Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Not a dime until I see financials at year's end. Just sayin.
lol nice try
I was in the office when I read the PR and I was having a hard time keeping myself from busting out laughing. A PR from Ken is a joke.
Must be news coming with a day like today.
Financials out. Nothing to get excited about.
And still no store.
Yep. Sure has.
Dollar for dollar, yes it does. Are you telling me that if you threw $100 at this stock, that if the pps was .05 or .0001 you'd be buying the same amount of stock? How old are you?
Your problem is you're equating more stock sold with more value transferred. It's only true when you're not trying to compare two different share structures, WHICH IS WHAT WE ARE DOING.
You're missing the point.
10,000,000,000 x .0001 = 1,000,000
12,500,000 x .08 = 1,000,000
Why is 12,500,000 better than 10,000,000,000? It doesn't matter as long as the same money flows in or out. The amount of stock moved is only relative to the PPS.
In fact, the only reason an R/S is bad, is because sends a negative signal to onvestors that management doesn't know how to raise the price otherwise. They can do R/S all day and if no one moved a share it wouldn't matter.
You can't be serious.
10,000,000,000 x .0001 = 1,000,000
12,000,000 x .05 = 600,000
When stock is cheaper, it'll move more, but the money is the same. Pretend you wan tto throw down $100 on this stock. The pps will determine how many shares that is, but it's still $100. This is basic math man. This is a joke. Think I'm done here.
Can you tell me why .05 cents is cheap? You can't look at these things objectively. 5 cents isn't automatically cheap because it's "just a few cents". It's relative to the company, and you know what? That market cap is too high for what has gone on here.
If this is cheap, then it doesn't matter that the OS was 10 billion, because it also sold for that many times cheaper. You float hunters dont get it.
Lol it may as well be 10 billion. It was adjusted due to reverse split. It's not like the share count gets adjusted and the price stays the same.
Investors checking out the site over and over is not a busy site. Hey why don't you check out the latest earnings statement. I bet you never even bothered. All you see is "Dude low float pump it till it gets a bunch of idiots to move this thing." You KNOW I'm right about that.
You call that professional? It's an automated system. Tell me what these things are able to predict monstrous dilution.
No, I feel bad for all of the new people showing up and seeing you going "OMG ask so thing smack it smack ti to the mooooon omg hurry hurry". It's comedic to most but you've probably got some poor schmuck investing an irresposible amount of money on what is absolutely an enormous risk, and he's doing it RIGHT NOW because he can't get past your 50 posts going "OMG LOOK @ L2 OMG 49 cents get in this is no brainer!!!!!111"
And we're arguing with a blind pumper that is trumpeting a company that loses shareholder value like there's no tomorrow. Hard for a lot of people to get behind somethign with such an awful record.
And it's going to go way lower too. Can you really praise this company or Ken for taking this stock from .004 to bidless to RS and then another 50% down? I mean, it's just going to keep going.
You understand that Ken is paying himself for all patent transactions between Kenergy and Glynntech, right? Basically that means stock is sold and put directly into his pocket.
Agreed but you're pumping a POS. Everyone should have a problem with that.
No point in arguing. This is the guy that claimed something was independent because it was published by Marketwire.
lol, the r/s lost us money sure, but we lost WAYYYYYYYYYYYY more before that. Like I told you, although you deleted it, everyone was done with this thing and THEN it R/s'd and we all came back to laugh about it to make all the other bad stuff feel better.
A year ago around .002, that's pre-rs price. It really doesn't matter. I don't care what I am down, it's not looking attractive to go up substantially at all from here. If you'd been around for a while you'd realize why when you showed up, you were the sole dude getting excited about some new hot thing. It's not new and it's not hot. The CEO has a bad record that we've dug up in the past. He's paying himself for the companies purchase of his own patents, by selling the stock that touts them.
Not to mention the dilution here has been absolutely monumental. Your touting a low float is looking like a joke when we have a record of how insane the dilution has been.
Lol remember it's probably because the whole thing isn't quite serious. He ddoesn't even have the site registered to him. It's registered to the dude that owns Stockgoodies. This whole thing is big waste of time.
lol ditto. so much wild speculation in the pr. sad thing is some new investor is ready to bite.
Apparently the owner of the Greensmatstore domain is Michael Johnson aka owner of Iwonitlive.com aka owner of penny stock pumping Stockgoodies. I'm sure Ken's admission that it's all over will be coming soon. Or, nothing at all. It just failed. Not like they'd PR that.
Quarterly is out. Don't think anyone noticed. I almost didn't.
Well how many shares do they have outstanding? Investors Hub is littered with retarded pps comments that seem to lack a basic understanding for how a pps comes to be. OMG look at Priceline's pps, they are bigger than Exxon!!!!
Yeah, I don't understand why they wouldn't try to hit the center first, if they know where it is. You can always find the "outer wall" afterwards WHILE YOU'RE MINING THE LOAD. Cash flow is critical.
Ok, because it seems to confuse some...
Ken is a shareholder like the rest of us. Him selling his shares is not dilution. That's him telling us the crap is not worth owning.
Dilution would be issuing new shares to underwriters in order to raise company financing. We're at 10 billion OS. The AS was raised to 20 billion. Hypothetically, he could get these issued in a day and our stock would instantly be worth half of what it is worth now. Pretty simple.
I said dilution.
Define very soon. They need a miracle to make that happen. Nothing wrong with QB anyway. Show us some gold.
He said the initial franchisees wouldn't pay a startup fee. I guess it's the only way he can get takers when the brand is not established = much more risk involved.
Diluting I think. Increasing the AS to 20 billion was a calculated move, as any increase is. Releasing PRs is the only way to get the volume he needs to dilute, especially when no bid is always looming around the corner here. Plus, Etrade shows an OS at 9.9 bill now. It continues to rise. Volume is way above average. This isnt the kind of news that creates sellers, unless a horde of people are disgusted with the website. People are buying on hype and he's diluting. So be it. That's not a surprise and if he can turn this into anything at all then in the long run it won't be so significant, although we all are certainly going to see that R/S in the future. Don't forget that. Just want to see a store in July and some better products with competitive pricing. In the store and on the website. I'm also curious about his marketing plans. The festival was a good start, it sounds like.
I need to look at the financials, but everyone needs to understand that the profit of $200,000 is explicitly stated as "accounting profit" which means that it may not necessarily be revenue, but that $200,000 of possibly unrealized net occured because of how they classified something or other. And you see it's followed up by mentioned adjustments. I was scratching my head at first wondering how Ken had managed to make a buck at all. So I really don't think he has. Still waiting.
A couple bits on the Ecocenter. It's a ways off. If this thing is a success, then being a large retail anchor would be very nice. Morristown isn't too podunk, fairly close to Jersey City.
http://morristownecocenter.com/wp-content/uploads/2011/04/EcoCenterPresentation041311r.htm
http://morristown.patch.com/articles/business-hopes-to-grow-morristown-ecocenter-from-the-ground-up
Yeah I'm not sure why anyone is questioning whether the company is selling shares. Let's not have to start up Stocks 101 in here.
You can participate in extended hours trading, but it is an explicitly separate process. A normal trading hour order cannot become an extended hour order. There are additional fees involved.
You can't just have an order sitting and suddenly it shows up form t after hours. Not possible. Seriously.
Yes those computers are something else, arent they.
Sorry, but if it was proven, this would be way higher by now. There's a reason large investors are cautious. Let's try taking a look at the dozens of other companies just like DGRI, in the same position, and much ado about nothing. Just sayin.