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If the tweets from the company sale person is even a real employee of SoOum is yet to be discovered.
I believe you'll find this to be true.
Once a few others that actually hold the stock chime in about the proxy vote on Feb 6th
They are not the only ticker to do this, happens all the time most recently.
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3
STREAMTRACK, INC.
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
TO BE HELD ON FEBRUARY 6, 2015
A Special Meeting of Stockholders (the “Sp
ecial Meeting”) of StreamTrack, Inc. (the “Company”) will be
held at 347 Chapala Street, Santa Barbara, CA 93101, on February 6, 2015, at 9:00AM Pacific Time, to consider the
following proposals:
1.
To approve an amendment to the Company’s Articles of Inco
rporation to increase the Company’s
authorized shares of common stock from 1,000,000,000 to an unlimited number;
2.
To approve an amendment to the Company’s Articles of Incorporation to allow for shareholders to
take actions by the written consent of the h
olders of outstanding shares having not less than the
minimum number of votes that would be required to authorize or take the action at a meeting at
which all shares entitled to vote on the action were present and voted; and
3.
To act on such other matters
as may properly come before the meeting or any adjournment
thereof.
BECAUSE OF THE SIGNIFICANCE OF THESE PROPOSALS TO THE COMPANY AND ITS
STOCKHOLDERS, IT IS VITAL THAT EVERY STOCKHOLDER VOTES AT THE SPECIAL MEETING IN
PERSON OR BY PROXY.
These proposals
are fully set forth in the accompanying Proxy Statement, which you are urged to read
thoroughly. For the reasons set forth in the Proxy Statement, your Board of Directors recommends a vote “FOR”
Proposals 1 and 2.The Company intends to mail the Proxy State
ment and Proxy Card enclosed with this notice on or
about January 27, 2015 to all stockholders entitled to vote at the Special Meeting. Only stockholders of record at the
close of business on January 21, 2015 will be entitled to attend and vote at the meet
ing. A list of all stockholders
entitled to vote at the Special Meeting will be available at the principal office of the Company during usual business
hours, for examination by any stockholder for any purpose germane to the Special Meeting for 10 days prio
r to the
date thereof. Stockholders are cordially invited to attend the Special Meeting. However, whether or not you plan to
attend the meeting in person, your shares should be represented and voted. After reading the enclosed Proxy
Statement, please sign,
date, and return promptly the enclosed Proxy in the accompanying postpaid envelope we
have provided for your convenience to ensure that your shares will be represented. Alternatively, you may wish to
provide your response by telephone or electronically th
rough the Internet by following the instructions set out in the
accompanying Proxy Statement. If you do attend the meeting and wish to vote your shares personally, you may
revoke your Proxy.
Important
I understand $1/transaction might sound small
However as an ex vending machine owner I can say one thing, that's fantastic.
I had 17 machines selling from soda to candy bars and chips. Sure, you can make a buck on some items, others not even close. So a guaranteed dollar per is a stable set residual revenue.
Once they find which items will flow, for the specific location, it's easy peasy.
Understand, ERBB is not trying to get rich quick, they are doing this very affordable for clients. Win/Win this is long term.
Just figure whatever authorized you see now , to an UNLIMITED number.
Case closed, be ready for a barrage of PR's and a decent spike.
Since I've seen how they play this thing, more than once now for me, the chances are greater than not it reaches .0003-5 before the PR machine starts.
And sure if the float is tight she'll fly like an Eagle.
At the same token, last two times they pushed out PR's VFIN & VNDM were smothering the ask.
Hell before everyone that was in the last R/S had their shares settled, VNDM was rearing it's head lol
You can plainly see BKMM is just waiting, lowering the ask at every angle. My opinion is they certainly do want this thing to hit the trips, fast! No one will bother otherwise. If they run out of cash before it hits their target low, they'll PR the world is at their hands.
Only 60 days +/- before we hear from the company at this point.
I have planned a 75% exit from another ticker over the next several weeks, as I do I will be adding shares of ERBB
I think I'll be exiting over the next couple weeks. Get back in late February.
Right, at the same time we have to pay close attention to when these notes come due.
If it were me I would take a bit of return here and again , starting as soon as they mature.
The chances of retail seeing anything on the other side, blatantly at any rate is slim, since they are always buying and selling to us and to one another. Sometimes it's obvious sure.
So it really matters not when they take a piece of what's coming to them, since many of them are very kind deals, no? Sure, they could wait, but how long? Nah, get some while the getting is good. Plus, I cannot imagine the company having load upon load of notes already mature, and no one taking anything, until a PPS rise, which would prove detrimental in a big way.
It's not liquidation of assets
What is happening is the same thing that has been happening for some time now, which is how all these machines have been built, as well as the plethora of other items under the belt of American Green.
They are running their business in the OTC, as it was meant to be run, from what i can see.
They issue restricted shares in exchange for some sort of liquid, say cash, or credit line, or even goods. Each note has it's own terms, considering time, convertible PPS, basically whatever deal they worked out together.
Some thought there for a while, that this was going to be a very real issue. Which turned out to be completely incorrect. Which is evident by products being manufactured, acquisition of various businesses which add a horizontal strength platform to the already vertical base, this insures the companies stance by diversifying in several aspects of vegetation growth, applicable in both cannabis as well as ability to sell to home users trying to grow tomatoes in cold months, indoors. Again, as well as other ventures.
None the less, thus far has been successful, as more investors come in and lend liquid to the company in one form or another, debentures can be turned over as promised, products can continue development through delivery, the cycle continues until revenue posted does not require such dealings.
That is what i believe to be what we are seeing when we see certain MM's on L2, the company (ERBB) paying their debts. See? It's a beautiful thing really.
There are several reasons why ERBB is trading where it is.
From where I sit, there is no liquid, what so ever. For one. That means No assets, none. Everything has a note against it. And most, several.
Who rushes in to stalk a ticker they bought 'hoping' at some point in the day they can get out?
Pay attention. TRADE IT
I did not say sell it, I merely suggest trading it. In a little, out a little ride the waves, no matter how many shares you trade (within reason of course) you'll be fine. Taking in consideration costs. Build up slow, wait for the low, buy what you can, wait for the high, sell a little, repeat, each time keeping a few shares. Make sense?
Another reason this is trading where it is, in no one is really TRADING IT. Market makers sure, daily, they trade it , it is a stock. You trade them , this is not a gumball machine. We have to think through and past what we want, and ride what happens, making a little bit of what we want to happen , happen!
Grab 100k @ .0129 =$1290+ commission sell that @ .0137 = $1370 poof, depending on the broker and the % added to pennies, you just put 25-55 in your account. Do it again, this time do your own numbers, even if you have $600 that can still be doubled in one month. The next month is the same.
TRADE IT if you want to see it move.
Not sure what it is that is being misunderstood as to how to grow a company from nothing within the OTC.
The fact is as stated, and anyone that was not a trader before they heard of a company peddling weed from a vending machine , should have learned a valuable lesson. In which in all seriousness I hope they did learn. And continue to learn.
We do not simply walk into {pick a place} and start thinking and acting as if we know what the status qua is, or how to handle the situation. This is a normal learning curve in again , any situation. For anyone to blindly read something on the internet and eat the breadcrumbs until they are stuck, is a good lesson in reality.
Simply put, it was not the company in which lead people to buy high and not figure out what the deal was, though I dare bet anyone who has learned this lesson, is all the more mentally wise.
Find a chart, draw a channel over the last three years. It's easy to see the uptrend, as well as the fruitless spike. Myself I've been trading this thing for several years, that's what i do with stocks that don't have dividends, trade them. Of course, i still hold some fairly low averages, I resisted the sale when my penny account showed me 4300%+ , I could have made some very serious bank, and i did trade a good bit, but my core holdings are still intact. For a very good reason.
Too bad it was a cheap paintjob
Otherwise I would be slap happy. Waiting for 1's to start printing, waiting for no bid, who cares at this point?
Until we have legalities, financials, and prospects in order lets play. At this point I average 3, so a crapload of 1's will set me straight!
No bid please!
One interesting factual status of ERBB
Last year, which brought in a plethora of investors, pot-heads, and just burger flipping types even huge hedge fund managers, not forgetting literally hundreds on stacks, of every day investors and speculators...
The 'green- pump' of 2014
So comparing a sector wide insane influx is not only old news, but completely and utterly non subcutaneous in today's businesses. It's just not possible to include that 2-5 month period in realistic valuations. It's just not. And time has shown this.
The fact of the matter is some were trash to begin with, some were ridin' dirty, and others were no more than a failed shell porking the system for one last ride.
ERBB has shown us several things, one is the general consensus by means of PPS. Were not going to name many other companies putting out what these guy's are from what they have to work with.
Thinking about it, this is the way the OTC should be run, think about that for a minute. If each company did whatever they had to do, in the sole interest of their business, pow, hot damn we'd be seeing an entirely different field of play.
None the less, we all see how things have shaped up here. Cult stock, Yup, penny ticker, yup, massive amounts of negative revenue, oh yea, and that is exactly working as it was meant.
Many people have a good bit of monetary interests in the company, which converts into lots of eye's, and even more accountability. Ponder that. It's a very good thing. And in my opinion will surely warp into something very cool for everyone involved.
Geezus, still liquidating company assets I see.
Nothing changes with this thing. Tired of seeing CUSIP for the 'null=nothing' ticker crammed in my portfolio.
Yes, but we should believe if this were nasty then it would not be BKRT, more like VNDM or VFIN.
Hahaha geezus alrighty then
Well ok, so I grabbed a few more at the same token , strange 'coincidence' ?
Lets see what happens here @ 55k
Why not tell us what you really feel. LOL
No sense in working on the negatives on this one , no one knows a thing past their beak.
I'm in another one that's been looking like this for the better part of 8 months. But it's well over the PPS here and trades.
Interesting no one is trading this, let alone buying. Good sign. People are holding because they believe at some point we'll get a looking glass into the company status.
Funny though really.
Someone got overwhelmed and overboiled, paid more in commissions than they lost probably.
Why though ,is my 1 bid not going through, hmph. Maybe it's just a tad bit higher than 300K shares lol
Hahaha I saw that
Can't really be considered 'dumping' though, or can it LMAO
Probably not none the less I really need 1's to make it an entirely stress free trading experience.
Once decent news comes on financials it'll be ok, until then just as anything else, no news, no moves.
Be nice if it would just go no bid already so that I could grab a pile of 1's and pull my average down a bit.
I assumed as much, would be a mess if we all had opportunity to get into five digit range and lower lol
What question?
When I see a five digit trade in the OTC, I understand this to be market managers doing their thing between one another.
I've not tried to place an order past four digits in some time, none the less I was not able to then, and I do not believe (could be un informed) that we can now either.
News is the first flower sale in Denver.
Id say this is pretty significant!
Zazzz rollout and first flower sale
FYI both Scottrade and TDA are showing up to 6 digits past the decimal. When applicable. I'll check Etrade once the market opens up today.
I'm certain I am not the only one able to see this take place daily.
I disagree completely.
It is up to the buyer / seller of any stock, penny bluechip option, ETF / N , any of it to trade responsibly.
I personally don't need a babysitter. It's my problem if I dumped dollars into something without looking, or not paying attention.
No way, no how do I think we need more regulations, because that very regulation comes back to bite each of us , at one point or another. NEVER fails.
Let them torch themselves, the public will show no mercy.
Speculation of share structure is all we have. All I have at any rate.
This is a perfect example of how to dust the line of legality and make out fat, also known as the reason penny stocks have such a terrible reputation.
I wish one of two things here, as i said no bid, or do something right for once, make something of a company instead of pilfering around being a turd. Chances of getting the latter here are slim to none, we all know well the type of people that have been doing this, laughing together at chumps that buy in, while they run to the bank dragging cash for their flare and flash.
#1 turd
No 2's sold today outside of the .00028's that just went through, so we know who just moved shares from one MM to the next don't we. Interesting sign.
Yes it is blatantly obvious in the filings isn't it.
Of course you cannot see if your mindset is not focused on the realities.
Why did they merge and give the boot to previous player? Money, nah I think not, the challenge maybe? Hmph there's one to think about, considering who these new people are.
It appears this was done for time savings. Get it done and do business, the same mindset that a business might use when they are required to get office space. Why build when you can move in and get liquid?
This is the first I've heard that and I've looked again at the post you responded to.
Maybe it's me that is missing it.
I believe you have the wrong board.
What makes more sense if I did not break it down well enough already....
Hanging on to a sector wide multi media pump of the marijuana industry, bringing it back up over and again in the attempt to sound 'in the know' ?
Or the current facts? Uhhm, one year later. The stock has found it's range for the current company situation, that much is more than obvious.
As I have stated over the last year, everything here is as it should be.
There are literally no other companies representing the sector that have found and kept their value for longer than ERBB.
There must be something wrong with me
I keep checking in to see the PPS @ .0001 and no bid, I'm actually obsessing over this. Craving it.
Of course it's my bad for reinserting profits I took from this thing, none the less I don't care for when I am told one thing and the opposite party turns around and does another.
Let the bid whacking commence!
Not correct. Simply because volume is low on a ticker is completely irrelevant to it's well being.
The fact is as I've stated in the past, ERBB trades much as a big board stock might. Trading in the range it has been for weeks now show positive strength in confidence.
Aside this, looking at everything involving the company, sentiment, share structure and production as promised endeavors, all this leads to a climbing PPS on pending news concerning the Zazzz placements.
Not forgetting the chart being super primed for a nice run. RSI is at a cool 42, MACD is calm as the spring waters painted in a Norman Rockwell piece, not forgetting the obvious consolidation, which is creating a 'pinch point', that when news of placements and running network is released.
It's been said charts matter not in penny land, yet when they trade as this one does, it appears as relevant as any.
I'm watching around the first of the month to the 2nd week in February.
Just don't remember where I read it, I'll find the link and post it.
I'm sure it will be lower.
Remove as many shareholders as possible, then do a forward split, and begin a buyback program while issuing dividends.
Sounds legit.
Most likely simply getting out of a messy situation.
OR, someone with an account that has a margin call due to the RS, and had their 'assets' sold off.
On the brighter side of things here, only 13 basis points to go before the next reverse split :)