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Still here. Had a day off yesterday.
Well,.... what can I say. Very disappointed but the situation is not as bad as it looks. I expect more news soon and then we will see.
Now let's talk about TCPS. I still like the MMJ business and don't forget ours is a bit different. We sell the tools and not the weed. I'd like to know more about Zimbali but there is very little information around. Once we get the Q2 we'll know much more. The MMJ is big business over the next years. It will pay out. As you know TCPS is silent for months and then suddenly explodes. From 0.0025 to 1 cent only takes one good news. Can happen any day. I use the cheap prices to increase my position. Right now I'm very dry (thanks to FRTD....) but just about 10 days ago I bought 1,3 million shares. I guess I told you that.
It is a very good moment to average down. Many people want to get out of MMJ stocks. Funny is that those who want out now at any price are the ones that a few months ago wanted to get in at any price. It is always the same story. The good thing is that this is also an indication that we are very close to the bottom. Don't forget that TCPS did a financing at much higher prices. They sold about 300 million shares at prices between 0.005-0.008. So buying at 0.0025 can't be that wrong.
So my advice is buy not at 0.0025 and I bet you triple it before end of July.
jazz5201, yes it will come out. The work is all done. Filings go on air as soon as the service is open.
goupyabeech, the merger is a fact now. We did prevail. Congratulations to all of us shareholders !
Mojo4899, Monday will be a great fantastic day for us shareholders. Tom kept his word and made the merger happen. I always knew he is going to do it. I'm very happy. Shareholders will be rewarded.
That is a very nice level.
No, I want it very close before trading opens. Don't want to give the shorts time to prepare. I want them to be shocked.
You remember : Shock and Awe.
On Monday Morning Tom will unleash hell.
Today is Saturday and the markets are closed. No need to inform everybody today. Important is just than on Monday before the market opens everybody know. Don't worry, Tom is making the announcement public via Newswire. It will be on every screen. Getting a lot of attention from everywhere.
Maybe you would like to have it that way. Sorry, but it is not going to happen.
We all have the announcement before trading starts on Monday.
Wrong. As long as the information is made public to everyone before trading starts there is no problem with it. Important is just that everybody has the same information at the time the trading starts.
You are 100% correct Sir ! We did prevail ! Monday Morning we have the details.
deer99, thank you. It's done. Monday we have the details. I knew it is going to happen. Always trusted in Tom.
OK. Sounds good to me. Now let's see the details of the deal. Guess Monday Morning they will announce.
No worries you'll get your PR !
ch1007 thank you very much. I'm sure it will have a good end for me. I'm not worried and I'm convinced Tom is doing the best he can for the shareholders. I understand that so close to the announcement he can't make any further comments and I understand very much (own experience) that paperwork with several parties involved needs always more time than thought.
Thank you again for the info. We will prevail.
Yes, 5,5 million.
I think everything is Ok with the other stock. We are very close to the announcement and therefore the CEO is silent. I'm very confident.
Thursday, June 5th. 2014. Good Morning ! Today, tomorrow or on Monday. Making big steps forward towards PAYDAY !
FRTD shareholders will be rewarded. That is a statement by Tom Parilla made 24hours ago. Doesn't matter if today, tomorrow or on Monday. It is going to happen. We prevail.
Questions have been raised. That is what I read. I don't read the word fraud and interpretions are like a**wholes - everybody has one.
No janice shell that is just wrong. That is just you would like to have it. The suspension has nothing to do with fraud.
The Commission temporarily suspended trading in the securities of FRTD because of
questions that have been raised about the accuracy and adequacy of publicly disseminated
information concerning, among other things, the company?s operations.
FRTD has not been suspended for fraud ! How can you state that ?
Fully agree with you about the risk and the costs BUT about 5 days before suspending the trading, after all the press releases and the merger announcement, the trading volume was about 400-500 million shares (total of these 5 trading days). The stock didn't move but was always kept around 2 cents or pushed below. The float in FRTD is quite small. A good part of these 400-500 million shares has been created. I don't say the short interest is 200 million but it is obvious that it is not 60'000 shares. My personal opinion is that the short interest is closer to 30-50 million than the official number of 60'000. In very few days we know what is going to happen. For sure a tragedy for one side.
I don't think the official short interest numbers is the total short interest. As long as you "cover" your shorts before the number has to be reported the official short interest number is always low. "Cover" doesn't mean you buy the shares. You borrow them (securities borrowing & lending is big business) but the short position still exists. I think the real number in FRTD shares short is much more than what is written in the official reports and therefore there could be a short squeeze depending on the details of this merger.
Just be patient. The merger will happen. Working on the final details. Announcement as early as today but most probably finishing everything at the Weekend. Would make a lot of sense to announce on Monday. Shareholders will be rewarded. Be patient and have faith. We prevail.
Zurich
I'm just south of you. Same language.
Europe
Here we have a day off because of Whitsun. Not sure if market is open or closed.
That is indeed a very nice level to start selling a first part.......
Thanks. I know it is going to happen so I don't care waiting a few days longer. Long weekend coming. Tuesday Morning it is a perfect deal.
Congratulations ! You got yours at a better price than I did yesterday. I see also .0024 was paid today. A real steal.
Increasing volume is always a good sign in TCPS.
100% positive that the merger is going to happen. Who cares about 1 day more or less. Important is that the papers are all rock-solid and waterproof. Good things need time. I'm glad they check the papers several times. Having the lawyers of each party checking it more than once makes it even more serious. It is going to happen. Later today or tomorrow. Bet on it !!!
to6908
Could not send messages for hours !!
I did buy an additional 1,3 million shares yesterday (not 1.5 million as mentioned in an earlier post). My whole position is 1% of the outstanding shares.
Finally it works. Could not post for hours and even reading the posts was not possible always. What was wrong ? Ihub did not mention anything about inconvenicences !!
No worries. We'll get our merger announcement. As early as Wednesday June 4th and as late as Friday June 6th. Then we have the long weekend and on June 10th some of us walk to the bank with a big smile. I bet I belong to the smiling gang.
My "war limit" has been executed. +1.5 million shares.
Too bad. I always appreciated it.
We are very close to Pay-day. Today or tomorrow. I'm very happy.
Thank you ch1007. Thank you for sharing the update. Very appreciated.