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"In reality" there are many, many, many people here *brand new* to investing & trading... (As I stated: each person learns their lessons in a plethora of ways. So not EVERYONE would even know what dilution looks like! Let alone, understand what the 'big picture' was - enough to recognize 'deception' by the CEO! ...even I got 'took' in this thing!)
I WANNA BUY THIS TICKER!!!
(I could do sooooo much more with it!)
$VNDB
Many of us have learned lessons 'the hard way' - & each of us learns in our own way & time!
'Playing the Pennies' is DEFINITELY a way to learn:
1) how the stock market 'works'...
2) how a company's 'internal mechanisms' impact your investment dollar$...
3) and many of the necessary filings & steps ('hoops' even) a company must go through to get a product and/or service 'established'.
But most importantly: one will learn to perform more diligent 'investigations' on what companies to put their dollar into!
ITS NO-One's FAULT HERE that "Bob" LIED to Investors & Traders RE: not performing any 'splits' (or any other detrimental actions - w/o prior Shareholder update)! (So, maybe try not to be so 'tough' on those who 'lost money' in $HRDN??)
At the end of the day: Just 'wish 'em good luck'...and hope you have some, yourself!)
Yes...true. But, as [I] wait, I'll continue to voice my displeasure with $LVGI's Management...
...just as I strongly supported them (financially & verbally) for many moons (w/ my bud "ORCA" - back when he was known as "TAKI"...and had many fewer followers!)
So...I've been here for a while!
Limitless Venture Group's obvious lack-of-communication is kinda like smelling smoke: You may not see the fire (yet), but...
[And, neither Anyone's 'displeasure'...nor 'hype'...nor 'excitement' - is going to cause this stock to move in ANY direction - including mine!]
So yes...we wait.
(But not all 'waiters' - are "created equal".)
Right??! "CC" owes us Longs!!! $TGGI
Don't think you sound "arrogant" - @ all!
My commentary was more centered around $LVGI being "legit":
- the CEO would have done the 1st thing a CEO does with Shareholders when any 'issues' arise: COMMUNICATE.
- they would still be doing business; as a halt to shares trading, doesn't necessarily preclude doing business! In fact, its how business usually FUND themselves! (I mean, if a business can't make $$$...then...why would it be 'in business'?)
- And finally, they would have 'officially' released information (a 'formal' IR/PR release, mind you) that they'd retained Kogan - or ANY Attorney, for that matter - to resolve the halt to trading, and inform Shareholders EXACTLY where the company stood!
...at the end of the day: most of these 'pinky's' exist only on paper, anyway. No surprise when the paperwork finally gets questioned...
(Have you actually seen any SLAM? ...HempCore?)
Generally speaking: you're correct, about the process.
(However, my question was directed to the person whose post I replied to! People usually have a lot to say - until "proof" is requested of statements they've made!)
It's one thing to make a ton of 'vague' statements about $LVGI & 'processes' required to get a product on store shelves - and another altogether, to have 'working knowledge' of the resources directly involved in EACH PROCESS, to make that happen!
Also: its no stretch of the imagination to understand that - if $LVGI doesn't even have enough capital to fund HempCore...and they have to 'beg the public' for capital (in a different manner than the standard way of "selling shares")...???
SMH.......$LVGI (& Associates)
From someone who's been in this ticker for waaaaay too long, I'd say: 'Believe it - when you see it'.
..."CC" is notorious for his honey-laced promises, friend...
(But: anything is possible!)
BAM!!! (I'd sticky this...if I were still a Mod!)
$LVGI wouldn't still be 'a pinky' - if it didn't 'behave' like one!
We're CHILL'N like SLAM - on store shelves!
:-/
$LVGI
Certainly looks like it! (...but, these things still take time to play-out.)
Whilst the PPS appears to be 'waking-up' - we're still in a 'holding pattern' for another coup'l weeks, imho.
But - I'd get'ur helmets out!
Craaaaaay-Z ride coming up!!!
$PGCX
I agree w/ you, 'ejquezad' - as I'm sure you'll see from any of my remaining (or 're-instated') posts... (lol)
Emotions are the one thing we should leave out of trading!
*** However *** $LVGI's 'actions' (or lack thereof) could hardly have been forecast... And for a 'bootstrap investor' - actions like $LVGI CEO "Joe F." (for the past few months) - can prove detrimental in many cases!
While many of us have hardly learned to trade w/o 'emotion' yet - this DTCC 'freeze' imposed upon $LVGI - will definitely prove 'A lesson learned'! (Or...'The straw that broke the Camel's back', for many Traders & Investors.)
All whilst "JF" attempts to...'bootstrap' ANOTHER product line??
I'm as hopeful as the next guy that this thing trades again...
But, the CEO's decisive lack of "official" communication 'plays with One's emotions'.
And quite frankly: 'it stinks'. $LVGI
As 'an appeal to rational minds' - let's reason:
~ If I were a 'scummy CEO' - I'd probably:
A) Not answer any 'direct inquiries' about my actions (or lack thereof). And especially, in an "official" capacity (such as releasing any "official" Investor and/or Public Relations updates - which could be used against me @ a later date...)
B) I'd probably try to keep as much 'distance' between myself and 'the problem' as possible. (Which can mean 'playing the blame-game'...not being 'accountable'...not answering questions and/or 'selectively' answering them...etc.)
C) I'd probably try getting as many 'buddies' as possible (assuming I had any), to help 'run interference' on 'the masses' - especially on a 'public forum' where there is ZERO accountability!
D) And, I'd just...wait for the fervor to die-down...
Maybe try 'running game' with another product?
Even try 'doing it again' under another company ticker, perhaps?
But - I'm fairly certain I'd try 'running game' again on 'the masses'...
...IF I were a 'scummy' stinky-pinky CEO...
(Which, I'm not.)
'tonyo524' - just happened to look at this (3) month-old 'sticky'... ...and noticed how relevant your statement is (still)!
[Reminds me of an old adage I once heard about how a frog would jump out of a boiling pot of water...unless...you slowly raised the heat. Then? He'd simply...get cooked!]
Seems the same old, regurgitated, 'wishing on a star' -type of comments coming from the $LVGI camp:
~ 'Let's wait the process out...'
(...without ANY "official" Shareholder updates, mind you!)
~ 'Attorney X' is on the case!'
(...without ANY "official" updates, to verify this as "fact"!)
And, the best one to date:
~ 'All the necessary paperwork has been submitted, but the DTCC just HATES $LVGI with a passion - and they're just singling-out $LVGI (from 1000's of companies), just to harass them!
(...because the DTC knew SLAM was gonna be HUGE...and they just don't want "the little guy" to succeed!')
If only there was only SOME WAY of getting the word out to the CEO - that people are VERY UPSET about the LACK OF PUBLICLY INFORMING INVESTORS OF THE COMPANY'S 'CURRENT' STANDING (as any decent publicly-traded company CEO would do!)
(...Oh: wait...)
Lots of 'inaccurate info.' being disseminated'...(& that's putting it 'the nice way'!)
If you feel 'deceived' - think about it... (By Whom?)
~ "JF" - on his trusty Google Chat Message Board?
(You don't even know FOR A FACT that it's him! And as soon as the 'chit' hit the fan - guess what Joseph Francella would say about some 'stupid Google Chat board' being used as his method of communicating with Shareholders?! - "Pffft! Yeah right, I did!" - he'll say!)
~ Someone distributing info, claiming to be 'the CEO's Buddy'?
(Not an "official channel" - to say the least! Personally? I never even 'cared' to believe that... Especially since i know it has ZERO bearing on this scenario! But...it sure sounds good, doesn't it?)
...$LVGI Limitless Venture Group, Inc. - hasn't put out a PR or IR in over 1/2 a year...
(So, CEO is definitely NOT accepting 'responsibility' - for ANYTHING!
...but I'd definitely feel like I let myself down - had I believed "the hype" spewed across this board for the past few months...
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
P.S: I've been in this ticker for well over a year (almost 2); and I am well vested. So I definitely have 'an interest' in this thing moving again! But I'd rather see it 'shot & put down' (like a 'rabid dog')....before I'd have it do to someone else - what it did to me! ("That's Gadg3t for ya!")
Sorry, Friend...but the DTCC isn't going to 'close down shop' on working Americans - UNLESS - they 'suspect fraud'. (And as notoriously 'slow' as they are to move, you can bet that when they do: they have "good cause" to do so!)
If $LVGI was "legit" - they the CEO would have done the 1st thing a CEO does with Shareholders when any 'issues' arise: COMMUNICATE. (Via 'official' channels...not via 'walkie-talkies', or any other 'non-official channel'. Especially, to not even "officially" release news of using Google Chat as the 'sounding-board'.........SMH...)
If $LVGI was "legit" - they would still be doing business! A halt to shares doesn't necessarily preclude doing business! (As a matter of fact - doing business is what would allow them to even PAY a legal team! Think about it...)
If $LVGI was "legit" - they would have 'officially' released information as an Investors Relations Release, that they'd retained Kogan (or ANY Attorney, for that matter) - and EXACTLY where the company stood!
If $LVGI was "legit" - why would the CEO 'supposedly' have "a buddy" - feeding him A TON OF QUESTIONS - but STILL not have the audacity to inform the shareholders of what's going on??
I have no idea why anyone would call this company "legit"...(and after reading my quick 'blurb' - do you?)
This may be your 1st 'foray' into the world of 'investing'... But, surely anyone with knowledge of the 'inner-workings' of a corporation (necessary filings, business operations, dealing w/ stakeholders, etc.) - would be alert to a CEO who is not 'up to snuff', or 'worth their salt'.
I say this, having worked my way through Corporate - and being an entrepreneur, myself.
His DUTY to "shareholders" - is to inform them "officially" - of anything that causes detriment to their interests; that being, the stock price.
He has not "officially" done that, as a Google Message Board is NOT a LEGAL method of disseminating information to shareholders. (...but I'm sure you already knew that...)
Also - he would use that same method of informing shareholders of retention of an Attorney to fix said issue--officially.
He has not done that! And to say that an attorney has someone "restricted from full disclosure"...? (What about 'partial disclosure' - officially??)
"What more can he say", 'inthesky'??
(No...what more can I say?)
I'm sure the 'paper-pusher' assigned to $LVGI's case @ DTCC - loves watching this ticker still move...
So, why doesn't "Joe" put out an Investor Relations release saying as much?!
>>> How many months has it been since this ticker has traded now??
~ Does Joseph Francella not 'respect' $LVGI Investors - like other companies do their Investors??
Nope. $LVGI board on i-Hub is about Limitless Venture Group, Inc. (LVGI)...
For anyone that wants to talk about public health - they should go to www.webmd.com...
I care about the health of this stock, were my $$$ is...
Is this board about 'poster's health' - or LVGI's health??
I agree; making statements against any 'poster' - is cause to have a post removed...
If folks believe LVGI is giving them the 'run around' - they're not only free to express that - but, imo, they may be onto something!
Either way, I doubt LVGI is paying anyone in cash these days for ANY service(s)...
Which means: they'd only be handing out (wait for it:) more stock!
...which means: dilution is in LVGI's future - if it can even trade again! (And where there's dilution...)
I wonder what people's feelings are about "JF" trying to hawk HempCore products for cheap via crowd-fund? Last I checked - he had "0" takers...............
So long as the OS doesn't inflate; and remains 'unchanged'. Entirely possible!
$PGCX
And, that's the problem right there: the subsequent *deletion* of any posts that 'challenge' Limitless Venture Group, Inc. on THE MERITS. (Seems some folks just don't like that!)
Having 'a team' o'peeps that circle-the-wagons around a company with a self-inflicted 'bad image' - makes absolutely no sense...(and I think even Ray Charles would've seen that)!
I find your insight 'off-the-mark':
No 'trips' to be had (...this year, @ least)!
I, for one, value it much higher - and would buy a boatload if it dips anywhere near a 'nano-quarter' by November! $PGCX
"Crowd-funding"...as a 'corporate entity'??
(Now, that's a laughable 'funding' strategy!)
...whatever happened to good ol' Corporate Credit?! (Oh...$LVGI probably 'SLAM'd that door shut, too!)
Well...guess Folks better start buying some 'crowd funded' buttons...or some 'soon to be released @ a future date'-"HempCore"!
...otherwise: $LVGI can't 'pay the attorneys', either!
...tsk, tsk, tsk...
LoL...anyone hear anything at-all from $LVGI yet, either?
(I mean, aside from a 'general' message board "voice in the dark"?)
...smh: 'man-oh-man-o-man-o-man...good-bye, $LVGI_2014'!
(Fmr.) $LVGI Board Moderator: #Inv3$t0r_G@dg3t
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
[ADD: My reason for shifting my POV from seemingly (+) to (-) about the company...was solely based upon 'the fundamentals' I saw, months ago.]
In the 'penny stock world', I've learned most of what I know 'the hard way'. I try to help others see the potholes in the street (so to speak), and/or, understand that sometimes 'the journey may be long'...
Although I've had occasion to cash-out, $PGCX has been my only 'solid green' ticker for months running...
(...plus, I'm still sitt'n green; timing a 'whale move'...)
Patience pays; but 'wisdom' always wins - in the 'long run'.
[PS: Very kind statement. It's not a wasted observation you don't post much, so its worth that much more. ('ppreciate it!) ]
$PGCX
Hope ur 'accurate' on that, 'wvp10'... Quoting time frames is oft' 'tricky' - to say the least!
(On the next one >> posting the date/time you spoke w/ __________, would make even more of a 'powerful' statement!)
Personally: I'm a 'annual trader'; I did my 'DD' a long time ago.
(...and I'm looking for my ROI; right...about...)
$PGCX
Sugar Baby - your reply gave me a smile.
(...&: You're 'spot-on'...)
Consider it 'sticky'd'.
I'm not sure what folks' 'terms' are for investing-for-returns, but 'process' matters. And 'processes' take time. Glad you see that.
As the saying goes: 'Patience pays.'
$PGCX
I like your question...
I think the difference between this week and last week - will ALWAYS be the same between ANY week-to-week period:
Find the lowest entry you feel 'comfortable' with: turn a profit.
$PGCX
Pump the product > Shell kicks the cash up to the shelf... Shelf owners (aka: 'the board'...NOT "the shareholders") takes the loot > sells-off the product (or does a 'spin-off') before total 'crash' > sells and/or 'burns' the shell...
...and, then some 'shells' grow up to become 'shelf's' - back to tick'n one day...
#PennyStockCycleofLife
Sorry, bud: wrong stock. No 'trips' to be had, here.
(Not this year, at least!)
GLTY $PGCX
"Gadg"
Either that - or selling-off 'assets'; if they've got any.
(But by then, they'd probably be headed towards a 'bk'...)
Any info. on the 'split history' of this ticker, 'Doc'?