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u know what i mean....and yes the potential is there...and many times thats all it takes in this arena...but the company has proven time and time again that it never lives up to that potential. Which is why its at a penny. Its always next week next month next year etc etc...and then lo and behold nothing ever happens anyway. Still dont understand what they are waiting on. Summers here...its time to u know what or get off the pot.
please dont tell me what to do. So you consider a pink sheet penny stock an investment? Youre in for a rude awakening sir. These are never investments because of one simple reason....dilution. It kills every one of these on a long enough time line. Also you have to realize the stock has been down here for so long its going to take a TON of volume to break it loose. If u think its just going magically to 02 in an instant thats just not going to happen. The longer these guys wait the harder its going to be.
its all well and good that the longs here are content that perhaps...maybe...eventually the sp will rise. But thats NOT what the company needs right now. The company NEEDS a higher sp so it can leverage to do deals and acqusitions. The longer this sits at a penny the more a. That wont happen...and b. Our shares get diluted. Ill say it again...for the millionth time....STOP being happy the price is in the basement...it is a major detriment to this companys future...how can no one but me understand this?
no bid support will do that. Look for one more dip sub penny in the next wee or two as some lose patience...per daviadams post this may be awhile yet until anything happens. With this companys history if they are saying wait until summer i would bet it will be more like fall....
i agree with you that things need to be done correctly. But at some point SOMETHING needs to be done. Sounds like another long and dry summer lol....and can you tell me why posts pertaining to fludgate were removed?
well almost a full week down out of the first month and cant say ive noticed anything different here from the hiring of the new ir. Still no news no volume no urgency whatsover. Was expecting a bit more to say the least. June is just days away and its one sell away from being sub penny. Amazing to me.
it does? Actually looks really weak. News everyone seemed to like and yet no buying. As ive said over and over, this stock needs MAJOR MAJOR help.
what rt mngmt doesnt realize is that there are a number of things they could do in the coming weeks before the launch that would greatly help the sp and get it up to a level where it would be much easier to raise money and do deals. As a matter of fact i will bet the stock would/will run much higher BEFORE the launch ever even took place....in anticipation of....thats what penny players love. Announce a company name and symbol change...announce and DO the share buyback....run a well run promo...etc. If they got their act together right now this stock could be at a dime BEFORE the launch even happened....that would help them a ton down the road. What is it that the company fails to understand about this? They have a sexy story with a low OS and a lot of the float tied up. The stock is ready to go to new levels and they insist on sitting on their hands! What in the world are they waiting for????
a year. U cant be serious. This is exactly the kind od mentality i was talking about in a previous post. This company waits another month or two, let alone a year, of no news....and its at .003
with rtgv stock at at a penny there is NO WAY the company is in ANY position to purchase anything...let alone another company. The absolute first thing that needs to be done is the sp needs to be brought up to a level where if an acquisition were to be done the sp would be at a level that would not be highly dilutive to shareholders.....i simply cannot understand how the company doesnt see that the only currency they have is the stock and they need to do whatever they can to get it higher......pronto.
i agree. If the stock has any hope of getting to much higher levels something needs to be done in a hurry here. You have said that this will be a big summer for the company and summer is coming this week...i assume you mean the company going live doing acquisitions etc...in order to do that the company im assuming will use equity. There will be a HUGE difference to current shareholders depending on where the sp is. Having the stock at 3-5 cents for example would make a world of difference when compared to a penny and under. I am confused as to when i read longs here stating they want the price to stay down here as long as possible. That would be the absolute worst thing that could happen with the companys development at this stage. Summers here....they need a higher share price and they need it yesterday...we all do.
i am happy to hear you and the company are working on an awareness. It is something the stock desperately needs if it is ever going to get out of the hole its in. But what about the pr saying a buyback was going to take place in a few weeks. That was 2 months ago and havent heard a word about it since. Was this just talk or do they actually plan on doing it? It would help the stock out a great deal. I just find it hard to believe that the company doesnt need the sp higher....for a large number or reasons.
good luck in ur new position. Sincerely. I am hoping that with your years of experience in the penny stock arena, and knowing what it takes to make these stocks move and create volume, that u will be able to guide and point rt in the right direction. The stock obviously needs help in a major way so hopefully rt management will heed ur advice. I noticed you said you have been hired on a month to month basis so i am assuming the company will want some results fairly quickly....which would be for everybody involved...first and foremost the company as im sure they would like the sp higher for acquisition purposes. Also, this could be a big opportunity for u personally if this works out. Once again good luck.
my point is, because u and many longs here seem to be happy with the status quo...the stock at a penny, no volume whatsoever, no news or what seems like progress from the company in months, broken promises about buybacks promotions etc etc. ....than this is where the stock will stay...with only one thing a certainty...dilution of your money...as they will have to pay the bills somehow...that is the penny stock trap. Its why none of them can ever be considered long term holds unless the progress of the company is extreme....and so far? What have we truly seen from rtgv as far as progress? Be honest....not much. Just a bunch of broken promises and a bunch of broken dreams....
this is exactly the kind of mentality that feeds into why this stock is at a penny....
Scam. A well orchastrated and covert one...but a typical penny stock scam. Believe that more than ever now.
i guess everyone else here is happy as well that the stock is subpenny if you want to sell....that you would be lucky to get .008 on any large amount...that it hardly ever trades even being a subpenny stock...that the company has gone awol...that every single person who has bought immediately goes down his investment....whatever floats your boat i guess. There is no way anyone can sit here and say well the sp sucks but the company is doing great! No one knows that. As a matter of fact based on the silence of the company you would have to conclude the exact opposite....and they simply have nothing to say.
i disagree. I 100% believe the company is diluting. How else can you explain that even with all the buying the stock has had it cant leave a the .01 area behind. There are always more shares available. Always. Dilution is happening here i have no doubts. These stinky pinkies are sneaky as im sure u know.
yes it was meant for him. Sorry about that. Am i the only one uncomfortable with this?
i think shareholders and this board deserved to know that you are being compensated by the company. I dont know...this leaves a bad taste in my mouth.
thats my point. I have read the prs. As ir can u please address my qs pertaining to the promises that were made in those prs to shareholders but were not followed through on? Thanks
well if you are being paid by the company and really are the ir can you tell me exactly what youre doing? And how can we ever trust u to be impartial again? This is a severe blow to your credibility. Can u at least address my queries in my previous post?
the way the company has been acting the last few months they do seem to be 100% like every other penny stock scam out there. Promise the moon to try and pump the stock price and deliver nothing. Lets go over it. Promise 8 million in revenue this year.....no shot. Promise web sites live by now...not even a hint of that happening. Promise to keep shareholders informed and updated...company is as quiet as a snake. Promise a company buyback would start within a few weeks 2 months ago....not a hint of buying and not another word about it. Promise an investor awareness campaign to get the stock noticed....not a peep about it again. This company is all about promises and pumping and yet all they do is never deliver on ANYTHING and let the sp dump to new all time lows. So youre right this a typical penny stinky pinky and i should have known better to believe.
wait am i hearing this right? I was just told that you are now working for the company and being paid as their ir person. Please tell me it aint so joe....you just cant trust anyone anymore. Wow.
id be more than happy to speak with u...send me your email or i can to you.
say what? What in the world are u talking about? Delighted with the progress? Ummmm what progress lol? Unless ive been living on mars the company hasnt updated anyone on any progress in months. They are a joke.
thankyou. Y is the company not taking advantage of the Linked in ipo this week. LNKD is now valued at around 40x sales! Rtgv is less than 1 i believe. If rtgv management was on the ball they would have been ready to go this week while these social media stocks are hot. Instead what did we get? Nothing. Ive been hearing next week next week for months now....whens it gonna be next week?
youre right of course. Imo this is just another pink sheet scam, using the shareholders as a piggy bank, and i should have traded it as such. My bad.
excellent question. When is that? Wasnt some of this supposed to go live by now? How in the world are they going to do 8 million this year and 50 million next when they wont talk to us as shareholders anymore and let us know whats going on. This would have been an absolute PERFECT time to try and get the sp up with LNKD having such a big week. Social networking and cloud plays would be hot. But of course just like everything else this company says they will do....EPIC FAIL!!
i dont care whether it was september july 4th or groundhog day. The point is, at a time when the stock is near all time lows with no end in sight to many longs suffering, the company and its management team has, lets see lets put this in social networking terms.....EPIC FAILED!! This has been an outright disaster if youve owned this stock.
imo nothing. Which is why i want out. I had been told a major push was coming by mid may so i held on...even though i knew better. Of course we got nothing. I have 2.5 million up for sale if anyone wants them.
company has a history of overpromising and underdelivering. Whole company needs an overhaul...especially mngmt. One of the worst ever as far as supporting shareholders.