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Agreed. And Sharp being a hard ass doesn’t seem to be doing anyone any favors. Even if Calasse got his full 50 million, 150 million post split. With him agreeing to cancel his preferred shares it wouldn’t give him control of the company. He’d have less than 10% of the authorized shares, not even enough to have to report his sales.
I know 150 million is a lot, but the OS going from 534 million to 684 million wouldn’t exactly ruin the stock.
A Calasse win would do some real damage tho, I would think, with those preferred shares still being in his hands.
Unless I’m wrong here, and I’m missing something? I’m just throwing thoughts out there.
Ha, thanks, I appreciate it. Hope the rest of your work day passes quickly!
I mean, maybe? It’s just that if I was the lawyer and I had the stock certificates I think I would use them in my argument in front of the judge. He didn’t say anything about these at any time. It seems to me that if they’re such a slam dunk, wouldn’t the lawyer have used them to support his case?
Ha, I know the feeling, and appreciate the insight. Just trying to figure out what the future holds for us here!
I just don’t understand why he wouldn’t take the settlement deal here than. If he wins, WNFT’s value is going to drop back down to zero and he’ll have nothing. If he settled he’d be sitting on 30 million shares right now, and, presumably, enjoying the fruits of the reverse merger.
Is there any reason Calasse’s lawyer wouldn’t bring this up in the first two court cases? I watched both, and this is the first I’m hearing any actual proof. Calasse’s lawyer spoke for a few minutes and his argument seemed to basically be “Calasse owns shares because he told us he owns shares.” Why would this be left out? Calasse had months to show these certificates to his lawyers and present them as proof.
I agree. Plenty of settlements out there that are not an admission of guilt.
I looked through the court documents again, and I think I’m missing something. I don’t see where it says that the TA confirmed. Can you point out where you found that info? Or at least which document it was in so I can find it myself?
Where did you see that the TA confirmed Calasse had shares? I’d love to read it straight from the source.
Right. This is pretty new territory for me, trying to understand all the angles.
I see. I hadn’t seen that bit of information. Would he have to prove that he still has them and hasn’t sold any in the last 10 years or so tho?
If he has evidence he actually bought the shares, wouldn’t he also need evidence that he kept them? Or something saying that he still holds them somewhere?
If he pumped it years ago with the mining operation story is it likely that he dumped them along with all of the other insiders in typical “pump and dump” fashion?
Most of us here should be ready to hold until 2023. Unless there’s some surprise reveal I think that’s a foregone conclusion.
But considering many of us have been here since 2020 (or earlier) another six months isn’t really a big deal.
I managed to grab a couple .06’s. Only 10k, but I’m pretty happy with it!
Yeah, I’m with you there. Calasse’s motivations seem completely alien to me. I read through his filings and I just don’t see anything that supports him getting his shares back.
Why not take the deal? I can’t wrap my head around it.
That being said, while I don’t have every share I’ve ever had, I do have quite a lot. I’m holding as long as I have to. After all, what’s six more months to making a couple million dollars?
I have quite lot of shares, and I’m rather angry. But I don’t have to like George Sharp to make money off his plays.
This hasn’t gone the way I thought it would, however, and watching the price drop from .25 to .06 is a reasonable cause to be angry.
I don’t blame George, but I find the “promised land” tweet to be misleading, and I don’t see any way to twist the words around otherwise. There is nothing good about where we are now.
Honestly, that tweet makes me angry. And his saying that is wasn’t misleading garter a 75% drop makes me angrier.
I’m holding, but I’m not really thrilled with how things are going.
It’s hard to remain optimistic at this share price.
I owned GOFF under David Lazar. When GS took over it went up to .10 or so, maybe .12. That’s pretty-split, of course.
I agree, actually. Not sure if I came off the wrong way. If it takes until next year, it is what it is. I’ve held them for years already, what’s another few months?
But I’d still love to hear some good news on Thursday, even tho I’m not expecting it!
Unfortunately, I have to agree. I would love to see this thing wrapped up on Thursday, but I have my doubts.
I don’t want to the share price rise on hopium and then crash when nothing happens.
I’m preparing myself for the long haul here.
I agree. I don’t know nearly enough about the law to be able to make any statements of fact.
The filing looks good for us, but I’m certainly not immune to confirmation bias, it is easy to see what I want to see.
I’m like you, I’m still in. The risk/reward is good. But assuming that this will all be over in august is too optimistic. I would love it if it was, but we have to ready for a long road, just in case.
When you read through the filings did you see anything you thought might support Calasse’s case?
It didn’t look strong to me, but I definitely could have missed something.
Or there could be some other factor I know nothing about.
Oh I see. Thank you for the info, and thanks for your patience!
It’s amazing I can be at this for years and there’s still something new that I need to learn and understand.
Anyone know why the settlement claim would be overdue? Was due July 5th, website says.
Was it ever? Who knows. I try not to put much stock into the speculation. Every penny stock I’ve ever been in has had people saying “this is the one going to dollars.” Very few do.
I don’t know who was supposed to merge in. I don’t know if that company will move on because of what’s happening now. But even if they do, there will be some other company looking to merge in. There always is.
The setback hurts, I got crushed Friday. And am still taking hits here.
But hopefully it works out in the end. Even if it’s only a $250mil company or something. I’ll be happy with whatever I get.
Yup, this one looks pretty good!
Thanks, I appreciate a little positivity after the week I just had!
Very nice. 35k here. Hoping to make back some of what I gave back to WNFT last week!
Added 5000 on that little dip myself. Couldn’t help it!
Oh I see. Just seems like you were presenting 2 cents as more of a fact.
Where did you get the info that there would be equity financing at 2 cents?
GOFF is WNFT now. It was doing well until news of a merger delay sent the stock tumbling on Friday.
There’s a settlement hearing on August 11, and, if necessary, a court date scheduled for November.
I think about this sort of thing a lot. I know a lot of people expected it to be WAX. I don’t know either way what the merger was or is going to be.
But even if it was WAX and they pull out, are they the last possible merger company on the market?
No. If it goes into November or even next year, there will be new companies looking to merge. I don’t know why people are talking like the timeline is absolute with regards to failure.
There are always new opportunities in the market.
I don’t know. What’s left after the Supreme Court? Hopefully this is the end of it.
I’m in the same boat as you, trying to figure things out as we go. We have to at least admit that this could go to trial and that that could take some time. I don’t know if the November date would even be the end of it, honestly.
But if it’s a quick case before the judge, like the previous two have been, than I see no reason why this would go on into the new year.
And at the end of the day, waiting until November isn’t the end of the world.
The day to day price action doesn’t really matter. Friday stung, a lot. I was down an absolutely disgusting amount of money. But in the end, George either gets it done or he doesn’t. What happens to lady or tomorrow or next week isn’t meaningless when it comes to the end game.
I’m holding, because I hope George pulls this off. If he does we win, if he doesn’t we lose. Everything between now and then is just noise.
It does seem strange to turn that offer down. Especially since he only did two months of work. I would have jumped all over that!
Yeah, feels like an eternity. But it’ll pass. I’ve always been patient with the OTC and it’s worked very well for me.
I’d be lying if I said I didn’t take some profits on the way up, but I still had a very large position get decimated on Friday.
I’m not selling down here, either. I’ll wait for the recovery. Even if it takes a year, it’s not money I need. I can wait.
I just don’t want to!
Yeah, I’ve been around a while too. I was worried about Calasse too. But I don’t n is that much about that sort of legal proceeding, and when the split went through I thought “maybe it doesn’t matter.”
I read the filings, and as a layman, there doesn’t seem to be much to support Calasse winning the case. But again, I don’t really know.
I’m just tired of the delays. You know as well as anyone how tiring it is to watch every day for over two years waiting for the payoff.
I’m more disappointed than anything, that there’s potentially still months of fear and doubt ahead of us.
Took a position here Friday amidst the blood.
I’ve been in suspended stocks before. I make how badly it hurts. I just don’t see medizone and WNFT as having the same problem.
Not that I know what’s going to happen, I don’t, at all. I’m just a shareholder trying my best.