"Before you embark on a journey of revenge, dig two graves" -
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$NHYF - maybe take a look at this from a different angle. Assume you are the one who has the most to gain from a higher price. Meaning, think in terms of what you would do if you had over 100 mil shares.
The challenge for those of us in retail, is we tend to view a stock performance in a way that will result in the best gain for us. We need to think of what will work for those in control. Then we might get a better picture as to where this is headed.
So, they sit on the ask showing 10k blocks, when you do that, ask yourself if that is a sign to drive this lower or a sign to drive sellers out? If you want to move this to much higher ground then you want sellers out. The least expensive way to get them out is showing 10k blocks. Why would you want them to make money on the way up? You've done all the work, get them out down here.
This IS December, it's a great time to let sellers exit, I can't tell you how many times, I had someone say, this POS is going nowhere and besides that, I could use the money for the Holidays.
As far as timing goes, if they need money, we'll get news before January. If they don't then we won't. I don't think we're on a journey with people playing the short term nor who need money this month. Again, just an opinion.
sorry, didn't see this...I agree.
I don't think "whacking" is what is happening. CSTI and GTSM consistently join the "ASK" when someone wants to sell and they move to the LOW - ASK position.
I've called my broker since he has 'book view" (a Bloomberg product) which shows all the orders, and I asked this. XXXX MM hit the ask as $0.00XX and then they were joined by CSTI and GTSM. My question was, what is the order in who gets hit first for a buyer who tries to slap the ASK.
Guess what, the original order to sell is now sitting in the 3rd spot to be filled. So they want to push the seller to a lower price. Frustrated the seller moves lower and when CSTI/GTSM can't, or are unwilling to push the seller lower they take the seller out and immediately move higher.
That makes me think that this isn't "whacking" - it's accumulating shares. Led by whoever is trading via CSTI or GTSM.
AGAIN, just an opinion. Hope everyone has a Safe and Happy Holiday ahead.
Damn, I was going for Pebbles from the Flintstones
GREENWICH, Conn., Dec. 07, 2023 (GLOBE NEWSWIRE) -- American Battery Materials, Inc. (OTC: BLTH) (“ABM”, the “Company”), a U.S. based critical minerals extraction company deploying environmentally responsible methods to protect and promote our nation’s security as we transition to a clean energy future, today announced the completion of a 1-for-300 reverse stock split of its issued and outstanding common stock, effective immediately. ABM expects its common stock to begin trading on a split-adjusted basis as of the commencement of trading on December 8, 2023.
$NHYF - from iHub: Buy volume is 1,206,694, sell volume is 152,100 - trades between the bid/ask 10,000 - must be feeding time, lol
https://ih.advfn.com/stock-market/USOTC/natural-harmony-foods-pk-NHYF/trades
I'm pretty sure everyone knows this, the first thing a lot of investors do, after Thanksgiving is to ask their brokers where they stand on Capital Gains. Then they lay out a plan for how they deal with that, i.e. sell losers to offset gains, etc. Then after 30 days you get to keep the tax loss and can buy back in.
The second thing that traders with deep pockets do (assuming they have a family) is to focus on the Holidays. I doubt that the people working on this are focused on this in December. I could be wrong, but in 30+ years, I've had very few "run" in December.
So set some alerts on your accounts so you'll know if volumes pick up and enjoy the company of friends and family. Your phone will let you know if something is happening. And don't expect it in the week after New Year either. But January can be the time of year when traders, who have been out of the stock for 30 days, can buy back in while still keeping their losses. Couple that with news and it's going past a couple of pennies, imo.
GL and Happy Holidays to All!
$NHYF - I had someone ask me my thoughts on the timing... Next week is the Turkey event, no one is paying attention.
The week after (Thanksgiving), for those with shekels is seeing the fam off at the airport and settling back into a routine for a couple of days (You can do that when you have millions)
The following week, you sit down with your accountant (CPA) and your broker/investment group and you try to see if there are moves you should make to reduce your Capital Gains (taxes). You have until Dec 31st to make those moves. (transaction needs to close). You need to have your agents working on this through the week before Christmas and up until New Year)
The next week (one before Christmas) can be more of the same and then you get ready for the family event (Christmas). And when that and New Year's is over they slowly re-enter the markets, 2nd half of January to early February. If you had tens of millions, you would do the same.
January sounds about right...probably the 2nd half or early February, imo
I got a few on the bid today but was out running errands so I missed some opportunities. But there is probably some time between now and January to buy some more. GL2U and Wish everyone a Happy Holiday!
There are 2 shares of the Series B stock, each share entitles the owner to 4.99% of the O/S - Berry owns one and Solitario owns one. Berry's is listed as an exchange for his services as a Director, and Solitario is listing his as "Voting Control".
Then there is a 200-share block that is owned by Solitario and they provide the owner a guaranteed 60% of the vote on any issue. That's your poison pill.
This information can be found on Page 4 of the following document (11/15 10-Q) https://www.otcmarkets.com/otcapi/company/financial-report/386610/content
I do think that Berry isn't in this to dump his shares at these levels, remember this is what his firm does. They find distressed companies, turn them around, and make them whole. Then they profit from a much improved share price. We shall see as it moves forward.
$NHYF - This is what Berry is entitled to. 2 shares of the 2023 Series B shares were issued, one to Berry and one to Solitario. This is what they convert to:
Preferred B: 1 Preferred converts to 4.99% of the outstanding common shares at the time of conversion.
KEY WORDS, at the time of conversion. I'm guessing these are not short-term holders so they'll wait on converting these until there are more shares in the O/S (remember 100 mil reduction coming) but as they grow they can use the shares for funding for new opportunities and at the risk of being labeled "a Student of the Obvious". It won't be down here. imo
$NHYF - a couple of assumptions that might be wrong - 1) that someone would provide $5mil funding for a company with nothing happening, I've been involved in deals for capital and NO ONE provides $5mil unless there is something about to happen, not Angel Investors, Not private investors, certainly not a "private family office". They would have signed a NDA in return for knowing what is coming. 2) It's not going to happen down here.
Today is a "clean up" day, IMO. You let people out, who want out. It is easier to move the stock up if you sweep out the sellers.
3) In today's filing, you'll see news about what Solitario got and what Berry has - they each own 1 share of the 2023 Series B Preferred stock which gives each of them the right to convert that share into 4.99% of the outstanding shares. These are not people who do this so that they can make money by selling their shares at .005. Why 4.99%? Because you have to notify the SEC of every sale if you own 5% or more.
Definition of a Private Family Office: "A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50–100 million in investable assets."
They didn't get that kind of wealth by being careless and they would NEVER want to invest in something if .005 was the goal. I've dealt with them and they are the most detail oriented investors, I've ever met. They'll do background checks on the management, they'll want proof that a company is the "real deal". They didn't get their money by playing Russian Roulette. And, they never buy sub-penny stocks, NEVER.
According to FINRA - Tot. Volume (Last Month) 3,037,868 and today we have done almost 2mil in one day vs last month's (October) volume. It appears that today was an event of some kind, but I think this shows just what kind of volumes (much bigger than today's) will be ahead. GL2A
$NHYF would like to say thank you to whoever gave me some .0038s - much appreciated!!
I did this a little while ago, "Buy volume" is 1,103,375 and "Sell Volume" is 832,000 "? Volume" is 125
you can find this under "quote" and then "trades" for any stock.
$ALPP so if you are able to read and comprehend then I wasn't suggesting that this is good. I was just trying to understand why it was bad. I didn't know you owned a "woke" outfit but I'm sure you must look "cute" in it.
I listened to the shareholder conference call today and it sounded like it was written by pumpers.
If you believed the call today, you'd think they were a $100 p/share stock. So I won't be buying and wish everyone the best. Update from my original post. Not convinced they know what they are doing.
$ALPP - seems like less that a "good thing" but I just started following $ALPP so maybe there has been worse? The settlement between the two parties seems to be pretty bad for ALPP, imo
"in exchange for the following from the Company: $100,000 payable on or before August 3, 2023; 250,000 shares of the Company's Class A common stock to be issued immediately (the "Shares"); $2,000,000 payable on or before October 31, 2023, and a $1,800,000 note payable (the "Note") with monthly payments of $75,000 beginning on December 1, 2023, with a final payment of $900,000 payable on or before December 1, 2024. The Note bears no interest, and the Company has the right to prepay its obligation under the Note without penalty."
In the latest filing it is losing .23 per share and just in that one settlement they owe over $4mil.
Has anyone seen or heard as to how many shares they are going to offer and at what price?
Do you think we'll hear any info this Friday on the offering?
And this is just a suggestion: if you'd like to make this board a little more relevant. Just stick with facts. It's kind of boring to watch post after post saying, "It's a scam or Hang Wilson". I'd rather look and see if there is a way to play this, I can't change the past. If I can't find a way to play this then I'll move on.
Wow! so you don't have a search engine? Mark represented Colorado when Colorado and 7 other states formed Lotto America. Which is now PowerBall. You're right, that's not an accomplishment.
And in forming lotteries in South Africa and then supporting numerous charities in S. Africa, gaining the attention of Nelson Mandela. https://www.inspirehub.com/blog/big-on-small-podcast-ep-005-mark-hutchinson-against-all-odds
Again, in your mind that is nothing. Those who haven't done anything always criticize those who do.
$HDUP - so you believe that Mark Hutchinson is throwing his 30 years old reputation into the trash can of your imagination for nothing? Brilliant thought!
I guess we will see, but I NEVER invested in this because of Kelly. But because of Hutch but go ahead and attack Kelly, I'll be right behind you! He has not been helpful! IMO
And if everything they've stated in filings is comprised of empty promises, then why did the Shields Legal team sign up for the deal? They are a legit legal firm that brought in Parsec. And why did, Parsec Capital merge with Enteractive Media? Was this just a show to entertain you? LMAO
And if it were a scam then why isn't the share count higher? Doesn't a scam issue more shares?
Let's see what happens next. Then one of us will need to explain why we were wrong.
$HDUP:
Previously, GameChangerz, on their website, said:
“Copyright @ 2021 Enteractive Media INC. All rights reserved, A Heads Up Entertainment Inc. Property, Published by Enteractive Media Inc.”
On June 7th, HeadsUp via OTC Mkts released a statement that included:
“HeadsUp has partnered with Canadian sports entertainment company Enteractive Media Inc on the first of a number of content production initiatives to produce daily content for sports betting customer acquisition. The companies are presenting and hosting multiple panels and main stage presentation at the SIGMA America's iGaming conference in Toronto where gaming industry leaders are congregating for the largest Gaming conference to date in Canada.”
https://www.otcmarkets.com/stock/HDUP/news/HeadsUp-Entertainment-Launches-Sports-Betting-and-iGaming-Revenue-Platforms?id=360291
And on Jan 11th, 2022 HDUP said in a Shareholder Update:
• The GameChangerz sports handicapping media platform will continue to be leveraged over many media platforms with multiple revenue streams from affiliate marketing to direct sales and advertising with expanded content designed to monetize both traditional and nontraditional global sports.
https://www.otcmarkets.com/stock/HDUP/news/HeadsUp-2022-Shareholder-Update?id=338565
The Kellners (Kelly is CEO of both Enteractive/GameChangerz and Parsec own a few shares in HDUP).
Kathleen Kellner Owner of more than 5% Calgary, AB (Alberta) 19,000,000 Common 8.2%
1992689 Alberta Inc. Owner of more than 5% Calgary, AB 18,000,000 Common 7.8% held in Arnold Kellner’s name
Lynne Kellner Owner of more than 5% Calgary, AB 18,000,000 Common 7.8%
Page 8 of this report; https://www.otcmarkets.com/otcapi/company/financial-report/374449/content
You think Kelly, CEO of Parsec and Enteractive is going to stiff his family? Just answer that one question.
But you don’t care for facts, do you…you just want to bash on a stock you don't own.
$HDUP maybe you should tell that to The Shields Legal Group out of Dallas. They're still working on it.
They're the Legal team who brought in Parsec and Parsec merged with Enteractive "A HeadsUp Entertainment property" according to their website.
$HDUP so short-term memory loss? Spinola transaction hasn't been completed, go back and read the filings from last August.
$HDUP - I think it's a great idea that you gave up. Can't say that I blame you. But I doubt that the Kellners sunk over $1mil into this company to quit. And I can wait and have been for over 3 years.
My first deal ever was Ventnor, they were making cast iron blocks for AMC Motors (Jeep/Chrylser) in the early 80's. It sat at .12 for over 3 years and most days wouldn't trade. It ran to $5 when AMC announced the contract for them to make all of their engine blocks.
I'll wait, I like those kinds of paydays. See ya
$HDUP - let me get this straight. Enteractive Media, merged with Parsec Capital just for entertainment?
In June they announced, "$HDUP is leading a group of 3 companies for the acquisition of a US land based casino that includes 3 online gaming licenses. 2022 revenue was over $13m."
And in your opinion, they are doing this because they are dangling carrots? There's got to be a Forrest Gump quote for this kind of thought!! lol
$HDUP buys a casino -
HeadsUpEntertainment
@HeadsUpHDUP
·
11m
$HDUP is leading a group of 3 companies for the acquisition of a US land based casino that includes 3 online gaming licenses. 2022 revenue was over $13m. This purchase is a new strategic business unit and will add to the valuation for the uplisting and merger previously announced
$HDUP - I agree - I found it was wise to follow the wisdom of Garfield. A bright orange cat from our US cartoons. Many years ago on January1, Jon his human asked him if he had made a New Years resolution.. Garfield said that he had and Jon asked what it had been...Garfield said, "to lower my expectations".
Helpful advice when you invest in OTC stocks, imo
$HDUP - Mark has had a steady conversation regarding the importance of Charity and/or Fundraising via tailored lotteries and games. He's been saying this for at least a couple of years.
This was from their PR in May, "HeadsUp Entertainment International Inc. is a global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50/50, charity fundraising platforms, software and blockchain based payment solutions."
At first I thought it was a little strange, regarding the focus on "charity fundraising" but I saw this video of Mark from a Podcast in Vegas where he said something close to this regarding charity, "you get to raise a lot of money for good causes and you get to make a lot of money doing it". HDUP has been saying that they will be a player in the charity fundraising market for over 2 years now.
do a search on Spinola Gaming: ( https://spinolagaming.com/ ) guess who is going into charity fundraising? You think that is a coincidence?
Then remember last August, HDUP had a video update for shareholders - they made several good points - 1) being that over 90% of Lotto Games were analog, requiring you to go to a store to buy a ticket and that means the winning ticket can be forged but that goes away with digital (internet) lottery and 2) that many good charities find it hard to raise money and providing a way to get people to give is by providing a way for them to win something if they are lucky.
In searches on Mark Hutchinson I've found GG World (which he is CEO of) https://gg.world/ , and GG Gaming can be found on https://lottopark.com/ where you can play Lotteries from around the world from you desktop. That is, I believe, what Mark is working towards and it takes time.
This might require patience, I've owned shares since 2020...I think it will pay off.
$HDUP so you are of the opinion that from the filing (the following is from NOTE 5)
ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED
In May 2021, the Company entered into a letter of intent to acquire Spinola Software Solutions
Limited and Jackpot Group Limited (together, “Spinola”). As a condition of the closing, the Company
and Spinola entered into a Loan Agreement and Promissory Note, to be secured by stock in Spinola
(the “Spinola Loan”).
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per
annum, and is due within 12 months. All payments are first applied to accrued interest and the
balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to
time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the
loan repayment due date to May 5, 2023.
In your opinion, I'm guessing that this debt was settled? In some imaginary world?
And then from the most recent filing
Apr 21/23 Transfer from Mark Hutchinson of 250,000 Common shares. To a James Mueller in a Private
Transaction of Restricted stock, was that Mark trying to screw a friend?
LOL, you're missing all the clues! imo
Amazing due diligence on your part but completely the wrong conclusion.
$HDUP - from the latest filing: Did you forget that they would go to Nasdaq based on revenues and income?
5. ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED
"In May 2021, the Company entered into a letter of intent to acquire Spinola Software Solutions
Limited and Jackpot Group Limited (together, “Spinola”). As a condition of the closing, the Company
and Spinola entered into a Loan Agreement and Promissory Note, to be secured by stock in Spinola
(the “Spinola Loan”).
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per
annum, and is due within 12 months. All payments are first applied to accrued interest and the
balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to
time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the
loan repayment due date to May 5, 2023.
During the year ended January 31, 2023, the Company advanced $536,162 (2021 – $830,560) to
Spinola. As at January 31, 2023, total amount due from Spinola was $2,086,722 (2022 – $1,550,560).
that was from the latest filing. Did you notice that the latest filing had more information than we've been given before?
Maybe they are getting ready to move to Nasdaq where they will have to be transparent.
As of January 31, 2023, the acquisition of Spinola has not been completed. All parties continue to move
toward the disclosed corporate finance structure of the reverse triangle merger."
$HDUP - here's another one to consider. Who is buying all of these shares down here?
Time --------- High Low-------Volume
5/31/2023 0.035 0.0266 925,353
5/30/2023 0.0305 0.0265 839,800
5/26/2023 0.0339 0.0281 485,000
5/25/2023 0.0351 0.0285 1,554,700
5/24/2023 0.037 0.0283 3,831,900
5/23/2023 0.0475 0.039 777,800
5/22/2023 0.0475 0.04 138,600
5/19/2023 0.0432 0.0305 3,265,700
5/18/2023 0.0416 0.035 845,900
5/17/2023 0.0648 0.0335 3,932,800
5/16/2023 0.0688 0.0518 2,399,200
5/15/2023 0.0773 0.0566 8,429,600
5/12/2023 0.0519 0.029 3,270,600
5/11/2023 0.03 0.0272 450,000
5/10/2023 0.0315 0.0255 1,004,600
5/9/2023 0.0324 0.0278 350,700
5/8/2023 0.035 0.0273 1,034,500
5/5/2023 0.036 0.0291 267,200
5/4/2023 0.033 0.0292 34,800
5/3/2023 0.035 0.0271 731,700
5/2/2023 0.0345 0.027 1,062,600
35,633,053 has been traded in May, I'm guessing on this but something like 35mil shares are under a CTO and can't trade and that would leave 35mil which can.
the legitimate question is, did everyone dump their shares? I know I haven't. Then the next question would be, what are the MM's doing?
Could they be trying to shake out the weak shares and move them to stronger hands?
Why would they do that?
To open on Nasdaq, the stock needs to be at $4 p/share. If this is controlled by longs (friendly to the company) then when news hits, the weak shares will already be gone. The US shares, between 30 and 40 mil, didn't all dump this month. They just got the weak shares out. IMO
PS: as a note for clarity, I doubt we get to $4 per share without some "adjustment" to the O/S I think a lot of that will depend on how high they can get this before the move to $4.
$HDUP - so it was taken from the filing on https://www.otcmarkets.com/otcapi/company/financial-report/370127/content
- go to page 14 to see them add "Advance to Spinola Software Solutions Limited (Note 5)" then go to "NOTE 5" and on to page 21 to read "NOTE 5" which begins with "5. ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED"
https://www.otcmarkets.com/otcapi/company/financial-report/370127/content
$HDUP, I am so happy that we have a genius among us...on a "low" horse. So yes, you can put them up as collateral, but you CAN NOT TRANSFER THEM, the MM won't allow that.
So what does that mean? It means that anyone lending money against those shares is probably pretty confident that if the loan is not repaid, that the shares will be tradeable (OFF the CTO) and they will be able to cash them in.
I'd suggest that the party lending money knows the collateral will have value. If the CTO isn't lifted then their collateral is worth ZERO.
$HDUP - wonder why they put out every transaction in the latest 10K, regarding Spinola? It's the first time we've had any real transparency...maybe getting ready for Nasdaq?
read the Note 5 mentioned in the filing - from page 21
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per annum, and is due within 12 months. All payments are first applied to accrued interest and the balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the loan repayment due date to May 5, 2023.
During the year ended January 31, 2023, the Company advanced $536,162 (2021 – $830,560) to Spinola. As at January 31, 2023, total amount due from Spinola was $2,086,722 (2022 – $1,550,560). At January 31, 2023, the acquisition of Spinola has not been completed. All parties continue to move toward the disclosed corporate finance structure of the reverse triangle merger.
Any idea as to why a "pump and dump" would be moving towards greater transparency?
$HDUP - if you are under a Cease and Desist order - you can't move those to a US account to circumvent the order You can only do that with an approved variance by the Canadian Exchange stating that it won't harm the stock.
So in response to your question "Where does it say they cvannot lend out those shares to MMs in the US"? Where does it say that you can?
HeadsUpEntertainment @HeadsUpHDUP
56m
"$HDUP Yield sign finally removed by OTC Markets after backlog of companies affected by the new filing requirements being sorted. Revenue announcements will begin next week after the long weekend that will support the substantial value to the acquisition announced on Wed."
$HDUP we all have an opinion. Had Spinola been acquired by Parsec then as a Nasdaq listed entity they would have had to announce that.
It would also make HDUP guilty of posting about their integration with Spinola as a fraudulent statement.
I could be wrong but Spinola merges with HDUP along with all of the other entities that HDUP has announced and then they merge with PSXCU, with the surviving entity being HDUP Global.
That's what the filings state.
$HDUP - I have a guess regarding Spinola and the timing of the announcement. FWIW. I emphasize that this is a GUESS.
If I am the CEO of Spinola would I want to merge into a stock listed on the OTC Pink market? Assuming that they have the revenues we've heard about, the answer would be no. That would be nice for HDUP shareholders but it would be of no value to me (CEO of Spinola). I have to assume Ade Recenko (CEO of Spinola) would stipulate that Spinola will not merge into HDUP until they are assured that a Nasdaq listing is definite.
Last August (16th) the company stated in a PR, "This step now allows for HeadsUp to complete and finalize definitive agreements for the full acquisition of Spinola and its related companies". That was 9 months ago and it doesn't take that long for them "to complete and finalize definitive agreements" and that's why I believe that Ade would not agree to join a security listed on the Pink exchange. I suspect that there is an agreement to hold up the merger until there is an inevitable Nasdaq listing in sight.
Again, it's just an opinion...I wouldn't be surprised if it wasn't the whole story.
$HDUP - nice to see that and hopefully we'll be hearing more from the company!
$HDUP from another platform:
"$HDUP Game Hive mobile games have been downloaded over 200M times across multiple mobile platforms"
$HDUP and one of the ways they get uplisted is to merge with a SPAC.
Parsec Capital merged with Enteractive Entertainment (CEO is Kelly Kellner) see the most recent filing:
"https://www.otcmarkets.com/otcapi/company/financial-report/370127/content"
Kathleen Kellner Owner of more than 5% - Calgary, AB Quantity 19,000,000 Common 8.2%
1992689 Alberta Inc. Owner of more than 5% Calgary, AB 18,000,000 Common 7.8% Arnold Kellner
Lynne Kellner Owner of more than 5% Calgary, AB 18,000,000 Common 7.8%
And Kelly was named CEO of Parsec Capital. They were delisted from the Nasdaq exchange when several of their investors decided to exit. Kelly was named CEO after the recent delisting.
The company will acquire Spinola, with several audits showing that they will bring in excess of $100 mil in revenues (go back on OTC Mkts and read EVERYTHING under "news" category).
They didn't say if that was for 1, 2, or 3 years but it will be sufficient to meet the Nasdaq exchange standards where Parsec was listed prior to the exit of investors.
Don't listen to anyone on a Public Forum, do trust filings. Do some due diligence.
part of the reason for people being negative about today is two-fold:
1) I keep hearing people who've seen a post on charity efforts as dismissing that market as unimportant and I think they are wrong. Mark has in some interviews suggested that this market made a lot of money while he was in S. Africa. He seemed to attribute his affiliation with Nelson Mandela as largely attributed to the efforts in charitable efforts, while stating that it was a big piece of revenue, not to mention goodwill.
2) several times over the last 2 years we've been told that they are ready to rock-n-roll only to have them go silent for the next 7 months: no updates, no conversation, nothing.
The result is a pretty skeptical shareholder base.