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Do companies that have been placed on the Expert Market due to not being current still have a chance to become current?
State of Texas, seems to be only interested in the facts that don’t pertain to the actual promises made by HPIL only to be broken. The CEO has made many outlandish comments and promises during CON Calls. He has been caught more than once stating inaccurate time lines only to try and backtrack and change the statements made. This article highlights a portion of the promises your CEO has made with many never happening. It also lists the statement made of “only days away from up-listing to the OTCBB”. His latest (PR) is with Zippa and the launching to take place “within the next three weeks”when it was already promised to happen on Sept 1st. The excuses made for this incompetence does not suffice. No more excuses about inheriting a messy shell or partners being delayed. We all know this is pure BS to buy more time.
https://www.nxtmine.com/news/articles/energy-critical-metals/cybernetic-technologies-ltd-otcmkts-hpil-powerful-reversal-brewing-as-co-signs-nda-with-ansys-to-develop-the-apogee-d7-and-its-power-train-management-system/
Absolutely, I agree with your point but sourcing where you are getting this line of credit from and the terms are hugely important. As I mentioned this particular company has a history. I will wait for the terms to be released.
Once HPIL releases the Terms of the line of credit we will discuss further.
Of course it is going to convert into shares. The company has no revenue and appears it won’t for some time.
“Gm all longs teammates
$10m line of credit?
Who does that in the OTC?
No one
But HPIL”
Incorrect, many OTC scams use this source of funding to continue false hopes. All you need to do is Google this company who provides such funding and you will find many lawsuits against OTC companies who have defaulted on their funding.
In the shareholders call from July 2, Mr. Brown stated: “Management started the process of up listing in April and have recently stated they are days away from up listing to OTCQB.”
“Days away” really?? Excuses were that this shell was a mess and it will take time. Meanwhile, other OTC companies worse off than HPIL (no filings since early 2000s) have already been approved and PINK.
You still want to keep your “Guaranteed” statement????
Quote: “Mr. Brown's going to take this to PINK.
Guaranteed.
100% going to happen, nothing can stop it, NOTHING.”
Well if that promised buyback occurred maybe you would get some buying pressure. Btw, what happened to the buyback??? Where did the “Select Investors” go?? Change of heart?
Share buyback PR from July:
“CEO Stephen Brown and some select Investors are developing a large share buyback offering to be announced on August 30th, 2021 and closed on September 17th, 2021.”
Never happened……
This is TOXIC funding by a company who provides these services to many otc scam companies who are desperate for financing. Requirements to get such funding is very low. Basically, you have a company with shares you can get funding. It’s that simple.
HPIL: Auctus TOXIC FUNDING
From IHUB Toxic Funding Group:
“We define the financing as "TOXIC" because:
1) Most of these Issuer have no ability or means of paying back the Notes, and the lender knows this before providing the funding, making these Notes predatory in nature.”
TOXIC FUNDERS:
** DANGER **
Oh my, who is on this list you ask? View it for yourself.
https://investorshub.advfn.com/Toxic-Funders-38356/
The track record for Auctus is not very good at all. A simple search and you can clearly see that they take many companies to court for defaulting on loans. This seems to be the business model for this company imo. Why would they grant so many OTC scams companies loans when they know a majority will default on them? Hmmmmmmm It’s almost a guarantee that an OTC scam can get a line of credit from them regardless of status. So, there is nothing impressive at all about this “line of credit”. More smoke and mirrors.
Sure, 40,000 shares X .0001 = $4.00/share
Everything is coming “soon”. Has been this way for months. More like red tide than “the tide is turning”.
So are we blaming HPIL’s continued downward trend on market fluctuation? This follows no market and is a pos all on its own.
Oh, so your saying information that the OTC has for penny scams in inaccurate? Does this include the filings for hpil??? Interesting, that you have taken a different stance. I agree, all the information that the OTC has on hpil is all BS.
“The fact that the company has come from stop to yield show the SEC has seen enough to their satisfaction that this is a legitimate company and not a "scam" allowing investors to invest if they so wish to do.”
This statement is completely misleading.
There is nothing in filing to be current or if current, to prove whether a penny stock is a scam or not.
Shorts hold 44 shares, so burn baby burn those shorts. Hahaha
LMAO.
“SHORTS POSITIONS ARE GOING TO GET SQUEEZED”.
AND:
HPIL:
Short Selling Data:
Short Interest
44
(-99.87%)
09/15/2021
The SEC should have people in the field to travel out to these companies (like hpil), confirm what we already know and shut them down as well as delisting. Also, hold these penny thief’s accountable and charge them criminally for ripping people off.
There is no upcoming news that will change the recent misfortune here. There’s only so many times you can pull the same rabbit out of the hat. This was very evident with the failed attempt to boost share value by sending the lost cause NFTs to the graveyard known as stargaze. I’m sure it won’t be the first time he uses stargaze as his personal garbage can. The “soon”, “set to launch”, “in development”, etc has lost its shelf life. There is not much left here. Zippa has been “close” for weeks now.
It just got pink current status I believe and maybe some news coming?
Wow, congrats to all. Happy Friday
Down -15%, how about another CON Call? Let’s make them daily.
Lol, he was very fidgety and somewhat nervous but took on a negative tone throughout the call with a very defensive behavior toward every question he “tried” to answer.
I do find it funny that he could not locate the “mute all” on Zoom. In one sentence he talks about “disruptive technology” that he created and yet he doesn’t know how to mute in Zoom. Interesting. Hahaha
He said “soon” quite a bit in the CON Call. As someone else mentioned, his body language is very telling. I too found his “to be honest” statement very unprofessional. It’s just something you don’t say in business especially if you are the CEO. It almost insinuates that you typically lie.
On a scale of 0 to 10 with 0 being the worst, I give the CON Call a 1. Why a 1 you ask? He did shut the camera off briefly so we didn’t see him, so +1 for that.
17 Patents? Hahaha lmao. Just like 20 employees. This gets better each and every CON Call. Wow.
Asking if it’s going to .00001 is a much more realistic question to ask.
Did anyone ask any questions on the failure to deliver on promises time and time again? Anyone? State of Texas?
“There’s no reason to doubt that HPIL can bring NFT’s to the market”
LMAO, wow statement of the day here. Hpil had set dates to launch their NFT websites and failed to do so. Why? Because they have ZERO content. This is fact as websites were only had launch date and no content. Moving these over to Stargaze is an attempt to sweep this under the rug and hpil is hoping that it’s eventually forgotten. Chances are it will be forgotten as some new tweet will switch the “loyal’s” attention to something else. Meanwhile the NFT’s will rot over in the graveyard called stargaze.
Wow, those NFTs are really working out great for Stargaze. Hpil thought they were throwing them a bone but obviously stargaze shareholder’s are not too excited about worthless garbage. DOWN again today.
More than likely as nothing new has been filed with the SEC since the Twitter announcement at the end of August.
Sure Texas. But the big difference is these companies actually have NFTs with content and value where hpil (now star gaze) has nothing behind their NFT’s at all other than a 1 page website and ZERO content. It’s no wonder this debacle was taken out like trash and given to star gaze.
I remember seeing a Tweet that has more than likely been taken down. It claimed “no more tweets”, “this is a real company and as such news will be delivered via PR, just like real companies”. “No more social media”. Maybe not word for word but I believe pretty close to what was tweeted. I wonder what happened? It was not even a day later when tweets started up again. Maybe it’s not a “real company” so let’s start tweeting again?
NFTs are worthless. Let me drop this link here for all. This is not the only source to proclaim the worthlessness of NFTs:
“NFTs themselves don’t hold any value.
The value of an NFT is whatever is the value of the artwork that it represents. So that’s why it doesn’t make sense to talk about NFTs having value or buying NFTs because they are NFTs.”
Key phrase: “The value of an NFT is whatever is the value of the artwork that it represents.” We know in this case there is no artwork, no value and thus worthless. See link below:
https://medium.com/geekculture/why-do-i-think-nfts-are-worthless-for-real-f276b5ea6f47
The moon is a bit out of phase for Star Gaze today. Looks like many did not take the NFT Procurement joke very well. You try to dump off worthless assets from one company to another is not very impressive to say the least. Investors are growing very weary on all fronts.
Wow, the charts again but only when it’s not tanking. When it starts to tank again the charts will be put away. No charts work here so doji that.
You misread that. Zippa is “ALMOST” ready. As we all know here, “almost” doesn’t mean a damn thing. With heard “close”, “soon”, “almost”, “in development” and many, many more.
No comparison as share structure is completely different, business model and products completely different. CEO completely different.
Hot penny scams don’t follow market fluctuations. OTC 101.