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Hey Pink.... maybe he will find someone to buy them out while he is there....
I suppose in this instance I should hope Penstock does well, lol...
Just curious: How do you go about selling a shell? Is there any one factor that says "I'm your shell, look at me"? Itokk has been at the bottom for a long while now, but how would that affect the subs? I still believe that Penstock is making sure that Itokk itself is dead while businesses under the umbrella are alive and well. IMHO of course. So would it really be cost effective for him to sell Itokk as a shell?
Perhaps persistence and patience will pay off... I would be happy for a rv and a a few pennies at this point.. but Im curious; what advantages does a company have in taking over a shell? I guess I need to research that; its a common action and I realize it, but never questioned why its desirable for another company.
I love it.... very happy that it worked out that way...some days it makes it worthwhile... maybe Itokk will do t he same!
geez... ive had on watch for a while now; just didn't get in.....
dang it I need one of those....been obsessed with a bio only I didn't sell when I should have....
Hulllooooo.... anybody out there/here? Where are ya Pink....
Hard to say unless it makes him look more legit.... maybe its some kind of tax write off....
Thats because he's in conference with his lawyers....lol And who knows, it may pave the way for changes to the good....Im practicing my power of positive thinking today...
Gotta wonder.... any motion detected on its subs? Would be nice to see some sort of life..
Lol, I think you may be the thorn in Penstocks side......
Now how does that work...or not?
I didn't think there was any volume...can a trade take place and not show volume? It would look kind of sad for a 500 share buy I guess....lol
Any ideas as to why that happens? It seems to occur more often than you think it would.
Well, I don't think its because of being busy, and maintenance is a broad description. Continuing saga...
If that means you are waving a magic wand to bring this thing up, Im all for it.
Okay, thanks.
Okay, I understand. So it really benefits them to keep things as they are.....? Would there be any drawbacks to leaving Itokk as a shell and working the subs under in name only? I mean other than the shareholders losing out and obviously that has not been a problem in the past.
Or just a merger with Ringtokk, reverse or otherwise....
Any thots on a possible reverse merger and if so, what would that mean for shareholders?
Still down...
Lol....absolutely correct.
I believe there was a prior post where he wished good luck to everyone involved, which I took to mean Ibokk. I guess this is the greek answer to facebook? Another venture which Itokk has spun off, am I correct or not? Itokk has served them well....
We are just the monkey wrench in Penstocks lifestyle....
AS I was saying....
Because I think you touched a nerve...Itokk may be dead, but Packetera and or other subs are making money. Why worry about a company that has billions of shares when the private companies are making a living (probably through licensing technology)? But doesn't that present a dilemma since Itokk is the parent company? Personally, I think he begrudges the fact Itokk is responsible to the shareholders. It was fine while Itokk was in its infancy and the only game in town, but now....
Its hard to take anything he says seriously at this point.
So, if he has actually submitted documents to start revocation, they would be on SEDAR?
Pink...can you paste that? Or tell me how you got there? Thanks!
So, I guess they would tell you if there was NO revocation in progress?
Pink....did not Penstock say not so very long ago that he had started the revocation order and that there was some sort of glitch in paperwork re the holdup of completion? How hard would it be to find out if the revocation has ever been put on the table?
Hope so.
Why, whats going to happen in a couple of weeks?
???
If you go to XTen Media website, hit the about us button...lol, barbie dolls? I knew this was all a little strange....but....
Would like to see him step up to the plate, even if the plate is in court. I agree that Penstock has been careless; whether overconfident in his abilities or just doesn't give a rats patootie, hard to say. Either way, no doubt a significant trail exists.
Most likely. I still think the whole issue is that Penstock diluted this stock to a point that is no longer profitable for him to continue Itokk as a company. Let it ride, because its subs and technology are pulling in whatever revenue supporting whatever ventures he may have. Unless they are audited, which will never happen unless forced too, we will never know how much money is involved. I think he knows that legally he is walking a tightrope and the only reason he has kept contact AT ALL ibecause you have forced the issue. All IMHO of course.
Thanks!
Very interesting. Thanks for the info. Just out of curiosity, is it known whether other brokerages are linked to market makers, or is this an isolated incident?