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Did not think of that either. Any one else catching the misspellings in this legal doc? So what does this all mean? Especially the part about
"The Board of Directors of the corporation shall have
the right to divide the common stock into series, establish the number of shares for any such
series, and determine the qualifications, limitations or restrictions of rights thereto"
Does this mean they can arbitrarily change the status of the commons to whatever?????
And commons have no cummulative voting power meaning he holds all the cards on any vote. lmao, this guy is a beaut.
On on that, all you can do is flip, flip, flip with any MMG promoted stock. Never hold.
This is just another in the long line of classic MMG fiasco they are famous for. Why any one would buy into this is beyond comprehension with all the info available on them. I'm a bag holder for over a year, and this is my first and last MMG endeavor.
I wish they'd get after me. I even emailed my info to them a while back. But no, they do not even go after the naysayers well. lol
Exactly. Fridays tips are nothing more than a hype pump. And they won't fly now with this.
Has any one tried to call King Clown Ken or any of the other court jesters at the office? Or by email? Any answer or replies?
oh there has been fraud. No doubt. Starting with the bogus PRs using BP in them. This is one of those times that you just have to walk away, hoping that Karma catches up with these SOBs and bad things happen to them. And it will. I am in one now that the fraudsters who were running it are going to get torn apart and share holders will be golden.
Me either! woo hoo. Can't sell what you don't have. Way to go Ken. Thought we were going to get updates since it was in the TAs hands now. They must be uber busy with all the volume and just can't get it done. We NOT good.
Finally some one else who gets that these message boards do not sway the daily pps. So many think that it is the driver of these price swings.
RIMM ouch. I am a Blackberry user and fan. Price target changed fro 80 to 35. Sure hope this doesn't go the way of Palm.
OOHHH the Royal wedding is so Beautiful!!! (said thru my nose in my best bronx imitation I can do) lmao
Best not to many people do that. Last year this was one of the main reasons that SKGO went underground. They claimed that there was to much negative investor sentiment.
Wasn't able to hear the CC and am getting bits of it from here. Why do they need the share count? Sounds like this is a go next week.
Go back a few months and see it's been talked about. This is a dead issue and there is nothing we will ever recover. They have all resdy striped this of the only thing of value, the fluidizer. So were screwed.
We're paying 4.16 up here in Michigan. Stations are starting to dry up with customers. The old folks just won't be driving as much, and kids don't have that kind oif cash. Getting kind of scary when the CEO of Walmart says their customers don't have the money to shop like they used to. That right there tells me round 2 of this mess is about to hit.
Well depending on where you bought, if you're all ready in deep, then let it ride. I am. If you got a small loss or profit, well that is up to you. If there is ever any news which is good, I would rather chase for a few pennies. Just me though.
Fink thanks for the input. I might just not hold 10% of this like I was thinking. Just be better to let it die and be done with it.
No one knows for sure where Ken is. Some say in the field, some at home working. Still no word on RR. And no BVIG share distro. Right now I consider the whole thing FUBAR'ed and nothing more.
Well for some it's all We Good and for others a turd going around on the flush down. No one knows for sure. All I know is it went from .25 to where we are today. So you be the judge. lol
This is just a repeat of last year at this time. All MMg did is create a new set of bag holders. Welcome one and all to the club. See you all again next year when membership is open again.
Yep, and seems like there is a lot of those rues that apply here isn't there?
I do believe Centa answered the question of when news would be coming when the said after clearance from the attys. Nothing more will be or can be said until then. So for right now that is good enough and they will let us all in when it is legally ok for them to. ( and every one knows attys work by the hour, so I expect it to take a few days)
Care to wager a 100 shares of QASP on that? Wings will win in 6. As our famous Sp@t would say, Take it to the bank!!! lmao (sorry to ruin that dream you had going)
Not much, but I am not going to be holding much here any ways. But there must be some thing in the plans for this shell when it's finally rid of the dead weight and history. Thought I read some thing where he said he did have some plans for this down the road. I can't remember specifically.
T, I will hold a few shares here after my switch to Cent. This has to have some value, and with Owens at the helm having a majority of shares, he isn't going to throw in the towel and give them away. He has some thing planned for Q, just don't know what it is.
Exactly. They man behind the curtain has sailed away in the balloon and left us bag holders here to look up and ask where'd he go? lol
The truly sad part is, with the loyal longs here, if Ken would just come out and say this is what we got, this is what we need to do and this is how were getting there, most would be fine with it because of the properties in the stable. But this silence is the most direct form of disrespect that can be put to us.
This is exactly what happens when you get a bounce play. Now the profiters are taking the money, price will go down for a few days, and then another bounce. Rinse, repeat and do it again. All the while Ken is being nominated for saint hood and brilliance in exploration. GGGRRR, this is very fast approaching the infamous scam/pink slime that the pink world is known for.
Why? What has been released that makes this more valuable than a week or 2 weeks ago? This is the same company as then. Nothing has changed. Bounces happen in all stocks at some point. For any price increase to hold and continue up, KATX needs to back it up with some good news. In other words walk the walk, not just talk the talk to use an old saying. Until then many will remain skeptical and non believers.
This one goes out to all those who don't want like QASP!
Guess we all wait for the details this week. sure will be nice to know all the details.
Guess we all wait for the details this week. sure will be nice to know all the details.
I believe that if they are restricted, they can have what ever time limit you want on it. 30/60/90 days, 6 months, what ever. Having them restricted is cheaper and less time consuming for all the filings. You can also contact your broker and have the restriction lifted for a small fee, some thing like 70 to 100 dollars depending on the broker and circumstances.(as I understand it from another stock I am in doing a share distro for share holders)
Thanks for the explanation on that. For the regular retail investor shorting penny's just isn't worth it. But for these types of people, I am guessing that doing that is their bread and butter. Not to mention any court rulings that hurts them. Were all looking forward to that. I hope they get caught hanging and this costs them a small fortune. Lots of people like me have held Q thru thick and thin and it is finally looking like a payday is close.
Nah, just flip me on my side and roll me out! lol
Some thing that is missing in this conversation is the legendary huge short position JPM carried for quite a while. When JPM started to unload and cover all the short silver they had, that is when it started to gain traction. Amazing how it now runs with out being held down. Just some food for thought. And I am an uber bear. And none of the fiscal policy Ben Bernake and the fed or Timmy g have going is going to end well. This weeks bond auctions will officially put the US 4B above the debt ceiling. But really, they make the rules, and rules have no meaning where money is concerned. Case in point, pink sheet stocks. GL
Nope, all goes in at 1 sitting. I am greedy that way. And I don't share. Hoping this does all work out for us on Q. We deserve it after the ringer we been thru.
Oh damn, big Idaho baker, loaded, salad and throw a lobster tail or 2 on there. Yep, Owens is the way to go. Lost my head for a sec there. lmao
lmao, well where I am from we either have ghetto steak(bologna) or t bones. But I want all the trimmings that come with it to.