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You are entitled to your opinion, digi has done a great job, and the preferred securities will be mailed out by the 27th of the month, that's all there is to it. I am sorry for you, but that's the risk you take when you buy companies stocks in the open market. If you don't like their solution, then there is no help for you, you will have to wait till you get your shares just like everyone else.
The common investors who are day traders don't matter in this market, because they trade the security to the detriment of investors in the company. A RS is a great situation now that we have the anti dilutive preferred because it wipes out the day traders positions, and creates a new float, which we would be representative of!! Additionally it would not surprise me if the TRUST RS ANDI, to get the debt removed, then built the equity, to open the whole thing for a REGISTRATION STATEMENT. The problem with your argument is you have never even mentioned REGISTRATION WITH THE SEC, seems to be dirty word that promoters and day traders don't like, when it is suppose to be the LAW!!! Kinda Cool, Huh!
It's very clear. The Anti Dilutive Preferred Securities are fixed with a conversion set at .00001 par value, no security can trade below .0001 so it protects the investor from any downside risk, should the security trade down to those levels. Also these securities are immune to Reverse Splits, meaning that the integrity of the position is always retained, which is what management always uses to reconstitute their positions after a RS at the expense of shareholders in the Float. The TRUST as extended that same courtesy to shareholders in street name. Additionally we become shareholders of record, which means have 10 more votes than the common securities and we have better access to the TA. None of the securities that are preferred can never be fully diluted, because if they were, they would be treated as derivative liabilities. They are classified as EQUITY to the company, because these securities can only part of a general registration statement at higher prices, which ensures equal participation in the selling of securities as opposed to the use of Rule 144, which creates an unfair advantage of one person selling their securities at the expense of everyone else. This is what makes Anti Dilutive Convertible Preferred Instruments so popular with penny investors. Additionally these securities can be used by the Company as currency to purchase assets directly or wholly owned subsidiaries that are profitable, the fact these profits flow through the Convertible Preferred Securities creates a tax windfall for its occupants. The dividend tax rat is 15% compared to 35 to 40%. These securities, also have a ZERO weighted cost average when heh are created because they are indexed off the common and do not increase the Issued Capital of the Company, unless the company's calls upon its stockholders to convert for general REGISTRATION purposes. Naturally in a case like tht, the conversion, would reflect the equity and the market capitalization of the company. This is what makes these securities so special......
I find it interesting that people have issues with the TRUST, when they don't do the following:
(1) they don't hire stock promoters
(2) they don't hire newsletter writers
(3) they don't pump securities,
(4) they don't want anyone to buy stock in the open market
(5) they advocate REGISTRATION with the SEC
(6) they consolidate all DEBT from the balance sheet
(7) they don't support day trading in these securities
(8) they advocate audited financial statements
(7) they move assets on the balance sheet
(8) they protect previous stockholders with Anti Dilutive Pref
(9) they do not allow further issuance resolutions, devoid of REGISTRATION , once the DEBT is removed.
(10) they don't put out PR for pump purposes
(11) they make major improvements on the balance sheet, eliminate waste, and paper losses.
(12) they communicate with stockholders regularly through CC
(13) they bring in experienced Auditors and Legal to keep the company's disclosure up to date.
(14) they write in the Articles of Incorporation, that the Preferred Securities cannot be converted, even after they mature, without going through a general registration for everyone.
(15) they expressly forbid the company taking on any new DEBT, they believe that once a company is debt free, it must remain as such.
(16) they believe all companies on the pink sheets should be BDC's, thus creating an opportunity to diversify the value.
(17) they protect investors at the expense of day traders, they don't care about the current PPS of the company
(18) they hire Doty Scott Enterprises to review the value of the Assets before the Auditor steps in to audit the books.
(19) the insiders are not allowed to take money out of the company, that is PAID in CAPITAL, they make their money through MANAGEMENT FEES FROM RETAINED EARNINGS.
(20) the TRUST makes money when securities are REGISTERED, they are part of the REGISTRATION, additionally they buy part of the debt that gets converted to preferred stock.
(21) the TRUST does not put any DEBT on the balance sheets of these companies they are fixing.
(22) many of these companies have ASHER CAPITAL debt, which systemically converts through the TA, without an Issuance Resolution, crippling the Issuer for Life. The TRUST gets rid of that problem by getting them to convert their interest, to get their principal back, which eliminates repetitive conversions.
(23) the TRUST deals with DTC CHILLS, by eliminating the use of 504's in pinkies, and REGISTERING SECURITIES with the SEC.
(24) the TRUST does not charge the public company anything, in fact it purchases DEBT, and waits for the REGISTRATION to make money, just like the rest of the stock holders. It pays the company's disclosure requirements, pays for legal and pays for auditing to get on the OTCQB.
(25) the TRUST makes sure the Issuer is in good standing with the State, the TA and its service providers.
(26) the TRUST uses simple shareholders like us to get the message out. We are not paid to post, or given freely traded stock to promote their stock.
(27) we promote the TRUST, not the public company, until they have embraced the doctrines of the TRUST, debt free, commitment to building shareholder equity, registration with the SEC, protecting stockholders by issuing Anti Dilutive Convertible Preferred Securities.
(28) the TRUST creates many series of Anti Dilutive Convertible Preferred Shares to use for different assets that will move into the public company, thus creating the opportunity for different wholly owned subsidiaries to join the public company.
(29) the TRUST believes in ISSUING cash dividends to stockholders as soon as the Issuer starts to create retained earnings through its subsidiaries, and its own investment activities.
(30) the TRUST puts a priority in eliminating stock based compensation. For example, in CDFT, since they got involved the Net Operating Loss is now $980 from $1,500,000 in paper losses. They eliminate executive compensations that are gratuitous, and they eliminate the needless issuance of stock, unless DEBT has to be removed.
So clearly, none of those points can be disputed, in fact to argue against these facts would be in fact arguing against the kinds of things the REGULATORS want to see from the MICRO CAP MARKETS. Some of the companies may not like this program, because it forces them to come to grips with their own previous bad behavior but many of these companies have reached the end of the rope. They have very few options, and no wiggle room to do much other, knowing that the SEC is reigning in stock promotion and the illegal registration and distribution of securities. If these companies follow through with the program, then we can cheerlead for them, but until then, we cheerlead for the TRUST!!
To answer your question, you will not be depositing preferred shares with your broker dealer, please follow the example:
(1) you currently own say $3,000 worth of common stock
(2) the company will issue you 1500 Anti Dilutive Preferred
(3) After the debt is gone, & after an audit, ARNH Reverses
(4) ARNH will ask Preferred Holders to convert 1 Preferred
(5) 1 Preferred = 100,000 common, it will be restricted
(6) at the new price, ARNH will REGISTER our securities
(7) those common securities will go to a broker to be sold
These securities would have gone through an S1 filing with the SEC, so will be deposited at a broker dealer, so that they can be sold, there will likely be a stock promoter, my guess, to help with the overall liquidity in the market at this point. That's their program with ARNH.
Listen my friend, while I agree she had made piss poor choices in her past, actions do speak louder than words. The fact remains that the Q is a major improvement from the last Q. The debt has dropped demonstrably, and the assets are starting to trickle in, I think the next step after the debt is gone, is to audit everything so that we are not relying on made up figures, as pinkies so often do. But knowing the TRUST, they don't like pinkies who don't want to REGISTER with the SEC. So I imagine that will be a top priority for them moving forward.
You are not entitled to now what other preferred investors own, in case you had not noticed, that's why they are called preferred shares. Additionally pink sheet companies are not SEC filers and as much are not required to disclose that information. Even fully reporting companies don't disclose ownership positions of their preferred investors! That is simply not material information. What is material information, is if any of those securities, are sold through an issuance resolution, which they can't be, because these securities have to be registered with the SEC.
Anyone who has a problem with the SEC REGISTERING SECURITIES is on the wrong side of he LAW!! The TRUST is all about REGISTRATION!! You can only register SHAREHOLDERS OF RECORD, which by the way means that shareholders in street name, the ones in the float are SOL if they don't take the preferred. They also do not advocate anyone buying the stock in the open market, which means they have neither the interest, the opportunity, or the ability to manipulate market prices as it sits today. I doubt they even care! One thing we do know is that if these companies were not already in bad shape, they would not be signing deals with the TRUST. The real audience here is not us, it's the current CEO's that are moving forward with going with the TRUST!!
When you have debt as ARNH had, you increase your issued capital to remove it, it's that simple. She only has 100k left and that's going to be retired for preferred, so she is right on pace to remove all of her debt. Very good start!!
Are these guys that stupid to think that CDFT won't be linked, they bought a small part of their debt, converted it and sold it, sounds like what Asher Capital does, except without the Anti Dilutive Preferred.....wow....they just 2 and 2 together
Spoken like a true stock promoter or day trader......keep it up, a RS awaits you very soon!!
Don't worry admiral there is about 30 companies out there that you will soon find out that CDFT is linked to......keep up the good work, you are doing a great job for us here! Lol
I think everyone is out my friend, but you did not answer my last question about your own consulting
What admiral, you don't answer questions
Hey guys, I missed all the fun, are we still talking about the misinformed on this Board. I always like talking about issues our friends are simply overmatched with..........hi digi, why don't we begin with the word REGISTRATION, and ask our friends what they think that means......I don't know maybe they have never heard of it.....got to ask!! Can someone tell me why companies don't REGISTER STOCK, or better yet why our friends don't advocate REGISTRATION!!! The SEC loves REGISTRATION, I JUST WANT TO KNOW IF THEY ARE ON THE RECORD OF ADVOCATING REGISTRATION. I heard someone ask for their shares electronically, I presumed the group over there knew that only PHYSICAL SECURITIES can be REGISTERED? This question I pose to the Admiral, do you oppose REGISTRATION WITH THE SEC? And do you oppose STOCK PROMOTION WITHOUT REGISTRATION??? Just once I would like to get an answer....
Why would Rick answer some anonymous poster from IHUB who has not sent in records to the email address that was prescribed?? Why would he take your calls!? I am sure he has better things to do in the day, why don't u call Mr King, I am sure he would live to take your calls. I just don't understand why you guys never got on the CC. Look the jig is up, The train leaves the station by the 20th of May......there is nothing that you can say or do to change the chain of events that will no doubt happen, for the better. Investors ahead of day traders......for once somebody is talking the talk!!!
It's too bad you don't understand the TRUST program, and perhaps your objectiveness is slightly skewed by the company you keep. Dustin had no assets, and he had debt, which means the Anti Dilutive Preferred Shares that we covet were IMPOTENT!!! Remember that my friend, your shares are only as good as the debt to equity ratio that any company retains. Please try to be informed about debt to equity ratios, if you had done better DD you would have noticed the $300,000 debt overhang in the company. Before any of the anti Dilutive shares can hold any real value this debt must be converted, assigned, and consolidated into equity on the balance sheet. The same equity that you claim creates the problem, well surely you know what DEBT is.......my guess is that it slipped your memory that Dustin never had an equity, and the anti dilutive shares were only his stock. And to make matters worse, he conveniently leaves when this debt is about to come due. I guess you would have us believe that the Trust created the debt, and they are bringing it due, which is a truly sad commentary on your argument. Try to stick to day trading, but Anti Dilutive Preferred Stock and Registration don't seem to be strong suit on this Board. I can be of assistance if you require my skills in this area.
Here's the rub, when you own nothing, and have no choices, you have no options. None of the people on this board own the company now, and that's all there is to it. The boys have given everyone an ultimatum, it's the preferred or the reverse. It's take it or leave it.... Not hard to decide, but if you leave it, that's too bad. Take up your crying party with Dustin, I am sure he will oblige the misinformed....lol.....NOT !!!
It's always nice to watch a crying party!!
Everyone who is stuck in a stock that was not of their choosing owes the professional consultants and stock promoters a deep debt of gratitude. Maybe you can find some solutions for us, we all know, you guys are BIG ON SOLUTIONS!!! Lol
My opinion does not matter, I am merely here to refute the misguided musings of anonymous posters from parts unknown
Obviously they do get to pick and chose my friend, it's written into the Articles of Incorporation, which you don't read. No securities will be allowed to convert, unless all securities are part of a general registration statement!! What's the matter, is the SEC a scam now, you don't like REGISTRATION STATEMENTS, because I have never heard any of you guys ever once mention REGISTER WITH THE SEC. I will repeat it again for you, NO ONE WHO OWNS PREFERRED STOCK WILL BE ALLOWED TO CONVERT THE SECURITY BEYOND ITS MATURITY DATE OUTSIDE OF A REGISTRATION STATEMENT WITH THE SEC!!! Now if you call that a scam, why don't both of us call the SEC together and get their opinion, shall we.......lol
By the way, to those less fortunate, talking to about CONVERSION FEES!! I guess along the way, someone forgot to tell them the company pays for the REGISTRATION, that's how our restricted common stock becomes free trading when you deposit it with the broker dealer to clear the securities. They just don't want you to know, what they have been doing for years, when they clear their physical securities, and sell them. The inmates control the asylum now, and we know our rights more than we did before. It's game, set and match.!! CONVERSION FEES!! We are going to pay money after we have sold our stock, and to convert our preferred into common, there will be mailing fees. I guess somewhere along the line, someone forgot to tell our friends, it's $17.00 per certificate from the TA. So much for fees!!!!!lol
That's completely ludicrous and clearly the musings of someone misinformed. Remember everyone, the anonymous musings of individuals who refuse to put themselves under the microscope, are just that.....musings. To assume that the current liquidity in the market, is the result of the TRUST, When they have asked that no one buy these securities, is ridiculous. THE NAYSAYERS ALWAYS TRY TO SURMISE BUT HAVE NO PROOF!!!
Here are the facts:
(1) DUSTIN IS GONE
(2) HE LEFT A MESS
(3) STOCK PROMOTERS CREATED NEW BAG HOLDERS
(4) COMPANY HAS THIRD PARTY COMPOUNDING DEBT
(5) THEY HAVE NOT FILED WITH THE SEC
(6) THEY DON'T FILE AUDITED FINANCIAL STATEMENTS
(7) CORE BUSINESS HAS FAILED
(8) DAY TRADERS, AND MM's OWN THE STOCK NOW
(9) COMPANY HAS NO VALUE, NO OPTIONS
(10) STOCK HOLDERS OWN WORTHLESS STOCK
Here are the proposed solutions:
(1) THE TRUST CALLS THE SHOTS
(2) THERE WILL NOT BE ANY STOCK PROMOTION
(3) THE TRUST WILL REMOVE AND CONSOLIDATE ALL DEBT
(4) THE TRUST WILL CLEAN UP THE WASTE, NO PAPER
(5) THEY WILL FILE WITH THE SEC
(6) THEY WILL FILE AUDITED FINANCIAL STATEMENTS
(7) THEY WILL BECOME A BDC ENTITY
(8) THEY WILL WIPE OUT THE DAY TRADERS WITH RS
(9) COMPANY WILL BEGIN TO HAVE VALUE, DEBT GONE
(10) STOCK HOLDERS WILL OWN PREFERRED STOCK, CONVERTIBLE INTO A PRE DETERMINED AMOUNT OF COMMON STOCK READY TO BE SOLD AFTER A REGISTRATION STATEMENT.
Outside of those facts, the chatter about whether this is good idea, is just chatter, it amounts to nothing, none of the ideas expressed here count for anything. No one here runs the public company, and I seriously doubt the boys even pay attention to what is being said here.
It's a situation that the trust neither created or enhanced, as I have said before, the difference between an investor and a day trader, is that investors are stuck day traders, who wish they weren't holding the back. Well the reason why you don't have any choices, is because the promoters, the CEO or the newsletter writers who got paid in stock to create bag holders are no longer around. And yes you DO NOT HAVE ANY CHOICES! You don't run the public company, and you certainly don't have any voting rights. Sitting around complaining or weighing the pros and cons is kind of funny. There are no choices here.....if you we're on the CC, they said, " don't buy the stock " and hey also said they are changing the look of the company. It's very simple now, we either assimilate with the preferred and see what happens, or we get annihilated in a RS. I don't know about you guys, but NOBODY ON THIS BOARD CAN CHANGE ANY OF THOSE OPTIONS!!!
The one thing you can never do is listen to stock promoters and consultants, why don't you ask Cash where he clears his certificates......you might be surprised with the answer!!!lol they all clear at the same place with the same cast of characters. Don't let anyone here deny you your rights!!!
The reason why you are getting attacked is because all of your points are completely false, and not based on any true objectivity. None of you also provide any solutions to the mess that's been created by the same people that you keep letting off the hook. I never hear any blame going to the stock promoters and serial debt converters that work with them to perpetuate dilution. I never hear anyone of you guys talk about REGISTRATION WITH THE SEC, because it has become normal to keep running red lights. You guys never talk SOLUTIONS, because you are too busy bashing people that are providing SOLUTIONS!!! That's why the vultures are circling. I told you, we are taking over........these guys have said, " don't buy micro cap stock" and they have said it over and over again. The fact that reading a balance sheet also escapes the so called experienced traders, is cause for concern. I am an Actuary, and none of you friends can read a balance sheet, or perhaps they have selective memory loss. If you can't see improvements, major improvements from the last Q, then all hope is lost for your group. Not that there was anything there to salvage. You see, you are dealing now with educated investors who simply won't be bullied any more, that's why you are losing!! It's not like any of you guys run these public companies, so whatever you write in these forums has no weight, any how, it's the CEO's left with no options, no hopes, and no reality, that are making the choice to work with the TRUST. Anything that happens after is irrelevant .
Quite frankly what we think here is irrelevant. The stock promoters and the serial debt converters are the nemesis of investors, they always have been, because that's where they get their stock to create a new set of bag holders every time their finger prints are on a deal. So what is relevant. The companies are deciding to go with the Trust, whether you guys like it or not. The companies don't have any other options, whether its benevolent or not, is of no consequence. There isn't anything the stock jocks can do about it.....this is starting to spread now!!!
Unfortunately, for some speculators, like the one I am replying to, they spend far too much I've speculating, instead of reading the articles of incorporation. The company has the final say on all securities that end up in their market, because no securities can become freely traded even after a year, unless the company signs an Issuance Resolution. So talking about securities on a fully diluted basis, is quite frankly, postulating and hypothecating events that are simply not in the cards. Taking things off of wiki and then using them as FACTS, is actually absurd, if you have not taken into consideration the rights and privileges of these instruments vis-a vi the company's rights. Unfortunately for my dear friend, he needs to be more aware of FASB 815. If these securities were easily dilutive as he describes, these securities would be DERIVATIVE LIABILITIES. The fact that the company has the ability to sanction, deny, and register these securities in advance of any conversion, makes them a DERIVATIVE TREATMENT......which is EQUITY on the balance sheet. Unfortunately for him and those who do not know enough about these instruments, the TRUST has already said that these securities will only be REGISTERED!!! I guess the whole thing about REGISTRATION WITH THE SEC is lost on the naysayers, because many of them don't want companies to register, that's why they get charged!
Hi admiral, great DD there, I guess working for Georgie Sharpe pays pretty good!!
Wells over 100 certificates have been mailed out, a great success, everyone else will get reversed eventually when the company does its audit......just a wild guess!!
George Sharp is on this board, so everyone needs to stand up and take notice.
Wow, buddy we actually agree on something!! Right back at you, Old Sport!!! Lol
I think he is Jay and I am George. For the day I will bash REGISTRATION WITH THE SEC, and he can explain his glorious STOCK PROMOTION SERVICES!
Hey guys you heard it first, he is a consultant for public companies.....which means stock jock, aka, promoter. When companies hire guys like you they leave fresh bag holders, I can see why the Trust guys scare you, because they are ratting out to the SEC that kind of business. One word of advise, since you are an industry professional, not a wise idea to promote stocks in this regulatory climate using IHUB or any other resource with the SEC going after stock pumpers. Remember my friend, these guys tell people not to buy stock, they tell companies that they must register their stock, they also eliminate repetitive debt conversions from serial 144 types. Their program threatens the consultants business, and believe me, it's high time that investors wise up to the shenanigans of paid for pumpers. The jig is up, people ar educating themselves now, and the companies are no longer able to access the markets through illegal 504's, and evasive tactics against registration. GET THIS THROUGH YOUR HEAD, THE SEC WANTS ALL THESE COMPANIES TO REGISTER THEIR SECURITIES......and not once have I ever heard a consultant give that advice to the CEO of a public company. They have perpetuated bad balance sheets, enormous debt to equity ratios, and nominees acting for insiders selling stock. They have never told the ISSUERS........REGISTER YOUR SECURITIES OR ELSE!!
Tough Luck George!
You represent the symptom of the problem of the micro caps, bloated and overpaid stock consultants who get paid to create fresh bag holders, the bigger fool syndrome!!
Are you a stock promoter, worried about your future prospects!!!
Well, here's the rub, nobody has any other options here, so their solution is not only plausible, but makes sense. It's not like anyone here is being asked to buy stock.....the pref shares are free and have rights attached to them through the Articles of Incorporation. What we eventually sell our converted securities for, remains to be seen, but anything is an improvement from the mess that they inherited!!