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Cole...
"well meaning folks that couldn't get the job done", but the job still has not been done. All these years and the company or shell is still breathing. There has to be some type of explanation for its longevity. Naivety was indeed MY shortcoming while pursuing this venture. Be that as it may, my last question is, what keeps this entity going?
So, here I am... 12 years later (personal diatribe):
Looking back to the time when I discovered this investment opportunity;a company chaired by this world-power foreign ambassador and run by a visionary ceo. A ground-floor opportunity to establish a position in the company that was was going to change the telecommunications industry as we knew (still know) it. My play in this company was going to pay my 7 yr. old daughter's college education [sophomore today], with change to spare. The potential went all the way to the "stratosphere". Years passed. Chairmen changed, but scaled prototypes and demonstrations were arranged for the investors, along with annual stockholders meeting. The chief designer of the smiling whale (miss Vern's participation here) was removed and the whale was replaced with a serpent, designed by a scientist from Stuttgart, Germany. Oh, I missed a very important facet/opportunity, the ride to the upper atmosphere when the stock price rose from pennies to dollars..... and back to pennies again. The CEO is later replaced by other high profile CEOs from the business/financial/military complexes; the company's name changed multiple times; directors' changes have modeled a busy roulette wheel. We moved to the Cape Canaveral complex and finally got tangible agreements with U.S. Gov't agencies to keep us dreaming. There have been conspiracy theories associated with this company; and now I'm beginning to subscribe to that possibility or tie-in to black-ops (I know, I know... this argument was hammered years ago). I consider the change in personnel, the SEC judgement, the CEO criminal conviction/sentencing, etc. should have been enough to permanently close the doors of this company... it lives. So, the last conclusion for me is that this World Surveillance Group Incorporated is a front for some off-the-books entity and is kept alive for that purpose. I guess the "GTAL" no longer applies. Merry Christmas / Happy New Year / Happy Holidays to all of the "Stratospherians" that are out there.
Why is the CALVF stock price kept in such a continuously depressed state? I have been holding shares since 2003 (12 years) and have NEVER seen green since purchasing my first share. Anyone? Replies requested.
I didn't get off; but stayed on the train after a stop, long long ago. I guess one might call me a stow-away, as I did not purchase tickets during the many other trips (continued averaging down) to arrive at this present destination. Should the pps return to an even level for me, I will heartily congratulate you guys who did continue to average down and rode out the past storm to green returns. And may the gltu all continue.
The undervaluation of the value of this company falls on the CEO of the company. Given the present status of XSNX, if you were interested, would you pay more than $8.5M (which reflects the present market value) for XSunX? I personally do not think it has the equity to support such an amount. With 579,256,469 shares outstanding along with the other 1.4B authorized (2B), what pps would you consider the stock cost to be fair or reasonable?
Bunnie3d, my first purchase came in May '06 @ $1.69. I started averaging down until the sp fell below a dollar; hoping the downward trend would reverse. I'm 99% sure that I will not... EVER, recover my investment. Best wishes for the rest of you though.
SolarGuy, your mention of outstanding shares raises a serious red flag for any potential future investor/s here. My question for Tom would be: Why did "he" raise the authorized share count to 2B last June? What is his motive/reasoning to nearly triple the present count(579,256,469)? Given the present number of shares that are out there, it is highly doubtful that the stock price will reach .10 in trading, imho. GLTA though.
My position is down 94.78%. I have difficulty finding any modicum of optimism here, particularly after the bk announcement. Good luck though.
Should a p&d occur, it might provide an opportunity for you to bail out (dump), ahead; But I doubt it. We'll see.
Thanks Renee... just to think that we were going places a few years ago when the sp held strong at 0.09. I was confident that the investors here were destined to move up to the next level. Lesson learned here in the land of Pinks and OTB.
...paper cuts!
The final verdict on Hanna's handling of LYJN is in the hands of the court. I entered this speculative play in 2006, realizing the volatility of the Pink Sheet environment. I am hoping that Hanna will be exonerated of the charges that she's facing, but bring to reality the promise to become a full reporting company. Should Hanna be found guilty, she must indeed suffer the consequences of her actions. I am still hoping that I was able to get in on the ground floor of a successful apparel company. To us longs who have been here for most of the duration (99, L_R, MAC, and others) good luck; and those newer longs best wishes.
What is it about the company that was so promising, that former COB Michael Clark put his home up as collateral to keep WSGI afloat???
Whew ... 600K! Good thing you didn't get in back when I did!
tbone1360, I'm in agreement with inasmuch the "company" being a joke; but your cut and partial paste of my post gives the impression that I am pumping this stock. Why did you cut the prelude of my post? My statement is Not a joke. If I ever see green again, the pps will be trading above 0.50.
Best wishes to you Tim. I started off small as well; but got caught up in the XSNX hype, averaged down (somewhat) expecting this jewel (NOT!) to turn around.
If I ever see green in this play, you guys will become millionaires, or have millions added to your status.
I guess I was wrong ... I expected the "P&D" campaign to last 'til today, but it didn't, and mrbizzard was late and missed his opportunity to join in the exploits of the P&D action. Fwiw, they didn't make a very much money, looking at the overall volume of trades. Who knows? Maybe they actually bought shares of this company and will be holding for a while. Perhaps Tom does have a trick up his sleeve to bring this company around. I doubt it though, in both instances.
I expect this Pump Campaign to last 'til Friday. A volume of 1,773,640 does not amount to commendable gains at the given pps. I'm guessing they will tout todays volume, tomorrow, as a start of higher volume and buying spree to come; spread their "Don't Miss This Opportunity" online newsletters, and bail on Friday. We shall see.
I doubt very seriously that a RS will occur any time soon, since 2B shares are authorized with under 1B outstanding. I suspect that a number of daytraders have started a pumping campaign with this stock. Of all their fanfare and positive posts, I still haven't seen a single entry that acknowledges or confirms any sales to clients or installations that the company said to have come to pass. I'm still waiting to become a believer, again.
guay, you should follow this one closely. If you came in at or below 0.01 you should prepare to bail by the end of the day or maybe early tomorrow; but follow closely. Just be wary, in case these price movements amount to a P&D. For all our (Longs) sakes, I hope that I am wrong. All imho.
SolarGuy, it looks like a P&D is commencing/building. This might create an opportunity for an out for you. Should the pps get up to where I can exit, it might be a real sign of legitimacy for the company; but I still have my doubts.
This has been a speculative play for me all along. However, when the main player leads investors on, painting productive developments and sales, to believe they're going to be rewarded for their investment, that makes him no better than any other scammer; as there are so many (if not the majority) associated with OTC/Pinks plays. I initially started with a small purchase then raised the ante when the announcement of the Oregon production facility came, then waited to see how the company would fare. That's when I decided to hold because the pps continued its downward trend. Regular investor newsletters followed which kept my hopes up to where I figured the tide would eventually change. HA! Look where we are now! There's no chance for a recovery on my part, but I am compelled to continue to follow this one. Regards.
SolarGuy, given that Tom made the sales announcements in 2013, one would think that those (alleged) successes would have been shared earlier this year. Most legitimate corporations release a yearly Annual Report. What is there to hide? Oh... the truth!
Tim, your minimal play approach here should serve as an example to others playing penny-stocks and Pinks, regardless of the anticipated potential. Good luck to you and to the longs who remain.
Exactly, SolarGuy... Verifiable! Every statement that Tom has made regarding associates / sales / status, have all been un-verifiable; and you're correct, Tom DID indeed mention sales in So. CA.
Hear, hear... Captmoon. I wish that iHub would add a thumb's-up/down or a like feature.
There is no way of knowing what the share count/float is today since the company has not filed since Sept. 2011; which is the time period given for the share counts that I posted.
Gary, imho, those trades that were made last spring at the level they were traded was an anomaly, imho. Some stock owners did good to sell when they did. The numbers that were traded shouldn't have been enough to bring the pps to the level that was experienced. Some investors in their haste to take advantage of the (private corporation) Lithium Technologies, Inc. run did not pay close enough attention to whom they were buying from and instead purchased Lithium Technology Corp. Did this happen to you? As far as the share structure goes, as of Sept. 2011: the Outstanding count was 2.03B and the float was 698.22M. Who knows what that count is today? Again, some lucky individual/s was able to unload and perhaps get out of this disaster of a so-called investment. GLTU. I hope we all fare better in the near future.
Garyst, please elaborate on your statement: "rather low share structure here" . TIA.
Since Feb huh? Try May '06. I've seen this stock go as high as 0.14 then held its pps for nearly a year in the .09 range, after I bought @ .03 per share. Thinking that the products of LTHU was going to reach the marketplace and the stock make it to an upper-tier exchange, those hopes have been squandered by time and inaction. I'm keeping my eyes and ears open for a P&D opportunity and if I'm lucky I might get my original investment back. What are your thoughts of the future of LTHU? GLTU & TIA.
Hmm, I wonder why?
That's the problem, Will, with me anyway. I thought (was hoping) that it was the next generation GE, you know, just hatching from the shell. Catch this next energy big player in its infancy. Power-Glass anyone? Hi-rises, homes, industrial/commercial complexes, etc.... The answer to our energy woes! Yeah right; only "Woe is ME"! To keep it positive, I am still hoping for a crow dinner.
iamnottheone, point taken. I am guilty of the aged post, but it was to reflect on the history of the company and give attention to the M-O of Tom Djokovich. May I ask, what is your take of a company which issue releases of sales/contracts but will not share information with its investors; neither through personal queries, a SHM, or newsletter? There are no 3rd party reviews of any kind giving attention to the company's product/s that might be offered to the marketplace; nor opinions from alleged customers. I entered this play many years ago (above 1.00), started averaging down, but stopped when the pps kept going down; figuring I'll resume investing after it starts to move up again... all to no avail. So, I am not bashing the stock nor do I have an agenda other than to see an eventual positive return which is highly doubtful' most likely improbable for me, at this point. Therefore i am prepared to be proven wrong for my dismal/cynical attitude towards XSNX and eat crow with a few others here. In the meantime, good luck to you with this one if you decided to re-enter. Here's hoping that the release is not fluff.
Q
Gotcha. You should be safe, trading. But beware of the self-promotional rhetoric offered by Tom D.... Perhaps that news flash might be enough to move the pps a penny or so, for a quick flip should you decide to re-enter this one. Thanks again.
iam' will you please share your sentiment on the company, XSNX .... TIA.
Thanks, Will37. Your post prompted me to do a retro search for info about the unfulfilled OR deal. It wasn't that the State reneged, their DD determined that the venture was too risky.
“The department conducted due diligence and found the company failed to show it met the requirements of House Bill 3619,” he said. “It recommended we not approve” the credits, “and we concurred with the findings” based on financial viability and prospects for long-term success.
http://solaroregon.org/news-archive/state-denies-xsunx-request
The State Reps were responsible in looking out for their tax payers, that they didn't get stuck with a raw deal; wise, prudent and responsible decision makers, imho. So here we (XSNX) are 5 years later and still no tangible product that can be confirmed. Fwiw, I do admire you steadfast positive conviction for the company and I hope that it pays off. I don't expect to ever personally recover from this specific play. Be that as it may, GLTALs.
Yeauh... what SolarGuy said! One item that wasn't mentioned was the supposed manufacturing facility in Oregon.
Oops! I've noticed that he got it in earlier this morning; no releases from Crowfund Television yet.
This isn't like Tom. He's late with his MoneyTV hype campaign!