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Therefore, I guess that even when they issue the audited financials, show huge growth in revenue in the second quarter, and prove they are going to be big....you will still consider them a POFS SCAM???
Why is that?
....and when we have 50 trades at $8K, what does that mean?
You'll have to explain what dump you mean....the 51K shares today? When many are traded it is said by some that people are dumping....when few shares are traded the same is said. Is there a time when people just buy and sell?
You can post all the charts you want, but it does not say people are doing other than accumulating.
I don't remember whether they had NRI of owned the leases completely. Can someone please refresh my memory.
That makes no sense to me.
The mines and leases on those mines exist. If you want to debate the value of the assets in the mines, that is open to different views.....I am not personally certain of the asset values.
How can that be proved, when your starting theory cannot be proved. Again, this is your perception....wrong as it may be.
I think you may be wrong on that last statement. People are buying, and many of them are accumulating and holding.
That is what I thought. This is made up allegations. BINGO!!!!!
We have already determined that you do not actually know what the float is, and all this other stuff is silly. I love he opportunity this pink sheet stock represents for speculators.
OK...so you don't actually know what the float has increased to. It may have only gone up 2-4M shares since January????? I think that is just fine with me.
You say that you know the float number. Please confirm to us what the actual float is. I know it was just under 70M since the beginning of the year. What is it now....if anyone else knows also.
Thanks for trying to protect me from making a mistake. However, I think anyone who does not buy or hold here is the one making the mistake.
Wrong again.....if someone were 'peddling' the paper here, we would see many more shares outstanding. only about 33% of all shares authorized have been issued....and only 25% of those are tradeable.
I have been hearing that on a regular basis for months....still it has not even come close.
That I can understand. You should be a math teacher.
My math skills must need a brush up. When something drops from 8 to 4....that seems like 50%. If it went from 8 to 0 then I thought that would be 100%.
You mention 'the other day'. What date was that which would have put you down 80%????
I thought you were saying that new shares were issued into the outstanding. Knowing that less than 15M shares are able to be taken off restriction this year (some of those are already off) I am not concerned.
So, what are saying is that the information I received from the transfer agent about outstanding and restricted are wrong? Are you saying more shares were issued, and they were not restricted, or that some restricted came off the restriction?
The OS is 248M+ of which 179M+ of those are restricted. I asked if they could tell me when the 179M restricted were issued (as it takes 1 year to become fully tradeable) they said it would take some time to do that. However when I asked what the restricted was as of 1/1/15 they said it was 15M+.
Love to know how that can happen when we have current data from the transfer agent, and they are not gagged with their information. Listen to this....NO NEW TRADEABLE SHARES. Call and confirm for yourself.
Tell me again who is running the scam you are talking about. How is it run, and who has benefited?
So it was not a pump by Bayport? I can't keep these stories straight anymore. Maybe my dog was pumping this and my cat was selling?
Does that mean that the majority of longs are not selling? Yes....that is what it means. Those that know what the company is headed for, want to be there to reap the profits. If you are correct that an 'insider' is selling their shares with insider knowledge, that would end them up in jail....so it is an insider that has no knowledge?
Actually, if you have followed any of my posts, you would know that I did very well on the pre RS sale of 35M+ shares. You have to know when to hold em....and when to fold em.....I documented picking up another 1M post RS @ .005. I am holden em right now. I anticipate seeing .02 on them before I sell any.
I thought I was talking about the increase in restricted stock in Feb '15.....What does this have to do with that?
Now I understand your numbers, and they make sense. But again this assumes they actually sold them. I have not concluded that yet, because knowing Jim, I would doubt that he issued those shares that cheaply.
I saw that also....but when you mentioned a price per share, I thought there was something I was not aware of. Thanks.
WOW....sorry I even asked.
First, I was not asking for proof, just how that thought was arrived at....was there something in the financials????
Second, I never said I had any proof of anything on this subject, just that I was aware of a few situations where the restricted shares were issued, and not given to anyone....kept by the company.
Share with me please how you know they were sold.
Then how could James Porter be nominated for the Micro-cap Ethical CEO of the Year award?
I don't think so, as this was an allegation made that was thrown out of court.
Again, you are jumping to a conclusion without complete facts. I have seen a few situations where restricted shares were issued, but not used for anything yet. They just sat at the company for later use. I could understand how someone could jump to your conclusion.
I do not know why you have jumped to the conclusion that this even has some relationship to the JFK deal. This happened months before the JFK deal. Whatever they need to use the shares for, I think we will all find out soon. I am certain, because of the timing, and other things, that it has nothing to do with anything we know about right now.
Did they say they SOLD 195M shares, or ISSUED those shares. I do not remember. As there is a difference to me.
Through the LENS of proper grammar, I would not jump to that conclusion. As the lack of significant revenue does not mean the company is not functioning.
More bullshit here. Actually the same bullshit. It says nothing bout what the company is attempting to do.
Sorry for the misstatement on my part. I was trying to refer to shares that were thrown into the market. These shares may be issued, but I do not see them as tradeable and diluting the pool of tradeable shares. You are however correct in your statement that they are issued.
Not sure he IMPLIED that, but you can INFER from his statement anything you desire. Maybe he was referring to the Two Well Cook Leases.