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Strange is an understatement, a lot of arrows pointing to what the heck!
I'm still digging!
So suggesting 90 million shares will be given up instead of 5 million?
I really don't think that was ever the intent, the intent of the PR at the time was to make this look like a $20 mil deal!
The ship sank right after the PR!
They gave a specific amount of shares! (5,714,285 to be exact) The market crushed it by stomping the price down to .22 cents on XREE, it's pretty cut and dry when they offer an exact amount of shares in the PR and a round number of "20 mil"!
The value at the time of the PR was around $20 mil....that is not a set price, Sorry!
At the time of the PR if you look at a chart for XREE the share price was in the $3 to $4 range.
They calculated the $20 mil number by using the 5,714,285 Payment in shares for XTRN "deal" at the XREE price of the date around the PR.
The PR says cash and shares not to exceed $100,000 cash.
So all that's left is the 5,714,285 shares at $3 to $4!
Now those shares are worth just .22 cents or so...markets open and fluctuating!
Latest deal value $1.2 mil! Give or take a thousand!
I'm pretty sure they won't just keep shelling out shares to cover the "$20 mil" at the current .22 cents
Well I guess they could dilute the crap out of XREE!
YEAH THE .01 A SHARE is just not feasible here for a long time...sorry
The $20 mil in the PR is not a fixed number, it was the value at the date 6/1/17 of the announced "deal"
("$20,000,000 / 2,797,378,869 = .0071PPS").... This math is not accurate!
This number in your above example will fluctuate with the PPS of XREE and it's current PPS is .22 cents not the $3 to $4 range...when the PR came out!
The deal is currently worth 1.2 mil not 20 mil....sorry!
People have been mislead on the details of the PR!
Here's how it really works, not rocket science at all!
$19,900,000 divided into 5,714,285 = $3.49+ per share....about the PPS on or around June 1st.
It say's" up to $100,000 cash for legal expense"! So that's a not to exceed number!
If we look at the chart now and we see .22 cents per share.
So 5,714,285 x .22 = $1,257,142.70 current value of the transaction!
Coming up with a share price of about .0005 for this ticker with that math.
If you take the approx 1.2 mil and divide into approx 3 bil os you get .0004 .0005 right about where the market has this thing sitting!
I did not ad in a multiplier simply because there is no revenue stream for this ticker!
Something going to happen this week?
The board is dead here, we need some updates with backbone soon!
Agree with this:
"Don't forget the bogus float numbers that were being used as well......guess on float".
I am a real numbers guy, let me see the published SS numbers!
Yes sorry for not clarifying in the beginning, it was your info that I copied and pasted....I just assumed it was obvious!
You have done a great job keeping investors informed!
It is accurate none the less I called, enough said!
YEAH THE .01 A SHARE is just not feasible here for a long time...sorry
People have been mislead on the details of the PR!
Here's how it really works, not rocket science at all!
$19,900,000 divided into 5,714,285 = $3.49+ per share....about the PPS on or around June 1st.
It say's" up to $100,000 cash for legal expense"! So that's a not to exceed number!
If we look at the chart now and we see .22 cents per share.
So 5,714,285 x .22 = $1,257,142.70 current value of the transaction!
Coming up with a share price of about .0005 for this ticker with that math.
If you take the approx 1.2 mil and divide into approx 3 bil os you get .0004 .0005 right about where the market has this thing sitting!
I did not ad in a multiplier simply because there is no revenue stream for this ticker!
Hmmm interesting!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133420081
https://finance.yahoo.com/chart/XREE?ltr=1#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZS
Okay well if anyone else want's to post what they have been collecting for OS running tallies that would be a big help?
So far xylan is the only reliable source!
Because all credibility is gone here, so sad!
"you got all those numbers directly from the TA"
I never said that, I said I called and verified what's been posted here for weeks!
So now that it's agreed that the numbers are correct, how is it a credibility issue on my part?
Because I'm posting the truth and backing up someone else that does the same?
Other posters claim to KNOW the truth and choose not to post it.......Why?
It's being hashed out because traders are being lead to believe things that are not true!
Like this!
$19,900,000 divided into 5,714,285 = $3.49+ per share....about the PPS on or around June 1st.
It say's" up to $100,000 cash for legal expense"! So that's a not to exceed number!
I think I'm pretty close here, and we look at the chart now and we see .22 cents per share.
So 5,714,285 x .22 = $1,257,142.70 current value of the transaction!
I come up with a share price of about .0005 for this ticker with that math.
Hmmm interesting!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133420081
https://finance.yahoo.com/chart/XREE?ltr=1#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6IjF5In0%3D
Well I verified the last one and the first one for sure accordingly!
January 23 OS: 783,520,592
July 27th OS: 2,797,378,869
The happenings in between didn't just appear!
I'm not sure why someone would be asking when "THEY" Know the answer and won't post what "THEY" have?
I'm not sure why anyone who took the initiative to call the TA and keep a personal running tallies would not share that unless they didn't like the numbers!
Really no reason to do that and not share it unless?
That's correct the running list is xylans and it's correct!
Xylan does a great job of keeping up and telling the truth so traders don't get ripped off!
Nothing wrong with that at all!
So what is the running share count you have kept track of every week?
My point is that the company....like you say will provide what they want to do to the NVSOS, the company provided 5 bil to NVSOS!
The TA is the only one who provides accounting of the shares, they or the company have not published anything related to SS except 5 bil to NVSOS by the company!
The TA has only provided data via someone contacting them.
Posters (not you necessarily) are putting out numbers and defending them with math calculations that are not correct!
They are able to do this because nothing is posted and certified in writing....via OTC website!
It's a very simple task for a company to update the OTC and have the little green symbol next to the SS saying VERIFIED!
Just like the $20 mil is being miss represented!
So what does this mean and how is it related?
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=LrqO9f7%252blGWoqHQ1%252bz88zg%253d%253d&nt7=0
So you called them?
Okay....a phone call will confirm!
Here is the information available and confirmed by phone that I get!
January 23 OS: 783,520,592
April 7th OS: 1,188,212,990
May 5th OS: 1,766,648,581
May 23rd OS: 1,766,648,581
May 31st OS: 1,834,869,884
June 5th OS: 1,834,869,884
June 6th OS: 2,016,522,022
June 12th OS: 2,216,157,680
June 19th OS: 2,216,157,680
June 29th OS: 2,326,743,948
July 12th OS: 2,326,743,948
July 27th OS: 2,797,378,869
OS has increased 962,508,985 since "merger" announcement On June 1st, and over 470,000,000 in the past 2 weeks....
It's just not realistic, The $20 mil in the PR is not a fixed number, it was the value at the current date 6/1/17 of the announced "deal"
("$20,000,000 / 2,797,378,869 = .0071PPS").... This math is not accurate!
This number in your above example will fluctuate with the PPS of XREE and it's current PPS is .22 cents not the $4 range when the PR came out!
The deal is currently worth 1.2 mil not 20 mil....sorry!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133420355
Sure...if you take the approx 1.2 mil and divide into approx 3 bil os you get .0004 .0005 right about where the market has this thing sitting!
I did not ad in a multiplier simply because we don't even have a revenue stream yet for this ticker!
$19,900,000 divided into 5,714,285 = $3.49+ per share....about the PPS on or around June 1st.
It say's" up to $100,000 cash for legal expense"! So that's a not to exceed number!
I think I'm pretty close here, and we look at the chart now and we see .22 cents per share.
So 5,714,285 x .22 = $1,257,142.70 current value of the transaction!
I come up with a share price of about .0005 for this ticker with that math.
Hmmm interesting!
https://finance.yahoo.com/chart/XREE?ltr=1#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6IjF5In0%3D
"XTRN now owns $20M worth of XREE"
I may be wrong here but wasn't XREE at like $4 a share and falling when they announced?
It's now at just .22 cents per share so that $20 mil figure would be drastically reduced at this point!
"XTRN is to receive 5,714,285 shares of XREE in exchange for 100%".... "$20 million in cash and securities in exchange for 100% of the Company. The CASH AMOUNT is capped at $100,000 or less to pay for legal and accounting fees"
https://www.otcmarkets.com/stock/XTRN/news/X-Rail-Entertainment--Inc---OTC-PINK--XREE--announces-plan-to-convert-Las-Vegas-Railway-Express--Inc--into-a-Freight-Rail-Subsidiary?id=160803&b=y
https://finance.yahoo.com/chart/XREE?ltr=1#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6IjF5In0%3D
You're saying This is incorrect?
Because this is what I was told Friday when I called!
January 23 OS: 783,520,592
April 7th OS: 1,188,212,990
May 5th OS: 1,766,648,581
May 23rd OS: 1,766,648,581
May 31st OS: 1,834,869,884
June 5th OS: 1,834,869,884
June 6th OS: 2,016,522,022
June 12th OS: 2,216,157,680
June 19th OS: 2,216,157,680
June 29th OS: 2,326,743,948
July 12th OS: 2,326,743,948
July 27th OS: 2,797,378,869
OS has increased 962,508,985 since "merger" announcement On June 1st, and over 470,000,000 in the past 2 weeks....
"There is no indication of any dilution".
Ahhhh....It's being verified and posted every week!
So a PPS of .01 is established via........ a $20,000,000 figure that was tossed out in a PR.
Then we have a AS of 5 bil unpublished. (NVSOS doesn't count for me)
Then we have an OS that is still growing (3 bil+?)!
Hopefully it is realized that the $20,000,000 figure is not factored into the SS to establish the "PPS"
A more realistic evaluation of what that $20,000,000 in the PR represents is in order!
I believe it's been offered up and so have the T-trade confirmations
Magic math is not working here!
https://www.sec.gov/litigation/admin/2016/33-10270.pdf
IMO
Like I said....everyone gets an opinion.
So far....There is nothing that would indicate .01 happening from .0004!
But all opinions are allowed.
Okay, Good luck....I guess?
Well...I suppose if the dilution ever stops!
Tough to get off the ground with continued dilution!
"Nevada has the right A/S and Empire has the right O/S".
According to who? It's not published....A phone call and a number in an ear is not iron clad.
If it's not published by the TA it can surly be denied at some point!
Once again NVSOS will publish what the company tells them, SOS does not verify SS!
Think about it!
So in the mean time "numbers" are posted here and defended, and Dilution has continued!
https://www.sec.gov/litigation/admin/2016/33-10270.pdf
IMO
"$20,000,000/2B Est. OS = .01 per share. PPS should be + .01 per share given the OS under 2B shares."
Every time this kind of math starts showing up on a ticker....the bottom falls out!
The truth is left out of sight so it can be a big fat guess and turned into whatever is imagined on a message board.
This is the magical math that snubs the scams every time!!
It appears that Empire may not have been the best option, maybe that's why the SS on the OTC is not updated by the company?
Empire Stock Transfer Inc.
https://www.sec.gov/litigation/admin/2016/33-10270.pdf
Quote
"played a critical role in processing numerous stock transfer requests and, as a result, restricted, issuer controlled securities were passed off as “free trading”securities"
I guess a call could be made, but how reliable would that be?
IMO
"no money to pay bills"
There's always Fundbox in a pinch! They paid that one off with dilution so they should be in good standing!
If I remember correctly, they can float them some big $$ pretty quick!
Not bad, maybe a name and ticker change is in order?
Exactly what I'm seeing as well, and an increase in AS and dilute some more!
Massive dilution = continued massive dilution every time!
And leave the 10 bil AS right on the OTC website, no need to change that number when it will be relived soon!
I agree..... seems to be the theme with covering things up on questionable companys, leave old data to cover the intent and then let traders talk and mold things to benefit the cover!
Dilution is ugly here and has been in the past on this one!
That is my point, if the SS has "changed" the company would be best served to update on OTC's website if they are upstanding!
Thanks for the input!
"I posted the last news release 4-5 hours before it hit".
Now this is interesting, I've seen this before and it's another "RED FLAG"!
Having posters that "Know things"....not good!
Using as many sources of information as possible is key, OTC website is a pretty good one for a legitimate company to report to!
Seems a few bigger issues are in play here....so maybe your right?
No big deal on the not maintaining up to date info where investors tend to look!!
It's easier to fool the "newbie" if they have to go "look for stuff"!
Same game as most I suppose!
IMO