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Funny, Monster Arts isn't on their client list. Hmmm...ss
New lows imminent, imo. Wayne must have tripped over the printing press cord yesterday, thus less than usual dumped shares. Back on the phones today, though, no doubt seeking more pledges and return to death spiral. Keep pumping out those shares, Wayne!
All just my non-professional and humble opinion as always,ss
Yep, runzy right down to .0001
imo,ss
Any jv/merger designed only to absorb more dilution to keep $$ coming in for as long as possible before r/s, imo. Besides, he's already gone down the jv road, and look how successful that was - still no significant revenues and stock continued to drop.
See pr's from past and above all, READ THE FILIINGS! Do your DD, bro. All just my non-professional and humble opinion as always, ss
APPZ = classic DILUTIVE DEATH SPIRAL!
See the pattern here? The longer it goes on, the riskier it gets - 2 steps down, one step up, another two down, then one up, gradually heading toward oblivion, secondary to unbridled dilution, imo. Look at the chart for goodness sake, and more importantly, look at the filings. It's all right there - CEO intends to finance operations with equity financing - DILUTION - up to $5,000,000.00 worth!
I'll give Wayne this - he's not stupid. I guarantee he's not getting poor with the rest of the APPZ shareholders.
When it's down at .0001 (barring SEC halting this thing before then), it will be a 100% play for awhile, flipping between .0001 and .0002, until there is no bid at all and ask is .0001. Or, worse, CEO does a reverse split with shareholders potentially standing to lose even more, multiples more. Whatever the case, everyone loses except him and his folks, as has been the history here, judging from the chart and filings. He can just print himself another few hundred million shares, as he did a few weeks ago, while the common shareholder loses her shirt. Geez!
All the above is just my non-professional and humble opinion as always, ss
New dilution imminent with new lows coming, imo.
Yea, over .01 AFTER 100/1 reverse split, imo.
Better yet, Wayne has said he wants to move to the NASDAQ, so maybe he'll do a 20,000/1 split without, any real revenues. lol Then, you will lose another 99% after he dilutes it up to 5B o/s again. As up and up says - wash, rinse, repeat.
Do your dd, is all I can say.
All just my non-professional and humble opinion as always,ss
APPZ WILL go lower than .0006, imo.ss
What false info are you referring to? Please identify each item specifically. ss
up and up: Has SEC responded to the complaint(s) you referred to yet? Give us an update, as able. Thanks.ss
Death Spiral Resuming, retracement over, down from here, way down, imo.ss
Nope, never shorted a share in my life, as I don't believe in it. But, if I were a shorter, I'd certain jump in here. ss
Seriously, you were all handed info/DD and you wouldn't accept it or even consider it. No, I'm no prophet (a characterization a poster was mocking me with earlier), but I do my DD and believe I know crap when I see it, and APPZ is a very big piece of it, imo. Very dangerous situation, imo.
JUST DO YOUR DD and you'll make more informed investment decisions. I know we only invest what we can afford to lose, but APPZ, imo, is literally like throwing $$ to the wind. APPZ is not your normal penny stock situation with a company sincerely trying to make it for it's shareholders. All just my non-professional and very humble opinion as always. ss
Here we gooooooo.... Loadin' gonna happen at <.0003, imo
They'll be loadin' a lot lower soon, imo
Again, read the filings and do your DD, people. This IS NOT your normal penny stock, imo. Mistakes CAN be avoided by diligent research. Just my humble opinion,ss
Yea...downward! Anyone surprised?
God only knows the o/s now! Transfer agent has gag order and we are seeing hundreds of millions of shares trading hands with little change in pps. Wonder why that would be. Could be several billion o/s now, for all we know. Geez, do your DD people!!!!!!!!
Just my non-professional and humble opinion as always,ss
From 10K: How can this be good?
Geez guys, do your DD!!!!!
This from TNS:
Note that in a previous filing, management estimated it would need to raise an additional $5,000,000 to “forward its business plan.” In the most recent 10-K, APPZ disclosed that in lieu of generating any cash from operations, it will “rely on equity sales of our common shares in order to continue to fund our business operations. Issuance of additional shares will result in dilution to our existing shareholders.” APPZ further disclosed that should it raise more capital, it plans to spend $250,000 developing an EEG headset.
All just my non-professional opinion as always,ss
Share printing press smoking from overuse, imo.
News would have to be absolutely colossal, like a $100M contract with Google or something, imo, to budge this thing upstream against the rush of dilution. Even then, CEO seems determined to dilute this thing into oblivion, as he has already started doing. All just my humble opinion as always, ss
This is why you should read APPZ filings...
This from TNS:
Note that in a previous filing, management estimated it would need to raise an additional $5,000,000 to “forward its business plan.” In the most recent 10-K, APPZ disclosed that in lieu of generating any cash from operations, it will “rely on equity sales of our common shares in order to continue to fund our business operations. Issuance of additional shares will result in dilution to our existing shareholders.” APPZ further disclosed that should it raise more capital, it plans to spend $250,000 developing an EEG headset.
All just my non-professional opinion as always,ss
Dying embers of brief retracement in toxic downtrend, imo.
Then we hear CEO issues himself 100M shares for .0003 on July 2 (see the 4 that came out on that date). Wayne doesn't even think this thing is going anywhere, it seems. Why didn't he buy them at market price if he believes in this company? hmmm...
If you would just read the filings, people, you would know Wayne has basically said he's planning to fund the company by selling shares = DILUTION. Why? Cuz he can't seem to make any money any other way, imo. I guess no traditional lenders will lend to him so he resorts to toxic financing, with super-low conversion prices and sells restricted shares for pennies on the dollar. Now it's coming back to haunt the investor, who doesn't bother to do her DD.
All just my humble opinion,ss
uh... no, o/s back on 4/20/14 was 213M, when pps was .003-.004. Since that time it tanked to as low as .0005, even amid hype and fluff pr's, imo. Buzz, do you think additional massive dilution had anything to do with that drop? Thinking cap, bro, as in, put it on.
Start by reading the last 10Q, it tells the story of how this company is doing. I can't believe investors don't read filings. You can smell toxic financing a mile away.
All just my non-professional opinion as always, ss
100M+ shares traded in two days with pps basically back where it started. Have you thought to wonder why? And, what happens when the current hype stops?
You're seeing, imo, the power of the death spiral secondary to toxic financing, and the worst is yet to come in terms of dilution, imo. For every share CEO sold for financing a year ago, he has to sell several hundreds to thousands now to maintain the same budget. Think about it, people. That's why they call it a death spiral - dilution/loss of share value accelerates over time and doesn't reverse without a super-material reason.
Wayne's got 5B shares to hand out (unless he increases authorized shares again or reverse splits this thing) and he finances operations through firing up the share printing press, with very little revenue to show for all his sweat and tears. lol. Put on your thinking caps. What direction do you think this is going, folks?
Please do your dd people. Don't take mine or anyone else's word for anything. All just my humble opinion as always.ss
MATERIAL WEAKNESSES IN INTERNAL CONTROLS?
This from The Naked Short...
https://thenakedshort.wordpress.com/2014/04/07/when-we-say-material-weaknesses-in-internal-controls/
All just their opinion, not necessarily mine, ss
APPZ:"FRAUD OR JUST EXCEPTIONALLY BADLY MANAGED?"
(Quote from link below)
http://thenakedshort.wordpress.com/2014/03/06/monster-arts-aapz-fraud-warning-signs/
The writing was on the wall even then, imo.
All just their opinion, ss
ace65: Important DD for APPZ from Olive OH...
This from Olive OH on 7/14/14. Please read start to finish:
https://thenakedshort.wordpress.com/tag/monster-arts/
Link is from Olive OH. Beginning to get the picture? There's more, a lot more. ss
Whoa! You're using old data, dude...
...from March. A LOT has happened since then, my friend. I can assure you, there are multiples (likely many multiples) of the last reported o/s of 159M, imo. Geez, do some DD, man. This may look like a decent opportunity if it truly were a low floater with little dilution and a real business model. Please, do your dd and save yourself some pain. All just my non-professional opinion as always, ss
This is a classic DILUTIVE DEATH SPIRAL!
See the pattern here? The longer it goes on, the riskier it gets - 2 steps down, one step up, another two down, then one up, gradually heading toward oblivion, secondary to unbridled dilution. Look at the chart for goodness sake.
I'll give Wayne this - he's not stupid. I guarantee he's not getting poor with the rest of the APPZ shareholders.
When it's down at .0001 (barring SEC halting this thing before then), it will be a 100% play for awhile, flipping between .0001 and .0002, until there is no bid at all and ask is .0001. Or, worse, he does a reverse split with shareholders potentially standing to lose even more, multiples more. Whatever the case, everyone loses except him and his folks. He can just print himself another few hundred million shares, as he did a few weeks ago. Geez!
All the above is just my non-professional and humble opinion as always, ss
Uh, no. We close down today, imo.ss
Then there are the SEC complaint(s) filed against the company, according to posters on this board. If I were an outsider looking in, not sure I'd even see this as a bottom feeding opportunity, as it may be halted at any moment and risk seems inordinately high. Maybe .0002 would be an opportunity, if still trading, idk. All just my non-professional opinion as always.ss
.0006 today, as new dilution comes in, imo.
up and up: maybe outstanding closer to 5B! No one is touching this thing. I thought the folks might get a little run out of it this week, but dilution has killed this stock, it seem,s and it just can't get past .0011. Also, obviously, there's no fluff news to report or, believe me, Wayne would have released it! Sad story. All just my very non-professional and humble opinion as always. ss
Correction: Authorized = 5B, Outstanding = ?, though o/s likely > 156M.
If this thing goes up, great for you all, if dilution continues and they reach 5B o/s, and ceo doesn't pull it together, not so great. All just my non-professional and humble opinion as always,ss
APPZ may run here, but...
...not to previous levels above .05. Those days are over due to dilution, imo, and it would take phenomenal news that undoes all the negatives and distrust to get it even to that, imo. This used to be at $4.00 before the financing/dilution. Sad. ss
Have you done your DD, bruce88? It's not the chart on this one, it's the company. This is NOT your typical penny. I've been trading a long time and have never seen anything like this. Read the filings and do your research, dude. Just my non-professional and humble opinion as always.ss
AUDACIOUSWON: Read the dd posts, follow the links and read the filings. You'll get the picture. Don't trust people's conclusions here - draw your own after doing a little research. All just my humble opinion, as always.ss
ramiro74: Possible bounce play/double from .0001, IF (and that's a really big if) the SEC doesn't halt trading and shut this thing down any time now. If they don't shut it down for some reason in the very near-term, a r/s seems impossible to avoid, given ceo's complete disrespect and contempt for the shareholders and the sheer weight of the shares beginning to be dumped into the market. It's simply overwhelming.
Please just spend a little time on DD and you'll see what's going on here. All just my very non-professional and humble opinion as always, ss