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HAON is not sending that message to me. With over 40 years in business, I know quite well that a CEO not being able to disclose material events before they are completed causes certain level investors to start making false "end of world" assumptions.
Why would any Investor hang out here daily when they feel the CEO is incompetent? Maybe they have alternative agendas?
"Not a good sign"... too early to say that.
SEC "material events" must be filed with 4 days following the event date.
"...can send this multi penny quickly."
Multi-penny might be difficult, but I do agree over $0.008 to $0.01 is possible in the next 2-3 weeks.
Good luck to you and everyone aboard! :)
Last letter was that Chapter 7 has been approved. C7 means they are now under protection from creditors. XCOM is now debt free and people/companies they owed money to are no longer allowed to harass/contact XCOM for money.
When that "Q" comes off the ticker, then it gets interesting.
Good luck.
"FFGO - The technically cannot remove those shares from a client's account without permission to do so."
Why would they want to, since they have already indirectly done that.
FFGO LEGALLY closed shop long ago. They exited and closed EVERYTHING. They don't owe anyone, anything.
They stole from all of us and are long gone.
Good luck waiting for your Unicorn.
AWESOME NEWS!!!! UP WE GO!!!!
OMG did you hear the FFGO NEWS!!!!
Welcome Chapter 7.
Agreed. :)
Said a while back my target was $0.008. Still believe we will reach that someday.
Good luck everyone. Crossing fingers we keep climbing. :)
Ghost town here. Where are all the yaysayers? LOL.
Hey New Leadership: ANY NEWS???
Hi Feller, very good to see you here again. Penny land would be awesome. :) Take care of yourself.
"Stick to reality instead of trying to deceive investors in an effort for you to take advantage of."
In all honesty, the same can be applied to you.
The stock is going up (that's reality), and then you show up to "deceive investors in an effort for you to take advantage of".
You can paint it like you're trying to save everyone. In reality, you're hurting everyone.
So how does that work?
They emerge from BK with new leadership. And 2-3 days later they're allowed to liquidate?
How does new leadership rebuild the business when everything Xtera is being liquidated?
Personally I don't care if it goes up or down. I hold shares at a loss already. It's money I can afford to lose. So it's a waiting game now and I have lots of time.
The new leadership change and out of BK is very good. So hopefully over time I get my money back and even better if there is some small gain.
What is concerning to me is how these last few years people have been shorting more and more, than buy long for the up curve like the old days. Typically shorts are inexperienced greedy college kids. I get it though, making money on the way down was much easier than making money on the way up. It's easy to scare Investors into selling. However that is changing...
What's interesting is with this new President I have been reading on how shorting trend is becoming risky now as "making America great again" is the theme on everyone's mind. Stocks to be going up. Shorting these days is a huge risk.
Especially after a company COMES OUT OF BK WITH NEW LEADERSHIP looking to grow big time.
Something cooking? Wow.
02/17/2017 - Xtera emerges from bankruptcy with new ownership!
PR
http://www.lightwaveonline.com/articles/2017/02/xtera-emerges-from-bankruptcy-with-new-ownership.html
New leadership
http://www.xtera.com/team/
Holly sheet!! AWESOME!!!!!!!!! Thank you for posting that, didn't see it yet. Wow!!
We won. We were right. You lost.
We knew stock was a scam. We said it and no one believed us. The ones that lost have left.
Wish SEC would have charged these crooked CEOs.
CEO... yawn.
"Think she could hit 00.06 anytime soon?"
My days of guessing are over. At this point I'm crossing fingers that they come out of the BK and try to grow again. Or sell the company and we Investors actually make a small to decent profit.
Good luck to you with whatever decision you make. :)
Honestly I have no idea. Some guesses....
* Come out of BK debt free and rebuild the company.
* Come out of BK debt free, and sell the company
* Stay in BK and sell the company. Buyer assumes debt.
* Close company (doubt it, because then they wouldn't be seeking BK)
And who knows what else? This stuff is so complicated and so deep it's impossible to understand clearly.
I find it interesting that Foxconn (their biggest debt?) is not mentioned in any of the debt Dockets. Weird.
Info links on BK and sale.... next key date: Feb.21, 2017
http://dm.epiq11.com/#/case/xci/info
Thank you marknet. Crossing fingers. :)
It's not even entertaining anymore. LOL
I (unfortunately) took a "position" just before it shot down. Crossing my fingers this Owner/CEO is not lame, crooked and not out to cash out and run.
I'd love to see him do the right things (grow this business aggressively) for his family.
Stalking Horse Bidder - $10M??? $0.25 - 0.58/share?
Very true Puppy. Scumbag crooks.
Losing faith in CEO.
No news, no moving forward, no energy, no updates, etc.
Arg....
Out of BK? Sale of company? Coming soon IMO!
Good to hear Feller. Miss seeing you here. :)
So what happened Feller????
"FELLER removed HAON (11 days, 18 hours, 14 minutes ago)"
http://investorshub.advfn.com/boards/pitchesbyboardlog.aspx?board_id=12629
Anyone receive the DOC.140 BK paperwork? I did. Very interesting!
Still hold strong that these guys are clearing debt, and will come back out of BK.
Good luck to those holding!
"will exemplify soon enough!"
Really? As in 6+ years since the leadership ran for the hills as fast as Lumb's hairline receded.
It's been 6+ years since the crooks ran.
Soon enough you say?
Now that's cute.
Glad to hear Feller. :)
Sue the crooks that lied to you. FFGO leadership.
Very interesting!