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Hmm... that's got me thinking! I do think we are probably overdue for a name change with new ticker symbol as that is the best way to disguise that all long investors (since OOIL) are now down >99% of their original investment.
So, if by "reorganize" you mean new name / ticker, then I'll offer you 50:50 odds for that happening by the end of the 2nd quarter next year.
As a long shot, you might be interested in my 20:1 odds for the CEO reducing his $360,000 salary in the next six months.
I'm currently estimating odds of 50:50 for another reverse split before Christmas
Odds for complete collapse by:
1st Q 2021: 3:1
2nd Q 2021: 2:1
3rd Q 2021: 3:2
4th Q 2021: 2:3
Any idea on odds for (i) jailtime, or (ii) kneecapping?
Well, I would say that the eradication of smallpox and polio are pretty solid successes for inclusive vaccination programs
If some of the Californian nutcases were less ignorant, we could say the same thing about measles, mumps, diphtheria etc.
I wouldn't mind eradicating malaria also
10-Q is out. Huge quarter. Revenues 4X higher than equivalent period last year. Reduced operating and net losses.
Take a look:
https://ih.advfn.com/stock-market/USOTC/enviro-technologies-pk-EVTN/stock-news/83673853/quarterly-report-10-q
(too much "spin", d'ya think?)
It surprises me that, maybe, 25% of the population (per surveys) would not agree to getting a Covid vaccine even if it was professionally administered, and free.
Wondering if you are one of those people?
Definitely hoping that you wear a mask and socially distance in public, however.
Best wishes / Oxonius
As he is a bad actor, I feel it is OK to say: "Break a Leg!"
<< 4 million new shares (yawn) at 2 cents that wont even cover Riggs ski vacation >>
This is a civil action in Delaware. Any idea what it says? Who is Brandon Dean? Should I be excited?
Chance of a dime, d'ya think?
It's been years and years but it looks like the shell is finally in play.
Looks like it is fully awake. Get ready.
Yawn - another 8-k; another 4+ million shares
The monstrous dilution continues unchecked.
MONDAY, Nov. 2, 2020 (HealthDay News) -- The coronavirus and the flu are two entirely different viruses. But a new study suggests those who get a flu vaccine face a considerably lower risk for being hospitalized if and when they get COVID-19.
https://www.webmd.com/lung/news/20201102/get-your-flu-shot-it-might-shield-you-from-severe-covid#1
<< Flu shots are recommended, but won't do anything for Covid-19 >>
Well, there are lots of candidates...
Whose greed are you referring to?
<< But, I am saying this outrageous level of panic is purely created and fueled by politics and greed >>
Just make sure you get your flu shot this year...
Could be a fairly quick journey through the 2's if true panic sets in.
Am thinking that a 1:100,000 R/S could get things sorted, followed by another new ticker symbol.
So, another 8-k dropped yesterday announcing an additional 3+ million shares. I'm sure they are being dumped when they are still warm from the printing press, but I do have to wonder who is actually buying all this worthless garbage.
I don't have fancy charting capability but I would love to post, say, a 7 year chart to the Intro. I have some shares in one of my accounts which have lost more than 99.8% of their value are are now worth under a dollar!
Time to bet big on the cryptocurrency project!
(sorry, I shouldn't be recycling tired old jokes)
If it goes any lower it will be time for a reverse split... oh, wait - we just had one!
I hear a lady singing in the distance (and I suspect she is quite a bit overweight).
Any idea what fully* reporting shells are worth these days?
* "fully" does not designate "accurately", of course
Today's headline:
'It will get worse before it gets better': Wisconsin shatters previous daily records with more than 3,700 new coronavirus cases
Milwaukee Journal Sentinel
https://www.jsonline.com/story/news/2020/10/15/wisconsin-coronavirus-3-747-cases-17-covid-deaths-reported-thursday/3667837001/
Hoping that their safety protocols are being rigorously enforced
Unfortunately, there are new COVID spikes in Wisconsin
Well, it's a BIG day - a new, all-time, record-setting, rock-bottom closing price! In a couple of days we may never see 4 cents ever again (until the next reverse split, of course).
0.039 -0.00425 (-9.8%)
The Emperor of Water Has No Clothes! (no hair, either).
He must be pleased that he secured 5!% control in perpetuity so that he can ensure that his $360,000 salary is always paid in cash, not in stock.
A new filing indicates another 3.5 million shares printed up and handed over - that's about 15% extra dilution in under a week!
At some point, those poor "consultants" are going to try and cash them in. I reckon they'll be worth under $0.02 before the end of the year (when there will probably be 30-40 million shares outstanding).
Note how the grifter ALWAYS banks his $30,000 monthly salary in CASH, while printing up worthless share certificates for most everyone else.
<< Don't You Wish we had Money to Join them ??? >>
Is this a joke?
Thanks! Looks like my estimations were pretty good, as your numbers are over a month old.
So, if we assume that Authorized count is 16 million and current Issued count is 20 million, what does this mean?
My guess is that they've simply filed paperwork to increase the Authorized count to who knows what amount? And, frankly, who cares?
At what point does the whole ponzi scheme collapse?
Well, my words were seasoned with a little sarcasm!
The plan is WORKING! Up over 400% today already! The sky's the limit!
Does anyone know what the current authorized common shares number is?
I had thought it was 16 million shares but this could be old news and I missed the filing where it got increased. There must be over 20 million out there these days for a one year dilution rate of, maybe, 500% to 800%
It sounds like you are doubtful that John has a plan!
It's very sad that the whole bundle of assets and embedded customer base is only worth $2 million. It's actually worth far more, but if they had found a real buyer Allen Wolff wouldn't have landed another cushy job with the acquirer. It is a complete disaster (but better than Chapter 11).
I like the deific designation of your uppercase "H"!
And I agree - obtaining a perpetual 51% control of the company for the huge outlay of $0.10, and trousering $30,000 every month, without fail, in salary is doing pretty well for himself (and that's just for starters!).
Quite astonishing for a guy that has no understanding of the concepts underlying the products and services that he purports to promote (but then the same was true of Billy Mays and OxiClean!).
From the CEO's email this morning:
<< I often wonder how I can do better... >>
- Yes, so do we all
Well, John knows what's best for shareholders!
<< You saw the 2nd Quarter announcement. Great numbers. >>
Great ???? The numbers are total and absolute sh*t !!!!
Just saw in the Fort Lauderdale section of Craigslist a bunch of 3 year old CNC machining equipment for sale; it is, apparently, "barely used"
Just think Musical Chairs (when the music stops once every hour)
If you look at the balance sheet and the P&L fundamentals (or lack of them) you can deduce that the company has less than 1 in 100 chance of surviving. All common shareholders will be completely wiped out and the remaining debt holders will lose most or all of their principal.
Yes, dividends are being paid (ponzi-style) so arguably the only way to actually come out ahead is to (1) participate in one of the debt offerings, (2) get a dividend or two, (3) exit, and convert everything to common, and (4) dump it immediately on some poor bag-holder.
My hope is that the crook(s) go to jail and that a large sum ($2-$4 million, maybe) is disgorged from the hustler and his family.
That's basically the shares owned by the "gang of three"
<< 23M shares voted for 3 year review of salaries >>
Basically it's a train wreck with failure as far as the eye can see (in the past, present & future).
The whirring noise you can hear close to Fort Lauderdale is Uncle Alberto spinning in his grave