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Here is the perfect predicament I was in: Approximately 3 months ago, I bought the ticker symbol EPE (EP Energy) oil sector. Thinking oil had bottomed out so I thought EPE had bottomed out too because oil stocks generally run parallel with oil futures. So, I bought the stock at $2.50 a share, 5000 share, if you do calculation that's $12,500, a few days after I bought it, it went to $4.00, then it started getting downgrades from analyst, especially Moody's. Suddenly, one day, it took a big hit, dropped a 50% in one day, that it is generally uncommon with the big board. Short interest was at 52%, which I liked a-lot, so because of the drop, I called investor relation and asked a few questions, they said, a large holder, decided to unload and that is why the stock took a beating, so I asked more questions about their future prospects, he said, if oil stays where it is now, or gets more distressed then company is in trouble, which he lied because the companies loans are not due till 2018. So waited another couple of weeks, while the stock kept getting beaten, so I decided to sell at 1.84 and book my losses. About a week after I sold the ticker climbed to 7 and change, if you do the calculation, had I held on to it for one more week, I would have netted more than $25000. So the moral of the story is that you have to be patient and believe in your intuition. I truly believe in the end that Klean will merge with Harmonic, don't let your emotions dictate your decision. I truly believed in EPE as I still do, but I won't chase it now. The situation is no different here. The management was not forthcoming with me, other than the fact, when I asked him if oil reaches 60, which I know it will, can they survive, he didn't give me a direct answer, but he said, if you look back when oil was at 60 the ticker was trading at 16 and I already knew he was right. I also knew their cost to produce oil is at $36 a barrel and they were hedged all throughout 2016 for all their production at an average $85.00 a barrel, which is unheard of in the oil industry, but I let my emotions dictate my decision to sell the ticker, although wholeheartedly believe in EPE and their future ambitions. Essentially what I am trying to say is, be patient and it will payoff, especially with this. Clean and Harmonic are going to merge, it's not a matter of if, it's a matter of when. The company is not going to send any signals, they probably want to wash out as many shareholders as possible. Have you though of that. MM are in full force to wash anyone that second doubts this merger.
Boys and girls, just noticed the action. I was away running errands, I have to say WOW, who got lucky with the 2. Needless to say, this was a perfect example how trees are shaken, MM's took out the stop losses. Just a little advise, keep the eyes on the ball, nothing has changed, nothing. There is nothing out there that would justify the selloff. My instincts tell me that we will hear something next week, but if not next week, then one day and that one day, would probably make a huge difference in your life, for the better. I hope I get those prices mid-next week, I will load another 100,000 shares, then I will hold a good 155,000+100000+255000, my 1st batch was 1.5 125000, 2nd batch was 3.9 30000 shares and I hoping I can see that 2 or lower again so that I can add 100,000 plus to my batch. The update from Klean today was insignificant, so if anyone that sold today, to think because they didn't mention about the timeframe of going public is totally wrong. I have always all along acknowledge that if we don't hear anything about the merger, this will selloff, I was just a week late in my prediction. Peeps decided to wait it out one more week then I had anticipated. Going into next week, if we don't hear anything, this is probably going to the 2 again and the 1s. Be prepared for it, just a warning. If news hits those who bailed won't be able to chase it anymore because it will open 1+ This is a different animal.
Grolden, you have been MIA for the last few days. Hope all is well, had a ?. Do you think this is the update he was referring to when you spoke to him last? Thanks in advance.
An invention patent is valid for 20 years from the date of application which means Klean's technology, formulations and business applications are under protection, preventing others from copying or using its technology without Klean's consent for up to 20 years when awarded. - See more at: http://www.kleanindustries.com/s/Press-And-Media-Info.asp?ReportID=745545#sthash.55JLLnnR.dpuf
Almost the same sentence in Harmonic's literature.
Anyone has any doubts about the merger, better bail today. Because if you can't stomach the wait, then sell and move on, since you probably haven't lost that much, Nothing about Klean's update, suggest otherwise. The only thing that concerns me, if this is the update he was referring to when Grolden spoke to him more than 2 weeks ago? Peeps need to understand this is not an overnight fly by get rich quick ticker. However, once the news most of us is looking for hits the wires, this will fly overnight to dollar land, no 0.30-40-50's. It won't give time for peeps to digest the news, one single trade will probably get us to dollar land. Everything on the DD and sticky points to the direction of the merger, unless those sticky points. It's just a matter of time. Patience is a virtue, this kind of situation is not for the faint of heart, you got a stick it out. Stay away from the computer, put the ticker on alert, when the news hits you'll be notified.
1st page middle of the page to your left. Under updates and news.
Make no mistakes, this is a merger in the making. They have been working out the details for a long while now. It's just a matter of time before the official news hits the wires. When it's awfully quiet like it is and has been the last couple of day, that's when you know, the tide is going to turn around in our favor. When it does, not if anymore it will be a huge. Like I said, no LOI crap in the mix, just announcement and an 8k following an announcemet. Harmonic and Klean, will not, repeat will not issue a press release about an LOI, this is long overdue, this won't give time for those who are contemplating whether the merger rumor has any basis to digest on the news. When the official merger is announced, overnight monster move to dollar land, maybe even 1 trade will got us there.
Ok peeps, I am officially on board now. Lets see if it can do what TPAC did. Waiting for some awesome news April 20th. If the CC has any good substance, I don't see any reason why this won't trade pass 0.001, but expecting better results, shooting for 0.007-8. Vantilian, thank you for recommending the ticker after I stumbled on it yesterday.
At least you are trying, but how do you explain the $250,000 worth of cigars? Wholesale or retail value? It is clearly stated in the pr, that retail value $20 for a cigar, which contains, I forgot, either 20 or 25 per box, that equates to $250,000 in retail price. SANP does not pocket that $250,000, at the most, they will probably pocket $85,000 maybe less, I don't know their profit margin, but I am estimating 35%, before expenses, such as, shipping cost, payrolls, commission, office space, and etc. When you do your homework get into the needy greedy stuff. The A/S is about conversion you say, watch and see what happens with next couple of days, this might hit 5...6...7...even 8 in the coming day, he will spread the shares like a butter on a frying pan and when that happens, it will dive back to 0.0001 again. I have to give you credit though, you are trying and for that reason, I may jump on it tomorrow, lets see if I can gobble up around 8 million for 0.0002 for some fun. It's some pluck you money, if you know what I mean. My argument is only for the person who said this was going to 0.036 and if that's the case with my 8 million shares tomorrow, if I should get it, according to him, I would be styling with a nice $280,000 in a few weeks. Must be nice to think the way he does, I mean sure, I have made $60,000 with CDII in a matter of 4 hours, but honestly, no way, no how, it's possible with this. I can see it going to 0.005-8 best case scenario, provided that they come out with an awesome news.
I believe you know. I believe you made an honest mistake. That's alright though.
Great post. Thanks fellow trader. At least someone with some common sense.
It doesn't matter to me too. Either way, heavy stuff is going on behind the scenes. However, I would have to say the "Quiet Period" is and was irrelevant at this point because Klean hasn't posted anything yesterday or today. so now, we move forward by waiting for some news about the merger, not if any, but when. I have a strong feeling that the merger is between what we have here and Klean will happen, it's just a matter of time. However, I was surprise to see someone dump the shares, without considering what the potential could be here, today, tomorrow, Monday, next week sometime, or next month sometime. There is no rational reason for selling, other than, either they made over 600%, or he needed the funds for a different trade, they might come back, provided the the price point for ASUV is still here. All the DD, leads to one answer, it's not maybe this, maybe that. All the roads lead to this, that, ASUV and Klean will merge, if in-fact, Klean goes through the process. If Klean posts on Facebook tomorrow, then quiet period still alive and well. Wait, is all we can do right now.
I don't know what you're smoking, but this is going no where, unless he buys the shares back, just like TPAC did. Enormous share structure. 9 billion A/S, yes, that's right, with a capital B, O/S with a capital B. This is going no where, at best it will retrace back to 2 and stay there until he figures out what he plans on doing with the share structure. I bet nothing, just milk the investors and laugh all the way to the bank. Tomorrow, dilution in progress. Plus, like he stated, it's all cash business, how do we know, how much he really makes? He is determined to milk everyone in his path. Read between the lines before you make that kind of an assumption.
Enormous share structure. This is going no where for the time being, unless he does what TPAC did, buy the shares back. Otherwise it's dead.
If the price drops to 2, I will reload, my position 160,000 currently. I will most likely add another 100,000 if it gets there, which I highly doubt. It will probably get there around the 1st week of May, provided that Harmonic and Klean don't announce anything by that time. Keeping fingers crossed on this possible beast. Everything points to merger, if it doesn't I will be shocked.
Just curious to know, if this will run to 1 cents, within a few months. Maybe I will consider getting close to 6 million tomorrow morning.
How long have you had this?
Noticed that, I am just hesitant of the dilution that might be announced after I get in.
A/S is enormous. I don't think there is much down side, maybe another 100% drop, then after some great pr, it should run multiple day to 0.001
I am holding this for the long haul. However, I think we got a little carried away with "Quiet Period" issue, where Klean posted of Facebook and we all assumed news should be around the corner. If we don't hear anything by 1st week of May. I afraid it will be longer than we all anticipated. If Klean doesn't post anything today and tomorrow, then I think the "Quiet Period" is irrelevant. But, due to their recent post, it was sending everyone on this board mixed signals.
Does this have anymore steam? Anyone? I wonder, if it will do what TPAC did, share repurchase program.
have no skin in the game. Tempting though, but I don't know if this still has the momentum running into tomorrow. I like the business model, I use to own a cigar lounge too, But, I don't like the share structure, that is what hindering me. Otherwise I don't mind getting 6,000,000 shares and see what it does. Just needed some of you guys to enlighten me a bit. None of that stuff please, read the latest announcement kind of stuff. Just an idea about the share structure, does the company have any future plans to announce share repurchase plan, just like TPAC did.
I am not to concerned about todays action. It's one of those things. Whoever sold was probably up 700-800% already and didn't want to wait it out. But, once the news hits, it could this afternoon, it could be any day. He/she will wish she didn't place that order. Oh well, another mans junk is another mans treasure, I guess. Great opportunity for some to gobble up the cheapie, while they last. I personally never experienced this, but I have had several instances from Yahoo or stock twits message board, where someone sold the day before and the stock shot up 100%, they said darn, I wish I never pulled the trigger. This may very well be one of those scenarios again.
Another excellent article, which I previously read also. I am not too concerned about today's action. Someone most probably was up heavily, maybe 700%-800% and he didn't want to wait anymore. In the those who wait a bit longer will stand tall with a 5000-10000% gain.
The last couple of days has been very quiet. It's alright to be muted on this thing, it doesn't concern me one bit, knowing the potential of the merger and where this will heading to consequently. Dollar land.
Also an excellent post. You smile and I frown in disbelief why peeps haven't noticed it yet, is mind baffling? But, I know that want last long. Somebody mentioned in the earlier posts, that it is more likely that if the merger is true they will come out with a LOI and 8k immediately following the LOI, I disagree wholeheartedly. If and when the merger is announced, it will be announced overnight that the merger is officially final, without giving the public anytime to digest the news. If it's done like the way I said they would, then this is Nasdaq bound, if an LOI and an 8k then OTC. I don't think the company wants any information leaked until it's officially done. Imagine if they did an LOI and an 8K right after, .30-.40 tops versus overnight 2-3 and then a few months later after the nasdaq listing 4-6.
I think what has happened here is, a few things. Number one scenario was, Harmonic has been approached by many, many entities to probably license their technology, which they most probably rejected all offers. Number two scenario, maybe a major corp like Goodyear, or Firestone wanted to buy them out right, they probably rejected all offers. I think Jamie Mann, wants a bigger pie, that's why, they probably waited all these years for Klean to get bigger and badder for the inevitable Nasdaq listing, not to mention hammering out a deal, with either Jamie could be a tough one. I know, Klean tried going public a few years back, but that fell apart, for some reason. I personally think they (Klean' CEO and Jamie Mann owe each other a favor, that's why this deal is the most feasible for them, Jamie Mann owns the technology, already a publicly traded company, with a good share structure and low debt, on the other side you have Klean, who has the resources and the means to make the recycling tire industry, huge. At the end of the day, they are industry veterans with the same business concept. This and all the DD that is on the sticky point is a great recipe for at least a 4-6 stock within a few months. Hope it helps.
Thanks for sharing it again, but absolutely a good reminder. I had looked at that previously, when Grolden, then you posted those same links. But, what I am baffled by is the accountant being in Vancouver, Canada. This is not a coincidence, this is an RTO in the making. The writing is on the wall, though I admit, there is some grey area, like is the "Quiet Period" over, they haven't posted anything today, so if nothing tomorrow and Friday, I could only assume "Quiet Period" still ongoing. Only because, the Facebook fiasco a couple of days ago got deleted, no reply from the Klean. So I believe we don't see a post by Klean by Friday, then the is still going. It's just a waiting game now, it will be worth the wait. Just to finish off for tonight, if anyone is sitting on the sidelines this is an RTO in the making for sure. I'll be the first to admit that I seriously doubted the hype, but the more and more I put 2+2=4 Merger. I am extremely confident that we will hear something about the merger soon rather than later.
Also, I found out something that was probably was never brought up on the sticky points. Harmonic Energy's (ASUV) accountant is in Vancouver, Canada, the same location where Klean Industries is. This is an RTO in the making for sure, now that I put all the pieces together. We just have to wait and see when the news is announced and how good the substance is, such as, share structure (what do current ASUV shareholders get, forward outlook, future Nasdaq listing, and etc. We know, they have the same share structure from looking at their filings, we know, they have the same legal attorney, we know, Jamie Mann is the secretary of Klean Industries, so essentially a board member, we know, Klean does tire recycling too, but I believe that ASUV's technology is far better and that is one of the reason that I think the merger is inevitable. I think this been working on this deal probably since 2012-2013, they just have't been able to hammer out a deal. This is for sure Nasdaq bound, although Klean is not as big as Waste Management, but they are a fairly size entity. So, how much will it be within the next few months, is anyones guess, bare minimum between 4-6.
c'mon NITE up the bid, let it go.
Random guy could be on this board, possibly an impatient one or someone watching from the sidelines and is not sure. Either way, he is a caput.
I think Klean deleted the post, not him. However, I think this is the real deal because Klean could have easily denied the post by not replying to his post, they did reply in this case, by deleting the post. Which is a great thing. I don't think it's him, if it was him, he would have deleted all the posts that he posted. Klean, wants to come out of this as clean and smooth as possible. Bullet train from ASUV to Klean. I also think they are reading this board.
I don't know what you guys make of this. But the person who posted the question on Facebook, his post has been deleted for some reason. I know whenever you post something on Facebook, you can delete it immediately after the post, but you can't delete it after a few hours, much less a day later. Correct me if I am wrong, could Klean have deleted the post and if they did, then 12 day silence could be what most of us were assuming. I don't know what to make of it.
100% agreed. The most important for me right now is, there is no dilution by the company. Also, consider this, if they don't post anything on Facebook between now and Friday, that means there was no "quiet period" if they do, then I can say with confidence that Klean was definitely in for a "Quiet Period." Either way, if there were in quiet period, expect to hear news by first week of May, if they weren't in a quiet period for the the same reason as I have explained above, then we would have to wait longer, either scenarios, are in our favor.
Calm before the storm. This is the way I like it. No buzz, no news, and no denial. I think this is the real deal. When and if the news hits the wires, this is going to be monstrous ride.
I like that term "moron" can I add idiot too.
No one is waiting for an update tomorrow, I know I am not. If it gaps up, it will sustain the gap, this is going to have it's momentum till the rest of the week. If it was next Monday, then I will say you are probably right. Mark this post, 10 end of the week, possibly 12-13 Monday, then it will retrace back to 9-10 till pending news if any. I been there done that too, since 1986. Caught in many of those traps, but I know how the game is played now. If this merger has any merits and substance, we are going to dollar land. Why would peeps sell. Especially, now that is closer than ever. Tick, tock, tick, tock. You don't have to jump in, just watch. If it gaps, it will sustain, otherwise, peeps are just going to wait it out, no one will sell tomorrow.
Somebody posted asked a question on Facebook from Klean, like if they were merging with ASUV and he says they responded by saying they knew nothing of ASUV. This guy can't be too bright. You think for a second that they are going to say "yes" we are doing a merger with Harmonic Energy. C'mon dude lay off and let this thing do it's own thing. These guys are so desperate, it's unbelievable. Lay off people, if it's destined, it will happen.
You too friend.
Just like the way I think and you think. but everyone is different. I guess we'll have to see. You made good argument though. It's just a waiting game. But some will think, what if I cash in now and if the deal doesn't go through, at least I didn't lose my gains. Right?