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Yes I'm very well thank you! I've got bull running and fireworks tonight so should be fun
Hey up, long time no hear, I'll have a looksie over the next few days but on the face of it the story looks good, thanks for the heads up
Yep they're dropping it down with 1000 share bid hits. I'll be surprised if you can add anything sizeable around that price because this trades so thin that anything over a few thousand shares will push it back up easily I reckon. I guess we'll find out soon enough though!
Yep, but immediately after there was a 800 sell order by the looks of it, very strange. I guess it was either a GTC order that got activated or someone who is bored and wants out. In any event I'm here 'as long as it takes'. GLTUA @ UMEWF
Ok gotcha, many thanks, appreciate it.
Can you please explain your statement below as I'm not sure I understand what you're trying to convey? MTIA
"Its not the company issuing out shares as its private preferred shareholders"
Dead cat bounce or light at the end of a very long tunnel?
Agree 100%. Give us everything and let individuals be the decider of what's relevant to their investment and what isn't. Good post to start with, GLTUA @ QTMM
Many thanks.
Sounds good and looks like a step in the right direction, thanks for the info.
Blimey, great day, gotta luv it
Just can't believe we have stayed stagnant after the last update. The CEO reaffirms 2m subscribers for 2015 (at a buck a month) so that's expected revs of $24m and 10m subscribers for 2016 (at a buck a month) so that's $120m projected revs for EOY 2016. The SS is Nano with a massive investor owning the vast majority of it (which makes the float tiny) and yet here we sit? I don't get it! I guess I'll just have to tell myself patience is a virtue and wait for the inevitable. JMO and GLTUA @ UMEWF
Gonna be great when all these scum sucking shorts/scam merchants are behind bars. Absolutely no sympathy, 'live by the sword die by the sword'!
I think legal shorting is too expensive for OTC penny stocks. I've heard it could be as much as two and a half bucks per share but not sure how true that is. In any event it's either NSS, dilution, panic selling or a mixyure of all three, personally I don't care whichever one it is now, I just want it to stop and start realising the real potential here because you can't tell me that this isn't undervalued. I'm in it either way, to the death or to Valhalla with my lunch money tidbit. JMO
I'm not even entertaining that notion, not gonna happen IMO, but this could see teens in short order. .19 highs (pre R/S) .19 Lows (post R/S) that really would be taking the pith. JMO
I'm no expert at anything but some say let the trend be your friend and as there's no support (from anywhere) no consolidation, no reversal in sight, I'd say that's pretty good advice. JMO
Done
It is an opinion by another poster that I don't agree with, nothing more nothing less.
I'm not of that opinion.
"but then again they may even want to see them default so they can own the company."
That's very nice to know, enjoy your weekend
I think you're right, nobody is stepping in here because they feel there's further decline to go and so support for the pps is zero at this point. I can't think that management are happy with the decline, and certainly not those who invested $41m recently, so I believe that behind the scenes there's serious pressure to turn the ship around. JMO
"there is not sufficient buying support at these prices to stop further declines, IMO."
If we get an announcement of a contract, the pps will take care of itself, lack of patience would be the only reason to use an R/S to uplist. The SS is tiny and could accomodate any percentage increase easily. JMO
I think it was .45, I grabbed a few at .42 then it dropped to .18 (surprise surprise) and I doubled my position in low 20's and since then it's slowly been returning to where I first entered. It's been fluctuating around the high 20's, low 30's for what seems like forever and where I've added a few more. As usual I don't have a big position just in case things went really south but this news is certainly making me think twice.
Enjoy your weekend
Ok thanks, I'll do some DD on it over the weekend if I can. GLTUA @ UMEWF
UMEWF has received their VATS cert (banging the desktop here) This is going to multi dollars IMHO.
"HONG KONG, CHINA / ACCESSWIRE / June 3, 2015 / The management team of UMeWorld Limited (UMEWF) is pleased to provide this shareholder update.
UMeWorld is now in receipt of the Value-Added Telecommunication Services permit ("VATS Permit") as previously announced. The VATS Permit is required by Chinese government regulators in order for the Company to collect revenue from UMFun users through China Mobile educational platform.
UMeWorld is making the final preparation for the imminent launch of UMFun on China Mobile's K12 educational platform in the Guizhou Province. The K12 educational platform services approximately 1.5 million paid subscribers in the Guizhou Province. This will be the 3rd Chinese Province to be penetrated by UMFun.
UMeWorld was invited by China Mobile to present UMFun at the International Conference on ICT and Post 2015 Education organized by UNESCO (The United Nations Educational, Scientific and Cultural Organization) and the Ministry of Education of the People's Republic of China on May 23-25, 2015 in Qindgao, China. China Mobile announced the official launch of the China Mobile "AND" education platform during the conference. UMFun was presented to conference guests and government officials under the China Mobile "AND" education banner.
Okey dokey, I probably need to read it another 2-3 times to get the context right, but at least we have VATS cert now
QTMM is a key player in a 'paradigm shift' technology so even doubling the O/S wouldn't damage the potential here. Risk reward is a no brainer if patience is a pre requisite and if they have to raise the A/S to accommodate a strategic acquisition (could be new technology/merger) I have no problem with that so long as it becomes accretive within a stated period of time (12 months). JMO
"(that may end up requiring the sale of the last 100MM approved shares)."
Well well well, I'm green haha, gotta luv it!!!
Thanks for that mate I didn't realise there was another hurdle to overcome (AND) but feel sure it's already in the bag or we wouldn't be celebrating VATS confirmation. I think we're gonna make a few bucks over the next coupla years, way ta go!!!! Congrats to all of us that had patience. GLTUA @ UMEWF
I'm like your Ihub name, I'm hoping that they'll come through today with news, or in any event an 8K within 4 working days. VATS will be a game changer, just need the damn authorisation. GLTUA @ UMEWF
So you're the one that reads my posts, glad you're still awake, lol. Yes you're right. In any event hope 'the problem' is sorted out in the next few months. GLTUA @ ECIG
I was here then and there could be a chance that some of the scum diluters kept some of their shares back to sell at a later date, (now) and that can't be discounted, but it's at its lows so not sure that is the case, but never say never in OTC POS land. JMO
Well one thing that is not in contention is that certain MM's are continually selling below the bid which I believe is a sign of manipulation to take the pps down. Word has it that ECIG has lawyers looking into 'the 'problem', whatever it is, so here's to a resolution of the problem by Q3 filing (mid August). JMO
Yep, possibility of CDEL/VFIN etc re-routing short trades through WABR cuz they're restricted after FINRA warning?
"Abusive naked shorting is your answer. Every send complaints about Wabr to finra now if you care about your hard earned money."
It'd be nice to think it was the 1st suggestion but nowadays nothing is sacred, guess we'll find out soon.
Nothing like that, I added yesterday so it absolutely had to dip today, it's a little game my stocks always play with me
How about having the O/S updated regularly on the ECIG website, (under current share structure on Snapshot tag) that would negate having to phone the TA on a constant basis. I'm long here by fault but I just don't see how an ungagged TA can hurt the pps any more than is happening now? It just fuels uncertainty and stupid projections about what it 'could' be. JMO
Share structure under Snapshot Tag is as of 28 April 2015
I think I'll wait until the CC has a new date before making a decision.
Ok thanks for that, I'll keep an eye on it.
Roger, if you need me to do it tomorrow just let me know but I will need their email address.