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Consider his resume. He had no education to speak of having dropped out of Junior college I believe, then cut down trees and painted houses for a living. Who in the world would invest in a company run by such. Crazy stuff.
That's because Jeff was selling them while he was a pumping mod on the board, and as a secret debt wrap financier, all while his Daddy Dean was CEO. Jeff was with Dean all the way while massive dilution was taking place (maxing the AS), and he was flipping shares while pumping all of the lies on this board that Dean was spewing. As well, he rallied all the board members while Dean went on a CC and "Bet" a couple of posters $10,00.00 to put up or shut up that he was scamming the company. I remember all the hate directed at these two posters when that happened, and ole Jeff DeanGenova was right out front on it.
Come on folks, anyone that has been around a while knows who the real manipulators were/are. And anyone that would touch a stock that has those individuals as any part of it should be very very concerned regarding their investment. Buyer beware.
This stock is getting back to basics after the rape of it by the previous CEO's in which it will now be a flight school to start with. That was all anyone ever wanted before all the fantastic stories of mergers, etc., and dilution started. Thank Dean Bradley and Jeff DeanGenova for where this company is today.
You do that. Good luck.
Current shareholders are holding onto their shares for a higher price and the toxic funding from convertible debt (504 scumbags) has maybe been completed.
Well put. Trading without emotion.
Haven't posted in a while since I am busy expanding my company and hiring employees. Still here and waiting for this to pop. GL everyone.
Good buying opportunity right now or adding to holdings. This has been money from .94/share to 1.20/share like clockwork. And way undervalued.
There was/is heavy short interest on this. It will reverse as the shorts cover, especially on good news. I love the natural gas plays potential right now moving forward. Fracking has thrown the enviro-nuts for a loop.
Finally---I can get back in. Haven't lost money on this gem yet. It's consolidating and taking a breather. May dip a little more but still a good entry (or re-entry in my case).
Person marked you back NTBob. Take care Sir.
This is exactly the kind of info I was craving two years ago before all the shenanigans from Dean and Jeff (together)started. Way to go Joe. I hope all the shareholders realize gain moving forward. Now, if Joe can get a court action against Dean and others, either civilly, or I hope criminally for his financial rape of this company. That would be icing on the cake.
Oh----Jeff representing himself!!!!!! lolololololololololol He should go back to cutting down trees, or possibly scamming homeowners with remodeling jobs. The boy is out of his league.
The new share count will have increased not because of the company diluting but because of the convertible debt issued via shares. That being said even if it went to 125 million OS, it is still a very very low number.
I bet Nazir isn't going hungry though, especially since he knew exactly what was going on while letting scammer Jerry Williams (Monk) sign documents representing the company, as well as pumping and selling into it. They filled their pockets before the SHTF. I suppose he will pop up in the future in a different scam.
Our friendly 504 sellers at their finest.
No one is arguing with you. It is just that your posts are meaningless considering the circumstances. Really just a waste of time.
So strategically if one is aware of an entity (directly or indirectly)doing their convertible debt (504), then one would be inclined to short the stock down with an idea of where it would land, then cover and go long? Is that how it would be played? Hmm? Pinky land at its best! arggg.
12-18 months. $16.00 or there abouts.
Well....do tell.....thanks for pointing out the obvious!
Agreed. eom
Lost a lot more than I made in the pennies. Went big board and long on dividend stocks mostly. Did buy the BAC.C Capitol Trust (6.88%) along with the BAC commons. Sleeping better anyway.
And your right on the flipping of stocks for liquidity in the market. Certainly is necessary.
Member mark for you.
GLTU as well. I suck at flipping. Taking the long road more these days.
I am not saying it won't be turbulent over the next 12 months +, but if a long is in it for that period of time (say 12-18 months), they will double from here. Shorts can probably make some scratch during that time with the up and down of the stock. But I like the upside long term. I will continue to buy on any dips.
Sounds like we have a bunch of nervous shorts here...lolol
I own that too....the BAC Capitol Trust XII (BAC.C), (@6.88%), Moody's BB+.
1.4% of the entire float is shorted, and there is 60% institutional ownership of BAC. Therefore, there appears to be a lot of folks in your camp! lolololol....Not. 10 shorter's on a Ihub message board and they think they will influence a stock that trades 300 million plus shares a day? lolol Good luck with that. I'll stay on the side of Warren Buffet.
What a glorious day that will be.
Ambulance chasers. eom
Heavy volume and green? Looks like the boat has been loaded again. Interesting......
A very sad affair Shermadog. Thanks for your input.
I know, I am just embellishing a point.
This always had great potential to be a flight school. It got off track when Dean started scamming with the unbelievable stories of merger and acquisition, and so forth. If when this all started, and the AS was 250 million, if they had just focused on building a legitimate flight school, it would have been a .10/share stock, but greed, corruption, and fraud entered the picture.
Joe has the right idea on this. Build a darn flight school. That is all the original holders of this stock really wanted. he will have to dilute though to get out of the debt that Dean and then Jeff created, then he will have to RS to prop up the share price. It will hurt of course, especially for shareholders under water, but will be better for the stock in the long run. Have a low AS and float, with a legitimate flight school, and this just might be a good stock one day. Just a sad sad story in between.
Yup. A real shorter would wait till 15 or 16. These here claiming to short at 8, imho, are not, rather, they are trying to get in lower. They simply missed their entry in at 3 1/2, 4, 5, and 6's.
lolol.....yup......good point! Looks as if one hell of a scam indeed. Who would have thunk it several years ago.
Does anyone know if CCME is even in business anymore?
I suspect you had a little birdie in your ear prior to the news release. Sorry---it ain't passing the smell test with me. But alas, I have come to suspect everyone and everything related to and regard anything QASP.
Adding here. (130M more), but looks like our friendly seller has a few shares left though.
hmmmmmmm.....
you short?
You want to know whats hysterical? Shorts here are cracking me up. Work it brothas!! So be it....short away. Ill cash in at 16 while you cover.
Agree.
More like a walk in the dark.
Not with the price of gold where it is and where it is going. Easier because of that imho.