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Meaningless numbers. We need a company update.
If the rats have indeed jumped the USS Ironridge, Act II is to execute the revenue stream. The company has yet to do so, but if they happen to one day, shares would go parabolic.
Given history, I am not banking on it. However if Ironridge is truly gone and they get some money in the door instead of chasing "the next latest and greatest deal" that fizzles out, this could be a much different story.
If, if, if
What are you talking about?
Ironridge dumps hundreds of millions of shares at a time. Not a million.
All Depends On Ironridge
If they are done diluting and this gets some good news soon, the stock could shoot into orbit. Just look at the asks... super thin. It won't take much at all. Then again, this is VelaTel. Good news is hard to come by these days.
VELA is trading, Cowboy.
Over 5 million shares today. Please go pump or speculate somewhere else.
I would guess the Q is coming. Why it has been delayed so long is a very good question, however I see no reason why they'd waste time in filing the K (May) and not the Q.
The Sinking USS Ironridge?
"Peter Thomas" makes an interesting statement below about Ironridge. I have heard rumors that things are not going well there, and all of the lawsuits from companies they have pillaged appear to be catching up with them. If these guys are really scrambling like cockroaches with the light turned, VelaTel may have a chance to breathe. If dilution ends and actual revenue happens, the stock could tear. That's a lot, but we will see.
Now I know ELBERT is nuts. 3-5 Years? LOL
So NEWL Got a Restraining Order Against Ironridge..?
Now THIS is interesting. I wonder if there are more case out there.
http://ih.advfn.com/p.php?pid=nmona&article=62460719&xref=newsalerttweet&adw=1126416
This is the first I have seen a small fish say "enough is enough" and go after Ironridge and their practices. I wonder if VELATEL is aware of this and considering action since it's quite obvious the effects that Ironridge has had on their stock price?
ELBERT... Start with .001 - .008
What kind of absurd market cap are you working with at 3 BILLION shares? LOL
ELBERT doesn't know how to respond to the 10K
This is the person who tells us we are all fools for not buying.
I rest my case.
Next Week Pretty Much A Given - Think It Has To Be
It Means Nothing Until Dilution Dies & Revenue Lives
If that ever happens, you will be handsomely rewarded. However, shareholders have been waiting for years and years.
They Sold Peru. Try Again With Another "Rumor"
People on here will say anything. A stop to dilution and subscriber growth will be the only things to move this stock. "Rumors" don't move this.
If dilution stops and subscribers ramp, this explodes. Given history, should we expect it? No
Form 4 - CLASS B - Huge Difference
There is no "insider buying". What money would they have to do that with? LOL
These are class B shares. Please know the difference.
It Can Run As Long As Dilution Is Halted
If it's ever halted and the company actually delivers something tangible, VELA could be worth something. They have a lot of bad history to overcome. For example, expect over 2 billion shares next report.
Yes. "New Info" = 2-3 BILLION Shares. LOL
Maybe then, ELBERT, you will see the light as to what the smart ones have been talking about.
If they ever limited dilution and actually made some money in China, this would move nicely.
History says otherwise, given there is zero record of execution in terms of $
Dilution, Not Shorts Is the Problem
Ironridge probably shorts when they get more shares to flood the market with, so blaming shorts for the poor performance of VELA is silly.
Yes, K_Dog - VNDM At Ask - DILUTION Returning?
"Well that lasted" might be just right LOLOLOL
Dilution Has Paused, But For How Long?
Anyone with half a brain can see that shares are not being blown out the door right now, but don't get too excited. These pauses have happened before. The stock is allowed to run and then gets halved again by the next wave of shares hitting the market.
Will it be different this time? Recent past says no.
If however, somehow the dilution stops one day, the stock can most likely go much higher from here. The company has had capital problems and while control of China Motion Mobile is a great start, there still needs to be execution. If it happens, many who buy here will be rewarded many, many times over. If not, most likely another death-via-reverse split awaits as George Alvarez will then move on to yet another strategy.
LOL @ ELBERTO | NEWSFLASH: DILUTION KILLS
What a clown.
Need More VELA Fortune Cookie Wisdom From Krisandtilly
The forest, the tree...
If a company with well over a billion shares promises good things ahead, does it make a sound?
Go, Krisandtilly, be one with your fallen tree in ELBERTO Forest
Always Tomorrow, Next Week, Next Year, ELBERT
LOL
Keep that HOPE alive and maybe things will CHANGE.
JAH RIGHT
In the meantime, I have some Obamacare I'll sell ya
ELBERT Says Bottom. VELA Hits New LOW
Another missed call by ELBERTO.
Yes "Krisandtilly", Post Unrelated Yahoo Garbage
You can't hide reality.
"I Don't Care About Good News" - ELBERT
LMAO
I guess you don't care about dilution and reality either.
Krisandtilly & ELBERT Must Work For VelaTel
The amount of garbage and recycled, outdated information these two pumpers post is a complete distortion of reality and a disservice to people who have any investing intelligence whatsoever.
.0006 Zero Soon... Need ELBERT To PUMP IT
Stop Spamming This Board "Krisandtilly"
You're almost as bad as ELBERT.
Can You Post Something On Chinacomm?
That's only a few years old and it would be equally pointless as your previous posts. Stop pumping this dead doornail.
Stop Recycling Old Information, ELBERT
It is pathetic.
Same Website, Same Lies. Not New.
Just some "press releases" that no one will care about.
Some people here will try to spin anything. Pathetic.
Selling resumed. Carry on.
Waiting for ELBERT To Spin .0008
A new historical low.
I Post Facts, ELBERT, You Post Hope
What is the current OS you are working with? Still under 500 million? LMAO
Yes ELBERT, It's Those Evil Market Makers
UH, NO.
It is the endless dilution the smart people here have identified going to Ironridge that is to blame. Then again, you probably still think there are less than 500 million shares.
galvarez@velatel.com Enjoy the lies.
Oh, and while you're at it, ask Mr. Jorge why he doesn't PR material events anymore? I would think the Starhub mention would be a big deal for the company, but I guess they want to keep it a secret.
Could it possibly be because George and friends want to convert their own shares and dilute the company for their own personal benefit if something actually goes right? That's the most meaningful question you can ask him right now.
Again, enjoy the lies... and feel free to share here so we can all have a laugh.
ELBERT: Why Don't You Google Ironridge's Derivative Structure
That's real DD.
While you're at it, take a look at all of the stocks they have destroyed. Many here are aware and have been so for a long, long time. This is why your "analysis" has been comical to read.
According to 10-Q - Over 1 BILLION Shares
Shut up, you pumper. You are past the point of ridiculousness now.
ONE BILLION shares.
Better get back to doing your "DD" since your calculations are from another planet.
Do you work for Velatel?
Ole' ELBERT Has Lost His Marbles
He says he does DD but now he says he is speculating.
He is also saying this stock could hit $1.00 on their upcoming filings.
So if you are keeping track, if there are 500 million or, more likely, 1 billion shares, VELA would go from being worth a million bucks to a billion dollars.
This guy's misinformation is comical.
If you read and act on his garbage, it is your own fault.
Thanks for the company profile, ELBERT
Unfortunately it will take more than an empty pump for the stock to go up.
Material events would be a start.
Poor Elbert... No Company Saving PR
Trading isn't halted because of a miracle, dumb@$$... all OTC stocks are halted.
This quack is dangerous.
600 million shares outstanding coming at the very least. Bank on it.