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It is to be expected, they got 200M yesterday to sell
Hopefully they PR the end of share conversion it's the last one, when done I think we are good
He wont dump if JP gets paid. So the big question is how the current company pays him?
A startup company with questionable financial existence needs half a million ti pay their dues to JP
First ask him how and where he will get the $450k payment for Mr. JP.
A yet to established company, is already down with $450k... and they are talking about getting into $5 pps lol
It doesn’t matter wether we hit rock bottom or not whats after RS is the most important part of this. Can they manage to keep the pps or will go back down.
and if they don't RS, they could have gone to 0.02 and start the dilution from there. which in turn they can make more money.
LOL, Sir ! you have won the stock board master today!
Nah, sorry I might have come off as an annoying one here, its just that This stock is supposed to be one of the best to run silver but all is gone.
Correct me if Im wrong, does adbux is one of those advertising platform that pays people to watch ads?
Base on their recent filing they will make a website and apps where user can purchase branded materials and at the same time gets rewards by form of adbux?
Why send me away when I am trying to get answers and eventually give some resolution on my losses here?
I don’t work at facebook but I do know some since I am a software engineer myself here in san francisco.
I have some a little tiny wee bit of a connection.
So trying to understand their company in order for me to make a more than wise decision is a no on this board?
The company’s tech idea is good but my problem with this is that when they say facebook is eyeing them, it becomes shady to me,
Facebook doesn’t have to spend a dime to have a bitcoin integrated on their system. They can tap Coinbase as an example to be part of facebook mobile payment. They don’t have to hire or train tech for maintenance, since coinbase is one of top bitcoin provider for anyone interested to have bitcoin
If they play their cards right it might be good but I have seen these type of technology already, you can even use bitcoin in select stores to pay for candies, in the philippines you can use bitcoin in 7/11 stores to pay instead of cash.
Some restaurants has an option to pay using bitcoin, even taxi’s
LOL!, Must do a RS for them to pay JP a whopping $400k plus within 58 days from now.
That is true, that is why I am dumbstruck on these, scenario.
If they need money to fund their yet to established tech ideas, why not make a grand PR about it.
They could have made more money since these has a potential to run to .01.
I dont even understand why they need to RS, they owned 50% plus of the stock, that they can dilute if they wanted to.
I believe they can't cancel the RS because based on the legal agreement, it has to happen inorder for JP to secure his 100M escrow leverage if ever they dont pay him. And also by January they need to pay JP, wondering where they are going to get that big money.
I dont want to agree with you but this is somewhat heading that way. If a startup company going public without a tangible tech to present. I feel bad to the money I invested in here.
That is what I am curious about what kind of technology they have that a highly skilled facebook coders cant recreate, if they are eyeing to be acquired why go through the length of going public?
They can sell their technology if ever existed, without going public. They can go straight to any interested buyers and sell it. Why go on public to get investment for what?
On what kind of technology they have that facebook cant recreate? Do they have patented tech?
Here is what my basic understanding:
His ownership to old reduced shares will be canceled to prevent him from selling it since the new company owns it.
Now to make sure he will get paid, or leverage just in case, he will be given a non tradable new shares that will be in escrow.
Im not sure coz it did not say retire it only say cancel which would mean his ownership to the reduced share will be canceled if it says the share will be retired it can mean the share will not counted anymore as tradable... the wordings really is confusing
The C ompany shall take immediate steps to prepare an S-1 registration for the Company to issue 200,000,000 New Shares. 100,000,000 of the 200,000,000 New Shares issued by the Company are to be held in escrow
No an addition. 200m by filing an S1
100m to escrow and 100m to sell
His old stock before RS will be canceled and he will be given a new shares which is 100m that will be put to escrow, it will only be tradable if ever the new company failed to pay him the amount of selling the company.
Same thing what they did on the past deals they have
I hope your right, I am somewhat skittish on this one, I lived in san franciso and seen a lot of startup companies come and go competing to stay a float.
for now I consider this as one of those. You know even a basic website for their product is yet to come live.
It makes me think twice. Lets see in time when they reveal their business model.
Question to everyone, What is the difference between adbux mobile payment and facebook existing mobile payments?
I have read earlier as one of JP's email response, that facebook is looking over adbux with interest, why?
what adbux has that facebook mobile payment do not have?
Why my etrade account is having a hard time filling my order on the ask? Inspite of the abundance shown. Hmmm hmmm
if we see 34, expect to see high 20s tomorrow
Its the usual when there is no buying pressure. Plus people are willing to sell. We see teens by Friday if it remains like this. Hopefully news comes bfore that
Remember that 32m that got bought up? cdel is the seller of the day
only 2 seller now at 21
Tax loss people, Tax loss....LOL!
But its too early for that.
Yeah If they truly want to sell it they can stick it right on the bid.
What difference does it make, if they want out from OTTV.
No they are retiring some, He was talking to some shareholders and making some deals to retire stocks
With his track record he does. though very late but most of the time, he keeps it.
That is why there are some people like me, who are just on the sideline lurking to buy whenever this goes cheaper.
Yeah, Same here, I guess the reason why I am confident on my app is due to not trying to make money out of it. Just want it out there to help people and saved life. On top of that I lived in SF, so tons of free info and networking are available to just share and learn.
nope not too many just some guy want out to leverage on the end of the year tax loss. Since this stock won't move until 1Q.
That is nice. I am also developing an app, its on 2nd phase and hoping Google will collaborate with me.
goodluck!
Here is the link on their fees https://us.etrade.com/what-we-offer/pricing-and-rates
They do thats what I’m using right now. 0 to 29 trades/qtr is $6.95 after that us $4.95
if you buy equal to what you got at 9 you will average down to 7.5. So buy double of what you got at 6