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Totally agree. Complete con job here with now paid posters pumping and all.
Acquiring/merging MJ company as per all the previous due diligence and now this.....seems to me the company officers lost their shirts at the race track and now have to pay the bookies with shares.
i don't know much about the possible legal issues here but if there is legal recourse available to us...I'm in.
Look, i hope this stock goes beyond parabolic and everyone here become millionaires, especially being that I'm now officially a bag holder. But that is highly unlikely.
To say that the MJ business was never the plan here is just wrong and a blatant lie. Even Ihub has EHOS listed under CANNABIS. Let's keep this honest.
you're entitled to speculate and pump or whatever but don't say that the MJ business was never the plan here.
I agree except for the "stupid market makers" stuff. Here's why.
NITE and CDEL are shorts, they are not retail. If they were than you would be right that they are stupid for putting up huge blocks on the ask because they would clearly make more money as the stock goes up.
But they make money as the stock goes down, usually selling to themselves with a little retail mixed in (us).
Also I had debates on here about dilution even when the company is not current....and VNDM has proved me right. Whether it's old notes or who knows what (OTC is so sketchy) but clearly new shares are hitting the market in addition to the shock/sell off with this PR.
EHOS management is beyond deceptive when all their info is cannabis related and with the new laws going into affect in January... this new direction is a big let down to everyone here.
HORSES ARE NOT WHAT WE THOUGHT WE WERE INVESTING IN. PERIOD.
Right but he needs to at least address this as this whole board leaned on his DD, (which was corroborated through one's own DD).
No blame or shame on his part, he was trying to help by sharing info, but if you are going to be way positive about the company, you also need to be up front when things change.
DD, you have been key with your DD here, which, with all due respect has turned out very differently from what this PR has brought to light.
Please, again not attacking you, but don't go silent on this. Would love to hear your thoughts on this.
This is not manipulation. It's the market's response to a completely unexpected turn in direction and investors who were in this as an MJ play have freaked out. And I'm certainly in that camp. Wow....we go from MJ to horses....REALLY. Unbelievable!
exactly! well said. we all understand the risks......
Thank you again for your thoughtful response and DD....
There is a great risk reward for all the reasons you state. Again a very worthwhile chance to be a part of a blooming company in it's infancy. Definitely like my chances.
As per my previous posts, L2 demonstrates that NITE is simply trading between itself with some retail mixed in, but mostly selling to itself to drive down PPS to shake shareholders.
NITE does this with every penny stock because these stocks don't have the big institutions, hedge funds,etc trading them.
Thanks again and GLTA
Most of sells at 0.0003-0.0002 were NITE trading between itself as per L2. The MMs know something is cooking and NITE is trying to squeeze as many shares as it can. NITE IS NOT RETAIL but a financial entity that keeps the OTC market in check and is mostly short.
As per your DD, when this company starts to update with news and current status, this is going to explode to the upside.
Thank you for all your insight
Wow, if Google did steal the technology and it's generated $120 billion a year.....that's a game changer for MAXD
We see these 10$ trades all the time in the OTC. L2 reveals that MM's like NITE who are always on the ask with huge lots and is clearly short do this with every stock in pinky land. CLEAR MM MANIPULATION.
That's not retail. NITE is some institution that is apparently allowed to short....the flip side is that NITE is also the reason why penny stocks make such huge moves once retail buying pressure begins, then NITE is forced to cover.
nice. see this at 0.0001
umm....no bid
POS!
From June of 2015
*Max Sound Files Lawsuit vs Google; Aims to Ban Use of VP8 or H.264 Video Codecs,; Ban Sale of Nexus Phones, Chromecast Sticks -Reuters
I would imagine something like that would be difficult to prove?
But if they win their lawsuit could be big and certainly Google has been under alot of scrutiny as of late.....definitely worth a gamble at these prices.
Looks like he bought more than $60,000 worth of shares in the last year. And the accusation in there law suit corroborates exactly my experience today when i grabbed some 1's. Immediately after and I mean instantly, 0.0009's were sold.
This was trading in the 0.02's not too long ago, hopefully we see that range again.
Of course I want this stock to go parabolic and hopefully it will. I do hold a position here
Your definition of dilution vs. convertible notes is well founded and text book.
But for me, anytime I see MMs BMIC, BMAK, VNDM, VFIN, CANT, etc. on the ask and seeing a huge amount of shares being sold with no upwards price movement, that's dilution.
Unfortunately BMIC has been here and dumping shares. Hopefully he's done, and with good news and buying pressure from retail will force shorts like NITE to cover, and we get big moves to the upside.
GLTA
LOL. Obviously. What I mean is whenever 0.0002's get cleared on the ask there is no support when it (0.0002) become the bid.
Absolutely no bid support at 0.0002
CURRENT O/S : 1,636,031.100.
Mods please update in the IBOX. TIA
L2 has still been showing VNDM lurking on the ask....until he moves this is going no where unfortunately.
He's been sneaky in terms of not dumping too much volume wise since last Monday's 200,000,000 dump when we touched 0.0005's.
Agreed. I watched SFO* successfully sue Microsoft and PPS went from low trips to over 0.02 in a few weeks.
MAXD was trading at over 0.02 some months ago does anyone know why it has fallen so far. Assuming dilution but I'm new here.
TIA
Hopefully we will see a repeat and even higher but keep in mind that was when O/S was 300,000,000. It's now over 5 x's that at 1,500,000,000.
Gonna take a huge catalyst to make big upward movement with so many new shares in circulation....they better cure cancer or something.
Saw BMIC on the ask and dumping. Didn't realize a non reporting company could dilute...learn something new in pinky land
Debt is over $50,0000,000 as per the 10Q
I hear you and yes crypto's so hot right now, you would think these clowns would do something.
i called them a few days ago, left a message, still no response. Would like to know if they are ever going to get current with filings, possible name change, etc.....
i just think who ever is 'in charge" of this thing has just left it for dead. Just plain old neglect.
Been trapped in this for 2 years, dead money, looks like I'm just gonna have to take the loss.....bad move on my part, lesson learned.
Agreed. I will average down when VNDM eventually finishes dumping. Until then.......
CURRENT O/S: 1,533,457,095 as per TA. Anyone wish to verify call them : 801.571.8844
A possible R/S is not BS...The company did so in spring of 2015.
It's in the Ibox above:
On April 20, 2015, our stockholders voted at a special meeting of the shareholders held in Coral Springs, Florida to approve a one-for-forty reverse stock split of our issued and outstanding shares of common stock. Under the adopted proposal, each forty shares of our presently issued and outstanding Common Stock as of the close of business on the effective date was converted automatically into one share of our post-Reverse Split Common Stock. Fractional shares and "odd lots" were rounded up to the nearest whole share. The Reverse Split did not change the number of authorized shares of our Common Stock. The principal effect of the Reverse Split was the reduction in the number of shares of Common Stock issued and outstanding, from 1,510,950,321 shares as of March 6, 2015 to 39,123,758 shares after the Reverse Split was deemed effective. The Reverse Split affected all of our shareholders uniformly and did not affect any shareholder’s percentage ownership interest in Nutra or any shareholder’s proportionate voting power. Per share and weighted average amounts have been retroactively restated in the accompanying financial statements and related notes to reflect this stock split.
So if I'm reading that right, there's a 2 year lock up period where Munzee and Holland can not exercise there convertible notes?
If that is true, very good news for investors and a nice gesture toward investors....hopefully the reverse split will be a positive thing.
thank you for the thoughtful reply Cavs.....
Keep in mind after the R/S which will take place in the beginning of SEPT that,
The Holland Family Trust and Mick Donahoo have convertible notes that will mature on DEC. 31, 2017. As per the 10Q and THOSE NOTES ARE WORTH :
$1,447,041
When those notes mature and are sold into the market it's going to have serious negative impact on PPS....also known as dilution.
GLTA
Agreed, unfortunately this is not a legit crypto currency company....it's not even a company at this point. No filings, no PR's, no communication....nothing.
On the positive side, it's been trading strangely this week with some support at 0.0002....hope somehow someone does something with this "company" so we can make a little money.
Too bad, they have some interesting OTC products and perhaps some of the future trial drugs will work out but as of now terrible on the financial side, just ugly....sadly this may see low trips in the near future.
GLTA
right.....LMFAO
lol....you truly know how to read debt structure.
thank you for your insight and thoughtful response.
You are not dumb nor alone in not understanding the intentionally complex jargon used in these reports. You would need to be an attorney or accountant to fully grasp this stuff. This is by far the most complex CONVERTIBLE DEBT aspect of a 10Q I've ever read.
There are many paragraphs outlining the "shares issued" in this way in combination with actual dollar amounts of debt without assigning an amount of "shares issued" nor actual date of note maturity.
So again for those on this board who say they know what the debt structure/recent dilution is, please inform your fellow share holders.
How 'bout a little help?
LMFAO...right. There are lots of paragraphs on convertible notes from the past and some that mature in 2018 and 2020.
Below are two paragraphs for review that are just 2 of many paragraphs.
Anyone wish to comb through the 10Q and explain where the 1,200,000,000 recently dumped shares came from....TIA
During November 2016, we signed an agreement with a consultant to provide investor relation services for twelve months. In connection with the agreement, a total of 3,000,000 shares of our restricted common stock were issued. The shares were valued at $0.012 per share. We recorded an equity compensation charge of $17,900 and $9,945 during the three–months ended March 31, 2017 and the year ended December 31, 2016. The remaining unrecognized compensation cost of $8,155 related to non–vested equity–based compensation will be recognized over the remaining vesting and service period.
During July 2016, we signed an agreement with a consultant to provide investor relation services for twelve months. In connection with the agreement, a total of 4,250,000 shares of our restricted common stock were issued. The shares were valued at $0.0084 per share. We recorded an equity compensation charge of $8,803 and $17,899 during the three–months ended March 31, 2017 and the year ended December 31, 2016. The remaining unrecognized compensation cost of $8,998 related to non–vested equity–based compensation will be recognized over the remaining vesting and service period.
Most companies have debt so that 50,000,000 is not surprising, what did bother me was that NYoxlin only generated 30,000 in revenue, Pet Pain Away even less and no headway on distribution in Asia....not what I was hoping for.
But I have to retract my statement that the company isn't transparent. They are. It's all in the 10Q.
Sorry to say that I don't think they are on top of the business aspect of their business