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Why the collapse in share price? Today's collapse is nearly identical with that of BCL!. With CBAY, there is no news, nor is there any filing news ---negative.
Why is everyone so down on this now. I did not think the news was bad ...
You Know, if EGYH would deliver on just one of their well trumpeted Projects This would defiantly take off.
Being that I've been following this for quite a long time, I still would like to have a satisfactory answer as to why in the world they would want to go slumming down in Curt Kramer's Toxic Asher Enterprise ... aka VIS VIRES GROUP, INC.?
Sterling said it's not that much ... & I agree. But, what does that tell us about their ability to borrow 'normally', & why?
Before that ... Huge dilution. HUGE. Still good SS, but who now wants to risk it? No delivery on any promises. I have 2 orders totaling ~1milly shares for around .0045(might raise it), but I think I'll get it.
Do these guys know just how much they can poison investors who have money and do their own DD? I'd put a whole lot more of my money into this thing instead of just getting my toes wet. It's too Bad. They have to deliver now to support interest.
But ... why Asher? TIA. Not so long, but still liking EGYH.
So this latest announcement is what ... ( 1/2 of) the Big News everyone was Not Talking About? People's PM's must be really humming!
CAPV looks good too. Member mark for you.
My life is much better now without PMBS. I do not post much on Boards, any more, either. Believe it or not, I'm making much better trading/investing decisions! LOL.
GLTA F8Jerry
Could it be Gordon Smith? It really, really seems like Everyone is going out of their way to Not say something. I wonder what that thing that "they" are not saying is? ... Wonder what "they" know and are not saying ...?
I've heard the words "new blood" is coming ... "big changes" are coming. It must be someone very big to be able to come and make the necessary 'sea change' in terms of where we are heading ... like more into retail? That is very necessary. What PCSV has, has to be communicated to the public, for our share price to rise as we all want it to.
Otherwise, this latest news is just a pump, like PZ0@.
I hope everyone saw what I saw today. A sell job for 15,002 shares ... Imagine that !!
Russ & Patricia just had to milk the investors out of ... what ... let me see if I can get this straight. (pause)
ONE DOLLAR & ... (what?) ... FIFTY CENTS !!!?
I'm just so glad people still post here. This is a board continuing to tell others of the truth all about PMBS & Russ & Patricia.
FROM SCOTTRADE(2015-11-18):
En2Style:
Fitx is "positioned"? "New chapter"? We're going to "hear great news from both companies...soon"? ...and who is the official countdowner?
BUT WAIT, IF YOU BUY NOW, THERE'S MORE:
You know, like, it's just that, I mean ... like they are just doing it all for all us share holders. Like, you know, we're just so lucky to have someone looking out after the shareholders' best interest !!
I reference today's 8-K Filing:
Paper, nothing against or at you. It's what I see going on with these recent huge buys. Like Le2, I'm outta here for now. My attention is best spent elsewhere. I hope these shorters get their little rear-ends burned off.
Good Luck To All.
All Four of those MM's are waiting with 200,000,000 buy orders at .0001. They know exactly where this is Not going. Not quite yelling.
(edited)PL, NITE has gone down to .0002 now as that MM knows there are no more takers at .0003. But the post you are referring to I stamped on purpose. I repeat, no one (edit:else)is (was) holding this down until .0015 except those four MM's. No one was wanting to sell(to hold the pps down).
Besides DSCR did not say they were currently diluting. They only used the phrase "recent dilution". I take this to mean the precipitous SP collapse from .0033 to .0001 no bid.
If you're right and it's DSCR diluting for .0002 they are just plain bloody idiots. Why not wait and carefully dilute at .0009? They'd get over 1000% more money. But then, they can always print more, right?
Literally no one, other than these MM shorters is anywhere ... until .0015. 2015-10-08 10:41am. I know this info is already logged, but I wanted future DD people to know I'm aware of day/time & just what's going on too.
This is criminal. Really, really criminal.
JPH, My mistake was looking out for BMAK and VNDM, etc., so much that I completely overlooked the Pattern staring right in our faces. Right now, there's no one to keep this DSCR held down until ETRF at .0015 ---which is about where, logically, we should be by now. These MM's are the one's holding it down. Otherwise this would be soaring.
Also JPHilton, Your 3 major shorters: CSTI, CDEL, ATDF, & the "poss.naked shorter" NITE, are all lined up on the (.0003)Ask 1,2,3, & 4. Like Pretty Maids all in a row. Barring a miracle ... this ain't goin' nowhere.
JPHilton, It's either DSCR is diluting shares (because they are so desperate) at the LOWEST pps possible because that is the only way they can (with assurance)grab the money before anyone else can. Promotion is somewhere nobody knows.
OR: After the initial huge buys (maybe 2-4 by third party), flippers, momma's boys, in the basement of their house in underwear are flipping it this way:
After accumulating a large number of shares they keep 1/3 out for reserve/safety, 1/3 buying at .0002 and 1/3 selling at .0003. That's VERY dangerous ... but such people really don' mind, as long as they have enough beer for the weekend. They try to milk it ... sometimes it works. But chances are they'll get left behind when it takes off. Even incrementally. But at that time mommy or daddy will make more available to them.
Rather cynical, but we have to be aware of everyone we trade with here. Where there's money, there's all ... kinds of people involved.
Le2, I also agree. With the huge buying in last week this should be .001x At Least. We all shoudda seen some losses recouped and turned into green, even. Frustrating.
WarChest, Good Postings. Mark For you. I like OWOO, DSCR, and Esp PCSV (because of heavy insider buying, and low float. Huge future & sector support. Click a join request. https://www.facebook.com/groups/854000468029584/870143859748578/?notif_t=group_activity
OWOO for the insider buying(but haven't made the leap yet).
DSCR for the current pps & huge value in hemp/CBD's.
Good Luck To All !!
raff, I agree with everything PaperLion said. Logically, if these guys are going to be doing any planting for 2016, we should hear in at least 2-4 months about their license renewal.
(edited)I understand your point. My struggle is what do they mean by "recent dilution". This DSCR (until the last week) has generally been at about 1 million shares traded daily, if that.
Also, who in He** is buying them? If DSCR was doing the dilution this last week, where was the promotion? Some one 'greedily' grabbing up all those 'cheapies' maybe would have to brag about it (here?). If DSCR, DSCR would have to be just as 'greedily' dumping those shares for pocket Shi@. That's right, just about the lowest price they could get ---they paid for and got...makes no sense.
I still got my gut telling me what they meant by "recent dilution" was the precipitous collapse from .0022 to .0001 no bid ... not this last week. But like I say, don' follow me, no one really knows but them.
Got my straight jacket back on.
LONG DSCR
(Edited) No real news, but I like the update. I also like the fact that they (at least)are aware of our concerns, and have responded in a public way. They also reveal the reason for the "recent" dilution. ...But how "recent" ---the last week?
Why all the volume lately? This should be up to .001 by now. Maybe 3rd party investors and then day traders flipping it down? Maybe my hunch of share reduction wrong?
Maybe a promotion somewhere ... Nah, can't be. It's just 2 or so major buys. Can't be dilution killing a rally ... for way, way, less than 'peanuts'. Just odd.
PL, It's all high risk. We could see anything. Most longs are in more than me. Unfortunately, I started at .0022, and averaged down. I wish I'd invested now(at $.0002), instead of at .0022. Jimminy Crickets, I coulda been the one who bought 240 million shares. Now ... that woudda ... been ... worth it !!
Let's See. DSCR
(Edited) PaperLion, that's my quandary. Maybe payment for first shipment to I-B8?
Personal loan from a third party (business/friend?). This would be a preferred route. FIT% built their 2nd building this way. Before they got nuked by everyone.
Or, someone who knows something ... HHhmmm ?
JP, I was talking this over with my wife. Pistol Pete, Le2, others, tell me if my thinking is wrong. 240,000,000 X .00022(assumed avg. price for share paid) equals $52,800.00 ---Not much by corporate standards. Assuming we have a 3 Billion float by now from dilution (they raised the AS to just under 5 billion: At least some shares had to have entered the float, otherwise they would not have had the need to raise the AS to 5 billion).
They just 'took' or, 'retired' 240+ milly out of the float by putting $52,800.00 (back) into the company. Thus no "Form 4 filing" was needed. These shares will now (if true), simply be erased off the books ... and yes they were 'printed' as they purchased the shares from the Float. In other words, out of the market, now. Share price should rise and fall a little bit better, now, IMOO. If this was our CEO, or say, Officer, Director, etc., he'd have to file a Form 4. We would then see just who it was that bought this today.
Last, if this was an outside person (I think every one here would then say this was prob. one person/entity) buying in big(IMO) through a market order, then that would just be absolutely Great News. He would have to smell something was cooking ... Africa? 3 or 4+ fields committed to growing in Canada for the 2016 season?
Maybe we'll get the PR about this in the near future when they feel DSCR needs another boost. A 2-Fer: Huge buy volume today, announcement later.
No thing really fits. Except what I suggested in the first two paragraphs. They have to know shareholders are frustrated ---we Know they read their FB page because they responded to a person regarding the webinar. Those comments, Whew !! I think this was a 'morale booster' for the share holders.
JP, My Guess here is that this was a one time 240,000,000 (milly) buy, by DSCR. If this was an investor, someone from the outside buying shares, 240+ milly would have driven up the price to at least .0008 or higher. This explains why CANT & VNDM were sitting at .25 cents pps. They were waiting to see what would happen.
No what I think what really happened is that DSCR bought back 240,000,000 of their own shares. Hopefully this will be announced at a later date in a PR to boost up the share price. If this second scenario is correct, then it explains "where all the shares came form, without sig. movement in share price. It also explains why the volume just Died off afterward ---save for a few retail folks who smelled something going on and decided to get (more?) on board. This should then be released in a future PR.
GLTA DSCR.
raff !!! I see it !!! But I cannot find out the promoter. There has to be one somewhere. It ain't here: http://www.theotc.today/
We have a `70 million share wall and the next stop is .0008 !!
At least according to my L2. Some one correct me if I'm wrong.
CANT & VNDM have backed off to .25 !! Twenty Five cents! But alas. they're just getting out of the way to see what is going to happen.
Let's See!
I checked out their site(https://www.facebook.com/discoveryminerals?fref=nf), just to see if there were any notifications and then later to verify there was no link posted on the webinar(in case I missed it).
Whew !! People are angry at this company ! Another guy said he took the day off to attend the webinar and they stood him up. From pyramid scheme to scam to being able to always print more shares ... I just hope these guys listen to how the shareholders feel.
If they keep this u[ they are going to have this site (in time) turn into sites like PMB$ and FIT% on I-Hub: Sites fully dedicated to telling the truth about some of these pinkies.
DSCR's job will be doubly difficult, then.
PS: I mean really, how much could a webinar cost them ???
Self Deleted ... Sorry, I hit "post" 2X, as it took exceptionally long to process.
Did they even have one? Is there a link to it(that maybe they could have done)?
I registered a couple days in advance. NO webinar. NO News that it had been cancelled. What did it say? I received absolutely no-thing.
They can do better than this ...
Has anyone been contacted about the webinar today? Is it still on? I signed up the other day and have not heard back yet.
http://discoveryholdingscorp.com/fouroceanswebinar/
Any one else receive any info?
TJ, you have a point. However no-bid has a 'stench' to it. Being no-bid, IMO, tends to exclude all but the 'vultures,' AKA Toxic Lenders, AKA Death Spiral Companies, from investing.
While our share price is down and we are waiting here's some DD for all of us. Typically, when I see no-bid, that's when I see Asher Enterprises, Magna Asset Services Ltd. AKA Joshua Sason-founder & CEO, as well as Magna Equities II, etc., LLC, Tonaquint, Inc. For a delicious DD side bar visit you can check Fife, of Tonaquint, here: http://www.sec.gov/litigation/litreleases/2007/lr19972.htm
Trader, I got my little rear-end burned in PMB$. But if folks check out schedule 13G/A filings of CEO R.M., you can see that DSCR is really not like some other 'scam companies'. In fact DSCR has gone out of their way to avoid the toxic financing as I listed above. Another advantage of DSCR is they can plant seeds in the ground and mother nature turns it into a really nice cash crop. That's one of the things which attracted me to DSCR(as a fail safe).
I'm not trying to talk myself out of a bad decision. I'm just as disappointed or more so than most here who have been here longer. I'm saying, we could be worse off. And I do not like being a bag holder.
DSCR
Maybe it's management. If they are undergoing an audit, maybe they do not want pps bouncing up and down off of no-bid for a perspective client (who wishes to loan them money... ).
Maybe?
noc314:
1) The PR I referred to regarding the hemp seed "promotional (package) of 1,000 lbs of hemp seed is: The budget and marketing plan is currently being worked out for an initial promotional 1,000 pounds of hemp seed to be delivered to I-B8 for roasting, flavoring and packaging. Link: http://www.otcmarkets.com/stock/DSCR/news/Discovery-moves-ahead-with-Hemp-seed-joint-venture?id=101464&b=y
2) The FLUFF PR you are interested in is: http://www.otcmarkets.com/stock/DSCR/news/Discovery-updates-Travel---Medical-Tourism-news?id=114713&b=y
3) To sign up for the webinar: (from the 2015-09-17 fluff PR) for more info: http://discoveryholdingscorp.com/fouroceanswebinar/
Let's hope they follow through on this one. IMO, 2016 will be the poker "tell" telling us whether these guys are serious or a scam.
How can a $300.00 sale (of 1 milly shares), drop DSCR's pps from .0003 to no bid (.0001), with a float of 2.1 Billion shares?
About the only legal way is for the float to be just about locked. Am I right? We have a snowballs chance in Hell of that being accurate, right?
How can something as blatant as this happen? And (then) to get by with it? Which will obviously happen ... Any thoughts?
Sorry ... 2014 harvest. My mistake. Do not want to mislead any one interested in DSCR. No one really pumps here ... what you get is truth. Or we get corrected.
Gharet, I agree. This sometimes keeps me awake at night. I have quite a lot riding here ---though not as much as some people. I started in at about pps of $.0024 & averaging down to .00075.
PMB$ is run by someone who is, shall I say, business challenged and marketing incompetent. But I was actually a little pleased to get the fluff PR yesterday. Logically this release tells us that DSCR will not only be planting for the 2016 season, but the kicker is that they have made the commitment to actually process the upper stems and leaves for CBDS. And We know that's where the real money is.
I think they went with seed harvest only as they had (really) no money. Seeds are the least risky product to a cash strapped Co. like DSCR. Here's the kicker: IMO they still have not made one penny from the 2015 harvest. They have to continue to explore and work to try to sell their remaining product as well as purchase/planting of 2016 seed hemp. This explains the raising of our AS to 5 Billion. The Reason?
(Edited for clarity): Indeed, they might not have even begun the audit ---yet! They may have "dropped" the idea when they saw retail investors interpreted this as a negative.
I just hope they read this board ... occasionally.
I'm outta here ... who knows I might be back if the pps keeps going down.
No correction from our absent CEO.
NYS SOS says 2 Billion AS. This is denied here.
PPS not going down because of dilution ... what, ...Oh I see, it must be going up. There's fewer shares, that's why we have tumbling pps ...go figure.
No Communication from VGTL
If folks want to throw their hard earned money after this scam, go for it.