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Good post mike, really put it into perspective and made it a little more clear. I would want to Cover my A** as well if I paid for my financials to be audited and then they were questioned. Better off making sure.
On the other hand, maybe he can give us a quick tweet on whether or not the audit is complete?
I guess another way of looking at it is... It might be complete but if they decide to go with another firm to get credibility, then it would be incomplete.
Therefore... There isn't really an answer as to whether it is complete or not.
IS THE AUDIT COMPLETE?
Nope canada will not be trading for a long time. I had a HUGE feeling this was going to happen... I knew the SEC was going to be another reason/excuse to drag this on longer and continue dumping shares...
Not any part of that PR even expressed whether the Audit was complete or not?
I appreciate him giving us something in the end
The only purpose was for audit was to lift the CTO yes... But, if your going to pay for an audit anyways you might want it to be from a credible firm?
I don't think the price would tank. If we actually received an audit than I would not want to sell my shares because that means everything he said is true and big things are in fact coming.
So any Canadian who sells their shares after the audit came would probably regret it after big news came to follow.
Think about it... A pink sheet stock with audited financials and a new movie hitting the theatres with financing on the way as well.
Like I said before, most people are not "bashing" about the audit and unfulfilled promises. But it is pretty crucial to have this audit and a simple tweet regarding the completion of the audit would suffice for the moment.
He is late on his deadline that he press released. Shareholders have the right to be peeved right now IMO
If we get an audit I will start doing DD again and making massive posts to inform new comers. But for now, I have too much resentment towards the company for locking my shares up and then going silent.
He needs to understand that these movies don't matter to us without audit.
The audit is officially late. The auditing firm in which he is using to conduct the audit is under an investigation by the SEC.
Should I really keep wondering if the audit is coming? Or should I request my shares in certificate form and then use them as kindle for a camp fire?
I agree with all you said, however, what good is a bunch of new films and shows with a CTO in Canada?
He could have Seth Rogan and the Kardashians for all I care. My shares will still be worth absolutely nothing.
If he isn't planning on putting out an audit then why bother getting our hopes up? So maybe there is still a chance but I don't see much positive left...
I don't know how anyone could actually look at this stock and think it's a smart "investment" at this moment in time.
But guess what ladies and gentlemen...
We're AHEAD of the CURVE remember!!!!!!
So happy I bought before the curve into a dark deep pit of S***
It got quiet here because every time he hypes something up it turns out to be nothing and let's not forget... He put out a PR to the public saying that the audited financials would be completely uploaded by the end of January. Well were in February now and still haven't heard a word about them. In fact... When I addressed him on Facebook through a comment (in a nice a respectful way) he deleted the the comment within 15 minutes.
I believe it had to do with the fact that they went current. Must be a rule about being current and operating from Canada then Sedar steps in...
I'm not sure but that's my guess
Nothing Ed has been saying is coming to fruitation... I'm not a basher I am just a Canadian bag holder who got sucked in before the CTO was placed.
This stock has always "looked" good and I believe this COMPANY will be successful. But, at this rate, the company might succeed while leaving current shareholders behind.
It's not a question as to whether or not there is dilution. There is. Period.
The float was 235,000,000 when I bought in one year ago.
It's almost a billion now (1,000,000,000)
Which is fine because you need to create a market and grant shares to pay for everything other wise why would you open up a publicly traded company.
I've just seen it too many times where we get promise after promise and nothing comes.
Audited Financials for a pink sheet is rare and the fact that he keeps coming up with excuses makes me realize that my chances here are slim.
Anyways enough with my rant. Good luck everyone and the day that CTO lifts I will be here to find all the DD I possibly can and watch L2 all day long!
Waiting for that Sedar update
We should either see audited fins this week or a tweet explaining why they are delayed again
LAMP = Lampost Capital L.C
" Market Making - The Lampost trading desk can make a market in hundreds of OTC securities at a moment's notice. Doing so reduces the number of intermediaries and the costs involved in such transactions enable the Firm to retain more control over the orders, which often result in a more efficient and timely execution of your orders. "
And.... Also off the site
"In addition, the Firm will assist companies seeking OTCBB quotation and DTC eligibility."
LAMP is here to create a market and potential up list us?
LAMP mm gone now
Tic toc on the audit
Audited financials will run this with the news coming. Just the audit alone will give enough investor confidence to slap this up to penny land.
He has been on the ask for a while but now he came down
Fishy how Ed just posted a Facebook post about Simeon rice having the top party and then LAMP market maker shows up on the ask with hidden shares.
Imagine fins dropped this morning. It would be BOOM TIME!
what was the point of holding the share price above 002 for so long with barely any dumping and then dump wack loads of shares down here?
doesnt make sense to me yet... wish i understood the game.
he has enough news under his desk to keep the share price above 002 with dumping like this even so why not get more money for shares?
I won't speak until the new year. But I have my doubts that he will upload anything.
I know disappointing to sit here and watch it happen
I'm a shareholder too and I speak truth about the stock. I don't talk only positive just to lead people on. I do my own DD and I used to share it on the boards when it was exciting...
But now my shares are tied up and locked and can't even trade them if I wanted to. So why am I going to sit here and waste my time researching or waste my breath here? SEGI is like
A cancer to me.. I have to check it every day because maybe... Just
Maybe he put out the audited fins and I can have access to my shares again.
I wish I sold out on the last big run from trips to 0.004 and said bye bye to this show. When I bought in the stock the float was 235,000,000 and now were quickly on our way to a maxed out 1 billion Shares floating around.
This is obviously dilution the last week. The shares are increasing by the day.
There's a lot of people on this board who know this is dilution as well... It's unfortunate that I have no choice but to read about this crap.
I would love to see audited fins come and see the great news we have all been waiting for. Would be great.
I don't care about your show WE NEED UPDATE ON AUDIT.
Period.
Sincerely, an overly frustrated bag holder
Come on audit!!! Lol
Audited Fins! Come On!
Done and done thanks Mike
Sticky Info:
I became a mod a while back with intentions to keep up with the DD but I have been working night shift for way to long and out of town on top of that. I have been following ihub and twitter from my phone but can't edit posts or stickies as much as I want.
If anyone has something they want stickied please let me know and I'll do my best to make time and switch out that "out-dated" Judy garland stickie for it.
Either mention in the post that you want it stickied by Marc or send me a private message with the Post # included and I can edit that way.
Thanks guys and sorry I can't keep up as much as I should
Go SEGI!!!!!!!
That's a good positive attitude. Hope your right buddy
What happened to "Home stretch on audit ?"
To me that doesn't mean another 2 weeks after his 2 week ETA...
Can't trade smart with a CTO
Sorry guys just disapointed with the lack of "updates" regarding our current situation.
It's been a month since he said "eta on audit... 2 weeks"
It will pick up around here soon enough. We are all ahead of the curve lol
Is there any plans to go current here?