is investing - trying to not be a proletariat.
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/emerges from the shadows/ lol
Holy lord, I creep too much on here and hardly log in anymore but sweet lord has this puppy been whipped.
What in the world is going on?
Is there anything worth acquiring if such a buyout scenario were to play out.
Amazon announced last week that it would set up shop in Long Island City, with the support of up to $3 billion in city and state tax incentives and grants that are contingent on the creation of at least 25,000 jobs. At that time, it didn't provide a breakdown of the jobs that would be created but said the average annual salary would be $150,000.
The city officials said details on the jobs at the site haven't been finalized. They noted Amazon's commitment to paying its workers a minimum of $15 an hour, which will become the minimum wage in New York City by the end of the year.
***edit*** (Delete Request)
If they brought this to market w/o a patent, that would be a fatal move. If they have already patented their IP, then good. This is a sound buy.
But considering the last round of owners in the shell scams before this, it's hard to believe that this will amount to a whole lot other than the previous runs. Time will tell and I'll keep my ear to the ground.
Ouch,, so you're saying that you do not see a recovery over the long? (3-5 year accumulation and hold)? No buyout? No prospect at all?
Thank you everyone for all of their input, I greatly value it as I was considering a long position here.
Regardless, my interest in the stock was on natgas replacing traditional sources for energy production (outside of heating) as it has been stated that natgas has passed coal and nuclear in terms of production of electricity.
I'll keep watching, thank you for the information everyone.
Would you elaborate? IIRC 2016 there were a rumor they could perhaps default on their note(s) but that seem to have come & went.
What is keeping this security depreciated?
This seems way oversold, would anyone mind sharing their DD with me regarding the sudden collapse in this securities value? TIA.
Um, what? lol. This thing has been swimming down for a moment.
There is no short on the stock. You can verify this here: http://otce.finra.org/ESI
If you consider a $66 trade a short, I consider that a huge lol.
Put TALK in and it will give you the short volume. There are 37,084 shorted shares, or roughly $66... Now if there were perhaps a $1,000 short at minimum, then I'd agree. But anyone unable to cover a $50 short is clearly trading wrong. But that would be 555,555 shares anyhow.
The feeling is mutual!
Stay safe.
Fair enough ;)
I'll concede that, we'll talk more in the future.
Goodluck on your trades.
No merge can happen until the financials are accounted for.
TL;DR -- TALK has a lot of accounting to do and is again running late on their filings.
Very disappointing for shareholders indeed.
Heard it from you.
As you stated you can account for 850,000,000 shares which is impossible unless you personally own 850,000,000 shares yourself.
All the talk of kabooms when really it is a stock being pumped and a shell game being ran.
Let's see old management didn't want to disclose information on the previous 8k/10k, SEC wants to know how they account for a number of transactions.
Sounds like any attempt at a merger would be blocked until the financials and SEC were addressed but it looks like TALK won't even do that.
What's it all mean?
0.0001 for this puppy in the future.
This is it, the lights on and the roaches scatter.
Just another shell game being run!
So it's admitted that the money being bilked now is to reroll the shell?
Mhm, absolutely.... people have a reason to lie. ---->Profit<---- You can look at my years of experience on here. If it's not a blue chip, it was once a 'TALK' and they always, ALWAYS go to .0001.
This'll get there soon enough, I've heard/seen this story soooooo many times. I find the chatter regarding the security humorous because it's not...doing...anything...at...all.
By time the release hits, if it ever does, it won't even be relevant any longer and will most likely be a halfhearted attempt to salvage what little can be saved from this shell.
It'll be reverse split and the name / ticker will change.
That you can bank on.
How can a claim be made of knowing the accounting of 850,000,000 shares unless it were held by that individual? At .001 that's almost $1M, or about the worth of this shell.
Zero activity, nothing being produced, claimed paper being pushed around and yet zero material developments. There's nothing here, it's not about being a naysayer, it's the reality and it reflects in the more than depressed pps.
Really?
That sounds awfully close to insider trading.
Unfortunately no material developments, yet again. Guess they'll wait for this to hit .0001 so everyone can get all in right?
Doubtful, just another turd in the punch bowl.
That's exactly why the price is swirling the bowl.
Hmm wonder if this'll continue to decline, me thinks, yes.
All of that is hogwash. It takes very little time, this is a VERY small operation and it's not like we are talking about billions of dollars worth of transactions.
ROFL. this security is a piece of junk, nothing, worthless, a scam, look at the price to verify.
Looks like my forecast was right.
We shall see with time.
Hasn't been doing much tbh.
From the filings, it appears they have been actively working to get the shell into a better position/state.
It previously was under the ticker: SOCU, or standard oil company usa, which if you google SOCU + Ron Brooks you can find all the information on the mess left behind for the new owners.
I'm a skeptic that this will turn around but if they are genuinely moving forward with ideas, good for them.
Was a long term holder/investor in both SOCU/GMUI.
One R/S and 5 years later, still see nothing going on.
That's a really odd analysis but I don't see much interest other than a floundering company and some perhaps bogus claims.
It's down .0004, DOWN.
No news, no price improvement. No filings to backup claims, companies sink.
This company is sinking.
Same news as before, the company has not changed.
Volume was nearly 2-3x higher today and it actually went down .0002.
None of that even matters. The price dictates the action and the action is going down.
Holding it's ground? The chart shows all you need to know. Someone is selling, low volume or no interest does not translate into a steadily declining pps.
Secondly, the stock is worth nothing for all intensive purposes. Its a fraction of a penny. Banking on moving over 1M+ shares in a low volume market is ludicrous, it simply won't happen unless you sell it into the bid.
Exactly what's going on here.
If you're lucky, maybe some fresh hands come along and prop it up some at .0016 but it'll be short lived and I'd exit at .0022
Getting as far away from this as possible will save people money.
Hype is hype, of course they don't have their 8K yet but by time it does hit, it'll bring weak news and interest will have died anyhow.
Oh I guess I didn't understand it, when pps goes down it means people are buying? ROFL. Oh yeah, fresh hands are buying shares. Or the infamous stock is consolidating theory.
Which excuse is it?
I will come back in a week or two and see where this is at. I'm willing to bet it won't be anywhere near .01 and will more than likely be trending .0011 range.
Last legs of support are .0018 and .0012
If it goes beneath that, I feel so sorry for anyone who had not sold and at least made some profit.
Pennys can be scams and you can make money on them. Never marry, never trust, putting your emotions and beliefs first are the worst investment philosophies ever.
Work with numbers, proven metrics, base your trades on that.
Not opinion and hype.
Juuuuuuuus sayin
For anyone wondering, I've been busting pennies up for years now. I love doing it because it helps with refining my due diligence when researching a stock. So, for those who would ask, why bother? Learning experience, test skills and if you're wrong then you simply adjust your calculus.
Nother down day with the bid going lower and lower. No one is even trying to help support its 'monumental' price point currently.
Back to .0001
Beasting it back into the .001X range?
Yeah, the last time that site was updated was almost 5 months ago... smells like a farce to me or rather the same old same old.