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Ruh Roh. Headed for new LOD. What to do what to do
Man I'm so glad to hear you came back here and mopped up. I remember you were down pretty far back when we were both in it. I cashed out and lost my ass and never took another chance on it. It took guts to buy back in and ride this thing. Wish I had but I'd be super pissed if Hartman got another dime of my money. He's a crook but that doesn't mean mucho dinero can't be made here as we just saw. You just have to know when to sell. Glad you did well.
The AS is 1 billion shares. He's going to dilute until he gets close to the AS then he'll RS just like he always does. Can't change a leopard's spots. Maybe I'll play this thing after the RS. GLTU
AWESOME. You GO man. Keep it up.
Back to trips by the end of the week. Hartman made some major cash on that run. Don't get caught holding his bags
It WILL go red today.
You guys had a great run. Take your profits or be holding bags. That PR was BS. By the time the application gets looked at coronavirus will be history. This thing is headed back to where it started. Don't get greedy. You'll regret it. I know from experience with Hartman. He's nothing but a crook.
Hartman might actually get some prison time for this one. The world doesn't look kindly upon anyone profiteering off the coronavirus. This is just showing how low that POS will go. No scruples whatsoever.
Down 17%. Boris must have tweeted.
Closed green every day this week and up 14% today. No complaints here. Another great flipper. Looks like .02's are coming to me. Who knows...might run back to .07 again like last month. Solid money maker and everyone knows it. Just a matter of knowing when to get in and when to get out. SWEEEEEEEEET.
I'm not an auditor. I just know BS when I see it. I know a few CPA's. An ex girlfriend is one. I showed her those last unaudited financials and she almost fell out of her chair laughing at the goodwill valuation. Boris has painted himself in a corner but he's not worried. He's made plenty. No Reg A. Just excuses. He has managed to put off the audit for 4 months and it will not arrive on time, either, if ever. 4 months for an otc stock is an eternity. This thing will continue to slowly tick down. I realize it's a hard pill to swallow, but you can blame too many unfulfilled promises for that. It's all just my honest opinion based on what I've witnessed. I could be dead wrong, but so far not so much. It's easy to see you're a very intelligent guy. But even the very smartest of us gets fooled once in a while. GLTU
As you know, the OS reduction did not come from a share buyback. They merely converted those common shares to preferred shares. Investors should know that.
No REPUTABLE auditing firm is going to allow 112,000,000 in goodwill against 68,000,000 in hard assets. I realize they scoured the ocean floor and found Goldman Research under a pile of whale dung to show a .40 per share valuation but we all know that was for a 5000 dollar fee. A CPA would lose his license for that type of BS. I just can't see a real auditing firm showing a 180,000,000 valuation for this company. I hope I'm wrong. I would hate to see good people losing hard earned money so Boris gets rich. GL longs.
I looked at this thing Sunday before last when it was at 10. Planned on getting in Monday but premarket trading stepped on that plan. Congrats to the longs who were already in and rode this thing to 40. Hope you guys took some profits. Of course the only problem here is capacity. Not sure how many masks they can produce in a day. And Pence announced a contract with 3M for 35,000,000 masks per month. Just some info in case somebody didn't know. I hope she runs again for you guys. GL
Thanks. That one has been on my watchlist for a while. Looking good. GL
I'm afraid the wait for the audited financials is a very long wait for an otc stock. Support will break sooner or later and this thing we'll see .005 long before then. I might grab some shares there for a quick flip. I'm sure we'll see more fluffy tweets which will help accelerate the downward trend. I'm just basing my opinion on history. They're always late and their numbers are always questionable. Never invest more than you can afford to lose. GLTA
Thank you. I certainly can't argue with that.
For your sake I hope it does.
That post is probably the best explanation of what goodwill is and it also proves just how subjective the valuation actually is and it also proves just how intangible it is. So, for a company to base 2/3 of it's shareholder equity on something so subjective and so intangible is freaking outrageous. It also states within that definition that it takes quite a few years to establish goodwill and this company hasn't been here long. Good luck folks.
Yeah, 112 million in GOODWILL is a red flag. 70 million in liabilities is also a red flag. It appears their new lawyer has difficulty identifying red flags IMO. Hard to believe the bid is sub penny......again. Especially with that blockbuster news yesterday. Seems to be a pattern. I guess that train has to back up a little to pick up some more bagholders before it can leave the station.
Tons of red flags and an SEC atty 'didn't see them'. Sure. Proceed at your own risk. Has there ever been a case where a guilty person got away with it......just asking
I did. I read pretty much the whole thing. You should too. I think he may well be the perfect atty for axxa.
This is interesting. Birds of a feather.
https://www.leagle.com/decision/2003621396fsupp2d2251600
Boris said "His word is gold". ROFLMAO!!!! Wanna buy a bridge? Gawd!!! LOLOLOLOL!
Now that this thing is back to sub penny, how many folks do you think are thanking you for YOUR advice? The fact is none of their purported assets or revenues have been verified. Just some paid for report by some "for hire research company" called Goldman Research claiming some BS valuation based solely upon numbers provided by Boris. No real research was done by this company to verify anything that Boris provided. It's written in the disclaimer at the bottom of the "report". You want to help Boris? Why? Before you try to say I lost money here I'll just tell you I tripled my money here by flipping. I might buy back in at .006 for a dead cat bounce, but ole Boris will continue with his BS simply because he keeps lining his pockets with long money. I believe it might well be you who has very little class. Folks who bought in when you first started posting here are SERIOUSLY red here and that is a FACT. Classy.
Actually, I don't 'always say I'm getting out'.....I AM out. Sold at .019 when it was on it's way to .034. Not the best timed trade I've ever made but I tripled my money. And no....I don't believe in this stock at this time but I'm still interested in it. I stated my opinion of the last quarterly and my concerns about it. I don't know if that constitutes 'shit on' but it was my honest opinion nonetheless. Your reply to me seemed a little hostile. Did I say something to upset you.
It just appears to me that there is a definite reason why we are not seeing 180,000,000 bucks worth of shareholder equity reflected in the share price. And I honestly believe at least part of that reason is that high percentage of Goodwill factored into that equity. Goodwill is intangible and very very subjective. Investors want tangible concrete assets to invest their hard earned money. Of course that's just my opinion. You're entitled to yours and invest accordingly. Hope everyone here gets rich.
I wish you luck.
Wow. They put that line in there just to tell me to screw off. Cool. Sorry I didn't sprinkle your day with pixie dust.
Don't know the answer to that, but it appears they haven't diluted since that 'share reduction'.
Folks, I've got to do this. Those who know me know I have a problem with the high percentage of their total assets being 'Goodwill'. In the quarter ending March 31, 2019 Goodwill made up 29 percent of their total assets. The quarter ending Dec 31, 2019 Goodwill made up 62 percent of their total assets. That's more than double.
Take out Goodwill and the real assets increased by around 50 percent while liabilities more than doubled.
They are basing just way too much stock holders equity on Goodwill simply because Goodwill is INTANGIBLE.
But good luck anyway. It looks like it might be good for another flip.
Thanks
Did they come out with new quarterlies? I looked at otcmarkets and didn't see them if they did. Anybody have a link to any new quarterlies?
The severe devaluation of the lira is actually a very viable reason for the delays in the RM. I think he still intends to complete the RM just not quick enough for us. I sold some of my holdings for a helluva profit. Wish I'd sold more but at least I'm still green. Loading again. I'll be flipping heavier from now on. This might take a couple more years or longer but once it happens shareholders will be happy. Meanwhile, there's money to be made here. GLTA
I've held this thing a long time believing they would get those fins out....I still believe they eventually will. And thanks to the last dip and run I'm back to green on this stock. But from here on out I'll start flipping higher percentages. I see now it's a great flipper. Loading back up soon and making some money. GLTU
How about me.....can I go
You probably won't be hearing from Kisa again for a while.
You made a great decision in the nick of time. Good trade, man. Rock on.
250 percent every few months isn't bad. I'll continue holding my core and sell a percentage on the runs. Jumping back in tomorrow for more flipping shares. They're going to get current again sooner or later and this thing will fly. Meanwhile you've gotta build your core with free shares. Keep your eye on the ball. GLTA
Anyone ever notice how the market always overreacts. This was a serious overreaction. Fortunately I let some of my shares go at .0555. Tomorrow I'll be buying 5 times the number I let go for the bounce up. Do what you want but I won't be the only one. GLTA
OK. I'll try again. I really can't help you much after this. I was able to reach the clock and actually saw it counting down, however I don't have an Instagram acct. Your buddy stockbull has directions here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153928673