Mess with the Booger and get slimed
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Dare I agree with you. What really has kept my blood boiling about this though is the conversation I had with Toms just days before it was revoked.
You feel better now?
Lol
You don't have any shares to sell. No one does
Same place those audited financials are. Probably the same place our shares are too
It's on the new website
Will it be released by pr news wire or posted on the new website?
You're not wrong. PR is suppose to be out next week, so we just have to wait and see what is really going on.
I did. I've been reading it off and on all day trying to get a good grasp on what it's really saying
A trillion shares at .0001 gives a worth of the company at $100,000,000. This is never trading. If the SEC approves something like this to trade, I'll never look at the markets again.
PM me your # or email pleaae
No response about a R/S though?
Response?
Haha! Did they give a conversion rate? I didn't know the 3 stooges owned this company.
No way! The SEC would ever approve this company to trade
Timeline for what?
People needs to start bugging Phil about this supposed other deal they signed an LOI with
missing out on "THE BIG ONE"????
Very good question! I'd like to know as well. Also, I'd like to know if the TA is gagged. I'm going to call them when they open today.
Spot on!
I don't invest in penny stocks. I trade them. We all have our different strategies. Mine works for me just fine
Always take profits! that is a smart trading strategy. If a trader doesn't take profits, then they shouldn't be trading. The old adage says, "what goes up, must come down." Let's hope, however, this doesn't come down for quite some time.
I've read them all. $10 mill in financing comes in the form of convertible shares. Those convertible shares are what kills penny stocks and robs traders of money in the form of heavy dilution.
LOL! Well, you mention something like that and traders see the power play going on with management and that all spells rocket ship in this market.
Thanks for your reply, but this ain't my first rodeo. I know how the markets work
Did you ask where they will get the funds to follow up with what they stated?
I'm just trying to relieve a few concerns I have about this. The momentum shows this has only begun to take off. However, my concerns are very legitimate concerns to have. Also, I have never found a penny company to actually do what they say. So, we'll see. Hope it blasts off from here cause I'm in deep in this one
Over $1,000,000 sold after hours at .0122
Company said they would begin share buyback on Oct. 1 till the price exceeds 300% of .0032. It closed today at .014 today. That's more than 300% of .0032 and its not even Oct. 1. Explain how the company will do that buyback with the SP already higher than their goal.
I bought into this stock Monday morning, but something has been bothering me that everyone seems to have overlooked. In the share buyback PR, a statement was made by the company that does not support today's activities.
This is the excerpt from the PR that bothers me. This was PR was released Sept. 20th and it's referring to Sept. 19th price at around .0032.
The plan, starting October 1, 2013, calls for the repurchase from the open market or in privately negotiated transactions. The repurchase of stock will continue until the value has increased by 300 percent as of closing yesterday.
I was just looking through this stock and looked at the yearly chart. I noticed it was trading at $.20 at the end of July of this year and fell off dramatically to sub penny levels quickly. Can anyone please explain to me what was going on during that period?
Thanks
Blocker told me in a text 6-9 months if we are lucky to even trade again. I fully expect to lose quite a bit of money from my original purchase into this BS company after they R/S it into oblivion. However, it will be a good stock to flip till the dilution machine kicks back in, so I'll be able to recoup my losses and make some money from my flips of the new stock.
I sent a text the other day asking Blocker if he would clarify a couple things for me. He responded today.
Here's what he said:
Yes, the LOI I mentioned is with a separate company 'as an acquisition'. Esko was a sale of the Group's assets. It would not be a reverse merger. At this point that is all the info I can give in addition to what was in the notice to shareholders.
I had asked him earlier if I would have value in my shares greater than .0005.
Here's what he had to say about that:
The 'expectation' is yet, but not for 6-9 months.
Before anyone starts dreaming they are going to make tons of cash with Cape. Blocker's answers to my questions pretty much squash those hopes. Could Cape trade in the pennies if trading again. Yes, but highly unlikely given the value of the 'new company.' It's fun to speculate sometimes, but then reality sets in and you have to realize you'll be lucky to get a return on your initial investment. The 'new company' will not have a great value. You can almost guarantee a RS of about 11:1, which trading at .0001 would give you a value of your original investment pennies on the dollar.
If anyone wants to refute Blocker's text to me, then send me your email address and I'll gladly send you his texts from my phone so you can irrefutable proof we are all screwed.
How about we bring something constructive to the board rather than try and ridicule someone that disagrees with you. Quite frankly, I haven't seen anyone in support of the company bring nothing more than fantasy to the board. If I want fantasy, then I'll go to Orlando and hang out with Mickey
Phil Blocker specifically told me in a text they were going to 'acquire' a company and had already signed a LOI
I highly suspect a R/S coming. I believe they will more than likely keep the AS the same, but decrease the OS.
Here's a couple reasons why I'm thinking this. They accepted a rather large amount of shares in this Esko deal as a bonus. That is a signal to me for two things. One, they intend on trading this stock again and two, they intend for a rather large R/S.
Also, the deal with Esko was for $3.8 million. $600k of it is tied up in escrow, so that brings it to $3.2. They have to maintain a minimum balance of $1.3 million for a period of 39 months. Ribotsky is paid $350k to get rid of him. Brad Leonard is given $150k for back pay and bonuses. That leaves a balance of $1.4 million to play with. If Cape is to 'acquire' another company, then that must mean this other company is worth, at most, $1.4 million.
Working with only the facts with what we know right now, the PPS, once trading, would be very low with the current SS. Yes, it could and probably would go up, at least for a while, but then the PPS would begin to out-value the company. Such trading is only temporary as the PPS generally will fall back to actual company value. The new company could grow, yes, but that is just speculation and I'm working with just the facts right now.
Here's another question that has been rattling around in my head. After Cape acquries this new company, how will it be setup? Will Cape continue to be a 'holding company', as was before, with the new company a subsidiary, or will the new company take over Cape? Meaning, would the current BOD's resign and the officers of the new company take full charge?
The plus of this is we finally get some hint of this actually trading again. The bad news is we may never even have a chance to, in the very least, get our original investment back out of this.
No login info to the transfer agent?
Without having to dig through old filings, does anyone remember how many shares Toms and Biermann had prior to the new bonus of shares they received recently?
Anyone receive their packet with user name and password to log into the transfer agent website?
What was the question? He won't get any shares?
Its not like I can put a by order based off of what he said, but its not like that right now. I can't buy or sell it. You aren't bringing anything to the table that really is refutable evidence.