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This is why USPR sold off yesterday.
The stock price says otherwise. .205 x .21. Investors have lost their patience and tired of being told numerous times over a year and a half that a deal is imminent.
So, the visit to the site won't happen until mid march now? LOL, that is too funny! Another month delay and then another and another and another. I would say the chances of a visit happening are less than 5%.
I sold all but 5000 shares. Even if USPR goes to zero, I will still walk away with a decent profit.
Bidding .225 now. I told you today's pr was worthless.
Then why is the stock now negative if the jv is 100% guaranteed? Iceman was probably dumping more after his e-mail pump this morning.
The jv deal must have fallen apart. The stock is in free fall. I bet that iceman is the one bailing today before the bad news comes out. I knew this stock was a fairy tail.
So, the IB people haven't visited the site yet. That's a major red flag. If they haven't visited by now, they are never going to visit. I am not surprised this iceman penny stock turned out to be another pump and dump. Hopefully, I can sell my shares above .10 tomorrow. If not, I'll take what I can get.
Did the supposed deal fall apart? It's starting to look like it.
I didn't mention it because this is the PROT board and he also bought something else besides USPR. By the way, I still own USPR. Have fun losing more money in PROT today!
So far, the answer to both question is no. I have no worries about getting the european PROT shares.
The iceman dumped the last of his PROT today according to the e-mail he sent out tonight. He really likes the european PROT though.
When PROT drop below .40
The Minnow will be lost.
The shorts have been the ones covering in the .40's and are probably almost done. Once they are finished, which could be today, there will be no buying to support the stock and it will tank.
Don't believe there will be a big spike on any news. The iceman was only expecting a .05 to .10 mini pop on any news, which might be many months away. PROT is junk!
It's going lower too.
I can't understand why some people won't sell this turd when there is absolutely NO reason to hold it. It's stupid as the stock will continually drift down. If the company issues a pr that everyone that held through 1/18 will get the european shares, PROT will crash hard as the longs that are left will sell at any price to get out. Hopefully it will be a learning experience for those that didn't sell on monday.
By the time the last longs decide to sell, PROT might be at .10 or lower. Some people have to learn the hard way.
Why are you ignoring the 272k shares that traded yesterday? I would think some former PROT longs sold out last thursday and friday too as they didn't want to hold shares listed on a foreign exchange that they might not be able to trade for a couple of months.
Mo Jo, PROT just hit .47 and might close today in the mid .30's or lower. I think the vast majority of PROT longs realize they are getting their BVI shares and are getting out of dodge. You and ipwg are going to be the only two bagholders left in this dog.
Celtics, I still have around 2/3's of my shares. Did not buy back any this morning and won't buy any more in the future. I'm just letting the rest ride and see what happens. A deal better be done by the end of the first week of february though or one won't happen, imo.
Alex, good info! I'm glad I sold all my PROT yesterday. I don't want anything to do with it when it becomes Stromacel. BVI is the only one worth holding. It's like your local candy store and has all the goodies. Stromacel is like your local landfill and stinks to high heaven. That's the reason they spun it off as a separate entity. They don't want that junk to be like an anchor around BVI's neck.
I knew something stunk here. The iceman is no longer answering questions about USPR by e-mail. Below is his answer to a question about USPR. I replaced his phone number with x's.
call no email pl today xxx xxx xxxx only if u have a question
Well the iceman said he sold PROT today and he would only do that if he knew with 100% certainty that he was getting the BVI shares. Below is straight from the horses mouth.
prot--today did what i expected. maybe 5 to 10 cents lower--would not be surprised to see some good news in 10 days or so--might be a sale on that lift for short term--long term over a year i do like very much--this part will be for the heart, although i do like the foreign co much much more which i do believe will open near 7.00 and i would not sell. I do believe it is likely to go on the aim near april and trade up, since it will be marginable to hopefully 15 by end of june. i did sell some prot today.
How can anyone be confident when the stock closed at .17?
I think PROT holders that are also long USPR, sold USPR after they saw the destruction in PROT today. Either that or the iceman was dumping hand over fist and will sent out an e-mail tonight stating that USPR is now a 2 on a scale of 1 to 10.
If PROT doesn't abide by what they stated in last week's pr, they will be destroyed by class action lawsuits. So, you are better off selling PROT and not holding worthless paper.
Exactly!
More selling as today's session comes to an end. Not good at all. I think we find out this week whether there is a deal or not. If the stock tanks again tomorrow, I would guess not.
We have the BVI shares.
There will be no diabetes cure.
Don't come crying to me when Stromacell is trading around .05 a year from now.
The PROT shares that will become the Stromacell shares are junk and the smart money has been dumping their PROT shares today. The BVI shares we will get are the shares that will be worth something. The Stromacell shares will be going nowhere and might eventually be worthless, so sell them now and get some free cash. Your BVI shares might open for trading in the 3 to 4 buck range and are the ones with the big potential. Goodbye PROT and Stromacell and hello BVI! Who is going to start a BVI board?
Let's be honest here. If a 100 million investment was imminent, USPR wouldn't be trading at .19. It should be trading over .50. If USPR goes into february without a jv announcement, you can kiss your money goodbye!
100k block dumped at .20. Could be the iceman bailing before the no jv deal pr is released.
I thought PROT was supposed to be trading under a different symbol today?
If one sells PROT today, do they still get the BVI shares?
Most won't be able to trade their shares when BVI trades on the GXG. What a freaking mess the incompetent mgt. of PROT has created. Just another land mine in one of the iceman's penny pump stocks.
Fake move up this morning. The seller is back now.
I haven't sold any PROT yet, but will let you know when I do.
By the way, what happened to the monster short squeeze in PROT? LOL!
I have no inside knowledge, but my intuition is telling me both new symbols will be trading for around .15 to .20 each. I just have a feeling that BVI won't be priced anywhere near 4 bucks when it opens for trading and everyone on this board will be extremely disappointed, when it doesn't happen.
After I sell completely out of PROT and USPR, I will never touch an iceman pumped stock again. I might as well just flush my money down the toilet, if I did.
Dumped a few shares today. I'm not going to take a 99% loss if this stock hits a land mine, like most of the iceman stocks do. PROT is acting like crap today too.
That was a hell of a short squeeze! The shorts really had their balls squeezed this week.
1/25 is the new make or break date. Place your bets.
The paper certificates have either been deposited or the warrant holder is shorting. It's obvious there's a 1 huge seller. Where else do you think the shares are coming from? No where else, imo.
I'm not sure what you are talking about. All I know is, the short in this stock is buying those warrant shares that are being sold today and closing his position. There will be no short squeeze as the short will be gone.