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Love the enthusiasm on this board . It's contagious .
Renee
I raise my glass to I-HUB for the green banner : ' To those on the Gulf Coast , stay safe . Our thoughts are with you , your families and neighbors . '
I-HUB , an unparalleled class act !
Renee
A true story . On the first day that I bought MSTF I had to phone in my order to TDW . The order clerk misinterpreted my
MSTF ticker and punched in MSFT ....Microsoft . He quickly realized his boo boo but reflected to me that maybe his ticker error might be a sign of good luck to my stock choice . He did wish me good luck .
So , there you have it .....MSTF has my good luck charm , LOL .
**** OT : I raise my glass to I-HUB for having a green banner to all those in harm's way of Gustav : ' To those on the Gulf Coast , stay safe . Our thoughts are with you , your families and neighbors . '
I-HUB ....an unparalleled class act !
Renee
And covetted careers would also be at stake , Soldier , to not do it right .
Competence isn't a gift . It is earned over years of consecutive successes .
Monarch will be one more notch in Mr. Pham's impressive record of career successes .
It would be inconsistent for him to reconcile less .
Renee
You seem to gravitate to ' ya but ' responses , J.T. I wrote a competent assessment to demonstrate that LTDI has apparently NOT been selling shares during the 2 1/2 month news blackout , but you insist on saying that they are , without any corroborative hypothesis that they are selling .
Selling A/S shares is ALWAYS perpetual until the shares have been completely sold . There would be 20-90 million volume days EVERY day for LTDI , not 2 million one day then 90 million the next day , then back to a few million the next day . Dilutive selling occurs EVERY DAY and is usually accompanied by earth-shattering news releases to assist in selling those shares , neither of which has occured with LTDI .
Retail capitulation in LTDI on given days is the most logical reason for alternately HIGH volume and LOW volume days .
Your linear thinking has taken up too much of my time , and I will consider just placing you and your posts on ignore where I won't see them anymore . I much prefer stimulating debate .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Fair rebuttal , J.T. Both opinions are entitled , however , the theme of my prior post was that Latitude is not a scam because the company is real and the speedboats are real , regardless to A/S , O/S , Reg D 504 , and the stock's illiquidity . Good grief , even another Pink Sheet stock with 30 BILLION O/S and had an A/S of ONE TRILLION has overwhelming evidence of being a scam and is trading much higher than LTDI . So , please try to not be so visually myopic on just LTDI .
To repeat , I await vindication for LTDI shareholders .
Renee
Two and a half months since LTDI's last news release will cause share price capitulation in any Pink Sheet stock .
Stocks on the OTC / Pink Sheets don't typically have SEC Filings to sustain share prices during news vacuums . It is news that drives the Pink Sheet System , and the news doesn't even have to have any basis in truth as long as the Pink Sheet machine gets news to feed the players .
LTDI is vastly different than most Pink Sheet stocks , inthat shareholders have verified the speedboats are real . Magazines and boat shows are verifications the speedboats are real . Thousands of boat show spectators know the speedboats are real . Those satiable facts should have been enough to satisfy
the retail LTDI investors and to sustain the share price , but the players vacate stocks that don't feed the news machine , and the incorrigible Market Makers will make their bank even when their downward drive hurts real people . They DON'T CARE as long as the MM's get higher volumes on a run UP or a walk DOWN .
So many Pink Sheet companies purport to be drilling for oil , or selling water in far away lands , or marketting UNSEEN products
on foreign soil , or ointments for Olympic athletes , or having the next ' better than sliced bread ' gimmick to bring in gadzillions of dollars in revenues , which drives the share prices of those stocks to the stratoshpere on the ' story ' .
Few , if any , of those stocks have one troy ounce of proof but the story hypnotizes Pink Sheet investors into selling their birth-rights to buy those stocks , to realize months later that those companies' primary product was freshly printed shares to sell to deceived investors .
Latitude has provided light-years more proof than many of the other Pink Sheet companies combined , yet the share price languishes in the basement because of the news vacuum of 2 1/2 months . If Latitude or any agent of Latitude were selling shares
to the masses then the selling would be prolonged and every day , just like all the other Pink Sheet stocks do , and the company would surely know that feeding the news machine would grace them with opportunity to sell billions on their story .
In a prior post I argued that LTDI is NOT selling shares of any significant amounts ...if any at all .
The company is on U.S. soil for all to see . The company makes speed-boats for millions of people to see . LTDI shareholders have ridden in the speedboats !!!!!
I accept that there may not be the accomplishments that everyone is hoping for with Latitude , but to refer to Latitude as a scam defies the logical abilities of a neanderthal . There are literally hundreds of other Pink Sheet stocks that really are scams and that trade much higher than LTDI's lousy .0001/2 ranges . One could think that the fixated purveyors of LTDI being a scam would have the same passion for all the hapless investors in those other stocks . Nope ....they would rather be like barnacles on Latitude's speedboats ....incomprehensible !!
I await the day of vindication for LTDI shareholders .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
I'm relieved then , Cargo . Just want the best for you and other WEGI holders whom I respect .
Renee
8-K on WEGI just out : Link :
http://biz.yahoo.com/e/080829/wegi.pk8-k.html
Wouldn't " here fishy , fishy " with some juicy bait work just as well ?
A girl joke .....I know .....barf .
Have a safe weekend everyone , logging off . Some of us actually have to work .
Renee
Indeed it is a fresh start for a brand-spankin new company and ticker . This is as close to an IPO as Racheff could hope for .
I sense that his ambition will ensure that the new stock really does change the " Pink Sheet mold " .
Happy friday , Cabroncita / Deborah , and a safe long weekend !
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
The closer we get to mid September I absolutely believe there will be strong demand for GITH shares in anticipation of the new company and new ticker .
OTCBB and OTC investors love the ' story ' of caterpillar stocks morphing into butterfly stocks .
GITH becomes a new stock in a few weeks .
Just watch the crescendo of momentum the closer we get to mid September .
Love it !
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
The new company , Stratton Corporation , will likely have GITH totally cleaned up and all past encumbrances resolved so that the new company will be completely unencumbered by mid-September . No GITH baggage with the new company . After the incorporation of Stratton Corporation the new company can then announce their green tech acquisition .
Mid-September begins a new era for GITH shareholders under a new ticker .
Racheff is a man-on-a-mission .
Renee
*** SWAG on the new ticker : STCO
It would be nice to have a tid-bit to chew on over the long weekend and then a knock-out 8-K on tuesday .
OK , I'll put a quarter under my pillow tonight . Oh ....that's for the Tooth Fairy .....hmmmm.....I'll think of somethin' , LOL .
As long as it is material event news with proof whenever it occurs , I'll be a happy Lass .
Renee
Thanks , Cintrix . Much appreciated . OK ....my mutt Beans' eyeballs are crossed so I think he really , really , really needs to water a few trees and fire hydrants .
Renee
I defer to your better experience in these matters , OverAchiever .
Accepted .
Renee
There are two OTC pinkies on that list , Markss . However , I will check with Pink Sheets for alternative corroboration .
But ....walk the dog first , then supper .....then as Elmer Fudd would say , time for me to west and weeeewax , LOL .
Renee
Just in case some readers are not convinced that MSTF has no current plans to reverse ( or forward ) split their stock , please refer to the following Nasdaq link :
http://www.nasdaq.com/reference/upcoming_splits.stm
Renee
I think that you are right , to reduce the filing costs . Even Microsoft has a par value of .0000065 for their billions of O/S .
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=5882001-820-200852&type=sect&dcn=0001193125-08-089362
Par value is just a minimal figure for the cost factors of filing .
Yup . Scottrade " no longer has proprietary investment accounts of our own " , which means ( to me ) that they are purely a Market Maker and not a Brokerage . Only Brokerages hold shares for retail investors .
The PPS of LTDI is lower than dirt so there is little profit for Scottrade to sell LTDI shares , particularly when it appears that no-one wants to buy at .0002 . There isn't any extra money in it for them to sell .0001's on behalf of a retail seller and to then allow a retail buyer to buy those same shares for .0001 .
Market Makers don't want to only make commissions . No-siree-bob , they want to also sell shares for a point or two higher and then buy them back for a point or two lower , keeping the difference for themselves . It is commonly known as MM manipulation , and they do it to ALL OTCBB and OTC stocks .
Scottrade will jump back in when Latitude provides any interest for retail buying and the stock goes to at least .0002 bid , or higher , depending on their own risk tolerances .
To me this is rock solid evidence that Latitude isn't diluting , where the greedy MM's can sell boat-loads of .0001's of NEW shares and still make profit on evey trade .
Thanks , Markss . Sometimes reading S.O.S. Filings are like reading ancient , Egyptian hieroglyphics . I think my interpretation is correct .
On the possibility of an acquisition , merger , reverse merger , I'll guess that the Preferred Shares will come into play .
Nice I-HUB board ....interactive ....respectful .....the intent of I-HUB .
Renee
Thanks , J.T. Further corroboration to my previous post , that LTDI is not diluting . Seriously ....THANK YOU for posting your replies from Scottrade .
Dilution creates liquidity . Heck , just take a look at FFGO with 30 billion O/S shares .....now , that is liquidity at its zenith .
LTDI ain't diluting and retail have stalled buying until proof exists that Latitude is acceptably viable .....ergo , no liquidity because the MM's cannot create spreads that favor their greedy appetites .
Renee
Excellent information , Jungle_Trader . Under Regulation SHO it is legally permitted for Market Makers to use naked short shares to either create a liquid market for illiquid stocks or an orderly market in liquid stocks . There are prescribed time-frames for the MM's to deliver the NSS that they are legally allowed to use . Although unethical , the MM's are alleged to cross trade among themselves to re-start the delivery date for NSS when a previously liquid OTCBB / OTC stock becomes illiquid , such as LTDI has become .
When OTCBB and OTC stocks have liquidity ( ie volume ) investors often observe run-ups followed by retracements .
These patterns are a combination of profit taking by retail investors which creates a higher supply than demand , and Market Makers collaboratively retracing a stock to cover the NSS that they used when the demand was greater than the supply on the run-up in PPS .
When LTDI was running to .0012-ish the volumes were high . It would follow that the MM's used permitted NSS to meet the demand for shares . However , the news vacuum for LTDI stalled the liquidity volumes which would have permitted the MM's to balance their books of NSS on an ongoing daily basis . With that in mind it then follows that LTDI's two month long news vacuum has created very low liquidity volumes by lack of retail buying interest . It then follows that possibly a Fail To Deliver of the lawfully used NSS exists , from the high volume days of two months ago .
Eventually an illiquid stock experiences capitulation in retail shareholders . If the MM's assess a stock will remain illiquid or will reverse split , OR has toxic dilutive financings in place , then the MM's can wait it out with cross trades between themselves so that they never have to cover the FTD's / NSS that they were legally allowed to use .
In reference to your email response from Scottrade it is my interpretation that the reason that they have ceased retail buying in LTDI stock is because they do not want to sell more naked short shares to create liquidity , which strongly implies to me that LTDI is NOT selling any shares whereby Scottrade could just wait it out for the stock to dilute itself to death and / or reverse split so that they would never have to cover their FTD's / NSS .
Rather , Scottrade is allowing full retail capitulation to sell shares only . Maybe Scottrade and other Brokerages / Market Makers are buying the capitulated .0001 shares to cover their ( likely ) Fail To Deliver positions in LTDI ; again , predicated on the Brokerages' collective knowledge that Latitude is not diluting and that Latitude ' MAY ' indeed have material event news that would force them to buyback any NSS that they use now , but at a higher price once material event news would create liquidity in LTDI stock .
If LTDI was diluting then Scottrade would allow buying . Period . It is what MM's do when a company is diluting ....they permit BUYING .
With the SEC's vigorous interventions against Hedge Funds , Market Makers , whomever , from using Naked Short Shares in
" ALL STOCKS " , possibly Scottrade won't take the risks of using NSS in LTDI at least until Latitude provides liquidity interest in LTDI stock .
Sorry for the long winded post , but your email reply from Scottrade is strong evidence to me that LTDI is NOT DILUTING .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Maronti : the previous A/S of 5 billion was increased by 5,000 to equal 5,000,005,000 . It is my interpretation that the extra 5,000 are Preferred Shares which then have a conversion value of 5 million common , if / when they would be converted .
Total Authorized Capital is made up of 5 billion Authorized Shares at .00001 to equal $50,000 , and the 5,000 Preferred would equal 5 million Common Shares when converted , and have a value of 5 million at .001 to equal $5,000 . Add those two sums together to get the new Authorized Capital of $55,000 .
Par value is simply a minimal value that is assigned to ALL stocks . Even Microsoft has a par value of .0000065 , so par value is obviously not relevant to actual share value .
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=5882001-820-200852&type=sect&dcn=0001193125-08-089362
It is difficult to simplify a complicated subject , but I hope this helps .
Renee
OK...I think I now understand the S.O.S. Filing .
Note the 5 billion A/S has increased by 5,000 . I think the 5,000 increase refers to Preferred Shares that have a value of 5 million common ( or 1 Preferred for 1,000 common ) .
The total Authorized Capital of $55,000 would be comprised of 5 billion Authorized Shares at par value .00001 which equals $50,000 , and the 5,000 Preferred which , when converted to common , would equal 5 million at .001 , or $5,000 .
$50,000 A/S plus $5,000 for Preferred equals $55,000 par value .
This Filing is NOT for a Reverse Split which would have happened on August 26th , and which obviously did not happen .
As I see it .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Agreed . I think the reference is to Preferred shares of 5 million at .001 that have the same equivalent par value as the 5 billion A/S at .00001 .
The math works for the revised amendment .
Renee
If anyone has an established rapport with the company then please contact them for a clarification . Pink Sheet stocks don't like ambiguity .
Renee
The Filing on Juy 2nd / 08 also shows par value of 5 million .
It is difficult to decipher these types of filings . Possibly the reference is to Preferred Shares of 5 million . Does not imply a R/S , IMO .
Action Type: Amendment
Document Number: 20080569132-16 # of Pages: 1
File Date: 08/26/2008 Effective Date:
Previous Stock Value: Par Value Shares: 5,000,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,005,000.00 New Stock Value: Par Value Shares: 5,000,000,000 Value: $ 0.00001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 55,000.00
Action Type: Amendment
Document Number: 20080445685-72 # of Pages: 6
File Date: 07/02/2008 Effective Date:
Previous Stock Value: Par Value Shares: 405,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 405,000.00 New Stock Value: Par Value Shares: 5,000,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,005,000.00
Thanks , Soldier . I should have also mentioned GOOD board with credible members posting .
Renee
I bought in yesterday afternoon . The company looks good . The stock looks even better .
Renee
Yes , Bluespirate , no buyers @ 2 and no sellers @ 1 .....and NO false volume market by the MM's ....and NO selling from the company .
If LTDI was diluting as has been alleged by some , typically diluting companies don't give a rat's puhtootie where they sell , so the zero volume supports O's email replies that Latitude isn't selling shares .
Simply ZERO interest until O&C declare the company's direction .
If the news was negative there really wouldn't be a reason to delay such news because the PPS is already lower than a snake's belly and investors would eventually know anyway .
Conversely , if there is material event news before the Second Coming then the PPS will rise on whatever the fundamentals indicate , with renewed interest from investors , a.k.a. momentum / momo .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
I'm glad you wuv me , Brad , but I did qualify my post with
" overwhelming , yet circumstantial evidence " . That would mean that posters with reasonably ascertained credibility could write to Matt or Admin with their supported suspicions and linked posts for substantiation .
Therein , if 4 or 5 credible members thought that a poster was a promoter and Admin then scrutinized all of the suspect's posts to also come to the same suspicion , then to me that is overwhelming , circunstantial evidence to at least contain that poster on a specific thread .
Posters with an embryonic lifespan on I-HUB of less than 6 months would not yet be considered credible to make such allegations .
I work with the best pathological liars in the world .....teenagers , and sometimes ya just gotta say " I don't believe you " . When caught with their hand in the proverbial cookie jar an offender will lie through his / her teeth that they were merely putting the cookie back , and they are outraged that lil ole me puts them in a real jail .
I never blink . Neither should I-HUB Admin . The non-disclosing promoters and even worse IMO , the organized pumpers , are a pandemic , one that is hoodwinking decent people into untenable money losses .
Good vibes to you , Brad .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Depending on Admin's successes at verifying non-disclosing promoters , Admin could still compile circumstantial evidence from other members who write to Admin with ' I think ' , ' I believe ' suspicions . Admin could use post restrictions upon those who are suspected of being non-disclosing promoters on specific threads , constraining the suspected and alleged non-disclosing promoters to an exampled three posts per 24 hour period .
Containment would have an effect .
Even the Courts can convict on overwhelming yet circumstantial evidence .
And IMO Admin should not surcharge those who do disclose , at least until ( or if ) the system of promotional identification is achieved and satisfactorily fool-proof . Penalizing honesty with prejudice would likely backfire from the desired effect .
Possibly Admin could extend a time limited amnesty to those who come forward and disclose . If Admin is burdened by having to discover the promoters then the caught promoters should be banned forever or they can pay a punitive surcharge for their deceit if they want to continue posting .
If the penalty is high enough for getting caught then it would encourage disclosure , which is the ultimate goal .
As I see it ....well , some of it .
Renee
There isn't a date on them , J.T. However , seeing those undated pictures for Latitude is still light-years better than most other OTC & OTCBB companies where ZERO proof exists for product and manufacturing spanning any timeframes whatsoever .
Out for the day ,
Renee
Dnoto : Incredible pictures ....major thanks !!!
Hundreds of Pink Sheet and fully reporting OTCBB companies have little to no evidence of product or working facilities , and have share prices in the double and single zero ranges , yet there are those who call LTDI a scam stock and Latitude Industries a scam company and trades in the lowest triple zero ranges . Unbelievable .
Latitude ....a REAL company with REAL boats in a REAL manufacturing facility . BELIEVABLE !!!!
One day LTDI just might get some respect and rise to the double and hopefully single zero share prices .
Thanks again , Dnoto .
Renee
I really miss S.L.'s posts that covered all spectrums .
My days began by reading her posts with my morning coffee .
I-HUB is diminished by her absence .
Renee
CEO Racheff does appear to be a ' man on a mission ' , Cabroncita . No moss growing under his feet , LOL .
Happy thursday .
Renee
Rather than edit my prior post it would seem that the appointment of Cynthia Hall MAY mean that the acquisition has already occured , and the subsequent 8-K would be a consumation Filing instead of an LOI .
Dat would be nice .
HDOG , if Cynthia Hall is connected to Green City then it would indicate that the LOI to acquire has been successful , and we should then expect to see an 8-K detailing the acquisition .
It will be the LOI 8-K that will transcend GITH's PPS to higher , sustainable levels , IMO .
Renee