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"THE INTERNATIONAL EXCHANGE"
They can't even tell us WHAT EXCHANGE. Just "THE" international exchange. RED FLAG. If you're going to file papers for an international exchange, the exchange has to be specified.
You're giving me something from years ago that doesn't matter. Months ago we saw companies go from financial bliss to bankruptcy. And we are expecting to see unknown financials go to an international exchange (which are in bad shape right now) and somehow make us money?
Even if they uplist, chances are they will do a stock split along with it so that your shares are still worth the same.
If they had 100 million in assets I think they would be smart enough to tell the general public of their financial status so they increase their chances of uplisting.
Haven't seen any financials since then either. Anyone else have a link to recent financial filings? If not ... RED FLAG. How can a "good" company looking to uplist not put out a financial report for over a year?
What is an 'Uplisting'?
An 'uplisting' is the process of moving a stock to trade on a higher exchange. In the penny stock arena, the most common uplisting is from the PinkSheets to the OTC Bulletin Board (OTCBB). While it is possible for an OTCBB stock to uplist to a big board such as the NYSE or Nasdaq, it is a very rare occurrence. The reality is that few penny stocks actually succeed to the point that they meet the requirements of a listing on a big board. Stocks that are able to uplist, are showing real promise to be considered as a good investment.
An uplisting is a sign of continued growth and success. Once again, however, beware of companies that promise an uplisting and then never seem to deliver. It is often only a ploy to create buying which the company can sell shares into. No deadlines, missed deadlines, and scarce information on the companies financial performance are all red flags when a company is promising an imminent uplisting. Uplistings take a substantial amount of time and money due to the required audits, paperwork, and legal issues. If the company has never issued any reports of their performance, chances are that they either have a long way to go to become uplisted, or have no business being uplisted in the first place.
A company doesn't just come out with a PR from nowhere saying they have submitted all the paperwork for an uplisting. It just doesn't happen that way.
I didn't put a sell in at .001. What is your point?
The description was funny by the way.
Odd isn't it? The hype isn't working either. What could that mean?
Oh, oh, let me guess according to the pumpers...the shorts need to cover still. And then the uplist will send this thing into millionaire land where we'll all be rich in such a down economy.
I'm thinking RCCH didn't realize how bad the markets were going to suck when they put out a pr about uplisting to an international exchange.
Did I say I was worried?
You make a web-site of bashers who were wrong. I'll make an internet domain where pumpers can make web-sites about how they can't believe their stocks didn't make them rich.
Artist formerly known as Basher.
A realist, not a basher. There is a difference. I own my shares, I'm not looking for any more shares. It's just a gamble on hype.
Cover what? The 940,500 shares I own? Ha.
I'm on your side. Even as a shareholder.
So what if this stock was manipulated down to where it is? Everybody claims that is the case with their stock. Whether it is true or not makes absolutely no difference. It's going to take a lot more than uplisting for this stock to start moving. Uplisting has no significant impact on a stock whatsoever unless the company is producing big news with big clients.
Ezee Debt Solutions is a no-name, can't find anywhere on the web, company.
The EPA approves just about anything and everything that comes their way.
The stock is here for a reason. Good companies don't get manipulated down to .0001 no matter how bad anyone tries to manipulate the pps. Wake up and stop the LOLLLLOOLOLOLOLOLLLOLL's in response to every comment that actually makes sense on this board.
And stop saying their web-site is great. Their web-site looks like a high school freshman put it together in 5 minutes before it was due in class.
I do and I have. I see the same things all over the place in just about every message board of every stock I've ever traded. Makes no difference.
Don't get me wrong, I hope they do what they say they will. I just think chances are slim.
Price goes up either way right?
Yes, a basher. But also, a long-term RCCH holder. Go figure, right? Why? Because the hype will eventually produce something in the share price that I can successfully profit from. Not because I think the company will actually keep to their promises. Also not because I think the shorts will cover (even if they HAVE to).
More divys from more companies. Acquiring interest in other companies. Spin-offs.
Yes, all of the things that have been promised by many, many other companies. Sadly, most of the promises get broken. Take a look at EBIG. They have actually acquired controlling interest in other companies...in Asia nonetheless. Still, no spin-offs, no divys, nothing.
Be careful on this one.
If you check just about every single other stock message board on Ihub or over at HSM you will find that everybody is posting how screwed the shorts are in their stock.
This has been the same game for years and nothing is going to change about it. Yes, the shorts HAVE to cover. Will they? Probably not. What will happen if they don't? Probably nothing. It's just the way it is.
It's all the same company. It's all completely different stock. I'm not buying Wampq when I buy Wamuq. I am not interested in preferred shares. That is why we have preferred shares message boards...to talk about the preferred shares. We are starting to talk much more about preferreds on the common stock message board than the actual common stock which people come here to talk about and share DD on.
If you want people to invest in Wamuq, they should be able to come here and find posts about Wamuq and DD they can read up on. That is rare in the last 400-600 posts. All I am saying is, let's keep focused on Wamuq. If I want to read about preferreds, I will simply go to the Wampq and other preferred message boards. THAT IS WHAT THEY ARE FOR!
I agree. And I'm sick of all the Wampq talk on the Wamuq board. Keep it over at Wampq. We now have posters on here telling us to sell our Wamuq shares and buy Wampq shares. That is not welcome on this board. We get it already, you like Wampq. Keep it on the other board please and keep the discussion here about Wamuq stock only.
So Rcch uplists and we think it will skyrocket?
Just how many other companies in this battered market or any worldwide market are skyrocketting? All I am observing is layoffs and bankruptcy. Don't think just because this stock may uplist that it will do anything to the pps at all. Especially since it is not a well known company that has been around for quite a few years to get its roots planted in the business arena.
Keep in mind that we are still in an economic downturn. Everyone is. That being the case, in my opinion, don't expect this stock to do any better on an international exchange than it would do on its current exchange. And yes, I am a stockholder.
Has anybody else thought about trying to sell their shares tomorrow at .001?
And if he says yes are you going to do it?
You don't know who you're talking to, how long they have invested, and what their investment strategy is like. The majority of posts here are opinion. You need to find your own opinion through your own extensive research.
So, if you would, add up approx. how much that will cost JPM to do so.
If the total cost is more than what Wamu is worth, it's not worth it for JPM.
If the total cost is less than what Wamu is worth, it's not worth it for Wamu.
If the total cost is fair valuation of what Wamu is currently worth, then I don't see why Wamu would take the offer. Why not just take their assets, climb out of bk and grow the company all over again.
True.
Not that JPM doesn't have enough money already to buy them out.
Sucks to be a bank in good financial shape right now (there are a few). They have to sit back and watch their competetors get multimillions of dollars from the Feds.
The bailout money from the feds has a specific regulation against using the money to buyout any other companies.
Guess that prediction didn't work out. Yikes...
I never agreed that they would get bought out. Never said they would come out of bankruptcy anytime soon. I figure, the way the court system works, this will take another year or more to get resolved. Although it would be nice, I also don't see a buyout happening. They have already bought out part of Wamu. If you think they will pay money to buy the rest of it you have to ask the question:
Will they gain anything from it?
Think about it...they would be buying out the NOL and whatever assets we have. If they offer a lower bid for Wamu, Wamu isn't going to accept. Why? Because then they would be losing money. They aren't going to offer a higher bid than the value of Wamu. Why? Because they would then lose money. Even if they go through the hassle of bidding at a fair valuation it would be spending money to get the same amount of money in return. What would be the point of that? After any fees or taxes they would probably lose money off of the initial bid anyway.
Most real scenario here is that Wamu comes out of bankruptcy in the long term. Why else would they be hiring turnaround experts?
Wamu already turned down a much higher offer for a buyout. What makes you think they will accept a much lower offer?
Current trading range aside, Wamu still has significatly more money than most stocks trading in the $1-$2 range.
I completely understand. Great post.
to what? don't leave us hangin.
Can we please not mention these other Wamuq stocks anymore. I am sick and tired of coming home from work and having to sift through 80 posts on the preferred shares to find 10 posts actually talking about Wamuq. Let's get the focus back people!
Not a reply directed towards you hahawin ... just to the board in general.
Another suggestion here is that as gas prices are falling lower the demand for biofuels gets weaker. Same with ethanol. Just my opinion. This will turn back sooner or later to where it was.
Give me some no-namers ... then we'll link them to whatever major company is producing them along with their other products. There's generally a major company behind it ... not a company who specializes in cheap spring water lol.
I never said ALL of the brands ALL for sale at one retail store. Geesh.
Each of them typically carries 1-3 major brands and usually ZERO no-name brands.
Pretty much every store I've ever been to?
Or maybe a bunch of investors who, for tax purposes, don't want to give in and take a loss yet.
Alright alright. Maybe it's the election that's got me all worked up. Sorry for the harsh comments.
I hope I'm wrong on this one and that you guys make a good profit from this company. I wouldn't want your hard-earned money to go to waste. Got a little out of hand and I apologize.
Is "bigly" a word by the way?
LOL bandanas. And a fighter that nobody knows. What a combination. Like the pictures of no-name people wearing the bandanas too. You know, this is very comparable to PNHL. Check out their board. No, they don't sell water, they are selling nutritional products and their marketing ability sucks too. But, they have what BBDA has going for them ... no-name athletic endorsements. And where is it getting them?
Lol...bandanas.