In reply to: I hope everything works out with the new account. Very strange you couldn't see L2, and being in penny world, L2 is pretty important lol. Good luck, hopefully something happens with FNRC. Been holding this for a year and a half now

I would say you should not be in the penny world without L2.

Rod

Now that bitconnect has stopped their lending program I have found a new one that gives up to 3% per day in interest. https://goo.gl/4zAoJN nice!

in reply to: i like this lending platform but with lending platforms and the interest earned you literally have to get into these things when the platform is new to finance their ICO and after thst they usually terminate the platform. but while its operating its a great way to make money from made money. They are a lot of these around and you could literally through a dart on the board at any of these platforms and do well, but they have a 1 or max 18 month shelf life depending on accruals. Greg and Jordan told me they had made direct investments in bitcoin ripple and multiple lending platforms, which is good....diversify. the callable preferred is probably where the money is once they get it filed. i presume you talked with them as well....thoughts?

I have had stock here off and on for quite a number of years and at the moment its a hold stock for me. Yes I have contacted the company a number of times over the years (not recently though). Not sure what to think about the callable preferred at this point. diversification is always a good thing though.

Rod

Not worried about it, I have other options. I still might try again next time to see if it works for me.

Rod

In reply to: As IF Breitbart is the only source of what is a fact.

Fact is Capitol One Credit division has placed a ban on all cryptocurrency related purchases as of 1/12/18, "Due to escalataing fraudulent charges and customer complaints, all charges relating to Coinbase and cryptocurrency have been blacklisted and will no longer be authorized by Capital One"

Must have just got in before the ban, as I bought bitcoin with my capital one card on Sunday.

Rod

Been watching a number of stocks over the years and I think they are using companies like this one: https://goo.gl/4zAoJN

Ever since I heard about this I have tried out a couple of sites (not recommending you do, but full disclosure the link above has a reefer code) and have been getting a nice daily income (in the case of bitsequence 3% per day) out of it. In my case it never hurts to diversify a bit (stocks, bitcoin, bit of silver and a bit of gold) and not just be in stocks.

This is how I think they are earning their income.

Rod

In reply to: http://finance.yahoo.com/news/upper-street-marketing-inc-seals-123000799.html
Does anyone have a reason not buy? I think I will jump in.

read the PR more closely. Its a fluff PR with no weight.

Rod

In reply to: Share buy back in place!

seriously, you really think the buy back is in place when the buy back was announced years ago by a CEO that is not longer in charge? I have a bridge to sell you ..... its really red and it hangs over London, and despite the song it has not fallen down.

anyone that believes in such dribble should lose their money.

Rod

What's more, most of the people claiming it (short position of 2 mill) are no where to be found now that the stock is down from the highs. Coincidence, I don't think so.

In reply to: It's merely the overused and false OTC claim, i.e., It is always shorties fault - "Shorty trying to cover". "Burn Shorty Burn", "gonna get SQUEEZED!", "MOASS coming".

Only problem is there's NEVER any documented PROOF.

Did I mention these dastardly "shorters" are supposedly in the U.K.? lol

which is what I have been saying all along. Nice link though, have to add finra to my link list. Thanx.

Rod

in reply to: Despite the false claims of a 2M share GNID short position which is currently being distributed throughout the Internet, FINRA states the current accurate short interest is 3,000.

Anyone can check here - the only site recommended by FINRA: http://otce.finra.org/ESI

Don't be fooled.

The Daily chart looks obvious.

rod

Actually it is more than likely the transfer agent and not a broker (since public companies use transfer agents to manage stock certificates and it would be the transfer agent that does the share exchange).

rod

in reply to: Al, I got a call this morning and found out what the issue is concerning converting the Series E shares to common shares. Apparently there is a billing issue between the company and the broker

For those interested in what a CMPO is and how it could effect GNID: http://www.schiffhardin.com/Templates/Media/Files/Publications/PDF/De-Martino_Orudjev_Pavri_TransactionAdvisors_20140401.pdf

Rod

Have a look at the following link: https://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm

look at rule 203 & 204, this activity by market makers can appear to be a short when in fact they are not actually short. Since Brokers are required to have $2.50 per share in order for their clients to short because of volatility of pinks it is very unlikely a short and is more than like market maker activity showing up as a short.

Rod


In reply to: Gecko the lizard suggests GNID is a solid buy. That's just on the immense short squeeze that will be coming at the hands of 2m+ Shorted shares and doesn't include the $40m CMPO Offering coming by way of GNID's full blown investment banker and the Underwriter, Wellington Shield's.

it happens in every penny stock. companies like google have different avenues, its still dilution any way you slice it.

Penny companies are companies which are basically lotto picks often with little change of success which is why you often seen someone try something, it not work and then the shell gets bought out buy someone else to try something. Few people will fund those types of companies, those that do want a very good return on their investment. With out those people companies like GNID would not exist.

As a penny investor about the only thing you can do is do your DD and make your best pick.

I don't recommend staying in them for very long. Smart people have realized these are not investments, they are trades.

Rod

its on going in every pinky, there is not a pink out there that is not diluting. And a 1:200 Reverse is not that bad, there are stocks out there that have done 1:20K Reverses. There are also stocks out there that have billions on the OS. In the pink markets you have to accept that dilution happens and if you can't you need to get out of the market. companies that come into the market do so in order to raise money and in a lot of cases the main avenue to do that is convertible notes and that means dilution.

Even big companies have dilutions, here is a link to Google issuing bonds (which is dilution): https://www.bloomberg.com/news/articles/2016-08-02/google-parent-alphabet-plans-bond-sale-to-repay-short-term-debt

Rod

In reply to: Then again, a few million, after a 1:200 reverse split, isn't REALLY nothing. winkwink

But yes, it's important to realize that the dilution is ongoing on this stinky pinkie, and only accelerating, thanks to all the toxic debt.

Looks like we have a Mexican standoff, people at .05 won't bid more and people at .08 won't come down to .05.

Rod

It is entirely possible, it is obvious that some of those longs are flipping shares. it goes up sell, it comes down buy back more at a lower price.

Rod

In reply to: GNID traded over 5m shares in a 7 days period with a 4.1m Float and True Longs were already holding up to 60%, could be higher, lol. IMPOSSIBLE, ABSOLUTELY IMPOSSIBLE!!!

Every (stinky) pinky stock dilutes, its a matter of by how much and a few million is nothing. If you don't want the company you own stock in to dilute, the pinks is not for you.

Rod

In reply to: Looks like about 40% of yesterday's volume was toxic dilution.
Reg Sho shorts 105,950

Those short numbers can be explained by the way that Market Makers make the market. MM's often sell short in order to offer an orderly market and then cover at a later point. It shows up on the short list but its not really a short.

As I have said there are basically only two types of people(there are actually three) in the market that can short. Note holders who can cover a short position (and are able to provide proof to brokers) and market makers which are allowed to short in order to provide a stable market. The third is anyone with deep enough pockets to pay the $2.50 per share to short the market (which has been excluded due to the fact that most people in the penny market are never go to do that).

Rod

Which is what I have been saying (there basically is no short position).

Rod

Because you or Green12 which are the moderators (and the only ones who can edit the ibox) have not removed it.

Rod

I never said dilution never occurred, I just said that it was not currently occurring. In fact I would suggest that some did occur into the run up, but not afterword's and not now. The trading patterns I am seeing on L2 are normal trading patterns of a pink. We had a big run up, stocks don't go up for ever, at some point they pull back which is what has happened.

Rod

You posting a link to another message (which you wrote) where you don't provide any third party proof does not make it so.

Rod

oh I never suggested they were gone, I just said they are not diluting right now. There is just not enough share volume moving through the stock for that to be the case ... Period.

You can disagree with me till the cows come home but that does not make it true.

Rod

Just as there are no toxics here, it is very unlikely that there are shorts here. With the requirement of most brokers of $2.50 per share required to short a stock, it is very unlikely a short position and very likely just MMs normal trading patterns. The only other likely scenario would be a note holder converted into stock and is using the stock to short but I just don't see enough volume here for that to be the case.

Rod

I don't disagree with you but I have seen lots and lots of toxic sells over the years I have been trading and that pattern is not showing up here. You would typically see heavy volume and a rush to .0001 but we are not seeing that. The amount of volume we currently have just does not support your assertion that there is toxic selling.

Rod


in reply to: The toxics take whatever they can get. $5 grand is $5 grand.
Sadly the $5 grand in dumps only removes $300 in debt.

There is not enough volume for there to be toxics here as you suggest.

Rod

You are so funny, Toxics are selling a few thousand shares .... I don't think so.

Rod

I don't agree, I have been watching L2 for the last couple of week and I don't see any Toxics as you say. If that was the case we would see a bigger share volume being sold. This is just not trading enough shares for Toxics to be here.

Rod

Bid / Ask gap is to big, even though the order volume on the bid side is good the gap is too big so people are buying / selling at the bid.

Rod

You need to be a bit more patient with the Submit Post button as you are often double and triple posting.

Rod

GCEI is going to the MOON!!! $GCEI

Only if you use what is going into that shed.



Rod

News:

Upper Street Marketing Completes Acquisition of Cold Beverage Pioneer SPRiZZi by Naming Michael Breault CEO

LOS ANGELES,CA--(Marketwired - August 11, 2016) - Upper Street (OTC PINK: UPPR) - After months of due diligence and preparation between both Upper Street Marketing and SPRiZZi Beverage Company, the two companies are prepared to announce that as of Aug. 16, Upper Street will have fully acquired SPRiZZi Drink Company and will appoint Michael Breault as CEO of Upper Street Marketing Inc. Mark Breault, SPRiZZi's current chief technology officer, will be appointed to the position of chief operating officer of Upper Street Marketing Inc.

Michael Breault is the original founder of SPRiZZi Drink-Co and has decades of experience in all aspects of manufacturing and marketing with several consumer product companies. "I'm very excited about the merger with Upper Street Marketing and the prospect of commercializing our product. My team at SPRiZZi has created an amazing product and our acquisition by Upper Street will give us the ability to scale rapidly in 2017 and 2018."

Prior to SPRiZZi, Mark Breault spent 15 years in advance product development for the Ford Motor Company. He attended the University of Michigan-Dearborn and has a degree in electrical engineering. Mark Breault and his team designed and developed the SPRiZZi Cold Beverage machine, which the company plans to launch in Q4. "We have taken a very established market of hot single serve beverages and are building a similar model that we believe has enormous upside potential. Our revolutionary product is an innovation for which we have filed eight patents in both the U.S. and international markets."

Both Michael Breault and Mark Breault will be appointed to the Upper Street Marketing board of directors on Aug.16. In addition, the following three executives will be appointed to the company's board as independent directors: former Sony/Disney Executive Mark Meyers, who has a bachelor of arts degree from San Diego State University; entrepreneur and national sales expert, John Woodward; and global clean water activist and business developer Antonius Soelistyo.

SPRiZZi plans to commence its marketing and sales program this month. A sales team will travel with several Culligan International Franchisees across the U.S. to introduce the SPRiZZi Drink Machine and Consumables to corporate offices for use in lunch and break rooms. Since Culligan International already supports millions of offices, SPRiZZi can accelerate its marketing and distribution strategy by penetrating this established customer base before going direct to consumer.

About SPRiZZi

SPRiZZi was founded by Michael and Mark Breault. The company is focused on the manufacturing, marketing and sales of single serve cold drink products. SPRiZZi markets and sells both the drink machine and flavor cartridges. The company sells its products worldwide and is developing additional cold serve products to serve both office and home markets. SPRiZZi collects revenue on the purchase of SPRiZZi cold drink machines and flavor bullets. For more information, visit http://sprizzidrink.com

Forward-Looking Statements

All statements in this press release that are not based on historical fact are "forward-looking statements." The terms "expects," "would," "will," "believes" and similar terms are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Upper Street in light of its experience and its perception of current conditions and expected future developments, as well as other factors that Upper Street believes are appropriate in the circumstances. Many factors could cause Upper Street's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. These risk factors and others relating to Upper Street that may cause actual results to differ are set forth in Upper Streets periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on Upper Street's forward-looking statements. Upper Street has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

A few people trying to hold up the stock by buying small amounts is not a run.

Rod

In reply to: Well I have watched him run almost daily for the past several weeks. $GCEI

I don't agree (we will see who is right), I think with the number of shares on the ask this will break lower at some point. Especially if there is no news from the company.

Rod

In reply to: For those that have watched level 2 for awhile know that the 1192 on the ASK is a runner. That number has bounced all over the ASK. Once that ASK starts getting smacked around it always moves higher. It is only there to entice sellers and lately there hasn't been any sellers!!! Yes, there hasn't been any buyers but no one wants to get rid of their shares. $GCEI

Looks like another down day with 1.1 million shares on the sell.

Rod

In reply to: GCEI has finally got it all together after all these years & we should star seeing some more GREEN. With increased Volume

Sorry Glen, I am not seeing it. If they had it all together as you suggest we would have had news by now as they have suggested. It looks to me like a company that is just chasing the latest trend with no real business.

Rod

It is unlikely there are any computers trading this stock (not liquid enough). One of the tail tail signs of computer trading when you are looking a L2 is when the bid / ask price changes rapidly (you can see this some times when a stock goes on a run). The computer traders don't normally trade a stock unless it is on a run where liquidity is much greater (at least in my experience).

Rod

In reply to: Legends most often are based somewhat on fact. You said "most" are done by computers. That leaves the door open for the likelyhood of manual intervention, so it cannot be totally discounted that this was a computer program, intentional prank, or coincidence.

This is common with pink companies, its the flavor of the week.

Rod

In reply to: He came back because they gave him a ton of shares for a lousy idea and the chance to do something with his idea as a public company.

Watch GCEI will switch away from the PGM deal and become a company devoted to his LED idea just like JeffGordo suggested.

They always start in one direction, screw it up and switch directions. I have seen it numerous times since 2007.

Also I learnt a lot more about Levine since he came back