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Watch Redcat Holdings(RCAT) For Breakout This Week!
Do some DD! Great future here.
https://www.globenewswire.com/news-release/2022/08/18/2500797/0/en/Reveal-Technology-and-Teal-Drones-Demonstrate-Multi-Drone-Mapping-to-US-Military.html
https://ih.advfn.com/stock-market/NASDAQ/red-cat-RCAT/stock-price
https://stocktwits.com/symbol/RCAT
Watch Redcat Holdings(RCAT) For Breakout This Week!
Do some DD! Great future here.
https://www.globenewswire.com/news-release/2022/08/18/2500797/0/en/Reveal-Technology-and-Teal-Drones-Demonstrate-Multi-Drone-Mapping-to-US-Military.html
https://ih.advfn.com/stock-market/NASDAQ/red-cat-RCAT/stock-price
https://stocktwits.com/symbol/RCAT
Watch Redcat Holdings(RCAT) For Breakout This Week!
Do some DD! Great future here.
https://www.globenewswire.com/news-release/2022/08/18/2500797/0/en/Reveal-Technology-and-Teal-Drones-Demonstrate-Multi-Drone-Mapping-to-US-Military.html
https://ih.advfn.com/stock-market/NASDAQ/red-cat-RCAT/stock-price
https://stocktwits.com/symbol/RCAT
Watch Redcat Holdings(RCAT) For Breakout This Week!
Do some DD! Great future here.
https://www.globenewswire.com/news-release/2022/08/18/2500797/0/en/Reveal-Technology-and-Teal-Drones-Demonstrate-Multi-Drone-Mapping-to-US-Military.html
https://ih.advfn.com/stock-market/NASDAQ/red-cat-RCAT/stock-price
https://stocktwits.com/symbol/RCAT
They never announced him stepping down, so I am guessing yes.
I have learned over many years, as long as something does not go bankrupt or seriously decline, eventually it will come back. Like this. Who would have thunk Terraforge would end up being where it is now? We are on the cusp of something amazing here and we have waited a long time to get it! GLTY and see you on the other side my friend.
Ya, at that point I think I got some around .76! Definitely helps the average down after the years of John Read screwing us in the kiester and the huge reverse split.
Hey! Sorry for the long response. Just do not follow much here...well, because of everything I posted in the message. Anyway, we have been here a VERY long time. Hope it comes to fruition here soon. And that post about buying around .86, I hear you! I bought a good chunk around there also. Thanks shorts!
On Another Note...
On another note, IHUB is being ridiculous in not changing their ways. Because of it, they are seriously going to become obsolete I am guessing. Most people get free level 2...so not a factor anymore....and of course, they do WAY to much babysitting of posters here and are to strict similar to big tech social media. Thus, they are going broke I am guessing. They really need to move forward into 2022 and come up with some ideas of how they are going to offer something here that is really worth anything of value. Maybe outside of the penny discussion boards which are questionable as far as their usefulness for investors as well. Just my opinion, but you can just see it with the "silence" on many boards here and the slow mo over the cliff! It would also be interesting to find out how much % wise revenue they have lost in the last few years. I am guessing it is massive. At least here, which is one benefit, unlike Stocktwits, you can still lurk without an account. But that small thing is not going to save them when Stocktwits basically treats posters and people like adults rather then children who need to be reprimanded. Not to mention, they also have a highly superior board and chat forum.
Also noticed they are now doing pop up ads on the site now. That is another warning sign people are leaving....
Sure hope you are right. It appears that may be the case. But, I am looking forward to seeing the naked shares data for today. I am guessing they are buried holding even where it is. So, if pressure continues, we should see more of a spike.
Good job on posting all that. Very nice. Hopefully this will fully pan out for us all who have been here for years soon. I know I pretty much have sunk my left nut into this thing averaging down. Hopefully that will end up working out this year.
Thats a good point about the back order. Wish they would PR exactly how far behind they are on fulfillment. Might actually make a huge difference if it was like 1000s of unites they are ramping up the manufacturing facility now to get out the door in the transition.
Good stuff for RCAT. Bad stuff for DJI.
https://markets.businessinsider.com/news/stocks/us-blacklist-chinese-companies-uyghur-muslim-minority-biotech-dji-biden-2021-12
Pretty quite here lately. Maybe the calm before the storm? Sure hope so. We have been waiting long enough. That second phase of the Army contract has to be close to complete.
LIKE!
That last statement shows some wisdom as a swing trader and is very true. Many technical traders pretty much do not factor this in and almost poo poo it since they are so sure of their ability to pick bottoms and peeks. However, if you have done it a long time you realize if you are just patient, even if you miss a run up once in awhile, you will eventually win if you pick even close to the floor on a swing trade. Of course, that is barring any major overall economic or market drawn out down turns which can occasionally happen as well. GLTY.
If we find out they are selling their shares into these spikes on top of the funding, I do not think I will trust these guys again.. Fool me once..shame on you....fool me twice, shame on me.
Best answer I can come up with based on my experience? All of the funding pretty much was bought by hedge funds. They are using those shares to sell and re-buy into the market to control the price over and over again as well as borrowed shares that are sold short. If you put those two control mechanisms together with Artificial Intelligence you would be surprised what they can do to control the price and hold it down in order to make money off the shorts. That is my best guess.
Split was done and over a long time ago. Has not affected anything in a long time. Once those shares were reversed they all become equal going forward to newly awarded shares. So there is no difference between shares bought now and our shares post split. And, there are no pre split shares existing at this point in stock. And I did get As in Math! Not that it mattters...LOL Just have had a lot more classes to mess up over the years that way...if you get my drift...=0)
Well, I remember reading something over the past year here that was posted(do not remember when), that was a court filing saying he had been arrested I believe. Not sure though. But ya, on the bonds....failing my memory...remember the number being somewhere around 12 million?
Most interesting thing to me thos was the fact that ANYONE with a brain would loan that amount of money through bonds to basically an OTC stinky pinky that had a no asset leasing company reverse merged into it. Ultimately, interestingly, with that money Victor supposedly purchased a hand full of large jet engines that needed to be rebuilt. He took them to a company that he was affiliated with(back then when I invested, everyone thought that the rebuild company was going to be merged...but it was not). Think it was called Turbine engine center or something like that. Anyway, so Victor gave them the engines to rebuild. Well, months went by and I guess low and behold....all of a sudden it was relayed to the Bond Holders that THE REBUILD CENTER HAD MISPLACED THE ENGINES!(supposidely) Victor supposedly went back and fourth with the rebuild center and finally ended up suing them because they had not idea what happend to the engines as well as I believe either he or TURA was also sued by the bond holders. That is the last I remember hearing about it or reading posted on here years back.
Anyway, makes me wonder if those two lawsuits through discovery brought forward information that was criminal in those investigations for civil suits. Thus, that could have lead to eventually Victor being charged and put in jail based on that evidence? Not really sure. That is just a hunch.
So, of course, with all that happening there was always a potential that TURA could win the suit against the rebuild center. Not sure whatever happened though. And of course, not sure what happened with the bonds either. So, ultimately, understanding all that history hanging over this, there could be a lot of hands in the pot if in fact this was ever resurrected. That could be some of the reason it is not and will not be at any point in the future. I have a small investment here still. However, I also understand considering all this, and OMNI backing out of the custodial application, this one looks like a long shot at the track at this point. Based on how OMNI pumped this though, if in fact I am right, really feel bad for anyone who was recently sucked into this. OMNI should be held responsible for that part.
LOL, ya, been here for 7-8 years I think so I am well aware of Victor and the the whole Bond debacle! That is what I was referring to in regards to this not being easy to clean up because that mess is hanging over this. That may have been some of the reason when OMNI dug into this they realized it was going to be super complicated. There is a reason stocks sit dark for 7-8 years and others do not. It usually has to do with debt and whatever mess the prior leadership left behind.
Ya, 276 million of the "wrong" number!LOL
LOL ya but not very hostile when most here would welcome it since this is a dark dead shell with lots of skeletons in their closet with the past debt and legal wranglings of that.
Here is a different scenario, what if someone is shooting for majority ownership? If had that would not need custodianship to take control. Would just automatically have it. Not saying it’s Omni but maybe someone else? Plus could turn around and get the financials up to date post suspension. Who knows! Very weird situation though with only a few days to go till restrictions are invoked and we have big volume and price increase with Omni pulling out. Not sure what to think. Here is another article I found on the topic as well
https://www.theepochtimes.com/us-pink-sheets-in-shakeup-as-securities-regulator-looks-to-stamp-out-fraud_4012708.html
I am going to take a look at the SEC site. However, I honestly do not think it is worth my time since did not lose much after it was all said and done. Others, that is their own choice based on their own investment thinking and how much they have in it I am guessing and how much this potential scam may have cost them if it is in fact a scam. Either way, I am just a small investor just like the rest of you here so really am not sure what the answer is to this so please do not take what I am saying as advice. Just think there is a good chance he did what I am thinking based on how it has all played out and the timing of the withdrawal of custodian ship now etc.
Ya, timing on the take down was almost uncanny of the site and twitter. And ya, if the CEO of Omni is watching it make sense. Maybe out of fear as well. If you do a little research about him he is definitely a guy who thinks highly of himself. However, if he did what we think he did here, there is a good chance he knows there is a window of time where things could come back to bite him in a very serious way. If he makes it past that time period then he may get away scott free. Just an observation.
Especially when we are a week and a half away from the restrictions. Could have just been super low bid orders set by someone who forgot about them back when this all started. I mean, obviously there is not much future for this now considering it is basically a shell adrift without the custodianship and the past CEO in jail supposedly...
Here is something I found on it.
https://geoinvesting.com/sec-dark-stock-rule-benefit-you/
Probably 10 years ago. So not sure. Maybe Google derivative suits lawyers in philadelphia. Remember talking to the guy directly though. They were very careful about the cases they chose. BTW, did some research and I guess the day is the 28th of September for all the restrictions to go into affect. So may just be some dummies or something who are buying shares super cheap considering it will be hard from there forward to rescue it or buy shares I am guessing. Could be wrong though and do not fully understand how the restrictions work. So people may want to do their own research.
Someone would have to have a significant loss here due to the pump specifically to be able to pursue it and make it worth while. I have not fortunately. I know I have talked to a place out of Philadelphia that specializes in derivative suits years ago about another stock. Can not remember their name. Otherwise, the CEO of Omni will just walk away unscathed unless the SEC takes a look or something. Which considering how blatant this was, if they were notified by enough people, they may do just that.
Since they deleted the twitter info they will also need to record and try to remember each stock they were working on and pumped since that record of those posts is now gone. That would be important to record immediately so as to be able to recruit from those boards if someone was going to try to do this. Just an additional thought as well and promoting others maybe reaching out to the SEC to investigate this. Know the one that was probably the worst was COHG. Went to the .25-.30 then now has crashed down to .01 I believe.
FINAL NAIL-PROOF IT IS OVER FOR TURA(AND OMNI IT APPEARS)
Here is a link to the custodial case. Unfortunately on 9-10 a filing was made withdrawing Omni's request as custodian. So, we are back to being a dead stock. Sorry guys. Not sure what else to say. Sorry for anyone who lost big on this. Glad I only bought a little when I bought back in and did not get fully lured into the hype. Like I said, at this point, looks like may have been a scheme exactly like I was guessing. Of course could be wrong and they could have just realized it was going to be to much money they did not have to get things back on track so just gave up. Who knows, but IMHO they definitely should have some questions asked based on the timing and the fact that all these stocks were going to be restricted only a few months after they did this. Timing is very suspect and trades should definitely be looked at IMHO. But as usual, who knows if anything will happen.
https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=12117962
Google Website Is Gone Also
Just tested the Google website they had up also. That is deleted as well.
OK, weird. I said that the other day about the twitter account still being active. NOW IT IS GONE! May be time to report Mr. Yannapolis and Omni to the SEC and maybe the AG in the state where Omni resided. Obviously he must be watching this board I am guessing if they immediately deleted the account after that post it appears. Other then that, unless someone else has gotten a response or found new information, looks like this might have been a big huge scam and the end of the road for TURA. Just can not believe how blatant it was though and in our face. Have to admit, never seen anything like it. Crazy.
BTW, would be interesting if they did do an investigation to find out what the CEOs personal stock trades looked like during the time the company was active or maybe family members or friends who were invested in any of these stocks. Just sayin.
https://twitter.com/CorporateOmni
Late again. There is a shocker. Hopefully it is a shocker this time. Guess we can hope.
That was me also. Really thought it would go somewhat higher just on the awarding of the custodianship. It obviously did not.
Unfortunately this month is the month they shut many of these dead stocks for buying purposes. We will only be able to sell from this point forward which if there is no one to buy, not sure how that works. Am feeling pretty certain now Yianopolis had stock in all these dead tickers and knew the shut down was coming. So he hatched a plan to actually attempt to get custodianship only for the reason of pumping the stock so we could sell into it. Thus, he had to sell prior to ACTUALLY getting custodianship which I am sure he did...thus being still an outsider until the ruling happened. Once he had sold everything he had, he went dark again and walked away with his payday. That would be my guess. However, one tiny sliver of hope is that he still has the twitter and website up. If he was going to do what I said not sure why when he closed it down and did a "wind down" why he would not have deleted both the twitter feed as well as the google website? Good question.
As far as this spiking up if by some crazy chance of luck Omni does come back to life, just remember they will now have to deal with he SEC I am guessing if this actually is left to go under the restricted buying category to get it released if they do not fix those things very soon. I am guessing that will be much harder to do. Thus, if it goes into that no buying category then IMHO we are pretty much sunk. Hope I am wrong.
Yes, have the hardcore negative full court press the past couple days here then we have significant green today. Shorts must be ready to cover. That is about it. It is almost comical.
EVERYONE on this board for Redcat Holdings has made statements about this issue. I personally have been here for YEARS before the first communication was made. EVERYONE on this board feels the same way I do and has communicated this over and over again many many times. So can not make this just about me because I think everyone here who has been here for years invested in RCAT posting would say that is massively wrong. Anyone please back me up on this? Sam? Chupon? Lfrye? Alstocks? Dr. Stephens? The list goes on and on....
Honestly, as I said, I think unfortunately you have no credibility left here. Here is a rule you should think about in the future that I personally have. I never talk about my positions, short, long, up, down, left, right on public message boards, numbers, averages, etc. Why? Honestly it is exactly because of what you are now experiencing. Should have kept much of what you have said over the past 6 months to a year to yourself unfortunately as far as investing in RCAT and what you were doing. It has cost you your credibility on this board unfortunately and now no one takes you seriously and just always thinks you are short since you are so negative all the time. This on a stock that obviously has a very bright future and has come a long way in the last year and you have obviously been very very wrong on most things you have said about it over time. I am sorry to be the bearer of bad news but I honestly think deep down by peoples response here you realized this long ago and know what I am saying. GLTY.