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This is the old case of burying your head in the sand. Most people employ this strategy so that others can't see the tears running down their cheeks. Only 3 more months until Arthur can doom switch and pay himself out. Read the filings.
Check the filings. Appears you are missing the elephant in the room. He's staring at you waving.
Looking good here. Almost breakout time. Breakout the 500-1 that is.
So what does this have to do with you trying to tell the IRS you lost $5,000? Not how it works. You lost $500.
A $500 investment here does not equal a $5,000 write off in US tax laws. Capital losses are calculated on your basis (what you bought it for) and what you sell it for. In the case that the stock is unsellable you then write off your full investment but will need to account for that stock gain if you ever sell it.
Sounds like you need some help here. Absolutely bonkers that you think you just made 5k here. Maybe I just found Arthur's burner account?
Come on man just buy so Pete can get out here. Why are you being a jerk? :p
The recent 8K states nothing about this cancellation you keep referring to. Read the filings.
That's not how any of that works. This is a scary statement.
Pretty self explanatory in the filings. R/S coming. Hold on tight boys you about to get chopped up by atleast 250. By the time the freeze is over you might be able to afford the commission to sell.
The actual reason you aren't selling your shares is because its no bid. Read the filings R/S happening.
Check the filings R/S time for sure.
Yes you are buying more with multiple 0 volume days. R/S coming check the 8-k
It's going to R/S. Pretty obvious.
Nobody is shorting a no bid stock. Nobody. Noooooo Bodyyyyyyy
Classic Arthur. Need more money to get things up and moving. Not going to happen since this is sitting at no bid and the toxics are already full on their risk here. Reverse coming indeed.
Maybe Arthur is still mourning John McCains death? This moment of silence could last a while.
Most likely a 2019 write off. That's called tax planning.
When is this share buyback that is stickied happening?
Only 330 Million more until the reload.
Yes- breakout coming here soon. Some solid consolidation going on here then it legs up.
technical indicator on no bid stocks. Oh geez
That chart is a beaut tho.
Talked to Arthur; couldn't get much out of him. He was laughing too hard so I eventually just hung up.
Only in Viola's head does he think announcing a R/S thru a message board/twitter/private messages and then "cancelling" it will drum up enough interest to sell more shares. Guy is the hardest worker in the biz.
Are you glad you didn't sell @ 2 and now its no bid?
Whatever you say boss.
20 shares hahaha how do you even buy fractions of cents?
Solid $4 today. That will almost get Arthur 1 gallon of gas for the trucks.
Yes, load up.
Anyone else loading more for the chase?
Not really he is already funded for a little bit. The timing of the R/S doesn't really matter. I guess he does have to be current for it to be approved so thats a few months before that runs out.
Continues to talk in riddles. Come on guys give Arthur another 15 years to turn it around. He almost has it figured out. DCAC is his social security.
I have doubts that that most people were even in contact. If he was stupid enough to respond with what looked like inside information I would lawyer up if I had any significant money here. He still pays his rent and whatnot with shareholder funds. I would take every last penny of liquid cash he has.
The death has happened everyone just waiting on the funeral (R/S)
Well yeah- they have the inside track. Viola needs their money at crazy interest rates and they need the inside track to dump into news. Viola main source of income has been issuing shares. He doesn't really care about shareholder value this is his golden goose. He will be dead before he could even use all his NOL carryforward.
I'm assuming it was a combo of that and this thing not moving on news. It looks like the numbers match up. Remember they got those shares in July so they were able to unload some during those days of volume. Most likely they will convert more after the R/S, Arthur will wipe out some debt and the toxics will sell it off before retail's shares are unfrozen. It will be a nice quick drop down to trips again. Another "news" release later in the year then Arthur can convert his stash to pay himself out. Then he will chalk it up to another unfortunate failed venture.
Geez they are doing a R/S here. That's a shame.
Lol nothing like uplisting on the back of a chap 11. Oh geez.....
Website is dead as well. To da moon
Ask Viola if it's safe to average down or if he is going to wipe you out with a R/S.