Still going strong
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Yes, sad but true, as these king gong longs with 1.343 billion shares were mesmerized and couldn't get enough shares...I had 53,000,000 myself before becoming scared shirtless and returning to some sort of sanity. Snake charming Brad almost poisoned me to death, but the longs don't believe my confession of an addict.
What? That post was from a year ago. Nothing panned out! I used it to question what happen to the king gong longs that held 1.343 billion shares, especially the missing king gongs that each held more than 100,000,000. The recent report shows no person with that number of owned shares!
These king gong longs must have all dumped their position. Latest WRFX reprt shows 1 guy with a few more common shares than second place Brad with slightly more than 50 million.
Did somebody hide or lie? Where are the 7 folks with more than 100,000,000 shares each? Shown on your post?
Brad is not gone and still owns 100% of the controlling "A" shares. Plus, the creative accounting shown is a disaster no matter all the lipstick they use...for example, they show as an "asset" nearly a $.33 million loan to Brad.
Further, what happen to all the super duper longs with individuals previously posting a billion plus shares? They are not listed as top shareholders. Brad is shown as 2nd highest common shareholder with a little over 50 million shares. This is less than my 53,000,000 I have dumped last year.
This report comes no way close to showing the total mess made here and proves this is a poor gamble not an investment. Meanwhile they take in more fish and "good" money after bad from helpless longs.
I've been playing penny stocks for decades and that chart is bogus to think the future could see it happen again. The reason is they fooled us once and everyone knows they aren't going anywhere with 5.85 billion shares dragging them underwater with no real product only hype.
Just pointing out the lunacy that $1,000,000 in profits will make this worth half of current price, if anyone actually believes they will soon make a million. Proving even $.0002 is over priced considering the mountain of 5.85 billion O/S shares to climb.
Somebody needs to update O/S shares to 5.85 billion already! We need to know for example if WRFX shows $1,000,000 in profits it works out to $0.0001724 per share and will send WRFX to the moon! If it trades at 10 times then it would be worth about half of current price. LOL
After seeing Mick sign as "Interim CEO" went back and reread their big news announcement about all the changes to resurrect the company. I NOTICED the tricky wording that the new guys were just given "stewardship" of the company not "ownership" so what really changes? Still must point out Brad's empty promise of expected 20 million subscribers to Saphr using Parano as base to blast off WRFX last year in just three years. Yet, now they seem to be switching to something else? If the new team is given stewardship who is really in control...
I got out with limited damages but kick my self for not selling half or25,000,000 at .0028. Brad and company were saying Saphr would have 20 million subscribers back on 5/10/18 within in 36 months. Needless to say WRFX fell flat on its face.
YEP it is obvious "INTERIM" means control is still in other hands. Sunk Costs are so deep for some folks they see no way out of this mess. I'm not that smart but so relieved I dumped my 53,000,000 shares.
Confirms Davis is only the interim CEO.
How can dollars be given away to the detriment of common shareholders in order to siphon profits to outsiders? Stinks!
Sounds like "any possible revenue" is all possible revenue and how would such arrangement effect common shareholders of WRFX? The longer you follow this messs the trickier it gets and the deeper shareholders pockets get picked. Somebody tell us how this helps the common shareholder?
Once the major shareholders reach sunk costs, beyond recovery, panic sets in to throw good money after bad...even 2nd mortgage the house, out of desperation to try and recover a sinking ship.
Why must a private phone call be made for required public information? Is this a trick? Let Mick come here and respond as who would trust me to pass the answers? We got enough rumours as it stands.
Hell no I haven't contacted Mick. Is it necessary for every individual to get info from a CEO that should be public knowledge, especially as it concerns shareholders or potential future shareholders?
Is this now become a private company for insiders only?
Hey linkvest then I'll ask you about who owns the purse to these "significant" number of preferred shares that will be awarded to Mick for meeting undisclosed incentives? Does Mick award shares to himself that he already controls?
Why are the incentives kept a secret?
Again, who holds the purse string that can award these significant number of preferred shares for meeting undisclosed incentives? You either have control or you don't....it just smells.
My bad...thought they were halted pending updated filings.
People must be stupid if they don't see through this fluff PR. If he has control, who awards "significant" preferred shares if and when Mick meet some undisclosed "incentives"? This is my third attempt to get an answer!
Of course this is all mute until and if the get relisted.
It makes no sense that he has "control of votes" but doesn't actually own those shares until later if ever. Need some explaining here big time.
So why would Brad give up the ship just when ready to leave port with huge changes an loaded with gold?
Yes, how can you control something if you don't own it until you meet specific standards?
This WRFX so-called team wizards have gotten me sick trying to figure if they have ever developed any sort of proprietary software program that anyone needs or will buy in anyways near to lift 6 billion shares to the moon. If you are unfortunate to own 6,000,000 shares doubt you could get $1,800.00 If forced to dump them in the market. This is called an opportunity investment?
The reason Brad is brought up over and over is not because of any musical chairs being manipulated but the cloud over who owns the 4 A shares and proof positive sticky hands are totally gone.
In order to have a major run...like at least 1.2 billion shares traded or 10% there must be a contract and a product sales. SHOW me the beef. So far no meat of any kind to cause a run up just some musical chairs.
If Brad has the 4 total voting shares what prevents him from adding 10 billion more shares? As long as folks keep buying at even .0002 or .0001 why stop? It appears he cant dump at .0004 any longer.
Good luck getting an answer as I've been trying to find out for a year. Got to wonder who has 70,000,000 shares to sell at .0003? Seems like every time a spike in sales rises it is suddenly 25%, 33% or whatever they can get and always lower.
So a new CEO is of no real change since Brad still controls the strings.
Again, who owns the 4 voting shares that controls 100% of the company. Anybody can be CEO and still not own the company.
I don't believe Brad is out of control of WRFX 4 voting control shares AND belong to anyone else. SHOW US THE FACTS!
Yes, I agree, of course the overall market especially comes into play and a downturn can make a person think if. What they did was right. But for me EXMGF stand alone and is mildly effective. There, we agree.
Well people are nervous and some must be under water at $1.30 and secon-quessing their insticts. My advice is to stay calm or buy more at what looks to me at bargain prices. Some will thing I'm pumping but it is obvious some breakout will certainly happen at a minimum before the year ends. Plus don't care what people think I've made my decision on my own DD.
This devastating news but confirms my suspicions of pure hype and will be another reason I will not get back shares after escaping with a loss left with some recoup or dollars for other stock...it is a still a nightmare I was once "all in" with 100% and 53,000,000 shares of WRFX. Your post is very accusatory and maybe target for revenge...good luck to you and hope all goes well. BCNU Instructmba
Exactly...and why we now wait in eager anticipation that this effort of mining will actually produce what we all hope for: tons of copper!
It is hard for me to rely on any chart to predict any anticipated prices for this stock. All pricing in past was pure speculation betting on final approval by the EPA, which peaked last year. I think we are stagnant due to waiting now on the reason we all look forward: Actual production and start of Revenues. The Chart will be blown away when copper is produced and sold. Patience will prove to be a virtue when this happens!
It was intended to be a pearl of wisdom and nothing less. Lol
Penny stocks are speculative by their very nature...EXMGF is for the most part past the speculative and near production mode. All we need is to see some revenues.
I do not wish you ill but this ends in success but this musical chair game is not about revenues....show me the beef!
No I'm not interested in prices but in sustained business revenues. There will be plenty of time to buy in once business is up and running. Pumping is not a reason to buy only to sell.