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.
Is that why the stock is trading at .46? Because of all those buys? Really? Have you done any averaging down today? I assume you are still bullish. You can gobble up all the shares you want today under .48. I'll also assume that you do not have any shares that cheap yet. Although the way things are looking, tomorrow will be a better day, as the price seems to be going down every single day. You would think the stock price would be going up this week, in anticipation of all the wonderful news they will be releasing at the shareholder meeting Friday. Perhaps Phil Mickelson and the CEO from Walmart will be there...IMHO...
Some things to think about today. Yesterday we almost hit a 52 week low. We have already traded at .46 today. Yesterday also saw one trade for 30k shares at .49. Think about that. Someone had 30k shares to sell on one trade at .49. Who could that be? I can tell you it was not an investor who bought the stock at $2.00 and took a $45,000 loss. So it was an investor with a boat load of
cheap shares or the company needing money to keep the doors open. How many cheap shares are out there we do not know. The company knows but will never tell us. Look at the graph for vend. We are on a 12 month dump cycle after a two month pump cycle last summer. There is nothing keeping this stock from free falling.There are no new investors coming into the stock for obvious reasons. Nobody is looking after the stockholders interest. Management has been consistent with their lack of credibility and transparency. They continue to keep the hard facts from us. At the stockholders meeting on Friday they will only tell you what they want to tell you. If they get their hands on the additional 100 million authorized shares it could be game over. We need to protect our interests. Please file a complaint with the SEC if you are unhappy with the company and management. You can file as many complaints as you like. You can reach them at (800-732-0330) or go to their website at sec.gov. The more complaints they receive the better for us. We are down over 80% since last summer and the slaughter continues...IMHO...
The largest trades today were sales. One for 30k shares at .49. Another for 10k shares at .49. And another for 9k shares at .49. Another 5 additional sells of 3k shares or more. This pump and dump is now a year old. Scoreboard is .49 and dropping like a rock!!! We need to protect ourselves. If and when the company files for bankruptcy, we will get nothing except the price of the stock. By then we could be sitting at .10 or less. I have seen it many times. Please do not hesitate to file a complaint to the SEC if you are unhappy with the company and management. (800) 732-0330...(sec.gov)...IMHO...(Post 4 of 4)
I have no intention or desire to attend the shareholder meeting. I have already been there twice and know first hand how smooth and deceptive they can be. The only way I would go a third time, is if they were going to write me a check for my substantial loses. The first time I went to the headquarters in San Diego was about a year ago. The stock was trading at about $2.50. I spoke with Yates directly and asked him what he thought about the current price. He told me he thought it was a fair evaluation. Enough said. The second time was six months later. There was supposed to be a shareholder (informational) meeting. It was canceled but I was never notified even though I had RSVP. I was told Yates was out of town. Walmart was the rumor but they never told me that. At that time the stock was trading at about $1.00. While there, other high end employees gave me the impression that all the kinks had been worked out, and it was smooth sailing ahead. And then they were gracious enough to offer me some restricted stock if I qualified. It was to be at .65 with a minimum investment of 25k and a 6 month restriction. What will they offer us now? Restricted stock at .30? I already voted my proxy on line. I voted against the additional 100 authorized shares. I have no desire to pay for someone's 2nd or 3rd home while I go broke...IMHO...(Post 3 of 4)
You seem to dismiss that pretty easily Alvie. Let's not be naive. You know very well the SEC can't monitor every press release from every company. Nor can they get to and enforce every complaint. I have submitted several complaints. Take your pick. This is a classic pump and dump. The company ran up the price of the stock last summer with it's weekly press releases. Most of them were about sales. With every release the price of the stock went up. They knew that. If they also knew that they had no way of delivering on those sales, then you have a big problem. Then you tell the world through press releases and interviews that a global sports icon like Phil Mickelson is coming on board, and will be the proud recipient of 30 units. Perhaps even a spokesperson for the company. And what happens after that. Dead silence for almost a year on the matter. What do you call that? Perhaps your complaint will be something else. There are plenty to choose from...IMHO...(Post 2 of 4)
Let's be crystal clear. This meeting is for one thing only. To increase the outstanding authorized shares by 100 million to 200 million. Oh, and to change the company name to Generation Next. If it wasn't for that, there would no meeting at all...IMHO... (Post 1 of 4)
For all the shareholders who are unhappy with the company and management, I highly recommend that you contact the SEC and file a complaint. You can reach them at (800) 732-0330...Or at sec.gov The more people that complain, the better chance we have of having our interests protected...IMHO...
For some reason I just don't think there will be a big turn out for the meeting. I would say under twenty. Just guessing. I hope there are more and they tell him what a miserable job he is doing. I also hope he thanks us on I-Hub for all the constructive criticism we have given the company, and encourages other shareholders to come join us. But the good news is you will be able to be a fly on the wall. There will be an audio of the meeting on the website Monday August 5th. At least that is what they said in the news release, so don't hold your breath. I am sure it will be edited to make it sound good. I suspect SmokeAndMirrors will put out a fluff and puff announcement this week. This way he will try and distract from the gargantuan problems the company is experiencing, in addition to the massive amounts of money the shareholders are losing...IMHO...
How would you reflect on this post you made 15 months ago? Are you happy with the progress? The stock was trading at $1.00 then. We are currently at .51. Not a very good return on your investment. I wish I had only paid $1.00 for my shares. But I drank the cool aid...IMHO...
It seems as though everyone on here has done their due diligence. And everything we continue to hear and find is not very good to say the least. So, are you inferring that after 1,500 posts you still have substantial information that you have not shared it with us? I find that highly unlikely. All I asked is why you are still optimistic about this investment. If you choose not to respond, that is your choice. Perhaps all you have left is hope. But I thought the purpose of this board was the sharing of ideas good and bad. And as far as when I will cut my loses is undecided. I already regret not selling when we had that quick bounce up to .80. I do know that I am anticipating a substantial loss here at some point. Getting even here is not a reality with current management. How big that loss will be shall be determined by how the stock trades in the near future. Right now I am more concerned that there is no bottom in this stock, and it could free fall at any time with continued selling pressure. You should be concerned as well...
If you wouldn't mind sharing with us some of the reasons you feel that way, I am all ears. Any other CEO in America who saw their stock price fall by 80% in the past year (while the stock market is at an all time high) would have been fired. If Yates was doing his job effectively he would not need an additional 100 million authorized shares. The company continues to lack credibility, transparency, and disclosure. What and who are we to believe? Are there really 407 units currently placed? Where are they? Why aren't they listed? Why haven't we gotten more positive feedback from the owners? What happen to Phil and Walmart? And Printmates. Give me a break. Nobody invested in this company for that. I think getting whole here will never be possible. There are endless amounts of cheap shares waiting to be sold. And now with the extra shares coming aboard doubled to 200 million, this stock will never see $2.00 again. Not in our lifetime. There aren't any new investors coming into this stock, even at this price. At this point, all the shareholders can do is to decide where they want to cut their loses...IMHO...
Did you average down today Alvie? The two largest trades today were sells. The first one was for 10k shares at .49. The second one was for 8k shares also at .49. It seems like you and RoBozo are the only two posters left on this board, that are still optimistic about this company and investment. What do you think is going to happen to the stock price, when Yates gets his hands on the additional 100 million authorized shares?
12 of the final 13 trades were all sells. About 33k shares were sold in the last 30 minutes. I wonder if management even shows up to work anymore. It has been almost 2 months since we got a fluff and puff "sales" news release. Perhaps they stopped selling the units, because they have no way of filling the present orders, due to the never ending problems...IMHO...
Here comes today's bloody red sell off. One block sold for 10k shares and another for 15k. Management is toxic and must go!!! IMHO
How does Yates continue to get away with this? The company pumped the stock up to $2.79 last summer with their weekly news releases. The dump is now almost a year old. Today was another sea of red. Go look at the trades. Why would anyone invest into this company with all the due diligence we have now have. That was my mistake. Even though I went to the headquarters in San Diego twice, I failed to look into the history of the company and management. That is what I get for believing what they told me. There are probably millions of cheap shares waiting to be sold. They will be adding 100 million authorized shares in 10 days. Where is the light at the end of the tunnel? There is none. Not with this management team in place. I guess P.T. Barnum was right when he said that "there is a sucker born every minute"!!! IMHO
That is up to you. It also depends on what you pay. Let's say you buy 5 million shares for $1,000 at .0002. Why not put in a sell order for 2.5 million at .0004. That way you get back your $1,000 and have 2.5 million shares to play with if it runs...
If you buy some, put in a sell order right away for say half of your position, at what you would like to make. That way you do not have to be around if it pops, and will lock in a profit or have free shares...
As usual RoBozo has NOTHING substantial to tell us. And what is even worse is how Yates continues to hide behind him and FrankyKnowsitAll. He did not answer ONE question put to him. He must have learned everything he knows from SmokeAndMirrors, who will NEVER come on board and answer some hard questions that everyone deserves to know!!! IMHO
This was the worst investment decision I have ever made. That's what happens when you go to the headquarters, and get told by the CEO when the stock was trading at $2.50 was a fair valuation. Is .55 a fair valuation now Yates? And what will be a fair valuation when the company adds an additional 100 million authorized shares? I have never seen worse transparency, disclosure, and credibility in any company in my life. Management just seems to make it up every day as they go about their business...SmokeAndMirrors...IMHO...
I don't know. But if it runs like it has in the past, it will be fast and quick...imho...
15 of the last 16 trades were buys. Over 50k shares were bought in those trades with some big blocks going through. We got up to .61 with a bid of still .57. If that type of buying has only moved us up just 3 cents, imagine what is will take to get us to get back to .70 or $1.00. And the buying continues. Got up to .63. Let's see where we close today. The MM's control this stock with an iron fist, just like Yates controls the company... IMHO...
There seems to be some significant buying this morning. But as usual the stock stays in a very tight trading range. Everything about this company and stock stinks to high heaven...IMHO...
Weird...At the moment I am show a bid of .0002 and an ask of .0002...I am sure it will correct itself soon. That is from TD Ameritade....
You may think you have 10 years RoBozo. But the way it looks now, it will be closer to 10 months before the current management files for bankruptcy. It just doesn't seem to sink in for you. Try your very best to pay attention. We are trading at .58 which is down 80% from our 52 week high. Most shareholders including myself are getting slaughtered in a stock and company they were foolish enough to believe in. Every day there is heavy selling pressure that looks like will never end. We can never get updated on many of the elements that got us to invest in this company in the first place. And let's not forget about the additional 100 million authorized shares that management must be salivating over. Is there anything above that you are struggling to understand? Yep, it sure looks like smooth sailing from here RoBozo...IMHO...
How will we eventually find out if Yates awards himself a raise, bonus, commission, or additional shares? I assume he is doing quite well, while the rest of us shareholders are getting our azz kicked...IMHO...
"Scoreboard" is what happened there. Down 80% to (.58). Just like everything else we have to figure it out for ourselves. They will never tell us. Do you think Yates will show up at the shareholder meeting?
Thanks again for your perspective and feedback. Do not be a stranger. Your turn Yates. We wait in anticipation, but expect silence as usual...IMHO...
Not lately, but if you can snatch some .0001's you will not regret it....
Wow...If it ever runs again...It will run hard!!!
Wow...No feedback on gdogg1000 post? What about you Yates? What do you have to say about it? Or are you going to continue to hide behind your employees and fluff and puff announcements/articles? It is disgraceful when we have to believe an unknown poster, over the company and management that we invested our hard earned money into...IMHO...
I must admit Alvie, even though we don't know your "real" connection to the company, you are an EXCELLENT moderator!!! How you put up with me and some of the rest of us, should earn you a Nobel Peace Prize...
SmokeAndMirrors just continues to throw "everything" against the wall, hoping that "something" will eventually stick. It is just a matter of time until his house of cards comes crumbling down...IMHO...
Actually, the last 12 trades of the day were all buys. Perhaps it was just RoBozo averaging down...
BLAH...BLAH...BLAH...Down 80% from the 52 week high RoBozo!!! SCOREBOARD... How about an eloquent explanation of what happened to Phil Mickelson's 30 units? Did Phil and his business partner do some additional due diligence on the company, and decided he did not want to be associated with Generation Next? Go for it. Make it up if you like. Any explanation will be better than the explanation we never got from your boss Nick...IMHO...
SmokeAndMirrors...SmokeAndMirrors...SmokeAndMirrors...
I highly recommend that everyone go back and reread all of gdogg1000 (8) posts on Next Generation. They are all very informative and he knows the business very well...
Are there currently any class action suits that you know of? I am researching that now and consulting with several securities attorneys. I look forward to more vendors and disgruntled investors coming forward. We clearly have an excellent case to move forward...
One sell today for 9k, 20k, and 17k in the first two hours. There could be millions more. And in two weeks they will try and double the authorized shares to 200 million. Just think what they will have to give those shares away for, if the stock is trading at .40 by then...
The SLAUGHTER is on. Big sellers at the close yesterday and huge sellers the first hour today. The sellers have cheap shares no longer care what they can get for them. Below .50 and dropping like a rock. Come clean Yates. What is going on? Only you know and will not tell us. You are killing us by not disclosing the facts. Resign and do the right thing. These are good people that believed in you and invested in your company. You are destroying all of us with your cheap shares and mismanagement of the company...IMHO...
You can do better than that Alvie. Phil Mickelson is worth 375 million dollars today. Do you think once he is retired from golf he will be going down to service his 30 units 3 times a week? I for one am not even sure that Phil still has a deal with the company. They have not updated us on that, just like everything else. Do you know for sure that the deal still on? I would love to know. Or are you just going by a year old press release on their website, and assuming it is still on?