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Thanks Zaadx, really appreciate that. information.
I want to be able to at least accumulate 200,000 shares before an announcement if ever.
roiresearch, if and when the reverse merger takes place, what type of business will it be? Oh man!!! the float is the beauty here, just wish they would do something with the authorized shares.
Luckily, I was in the money, didn't lose a dime on this scam. I was willing to wait till the end, until I said wait a minute, this is best pump and dump I've ever seen. You would never invest $30,000 shy of $100,000 dollars in a shell speculative play, especially when it has history of bilking investors in the past.
I don't care what happens here, I just care what happens to future investors. Not you, not anyone who is holding here, the best thing you or anyone is who is holding right now, is to hold and hope for the best. After all, hope is a powerful term. At the end of the day, it's your choice to hold and it would be right thing to do. There is more to this than meets the eye, but as far as I am concerned, there are hidden bids that you don't see them on level 2, I know because it happened to me many many times. It is what it is, there was no reason for this to drop the way it did, the CEO doesn't have to dump the shares, but he can give them to pumpers so the pumpers can dump it for him, at whatever terms they agreed on. A team play all the way around, once a scam always scam, there is no if or buts.
Because I've been burned too many times. I am just trying save some peeps for the future scams like this, I don't want anyone to fall prey for these paid pumpers in the future. You can hold on to whatever you have now and hope for the best because that's all you can do to a worthless POS. Good luck!!!
Wrong!!! Very wrong. It's the other way around.
Lindy, Zaddx doesn't have an agenda. He's been burned by the "Fairytale" as someone else described it here. The pumpers have left long ago, I don't know when you got in, but this was a scam. Zaddx, just wants to put it out of it's misery. At this juncture it's already worthless, Zaddx will save other naive investors falling for this sometime in the future. What Zaddx doing is absolutely justified. In this case, the company didn't pump it, others did, the original peeps that were here, they all dumped their free shares on most of you, which includes me too, but luckily I bailed. I sensed this a while back, if anyone can remember, I use to say that this is not how a stock should behave going into speculative merger. I had a hunch that this was not a merger, but always till some 2 weeks gave it a benefit of the doubt, until one day I realized, this is all a scam nothing more. ASUVD is behind it all, but didn't actually get their hands dirty during the process kind of like the "The Usual Suspects", at the end of all, when you add 2+2=SCAM paid by for by Harmonic Energy. Remember, once a scam always a scam, now this shell company has bad blood, it will never recover.
I am sure it will violate some laws. But, since you are very good at this thing. I guess my question would be, if those shares are retired, does that mean it's a go, or it could mean other things as well?
The other one is taking a beating right now too, we'll see what happens. Best of luck to you.
What did they say or are you waiting for a reply?
Nothing has changed from the authorized shares, right or am I missing something here?
Wouldn't you spend $200,000, to make $2 million dollars? Heck you will and that's your answer.
And I'll drink to that....Salute.
Mark this post for your future reference. The upside will happen vigorously after July 4th. You may ask, why I think that? It's just a theory and if it pans out that way, then I will tell you, but for right now, all I am going to do is accumulate into weakness. There is no BK for this company, at least for a long, long time. So, hang in tight and you will be well rewarded. Those 5 min flippers are beer and pizza peeps, we are going for the big pay day, while they make 500-600 dollars for this trade.
"The stock market is a device for transferring money from the impatient to patient." Warren Buffet.
I guess very few prefer to own real company shares and most like to own pump and dump scams. I am not concerned one bit and I know you are not concerned either. This is destined for Nasdaq.
July 15th. Mark it.
At some point within that price change will happen. There is larger a picture behind the scenes that we are not aware, but something is in the works. Just look at the valuation of PRGN and yet they don't have any assets on water, they have nothing, nothing, the same CEO. I think he is destined to save this and let PRGN go.
There is absolutely no dilution by the company and the reverse split is not even a viable option at this point, share structure is already too small, the only way a reverse split would take place when this trades somewhere between 0.30-0.50 for them to consider a 1:10 or even a 1:15 for the inevitable Nasdaq listing.
I don't understand why peeps are still in love with this crap, it's like falling in love with someone who conned you. Peeps need to realize you can't force an issue, it was a pump and dump to begin with, time to move on.
Lindy, I am not bashing, Dina is right, she has tried to warn me a few months back and I didn't buy into it. but, now when I add 2+2 it all adds up for a pump and dump. "The Usual Suspects" here, who would in the right mind, with an ounce of brain, would invest $75,000 dollars in a penny stock and to top it off speculative shell company? No one with ounce of brain. And I think Zebraman is part of the suspects. I've conquered this, they are all working as a team. I trust you as much as I trust Dina, anyone else on this board I don't trust, and maybe a few others in between, Like hittin and Zaddx.
Already sold 1/3 of my position, if nothing by Thursday, everything will be sold to the highest bidder. Go a new baby to take care of now TEUFF, grossly undervalued.
I strongly believe there would be an announcement in that regard by EOW. TEUFF
I have read that already, way before I decided to jump on this. The reverse split won't take place until this goes 0.30-0.50, which I think they will announce somewhere around 0.40 a 1:10 reverse split and Nasdaq bound, @$4.00 a share if no dilution takes place. We'll know in the coming days. Market cap is ridiculously low. That will bring to OS down to 4 million assuming the OS is at 40 million and the float down to around 2.8 million.
Halbroke1, simmer down, this doesn't need any pumping. It's one thing to let everyone know that it's grossly undervalued, but to pump it like you do, that "Big Boys on Wallstreet on this Gem" is not right, you look like a pumper and I know you from another board. Please stop the pumping, the market will adjust the SP accordingly and right now, it's at bargain prices for a penny stock that use to trade on NYSE just last DECEMBER, valuation here is beyond crazy. CEO buying shares in the open market, lenders are cooperated till 2nd quarter of 2017. This doesn't need any pumping, you just have to let peeps know about the facts.
Oh please!!! You surely can up with better lies than that. Stick to the facts, nothing you say is based on facts.
What was so special about DNRG, you keep saying that. I don't trade penny stock that often, so I wouldn't know. Can you please shed some light on DNRG? Thanks in advance.
It will be obvious by the trading action, you'll know.
There is no gamble here, this is not a speculative play. However, after July 2nd the unknown will be known, until then this will head north for multiple days. It is just not discovered yet, once discovered this will definitely test out the teens short term.
This is where peeps will make some serious though, still undiscovered.
Hey flippers, why settle for beer and pizza money, when you can get Blue Label Scotch and Filet Mignon.
We need between 8-10 million volume, once that is established and 30% of those lock the float, then the rest is history,
It just needs massive volume, once we have that for multiple days, this is going to run huge. Grossly undervalued 0.30-0.50 short term.
Look at the news from Thursday and more importantly look at the market value.
It's already been dumped. Another mans trash is another mans treasure. Keep trying harder, the more of your lame posts with absolutely nothing to back it up, only proves that you have a personal agenda. Why else would you post if you thought this is pump and dump POS If you have nothing to gain? Mark it 500-1000% by Wednesday.
You buy, when everyone sells. More importantly, you buy when it's enormously undervalued. This is not FREEF, DRYS, NEWLF grossly overvalued companies, this is a value play. Yes, there is a reason why it went to sub-penny because most bailed and didn't think the industry will rebound. This is a major turnaround story and it will leave everyone on the sidelines wondering what they missed, should this register a 1000% between tomorrow and Wednesday. This is multiple day runner in the making.
That's all behind them now. Now moving forward, this company amended their debt, which looks like it happened in their favor. The SP is way in oversold territory, before the company got delisted most of the shareholders bailed. This has the potential of going to 0.30-0.50 short to mid-term and if you are not on the train then you will be missing the ride. There is enormous value here and either you don't see because you can't see the writing on the wall, or it's just your scare tactics to get cheaper shares. This could be beer and pizza money for you, as you claim, but to some there is some serious dough. I would suggest either you jump on the train, or if you say something, make a solid post to back up your opinion. No lame excuses, sub penny for a reason, or the ships are leased, which you agreed that was a mistake from your part, simply because you couldn't tell difference between an employment contract or a lease contract. More importantly, if you are a short, which I highly doubt because only an individual with a low IQ would short this, I would strongly encourage you or anyone who is thinking about shorting this to jump to the other side of the fence because this could gain 1000% in one day alone and have multiple day runs. This is no ordinary penny stock.
Now, with that news, I don't know how long they have before they can agree or disagree on the terms. It can be anywhere between 72 hours to 30 days before one can rescind the contract.
Once those agreements with the lenders are signed, this will easily shoot for the ranges of 0.30-0.50 on multiple day runs, then the next catalyst will be earnings report for the 1st quarter of 2016. I believe the earnings report is good and I think the lenders knew that already and that is why they decided to extend the payments till the 2nd quarter of 2017.
Your posts are nonsense, you stated in your post with a link to BOX SHIPS website that they are leasing these ships, so I am telling you that your information is misleading, either you are liar or just a troll with an agenda. These ships are owned by the company they "ACQUIRED" them not "LEASED" them, the company then contracts it out to container companies. The link you provided clearly states that "EMPLOYMENT" in case you couldn't comprehend that. Thanks for acknowledging your mistake, I'll give you credit for at least acknowledging.