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Their outstanding is way over a billion now. They have been dumping shares like crazy. When they are done dumping those they will get some more.
I owned it at one point in time. Then after more DD I seen what kind of garbage they are running. They are in business to sell shares. But if you want to keep paying their paycheck then by all means feel free. I post on Twitter also because they have screwed a lot of people over. They use all there latest and greatest news to sell shares.
When they run out of shares they will just get more. They will dilute to death. Then come another RS. May not be this year like they said but they will get more shares issued and get outstanding to 5-10 billion then RS again. This company can't make money so they will be happy to steal yours.
I wouldn't touch that company with 100' pole. It's total garbage. $.0000001 is too much for this company. But invest away if you feel like paying someone else's paycheck. They will gladly except your money.
This stock is garbage. They are only in business to sell shares. They can't make any real money so they have to steal share holders. This company is the scum of stocks. You can't get much closer to the bottom of the barrel.
Yeah they still have about 800 million left to let go. They won't be shy to do it either. The way they have been selling them lately proves the company has no value. They are admitting it by selling shares at next to nothing. The CEO and COO belong in jail.
Yeah they still have about 800 million left to let go. They won't be shy to do it either. The way they have been selling them lately proves the company has no value. They are admitting it by selling shares at next to nothing. The CEO and COO belong in jail.
I know there are plenty more stocks out there that are like this one. Don't get caught up in their hoax. The company is a dead beat. The CEO is a lost cause. How he's gotten away with it this long is beyond me. Ralph Joseph Rhiel is a loser that belongs in jail. He should have to pay back all the people he has screwed over in the last 7 years. He has been dumping shares and RS since 2009. Investors should have known to sold but I heard of so many that lost tons of money. This has gone from $$$ to sub pennies a few times on reverse splits. Don't be the next one to get caught in the wheel that's stuck in reverse.
They have plenty more to go. The company will be priced all in when they get done selling off shares. That's all it will be worth is $.0001 or less with 2 billion shares on issue and losing money like crazy.
I want nothing to do with that POS. They are all crooks just in the business to sell shares. The will dilute until it's worth nothing. I bought some before and after more DD got the heck out and have tried to warn people that they will screw anyone over they can. They have a long history of it. If you don't believe me check it out for yourself. They have over 100 billion shares before all the reverse splits.
The company won't let it move. As soon as there is action they dump more shares. They aren't even trying to get a decent price for the shares. If they would have let up on dumping the price probably would have went to .001$ but they are relentlessly dumping shares at any cost. Something is majorly wrong here.
It's just going to keep getting higher. They will try to dump all the shares they have!
We need to get together and see what we can do to make sure they are delisted. Hopefully fined and taken to jail.
They have gotten away with this for too long. They need to be stopped.
Stay away from this garbage company. They are all crooks and need to be fined and go to jail. They blast out watered shares for almost free just so they can get paid. They need to be reported. This company has done this too many times to investors. They have no respect for anything or anyone. STAY AWAY!!
That's all they are willing to pay is 1. It's a turd. Nobody wants to mess with it because the company is a bunch of lying idiots. They have no care for shareholders what so ever.
That PR will only cause more dilution. The company is a joke. They need to delist this.
This has no potential. The company is garbage. They keep diluting every time news is issued. The float has been diluted over 500% in 60 days. Stay away from this garbage they are going no where. They have screwed share holders several times. You will lose your money!!!!!
Yeah not until they get done with mass dilution and need to RS so they can get more shares. MRNJ has over 100 billion shares on issue without all the RS. So it's just a matter of time before they do it again. The company can't make money so they will be happy to steal any investors in the company money. After I did some digging they have offered shares to about anybody that would take them. Including banks and other people they owed money to. They have burned all bridges to get money so they turn to the market to make their paycheck.
Yeah the pump and dump no longer works on this POS. They have burned too many people. This stock is meant for the dump. The company couldn't be more poorly ran. The CEO is a joke. If they were making money there would be no need to constantly dump shares for next to nothing. Hiring that equity company was just another waste of 100 million shares.
They have done many major RS. They will dump stock at any price
The company is a complete joke. Hope everyone makes it ok. I guess there will have to be a bag holder some where down the line. Don't let it be you.
Yeah. They still have about 800,000,000 to go. Not sure what the new issued is. They have released them so fast it's hard to keep up. If they thought the company had any value they would have just sold a few and waited for SP to come up. With all the volume they could have gotten $.001 or better for them instead of selling them at $.0001-3. They could have sold a quarter of the shares for 4-5 times the money. Goes to show they have no sense.
I wouldn't try to push this on anybody
Yeah wish there was away to sell them all their worthless shares back. Hate to anybody get stuck holding this bag. It's a total loser.
Awesome. Thanks Man!
Yeah they are dead in the water. This stock needs delisted. Ralph Joseph Rhiel is a reject. He has no business being a CEO. Doesn't say much for that Pacific Equity either. They are all a bunch of scum bags.
Don't get your hopes up. They have been losing money left and right and are obviously broke right now. That's the reason for them dumping shares so cheap. There is a reason they need to give weekly PR because nobody trusts them. They have burned too many bridges.
Yeah that's the company dumping more shares. They have off loaded 100's of million in the last month. They know the company is worthless so they take what they can get.
Yeah it's coming. That's when I picked up a lot of mine and found out what kind of garbage the company is. I couldn't get out fast enough. They have screwed share holders more times than you can count on both hands and feet. They need to be delisted.
Yeah I think so too. The company is garbage. They release shares at these depressed prices so that means they have no money and admit themselves that the company has no value. If they thought the company had value they would have waited until SP was higher to release. Ralph Rhiel couldn't teach kindergarten let alone run a company. Stay away from this garbage.
I have been wondering the same thing. No patience I guess.
I have been wondering the same thing. No patience I guess.
Yeah then dropped it to $.0003
The last few days has been amazing. Went from no volume to over 100 million a day! Looks like things are looking up for them. They have their selves in a good market as was as some good business relationships.
What Do you mean the I box? Did something come through?
I think so to. Still have good volume.
May still be coming. Heard something about MOMO maybe buying them out. MOMO is trying to get into the US market. Think that might be the reason for huge jump in volume.
Needs to be more interest at buying at higher prices
That contract has already been extended until next year. They have been getting closer at bringing this together. What they are trying to do doesn't happen overnight. They are building the second largest structure in the world and need to have everything in place to get that PPA. The crane they have to build that thing is ten times more than the market cap. I'm not trying to pump anything. My shares are not up for sale. If it all comes together it will be a perfect set up for dividend. It will be ran like a utility. If they can get this together and it does all they say it can do it would be a 10000 bagger.
Wish I knew what was going on with the reports. But company said news will be out soon. I don't have the house on this but seen it as being a viable option for electricity. If it gets built and does all they say it will do then there will be a huge market for these. When the plan was taken before the city the first time the only hang up was wanting to have a back up energy source. So in order to make all involved agree SWET will also install a natural gas fired generation plant. They are supposed to have a new meeting which may have already taken place. With approval to be built they will recieve the needed PPA as well as the loan for $1.5 billion. They also have already gotten land owner to extend terms of contract. To me everything looks like it's moving ahead. The cost/power production is very cheap compared to all other forms of power generation. By 80%. That would be a huge advantage. When the first one is built and proves generation their will be a line a mile long to get one of these. Especially with the ever increasing need for clean electricity.