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Stay tuned info coming in just a bit...
Just so you know I been on the phone for 9 hours over two nights. I am literally exhausted. I feel like an IR department locked in a trailer with a phone on my head LOL
I think I have a lot of good info and even a special deal from Dan Bates for people. I just have to take minute to write it all up.
Only dilution was the 209 million used to settle an old bill/payable
FIFE filing created no new stock. Anyone here can confirm that for themselves by following the TA info posted
Time to bring this one back...
There be Whales here..
Smilin_B with the post of the day!!
Thanks man!!!
Smilin_B <---where B stands for BUCKS NEEDED, Big bucks!!!
Good job!!! You are on top of stuff!
Very valid thoughts there. Ill ask him
I believe POC refers to "proof of concept". thought I heard that in the 100 million dollar contract video.
I am in line with your thinking myself.
Never stop questioning, worrying or poking into things. That is what makes all of us a better investor.
Nothing is guaranteed in this stock, but I do know from past experience, when people bash a stock it is not always because they are sellers.
Same thing goes with people who pump a stock..
Oddly pumpers are usually selling and bashers usually buying.
But never stop posting both good and bad. Make an informed decisions, get answers etc..
Always good to be on top of things like that crazy. Lets hope crazyluck is what we have here.
Never stop questioning, raising issues, picking things apart..
Just let us know when your bids are filled so we can be on to better things ;)
Who knows maybe that stock issued paid off that lease bill? never know.
Also this I believe was an out of business carpet place before Windstream took over and put people to work. When things got hard , people got laid off. They were brought back not once but twice.
But while big Solar companies were going out of business Dan stayed in business and people are working there. While there is this back rent issue, the rent is currently being paid. Landlord obviously wants to keep tenant and get paid past sums he is owed. Good luck renting that place to anyone else . I know huge facilities with no buyers/tenants for 8 years.
Dan is a survivor. If that is not paid already it is my opinion that that matter will be handled.
With messy situations things are not clean , there will be hiccups and problems and issues along the way.
Just cant wait for some people to get their bids filled for round 2. August 1 the drink charges start adding up for Joan Jet's I love "________"
I do not know but will ask him.
It could be just a mistake who knows. If he really wanted to leave it out why not just leave it out ya know?
Maybe he is just trying to help fill the bids of this BOSTON song...
Boston Song...
" everybody's waitin'
Getting' crazy, anticipatin"
But why would you or anyone want them if as you say it was being "delisted August 1" LOL
??? Good question hey?
61 million on bid
Very true.. I mean we dig a lot, we get some info but I am sure people are closer and know more.
I try to post honestly with people I think most of you get that. Everyone knows the potential here. I certainly do. My goal is to try to help where /if I can but also to be honest with what info we get so people can toss it about.
There are some very smart and high level people invested here. Moreso than almost any company I know. Everyone cannot be wrong about the overall potentiall but sometimes things are positive and sometimes not so much so. But I personally am still confident long term.
Like I said , and like so many said to me, the way I would go about this is buy up as much OS as possible, clean up the filings and let the market valuation increase create all the capital you would need. But in order for that to happen there are things that need to be cleaned up that we do not know the status of. I sense we are getting closer though.
Best of luck to everyone. Make your own good decisions based on what you have to do .
50 milly plus on the 4s
Just to add to RSHs comments..
Equipment part of the deals can happen in a few different ways..
1- ImpactPPA funds them. But they have to raise money . Token funds not available yet, IPO might be planned, but it is possible financing can be arranged also.
2- WSTI can have its own financing or down payments and percentage of completion payments similar to how they operated in the past.
The advantage now vs the past is the system of getting paid for the electricity end for any hard to finance projects.
Also once projects are completed the revenue from the electricity sales starts flowing etc..
Bid was sold into and regenerated, you guys see that?
Someone is buying a lot of stock today
Someone has been buying a lot of stock..
All that we assumed was 2 tick trading going on since 9 to 11 ticks on down has been just swallowed and then the huge bids show up at lower levels. Not much if any was traded out. So someone is buying up a real lot of stock and does not care to sell it or if they get the lowest price.
Yes, thanks Frank. Another person also spoke to Dan and confirmed much of what you stated. And another knew Dan from a while back. I think pretty much everything on the list is pretty much accurate.
In terms of news that can benefit WSTI..
It could be IMPACTPPA had a better shot at raising money in an IPO than token sales but can still do both. If we see a large infusion from either it benefits us.
As I have mentioned in the past, since Crypto took a downturn token sales have had a rough time. It is coming back a bit , but big money would seek an avenue they understand like equity. And the type of players interested can plop down big money. While I have heard some stuff here, nothing is done until it is done and announced and official.
Whatever the look of things in comparison to the rosey hopes we had I still do not think much has changed other than the timing, but people have to make their own minds up.
I never figured a little subpenny stock would turn into a part time job here but I guess if one is to make any money ya gotta work for it LOL
I think you make some valid points.
Please note I did my best to try to summarize things. Some of this stuff I heard from a few people both who talked to Dan.
I know it might all sound like a huge letdown but it really is not far off from what we already knew.
With the Modi thing delayed (which we already knew) , and the stock issued, which we got an answer on why it was issued, we at least have a clearer picture.
I think the big problem in everyone's mind is how soon is soon and getting this thing out of dark status as soon as possible.
AT THIS TIME <--MY WORDS not DAN'S
I was trying to emphasize here that this does not means forever, that we have already heard here from someone the time plan was perhaps a month or two off from what we heard. Remember that October thing that came up.
This is also something that can change daily. People are interested here, and my goal and the goal of some other people I talked to is to offer ideas /suggestions and to aid this process as best as possible.
I have not talked to Dan myself, other than those things that are visible to people in the Telegram thread and also the few conversations about writing articles. But other people are actively talking to Dan.
Perhaps true, as I am always honest with my opinion. On this we agree.
I will try to confirm or get details tomorrow.
5 HOURS ON THE PHONE TONIGHT- Here is the Scoop
I cannot keep up well with all the messages as I am tired so I will do my best to update everyone below. The good, the bad and the ugly. Everything I heard from unconfirmed to somewhat confirmed.. Ill give you my take after posting the list.. Also I will call Dan Bates tomorrow myself, but wanted to get info from people that had talked to him or had other means of getting info first. Also on these items below I am going to attempt to get info tomorrow.
1- The stock issuance was to pay off an old debt
2- The Modi thing is probably put off til September
3- The legal process (attorney fees etc) has cost a lot of money and there is not much left to continue with that or to do filings AT THIS TIME. I am not sure if the legal counsel is still retained (again have to confirm this )
4- There will be some good news for WSTI shareholders shortly (again I do not know what exactly this is.
5- The plan remains for ImpactPPA to get funding to start funding WSTI projects.
6- Dan has been quiet publicly apparently because he feels it protects shareholders from conversions that might happen to hurt shareholder interest should he start firing off press releases. Not sure how this works so this is on my question list
7-Dan is actively talking to shareholders
8- Dan appears upbeat as he has been the last week or two.
OTHER INFO from the past few days
1- A least a few big money players are interested in ImpactPPA
2- Someone else is trying to organize something to buyback OS shares and invest some money to move this to levels higher than what I thought was probable.
Ok So thats the scoop until I call Dan and maybe fill in some gaps in places..
I spoke to three shareholders tonight totally probably 10% of stock oustanding and still have to hit a few which will get that total over 25%.
Over the last week I have spoken to lots of people and pretty much everyone agrees on a lot of things.. but mainly that it is time for a lot more transparency for these reasons.
1- IT has been over 2 months since the "Soon" "shortly" "solid plan stuff"
2- Modi was released in press release not on our timetable but the company's timetable and that has been delayed
3- We saw issuance of shares to settle debts but do not know the current status of debts or any progress in order for people to make informed decisions
4- People worry that Impact has been using WSTI installations, employees, IP etc yet WSTI has no money to put out financials and disclosures with whatever this "licensing fee" amounts to.
To a certain extent I personally think Dan had done some things backwards. The very people that are his shareholders are the people that believe in his vision the most but yet are the ones most in the dark and probably more able to help him than some people around him. I also feel some of the plans mentioned by some very smart people who own his stock make a lot more sense than things I see happening. People can bring stuff to the table but we really need to know the situation.
So here is my take on things. Honest scoop...All this stuff is going to make people nervous and some will sell stock. It is also possible that the shares just issued will be sold depending on who it is that got them. So for those inclined to get out , that might be best for you if you feel that is what you need to do ,especially if you got in too heavy.
But no one I talked to is selling. I thought about it when we saw the new stock because you really cannot fight endless dilution but that is not the case here.
I have decided if it drops ill finally get the somewhat bigger position I should have had all all along. I wont have much at risk but figure its worth a shot.
People have to make their own decisions. I tried to just spit everything out because I literally spent hours on the phone then trying to catch up to private messages.
Not any more..
It was about 10 and is most likely less than 2 now but some of it is pesky stuff that takes some work.
Some of the debt was actually derivative debt that goes aways when convertibles are resolved as well. It is a complicated situation but the discounted shares create loss and debt on the balance sheet under a formula. But that is not real money debt..
In any case from what we have heard a good chunk of the debt is gone.
It was not me, but someone who did the work but he can mention his name if he chooses..
Im calling tomorrow and was on the phone for a very long time tonight to get info. I want to email Dan Bates first so as to not waste too much time give him a heads up about some stuff and some areas where I might be able to help
SHARE ISSUANCE WAS TO SETTLE AN OLD DEBT
Info from shareholder who called Bates
Ill call myself after sending him an email.
No conversion dilution DEBT RESOLUTION
More info to follow shortly. I have literally been on the phone for 2 1/2hours
just got home emailed back
emailed both of you your addresses
I agree Frank!
It is time...
That is why we bring in the rocket scientists when needed here LOL ;)
Ok well good luck. Hope you get an answer :)
Well that is what I thought but couldnt figure the math or why it would be half unless it was a settlement to clear things up.
Well that is possible too, but doubt the landlord would take stock , since the price is not fixed. But you never know. Most likely resolving a convertible note situation. Someone posted that info here a few days back.
I am still at work now but I am going to email Dan later.
I am talking with a few other people to see if they know anything also.
Ill keep everyone posted. The sad thing is if I sell I just know the stock will go up and that this was something different. Happens all the time.
But bottom line is the darkness is about to end. And I keep my promises!
I do not know the answer...
We need to find out what the shares were for.
Of course the gut feeling is always this sucks , run for the hills. But why be in court blocking a dilution and allowing another one. Unless it is part of the plan, or maybe they approached FIFE for working capital. Who knows. I think in being dark the issuance would only be part of a resolution of a debt or something.
Gonna check the court case but the pressure is going up on people now, just has to you cant have this type stuff going on and not get concrete answers.
The sad thing is it could be terrible news, or a step meaning very close to good news. And people can make the wrong decision without information.
Just to explain the .0999 thing. FIFE is maxed at 9.99% of the OS stock. But that last report was based on March 2016. I was trying to figure out if the 9.99% of the current OS stock matched the increase but it does not. So it could be any number of things.
Money is only made if someone sells the stock of course.
Right now we do not know who this was issued to or why. If it was part of evening up FIFE to finalize an agreement to cancel the convertible note or what. Or if it is in fact something else, like settlement of the note in
the court case or partial etc.
But really unfortunately, the time for waiting is over. People need answers and that time is now.
We actually do not know. The report was based on the March 2016 0/S . It is possible they are wrapping up all these convertible notes to the correct O/S stock now.
Figure .0999 times the old O/S before this add. Then subtract what you had for FIFE on that report. I think that is what is happening but have to run to bank before they close at 530 will double check
I confirmed the info provide by Rock and Smilin is correct.
Most likely part of the FIFE stuff that happened recently. But unknown as of now.
Time for action no more waiting..
Im here :)
Been catching up. It is like a chess game here where the next move is Dan Bates move.
Working on an email to send to him and and article on ImpactPPA since I had some good uptake on the prior things I wrote.
Looks like we are in the same boat here with strong bids of almost 40 million shares.
I messaged you to respond as well but also to state on the board..
Word is that a bunch of the debt has already been cleared from a conversation someone here had with a party in North Vernon. We also see the town note was forgiven between the agency and the town not sure if they wrote it off to Windstream though , but that might have taken place.
ImpactPPA might go public, have a combo of token raise and IPO. Windstream also might have financing for deals through 10pwr.com
In a conversation I had with the attorney I mentioned warrants for investors. If this thing hatches with PRs, even if working on everything else its market value will rise so much that the gains alone will create the wealth needed to fund it. Just a rise to a few pennies creates 100 million in market value. We do not know if anyone bought back stock and do not know exactly where everything stands but the last intel we get seems to be trending very positive, moreso recently than a month ago.
LOL no !!!! Ill be under the blimp, pushing you all aside for the airdrop ;) I have lots of experience at hockey games under such blimps ;)
People have more solid info here than on most OTC stocks. Lots of negotiations, contracts, money raises and things going on which to a certain degree require no conflicts of interest.
Anyone that has spoken to Dan or message with him can tell that in recent weeks he has seemed upbeat.
Complaining daily about perceived slights or implied bad news does change anything.
We should see the stock level out and start to move up a bit which should make it easier to cope with.
Some patience is needed here. But I can tell by looking at other OTC stocks the game is usually fake PRs about huge things and then nothing to follow up with . Dan has a different plan. Hatching this thing with solid news and funding. We know the business is there, we know people are interested, we know money people are interested and we have solid evidence of almost every aspect of this deal.
1- We have a white paper listing Windstream as a partner, along with a 186MW of power projects
2- We have videos showing Windstream installations all over the world
3- People have had conversations with Dan and emails/messages etc where he said a solid plan was coming shortly /soon
4- We have info from a WSTI engineer installing product in India
5- We have seen the demo of the ImpactPPA app and how things work
6- We have seen that despite all the negativity the stock is up 700% over the last few months and seems to have stabilized. Remember this traded at NO bid for a long time.
7- We can see Towermills going up. On that video they talk about 1000s of them needed in one area . Those are windstream products.
8- We have gone over numerous scenarios here so we know where potential valuation could be. It all depends on the deal how much if any new money is raised on the WSTI side. Best would be if ImpactPPA raises a ton of money and WSTI just re-hatches.
I have never seen so much solid, real DD on any OTC stock. On other boards people are chasing disney juice boxes and CEOs that tweet stuff who cant spell.
There are no guarantees on any stock and all sub penny stocks have high risk. You play the multiples in value move with low money to be safe. Never put mortgage money on these plays. Its not easy to wait, and watch but those are the plays that often have the rewards.
A while back another ticker with a blown up toxic structure had a 630 bagger run. You can have a bunch of losers and one or two of those and do really well. If this hits 6 cents it will be 600 bagger off the .0001s
If another 2 months goes by and we still do not hear anything, and the stock languishes then we can turn up the heat a bit if we have to but for now I believe everything is on track and we are in the loop and patience might be ok for now..
Good luck!