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I am glad you mentioned this a while back. I think many of those old on the shelf things are coming back. I mentioned to Dan (since you mentioned it to me a while back) that one of the reasons I hooked them up with the WWS company was that they have 50 or so of their devices the Philippines and even had system much like a copy card you get at a library for water. The payments were split , paid off the bank financing etc.. It was only a trial run but provided some interesting info.
As a WSTI shareholder the main concern we have is that Impact gets well funded so that Dan can shuffle money over to WSTI to get things fixed up. It really has never been a real lot of money and might be a lot less now with debt restructuring efforts that were hinted at but not detailed in the release.
After that, Dan seems to have the smart meter stuff down well. So much so people have inquired about using their code for other things. Build out will come from the PPA revenues as those are financed and money comes in.
The one thing better than doing stuff for FREE is providing people the opportunity to work and feel like they can work, earn money have basic needs in life (electricity and water) and be able to function. Countries want that set up more than systems that do not build an ecosystem to bring things forward.
Right now up front funding is the fastest solution for us and to put WSTI problems behind us. But also as Dan mentioned in the press release project funding can also be used for this but will take a bit more time as things roll out.
It is the right idea, a good idea, lots of stuff in the works, even though we ran in May/June then fell since then we are actually further along with more opportunities that can actually hatch something that we need than back then when we thought India was the only one.
The ImpactPPA list of 186MW of projects did not include India. India is huge and bigger than the Phillipines targeting amount alone I believe, and the PS peeps are "Targeting" India with nothing really in process yet, and best I can tell have no local plants set up.
The 186MW plus India and Haiti puts Impact over 1 billion in pipeline. I think the entire India deal is over 1 GW or 1000 MW.
But SP also does not seem to have a blockchain payment component either nor the type of local connections we have.
But at a certain point it does not matter if the pipeline is 500 million 1 billion or 10 billion, you need money to get started and I truly believe the pipeline then grows exponentially. There are a few things we are missing in terms of projects as well but I am not sure the current status of them so we stay focused on the ones we have info for.
ImpactPPA was initially seeking 40-50 million when they started that was the info released by them so I was working with bigger numbers than what is needed for the WSTI end to accomplish what both companies would need. Keep in mind at the time of this article below another energy blockchain company raised 150 million, so people talk big numbers when money was flowing through crypto.
50 milly
Well Im still here, and have posted pretty much every day since this started moving in May and have been on this board since late 2015.
This is the first year or few months you have been here. My job has seasonal deadlines. April 15th, but then also Sept 15 and Oct 15 for extensions.So personally May-July is when I have more flexible time So work is a bit crazy for me for another month and a half but I still post every day, mostly every night. Yesterday I spent much of the day on a boat in Long Island sound fishing. The markets are closed, it is a holiday weekend and people do stuff.
If you had the extent of the emails, facebook messages, private messages, text messages, telegram messages and phone calls I get you would have packed it in long ago. I am seriously cutting back on all that as much as I can.
In addition to those things I have spent time going to NJ to meet the WWS people, on conference call re the same , talking to larger shareholders to bring people together to help etc. if they can, and some people that you have rarely if ever seen post here have also done a lot behind the scenes.
I mean I do not get paid here other than hoping for the stock to move to much higher levels just like you do.
No one is required to post constantly but as soon as something new hits we are all over it.
Last night when I got home I was tired from being on the water all day and noticed a message from one of my friends since the early days here. So at midnight or after I was responding as he was discussing one of the ideas I mentioned on the board a while ago which to me makes the most sense. Which I will share with you here.
If I had a ton of money or if some potential investor did , the smart way to get this deal done would be to
1-Invest 20-30 million or whatever is needed to get the ImpactPPA boat floating. Get the 70% bonus tokens and percentage ownership in Impact that Bates was offering
2- Getting a billion shares placed from shares that might be owned by insiders and or the company as a position in WSTI.
Under that situation the very scenario we envision would take out almost all risk as the size of the investment would trigger the catapult of WSTI to higher levels.
1 billion x even .035 = 35 million or all their money back in value
Then they still own the Impact shares, the bonus tokens and the tokens.
Of course if WSTI went to 10 cents they would have 100 million bucks in stock value (3-4 x their investment) and still have all that stuff also.
It is the only investment I know of that would actually trigger such a huge event where making the investment would provide both liquidity and long term value just from making it.
Now we do not know if insiders or the company has shares out of the float but we assume based on the trading it might be the case.
Even if 1 billion new shares were issued it really would not change the numbers all that much.
The investment could also be structured so that in stage 1... 5-10 million or so was used for filings, retiring debt etc, then toss the rest in when everything was up to date even further reducing risk.
The main problem I see here now is that the rise in equity value has to be taken into account in the financing picture because people understand things like stock prices going up.
Added a milly
At the close, mainly just because we held our ground pretty well and the guys with all the 4s needed beer and pizza money and decided to hang in there for now.. ;)
Well I think we can all agree with you there. But in the recent release that is the plan to become current. In the past we really did not know what the plan was. I am sure no one will feel more relieved than Dan to get that money in plunk down the acct/attorney costs and move forward.
Then , as you stated , this becomes available across brokerages that previously would not allow their customers to trade in it. Part of the reason positive news will help this really move. Very good post and good luck!
Those are some very good ideas Tombillion1.
As you know if you are on the exchanges people really do not want to part with these coins.
One idea I had was that I recently met some people involved in a new crowdfunding site for businesses. There was a voting thing there to determine which speaker got the chance to go on to pitch for 2 million etc. Plus1 would be perfect for such a thing. But also would provide some small seed capital to hold events.
I have been on discord and post here sometimes but mostly its just friendly banter not much talk about moving this forward.
I have managed to get most of the big questions answered. Cap 26 million , have managed to open exchange account on trade satoshi and buy some coin and transfer to Ihub wallet etc
The only question I have left is if you click on the plus1 price graph on this page under see detailed info you come to a page which is highlighting trades going on and its active view.
Where are those trades happening?Cryptobridge? and not trade satoshi?
TradeSatoshi has a bot operating where if you put in a bid the bot will best you by a tick, no matter how many times you do it . So to test it out I put it a single tick below the lowest ask. The bot would not tick up and buy the ask. So all it is doing is trying to up your tick bid then sell you its own coin. It is ok, I mean I know these things exist but with such a wide spread between bid and ask at times, sometimes nearly 100% or even more the trading there is limited by the bot
I agree,
But I do think the days of the faucets might be numbered or we might go back to .5 coin faucets. They just cannot buy that many plus1 to restock. Those Sugarmade faucets were drained in a few days.
We went from 9 to 3 and the 4 coin ones are being sucked much faster recently as well.
With lots of people seeded with coins it might make sense for Ihub to take this to the next step.
A lot of good points in your recent posts.
The problem is really that the SEC which has strict rules on issuing stock has this grey are loophole which allowed these guys (and many others) to sneak in, pretend stock is debt and skirt stock registration rules.
If they SEC closed this loophole these characters would not exist.
These companies were never really making loans. They were only loaning money so they could convert and achieve huge profits.
Dont think Bates guaranteed the convertibles. Only the credit line per the 10Q. Also the court case talks specifically about corporate defendant. The plaintiff would have gone to the personal guarantee once note not paid or converted , a lot less costly than a protracted corporate case. Also even if that were the case the court's ruling actually mentions that the usury defense would be more applicable in a personal case vs a corporate case.
Nothing really new there. Prior cases that LG won were structured payments of principal and interest just as mentioned way back in June.
The bottom line remains the same. But ..
In June we had one real option. India coming through...
Now we have India, Haiti, Large investors and investment banks and other contacts made as a result of the CCSA and probably some other things we are not aware of.
They get funded, all this goes away. If They dont the court case doesnt matter.
I also did some research on companies that were suspended including research on the pinned post you so kindly placed at the top.
So lets start there..
There was never any SEC stuff that came out of those hit pieces. Ironically you got the story wrong. Lots of people wrote hit pieces and shorted the stock. Even the guy that bought a ton of shares and paid for the promotion who was not an officer or board member is fine. He actually won a lawsuit against another promoter for using his stuff.
The stock was never suspended. No actions or threatened actions against the company. It was a big nothingburger. The company also came out and made a statement to this effect. And we know for fact nothing came out of it because the stock kept trading.
Second on other suspended tickers..
First reason tickers are suspended are that they really have no business except selling stock and are related to a known person with other suspended tickers.
Second, many tickers have not filed reports for even longer periods of time than WSTI (back to 2012/2013), whereas we were current through 3rd qtr 2015 financials and then the notice of being late filed in spring of 2016.
Lastly as stated on top of the very board where these things are discussed they generally do not suspend tickers when they can contact management etc..
From the top of the very board where people post these things
"The SEC only suspends a delinquent SEC Registrant Filer when the company has not satisfactorily responded to correspondence sent by the SEC to the delinquent Filer, or when the SEC has been unable to contact the company. "
Based on the info I looked at. While anything is always possible for reasons we know or do not know, our risk would be higher come next spring. But by next spring if we do not get funding we would probably be out of the game anyway.
Sure thing! But, if you recall when you guys last hatched the warning blitz end of July you said WSTI was going to be suspended by August 1st. So I said you owe 1 round of drinks for each day it goes by. 30 rounds of drinks so far, bill is adding up.
We all work and share and help. You killed it with your cousins in the pitch vote ;)
Keep hoarding your plus1 coins...
Good question, no real turn around time but I would presume, once Dan gets the money he would start making some calls and fixing things. But morever, we would know perhaps sooner then when things were fixed as we then would have funding etc to follow a plan.
But in terms of how we get to that point...
India- Seems close but not sure when that will happen could be weeks maybe? or if more money needed maybe scrap along a month
Haiti- Looks to be November or so due to external financing stuff.
Different Investors larger - Could literally happen at any time but no sense of when. At least a few good prospects/interested parties but nothing counts unless money is in the bank.
Investment placements by firms on wall street etc.. again could happen any time but probably take a while to set up a deal.
So our timeline can be really soon or out months. But instead of May when we figured India was the whole gig we now have 4 or more different potential pools
I even hit up Elon Musk tonight. Heck cant hurt to try. He needs some positive PR
I am going Saturday morning early. Long Island Sound.. Ill let you know how I make out :)
Save me some 3s dude or at least buy the beer! Ill need some 2s after the warning twins crank it up. Then we liftoff, coolers stocked, flippers flushed and let the world chase ;)
Free bar, 2 milly on the 3s.. patent approved.. someone has all the luck on this board! At least take me fishing bro! Fishing with you, fishing with 100lbstriper... I am a winner no matter what!
Just wait til those guys on the 4s get nervous holding into the long weekend with those suspension worries. They will have to warn us again to get more stock lower.. they can sell their 4s and buy on the 2s after the warnings and then hope for the best. There will be just LIFE cereal to eat!
From my prior post on the court case back in June
"My take (please note I am NOT a lawyer), is that it is a tough call.
Basille lays out a great case for dismissal, and has the current court trend to support Usury statutes in our favor.
But LG puts up a strong response and has a case to which they were a party which they won in almost identical circumstances.
Basille's reply was strong and I think it is really up to the judge.
When there are good arguments on both sides usually the solution lies somewhere in the middle.
My guess is payment/settlement of outstanding principal or some combo of stock and payment to keep everyone happy. IT can really go either way. "
** So pretty much the same result as I thought, though this is not over yet. The motion to dismiss did not make it but the case is still active ..
That is because the people that loaded on up 4s the last few days need some 3s to mix in or they are going to get flushed.
I wonder where all the warning flags went. Especially with the court case and all , I wonder if we are all clear now?
That would be really good!
Anyone have the amended complaint before I buy it?
Hey guys, just got out of appnt. RSH Ill call you right back after posting this.
If anyone has the amended complaint already let me know. Ill go back and read it. But I did read through the dismissal of the motion to dismiss.
If you recall this was a matter of money and I stated it would most likely be resolved that way with a payment for money plus interest etc as that is where other cases have went.
While it would be great if the usury dismissal happened, I for one never expected it.
But ill re-read the complaint
Stop that is not true. You have to understand like 50 people email me, others in twitter, facebook, IHUB and then 5-10 calls a day. I like everyone some great people here, Im looking to add more over time. Depending on how much time things take there is also money coming out of a halted pot stock I have so I really do not want to push the price up and let Skinny the inventor get all the shares LOL
Ill be here EVERY DAY early/late. Everyone needs to remember to grab whatever FREE faucet plus1 coins they can as that is doing very well as well.
New plan is to work behind the scenes to help as much as possible but let the news happen as it happens. It could come in a week or months, I do not know.
If I report on every little positive thing people find digging it will only encourage people to buy shares from those we saw yesterday with the board full of warnings. And then that will return.. as it has in the past.
For at least a half dozen reasons I wont be on the board as much nor able to respond to emails from people from all over except for just a few people I have talked to for years. There are just too many emails(emails, twitter, facebook, private messages etc) and it takes too much time and until Oct 15 im swamped at work.
We got quite a bit of DD out there already and there will be more to talk about over time.
Good luck to everyone!
Skinny edit HOLE to WHOLE buddy , or people might get the wrong idea on your product! LOL
As a new friend Id like to be on that fishing trip! Pop up bar on the boat? LOL
Going out Sat morning with a few friends on Long Island Sound fishing, fish running hard now in "the Race" (as they call it)..
Guy wins a a popup bar then looks for pop up shares trying to hog them all! LOL
Congrats on being an inventor though, interested in hearing how your idea progresses.
Understanding Security Tokens
I highly recommend these two pretty short articles on understanding security tokens. As you know ImpactPPA is selling security tokens under REG D as part of the effort that if successful could help our WSTI here.
I have been brushing up on this myself, having a basic knowledge but I think it is good to know how it all works.
Security Tokens 1
Security tokens2
Received this from a shareholder..
Vixer sent me this on twitter. Had not seen it.. (great job man!)
Shows installation in Haiti with WSTI equipment, mention he works for Windstream India, mention ImpactPPA.
Venkat is a very key guy, very smart and a crazy good sales guy. He bird dogs everything and is a big asset to Dan.
Energy Management Using Blockchain Technology
Thanks Vixer! I have not even checked linkedin in a while.
Ill go take a look.
Yeah but twice as many 2s would be nice?
Hey did you notice the warnings stopped when we got to 4 with the 5 ask?
Wonder if things are ok now? I hope so.....
Ill try to feed a few 4s for car bills so I can double up on 2s. Or maybe I should wait for 1s and get 4x as much!
Not many 3s were to be had maybe 9 million tops..
So a bunch of 4s got loaded last few days.
Most likely some of those are on the 5s
they got flushed once before... maybe again? As I said sometimes there is a flip and other times a flush!
Hate to see that suspension kick in and VNDM and OTCX do an end of day dump right now into the labor day weekend!! Worried about that email sent to the SEC mentioned earlier. Glad we were informed about that!!!
Maybe it is time to unload everything and bid 2s or even 1s, and load the boat up for payday!
Hi it is possible they just are not showing til we take out the 4s but on level 2 its pretty empty on the ask as of now . At times this happens when the loaders loaded and make it look like clear sailing ;)
Nothing that I heard. I know we saw pics and videos and I suspect things are close there based on the time that has passed but what did you hear and where?
121 million on the bid
Ask only 8.5 million up to .0008
Seems a bit strange to me..
Mark no worries, we all (definitely me included) get anxious, upset etc.
The point is to fight the information, respond to the info. That will show a balance on the board.
Having all opinions is always best. And when people buy for whatever reason or whatever their style it is ok they provide liquidity.
Well there are currently bids for 118,000,000 shares.
Still 8.9 million sold on the 3s, just 1 milly at 3.5
Everything else is 4s
Buy volume exceeds down volume by 6 million shares so far..
Most of you know this already but you can see all trades on delay here
WSTI TRADES
Just a reminder to everyone..
Make sure to post on topic about the stock. If someone posts information you disagree with, post your own info or thoughts without attacking someone else. Do not make it personal or about the poster. No mods are deleting posts IHUB looks things over and keeps things on track (and this includes ME if I mess up as well)
If you remember this you will be able to keep your thoughts on things up on the board to balance things out.
It is good to have all info. As of mid mornin the TA reports no new shares issued. I posted their email here earlier.
Also regarding the two dilutive market makers. There is nothing happening yet with them that I can see. VNDM has 10,000 for sale at 8 ticks, and OTCX has 1 million on the bid at .0003. But it is good to keep an eye on things..
TA showing no new shares?????????????
Johnnie Zarecor via pacificstocktransfer.onmicrosoft.com
11:43 AM (1 hour ago)
to me
Good Morning . The numbers for 8/29/18 are below.
Authorized: Unlimited
Issued: 4,414,963,024
Restricted: 61,709,317
Have a good day.
Regards,
Johnnie
Johnnie Zarecor
Pacific Stock Transfer Company
Direct: 571-485-9999
VNDM has 10,000 shares at .0008.
TA confirms no dilution as of today.
Not sure you need to warn us here, we all know it is possible.
Maybe try to get in touch with the people bidding on the 3s and a bit on the 4s might want to let them know?
Always possible at any time!
However as of today.. Not ...
TA confirms no change
Johnnie Zarecor via pacificstocktransfer.onmicrosoft.com
11:43 AM (20 minutes ago)
to me
Good Morning . The numbers for 8/29/18 are below.
Authorized: Unlimited
Issued: 4,414,963,024
Restricted: 61,709,317
Have a good day.
Regards,
Johnnie
Johnnie Zarecor
Pacific Stock Transfer Company
Direct: 571-485-9999
8.9 million sold in the 3s
everything else was 4s
Well Im here..
Track I read your posts, I think its just the Ihub mods keeping things on track no mods deleting.
The last few days have been a bit difficult with work and other stuff. I had mentioned my schedule is crazy and Id be posting mostly in the morning or evening.
So just to let you know how the last week or so has been regarding just one thing that somehow has sucked time.... On August 17th my daughter's car engine died. I ran over to where she was and we got AAA to tow it to the place to get fixed etc. Looked like a blown engine. But oddly when putting it on the tow truck it ran a bit better. So we got the car to the repair place. We then decided to rent a car to make it easier for her until the car was fixed. We went to 3 different places but due to back to college stuff none had cars only trucks for rent. Finally found a place. Get a rental car. A day later that cars engine light goes on (rental car) but they told her to continue to drive it. It made it up til yesterday when we returned it. The car repair place, who first said the car needed a new engine, now says they can repair it and sent some parts out to be fixed (less money etc).. But not sure when it is going to be done. I get the rental car dropped off, repair shop gives loaner car. That care has an engine light on and drives rough LOL. I mean this is just one thing over two weeks now that is still not resolved.
I have not posted much as it seems we are in wait and see mode here and I am close to my breakeven point. This is the point where I usually panic out but have not sold any shares. Because when I do that would be a major buy signal LOL
The large sale yesterday really bothered me. 60 million shares in 2 minutes. But like I said I usually do not make good trading decisions. In at .0001 I sold stock on the big run we have and reinvested it all over a month or so to have more shares so my overall breakeven is somewhere between 2-3. So now I have more shares just when everything looks rosey :) LOL
So its iron stomach or panic ...We are almost in September, I have to believe in the coming months either investors, India or Haiti will happen but we seem to have to get through some more rough stuff til then.
Fastest Faucet emptying on record...
Those Sugar faucets ran out, looks like stevia or sweet n low for today..
Took only a few days to gut those faucets.