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Just to add something to here...
While everyone is complaining and we all want something to happen.
It is ENTIRELY possible that we MIGHT be the first company (the sub penny microcap clearing millions in debt to go to NYSE) and that IMPACTPPA is one of the two private companies. It maybe even well be possible that Mattereum is the third.. (some reasons why soon)
But just think about that for a minute. We could be in the middle of a firestorm of PR and co-working relationships in the hottest areas of energy and blockchain.
And it could very well be that minor money was needed for WSTI but that Bates will raise capital in Impact thus making and dilution in WSTI less likely or not as strong as we feared.
250 million minimum is .059 a share
In case you missed my tweet the weird coincidences are starting to add up..
1- WSTI started moving on May 25th the day of my dads services
2- Both me and the Securites lawyer both have MINT plants growing on our porch.
3- Today I need to travel so I was doing laundry. I open the dryer and a rolled up bunch of money is sitting on top of the lint tray!
What are the odds!!! I mean come on! this is it!
Good luck everyone!
Wow dude, that is awesome, a little bit of something in there I didnt know will review with you when I get back! Great find Man!!!
The people there are brilliant. Since you or someone else mentioned it I checked a little into it. Can you let me know what you found interesting or that sparked the current interest?
I was a little slow on the uptake of some experience of Gupta in our areas of energy etc until I started reading. He spent much of his life doing what ImpactPPA is doing with him. It is such a natural fit. The more I read over there the more I like it.. But let me know what your thoughts are as I have been a bit crazy time schedule wise and will be out of town (but still here in CT) this evening.
Anyone else can chime in of course... interested in knowing more.
Actually "WSTI" is the ticker symbol for Windstream Technologies, Inc. which is the stock we own. Often times we abbreviate it here and on twitter to make it easier to type. It has always been associated with Windstream.
ImpactPPA and WSTI have a working agreement , at first mentioned to be a licensing agreement but also I confirmed very early on that Windstream was supplying equipment for the huge India project. Did so directly with the CEO and it is on telegram for all to see. Also posted it here.
Just a Quick review of Coming Events/thoughts...
1- Last info we have on the ribbon cutting ceremony is possibly mid July.We are getting pretty close to that timeline now. Even if its late July we will probably hear about it a bit in advance.
2- We know from multiple sources that ImpactPPA and Windstream are working together on the big project in India (among a ton of other projects as well). This project is huge and will involve the installation of different types of solar and wind setups. Stage one is like an 80-100 million dollar project
Sources for this include -
-Actual pictures of product being shipped
-conversations with engineer
-Telegram from Dan Bates that WSTI is providing equipment from that job
-articles in media about the project
3- We know the Haiti project is underway and we lit up 1 of 42 cities already.
Sources - photos, audioblog, media articles
4- We know there is a 10 fold expansion of the Jamaica hybrid power installation.
Sources - Articles
Grapevine info not yet fully documented online from sources I consider to have been proven pretty reliable when they said other things..
1- Good meeting with 10pwr.com that finances projects like WSTI and Impact do
2- Big project in Kuwait
Other stuff....
The First Attorney tweet and the picture of someone at the Opening Bell dry run ... whoever that is should be known soon. I have been told by other people that they sometimes do a few dry runs, often weeks and I found one case a month before listing to make sure all goes well. Third week of this month it will be a month so we will know who that is , if it is or isnt us..
Two other Attorney mentioned "PRIVATE" companies are not us, unless it is Impact and there are some other things in the mix as we are public not private..
-Court case As of just now still not decided. If money only like it seems should not stand in the way of anything. Seems to be going beyond normal decision time. Might be possible parties are negotiating settlement beneficial to both. Not sure but no activity
Assorted Poster information from phone calls..
-One person stated 75% of WSTIs debt was cleared as of a month ago. But that people he spoke to felt the restructure date would be sometime in October. We are already in July, so that might have been the last time they had the discussion or it could really be the date they expect things to be completed. Does not mean we wont hear anything before then but this could be accurate info.
Well you can always check out AAGC where the CEO posts on twitter things like
"I am GREAT FULL for my new job as CEO"
and "I SUMMITTED the forms"
Etc..
This is not that type of stock but we are overdue for news and filings and like I said many times I would be very surprised if we did not hear something very soon.
Well he cannot say anything really. But in May we learned that WSTI was providing the equipment for the major India contract and that news for WSTI shareholders was forthcoming "soon" "shortly" etc.
Lots of things happening though and not everything happens on day trader time. Like I said I would be really surprised if we heard nothing by the end of the month. We have MODI coming up and should know a lot more soon.
After being here since 2015, I learned there are quite a few long term holders here. I think when I added it up 600 to 700 million shares are held by about 5 people. They are all holding and adding though some sold some on the way up to the recent highs we had.
But overall we are up 1000% over two months and the next leg should start on news..
I agree. I think the stock move came before things were set. So as a friend just wrote me, he was caught a bit off guard. Lots of things need to be buttoned up here but we have Modi ceremony this month some time, a huge contract underway and my guess financials and disclosures coming along with news at some point. We also might here on the court case some time soon as well as see who is actually going to the NYSE so we can bury the speculation there. I think this is the month many things get done and we have more information.
Thanks Frank !
Could be almost anything. If things go really well and as we expect could be 3-4 cents or higher. Anywhere between zero and 10 cents could be a range here. like any stock news and achievements will determine that
Once we come off being dark on news we will have a much better idea of where we are heading..
Best of luck here!
Is this a new video? Looks like an older style turbomill unless they are setting the system up just now or adding these to an existing solar installation.
When you get a chance see if that was recent.
Bates stated they will be deploying all kinds of needed stuff there so there might be some things we have not seen before. I know in some recent stuff I have read they have the huge tower XLs , the millboards and even one with solar/wind/thermal similar to a test project they did for the national guard years ago..
yes I know, sounds weird. But she was coming out of a parking space at her job which borders an open space wooded area. Because there was a bigger work van with tinted windows next to her the Deer/Buck couldnt see her nor she him and he literally broadsided the car right side smashing some molding and denting right front fender. So literally the deer ran right into her. Doesnt take too much to dent that stuff or bust molding though. It was on the parking lot security cam video (health care facility), looks like at the last minute buck was shocked and tried to turn head down in the direction the car was moving, then took off. I have had friends whose cars have been totaled and they got injured as if your car has any kind of speed going they say its like hitting a concrete barrier. Luckily this was not so bad really. Deer hits are unfortunately a real danger all through new england. luckily that is one thing I never had to go through!
She has a 2005 subaru so no collision as as you know dealers/body shops always want huge money. Got all the parts for 200 and someone to put them all on for 80 (but will give him a nice tip since that is dirt cheap)..
Same crew that has been buying on the 9s. Stock ticked up to the 10/11 so now you see where they are..
Hey thanks! this happened a while ago, she was fine, just shaken up , big buck smashed one side of her car, but its a Subaru Outback. Buck ran off and is fine also. But took me a while to find the right front fender and molding from the same car as its a 2005 .
Good Morning everyone!!!
Sorry for the delay, my daughter stayed over last night and we were talking til late on the deck.
Today I am traveling later on to a smaller hick town to stay over for the night so I can be close to where her car is getting some body work done due to her getting hit by a deer. Managed over time to get all the parts off the same color car for cheap so Ill be doing that tomorrow.
However, Tonight I will draw the winner of the POP UP BAR!!!!
Anyone that posted yesterday or today on this board is eligible. Do not even need to own any WSTI shares!
Let us hope today is a good day. I have to imagine we are within a very short period of hearing something. Modi is sometime this month, we might hear of the meeting date before it is going to happen as well.
Also , we should know whoever the first company was the attorney mentioned sometime soon as they were already practicing ringing the bell. Might not be us, but that is ok too.
On the Mattereum Home Page -RE ImpactPPA
Mattereum --ImpactPPA
Personally I am not a big fan of the whole "Gagged" TA thing. But I do not mean to throw cold water on anyone's hopes here. Ill try myself when I get time. Wish everyone the best of luck. If I find out anything (or her the "gagged" story) ill post back.
So many different options, ways this can go forward.
I really think we need to know/should know something very soon. I imagine Dan is going out of his mind. He is a workaholic as it is, and this is a lot of stuff to get done. But until we hear something official we only have a few of the many different scenarios.
Hoping for the best for everyone! I am pretty sure that whether its tomorrow, this week, next week or end of the month news is coming soon.We also might here about the date of the Modi ceremony very soon as well.
No one can tell you or your mom what the best thing to do is. But I think when news comes you will know more clearly. The reverse split then having less shares does not in itself make things worth any less money. You less shares but at a much higher price per share so you are even there.
If they raise some money it might be less than we hoped for , but should be higher than where we are today.
But again we are still in the dark here. No one knows much of anything. So go with you and your moms gut feeling. If shes involved here she must have had a good reason :)
Best of luck to you and your mom!!!!!!
I think what I did is in my head I have been figuring out worst case scenarios with money raises which based on the current value and what Bates was trying to get would be about 1/10 of those figures or .011 a share. Because the stock would reverse first the new shares would take away a lot of value. This is why I was mentioning this to the attorney who obviously already knew that but I stuck up for us.
The 1 cent is a win, 11 cents is a huge win. Keep in mind that example is based on the 500 million someone asked about. 250 mil is half that. and so on. So that is where it gets murky , and difficult not knowing about the money raise (if any)
You are correct. I deleted the post and will re-post below with correct decimal point this time..(thanks for catching that)
We have 4.2 billion shares currently outstanding (that is what the TA said and wrote in email)
So first you have to figure out the min stock price of say 4.00
If you just took 4.2 billion and multiplied it by 4.00 you would have a 16 billion dollar plus valuation. (too high)
If you did a 1 for 10 it would be 1.6 billion
1 for 100 would be 160 million
etc etc
If we were going to open with a market cap of 500 million (as in your example) and no new money was raised...
125 million shares x 4 = 500 million.
To get to 125 million shares 4.2 billion/125 million
1 in 34 or so.
1,000,000 shares now / 34 = 29411
29411 x $4 per share =117,644 or .117 a share Since you started with a million)... <--your equivalent price based on shares you own now... so multiply what you own now by that number to get what you would have in value to sell
If Bates bought back 2 billion shares , could be double that.
If new capital raised , would be lower depending on how much.
But all speculation because we 1- do not know if we are involved 2- do not know the deal or market cap
Also if new money raised the value we get goes down the higher the new money raised is etc...
Everybody here is in, except the few I have blocked.
Going to shoot for midnight so check in!
We know it was not private Friday :)
Public shares traded. If it trades Monday, it is still public :)
Technically if they bought back a ton of shares and own over 50% , maybe they could pull that off but doubtful .
I have to say with all this speculation going on , with MODI coming up and with the odds of WSTI or ImpactPPA being big enough to pull something off we would have to get a press release very soon. Monday? This week ? Few weeks tops..
LOL no , I am REALLY giving away a prize. Shipping on it is free from the seller, will just need any address the winner wants to send it to :)
I bought one for myself. I love it. Its perfect for a deck or small patio. I cranked it up last weekend. Even though temps here were 90-100 I had hard ice the next morning after people came over due to the way its constructed.
It fits quite a bit in there. I had beers, smirnoff coolers, and pina colada mix and some rum mixed with cream in there and there was more room.
The BLIZZ Giving Away a Real Life PRIZE here ...
Will announce details tonight!
We have been through a ton of carp here on the boards over more than 2 years and the BLIZZ will be giving away a pop-up Bar to the lucky winner.
Either you can use it for your Dom Perignon, or the last of the scotch you had to borrow from your dad since you couldn't afford to buy any liquor yourself.
The bottom line is you win no matter what!
Dont worry while my gold plated Lambo might still be on hold...
Gold Lambo
The Blizz is splurging on his friends..
I bought one of these for myself! It is the bomb. This is the PRIZE being offered..
The Winner Gets this
Two many unknowns here.
But
1- We are not PRIVATE
2- We do not know the deal. Deals can be good, they can be bad..
3- We have not be merged/sold which would require a shareholder vote.
This pretty much eliminates most options for WSTI to be the 2 just mentioned.
However if there is in fact a 3rd based on the bell ringing dry run and deleted tweet reply that could possibly be us as we were subpenny and had lots of debt that was cleaned up
However it is possible that was just a miswording or mistaken posting.
Like we all said, uplisting from here would not make the most sense for shareholders.
Right now if anything the speculation of such is probably keeping the share price down.
Also , while too late to act.. the NYSE opening bell usually has a 1 day or a few days notice on who will ring the bell. Been following it, but so far nothing...
New rules allow for confidentiality in registrations under 1 billion. So we might not know who it is , but if its us, I assume we would be made aware for various reasons.
But, we are NOT private.
One of the two could be ImpactPPA. This would be good for us. No money raise dilution for WSTI, chance to come off dark and grow.
With all this going on we need to come off dark really soon. And if any of the 2 or 3 companies involved (2 recent "private") or the other "sub penny to nyse" one mentioned with the bell ringing dry run) are us or related to us it would make sense to have news out prior to the MODI ceremony.
So I gotta give it 75% we know what is going on with 2 weeks tops if not this week
Most likely... unless there is something we do not know but will find out very soon , we are NOT one of these two companies. We are not private.
While it is possible that we can be merged or a new entity will try to buy us out shareholders would have to approve and that would happen before such registration etc... It can happen afterwards of course but if we were part of it now we would have to know etc..
However this still leaves open the case of the "from sub-penny and millions in debt to clean balance sheet and uplist to nyse"
That first one could be us. A private company would not be "sub penny", and usually the only small companies with tons of debt had convertible stock loans , cause no one would lend them a ton of money unless they knew they could sell stock.
Also that first "client" was already practicing ringing the bell so their process has to be done or far along or they wouldnt be up there.
"Before such a merger can take place, shareholder approval is needed for both companies. So both boards of directors of each company will seek to gain shareholder approval so that the merger can take place"
I think we all might agree it might be better if it was NOT us right now (as RSH pointed out as well)..
If ImpactPPA raises money it would have its ICO money and IPO money and feed the snot out the pipeline with huge revenue for itself.
WSTI would open, get filings in order, come off dark and have 50-75 million in sales almost immediately , no debt (or very little)
It would be better for Bates as well. This stock could much higher and he owns a lot of shares and would be a millionaire himself, along with a few family members I believe .
Win win for everyone..
ImpactPPA is though. It would not have a 250 million plus valuation on its own .
But even if it did, that would be good for us . They could go public raise money and feed the pipeline to WSTI which would go up after coming off dark and getting its filings going and grow organically as RSH and the rest of us had hoped.
It is also possible there is some other type deal or a new holding company formed to hold both WSTI and Impact shares. The new holding company would be private and go public.
Already did that. Had a conversation online (public) and offline (private). Mainly to get that point across. I think I got that point across as best I could.
RSH, everyone favors that. The thing is, like I said, if it happens either way it is not up to us. The only reason we are discussing it is that the attorney posted a tweet saying one of their clients is heading that way. Upon looking we found it was a rare thing and many if not most of the other tickers we know they are involved in do not have anywhere near the sales WSTI has or potential. But still it might be someone else
Also while the long term picture of slowly growing seems to make the most sense for value, the longer term also involves different risks. As we have seen in the past the collapse of oil prices led the many alt energy companies going out of business. The economy could crash along with the stock market and the opportunity to get capital and grow could be diminished.
This month we either get news and come off being dark and inch higher or we uplist. Either way it is not up to us but whatever the company and their advisors decided to do.
A bunch of us have been going through the details of the stock that traded before the preferred amendment on the Wyoming site.
WE have long speculated that the way to do this when a former 160 million dollar company was selling for a market cap less than 500k (for a while it was 220k).. would be to store away that stock with strategic investors or buy it back before making changes after freezing out or paying off the toxic notes. I was going through some of my earliest posts here a few years back well before the exciting new "news" of major contracts and debt liquidation.
Say for example I knew WSTI had value and had money to fix things. I could have bought 2 billion shares, loaned WSTI 10 million dollars to wipe out the debt and on the other side owned 50% of a company worth 50 million or more. Essentially a zero risk proposition. Now it would be 160 million or more market value, perhaps much higher.
Lots of other options or combinations of things that can be done of course.
Seeing that such a process where a sub-penny stock loaded with debt is heading to the nyse is so rare that none of us could even find a single occurance of that happening. It seems to me that there is a good chance it is us.
Think about what this company was stated to have..
CLEAN BALANCE SHEET
That would mean the legacy issues were fixed.
We already know there are lots of sales (Haiti, India, Africa,Kuwait and more)..
So you have clean balance sheet, lots of sales, an exciting product, a crypto angle etc.. You have all of what you need.
Did you ever get the outstanding stock information Sidishere?
I agree with both you and RSH..
Best course for us would be
1- Coming off being dark and getting filings current
2- Press releases to update shareholders.
We would naturally rise to a more fair valuation then be able to book sales make money and move up normally to a decent level before exchange switch.
The problem is, it is not up to us. And some things being said seem to indicate a different plan so people have to be ready just in case that happens. We will know very soon and be able to exclude us from the possibility list as whatever NYSE is hatching will happen between now and say the first week in August, maybe even this coming week.
But to be honest. I have not found any other cases of sub-penny stocks with millions in debt cleared heading to the NYSE and it is hard to believe there are many prospects out there.
WSTIs sales probably look like this
2015 - about 4 million
2016 10 million or more
2017 ????
2018 ???? - But capable of being 50 million easily
One thing that has to be said here is that due to the decline in crypto it has been hard for ImpactPPA to raise funds. However, new stuff is in the works with traditional financing with people like 10pwr etc and Crypto is starting to level off and pick up and the team is working very hard. Keep in mind the Millennium deal is circular paper stock money that might work out but is not cash.
Somewhere though if ImpactPPA is short of goal, money will need to be raised. This often happens with an uplist that is why it is being talked about here to see what the scenarios might be.
First song to be played at the WSTI Party..
Flashing Pictures of Dan Bates and ImpactPPA/WSTI staff..
"Ive got the Power" (pun intended)
(just in case you missed my tweet about it)
Also got retweeted by blockchain articles hitting 4,000 people!!
Ive Got the Power
Nice car!!!!
Have fun! Being around friends is the best! My closest friends I have known over 40 years and see them all time :)
Enjoy your time!
Good post! I have been trying to find a single company that EVER went from sub-penny stock with million of debt to the NYSE and could not find one.
This is why I find it hard to believe that the workout firms have more than 1 potential candidate in their group of companies they work on. It is possible but not likely.
Your post on staying in the OTC is spot on. However a few things changed recently. The NYSE bought the American exchange and opened the NYSE-MKT exchange which gives higher end OTCs a shot at being on the big exchange. and the rules for direct listing also changed.
This is probably why I have never seen it happen before and why it is possible now.
When you have a CEO speaking at the UN, and meeting the Prime Minister of India and a company with a pipeline of over 180 million dollars and crypto angle which is legit with one of the founder of Ethereum on its advisory board you have all the right the pieces in play.
This board has some of the brightest people on it. I have spoken to them for over 2 1/2 years. Many of the large holders have had personal contact with this company going back many years.
The time is right. Market is holding up, higher oil prices have given a tailwind to Alt energy companies, Crypto which was beaten up is slowly recovering and natural disasters across the world have people hungry for solutions.
All the pieces are now on the board and the game is about to start.
No one knows for sure how it will all play out but I certainly know the company is worth way more than the current market cap.