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Because $WTSL could be undervalued if they accept buyout offers. Why do you think there is a "review committee" ?
Because $WTSL could be undervalued if they accept buyout offers. Why do you think there is a "review committee" ?
100s of thousands of THC and CBD test kit x $15 per kit = $$$
$WTSL is already trading at BK prices. I read the filings and it appears this one will not BK but restructure out of court because the lender owed $27MM is willing to work with them evidenced by the forbearance agreement of December 2014. The interim CFO's new compensation agreement hints sale of company more than anything else.
Watching this one.
Already gave you links to that....
Girl, take a look at L2 now. LOL. CSTI is trying to send a message to not let FWDG overheat but seriously, it needs to relax.
$FWDG -- so much fun!!!
Go with your badself on $VPOR. This one just takes some patience. Feeling news next week though.
Thanks for more 0,001s on $DIDG. Give me more 0009s and let's call it a wrap for today.
LOL -- AWESOME! Girls unite and take $FWDG to the TOP!
One monkey down at 0025, 2 more to go. $VPOR.
Looking good here, my friend. Gonna throw up some more up on bid and see if this NITE seller will bite. LOL.
Ya, I think it might hit bids and leave. 0,0011 might be its breakeven point so I'm going watch here a bit more--got more bids in at 0,0009 for now for the NITE seller, LOL. I like this new group on DIDG who knows what they're accumulating.
I think we just saw BKRT mark out, 000882 so that one seems done.
Let's stay with this and take out VFIN when it's time.
VFIN is the noteholder who had warrant options which in lieu of exercising warrants tood a note instead. This is why the fair value adjustment to derivatives was made on the last 10Q, and a big part of DIDG's losses came from booking the expense. These are mostly book losses on DIDG. Once all the warrants get canceled, you're going to see DIDG's balance sheet clean up very, very nicely. I'm thinking the 10K could show a much nicer balance sheet.
Coventry converts at 8c or for exactly the number of shares agreed on. I know some traders/groups came and took a hit on DIDG but I can tell you, this one is copper+ bound. BKRT left the box -- maybe for good.
You keep the fort down, girl. You're awesome.
Ciao for now.
GO $FWDG!
Did BKRT completely leave the box? If it did, YES!
Now, we work on VFIN and see where he wants to part with shares. Awesome!
Does anyone have ready access to VFIN trading volume since September 2014? This one should finish shortly, too.
Take a look at my comments to Chrion about DIDG's debt structure, that it's not what it appears to be...$DIDG.
I don't know what Matrix is but I can tell you there are bids below 1.1c 200K - 300K each waiting to load FWDG cheapies in case retards decide to bail this one given it's Friday. This is not the time to bail FWDG. You load and wait.
People don't realize that after these small conversions are over, FWDG will not have CDs to even speak of. They don't need it, they are revenue generating already and will continue to bring in the cash they need from operations.
Really, really do some serious DD on $FWDG and people will see the gem that is waiting to be unearthed here.
Everything cool to be invested this decade is HERE. $FWDG.
I'll leave the board alone.
Did you notice that DIDG hasn't taken on any new debt since its last 10Q reporting and the small CDs they had are about finished? The larger CDs probably will not convert until much later. We know what this means...My 001s just filled. Grabbing the rest of my 0,0009 and see if VFIN and BKRT are in the mood to throw down some more cheapies. In no particular hurry here. VFIN and BKRT will be done shortly.
Have a good Friday
oh yes, we will! If you look at $FWDG's filings, you will see the Form D where 3 investors participated in a PP back in June 2014. These 3 are almost done converting which is why we saw sub penny level ahead of some really awesome developments here. I think there is a small overhang that needs to be dealt with.
Always loved this company. There isn't a MJ/HEMP play in OTC that can measure up to FWDG at this price level. Those that have similar potential are not only already trading at 20c range, they have ridiculous S/S. This is value investing right here.
Patience will pay big on $FWDG.
I added 350,000 shares so far today and will continue to add. You load and hold this one, not flip for 20% which is nonsense.
The cool thing about DIDG is that the platform for movies and music has already been built and is revenue generating. This is not something that is still in the development stage. The more you look into DIDG, you will see how exciting this opportunity is to buy it at 001 when in October 2014, stock was trading above 1c.
This NITE seller at 012 is not paying attention. $FWDG
Agree -- I think Stuart knows a thing or two about TV/media. Not only did he purchase $400,000 worth of $DIDG, he also gave a loan to DIDG which has matured but he's not calling it in.
CC, check this company out. I was reviewing their books this week and it doesn't get cleaner than this one. On surface, DIDG looks like it has 7 million in debt that could do some serious damage to the Company and shareholders but it is not the case. The Company has CDs but the bigger notes convert at a fixed price well above 2.6c and 8c--this is why the notes are sitting in the balance sheet unconverted. This is point one.
Then there are warrants outstanding which have to be stated as liabilities until they are either exercised or canceled in this case. You will see that fair value adjustments were made last quarter for one part of warrants that were canceled. All of the warrants will most likely cancel which will write down the derivative liabilities altogether.
This one should not trade down here.
Thanks, likewise! The more I look at DIDG, the more I like it. I will be adding a few more here today. Sometimes, the financials needs to be explained in detail to provide an insight to what this issuer really has "debt" wise. In OTC land, I place heavy focus on debt because it's really everything. I will follow an issuer for a long time if it has an interesting story with near immediate potential to get rid of "unhealthy" debt. DIDG qualifies. It'd be interesting to see how this one develops this quarter--they're fairly active on Twitter.
Agree. I still like $VPOR and am patient with it. Debt conversion is a normal part of all public companies not just this one. Once the CD are all settled, this one is going to be great. It's a bit frustrating to see so many monkies on L2, yes, but it is what it is.
There appears to be a slight overhang from the Gel Properties and perhaps Tonaquint conversions but either way, they should be done shortly. $DIDG has healthy debt and there is no evidence of new debt issued since the last 10Q which is very positive.
Once MM BKRT and VFIN leave, we're gonna see $DIDG make its move up quickly. The stock trades very thin, moves nicely. This tells me the O/S and float are fairly small-- should be between 300 million to 400 million range. I consider DIDG's S/S excellent.
Also, in reviewing insider ownership, between just two officer/directors ~$800,000 of stock were purchased, some at 2.6 and some at 4c. Stuart Subotnik purchased 10 million shares at 4c on top of the financing he gave to DIDG.
If you look at the annual list (NVSOS record) that I provided, you will see that Bryan Subotnik is on the board of directors. Stuart Subotnik is a media mogul and Bryan Subotnik is very well established, too:
Bryan Subotnick is the CEO of NYCe PLAy, LLC, a Los Angeles-based developer of smartphone applications. Subotnick has also been an active investor in a variety of companies, including a telecommunications service provider and several internet start-ups in the entertainment and advertising industries. Currently, Brian is a consultant to Metromedia, a privately-held company that sold its media assets to form the Fox Television Networks and also owned a majority stake in Orion Pictures. From 1995 to 2004, Subotnick was Executive Vice President of broadcast company Big City Radio, where he helped to grow the business from four regional radio stations to 16 national stations with a listing on the American Stock Exchange. While at Big City Radio, Subotnick managed many aspects of the company’s operations, including acquisitions, programming, budgeting, and client relations, and assisted in raising over $33 million in that company’s IPO and $174 million in a public debt offering. From 1994 to 1995, he was Vice President and General Counsel of Papamarkou & Company, an SEC-registered asset management company based in New York City. Subotnick was a founder and general partner of Shanker & Subotnick, an entertainment law firm. He received his Bachelor of Science in Finance from Syracuse University, and his Juris Doctor from the Brooklyn Law School.
http://bio.prlog.org/digidev/50003529-bryan-subotnik.html
I think these guys at DIDG can show us a little sumthin' sumthin' -- what do you think? No way this stock should be trading in tripzzz.
Here is the amendment filed with NVSOS for $DIDG:
https://www.nvsilverflume.gov/businessSearch
Actions\Amendments
Action Type: Annual List
Document Number: 20140837465-50 # of Pages: 1
File Date: 12/31/2014 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20140823806-94 # of Pages: 1
File Date: 12/24/2014 Effective Date:
Previous Stock Value: Par Value Shares: 850
000
000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 850
000.00 New Stock Value: Par Value Shares: 950
000
000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 950
000.00
and below is the annual list (note directors and officers) :)
Financial Information
No Par Share Count: 0 Capital Amount: $ 950,000.00
Par Share Count: 950,000,000.00 Par Share Value: $ .001
Officers Include Inactive Officers
Secretary - DAVID ALTSHULER
Address 1: 15332 ANTIOCH STREET, SUITE 840 Address 2:
City: PACIFIC PALISADES State: CA
Zip Code: 90027 Country: USA
Status: Active Email:
Treasurer - DAVID ALTSHULER
Address 1: 15332 ANTIOCH STREET, SUITE 840 Address 2:
City: PACIFIC PALISADES State: CA
Zip Code: 90027 Country: USA
Status: Active Email:
President - MARTIN GREENWALD
Address 1: 6630 SUNSET BLVD. Address 2:
City: HOLLYWOOD State: CA
Zip Code: 90028 Country: USA
Status: Active Email:
Director - BRYAN SUBOTNICK
Address 1: 6630 SUNSET BLVD. Address 2:
City: HOLLYWOOD State: CA
Zip Code: 90028 Country: USA
Status: Active Email:
MMs/brokers don't keep inventory of $DIDG shares or any OTC/pinky so they fill orders short and as long as buying pressure remains, brokers will continue to fill short and if needed wash shares among each other til they can pick up shares from idiots selling for a loss. This is still "normal" trading on $DIDG.
Why is your pump refusing to update? Don't shareholders deserve to be informed? As for this one, $FONU, do you understand that this issuer is totally debt free and the CEO now owns over 200 million shares which he bought in the open market with his own money? Why would he buy shares to the tune of +$200MM if they weren't going to be worth more post split?
Keep this one on the backburner, CC. $FONU will surprise.
I'm not mad at you, btw.
CC, why don't you come back to $FONU in 2 months? How is your Data Call play going?
You and I agree that $VPOR is an awesome stock to own and let that be the basis of my comments here. What we don't agree on is the amount of CDs remaining for conversion. I ran a conversion schedule today on $VPOR and the CDs remaining for conversion are indeed closer to $700K for July noteholders. Take a look:
CDs convertible in January 2015 = ~$460,000
CDs convertible in February 2015 = ~$215,000
Then we have an X factor on what balance remains on Magna which btw is not restricted from converting because the due date or the maturity date of the notes doesn't set restrictions on the convertibility of these notes. Debt to equity conversion which result in the sale of unregistered securities follow Rule 144 which should be noted once and for all.
Although I am 100% convinced that more than $2 million in debt have been eliminated, there stands a strong possibility that we're looking at at least $1.5 million in CDs remaining for conversion unless paid off.
By the end of 1Q of 2015, $VPOR will be CD free which is what the focus should be.
DEBT in OTCland is everything and their nature critical hence it is really important to take the time to dissect the debt structure of an issuer. After you do, you thank all the sellers who sold what they didn't know. $DIDG will run huge when everyone realizes that this company has only "healthy" debt. I'm just gonna park my ass here and soak up shares peeps throw down.
You can have $200 million in assets against $40 million in convertible debt that will kill you and send shareholders to hell. See this all the time. No crappy CD means that one big corporate update will send this one flying. This is why I don't mind paying a tick or two more and wait.
It's all a perspective. $DIDG. VFIN leaving soon ;)
I know for SURE it's retail ;) $DIDG.
Sportynorty and all, I'd like to offer a perspective here. The S/A author sort of took himself and many under the bus with his "buyout" rants. Anyone who's been in the market knows that an issuer in the middle of building a company through active acquisitions does not put itself on the selling block. It's just not done. One reason for this is that ECIG made several acquisitions booking $200 million in goodwill which forms the majority of ECIG's assets. The validity of ECIG's assets must be tested over time and the measure of ECIG's true BV has yet to be realized through revenue growth and positive cash flow which we have yet to see. There is no one crazy, no crazy acquirer that would make a bid for ECIG right now. This is point one, so I hope all quickly set to rest the idea of ECIG being bought out any day.
Concerning the 14 filed: It is my humble opinion that only an increase to A/S will be effected as it is necessary. Accordingly, shareholders must vote YES to A/S increase and NO to R/S. If a double corporate action--A/S and R/S--were effected, it would spell some really serious problems here. It would be no different than these ex blue chip guys giving the finger to retail investors to suck up to noteholders, not allowing fair and equal participation. Management must not forget that until they are trading above $5,00 per share, they are a penny stock and their audience remains retail traders/investors that will support the stock. Although an A/S increase is not bad, a concurrent R/S is really not needed if these blue chip guys are worth their salt. If they went ahead with R/S and A/S, these guys deserve to be blacklisted for good.
The very fact that shareholders here have not heard a peep from management via a proper corporate update pisses me off. This is not the right way to treat retail shareholders.
If only the A/S increase went through, this might not be bad at all. What should be kept in mind is the fact that ECIG's ability to raise capital for more LBO is now challenged hence there is a possibility that future acquisitions will be made in all shares and no cash. If this is the intent of the A/S (and to facilitate conversions), I believe it is the right decision that should be supported.
I wish you all the best and hope you will still get your $1.5 million here.
Look at L2 -- it's washing trades. I think the new group here can grab all of the float and just sit on it. This one looks great. I'm just gonna sit here and soak up shares that are being thrown down.
$DIDG -- learn to load stock that have no toxic crap. Toxic debt kills. This one has ~$80K left but it's nothing, relatively speaking.
Good luck and load patiently.