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Not really, they will first get a notice from Nasdaq with a time frame to appeal usually. It's should be within several trading days for the notice I think, 7-10 trading days?
I'm betting we see another large drop when the ticker gets delisted and starts trading OTC as RJETQ. Then the real fun begins imo.
Yeah sweet volume, dumping at the bid and settling for whats left.
If Goulding and Pope aren't in Jail, I doubt any poster in a message board has anything to worry about lol.
Good luck with that, shorting a BK play that can swing up and down 50% is going to take a lot of good luck, if you can find a brokerage that will let you short it that is.
Of course there is no link, you don't have to believe it, you can believe that Pope and his buddies legitimately had a business plan. Or you can see that it completely fell apart and somehow the share structure has nearly tripled from where it was before that previous plan came together, now suddenly there is hope for a new business plan and a perceived retirement of shares.
What we do know is Pope lied about keeping shareholders up to date.
Pope lied about maintaining a weekly share structure on the company website.
Pope has changed the business plan several times.
Pope has done a terrible job on maintaining the corp website.
Pope has let the company go dark.
Facts only right? Those are facts.
I know what I believe. Time will tell who is right.
Retiring shares you were planning on dumping into a run isn't really that positive of a thing is it? How many shares were sold when the stock began to move up with the previous business plan? Remember those couple of days with hundreds of millions shares sold? You think that was just retail? No, they had plenty left to sell if they could sustain the momentum but they couldn't, they killed it and this is where the stock is stuck, with a bid at .0001.
Pope "retiring" those left over shares that didn't have the momentum or volume to sell is just lipstick on a stuck pig.
Yes, it will trade on the OTC markets most likely as RJETQ in the next couple days.
RJET doesn't own routes, the planes they do have are under contract with the mainline carriers they contract with, who also have first rights on the leases if RJET can't maintain the flying. That means AAG (American airlines) for example can take over the E175's they contract with RJET and have them operated by another carrier without the pilot staffing issues RJET has.
Regional airlines operating under capacity purchase agreements are not the same as airlines that operate there own routes and fleets. RJET is a sub contractor, without agreements with mainline partners they will cease to exist. They don't have a product to sell to the public, their customer is the mainline partner, if the mainline partner isn't happy with the product (Delta and American) they will take over the leases, or like DAL is doing, sue them for not maintaining their part of the agreement in operating those airplanes.
RJET is in real trouble because of Bedfords poor management style, his poor decision making, his poor relations with his employees, especially the toxic relationship he has with his pilots. He has had a tough job recruiting new pilots and now with a company in BK pilots with less than 3 years of seniority will leave knowing they oppurtunity to upgrade to Captain has been pushed back for several years while other airlines like SKYW pay more and offer stability and a solid chance of upgrading to Captain in 3 years or less.
RJET is in real trouble, the same position that Pinnacle and Mesa airlines were when they went bankrupt. Pinnacle was taken over by DAL and shareholders got nothing. Mesa came out of BK as a private company and shareholders got nothing. The same will happen here IMO. There will be great swings and bounces to trade but in the end common shareholders will be left with nothing.
This isn't an Anerican airlines situation, this is a company that is a sub contractor for its product with a CEO who has made several mistakes and has a toxic relationship with his employees, those employees especially pilots have no loyalty to him or the company and will bail out for better opportunities else where.
Before Rjets issues started affecting its share price, SKYW and RJET used to almost trade the same, any problems with RJET would result in a drop in PPS at SKYW, with no reason. SKYW has always been profitable except for the express jet side of the operation, even then the Skywest side maintained profitability. It makes me wonder if these "analysts" know or understand the business model? I was listening to a conference call last year when an analyst was asking questions regarding the parking of 50 seat airplanes on the express jet side of the house and the resulting loss of revenue. The analyst was concerned about losing 1 billion in revenue from parking those airplanes if profitable flying was not found, that would save the nearly $29 million it costs to keep them around, which coincidentally is what Skywest was losing on the express jet side of the house. All he heard was losing $1 billion in revenue.
There is a reason SKYW was named one of the least transparent companies in America, it's not necessarily a bad thing, management just has a quiet strategy.
SkyWest (SKYW) has been overstaffed on the Embraer 175 side of the operation with pilots for the last several months. They have trained and have almost 30% more pilots then they currently need sitting around on reserve collecting a paycheck and not having any flying to do. Management does not like paying pilots to sit around but they are also VERY strategic. The on,y airline in a position right now to immediately take on additional flying of E170/175 equipment right now would be SkyWest. Mesa is struggling to keep up with what they have and attrition of pilots is hurting any growth staffing they have, Skywest also raised first year pilot pay yesterday to $36.50 an hour (coincidence with Rjet BK?) Mesa first year pay for pilots is $22 and hour and my bet is they don't have the financial strength to raise it.
Feel free to analyze anyway you want, I'll continue to micro analyze the trades while looking for dilutive indications. It's not comforting seeing my bids get filled several times now with large blocks well below the ask, hey I'm glad they got filled since we all know a run is coming, but like I said before, I call it like I see it.
As far as Pope is concerned, of course his actions are relevant here just as they are with his other company. It's not just something in the past, he is presently the CEO of that one too, his dilutive actions there are relevant here as long as he holds that position.
This the OTC, notorious for dilution, it's our job to look for it and call it out.
Good point, hopefully they continue to stay open with answering questions regarding share structure.
I'm just hoping Pope isn't going to be the one writing the PR's here, if he does I hope he gets it together and let's his 6th grade niece proofread them before he releases them! His spelling and grammar in his PR's is ridiculous, get it together Pope and don't make the same mistakes here.
Still waiting on Popes performance here, his actions on the other one are pathetic, well at least after the huge run that he dumped in to anyway...we will see what he does here.
Just because I call it like I see, doesn't mean I'm not holding or buying.
Keep with the updates, it's great! Remember when the Float shares doubled a couple weeks ago from 38 million during the days have heavy trading volume? What do you think CDEL is doing now? What will the share structure be like in a month? Still not a bad SS by any means but don't be blind to what's going on.
What do you know, looks like CDEL just dropped another 327K at the bid, almost 20% below the ask again.
Great, not what I'm arguing, what does that have to do with CDEL sitting with a fake ask holding larger amounts to sell?
No that was at 3:08 est. just over 30 minutes ago, ask was 117K ETRF and CDEL on the ask, 118K bought, ETRF disappeared and CDEL still sat there with an ask of 50K, the same as whatbtheynwere showing before the 118K buy.
just watched an ask slap try to take out the 35's CDEL's 50K didn't budge and it was filled...CDEL seems to have plenty to sell,
How are things going for you at the CHIT camp? Got an exit strategy there?
How hard is it it to proofread and spell check something you are putting on a professional website?? That has always been a problem with Pope, his ability to write anything is atrocious. I'm no writing major by any means, but Jesus Christ, he is a CEO of publicly traded company that can't do a simple proofread or spell check! It's ridiculous and something that has been a problem all along, how the F does he not get it???
I've come to believe that these so called "retired shares" are nothing more then the shares Pope and his cronies issued and didn't get a chance to dump as the ticker crashed from the several hundred million they dumped in March. They ran it up on a "business plan" that was BS and crashed the pps when they cashed in on the run.
Diamond you keep posting the share structure, what was the share structure like before the run up on that last so called business plan? I'm not really expecting an answer....
No you did not, in post number 63367 you stated "yup, great range to continue to buy back shres"
Here is a game we can all play, let's take a look at Pope's professionalism in maintaining his website. How many errors in grammar and spelling can you find?
Better not turn it into a drinking game, you would get wasted! Maybe Pope was when he wrote this gem up?
Date Created: May 18, 2015
Project Start Date: Active
New Business Division
IJJ Corp has elected to not seeking funding for American Energy Holding Inc., (AAEH) and to directly engage Environmental Services market for State and Federal and State Governments contracting for IJJ Corp.
We have identified existing market activities to bidding on contracts and teaming oppornities with existing field service contractor looking for additional staffing and equipment. This decision was a direct result of the Mr. Pope, experience in federal and state government contracting over the 30 years.
The environment restoration, recovery, and preventative services are directly related to CO2 elimination. As we engage in seeking to fund AAEH based on the pending patent, we discover that the industry had already create far more superior integration and capability in the AAEH pending patent, which in our opinion made the patent obsolete as a state of art configuration.
While at the sometime, the need for investing is a solid choice because Fracking pollution cleanup is enormous in size and very extensive.
Brief Description:
IJJ CORP will target existing environment services companies providing on-site staffing of engineers, projects, and directors involved in complying with clean air water requirements to avoid for federal and state governments fine for regulatory valuations (fines).
Next, IJJ CORP seek to start providing onsite deployment of small scale recovery of Flared Gas mobile systems and professional services to support client requirements to reduce pollution and create credits from active participation in environmental climate control improvement initiatives. The company will continue to do business under its trading symbol IJJP to provide environmental services, retrofit attachment, and has a leasing service to support the various mining equipment, energy saving lighting solution providers and to afford it mining companies the opportunity to acquire state-of the art mining equipment.
Competive Advantage:
Most importantly, IJJ Corp will adapted and match it partnership in the environment services by winning a US General Service Administration Price Schedule, registering in all states as minority control business. Supporting our ability to win and to be selected for contracts includes becoming a member of National Black MBA Association, which provides direct access to the Oil industry, major manufacturers, and factories, and seeks to acquire an 8(a) business status, Veteran controlled business; soon a disable Veteran controlled business will enhance our overall completeness.
Shouldn't have to call the TA, Pope promised weekly share structure updates and he lied and failed at that too.
That's the truth, facts are on the website.
No you claimed a buy back, volume is the fact that shows that ain't happening. Funny, why don't you post what the share structure was before the run up and the eventual dump that tanked the ticker?
You claimed there was a share buy back, you said "great range to continue buying back shares" that is BS. No one is buying anything of significance over the last six months, especially Pope. There are 25 million shares available at .0003 that no one wants to touch. Facts only please Lol.
There hasn't been any significant volume over the last six months. No one is buying back shares, wake up.
He already discredit himself by going dark, getting the stop sign, and not maintaining any current info on the joke of a website he has for IJJ Corp, all imo of course.
By the book means keeping up with filings, means keeping the ticker current with the SEC. Pope hasn't been doing anything "by the book" here. What he says doesn't matter, it's what he does that counts and he has failed. Well technically HE hasn't failed since he made his money on the run up when he dumped 200 million shares in one day.....
Hope not, he already blew it on this ticker, would hate to see him blow it on that one to.
Follow the rules? Why is there a stop sign on the ticker at OTC Markets if Pope follows the rules?
That "CEO" is now doing 23 years in prison for that run! Jehu Hand another notorious OTC scammer (tried to run a scam R/M on another ticker, shareholders organized and sued to stop the R/M and R/S scam) was just arrested in Dec, he will be on his way to visit old Rufus soon!
Hope Pope is legit on this one! Time will tell or he can go visit those guys as well!
I was in that also! sold way to early but man that was a run! Someone was caught short and if I remember right it was either scottrade or TD Waterhouse that was caught in a squeeze with a naked short position.
Much better to tuck tail and lurk if one doesn't have the capacity to refute the DD posted on the board.
You seem like a reasonable guy Hutch, the other guy on the other hand is better off lurking since he can only attack posters without refuting the DD shared. Anyway I find it hard to believe that the ticker is in the shape it's in by anyone's fault but Popes. Seriously letting the company go dark and a stop sign when he claims he will help companies avoid that or bring them current??? That's IJJ Corps business plan and what Pope has offered to do for other tickers for the last year! It's completely ridiculous.
There was a bid that could handle the amount of shares I had, something is better then nothing and I know Pope is capable of running a stock on BS, he needs to to make money, that's what he does. I'll join the ride and probably get back what was lost here.
Can you refute what I have said and what has happened to the ticker since July? Nah, didn't think so, it's all right there for anyone to see, aside from the RS part, that of course is just guess, a likely one at that.