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Nothing will happen to the officers...this is how America works...looks like we'll be seeing 0.19 finally lol. All that will happen after the R/S is another rinse and repeat. Sucks for the area that could have actually seen job opportunities come out of this. I know I lost a lot here, sure others did too. At this point not really sure what will happen. Maybe in a few years I'll have enough from this company to hopefully buy a coffee from Starbucks.
Thanks for those pics. Will come in handy. Hopefully we can get a group of people together willing to pursue a lawsuit.
You need to be a holder. Unless you lost like 30k the fees for a lawyer won't really be worth it to get my 5k back. But wait...after the suspension we may hit 0.19 lmao.
So my question is...say that was granted and the company dissolved. We never found out financial plans for the studio. Do we even know if contracts were signed? All our money from diluted shares...where does that go? His cream filled donut fund.
There aren't after market trades in penny land my son.
Wow a whole $3.2 million. 7 months is short term to you?
Box office is short term...which was my original intention...to be here short term. Its a penny stock I don't want to marry it. The revenue you're talking about comes over years of owning the stock. We sit at .0017 at this rate by August we will be in trips. So yes, theater release is more important imo to get the stock some momo to move up quick so I can get out of this POS that Manu created.
3.2 million is still a dud. That's pennies with an OS of almost 2 billion now. I'm not going to argue with you. Box office grossed 646k...if we have to rely on the other earnings outside of theatatrical release for Yellow we are in trouble.
Not quite. Let's just hope this makes well over $3.2 million box office and everything else combined. I just want my investment back.
I was referring to box office earnings. Sorry if I made you cry dude.
Alpha Dog was a good movie. Yellow definitely has a chance because the director has previous movies that have generated substantial revenue, but I'm worried about the continual dilution. The PR said it would be reduced or eliminated...so at least we know it will go down some...that doesn't mean it will stop.
That is incorrect. Type it in Google and you will see the gross earnings are $646,000.
It was a dud. $72 is only US release revenues...I believe total it made a little more than $650K internationally speaking, which is still nothing. Yellow is hit or miss...judging on the incompetence of our CEO I have my doubts, but who knows until it's released. Until then we see trips if dilution continues.
Key word in that is "reduced"...if it was eliminated what would be a reason for a 5 billion AS. In other words, instead of diluting at 500 million shares a week he moves down to 450 million a week. This is looking more and more like a reverse split every day. .002 support broken.
As long as everything falls into place this will go up. It went down because of dilution and no substantial revenues. We will find out soon enough come the end of August. I agree with you.
If he dilutes to 5 billion, with 60 million in revenues and no debt (which isn't possible since the studio plex is a lot of money, not to mention other debts) you're looking at a little more than a penny. If he controls dilution and stops it once Yellow starts generating revenue then maybe we have a chance of getting back to .03. If the OS was still around 300 million I'd agree with you. But each share diluted at .002 is just going to mean this will take even longer to move. Manu says 2 to 3 years I'm thinking this is a much longer turnaround than that. The current PPS is a good place to buy though as long as .002 support isn't broken. Just my opinion. This could very well run at any time. Good luck. I'm in long as well.
A tweet instead of a PR is retarded and unprofessional. Not to mention the fact we were expecting the release to be soon, not three months from now. Momentum on expectation is lost now...if it wasn't we'd be out of .002 land.
I bought in the low .02s and high .01s lost all of my investment from this POS. Stating the facts. If that gets your panties in a bunch then that's not my problem. Continue to believe this asshole while he spends our money on pastries and other sweets.
According to Twitter it will be released August 29th. So I think you are correct. No revenues for a while and continual dilution. I've tried to address him concerning the dilution, but he only responds if you kiss his ass or praise him. Any tough questions he avoids completely or just says to believe. He's a joke of a CEO and hurting the company tremendously. I wonder when we find out anything on financing?
Where is your basis on this assumption? From what I see it seems Manu only cares about diluting closer to the 5 billion AS. Every time I tweet him in regards to anything mentioning dilution he has no response. Doesn't look good for us imo. At this point I've lost everything so it doesn't matter. Your opinion is always respected. Regards Dr. P.
It will get there in five years with a few reverse splits.
Yes, I agree it's very possible. We need good news Thursday and reassurance as to what is going on with the OS, any information on the financial plan and any future revenues. Then this will be in good shape. Still holding so I hope I made the right move. We shall see. Good luck.
No, it's trading where it's at because most of the diluted shares were sold well under a penny. I am guessing between 200 - 300 million shares were dumped into the market. Dilution makes a limitless supply of shares...it's why the price is where it's at now. Had the OS stayed around 300 million and the volume increased to where it is now we may have hit .03.
The PPS reflects a huge OS of at least 600 million imo. Hopefully we have some news regarding financials and there plans for funding the studio plex so we can move up. I just hope we don't see continual dilution to the 5 billion AS and then a reverse split. Only time will tell.
Why do you care what his prediction is? The stock sits under half a penny. Manu ruined any chance of this running beyond 3 cents a while ago. We need a miracle for this to go anywhere and with the OS getting larger every day we will be lucky to get back to a penny.
Well if you're Manu you can hope, keep the faith or BELIEVE according to his tweets lol.
Charts don't mean shit when the CEO is diluting 10-20 million + shares daily.
Every board I've ever seen him post on the stock goes down so I wouldn't doubt it.
I saw maybe .05 to .06 cents. The increase of the AS killed this a while ago. Manu's going to dilute this into the ground and then RS just like every other penny.
Dilution alert. Even when this does bounce we will be lucky to see .01. The OS is too big and with the 5 billion AS we are only going to keep getting closer to it. Manu needs money for his donut fund. His fat ass isn't using it for a gym membership.
This isn't going to .05 with the dilution. The OS on this is over 500 million at this rate and it will continue to get closer to 5 billion where the AS sits. Just another incompetent CEO.
You're the prodigal son. Can we see another post where you say dilution lol. Like we don't already know that.
Doc,
Are you concerned because the dilution/sell-off today made us break several supports. We also broke the MA50. I also apologize for earlier. I was just stating my opinion on the AS, did not mean to come off as negative. Tomorrow is another day. I just hope the dilute into news and there aren't major sell-offs like we experienced today. Have a good night.
If the AS increased to 5 billion that is why we saw the plummet today. Anytime the AS increases it leaves room for dilution, in this case, it increased 10 fold. Over 40 million in volume and down 40%...it's not hard to figure out. Typical for pink sheet stocks. I guess this time around I believed the CEO, but he doesn't care, it hasn't affected his life in anyway. I'll see how this pans out over the next few weeks, but most likely this is not going anywhere unless dilution stops, which I highly doubt otherwise they wouldn't have increased the AS. I'm sure he'll enable his twitter again once the stock stabilizes again we will get massive pumping going on or stock promotions so this can get back in the 0.02's or 0.03's so people can dump. Good luck.
The stock bounced off the .0175 support which was the bottom part of the ascending channel. Whoever bought at those prices got lucky because it was a quick bounce upwards into the .02 cent range. We closed at .0226, testing the MA20 at the EOD. The stock isn't going to skyrocket, but I believe it should stay between .02 to .03 cents for a while. We know the O/S increased to 327 million shares from the 10k that was released, and even with that increase over the past few months here the stock sits between 2 and 3 cents when it was once subpenny not too long ago. A 500 million O/S is nothing in penny land.
Short term you can make a lot of gains off this stock if you buy at the right prices and sell at the appropriate times. Not every person in here is looking for a long term investment in this stock. After all it's a penny stock. Your points on the fundamentals don't come into play when looking at this from a T/A standpoint. Yes, there was a huge drop today, but the channel never broke and it rebounded quite well. Any healthy uptrend comes with pull backs, otherwise you have gap ups and people normally get burned (i.e. pump and dumps). That's my 2 cents and the post wasn't directed towards you. Just anyone looking for short term gains. You can learn a lot just from the chart.
Cerp next week .004s. What a turd.
There are no contracts so everyone that keeps saying a 10 million dollar one is coming stfu. This company only cares about dilution to get the RS intact so they can continue collecting salaries for doing nothing each year. Maybe they'll have a pump soon so I can get out and regain some money from their false promises.
I have lost confidence in this company. If we could hit .017 to .02 soon so I can get out I'll be happy. The recent change in PPS was from the pinch as many stated. Until this breaks .01 it's not going any where and we need news for that to happen.
This company is a joke. Continued dilution to no end. This rate mine as well dilute at 50 million a day to get to the 2 billion OS and reverse split. It's obvious now that was his intention all along. Rinse and repeat. Taking a year pay cut doesn't matter when you can ensure company survival for future years of a salary.
Could be because this company sucks. The Q3 was horrendous and any attempt of a run gets crushed from continual dilution. How you can still pump this shit is beyond me. It's going down. Not up. These are not discount buys. The possible pinch never happened.