Trying to hustle the dough
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Have a great weekend everyone.
Nice comeback today.
50k @ 002 after hours.
time for the 10 min power rush....
though we did have an after hours u/t yesterday.
I've been drinking everyday since the R/S rumor....
only because THE HAWKS Baby-- WOO WOO WOO!!!!!!
2 mil at the parade downtown today.
you can split the 18/20 diff now by hitting the 19 ask.
you can't bid anymore, you have to ask.
Here's the math behind my last post & why this is huge.
35mil x .0011 (closing price on 5/19) = $38,500
$38,500 / 2 = $19,250 (17.5 mil shares) per new Director.
Now if the common stock 40:1 R/S was executed @ .0011, the new price would be .044.
Should that price hold to the convertible date, the $19,250 each director owns in preferred stock would be worth $385K in common stock.
That's an inside 20 bagger they voted no to today.
High Five
This no vote might be bigger than we all think.
They filed for the r/s in April.
On 5/19 they issued 35 mil Class B Preferred convertible 2:1 after 1 year.
On that same date they added two new directors.
Surely the issuance of the preferred stock was for the noobs.
The r/s was for the common stock only.
2:1 convertible after a 40:1 r/s = huge increase in pps for the convertibles.
if they put the kaibosh on the r/s.... something big must be on the way.
44.5k @ the deuce was me.
Started a wire transfer... Once it clears I plan on rounding off my holdings.
I'll smack it with in the hour.
Very true, none sitting on the bid at 0001 or the dreamer ask at .5013
I was told on both Wed/Thurs, Gov't contract news coming Monday.
I've been batting about .750 in the info dept.
I concur.
Just yesterday's 14's flippers getting out with 35%.
Churn through this, eod will be righteous.
NICE!!!!!!
We don't need a PR today.
In all of the confusion that ensued on Wednesday, another poster and myself heard via the telephone- Gov. Contract News Monday.
Even before the deflating after hours on Wednesday, folks here called earlier and Frank said there'd be something out Monday.
The person/people that brought it to our attention had no good intentions.
They are not the people that called & called until a meeting was scheduled.
They brought it to our attention because they wanted to laugh.
Laughing at another's dilemma makes them feel good about themselves.
The first post about it said Huge News!!!
And included a HAHAHAHA at the end.
I didn't personally attack anyone in my message that Johnny4 replied to... the deletion of that message was bs.
I only wanted to thank ill wishers that brought the amendment to our attention.
Without them we might've not known till it was too late.
Because of them, we were able to all come together and blow up the phone & get shit done.
Thank you ill wishers.
Lonnie.
Dear Dumpers,
Just got off the phone with Frank. First words out of my mouth, "how's your ear doing?" He said it's a little sore today.
There's going to be a PR stating that the RS info is wrong.
He said he wasn't at liberty to disclose any more info
I asked if we could expect it by EOW.
He said it's coming out today.
BB, Smitt, AMA, Bull and the rest that did their best to calm things down.
Thank you, I held strong.
Still holding every single one of my shares.
Did we finally stabilize here?
Wish I had the cash to play the bounce.
Stupid payday isn't till tomorrow.
I was hoping to get out slightly ahead & load up big on the bounce.
After the bid dropped below my avg, I pulled my sell.
0015 x 0018
Dude, new guy.. again?
Have you seriously not been paying attention again?
They're going to get that message in 25 minutes.
Good morning Rob.
Thankfully yesterday's closing sucker punch was partially offset by the Hawk's win.
Think ima throw some more cash in when 9:30 fire alarm goes off.
I specifically heard Government Contracts Monday
I wouldn't be surprised if my figures aren't as erroneous as you claim.
I know I just used a double negative there, you don't have to remind me.
The 500k figure was a low ball.
100% boardmarks to investors was an overestimate.
Within those two guesstimates lies the figure of 125 mil.
125M x .002 avg / 250 = $1000
There's a lot of people on this board that got in for a lot cheaper than .002 and spent a lot more than 1k.
So no, I don't think I'm too far off.
I don't expect them to P/R a void because they feel bad for us.
I expect them to do so because I believe they were anticipating their pps being .005+ & this not all getting found out.
What good is a 40:1 if your pps going in is 75% less than you were expecting?
Indeed.
I think that 40:1 was anticipating this being mum and next week's news really driving this thing. Unless r/s'ing for an uplist was on the news menu after the contract news...Their plan is really gonna f'n backfire unless they promise to void that amendment before the bell.
I mentioned iHub to Frank in the few times we talked. I would suspect the company reads this board. We have 249 boardmarks. If each mark owns only 500k (I own way way more) your talking about 1/3 of the a/s.
After the cat was let out of the bag, and many a profrane phone calls ensued.... I think this meeting was called after learning the word got out.
I wouldn't be surprised to see the kaibosh put on this filing by eow.
Talked to Frank just now. He's not in the loop about the June 3rd filing. Said he's meeting with the company tomorrow. When I pressed about the 40:1 he didn't know... I said it was blowing up on the boards. He said government contract news Monday.
He also said the split rumor might be based on the gov't wanting the pps to be higher?
Perhaps its an uplist as well?
We've got confirmation of news coming next Monday.
Is there no room for 3 days of patience any more?
I hope the flippers liquidate today & a get an I told you so next week.
Like I said, Frank mentioned there'd be more than one starting this past Monday.
I thought it would be this week, but whatever.
He's like the cable guy, except instead of a 2-3 hour accuracy window-- he's a 2-3 day window guy.
Did you get the same vibe as I did... he seemed more interested about what's to come rather than the app's official release? His voice kinda lead me to believe there was something bigger coming.
see post #17220
No kidding, this stock right here is a game changer.
Jumping ship before it leaves port makes no sense at all.
I'm sure he made out alright.... but still.
Dude, we got the news Monday.
There's more news coming.
They PR'd last month about bringing aboard a consultant to bring them current on PS thus eradicating the stop sign.
It's all good buddy.
Welcome to the pregame show.
later bob.
don't go checking your crackberry behind the wheel.
Is there a janitor fetish on this board?
Why does everyone think Frank's the janitor?
He hasn't sheisted us once.
When he says things are on the way, he's been good for it- give or take a day or two.
We're less than an hour and a half into the trading day & up 25%!!!!
Quitcherbitchin.