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The reality is POW may already be dead and buried. Just because a ticker symbol survives on a Fake exchange proves nothing. Perhaps all that remains is a ticker symbol. Think about it. If this is how POWN officially ends it sure is sad, very sad.
I do believe you are missing the point. Look, all I am saying is this. A big part of the POW problem is that its credibility is suspect because of the fact that it is "listed" on this Fake Market, where it listed along side many other pump and dumps. The company should have been taken on to Goldman Sachs or another real investment banker, where it could have been listed on a real market. I am just saying.
Really? Eroding credibility in a fake "market" where 99% of the companies are, indeed, pump and dumps. I don't this so. This is the perfect venue for talking about pump and dumps.
Wow, it is a penny stock too? I would say the odds are good that it is a pump and dump. I am not saying that it is. I am saying that it could be. It is called speculation. I am allowed to do that and that has nothing to do with my credibility.
Was it a pump and dump attempt by the Hong Kong Company maybe to try to pump up their stock. I wish I had access to a stock quote to see how that company has traded over there since the announcement.
This is swell. It all sounds like a formality. The stock still sits down here on the Pink Sheets forever. Lots of companies do not file anything and still sit down on the pink sheets. It sounds like the debate is whether the Pink Sheets is a real "market." With 1500 shares trading on some days and zero trading the next day you decide whether to call it a "public market."
For all practical purposes it is private already. Look at the volume? Does anyone other than a few message board posters and maybe market makers actually care? Think about it. Private=no market.
Watch this stock price tank at the crack of dawn. If what the PI lady Becky says is correct it is proof of a pump and dump. I bet Stan and other big players have been out of this stock for a long time. The only question is who is behind the pump and dump and why?
In other words, actual proof of a pump and dump. Keep an eye on the stock price tomorrow.
It looks like the war is on. Dumping is just getting started. This is what a Pump and Dump looks like in 2017. In 1997 the stock would have ran to $5 on this news. Sad. Proof of how the garbage OTC markets should just be shut down. There is not enough volume for everyone to get out.
Good point. I never thought of that. I haven't purchased a penny stock since the late great 1990s. You will do fine then, you are doing well.
This must mean that you got your shares for free. Are you one of the stuck shareholders from one of the many pump and dumps? This comment implies that you were involved with a pump and dump at one time. Just curious.
Timid is correct. There are less traders in this fake market than ever before. Traders who used to do these stocks have long moved on to bigger and better things, like Binary Options for example. Why trade garbage on what could happen when you can easily trade on what will happen?
It looks great. I am also seeing new posters here. I would look out into the underworld of penny stock news letters. If this is simply a whole lot of pumping the thing will collapse after the pump. This stock has a history of pump and dump. This is unfortunate but true.
It looks like we are getting some pumping prior to the proposed merger. Many merger plans in the past with these types of companies were revealed to be scams or did not happen at all. The riskiest deal is for those who try to get in now on the open market. This whole deal is suspect when you consider that if this news was put in 1997 the stock would have shot up to $5 on the first day. Here we have a few hundred dollars of volume on the big day. So, this whole thing is suspect. Let's see where the stock is at the end of next week.
Help me out here. Is another way to get involved simply to purchase stock in First Creative on the foreign exchange?
The market "action" is certainly sad but reflects the nature of the garbage markets. No one cares. In 1997 it is fair to say that this type of release would drive the price up dramatically. Fast forward to 2017, no action. Whoever is responsible for destroying the credibility of garbage markets ought to be shot.
Roger that. Thanks.
This is fine. But I am talking about the stock price. What happens to the stock price? I rest my case. Try not to over analyze simple concepts.
The proposed merger certainly looks real. But then again, this is the Internet, where anything could be faked. However, such a merger is very typical of one of the eventual outcomes of these failed companies. The bottom line at the end of the day is that the shares become worthless. Anyone in this stock has most likely already written their investment off. Thus they have nothing to lose by waiting. They must be waiting for a stock price rise. When the price rise dries up I then look for selling from the remainder of the shareholders. So, this could be the beginning of the deathblow to the stock. Good luck.
I agree with that, Firehorse.
Nice press release. Why doesn't the ticker symbol appear in the release? Obviously the powers at be no longer care about the stock, just as I suspected. They know all about the garbage pink sheets exchange.
You got it dent1. I have been saying this for years and no body seems to want to listen. Rather than just shutting down the garbage market exchanges (Pink sheets and OTCBB) the regulators just let them exist. This is probably because there are a handful of legitimate and real companies listed - mostly banks. So since the regulators have decided to not shut down the garbage markets the best regulatory method to fight non bank companies is to attack the companies and officers themselves. If a company gets delisted it is finished. The regulators will not let the stock go back into the open "market" again. People will sit around for ever and just blame Finra and the massive bureaucracy. Why the managers here do not properly inform people of this I do not know. Are they delusional? At this point they would be better off to start all over again with a brand new shell and go "public" for the very first time. All of the pumping and promising on this board is delusional. What is really ridiculous is the talk about conference calls and the price of Gold. Neither of these topics have anything to do with the company at this point. The sad reality is that this is nothing but a delisted shell. Good luck to you in your other investments.
You have no numbers with a dollar value in your account. The numbers you see simply confirm that you own the stock with your brokerage firm. Trust me, you have nothing here other than worthless numbers. In other words, it is a Fake Stock.
Does anyone here get it yet? Once a stock has been delisted from the pile of garbage OTC exchange it cannot come back, ever. The managers and some on this board don't seem to want to tell you that.
The stock is pure garbage. The company might be great but the stock is garbage. Real investors know that and that is why they do not buy any. Management itself has given up. They would be better off just selling the shell and taking it all private.
This is the problem. No one "invests" in these companies anymore. The 90s are long gone. Without real Wall Street sponsorship and underwriting these companies sit here and do nothing. Why would they waste their time doing 10-Q and expensive legal and financial documents when they know that no one invests in these companies anymore. The only hope there is is that the company will do another pump and dump deal for guys who are whining to give them a chance to get out. A pump dump is the history here and it looks like the only future. Sad but true. Good luck.
It looks like frustration is about to set in from another failed pump and dump. When are these penny stock carnival barkers going to quit?
It must be another pump and dump in the making. I wonder who it is?
Either someone is getting tired of waiting for the pump and dump that never arrives or an insider is raising money. Welcome to the world of non Wall Street supported shells. The 1990s are long gone and so are the high flying shells. I wonder how far away she is from sub penny?
Good luck, because you will need it. Everyone will be dumping furiously. Remember the movie Fast and Furious? Everyone will be heading to the exit door of this worthless shell.
Movie Question. Sorry I am off topic here. How does Lionsgate Films fit in here? Is the film company owned by POWN? How is Stan Lee connected to it? thx.
Then I give you lots of credit. You know exactly how your Fake exchange and market works. It is too bad that it is not the 90s anymore, where your support for POWN would have an audience. Here in the new Millennium it does not look like you have much of an audience. POWN is a poster child for what happens when there is no audience.
I know exactly how the real stock market works. As far as the Fake stock exchange and "market" that you seem to live in? I know exactly how it works. I have been there, done that, wore that T-shirt. Comprende?
Possible future value? Yea. Try fantasy world. Or maybe call it Disney World? Get off of Fake Wall Street and there may be future value. Without it? Well, you guess, you make the prediction.
I have seen companies with no revenues trade on the NYSE for $75 per share. Often these prices are sustained as revenues start to come in. Why? Because the company has the sponsorship and support or real Wall Street as opposed to the Fake one that POWN trades on. Are you considering a phone call to Stan or one of the majors to find out why they have not contacted Goldman yet? I suspect they do not contact Goldman because they know the reality is that POWN is a vanity shell listed on a Fake stock exchange listed on Fake Wall Street where its stock price will always be Fake.
Of course it matters where it trades, absolutely it does. If POWN was on the NYSE it may be priced at well over $5 and get coverage from real some real analysts and firms. "It doesn't matter where it trades" sounds like something coming from someone who lives in the long lost 1990s. You better believe it matters where it trades. That is at least 50% of what is wrong with POWN. Get it off this fake exchange, its fake analysts and pumpers and get into the real Wall Street and that would help, big time. Tell me I am wrong again.
I rest my case. There are no real share holders here other than the majors and the management. There are plenty of Fake shareholders, however, people who "claim" they are in until the end. However, when they see the stock price run they sell, sell, sell, getting their "profit." They "make" their money, so there you go. I guess you are talking about a stock going "up" again just because it has before. I am talking about a company and its stock price trading on Real Wall Street, not Fake Wall Street. And if that company on Real Wall Street would perform and get noticed by people that count then up up and away. It is not happening with POWN. This is not the 90s anymore and everybody knows it. This is all I am saying. With Stan Lee and Disney it is sad how they do nothing to make this real. That speaks volumes. Tell me when it gets off of Fake Wall Street and moves to the real one.
I think you are missing the very simple point here. There may very well be value. The output of the 94 year old man cannot be an excuse. That is only one aspect. But, the value of this "company" or vanity shell or whatever you want to call it will never appreciate in a sustainable way while it is "listed" on Fake Wall Street. It will get pounded on every time it tries to go up. That is why it is sitting down here. So, the story is about Fake Wall street and why POWN seems to be stuck on it.
It should be Stan or a company official, obviously. No matter who, Goldman Sachs would most likely laugh their rear ends off and just not see such a venture worth their time or money. I am glad you agree with me on the vanity shell theory. We actually agree on something. But I still disagree with you on your shareholder value belief. There is no real or sustainable value on anything listed on Fake Wall Street. Sad, but true.