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This stock never EVER had a chance of working. It only traded so the billionaire could try and recover off stockholders backs and from the looks if it lately I was 100% spot on!
Come on management this is been the best Market in history and you can't pull anything out of this to make the stock go up how absolutely worthless are you?
QUESTION: is this product on the market yet? I bought 800,000 shares because of the idea and capotal structure. But, if it's being marketed that would make me feel a little better.
Thanks in advance.
Has management got 100% of all the (Discount to the bid) note holders converted or agreed to signed a new note and released an 8K to that fact, yet?
Telling you on a phone call verses telling everyone in a public statement are two totally different worlds.
Those type of investors are slick pros you either pay it off or they convert and sell. There is no other deal they would be interested in. Especially 30 or more percent on their money, come on........
I've heard all before........
So, how much was converted? And what was the price when it was submitted.
How much in dollars is left with those terms?
My guess is 100,000,000 ++ shares. Still left to go (((BIG PROBLEM)))
I've seen $30 stock do these stupid discount conversion funds deals. It destroys them all. Best thing to do......find another company to invest in this management ruined their capitalization structure.
A reverse split does not fix the shares needed for the convertible debentures conversion.
Management destroyed the share structure. The only way to fix it is have all debentures agree to a fixed conversion and make sure there are enough shares authorized to cover the conversions, then stip the stock. But the investors would be stupid to do that. Right now they're guaranteed a profit if they have a short seller go sell it then they cover the short, illegle but done all the time.
It still has to be done that's all that matters. With that kind of overhang in he stick knowbody who is serious will touch the stock, investor or banker.
Here is where the stock us coming from. They need more stock. They used to call this the death spiral funding.
Just go back and read my old post this is what a stock is coming from and this is what amateur management teams how they raise money they kill their own deals. This stock is unfunded boulware this overhang of death spiral shares being registered and sold these people have a guaranteed profit on everybody's that that's a stockholder
I see where the stock is coming from......
If their notes convert on average of a 35% discount. They will need 200,000,000 million shares for them to convert into. I see there is only 100 million authorized. So, they'll need board and shareholder approval for this to happen.
So, when I asked where the 2,000,000 shares came from the other day I found it.
Bummer......time to move on nothin to see here......
I was thinking that they are raising money by way of Reg-D or Reg-S stock sale.
Where did all the stock come from?
You know you can call market makers and ask them how much they'll lose at prices or buy.
They're trading philosophy is if you're long you're wrong at the end of the trading day.
Thats all these sub Penny's deserve.
Bought DAVC at.0019 - 95,000 shares and sold DAVC at .015 905% gain. Thank you eveyone!
On to the next one....
Why be public with such a weak company this is stupid, unless it's a shell company looking for a merger candidate. Does anyone have any thoughts on this subject wih this company?
I looked up the suitcase product and you got to be kidding this is the big deal?
Shares outstanding: Last time I counted it....
Insiders: 447,345,000
Float: 200,000,000
Total: 647,345,000
I could look again. But, that's what my count was. I bought because I figured it was fully reporting and eventually management would get burn out paying reporting fees and do a reverse merger.
Are we there?
WHAT NEWS??????
Pump & Dump
Oh ya I've been had more than times I can count. But, my inner gut feel has given me the warning alarm to and I've avoided slaughtering. This one is a slow painful death By A Thousand Cuts. I see the billionaire has a following but since his name has been tossed around nothing has happen and nothing will happen with his involvement, that will be positive for shareholders.
Example. I bought TAUG at .019 sold for a really nice gain clean deal it didn't take that long to make some money under 6 months. I have two other penny stocks I've bought and sold and made money with since I've sold the TMPS's stock I sold it I think at .42 cents.
This billionaire will not make shareholders money it gulls him that he has to even answer to them.
His investment stratigy is to scew them before making things happen.
Anybody got the story why this thing bounce up in the first place?
Bandaid......? how about a tourniquet or sanitary pad ouch!
77,500,000 shares of common stock the note can convert to.
Read his note conversion what that in titles him to.
I see people are still hoping the (EX-HEAD billionaire) will dump money into this deal and everyone gets to ride on his dime.
This guy is not the type who shares. By now, you must have got that feeling in your gut that something is not right. And, you sense that the billionaire has no intention of putting cash in. He's letting management raise as much as they can on their own, as per agreement and when they are out of bullets he'll converts his notes and take everything. That's how he plays the game, he doesn't share with investors, he takes all. He won't leave enough money to buy a ham sandwich when he's done.
Still above a penny, amazing....
I actually made money on this when it popped into the .40's. I still question the billionaire making anyone money but himself. The reason, look at the HEAD investors, no one made money [except] the billionaire when HEAD went private. There's no question "he knows how to make money" the problem is, he doesn't share any of it!
$41,000,000 worth of trades is more than nothing I'd say. First day after split (with Bitcoin up too) I think will see a 10% pop in the price.
Bankruptcy is the most likely path for this deal. This way Mr. Big will have 100% and no stockholders. That's about what the stockholders got in HEAD, nothing!
Maybe, but if you like bitcoin this is one way to get in cheap.
Isn't there a billionaire investor involved in TMPS who makes people very rich by just the presents of his involvement in the deal?
Sort of like the crumbs that fall from his pockets make investors rich. Isn't that the credentials he was represented to be when the stock was in the .40's?
Please don't delete this, I would like some feed back on this post!
I made 300% on this in 2017 (bought in 2016 and sold in 2017) I've been waiting for the right moment to buy again.
If Bitcoin goes up "big time" GBTC will go up as well. I think with GBTC splitting it's a no-brainer.
1,915,200 Issued (pre) split
174,283,200 Issued (post) after split
For every share you own it will increase by 91. So, if you own 2 shares pre split you will own 182 shares post split.
https://grayscale.co/bitcoin-investment-trust/
This still has not done anything rewarding for investors.
Loser Management's do that type of financing
Interesting.....
The convertible note can convert at any time (all or in part) by the holder of the note. The company has to come up with $6.2 million plus interest by April 2018 (all or in part). but the note has to be paid off or extended.
Buy 144 stock at a discount they need the cash!