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the interview occurred last wk, according to the author.
how much did you short at?z
Solomon said that, but can he be trusted?
OS uuuup to 39,304,156
I guess we will see another big increase of OS tomorrow.
I meant the earlier bidder was not from OTCX.
different broker, OTCX this time.
Quite a few cheer leaders yesterday, I wonder where they are now.
The supply is still more than abundant, why didn't the big buyers refrain themselves from flexing their muscles?
They bought 100,000 shares in one transaction.
Then they placed a bid of 400,000 shares. Maybe they try to build a bottom. More likely, they know that this round of dilution is about to come to the end.
Interestingly, Solomon did mention to me that the company was recruiting a Chinese institutional investor to buy when I called him a few weeks ago.
was him the same guy who bought 100000 shares today? or a different guy?
The only thing going up is the O/S, the pps has gone down and it will go to sub 20 cents within 2 months.
use your head, then you know you should short the pos.
So if the pps is $1, then this is a half billion dollar company, given the current O/S, (assuming no further dilution)?
Not too realistic.
Actually, it is 430 million shares right now.
4. Current Issued and Outstanding and Reserved Shares. The Company hereby represents and warrants to the Holder that, (a) as of the date of this Amendment, the Company has 500,000,000 shares of Common Stock authorized, (ii) as of May 30, 2018, the Company had 153,927,839 shares of Common Stock issued and outstanding and an aggregate of 277,363,962 shares of Common Stock reserved for issuance pursuant to outstanding securities that are convertible into or exercisable for Common Stock and other obligations of the Company, after giving effect to this Amendment and Amendment No. 2 to the Securities Purchase Agreement, dated January 11, 2018, between the Company and the buyers signatory thereto, and the convertible notes issued pursuant thereto.
What is the current O/S now? Anyone knows? Found this one last weekend. Thanks.
I wish you the best during the difficult time. Remember, time is the best panacea. The worst is behind you, since you already stand up and face it with your toughness.
strange but it seems that someone has been buying a lot of shares lately.
RD, do you know how much net income of TRW come from its aquafarms, and how much come from its trading subsidiary?
I agree, Garrett is our hope, not lawsuit.
Did you pass your intention of suing him to Solomon?
someone is buying. who are they? Solomon said the company is trying to attract Chinese institiounal investors. maybe some buying are from those firms.
OS up,up up again. pps?
OS went up again.
That is probably a Chinese mentality. They treat assets as important as cash.
That kind of shares allow current share holders to purchase shares from the company at certain prices. Solomon thinks that is the anti dilutive benefits for current shareholders. Lets say, if the company dilutes 18%, they allow you, as a shareholder to buy 18% of your ppsitions at a certain price, so that you are not diluted.
jyyoo, that is only wishful thinking. If they intend to put a cap on O/S, why did they take about preferred shares and the so-called right dividend shares (i.e, right to purchase shares at certain price) etc.
He will not stop dilute the shares. That is the main problem.
Solomon cares a lot more about asset values rather than market value. He told me last weekend that the company has over $600 million assets when I called him last weekend. So unfortunately, he still does not understand how he market works.
I agree, we should not ask any technical questions this time.
I sent an email to Solomon and Dan requesting for a cc with live questions/answers. I hope some of you guys can do the same thing.
what is your plan for the lawsuit? any update?
This is nosense. Years ago, no one wanted him to build the abbatoir, he went with it anyway. $50 million down the drain. not all growth is healthy. He still does not get the concept.
A million shares traded today. The bid is strong from ARCA.
I agree, they can even split 5c to 2c for Q2 plus 3c for Q3, considering the credibility of the company.
not even 30%? awful.
So is HMNY a ChiScam company?
The dilutuon is on, the promised dividend is seven months away, no progress on TRW dividend shares. So, not surprising.
you got out at $.85, right? so ypu should not be onw complaining?
There are more than $13 million other payables, recently, Solomon settled three million by issuing shreas at $.71 per share. What will happen to the $13 million? This is si tantalizing.
And I hate the preferred share thing.
we will see how the preferred share thing play out.