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I am really hoping to see some ICO activity. Then perhaps some of this action might happen:
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-alert-public-companies-making-ico-related
On the other hand, maybe that's why there is no activity. LOL!
Right. LOL! 5 minutes of DD and I think its all a fairy tale.
This is a classic. It should be stickied:
That's about as funny as the other post. Henry's successes and failures. LOL! I can provide an almost unending list of failures. Can you provide a single success? Real revenue. Right. From the machine that makes gold out of gravel? Come on!!!
Lol! That is just so funny! Thanks for the laugh. Big Henry has been doing this for, what, 20 years or so?! Same result!!!
What a riot this company is. Keeps me chuckling. LOL! $432K for selling some gold. Right. To whom? Someone who couldn't actually pay for it as the filing shows. And the $400+K of marketable securities. That is just too funny. Look at the real value of those turds. Maybe they sold the gold to MYSN? And $25 million in preferred stock for the gold mines?!?!
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Dude, lol! So you wonder if the magical mining alchemy machine is for real? And the perpetual motion power generating machine as well? What about the elixir of life water compound? I could just go on and on but shouldn't that be enough. Of course when you toss in medical marijuana and blockchain its just over the top.
I'm not sure this even passes the sniff test.
A new high water mark on the ridiculous scale:
On 8 November 2017 we read in an 8-K about yet another gold mining adventure:
From the phiglobal website on 19 October 2017 re: the water elixer:
"...As stated in my update of September 14, we are expecting PHI EZ Water Tech to generate $12.5 million in revenues and $3.4 in net profits in 2018. For 2019, the estimated revenues and profits will be $25 and $6.8 million, respectively. See more at our website at EZ Water Tech...."
From a press release on 4 October 2017 re: the magical mining machine:
"...Our conservative estimates indicate that APR’s revenues from our current holdings alone would be approximately $6 million in 2017, $53 million in 2018 and $107 million in 2019...."
Twice we read about the perpetual motion power generating machine (press releases dated 9 October 2017 and 21 September 2017) but neither supplied a revenue prediction. But if we go back to 10 August 2017, we read this in a press release:
"...At current electricity price levels in Vietnam, projected average annual revenues and EBITDA during the first 9 years of operation for the power plant in Yen Bai are $101 million and $80 million, respectively...."
Finally, in a press release dated 14 September 2017 we are rewarded with some Abundant Farms numbers:
"...For bitter melon alone, we expect to generate $18 million in revenues and $4.3 million in net profit in 2018, $36 million revenues and $9.8 million net profit in 2019, and $53 million revenues and $14.5 million net profit in 2020. For turmeric, the estimated revenues and net profits will be $1.2 million and $817,000 for 2018, $24.4million and $16.8 for 2019, and $48.9 and $33.7 in 2020, respectively...."
Now I could go on and on and on, but these are the most recent and truly set the bar high. Let's keep it to these.
So, let's have a poll. Which of these is the most ridiculous?
LOL! Right. From what, exactly? The magical mythical mining machine? Or the equally mysterious perpetual motion power generating machine?
Doubled! Dang! Trillionaires now! The true believers had, what, $10 billion cast in concrete before? So, double that, and convert to rupees at 62.5/dollar and you are into the trillions!!! 1.25 trillion!
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So, if I were to summarize your most recent set of posts, it would be, essentially:
1. Patents ain't worth sh*t.
2. Ain't nobody buying Voip-Pal at any time for any price. At least nobody legit.
Is that about right?
If so, I agree with you 100%. LOL!
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Sounds like a whole lotta nonsense to me. Oops. Except for one thing. Some conversions happening? Need to sell some stock? Could that be it?
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Is this deja vu all over again? LOL! Henry and Johnny Park, a long time cohort, putting together a gold deal. Why does Catalyst Resource Group (aka CATA) and Rerun Recovery come to mind? Proprietary processing, mines in Oregon, ridiculous revenue predictions, etc. etc.
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LOL! 5 minutes of DD would tell you that Big Henry didn't fork over any cash for those shares.
On December 22, 2016, Henry Fahman, Chairman and Chief Executive Officer of the Company, converted $250,000 of indebtedness owed by the Company into 2,500,000 shares of restricted common stock of the Company at the conversion price of $0.10 per share.
On March 28, 2016, Henry Fahman, Chairman and Chief Executive Officer of the Company, converted $1,000,000 of debts into 2,688,172 shares of restricted common stock of the Company at the conversion price of $0.372 per share.
Nudge, nudge. Wink, wink. LOL, LOL!!!
Ain't no one been 'increased'. LOL!
I just don't get it. How can you issue shares to pay off a note, but have the note get substantially larger? How exactly does that work? From the latest 8-K
I must have missed the expected disclaimer on this article where it is identified as a paid advertisement and what the terms were. But perhaps the author did it out of the goodness of their heart and no payment was received. I wonder...
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How's this working out? From an 8-K filed 3/7/2017:
How about never? Is never good for you? My theory is that penny stocks often claim to have or control game changing technology but the reality is they *never* do.
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Why does this seem to be a paid promotional piece? LOL! Reminds me of moneytv. Perhaps they should have a go there as well.
http://ceocfointerviews.com/interviews/disclaimers.htm
Obviously Big Emil has not set any price the hapless retail investor can buy at.
Equally obvious is that there is no evil market maker conspiracy striving to keep the price artificially now.
A cursory read of the most recent financial filing will show you that there are millions of shares recently sold for much less than the prevailing price:
LOL! Of course they didn't 'acquire' it.
Outstanding shares increased 45 percent in the past 3 weeks.
From the most recent 8K:
Actually it is an additional 200 million shares. Regardless of what the auditor claimed in the most recent 10K, the authorized was 1.1 billion prior to the increase to 1.3 billion.
As for the 'debt free' claim. I just have to wonder about that. We know that "The Company routinely issues convertible debentures with no interest rates that are due on demand." From the most recent 10K.
Are those a form of debt? Sounds like it to me but I ain't no accountant. Also, we don't know what, if any, convertible debentures are currently outstanding. Personally, I'd like to know that.
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Oops, must need to print up some more shares. Authorized is now 1,300,000,000 according to the Nevada SoS.
Personally, I am concerned with the apparent troubles the auditors have with numbers. I mean, isn't that what auditors are supposed to be good at? Numbers? What's the authorized share count? How many shares were issued in FY 2016? Why don't these things add up?
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Sometimes I wish I was an accountant like my pappy. Might help me understand these filings better.
According to the Nevada Secretary of State and their database of corporate filings, the authorized common share count of big VPLM is 1,100,000,000 shares. Yet today, in note 9 of the 10-K, I see it state the authorized count to be 1,200,000,000. Now which is it?
Furthermore, in good ole note 9, I see it enumerate a number of share issuances for FY2016. Yet in the CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY table, one of these issuances (10,000,000 shares to the CEO) is conspicuously absent. Sup with that?
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Lot of irons in the fire for mighty VPLM. Must really be bustlin' up there at the [virtual] headquarters. What with polishing up the source code for Apple, dotting the i's and crossing the t's for the SEC, getting Twitter officially on notice, etc. etc. seems there is hardly time for other standard pennystock activities such as 'enhancing shareholder value', and 'moving to a higher exchange'.
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I'm hearing they tweeted the proof of service, but it was flagged as spam and thus never delivered.
What could the purpose of this PR possibly be? Sounds like a page straight out of the pennystock playbook to me: reassure the faithful, perhaps entice the undecided. If not that, what? Show your hand to the adversary? Not. Maybe, just maybe, [wait for it...], its the old 'switcheroo'! Get Apple going down the rabbit hole of source code analysis while the real strategy is something completely different. LOL! Maybe it is just simply to distract attention from the fact that the required financial filings are late and getting later.
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Zero. Zilch. Null. Nil. Nada. Nuttin.
Can't we at least get some new players involved in this nonsense? Abound Farms, Inc. Nevada corporation whose sole officer is one Johnny Park. Curiously, a Johnny Park was also an officer of Rerun Recovery, which was somehow involved in Catalyst Resource Group, a now deregistered former Fahman turd.
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As if there were not enough red flags:
The tale, from a 28 September 2016 Press Release:
Really?
First we read this, in a press release dated 8 September 2016:
LOL! Is that a bit of toxic financing? I couldn't tell exactly because I couldn't find the 8-K describing this apparently material event. Speaking of filings, the 10-K is due in a week. Wonder how that's going. This kind of financing becomes much more attractive to the lender when there is some significant volume to dump into and that often requires some press releases. Can't wait!
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So you think it is just going to 'go away'...? LOL! You better hope not. I think that is the only thing holding back a tidal wave of shares to sell...