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just a squirrel trying to get a nut
deet49
just a squirrel trying to get a nut
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just a squirrel trying to get a nut
with a .50c + dividend
not unfathomable
plus there is still the question of the war chest of cash they have been building up?
this years guidance might be interesting
like all the BIDEN cash spend and how it relates to us
merger / acquisition / JV / buyout
24/7 sobriety type programs are growing drug courts ect ect
wonder where we come in at for new customers accounts for the year
and how Joe may have had to cancel his tropical vacation that he deserves due to covid??)
looks so paper thin
GOOOOOOOOOOOO Frazcisco
where's Cobra Kai when you need them
which by the way has been a very entertaining series on the netflixer
>>The Ubiquitous Rise of PatchTek ....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162895081
stay tuned next chapter is on the way in the chronicles of the life of a patch
no worries I was not gonna correct your math print the T shirt anyways LOL
literally best investment of a lifetime where else can you turn $9 into $34K
now that's Capitalism at work God Bless America
other than to say for the most part I totally agree! Not so sure about the back down to the 1750, recently I moved form that 1/2% of portfolio to closer to 1.5% in PM's as far as the millennials catching on if it's not an APP ( if your calling it SMART de-VICE then what's that say about ...) that's trending they may be way late to the festivities wondering what to do with all those digital tulips having never lifted their heads away from the zombie maker to see what's going on in the real world LOL
@ $16.3 it would be 7086X
my focus remains on the Stop sign stocks that can repeat PCHM returns like finding buried bag of diamonds in big ol' heap pile of crap garbage
the saying becomes true one mans trash is another mans treasure
hey cheddartart any sense on when we can expect our annual update ?
LMLYP thinks it's today or yesterday or the day before any thought?
Joe your Killing him ....
Go PCHM
COLLAPSE=We Get It all BACK ....
As Castro Reign Ends, Cuba Is Mired in a Debt Debacle Once Again
(Bloomberg) -- For a brief moment, Cuba appeared poised to return to international capital markets. It was late in the Obama era, months after the historic U.S.-Cuba rapprochement. And Raul Castro vowed to clear the debt the country had defaulted on decades earlier, a first step toward re-entering the world of global finance and securing the funding needed to revive a moribund economy.
Six years after it restored diplomatic relations with the U.S., Cuba’s efforts at making peace with creditors have been derailed, and the island is as isolated as ever. The market for its old commercial loans is all but dead, and when they do trade it’s for just 10 cents on the dollar. That’s down about 70% from when optimism peaked in 2016.
The dour mood took hold as foreign support dried up over the past few years when the economy of former patron Venezuela fell apart. The relationship with the U.S. went cold under President Donald Trump, and Joe Biden has signaled a reconciliation isn’t a priority amid efforts to staunch the pandemic and push through his infrastructure spending plan. A sharp drop in tourism sparked by Covid-19 robbed the nation of foreign currency, exacerbating the pain caused by a decline in exports, which have fallen by a third since 2014.
With hardly enough cash to pay for food imports now as Raul Castro gives up his last vestiges of power -- bringing an end to six decades of Castro family rule -- Cuba can’t make good on the debt repayment deals that had been hailed as a sign of its return to the international stage just a few years earlier.
“The combination of Cuba reducing the pace of reforms, the impact of the Venezuela situation and the U.S. sanctions is all being reflected in a balance of payment crisis,” said Pavel Vidal, a former Cuban central bank analyst who now teaches at the Pontificia Universidad Javeriana in Cali, Colombia. “That’s forced them to stop servicing foreign debt.”
It’s a letdown for investors who had been encouraged when Raul took over from his brother Fidel in 2011 and made progress at settling old debts from the government and state-owned companies, some of which dated to the 1970s. His government reached a deal with 14 members of the Paris Club of wealthy governments in 2015 under which $8.5 billion was forgiven, leaving $2.6 billion in arrears. Cuba was given 18 years to pay off the debt. Russia, its Cold War-era benefactor, had already forgiven 90% of its debt.
There was a pickup in trading of the old commercial loans, with prices as high as 36 cents on the dollar in 2016 as investors saw a chance to profit from the Caribbean island’s return to the world stage. The financial world got another encouraging sign in late 2017 when Raul Castro pledged Cuba’s “willingness to fulfill its commitments” to creditors.
London Club
A group of investment firms known as the London Club holding about $1.4 billion of defaulted private debt reached out, offering the government a settlement.
But by that time, the Trump administration was trying to squeeze Cuba and discourage any efforts at normalizing relations. Nothing came of the London Club’s overture. Investors eventually brought a claim to a London court, where the case is ongoing.
Cuba owed $17.8 billion in foreign debt as of 2017, according to the most recently published government statistics, though the total has almost surely risen since then. Even if it could start to service the debt, the country faces other obstacles, including U.S. sanctions and questions over how to compensate for land and businesses it expropriated during the revolution. U.S. politics may be another obstacle to friendlier relations with avowed communists, with the Biden administration looking to swat down suggestions it leans far left.
The Cuban Foreign Ministry didn’t respond to a request seeking comment. The Paris Club declined to comment.
U.S. policy under Biden will be governed by “support for democracy and human rights,” White House Press Secretary Jen Psaki said April 16. “A Cuba policy shift or additional steps is currently not among the president’s top foreign policy priorities.”
Covid Vaccine
So there’s no doubt the prospect of Cuba selling an overseas bond remains a long way away. Exports last year fell to their lowest level in 15 years, leaving the country with little hard currency to pay for imports of basic necessities. The economy shrank 11% last year, among the worst contractions in Latin America.
There’s some hope, though, that Cuba’s dire straits could provide the motivation for its new political leaders to bolster their efforts to clear up the defaulted debt issue and attract foreign capital. Miguel Diaz-Canel, who has been at the forefront of pushing for economic reforms after taking over as president from Raul Castro in 2018, was named the new leader of the all-powerful Communist Party on Monday, cementing his influence.
Diaz-Canel has a track record of overseeing reforms, having helmed the painful process of unifying a decades-old dual currency system, which he said would allow the country “to go ahead with the transformations that we need to update our economic and social model.”
And there’s a chance that Cuba could see economic benefits from developing a Covid-19 vaccine. Health agencies are conducting Phase III trials with two candidates, with plans to inoculate nearly 2 million adults by the end of May. If the vaccines are successful, the island could reopen to tourism and potentially export the shots.
“The situation right now could be the tipping point that will lead to more reforms,” said Vidal, the former Cuban central bank analyst. “They have to put their finances in order so they can attract international investment, because that’s what’s needed.”
For now, though, the landscape for investors remains bleak. Cuba missed its agreed-upon payments to the members of the Paris Club in 2019. Last year, as Cuba’s economic slide worsened during the pandemic, the two sides agreed to suspend payments for the year.
There aren’t currently any negotiations between the parties, according to a person who has been involved in the talks and asked not to be identified citing private information.
“Both sides know that the Cubans can’t pay anything,” said John Kavulich, the president of the U.S.-Cuba Trade and Economic Council, a New York-based researcher focused on the countries’ relationship.
https://finance.yahoo.com/news/castro-reign-ends-cuba-mired-110000090.html
There was a pickup in trading of the old commercial loans, with prices as high as 36 cents on the dollar
might be little late in the day, historically speaking don't they post it around 10-11am EST right after Joe gets his DENNY's Grand Slam
look like a Fishing expedition I don't think the sugary one(hank Arron?) has left no sellers of significance will need to go to next tier higher might not find much there either IMO! #DecimalsMatter the float is locked in by diamonds what is it that the kids say these days #HODL Only 301K held at DTC
When the Levy Breaks ....
have you seen this the next gen stuff even Gatorade is attempting to up it's game https://mashable.com/article/gatorade-gx-sweat-patch-review/
as the only FDA approved device on the market as a company they should be gunning to expand it's uses and be there first, the home diagnostics market is untapped with the advent of telehealth HUGE! Then there's the tech, everything in this world is moving towards real-time the sooner they start to address this the sooner they can get on the wave instead of getting rolled over IMO
thank you for that after listening to the whole thing I still don't feel they can explain the currency portion(what am I still not getting) of the chain tech they themselves sound excited but of course they are salesmen(not completely convincing the fiat portion) but the theme across the board and the part I can agree with is the usefulness of the Technology itself for a wide range of purposes why I was attracted to WKEY in the first instance(BTW still am long)
aside from that I cannot fathom a time when centralized bankers would cede Fiat and if there was shift to crypto I can't believe in any instance where they wouldn't fist outlaw all others and create their own
the part about how a company could decentralize into tokens it just really no different than buying shares still subject to management activity and how they reward users of products sounds a lot like air miles with a new name
now if there was a decentralized version of a gold/silver backed coin in lieu of COMEX that would be the Coup De Gras IMO
Slim I never want someone to agree with me for sake of agreeing I like to understand if my thinking is flawed so I can correct(learnable) also for sure I'm no expert of all things so FWIW
EC/EU May Today Find End Of “Comity” By United States Courts
h ttps://www.cubatrade.org/blog/2021/4/3/jxd9lr17fjzbt3a2k5n4ywefrkkfya
EU, UK, And Canada Companies-Reference Libertad Act Impact-In-Annual-Reports;
defendants in Libertad Act Title III lawsuits include:
Copenhagen, Denmark-based A.P. Moller-Maersk A/S (2019 revenue approximately US$39 billion); AMKBY
Paris, France-based BNP Paribas (2019 revenue approximately US$49 billion); BNPQY
Amsterdam, Netherland-based Booking.com B.V. (2019 revenue approximately US$15 billion); BKNG
Palma, Spain-based Iberostar Hoteles y Apartamentos S.L. (2019 revenue approximately US$2.6 billion);
Palma, Spain-based Melia Hotels International S.A. (2019 revenue approximately US$2 billion); SMIZF
Paris, France-based Pernod Ricard S.A. (2019 revenue approximately US$10.5 billion); PDRDY
Paris, France-based Société Générale S.A. (2019 revenue approximately US$27.4 billion); SCGLY
Dusseldorf, Germany-based Trivago GmbH (2019 revenue approximately US$940 million). TRVG
Bristol, United Kingdom-based Imperial Brands plc (2020 revenue approximately US$45 billion), is a defendant in a Libertad Act Title III lawsuit. The United Kingdom was a member of the EU. IMBBY
St. Gallen, Switzerland-based LafargeHolcim Ltd. (2020 revenue approximately US$27 billion), while not located within the EU, is a defendant in Libertad Act Title III lawsuit. HCMLY
Toronto, Canada-based Sherritt International Corporation (2020 revenues approximately US$497 million) is subject to Title IV sanctions, but is not a Title III defendant. SHERF
https://investorshub.advfn.com/boards/replies.aspx?msg=162664753
Additional lawsuits are expected to be filed.
FRAZ AMZN BUD AAL CCL
sometimes I think the crypto thing is a creation of reserve bankers to distract and consume boil over in PM's just a thought I've been pondering cannot for the life of me wrap my head around crypto as a currency not in it's unbacked current form
Enjoy the day see you later
