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Mark did not sound like his normal enthusiastic self when the financing question came up.
Agreed, gonna be a long spring/summer.
We'll agree to disagree. EOM
By that logic, we must be in another quiet period pending the "BIG F" since there hasn't been news in the last day (since the PP news).
And as for the "cup and handle", post a pic of the NIOBF chart, either from the TSX or OTC, and explain where the cup & handle starts and ends. Because quite frankly, I don't see one...anywhere.
Thanks.
Reading this was like a breath of fresh air.
Well written, honest and balanced - unlike "...quiet period due to pending big 'F'!!" being harped about for weeks.
I certainly am frustrated as well. Still long, waiting for the financing to come. Will ride this out regardless if it goes six feet under or rockets to the moon.
Thanks for the post, HK. Good luck to all.
Ummm...they aren't feeding cows in the Philippines. That, I can guarantee.
Not in the Philippines, not anywhere.
Just more fake news.
Wow! This is the first post in a LONG TIME that I actually agree with you. Any sheeple thinking of investing in this should do the following:
-do D/D. The sheeple will find that all the fake projects are indeed fake. All fake contracts are actually fake MOU's and all fake partners are fake.
-Are the board posters investors? Indeed, that is the question the sheeple have to ask. Based on the D/D, who will they believe? Proof is in the pudding.
-What the sheeple don't know will hurt them. Agreed. If the sheeple don't know that the "management" is only enriching themselves at the cost of the real shareholder, it will hurt them.
-Get in the loop! Indeed, get in the loop. Trust the d/d that proves 100% without a shadow of a doubt that this is a stock selling scam, designed to only enrich the management and make the sheeple lose money.
Yeah, he bought the fake company shell from Carl. And all of his shares he bought at an 80% discount are probably pretty darn close to profitable.
See how this works? The insiders make money, the REAL shareholders (sheeple) get fleeced and fed fake news.
Still supporting Schewe & Carl after all his lies? That's sad. You've been here a long time. I can't believe you still have your blinders on.
Hard to say.
It was expected since they re-insured all of their life insurance holdings with another company. They took a lump sum amount of cash instead of the future payments on the policies.
Frustrating because here we go again, late on the 10-K. Hope we don't have to wait until September to get the 10-K again. It's pretty pathetic, actually.
I'll be more interested in the 1st quarter report, due in May. That will show how much interest there has been in their new MYGA product. I am expecting at least $1,000,000 in MYGA sales. Anything less will be disappointing. Q2, at least double that.
Just my opinions. They have a lot of work to do.
Typical. No projects, no revenues, no nothing.
Noticed that Carl Kukkonen dumped 30,000,000 shares. He gained anywhere from $100,000 - $200,000. Free money.
Too bad the real shareholders dont get to dump their shares for that much money!
Almaden Energy value is now $0. This was just a shell set up to funnel cash to the management.
Nicaragua "project" - it was dormant during 2018. Value is $0.
CES - Viaspace took an ownership position in this "company" with "BILLIONS" of dollars worth of projects under management. Guess what? Value of that ownership is $0.
All this is verifiable in the 10-K.
Those are the FACTS.
10-K due by end of day - or will they file an extension because they're too lazy to get it done on time?
Watch the scam grow!
Exactamundo.
Yet somehow, the sheeple still get suckered in with promises of fake contracts, fake "organic revenue" and fake shareholder value.
This is the green Enron 2.0!
Thank you, Stark!
Would one of the board mods update the outstanding share count in the Ibox above please. Last it was updated was August 2016.
Thank you.
I will beg to differ. Any revelation of their financial position would give insider info (material news) to one, possibly a few (posters here) instead of the investing community in general (news release).
If Jim would tell you "Niocorp has exactly $89,000 left in the bank but financing news is forthcoming." That would be giving out material information, and henceforth, illegal since it didn't come from a PR/news release.
If Jim would tell you "Niocorp has exactly $89,000 left in the bank, financing news isn't coming, and a Lind loan is forthcoming" would be material information, and henceforth, illegal since it didn't come from a PR/News release.
We can all guess as to the financial position of the company, but I won't read to much into Jim declining to answer the question. He's being safe and looking out for the best interests of the company and, in a way, us.
Until a news release is put out saying "Financing achieved" or "Private Placement" or "Lind loan" or "CEO loan", it's all conjecture.
I don't believe we are in a quiet period at all. Just my two cents.
How was it determined that the company is in a "black out period" pending financing news?
By the end of the this upcoming week, the 10-K should be out. Will be interesting to read all of the fake news.
New 8-K filing out.
On March 21, 2019, the Company issued 939,706 common shares of the Company to Lind upon conversion of US$350,000 in principal amount of the Convertible Security at a conversion price of C$0.49555 per share.
https://ih.advfn.com/stock-market/USOTC/niocorp-developments-ltd-qx-NIOBF/stock-news/79535878/current-report-filing-8-k
I doubt that. How are the other "29 million" shares you supposed own doing? I bet it is sitting around a 90% loss.
Oh wait...all of those shares were sold at a loss...while telling everyone to buy, right?
joshgets,
Please kindly explain to the rest of the shareholders, after 12 years, with all the facts and evidence presented, why Kevin, Carl, etc., should continue making salary, bonuses, benefits, etc., despite this being a fraud?
Carl has used shareholder money to buy himself a vacation home in Nicaragua.
Carl used shareholder money to vacation/travel the world with his wife.
Carl used shareholder money to buy rental properties for himself, his children & grandchildren.
Carl signed fake MOU's with fake companies in order to get you to buy shares, which in turn, put money in his pocket.
Carl *never* earned one cent of his salary. *Never* earned any of his bonuses, benefits, etc.
What has Carl done for the shareholders in 12 years?
What has Kevin done for the shareholders in 9 years?
Kevin has continually lied to the shareholders, just like Carl. "Organic Revenue of $600,000" "Plans for this and that..." "Building shareholder value". All lies.
This entire fake company was set up to benefit only a very small number of management/insiders (Carl, Kevin & Haris).
And the sheeple continue to ask Carl & Kevin "Please sirs, we would like some more."
I just cannot fathom why, anyone in their right mind, can believe that this is legit? Unless of course, you enjoy giving your money to thieves.
Again, who is the UNNAMED industrial customer? Another fake company, with fake revenues, fake projects and fake employees?
Why is management so scared to name them?
Hystart has already stated the hydrogen gas project is DOA. He's knowledgeable in such things.
Who is the "animal feed business entity" in Florida? Another fake farm, with fake farmers and fake cattle to feed the fake grass?
This is just too funny!
Watch it!
Here is a site I use to find the short volumes on the OTC (US).
https://otcshortreport.com/company/NIOBF
It shows naked shorts and equity shorts, on a bi-weekly basis, for the most part.
Looks like 100K NIOBF short on the OTC, but hasn't updated since the beginning of the year.
It's in the SEC filing located here:
https://www.sec.gov/Archives/edgar/data/1270200/000156459019007105/vspc-8k_20190306.htm
The aggregate consideration paid was $500,000 and was made through an all stock purchase of 775,984,665 shares at a price of $0.00064434263, the prior 12 month weighted average stock price.
What is strange, is the shares issued to Schewe to buy his own company, were issued at a 12 month weighted average price of $0.0006. Why didn't VSPC issue shares at the current price, or 5 or 10 day weighted average? If they would have used last weeks avg share price, less shares would need to be issued. Based on a share price of .0027, Schewe would only get 185,185,185 shares.
That's the scam. Schewe gets 775 million shares at another 80% discount - which equals a $1,500,000 gain (on paper).
I'm not sure little "richard" even knows what the truth is anymore.
1. Desperation because he invested money he couldn't afford to lose on hopes, dreams, unicorns & rainbows, still trying to salvage what little money he has left by trying to sucker in other people to buy his shares.
2. Paid company shill. Could be the mysterious "3rd party payer" who pays certain bills on behalf of the company, because the company issues him shares and he gets 15% of the proceeds.
3. Insider, most likely Carl, sitting in his hammock, trying to get people to buy his shares, so he can upgrade his car, go to (insert country here) on vacation with his wife.
Nobody can blindly cheer this company on for so long, despite the proof and facts and not be one of the three above.
Hmmm. I seem to remember you saying the same when the price was .01, .009, .008..etc.
Anyone who bought then lost, and are still losing money.
This is a share selling scam. Designed to take investors money and put it into the pockets of management so management can travel, buy vacation homes, investment property and cars. The investors get the shaft.
Fake news.
Facts don't care about your dreams. And you trying to prove otherwise with...Youtube...proves my point.
Business plans based on hopes and dreams are terrible. Walk into a bank to get a business loan with a plan based on dreams. See how long they talk to you.
Dreaming isn't a good business plan.
No, fake MOU's, which aren't enforceable, have been fake signed.
"Projecting" $300,000 of revenue. Just like Schewe said "$600,000 of organic revenue", which never materialized.
They've been positioning VIASPACE (Viasucks) for 12 years now. Nothing.
.0027 is grossly overvalued. Should be .0001 at best.
"We" won't receive anything because nothing will come of this.
Facts don't care about watching it grow.
Secondly, you have up to 12 months from the date of your prospectus to raise the funds.
Commonly, it takes three to six weeks (really fast is two weeks)
Ummmm...no it's not.
There is NO GKG growing in California. They terminated the fake lease on the fake "test plot" a year or two ago.
No announcements of their fake ditchweed growing ANYWHERE!
More fake news courtesy of the sheeple!
Originally, around 2008/2009. I was a Northstar shareholder, which merged with Midwest a few years back. I added some when it was in the .02 - .10 cent range. I pick some up on the dips. Company is pretty good about responding to shareholder emails. I've sent them a few and hear back within a day or two.
Not a bad plan waiting to see results before picking up more shares. 10-K due by end of March, with the 10-Q about a month later or so. I don't think there is any need to rush it.
Take it easy!
Yes, there is. They just began offering a new product, the "American Classic" end of January. It's going to be a game changer! Your call as to whether or not to add to your position, but I would be buying! They also updated their website, which you can see by following the link below.
https://www.american-life.com/product/american-classic/
The reverse split is coming.
Wait, watch, whine.
Just remember...I told you so.
This is too funny. The "contract" isn't a contract at all.
Page 20...what does it say?
"LETTER OF INTENT"
Page 22...what does that say?
MEMORANDUM OF UNDERSTANDING
The pictures of the fellas sitting at their table. MOU SIGNING.
This is going nowhere!
No one can find anything about Germade, Inc of Korea. Nothing. There is no mention of it...ANYWHERE...other than in a Viaspace press release.
From the previous press release...Viaspace also did not mention how much they were "buying" Elite Therapeutics for. What "company" does that?
Sheeple are getting fleeced, just as I said they would. But hey...keep buying shares. Carl, Haris, Jan, etc., love selling them to you!
Sooooooooo.
Do me favor, everyone. Google search "Germade Inc." or "Germade Inc. South Korea"
Tell me what you find other than the VSPC news release.
That's all I need to know.
Thanks.
Nice ending to the week! Up 31% today.
I hate to tell you this, but Carl's business plan was to only sell shares to fund his personal vacations, real estate aspirations and buy a vacation home in Nicaragua. Bomb sniffers, batteries, artwork, green logs, green energy, all fake. None of it was real. All fake, designed to put money he didn't earn into his pocket. Kevin will just rinse, wash and repeat the process.
Ich hasse es, Ihnen das zu sagen, aber Carls Geschäftsplan sah vor, nur Aktien zu verkaufen, um seinen persönlichen Urlaub zu finanzieren, Immobilienbestrebungen zu finanzieren und ein Ferienhaus in Nicaragua zu kaufen. Bombenschnüffler, Batterien, Kunstwerke, grüne Protokolle, grüne Energie, alles Fälschung. Nichts davon war echt. Alles Fälschung, entworfen, um Geld, das er nicht verdient, in seine Tasche zu stecken. Kevin wird einfach spülen, waschen und den Vorgang wiederholen.
Apologies, you are right. It was over $5 for a brief moment.
The $912,000 in liabilities are DEBT. They "owe" $749,000 to Carl for something, what they owe him for I don't know, he never did anything.