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You only get commission if you know you can sell the shares!!! Duh!!
If you really believe that you should be selling out right now you would be getting twice what you say others would not pay!
Do you think someone is going to hand over 5 million just at an attempt at trying to get more revenue? These people would want to know something is in place iMO.
Just trying to get people to see you can’t always think negative. If so you should be happy with .0040 and walk way I would still technically have a profit depending on how you look at it and I’m not selling for that low. I most likely will not start selling till at least .03 and it won’t be a lot of shares I will sell.
To quote what he told me in a text when I asked who could participate, or if the shares were already spoken for he said “I have 4 firms jockeying for position for their clients” what does that tell you?
That is the first thing you said that I agree with!! That is true I do think however it was more the hype was ahead of where the company really was at. I think they still needed to get things in place and the stock price was reflecting that they were already ready to go, and they we not. I personally think they are close.
You do know they could already have contacts and not be able to fill them. Ever think that is what the 5 million is for? You can say what you want but for someone to turn over 5 million they want to see something in place!
Have you ever filed documents with the government or other agencies? If you file your taxes wrong and send a correction do you know how long it would take before they would update it?
How many companies in the otc are not dead broke? If they had tons of money and sales they would not be selling for Pennies or sub pennies! Why do you think this will go to pennies?? Sales and revenue!! Ie contacts!
I can tell you this! I will not end up broke. I will wait for my payday. I’m not taking 200k when I think I can get 3-10 million or more sorry. You can call me crazy, but I think this is the year for this stock!
You don’t know ANY of the details so your claims are invalid! You really should step away! You think things are done in lighting speed?
This is the real truth, but you can’t handle it one of two things will happen here
1. Your right and this goes to .0001 or no bid and is over.
2. The company finally is able to get things in order and the stock keeps rising!
I always look at calculated risk and to me the second option is more likely then it being number 1.
I didn’t ask that part I was trying to pin him down on share count and cost. I do think it was just typos in both places. I have seen this on other tickers one while going current had an attorney letter with the wrong year so they had to do another one. It happens all the time.
The point I was making was him being vague to me makes it even more believable. He didn’t have to say anything to me or others that have texted him. And those that say that the ceo is just pumping need to get real. This seems totally legitimate, and we all have to remember things take time!
I have to agree I got a level of vagueness from the ceo when trying to him pinned down on something he was saying do the math 5 million dollars at .02 I said so it’s not 2.5 billion it’s 250 million shares for .02 correct he said do the math. The vagueness in that part of his answer could mean he was trying not to say certain things that could get him in trouble. Your thoughts on having a 5 million dollar commitment could line up with your thoughts.
No Inqd
I like to that!
Trust me I will! And I have another play I’m in as well and I’m expecting that to pop this year to I have been building my stack of shares and building a bigger stack as much as I can! Between the this one and INQ* I will have plenty for my family and friends. I plan on helping others once I there. There is so much money to be made here in the market.
Nope I was a network engineer that worked for a cruise company before Covid :) and even with the up’s and down I love my new career! I won’t go back! On average I make $500 a day and each month have the same about of shares and most times even more!
I have more time for family and friends now rather then working 50-70 hour work weeks! :)
Yep 480k that sounds like something worth fighting for now of course Uncle Sam gets like 50% if not in and Ira or Roth! It’s wayyyyy more then just 10k
That is a big board company that has no relevance here in the otc! Think about it if you have 10k only to invest you get 10 shares of the Tesla at $1000 per share. Even if the stocks doubles you only make 10k here in otc land you can buy 4 million shares at yesterday’s Low of .0025 and if it goes just to .02 you have 80k!
Then learn to just bite your tongue!! Mark my words there is still money here to be made here! Lots of it! You should type your negative messages, and then not post them, so you get your anger and frustration out!
Why do an offing for .02 remember a couple of things.
If they didn’t think they could sell the shares they why look bad by doing it.
If you are buying shares at .02 what do you do expect as a return .03 I don’t think so most of these big guys want to make 5-10 times the money so let’s just say only 5x that would be .10
I totally agree!! And when we were at .12 should the ceo come out and say the company is not worth 12 cents at this time? Who would do that!! No one! I think they have some big news coming! I lost over 200k on stock STHC it went from .10 to .0010 like in one day! That was the one worst!
I felt and still do feel there is a lot of potential here and I felt I based on the dd this would see between at least .25 .50 so I sold about 200k to pay bills, etc and other things. I should have paid more stuff off. The biggest mistake I made was buying back in so quickly. I wanted to have any many shares I could for the bigger run.
I didn’t think this would go below .05 imho I think they hit a couple of snags and then time passes which most people just want the quick buck and out. That is why we kept dropping. I know at one point in my Ira sold about 3 million shares at .03 and bought it back at .01 and thought I got a good deal. That is where I’m at now.
Due to Covid I ended up doing this as a business which is the only thing that is saving my a$$ I for 2021 I had made 600k in profit In my regular account alone,and if I wanted to take the loss I would have had to sell a lot of shares and wait 3.0 days but because I’m now doing this for a living I’m able to do MTM accounting which saves my a$$ a huge tax bill of which i don’t have anymore!
I still believe and I firmly believe I will go over what I had before!
Time with the team that is in place I feel we will be ok!
How much money are you down?? 10k I’m down over 3 million and I’m still holding! I just don’t see the Ceo sending emails lying for what risk of a lawsuit? I have tried to talk to other CEO’s before on other tickers and they go silent. He responded to me didn’t have to, and most likely spend his time trying to keep us updated.
It’s the otc things take time!! The ceo gets nothing for his shares if he does not perform! If anyone here has the right to be bitter it’s me and you don’t see me bad mouthing the ceo! You don’t think errors get made the 2.5 billion it’s one extra zero. The the price being off .02 vs .002 are all normal mistakes. I bet you have less then 10k into this stock and are bitching. It’s funny I bet you will be no where to be found when this goes back over .12
I texted him as well and I got the same response.
Yeah that is true, but I have read my people post on here sale half and let the rest ride, and that is really good advice! I still feel with the two main stocks I have i will be above my high by the end of this year, and trust me I will not make the same mistake again!
We will are responsible for our own buying and selling. No matter what I can’t complain I made a lot of mistakes but still I’m up. I once had 80 million shares when this was at .0007 - .0009 and I still feel in the end my worst case will be we get to .03 I can’t believe they would do all this work and get nothing out of it! There are too many people involved that will only make money if their shares go up!
I trade a portion of what I have everyday! My mistake was being new I sold for example 2 million shares at .12 and thought I was doing good buying them back at .10 that made me 40k for example and then I had the same amount of shares. The problem was I never thought it would go this low again! I should have sold half of my shares and waited till it stopped dropping then I would have like 3 million plus all my shares and won’t even care about waiting! But like I said I’m new I still learning!
Sorry to tell you, but that is why you trade!!!!!
Very true!! The day the one set it fillings came out we were at .0025 I almost converted 10 million shares, but I hesitated that would have been 25k in added income on my taxes and it would be worth 40k now I would already have a 15k non taxable profit! Oh well. Converting the right penny stock at the right time can save you a ton in taxes!
I just did a conversion form Ira to Roth on 20 million shares of something else I bought at .0010 20k the stock has went down to .0002 you can’t really buy at that price, but I did the conversion so it will add 4K to my income and I bet Within a year it will be back to .0010. At that point I’m even but if I sell it I would then have 20k in my Roth now! :)
Getting setup for what? It’s amazing how a lot of you don’t seem to understand things take time! Trust me with the amount of shares I have, and the amount of money I didn’t take off the table I’m not happy about waiting either, I had millions and now I don’t. I still think in time they will get something to get this at least to .03 - .05 so buying in at .0040’s would be a huge profit even if it only went to .0120. Will get go back to the highs .12 I’m not sure it could. Funny thing is how much did you have invested in here of your own money 2k please!
Seriously don’t buy above .0040? You crack me up did you sell all your shares or something? This stock is way undervalued I know stocks in the otc that have way less and are way above the current vxit price! You obviously sold for taxes or something else and are regretting that decision now! My only regret is not converting my Ira Shares at .0025 to Roth! Good luck at getting your shares back!
Yep putting In my last bids for .0009 I’m
Walking away for a couple of months will come back as see what has happened. At this point I have two big positions this one and one other and it they both drop to .0001 then I’m done! Oh well was nice while it lasted!
You noticed that too. I wondering what is coming. :)
Trust me it’s not all that Rosie it I would have sold at .08 to .12 I would have had about 5 million dollars. The only good thing I have now, is I have over 10 million shares that are long term I’m saving those for at least .50 which I believe will happen this year! Those long term ones I bought at .0007 - .0009. My biggest issues was not selling more at the top, but lesson Learned. For sure I should have sold in my Ira and Roth IRA, hindsight is always 20/20. I still believe this will all work out. I think this will be a good year for VXIT I still think worst case this goes to at least .03 - .05 they will get contracts just a matter of when.
Sorry we are going up now!
Huh? Why no attorney letter? IMHO I we are getting close to something.. will it be the big time people think maybe not( but I think some revenue will be coming soon. I hope it’s big, but not sure. I think I’m still the largest shareholder here and I still believe, but things take time!!!
Why do a reverse split when more shares could be issued? You make no sense!!
Can’t get much lower! Soon you will even have to be bullish! Can’t go much lower!
Incorrect! Per IRS losses must use settlement date not purchase date. For profits you must use purchase date not settlement date! Look it up tax loss selling is OVER for this year!
For me personally I would rather see it Monday:) do to my situation I’m doing MTM for Several of my account this year.