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on the real estate side, they would make money like any other property owner. they need to obtain the right property and rental income has to exceed expenses. not a new idea. as a holding company, they need to have profitable companies under their umbrella. not to beat a dead horse, but income needs to exceed expenses. i'm not trying to be sarcastic, but you asked how they could make money...i don't know how else to respond.
seems to me that you are more concerned with policing folger than you are with what ACYD is trying to do as a business. i am aware that as of right now, they're not doing anything. just wondering if you have any interest in the company (take folger out of the equation) or if you're interest lies with folger specifically and making sure you point out any mistake he makes...regardless of the intent. in a court of law, intent is very important. do you think folger had criminal intent by telling a shareholder that he wants to have a conf call soon?
all retail on the L2 now, ripe for picking.
ron may know how to pump and you certainly know how to shake shares loose. i'm not giving you a hard time at all. somebody is picking up a pile of cheap shares, so good for them IF ACYD gets on track.
if somebody is buying all those homes with the intention of renting them, ACYD better get on the phone now and start discussing how ACYD can help them put tenants in those homes. if the homes were just sitting vacant, this could be an opportunity for ACYD to actually work with a group that has their act together.
solid support at .0018. somebody there has to see that the cost difference between bid sitting with everybody else and taking more immediate action to secure your position is nominal. set up pretty thin today, could go up just as easily as it goes down with no volume.
generally speaking, i agree with you. i've been frustrated in the past and missed out on some huge opportunities, so i'm trying to be patient here...for once.
I think John and the Board are doing exactly what the majority of us asked of them regarding PR's, which was basically "get to work and update us when you have something of substance". Many of us asked them to stop posting on this board and stop spending time getting mixed up with bashers, personal attacks, etc.
freeing up only that many shares shows that its a calculated move and not a dump and run. i don't see this as negative at all. if i see 100 mm shares dumped into the bid, i'll be concerned.
FYI - i don't have private message ability. my comment about john being busy was based on my conversation with him last week. i can tell you that ACYD is considering multiple deals but there is no way to know if any, all or somewhere in between actually close. each deal has different players involved and each deal has its own list of hoops, financing implications, etc to consider. from what i can gather, some deals are closer than others, but i think they are learning a lot along the way. they have pr'd that they have restructured both their mgmt team and portions of their business model, i suspect some of these changes are the result of working on deals that didn't get done.
pretty obvious somebody somebody was going to sell some shares into the bid today. etrade added a bunch at the ask and wasn't going to let the market close today without selling some. basically a no volume day. longs continue to show strength.
i did last week. i feel comfortable sharing that he is busy right now, but i don't want to say much more than that. i haven't sold a share...
a bit surprised we're not seeing more testing of the .0021's as thin as it appears today.
edit: now more added at .0021
good old fashion stand off. bid sitters will need to come up here. the price difference between sitting and raising is so insignificant. i'm not screaming "slap the ask", but with the bids loaded up where they are i believe our strong longs will start seeing people make a little more effort to get in at these levels. ACYD
could be a debt holder, but i think the chances are just as good that its just retail. anybody could have thrown $5K at ACYD and picked up 2.5mm shares at .002. now they want out to roll the dice somewhere else. when the pps got down to where it has been, the big block flipping game got too easy. even a debt holder would know their chances are better if they sell in smaller blocks, so the monster blocks look like amature hour to me.
we were well over a penny when ACYD truly had NOTHING in the works and were a bit of a mess from a management perspective. at least now they have restructured, ungagged, are current and are taking steps to implement their business model. looking back, ACYD was a really speculative play, which it still is, but i feel much better about it now. grassroots opportunity here IMO.
if people hold for news and profit take wisely in managable blocks, a run could be be big pps increase wise and sustained. longs have some real control over the bus here...just need to wait til she starts moving.
21 mm over 4 shareholders....see what i mean? good stuff here.
i agree on your "70 mm plus long" statement. i know where 15 mm are for sure and that's between only two shareholders. we may have more of the float locked up than we can gather from this board.
no. but i believe the longs have a pretty strong position here. i think there are people that jump in and out almost daily to make sure they have a position if news is released, but they're fine selling the same day or week even if its at a small loss if news doesn't arrive. i put almost no value in what happens daily if volume is less than about 20 million shares. there are plenty of longs that have hold 5 million shares plus, so one shareholder could easily control a few days here if they wanted to liquidate. i'm not going anywhere and hope stong hands have continued to accumulate.
no problem.
hope so. not like they are sitting on a pile of cash looking for ways to spend it, so i believe they are working on deals that may not be sexy enough for the tradional real estate investor but fit well into the ACYD model. i've been here over a year and don't share my DD much as it just gets over-hyped or slammed by others, but this info seemed straight forward enough for me to post.
i heard from a florida connection familiar with ACYD that they are in the financing stages of one property aquisition for certain right now. no reason for them to PR this until the deal is done, but i absolutely believe my source. i don't believe this is one of the huge deals that was mentioned previously, but at least its something and they are actually working on closing the deal. holding and adding here.
25 mins and nobody wants to sell into the .0019's, interesting. i like the strength of those willing to hold. ACYD moves too easily in either direction to jump ship on a down day unless you really want your money elsewhere in a hurry, IMO. agree with everybody's frustration, but i believe this will be a true test of patience and those that can live through this period will be rewarded. i am very happy that John made it clear in his email to Scooter that he is not in sole control of the ship and has to work with the Board. nothing personal against John, but i like knowing that the facts released in the last PR regarding restructuring are being adheared to and there is more than just one person trying to get ACYD on track. I'm a bit bias regarding how long it takes to get good news as much of my position turns a year old this month, so i'm fine with not paying short term gains tax should i decide to sell any shares...which i never have to date. good luck all.
edit: obviously a chunk of .0018's went while i was typing.
agree. it seems as though some don't remember or haven't been here long enough to know that ACYD is attempting to restructure. Not just the directors, but also much of the business model. This can only be looked at as a start up company. Maybe it won't succeed, maybe it will, maybe it will take days, maybe it will take years. I do not believe this is a scam, I believe it is ground floor speculation. good luck all. those that think they can demand information or the closing of a deal in X period of time....good luck with that.
looks like everybody is showing their cards this morning up to .005.
the supporting facts showing that the promo was not paid for was previously posted on this board. the promoters very likely took a position prior to the promotion, but it was not a paid promotion.
i'm still holding.
there are enough of us longs who hold positions large enough to have a say in how this pans out. somebody with no shares trying to rattle the cage at this point just looks like somebody upset they weren't invited to the party. i believe over half the float is locked up by longs that have the stones to drive this to multi pennies or silver. good luck all...we can run this.
i think we'll see .0046 tested soon. weak hands folded when they couldn't stand the noon slowdown. 500k at .004 is a nice buy and then its time to test HOD+ again.
just somebody looking for a few hundred bucks. non issue.
.0045 very soon, then its on again.
i suspect a big block is going to plow through .043. clearly an easy winner even if its just a quick flip.
UBSS seller just figured out they were giving it all away if they sat on the ask with over a million shares instead of walking it up. seems like people may be getting the hang of this.
back in the .004's shortly here. moves SO easy.
stronger hands and new ivestors accumulating here. moving nicely, one leg at a time.
yep. lots of etrade and ameritrade sellers
there is going to be some selling as people take profits. lets put those shares in stronger hands. longs already have a fair share of the float locked up, but more will make manipulation that much more difficult. please consider holding for .02 or better. everything will change here if we can push through a penny and sustain that level. good luck all.
fine by me :)
pretty sure roughly 168mm is the currently accepted float.