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Oh believe me, you'll still be here in 6 months saying "It's close, any time now"
They had their time fooling me. Damn near a decade. Your turn. LOL
There is real money to be made, unfortunately it is not in silver. Sorry
I will revisit this post in 2 weeks, 2 months and 2 years.
Fact is we're down another 12.5% today..........
Sorry. I know you can't read sarcasm, but that post was loaded with it.
There has been nothing but fluff news. Somebody recently mentioned that Zach has been focused on Rockhouse live and VNUE has been a side thing. I agree with that.
There has been lots of promises and not any follow through here and that is why we are where we are at. And unfortunately this will continue without follow through. Down down down.
In that video he says he will answer questions that he has received. LOL. Those were political softball questions. Of course he totally ignored any questions of any substance.
It's getting old.
But he does not care what we think and he has said it numerous times. Marathon. Blah blah blah. Then why say crap like 7 figure funding and show 450 units that are supposed to be deployed months ago? Or say OTCQB? Or say radio stations?
The only thing that has been built so far is the restaurant and that didn't even have SoundSTR built into the dang thing. Lots of confidence and support there eh?
We're almost half way through the year already......
I mean, I love the team and the history of the team. I love the potential. He says the right things and then nothing comes to fruition. Almost feels like any other scam OTC stinky pink. All talk and promises and no follow through.
He did give an update:
I don't know if anybody caught this. Wasn't mentioned.
Where is the uplisting? Well if you read this PR:
https://www.prnewswire.com/news-releases/vnues-largest-creditor-converts-963-000-of-debt-into-equity-301292824.html
You will see it says this:
"The move significantly strengthens the Company's balance sheet and liquidity and places the Company in a much better position for its objectives, including the Company's current efforts seeking an uplisting to the OTCQB trading platform."
What does that sound like to you? Sounds like the company wasn't in a position to uplist. There had to be a hurdle. Like debt. Maybe more.
Perhaps they did apply. But there was a problem.
Now I feel, as a shareholder, that those things should be addressed and announced. WE SHOULD be kept in the loop on progress and obstacles. Not ignored and lied to.
If there was a problem, report it and address it.
So how much better is VNUE? What is meant by better position to achieve? Was it not achievable? Why not? How are the current efforts progressing?
Eh, maybe I read too much into stuff.......
Yup, my account is being fooled. By hundreds of thousands of dollars.
Still holding, buy when there's blood......
I guess because I'm still holding I'm a "investor" and I haven't lost because I haven't sold yet.
Well why is my account down several hundred thousand dollars? I guess I'm not losing anything..........
I had 50 million shares of this thing and fortunately I sold a few times and I have done well here. There is always a risk in OTC stocks. You have to know that and try to keep emotion out of it.
I am still holding a significant load here and the balance is taking a hit.
Too many promises with no follow through here. Ever since the video of the 450 units in the warehouse.
And they have diluted shares as well:
2-22-21
6-07-21
If they are getting all this money why are there more shares? 58 million shares....
Too many promises and not enough follow through or communication.
OTCQB? Was it ever really applied for? Where is it? Does this fall below .01 before it is even uplisted?
Where are our progress reports?
Ugh......
Charts don't matter in a manipulated market.
With the flick of a switch they can dump trillion ounces of paper silver into the market. How do you chart that?
Investors are losing more than just interest.........
It's moving that's for sure. The wrong way, but moving.
What if the people controlling SLV (Which is not silver) Allow retail to move the price of SLV up a little. Then they short SLV. Then they create billions of ounces of paper SLV and dump it into the market SMASHING the price down. Retail piles in and buys their shorts.
The powers that be have complete control of the silver price via paper contracts of SLV. They have an unlimited amount of SLV they can create. It is open ended. They can create TRILLIONS of ounces of paper SLV contracts and dump them into the market to suppress the price of sliver.
They WILL NOT allow the price of silver to rise until the very last ounce of silver is taken out of the ground.
https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210603
Here are the amounts they used in Feb during the "Silver squeeze":
There are 5000 ounces of silver per SLV contract. In Feb they were using 2 billion ounces in a day to suppress the price of physical silver. The amounts they are using today, 100,000 contracts or 500 million ounces of paper SLV is easy to achieve. Actually it is just as easy to create 5 billion ounces of paper SLV as it is 500 Million. Same button. Even a trillion.
Wish in one hand, shit in the other and see which hand fills faster......
I just want to know what is being done with the million dollar funding.....
I'll hold my physical horde just in case. Unfortunately there are no profits in buying silver.
They will manipulate the price until the last ounce is pulled from the ground.....
Most people want to get into a pink OTC stock in the trips. Certainly way below .015. We are stuck in a place where OTC investors don't want to touch it because the massive quick returns are already gone, and the large investors aren't ready yet. OTCQB may remedy that. (Where is that by the way?)
The recent move was simply due to the fact that the stocks charts (Stochastics) were oversold and people knew it was a buying opp. This time they wouldn't even let the charts get to overbought and started selling off early. Looks to be on the way down again.
I'm afraid that if none of the promised news that has never come doesn't start coming, that the stock price goes low. Lower than we've seen in a while. I hope that this does not jeopardize the uplisting.
We have been promised a lot of things starting with the 450 units in the warehouse. Those never shipped did they? Then the big funding news that never happened. We have gotten fluff news releases and no real progress or guidance.
The reason the price is where it is, is for those reasons. Hearing that SoundSTR works isn't enough.
Where are all the contracts? Where are all the potential investors we've been hearing about? Where is the uplisting? Where are the contracts for using the SoundSTR tech? Where are the 450 free units being shipped off to? (Radio stations?)
The reason we are treading water is because large holders like me and some others here are holding strong. But how long will that be the case?
We need real progress updates. I'm just being honest here. Been here a long time. Holding strong. Just need some of this progress we all believe is happening.
Hope those 450 units aren't collecting too much dust.....
As we know and Zach will learn, these OTC stocks are news driven/progress driven.
People in the OTC move quickly. They chase the stocks moving, and moving NOW!
If there are no news releases and there is no progress, I hate to say it, but we go down. Even if the charts are already down.
That is why people are on his butt all the time to release news. He may get tired of hearing it but that is the way it goes.
If he does not PERMORM and release news the stock WILL go down. PERIOD. He will lose the OTCQB status before he even gets it.
The price will not simply tread water in the OTC. And apparently the latest fluff PR didn't do the job. The market will determine if the news is worthy and the price will reflect it.
it is what it is.
Let's see what the shareholders and market think of the update.
The stock price will reflect the news and value.
It is what it is.
Maybe he didn't even apply for OTCQB. Maybe he needed the money first. It obviously shouldn't have taken this long.
I agree. He can apply for OTCQB and make all the promises in the world. Results are what the stock price reflects.
The longer he promises things and doesn't follow up, the price will continue to fall.
And here we sit......Going lower all the time.
He needs to be responsible and update shareholders of progress and status. Otherwise the trend will continue.
Shit in one hand and wish in the other. See what hand fills faster.......
It should be over 1000 dollars per ounce right now.
But they'll never allow that to happen.
They will manipulate the price down via paper contracts until the very last ounce is out of the ground.
LOL
Doge coin has a market cap higher than Ford.
Doge coin is a joke.
Have you paid any attention to crypto market caps?
https://coinmarketcap.com/
If this coin ends up being convertible.........
I guess we'll see.
" All these pie holes work together!! "
Ya think?!?!
Starting to get the picture yet?
The banks and corporations run the show. They will not let the price of silver run until they has dug the last ounce out of the ground........
Since I quit stacking silver I have made a very good amount of money in the market. I sacrificed a lot for silver. I gave up a LOT! I preached the fundamentals of silver for a decade! I swore that the system was going to collapse and that the price of silver was going to go to $1000 per ounce......And that was a decade ago already. Nothing has changed.
Same people saying the same things. Different heads of the Fed all saying the same things. New bankers replacing the ones that have jumped off buildings, all saying the same things.
They have it under complete control.
https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210504
May deliveries will go by without an issue. Then what? July? LOL.
What did you think of the .80 cent smash yesterday?:
https://www.bullionvault.com/silver-price-chart.do
They have to smash the price down so they can fulfill their deliveries at the contracted price.
Wash rinse and repeat. LOL And I'm the bad guy......SMH
Well, I hope this isn't the funding he was talking about......
I'm sure there will be more news soon.
OTCQB uplisting would be nice to alleviate any concerns about dilution.
This is a nice investment. They wouldn't invest a million dollars to simply dilute it's value.
They know what they are investing in.
Let's see how far a million gets Zach. Hopefully this is just the beginning. Hope there is more funding news soon.
What dilution?
Where is there any where near the volume to substantiate?
https://www.otcmarkets.com/stock/FPVD/security
Does this trade like there is 158 Billion shares floating around?
Todays volume was below the average of 17m shares trading 13m shares.
Does that volume look like a company that has 158 Billion shares floating around?
Where is this massive dilution that you are talking about? If there were 158 billion shares floating around this stock would be at trip1.
There is more going on here than meets the eye.
Maybe now would be a good time to buy. Ya think?
Stochastics at 11
RSI at 31
We are oversold in many charts. And notice that the A/D chart has been holding steady? More proof that there has not been this MASSIVE dilution you are talking about.
This is a patience play.
Something big is happening here and well see in the future what it is exactly.
Yup. Thin. In both directions.
I had a hunch we'd see something today.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163466737
Interesting pre market MM action. I wonder why? They always know before we do.......
I think something is coming soon.
It was May, now July! LOL. Just like it was Dec and Oct before that. And 2020 before that. And 2012 before that and 1980 before that.
They will NOT allow the price of metals to move. The miners are still mining. The stuff is still coming out of the ground and it is still getting to the contracted "Customers." The only people being fleeced are the idiots buying it 10 dollars over spot! The Bullion salesmen are laughing all the way to their yachts!
Nope, I'm out. Revisited to see if anything has changed and it seems they are still in the exact same place as when I last checked.
I think they really made a push prior to the Corona. It seems they just gave up.
That's great. Why can't I add it to the cart?
And where is this?:
Still can't buy off website:
https://nomoresharps.com/products/sandd-mini
What gives? Can't get batteries for what, 6 months now?
I'll bet a roll of eagles that doesn't happen.......
The "Customers" will continue to get silver at the manipulated spot price:
Here is what I think they are doing.
They keep talking about monetizing the crypto. I've been in crypto since nearly the inception. It is no biggie seeing crypto structures in the billions and trillions. Let's look at Doge coin as an example here:
https://coinmarketcap.com/currencies/dogecoin/
Notice the total supply. 129 billion. Let's keep in mind that the structure for Bigtoken is going to be 158 Billion.
Now here is my guess as to what they are doing.
So far there have been 2 markets. The crypto market and the stock market. At this point you have to sell your crypto to convert into FRN's and then buy stocks, and vice versa. What if they were creating a crypto that was ALSO a share of stock?
So in my mind that would be monetizing the crypto. Not only would you own a crypto coin but you would also own a share of stock in the crypto. They would be linked/tied together. It would be brining the 2 markets together into one. First time ever.
That is why you would see this share structure:
https://www.otcmarkets.com/stock/FPVD/security
It is unheard of in stocks, but very common in the crypto plays.
What other reason would they have a share structure that high and a AS that high. Again, very common in cryptos.
Look at Doge again. It's .27 cents.
Now imagine if there were a crypto that you could buy but it were ALSO a share of stock? What would the demand be for a crypto/stock that crossed the threshold of both markets? It would be monetized! The only crypto that would cross markets.
The demand for the crypto would prevent the price from crashing. The people holding the crypto long would cause the price of the stock to rise. The market caps of crypto plays are ridiculous. I could envision the price of Bigtoken going to a dollar or higher. Could the demand for Bigtoken and its tethered stock drive the price to 10 dollars?
Now this is just me speculating here, but if this is the case I see HUGE things coming for the price of bigtoken.
What do you think of this idea? A combination of crypto/stock?
I think this may be what they mean by monetizing the crypto and it would explain the share structure.
What say you?........
If silver is such a great hedge against inflation why was the price of silver 20 dollars in 2008 and only 26 today?:
https://www.bullionvault.com/silver-price-chart.do
Silver is not a hedge against inflation. It is suppressed and manipulated.
Here is where to see the suppression and how they are doing it:
https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210421
You will see massive smashes before the May deliveries to get the price of silver down to the contracted prices. You'll see 25 and most likely sub 25 in the next 2 weeks.
We?!?! Have you ever even owned any of this stock?
Only seems to be one purpose for you being here and it isn't good.
If you don't believe in the long term success of this play, leave......
Nice job. People that are initially looking to invest look at the Ibox to help with DD along with the stickies.
Looks better. Thanks
I'm guessing this goes between 80% Stochastics ($9.09) and 70% RSI ($10.91)
I'll take either one.
I'll keep the 70% or 700% or 7000% gains for the OTC stocks. lol