Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We don't need a PHD to run down a company with 50M cash to a share value at $0.0004 and pay him quarter million per year. Any stupid guy can do this kind of job.
SEATTLE (AP) — A Seattle CEO who announced that he's giving himself a drastic pay cut to help cover the cost of big raises for his employees didn't just make those workers happy, he's already gained new customers too.
The company is called " Gravity Payments"
Erhe management will earn some respect if they do the same.
Indeed, they just try to do the RS and sell more shares through Toxic debts.
This is the only way ERHE can collect some cash for their own salaries.
NO cutting salary was announced.
DK? You mean "Donkey"
Anyone heard resignation or quitting the job from management for feeling shamed of running company to the ashes?
Or they insist to go down with this sinking boat till end?
Yeh, he is buying still, maybe another couple millions of shares. He is doing his best to collect his salary by "FISHING".
You should be all in, buy as much as you can and wait to next year if your DD is correct.
Don't worry, not too much deeper we will go. Destination, 0.0001, is not far away.
He was thinking to save the company by buying few thousands dollars of shares at 0.0012. There is no conflict interest to buy at this low level now.
A company likes to deal with crooks, acts like crook, then must be a crook.
Oil business is going down, looks like ERHE creates new business by selling wall paper, toxic debts. They may have learned some skills from previous deal with the crook Stanford. I really hope they are not the same kind.
Yeh, MM did not want to sell even few hundreds of shares at this price. Just passing mm's own hands.
I have " none" instruction, always.
Manipulation. I made a bid order at 8:36am for 5000 shares at $0.132. I checked level 2 , only my order is sitting there at that bidding price, then two small orders transacted at 0.132. I did not get any. Why?
Don't look at 3 millions of shares insider just bought, insider puts 3600$ buying its own shares means nothing. I think that is a bait of fishing. The only purpose is to help toxic debts holders selling more shares for their paychecks.
"capital holders are the exclusive owners of the tax attribute from the net operating losses or NOL. "
I am little bit confused, I thought that old cold equity/debt holders are the owners of NOL. Capital trusts are old cold debts holders which I agree with you. Are there other old cold debt holders existing somewhere to share NOL with us? Tia for your thoughts
Now they have proved their speciality in dealing with toxic debts and crooks like Stanford.
Those insiders intentionally made those toxic debts instead of cutting their salaries and expenses. Cause they only care about themselves. Now, the PPS at 0.001 we gonna see hundreds of million shares transaction every day till BK.
So long as OBS will receive something due to huge NOL, CTs will grab something in front of OBS.
There is a reason why CTs were not cancelled and uplisted again.
This is very unusual and suspect, for more than 6 years you can't let public know a detailed purchase agreement. Definitely, someone tried to hide something. Is this difficult to verify and estimate all the items you want to sell or buy? Unbelievable
Bounced back to where? I see bid at 0.0016.
Cause they don't believe that higher price is going to come in the further.
They are "not" the largest shareholders. Those toxic debt holders are. The lower the price goes down, the more shares they can get.
Those shorties won't buy back cheaper shares, they buy debts to convert millions of shares and keep selling.
ERHE gave toxic debt holders lots of cheap bullets. They worked together closely and well.
I am watching and waiting. I also bought 1000p for my daughter.
Thank your for your great information.
PSH was a sub of WMI you verify with old filing.
I just don't have the relationship between PSH and FSB.
So, FSb was owned by PSH which was owned by WMI. Is it correct? Which means that JPM robbed another 20-50B??
So, we don't own any 2000+ properties, we don't have any mortgage business. do we? any ownership records to prove? Tia
I understand neither. Just before Feb 25th 2014, JPM still insisted they merged with WAMU, so they owned WAMU mortgage business even they just paid 1.9B.
If GSA was a done deal, why JPM still has this nonsense in year 2014.
That was JPM's figure, you still fully believe JPM. Someone robed and stole your assets, you still believed his accounting system, robber will count your missing items accurately. Amazing.
Without 330 pages Lawrence Nordi's deposition, a Florida Judge won't deny JPM's motion on Feb 25th, 2014.
Jpm won't release this 165 B off- book deposit in its 2014 10k.
I give the opportunity to you or someone else who can keep supporting the company and their salaries.
Actually those toxic debts holders only need to convert more shares to sell instead of buying. Why did someone call it a win-win situation?
Yes, Chrome is buying, they did not buy for $0.075 at the time of rights offering, they did not buy weeks ago at $0.01 like couple insiders, Chrome's opportunity is coming now at $0.004 and below.
This is the first step to cut expenses, I thought they will cut their salaries first.
There will have 10million new preferred stocks. What is face value for each? $1000.00 or higher , it depends on the cash flowing back from JPM/ (FDIC). Am I right?
Yes, especially how to avoid being taxed for such huge capital gains. WMIH will issue new Preferred Stocks for the money flowing from LTI. I guess.
Does it mean JPM will return 100B cash, $27B JPM shares, 38B remaining mortgage business to escrow holders? Tia
"Drilling of the first exploration well is expected during Q1 2016, if all conditions precedent are met."
So, for Kenya's block 11A, drilling may be delayed for another 6 to 12 months.