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Bought another 150'000 shares at this moment.
Always said I'm going to buy more once this traded around 0.007 .
Now I changed my mind. Not a vote against TCPS (still holding big time) but a vote for FRTD. Have a look at it. I think it has a lot to offer.
Bought 200'000 shares of FRTD at this moment. Happy to be part of this excellent growth story.
Maybe I better say the stock markets are undergoing a correction. I do not follow the Cannabis sector in detail. Just CANN and FRTD. Those two lost a third of their value the past two days.
Again today the sector is in trouble. CANN and FRTD struggeling.
The sector is not doing good today. CANN has a problem too.
We are still doing fine but the day has just begun.
As predicted.
Now it starts to hurt those who thought it's a one way street.
Many of them are now red and are going to throw in the towel very fast. I'm ready to buy at 0.007 as I said days ago.
Guess we'll see a few more changes. Most important to me is the financials (debt, cash, revenues, p/l, ...) and of course the new amount of authorized as well as outstanding shares. As soon as we be able to read the terms of the memorandum we know more. Hope within the next 2-3 weeks we get the details.
Shares outstanding up by 30 million to 266 million. Updated 4/7.
to6908 I think we are doing fine. Today's PR was nothing new. More or less repeating/confirming what was said in last week's news. Interesting now are the terms of the deal and if there is any indication about the revenues of the Zimbali group. Also I would be interested to know who many names stand on the Zimbali customer list. In other words we need a bit of beef to the bone before we can go on. Since this will take some time and the crowed is not very patient we'll see a bit of a bleeding. Could go as low as 0.007-0.008. We'll see.
Waiting for the terms of the deal.
Thank you duelittle2.
Patent evaluation and litigation is expensive. TCPS has no income. Somebody has to finance it. Filings, office rent, salaries, .... all this has to be financed. Since 12 months already. A lot of pressure.
Yes, I think it was "some kind of" a R/M. Probably not a straight forward one and because of this the websites needed to be purchased. Could be that not all of the Zimbali assets will be transferred or in other words not the "whole" Zimbali is doing the R/M.
But yes, I believe Zimbali will have the controlling amount of shares. Just because TCPS has no business yet. All TCPS has is a patent (in my opinion a very valuable patent in case they do prevail) and a technology (Lycon needs to be updated what costs quite some money). The real asset for Zimbali is the shell.
So you have real revenues and you have a shell with a patent possibly worth millions BUT the process is a long one and the outcome uncertain. Therefore I think 2/3 and 1/3 is justified.
Of course all IMHO
Soon we get a company update. Then we know for sure.
Yes, I would expect it. Also, I don't think the Zimbali Group people intend to sell much at current prices. I think they know that the Cannabis Market has a lot of potential.
Don't forget that Mr. Kevin Worth did not give us the Websites and the Revenues of Zimbali Group for free. We do have to pay for this. As a former investment banker Mr. Worth knows how to structure this type of deal. Through TCPS the Zimbali Group transforms from a private company to a public company without going through the registration process. Saves him money and time. Currently TCPS has 300 million authorized shares and 236 million of this are outstanding.
I expect the "new" TCPS (= including the Zimbali Group) to have about 1 billion authorized shares and the former Zimbali Group shareholders to be compensated with 2/3 of this. In other words of the 700 million shares close to 500 million go to Mr. Kevin Worth and his group. New Float of about 750 million shares. The remaining 250 million are authorized but not yet issued. Can be used for further acquisitions, management compensation and financing future operations.
As soon as the new share structure is updated we will know the exact numbers.
Yesterdays action rises a lot of questions to me.
Why the sudden spike to 0.018 with massive volume ? All this within just 15 minutes. After that - also within just 15 minutes - a drop back to where it has started. Would a smart investor place an order like this ? The answer is NO.
More or less the same did happen last year in August. It was the beginning of the bleeding.
Although I do not intend to sell my shares I'm very sure that we'll see much lower prices next week. I expect this to drop to the 0.005-0.007 range . Just because the news is out, the surprise is gone and because Fridays action was all but healthy.
TCPS will do good but it takes time. Months to be precise.
to6908
Sorry to correct you but I'm a 2% holder and not just 1% !
I did not sell. I'm still red. Since I do not need the money I have no plans to sell. Also not for a small profit. To me this is either a MAKE or BREAK. And with MAKE I mean 5 cents or more.
Of course a Caribbean vacation would be very nice and of course I run the risk to end up with 100% loss. It is just that I really do believe in the patents and in Lycon. The Cannabis Business is just icing the cake to me. I did build up somewhat of a relation with the person I'm calling from time to time and I have some trust in this person. So I stick to my position and plan to buy more at a level of about 7 cents (= when the dust did settle a bit).
I believe in more news within this months.
I try to avoid reading the "GEM" style messages. Easy to identify.
A good weekend to everybody.
to6908
I guess you know that too.
The share structure is going to change heavily.
Current :
Authorized shares 300 million
Shares outstanding 236 million
Future :
I expect the number of authorized shares to be close to 1 billion.
The amount of shares outstanding to be around 600 million.
We did not just buy a few websites. We "bought" a new business at a price of about 300 million shares. See it from the other side. A private company is public from one day to the next. Did not have to go through the registration process. You also can say we got bought.
Still I think a good deal for both sides. Also with 600 million outstanding shares it's a bargain.
to6908
Still red but no worries I do not plan to sell. At around 0.007 I'm buying more. Just wait for some people to leave.
to6908
Do NOT like this very much either. On the other side I have to say that the Cannabis Business could be what Biotechnology was in 2000.
I still believe in the patent and in the Lycon Technology but it seems as the management has other plans. Let's wait for the next announcement to see who is going to represent us in terms of patent litigation and Lycon Partnership. A surprise is still possible.
In the meantime let's participate in the Cannabis Gold Rush. That is a billion $ market as well.
We are still just a $0.01 company. The potential is tremendous.
Doubt kills more ideas than failure ever will.
FYI
Nilbud Member Level Thursday, 04/03/14 09:13:47 AM
Re: justasupporter post# 1155544
Post # of 1156057
Added them - Thank you
http://www.stockgoodies.com/list-of-marijuana-stocks.html
Hi Nilbud, there is one more company for your list. Check the news from March 31st and April 1st on TCPS.
to6908
The company does not flip to MMJ business.
They just got a President with ties to this. The President is very well connected. I think that is the point.
We still have a few things pending. Update about it may waiting around the corner already :
- Cancellation of debt
- Patent infringement
- Partner for Lycon Technology
TCPS will trade above 10 cents. Not today and not tomorrow but patience will pay out. I have time.
To6908
Sure. No way to run. Only thing I don't like is today's noise here. "GEM"-style. Worth nothing.
Current:
Share Structure
Market Value1 $1,184,473 a/o Mar 27, 2014
Shares Outstanding 236,894,514 a/o Mar 18, 2014
Float 79,461,079 a/o Jul 19, 2013
Authorized Shares 300,000,000 a/o Dec 13, 2013
I expect the number of shares outstanding going up further as a result of the strong volume day yesterday. At least it was that way last time. Getting close to amount of authorized shares.
No, I'm not in contact with management.
I make phone calls from time to time. Always talking to the same person. No secrets or inside news. All I have been told is that milestones have been reached and that an official, public update will be released soon.
Some penny stocks you can not even call. Here they do pick up the phone and work is going on. That gives me a good feeling given the fact that the stock trades at 0.003 only. It takes very little to trade much higher. Personally I'm very optimistic about the future of TCPS.
to6908
Nothing to worry. One party dropped a block of 1,3 million shares. A smart party would do it in pieces within 2-3 days. This party decided to do all at once. A bad and unprofessional execution. Either a liquidation of a portfolio or the need for money was desperate. Shit happens.
Within the past 2 months the O/S went up by about 100 million shares. Debt reduction ? Financing ? Partnering ? Most likely debt reduction. Those who did accept the conversion got explained why this is to their benefit. Otherwise they would not have accepted it.
Very soon we will learn about all the progress made on all the several fronts as well.
(FYI, all the above is just my opinion EXCEPT of the last sentence. That one I was told on the phone Wednesday March 19th.)
They keep me busy to defend the % of my position. Have to go for another 300'000 shares @ 0.0035 .
No worries ! It's a bargain. News is around the corner.
There is news soon.
I'm thankful that it did NOT run so far. I got all the time to build up a nice position. Every month a little bit more.
Now I can say I'm ready BUT in case it takes another few months I just keep on buying small pieces.
I made a few phone calls within the past 5 months. Never was able to obtain something really exciting BUT I always had a good feeling after the conversation. They do work on something and they make progress. I mentioned the two milestones. Don't know what for BUT it means progress and not standstill. Could have to do with debt reduction and/or the 73 million more outstanding shares. I'm convinced we will hear about it in the near future. Possibly with an update about the patent infringement process and/or a possible partner for the Lycon Technonogy. Once this news is out it is too late to buy at less than half a cent. Even at 5 cents the valuation of the company is just about 10 million. News about a patent infringement settlement or lawsuit could make this happen.
In summary, I think TCPS is a very good bet at 0,0036 !
FYI
One more milestone has been reached. Told to me last night. Same source same wording. No additional info. 2nd progress within just 30 days.
On 1/31/14 I wrote to you :
Just a short info. Had a conversation yesterday.
A first milestone has been reached. Could not find out what that milestone is for and also not how many more there are BUT it means progress has been made.
to6908
My reply to your post is :
Yes, I'm convinced what you do is a good idea. I'm doing the same.
Bought a lot today. We are close.
In February the number of outstanding shares went up from 124 million to 197 million.
What do they do with the 73 million shares ?
- Debt reduction (most likely)
- Paying current bills (most likely)
- Partnering with somebody (maybe)
We are all waiting for news. I don't think one of us would accept 73 million shares without a detailed update about the company.
Now guess why 73 million shares changed hand ? There is progress and we'll hear about it this month (March).
to6908
HPNN has 7 billion shares outstanding. In my opinion the upside is limited.
TCPS has 165 million shares outstanding. Here you still have the possibility to become a 1% holder. In case you are not yet I would recommend it highly to you.
Personally I pray for a drop to 0.003 by the end of February. I'll get a small amount of cash by then and I have an idea what to do with it.
FYI
A few days ago I wrote to you that the share structure is going to change. The outstanding shares did increase by 40 million shares. Here we go.
Share Structure
Market Value1 $522,877 a/o Feb 18, 2014
Shares Outstanding 164,494,514 a/o Feb 03, 2014
Float 79,461,079 a/o Jul 19, 2013
Authorized Shares 300,000,000 a/o Dec 13, 2013
Par Value No Par Value
FYI
We will get an update on the share structure within the next days.
Current share structure is as follows :
Share Structure
Market Value1 $531,277 a/o Feb 11, 2014
Shares Outstanding 124,494,514 a/o Dec 31, 2013
Float 79,461,079 a/o Jul 19, 2013
Authorized Shares 300,000,000 a/o Dec 13, 2013
Within the next days we will get an update.
The float and outstanding shares number will be updated. Outstanding is going up by about 50 million shares.
I don't think the 18 million shares have been available on the market 2 or 3 weeks ago. In December and January the market was so thin that with less than half of the 18 million shares the stock would have gone above 1 cents.
Also most shareholders sit on a loss. They did not sell the stock end of 2013 to close the chapter. Why should they do it now, still at a huge loss, when fantasy is giving a comeback ?
Most people I know did not sell a single shares. Most I know did either sell last year or did slowly accumulate over the past months.
The authorised capital is 300 million shares. 126 million issued. There is still debt on the book. Could be the 18 million shares have to do with the debt balance. First time debt was converted was back in September. About 6 months ago. Did a lock up period expire ?
I don't know where the 18 million shares do come from nor who bought 'em but for sure it was not regular trading.
TCPS Management, I estimate, control/hold about 30% (= 40 million shares) of the outstanding shares (I don't think the PIG would do all the work for a smaller position).
Some of us here on the board hold between 1 and 5 million shares.
I estimate our group to be about 25 people or about 50 million shares. Now do your math. No room for the 18 million shares. That must be stock that was on the market first time.
Easy comes and easy goes. Would not buy into the hype. Hold my powder dry. Falling back to 0.003 and I'm a buyer again.
I'm wrong and it is not falling back but going up to the moon. Great, I have a decent position. Either way I relax. Lycon will fix it for me.
to6908
18 million shares and just 0.0056 ? I have a decent position and did not sell a single piece. Wonder where these 18 million come from. By far too many shares at a lousy level. It smells. These shares do not come from people holding since last August. Time will tell.
to6908
My shares are not for sale. I don't like days like today. Just speculation by people with no clue. Here today and there tomorrow.
I believe in the Lycon technology and I see the potential.