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It is share structure. Debentures & dilution... look it up. No one associated with the "company" owns more than 5% of the float and they are all paid in stock if that tells you anything.
When we close above .06 for a few days the fun will begin.
And they are still trying lol.
Love the company update! Todd is doing things the right way, time to hammer the CBD industry.
Good luck!
Good luck!
Good day for the MJ vending sector.
Sector looks to be lighting up.
Judging from the T trades that was most likely a note-holder or debenture.
GLTA
11 million O/S Intel getting 4.9 million, that seems the put them at around 40% owners of VUZI.
Technically this means my baby (EDXC) (lol) has an indirect partnership with intel!!!
I have to admit I thought this company was a little too good to be true when I first saw that these guys were working with endexx but intel does not play games!
Wow, I bet that huge tax seller is feeling like a giant putz right about now, just goes to show you how much amatures there are in OTC.
Up to 70% returns for those like SJ who picked up shares in the .03's.
This sector is just heating up.
Thanks for the chart Osprey!
I concur; when we punch through .06 and get that support back it is on like donkey kong.
Sorry for the congested post guys, I only get one a day.
I am excited how the cannabis sector pans out for this company, more interestingly their joint venture with endexx EDXC.
The investment from intel will really give them some... walking around money lol.
Vuzix Corporation Receives $24.8 Million Investment From Intel Corporation
Don't forget about our quiet partnership with VUZI, looks like Intel just put their bank behind VUZI. It seems as if Todd chose another high quality, real, partner. I am excited to think about people running around grow houses with the Endexx/VUZI glasses checking plants and ensuring compliance. The VUZI glasses can scan a bar code by just reading them imagine how much quicker, safer, more efficient, and unique they can make our seed to sale tracking system!
http://www.stockhouse.com/news/press-releases/2014/11/05/endexx-to-develop-smart-glasses-based-compliance-solutions-for-the-cannabis
Sector bounce today...
Most definitely! Endexx getting stuff done behind the scenes as always IMO unlike competition who puts out half-baked copycat PR's of what we are actually doing.
Load the boat so management can load the float! What is it now... $4 billion?
This is a trade for the sector run and nothing more! If it moves to your break even point as a lot are down on their investment here GTFO!
Lol I think the point is that any individual here cannot find a successful company with a 4 billion share count before it uplists simply because it doesn't exist.
It is the same company.... sigh. Same ticker. Just a different name.
NEW DD WITH LINKS, MUST READ >>> SHAREHOLDER INFO
This ticker under than name "Desert Winds Entertainment Corp"
Government documents show that Desert Winds was charged with announcing a $25m deal with Warner Bros. when "no such contract existed." It's suspected that numerous insiders sold shares of Desert Winds when the stock rose based on the news of the Warner Bros. deal, and the SEC cracked down on Paloma and another Desert Winds associate Matthew Bardasian.
SEC INDICTED
http://www.theregister.co.uk/Print/2004/09/27/sunncomm_death_or_glorry/
This ticker under the name "SunnComm" sold an XPC named MediaMax that was actually found to be spyware.
"For Jacobs, SunnComm's major mission was to transform into a clean, smooth-running business. He wanted to clear the company's name with the SEC and move from the so-called "pink sheets" to getting listed on a national trading market such as the Nasdaq." - Haven't we heard that before lmfao.
"This firm's past goes back to the 1920s, when it started operations as an oil and gas exploration concern. The company stumbled along all the way until 2001 when it sold off all of its oil and gas assets for a mere $75,777 and acquired of all things a 3.5 inch floppy disk manufacturing firm. Fan Energy valued its disk manufacturing assets at $3.8m, although it never actually produced a disk and the equipment currently sits unused in a warehouse, according to SEC filings. This outcome isn't terribly surprising if you think back to the status of the floppy disk market in 2001. The technology had already been rapidly replaced by smaller disks and was facing CDs as the medium of choice for most PCs.
In a deal best described as unorthodox, Fan Energy agreed to acquire SunnComm's Project 1000 DRM technology for 23.8m shares of its stock. As it turns out, that gave Project 1000 - then a SunnComm subsidiary - the majority ownership (53 percent) of Fan Energy - the very company meant to be acquiring Project 1000. At this point, Fan Energy changes its name to Quiet Tiger and enters the DRM market.
There is where the shareholders get real angry, and things become rather complex."
"A complaint allegedly sent to the SEC charges that Fan Energy/Quiet Tiger misrepresented the value of its assets - the $3.8m in floppy disk gear. There's no record that a single disk was ever produced, although Fan Energy does appear to have done one deal as a type of floppy disk reseller, generating only $4,000."
""It is without doubt that Fan Energy (now Quiet Tiger) had no serious business plan to manufacture floppy disks and the equipment was acquired for no other reason than to place an asset in their balance sheet that they could use to bolster the value of the company by misrepresenting its true value," the complaint states. "Additionally, SunnComm fortified the deception by stating they were committing to using 50 percent of the capacity and in turn caused its own shareholders to be deceived in regards to the true intrinsic value of the shares they were to receive as a property dividend."
Fan Energy's description of its floppy disk business is certainly questionable. In various filings, the company suggests that it could be a major player in a multi-billion dollar market and churn out as many as 6m disks per month. Given that the company never actually produced a single disk and that it admits at times to having no employees, it seems the investors have a point about Fan Energy not being a serious floppy disk contender.
Jacobs, however, insists that Fan Energy was intent on being a real technology company and was just searching for its niche. As soon as SunnComm/Project 1000 took control of Fan Energy, it wrote down the $3.8m in floppy disk assets to just $100,000."
"In 2000, it announced a $20m agreement to provide a Taiwanese CD-maker called Will-Shown with its DRM technology. Here, the disgruntled types charge that SunnComm made the arrangement sound like a done deal - a move that inflated SunnComm's value in the public eye. SunnComm, despite having almost no revenue, would later pull out of the lucrative contract, saying it wanted to focus on the "domestic market" first before expanding overseas - a rationale that doesn't sit well with its critics."
"Another deal that has some concerned was a licensing arrangement between SunnComm and Dstage. The press release for this deal reads, "SunnComm, Inc. (OTC:SUNX), a leader in digital content security for optical media, today announced that it has licensed its Proprietary Copy Management Technology to Dstage.com, Inc. (OTCBB:DSTG) for a one-time fee of $4,000,000."
This statement makes the $4m sound like a cash pay out, but, in actual fact, SunnComm received shares of Dstage - a low volume, penny stock. SunnComm would later reveal this in another statement.
While SunnComm seems to have a dubious flair for aggressive language in its press releases, this deal again checks out with Jacobs' overall strategy of returning value to SunnComm shareholders. They received a piece of Dstage as a dividend - small dividend as it may be."
"To this day, Jacobs believes that that vast majority of large SunnComm shareholders have only benefitted from his actions, unorthodox as they might seem. He accused the angry mob of Internet posters as trying to short SunnComm's stock and take the company down for any number of reasons."
"In November 2005, the Attorney General’s Consumer Protection Division brought the first lawsuit ever filed under the Texas Consumer Protection Spyware Act after learning that so-called XCP and MediaMax technologies violated Texas' consumer protection laws. Further investigation revealed that the software embedded on some Sony BMG CDs could damage consumers’ computers and create security vulnerabilities. The State’s lawsuit also claimed that Sony BMG violated the Deceptive Trade Practices Act."
https://www.texasattorneygeneral.gov/oagnews/release.php?id=1889
SPYWARE LAWSUIT
http://www.theregister.co.uk/Print/2004/09/27/sunncomm_death_or_glorry/
https://www.techdirt.com/articles/20040927/1454242.shtml
I have yet to find one lol. Can you?
ERBB - here is an example of a successful company with a 15 billion market cap... that is what ERBB would have if it ever uplisted without a r/s (which will not happen, ever.).
http://www.forbes.com/companies/firstenergy/financial/FE/
Company has 14 billion in sales.
15,000 employeees.
How at all is that possible for AG? Short answer a decade of work and a couple massive reverse splits.
Shareholders need to stop buying into the web stephen and company are spinning.
With this share count, the company would have to have a market cap of $15 billion just to uplist. Here is an example of a big board stock with about a $15 billion dollar market cap:
http://www.forbes.com/companies/firstenergy/financial/FE/
They have 15,000 employees and $14 billion dollars in sales.
This is not realistic for AG to do. They WILL reverse split. Then it will still take a decade.
Thats a good observation. They purchased fake followers most likely.
Instagram owned by facebook recently underwent a fake profile purge. They deleted a huge amount of fake profiles people were using to "fake like". Certain celebrities and companies were buying these fake likes.
http://nymag.com/thecut/2014/12/insta-purge-is-turning-us-into-mean-girls.html
It appears these idiots at AG bought fake likes, they got purged, and now they have less lmfao.
All the "steps" in the world don't rule out the shrewd logic that with this share count this company would need to maintain a valuation of 15 billion for 60 days before the uplist.
There are legitimate companies with tens of millions in revenue that do not have a share count that huge!
This "company" will reverse split. They will not maintain a market cap of 15 billion and PPS of $3 for 60 days without a massive reverse split. In fact, they couldn't do it even with 1000 machines placed lmfao.
It will reverse split or fail or both. Mark this post.
ERBB SHAREHOLDER INFORMATION >>>>> MUST READ
This ticker under than name "Desert Winds Entertainment Corp"
Government documents show that Desert Winds was charged with announcing a $25m deal with Warner Bros. when "no such contract existed." It's suspected that numerous insiders sold shares of Desert Winds when the stock rose based on the news of the Warner Bros. deal, and the SEC cracked down on Paloma and another Desert Winds associate Matthew Bardasian.
SEC INDICTED
http://www.theregister.co.uk/Print/2004/09/27/sunncomm_death_or_glorry/
This ticker under the name "SunnComm" sold an XPC named MediaMax that was actually found to be spyware.
"For Jacobs, SunnComm's major mission was to transform into a clean, smooth-running business. He wanted to clear the company's name with the SEC and move from the so-called "pink sheets" to getting listed on a national trading market such as the Nasdaq." - Haven't we heard that before lmfao.
"This firm's past goes back to the 1920s, when it started operations as an oil and gas exploration concern. The company stumbled along all the way until 2001 when it sold off all of its oil and gas assets for a mere $75,777 and acquired of all things a 3.5 inch floppy disk manufacturing firm. Fan Energy valued its disk manufacturing assets at $3.8m, although it never actually produced a disk and the equipment currently sits unused in a warehouse, according to SEC filings. This outcome isn't terribly surprising if you think back to the status of the floppy disk market in 2001. The technology had already been rapidly replaced by smaller disks and was facing CDs as the medium of choice for most PCs.
In a deal best described as unorthodox, Fan Energy agreed to acquire SunnComm's Project 1000 DRM technology for 23.8m shares of its stock. As it turns out, that gave Project 1000 - then a SunnComm subsidiary - the majority ownership (53 percent) of Fan Energy - the very company meant to be acquiring Project 1000. At this point, Fan Energy changes its name to Quiet Tiger and enters the DRM market.
There is where the shareholders get real angry, and things become rather complex."
"A complaint allegedly sent to the SEC charges that Fan Energy/Quiet Tiger misrepresented the value of its assets - the $3.8m in floppy disk gear. There's no record that a single disk was ever produced, although Fan Energy does appear to have done one deal as a type of floppy disk reseller, generating only $4,000."
""It is without doubt that Fan Energy (now Quiet Tiger) had no serious business plan to manufacture floppy disks and the equipment was acquired for no other reason than to place an asset in their balance sheet that they could use to bolster the value of the company by misrepresenting its true value," the complaint states. "Additionally, SunnComm fortified the deception by stating they were committing to using 50 percent of the capacity and in turn caused its own shareholders to be deceived in regards to the true intrinsic value of the shares they were to receive as a property dividend."
Fan Energy's description of its floppy disk business is certainly questionable. In various filings, the company suggests that it could be a major player in a multi-billion dollar market and churn out as many as 6m disks per month. Given that the company never actually produced a single disk and that it admits at times to having no employees, it seems the investors have a point about Fan Energy not being a serious floppy disk contender.
Jacobs, however, insists that Fan Energy was intent on being a real technology company and was just searching for its niche. As soon as SunnComm/Project 1000 took control of Fan Energy, it wrote down the $3.8m in floppy disk assets to just $100,000."
"In 2000, it announced a $20m agreement to provide a Taiwanese CD-maker called Will-Shown with its DRM technology. Here, the disgruntled types charge that SunnComm made the arrangement sound like a done deal - a move that inflated SunnComm's value in the public eye. SunnComm, despite having almost no revenue, would later pull out of the lucrative contract, saying it wanted to focus on the "domestic market" first before expanding overseas - a rationale that doesn't sit well with its critics."
"Another deal that has some concerned was a licensing arrangement between SunnComm and Dstage. The press release for this deal reads, "SunnComm, Inc. (OTC:SUNX), a leader in digital content security for optical media, today announced that it has licensed its Proprietary Copy Management Technology to Dstage.com, Inc. (OTCBB:DSTG) for a one-time fee of $4,000,000."
This statement makes the $4m sound like a cash pay out, but, in actual fact, SunnComm received shares of Dstage - a low volume, penny stock. SunnComm would later reveal this in another statement.
While SunnComm seems to have a dubious flair for aggressive language in its press releases, this deal again checks out with Jacobs' overall strategy of returning value to SunnComm shareholders. They received a piece of Dstage as a dividend - small dividend as it may be."
"To this day, Jacobs believes that that vast majority of large SunnComm shareholders have only benefitted from his actions, unorthodox as they might seem. He accused the angry mob of Internet posters as trying to short SunnComm's stock and take the company down for any number of reasons."
"In November 2005, the Attorney General’s Consumer Protection Division brought the first lawsuit ever filed under the Texas Consumer Protection Spyware Act after learning that so-called XCP and MediaMax technologies violated Texas' consumer protection laws. Further investigation revealed that the software embedded on some Sony BMG CDs could damage consumers’ computers and create security vulnerabilities. The State’s lawsuit also claimed that Sony BMG violated the Deceptive Trade Practices Act."
https://www.texasattorneygeneral.gov/oagnews/release.php?id=1889
SPYWARE LAWSUIT
http://www.theregister.co.uk/Print/2004/09/27/sunncomm_death_or_glorry/
https://www.techdirt.com/articles/20040927/1454242.shtml
He's right, except the dilution will strip the faux shares of their value. Your number will stay the same though. Lol.
This ticker will never uplist without a reverse split. It will never have a market cap of 15 billion BEFORE uplist.
Please explain how this ticker will have a market cap of 15 billion before it uplists this year.
Would love to hear that explanation because with current share count and a $3.00 minimum that is that math.
Its not in the cards either this company reverse splits or fails or most likely both.
People claim this company won't get a reverse split but the bottom line is a company with this share count has NEVER been able to uplist without a reverse split first.
If this company wanted to uplist without a reverse split, with current share count, it would need to have a market cap of 1.5 billion and maintain that for 60 days or something.
Do any of you really think this company will trade up to $3.00 with current share count, and maintain a market value of 1.5 billion for a couple months BEFORE it uplists?!?!?
No stock with this share count has ever uplisted. Reverse split or death before 2016 you can bet on that!
Money doesn't get made off of goodwill toward an evil entity. Take your money now and start your own hemp business you can do everything these idiots are doing. That's the realest thing you'll ever read on these boards.
Can the board list one example, even a unicorn, that had 4 billion shares prior to uplisting and successfully did so?
The answer is no. Because its never happened. This ticker will either fail or undergo a massive reverse split.
A company with a share count like ERBB's has never uplisted to the big boards. There is always a massive reverse split or a company failure.
This is a fact, look it up. There are companies with ERBBS share count but it is due to many forward splits after they have uplisted or IPO'd on the big boards. Simple fact.
SOUNDS LIKE A COMPANY YOU CANNOT TRUST
This ticker under than name "Desert Winds Entertainment Corp"
Government documents show that Desert Winds was charged with announcing a $25m deal with Warner Bros. when "no such contract existed." It's suspected that numerous insiders sold shares of Desert Winds when the stock rose based on the news of the Warner Bros. deal, and the SEC cracked down on Paloma and another Desert Winds associate Matthew Bardasian.
SEC INDICTED
http://www.theregister.co.uk/Print/2004/09/27/sunncomm_death_or_glorry/
This ticker under the name "SunnComm" sold an XPC named MediaMax that was actually found to be spyware.
"For Jacobs, SunnComm's major mission was to transform into a clean, smooth-running business. He wanted to clear the company's name with the SEC and move from the so-called "pink sheets" to getting listed on a national trading market such as the Nasdaq." - Haven't we heard that before lmfao.
"This firm's past goes back to the 1920s, when it started operations as an oil and gas exploration concern. The company stumbled along all the way until 2001 when it sold off all of its oil and gas assets for a mere $75,777 and acquired of all things a 3.5 inch floppy disk manufacturing firm. Fan Energy valued its disk manufacturing assets at $3.8m, although it never actually produced a disk and the equipment currently sits unused in a warehouse, according to SEC filings. This outcome isn't terribly surprising if you think back to the status of the floppy disk market in 2001. The technology had already been rapidly replaced by smaller disks and was facing CDs as the medium of choice for most PCs.
In a deal best described as unorthodox, Fan Energy agreed to acquire SunnComm's Project 1000 DRM technology for 23.8m shares of its stock. As it turns out, that gave Project 1000 - then a SunnComm subsidiary - the majority ownership (53 percent) of Fan Energy - the very company meant to be acquiring Project 1000. At this point, Fan Energy changes its name to Quiet Tiger and enters the DRM market.
There is where the shareholders get real angry, and things become rather complex."
"A complaint allegedly sent to the SEC charges that Fan Energy/Quiet Tiger misrepresented the value of its assets - the $3.8m in floppy disk gear. There's no record that a single disk was ever produced, although Fan Energy does appear to have done one deal as a type of floppy disk reseller, generating only $4,000."
""It is without doubt that Fan Energy (now Quiet Tiger) had no serious business plan to manufacture floppy disks and the equipment was acquired for no other reason than to place an asset in their balance sheet that they could use to bolster the value of the company by misrepresenting its true value," the complaint states. "Additionally, SunnComm fortified the deception by stating they were committing to using 50 percent of the capacity and in turn caused its own shareholders to be deceived in regards to the true intrinsic value of the shares they were to receive as a property dividend."
Fan Energy's description of its floppy disk business is certainly questionable. In various filings, the company suggests that it could be a major player in a multi-billion dollar market and churn out as many as 6m disks per month. Given that the company never actually produced a single disk and that it admits at times to having no employees, it seems the investors have a point about Fan Energy not being a serious floppy disk contender.
Jacobs, however, insists that Fan Energy was intent on being a real technology company and was just searching for its niche. As soon as SunnComm/Project 1000 took control of Fan Energy, it wrote down the $3.8m in floppy disk assets to just $100,000."
"In 2000, it announced a $20m agreement to provide a Taiwanese CD-maker called Will-Shown with its DRM technology. Here, the disgruntled types charge that SunnComm made the arrangement sound like a done deal - a move that inflated SunnComm's value in the public eye. SunnComm, despite having almost no revenue, would later pull out of the lucrative contract, saying it wanted to focus on the "domestic market" first before expanding overseas - a rationale that doesn't sit well with its critics."
"Another deal that has some concerned was a licensing arrangement between SunnComm and Dstage. The press release for this deal reads, "SunnComm, Inc. (OTC:SUNX), a leader in digital content security for optical media, today announced that it has licensed its Proprietary Copy Management Technology to Dstage.com, Inc. (OTCBB:DSTG) for a one-time fee of $4,000,000."
This statement makes the $4m sound like a cash pay out, but, in actual fact, SunnComm received shares of Dstage - a low volume, penny stock. SunnComm would later reveal this in another statement.
While SunnComm seems to have a dubious flair for aggressive language in its press releases, this deal again checks out with Jacobs' overall strategy of returning value to SunnComm shareholders. They received a piece of Dstage as a dividend - small dividend as it may be."
"To this day, Jacobs believes that that vast majority of large SunnComm shareholders have only benefitted from his actions, unorthodox as they might seem. He accused the angry mob of Internet posters as trying to short SunnComm's stock and take the company down for any number of reasons."
"In November 2005, the Attorney General’s Consumer Protection Division brought the first lawsuit ever filed under the Texas Consumer Protection Spyware Act after learning that so-called XCP and MediaMax technologies violated Texas' consumer protection laws. Further investigation revealed that the software embedded on some Sony BMG CDs could damage consumers’ computers and create security vulnerabilities. The State’s lawsuit also claimed that Sony BMG violated the Deceptive Trade Practices Act."
https://www.texasattorneygeneral.gov/oagnews/release.php?id=1889
SPYWARE LAWSUIT
http://www.theregister.co.uk/Print/2004/09/27/sunncomm_death_or_glorry/
https://www.techdirt.com/articles/20040927/1454242.shtml
OTC is all about the float. And stocks it 4 billion shares never uplist. In fact I know of NO company that had 4 billion shares and successfully uplisted without a massive reverse split. Some companies have 4 billion and more shares, but they have gotten those share counts through forward splits due to huge success. Not reverse splits to sell shares. There is a huge difference.
Same people have owned and been in control of this shell for over a decade. They have had a decade to explore the entertainment business, software business, sports products, and now they are "trying" with pot.
Over a decade huge claims have been made about all of these industries, shares were sold, and then claims were redacted. Lawsuits were filed. Literal SEC indictments.
Nobody owns over 5% because the revolving door figure heads like shearin sell the shares as soon as they get them because that is the only way to make money with this ticker, sell shares.
This "start-up" has sold TENS of MILLIONS of dollars of shares over past decade+ and has never been net positive for shareholders!!!!
What a joke of a company.
A term describing how comical ERBB's pump attempts are. The only reason this thing ever hit a dime was bc The Wolf was in his limelight of pumping this in the best season for this sector historically. All the starts aligned. This ticker won't see a dime again until a reverse split.
It's been a start-up for literally over a decade. Will they find something to make shareholders money?! I don't think so. Just sell shares. Thats all they have done for the past decade, thats all they will continue to do.
Keep buying there BS, until theres no more shares to sell.
What does that have to do with ERBB paying management in shares, but no member of management owning more than 5% of the company?!?
LMFAO.
Internet users can post what they want but links and publications don't lie.
This company has been scamming people for longer than a decade lol.
The company detailed, is the ticker ERBB. The ticker has not been sold since these events happened. The same people are pulling the strings.
Lol.
This company has plenty of noteholders and bagholders glad to dump at that PPS IMO. Take what you can before the whole pig implodes.
ERBB NO COMPANY MANAGEMENT OR OFFICERS OWN MORE THAN 5% OF THE COMPANY
Considering literally everyone at the company is paid in stock, it makes me wonder how "confident" they are in the share price if nobody owns more than 5% and the literally get paid in stock.
Just some food for thought, that infers its being sold before it stacks up.
If its being sold we can infer those who sell it think its a "fair" price.
So why doesn't management put there money where there mouth is?