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What's wrong , holding a bag?
These people aren't Entrepreneurs they are inventors, worst ran "company" I've seen in a long while who have great technology
It's sad because they have great technology, I was just saying earlier why not try to license or work with bigger battery manufactures and make something out of your patents n now it seems like they will try to do that. Honestly if these people were smart they would shut down their facilities and just license their patents and sit back and collect money. This management is one of the worst Iv seen, seems like they can't stick with one ceo for long enough to carry out a plan, everyone on the board gets paid 200k a year or atleast danm near. These people at pathetic, this technology is golden. So sad, all this potential down the drain. I feel like mike Oleary on shark tank right now with the way I'm thinking with the licensing route but for crying out loud that's the best route to take. As Oleary says, your "dead to me" .. I'm done here
I'm just a investor, I invest in stocks that make me money, that are profitable. I compare companies againsts one another and determine what's a real company and what's not. There is a reason this company is down here at .0006 valued at not even a tenth of a penny. Now I know the reason you are here, it's called day trading sadly a lot of new traders are naive and fall into the pump and dump scheme. I would guess 80 percent of new traders go through the penny phase, the get rich quick rush. Eventually everyone learns there is no short cuts, although there are day traders who make good money. So let's get real here, you know I know what you are here for. And it's not because you think a company that targets advertisement on ebooks is a killer investment.
You'll see
120 million volume and no movement upwards for a .0006 share price=dilution
5 million in financing=5 million more into debt/b]
Not to mention another 4 billion shares on the way to be dumped. 4 billion shares at give or take .0003-.0006 avg accounts to another 2 million dollars out of all of you here within next month
It's in the last report, no later than that date they will file the certificate. Meaning as soon as they file the amendment dumping will start .. It may have already the date was within 20 days of report which was on 4/9/15
So what ? That's 5 million debt
4 bill auth, will be dumped into market from any point on from here till 4/29/15
Iv been digging up information on this company for the last couple hours. I found some great finds about the company and its business dating from about two years ago to about a month ago. Let me tell you how baffled I am that this company hasn't blown up. I'm baffled as to why they haven't tryed licensing their patented batteries with major players, I'm confused as to why they couldn't close a deal with BMW, all bmw wanted was for Axion to find a second manufacturer!... Although the stock is pretty undervalued it makes no sense as to why this company hasn't blown up or boughten out by a major player. It seems to me poor management has derailed the value of the company. Sickens me to see a potential billion dollar company run by a bunch of morons.
I'm in love with the technology, and it isn't just the battiers. They've been on NBC for crying out loud for their Eco friendly railway connecters.. I'm so confused, so much potential .. They have the best batteries for hybrids ! Get on it Axion, Jesus
I said by that date, I didn't say on that date. Could be on that date or any date before it, could start at any time and I believe it has. But you are free to make your own assumption. Again I'm not trying to bash I just took the time to read the news from 4/9/15.
Gl to you but I'm out, I didn't like the way it closed. I was watching it but this one isn't for me. Gl n make some money
Well according to the information they provided by 4/29/15 the shares will hit the market, so any day now. To my assumption they already started, a flip to .0006 with 360 million traded just doesn't look good in my opinion but I'm not the best so everyone can make their own assumptions. But I stated before if you know what you are doing there can be money to be made here
I'm not saying there isn't money to be made but yea there is a risk like any other you decide to trade. I'm just stating what the company is providing for us to read. I'm not saying the company is trash that's for other people to decide, just see a few questions about the shares and I see bunch of wrong answers so just wanted to state the info the company gave us.
Or you can check the news on 4/9/15 and it clearly states it has been increased to 4 billion shares
4 billion authorized
The company and its 4 billion shares, on a factual note.
Think again
The government in Venezuela is blocking the transaction, didn't even have to dig up that information it's right in front of you
I'm not slow I know the game sadly others don't , out of good karma I just decided to put the info in front of their eyes , if they can't see it and comprehend then at that point oh well. I won't bash just one informative post .. Gl n enjoy the run I'm sure you know the game
I said between now and 4/29/15 within a blink of an eye it's dead , but for smart day traders this is a nice pump play
Dilution
outstanding shares of Common Stock to increase of the number of authorized shares of Common Stock to a total of 4,000,000,000 shares (“Share Increase”).
The purpose of this Information Statement is to notify our stockholders that on March 20, 2015, the owners of approximately 7,195,000 shares of our Common Stock and 4,330,000 shares of Series A Preferred Stock (with 50:1 voting rights), representing more than 51% of our issued and outstanding shares of voting stock as of such date, executed a written consent approving the Share Increase. In accordance with Rule 14c-2 promulgated under the Exchange Act, the Share Increase will become effective no sooner than 20 days after we mail this notice and the accompanying Information Statement to our stockholders.
Between now and 4/29/15 at any given day the death of the company and share price begin
Quarterly report looks horrible , worse than a small business
The net loss before income taxes for the fiscal year ended December 31, 2014 is $17,246,000 as opposed to $11,963,000 in 2013, which increase of $5,283,000 is mainly due to an increase in non operating losses of $5,022,000 from $3,642,000 for the fiscal year ended December 31, 2013 to $8,664,000 for the fiscal year ended December 31, 2014. The increase in non operating losses is due mostly to the non-cash expenses attributed to the Series B warrants issued in conjunction with the Company’s October 2014 public offering.
Nothing here but some garbage
Deal is completed, I received this email response after I sent another frustration email.
"Acquisition has been completed. Edgar system reopens prior to the open tomorrow. When it does we can and will announce the procedures and terms."
I emailed Tom in a frustration email, I mentioned the AFFW share distribution. He replied saying "I understand your frustration, if you doubt the AFFW issuance is happening then call the TA and find out."
I then replied what is the hold up now on the deal?
He replied saying, "None."
Im guessing we will get news by Monday morning before open.
Lol really? Buy it in the open market? Do you realize not enough shares would be available to .02 to .12 on the ask for them to buy it on the open market so they would end up paying way above .12 cents a share. It's not like there is 600 million shares under .12 cents on the ask to be bought. And you do realize buying out a company and it's business means they are buying all of the business not just a interest as we shareholders do. They are buying out the whole company, meaning they own the whole business and it's operations. We shareholders aren't owners we are investors, we own a stock we don't own the company if that makes any sense to you. Legally doesn't make sense buying a company out in the open market it's not possible. Let's say in a magical world it was possible how do you know everyone would sell their shares ? When you get bought out you can't refuse to sell your shares
No, that's just your opinion
Been emailing Tom this morning, I expect news to be out in the next couple days, most likely tomorrow.. Expect some type of confirmation tonight about the deal through email or twitter
How so? Can you prove that? Lol "can't tell public info to private investors"... Did that make any sense to anyone ? Can't tell PUBLIC INFO to private investor ... If it's PUBLIC info then it's info for everyone .. PUBLIC INFO ..smh
They were never up, how can they be down if they were never up?
Where is the financial statement ?
No problem, it's a good sign that he cares to respond IMO.. I feel confident after talking with him
The fact that he takes the time to reply to my emails leads me to believe he cares enough to respond and his character looks better because he's trying to fix it and isn't hiding out.. You guys make your own assumptions I feel good about this
We have been emailing back and forth here is what he had to say as of late:
My email : Can you share some information regarding the suspension and what you guys have been working on today? Like for example what are the concerns of the SEC and how are you guys handling the situation. Also, would the disclosed company still be interested in purchasing the company since now it is suspended?
Toms response :
"I appreciate your email and willingness to reach out to us to get some answers. While we were not made aware of the suspension prior to the SEC, we did speak to them today after the suspension occurred to find out what had occurred. We were advised that our press releases raised concerns because they do not offer specific names. We were clear that larger companies often do not allow smaller companies to pit their names in the press. Further, it has happened all to often to us that once you place names in a release, a shareholder with a $5 stake in the company calls the named individual to see if they are real and what non-public information can they get.
Yes, we are operational and are continuing to operate business as usual. Yes, the LOI is still proceeded with a May 30 due diligence deadline.
The SEC asked us for contractual verification on three of our outstanding agreement which were announced to the public. We provided all requested I formation at 2:45pm today.
I hope this helps shed some light on this very upsetting event.
Tom"
We will see I guess
Got a response back on email..
I said
"Quarterly Filing - The Company will have the quarterly report filed on or before the close of business on Friday, May 23, 2014."
What happen here?
Got a reply saying
"Obviously with the trading suspension, we were a little busy today. Our filing will only be delayed for one day and will be filed Saturday."
What's the email again? For Tom
Ok for 1. what pumping purpose? Usually when there is a pump there is a dump.. I never saw a dump happen? Nor do I see the stock trading less than the PPS when news came out... so there goes your theory.
2. The company wasn't suspended when the company offered them .12 cents a share, if you cant comphremend the date of the suspension(today) with the date of the news of LOI then you are sadly someone with a lower IQ than a second grader.
You want to act like you know everything? Then answer my questions with evidence and not just your opinion or theory.
1. Why was the stock put on suspension?
2. How has FRTD responded to this suspenion/questions of the SEC.