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tcrappin, you obviously don't know how to read L2. There certainly wasn't 600M shares going off in one day. 200M was double printed. That's the way the MM makes his money. They buy at one price and immediately sell it to their client at a couple ticks higher. Then you add the 120M short position and the numbers start adding up.
No doubt large numbers are being sold, but not quite as high as you think.
Cheers.
Don't you think its a better idea to get that info from the company rather than from kid in his parents basement? Think about it.
I hear ya bub. We all have to make money. Some just like to whore it out instead.
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999, so now they are giving you a script too? Wow, you really are earning your money. lol
Smegma!
That's funny Loyal. You make the mistake and then blame it on mollen. Don't you think he's getting enough crap already? lol
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You show your ignorance every time you open your mouth.
Take your money they are paying you and go to the next ticker.
If it was him I hope he's using the money on production. Takes money to make money.
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Loyal, is this a joke or are you serious? The billion shares are only authorized, not issued. Huge difference. The billion shares are probably for future use.
Don't let the bad guys tell you different. The shares aren't issued.
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work: if was easy, everyone would be doing it.
Profit, no way there will be a cash dividend. But there are some other things that could be done to create a dividend other than cash. IMO any kind of dividend could make this run. It would also kill the shorts.
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Johnny, I agree with the frustration. Mine is more about administration things. You can't really say that mollen hasn't done anything to help shareholders. He has landed big contracts, contracted to have the stuff manufactured, had it successfully tested, holds shareholder conference calls and open houses. It appears that he is at least trying to be transparent. Especially after Gator's latest PI trip, I truly believe they are trying to make this company successful. It's not easy getting a company off the ground. The I/O only increased by about 160M shares. Today's price, that is only around $50K US. Even if they dump those shares in the market, 1) I don't think it will have a bearing on the s/p and 2) if he can get this company off the ground with $50K each quarter, have at it.
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Well said! BEEP BEEP
me either.
8, I agree. In the real world, that would be nice. But just because they are late on a filing, doesn't mean the business is a scam. Hopefully, they make it and can afford to hire someone to handle the filings.
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Papa, they get anywhere from $500 to $1,500 depending on how long they agree to sit on a board. They usually aren't smart enough to short the stock and make money in the process. They let others use them to do their dirty work. They really are smegma.
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Gator/everyone, just because something that was promised and hasn't happened yet, doesn't mean that its not happening. Maybe if we stopped asking/demanding info, he wouldn't have to share things and then not deliver on time.
IMO
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To the negative posters:
All you ever say is that this company is a scam and that mollen is a scam artist. I'm trying really hard to understand why you say those things.
Granted, they aren't very good at hitting deadlines/promises. However, that doesn't mean its a scam.
If you will remember, just the past few weeks, you (and you know who you are) repeatedly came on here and claimed it was all a scam, that there was no plant because mollen wouldn't tell us where it is.
So, our resident PI, goes to Virginia and what do you know.... there is a plant, they are making biocoal, the open house "was" cancelled by the operator, not mollen, and he even sat down and talked to the operator (that doesn't exist).
Where is the scam in that? You were clearly wrong. It's obvious what you are doing. To profit off of hurting others is more of a scam.
You also claim its a scam because they didn't get their Q in on time. Yet, they always seem to get it in at some point, but we never hear you come back on here and say you were wrong. You are like a weather man that says its going to storm tomorrow, then when it doesn't, he never mentions it again.
We realize that you are paid for your services and that's one thing, but to use the word "scam" you only show how ignorant you really are. Ignorant by definition, not opinion.
Late filings and missed deadlines isn't the definition of a scam. Find a different word. Unless of course, that's part of your deal and you have been told to use that word. It's just for shock value, but yet you show ignorance when using it.
I would rather see a filing late because mollen is wearing a lot of hats instead of having people on the payroll just so they can meet filing deadlines.
This company has so much potential. Here's hoping they make it.
Loooong.
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What? It's not a scam? Wow!
I can't believe that it takes someone doing investigative work for you clowns to believe the company is real.
Any apologies from the bad guys? Nope. They still have their agenda.
Good work Gator. Now maybe they can get a little respect.
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mymonies, nobody knows what you are talking about because they deleted my posts. They don't like it when you talk about the guys that are on this board that are paid. IHUB allows it. What a shame. IHUB is the scam. lol
Work: It's IHUB's fault for allowing them to hide behind an alias. If their name was known, you wouldn't see nearly as much. I remember reading where Vega went after a guy for posting liable stuff on this board. They even got a court order against the guy. So, the vale CAN be broken if the company wants to chase after them. When you say emphatically that someone is a fraud or a scam, you really open yourself up to legal problems. Slander isn't something to be taken lightly.
IMO
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Well said Papa
My post wasn't about money being made as much as it was about my dealings with molen. It was not at all what is described here by some of the posters. I found him to be very professional and responsive to my requests.
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The company HAS to have money to operate. Where do these guys think that comes from? It's hard enough to launch a business. Try doing it with no money. lol
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Reign, probably because you are wrong in your belief about the company. Is everything you don't like a scam?
I can only speak for myself, but some of the stories that are told here by the bad guys are not at all what I've experienced dealing with molen and VGPR. He might be the biggest crook around and I'm not trying to defend him other than to say that my experience was both pleasant and profitable.
I live in the UK and I know some people here that are in the alternative energy business and they started talking about fuel pellets being made in the US. I am an engineer and was intrigued by the concept. I contacted the company in March of 2012 about purchasing stock directly from the company rather than in the open market. I spoke directly with molen several times and when I inquired about shares, he said the company could offer to sell me restricted preferred shares for $2.50 each. On March 18, 2012 I purchased 10,000 preferred shares for $25,000. In March of 2013, I was able to start converting some of the shares into free trading common shares at a rate of 1=10,000. Since that date, I have converted shares on 4 different occasions. I've sold all but 19 million shares at an average price of .0009. After fees were taken out, my gross was $70,164 (US). I'm holding the remaining 19 million shares and I'm waiting on the bounce that always comes with pinkies.
Each time I converted, I had to reach out to the company for required documents for my broker. Molen responded straight away each time and was very professional in all of our communications.
You guys might call me a pumper, but all I try to do is defend the company against all of the attacks that have no merit. I haven't experience anything like some of the negative things said on this board.
This is a young company and they are moving toward hitting their targets. It's not easy getting a company like this off the ground. I would never try such a thing here.
If Molen stole my money, I wish he would steal some more. This pink is one that has gone well for me.
Good luck to all.
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Save your breath Gator and don't take it personally. He's being paid.
Well said Diesel.
Loyal, I'm confused. Where did you hear that Molen caused the accident? I missed that. It was my understanding that he was trying to pander to the misfits on this board by holding an open house and apparently there was an accident and he is rescheduling it. You must have better info than any of the rest of us. But when any negative thing happens, it must be Molen doing it to us. You really believe that? How would you answer that question if it were asked in a different forum and the trolls weren't listening? Think logically, not irrationally. Stuff happens. I'm just glad that they are rescheduling. Doesn't seem like they are walking away from it.
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Diesel, that's the smartest thing I've heard on this board for a long time. These pansies all think they know things, when in reality, they have no clue as to what it takes to run a business. The company tries to pander to them and as soon as they have a problem, the lynch mob mentality starts. If they had an accident, I sure hope everyone is OK. That is the main thing, not if someone had to cancel their weekend plans or not. Where is your compassion people? What's wrong with waiting to see if/when they reschedule? Ignorant ignorant people on this board. Things don't go your way....it must be a scam. Idiots.
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You gents are something else. You say it looks like something negative. Why is it so hard to believe that there may have been an accident and they have to reschedule the open house? They didn't cancel it, they said they are rescheduling it.
Doesn't it make more sense that MM would rather have the open house and see a bump in the s/p? Makes no sense that he would set himself up for this. I remember when he had to cancel the radio interview, everyone said it was all a scam, then he did in fact reschedule and had the interview. Don't forget why people say bad things about this company.
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Not cancelled. Postponed. Big difference.
Yep, I just got an email about the open house being postponed. Apparently, they had a problem moving a machine. I have a call in to MM and will post any news I get.
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I agree. Usually get a nice bounce after a CC. Might have to pick up some more.
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fb: Go away! You don't even own this stock. All you do is show up every so often and try to start trouble. Everyone is tired of your act. Please. Go away.
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It makes absolutely no sense to me that someone that owns shares of a stock would go onto a public message board and start complaining about everything from biocoal to Molen's hair. It's very simple; if you own shares, you should be supporting it every second you own it. If you don't, you should sell them and go do something else. Trying to impress others on this board with childish DD only makes one look stupid and it doesn't help the company either. Think if we had 25 new people show up on this board today to check out vgpr. What would they see? A bunch of ladies crying over not being able to find the needle in the haystack. Who cares? What is the plan once you locate their facility? Be the first one to run to IHUB and gloat about how good your DD is? Makes no sense. We asked for them to show pictures of the facility. They did. Get over it.
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That's old news Gator. They came out later and explained the Allendale situation. Don't you follow the news? If you truly are a shareholder, get on board and stop trying to shoot holes in this. If not, move on to something else.
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Gator, give it up. You are all hung up on something that you aren't understanding. Get the hint boy. They don't want you at their site. We asked for molen to post pictures and he did. Seems like you like playing sherlock holmes and making the rest of us think you have an inside track to this company. I'll do my own DD thank you. You just incite others by complaining about not being able to find the needle in the haystack. Give it up man. Get on the bus or get off the bus.
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Good morning all. Why is it that the majority of you guys think that the shares that are sold each day come from the company and or molen? Do you really believe that or do you just need something to grasp onto and someone to blame? It is crazy to believe that. Do you honestly think that molen is holding 1.5 billion shares? Get real people. There are a lot of people that have shares in this company. There is an open market for this stock. It's very active. Many MMs on the box. Get your head out of the sand and live in the real world. In the last cc molen said that they had over 3,000 shareholders. Don't you think its just a little bit possible that some of those 3,000 shareholders sell shares from time to time. Wake up and smell the coffee boys. This is a very active stock. Stop blaming molen for your problems. If you don't like how they run this company, sell your position and go to the next one.
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Insidious, why do you blame molen for the falling share price? Think about that question before you answer. Do you really think he wants the price to drop? If he is diluting like you say, wouldn't it make more sense that he would want to sell at higher prices? You know as well as anyone else that there are a lot of games being played in pink land. It just doesn't make sense that he would purposely drive the stock price down. On the contrary, I think he and other management are doing their best to prop it up. They have a ton of business in the pipeline. For the majority of businesses out there, the one thing they lack is "business". This company has that. Now they are showing how they will produce the product and get it to their client. I think that is a MAJOR point. If they do that, we can rest assured that the stock price will not stay down here. Just because the stock price falls, it doesn't mean the company is doing something behind the scenes to make it fall. That makes no sense at all. Maybe try supporting what they are doing instead of accusing them of wrongdoing. Accusations without proof are just that...
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