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After 14 months of holding this bag, for the life of me I just can't understand why the S-1/S-1A is not effective. I mean the most important catalyst moving forward, and it can't seem to get done. I question if Matt wants to get it done!! Clearly we can't up list or even have a chance at holding .01 without it. Any upcoming PR's will only be an opportunity for flippers IMO. So we continue to wait.
nice prediction .... lol
hmmmm....i shoulda moved on versus jumping back in..but i'll wait for power hour to see where i can add. um thinking .028ish and it should close about .032ish. Need to see .075ish next week if i do this
Flipped this earlier in the week for a $600 profit (day trade)..Jumped back in the following day @ .052 and averaged down @ .042. Here I sit @ .047. I shoulda pulled the trigger and averaged down again @ .025. So here I sit contemplating salvaging what i can and bail out @ .04 or average down before the close @ .03 or lower and pray next week this will bounce to .065 - .07
The next 2 weeks sets the table IMO...we shall see.
Hmmmm...pardon me if um skeptical, but after holding this bag for 15 months I think i've earned that right. Plus Matt has went out of his way to make Longs like me skeptical. Again, I welcome the current status, but this has only put us back to the exact position we were in 12 months ago. Fact remains that until the S-1A is active, were still in a "quiet period". It was asked February/2020, "how long will it take to become active"? It was stated then 2-3 months. All that happened was we went YIELD and in June Matt stated we'd be current in June. Well that didn't happen until January/2021. So I guess the question still remains, "How long does it take to activate a filed S-1"? 12 months seems a bit excessive and creates substantial doubt moving forward. U can't up list to the QB until you meet the requirements (like hiring another Company Director). So Matt basically has offered up some salad, but has not served the meat and potato's. I remain skeptical but optimistic that MAYBE...JUST MAYBE, HE'S TURN A NEW LEAF AND COME NEXT WEEK OR SO THE S-1A WILL BE ACTIVE AND WE CAN MOVE FORWARD. Failure of that to happen sorta sets the table for another year of holding the bag.
The original S-1 was filed February 20, 2020. Refilled/amended in December 2020. In essence we’ve been waiting 11 months and 27 days...:(!!!
I would surely hope so....Close of this Week or MID next week would be nice. This is the only way northerly pps movement will happen
Well todays news is welcomed..but as i've said many times, "um 14 months LONG" and this really just takes us exactly where we were this time in Jan/2020. With that said maybe...just maybe MATT has his shit together this time. Um currently looking at a G/L of 514% and logic says take that and run. But I figure HYPE, HOPE, SPECULATION, AND BS alone takes this to 0.15. So I HOLD But I said it in Jan/2020 and I'll say it again....we need that S-1....without it ... well IMO its just more of Matt being Matt. So um gonna give it to the end of the month. Hopefully he'll put out a BS tweet to at least keep this in the .009 - .0095 range. GLTA
Got in this morning @ .028.....can I just get .04 and um out!!!!! Nice flip for a day trade
Peanuts!!!! um stuck wit 80,099,992 since 2011.
First and foremost um LONG since Oct/2019. Though um optimistic and hopeful, I prefer to errre on the side of caution and carefully monitor the requirements
Wow...going to .05!!! That's pushing it! Possible ...but pushing it. Not without several key filings happening. Like the hiring of a independent director. I mean since were up listing to the QB, this a major priority...we gotta meet the minimum requirements:
Reporting Companies are required to meet the corporate governance standards outlined below:
1. Have a board of directors that includes at least two Independent Directors.
2.Have an Audit Committee, a majority of the members of which are Independent Directors.
A Company applying to OTCQB may submit a written request, which may be granted by OTC Markets Group in its sole and absolute discretion, to be permitted to phase in its compliance with the corporate governance standards as follows:
At least one member of the Board of Directors and the Audit Committee must be independent at the time of application. At least two members of the Board of Directors and a majority of the members of the Audit Committee must satisfy the independence requirement within the later of 90 days after the Company begins trading on OTCQB or the time of the Company’s next shareholder meeting. In any event, the independence requirement must be satisfied within one year of the Company joining OTCQB.
So for me...i'd like to see some immediate action with this requirement since we currently do not meet it. This in turn should keep the momentum going while we wait on farm purchase.
There has been sporadic volume over the last 6 months. I've been here since 2011....80099992 shares . Biggest mistake i ever made. Even if this comes back to life trying to get out will be a nightmare
. 9 years....0005 - .0007 would be fine with me. This has been a bad nightmare
seems someone just doesn't want this over .15
i recall...bout the same....9 years with IJJP...lol...ive finally been able to sell most of my 35 million shares for a profit...only 3.3 remaining. I shoulda pulled the trigger on pmpg again when i started watching it @ .01...but waited...it's all good..um looking good here. as i always tell peeps...there's always another one out there. make the money on multiple plays instead of trying to get rich on 1
Didn't see a reason at that time to keep holding after well over a year. But instead of making a 7 digit after tax profit i'll have to be happy with a after tax profit of 6 digits (hopefully mid 6 digits). We'll see where this is at in 60 - 90 days....just ride the wave to say...$1....$2 who knows....
i cashed out earlier in the year (3.5 million shares)....but jumped back in wit 350,000 and up 330%...pissed on one hand ...but still happy. May get another 150,000 today
Based on Matt’s holiday wishes it should be no later than Thursday. But it’s in the hands of the OTC now so if it’s not I guess we can’t blame Matt
Given Matt stated the “quiet period” should end with the recent filings and obtaining “current” status, I assume come Thursday the submitted S-1 will be effective. Possibly 2 PR’s in January.....let’s see where this goes.
What can we realistically expect? Correct me if um wrong, but all were gonna get (hopefully) is going from YIELD to CURRENT. Rally with that news is expected, but with flippers and cash outs we'll be lucky to close the year @ .0075.
Now we go into 2021 with expectations/promises of news and upgrading to the QB. Well first and foremost we gotta maintain .01 for 30 days and nothing is jumping out at me as to how we do that. Upgrading to the QB requires 2 independent directors. Until Matt fulfills that basic requirement I can't get to excited about that possibility.
Anybody had time to dissect the S-1 that was submitted February 20, 2020? I’ve only skimmed over it and nothing really jumped out at me that indicates this can hold .01 for 30 days. Especially with profit taking and day trades. If we’re lucky that YIELD SIGN comes down by Thursday. That by itself won’t take us to a CLOSE of .01 (too much profit taking). Um hoping wit that Matt pulls a rabbit outta the hat 1st week of January. JMOP
I surely hope so. I’ve started to dissect the S-1 to determine what’s gonna hold the pps +.01 for 30 days. I would think for some buffer we’ll need at least .02.
This is true and I stated this fact in previous posts. Also, there is an outside chance it gets done by Dec 30. I wouldn't bet on it getting done by Dec 30, because what was assumed was things were already submitted and the review process was taking place. So yes there is a chance, but my gut tells me don't be disappointed if it slips into the first or second week of January. After all....this iz Matt Dywer were talking about..lol
Those are people who bought in on his previous tweet that led investors to believe this was gonna get done by Christmas (the holidays). Again, nobody on this board stated that, Matt did!! Therefore, many jumped on the hype, hope, speculation and BS train hoping to get some Christmas money. His record speaks for itself so they had to know what they were getting into. But who cares, just ride the wave and get paid.
You and I even at these levels are still up over 300% and are "Longs", so we can tolerate the disappointments with the expectation of 600% - 1000%. That'll be our reward for putting up with all this for this length of time.
.002 sounds good...My 10 million shares are @ .0016 ( i sold 2.5 million awhile ago that Stockplayer has never forgiven me for...lol) so now just 7.5 milly. But the best thing I did was stick to my standard of not buying more than 10 million in a penny stock. Wow!!! Too difficult trying to get out.
But that Jan 8 date is purely my estimation factoring in a "oh shit" along the way. I think that is doable...but to get in at the level you have means you've been here as long as me. So you know Matt's record. Two failed tickers and this one is left. Is he trying to turn the corner and possibly get something done? I mean I'd be happy with ANYTHING!!! Just get something done. File something...don't give me a tweet!!! I need to see a filing.
And this latest tweet mentions nothing about the S-1...only the actions necessary to remove the Yield Sign. Again, something is a start, but we need that S-1 filed for this to pop. Or iz he gonna kick that can further down the road?
I respect that, my point is when you tell me um gonna have a good holiday and everything is in the hands of the lawyers, the actions of todays tweet were already taken care of.....not just being submitted! You agree? Because now were not going to have a good holiday (IGPK speaking). Yes we have an outside shot....but realistically were looking at best sometime before/on Jan 8.
Dont loose hope...stranger things happen....THERE'S STILL A OUTSIDE CHANCE THE REVIEW IS COMPLETED BY DEC 30!!!! We enter 2021 with no Yield Sign....don't know about the S-1...I would think it would be filed at the same time. 'but with Matt....well um not even gonna go there. GLTA
Based on the tweet stating we'd have a nice holiday, you would think the actions stated in todays tweet were already done (they would have had to have been). Now we are looking at sometime after the first of the year. Were we intentionally or accidently misled? Or just another another Matt Dwyer flat out lie. Again, i've been here 14 months and have seen/heard it all. um still up 275% even at these levels, so i will wait it out (at least until his next lie).
With that said, I've been a very outspoken critic of this stock...but have been just sitting back watching the road show. I'll except the ride to higher profits but just not worth posting on this stock Hopefully it can just hold .007 through Jan 8
Might as well relax and see what develops the first week of Jan. The attorney letter is just filed and still has to be reviewed again. It could happen between Dec 28 - 30, but typically there is a back and forth process. Therefore, um not getting hyped that this will pop until after the first of the year. Relax and monitor the situation, add if u can. Um sitting tight and will hold. All my shares will be officially "long" on Dec 28...GLTU
based on that update we should assume that process will not be completed by close tomorrow (it could...but highly unlikely). Therefore, we can relax and set our site on Dec 28 - 30. May even extend into the first trading week in January
I stand corrected. I understood that part bout I thought it had to establish a pps over a specific timeframe. But still there is the cost to remove it versus “can I do what I want to do and pay those cost at a later time !!! Plenty down here in the basement function that way. Thing iz... iz progress being made while we wait for the money to be paid to remove the stop sign?
He said he would have funding....the removal of the stop sign will require a specific price per share over a 5-7 day period.....don't confuse the 2. The Stop Sign will be with us until at least end of January. And if you understand how things work....it may not be beneficial for him to remove the stop sign considering the cost and ROI. Can he do what he's doing for the time being with the Stop Sign up and remove it at a later date? The Stop sign is a shareholder thing...down here in the basement you have to consider these things because that's how things work down here. JMOP
finally pulled the trigger...been watching this since $4...small position of 1000 shares @ $5. Looks like it can go 7-10 by Jan 1
that would be sweet!!!! but lets not get to far ahead of ourselves here. i just wanna see this hold .01 and something actually get done!! Just gimme a filed S-1 and audit...then lets see where it goes.
Hopefully this will be inclusive with filing the S-1...everything is in place
Corporate Governance Requirements. Companies that alternatively report to OTC Markets must meet certain corporate governance requirements to be eligible to trade on the OTCQB. In particular, such companies must have a board of directors that includes at least TWO independent directors and must have an audit committee the majority of which are independent directors
Currently IGPK has only Manual B. Losada. So something to watch for is the hiring of one more company director. I would think the current audit firm will be retained.
given that to be eligible to be quoted on the OTCQB, all companies will be required to:
Meet a minimum closing bid price on OTC Markets of $.01 for each of the last 30 calendar days.
Therefore, if the S-1 is filed on 26 Dec... igpk must hold .01 through 26 Jan. So basically were looking at Feb 1, 2021 before we can be listed on the QB (correct me if um wrong). Lets see if there will be multiple PR's/filings between now and then.
Effective October 1, 2020, the OTCQB and OTCQX tiers of OTC Markets have instituted amendments to their rules, including an increase in fees.
The OTC Markets divide issuers into three (3) levels of quotation marketplaces: OTCQX, OTCQB and OTC Pink Open Market. The OTC Pink Open Market, which involves the highest-risk, highly speculative securities, is further divided into three tiers: Current Information, Limited Information and No Information. Companies trading on the OTCQX, OTCQB and OTC Pink Current Information tiers of OTC Markets have the option of reporting directly to OTC Markets under its Alternative Reporting Standards. The Alternative Reporting Standards are more robust for the OTCQB and OTCQX in that they require audited financial statements prepared in accordance with U.S. GAAP and audited by a PCAOB qualified auditor in the same format as would be included in SEC registration statements and reports.
As an aside, companies that report to the SEC under Regulation A and foreign companies that qualify for the SEC reporting exemption under Exchange Act Rule 12g3-2(b) may also qualify for the OTCQX, OTCQB and OTC Pink Current Information tiers of OTC Markets if they otherwise meet the listing qualifications. For more information on OTCQB and OTCQX listing requirements, see HERE, HERE, and HERE.
Effective October 1, 2020, the OTCQB Standards, Version 3.4, went into effect. To review the last amendments adopted in February 2020, see HERE. The new Version 3.4 modified the prior rules as follows:
Fees. Effective January 1, 2021, the OTCQB annual fee will increase from $12,000 to $14,000 and the application fee will increase from $2,500 to $5,000.
Corporate Governance Requirements. Companies that alternatively report to OTC Markets must meet certain corporate governance requirements to be eligible to trade on the OTCQB. In particular, such companies must have a board of directors that includes at least two independent directors and must have an audit committee the majority of which are independent directors. The new rules provide that trusts, funds, and other similar companies may be exempted from these corporate governance standards. A company wishing to be exempted must apply to OTC Markets in writing and such exemption will be granted in the sole and absolute discretion of OTC Markets.
Application Review/Reasons for Denial. Although OTC Markets has always had broad discretion to deny an application to trade on the OTCQB, the new rules specifically provide that OTC Markets may “[R]efuse the application for any reason, including but not limited to stock promotion, dilution risk, and use of “toxic” financiers if it determines, in its sole and absolute discretion, that the admission of the Company’s securities for trading on OTCQB, would be likely to impair the reputation or integrity of OTC Markets Group or be detrimental to the interests of investors.”
True....but for me .05 would represent a after tax profit of $283,192.00!!! I would take that and move on. Will we make .05... more than likely not, but given the length of time i've been here....it's like ride whateva wave is coming and "get paid". The facts associated with Dwyer and all of his tickers are quite clear, and make no mistake I have exposed those FACTS many times. If Matt can establish some hype, hope, speculation, and BS to move the pps to .015 - .02 i'll be happy. Very happy!!! Take my profits and move on.
And that's the frustration associated with this stock for us "LONGS"...promises and expectations have not come close to fruition. Therefore, we vent and express our concerns. I jumped in with 10 million shares only to be here a little over the year and nothing but BS basically. So it's not like we're bashing a stock we own....it's just we see and understand Matt and this stock