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Definitely a shout out to ya....love it.
I CE GREEN TODAY! NICE NEWS
If I remember correctly, there maybe a couple folks head to get $SECI tattoos once this thing starts back trading...Lol
Very likely that there are only 50k left to be traded. Just based on the people posting on this board it seems we could be getting close. Then add those who own shares that don't follow the message boards but probably will start following after tomorrow, I think we lock down 50 k easy....LOCK THE FLOAT
Lets give it 48 to 72 hours and see what takes place. If we get no real news and the can gets kicked down the road the smart play is to avg down then hold. I am just really expecting a positive outcome from the summary judgement and not really needing to do that....but that is just my opinion. Good luck...
good question... Every trade has a buy and a sell to complete the transaction. MM's are the one who get to decide the way they want to classify a trade. I have seen my buy order for DRUS get labeled as a sell. It all depends on the picture they are trying to paint.
It would be different if we were talking about a large amount of money invested...but with only 600 shares my bet is on the CEO and SECI for the win.
I still feel like I am holding shares that have more potential upside movement than downside movement even if it fell back sub-dollar. RISK VS REWARD I'm all in!!
Nice.....I have viewed this play differently than I do most. It has always been about the case...passed on profit taking...although I question that decision often...it is the sincerity of the CEO and his quest for justice for the shareholders and those who lost so much over the alleged theft of technology. I don't know why....but I trust that he has a plan and I think he makes calculated moves with the shareholders best intrest at stake. We will see if my judgement of his character and intentions turns into a win for $SECI and its shareholders.....I truly think that we will be very happy with the final outcome whenever it comes....
Thanks. Small compared to most I'm sure but I am glad to have them. Do you have any idea when we get an update on the hearing? Friday evening, over the weekend or possibly Monday.
Holding 600. Would have dumped already if I wasn't in for the long haul. $SECI
So the telephonic hearing is scheduled after the market closes this Friday. I would assume it may last an hour or two tops. When do you think we will actually get info on what took place in the hearing. Obviously we can watch the board for this news as it seems to make it here fast, but is there another source we should stay tuned to as well for this decision?
Kinda doubt the CEO takes to twitter..lol..but I could be wrong.
Please update us on your total for the share count you get from the board...thanks
I can't argue those numbers. I understand the theory. I think 12× was used to describe your take on how much more expensive the shares were with all things consider. Can't deny the negative impact dilution has had on $DRUS. I get it. Maybe my line of reasoning is to simplistic, but it stands to reason that when diluted shares dry up which they should very soon and $DRUS has a few months without the downward pressure of dilution that PPS will be affected positively. If your numbers are correct you could look at it as having at least a 12× upside. We shall see.
NO MORE NOTES WILL CONVERT THIS YEAR!!! Take a second to consider what a note is please....ok then....a note turns in to shares which are then sold and they drag the PPS down with it. Just like today when they dumped roughly another 7 mil shares in to the O/S. Now that is assuming Avg. Trades are dilution. For the sake of the conversation I will continue to assume they are. Monday 7mil + Wednesday 7mil= 14mil in just 2 trading days. The last note only converted to a little under 20 mil shares. So they have to be drying up. If those Avg trades and Ttrades exceed 20 mil then its simple...those trades are not dilution. No doubt the downward pressure continued today. But with diluted shares running out the PPS will recover. We shall see what tomorrow holds. $DRUS
I do. Stakes are a little higher but absolutely nothing else has changed in why I bought in here. It was all about the potential upside. That upside has not changed.
It was the dilution screwing shareholders.
Now that those diluted shares are drying up the outlook for shareholders is getting brighter by the day. So be happy for the shareholders because there are no more convertible notes this year. Good luck..$DRUS
Getting close....$SECI
No problem. Hudson Integrated did an amazing job on it.
Yes Sir. Website is up and going. You should take a look for yourself.
https://www.droneusainc.com/ It should definitely help drone sales.
NO MORE CONVERTIBLE NOTES THIS YEAR!!!
$DRUS dilution free=$$$$$$!!!!
$DRUS no more convertibles notes for the remainder of the year. Diluted shares almost gone.
Sound like a great plan. That would be an amazing entry PPS. Good luck Ojack.
The basis is simple... $DRUS before dilution= .25...$DRUS after dilution=.0039
..$DRUS dilution free once again= grossly undervalued at current PPS.
If the no convertible notes for the remainder of this year holds up and all that is actually in front of DRUS and securing its QB status once again is the little bit of debt in the 3a10, then consider QB status a done deal. And that means holding .01 for 10+ days...I understand.
Said it before and I will say it again. $BYSD is making all the right moves as a company. Building a foundation to sustain future success in a market that is growing exponentially. Add to that the huge deal with FGC and its expansion, this stock is a sleeping giant. When it moves...I honestly think it breaks all time high. True front loading oppurtinity slipping away.
Nevermind...you are correct Sir..wink,wink...I need to load more shares before the word gets out...lol
Correction....Dilution was huge in $DRUS...those days are ending very soon if not already.
NO MORE CONVERTIBLE NOTES THIS YEAR!!![/b kinda has a nice ring to it doesn't it. If 3a10 is all that's left we are about to really start loading for a bounce. Seems like back to p ennyland we go....DRUS still way undervalued. A .25-.30 cent stock at .004!
In a month we will look back and kick ourselves for not buying every share we could get our hands on at these diluted prices. Time to load once again folks. You will see. I am very careful about making that prediction but I do believe a dilution free DRUS is a money tree at this PPS.
Could you elaborate?
It seems to me that the 3a10 debt (which is huge) is having the management relentlessly increasing the OS, destroying the pps
No more notes converted this year is a huge deal. Been researching the 3a10 disclosure. Still haven't made my mind up on how to interpret it.....but if Hart is telling the truth...it is at company discretion anyways. Our time is near OliverJack. Think we have pushed through 95% of the diluted shares already. We will see in the days to come.
Just got a reply from Hart.
Yes it was the last convertible note.
However the company has disclosed a 3a10 plan but its up to their
discretion, not the holders.
Stephen Hart
Head of Capital Markets Advisory
He said 3a10 disclosure is in the SEC filings. About to try to locate it.
Waiting on a reply. I went straight to the point. Leaving no wiggle room. We shall see.
7 of the 20 mil was dumped yesterday...I realize the whole T trade/Avg trade debate of wether or not it's all dilution, but for the sake of this discussion we will concede and say it is. It would be nice to have those T trade numbers from Sept 17th til now...
Surely I am missing something....lol. Sure would be a nice change if I wasn't and we actually got the opportunity to trade minus dilution for a change. I guess I will email the riddler for verification.
I reviewed financials and did note see another note. That does more mean that I didn't miss it. I also reviewed the posts from that time frame and all I could find was post saying that not that finished conversion to roughly 20mil shares would be the last note this year. No t trades today. And no avg trades. Maybe that 7 mil yesterday finished it up.
I thought so...but maybe I was confused with the conversion process for the march note thinking it was a new note sorry. Just getting in from work....I will go back through financials and double check. If anyone can clear this up please do. Thanks. If I misspoke I apologize.
No...but I have learned to take what he says with a grain of salt. Or maybe I should just shoot ya straight and say I just don't believe shit he says. He is like talking to the Riddler or something.
Item 1.02 Termination of a Material Definitive Agreement.
On September 11, 2018, Power Up Lending Group, Ltd. (“Power Up”) issued a conversion notice to convert the remainder of the $53,000 convertible note dated March 5, 2018 (the “Note”), into 19,875,000 shares of the registrant’s common stock. Following this conversion of the Note, the balance owed on this Note is $0, and as such, it will be cancelled and returned to the registrant as paid in full.
Looks like I was a little of factoring the amount of shares.
$DRUS MOVES NORTH SOON WITHOUT DILUTION TO HOLD US BACK!!!
My point is Sept 15th was note conversion complete. This means they were turned into shares to be sold. That note was for roughly $53k. It was factored on a 35% discount of the lowest PPS between Sept 1st- 15th which was .0039.
.0039-35%=.002535
53,000÷.002535= 20,907,298 shares
So for conversation and miscalculation sake let use 21 million shares from the last note. Since we are told Ttrades and Avg trades are dilution and I have no real reason not to believe that its not then our diluted shares may have very well dried up yesterday.
21mil -7mil= 14 mil
So between Sept 17th and Sept 28th we should only have to come up with roughly 14 mil in 10 trading days to tell us exactly were we stand on dilution. If anyone has the ability to go back and pull those numbers I would greatly appreciate it. Thanks