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Yeah... Luckily got from here to the side bet which has done well. Not great lately... but hopefully eventually will be enough to wash out this so I can net 0 overall.
Really a shame.
Anyone want to do some new WAGs now?
I've been using Hydrolyte as a mouthwash for 3 months now. Went to the dentist today and he said my teeth look great, which aligns with some of the studies I've seen. Any, this is not a recommendation, other than to talk to your doctor or dentist or whatever, but it's working for me :)
That's about how many I have.. purchased in April 2019. Sure would have been nice to know everything that was going on at that time...
Things have changed a bit. I don't think most had the time, inclination, or reason to do so then... whereas now it seems to be an imperative.
There could be a few key posts... about gofund me, attorneys, whatever, and then people can comment below it. Much easier to follow with everything going on.
Plus, it ensures that everyone is in contact and can easily be reached for a class action or whatever comes next.
we really need to start a facebook group or something.. Hard to keep track of everything going on here. It's time to get organized especially since it looks like we'll need legal help.
Thank you Tony, I appreciate that! Hopefully by the time I file taxes it will be pretty clear one way or the other.
Looks like I need to unblock some folks on this board. They were the ones who were right all along. :)
Does anyone know how to record a tax loss this year on shares I am not able to sell? If they've already been revoked, not sure what more can be done.
Yes there is a lot to read through.. Funny thing is, I haven't read 'everything' yet, but I can tell what is going on from what I have read.
The why now- Based on Deidra's filing.. things changed and shareholders were not informed. Statute of limitations means it's good to act sooner rather than later. 'Now' because we just found out. Until a couple of days ago, people were very excited around here about a settlement within weeks.
I was thinking the same thing... I've seen more cases lost because time to file has passed.
If there is one person collecting names/phone/email please let me know and I'll send all that. My knowledge of the law is very limited, but it seems we'll want to file and get an injunction before any money goes out. Once the money is gone and everyone (else) is happy.... longer uphill climb.
Don't.... go..... chasin….. Waterfalls.. :)
So.. I guess we know that no one here who says they were talking to Billy was telling the truth?
Glad Goodbuddy didn't have to see all this.
So...… Do we all need to sign a letter or something?
Rich is a nice guy but to this point, I don't disagree. I asked a couple of questions a few weeks back and he said he'd check into it and get back to me.. He did not. I don't envy his spot and it's nothing against him personally... nice guy.. I just think it's not where we need to be putting resources right now.
That said.. If we uplist and all that... probably looks good to have someone doing what he does
good points all around. My "I want this to be it" theory is that it's to get sympathy from a jury for us. Maybe it would increase the award.
There are some shareholders here who have close to Diedra's level of shares. They should have a seat at the table in these discussions.
Where are all the people who had him on speed dial and could get a response every now and then? It's time to speak up.
If this stock had been trading on the open market we would have probably seen a 75% drop within the past few days. If I'm in his position, I put out a generic statement at least.
I still don't get why there is a provision in there for 6% yearly interest. The contract anticipated this issue and seemed to pre-resolve it.... and yet it's still an issue.
Silver lining of 2020 is that things are all in perspective and this isn't really the worst thing going on. Two relatives with COVID, and one likely won't make it. Not happy about losing here, but life goes on.
Anyone want to change their WAG to $0.00??? I'm not doing so just yet.
Doesn't someone have a way to contact the inventors? Don't they read this board? Someone has to know something.
It would be very easy for Billy to make a statement to shareholders. I've been here a year and a half and hear nothing since I've been around.
Now seems to be a reasonable time to make a short clarifying statement, especially since this could go on for years. He could erase all uncertainty about where we stand without jeopardizing the case at all.
Enough little birds. Let's hear something official. Now is the time.
I was talking about the conversation! :)..
I'm good with the process and have the time. The only devolvement will be from defendants pocketbooks.... though I have used the block feature quite a bit so there may be more devolvement around here that I'm just not aware of! :)
this has devolved. We need a court date :)
2020 would be the year that animals start talking.
They could split 1,000,000:1 for all I care. A split isn't going to scare me into selling when we are about to open this thing. When this plant fires up, this stock is going up whether there's a prospect of a R/S or not.
You are getting into the weeds about different ways to slice a pay, while missing or ignoring the fact that however you slice it... it's still a whole pie.
I don't mind if people get a little scared because if I come into some extra funds I'll be happy to buy, but certainly doesn't worry me. At $0.004 maybe I'm worried, but all of the negative from the R/S seems to be have already been priced in.
Good luck all!
It's about time, right!
looks great sir!
I imagine we'll see some new investors from your grand opening.
You really went all-in on this thing. Look forward to seeing it pay off!
What are we waiting for? Let's fire this thing up! What else is needed for the bond money to come through? That's the big thing.
R/S prospect will be a non-issue when it gets fired up... at least not at these prices. I'd certainly be adding if that was imminent and I had the cash flow.
Good point. We know there was at least one negotiated down in early Q3... that was on subsequent events in the last call. I'd like to see one or two more added.
Problem is, with a price increase, warrant holders are going to want more shares.... so I actually don't mind the low share prices... and hopefully they'll just take cash.
Progress is being made.. just slower than most of us would like.
If and when this settles, we need to get a framed something for Billy with everyone signing and saying thanks. It would be a nice gesture from the board and I'm sure he'd appreciate it.
Not trying to get too far ahead of things, just something to consider down the road :)
SpecialNeeds… just out of curiousity… were you one of the voices saying go to trial instead of settle? If so.. do you think the verdict was incorrect, or was there something that you missed?
Just trying to compare it to this situation.. I just don't see where anyone on the other side can think they're 'in the right' on this...so would like to know how the two compare.
it ran up before the CC on high expectations, and then it dropped back to where it was when the call didn't meet those. Look at the bigger picture. We're probably about where we would have been had there never been a call.
I know you're right.. I dont' actually care about the reverse. Do 1,000,000:1 for all I care. It's the same thing. What I care about is the next thing after the reverse... because my guess is, they'd be reversing to issue a ton of new shares to some new entity, and dilute our % pretty big.
I'm hoping it's not needed. Wouldn't it be cool if they commence operations and rescind the R/S thing at the same time?
One can dream!
Thank you!
Thank you! :)
I don't have twitter access. can you copy/paste?
Good morning Jk! Anything you know about the recent post that RI Court Dismissed the motion from the other town?
I listened to a replay of the CC last night. Pretty good, but the drop is no surprise considering that the debt has not been handled.I know they are working on it, but there was some level of expectation built in, and really nothing was said.
The dilution part I didn't like. We are not children.. I totally get that dilution to pay off bad debt is fine, and I'd rather there be 600m OS at 4 cents a share than 500m at $0.005 a share. Problem is, the way Gary kept saying that, it seemed like he underestimates investors. I don't know who he's trying to convince or educate... but it comes across that he thinks that's the reason for the languishing price... When really, it's that this is a huge albatross around our neck and until it gets resolved, it will be. I appreciate the steps they're taking and hope they take more soon, but that shouldn't negate or minimize shareholder's concerns around the topic.
I also think that the vision needs a slight modification.. They're looking for angel investors for huge expansion. That's great, but there really need to be two tiers. We probably need $1-2 million cash to resolve this debt completely. That should be step 1. Get rid of the toxic debt, and then focus on these big expansion dreams. If someone is calling them today with $500k, a million, whatever.. they should take that and do so until they can pay off the defaulted loans completely.
Once that is done, then worry about all the larger aspirations.
All in all, I thought it was a fine call. Drop was no surprise, but long-term I feel the same or better than I did before, and I'm glad they made the effort to do something. For the record, people hating on Gary or saying he's old or whatever... That's not fair. Nothing he could have said would have made this go up, because there was an expectation that we'd get news about the debt, and we didn't. Tony Robbins couldn't have made the price go up.
The issue is not so much in what he says or how he says it, but the expectations that are created, specifically around debt this time. Those expectations are not met on the calls, price goes down. Doesn't necessarily make it a bad call.
"As usual" is not so bad considering.. I guess you're all healed up from COVID? Glad you got through it.
Those of us left really need to make it through... I need to live to prove to my family and friends that I got to invest that it isn't crazy!
Blessings all!
why didn't we see shares jump today, then? That seems like it would be worth at least .0004-.0005 worth of a gain.
Who would be selling?
Do you have a link to their decision? I went to the site and could not find it
Does this mean we're good to go? link please.
I don't buy it. Until ink is on paper and money is in hand, then there's no settlement and I wouldn't give the other side credit for anything except trying to delay.
Are other trials being scheduled out there, or are we all waiting at this point?
I'd be very surprised if ours was an outlier ( except that I know criminal cases have priority and may be in process).
why can't he? It's after market close... They could do a release right before it starts, or even after. Nothing he says can be traded on til the next day.
not a chance. I'm not selling either way because of tax reasons. I bought 1m shares in December and keeping them at least a year from buy date.. Hopefully longer, but I've got tons of credit cards to pay off at some point!
I agree that the last one was not as expected. Gary knows that. They're not going to make the same mistake again... Shareholders were adamant about that. The fact that they're even having a CC indicates that positive things are going on, because people were clear that they didn't want one without news and data. I'm not 100% on that, but that's what it seems like.
Even if this doesn't meet the expectations of some, it's going to be a pretty good CC for a $0.04 stock in my estimation.I have no plans to trade around this CC one way or the other, so whatever positives we learn is icing on the cake for me.
Noted and saved! :)
You had me at 'portends'. Any post with that in there is legit!
I hope you're right and it makes sense, but I'm not going to believe it til' I see it. Wouldn't matter since I don't have the funds to add even if I wanted.
That said...if one knew this to be true, buying at anything under $0.05 is a steal and we should easily eclipse that on Wednesday.
This is the key item I will be listening for. Surprised it's #3.