Increasing shareholder value
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Cool. No Problem. Its all about information flow.
Your info might be better posted as a sticky at the top since its so important. Also "most" shares to be retired is an indefinite term so my purported wrongness is not absolute.
Good to know. Knowledge is power but hopefully the otcmarkets records can be updated soon to reflect this pre defined reduction in authorized "unrestricted" shares. The perception of 7 billion shares without direct links to your message can scare off new investors and depress stock prices. There are many penny companies with 7, 10 and 12+ billion shares on the books whose stock goes nowhere but down and they end up doing reverse splits and other schemes.
We'll see. But thanks for the info.
This 1.99 billion unrestricted shares are just shares held by any investors, company executives and people who did shares for services deals with the company that can be traded at any moment.
The restricted shares that will become unrestricted is what will slow the stock price rise down when sold. These new shares can be a good thing if done right by the company. Because current investors may want to hold on to their shares, the company releasing the right amount of shares allows new investors to buy larger quantities so they can make more profit since their yield at say 5 and 10 cents going to $1.00 will be lower. But the key is that new investors must be brought aboard because they are most likely to hold up to $1.00 a share.
Thanks.
20 business days (weekdays). Roughly by March 1, 2018. The penny markets close on the weekend so I subtract them.
I have no idea on their holding period. Most likely 14, 30 or 60 days (from January 22, 2018) and it may be an SEC rule. Its highly unlikely that they won't dump at once as I am sure they are much smarter than that. I used calculations as if they would dump them all at once though just to err on the side of caution.
This stock going up to 10 cents is a special case from the typical penny company. Just look at the cannabis stocks as an example. A lot of people steer clear just because its a drug with questionable legal status but their stocks still shot up.
This stock has hit a high of $.0094 yesterday. It was trading at $.0001 on October 16, 2017. That's 102 days (69 weekdays) and $.0094 / $.0001 = 94x return. 94x / 69 week days = 136% return per day. If this 136% rate per day was maintained for 20 more days it would take it from $.0066 to $.179 for a 27.2x return or 13.6x in 10 days. So mathematically it could hit 10 cents by February 10. (Note: This is not real world because as the price gets higher the pace of increase will slow, unless more lower yield seeking investors come aboard).
The 1st force which is this cryptocurrency craze is what is pushing the stock up, Not the company itself. The fact that this company which is already trading on the stock market and is seeking to enter the crypto craze and be an exchange (which is the 2nd force) provides even more support. Remember this stock languished around .ooo1 to .0005 for a while. The crypto craze just really got going in 2017. 10 cent for a stock is cheap and mom and pops can afford it and still make a profit because a $1.00 seems attainable and cheap also.
I believe that the only barrier is getting people to know about the stock. I've already referred 1 person at $1,000 and told them they should be guaranteed to double their money in a week or two at 1.6 cents a share since they bought at $.80. And this person is use to dropping $30,000 on $150 stocks for 5% ($1,500) gains. The real force is the fact that mainstream media is pushing cryptos so cryptos must be good for something (or that's the theory).
I'm also confident that such 10 cents can be reached because of a coming cryptocurrency insurance platform www.cubiccurrency.com that may seek to do business with Infrax. Cryptocurrency Insurance secured by specific highly efficient new energy technologies I know is the holy grail to all currencies and cryptocurrencies.
I'll try to be online Friday. That's 4 to 5pm eastern time on my end.
Greetings. I believe that if another 3 billion shares are churned through at an average of at least 150 million per day then it will take 20 business days to get to (a stable) 10 cents a share.
This may take longer because many investors have taken profits and only need to sell fewer shares now because their risk is eliminated. This means that the type of investors that need to come in at 3 to 5 cents a share are those who are looking for 5% to 50% yields on larger investment amounts or investors who believe it can go to 50 cents and $1 who look for 4x and 8x returns. Look at the Level 2 chart from your brokerage and you can see real time how the number of trades per minute have increased but the number of shares in each trade have decreased. This is a sign of more new investors and current investors holding shares (or market makers forcing smaller buys in order to increase trade fees).
If you set the current price at $.008 (I think it will pop on Monday from $.0066 from the 20 million share dump error) and you subtract $.10 then you get .092 difference. .092 / 20 days = $.0046 (half a penny) rise per day. That's a yield of 57% per day at $.008 down to a 5% yield at $.10. Thus in 20 business days (by March 1) Infrax needs to bring another (good) ICO on board or have a successful ICO with the current 1 or 2 companies they have to make the stock go past 10 cents a share.
Go to otcmarkets.com, search IFXY and click on company profile button.
This is the updated data
There are 5,530,894,237 outstanding shares of which
3,542,063,574 shares are restricted and
1,988,830,663 are unrestricted.
Restricted shares can mean that either the holders of the shares cannot sell for a period of time or it can be a statutory grace period when new shares are created. These holders of shares typically get these shares under some shares or debt for services agreement with the company. Because there are 3,542,063,574 restricted shares as of January 22, 2018 as shown on otcmarkets.com and as of December 29, 2017 there were only 113,543,574 restricted shares (as shown on investor hub), its seems impossible or rather unfeasible to be debt for services so I assume that the company will be releasing these shares to raise capital for itself.
They will not release them all at once but it will be like a new investor is selling shares and will slow down the stock price rise (and even reverse it if the company really needs more money). The main way for the stock to keep rising steadily is if the company can counter it with successful Initial Coin Offerings (ICO) and new companies coming on board to do ICO's in a sequential fashion. The fact that they are trying to help companies come aboard the ICO bandwagon instead of them being a pure ICO itself allows Infrax to essentially become a multiple ICO company which is good and each company is newsworthy.
Also the restrictions don't apply to you or your stock buying ability. They are just for the new stock that the company created. Best thing to do is buy now and bet on a 10x return (to 10 cents). Sell enough at 2 or 3 cents to cover you principal investment. It can go to $1 but the company has to bring aboard more valuable ICO's (I would say 4 to 7) and appeal to lower yield seeking investors or people who just want in on cryptocurrencies (which is a bonus).
Greetings. Here's churn rate math to $1.00.
There are 5,530,894,237 outstanding shares of which
3,542,063,574 shares are restricted and
1,988,830,663 are unrestricted.
Lets say that $1.00 is the target.
Lets assume that everyone holding shares will sale 50% of their shares before $1.00 so that 5,530,894,237 divided by 2 = 2,765,447,119 shares
Today's churn rate was 220,432,576 shares. At this rate it would take 2,765,447,119 / 220,432,576 = 12.5 days to churn through 50% of the outstanding shares.
1. Lets also assume that $.10 is a first price target and that the average investment is $1,000. This equates to $1,000 / .10 = 10,000 shares. This means we would need 2,765,447,119 / 10,000 shares = 276,544 investors. (Too Many)
2. Lets assume that $.10 is a first price target and that the average investment is $5,000. $5,000 / .10 = 50,000 shares. Thus 2,765,447,119 / 50,000 shares = 55,308 investors. (Still to many)
3. Lets reduce the shares sold to 25%. So 25% x 5,530,894,237 = 1,382,723,559. 1,382,723,559 / 50,000 =27,654 new investors
27,654 new investors / 650 message boarders = 42 new investors per message boarder. Hope for some MLM (Multilevel Marketing) and If everybody just referred about 3 people at $5,000 in 3 levels or about 4 people at $2,500 in 4 levels its doable.
If everyone tried to sell no more than 25% of their shares until after $1.00 a share they would still make more money than selling before $1.00 Lets be 25 Percenters and be hundred thousandaires!. The only hurdles are fear and greed.
Greetings. 100% Insurance coverage coming for cryptocurrencies. Infrax will get the chance soon and if they become an exchange they will need it. Its been in the works. www.cubiccurrency.com
Infrax needs more new Investors! Lets go out and tell friends, family and especially people conversing about Bitcoin and cryptocurrencies this weekend. More investors will support a solid rise to $1.00 a share. Have to churn through those billions of shares a few times and only new investors can do it. If you can't {or won't buy anymore} then spread the wealth.
Dominovas may not have started as scam but when they announced a reverse split of 500 to 1 and a pending authorization of 5 billion shares with their intent to issue themselves shares in the future under a wages for debt for stock scheme, then it became a scam.
A 500 to 1 reverse split would wipe Dominovas management's stock out. Why would they do this? Because they anticipated on issuing themselves more shares in the future. Kind of like starting a fresh company. This is where the scam really occurs and is pure theft by conversion.
If any investor thinks that a reverse split is good and that Dominovas management recently announced pending actions do not imply fraud and a scam then this investor is either working for Dominovas, trying to quasi short the stock or is naive.
All investors know that Dominovas is a development stage company. But no one signed up for the reverse split, unsubstantiated enormous share authorization, wages for stock-theft by conversion scheme.
Dominovas and management will get sued and investigated if they seek to execute this misguided scheme. Dominovas and management should not let their lawyers mislead them.
Dominovas lawsuit has not been filed yet because a definite cause of action needs to exist. Any lawsuit needs a strategy. The strategy that needs to be adopted in any lawsuit is
1. preservation of current share amounts held by current investors
2. preservation of current percentage ownership (within reason). That 200 billion share authorization is not within reason. 2 billion total shares is within reason.
3. and possible removal of current management based on incompetence or force them to create a division ran and funded by a third party.
On an individual basis if you sue and use a lawyer and win all you will get is your principal and the legal fees will eat this up so an individual lawsuit would be useless. Its too risky to ask for legal fees-American Rule, these judges are like rolling dice where law and case law is irrelevant and there is no right to to jury in equity cases. I doubt (but possible) that any investor is in for $20k or more.
The pre 14c stating the reverse split was only a thought by management. You cant sue on that because the pre 14c also says that there may be a 1 to 1 split meaning no reverse. You will get hit with legal fees on this ground.
However the most recent quarterly filing shows that they issued stock at $.0001_ whereas the lowest stock price i believe is about $.00035. This preemptive low stock conversion plus the 200 billion share authorization (although no new shares have been authorized) can be seen as stock manipulation. A lawsuit claim may be able to be made on this basis. I still wouldn't sue on this basis because its speculation and they can claim that the secretary of state filing preempts the words of the quarterly filing and that the 200 billion was a typo. I believe it was put there to create fear (which is dissemination of false information but hard to prove). The best type of lawsuit should have a criminal element to it, not just a claim of CEO being bad at their job.
In the end the best type of lawsuit to file is a derivative lawsuit which covers all investors and the best outcome are the 3 points stated above and the best time is after a reverse split of any ratio occurs.(Although ideally it should be filed beforehand, rich people with millions at stake do this with public companies all the time, but we are not rich so lets not kid ourselves.) The only way that management can get stock to themselves is through wages. Any bonuses and/or increase in wages would be grounds for theft by conversion if it occurred after a reverse split (because they took from us and gave to themselves with preemptive intents).
Currently they have gotten themselves into a legal trap. Dominovas calls it blackmail. The only way for them to make things right is to stop playing these small time money games in trying to just eek out a middle class living and to think about how everyone can benefit. When you put community before yourself you get helped to the top and the riches will follow.
200 billion authorized shares. Either serious typo or stock manipulation. Lets hope its only a typo (although it appears twice). Although page 3 in the recent 10Q filing shows that 1.5 billion shares are authorized as of February 28, 2017, pages 9 and 15 show 200 billion (200,000,000,000) shares. This would effectively push them to the gray market in which there will be no market for their shares.
Now I would like to give management credit for having the vision of getting listed on the stock market and seeking energy deals overseas but if this 200 billion is a typo then they need to have a serious talk with their accountant or review their proofreading process. If its not a typo then its pure stock manipulation. Based on intent, this is illegal too, And is grounds for a lawsuit also. Seeing that the stock has now dropped to $.0003, I'll attribute part of the blame to the 200 billion and the other half I will attribute to them issuing shares at $.0001.
I don't know. Maybe management is fine with scrapping by, maybe they have all the money they need to live their lifestyle. Maybe they truly believe that these investment funds are going to give them a billion or so. I mean, if I was to tell the richest man in the world that I will finance, build and operate a powerplant for him I bet he would say, sure!come on over! So its a no brainer that a developing nation would say the same and roll out the red carpet.
I understand that based on the last 10k, management has only 75 million shares between them which is only $22k at $.0003 a share. But taking shares from investors and giving them to themselves via a reverse split/authorize shares/stock for wages/bonuses scheme is not the way. Since it is obvious that management does not want to look foolish in that many investors would have more money than them (at $1 a share), their only options are to:
(1) buy up the stock with their own money which would in turn raise the stock price and defeat the purpose and thus introduce financial risk to themselves or
(2) give control of the company to someone else and get issued a consultant contract of a certain size payable in common stock, since common stock is the only stock that trades and is the most valuable in light of no revenues.
(3) the third option with the "theft by conversion scheme" I recommend that they eliminate because they would be looking at corporate and personal lawsuits and government investigations.
I hate to say it but they are making Black Americans look bad as there are only a handful of Black companies trading. This has gotten reckless. All they have to do is expand their energy technology portfolio so that they have multiple choices just in case one fails and not to bet the bank on one technology. At the end of the day patents mean nothing if you don't have the funds to defend them. Also just because one adds or subtracts a new method or material to a "solid oxide fuel cell" does not mean that the power output will increase. Its just a different way of getting from point A to point B. Even a 2 to 4% increase in power output would not justify betting the bank on unbuilt technology (which in this case is time, up to 2 years for Rubicon completion). Solid oxide fuel cell are an off the shelf technology and they could just as easily order the parts, build it and ship it to wherever.
Who knows? The choice now is either management continuing to have power over defunct company and not wanting investors to be richer than them (the ego is something ain't it) or management stepping aside and becoming global energy consultants for Dominovas and getting wealthy.
$1 per share in 90 days. Pending and I have been waiting on word from Dominovas management. Ever since they accused me of blackmail and since I laid out how I would sue them if they do move forward with their theft by conversion plans I have not heard from them.
I can only get the stock to a stable $1 a share if they issue a moratorium (at least 90 days and ideally 180 days or more) on a reverse split of any ratio. They also would need to tailor back that 5 billion share authorization to no more than 500 million additional shares. The moratorium and minimum share authorization was conveyed to them, but with no answer back.
The stock markets operate on fear, greed and rationalization. That 500:1 pending reverse split stokes fear in people and it would be very difficult if not impossible to convince the public to invest with that pending and is the reason why the stock lingers at $.0004. The 5 billion shares also induce fear and is irrational. It would be better for them to take a wait and see approach and authorize smaller blocks (500 million shares) to see where each block takes them. With the 5 billion they are only scaring people and hamstringing themselves. 500 million at $1 a share would give them $500 million value which is more than enough to fund their own projects instead of relying on some ghost funder.
Until they issue a binding moratorium on any reverse split and authorization of no more that 500 million shares it would be foolish of me to expend my money, time and energy marketing Dominovas stock. The energy technology to support the rise to $1 a share is ready. A virtual energy and aerospace division can be set up immediately. Unique technology is the key to any stocks' rise, not contract, not meetings, not memorandums of conditional funding.
From the lack of quarterly filing and lack of effort to increase shareholder value via my free marketing offer, I can only conclude that either management is incompetent or current management does not have any control over their "own" company.
If they don't act soon they may get an involuntary bankruptcy or a petition in superior court for incompetency slapped against them and I may have to come in and take control of the company. And then we can all be rich at $1 a share!
Post Correction: I meant "Theft by Conversion" and a lawsuit has not been filed by me yet. In reality a plaintiff has to wait for a cause of action to accrue. This would be the actual reverse split. Although there are grounds to file a preemptive lawsuit to prevent such damage to shareholders due to Dominovas filing of the pre-14c but because if I do file I will have to initially file pro-se and the liability will be upon me and I have to dot all my i's.
Theft by conversion means that although what someone is doing is legal they seek to convert it to their own use which is in violation of their fiduciary duty "to investors".
I have had contact with management. I have been accused of blackmail and conspiracy. I think they turned it over to a lawyer and I'm speculating that the lawyer told them to cease communication with me as I have not heard anything from them after I sent them a funding plan. Maybe they are reviewing their legal options to see if a case can be made against them.
Otherwise I have sent them a 90 day plan to get them funding while preserving all shareholders shares without a reverse split and raising the authorized shares by only 500 million shares. They can use their remaining 500 million shares under the current 1.5 billion cap for their operational costs for 6 months seeing that their total burn rate is $187,458 per month or $60,241 per month for wages only. At $1 a share they will have a $500 million value in their coffers in which they can get their projects going and Investors can pull out millions.
New distributed energy technology could possibly be provided to support this 90 day $1 a share target.
Lawsuit preventing Dominovaso reverse split filed when? And other than the 2 posts I made on April 5, 2017, posts 45189 and 45206, laying the groundwork for a derivative lawsuit, has a lawsuit been filed? Has Dominovas filed something stating that the reverse split has been halted because of an actual lawsuit filing? I have not filed a lawsuit yet.
I objectively think in my opinion that if any type of reverse split occurs and 5 billion shares are authorized and in the future management issues themselves shares (like a bonus or some big salary debt stock for labor scheme) that the cause of action of "theft by taking" and possibly "theft by deception" occurred on all shareholders of record as of April 4, 2017.
We can all be millionaires in 90 days at $1 a share. Spread the word.
Sent Dominovas prerequisite demand for Derivative lawsuit (and
I have just emailed the director and manager of Dominovas the prerequisite demand notice to filing a derivative lawsuit. Dominovas on April 4, 2017 filed their intention via a preliminary information statement. It was not a definitive information statement.(Go see the notice.) Thus in order to obtain priority I sent to them the minimum 3 elements (my first post 45189) Thus anything that occurs in reality after today such as any reverse split or the float release of any shares above the original 1.5 billion could possibly be subject to this written demand. You can reverse splits, its called a stock split.
All court stuff is theory and things move according to the will of judges. I will file prose thats $300 bucks, do a legal review first, whats 300 when you could loose millions at just a dollar a share. (never ask for attorney fees, defendants always try that frivolous mess, let them be on the hook for their own big legal bills, American Rule) and then if it passes the first hurdle I will let a law firm take over, might pay them in Dominovas stock. Also Georgia has mandatory nonbinding arbitration. At least I can possibly have a conversation as all my letters and calls go unheeded.
Knowing the way these courts operate (flip of a coin), management could end up getting kicked out and loose millions personnally all because they didnt see the bigger picture.
DOMINOVAS Shareholder lawsuit in works. SPREAD WORD. (and tell management)
Lawsuit will be filed if:
1. Additional authorized shares above the current 1.5 billion are released. Which is in opposition to the antidilutive financing promise. Material
2. A reverse srock split of any kind is initiated. Which destroys shareholder value because the 24 month fuel cell timeline, the potential reverse split, the 5 billion share authorization and the "what we perceive" non binding technology development agreements do not prevent a further stock price collapse even after a reverse split and such share higher share price can be artificially maintained by insiders because of the 5 billion quantity. Material
3. If Dominovas doesn't seriously consider other distributed energy technologies and accepts the creation of a third party run and financed division for which these technologies can be implementedy. Which is in line with management's claim that it is looking for various energy technologies. Solid oxide fuel cells lack strong intellectual property because there is nothing unique and game changing. Just because a patent is issued doesnt mean thats its good technology and that a judge wont invalidate the patent. Material
If all of these elements are maintained then we could see $1.00 a share in 90 days. We have these technologies in the areas of a more compact and powerful solar energy, higher electron storage capacitors, scalable multifuel generator engine and vtol (Flying Car).
We are stockholders and are based in Atlanta Georgia and are serious. We will run this through the court system.
More info coming next week at www.inventionstocks.com