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Spoken like one who learned the hard way. I've had to pay some "stupid tax" learning the lesson not to chase.
Agreed...these are the cheapies. Bid sitting at this point is more likely to cause one to miss out. Low float, gotta love the possibilities with VTCQ!
Who knows what it will be, but she'll dangle another carrot. In her mind, it keeps working and she seems to have no respect for her shareholders. Look at the Saint Elie FB page, I believe the facility update to Saint Elie is funded by the $250K loan from Al Sagri rather than being used for Boreal. I believe her game is to keep the Saint Elie books "clean" and funnel all negative accounting issues and debt through Boreal.
What do you think her end game is?
GM to any BRWC'ers who are checking the page! I see in my favorites list that it shows several new posts this morning and I click to see what's being talked about and see that it is primarily James doing the multiple post thing he does two or three times a day.
Very disappointing that there is no real interest here these days for a company with such a solid product! I also went to the Boreal FB page to see if there is any new information there and see that some of the hard hitting questions for Francine have been removed. Personal attacks and name calling statements should be removed...frankly, they should never get posted. Unfortunately, some of us take advantage of using chat rooms or FB to say things we would NEVER say in person.
Then I look at Saint Elie's web page and see the same photo that Boreal has posted promoting plant expansion and I am now convinced that the $250K Al Sagri from Saudi Arabia has loaned to Boreal is being used to help finance the expansion of Saint Elie's plant in Canada. James, you can post that this is all H2O Gold, tell me that I'm one of just a few who have issues with the company, or say that I am a basher; however, the truth is that I am a shareholder which means that I am an OWNER of Boreal with the responsibility and right to ask tough questions and maintain HIGH EXPECTATIONS of the CEO.
As CEO, Francine's job is to maintain the vision and direction of the company, be sure the company has adequate financing for continuous operations, maintain a positive environment for employees and shareholders, and provide financial reports to verify and confirm the companies progress. Francine does not run Boreal like a PUBLIC company, she runs it s if it is privately held. Unfortunately for us as shareholders, she continues to own 68% of the stock and therefore she can basically do as she pleases; which means, divert any expenses or revenues to and from Saint Elie. I believe that is what's at the heart of the issues she had with the last auditor. GAAP rules do not allow for movements of expenses and revenues and I believe that is what she was asking him to sign off on within the audited financials and he refused.
I will continue to be a shareholder her for now, as will countless others who are into the stock at average pps above .015, at the higher averages, you can't afford to sell unless you have gains that can offset the loss. Me, I can afford to wait, my average pps is at .00055 now.
I'm off my soapbox, have a great day all!
She doesn't screw herself with a reverse split unless she leaves the A/S unchanged. Assume for the moment a 100:1 RS that reduces the A/S along with the O/S and all percentages remain the same. The problem is that shareholders don't have the required faith in Francine for the SP to hold at .70 at the moment.
If she were to execute a RS such as the one I've outlined, release details of the UAE deal that takes the company to near maximum output, and releases updated FINS for the year would create a company structure that many would find attractive and something she could then sell $20 - 25 million. Right now, all Francine could get if she wanted sell out is in $5 - 8 million range.
Know your facts and a little about finance before stating that a RS would be terrible for Francine. It's no different than the previous splits for dilution that allowed her to expand authorized and outstanding shares in which no percentages changed for her or shareholders.
With ALL that....BRWC is a .02 company. It can only get to .10 with a R/S due to the current SS.
I'll take .02!!!
Funny to see the fool who bought the 163900 shares at 62 has already lowered his ask 3 ticks. after commissions, he may clear $90....WOOOHOOO! Can you feel the sarcasm? LOL
I'll flip a trade just like everyone else, but $90 isn't worth the risk. Why not hold for news and possibly book a 100% gain?
GLTA
DLNY just moved their ask from .0097 to .0597
Something big coming???
Anyone believe in the MM signal trades? That last trade at 300...Take the price down so I can load.
Is this a precursor to a move upward? Is it a new to cover shorts at a profit? Is it nothing more than a major drop in the pps?
So very true! It is the result of Francine failing to deliver on her promises to shareholders to release FINS and increase shareholder value. Unfortunately, I believe most of the shareholders in this company are holding their shares at an average pps above .0015 and have written this off as a total loss for now in their minds. Why sell at these levels, it is far better to hold long term than take a loss of 50 - 80% unless you are looking to offset major gains. Most selling to offset gains will do so in a couple of weeks and we may see support levels at 4/5 rather than the 6/7 seen right now.
I have also begun to worry about the cultural distinctions between North Americans and Middle Easterners, specifically the way women are WRONGLY viewed in their culture. How effectively is Francine able to negotiate with the group from the UAE? Do they respect her and trust her? I don't know, but I do know that Saudi Arabia has just this weekend finally allowed women to vote and hold public offices. For the sake of the shares I hold (avg pps .00055), I hope for H2O gold; as James claims, and I will just let my shares sit until they either hit my GTC order at .0015 or they run and I remove the GTC order.
LOL....Ihubbers work together, trusting each other to take care of the last as well as the first to sell some shares? It might work better if we all get our shares distributed in a staggered distribution so that most are "forced" to "hold" for a period of time.
Has anyone else actually been in this situation before and how did it work out? Although, I can't imagine there ever being a SS that was more attractive.
She needs to post the pic she put on the Boteal FB page showing plant renovations....of the Saint Elie plant??? Is that where the $250K from AL Sagri going? Or is Saint Elie making that much coin? Either answer just leads to more questions.
At least other plays have been profitable. Even the flippers have left this one for the moment, trading action seems to indicate that it's only us longs hanging around.
Have a great weekend all!
True....but neither do they break out of trips other than the brief runs that makes a little money for the flipper and gives hope to those holding long. This is such an awesome product with wonderful potential, but business norms, standards, and profits have to be evident for the pps to have sustainable growth.
It should bother us all. If Francine had delivered unaudited financial reports on time and another auditor announced, I'd be more accepting of the dismissed accountant. PPS would probably be holding in the 12 to 14 range had she just filed the unaudited FINS?
Wait a moment and James will remind you that pinkies aren't required to file FINS to make us feel better about our investment. Are you encouraged and feeling better TTMM? Lol, have a great day!
Wow got all I could with the funds available yesterday at .0088 and set my limit orders; .0116 on the high end....whew!!! Missed by just one tick missing out on today's run. LOL Would have made a nice profit, but not near the profit holding is going to provide.
Great day to all!
I am a shareholder, have faith in the company, but little faith in the CEO. Revenues and profits drive pps and all she has to do is show the FINS, even unaudited FINS, that show revenues and profits and this stock will at a minimum re-balance itself in the .0012 - .0018 range. PPS would probably go higher than that if the China sales numbers are verified on those released FINS.
That's all most of us ask for at this point. Everyone understands that negotiations such as the reported deal with the group from the UAE can go slower than we would all prefer and I do not fault her for the pace of negotiations.
As far as the financing arrangement with Al-Sagri is concerned...are those funds going to update the facilities of Boreal (see current FB posting; it shows that facilities are being upddated.) If so, this does give me encouragement that the UAE deal is progressing and we have the potential to see a day like CDI* did yesterday.
JUST RELEASE UPDATED SALES AND FINANCIAL REPORTS.
Now James, go ahead and tell us all that Francine isn't required to provide us shareholders with FINS reports...you would be correct. However the pps is going nowhere but down towards 3 or 4 because REVENUES AND PROFITS are what drives pps. The only way we know what the revenues and profits are comes from the FINS that haven't been filed for 2 quarters now.
So back to my original statement, I have faith in this company and its prospects due to the great product, worldwide need for the product, minimal risk (as long as your average pps is in the 5 - 7 range)...but as of now, I have no faith in Francine.
Have a great day all!
Looked at this POS this morning again, saw where the dilution MM's had there ASK and threw $500 in at the open for .025 and out in 3 minutes at .04. $300 gain isn't too bad for a risky pump. LOL. I suspect a few may try again tomorrow, but it won't be me.
Got that pump too. LOL. Do you think there will be an massive increase in the float tomorrow? HAHAHA
True, we haven't seen it yet; but that doesn't mean that those numbers aren't in the FINS that had to be released to AL-Sagri in order for him to agree to additional financing for Boreal.
The timing is to no one's liking but I do think Francine will release the news we are anxious to hear that will be the catalyst towards .003 - .005. I'm not gonna spout pennies, I think my valuations are fair and reasonable. With that said I will not complain if we get a fast to copper. LOL
That news I believe will be proof of the UAE deal with the release of another 8K and unaudited FINS.
That's funny; not sure about that one share??? More interesting if you believe in MM trade signals are the two 100 share trades with someone needing more shares. Expecting news this week about the UAE deal and this is going to run big!
Good to see you here Ian. I took a small position here last week at 38. Going to slowly add and look for some good numbers in '16. I think you've hit the right formula, real company, real product, actual profits on sales revenues. These types of companies may fall, but they will come back rather quickly and once traders start seeing the profits they move fast!
Good luck!
I agree completely. That was the smart as in me coming out. We do have a great board here that shares information much more freely than some others. However, it gets frustrating to see someone criticize and call names to legit questions and concerns or do like tonight when he questions an email from Francine that backs points he's been making.
Have a great day Monday.
Hey JJ, many of us appreciate you sharing your email from Francine and look forward to this week's news but you may want simply PM such news to those who will not slam your posts. I think James would like it if only he and Janet were the only posters here. He doesn't like open, honest, and informative discourse about the company we've invested in.
Janet, I do not include you in the same category. I think someone has a crush on you and wants the rest of us out of the picture. Lol.
Thanks for sharing Jeff. Too bad James is too busy looking for the next poster he can proclaim to be a basher. This is what you call great DD rather than posting a link to old news. Most everything does look bleak at BRWC, no current FINS, fired auditor, and poor communication from the CEO, overdue taxes. However, sometimes when things are the bleakest great things show up out of no where. Thanks again for sharing great DD, some folks can't do much more than repost the thoughts of others.
Have a great night!
You do realize that you're highlighting the negative of missing FINS by posting this message? It's not much of an encouragement to those thinking of getting in.
HAHAHAHA....that's what an 8K is....verification.
FANTASTIC indeed! Confirms deals being completed and more importantly it confirms that company finances are in order, which is what many of us were worried about the most. Al-Sagri would not have given such generous terms if the finances were not in order and BRWC didn't have such a great product with a huge supply contract ready to go.
Many will be upset that they missed the boat as soon as the next 8K detailing the UAE contract is released!
My L2 shows 30 mil on the bid??? Huh? Strange.
Easy double to the .0016 - .0018 range as soon as the deal with the UAE is announced officially, maybe a little more? Then a walk towards .01 as future FINS are filed verifying the income provided from this deal.
This will be a great return on investment for those willing to be patient!
UAE supply contract and financing from an investor in Saudi Arabia, Francine has done a nice job so far...just gotta let her finish what she has started.
Have a great day TTMM!
Can't blame the profit takers. Wish I had some profits to book from this one! LOL. I considered getting a million shares at .0021 and choose a different route; I'd have taken profits yesterday in the 60's! Oh well, in the green with the route I choose, but not 200% worth of green.
HMLA is a solid low float play that should continue its accent towards a penny very soon!
GLTU
GRAS...turned the corner big time! 3rd Q profits over 90K!
Time to climb the trips ladder!
Just an opportunity...added some 7's and got a bid for a few more at 6. Take advantage to average down.
Yes she is...I did not mean to infer you were complaining. It was "Cuz" that was complaining earlier.
I've talked to Melinda twice. Apparently Julie is the agent doing the work and she is waiting on some paperwork to be completed before she can finish processing the spin out. I was just suggesting that "Cuz" might feel better if he called them himself.
Have a great day!
Instead of fusing here, Cuz needs to call the TA themselves. I've talked them twice myself and I'm sure they're getting tired of hearing from some of us.
I'm sure you are as anxious as I am to get the spin off shares and see how the trade, but complaining about something taking too long here is a waste of time.
Buzzy and the TA has done a great job keeping everyone up to date! Those complaining must have missed out on shares? They need to hold for future shares of a hair salon franchise and micro-brewery.
VGID is a great place to be with actual products and positive earnings!
Never like to BKRT @ 10,000. However, he is most likely trying to push to price down some more?
Very true! This is a verifiable financing deal made by one who has seen Boreal's books and is very satisfied by the books and the deal being made with the group from the UAE.
Just a matter of time before the pps reflects all the good news coming from Francine the last two weeks.
Yes...all the inside information needed to lock up 250K for the next two years with Boreal.
Very encouraging for all of us little guys out here.
Exciting times for BRWC!
It's like you were reading my mind Lebowsky. LOL. Gotta love this set up! Good-bye trips!
BRWC should be selling at nothing less than .0075 per the 8K.
Check out BRWC. Boreal completes financing arrangements that will allow the company to reach full capacity as a water bottler and supplier.
This is after the company announced they are finalizing a deal to supply water to a group in the U.A.E.
BRWC is ready to break out. Check out the fundamentals and the charts.