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Great to see these 0.0002 cent shares. Only need to get back to 25 cents a share to break even. Piece of cake.
It's all about zeros. Mr.Ritchie knows this and likes where the share price is now. He's driving the bus and heading in the direction he wants. Shareholders are not even in the equation. I heard a song once, take the money and run. Steve Miller said it best. I believe Andy is living by this theme. How many products and schemes? How many came to pass? Something about feet, something about solar chargers ( MIT, non the less )and the mighty Simbadeals. All great successes, to what degree is the question. If I sound a bit cynical that's because I am. Now the mighty 6000 to 1 R/S. It almost feels like Bubba is giving it to us again. Right up you know where. I salute you Andrew Ritchie. At least you are consistent. I,m sure you have no problem sleeping.
Pitman33 , love your picture. Makes good for a laugh. Thanks man, I needed that.
Correct 250 million x 100 = 25 billion
Why next week? A prior email said UPS two days. Should be delivered this week.
The stock is holding up pretty good. Especially since it is now only worth 0.0003 cents. There is going to be a lot of unhappy campers come R/S time. But who knows, maybe in a years time, with the other 215 million shares. The management dilutes again. I'm sure you can trust them. After all wasn't them that said the dilution was over.
Anything above zero, would be record revenue. Not net income, but revenue. One sold, would be record revenue.
The Sept.9th date is interesting. As per company info, pre-orders were first. Then the amazon listings would follow. If this is the case. Then the pre-orders should be in the purchasers hands this week. All you can do is wait and see.
The proof will be in the pudding, as the old saying goes. When someone receives one in the mail and it works. Then an only then, we move forward. Until that time, we are on hold. According to the company. This should take place tomorrow or Thursday. Good luck and good trading.
You are absolutely correct Ocean. Domk wins and all shareholders, except 3 lose. Domk will survive at the expense of the ordinary shareholders. They, like many, sub-penny stocks. Reinvent themselves only to take advantages of unsuspected shareholders. Hey look, we were all in it to try and make a buck. The house usually wins, when you play craps. This is the case here. You lay your money down and take your chances. Instead of momentary lost. This is a long drawn out process. What is better instant lost or gut wrenching schemes, of untrue promises. These are the questions that one much ask. If the latter is not for you, visit your local casino, and try your luck. It's all gambling, in one form or another.
Won't be hearing anything for a least another 15 days. Which would be just prior to the R/S. This is how the slide step is done.
This will drop to trips, and it should. Shareholders are screwed, just like all sub pennies. Could take years to recover, if ever. Sorry folks, but the pockets are bare again. Only 4 will prosper and we or not one of the four.
This is the company's largest hurdle, trust. This company has to learn that the shareholders don't trust them. Time after time they're thrown out dates, only to miss them. What do they expect? They need to get their act together and start meeting these dates. After all, they are the one's, that give them. The share price should be ten times where it is today, if the company was forthright. I know I am, and sure many other shareholders are very perplexed, to say the least. Get it together people, and everyone should prosper. Don't keep leaving your shareholders hanging. Give us the truth and the goods.
What is also very interesting is the absence of the annual 10K report. By mudding the waters, sort to speak. With these other forms being released, we seem to have misplaced the 10K. It would give us some insight to the inter workings and present share structure. This would show us the path to glory or doom. I'm very interested to see what it says or doesn't say about our future. Apparently, they are in no hurry to release said facts. Which in itself is a red flag. Time is the healer of all turbulence, in which we must endure.
The thing to remember is the decimal points. This is all about decimal points. The exchange ratio is affected by the decimal point. How many zeros? This is the question. Your money could be 10 cents on the dollar or as low as 1 cent. At that point everyone sells at a lost. The heavy hitters scoop up shares wait about a year to reverse forward. Making the decimal move again and making themselves very wealthy.
If they get these first models to the buyers on time. That would be a positive. If the unit work to some degree, that also would be a positive. If they can come up with a order of some size to a identifiable and verifiable customer. That would be huge. The potential is there. It's all a matter of execution from this point. Good luck and let's see how the week plays out.
The key is the exchange rate. This is why the stock is trading at 0.000001 or so. Instead of 0.0001. The 6000 to 1 ratio, will quickly turn into 60000 or 600000 to one with the afore mentioned price. It will not trade at 60 cents a share. You might see 0.006 cents instead. Making your shares virtually worthless.
New accountants this late in the process. Seems to be the new tactic used by otc fliers. The plot thickens yet again.
The reason you stuck it out so long, is because the stock has no movement. The other reason is no reports, as in pr's, to let the shareholders know what's going on. I'm glad you and no one else is ever been able to contact dear Andy. We are all ecstatic to hear we have only blue skies ahead. Thanks for the much needed boost. I'm sure now, this thing will only trend upward.
Exactly my point. Only the billion plus shareholders benefit. There are only 3. The rest of us get the shaft.
If you read the pre 14C. This is why 0.00001 was mentioned and not 0.0001. This dilution with the factor of 6000 is actually 600000. Yes your shares will be divided by the 6000 factor. The problem is the share price will not be 0.60 cents. Which it should be at a 6000 factor. By giving the 0.00001, you will see the share price at 0.006 cents. Only a 60 multiple, to where it is now. therefore the 600000 factor. Then the price goes down from there. Goodluck.
People, as I said a R/S is being made. I also said the ratio would only benefit shareholders of a billion plus shares. There are only 3 such persons. When a company is going nowhere, the old slide step is done. This will keep the SEC happy and screw the other shareholders. Once Andy files his form 3, this baby is a done deal. Sorry folks but the jig is up for us average joe's. I can't say it was fun while it lasted. This is typical of the OTC companies. Shareholders come last. Sorry, good luck in your future trades.
Probably see another form 3 today. Showing Andy's conversion of 9.6 billion shares. This is all leading to the shake out. Only billion share plus players will benefit. I wonder who they are?
That being said, 16 billion is 51%. That would put the total at around 30 billion shares. Prepare for a large R/S coming. Why? We don't know what the boys, have up their sleeves. All's I know is, unless you got a billion shares or more, it's not going to be pretty. Good luck.
Many of these companies try to show links to larger, profitable companies. There is no link and never will be. As all pennies, this one is reaching. When oil went south, they had to switch gears. Water seems to be a nice niche. People beware the shell game. This is what we have. Smoke and mirrors, nothing works and nothing proven. Snake oil, this is what their selling. Been going on, since the beginning of time.
It's all smoke and mirrors. Be prepared for a massive reverse split. You think you have nothing now. After the RS, your shares will be worthless. More worthless than they are now, if that's possible. Zero equals Zero.
Just because we now have 16 billion shares. Creating a 51 percent control in share structure. Doesn't mean the company is doing anything. They were able to get another loan for shares. They had to say something after 8 months. Can you sell your shares? I believe the answer is no. It's all mumbo jumbo, just to keep the shell alive. Paperwork to keep the SEC happy. Still no news, and they'll keep it that way. Until they come out with a PR announcing their plans, we are dead in the water. Good luck to all.
I'm sure there will be so excuse. Which one I'm not sure. But there will be one.
The 52 week high is 3 cents. So with product, you would have to think, somewhere north of there.
Found a glitch so they have to retool. This will only take several more months. Should be here for the Christmas season. What next?
Nice to see Phillip Busch is the president. This is a relative of Peter Busch, who is our chairman. This couldn't get any better. Get ready for lift-off.
Need to see this 10Q to get some action.
The factory probably blew up in the Tiajen explosion. Have to start from scratch again.
Probably, because Domk will file financials. These are due at the end of the month.
This is where Peter Busch comes in. He has all the connections needed to get this thing on shelves. Think of Budweiser, it's in every store corner or grocery across America. With a little, advertising, this thing could go vertical. Just need product announcement and away we go. Things are looking good, finally.
Timelines, we need timelines. Shipping from China. How long before it's in our grubby little paws?
The real excitement starts in 15 minutes. Everyone trying to catch the wave.
Hey, it's only another month. And so on, and so on. As if you couldn't get the transfer agent, to get his act together in 6 months. My suggestion, change agents. Just a thought. Looking more like Christmas to me, or June 2016.
Better yet, a shipping timeline. When are they getting here and into the hands of the purchaser. We need a timeline. As always, everything is vague. Testing, shipping, number of units and timetable. Oh, I forgot advertising, when?
Truly one of the great marvels of our time. Planned and executed to perfection. Stock multiplication one 0 one. Dangle the carrot and they will buy. Bravo!