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As of yesterday Icahn has not sold a share
https://www.otcmarkets.com/financialReportViewer?symbol=VLTC&id=170594
As of December 31, 2016 entities affiliated with Mr. Carl C. Icahn owned approximately 97.9% of our Series J preferred stock and approximately 52.7% of our common stock.
Lol, fake news of Icahn selling out chased investors out of the stock, VLTC simply fell off 13F requirement list due to delisting.
Meanwhile, Icahn is building a real estate vehicle with 498 million of loss carryforward.
Watch for announcement on start of construction in Ghana, land has been acquired by Yam Pro, TC Energy is the partner there.
Bbrd is about to make another run. Imo
Homebrew, call it what you want,sold HAlf my shares in the 5os will hold the rest, can't lose now.lol
Nice update, and yam pro guys are not a public company so no sense of blowing smoke for the sake of share price.
You sold 5000 shares at 0.002 or 10000 at 0.0015 and gloating. Lol. You people crack me up. There was no volume to sell anything in the past week to afford a Mcdonalds meal.
I will post when the final order comes out, but dont count on much, after fees there should be a fraction of a penny left for the shareholders.
The silver lining is that Lentuo HAS a million to pay plus they spent a bunch on their lawyers. Why would they do that as Chinese citizens if the company was dead?
Class Action has been settled for $1000000 subject to court approval.
The final class action settlement details should come out by 9/2/2016
Lentuo has reached a class action settlement.Details to follow soon.
Lentuo has reached a class action settlement.Details to follow soon.
BBRD is great.
Israel to cut down on GHG, boost incentives and free loan guarantees to renewable energy companies http://www.israelhayom.com/site/newsletter_article.php?id=32999
Common traits of a crooked pinky are toxic financing followed by reverse splits, constant share issuance and high sg&a.
So far none of it here, SG&A for 2015 was only $48K and share count has remained stable.
No links allowed. Open a Pacer account and search for the case docket.
Class Action dismissed with a last chance to amend.Judge said one more granted motion to dismiss and he will not allow refiling.
Not really. Imagine you are buying a house and the bank asks for your job information, bank accounts, etc. They want to know your likelihood of repayment. Guo didn't pledge LAS revenue as collateral, just listed it as source of repayment.
In the latest court motion LAS lawyers are claiming that plaintiffs have not and will not produce a document that LAS revenues were pledged and everything to date has been bogus and pulled off short seller websites.
Most in penny land are scams and this could end up being a scam at the end, however what separates BBRD from everything else right now is the fact, that they are not diluting by using toxic financing while spending money on themselves.
Guo still has all his shares and didn't sell a single one during the debucle.
They are still actively fighting class action, still claiming loans have nothing to do with Lentuo and however they seem to admit to cash flow issues I don't believe company is dead. Why fight, just go through bancruptcy and US legal system has no reach in China.
Most penny stocks are fraud and will take your money, however there are rare exceptions. Is this the one?
They are not diluting like crazy and paying themselves with it at least not on paper. CEOs restricted shares will tell a tale going forward.
There was no promotion, it seems there was an anti promotion to get volume up for some reason. There was a mention of a promotion and three minutes later a message saying how all promotions suck and you will lose money and it happened several times.
Hearing is set for December 14th. Just like I said. You posted a PROPOSED order and nothing more.
The hearing on a motion to dismiss is set for December 14th. I don't believe the previous post is accurate and ruling has not been made.
Can you elaborate?
California Central US District Court. You have to have a paid PACER account. No links allowed or possible.
Lentuo has filed a motion to dismiss 3 days ago. They are being represented by the same firm they had since listing on NYSE.
Long story short, they are saying that 250rmb loans are not Lentuos responsibility and provided proof. They are also saying that there was a coordinated short attack including a lot of planted stories and posts.
Guo is not giving up.
The only revenue they are going to report is the preorder revenue between 100-150K. NXTD does not book revenue until the order has been shipped. Invite and general website orders did not start shipping until third quarter.
Meanwhile Mazda has posted new promotions today http://dealergroup.bitauto.com/142/news_3.html and VW has listed bunch of cars on Bitauto.
Who is buying few thousand shares every day on the grey market?
Maybe its Guo trying to take this thing private on the cheap. He can buy most of the shares for under a million dollars and regulators cant do a damn thing.
EOIR Holdings was aquired for 19 million and sold for 34 Million 2 years later,most of the cash from the sale was distributed to shareholders via cash dividend.
That's a history lesson.
You are absolutely right, however, my point was, that OTC market is a perfect land for toxic debt, since disclosures are not made until well after the fact of financing if ever and unloading those shares to new bagholders. After several rounds company announces reverse split and new round of bagholders is created.
If management's intention was to engage in this behavior they would not uplist to Nasdaq where disclosures are made before debt financier could act on it, hence today is a perfect example, shares were sold at 1.75, but traded well below that.
I'm not saying NXTD is a golden goose and does not carry significant product acceptance risk, however, it is not a toxic debt penny stock.
Bash away, but at least be honest.
How old is this "Mr Wocket does not exist"?
In case you did not know company trades on Nasdaq, you don't uplist if you intend to use toxic debt financing. Gino and David still own majority of the company and the fact, that they took their technology and went to play on their own is not a bad thing.
Lol. According to your previous post you bought 3 all by yourself.
People don't bother to post good reviews, mostly complaints and I know this from personal business experience comparing a similar volume competitor.
Coin vs Wocket Facebook comments are night and day.
Interesting. I ordered at the end of the day on 06.01.15 and my order# was about 400 orders lower then yours. I was charged on 6/30 and received mine on 7/16. I know there was an initial surge due to the invites, however, 400 in one day and Ginos comments to CT Post reporter on June 10th give me some hope.
What was your order number and when did you place an order?
Thanks
What was your order number?
Just like previous few reviews my wocket works about 50% of the time. Worked at 4 different gas stations, publix supermarket. Did not work at movie theater, doctor's office and dunkin dounuts. Worked as debit and works with chip cards.
Company rep said companion app will fix swiping issues and it will be released shortly.
If issues are fixed the wocket should take off, people are very interested, except it sucks to explain when it does not work.