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Maybe after the 2nd RS after they dilute it oblivion again
They kept the AS at 10B, dilution will not be over, probably dilute to 7B again and then do 10000 RS
Yeah, he wont stop now that the bod is letting him steal from the sheep.
They couldnt get enough votes to do it at the time until he got his preferred shares and then got his massive voting rights which should be illegal as hell. He was just stating they couldnt do a RS as of that day, nothing more. Now they cheated with the voting rights imo and he is doing whatever he wants.
1/10000 is in his 9/24 8k they filed.
But will they rs and dilute like crazy again so that 10 billion turns into 50 billion or some other big assed #.
More likely the start of about initial 2 billion shares of dilution.
What meeting yesterday?
Your right, they can do it Sept 18th 2018 and the low life probably will. Hopefully dilution comes 1st but i doubt it with this skunk.
By sept 30th 2018 is more likely
Bigger issue is he dilutes huge after split like in the past.
Sure when he screws us bag holders and does a big enough RS, will be a penny before he screws us again with 10 billion more shares flooding the market. I am a massive bagholder here and will be writing off 70k so yay for me.
Jolly was way too easy on him, guessing he owns zero shares now since he didnt disclose numbers like previously and doesnt really care anymore. He didnt even mention/ask about the possible AS increase and RS forms that were filed before Q2 was filed.
No it wouldnt hurt him at all, he would just give him self new shares like he did this time. Just like his 12000 pershare vote for his preferred 250k shares.
Just scared of a RS and another round of massive dilution
200k at 001 premarket, better get bids in now i suspect. Imo
I dont know, holding pretty damn good today, vote is not for awhile yet, might not need to do it anytime soon either if revenues take off.
Thanks for the discussion. All they stated in that release was no intention to perform an "immediate" rs, nothing about how long they had to wait until they voted for one again.
Did they ever say no rs until 2019 or just state they were not going to try and pass it at the 2018 meeting? That is my point, i dont think they ever stated no rs until 2019, just took it off the table for that 1 meeting which they did.
Sure, no rs then after that meeting but what exactly says it cant happen for a year?
Lol, yeah right... buying at 0012 i assume. :)
Why cant it be done after new vote in sept 2018?
Not until another vote in Sept 2018 where shamemus now owns enough voting rights to do what he wants
Started building last week and finally starting to realize sells at .0014 are not happening much so hitting the ask now. imo
Funny how bid and ask showing exact same share #'s
.0015 bid is 8mil, ask will get hit once that climbs enough, just like at 0014 bid to 0015s that got hit over a few days.
.0015 bid is starting to grow, just what is needed to get some security for people that want to slap .0016
If dilution is done, we should see a penny pretty quick imo, not much keeping it down other than dilution and some revs coming for Q2. I dont see over 3-4, but a penny is easy at this point. Imo
F'ing right, stop the damn dilution train and we move
Dilution is killing it
Agree, even with dilution, way oversold imo.
17 billion OS??? what a load of crap to spew when AS is 3 billion and OS was just over 1 billion.
Maybe Q2 but I doubt it will be anything much in Q1. Still the current stick price is a joke with the potential and only a billion shares or so available right now. Imo.
Probably trying to get a big chunk of dilution done before filing it for one.
He as much said 1st 10Q wont be that good, so no surprise, 3rd and 4th quarters are what I care about.
When??
Dilution is killing it
What the hell was that 10M dump all about?
3.4 mill @ 47, bids are starting to form
Agree .005 is ridiculous for this stock with only a billion OS and no future RS approved or anything bad like that. I got mine but out of cash to buy more than my 6 million. It's a gamble but so is expecting to wake up each day.