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Stop babbling. For the record I am a firm believer in capitalism. I do not believe in either a socialist nor a communist system of sharing the wealth. Capitalism builds wealth through incentives. Sharing the wealth destroys wealth for lack of incentive.
Are you telling us that after nearly a year of marketing their only results are DISCUSSIONS with a major school district???
Quite frankly, I don't really believe that there is any school district in the country with almost 150 buildings, but, if there is, I doubt that they would be talking with VRED. Nobody else seems to be interested in doing business with VRED lately.
Strictly for amusement purposes and to reinforce my belief that Barnum was correct. This board is PROOF that you can in fact fool some of the people all of the time.
Strictly for amusement purposes and to reinforce my belief that Barnum was correct. This board is PROOF that you can in fact fool some of the people all of the time.
There is some question as to whether their income exceeds their expenses assuming they are actually producing any oil.
Since we have no clue as to the assets and liabilities of NWOL (Public), it is just as likely that they have a negative book value as it is that they have a positive book value.
Hey, Lookinforaquarter (still hoping for a 20 to 1 (not a typo)reverse split?)
In response to your request. When you wrote "this puppy is going up" you evidently left out two words in error. "in smoke" You have hit the nail on the head when you characterized the stock as "this puppy" since the stock is obviously a dog.
We are all eagerly awaiting news of the signing of contracts which some posters anticipated many moths ago since the school budgets were passed many moths (oops, I meant months)ago. It was a freudian slip---the VRED story has many holes in it.
Have you contacted them as yet and if so, could you post any results from such contact?
I don't normally give investment advice, but, if you truly believe that in 2009, NWOL will have a book value of $20 to $25 per share and will earn $3.35 a share, you would have to be a fool if you don't beg, borrow or steal every dollar you can get a hold of and buy as much NWOL stock as you can. Even using an extremely conservative valuation of 5 times earnings, NWOL would be worth $16.75 per share. Some people would be delighted with a 2 bagger and ecstatic with a ten bagger. At $16.75 with a cost basis of 10 cents, this would be a 167 bagger or to put it another way, a hundred thousand shares at 10 cents would cost you $10,000 which if sold at $16.75 would yield proceeds of $1,675,000. for a net profit of $1,665,000. But, I doubt that you would invest $1,000 to make $166,500. because I doubt that you believe what you have posted.
The most likely scenario is that Audited financials thru 9/30/08, will show a net LOSS and probably a NEGATIVE book value and that any dealings with Sinopec, if any and any hotel deals, if any are totally NWOG PRIVATE with NWOL PUBLIC having no financial interest whatsoever therein.
I do. Probably to the Gray market.
It would appear that you can EITHER get back into VYON and buy more VRED --OR---make money. It is unlikely that you can do both.
It would appear that the manufacturer will continue making this stuff as long as there are true believers (long and strong). By the time the scammers are finished manufacturing the wallpaper, there will be enough to last for decades. It will never be a collector's item.
Make sure you bring your wallet, because, you will be expected to pay for the lunch.
Don't give up hope yet. There is still time for sanity to return to the electorate.
You might as well keep the shares. You have already thrown your money away. At least you can use them to decorate your walls.
I find it hard to understand the hold, hope and pray methodology of investing.
If one assumes that there are only 5,500,000 shs in the hands of the public ( a dubious assumption since the Transfer agent is gagged) then if the company declared and actually paid a one cent per share dividend combined with the announced intention of paying such a dividend on a quarterly basis, it would have to pay out only a mere $55,000. to the public. If in fact there are 10,500,000 naked short shares, then the naked shorts would have to either come up with $105,000. or rush in to cover their shorts before the record date. Since the float is only 5,500,000 shs, the shorts could not possibly cover and there would be a short squeeze such as has never ever before seen and the price of the stock would zoom out of the pennies range and into the dollars range.
But, this will never happen because in all likelihood, the above assumptions as to the issued and outstanding shares and as to the naked short position are not correct and the company is probably a scam.
Quite frankly that is the most intelligent post you have ever posted. I congratulate you. You have made me see the light and I will no longer waste my time with Delta Blue.
Delta Blue,
Do you think most VRED posters now understand that the absence of a "Market Maker" is an additional risk factor when it comes to trading a security.
I guess when a person is an insider and makes all kinds of dough on the pump they can have all the bells and whistles.
There is no bid for either VRED or VYON at present. Perhaps pinksheet.com's warning about no MARKET MAKER had some significance after all.
It has a better chance of going up in smoke. Nothing personal, but, it can be VERY dangerous to try to catch a falling knife.
You have NO gripe. You were warned a long time ago.
That's fantastic news and in recognition of that the stock is up 80% on a $144 trade. Since they are being so open about everything, perhaps they will supply data to pinksheets.com to get rid of the STOP--No information warning and maybe even get a market maker to handle the stock.
I agree except for one thing. There may well be one more final pump to let the insiders get out with maximum profit, and then, down the tubes.
September 3rd and still no announcement of new contracts. Is everybody happy?
Pinksheets.com posts two PROMINENT WARNINGS in connection with VRED. "STOP NO INFORMATION" AND a warning in respect of VRED not having a market maker (although you continue to insist that this is basically semantics).
The spread (due in great part to not having a market maker to maintain an orderly market) periodically ranges between 30 and 50 percent (basis the bid).
The average trading volume expressed in dollars is less than $2500 per day.
Since in your not so humble opinion, I am obviously not a trader, I humbly beg you (since you are apparently a trading guru), to explain to my ignorant self the pros (none unless you have inside information) and cons of trading such a stock.
I'm not going to dignify your comments with a response.
Evidently your comprehension is as poor as your spelling. The only thought that you should have garnered from my response (and please forgive me for this reality check) was the low esteem in which I hold your opinions. GLTY
It would appear that you would prefer to attack the bona fides of the messenger rather than responding to the posting. I am not about to get into a pissing contest with some juvenile who probably knows less about trading and investing than I have forgotten. Have a nice day.
Well, ROTFLMAO. You're always good for a laugh. Volume yesterday 6.8 million and WOW==went from .0025 to .0027. Failed at the 10 day MA at .003 Surprising until you realize that you are talking about less than $20,000 in TOTAL. Today now, today was a real big day. Total shares traded==508,100 or less than $1300 worth of stock. Oh, and back down below.0025!!!!! Obviously the shorts panicked. They got so sick out of fear that they all went home before 11:15 and not one share was traded after that.
One suspects that you may be something of a pumper, but, get real--this thing is going in the toilet (in point of fact, it already is in the toilet)unless they write some contracts which does NOT look very promising at this point. However, you probably did just fine selling on the pump between .03 and .045.
Have a great weekend all. Monday, the games begin again.
BTW, you called me transparent---Too bad you can't call VRED transparent.
Bulls and Bears prosper, Pigs get slaughtered.
According to the May 29th PR, K-12 school budgets are completed in May and college budgets in June and July, yet, we still have not received any news of ANY contracts being signed. With just four months and one week left to the end of the year, it appears extremely unlikely that VRED's projections will be met unless, they are keeping this information to themselves for unknown purposes IMO.
I used the word approximately. On a fully diluted basis, including the preferred (which is convertible into common) the market cap exceeded $15 million, but why are you being so picky.
I am not an employee of the company.
Whoops--The market cap just dropped to 7.5 million based on the last trade at $0.002. Oh well, easy come easy go.
Bulls and Bears prosper, Pigs get slaughtered.
The iBox shows a market cap of $191,640. as of 7/30/08. I have calculated the current market cap at approximately $15 million based on the current outstanding shs at a price of $0.004.
This is obviously a very significant difference and should either be explained or corrected.
You should either remove the estimated market cap which is grossly incorrect or update it.
As of 7/29/08, there were 3,749,747,467 common shs issued and outstanding of which 709,185,432 were free trading and 3,040,562,035 restricted according to an e-mail I received from the transfer agent on July 30th.
I think it was a TERRIFIC idea to provide links to pinksheets.com in the IBOX which will tend to encourage people to do their own DD, however, since the pinksheets report provides outstanding shares as of 12/31/07, and since there has been some dilution since then, it would be beneficial to also show the CURRENT O/S in the IBOX.
It makes sense to check it out. For all you know, I could have faked getting an e-mail from the T/A. simply to confuse everyone because I have nothing better to do with my time.
To speed things up, you might go to pinksheets.com and look at VREDS submission at the end of June which would show the 5 million authorized (as opposed to the 3 million in the IBOX) and would show the outstanding as of 12/31/07----approximately 300 million less than the most current figures.