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...into the hands of stronger and better equipped investors. Ha ha !
I love a good fire sale. Not even worried a bit. Perhaps you and your fellow pen men should be however.
$bcap. Like a Phoenix!
OS and float is what it has been for some time What's your point?
As a consolation to bag holders here... Come November there will be new referendum on the ballots of key states regarding mmj or cannabis legalization.
IMHO this is dead money right now so why be in a rush to secure a sure loss by selling to those 600+mm bidders that want your shares at .0001? Instead put in your sell orders and wait patiently for the stampede of sector investors that will arbitrarily throw money at all mmj plays in the months and weeks leading up to the election.
All IMHO
GL
They are all past due. That is why there is now a stop sign here on markets.com
http://www.otcmarkets.com/stock/Righ/quote
I would not be looking too far past the failure of one eye patched, peg leg CEO for the reasons here. He alone decided to go his own way with this and thus sank his own ship.
There is no nefarious agenda here connecting dots to other companies as some would like to have you believe. Having done business with a moron does not alone constitute criminal acts. This is a convenient rouse to fit another agenda.
That said RIGH is still a loser just like the CEO with the parrot on his shoulder.
$bcap is poised for some serious growth. I for one really appreciate the folks that have beaten this down to such incredibly affordable levels. Without their help so many of us would not have been able to load the boat so full. Hell, a few of us have an armada at this point.
Here's something to keep in mind, not all of the fireworks got used on independence day. $bcap.
No doubt. At some point, if you are long, the stock must go up to make money. The bid whacking does not support your investment it detracts from it. You want to provide bid support but you also want to promote buying at the ask or your stock isn't worth much. I mean really are these same folks going to sell at the bid also?
It sucks but lets face it, we have a non responsive CEO, (that may or may not fancy himself a pirate), we have yet to see any confirmation of FINRA approval of the name change, and we are about a week away from seeing a stop sign posted on OTCmarkets.com due to the late and probably non existent financials.
What we do know is that Angel has a large interest payment due to BCAP as well as a secured debt to boot that will likely not go away with bankruptcy. We also see billions of shares that were sold into the market that are very near being worthless due to the near 0000 pps or by virtue of bankruptcy.
Anyone up for a little swashbuckling with this joke for a CEO?
Here is what the news will be, "due to the unforeseen nature of the political and market conditions surrounding this sector we were unable to complete the merger and provide the accurate accounting history required to obtain reporting status. We also regret to inform shareholders that we will be filing chapter 11 bankruptcy protection in order to restructure the company."
This will of course wipe out all common shareholder interest which will allow the newly restructured company to start over with a new AS and OS and sell the shares they need to sell to satisfy the secured debt that Angel and his attorney should know will not be wiped out by the bankruptcy.
All in my humble opinion. You could say it was a dream I had, I'd say it was more like a nightmare.
For those who are bailing water, it's time to man the life boats.
How about weeks ago for starters? I think everyone here can say that these should have been produced by now. This is not to say that they are not forthcoming as I believe they are but rather to express disappointment in yet another bungled pink sheet timing effort.
We have seen this stock run on hype, on the reputation of key members, and on the pumping of self serving promoter's. This is typical in these lower tier markets. What we are all waiting for, what we are NOT SELLING in anticipation of are the fins on which we can base a merged entity valuation for WAFR.
You would think that the dimwit that is responsible for these former and failed hype promotions would through experience know that financials and value should have been put at the top of the priority list. The money and shares used on wasted promotions would have been better used to pay a frigging auditing firm to complete the audit in an expedient time frame.
I don't necessarily blame Gary or anyone at CWS/WAFR as they obviously hired the clown responsible for creating awareness to do the job he was tasked to do.
At this point moving forward however it should be painfully obvious to all WAFR management that the market on both sides is only interested in seeing value and future value based on contracts.
So, when do we expect to see fins? Who knows, but we do know that at this point it's the only thing that matters.
And know this, if a pos like )-((_NT can run on hype to over .0125 with over 2B in the OS
then I'm glad that we have an astronaut at the helm here because once those damn fins are released it will be to infinity and beyond!
If you want to know where it all went just ask:
Just
Optimizing
Shares
Here
While
Everyone
Is
Sucking down a
Stiff one
Sometimes you have to read between the lines to know what's going on.
I see your logic and if done with expedience that could still be a good thing. But if it takes them too long the short attention span of the many flippers with ADD will be gone to greener pastures.
I hope that they get the message that there is a line drawn in the sand right now and that the release of the fins will be the deciding factor of which way the momentum will turn.
Glty go $WAFR.
I wish you or I could too.
That's what the market is waiting for. If there is fire under all this smoke then we will get what we've been waiting for from $WAFR.
the volume will
Br substantial and they won't need to waste money on self serving Promo companies.
There is no dumping by the company. This has been verified by the TA. There is a certain someone living in a state of sunshine that is dumping his shares though. One in a short state of mind should thank that guy for Just Optioning So He Will Exit In Short Style.
$WAFR bring on the damn CWS value addition to the balance sheet. What are you waiting for?
Most apparent is the fact that the number as touted is by far in excess of the A/S. In fact it would be more than 3x the A/S.
Not worried.
$WAFR.
Did you read that in the National Enquirer, because to date no google search, no article, no docket, no newspaper article has yielded any such mentioned this other than your postings. In fact, the only thing that comes up under a google search of this topic are ihub posts.
BCAP and Matt Dwyer are systematically building the business.
Soon $BCAP will release even more information on business development and SEC up listing status.
Very soon we will have a locked OS and AS. Only good things to come here. $BCAP going up!
I agree. I would not want to be the one receiving a $WAFR margin call for 500k, 1m, or gulp...2m short shares when $WAFR starts flying their main and rigging up the spinnaker.
Last week I called out a warning to prepare to come about. Soon those who don't duck are going to get smacked by the boom!
$WAFR
Traders are tired of hearing about wild claims of BCAP or Dwyer criminal behavior that can't be substantiated by any form of verifiable proof. Allusions, assumptions, opinions, characterizations, hypothesis, associations, none of these are forms of proof. These are all subjective claims.
$BCAP the company, as many have recently posted, has links to filings and audited financials and documents that are verifiable.
As the old lady used to say.... Where's the beef?
All you are saying is that a trade can be made. You may in fact see shares enter or leave your brokerage acct. What you or anyone else has adequately explained is what is backing the trade on either side other than internal accounting from your broker so perhaps those shares can be delivered once the new shares are available. Hence air shares.
There is no conspiracy just facts.
As several have stated already the company and symbol APII do not exist. All old APII shares and their corresponding cusip# are no longer valid, hence the reason many can not sell their shares. Both the TA and the company have confirmed that no new shares/cusip# have been delivered for the TA to distribute.
So it's a simple question that no one seems to want or be able to answer, if the company is not diluting or releasing shares then the trades we are seeing are with air shares aka NSS.
The problem and follow up question then becomes who is setting the ask price on these shares if they are NSS? And how can that price be justified if it is not supported by supply and demand based on normal trading volume? If all the previous sell orders of APII shares have been cancelled by the BDs where is the hierarchy of ask prices coming from?
This is in no way a fair representation of a real pps and it also allows for trading from a limited select few...hardly a fair or open market.
As for my ownership of stock. I am a shareholder of BCAP. I have been one for longer than some and less than others. But none the less I AM a shareholder.
In this case I, for one, am putting my mouth where my money is. Who else can say that here? I don't think I will be surprised with the answer.
It will run when all the pieces come together.
IMO it will run only once WAFR makes the Former CWS fins public info. This will provide true value of the stock. Assets, earnings, debt, etc will yield a book value for that portion of WAFR. This should substantiate the $10m LOC they secured. Once this happens then the masses will flock to get some while still grossly undervalued. Hence your run. The run should level out where the market feels the future earnings multiplier puts it. That could be anywhere from 10x to 20x current book value.
This is why the longs here are here. Once the value is established in public the pps will never see these levels again IMO. That is the value of this play at the current levels.
WAFR = CWS fins+ Neel / the current O/S + the General Stafford factor of the value of new $ contracts.
If you go by the $10m loc as an indicator. The book value is around $.39/share.
Multiple of:
10x = $3.90 let's just leave it at that.
All IMO
Check otcmarkets.com the fins are already audited. You can also check the company's website as well. Some posters put these links up last week.
Some people like to play on the fact that few people are aware of what the protocol and the associated timeframe is to execute these things. The truth is that each item takes time to prepare and submit and then receive approval. During this time the company is largely bound to the rules of disseminating information while under review. The company also has the day to day activities of building the company to deal with at the same time.
These plays take time and have long periods of drought followed by brief runs again followed by drought. Eventually they get their legs and run once all the primping and preparation is complete.
If the water is too hot don't go in. If you can stand the heat buy and hold...accumulate...at the end of the long road it just adds up to low buy in high exit. IMO.
I would agree if everyone could trade their WAFR shares both new and converted. If we can't trade then the pr is for not. We saw the same thing earlier this year with a California grape company. For longs to see a squeeze WAFR needs to keep it quiet and start asking why some bds are allowing full trading if no new #'s have been delivered. How can anyone cover from nothing?
Then WAFR needs to open the floodgate when and only when all BDs are back to fully tradable status.
But where are the current WAFR shares coming from if no one can sell and brokers do not have new ones to replace old ones? Who or what is establishing the ask price on WAFR?
Why is WAFR listed and tradable at all if it takes 4-6 weeks for delivery of "electronic certs/cussip #?
Avoid the unsubstantiated rhetoric of people using inflammatory snippets like they were selling newspapers. Follow the trail of accomplished events going back to just 6-8 months ago. What can be verified is that BCAP is systematically executing the plan according to the protocol required towards fully reporting and up listing higher tier exchange.
That can be proven. There is also proof that the company is compliant with all current filings which by the way are now fully audited so you are not just taking the companies word for it but rather the auditing firm's as well.
That's a lot of ass to leave out in the breeze for a scam operation.
Conjecture does not substantiate wild claims with proof. What can be proven is the record of events that have taken place over the last 1/2 a year. In this time we can prove that BCAP has successfully completed many tasks towards their goals.
The events of the past are in the past and can not be undone. That being the case the recent past shows proof of a company moving forward.
I do not see the relevance of any post that calls into question any non
Specific events from another companies past performance. That post should be deleted for non relevance. Actually non specific, non relevance...lol!
War Ty. Sorry for all the typos. I got fat fingers on this damn phone
Glty go $Bcap.
If this is true it would be a waste to
PR about anything right now as all the volume created would be from NSS.
Yes sir. The rhetoric here is easy to
Understand. Take short sellers out of the equation. Take the longs out of the equation. If you just look at the opps that the flippers have here it is easy to see why some folks will use all means of attack to keep this in a range that can be flipped for 50% and 100% gains. All at very attractive levels. $10k at .0002 easily becomes $20k at .0004. Rinse and repeat and you have a nice cash cow.
Great right? Not really. The disinformation that is conjured up and spread the attacks. The fear, uncertainty and doubt that is thrown out there only serves the interest of some greedy people that only like to
Play games that are rigged on their favor. Thus it's not a game anymore but rather a money stealing endeavor designed to fleece the unwitting.
This practice will keep big money out always until the company can break out and into less desirable pps for flippers to rig the game. Their risk gets greater with every uptick.
If you are long here. Hold and accumulate when u can. This keeps the shares put of their hands. As the company gets closer to its goals you will see far more for your time and $
Well do you recall the fact that the merger has been approved by Finra?
That means the quiet period has ended. It also means that with CWS added to the equation the assets and contracts earnings and profits associated with CWS all become a part of the new WAFR companies valuation.
As a hint of value the $10m line of credit is not a loan it's a credit line the company can use to borrow against assets.
I have a line of credit for my business. The line of credit is secured by actual cash held in an account by the bank that has given me the Loc. Other LOCs can be secured by other assets such as land, buildings, equipment, cash, receivables etc. The point is that these are secured Lines Of Credit.
Ask yourself, considering the above, what would the asset value of a company need to be to secure a $10m LOC?
Now do the math. $10m divided by # of shares in the O/S. I'll use 26m. That gives you without knowledge of anything else a value of .39/share base value. We are already grossly undervalued here at .15ish and that's without any other factors being considered other than what could be stripped and liquidated today for cash.
Put a future earnings multiplier on that of 10x, 15x, 20x? What do you get?
When the market wakes up and smells what WAFR has been brewing they will be running with their bonus cups in hand to get some.
Some people handle their PTSD differently than others. You can't let it get to you. He looked at the same glass of water as some others of us. But water is clear and where he chose to see an empty glass some of us saw that it was in fact filling up with water.
BCAP is doing fine. It's progress may not meet the timeframe of some impatient investors but that does not constitute a scam.
The truth is that those who cry scam actually wish it was a scam. Either so they could short it to death or so they could make a play on the pump.
I guess bitterness sets in when they realize that legitimate companies take time to mature. All the outward signs BCAP has shown every real investor is that Matt is systematically crossing items off the checklist towards becoming a fully functioning and reporting brokerage, transfer agency and company at large.
There is no pixie dust to sprinkle on this company that will make this process happen any faster. And the fact that these processes take time create fodder for others to use to get you to sell your shares.
Not many serious investors hang around the boards of loser stocks indefinitely. Even less of those folk do so with zero ownership of the stock. What's that tell you?
Thanks for making me shoot coffee out my nose. The truth is told, and I guess that to some it hurts given all the water treading.
It seems that WAFR still has its General at the helm as this was always a non issue to the sensible side.
Yes sir. Some folks would like to make it seem like one could waive a magic wand and these requirements would just instantly happen when in actuality each one is a painstaking event that requires accuracy. Some would like to imply that this is a sign of a scam and point out all the known skeletons in a former companies no longer relevant undigested dd. The truth is that we see these things getting done. That is testament to the legitimacy of this investment. If at some point we fail to see the development of the projected plan then one would have cause for concern but for now Matt has in fact delivered on what he laid out for all months ago.
"LOL...Of course scam companies make wild predictions all the time"
We hear lot's of wild predictions all right. They just aren't coming from the company. What the company has done over the last 6-7 months is systematically tackle the individual required hurdles needed for them to become a reporting company.
Crying all you want will not prevent the events to come.
The table is set, everyone is seated, the waiter has taken everyone's order and the drinks are about to be served.
Cheers! Go $BCAP!
Because scam pinkies don't pay accounting firms for audited financials, which BCAP now has. Pinkies with audited fins are seeking to become registered SEC reporting companies. Which is exactly what we had been told would happen.
Now we look for the S-1 filing and we say goodbye to all the folks screaming scam. $BCAP, preparing to come about.
Agree. The CEO should take some responsibility here and not play dumb to where these are coming from too. This is not a good way to build trust.
He can sugarcoat it any way he wishes. This was a poorly thought out distribution of the shares we are seeing flood the float now. Real
Companies have limits to how much and how often shares can be dumped by insiders.
This CEO has successfully duped folks into paying .20 or more for what the market sees at worth only .02/.03 and falling.
Where is the proof of any value here?
Really? So you are willing to assume that without any knowledge of the deal they set up for fuel coupled with a supposed national average picked from some very random press report that this is the net profit that ALL trucking companies operate under?
Cash, who wonders how people could possibly know what another company's operational overhead is from a random news article...