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I believe you are probably right. Hopefully once the noise settles and they stop or slow the dumping this goes up. GLTY
Picking up a pile down here. Hope it pays off...This should bounce nicely.
What are your thoughts? I would think we should be close to bottom?
Pretty quiet here today!
Feels like this wants to start moving up.
Well we know they have no cash per the last q. I was kinkof hoping with all of the diluting they might be getting closer to shutting of the taps.
Any idea how much of the debt could be left? They started really heavily dumping at .0005. Appreciate your thoughts on this.
Question is going to be once they raise enough cash to satisfy the current purchase obligation will they look at building shareholder value or take the easy road and do a quick RS?
Would be nice to see this go up. I think based on the amount of shares people have been buying down here any significant movement will make people very, very happy. GLTY
WOW! I was going to comment on how I have had an order in for 5 Million 1's for a while and ask if anyone was getting them. I just noticed we are now at 500 Million and the last 300 Million+/- have all been 1's. Got filled:)
That is what I am hoping for. I got in high and have continuously averaged down. Boat is loaded! GLTY
Agreed but, also often used by traders to try and get things going. See this all the time on other boards and nothing happens. I remain hopefull!
Love someones tenacity with all the 911 trades...
Why will people buy 2's when they keep dumping 1's? Be nice to get this thing going....
Over 200 Million in sells in last hour!
Big dumping end of day. Really hope can bounce but starting to doubt it.
Looks like many may have moved on. Be nice to see PPS try to hold 3's...
That's allota 5's!
39 Million shares in the first half hour. Now that is going to get noticed.
339,445,886 shares traded thus far and back to .001. Be nice to see this close over .0013.
Tons of interest, raise your sell prices and this will climb.
Wow, just keeps going lower and lower and lower. Hope it bottoms out at some point.
Looking for some nice increases here over the next few weeks.
If you look at the volume since the 10k there is still 130-140 million shares to convert. If Shaun's mother dumps this will be. 0003-.0004 at best. I started buying at. 0023 and averaged down each drop. Sorry to say lost patience and started dumping today. IMO not how a CEO should be treating shareholders. GLTA
Not that I think that will have a big impact at this point but, it would be nice to see him follow through on some of his promises.
Thanks Shawn!!
Completely agree. I think I am more concerned though as to how he paid for this latest acquisition. If they are doing $400,000 of profitable revenues per year and he uses additional convertible debt that could be a very large number of shares. I bought in starting at .0023 and keep averaging down but, there is a point where I would like to see this going back up. Still believe there is opportunity here. GLTA
I really hope Shaun looks at other funding models for any future acquisitions. Convertible debt is killing us and he still has 125-130 Million to go from the 10K.
In reading the 10K it doesn't look to me like they have the cash on hand to buy a company that is doing $400K of profitable revenues per year... There are lots of different ways to finance an acquisition, I just hope they do not use the same type of dilutive financing. All my opinions only...
Until the convertible debt from the last 10K is done this will continue to hover. Hopefully, if Shaun does not use this type of dilutive financing for the new acquisitions once the shares have been converted this will go up quickly. If he paid for this new acquisition with the same type of financing this will take a while. All my opinion of course. GLTA
Thank you.
Help Please: 10K states $146,749 still payable in convertible notes as of May 28, 2013. At .001 that means 146 Million shares to be converted but, they also state on page 23 that the amount is subject to a premium of 50% more shares based on this share price. There have only been 46-47 Million shares traded since this date. If you add a 50% premium to the convertible debt this means there are still over 150 Million shares to be converted. As the SP goes down the number of convertible shares goes up. Am I reading this correctly??
Many thanks.
Time to BUY!
Awesome! Thank you for sharing!
Completely agree
Nope, but at least someone is buying those cheapies:/
once the loading is done at .0011 and .0012 this will move up. Let's go Shaun...
I was in at .0023, .0019, .0017 and today .....
Nice 1.9 Million bid at .0012.
I assume they were just trades from the day that never got posted?
I guess I will average down again today bit, will admit it would be nice to see this start going back up to at least .002.
GLTA
Two t trades today. Nice paint attempt at. 0019 followed by 1.7 million at. 0011. Let's go Shaun...