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No VFIN no dump. There is no MM on ask who sells shares on the open market its a shareholder who sold
All I know is someone is selling 100 shares to keep the price down
No notes are being sold or converted. VFIN has been off the ask for almost 10 days i was there one day but other than that no dilution
i'll wait till the next r/s and proper expansion
bottom line is the company is probably legitimate as is the euro operation. but weber realises he has a free revolving cash flow and just dilutes to do whatever he wants . no liability for him
Could be yeah just saying A/S is still the same and the O/S 2.99
I think it may be a mistake O/S is still 3 bill as of yesterday according to TA. People might want to check though again today
I think sales are increasing. Which is a good start
Let's talk price action? What are we talking mid term? And when do we see a rise? I see BBDA is not on hotly read anymore? This stock really needs to be revived .
I don't think the company is that bad just BW has taken wrong decision mainly on funding. Plus its been hard on getting the product out there.
I think we have gotten some mixed reviews about liking the product
In terms of price I think 10-15 cents is fair value. If they get about 4-5 mill in sales this quarter?
But with what capital will he do a buy back I think if thats the case this wont move to the AMEX for a while? Can he do it soon? And if the PPS starts rising the buyback will become too much? I think he needs to do both probably? Isn't it better he use it to expand?
Ok lets talk about mid term when does the price start moving?
The thing is even with a 3 bill A/S he could do a reverse split 10:1. And bring shares down to 300 mill. I think financing the main thing? Can they get some outside finacing no.1 . And sales? If sales ise quickly then you don't need to do a buy back just a R/S. Plus he is going to Amex anyways.
Other part is how much do BBDA own of the new total company did he say anything about that?
Well then let's ignore those people . I think though we need to all have a serious conversation about what we think is the short term and long term implications
Hey guys I think all this back and forth is not helping anyone. I know a lot of former very positive people have come down to earth and it would be nice if the negative ones took a normal stand too.
My question is what is needed to get the pps moving? I mean audits I dont think are neccesary, because it unlikely he will commit fraud there especially on top line? But greater communication? More sales and actual understanding of how well the product is doing?
I mean the product is good but what else is needed?
Well if someone could expand on this. And give me an alternative view. Also what did he say about expansion what happened to wal mart etc
Been away for a while can someone explain to me what the status is. Honest reply none of the extreme sides. Also can someone explain what happened at the meeting. What BW said
It will but I don't kow when I don't think Brian so openly would run a scam that I am sure. But he isn't providing total clarity either. You have to take a punt IMO. Hopefully it works out for everyone. Good luck .
Its just that simple. They have a product and its in multiple stores . Its 90% sellig Wal Mart and Wal Greens otherwise the relationship would have ended a while ago.
Other places I dunno. It comes down to Brian being clear
Smells like a P&D for traders to get out on? Nothing has changed fundamentally there is no reason for this to up right now. Except momentum being built by someone looking to dump their shares
I disagree and therefore warn people not to buy it yet its too volatile and can up as well as down.
Sure go look at the monthly increases in A/S and O/S.
Merely an opinion and a specious one at that. There is no reason after diluting millions of dollars for 4 straight years that he cannot get a loan.
Furthermore he has on multiple counts stated that he would not dilute.
Whats worse is the dilution has single handedly destroyed the share price along well maybe along with other shennigans too .
The NEED for dilution is the type of BS that has been fed to unsuspecting shareholders by BW's lackies for a long times I think its about time more don't get suckered in without proper due dillgence and understanding of whats going .
Especially the part where many supporters themselves won#t put a cent but urge others to do so.
I think we'll see a small momentum upwards before it comes down after tapering. Then we may see it go up if price of gold holds up
Australia mining tax to be scraped under Abott shud bode well
0.0012 is the next real resistance. Minor techical resistance at 0.0025 but it could easily break there. I wouldn't buy till 0.0012 speaking purely on a technical basis
Shares are trading at fair value since there is no end to dilution.
Income after tax = 2 mill for the year lets say. / 3 billion shares x 10 P.E? = ~ 0.007 per share x 0.3 = 0.002 per share let's say it trades at 20- 40 p.e which it won't because the company has lack of transparency and BW doesn't know how to put out proper financials
then its worth 4/10's to 6/10's of a penny.
All or none's are hard to execute because it takes exact number on the other side of the execution so you rarely get all or none's done.
Its happened more easily afterwards because the brokers and the houses split it up and it goes to may different points and executes the trade.
So its fine and usual.
My bet is that as we get closer to the fed minutes we'll see a rally in gold on fears of tapering / inflation
Yeah pretty much
Gold falling temporary rotation out relief rally coming in equities hopefully we see vgz run too
And whats that proportion based on?
I think thats the important part to remember. What will the actual be by the time he finishes diluting and then does a R/S into a new company. You could easily end up with far less
I myself got in on similar levels . Bought the stock with market cap around net asset value. Let's see where this goes now. I think we'll see a relief rally next week which may help the stock.
Gold seems to be trading in range so it may stay there? If it does we may go back to higher levels than the lows we have been witnessing lately.
It will be the second. But since you are not worried maybe you could tell me what % you will get of the new company? 30%? 20? 10? 5? 1%?
Could spell bad news as there is little support left
The way dilution and stock fall is going he prob will
I think it was a good move commodities will get hit today so we may see a sell off in the short term
Let's see if people buy at the next level of 3. But I think some people want it in 2's so it will come down more.
Point all the chumps who shouted, system, lowball bids, this will now run anytime were either wrong or suckering others to buy. Either way they were wrong.
See you in 2's!
No, but somehow the O/S went up. And the diluting took out a 45 mill bid on 33 and now its heading down even more
People especially traders will start selling into the downside which may cause this to hit 2's next week.
LOL 45mill on bid eaten up by dilution when this hits 2's thats a 30k -40k odd loss if he starts selling we'll see 1's
Lowball bids in trips?