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well if it goes to .25 via reverse split then I am sure all ARTI owners will be real happy.
The price would be up without adding any value to it and then the directors can dump their common.
Yeah, that would be great!!!
sorry guys par value means squat here. If this passes this company is garbage.
Here is a link that spells it out clearly. A minnesota corporation can sell their stock at less than par value.
https://www.revisor.leg.state.mn.us/statutes/?id=302A.405&year=2008&keyword_type=all&keyword=%22par+value%22
thought for certain when I looked that bid/ask this morning there was a PR out.
very interesting action this morning, good to see.
I would absolutely love if all the chatter about a buyback went away.
Lets focus on getting them to retire the accrued payroll debt. That is probably costing us more shares each month than they could ever buyback.
It is quite common for these pinkies to do this. IFSL needed to do this a while back, now they dont.
Some employees deferred their pay( a long time ago) because IFSL simply didnt have the cash to pay them. When pinky employees do this there is almost always a stock option attachment to it. People dont just defer pay because they are nice people. So as long as this money is owed, these employees have the option to buy shares from the company for what is probably dirt cheap.
I want them to retire that debt, now. Who cares if they buyback a 100 million shares if employees can turn around and buy 100 million shares at .003? We would be right where we were before.
Lets talk about how great it is that the company now has all these options. I say spend the money in India, haha. Lets get over a billion people on board. Then lets move to Europe.
unfortunately you seem to be the one that is a bit confused. Read my post again. Not sure how you make the leaps you do here.
Why do they have to buyback shares???? Why are you so focused on that?
Think about a share buyback from a company perspective, what do they gain? If you stop and think about that for a bit, you will understand why a share buyback right now, or frankly ever, is foolish.
If there are some great reasons for the company (for them, not us) to buyback shares I would love to hear them, I bet you cant think of one.
i would like to hear how exactly you got in at .0015 because of a chart and then held once you read the news.
Sounds a little iffy to me.
I really wish the whole buyback garbage would go away. They havent bought any shares, they arent going to buy any shares.
Paul Currie brought it up to do when the stock was in the trip zeros. He was strongly in favor of it up until before the board meeting. Then there was a runup. He said unless it gets back below .005 they wont even consider right now. Call him and ask him at what share price he would be in favor of it. Ask him what he thinks they should do instead. I bet you a twinkie he says try to increase market share.
There are just better ways to spend their cash. They are better off getting rid of old accrued payroll and any interest bearing debt.
The company has never once stated they were buying back shares. The CEO said he was, and Paul has maintained consistently that him and the CEO bought a ton of shares.
The stupid buyback talk was started by message board people who misunderstood that the CEO buying shares is not the same as the company buying shares. Then when they would talk to Paul, who was a huge proponent of it, they would come running back to the board posting about a buyback.
I have consistently said there was no buyback and I actually hope to god they never consider one. Right now it would be a stupid decision and would rattle my faith in this company.
I dont think they are stupid, so I dont think they will buyback any shares.
Even my son could figure out that if they spent every dollar of cash they had on stock right now that it would do diddly squat for the share value. It would barely make a dent.
Spending a million dollars to drastically increase their market share or eliminate the old payroll debt which is resulting in new shares being issued to the employees that are owed past salaries would make a much bigger difference.
Retiring 3 billion A/S would do more for us than buying back 100 million O/S.
so what your saying is that this company can multiply in value in the next 12 months by 10869 times its current value?
Obviously that isnt going to happen. They would be better off just waiting 12 months.
Also just like the other people that were issued preferred stock, they probably got the option to buy common stock at .001.
Not a bad deal. Wait for a PR spike and then purchase shares at .001 and dump them.
Heck even now they can buy these shares at .001 and then sell them for a 130% gain.
htx46a09 will try to paint people that post real information as paid bashers. His goal is to get you to ignore the real info being posted because he needs you to fall for his tricks so he can continue to flip the stock.
He knows darn well this company has just lied. He knows they have a gagged TA> he knows that the O/S wont be reduced because these shares werent retired. All they did was add more shares!! Shares that get first dibs at any assets.
Those are facts. He wants you to ignore them. If you know the facts and still want to buy because you expect good things in the future, go for it.
Just dont think for one second that this PR actually represented anything of value for you. It didnt. If it did the company would have released a filing showing the new share structure. They didnt. They would have ungagged the TA. They didnt.
But htx46a09 would have you ignore all of these facts because he swears that he has knowledge that I am being paid to spread this knowledge.
What a bunch of garbage. I dare you to point out an untrue statement I have made. Good luck.
All you can do is try to nullify my info with an emotional approach because the logical one wont work.
according to htx46a09 I post negative info day after day. Thats another typical lie. I dont post on ARTI anywhere near as often as I do on other boards. Do some checking. You will se the bulk of my posts came when I actually did in fact get some good insider info, but the pumpers on this board just wanted to slam me. look into it. Dont trust the pumpers.
even if you have done any research at all, you should never ever take a PR as fact.
always be weary.
i think she was mearly pointing out that they already told us they would be offering the preferred stock.
Now they can resell the common and create more cash to pay themselves.
This recent PR provides no benefit to any shareholders. All this did was issue more stock. Tricky, slimy, dirtbags on this board.
edited to add I mean on this board of directors.
nothing until you see a filing. More than likely this company just swapped out preferred stock for common and then will just resell the common.notice how the PR didnt say these shares would be retired.
keep in mind too if the company goes belly up these directors that hold preferred now have first dibs at assets and any remaining cash.
still ignoring this huh? thats ok, financier did too.
I would still like an explanation of how he thinks the float is 100 million when it was over 400 million in January.
I would also like to know how shares can be retired without affecting the A/S count.
"get the facts straight and then post back"-this was a funny comment.
Seriously? DO you even read or do you guys just go into defense mode?
this is the post I replied to.
"It is 600 million when you take away the 350+ million restricted shares.
in my opinion the tradeable float is still 100 million or less."
So to answer your question that is where I got the 100million from.
Hmmmmm.. do you want to do some DD and get back to me? As far as the 400 million public float. Well I took that from EXPH themselves. http://finance.yahoo.com/news/Expo-Holdings-Inc-Issues-iw-14193824.html?x=1
See that O/S count?
See the float count?
I will take my apology off the air.
and just so you can see it all in one place here was my message.
"would really like to know how the public float went from over 400 million in January to 100 million today when the outstanding shares increased by a big fat number(even if you subtract the switch from preferred to common).
I would then also like to see why almost 80% of the public float has now recently traded below the bid. Seems like pretty crazy activity, dont ya think?
I look forward to your answer."
I would say you maybe read through a bit too quick.
would really like to know how the public float went from over 400 million in January to 100 million today when the outstanding shares increased by a big fat number(even if you subtract the switch from preferred to common).
I would then also like to see why almost 80% of the public float has now recently traded below the bid. Seems like pretty crazy activity, dont ya think?
I look forward to your answer.
nice work guys. we just need to stay on the TA and make sure the AS stays at 1 billion.
their guess is as good as anybody's.
Nobody knows right now. This company proved they are not honest about the structure and the gagged TA shows you cant trust them.
But people will. Just make sure you know what you are getting into. Money can be made in this stock, just not by holding onto it for any great length of time.
No. they don't. The TA is gagged. Why do they gag the TA? hmmmmm....... let one of the pumpers try to give u an honest answer on that.
Buzzie I am going to give you some advice. Take it for what it is worth.
Pay close attention to what people say on here. There are tons of flippers that love to pretend that they are trenched in longs. When people say thanks for the free shares. Two possible things have happened. They sold their shares at a much higher price and are now thrilled to be able to get back in or they are just saying that to make people feel like this is a good time to buy.
There are plenty of posters who are very honest that they are flipping. Ogclip is usually pretty honest as are some others.
However there is plenty of good solid info to take from this board too.
A few things I always laugh about are all the "this dip is healthy" comments.
I assure you if I bought a stock at 1 dollar and it drops to .70, that is not healthy. It is only "healthy" to the person who rebuys it at .70. Now does that mean the stock wont make it back over a dollar? Of course not. If the company is healthy and doing well it will certainly go back over a dollar.
Did it go back over a dollar because it dropped back to .70? NO!!!! It went back over a dollar because the company was doing well.
It is your choice to sell and move on at any point. If you dont like the retrace and dont want to put any more money in right now to average down, by all means, sell and move on. If you want to just wait it out, go right ahead. If you want to start flipping it all over the place, again be my guest.
But please dont come in here and blame any group of people for what is going on. There will always be flippers, there will always be longs, there will always be uninformed retail suckers who get conned by every spot of news predictions.
The key is knowing what you have, making a decision, and living with that choice. You have lots of options. Hoping that everybody will just get on the same team and all hold our stock and then the price will climb is a pipe dream. So what if the ask stays at 10 dollars if the bid is only a nickel? How does that help anybody?
This stock will be worth what it is supposed to be worth someday. The market ALWAYS takes care of that eventually. Down pinging, up pinging, golden crosses, dojis, trend lines, sell on news, whatever other term you want to use. In the end it is all up to the stock and what people are willing to pay for it.
Please nobody take offense to this post, I like this board and I think by and large the info flow is very good. As long as we keep that up all groups should end up being happy.
(steps off soapbox)
remember when I posted in here that the O/S share count had in fact gone way up and that the A/S was at 1 billion? Maybe somebody will take the time to look for some of those posts and they can see how people responded to me then.
Called me a basher. I was 100% correct. These scamming pumpers dont like the truth. They know they need new bagholders to dump their garbage on each time there is a PR.
So they sit here and post all day long how they are holding and blah blah.
BS. It is all BS. This stock is a flipper's paradise. You can make a ton of money in here taking advantage of people who dont know the truth.
This PR was more BS. These directors arent just being nice and trading in shares that are worth .0025 right now for the value equivalent of a penny. Why would they take a fraction of what they are worth right now? Just because they are nice?
Come on. Wake up people. Big deal they got preferred shares. Did they PR say the common stock was retired? Nope!! The company is going to turn right around and sell these shares. These directors also probably got options for tons more shares too.
I am not saying you cant make money here. You certainly can. But the longs who buy in thinking this company has a bright future up around a penny are terribly misinformed.
The dilution will continue. Remember people, a gagged TA means they are diluting. It happens every time. They gag them for a reason.
movin nice here today. Good to see. Cant wait for the news and of course some sales!
just trying to keep it lighthearted around here. I am sure we have some upset investors lingering around.
no qualms here. I just see so many guys flip out everytime a stock dips. I understand it can be very frustrating for them.
Especially if the guy who bought at the high is sitiing there looking at what he thinks is garbage now.
there was a poster on here goofball was his name. He had bought at the peak back in July and was quite unhappy. Several of us gave him some good advice and he stuck around. He got all of his money back and then some.
I cant guarantee anybody that we will get above 1.2 cents in the near future, but I would certainly be willing to bet a decent sum of money that we will before the end of September.
and right on target we have the flip dip.
ask Dan888 or ezzy. They have official weeeeeeee jurisdiction here.
Next time I see a stock running like IFSL did I want to go post on that board a comment like this- "god I wish this thing would stop going up. I just want it to pullback so it is healthier."
I want to see the replies I get. The same people who jump overboard and cry scam would probably tear me a new one and call me a basher. I bet even some of the technical guys would call me that too.
Good to see some recovery today. As much as I hate when people panic, it is those same people that allow stocks to make huge runs. I like for as many of those people to keep us on their radar as possible so when the real PR hits we can fly.
can I ask how you know this SOROS?
I worked for a company that tried to get a product into Lowe's and we were never able to cut through the red tape, so I know the process is quite painful for screening product to be sold on shelves.
Are you aware if they use the same process for product they dont plan on reselling?
as long as that A/S stays the same we should be good.
Keep in mind the dilution hasnt fully hit us yet. They increased the O/S 110 million in two days. We only had 12 million in volume today so it hasnt fully hit. They will certainly dump them into a run but then we should be in great shape.
Lets just make sure we keep up a solid rotation of contacting the TA.
sell orders are only absorbed if there is still buying pressure. Take away buying pressure and it doesn't matter.
Thats what we have going on here. We have lost momentum. People are seeing it drop and want to get out. As soon as buying pressure returns it will go back up.
That pressure can only come in the form of news or pending news. We had our run based on pending news, so we wont get that again.
Now we need something solid.
bottom line is this news is disappointing to many. It doesnt really tell much of a story. News of a CC and more details will move this.
can I ask what email address you use? Paul always calls me back, but he never answers my emails. I think I might have the wrong address.
these are all very valid concerns. I definitely disagree with some of it, but I wouldnt say you have no reason to think this way. I will go through the list.
1. This is not always true. Even with IFSL. On July 17th it actually closed green after there was a lot of build up about pending news. This past friday we closed green also.
2. Well monday is labor day.
3. I totally agree. I hope this talk dies. I have posted so many times that it wasnt happening and that they never said it would. That stupid PR was the CEO.
4. They do not have very little revenue. They have enough to justify their current share price.
5. I disagree wholeheartedly. Too much in the works.
6. I dont think they PR very often. They announce when they sign new agreements. I have no problem with that. If they PR about thinking about them or intending to do them, I will worry.
7. This is a very good point to talk about. On the financial statements you can see some directors took huge deferrments in salary in exchange for stock and a promise to be paid back. They did this because the company couldnt afford to pay the bills. Their spike is clearly related to the economy. I have had several conversations with Paul about new ventures and ideas and expanding their market share. They seem intent on doing it.
Great to take profits on a great investment gain. Nice work. Just dont knock IFSL all the way off your radar. We will always welcome you back and the company will be pressing forward.
i added 400,000 shares at .0016. All the $ i have available.
totally agree. no reason to send signals with trades when you could just text or email.
he said it is being discussed between legal and the board right now to lay out exactly what you can and can't talk about.
I imagine any legal department gets in a tizzy when they realize that the company they represent will be holding a public forum that is being recorded.
Edited to add: Paul made it very clear that this wasnt a guarantee. So lets not put words in his mouth. He said it was very likely and he had casted his vote in favor of it. They just need all people in agreement on the terms of it.
oops. sorry.
such a classic copout by people who cant answer facts.
Fin posts things he claims as a fact.
I post a link to where he is clearly wrong.
Then somebody like you comes on here and tries to discredit factual posting.
It is such a ridiculous routine. Read the link. Financier is wrong again.
AMNE updated to current information and they are incorporated in nevada and they had a lawyer from New Jersey that isnt licensed in Nevada do their letter and met him in New Jersey.
No please tell me where I have lied or spread false info regarding becoming current on pinhsheets.com.
I will post the link again. http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23411
here is another one.
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23626
Both inc. in Nevada. Both used lawyers from their home states.
Like it or not, these are facts. Something lost on some people on this board.
i honestly dont really know what to think about this PR. It doesnt really tell me anything. I am trying to piece this together and I just cant come up with any theories.
The only thing I can tell you without any more specifics is that they did between 1.4 million(if they did nothing else other than accumulate cash) and 10.5 million in revenue(if they paid off all of their debt).
Not a very accurate picture, but its all I got.
I am hoping that there is a follow up PR next week.
for the yield sign to be removed EXPH just needs to submit current statements, a new disclosure, and an attorney letter.
AMNE just went through this process. I talked to them and I talked to Pinksheets.com when this process was going on. AMNE went from caveat emptor to current info in less than a week.
JD could have the yield sign down in two business days. No trip to vegas is needed.
The hold up on this one is probably money. I have to imagine EXPH is cash strapped with all of the building, hiring, and PR spending. Spending money on an attorney letter and a new company disclosure statement as well as finishing the financials would cost at least a couple thousand.
I called BS on this on yahoo so I might as well continue it here. Paul knows there are more than 3.5 billion O/S.
He would never say they are going to have 200 to 300 million in sales, next year. I dont like these people that post things that they say Paul said.
This person was clearly getting the O/S count from somewhere slightly dated. They asked paul some questions and then drew their own conclusions from it. This poster didnt discuss with Paul that the OS was 3.5 billion, I assure you of that.
Also people need to understand Paul is a good salesman. As I said yesterday you cant help but get fired up after talking to him. Just please dont misquote him and throw fake info out there. He also would not confirm that a buyback has been ongoing to somebody on the phone like that. He may have said "Three of the board members are the three biggest stockholders and we plan on adding shares to our own stash so we will likely vote for the company to do the same."
That doesnt mean much though. First of all the only way it truly helps us is if they retire them. Also how many shares can they even truly buy now??? I know that as of the board meeting they had NOT been buying shares.
Sorry, it wasnt happening. They would not have been buying shares on the open market and then also in the meantime issue shares from the treasury. it defies all logic. They issued some shares from the treasury as employee bonuses. They wouldnt do that and then buy shares back. That would be stupid.
Where they can make a huge difference is in reducing the A/S, eliminating debt, and expanding their base of operations. That would make a 200 million market cap look like childs play going forward so we could soar. Reducing the O/S by 200 million shares would do squat. Get everything in place for the future and then as much as everybody hates it, do a reverse split to get the stock to the required price and immediately uplist it as soon as you are allowed. That would cancel out the drop in PPS from the reverse split right away. But if we want to see nasdaq anytime soon it will be from that type of stuff, not buying back shares. Spend the cash to make more cash. Open a new office. Do TV ads. Hire more in house people so you dont have to pay such monstrous affiliate fees. Buy a server so you can run all your phone calls via the internet and cut down your crazy high phone bill. Who knows.
I will honestly say at this point buying shares is possibly a BAD decision. They seem capable of using resources to grow. I say roll with that.
Look at AIG. They R/S'd and then took a big dip but then shot up. IFSL would do the same thing. Give it some broader market appeal and we can all retire on this thing.
So please everybody, cut the BS. No more posting old things and saying they cut the OS in half, no more talk of foreign investors, no more inflated sales number talk. Let the stock rise on its own merits, which are great.
Please?
GLTA.