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That $ amount appears to have been edited out of his post for some reason but i think it was $45k.
if they were to convert I'd imagine it will look a lot like last month - the whole nut in 1-2 days. If we can't buy it back, then I believe that's what we're looking at - few days and then clear skies.
Winters Member Level Monday, 08/24/15 03:16:02 PM
Re: fenian32 post# 25783
Post # of 25924
I can say that I am doing/ will be doing everything I legally can to help that situation.
BTW, it is our RIGHT to pay off that note. They can NOT refuse. This is not like the older notes that were past their conversion dates when I took over and I was at their mercy.
Another end of day dump.13 Million today, so far. Is Brian still claiming he doesn't know where VFIN's daily dump of shares are coming from ???
This would be at least at .0008 without the daily dumping of shares by VFIN.
Do you still think its me all selling these shares through VFIN ? I must have more shares than Chidoc at this rate lol. We are well over 100 million shares from them in the past 10 days.
Agreed, as per my last post. How many retail shareholders do you know use VFIN to sell large blocks of shares ????
There coming from somewhere, I'd very much doubt it s a retail shareholder. They may already be part of the O/S i.e some large company holder ???
Another 13 million converted this evening at .000392. That is not a retail shareholder. This is a block seller adding new shares into the market and it has been happening for a week and is keeping the PPS down.
Time Price Volume Market
15:59:28 0.0004 911 OTO
15:58:09 0.0004 889880 OTO
15:58:08 0.0004 271126 OTO
15:57:24 0.0004 2250000 OTO
15:56:08 0.0004 1800000 OTO
15:50:06 0.0004 778874 OTO
15:48:52 0.0004 221126 OTO
15:48:46 0.000392 13000000 OTO
15:48:30 0.0004 3550000 OTO
15:48:26 0.0004 5480000 OTO
15:48:25 0.0004 3748874 OTO
15:33:58 0.0004 500000 OTO
14:34:52 0.0004 4000000 OTO
14:29:39 0.0005 5000 OTO
14:22:05 0.0004 5000000 OTO
14:21:51 0.0005 1784000 OTO
13:16:09 0.0005 2000000 OTO
12:50:39 0.0005 6000 OTO
12:50:29 0.0004 10000 OTO
12:50:08 0.000392 4000000 OTO
12:49:47 0.0004 2500000 OTO
12:49:40 0.00038 10000 OTO
12:48:54 0.0004 680000 OTO
12:48:45 0.0004 10000 OTO
12:48:25 0.0004 10000
12:48:25 0.0004 10000 OTO
12:46:28 0.0004 100000 OTO
12:44:49 0.0004 100000 OTO
12:25:39 0.0004 90000 OTO
12:25:35 0.0004 10000 OTO
12:06:22 0.0004 90000 OTO
12:25:39 0.0004 90000 OTO
12:25:35 0.0004 10000 OTO
12:06:22 0.0004 90000 OTO
12:06:19 0.0004 10000 OTO
11:58:47 0.0004 100000 OTO
11:58:45 0.0004 10000 OTO
11:40:35 0.0004 10000 OTO
11:40:35 0.0004 10000 OTO
11:40:31 0.0004 80000 OTO
11:36:09 0.0004 80000 OTO
11:36:09 0.0004 330000 OTO
11:36:07 0.0004 40000 OTO
11:36:04 0.0004 20000 OTO
11:36:01 0.0004 10000 OTO
11:35:59 0.0004 10000 OTO
11:35:57 0.0004 10000 OTO
11:10:00 0.0004 140000 OTO
11:09:59 0.0004 10000 OTO
11:09:11 0.0004 6000000 OTO
11:07:43 0.0004 6000000 OTO
10:54:30 0.0004 525000 OTO
10:53:46 0.0004 235600 OTO
10:47:51 0.0004 284000 OTO
10:46:38 0.0004 77671 OTO
10:46:38 0.0004 362329 OTO
10:46:38 0.0004 10000 OTO
10:44:49 0.0004 548671 OTO
10:36:51 0.0004 10000 OTO
10:36:50 0.0004 373000 OTO
10:36:50 0.0004 78329 OTO
10:35:40 0.0004 627000 OTO
10:31:31 0.0004 10000 OTO
10:27:25 0.0004 10000 OTO
10:27:20 0.0004 621120 OTO
10:23:58 0.0004 1000000 OTO
10:11:48 0.0004 259525 OTO
10:11:28 0.0004 460475 OTO
10:11:07 0.0004 450000 OTO
10:05:14 0.0004 385880 OTO
09:58:37 0.0004 999999 OTO
09:58:33 0.0004 20121 OTO
09:58:16 0.0004 79879 OTO
09:58:10 0.0004 3500000 OTO
09:58:07 0.0004 2400000 OTO
09:57:58 0.0004 4000000 OTO
09:57:58 0.0004 4000000 OTO
09:42:33 0.0004 594000 OTO
09:41:44 0.0004 1000000 OTO
09:33:04 0.0004 406000 OTO
09:31:04 0.0004 175000 OTO
09:30:04 0.0004 100000 OTO
.0003 x .0004 another 15 million dumped at .0004. Flippers make out again, congrats!.
I hope it works out but history does not give an investor confidence here.
Considering that Brian has gone from buying the note back been a sure thing, to it will only take a few days for them to convert i think we can expect the worst and the note holder knows it.
They can short at will now before they convert as they will have the shares to cover.
Extra shares have been entering the market for over a week already, although some refuse to believe whats in front of their eyes. Shares converted this morning at .000382 even though conversions are supposed to be finished ????
I assume Brian that if you are in the slightest bit genuine about buying back the note that if they refuse to sell it back you will put that money on the bid to purchase any shares they convert ??
You assured us that you were going to buy the last note back as well and we know how that turned out. I assume you will also be using those funds to sustain the bid ??
The conversion will be for two - three hundred million shares.
You'll see .0001 again in the next few weeks if that note converts.
Dilution restarted here again!!! Did you find these shares behind the couch Brian ???
Not with the quantity that was sold, they also kept lowering the sell price. First 6, then 5 and 4 on Friday.
If you count 10 - 15 million shares nothing then he has nothing. But that 10 - 15 million shares each of the past three days is what stopped this moving and put it back in reverse. Remove the rose tinted glasses.
Not set priced blocks through VFIN. It has happened for the past three days. Its not MM buying as others have stated as it has had a deflating effect on the stock. VFIN share blocks have also been transferred to NITE to sell.
You may want to talk to your TA as a Substantial amount of non retail new shares are entering the market through VFIN the past three days. This is either through Conversions, restricted shares becoming free, or for services you paid for with shares. Either way this will just spike on news and drop again if it continues. Great for flippers not great for confidence in the stock.
Its a pity because without those extra shares added this week this would of been pushing on .001 and a chance of breaking out.
These are conversions a 14 million block sale at .000392 today. I'd expect at least 30 - 40 million this week so far. It Looks like Brian is telling porkies again....This is only good for flippers while selling by conversions go on.
People are talking about pennies but do people not realise that the stock closed at .0004. Lets see this reach .001 and hold it before anymore foolish projections of pennies.
And Spyrcel, i hold enough and don't intend on buying anymore. I'll probably now start flipping a 10 - 15 million block untill i'm sure selling/conversions have finished. I'll look for confirmation of that from the time and sales not Brian, its more reliable and factual.
No, VFIN also appear to be supplying shares to other MM's. Its a significant proportion of the daily volume all week. Its enough to stop the upward momentum.
VFIN back selling at .0005. Its a pity they keep ruining any momentum.
who's hitting 6....
.0004 x .0005 again. With all the talk of pennies and copper this can't even hold a .0006 bid.
It could get there unless someone takes out that block @.0006.
How did the note below convert if it wasn't due untill 2016 ??
On October 13, 2013 the Company issued a convertible note to Catherine Evans for $75,000. The bears and interest rate of 4% and matures on April 6, 2016. The note is convertible at a discount of 15% of the average of the two lowest trading prices in the 10 days prior to conversion As of June 30, 2015 the outstanding balance due on the note was $7,405.
If its is a buyback of the CD we could see .0008 today yet.
At least this churning at .0005/.0006 is getting rid of lots of the .0002 flippers and should re-establish the base here.
I've used them myself before to create the exact same conversation that is happening here. I would also stack multi MM's on the ask just for the bad look it gives. It is creating some doubt here so whoever is doing it its probably working for them.
Its risky because all your blocking shares can be bought out in an instant if news comes out.
A several million buy at .0006 would prove it one way or the other...
.0006 back up, it will be interesting to see if VFIN just turns out to be a retail seller...to create doubt.
Close .0006 + 100%
Has Brian told anybody who VFIN @.0005 is representing today ??
It could do with a rest @ 5/6 a week before any news to remove all the .0002 flippers. No dilution happening at the moment but very little bid support as people are understandably wary.
There is normally a 5 digit block sale posted totalling the conversions for that day.
Also the fact that 250 million shares could only come from dilution.
They dumped 250 Million shares last week in a few hours that was the note.
You had a good feeling the last time Brian told you conversions were at an end and the time before that and the time before that. Your good feelings never work out too well for retail investors.
Personally i would only believe that Brian has done something about that note when it actually happens. His efforts to stop dilution haven't amounted to much with the stock at its lowest possible.
Its .00005 they would be converting at not .0001. So a $30K note would be equal to 600 million shares sold into the bid at .0001 and the end of this stock as we know it.
As i stated several times in the past whatever was possible should of been done to put a floor under this stock at .0005 to improve the conversion price, it wasn't done. So we are now bordering on going to no bid and one of the worst performers even for pinksheet stocks this year. All down to non stop dilution.
If those notes convert this goes to no bid and a reverse split follows soon afterwards.
They may be the first buyers to make money on line buy at .0002 and sell at .0003 for 50%. Those that trusted Brian from the beginning got screwed.
Those scenarios would once again make Brian a liar. He said there was no more notes left. 250 million shares sold another 150 million available at .0002.
There is no need to create panic to get shares in this stock, the company/Brian has dumped a billion shares in a few months.
What we will likely see tomorrow is a bunch of new posters pumping this with there 250 million shares that they bought at .0002 and trying to sell them at .0003 before this goes no bid.
Still no excuse for your false misleading filings to the SEC ??
When do we discover about another note you didn't report, tomorrow, next week ?
There was 250 million shares sold today at .0002, there is another 150 million shares currently on the ask @.0002. To help you Brian, that is 400 million shares. You expect us to believe that you or someone you know isn't behind that ?
Nobody can believe a single word you say you have lied to us again and again. Your filings are proof of deliberate misleading your own investors.
As soon as you say dilution is finished you dump hundreds of millions more. Your credibility is worthless. Your dilution has gone too far this time, the SEC awaits.