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Haha look at the lightweights pokin' their fingers in
Entertaining to say the least. This ticker is still exciting none the less.
I have no personal experience with federal contracts, however I find it very difficult to believe businesses "break" even. No incentive.
Anyone doing business at those levels would not stay in business long. Having personal experience in more than one business, I understand poor final numbers here and again, generally out of mistakes make somewhere along the line, never as a rule.
If I were to take a 97% note it better be an overnighter, for a friend, in a pinch, starving to death, family dying, just need a hamburger kind of situation.
I wouldn't say your wrong because I could be wrong myself.
And honestly I've not done the math on any of these in months. Though I did for months.
See, now I am forced to go back and see what I am referring too. So more positive from you doing your DD!
Kudos! For someone actually doing the reading and math as you did. Excellent!
Is some of the wording more along the lines of 50% of the average between the highest and lowest PPS during a 12 month period?
I really get a kick out of those confined to being focused on dilution in the OTC, for a company struggling to get started and stay in the penny range.
Screaming dilution in penny land is like screaming omg, animals, while in the zoo.
I see no reason for a continuance of volume today.
Half a billion shares moved, to bounce between two pips? Watching L2 action gave it away.
Still a buy / hold situation until we get a clue as to the latest order of business and financials, share structure and intentions.
There are many gauges that can be assessed in determining at the least a fuzzy vision inside a companies financial and forward motion portfolio.
Interesting enough, they are all around us.
Foremost is the comparison of what numbers we can see and rely on most for a peek inside, that's if we have enough faith those signing the filings to believe what is written within.
Note the number of debentures issued, go back just 18 months, since this is roughly (with jagged edges) when I could say most people can relate to ERBB's sentiment as well as details out here. Before the most recent public company name change either way.
What is it that stands out the most about the financing in this time period.
Might be a good idea to also pay attention to how many "MM" are available. To me, that means well connected. Trustworthy, and not borked up enough to get punished and lose business partners.
That is a good point.
We always keep in mind that there are Always other catalysts involved. Be vigilant in your tenacity for 'speculative investigations'.
What I mean to say is, it's not always simply 'news' that causes buying pressure. There are many, many details as to when and why a stock is even able to rise, let alone soar. Even the un spoken.
As far as I am concerned this thing is closer to being on track than it has been in more than a full fiscal year. The machine (the money making, developing, growing, debt reduction, forward moving progress machine) at this point is proving to be well oiled and ticking over without a hitch. The lower PPS this week is dead nut where I expected it to be. Dead nut, in fact a bit higher, needs to go lower yet to be completely healthy.
If people would simply take half the time they spend on being disgruntled, and instead do some reading on how to finance a company with no collateral, not excluding the fact of federally restrictive lending, they would get a clue.
But no, instead of moving forward teaching ourselves why something is happening and how it came to pass. By doing this we risk sounding really illiterate, since the information is right the same place where the tripe is typed in. Amazing.
I do not envy Darwin, simply because he must have held some serious weight on his mentality.
With AYME on the ask they should be putting out news
How else will they pay off debt or insider selling in their predicament.
So many excited explains so many got in without paying attention.
This news is simply a fundamental, nothing more. And expected.
If you think it's exciting now, wait until they announce some of the other endeavors they have been diligently working on.
With the connections, I would be hard pressed to make myself think there is not HUGE potential here. Did I say huge?
Well it's more than obvious those bid sitting have no idea about BTZO
So long as they are aware the chances of them getting those 1's are very slim. Sure, someone will be the lucky winner, but really? 800 million +++ 1's are Not available. Not in the slightest.
If they were, do you think that someone who just bought 15 billion 2's would pay double? lol Nope, I think not. That person knows.
If your new to these people may I suggest reading a bit, you'll find out why I came on to mention this.
SoOum could be that sleeping giant
If I am the last one here no worries I'll keep things going until filings come out, that way I can get all the shares I can before that time.
There are very few pennies I actually hold, this is one.
Helloooooo iPure Labs anyone home?
Geezus, nothing! I can't even smell a cricket!
Not sure about next week, though it's not going to be that long before the PR machine if flowing heavy.
With all the machines rolling out, and news trickling over the channel, it's a certainty we'll see lows before new highs this year.
Who has 1's and wants out
Spit them out I'll take whatever you have.
News is not even expected, filings are, and I don't expect to hear anything until that time.
Flipping or swinging this thing is nearly impossible at this point and a waste of time.
If they file on time, and it shows progress of any kind, even having cleaned up more of the mess left for them, I'll be content to continue paying attention here.
Curious, did I miss the part where it says there will be one of the machines in this dispensary?
Or are they just overseeing the dispensary somehow. And if so, what would there possible benefits be by helping someone get a state license, for something that cannot be used by customers the way it stands, ever.
We'll need to get those 2's out of the way today so it can get to my 1's before anything crazy happens and I can no longer get them.
As if I actually believe I will get them or something.
Should it not be April 14th?
The only validity I can find in that assumption is the number on the bid.
Hence why I fill my day with as much information as possible, and try not to obsess over something i have no control over.
Might be a bit before we hear anything, but we knew that coming in.
It takes a bit of rational thinking in order to process the realities in such markets.
People stating SWRF is not doing anything or claiming it's a scam, might do well to check dates and time frames for SEC disclosure and filings. Might bring a bit of enlightenment.
Yes never put funds into a penny when it's going up on a spike. Period.
Times like this with SoOum SWRF is when I pay attention, and add shares gradually from residuals on other plays.
The entire OTC is as boring as watching fingernails grow at the moment. But the excitement of Not knowing the specifics here is better than hoping for a quick spike, plenty of other tickers you can find on iHub like that.
Wait, over 400 Million exchanged to move 2 basis points?
Seriously? Whoa
I'm good with that myself.
I suppose the only question that remains along those lines, is if it can get low enough to bounce before the structure is too bloated to move on decent volume.
Hence why I question the motives concerning the current continuation of dilution.
No I do not think so.
At all.
The board has strict rules in which none of us are immune to.
The fact that ERBB has built the place with lenders, we should be thankful for those that are and can be involved in such a manner.
I'm not suggesting anyone buy or sell, I try and keep an objective mindset, where there is a question there is certainly an answer, in this case it can be found in the filings.
I can only suggest we look at the filings
Which explains everything in great detail.
No, it is not the company, it is investors. Pay attention to which MM's are on L2, it becomes blatantly obvious.
This is what is building American Green. And is exactly how the OTC was meant to function, and in this case is working perfectly.
Once we start bringing in enough revenue to where no further notes need issued, as notes expire and are closed out, it'll curve slowly to the top side.
The perfect ATM machine ELRA
Slow cooker she is=volumetric consequences / time
My weekly trader (if possible) and core penny portfolio holdings.
It'll happen, you can see it's trend over the last 10-12 months, even 24+ months show very distinct and natural growth.
Chances of a monstrosity gargantuan green candle? Dunno, but i do know it's done a real nice job of leveling out, and finding it's general consensus valuation.
From the looks of it , at the moment, this could easily be trading in the mid 150's this week.
You have to pay attention to which loan is due for payment at the moment to know this. and even then it would still be difficult, since everyone does not just take it as they come due, or all of it.
It's all good, and how the machines and everything else has been happening.
BILLS ARE GETTING PAID = It's a beautiful thing :)
Erm, guess what, it's not all institutional buying ;)
Because notes are being paid.
Notice BKRT sits with 10k no matter the volume sold, they were at 134 now 135
Until they are out, it won't move an inch.
It's going to happen!
I never make a mistake, only incorrect timing. Think about that one lol
I'm going to get hammered for this one, I can take it though.
But the PPS MUST fall below .0120 before anything will happen here. If she gets below once cent (which I doubt) all malarky will break loose.
The community obviously refuses to jump in at these levels in any kind of volume, no volatility, and no chance of a swing. Who buys pennies en mass unless they are moving? That's what I thought. ERBB could have a goose that produces weed filled puppies, no one cares. Just another PR spouting their progress (which is btw moving along very well) (but I trade it weekly myself fwiw)
None the less, no spring shower is going to rain PPS chasing down on ERBB, no news is going to suddenly awaken the king of all giant green candles, not one investor is going to get what they feel they deserve, not until a few key fundamentals change.
Before someone trashes me, remember one thing I enjoy American Green the company I would dare to bet more than anyone, and i believe in them just as much as any one of the employees. For various reasons of my own.
Though the reality is these people are producing, functioning, and achieving every last thing they spoke about. I have my own mental image as to the viability of this ERBB machine, so I'm still in, and smiling.
Shoot I'd love to see 1's
at this level or better yet with the decimal in the right fraking place ( 11.11 ) <== my fav digits
I believe I have found partial reasoning for this.
They must increase the A/S or be held liable, since the percentage of shares it takes to clean this up is either at or close to 9.99% And at the current PPS will not satisfy the ruling.
The way i read this , if they do not increase the authorized, they are toast.
In turn, debt is paid, PR machine is turned on, could there be pending company information that will draw in new investors, that will raise the share price, and begin the process of getting back on the steaming track of success?
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On October 23, 2013, the Superior Court in the Judicial District of Danbury, Connecticut entered an order approving the stipulation of the parties (the "Stipulation") in the matter of ASC Recap LLC ("ASC") v. StreamTrack, Inc. Under the Stipulation, the Company agreed to issue, as settlement of liabilities owed by the Company to ASC in the aggregate amount of $766,288 (the "Claim Amount"), shares of common stock (the "Settlement Shares") as follows:
(a) In one or more tranches as necessary, 3,740,000 shares of common stock (the "Initial Issuance") and an additional 200,000 shares of common stock as a settlement fee.
(b) Through the Initial Issuance and any required additional issuances, that number of shares of common stock with an aggregate value equal to (A) the sum of
(i) the Claim Amount and (ii) reasonable attorney fees and trade execution fees in the amount of $75,000, divided by (B) the Purchase Price (defined under the Stipulation as the market price (defined as the lowest closing bid price of the Company's common stock during the valuation period set forth in the Stipulation) less the product of the Discount (equal to 25%) and the market price. The parties reasonably estimated that the fair market value of the Settlement Shares and all other amounts to be received by ASC is equal to approximately $1,100,000.
(c) If at any time during the valuation period the closing bid price of the Company's common stock is below 90% of the closing bid price on the day before an issuance date, the Company will immediately cause to be issued to ASC such additional shares as may be required to effect the purposes of the Stipulation.
(d) Notwithstanding anything to the contrary in the Stipulation, the number of shares beneficially owned by ASC will not exceed 9.99% of the Company's outstanding common stock.
In connection with the Settlement Shares, the Company relied on the exemption from registration provided by Section 3(a)(10) under the Securities Act.
In connection with the settlement, during the three months ended November 30, 2014 the Company issued 105,663,000 shares of common stock to ASC in which gross proceeds of $86,421 were generated from the sale of the common shares. In connection with the transaction, ASC received fees of $23,392 and provided payments of $63,029 to settle outstanding vendor payables. The remaining amount on the settlement of liabilities owed by the Company to ASC is in the aggregate amount of $253,492 as of November 30, 2014. The Company cannot reasonably estimate the amount of proceeds ASC expects to receive from the sale of these shares which will be used to satisfy the liabilities. Thus, the Company accounts for the transaction as the shares are sold and the liabilities are settled. All amounts are included within accounts payable. Shares which are held by ASC at each reporting period are accounted for as issued but not outstanding.
They need to issue debentures that much is obvious.
Knowing no company would do this, unless they had a game plan, and intend on executing it rightly so, why would I vote no.
As the alternative is obviously not viable to any of us.
I see this as one of two things, either they have given up, and plan to fund their vacations by selling shares, and eventually file for protection and end it in a two year + lawyer feeding frenzy, or...
...as stated, they have 'investors' that see the plan, and are willing to dole out cash, resources, credit lines or simply advice with the sole purpose of generating revenue while the company puts forth effort to achieve their plan.
Either way this goes, the issue at hand is the company cannot obtain liquid to continue in it's current state, or so would appear.
So I say fine, do it. Now change my mind if you can, I've not voted yet.
Adding digits to the portfolio is actually easy.
No matter how much we start out with, so long as we make a plan and stick to it. Small weekly gains ad up, where going for the gumbo out of the gate many times will backfire.
SWRF has been very good to me thus far in fac6 much better than I planned on, it just happened. So I took a percentage and bought back down to where were at now. Still holding gains, at the same time holding shares.
Where on another ticker i dropped all proceeds outside of the initial play back in , and got toasted lol Sticking to the plan from now on.
And yes I'm still hoping for 1's, and I certainly cannot get rid of any shares at this point, which I planned.
Very well could be a reality.
I enjoy the guessing I am forced to do, since I generally am not much of a gambler this ticker is as exciting as anything, has been since I hear the last bunch was getting the boot. Think I've said that before.
Interesting part to me is the pure silence. Which could go either way honestly. I mean hell thinking about it we may not hear anything until required filing time, which could be extended.
Even at that time, with the way this has gone thus far, could very well show much the same format as the last filing. As digging out from the depths they were in should not be a breeze.
It's not very difficult to play subversion in tickerland, let alone SWRF / SoOum, anyone can start a plethora of social media accounts, with anyone's photo.
Point being, who knows anything other than a silent supposed world renown commodity broker from supposed people with the same names as someone someone once thought was affiliated with a political campaign, which no one can verify anywhere.
Could be cookie monster, or the spaghetti god posing as an arbitrage sale person. Hmph, there's a thoought.