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2050motors twitter on fire today https://mobile.twitter.com/2050motors. It is about to run.
No more China cars according to 2050motors twitter.
Just to reiterate for anyone unaware: 2050 IS NO LONGER INVOLVED IN CHINESE IMPORTATION OF ELECTRIC VEHICLES. 2050 HAS NOTHING TO DO WITH CHINA OR ELECTRIC CARS. That chapter in the company's life is over. 2050 Motors Nevada officially dissolved Friday 05-17-2019.
2050 Nevada dissolved: https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=NJ10nH9bX5bpf6HHT68ELQ%253d%253d&nt7=0
Do you mind sharing?
Don’t worry I’ll wait...
Are the 162 million shares in the recent 8k linked to the 142 mil in the 8k below or additional invalidly issued shares? I am guessing that it is the same and management found an additional 20 mil shares. Would be awesome if it was 304 mil going back to treasury.
On March 27, 2019, we issued a demand letter to BKS Cambria, LLC (“BKS”) and United Biorefineries, Inc. (“United”) to return 84,770,115 and 53,347,701 of our common stock shares in certificate form, respectively, that were invalidly issued by our prior management. BKS and United failed to respond to our demand letter by the demand date and we have not received the foregoing share amounts in certificate form from UBC and BKS. We are evaluating our legal remedies regarding this matter.
So was former management unloading shares?
20 mil on the bid
We also have 150 million shares being returned to treasury
Wrong again... that proves there is no dumping
Do you know where I can find the docs to read? I would like to look into it.
I agree and I am sure that vik has a plan. I am just catching up on the news. I’m sure we will get an 8k soon with the info.
ETFM and PTOP are on the Breakout Board.
Anyone have any ideas why Vik would purchase PTOP shares? Any idea where this is going for ETFM?
Am I reading this right... the CEO puts 1/2 million of his own money into the company . Usually a penny stock dilutes the shares to acquire money for the company. Looks like the CEO is looking out for investors by risking his own money instead of diluting.
I will be honest. I was worried for awhile. I initially invested in an electric car company. Then I saw so many changes that to me were red flags. The reason I saw them as red flags is because I lost on so many other penny stocks that change to something total different. I am still not totally sure on the direction that the company is going. I guess we will find out with the shareholder update.
One thing is for sure, we have a great CEO. That is what I’m betting on. He knows what he is doing and everything is lining up perfectly. Today should prove that to everyone. Sad that the pps doesn’t reflect that but I guess that gives me more time to accumulate more. We also still have 150 million shares that will be returned to treasury.
This will be a nice ride north.
Looking good here
10-q out today. Good call
Thanks for the info.
Name one
I just sent an email to Vik. I will let everyone know what his reply will be.
Vik Grover, CFA 11:14 AM March 24
Until I am satisfied 2050 is being properly compensated or has the right upside. What would investors think if 2050 demands almost 200 million shares returned to Treasury?
On March 27, 2019, we issued a demand letter to BKS Cambria, LLC (“BKS”) and United Biorefineries, Inc. (“United”) to return 84,770,115 and 53,347,701 of our common stock shares in certificate form, respectively, that were invalidly issued by our prior management. BKS and United failed to respond to our demand letter by the demand date and we have not received the foregoing share amounts in certificate form from UBC and BKS. We are evaluating our legal remedies regarding this matter.
Just my opinion but I think that is the shares Vik Grover (CEO) was looking at returning to the treasury.
Vik Grover, CFA 11:14 AM
Until I am satisfied 2050 is being properly compensated or has the right upside. What would investors think if 2050 demands almost 200 million shares returned to Treasury?
I think we will see a 10-q and 8k this week
Looks like they started updating the website. https://2050corp.com/
That’s a lot of volume in 30 mins
I see the U shape chart that you called yesterday.
A/8k was filed at the end of the trading day but I think a lot of people didn’t notice it because they were looking at the L2 or they already sold. Either way I bought and plan on picking up more tomorrow. Thanks
Still here. Loaded 2m more. Thanks
Thanks for the info. I am excited to see what will happen.
ETFM long
Closing green today. Good support
Nice Job.
Finally a green day. Happy that I lowered my average. Thanks for the .0017s
We are sitting on the 50 SMA. Hold the line and we go up up up.
You mean support at 16
Looking good here
Looks like it is going green today. Ask is thin.
Thanks for the info.
Notice the red truck. Looks like the same red truck that is parked outside their building in your link is the same one used in their crash test video
https://goo.gl/maps/S1UCXGejR2z
Crash test video link.
Notice the red truck. Looks like the same red truck that is parked outside their building in your link is the same one used in their crash test video
https://goo.gl/maps/S1UCXGejR2z
Crash test video link.
thanks for the .0031. my average is going down nicely.