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Wow, I suppose if you do not have the ability to bring funds in by selling your product, or your product line has been a failure, you sell shares until you are shut down.
Not news but filings are to come out soon
Should be interesting, though I don't expect much until Q1 late March. Then all bets are off and we'll see the true direction.
I'm very optimistic about $BTZO
The more I read and understand the better it appears.
More digging to do though for me.
Lets put it this way, we shall see, what SoOum comes to be.
Fact are fact and we have no facts, which makes it all so perfect.
Granted, it is rather foggy down here in the ditches of the financial world.
Never the less, it takes a spectrum to make a rainbow, where perspective has more to do with the view, and much less the realities in which the path to the pot of gold resides.
At the moment SWRF isn't even sounding the fog horn, the lighthouse keeper is drunk with anticipation while the deck hands are chewing scraps.
Lots more to come from this group, undervalued simply due to one poor trial result.
More coming, banking on it.
When it's said "he still"
... I can't be sure of this. Considering the company is been respectfully silent on internal patterns such as well, everything.
Maybe 'he' does have a pile of convertibles, then again, maybe we've seen a few hundred million dispersed over the last month plus in the open market.
Depending on the discussions between 'him' and the new company directors, almost anything is a possibility. Outside of course, from 'him' having a seat.
I would dare bet he has a strict gag order as to the details, with repercussions. One does not take over a heavily indebted corporation and overlook the details that could rain down legal and financial hell in the future. Hence why I believe it can only be said, it's been worked out.
Reality on these people is the following;
They have been around long enough to have this thing figured out.
What I mean to say is being in the business and having others not only in the spectrum that is required to facilitate different aspects that are required, as long as the mindset follows the business plan, everything should work out just fine.
As mindset is in fact the direction, as well as the destination, or checkpoints within the path to the mindset.
Lets see, stack a pile of refrigerator boxes up on crates, get skins made, smooth out Zazzz wrappers on cardboard so no crinkles, place on crates in some distant abandoned warehouse, (it's actually where they were to grow weed- but that's a farce tooo) lets not forget go buy 50" screens 18 or so, (they can take them home after the photo shoot see) - wait, lets not forget we'll need wooden supports to hold the screen, cardboard won't do it. Get Stephan's cuz to frame them up for a rip of some sooper clear shatter, ahh, we need to have the graphics guy come up with some killer looking on screen touchable s, set up the network so all machines show the same thing (heck we did this in the 80's at the dance clubs, shouldn't be an issue here.
(only problem, how to spend all the peoples $$$'s buying into the fakeness, hide from the SEC after share selling scams are completed, (better call that 800 # for Belize properties to hide) heard they have some killer hash just south of Chetumal so lets buy there)
Duh-me?
I notice the PPS is starting to even out a bit. Interesting. I dare to bet most that were in are out, and some that took the opportunity to get in low, did so when others exited.
From what I understand, they have offered to lease them for a very reasonable margin.
With connections to product producers, as well as possible future plans to produce themselves, the machines should return value on every item sold.
Although i am sure there is more in the works concerning how to pull residual income out of these machines. ;)
Between the timing of the merger, the latest filing, the projection in SoOums plan, it wreaks of a forward split to high heaven.
R/S usually comes first to scramble the eggs, dumping lots of catsoup for that tangy flavor, then then forward split, so the majicka would look something like 10,000,000
Which would make this a .78 - 1.42 stock to start with from margin projections.
Here's that sting, at 2.9 bil OS the R/S is not bad at all.
Just speculating. It's all I have right ;)
I see 1's pop I'll take my lucky rabbits foot and clean house. Hard core.
geezus your killin me smalls LOL
Wow great answer thanks for making my point.
Interesting how we have no data, no volume, no fundamentals pretty much of any kind.
Yet I keep reading how SoOum is a scam. Hmph
I do wonder sometimes if anyone uses a chart or looks at SWRF data, seriously.
Come on 1's !
Due to the fact I believe this will bounce around in the 1-2 channel very soon.
I expected it a couple weeks ago. Called a some time ago. Got barked at lol
And if we'd get off the bid with the 2's they pop up real fast like
I'd help you out with almost as many as you wish, OTC doesn't allow it.
Guess we'll have to wait a few for that.
I'll grab 22 million 2's to the first one to offer them.
No worries at this rate the 1-2 channel is only a few sessions away.
Most likely between the 14th - 16th
Come on now, these preferred shares are for internal use, as 'bonds' or insurance.
Every company has preferred shares. Many of them will pay dividends, depending on the way individual contracts are written determines how and when they can or cannot be used.
It's not set up to blow the share structure up, it's insurance.
I urge any current or prospective stockholders to review the following documents.
http://www.secinfo.com/dR972.n4cr.htm#1stPage
Makes perfect sense what you say.
Though in all seriousness, who believes we might be putting a bit too much into this upcoming 8K.
I don't expect jack squat. How could I?
Forgetting about the unknowns completely, which surely leaves a huge gap.
SoOum is not a new company, that much we know, we also know William Westbrook is a well qualified and experienced by at the least 8-12+ years in international trade, politics, finances, and general business law.
All of which leads us to believe this will be presented in such a fashion which leaves more to the imagination than allows for factual concepts. By means of professionalism, and exactly what you just said, awareness.
I will bet said 'convertible preferred shares' may never be touched. Why? It's perfect. And completely follows the same line(s) in which we have witnesses thus far.
Which is truthfully and honestly flawless business. Textbook reality. If I were to read aloud my thoughts of a situation compilation to this point, it would certainly be precisely what SoOum has done publicly up to this exact point, nothing more , nothing less. no one can disprove this, it's irrevocable truth.
Fair enough. that's all I needed. Why I can't say. Oo
However, the idea that that many shares would be in the hand to simply bust out with a dollar tree is reminiscent of nothing less than pathological.
The point, if these numbers are correct and not skewed, I would tend to lean towards the legalities within debentures in future business issues. Protection from creditors. yes?
Say a major deal is borked by some turd not fulfilling their contract, and SoOum must cover, deal time, were good but underwater. And we'll make it back to the surface, not without scars but we will survive.
if this is the case, it's a respectful and honestly in my opinion experienced and preservative means to do business.
If the document is real, and if the numbers are correct, there will be no boom.
That ship has sailed, the only thing that could in that instance cause anyone to pay even one dollar for a total of 100 million shares are those that might have have any inclination as to if they are even alive or not.
Or the expected filing, even if not presented until beginning of Q2 shows hundreds of millions of revenue, and a good amount of margin.
No one has bothered to post a link to the document yet.
If they do even suggest converting supposed billions of shares, I'll sell my 1's and 2's that are now all freebee's as fast as I can for whatever I can get for them.
Though, I'm not going for it.
Can anyone provide a link to the document?
I trust no one.
So lets use common sense.
Before any preferred shares are converted, it must be filed, requested, and approved. Fair enough.
Who, if anyone in their right mind would doom their company by bloating out the SS to impossible values, and expect to ever have the ability to do any type of business with anyone? No one. it's just that simple.
BTW, the scan posted last week was crooked and barely legible, I hope that was not your $800 scanner.
None the less, the assumption that these people will convert to un sustainable levels is not a sane thought let alone idea. I think we all know that.
All I have seen is a poor scan of said amendment.
As well as read a few people claiming these preferred shared would or could be converted into 100 billion common stock.
Sure, there could be restructure, why not, however thus far it's no where to be seen. And one hundred billion shares of common stock would end anything with this company before it even started.
Who would buy one of those shares, no matter how they were presented, no one. What financier would take that job? If they would take the job, how would they expect to get paid? Up front? Then why would they need to convert? They would not. And the company would be toast from the get go.
None of it makes sense.
It was posted the other day.
Supposedly an amendment to the share structure, in which included 10 mill in preferred shares.
We had fuzzy math going on that those shares would be converted at a 10000x multiple. Not at all the way I read it.
The way I understood, they are no different than any ticker that has shares set aside for acquisitions ect.
Any truth on any of the material is yet to be discovered.
If said preferred shares of 10 million were noted held by company, they are not going to be, nor could they be converted into 100 Billion.
They are misinterpreting / misrepresenting basic share structure.
I remember reading they were also looking for brands that were out of country, small shops, jewelry ect. Yes?
Much of what this group is dealing with is in relatively high demand, and will more than likely continue the trend. It simply does not 'go away' , that people are more apt to make purchases in reasonably priced fashion.
Exporters love this type of business, margins might not always produce as high as so many other 'fashion commodities', however they by far make this up on volume alone. Yet some products do offer a very nice margin.
Time will tell of course, at the same token there is a lot to be said about tenacity.
Personally I got in at no bid November after reading what they have done, and what they moved into.
Considering the maturity date(s) within the notes, over the next few sessions one would assume heavier volume than average, as well as a PPS increase.
At the same time, there are two forces working against one another for the sake of averages. Though one does have the upper hand at the moment considering. I expected to see this happen yesterday. Today could be interesting.
If no pop today, 1's should fill Monday 13th, 16-25 million ct. raising the average slightly for sessions mid week of the 20th for additional 1's filling between 15-27 million ct.
If pop, all bets are off and good volume should push this past 5's easily over the next 12-16 sessions.
So you enjoy the psychological bring you in to the life thing?
It's a slap and hug in reverse. Plumb dumb yes. Has nothing to do with SWRF and needs removed.
You've got it down right straight!
And have been paying attention. SWRF appears to be solid startup with extreme experience.
That sticky was requested to be removed by the OP last week.
Sorry to ask, but did your platform explain a T or are you guessing?
The only people who won't like the numbers are those that should have already been out, and have no business trying to bank on numbers out of a fin from a brand new company cleaning up left over splooged on books from prior owners of the ticker.
Might be a wise decision to look a bit further into who Westbrook is, and find a few of his accomplishments.
When it's said 'trying for twelve years' , it could be said that this what we are seeing now, is the fruition of twelve years, no? lol
Look closer.