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Hearsay. You take bird and pieces of little tidbits. 30-40 million. I've been here since 2012 and I don't count that much.
GL. That have been broke for a year or two. The reason they filed for bankruptcy is due to the lawsuit and the shady deal of leveraging the IP.
You are happy cause u think the Bionitrogen won't move to your own town. Guess what. You have a sh$$tier company moving in. Good luck with that.
Hey. Luke put a torpedo into a 3 meter port on the Death Star. ' the last hope'.
Yes. There is always hope. Not losing it just yet but I am bracing myself.
I hope they do the right thing. Really do. Good luck.
But you do realize they want BK out... And the only way to do that ( if it wasn't part of the dropped charges) is to wipe the slate clean.
Sucks for a lot of us that has stuck by and watch this unfurl. If the BK debacle was different, I would be more optimistic. Imo
Judging by today's open, I would say it's not going well for us shareholders...
Dumb question but with the legal charges brought up on him and then dismissing, any possibility he may have lost or forfeited them since the charges were dropped?
I thought there was expirations on his ability to purchase. Anyone know how much he has?
TF 'it's been done many times '
PF 'Has it been done before'?
Derp
Interesting. Has it been done before?
What do mean getting the financing from 'us'?
You do realize those are day traders you are quoting ... Right?
TW.
Here you go. Speak in hyperbole with everything.
Bro
Boom
To the moon
Spread
Market maker
Gonna bounce
Oversold
Have multiple aliases and talk to yourself
Accumulation and show a useless chart
There are many more jargon words but slap them together with some hyperbole and you are now a day trader. Probably half don't know what they are saying other than trying to psych people into getting in or out
Swikey. Can we do anything about it?
With the exception of annon loan, anyone know of other debts leveraged by shares ? I can see chapter 11 and companies that are leveraged too heavily on stocks but I didn't think this one was.
I can see a dilutive event should new investors come on board but this chapter 11 seems to be just to get out of or buy time with annon loan and IP.
Not saying it's the only reason but I am speculating.
This is the first time I've ever seen day traders here...
I never said I 'believe' anything about applied Gaia or whatever.
I believe in the technology. I believe BION has / had a good shot at bringing this to fruition. They were making progress.
The funny thing is your statements and Mos sound very much soap operaish with saying you are right etc.
You yourself have never been part of a startup or bringing a company to fruition. You have questions and are quick to believe there are shady practices , conspiracies pulling things out of thin air.
If you have sources other than a Facebook page, please feel free to divulge them then. You are not a secret spy. If you think it should be public knowledge and is contrary to the paper ( a state run paper? ) then divulge them. Until then your statements about us believing or not believing what you say will continue.
You live down there and you should have the ability to find more answers not just hopping on someone else's bandwagon. If that bandwagon has definitive sources then good. But if they are opinions based on belief and opposition 'just because' then they are not valid and do not make you 'right'
I don't do Facebook. It's like the tabloid full of a lot of opinions. I put in on par with real housewives and reality garbage. There are some purposes but limited. I see the site pointing to newspaper articles that you are vehemently against. So please enlighten us if u can.
Looks like she gets the news from the paper with all those pictures. Also sounds like a venting site similar to reality shows.
I thought you said the paper is not a good resource for info.
Looks to me a lot is based on here say and ill informed / partial facts.
I get what it is and perhaps there is some validity in there but jeeez Louise. It's a giant ranting site to spread opinions. I don't see any references to actual sources
They lost three board of directors. Most likely due to they do not want their names or financials involved with any proceedings.
I only hope those other investors that were mentioned a few months ago are still in this thing and supporting them
Hope
Aaaaaannnnnnd the embarrassment of auto correct strikes.
correction *"IP is"
If the IPnis leveraged, how can they leverage it again? Or is that what the chapter 11 does ( nullify the first leveraged loan).
I can't believe people are still here. The scary closet in the basement of the house
Are you buying with an online trading account?
Interestingly I thought the same thing. I would kick a $1K or $2k to save this thing. But I would need to see a little more of the planning etc or at least some timeline that was in the works.
Funny. I just thought if I brought it up I would have been laughed at. I'm not laughing. We've come a long way swikey.
Can't trade online ...
It's not chapter 7. But does that mean our shares are worthless?
I read the same link Fletch. Looks like it protects us from that ridiculous loan and creditors but doesn't tell us if we lose everything.
Never been involved with a penny stock in chapter 11. Only the belly ups. Wait and see I guess
Good luck all
So that's it? :/
It's like Ying and Yang with you two :)
Roni. I think Fletch is implying that tue rumor is the current mgmt including Carlos are trying for the conspiracy charges against others. However I will say, I have brought up to other that here say and rumors should not necessarily be on here. But at this juncture , anything is welcome. Of course I probably won't bite. Not just. yet.
I do have to admit roni has called the anon case and the possible loss of the IP. I didn't think that could happen until I saw the dumb loan terms.
Soooooooo. Here I / we sit with the last quarter at the slot machine. It's 3:30am and I'm drunkingly not caring.
Well not really.
We'll know shortly.
Off topic. Roni. Do you happen to know or are in contact with any of the bigger investors ?
You may have an interpretation of Carlos as you see it. But a lot of other things stem from a person that is no longer with the company.
Nevertheless the CEO is supposed to recognize this and take precautions or nip it in the bud should there be issues prior to them getting out of hand. So it is on Carlos for letting his finance guy run around making some of these deals. Whether good or bad. In such a small company, you do not have the excuse of saying too much is good on. Eye on the ball.
All this being said, I wish circumstances were different for you and the company. As runner up said, this is / was a great piece of technology that could have really changed the world. Now it will either be eaten up and thrown out or cobbled together in pieces and have some half &SS attempt at putting things back together. I almost feel now this can go the way of the electric car so long ago should this go south all the way.
At one of my startups, we designed something so revolutionary and simple it would have changed the semiconductor fans, increase throughout, yield etc etc. we had a real sh$tty sales guy that sold out first few products to a customer that didn't want it. But they sold it anyway all so he could make a dime. We showed our competitors what we did and they were baffled and tried to do it themselves. But they knew the team didn't have a good head and all they had to do was wait until the company selling a product to the wrong customer would just shrivel wasting money trying to clean up the mess.
The ip got eaten up and locked away. And so the fabs are still the same. As the gasoline cars were still the same when GM squashed the electric car. Think of where we could have been with 50+ years of development with electric cars. Only now we see it coming together.
I do have a smidgen of hope. But we can only guess where this is going.
Good luck all. I may still buy a dingy ... Just not our yacht.
I was speaking about the tax free bond money. This is what adds up to the billions between all the sites.
There are no grants in the billions. ...
Without siting sources it's difficult to answer your question / concern. It leaves it open to interpretation when you say 'billion' which could only mean the bonds.
None. It was contingent on EPC and was only slated for building the plants.
I made my investment decision along time ago. And have lost my shorts on that decision. There was a lot of hype back then and there still is a lot of hype now with no substance. As an investor my anger and disappointment is justified by the past years performance so excuse me for feeling somewhat skeptical when something sounds very similar as they did one year ago. I think a lot of other people here have the same thoughts
Thank you very much.
Can someone, anyone, point out were 'game changer' comes from / or originated?
People are perpetuating a rumor.
The 'game changer' term started way back in July. And it's thrown around like a lollipop...
This is just like last year or ... Was it two years ago when there was the rumor of a big time celebrity being announced just around the time when the AS increased. A certain few said the increase was restricted and for certain financial reasons that would not hit the OS. And sure enough the OS increased to 3.5 billion ( from 2.5 billion at that time)
Soooooo. Can someone point to the statement from Minerco there is some sort of ' game changer' or is it all just hocus pokus thrown around as a teaser and some paid hypsters.
"There are sufficient grounds to challenge the judge's decision on appeal. The odds are favorable that a stay will be granted... pending the appeals process."
Can you provide more detail ?
Interesting. That goes along with the relatively low volume on selling.
Anyone know who the big players stock owners are by chance?
Fletch. You think this will happen in 14 days?
Or 'if' they have the money to repay the loan, they would not have to give up the IP , correct?
Roni. To clarify your statement, are you saying they are crooks because they had a crappy contract put together by the person who is no longer with the company or that Carkos signed a sh::ty deal?
Either doesn't constitute being a crook. The person who was collecting while making these deals would be the crook. Investigation still occurring.
In Perry News....
http://perrynewspapers.com/blog/
Bion returned some of the loan funds.
The way I read the 8k was that the ip was to be transferred to anon and trey can dispose of it as they wish... Is this just another step in just clarifying the ip is collateral or is it the instructing of transferring the ip?