RETIRED GE QC & R/E
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I see your starting to understand that insiders don't BUY, the give each other conv't preferred at no cost. REGARDS
r or stated value and description of the security
T
he Common Stock has a par value of $.0
0
01. The Common Stock has
a one
share one vote right but no
future rights to dividends
.
As of
December 31
, 2013
t
he preferre
d stock has
1
00
votes per share
and 1
00 to 1 conversion rights into
common
stock
but is not
entitled to receive any cash dividends
.
The Company
also converted 1,000,000 shares of the preferred stock on May 1, 2013 into
100,000,000 Common Restricted Shares for the CEO, Steven St. Louis.
As of
January 7, 201
4 the voting rights for the preferred s
tock was amended to 200
votes per share along with 200 to 1 conversion rights into common stock.
If all
the
remaining
preferred stock
owned by Mr. St. Louis
was converted into
restricted
comm
on stock in t
he future it would be equal to 8
00
,000,000
common
s
hares.
Therefore the Company may need to increase
the Authorized Common
Stock to
above its current
750,000,000 to allow enough room for potential future
convers
Why the price jump?
If you take in account all the stock that will be converted in the near future, (with preferred G & H) you come up with over 3 billion shares. As far as this People Vine adding income you are wrong again & it was stated that 200-400 million will be added to make it profitable, over 1-2 years.
one of the many problems, why people are not buying, is that there is no board of directors to help stockholders. Just a one man operation that St.louis has gained control of.
I'm not the one BLINDED by GREED!!!
Sorry, I just can't see a grower sending his product here to be packaged. It's all just hype,but I do hope it might raise the price by pumping the idea. REGARDS
What is the difference of packaging weed vs. ballpoint pens or razor blades. It's all just packaging with a lot more security required.
You might mention the new series "H" preferred (326,000 shares sold as of 12-31-14) at a cost of $1.00 each, convertible into common at a 30% discount. It also pays a 4% cumulative stock dividend, which will add more billions of future shares. It's good to be KING!
St.Louis is the one who got it. 5 million preferred "G" stocks for free when he became CEO. Now this was convertible to common stock at 100:1 so he could get 500 million upon conversion. He converted 1 million into common around 6-30-13 & got 100 million common shares. Now that left him 4 million G shares worth 400 million common. As if that wasn't good enough he change the rate to 200:1 on 1-7-14 that now will give him 800 million shares more of common and people stand & cheer him. All in the annual report. It's good to be KING!!!
It's in my IRA so loses don't count!
Invicta Group was the former Co. name.
Company Officers/Contacts
Steven St.. Louis CEO
Paul Sorkin COO, General Counsel
Company Directors
Not Available
Company Notes
Formerly=Invicta Group, Inc. until 11-2010
At least you know the bottom is .0010, cause the conv't don't want to lose money.
The bank money is for salaries, St.louis alone get $250,000.00 & has picked up 53% of all shares. Take a step back & look at it all.
Sorry but 1 billion won't do. They have 445,025,000 shares due out on the conv't, plus where do they get that $400,000.00 they want to put into People Vine. More debt is coming.
Buried deep in the report is the conversion notes debt to stock paid out. These guys are getting shares at .0010, but there is a time restriction on selling. Gosh I hope they don't lose money!
Private messages our available for everyone Fri. 4-5 pm (HAPPY HOUR)
St.louis owns 53% of the stock, how much more do you want him to get? The market does not like these 1 man operations with no directors.
What is this big todo about a pot container. You push down & turn the lid like all other Meds. It's not Rocket Science & you don't have to go to China to reinvent the wheel. It's just another packaged product with ultra high security.
Steven St. Louis sure has the gift of GAB. Not a word on the stockholders/investors value of People Vine. Do they get nothing out of this purchase/merger or was that also a 1 man operation like this. On 2012 there was 8,554,746 shares outtrading at .025. 2013 closed at 485,524,621 & now 727 million with Steve owning 53%, ceo & only director. In 2013 he gave himself a salary of 1/4 million dollars & a credit card of $100,000. People stand up & cheer him with the $460,000 cars(not trucks)he bought.
I still don't see what the price was for PeopleVine. Can anyone tell me the page #?
More like 3-5% NET profit.
I get the feeling that all the update info will come out on the AMERICAN GREED show at sometime.
Hey Johnmm- I remember when you stated I was too naive when I mention I was looking to get out of this! Well you changed your tune must be NAIVE also. By the whey I bought 1/2 million more at the low.
Last years report came out March 18th, but they have till the end of the month & could delay with an extension, usually 2 weeks.
I've had this for over 5 years only because it was a lithium play. I see no positives in all that time & not worth selling.
Hey subareme, I see you were in Nam in 67-69. So was I 66-67 1st Air Cav. at Ane Khe. REGARDS!
Last years report was issued 3-18-14.
There's enough WAITERS here to open up a chain of restaurants coast to coast!!
Basically MVPI is has a suit against Google for patent enfringement. MVPI has patents on it's Visual Real Estate from 2004 & Google has the same thing started in 2007. A billionaire, Dr. Philip Frost has bought 10% of MPVI due to this lawsuit.
I'm still in here for the next punp.
Read the 9 month report. Steven St. Louis owns 53% of the voting stock & is sole director. He gave himself a salary of $250,000.00 for 2013 plus expenses. $450,000 for cars & also carries $1,250,000 as an asset for Good Will. Nice to have your own Piggy Bank.
Just got a DVD on this stock in the mail. Third party paid $100,000.00. Will look into all the claims they made.
Keep watching "AMERICAN GREED" so you don't miss it.
I wish I could sell & get out as I have too much into this. I think all the details will come out on the the 1 hour special on CNBC. It will tell what they paid for People & all the rest. Look for it under AMERICAN GREED!
Why would we sigh a 1 year contract with People if we own the Co. Please explain as it makes no sense.!
I also noticed that they carry assets of $459,000.00 in autos with a bal due of $129,000.00 in the last Qtr report. It must be nice that the Co. pays for management's new cars. That sure doesn't help the bottom line net income. If gross is 10 mil a 3-4% net income is nothing to brag about.
I wanted to know why the charts only went back to 2010 & that is the answer. Capt AL
This Co. started out as Invicta Group in 2000, R/S 3 times & after the third changed it's name to Alliance. http://www.otcmarkets.com/stock/ACGX/profile
I sold all prior to the R/S to let the smoke clear. Took a small position last week to get the div & follow the stock. The NAV is $15.60.