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Well, been fun. That's all she wrote. On to the next scam I suppose.
This sucks. I wonder if they are going to default. The banks can come calling at anytime.
this sucks. i hope hiit can survive. hope the debtors dont come a knocking.
oil needs to rebound now.
Well almost made it. Now see if company can survive this shit oil market. Sigh.
ugh this thing is getting killed.
fml.
of course we've seen this before but i hate this part.
I'm not sobbing. I'm in this stock with a basis at 0.16 cents. But nevermind, lets just keep the price going up and then we can fight about it later on the beach with a cocktail. How does that sound?
lol, what a troll. nope, still in this beast. im happy where we are at, but to think that after the hemiwedge sale that anybody saw hiit coming is absurd. it's a long shot.
Don't act like you saw any of this coming. When Hemiwedge sold everything for cash it was like 400k worth of cash and that was it. The fact that we are a new company without reverse dilution shell is a friggin miracle. Period.
I'm more than happy to see where it's at. I actually have stock back from the Shumate days.
Keep growin!
wtf. all these high volumes and stock taking a dump. hope this is just shaking out everybody out. want to see some serious pops.
I wonder if we will hit $0.50?
Seems to have been in this twenty cent range for awhile. I have had some of this stock since Shumate days. I am anxious.
nice dump. oh well.
i wonder what the chances of a pure pump and dump scenario happening? at least it would give us a quick, great trade.
Most likely, one of the constant pumpers below is actually selling right now. Always the case.
it would be great for this ticker name to reach $1 before the reverse merger dilution.
like to understand what assets this company has. it's just a guy working off a gmail account trying to do a shell merger game, aka extreme dilution for current shareholders....
of course, please pump away so i can unload my shares before it does happen.
Please pump this up to 50 cents so I can dump this crap.
would these new pumpers please tell about this stock to the boiler rooms. i would like to unload my shares at a much higher price. get those pumps going.
Where are the boiler rooms at. We need some serious pumping so we can dump this stuff quickly.
In a reverse merger, you keep your shares. HWEG technically 'aquires' another company. However, in the process of doing so, they will issue stock to allow the new company to gain controlling stake.
Say HWEG has 20 millions shares now. We reverse merge with some company.
HWEG issues 200 million new shares to the holders of the private company.
We still have our 20 million shares, but now highly diluted in a pool of 220 million total shares.
So yes, we will be equity holders of some new company, but at a % of value.
That so called 20 million tax advantage? Look it up, congress passed a bill back in the 80s or so that basically nullifies any deductions the new company can make against this. The only way around it is if the new company doesn't take greater than 50% stock ownership.. well.. nobody will do that.
I just hope that once the shell is trading on an open market, some boiler rooms will pump this thing up and allow me to dump my shares.
Don't count on the tax shelter of 20 million to be worth anything, actually. When you reverse merge, legislation alone has killed this scheme. If the new merge has the private company owning 80-95% of the company, then the tax shelter is reduced by that much as well.
Good run fellas. This lesson has taught me that news clips about so called 'revenues' are nothing but horsecrap.
They basically made up a bunch of crap and now they have sold it for 7 million dollars. LMFAO.
Ahh well.