Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
SPOI CAVEAT EMPTOR (buyer beware) Must be good reason for that label.
Frankly I do not expect VELA to go up on it's own merits but will take advantage of another Pump & Dump promotion if and when it presents itself.
Actually - I hope that U R right!
When it comes to Cyberlux what's another year or two?
I will agree but still takes info from VelaTel. Anyway, I am locked and loaded as they say @ .0002.
Short answer is yes. I read much more into:
1. Network connection problems, suspension of services, etc
2. IF CMMobile is in fact a "wholly owned subsidiary" of Vela Tel, it seems to me that it would be up to Vela Tel to put news out in regard to what appears to be their last remaining business.
3. Otherwise, who is to know anything about this other than the few who follow and post here as reflected in the pps which is .0001 and it looks like anytime that it does get to .0002 someone sells or there is dilution.
What merger? The only hope here is that someone initiates another Pump & Dump. Possible but not probable anytime soon.
Also remains a possibility that George Alvarez, Family & Friends will bring Velatel out of the dark and make another go of it.
However, the more time that passes the less likely that is to occur.
All of the above - JMO.
I am beginning to believe that it matters not what CMMobile does or doesn't do or IF even they are part of Velatel. The stock price and action speaks for itself. jmo
Things seem to be happening fast here. STOP to SKULL/CB to HALT all within about what - a week? Can't say that I have seen that before.
Must be something or somebody pushing this along and I do not believe that they are happy about SPOI.
Stand corrected AHS not HTI. Agreed on all else.
Do not forget that DesLongchamps invested "slightly more than One Million Dollars" into HTI and I am not surprised that he would be looking to get that back. Also there was evidence - court filings -
that Cunetta also invested but I do not recall a dollar amount being stated.
So - no surprise that DesLongchamps, Cunetta and Coats would sit down and try to figure out how to recoup their losses. For Coats, just getting the IRS Lien paid off had to be a relief.
I have no proof of course but would not surprise me that Herbert Southern and possibly a few others are looking to get something and therefore watching developments closely, perhaps including the IRS.
Monarch Capital also still has a judgment in place.
I think that Opie somehow got the $96K he needed to pay off his IRS Lien. The timing is highly suspicious. All PUBLIC RECORD By the way, just need to look it up.
The entire thing is highly suspicious imo.
I see a SKULL & CROSSBONES for SPOI.
I think what is obvious is that someone is selling @ .0002 each and every chance that they get. Could be dilution but would have to know the OS to make that claim.
I screwed up this time with my $50 target. Oh well - bird in hand is better than two in the bush.
Cruise business out of Port Everglades and Miami remains strong.
Highly competitive but strong.
What comes to mind when I read your post is: "New to iHub - The Cannabis Report - Click Here."
Relevant to your posts imo.
"The way to maximize profits is to get in AHEAD of the promotion."
Good advice for VELA imo. IF you think that there will be another promotion - aka Pump & Dump - or IF you do believe that Velatel will come alive again, now is the time to load up.
How much you buy or your target price is entirely up to you.
Personally, I do not think that Velatel will simply fade away.
Could be wrong but I think not. George Alvarez, Family & Friends have too many shares. All of the above is MY OPINION.
You are right. How can anything start off with 11 Billion shares?
I still contend that the timing of things and the fact that Chad Coats paid off his $92,702.66 IRS Tax Lien is not coincidental.
Renee "The reason I submit the changes....". Thanks for doing that.
As for how SPOI plays out will wait and see.
Colorado SOS 100 shares
Idaho SOS 11 Billion shares
Renee What exchange will that be listed on? Is the AS 11 Billion shares? tia
The Eternal Optimist.
Erasmus99 See - it is already interesting - pun intended. Incorporated in Colorado 10/27/2016. Reading the 3 page Articles of Incorporation I see Fayetteville Arkansas 72701 AND Fayetteville Colorado 72701. I don't get it!
This requires further study and research.
The Arkansas Filing from 2010 doesn't make sense to me either but says Good Standing.
Will be interesting how this SPO Networks plays out. jmo
I'd say that VELA has already tanked.
When the ticker changes as I think that it will soon, one of us will have to start a new board.
I don't like the 10 - 11 Billion AS but aside from that will keep an open mind about SPO.
Do not have a problem with Cunetta or DesLongchamps.
pennymonster1 As I see it, so are you. Point? Being criticized for taking profit at .0005 was also irrelevant and actually off topic.
How many shares any poster holds of any stock is OFF TOPIC.
Further "Why are you here posts?" from anyone will be deleted as a TOS Violation OFF-TOPIC as the TOPIC is VELA.
What "efforts" are you referring to?
In order to continue and not be delisted VELA would probably have to file a 15-12G Securities Registration Termination thereby relieving them the duty of filing.
I do not think that they will be delisted. Could just continue as a SEC non-reporting/filing company as many do.
As for the SEC litigation in progress, will have to wait and see how it is finally resolved. I expect the SEC to prevail but then Velatel may have to then take their own legal action against Ironridge. That scenario would not be good imo as it would be costly and lengthy. Apparently IR has deep pockets.
On the other hand, I don't see GA, Family & Friends simply walking away from their millions (billions) of shares.
Bottom line for me is I don't know. However, not a whole lot of risk in holding a few million @ .0002.
Looking forward to 2017 just maybe Alvarez will actually do something or at least say something that will positively affect the share price. Lacking that - and more likely - another promotion campaign - aka Pump & Dump - will emerge? GLTA in 2017.
Erasmus99 I have been away. Responding to your PM, the post was deleted by Admin. Reason: Personal Attack.
4.5B AS or OS? As of July 23 2013 the AS is 10B. As of the last filing for p/e 12/31/2013 the OS was a little over 3B.
My guess is that the OS is in the 4.5B range. Note: guess.
I suppose won't know for sure unless someone can get the current OS.
I have not been able to. I think that the AS remains 10 Billion.
Probably massive dilution happening. Way ta go George!
If anyone wants to buy - now is the time. Why?
1. The Ironridge/SEC litigation should close in favor of the SEC which could then benefit Velatel.
2. George Alvarez, Family & Friends might decide to come out of the dark and do something.
3. Someone might come along and start a pump but that will be more difficult seeing what happened with the last one.
All the above is JMO. GL
Come back to what? .0004 Don't forget those zeros.
Source? VELA? LMAO
Yea - those zeros and dots do matter! lol