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Don't be sad. This shows when The company doesn't have any more authorized shares to convert in-exchange to feed those Toxic financial toxic maggot bloated buzzards. That is was the toxic financing and the little fat turd that were getting paid. The company was mostly being ran by selling and converting a/s into the market. The shareholders been footing the bills alone.
Selling products wasn't keep this puppy going. It was us the shareholders and investors who were feeding this puppy. every now and then the company just toss a bone in (PR) so the shareholders can continuing on feeding the puppy. Every now and then the little fat turd go and look for another bone (client). Release another pr so the shareholders continuing feeding the puppy. So the turd can keep its fat salary. And convert more a/s in-exchange for debt for its Toxic spiraling financial web goons.
Sad thing is that this puppy never grew-up into a full grown breed. It had all the making to be mighty breed. The care taker did not do a good job in raising the puppy. The company used others as the majority (investors and shareholders) to feed this puppy. The little turd. And company did very little to help sustain this puppy. Now the little puppy is dying.
Yes, his opinion is definitely basic off of historic facts. How I know is because I were around during and near the beginning of those ground breaking facts and evidence of mis leading press release, over exaggerated prizes and trips, lying contract deals with Russia and others, Toxic financing, converting shares for debts, the everlasting spiraling dilution of shareholders value, a wipeout Reversal split for most investors that happen less than 8 months ago, We're back to no-bid since the less than 8 months ago r/s, I shall go on.
This is similar to the last year tactic. The con artist try to use. To get newbies to invest into this black poison venomous endless spiraling WEB.
As I recall I had to fax or E-mail in my questions to Neom conference call. Remember the company claims it was not excepting any live questions from shareholders or anybody during the cc. If you wanted your questions answer you had to send them in days before the cc. I sent my questions in. And not one was answered. Real legit questions. My opinion I do believe the reasons for the no questions ask during the cc is to bs the investors. Meaning they would've been stuck with answering the shareholders and investors questions or putting off answering certain legit questions that might put them on the spot, regarding the importance of they investments and what is really happening with Neom. Why is the CEO paid an over bloated salary and not showing any real positive and profitable revenue. Why in so many years Neom have not move forward in sustainable, profitable, and prosperity.
Best question, why is Neom is not moving forward, and who is holding neom back from being sustainable and profitable. Do you have a well qualified management and sales team to move this company into a sustainable and profitable revenue. I know she answered the sustainable part, but with an BS solution. The company has been going down the hill every since this BS SOLUTION. I smelled a rat when their was not going to be any live conference call questions from investors and traders, only the pre-sent in questions, but even the pre-sent in important questions wasn't answered.
Now you've your answer why I don't post a post that you might like. If Neomedia Technologies, inc is doing a great job, it's leader and management team is really doing their jobs, the jobs the shareholders is paying them to do. Than hats off to them. My question to you is what prosperity (shareholders value)have Neomedia Technologies and it's management team have done for the Shareholders and investors. Besides diluted their investment into Oblivion.
They're dumping, and trying to cash in on all the money they can get their hands on before this company goes belly up. I saw the dumping at 2 and again today at 2. My opinion this isn't the MM dumping or retail investors. The company and YA is dumping. and that little shareholders vote is not going to really change a thing that really matters to keep this suffocating fish from going belly up.
The company doomsday is coming unless they can find a buyer or a crazy partner who is willing to take on it's debts, yag, and the billions of outstanding shares, and worse of all Products that is not generating sustainable revenue. To pay the light bill at lease. I just don't see it happen here.
GLTA Neomedia Technologies, inc Investors and Traders, because you're going to need it.
Rupadupa and Sparkle, it is good to make money else where when you can, while waiting for your investment with Cirtran to take off. I like how Nascow put it. Make the money and move on. It does sometimes take more than one of these sub-penny stock to make a big pay day. Just watch your outstanding shares, know where your toxic financing is at all times, and how many shares they've been issue for that period, and how many they might be still holding. The biggest help, is the total Authorize shares the company has and if there is any inside trading and investing by CEO and the company's employees. If no be careful and proceed with caution. Too many A/S I sometimes skip over and look for the next best thing in penny or dollar land.
I love dollar stocks, that are waiting on patents or fda approval for new drugs. I like getting in during final trials. Never on first or second trail unless I'am trading (flipping). But that third trail I get in before they mention anything about filing the paper work and sending it off for fda approval. Just in case the drug get turned down by the fda, I had enough time to make some profit and jump out before the pps crash. Cirtran is one of the stocks that caught me with my pants down sort of speak. I'am still invested in Cirtran. The only thing that could put a damper on my investment with Circ is a R/S or Bankruptcy. The sorry Leader has already kick my A$$ with this stock to a certain extinct.
What Nascow is saying is very true. I bought a 1.97 solar stock about 2 months ago it went up to 6.95 yesterday. I sold to soon at 6.03. I put in a order here with Circ, using some of the profits I made off that stock. That was over a 4 dollar run from 2.67 Thursday to 6.95 yesterday. It's down to 5.58 now, but I'am not buying. I make my money from these types of dollar stocks and distribute some of the profits elsewhere like here in the bottom and many other places. A sub-penny stock can make you semi-wealthy if you invest in the right one at the right time.
Those products is not making sustainable revenue for Cirtran. They're like dead fishes upside down in the water. The Only good thing the company had going for itself is PBED. And the great leader has screw that up. Everything else it has is just dead weight.
That is what I'am talking about. dumping, the dump at 2 and 3. Who is dumping these large queen and king size bites. I don't believe it is retail shareholders or shorts. I could be wrong, but I do believe it is YAG. Doing must of the big bite out of bid.
Did you guys see that big bite that YAG took out of the bid. If that big bite wasn't from YAG, than who is it from.
ECDC is a dead fish floating upside down in slimy murky waters. It has no real great value. It's products, like vir20, studentccontect, and formerly rogue paper and that other media site that is floating in the slimy murky waters. It's a bit slightly above a shell. meaning it has dry up carcass skin on it's bones for assets that can't generate enough revenue. To feed uncle Kay's kids, family, buddies, and himself. Plus to sustain ECDC. The discounted shares to toxic financing is what keeping this bloated dead maggot fish floating. And nothing else, but those continuing on buying the diluted shares dumped into the market. Believing in the fake misleading promotions. False transaction. Fake contracts. Exaggerated social media, and a student monitor system. Last but not lease another mis leading fake contest.
HamDxer, I can't agree with you more on that beautiful subject. A new CEO. Now you're posting my kind of post. We've been need of an more qualified CEO and Management Team. Than the leader and management team we now have. Out of all these years that company had PB Logo and license to manufacture their beverage. They're now trying to market it here in the USA. No wonder PB want out of the company. now we're using a Promoter/producer like Purexrgn to get the word out about Playboy's Energy Drinks. Like someone mention many don't carry PBED, either because they have never heard of it, or talk about it lately. Sound like someone were sitting on his A$$ and not fully doing his job.
So while do you think that we're sitting here in the "Dark" waiting for a Leader respond. He probably don't care about giving one to his shareholders. This leader is only thinking about himself. His mis management of Circ prove it. The best product the company had going for itself was Playboy's energy drinks. He manage to screw that up for the company with his management team.
I say out with the old and in with the "NEW"
Sparkle, that sounds good, but make sure you stay on top of Fidelity also. Especially when you're trying to sell a sub-penny stock. The sell will sometime be put on freeze(hold). Especially when you hit the sell key, and the shares are there on the bid to make the sell, but one's sell made not sell or go thru. 5 or 10 minutes later the sell has not taking place and the shares are still on the bid, and more to make the sell. I had this done to me many of times.
Later the sell it made at the pps you wanted to sell, but someone else gets the sell or the shares are remove from the bid. I had this happen. But not when I'am on top my broker and SEC.
What has she done lately for the company and shareholders. Besides paying herself an undeserved bloated salary. Much of nothing. At lease not much to sustain this company. The sustainable amd self-sufficient that hasn't yet been did on her watch. The only sustainable and self-sufficient were keeping money going into her pockets, YA GLOBAL, and a few others. Nothing of real value for the shareholders. Only having their shares diluted by toxic financing and an over zealous of A/S. And definitely nothing to deserve a bloat salary for a failing company on her watch. The management sucks.
We need a whole new professional Management team who is well knowledgeable in the different types of technologies, products and services that Neomedia Technologies offer. A Leader with a Management team who knows how to successful manage and make Neom sustainable and profitable. Neomedia needs a leader and Management team that will do the job to make the company self-sufficient and profitable. Not just say their are going to do it, but do it!!
I say out with the 'old' and in with the "NEW".
Genius! Just because she knows how to fly a plane, that doesn't make her a genius in Aviation air-craft flying. Almost anybody can be taught how to fly a plane and navigate. The trick is can you take off and land the plane with out crash burning it. That is where some genius come into play. Even the T-people when they went to the flying and training school structure, They didn't want to know how to take off and land a plane. They only wanted to know how to fly and navigate the plane. And we all know why 9/11 came to be.
LM is like a flyer, not an aviation expert. LM knows how to keep Neom running off of fumes while in charge, but she have not shown that she can make Neomedia Technologies, Inc "sustainable and Profitable". The leader is missing the knowledgeable "take-off and landing Part" in making Neom successful. We need an expert leader that can show, demonstrate, prove that it can make Neom a sustainable and profitable company. We don't need anymore false proposals in making this company self-sufficient. Instead of making Neom self-sufficient, sustainable, and profitable, she has ran out of "run-way" and crash at the end of sub-pennyland. The ceo never has gotten us off the ground before crash burning our shares into burnt toast. The way things are going with the current pilot (CEO) in charge while the plane is still in the air, we're definitely heading for a crash landing.
We need a very experience Pilot (CEO)that can take us safety from take-off to landing. We need someone right now that can really grow and sustain this company and make it profitable. Most of all bring back shareholders "Value".
Son for you and many others who are long terms investors in this company I wish there was that someone in the mist on the wings willing to buyout Neomedia. Because buddy we really are screwed.
Sparkle, if you change your order from 9 million shares to 3 million shares, than you're starting over at the beginning end of the orders that was behind you. But if you put in for an new order and left the old order alone and have not change it, and it was the next in line to get filled. Than it would have been filled before your new order start filling.
Always remember when you go in and change an order, you suppose to be place at the end to be filled behind those who were behind you before you change your order. I always use new orders instead so I don't lose my place in line. But I do believe you are right, because it seen like something when you know your order were next to be filled, and some other order get fill before you. It could be that order was to be bought in one large bulk instead of several different trades by different individual orders. Or if you're buying or selling in one an all at once instead of several different buy or sells to complete your trade.
I have seen smaller or large order get sold before my trade when I were next in line. I were told this is done when some traders don't won't to split there orders. I also were told that they can stop an trade from going thru to keep the pps up. I hope this helped you somewhat, but still check with the SEC. I had to call on a stock when they didn't let my sell go threw.
What Success, I know he isn't calling that Vir20 a success or studentconnect. Oh I see Uncle Kay is talking to himself again. He is being 5 or 6 different board members. He probably sit in all 5 or 6 different board members chairs and cast a vote. Just like he is the ceo of the company in Nigeria, ceo of the Hot spice. And ceo of the scam he is running here in America.
This is put out by whom, that Kay is needed by ecdc, that success was accomplish by Kayo. I say again what success. ECDC is at no BID in less than 7 months after a reverse split. They want to call that a success. The products almost everybody don't want. Vir20 is being bounce off another companies software. The so call Social Media unlike any other social media. Has less than 1000 subscribers. What a Joke it turn out to be. Studentconnect what school system is going to let a company put a monitor system over parents children. Whom ceo has admitted to a crime.
We don't owe him anything. Its just his way of trying to scam the shareholders out of money to pay for his possible leaving or running before the SEC catch up with his misleading. SCAMMING traders and investors. He is the company. There is no real legit board. He is the board. He is trying to pull off his last scam before the lid is close on the coffin. He know the video contest may not or won't work, because people are on to him. They try to pull mess like this last year. With the trip to Paris. That was a Big SCAM.
SUCCESS, WHAT SUCCESS.
Decarz, you're right about the tremendous growth and popularity of QR CODES. QRcodes in use in many different high technologies, from the internet, satellite systems, GPS, MP3 players, Barcodes, cellphones, and many of use in other technologies. But come on Decarz, you said it, Neomedia be around since 1989. Look Neom Technologies its less than 1 1/100 of a cent and it's main revenue is dumping diluted and convertable discounted shares in exchange for debts into the market. Neomedia isn't the only company that is offer this tremendous technology, yes, they offer certain different type of patent designs and of techniques that other companies don't offer, but still the same it not generating enough revenue to make it self-sufficient. But other companies offer different types of patent design and techniques that Neom Tech doesn't offer. Many of more interesting technologies products. Many of these companies stock shares is not sitting in sub-pennyland, and they're not converting shares to pay for debt. Destroying shareholders value.
I can't list these companies on this board, but there are many of them whom stock shares are in the ten's of dollars up to the hundreds per price share (pps). Many offer dividends. Many has not been around as long as neom, but they are self-sufficient and many are very profitable. Yes QRCODES are here to stay, unless someone builds a better mouse trap than QR codes.
Back to Neom. Many are probably is afraid to use this company technologies, because of the uncertainties. Will it be around in the near future. It's unsustainable growth and revenue, toxic financing. Lack of interest in the products. And mostly, there are more exciting products that is more comparable or better than this company technologies it offer. The unsustainable growth and revenue proves this.
Than who, is Neomedia Technologies, Inc is going to recruit to get YA GLOBAL vicious fangs from around it's neck. A deceit regular bank or loan company like Morgan, Chase, Wells Fargo, Goldman, or better yet, not even Bank of America would touch this lemon. Neom do not have a good balance sheet, so long an excellence one. The company can't show any real sustainable growth and revenue. No good bank or loan company is going to loan any money to a debt spiraling company like this one. Don't be fool by words and false proposals. Anyone with good business sense can see the writing on the wall. Neom has nothing that can produce any real sustainable revenue, it never did, other than converting and discounting shares for Toxic financing in exchange for debt.
The only one that will be unintelligent enough to buy out YA GLOBAL is another Toxic Loan Shark. Worse than YA Global. They're not going to be buying it out for nothing. A very high interest rate will be place on the loan. How will this be paid for. The same as it has always been. Converting shares for debt. First a r/s or increase in authorized shares, then back to rinse and repeat cycles over and over again. An ever lasting Spiraling black-hole Debt.
Many are long here and I understand their frustration, but why throw good money after bad money. This has been going on for years. Neomedia is worst off than its ever been. There isn't a pot of gold at the end of this rainbow (Neom). Only more spiraling debts.
I'am sorry, but I for one can't believe that playboy is that broke. How can you go from billions to a few millions. Now I know we aren't talking like Ted Turner going from billionaire to 7 millionaire kind of broke are we. If so, than where in the hel or we are going to get the millions and millions of settlement lawsuit money from. To pump life back into the main arteries of this Company. CIRTRAN.
Anybody.
No! The winning video would be the one showing Uncle Kay. Trap in his own venom, poisonous, toxic spiraling webs. Shouting from the top of his sneaky little lungs: Help me, Help me, Help me, Heeeelp. like the little human-spider from the "Fly".
Face it, it's over! For the long term investors who bought into this spiral debt ceiling company long before it hit the sub-micro-pennyland to no where to run to, no where to hind. it's definitely over with for you and the good doctor to ever re-coupe your losses and investment. It's gone with the "WIND". After the reverse split. The fat little turd, thoughts for it's shareholders "Frankly my dear I don't give a damn." No one is coming to bailout you out. The r/s a rinse and repeat cycle.
The company is just a step ABOVE a shell. why, is because it has a little bit of meat on it bones. To draw in investors and suckers. The technology products that they've, many don't need it or want it. If so than why don't the revenue shows it. The meat is unlike many other good meats, it's rotten with toxic financing, no sustainable revenue. Worse of all it stinks and it has maggots on it. YA GLOBAL. No one wants maggots on their meat.
Some one posted just $35 million in debt. 35 mills is like 35 billions. If the debt is owe to a toxic crooked financial institutional. Plus there isn't sustainable revenue from the sale of it products and services that is being offer for purchase. But instead the money is being generated most from toxic convertible discounted shares throw into the market from toxic financing in exchange for debts. If I'm wrong than prove me wrong. The only one makes money NOW from this is a very few traders (flippers), the toxic financing. YA GLOBAL, and the FAT LITTLE TURD.
In my own opinion the not to sue Claus is. If you sue me or us. I will expose everything and anything about your crookedness. oops I mean company's hiding secrets and wrong doing. Why else would they have settled for such a small fee, from multi-million and billion dollars companies using there services and products without first purchasing the products and services. I don't believe it was all about the company didn't not want this to drag thru the court system. Give me a break. It probably could have been worth millions.
North, You can make back the money you've loss here with this Scum. But not here with this rat trap. Stay away from investing.WithECDC. He is using the same old fabrication scams he had used before. Like someone have posted. Fabrication, but never any revenue shown on the books from these deals. No money from deals shown. The only money generated for this company. Is Money generated from selling toxic diluted shares. That is the only money made here NOW. Everything else is fabricated. Be Very smart have patience and wait for the prefect opportunity to strike (BUY). But not with this poison web. But else where.
Do dd on any company thoroughly. Don't invested in a company that used toxic financing. (NEVER). Trade if possible, but, never invest in sub-micro-pennyland. NEVER! watch the selling volume and outstanding shares. Know when the Finance toxic company has been giving it converted shares from the company. Never want to complete with toxic financing when trading shares. They can win out every time. Their shares are discounted and toxic. The leader of a company and it's toxic financing web. Is what takes a sub-micro-penny stock to OBLIVION. No one make money in here. BUT. CEOs and their toxic finance company, and maybe some traders at time. Never investors. NEVER.
I'AM NOT A BROKER, OR ENCOURAGING OR RECOMMENDING ANY ONE TO INVEST OR SELL SHARES. INVESTIGATE A COMPANY BEFORE INVESTING. ALWAYS.
Oh, by the way. I Completely forgot to add this to the give away deal. Halogen security located in Nigeria, Africa. WOW!! What a give away. Like Paris, France. Paris, Georgia. Someone is really, really, I mean really working on new sticky spider webs. TRAPS for new money.
Who in the hel is an Oando PLC. Seen like some one almost trying to spell Orlando, but leaving out the "rl" in the fictitious name. They really give it away when the use Africa. Sound like some one is really, really, I mean really trying to make up stuff. Remember the unidentified Russia company, that no one really could actually locate. That suppose to be 5mils deal. From last year, using the same product as this Oando PLC. That wasn't real. The same with this it's a fantasy mystery.
Go and try to fool someone else. This tactic was used last year. With the Russia deal.
Now that is a good one. Let's see how well his monitoring system works on a convicted felon while serving Prison time for scamming investors out of their hard earn money. I hope to see him on MSNBC show call lock-up. I hope he don't bend to pick up the soap.
Stick a fork in this PIG it has been slaughter, gutted, clean of everything, and fully cooked. There is no one coming to bail out any long term investors and newbies, not even the great Doctor is bailing anyone out. Just suck it up. whom ever brought into this company long term, just count your losses and learn from your mistakes.
No one makes money on Pinkies, but flippers, CEO, Toxic Loan companies. And crooked CEOs. All these scamming companies need is a shell with a little bit of meat for bait to draw in investors and SUCKERS. Such as the junk they have now, technology that no one is paying that much money to use and operate. If this was such a great company that has been out for many years, then why is it still in the dumps. Neomedia Technologies, Inc is worth less than a tin bottle cap. I don't care what they own the company products is not generating any real sustainable revenue and it probably never will. This is just a money maker for the Fat little Turd and it's Toxic Financing Partners. YA GLOBAL!!
Look at all these Misleading future disappointed traders and investors continuing buying into the Misleading unbelievable company. Are ECDC company's social medial and student montoring system smarter than a fifth grader's mind. I think not.
Ask your kids should you invest. Best advice and response from my kids.....Ha! Ha! and Ha. You're very funny. You're kidding arn't you? That is the answer they gave me.
Try buying a few shares and see it it is halted. They can't be doing a reverse split without first notifying shareholders of a r/s. unless the SEC has halted it for some specially reasons. I don't think it is halted. My opinion I don't think anyone is buying. Volume is definitely beginning to dry-up.
Who want to buy this thing with YA GLOBAL and the company diluting the shares to Oblivion.
Hey Iehab are you reading this board, if you're reading it, then call Hafner or what ever his name attorney. Tell him you want to sell this great business. Cirtrn for $100mils for starters. For that price he can get the warehouse full of PBED. The sizes as California as someone mention it here on this board about 4 weeks ago or so. He can get back his disputing contract, and most of all his precious bunny ears. That will make many of us investors here very happy once you split the money with us. First we all vote on the sale of Cir.
That is the only split I want to here of.
Sounds like somebody is thinking the way I'am thinking. Our Great leader needs to GOOOOOOOOOOOOOO!! He put us into this mess. Now he needs to clean it up. Bring back shareholders share value. Sell this pos to Playboyyyyy. Then you can kiss and make up.
I'am just so thankful, that Cirtran stock didn't close at 3 or less within the discounted period for YA GLOBAL converted shares. This toxic financing is beginning to really get to me. I have a lot of money tied up in this stock. Although I made money elsewhere, It still doesn't ease the pain knowing that I'am bag-holder of diluted shares. But still I'am thankful, because it could have been much worse.
I think I need a can of that Playboy drink and a Gallon of Gin to chase it.
Yo, Sparkle, Iehab helped to make your company into an 80mil dollar company. How about your company returning a favor for Cirtran. Our great leader can really use your company's help. If Cirtran is in the position to use your company's help, and the company accept help from your company. We can surely use a piggyback ride. Right about now.
GLTA.
go circ.
That's right, Why don't your company want to sit up a distribution channel for the company. My opinion I'm quiet such you'all know about Cirtran with Playbev has the license and contract to manufacture and sell PBED. What better New tastee energy drink than PLAYBOY's Energy drink. Are there any problems why they can't sit up a distribution channel for PBED.
Good Question HW.
MFlores, Why $100 million? With a really Smart Counselor it is very possible. I know you have mention 7.7 million in sales for 2010, and if that is so, a Judge can award a petitioner 4 x the amount in damages which equal around $30.8 million. (I don't know the exact phrase to use for the next reason why $100 million, so I will use lay man's terms). If the defendant used illegal manipulation, undermining, intentional harm to ruin a business or person, knowing what the potential out come would be or may lead up too, such as filing for bankruptcy, loss of revenue or income, loss of business, reduce in business and manufacturing (which could lead to loss of clients (costumers), and worse out of business.
The 7.7 million dollars x 4 for losses could be thrown out the window, and a new figure could be use. Such as the sky is the limit (My terms). If they could really prove this was an intentional falsified play (my term) by the defendant and it costed the business hardship because of the defendant actions. Yes, the $100 million dollar reward from the court is very possible.
Now I'am not a lawyer or legal counselor. So don't take my word on this. Look up cases like this. There are many of them out there. You may understand why I said $100 million is possible.
$500 hundred thousand dollars in last year and the year before economy could have paid for a lot of salaries, especially with all those out of work top executives and the ones next to the top notch executive. A contract for a salary plus a piece of the pie after deals and plans has been accomplish. I would say the $500 thousand could have paid a six month salary for 1 real good executive and 5 top notch sales people salary with commission and bonus. Or the money could have been use to buy in with a major beverage distribution sponsor with sales in large consumer areas. you know the distribution sponsor could have been paid extra in sales commission. It the product is good may be the sponsor could have con tribe towards advertising in the 2 main media television and radio.
Yes, We do need to win against Playboy in court to continue the contract and a settlement at lease $100 million. The contract is the one thing we need the most. Because what good is a settlement and no contract, and no continuing on manufacturing and selling PBEDS. What is left of great valuable for Cirtran to produce and sell to make itself prosperous and money for us.
I'am not trying to mislead no one especially newbies. If I wanted to mislead anybody I could just sit back and not have mention anything about the company not selling new manufacturing PBED , they don't have enough money to self sustain itself without dilution and toxic financing. The leader of this company is doing a sorry lazy job. He drop the ball, when he had the chance to get PBEDS into the main stream markets. He paid himself and family members an unfair salary when they could have use the money to grow and build the company. Instead the money is use to help pay for lavish trips, family members, and outrageous salaries.
I don't want any one to mislead me, so why mislead others. I make my money the honest way, and that involve patient, timing, and more money. And not a penny did I earn by misleading other traders and investors. I'am rich not poor. My spouse won the Florida lottery long before I gotten involve in day trading and investing. And we were wealthy even before the Florida lottery.
I'am not angry with you money, but check yourself before you...(you know the rest). May be a little naive at times, but I will admit that much.
MFlores, you're correct about a reverse split doesn't change shareholders value of their investment before the r/s and when the r/s is completed, only when after the r/s start dropping. If you stock was worth $2000 dollars before the r/s and 10 million shares and the reverse took affect at .0002 A 1/1000 of 10 million shares = 10000 thousand shares after the reverse split it will = .20 a share x 10000 shares = $2000 dollars total shares.
The thing with a reverse split, lets say you paid $20 thousand dollars for those 10 million shares and they was only worth $2000 before the r/s. others probably paid only $2000 for 10 millions shares at .0002 and their shares are still worth what they paid before the r/s. I have no problem with this. the problem comes in when you have to wait for the company to give your broker your shares back after the r/s. Sometimes that can take more than 30 days just to get the shares place back into your account. By this time the company and it's toxic financing and dilution will drive the pps after the reverse down so low. This will most definitely wipe out long terms investment long before the r/s at a much higher pps.
No a reverse split will definitely not be in the best interest of long term investors. This will benefit the company especially if they have million of Authorize shares left over, remember they do not get their a/s reverse DURING a r/s. Someone once mention that it is because they can convince they need the shares to attract financing. I have been twice wipe out of my investment because of a r/s. I have never seen a r/s in sub-pennyland that went up and stayed up after a reverse split. "NEVER".
My belief is that Cirtran could have millions and millions of authorized shares leftover after the reverse split. With only around 4 millions out standing shares after a reverse split can and will wipe out must investors. remember the r/s is now equal to around 4 million out standing shares instead of 4.5 Billion.
I was hoping no one would have notice YAG due $100,000 for September payment in 5 days. Especially since the pps has closed at 4 once in the last 10 day period for YAG discount. That is where YAG will receive it 15% discounted shares from Cirtran, unless it close lower than 4 within the final days before the 15th. YA GLOBAL is given its next batch of discounted converted shares around the fifth of each month. I sure hope it stays above 3 today. That will be it for long terms like me if it closes at 3 today.
Money let's hope that the pps stays above 4 before it close today, and that it close above yesterday's closing.
GLTA.
Yes, different technologies it offer from social media inter-active, student connect monitoring. The best technology of all that make the company it's bread and butter. That will be.....the technology of stock market....SCAMMING!!YES you heard it using misleading information, untrue revenue and sales. Like a Rissia company business deal, a social media that is unlike any other social media, a give away trip to Paris. That much about the trip to Paris is true to a certain point. The trip was a trip to Paris GA,...haa...haa. Not a trip to Paris France. The Jokes on the contestants. The winner were a friend, whom friend worked for the company. Guess what they wanted to trade the winner trip for a ticket to South Carolina instead of Paris Georgia. WOW! what a trip.
Yes, you're the SCAMMER... of the CENTURY...CENTURY...CENTURY!!