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Surprise Surprise: Scammer Vechery doing dork-all to inform MAXD shareholders about all this "cleanup" and "deals" that his agents promise he's been working on for the past year.
It's almost as if was in on the con to take shareholders money!
APRU already doing a decent job containing dilution; only 150m shares diluted in 2023.
IMO that proves a more than an easily undone reduction in A/S. But it's nice that APRU is communicating a message "we will not dilute more than ~$4m more"
"Hope" is not a strategy.
Allegations are being made of fake assets. a quick skim of the last 10q is concerning: a single shareholder has 83% of the shares. This means common shareholders are powerless.
When a single owner has majority control, they don't "have" to do anything. they can take the company dark, delist it, and stop reporting anything to anyone, and suck all the assets out leaving nothing but a useless corporate shell.
Looking at the latest 10q, i see all of the "profit" is being poured into buying "intangible assets". These intangible assets have fishy written all over them.
(k) Intangible assets
Intangible assets consist of 30 years use right of Fruit vegetable franchise base and are recorded at cost. The cost of fruit vegetable franchise base use right was amortized over 20 years using the straight-line method.
the book value of intangible assets started the 2022 year at $123m. This means they should depreciate *AT LEAST* $6.2m (5%) ... and even more if they've already depreciated previous years from a higher cost basis. yet, the entire depreciation (tangible + intangible) for the 2022 year is only $300k.
The first 6 months of 2023 indicate only $70k depreciation, while another $5m of these "intangible assets" were added.
So questions investors should ask:
- What/where exactly are these "use rights"? Who is the counterparty?
- How do they know the price being paid is fair?
- Why are they not being depreciated on the books?
Yes it would make sense if TIO got included in some indexes automatically upon uplisting.
Apparently Deloitte dropped the ball by not actually reviewing TIO financials before their certification.
It sounds like this is a classic case of everyone else trusting everyone else to do the actual due diligence, and therefore, no one does any until Hindenburg shows up and laughs at the rubes.
Most shockingly: Dr. Dozy is not a doctor!
My understanding is that many "institutional" holders are in fact brokers holding shares on behalf of their clients, as per the clients' investment wishes.
If these institutions bought TIO shares for their own investments, under the delusion that it was a legitimate company, then hopefully the analysts who made the recommendations will be terminated. This will permit them to start much more productive careers as dollar general cashiers.
'399 patent has expired. It was already worthless before, but now it's even extra worthless now.
It was already out of trips, back in 2021. you missed the boat!
Consider it a tuition teaching you how to avoid obvious scams.
I thought they won't say "we're in the nickel-a-can copacking business" because it was actually Lena doing this copacking, and Tony happened to be nearby and took pictures in a business which has no relation to APRU?
Publix would be crazy to pass up a product which Walmart already rejected years ago!
Tony is too busy closing the Japan distribution deal.
You gotta be patient, these kinds of business coups don't happen in a mere 5 years.
Looks like it's been 1.5 years since this M&A pump scam for "Smog Armor" was announced.
Penny stock history tells us you're not going to get any more updates.
Good luck. I'm worried that the management may have turned to the dark side, and transitioned from merely being bad business operators, to actively using a penny stock for self-enrichment.
Without an understanding of why revenue magically appeared and/or confidence that there's sustainable profit to be had here, it seems too good to be true IMO.
Tony wastes $1,000,000 at a time on bogus stock promotions.
The tiny $120,000 price mentioned in this link is chump change for serious stock scammers like Tony. I'm sure the APRU CEO would laugh at this small-time operator.
Could be worse, could be a 0.0018 close. ... oh, wait ....
boy, if this keeps up, people might start to suspect that losing money & lying to shareholders is a bad strategy for a beverage company!
That 0.0020 "base" sure didn't last long. Maybe the foundation is made of sand & lies.
So much for "Hutch's great reputation" solving all of HDUP's problems!
Well this had a nice pump & dump in 2021.
Easy come, easy go. share price back to where it was 4 years ago.
No idea how successful Sortis has been or will be with its conglomeration of assorted businesses, and I imagine shareholders are similarly unaware since the stock has gone dark.
Yet the price keeps dropping. Who's selling?? 3 million shares issued to insiders were unrestricted in the past ~5 months. Have they been dumping??
Why does DGWR management suddenly know how to make $100k/mo profit after years of losses?
Why is the entire market cap lower than 1 quarter's operating profit?
A lot of people with shares are acting like these numbers aren't real or aren't sustainable. Insiders should be gobbling up shares at 10x the current price if they knew these profits were sustainable.
Another $3m lost in Q3 alone... that's $1m per month in operating losses.
7 million shares diluted in the past year. Yikes.
Regardless of the "cycle", ELYS definitely turned out to be a "bust"
Only 'shallow analysis' was needed to correctly conclude this was a doomed investment.
Buying into a software company that tells you up-front "We cannot make profits until we've been operating for 7 years" is ridiculously foolish.
Sometimes the "complex analysis" is just a way to trick yourself into throwing away money on a transparently bad idea.
Do we need to wait the full 6 months for you to admit I got this stock correct?
Or are you willing to admit that the market has proven me right sooner than that?
SVTE has nothing to do with the new d.b.a. Delta Stag.
So, yes, Delta Stag is operational, and presumably making its owners a comfortable living. Those owners are not SVTE shareholders.
Good volume today; lots of dumping
Latest was 1 year ago. Halpern stole your money.
1 year anniversary of MAXD's last filing.
If Greg Halpern was working so hard, he'd work on informing shareholders via filings how much more money he's stolen from them over the past year.
What exactly did Ross say to you?
You've intimated previously that you'll "take tony's word for it" during his past 5 years of failures, so I'm not seeing a track record of picking winners here.
Tony hasn't shown any competence previously. Why would anyone believe he's suddenly developed any recently?
Apparently Lena Brewing is thriving, while APRU sales continue to drop. This makes any kind of acquisition of the former by the latter look more and more distant.
As I predicted: Attia lost his appeal. The Attia lawsuit against google is fully dead. It's time for desperate suckers to give up on their dream that MAXD is somehow going to blackmail google for billions.
From the appeal court opinion:
Because Attia has not identified a viable non-duplicative theory of breach of the implied covenant, we affirm the judgment.
do you still find this lawsuit "interesting," Mr. Loophole Lawyer?
All of the social media & websites for HDUP's various "partners" and "acquisitions" went dead Feb 2023 or earlier.... right after the last pump gave insiders a lovely 0.10 exit ramp.
HDUP investors got Kellner'd... again.
See you in 5 years for the next scheme.
What are these things and when will they result in profits?
Halpern can't even afford any more "MAFIP" press releases. He's been reduced to getting anonymous internet posters to spam links to google docs in lieu of paid promotions.
How's he going to afford the court filing fees for a lawsuit??
He's bankrupt and homeless!
Greg Halpern almost surely won't file any lawsuit.
And if he does, he will lose in court... as usual.
No thanks, being a spectator suits me fine.
tldr; Greg Halpern plans another bogus doomed lawsuit.
hahah i cannot wait.
Based on the oral arguments, I believe both Attia's appeal & Google's appeals will be rejected.
Attia got himself yet another lawyer, Myron Moskovitz. Moskovitz was underwhelming. He claims the signed Attia / Google document "is not a contract". Judge Bromberg very quickly asked him WTF he talking about, and Moskovitz backed down.
Moskovitz then tried the argument that Google had breached a good faith clause of the contract. Judge Lie asked him to explain how this was distinct from the trade secrets claim that Attia had already lost at trial. Moskovitz apparently failed to deliver a decent explanation because several minutes later she repeated that she needed him to explain how this was not settled fact by the trial decision.
During all this time, Judge Bromberg was actively challenging Moskovitz. Judge Wilson was silent. Moskovitz went over-time.
IMO Moskovitz was simply not capable of making this appeal work. He's either a bad trial lawyer, or a decent trial lawyer who knows he's got a losing case but will put in decent effort to justify his paycheck. IMO he wasted a lot of time spouting irrelevant claims & trying to build an appeal-to-emotion.
Fred Rowley argued for Google. He was brisk and kept his feet out of his mouth. Rowley made a half-hearted effort to argue that Google deserved costs because Attia's lawsuit was so frivolous. Judge Lie told him it was "high hill to climb" for the appeals court to overrule the trial court's discretion, and Rowley capitulated. Seems like Rowley was barely going through the motions on Google's appeal, and that Google doesn't really care much about trying to get money from broke Attia.
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Some quotes i found funny:
...
Moskovitz: "google estimated they would make over $200 billion / year on this" (google's 2022 revenue was $280b)
...
Moskovitz : "this is not a contract"
...
Bromberg: "So this is a 6 month long contract."
Moskovitz: "Yes. So? I mean-"
Bromberg: "I am trying to understand why forming another company after that time period breaches the covenant of good faith and fair dealing"
Moskovitz : "Well. This is- This whole thing was written by Google. Alright? Attia had no input into it."