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I'll discuss this with him next time I reach out. However, the savvy folks prefer to not have it updated so more can be gobbled up and locked ;)
I agree. Never seen anything like this before. In fact, I don't think this has ever happened before...and may not ever again. Once in a lifetime chance! The patient smart folks see the finish line. $MNII
Honestly, either way we may see a payout. If Cuba pays great! If the US goes light on Cuba, then these companies will sue the US gov't for the balance. In fact, considering the US certified the claims with 6%, we might have a better chance of seeing a full payout that way. Great for shareholders, but bad for any chance of restitution with Cuba. This is very, very complex! But if someone pays the claim in full, these shares are valued at $165 per share! $MNII
Bingo! Float is probably mostly locked anyway as the smart folks are packing it away. Minus a few flippers or profit takers, this will get crazy soon. $MNII
Less than that. I have confirmed with the company that the OS is 1,280,597. I'll let you guess at what the float is ;) $MNII
Why are people selling this?! Apparently they don't know what they own lol $MNII
If people try to flip this, they'll lose the greatest opportunity they've had in stocks, period. I'm a buyer here and will scoop every share under $.10 and bury them for good! $MNII
Valid point. No one saw Brexit happening lol. One can hope I suppose... Have a good one!
Careful what you ask for. Hurrying to resolve this issue isn't necessarily a win for MNII. Probably means Obama concedes in negotiations and we lose out, meanwhile they lift the embargo because, well, that's what he does. I'm all for a fast resolution, but this is a very complex issue that I don't think will be solved so quickly. It's definitely nice that talk are underway. The other possibility is that the US sweeps these under the rug and the corporations sue the US for what they deserve. They might actually have a better shot at a full payment of that we're to happen since the documents are official US Gov't certified claims. Either way, will be interesting...
Peeps selling this before news are crazy! Symbol change coming along with company game plan. $IEECD $YSTR
Totally agree Cheeky! This will rebound... $TEUFF still looks like a steal at these levels. I'm loaded for the future!
For the record, I'm long here. Not buying more as I've had my fill. Not a basher, just being real with what's happening. The new financing doesn't take effect until the contract is signed (which hasn't occurred yet) per the last PR. This company is WAY undervalued down here, but with the volumes the last couple of days, this should have gone up so much more...
I think it's the $250k note they signed up for in April. CDEL diluting into the bid and smashing the runs. With this volume the last few days, we should be at $.10 or higher. Unfortunately it's not moving until CDEL has his fill and moves out of the way. Once financing is officially signed, that could kill the remaining note. But note holder is smart to convert lower and probably buy back shares to ride the wave up. $TEUFF should rebound, but will need constant buying pressure until note is gone...
I'm looking forward to a very lucrative week coming up! $TEUFF going to make waves ;)
He's not here to save the world LMAO! It's obvious... $TEUFF
And you think should hanging out around a penny? Why would big banks renegotiate if they thought was in trouble? They would take them for what they're worth now if they didn't think delayed payments would help them get back on top. Apparently you think lenders don't know what they're doing??? Ha ha ha
Remember this is a QX stock with substantial value and business trading for almost a penny! I hope your lowball bid wasn't too low and you got some shares for Monday! $TEUFF
In regards to the r/s, know that for the last year, they added 300k shares to the OS. So unlike most OTC stocks that endlessly dilute and r/s to make it look more active for new suckers, this is quite a different process. They aren't endlessly diluting and the r/s would be used to get onto the main exchange and potential better financing/large investors. Being at this PPS is a joke and we should see a big correction to about $.50 soon.
That's crazy!!! Should be 100x that!!!
CDEL running this market. Backed above 2 and top bidder... Go time?!
Break .0185 and 1s are done for good... Going to .05 EOD?
Should've saved some freebies for the big jump coming...
If people actually read the last filing, they will see this potential is ridiculously HUGE here! And then put the latest PR in context with the last financial...and BOOM!!! $$$TEUFF$$$
Company still buying back shares and cancelling them. Until September 29, 2016. Up to 10% of outstanding shares. Only purchased 208,160 so far. Can go up to 3 million shares in next few months... Things that make you go YES!!!
Yes sir, saw that! Just a write down on their capital. This is ridiculous lol!
Liabilities have decreased YoY for the last four years (significant drops). The restructuring of the debt will allow them to pay down much more this year. Revs remain stable to growing this year. Why on earth are we trading around 1 cent????
Agh missed that op to scoop more... Dang!
Also QX status! Not QB or pink. For this to be under $.50 is a joke! $TEUFF
With another push of volume, we launch! Daily volumes are tiny. I'd like to see 10 million today and lock that float. $TEUFF so much to like here!
WAY undervalued!!! $TEUFF
You too MADD! Great one to be apart of...
Peeps gonna miss getting in early on this one! Looks like a beast in the making...
Morning gents! Looks like a winner! $TEUFF
I agree 100%! Last time VNDM was here they dropped about 3 mil shares. Think they're a bit short of that now, but the OS is still very small here. More shares will add some fluidity to the daily trade cycle. Still holding my shares and the PPS will rebound quickly once the little dilution stops. $FTPM
Ha ha yeah! This one screams scam! Fun scalp play though...
Took $633 profit from 6 back to .099. Easy money bounce :)
Just trying to score some 6s for a quick flip lol
Total float as of June 6, 2016:
13,532,915 shares
Free trading float = 3,132,915
Insiders control 76.86% of float = 10,400,000 shares
Jeff Wateska - 1,700,000 (12.56%)
Paul Overby - 1,400,000 (10.35%)
Jim Kiles - 1,550,000 (11.45%)
Martin Schiff - 1,400,000 (10.35%)
Rohit Gangwal - 1,400,000 (10.35%)
Robert Petchel - 1,550,000 (11.45%)
Ashish Badjatia - 1,400,000 (10.35%)
Just concerned that if Obama tries to make this happen too quickly, big concessions will be made and shareholders could be out of luck. But the other question remains, will the next regime continue the talks or not? Or at least give it the same priority? Then, how will Cuba address the payment? Will other companies bargain and take rights or property as an offset, so Cuba needs less money to pay off Manati? Do I like the potential here? Sure! But I think it's VERY unrealistic to imagine this being resolved in the next two years at the earliest. And then, the payment could be over many years, probably not one lump sum. So many questions and slow governments leading the charge. Just trying to be real about the situation. BUT, am I willing to take a flyer on this? Very much so! GLTU