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Oh, I almost forgot thanks rusty for making me rich soon. Keep converting those shares for me. Of course this would be a great buyback for you but i know you tried already and couldn't get any . That's a good one .
We will see in the next quarterly but if rusty wants to keep increasing the outstanding I will have an opportunity to buy more shares. You just have to stay below 5 % of outstanding. Which means more shares for me now that I couldn't buy before and it looks like it's going to be at a great price. This stock hasn't run yet but it's coming load and hold ;)
Good plan.
Hopefully when there done they will run this then. Maybe after the next quarterly if it's a good one. It's probably for the advertisement campaign which means there a lot of shares to be converted I don't think there are enough investors to soak this up so I think they will convert and then run it.they probably wouldn't have agreed to the deal if rusty didn't promise them something good to get rid of there shares. I thinks retail is tapped out by now. So a run to sell the converted would be in order, no
Is this old dilution like rusty said or do you think there is new dilution coming to pay for commercials ?
Nice job. Yes, I am also waiting for this so called unfolding. Lol. Just remember during the darkest hour and when all hope is lost is when things usually turn around. Can't get any darker then we are now so I think a big turn around is coming very soon ;)
Well, good thing I don't need the money or this movement would really be bothering me. I will wait as long as it takes and trade other stocks in the meantime. This will be a good company eventually.
Yes, always wondered how that works. I would think if you can see them trade or convert on the ticker and it shows as volume they would be in the float but not necessarily sold yet but owned by the converters. Because the outstanding is around 300 mill minus 84 mill for company shares and minus the shares in the float already converted wouldn't leave that much left so I would think they would have to be in the float. But I am not to familiar with this area. also the float is around 190 mill or so that seems like a lot for the public to own considering we don't have that many posters and there's not that much interest in this yet.
what happens to these shares that are supposedly being converted at these discount prices do they go immediately into the float after conversion or only into the float when there sold ?
I agree,if you look back from when this company first merged in after the big drop there were a lot of conversions at those lower levels and I just don't see the volume after that were they would of sold them. So I think they are holding all shares from over a year or more ago. They have been putting a lid on this to keep it from going up before its time and to convert there final shares. These converters even probably agreed to pay for the debt to get the shares I'm sure they did their research on the company and thought it be a great investment for the future just like what happened to #tek Why else would they hold all these shares . Also there's a lot of shares left over in the outstanding that are not in the float yet. Could those be the shares there holding ? When this goes it will go big I think.
Interesting. Well, then when good news hits these converters will want it to go way up and will probably hire second or third parties to promote this also.
I had seen all those moves also. Make sense. What if they don't like the stock and don't want to invest in the future and just make there money would they have a choice to sell the shares instead of converting them for later?
My friend just bought the 500,000 shares at .002 on the bid,so those weren't converted to be sold later but actually sold to him. So that was probably retail, I'm guessing .
So how does that work . Did those sellers convert shares and not actually sell into the bid and now hold shares to sell at a higher level. Or did they sell into others bid and not own shares anymore. I always wondered how that worked a exactly.
Makes sense. Maybe rusty was waiting for those to convert first before putting out news.so they wouldn't convert later when the stock was up and collapse it. I wonder when the maturity date was or if they had a time limit on when they had to sell all the shares.
Thank you !
Yes,he knew this dilution was coming so why not put out a piece of news to soften the blow. Now you have people that got shares for .001 or less that will sell at 002 for there 100% profit instead of 002 to .004 which would be better, all it would have taken is a simple piece of news. Something about the financing for the marketing would be nice after all where did we get the money to do the 45 days of commercials he said he planned for July. Maybe it's not dilution but who would be selling this low and this many shares. It's not that hard to come out with just one piece of news every month to show us the developments of the company and slowly grow the stock.
Now the stocks is below my average for the first time in almost 2 years,over 100% below and the company is supposed to be in better position now then ever before. Still haven't heard anything about the score up deals that rusty told us he would soon tell us about in that investors update many months ago.seems like the score up website is growing cobwebs .But, hey. Still waiting for that .07 to .10 minimum,ha. You would think all these affiliates and connections we have would be buying a Share here or there,telling family and friends what a great opportunity this is. The sad thing is it is a real product and a real company but we can't afford any dilution with the outstanding already over 300 mill right now until we make some real money. Next quarter is all we can hope for with 45 days of straight commercials and our affiliates better show something by then. I just don't understand why we can't get an investor update and put it on our website it doesn't cost anything it would do a world of good for morale. But rusty wants to buy back shares doesn't he ? I am sure he is very happy right now with the stock price ;) and hopefully we will be to. Fingers crossed.
Ok thanks. Nice to know there running when rusty said they would.
Did you happen to catch what station it was on or time and place it was shown. If you don't mind me asking.
Yes, I remember in an email maybe from no bucks that rusty said they will be making around $500,000 a month when it's all is said and done to start with. That was when they were still training people. Now that's all done the people are trained the commercials and advertising have started. I think the third quarter should be good. People that see the commercials and want the product don't wait very long to sign up I think it happens fast. 15,000 customers times 30 for the product is already $450,000 plus you need more then one month to change your credit so new customers will be added on top of that every month. It's not like your selling one product one time like selling a blender it's month after month for one person and if they see results they will want to keep going and to see results it will take at least three months I would think, it's a whole process not just a one time deal. That's what I also like about it. Plus all the affiliate stuff.
I hear you. It's definitely hard being in this one but I just can't let it go. We have another 45 days of straight commercials coming and then I want to see what kind of money we can bring in from that . It could be big and the start of Progressive growth for the company.
Yes. People always think that when you get to excited or down about a stock you are up to something not always true. This stock is bigger then a few people on this board. We will all be fine :)
Thank you and yours also.
There's over 10,000 OTC stock why anyone would chose this one to flip is Beyond me. No dilution no flipping. I have not sold one share and don't need the money and will not sell any under .01 at the earliest unless something tragic happens which I don't see it this time.
Yes. It's good to know what the competition is doing and how big they grew over time, I think we can do the same, we have a great system that is better then everyone else's IMO. Nothing wrong with discussing every angle of the Business. Nothing anyone says will move this stock and there's no reason we can't get excited about it either when there's good developments.
We are probably not big enough yet to become a threat but soon they could test our system out themselves and if they see it works come out with a similar system. Just like the Galaxy phone copied Apple somewhat. That's probably why we got the mill financing to come out fast and strong and use that money to continue to advertise.if we do it the slow traditional way it'll give the competition time to possibly copy us.thats why I think we won't have to wait much longer for this company to take off it has to be fast and strong now.
A company like credit karma with all this money and funding could get engineers to manufacture a similar product as score navigator if they felt it works. That's why rusty needs to be quite about all of this for now and get out in the market as fast as he can before the competition gets wind of this and that's what I think he is trying to do. Keep getting those new patents Rusty we're going to need themhttps://trademarks.justia.com/866/56/scorenavigator-86656671.html
Could we be this big some day,with 40 million members? http://finance.yahoo.com/news/credit-karma-raises-175-million-154400064.html
And this is exactly why we got our shares over the course of a year or more when nobody wanted to touch this stock. Try getting millions of shares now, you can't anymore. Since the stock is not being diluted there are only so many shares available now so people are complaining. I don't buy shares when everyone else wants them I buy them when nobody wants them. Risky yes, when the company is young and might not make it but I always knew rusty was a winner;) and there are still plenty of cheap shares left for everyone under a penny that believes in this company but just don't wait to long this is a chance of a lifetime !
Yes,and it also tells you how much is locked up by the longs. I am not letting my shares go cheap that's for sure. You either believe rustys vision or you don't but if what he says is true, oh boy do we have a winner. I will take my chances. I don't ever want to look back after I sold cheap and see this in the very high pennies . He wants to be In 90+ countries some day not just Canada. The fact that he is already in Canada tells you that he wants the world to know about this revolutionary product.
Your always going to have flippers and pumpers and promoters in most penny stocks at one time or another,there's not much you can do about it but if the stocks a good one with a good future and no debt and no CDs and making money in the end it will go up were it should be. This one I think is still undervalued for what we have accomplished so far. The only way this will go up and stay up is through long term investors which we will get.but were ever the stock ends up you will still have flippers and pumpers so people just have to deal with it. The longer term investors will just have to eat those shares up along the way when they are released.as long as there's not to much dilution and they are making money and expanding I am staying put.theres not many shares left for the flippers to flip at this level anyways they are small time. If I wasn't so loaded up already I would take them out.
Lol,There are some of those I agree. But there are also some big bids that have been accumulating the last few weeks I would think they are more investing type people because they know with this low volume they wouldn't be able to get all those shares out. This is a long term stock and compared to the last year I am happy with this stock right now. I think we are turning the corner, lots of good developments ahead of us. IMO
Just churning right now weeding out the sellers at this level. Can't wait to see what rusty has in store for us next. An investors update would be nice.
Well, we already have more volume then yesterday.
5 mill bid at .0031 good support.
The company recently changed direction that's why the earnings were not as big as last quarter. I Believe they stop paying for leads which were very expensive and put that money into other advertising like the commercials where they could reach a larger group of people more effectively. With leads your going to the people and asking if they want to try our product most won't, with the ads there coming to you so you already know the are interested and need help. This is a great change from the past. Rusty is going big now no more small time stuff. Remember rusty said he wants this to be a household name soon which means everybody will know about it in some form or fashion.
And also to really establish a better credit those 20,000 people will pay that for several months up to a year then you have more people every month added on top of those 20,000 and it keeps going up and up. Then with all that extra money the company will keep the commercials and advertising going and maybe a buyback of shares.
Yes, and there were over 3mill in bids that popped up a few minutes before close. People starting to realize what we have here and in another week National televised commercials run again for 45 days straight.
Strange, unless someone had some super trading system that could see orders but then you would have to be in front of your computer all day watching it has to be the mms maybe trying to create some volume for the stock.