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I'm wondering how much ask is hidden. Since that is what folks need to get through to increase the PPS. With current debt conversions going at .00005 per share right now, the bid can get wiped clean with a measly $20,000 debt conversion. These guys owe over a million dollars in convertible debt.
You actually believe what she tells you? You need to read back on the posts from May - July of 2012. Many folks claimed conversations with her then, and nothing worked out with what they claimed she had said.
You think it's oversold now, just wait, lol. There is a ton of convertible debt, and you can bet your ass the note holders are converting like crazy now. With the .0001 bid up, and no bid coming, they want their money through conversion, and another RS will slow them down.
Wrong again. They have been attempting to sell for 20 years, and no one wants it, lol. Go read the filings. You'll see. No repeat sales either. Go look at the salaries these directors pay themselves.
So, you really haven't read filings. IMDS owes millions in convertible debt. IMDS doesn't have enough shares in their AS, for these "dudes" to get "done".
I'm very careful with definite statements on penny stocks. With that said, an RS will be the only thing that puts IMDS to .01.
Spreading the word is one thing. The hardest part will be convincing any potential buyers not to read any filings. Once the read filings, they will not buy.
Not smart. Do you realize how these debt conversion work? Below are some clips from thier last 10Q. It's an example of the discounts these fellas get on conversion. On December 21st, 2012, just after the RS, the share price was around the .04 mark. They convert on the lowest bid, so going by the below info, the bid must have been around .019.
Not lots of people. It was lots of convertible debt holders dumping. See, they loan IMDS money, and they convert those debts at 50% of the low bid. So, for the last 13 trading days, they are able to convert debt to shares priced at .00005. This means they can dump on the .0001 bid for 100% gain on their loans to IMDS. They also sell on the ask, which gives them a cool 300% gain.
I guess you haven't read IMDS's filings. They have a shit ton of debt, and the creditors are converting to shares left and right.
Will you really? Or are you trying to get others to buy and bail you out? You witnessed the massive dumping for over a week, yet you claim you'll buy more? I doubt that.
You should read their filings. IMDS has been around for close to 20 years. They haven't even averaged one sale per year. Also, it should tell you something when there are zero repeat sales. This company has lined the pockets of its directors for years with their 6 figure salaries.
You do realize they did an RS in December and the OS was 16 million shares just 5 months ago? The OS is already over a billion now.
Also, go back over the last year and read about other folks conversations with Grable. She was telling them no RS, back less than a year ago.
Be careful with definate statements. As we've seen clearly; WOLV never went to ".0002 soon" as you stated it would in February. Also, it never continued to drop from the .006.
So , you can't produce any WOLV PRs, released between 2006-november 2009, that you claimed existed? Also, when you claim WOLV has/found nothing, it shows you haven't read their filings. Also, I don't know if you realized it yet, no one cares about the current cash balance. At some point, they'll raise funds, and do exploration. Their cash balances have been low on most filings. This is what happens when you raise funds and use it for exploration, lol.
You must be new to IMDS. If you had done DD on it, or looked back further than a week, the air would drop out of your sail.
After the reverse Split in December the OS was 16 million shares. Today IMDS traded 44 times that amount and closed at .0001. The dilution here is just amazing and disgusting.
Today's volume is nothing to be proud of. The convertible lenders are elated, but that comes at the retail buyers expense.
Also, the news today is not great. Just much of the same over years of duping investors.
I thought you had done DD. In your DD, you didn't see any potential? Any type of positive findings from the exploration they've done? I need to explain it to you, when you claim to have done in-depth DD? Oh yeah, your DD found;
- The company has traded since 2006 - They started putting out press releases in 2006 - In February, I'm sure after you looked at everything thoroughly, you forecast a PPS of ".0002 soon". - More recently you said it will continue to drift lower from .006.
Adding those 3 years, where there were no PRs, again, huh?
Folks actually reading filings will know this statement is inaccurate also.
It's pretty clear, someone who actually reads the filings, wouldn't claim there were PRs from 2006-2009, before WOLV listed, claim in February that the PPS will be .0002 soon, and claim WOLV found nothing in 6 years.
With just a little DD, one would find all those claims false.
You should probably do a little more DD on TJ's statement.
Never disputed existence. Most who have done DD knew they started as a company in 2006. The argument was over your statements of "trading for over six years", "Over 6 years of Press Releases", and other general statements you made regarding the stock trading for over six years. So, is your mind made up? Did you figure out the time frames of WOLV's business events? Most here knew it already, well, with the exception of a couple of folks.
Oh, by this statement, you still haven't figured out the time frames.
This is inaccurate. You need to do some more digging.
Looks as though they have struggled financially over the years. Many online complaints where consumers claim they did not get their money back, or waiting long periods for it. Saw an employee complaint for not being paid.
Have you done any searches on transcendent one? Seems they have pissed off a bunch of customers over the years, and they have struggled with finances. When you search transcendent one, you get a bunch of consumer complaints and the Apptech news. Looks like a bunch of the same with Apptech.
Changing the subject again. You claim to have done some in-depth DD. Two posts back you said they were mining in 2009? I didn't know that. Where did you find that piece of info?
So, again, I guess one could assume you don't have those PRs from 2006-2009 you posted about either?????
Surprise, surprise. Most companies don't start-up, have instant net income, and immediately list publicly, lol.
Yes, December 2009, and it's May of 2013 now. I'm gonna make a stab in the dark here, but you've never looked into exploration companies much, huh?
Can you provide those PR's from 2006-2009 you posted about. I'm very curious to read them. You claimed you had read them, and they never materialized. I've looked, but can't find them anywhere.
Well, your PPS forecasts have proven to be very inaccurate. You may want to dig a little deeper, and be a little more thorough. I mean, where does one come up with "over 6 years of PRs"? You sure you were reading the right ones, lol?