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Me too. For better or worse at this point. I won't sell unless I really need to go buy lunch at Taco Bell, since that's about what the shares are worth now.
Does everyone but TDA have the ticker without the D?
So true.
Train wreck.
Has anyone on the board bought or sold any shares since the reverse split? My orders don't seem to be getting put through.
I know the feeling. I assume it's a bad thing that when I look at my account regarding STOA I simply shake my head and laugh in disgust.
Busy day for stoad.
Just noticed TD Ameritrade cleared my shares. Curious to see what the new day brings now that most brokers have, I believe, cleared the new shares.
So true.
No. It usually takes a few days to update the accounts.
Yes.
Did he say this before or after 'Cuts like a knife' came out...:)
Why are the 9MM blocks so common whenever something like 50MM shares hit?
Even if all the shorts have covered, isn't the lowest possible holder of a share of STOA at .0001/$1 post R/S?
In the history of the company, NOBODY has shares under .0001/$1.
Without dilution or massive selloff, why would pps plummet?
If the company does not dilute, and any current shareholders don't sell, what shares is anybody buying that will cause STOA to go under $1?
Good point on the possibility of a fs down the line....at well over what most of us paid.
Nobody can deny it's POSSIBLE.
Just doesn't make sense that all holders of shares, including Wang and STOA board, all pp investors, and Soconison would screw themselves. They all have shares at .0001/$1 or more.
I am just trying to figure out why it would make sense to issue pp and shares to Soconison, then reverse split those. If they were out to deceive, wouldn't they have just done the split and THEN diluted with those shares?
I know I would rather have 2.5 B shares AFTER the R/S than before like they issued them.
Just asking.
I understand they can always dilute, but if they don't, what other shares are there that would be under $1?
What do you mean "free shares"?...only through dilution?
Thanks.
Considering no dilution of course.
And no serious selloff from current holders.
Quick question....
If the pps falls under $1 after R/S, doesn't every investor who has purchased shares lose money? Including the folks who have converted and Wangs own shares? Why and how would this happen and what shares would any new buyer be buying?
What is the email folks are writing to that has received a response from Mr. Wang?
Holding....better or worse.
No way they let this go to anything less than $1 and lose money long term....imo of course.
Unless you were getting those shares back at some point.
Wangs groups are at $1 share after R/S...
$250,000 for 250,000 shares.
Just makes no sense to R/S your own shares in my opinion.
Just thinking out loud but...
R/S...Uplist to bigger exchange....forward split at higher pps....as long as A/S remains 10 B, that leaves over 5 B to hit open market even after forward split.
Wishful but possible.
Effective now. Yep.
But if the 2.5 billion that just went to Wangs Soconison is Nov. 21 2014, i would place my bet something is expected at least by then.
Off the top of my head....
I believe all PP shares were locked until at least April 2014.
Interesting...
About the time many of the PP shares will be able to hit open market.
Different guy
Thank you.
Quiver,
Were you able to get a count of retail getting 2s yesterday?
Anyone else get filled? We are up to 3 million out of 165 million today...
Not bad odds.
Anyone get 2s?
There went the slow day.
Lllloooolllllll....
I think we are safe today.
Count me in too.
Nice.