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The major mistake that bagholders make in penny stocks is they think they have done DD when they talk to a CEO; duh. What are these self-proclaimed ceo's suppose to say, certainly not the truth. They pump the stock always hoping a financing miracle will happen or just to sell shares. This arne guy has a long history of BS.
Yea, the nice guy will be oinking to the sewing circle tomorrow. That should be good for another downtick.
Ol arne has defaulted on over four years of "arrangements" with more defaults to come. To date all of his pr's have been bogus!
Hey jr, this is the most ridiculous post I have ever read. You are comparing nothing (awyi) with something (rnin).
Look at the share structure, debt, revenues, and management team. Go back to accounting 101 or pumping 001. At this point awyi is a dirty debt-ridden, fully diluted shell company.
I can hear it all now: I did the best I could; nothing was guaranteed; the financing fell thru again. Next stop=RS
No news from Govt-Buys can help unless awyi owns govt-buys. There has been no transfer of ownership since arne has no financing to acquire govt-buys. Ol arne tried the same thing with Syrei but auditors slapped his hand and said no subsidiary since there was no acquisition. Probably why there is no filings since govt-buys cannot be a part of it without transfer of ownership.
That is the question you guys should be asking the golden boy all along. By August he needs $900,000 to pay Brock (1st & 2nd installments) plus Cornell. Remember Syrei, ol arne needs financing and he never talks about it.
I would like to know what the hell have you been smoking. You sound like ol arne himself; JR.
If you are patient you will be able to get some 5's and 4's.
Good to hear it. Hey, thanks for the info; will do.
Mayday...Mayday...the ship is sinking. Way too much BS by ol arne for way too long.
What I said is that I do not rely on charts in pennyland unless there is some fundamentals to go with them. In the case of awyi all one has is charts. Hopefully you have mostly got out of town....you know the story.
I have made good bank here also and we both know about pinks. It is only when there are people that begin to believe in the garbage that they become bagholders. There is no reality to it; follow the pump, make a profit, then get out. But the bagholders will hear about the reality of things whether they like it or not.
Hey, the global economy had nothing to do with it; only ol arne's excuse for going into hiding. He still cannot obtain financing in the current economy; nothing has changed.
I find it funny that ol arne is pumping about Syrei again. Oh yea, Syrei was one of arne's "subsidiaries." He shoots his big mouth off before anything is real!
The daily dribble from pumpers/bagholders also has ZERO effect on the pps as over 4 years of history proves.
You would not get more than what it is worth now if there was a liquidation. The Chinese would not give up one dime; they have very strict rules about money leaving China. Furthermore in "court" you would be dealing with International Law. Vcty would be shxt out of luck. This is one reason why the SEC is all over these Chinese SHELLS (VCTY) No audit proof even exists how these Chinese companies do business.
While I respect charts, I do not put alot of stock in sub-penny play charts unless they are accompanied by Fundamental news. I find no solid fundamentals here; just ol arne oinking for years.
I think it is obvious that there still is no financing or ol arne would be oinking about it.
Well, you can buy those 7's now that you have been saying you would. Only a matter of time when this oinker goes belly-up; AGAIN.
Tops, I think you are doing the right thing. One of these days a pumper group will come along. You are not heavy in this BS. Everytime I make money on a penny stock I thank God. We are used to dealing with real companies but we also play the pennies.
Hey, A legitamate CEO will have Financing before he starts shooting off his mouth!~ Well, pretty boy does not have that.
The next time I hear that Ariel Way, Inc. acquires Gov't Buys will be when your sweet boy pays Brock and Cornell.
AWYI does not have "Government Contracts"!!! Brock has them. Until your sweet boy pays Brock there is NOTHING!!! There are only AGREEMENTS; nothing more.
Good one! (hehehehe)
you'r welcome.
Hey Lil, you have been "baffles me" from day 1.
Good one!...(hehehehe)
Well then keep going rubber; I do not propose for anyone to buy or sell. I state just the facts. We all know what these pinks can or cannot do. The daytraders have made money because the fundamentals are not here.
I also study charts, not as good as you for pinks. When the pump is on buy/sell/buy/sell. 99.9% of these oinkers fail or rob believers because of .........................................................
Well this is the pink game that makes many self-proclaimed ceo;s.
Cornell DOES NOT HAVE physical shares. They only do a CONVERSION with awyi based on the terms on the loan!!! When the conversion is done the short position is covered. Perfectly legal imo.
Verges was questioned about his statements concerning the last RS by the SEC. Documents exist on the yahoo board. The SEC is cracking down on these Chinese scam companies but when will they get to Verges; who knows.
Yes, what people do not understand that Verges is printing shares for trade payables and preferred conversions. DEBT is converted into equity (preferreds); preferred shareholders short sale the commons (98 days on reg sho) and cover by Verges converting the preferreds. It is never ending; just a way of Verges not showing alot of debt. This process churns so fast that nwmt cannot get off the reg sho and next thing one knows the AS is maxed out; time for a RS.
Now after the RS Verges has a low floater and can show the pretty little Chinese financials so the churning continues. Some people cannot figure out why this oinker trades so low................
lOOK AT THE 3 YEAR WEEKLY chart. Ouch
The Chinese certainly are not going to give Verges any cash. They have very strict rules about sending money out of the country.
Because the OS is maxed out and someone is still selling shares above the AS. Too many shares out there exceeding AS/OS. Thus, reg sho list.
When this oinker was trading 50M-100M there was only about a tick movement; indicating sellers although it appeared to be accumulation.
Well, Cornell can sell at any time; always legal because they have the warrants to convert to common stock to cover. The small trader is consequently buying the Cornell debt. The conversion will happen in the future. Ask ol arne about how he is going to finance all his pr's, cornell agreements, all agreements.. He will tell you he wants you to read it in the financials. BUT, ol arne cannot publish the financials because he has no money to acquire Govt-Buys. At this time awyi is one debt-ridden diluted shell. He did the same thing with Syrei and two other companies.
Well hell, lets get this "scam" rolling.
While the accumulation on the chart may look good, the reg sho list for 8 consecutive market days indicates Cornell is selling; as they have been for a long time. Some day ol arne will have to pay the piper with a conversion. I believe that alot of bagholders have and are purchasing the Cornell debt; and have been doing so for a long time. It's the only way for your fearless leader to get rid of it since he has NO FINANCING.
This is really funny. Verges has maxed out the AS for nwmt and cctr. As of 3/31/11, nubl had very little cash and the 5 Billion share AS was almost maxed out. (Nubl is acquiring part of cctr) Now ol Verges will be able to maintain voting rights over 3 pinkies. He can RS them all and maximize the dilution based on some pretty Chinese financials; that noone knows the real validity of.
Hey, maybe Verges can find a 4th pinky to dilute. Verges has diluted nwmt by 3.6 billion shares since June 2010. (300K to 2.0B=1.7B + 10K to 1.9B-1.9B) Not even looking at CCTR but same scenerio.
Well, good luck with this oinker.
You got it Tops. If the ol arne guy does not get financing there is no Govt-Buys, no contracts, all pr's are worthless,Cornell is still here, fully diluted and debt ridden with no cash. Ol arne did the same thing with Syrei then went into hiding. Notice that he Never talks about financing. I guess he thinks a majician will appear.
Mayday...Mayday...These Chinese pinks are under heavy scrutiny by the SEC due to heavy selling/shorting with no controls over what is happening. I think this one fits the bill. MMG almost assures it.
China has very strict controls about money leaving China.
Let's not forget the "fly in the ointment". Oh, I believe one can get it at .0003 if one is a risk taker.
Hehehe, good one.
Oh now, just because you are a bagholder is no reason to be upset with me. I just state the facts. Ol arne said he had an "arrangement" with Brock. Maybe he should put this "arrangement" into an SEC filing. HA
Yea, but at this point in time, the Govt-Buys acquisition has not been consumated; arne has missed the first installment payment; thus, no acquisition yet. Contracts currently belong to Government-Buys. Brock is not going to give the company to arne. There is only an agreement for arne to acquire Govt_Buys. Years before arne was telling shareholders about his subsidiaries; but as one sees there are no subsidiaries.
I have worked with many SEC filings and what arne is feeding shareholders is BS. \
At no time does ol arne talk about the FINANCING; because he does not have it.