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Risk- They can set up a short and walk down a stock by selling. It is and has been done. BTW- where did I say anything about this being SNEY? Oh, that's right I did not you brought that up. I've seen these things done numerous times with small stock. Yep, there are criminals that will steal your money in the market. Hope you did your history search of what happened to the IHub founder. You just keep on believing it is a random market and honest market if you like and that makes you feel better.
Look I watched level 2 for over 6 straight months daily and watched HDSN- Hudson unload and drive a .25 stock down to about .05 so I know what I saw. I do not know who was behind the trades, but dam well know what I saw. Deny all you wish, but stock manipulation does happen all the time because they know the SEC can and will do little about it and they are willng to take the risk. You might also know and care to look up the history of the guy that started this board and what happened if you are not aware. Yes, risk there are some bad folks out there that will steal your money despite what you may believe.
Yes, but there are MM out there that can do it also and I've seen them do it and walk down a stock with over 100 million shares so don't tell me it does not happen. Either the MM or some people can and do it. Like I said it does not matter now unless it becomes a pattern in the future. I just want the to do what they said would not be a problem. If they do not we have been misled by management and that does not bode well for anyone that owns this long term. It will just be viewed like any other pink stock and I'm sorry to say that is the odor it has been putting off. Now you know honestly you cannot defend their inepititude.
OK, Let's say you are correct. Were insiders able to short then? Did they know that Mgt. was going to kill the rally? If so, who else did because I sure as heck would have sold if I knew this was going to tank. Sure we have had this discussion before and there's no denying some made money on the up swing and sold and some could have on the downswing, but I guess we never know who knew what. YOu think it was all random and I feel it was manipulated, but that is water under the bridge now either way. I care more now about getting it back and a profit for pain and suffering, but at this point not sure Mgt. is on the same page as the shareholders. It is up to them still to perform or all of us long termers get squat.
Yep, it would suck for those loyal bagholders like me that bought last year on all the hype about being current and all the visible gold and black sands to be shipped in containers. I do wonder what happen there or if it was just fodder to move the stock. I do hope they pull this off, but with all the excuses now flying about it does not look like they pull it off. Hoping for a miracle.
Yes, but Owl there thinks you should know if it is a fraud. He thinks with investigation all can be ferreted out. That's why he never invested in this scam or did he and if so what side was he on or is he just a bystander that likes to judge? It sound more to me like he's somehow trying to absolve himself of guilt for making money off of this scam? Not sure, but he seems OK that this was a scam and excuses it as if if you were dumb enough to lose money you deserve it. By the way for any that say KATX was not a scam and a pump and dump they are in massive denial or just not to sharp. Yes, Owl, even I figured out this was a scam, but way to late to save my money. These guys should be in jail and there's no doubt about it.
Well, Jim if they delay until the rainy season comes and everyone is still in the dark the stock is toast and just about everyone becomes a bagholder or dumps and then you are left with a Reverse Split because the share count will be even worse than it is now. They cannot afford to delay unless they just don't care and have a RS in the plans and will restart the game next year, but they sure will make a lot of enemies.
Thing is Jim at some point if they want to cash in they have to become a fully reporting company. I mean why else become a public company unless you are just in it to use other people money and then just screw them. If they are going to be public then go legit and file on time and quit the BS Mickey Mouse games. If they wish to continue to be viewed as either not knowing wtf they are doing and possible crooks then by all means continue right ahead forever acting that way. This has gone on way to long and if they are serious then it gets done as they reported it would be and not indefinitely!
Thanks Oilybird. Hope you are right.
Sorry, but SP should have a better handle on when information will get out. IMHO he should have been canned a long time ago. There's not enough excuses for this bunch just missed dates. Sounds like more hope and change we cannot afford. Either way this BS is coming to a head soon and if they miss we are all screwed so I'm sure if they do there will be a chorus or upset shareholders besides me. I just have a low tolerance of BS and SP past that a long time ago. Well, what will be will be!
Yes, and if nothing happens what then? Do we just say they need more time or admit these guys are just stringing us along and trying to hide what is going on? I do hope they get current and all reports out by then, but who can say they feel after all the delays that they will or even intend to? If you judge by past performance it makes you doubtful. Keeping my fingers crossed, but also being realistic because I just don't think they really care what shareholder think or worry about the stock price as long as they got their money. You know if they did care they would be current and gettings PR's out to get the price up since they own a ton. Their lack of concern is telling. OK go ahead and shoot me now for being logical.
No, I do, I just get sick and tired of all the drum beating hype and the next week BS or any day crap that get's spewed on the board because there's just nothing much going on. Time for mgt. versus board members to try and promote this with red meat versus hype and generalization. Let the numbers get out and speak for themselves!
Yes, let's get rid of anyone that does not constantly beat the drum and pump and hype. Silent everyone that does not plya the game. Bali, do you practice Communism? Just wonder why you wish to ban free speech?
Yep, just tons of unrealized potential around here.
Let's see where have I heard that before. Oh, yes, I remember now.
You know nothing will convince you this is dead until they go out of business and delisted. Some folks are so delusional or intellectually dishonest they cannot admit the obvious.
Funny Owl, I guess if someone meets you on the street with a gun and steals your wallet it is your fault for being there? People believe the story apparently made up about Ken and some for some reason after being screwed still do so. I understand as a trader you don't care, but for those that bought this as an investment they were lied to with the constant "we good" and promise of share form Ken. Yes, anyone that believed the lies and deceit made an error in believing Ken, but to say it was their fault for being lied to is just wrong. Maybe not wise to trust anyone in a pink stock.
Maybe we will go all day with no trades. Great job SNEY management way to draw interest to your company and increase stockholders and therefore your own value. You just keep on not performing and you will get the same results or worse.
Good point, but totally sober and prefer Bookers.
How about that volume Risk. Great is it not. You know no one can sell without taking this because there is little demand for shares because it is just not me that has a problem in believing these guys it is the market. The ones here are mostly undeer water and do not need the losses, the true believers that Mgt. is never wrong and those that missed the boat to get out like you mentioned you did. Come on just be honest.
Risk you seem to be implying that people get upset when they are told something second hand by you and they get mad when it does not come true in a timely manner week after week. Well, what are people supposed to think when you pass on bad information? There are only a few things one can conclude.
1) Risk is being told what they think he wants to hear to get him off the line
2) Risk is making this stuff up to appease the crowd
Not much else one can conclude is there?
I suspect they took samples and shipped them versus containers. It makes no sense to go through the expense unless you are sure of what you have IMHO.
Thing is Owl there was all that great DD already posted on the board. There were folks that supposedly knew and met Ken and then those 11 JV's. Ken was built up to be an honest man that had experience and success. They also had supposedly $5 million. I'm sure many, maybe even you, believed this. I did Google Ken and found nothing bad at the time. Other then traveling to Canada and doing interviews with everyone that has ever done business with Ken what kind of research are you suggesting because that what is needed to find out what his character is.
No, this was set up by criminals to defraud people. You making excuses and throwing blame tends to make one wonder if you are trying to absolve the people that ran this scam. So the real lesson here is just don't believe anything or anyone on these boards because few are honest and good people and they have an agenda to steal your money.
Yes, in regard to being optimistic about the fins. it is not about being positive or negative. It is about getting them done when they are do and just being honest with shareholders. Not sure why that should be so hard, especially since excuses were made for so long about the last 10k and that things would be better after that.
On the article that was a repost of a PR two months ago. It is good to see news getting out from another source, but what would be better is resulsts, which I assume they have but have not disclosed for some reason.
Why would warrants holders have to sign off on the financials? Never heard of that. As for Risks comment. I don't believe much on IHUB on a pinkie anymore until it is done. Just like when I write a piece of business. It is not a done deal until the underwriters approve the deal and the client accepts it. I then get paid and it is a done deal at that point.
easy to say, but when you are down 70% you hold for the hope of getting back and you and they know it is human nature to do so and hope. Thing is you have no clue either except what you were told and believe. No one here has concrete proof of what we have or do not have. It is all based off what you have been told or deduced with limited information and you connect the dots making them fit what you wish to believe. If you have more than that then you have inside information that has not been PR'd. Nothing is real until it is sold and booked in the income column.
He only knows what others have told him or he's making it up. That is our only two choices. So I guess the choice is do we believe him or the person telling him that? While we do know there is gold in the general areas we are in other than a video that shows some color all we have is hearsay. Sorry, to say, but I really do not trust much if anything I have seen on IHUB because it has only burned me doing so. Both could be honorable people or thieves and I guess they could say the same about me. That is why until it is on paper it is all just BS as far as I'm concerned and the longer they delay getting it complete the more it looks like they are trying to hide the truth.
Some one grab the paddles and stand back this patient needs full power as she is dying!
Taking my cruiser out this weekend assuming new batteries will start her up. IN the 80's here. How weird for March even in ATL.
Correct you cannot spend what does not currently exist.
Gee Bali how many days, weeks, months and years can you say that and still be believe any of it. I just wonder. Sorry, management is letting us all down. I'd like to dance too and have a big margarita in Cancun, but management apparently does not share our dreams only their own and it does not seem they connected.
Yes, that is pretty laughable is it not? Kind of like the President having the most honest, open and transparent administration. What a joke!
I can tell you how they can. They were enticed to buy based of false information. Ken said if we bought before a certain date we would get 1 share of BVIG for every 4 KATX shares. If you remember the talk was BVIG had gold for sure and that it would be a $3 stock by itself. Not only did HC not have enough gold to warrant more drilling or much if any excitement, but we never got our shares. So, yes I blame Ken and blame all those paid promoters and yes, I blame myself for being stupid and believing some of the posters that I thought were trusted friends and good people. Heck, one even met Ken and swore how great things looked and how 'life changing' it would be. It sure was life changing as it cost me and other millions of dollars of lost money and opportnity cost of what those dollars could have become. Well, I guess those that were part of this fraud were happy spending their ill gotten gains.
Whose GP?
You brought it up why not answer it?
There is no sex in the chat room.
Pretty apparent SP gives a rats ass about any legacy or doing right by shareholders. He should be fired. Get someone that is shareholder friendly and assuming the rest of mgt. are decent people reflect their values and not his.
How did Ken make money? I think you can plainly see by the filings he can and most likely has sold BVIG shares and most likely others but like telling us the truth about anything he just failed to mention it. This is even a bigger scam than ONT was and you know it. Yes, Ken is the largest shareholder, but that does not mean he can screw all the rest because he can and get away with it. I suspect the SEC is after him by now. He's nothing but a dishonest crook and a dishonorable human.
Well, if it does not do it in the next 60 days doubt it happens this year. I guess someone will have to gear up their pumping machine.
I also took it that he would know today, but I have not seen Jim post and take anything SP says with a grain of salt. He's not trustworthy and lacks integrity. He should be fired and if it is someone else giving him bad information he is relying to us then it is even worse.These clowns need to act like a Co. or buy everyone out and take it private because that seems the way they wish to run this ship.