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Just sell then buy back at .0005, VFIN is always top ask, he has no limit.
This company and stock are worthless. It's a SCAM.
The whole reason the website exists is so that the CEO can sell shares to line his pockets.
The website itself makes no money, revenue of $10,000 but CEO gets a bonus of over $300,000?
Who pays for that bonus I wonder? Now we get news of triple the authorized shares?
I'm even willing to bet that the revenue is from friends of his "buying" the service.
Let this go to the cellar box where it belongs.
Buyers are only supporting this kind of abuse.
WOW look at all those diluted shares, the O/S has exploded. And with the news of 2 BILLION more shares available to dilute, this is going to triple zeroes by the end of the month.
Meanwhile we all have NO IDEA where this money is going. How can two freaking websites require this much money. I'd understand if this was a biotech but its one dude in an office suite.
We need to contact the SEC on this one folks.
Shakerz and Moverz did a crap job on promoting REAC.
Promo started on May 1st, and from there down EVERY DAY.
Look at that chart, boardmarks dropping every day.
What were you guys doing all month? Can the CEO get a refund?
Dunno why anyone would pay you guys anything for your "service"
VFIN killing it AGAIN... Seriously let it breathe you asshole diluter.
At least he isn't selling below 35, so this should be the base.
VFIN moved, now close at .004 please!
Charts don't mean a thing when you have VFIN, BKRT or VNDM with unlimited shares as the top ask. You think the CEO is looking at the chart? Take a look at the one month chart.
On a side note it seems the VFIN's limit is 0.0035, he hasn't gone lower than that yet.
Good buys, but not getting past VFIN without more volume, who knows though
Take off those rose tinted glasses, this POS will only go as high as the CEO lets it, and right now that is lower and lower. REAC is a strong contender for shittiest stock of 2013. Already looking like a scam to me. I've finished writing the mandatory demand letter to Robert DeAngelis so I can start my claim, once I've mailed it out I'll post it here.
Funny you should mention that, I have been telling my girlfriend the same thing all month. Investors need a bit more shielding from excessive company dilution. Why is the CEO allowed to dilute day after day after day for a month straight? We are down 90% from 30 days ago. The system is flawed on every level and it goes all the way to the top. Unlike you I have completely lost faith in the penny market and will try to break even on this POS then never look back.
CEO needs to be given the "ole yeller".
See you guys at .0015 for sure.
Don't spend a dime here if you value your money.
*rimshot*
The fact that we are #15 on the breakout boards and yet there is still zero interest speaks volumes of the whole picture. This thing is done for.
Yup, absolutely shameless dilution coming from Robert DiAngeles. I expect to see T-trades at the end of the day. Now VFIN and MERQ are chasing the ask to see who can dilute more shares.
This dilution would be negligible if we had the volume that we deserve though. Wonder why a company like Apple can dilute millions in a day and still close green with everyone oblivious to the dilution? Volume.
On the other hand we have REAC, no volume so if the CEO dilutes $1000, we go down -5%. It sucks, he needs to increase investor confidence because without that we will never get volume and the PPS will continue to drop as a result.
See what did I say? They are obviously diluting with no limit. If MERQ doesn't get the volume, he will keep dropping the ask. Everyone might as well pull all their bids and let him drop it further, this thing is toast.
Don't worry, you'll get the volume that you want once diluter MERQ gets tired of waiting and impatiently dumps onto the bid.
Instead of bashing on the company, I am thinking of reaching out to the CEO. While I have lost a lot of money here (we need to shoot up 300% before I even break even) and that has been blinding me for a whole month, I see the huge potential here.
Currently I work with Google Adwords as a pay per click manager for multi million dollar companies and I see the value of what the CEO said in the 10Q. He knows what needs to be done to reach the market, he isn't an idiot.
I will offer him my services for free if I have to if it means I will get my investment back. Robert if you are reading this, please reach out to me. This is literally the only opportunity I'll be giving this company/ceo to turn the tables before I file a claim.
From the 10Q - small analysis
We plan to grow revenues in the next 12 months by undertaking the following steps:
·
Devote greater resources to marketing and selling our services such as developing and creating a more productive advertising sales division within our company by the hiring of advertising sales account executives. (great news, the company will finally have more than 1 full time employee, huge step for any start up)
·
Focus to expand our network of advertisers and real estate professionals by increasing our online presence to include various marketing channels such as the major search engines, Google, Yahoo and Bing. Perhaps they will use pay per click or better SEO
·
Expand our company’s public relations by creating more brand awareness on the internet. An example would be to focus on other social media websites such as Facebook, Twitter, and LinkedIn. Thought they already had this?
·
Develop other marketing programs to efficiently increase our brand awareness such as email campaigns, newsletters, linking our website to other real estate business websites, real estate portals and directories. This is always good
·
We intend to continue, maintain and aggressively pursue to build our advertising campaign around all internet related marketing concepts, such as search engine optimization, pay per click advertising, banner advertising and social media networks. Isn't this the same as was stated in the second paragraph?
·
Focus on driving more internet traffic and unique visitors to our website by using these search engine marketing techniques. Getting redundant now
·
We plan to advertise on internet search engines and other websites, and supplement this advertising with other media to help manage and geographically target consumer traffic and lead volume. Ok now its really redundant
·
We plan to increase our online Search Engine Marketing to create more unique users. Measuring unique users is important to us because our advertising revenues depend in part on our ability to enable our consumers to connect with real estate professionals. We define a unique user as a user who visits our website at least once during a calendar month, as measured by our analytical tools. Again this is the same thing just with different wording, this is getting ridiculous.
·
The number of real estate subscribers (advertiser) on our website is an important driver of revenue growth because each subscriber pays us a yearly fee to participate in the advertising of their services.
·
Build, develop, market and hire national sales account advertising executives and create additional revenues by offering real estate professionals for a yearly advertising fee the opportunity to have their own real estate video channel on the internet. Again this was already stated in the first paragraph
Ok so basically all of this could have been truncated into two paragraphs. Seriously why was the same thing said over and over with different wording? Anyways, doesn't matter much. The best news was the hiring of employees, thats huge. Perhaps this is why there was a need for dilution? Everything minus the share structure is an improvement over last year, but isnt this the best possible news for any start up?
I'll be shocked if this bounces. Hey Robert, contact me, I know you read this.
No its not, if it turns out there was a good reason to halt the stock, we will have a valid claim in court to retrieve the lost funds and then some. I plan on getting this halted and DiAngeles prohibited from owning stock in the future. My losses are nearly -80% and counting daily, at this point I have nothing to lose.
Robert DiAngeles is a thief plain and simple. I have already submitted all my paperwork to the SEC, my broker, and my lawyer. Soon I will file a claim against the CEO. This was a company orchestrated pump and dump. I have a list of people that were paid off by the CEO to pump his stock, such as Shakerz and Moverz.
Please visit https://denebleo.sec.gov/TCRExternal/questionaire.xhtml
Select "Manipulation of a security" then "Pump and dump scheme"
Robert DiAngeles is probably thinking he hasn't broken the law. I will send him my demand via mail in a few days, which is what I legally must do before I start this process. Reality will soon smack him in the face once he gets my subpoena.
No T-trades for the past couple of trading sessions. That's good. This just needs volume now. I strongly believe we can see a large bounce if we getting the buying pressure and VNDM doesn't reappear.
10Q and other news is sure to come by the end of this month. We are less than 1.5m market cap. We were over 10m one month ago. With or without dilution, we are down 90% from last month on very tiny volume. Yesterday down 15% with less than $10,000 traded.
This is different, this is the CEO selling shares to line his pockets. I'd be willing to bet that not a single cent of our hard earned money is going into the development of this "company" if you could even call it that. This is on the path to triple zeroes.
I'd like an explanation as to why he is diluting so god damn much, where is our money going to? These are things I want answered.
This isn't going anywhere. Regardless of where VNDM is on the ask doesnt matter because he is bid wacking relentlessly. In fact, I would go as far to say that he is probably the only one actually bid wacking.
Look at the trades
http://ih.advfn.com/p.php?pid=trades&symbol=REAC
If you open up calculator and add up all of the sales, it will add up almost identical to the t-trade at the end of the day. To add to that, Robert DeAngelis was the first one to start bid wacking today, notice how the t-trade ends in 8 shares. Well the only shares traded today that ended with an 8, were the very first trades today, and they were bid wacks. Put 2 and 2 together.
The CEO is going to bid wack us into the ground. I don't understand why he would choose to dilute when there is virtually zero volume, does he plan to bring us to triple zeroes by the end of the month? Does he think that the lower he gets, that there will magically be huge interest in the company?
10 red days in a row and counting. The CEO is not getting the volume that he wants and he probably never will. Expect this to keep sinking as he continues bid wacking us into the dirt. He is basically telling us that his stock is worthless, why else would he dump at EVERY chance he gets?
https://denebleo.sec.gov/TCRExternal/questionaire.xhtml
Manipulation of a security -> Pump and dump scheme
http://www.finra.org/Investors/ProtectYourself/p118628
http://www.nasaa.org/about-us/contact-us/contact-your-regulator/
The CEO will need to justify this dilution and seeing how he has no employees and only two websites, I doubt he could. I'm investing in this company, not in his personal affairs. Every cent of my investment had better be going into the business. He is walking a fine line, teetering on securities fraud if he doesn't produce the goods.
VNDM was just head faking. He is back now and continuing his dilution. Can't stand this POS anymore honestly. This stock is a nightmare. look at that chart.
And of course the low volume walk downs continue.((TEN)) freaking red days in a row incoming. This time around its retail though, VNDM has backed off.
Needs a tall white candle to undo the low volume walkdowns. REAC is no stranger to big white candles.
Also down over 50%, and the monster dilution continues.
I encourage everyone with a huge paper loss to fill out this form:
https://denebleo.sec.gov/TCRExternal/questionaire.xhtml
Look at this
http://www.shakerzandmoverz.com/
REAC > www.shakerzandmoverz.com has been compensated for services of news, irp and market awareness 1 month $2,500 by Company 5/1/13
Looks like they are doing a shitty job.
I guarantee you this would bounce very hard if VNDM were to just disappear right now.
Gap had nothing to do with it, this POS would be at this same PPS whether there was a gap or not. Like I said, it's all just horse crap. The gap was "filled" only by coincidence. This could drop further with the toxic dilution the CEO is spitting out.
No, if I sell I lose the ability to file a complaint with the SEC and the following lawsuit which will allow me a chance to recover my losses and more.
I have to keep the paper loss, in case this turns out to be a scam, which is likely at this point from what I'm seeing. Besides, selling after 9 red days in a row is risky and gets riskier as that number goes up.
Regardless, I can live with this loss. Just pisses me off how scumbags like Robert DeAngelis can get away with things like this. There is a special place in hell for people like him and karma will pay him a visit soon enough.
The only hope this POS has is a giant influx of volume. We need one big white candle day and it will instantly recover.