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No idea what your post even means. I have been on this board for a long time, and I have even shown my holding of over a million shares. I am all for this stock to move up, but I call it as it is. So whatever storyline you have going on, kudos for you. I rarely post, so when I do, its directed to those on both sides of the coin as I call it down the middle.
You posted "Post the PR, rather than posting your belief.." when the PR about the sale of the Guerrero mine was a PR that lead to the price movement in 2021. That is what prompted my message to you. You continue to go after those you call bashers, but your responses come off more and more like you are the immature one. I told you this in our last exchange and suggested not to say more than what is needed. But if you feel this is how you will get traction, go for it. These other guys are not taking you seriously. In fact with every post of yours that comes off as a rant with the all the name calling, others are laughing.
Quote: "I for One want this to Rise by May 1st to .05, he has Shared a lot more than those that have Nothing Positive to Say and will be Missed! I for One think he should Stay Regardless because I did not see any Naysayer take the Other-Side of that Bet!"
What bet? Your boy Benny made a bold statement. There was no challenge of a bet. But all of you believe that he "is never wrong", so why are you worried? Maybe this is his way to exit without having to come up with a story of executives dying....
And AABB hasn't actually completed anything successfully, so how does a 2 cent stock uplist? Please do tell...
Why do you make statements that make you look foolish?
You truly are clueless.
You need a lesson on share price and share dilution. You can't compare the price going up that high in 2021 when the OS was not over 3 billion.
"A couple of weeks"
"A little bit longer"
This degenerate uses timelines that all equal infinity in his playbook ....
Thanks. I figured some profit taking.
Does anyone know what happened with QIND that it dropped so much today?
Where is it that you can prove that any potential shorting is done from a foreign country? AABB is not Gamestop, and an AABB short squeeze is not spoken about with the same grand stage that GME had when it ran from $5 to $120. And that is the kicker to your point. If the naked shorting was not covering, it does not run up to $120. But it did. It's up to an investor to sell for the profit on the way up, not cry on the way down. It's up to the investor not to chase a run unless they put in a stop loss to protect themselves from a falling knife.
And again, an audit starts this trend because nothing else they PR'd has come to fruition. The exchange was BS, the wallet subpar, the NFTs a joke. The coin itself cannot be sold for the supposed value it has on the bid and ask. And as Gitreal speaks about, all of this is predicated on the $82 million sale of the Guerrero mine on January 14, 2021. Since that date, gold is now at a price of over 26% from the price on that date, which means the $30 million in gold is worth about $38 million. But in 2021, the O/S was about 1.495 Billion shares, and today it is at 3.104 billion shares, more than double of dilution. Even if you buy back $12 million worth of shares, or about 20% of the current market value, you still have over 2.4 Billion shares outstanding, which is a Billion more than the 2021 run to over 60 cents. And the dilution continues as they give WC more and more shares for the toxic note. These clowns say AABB will get to a price of $8.88, or a valuation of almost $27 BILLION dollars at today's O/S. How much gold are you thinking this processing plant will mine at today's rate of $2340.50 to get to that valuation?
Avoiding an audit because "foreign countries" are naked shorting but won't cover is a dumb reason to not have a legitimate audit. This company is a farce until it proves it isn't. That is a black and white opinion, not an emotional one. There are more failures than accomplishments, and more smoke and mirrors than the astute investor cares to see.
On a side note: Benny can say all he wants about how he made everyone rich from .001 to over a nickel and then to over 60 cents, but we all know he also promised it to go over a $1 and then doubled down to say over $5. The $8.88 became a prop with the NFTs. This is all a song and dance for him. So WHY OH WHY do you ask him any questions at all? You look like the fool with every post directed towards him because he will never answer anything with substance, and you look like the ex girlfriend who won't get a call back and takes her gripe to social media. Just stop engaging with the clown.
Quote:
"Pothen, on this one, I disagree with you. I read an article posted by Alidaire, if I recall, where ,if I recall, in Gamestop, the shorters , naked shorting, never buy to cover, and keep shorting, and keep driving the share price down, and if there is no turnaround, they never have to buy to cover. and just keep the share price down by shorting.
They accomplish this because the SEC rules clearly state that naked shorting is NOT DISALLOWED, if done from a foreign country, as quirky as that sounds.
The idea is that they will never be forced to buy to cover, from a foreign country. I hope I have my interpretation and facts precisely correct, but it sounds just a little off, from 100% accurate.
The audit will not provide any determinative indication of the amount of shares shorted, They are "ghost" shares.
I totally understand your emphatic insistence for an audit, and why.
But, in this instance, an audit will not accomplish this specific objective, as I understood the scenario."
No one asked your third-rate opinion. You have been the same BS artist for years. Go buy yourself a dictionary for the meaning of the word "mega" and admit those that listened to you have also lost 95% of their money. Every time your post, the share price goes down.
DGJR. Since inception, the current price is obviously higher with the price of gold going higher. Personally, have you been able to sell any tokens to lock in the profit?
Let's say you guys are correct, and there is 40% short on the number of shares out there. Then conducting an audit is once again the right move. If an audit is done and the stock price starts to rise, then the short interest has to scramble to buy back the shares so that they will cover. This in essence does create a short squeeze and benefits the stock shareholder as long as they don't sell it back to them.
So even if you guys are right about the shorts, the only way to defeat them is to raise the share price and the only way for the share price to go up is to actually do a financial audit, buy back half of the float, or actually produce successfully what the company says they are going to do. Which of these, besides the useless NFTs, has AABB done?
And as for the one-man show, if you're paying half a million dollars for Consultants to give you bad information, there's no reason you can't spend another $10,000 to have a camera crew come in and take one video or have a Mexican do the same for much cheaper. Doesn't have to be a professional video, just has to be a real one from beginning to end with no cuts, and no bullshit.
The short answer to your question is simple for me. Should I spend 5% of my cash reserves to do an audit of my financials? I could prove that I'm a legitimate company to all the naysayers and shut everybody up, plus bring in interest from new investors? Yes, I think it is well deserved because that one action will increase the share price. And if they did do the buyback of the shares according to one of their PRs, it would easily make that money back with the share price going up.
But I can entertain your line of thought that putting money out for an audit does not make sense when you can use that money for expansion. But if you go by this train of thought, why would you think there is anybody shorting a 2 cent stock? What is the gain they get by locking up their money to get a maximum two cents of profit and have to wait until this goes to trip zeros which could be a very long time instead of taking that capital and shorting other stocks that have a lot more room to run downward?
In one instance, spending the money on an audit could have a compounded impact on raising your share price, which in turn benefits the company in multiple ways, as I stated in the last post. In the instance of shorting, you're spending your money to get a maximum of two cent profit. Which do you think makes more sense? I don't believe anyone is shorting the stock. If they did short it, it would have been when it was 60 something cents and there's no way they're still holding at this point when there are so many other companies out there that they can do the same with and make some real money. Don't get me wrong, I do you believe naked shorting exists, but I don't see the point on a 2 cent stock.
Let me respond to some of your points in line:
How much does an audit cost? AN AUDIT DOES NOT COST THAT MUCH COMPARED TO WHAT THEY SAY THEY HAVE A CASH ON HAND. HOWEVER A NEGATIVE FINDING IN THE AUDIT WILL DESTROY THEM.
Of what benefit and significance would the completion of an audit bring to the company, not the shareholders? IF YOU ARE A PUBLIC ENTITY, THE BENEFIT OF THE COMPANY IS HAND IN HAND WITH THE SHAREHOLDERS. THE AUDIT, IF POSITIVE, RAISES THE SHARE PRICE WHICH BRINGS IN BIGGER INVESTORS AND THE ABILITY TO GET MORE DEALS. IT BUILDS VISIBILITY AND ACCOUNTABILITY AND TRUST IN OTHER POTENTIAL JV DEALS. AND GIVEN THAT MANY SHAREHOLDERS HAVE LOST FAITH, THE BENEFIT TO THE COMPANY IS TO GET THEM BACK. AND A FINANCIAL BENEFIT IS TO LEVERAGE THE AUDITED ASSET TO GET FUNDING IF NEEDED FOR NEW MINES.
If, as BOD, I made a public display of the secured, ALLEGED GOLD, would that potentially open the door to thieves? I DIDN'T ASK FOR THEM TO SHOW ME THE GOLD. BUT A REPUTABLE COMPANY CAN DO THE AUDIT AND VERIFY THE ASSET. AND HYPOTHETICALLY IF THEY DID, SHOWING A VIDEO OF THE GOLD DOES NOT MEAN ANYONE CAN TELL WHERE THE GOLD IS.
Could I readily keep the gold, if it exists in a bank, and would the bank BE financially responsible in the event the gold disappeared?
THIS IS A MOOT POINT BECAUSE THE GOLD SHOULD BE IN A BANK OR OTHER SECURED LOCATION TODAY AS IS, IRRELEVANT OF AN AUDIT.
Would you think that one of the biggest priorities is to preserve cash assets for the completion of the plan? NO. THE BIGGEST PRIORITY SHOULD BE TO ACTUALLY COMPLETE WHAT THEY STARTED, ON TIME, AND MAKE MONEY. SPENDING MORE ON USELESS ENDEAVORS HAS PROVEN FUTILE TO DATE. SO IF YOU THINK AN INSIGNIFICANT COST OF AN AUDIT TAKES AWAY FROM THE CASH ASSETS, THEN YOU SHOULDN'T CLAIM TO HAVE THE MILLIONS UPON MILLIONS IN CASH ON HAND.
Is the company , to your satisfaction, demonstrating some measurable bona fideness in creating the processing plant, and equipment? TO MY SATISFACTION, NO. DO THEY POST PICTURES AND VIDEOS? NOT TO A LEVEL WHERE YOU CAN PROVE THAT IT IS AT OUR LOCATION, OR THAT IT IS BEING ASSEMBLED. WHAT DOES A PICTURE OF A RANDOM HALLWAY DO? OR SOME MACHINERY OUTSIDE? GO AHEAD, SHOOT A VIDEO FROM THE GATE OF THE PROPERTY, THROUGHOUT THE PROPERTY, INTO THE BUILDING SHOWING EVERY ANGLE IN ONE TAKE WITH NO EDITS. THEN I MAY BE SATISFIED. BUT GIVEN THE HISTORY, I CAN'T SAY THEY HAVE PROVEN ANYTHING OF REAL SUBSTANCE TO ME PERSONALLY.
These are my honest opinions. I sit here every few days and catch up on everyone's rant back and forth about all the things this company has done to be a scam, and all the people that want to pump it up without any true proof because they don't want to give up on it. Personally I'm not a bag holder because I got in subpenny and I'm still up, but I was up in the 60 Cent range and waiting for a dollar because Benny promised the same, and I didn't sell everything that I had. And then I watched it decline as he continued to Pump It Up and people were putting all their money into it while it continued to go down and down and down and the company kept diluting the shares over and over again. Even on a bull run, with the current outstanding share count, there's no way that this company can be valued over a dollar without an audit. It can definitely have a big run based on hype, but it wouldn't be a proper valuation, which means it would also have a rapid and significant fall as people take profits that they'll never see again.
And as for this board, there used to be some good dialogue from both sides, but recently it's just a bunch of people typing the same stuff over and over again, and now we've resorted to name calling and personal attacks. It's lost any value that it used to have. I have my stop loss put in for a significant drop, but honestly I'm just sticking around with hope - and not because the company has proven to me that it's definitely going to do the right thing for us shareholders.
But this is not about marketing. It is about proving that the share price is worth something. And if the whole basis of everything you do is a gold backed token, but you never prove you own the gold, and your financial statements never show an increase in the value of gold even though it is going up ridiculously in the last year, you cause more doubt. They talked about an audit years ago, and they made an excuse about outside people calling and asking questions, so they ended it. They could have done a private audit all this time and released the results. If there's a fiduciary responsibility for the board of directors and the senior leadership to give us value as investors, they should be doing what it takes, not shying away from it. That's all my point is.
Condor, I don't understand your response to "There are many, many,many,all with verified gold holdings and all audited. Aabbg will never be taken seriously till they actually verify that they have the supposed 31 million in gold which they promised to do 3 years ago already!"
Why is that hoping AABBG to fail? He stated fact. AABB has many claims, many failed deadlines, and a lot of failed projects. Until they ACTUALLY prove they have the gold with a third party audit, they won't be taken seriously.
A true investor would agree and want the same. Prove the gold exists, and this share price will go up. Unfortunately with the share count, it won't go up as high as it did in the past. That is just another fact.
Are these your assumptions? Where did you read that Torres to any of those steps?
A vague press release with no real information, just to say that they will be sending out more press releases. Then you wonder why investors get aggravated.
Thank you for the explanation.
Can you explain reverse repo?
Hold on, you say that he cannot swing trade for 10th of the penny, but then you say this is being shorted at under 2 cents. How does that make sense?
Why put a PR out about a debt settlement and then not put the details in it?
Does the share buyback actually help? The share count went up, and the Share count will go back to approximately where we were a few weeks ago when the price was still down in the single digits.
It sounds like a good PR, but the stock price only went up 50%, and settled down with half of that gain. Even with great news, this stock cannot run like it did in the past with his share count so high. That is the biggest truth.
Rich,
Even if everything they say they have comes true, with the current share structure, the share price will hardly move north. The toxic note is very much a reality, and it negatively affects the stock.
And now that Benny has returned with his BS promises and price targets, the share price has made a continuous decline. When he disappeared, the share price was actually stable within a continuous range.
I would say the OS is an issue, in addition to Clive's note.
Actually, Penny, dividends you can't trade, and PRs that don't come to fruition are not welcome for most. What's welcome is ACTUALLY COMPLETING what is PR'd and promised. Investors WELCOME RESULTS, not more BS.
And to reiterate from what I said the first two dividends - they did nothing to force out any naked shares or market manipulation. The stock price did NOT rocket as people needed to cover the distribution of dividends related to naked shares. More of the same....
Why do you keep bringing up the dividends? They are restricted. Dividend 1 should have been tradeable in May 2023. The third was PR'd months ago, and then nothing since.
And what about the uplist. You write that it was PR'd. Do you have a date on that last PR referring to it? I have heard nothing about that all year.
Based on my history with TD:
These shares are currently non-negotiable. This usually means that all or part of the shares you are trying to sell are restricted. If you included shares that were given to you as part of a dividend, then it won't sell. Try lowering your shares to sell.
This order may result in an oversold/overbought position in your account. If you already have an open sell order and try to put in another, then it will create an oversold/overbought. Check your order status page and make sure you don't already have an open order that may have been GTC from months ago. Either cancel that first and place another, or edit the old order.
I don't bother emailing TD. Call them directly and their reps can usually explain what is going on quite easily.
The migration from TD to Schwab is being done by regions. There are some that have not received any notification of their upcoming conversion, like me. Others have dates in September.
They should have done that due diligence before putting out a PR about listing on Upstream.
It doesn't matter how positive the news might be. With the float as large as it is, the stock price will not move up. Instead of buying all these mines that they're not doing anything with, they should be buying back shares before they start releasing updates. You can buy the mines after your processing plant has been set up. There's no logic to what they do.
TD is moving over region by region. Not everyone is moving over at once. So if you got the notice, it's your time. If not, it's set for a future date.
Alidare, when you say "from the other side", what exactly do you mean? I never understood the reference.
Interesting article on metaverse.
https://apple.news/AlNX3ytp0RAKp55iL8hkY2g
If you believe the article, IQST may want to pivot away before committing to the metaverse.
As much as I would love to see a run like TOP did afterhours happen for AABB, it will never happen with the 2.7 billion share structure. The reason TOP ran up is because it has a very, very low float, and then the hype kicked in. Lower the AABB share count, put out a good product that can be used by everybody, improve the marketing of that product, and then get some whales to start kicking in and you'll get the Run you're looking for. But the way AABB is right now, this isn't going to move at all. The best news gets you a penny at best.
QUOTE: "Is the Debt/Note Really Toxic or Does it just Appear that way for Now? Could it be that Shares will be Converted to Preferred Shares like Management has and therefore allowing the Reduction of the OS?"
How do you ask this question with a "could be" question afterwards? The note IS toxic as of today, and will continue to be until it is paid off. That is the current fact, so stating a what if statement afterwards that has NEVER been proposed by management is more smoke and mirrors for deflection. AND, converting the note to preferred shares is not needed for a reduction in OS by a buy back TODAY. One is independent of the other, and one does not lead to the other.
Your response is so ridiculous that I won't bother trying to rebut it. You sound like Benny every day with responses that replicate and continue to prove nothing.
Quote: Funny that when I've seen Pictures of the Statue of Liberty, there was No Sign Behind it that Said New York! If You've seen Pictures that are Over 1 Year Old of Production, what makes you think it has not Continued? No Utility of AABBG or Revenue? I've shown you Utility of the Tokens from Purchase(Exchange Fees)to Cash = "UTILITY"! You Can't Really Believe that AABB is Not Showing Value at this Point! The NFTs are already Showing Multiple X's in the Recent Sales for Some Desirables! The Mines that are Producing have Value and The Exchange and PayAABB are about to Roll-Out Enhancements as the Complete Ecosystem Evolves! Your AABB Execution that you're Looking for will be Active in the Coming Weeks and Months Ahead! That's Only what you will be able to see, there's Plenty more Developments to be PRed that is Happening behind the scenes IMO!
We've already seen the Mining Production Pictures on You-Tube and Build-Outs/Ramping-Up of Production has been PRed, that's Visual Proof!
The videos on YouTube are old, and there is no visual proof of where exactly they were taken (no signs, no markers etc.) IF you have a more recent video, please send me a link as I have not seen anything that gives me comfort to believe. Please don't continue to use PRs as your source of truth when the PRs themselves offer no details and are vague at best with what "will" happen in the future.
NFTs are Being Sold Already that have Been Purchased with AABBG Tokens for Crypto that can be Converted to Cash on Other Exchanges = Full Circle "Utility" ALREADY!
Once again, you are talking about using AABBG coins within the same ecosystem that is used only by a minor few followers, and about crypto that is exchanged to cash ON OTHER EXCHANGES. all that means is that the revenue of conversion goes to other companies. There is no utility. Bitcoin is up to over $30k, Gold is up. But no one is asking for AABBG.
Why can't you see the Positive Accomplishments Yet or the Clear Potential of AABB?
The why is simple. This management has done nothing to prove their value, or that the gold exists. As Gitreal says, if you can't prove the Guerrero mine, then you can't prove the gold exists. If the gold doesn't exist, then all of this is a house of cards waiting to fall. The potential has ALWAYS been there, but EXECUTION is what brings profits.
Let's break this down then:
One Look at the Official Mexican Mining Registry is Proof of the Mines Acquired!
No one disputed the newer mines were aquired or have a joint venture. But what have they produced? Do you have any proof than any gold (or silver) was mined or processed? Because buying a mine is spending money. It is NOT creating revenue which is what the purpose of the purchase would be
I have Purchased Golden Baboons Mining Club NFTs with my AABBG Tokens = Utility
So you can buy a NFT. So what? What revenue has that brought in? Can you use the AABBG coins anywhere else? The purpose of a gold backed coin is to bring utility to the average folk, not for an NFT. Can it be exchanged for fiat?
We can see the PayAABB Plug-Ins Added to Date!
Where exactly have you seen this plug-in? What main stream application uses it? Better, how many people are actually using the service, and once again, what revenue is being made? Having a plug-in means nothing if it is not used
The New Enhancements that are going to be Rolled-Out should Convince you
you can't even explain what the new enhancements are, let alone that they will work. Every endeavor is a long, painful, drawn out, full of excuses dud.
Sorry Penny, but your enthusiasm is great for the bulls, but your posts as of late are a bunch about nothing, repetitive lines, and a mirror tactic to that of Benny and hub. What we need is REAL, Proven, easily verifiable PRs. Forward looking statements with no true details are a waste of time, and will continue to get this share price to trips.