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Why would you dump shares at .0001 when you can bring the stock price up a little bit to make more profit? He accomplished this by the 1bil share retirement PR. I'm interested in seeing at what price he starts diluting. I have a feeling he's letting shares seep in at the current price. But hey, to each his own. Good luck in your endeavors on this one. Judging by your initial entry into this stock, you're still up and waiting for the big leap up. Hopefully this dream comes true for you, but just beware that the red flags are riddled in the PRs.
Of course he isn't broke... he's dumping shares to commoners. lol
Uhhh... I've been around in the OTC for a long time. This is fluff. The direction TDEY is going is backwards... like reverse split backwards.
26 NOV 15 - NEWS - http://www.otcmarkets.com/stock/TDEY/news/Oak-River-Technology-Inc--Announces-Public-Domain-Initiative?id=120221
Looks like just fluff crap.
No idea, seems like the biggest stall here is the 10Q which is probably being filed really late due to the TSS acquisition or lack there of.
Man, these guys are reallllly late on that 10Q.
Looks like a lot of potential here. I don't necessarily like their financial sheets, but at least they have over 400k worth of assest. Their debt outweighs their worth, but then again, every startup exploration company is like that. Seems like a good entry here.
Funny, I'm still looking at a healthy chart. Short term wise on the 30min chart, we're in the Golden Cross territory (very bullish). On the daily chart, we closed above 50ma (bullish). I see pretty good support for a next leg up.
New share structure as of October 30, 2015.
A/S 4,000,000,000
O/S 177,086,907
And the dangerous Series A preferred stock that are in the hands of the directors (both of them) = 9,515,000 which can be converted to 9,515,000,000 shares of common stock(which is more than their current A/S). This allows them to stop hostile take overs when they start diluting the piss out of the stock.
FROT doesn't really do anything as far as business goes. I thought this was going to be a shell company until they filed an amendment on share structure on October 30th, 2015.
This Information Statement is being furnished to such stockholders for the purpose of informing the stockholders in regards to an amendment (the “Amendment”) to our Articles of Incorporation to increase the authorized number of shares of our common stock from 450,000,000 shares of common stock, par value $0.001 to 4,000,000,000 shares of common stock, par value of $0.001 per share. Our Board of Directors approved the Amendment on October 9, 2015.
What message are you trying to convey?
Whoa..... that actually just blew me away. Look at those previous company's he was with. He's definitely Dundee's inside man. He has to be the guy that is setting Dundee up for success by ensuring the company's Dundee invests in plays out correctly. Hahahahaha. That's crazy! He's not going to be CEO of URBF, he's just going to align URBF to work out for Dundee. That pretty much means URBF will work out for the investors.
Lol, I'm not fond of your pump style, but the article you posted made me chuckle about URBF.
"For DAC, this investment marks its fifth in AgriMarine in the last nine months. Previously it had had made a $5-million investment (through a convertible debenture in April) and a two part $3.45-million loan (in June)"
That article was in 2013. In 2015, AgriMarine was aquired by Dundee and pushed into the private sector.
I like how history is repeating itself on a different company called URBF. Crazy stuff
Good catch. They do in fact own 110 million shares. However, you mentioned in that post that shares were bought up to a dime. That's not true. Those stock options of a dime have not been exercised yet and I doubt they will be at the current PPS. Stock options defined here -> http://finance.zacks.com/stock-option-award-2395.html .
You did bring up something interest though! URBF gave stock options to Dundee and Dundee turned around and said "Sorry, we're not feeling it at .075 a share. How about .05?" So URBF went ahead and sold them shares at .05! URBF needs the money and Dundee is looking to minimize potential loss while increasing the chance of greater profit from their venture. Again, this is where Dundee is pretty smart. I like it.
BB, saw you touching up on UBRF with some uncertainties. The Dundee hold on URBF is pretty clear, but check out what they've actually done to another Canadian company they were invested in earlier this year...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118107737
You can find both investments (URBF and AgriMarine) of Dundee in this reading http://dundeecorp.com/pdf/DC-AIF-2015-Final.pdf
So, I looked a little bit deeper into something you said.
Yea, pretty much. Dundee isn't stupid though. They're a multi-million(or billion depending on what subsidiaries you look at). They know how to make good bets and bad bets as well as minimize their losses. I doubt you'll see an "Oh well, these guys went bankrupt and now we're out $977,000."
One thing I don't appreciate is seeing pumpers and dumpers here. They put on a pretty good smoke screen show and get inexperienced traders/investors confused and worried. It makes playing this stock less fun and makes me do a lot more DD just to make sure what I'm seeing from the company is correct. You can't rely on someone's "DD post" now-a-days.
They own 39% of the company via 48 million shares. Their investment was $977,000 and they've been invested in URBF since 2013. They haven't sold any shares yet, which is sort of surprising and sort of not. I'm pretty sure Dundee sees this as a venture capitalism opportunity and are going to hold on to it until it either craps out or performs the way they want it to. Trust me, they're keeping close tabs on the company and probably have put a lot of pressure on management. I can tell by seeing the changes of certain executives over the course of two years.
So without a shadow of doubt, Dundee is deeply invested in URBF. They don't really play around when it comes to venture capitalism. I'm sure they aren't too happy with their investment right now, but they haven't pulled out either. This tells me that they're not done with this company and are still betting on a win. Yes they were issued shares at a par value of .05 and .0148 which was the main reason the stock tumbled over time.
Here's what I see:
Dundee owns 42,844,017 shares of URBF which was a total investment of $971,000 for them.
42,844,017 shares right now are currently valued at $132,816.45 . That's a decent loss for them, but a loss is only realized when you sell. I don't think they're interested in pulling the trigger on them yet because they would have done it a lot sooner.
Luckily, this is an OTC:QB stock that is still current on filings. The next filing will tell the rest of the story that I want to see! I see bashers popping up on this board left and right, but I'm not concerned with what they say because I actually know what I'm investing in. Numbers don't lie and potential doesn't lie. All you have to do is look at the Company background, filings, and potential for growth. I'm satisfied with the risk here.
Oh, here's the links:
http://www.otcmarkets.com/stock/URBF/insider-transactions
http://dundeecorp.com/pdf/DC-AIF-2015-Final.pdf
I'm not sure what the O/S is at, but by the way it's trading, it's probably still low. The only problem is is that I don't think this company would have a problem letting the gates of dilution open up in full force. It's not a question of "if," but "when." I think the "when" is going to be very soon.
Yea, he increased the A/S to 1 billion too. This company also has a lot of toxic debt.
The A/S is actually 1,000,000,000.
Check the Statement Regarding Change in Majority of Directors Pursuant to Rule 14f-1 (sc 14f1) on 6 August 2015. Link to statement here
"Amendment to Articles
On August 5, 2015, the Board deemed it to be in the best interest of the Company to increase the amount of Authorized Common Shares and filed an Amendment to the Articles increasing the authorized shares of Common Stock to 1,000,000,000. "
Now, with the A/S being at a billion and the stock price being at .0028, there was a reason why it tanked. The company had a lot of toxic debt in the form of notes that matured 6/30/2015. Those notes were sold over the last 6 months. They have even more toxic debt in the form of notes that will mature 15 December 2015 and 17 December 2015. I would use a lot of caution with this stock since they aren't producing positive revenue. I see this stock becoming a massive diluter in the coming weeks and months. If anyone plays this stock, it should only be for intraday/short-term.
BLOAQ Halted by SEC today. It closed yesterday at .30+ . I wonder why the SEC halted it.
I like their last PR "247MGI to Enter Billion Dollar Financial Service Sector(fluff crap) for Small Cap Companies and Investors upon Merger Completion"
Just a feeling and only because I've seen crap like this before, but does anyone ever see these type of stocks merge into another crap company and it just be as worthless?
Yes. That golden cross literally pinching right now. Gonna play that one :)
I hear that. I had beginners luck in 2008 and made around 12k. 2009 and 2010 I had lost over 9k. Been doing a lot better in 2011 after years of experience in the market and being able to catch on to what was mostly bogus and how to start playing the right way.
I called him out like a week or two ago.... did you not see where that was going?
That cross should happen sometime this week and on top of that the lows have been bouncing off the uptrending 200ma. Thats pretty nice.
Anytime you see a stock being promoted read the disclaimer. The disclaimer will always say who and how much they were compensated.
Rofl.... that would only mean that the reverse merger is actually with Wal-Mart :p
She never did give it any information on material information. Saying that Sam and Lisenby are talking is not material information. Giving the details of their convo and scanning their agreements and sending them out to people is material information and illegal. The latter is not happening.
I was joking around with Onemessageonly on the LUXD board and I guess he didn't catch on. He's definitely a serious person, but I see that as a good thing. He does have excellent DD and formula's. I'm impressed.
Lol... one, I was joking with you. I was hoping the 1.8 million dollar mortgage would have given it away. Sorry man.
Hey one, I'm scared they're going to dilute so they can pay off the 1.8 million dollar mortgage they have. *Rolls eyes* Please feed me your DD, tell me I'm pretty, and call me Lucy so I can feel better about myself.
Stop. The will be no such thing is this being ruined when they officially release news of the RM
I hate it when penny pumping groups start on a stock. Granted, it's a technique to making money in the market, but what they are doing should be considered illegal. Some of the stuff they do IS illegal.
Never ever trust penny promoters. 99.9% of all of them pump and dump. The "research" they do with the articles they write are nothing but crap. They have professional writers that take cans of gold spray paint and spray paint the crap gold. They then email this crap to everyone on their distribution list and the pump begins.
I agree. That translates into "We aim to pump our stocks and dump them in your hands. Hold your trash bags open for us!"
Whoever holds the float controls the price.
Jesus man.... why dont you just lock the float down :p That's pretty much what me, you, and rain are doing.