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Do you suppose their employees will dump every share they own today or spread it out over the rest of the month? Or do you suppose they'll hold and sell for much more than 6 cents a couple years from now? Where was this huge selloff when the S8 was initially filed? Why did 200k of today's shares get traded above 6 cents?
Rich? That's a $105 transaction, without fees and that's assuming you we're given the shares to sell for free. Buying this garbage will never make anybody rich.
Yes, I followed your advice and I am now headed to the poorhouse
Yep, this is complete rubbish. This stock should just be revoked and forgotten. Nothing happening here, obviously.
100 days or so until the stock is revoked and stops trading altogether.
Actually, that logic would only work if somebody was buying that many shares. Of course, that is nonsense, nobody will ever buy that much of a liquidated shell
What took the SEC so long? This scam hasn't exactly been a secret and nobody involved has even denied the accusations.
Wow, that's amazing. I might retire today. Oh wait, the volume has completely dried up because this is liquidating, so no trader could've really made anything. I'll celebrate bt buying a value meal today instead of buying off of the dollar menu.
What was that? A 100 share order to drive it from 7 cents to 16 cents. This is setting up badly. 5 cents coming soon
Because I took your advice and bought at much as I could. Thanks to you, I'm completely broke now.
Bouncing? The volume is zero!!!
Next stop...1 cent
I thought you were buying up all of the 10 cent shares? What are you waiting for?
Do you know that those numbers are made up? Nobody has proven or audited them.
That's nowhere close to the actual bottom. These shares are way overpriced right now
That's great news!!! I hope my 1 cent buy order fills soon.
My bad. There's some more worthless shares hitting the market.
What 1k? There's only been 400 dollars worth traded at .0017 today
Correct, it is worth nothing in a Chapter 7 liquidation
I hope so!! I followed Value-Investors advice and took out a 2nd mortgage to buy as many shares as possible!!!
Apparently somebody who isn't actually serious about buying 2M shares or the volume would've been higher?
Nobody ever buys out Chapter 7 liquidated stocks.
Based on unaudited, fraudulent financials? I think not.
Why would there ever be a run-up here?
Are you surprised? It's in Chapter 7 liquidation!!!
Be patient. There will be millions of shares under 10 cents.
Ha ha, very true...
I would say anything below 1 cent is worthy of a lottery-ticket-type of gamble. I would imagine this will get there by the end of the year.
Pfft. What "analyst target"? These guys went dark a year ago and auditors resigned. Nobody has any target on this fraud.
I guess Pope is out of options. They got trapped. If their options are no payment at all (since JGBO went dark and stop filing) or to accept toilet paper shares as payment, then I guess accepting shares is better than nothing. Not by much, though.
Zero buys, zero interest....
Of course it is illegal. That is the Chinese way. The SEC is useless and will not go after anyone in China, which is why all of these Chinese reverse mergers are getting away without any punishment.
Yeah, sure, they sent you an email even though they can't even file their quarterly reports anymore.
This board is very entertaining to say the least.
That's not 100% wrong. They bought JGBo before it was discovered as a fraud. Now they're stuck with toilet paper shares.
If there was any liquidation value here, don't you think a big money player would have bought up every share already?
900 shares traded today. This board is hilarious.
Ha ha, sure, we will see. Check back a month from now and this will either be at the same price or lower than it is right now.
This might hit 8 cents by the end of the day
Even if that were true (it's not), 100k shares is hardly enough to push this higher. 20 cents if you're lucky.
Those shares are shorted at a much higher price, before the fraud allegations and auditor resignation. There is no logical reason for anybody to cover at this point.
How about updating us on the bids? What is the next bid, 1 cent?