RETIRED GE QC & R/E
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I would expect earnings date same as last year 11-11-14.
P.S. I stopped working many, many years ago & live very well on my diversified investments. Pennies are just a hobby of interest. REGARDS
Thanks for your tips. REGARDS!
I do have many Div. stocks filling my bank acct. & regretfully I also have loaded up on ACGX before I found out that this is a Dictatorship run by one man who can't be replaced. Sorkin & St.Louis will be on American Greed one day for you to see the whole story REGARDS
Well that's more in line with their self interest programs & to hell with the stock holders! Don't expect much from the next Qtr., maybe another net lose. The sub-penny game goes on!!
He is not on the Board of Directors as St. Louis is the only one. Why not have a Director to look over Stock Holders Interest? Now that would be a giant leap forward to raise the price!!
You misunderstood me. I'm bailing the water out to keep the boat from sinking. If your in the same boat it's how we keep it from sinking. As for the stock it's in an IRA so there is no tax advantage for selling $ that's why I stay in. Hope that clears things up. REGARDS
I'm bailing as fast as I can!!!!
All this talk & the stock price is frozen solid @ .0002!!
I've had the misfortune of buying into this stock on 2-22-10 & after over 5 years of disappointments any return would be great, being down 98% now!!
As a GE retiree I just spent 5 hours on the phone getting new health insurance for my wife & myself. That's 4 different acct. payments each month. Hopefully that $1,000 each from GE will that some of the sting out!
I believe the conversion rate of the Pref is 70% of the last 10 consecutive days before they convert. It is in their best interest to buy $1.00 or less to keep the closing price at .0010 so they can covert at .0007. That is after their 5% div stock is added in. This gives a return to the Pref of 35-40% upon selling at .0010. Nice 1 year return for them & they may do it again!!
The Co. & all other boards report the sale of 75 @ .0010 for no gain. Read the Co. stock sales. IHUB only one with 43%, which I consider an error.
Please explain 43%! Yesterday this stock closed at .0010 on 75 share trade. Today it closed at .0010 on 1 million shares traded. where did a 43% gain come from?
WOW! 75 shares, that's 7 1/2 cents!
Look at last years date, it was 11-11-14.
Just noticed you are the only one posting this year as I was the one last year. Apt rentals are one of my big things, with monthly div's. Look at IRT also. Sold all my income properties & get my monthly rental income from these things without all the hassle of repairs and evictions. Stag is one of my commercial plays. REGARDS
In the past Scott Trade charged $20.00 on R/S, so let's see what happens with this thing.
I vote all my shares to make you the new "CEO". RAH! RAH! RAH!
You say "IF", would you believe PAUL SORKIN Before a company can take any board action or action of a majority shareholder you need to show the shareholder has the majority. Therefore, the document you are referring to shows the 4 million x's 200 times or 800 million plus 100 mil restricted common and shows Steve with 900 million votes. That 900 million gives him majority to take action. The action was to increase the voting rights to 300 times so 4 mil times 300 times is now 1.2 billion plus his 100 mil restricted common. Therefore, he now has 1.3 billion votes.
I hope that helps.
Paul
Paul Sorkin
COO / General Counse
I look at dollars & cents not hopes,dreams & wishes. St.louis wants to keep that $200,000 a year he's given himself, plus 1.3 billion shares. A board of directors might question his cars & expenses. Get rid of this egomaniac & get some stockholder control. Then the price might rise with checks & balances in place. Just my view of what's wrong!!
The price is down 64% from 1-2-15. There might be a buyout at .0005 when the price is .0002 with 5 billion shares outstanding, unless a R/S happens.
They have to prove their worth to me & so far they haven't. What price did they pay for People Vine. Does it make a profit? Did it make a profit last year Or any year? Why wont they talk in dollars & cents like other Co's do? That's why it's a sub-penny with little volume.
Not if a buyout is .0003-.0005 a share. But then I paid cash for my shares, not like St.Louis, think about it.
They don't want anyone to go to work for them to find out where all the money is going. Why do you think they don't have a Board of Directors to check on their doings. They have a great thing going & don't want any investigations. All they do is pump fluff without any costs attached. The sad part is nothing can be done to stop it. If they issue more shares, St.louis will just give himself more Pref. G stock. PITIFUL
This Co. started the year at .0025 & has now lost 60% of it's value with almost no trading. Anyone care to explain such a miserable record, while management whistles all the way to the BANK?
Everyone has an opinion & I just don't trust people who's self interest gives themselves 1.3 billion free shares. Call me old fashion if you must, but I like to see dollars & cents in what they buy also. This Co. doesn't do any of that.
That nickle will come after he R/S the stock, which has no effect on his pref. shares, & everyone will be happy but the stockholders. Total stock shares are now at about 3 BILLION & climbing!!
The hands of management are working HARD! St. Louis gave himself another 400 million shares thru his pref "G" shares. This gives him a total combined of 1.3 BILLION SHARES at no cost to himself. Don't you think he is going overboard on his dilution of my stock investment or are you going to stand up and cheer!! It's good to be KING & answer to no one!!
Let me know if you find one!!
Got my answer from the Co. Before a company can take any board action or action of a majority shareholder you need to show the shareholder has the majority. Therefore, the document you are referring to shows the 4 million x's 200 times or 800 million plus 100 mil restricted common and shows Steve with 900 million votes. That 900 million gives him majority to take action. The action was to increase the voting rights to 300 times so 4 mil times 300 times is now 1.2 billion plus his 100 mil restricted common. Therefore, he now has 1.3 billion votes.
I hope that helps.
Paul
Paul Sorkin
COO / General Counsel
Now that we both agree that # should be 1.2B, the report states 900 million so draw your own conclusion as to why not.
If he had 4 million G shares @ 300:1 that should be 1 billion,200 million common. He must have only 3 million that converts to 900,000 million commom. Where did the other million of "G" go?
Bernie Madoff would be proud of St.louis on how he can create so much wealth for himself alone & have people stand up and cheer!!!
Last Qtr. St.Louis had 4 million G share equal to 800,000 common @ 200:1 rate. Now after raising the rate to 300:1 he only has 900,000 common on exchange. Looks to me that he converted 1 million into 200,000 of common to have 900,000 million now. that's why common was increased. What a guy for a leader!!!!
Look again!! St.Louis increased his series "G" conversion rate from 200 to 300 shares which gives him one gigantic bonus at no cost to himself. It's just like a license to steal. It's good to be KING & have no one controlling you!!
Same here!! Now I have 100 shares worth 25 cents. That's all they do, R/S this stock over & over again. Stay AWAY!!!
The QTR. states they plan to put $245,000.00 into People Vine within 6-12 months. Anyone have an ideal which hat this rabbit is coming out of within 1 year?
It looks to me that the price of PeopleVine is $400,000.00 of which $155,000.00 has now been paid. They Sugar Coat it as their investment but it may be debt from PeopleVine they are obligated to pay off. Same could be true with Four Ocean with a $50,000.00 price. With only $135,000.00 in the bank expect a lot of smoke & mirrors to pay off these items or a boatload of stock as in the past.
Take off the blinders, step back & take a good look. Maybe it will open your eyes!!