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Thank you for the up date on rule changes.
I agree that it doesn't change underlying fundamentals at all.
My understanding is that the appointment was tied to preferred share
offering and major taker's placed member on board as watch dog.
Where did you get information?
Has anyone received dividend as yet?
At least it still trades.
I got sucked in on share reduction and cloud computing,hopefully it comes back as it wasn't far from .001 when I got in.
Not to bad an average, some like myself are in much higher 0.03 or so and are hoping for at least a break even.
It was Hybrid when I got in.
I haven't received mine yet either but it can sometimes take a while to receive depending on your broker etc..
A "quorum" led and by and for common share holders might make sense if members with the necessary skills,ability,time and willingness to do so can be found and installed.
Has anyone heard back from management besides John?
A letter or other communications from anyone as to "new enlightened"
direction or at least how to stop hemorrhaging PPS?
Viable communication channels?
What about the people that had deer bay which morphed into bflx?
Off the top of my head I think it's around June of this year. P.S.
I also liked the way you broke down the math thanks.
From post #23617 and some follow up internet probes.
All this commotion and it was only 60,000 for promo.
At least it was to be paid with stock, or at least that was my understanding.
Has anyone been successful in attempts to reach company or new owners? I have tried phone and email without success so far.
At a initial position of 0.05 leaves after R/S 2.00 for an even break.Or my math is faulty. Perhaps we will find out where the 50,000 units that went to production supposedly months ago disappeared to if indeed that event ever happened. Good luck to all.
Maybe we longs can finally recoup at least a portion of our initial investments.
Hopefully, but it's not showing on my screen yet.
Maybe that a turn around is going to happen with this after the R/S settles. At least that is what I'm hoping for as I'm in at a nickel on this one.Good luck to us all.
Probably like the rest of us that have bought in to this and have watched it drop from .01 to .0008, take 100.00 to 1.00 like magic.
It looks to me that these sells cost more in commission's than the price of stock sold. Selling at a loss either for tax purposes or some other reason.
Has anyone been in contact with mgt?
Does anyone have viable contact information for the new owners?
Can't seem to find much on my searches.
Hope they turn this around soon as it's been in a slow slide for months from 0.01 to 0.001 and needs solid news soon of something.
The issues with osg and the markets in general are market conditions and this company still appears sound to me at least.
Not sure how to feel about all these "revelations".
I bought into the hype and only hope I can get some back.
I haven't had any messages returned for quite some time.
Hopefully the 50,000 units will be made and this flies but we havent heard news in a while.
It may prove to be a good thing that the company is buying up shares. With luck they will be retired.
Interesting the number and nature of posts recently.
I put that question to my broker(online) and haven't gotten an answer yet. It's been a while and am considering changing brokers.
I also had been trying to get information from anyone involved.
I had hopes for this product line as needed and beneficial.
If this is a true state of affairs then what are the options left to us the shareholders?
Still waiting as well hopefully it picks up.
It's been awfully quiet here this weekend.I am still hoping for a positive release sometime in the next two weeks.
My online broker wants 700 extra to complete trade as they say its not eligible.
But thank you for the link.
Becoming DTCC eligible would be a real good start.
While I don't have a crystal ball I think we are going to be happy with results.
In a nutshell 1 preferred = 200 shares = $140.00 then 12 to reverse split 200/12 = 16.6 with the 0.6 returned as cash value calculated at time of conversion. As an aside I have not converted yet though the divy is reduced on the preferred's.
I really don't know but i wouldn't think so.It's based on earnings and expenses like usual and I haven't seen anything to make me think that anything has gone wrong with the company. Remember the preferred's earlier this year to pre-pay debt and position for this time period.
Personally I think it will be similar to the last few.
In my opinion it's sympathetic to OSG even though as far as I know they are not tied together financially. Except by virtue of being
in the same business. I would think this would strengthen DHT's position to compete for current and near term shipping contracts.
No trades yet today?
Low volume today looking for up tick in cumming weeks.
At least CC addressed issues and looking positive in my opinion at least.