Not into one night stands-besides, I have two lamps :)
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I could not agree with you more man.
Wonderfully said!
Not impossible, but highly unlikely b/c I don't think the sp will go this low again.
Lets say the split ratio was 4000 (which I believe is the case) then if the price is $.00025 before the RS it would be $1 after the split.
$.00025 X 4000 = $1
Interesting.....
Last time I spoke to the folks at DL about the whole name change/rs etc they briefly mentioned the name of the law firm/attorney they are using.
I just looked at their site and see they work with some major players-BLUE CROSS is one of them.
Thank goodness they have an attorney who is competent in this area.
This just adds to my level of confidence regarding DL.
That is BS....
DL needs to get the price above $1 per share in order to attract larger investors and a RS is the way to go about that. No larger reputable company will invest in a sub penny stock.
I would think this would be easy to see when you look at the large number of stocks authorized.
RS do not always wipe out investors....
See the following article:
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
It will go down a bit after the RS b/c there will be some clueless folks that panic, but it will go back up.
RS Formulas:
new stock after RS=price * split ratio
# o shares owned after RS=# of current shares outstanding BEFORE RS divided by the split ratio
For example-RS at current price of $.0007 * 4000 would be $2.80 and if you owned 1,000,000 shares before the RS then you would have 250 shares worth $2.80 each after the RS.
Isn't it funny how the BL crew seem to disappear when IBRC is on the upswing?
Their actions are so predictable and annoying.
The moment it comes down they will be back so be preapred with that ignore button lol.
Just reached out to DL and got the following info:
"Per attorney its best for DL report fully with audited books.
He seems to feel this is the fastest way to to get this going asap.
DL knows everyone is anxious, so they pushed the attorney for an alternative and this is what he suggested."
As an investor, it makes me feel more confident knowing the books are audited.
You can reach out to DL as well via twitter @dreamlifetech
NICE!!
A lil more than 75% of the volume today were buys.
Yes some great buys happening!
Yes thank you! I've been trying to get an answer to the same question.
I appreciate the post; let's hope we get something that at least resembles an answer lol
Silly question-of course he is not acting as a broker. we both took the time to reach out to DL and are being kind enough to share information. Information you could get as well (anyone can) by reaching out to them.
Why are you trying to stir the pot and make trouble.
As I've said before REAL INVESTORS ONLY please. All others waste our time.
Hey STKS4LYFE thanks for your post.
No clue and I'm just a genuine investor seeking/sharing info on my investment.....Thought I would share what I discovered by reaching out to Dreamlife.
Everyone can do the same if they wish. Twitter is @dreamlifetech
I understand Dreamlife is offering discount restricted securities (per rule 144 https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html)
Hold for one year min for a 25% discount.
e-mail info@dreamlifetechnology.com if interested. I am looking into it myself.
Lots of great meetings this week. As we wait for our FINRA action to be completed, we are working on all the important details to prepare us
— Dreamlife Technology (@DreamlifeTech) July 20, 2017
Already 1.5 months old....but promising.
https://insiderfinancial.com/coin-citadel-com-npv-otcmktscctl-is-a-top-bitcoin-play/123612/
I was one of them....actually.
I have 75m shares at avg cost of $.0004
Live n learn.
Perhaps-but that's not the case anymore.
Once we get an update regarding the name/symbol change it will. But after the RS it will dip back down for a bit. But I'm fully convinced it will be a successful company in time.
Well Mike is not running the show any longer....the DL team is and they have some great plans. I believe this stock will do well now that they are in charge.
lol not the case. Got almost $100k into this company.
Patience.
Seriously lol.
Text him see if he replies.
(562) 453-7643
Lol exactly.
Right. I also have confidence b/c I met the folks at DL and know what their intentions and resources/connections are. I suspect once the new symbol (which I think will be DMLF) & name change goes thru with FINRA there will be a PR which will bring it up then after the RS it will come down. However, there are some things they are planning to introduce that will bring it back up. New investors who aren't willing to invest in a sub penny stock on the OTC that will once the price is above $2-$3 and it's on the larger exchange(s)
True. But then again IBRC was a shell that was purchased by a real company and now has some hope.
It was a shell for years so you never know.
Damn bro get evil and account it could be fun lol
This is not a flip stock it would have to be LT investment as it could take a while.
Why the 900% increase a couple days back??
I didn't think it could get any worse. Damn I guess the 2-3 dance looks pretty good compare to that. What the fuck Bill! Come on give us something!!
I agree. 1:4000 is probably what they are gonna do.
Not always the case.
Check out the info under the Reactions heading here:
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
"But how the market reacts often depends on what else the company is doing to reverse its fortunes. If it simply declares the reverse split and goes on with business as usual, investors may see the split as nothing more than a smoke screen, and the price may go right back to falling as they sell their shares. But if the split is accompanied by serious changes in management, structure or strategy, investors may give the company more time to right the ship"
I can't say it's dead but I know its not their focus. They have an incredible product to offer that nobody has. I met with the DL team twice here in LA and until folks meet them and see what they have and where they are going they are talking out of their a**. Ogburn has nothing to do with the current DL team.
I find it super funny how all these clowns make statements and have never even talked to or met with anyone at DL. Again-I've met them in person and am not worried at all-very very excited.
They were professional and very driven. They were careful not to offer me any info that is not already known to all....but just meeting them gave me confidence I was looking for as I have over 150m shares.
Check out James IMDB profile and you will see he is well connected in Hollywood. He has an extensive background in the industry and many connections.
After talking to them it was apparent that the RS is needed to reduce # of shares and get the price up. You don't pee like a puppy when you're running with the big dogs and they are getting the attention of some large companies who will not invest in them unless they are on the larger exchange and above $1
Stay the course-100 points of light lol. Block the clowns it helps lol.
I agree.
Same here-been on board since 2013.
I agree.
No, but I assume when they are finished going through the process with FINRA.
I am meeting them again this week so send me a PM if you have specific questions or you can hit them up on twitter at @dreamlifetech
That's how I originally contacted them and bc I live in LA I was able to meet them.
yes!
hope it's coming soon.
Got some volume!
I think they will be soon enough though
That was your opinion even after meeting the Dreamlife team? I'm surprised-I did not feel the same after meeting the team.
Yes he has never replied to me either.
We are investors funding him and he won't fricken respond? I have 75 m shares-this sucks the bitcoin man
And once again the 2-3 dance-this is getting boring come on Bill!! Website update PR something man!!!