acquired was able to get a certain GOV contract awarded. So if it didn't happen then the deal got unwound. But right now think TEA and you never know when some unexpected thing from the past can suddenly come in to push this stock up. Just speculation on my part but it is possible. For now its Village Tea ......catchy name. I like it.
I can't say it will happen here but I have many times seen stock trade in this area at one point and travel well up the chart and I said to myself....I wonder if those guys are still holding from .000 whatever..? How did they know to hold and buy....? Answer, they just bought and go lucky. imo..but they had to play didn't they?
ok, I understand that but when you bought pre split at .0005 wasn't that a risk? Or was that something you didn't consider?
How many shares did it have out? Was the current CEO to blame? Was he in charge?
The same might happen to me too because I am also in pretty heavy averaging down so I don't see any good in complaining. I feel for you and I know how it feels because I have had the same thing to happen to me....its the risk.