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What's going on?
I was being sarcastic.. This thing is not going anywhere except the dumpster!!
Hold on tight buddy :)
Roy's pathetic updates are just another way for them to sucker in more newbies.
They know they won't get anymore from us so they have to exploit other avenues.. What's better than some bogus mini Athlon, right? I mean, a CEO who loves he's product so much that he wants everyone to enjoy it!! What's not to love about this company?!!!
I can almost bet everything I have on this worthless POS that when the day comes he will have some unexpected and unforeseen condition or injury, and he will be "disappointed" that he couldn't compete. hahahaha
Its ok man, most of us made the same mistake. Just don't fall for it again :)
All the bs about the new flavor and him actually getting ready for something that involves fitness is all a gimmick to solicit new, unsuspecting traders and lock them in for another flow run.
Let the numbers do the talk.. Not this POS.
Man, you should haven written this post 2 years ago hahaha
Awesome post :)
I'm pretty sure it's the lack of interest in the whole company.. People don't post anymore because they know its not worth it..I guarantee that everyone is watching but there is no point to speak anymore because its pretty much unanimous that this is dead in water
That would've great marketing.. However, they aren't trying to run a business man. All they are doing is keeping the cost as low as possible, including marketing, to make it look like its a legit company. They are making all their money of the common investor by stock manipulation :)
Just wait :)
All the longs know exactly what's coming :) and it's not growth!!!
Roy needs to go on another vacation later this year..and You will pay for it :) good luck
I guess ROY and his team of scammers ran out of money.. They are blowing up Facebook. Follow this and like this... All great but we all know they are just fishing for another payday with new suckers!!
You want to laugh? Read their FB posts.. They want you to know they "care"
ahahahahhaha
Anyone see that weak ass post they put up on FB? I guess ROY lost some money in Vegas.. Time to rack in some more suckers hahaha
Read the post.. It's priceless.
Hahaha you want to be at a mercy of a CEO? Go ahead!! The company is supposed to work for investors not the other way around
When is the next q coming out?
It won't.. They will close the operation down..
Because idiots are buying .0001s. Grab them while you can hahaha
Where is the like button for this post? Haha thumbs up big guy!! This pig is bleeding out fast..right into Roys pockets..
Look at it this way.. At least someone will get to have a vacation this summer :)
Man!! I was hoping for and all-red day!! Damn! Maybe tomorrow..
Those were not real prs.. They took them off
Yay!!!! NO BID!!!
I guess we weren't talking out of our A$$!!!
finally here!! and right on time!!!
Thank you!!
It's at a point where creditors just want out.. Lowest price possible.. Who cares?!! At least they will get something back hahahaha
That's desperation at its finest!!
Completely agree!!
There is nothing in the statements that shows any growth for at least 3 years.. PPS is at its lowest, the SS is so unbelievable it's hard to look, and their distributors would like to remain unnamed!! Hahaha
Grego8,
Thank you for teaching me what a note holder is.. I appreciate it..
Now can you tell me why any creditor would convert to equity holder and sell his shares right on the spot.. All before the maturity date?
Ahhh!!! So now were getting somewhere :)
Thank you for finally actually saying that this was a horrible management decision.
Funny things is.. This decision was made with a knowledge that the common shareholders will suffer from it.. But hey, at least ROY had a few nice vacations during this time :)
no matter who is converting.. It's never a good thing when a note holder converts to equity to get out :)
But why does a creditor convert to get paid? They get interest every month and then the full amount at maturity.. So why would a financial institution have to convert NOW? They wouldn't unless they knew the company was going through financial strains and might not be operational by the time the notes mature :)
That only answers the question of WHAT is going on. Not why it's going on? I answered the question on WHY!!
And a company can't look for ways to restructure after all the financing had been converted.. Because no creditors will lend them money NOW... That's why the current debt holders are jumping ship!!
And do you know what restructuring a capital base means?
Great!!! Now answer this question.. Why???
Creditors.. Financial institutions that make money on low risk investments converting their notes. Hhhmmm?!!
It's a protection measure that was invented to protect creditors against startups when they can't keep operating.. It's a faster way to jump ship.. Convert and get out.. Eliminates debt.. But a business can't survive and GROW without financing.. Which they don't have because the current creditiors are bailing..
Read post 39425.. I was trying to reply to your statement that the financing companies are getting their money back
Conversions happen when a financing company like a creditor or bank know they may not get their money back at the maturity date of the note (default and/or inability to secure future financing from other creditors) and they convert now to get their money back..
At the expense of regular equity holders!!!!
So much conversion means the current creditors are jumping ship..
Hhhhmm!!.. I wonder why?!! Maybe even the lowest risk ( notes are low risk because they are the first to get paid) is not worth it at this point..
Creditors know this is a bad investment and know they might not get their money back later!!
IMO..
After the dilution they will file for bankruptcy and close the operations down.. I doubt they can keep operating at the this rate.
All we can hope for us a "shark" to come through and eat this thing up.. We may lose a some value in the deal but with a change in management we can gain something back..
This is dead in the water.. I hope someone smells the blood
That's perfect for this company.. Hahaha remix is hilarious
I completely disagree..
One of the main reasons creditors convert their debt into shares is the inability of the company to secure more financial assets.. Also, the impression of a debt default causes those creditors to jump ship with what they have now..
At the same time the conversion hurts the equity holders (us) because of the dilution of additional shared being thrown in market
Sorry to say, but even furnancial assets don't create stockholder (us) value.. Operational assets do.
Operation has been weakening despite the PRs. Statements say it all
A lot of different things must happen for an RS to actually benefit investors..
Historically though, that's not the case..
One of the implications for someone who buys at .0002 now ( you can't buy at .0001) is that you can only lose 50% of your investment..
Once the RS happens the PPS jumps as well.. If a company keeps the same way of operation the PPS will go right back down. Meaning, those who bought at .0002 can now lose way more than 50%
That's just one of the negative affects
You can't buy at .0001
Thanks
Lets say a company is pie..pecan is my favorite.
Lets also say that a pie is divided into 8 pieces, and you own 2 of those pieces..
Let's say that there is 2 to 1 reverse split (the split will be a lot bigger than that). Well that pie turns into 4 pieces instead of 8.. And now you have 1 piece instead of 2.
So, percentage wise you would have the same share of the pie just less individual shares..
It's not good to do a RS because while it doesn't sound bad, there are implications that negatively affect the investors
And I bet you make 500-700 every week right?
Let me explain something to you..
You can sell... At .0001, ok?
You can also buy at .0002, ok?
Now, do the math..
You cannot sell at .0002
You cannot buy at .0001
Therefore, you cannot trade (unless of course you want to loose 50% of your investment plus commission) hahahaha
So, please stop it..
The big percentage ups and downs are between .0001 and .0002 ok? Can you tell me what the spread is?
What about the bid and the ask?
Well I'm a novice so I could really use more information one what is really going on.. Please, educate me
And what is that exactly?
Grego8
I can't PM but
I has not gone up past .0002 in months.. Which means it can trade only between .0001 and .0002 which means there is no room for spread.. Which means you can't trade unless you buy at .0002 (the ask) and sell at .0001 (the bid). Now, do the math (carefully).
Percentages mean nothing when there is no trading.. And there isn't.. People are buying at .0002 and hoping the stock will go up.. And creditors holding the convertible notes are converting at .0001 which drives the price down and also dilutes share value driving the price even lower.. Can't go below .0001 unless you count bankruptcy which will happen judging that email you got from Roy.. Restructuring the capital? Can you say CHAPTER 11?
You can tell those reviews are formulated by the staff and insiders.. As soon as I read them I couldn't stop laughing haha