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Shorts are in trouble!!
Likely covering today!!
http://www.otcmarkets.com/stock/SNGX/short-sales
GLTA
ID
Or is the float 600 million plus??
As per Insane link???
Hard to know until end of month
GLTA
ID
Ok WHAT IS the actual number of shares outstanding from Q3???
It is a disaster!!
On this link we have Sept 30, 2013 O/S on first page
The company
has 3,262,470,000 common shares outstanding; of which 261,230,529 is free trading.
Common
stock:
4,900,000,000
shares
authorized,
$0.00001
par
value
4,012,470,000
shares
issued
and
outstanding
Balance
as
of
Sept
30,
2013
3,612,470,000
So why does the Feb 7 O/S says float 1 billion then?? Did it get reinstated the 400,000,000 shares???
ID
That needs to be a File to SEC and a PR to shareholders if it is employee shares given out!!
So likely not!!
ID
I think I will wait for the Financials may be late but this dilution makes NO sense if all this income is being generated!!
Thank you for your responses though!!
GLTU
AND ALL
ID
I can not find it!! So please copy and paste or show me the link to the note!!
ID
They make $500,000.00 in Q3 and had only $300,000.00 debt left!!
Why even give the debtor shares?? just pay them off again in Q4!!
And we needed 750 million shares for this debt conversion??
With some saying $1 million made in Q4????
Makes no sense!!
GLTA
ID
So why the dilution if company making money from governments and multi Billion dollar companies??
ID
Here is Sept!! 750 million share float increase!!
COMPANY INFORMATION AND UPDATED
DISCLOSURE STATEMENT September
30, 2013
securities outstanding:
The company has 5,000,000,000 shares authorized with .00001 par value. The company
has 3,262,470,000 common shares outstanding; of which 261,230,529 is free trading.
1. Preferred A
-
1 Stock 100,000,000 shares autho
rized, at .00001
par value and
one
issued and out standing
Shares Outstanding: 3,086,321,486 a/o Feb 07, 2014
Float: 1,032,648,198 a/o Feb 07, 2014
Show me the note for 750 million shares then!!
TIA
ID
I did with link O/S at Sept 30,2013 Float was 261 million it is now over 1 Billion!!
I think you need to do some more DD!!
ID
So how did the float go up?? If no dilution??
GLTA
ID
I do not get paid!! I Make more money on the markets!!
GLTA
ID
If Q3 was making $500,000.00 with little expenses!
Why would the CEO dilute the float from 260 million shares to now over 1 billion shares??
If he was making another $500,000.00 or more in Q4??
The debt would be paid and a profit would be made!!
750 million shares over 5 months is NOT showing what is shown in the Q3!!
GLTA
ID
Doing my own DD and it is not looking good!!
The concept is good the company is awful!!
GLTA
ID
Is this a joke?? Quarterly report Sept 2013???
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=113012
http://ih.advfn.com/p.php?pid=nmona&article=60006174
There are no income statements and no expenses shown!!!!
How the heck is one to know what is coming in and what is going out???
An audit would take years!!!
GLTA
ID
So then why the HUGE dilution then???
ID
Man in 2 months diluted another 400 million shares! YIKES!!!
Shares Outstanding: 3,086,321,486 a/o Feb 07, 2014
Float: 1,032,648,198 a/o Feb 07, 2014
This is not looking good again?? Why so much dilution with all this income coming in???
Multi Billion dollar companies using this tech and can not even break even???
GLTA
ID
So is now higher???
A) As of December 1, 2013, there are 3,612,470,000 shares issued and about 609,000,000 in the public float.
Less 1 billion! now.
So is float at 1 billion or less??
GLTA
ID
So what is the share structure here??
So far I see CEO have a little over 2 billion shares now and float is about 260 million???
Is that correct
Principal Stockholders Name
Number of Shares Owned
Percentage
Edward R. Starrs
4140 Borders Dr
3,000,956,970
90%
COMPANY INFORMATION AND UPDATED
DISCLOSURE STATEMENT September
30, 2013
securities outstanding:
The company has 5,000,000,000 shares authorized with .00001 par value. The company
has 3,262,470,000 common shares outstanding; of which 261,230,529 is free trading.
1. Preferred A
-
1 Stock 100,000,000 shares autho
rized, at .00001
par value and
one
issued and out standing
That could be!!
TIA
ID
I do it on my computer! Direct deposit like my son's!
Must be linked I guess
I can use money that afternoon if I want!!
GLTA
ID
That is not true I can send on Monday morning at 10:00 AM and they get it at 1:00PM same day!!
Just like my son!!
ID
Well thanks everyone!! I am in!! Buying 1 million shares over the next few days!!
Good for a long term investment!!
GLTA
ID
That is true I would not!!
I think I am getting the picture now!!
Thanks!!
ID
That could be! I'll have to ask!!
ID
Changed it meant next day!
TIA
ID
Yes he can!!
We have to different accounts I can send him money and he can send back to me as well!!
I cannot see what he has in his account and he cannot see mine!!
And it is a matter of seconds for deposit!!
He may phone me at 1:00 PM and I can send him cash 1 minute later!
ID
If I get paid on Thursday my money is in my account on Thursday after midnight!! Or Friday AM.
It does not take 2 business days!!
ID
So set up a direct deposit with IRS from your account with bank!!
Just like paying any credit card online!!!
No check required!!
ID
Again not trying to bash but Sorry i meant direct deposit by my employer say on one day and I get it next day even after midnight!
So no not same day!!
But with my family I go from my account and direct deposit into say my son's in seconds!!! Via my account!!
ID
I do not belong to facebook and never will!! Maybe someone can ask him that question!
TIA
ID
Why not your employer do direct deposit to your bank??
I get mine same day it is direct deposited??
No check is sent to me!
Also I can wire to my family with direct deposit to any of them as they are in my direct deposit line! and are done in seconds?? Why even send them a check??
ID
So again please comment on this. TIA
So Please explain to me what MyEcheck is doing?? I get a check in mail to me how do I deposit in my account?? Say for $10,250.00 in minutes without going to bank??
TIA
Just trying to figure this out??
ID
I would love to be able to transfer funds SAME DAY from my bank account to my brokerage
So Please explain to me what MyEcheck is doing?? I get a check in mail to me how do I deposit in my account?? Say for $10,250.00 in minutes without going to bank??
TIA
Just trying to figure this out??
ID
What is one day?? In all this sense??
GLTA
ID
No all banks are doing this right now from an app!! Who owns the rights to the app??
All banks are paying someone for this!!
So if MYEC does not own app then a law suit will be filed!!
And then COSTLY!!! to win in court and years!!
Why would I need a cheque?? Photo my cheque and send by email and done???
Better than making one!!
ID