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Good volume today...not great SP, but good volume.
Maybe it was special K haha
100 million in 30 minutes....and the dilution machine rolls
Magic Saudi investors to the rescue......Right
Your better off having the SEC investigate first before you go trying to sue hime. They have to have finding of wrong doing anyway before any judge would give you guys a dime. I suggest you keep messaging the SEC untill they investigate.
FYI the whole 50 to .0001 argument doesn't work. His job is to run the company regardless of the SP if it drops it drops not his problem. the only thing that matters is if he did anything illegal. Dillution and R/S are legal (not necessarily ethical) but legal avenues for a ceo to take.
Bottom line is you jumped into a pink that was very risky and got burned like 90% of other pinks.
Thank you.
Is this a gagged TA? Im just asking a basic question with no response. I am trying to figure out the share strucutre because I saw someone said 2.1 million O/S which is obviously false.
What was the O/S and A/S supposed to be after R/S? This seems like they may be dumping shares after the R/S.
Do we have a TA confirmed A/S and O/S on this thing.
In the mean time another 245 million traded so far today means they are still bringing in that money to "make things happen" with.
Na it is actually a MM's dream. If someone sells market they can give them .00005 then turn and sell it at .0001 the lowest any of us can buy for. FFGO after it was found to be a scam had this going on everyone paniced to sell and was selling at market for as low as.00001 and the MM's bought them up and resold them to idiots at .0001. It's all a game for the MM's to screw investors in.
That means it was traded at the fifth digit I would assume.
......crimes against fashion? I got notyhing you hit most of them on the head. Maybe the fact that his business is a legal pyrimad scheme?
I looked over the financials again and noticed a couple odd things, but nothing glaring. My major wasn't accounting though so maybe I am missing something.
Wow that was a nice lump of volume and moved the bid and ask up
I would not put too much stock into yahoo's message board. Many posters have multiple accounts and will create stories then verify them with their other accounts. What I would put stock into is the fact that once again fast eddie just dumped 120 million shares in less than 10 minutes following news like he has done for the past couple months and has pushed it back to no bid.
we have volume....not great price, but volume atleast
Sounds great now on the next 10q they better show it on the books and not super inflate its value. If the value is super inflated yet their cost of purchase is 5% of the value like they claim I would be skeptical of if the books are legit.
If I don't see an audit by Christmas I will not only sell, but will file a complaint with the SEC for misleading PR's. I however believe that it will be out before that.
Let the dillution Train roll. What we see here is another agreement for something that will never get executed. A way to prop up the SP to sell some more shares off. This is getting comical as everyone is starting to realize what a joke this guy is. I would actually be more worried if the deal actually happened. If you notice they reference intellectual property many times in the PR. This is a classic scam move to balance some books out. They can value the intellectual property at whatever they need it to be to make the books look good and make it appear the company has tons of assets when in fact they have none. Watch on their next financials they will have a huge amount of assets, but they will all be in IP. What a scam....
Look Special K's friend....
"How are we to attract new buyers if he continues to fail to deliver?"
With candy of and promises of unicorns and fairies.....DUH
And to that I will respond with this....
Discussion of material events
The Company has successfully completed its audit of the operating subsidiariesand is currently completing work on the consolidated financial statements. Thishas been a much longer process than expected due to the history of the Companybefore current management took control.
I am guessing you are playing devil's advocate Alamo, because I think this statement above would have just been left out had they not planned to release them.
I think we need this news to hit the marketwire and we will be good to go. I love how CPW's best come back was it is a stop on pink sheets which obviously hasn't been updated in the last hour.
....This has to be a joke right?
Is this banable? I mean come on this guy has to be breaking some rule
I am guessing that this is what happened to the shareholders.
That would be textbook insider Trading and EV and special K would both be going to jail.
Special K- There is no Psych. resistance holding this back. Its pure dillution and lack of results. Your feeble attempts to spark intrest are not going to work because too many have been here too long to fall for it. Why would anyone believe this was going to .001 when it is bouncing between no bid and .0001 with an occasional .0002 for support?
Everyone always compares this to the hot stock of the week. Everytime a stock shoots up everyone says see we are next, but the difference is look at the share structure in each of those cases way way smaller and they don't have a history of massive dillution and R/S. This company has never delivered on one PR they put out....isn't that a red flag?
It's going to take a while to sell 2's because billions of shares were bought at 1's meaning everyone wants to flip for 100%. Problem is your at the back of the line behind a ton of MM's. You will be holding those untill there are billions traded at 2's not Millions, but Billions.
The 10/Q that was just released was an amended one from 2009. i am not sure what they amended but its old.
To answer your question in normal english it means for most stock high volume is a good thing. In a stock where dillution is rampent high volume means more dillution. It is headed towards a maxed out A/S (Authorized shares) which was just doubled a week ago and hints there could be another R/S ( reverse split) as the company has done in the past.
No volume being much higher is a bad thing. in this case dillution is obvious and it just means we are one step closer to another maxed out A/S.
They also get paid to go on judge Judy so I don't hold much respect for those shows. No it is not a verbal contract as it was to vague and had no time set to perform or in this case not perform an action. It also lacks consideration which is required for any contract to be legal. Basically there is nothing saying there will be no R/S if such and such does this. Basically it is just someone saying something that they no may be false. Misleading...Yes,Verbal contract....NO.
Is this guy Bannable just because he is talking in all caps and bold? Or for making up crap? or for claiming to be an insider trader? I mean can we get him out of here for something?
And we have no Bid
Must be from one of those online places because everyone knows a R/S is just a way for scams to boost their price after it has hit bottom.Also if you have an MBA in finance you would know not to say you traded on insider information over the internet where you can be associated with an IP address and investigated by the SEC.
HAHAHAHAHAHAHA Does this guy know anything about stock? He acts like a R/S is a good thing. Guess what no investement firm would buy stock leading into a R/S they know is about to happen. Like I said after the PR, they will max the A/S do a Reverse Split trade steeply discounted shares for money then allow the investment firm to sell right after the R/S allowing them to make money. The Scam rolls on....
Hell hath no fury like an investor scorned
Welcome back to no Bid K man how was your trip?
kind of crazy it always drops to 8 for a few shares then jumps right back up.