Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I would use this interpretation of the recent posts.
Of course, if someone's time horizon is a couple of weeks, and something will happen within a couple of days, then that would be "near", don't you think???
JMO
That is not what facts is referring to. LMAO
No, not necessarily. That could be a broker buying up the shares to pass to Henry once current for him to retire. The noteholder is putting them on the market, but somebody else is making those large average transactions I would think.
Every new share converted and put into circulation reduces the value of the shares you hold since the value of the company is divided into more shares. In reality, although the value of your shares is decreased, investors perceptions may still move the stock up if they believe the future prospects of the company outweighs the number of increased shares. As a rule of thumb though, more outstanding shares is always worse than fewer outstanding shares. Just think where the PPS would be if those buying the new shares were buying already issued shares. GLTU!
Is see two avg trades totalling 108,999,781 shares.
In a lot of opinions, that is Henry's broker buying back shares to retire once current.
Where did the money the CEO is using to buyback shares now come from? Also, where does it say that environmental impact of projects has to be considered? I definitely may be wrong, but we may be confusing the ability of the fund's primary owenership to make decisions on what projects are funded and the role of the fund's required auditors. I am not saying he can use money from the Lux fund to buyback, but he could use fees obtained for its management.
Did you notice the avg trade after hours was the exact amount of shares as the regular trade at 15:59 41?
I jumped in for a million shares. It looks like they will get current soon. Obvioulsy, the revenues are not optimal, but definitely not terrible in an emerging industry. What is expected since there were no subsequent events listed?
These are average buys correct? So, I assume if the average price is at the bid or below it shows as a sell, and if it is at the ask orcabove, it shows as a buy
According to the CC there was one noteholder who refused to be paid off and has been diluting the last several days. As for last month, I believe there were a couple more that were converting and would not take a payoff that were done before the last CC.
Since 02/26/21 when the OTC was last updated.
Were you able to verify the last noteholder is done converting?
I am fine with that. Just get them all out there so that we can really move when the rest of the really good news hits.
Does anyone know if the quarterly reports will come out together or separately? If mid to the end of April is the target, we should be seeing one or two filings per week if they are coming out separately.
Agreed, the available shares is 31 b, but the outstanding shares is what will matter.
Does he need the link that allows him to read the articles of the fund, changes, etc...? If so, I can go back and get it, and I know NYC has it.
Did he just say that he thinks once they can incorporate Vinafilms numbers that alone would be enough to uplist? Wow!
You are correct.
I do not care if they come out 5 minutes before the CC as long as they come out.
That is another average block trade that occurred throughout the afternoon to reach that number. The broker then posted the entire amount.
I may have missed this back on the 5th, but did anyone see the NSCC proposed change that shorts have to deliver back within 48 hours as opposed to 21 days as before?
How do you know they are not true? Pretty much all other than the verified CC last Friday are predictions. Maybe we should wait to see if they are true.
Need shares, but do not bring the price down.
Henry said he could not discuss the fund till the 10K drops. I assume he can acknowledge the funds and their compartments since it was initially created back then, but he will not be able to mention the amount in them till the more current financials hit correct?
I am not sure how much if anything Henry can say about the buyback. However, if he could say a broker has bought back so many billions of shares for Henry to retire once current, the filing of the 10K beinv a day or two from now would be an after thought.
I got a feeling it will not be canceled, and we will here amazing things. GLTU though! Everybody tune in to the call about Phil. Don't be a stone, participate!
Even if Henry is able to file tomorrow, will it not take a few days to post?
I think you are on the correct track, but I am not totally for sure.
Crazy, but ihub shows almost 200 million more buys. I am sure it has something to do with the potential broker buys scewing the buy numbers.
Well it is March, and the same irrelevat people, wannabe Claytraders, and others are still here offering nothing of substance regarding Phil.
You cannot post relevant information if you have none. We all know who is shaking the tree to try to pickup cheap shares of Phil.
I do not think it is a question of if he can do it as much as how can he do it and keep safe harbor?
Oh, they are coming out of the woodwork today. Would it not make sense for a broker to purchase shares for the buyback via t trades so that they show up near or after close as to not upset the market? That way the broker can continue to buy at a low pps till news hits. I cannot gaurentee that is it, but it makes sense to me.
The regulations state that if shares are bought back on the open market and the person buying back the shares has important, non-public information (in this case what is in the financials and big deals made), they can loose safe harbor. However, it states that if done through negotiated contracts, safe harbor is not at risk.
I think he has your post about Phil's financials confused with DP saying waiting 3 years.
I understand your frustrations. I graduated with a masters in business finance, but I will not pretend to act like in know the intricacies of such an audit including multiple foreign entities wrapped in the worst pandemic since 1908. Yes, I am hopeful, but I am realistic that Henry may or may not pull through for all of us. Frustrated or not, we know there is no other sub penny stock that has near the potential of Phil if it comes together. We are all in this dysfunctional family together, and we support our family. Lol GLTA!
Their FY runs from June to June.
It is suppose to be the 2019 10K. It will prove he is getting current, but the 2021 financials are the more important ones.
I am pretty sure that was a typo and was meant to be 0.009.