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IMO You are not listening!
Nobody knows what the ratio of the RS will be but, it is going to be HUGE wiping out the float almost completely. If you are not a preferred share holder, you are SOL! Tell George I said hello back at him.
CC is starting! 1-605-475-6700
Access code: 727727
Completely volunteer! I like to think that I am protecting my investments. Also, like you I like a good battle. I guess everyone needs a hobby. LOL! Keep up the good fight Riggler! I am right there with ya!
Ok, cool, its all good
That is the part I like the most GW! WE are all have an equal interest. It really is a win win for everyone! I'm Looking forward to the call too!
No the company name is now COVENANT ALLIANCE GROUP, INC.
Wrong! I am here to defend and watch after my investment. I am very interested in what the Syndicate Trust is doing. Because they are doing right baby! By the book and by the law!
I guess a really good way to describe it is taking out the trash and doing a spring cleaning with these companies that they are involved in. I like it! I like it a lot actually!
What are you talking about? I NEVER made a reference to the chart or the PPS. The only post I have ever did regarding PPS was my calculation for book value. I have and still remain focused on the fundamentals. The fundamentals is where it is at. They have always been very strong for a penny stock and their getting even better!
Yes that is right Microcap companies have to watch their expenses. Large companies can afford to hire IT personnel to provide required security.
For once you are absolutely correct!
Somebody needs to Moooooove it on over! ARNH is about to rock baby!
You keep on bringing up the Gmail thing. If you must know, it is a far more secure system than most email services. They have an alert for when people try to hack your email! You know almost right away when it happens. I am switching for that very reason!
I have a feeling you won't have to wait 6 months. Kathy is on top of it IMO!
I hate when that happens to me! LOL
I agree! Writing down your questions and concerns before the call is an excellent idea. Then if someone else asks the same question before you, then you can check it off and make notes.
No Bergz you did not miss it. It is tomorrow Friday at 10am (est)
Then just keep your phone on mute and listen until you are calm enough to chime in with one of your questions. Perhaps someone else will ask the same question and you wont have to say anything.
What ever Bro. As the saying goes,,,its your call.
As far as I know it is simply the area code for the service that provides the CC connection. Its not a company #.
This Friday at 10:00 EST all are invited. Here is the call info:
1-605-475-6700
Access code: 727727
To the best of my knowledge, the Syndicate Trust is not your run of the mill, professional advisors. It has always been their objective to eliminate the day traders and speculators from the False Float. The Reverse Split and or a prospective acquisition by another company would eliminate the float either way, and they mean to completely eliminate the float. It will be permanently gone after the payment date from FINRA. The new Float that will emerge will be comprised from the original shareholders of record and the new D stockholders. The registration of those securities and the underwriting of those securities ensure that licensed people make the market in the stock, so that everyone can sell those securities. As most companies do not, sadly, register their securities with the SEC, and because most of us have likely never been part of a registration statement, we are unaware that this is where real wealth is made in the stock markets.....FIRST MONEY IN, IS FIRST MONEY OUT. In the current float, you are not the first money in, and most certainly the last money out, because of day traders, speculators, shorters and leverage. The company has not contributed one share to the dilution, since they took over ADMINISTRATIVE DUTIES in September 2012, and proof of that, can be seen in the massive cuts to the Paper Losses from 2012 to 2013. They have dropped from 1,300,000 to 91,000 and change, those are the FACTS and they cannot be disputed.
A Reverse Split is a good thing, provided the stock holders are insulated from the reverse split. If you read the Articles of Incorporation, particularly as it pertains to the rights and privileges of the D Class Securities, you will clearly see that the Anti Dilution provisions are guaranteed through the corporate by laws. Both C&D classes will be registered at the same time, as they will be converted at the same time. All future acquisitions of private companies will also take place through these Anti Dilutive Preferred Securities, as evidenced by the amendments in the articles which have created E, F,and G classes, so naturally CDFT puts no value on any common securities that trade by appointment, on a quotation service. The real common float that will emerge, and we will be shareholders of record, their REGISTRATION confirms the FIRST MONEY IN, FIRST MONEY OUT statement. Naturally there will be market to sell those securities, because LICENSED PEOPLE, will make that market with the help of approved stock promoters who have been sanctioned to provide that support in the open market. Stock Promoters are going to be involved to promote this security through enhanced market visibility, but they will be sporting the underwriters, they won't be the UNDERWRITERS. Too often, as is the case with micro cap companies, the stock promoter / newsletter friends who are affiliated with many of the naysayers on IHUB, break the law by promoting securities prior to a registration statement, and in effect, they become their own UNDERWRITERS, which the SEC expressly forbids. Please refer to the SEC's enforcement page at www.sec.gov.
This is what we, the common shareholders, have been subjected to and because we are unaware of the SEC rules with respect to the illegal distribution and illegal registration of stock, which permeates the very foundation of the Micro Cap space. CDFT is going on record, now, that that the stock will go through a Registration, or S1 filing with the SEC, and post effective, there will be a licensed firm handling the market with the ancillary support of an approved stock promotion firm to enhance market visibility. This is how real companies, actually work, not in the shadows of debt, illegal stock promotion, and no registration. I doubt many of the naysayers even know what a REGISTRATION STATEMENT is, because there preference is pumping stocks for quick gains. Those are the people, we have always wanted to Reverse, and now our time has come. Let that be a wake up call for the rest of the business. Do not buy any stock in any of these micro cap companies, unless the company is prepared to hedge your risk by giving you equity directly issued by the company, at no cost to the company.....these are what DERIVATIVES were meant to be within a public company. CONVERTIBLE PREFERRED STOCK
No Problem
Um, I don't think so. It will be a good question for the CC! However that person who receives the shares would be collecting dividends. Im sure they could convert in the future. But probably not on the SPO. They would have to wait to convert one.
To the best of my knowledge.
A really cool thing to know about your preferred is you can assign or gift some or all of your shares to someone else such as a family member. Very cool!
When were we not on P&D wall of fame? George just loves us!
The future is so bright ya gota where shades!
This Friday at 10:00 EST all are invited. Here is the call info:
1-605-475-6700
Access code: 727727
Congrats Goodword!
Give him a call! There is a lot going on right now, if he does not answer try again later. You know he will talk to you.
Heck you should give me a call sometime!
LOL! I hear ya Bro! But it really is right there in black and white! Are you going to be able to be on the CC on Friday?
Yep, and always tends to gravitate towards the negative side of things. Sir Isaac Newton proved that a long time ago.
Opinions Vary, depending on what side of the fence you are on. The Q is accurate and undeniably strong with or without notations.
If you and Mrs. C are preferred holders then YES, you guys are in good hands! You don't have to be my guitar tech. I would rather be able to just jam with you! Rock On!
Hokie, you may be great at the charts but you have no idea what you are talking about now! Not everyone investing in CDFT are day traders. You would be VERY surprised to know who is investing in CDFT! I do mean very surprised! But, you won't know that because you do not call the company and you are not a share holder of record!
GLTU
Sincerely,
JC
You are welcome!
You need to learn how to read the financials. Everything you just said is absolutely Wrong! Better hang on tight to that day/night job!
I did Pro! And you are absolutely correct! A Private investor bought $20,000 highbred that included preferred D and commons!
That guy was brilliant! He will be able to almost cover all of his capital gain tax's with the offset of the tax write off on the common that are about to be reversed. Brilliant!
I learned a great strategy for future moves!
Actually that number is much higher but we won't see CDFT's true value until after the R/S.
CDFT BOOK VALUE = $0.09!(accurate)
IMO just a very important thing to know about CDFT!
Now that I have all the accurate numbers I was able to determine a more accurate Book Value for CDFT. My calculations are below along with reference to the formula.
Definition of 'Book Value Per Common Share'
A measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly.
Formula: Book Value Per Share = Share Holder Equity - Preferred Share Holder Equity / Outstanding Shares
Read more: http://www.investopedia.com/terms/b/bookvaluepercommon.asp#ixzz2Ku7APTU0
So now we know the following numbers to be correct and very accurate! (taken from recent 10Q and Dotty Scott report)
Wholesale value of assets = $7,261,452.00
Discounted value of company =$1,266,000.00
Total Share Holder Equity = $8,572,452.00
Value of preferred shares =$2,972,000.00
after the retirement of the unused common shares Gary holds in personal possession O/S will =65,000,000 shares.
So here it is... $8,572,452 - $2,972,000 =$5,600,452 /65Mil = $0.09
"I urge everyone to ask the REAL QUESTIONS" I absolutely agree!
Write down that REAL QUESTION(S) and have them ready for the CC this Friday! You will have them answered!
Got PREFERRED? if NOT then don't bother to call because you are S.O.L.!