OTC stocks are fun to trade but please do not buy or sell on anything I might post. Just fun money here.
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Filed an NT...so maybe missed that.
Big problem is they will need - no matter what - some way of clearing out the notes. The easiest thing for the company was the increase in A/S. Having shares available to cover notes is something they can't get around...unless they come up with a loan. One would be hard pressed to find a company to lend GDSI money when they have no revenues and this deal fell through. If GDSI and Rontan jointly announced the deal was a go then you'd have something to work with. I'm guessing it's why we haven't seen news of the removal of the A/S increase - CEO knows he needs it. IMO.
That way you were touting this stock on .00 stocks this week? interesting.
I hope things work out for you...here or somewhere else. No...I don't suck at this - not so far at least.
Thing is...when you first went into this...there was not (and still is not to date)any evidence of Winters' skills or vision.
You can't possibly look back at how he handled the marina situation or the notes and say he did a credible job. He was - and is probably still - over his head here. He just floundered around pretty much and posted here things that turned out not to be true. Same thing on twitter. You just can't post things he did without knowing all the facts - and he didn't; he didn't even appear to try to want to know them.
No doubt. Perhaps the number one takeaway here is that when you see a CEO pumping his own stock on IHUB...run away!
The unpaid notes - the ones we know about and any we don't - do not go away one iota with the R/S. They all have provisions to protect them vs. a R/S. So as soon as this had any bid whatever...the machine will be turned back on. Hi-five Winters.
Tuesday morning you'll have 18,571 shares. The rest is a guess...but an educated guess would say this company isn't here w/in a year - BK.
One of the reasons this went to no-bid is that "no one cared about the former shareholders". True, most were not crazy enough to put six-figures into a penny stock. Still, their few K investment mattered to most I'm assuming, since most people don't flush $ down the toilet. Too many OTC scam CEO's "could care less about what people like them thinks."
No other CEO of a public company would make a deal with Winters. Why would they? If they're already public LIBE can't add anything to their bottom line and it's not like Winters is an asset in a management role. So then what? They're not public - you would likely look for a low float shell versus trying to RM into this dog.
you think a savvy investor will put more money into anything ran by Winters?
There are no rumors here. How many false rumors has this company put out...I think Winters hinted at 3 before this went to no-bid. The only sure thing is that when you wake up Tuesday morning you'll have a whole lot less shares than you do this Friday.
Except there's not one shred of evidence to suggest that's true.
I guess that's why someone bought $100 worth of stock today...so after the 1:3,500 reverse that one million shares will become...a whopping 285 shares. Call Buffett now.
This analysis on this stock is false. Good luck.
You're talking what less than $11,000 in trades today maybe? Not enough to judge sentiment in either direction. It's big money flow days that matter of course. Heck $10k could be 2 or 3 small traders wanting out for another momentum play.
Wow...not one post in almost a day. Not even a pump of any sort.
What stock? You'll have 1/3500 of what you held in just a few days. And lots to love about a CEO who takes his stock to no bid. Yup...this is the next Berkshire Hathaway.
Yup...in a couple days this is going to go right to 35 cents lol. Then back to no-bid in no-time unless Winters can scam a few more suckers in.
I'm not sure of the time table or what the schedule would be for them to submit the application for review to the FDA for use here. That would be the kind of news that could make all you guys very happy.
If it makes you feel better there was one sale of the Guard Lite. I'm told it was the power source behind Hillary's private email server. Glad it worked.
I have a sneaky suspicion that part of the 1/3500 is also to get rid of the smaller shareholders here who are...you know...always looking out for their investment.
There's an easy reason for the R/S...he hopes this will maintain a bid so that he can issue some of the 10 billion A/S he'll have; that is, he can entertain whatever crazy new idea he has plus sell enough to get his salary. Not complicated.
I know you lost a lot. No way Brian was walking away when he could continue making this salary on no revenues for the company. And it's not like he was delivering anything of note. How many times did we see him here asking shareholders to pound the pavement to sell his Guard Lite? How many hours did he waste on this board vs. getting on the phone or going out to the marina to take care of business? No...I can give a pass to anyone who is working hard but to demand the kind of salary he did given his efforts here...not so much. Heck, he could not even...apparently without great motivation...even get a picture of the one GL supposedly installed. Not to mention that he went about resolving the note issue like a novice. I don't blame him for "finding" a note that he supposedly knew nothing about but as soon as he did he should've paid an outside auditor - even at the expense of some of his salary - to do a complete audit. This company didn't have to go to no-bid. It was Winters not being upfront with shareholders that took it there. IMO.
Ok. I guess in the end it's whatever makes you feel good. But when the CEO lists a R/S in the filing kind of crazy to ignore it. It's not like people are going to stop reading with "as of March 31" and not notice the "expected by June 1".
But end the end why should I care also. His posting about LIBE will neither make nor lose me dollars. Winters has taken care of that for 99% of the shareholders here.
I think he's just lost so much money he's looking for anything. Probably had a lot of his investable assets tied up here believing Winter's fairy tales. It's sad and it's why you never put more than you can afford to lose in an OTC stock.
Yeah...except the next part where he tells u that it should happen by June 1 LOL.
On your side, though I'm still just watching here. Interesting play.
$120 bucks less commish. Well, Buffett should be calling your shortly for ideas.
makes no sense. they have to have more shares to cover the conversions. maybe will issue another? has to have shares.
but didn't he say he was going to significantly raise the A/S?
Well, not every company can have a world class product like Nacho Macho.
Nice exaggeration there.
The company's creditors can sell however many shares they want - with the state restrictions. Certain actions companies can't take while in the "dark" period - such as insider buys. People still using "dude"?
That's not what your last post suggested however.
Two would be violations of law however. Not that it doesn't happen. But you can't skip a filing because you want to dilute more or because there's good news coming - why would you do that? It's not like the insiders (to my knowledge) are accumulating shares.
They stated the reason for the late filing in the document.
No way this will be a "polar opposite". Did Winters get a new brain and CEO skills? What's going to change with him? After the R/S he'll have what 10 billion shares at his disposal. Without revenues what do you think he'll do to keep his salary and this game going? He'll dilute the heck out of this.
Thanks Captain Obvious
You'll get no further questions from me. Enjoy your week. Someone who can't name the party to a transaction he claims took place isn't adding anything here.
still waiting for you to name the company
If he wasn't the owner or CEO he couldn't sell a website theoretically belonging to new owners. The new owners would've owned the full rights to anything XHUA as a company owned. Stop pulling peoples' legs LOL.