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I can’t find a doc of direct connection....
I think I made the connection becuase at the time was when I first started to learn he importance of share structure.
Chardan Capital used to write the offerings for cvm. At the same time Chardan was writing a bunch of the deals for honig and his cronies. Spongetech, mslp, fuse/drop, pglc, cdxc; the list is massive.
There was also a correlation between honig and Hudson Bay - people called them H&H.
I actually knew the person who sold them their firm in South Florida and posted about it on ihub.
I remember he said they were essentially total losers. Didn’t do any DD offered a large premium over next best bid and were in a massive rush to get the pump house going. Just a bunch crony kids...
Anyways, since I can’t find a hard doc; I’m assuming it was all the filings I saw at the time with honig and team all being written up by chardan at the same time chardan was writing anit dilution offerings for cvm.
This would be still be in the ~ 2012
Agreed. I’ve been saying for quite some time these guys should be in orange jumpsuits.
At the end of the day; you have to do something illegal...
Finessing the rules isn’t illegal though...
In the mean time I will say this:
I wish I had photo the doc... then I would know myself that I made error or NOT...
I trust my memory! But I’ve made mistakes before and can usually locate them....i can’t locate the forms that would have caused “a memory photo shop”
I assure you I will find doc and if I don’t; assume a grand error!
I’m a bit depressed as I considered putting together a case against frost and honig as a whistle blower....
But at same time NOT.....
I’m curios what caught them?
They do this with hundreds of companies....and it’s legal.....where did they slip on a measly 3?
If I were them; my defense would be I did the same thing 1000 times over....what’s the problem?
Leglellu apeakkng that is!
As of now it appears I made a major error....
I’m trying to find it myself and can NOT
I know my recollection is around the time the sec outlawed anti dilution rights.
Barry may have used a different company at this time.
Cvm followed suit and disavowed all Anti dilution rights as requireed
Think it was 2012....
It will probably take some time for me to find where and why I made this memory mistake...
Well you’re not very good at searching.
Honig was over a 10% owner at one time.
He had anti dilution rights as well.
Honig has association to sabby.
Honig may have dispersed his holding to his cronies??
Cvm and teva have an agreement now.
Cvm may in fact be clear of him now?
I do know Geert made direct negotiations with honig at some point and gave him anti dilution rights....what does that say about Geert?
Angry? You’ve got to be kidding.
I’m honest buddy/lady.
I’m here to learn....
And make money...I’ve made a decent amount, but selling early this time around has me staring my ~$2700 profit in the face of what could have been ~ $18k.
No they don’t want layman terms....
Who enjoyed when I simply posted buy signals and sell signals?
Do know how much stock honig filed he held at one time?
I think Geert knew exactly what his methods were?
Are you aware Geert granted honig anti dilution rights until it was outlawed by sec?
Are you aware of honig affiliation to sabby?
Are you aware of relationship between cvm and teva (which includes frost and cronies)?
Do you really think the sec is done with this or is it just the beginning?
Oh and there is much more?
Did you forget what my focus and what I have repeated since I first posted here?
Really? Sorry I’ve been a huge propponent of share structure and the “players” forever....
Melechdavid and honig have both been heavily invested here.
Surprised this isn’t tanking right now; considering the characters involved: honig, melechdavid...
That’s not the whole truth.
I can’t take it anymore...
I’m running 4-10 miles a day for cars, remembering names of 20 to 80 people 6 days a week, trying to trade on “my” compilation of info, and put into practice memory picture taking (for reading/ think it will and has already improved my time frames from interpretation wall becuase of dyslexia)....at the same time putting being a better “husband / father” (I appreciate non assumption on your part) at the forefront of it all.
I am officially putting myself up for sale.
I have a plan that can be executed within 3 days minimum and 11 months max.
My minimum is I provide 10 hours week free in exchange for your presence to intake: i walk when I walk
My max: $150k/for 1 year, max 50 hours week, home 5 days a week; plus bonus structure tbd.
Wide range....can you see my needs? (That’s why i said I’m selling myself)
In the end I hope i post forever and we make millions and the world becomes a better place; I doubt it (unfortunately); but it’s my objective!
The market has become translucent; not transparent. ....Remember this....
I envision a bull market to continue...for a long long time....
As we become more machine influenced....
It is only human that can “cause “ A crash; thus a human will save it....(pick your big 10 and buy when retail “feels” news.
Inevitably the machine will learn faster than the new (ever growing particapants) of the market.
Why, you say? Becuase if a select humans figured it out; how would a machine fail what we taught it?
We visit objective/ need...does a machine have this?
A prime example is this idea:
I predict gold has 10-20% bounce in it now!
I took ngd for extra volatility (personal choice after a hint from see Alice...and months of waiting)
I see for gold at 450 ounce within 20 years: but who fn cares of you can produce within that knowledge....even if
It were fact. My point is predicting the future outside a rolling window is useless anyways!!
Does cvm have a rolling window?
Cvm doesn’t have $75m Mc yet.
Read front to back; back to front...
I told you....
I’m so solid on my belief I bought ngd today.
Go brl
Go cny
Go gold
Go shlx infrastructure pipe
Go aeti
Rio!
Just to make a point.
What’s wrong with the press release?
Is it not worthy?
Is it fake?
Does he thinks it’s bogus?
FYI: answer to all 3 is “no”
And he’s not a puppet? Lol
Lol. My progression has been difficult.
What would you do without me telling you when to buy?
And those that forget....
1m shares at $2 is how much money at .45?
4 to 1? Nah?? Lol
Want to know something funny...
I always wanted to help the world be a better place and paid a massive premium for it....
I’m very close to being paid for wanting to help....???
The objective never changed and there was never a need!
Time is the most valuable commodity! It’s irreplaceable!!!!
Re read the post again; maybe backwords will help you...??
Attempt to hypothesize how this valuable commodity has been thrown by the way side by all 3 parties I mentioned....attempt to conceptualize the damage...
I could go in front of congress and say absolutely nothing...and they would gain more than if I said one word....they’d actually be required to work rather than refute what was said!
Cvm/ Geert and all parties mentioned are guilty....
I can imagine; your needs aren’t objective.
Or maybe it’s; objectives are not your need?
Maybe your dyslexic like me?
Maybe your ideologies are backwards like cvm/Geert and the other I mentioned?
Try reading the post last sentence first in order till the first sentence is last....
I’d bet you could find the patience.
Maybe it was the Rothchilds? But something changed in the market today!
Today may be the day; but I assure you max 5 week window.....
——
I’m tired....
Look at RIO
Ask questions if you want??...??
Ps. What’s won’t make sense to many...: but I assure you
Watch GE
Light. This is off the thread...
If you have a ceo whose needs do not match objectives; it is still the stake holders who acquire losses or gains.
In this case the ceo is disengaged from reality and responsibilities.
Geert, trump, and Elon all exude this separation...futility and inferiority are simultaneous; with no influence or learning curve...it’s stictly subject to their interpretation.
Geert says: we won arb
Trump says: i makes Things great
Elon says: i work infinitely
Geert: didn’t win anything and says a arb ruling says it all (subject to his interpretation)
Trump: tries to control Asia and as long one country comes to him on a bad day and asks for help he’ll consider it a success (his interpretation)...sorry, but Asia has him in their pocket! We you can fight a worse case losing battle against somebody forever and still win by saying “I’m sorry, help me now” (that’s what 2 year olds do all day every day and the amount of 2 years running american households is crazy)
Elon: as noted before believes what ever the pps is if it’s good; and fights when it’s doesnt....he’s the 5yr old kid making a home made kite (that works better than store bought), but gets jealous when a 3yr old discover a broken spring ( on a seesaw) allows himself to fly higher than last week. Elon was smart enough to charge for more distance? He knew usage would kill what he built faster than he could build it.
Geert/cvm: even an fda approval wont take it to the moon; but other things prior or after could - Geert is a puppet to share structure
Trump: he could lose every battle while pretending to be strong ....he’s just hoping at least somebody comes and holds his leg and that would be success
Elon: he s should be growing MJ....his work ethic would definitely result in improved margins..
I losing patience with myself to articulate...
Geert is holding a pipe dream and has no intention of staying until somebody pats him
Trump is leaving behind a mine field with no care who follows
Elon doesn’t realize there are other people in the room!
Well 60% in with a capture of roughly 4% cash.
Let’s see if I can get to an $19 average?
You should try and protect that....
I said it somewhere else 6-9 months ago....and will eventually protect it myself if somebody hasn’t before me (or you- now that you’ve said it)
Can you give me something/ what could I do better?
I could give my opinion about you, but it will cost you an answer to previous...
It’s pro bono, right? Exposure always has a cost or “less cost”.
——-
On short note: nobody at cvm has passed the “margin call”.
It’s beem hard to swallow $18k, but i know what I know....there is no space for a 2* leveraged short position.
Unless the hedge was also short turkey (which we all know is not case of a hedge....unless They going zero asap) there is no chance anybody experienced margin call.
In the off off chance it did occur? $100 pps should occurr asap!
And that is a negative Batman.
Thanks for sharing the story!
I would have been interested in calling broker a try to facilitate a trade which would have saved us both 3%.
I didn’t take your entire lot, but it is something I’ve never done and would like to know how and if it can be done with a investor like myself (save 3% and get a better understanding of market mechanics...)
First; I must repeat my upmost respect for management.
Side point (I posted for months by myself here) ; I made a point that GE missed or came to the meeting late...
My draw:
Ceo is 77 and has all the best interest in mind.
I actually thought there was clarity in their operations internationally.
They hold 2 board seats in bomay and the board runs the company.
They seem to have transparency internally of the operations and can provide upon request internal reports of bomay and the reporting we see is do to an “accounting rule/wall”. (Analyst George provided a reciprocated skin in the game option). That would inherently create more transparency and he seemed breathless by the companies response.... these are issues I was previously intimating are not giving me a backdrop for investment...
Still, I have questions to be answered, but a momentary level of comfort for sure.
In regards to Brazil, it is exactly what I thought it could be and wanted/hoped it to be! Confirming headcount of 100 internal / not subcontractors for me confirms my belief in (previous statement about GE). To get the true growth in Brazil go look at brl over last 2 years. Adjust gross profit directly to usd/brl.
The growth is startling larger than visualized....reported....
Simply, I could not be more ecstatic about this part of operation!
I did miss some details and did not participate in call, nor did my paper come across as I expected....
School started this week and was taking my little girl for first day of self sufficient kindergarten...at time of call...
3 guys I trust wheeling and dealing in an environment like this is just where I’d like to be....for me they take all the risk out of it...
There’s more....but it’s wife bday too...
Where is this document
How many shares at what price?
I think you heard a different call than I...
Nash equilibrium....
Somebody much smarter than I suggested it...
I saw your claim retired brain surgeon...maybe a better way for you to think....
Maybe you and I met before and helped each other?
Maybe you know about cancer and head? Cvm? Take a look
I’m starring a “missed “ $18k right in the face right now.
Let’s start by being clear: he doesn’t hold 25% common.
He holds rights;
To his entire $5m investment
Plus his already received dividends
Plus 20% of any proceeds upon liquidation....before his remaining % is equally divided amongst common.
Example:
Company sells remain assets for final proceeds of $10m after closing normal costs, etc...
He chooses. All common or $5m then 25% and leaves his dividend to share common.
Based on current price he would elect $5m redemption plus participate in common.
(nOtE: I chose $10m as a 5yr cash return on assets)
Therefore in event of $10m proceeds + $4.3 existing cash = 14.3m
$5m to jch. Leaving $9.3m
The final $9.3m gets distributed to common. Without redemption 9.3m shares would be outstanding—-coincidence? $1.00 pps
Jch gets $5m + 25% of $9.3m = ~$7.2m total (~$2.2m = 23% proffered stake)+ ~500k shares (4%) of $7.1m
Common 9.3m shares would be sharing $7.1m with 9.3m outstanding = .76 share
The tape suggest everything I say is correct. I don’t do market action....I do tape.
Caveat: sometimes those that make the tape get it wrong (momentarily); sometimes I get it wrong (plenty, but less and less....)
Notes: pps rose last 2 days and currency was opposite (i don’t like this)?:?: major selling that forces increase in pps?
Most people would buy a dead dog as long as pps went up....
:reality: As I see it.
Selling can force pps to rise (areil sold 1m shares) stock went from .70 to 2.40
Management has passed every criteria I could impose at this stage in my career
Management owes stakeholders the same opportunities they gave their employees...options and liquidity
Stake holders have formally / legally given themselves liquidity
—-
Facts: it’s low float
Subject to small group of traders or hedge fund
Currently trading as etf (as I previously posted / anticipated) with exception of last 2 days...
They have assets to create back drop. The disparity between fundamentals and potential leave a vacuum of volatility.
We are trading closer to fundamental at “current” moment.
——
I don’t know what to call myself....
An active investor???....???
I try to be nimble (I missed my opportunity playing with kids to liquidate), but didn’t panic and sell once moment passed....I believed still a buy. Was waiting for what I call something...
And then “something” happened. Things changed since then and here we sit
——
I expect my kids wake....i warm milk....and a paper worth reading comes to my attention...and the sun still hasn’t risen.
——-
Based on the above and the paper I will know what to do!
Sorry, but I don’t think it’s as straight forward as you say it..
Why do you think jch filed legal action regarding rights as the sole holder of preferred units?
I agree with jch wants more; he may also want out or have significantly different opinions...
I don’t think you can make that assumption. There were failures to meet covenants of loan agreement. They could have been forced to provide equity to lender as well possibly a trigger of conversion price for jch.
I think hindsight may be painful and should be avoided no matter the income. I think this was the most difficult decision dauber had ever made in his career. I would be willing to bet a part of him wanted to take a “pay day” loan and give it a go....
I know they don’t have the pension for risk I do (maybe mine is ignorant / blind / and to modified in the future), but without getting into analogies I would assume the buy was cheap for Myers; while at the same time more than fair considering the predicament facing aeti.
Overall, i think you got this all wrong....
I did as well. I would have evacuated on the pop a couple weeks ago while i was playing in the yard with kids.....
Maybe I’ll change my mind. I try to be open minded. Trust me I say I looking hard for a reason to buy and change my opinion.
I’m the only buyer here.
Just wait....
1-3 years....learn something else
Make my day hedgy
“Mixed”
Not true. Happy new year!
You still don’t watch the 12 months clock? Even after everything I told you?
Maybe if you used your skill set with mine we would have both made a lot more money!!
I had 6k shares at ~ .87 and sold at ~ 1.30....I’m disappointed momentarily.
I’m tempted to take 500 shares and close my eyes for a year, but that goes against everything I have taught myself.
I will practice disciple in the face of missing out....and learn many things either way.
Well, it has appeared I was early in price....
Now let’s see if I am equally wrong in Time?
I don’t think so...
That’s a logical feeling....but we are dealing with a lot of unknowns unless you or somebody else can provide insight.
Under your scenario we are exponentially undervalued and at least more than a few hedge funds should pounce....if it fits within an niche they have experience.
I have issues with the foreign entities and their limited market (some entity interest)
The tape doesn’t look good.
Before when i took my massive position the entire scene had a more obvious undervalue element as well as the tape agreed. Now the tape is off and the companies scope is limited to an entire other profession.
I’ll do my best to keep this thought organized...
Your scenario means hedge fund is in play. A hedge fund can push harder than anyone can imagine in our scenario. Small Mc, low float, limited niche market.... extremely limited niche market!
They can test tolerance here; to a point even I have never experienced. Will they? I don’t know, but they can.
I see potential negatives on Friday call; however unlikely.
I don’t see positives though....
I see more of an informative call....but with a mere ~ 50 stock holders I don’t any “new selling”, but is selling already rampant? The tape is not positive, but at same time not clearly negative.
My negative potentials:
A covenant is not met as sale fails.
More cash is required to fulfill net cash requirement.
Jch elects to redeem thus forcing liquidation (this is where hedge fund has field day)
Bomay doesn’t approve and wishes to force dissemination.
Brl is going to turn, but that arguement is mute in the face of current market/currency.
The potential positives:
Co will stem the fray with pro bono work via board
The deal failed, but a lender has stepped forward with fantastic conditions....
What irks me:
Why did Myers paid $4.3m premium on a losing operation?
Why wasn’t it a compete liquidation?
If opmeheiner has anything to do with this??)? Expect hedge fund market volatility....
Tell jch to redeem. And turn this into a low float etf on steroids...both up and down...
I was supposed to be a buyer without hesitation here.
But the readjustment to cash of almost $1m is significant in my worse case scenario.
It went from a rounded down $5.2m to a rounded up $4.3.
The Bombay asset valuation is beyond me; I can only use logic from experience and assume red tape costs 10-25%. If it were under 10% pps would be significantly higher and of above it would make the asset useless. I see great value in the asset, but assume it to be difficult to find the right buyer(fit) if they wanted to sell.
The brazil subsidiary is a pretty straight forward valuation subject to currency.
The former GE hire and his team appear to have a good grasp of what their doing. His experience also hints he would be more than capable of scaling the operations. I think the brazil energy market is having a massive boom. It should continue beyond the foreseeable future.
Just look at the overall recovery, entrance of new firms, all at the turn of all time weakness in BRL.
The conference call?
I think date is chosen as last day to terminate.
Should have a final # on cash in hand.
Maybe expand on jch interpretation of his rights.
The company options going forward.
I’m assuming no ceo until they’ve tested waters a bit longer on finding a buyer or continuing operations.
Maybe board will run company pro bono for time being?
What catches me:
I am certain jch is obligated to extract as much as he can for his investment. His lawsuit in itself does not lead me to believe there are “hard feelings”. But I don’t know what his interpretation is; I am under assumption he wants to force complete liquidation.
I am also a strong proponent of management. I think dauber previous record attests to that, the overall team he was surrounded by attest to that. His inclusion of employee compensation on his way out; the way they controlled share structure....everything.
What are you thinking?
It wasn’t a thread of extreme depth; more of an idea of which I hadn’t ever entertained...
Thank you for that my friend.
Even though that’s part of the reason I never get to spread sheets....spend so much time reading and exploring theory, then vocabulary that I “should” be familiar with to fit pieces together of legal terms and concepts...
And then try and condense all that, with logic and my own experience into an investment thesis...
Thanks for sharing.
Everybody is over complicating everything. Some have done some research on timelines to add to the arsenal, but the fact remains the tape, and the share structure are the truth.
I’ll be honest, I’m getting a little gitty for the first time in forever.
The potential of an early data point release is caught in my throat. I still foresee a number that would put probability beyond doubt at an earlier date....
But one must realize biz is biz and cvm has been known to use sec shareholder protection laws as an excuse to do the opposite.
——back to over complication
Simple. Pps will hold $1 until a stage in the “so called $50m Mc” plan has been achieved.
Then the mechanics of the plan are in play. Period.
I clearly said when I bought and why; and the deer watched in the face of death.
I sold, as I said what appears to be quite early...oh well...pinch me.
A few additions:
Market makers make market
I haven’t and will never forget lightrock comment; will machines invest in us? (It was part of an AI conversation that I recommend everybody read to grasp the context)
Emotion and beliefs and excuses
The change in perception of reality based on color is amazing; there are very few who hold total accountability to their actions. I commend those that do whether right/wrong win/lose so as long as their is a basis of learning.
——-
The obvious:
You really think cvm would let sub $1 enter listing requirements simultaneously?
You think anybody buys of price only goes down?
The fact is very few caught the obvious, becuase it’s obvious based on movement and preceding conversations.
The other fact is I may get left behind IF my belief that earlier than aniticpates release happens.
However I highly doubt it do to the predatory financing activities of cvm.
I don’t believe in glta.
Do your work
Ask questions
Learn
Bad saying!
I’d use knowledge and say watch out for mandatory evacuation!
For the first time in forever...from “frozen”....
I sold out what appears to be early at avg 1.27....
Bought when I said everybody was a deer in headlights (in case that statement wasn’t obvious enough)
I think the time continuum forces another round to satisfy the so-called “plan”....
Well, to date you may be one of the worst stock pickers ever. Hopefully you are and have learned from it, but I do wonder what affords you to make such tragic decisions at six digits and consider it a learning experience!
Sounds a bit wreckless...but share accountability demonstrates position staked.
More than 20% of co is open.
The trader has not left the room
He is definitely much better than I