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What would your best guess be of HERB's value, today?
Will we - ever - be able to get our rightful share of what HERB is worth?
Usually a company is filing a business achievement, a major order or some other kind of done deal. ITUP is filing plans and intentions. What differentiates these intentions from the (99,9% certainty) intentions to become current in Jan, Feb, Mar, April, May and now...within 45 days?
I have also sent the company two emails, the first one asking about the dividend delays and the second one asking for updated information regarding the dividend payouts.
"...I sent the company (and the BOD) an email last weekend, urging them to update the shareholders. "
The shares still trade with the dividend included, right?
I don't understand. They announce a dividend to be paid May 21 and then...nothing. Just silence. What is going on?
Laxmi Prasad has gone silent. Wonder why that is?
Hint: it is not because he is busy finalizing the filings.
The big question is: will the May 4 8k be the turning point? Is the giant coming alive? Will HERB finally display value and reward the shareholders for their patience? My bet is on YES. Since May 4 I have increased my holding by >40%. Make or break.
I have waited so long. I can wait another week or two.
What benefits are there for the company to give no indications whatsoever of the dividend value?
RD says one dollar, two dollars or 50 cents. Mr Market says no, not above 15 cents.
Come what may, "on or around 21 May". I expect the dividend payment in my brokerage account Monday or Tuesday. May it surpass our boldest expectations. GLTA.
If you think the dividend will be worth 10 cents, it is a good idea to buy more now, I suppose.
RD, what do you base your guess upon. Figures?
Could you open a Lite account or do you have to pay some monthly fee?
I think the account type is subject to the amount of money you hold in the account. If you generate a monthly commission of $10 or more, there is no fee. If you generate a monthly commission of less than $10, I think they charge a fee up to $10. I am not entirely sure of this, but that is how I think it goes.
Could you move your holdings as is or did you just transfer cash? I don't know the answer to that one.
I opened my account with IBKR because I could trade HERB with them and I couldn't find a broker in the Nordics who offered trading in HERB. Later I opened an account with TradeStation because I could not buy ITUP with IBKR. And now TradeStation seems to have prohibited ITUP as well. But since I am out of ITUP since a few weeks after having lost all confidence in their CEO, that is no loss to me.
I like TradeStation's platform and all, but because of these restrictions that you are pointing out, and that I experienced as utterly annoying too, I moved my funds from TradeStation to Interactive Brokers.
Don't forget to mention No 1...!
Since 99,99% turned out to equal 0, firm must be better. Firm is probably 100%. At least.
I was on the BID for +6000 shares at 0.06. Today +9000 shares were traded at 0.05-0.0567. I got 0 shares.
After that, the new deadline will be July 31st.
When the bear strikes, it could go very fast down. The aftermath of a crash will take years, not months. But when the decline finally happens, I think it will be more like a crash. The dollar is facing hyperinflation, and more and more people are becoming aware of the unsustainable situation.
If we look at the dotcom-bubble, the NAV of QQQ went from 109.80 to 20.70 over two years. If we apply the same ratio the bottom this time would be ~64.
I just had a look at the QQQ chart again. Geez, I think I must buy more puts too, on Monday. Look at that chart, how obvious is it not what is going to happen soon?! This uptrend is ephemeral. GLTA.
You should be glad you can't buy ITUP. I guess you have to stick to Nasdaq puts. A very good trading option these days.
"...I cannot buy HERB, ITUP or SIAF with my broker."
Considering the fantastic opportunity this stock is, the traded volume is not massive.
MM, I have the same experience from TradeStation. Very weird limitations. I have had several orders declined for incomprehensible reasons. Interactive Brokers don't seem to have the same limitations. Just sayin'.
It is not going to be pretty.
"How Can India's TruJet Succeed In A Competitive Market? - Simple Flying" https://simpleflying.com/india-trujet-success-competitive-market/
99% is still a significant percentage away from how absolutely certain it was that we would have the audited filings in March. And February. And January.
What a disaster.
But it still doesn't make sense. They announce contact information to a corporate governance committee months ago, but they don't reply to shareholders. So what good is contact information to a corporate governance committee if the silence is as compact as it ever was?
Came alive? Yes, they started to show some signs of life. But what about the four-five years prior to that? I don't suppose the company was dormant even if they were (are) silent.
What is a reasonable time schedule? Another year? Two?
HERB seems to be dead. Doesn't look like management is reading your posts.
Oh come on, snow. "Things don't go like expected"? We have a CEO that is constantly lying to us - when he talks, that is. Now he has been silent and away for the last month. And you choose to talk about "things not going as expected"?! Why not just say it as it is, we have been lied to over and over again and nothing is going to change. Of course Laxmi knew, in November, in December, in January , in February and in March (how many months is that?) that ITUP will not file audited financials. Where is he now? Yeah sure, "he is so very occupied with finalizing the filings". Keep on dreaming. Chad Sykes had a look at it and said: "Stay away from this". The website is a joke, no filings or pressreleases to confirm the sweet deals that we have been hearing so much smooth talk about. My condoleances to all investors that believed these lies.
Feels very comforting that we will receive filings today.
Poor guy who paid $14 for his shares.
"When not sure but this month, definitely... "
Doesn't Laxmi seem very...absent...? What we are doing, what we should do is taken care by the audit, accounting and legal team.
All I can say and vouch, we are in that process...and we will get there...
I do not foresee any risk ...
There is a lot of talk about fantastic projects and investments.
But what deals do we know for a fact that ITUP have closed? What projects are more than hopes and fantasies and plans, but will for a fact add to the shareholder value?
If we want a CEO to resign, we only need to ask, right. LOL.