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dilution only happens if the stock price stays the same or drops. the anticipated value will be much higher and so will the market cap.
thats not what i said at all. michaels is going to bring equity money into iwdm to purchase a company with their own technology that is not public and has revenue of over 20 million.
You make sense in most of your comments, however when Michaels comes in and accquires another company with equity cash that has 20 million in income already and has technology then you can see real value. What I would ask you to do is sit back and watch and when it does occur, please tell me I was correct.
Justin let me help you if I may. Rasta is talking about how you value a company when its fully operating in substance. Have you ever seen a company go public and open at $2.00 with no income?? Of course it happens all the time because of a large investor stepping in to make a market and capitalize the company. The new iwdm is just that. You can only look back at the financials as an opportunity for net operating loss going forward to save on taxes. When Michaels comes aboard and I know he is, if not by weeks end, for sure early next week, he will bring in a venture partner that will eat up all the stock down here all the way to .70 and then do a 3 for 1 reverse and get on the big boards. This stock has the potential in 1-2 years to be a $5.00 stock. Michaels and his staff all know this. They are going to be pioneers in this industry.
you never do a reverse split down here you hire a marketing firm to bring new buyers, hint hint, get it up to say 0.80 and then do a reverse so you can qualify for a big board.
you are short sighted, can't see the forrest beyond the trees.
this product ain't going anywhere and with the new technology being acquired and additonal revenue being acquired it will only add to the equation.
you welcome, now we Michaels and gang 2-3 days
as of last night it was all a go. you can rest assure this is going to happen
after the filings so should be monday after fridays filings. deal is done and agreed too, just needs to be executed
you don't get on otcbb just like that. you have to file a form with the sec and they have to approve it. it usually takes 2-3 months. one of the conditions is to have all financials in order, hence the filings on friday.
Well guys all you that know me realize I don't pump the stock, just give good information. Just spoke with Tampa and by Friday they will be filing 5 years of financials and be fully reporting. Additonally they will be filing and announcing a move to otcbb. This is all Michaels has been waiting on. Once the filing is complete, he is aboard.
your welcome to all. what i was told is short term 2-3 weeks michaels see's this stock running to .75----$1.00 and long term, 1-2 years $3.00--$5.00, to me that sounds legitimate and is the right way to do things. but you can rest assure and this is an assumption, he will have support to get all the day traders out of the equation.
pretty much done talking about who is going to step down
tracker i was with a board member yesterday and they are hoping to announce michaels and company by this friday and new board members coming aboard and old ones exiting
maybe he was assiting in closing the deal with Michaels
I don't do rumors on;y conversation with a higher up. Putting his name out there would be wrong, don't you think??
hey guys spoke with some higher ups this morning and all the rumors are true. taking a little longer than expected but when it happens it will be huge. a complete new and BIG professional team is coming in to run this company and get us fuuly reporting by summer. financials will be completed no later than next friday at which point the new team will be announced and put into play. this is a homerun, just hang on for a minute.
tracker i am hearing the same thing, release as early as tomorrow through tuesday. been lied to before but here lately all i am hearing has come to fruition, bad, good and indifferent, right down to not hiring spartan. what these yo yo's don't understand is if wall street comes in, they will buy all the stock down here, knowing where they are going to take it and these amount of dollars is insignificant to them.
he is tracker bringing a cto and as for spartan they are out but wall street is in.
since when does revenue not drive share price DA???? You guys don't know anything about Public companies, you're just a bunch of 9-5 BEER DRINKERS.
you make it with shares for a company that is making revenue and then it wouldn't dilute anyone since share price is driven by revenue
Hey Tracker, Gulf did get some news that as early as next week the announcement about Randy Michaels and team is imminent. Additionally Michaels is set and ready to make an acquistion which would help Radioio tremendously. He is saying 1.50-2.00 within 120 days and 3.00-5.00 in 18 months. Lets keep our fingers crossed.
oh its real randy michaels and his people are here to stay, should be announced shortly
tracker i was told last night the mother ship has landed and one of my friends is going to be super rich.
thats really exciting hope we're both right
Tracker all I can tell you is the bases are loaded in the bottom of the ninth with no out and ruth and gehrig are hitting next
Hearing an investment banking firm as agreed to sign up with iwdm. Additionally they have acquired rights to a technology that would allow them to make double the income on their subscribers. It what I have for now. What about you Tracker????
Bob that was well said.
very close to locking him up, few dollars stand in the way.
tracker i agree. i am hearing huge things both from a numbers stanpoint and employment possibilities. audit will be complete in 30 days
As said I two weeks ago, things are eerily quiet. I spoke with Mr. Edwards and all he said were big things are coming and we are poised, thats it. As for Stanton visiting me, he did on a totally unrelated matter. All he said was that he was disappointed in the last release. I did tell him about the Spartan scenario and he was going to investigate. As for being quiet, I really am just tired of this mess, we should be at $2.00 by now.
naw tracker started a new job and been really busy. nothing mr edwards says to me is like that, think he knows me better than that, i can take care of myself. don't really know much since i haven't spoke with anyone, but do know this stock is under priced. can't figure out whats going on.
They can't play games and short the stock for a few cents pofit. Everything becomes transparent and the big boys who have real people for the long haul will crush these MM'S
Charlie calm down, I think they are close to turning the corner, we will know more today.
I spoke with somone in Tampa yesterday and went over both proposals. He said they would call my guy and make an appointment to listen, however my guy has only called from Spartan to tell me he hasn't heard anything, don't know what else to say.
I know for sure the auditors were hired to complete the process of getting the financials in order to make the jump to the big board. In addition the guys at Spartan have a SEC lawyer waiting in the wings to do the S1 and an equity line of credit in place.Tomorrow paying customers will be aboard and a new revenue stream will become available. Buy today and hold, this baby is fixing to take off.
Just spoke with Tampa and got some news that next week a couple major events are taking place. Don't know what they are, but my guess is, the release of the new numbers from Bubba and the possibility of an investment banking firm coming aboard.
Think it was a loan, but I haven't heard from Alex in 10 days now, so I really can't answer. The folks at Spartan are less than happy
Don't think the meeting was with Spartan. I know they raised short term capital for the time being from insiders and they are trying to better their position on terms