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Because the share count was at 4.1 billion out of 5 billion and they have made no attempt in 3 years to buy out the said toxic financing. and since all of their debt is held by the same toxic financing group they can never catch up its just a circular file of money in sharess out.
thats the share count after the reverse
he's interstellars puppet think about the fact that he has taken the dilution to new levels. The last R/S came over a year and half ago/2 years ago. and when they threw the last CEO out what was the share count? like 2.1 billion so Babkie pushed out another 2 billion shares since Feb. What did he get for 2 billion shares..........
All HAIL BABKIE KING OF ALL PRINT MACHINES.
his hand must be exhausted after signing all those issuances but hey at least he had the energy left to sign the R/S docs.
And when the retail deal comes and it will they will flip the switch and do it again.
ALL HAIL KING BABKIE!
wow really 4 billion plus shares that can't be where could we have read such a number before.............. awesome they did increase revenue and who is the debt holder of all that red ink. i wonder how they might get that money back.
Get in trouble for what making vague statements that people chose to post here and then the rest chose to read into it what ever made them happy about buying more stock. The same way people read into the order numbers the first time.
Whose fault is that? Not jeff's, no ones but that guy in the mirror.
your statement saying they need approval for this and people are shooting themselves in the foot. They have the approval of the board member who holds the preffered stock which outweighs all of the common stock. Their lawyers put the paperwork together and they have filed for it.
No one is shooting themselves in the foot. They are doing a 20 to 1 reverse. They still have toxic financing when this is all done. The notes haven't gone away so the dilution will beging again even when and if a retail deal is announced. So they ran the stock to 4 billion plus shares. Crushed it back down and will run it again. this is the private investors mo same as qwest and biodiesel and other companies where they plundered.
No one is shooting themselves in the foot. the people here finally realized what a lot of so called " bashers" said was true. people warned the share count was large. people warned this was likely to happen now it has and you still say the emperor is wearing new clothes?
they never did.
but you all loved Babbkie when he was announced. The stock rose and it was all due to him wasn't it? I remember reading how now that Babbkie a real CEO was in charge Zevotek was attracting new investors and that because the old CEO was no good they couldn't attract real money into the company.
Now Babbkie is no good also?
I dont get it how could all the pumpers have been so wrong?
How could all the experts on the positive side of posting here not be correct?
How could all the bashers not be wrong?
How could all the bashers not just be after cheapies as they were called?
I mean didnt Babbkie run a steel company?
And he would never come out of retirement if he was going to take Zevotek over the top?
I mean he had skin in the game right?
super preffered has more voting rights then all of the common stock. they win you lose so to speak. But its been that way from day one. So what your really saying is you either a) didnt know b) didnt heed all the warning signs
sold them already im sure
Babbkie did get his rewards and he sold 35,000,000 shares long before this news came out so lets say he sold at 007 how much did he make and it was all free! All he has done is lend his name to this dog with fleas and sits back and collects.
If anyone here thinks that Jeff didnt know then your kidding yourself. Jeff gives vague blanket statements that let the investor take themselves where ever it is they want to after he hangs up or finishes the email i bet he laughs his ass off.
What wrong with him, nothing. He was the man everyone was so happy was in charge. Don't you remember in february when everyone was so happy he was the new man at Zevo-split.
Where are all the posters that spoke with Jeff who reassured them they had no plans for a reverse. Man thank goodness for those guys telling us that because i mean it must not be happening.
Jeff didn't lie they werent considering a reverse split at all. It had already been decided so they were no longer considering it, see how smart you guys were ignoring the evidence of a huge run in shares.
Hey could you all email Jeff again and ask him what is the next company line you guys can fall for.
lots of people posted about this for many months. Babbkie has been running the share count worse then the last ceo. they were out of stock at the end of the day thats whay it comes down to. Instead of an increase in authorized shares they crushed it to pump the value back up, and to give them more stock to dilute.
they probably have a retail deal in hand. So they crush the stock. announce a retail deal and put out an IR run to get in front of new investors and begin again.
honestly it will work too.
then they will dilute it again. wash rinse repeat. go check the Qwest mineral and mining board, check bio diesel. same game they always play. qwest had product they mine coal. its never about the product its about the paper.
thats true next will come a retail detail but won't appear with the retail deal is no real financing. So the game is that the share count has been reset and now thosae who hold the notes can begin to be issued more and more and more shares and run the tote board and line their pockets.
Don't assume the retail deal is that profitable because damaged items and unsold items will be zevodrecks expense. So if the product doesnt sell like gagnbusters they have to buy back the inventory and then what?
Oh Golden Monkey and Magic Charts where are thee now.
Where are all the posters who rejoiced over Baboonkie they went banana's when he came in riding on a white pony. And they sang his name and they praised him and he would lead them to the promised land and he was the new messiah and he turned the dilution into wine and you sang praise unto him hallelujah.
What ,he was a false prophet? He is interstellars puppet? The toxic financing remains? No it can't be he! He has skin in the game. He ran a steel company so of course he was a green ennergy guru. He was the MAN.
He was the annointed one who could do no wrong. But But But how could he do this I mean why but what the heck no one told anyone thbis sort of thing could happen i mean all the other companies this group are involved with are so clean....
If only someone told people this was plausible.
hahaha there will absolutley be more dilution unless when the retail is announced they get real financing in the door to buy out the toxic financing. As long as interstellars 0001 par rate is in place and not bought out.
im sorry what happend? A what a reverse split? man if only people on here had been speaking about that if only some posters on this chat board had mentioned that with their share count rising closer and closer to the 5 billion shares they had authorized.
Its just all so unfair that this came with no warning.
some one with a conversion price at 0001!
he isnt metacomet is suing
he is from the same area as interstellar he is probably in their pocket. all he has to do is sit back and cash out stock and let them do whatever they want. if he is clean then let him use the retail deal to buy out the toxic financing
they only have 1 billion shares left after the end of september with all of the toxic financing in place and interstellars insane par/conversion rate there is no choice but to do either a r/S or an increase in authorized. It will come on the hinges of a major announcement im sure because that way it will be palatable for some but all it means is the race is on to burn as many shares as toxic financers can.
You know what would be real news: Zevotek gets institutional money to buy out the toxic financing with the retail deal. if that happended share holders would stand a chance but interstellar doesnt like anyone else to play
Babcock+interstellar+toxic financing= reverse split plus retail news = interstellar then selling into the news = the printing press running all over again=retail news being used to lure in new investors as they run the share count again you all know this is true so stop denying it
Im sure the sale time was preset already it will just come in front of the RS that is coming.
Babkie will dump his 35 million shares right before the reverse split
because its free money on the backs of your investors the same way toxic financing is
ive made my money on this company now ill sit back and laff as im right.
cant wait for the share count to be 4 billion the retail to be announced and the reverse or increase in authorized to happen i will laff my ass off
a million ways to make this product work.
but a billion shares sold is more important!
There are so many ways to make this a better company. Like get a famous cigar or cigarette smoking spokesperson to promote it. Get it in High Times Magazine. Woody Harrellson hemp product promoter would be great for this but nah its easier to just burn through billions of shares of stock like interstellar always does
they should take all of the monies from their dilution and re-shoot the ad. the new ad should mention that they are at amazon, it should mention how many 5 star reviews they are getting. they should shoot a professional commercial.
At least a 50 to 1 reverse coming along with the retail deal
There will be a retail deal and a reverse
there will be retail thats why they had a massive but futile and horribly acted ad campaign. they will do retail and then since they are so close to being out of share they will either do an increase in authroized or a massive R/S to push the price back up.
but big retail deals are not guarenteed sales if the products don't fly off the shelves they have the right to return them for their monies back and goods damaged in shipping are the sellers problem. per some one i know who is a retail purchasing agent and depending on the retail chain its with , the bigger the name, the more stringent the deal is.
You'd have to have a research and devlopment team aka r&d oh that's right they don't do that or patents at zevoskunk they just sell stock
dont say that if it goes to .0001 id have to buy back in! I have a stash of stock im going to rid myself in the next month and then you all can be rid of me LMAO
go on line and find out how many diffrent places u can buy similar bulbs from the direct source. ZVTK is a middleman and a poorly run one at best. Today we read via a post how a big retail deal is just a few months away.
A few months ago the due date was september.
In october we will hear how starting in the new year they will be on retail shelves.
In January it will be wait till the spring and so it goers and so it goes.
There is zero accountability at this company and there never has been.
they have zero protection which is why if you wanted you could goto the source and order bulbs in bulk yourself the same way they do.
Viatek agreed to pay royalties and never gave zevocrud a dime
Jeff carlson stated they wont get a patent he works for them their own guy said its likely a patent will never be given.
Telling you they have big retail plans in the next few months same old song and dance since Engel was CEO just keep pushing the date further and further away. I honestly do believe they will have retail and they will expand the authorized shares past 5 billion as well.