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lol, now only 18 MILLION 0011's for suckers to buy while smart money exits. Buyer be aware. imo
lol, MASSIVE DILUTION here. Over 1 BILLION shares sold yesterday all taking profits today no higher than here then it will die back to 0001. Don't be fooled. Buyer be aware. imo
Too funny all of a sudden this co is starting "to do business" everywhere but the US haha. The best clients are in Brazil, the Dominican, and every other non-english speaking country no shareholders can check the facts lol! Total scam already laying waste to huge invested dollars. imo
Well, take a look, they finally decided it was either continue to do that or make money for their efforts. In those years you mention, they sold no product (essentially), and built up a $26 MILLION deficit, lol. I'd say they finally decided it was time to "get paid". If buyers of their product won't do it (plenty of proof of that), shareholders are the next alternative (now proof of that daily in 2013). imo
You just provided the proof. 418 million against a 700 million o/s. Look at current volumes. Dilution comes in many forms including past or NEW conversions already in the TA number. And many times corporate actions and reporting to a TA are not in sync, with the former leading the latter by weeks if not longer. Most times shareholders get their ass kicked long before the cause shows up in the numbers (if it ever does at all).
Let's put it this way. If there were no masive dilution going on here, this pps would right now be at .10 - .15 (based on the supposed "deal" that was announced). Problem is, based on their financials and past performance (if their product is "so good"), no one believes that deal is the truth. I certainly do not. The tip is they provided no details, schedules or names. Classic trait of a scam, lol. imo
Yes, pretty much. It's always relevant and rampant. imo
There is dilution. You can lower the a/s and still have dilution. They still have plenty of shares yet to sell within the current share structure to the unassuming public like yourself. Take one look at their financials. They are (were haha) broke. They thank you for making their holidays a good one full of presents and wannabe perks. imo
lol, more massive dilution going on today I see on another bogus news item. This company thanks all partakers in their scam! They will now have a very merry christmas since you have given them your money. No one else will for their vodka! Is that people walking kind of funny I see? Ouch. imo
lol, you obviously have not read these people's filings. They are in debt up to their eyeballs on zero revenues. Enjoy though. imo
Proof? lol, where do you think all these multimillions of shares are coming from daily? Get your tissues ready. imo
Massive dilution causing huge losses. Even with a/s reduction still 300 million more in dilution coming here. This is toast. imo
lol, just another day of more dilution screwing more traders losing more money. Too funny, but entertaining nevertheless. imo
ouch. imo
many being wiped out now as I predicted. Next stop .006 support below the low gap but even that may not hold. Sad story of losses today. I tried to warn. imo
Massive dilution, massive losses, what else lol? Tried to tell u. imo
And so on schedule here comes today's conversion volume present wiping out the bid yet again. SSDD. Problem is now it's a falling knife so smart money will wait at the bottom for a quick last gasp bounce play before it's left for dead. It's a crime what these folks are doing. imo
Well, that's fine but it should never take 3 years to come to market with a doll. That just means the business plan was flawed and the mgmt team wasn't sharp. And now 10 million shares are sold here daily to people they've trained to be their "believers". Well, now that train is out of real estate. They're going to have to keep selling 10 million a day for some time yet, but now no one wants to buy because the scheme has run its course. The only recourse will be to slam into whatever bid is available or left, which very soon will be triple zeros.
They sell into every single PR. It's just bad news here. But you can believe they all will have a great holiday season with plenty of money rom share sales to make their holidays joyful and cozy. They could care less IF or WHEN their "dolls" sell. They have their bagholder faithful slaves in place to support their lifestyle and all they have to do is keep saying, "it takes time." WHen they reach THE END, all they have to do is r/s and start over, say it's for the good of the shareholders. WHich they will lol. Buyer be aware. imo
It's easy to see this mgmt is just going to grind this pps into bottom dust via conversions rained unto their "faithful". Then they will r/s and do it all over again. If after 3 years time, you can't turn a profit, then your plan was BAD from the start - and bad plans NEVER turn to good ones. I find it hysterical they have the gaul to say we've been at it 3 years, and then also say we are not about today but tomorrow. That's the anatomy of a scam folks. Highway robbery. Toast. Buyer be aware. imo
Well, it's not newbies selling, it's newbies getting SOLD TO. Force fed like they do to ducks and turkeys to make them fat. Conversions galore raining down here. Enjoy! imo
lol, and the dumping continues. Buyer be aware. imo
Well, by the looks of the it clearly VNDM still has MANY more shares to dump tomorrow. I'd estimate at least another 100-200 million of pure dilution. Investors are already tired of sopping up nothing but diluted shares as of today and when support dies tomorrow, it will become gory. Buyer be aware. imo
lol, well if you can't tell by the way the headline is worded that it's fluffy making sure both Cuban AND ST are in there, then I can't help you. Then if you pull up a chart, look at the volumes there, then look at today's uncommonly massive volume and paltry gains, then if you read their last 10q and see there are zero revenues and not even a line item for receivables of any kind, then, then, then, etc., you will know you are looking at a conversion exit play. Good luck with that, much more to rain on this parade. imo
edit: in fact I am more than positive, someone told Cuban about that headline today, and he is NOT happy and had one of his people make a call on it. Why would he want to be associated with a .001 penny stock? He wouldn't. CLearly the story was planted to help the seller(s) who just got the clearance to dump hundreds of millions of conversion shares.
Due diligence? All I need is the latest 10q. ZERO revenues, not even a line item for 'Reveivables' and this head scratcher:
Prepaid Consulting Services $1,367,287
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9622164
Many more shares to dump here (plus all of today's buyers and the front loaders have to yet book their profits), so this one won't be going anywhere anytime soon. He's misleadingly using Cuban's name to do his big cap raise here for the holiday parties, gifts, living expenses for the next few months. Believe me, Cuban knows nothing of him or his company as it's not Cuban's job to do so. THis is just another scam share dump and there will be new bagholders now. You, perhaps. imo
Well, did you miss in my previous post that the o/s here has skyrocketed from 250 million to now 890 million in just the last 3 months? Someone's been busy using the printing press and distributing ALL around. Try to fathom that 600 million share difference for a minute. Believe me with that as proof in their own filings, they can afford to pay Asher a token $65,000 (raised by share sales and as news bait to new bagholders who will next follow this down to triple zeroes) AND buy new cars++ for themselves all the way around. Don't also forget, it's the holidays and with no income who's going to pay for all the holiday parties, shopping weekend getaways, and swag as they have built their image up to be as high profile rollers (that's where the "celebrities" come in). imo
haha, well, if you don't know this company is nothing but a share selling scam with no real products of substance, then more power to ya! Feel free to fall in love here as it looks like you have. This ceo will love you back long time with many more shares yet to come. Never fall in love in this market my friend. imo
lol, hardly. ANd much more dumping to come! imo
Well, I agree, "MAJOR" DILUTION! imo
Including the current 002 ask (edit: oh I see no more 002 ask, it's now 0019), I see 12-13 million shares here and up only 2 ticks flounderng in all-time low territory. And that's just for starters. The daily trade here shows this company hits this stock daily with dilution in order to fund their lifestyles, and they hit it harder on news release days like today. Don't believe? How about these from their last two 10q:
http://www.otcmarkets.com/stock/OWOO/filings
- Indicate the number of shares outstanding of each of the issuer’s classes of common units, as of the latest practicable date: 253,255,217 shares of common stock, par value $.0025 per share, outstanding as of August 13, 2013.
- Indicate the number of shares outstanding of each of the issuer’s classes of common units, as of the latest practicable date: 823,610,674 shares of common stock, par value $.0025 per share, outstanding as of November 18, 2013.
While per their Sept 8k, the A/S raise was to 1.5 BILLION shares. So let's see. They issued 600 million shares just between Sept and Nov 2013. At the rate they are massively diluting, they should max out this A/S by end of January 2014. Then I see possibly one more raise up to 2.5 Billion, or just a r/s to start all over again. Like I said, toast. Buyer be aware. imo
Well, how much do you think it costs to do a small run of dolls (that was paid for by selling shares upfront) to make it look like "product" is happening?
Bottom line is EVERY share selling scam uses SOME of the shares cash inflow to create a psuedo infrastructure (bogus office, small product run, little bit of cheap advertising, etc). There in LIES the illusion and then it's line those pockets and live nicely off shareholder backs. Look at today. Where did 8 million shares come from? You know where. This company has sold into every news release I have seen since I began following the stock over the summer. Today, no different. This one is toast. imo
Well, the company has MANY more shares to sell you (and will), and much cheaper. Just hold out your hands. imo
You got that right. SHARE "sells" were indeed fruifful the last few months! imo
Well, the funny thing here is if they paid down Asher debt it's because they have sold other shares to raise the capital lol. Lose lose for sharholders either way but this way it sounds good in a news item! Clearly the market is not "buying" it. And NOW comes the announced "share buyback scheme" in order to try to keep the rest of the suckers from jumping ship.
Better than expected sales my butt lol. Truth is they could say that even if sales went from $100 to $200. Hey that's a 100% increase in sales. I'm not buying it. This is a share selling scam pure and simple. imo
The "meet and greet" lol pictures I just saw reek of scam. Just the same main players supporting it until they are done, and a sparse mingling of "others" who have probably also all cleaned up on the scam from triple zeroes. I wouldn't even be surprised if some of the attendees were paid to be there as "extras" or just friends 'n family. Vasker Ortiz and company have made plenty of money enough to afford that and much more.
What's really going on here is they are using the same "technology" that was developed by the prior management many years ago as their demo and hoodwinking investors into thinking it's brand new and they are developing "now". Buyer be aware. imo
Well, great work here uncovering the truth Mr. Soul. It looks like the bottom is about to disappear here at any moment right back to triple zero. Technically this stock should be no bid. imo
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94641733
Well, I tried to warn this would happen. Once it gets to the bottom bottom, they will have no choice but to r/s and do it all over again in order to keep lining their pockets, paying for their cars, their wannabe lifestyles with souless celebrities, etc. They said recently in a letter, they are not "NOW" but "TOMORROW" (and that's after 3 years no less). But that's just their way of saying gtfo cause it's going to get a lot worse. imo
Exactly. imo
You may not realize this happens, but a popular strategy is to make it 'appear' there is a product (by making very short runs and placing small quantities), with the main purpose to sell shares and make mad money off that. This at least sure has the earmarks of such a thing when you see financials that show a very low and stagnant 'revenues' line over the course of 1.5 years (at least, who knows what is beyond that reporting), and wild unsubstantiated deals being announced with foreign countries that provide no names, places, ship dates, etc, etc. imo
Well, I see a new low today of .0078 hitting now. Isn't that the pps just before the latest 'news' popped in?
Per their recent financials they have about 700 millions more shares available to sell and are desperate for operating cash. That's a lethal combination for shareholders. Buyer be aware. imo
It's already flowing, lol! Id say in the last month they have totally cleaned up on stock share sales. At least now they can pay for the Benz's, shoes, holiday party times, and chic adresses a little longer.
I still see no documentation [from the company not other posters in a chat room] about this 'deal' with the entire country of Brazil. I believe there is none to provide.
I just heard yesterday that the McRib sandwich is back at Mickey D's for the holidays! I suggest eating one of those for a few bucks than eating a bunch of very expensive losses here. It's going to get much worse before it gets any better. imo
Plus, if you listened to one of his recent podcasts (I think mid October), he gave a synopsis of his business history. Do you know what it is? That's right, he was, undoubtedly still is, a stock trader. He said he did very well in the 90's (assumingly in the dot com bubble). He specifically said, "I was just like you, a trader." Now I highly doubt he is making trades personally that will be tracable but there are so many ways through wall street buddies, friends, family, to achieve the same result of cleaning up on a pump and dump.
And I agree. It is highly unethical for a ceo to be tweet blitzing about his supposed meetings, updates on future deals, timelines, etc. Even though that is a social media, not everyone in the investment community uses twitter therefore it unfairly excludes and offers an unfair advantantage to some whom he has told to look for his tweets, and who therefore receive information before the rest of the market community. That's called unfairly disseminating insider information. imo