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Agreed that it is opinion, but opinion based on 15 years of playing the pinkies.
Actually, I'm not wrong. Just because we suppose he had lied, and likely has, doesn't prove he lied. He's got a real product out there and he can always claim and prove he's made efforts to push in the promised directions. He can blame the failure on lots of things, but if he can show he's made efforts to go in the promised directions, which he can prove, then they will not be able to prove he lied. It's that simple.
BW will not serve one day in jail because of what has happened with BBDA, AND the SEC isn't even interested.
Fact!
SSI - Added some yesterday. Total is 317500.
Big Time! I'm hoping Vanis is on the up and up. I believe he is.
I truly believe this is the quiet before the storm. Something is brewing and we will be plesantly surprised. Pure conjecture on my part; no basis in fact whatsoever. Or if you like, call it wishful thinking.
That's ok. I'm planning to use a small portion of my holdings to flip on the rise; the bulk is long.
Beware of those telling you to slap the ask. They could be lining their own pockets by convincing you to slap the ask when they are selling at that price. I'm not saying they are. I'm saying they could be.
I agree with your comments 100%. It will be hard to prove intent, and is the SEC going to spend the time on this? I believe the answer to that question is an emphactic, "No!".
You missed the point. You have to be able to prove he lied and/or committed fraud.
Is there a real product? Yes! Can BW claim he expected things to happen and they just fell through? Yes!
Prove that he lied. You can't. You can assume he lied, but he can simply claim he planned for things to happen and they just fell through. It's that simple.
The SEC will not be taking BW to court. End of story.
Who knows. I actually think he already has another start up in the works. Bevco will fold and something else will spring up. Smoke and mirrors.
BW's a scoundrel. But unfortunately, I don't think he's done anything that will put him behind bars. He really hasn't ripped anyone off. It's the stock market, right? Investors are free to invest or not. And if the stock goes south it does so like hundreds of others.
Weber is entitled to compensation as the CEO and since this is technically a non-reporting play, there are no shareholder controls. He can write his own paycheck over and over and over again. In essence, he's free to do what he wants to. There are no controls and he knows this only too well.
That's the trouble with pinks at this level. Unless he's passed on insider information that actually benefited stock holders so that they can capitalize, he's not done anything wrong as far as the SEC is concerned. He has passed on plenty of lies both publicly and privately. But no one has gained from those lies. Sure, many have lost because of them. Me included. But pumps are allowed, especially if there is a morsel of truth. He can claim all was legitimate projections and the fact that there's a real product saves him, even if he secretly knows that his projections are false.
But you know what? I believe one thing to be true. He will eventually stand before the Supreme Judge, same as the rest of us. If he hasn't accepted the Lord by that time, he will quake in fear. Do you think he'll receive mercy?
Cheap shares, yes. Revenues up and making a killing? Where's your proof? Certainly not verified in any audited financials.
The only revenues that are up are the accounts of where BW is spending investor dollars. The product is off the radar and collecting dust on shelves. Very little product is selling.
Question: What is the next shell experiment BW will morph to? You can believe it's already in the works. Morphing is the ONLY thing this scam artist is good at, unless you also wish to include dishonesty, in which case he's a champion.
Holy smokes! A voice of reason?
I'll go along with that! And thank you for your service!!
same position as me...and I bought when it was in penny land...
Could be those shouting the loudest telling people to slap the ask are the very one's selling shares...
Hopefully, he didn't mean up the ying-yang...
Good post!
oh good grief...lol
Thanks for the friendly and classy response!
Linedrive - My reply is not to embarrass you but a point to all who do the same thing. I am a former teacher so I cannot help myself because this common mistake absolutely drives me nuts!
The word "Your" refers to your car, or your desk, or your hat. It is not proper to write "your happy" or "your sad" because what you itend to say is, "you are". When you want to say, "you are" you do this: you're.
Other than that, I somewhat agree with your post...
Like soap on a rope...
Holy smokes! Who is buying up all of those shares?
Several million shares in the last few minutes.
Except the next pump, I am sorry to say for you sake, will be meaningless the same as all of the others. And folks know it. So don't expect much of a climb if any at all.
LOL!
Actually the leak refers to Pepsi TAKING a leak on BBDA...
Not trying to be negative at all. Just realistic. I do believe once this breaks .01, get's a few really good and solid pieces of news, and issues reports of strong revenues, then we'll see better prices per share. For the time-being, hold and be patient.
I'm not as sure as you are. We can't break .01 let alone hit .10. I suspect we'll continue this trend under .009 for some time. I wish not, but that's what I think will happen.
Here's what is imminent - There's NOT going to be a buyback!
The ATM machine is hurting, but folks are still filling up the well and BW is draining it.
It will be intresting to have a comprehensive list of capital goods - items purchased by investor dollars that have no purpose in the racing world. Is anyone able to provide that?
The bus is used when he goes to races. There's the cars and the boat, also used for racing.
I can't think of big ticket items he's purchased that are not used for racing.
Production has slowed since purchases of KU have slowed. So not much is used to resupply. This is conjecture on my part.
But tell me, what non-racing items have been purchased?
I bought in at .02. That was quite some time ago. Got to say, seeing the price where it is today hurts BIG TIME. But I'm holding; I can't imagine this isn't going to be REALLY BIG. I have no idea when, but it appears many mechanisms are in place for it to eventually fly.
Will like to see a marketing plan sometime soon.
Go MINERS
Miketrav69 -
That would be an interesting twist. But you are kidding, right?
Another theory - He's letting it drop to bottom levels for the buyback. LOL
Thing is, there's a real product that's not selling.
It's been in Walmart for quite some time. Walmart still won't list it on the website as a product they sell. Yet, there are literally hundreds of generic brands that they do list. I think that speaks volumes!
The same is true of Walgreens and the others. Even the so-called major distributors aren't listing it as a product they carry.
There's a real product, for sure. But it's simply there to perpetuate the shell game.
Thanks, SS1!
SS1 -
I tried a couple of times to alert you to my updated share count, but you never responded. So I don't know if you did, or did not update my share count.
I'm at 288,500.
Agreed!
Y0 - SS1
Not anything in my post was hollering at you or anyone else. I simply asked a question. Chill, Bro! I think you do a good job here. Just wanted some clarification.
Perfect! Thanks!!
Wish there is something we can do about this. Surely, the SEC must be aware...
He may still argue no shorts are occurring. lol
Yup!
I'd say that's all the proof he needs. Doesn't take any more than a set of eyes and the ability to read to see shorting is taking place with great frequency.
BW will soon have to go on public assistance, or, sell the bus, the boat, the cars, etc. so he can continue to enjoy the life of entitlements and feed his face...
This cache is drying up...
Cache - A bit of a play on words...(cash)
Defined as a treasure trove, a valuable cache which has been lost, or left unclaimed by the owner, or a place where items are stored
SS1 - Don't know if you're still keepig the talley of shares...I'm at 288500.
Agreed! I am long, but have considered selling some shares at a decent rise only to buy back at a decent dip. I haven't done that yet, with $$$MINE$$$, but have considered it as of late with the continuous rises and pull-backs.
This play's one of the best I've seen in Pennyland! I was in BBDA for 3 years. Many lessons learned there. The only way to make money in that IS, or should I say, WAS to flip. It's practically worthless now. Their CEO is a scammer and I won't be surprised when the FCC digs into his operation.
Not so with Vanis! We've got a winner here!!!