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One reason the pps dropped today is that many defected to CKYS to try and sit on the possible run there. It may help XKEM in the long run because once the run stops many will return buying larger numbers of shares.
Quick question what happens at $1 when all the millionaires sell their shares, do we drop back down to pennies again?
Yeah, like sell your 75m shares now, drive the pps down and then buy 150m when the pps reaches 01 cent. I didn't realise Blech was in here by default, I'm going to have to think about whether I want to be involved with such dodgy associations!
This news is not good in my opinion!
Good riddance to bad rubbish. He and our glorious commander in chief failed to grasp the most basic concept in warfare and that is to dominate the ground. By fighting a political war and not a military war he has put the lives of our servicemen and women in more jeopardy not less. I defy anyone here to say that due to the enemy gaining a monumental foot hold in Iraq, 3 years down the line the situation is not 10 times worse than it was at the end of the war.
He should have been sacked in 2004 instead of sidelining Colin Powell (the only one of those 3 that knew what he was doing)
Sorry for sounding off but Rumsfeldt is a dic&head as far as I'm concerned!
Hi Newbie onboard why is GBDX such a rivoting buy. Surely the russians are the least eastern european businesses to trust. This pipeline for the diamonds could be closed in a heartbeat!
I am on the sidelines currently!
Cheers for the info I thought it was a new pr not old news!
You've just posted what a great piece of pr this is everybody should read it,
Question: read what and why can't it be posted on the board?
BD how come you can't post it on the board?
Can anyone tell me if there are any gaps to fill below the current PPS? MTIA
My apologies if I offended you I was just trying to show that the rebound you were hoping for at the end of the day may not materialise. I certainly do not have any preconceived ideas about anyone and would not presume to 'preach' to anyone on any board.
Hayloft
Foxwood, unfortunately there's one thing I've learned from investing and that's to follow volume. If there's high volume selling, 99% of the time it's because funds/mm's (people in the know) know something we the retail investor don't. I am expecting bad news of sorts soon. However, unless it turns out to be catostrophic think about 12 months down the road! JMO
If this is still 0.02 next june then I'll start to worry!
IHDR. Are you as sure about CKYS being a winner as you were about GNTA being a loser? MTIA
It seems that it isn't taking too long for these individuals to sell these 1m/2m shares, which means someone is accumulating. I agree the chaff is about to be tested and yes we could go as low as 01 cent but the long term prospects are the main reasons to hold this stock!
It wouldn't surprise me if it's a reaction to that bum post about a kid dying from taking nicosan. If anything needs SEC scrutinisation, it's where that post came from!
I take it that's a positive thing?
Many thanks to all who replied to my question on consumption, much appreciated!
Blimey!!!
Can someone confirm whether nicosan has to be taken constantly or not as I thought sufferers with sickle cell disease have the pain periodically. Obviously, it will affect revenues if the drug needs to be taken 365 days of the year.
Many thanks in advance!
Good evening everyone, newbie onboard. Hope I've made the right move!
Just sold my last 1m as I don't believe management have ability to deliver. IMO all they've delivered so far is hype.
I'm not in the habit of posting on boards I have no interest in, so good luck to you all!
Are you trying to tell me that that was the specific developement he was on about, well break out the champagne. I bet someone bought a few bottles of champagne after they dumped all their shares last week!
October 16th, 4.37pm ET here's the end of a quote from BOB.
'In addition, starting this week and next, the Company will announce a number of specific developments and opportunities which position our company for rapid growth."
I don't know about you but I'm still waiting for those specific developements that will position RSHN for rapid growth.
I've got a fact for you. The PPS is down 25% in the last 5 trading days. Where is the news that Bob promised his investors, US?
Maybe I'm synical in my old age but don't it seem strange that someone sells their shares as they put out news of 'potential' deals forthcoming?
I was hoping that this board wouldn't be like all the other 'he said, she said' bulls&1% MB's, obviously my hopes were way too high!
Question from a newbie
According to the 8K Chassman could have a further 8,333,333 warrents which she can exercise at 04 cents for 5 years.
I don't understand? Why would she exercise those warrants at 04 cents when the PPS is expected to move north of that figure quite dramatically over the next 12-24 months. Surely the management don't believe that the PPS is going to stay at the 04 cents level for the next 5 years?
I'm obviously missing something in my naivety so could someone please explain it in layman's terms to me.
Many thanks in advance,
Hayloft
Lyteinvestor thank you for your time!
Hayloft
Good afternoon, I'm a newbie. Could someone enlighten me as to who Ms Chassman is/was and why she is supposedly selling 2m shares. Many thanks in advance!
What's the deal with Chassman? Is there some kind of problem over her financing our bridge loan? Many thanks in advance from a newbie!
What are the other 2-3 diseases it may treat? TIA
Hi Bob, thanks for that intelligent comment, if you read over my previous posts you would understand why I am no longer prepared to be 'one of the sheep'.
In short I hope you never have to learn the lesson I've just learnt from GNTA.
Finally just because I don't agree with the way the company is progressing doesn't mean I am a basher, I am just a concerned investor who isn't going to get screwed again if I can help it!
Finally any time you want answer the questions feel free to do so!
It's not a matter of being sat in the dark it's a matter of choosing not to wear rose tinted glasses.
Q1. Please list ANY deal that has been signed dealed or delivered and has proved beneficial to the company.
Q2. Please list ANY promise that good old 'Bob' has kept in the last six months.
Q3. Please show a chart for RSHN that covers the PPS over the last six months.
I deal in facts not supposition! When or if Bob ever decides to get his fat act together and produce proof of REVENUES (heaven forbid)I will wade in hand and foot but for now it's pie in the sky on hype after hype after hype.
I'm obviously under the misapprehension that investors expect to make money not lose it!
Yet again it's bulls&$!t. Yet again another 'maybe', 'might be' 'expected' and 'potential for' but NOTHING concrete. Also why tie ourselves down to one distributor, anything happens to that one distibutor we have nothing.
I will sell 50% of my remaining shares monday, which will leave me with a bunch of shares for a speculating pink sheets pumping stock.
Yours most hacked off, Hayloft
Historically a high percentage of reverse splits sound a dooming echo for the PPS. Companies carry out a reverse split as a last resort after all else fails.
RSHN wants global partnerships period, as this will lead to distribution deals and greater income which will convert into a higher PPS.
I'm all ears waiting for Bob's info concerning stores/gas stations and any other outlet that might want our product.
Time to put up or shut up!!
Nowadays funds control what the PPS of a company does. Prepare for the worst and then when good times roll along savour the moment.
Remember a loss isn't a loss until it's realised. Be patient and xkem will deliver a profit for you!!
For me this the last chance with RSHN. If they don't come up with anything decent I will be out. It's time for management to perform and deliver the goods to provide an environment for ''rapid growth''.
Here's hoping! GLTYA
If there is news about a substantial long term contract I hope to god that they've got a facility ready to produce it all. The pink sheets are littered with companies that failed to deliver on their promises.
Consolidation news about a 'partner' (deal done and dusted) would be excellent.
JStellar, what being in business for 28 years whilst making a go of nothing tells me, is that Corr is a survivor and whilst he's getting a salary from every company he's ever had, the retail investors have so far seen nothing to show for it, unless they sold near the $0.01 mark.
I for one hope Corr gets serious help to close these potential deals because I don't think he has the ability to do it himself, that's why I was happy for Lynch to get in on the act.
I've seen a company fold because the management preferred to have 100% of nothing rather than 75% of something.
I guarantee that if RSHN.PK fails, Bob will do alright and start up again under another umberella.
Good luck to RUSH and it's investors.
JP Getty,
The only reason I haven't sold my remaining shares is because of the 'potential'. I see the real potential here but I've seen real potential in many pinks and OTBB only to see them fall by the wayside due to bad management, greed between management, bad distribution and the inability to fulfil orders due to lack of planning, finance etc etc.
Good intentions don't contribute to solid revenues.
Nothing will give me greater pleasure (well almost nothing) than to see a done deal, signed and delivered by corr.
The jury's out, but even so I'm here to make money not lose it!.
Good luck to all investors
Jstellar, isn't this a democracy has free speach been kicked out of here? Everyone is entitled to his or her opinion.
I have seen my RSHN shares fall 50% and as such only now have 20% of my holdings left (2m shares) and all that I hear is 'potential' 'might, should, could, in the process of' and my favourite, ' we were the hit of the show and we expect'.
What I don't hear is 'the deal is done or the contact has been signed'
I've just had my ass handed to me on a plate by a company (GNTA) that I (and thousands of others) gave the benefit of the doubt to and it isn't going to happen again.
Believe me when I say I want to pile back in but as yet all I've done is lose money with RSHN. Investing isn't about surrounding yourself by 'yes men' it's about a balanced approach.
If you want a truly negative post, Corr started with the Ginseng product in 1978, what's he been doing for the last 28 years?
Good luck to all longs!