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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.
Wondering the same thing..I think long term is great, we just need some kind of news..
I think LVXI is the better..it has some huge positive things coming up soon..it also has a low float and can move very quickly. This will go over a penny in seconds once news hits..but as will all penny stocks who knows if it’s real until they make some announcements.
This thing is a beast..
Extremely..hoping to see .002 this week. Need some news with developments!
It obviously wants to run so why don’t they let it and slowly convert at higher prices? Seems that makes more sense to keep investors happy...but seldom do things make “sense” in the stock market
Looks that way...
I took 2 million of the 7’s today..couldn’t pass it up. I was hiding out for 6’s but it never made it there long enough..hopefully it’ll make some money! GLTA
Question I’d love to know is how do the MM’s hide their shares? I’ve always wondered that..
I think you’re giving them too much credit comparing to a rock..
I own nothing with this ticker..I was doing a little bit of DD..but seems to be a p&d
They have a distributorship with California High Beverages but they are out of San Diego..Quite a bet south of you..
Someone on here said the float was 32 million? Marketwatch says it is 710.5 million..
Awesome! Thanks for the info!
All I can think is they are diluting. I’ve emailed them about it but have yet to get a response.
All GEVO truly knows how to do is screw shareholders. They love to sell shares. GL
Looks that way to me..I emailed IR for some thoughts into that exact thing. Hopefully they’ll get back with me sooner rather than later.
Bemax put out that news early last year..I guess it never panned out
I don’t understand with all the positives why are people selling?? Seems like a more than logical long hold..
Bemax’s number is 404-991-3518. Wow that was some hard DD.
How do the MM’s make the 10,000 share walls where you can see how many shares there really are?
This is why you don’t set a stop loss on a penny stock..they can trade crazy
The motor fizzled
You guys think Trump will sign tomorrow?
The whole market is crazy anymore.. nothing makes sense. One I’m watching is trading way below cash on hand. But you get enough to short a Stock and they can slam them.
Someone just demolished that 300,000 shares
Moderators are just that moderators..they shouldn’t be allowed to stickie at all. Hello iHub makes your moderators, moderators not pumpers or badgers allowed to delete or post whatever that want!
Sorry I meant for the politicians who don’t want it to pass...why would they not want to endorse it? I believe it will pass as well.
What’s the reasoning for not passing hemp in the farm bill??
The market is down 600 points I’d say we are doing relatively well with that kind of sell off..
Everyone’s saying a dollar but that would make your market cap almost 500 million. What’s your timetable on this happening?? Im not seeing that kind of growth just yet.
What’s the float??
??It was just an Ameritrade glitch
My bad ameritrade is having a glitch.
Hmmmmm bid and ask are nonexistent. Did they get delisted altogether?
Hope you lost some money today on this one clay! Great day for $TTNP