is...retired
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So you think a delinquent stinky pinkie will suddenly be valued at $80 X 12,000,000,000, or over 3 TRILLION dollars? Might want to get that old calculator out and work backwards. Even at ONE dollar, it would be a 12 Billion valuation, bigger than many nasdaq and NYSE companies.
Dream on...
The filings are out of HPIL's hands at this point. The filings will be posted when approved by Finra/SEC. SB has nothing to do with it at this point, except to call them from time to time.
SB never promised anything - thousands of companies that are delinquent are trying to get current, as well as the filings from all the companies that are not delinquent - I assume they are priority if not delinquent.
Those dividend shares are not registered and are restricted. It will cost you time and money to get them registered and freed. Contact the TA for forms. I think it costs around $500. So much for 'free' shares from NSAV...
I'm going to wait until the share price is 'up there' before I bother. I have 500K of those shares.
My 401K was $59K in 2008, when I was laid off, never to find work again. I converted it to an IRA at Etrade. It's now worth north of $2.7M. And no taxes until I withdraw cash. This year it looks like I'll have to take about $135K, IF it doesn't appreciate any more. The taxes will simply be the same as wages - no capital gains, etc.
Went to a family picnic in a nearby park, and found myself up over $500K at close. Way to end a Friday. (And my partner is up $250K, so $750K for us today...)
Even so, it is not at a selling point yet, but it's getting close.
I think it was TG Private Equity. They were first, and they provide liquidity. If they bought up billions of shares in trips, they have already accomplished their profit, and the whole point of this company, which we own 50% of, was to fund growth. They also own 500M preferred shares.
From Feb:
“TG Private Equity Inc. a major Hong Kong private equity firm which will help the Company complete its mission to up list its shares to the premium OTCQB tier the QTCQX.”
That is silly. They will be working the ones that filed the earliest, and so on.
Filings for public companies are sequential. Each one contains what the previous one had, plus new stuff. You can't skip any of them, so there are either 20 to process, or the Filing to stop reporting may have an affect. I don't think so, but it was filed for some reason.
There are thousands of companies that aren't current. It isn't just one. There is a TON of work to get them all current, that want to be current.
Nobody is shorting this stock. It would not make financial sense in the first place, to short a stock that is about to take off. Shorting is BETTING that the price will decrease.
You can't short this stock anyway - your brokerage won't permit it. And, you'd have to put up $2.50 PER SHARE that you wanted to short, so to short 1 million shares, you'd have to put up $2.5 million in your margin account, and then PRAY the stock doesn't go up. Frankly, I have better things to do with my cash than put it into a margin account so I can make a couple hundred dollars IF and ONLY IF the stock drops. But again, some people believe anything, even if it makes complete nonsense.
Not quite right...the AS is changed by the company itself, in its articles of incorporation. It has been reduced, officially. OTCM only gets updated when HPIL updates it, and they are likely waiting for all the filings to become current instead of updating the reported AS.
Don't rely on OTCM to display correct information. It is only updated when the company updates it. To see the correct AS, look at the SOS for the company, which is the ONLY official numbers.
Nite has nothing to do with it, nor does any other MM.
Each MM has a spread. If you do a sell order within their bid, they HAVE to buy them. If you do a buy order within their offer, they HAVE to sell them to you. THAT IS IT.
The money made by MM's is the difference between what they buy them for (the bid) and what they sell them for (the offer).
It makes no difference at all whether the share price is increasing or decreasing. They get their spread on both ends. They aren't traders, and don't give a whit what the share price is doing. The ONLY thing an MM doesn't care for is when no one is buying or selling - then THEY must buy/sell AMONG THEMSELVES. That is why they are called 'market makers'...they keep the market from going stagnant. They literally 'make a market' in companies that are not otherwise trading.
All these walls everyone talks about? Those are shareholders. They can put out a sell order for, say, 50M shares at a limit, and the share price will NOT exceed that point until/unless that order is filled. Yes, your friendly shareholders that have hundreds of millions of shares bought in trips control the price. Hell, I can do it in companies in which I have over 100M trips.
When you see the share price dropping, it is because some idiot is selling at market. At market tells the MM that they will accept anything for their shares. Immediately, the spread is adjusted down and the price starts dropping because the seller is getting less and less money in each tranch.
So, yes, there is manipulation, but it's not by MM's who don't care what a company's share price is. It is shareholders that are controlling the price by their large buy/sell orders. If MM's read this message board, they would crack up - everyone blames everything but the one thing that is happening - whales doing their thing.
The filings with Finra do not get uploaded to OTCMarkets until Finra.SEC accepts them. THEN they are uploaded to OCTM. THEN, ORCM will lift the stop. Can't get the cart in front of the horse here. The ball in in Finra/SEC's court for now until they are ALL approved.
Apparently you didn't read it. That nuclear waste IS an energy source. As I understand it, it is the waste radiated carbon that is used, and the radiation from it lasts thousands of years. It is highly compressed into diamond form. I realize you are being facetious, but it is at least feasible, and doesn't violate physical laws.
It is not a perpetual energy scheme, but it does last thousands of years, which should be enough for the average driver.
About the noteholders. They don't want stock, their business is lending money. As soon as a note converts to stock, the noteholders ALWAYS immediately dump it on the market, so they don't LOSE money by waiting. At that point, supply exceeds demand, and the price drops. It ALWAYS happens that way, and they know it.
So when you see the market going down, as it is now, and we KNOW a note has converted, then you also know there is more supply than demand, and in order for the noteholder to liquidate, they will take less and less for their shares. That is why the noteholder terms are so good - they get the shares well below market, and sell at market, and end up with their original cash back plus some profit, while we sit here and lose money.
The problem is that noteholders don't give a shit about the stock, and companies that use convertible notes to do business nearly always convert their notes, because they don't make enough money to keep the doors open - thus borrowing, and they generally can't pay the notes off except by converting to shares.
We are told there are no notes left, so that's good. But if HPIL can't keep the doors open without a cash infusion, another note could be in the future. Some of these plays must start paying off, just to stay in business. I know the CEO has deep pockets, but even he can only infuse money into the company by 'loaning' it officially.
Read this:
Nuclear Battery
This is called a 'microreactor'. Imagine it scaled down a few hundred more percent to power a vehicle. Or even better, sized to power homes. Imagine no need for power lines to homes.
Then, there is this from nuclear waste:
Nuclear Waste Battery
This may be more feasible in the near future.
Lastly, an EV that burns gas/diesel/propane or whatever whose ONLY job is to run an alternator to charge batteries.
That is feasible now.
But as can be seen, these are all energy sources, which is the only way a battery can 'recharge itself'. It can't recharge from energy it has already used.
She's pretty happy. She was living only on her SS before we met, and had a small IRA and a few other stocks. Now she's worth well over $1M and everything is paid off. "She ain't goin nowhere"!
I bought my partner 100M at .0002...she's set for life now. Still has 40M left.
Has a new car, all bills paid off, and about $5k in dividends coming in per month. Her SS is less then $2K, so she's all set.
If you buy/sell at a limit, MM's will fill what they can, based on their spread. They can CHANGE their spread at any time, but they must do all business within their posted spread.
I don't claim to know why they filled that way, but I can see them, and they are ALL identical - 99,000 each. My real point is that when looking at L2, you are seeing tranches, not full orders.
What I have constantly said is that there has to be an energy source. I have also said they have not disclosed what the energy source is. I even said there is a possible energy source using nuclear waste, which actually IS a possible energy source that could keep a battery charged for hundreds or thousands of years.
Again, all I have said is that there has to be a separate energy source to charge the batteries, because you can't put back what has already been used to move a car.
No, I didn't get them at that price, that's what they dropped to after I had them. We can't buy at 5 decimals, but that's exactly what MM's do, and it's where their spread operates. The published spread is what we can buy/sell at, but you'll never see a 5 decimal ask/bid.
For those wondering about those 99,000 orders...
I bought a few million HPIL today at a limit. I get them in 13 sets of 99,000. One order, 13 fills. L2 can't 'see' my order, because it was not AON. All L2 sees is the individual tranches, no matter how many it takes to fill an order. If you watch long enough, you'll see an 'order' for 1 share, which I actually got in an order long ago. 999,999 and 1. L2 would show both of those, but not the million I ordered.
No, that is not possible, if the batteries moved the car in the first place. Energy is lost in every process, including recharging. The lost energy cannot be replaced unless you have another energy source. Now, if a car has regenerative charging, and is coasting downhill, 'some' energy could be extracted from the kinetic energy of the car, but that's from gravity, which in that case is the primary energy source.
Not on the level or uphill.
None of these schemes any of you dream up will work, it goes against the laws of physics. You are all talking about a perpetual energy machine, which is simply not possible.
As I have said before, we have not been told what the primary energy source is, and at least I know there has to be one, so all these guesses are meaningless, and NONE of them can possibly be correct.
You can't charge a battery with the energy taken out of it, and you can't put the light back into a flashlight.
Some things are simply impossible.
You can't possibly be serious...batteries run down, period. You can't recharge them with the energy you take out of them. Jesus!!
You are right. There is no free lunch. The battery is not a primary source of energy, it is a storage device from energy provided by another source. So there has to be an external source of energy of some kind. Once the car is started, is is using battery power with losses, and there is absolutely NO WAY to recover the losses to heat, friction, etc.
They simply haven't explained what the primary source of energy is yet.
It is NOT energy that started in the battery, then was somehow pumped back into the battery, after having provided the energy to move the car.
That's right. I only sell when it's rising, because that shows there is more demand than supply. I provide some supply at a limit, which is higher than the current price. Then I sit back and wait. Eventually, it sells. I use those proceeds to buy dividend stocks, like SLVO. I'm set for at least $8K per month cash JUST from those dividends. ALL of the money came from selling bits of NSAV over the last few months. A mil at $.05 is $50K...Eventually, I'll get my NSAV down to about 25M and let those ride.
All of my NSAV shares were bought in trips.
In Etrade, it shows my NSAV is up 4389.85%...
My next sell will probably be at $.04...
With 6 billion shares out, there could be 6000 with a million shares. I still have 100 mil from 4 years ago...now worth about $3M...talk about patience...
There are NO institutional investors in the pink sheets. They are institutional because they hold actual investor's money and buy and sell to appreciate their capital. NONE of them would put shareholder's money into stinky pinkies - they are far too volatile to take chances with other people's money. It is for people that don't want to do their own trading, but they want their capital to increase over time. They'll be in NASDAQ or NYSE, but not penny stocks.
No one is purchasing 99k at a time. L2 just shows all the partial trades. 99K means the MM's bought that many to fill an order at a given price - the lowest price they could at that time. A million share purchase could have 10 of those in it. You don't see whole orders unless the buyer/seller is AON - all or none. All those other numbers are meaningless to traders, it is simply the action of MM's trying to make as much profit as they can. They buy at the lowest price as many as they can, then up a click for the next, etc.
All action must be within their spread, but each MM has its own spread, and they can all be performing on the same sale at the same time until the order is filled.
If your shares are up for sale, the MM's can borrow them. They can't touch shares that are not up for sale. They don't HAVE to buy them, they borrow them and replace them.
No the companies that don't comply don't disappear, but they will be moved to the gray market or expert (mm) market. We won't be able to buy or sell them. I assume once that has happened to a company they can get reinstated in the pink market if they get current.
The last filing was in 2016. Each quarter and annual must be provided, as the SEC requires none to be missing, and they are sequential. 5 years X 4 per year = about 20 separate filings.
I'm not bashing anything. Simply pointing out the timeline. It is up to everyone to decide what to do until the company is brought current. I currently have 7 million shares, not buying more, not selling yet.
It isn't just TDA - I got my notice from etrade at least a month ago. This isn't anything to do with brokers - it is a new SEC law that all the brokers must abide by.
Essentially, the law says that the stock of delinquent companies cannot be purchased until the company is current. And, if it can't be purchased, exactly how do you think you can sell it? You can't, because no one can buy it. It won't even be on the pink market any more.
Here is everything you need to know about the new rule changes:
SEC Rule Changes
As can be seen, these are the key dates:
June 30, 2021 – Deadline for issuers to provide required disclosures. HPIL met that deadline.
September 28, 2021 – Rules compliance date. Disclosure failure will result in removal from Pink Market. (And that means you can't trade it.)
No. Q's are due within 45 days, A's within 90.
You don't have any idea what you're talking about. No one is shorting this stock except MM's, which is the normal method of trading. Nothing special here...
Normally, it is 45 days after end of Q, 90 days after end of year. So, if there is a change because of Covid, it could be different. Standard rules are 45 and 90 for q's and A's.
If they were, there would have been much trumpeting by JT...so, no.
Fins are due by July 15, but probably won't be on time. I'd estimate July 22.