Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I've heard it said that there's a multiple commonly used when taking these reported short numbers into consideration. In other words, you multiply it by 50 or some number like that. The fact that any short interest shows up on a pink sheet stock lets you know that that just scratches the surface. The short number that's actually "reported" is like finding one cockroach in your house and thinking that's the only one.
Agreed, the magnitude of what they're going to drop on us needs to be digested. Afterhours on a Friday would be the best time IMO. That way it can be dissected every which way, built some momentum and watch the fireworks happen on the following Monday. Gosh, I hope Eric hits a homerun here and gets the value of the company where it should be...
I'm betting he releases it afterhours. He definitely wants to trap those who are betting against him. I think he'd like to see the poetic justice happen that he mentioned in an email to those who deserve it...
You have to ask yourself this very important question: Why two independent library valuation auditors? Very telling to me about the direction we're heading. Wouldn't be worth having two auditors (independent no less) if there wasn't something HUGE going down. Any idea what these sort of audits cost? Hint, they're not cheap. Think six figures...
I knew what you meant, I was just messing with you. Keep up the good work. The DD on this board is second to none.
Built into the price? You sure about that? I like your detective work. You can PM all the juicy info...
You really want people to stop digging up stuff here? That's what makes this the best board on iHub IMO. The mods aren't too shabby either:)
I don't think any of the collective detective work here amounts to a hill of beans in the big picture. It's the speculation that's killing us. But I suspect we'll all be having a nice laugh remembering these days fondly in the not too distant future.
Great post. We can't read this enough...
Everyone seems to be constantly looking for the what 'deep dark' scheme Eric is pulling on us instead of saying "thank you CEO for taking action to get our real value recognized in the investment community". Stop thinking pinks guys and start thinking much, much bigger. Our CEO is doing everything we could possibly have asked for, we just have to learn how to take subtle clues, hints and behaviours we have seen over the last six months and draw our own conclusion. Either you believe in the man, or you don't ..
Thanks for the link, I learned something new. A falling wedge means the big breakout is inevitable...
He will come through again. Wait for it, wait for it...
The point I was trying to make in my original post was not to contact him asking for further clarification or information or to be negative and complain, it was simply to convey to him shareholder preference that we not be issued restricted shares in a potential spinoff. Now, some people may wrap that simple message into a negative, but that's on them. I've exercised my right to tell Eric what I like about the info he's putting out there, but I've also given him my two cents that I don't want to see restricted shares issued. He appreciated the feedback. Simple, done.
But suppose they're putting together a deal that is based on restricted shares because they don't know that their average investor is biased against it. Wouldn't you have wanted to have known that before spending countless time, money and effort concocting a deal? As a business owner, I know I always appreciate more info. And these emails wouldn't be rants about when is the PPS going to go up or how is the deal structured. It's simply a conveyance of a message to the CEO who is de facto representing OUR interests in his current negotiations. I see no harm in placing a simple, professional email to him stating what investor sentiment is. He's opened the door for communication by announcing the possibility of the deal without any details. In my view, that invites feedback as to things we wouldn't like in a possible deal.
I know many are dead set against sending communications to Eric, but this one I think is different. You don't have to do anything, but I'm going to let Eric know that I for one would not like to see restricted shares in a spinoff if that were to occur. Others may be or already have written him stating the same without any prompting. It's fair game and not an unnecessary communication from my point of view. Your point's well taken, but I see it from a different perspective.
Based on our discussions here on the board collectively from 5 or 6 months ago when we learned how Eric and the board structured the off balance sheet financing to minimize risk to the company, I think it's safe to say it will be another winning situation for us as shareholders should the spinoff happen. I've gotta say, Eric has a lot riding on the line with his credibility and his reputation among investors by going down this road. No reason to believe that history won't repeat itself here and we'll be in better shape than any of us are imagining right now.
I think we have a duty to send Eric & Fred an email stating the fact that collectively as shareholders we would be against getting any restricted shares in the spinoff if you feel that way. I would think that's something he'd want to know. I know he's a busy man and we don't want to unnecessarily communicate with him, but a simple email to let him know that as a current shareholder in TDGI, you would not like to see a deal happen that involves us getting restricted shares in the spinoff I think would be well received by him and in line with the tone of the PRs about him wanting to be shareholder friendly.
"Second, pray we're not getting restricted shares of the spinoff...It is a giant hassle to get the restrictive legend removed from a restricted stock certificate once the lock up is over."
It has to add up to more than we have now or Eric is a charlatan... which of course he's not. We're looking real good here. You're about to make millions. Do you have a cheshire cat grin? You should.
Man, the DD on this board is second to none. Nice sleuthing.
I don't think so. But volume can be very telling, and if Empire is about to do something big, some people may have found out about it and are moving accordingly. I would think anything Empire does at this point would roll through the PRO as I think Empire doesn't have the resources (nor the talent/capability IMO) to do anything spectacular. So we can only hope that something big is coming for Empire as that would bode well for TDGI's PRO and add to the bottom line. But I'm as sure as sure can be that Empire isn't tied up with the latest developments here.
That's so true. Guess the old cliche here is appropriate, we'll have the last laugh. I've never been so confident that we're sitting on the proverbial cliff ready to jump off and fly to a whole different level. 3 months ago I couldn't in my wildest dreams have imagined the opportunity that presents itself to us today with TDGI. Funny how things can change in an instant. And for once, this is a welcomed change.
Great insight, especially spelling this out:
he has had ample opportunity to scam us and instead has gone out of his way to make sure we are all in on what's going on here to the best of his abilities
I don't think that can be said enough.
Can I get an Amen to that?
Read Rylawi's post of an email from Eric. I know it's just an email, but you can only have 2 takes on it. Either it's a fake that Ryan made up or it's real. Ryan has been a first class guy since bringing TDGI up, always been honest and forthright. No reason to even remotely think Ryan doctored/created/fabricated this.
So then you have to conclude, wow, this really is from Eric. Read it, then re-read it again. This email alone should give you a ton of confidence and remind you why you invested in TDGI. The CEO is a fabulous guy, and he's doing his best to bring shareholder value to us in ways no one ever pondered. Hopefully this email will help elevate the tone on this board by letting us see that we are in great hands.
Thanks for sharing this with all of us. You didn't need to, and I for one appreciate the fact you did. Just as Eric, you're a first class guy.
By the time they get smart, it will be too late. I think a few are "quietly" exiting this stock, even at a loss, because these latest PRs threw up some red flags for them. Boy will they be sorry to see that this isn't some ploy to shaft us. Unfortunately, every single one of us here have been hoodwinked by a seemingly good pink sheet company that turned out to be a fraud and a scam. The only way that can happen here is through dilution. The very essence of a pink sheet company is their share structure. You can almost always tell what's happening with a pink sheet company by regularly checking in with the transfer agent. The moment the TA says they're gagged, you'd better bail. We continually check the O/S here and it doesn't change. They have published at least twice (not in emails or on facebook) that there will be no dilution.
I keep scratching my head wondering what scam people potentially see here. Either this is the MOST elaborate scam I've seen on the pink sheets in over a decade of trading them, or this really is what Eric says it is. I of course know this is the real deal because it's very obvious, now in hindsight and thousands of dollars poorer, that the way we get scammed here is by outrageous promises, but then dilution. Dilution just won't happen here, period. So let people make their beds. Unfortunately, many will be sorry they're leaving at this point when they find out it was the real deal. And the great fall-back here is Eric says no matter what, whether we spin off or not, TDGI will be a FULLY REPORTING company. How can we lose?
Off topic but related. EFGU is up over 40% today on low volume. Anyone hear anything that Empire is doing?
How anyone thinks that there will be dilution is beyond me. They've stated now in print at least twice that there will be no dilution, period. Pink sheet companies do not announce these kinds of things, they just do it. The transfer agent has been called today - and every day - and there is no dilution. Wouldn't it be happening now right after these so-called "fluff" PRs by some? Answer: Yes, there would be a quick gagging of the TA and shares would be hitting the market before we knew what hit us. Just because some don't understand the whole picture doesn't equate to dilution. Why would they put in print at least twice now there will be no dilution and then dilute? The latest clarifying PR even goes out of the way to state that: Regardless, the company stands firm in its commitment to explore growth opportunities without dilution of equity.
Also, there is a pink sheet filing with a board resolution stating the same thing. There will be no dilution. The TA is not gagged, O/S is unchanged. Life as usual on the pink sheets. We should be praising God that our CEO "gets" it and wants to get the heck out of this seedy place. I have faith "we'll be movin' on up to the east side, to a deluxe apartment in the sky" soon enough.
Welcome to the board. Fair topic to discuss, just inartfully worded. Racing Dreams "was" not a disaster as it's in its early stages and is slated to be distributed widely to the nation's largest market soon enough. Sales have been low, but what do you expect with such a selective roll out. For your statement to hold true, we'd have to have seen the wider distribution fail in the large markets. Hasn't happened so not really an arguable point.
As far as profits, there are profits being made. This is already a profitable company. None of their "money making" films have hit yet. So to compare RD's very limited, selective roll out to the likes of Twelve and HTYMP's massive roll outs is an apples to oranges comparison. But I suspect you know that. If you want to have a meaningful dialogue here and not get flamed for your thoughts, take a second to think them out and post them in an artful and fact-based fashion. Everything is up for discussion here if worded properly. Thanks for stopping by!
As I said yesterday, they are going to push this down as low as it can possibly go attempting to shake out shares. Someone here posted earlier that PRs like we just saw attract shorts because these kinds of PRs in other junk pink sheet stocks are always a scam. The difference here is the big PR will drop soon enough, and these people shorting it, if they are, will be caught. I actually don't care whether people are shorting it or not, I have bought even more down here in the mid .03s, and if they take it down below .03, well, I'll just keep buying more. Eric is not screwing us here as he would be screwing himself. I'm betting he's a smarter man than that.
Again, another good day to set some buys at lower points and walk away. I hate seeing this nonsense, but I fully expected it. I hate to sound negative, but I think we'll drift lower until the dust settles and we see what Eric has in store for us. I hope not, but sometimes you can't fight your feelings. But the good news is, I just saved a ton of money by switching over to Geico...
Rodney King said it best:
Can't we all just get along?
Whoops, guess it closed higher. Oh well...
Now VNDM is on the bid. Covering or buying?
Good observation. But that is flawed logic on a lot of penny stocks. Those doing that here may be reading a PR any second now that changes everything. Charts have their place, but news always trumps.
No worries. Hold those shares tight. They look like they're trying to grab what they can from anyone and everyone. Good time to shut off the computer for the day. Your buys today will be just fine in due time.
Just about to find your post and ask if it was you. Now I know. Good luck getting it filled. My guess is if you leave it AON, they'll pass you by. If you remove the AON, my bet is you'll get it as they seem intent on pushing the price down.
It's as the old saying goes, it's always darkest before the dawn. Remember, you don't lose anything if you don't sell. I think they will run this even lower to shake people out sitting on the fence of really believing this is going to happen. Who knows, maybe someone is shorting it now believing this is some elaborate scheme that will come crashing down on them. It's amazing how many dark pool hedge funds play games here on the pink sheets. They *think* they've seen this story a million times before. The only problem for them is this story has a surprise ending from what they're used to :)
I've tried to stay away from going down that thought process, but after today, one really is starting to wonder. Whatever it is, it is irrational AND ONLY TEMPORARY...
And we know they are not diluting. These shananigans will continue until we spin off or move off the pinks with the pending info out there. The volatility will just increase is my bet.
I think you know who I'm talking about by your later posts. Too funny...