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the PR says 250k authorized for the first two weeks of November. that's 15 million for TWO weeks, or 7.5mil per week. Double your number of weeks.
yup. at that rate, they'll be buying back into next year
gonna take a loooooooong time if they only buy back 125k worth a week
what's the worst case scenerio here? I probably should have done more DD before buying in, but after sitting on the bid for so long and not getting anyone to jump over to my side I figured this was really tightly held and decided to give it a go.
I've looked at past posts from some people on this board, and the same thing has been said for months... "hold, this will explode". What's the longest anyone's seen these shell companies sit around for before they are picked up?
thank you for your reply, and let's go POPT! lol
i've sat on the bid all day with my .0010 offer, never went through.
....that's my 1.1 at .0011
it's quite simple, we're all being spoon fed lies. no one can deny this, don't bother trying.
how is that possible?
they can, but why would they? I'm not looking for a conspiracy. Hell, I'd be happy if none of these concerns were on my mind. There will always be a way to explain what you are seeing in a way that would make it positive. Start asking yourself what makes the most sense, and not just "how could this be possible and still benefit me"
i'm not accusing anyone here of lying, I know there are many here who are doing their best to provide accurate information surrounding this company, and for that I am thankful.
I was referencing the information that has been dug up by people on this board which is directly contradictory to the information that we have read in press releases.
i agree with you, those people are stupid. my PERSONAL concern is the lying. Without trust, you have nothing but blind faith. That's the underlying issue here. I couldn't care less about how the PPS fluctuates for tenths of a penny.
well I guess we have a bit of a problem here. It's simple enough to find out how many shares DBAB purchases day over day.
does dean think we're stupid? we're still here, so maybe we are.
the PR says they're using DBAB. what now then?
either the PR is lying because he isn't buying them through DBAB, or the PR is lying because he isn't buying them at all. (observation IMO)
Hey Dean let me ask you something:
would you buy? Who cares if the O/S isn't increasing "for a day or two", we know that it will after that. Why buy on a green day when it's just going to be red afterwards.
sounds dumb to me
considering we know that the O/S is (or has been) increasing, I'd rather see low volume. call me crazy, but we can't predict the future so at least if the present has low volume we know the O/S increase is low
he won't do that though. this is a perfect cover-up. to all of you people who were arguing that "it's illegal for a company to do a buyback while simultaneously dilluting".... well maybe here's your answer.
it isn't illegal to dilute while the CEO buys. and since he's doing it through the same MM, how can we tell who the shares are specifically being purchased for?
some serious manipulation going on here, for whatever it's worth. I tried to sell my remaining shares just below the ask a few times....never showed up. Then i tried selling at the bid on 3 separate occasions, only to see the bid suddenly drop instantly each time despite there not being any sales.
So then i put in a sell at .08, the trade goes through and the bid is instantly .082 with ask of .088.
very strange indeed
From a charting perspective, this thing looks great. a consolidating and tightening pennant readily bouncing off of .09 again and again. I planned on selling all I had here today, but kept half because I'm optimistic.
you're kidding right now, right? The share price was dying over the past month because we were supposedly seeing a buyback while the O/S was increasing day over day and people were unsure of their investment.
Who has been selling for the last half hour? Don't say it is just flippers. This thing was pumped, and then dumped on. I'm angry right now. I understand that we're up 36% but it is clear that the trend of O/S increases hasn't ceased.
i'm long here too, but considering the past few days with high volume, I wouldn't be surprised
and it sure does suck, doesn't it? I half expected this and thought about selling in the mid .02's to buy back lower, but didn't pull the trigger.
oh well.
no one wants to admit it but i'll say it, there is more shares flooding out today. we all see it.
hopefully not selling more shares and increasing the O/S.....
that would really tick me off.
very impressed with the knowledge you chartists have, I wish I could sit and watch L2 all day.... damned day job!
when you say 500k, you mean 500k shares, right? ;)
if they pay out in full and then move to the next level, and you doubt that ANY tier will get paid in full, then why are you here? we're 4th in line.
OS isn't the only thing that makes up a share price.....
do a little reading
the same people who are flipping them for 10-15% or a little more profit minutes later. never owned this, but that PR says the shares are worthless. enjoy the bounce you just got of .021, and sell while you still can. tough loss to take though :-\
first post on this board, and first stock i've bought from it.
in at .0025, looking good thanks for this one!
because they bought two planes? lol
not sure how much I like that article
that's a valid answer that does make sense as a possibility GEO, thank you.
Why wouldn't part of the bridge loan be used for the purchase of these airplanes? 15Mil is way more than is needed to buy 20% of the O/S, that leaves money left over, the remnants of which provides perfect capital for their purchase.
If DBAB is the MM who is buying back shares for the company, why are they making buys within the last half hour of open trading time?
I hate to say it, but there are more and more red flags here. Can someone clear these two up for me?
thank you friendly. appreciate the honesty. I used to consider myself to be one of those "strong hands", but the longer this goes on without the real news, the shakier I become. the confidence of certain people on this board helps.
one thing that bothers me is that the only things they seem to be "buying" are related to the flight school. there isn't anything concrete on these acquisitions....i hope they are real, and not just hyping up share price temporarily so they can buy new equipment for the flight school....to then have the acquisitions "fall apart". just a concern, imo.
Is Dean aware of the consequences surrounding actions like this? Saying one thing while doing the exact opposite, isn't that a form of fraud?
I think we've all learned a very expensive lesson over these last 3 weeks.... I hope that no one overinvested here. I'm put a third of my portfolio in this and am taking a huge hit by holding, but this is my first year investing and I was doing very well so decided to take a chance.
may we all luck out with this one.... and much luck appears to be needed.
yup, pretty disgusting.
i'd pay a lot of money to spend a few minutes in front of Dean right now.
and say hello to the flippers???
yay, that helps...
that's what happens when you lie to shareholders.
I don't know what to do with this thing anymore, hopefully things don't get out of hand.
Short of announcing the acquisitions, everything that comes from the company is a lie as far as I'm concerned.... and I might not even believe the acquisitions when they announce them either.
Where'd all the optimists go?
you mentioned my 692! i feel like a small-time celebrity, lol.
go ARTI!!!!