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I never said they did. But I DID say that many Canadians wish they had more private sector options available as an adjunct to the current system.
And, in many Provinces, they are, and it has reduced waiting times for everyone (it gets those willing to pay for quicker service out of the line) AND increased the availability of specialists (like MRI or CT scans, as some Provinces have up to an 18 month wait for those).
Good for your family, but I certainly cannot say the same.
My point is this - each system has its benefits and drawbacks, and one may work better for one person, and the other for another person. So saying one is definitely better than the other in regards to all outcomes, and that the USA should change their system to be like Canada's (which would severely damage Canada's system, as they depend on fee-paying access to the US system to stay afloat) is not only ignorant, it doesn't have any basis of reality. By the same token, there are certainly many in Canada that wish they had more access to fee-paying alternatives to avoid not only the delays inherent in the Canadian system, but actual access to many specialists and procedures that are not widely available to them (some Provinces are better than others, of course, and as has been pointed out, many Canadians travel to the USA on their own to receive treatment).
Each nation has selected the system which they believe (and most likely does) work best for them overall. But that doesn't mean there isn't substantial room for improvement in both cases.
Ah, so you are bitching about the system because UNH stock price is over $400?
How stupid is that!
Let me put it this way. At least here in the USA you actually can have a major medical expense, which means you actually got to a hospital and received treatment That is not always the case in Canada. That is the difference.
And the cost of your insurance and the deductibles is instead of the massive taxes the Canadians pay for their system. People pay, one way or the other. There is no free ride, buddy.
"Grass is always greener", I guess.
You would be very wrong about that. In Canada, basic healthcare is free. And the citizens pretty much get what they pay for. The system is great...on paper. And it works fine until you actually get sick and need something. The only reason the system hasn't collapsed is because they depend on using US healthcare to provide a lot of even basic care (such as maternity or cardiac) and a huge amount of specialty care. US hospitals anywhere within 150 miles of the Canadian border are regularly full of Canadians sent there by there government because they don't have the space, or personnel, to care for them at home. That has led to a boom in private sector medicine in the Provinces that allow it, as that may the only way to get an MRI without waiting 18 months, for instance. But it still doesn't help you in an Emergency when all the ERs are closed due to volume and a patient rides around the city for hours and hours in the back of an ambulance chasing slots looking for some place that will accept them.
And, of course, Canada has no biotech or research sector. Some years ago the Canadian government slashed their government support of basic research to $0. Not a single penny. The US government had to step in to keep research going. Americans would be amazed, and probably more than a little angry, if they knew how much US tax dollars go to Canadian Universities for research.
Most Americans have a very warped and ignorant perception of the Canadian healthcare system.
You would be surprised how many people have a serious phobia about needles, especially when it comes to injecting themselves. Novo admits that issue significantly limits their market, which is why they are also working on a pill version to be released ASAP.
Pfizer's drug is entering Phase 3 trials, while pill forms of Ozempic and Wegovy for weight loss are currently in Phase 3. Both having a pill form and having the drug approved for weight loss, which would potentially make it covered by some insurance plans and open it up to more doctors who are currently reluctant to prescribe it for the off-label use of weight loss, would substantially increase the market.
Novo also makes the Rybelsus pill, but it hasn't proven to be nearly as effective in reducing weight as Ozempic and Wegovy, or Pfizer's Danuglipron, which in Phase 2 trials demonstrated effectiveness on par or better than injectable Ozempic and Wegovy.
They are likely to get some serious competition soon. Several drug makers, including Pfizer, are in late-stage trials of new drugs which will have the advantage of being in pill form instead of requiring self-injection by users which are required by Ozempic and Wegovy.
What is so damn funny is that Mexus doesn't even come CLOSE to meeting the initial listing requirements of the TSX Venture. Or any other "Canadian Exchange", even after the possible reverse split.
It is all just complete bull crap designed to fool the idiots who don't know any better and are far too lazy to do actual DD.
But it seemed to have worked, didn't it? I am sure those that bought stock on that lie provided PT and his family and cronies nice opportunities to dump their stock into that lying pump.
Peloton is dangerous, too. They had to recall hundreds of thousands of their treadmills due to at least one death and numerous injuries, and now they are recalling seat posts for over 2 million bikes due to breakage leading to injuries, some serious.
Nothing is without some risk.
Yeah, you just show your ignorance. AGAIN.
Here is a gift - there is no such thing as the "Canadian Exchange".
But what does one expect from a fake "Engineer".
Perhaps you should instead invest your money in a REAL company already listed on the "Canadian Exchange" instead of the fraud that is Mexus.
Tell us Rich, what is the "Canadian Exchange"? What do you know about this mythical "Canadian Exchange", and what does Mexus have to do to list on the "Canadian Exchange"? Show us your DD on the "Canadian Exchange".
It is extraordinarily expensive for people to pursue these individual sports. There are no teams to pick up the expenses, and there are no (or very limited - a new pro may get some free balls and a hat) equipment and marketing deals and no appearance fees. The individual has to pay for everything out of their own pocket, including travel and lodging expenses, entrance fees, and equipment costs. Plus any coaching and, for golf, the pay and related expenses for their caddy. The only money they receive is prize money, which is great on the big tours, but not so much on the smaller tours, which in a best case scenario may allow the top golfers on that circuit to break even while providing them the invitation to move up to the next larger tour (and its higher expenses). So, most new pros who are not independently wealthy (and very few are - contrary to popular belief, most pro golfers come from solidly middle class backgrounds) seek out backers to invest in them. They provide the seed money to allow them to pursue a pro career while the investors get a portion of their earnings.
Such loans in golfers and other athletes at an early stage in exchange for a percentage of future earnings is actually a common practice. And so are such lawsuits, but they rarely get much attention. Golf and, to a lesser extent, tennis both require huge amounts of capital for the athlete to compete. Unless the person has a wealthy family, they often have to borrow funds to get their career going and to sustain it. That is where these types of contracts come in.
What Finau is facing isn't common, but actually is not very rare, either.
That "investigation" is clearly a cover up, not proof of anything. Complete BS, as they blame everything on "third-party vendors" (which they fail to name) and provide proof of nothing at all.
I really hope the SEC gets to this soon.
Yes, I am appearing here at the Chuckle Hut through Friday. And don't forget to tip your servers.
One could always borrow a penny pumper's tinfoil hat.
I actually have more than 2 brain cells. I haven't bought any Mexus shares. Not now, not ever.
And all I bring is FACTS. Which I know the pumpers are afraid of, as it proves they are committing fraud.
Alpine won their stay, which is what they appealed to the DC Appeals Court for. So in that sense, they did win, but yes, it is a battle, and the war continues.
So yes, the process is not over as it does ultimately hinge on the constitutional question. But the point of my original post is correct - this case is why Alpine has not yet been booted from the business what, 5 years, after the original ruling.
I couldn't care less about you and the other morons who have already bought this stock and given their away their money to PT and his cronies.
But, I DO care about those that listen to those idiot pumpers and may give THEIR money away in the future. They deserve to hear the facts and not just endless, mindless pumping from uneducated idiots that have no actual knowledge or experience about mineral exploration and the penny stock market.
Unfortunately, Alpine WON that appeal in the DC Circuit. The expulsion has been stayed while the judges consider FINRA's enforcement authority.
I really don't believe the judges in this case have any clue of how bad an actor Alpine and Scottsdale really are. They have a problem with the expulsion from the industry, but if ever there was a case that it was deserved, this is IT.
https://clsbluesky.law.columbia.edu/2023/08/01/finra-faces-uphill-battle-in-case-challenging-its-enforcement-authority/
Clearly you don't. You feel the need to post multiple times a day, every day, to pump this worthless POS stock and ensnare others in its web of deceit and fraud.
Gee, maybe, just maybe, there are some people out there with ACTUAL knowledge about financial markets, geology, and mining and SEE Mexus for what it really is, and as a hobby they take their time to not only warn others, but give them a little education about it based on their actual knowledge and experience.
I know, this may be a difficult concept for the uneducated.
This is why Alpine and Scottsdale haven't been shut down yet.
They jumped on the currently popular claims that everything is not Constitutional and sued FINRA in Federal Court claiming they had no legal right to regulate them. And last month, they won. Well, that round, anyway.
https://dockets.justia.com/docket/district-of-columbia/dcdce/1:2023cv01506/255835
I find it curious that lawyers are always ready (for cash) to challenge non-governmental regulatory bodies EXCEPT their own. No one has yet, as far as I know, sued the Bar Association claiming their enforcement arm is not constitutional.
Yes, the SEC made that change some weeks ago. It is an improvement in most respects, but it doesn't provide a link to the comments section on that page. A person has to click on the rule portion on the far right to get to the first mention of public comments. I think that is a step backwards, as the SEC says they are trying to increase public engagement but it makes it more difficult to do that.
No question that Caucasian person has been photoshopped in. See the outline around him? And the different color and lighting on him vs. the rest of the photo.
The hard hats have also been photoshopped in.
Wow - that is amateur hour.
Oh yeah. It does look fake. Notice the halo above the Chinese man on the left. That is likely a reflection on a screen, so it screams green screen to me, too.
Ever hear of SEC filings? You should really look into them. They are not only very helpful in evaluating a company for investment, they also contain FACTS.
We DO know exactly how much money COWI has in the bank. Per the 10-Q filed just 2 days ago, COWI has $4,144 in cash, and $27,645,058 in current (past-due) liabilities. That makes them INSOLVENT. FACT.
Try reading some facts once in awhile.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1156784/000149315223029807/form10-q.htm
The only people "making money" on this stock are Lloyd Spencer and the toxic death spiral convertible holders, as they convert their shares at an average discount to the lowest stock price of over 50%. Guaranteed money in the bank...as long as you can find enough stupid and ignorant "investors" to buy those shares from them at full price.
Seriously? COWI is completely insolvent, yet you somehow think that this company with less than $5k in the bank and about $40 MILLION in liabilities, most of which are delinquent, will somehow solve the world's energy crisis? That is just plain stupid.
COWI is using the hydrogen angle to pump this stock so insiders and the toxic death spiral convertible holders can dump into the hype. Nothing more.
COWI is insolvent. Why lie about this when it is so obvious and PROVEN in COWI's own SEC filings?
Who are you trying to fool? No one is that stupid to believe that lie.
COWI is an insolvent pump and dump. Nothing more.
This is the FOURTH time Lloyd Spencer has pumped and dumped this ticker. Those that failed to learn the first 3 times have no excuse for getting taken this time.
Famed short seller Marc Cohodes rails against ‘sociopath’ critics and says he lost ‘a million dollars’ on AMC bet in wild interview
Marc Cohodes, having spent decades burnishing a reputation as a successful short seller, loves to crow about his prescient predictions and bets against companies that eventually imploded. And there have certainly been many.
But don’t you dare question him about his mistakes on the long side.
That is a lesson that Edwin Dorsey, founder of investing newsletter the Bear Cave, likely learned during a Tuesday interview with Cohodes on X, the social-media platform formerly known as Twitter.
Minutes into the live interview, Cohodes launched into a profanity-laden rant against Dorsey and other perceived critics, whom he denounced as “f—ing sociopaths” and accused of being “jealous of who I am and what I’ve done.” At times, his language turned threatening as he warned Dorsey that “you and I are going to settle this later.”
The tantrum was apparently triggered by Dorsey’s asking about Cohodes’s cheerleading for stocks that later cratered, including Nikola Corp. AMC Entertainment Holdings Inc. and AppHarvest Inc.
“First off, fact of the matter, I’ve never owned a share of Nikola. So, that is that. Second of all, with AppHarvest, Jeff Ubben is on the board, I respect Jeff Ubben. I bought the stock when they did the SPAC convert. It had a great story, stock flew, story changed, I told people I’m out, story changed, thesis creep is deadly, and I’m out, and that is that. Period.”
He then addressed critics of his AMC call, saying he warned people when he got out of the stock after losing “a million dollars.” He had tweeted in November 2021 that the company could be worth $200 a share.
“Was I wrong [about AMC]? Yeah. Did I lose a million dollars? Yeah. The mistakes I’ve made, and I’ve made plenty, whether it is This Can’t Be Yogurt, or Old Country Buffet, or having Goldman Sachs as my only prime broker. That kind of stuff — those are real mistakes. This other stuff is bullsh—. I lost a million dollars on AMC being long. I p— a million dollars. I’ve donated a million dollars during the last five years to charity, and then some, so I don’t need to listen to bullsh— from you or these psychopaths. Am I clear?”
To be sure, Cohodes has a record as a short seller that spans decades. He originally entered the hedge-fund business in the 1980s, working at Rocker Partners, which was later rechristened Copper River Management.
According to a profile published by Financial News, Cohodes and Copper River were poised to profit from short trades as the financial crisis was breaking out in 2008. However, their counterparty for some of these trades was Lehman Brothers, and its collapse left Cohodes’s fund unable to cash out. The troubles were exacerbated when Goldman Sachs hit the hedge fund with a margin call. Other problems bedeviled the fund, and Cohodes ultimately retreated to his farm, Alder Lane, in Northern California, where he raises chickens, according to Financial News.
He later cultivated a following on Twitter.
Over the past 18 months, his follower count has exploded. He now boasts more than 170,000, largely thanks to his early contention, in the spring of 2022, that FTX and its founder, Sam Bankman-Fried, were misleading customers and the general public. He later called on investors to short Silvergate Bank and Signature Bank, calling them “publicly traded crime scenes.”
When the sudden collapse of those crypto lenders left some retail traders at risk of losing money on a technicality, Cohodes called in lawyers and put pressure on brokerage firms to work with their customers to help them close out profitable positions.
From the archives (April 2023): ‘It says I owe $179,000’: Options traders hit with massive margin calls as winning bets against failing banks are left in limbo for weeks
Over the years, he’s made many successful short calls and bets, including against the German payments company Wirecard, Krispy Kreme Doughnuts and fraudulent Belgian software company Lernout & Hauspie, among others.
More recently, some of Cohodes’s long bets have faced criticism from some on social media, including investments in Overstock.com Inc. and battery maker Enovix Corp. Cohodes said during Tuesday’s interview that both were examples of his high-risk, high-return investing style, and that he his betting on both because of his faith in their management teams and belief in their underlying technologies.
Both stocks are up to date in 2023, according to FactSet data, with Overstock having gained 26.9% and Enovix 13.2%, although both have seen ups and downs of late.
“I do shorts and longs. And obviously people want to be critical of my longs, which I take great offense to,” Cohodes said. “I’ve put people in the ground on shorts and obviously the people in the business are jealous, and they can’t come up with anything good, so they criticize my longs.”
He went on to say: “There is a reason I have 19,000 people blocked on Twitter. I don’t need to be torn down by these lowlifes. I’m hard enough on myself.”
Over the course of the interview, Cohodes and Dorsey discussed other topics, including the difficulties facing contemporary short sellers, as well as Cohodes’s negative view on other cryptocurrency firms including Coinbase Global Inc. and Binance.
He also offered would-be short sellers a word of advice: Don’t bet against companies that are deeply entrenched, like Tesla Inc. or megabanks like JPMorgan Chase & Co. Why? Because people like Tesla’s Elon Musk and JPMorgan chief Jamie Dimon are “protected.”
“Elon is above the law. Jamie Dimon and JPMorgan are above the law. No matter what laws or rules they break, they pay their fine and move on. Goldman Sachs is above the law. [Citadel CEO] Ken Griffin is above the law.”
Neither Cohodes nor Dorsey responded to MarketWatch’s requests for comment.
Yeah, the truth hurts, doesn't it? So just ignore the one person who actually provides facts and all will be OK!
Except that all your money will be gone, of course. But I guess the warm fuzzies are more important than actually protecting and keeping your money.
So, the constant pumping without any facts (and outright lies) is perfectly fine, but the ONE person who actually provides facts on this discussion board is a POS?
Look in the mirror and ask yourself the tough questions about life.
Ah, the enduring fraud that is a penny stock MOU.
I think we are all used to seeing outrageous claims made about these MOUs which aren't worth the paper they are printed on (assuming they are even real in the first place), but $33 billion is really shooting for the moon. At some point the number becomes so large that even the ignorant and stupid will refuse to believe it.
I think that is what we have here.
EXCLUSIVE: Long Jim Cramer ETF Shutting Down — 'Jim's Stock Picks Have Been Suspect To Say The Least'
Television personality Jim Cramer has gained immense traction in the financial world over the years, largely due to his stock analysis and presence on CNBC.
In March 2023, two ETFs were introduced to allow investors to align their strategies with Cramer's insights. However, one of these ETFs is now closing its doors.
What Happened: First announced in October 2022, Tuttle Capital launched two Cramer-themed ETFs, one offering investors a way to profit from his stock recommendations, and the other to bet against his stock picks.
On Monday, it was announced that the Long Cramer Tracker ETF (BATS: LJIM) will be shutting down, with the last day of trading set for Sept. 11, 2023.
The fund will be liquidated, with assets expected to be distributed back to shareholders on Sept. 21, 2023.
The other ETF, named the Inverse Cramer Tracker ETF (BATS: SJIM), will remain open to investors.
“So we all know Jim’s stock picks have been suspect, to say the least,” Tuttle Capital Management CEO and Chief Investment Officer Matthew Tuttle told Benzinga. “We only wanted to do SJIM but decided to do LJIM to be nice and perhaps engage in a rational dialogue about his picks.”
Tuttle said Cramer and CNBC have been “unwilling to engage in dialogue” and have ignored the funds. This led to the decision that there was no reason to keep the long side going.
“Going forward we will just focus on the short side.”
Tuttle told Benzinga that he’s surprised in some ways that Cramer has been ignoring the ETFs.
“After NVDA earnings, LJIM popped, so figured maybe he’d take a victory lap.”
Cramer has been a fan of NVIDIA Corporation (NASDAQ: NVDA), going as far as naming one of his pets after the semiconductor company. The CNBC host has recommended the stock several times in 2023 and had much praise about the company’s quarterly financial results in May.
“As always, I welcome people betting against me. I have done this for 42 years,” Cramer tweeted at the time. “Those who know that you would have been betting against Apple at 5, Google since inception, Meta at $18, Amazon at $10, Nvidia at $25 and AMD at $5. I welcome all comers.”
Cramer said his stock recommendations have a solid track record, adding, “I want you to bet against me.”
While he’s been relatively quiet since the launch, investors will be waiting to see if Cramer comments on the closing of the LJIM ETF.
Tuttle previously told Benzinga that the Cramer ETFs were “years in the making.”
“Been creating since the 80s and noticed the consensus seems to be wrong a lot, but how do you monetize that.”
Tuttle said Cramer represents the consensus, since he swings at every pitch.
“That’s not a criticism, he has to.”
Tuttle told Benzinga that the consensus tends to be wrong.
Selections for the Inverse Cramer ETF are made from recommendations made by Cramer on his “Mad Money” television show, his appearances on CNBC, and his tweets.
“We’ve got to watch him. We’ve got to see what he says.”
When it comes to what’s next for Cramer, Tuttle said the CNBC host will likely continue to ignore the Inverse Cramer ETF.
“He’s probably better off ignoring and CNBC certainly glosses over his picks, even though once in a while David Faber gets in a dig,” Tuttle said.
In response to whether LJIM's exit would aid the Inverse Cramer ETF, Tuttle confirmed it would.
“Going to help SJIM as I’ve been running them as mirror images since NVDA earnings, now a lot freer.”
Tuttle, who was also behind creating the Inverse Cathie Wood ETF, now known as the AXS Short Innovation Daily ETF (NASDAQ: SARK), has more planned for the future.
“Have something big coming. Hope to file this week.”
LJIM, SJIM Price Action: The Long Cramer Tracker ETF trades at $25.79 on Tuesday, versus a 52-week range of $23.48 to $29.65.
The Inverse Cramer ETF trades at $23.93 on Tuesday, versus a 52-week range of $20.84 to $26.26.
And how does this relate to COWI? COWI is BROKE and INSOLVENT. They can't even afford a cup of coffee, much less funding any kind of research that would result in a scientific breakthrough that would revolutionize the world's energy supply! They own NO patents, and does NO real research of any kind. So how would this work - GOD will somehow drop the answers on Lloyd Spencer's doorstep? (But probably not at their office, as that is a private mailbox in a sketchy strip mall - how Lloyd fits a desk in that 2 X 2 inch mailbox I will never know).
COWI is nothing but a scam and pump and dump. They are using the illusion of being involved in carbon and hydrogen to scam investors. Period.
Uh oh. Lloyd Spencer lying again about how many shares are outstanding?
Lloyd seems to have trouble telling fact from fiction. The newly filed LATE 10-Q seems to have more mistakes in it again.
Let's start with the number of shares outstanding. The 10-Q claims that COWI has 20,756,286,962 common shares issued and outstanding as of 8/21/2023. But over at OTCMarkets, the "Transfer Agent Verified" number is different. They have it as 20,994,083,966 shares as of 8/21/2023. And no, it doesn't mean COWI retired any shares between 8/18 and 8/21. First of all, they are broke and insolvent, so they have no money to do so, but even if they did, it would be illegal. Second, such a change would be legally required to be included in the 10-Q's Subsequent Events section, but there isn't one.
Instead, it is clear that Lloyd Spencer just doesn't care about securities laws and accuracy in his filings.
Among other things...
Anyone shorting a tightly held, low float stock is just asking for getting squeezed.
Just because a stock is massively overvalued doesn't make it a good short.
Why would people buy COWI if all the "good stuff" is being moved to the spin-off company?
Buying COWI now will not result in the buyer receiving any shares of the spin-off. The record date for the spin-off shares was June 23rd. A person would have needed to own COWI as of June 23rd to receive the new shares (assuming the spin-off will even happen. Spin-offs are EXPENSIVE, and COWI is broke and insolvent. How are they going to pay for it? More toxic debt?). Buying COWI now leaves the buyer with what? An insolvent pump and dump?
None of that is true. COWI is broke and insolvent. They are not "paying down" anything. Their debt level is RISING. FAST. Interest on existing debt alone is $110K a MONTH. They can't issue enough common shares to even meet their interest payments, much less pay off or extinguish their existing debt. So, the amount they owe keeps going up, up, UP.
COWI is a very obvious pump and dump. Nothing more.
About time for what? A total collapse in the stock price?
If someone wants the spin-off company, there is absolutely no reason to buy, or even own, COWI shares from this point forward. The record date was June 23, so any COWI shares acquired after that day won't receive the Carbon Conversion shares. All that COWI will really have after the spin-off (assuming the spin-off actually occurs - spin-offs are EXPENSIVE, and COWI is not only flat-broke, they are also completely insolvent) is toxic debt. Massive amounts of toxic debt. A person could sell 100% of their COWI shares right now and still receive their Carbon Conversion shares.
And COWI hasn't explained how much of that toxic debt will go to Carbon Conversion, as that transfer may sink Carbon Conversion from the get go.
FINRA Names Bill St. Louis as New Head of Enforcement
https://www.finra.org/media-center/newsreleases/2023/finra-names-bill-st-louis-new-head-enforcement