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At this rate buying 80% of the float is going to take years
I'm all dried up? That is funny! I don't represent a company that has been in business for over 10 years and has no verifiable revenue! A company that has announced numerous projects and apparantly have had no success. But I'm the one thats all dried up! At least I sleep well at night.
Your welcome, when I see some revenue or at least the potential for some, I will lose some of the skepticism.
Uh SC in any conversation we have had, I have never asked you what the constitutes the Stockcharter Group! In case you have me confused with someone else.
How have I used your trust, you never told me anything of substance relating to this or the other stocks you represent or trade for that matter.
All I ever asked of you was to get JB to more upfront with the share structure and his investments. This is a publicly traded company and he treats it as his personal possession. Its not his money funding his ventures-it comes from those people buying the stock.
Thats the lure of OTC and pinkies, you always have a shot at a quick 3 to 5 bagger. I think good rules to follow are never chase something that has already started to run, stay away from companies that are constantly diluting-unless your reasonably sure you can time a spike and never throw more than a couple of grand at them. That is why I play big board options for short term plays more than pennies, you set stops and information is easier to obtain. They also trade in more predictable patterns.
FF here is the link to the thing I mentioned earlier.
http://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=PersonSummary&PO_ID=81900...
I wasn't hostile until he raised the A/S again!
Ken exactly who is we? Who besides you are in the Stoccharter Group?
he told me once that the company still had mining properties in Nevada and Canada, so I guess they were leased. But when you go back and look at the Garnet, Gold, Water and Oil nothing ever pans out. He also ran Genoray for a while and I once came across share offering in Canada for a couple of dirrerent companies.
How about that cheesy promo for the fuel additive on the website that was a multi-level marketing item from a company EYII.
To my knowledge nothing ever happened.
Why would you buy up 80% of a float when he could easily raise the A/S another billion?
Come on Ken that is BS, every time he has raised the A/S the stock was diluted! Despite the promise on the website tyo the contrary. I guess the change to a T/A that does not give out the numbers was a way to keep us from finding out the numbers. Why does he hide the numbers from shareholders?
How is he going to raise the cash for the project buy in? How is he going to raise the cash for the initial cost estimates of the project, which we have been told on the website was 10 million dollars? As a holder of 25% interest IDCN will be responsible for 2.5 million.
you may be right but this guy has been selling stock for a long time, so I tend to think the worst, because revenue has never happened in any of these many stories. Without the story out there this would be .0001 X .0002 and he would have to sell alot more stock.
Pinkies aren't done the old fashion way they went electronic 8 years ago. Get a little better informed!
no I disagree when he is not selling hard these trades dont exist. Many days there are less than ten trades so I don't buy the explanation.
FF here is the explanation I got from pinksheets about trades posting after close
The trades that are posted after the close do not necessarily occur after
the close of market, but are market-makers clearing their books. Sometimes
there is heaving trading while the market is open, and after the bell the
market-makers have an opportunity to finalize all of their transactions.
It is a terrible explanation, pinks don't trade after hours. I think that it's one or more MM's are holding trades (usually sells) until after close while the company dilutes. What a joke.
volume over 20 million now decent buys, one left at .0005 on the ask.
12 million almost all buys, could be worse.
Yeah I saw 10 million post after close, but there were 2 9 million share sales and 2 1 million share sales after 11 am.
The one thing that concerns me is the preferred shares in the last A/S raise. Originally there were 5 million preffered shares, I wonder if he raised the preferred to keep control of the company though the preferred voting rights or can he use them for stealth dilution with say a conversion to common shares at 100,000 to 1.
Stock I used to email him all the time last year, talked to him a couple of times too, he does things on his own time frame. He once told me that investment board posters were the worst kind of investors, this as I defended the company against all the bashers on RB! LOL! I didn't tell them that info! It will move you just will have to wait until he has all his ducks in a row. Look for a bottom and add some, I think .0004 .0003 are pretty safe adds.
Yorkie I think it will go higher than that, you might have to wait a month or two, but it will get there.
Etrade has improved the L2 on the last power etrade upgrade so maybe that is why I got it.
20 million at .0004, doesn't look very good.
Your buddy Trip was over on BB's today pumping some more garbage. LOL!
GZD has come back to a pps similar to when the promo showed up on the website, unless he got a discount through private placement it looks like break even at this point.
FAB don't expect anything until January because of tight hole on the new pool at Slave Point. I think that will be a nice play going into the winter, have to see how the 4 way merger works out.
As for the most recent stuff, its obvious he needs more capital for the buyin! If it happens I expect pr's starting out of all parties, still think its a couple of months out and there is the risk of another billion added to the A/S, based on past history.
I have to admit I thought this would have been done already, I got lucky bailing on or around the Shakerzz pumps.
I've seen a couple work out, but they were Nasdaq stocks, I did well with Audble when they did an r/s. Never seen a OTC or pinky work out, mostly because they increase the A/S and go right back to printing shares.
shows up as a buy on my L2, obviously a sell from earlier in the day. He probably has another 300 million to dump!
yeah but if it gets in the .0005 to .0008 level around Sept. I'll buy in. They don't dilute and the runs are nice.
I don't think he will, I could be wrong. Subbie players are a fickle bunch and an r/s is a terrible sign. Unless they move the stock above .005 and have alot of positves on the horizon, then state the r/s is to improve the capitalization-though I don't think most will buy it.
Jeez that is about as ugly as you can get, I don't think its quite that bad yet.
Looks like ILCO is getting back near a buy range again, but you need some real patience with that one.
1 Million at .0004 this could get ugly. Only about 2 weeks until he can do another private placement.
OT FF if you lie the subbies I think IGAI could be a short term flyer on their 10k if sales rebounded. Its a shot in the dark, but I made some decent money on a run last year. Their 10K is late have to file buy friday. They did 25 million in sales last year and debt ate them up this year they are doing a fraction. Took a little flyer on a better sales over the last 6 months, anything positive could be a nice run, if not its a dog.
I saw that, assuming its true I would say Ken is frustrated. I have not spoken to him for a while may call him, JB may listen to his suggestions, but that doesn't mean he acts on them. I know he told him to buyback shares when they were cheap and that obviously didn't happen.
almost 15 million at .0005 after close!
somebody is desperate trying to paint at .0006 for the close.