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After studying the charts more, I think we may dodge a consolidation period for a few more days. There is still room to hit .003-4 before it happens! .003 a definite possibility for tomorrow!
500 MILLION SHARED WILL BE DUMPED BY EOW
Did some independent DD like other have. Saw a YouTube video and read a couple news articles about football. Happening this week. 10000% confirmed.
FOUR. BILLION. SHARES.
Why do they need that many? DO they really have that much debt?
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=EBKYunR%252br1tMtr3R6IwLLg%253d%253d&CorpName=VENDUM+BATTERIES+INC.
Number of shares they're going to dump tomorrow? They're going to hit that 4 billion fast!
Watch out for promoters. They usually only post ridiculous information - for example, posts that claim that companies like Apple and Hallmark are in discussions with a non-existent, non-US company with no employees, no money, no products, and no patents - perfect example of a paid promoter.
When promoters are present, there is a good chance that the company is trying to dump shares into the market to unsuspecting buyers.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82963891
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82878751
Maliciously planned dilution. The CEO had one thing in mind with the spring promo: take as much money from shareholders as possible. All promos end with catastrophic loss.
Don't believe me? With the promo and timing of events, how can you reasonably try to deny it?
This is what 185 million shares dumped at a 8000% mismatch from actual value in a matter of days* looks like.
* http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72924130
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72766794
$1000 turned into $147 IN A WEEK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72736948
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72854413
Part 2 - Tens of millions more added to the float.
Thinking .003 EOW as well
What is their ratio of name changes to runs? LMFAO
Show me some charts.
That news is from July 2010. It has already been considered a wash.
Yeah watch out for promoters. They usually only post ridiculous information - for example, posts that claim that companies like Apple and Hallmark are in discussions with a non-existent, non-US company with no employees, no money, no products, and no patents - perfect example of a paid promoter.
When promoters are present, there is a good chance that the company is trying to dump shares into the market to unsuspecting buyers.
VNDB's run is over already - .0005 LMFAO. Insiders already sold their shares.
What are you talking about? Who said what?
Look at all of the volume at .0001 - look at the size of the blocks. Do you seriously not see it Mr. Trained Professional?
Will be very funny if the CEO starts mailing out bills to the shareholders LMFAO
Trying to save people from losing money in this scam. If you don't take my warnings into consideration, that is perfectly fine with me. Watch what happens.
Only problem is.. insiders made up the entirety of first level buyers and sellers. They know its easier to flip 1s to 2s 3s and 4s. Not to mention, EVERY TIME THEY REPEAT THIS CYCLE, IT GETS HARDER TO GO HIGHER BECAUSE VNDB IS DILUTING. It's always easy at rock bottom anyway.
UH OH PRICE IS GOING TO -0.0004
It's already been decided by the CEO:
"We do not have any equity compensation plans."
"further losses are anticipated"
Filing also states that they have to rely on borrowing, dilution and selling shares, as well as selling shares to pay off their loans and notes, as their primary means of raising capital.
Put the three together.. and we have VNDH - a company who is on a perpetual downward spiral, plans to borrow money to raise capital, and plans to pay their debt off by selling more shares. LOOKS LIKE A CYCLE OF PERPETUAL DILUTION.. Look at the history for confirmation.
THIS IS GOING DOWN IMO ~~~
Good luck because VNDB isn't a traditional play. This thing is primed for collapse.
YOU CAN ONLY TRUST INFORMATION PUBLISHED IN OFFICIAL FILINGS:
"We currently have no full time employees"
"We do not intend to manufacture any products"
"We currently do not have any patents or pending patent applications"
"We do not own or lease any other significant property."
"We do not have any equity compensation plans." (Shareholder loss attributed to dilution will never be reimbursed)
"We no longer have an advisory board as our agreements with our two former advisors have expired and we have no guarantee that the prior advisors will be willing to serve on our advisory board if it were reconstituted or that we will have an advisory board in the future."
"We have not adopted a Code of Ethics that applies our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions."
"The Company has a working capital deficit, and has incurred losses since inception resulting in an accumulated deficit of $1,438,862 as of December 31, 2011, and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue"
Apparently everyone is listening because the only people here are desperately pedaling their bags.
VNDB doesn't even operate in the United States. They have one part-time employee (the CEO), no facilities, and no longer have any advisors or consultants.
You're entitled to your opinion, but take a look at the history of this company. The precedence is all there.
The Paper Battery: FROM MOST RECENT 10K
"We currently have no full time employees"
"We do not intend to manufacture any products"
"We currently do not have any patents or pending patent applications"
"We do not own or lease any other significant property."
"We do not have any equity compensation plans." (Shareholder loss attributed to dilution will never be reimbursed)
"We no longer have an advisory board as our agreements with our two former advisors have expired and we have no guarantee that the prior advisors will be willing to serve on our advisory board if it were reconstituted or that we will have an advisory board in the future."
"We have not adopted a Code of Ethics that applies our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions."
"The Company has a working capital deficit, and has incurred losses since inception resulting in an accumulated deficit of $1,438,862 as of December 31, 2011, and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue"
Funny.. Coming from you who called a .0022 close and are calling .003 hit tomorrow. Lets see who is right. Consolidation or 100% run.
Yes but not before they change their name, hire a new CEO, and dilute the stock into oblivion. You've seen it happen at least once
No, it clearly says up to 20 million. They wouldn't give 20 million if the market cap fails to provide enough equity to support the loan.. However, I am thinking the massive volume we've been seeing has something to do with those conversions.. The high volume at 002+ prices is a good sign though. They seem to have bought through all of the shares and expect this thing to go higher once the volume slows.
LOL REALLY???
I think you are a good predictor of when GDSM is about to tank. Every time you make a price-related prediction, the price goes anywhere but up.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78474940
Stock dropped 40% over next 3 days
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80003749
Stock dropped 40% again over the next 3 days
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79046712
Went nowhere but down.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78839410
Went nowhere but down.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79529061
+
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79278820
Correlating gold prices to GDSM LMFAO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78906312
MINING? LMFAO 5 GALLON BUCKETS!
Too funny, Mr. Still-Believes-in-GDSM-Long-and-Strong
What are you talking about?
Yeah that's exactly where it went after the latest R/S. Check out the article in the sticky posts.
I'll be laughing after 4 billion shares are dumped.
Look at the trading activity over the past two weeks. HUGE blocks of 10, 20, 30 MILLION+ went at .0001 - hundreds of millions delivered down there.
Textbook open-market insider accumulation.
Quick flipping for 1-5 bag returns. Ridiculous volume today - 50% of the O/S traded, but no movement.
Textbook flipping.
Going back down for round two on Wednesday.
So one-half of the O/S was traded today and how far did it move? LMFAO.. they must be using that 4 BILLION A/S for something..
Apple was a one-in-a-million company. There are 999,999 companies out there that will fail to achieve what Apple did. You can't assume just any company will follow in Apple's footsteps. If you put your money in every company that wants your money, like VNDB, you will run out of money fast.
MAJOR DIFFERENCES BETWEEN VNDB AND APPLE
Apple had a product and someone who was devoted to developing it.
VNDB has no product and a part-time CEO who has no idea what he is doing.
Apple didn't use toxic financing or exploit shareholders to obtain funding for their operations.
VNDB uses every exploit and trick in the book to circumvent the legal system, steal from their shareholders, and avoid having to actually make a product before asking for money.
THERE IS NO CONNECTION TO VNDB. VNDB IS A JOKE. NO MONEY, NO REVENUE, NO FACILITY, NO EMPLOYEES, NO PRODUCTS, NO BATTERIES, NO PATENTS, NO BOARD. THEY AREN'T EVEN IN THE UNITED STATES.
THEY HAVE ONE PART TIME EMPLOYEE.
THEY STILL OWE HUNDREDS OF THOUSANDS OF DOLLARS IN NOTES AND DEBTS WHICH COMPOUND INTEREST.
THEY ADMITTED TO MAKING NO PROGRESS WHATSOEVER.
IN THE 10K, THEY ADMIT THAT THEY HAVE TO RELY ON DILUTION AND SHAREHOLDER LOSSES IN ORDER TO AVOID D E F A U L T I N G. HOW DO THEY DEFAULT????? WHO LENT THEM MONEY IN THE FIRST PLACE WOW.
Did you read the latest 10K?
"We currently have no full time employees"
"We do not intend to manufacture any products" (products would include batteries)
"We currently do not have any patents or pending patent applications" (they need patents to make batteries)
"We do not own or lease any other significant property." (they need property to manufacture batteries)
"We do not have any equity compensation plans." (Shareholder loss attributed to dilution will never be reimbursed)
"We no longer have an advisory board as our agreements with our two former advisors have expired and we have no guarantee that the prior advisors will be willing to serve on our advisory board if it were reconstituted or that we will have an advisory board in the future."
(look how much money they paid their advisory board - travel, food, hotels, business expenses) they paid them with PERCENTAGES OF THE COMMON A/S - RIDICULOUS
"We have not adopted a Code of Ethics that applies our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions."
(nothing wrong with using shareholders for indefinite borrowing terms)
"The Company has a working capital deficit, and has incurred losses since inception resulting in an accumulated deficit of $1,438,862 as of December 31, 2011, and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue"
(nothing wrong with racking up $1.5 million deficit WITH NOTIHNG TO SHOW FOR IT. NO ASSETS, NO MONEY, NO PRODUCTS, NO PATENTS, NO EMPLOYEES
LOL.
Read the story in the sticky post. Don't blame the messenger.
CEO PLANS TO DILUTE STOCK FURTHER OR RISK DEFAULTING - read it in the 10K
"We currently have no full time employees"
"We do not intend to manufacture any products"
"We currently do not have any patents or pending patent applications"
"We do not own or lease any other significant property."
"We do not have any equity compensation plans." (Shareholder loss attributed to dilution will never be reimbursed)
"We no longer have an advisory board as our agreements with our two former advisors have expired and we have no guarantee that the prior advisors will be willing to serve on our advisory board if it were reconstituted or that we will have an advisory board in the future."
"We have not adopted a Code of Ethics that applies our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions."
"The Company has a working capital deficit, and has incurred losses since inception resulting in an accumulated deficit of $1,438,862 as of December 31, 2011, and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue"