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Possibility, isn't that a great word. It leaves the imagination of the believers wide open. It gives the doubters, pause. Possibility, what a great word. Dream on people, dream on.
This was their plan from the beginning. That is why it was stated in the filings, 0.000001 was the price. Once the conversion is done. All common shareholders are wiped out. This will give the 3 remaining holders cart blanch. They then will convert to a new entity and leave everyone else holding the bag. Standard practice among sub-pennies. These are the lowest of the lows. They are the scums of the earth. Leaches and slugs are higher on the scale of life.
A 10 cent trade. Lining it up for 600,000 to 1 and not 6000 to 1. My 2500.00 investment is 0.33 cents. This is what one would call market manipulation.
By multiplying the share structure by 16, you'd have to divide the share price by 16. Therefore 0.005 divided by 16 would give you 0.0003125 share price. There will be a dump before this value is seen. This is why the directors take the shares in lieu of cash. There is no cash and they can sell the shares at a multiple. Where as they make even more money. Guess how is left holding the bag. Correct, the everyday common shareholders. Happens every time.
I estimate only 1 billion more to be dumped. Down to the valley below. Catch you on the downside.
It's called magic. The accounting magic of the sub-pennies. Just like the share structures. It's all magic. No numbers ever add up. Watch after the R/S how many shares are traded. The numbers don't add up. There will be many more than 30 million shares traded. Even at 30 million, this would give a total of 180 billion shares presently. As I said the numbers never add up. This is how the money is made. The transfer agent and the mystery shares. Check out ELRA multiple reverse splits 3 million to 1 and still have 3 billion shares. That's 9 Quad zillion shares. 9,000,000,000,000,000. These guys do what they want. It took 11 years to get CMKM and their 703 billion share scam untangled. These people are the scum of the earth. Bernie Madoff has nothing on these guys.
Hey, if you can dump 5 billion at 0.0012 and make a cool 6 million, why not. They don't care. Another pump and dump, money in the bag. Spend 20 grand on a couple of Chinese toys and make 6 million, sounds good to me. These guys are like all penny scammers. They spend all their time concocting ways to sell shares. Bravo, the shareholders are screwed again.
I'll sit and wait. Is that what I hear? As if anyone has a choice.
If they have 3 billion shares now. Multiple that by 3 million, back in jan.2013. That would be 9,000,000,000,000,000 shares. Jan.25th/13 they did a 100to 1 reverse. Followed by a 10 to 1 on May 2nd,2014. They then reversed 30 to 1 on Jan.15th,2015 and followed that with another 100 to 1 reverse May 18th,2015. On Jan.3oth,2014 post split the shares were trading at 3300.00 dollars a share. On july 16th,2014 they were 60.00 dollars a share. Now 0.0001 and with a 3,000,000 to 1 reverse split since then. Meaning if you had 3 million shares, you now have 1 share.Instead of the price going up, it has dropped like a stone. Where oh where has the money gone? Sure makes me wonder, what about you?
All anyone can do is take names. Never invest in companies with certain people running or invested in them. Keep a list and you will save yourself a lot of money in the future. There are many more like Andy and friends. So beware, it's your money.
The plan is finally exposed. These guys were able to sucker 5000 shareholders. I mean usually an otc has hundreds of shareholders. Not this one, with continuous bull, they suckered 5000. The numbers are zero and getting worse everyday. Now a 6000 to 1 R/S. Wow just when you thought it couldn't get any worse. Can,t even sell. I've seen enough. Good luck people, you're going to need it.
Between 4 and 5pm, should have the 10K.
Great, now 10 billion shares. Seals, in normal field conditions this are changed in hours not months. People we are over the magic number. 10 billion is too many shares. The bull has gone on long enough. I'll see in in the next orbit. This one is about to burn everyone.
When the levee breaks!
Only your nose knows!
I can't believe it's not butter!
Bottom line. Does the thing work? Until we get confirmation by a reputable geek site, we don't move. Bottom line.
The nt10K allows for 15 calendar days. The nt10Q allows for 5 calendar days. The 10K is the yearly report. While the 10Q is the quarterly report. This is the 10K, the yearly. So 15 calendar days from Aug.31st should be around Sept.15th,2015. Give or take a day or two.
If you read the def 14c, you will see the date Oct.5th, 2015. By reading the document many telling aspects are revealed. Like the 180 billion number. 30,000,000 or 30 million times 6000 which would compute to the 180 billion valuation. Remember CMKM's 703 billion share debacle. The numbers are there, all you have to do is read.
Oct.5th, split date. Oh you can communicate to the directors by mail. This is great news. Like you're going to get an answer. No one's home. The 10K will tell all, not. Thanks Pal!
Wait. What a thing to say. I think everyone has been waiting for 9 or ten months now. The company has reported nothing to their shareholders, by means of PR's or other wise. Wait. A great word in this situation. Wait. I don't think we have a choice.
750,000 shares traded on a 10 billion share structure. If you get one tenth of a cent on every dollar, you'll be lucky. Chalk it up to another otc money burner. Promises, Promises.
Notice those companies listed are real. They have profit, product, manufacturing and employees. Those are multi billion dollar corporations and not a otc flier. Never and I say never happens in pennyland. What I should say is 0.000001 land. You'll be lucky to get 100th of your investment. Good luck.
Old news. They kicked a few tires. No one took the bait. End of story. As for the financials, sell one and your revenue is better than before. One is better than zero. The company and a geek site need to put out a PR. This will never roll without a positive PR from a reputable geek site. More orders or contracts are a positive, but you need the praise of a geek site. Then and only then, this thing moves.
Check to see what your shares are worth next week. I predict a fraction of what a 0.0001 split would be. Or to be more precise 60 cents per share. After the R/S I doubt we ever see 60 cents. My 25 million will become 4166 shares, rounded down. If the proper conversion rate was used. 4166 times 60 cents would amount to 2500 dollars. This is the price I paid at 0.0001. No trading platform trades below 0.0001. Unless these trades are done by non approved traders. We'll wait and see where this stock trades. The proof is in the pudding.
30,000,000 or 30 million the new authorized. In affectively says 180 billion with the 6000 to 1 R/S. Hence the share price of 0.000001, never seen or listed before. This has been repeated many times in all documents. Your shares now will be worth nothing. September 15th, designed to be delivered at the same time as the 10K. The old slight of hand trick. Muddy the waters, so the numbers are just that. These boys have printed billions of shares and placed them in their pockets.
As I said 400 to 500 million today. Now the new pump. You will see an additional 2 billion between here and Friday. Good luck to all.
You'd need 41 dollars a share to break even with this stock. Does the word down mean anything? Because that's where this is headed. Non-stop dilution with this baby. Good luck, you will need it.
Looks like another 400 to 500 million dump today.
We had the pump and now the dump.
I'm sorry to say next week is reality check. The 10K will show nothing. Then the reverse split. No hope left. He'll need a new set of suckers, to keep this bull train rolling. I've got many reverse split stocks. All worth nothing, can't be traded. After awhile they fade into the woodwork. This R/S could be one for the ages. 6000 to 1 or maybe 600000 to one, should be laughable. I would have gotten out earlier but couldn't. Once a company's share structure goes above 2 billion share with no revenue, you're screwed. So look next time when you are thinking of investing in these penny stocks. Maybe you can save your hard earned cash. I know what I'm talking about. I've lost plenty and not a shamed to admit it. This is my last one for me. People, like in Vegas, you can't win. Anyone who says they do are lying. Only the one's that rig the game wins. Good luck.
The hurt hasn't even started yet. When they split this sinks into the point of no return. I hold many reverse split stocks. All are worthless. The so-call companies faded away. My shares, worth zero. Like this one, it's only a matter of time. Sorry folks!
Will be back after extended summer holiday. October is more probable.
It's called trust. Until someone gets product and tries it out, the share price won't move. A good revue, we go up. A bad revue, say good-bye. This will never recover if the same old crap happens.
That's exactly what they are doing. People just want out. Shareholders will sell to get anything. They will buy at sub-pennies on the dollar. Wait 6 months and pull another rabbit out to con new shareholders again.
The old re-order trick. Delay after delay. What next? A UPS strike. Put a PR out. Show the units, do something!
Fill your belly up. I hope you get as many as possible. Not sure you can get any a that price, but who knows. It's worth a shot.
Three trades? Launching a new product, and we have 3 trades. This does not bode well. One would think a company would have some kind of marketing campaign. Maybe a update or two. What are they thinking? This thing is at a standstill. If it wasn't so pathetic, it would be laughable. How many deadlines can one company miss? As I said before, trust, there isn't any.
These guys are laughing at the shareholders. They are making a mockery of everyone. In the over the counter world this is even dirty pool. No trader can trade under 0.0001, that works for a legit company. In the shady underworld of OTC pinks, where anything goes, these type of transactions can take place. There is even selective buys and sales, bypassing other legit channels. This is the most blatant example I've seen in a long time. Total disregard and disrespect for shareholders. They are out for blood. A total wiping of the slate. Puts a new meaning to the word GREED.
As I said in previous posts. It's all about the zeros. Notice this morning's trade. Pushing the number of zeros (0.000001 ). The 0.006 instead of 0.60 is coming and yes it will compute to 600000 to 1. You can always rely on the insiders to manipulate these transactions. No regular trader or shareholder can buy a these levels.