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1,757,485 / 5,316,345 = 33.06
You say dilution, I say short shares.
In reply to another post. What does "One cannot eat their cake and have it too" refer to? As the author, I am telling you it doesn't mean what you are trying to say it means. It's sad when taking words out of context is the only way to support one's position.
The only acknowledgement is that one cannot say it's a share selling scam and also say that Easterling doesn't care about shareholders. It's an oxymoron.
You keep harping on these redemptions. Maybe some folks just wanted to make a quick $1.50/share. Nothing to say those shares haven't been sold back into circulation. You can spin the redemptions a thousand different ways and most are not negative. We'll see what's what next time YOTA makes a filing.
If there's a perception he doesn't care about shareholders, there would be no one to buy his share selling scam. One cannot eat their cake and have it too.
And, in situations where voting was required, do you have any evidence that would suggest that shareholders would have voted any differently? It's like the argument Russia interfered with the 2016 election. You'd need proof that but for Easterling voting or russian interference, the outcome would have been different. Good luck trying to show proof of that. Let me know when you've done a comprehensive poll of all shareholders.
It would make no sense to convert and it would harm existing shareholders. The better thing to do would be to exercise the 1:25 r/s. But this is sheer speculation and only an eventuality IF the merger doesn't happen. There is no indication that the merger will not happen. Fear monger more.
Until then they are not converting. So the theory that they are being used to dilute in the present is factually and legally inaccurate.
Voting. Doesn't explain your theory.
Conveniently neglect that that statement has to be taken in conjunction with other statements, like: "The Series A Preferred will be cancelled and retired without any conversion thereof and for no consideration."
https://www.sec.gov/Archives/edgar/data/1465470/000149315223016157/form424b5.htm
Facts are not painful. Facts are facts. Opinions that ignore certain facts are what can be painful.
So you're prepared to acknowledge and admit that there's a possibility your entire story line, your theory of dilution, may be bogus?
It's certainly not supported by the representations and disclosures in public filings.
The only support is Ihub.
Thursday's volume when you alleged "1.5 m dilutive shares" was approx. 900k. That 900k figure is on Yahoo, OTCmarkets and TradingView. Which means it either didn't happen, or every other source of information is wrong. You've recognized the discrepancy, yet continue to rely on and represent it without figuring out why it exists? That sounds reliable and trustworthy.
What did you ever find out about why Ihub is reporting trades that are not being documented on any other online site with access to trade information? Thought you said you were going to look into it, but I haven't seen any follow up from you... yet you keep using the information to frame a negative story line... theory.
If there's dilution. It's not coming from Fife.
Not exactly.
That would require some serious prognostication.
Did you see YOTA volume was 450,000 shares on May 3. Wonder who was selling (and buying) that many shares...
Unlike you, I link to my info: https://www.sec.gov/Archives/edgar/data/1465470/000149315223016157/form424b5.htm
Sure was. New filings have new information. New information means I change my position.
857,748,374 + 8,335,345 + 194,837,867 + 18,573,116 / 17,500,000
Max conversion of SHMP to YOTA is now 1:62
Well seems like you answered your own question.
I mean there are many more reasonable explanations, several of which have been disclosed in PR or filings and none of which have anything to do with a failure of the technology. This is just fantastical nonsense.
They've released survivability percentages per harvests (stockings). Simple math gets you the mortality rate. Simple answer: yes.
Where's your proof? This is a per se defamatory statement without proof.
Everyone seems to forget that there's a filing sitting out there that says NSI may do an up to 1:25 R/S. Let's take a worst case scenario approach. If the deal falls through, NSI will just effectuate the R/S. Even maxing out the current A/S, a 1:25 would put NSI back to 36 mil O/S. That's actually better for shareholders than doubling O/S with Series A (a scare tactic some like to promote) and doesn't result in as much lost value to current NSI shareholders as even the Merger would (at most a 1:50 R/S equivalent). The ONLY reasons the merger is better than the previously proposed R/S is because it comes with NASDAQ uplist and at least $41 million in the bank.
In all fairness, the shares should have been canceled upon conversion back to common for disbursement to NSH shareholders. The fact that GE continues to vote them is technically without valid legal authority. The first instance he uses them to vote on a proposal that significantly harms existing NS shareholders, I would expect a law suit. Until then, the old and true addage applies: No harm, no foul.
And, so long as he only uses them to vote for matters related to the merger, upon merger they WILL be canceled (see Merger Agreement). Therefore, they won't be factually in existence for that much longer either.
You said convertible, not voteable.
NATURALREDHERRING. They are contractually nonconvertible.
Always the same.
No, because I live in reality.
I've done sooo much DD on this stock, I know more than god!
No shorts in this huh?
Man this aged real well. I'll now say, looks like the PPS increase gives some spread for new positions to be re/opened. Borrowing rates are going back up. Wouldn't be surprised if the PPS takes a drastic poop tomorrow/ towards the end of this week. Games will be played until Q2.
Like the ones that believe the company is worth $.075, but talk about it like it's worthless? You have a point here.
Guess all the doom saying prevented you from lowering your average.... Had a great opportunity over the last couple of months courtesy of shorts.
Look at that deflection.
This IS the next pump. Up 36% from Friday and almost 50% from pico bottom. Someone must be sitting with an avg. above current PPS, or sitting out completely. Let's just say, lots can be inferred from this statement.
What's your explanation for the drastic PPS change today?
Just blew right through the 50MA. What's the explanation for this price movement if not squeezing out shorts on the news from last week?
I'm sorry, but are we going the wrong way for two cent monday?
Coherent and well reasoned.