Thank you for the correction

It still leaves a taxable situation of over one million dollars

About your gift you are 100% correct I know nothing about them

As far as the IRS definition of a taxable gift, I am 100% sure of their rules

And would recommend everyone talk to their tax professional as the best way to handle their own situation

120,000,000 gift shares gifted at 0.01
Tax basis = $1,200,000

Current value
120,000,000 shares at .0005
Cash value $60,000

$-1,140,000 tax liability on gifted shares

120,000,000 x 0 = 0


All the free shares in the world will not change this fact

Forecast....

Investors lose all with ppje

Even with a 10 million infusion this company has nothing to stand on

The CEO would spend it before the ink on the check was dry

Compared to the value of the shares of this company?

Yes it is chump change!

New software release is looking questionable

I don't believe a brokerage house was mentioned, much less identified as the problem to the plummeting value of the stock price.

Reverse Splits seem to hold the key to the devaluation of ppje.

multiple splits within 6 months?

Can not understand how that will be viewed as positive.

any guesses when we will see quads now that trips are here?

you are right
was looking for 27,000,000 @ .0001

didn't meet my buy point....

hope so, just put in a huge buy order

up 50% on $756!!!

Looks like it's bottomed out, just put my buy order in!

WOOO HOOO up 12.5%
or $58 worth of transactions!!!

this bad boy is skyrocketing and just 7 days until the release of something that was promised a couple months ago.

An absolutely BRILLIANT investment strategy!!!

Buying a falling stock that you predict will continue falling!
But just to clarify, you plan on making the following trade executions

1,000,000 @.0008 $800
1,000,000 @.0006 $600
1,000,000 @.0004 $400
2,000,000 @.0002 $400
5,000,000 @.0001 $500

For a total of 10,000,000 average DOWN to .00027
Total investment of $2,700
So when it hit .0001 you will need a 270% increase to break even

Why not just buy 27,000,000 when it hits .0001 and own 2.7 times more of the company then under your current strategy?

thank you

no your math is not correct, you can not make money on this stock.

Invest in a 'stock' every week for a month, investing $200 per week.

$200 @ .0044 45,454 shares
$200 @ .0028 71,428 shares
$200 @ .0024 83,333 shares
$200 @ .0010 200,000 shares
$200 @ .0008 250,000 shares
-----------------------------
averages .0015 650,216 shares

'Cost averaging' has the average price 1/3 of what the original purchase was, 33% unrealized loss.

This stock will need a 100% uptick for it to break even.

Now a reverse split happens 1:100
The shares are diluted to 6,052 shares with a $1,000 investment
putting the average price at .15 per share

Another month goes by and the stock continues to drop to a price of .0008 reducing the value of the shares to $5.21 (6,052*.0008)

The stock now needs to increase 19,169% for it to break even?

This shatters the idea that to buy a falling stock it will make money, in fact in this real scenario has an unrealized loss of 99.47%.

what was the total 'consideration' shares 'gifted'?

no your math is not correct.

Invest in a 'stock' every week for a month, investing $200 per week.

$200 @ .0044 45,454 shares
$200 @ .0028 71,428 shares
$200 @ .0024 83,333 shares
$200 @ .0010 200,000 shares
$200 @ .0008 250,000 shares
-----------------------------
averages .0015 650,216 shares

'Cost averaging' has the average price 1/3 of what the original purchase was, 33% unrealized loss.

This stock will need a 100% uptick for it to break even.

Now a reverse split happens 1:100
The shares are diluted to 6,052 shares with a $1,000 investment
putting the average price at .15 per share

Another month goes by and the stock continues to drop to a price of .0008 reducing the value of the shares to $5.21 (6,052*.0008)

The stock now needs to increase 19,169% for it to break even?

This shatters the idea that to buy a falling stock it will make money, in fact in this real scenario has an unrealized loss of 99.47%.

i thought we agreed that topic was put to bed, if you keep responding it will continue to fester.

at the current level there aren't even enough shares available to 'invest' $200?

I have put that issue to bed and will not add it to any discussion.

But this logic goes very contrary to the conversation earlier in the week; where it was strongly professed that you would not lose money by continually buying.

So, if I were to hypothetically invest in a 'stock' every week for the past month, investing $200 per week.

Week 1 @ .0044 45,454 shares
Week 2 @ .0028 71,428 shares
Week 3 @ .0024 83,333 shares
Week 4 @ .0010 200,000 shares
today @ .0008 250,000 shares
-----------------------------
averages .0015 650,216 shares

This 'cost averaging' has my average price 1/3 of what my original purchase was, 33% unrealized loss.

This stock will need a 100% uptick for me to break even.

Now if a reverse split were to happen 1:10
We will only have 65,216 shares with a $1,000 investment
putting my average price at .015 per share

Another month goes by and I decide not to invest anymore and the stock continues to drop to a price of .0008

The stock now needs to increase 1,250,00% for me to break even?

This shatters the idea that as I continue to buy a falling stock I will make money, in fact in this 'hypothetical' scenario I would have an unrealized loss of 94.8%.

As some are 'making' money by being 'long' in this type of scenario I must have missed a basic step.

Please correct my math.

Math question please...

I appreciate the math lesson from earlier this week and it has opened my eyes to a new way investing. Whereby purchasing even in a falling market you can guarantee profits.

.002 + .0017 + .0015 + .0012 + .001 = .0074

My question is: what happens during a split either standard or reverse?

I am assuming I would use Multiplication for a normal split and Division on a Reverse Split.

So on a ten to 1 (10:1) split
.0074 * 10 = .074 Massive GAIN!

on a RS one to 10 (1:10)
.0074 / 10 = .00074 - this seems like a massive loss

But this can not be based on the gains that have been made here during the last RS, so I know I missed something with my Math

And per another poster who so eloquently stated that math does not work with taxes and rates, we will ignore those for this example.

and how are you reaching out to her today?

email
phone
pony express
telepathy

and based on Ms. Basu's past track record with others you might consider writing it all off
not misinformation
not guessing

Legal fact
real DD

http://nvsos.gov/SOSEntitySearch/RACorps.aspx?fsnain=1Vdv0LONCzzN0Xb%252fxCuntw%253d%253d&RAName=OASIS+CORPORATE+SERVICES%2c+INC.

Interesting ... one the the companies attached to Ms. Basu
Silver Shadow Properties , LLC
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=x0X5P5INz%252ba4rxKBw3GbBA%253d%253d
linked to Oasis Corporate Services
http://nvsos.gov/SOSEntitySearch/RACorps.aspx?fsnain=1Vdv0LONCzzN0Xb%252fxCuntw%253d%253d&RAName=OASIS+CORPORATE+SERVICES%2c+INC.
tied to Oasis...
http://www.hawaiireporter.com/two-indicted-in-wonder-blunder-concert-scam


Mineralrite Corporation
look at this chart of another one of Ms. Basu's companies - chart should look familiar
http://investorshub.advfn.com/MineralRite-Corp-RITE-1701/

now this series of stories sounds interesting!!!!

what did you capture a
SQUIRREL
and whom did you send it to?

ppje biz moves fast?
did the software get released and we missed it?

they left Florida off the list!

that might be viewed as misinformation

I will be more than happy to tell the company not to provide consideration/gift/? shares if the company or any representative would like to respond back to any of my attempts to contact them.

Misinformation - noun; false or inaccurate information, especially that which is deliberately intended to deceive.

Reverse Split? nope that happened
Triple zeros? nope that happened
New software release - ok, possible misinformation here
Partnerships with various organizations - misinformation or exaggeration?
Signed agreements - nope, just promises of possible commitment

Free shares - put it to bed, use them as you see fit; I will not accept and will send back if they are sent to me.

Mis-information -
RS? nope that happened
triple zeros? nope that happened
New software release - ok, possible mis-information here
Partnerships with various organizations - mis-information or exageration
Signed agreements - nope, just promises of possible commitment

I only know of two people on this board who the CEO of ppje has supposedly contacted, i know for a fact she has not responded to me.

Tarcking - yeah that is the stuff that keeps me coming back

No obsession with free shares, just interesting how different people view them.

Mis-information and dis-information is always interesting and entertaining.

Tax Advice - never asked and was definitely not given.

Guessing - necessary when the CEO/Company does not respond to emails or phone calls.

Perhapsing aka speculating aka investing - that is the purpose of this board.

Grammar and spelling worries - no I actually find that and making up words/definitions one of the more enjoyable aspects of this board.

Waiting on real info that is not company generated PR to start DD, would have talked to the CEO/Company (one and the same) but again, she/they do not respond to email or phone calls.

I was not asking for tax advice; I have an accounting firm for that.

I was asking a question, which it is very obvious people do not feel comfortable answering.

Legal definition of consideration:
a payment or reward.
(in a contractual agreement) anything given or promised or forborne by one party in exchange for the promise or undertaking of another.

I used .01 for simplicity sake; I could have used $1 or $47 or $1,238
The mathematics still works out the same.

And while I appreciate you and $upe making comments, neither of you actually answered the question.

Asking a question, no conjecture just a request for clarification:

Based on my understanding of 'gifts' in the eyes of the IRS, it is my understanding the taxable amount is based on the date the gift was given.

so if gift was given at... say:
.01$ - 10,000,000 (ten million) shares
taxable income would be $100,000

Current price .0008
Current value of gift $8,000

even at the lowest tax bracket level of 10% on an income of <$18,150
(even though accepting the gift would automatically put you in the 25% bracket)

you could not sell ALL of the gift shares to cover the 'gift'

_____________________________________________

Did I miss something in math class again?

I did not ask.

loaded up at .0020 - your statement

current price .0008 - reality


.0008 - .0020 = -.0012 60% unrealized loss

______________________________________________________
But I also understand (after yesterdays clarification)

.0008 + .0020 = .0028 140% unrealized gain!!!!

can't lose with this kind of logic!!!!

Grif is correct - the only ones that took a 'realized' loss were those that sold; they had to sell at a loss because there is no other way to sell this.

Everyone who is holding is taking an 'unrealized' loss

go PPJE!! .0023 by Wednesday! news coming!!

but Wednesday isn't done yet.

Have to believe.