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The "Caveat Emptor" should have been removed some time ago. Didn't they circulate a draft of their submission to the attorneys, some months ago? E-Mails from the Company are NO LONGER particularly credible.
Bulls and Bears prosper, Pigs get slaughtered.
Looks like you are FINALLY wising up.
YOU must be EXTREMELY CONFUSED. I have had a TOTAL of FIVE posts on this board in over the last TWO months and there has been NO repetition of the same b.s., so just what in the world are YOU talking about???
Ignore is the root of Ignorance.
In response to "Sometime Right".
The price of oil has very little to do with the value or the PPS of NWOL unless they actually have some oil, which not everyone accepts as a fact. Furthermore, th price of oil will NOT come close to $200 unless a war breaks out. The current price is basically unsustainable and the consumption of oil is not inelastic as some believe. In a recession (and we are either in one or very close to one, historically the price of oil has gone down in the neighborhood of 50%.
It is highly likely that we will see $85 oil within the next six months. IMO
Bulls and Bears prosper, Pigs get slaughtered.
In case you have not noticed, we are already FIVE MONTHS into 2008. How many millions in sales do they have thus far THIS YEAR??????
Get ready to DUMP on the next PUMP. This thing is going down the tubes. Company has zero marketing capability.
No one is surprised with your statement that you have been sleeping all year whoops you said all day. Why wouldn't you be comfortable. You have already suffered losses to the point that there is so little left to lose that there is virtually NOTHING left to worry about.
While you were sleeping today, I guess you were DREAMING about NWOL uplisting----NEVER HAPPEN. If audited figures are published on MOnday, which is a great leap of faith on your part, what makes you think that it will have a POSITIVE impact on the stock. Based on past history, it is more likely than not that the figures will disappoint you and the other LONG & STRONG (some people would say stubborn) boys.
I will have a very comfortable weekend thank you, having covered the bulk of my shorts at an absolutely huge profit. The remainder, I will probably never have to cover as the company will no doubt be out of business down the road.
It is more likely than not, that the company's business goals for the year are the same bs as the vast majority of its previous PR's.
Did you think the sellers at $0.20 to $0.29 were idiots as well at the time. Since most people don't check out posters profiles, wouldn't it be reasonable for you to include your pumper disclaimer in the body of all your posts?
In case you have not noticed, the bid is $.042.
Thanks. It's not often that my posts meet with anyones approval.
My guess is that your Crystal Ball is malfunctioning or you have misplaced a decimal and quite frankly even that is a tad optimistic.
Sounds like a snap judgement. I can't give your opinion much credence unless you are some sort of expert on the genre.
I thank you, as I am sure the board thanks you, as your most recent posts have added nothing of value and should have been deleted as being off topic and lacking in entertainment value.
May I also suggest that in any of your future posts, that you re-read your posts before submitting them so that you may correct spelling ("too" not "to" and "knew" not "new" in the contexts that you used them) and a little punctuation (periods at the end of sentences) would be appreciated by most.
I don't expect you to answer this, but I find it interesting that you conclude that one person is smarter than another, without ever having met or spoken to either of them or both of them as the case may be---nor having access to our respective MENSA applications. If you apply the same criteria to your DD, it is doubtful that you can be successful as an investor.
Don't misinterpret my feelings about the company. It would appear on the surface that the company is severely undervalued at this point given the Scott deal, UNLESS Jeff Love was DESPERATE enough to make a deal, any deal, just for the sake of appearing to move forward, on terms that were less than favorable to the company.
We have to the best of my belief, NO information on the financial ramifications of the Scott deal---no indication of gross profit per unit---no indication as to the financing required to produce a significant number of units and no indication as to whether Scott will contribute to the financing or whether the company plans to issue bonds or to dilute the stock to provide financing.
I think, that one has to assume that whoever is selling the stock are NOT complete idiots nor are they interested in providing gifts.
Another concern is the way information as to the Scott deal was leaked, the evidence of which is the significant increase in both price and volume on the day BEFORE the PR was issued.
Surely you jest. An ORAL discussion with a company insider who presumably has a vested interest in maintaining and/or increasing the market value of his company is worth LESS THAN NOTHING for both legal and logical reasons.
Let me add to your fund of knowledge. There can be numerous reasons for keeping current with a company that one has a poor opinion of, since, there are many ways to prosper in the penny stock market. For instance, one can sell into a pump if one has reason to believe that it is a P&D situation. Similarly, one can short a stock if one feels that the price reflects unwarranted enthusiasm.
That being said, I might have other reasons than those, but, for you to suggest that I sell and move on is a gratuitous opinion which adds nothing to the discussion of the company and should have been deleted for being off topic.
It looks like a gift at this price, but, then again,ask the Trojans about gifts.
It's absolutely astonishing the effect that Russia's booming economy and in particular it's oil industry has had on the pps of NWOL. If I remember correctly, after the bogus buy out ($2.17 or as adjusted for the split $217) the price per share rose to slightly above $1.50 ($150 adjusted) The PPS has been hovering in the 12 to 18 CENTS area for the last month or so.
If you bought at the top at around $150 and sold recently at around 18 CENTS, you would have experienced a loss of $149.82 per share. You could then thank your lucky stars that the Russian economy and in particular the oil industry is so overheated, otherwise, you might have lost another few CENTS per share.
Microsoft made a legitimate public offer for Yahoo, but, was turned down by the Yahoo board. Microsoft never claimed that it OWNED either Yahoo or Danziger. NWOL issued a PR claiming that it had PURCHASED Danziger, and, this PR was blatantly false or a figment of the imagination.
How can YOU possibly compare the two??????
No person or company is going to invest any significant amount of money with this company as long as it is run by people who think nothing of issuing false, misleading or outright lies to the financial publications, or a company who may have had so much Vodka to drink that he IMAGINED that he had purchased the Vodka company and issued a PR about it---or doesn't anyone remember Danzi-n-ger.
I don't think it's the posters that have gotten her upset. It's amongst other things, the failure of the company to provide information to pinksheets.com on a timely basis and the lack of any apparent progress in marketing the product in addition to the company's diluting shares to pay for "market awareness" as well as the capital structure of the company which may not be in the shareholders' best interests. If you read her posts carefully, you will find she also has misgivings about the reputation of some of the people associated with VRED.
Would you be good enough to provide some rationale for your opinion that "this company is going to be great" when it would appear IMO that this company is nothing more than a run of the mill pump and dump.
And just what does all that have to do with NWOL?
In a world of so many uptight posters, your sense of humor is greatly appreciated, but, don't be shocked if this and the related posts are deleted by someone with no sense of humor.
I hope you had an enjoyable vacation. Where did you get your information from? Have you confused VRED with another company, since there seems to be no public record of the information that you have supplied? The terms of the preferred as well as some of the common appear to be very flexible since they can be changed by the "board" without any vote of the shareholders.
Great potential for dilution.
Excellent post and thanks for taking the trouble to post the amendment in its entirety. As anyone can see, some prior postings by a person who should have known better, about the capital structure of the company, are erroneous to say the least.
Yes, I was aware of all this except I had forgotten about Sieck having signed the last amendment AND I had not checked with the Secretary of State of FLORIDA. As to my thoughts on this, if I posted them, as I already have, no doubt they would be deleted once again, but, I believe they are in harmony with what any reasonable person, not emotionally involved and not having an agenda must have. CAVEAT EMPTOR.
That being said, I do believe there will be another attempt at pumping this stock before it sinks into oblivion.
Is a rich uncle of yours on his death bed and you the only living relative?
Scott R. Sieck was the CEO of OPUS Communities, Inc. (the predecessor of VRED) and has been involved in litigation with the SEC in connection with Madison Group Associates, Inc. (company now defunct--case involved alleged overstatement of assets)Is he currently associated with VRED in any capacity?
Very strange.
Not one mention of Clear Calm on the Scott web site. The only thing close is their January 18th press release about THEIR new EPIC voice amplifier communications device.
A better explanation might be that people are finally realizing the tremendous dilution possibilities here as well as the one billion or so shares that will in the not too distant future come off restricted and become free trading. Another explanation might be that people are starting to sense that VRED's marketing capabilities are VERY weak as evidenced by the lack of recent new customers. If they had any, I don't think they would hide that information. Face it--this will NOT turn out to be the best investment you ever made, and, if you are averaging down, don't look to blame anyone other than yourself.
You should check whether it was the Company itself that dumped stock.
Marky Malarky
As a matter of FACT, Jazzfunk did NOT lie. He was scammed by both
the Canadians and the Russians and suffered SEVERE financial losses on this stock.
Apparently, you failed to understand that the amendment of October 17th superseded previous amendments relating to preferences, voting rights etc. The amendment to the certificate of incorporation dated October 17th, 2007 filed with the State of TEXAS, Secretary of State on November 2nd, 2007 under file number 141504700 Amended the name of the Corporation, the new name being Virtual ED Link, Inc. and changed the capital structure of the Corporation.
Article 4 clearly states that WITHOUT FURTHER AUTHORIZATION FROM THE SHAREHOLDERS the Board of Directors shall have the authority "to divide and issue from time to time any and all of the Preferred Stock into one or more series with such designations, preferences or OTHER SPECIAL RIGHTS .......as may be designated by the Board of Directors, prior to the issuance of such series, and the Board of Directors is hereby EXPRESSLY AUTHORIZED to fix by resolution or resolutions ONLY and WITHOUT further action or approval of the corporation's SHAREHOLDERS
......"
Tried again--same result--20 million preferred instead of ten million--assume will still be 50 to 1, although as I noticed the first time, the board of directors can change anything WITHOUT stockholder approval.
If you read it differently, please be good enough to add to my fund of knowledge.
As of April 30, 2007,there were ten million Preferred shares (.0001 par value) authorized by Opus Communities, Inc. (the predecessor of VRED). Each share was convertible into 50 shares of common stock at the option of the holders of a majority of the preferred shares. Each share of preferred had voting rights equal to 50 shares of common stock.
As of October 17th, 2007, an amendment to the Certificate of Incorporation changed the name of the company to Virtual ED Link, Inc and authorized the issuance of five billion common shares and twenty million preferred shares. Why the preferred was increased from ten million to twenty million was not explained.
Quite obviously, there is a real threat of VERY SIGNIFICANT DILUTION since if the conversion terms for the preferred are not changed, one billion shares could become available at any time.
You have not posted here in about a month, yet, you have hundreds of posts elsewhere. Do you consider this stock to be toast????
Thank you. I appreciate your help.
Does anyone know when VRED is going to provide current information to pinksheets.com. Does anyone know whether or not there are any VRED Preferred shares issued and outstanding? I questioned the TA about it in e-mails, three times. The first two times the question was ignored. The third time the answer was basically that they don't know anything about any VRED Preferred, which still leaves me in the dark as to whether or not there is such a issue. I guess sooner or later, VRED will be supplying that information to pinksheets.com.
I have it on good authority that Mucky Muck is waiting to dump a load on the next pump.
Marky Mark
Probably referring to another 1:100 stock split and purchase of a Vodka company.