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.
They still have eight trading days to deliver the news they promised during April. They had said "coming weeks" as opposed to "next week" so they are on schedule for the news they promised IMO. My only concern is what the news will be and how it will affect the PPS.
Imagine This:
I just had this thought and figured I would share it. Several weeks ago, Facebook bought a company that's goal is to create the best virtual reality headset imaginable.
http://www.oculusvr.com/
I was excited about the oculus rift solely for gaming purposes, but Facebook intends to eventually utilize it for users to virtually attend live events with sports as the obvious one listed, but...
How similar does this sound to Eyes On the Go's goal of immersing users in an experience they could only previously have had if they were attending the events they stream!
Once Facebook moves beyond gaming with the Oculus, acquiring AXCG to create the ultimate immersive experience only makes sense to me! Imagine seeing everything around you as if you were at a concert while sitting in your living room! This will be the future of entertainment IMO!
AXCG
I hope so. That's what I set my buy order to. That's the lowest I think it may fall before news sends it above the previous highs. Shares at .0011 would be a steal.
SRGL
Silver? are you saying this is going to run to a nickel tomorrow? lol.
I usually leave pumpers alone when I own the stock, but c'mon man. I'll be happy if it gets to five microns rather than cents.
EWKS
Nice volume today without news. Imagine when it hits? Grab the 1's while they last IMO.
EWKS
Does the O/S usually include preferred shares? I did not think it did, but I could be wrong.
240 MILLION VOLUME in the first five minutes! This is crazy. Wish I had bought some more. INAR
BOOM CITY 4s UP!
FINALLY. LETS DO THIS.
Looks like someone is either trying to buy in cheap or is short. Curious timing for random bashing otherwise.
Hmm. Hopefully the former because that means this will likely run soon. XGEN
Almost 9 Billion! I'm cancelling my order for 3s! I'm not buying back in until after R/S and declaration that dilution is over.
This should be 3s EOD with this news. Love this position, I'm holding for a very long time. AXCG
Cancelled my buy @ 4
I was hoping to get back in for one last jump before RS but this is getting too shady for me. I don't understand the need for a second dividend or the nonstop spelling mistakes in these investor updates.
I have my dividends so I guess I will just keep an eye on this and hope I was wrong so that they become worth something.
My Interpretation of The News
The filings are not easy reading and I may be way off, but here is my interpretation. I think LG Capital has invested in SRGL by purchasing ~19.5M common shares. That is the reason for the SC13G.
Everything else is just paperwork LG needs to file for their mutual fund and other investments in order to accommodate this move. Changes in the wording for their investors and how much they can invest in certain positions, etc.
Anyone else have any thoughts? Please let me know if I am way off. I tried looking at a few other stocks LG has invested in and the few I saw spiked up a few months afterward. One stayed that way and the other fell back to about where it was prior. Not too bad.
SRGL
Maybe they are just going to give the shares to anyone who complains? They are worthless anyways. Heh.
Either that or if we don't hear back from you I will assume they wanted your name and address so they could "silence" you. LOL
I love when new bashers appear for a stock. It always goes up hard fairly soon afterwards! AXCG
I use Etrade and for me, it appeared as another position in my portfolio but the only name was the CUSIP number.
When did you buy your shares? Are you sure you made the cutoff?
I usually try to stay away from flame wars on forums, but you were the one claiming I did not read the PRs even though I am clearly correct about the dividend being dilution and you were the one trying to state that we needed to hold our shares until March 31 in order to get the dividends which was incorrect as myself and others got them based on shares we sold prior to that date.
Don't throw stones if you live in a glass house.
It was only 2.8 billion about 6 weeks ago? My bad, I knew there was a lot of dilution, but wow. Doubling in six weeks is nuts.
Regardless, even 2.8 billion is a lot of shares to suddenly hit the market all at once. Particularly if there is a sizable reverse split prior.
I do have 50 of the preferred shares so I would love to be wrong. Hell, who knows. Maybe the PPS will be at $100 by then and these dividends will only dilute it to $50! LOL
You don't, but I was giving them the benefit of the doubt that the PPS would be well above .0005 in a year. Particularly after the impending R/S.
Ummm, No. I will explain in simple terms you might understand. Based on your other posts, that may be for the best.
I wonder what our dividends will be worth when the market suddenly gets flooded with 5 billion additional shares a year from now. On that day, we may have the fastest PPS drop in history.
So you are admitting that this company is untrustworthy?
WRONG I got Divi's for shares I had before feb 22, but did not have come March 31.
Patience pays off. In at 15 microns. I was a little worried I would not get in this low. I think this thing will be big.
AXCG
And how many of us were called dumb for pointing out the contradiction in their press releases? This gives me a VERY bad feeling about this company...
Ditto. I'm happily surprised because I had more shares in Feb. Did anyone who got in late March get theirs?
I'm not interested in small movements. This is my lotto ticket and I'm waiting for big news to cause a big explosion in the PPS.
...
...
...Plus I don't have any more money to throw in atm...
EWKS
I think your Caps Lock key may be broken. You should invest in a new keyboard.
See what I did there?
It's green atm. Please slowly step backwards off the ledge that you are all standing on.
All kidding aside, if someone in the company keeps selling shares like some have claimed then how do we keep ending back above $.03? It would be impressive to have so many interested buyers without news that it could hold the PPS steady in the face of a sell-off.
I don't admit to having L2, but then how did the price rise? Should it not have stayed at 1 micron if that were the case?
Or his partner in crime, Fahrenheit?
I almost miss the senseless pumping, but I guess it's hard to stay that positive in the wake of so much dilution. Honestly, I'm not sure how this is still at .0005 with so many billions more in O/S than it had only months ago.
Decent volume today so far. Seems like buying. Hopefully someone who knows something I don't.
INAR
I'm surprised there hasn't been a P&D effort here yet. But that is probably for the best. I'd rather this fly on legit news than a P&D.
EWKS
I picture it as something like
THIS
Where did you get that number for the float from?
Dilution causes flippers because they can keep buying back in when the company eventually dilutes the PPS back down after every increase. I've personally bought and sold for a good profit twice already.
I will stop selling if big news hits. But for now, I'm waiting for the price to tank in the absence of strong news so that I can buy even cheaper shares.
Without big news the PPS is going to keep falling, especially since they all but declared their intention to R/S.
No news specifically, but they recently updated their profile on OTCMarkets.com which a company that's been dead for years wouldn't do.
Also there has been a large amount of volume, as if someone in the know decided to load up.
I think most of us are hoping the company was bought, like other shells have been, for the purpose of getting into the MJ industry.
Reading comprehension 101:
The flipping is a result of the dilution. Not the other way around.
Vote Against A/S Increase!
I just finished electronically voting against the increase on the Allowed Shares. I voted For all other proprosals. I urge everyone else to do the same. I refuse to agree to share dilution. Multiplying the current A/S by five times is ridiculous!
For myself, I was able to vote through an email link from Etrade. Anyone else who would like to vote should look for something similar from their respective broker. ASTM
Then what does this mean?
"You must have the shares on or before March 31, 2014 for this year’s dividend."
It's straight from their PR. If this cutoff was Feb 21, then they blatantly lied. Which would make it difficult to believe them in the future. Personally I just think they are inept instead of intentional liars, but I don't know if that is any better.
Either way, I still think this has a few runs in it if they even do half of what they claim they will.
$TLNUF