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I knew you would be back with this. LOL. yes, .0002 is far worse tha .00000000 isn't it????? LOL. Yes this is by far the worst news we could ever have ever received. LOL.
do you ever stop?LOL.
enjoy this last nickel I give you for a reply to your post. LOL. I realize you have to eat too. LOL. Enjoy the Crow. LOL.
QSGIQ is moving on, dude. LOL. Maybe you hould do the same. LOL.
All in my very humble and contrite opinion LOL
Draego
PS. you make me laugh. LOL. could you tell? LOL.
So how long do i have to wait for you to come out and say you were wrong about QSGIQ?
let me guess..you will come back here and tell us all how we are actualy worse off for them emerging from BK...somehow in the end we will actually have to owe them money....and we should believe you because youhave intimate knowledge of BK law, and probably reverse merger law, and probbly any other stinking law you can make up.....
Instead, why don't you take your roody-poo candy-a$$ back home, cuz i think you stood at the corner of smackdown ave and just had an old fashioned can of 'DD' whoopa$$ opened on you by HDOG.
Two things dude.
Know your role. yours is to lie under a rock until there is another stock your masters order you to take down.
And....
Can you smell what QSGI is cooking??????? We can...they is cooking some KRUSE-cake baby! And it is gonna be covered in GREEN Icing.
Yeeeee-aaaah...........
all in my very humble and contrite opinion only
Draego
oh and given who this is aimed at I suppose I should have added LOL every 3 or 4 words to indicate I was laughing as I wrote this, as my command of english as a written communicatory medium does not allow me to portray accurate feelings without the inclusion of narrative hints to allow the reader a glimpse into my frame of mind....... oh wait thats just you.
You are still here?
QSGI is so interesting you just can not stay away, can you?
here. I'm replying to you. I think you are wrong.
We find out in 72 hours give or take..
this reply should earn you 1 nickel from you masters.
I would be interested in hearing about your educational background that allows you to have amazing foresight into all matters financial....yet makes you a bitter message board addict.
Even the most ardent positive posters here acknowledge that there is risk here, yet you suggest we are all naive peons in need of guidance.
IMO, I think the commons will stay intact. If they do not I will admit I was wrong.
I would guess if they do stay intact, you will then twist your story to suggest you were still correct all along.
If you want to ba a contrarian, fine. nothing wrong with that. Just provide proof to back up your claims - you know, like the proof you demand from positive posters.
Man up or zip it.
Draego
Excellent Job.
Happy to see we went green today. Too busy to even look at a computer screen. I should not look until the end of the day more often.
Draego
I decided holding all my shares was boring with the price dropping so i added to them.
They were lonely.
Maybe i can get on the board of directors.
;)
Draego
PS anyone tell me how the h@ll I do emoticon thingies?
Brilliant!
But you forgot one part...
the following post is a dramatization of noobie mcsheeperson after their chosen stock falls 10%
Noobie Mc: WHYYYYYYYYYYYYY! Oh why did this happen to me! All I wanted was to make a million dollars overnight on my $100 investment! You people on this board lied to me! you all said this company was great! You are all just pumper and dumpers! I'm selling for a loss.
AAAAAAAAAAUUUUUUUUUUUUUGGGGGGGGGGGGHHHHHHHHHHHH!
Do not be alarmed. this was only a dramatization. In the event you find yourself acting like a Noobie McSheeperson, either shut off your level II for a minute or ask a friend or co-worker to slap you silly.
D@mmit people! read, research, use logic, extrapolate smartly, and risk only what you can honestly afford to lose...not 1/2 of, but all of...before investing.
Again, my opinion only. My dumb-@ss opinion as usual.
Happy to see some people on here tonight who don't have their panties in a knot.
Draego
I have a feeling that just 4 people on this board own 60%+ of the float on their own.
So unless every other Effing owner of this stock is selling, the mm's have to be shorting to cover buys.
Just my dumb-a$$ opinion
Draego
Ditto. But I've had worse drops. And they have come back up. Because the companies were legit.
It's not a loss until you sell. Solid companies make solid decisions resulting in solid shareholder value in the long term, but no one I have ever met can predict the wild short term fluctations of the market.
Assuming, of course, the company is legit....which I believe IFXY is....
Balls of steel time, ladies. Pull your damn panties up.
As always, just in my dumb-a$$ opinion
Draego
(spelled my own handle right this time...hard to type quick between clients this morning)
Makes me think a lot of people who joined the 'me too' FLD group are scared because the price did not go to 0.1 on opening and are likely now selling at best at break even or at a loss.
I could still dump mine now and make a smaller profit than before, but why? nothing has fundamentally changed. The company is on the right track. people need tostop staring at their damn level II screens every second of every day and hitting the panic sell button.
i'll be picking up cheapies for the next leg up i think.
just my dumb-a$$ opinion
Draeog
I am hopeful it is on time or early, only because they said it would be on time or early....and not may companies at this level file on time anymore, it seems.
If they file on time or early, it is just one more reason to trust they are moving the company in the right direction for longer term gains.
At least in my view....
Draego
Any bets on when the 10k comes out?
Monday after hours?
Tuesday pre-market, mid day, or after hours?
Wednesday pre-market, mid day, or after hours?
Or filed late?
My gut says today after hours. why I have no idea. But from some of the communication posted previously with the company they seem to be ready to unwrap this puppy like a kid with a birthday present.
As always, just in my own dumb-a$$ opinion.
draego
just to let you guys know how bad we have the MM's by the short and curly's.....
To whack the bid at the end i put in an order for 400K at 0.018. ask was 0.016 at the time.
I got roughly 50k at 0.016, 50k at 0.017, and 50k at 0.018 and then they scrambled to move the bid up and away from my order. The rest was unfilled.
Then they listed the bid at 0.016 even though i had an open order at 0.018 for 250K shares. They were trying to scare you into selling with the large spread...trying to make it look like no bid support. Do not fall for it. We have this thing locked up.
They have NOTHING to fill it with. They walk it down all day at low volume. one good size buy and boom we rocket up.
GLTA, all the above is only my dumb-a$$ opinion, no ne should trust my opinion on anything...but I know what I sees... :)
Draego
I smacked up still have open at 0.018 but they list it lower - mm's not playing games they are absolutely fraudulent.
Draego
another 156k for me didn't feel like chasing for the rest. 2.856M total
Draego
I tried to pick up 300K more when it was sitting at .0143...got 156K around there filled then boom up .004 just like that. love it.
your DD rocks. You are to be commended
Draego
add 200k for me for 2.7M total
draego
trader,
adjust draego to 2500000
adjust my total to 2.5M
Draego
The 'going concern' part does not bother me - it has been in almost every pink sheet or otc stock i've seen - i think it is a necessity until there is an actual revenue stream.
As far as other funding goes - I believe, and this is MY OPINION ONLY - that the line in the 10Q which indicates:
"We intend to pursue capital through public or private financing and other sources, such as our officers, directors and principal shareholders"
Suggests that Khoo is likely going to fund this personally through shareholder loans to the company - which he can pay back to himself at whatever interest rate he likes. It states after this line the terms may not be favorable to the company.
He states that financing may not be available so as not to lock himself into an obligation to personally finance the shell.
AGAIN, IMO ONLY AND MY OPINIONS IS JUST MY DUMMB-A$$ OPINION
Why else would he spend the money on the shell in the first place just months ago if he was just going to run it into the ground.
Again, my only concern is the dilutive nature of the note. Otherwise he seems to be lining things up nicely IMO only.
Draego
I am long on this stock but there is one thing about the company that does bother me - the current arrangement with epic worldwide in the form of a convertible debenture.
I don't think anyone has mentioned this yet.
From the 10Q:
On August 3, 2010, the Company executed a Wrap-Around Agreement with its chief executive officer and Epic Worldwide, Inc. (“EWI”). Pursuant to the agreement, the Company issued EWI a promissory note in the amount of $1,200,000 in exchange for EWI’s assumption of certain amounts due the Company’s chief executive officer. The promissory note bears interest at 15% commencing October 3, 2010, is due August 3, 2011, and is convertible at the option of EWI in whole or in part into shares of Company common stock at a price per share equal to a “50% discount of the average three deep bid on the day of conversion”. On August 3, 2010, August 13, 2010, August 19, 2010, and September 7, 2010, the Company issued 200,000,000 shares each day (800,000,000 shares total) of its common stock to EWI pursuant to EWI conversion notices reducing the promissory note balance by $40,000, $40,000, $60,000, and $50,000, respectively ($190,000 total).
Here is your indirect dilution. I have no idea the intricacies of this, but apparently epic worldwide gives our chief executive 1.2M, then they get to convert that 1.2M to shares at their leisure at a 50% discount to the bid and send them into market...or wait to get paid.
Rigth now this is the only thing that bugs me about this play. I hope they don't dilute us to death with this promissary note, but it could easily be used to keep the stock hammered down by diluting into - rather than shorting into - a run. I have no idea why anyone would want to do this...I would exercise some of them now and sit on them until we hit pennies....but I ain't epic worldwide :)
opinons?
Just in my dummb-a$$ opinion. take it for what it is worth.
Draego
As of EOD I am at 2.2M
Draego
I'm trying to accumulate but they hit me for about 10k and move up. slowly advancing and declining last couple of days but i'll keep up the bid support anywaty.
I have 1.5M give or take, add that to the tally.
D
Though My eyes are not as seasoned as some, that appeared to be a very weak attempt at a walkdown this morning. If we bounce as high off the day low as we did yesterday today could be a good one.
just me. sold 100k at 16 a while ago loading another 100k back up.
You Rock.
You just flat out rock.
please show me any junior EXPLORATION company with revenue.
please.
I would like to see that.
Have you even bothered to check the potential of the property they are sitting on?
Or do you just like to dig up old extremely outdated information just to be a contrarian?
All in my opinion, but for pet's sake do your homework before posting garbage.
I don't post much. I like to read and dig a bit and follow the messageboards for clues on what to look into next. And I have very little interest in posting just to get my personal post coutn up when I have nothing to contribute.
But I have to speak up here: I agree with smokestack 100%. HDOG has done a great job of compiling information for us on this stock play.
If he knew the date of the financials, emergence from bankruptcy, etc, before it was public knowledge it would be INSIDER INFORMATION, and if it leaked that he had insider info he could be totally scr@wed and the stock would likely be halted.
Asking him the date for emergence for bankruptcy and getting pssd when all he can do is reiterate the info posted and guide you to make your own conclusions...welll..that would be like asking him for the winning mega milions lotto numbers and getting mad when he couldn't give them to you.
D@mmit this guy has compiled everything you could want, AND then pointed most of us in the right direction for any other info we want....Personally I just want to thank him for his hard work!
And ieven if somehow, with all the clues and hints that the commons will be saved on emergence from BK...if they don't survive, I won't blame HDOG - no one pointed a gun at my head and forced me to put some money here - all the information points to the commons being saved but NONE of us - unless someone here is an insider - will know until it actually happens.
If you don't want to risk anything, I suggest placing your money in a wonderful GIC at a reputable bank and get your 0.15% interest per year and sleep comfortably at night.
Draego
all In my own dumb-a$$ opinion
I tried to buy 100000 with a limit order of 0.02 when we were at 0.018 and got 85200 at 0.018 then a small 5000 at 0.02......then the bid and ask moved up and left me with the 9/10 fill ...which i am happy with but would have liked a bit more.
GLTA
not a part of scg.
Draego
not a paid member but i dont care, i have 100K as well
King, lay off bigbux he was stating what rock said...not his opinion...you are laying into the wrong guy.....
Bravo!
One of the best posts of the weekend so far!
My hat is off to you, sir. I couldnèt agree more with your sentiments.
Lock, you've assembled a great team already ....and happily some saavy members as well - i already gave a shout out to moondog on the LBSRE board but he made me almost 15K today alone so he deserves another nod here and i'll resume my happy dance.
Can't wait until our lockdown begins to pick up steam.
Draego
Moondoggy, thanks for bringing this puppy to my attention.
grabbed another 200K this am at 0.012
i picked up 0.15 percent this morning :)