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Spectacular Solar was a private, successful company who went "public." It is my understanding that one of the primary reasons for going public is to raise money (I definitely don't claim to be an expert). It appears that SPSO continues to function as a relatively successful private company who is not focused on raising additional funds via the market. I don't know if that is good or bad for the future of this ticker, but for now, it gives me a little reassurance that it won't see triple 0s anytime soon.
That's not what I gathered from my reading of the notice. I might have read it wrong (but I am not sure where I put it in order for me to read it again). If I remember correctly, they need to file with FINRA at least 10 days prior to the event (I just did a quick web search to confirm) and they need to provide one other type of notification....
I share your curiosity about why, or what's coming. I think I will hang on a little longer to find out.
Decisions, decisions.....interesting timing
I was abreast of the discussions here on the board, but I wasn't certain if there was an official release, or if it was just speculation. If I read it correctly, we will have at least a ten-day notice prior to any split becoming effective, if it takes place at all. I am more confident with this stock than any other I have invested in in penny-land.
Manti, after seeing your post I decided to open my letter from TDA, and it appears I received the same letter about the reverse split. However, has KAVL made an official press release on the topic of the reverse split or filed with FINRA?
I guess I might just have to call you : -). Just curious about the other stock and the latest information you have heard.
Manti, are you using your sbcglobal email address these days?
Does this mean that KAVL is no longer the exclusive distributor. This is from the KAVL introduction on iHub: “Welcome to the KAVL ~Kaival Brands Innovations Group, Inc~ message board. With exclusive, world wide distribution rights for the BIDI Stick,
KAVL is poised to possibly become one of the biggest OTC plays of the year! “
This is nice for BIDI, but an honest question- how will this benefit KAVL?
I’m definitely glad I hung on to this one. Thanks for your help.
I have never seen tax-loss selling increase the price. Hmmm
It’s a publicly traded company. If I had a few million shares under a penny, you bet I would be cashing in some.
And that type of connection is why I’m concerned. Even though we should bounce back, eventually, to some extent, this leaves me concerned.
And that type of connection is why I’m concerned. Even though we should bounce back, eventually, to some extent, this leaves me concerned.
That name sounds familiar...
I don’t have examples of this exact scenario, but my attitude comes from several years of seeing a good thing end up being smoke and mirrors. However, I remember the person, who bought the shell, that was then sold to what became KAVL, had a shady history. I don’t recall his name, but has me worried that there may be some connections. I am hopeful that this sell-off, if preplanned, will not be repeated. Too much of a coincidence that the shares hit the market when it reached the dreamland of $1
How many other certificate holders from previous years are waiting for the opportunity to sell off their shares? This is all too familiar. I just hope for one time this is actually works in favor of the good guys.
If you’re in this long term, it really doesn’t matter. If the demand is there, then orders will eventually fill, regardless. It is my understanding that most of the trading is controlled by computer algorithms anyway. Most of the trading down here is based off of emotion i.e. “being considerate of others.” Greed doesn’t care about someone’s feelings.
Make your own decisions. It is possible that some of the people giving you advice are the ones selling....trying to beat you to it.
Has your work email changed?
You still have more to go than I have total. This my last post of the day....
I'm heavy into LBSR. I sold WLGC for a 100% gain, and right now, I'm glad I did. I have a little bit in JBII, and glad to see it moving. Overall I'm still down, but it won't take too much of movement in LBSR to get me back to where I began five years ago
Maybe I'll start emailing you:)
I was looking at your posts and decided to comment (it just happened that you were on this board when I decided to comment). I stopped commented on Ihub awhile back because I realized how ignorant I am- and/or, by the time I finish typing someone else has aldready said the same thing. We plan on heading out that way when the oldest child goes to college ( I wish it could be sooner).
I can't interpret much, but this is what stood out to me. "This delay has caused the accumulation of additional fees in the approximate amount of $1,775,000. The company and Newby & Associates are in the final stages of raising said fees."
True or not, I don't know, but if what you say is true, it sounds like a great foundation for an awesome buyback; frankly, I wouldn't be surprised if there was another delay...IMO
FWIW- "Once the Lending Bank has confirmed the BANK TO BANK swift transfer from the Trust's Bank, funds will be received by Newby & Associates, Inc. for lending to QASP within 72 hours."
" haven't sold one share..." I appreciate most of what you post, but please use your words wisely.
In your words; 'Wow...no credibility? Really? So I sold half of my position. That doesn't mean I can't get back in for more profits. It also doesn't mean I still don't hold a significant amount of this "play" either.'
This is when you claimed to have sold to MANTI several months ago.
This is pinky land; good luck. At least it is a real company.
If Dean was selling, he would be pumping up the price. If he was buying...the price is right. You take your pick.
It is impossible for everyone to buy low and sell high in Penny Land, or anywhre else; it's supply and demand...everyone here should know that you can't use hind-sight and play the "what if?" game in this arena. Hold or flip? You choose, but I'm holding with Manti. I'm terrible at flipping.
O/S question- Does anyone know for certain if the o/s increase is reported after the shares have been sold into the market or before they are sold into the market?
Close...it was donated to the Foundation, not the Operations. However, I am certain that there are very tight connections (IMO).
WOW! NEWS FLASH! Stocks continue to go up and down in pennyland.
Mayber his chauffer got sick and he had to drive himself...
Yes. An increase in O/S does not mean an increase in the float (which we don't know).
I'm out of money,or I would; but still green
LOL- glad I could help, even if it was an accident- It took me awhile to role over everything. If you can't use that 6K before QASP goes to the moon, you'll still have it for another play. My last post----
I began in September, about 50% in- then mid December I went in about 99% and wish I could add more. I moved from another state, so I roled that retirement account into a TDA IRA, and I'm loving it.