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ROTFLMAO!!! THAT is what peeps should be buying for????
OMG, That line about Neuromancer getting casted, or having been casted, or starting production, or is starting pre-production, has been thrown out to sucker in buyers almost every month for over three years now!!!
Peeps really think THAT will, in any way, draw in buying interest again after all the continual scams and throwing our money away on junk like that worthless DMX, and Big Jake music, and WAYYYYYY overpaid salaries for the scumbag scammers at the top?
Come on - Get real!!!!
Of course not. The meeting is not until next Mon.
Looks as if all the big ask traders are dumping their shares.
I have to wonder if they got scared after all that chest beating yesterday competing with each other about who had the biggest buy order in.
Today we are not seeing anything posted about putting in big buy orders anymore. AMAZING!
Very interesting to say the least.
Very NICE rebound off of the 20dMA. Did not quite touch it, so I expect some churning for a few days.
I think your two weeks might be about right.
Maybe a touch sooner.
Well, I guess that answers that.
Now let's hope that is just sits above the 20dMA to do its churning for a few days.
It seems to want to stabilize at the 10dMA. Let's see if it breaks it before the weekend.
You forget how much of a slimeball Peter is.
He will work that deal so the majority of the $5 million is paid to preferred holders.
The common holders might get, maybe $500,000 to $1 million paid to them to buy off the 35 million outstanding/issued shares.
Peter Hoffman really works out slimey deals that rip off the common shareholder daily.
Yes, they may be working on a buyout, but rest assured, there is more than a 90% chance that common shareholders WILL GET SCREWED in the terms of the buyout.
All the goodies will go to people who hold the preferred shares and maybe the restricted, and common shares holders will get minute fractions of a cent on the three cents a share that they are now.
Thank You. I was pretty sure that it was not just in the "wait and see" stage.
Stanner, didn't you have some documentation that they did default?
That is what he told MANY of us on this MB up until about a month before the last RS.
WARNING!!! You CANNOT BELIEVE A WORD THAT COMES OUT OF PETER HOFFMAN'S MOUTH!!!!!!
Hey NotRich, How's it going?
Thought I'd see what you found interesting as I look for my next pick.
Correction, he's been doing it for over a year now!!!!
Does not look like the big share holders will allow this to go up above .06 for the rest of the day.
OK, WHO keeps trying to hold this thing down?
We start to go and someone puts up a huge ask. Just let this POS gooooo for once.
This board is amazingly quiet.
I bet everybody is too busy out there trying to sell their shares if it will just pop a little higher, LOL
Sold some of mine at .06.
Will buy back again if drops to .052 or lower, but have plenty more to sell if this dog decides to run instead, for once. LET'S GOOOOOO SAPX!!!! You POS stock.
I did that last week.
For it to dip as low as I was buying again would not provide an indication of strength - rather I would be concerned that they are starting the dilution machine again by shorting ahead of those shares that we all know are going to become available at the end of the month unless a deal gets done prior to that.
If it breaks .05 - now that would indicate some strength that this POS might begin to build on.
At least that is how I read the price action here with what we are waiting on.
I'm just watching it churn before I add more.
Will add when/IF it breaks above .05 again before the 21st
A couple of those were me re-loading after my last sell the other day.
Some momentum coming in and moving past the high formed since the drop after closing Gris well!!!
The reason is there are wayyyy tooo many entities that want out the small hole left when any hope is generated. They are competing with each other to see who can get out the quickest before the price gets killed. Once they see one of the others selling their shares, they all start trying to sell in front of each other to get ahead of everyone before the price drops to even more losses.
If the company had only given out a million or two million shares in the past few months, the price would stabilize and move up a bit. However, this POS company continues to add tens of millions of shares onto shares they issued just a month ago - with that many shares continually flooding the supply, noone can get out quick enough. Consequently, they all race to pressure the tiniest bit of rise in share price to get theirs sold first.
Chart showing some potential here for a short term pop.
If you trade this: Remember to only trade with SETTLED FUNDS and BE VERY NIMBLE!!!!
Well, now it is trying hard to hold onto support at .48.
If that breaks, I agree that it will likely test the .40 area again.
Sure wish some testing news would come out.
Looks pretty self-explanatory -> STAY AWAY from this stock - you will only lose money. CEO is not to be trusted.
I'm interested to see how the recent funding helped out the debt scenario. I'm concerned that the earnings might show more losses than expected and I'm concerned about how much those losses are adding up.
They need this well to NOT be another capped well.
You hit the nail on the head - Like you said, "they need oil to sell to generate revenue."
I was expecting something before today, and still nothing.
OK, Do you think they will release testing results along with the ER?
Ohhh, It's a trading day, but not a settlement day - I did not pick that up. Thank you.
But again, IS anyone concerned that they are waiting till the end of the day on a Friday to release any information???
I'm getting a tad concerned that they stated (according to another poster here) that two announcements would be coming out this week, but they are waiting until the end of the day on a Friday, before an extended (holiday) weekend.
News or earnings released in that time frame, more often than not, ends up not being as positive for the share price as shareholders anticipate.
Does anyone else have an uneasy feeling as the hours go by without us seeing some news or the earnings report during the market hours?
Where are earnings?
They were supposed to be before the market opened.
Does someone have a link to their ER?
I bought in this morning.
In at .42
Waiting for some great news to move this hard - Good luck everyone!!!
Oh yes, I saw that, but I did not want to depress Paul tooo much to find out how underhanded, PH the diluter operates.
And there you have the answer for Paul.
It is very depressing getting an education on printing presses and the like in SAPX land.
I think it at least has a run into the 1.03 to 1.10 range. I'm still in after my first profitable trade. Bought back in a tad early, (should have waited for it to get close to that -20 on the PPO, LOL. It got all the way down to -19.6 but I bought at about -15).
Looking good now that PULS has started back up for a few days.
Yes, that is what we were saying back then, and Man Oh Man, did we get talked down for suggesting that a smart trader/investor should keep track of changes in share structure on a weekly basis.
Well, we see where that got those holders who did not want to keep track of SS changes, LOL.
EXCELLENT IDEA!!!!!!