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Even his shares don’t amount to much anymore. There is something going on we will see hopefully sooner rather than later.
I agree with your assessment. Time will tell. Just sitting and waiting on my shares as well.
Look at otcmarkets $SNPW law firm and look at who’s listed as counsel for Solray. They are the same. Then ask why?
Can you clarify this dd - why do both entities have same attorney representing them? More than just an interesting coincidence.
Oh and you must be talking about your six shares.
You're not listening. William Eilers, the attorney is representing both entities. Same attorney would not represent both entities if there are any issues regarding conflict of interest or potential legal problems. Both entities would have different attorneys. Get it?
No ethical attorney is going to represent two entities with overlapping interests, related parties, and potential conflicts of interest unless all individual parties understand and agree to the attorney representing both entities and the various individuals in their corporate positions. My thought is $snpw and Solray are interconnected. So lets see what happens . . .
Sounds to me like you’ve invested in a company you’ve done zero dd on or are just pretending to be naive. Get up to speed on the prior reverse splits which occurred under different management before current management plan was put into effect. Show us the SEC info you supposedly filed or stop talking about it. I see it as you attempting to manipulate the stock for your own benefit.
No argument just facts based on the news filing. Sorry to upset you. Goodbye.
S-1 referenced. No Tekmovil deal referenced. No bullshit.
News release without mention of Tekmovil deal, suggests deal wasn't closed. Still no cash. IMHO
There were a net number of 65 million shares that went from restricted to unrestricted between share updates on February 9th and March 9th. My guess is these shares are being dumped on the market. This stock doesn't have a lot of daily volume. It's taken a full month to dump these shares. If there is no uptick in share price shortly, then it's something else altogether.
This is taking up too much of your time. You need to get back to $AX**
Not creating a rumor. Just saying $AXXA has more to offer than hype of $LT** or what became of Snapple.
Look at how company has grown in last few years. Not many companies can boast that growth. Flippers and lazy investors don't want to put their mind around the possibilities, growth potential and current development of a company with this many moving parts. They'd rather buy in to the hype of a new line of beverages offed by a company that will become the next snapple in a year.
Setting up a share buyback program is just setting up the infrastructure to do it from time to time if at all. Numerous companies have a share buyback program and don't necessarily buy back shares. The most recent share numbers from March 9th seem to suggest that a total of roughly 65 million restricted shares as of February 9th became unrestricted as of March 9th. It is my belief that these shares are currently being sold. This stock doesn't have great daily overall trade volume so it is taking awhile for the shares to be sold. Company is not going to put out positive info until those shares have been sold. Keep in mind management has told everyone the goal is to grow this company and in the process it is highly leverages with both good and bad financing attached to the various assets it is acquiring. Management is undertaking to pay down and/or renegotiate debt as it sees fit.
We'll see. If agreement was finalized on March 31st, then 8K filing timeframe should land today based on 4 day filing requirements. We shall see.
Everyone is aware of this. Still begs the 10 million dollar question . . .
Just because $TPTW entered into the SPA agreement doesn't mean they had means to complete it as laid out.
Doesn't matter how long they've had it. Bottom line is can $TPTW close the deal as agreed to? If not . . .
Half asleep at the keyboard? What's a "conoany"? Nice job updating us on the past.
Give us some current info or future thoughts. We already have a pretty good idea of what happened in the past.
Sorry I can't say the same for yours.
Have a nice day. Again, please do me the favor and block my posts. You evidently aren't interested in what I have to say.
I guess I'm just saying they leave out an explanation of any negative news until after required filing have hit. It's best to be proactive when it comes to damage control which they don't do a good job on. That's all I'm saying.
Then what are the facts behind the ongoing dilution?
I have no agenda. Just a long time share holder trying to make sense of what is going on. Just block me if you're not interested in what I have to say.
I've read it. Do you have a better explanation on most recent dilution then?
When company is silent it usually means something negative forthcoming. Negative short term doesn't mean negative long term.
You just need to do the math. In any event dilution is coming from somewhere.
Didn't even bother filing that financials would be late this quarter. Nothing more to say.
According to my rough calculations there were roughly 65 million of the restricted shares from February 9th that became unrestricted as of March 9th. My guess is that is the selling going on now. Also, normally when a company enters into most types of derivative financing, the loan agreements don't allow the company to buy back shares until the loans are paid back. Hard to say if these clauses are in any of the existing derivative financing loan documents.
I understand your point. I don’t see the point in arguing about what ifs. We shall see when more facts are made available.
Thanks for the example. Specifics of this debt restructure not disclosed.
Thanks for the example. Waiting on facts. Mature debt conversion is just one reason for increase in restricted shares.
Oh you’re right company just raised outstanding share amount and put the wrong amount on the amendment. They really wanted to raise outstanding share amount to 3 billion and do a reverse split. Seriously! Me thinks something more happening here.
You’re the expert.
You mean when you miraculously located that amendment properly filed by the company with the Wyoming Secretary of State.
Here start doing some homework so you can talk in detail myle-one Beteiligungen AG
Just because they're on the AXXA board doesn't mean they are about AXXA. Substance over noise or no one takes you seriously after awhile. Just my two cents.