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Sorry to disagree, but I think it has nothing to do with tax reform... Regardless of if they declared things officially or not, the company has had to pay their taxes as a revenue generating entity if they are making all the money we believe they are
Sky’s the limit
Let’s make ELGL great again
Merely promised audited financials back in the days of GBHD too, just saying
Lol, the irony... seems like the opposite to me, you’re looking to profit off these fat cats & the hard work of others, you just happen to be at the right place at the “soon to be” right time
Well, considering they've been talking about audits for the last 3 years, clearly you do. Maybe they should consider new auditors :P
But we all know, it's not the audits holding up this show
Fake news hahahahahahahahahha
The sun doesn't rise, we just spin around it, it's all in your perspective & soon we'll be spinning around ELGL and we'll all be wearing shades on the beach
15K of today's trades are mine, so fortunate to get such a great price:)
This small piece of the puzzle will be more than enough for me, so excited
We're absurd :)
And as for looking at history, our players have solid backgrounds of managing Hugh corporate entities. Golden
That's funny, I took away that it would be very risky to go on file with fake billions. So when they do, you will know it's for real. Especially with all the reputations of our big wigs on record :)
Just an FYI for those interested. .50 per share under the current share structure would give ELGL a market cap of about $85 million, far less than what I'm expecting here ;)
Yup, sounded like it to me
Take a snapshot of L2 people.
In a blink of an eye, the highest ask on the board could become the lowest :)
Just a reminder... I'm as hopeful as any here & I'm a big believer in what's to come, but as with any stock, it's only worth what someone is willing to pay for it... So October 31 or before, we should get some news on the mining division, but we don't know how significant that news will be or if financials will be filed at that time.
So the key is how successful management is at getting the word out & driving in new long term money & clearly that has nothing to do with Merely or YES...
I know the end game here, so I'm not going anywhere, just a little sceptical on how significant October 31 will be. Time will tell
No flip down here, I've only continued to buy & excited for what's to come. Yesterday's PR is still vague, same message we've heard for a long time, but yes, I agree, exciting to get a more firm date than "soon"
It was not a material event, but getting details on or before October 31st will most certainly will be material.
Knowing what you are invested in is far more important than knowing when
The best is yet to come
Yesterday's action was based on no material event, so just wait for real news to hit & there will be much more of a significant movement to come & even that will only be the start
Every number and road here leads to the promised land :P
So excited for the future here!
I'm a fool :)
Obviously it's Merley, it's listed on otcmarkets.com :P
No need to pump, I'm ready to let the company do there thing. All material, no pump.
Those who know, know, those who don't, don't
This is an investment, not a flip.
Clearly, no one here is happy right now, but we have each made our own decisions & I'm comfortable to wait.
Sunday marks the 6 month anniversary of the takeover of this company. Rome wasn't built in a day.
Correction "multi-billion dollar company"
I don't expect to see them suspended, but I do think we will likely see a halt
Thanks for the comic relief, could use a good laugh
We know where this is going, only wished they said QX prime, but I'm confident it will be
The PR from July 21 said that one of the 3 subsidiaries was worth €3.75 billion... Also said that the particular subsidiary had been audited by KPMG. Do you think KPMG is trustworthy to do the audit?
Thanks, but I don't have PM...
I've researched Merle in the past, but I think he's legit, do you think anything he's said is untruthful?
Our market cap is presently $22 million, yet they've already PRed assets of 1 subsidiary valued at €3.75 billion... Do you think that's a lie?
Do you think they're not worth even the $22 million cap they're trading at now?
Thanks
You seem so knowledgeable...
How did you come across this information???
Is this a scam?
Should I sell?
LONG ELGL
Probably related to the settlement of the RM, thx 4 sharing
http://www.investopedia.com/articles/03/081303.asp
Place your bet & your dreams might be met ;P
Ouch... From 4c/month (48c/year) to 2c/month (24c/year) to NOW 1c/quarter (4c/year)...
PWT.TO just cut its dividends & cut 400 jobs, preview of the future of PGH???
Half right, what's next
Lol, if ELGL had an O/S of 3,882,311,732 we'd currently be trading at 0.0061 :P
I know what you mean...
If we were the old GBHD, the current pps the P/E would be a whopping 1.5
Under the new ELGL we have a negative P/E LMFAO (well it's actually impossible to have a negative P/E, so it's more like a P/E of 0.000xxx P/E :P)
No, he was suggesting it was done 15 hours ago, lol
I mean, the old Clarinova bond was successfully subscribed & then repaid & cancelled in a very short period of time. Being that they are now a public company should make subscription of the new bond easier, no?
So should I sell my shares then?
The whole back & forth debate is pointless. Some investors believe what has been PRed & there are those such as yourself who do not. As you've started (which I agree with), that clearly the markets don't believe what's been PRed thus far (as shown by the current market value closing at $32.5 million yesterday, a far cry from the billions in assets PRed so far).
Being that our suitors of the RM were a private company & ELGL (so far are a limited reporting company), they have no obligations to disclose bond or auditing numbers, but I don't believe they intend to remain in the OTC for very long, so we can expect to hear more (but on their timeframe, not ours).
Being that they are jumping through all sorts of hoops and nothing has yet to be reflected in the pps & trading of the new ticker is similar to the past. It seems like a lot of work to basically achieve nothing so far. I'm in the group of those that believe in what has been publicly released (in case that wasn't clear)