Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Because you are asking 2 separate questions. Is the company in deep financial trouble? Yes. Does he believe they will figure it out. Yes.
Why lie, as I have said many many many many, many many times, if there was something here, all of these companies would simply go to John Fife and buy the entire company and that deal can be closed in about 30 days. He has liens against all the assets, which is a very convenient fact that you like to forget. They can't pay off the loan, which is another fact that you'd like to forget. As a result, they cannot stop the foreclosure. Stop lying
Oh stop. The Vegas odds on timely filing are 35-1. NT 10Q most likely to be filed.
People ask that question often. Same reason why people go to casinos.
Well that's true. Nothing really to cheer about. Kind of like the homeless guy who has no food saying his diet is working.
Although my 2 favorite VH songs are Ice Cream Man and Running with the Devil.
One of the best drum solos ever although it was recorded with multiple tracks
For personal not corporate
September 30 financials filed
I don't believe their current operating expenses are anywhere near that number. It's sort of a catch 22. Operating expenses are low right now because they're not growing shrimp. If they start growing shrimp again, operating expenses will probably be higher than the number you're citing. Key is operating expenses. Not non operating.
Thank you for not calling it a scam. The one sham I pointed out is the preferred stock sham. A made up lawsuit. I wonder if the lawyers negotiated on WhatsApp. lol
Has the company filed bankruptcy or Mr. Sweat?
I am very impressed how the stock continues to hold north of a penny
Disagree, in some ways I believe the SEC finds him entertaining. If you don't believe me, consider this. 1% chance he paid the judgment. Take the he hasn't paid the judgment side. No lien on assets, no post judgment debtor deposition.
I believe a company that is in the spark plug business has much deeper worries than a shrimp technology. Somehow, I envision the executives dreaming about typewriters as if it was 1980 and they are dreaming that they are Smith Corona executives. I hope you get my sarcasm. Not much of a future in the spark plug business.
I want to be entertained. What does GHS do different than Fife.
They are small players compared to Fife. Don't have the pockets to buy the company. Fife does. Fife can tie up $50 million in SHMP and not die. The others could not.
I don't disagree. If the technology was worth something, Fife would tender to buy the entire company and take them public in 2 years. However, I don't see him laying out an additional $15 million in exposure. Not a fan of Fife but a smart guy.
The self deprecating angle doesn't move the needle. Once again, it's not material.
And when they change the office space, that needs to be announced. You're a smart guy but you look dumb when trying to make it personal. The office address is irrelevant to the company's chance of success, and really not material in terms of financial statements.
Uber really. Come on man. You have any clue how many offices a company like Microsoft has. Under that theory, anytime, they close down an office or open a new one, they should announce it to shareholders. They would be putting out a press release every three days.
Dude you're splitting hairs. The SEC would laugh if you said moving an office is material. Come on man
Just curious. Since we all know the company is in deep financial trouble, just explain to me why the office space is so important to you. Besides the fact that talking about it makes the company look bad, why is the location of their office space part of the equation of whether they'll be successful.
See HHS letter to DEA
Actually 45 years experience. Anything else you need to know?
Sorry, you're wrong. They have well over 20 million in debt, virtually no cash and virtually no revenues. That is the reason it is where it is.
Where did y'all come up with a rule that a market maker can't short this below a penny. Ya'll is wrong. And it's not really short. They sell under the responsibility of making a market and are required to cover within 72 hours.
Great question. Possibly illegal on your question because it would be deemed to be market manipulation. GHS can make that decision but once it's in coordination with the issuer, it would probably be deemed to be market manipulation. As I said about 2 months ago, every toxic investor has a hard time clearing stock that is below a penny. That is why the hold on a penny However and as I indicated on or around January 19th, I still expect them to drop below a penny. I don't believe they're raising enough capital with the current sell rates to stay alive.
KISS. I'm sure you what that means. Humid environment that is well north of 80 degrees in the summer causes more damage. Everyone of these buildings requires a sophisticated HVAC system.
Put it this way. Put an uncovered hot tub in a 50 degree building and see how often the heater needs to be on to keep the hot tub at 82-84 degrees. Point is the building and the hot tub needs to be heated. Except for South Florida, there are few places in the United States in which heating the building would not at least be a consideration in the winter for any SHMP facility. That is why I have always focused on costs to grow the shrimp.
So an electric vehicle company goes public via a pink sheet shell that has no 15C211 in which the CEO of EV Electra got the useless shell from his buddy
That happens with any stock that has been north of a penny for a long time that finally comes back to penny. It is not in anyone's best interest for this to break a penny
99.9% of all toxic financings work on a multi day VWAP previous to the day that they contact the company to convert. I don't have time to look for the GHS terms but I would bet it's multiple days. Would be surprised it's one.
Do what you want. You'll just have to go to summer school.
Dude you are so sad. You have no clue even how to calculate book value. The book value is zero. Simple calculation.
Oh you'll be back. You can't help yourself.
Maybe you should start with total assets less total liabilities. I believe in class participation. What is the number chief?
Sir, please come to class. There is no book value. Zero. Book value is in the class titled accounting for 4rd graders
I don't agree with you often but spot on.
Utah, if Fife sues the company over the Preferred, he wins on Summary Judgment. You know it, I know it and the company knows it. Fife also knows it. He has a lien against all the assets. The company is worth a few million in liquidation. That is why he hasn't foreclosed.