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OK so that makes sense.
Yes, I am all for removing him, getting relisted, having shareholders elect a board or even a new CEO, whatever... All that stuff I'm for.
As I understand it.. nothing about a class action precludes any of that. If you have a way to get any of that done in the meantime... by all means, let's do it.
You said you have 0 interest in a class action, but what it sounds like is you think other things should be done sooner and would be better. I can get on board with that.... but at the same time, I'd note that you haven't really said what it's bad or you're 'against' it... just that sooner results would be better... which I think we'd all agree with.
How do you propose to remove him from his role after the first trial?
I just can't imagine a less optimal decision..... but each to his/her own I suppose.
Exciting day!
Why??? I think this is the ideal for most of us.
Even if they take 30% let's say, it's very close to a guarantee of a win as I see it at a cost of nothing to us up front.
Why wouldn't you want this? punitive damages against Billy might more than offset the 'extra' we'd have to pay.
So...I'm very curious.. What do you have against a class action???
What alternative are you suggesting?
Thanks for being there!
Any of us contributing money would need to agree on a completely 'hands off' approach. If we don't entrust the group we've chosen, it won't work. If anyone wants to personally work with a lawyer, then going in with the group might not be the best option... though I think for the good of all of us, it's much better to pool resources.
If we need two representatives, then we should probably choose a third person this time to field all questions/concerns from shareholders to pass on to the reps as they see fit, and then update the group as they see fit if and when any information comes from the people representing us.. Reps are doing a lot for us and should be insulated from some of the other stuff. Not that questions and all aren't important.. Just that we need to make sure not to put all the burden on one person to communicate with everyone... but have a single point of contact for holders, and then a single point where answers to FAQs can be answered and updated for all to see.
I think we'd also need to all go into this knowing that we're on a 'need to know' basis, and that us knowing everything that happens when it happens is not crucial to the effort itself... and in fact may be detrimental since I'm sure there will be people here trying to keep an eye on what we're up to.
The law is on our side, and so is the truth. Tomorrow is the beginning of the end for those who would subvert either.
GL to us!!!
With crypto tanking, we're holding up pretty well... I feel like there is a lot of overlap between crypto and pennies.
Not that the current price has any big future effect since we're very binary... it's just interesting to see.
I'd be interested to see how this all breaks down. Last I recall, I believe we had about 400 million shares accounted for on here. Give or take a few hundred million. ( maybe that number is just on my mind because it's the preferred share count :))
It looks like you're saying about $1,000 per million shares is what would be appropriate?
I know not everyone would chip in, but it still seems like that's pretty high if a fair number of us did contribute. ($400,000?)
That said, I think it's worth splurging for someone good, and in fact may save over the long term since Billy would probably give in the more serious he perceives us to be.
Good luck to us!
The trial will be over 1 day long. 21rst is an off day. Hope to win next week.
GLTA!
who on twitter?
Good luck with your DD. There have been a lot of great posts here over the past year or two. I'd especially check out those from EcoMike, who read all pages of the application ((~200?)).
I'm holding a bunch and I think the discount is too high since I don't see how we don't get approved.
Feel free to ask some questions.. it's been quiet around here.
GLTA!
Any reason for the voluMe and price pop around noon? I don't see any news.
anyone heard anything about where RI-DEM is in their process?
I don't believe this is an issue. They sold interest in Recycler for $800,000, far higher than needed to get through to RI_DE decision. If Recycler is declined, then this is a topic to discuss.
At this juncture, though, I see 0% chance that we have any issues before
7-15 when a decision is issued. If it's approved, all the bond $ will hit.
Biggest concern is not $ to pay bills, it's getting projects ( Recycler, Durango,Panels) off the ground.
GL to us!
oh nice.. I guess that means those two shareholders dropped their lawsuit.
That was kind of silly, but I'm glad the matter is behind us either way.
Quick summary for everyone was that they did not like there being a separate 'medrecycler' entity with stock... but that's the only way we could get funded or approved.
While at a glance it may seem shady.... 5 minutes of research make it clear that this is best for the company.... and how great that we were able to raise $800,000 by selling shares of this recently ( as opposed to diluting SNPW and having to sell shares of all future facilities as well!)
If it gets denied, I will wait and hope for a good buying opportunity.
10 years down the road, I imagine her decision will not be a huge part of where the stock price is, one way or the other.
I certainly want us to get approved.. but if we don't... I think the huge discount ( I agree we'd go sub penny) may be worth much more in the long run.
Agree with this. The people doing a lot of the work have also taken a lot of flack... so doubly appreciate the effort which is largely behind the scenes and thankless to this point.
I agree that if and when we win, it would be nice for all of us to chip in and show appreciation for those who got us there.... and they'd deserve it whether we win or lose!
really hope ZW gets to talk to Billy at trial... if not directly.. hopefully the inventors, who appear to be on our side... can put in a 'good word' (that we'll pursue our rights!) on our behalf.
GL to us all!
I agree. It is, and it's scary... but I think it's important to be a voice against this erosion and not just accept it.
For the record, I don't think it's political.. or rather, I think both sides are guilty. They will bend the law when it suits their interests. Not saying every pol is bad, but I am saying that it's a scary time when feelings, mob rule, and money can override what is legal and right.
This is not some random patent troll type issue. We have 3 inventors who were obviously very much a part of the process...They tried to sell their tech and it was stolen.
You can say patent troll all you want, but that's just an unofficial term. You know what is official, though? Laws. WHen someone invents something in this country and then patents it... You can't just steal it and justify it by calling them a 'troll'.
THis isn't some obscure hard to understand issue, and it wasn't inadvertant theft, it was blatant.
I think the jury will see plaintiffs as real people rather than trolls, but I have no concerns about winning either way.
Concerns are Billy settling for too little, or keeping everything for himself.
The idea that companies that steal contribute to society, whereas the people they steal from do not.... I differ with you big time there. We are a civilation built on laws... take that away and it all falls apart.
GLTA
As I recall, they didn't own a ton of shares.
Doesn't take a lot to move this one, though.
Great! Thanks :)...
Progress is being made.. I agree... maybe not enough to buy out of the blue... but certainly encouraging to those of us who are holding.
GLTA!
Appreciate you sharing this.
What specs stand out to you the most?
also trying to understand by what magnitude we are better.
Like. are ours so good that we can charge $200 for the 'same' thing someone else is charging $100 for
(not that we would... just trying to understand how much better we are!)
I noticed the 9-12 month thing as well. Seems like it's being pushed back a bit..... but not a ton.
I'm all for optimism but I think it's good to balance it with the reality of the situation.
Would prefer "hope to begin construction by 'xx-xx', but because of variables, are anticipating between xx-xx and xx-xx to begin".
UL is the one I'd really like to hear about.
Sometimes the simplest explanation is the right one.
I believe they want to share info, and I believe the info is good. Therefore, I must conclude that there is a good reason that they can't.
guesses:
1.maybe they signed an NDA with other parties
2.maybe it would be a competitive disadvantage.
3.maybe they can't project anything official til all pieces are in place.
4.maybe there are legal liabilities
I really don't know nor am I too worried about it.
I plan on holding for a while.. so whether they give us this info now or in 3 months doesn't concern me a whole lot. Sure, I'd love to see the price going up instead of down... but since I'm not flipping, I can wait til it's the right time to share.
I think they are probably less concerned about the flippers and more about the long-term holders.. and while I can't speak for everyone, I get the sense that most long-term holders have faith in the process and patience for the results.
We'll see if that faith is well placed!
Fair points I suppose. You are right, I have written them via email and not gotten a response.
That said, I did respond on Twitter and ask the to take down the duplication on the Webpage. It was done within hours.
You are correct that I have my money here, but I don't necessarily agree that requests will get us info. Granted, I know they confirmed no R/S, and I believe your requests were a big part of that... so Im not saying it can never happen.
However... they have indicated that they'll give us more info when they can... and talked about the Q2 meeting and all. I don't think they're withholding info for fun... in fact, I think they'd LOVE to tell us everything that is going on.
I don't love to see the value of my shares waste away.. it is depressing... but I have enough faith in Nick to believe that he understands that shareholders want more info, and want results. I believe he understands this, and will get us what he can when he can.
It's fine that you don't agree, and your response does make sense to me. I am trying not to fret about it too much and just hoping things work out. Probably not the best strategy... but maybe less stressful.
GL Sir!
If they're as good as advertised, I'm going with the panels.
Benefit of those is that they'd be a quicker revenue stream, whereas some of these other projects would take some time to get approved and get going.
Who doesn't want answers to the questions?
One can simultaneously believe that it's a positive sign, and also still look forward to more details. Those things can co-exist.
When I got a mortgage, the commitment letter allowed me to go on and make the offer for the house. This was a long time ago, but that's how I view it.
An 8k is meaningful... I don't think they would have issued it if the news was not significant.
I'm not worried about today's price.... as a long term holder who is currently not selling any, I like to see this. It's certainly not a bad thing, anyway!
You're right, didn't take any time to digest. I commented before I realized that was all that was in there.
This one is going to take the market a couple of days to digest. It's not huge enough that we're going to double overnight... But for those who know what's going on ( As SNPWFAN said... yes, it's technically not a 'done' deal... but who is going to do all this prelim work and then back out?) this is exciting to see.
I know I have been saying this for a while, but I think shares are highly concentrated here, and I get the sense that the big holders are buying more on news like this because they already thought it was undervalued.
I think the ask is going to be thin when news hits.
GLTA
Things are progressing, the deal is legit. It's not concrete, but it's a step. They are clearly interested in doing this.
I believe in our projects long-term, so every step of the way that gets us closer to fruition is a good one. Are we going to 50 cents over this news?
no.
Are we a step closer to news that will drive us way up?
I believe so.
GLTA
I'm impressed it's stayed down this far on 20 million volume. Thought it was much thinner once something good happened. Maybe MMs are trading with each other to try and set a ceiling.
I've said it before but I really believe it... I don't think most serious holders have held on this long to sell at three and a half pennies. We may not breakout big on this... but it really does set the stage for a breakout when news on MedRecycler commes.
Anything in there about UL? Guess I shouldn't get greedy lol.
as my kids would say..... " NICE PRECISE! "
The pop before the pop. Love to see good things happening!
Surprised there's not more activity with this board. I have a friend with calls at $150 expiring next week and I'm hoping he gets there.
With the huge buyback and huge demand.... He's got an outside shot. I think he made the right call, just a bit too soon.
Curious if anyone has thoughts on why this didn't jump more on recent earnings. I have no position and likely won't take one, but I know they are selling product like hotcakes and it sees to be a good backlog.
GLTA!
Elon talking about renewables. Can't hurt! :) :)
Totally agree with everything you've said. I also agree that Long's posts are among the best and most informative. Further, I agree that do need to be unified, if for no other reason than our sanity.
I do think that for the most part, the best thing a majority of people can do right now is stay tuned. There may come a time when we need money for a lawyer, or need everyone to sign up for a class action, or whatever.
We shall see!
That's what you took from his post??? wow.
crisis averted! Now let's make something happen. To the moon!
If anything, it would be nice to uplist soon. I haven't heard much about that lately, but we certainly qualify with being over a penny for more than 30 days. Would love to see an uplist coincide with some big news.
I assume we filed an extension to the 15th? If so, that shouldn't keep us from trading. Hopefully everything is done on time.
Price will tank if we're late, but I'm not going to sell into it. Nick owns a bunch of shares and would bring it back current at some point.
Oh wow, that's messed up. I assume we'll file Q1 and be current shortly. Wonder why it would be restricted. Anyone else having trouble at any other sites?
Exciting time to be a holder.
That said, I actually don't think Q1 report will be anything all too special. Brett Rosen said the warrants would be settled as of 4-15. I'm not sure that happened but either way, that's not Q1, so I don't expect any big revelations on that front.
GLTA!
A quiet week.. and couple of months really. It seems that Nick was expecting stuff to happen a lot quicker than it did.. at least based on what we saw on Twitter.
Maybe there will be something interesting to talk about in the Q1.
Otherwise... we wait.
Many of us raised close to $5k a while back to pitch in for a lawyer.
WHen you say people should pitch in and assist, what exactly do you mean? What are you asking for that would help the cause?
I mean.. we could all write letters to our House Member or Senator. We could all write letters to the judge, Billy, We could picket... whatever... Point is, I think many are willing to help and pitch in, but I'm not clear that any actions we could take right now would further the cause.
While I appreciate your updates, frankly, we are no closer to a resolution because of them as far as I know..... we just know more. I mean, the trial date isn't any different from what it has been, right?
BA saying that we don't need a lawyer in Delaware but NC seems to be the only 'actionable' item I'm seeing right now that furthers our efforts, or at least gets us prepared.
All this is to say... At this point, I don't know of anything I can/should be doing prior to 5/20. If there's something I'm missing, please let me know. Otherwise, I think the best thing everyone can do is identify themselves, give their share counts to Tony, follow along, and perhaps be willing to contribute if it comes to that.
GLTA!