is...retired
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Snow, they had to wait to get their approval before they could file their annual report and update the OTC pages. They also have to gain their new ticker before than can start using it. Give it a rest. It takes time to get things done.
For those considering the postings of the new bashers, just remember one thing: Wait for the fins to post at end of month. Might be a delay on posting that because of the change of ownership and getting the auditor into the loop. Hard to tell anything until we see what is presented.
We know there has been no revenue for 2023, so don't look for that. Q1 is due April 15, and then we'll see if any money has been made in Q1.
JP knew what the OS was when he took it over. I'm sure he'll do some reduction on that, and it has already been stated that an RS is not part of the reduction. The only other way is by buying shares back, and that can only be done with profit.
Lastly, JP and his partners have spoken of what they plan to do. There is nothing to indicate that they will do otherwise. The bashers look at the old company and attempt to use that to badmouth the company. It isn't that they don't have a clue, they KNOW what they are doing - they aren't even trying to make the stock go down. They are simply trying to get people to respond to them. DON'T DO IT! Go to their profile and read their last 50 messages. That will give you a good idea of their motivation.
That was not my point. YOU said to 'study the history' of SPZI. I said WHAT history. There is nothing to study.
What is there to study in a 3 month old company? There haven't even been any financial filings yet.
You don't need to 'protect' new shareholders. If they aren't smart enough to know how to trade, they will lose money. That is none of our business. And you really can't 'protect' anyone from bashers except by putting them on ignore so they will move on. I guarantee that if no one responds, they will go fishing elsewhere. Remember, it is NOT ABOUT THE COMPANY. It is about getting responses.
I don't ever sell at market either. But to prove a point one time with someone that told me that's not how it works, I sold 10,000,000 shares at market. The price dropped 20% before they were all gone. Then, I looked at the tranches that filled my order. The price continually dropped on each tranch, and the quantity went up. The spread is often a reflection of what buyers and sellers are doing.
When one sells at market, one is saying 'I will take whatever you will give me for these shares". Since they always list a quantity in the spread, they must fulfill that one first. Then they can drop the bid with a new spread and repeat doing that until they are gone. It is all done by computer, and each mm is in competition with each other. The fastest computer wins.
If you ever sell at market, you will see that those shares vanish, almost immediately. That is how a market sell works.
The price goes down because people sell at market. That's all it takes. If you sell at a limit, the price doesn't go ABOVE that limit until your shares are sold. If selling at market, the mm's will immediately drop their bids. Immediately. But that's just business as usual. It takes an ignorant shareholder to sell into the market. That hurts all shareholders.
If you think officers of public companies can just dip into the treasury, you are ignorant of how public companies work. They can get money two ways - selling their personally owned shares and by a salary. It's 'public' because the public owns it, and their shares are proof of that.
Why would anyone take a basher seriously? They don't even believe what they write. You are only helping them by replying.
The answer is that you pay NSAV''s attorney $500 to clear your shares. Many have done it. I have not. Still have half a mil div shares from 2017...I will not pay for free shares.
We are not talking about differing opinions, or agreements/disagreements.
We are talking about people that have no interest in the stock AT ALL. They are not shareholders, and never will be.
Their agenda is simply to lie to the members of the message board in order to evoke responses. That's it.
Go to one of their profiles and see how many boards they post the EXACT SAME WORDS over and over.
Opinions are one thing. Blatant lies are quite another. The ignore button works quite well to suppress that urge to 'defend' the company against someone that is ONLY attempting to get you to respond.
As I said, if you want to find out if someone is a basher, just go check their post history.
What you wrote to me:
"Tell you what, cupcake, anytime you want to compare accuracy track records with ANY of the so-called bashers, their calls of scams vs your calls, we're ready."
What you wrote to powerbattles on the EMGE message board today:
"Tell you what, cupcake, anytime you want to compare accuracy track records with ANY of the so-called bashers, their calls of scams vs your calls, we're ready."
What you wrote to Fai 2 on the GNS Message board:
"Tell you what, cupcake, anytime you're ready to compare "accuracy in reporting," meaning your track record of post accuracy vs mine, I'm right here."
BASHER!!! I've had you blocked forever, but this post isn't for you, it is for the others here that don't know about you...
"Those hating and bashing SPZI are going to be looking so stupid as more and more is released. All they have to do is remove their hateful blinders and do some real DD. More and more substance is coming just by reading what has already been released. There are going to be some lessons learned from this one with those that are bashing and hating."
You could not be further from the truth in that statement. They aren't hateful, they are making money. They aren't going to look stupid, it is those that respond to them that look stupid.
If you REALLY think bashers are hateful, you are mistaken. Their JOB is to make false claims to get people to respond to them. That is all. They are not shareholders, and they don't care WHAT the stock does. They ONLY want responses, which are counted and they eventually get paid.
All you have to do is click on their name, look at their last 50 posts, review what boards they post on and, most of all, see how many posts they have.
Some of them have over 100,000 posts. To reach that level, at 10 posts per day, for 365 days a year, it would take 27 YEARS!!! The ONLY way to shut them up is to stop responding to them. If NO ONE would respond to them, they'd go somewhere that they could make some money.
Human nature is to 'correct' incorrect statements. THAT is what they DEPEND ON. You can't correct a statement that is intentionally wrong. They are FISHING and some here are BITING. You ONLY help them when you respond to them.
They need to get the audit done. They have said they 'located' an SEC approved auditor, and the annual report is due at the end of this month. I hope to see that they are SEC filing by that time, or at the end of Q1 at the latest. The ticker change will come in time, it is a relatively simple process. The SEC provides available tickers and the company can choose from them, or can get their own unique ticker assigned if not already in use. JP3E will submit its request to the SEC and the result will eventually be known to us. I'm going to guess that it will be noted in the Q1 filing.
I think they are working on the audit. I don't know how far back they have to go, but spooz has been in existence since 2004.
No, they are paid for responses. That is ALL they want.
Of course it doesn't...It is intended to get you to respond. They are professional posters, not shareholders, and every response from someone is counted towards their pay checks.
Shareholders think them stupid, but they are simply cagey enough to get responses. You HELP them by responding.
Market cap is OS X SP.
Yes, have you reported it? I have. Use the Contact Us link at the bottom.
MMs are not traders. They facilitate our trades. They do NOT compete against traders.
That was me. I actually bought 15M more, since the price was back to near what I originally paid. Now I'll just sit back and wait.
Sterling,
You wrote:
Many who are non believers in SPZI/JP3E will have a change of heart
I wrote:
They are not non belivers. And, they are not.
They care not about the company, they only want responses, you know that.
They won't have a change of heart because they don't own stock and never will. They are not traders at all. They will continue, and some will continue to respond to them. That makes them HAPPY. You do realize that they don't read the responses, right? That's why they NEVER respond back. They NEVER defend what they write BECAUSE they intentionally write stuff to get people to respond.
I did not say jdcpa1 was a basher. Bashers can be identified quite easily. Just click on their name, see how many posts they have, see how many boards they post on, etc. One I know of has 113,000 posts. At 10 posts per day, time 365 days per year, that would take 30 years. If you click on their last 50 messages, you can see exactly what they are doing. It would not make sense for any sane person to do that, UNLESS there was a profit in doing so.
I've been posting since 2017 and have less than 7000 posts. I don't bash, and I don't pump. I wait to see what companies actually do. I buy and sell accordingly. I put all bashers on ignore. I put everyone that has nothing of value to say on ignore. I put ignorant bastards on ignore. I put people that WRITE IN ALL CAPS on ignore.
In other words, I ignore everyone that doesn't do what this message board is about - discussing the company and its prospects, sensibly.
Sterling, how many times do I have to explain that they are not non-believers? They have NOTHING to do with the company or its stock. They are after responses, and their comments are INTENDED to invoke responses.
Just leave that 'non-believer' part out of your comments, because they are not non-believers, they are fishermen, looking only for your response. By saying that, you are admitting that you don't know the game they are playing, and you don't know their rules. They are winning any time you respond, because that is ALL they WANT.
All of this could have been learned by doing due diligence yourself. But since you're a beginner, here are your answers.
It is a reverse merger, meaning the old company is gone and a new one has taken over.
The ticker is all that remains, and that will be changed too, later.
Fiscal year end is 12/31, so the annual report is due within 90 days - end of March.
The company is currently alternate reporting, so don't expect much in the way of filings until the ongoing audit is completed.
And, there is NO revenue, yet.
All you need to know can be found on OTC Markets...
OTCM-SPZI
Uh, Mm's have always worked at 1 decimal place more than traders. That is how they make money. You can't place orders as if you were an MM. Jesus, get an education!
If it weren't for MM's, you could not trade at all because you would have to FIND someone to buy your shares or sell to you.
Learn how the system works instead of making absolutely foolish statements. I guess I'll have to ignore you, because you obviously have nothing of value to say. Buh-By (to your money, too. If you don't know the rules, you cannot win.)
Some of these bashers have over 100,000 posts. That is their PROFESSION. Even if they only got a dime each, that would still be $10K...a lot of money for some people.
Who in the hell cares about this whole rabbit hole? The company's address is listed at OTC Markets. If you feel the need to snoop, why don't you keep it to yourself?
I don't think mentioning them without replying causes a count. Verifiable responses to bashers absolutely initiate a count.
It is secret buy/sell groups that employ them. They are massive shareholders, and profit from the manipulation of price. Too many inexperienced traders sell at market, immediately dropping the share price, which the buy/sell groups eagerly acquire. They can AFFORD to pay the bashers because they buy at a discount caused by traders that get 'scared' by the bashers and sell out. Then all they have to do is let the stock float back to where it was to realize their profit.
Even I usually have both buys and sells set up, but at a limit. If it gets above a certain price, some is sold. If it gets below a certain price, some is purchased. That simply creates some profit in a stock that just meanders around.
You are right, he is a basher. But he is NOT upset, he is baiting you. I doubt that he owns any stock of any kind. He posts on dozens of boards and has 75,000 posts. At 10 posts per day, 365 days a year, that would take over 20 years. GET IT??? PUT BASHERS ON IGNORE. They WANT your posts!!!
He isn't upset, he is BAITING YOU, and you ARE BITING.
Bashers are not trying to get people to dump the stock. All they are doing is fishing for responses. That is their game. Idiots take them seriously and act on the bashes.
There is nothing sad about it. That's just how the OTC is. When you learn to use the ignore button, you can only see the posts that matter to you. I have more people on ignore than not on this gossip board.
The CEO isn't responsible for the bashers. That is a whole nother group, whose intent is to cause up and down opportunities for THEM to purchase/sell. They hire the bashers and pumpers, and THEY are the ones that hide from prosecution.
Simply click on any poster's name and see how many posts overall, how many boards they post on and read the last 50 or less posts. You can't be misled that way. One of our bashers has 113,000 posts. At 100 posts per day, 365 days per year, that would take over 3 years. At 10 posts per day, over 30 years. GET IT???
They are right where they want to be. In a message board where people respond to them. That is ALL they want - responses. Put them on ignore.
They are simply assuming net profit is 1/2 gross profit. Not a very good assumption, I would think, since there are ships and shipyards, all with their hands out.
I don't need to research it. Lots of pinks are alternative reporting as is SPZI. I own several. They ALL file 8K's except SPZI. I've never seen ANY other pink that has zero 8Ks. I realize the old spooz wasn't filing, but they were also basically dead. JP3E has made significant moves that should have been filed, regardless of whether others think they should have filed or not. Most companies DO, so people can do DD on them. JP3E has crickets.
We will see after the audit is done, and if they become SEC reporting. But zero 8Ks is a big red flag to me.
By March 31, we should see the annual report. And OTCM should then be updated.
I was thinking of Nates - my error...
As I was looking up the details on SPZI, it appears that they have never filed an 8K. That is concerning to me, as an 8K is required when announcing significant events for the company. A change in directors, for example, requires an 8K. There is a list of 'significant events' which require an 8K filing in the link below. I don't see how SPZI could be exempt from these filings.
SEC Form 8K Requirements
Well, you and your 900 posts earned an ignore from me. You obviously don't even understand what I said. But that's fine, I will never see another post from you. After a few thousand posts you might figure out how the system works. Or not.
Well, my thoughts are this:
If any of these public companies don't make money, they have to borrow money to keep the doors open. And if they don't make money to pay the loans back, they repay in shares. That's how the AS/OS grows so large. It is not until they go insolvent, or are purchased, or they actually begin to make money that things change. Most of them never make money, and thus just keep bloating until one of the above happens. But since we are talking here, at least, about SPZI, they appear to have a road to some profit. And, they have begun lowering the AS, have talked about uplisting, and have talked about a share buyback. That is a reversal of the trend of dilution that most of these companies are in. Not sure you really meant OTCBB, as most of this stuff is OTCPink. Higher tiers have a stock price minimum to meet, or they get delisted - to pink.
They aren't naysayers. They are only working hard to get responses. They won't respond to YOU, but YOU respond to them. Put them on ignore.
Just try to understand that they make shit up to say about any stock they are working. They do not respond, ever. The point is solely to get responses from the rest of us. They aren't shareholders and never will be. They don't trade stocks. They ridicule stocks to get people to respond. Just don't.
You can use charts for OTC stocks if you do all your driving using only your rearview mirror...