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Eventually their will be a massive reverse split. Everybody looses.
Example: I had 1,715,000 shares of CMGR . It cost me .008 cents per share + my fees cost. So I spent in access of 13,720 +cost. They did a massive reversal of 20,000/1 in which case I now own 85 shares. The share price has now risen to .06 cents per share. at which I can not even think about selling it now with an average value of $5.10 -trade cost. Total loss.
Now granted in my many many years of trading I have made far more than I have lost. I'm only saying if you see a stock reversing on you YOU WILL LOSE- in most cases.
Think about it . No One's trying to trick anyone into selling their shares so the can buy them. If they want shares all they have to do is buy them JUST LIKE YOU DID. The company keeps adding more and more shares to the o/s and that is whats part of the reason this stock is not moving . as long as their is the demand for worthless shares at .0001 the market will keep selling and selling. then when it dries up. The company dumps more shares on and the process starts up again.
. common sense would tell you nobody is selling their shares for .0001 . Yet you can still buy at .0001 . now try selling at .0002 and you'll find YOU CAN'T. WHOO HOO so you bought more shares at .0001 you just cut another slash in your own skin. STOP BUYING AT .0001 Your only helping build a worthless demand and keeping the stock down.
Now this would be a dream come true . haha
We can only hope.
-----ARSC Go---------
With utx as our goal and role model ; What an incredible thought.
NO --- Their will not be a $2.00 pay out. Don't even start that dream It will never happen with DMGM in any way , Leo the scamper does not play that game.
It's a long shot - If the stock will ever see a sustained $2.00 even.
If it ever does it will be a 2 and drop (all gone) event.
Yes>> I hope for Arsc 's success also.
For the company ; A reverse split is Real Cool and very very advantageous. But> For the shareholder it's the pits.
NOW IF THEY USE THAT ADVANTAGE TO UPLIST TO A REAL EXCHANGE LIKE THE
NYSE NASDAQ ... Then they could grow their PPS quite considerably
No>>> You do not keep the same amount of shares You loose big time. However the overall value of the shares stays the same , right before it usually drops and it drops fast.
example: If you had 2000 shares before the reversal valued at .10cents per share ---
At a 10 to 1 reversal; You would have 200 shares
valued at ($1) dollar per share; then it usually start a fast drop back to the .10 and less.
I've been in more R/S than i care to think about.
In a reverse split; Usually the investor always LOOSES. And that's a fact.
Keep Hope Alive.
Peace
I've been in this business to long to Know better. Regardless to what they may say at this time. I KNOW BETTER. It's only a matter of when.
That would be a viable scenario, However with the o/s and the a/s so high ; it is highly unlikely tho not impossible. More like 10,000/1 on the high side / 1000/1 on the Average and 100 to 1 on the lowest probability.
yes they will> But if they have not cut off the point of the spin off date to include shares by now ; we can all hang it up ; because at this pt if they haven't it's a scam out and out. end of story.
Remember; they paid less than nothing for theirs mostly .00007 to None ; In some cases it was given for services. They will be rewarded as their massive holdings now become worth value with the reversal.
ARSC: [fwit] - Here is a tip; If you want to move a stock you have to Stop putting in orders under .01 . If you can not afford to put in a small order above .01 than Don't put in any order at all. So long as their is a demand for .0001 a company will continue to dilute and fill Small Useless Orders- Until their to large to sustain their own weight.. Then they WILL do a Massive Reverse Split (example:CMGR> DID A 20,000 TO 1 At which time; EVERYBODY LOOSES-- Small orders above .01 will force the move. Don't worry about being greedy , What you will do with .0001 orders is cut your own throats. If their is no demand , or to small of a demand they will have to move the marker up.
imo
If Arsc has anything to do with Leo of DMGM it's bad news, As I know for a fact Leo is a Professional Scam-mer; and will lie on the phone with a calm voice. This is not hear say it is first hand experienced and known FACT. Not just lie but bold face lies, however he keeps it just borderline legal.
I totally agree. I had the same experience with him . He Lies a lot with a straight face.
Actually I'm surprised .I expected this to run up to at least 1.50 .. I still think it has a small chance of some life left in it. I still think it will run back up to at least a 1.00 or more .. For the good investors I hope so. So they can get from under the rug. Best wishes
I warned everyone from day one. Now new bag-holders are born every day. sad
Bloom (As in the BloomBox) is a private company; but If some people think they got where they are without Powerful friends than they know little about business.
The thing is; IF this is the real deal; Many of the Investors have avenues that can help the company get to first base Both Political as well as through Professional Marketing Associations. With that said; This company may have many friends that they do not yet know exist.
About the Middle to End of September ;to the First part of Oct. Max If everything's legit, Then you can bank on it.
No it;(The Float) will not be a big deal for long. All the Home Depot's and the Best Buys , Electronic stores as well as hardware stores will be selling the 500watt to One kilowatt backup units for your TVs and Computers. I have spoken to many of my managerial, and retail outlet friends who say, Quote: Let us know when and where we can actually get them in our stock. If they have a product that is verifiable and accessible > This thing has no limit.
You may not know this; but> A lot of the Canadian stocks, and many stocks on the NYSE ///The market makers will not accept bids less than a penny. Since this stock is just sitting anyway for NOW . It would be a nice thing if they (the MM's) just Refused to accept sub penny stock bids and Just let it sit for now. That would be best for all concerned.
and people STOP PUTTING SUB PENNY BIDS IN , EVEN IF YOU CAN ONLY PUT IN SMALL BIDS You'll find you come out ahead in the long run. I'v been their; its a hard decision that you need to discover.
To those Long Timers; (Not speaking to the Short Timers/Nor the Newbies at this time)Those who follow and or know me>From other Sites ; Not Investorshub . You know I would not sugar cote or lie; and will call a pig a pig or a winner a winner. Take this to heart. --- Stay the course ARSC will prevail in our case.
Hang in there. Sometime between now, and the end of September will be our day. Even if it happens to be the 30Th day of September. late September will be our mt. Stay the course and watch for it.
Just got into the office today. Had some business to take care of all day. Anything good going on in here. Only good remarks; this wk. Please... This is the time to be positive. September is our month. Go ARSC
GOOD --- POST
Buy buy buy ; just be ready to jump out .
I'm not buying because I'm already stuck with shares from the 10,000 to 1 past reversal. but since your not burdened with a lot of dead weight then Buy and make some quick money.
They will probably milk this a little more first. It should float up to about 40 to 60 before the big pull back . However seeing how sweet a tricksters they have here it would not surprise me to see them let this float all the way up to 1.25 or so before the big reality check.
who knows but what is a fact is They will screw everyone the first chance that look like it's a good exit pt for them.
Think----- I owned the stoke before the 10,000 to 1 reversal that is why i own stock still (which by the way is to low to sell. so I'm stuck with.)
Their is a huge difference between a runner and a Known Scam. But I digress; I'm not attempting to change your mind . My objective is to Warn New Innocent investors from loosing their hard earned savings. The hard heads and those set in their ways are not my focus of interest.
And that can't be right as I own more than that . Nothing you see on this stock can be believed. I don't know how they do it, but nothing reported about this stock can be believed . What I do know is it Is a Known SCAM.
WARNING /DANGER / EXTREME CAUSION--- This is a known Scam . Yes it will run and it will fall quickly.
the CEO is a nice talking Elderly scammer who knows how to scam just below the legal line not to get tripped up in his game. Beware ;;; Get in and out as it runs as fast as you get in or you will lose everything. It may run up to 2.00 but that's highly questionable .And if it does its still part of their plan right before another 10,000 to 1 dump. The market makers are not part of the game. They have their own RIP off game plan . The owner and his wife are the major orchestrator's of this game and they definitely do not have your interest at heart. Make Money but be alert and very carefully .
With out question THIS IS A just BEARLY LEGAL SCAM.
Stay away from dmgm . it's a known scam-- yes it will do a run then drop . I would not trust that 2.00 so called deal either. if you use it get you money in and get out just as fast . as many times as you can . That is the only way you will survive any investment with them. They are a known Scam.
But don't get me wrong; If it turns out to be true that they retained Western - I'm all the way positive and 100% in their camp.
NO that is not correct
Because after a MAJOR reverse, That will leave them with a sizable controlling interest. And they can still sell at .0001 and make a sizable profit after the price crashes for the original . Being that most of their buys were at .00007 and if it doesn't crash they still sell at a Hanson profit. So it's a win win situation for them.
You can bank on it.
Oops! I meant to say ; They're a Good Marketing Firm.