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Nonsense!!!! The boys at the trust take care of all of that. By the way the legal opinion is $200.00, but that's a complete falsehood, that's what these guys do.......
Hey nice guy, I like nice guys, but we ain't making any dough until they get rid of the gangrene......it's foul, it's stinky, its DEBT!!! No magic carpet ride here yet, but at least the Vice Squad is here.
Hey at least with hokie, there are laughs....the others make me want to eat bananas!!
Hey jc, we are not paid 5 rupees a post, we are a volunteer army!!
I try not to read anything into you alias.....probably a wise idea not to read into company names!!!
I won't need luck with the preferred. I am sorry but gauging by the interest for those shares, they agree with me as well. Good luck to you playing bingo or the slots with these penny stocks. I dont day trade these stocks!!!
I don't think that matters, the only thing that matters is what they are doing for the company and for the stock holders. The only people that would care are the stock promoters and newsletter writers who just lost a client. Watch what happens here boys, there are 30 to 40 more here those 2 came from. These stinky pinkies and QB's have had enough of the debt, the fraud, the illegal 504's......change is coming. Believe me there are 30 to 40 more companies already in negotiation with the trust to start the changes
It's too bad that you are so concerned about a gmail account for company correspondence, which I might add is perfectly fine before a company moves up, but you seem to less concerned about the fraud in stock promotions, newsletter writers and the like. Now that's unbelievable!
It's not going to cost $400 to convert that's nonsense. Don't believe the garbage you hear in these boards. It won't cost you anything, outside of the mail to get your preferred into common and then when you deposit, there is no cost when you deposit with Alpine Securities.
You are incorrect here. The TRUST will not allow her to convert any more debt, without all securities going through a REGISTRATION STATEMENT, that's how they work. The debt has come down incredibly, but the balance will never be converted, I spoke to her, she told that me that
debt belongs to people that have already made their money back in the markets, it will be retired for Preferred Stock.
Willieb you know what I am referring to, look everybody knows what we are referring to.....that's ok, consulting for companies is perfectly fine, but you have to remember these companies can't afford to pay cash for phantom services, the cash is better left for the balance sheets. As far as ARNH is concerned, the turnaround has started, and clearly, if you are OBJECTIVE, all you have to do is compare the last Q to this Q. Talking about further dilution, when the TRUST has outlawed it, outside of a REGISTRATION STATEMENT, is really premature, don't you think, chaps!!
Ben, Ben Ben, tell you what my friend, ARNH posted DEBTS in the last Q of over $700,000, now that figure is $100,000k. If you read the PR some time ago, it was said, " ARNH WILL CEASE PROVIDING ISSUANCE RESOLUTIONS FOR THE FURTHER CONVERSIONS OF DEBT!! meaning that the current debt will likely be retired for Convertible Preferred Stock. This Q is a HUGE IMPROVEMENT FROM THE LAST Q. Not even close, I presume by the next Q, you will see their cash, and their income producing assets start to have some impact...... My my my......some of us really do wish for her failure. That really is too bad!
Also do u think companies stand still, give me a break, always looking for the clouds never for the silver lining. These guys are not going to solve all that ails the company in one Q, but they got rid of a ton of debt and put assets on the balance sheet. They will likely address the lack of cash in the next Q and the need for more assets, but this is a HUGE HUGE IMPROVEMENT!!! Only an idiot could not see that in comparison to their last Q, shall we put both SIDE BY SIDE, so you can read!
What makes you an expert on where they generate their revenue source, the important thing here is that they got rid of a ton of debt....that's a huge improvement. There will be much more improvements in the Q's to come......HUGE IMPROVEMENT THERE!!!
Did not stop you from asking for $10,000 and a bunch of free trading stock which Kathy turned down.
Obviously once again, you skew everything in a non objective manner. This is a huge improvement from last quarter, where there as over 700 k in debt now it's dropped significantly, and that's just this quarter, there is more to follow from these guys. I am so sorry you can't see that, but that does not surprise me, promoters don't usually pick up those things!
You are so funny!!! Lol
Stock promoters use alpine and for the amount of shares we are getting, my friend, the fees are negligible.
If you mailed your stuff in to corporate, the shares will be mailed out before the 27th.....lets everyone take a deep breathe....the boys her are on it!!! That's what digi is here for....he ain't no cheerleader!!
Well I presume your current shares, you are under water with, because the price is probably nowhere where you bought it. Here's the rub, we are the bag holder from the last bag holder, which unfortunately makes us an investor. The guy that sold you this stink piece of vermin, is a day trader, because he sold it to you at a higher price than he bought it, thus perpetuating the cycle of grief. So the TRUST is saying, enough already. We are not going to leave bag holders, we are going to issue you these anti dilutive preferred shares to protect us bag holders from our own stupidity. The shares we currently own we can sell it, or hold it for the college fund......notice that was a joke!!! Those shares will never be worth anything under the current market conditions. The company has to change, the cap structure has to change, and the float has to change. Anyone who does not like that, is the bag holder that sells stock to other bag holders, and calls it the MARKET!!!!! Somebody call the SEC, because they want to get rid of that in MICRO CAP STOCKS
I will give you the SEC's phone number, and while you are at it, lets include your class action lawsuit against all the stock promoters, newsletter writers, habitual debt converters and anonymous posters from parts unknown who perpetuate the noxious trading in these companies. Obviously you never visit the SEC enforcement's page on their site, www.sec.gov. I guess someone forgot to tell you, that playing BINGO in the open markets is your problem. They have expressly told people need to buy Shares.....you might be surprised who posts on site!
These guys are chop liver digi, they are actually like salmon running upstream. Bear bait!! Here's the rub, they actually are going against the SEC, they want promo, they don't advocate registrations with the SEC, and they want BAG holders, just not them holding the bag. These penny slot players, and I counted myself one of them, live off the next pump, the next dump!! Well we are starting to get educated here, we are not going to denied by some people sitting behind a desk in a foreign country posting 30 times a day. Those days are gone, I would not surprise me if the SEC posts here as well looking for stock promoters and newsletter hounds. Selling names, is big business and getting people to buy stock is not what these are about. Every CC I have been on, they expressly do not want people to buy stock!!! Very clear on that!!
It's coming, the guy there I mailing them out all at once to everyone after the 20th
Here's the rub, nobody cares what anyone believes....you either get on the bus or you get left behind.....lol!! And that's all there is to it, no other choices, really!! The funny thing is they don't need to engage anyone, it will simply get done, you are either in or out......if you are outside looking in, you are SOL!!
I does not matter what anyone's opinion is, the changes are getting made, either you are on board or you reversed into oblivion, those are the options! Lol. It's not like anyone here has anything different to add. The mess has been made, the debt is on the balance sheet, it will be removed, and the anti dilutive convertibles are the only option. It's not like anyone has a choice!
But you still have preferred shares....good for you!! Many of us here need to separate the consultants from the investors from among us, now that's real transparency.
Hey millertime, I got yours too.....
Here is the problem, my friend every individual outside of your group knows how to read a balance sheet. It has unfortunately escaped you. The Q was very good, and it's the standard for these companies. Cash, why don't you show us a stellar QB company. I am still waiting, hopefully it's not like finding a needle in a haystack. Please find us one, please!!! We have been waiting for the shining example of a Q from a reporting BB company, what we got from the gang was NVIV, a company with 26 million in derivative debt. Please direct us, I am new here, as a CA, and would like to learn from the novices here how to read a balance sheet.
Thanks digi, I am learning from these guys. Here is what I think, just based on talking to those guys, and I talk with Mr Ahmed a lot, these guys are not stupid, and very knowledgeable about SEC law. I am telling you guys, it would surprise me if those guys are looking for the stock promoters, and newsletter writers.....possibly to expose them to the SEC. After all go the www.sec.gov, their enforcement page, the only people getting charged are stock promoters, pumpers and people who illegally register stock. Would not surprise me in the least if one of those guys is connected....if you know what I mean!
Yes the consent actions for the release if more stock won't happen, without registration. The trust won't allow the companies to do future issuance resolutions without registration.
By the way, in case you did not notice, the exit plan is REGISTRATION!!!!
I actually did not see either, but you are correct, that as weird!
To answer your question, they are registering a minimum of 1 share for everyone at a new price, that one share converts into 100,000 common shares, they are mechanisms built into conversion process to eliminate people's ability to convert willynilly!!! The company has to arrange an issuance resolution, so in a normal registration statement for example 200 shareholders with 100,000 shares a piece only creates 20 million shares that become freely traded at higher prices. That's very negligible dilution. Without registration, the securities require issuance resolutions, so it works for everyone, those shares can't come out into the market, without those consent actions.
The problem with what you see is that it's not objective. Of course they are connected, these are companies that asked for help to restructure, and by the way, there are about 30 to 40 companies that are in the works, from what I hear, that will be restructured this way as well, because the promoters, perhaps their own insiders, and the debt holders were holding these companies hostage. They can't progress, because they are not structured to succeed. By the way, the SEC realizes as well these guys are doing it the right way........why?
(1) they do not hire stock promoters
(2) they do not want speculators coming in to buy stock
(3) they do not hire newsletter writers
(4) they protect wiped stockholders with Anti Dilutive Preferred
(5) they REGISTER with the SEC
(6) they remove the threat of REPETITIVE DEBT CONVERSIONS
(7) they put nominal assets on the balance sheet
(8) they make sure companies are not SHELL ENTITIES
(9) they make sure Issuers DISCLOSE, on PINKS or EDGAR
(10) they do not pump stocks, no pump and dumps!
That's a real nice even 10 reasons why the regulators won't stand in their way!
Takes time my friend, patience is virtue, everything has to be in by the 20 th of May
I missed that too, who knows there.
COMPLETELY DEBT FREE BABY!!!!!
Don't worry when you see the balance sheets for both the stock price will mean nothing when these puppies get reversed, and we will have those preferred puppies registered
If they reverse it to the point where there is no float, stock won't drop, cuz nobody will have any shares to drop it!!!! They are not stupid!
Yup you finally hit the nail on the head, it's not like anyone has a choice, they are going to issue the anti dilutive preferred to us, which they don't have to, to give us a second chance at making or money back after the registration. Again they did not create the mess, they are merely providing a solution. As far as assets go, I guess we will wait and see how they do, if anyone CAN do it it's these guys....