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I am up in the air about believing the missing paperwork thing. BW is "new" to pulic companies, but posters have said that he has had dealings with some shady CEOs. So, I don't know.
Personally, I have a feeling that Carnes wasn't the only one dumping. Got a feeling that a lot of that dumping was BW, maybe 1-1.5 bil shares. Get some of his money back from the purchase? Ungagging the TA, now would that tell us where the dumped shares were coming from? If BW did some dumping, fine. But be up front and let us know, don't sit in front of a video camera and give us the strong impression that it was Carnes. BW has had BBDA for 7 weeks, but the dumping continues. Carnes couldn't have signed over that many shares to himself before leaving.
Seems like a good company, that's why I bought in. But finding out more and more as time goes by. I'm here to stay unless a lot of bad info escapes. I know that some of my posts have a slightly negative tone, but I am not a basher, I want to see this go through the roof. Not a pumper either though. Try to look at life and stocks as realistically as possible.
I have a good guess. Not everyone who buys BBDA is on this board. The .0004 near close was probably one of those people not on this board. Same with the .0003s. Wouldn't take too many people with 20-40 mil orders to suck up today's volume.
Thanks Sammy. I agree with the BSing. Can't figure out the protection thing unless it has something to do with some of the paperwork that they missed when BW bought BBDA. But either he is BSing us or is not wanting to tell us something that could adversely affect pps.
My question though is, how can a company be incorporated in 2 different states at the same time? If you incorporate in a 2nd state, don't you have to close out the incorporated status in the first state? Sub. companies can be incorporated in states different from the parent company. Some big companies are parent companies that incorporate their sub. companies in the different states to help keep greedy states from trying to tax all profits from the parent.
Also, if BW bought BBDA, how could previous CEO mess with the company? If he was removed from the rolls in Nevada, he shouldn't be able to do anything.
I won't go that far yet. I will give him a little while longer. Remember though, he is the CEO of a pinkie. A good pinkie CEO makes everything seem rosy to get pps up and then dumps. BW seems honest and real enough, but so do all the other new pinkie CEOs until time tells different. I would trully love to know O/S and A/S at the time he bought BBDA and right now numbers including the restricted shares. Would also love to know how he raised A/S by 2 bil without shareholder notification or vote. Apparently did it behind the scenes (sort of like how other pinkie CEOs do). Instead relieving tensions, the video sort of increased mine.
I like the company and right now, BW seems honest and straightforward. I hope that my opinion stays that way, but time will tell.
If that's the case, then its strange about how many shares are being dumped every day and over the last 7 weeks. If he was doing the dumping, then he will imply that the extra shares were out there before he took over
I agree
Worst case scenario would be that is why BW bought BBDA, to raise capital for Potencia
I agree, BW sounded honest, but it is still a pink. Nothing was mentioned about the CE status. He stated that the other 2 bil was added in case they needed to raise capital. Even if he is totally honest, there is a limit to how much of your own personal money you want to sink into a company. Since the additional shares are there, they might be used at any moment. Better to do the figures using the 7 bil instead of the 5 bil.
With that other 2 bil shares probably going to become O/S to raise capital.
I was just answering your part about why incorporate in DE when the company doesn't have a presence in DE.
Yes, the A/S has to be voted on by the shareholders, but I wonder if there is a way around that by changing the state the company is incorporated in? The potential A/S and O/S has me concerned. If both have been raised due to incorporating in a different state, that raises some concerns for me. Concerns I won't go into for fear of being called a basher. I will have to wait and see what BW's video has to say.
A lot of companies incorporate in Delaware because they have no state corporate income tax. You don't need ties to DE, just an agent in DE. There are companies in DE that exist only to be agents for out of state corps.
I can't see this being a buyback.
First, how many people are getting their orders at bid filled? I have read numerous posts that the people here are increasing the amount of shares they have, usually buying at the bid.
Second, where are all the big blocks coming from that are selling at bid? Normally investors see blocks like that, they call it dumping or dilution. The big blocks are usually coming in batches, not little by little throughout the day. Individual investors aren't going to massively dump their shares during the same time periods as other investors.
I think we are seeing either massive dilution or massive NSS. A buyback wouldn't be generating the massive share blocks at the bid.
someone posted a link earlier today that said something about "Symbol Change Cancellation". Could something come up that caused OTC to reverse the removal of the "E"? The symbol change cancellation date was listed as today
Thank you for your service and sacrifice for our country. While no amount of thanks can make up for missing the first couple years of your daughter's life, know this - YOU are doing everything you can to keep her and others like her safe. You had the courage and honor to enlist in the military, knowing that you might (and ended up having to) have to do things that so many in our country (including our politians) do not have the honor and courage to do.
SpongeBob is a cartoon character is an extremely popular character that will help SPNG earn millions and drive the PPS WAY up.
I have Ameritrade and it shows up for awhile and disappears for a while. I got rid of my stock last week while bid was still 3. You might try putting in a sell order and see if their system will let you.
That's because Vlado kept dumping so much that the price plummetted. Give the stock a chance to sit untilthe next quarterly comes out so we can see what the O/S is up to and then a series of good PRs and it will come back to life. While the latest reports said what the O/S was, I think that Vlado either somehow got that understated or massively dumped afterwards. Scared me out. I'll sit back and watch this one for a while and see what happens.
Thanks. I went ahead of got out of this before I got your post. Make some money on this stock over the last month or more. But thought I had better put my money somewhere else for a little while and see what happens with this. As long as Vlado keeps dumping, PPS will stay low or downtick again. Took a small loss getting out today, but made more than I lost in the long run. Guess I will sit back and watch this and see if it comes back to life. Heck, put my money in SPNG and made back part of what I lost today. GLTYA
Thanks Vlado, it just downticked 2/3
Forgive me, but am fairly new to the OTC and pinks, but does the Q stand for?
Makes you wonder if they had to change auditing firms so that Vlado could find one that would come up with an audit that matched what he wanted it to say.
Is anyone picking up shares at the bid? Or are they all going to the MMs?
I agree with you. This stock is turning into a ATM machine for him. What's he trying to do? drive it down so he can do a RS?
Maybe BW should also try the chain truck stops like Pilot, TA, Petro, Flying J, and Loves. Tired truck drivers love those energy drinks, I know, I am one of them.
the way I see it, there are 3 main reasons most people sell at the bid.
1. trying to get out a rapidly dropping stock before suffering too much of a loss.
2. needing to get out of a stock due to other reasons and it isn't selling at the ask.
3. trying to flip a stock. trying to add to down pressure so that it downticks and then trying to buy back at the new bid.
I do 1 and 2, but not 3. If I am trying to flip, I sell at the ask where I think resistance is and then figure it will bounce off the resistance and then try to pick it back up at whatever it bounces down to. If it doesn't sell at the ask before the downward bounce, I figure that maybe it will sell when it bounces upward off of the support.
I agree. Without people trying to buy at the bid, the MMs could downtick. That is why we need bid buyers. If the MMs put up that they are willing to buy 500K at 5 and someone dumps 1 mil at 5, then the MMs have the choice to buy the extra or make the new ask what the old bid was. Without the bid support (bid buyers) that we have had lately, we could have downticked to 3 or even 2.
Thanks Huppo and Diddi. Unfortunately Navy will never see it our way. Once someone has a point of view, it is usually very hard to change that point of view. There are numerous points of view about why BBDA stock has been performing that it has been. Navy has 1 point of view and I have a different point of view. While Navy has some interesting points, personally I think he is fixating on 1 thing and not looking at other aspects. Does he think that no one is buying at the bid when the PPS is moving up? Of course there are. However, I cannot buy something at 1 price unless someone else is willing to sell it to me at that price. If someone isn't willing to accept the bid price, they won't sell it at the bid price. If I want it bad enough, then I have to offer whatever price they are willing to accept for it. Same goes for stocks. MMs or not.
You misunderstood me. I said that I can see why Navy thinks that way. Like I told Navy, we can't buy them at 4 or 5 unless someone is willing to sell them at that price. Also like I told him, strange how people were trying to buy at the ask but filling at the bid.
What drives PPS down isn't buying at the bid, dumping at the bid is what drives down the PPS. Once the dumping exceeds the buy orders and the amount that the MMs are willing to buy at that price (if the MMs put on L2 that they are willing to buy 500K, they are required to buy shares between where the buy orders stop and the 500K or whatever level they posted), then the PPS drops. Same principal in reverse for the ask. Once the buy at ask orders goes over what the sell at ask orders are and what the MMs are willing to sell at ask are, then the PPS goes up.
I have said, not to blame the people buying at the bid, but to blame the people selling at the bid. If no one sold at the bid, no one could buy at the bid. People selling at the bid are either dis-illusioned investors wanting to go somewhere else, dumpers, or selling newly printed shares. That is what drives the PPS down, not buying at the bid.
I agree, if contracts would have been big, he would have put out the numbers. Matter of fact, the wording on some of those PRs gave the impression that the agreements/contracts only gave Juniper the right to be able to bid on actual service contracts. The PRs that stated that they had actually won contracts never mentioned numbers or length of time for the work to be done. According to the latest filing, Juniper hires sub-contractors to actually do the work instead of hiring employees to do it. That suggests that the work is short term. Wonder how the sub-contractors are going to feel when they get paid in JNIP(E) stock??
Thank you
I agree with you, but I also see Navy's point of view. He is thinking that if everyone stops buying at the 4, then the MMs will move the bid to 5 to attract buyers. But, the problem isn't really the buyers, it is the MMs who are holding the price steady (or slightly down). I think that the MMs are nervous now (with the SS up in the air). After all, who wants to buy stock at 5,6,7 or higher when it could plumment due to bad news about the SS? Once the SS update comes out, the MMs will feel more confident and will probably let the price go where it may. And it won't take an hour and calls from brokers to get buys at the ask to go through. Imagine what could happen if they (MMs) take their hands off the reins and let the horse pick the path.
While I have been investing on and off for years, I am pretty new to posting on the boards like this. Only been doing it for about 2 months or so. Only been following BBDA for the last few weeks, so my "name" is relatively new here. It is very nice to start seeing other new names popping up also. Seems to more new names since volume hit 500+ mil a few days ago. Looks like the volume spike has caught the interest of more people.
So, with more interest, BW stating the SS, new products, better management, and better marketing, this stock should start climbing soon. Navy keeps worrying about people slapping the bid, but as the shares bought at 1,2,3, and 4 are bought up, PPS should rise. This company has a lot going for it right now and I hope that the dis-illusioned people start holding their shares instead of dumping them while looking for a rocket. I prefer a slow steady climber, they seem to hold their value better. If we shot to 10 on Monday, we would be back to 4 or 5 on Wednesday due to profit taking. This will be a high climber, so lets relax and sit back and enjoy the climb.
Has anyone got ahold of that company to confirm that they did sign the MSA with Juniper?
well, in that case i think i figured out a use for the stock certs
Thx. Need new blood buying this stock. think most of us in it already are probably in as far as we can go. need some new big buyers
any idea what the L2 looks like?
add 1.25 mil for me
in same boat, I only hope it isn't sinking.
While they can't tell you any info about company, they should at least be able to tell you if Juniper is a client or not.
Could the PPS raise if stock goes pink? No, I don't really think so. With no requirement to report O/S or A/S, Vlado would be free to continue dumping. Lately, every time PPS would look ready to uptick, the dumping would start - keeping the PPS down. As an OTC and having a A/S level, the dumping has to stop at some point, as a pink it could look like Franklin Mining 148 mil shares trading, all at .0001. Although with Franklin, I am sure that the MMs are going broke buying all those dumped shares the Franklin's owner keeps printing.
I would love for him to file the paperwork to stay OTC, but who knows at this point. We will find out tomorrow for sure. One thing I know, Vlado draws a salary as CEO, he is also the head of each of the sub-companies, and another company he runs owns the properties that Juniper rents. He probably does "debt-for-equity" for the salaries and rents.
let's hope he files that paperwork though.