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Another non-response from you. It looks like there are few shareholders who post here that actually can talk about the company fundamentals as they exist.
Pretty obvious why.
Is that the best you can do. Can't argue with the message, so just attack the messenger? Address the missing sales and lack of earnings from the Quarterly reports instead.
Tell me, what was the original reason for RSAMMD purchasing TXTM, and why did it all go wrong?
Apparently nothing changes, just the tweets.
Brock, its just another typical non-information tweet from Dr. J to rally The Faithful. Never mind that nonsense. If you want TXTM to fly, tell us about the projected crop harvest dates and anticipated sales. Tell us how the Extraction Enhancement process is being used. Tell us who the primary clients are that are buying our products.
Evidently he can't. The lawyers won't let him (yeah, right). What a bunch of dummies.
In another year, the company will most likely be where it is now with a CE still on it. Only thru released news will that change, but The Faithful do not want to hear news while the CE is on (since the lawyers believe telling us anything is a bad idea, or so the story line goes). What a convoluted mess (both top to bottom). Like a dog chasing its tail.
At the moment wondering how there are so many flippers who believe that Dr. J/ Dylon have done a good job.
You must really be desperate to get your money back to keep deceiving newbies like this.
Its a company that doesn't trade. Since I have no intention of buying more of a failed investment (more often than not, averaging down a loser Pinky is a bad move) with Speedtrader at high fees, I am waiting on a substantial uptick to sell with my current broker. I know that is an extreme long shot, but its better than no shot at all.
As I have told you on several occasions, I am waiting to get a higher PPS before I unload my position (still too far $$$ down). Unfortunately a small specialty firm like Speedtrader who's fee structure caters to high frequency traders is not going to generate the volume to drive this for very long. It will take a decisive management turnaround.
Disappointed shareholders who attempt to change their management's behavior thru public objection is very commonplace amongst failed companies. TXTM certainly qualifies for that distinction, since there are no sales and no earnings in the filings. Apparently any successes that may occur are siphoned off and retained within RSAMMD only.
According to some posters, the lawyers have advised Dr. J not to communicate with the shareholders while the CE is on. Seems like a lame excuse, most likely nothing has occurred from a business standpoint which would directly effect TXTM.
I checked out the Speedtrade website. Its basically for large volume/high frequency traders only. The fees that most smaller penny stock types typically are willing to pay makes it prohibitive to use, since the costs are on a graduated scale geared toward very active traders only. Check it out for yourselves.
It doesn't surprise me that some of the investors on this board are keeping this info from people.
https://speedtrader.com/fund-your-account/
You lost me. What are the requirements for opening and keeping an individual account active on Speedtrader?
No crew, no minions. Instead of looking at the the obvious downside to TXTM management, you've decided on ridiculing the messenger rather than looking objectively at the message. Amateur flippers way out. I still have a bunch of unwanted shares looking for a good exit point- unfortunately one that will not be provided by a small group of flippers paying $100 per trade.
By the way, that company has always made a market for CE stocks, including TXTM. No one was foolish enough to assume this is the answer to TXTM's problems. Until now.
Yes, the only silver lining to this. Unfortunate, the stock has fallen so much in value it will take more than flippers to get it where it needs to be.
speedtrader.com.
Its incredible how naive you are to assume TXTM is on an upward trajectory after one afternoon of trading based on a flipping troubled stocks at inflated fees.
It will always be a less-than-serious flipper's toy with that logic. Assuming of course there is a sufficient number of people willing to open up accounts at a company who specializes in CE troubled stocks.
I guess the shares traded at the end of a typical trading day once the euphoria dies down will be our answer.
Unfortunately it is a rip off. For every million shares you have to pay a .0001 + $4.95 fee. So a million shares cost $104.95 in fees plus the cost of the shares. A sucker's trade, but you know what they say, there's one born every minute.
As I have said before, there won't be any lawsuit simply because Dr. J/ Dylon's sordid Discord dealings with the shareholders and lack of transparency will be brought to light front and center. It's that simply.
Let the imaginary lawsuit play itself out so as to end the pointless debate. I'll wait.
Your revisionist history is amusing, but evidently the OTC isn't laughing. Looking forward to the imaginary lawsuit.
Actually it might not be a bad idea for RSAMMD/ Dr J to sue the OTC. We will finally find out the sordid details behind the CE that Dr J has refused to tell us up to now.
Translation: Never in a million years will He take the OTC to court.
Parabolic, you said: "IF the OTCM applied or exaggerated the CE beyond reason there will be sufficient evidence exposed, and they will be held accountable". That is a Big IF. The OTC doesn't just willy nilly make claims of that nature. But you evidently do.
The proof is in the pudding. Dr. J has not informed the TXTM shareholders of any crop harvests actually sold, and no proceeds have been transferred to TXTM as promised by Dylon. This is not a claim, it is a fact. One more thing, an unsigned anonymous letter that turns up on Twitter is not proof of anything- do better.
As such, the CE has been on for over One Year now, with no sign of it ending.
Hannaj, it should be apparent that the OTC has informed TXTM of the reasons for the CE, and it is up to Dr J and his team to reply to the OTC's concerns. The fact that the CE has not been lifted should tell you that TXTM has not cleared up its violation of the rules the OTC has for illegal promotion. It should be apparent that the crop harvest sales (the so-called largest in history) fall thru, along with the promised $$$ transfers to TXTM, thus the CE will remain on.
It is Dr. J's responsibility to inform the shareholders of all pertinent reasons & events regarding the CE and (lack of) progress, not the OTC.
The relation that RSAMMD has with TXTM is a complete mess. We know what the original purpose of TXTM was supposed to be: usage of its enhanced extraction technology. Unfortunately, it is not patented; anyone can use it- except TXTM apparently. There is no mention of it being used in any of the so-called crop harvests (you know, the ones that Dr. J refuses to acknowledge have occurred). None of their so-called sales have been transferred to TXTM as promised.
Why would anyone be naive enough to assume that the PPS of TXTM will stabilize at a higher price the second the CE is lifted (which by the way, there is no indication it will be). There are no fundamentals to support your thesis. Oh, that's right- Dr J is holding back all company business dealings from TXTM shareholders till after the CE is lifted (insert laughter emoji).
Just how desperate are you people to get your money back that you would use that rationale on the uninformed newbies?
I don't see how anyone can feel comfortable with the turn of events and silence over the last year. Literally every person who got in early right after RSAMMD purchased TXTM has lost money. Even DaVinci should be unhappy with losing over +96% of the profit he once had (although he got in so early he still is probably up slightly).
Every single bit of Happy Talk and Good News Dr. J manages to post on X has No Direct Financial Tie back to TXTM. None. I believe the day will come when Dr. J is forced to inform the shareholders that the effort to continue TXTM is going to be terminated (and blame it on the OTC for not lifting the CE). Then he will focus on upgrading to the South African Exchange. How TXTM shareholders will be compensated in the transition remains to be seen, but no one will be happy.
Only a fool plays himself with a bad position. There is a time to admit when you are wrong.
Given the existing set of circumstances we are in, of course I am bearish. If that changes with management actually sharing current information on crop cycle sales and extraction technology usage, then I would be more optimistic.
It should be obvious to anyone that is not going to happen until there actually is news, and there has been no accomplishments to date in those areas.
No, it just seems like that. I have been bearish since the CE was put on us over a year ago. Before that, I was looking forward to sales and expansion just like the rest of you. I posted elsewhere back in the few early optimistic months we had.
I'm simply a shareholder who's stuck with a stock that has non-transparent management who saddled us with a CE. If this actually becomes tradeable again, I will see what constitutes a good exit point and take it.
It's changed from a "don't you want to know" company to one that never tells us anything that we actually need to know.
At this point the vast majority of our investments are gone (-96% from high). Since there isn't much to recover; might as well sit it out and hope for a CE removal. Its a long shot, but still better than no shot at all.
Everyone here did their initial DD based on assumptions that proved to be wrong. When the facts change and they no longer support your thesis, its time to admit you were wrong. That's what I did. I am, as you are, a bag holder forced to wait for a good exit point if one comes along.
In the meantime, shareholders should demand that TXTM management level with them regarding actual crop sale proceeds. What happened to them? I say there never were any to begin with. Can any of you prove me wrong? If not, its's time to wait for a good exit point with me.
Art67, you are wasting your time trying to reason with Parabolic. Just let the continuation of the CE and .0007 do your talking for you.
The CE is in the Public's best interest, as a caution/warning to prevent those from putting new money into TXTM.
A no-reply management is not in the shareholder's best interest. It is shielding management from completing early promises that it cannot deliver on.
If RSAMMD does not want to add any $$$ crop sales to TXTM, then why did they add the $15M seed donation?
At the very least, they should tell TXTM shareholders when a crop harvest is sold, who the buyers were, and what it was sold for. THEN inform us that the proceeds are held in escrow till the CE is lifted and can transfer the sales to us as originally discussed.
I have told you many times; I am a disappointed shareholder who has seen my investment go to near zero over the last year. The PPS is at the point where simply holding on and waiting for the CE to be lifted is my best option.
In the meantime, I expect TXTM to be more forthcoming with news. Did you see on X where Dr. J is taking selfies of himself with a new crop planting. Good- now someone follow the progress of this latest crop cycle to harvest, and find out who has purchased it. Maybe then we can understand the money trail that never gets back to TXTM.
Still waiting for a reply regarding the "transparent" TXTM management. If you really believe they are, you should be able to answer these questions very easily:
- What happened to the prior crop sales and earnings from same?
- Name current clients for RSAMMD/TXTM services/products?
- Does TXTM have any active services/products?
- CE reasons and replies from management to the OTC?
I don't suppose I will be hearing anything from you on this; just more delusional nonsense.
Pure delusional. If Dr. J has been completely transparent with TXTM shareholders, then you can tell me what happened to the "Largest crop sale in history" whose proceeds were supposed to be deposited with TXTM.
We are all looking forward to finding out from you soon.
This again. Repeat after me:
There are no paid bashers for a Trip Pinky that can't trade. The negative posts are from shareholders who do not like the way TXTM has been run into the ground by a management w/ complete lack of transparency.
They want something done in the way of releasing current business related news which should be affecting TXTM.
- Prior crop sales and earnings from same
- Current clients for RSAMMD/TXTM services/products
- CE reasons and replies
As a start this would go a long way.