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Yeah, some big sales on bid. Sure looks like dilution. See, on the days like yesterday, when there is little dilution you get small volume but stable PPS. Bids are not hit. With news and growth the PPS can rise. Suddenly you lose 45% PPS and volume spikes and you got dilution and bids are hit with some big sell offs.
A couple more days like this and this will under a penny.
...instead of a bone, how about a crumb?
A conference call or a letter to shareholders would at least show some level of concern for us shareholders. Sym can throw us a bone!!!!
Quiet day, no real dilution that i could smell out. 1 Billion Auth is no big deal. Diluting into it is. When they put out next PR, it will be very telling. Will they dilute into it or if the news is good (not fluff) will they let the PPS breathe. Time will tell.
Mr Millions-- Hey I'm Mr. wake the Hell up and smell the roses. But, I rather call it as I see it and I do not see the dilution yet. They can dilute and fund themselves without destroying the share structure and let the PPS rise. Will DM do that after reversing and obliterating the share structure before the reverse-- we'll soon see.
The OS is 164 million -- If they do not dilute and issue massive shares for funding, the PPS and rocket up with transparency and real news. In pinkville any OS under 200 million is tight in my opinion.
Real news and ungag the TA and minimal dilution this can hit 25 cents. Conversely, dilution and gagged TA and this will be in fractionals in no time
The issue that most effects PPS is the float and dilution. If they continue to use the convertible notes and shove free trading shares for into the market, it can be monitored if the TA gag is lifted.
If the leave the gag and the volume spikes and bids are taken out left and right and PPS plummets, it's not hard to see the dilution.
Transparency and moderate dilution plus building a real company with real news is the only play for heading and staying north of one penny.
Here is my take on today. Small drift down, not unexpected. Based on some of the sells, I'd venture to guess the company is in fact selling and funding via the market. But they are not creaming the bid and selling with some concern about plummeting the PPS.
There was one point when there were 5 or 6 lined up in bids for .04 and they were not taken out. That is good.
PPS will continue to drift down especially if they are in fact selling into it and there is not a consistent wave of new buyers.
Need real news or major support behind the scenes.
We'll see...
I see it like this. DM and company deserved a bashing every day before the RS. It was a stock scam that was obvious to anyone with experience. And I certainly has my negative say and was proven right.
Now post RS, I'm willing to give him a few weeks to see which play he is undertaking. Either same path of dilution, deception and another RS down the line or one of transparency and building a shareholder base and trying to drive the price up with real news and good legit developments.
I hope he gets over 6 cents so folks can get even if they wish.
If he stays gagged, hidden and the bad signs show up, and hte TA stats gagged, I'll say so. OK Diary?
I always preached look to make money not millions and you will do better. It needs to trade for a while and build support levels. Still to early to tell until all shares are free and especially important that dilution in minimal.
I'll tackle that. The stock had some good support today, but it did, at times, move up on very slim trading. If DM keeps putting out real news and not fluff, and he has some strong bid support and some players with juice and most important he does not dilute, he can have a nice run north. When volume hits 10 to 20 million days, that's when we'll know. But good start today. Hope it posts share structure. It will be a great sign of his intentions.
Hey all. Today was a good say for this stock. Surprised me. One more tic up and you guys are at break even. Good luck. Remember, it will be a bit tougher going when all the frozen shares free up.
NoBull
Kuan-- they are only labeled "basher" by the"pumpers". It does go both ways.
Most folks know we are not bashers. We inform, educate and share our expertise and or experience. And unfortunately for some here, we were 1000 percent right regarding recent turns of events.
Right now though there are bashers here, folks who are just angry over getting reversed out and just bash away at DM. Those guys are in fact the bashers. They need to move on.
Most pumpers here just do not have any firm ground to defend the company (yet) and they are non experts in business and pink sheets. They put their faith in people they do not know thinking they will do the right thing and they defend them even when the opposite is staring them in the face.
...that is sad, really.
Perhaps he can put some of these honorable, amazing, upstanding people on his board of directors that will stand up for his shareholders?
Kuan
First off, thanks for your posts and to those who appreciate my posts.
The truth is often in pink land, debt conversion is manufactured. Another form that is common example "504 financing" can be in a convertible debenture and go on indefinitely. These are mechanisms that can fairly easily be put in place for funding (casing dilution) as long as there is liquidity.
Many post here that do not have expertise, rest assured, I would not be posting if I did not have hands on experience.
NOBULLHERE6@aol.com
The truth is that you do not have the expertise or inside knowledge to make those statements which are laughable.
At least the truth was flushed out. Next.....
NoBullhere6@aol.com
CAMYDEN <I'm not defending the company. I got in knowing what the A/S was and that the T/A was gagged but was willing to take a shot at possibly having a return on my investment one day. Had no intentions of being a millionaire over night or to flip it. I'll admit, I have know clue if this company is going to make it or not, but at least I did some researchbefore I bought in. Your little tip there is taken and maybe they will but,if they do, I'll still be alright.>
I predict tomorrow the stock is .008 to .01 most of the day and closes no higher than .01
Without solid news or behind-the-scenes buying support, this sucker is tanking.
The one thing about living north of a penny, is that fluff PRs actually hurt the PPS. DM better pull a wabbit out of his fat ass.
CMAYDEN <I don't know what the current share structure is. Do you? It's right after the R/S so nobody knows>
LMAO-- of course. It's absurd and you've made my point. The public company knows-- get it "public company".
You're defending a public company that can be and should be transparent but chooses not to make it's share structure public. They simply can tack it on to any press release or ungag the transfer agent (TA).
After hurting all the shareholders would you not agree that if they want to restore confidence and rebuild, they would say here is our float and you can check every week to see that we are not diluting. But that is how honorable company management works and obviously not this one.
And here is a tip. They will (for sure) do another RS before uplisting to OTC. No broker will touch them even with current OS.
Time to separate the mice from the men.
Cmayden-- do you consider the current share structure acceptable for DM to uplist to OTC which is his plan?
OK big boy, lets hear it?
Soon this stock will settle in at 0001, where it belongs, and a whole new generation of chumpsters will be dreaming of making millions, defending DM and calling me a basher.
full circle
LOL
still waiting....
Dairy-
Please answer the following questions since you consider this a great play. These are very fundamental questions that any investor would want answered that I'm sure you can agree with?
1. What is the current float, OS and AS?
2. for the 4th quarter 09, is DM utilizing convertible note and debentures for continued financing?
3. Is the transfer agent still gagged?
I look forward to your reply.
People, the best way to shut a pumper up is to ask them the following questions;
1. What is the current float, OS and AS?
2. for the 4th quarter 09, is DM utilizing convertible note and debentures for continued financing?
3. Is the transfer agent still gagged?
You have all now learned the value of share structure and transparency. Good legit companies PR and post and update current share strucure and do not gag the TA. They do not set up pump and dumps and then RS. Just ask the three questions and that will shut 'em up.
NOBULLHERE
NOBULLHERE6@aol.com
Dairy-
Please answer the following questions.
1. What is the current float, OS and AS?
2. for the 4th quarter 09, is DM utilizing convertible note and debentures for continued financing?
3. Is the transfer agent still gagged?
Since you promote investing in this stock, and now that they reversed, i am considering a short term play based on those answers. These are very fundamental questions that any investor would want answered that I'm sure you can agree with?
I look forward to your reply.
Goooooo Evrn
Dairy <we were never misled it was right there in the pr's if you were paying attention and you know it. the only one misleading investors is you by trying to cause a panic.>
So it is I who caused and uproar and not the reverse split that decimated the holdings of investors.
Well golly gee-- who here agrees with Diary?
Let us know who the bad guy is, Nobull or DM?
Well, I'm a big shot online. My wife is calling so i have to run to the mall. Yes dear....coming....
LOL
goodnight
Nobull
yes, you're screwed. you got it right.
Day Trader--
How many shareholders of record, before Friday, that got reversed out of their big position are cost averaging down?
ANSWER: NOT MANY
They are angry that they were misled with fluff PRs, promises of DIVs, buy-backs and lack of transparency.
BUT... After a reverse and new symbol and a high visibility on IHUB, the stock attracts new investors and onlookers. It is more common for a quick rise and push up after a reverse and new symbol. But as justice would have it, look what happened...elevator down...to .02.
Thriving in a north of a penny game is a whole new racket, DM is (IMO) ill prepared to play. There will be real pressure for real news and real earning and transparency.
I see this going straight down to Hell and 0001 and then another (massive) RS only if he finally have real news and can actually advance to OTC. And again all supporters will get shut out.
All in my opinion as I have no inside info and it is only my speculation. I own no shares.
Tell me Day Trader, have you ever received free trading shares from a third party owner?
Day trader
<seems i'm not the only one "averaging down">
Hope you got enough cash to average down to .0001-- LMAO
YOU'RE WELCOME....
AS A MATTER OF FACT, I'LL REPOST IT NOW.
<I think you guys should stop crying already. Those of you that lost money as of yesterday chose to stay in for the ride knowing you were being reversed out. The RS was leaked and all over this board. It was a gift which never happens with guys like DM. He gave you a few days to get out of your original investment and you blindly and stupidly stayed.
I advised to sell out right before the reverse, and not get your funds frozen and then you can jump back in after reviewing the new situation. How much better advice can you get?
Perhaps you guys should not be making these investment decisions as you can't recognize a train wreck right in front of you? >
You win, you should buy all the EVFN you can afford to on Monday.
GOOOOOOOOOOOOOOO EVFNNNNHNNNNNNNNNN
Fact, EVFL traded 250,000 dollars a weeks for the 2 months I followed it alone. 2 million dollars in two months. Do you think the Tooth Fairy was the one pulling the strings? Who orchestrated all the dilution...Santa? That's why you guys get taken to the cleaners. LOL
If you really want to get technical get real. He is probably pocketing at lease 5 times that with all the money made from dilution. There, are, shall we say, plenty of creative ways to get paid in this world.
EVFL applied for the RS and it was recorded and the URL/link was posted here many times. We all know it was finally the real deal. Many diehards sold out and posted here telling others they cannot risk losing their money.
Listen, bad stocks all have red flags to recognize as warning signs. EVFL had red flags in every catagory imaginable. You could not have a worse investment based on known facts. I had never seen a worse play in all my years following stocks.
The stock never ticked up one tenth of a cent in 30, 40 billion shares traded. Your worse case scenario was to sell, play it safe and if no RS happened (even though it was posted) you can buy back in. So for 20 bucks commission fees, you lost 80%--wise move grasshopper.
I think you guys should stop crying already. Those of you that lost money as of yesterday chose to stay in for the ride knowing you were being reversed out. The RS was leaked and all over this board. It was a gift which never happens with guys like DM. He gave you a few days to get out of your original investment and you blindly and stupidly stayed.
I advised to sell out right before the reverse, and not get your funds frozen and then you can jump back in anfer reviewing the new situation. How much better advice can you get?
Perhaps you guys should not be making these investment decisions as you can't recognize a train wreck right in front of you?
Anyway, I'm heading to the movies soon, but every movie I want to see reminds me of this POS stock and the CEO...
THE BLIND SIDE
2012
NINJA ASSASSIN
COUPLES RETREAT
OLD DOGS
PIRATE RADIO
lol
By mid next week, this POS will be in a dead spiral to 0001. All who invest on the way down deserve to lose their money and all who invest at 0001 again will be in the same Twilight Zone as the last several months until the next RS knocks'em out.
The man said it himself. They hope to list on OTC. Well, ask any broker what the share structure needs to be for him to call his clients and recommend the stock. Then you can see that the mother of all reverse splits coming.
DM gave shareholders a huge gift. The RS leaked out and shareholders had 2 good tradings days to bail. If you stayed, it was either greed or bind stupidity and you got your just desserts, a dose of reality injected up your rump.
OUCH!
YOU'RE WELCOME
PS; Ask pumpers if they get free trading shares from 3rd party shareholders?
THIS GUY HAS CHUTZBA....
BTW, this POS is still a pinkie. As always his PRs are laced with come-ons.... "like our goal to be listed OTC".
Of course he'd have to do another REVERSE SPLIT to be effective on OTC and that's the big one many were expecting. It's coming. I'd sat 1 to 5000/15,000 RS.
So....here is what to expect.
More of the same. Hiding share structure. Gaged TA. More dilution. The same pumpers praising his worth on web boards. More fluffy PRs. And a train straight to sub-penny land. In the fractionals because that is where you get the rookie investors that by this crap. DM can't get the real savvy investors with smoke and mirrors.
All this crap about Divs are a waste of breathe BTW.