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Yep, same old same old. ST3 has been uplisting to NASDAQ every year since 2020. lol. Not going to happen in 2023 either. Price is .0005, and he has dropped to the expert market twice now. Plus, nothing of substance that would generate enough revenue to hold the price up if he does do a split to attempt NASDAQ. And if he does do a split before he has anything substantial to hold the price up…well, it’s over for anybody still holding.
Best to all,
WW
Yep. ST3 knew this was going to the expert market and said nothing so “normal” shareholders would not panic and do any rash trading. Once it dropped to expert, all those “special” people could trade outside the Bid and ask, while the rest were locked out. Just as he wanted.
Then , he has that PR ready to go today, so it looks like he’s being honest or cares about shareholders. He’s not….. he’s playing games. IMO
Best to all,
WW
Big things? ST3 allows the stock to fall to expert market so only “certain” people can trade under the bid, while locking the rest of us out? First the fake RS and now this.
Take a look at the trades. There was little volume going on before the drop to expert. Yesterday, after the drop, over 17 million shares traded. 99.9% under the bid. Big things for sure. They’re called shenanigans.
Best to all,
WW
Call me a Negative Nelly if you like, but there you have it….It’s starring us right in the face. Expert market. Either he is up to no good (more shenanigans), or truly is the most incompetent CEO imaginable. I’m guessing a little bit of both.
Look what’s been going on. Its been a year and a half and he hasn’t come up with the 1.7 million to close the transaction for the Tuskegee property. Now he’s lost IST, which was highly touted as a large revenue stream coupled with Tuskegee, and even allowed the stock to fall to the expert market…. Not to mention all those PRs in the last 3 years that amounted to nothing.
And Tuskegee was a deal that was supposedly “Signed and sealed“. Remember, Frank said this was the most reputable deal the company had ever done and staked his reputation on that. Still waiting, Frank.
ST3 hasn’t been able to close that deal because IMO, he can’t come up with $1.7 million.
Yet, we are suppose to believe he will raise 38 million for “ pre uplist” and another 75 -100 million to satisfy the S1 form….and now, another 40 million for Tekmovil ? Honestly, it doesn’t seem possible. Sounds like more hot air.
The best thing ST3 could do now is stop talking about Uplist, and get his current information up to date to get off the expert market. Oh , and maybe close a deal that actually create revenue.
Best to all,
WW
Thank you, Veronicafox.
Best to all,
WW
If ST3 doesn't get it together quick, his ticker is going to the Expert Market, where it's not going to be able to be bought or sold. Sure isn't sounding like a stock that is suppose to be uplifting to Nasdaq in less than 60 days is it? Seems to be getting worse instead of better. More than 60 days into the 120, and it sure looks ugly.
"This security has entered a 15 calendar day Grace Period because OTC Markets Group is unable to confirm that the issuer's disclosure is current and publicly available under Rule 15c2-11. It will be downgraded to the Expert Market at the end of this Grace Period unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception."
Note:
Because of the restrictions imposed on securities quoted on the Expert Market, most investors will not be able to publicly sell their shares. Additionally, they will not have access to bid and ask prices or other information, including trading volume. As such, Expert Market shares are illiquid.
Best to all,
WW
Yep, got your point.
Reversing the split didn’t help any of his share holders who sold for a huge loss after he announced it. The damage was already done. Very fishy, in my opinion.
Best to all,
WW
Yep, exactly right. ST3 doesn’t have a good track record when it come to finalizing deals. A lot of talk, but nothing ever happens. PR’s get hyped, then they simply fade away.
Best to all,
WW
Any RS at the current price with no deals to create revenue to hold the price up would be the death of this stock to all who currently hold it. It will be back to sub penny in no time.
Best to all,
WW
Hey Gilligan, where’s the incredible news you mentioned was coming today? Just curious….;)
Best to all,
WW
I think everyone should be more concerned about revenue streams and closing deals than NASDAQ…Why? Because the resulting share price of an RS and uplist will never hold without stable revenue coming in. We’re already 30 + days into the 120, so ST3 better have some up his sleeve that creates revenue…soon.
Best to all,
WW
Exactly right, Money. Nothing happens unless he closes these MOUs. Valid concern.
Best to all,
WW
Thank you, Pea. Exactly what I was saying in my last three posts. Pretty simple, right?
Best to all,
WW
I’m not sure what more I can say.
But I’ll say it again. :)
At this time, unless something changes quickly, IMO, within 120 days, my concern is that ST3 will try to Uplist/RS BEFORE any of these MOU have become more than a MOU.
All this stuff he is talking about is just that….talk until he solidifies these deal and turns them into actual money making entities. You cannot sustain an RS and uplist unless you have a steady stream of revenue. To have revenue, you must close some of these deals. And deal closing, up to this point, has been difficult for ST3 . So I think these are valid concerns. It makes perfect sense to me.
This is why it behooves ST3 to close some of these deals and create a steady revenue stream before uplist/RS. He will have to do this if he is to be successful.
Best to all,
WW
Sloppy, there is absolutely nothing wrong with posting concerns. These are all valid concerns that cannot be overlooked. He stated wanting to uplist in 120 days. I really hope he can do something positive, but it’s really pushing it if you look at the share price. If he is unable to get the share price up and stabilize it, it will fall back to where it started after the RS/uplist. This is a fact, not a bogus claim. I’ve seen it happen many times.
I would feel a whole lot better about all of this, if ST3 gave all these MOU’s time to become actual signed contracts and bring in revenue for a few quarters. After this, then he could start talking about uplist, and it would be much safer.
And what makes you think he wouldn’t RS? He already did a fake one that cost his most loyal shareholders thousands of dollars in losses.
We are all in this together, so it’s best to pay attention the good, the bad, and everything in the middle. Let’s keep an open mind. A great day to everyone.
Best to all,
WW
My biggest concern with all this is that ST3 will rush into doing an RS and uplist before he has any viable business to maintain the new share price .
Been waiting almost a year and a half for an update on the Tuskegee land transaction, a deal that was supposedly “signed and sealed”. However, we still don’t know if he has come up with the 1.7 million to close the land transaction for the property.
And yet, within 120 days, ST3 says he will raise 38 million for “ pre uplist” and another 75 -100 million to satisfy the S1 form….and now, another 40 million for Tekmovil ?
I’m sure there is some overlap of what funds are going in to make up the total required amount mentioned, but that’s some very lofty expectations for raising money in a very short time…. especially for ST3 , if you factor in his past performances.
Best to all,
WW
Donmilo,
Your buddy said it right....."This could be huge if this closes". Yep, that's the key here. ST3 must actually close the deal to make something happen.
Been waiting a long time for him to close a deal......Lets hope he gets moving on this one. I would
hate to see yet another opportunity fade away.
Best to all,
WW
Mighty, no disrespect, but if ST3 fails to add a solid revenue stream that increases and stabilizes share price before implementing an RS and uplist , it’s over for all shareholders.
Best to all,
WW
Im more concerned about ST3 solidifying some major projects to bring in revenue, and get the share price up. Dividends and uplist will never happen without this.
Best to all,
WW
VeronicaFox,
Mighty believes anybody who purchased this stock at a sub-penny price is a toxic shareholder. And yes, you may be a toxic shareholder if you don't agree with him. :) It is a distraction from factuality and he does it often. I learned a very long time ago that its best to take what he says with a grain of salt. ;)
But hey, on the other hand, at least he doesn't remove all our posts like the last guy that ran the show.
Best to all,
WW
Exactly right.
Best to all,
WW
A Reverse split and uplist would be the death of this stock as it stands now. ST3 does not have the business that could support the Share price after a split and uplist. There would have to be huge additions of business/projects and revenue to make this even remotely possible to be successful. Just how I see it.
Best to all,
WW
Uplisting to NASDAQ without any solid business deals (actual signed contracts) would be absolutely the worst thing ST3 could do.
The share price could never hold the uplist price, and could likely fall right back down, eventually back to sub penny. And the number of shares that you hold will be substantially less, and it’s back to where it started. It’ll wipe his shareholders out faster than one of those fake reverse split.
It behooves ST3 to create something of substance before he tries to uplist.
Best to all,
WW
Unfortunately, we don't even have the cake yet. :)
Best to all,
WW
Was to be 1.7 million by Nov 11, 2022, but no word from ST3 if they completed the deal or had an extension. 8 months later, still nothing. And it was 135 acres…
Why do you keep making statements like this? It is quite obvious they do not have Tuskegee…..ST3 has not closed the transaction of purchasing the Fred Grey land required for the project.
Not a single update on the status of this land transaction either. The SP reflects this quite well…
Best to all,
WW
Still waiting for any kind of real update on Vume, or a real update on Tuskegee land transaction, which was supposed to be a “Signed and sealed’” deal. Seems to me nothing ST3 says ever comes to be…except fake reverse splits that duped people out of their money.
Best to all,
WW
Well, no offense, but if the CEO still doesn’t understand why the SP is .001, he has the intelligence of a rock.
There is absolutely nothing shocking about the SP based on ST3’s inability to execute.
Best to all,
WW
Sure sounded like ST3 was looking for money. The last article on June 19th stated:
“There is still an opportunity to get involved as VüMe is currently raising capital and looking for investors to be at the forefront of the launch of VüMe.”
You guys can keep talking about all that other stuff until you are blue in the face .It’s all meaningless if ST3 cannot close the deal on the land. No land no Tuskegee project. It’s time for ST3 to come clean……,,
Best to all ,
WW
I don't really care how many houses Benaisha Poole-Watson has sold, how much money the second richest man in the world has, or how many 650 million dollar loans TPTW MIGHT get down the road.
In reality, none of that stuff matters if ST3 cannot seal the deal on the land. What matters is what ST3 is
or is not doing in regards to the land deal for Tuskegee. All that other stuff without land just becomes hot air that keeps people hanging on.
So, if this is indeed real as Frank once said (signed and sealed), it's time for ST3 to put up, or shut up. It's been too long, and the shareholders deserve an update, if there is actually a Tuskegee land deal in the works. Yet, the silence is deafening, as it always has been....
Its been over a year since the original PR and now 5 months past the original deadline to wrap up the transaction for the land....Not a good look when ST3 can't even give a SIMPLE update on why the land transaction didn't wrap up on NOV 11. Just my two cents.
Best to all,
WW
Actually, Down from 6.00. (That’s dollars)
Fell back to trips as expected.
The people who were $issed were the ones who already had a 97% loss and sold because off his fake RS. Those shenanigans cost ST3 any credibility he may have had. I honestly don’t know how you can believe anything that comes out of this guy’s mouth anymore.
Best to all,
WW
Yes, it sounds like there will be multiple contractors who will be bidding on these contracts. It does not appear to be a 250 million contract that has been awarded specifically to IST. It appears they simply have the opportunity to bid on the contract. So it really isn't awarded to them. At least that is the way I am reading it.
IST LLC will have the opportunity to compete against a limited number of contractors in six states, namely AL, FL, GA, KY, TN, and TX, with the number of offerors ranging from nine to twenty-two contractors. This approach creates a higher probability of contract awards compared to the traditional full and open competition approach.
What ST3 really needs to do is put out an update on the Land transaction for the Tuskegee project. Its been over a year since the initial PR release, and they originally had until November 11th to get it done. So ST3, are you still working on it? Did you get an extension? or is it dead? Or is he just going to wait a few more months and then just say he "Miss spoke" like he did with some of the other potential projects? This is why people are skeptical. Sorry to sound negative, but the man cannot seem to follow up on anything.
Best to all,
WW
Update on Tuskegee land transaction please. That is what matters.
Best to all,
WW
Will ST3 ever put out a valid Release date for VUME that actually happens on schedule? It's missing in action by over a year according to that PR.
"We anticipate the launch of VüMe in early Q1 of 2022" said Thomas."
Don't know how the guy stays in business. Never seems to hit a deadline.
Best to all,
WW
Sure hope so. Would lend some credibility to hear the transaction is completed and the project can move forward. That land is the most important part.
Best to all,
WW
Still not a word on if the land has been secured…
Best to all,
WW