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Hmmmmm..., game over?
LOL... it's not over till IT'S OVER. Oh well... next please! LOL
True that diamond... you've been right all along the way. LOL
Quote:
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Get it right. The shares are for "Employee, Consultant and Advisor" payments. Anyone who has been paying attention knows that SFMI has always used stock to pay their employees and workers- including RS, whose pay consists completely of stock.
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Thank you. At least someone understands that. Only thing that should be considered by everyone is the reason behind it. Well it is very common practice in the OTCs world. You raise money with no debt. All that would be fine only if you could have any control over the management decisions like approving higher salaries and bonuses etc.
Pretty much they are using shareholders money (other people's money) to load up their pockets and not to owe anybody a penny...
More equity dilution filed
10Q/A - Amended quarterly report from August 24th 2011
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...
During the three and six months ended June 30, 2011 we issued 65,634 and 103,924 shares of Class A Common Stock to Pascale Tutt for mineral claims administration valued at $14,000. Ms. Tutt is the daughter of Mr. and Ms. Quilliam.
During the three and six months ended June 30, 2011, we issued Pierre Quilliam 162,070 and 3,287,000 shares of Class A Common Stock valued at $21,069 and $521,069, respectively, in satisfaction of past and current payroll. Mr. Quilliam is our chief executive officer. The shares were valued at the market price on the date of issuance.
During the three and six months ended June 30, 2011, we issued Denise Quilliam 61,586 and 849,086 shares of Class A Common Stock valued at $8,006 and $134,006, respectively, in satisfaction of past and current payroll. Ms. Quilliam is our secretary. The
shares were valued at the market price on the date of issuance.
During the three and six months ended June 30, 2011, we issued Christian Quilliam 63,207 and 969,457 shares of Class A Common Stock valued at $8,217 and $153,217, respectively, in satisfaction of past and current payroll. Mr. Quilliam is our chief
operating officer. The shares were valued at the market price on the date of issuance.
During the three months ended June 30, 2011, we issued Alan Breitkreuz 61,586 shares of Class A Common Stock valued at $8,006 in satisfaction of current payroll. Mr. Breitkreuz is our vice president. The shares were valued at the market price on the date of issuance.
During the three months ended June 30, 2011, we issued Thomas Ridenour 126,414 shares of Class A Common Stock valued at $16,434 in satisfaction of current payroll. Mr. Ridenour is our chief financial officer. The shares were valued at the market price on the date of issuance.
....
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I wonder how long and how much it's gonna take for the shareholders to realize that these people on the board of the company are paying their selves ridiculous management bonuses at the cost of the equity...
Please look at all recent SEC filings.
I have to say I have doubts here, definitely on my list for the Shareholder's meeting to address these practices...
Right on wick...
let's not forget that PQ is the CEO of both companies - 10Q filing PAGE 16: Pierre Quilliam, Denise Quilliam, Christian Quilliam, Allan Breitkreuz and Roger Scammell are all officers and directors of GoldLand and us. Thomas C. Ridenour, who is an officer of us, is also an officer of GoldLand. (stinks like a conflict of interest to me).
NOTE 7 - COMMITMENTS AND CONTINGENCIES (same page)
We are obligated under employment agreements with our officers to make total salary payments of $772,000 per year.
For all the believers that are saying that this company is gonna do buyback I have to disappoint them. Dilution is the name of the game. We've had some talk about that for some time now. Well now we have it on a paper. Diluting at it's finest, slowly and quietly. Everybody check out last SEC filing (10Q). Check out that terrible balance sheet, can't really talk about cash flow because all the cash is flowing out and revenues are just imaginary. So, let's look at the bottom of page 4 Weighted average number of common shares outstanding - increasing number of shares outstanding for every year (let's not forget the company is approved to issue up to 10 bil shares) and on page 7 you could see how are they using those shares. Mostly it is for compensation because the company doesn't have any cash or credit to use.
___________________________________________________________________________
NOTE 5 – PREPAID EXPENSES
On October 1, 2008, we entered into a Commercial Lease Agreement, under which we leased office space in New York, New York. Under the Commercial Lease Agreement, we issued the lessor 1,250,000 shares of our Class A Common Stock at the inception of the lease in full payment of lease payments under the lease totaling $110,160. We capitalized the lease payment as a prepaid expense, and are amortizing the amount on a monthly basis over the life of the lease.
We also lease office space at 641-2 Chrislea Road, Woodbridge, Ontario Canada, under a lease that runs from January 1, 2009 to December 31, 2011 at a rate of $400 per month. We assumed the lease in March 2010. Under the lease, we issued the lessor 480,000 shares of our common stock valued at $9,600 at the time we assumed the lease as payment of rent for the last two years of the lease term.
In 2008, we issued 5,750,000 shares of Class A Common Stock for consulting contracts with terms of 24 to 36 months. The shares were valued at $404,840.
In 2009, we issued 10,000,000 shares of Class A Common Stock for consulting contracts with terms of 12 to 48 months totaling $454,500. We capitalized these consulting fee payments as a prepaid expense, and amortize the amounts over the lives the consulting agreements.
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The common practice is that those shares are acquired for ridiculously low price like in our case $0.0001 par value and sold on the open market for actual PPS. That's why we could have seen these price swings recently and probably will see some more in the future just like in the past year or so. Every spike was pushed right back to even lower levels.
also notice on page 11:
Proven and Probable Ore Reserves
At least annually, management reviews the reserves used to estimate the quantities and grades of ore at our mines which we believe can be recovered and sold economically. Management’s calculations of proven and probable ore reserves are based on
engineering and geological estimates, including future metals prices and operating costs. From time to time, management obtains external audits of reserves. To date, we have not obtained any third party report regarding potential reserves on our owned and
leased property at War Eagle Mountain, and accordingly we have not estimated that there are any proven or probable reserves on our property.
So, where all the analysis which foreign experts were hired, came from??
bottom of page 15:
NOTE 3 – NOTES PAYABLE
As of June 30, 2011, we had outstanding $3,565,076 of two-year promissory notes that we have issued to various investors starting in 2009. Interest accrues on the notes at the rate of 7% per year, and is payable monthly, except for notes issued to New Vision Financial, Ltd., which provide that interest is payable annually. Principal and interest due on the notes is convertible into shares of Class A Common Stock at the election of the holder at conversion prices ranging from $0.015 to $0.276 per share. The conversion price of the notes is set at the market price of the Class A Common Stock on the date of issuance. The notes mature at various dates ranging from July 23, 2011 to June 30, 2013. During the three and six months ended June 30, 2011, we issued $732,709 and $1,520,709 of new notes, respectively.
During the three and six months ended June 30, 2011, we issued 1,685,506 and 3,535,506 shares of our common stock, respectively, upon conversion of notes payable with an aggregate principal amount of $115,000 and $192,600, respectively. The maturities of two-year notes payable are as follows:
2011 $ 165,000
2012 $ 1,879,367
2013 $ 1,520,709
Total $ 3,565,076
Less current maturities (1,018,667)
Long term debt $ 2,546,409
...and last but not least my favorite:
NOTE 9 – GOING CONCERN
These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. However, we incurred a net loss of ($6,198,976) for the six months ended June 30, 2011. We have remained in business primarily through the deferral of salaries by management, the issuance of stock to compensate employees and consultants, and raising funds from the sale of two year convertible notes. We intend on financing our future development activities from the same sources, until such time that funds provided by operations are sufficient to fund working capital requirements.
These factors, among others, raise substantial doubt about our ability to continue as a going concern for a reasonable period of time.
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Let's not be naive here. They are blowing money away and all these SEC filings are not here because this company chose to file, they are protecting their a$$es when they go belly up.
More research from last 10Q is coming...
That $500,000 is cap for all of them together... Anyway you hit the point. Looks like the same BS like on Wall St. in 2009: Bank managers do risky investments, bring the banks down, ask for bailout and use that money for bonuses and golden "shutes".
If you read the filing it is obvious that the lawyers are trying to justify this compensation ("key executive's help was vital in process of Ch. 11... blah, blah, blah). Guess, their help would had been more vital if they keep the company alive.
Yet the $500k compensation is not all these Key executives desire. Follow points 18. and 19. in the filing:
___________________________________________________________________________
18. In exchange for the additional work the Key Executives have performed and
continue to perform as officers of TSC during the TSC Debtors’ cases, pursuant to the
Compensation Program, the TSC Debtors will pay each Key Executive monthly compensation (the “Compensation Payments”), nunc pro tunc to the Petition Date, in the following amounts:
(a) $12,000 to Jeffrey Epstein, (b) $10,500 to Douglas Brandon and (c) $7,500 to Vincent Loiacono.
The TSC Debtors propose that any Compensation Payments earned but not yet paid
from the Petition Date through August 16, 2011 shall be paid as soon as possible following entry of an order approving this Motion, and that Compensation Payments earned after August 16, 2011 shall be paid by the TSC Debtors on a bi-monthly basis, prorated for any partial months. The aggregate amount of Compensation Payments that will be paid to the Key Executives is capped at $300,000.
19. In addition, within two business days of the later of (a) the date on which there are
no disputed claims against any TSC Debtor and (b) the effective date of the Plan, the TSC
Debtors shall pay a bonus (collectively, the “Transaction Bonuses”) to the Key Executives equal to 20% of any Increased Net Equity Value (as defined below) times the applicable Key Executive’s distribution percentage, as follows:
(a) 40% to Jeffrey Epstein, (b) 35% to Douglas Brandon and (c) 25% to Vincent Loiacono.
The term “Increased Net Equity Value” shall mean the amount that the value of any distributions made pursuant to a plan of reorganization (or liquidation, as the case may be) of the TSC Debtors to holders of Equity Interests (as defined in the Plan) exceeds the sum of Base Equity Value (as defined below) and $100 million (the 8101006576
“Initial Threshold”). The term “Base Equity Value” shall mean $42.7 million,2 representing the expected distribution to holders of Equity Interests based on current estimates, including the TSC....
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So, pretty much they are asking for compensation for the time since the company filed Ch.11 ($cap $500k) plus now on they want to be compensated on bi-monthly bases plus they dare to claim any bonuses of any increased Net Equity (with ridiculous percentages). Nothing wrong with compensations and bonuses but in this case we are in the bankruptcy reorganization process which means if you are actually trying to save the business you cut your spending to the maximum and run your model as efficiently as possible. It is contradictory to pay such ridiculous bonuses when Net Equity value is increased. What happens after you pay out those bonuses??? Decrease??
And let's not overlook the little note in the brackets at the end of point 19.:
...(or liquidation, as the case may be)...
here you have them admitting liquidation is a possibility. Has anybody here actually aware that Net Equity Value could be raised even when liquidating company?
Now, why would they try to save the equity again???
TSTRQ: TerreStar Corporation filed with the U.S. Bankruptcy Court a motion for an order approving a management compensation program for three of its officers. The amount that will be paid to the key executives under the compensation program is capped at $500,000. The Court scheduled an August 26, 2011 hearing on the matter.
And here goes another half of mil from the equity...
Anybody here still believes that the management has any interest to save the commons?? Who (managers) would in their right (greedy) mind would do that when they can make claims on their own... Just my opinion.
Good luck
LMAO...??? How many BK plays?? Well considering that everything I stated here (from company's fundamentals, DISH deal, bankruptcy law and proceedings to technical charting) for last month has came to a somebody's painful reality, I would say more BK plays than you.
To be honest even I got caught by surprise when I saw this plummet below one penny so fast without any meaningful bounce back. I thought it would take couple of weeks but this just confirms hated and most overlooked fact.in BK cases. No one really cares to save the equity (it is not required and it adds more complications to reorganization of the company).
Since I've some posts here about people losing their money I have one advice to such individuals. If you think BK cases are your type of play I highly recommend to educate your selves by reading some books about BK investing (Amazon has tons of them) or look for advice from any BK attorney agency. You'll hind out that nothing is just black and white. Nothing really works just as easy as many's DD claims to. There are many twists to individual cases such as there are many twists in BK law. I'm not saying it is impossible for a company to reorganize and make it big (DDRX was last big thing in the markets I was personally involved in but played it safe - took just under $20k - no need to be saying if I'd held all the way I'd make well over $500k because you just can't tell it will go that high) but it happens once in thousand cases I'd say.
Good luck everybody in next BK case
Let's not forget that any DISH price move or revenue is completely irrelevant here. DISH took over the assets (did NOT save TerreStar) and has no connection to TSTRQ what's so ever. If DISH would be up 200% tomorrow TSTRQ will still continue go down the drain. Company in BQ with no assets and canceling equity has really little to offer.
More cheapies coming everybody
You hit it right on the head Nate... that's exactly what I was trying to point out. Not just PQ but everybody's salary almost doubled. Where's the money coming from?? They have no business going (yet).
One thing is for sure... Not even Apple, Inc. pays their head secretary as much as SFMI does. Hell of a carrier for Denise to staple paper for $125k a year.
Good luck, hope the SHM will answer some questions for everybody. Address the issues!!!
Ask about Reinder's past
Welcome to sub- penny land... As I posted before, with overwhelming pile of sellers eager to sell their losing positions there's less and less chance for any major spikes given the fact that the company is canceling existing equity. As you can see out of few people here I have been calling this for last month.
You've been making some serious bank for last three years my friend. Time to get real and come up with some new arguments
LOL, yes yes... I have been trying to buy each dip since we were in 0.20s.
Has anybody mind to check SFMI recent filing??!! Nobody finds it bit suspicious that company that has been here just for a few years with no revenues, couple thousand dollars on their accounts and co-incidentally havin' members of one family in top management and board of directors is generously paying huge salaries to them (themselves I should say).
Name and Principal
Pierre Quilliam, (husband)
Chairman and CEO (3)
2010
Salary - $ 125,000
Stock Awards - $ 81,900
Option Awards - $ 116,354
All Other Compensation - $ 17,500
Total - $ 323,254
Denise Quilliam, (wifey)
Secretary and director
2010
Salary - $ 84,000
Stock Awards - $ 11,900
Option Awards - $ 29,089
Total - $ 124,989
Christian Quilliam, COO (dear junior boy)
and Director
2010
Salary - $ 145,000
Stock Awards - $ 90,175
Option Awards - $ 174,531
Total - $ 339,831
Thomas C. Ridenour, (the best buddy of Pierre's)
CFO
2010
Salary - $ 98,000
Stock Awards - $ 390,936
Option Awards - $ 174,531
Total - $ 663,467
2010 Employee Salary Cost for a company with no revenues and $80k was $ 1,451,541 (for just 4 employees)
... and at the same filing (DEF 14A filed Aug 3rd) we can see employment agreements for 2011:
Pierre Quilliam .
We entered into an employment agreement with Mr. Quilliam on January 1, 2011, which provides as follows:
· Mr. Quilliam serves as our chief executive officer.
· That Mr. Quilliam is entitled to a base salary of $250,000 per year;
· Mr. Quilliam is entitled to a monthly automobile allowance of $2,700;
· Mr. Quilliam is entitled to health, dental, long term disability and life insurance, to the extent provided to all of our employees pursuant to such plans and programs that we may adopt from time to time, and the use of two rental cars, the combined cost of which shall not exceed $2,000 per month;
Denise Quilliam .
We entered into a one year employment agreement with Denise Quilliam dated January 1, 2011. The terms are identical to
our employment agreement with Mr. Quilliam, except that her base salary is $95,000, her title is Secretary and she does not have an automobile allowance.
Christian Quilliam .
We have entered into a one year employment agreement with Christian Quilliam dated January 1, 2010. The terms are
identical to our employment agreement with Pierre Quilliam, except that his base salary is $195,000, he is entitled to an automobile allowance of up to $2,025 per month, his title is Chief Operating Officer, and he is allowed to perform his services primarily from Ontario, Canada, subject to a requirement to make at least 12 trips per year to the Company’s operations in Idaho.
Thomas C. Ridenour .
We have entered into a one year employment agreement with Tom Ridenour dated January 1, 2011. The terms are identical to our employment agreement with Pierre Quilliam, except that his base salary is $195,000, he is entitled to an automobile allowance of up to $2,025 per month, his title is Chief Financial Officer, and he is allowed to perform his services primarily from Atlanta, Georgia.
Allan Breitkeuz .
We entered into a one year employment agreement with Allan Breitkreuz dated January 1, 2011. The terms are identical to
our employment agreement with Mr. Quilliam, except that his base salary is $95,000, his title is Vice President and he does not have an automobile allowance.
MY QUESTION IS: WHERE DOES THE MONEY COMING FROM WITH NO BUSINESS RUNNING (YET AS YOU MIGHT OBJECT) AN NO CASH???
Answer is very simple: Company is approved to issue up to 10,000,000,000 shares and with relatively little float at over 300,000,000 shares so there's plenty of room to dilute existing shareholders and raise some money to pay their selves some salaries (common practices in OTCBB/Pink land). Evidence of such a practice is deal with Centurion Private Equity where SFMI will raise $ 7.2 mil by issuing 74,226,804 shares (class A) and $ 132,000 by issuing 1,326,230 shares (class B) at shareholders expense of course (filing S-1 filed on Jun 3rd).
AND LASTLY: NOT JUST THAT MR. PIERRE QUILLIAM HAS SOME DARK BUSINESS HISTORY (lawsuits, jumping from one business idea to another in just few years) BUT ALSO OUT NEW cfo MR. RIDENOUR HAVE HAD SOME ISSUES WITH A LAW (EQUITY/INSIDERS FRAUD TO BE EXACT).
So, to total this up, I will HIGHLY RECOMMEND to anybody who's planning on going to attend shareholders meeting on Sept 23rd to address these issues to a board
watch that support being tested couple of times and once those buyers disappear we're enter $0.06s paradise
It's not over till it's over... Not over yet. 8 cents to go
Back to $0.04s. TIC TOC. Completely different case from BearStearns... Thank you for playing
Watch and learn daddy... Your money is going down the drain. Another one who got fooled by the pumper scammers. Congrats
Hawk, good addons right now. Or maybe it will be better next week when it's under $0.01 LOL
What is that? I guess that is supposed to be the famous mill. I can download hundreds pictures like that from the internet.
LOL... glassblower!! LMAO You can add another one too... moneyblower. LOL
I have no idea where do you get the term "growing company" since this company has anything but growth. And if you'd do your DD from my post you'd see that 3 years in is what I am least concerned about. Since I also live few miles from company's headquaters I got to experience the "real deal"
There's nothing really going for this company:
hypothetical outcome if any of those report were true and relevant. Pretty much that is the investor idea of a company, the public picture let's call it. And then you have the actual business were the money is made. Money for insiders, not investors (let's not confuse those two words). If anyone is considering "investing" their money into this company's business model I highly recommend to do a little research. It will really pay off.
Points to pay attention to:
1) Company has been est. in 2007, haven't turn profit in any single year, blowing money every quoter (check company's financials)
2) How are they able to afford all the analysis testing and hiring external "experts" when the company has roughly $80k on their accounts
3) the SFMI's CEO, Chairman of the board and head investor in one person (Mr. Pierre Quilliam) has a history of being sued for his business practices
4) also Mr. Pierre Quilliam coincidentally is CEO of GoldLand Holdings, which supposedly owns War Mountain area and closed the deal with SFMI about mineral rights worth about $16 mil for next 15 years (question comes where will SFMI get $16 mil if they have only $80k in bank? Hmmmm...)
5) SFMI looks more like a family business with 21 employees, all CEOs, COOs, head secretary... same last name. Maybe coincident
6) I actually live in Bradenton, FL and saw (tried to find) their headquoters. I highly recommend to google company's address and do street view. It's a joke
7) Mostly I encourage everybody to look through company's recent SEC filings and mainly read carefully filing S-1 from Jun 3rd 2011. Readers might find that the company is issuing (not selling) 74,226,804 shares to Centurion Private Equity at par value of $0.10 which is supposed to raise them $7.2 mil max (ceiling is given by the terms of the agreement achieved on May 25th). Very nice you might think, they're raising some money. Only result this will cause is very likely short term lived spike in price over $0.10 contributed by stock promotions and irrational pumping on message boards(so SFMI can get their money for those shares issued) and highly probable price drop (where Centurion will liquidate their stake at market prices since there will be a lot of hyped buyer sheep believing in this company). Much highly pay attention to the amount of shares they've acquired... 74 mil. Company's S/O is 311 mil and float is 259 mil. Do the math. Not to mention the biggest trading day for this stock was about 10 mil.
8) and lastly let's not overlook that the company is already approved to issue up to 10.000.000.000 shares. Yes you see right, 10 billion shares, which at today's S/O is 30x dilution. So, even if this stock would rocket to $3.00/share, one filing will bring us right back to $0.10 where company just raised the money at the expense of shareholders.
No worries
I agree with the higher price. $40.00 total for all the shares outstanding
LOL...
I actually agree with you on this one... It will most likely develop exact pattern and will drop down to $0.0014. Good call
Roger that hardasset. Pretty much confirms what I said before.
TRUE LONGS = BAG HOLDERS
Back to 0.04s... TIC TOC. Remember 2 x 0.04 = 0.08
Ladies and ladies, looks like the KoolAid is finally wearing off. The deal fell apart, chart is very weak... If you have piss your money away I'm sorry to say it's your own fault. A lot of people like to play bankruptcy stocks yet don't really know anything about BK laws or even reorganization and what it means for a company and for equity holders. All the pumpers (just like on this board) use one example that made it big in the past to compare it to our case yet fail to realize other hundreds of companies with very similar outcome like TSTRQ. I was here to warn you, got bashed and banned yet was just posting what I saw. Very weak price action (even after judge's sale approval) and no POR where is stated to save any commons. If you'd have a little experience in BK cases you'd know what are the most common outcomes for equity during reorganization (cancel commons issue new stock). Now that everyone is realizing this is not the big shot, it is gonna be hard to take the loss. Especially if you have 1.5 mil share... LOL. Well at least people learn something new every time they blow their money away.
Absolutely, great call. Actually great calls lately. Let me see... hmm... Breaking one key support after another... What would that mean? I know I know, everybody here is a long term "investor"... Well people should actually do some DD and not rely on posts of some desperate ones here that wish to break even with their 1.5 mil shares. Trade or invest in what you see, not what you hope to see... All I can tell you right now is that couple of drops and spikes and within two weeks we will test 0.01 support... No buyers here and trust me, as much as a lot of people are trying to blame these price drops on short sellers, it is desperate bag holders trying to get out that cause these new lows. Trust me, short sellers are not as dumb as many think, they see the risk/reward also and not much money to be made out of shorting this one
Roger that nurse. I heard from my personal banker in Polynesia who has good connections with the lawyers that they are secretly working on the settlement plan behind the closed door. He told me all the parties agreed on 2x the value....
LMAO, I just couldn't help it. Right on. I wonder how's cicimici doing? I liked his fortune telling last couple of weeks.
Apples and oranges... TIC TOC
Now I understand your disillusion. Thanks for playing. Back to $0.04s TIC TOC
you gotta find better argument. First: you've been trying to compare apples and oranges for last three years. Second: just because you'd like to see same deal happen again doesn't mean it is going to. Bear's is completely different deal made at different time under much rougher circumstances. Hard to believe they'd agreed to a similar terms.
And by the way for once I tend to agree with you: "LAW IS A LAW" yet it is how you practice the law that makes you win your case. Law is only a tool for judicial system... It is in hands of attorneys to use it right and make more sense of existing evidence for a desired outcome not justice.
Roger that Jeff. Even after this long it is still unbelievable how short sighted people could be. I 100% agree with every word in your post. 3 years in, listening to "settlement over weekend", "2x value plus", "tic toc, thanks for playing" and we're heading back to low $0.04s again. I really don't understand what it is going to take for people to understand. Look at PQs again... Why is it dropping if we hold all the aces I ask? As said before, there are way more powerful players in this game and unfortunately it ain't the shareholders. Thanks for playing, back to 0.04s... TIC TOC, TIC TOC
$0.02 buyers are gone. With half of yesterday's daily volume it is obvious somebody was eager to dump their shares. All haters, please check my posts... I may say stuff people don't like to hear yet I only say what I see. Feel really sorry for the person with 1.3 mil shares. It must really hurt to see your money be cut in half. Well congrats everyone this is one of a lifetime opportunity to blow your money. So until we reverse the pattern to higher highs higher lows make sure you do your own DD. I did. GLTY
Wonder what balance sheet you're talking about? Only thing I see is a debt and no assets (since Dish bought and took over all of them). Whatever revenue till 2017 that you're talking about is very likely gonna be used to satisfy any debt left over (which I am positive will be disclosed in POR). As far as everybody knows that the price will never hit one penny land? I tend to disagree. Where do you get your confidence? It's like everybody knew this stock is gonna go to a dollar after judge will approve the sale yet only thing that happened is that there's no interest in this company what's so ever. Only interest it created was for flippers... And those are in control now confirming 0.05 as a strong resistance and creating 0.03s lower high. So, until you have anything on the paper signed by the judge and agreed upon by all the parties that equity would see a cent on a dollar, keep your faith alive because that just might be it that you'll end up with. SEE YA @ 0.01s
Ouch...,