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That's not entirely true, i have seen mutal funds and others in OTCBB stocks before, but yeah we aren't getting any visibility down here in general.
The Nas certainly doesn't guarantee increased PPS however. After the dilutive antics of the last crop of uplisted Reverse Mergers, hardly anyone one wants to touch them.
Yes, reverse splits always fall after the split. Never a good short term move, but something the company has to do to get on a senior exchange.
Yeah and now let's all take bets on how far PXCE will fall today, lol.
OTC
Yes, the Satanic Illuminati has infiltrated IHUB too. No where is safe!
LOL
PS. You think you are enlightened, or know what makes the world tick, but if you want to get anywhere close to the real scoop you have to be prepared to cast off the fundamental axioms you've lived your whole life by. The Alex Jones' (archetypical angry prophet) of the world, who you listen to, just intellectually castrates you by perpetuating an erroneous belief system and giving you bits and pieces of truth with a whole lotta lies.
BTW you might want to poke around to find out how Alex Jones got filthy, filthy rich. :)
My brother works at a homeless shelter.
Believe me, most of those people are not trying to mooch off the system. Many have mental illness, addiction problems, etc, and have family who are completely fine. It could be a family member of you or me that needs society's social net -paid by the government mind you- just to avoid starving to death.
Some people come out of there and lead productive lives. Others never do. Regardless, taking care of the unfortunate is what civilized countries are supposed to do. It only takes a very, very miniscule portion of our GDP.
Empiricism trumps reason and logic any day of the week.
Aristotle thought he could reason the way nature worked and his dogma held back science for centuries.
You can reason yourself into believing anything you want to. Human reason is one of the most fallible things in existence. It's brain excercise, not much else.
Objectivism gets a FAIL from me.
"Its because they are a dirt poor country and they lack the funds to help those people."
And if they had the funds, guess who would have the funds and who would help the people? The GOVERNMENT.
Or go back to Dickensian times in england, when you had squalid cities and child labor. That was capitalism at its purest. I'm glad we have a hybrid system of government/capitalism, its called checks and balances. People are corrupt either way, no matter how they are organized, so the best way to keep them in line is to pit organizations against each other. Judicial/exec/congress or Government/business. You just cant let the pendulum swing too far either way.
"Compare that to the United States where we never had a situation like what exists in India even though we didn't have the government provided "social safety net" until recently."
Erm, yes we did. America was a filthy, dirt poor country populated by peasants ("pioneers", mine workers, assembly line workers, etc) for a long time. No thanks to the robber baron monopoly capitalists. I'm all for business, but business needs to be kept in line by "we the people". (read: our democratic government, unions, etc)
Shit just ain't that bad these days. I'd much rather live in this country today than back when the paleo-cons considered us "free-er". But you would never know it by listening to the Alex Jones and David Icke crowd (popular on this board), who absurdly distort 'real politik' making a laughingstock out of the whole scene.
"People making 250k a year don't have that luxury. "
I know middle managers making more than that who spend their office hours playing fantasy sports and have 5 to 6 weeks vacation. Most of them got where they are by family or frat connections, or screwing the right person. Maybe ENTREPRENEURS making that much are much busier (not maybe, I know they are).
"They collect a disproportionately large share of government services and pay a disproportionately small share of the taxes. "
Right so the top 2 % own over 80 % of assets, yet pay just under 50 % of taxes.
And that's what is reported.
I'm not going to scream out where I work, but I work at a private bank with the richest people in the world as clients. You know how often I've seen money funneled to offshore Bahamas accounts, dubious charities, etc? Truth is YOU are being gamed by "their" political advertising campaign. They want you to think government is bad, because that is yours and mine (the common mans) ONLY source of power over them. Well government CAN be bad, and I'll tell you a good example of when: When you privatize it. Federal Reserve that libtards hate? Privatized government. Military industrial complex? Privatized government. Fannie and Freddie and Sallie? Privatized government.
Don't drink the aristocrat apologist Ayn Rand Kool Aid. Wake up and realize what is being sold to you in the name of "freedom". They want to operate in the shadows without transparency. Think you are going to get transparency from a private institution? LOL. Yeah Moody's and the rating agencies work out really great while they were on the payroll...
How many PXCE shares do you own, righty, since you like the company so much?
Well we all know what drives IHUB's business, and a main chunk of that is a whole lotta OTCBB stocks, most of which are crap, or out and out scams like your darling PXCE. So the bias is expected. There is a total double standard for what is allowed for the paid pumpers of OTCBB scams like PXCE than for the people who pull cards on the scams, like myself.
Can you imagine the faces of the paid pumpers when they type the drivel they do? They must be laughing at their own nonsense. Laughing all the way to the bank. My guess is that "righty" will disappear from this board come april 9th.
Hopefully no one gets scammed on this one.
So how many shares do you own, righty?
or was the 35k enough?
I can expect a lot of handcuffs if this stock ever becomes noticed by the SEC.
Solid red bar today.
Who wants to take bets on how fast this sucker plummets to sub $1
The only class warfare going on is by the haves, against the have nots, and the supply-side economic BS we've had for the last decade. That aint money "trickling down" on us, that's piss.
If you want to see a country with no social net then go to Mumbai India or Nairobi where you can't step outside in even the nicest neighborhoods without tripping over the homeless, while simultaneously seeing ostentatious mansions line the streets. I guess we should just say "its their fault", and to hell with them.
What you suspiciously call "the government", is at least accountable to the people. Much moreso than the bankers who got us into this mess, anyway. If politicians had not done anything about AIG bonuses, you'd probably be upset about that too, saying they aren't listening to the people. Talk about a catch 22. I for one am glad they are listening to their constituents for once.
Damn right any AIG exec -the guys who helped ruin the country with their greed an ineptitude- who walks away with millions should have it stripped from him.
And investment banks should not get billions either but be allowed to fail and let the prudent ones take their market share.
But it is not an either/or dichotomy.
Nice. It's about time.
Yes, MEASURABLY, as in their PPS from 10 dollars to 0.01.
mark my words.
"Send us your email and mobile phone number so you can start Thwaping when we’re up and running."
LOL...this is the biggest dud of a stock I've ever seen. Heads should roll for this.
OOOOhHHH but what a pretty website!
That is one of the scammiest attempts to sell shares I've ever seen.
how on earth can PXCE ever have a market?
It is some kind of sick joke this "company" is even around. Surely the SEC can prevent THIS kind of blatant abuse.
Funny how a few paying IHUB members with 100's of peoplemarks dropped in to show support, earlier in the boards history. Lets you know the real business of many on this site, lol.
Who ON EARTH would buy these shares?!?!?!
LOL...this company is about the biggest joke I've seen!
No saleable product, no nothing.
Just PR fluff!
And just imagine what they are selling to US investors. Legally worthless electronic bits and bytes. lol
What about shareholder cruelty of a high order? lol
Going no where but down here. The dump has begun.
GFRE: "400,000,000 shares authorized"
Wonder how long it will take for them to get there?
Not suprising, another CCG client. Crocker Caulson is making major bank. He gets like 10 G's a month for his "services" which include more than putting out press releases, apparently.
Thx...I'm not against investing in China....I just don't trust China Reverse mergers. I might trust one a little bit if I could see them paying a dividend, mgmt buying shares on the open market, or them not constantly diluting. Most of the ones who haven't diluted heavily yet just didn't get the chance to when institutions were throwing money at them like they were an internet start-up in 1999.
Yeah I hear you. Look I wouldn't be surprised if one of your China RM stocks shoots up one day. All I'm saying is to make sure you take profits immediately, because from my experience, the PPS will plunge right back down.I've made some good money (and lost some- more often than not) in the past doing that with "undervalued" China stocks but it was really just glorified gambling, they all gave up their gains and then some after they popped. Now I just prefer to stick with real companies.
It is very easy to fake 10Q's and the whole nine. Look at what happened with BJGL and CXTI. Those are a couple good case studies of when China RM's go wrong. There was another recent one who decided to stop reporting and walk away, but the ticker slips my mind.
Even a lot of China ADR's, like NPD, have a terrible ownership structure not much different than RM's. But at least with them, the shares are sponsored by big banks and contracts are enforced by the Chinese govmt. And they frequently pay a dividend. I have never seen a China RM ever pay a dividend on its common shares, even when it is a slow growth, utility type company.
re: Geithner
He has a history of making bad problems worse during his days with the stick up boys over at the IMF: http://thehackensack.blogspot.com/2009/03/former-australian-pm-blames-financial.html
Oh no, lent, I wasn't talking about this board. I was talking about the PXCE board that righty moderates, and on which he was paid to pump PXCE. He has been deleting many bearinsh comments. Sorry for the confusion.
NP, man. Reading your S.A. article reminded me of when I first discovered those 'deals' also. You can still possibly make good money if a couple of them get pumped, just remember to sell the pop, they aren't buy and hold stocks. Good luck man
"I will be cheering as this stock rises" is the same thing as "I will be cheering when this stock goes down". Yet only one of the two sentiments is deleted.
I see why you wanted to take discussion of your scam PXCE outfit to your moderated IHUB board, you discreetly have the whole board censored! haha...That won't stop me from gloating during the PXCE freefall. So what price are you planning on buying your PXCE shares at, with the 35 grand you were paid to pump it all over the interwebz?
A g-mail account? LOL Gee I wonder how vigorously that outfit checked the books when they flew to China to check the business! (I'm sure they didn't)
American-based scam OTCBB companies are so easy for everyone to point out, but there seems to be a big blind spot toward the Chinese ones, even though the same people are behind the Chinese ones as the blatant American scams.
All because people want to believe in something too good to be true. US listed China companies must be the only business sector in the world that can manage outstanding growth with impeccable financials! Why aren't the ADR's so lucky? Well, because they are listed in China where convicted scamsters get the death penalty. The China govmt sure doesn't care about them ripping off americans, and apparently neither does the SEC. US listed China stocks are in legal no-man's land, immune to American and Chinese enforcement, with everything set up in the Bahamas anyway for good measure.
The conspiratorial side of me almost wonders if the Chinese honchoes wouldn't like to see a whole myriad of US-listed companies get big on the Nasdaq and then crash, hurting our financial system while theirs remains fine since the shares are only over here! lol We are the only country in the way of China becoming a superpower. And ff they are going to defeat us, it will prob be economically. They are still only a Level 2 Civilization (see Carroll Quigley) but time is ticking. Anyway I digress from geopolitics...
You know, bradford, I read you have been in contact with Cramer before, and since he is so humbled and contrite now, a good deed for him would be to expose scam China RM's uplisted on the nasdaq. If he needs help he can call up Mark Cuban, lol.
I checked out your website from your seeking alpha article and it looks like you really went all in (as in practically your whole portfolio) with the likes of Gold Horse, New Dragon Asia, etc. It's good to see a young guy so into the stock market, and you don't get the education you have without a good head on your shoulders. Unfortunately I think you may have a level of naivete as to how some of these things work.
I don't think going all in on these like you have is prudent, although you picked a better time than many IHUBers who thought they were getting a bargain a few months ago. Invariably, this is what's gonna happen if you insist on owning the China RM's: One of your holdings is gonna pop. Pumpers will appear out of nowhere, and you might be tempted to think the market is finally "realizing the true value" of your company. Don't think that for a second. Sell the pop and don't look back. It's coming right back down to where it started, or lower. When the China RM's (and other RM scams, all the same) pop, 99% of the time it is manipulation to market themselves for equity financing (dilution). It doesn't matter if they are on the Nas or not, look at what happened to FEED. Those companies went RM for the purpose of selling you shares, lots of them, for cheap. GHII and LTUS were brought to you by the long time penny pumper, lying diluters of GTEC (now GNPH) I wouldn't trust their numbers as far as you can throw them.
I remember I remember thought I had found something too, when in the last bear market a bunch of these China RM's came up in my stock screener as undervalued (I was about your age back then too). When the first one doubled, I got excited. Because it was still only trading at about a 9 PE, I decided to hold instead of cashing in. Wrong move. They decided to stop reporting for no apparent reason and is now a pinky ghost. Lost my gains and then some.
The next one went 6x up in price on a pump job. I didn't make the smae mistake and promptly sold, although it still wasn't overvalued, and had no history of dilution (oh, and said they werent interested in it, and were able to grow organically - BS). Sure enough, the CEO was going to all those investor conferences for one thing: PIPE money. Those who held on got crushed by dilution. It now trades at about a 3 PE.
I think your big board stock ideas are pretty decent, but you may have to get burned once or twice before you find out that these RM's aren't investments, they are gambles. And please please please don't make them your whole portfolio.
Couple articles you may find relevant to your holdings:
http://online.barrons.com/article/SB120312686968473233.html
http://seekingalpha.com/article/66772-7-chinese-companies-with-dubious-auditors
http://sharesleuth.com/2008/03/china_fire_security_group_inc_1.html
Tread with caution, kiddo. You already have few shareholder rights when investing in China. US listed China stocks give you essentially none, by the very nature of their structure.
Yeah it's pretty sick. I don't understand what goes on in their minds at all. Killing/harming children is the lowest thing someone can do, especially your own.
I wish there were shares to short. Oh well, it will help my CAPS score, lmao.
Wrong. over half of all gun deaths are suicides.
LOL...come on...you can do better than that for 30 stacks! Pump pump pump pump it up!
But didn't you hear? The bio's of management will be enough to support the stock. ;)
Just how are you betting huge? Buying shares of these companies with your PXCE 35k? LOL...dam i am really in the wrong business...35k in one month for a lousy 3rd rate pump job is a nice haul.
Market Medias was compensated $35,000.00 cash,
for ONE month's service (March, 9th, 2009 to April, 9th, 2009), by a third party,
for the (PXCE.OB) profile, MARKET AWARENESS, "company material" and advertisement’s.
Market Medias was compensated 5,000,000 free trading shares of (MXWF.PK) stock,
for TWO month's service (January, 21st, 2009 to March, 21st, 2009), by RR Investment Holdings Inc.
for the (MXWF.PK) profile, MARKET AWARENESS, "company material" and advertisement’s
appearing on behalf of RR Investment Holdings Inc. regarding (MXWF.PK).
Market Medias was compensated 750,000 free trading shares of (ANVH.PK) stock,
for TWO month's service (August 13th to October 13th, 2008), by The Brooklyn Group Inc.
for the (ANVH.PK) profile, MARKET AWARENESS, "company material" and advertisement’s
appearing on behalf of The Brooklyn Group Inc. regarding (ANVH.PK).
Market Medias was compensated 20,000,000 free trading shares of (ERUC.PK) stock,
for one month's service (June 16th to July 16th, 2008), by Ron Berman Scissor Sales Inc.
for the (ERUC.PK) profile, MARKET AWARENESS, "company material" and advertisement’s
appearing on behalf of Ron Berman Scissor Sales Inc. regarding (ERUC.PK).
When is the next transformation scheduled? Will the shell ever reach butterfly stage? Seems to be metamorphasizing into one lowly wormfest after another.
I hope you feel really good promoting these scams to amateurs. I guess there's no school like the one of hard knocks, eh Prof?
I've always wondered what % of IHUB board moderators/paid members are paid scam stock pumpers.
Check out PALG, lol
His support for education reform is certainly not left of center orthodoxy, he's caught a lot of flak from the left on that issue.
That issue aside, what other issues could you be talking about?
Frightening scenarioes of healthcare for everyone?
No more quixotic middle eastern invasions?
Efforts to make college more accessible?
Making the 2% who own over 90% pay a few more taxes to balance the budget?
Advancing scientific breakthroughs in stem cell research?
Reinstating the uptick rule?
What a hellish nightmare! Wake me up again when Bush runs for a third term. I'll be in my foxhole with otcbargains discussing the implications of the book of Revelations and the machinations of Lucifer within the democratic party.