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As explained here ad nauseam almost daily several years ago, the daily short interest data is incomplete information. It is meaningless by itself.
Reasonable, well-grounded assessment.
Yeah, sure. For the last two months.
What about the years before that that Eves and Nearly have been running the show? Would you say they’ve been careful about the share structure that whole time? How do you think this allegedly “careful” share structuring is going to look once payments to creditors are reported?
Do you think 1000 percent dilution is funny? How come no one talks about the new AS count being the same as the pre-split count? This effectively means the current .40 PPS makes the real value of each share .0004.
If you think dilution is funny, you're gonna love watching this tank to subpenny again once the monthly bills start getting paid and true valuation catches up to it.
What people have really noticed, over decades of company futility, is the ineptness and dishonesty of management.
And don’t forget, in addition to management’s woeful record of “accomplishment”, there were also endless broken promises and bogus hype over alleged things happening that never came close to happening.
You got that right! In the real world, results talk and bullshit walks.
Nope. When Eves and Nearly buy back some of the 21 million shares they secretly dumped before the split, I’ll take that as a sign I should consider buying more.
It's so awesome the way he shares news with us that others have to wait to find out. Nearly is the best.
Nice. I exchanged multiple emails with Nearly over the weekend, and I can vouch for all of that. He said news is “imminent”, too. So exciting!!
A quick reminder that the pre-split equivalent of today’s closing price is .0034.
The test plant doesn't really exist, in any meaningful sense, until it’s built and operational.
And considering our crack(-smoking) management team and deeply dishonest insiders were touting a 4-to-6-week rebuild in 2017 while simultaneously touting the testing of client coal in Q1 2018 and “financing through commercialization”, it seems safe to assume — nearly five years later — that the plant will not be rebuilt.
#swirlingthedrain
A connection would also seem more credible if execs hadn’t dumped 21 million shares.
Is that dude still smiling??
Maybe Eves and Nearly are trying to buy back the 21 million shares they secretly dumped.
The clown car rolls on, and the sad, long-running joke that is this company goes with it.
It’s been a profitable enterprise, too. The runs to .167 in 2012–ish and .27 in 2017, were especially epic for the Cartman portfolio.
Sadly, flip opportunities have been virtually nonexistent since that ridiculously manufactured Easter week spike in 2018.
Definitely not theguy110. He only buys at the ask.
Reminds me of endless assurances of imminent riches just because some Indian dude was smiling in a posed photo.
If if if if if ...
If we had a good management team ... if we weren't such a PoS company that the only financing we can get is the toxic kind ... if we just had revenue ... if we only had a product or service that someone wanted ... if we only get to commercialization ... if we just could get uplisted ...
After decades of futility, management dishonesty, and relentless scammy-ness, the ifs are unlimited with this company.
Lol. There’s proof. You just need to know where to look for it.
Hint: It’s not hard. In fact, it might be filed under “very basic DD”.
Some things there are, truly, no proof of:
1- company progress
2- honest management team
3- good news coming …
Should I keep going?
Sure. A measly $12,000 day is all the info anyone needs about this turd of a company.
Keep trying.
Thanks for the opportunity to clarify. Neither Eves nor Nearly filed Form 4s, like honest execs who care about transparency would. Instead, they took a more obscure route that allowed them to deceptively report that they “might” sell shares at some point in the future.
When asked about his filing, if posts on this board are to believed, Nearly downplayed it and said it didn’t mean he would be selling.
If you’re okay with that kind of BS, by all means keep buying. Just don’t expect that you won’t be mocked for it.
But for sure, they’ll need ever cent you’re able to drive the price up when they announce the new AS request and coming dilution. So keep at it!
Smoke and mirrors. Anyone who doesn’t mind paying the ask for a very lightly traded stock can easily drive the price up with a few small purchases.
The underlying fundamentals haven’t changed. A mountain of toxic debt still exists. They need to print more shares to finance anything going forward, including debt service. And management still believes so little in the future that they secretly dumped 21 million shares.
I appreciate the opportunity to explain these things over and over. Thank you.
Nobody said they’re not allowed to sell shares. Pay attention.
The fact that they sold shares, and the fact that they sold so many, and the fact that they felt the need to try and hide the transactions, and the fact that they did it right before a split and massive dilution is what’s significant.
But if that needs to be explained to anyone, they probably shouldn’t be messing around with feeble pink sheet companies.
Ok. Got it.
21 million shares secretly dumped by management offers zero insight into this company. But 10,000 shares bought is a sure sign that we’re moving up, despite the complete lack of evidence of any positive movement by the company.
I’ll leave it to others to decide how much, or little, sense this makes to them. I have no problem calling it complete and utter nonsense.
But it won’t.
It could also come down. And considering the artificiality of the rise, I’d guess it will come down quickly.
Again, the value of the shares is irrelevant, as you know, since you’re just as quick to tout Nearly’s holdings as being proof that he’s committed to the company.
Can’t have it both ways. Management doesn’t secretly dump tens of millions of shares when good news is coming. It just doesn’t happen.
Lol. All hail the great and powerful theguy110. 21 million shares secretly dumped by management is somehow insignificant, but 27,000 shares causing artificial market movement is extremely significant.
It also has plenty of room to go lower, which it will. It’s just a matter of time before this turd is below a dime again.
Nearly is no longer the biggest shareholder. Do some basic DD. He dumped millions of shares and hasn’t bought a single one back.
Well now they have closer to nothing because they believed so little in the company that THEY SECRETLY DUMPED 21 MILLION SHARES.
And they did that after four years of lies and bullshit that ended in utter, complete failure, unless you count the way they enriched slimy noteholders.
Only a moron could believe Eves and Nearly would dump their shares while simultaneously thinking good things are coming for retail shareholders.
Also, why should any retail investor buy shares before Eves and Nearly repurchase the shares they dumped?
Put another way, why should retail investors display more faith in the company than Eves and Nearly do?
The value of the LARGE dump is immaterial, which goes without saying among unemotional, eyes-wide-open investors.
Nearly was the largest individual shareholder before he and Eves secretly dumped right before the reverse split. It's never a good look for management to dump large amounts of shares. When they try to do it under the radar, right before sticking it to honest retail shareholders again, it smells as bad as it looks.
Thanks for the opportunity to explain this again here.
Everything is in the past. Doesn’t make any of it irrelevant, especially the parts that add up to the repeated futility and scammy-ness that is this woeful company.
You gonna keep ignoring that 21 million-share dump by Eves and Nearly? How about the “shell risk” listing?
The clown car rolls on.