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I feel your pain. I'm avg'd at .0019 currently. Would love to see a repeat of the jan/feb '14 run here.
because NUGT doesn't care what gold does. It cares what GDX does which holds many miners that have been deep in the red for the last few years. hell, 10% GDX's holdings lost 5.5% of it's investement today alone.
When did DSCR get into the sunflower seed market? They planted and harvested hemp. How much of that $600K will DSCR actually see? Don't get me wrong, as I'm glad to see the company at least attempting to inform us after months of silence.
213 million shares dumped at .0003
The products shown on the IB8 web store are all sunflower seeds. From some simple marketplace searching, the average price for rse hemp seed is $1.40/oz. I would estimate IB8 is looking to distribute 50000lbsx16ozx$1.40=~$1.12M gross of hemp seed product.
Asked Discovery what Pacific's role was and about the additional share structure today. Got this response:
"Dear Mr. xxxxxx,
The majority of the share issuances were for partnership agreements, per our last quarterly filing. Pacific Equity is broadening awareness of the company and working to expand the shareholder base. They distribute releases to an internal mailing list."
Emailed Pacific today asking for clarification on some items and received the following response:
"Hello xxxxx. Our firm is not responsible for press dissemination for Discovery Minerals. We have a six month agreement with the company. Please feel free to call at any time.
-ZL"
In the quarterly report, section 6e states that they commited to issue 33.5mil share to AB AGRO for 50% profit split and to exchange 4.99% like kind equity with VPR Group.
Grab another million @ 17. Appears that some are worse at the waiting game than others.
52 week high was @ above $.01 over 2 months ago. Current 52 week high is @ .0065...
Anyone have a estimated yield per acre?
Gut feeling is that we close 25-27 today and see mid 30s tomorrow to climb back above 65 by EOW. If I'm wrong, oh well. Been holding and gradually adding to this position for almost a year, so another 6 months of waiting doesn't bother me.
slapped a few 42s this morning. hoping more funds clear before this thing blasts off.
I asked the same about who this VPR Group is. Got a BS answer about all info available was in the pr.
I was able to pick up a few million shares using TDA.
I got another 5.5mil @.0003 earlier today.
Grabbed a few shares today. Looking forward to production starting soon.
worthless news is just that - worthless
unfortunately, i own some of the worthlessness
How does a completely unrelated company's corporate schedule affect DSCR? Here is the correct website for DSCR http://discoveryminerals.com/
Looks like a kindergarten class built it.
Would be nice to know what the expected production rate and cost for the project is.
no response yet. Hopefully they actually look into it and do something.
I contacted the SEC yesterday during that glorious display of mm manipulation.
I'm in and looking forward to what Monday brings.
I'm having a hard time believing that this pos will make a run anytime soon. Millions of shares out there to just keep recycling in this range. I would love to be proven wrong here. I'm averaged in at .001, but can't bring myself to toss any more into this pile. Same old song and dance since march/april.
From the email I received from Luwayne Santana of Harvard Trust on Sept. 9th...
"Thank you for your submission. Certificates will begin mailing out September 20, 2013.
Thanks
Discovery Minerals Corporate Service"
Someone should have received something by now or a PR explaining any delay should have been released, imho.
finally a green day
I agree. That $18 trade for the 3s looks like a BS attempt to accumulate shares from a stop loss trigger, imo.
not sure yet. That happened before the company changed names.
Looks like they gave it back also...
"The Company decided to cancel this agreement and this action was completed by the end of May 2012."
Grabbed up some more shares today. Monday should be fun.
DSCR
I'm wondering the same. Also, what factor determines the number of convertible preferred shares to be issued to each investor?
maybe a move to trigger stop loss in shorts. can't find any news to justify the hit