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Bueller? ...Bueller? ...Bueller?
A question for anyone here that can answer: If short selling and "naked shorting" supposedly had little to no impact on price action and the PPS, why has the selling pressure eased so much ever since TDA/Schwab/Fidelity was accused of lending shares from cash accounts among other acts of corruption? Occam's razor seems to suggest the abovementioned agencies and their illegal practices had a significant impact on the price action and PPS, no?
Good question. I'm just retail, so I honestly don't fully understand the interactivity between institutions, broker/dealers, and market makers. I just know that Schwab won't let retail submit a limit order for anything below $0.0001, but yet $0.000001 trades are occurring for others.
Apparently not; you just responded! Stop lying.
Correct. Retail cannot specify a trade that low.
That's your prerogative. Ignore rationality, logic, and reason. No need to notify the world about it, though. Good luck in your echo chamber.
Wen moon? Where lambo? Time for tendies! The PPS increased by just a few pennies after plummeting thousands of dollars. Slow down with the pumping, bulls. The delistment situation is still up in the air and lawsuits often take a few years to resolve. DM and the company needs to focus more on production, first and foremost. The avoidance of more dilution and excessive compensation packages would be beneficial as well moving forward. Just my opinion.
Good question! I'm curious what the record and distribution dates are as well as the ratio regarding the HCWC spin-off. Lately, quite a few companies have failed to follow through with spin-offs after announced, so the aforementioned dates would help solidify $HCMC's intent to hook patient shareholders up! This spin-off has been talked about for a while.
I just wanted to comment that I appreciated witnessing the diplomacy you two have shown each other here in a public forum. Way to set the example. It's refreshing to see in the midst of so many here that can only handle dichotomous polarized thinking. As it is written, "...true wisdom has two sides."
I can't argue with any of that. Even as a long, my wife and I were pleased to see DM get humiliated on Fox Business. Arrogantly folding his hands and grinning in the beginning but staring into the camera dumbfounded by the end of the interview. As the bears here have indicated, the lawsuit is likely just a stunt to call attention away from DM's mismanagement in order to prolong the delisting process. Like I've stated before, I only invested less than 1.5% of available capital in this; it just may be worth the loss to see a greedy CEO finally get humbled.
Heavy volume today... one solitary share sold @$0.000001!
Valid question. Only the company knows for sure.
Retail dumped quite a bit from Schwab accounts. Lots of 999,999 sell orders (max size for Schwab's archaic system) at $0.0001. Each of those transactions would've incurred a $6.95 commissions fee as well. Ouch! So, what's the next business venture? NFTs, cryptos, baseball cards, used furniture, landscaping...? Mr. Sweat won't get that $150,000.00 annual salary while tithing shareholder equity into the offering plate unless he keeps the machine running somehow.
Whew... that would be the proverbial nail in the coffin right there. $0.0001s are imminent. I guess that's why WALLC sold about 95% of his shares and is down over $80K. Wen HeliosDX spin-off shares?
Fair enough. I agree with a lot of your points and do believe there is upside potential. I wouldn't be invested as a long otherwise. GLTY, sir.
Why does it have to be either/or as opposed to both/and? Yes, shorting is legal but naked shorting is not; both have contributed to lowering the PPS to where multiple reverse/splits were needed to remain NASDAQ compliant. However, it is also true that DM has diluted massively and pocketed much of the proceeds with excessive and premature compensation regardless of not having accomplished much; this unequivocally contributed to decimating the PPS as well.
Almost everyone here seems far too dichotomous and polarized in their thinking. Why is ambivalence so hard to wrestle with? Both naked shorting and incompetent management have contributed to the present set of dire circumstances.
Well said, JuicePigs. Unfortunately, I don't think Lakota-45 or his acolytes can help themselves. They have a cultish mindset regarding $WDLF and seem to worship the mismanagement team without question. Not sure why they can't admit to the company's shortcomings and financial hardships while still remaining hopeful that circumstances will improve. Instead, they are willfully (and woefully) blind to the 32M+ in debt, recent net income losses, future plans for dilution and acquiring more debt, as well as a potential reverse/split with a ratio as high as 1:10,000. What's worse is that Lakota-45 and his pump-and-dump crew attack anyone that tries to help snap them or any new investors out of that cultish mindset, when all we're trying to do is help them face reality. It's a shame, really.
I guess you might as well add libel and defamation to your illegal pump-and-dump campaign, right? I never verbally attacked you, Ken, or the company on the shareholder network. I asked about the proposed reverse/split and was promptly blocked as a result, just like others here. You can proceed to pump all you want. I'm long! I just want to ensure that new investors have all the pertinent information that you conveniently leave out, such as the company's reported $32,864,455 in debt, $70,929 in recent net income losses, and future plans for dilution with the issuance of more common shares.
Sorry, NOPE! JuicePigs is right. Net income (loss) is ($17,721.00) and ($70,929.00) for three and six months ended 6/30/23, respectively. Those are the EXACT figures from FORM 10-Q, PART I, section F-2. Check for yourself in the provided link to their latest filing, dated 8/21/2023. It is what it is. I'm long but refuse to allow Lakota-45's illegal pump-and-dump campaign to draw in unsuspecting newcomers into holding bags.
What's worse is the following in the GOING CONCERN section of the linked document (consider the implications of the emphasized parts):
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The Company’s financial statements have been prepared on a going concern basis, which assumes that it will be able to realize its assets and discharge its liabilities and commitments in the normal course of business for the foreseeable future. As of June 30, 2023, the Company had $31,338 of cash, an accumulated deficit of $32,864,455 and a loss from operations of $70,929. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon its generating profitable operations in the future and/or to obtain the necessary financing to meet obligations and repay liabilities arising from normal business operations when they come due. The Company’s management intends to finance operating costs over the next year with the public issuance of common stock and related party loans. While the Company believes that it will be successful in obtaining the necessary financing and generating revenue to fund its operations, meet regulatory requirements and achieve commercial goals, there are no assurances that such additional funding will be achieved or that it will succeed in its future operations. The Company’s financial statements do not include any adjustments that may result from the outcome of these uncertainties.
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Again, it is what it is. The mismanagement team is generating a net loss and plans to dilute the stock and acquire more debt over the next year. The company said that, not me. Don't trust Lakota-45, as he seeks after ill-gotten gains at the expense of the naive. I won't tolerate that immoral and unethical behavior any longer, and no one else here should either. If people want to invest in $WDLF, that's fine... but let them do so while aptly informed of the risks.
In post #63,908 he states, "...that first run to .04+ was a blessing for me." Doesn't get any clearer; that was the dump after the pump and last time I checked, pump-and-dump campaigns are illegal. Plain and simple. New investors, beware.
Where is my boy, JuicePigs? Apparently, Lakota-45 and his crew (Ken et alia) pumped late on a Friday night (even prior to Labor Day weekend). Fishing downstream again, I guess. Can we talk about the mismanagement team's moving goal posts, JuicePigs? Always the next quarter's earnings, or liquidity event right around the corner, or whatnot. Lakota-45 pumps every.single.time, as if he was an insider.
Full disclosure (Lakota-45's disclosure, actually): he sold $WDLF shares at $0.04/share (dumped after the pump) and then boasted about the profits before continuing the illegal pump-and-dump cycle!
Yeah, I finally got around to watching it as previously mentioned. DM was rightfully called out for his excessive and premature compensation package and he basically turned to stone as a result. Not a good look, LOL. Glad I only have less than 1.5% of available capital tied up in this.
I just watched it. Man, that was rough. What a question for a CEO to completely freeze on... the excessive compensation question. Yeah, that's gonna hurt the PPS for a while.
I didn't watch it personally, but from what I've read elsewhere it was indeed a disaster.
That's probably safe to say.
What's your point? It's been that way for over a year now... $0.000001 on the bid (basically, no-bid for retail) while the ask has been stuck at $0.0001. Nothing new on that front, so why are you even here posting juvenile nonsense like "BAHAHAHAHA"? Don't you have family or friends to spend quality time with instead?
Perverts.
Where have you been, S-BEES-BUMBLEBEE? Gave up on $TOPS so quickly and now pumping other stocks? You used to mod hardcore here, even removing my benign posts.
True! #AccurateRatiosMatter
It was 1:1500, not 1:2500. KIRLIAN88, want to try mathing again, but accurately this time, regarding the referenced reverse/split?
Well... ask C.G.B. He used to dictate the narrative here for about two long years with excessive censorship prior to the TOS changes, but lately he's been... not so present. Hmmm...
I'm still waiting for my $0.0001 limit order to fill before the market potentially recovers, but the bears here seem too incompetent at their job. In spite of some of you knuckleheads clocking in full-time hours, even working on weekends as you illegally short-and-distort, you still can't drive the PPS down further in order to cover at a lower cost?
Stop referencing archaic tweets and come up with some new content, for starters. Or, is that all you have to work with because Ashley has been silent (by design)? If the derelicts here wouldn't have discouraged the CEO from engaging in discourse by excessive censorship, you might have more material to work with than ancient tweets.
Hence, why I challenged you mouth-breathers to invite him back here many months ago. Well, no one obliged, which is why this forum has become a wasteland of starving jackals looking for scraps, a destitute place only worth visiting every other month.
Thanks for your selfless and tireless service, LOL! The hero we needed; the hero we didn't deserve.
My, how philanthropic! I highly doubt that. Regardless, your warning has been officially received and will be ignored by me. Go in peace.
Wasn't talking to you. Your agenda is obvious.
OK, that helps. Thanks for the explanation. I'm not on any social media sites and typically rely on official PRs for stock updates; $CYAP hasn't released anything lately and I don't follow Zenith Energy. Based on the documentation provided, Zenith Energy intends to rename $CYAP's ticker symbol and will appoint a new Board of Directors reflecting its new ownership. They plan to utilize $CYAP for the purpose of acquiring energy production and development opportunities in the U.S. What do you think that means for the future of current $CYAP longs?
What's the correlation? Article doesn't mention $CYAP. Can you explain it to me like I'm 6-years-old?
The bid is rising. What's goin' on, y'all?
Very well said, TenKay. I sincerely appreciate the level-headed response and suddenly find that I'm more in agreement with you than previously assumed. I apologize for being presumptuous. $MULN has been under an extreme amount of selling pressure for countless reasons apart from naked shorting. DM has an immense level of accountability in where the PPS is presently at, as well as the circumstances surrounding the looming delistment. The Hardge nonsense, the absurd amount of dilution, the "performance" bonuses, the ambiguous PRs, the lack of production, the potential building of vehicles with Lego pieces from China, minimal revenue and profits... man, the list goes on. That's all stuff the pumpers here refuse to address, to their shame.
Just stopped by to see how shorts would spin the latest PR. Insufferable and predictable as always. So, conspiracies never happen? Obviously they do, unless you suffer from conspiracy denialism and also think that climate change isn't real. Can "naked" short selling (or FTDs) affect the PPS of stocks with amplified selling pressure, or just not the stocks that shorts have shorted?
Look what we have here... case in point. Prove otherwise. Say just one positive thing about your enemies and just one negative thing about your friends on this board. You can't do it. Instead, like a brood of vipers, you illegally short-and-distort while vehemently insulting those that reveal your agenda. Afterword, you straddle your high horse and accuse others of your own hypocrisies. Classic!