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A Reverse Split is a last ditch effort to save a bad company. The stock price will continue to drop to the .000 level. If you have got to own this company just wait the price is going down to the .000 level and then you can be a bad holder
Pay down debt, buy back stock and R/S makes no sense.
If you want to cut the float down buy your stock back, don't R/S and hurt all shareholders. If you are making money buying your stock back is a good option because that will make the stock price go up. When you R/S you are looking for more ways to get money.
The filings they are making or simply not the truth. PPJE is not making any money, they are fudging the numbers. I know you don't think this company is making money, not even close. If they were making money they would be buying back stock, not R/S. If they had earnings they wouldn't have to R/S to make the stock price go up. The reason the guy paid ten cents for PPJE is he thought PPJE was making money and now he knows the truth. PPJE is not telling the truth on the reason for the R/S, they are just using a tactic to suck more investors in
PPJE R/S
How can you offer dividends in your company when it has no money. This is a very deceptive practice used by Penny Stock companies to talk up their stock price. PPJE says the only reason for the R/S is to get the stock price higher, NOT TRUE. They need more shares to sell so they can get some money for bills. PPJE may have reduced its O/S shares to 60 million but I bet their A/S shares is still at 7.5 Billion. They used up 3 Billion shares since may of this year if I am figuring it right. Where is the money they said they were making from earlier prs, they call it stretching the truth.
The guy talked about paying ten cents for this junk, I can understand that. PPJE puts out news that is not the whole truth and it misleads people to investing wrong. I don't blame the guy, I blame PPJE for this and they should be the ones paying not investors. Don't waste your money own this junk, they are out to take your money.
You are right about the stock price going to .01 and the R/S did cause that to happen. The problem is the .01 will not hold because investors can see what is going on, they want out. There is no investor in PPJE that is making money pre split on this stock, excluding the CEO. All penny stocks I know that R/S do the samething and go back to nothing. By the way the stock dividend that PPJE gave to shareholders is WORTHLESS.
You are right my mistake on the volumne
Why can't you blame the company for this, they are the ones that R/S. Like one guy said PPJE didn't R/S for money, your and his statement makes no sense.
I don't why you don't think this is dumping, pre split this would bw almost 8oo million shares. People will continue to dump because of the R/S, aleast for now you are able to trade the stock. People are getting out of PPJE, they want something for their investment.
Just hang in there, they will get cheaper .0001 coming
I'm not real negative or positive on PPJE because of the R/S. Almost all Penny Stocks that R/S will go back to their original pre split stock price. If you wait this thing out you will get alot better price than you will now. Notice no volumne, that means no buyers and that will make the stock price go lower. The only reason PPJE, R/S was they need money. Investors know this and that is why the stock will go down, never by the argument that we are R/S to get a higher stock price. Management will tell you this but they are trying to put a positive spin on something very negative.
PPJE stock price will drift back down to the 000 range, the dividend they just offered is worthless. It is away for the company to get the share price up and nothing has changed. Just like all the other penny stocks that R/S, the shareholder pays the price. The only reason they want A/S down is so they can spend some money the company doesn't have. They call it milking the shareholder.
Ramo is done as a penny stock. When you start trading five to one hundred dollars a day in a penny stock, that means the end is near. Ramo has lost all investor support, maybe a few left but no big investors. A penny stock like Ramo has about a one and ten million chance of coming back. I see two things happening with Ramo. One thing Ramo could do is sell the company and change the name, the other is sell it as a shell company but that want be alot of money, might be better than nothing.
BEFORE YOU BUY A MUST READ, RAMO A FRAUD
The SEC is calling Ramo a possible Fraud
The final stone which turned the cart was the unsolicited label which was put on the company by OTC Markets. In general, this is a detrimental state for any company, meaning that there is no market maker to keep the trade of its stock going. This also means that the current quote of RAMO is a quote of a random offer by any possible individual interested in the stock. The SEC warns that companies bearing the unsolicited sign are very susceptible to fraud.
In this respect, ceteris paribus RAMO stock would most likely suffer from the combined effect of the described factors. However, due to the lack of objective quoting it is possible that RAMO behaves in a most unexpected manner on the market, which can trap the unaware investor.
Not nuch difference in what I said, you have got it right. Don't forget to mention the SEC said they could twist things which is Fraud.
Tell me, why would anybody buy this stock, I personally don't think this stock will rise like that again. Ramo has lost most of its support, that is why I think it will go lower. Ramo can put out any news they want to, investors want believe. Without a Market Marker Ramo stock is done.
It would if Ramo would stop messing with the stock price. This Junk is work nothing, reguardless of the Float. It probably want reach .0001 because Ramo is controlling the bid and ask. The SEC said you have to watch Ramo because they might twist things in their favor, watch out investors
The SEC is calling Ramo a possible Fraud
The final stone which turned the cart was the unsolicited label which was put on the company by OTC Markets. In general, this is a detrimental state for any company, meaning that there is no market maker to keep the trade of its stock going. This also means that the current quote of RAMO is a quote of a random offer by any possible individual interested in the stock. The SEC warns that companies bearing the unsolicited sign are very susceptible to fraud.
In this respect, ceteris paribus RAMO stock would most likely suffer from the combined effect of the described factors. However, due to the lack of objective quoting it is possible that RAMO behaves in a most unexpected manner on the market, which can trap the unaware investor.
You will not answer my question, would you sell your company for 35,000 Dollars if you had 500 million in Revenues coming in? You know this is SCAM numbers they are throwing out. If you are telling somebody to buy this stock, in knowing the question I just asked you, is that not a SCAM. Why want any of you answer the question?
There is no room for discussion, Ramo is a SCAM. I just want to remind people of this so they want buy this stock.
Since there are no market makers in Ramo, who controls the price of the stock? I would say Ramo is controlling the price because it should be at .0001.
That is the problem, They have NO Financals, they make NO Money. This is exactly what we have been talking about, they have No employees or Company to make money with. Why is this so hard to understand, you can like Ramo all you want but it doesn't make it a company
ESI knows what he is doing, he doesn't want RAMO that bad. If I thought it was going to six cents, wouldn't matter if I paid .005 or .009
It is to late to put out news in Sept, news on Friday is never good. Just hope they don't have any news after the close on Friday.
Why don't you get it, there is no bid support for Ramo because it is going lower
It's time to BLAME RAMO, believe me the loss will only get greater, .004 is better than nothing
I don't understand why you are saying that someone is knocking the price down. It is Ramo who is knocking the price down, about time you put the blame on the right people. Yes it is some unfortunate shareholder selling that is bringing the price down. The reason the shareholder is selling is because this sorry management has not done one thing to back up any of its PRS. Has Ramo ever lied to you, answer that question, you don't need to because I know the answer. Let me change the question, has RAMO ever told you the truth, I can answer that one to
I personally think the stock is going to Zero and I think the bid structure is beginning to support that price. Ramo has let so much damage happen to this stock, it want recover and there is nothing Ramo can do. The writing is on the Wall, ZERO
That makes sense but I will never again invest in a company that doesn't have a service or product.
Apparently you have realised that Ramo is going lower and you want even buy it at the current bid. Maybe my post are helping people make the right decision. Something changed your mind from .01 to .005
I noticed you didn't buy the 100,000 shares you promised to buy at 3.00, maybe you are beginning to see the light.
Buckeye sometimes days are slow and you can get by staying on the computer to long. I am self employeed and computers is not my thing
You are in a position that many of us are not in with Ramo. Take a chance with free stock in Ramo, I like that kind of investing, good job
I have done alot of investing and made many mistakes. Ramo is one of them, in all the companies that fold like Ramo will, they are all alike. You can never find anybody at home doing the business, some of them will aleast have an operator. Ramo doesn't have a Phone are anything, how can you expect them to function. I can see how you can be mislead at the start but now after all these months. There is only one company worse than Ramo and that was ARTS.
The reason companies like this keep popping up is the SEC want do anything to them. The only people that lose is the shareholders and that is not right. That disclaimer at the bottom of the PR gives these companies the right to cheat people. They need to take out and you would see a big change in what these companies put out.
Telling the truth will always lead to Greatness. Ramo is the one that has a chance at Greatness, time to produce.
You can Ignore me all you want and that is fine. You can ignore the truth and that is fine but it will cost you, remember the truth will set you free. The day is coming real soon where there want be any post or any volumne in Ramo Stock. That means the stock is dead and even more lies want make a difference at that point.
Why don't you talk to Ramo that way, they are the ones that is stealing your money. You could get in Contact with them and express your anger, if you could find them and that would be the challenge
I'm not the one making all these claims that we have all these Multi Million Dollar deals setting on the shelf. Either you do or don't, easy to prove. Ramo needs to show the proof so you shareholders can make some money. If Ramo can show this proof the Shareholders can make alot of money. Problem it is a lie
I don't know if my post affects anybody, if it keeps one person from buying I will take it. By the way I haven't seen any buying lately, who in his right mind would pay .009 for this stock, NOBODY. Who in his right mind would pay .002 for this stock, NOBODY. Who in his right mind would pay .0002 for this stock, NOBODY.
I say Ramo's stock will hit .002 before it will hit .02 and then it will continue to .0002