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Feels like the CEO is still buying, and decided to kick some shorty ass.
3 bucks, here we come....
Finally, I should say
Lots of buyers today. Perhaps the CEO as well Let's see where this is going.
Perhaps the system detected that they filed the report too late, on 04/02/2023
Which makes you wonder why the hell they refiled it in the first place, unchanged. When they already filed it on March 27, on time. Just to annoy us some more, I suppose.
OTC probably made a mistake and didn't see the audited financials. Wouldn't be the first time.
Who even cares anymore. It noticed something similar with another company recently that raised my eyebrows. I'm sure that Traderfan has some thoughts about this.
But it is pretty obvious that we are not going to be able to create shareholder value on OTC the ordinary way.
The company is happy to share that we are leasing Mission 101 Campus in Santa Clara CA...a 28 Acre Campus with 5 Buildings admeasuring 700,000 SqFt of Space. The Campus would in-house 2,800 staff members and lease starts from June 1, 2023.
http://www.mission-101.com
We will be one of the top employment houses in Bay Area, probably be the largest to in-house 3,000 employees in Financial/Wealth Management/Asset Tokenization segment.
The Sobratos are one of the largest Real Estate Families ...And they have given permission to build Landing Space for landing eVTOL Aircraft within the campus.
We plan having Masala and SIRI Global as signages...
The company was worth $15/share or $2.3 billion in 2014. It should be worth well over $20 now when including all the profits since then + inflation.
Hence, any kind of appraisal or minimum offer they could make should be $10+
Wow, just look at the massive support we are getting on my post that claims FINRA is corrupt. I have never seen anything like it before.
It could be anywhere between zero and 3 months from now until either the dividend is announced, or. HERB decides to switch to plan B.
Without a dividend, there cannot be a c-offering. And you have to wonder why they didn't file a Form 10 that they announced over a year ago. I think plan B might involve them going private and buying back our shares. They must all be totally fed up by now. So if that is the plan then we will still hit the jackpot as they have to pay a minimum of $10 for our shares.
There aren't a whole lot of other alternatives. Or, if parent decides to exit then they will have to compensate the company in cash. Which would also work well for us. Either way... chances are pretty good that we will be rewarded substantially in the end. Although it has been a long and painful road.
More insider buying ? What is he up to? lol
https://www.sec.gov/Archives/edgar/data/793306/000165495423004554/xslF345X04/section16.xml
Look Verstee, I never said that we own SPAC's. You implying that I did doesn't make it so. But I am aware of certain acquisition targets and SPAC names that we are working on but as I said before I cannot mention any names and I will not mention any names.
As for dividends, that is somewhat of a grey area as well. I am the one who has been pushing for cash and other dividends in the past. Where are we now? I'm not even sure. The company has stated repeatedly though that it will pay stock dividends. Does that mean we will get IREEM stock or token dividends this year? Let's just say that nothing is certain in life, and we are working on it. At this stage I don't even care any more. Because I'm not getting any support on this from anyone (it seems).
Which brings us to operations. Well, the tokens have been created for 6 products/verticals and we will be offering them soon. We probably won't have a problem selling them to our clients. Gold trades have been ongoing for a while. Soon we will also have rice, palm, aviation, gold tokens and some more. We are not hiring 2,500 employees because there is no business to speak of. Rice alone is ramping up fast. And next month we will have over 100,000 acres signed up in India. All of this is part of the Wealth Management development which is separate from the SPACs and acquisitions.
I don't have more to say on this. Any more criticism and I will ignore it going forward. Thank you.
I already told you on 3/18/2023 that there are no SPACs.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171478869
Update
1) MyGoldGrams.com site has launched today for online purchase of Gold. Roughly 10% - 12% of future revenues will come from gold.
https://mygoldgrams.com/
2) Also happy to announce, our Aquaculture partners have agreed to the terms today and we will move forward with a pilot project in India and probably in Suriname as well. Mike is drafting the final contract now. The pilot will be for 60 tons of shrimp / tilapia. If succesful we will do 6,000 tons and the total could be for 600,000 tons in 5 years time. We will have the first results in about a year from now and will ramp up then.
Aquaculture will also account for up to 10% of future revenues in the long run. Other food and food-related projects (Rice, Palm, Hemp, Sugarcane, Whiskey, Wine, Food carts etc) probably another 30%. The rest will be Aviation, Infrastructure, Transportation, Hospitality, Solar panels, Drones etc.
3) We have appointed Dennis Murray from The Netherlands as Managing Director, SPAC investment coordination who will be operating out of South Korea. I can't talk much about SPAC's as I said before but we are planning to acquire one this month. We have to move forward as we have a number of acquisitions lined up. You will see the news pop up in the public domain when the time is right.
4) Offices, we are discussing final terms of lease for 5 buildings which can in-house between 2,500 and 2,800 employees.
Happy Holidays!
We estimated gross profit of $50M on June 19, long before the Q2 results were out.
The actual result was $46.1M.
Genius, or what?
Congrats to all WINNERS
That completes the count I guess.
233k shares last time
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169801767&txt2find=count
234k this time.
Unmasked: FINRA - The Shameless and Corrupt Wall Street Watchdog Concealing its Partiality
https://news.investorturf.com/unmasked-finra-the-shameless-and-corrupt-wall-street-watchdog-concealing-its-partiality
"fourth consecutive quarter of strong operational performance", the press release says.
It takes only 2 quarters to train a monkey...
I have not looked into it Snow. I can't buy most pinkies with my broker. If you want me to, I will look into it but not for my own sake because I can't buy it. Usually the tips I get from other people suck though, so I am rarely positive.
Nice. Let's keep it going folks.
Sellers at $2.40. People never learn, do they? NEVER NEVER EVER.
It's like banging your head against a brick wall. lol.
Yes, nothing else we can do but wait.
Rock,
in 2014, HERB swapped out roughly $2.3 billion worth of assets consisting of 7 subsidiaries in exchange for 5 high value plantations which were also worth close to $2.3 billion. Those plantations were generating > $100M in cash every year.
They used some of the money to acquire a couple of museums. This is Equity Art Corp. The value should be somewhere between $1 and $2 (my estimate) per share and they are kept off-balance sheet in the financial reports now.
They wanted to spin it off 2 years ago but failed.
We don't know what they did with the rest of the money but it is possible that all these assets are now a part of Equity Art Corp.
Now, they are doing this preferred share dividend. Which most likely represents all of the off-balance sheet assets including the 5 plantations and the cash generated.
Just to see how many shares Ihubbers own of the rather tiny float.
On friday we wil compare it with the last count that we did 6 months ago.
<<< Share Count >>>
Perhaps we can do another share count, to see how many shares of the float we own.
- If you mention your number of shares, I will add it to the total.
- Or you can send me a private message if you want to remain anonymous
- Or I could send you an email adress if you can't send private messages
The count will end by friday
I sold some share so I could buy more Apple put options
But I don't have anywhere else to go with the rest of my money.
I think we will probably trade in the $2 - $4 range for a while.
BDCO is a pretty safe bet now, at these valuations.
<<< Share Count >>>
Perhaps we can do another share count, to see how many shares of the float we own.
I will start.
- If you mention your number of shares, I will add it to the total.
- Or you can send me a private message if you want to remain anonymous
- Or I could send you an email adress if you can't send private messages
The count will end by friday
It's not a forced sell. It happens too often. And always whe we are going up.
Time to smell the coffee....
It is a deliberate and perhaps desperate attempt to beat and keep the stock down.
I was wondering about it. When we were at $2.72 earlier today. I was wondering whether I should sell HARD and buy back for $2.20. Because that is the kind of nonsense one can expect with this stock, right? But i decided not to bother. The stock might just as well rally on to $4 and I would feel awful about it. Besides, I have been busy. Didn't see the drop until a couple of minutes ago. $1.90 eh ??? LOL.
Music to my ears.
Oil market braces for volatile open after Saudi Arabia leads coordinated OPEC+ cuts totaling more than 1 million barrels a day
https://www.marketwatch.com/story/oil-market-braces-for-volatile-open-after-saudi-arabia-leads-coordinated-opec-cuts-totaling-more-than-1-million-barrels-a-day-f0609f01?mod=home-page
They have to file for a delay, an NT 10-K.
I don't know when the 10-K will come. Soon afterwards I guess.
Last year it was filed on the same day.
I don't know much about that.
No special reason for it. They have always filed at the last possible minute, or 1 day late.
The FINRA Daily List
https://otce.finra.org/otce/dailyList
Today is the day. The last day, that FINRA can make the preferred share dividend announcement in the ordinary course of business. On the FINRA Daily List.
If FINRA does make the announcement today then
- the ex-date will be one day after the pay date, which should be monday April 3rd
- you have to hold until the ex-date in order to qualify.
- you can still buy on the pay-date and qualify.
- hold on to your socks. And the stock.
If FINRA does not make the announcement today then
- the dynamics will change
- we have to assume the FINRA review is going past the pay-date
- FINRA may either decide to process the dividend or cancel it later on
- but there will most likely be no ex-date and they will use the Record Date to determine who qualifies
- you still won't know much.
- and the whole thing will get messy once again
- certainly something you can expect from this bunch of *holes.