You're right. I had my eye on this one for weeks but I was hung up on that part of the plan. I kept thinking fractional shares when it's right there in black and white. It's shareholders. It was only after someone else pointed out the difference that it became crystal clear.

Good luck everyone.

I've had a bid in since Friday. I think I'll wait til we get volume on the .0002s then load the boat.

Has anyone here gotten .0001s in the past few days?

How many .0002s sold today?

Link?

What a mystery that is!

I'm keeping tabs on this one.

Great day! Tomorrow we should get rid of most of the 4's!

Should the info on this page be changed to reflect the new business? New peeps will wonder what's going on.

DOLV, churning through the .0003s today. Get in before we hit .0004s!

No dilution!

Share reduction!

New business!

This is not a mining stock anymore.

It's real estate!

Only 16M left on the ask!

We went through the .0002s quickly!

Hopefully a new name means a new ticker down the road! I'm trying to add more .0001s right now.

Got lucky yesterday and grabbed some .0001s!

Has anyone received a letter yet?

Thanks. I'll look into it.

Pacer shows notices for April 30 but they're not available for purchase.

The only thing we know is that there were 1214 sent out an so far here nobody has said they've gotten one.

Interesting.

For those interested these are the Class 4 Shareholders and the proposed Treatment:

Delmar Janovec-
80% ownership of preferred stock-
All old equity/membership interests shall be retired and extinguished and
receive no distribution or value.

Fractional Shareholders-
This class also includes all shareholders listed in the Debtor’s Schedule F-
All old equity/membership interests shall be retired and extinguished and
receive no distribution or value.

Douglas J. Horton-
Proof of Claim No.2 as a secured claim. Motion to be filed to modify claim to equity holder.
All old equity/membership interests shall be retired and extinguished and
receive no distribution or value.

The Class 4 interest holders are listed as:

Delmar Janovec, Fractional Shareholders, and Douglas Horton.

I have. The results that come up are about fractional shares.

In other BK docs that you've read are the terms common stockholders and fractional shareholders sometimes used interchangeably?

I can usually make sense of legalese. This give me pause.

I'm not convinced they're using the terms interchangeably. They refer to common stock in part of the filing but also fractional shareholders in another. What not just use the term common stockholders AND fractional shareholders if that's what they meant?

Yes, but who are the Class 4 interest holders?

From the amended disclosure:

4. Class(es) of Interest Holders

Interest holders are the parties who hold ownership interest (i.e., equity interest) in the Debtors.
If the debtor is a corporation, entities holding preferred or common stock in the debtor are interest holders.
If the debtor is a partnership, the interest holders include both general and limited partners. If the debtor
is an individual, the debtor is the interest holder. The following chart identifies the Plan’s treatment of the
class of interest holders:

Then it has a chart that only shows Delmar Janovec, Fractional Shareholders, and Douglas Horton.

I'm only fixated on what they mean by fractional shareholders. I don't know if that is supposed to be common shareholders or not.

In the amended disclosure the chart still only shows Delmar, Fractional Shareholders, and Douglas Horton as being effected.

Is that the one you're talking about? I'm not in this but I'm doing DD because it looks promising if common shares stay intact.

My post wasn't worded right.

I'm looking at the amended Chapter 11 plan filed on 4/29. The only shares that are set to be extinguished are for:

Delmar Janovec (80% ownership of preferred stock)

Fractional shareholders (This class also includes all shareholders listed in the Debtor’s Schedule F), and

Douglas J Horton (Proof of Claim No.2 as a secured claim. Motion to be filed to modify claim to equity holder).

I don't see anything about common shares. Or did I miss it?

Does anyone know what debtors are listed in Schedule F?

Same here. I can't figure it out.

Otcshortreport shows about 1/2 billion shares were shorted last week.

First "the source" was someone he sent information to for review. Now it's the company's attorney.

Thanks. I'll check it out.

One of the stickies said common shares remain intact. It has a link to docs on Pacer but I don't have a membership and can't download them. I'm seeing if I want to get into this.

That's still good enough for me to want to hold this.

That's the thing, they have a real product. At Costco no less. How many penny stocks can we say that about? I think I'll take a trip to my local Costco and see if they have any in stock.

That's the thing, they have a real product. At Costco no less. How many penny stocks can we say that about? I think I'll take a trip to my local Costco and see if they have any in stock.

Impatient retail? I've been in a lot of POS stocks that dilute - it took me a long time to learn my lesson - and the volume was always much higher than it is with this one. I'm staying in. I'm averaged in the low 20's right now.

This doesn't look like dilution to me. Anyone else agree?

Was it the $10K due April 16? That's pretty small. Jumped in today. Thought that one was done.

I think it's manipulation. I didn't see any notes due soon in the 10Q.

imo