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The question is who is buying all this convertible debt ? I don't think retail will be buying this as it is plummeting into the ground,so who's it going to and how will they profit from it, and why buy it if it's worthless. Interesting question isn't it.
Can you share what rusty said to the board ?
Yes, good point.but I think they can announce if the deals went though. They will add a lot of accessories to this line if these dolls get popular. Remember Dora the explore my niece had all kinds of things with her on there. Bed spreads, garbage cans , toothbrushes, you name it.
Another thing about these dolls is they send a positive message to our kids. We are the melting pot of the world and these dolls represent that ! It's ok to have a doll that doesn't always match yourself but those around you. I think this is a great idea and media love positivity like Oprah.
I was fighting over them I Jacked some guy in the head and ran off with my doll :)
Yes, some big investors are being allowed to get in before we explode. Everyone knows this will be in penny land soon. This company is as real as it gets on t OTC.
I think this is the last of the loading going on before the push to penny land.
Well. At least we got some volume someone has been pushing this down to get some cheap shares. One of the things rusty said was it could be someone he is doing business with which could make sense because I was wondering why no one he was doing business with wasnt buying the stock if it's such a great Technology.but how are they able to push it down and when they get it down were are the shares they are buying coming from wouldn't you need help from a market maker to do that. Maybe because it is not a very liquid stock a group wanted to get in and made rusty an offer to buy some share as an investment maybe he issued some shares to someone. Look at the last month all the large volume bars. What reason would a converter have to take it so low unless they had someone waiting there to take the shares off there hands. It's anyone's guess what it could be either way maybe we will get some action around here soon.
That's what I don't understand why so quiet in Canada. Score up is the only ones in Canada that can use our product they used to post all kinds of news about developments on their site and all sudden it all stopped. Patricia Gingrich is also our cfo and has accomplished a lot including writing a lot of bestsellers. We have a lot of great people working for us . But some things just don't make sense to me. Credlogix inc owns the proprietary software not coho. So if a big institution wanted this technology they wouldn't buy coho they would buy credlogix from Rusty why would they want to buy coho. It's the Technology that they would want and coho doesn't own that. But rusty says all the money is going into coho, well I don't see any money yet, very little. Maybe he is just using the stock market for advertising to get his name and product out there so the institutions can see it and then they would buy his CREDLOGIX but not coho and we would not benefit from anything and we would not benefit at all.if I was chase bank or some other institution I would want the technology that coho does not own because Rusty owns it on the side. He says its on the side so coho doesn't have to take the burden of paying for the upgrades. The Technology is where it's at and we don't own it so we basically would have to trust everything Rusty says that he is on our side . But when it comes down to some company offering millions for credlogix would he really care about a few whining penny stock holders. I am not so sure. If rusty really cares about is he should start to speak up and give us more reassurance he knows we are having issues with this stock right now but does he really care enough to give us a few words of hope and confidence. It seems sometimes to me that he doesn't care. Just my opinion .
Yes. Those shares that were issued for consulting services should have just been paid by rusty himself since he has the money to upgrade the software were he said he spent his own money around $250,000 why not just pay the consulting instead of diluting the stock at cheap prices for millions of shares. Rusty said they have the money and don't need to sell shares . I really don't trust anyone anymore. Rusty has done a lot of talk. On one investor update he said he would update us on score up soon that they have been expanding there Business. On October 17 2014 in an investors update he said( Our Canadian Partners, Score-Up has also been working hard branding and building major relationships. We are proud to license our programming and collaborating to offer the best products in all North America. I will be providing press releases soon on the new ventures they have put together which is a great revenue stream for our company ) that's was almost a year ago and so far nothing on score up or a follow up on that statement. Why not, where are the major relationships that he would announce soon. Where are the millions that LEF were to produce. We're is the .07 to .10 cents a share we are worth. We're is the buy back . Why all this silence. Has he really come through with anything he has said ? I am not so sure. I have a lot of money invested in this stock because I once again trusted someone that I believed in. I thought this penny stock is different . It is a real product that nobody else seems to have . Maybe these converters are the only ones we can rely on to bring the stock up. Because so far after 2 years all that has happened is this stock is going down and we are all losing money at this point. If this stock doesn't work out for me I will not be doing anymore investing in penny's but just playing them because that is all they are worth. I though this one and rusty were different but I am losing my patients. I was up $100,000 at one time but I believed in rusty and did not sell . I will give him another 6 months and that's it for me.
It's hard to know exactly what is happening we can only guess. It seems bkrt has been trying to lower the ask with smaller share trades and blocking it with higher ones maybe with help from other mms to lower the price to get to someone with larger bids. The reason for this we can only guess. I think we might be ready to go up soon. The financials are right around the corner maybe there will be stuff in them that we might like, who knows. But if they are going to lower the price we should take advantage of it but most people will do the opposite that's probably why they lower it before some entity loads and is how they get it so low create lost hope type of feel.is my guess and it's only a guess.
Sometimes they like to save a few shares for an investment to sell them to a second party if they think the company has potential. Maybe the converters found a buyer.To my knowledge there is no time limit on when they have to sell them. But a buyer wants them cheap and wouldn't agree to buy them unless they knew something was coming and can get rid of them. It's like someone was waiting for those shares because after the two years waiting like we have been doing most retail is tapped out and wouldn't want that many shares with the sluggish volume we have had in the past and not being able to get rid of them easy especially that many shares that has traded the last few weeks. Rusty would have said something in that email because that question was presented to him and all he knows is that there was probably still some left form the old conversion unless he's lying about everything and that's not good. But I think something could be coming around the corner soon and maybe someone is getting ready for it. Just my opinion of course. Guess we will have to wait and see.
This is from rustys email and also cardiac kid found the same thing. Old notes being converted. A quote from rusty email--( I do know some shares were deposited from a company called Tangiers from shares they acquired 2 years ago) that's who's probably doing it or else rusty would have said there are new recent notes out there and he did not.
Looks like they are working hard though that's a good sign.
Thanks for sharing. Sounds like things are going to take a little longer then expected. He didn't mention anything about the commercials or other advertising and how that's going or score up. Guess we have to wait and see.
Nice job. Let us know what he says.
Should be due by mid November but sometimes they come out with it early. We usually have over $100,000 in revenue I would think that would be from score up in Canada. There's also that Oliver guy from credit ladder,wonder how he is doing and those debt companies we are working with and some commercials were supposed to air on lifetime for a month and a half. So we will probably get the $100,000 or so from score up as usual hopefully more this time and all the other stuff we have going on. But I wouldn't expect to much,I think the financials after that should show more of a turn around but it would be a nice surprise if we had a good one this time around. That would make a nice holiday present.
It does make sense. There are so many different scenarios that could happen but it's fun to discuss it while we are waiting. Thanks for spending the time on the research.
And no one is going to take all those shares in a dead stock with No volume unless they knew they could get rid of them. That's a lot of shares and a lot of money. Not just some dumb blind investor. We might have something big coming. Follow the money. Let's hope I am right.
I am sure rusty didnt know about them because he was new to publicly traded companies. He was just happy to get into a shell at the time. But he knew about it recently. So why not buy up the cheap shares they can't get any cheaper then this. But he probably couldn't get any because they are being sold to someone else. But he could soak up some of the cheap ask prices.the converters would make there interest and there $30 grand no matter were they sold it,but at cheaper prices who ever bought them would get more shares at a cheaper price. So I think there was some agreement with an invester that wanted a lot of shares at a low price. It just seems weird that the price dropped all of a sudden and then all the large selling who was ready to buy those not us we were already all tapped out from the last two years. The converters can't really invest but just sell. So why the need to drop the price to convert so many shares I think it was for someone else and why wait so long to convert when they make there $30 grand and interest either way at any price. A lot to think about . But I guess we will find out soon.
So if the note has a term of 1 year at 10% it would be beneficial for the converters to hold it almost a year and get the 10% interest on the note then sell right before the year is over but then coho would have a chance to pay it off before the conversion if they had the money, and the converters would have to sell the shares before the year is over if not paid off. Is that right ?
So it went through during the day sometime but wasn't really shown so they showed it after the day ended. I also heard that when the conversions happen we don't see the actual conversion on the ticker but only when it's sold. I always thought they converted on the bid and then sold but then I was thinking the volume wouldn't be buying or selling if they converted that way because nobody actually bought or sold yet so it's only selling volume. So the converters never own the shares for an investment there always selling to someone else. I guess there not in it to invest but to get the interest and the 50% discount. But who buys these large amount of shares I thought all of us were all Tapped out must be a second party that wants cheap shares for an investment some group. But who knows can't ever figure this out .
Let's hope whoever got them wants to invest and not sell until we are in the penny's. Let's hope they talked to rusty and he did a good job selling this stock with lots to come. Who knows are day could be right around the corner.
Well somebody's getting a lot of shares at cheap prices. Hopefully a group that will promo the (s) out of this soon. At this point I wouldn't mind a little promo. Why all these conversions a month or so before the financials. Maybe they want to invest in our stock and maybe this is a sign of good financials finally and more to come. Just a thought ;)
Are you saying you picked those up ?
There goes another 6 mill at end of the day on the ticker at .0008
I hope the convertible is done. Do you know why it takes so many days to convert these shares why can't they just do the whole thing in a day or two instead of weeks ? Is there some rule about how many they can sell each day ?
So what were we supposed to do. Oh ya, sit back and relax and watch things unfold. Well things seems to be unfolding pretty well as far as the stock goes,lol,as the float gets bigger every week. Rusty said trust him, is there an expiration date on trust or does it go on forever. These next financials better show a little progress. With 50 days or so of commercials there better be some people signing up. You think rusty could have posted some success numbers for the month.
Yes, we have more news to talk about then 90% of most of these penny stock but rusty doesn't want to talk about it. All he would have to do is come out with one release minimum every 2 weeks and the stock would slowly go up. And as time goes by we would keep growing as a company and have more and more to talk about but now all the momentum is gone and all prior news releases are basically wasted because you have not build up momentum or interest overtime. It's really pathetic at this point. I bet if I ran a hotdog stand I could get that stock up higher then this one.
Looks like your right. Thanks.
I didn't hear anything about Ezjr divesting in lef they are still under their subsidies in their website check bottom of page http://ezjrinc.com/about-us/
Thanks for the recap. I guess this stock will depend mostly on the earnings when we get them. I think this next quarter will tell us a lot about the progress of the company and if we have turned the corner yet. I would expect better earnings than last quarter on this one and the company moving forward from then on.
We all have the right to be pissed off. Enough with the promises of the future it's time to get some results. Remember we are going to .07 to .10 cents minimum. Lol
Yes, sorry for the rants but come on already. All we get is some stupid song on Twitter.
This could have been avoided with just some simple updates once in a while from the company. Rusty doesn't like flippers he likes real investors but what you are attracting now by not coming out with an update here and there is exactly that. Flippers love these levels make 100% easy on a flip. It's a shame. These are probably people selling that have been loyal to the company for almost two years and have had enough.we haven't even been given the web address of that marketing company kalypso yet so we can see who we are working with. Why not, is it still a big secret after a year. Can't we as investors at least have that !
Ha,ha,nothing wrong with a little humor while we wait for our riches.
How fat is this guys finger? The 1 is on the opposite end of the keyboard then the 9 or 7 Who is this guy King Kong. Seems strange to me. Maybe it's a signal of things to come ;)
Ya, and it (f) up the chart just my luck. I guess I can't use my charting skills on this one anymore,lol.
That's funny. I thought last year was supposed to be the exciting year. This year is almost over so I guess next year will have to be the exciting year now. Lol. Still like the product so i guess more kicking back and relaxing :)
I think in an email rusty said he spent over $250,000 thousand to upgrade the software of his own money but he can't find the money to buy back shares at these ridiculous prices. But can sell shares in the Triple zeros. I will keep buying, I can't turn back now. Come on rusty lets get your ass in gear and show us what you have been hiding .