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I agree with you, Grillit will be sub-penny very quickly. The 6 cent calculation was only based on the 30 cent price split into 5 on the day I wrote the response.
Despite the promise of more restaurants and franchising during the last 18 months, it has done nothing, zip, diddly squat, zilch. It still however puts out bogus garbage once in a while to trap some gullible bag holders into it's web of deceit.
I have been a Nautilus shareholder for over 3 years. The reason it is only at 20 cents is because it has been in a battle with the Papua New Guinnea goverment for the last 2 years. That has caused major cash flow problems as well as a delay in building the ship that has all the facilities to carryout the sea floor dredging and processing on deck.
The Company does have some major shareholders who have stood by them so unless they go totally out of business then they could be a turnaround success. I hope so because I paid way more than today's prices when i bought in and I just can't bring myself to spend anymore in averaging down because i just don't know whether it will be a win or not.
It is one of those situations when you wish you could see inside a crystal ball.
For your sake I hope you are correct in your assumption. My take is if the current market valuation is approx $14 million, why would the valuation go up to $70 million just because they have added 400% more shares. To me that is a 4 - 1 split, bonus shares or not. so all those extra shares are then devided into the same $14 million valuation of the Company. By my calculations that would value today's shares at around 6 cents at todays price.
If you have accumulated those shares since September, then that value is going to decrease by 80% when the extra 400% shares become available to trade on August 7th this year. The value of the Company won't increase 400%, just the share price will get slaughtered. And if you have accumalated those 100,000 shares since September then, you don't qualify for the extra 4 shares for each share you own. The people who owned shares prior to Aug 6th 2013 will get the extra 4 shares for each share they owned.
In the OTC markets, companies change names and tickers like babies change diapers, regularly!!! However when known scam artists have been involved with a company, either currently or in the past it should be like getting hit across the forehead with a big stick. Stewart Irvine is a scam artist, was, is and always will be.
If you're seeing everything through rose tinted spectacles so be it, but don't say you weren't warned, and if you do get into profit get out quick because the bottom will fall out of this POS.
3 or 4 ticker changes ago REFG was WCOLLECT.COM Inc and please read this attachment
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=1008301
Mr Stewart Irvine.
Just another scam, probably on the SEC radar already. Anything that Stewart Irvine has been involved with, past or present, is a scam. End of story.
Name change, future ticker change, SCAM continuing at Grillit. Just more bogus guff from the scam artists overseeing the running of this mum and pop operation.
Just waiting to see what happens when the 400% extra, currently non trading shares, become available to trade on August 7th. Anybody buying shares in this garbage today doesn't qualify for the new shares so they are going to get an 80% haircut straight away. The suckers who held shares as of August 7th last year and who qualify for the new shares, and are still holding, have faired no better. The value on those shares has dropped almost 90% since then.
I hope their food in the 2 Mickey Mouse restaurants they own leaves a better taste in the mouth than being a shareholder in this Gong Show.
MarketClub living in a fishbowl, just received their top 10 for today of which the suspended PTOG is on their list. What a bunch of numpties. Do people honestly believe in the guff that these idiots put out??
Yes they can, it's called money laundering and deception.
Yes it was huge - everybody got screwed, never mind roll a joint and suck it up.
And this will add "what" value to this scam? "This initial feature will allow online ordering of its menu" how does that ground breaking and earth shattering news justify even a news release.
I hope the food at Grillit is more soothing on the stomache than holding the share. Most shareholders are feeling sick to their stomaches with this POS at the moment. 16 cents from $5+ is hard to swallow.
More like "Bull"s--t today?
Big RED flag on AXXE this morning, 27 days out of the 38 days that AXXE has been promoted by one of the promo newsletters since 3rd September 2013, the share price has hit it's daily high in the first 30 minutes of trading. This morning PrePumpstocks.com has it as their pick. Don't get suckered in to early.
I wouldn't argue with that, when I lived in England I almost joined a syndicate of fellow workers that owned 4 greyhounds. I was going to the greyhound track 3 times a week, and loved it. Around 3 national newspapers would run a competition each year to own a 2 yr old racehorse in a top trainers yard which would give you VIP guest treatment and all winnings and place money. I would enter them all, never won.
My complaint here is not with the concept, it's with the valuation. I could claim 3 horses, geldings or otherwise, for $10,000 each and put them in training with an average trainer. So I've spent $30,000 plus the upkeep costs. Would that make me worth $15 million, scratching my head on that one.
And remember the 3 horses EMBR own are not yearlings or 2 yr olds that still have the potential to turn into good horses these 3 are 6 - 8 yr olds that are in the latter years of there racing lives and that have never amounted to more than below average, at best. And as geldings they have zero sell-on value.
I like a good belly laugh, so I see the humour in your Wiki link. However until EMBR start buying and owning 2 & 3 yr olds there is no chance of Kentucky Derby winners, or any other classics for that manner.
Since the current crop of donkey's that EMBR own range between 6 - 8 yr olds it's like comparing The Miami Heat to the Harlem Globetrotters.
Do you actually think that there are zero costs for the upkeep of a racehorse. These donkey's are running at the bottom level of horse racing, they are geldings so have zero breeding use, it's like a car after running they are going to the knackers yard. With a bit of luck you might get Canned Corned Beef value when they mince them up.
Training, Jockey's, Feed, transportation to the track and the entry costs for a race cost a small fortune. These donkey's will struggle to get their costs covered. And then if the horse sustains an injury you're losing money bigtime.
You need to get $2.91 at open to get your money back from Friday close. That is providing the reduction has already taken place. If it has it's another Con-Job. No good will come of this.
Is this a trick question??????????????
Looks like the same people willing to invest in this stock scam want to throw more money on this donkey. Unbelievable.
Janice as you are probably aware the person you are responding to is well versed in touting promo stocks. And as to whether he has made $22K he may well have since the touters get the news well ahead of the newsletters they pump out.
If he did get out, as he says, that's a pity, as the people touting these scams deserve to be the ones holding the bag when the SEC shut them down.
The starting gate?
And They’re Off in this Claiming Race
“It’s a Scam” is your early leader, closely followed by “Promo Stock” and “Spam Mail”. “Day Trader” is tucked in behind the leaders with “Pumps in Full Swing” tracking these and “Tim Sykes Shorter”, “The SEC” and “The Bag holders Long” bringing up the rear.
Going down the back straight and “Promo Stock” has been joined by “Pumps in Full Swing”. “Day Trader” looks like he’s enjoying himself getting pulled along in the jet stream of the two leaders, “Tim Sykes Shorter” and “Spam Mail” look ready to pounce but don’t count out “It’s a Scam” and “The Sec”. Unfortunately “The Bag Holders Long” looks like he’s already wasted his entrance money.
Turning into the straight and “Promo Stock” and “Pumps in Full Swing” are starting to fade, “Tim Sykes Shorter” is moving nicely but “It’s a Scam” and “The Sec” are really starting to eat up the ground. “Day Trader” has ran a good race, however “The Bag Holders Long” is still struggling badly.
Heading into the last furlong and “It’s a Scam” has took the lead but “The Sec” is ready to pounce, the race is between these two as they’re heading towards the finish going right to the line and “The Sec” has caught “It’s a Scam” and wins the race.
The connections of “It’s a Scam” will be more than happy with their showing, as will the connections of “Promo Stock”, “Spam Mail”, Day Trader” and Tim Sykes Shorter” who all ran good races and will make plenty of money in the future.
As for the future of “The Bag Holders Long” we have just heard he’s been sold to Embarr Downs Inc. That’s EMBR on the Over the Counter (OTC) markets.
GLTA
The only thing "green" with IMTC now, are the bagholders who are vommiting in their bathrooms at the moment. Another disaster for the Touts who associate themselves with these scams.
Newfound Gold (7 yr old) - Race record 31 races lifetime, 5 wins, total prize money in 6 racing seasons = $95K. So guys dont expect to get rich on your 20% cut of the future prize money on this pit pony.
This is one of the 3 nags they own and the youngest is 6 yrs old. You may see these pulling the kids along the beach for $5 before the end of the year.
Don't get suckered into this scam. If you really want to invest in something about horse racing buy the Marx Brothers "A Day at the Races" DVD. A great movie and in 2 years time the DVD will be worth more than 10,000 EMBR shares bought today lol.
About EMBR-EMBR has three horses, all geldings, which take part in the claiming level of thoroughbred racing.
Geldings are dickless and the next level of racing down from claimers, for a dickless claimer, is to be minced up and put into tins of canned corned beef.
I know a horse owner that just sold one of his geldings to the Amish community to pull their buggies along the roadside.
STBV is a historical scam run by fraudsters that have served jail time in the past.
12 billion shares!!! everyone in the world can have almost 2 shares of this POS.
Surprised none of the pumpers have been on to defend this POS, it looks like even they are to embarrassed to to tell more lies about this shell.
LSTG is a scam that defrauded the public of millions of dollars 2 years ago. The people running the scam have zero scruples and would sell their own grandmother to make a few bucks. BUYER BEWARE!!!!!
From P&D.com-Looking like this scam is about to start-up again
Looking at tomorrow's con jobs, LSTG is back after two years in the doldrums. This was one of the biggest scams of 2011 and screwed the street out of several tens of million of dollars in a pretend Mexican gold play that was pumped over a 5 month period, before sister scam, OREO, took over the job of raping the public. Now in an effort to stick it to investors once again, LSTG is pretending to launch a media division to go with its mining division. Sure? Why not? Pretend gold and pretend music go well together. Best Damn Penny Stocks' baby sister newsletters will kick things off for the renewal of this ticker's Pump & Dump intentions.
How can you say that when 95% of people buying today are losing money. It more or less went straight up to 50% at the off and has dropped for the rest of the day to currently lie at it's lowest level.
Oh my word, look at the chart over the last 3 months and tell me how many people have benefitted by the current 22% day rise. For a start only a couple of trades today are in profit, due to the higher opening price. And now look at that current price in comparison to the last 3 months on the chart and tell me how many longs are up on RITE.
The fact of the matter, other than the shady charactors involved in this garbage, the vast majority of investors are losing a fortune.
When the touting stopped so did the buying. Looking like heading back on it's 3 month downward trend after the early spike brought on by a concerted early morning pump.
Well since recent financial reports basically suggest AMOG had zero revenue and zero cash on hand, the only way these promo's were going to get paid would by the insiders dumping their stock on the gullible public.
So it would appear the promo's don't get anything apart from their accountability and reputation taking another hit.
I, for one, am really pleased to see the SEC getting to grips with these scams. I don't like to see genuine investors losing money but as far as the crooks running these scams, most deserve locking up and the keys thrown somewhere in the Bermuda Triangle.
I hope the recent purge by the SEC continues
Hope the car moves quicker than the share price. originally thought this may be worth a punt but now just looking like a sideways stock going nowhere.
I love a dose of HUMBLE PIE ha-ha. Shows when it comes to a pump and dump, due diligence doesn't exist,it is all a big con. After APS went belly up due to to much egg on their faces, PennyPickAlerts lays an egg with it's pick. Just love it!!!
Another pumpanddump scam nipped in the bud!!
$13 million finance deal, so just let me know how that equates to a $148 million valuation. looks like my Mathmatics teachers were bullsh*tting me at School.