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Listen to this possible scenario Rey.
In order for SNRS to complete a downhill merger they would have to grant shareholders the same amount of shares in the new company. It would make sense for SNRS to try to tempt current shareholders into selling by inflating the current pps to a level where people would bail because of the amount of shares they hold, hence the fluff PRS, therefore buying back all or most of the shares themselves.
Thats why I was stating earlier that I do think they care about the share price right now as they are trying to get investors to sell before the merger.
Now imagine if you don't bail, no matter how much you are tempted and the merger goes through.
United Power Solar opens up with huge sales and takes off as a legitimate successful company.
Now I know this is far reaching at the moment but imagine owning millions of shares.
My God you would be loaded!!!
Heres the downfall, you don't sell at a price where you would make a pretty profit because you are holding out for the merger and this turns out to be just another scam. My God that would be devastating.
I do not think we are doing enough DD on Rothman here. He is the key to this whole scenario.
I would imagine the ultimate game plan here would be to make United Power Solar the parent company eventually dissolving SNRS. I believe its called a downhill merger when a parent company dissolves into its wholly owned subsidiary. This would make sense as I don't see confidence levels in SNRS gaining any traction because of the history of the company itself. We would have to see legitimate sales from UPS in order for this to happen of course. Its a process of a wholly owned subsidiary taking over the shell of the parent company ultimately saving the subsidiary the process of becoming its own public entity. This is the first time I have been involved in a company that has just spun off a wholly owned subsidiary so I am learning as I go. From my findings(if i am correct as I might have misinterpreted) this would seem the logical way to go if these guys are legitimate. Also from what I have learned there is no reason for approval from shareholders making the process much easier.
Rey I don't know if we are talking about the same thing but Southern Co. is a big company based in Atlanta where Turner is from. They trade under the symbol SO.
I think we'll find out soon enough.
Hey Rey, I'm wondering if the companies thinking the PPs should have been higher by now? I don't think they got the spike they were expecting from the PRs. The next move they make is crucial, I bet its a good one.
Further DD tells me that they were in SNRS together so I don't think the Twitter info pans out.
Nothing wrong with throwing things out there for people to work from.
Every little bit of DD helps down here at these levels
Nick, I found some info on Rothman, he's on Twitter under the name bosradio. If you look under his followers you will find the name
Ron Touchard. Does the name ring a bell?
Touchard was the ceo when SNRS was thought to be a scam.
Not only that, Rothman also follows Touchard.
Also in this circle is Henning Morales, another well known pennystock scammer.
Now lets not forget anyone can follow anyone on twitter so there may not be any connection at all.
I just thought I would share this with you.
I believe the company the poster is referring to is SNRS. Obviously not looking to good over here and we are trying to get our DD down in comparing the two.
I agree, if your confident enough it would be a good time to pick up some more shares but like a said earlier this is a hold for me.
I believe it is. I read some posts over there and there seems to be some questions about another company that Rothman is running that is seeing movement but they don't seem to know what it is.
We should go over there to make the connection and see if we can get some of those guys over to SNRS to take a look.
Take a look at RBID. Thats a Rothman Shell
And thats the name of that tune.
In conclusion I would also like to submit that it would be useless to issue substantial PRs through agencies you grant millions of free shares to when they release.
The company would only be contradicting themselves if they did so.
Use the public relations firms to spread the word that you exist with useless PRs then when they are out of the way you unload the real stuff.
Brilliant
Correct, thats exactly how the system works down here. The company issues loads of shares to get the PR groups to put out the first, second or maybe even third set of PRs. The stock goes up, the PR firm sells. Thats why, as I stated in an earlier post, that you do not want the PPS to skyrocket on the fluff. Let them dump their shares at .0004, who cares?
Would the PR firm love to see a spike to .005 on fluff? Of course they would, but in this case they are not so they will settle for .0004 or .0005.
Now, is this bad for investors? Absolutely not, its exactly what you want to see, let them get the fluff PRs out and let the PR firms dump at a low share price.
The next step is the most important, which would be substantial news with revenues in the millions. This would bring the PPS up in a normal fashion ultimately raising the resistance levels without PR firms in the way dumping millions of shares onto the market.
An incredibly smart move by the company not to release a significant PR with so many free shares sitting out there that would drive the shareprice down on a substantial spike. This would also negatively effecting shareholder confidence causing a panic sell off by weak hands therefore rendering the substantial PR useless.
So far this is exactly what you want to see in a company at these levels
Unless people are investing money in this company that they can't afford to lose I would consider this stock a hold. I would not be adding to my position at this point nor would I be selling. This stock is what I refer to as a "just in case" meaning I have a position that if it gets dissolved is not going to bankrupt or even put a dent in my portfolio that is going to significantly damage it in any way.
However, If it goes in the direction that I am hoping it goes it would increase my portfolio in a way that would fulfill my wildest stock trading dreams.
It is an intelligent move to hold this stock if your losses wouldn't effect you in any significant way because on the flip side your potential gains could be astronomical.
Rocky
Its a good thing that the PPS is not going up on these PRs. Investors are showing this company that naitivity is no longer as prevalent in these stocks as it use to be. People need thick substance from a company before they take a chance on investing their money and until we get that we will be sitting right where we are. This is good for current investors that believe that this company has a future as the companys back is against the wall to show us what they are made of.
Shakerzzz, it looks like SNRS is ready to pop. Where do I send the gift card if it does brother?
LOL
If it were that easy down here Nutriman the world would be filled with millionaires. At these levels you are not investing on whether a company is real or not, you are investing on pure speculation and trends. If every company that was sub-penny was real there would be no companys at sub-penny. This is the biggest casino in the market, either you get in on these stocks at .0001 and take the chance that they are real, or you get in at 1.00 when you know for a fact they are real.
For instance, lets say you invest in a company at .0001 and it skyrockets on pure speculation and fluff PRs. The trick is to set your sights on a profit of lets say, 100 or 200 maybe even 500%.
You take your initial investment plus most of your profit back and leave a little on the table just in case.
That way you don't have to worry if the company is real or not.
Thanks for the PM Rey, we have a chance to make a killing here!!. I love getting in on the very bottom of a stock that is building up steam like this one.
we shall see very soon I think.
God I hope your right Corrado, because the amount of shares that I am willing to sacrifice and leave on the table after I take my profit will make me a rich man.
Stick to your game plan Rey and you will do just fine.
To all Newbies, I suggest you follow this thread. I hesitate to give advice on any stock but the conversation that Rey and myself have posted contains a wealth of information and a free lesson that can save you money as well as make you money. Whether you heed this advice or not good luck to all on SNRS.
Rocky
Excellent post, I see that our strategy and goals, although unsimiliar in ways are quite similiar in others. The one thing I do hesitate in doing is applying the word "long" to stocks in pennyland (sometimes LOL, as I have made the mistake myself in the past).
You mentioned SPNG in an earlier post, when I bought SPNG at .04 I set a goal to sell a large portion of my holdings at .14.
That did not make the rest of my position "long", it made it sacrificial.
the stock went on to shoot to .28 cents before the owners dumped. Did I care, absolutely not, I made the money that I intended to make on the stock. The term "long" was thrown around like a hot potato on SPNG when in the end a "long" position actually never existed because of the outcome. The people that considered themselves "long" got burned beyond belief as they usually do down here.
So I submit to you, as you say you hold a long position.
How long?
If the stock shot to a dollar tomorrow you would sell, correct?
I know you would.
What exactly is a long position in pennyland?
Think about it Rey, There is no long position down here, only what you are willing to take off the table and what you are willing to sacrifice.
Thats exactly what you should be doing. Don't get me wrong I am not saying you should liquidate your entire position but you should take some money off the table with profit. You never know. this could be the one where the owners decide to make a legitimate run at a highly successful company, but there are other entities that would not like to see that happen. Legitimate companies have been crushed by naked shorters to the point of oblivion. So not only do you have to keep your fingers crossed that these guys are legit, you also have to keep them crossed that the crooks don't have a huge stake in hoping that this company dissolves. Down at these level the odds are highly stacked against the common investor as our money is used as chum in shark infested waters. As a rule Americans are quite greedy, it is in our blood, but to be greedy down here as a common investor is just outright insane. If you found a 100 dollar bill on the street would it give you a pretty good feeling, or would your first reaction be "I wish it were a million" ?
If you use the same logic down here you will make money. The only people that get rich at these level are crooks and scam artists. Just because they get rich fast does not mean we will.
Trade wisely my friend
hahaha now you're talking and I believe you know how to make money down here. These stocks are not for investing they are for flipping, the owners of these shells know that and thats exactly what they do. You see its quite simple, if you think like the owners of these companys you will make money, the trick is to dump your shares before they do.
Forget about investing in these stocks, play the pump, make your dump, don't be a chump and your account will be plump.
Then move on to the next one.
That topic has already been put to rest but thanks for your well thought out response.
Its in the 8K OT. It says they were only charged with one count. But that has to be preliminary, i'm sure more counts have been added since the day of the arrest. The law probably went in with just the one count because thats all they needed to cuff them.
I got it OT thanks
Thanks LR, I was going to say if these guys beat this i'm gonna be pissed.
Thats not the question, the question is if they were only charged with one count and they beat that count they are free to go.
YES or NO
OT, when it says they were only charged with one count does that mean if that one count is thrown out by the judge or they beat it they are free to go.
Fourkids I read that 8K and I noticed it only stated that they were charged with one count. I'm no legal expert but shouldn't it be like 15 or 20 counts for what they did.
Reyman I have been here for over a year. There is an enormous amount of investors that were stuck in this stock at .0001 what seems like forever,I know because I am one of them. What we are seeing is those investors dumping millions of shares because they finally have a chance to get out of this stock. I have a friend that literally sold millions and tripled his money and said adios forever. What needs to happen is all those past investors need to cash out, then if we get good news and maybe an office(lol) there will be an influx of new investors running this thing up.
This is a huge gamble but the good news is you can gobble up tons of shares and it isn't going to break your bank.
Hopefully the company is buying back all those shares.
We'll see
If it takes a nice steady climb i'll stick around for a while. If it shoots up like SPNG i'll be out faster than you can blink an eye.
Unfortunately its a battle you can't avoid. As soon as it starts to move it will look like SPNG over here.
Beware of the paid bashers. They are already here pretending to be your friends.
Shakerzzz It looks good up there at the top my man.
SNRS to the moooon!!!!
Story of my life OT. Yet I wasn't to late when it came to this fiasco.
6 months early as a matter of fact.
Are you saying all charges could be dropped?
Hold on everyone.
This just in!!!!!
All charges in the SPNG case could be dropped.
I'm gonna go post it on YAHOO.
(this should be fun)
Cmon Dog, the real truth is never a priority anywhere on these boards.
LOL, I know a couple of ways but its a mandatory 10 years if we get caught.