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Congrats to all the people holding long here!!! I hope you all make a bundle on this thing, cause you all deserve it for the LONG comittment you made to SSNT!!!!
maestro
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Is it just me, or does that analysis on VRNG that showed the company had little upside due to the future diluting with a settlement of $500MM with Google not seem INSANE TO YOU GUYS??? Lets assume the facts are 100% correct!! Can someone please explain to me why GOOG would even consider paying $500,000,000 to VRNG for patent infringment, when the company today has an MCap under $50MM!!! Hell even fully diluted it is no where near $500,000,000!! The truth is a $500,000,000 would make this share price more like $25 to 50 on a buyount from GOOG!!!
JMHO, cause the guy who wrote that article is clearly assuming GOOG doesn't just buy these guys out which is the END game here anyways!!! time will tell, but I bet they do!!
maestro
Congrats to all the people holding long here!!! I hope you all make a bundle on this one!!
maestro
Correct we are both here for one reason and one reason only!! To save people!!! Just doing the word of God if you will!!
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actually I left yesterday!! i am here just to make sure no newbies buy this without knowing all the facts about the pending R/S and stock diluting!!
That is my duty in life!! That and inefiecntly exchanging O2 to CO2
Sold yesterday!! buying back after BK announcement!!!
YAH BABY LOOK AT HER GO ON THIS EPIC NEWS!!! OVER $1 today EASY!!
What Company that does $50,000,000 in sales trades at 0.20 cents!!! None that's what!!
Up 25% on HUGE VOLUME ALREADY!! Just the beginning!! Fence Sitters are gonna be kicking themselves for not getting in at 7 cents last week!!
I am so happy i am drinking a ton of beer today so we can get to that $30,000,000 target tomorrow instead on 3 year!! Time to liquor up fast!!!
maestro!!
MOONTIME!!
TIMBER!!!!!!! GOING BELOW 0.006 Today!!! Watch and See!!
I Love it!! I Own nothing now!!! Just here to save all you people from COIN!!!
maestro
No thank you for saving me from myself Godfather!! I need SALVATION, and where better to find it than on IHUB penny boards!!!
maestro
Yah You Guys Are 100% Correct This POS Has To Go Down Now!!! Especially after the massive diluting that happened yesterday as predicted by everyone and then supported in last nights 8K!!!! Probably going below Zero soon!!! << OH THE PAIN>>> Just dump at any cost before the CEO steals your last COIN!!
maestro
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If the pattern hold tomorrow up 25 to 40% easy as we add more free shares to the stock pile!!! GO BABY GO!!
ASK SMACKERS ASSUME POSITIONS FOR 3:45 PM BUYING BLITZ!!
Wow this guy is really trying hard to do everything right now!! 5 fold increas in sales in 3 years!!! That is like HUGE GROWTH!!!! His plan to recapitalize the company surely worked, however he made a couple of fatal flaws I fear, and for this reason I do not see the PPS moving up much in the next 3 years!!! Here is the BIG MISTAKES!!!
1) He wiped out the 710 pre-split shareholders that financed his business and him, during the 4 years of flat sales and recession!! They now own less than 4% of this company. If you read the letter it basically states that if things go good, the PPS might go as high as you paid 3 years ago in 3 more years!!
2) He converted his debt salary owed at the absolute manipulated post split low trading PPS that did not reflect the value of the company all in the name of it was legal according to the filings. this conversion saw him paid 10 times the $1,200,000 he was owed for 6 years of employment!
3) With insiders and private holding holding all the shares, there is not enough liquidity for this stock to trade any volume on a given day to give anyone any confidence in investing any money any time soon!! enuff anys for you!!
Only hope is Mr. Meller does the honorable thing and retires at lest 50% of the outstanding shares, otherwise who in their right mind would buy and hold 3 years for a possible double!!! NOT ME!! not without a 10% divy paid quarterly!!
GLA!! Glad I moved on!!
current best bid 0.0137 man
Does Google not have a private corporate box for the Dallas Mavericks games?? If anyone knows for sure please let me know!!
maestro
Just for a test I tried selling 100K at 0.012 and it will not fill!!! That is 0.0008 below ask and NO FILLING!!! SHARES ARE TIGHT HERE!! Just keep squeezing the float by holding your core position and build a base of freebees and in 2 months we are getting $1 plus for this POS!!
Clearly no liquidity down here!! just look at the volume now!!! What options do they have short more!! WTF is going to sell at 0.012 or below?? PARABOLIC MOVE BACK TO 0.016 today!! grabbing 25% more free shares by the close!!
Relax!!! Parabolic Indicator just went off!!! This is aboutto gap back to 0.016 range, and with my 1,000,000 new shares I plan on adding another 250,000 freebees!!! the more people that do this the better when June comes around and GOOG gives us a BOATLOAD OF CASH!!
Lots of talk of VRNG news regarding suit!!!! This is why I am always holding free shares!! I do not want to be out if news breaks on that cause this POS could EXPLODE as a result!!! Just do the math!!
Swinging this PIG for profits!!!! All Good~!
Please just let the market figure out what CUBAN already knows!!! VRNG is going to get cash outta GOOG one way or another, and when they do COIN could be rolling in CASH!!
maestro
20120420|COIN|6426960|0|26340107|O
when there is this many shorting, they have to be negative!!!
Listen to opinions here, just facts like above!!
6.5MM shares short on 26MM traded and up day to boot!!
maestro
He has 6 L2 screens up from TDA and watches a stock he has no position in!!!! All the motivation I need to kep holding!!!
have a great one!!!
maestro
The only people that are concerned about the second to second trading of this stock, are flippers that are on the sidelines, and newbies who got caught buying the tops!!! the investors that bought this last month under a penny, in the face of EPIC diluting at any cost, will sleep well tonight, and have a great weekend!!! I know I will with my 3,000,000 free shares!!
maestro
FREE SHARE RIDERS BUYING BACK IN!!!! I AM!!
1,500,000 freebees!!! LOOKING TO GET 3,000,000!! in time we own the whole float and name our price! mine is 10 cents!!
and yet you convienently forgot to memtion the fact that the BOD has asked shareholders to vote against it!!! son your gonna get schooled today!!! i have 3,000,000 free shares from trading COIN and 5 cents is coming very soon!!
So Cuban went from not being concerned about VRNG to using it as a hedge!!! Wonder who told him that they may actually have a case?? Not like he decided this on his own after a Mavericks game!!!
Still Holding 3,000,000 COIN and 10,000 VRNG!!!
LOL what a liar you are!!!
guarantee you wil be chasing COIN back or 3 cents shortly!!
watch and learn son!!!
Why is everyone telling people to relax??? Look if I wasn't scared when I bought 2,500,000 shares of this POS under a penny when there looked to be no bottom, in the face of seemingly unlimited diluting, why would I worry now. See you all in June at 10 cents plus!!! Think about it Cuban went against his personal beliefs, cause he knows that there is a good chance VRNG will win in US courts!! Is that fair??? Maybe not, but I am in this for the money not the politics or ethics of patent laws in the US!!
maestro!!!
WOW this stock is clearly being held up by their position in VRNG!!! I am actually going to start using TA on VRNG instead of COIN as it is likely more accurate since this is currenly trading below bankruptcy pricing!
Have a Great one boys!!!
maestro
Morning Running!! if you got in this thing under 1 cents then pullbacks are not much of an issue to us!!! The truth is hat a % is investing and a % in traders! generally traders exit on resistance and buy on dips and leave at the EOD!! I think yesterday was about a 50/50 trader to investor day!!!! If you want to get to 10 cents or better we need shares to change hands. a couple more days like this and the only people that will own this company are ones who paid over 2 cents, which pretty much locks in profits till September for longs!!! This give us time to get a few payments from MJNA, complete the stock purchase of IP/VRNG and possibly get some clarity on the Google lawsuit!!!
I have 2,500,000 and I am not even considering a sell under 10 cents!!
GL2U and the rest of the players!! remember do what makes sense to you, and do not listen to others!!! had I done that I would never have bought 2,250,000 at 0.009!!
This news tells me that there is indeed validity to the VRNG patent case
http://www.forbes.com/sites/ericsavitz/2012/04/17/cuban-says-vringo-stake-hedges-patent-risk-in-other-investments/?partner=yahootix
maestro
Everyone needs to make up their own mind here about the value of this stock!!! All I can say is that those thinking this is going to 2 cents today are seriously under estimating the value of the stock and the current over-sold position!! Rarely does one get an opportunity like this. With 2.5MM shares I haven't slept much since I heard the Cuban news, cause it lends serious gredibility to VRNG's chances of at least getting a cash payment from Google to go away, or better a buyout!!!! This might be the cheapest GOOG stock ever!!
GLA!!
maestro
Hi Guys, and Congrats!! I know everyone is super excited as I am, cause I honestly love COIN the hedge fund way more than COIN the fertilizer opperator. I owned this company 5 years ago when they first started going public, and rode it from 3.25 to $16.99, where I made 50K profit, but that is nothing compareed to the potential now!!! This is one time I am glad I have less money than Mark Cuban, because I can buy a stock that is leveraged way more against the PPS of VRNG!! If Cuban bought COIN, he would own the whole thing several times over!
Have a great weekend all, but with 2,500,000 shares who can sleep!!
maestro
Hey Jim you seem like a pretty level headed guy, and like myself you got in at sub penny range and seem to be holding long, with some % trading!! The thing about the stock is it is very seldom that a stock is ever in the dilutive position this POS was in!!! The truth is the business is not great but the few things they do have going are better than the prospect this thing had when it was trading at $30,000,000 Mcap. For this reason I think the PPS will normalize now back to 5 to 10 cent range which is why I am holding out!! I make 100% in the penny world often, but 5 to 10 Baggers are hard to come by!! This may be one soon!!
GL2U maestro
FYI I think it may take till June 1 to get there, but I can wait!!
Anyone even considering buying should look at this!!!
http://www.qualitystocks.net/messageboard/search.php?t=22677&sid=bb08754b857d33dbd2af0b9dae37a6bd
Not that anyone would, not even the longs here are buying this story now, but the fact that Qualitystocks is no longer promoting this tells me I made the right move selling at 24.5 cents!!
Good luck guys, but this company is not worth 17 to 20 Million Dollars!! Either is the CEO!!
maestro
ps - couch/clown, just thought you might wanna know thw last paid promoter didn't do the job!! Seriously at least I should be able to add facts here for GAWD sakes, afterall I have a massive buy order at 4 cents!!
UHMMMMM Did these guys just cancel dilutive warrants???
Wonder why they do not need the cash anymore???
Guess we find out at 10:00 am today!!!
One thing from past experience with this company is they they tend to spill the beans a bit early, and yesterday it appears somoene was buying everything regardless of PPS!!
Holding till after the CC as there is a very good chance this ONCE POS could be worth 5 cents plus this afternoon!!
GLA!!
maestro
when you dump this many shares into the market the PPS will always be repressed!!! When it is finished, or the players involved know the majority is done, it has to return to more normalized levels!! I believe we are about to see a 5 to 10 cent share price this week, but that is JMHO!!
maestro
GL2U and everyone involved here that took a risk!!
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Hi!!!
I am here?? what do you mean here!! I post once a day on this site and only this site, and up till last week I was a shareholder of 35,000 shares!!!! I currently have no position as 25 cents was beyond too rich for this company on a go forward basis!!! I am still here with buy order at 0.04 - 0.06 cents which I believe is fair value for this company, and is a potential double in 12 to 18 months!! If I get it on a quiet day in the summer when this thing wilts on the vine with absolutely no volume GREAT!!! If not plenty of other plays out there!! This is never going to be an exciting stock since accounting is about as boring as it gets, and with management owning 96% of the company it is barely a public stock anyways!!!
Just remember if it hits 0.04 on volume, you know who got some!!
have a great summer see you in September!!
last post here till then!!
and yes you are proven wrong again, so plese do not bother responding!!! they know already you sold out too!!
Thanks disco,
I appreciate the comment, but the truth is there was something to be excited about here when there was only 4.4MM shares outstanding, and the company owed the CEO $1.2MM in debt!!! The potential upside here was very large as long as they became profitable and started to grow sales again after the recession. Unfortunately, we made a massive judgement error, in that most assummed that Mark would take a similar deal as Jerome Mahoney, or if nothing else take a fair number of shares!! Instead he clearly converted at a PPS that was never representative of the value of this company, and only came about as a result of the lack of liquidity!!! There is not one person that can Justify that for 8 years of part time work the CEO of this company should have $12,000,000 in stock when he was owed $1,200,000.
There is clearly no upside, and anyone holding out for presplit prices is foolish since 0.0002 = 0.3622 would be a $40,000,000 Mcap!! This company is not going to be worth $40MM in 5 years!! and the people holding 96% do not care either since they got a 10 Bagger locked and loaded!!
Good Luck on Future Trades, Plenty of other fish in the sea!!! I have Buy orders back in at 4 cents here!! If they never fill WHO CARES!! glad I am done!!
anyone else notice that on the VRNG news tab, they have the COIN conference call listed??
WEIRD!!
diluting is finished this Thursday IMHO!!
Please no pumping, just pray you bought the bottom here, cause if you did, this will be a great year investment long term!!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=COIN&MarketTicker=OTC&Typ=S