Ultima ratio regum! give me oysters and beer for dinner every day of the year.
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"If you break even in the $3's like you stated you are 50% down. So your angle is to talk poorly about the stock and management."
I just speak my mind. Don't know what touting the stock would do for me, other than make me look stupid....
"This is why only patient investors profit!!!"
Lol gtfo! I was long here. Look how live has been treating the longs... Price is down down down. I need it back in the 3s. I was hoping for a good acquisition, instead they put us in the carpet business!
Lol. The blind are the ones that think a penny stock strongly correlates with the overall market. This lost .50 early last week.... It's actually held up pretty well considering the overall market
Look at the chart from the day they announced the acquisition to now... Stock went from 2.50 to 1.50 in a month! Most of that wasn't in the last few days...
I believe the hope for most is that complaining will give these guys a wake up call.
If you go to Starbucks and the give you a cup of poop, say something so they know they messed up and need to do better or drink the poop because u know/think they can't do better...
Yes! All great questions. IMO ur call wasn't to get inside info but to feel him out to see if he was a decent guy looking out for us. U (and I) wanted to see if this guys has half a brain or conscious. Judging by his response I would say he failed the test...
Wow. How is this guy such a sensitive little girl.
"Omg! This was suppose to be a 'good faith convo' and someone else emailed me a question! No way I'm talking to you now!"
Seems like he was just looking for a reason to get out of the call.
If the 10q will say it all then this company is a certifiable POS. IMO we r all holding for what isn't in the 10q! But I guess Steve says everything we need to know is in there so this is just one big turd sandwich with nothing good happening behind the scenes!?!?
Strange to see VNDM on the bid and ask..
I still can believe we didn't get an update on the call with Steve. Was it so bad that Dkoz didn't want to tell us as he dumps his position? Was it so good that he is buying more stock? Did Steve blow him off entirely?
More toxic debt??
Did Steve blow u off??
Looks like no ones liking the carpet business. When will the company explain the reasoning behind it?
Sooooo many shares. Every week at the current pps is another 100+ mill in dilution. I remember when I thought 1 million shares where a lot! It's already going to b extremely hard to climb out of the trips and every day we spend here means more dilution which makes it even harder. This has had great runs because of a tight float and loyal longs, both are gone now....
Lol I guess that explains the 25 mill share t-trade and the diluters all over the bid. What price so you think they converted at? .0001? Less?
Still wondering if that call with Steve went down...
Seems like the likely scenario...
Looks like bid is starting to fill up at .003. Diluters (vfin and vndm) and retail (etrf) all trying to get out.
Summers almost over. I need a major pump here. Where the F is management?!?!
How does being listed make it less toxic??
Did u talk to him???
Maybe less lol
Next offering at 0.10!
Agreed. At least it should give us some direction...
I wonder if Steve is answering emails bc the rebrand is this week...
Maybe it's part of the rebrand to b more transparent...
Toxic debt situation. No communication with shareholders (who r funding the toxic debt).
Two biggest questions for old Steve IMO.
A comment on cs would also b nice..
No. It's a real business but management knows how to pump (and dump lol)...
It will go much higher. Lots of cash, exiting industry, business growth is rebounding, low float, management that know how to move a stock.
Getting/staying over $1 isn't a concern. My only concern is what happen in 6 months when units start to hit. I'll probably b out by then waiting for things to settle...
2.60 then bounce to 4+
Use what shares for something?
50 mill ask@.0003...
Perhaps the reason management isn't communicating is because they know the stock is a pos and don't want to feel bad about telling people to buy it...
Idk if buying back makes sense if they end up eliminating the float right before the units start converting. Maybe a small buyback (500k-1mill) to get this to a decent pps would b good.
Rebrand next week? Will it be enough to save us?
Is this huge amount of toxic debt too much for management to handle?
When will management learn how toxic debt works?
Low volume. Management hasn't turned on the pump machine yet. This has a tiny float and low volume so it's easy for it to run in either direction. Once management start pumping (like the know how to do) this will explode with the low float and fire power management has. Management knows the units will start to convert in six months and they will start pushing the stock much higher before that IMO.
They did a r/s, raised $40 million through questionably toxic units (vpcou), now ready to launch!
BK with 30 mill in the bank and no debt???
I don't think you get it. This company would be another failed penny stock if they didn't do acquisitions. They are building a foundation that can support innovation. There r so many penny stocks with revolutionary technologies that become nothing. Jim has the common sense to build a business with real financials on a national exchange before he tries to revolutionize the industry. I appreciate that he is taking the time to build a strong foundation to launch from.
The acquisitions are the meat and potatoes. They are the base that gives us strength.
Yaaa. Good thing i didn't get in pre split and no longer own any of this... Long and loyal doesn't seem to pay off here. I hear the commish is doing well.
Another brilliant post!!!
Small R/s needs to happen and it COULD b GOOD!
If they do a small r/s (to clean up the float), stop diluting, start communicating, present a decent business plan on the rebrand, and execute this could b a great stock. If they do a r/s and stick to business as usual this stock will always find its way back to sub penny...
Remember when they did an offering at $1 when they were trading at like $100. Those peeps probably made some good money too...
Last time this ran the units didn't...
What is $3 pre split??
The market value is so low... If management was communicating and the debt wasn't so toxic we should be at a much higher pps right now. They should r/s to clean up the float and then do a better job, to get it the rest of the way to a penny. Just r/s ing to .01 won't fix our problem because we will be back in the subs in a day.
If management doesn't do a good job this won't b a qb... It's that simple. We r at this pps because of management. If they were good we wouldn't b here in the first place. If they were decent they would have kept the market cap over $1 mill. But they r horrible so they will probably do a 100:1 r/s to get the price above .01 and then dilute it back down to trips in a week.
Just typing this makes me pissed about what stupid lazy a** holes r running this company into the ground!!
I honestly wouldn't mind a small r/s (5:1) IF they had the toxic debt under control and kept the authorized under 2billion.
Increasing the authorized by so much shows they r scum bags. Doing a r/s after that size increase confirms it!!
This things looking pretty good IMHO.