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"Whopper of a mistake"? ..every move was planned to mislead, create hype,and/or fool Johnny retail plus some greedy gullible institutions.Let us start with,
Glassware.
Microsoft/Azure "partnership"
GW in Dell servers,
Chesterfield School system(SIC perhaps?)
Delisting of TSX,Cusip change,to thwart short sellers.
The Grand merger between OVRL and ANY(at a huge premium for the almost bankrupt OVRL franchise) where 1+1 was going to equal 11.
All this with proclamation of the dawning of a new internet era from some very nefarious newsletters.
Crime may not, not, pay,but BS certainly does.
Just watch out for the next pump and dump scheme. I can smell one in the offing,hence current share price around thirty instead of thirteen :)
"Death throes" or palliative care is a matter of conjecture for a $10,000 investment now worth mere pennies.Scam? Hoax? Crime does pay more often than not when greed overtakes logic.
Perhaps today's 15% decline could be attributed to continued pummelling of the internet behemoths on Nasdaq.
"We are merely in the second of a nine inning ballgame".The Cusip change, TSX delisting, should soon start the mother of all short covering rallies..Simply, IMHO
Could be price target on the forthcoming one hundred and third pump and dump,or price target after the umpteenth reverse split, or both.
unless they issue zero % preferreds convertible into a zillion common shares,only a co conspirating insider would buy them.As you suggest,this is strictly a formality announcement.After all,share prices are lower by a bucket load since dec 2017.
Thanks,plus it was "announced" in Dec 2017,this is stale news being fluffed around.
Please do share this NR, I cant find thanks
Some sucker paid 60 cents for this former killer of the Apple toll booth just this week.
We all learn through our errors. I have a long list to share over that "Pino"
Tantam, read #45865, best I can defer to.Honestly haven't got a clue otherwise.. Your thoughts?
I mentioned that in my recent posts,there was a pump and dump in the cards, last hurrah,probably more to come.
You being the expert in the field ,them were your warning signs (and helped my decision to bail).
My lights went on with the hoopla over TSX delisting, Cusip Change,and the much ballyhooed Spiffy Overland merger where 1+1 was supposedly going to equal 11. :)
We tried to warn them......took a lot of abuse...
Than we must defer to Elon Musk,a reverse takeover of Spiffy would severely punish shorts in both companies. Would $3 per share be enough to do the trick? :)
I have followed these scoundrels for at least five years,they are real Sharks,they should have absconded long ago,they are still around,perhaps as the debt holders are not prepared to see their own equity taking a major hit.
There is a reason this turd trades at a quarter instead of a Nickel,my hunch is some "in the know" are at the least EXPECTING one last Hurrah,shell company morphing into crypto currency,or weed company.Afterall,there is a sucker born every...…….
Bio T, any truth to the rumour Tesla is to acquire Spiffy in a reverse takeover, go private? shorties in both companies will face the wrath of "Mother of all short squeezes" :)
Didnt some one really pay 40 cents plus for this Ubiquitous company a few weeks back? I see one last pump and dump in the offing,hence the reluctance to take this down below a quarter,or for shorts to bother getting involved.
Once again. all IMHO,the only way out will be to "spin" the shell company as a weed / crypto/ Tesla /Space play.P.T Barnum said...….
My memory is no longer clear, yet I believe the warrants were always issued much cheaper than "than" stock price, an easy arb for the nimble trader.The continued extension of the debt was obvious;its value was never marked to market,(currently around zero probably still marked at "book").Time to pay the piper.ALL IMHO off course.
Yes, I did not want to bring it up.In an interesting anecdote,Apple went from 33 cents to $208,the "killer of the Apple tollbooth" went from $208 to 13 cents.
Perhaps DELL will now re visit its $23/share offer allegedly rebuffed by the company a few years back.
The last feedback the gorilla gave me was "watch and learn" before absconding with MILLIONS.
Bot @ 14,out at 21, 50% a day,you should be master of the universe with some hedge fund, Congrats.
Try and catch a falling knife, sure why not.Have a blast and Godspeed :)
The patient was moved to palliative care a long whiles ago,only a divine miracle ………..
Shows how much I have been following this stock that once rebuffed(according to rumours)an offer by Dell in the hundreds of Millions. IF market cap is indeed 5million, total debts in excess of 30 million....Than only a fool would envision market cap ever getting back to even 12 million. :)
I have been saying since this "killer of the Apple tollbooth, future Internet behemoth" soured below a buck a few years back.. For all intensive purposes,this is a bankrupt company, debts exceed assets by a country mile.Honestly have not a clue how doors are open, and Mahogany row salaries still being paid..
I think one last 1X25 reverso still in the cards(they have a year,but not sure of liquidity).. Yes, a hail Mary pass also very much possible..ShellCo morphing into Cryptocurrency, Weed, GW in driverless cars,future Mars mission...
About the same odds as me winning the lotto and eloping with Shania Twain :)
tdg,33 cents reflects almost default scenario.Curiously barely a fortnight ago bottom pickers were snapping this at 50cents with visions of grandeur.
If GW is indeed embedded in Dell servers,the company is still in stealth mode.Dont want to alert the competition and all :)
I think it serves as a reminder how not to believe everthing written,how to trade with stop losses(or lock in your gains after parabolic rises in share price),than again,the Azure partnership is still intact,perhaps one day we will indeed see GW in every server.
And I did not win the lotto either :)
My bottom line, if EK managed to cash in like the other Spiffyrats, he was shrewd,if he rode it down the toilet bowl, he was indeed naïve.He must have earned 10,million over the last 20 years,not bad for a pump scheme.
Just put a new AC in my jeep jalopy,still runs like a charm.
EK is not dumb at all,he is shrewd.He has been drawing a fancy salary almost twenty years,was an advisor to the President's economic council,almost stayed at a Holiday Inn one night...
Too bad $10,000 invested in OVRL since IPO now wont even buy you a slurpy. :)
For Cyrus's balance sheet, Sphere 3d is "too big to fail".I am guessing,that this toxic position is not being priced at market value,which is zero.Day traders on this page are unawares of the track record of these scoundrels.They keep praying for a dead cat bounce triggered by some kind of bogus NR.I seriously believe it would take a real sucker with an equity infusion,or transformation (via shell company)into the next bitcoin or weed type of story.(GRassware?)
In the meantime I shall continue buying lotto tickets and dream of eloping with Super Models. :)
And I will win the lotto this weekend :)
40 cents, or is it 1.6 cents,down from $11 Cdn.
Now It all makes sense, my sources tell me EK is in the final three
for the Supreme Court position.