Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lets see and what are those companies position worth now ? Nothing 33.5 million shares can be had for nothing now and I would be very suprised if that was even true.
They have been planning to fund a loan since 1989 and it hasnt happened yet.
And what do they have to offer the lender that the lender doesnt already have access to ?
Think why would legit investors request loans through a company that has never closed a loan and is pretty much unheard of ?
Everyone is going to answer that this loan product they have is so great etc...but think if it was so great one of these bigger companies with more then 3 employees and revenue would have though of it already, and if the big boys are having trouble closing loans how do you figure a tiny company that has never closed a loan is going to be able to do so ?
And the common shareholder statement in the PR means nothing IMO.
But its not Jan 30th yet so I dont see what the panic is all about....If they have till the 30th to finalize the agreement we may not see a PR saying its done until the Thursday or early next week.
Am I missing something here why is everyone so disapointed today more then any other ?
Close at .0003 today.....not gonna happen the company is willing to sell shares at .0002 and .0001 to anyone who wants any and looking at the volume it is pretty obvious noone wants any shares.
The only thing good I see today is that NITE is on lead bid, Nite seems to be the one that took this down so hopefully this is the bottom.
My question is why is everyone so down in this today ? They put out a PR confirming the new president which is the first time theyve done this. They mentioned global services and its not the 30th yet so its not like the deal fell through.
The A/S is still 100 million so even if they maxed it out the share structure would be less then most pinks around. I am not happy with the price either but I dont see the reason for the panic around here today.
Shakerzz hasnt pumped it go back and look though his posts. Shakerzz isnt the problem here it is all the people that pumped this when it was at .03 and above. The company hasnt been able to sell more then 90 million shares which is nothing in pinkyland.
Shakerzz hasnt even started to push it yet so I dont know where that info is from.
I dont know who would be wanting to buy this even at .0001.
This company has not followed through on any part of their buisness plan and has actually done the exact opposite of their PR regarding the buyback.
In 4 days from Dec 27th to dec 31st the 4 days from when the A/S was increased until the end of the month update the company had already dumped an additional 146 million into the float. That is in addition to the 1.6 billion they added to the float before that in december.
I would venture to guess by the time they put out their next share count it will be sustantially more then that. IMO
And the point is ? This company has been releasing info for years none of which has come true.
For example.
Uplisting ? Not done.
Closure of a loan which they have been speaking about for years ?
Not done.
Buyback ? Wait they would have to close a loan to do that so instead they have decided they would dilute 1.6 billion shares in one month. December 2007.
The only thing they have done is put out forward looking statments while accomplishing nothing other the diluting their shareholders and raising the A/S.
I just took some from the dump monkey at .0024. Hopefully this will have a nice run when we get the info on the equity position in Global staffing.
UBSS creeping his bid up to .038 looks like he may be realized its time for the games to end and he better start covering.....
I just put in an order through ameriturd to average down some and they still have it restricted and wouldnt give me a reason why. Hopefully they will fill me and we can get some news here shortly.
Does anyone know when shakerzz was given the 7500 by the third party to bring awarness to asii ?
Could you please post what is confirming everything is going according to their plan ? In the interview the CEO stated that she planned on uplisting in 2007 what happened to that plan ?
She also said in september that huge announcments for the company was immenent. It is now february and they have accomplished nothing other then selling 1.6 billion shares in the month of december and increasing the A/S to 6 billion.
"The Company has endeavored to reaffirm the interest of the original
applicants for the $740 million in the BCLOC Program. To date, we have
more than $740 million in requests for funding. Although some of the
original applicants no longer desire funding, their funding allocations
have been requested by other original applicants."
The wording in this statement by them is interesting....it makes me think that they dont have that amount in requests.IMO
Outsourcing loans is a far cry when they have yet to even close loans. I also find it interesting that they are now claiming that they have more then the 741 million in applications since in the PR where they announced the 6 million dollar loans they said that not all the customers had reaffirmed their interest in the original 740 million.
IMO
Is that the same post that he said that IR told him the loan was on schedule to close ?
That would possibly be believeable if they hadnt already been begun diluting the new shares that they had authorized which they have which was evident by the 146 million shares over 4 million that was previously authorized.
Nice uptrend starting here. Looking good heading into next week.
I agree this is a real company with a bright future.
I like what im seeing so far.
I will be looking to take a position here shortly.
I have only been on IHUB a short time and I see why people leave this site when they are attacked for just presenting facts. 1000% is impossible to lose it is common math you can't lose more then your initial investment. Simple math you put in 1000 you can only lose 1000 not $10,000.
When did I state that they were selling their individual shares ?
They are selling billions of shares and adding them to the float....Look at what the O/S was 2 months ago.
Im not making any assumptions merely putting FACTS out there for everyone to see. Both sides need to be presented instead of just these ridiculos posting with outrageous price valuations and dreams.
I am merely responding to posts that people left me last nite. I also had to correct myself because I had said the O/S was 4 billion but it is really 146 million more then that. The company sold shares even faster then I had thought 150 million in a 4 day period from Dec 27-Dec 31st.
Look at it this way only 1.85 billion more until they raise the A/S again or maybe this time they will do a R/S.
Yep exactly what I mean.
.89 cents per share that is possibly the funniest thing I have seen in a long time.
You say DD I say something to lure newbies in and it worked perfectly im sure he sold at .0007 while all you guys held the bag.
As of December 31, 2007
Authorized Shares: 6,000,000,000
Outstanding Shares: 4,146,666,667
Float: 2,389,280,252
Hmmm....I think thats what you call raising the A/S...Funny think is as of december 31st they had already diluted 146 million plus in only the 3 days since they had raised the A/S on Dec 27th. Makes you wonder if the A/S isnt maxed out already doesnt it ?
They had already sold 146 million plus in 3 days before even informing shareholders that they had increased the A/S.
Please first of all tell me how a stock tanks 1000% mathematically that is impossible which shows the knowledge you have of the stock market.
2nd all my stocks tanked... thats funny since you have no idea which stocks I own.
And with regard to the raised A/S go to the website and look....they raised it from 4 billion to 6 billion and the O/S is already over 4 billion.
With regard to insider ownership that means nothing they know their shares arent worth squat which is why they continue to dilute which is how they are padding their pockets.... IMO.
Dont get me wrong I highly doubt that HCPC will ever close a loan. You guys can go off what these "longs" that have spoken to the company tell you on a message board but when have either of the two people you mentioned been correct in what they have said ?
They havent they both claimed some ridiculos things etc if you look back though their posts none of which came true especially the tidbit about huge news coming before christmas etc. And with the other either IR lied to him or he lied to the board when he posted they told him the loan was closing on time.
You notice its the same few of you posting over and over on this board because noone else believes a thing this company says for good reason. I am not going to waste my time posting here anymore but I will be back early in february when they post the updated share structure and it shows more then 4 billion O/S which will show they are still diluting like crazy.
The only over the top posting Ive seen are the ones that people actually think this will ever run. My bet is that you have O/S amount of about 5 billion now soon to be 6 billion. Then they will either close up shop or increase the A/S again.
1.5 billion diluted in one month.
Even if the loan were to close this thing still isnt going to run much....6 million is nothing and is not even a large enough loan for a bloc according to their previous PR's that Bloc securties are a 10 million minimum.
This company has lost their credibility and most on IHUB know this is a scam and cant be trusted. Carols husband being convicted of stock scams before doesnt help the credibility side at all.
Geez are you sure about for that the need for dilution has been reduced ?
If thats the case id hate to see what you consider dilution.....
1.5 billion shares in one month sure spells DILUTION to me.
And those total of 50 or so million is of what value now at .0001 ?
It would be intersting to know who compensated him.....
They still wouldnt have enough shares to be making any money at .0022 selling.... not many shares have been bought below this level.
I just cut my losses on the biggest scam around here this week because its obvious its not going anywhere.
This one has been manipluated which is why its down here.....
What would the point of bailing at .0022 be anyways get back pennies ?
I dont buy the flipping buisness I think the company has been selling which makes sense they are going to have to raise some money to get the 25% of global staffing....even if they max out the A/S its still only 100 million which is a positive.
Kinda like the PR's from the last 2 years promising loans closing and buybacks only to increase the A/S to 6 billion and diluting billions and billions of shares ?
They can say they are planning all kinds of things...doesnt matter is the bottom line is they havent come through on any of them.
How do you expect them to complete a R/M ?
What do they have to offer a bank ? Nothing other then false promises. I would venture a guess that the 861 million number is purely a made up imaginative number. They could claim they have 1000000 billion in loan apps its not gonna make one bit of difference when they dont fund any of them.