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If the price was 0.0001 maybe worth to invest some money waiting for a massive p&d, but at this prices is way too risky. I bought ADCS (or ACDS I honestly don't remember) long time ago, and luckily I was able to flip the stock with some decent (not massive) profit. Luckily you will make a killing, but knowing the operating pattern of some people in the OTC Markets that is highly unlikely.
Wow is this scam still trading? I thought that BW was going to be in jail by now...
JMHO
You could lose all your money too if this go to 0.0001 and the RS, so is a risky business
Lol I remember when this scam was called ADCS or something similar. This guy (Newbauer) is some serious piece of work. How we get to con so many people is beyond me. He had the same fuel/school card idea when he was running ADCS, then the company ran out of stem and he did a RS and into the new shell we go...
The stock is kind of death. Hopefully the company will not do a R/S
Thanks, the scary thing, though, is that the company has too many AS, is like 6 billion, isn't?
This company seems like a good gamble. Hopefully they will not execute a R/S
I agree, even at 0.0003 seems like a good gamble.
I have been sitting on the 2's for a while too. Good luck, hopefully your order will get filled. If mine doesn't, I will jump to the 3's next week.
You would think that with so much money BW already scammed through the years he would be able to financially stand on his own. The fact that he is completely broke is a clear evidence of his low intelligence.
I know, he has no shame. You would think that after so many years of pumping and dumping the stock he would have enough money to build a real company (not this scam), but he is totally broke. He can't even list Koma in Amazon anymore, and that's just a shame.
If someone is they probably lost around 90% of what they had. Funny thing is that Weber cannot pump new stores anymore, he can't pump Europe, so now he is pumping "retiring" shares as a dilution strategy. The average volume rose 10 fold today, so Weber had a dumping fest.
Agree, he never said buyback, he said recovered and retired, most likely he gave those shares as compensation, and now is taking that back.
If you bought BBDA between 0.0003 and 0.0005 congratulations, you probably tripled your money today, if you bought BBDA at 0.0017, sorry, you lost 50% of your investment, so far, for ever.
Can you say all that with a straight face? For real? Wow, just wow...
I am surprised too, but the SEC is usually chasing the big fish that will leave millions in fines, and not a broke redneck like BW who doesn't even have two nickels to rub together. Once in a while the SEC will crack some skulls in the OTC markets just to set an example and then move along. The intriguing thing is that people still believe in the lies and deceptions of BW. Some people even have the nerve to defend this scam, which is unreal.
So 21 people (that guy and 20 coworkers) lost $350,000 which in average is $16,666.67 per person. I did lost $2,000 in this scam, and I'm still kicking myself, but who in his right mind will invest over $10K in penny stocks. That's just unbelievable.
This turd is heading back to trips yet again. I mean, after so many RSs and so much dilution you would think that BW should have enough money to operate the company, but the fact is that BW is probably broke. He has officially become addicted to the easy money, and the only way for him to stop is if he goes to jail. Otherwise he will keep this going on forever
If this go back to low trips that maybe another good entry opportunity. Most likely BW will pump PPS up again.
What were the initial number of OS after the RS? How did the company managed to dilute the stock when the tick is BBDAD?
Koma Unwind is free at the website, just like the shares, unlimited supply. Just be careful with the expiration date.
And by company you mean two pallets of expired Koma that will be so hard to sell that you may end up giving them away to charities, right? By now, you should probably know that everything (brand, bus, boat, cash, etc) is in different shells privately owned by BW and DR. Oh no, nevermind, you will own 40% of the Kudzu agency that BW created and then used diluting money to pay to himself.
Who is going to hire a forensic accountant? The SEC? The state of North Carolina? No forensic accountant will work for free, and most likely BW will, like many many penny stock scammers, get away with his crimes. Unless someone with lot of power, economic power, decide to nail this criminal, he will keep committing crimes with impunity.
Which assets? To my knowledge the only assets BBDA own are a couple expired pallets of Koma Unwind. BW is so sneaky that not even the brand is fully own by the company. He has a boat and a tour bus, yet none of that is listed in the financials.
You mean 0.0027? Because PPS never reached 0.027, the higher PPS after the Walmart pump was 0.0199
Yes, that's my theory too. He will drive this down to trips, raise A/S to a couple billion, and then release a pump to keep the dilution machine going. Back in 2012 when AS were 2.5 billion, BW sold 50 million shares for $17K, so the average price per shares was 0.00034, but the issue is that PPS in that particular quarter was not even close to trips, and in that quarter PPS even reached 0.0199, so being generous, we can say that BW unloaded, through some insider, the 50 million shares at 0.0150 (again, being generous) he pocketed $750,000, yet no money is enough for king Weber, he is probably broke again, and is looking for ways to mooch new people.
Actually from the flipping point of view this may look like a good opportunity in the future, Weber has a ton of shares to dilute before the company reach the new 500 million AS, reaching that point, though, will, most likely drive PPS to trips again, at which point BW will come with a strategic pump along with an increase in AS to a few billion, new investors will pour in, rinse and repeat. That's the story with all the penny stocks, but the flipping advantage with this company is that they have a product to pump the stock, not that the company is legit or the product is any good, but they can make smart flippers a lot of money. I wouldn't doubt to invest a couple thousand if this reach trips again.
Sticky please
No, not including that, my calculator doesn't have that many numbers, lol, maybe we are talking trillions of shares by now. One would think that with all that money BW would be loaded, yet he is probably brooke leaving at his mom basement while collecting food stamps to eat. I wonder where PennyMan is LMAO...
You are correct, but still, without the RS AS maybe 50 billion shares, totally unheard of
LOL, make this work? He never had any intention to make this work. His golden opportunity was many years ago when he landed in Walmart, but instead of taking that as an opportunity to grow Weber just went the other way. Many small businesses have greatly succeeded concentrating only in one large retailer like Walmart, Cotsco, or Target to name a few, yet for BW and Daisy was (and will always be) easy to sell shares than drinks. His game was always selling shares, now pre-split the company has 50 billion shares, and with all the history the share count is probably in the trillions.
So if my math is right and the company post RS has 500 million shares, and the RS was 100:1, then AS would be at around 50 billion shares, am I right?
He could have, but lifting a company take lot of time, effort, and hard-work, and BW doesn't like to do that. He just want to race cars and live and easy life. The funny/sad part is that he is probably brooke too, otherwise he wouldn't have done this RS.
No, he increased AS to 13.5 billion before doing the RS, still, the late notice around was that OS were 8.8 billion, still peanuts in the magical world of dilution called BBDA
So NV41, long time disguised as a loyal shareholder is just an employee of BBDA
So NV41, disguised as a loyal supporter is just an employee of the company, that's nice...
I've been there. I supported BW and this company as much as I could, and even though I didn't lose money, I didn't win as much as I would've liked. Everything is part of the game on which only few, including the CEO, win big time while others are left to carry the bag. Unfortunately for some BW screwed things big time because he had something good, but somehow he managed to ruin everything. After landing in Walmart he had an opportunity to make of BBDA something big, but his greed, incompetence, and obsession for racing led him into a way with no return.
I guess that nobody is surprised with this new increase of almost 50% in AS. We all saw this coming. The sad part is that BW will just get away with this, and the question now becomes, when is enough? When is this turd going to get tired of ripping people off.
There is no such thing as symbolic buyback, he can pump about buying back, in which case people will not believe him, or he can officially announce a buyback, in which case he is legally committed to do a buyback. He will need to come with an incredible pump to lift this up. When penny stocks reach these levels, and considering all the dumping, any possible uptick is a pipe dream because at every level you will find a new set investors willing to dump their shares at a profit. In any case, someone is usually left to hold the bag, and that someone is not Weber.
Not totally impossible, but very unlikely. Even an end of dilution pump will not lift PPS. The float is just too large to allow any uptick movement. At every uptick the stock is going to have a ton of sellers with just a few buyers. Brian has been unsuccessfully trying to pump the stock for years with no results, so nothing he says has credibility anymore. Hopefully a pump will give an opportunity for some people to leave this turd behind, but unfortunately this will always have bagholders.