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if the pps can sustain itself for 6 months to a year with very positive things happening, whats so bad about a R/S? it will attract new buyers. sometimes a R/S can be good for the stock if its moving in the right direction.
mark this post - social media marketing is exploding this companies revenues and will continue to do so
What's everyone's thoughts on where the first pull back/dip is going to be? Announcement of the Q?
Thanks mike
Talk about exposure
What's the due date of the q filing?
L2 not working on ihub
LOL. JUDGEMENT DAY!
12pm EST. Still nothing
Ok so people flip and sell but sell for higher. Then the next has to flip and sell for higher. With a sustainable company the pps will continue to rise otherwise there is no money being made
Not sure where you are getting this info from. There are tickers out there with share structure way worse then ours and with a O/S way higher then ours that made runs into the pennies. Explain to me how that happened and why it can't happen here?
Berge needs to get the more current stuff on amazon. The old ain't selling
Anyone feeling a follow up PR with wholesaler info. For him to state end of toxic financing with no further LOC in place, either the numbers have increased due to the marketing or something big is brewing that will generate enough revenue to stay away from dilution.
I completely agree and yes it would be very ironic to see that happen but would benefit us all. Excited to still be around!
Question to krony and some of the other vets on the board- do we expect a decent dip during the next unfinished conversions if they haven't been converted already?
i believe we will still see ASHER/FIFE conversions take place in the next few months. As of sept 2013 he has stopped toxic financing but what about all the previous loans? any thoughts?
why would they r/s at this point when they are not even half way to maxing out the 5bn.
this was for the auditing period ending june 30, 2013, 4 months ago...havent things materialized since then?
such as...
http://www.otcmarkets.com/stock/GRPR/news
the question is - is this a true investment or another toxic loan leading to more dilution down the road
LOTS BUYS COMING IN ON L2. EVERYONE BACKING OFF THE ASK. THIS THING IS ABOUT TO EXPLODE!
Makes sense for a r/s there is way too many shares being issued and converted for this to make any kind of run anywhere near or over a penny. I do see a great future for this company and stock but not before a r/s
I don't think it's much concern either. It did mention the auditing company had concern about the future, but this was for auditing periods between April-June 2013. Things have materialized since then.
and by the way the 8k and the PR are worded "investment" instead of "loan", makes me believe it may very well be non-dilutive
if this turns out to be a non-dilutive investment in the million dollar range, that would be terrific for shareholders
what i like the most about that pr is this -
"We are very pleased to be acquiring this non-dilutive funding and we are now planning the definitive implementation timeline for the procedures that will follow the water removal from the mine."
lets only hope the investment from CV is non dilutive!
you dont think the amazon site was ready to be launched way before the asher conversion? as per the CC it was going to be ready within 1-2 weeks of the CC. then he conveniently PR'ed it timed with the asher conversion last month. its obvious. not hard to time things when you want them to be done. he has to sustain this dumping somehow.
As we have seen in the past monster PR coming just in time for the Asher conversion to support the pps.
Way to easy to predict
911 TRADE - FACTORY NEWS IMMINENT - ALERT ALERT!
NEWS IMMINENT - ALERT THE OTHER BOARDS! LETS GET THIS THING MOVING!
NEWS IMMINENT. LEVEL 2 SO THIN. COUPLE OF HUGE BUYS WE ARE GONE!
Sad part is he is a "3rd generation jeweler". What would his family think about him driving this POS into the ground. Maybe someone should tell him that and it will hit home!
The 5b A/S is there for a reason
Stock is in the red today because of massive dilution and convertible debts. However I do suspect an additional pr in the very near term stating the amount of investment and what exactly they plan on doing with it. But until the convertible debts are satisfied we won't see any major run. Like someone else said flippers game for now. God help us if this cv investment is a convertible debt as well. If so and it's a multimillion dollar investment could be years before the dilution is done.
Still no news? What is going on? Anyone been in contact with the company?
"looking to invest" means looking to before actual investing. Some DD made me seem hesitant. will probably trade the swings, holding it L/T will never work until all converts are over with.
daytrade stock, no way in hell a L/T investment, atleast until the notes have all been converted and the dilution has ended.
MAJOR INVESTMENT = MAJOR DILUTION. CONVERTIBLE NOTES ARE A STOCKS WORST NIGHTMARE! NO WONDER THE REASON FOR 5B A/S
read the 10q, no wonder there is 5b authorized. dilution is imminent.
FROM THE JUNE 2013 10Q -
This stock was on the brink of bankruptcy until this financing came into place. Even with this financing the amount of convertible debt that is about to incur is going to be substantial. For those that think this thing can run to pennies or copper has another thing coming for them. The amount of dilution that will result in this toxic financing will kill the stock - read below. i even put the best parts in bold.
Liquidity and Capital Resources
At June 30, 2013, we had $88 in cash, as opposed to $6,910 in cash at December 31, 2012. Total cash requirements for operations for the six month period ended June 30, 2013 was $272,563. As a result of certain measures implemented to reduce corporate overhead, management estimates that cash requirements through the end of the fiscal year ended December 31, 2013 will be between $2.0 million to $5.5 million. As of the date of this Report, we do not have available resources sufficient to cover the expected cash requirements through the end of the third quarter of 2013 or the balance of the year. As a result, there is substantial doubt that we can continue as an ongoing business without obtaining additional financing. Management's plans for maintaining our operations and continued existence include selling additional equity securities and borrowing additional funds to pay operational expenses. There is no assurance we will be able to generate sufficient cash from operations, sell additional shares of Common Stock or borrow additional funds. Our inability to obtain additional cash could have a material adverse effect on our financial position, results of operations and our ability to continue its existence. If our losses continue and we are unable to secure additional financing, we may ultimately be required to seek protection from creditors under applicable bankruptcy laws. We had total current assets of $88 as of June 30, 2013. This was a decrease of $6,822, or 99%, as compared to current assets of $6,910 as of December 31, 2012. The decrease was primarily attributable to operation expense of the Company.
We had total assets of $338,051 as of June 30, 2013. This was a decrease of 42,788, or 11.2%, as compared to total assets of $380,839 as of December 31, 2012. The decrease was primarily attributable to depreciation on fixed assets of $35,966.
We had total current liabilities of $3,048,565 as of June 30, 2013. This was a decrease of $80,049, or 2.6%, as compared to current liabilities of $3,128,614 as of December 31, 2012. The net decrease was attributable to a decrease in Notes payable due to the conversion of loans into common stock.
Our financial condition raises substantial doubt about our ability to continue as a going concern. Management's plan for our continued existence includes selling additional stock through private placements and borrowing additional funds to pay overhead expenses while maintaining marketing efforts to raise our sales volume. Our future success is dependent upon our ability to achieve profitable operations, generate cash from operating activities and obtain additional financing. There is no assurance that we will be able to generate sufficient cash from operations, sell additional shares of common stock or borrow additional funds. Our inability to obtain additional cash could have a material adverse effect on our financial position, results of operations and our ability to continue as a going concern.