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They did a 300 million dollar shelf offering last april. All Gevo knows is to make money off investors..
Huge dumps..so sad they won’t let this one go up at all..greed
All he buys into or posts things on is penny stocks..has the same m/o on every board. I’m guessing he does this to get attention? Very strange to do the exact same thing on every board..but to each his own.
All Gevo knows how to do well...
Endless supply of shares at 2...
So why are they drilling nine new wells?
https://www.google.com/amp/s/www.chron.com/business/energy/amp/Drilling-Down-Sanchez-Energy-drills-on-despite-13640918.php
I just called them and yes they are still the transfer agent for Bemax.
Securities Transfer Corporation. Their number is 469-633-0101, if you would like to call them yourself.
Talk about beating a dead horse..I called them..I posted their phone number..call them and speak to them..
Very true..you think they are legit or just selling shares for a few bucks before they hit .0001 and have “unexpected delays” on their progress?
All depends on how legitimate the company is. Is he selling for his own pocketbook or to better the company? Hopefully the latter, but they dumped some shares today. He said there was 200k to go as of last week. If they dumped 50 million of it just today that’s 25k. So they will be done pretty quick unless there’s more dumping after the fact. Time will tell.
Lol, gotcha...
So you said they have no transfer agent which is false..you said their transfer agent is gagged which also is false..what else can I debunk for you with a simple phone call?
They’re not gagged..they gave me the current outstanding..you have no idea what you’re talking about..
So what about them not having a transfer agent? You seem to say things, people prove them wrong, and then it’s like “poof” you never said it..
I just called them and yes they are still the transfer agent for Bemax.
Securities Transfer Corporation. Their number is 469-633-0101, if you would like to call them yourself.
The ask has never had 15 million shares parked on it
I see that as the MM’s pumping it to try and get people to buy in so they can keep diluting for their note holders. They eventually run out of steam and dilute the crap out of the remaining ticks. I think unless there’s news this one is cooked...
Absolutely pathetic!!
Pathetic..hopefully the note will all be done soon. Hopefully at least 20k of the selling went to it today.
Don’t freak out too much yet. Went back up two ticks. I think there’s a lot of life left in this one..
But again we do have the worry of them selling this to .0001 and reverse splitting again. So do what you think you need to do.
I think if I were you I’d hold. Enough people still have faith that I think it’ll run, but if management does what they are saying they’re going to do then I think we have no problem going over a penny later this year.
I think so, but I’ve been burned a lot on these companies. I’m in at .0007 so I’m going to hold. This year things are supposed to come together. If they keep pushing dates back later this year, I’m going to sell. We shall see what happens.
Like I said, sad what they can do when converting notes..dumping the crap out of it just to get their money. Seems that all companies suck these days..
You and me both..I’d like to see the 7’s wipes out and see if they let it go up..I’m tapped out though.
They loaded up 13 million on the ask just at the 7’s
All fake..sad what they can do to hide things
Yep..someone has to.
Yep..we need someone to let loose of about 5 grand..
I sure wouldn’t mind if you’d throw 10 grand at it lol..!!
I agree with you..this is not all note conversion selling, but I do think the majority is. If they could drop us a little news it would help out tremendously and keep the downward pressure off. I personally do think this is the real deal and hopefully mid year this will start a rapid upward climb, but in penny land who really knows what will happen.
Puts us at what 600 million shares?
Looks that way..
I asked about how much in the way of notes..here is the response:
There is only about $200K left in the convertible notes. At 7 million shares per day average is $4900 per day. Yesterday was 53 mm which is $37,000. Shouldn’t take much longer. We are waiting it out also. - mb
Gone again
Two emailed responses about salaries and convertible debt:
1sr email: There is no money. That is accrued salaries for the whole company for over two years. In fact, I have personally loaned the company over $500k during that period. Check the cash line on the BS. You will see there is no money. We have stopped accruing salaries.
2nd email: We believe once the convertible debt is out, there won’t be any more downward pressure on the stock. A by product is that the volume is way up which is liquidity.
And they’re back
I just sent another asking about that exact thing. See if he replies. If he does, I’ll post it.
I sent one this morning..he responded..
My email is first his response is next..
I am currently a shareholder and I am quite unnerved with the actions of your stock price. It seems that you have endless and unmerciful dilution happening even with a reverse split of your stock just months ago. I am hoping you and your company are not in this just to sell shares to fund your very large salaries. If you find some time could you please update me with your intentions of dilution and why your salaries are so extravagant with a company having zero revenue.
His response:
No one is taking a salary. Shares being traded are existing shares paid for by investors in the company. Remember, any shares sold on the open market are also purchased by new buyers. I don’t know where you get your information but it is false.
I guess unless you’re a blue chip, every stinking ticker out there dilutes, dilutes and dilutes some more. Sad they can get away with it. I do wish the SEC would impose a one R/S rule and done. That companies would get one R/S and that’s all they get. It would end the endless ATM cycles.