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Hey guys,
Someone messaged me to check the board out.
I have not heard from Dan in a while. Originally his intent was to raise money for BYZN, do some deals which would build the market cap and I believe at least attempt to get ImpactPPA and WSTI out of the fire. But to do that he needed to raise some money (not sure if that got done).
Even if he did raise money, it would not be enough initially to clean up WSTI. Though he might have more leverage now as any creditors cannot really get anything.
I would think any deal would be some kind of stock swap which might dilute us a lot but we have a zero price, delisted stock now so anything is better than nothing.
Regardless of the posts I just read that someone posted below I still think this is all a very long shot.
Well it is not all that way. Other cryptos move fast.
The people behind Plus1 (Clem and his sons) are great . They do have a lot of stuff going on and try to tend to everything . They started that Free Faucet site you see advertised in the faucet section and built it from the ground up and now have 85,000 members!
I have been on there since last spring I think. I use to post about it but the posts would get removed here.
But in terms of free money you can draw 3 times on the free faucet per day (Free membership level) but also click on ads (similar to what we did here on our faucet) and earn more. And there are even surveys you can use to earn more money. They have really done an excellent job with the site, and it is one of the best out there. Also many of the coins you can transfer to SouthX and they clear within an hour or less.
So what I did here was trade out of the plus1 coins (once had a lot). I bought BSV, and then I earn free coins and stack them and add little amounts.
In a simple example say IBM stock is selling for $100.
Every day I add 3 bucks but earn 1 dollar in free coins. Essentially I am buying IBM for 75 dollars while the price is $100.
So I use free coins to lower cost basis. It is small but over time it adds up and you have a real value in something that can be moved.
If people are interested in crypto I would definitely recommend the Free faucet site. The guys are super nice, have listened to ideas, and keep moving it forward. I am also thankful to the people here that helped me with questions when I first started collecting plus1 etc.
Good luck to everyone!
On moving Plus1 Coins....
On the 12th I transferred approx 100 coins out of the Ihub wallet to SouthX
Since IHUB/Plus1 people have to manually approve each transaction it eventually got approved the 23rd , 11 days later.
That is actually "quick" as sometimes it has been 2 weeks or more.
Then on the 23rd the process of getting enough confirmations (10) needed for the coins to clear SouthX
Right now 3 days later it has only 7 confirmations.
Basically the Plus1 blockchain has ground to a halt. It will eventually go through but electronic money should not take 2 weeks to move less than $3.00 in value!
Willy I presume you are waiting as well?
Hi Willy,
Thanks man!
Plus1 chain is really slow right now. I am still waiting for my original withdrawal to clear it has had 6 of 10 confirmations all day today.
Braz is also slow (but has been quick lately not sure what happened)
At one time I had a ton of plus1 coins but I traded out of them bought BSV (Bitcoin SV) posted about it here, it tripled! :)
Might take a few more days to clear SouthX but sometimes they add more hash power when it jams up and then it moves!
Hi Willymon,
Yes, I have always been able to withdraw plus1 coins. First to tradesatoshi when it was open (closed now) but just sent some over to Southxchange a few days ago.
I can help you out there.
First you when you go to SouthX you go to the plus one wallet there on the exchange click "create new address" . Then use the clipboard thing to copy it to your clipboard.
The go to your wallet here and paste the address where you want to send it on the Ihub wallet spot.
The address should look something like this
PSAWuZSgybbsihQe4vXCRPhtLcd2izk9Jv
Do not send coins to that address above, I just generated a random one so you should know exactly what it looks like. There are no other weird characters or anything just a string of letters that should show up.
Once you press send on that to send to that wallet. The people at IHUB manually look at at it and eventually send it. This time it took 3-4 days sometimes it has been over 2 weeks. If you have a really long time you can use the help button on this site and someone will contact them over at plus1 to make it happen.
I have successfully sent all Plus1 off this wallet so you can do it, it works.
I am not sure if those addresses you showed in the prior post were mean to look like that but that is not the correct format for address it is just a string of letters and numbers as above.
I hope this helps. Ill keep checking in to make sure you get yours through
Hey guys,
Hope everyone is staying safe. Things are pretty bad here in CT.
Regarding the recent court case the big bank loan already had a lean on everything including Dan's personal home so as bad as court seems we were just as bad off before this case it seems as the bank loan is way over that amount.
Ever since we were de-listed chances were slim to none but perhaps even less so now with oil prices so low which makes renewables an even harder sell.
The only chance would be if Dan could raise a real lot of money and settle the debts partially with cash and stock. but to be honest I really do not see that happening in this environment. Lots of companies are folding up now due to the economic conditions, oil prices are low, investment money in chaos. Also even if anyone had business to do and money now you could not even travel to get it done.
Rob from the group who had the biking accident is recovering slowly. My daughter friend lost her grandmother to Covid, and her uncle in in the ICU now. I have 5 other friends with it, 4 mild cass mostly recovered, one is a bit tougher. Been working from home since Mid-March, stocked up in Mid February with stuff here. My daughter had two Covid tests (first one "leaked in the bag" they said. Second was negative.
Its hard to believe my first post here was in late 2015. It has been a long road.
For those of you that might remember the Handbag company turning into a pot company.... Well just as it got close, everything was getting shut down and since no audited statements nothing happened there either, at least not yet.
If I hear anything ill pass it along. I really wish that deal I was trying to put together with the Water company and the sanitizer company worked out as that company is killing it now. Cant even make enough to supply anyone, Stock would have been flying.
Hope everyone stays well until this blows over...
Interesting. Been here since 2015 since before even ImpactPPA arrived.
After ImpactPPA came a bunch of ImpactPPA press releases came about the India deal. Everyone (Stockholders) were clamoring for a press release from Windstream which people pushed for, not just me but others as well.
Originally there was even a signing date with Modi, but then it kept getting delayed as the company ran out of money.
Despite the failures lots of people tried to keep helping if possible, including myself and trying to update people even since we stopped trading a long time ago.
While I was lucky with some of the .0001s I had since 2015, I lost it all and then some by buying back in selling some for a loss and holding some I cant sell in hopes something would happen.
Maybe you can pull up some posts where I said this was a longshot, only suitable for small money, high risk situation.
The biggest loser here is me for all the time I spent on this in addition to losing money and trying to do something good that would make something happen.
By the way I cant search as i am not paid member but some might recall I mentioned a sanitizing company called Durisan as part of a 3 way merger with a water/solar company. It was a private company. Check the news on that one now. If that worked it could have really helped. At the time no one knew about Coronavirus.
I actually on my own time drove to NJ to try introduce the water co to Dan, and they had some exchanges on the phone. I also , post us going to non-trading spent a lot of time setting up another meeting with some people in crypto funding that managed to get to the review stage and a conference call. All for free, no one paying me anything, Mainly to try to make this work for everyone.
Maybe like many others I got too excited over the prospect of things given the info coming out of ImpactPPA and hoping this would turn around. My interest here was the same as it was in 2015, I liked the idea of solar/wind power and the potential for the blockchain element that came along later.
This stock started moving that May on the day I was at my dad's funeral services. If I had traded right I would have bought more when it started moving but instead only had a modest amount at the time then bought back in higher still believing.
Not sure anyone knew it would completely fall apart with all the deals in the works, the meeting in the Caribbean for the climate accelerator and everything going on.
Hey guys,
I am still here. It is tax time. But more importantly I had a wicked pinched nerve that took almost a month and a half to resolve. It hurt to sit , to type, to drive, had to sleep in a chair! If you have been there you know what that is like. Hopefully never again. Wound up getting a new bed, new pillows, a contour pillow, a new chair and was on a prednisone pak for 5 days or so. In the last few weeks it finally started to get mostly better.
As best I know things are still in the works but not sure how the coronavirus stuff is affecting travel and business meetings.
Ill try to circle around with Dan sometime soon.
I talked to Robert (who had the bike accident) a week or so ago on the phone he is slowly recovering.
Right now I think things are going to be a bit messy getting anything done anywhere because of the spreading virus, cancellation of air travel and other things. I talked to tons of people this week and real estate deals are being cancelled, conferences etc.
Will be busy the next month and a half but I never leave on a boat LOL Been here since 2015.
SouthXchange has been good. But currently it takes forever for Plus1 coins to move anywhere, especially from wallets here on Ihub to anywhere else.
Its been 5 days and the transaction from Ihub to southX I sent still is not in the blockchain. This is because they have to manually approve them . Most of the time it goes 7-10 days and then I message them and it eventually moves
100 coin faucet!! Hurray just happened across it today!
100 coins FINALLY!!!
Just a quick update.
Hope everyone is doing ok.
I have not heard anything from Dan but just reached out to him to see if he heard anything at all. As we all know chances are very slim of anything working out for us but will check anyway. A few weeks back he mentioned if anything was going to happen we would know by the end of January but I do not think he was that hopeful.
I have one more person to contact that I might try to have Dan send his business plan to with some changes. The longer we are "Cold" the harder it is to get anything done no matter how interested parties are.
Ill see what I can find out about this "Expert market" stuff. If it even means anything at all.
I will always be thankful for plus1 because it started my interest in crypto again after many years. But I am so happy that I sold maybe 6-7k all together at price many times where we are right now and turned them into something else which I accumulated.
If it were not for the mention in the ads here I would have never known about freefaucet.io as well (also run by the same people). I got to know people there, they added my coin (BSV) and a geofaucet option for it (so I Can scan a qrc code I put up at the post office) to get free coins as well.
From there I learned about Cointiply where you earn coins by doing surveys, spinning a faucet (similar to our clicking every day or 12 hours only every hour there) and altogether all this has added up to some real money. I also met people on the boards there and have my phone mining two coins (ETN and PI).
The people running things on freefaucet are the two sons of Clem. They are awesome people and work their butts off.
So from this plus1 coin I have made some free money, learned more about crypto, made some new contacts and got involved with a bunch of cool projects.
I also achieved #1 status (briefly) on freefaucet, currently in the top 5 or 6 I think. So every month I get a good share of the free bitferno mining thing they have there (usually a few bucks a month).
So free plus one coins turned into other coins, free coins from cointiply, free bitferno mining share, free value from mined coins on my phone. It all adds up.
Anyone can do the same thing.
I know it sounds like small money but just the price increase today alone in what I turned all this into with free/earned coins was $120!!!! (BSV up a lot today).
Probably wont get rich any time soon but my plan has been to use small amounts of real money and mix it with free /earned coins.
So if you buy something for say 100 dollars and 30 bucks of it is free coin you really paid 70 for it. ITs like making an investment with a 30% cushion.
I cant find much info on this "Expert market" stuff. But do see 2 stocks talked about as being in it. Not really sure what it is , even after reading the pdf you posted.
Sometimes these dead things come back to life though, we saw WSTI at .0001 for years before it moved. But now we have other hurdles and maybe ran out of last gasp money attempts. But ill keep following up. IF you can find out more about the Expert market that would be great.
Yes, but I would guess our chances are very slim at best here so do not get your hopes up. It is a shame that nothing got off the ground.
Of course if bankruptcy is the route there might be someone that grabs the assets and takes the ball and runs with it but that wont help us out any.
Hope everyone has a nice holiday! Ill check with Dan sometime in January to see if anything is going on or not.
Just grabbed 60 plus1 coins!
Oddly two of the faucets at the bottom must have seen 8,760 hour pass since I last claimed them LOL
Grabbed 60 coins tonight! So try them out
Smart Cannabis
GreenLeaf
In any case hope everyone here is doing well.
Update -
I do not want to give anyone any false hope. We are one step away from being gone for good. I am sure everyone know this but I do try to keep in the loop with Dan and follow up and post whatever I find out.
I managed to catch up with Dan and while we are running out of time and options the potential deal with India/Australian group is technically not over yet. Whether or not it happens who knows. Looks like we will know one way or the other by mid January , only due to holidays coming up etc.
Australian person Dan knows has been to India plant is all for it. Indian connection sold assets to fund an entity which is a complicated deal which even I do not understand but apparently which then makes investments of which we would be one (about 10% of fund).
The people seem decent and want to move forward, but honestly anything at this point is a longshot.
There was one other thing I need to check on which was a business plan submission through a contact I had that was approved pending funding but forgot to ask Dan or contact the person I know about it.
No one can trade our stock now that has been de-listed and honestly as others have stated we never got off the ground and are for all practical purposes dead for good. So I really want to emphasize I am just passing along whatever I can find out but do not cling to false hopes.
Ill post back when I Can find out more or if I check this second thing that I forgot about.
I hope everyone has a great holiday season and that other things you have have worked out better. Still waiting for my handbag co turned pot company to open up but its moving forward and should open in a month or two for trading on a higher exchange after 1 for 5 reverse.
Heading in the right direction I hope :) Mostly good days now!
Trying to see if Dan has anything left in the works here or if we are done/done. No word yet. Sometimes when he does not respond quickly it has been something is going on but who knows.
So many chances, running out of time though. Wish I had the funds to do this myself.
Ill check in again as soon as I hear anything at all.
Hope everyone is doing well. Feels good to be alive and a bit less worried.
Alive and Ok :) - Thanks for all the nice comments!
Hey everyone, I did not read all the comments yet , just the titles but I had my surgery on Monday and while it was a bit rougher than they tell you, and I had a few burps since, I have strung together a few good days and feel well. Thank you for everyone that commented.
The ILO thing someone posted I think Dan mentioned trying a while back. He literally tries everything. I have no news to report on anything but have a nice long weekend ahead to catch up here and send Dan a message. So Ill post back. Robert continues to recover from his bike accident and sounds good.
Ill catch up on the board and post back soon!
Just managed to speak with him briefly today.
I guess I was a bit too negative in my last post. It is really hard to read much into anything but apparently the big deal with the India/Australian company is still possible. It remains the best option and he might know more in a few days.
I am going in for heart surgery Monday for an CRT-D device implant so I told Dan if there is good news let me know before then LOL
I should be ok and out the next day but sorta in recovery status for a week or two.
Not sure how this will turn out but until we hear a YES, there is a deal and money is exchanged then nothing is really done. Dan also circled back with some other people. In general sounded a bit more positive but I honestly believe we are in the end game here. Either we get a lucky break or not.
We are essentially back to where we were before we moved off the .0001 level. But like I said before we were dead many times here.
Money still seems to be out there just gotta get some.
I wish I won the powerball and could do this myself!
Ill check back in to let you know im alive after Tuesday :)
I have not heard anything but plan on trying to reach him maybe tomorrow. Sometimes it takes me a few days to get in touch with him.
Personally I think if the bigger deal does not happen we are pretty much toast here but who knows. We been dead before.
Hi KarinCA ,
I sent it to SouthXchange (one of the places where plus1 is listed).
I have done this many times before and never had this kind of a delay.
Generally speaking I took all my plus1 coins collected over a very long time and turned them into Bitcoin SV. I also add from the freefaucet site and from the SouthXchange faucets and earn some coins other places.
Trading is really easy. I honestly do not see the plus1 project going anywhere. I figured at least Id have a shot with something else. I have accumulated a good amount since the price of Bitcoin SV has really gone up. But its a long term things for me I do not trade in and out of things like some people do.
It is of course possible Clem will surprise everyone, but there are so many coins out there now and little money to really promote them. Everyone is competing for use cases.
Interesting....
So on 10/18 I sent my plus1 out from the IHUB wallet here. It has been 10 days and when you click the link it has not yet even entered the block explorer yet.
This happens because they manually approve each withdrawal.
Not usually a big deal. Usually takes about 4-5 days to get into the block explorer and a day or two to get enough confirmations to actually show up somewhere else.
In any case since it had been 10 days I emailed them at the support email. I received as message back...
"Dear Sir,
Thank you for your email. It can take 20 days to your plusonecoin to be withdraw completely.
If after the 20 days of procedure the withdraw is not complete, do not hesitate to contact us again.
Regards,
ADVFN, Support"
In my opinion that is totally ridiculous for crypto of any kind. But ill wait and see what happens.
I like the people at Freefaucet and the ADVFN people in general but I am not sure how any of these projects are going to work if it takes them 20 days to move a few bucks.
Ill try to explain.
When WSTI was worth .0001 before it got de-listed - Every 1 million shares was 100 dollars. .0001 = 1 tick (as I call it).
Right now we are at ZERO = nothing -- 0 ticks.
In a deal with large cash infusion and 40% of company given up or so I am just guessing we might get to 10 ticks or for every 1 million shares it would equal 1000 dollars. In a massive dilution it might mean every 1 tick is worth just a few hundreds dollars.
Again there is no way to really figure these things out since there are too many variables but generally speaking lots of cash and less than 50% dilution is a better chance for more value for existing shareholders. Of course things can be worse and at times under the right sequence of events much better.
Right now , as always we wait to see if anything gets done over the next few weeks to a month. Dan has been quiet and I have not heard from him but ill check in with him soon.
Ill try to answer what I can as best I can.
First, as for WSTI executives, Dan is basically it. A few other people from the WSTI team occasionally help him out like the guy that did the the demo for someone I knew in Long Island. But basically it is Dan doing what he can.
Second, do not get your hopes up too much. We have been down this road before and Dan has as well. At least with this newest incarnation of things it is people familiar with Dan's operations and who have had in person meetings at the factory etc. And thus there is familiarity. But sometimes people think they have access to money or plans and things happen.
As to what a deal might look like it is really hard to say, but initially I heard 40-45% of the company given up for the money. This is comparatively better than a much deeper dilution in a shell deal with all new people and us lucky to get anything more than 10%-20% etc. Deals can change, the market can collapse all kinds of things can happen but if the deal is in fact the money it seems to be it would be enough to finish the clean up and perhaps uplist and get a new stock rolling.
If solar/wind is still hot, if we can revive the blockchain angle which if Dan pulls it off I can certainly help with that and get some sales going we should be good.
Best rough guess is a shell deal might be lucky to get 1 to 3 ticks based on old value. This new deal maybe 10. But again this is just wild guesses so much more needs to be known .
Rough timeline could be end of month to mid next month in terms of starting funding.
If things fall apart ill fill you in if/when I find out.
A few different things in play but this bigger deal with the Aussie and Indian group has the most potential.
Rob is recovering and I gave him some stuff to look into to keep him busy LOL
Economy looks like it is going to head into the crapper next year from what I see on my end but who knows.
Yes me too , this is the type of deal we need.
The big plus is he has already been to the Indian facility and wants to upgrade tooling, he knows Dan and his people in person. Not just an outsider coming up to speed.
So that really helps.
I cannot tell you guys enough how it would be nice for something to work out after everyone's tough time here and in life in general at times.
Happy to be feeling mostly better and have a really good doctor now. Also spoke to Robert again last night he seems to be doing well but wont be too mobile for a long time. But he will get better , he is crazy tough LOL
Just a quick update -
The previous post I made was a bit dated,I just got to that email a bit late so it was about 3 weeks old news when I posted. I am going to call the guy I know on my end but it appears this can take some time to work through.
However , something newer and perhaps better is in the works with the people I mentioned a while back from Australia and India. Rough timing on that could be a month or two most to know if its a done deal. Would be enough to do what we need it to do. Just found out today those guys are back in the works with potential term sheets being revived. Should know more in 2-3 weeks.
This would involve enough money for Impact, fix WSTI and move forward , give up roughly 40% of company which is better than potential shell deal which we would lose 80-90% (again my best guess on that).
I had this weird feeling something would eventually come around. WSTI has been like this for years. Just going by Dan's voice when I spoke briefly to him he seemed more upbeat than in recent weeks.
I wish I had more to go on but Ill be able to spend a bit more time after next week since Oct 15 is the extension deadline for taxes.
Quick update -
There are numerous things in the works to which I do not know details or status but there is an update on one of them.
You might recall a while back I introduced Dan to someone from the NYC, Long Island area that actually met with Dan's guy on long Island I believe for a demo. He works with funding and foundations and other stuff and is a great guy.
A few months ago he asked Dan to send his info and fill out an extensive cash outlay plan spreadsheet and I just received a CC on an email that Impact was approved for funding. Not sure what it means yet but ill find out more maybe Monday when I can reach a few people.
Also I was asked by Dan to get back in touch with the Water/Solar people which I am working on through my client for the other shell deal possibility.
That is all I have for now but ill find out more. It will be nice if all this hard work pays off from some people . This Mike guy involved with the foundations is like the nicest guy in the world and saw the tech demo personally and I think that really helped.
Heard from RSH today (Robert) from this board..
He was mountain biking in the woods Sept 3rd and had a bad fall. Broke his femur and could not move. He was in the woods in a remote area with shorts and a tshirt on for over 3 days until someone found him with a rescue team and was close to dying having run out of water. When I talked to him he sounded ok and I think is with his daughter as he cannot walk (For now I hope).
Just wishing him well and hope is more careful in the future and of course lets someone know when he is going somewhere and should be back. That is awful.
Nothing from Dan yet, but in the past this has meant something was keeping him busy but ill try again soon.
Hope everyone is doing ok. Live life every day if you can! Something I learned with my heart problem !
Well at least I remembered correctly :)
No word from Dan but that could be good who knows. If I hear anything ill pass it along.
Ill post back if/when the darn pot stock opens.
Just in case anyone was curious ill post the old Instagram page of the hi-tech fashion bags, they had a great photographer. And now the Instagram page of one of the pot lines the reverse merged company has.
Old company - Mezzi tech handbags
New company- one of their product lines
Jeeters
Very true!
Here is the deal on this one. It use to be a tech handbag company named Mezzi. Some really good stuff, awesome promo and models (including the actress from suits etc). It had a nice run, then was dumped (like lots of things). Then it fell incredibly low and oddly I made a good decision to load up 10x (still not a lot of money) and it bounced 3x over that load up so I sold half my stock.
I kept half hoping for the best (like here of course) and then it went into this dark halt for over a year. I got most of my money out overall with the half I sold, so this is sorta not much on the line.
But ... In reading all the documents I cannot for the life of me figure out how this will turn out. There is a 1 for 5 reverse. Then there is a double merger. Dilution is roughly 80% overall. But market cap was nothing and uplist to CSE. So even though market cap should be pretty good based on sales, established products etc... there will be that "washed out" thing you mentioned. Most likely a break-even. Could be 3-4x where it left off.
Canadian venture exchange is crazy. Stocks get halted for a year , almost 2 years. This all just started as rules went into effect to stop everyone from saying they were a blockchain or pot company just to flip stock.
Another stock long halted was BILZ <--ticker. Bilzerians Ignite Intl pot stock. That one turned out pretty good for shell holders (similar position that I am in) but not so good for the people that plunked money in for private placements after the halt thinking it would be a huge home run.
Bottom line, even having the stock trade and get out even is a win! LOL
WSTI - Saw Dan's post on the telegram have not heard from him but I know he is working on the shell deal I mentioned before.
Something is better than nothing but he has had a lot of things in the works for a long time most of which did not work out but sometimes things come back around and happen
Hey Sam, I still pop in here to check from time to time.
I messaged Dan today but have not heard back yet to see if I can get an update on anything that was going on. As soon as I hear back ill pass along anything I get.
If I remember correctly you were the Vegas guy that helped break into the Pot market? (Hope I have this right)
Well in any case after being halted for over a year my other stock which use to be a lady's hi-tech handbag company somehow reverse merged into a pot stock called Dreamfields (dreamfields.com is the website). Should open back up on a higher exchange for trading in 3mos or so. Been halted for so long since their first deal did not work out but they have some cool products so maybe its worth something now who knows.
I think we will know whatever there is to know in the coming month or two. Chances are slim of course but if something happens it is better than nothing.
New 40 Coin Faucet
Asks for phone number but no text code was needed
New Faucet 40 coins
I know how you feel. I feel the same. For me , spending a lot of time while dealing with health issues and hoping this would provide a nice pop to ease a bit of the strain and allow me to pivot in my work some was a nice goal that unfortunately has passed me by.
The problem Dan has is similar to lots of companies his size. The financing is way up the food chain now. In the past you could easily raise 5-10 million in a night in a room with bunch of rich people and checkbooks. Now if you are smaller than 40-50 million it is nearly impossible to raise money.
I certainly do not want to downplay anyone's anger or comments here. I fully understand all that. On my end, im in the same boat plus spent a lot of time while not feeling well. So it is sorta a double downer.
But for the time being while we are still in the game Ill keep updating as best I Can since the price is zero and no one can trade out or in I feel pretty comfortable mentioning what is up as it does not really affect anyone's decisions
1- The blockchain idea got to discussions but turned out not to move forward. However they did leave a door open for part of what Dan is doing if he moves forward in terms of strictly the energy on the blockchain bit.
2-The potential moving both businesses into a new public shell deal is still on the table and moving forward, and it is possible the Water/solar company could be a part of that as it goes a bit further. This looks like the most promising possibility so far. As mentioned before it would most likely be a lot of dilution for us but anything is better than nothing as we were already at only a 500k valuation.
3- There are two other groups possibly interested. One is in negotiations, another is a contingent on some other stuff happening.
Overall other than my hopes for the blockchain money not much has changed since the last time and a few things have moved forward a bit.
Back in 2015, when this was .0001, and for a few years of talking afterwards we all through we would never get anywhere. Yet we did eventually move and it sprung back to life. Obviously in hindsight selling at the highs near .0028 would have been the best move, but this sorta lives on because of all the things we saw in it over the years.
Chances are slim but probably no slimmer than they were back in 2015.
In a new shell deal, the new company would get Impactppa, then acquire WSTI assets hopefully some stock swap for shareholders as planned. IT is almost impossible to see what that would mean but assuming massive dilution and some success on launch it could mean 5-10 ticks maybe. Really depends on structure and how much money is raised. If it works out and goes up possibly more.
Good luck to everyone!
NEW 30 Coiner!!!
Seems like no phone code needed.
New 30 coin faucet
Thanks to anyone that clicks my link :) Coins been scarce!! :)
Since the stock is not trading and no one can sell....
Basically the shares owned are private now and owned until either the company goes under or something happens. Chances are very slim.
However, one idea is in any deal (if one happens) WSTI shareholders would participate as part of a stock swap for a percentage of ownership in the new company or shell. The convertible debt people would really have no choice at this point as well with any offer.
Assuming new money came in the structuring would obviously be massively dilutive to WSTI shareholders but even such dilution is better than getting nothing.
It really is a shame because there are some interested parties but trying to make sense of something that once was operating then in stall mode with huge contracts and odd structure is almost impossible. Also most real money looks for bigger deals (50 million plus) with operating companies/sales etc.
The blockchain people are the best use case as both parties benefit greatly and the rich guy involved could build out the Caribbean on top of making money investing in the new company. Other people with financing and wanting to do deals in Africa are also in the loop. In addition to the blockchain people, I set Dan up with a foundation through one of my original contacts made when trying to hook up the Water/solar company.
Ideally if I had the money or could direct other peoples money this is what i would do.
1- Combine all assets of Impact and WSTI. Impact and WSTI investors get stock swap for share of new company.
2- New Money takes the bulk of the ownership of the new company with its own board/team
3- Dan stays in charge of sales with a contract and ownership and also incentives to land the business
4-The people interested in financing come in to finance some of the first deals (one party might be interested in 3 million plus in financing of business)
5-The newly formed company has 10-15 million of money, financing to get jobs started and uses 1.5 million or so to buy the Water/Solar company
6- Issue a reg D follow up to raise some more money with units to reach some other people now that things were taking shape
Combined the two companies once had a market cap of close to 1 billion dollars. It would seem to me with the right team, both together, good financing we could at least get a min of a 50-60 million market cap. If WSTI peeps were diluted to 10% 5-6 million = about 10x what the .0001 price represented.
If I won the powerball, I would write the check and get those parties involved but unfortunately I have not bought tickets yet LOL
Since things will be pretty dead unless something happens I wanted to post this to remind people of what could happen seeing that we cannot sell any remaining stock.
Dan's microgrids and blockchain payment system for energy (not all areas but for a good chunk of some business) would be the best enterprise level use of blockchain for Bitcoin SV and really of most blockchains.
In any case I didnt give up on Dan I made the conf call and kept trying and if I win powerball ill let ya know!
Hey Mark, not sure if you were Mark H on telegram (I Think so). I responded to you when you posted, but realized later in the day it was not a personal /private message and was on the ImpactPPA board. Just so you know I deleted my own post there , but it was up for a few hours I think.
Well it is not funny at all for sure. I personally pushed that the Form 15 be filed to keep the ticker open. Now things are presumably more difficult. The form 15 costs like 300-600 was going to pay for it myself if i had to.
Lord knows its been a shitty situation. From dead to alive with potential to dead. Tons of time spent. Sucks no matter how you slice it.
One thing I did not know is other than the shares being private what the process would be from here forward if there was a chance of things happening.
Well technically you still own shares but they are essentially private until /unless the stock gets re-organized and relisted. You can view the UOIP board or research google for more info. In all likelihood though the chances of comeback are minimal after these things.
If delisted, I think you can write off on your taxes as unable to sell (worthless), and in the very unlikely chance it turns into something pay tax on the gains if it rebirths.
I tried to post last night but got an error message. Those .000001 or whatever trades have happened every once in a while since I have been in this stock. If you or anyone is looking to sell at .0001 and you put GTC on it you can still probably sell some shares there.
Usually these trades happen on low amounts of stock and are just market orders to liquidate to take a tax loss.
That said, like UOIP we are at the risk of being delisted at any time . They got suspended before we did by a few weeks to a month. Delisted means there is no more trading of stock, even at .0001.