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Ouch! Time to turn off my etrade account for the day. LOL.
Are you having fun Gerry?
I still believe we won't be seeing any news until this round of dilution is finished. I looked at the SEC sight and we haven't had any new REGDEX shares filed since Sept. 24th, so I would still think that dilution is close to completion.
I'm starting to think the dumping is back today. Man this is frustrating.
Well that was interesting. At about 9:25 we changed from having .017/.018 to .02/.025. I think we should see an upward move soon. I think mwright may be right on the fact that dilution is over. Looks like we just have MM manipulation now.
Shouldn't we be expecting some news by the end of the week? From STOCKCHARTER's email on 10/11, he stated:
"HOWEVER I AM TELLING YOU THE WORLD AS YOU KNOW IT WITH IDCN IS GOING TO CHANGE FOR THE BETTER IN THE NEXT 2 WEEKS."
Yeah, my guess is that Xuan and Littlebride are not coming around now because they were lied to during Dror's last conference call. They are probably just as pissed as we are about no news and more dilution.
Everything appeared to be going at the ask today, but now we are down to .017/.02. Still waiting for the "if you only knew" news that Xuan has spoke of. Littlebride or Xuan, any news in the forecast?
This stock is baffling to me...We are up 40% on 30,000 shares. Hope it floats on air for a couple of weeks now.
Nice action today. Hopefully we'll see some news next week.
LOL. You may be right. We'll see.
Why would they need to give out 30 million shares to advertise? That makes no sense to me. And what have they actually advertised over the past month...Nada. If they have as much gold as rumored, then they don't need to give out shares to advertise.
Well, if dilution is coming to an end, they certainly are having one hell of day today.
This is unreal...Never thought it would go below .01, but it may just happen with a couple more days of dumping. And littlebride said it was ridiculous to think that the company was diluting. Where is littlebride now to defend the company?
Just got an email back from that ex-employee, and I'd thought I'd share it with everyone. Here it is:
"I am a former employee of Gerald Sklar. I still don't know where he
writes his checks from. My guess is that he has money overseas and
whenever he needs it, he transfers it to Canada. My bank will not release
any information to me about the account Gerald pays me from. Right now
I have government officials trying to extract that information for me
so me and some other ex-employees can get the money that Gerald owes us.
Right now I don't have a lawsuit against Gerald. I can take him to
small claims court and win. But, again I will not be able to see the
money because I can't prove how he pays us. Your best bet to get your
money back is to contact Revenue Canada 1 403 691 8686. I have already made
a claim to them about Gerald's shady business practices. I believe
the more people who contact Revenue Canada and tell their side of the
story, it will pressure Revenue Canada to act swiftly against Gerald.
Gerald can run, hide behind the laws and protect his money from us, but
not from Revenue Canada."
crazy, I just sent off an email to that ex-employee. I asked him if he was proceeding with a law suit against Gerry, and where the Winmax checks were coming from. I'll let you know if I hear anything on it. Meanwhile, we hear nothing from littlebride and Xuan.
I believe the company won't be releasing any news until they finish this round of dilution. The company was silent the last time they diluted the market, and then they released PR's.
littlebride, When will dilution end?
crazy, I am inclined to think that we are up to about 20 million shares in the float now, also. Hopefully they are using these new shares to invest into their business, and not their pockets. I wouldn't think we would see news until they are done with this round. My thinking is the last PR on Oct. 3rd was put out like the May 22nd PR to keep us interested. The pattern is too similar.
Just let me know when I'm going to get rich. Next week? A month? Never? LOL.
I just wish they could have let us know when the dilution would have happened, so I could have waited a bit to buy. I bought in the .05-.07 range awhile ago thinking it was the bottom. Gerry (I mean Littlebride), let us know the next time. LOL.
Littlebride, I love how you never really answer the questions, but we all know you have the answers. Tell Gerry we said hello.
Who are you, littlebride? Are you DROR? Are you GERRY?
All I know is the action over the last month is so similar to June and July when shares were dumped into the market, and then they did a 200:1 reverse split. Are you trying to tell me the company wouldn't do that kind of crap to their investors? I am holding my 300,000 shares, and hope for them to succeed, but this crap they are pulling really sucks.
littlebride,
We have had an average volume of 760,000 shares for the last 10 days. So you are telling me the float is still 5.6 million. How many longs do you think have sold in those 10 days when the price is at its lowest over the last 40 days?
Please stop what?
This is DROR and GERRY printing shares. No one would be shorting at .02.
I'm sure there will be plenty of shares to buy!
Strong bid support at .02 now. Probably the bottom, but when do we go up?
littlebride, Is there anyway for you to get the new float information from Prom? I would like to know how much we have increased since the 5.6 million back in August.
If MM's know that dilution is about to happen, wouldn't it be fairly easy to short that stock, and cover with the diluted stock?
STOCKCHARTER, You state the following:
"secondly you will look like a total moron in the next few weeks that is a stockcharter promise. i do not talk about price only strategies and mine is working very well."
What do you mean when you say "i do not talk about price"? Are you saying that your strategy does not include price increase?
I've got 300,000 shares at a higher average price than we are now, so believe me, I'm trying to be positive. But it certainly is hard to see this dilution again. I thought it would be over for a bit, after the fiasco in June and July.
Go to the SEC site and you can see they have REGDEX/A shares registered on Sept. 5th and the 24th. Face the facts guys, we are being diluted again. Just like what happened before we had the 200:1 reverse split.
There is no confirmation on a company buyback. I can see the scenario. Dror, in his conference call, mentions maybe a stock buyback plan, talks about how he's going to put out a KABOOM PR, but forgets to mention that he's going to dump more shares into the market. I'm not saying that we won't go up in the future, but they are definitely increasing the float.
I love how we have about 38,000 shares traded yesterday, and we are at 722,000 today. I guess the printing presses were down yesterday. I'm hoping we can get one more pump and dump to get out of this POS.
This is exactly how the stock behaved when the last dilution happened back in July. Hey Daviboy, how's that lawsuit coming?
Did anyone actually see a copy of the promotion they ran in the papers back in August? I tried to google it, but never was able to find it. Did they actually state they had 35 million dollars worth of gold?
I emailed their info@promresources address, and got no response also. They are too busy right now with the printing presses.
Littlebride, Why do they need to pay for any type of promotion anyway if they have all the gold? I mean, isn't it promotion enough, to just release a PR stating what they've sold and estimates for what they will be selling in the future.
Littlebride, The volume we've seen over the past month indicates to me that it is more than just promotional shares. I mean how many shares would Prom have possibly given out for promotion?
I agree that the company is still dumping shares. We are down to .03/.035 this morning. I would think we'll be hitting .02 again.
1.3 million volume today...Wonder how many shares Gerry and Dror dumped into the market today?