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Given the fact DPW, its subsidiary, Coolisys, and all the other manufacturing businesses tend to operate B2B, it would be parking lot operators who want to provide charging stations as an additional revenue stream, hotels, other hospitality businesses, employers who have sufficient number of executives or staff that drive electric or hybrid vehicles and want to provide this as a benefit, multi-residential developers, large box store locations, and other that foresee EV charging stations as a supplemental revenue source and/or attractive amenity that helps them drive their revenues or capacity goals.
Should they supply wholesalers who are focused on retail sales, I would encourage them to do that as well, if feasible. The B2B is a bigger opp.
For clarity, I understand that the webcast was a part of an Internet only based conference and at the time of the conference DPW had no new news to shareholders yet didn't want to pass up the opportunity to reach out to those who were either unfamiliar with DPW or had been talking with DPW and had not invested yet. As for being a long term shareholder, I have been here since Ault got involved with DPW and laid out his plan to turn Digital Power Corporation around. He did that.
I guess a lot of folks on this board haven't realized that the webinar yesterday was hosted by LD Micro Conference and it was a part of their Inaugural Virtual Investor Conference being held in lieu of the event that was cancelled last December due to the outbreaks of the fires in Southern California that forced the event to close early.
I believe DPW Holdings did not issue a press release since they realized that the information being presented would be a repeat of the webcasts we all participated in on December 20, 2017 and January 31, 2018. Yet so many complained how the Company was trying to leave everyone in the dark.
Please get it right, the current management of DPW Holdings has no interest in keeping its shareholders in the dark, however, they do have to follow guidance provided by their legal counsel, their national securities exchange (yes, I mean the NYSE American) and any other regulator that may be in contact due to the Company's failure to maintain sufficient equity. Remember it is this current management's dedication and commitment that saved this company and our collective investments prior to most of you becoming shareholders sometime last year after October 2017. I for one as a true long-term shareholder appreciate their efforts and applaud them for trying to do better than those who once controlled this company.
Hello PST2 and everyone else on this board. I understand all too well the frustration my fellow long-term shareholders are having with XCLK. I believe all is not lost yet and hope still remains that the company will catch up on its filings which will allow them to finally start sharing news of what is going on operationally. I find it amazing that some on this board have shown some regard for the article that was recently released. The authors obviously don't know much about publicly traded companies let alone small caps and are political hacks...oh oh investigators supposedly doing their job protecting the common man and voter from fraud and misdeeds from SuperPACs and other evil doers in the political arena. Sorry if I gag a little from the overindulging BS the authors embedded in the story...or fairy tale if you read the details they cite. Most of the facts they cite seem to be true, however, the time line in which they occurred does not match the facts in all the public filings for the Company let alone the SuperPAC. I am amazed the authors did not pick up on the tidbit regarding KBM and believe they missed a real story on how some lenders still do business that have found to be bad actors by federal agencies. XCLK should have never made those loans from them but that can't be undone now. What can be resolved is the fact a lender to our company, yes our company for those who owned shares in XLCK in 2014 and thereafter, basically depressed the stock price of the stock into oblivion and has turned around to sue the company for more. For all you railing against the company, maybe, just maybe you should set your sights on some real folks who screwed you and I along the way and I am sure the folks at the company aren't happy about it. The principals of the company as well as the company have been sued as disclosed in the last 10K. I believe this isn't a parting of thieves after the spoils are gotten. If you study anything about a couple of the hedge funds who lent money to XCLK they don't have a reputation of playing nicely.
And for everyone who has bought shares since January 1, 2015 please note your money did not go to the Company. It went to other shareholders of the Company who decided to sell. "All that money" was never seen by the Company so the Company did not rip you off. It seemed to have failed at executing its business plan and that is the risk we took as shareholders that the Company could do what it planned to do. Get your big boy pants on and stop your whining. I haven't written off this investment yet and hope everyone else invested in the Company including those operating it can get their act together so this boat can rise like the Phoenix rose from the ashes.
Regarding those stating the Company has $5MM in debt, that information is incorrect. Net of the derivative liabilities there is $2MM which can be paid off over time with 2.99B shares outstanding.
Dependent on the revenue streams the Company currently is operating and will be growing in 2016, I don't see that all is lost yet.
I look forward to seeing the Qs for 2015 so we can get an idea of revenue and the company's future plan and path for growth. I hope to see Q1 sometime in Feb and Q2 by first week in Mar. From the 2014K it seems that is where alot of the company's activity occurred.
Thanks so much PennyTrader2 for your input. I am sure the Company is working hard to get their filings current and to grow the business this year.
Let me share some clarity for those on this board. The "toxic" lenders had their convertibles halted from conversion as of April 21, 2015. That is not conjecture, that is fact. Just ask their Transfer Agent. Hence no shares have been trading due to toxic debt since then. Most if not all lenders sell their shares immediately and do not convert unless they are in the process of immediately selling. They don't do as many of us on this board do, hold the investment for a upswing in price and sell at a target price. The 10K revealed already for the first three quarters any further lending that the Company incurred especially if it was convertible. It did not seem any of the toxic lenders were present in any of the new borrowings in 2015. I do conjecture the new lenders were friends and associates to the Company and its management that believe in the long term success of CrossClick Media or at a minimum had a longer term goal aligned that with the Company's.
Any trading has been the free will of the marketplace and suspect as the Company makes their public filings things will improve for all of us.
Hello Blullish,
You are correct. The Company from what I can detect has little to no stock in its Treasury and hasn't since March or April of 2015. Hence why the default with KBM Worldwide and other lenders. Other than its largest shareholder coming to its assistance to settle debt in October 2014 and then last month with a Revolving Line of Credit, seems like the Company in 2015 has stopped taking on toxic. I am not sure if that indicates revenues coming in from the Voters for Hillary campaign or other revenue streams but am reading from the 10K what we do know. Some on this board continue to make untrue and unsupported statements about XCLK selling stock and still taking on toxic debt. I just don't see it. To those that suggest such please provide some evidence instead of conjecture.
So here is my point. Why would MCKEA Holdings allow the Company to borrow another $100,000 at this time if everything is lost unless MCKEA, as the controlling shareholder, realize something good has been happening we shareholders aren't aware of. Maybe something good is brewing. MCKEA has NO obligation to provide any further funding to XCLK unless something positive was happening there. I don't know what that may be but you can draw your own questions and conclusions. Thanks Blullish and Johnny for your support of XCLK.
Go XCLK! Happy Thanksgiving to everyone.
Everyone, Good Friday, I see we closed up at .0002, that is a good place to end the week. For my take it is good to see the Company still operating and doing what they think they need to do to move forward properly. A change in auditor and a line of credit to carry them through the year end or pay key bills builds a little confidence that someone is paying attention.
For those who believe the Company is pursuing a R/S strategy sometime soon, please note all 3 10-Q reports will need to be filed with the SEC first before the SEC would allow such a corporate action. Wow, aren't most of the same folks saying a R/S is coming soon the same folks doubting the Company will file their 10Qs anytime soon? I don't think you will see both predictions occur simultaneously. It just can't happen by law and regulation.
I caution everyone viewing this board to take great care before you believe the cries of a R/S being imminent. I for one have discounted similar cries that would undercut shareholder value. I, for one, applaud the Company for sticking in here with us long-term shareholders and trying to get things corrected. Yes they messed it up or someone over there did. But their actions over the past several months tells me they are trying hard to move the company forward. Let's see what next week brings along with Thanksgiving. Maybe our turkey's will be fatten up by some good news or some investors "more in the know" start buying up the cheap stock to move the PPS up a bit for a nice holiday season.
The assertion that XCLK is forcing investors pay .0002 or any price is absolutely false and erroneous. XCLK is not in control of the share price. The fact the Company may have entered financial arrangements in 2014 with dilutive terms is old news and has been addressed by the Company. What is more important is that the Company is pursuing its revenue model, growing its business and working hard to get their financials current. Go XCLK!
For those that might be wondering what may be forthcoming in the 3 10-Q reports now due, please consider this. The 12/31/2014 10K has already revealed in its Subsequent Events section any and all debt, toxic or otherwise, through 3rd quarter of 2015. I just don't detect any new toxic debt incurred in 2015. The borrowing activity of the Company seems to have changed, primarily working with related parties or existing creditors but not any of the hedge funds whose names are noted as toxic lenders.
I don't believe the Company has any new information to share in the next 3 10-Q reports regarding debt. Those reports will reveal revenue numbers and other details regarding their business model and sales and marketing activities including the Voters for Hillary campaign, their Affiliate program or digital media services. I am also anticipating news about Co-Signer.com but believe that would likely be disclosed through a 8-K report than inclusion just in a 10-Q report.
Hope everyone has a good Thursday.
APR thanks for your last post, I agree with your perspective and thought. I don't see the Company pursuing a R/S strategy any time soon, if at all, since they still have convertible debt and shareholders like MCKEA and other related parties that would be adversely affected. I don't believe their largest shareholder would concur with such a move and believe they would have to for such a corporate action to take place. In a R/S you don't get to pick and choose.
Furthermore, I believe the Company has shown that their use of toxic debt is over. I have not detected one new toxic note being signed in 2015 given their subsequent events despite some saying the Company is continuing with such lending. And any conversions from toxic lenders has halted until the financials become current. Hence anyone buying shares from about April of 2015 until now are buying from either long term investors of XCLK or day-traders looking for a quick turn. Either way the market is in play and not adversely affected by toxic loans. Their damage was done much earlier this year.
As for the rest of it, I too am waiting for news to see where XCLK goes from here.
Thank you to Shine1661 and PennyStockTrader for your recent posts. I agree with both of you.
I think it is pretty irresponsible for anyone to claim that the folks responsible for Fairhills Capital are involved with CrossClick Media. That is an absolutely false statement. Just because you find a creditor who has invested in both companies does not come even close to deeming XCLK a scam. There has been NO charges or complaints filed with any regulatory agency against the common lender. And even if that were not the case, it does not automatically paint XCLK as a less than reputable company or investment. And as for why the stock dipped below .0011 had very little to do with any toxic debt conversions since typically those type of investors sell their stock off very quickly, within a day or two. The Company had toxic debt conversions frozen after April 20, 2015 when their financial reporting was deemed stale. Hence any Transfer Agent would not have allowed any further conversions and the market was the key factor in any downturn. That does not eliminate the factors like NITE wanting to play games with the stock.
Nice to see some activity my others interested in the well-being of the Company. I am sorry that I continue to read from a few folks there negative conjectures wrapped about poor facts or understanding of the facts. Let's see, what is a 10K not? It is not an advertisement or promotional piece of literature that details why someone should invest in XCLK. A 10K does not place positive, informational pieces that can be construed as promotion. NO SEC attorney or set of PCAOB auditors would allow that type of language from what I have read. In talking with some auditor friends of mine they said it sounded like the Company was being conservative in a marketplace known by most investors as the Wild West. So however flowery you thought the 10K should be, it is plain to me the Company is following a very conservative strategy of laying out the material facts and not window-dressing the situation. Is that for their benefit or ours? Probably both since someone said on this Board the Company did not want the stock halted since they are behind in their financial reporting. Thank you to XCLK for being considerate and careful. We shareholders are here supporting you as much as we can, when we can.
The KBM lawsuit filed in June 2015 I find very interesting. In December 2014 KBM lent funds to XCLK for the last time. The Voters for Hillary call center campaign for XCLK started at that same time or at least that is when the contract was finally signed for the call center piece. The Affiliate Network had already been discussed as recent as June 2014 when the Company changed its business model. So does that mean with the Voters for Hillary campaign the Company turned the corner and their position with toxic creditors and realized not only do they have a business, they have shareholders to consider and a substantial number whom seem to be long term investors. Is the June 2015 lawsuit a reflection of the new posture the Company's management had taken and a reflection of the new attitude and actions that so many on this board applauded in the late Winter of 2014 and Spring of 2015? Is not December 2014 when the Company's increase in authorized stock took effect and when the Company started paying off its creditors especially the toxic debt to clean up a balance sheet in time to support not only an election of the next President of the United States but possible other candidates as well in a season that had more open seats federally than the last two general elections. In January 2015 the Telepoint Services contract was entered and the Company's whole core focus had changed fundamentally. You should read or re-read the 10K and decide what you think.
As spartan or dismal some would make out this 10K filing, I found the reading interesting. I remember reading most folks on this board thought this report would not be very reflective on the Voters for Hillary campaign. If it did I know anything stupendous would typically require a 8K to be filed since the 10K filing was not imminent. I do believe there remains by the Company a strong dose of conservative communication strategy in play that prohibits the Company from telling as much as it would like. As for toxic debt, everything was revealed in the subsequent events of this 10K and I did not see any numbers that seemed comparable to the huge debt incurred in 2014.
I await now for the next bit of reading, 10Q ending March 31, 2015. I hear the story may at first seem familiar but ...
Have a great Wednesday everyone. Go XCLK!
Hello Everyone,
Here is the section in the 10K regarding legal matters. There are 2 items outstanding for the Company at this time.
First case is with IRTH Communications their former IR/PR firm. The fact the Company got suited by their former IR/PR firm whom got issued 2.2MM shares (when they meant something) may indicate that XCLK didn't care for their performance or lack thereof and thought the shares may partially suffice for the work performed. I do recall as an investor every getting any communication ever from them on behalf of the Company.
The second case is with KBM Worldwide whom is a toxic debt lender. Maybe the Company's management or Board refused to continue to go along with whatever KBM wanted including continuing to issue more shares and to increase the total authorized one more time. Any increase in total authorized share count could entail further dilution of the stock bringing more harm to all long-term shareholders.
I don't think it is prudent to jump to conclusions for a bit until the Company issues a statement regarding topics covered in the 10K.
keep issuing millions of shares to KBM.
Item 3. Legal Proceedings
We are a party to two pending legal proceedings. We are not aware of any other pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse to us.
On April 10, 2015, IRTH Communications, LLC, a Nevada limited liability company, filed a lawsuit for the $90,000 balance due on their IR consulting services contract. The Company contests the validity of this claim and this lawsuit. As of December 31, 2014, the Company’s recorded liability to IRTH is $90,000 and the case is still pending.
In June 2015, KBM Worldwide, Inc. due to default on their outstanding Convertible Promissory Notes filed a lawsuit against the Company for $200,000 inclusive of interest, penalties and damages. As of December 31, 2014, the Company’s recorded liability to KBM is $153,595 of principal and $6,201 of accrued interest and the case is still pending.
Long Haul, I believe the AS and OS are posted on their profile on OTC Markets. This is what is on Yahoo Finance. The numbers could not have changed much since their total authorized is 2.99B common and there is no filing with the NV SOS for an increase in authorized. In fact, can't be an increase until the Company becomes current in all their filings. That is good news for us current and prospective shareholders:
Share Statistics
Avg Vol (3 month)3: 8,755,010
Avg Vol (10 day)3: 4,686,470
Shares Outstanding: 2.63B
Float: 399.76M
Have a good weekend.
Technically the 10K is 6 1/2 months late, not 2 years. Glad someone out there citing 2 years is not doing the accounting for the Company, they already have their challenges. That said, I am not excusing the fact the lateness is unacceptable and am sure the Company knows the problems they have created due to it; they must as I am sure they have lived with it daily. We as shareholders should recognize most scams, if not all, would have filed a BK by now instead of filing a 10K. Short of having proof of criminality, a BK would be an easier out for the Companies management and key investors. So since that is not the case at this time, can we agree to stop conjecturing that XLCK is a scam. I as an investor would like new investors check out the company as an investment opportunity and decide for them with their own due diligence, if they should add some XCLK to their portfolio. Some posts on this board talking scam hurts any investor in XCLK unless it is the absolute truth. After a year I have not seen the unmitigated proof yet. I have only seen claims and quotes from other situations that may or may not have involved somehow people associated with XCLK. In fact, I disapproved or shared the what I have found to be the truth regarding certain claims in a previous post of mine.
Now that is Halloween, I hope everyone has a great day and good weekend, be safe. It's not my holiday but certainly is for my niece and nephew. Go XLCK!
Congratulations to the Company for finally filing the 10-K. As late as it is, they kept their word about that. That means we are one step closer from being halted and may mean these guys maybe actually real.
I mean an audit costs a minimum of $30-$60K, that costs real money. Audit firms typically don't hand out terms to small cap companies, certainly not for any period of time. And I don't see anyone absolutely proving the Company has sold a share since April 20th when their financials went stale and could not legally sell stock. That would be the only way they would have the capital to pay for the audit. I don't believe someone just hands a company up to $60K without some convertible note, purchase of stock or revenue sharing deal to go with it. Oh by the way, those are all 8K events, haven't seen any 8Ks filed for XCLK regarding this topic. So how did they pay for this lengthy audit? Scams don't usually pay for audits. Why, becuz the very people most likely to catch you doing no good you are paying to file your public filing, duh!
For those really wanting to understand further think about this. If you read the Convertible Notes filed with all the public filings you realize there is alot of convertible debt, no news here. XLCK probably had a bit of a run on issuing stock from 2014 through the beginning of 2015 since I don't see much enough in revenues being touted by them to pay off creditors. With a limit of 2.99B shares just how much stock can they issue before the treasury runs out and their creditors are holding until they can get current financial reporting. I will give you revenues in 2014 may not be much. Selling tons of stock to stuff management's pockets very unlikely, no...improbable.
For those who think this biz was a scam from the start, you are are way off. Here is a fact to feed on: if you are running a call center do you want to promote your location so everyone can visit you especially if you are doing political fundraising or are offering rent guarantees to credit challenged individuals of whom maybe half you might not want in your living room? I would not think so. If what some say is true and that the Company rents an executive suite, what about the call center in the Greater Las Vegas area with over 4K sq ft. that has been disclosed?
Pretty hard to fool auditors who have reviewed contracts and books and maybe even have done a site visit. Food for thought for those who think XCLK is a fraud from the gate. I have been doing my homework on small cap companies and those that run similar biz as XCLK. Seems like XCLK is no worse than many of the call centers and digital media companies out there leveraging their ability to be virtual, cost effective and having relationships across the country.
Well congratulations to all of us for having the company file the 10K which we get to see on Monday. At least it is a step in the right direction.
Happy Halloween everyone, Monday will tell us if we have a little or alot to treat on. And to the Company, thanks...now get the 10Qs done!
Jim Hodgins is not an officer or employee of CrossClick Media, Inc. Where did you read that misinformation? The officers for XCLK are listed with the State of Nevada, posted on the OTC Markets profile for XCLK and are listed with the SEC.
So I have been watching this board for a bit and am a shareholder myself.
I did some research regarding the information you shared and found it a bit off at a minimum.
Seems there was one company, Zealous, Inc. that changed its name to CoreStream Energy but retained the same symbol. Company did get delisted but only after it pursued an oil and gas development business model which is why they changed officers in the Company in July 2010. You infer Ault got booted from the Company. Given the press releases and 8Ks issued seems like more a smooth transition between business models than abrupt dismissal of the former regime. Moreover, if there were any regulatory action at that time that forced this change in officers it would be posted publicly. I don't think you will find such to exist at the time Ault left ZLUS. Ultimately he returned to try to resurrect the Company when the new CEO and management team seem to leave after 6 months of not accomplishing much for the shareholders. Your list of facts seems to have this one company listed twice which makes Ault and his associates more suspicious. For my take Ault and his team probably made some bad choices in operating ZLUS and were open to a change in business model. When that didn't work he came back to help pursue a good opportunity that got shortchanged when the SEC finally halted trading of the stock.
The AGEL reference is fairly inaccurate. The founder and long term CEO Bonenberger was indicted for things long before Ault got involved. If anything Ault was brought in to save the day for this failing small cap and Ault couldn't pull off a miracle over several months from years of splits and reversals that Bonenberger and others may have profited from.
U.S. vs. Harold Steven Bonenberger, 12-60125-CR-COHN, Bonenberger, 56, of Carlsbad, California, was CEO of Angel Acquisition Corp. (AGEL), a Nevada corporation that purportedly managed assets. Bonenberger was charged by information on June 1, 2012 with engaging in a scheme to manipulate the publicly quoted share price and trading volume of AGEL common stock. Here is the link to the case report, https://www.fbi.gov/miami/press-releases/2012/southern-district-of-florida-securities-and-investment-fraud-initiative-results-in-charges-against-15-individuals-in-12-separate-cases. Sounds like you have really missed what was going on there at AGEL which makes you representation libelous.
Your reference regarding Jakubaitus is also poorly researched. Seems if you dig deeper you will find out that LetUsCoSign was set up by a group of folks including the attorney Shirdel along with Ault and Gottlieb. If you reference the LetUsCoSign FB accounts you quickly understand why they did. All had felt the pain of eviction and loosing their finances during the worst financial crisis since the Depression. The business model seems solid and why I invested when Co-Signer.com went public. Seems like Jakubaitus did not like the new competition and appears to be a bad operator, http://www.ripoffreport.com/r/wecosign-inc-frank-tara-jakubaitis/santa-ana-california-/wecosign-inc-frank-tara-jakubaitis-counterfeit-insurance-company-wecosign-inc-to-be-s-949509 The attorney Shirdel evidently suited Jakubaitus on behalf of his client and won the case, being awared the company and its assets after a long period of legal wrangling, http://www.plainsite.org/dockets/2jpmgthl7/california-central-bankruptcy-court/frank-jakubaitis-adversary-proceeding/
My point is Ault for whatever position he may have with the Company and the people operating the business, Kramrenko and Gottlieb, may not be saints. Have not known too many folks in the small cap space who have lasted for years not to have their battle scars and do what is necessary to make a business go including faking it until you make it. But to call the company a scam and allude to the folks at XCLK crooks or other derogatory names is overboard in my opinion.
I for one am waiting on the Company to file its public filings and getting back to what they did since the last quarter of last year, communicate with its shareholders and try to build a business worth pursuing a long term investment strategy.