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Forget 'behind' the curtain. Big things are happening in front of it. That said, those things are an incomplete picture any until we have filings then it's an incomplete picture.
We could have 100 distributors and only make $1.00 off of each. Obviously that's not the case, but without filings, it's all speculation about what some things mean. As I've said before.. the biggest to me is the debt and those shares that 'seem' to be resolved with no dilution, but we don't know.
Anyway, until we get filings, we can guess... but that's about it. I'm invested because I am very confident about the things we DO know, and the other things look good so I'm willing to take a shot. We'll see!
Right now.. 80%.
I am holding on to one other one since I do need some funds in about 6 months to pay off some significant debts, and I can't justify going all in with that.
Risks I see are:
competition
lost lawsuit
lost countersuit
new tech/hospitals go another direction
infringement
unclear about the 400m warrants that could take float to 900M
vaccine
accounting issues/fraud
I believe in this company and think we'll do well, but the things above are why I'm at 80 and not 100. I'' note that even though it's 80% of my portfolio (excluding one that got delisted and is currently un-tradeable, but in a good spot)I've got over 100% of my net worth in here.
Some people borrow to buy big houses, fancy cars, etc. No one blinks an eye. I borrowed some and took a risk on two stocks. If this goes to 0, I'll be working until 75 rather than 55. Oh well :) Calculated risk and I hope it pays off!
Makes sense to me, and while I try not to get too excited.. I'm really hoping your perspective is the right one..
I'm trying not to buy into it too much because I don't want to count my $$$ too early... but you do have more experience than the rest of the board combined, and your assertions make sense to me.
Guess we'll see in a few months!
It's kind of odd, right? The idea of a 'good faith' effort to settle?
I mean.. If everyone acted in good faith, we wouldn't be in this to begin with.
So I ask.. Have you seen, in your experience, that someone has been sanctioned or punished for not making a 'good faith' effort?
My guess is this would be very hard to prove. If someone is negligent and just doesn't show up to meetings then maybe... but there are hundreds of millions/billions on the line here. No one is going to be surprised if defendants don't want to cough up the funds.
Does Billy know what those ranges are?
I don't like the idea of being confined based on some limits an 'unrelated' third part set up. If they stole they should pay full price.. I hate the idea of them getting away with it, and a small settlement does just that.
_____
Here's a question/scenario for the group based on what you're saying here.
Billy tells the shareholders they can vote. Settle for $0.10 today, or fight it out in court where it could be 3-4 years before we'd see a dime, but he thinks we'll get $1.00-$2.00 in hand.
While I have no problem with someone wanting to take the money (especially those who bought in for nothing), I'd prefer to fight it out instead of a dime per share.
Again, my ideal scenario is that if this goes to trial, Billy takes this public, and I think that once we go to and eventually win at trial, we're trading well above a dime anyway.
Have a good week all!
I'd say in the fall when this thing fires up it gets in the .005-.0075 range, and once it's up and running we trade at $0.01-$0.02.
I don't think it goes much higher than that until we prove some success, open another facility, get solar going, etc.
Some may say it's crazy, some conservative. but I think we're betwee $0.01 and $0.02 seven months from now. We'll see.
I think it's awesome, and I agree that it seems to be sold out everywhere.
DE I really hope that you do something like this too. Given your name, you could brand it something like:
Desert Breeze
PureOasis
Clean Mirage
There's clearly a need!
Have a good weekend :)
"Please don't interpret that to mean the 10K will come out AH, tomorrow, or two weeks, when it happens it happens"
The above says what it says, but if they anticipate Q2 on time, then one would think the prior 2 filings would have to be in before then. Great news!
"they anticipate getting caught up and be able to file the 10Q Q2 on time"
I'm kind of curious what an IR guy does. I don't mean to speak down on the role in the least, but I'd like to hope the role goes beyond just chatting with shareholders on the phone. I think it would be cool if he attended grand openings of distributorships, for instance. Again, I'm a little ignorant on the role and value. Not saying it's not there.. I'm just interested to hear what everything thinks he'll do to help the company.
With your 20mil shares you'd better by flying us all out there on a private jet if we hit $1.00 :)
Congrats in advance to those who didn't sell into the nothingness of the last couple of months. We were used to great updates every week, and it's been mostly radio silence since.
I took the opportunity to spend my last little $$ to buy a few more, and hope others did too.
Will we ever see the 3's again? I wouldn't count on it.
Indeed!
More wins coming for you as well sir.
I think your distributorship is going to be the Mecca for us ihub folks. I'm sure many of us will make it out there at least once in our lives.
Very Cool! Is this your doing or the new IR guy? If it's him, nice that he got an early win under his belt!
Perhaps.. but my goal (still to make money) is event driven.. I would like to hold until we cross the finish line. I believe that the money will be there when that happens.
Not saying I'd sell everything a that time, just saying that I believe the price will be higher than it is now. I don't want to miss a spike playing around for hundredths of pennies.
fair enough.
I agree.. I like the cash, I just think that charts can't predict when news comes. Charts being bearish wouldn't keep a plant opening from being announced the next day, for example.
All that said... if you're making money doing what you do..... no objections :)
So then you sell this every time the charts turn bearish?
Am I the only one here who thinks the charts for this ( as with many penny stocks) are meaningless. 50 day moving average, golden cross, cup and handle, candle stick candle wick...
Lots of stuff that I think means less in binary type situations. (here, pharma, etc.)
If something good happens, we'll take off. If we get bad news, we drop. If we move a tick here or there on some minor retail trades... Who cares?
As JK says "selling before one of these events is".... you know the rest. If we all really believe in what's about to happen here, then a price of $0.0032 should be no more meaningful than $0.0028. Should mean that maybe one person saw and bought a couple k worth of shares... Nothing more.
Hope everyone is able to chill and have a good summer!
I'm not suggesting everyone should... Just making a point.
Anyway... Who still writes letters?
If it 100% didn't matter, then you wouldn't see some of the posts you see on a closed stock that doesn't even trade. No one would waste that kind of time... everyone who posts has a vested interest one way or the other.
Influence can be a big thing.. Look at masks. I'm all for them, but if you look at how quickly policy has followed sentiment, you can see how much impact people have. Schools closed 4 months ago because of the virus. Now it's 50x worse and they're going to re-open. All because of sentiment of non-decision makers. Forget the virus, choose any social issue. NFL Team-Washington.. It's not like they were unaware of the 'issue' all these decades. The only thing that has changed is how people feel.
You say we don't matter, I disagree.
If every single shareholder wrote Billy and said to take nothing less than $2 a share and we'd love to see a fight in court... I imagine that would have some impact.
If every single shareholder begged him to settle for whatever he can get, I think that, too, would have an impact.
Billy is going to be elite rich either way... and he may enjoy his work/the fight of a trial... I guarantee you that Rob's family, inventors, and holders of this stock have some influence in his decision making process.
I get it, but what good does it do to "not be able to wait" except to put us in a bad position?
We can't force anyone to settle for a reasonable amount.. and I know even the most ardent "Let's settle" folks have a point which they wouldn't go below. I don't see anyone being ok with less than 5 cents, for instance.
I mean, I get not liking the realities, but I'd rather look at what could be done. Some as a 15 months ago this time when people flipped out on me for not thinking there'd be $ in hand within a year! :)
Anyway... What do you think of Billy taking the company 'public' after the trial? Settlement talks out the window, no financials to speak of... just pay an accountant some money to do all the back filings, get this thing trading again, and then people can realize some of the value here. Does anyone object to that?
A global settlement would be nice. I mean.. don't get me wrong, I'm all for getting rich right away... but I also don't want to project weakness and I'd prefer for the board to not come across as desperate. We know that people from the defendants side keep an eye on things here and if they see everyone willing to settle for peanuts, they might try to use that as leverage on Billy.
We have a strong case.
Once trial starts... I say Billy should go current and get this trading again. That would remove the sting out of no settlement, and give folks an 'out' who don't want to sit around for another 3-4 years waiting to see money.
Thank you sir! Agree that funds would be nice.
My apologies for messing up the streak. I will remedy that shortly ;)
Trial is a hurdle for defendants, not plaintiffs. We have patents and evidence, they do not.
Fair settlement would be nice, but I have no problem going to trial. As many have said, once we win the first, it's on their books.. They may be able to delay and appeal and all that... but they'll still have to disclose and account for the loss.
None of us are getting any younger, but many of us have kids, grandkids, charities, etc. who will benefit from a win.
Besides, I can tell some people think of this board as a second family, and there seems to be a very small part of most of them that doesn't want this to end.
Point being.. yeah, everyone wants to get rich right away and so hope for a settlement is there, sure... but I believe everyone here sees an ironclad airtight case, and has no fear of going to trial and getting this issue out in the open.
We shall see!
I said over a month ago that we should get new auditors. "No, we are too far into the process" was the response.
In retrospect, I do we could have found someone to do it and been done by now.
I'm hopeful for July, but I don't know what conditions have changed for the better.. I know restrictions have gotten more extensive in Utah where these folks are based.
We need a drop dead date (Aug.1) where they will get this done. If not, they will return every single penny we've paid, turn over all work in progress, and we can get it to someone who'll get the job done.
This auditing company took on too much business. They had $$$ signs in their eyes and it got in the way of making good decisions. Forget uplisting, we need upaccountanting if we really want to go places.
Hoping we see something today.. lol
Correct and Noted!!!! :) ;) ;)
Can we add a list on there of the ones who are doing it? I have no idea which ones are the good ones and which are not!
that is so pretty, like a Haiku or something. I assume you did it on purpose?
Nope.. I think Monday night. We'll see
The healthy dose of reality is fine.. While I am more optimistic than you ( I thought DE's picks were good, and I do believe good things are happening) I would be shocked if we uplist this year.
EGold himself said 10-12 cents at the end of the year so he agrees with you too.
DE thinks it will be pretty high, and he's involved, so that's exciting to me, but I'll stay grounded in my true expectations.
I think we see $0.14+ before the end of the year. I don't think we uplist. Either way.. I'm very positive about the future! I got my friend in this and told him I'd buy his whole (6) family dinner if it's not $0.06 or higher on 12-31, so I need at least that much!
I've seen the estimates.. what are some opinions on why the tech here has so much potential, and why is the value so low right now?
Thanks EcoMike!
2-3 months ago you mentioned this one and I bought 100 shares for $0.64 just so it would stay on my watchlist, and I have one share now, so I guess I did pretty good with the return!
I guess I need to read through all the info on the page. It's difficult to value these things, but I'll take a look and may buy some shares if it looks good. Thanks!
was there a 1,000-1 split here?
Both will come sooner than a fsu championship. :) Roll Tide!
My guess on financials is Monday afternoon. We'll see.
Agree.
Billy Carter hasn't said much to shareholders lately, except phone calls with individuals. I think it would be easy enough to do a quick release with something like this.
I wish we were more vocal about this whole thing.. where the bad guys would want to settle just to quiet everything down.
Well, mine is more 'wishful thinking' than opinion. Until it's in writing, either way whatever I think is meaningless.
I've done the math and I like the shares either way... but they're sure a much better value at 550M shares than 1B. :)
Good morning!
You'll get a ton of advice about not worrying about the daily headlines, and I think that's all good.
My best advice: This stock is going to make you a ton of money, but you only need to get rich once... Don't be like these lotto winners who strike it rich and then go bankrupt. This is not a scam, but there are a ton of pennies out there that are... so be excited about finding a good one... but be very careful in the future and don't let the (eventually :)) huge success here get to your head.
Good luck and God Bless!
Yep. I've mentioned on here that I've paid 13x as much as my initial price for these shares than I paid in December before the virus hit.
This is just a case of perfect timing for Goldi and group. Only thing they did 'wrong' here was not taking them up on the full $500,000 :) :) :)
Overall, I'm very positive hearing Goldi talk lately and it leads me to believe that some of these warrants from the last filing are paid off and the share count won't be increasing to a billion. If you look at the warrant # on page one and then the chart that says they can be exercised at any time.. there's really nothing that states that they can be paid off... but from what Goldi has said, I get the sense that this is possible.. and that at this point all of that has been paid off.
Good morning! Sure thing :)
It's actually in the filings.. I read through the 40 pages of the last report (or maybe the one before) and it outlines all the money he's contributed. For example, a lot of the money he's loaned to the company is convertible to shares at a 50% discount... but that's only when the share price hits $0.10, at least in some cases.
I don't recall all the different provisions, but our A/S is 1B and we are at O/S 966M right now, so there's really not room to do anything even if he wanted to... and he's been clear that he has no plans to dilute.
I know it's small, but I think it's telling that they haven't sold up to the 'limit' on OS. 34 million shares would get them about $100,000 if sold onto the market right now. I'm not saying they could sell them all for that price, but they could get something. The fact that they haven't tapped into this means we're not desperate for every last penny.
The thing that attracts me here, aside from CEO's personal commitment, is the low capital commitment that would be needed from us on most of these things. I anticipate that most/all funding would be through bonds, and probably low interest at that. We don't need a lot of toxic funding to get things going.
I agree with you Snow. It wasn't a good deal.
Not Goldi's fault, and obviously Goldi's_group thought it was a great deal for their side or they wouldn't have sunk $250,000 in, …...so I'd guess GOldi probably agrees too, though he/she would not say it, nor would I in his/her position.
Maybe Gary was worried about the image or long term share price, or the ability to sell more than a few million before the market got spooked and it dropped the price below a penny. Late 2019 was rough.
In the end... was this a great decision? Probably not... but Gary shouldn't have the need to do undervalued financing anymore so I think we're good going forward!
Thanks! I knew the answer from filings and then I read prior posts anyway, so sorry for making you say it again :)
I agree that it is 'fair'.. You guys just bought at an amazing time.
I paid $0.005 for shares in December, and didn't plan to add any more. Then the virus happened. I've been buying more since April because I think we're in a much better place now than then, and than when you got in too.
I'm not really worried about the 25 million shares.. I'm worried about the 300-400 million shares that could potentially drop from the last filing. If your C-shares help to pay that debt and keep that massive dilution from happening, then I certainly agree that we owe you thanks rather than complaints!
For the record, I'm sure the company wouldn't sell those C-shares now for a penny.... We know a lot more now than we did then. Just like I know a lot more now and therefore have paid up to 14x as much for the same shares I bought only a few months earlier.
Thanks for being on the board, and congrats on making the right buy at the right time.
what did you guys pay for these things again? Was it a penny a share for 27 million?
Not a bad deal however long you have to hold.
1. Obviously I know I can if I want to. I'm sure he'll give an update when he can. Frankly, I hate the idea that we have to spend money on a PR person.. I'm not going to bother Gary because I'd rather him work on things that affect the bottom line. That said, if there is an interview or something strategic that gets our name out there. I would like to hear him asked that question now.
2. I see your point, but my perspective remains. My numbers may be optimistic.. guilty.
That said much of our cost is fixed. Salary, building, etc. The fluid doesn't cost much to produce. When this interview was done, we had no idea what the Corona Bump would do, nor did he know how many distributors we'd add. I know Gary said $4m sales, but I don't believe $ from distributors, pure profit in some cases, counts as sales. I expect profit in the millions for Q2, and I expect that positive cash flow could be 3.5-5 million more than he anticipated.
Furthermore, the nature of our business has changed. Fluid production focus in Q2 cost much less than the rapid buildout (equipment focus)that Gary as likely thinking we needed the money for.
I totally agree that 1,000 is optimistic, and I don't think that's happening. My point is simply that I believe we have the funding for basic operations and modest buildout now, where we didn't in March. Unless we get a massive order ( like what I mentioned above.. which I don't mean to suggest is happening) funding should be covered, or at the very least, we'll get it on very favorable terms compared to 6 months ago.
I believe Gary did say a long time age that we had the ability to produce 20 units a month or something, but could double down, pay OT and get up to 40-50. That was before the virus came along. Our capacity to produce should be at least as high now, so I have no doubt we could get the 25 done monthly if the orders are there.