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FK does not PR negative news that I have seen. Just what sells shares apparently.
Does it really matter if I make a few posts a day? Why does that bother you. It really does not take that much time. Lol. Besides. A year ago FK said there will be opportunities to trade here so posting helps me keep tabs.
Turn our backs and act like nothing happened?? No way. I have thousands of worthless GCHI shares here. FK totally quiet on that front. He's probably like you... Hoping we forget and move on so he can dump more shares on any unsuspecting suckers.
At bottom?? Not a chance. We have two ticks to present bottom and unlimited fall as it RS's. Even at 0001 today any conversions are based on a discount of the VWAP. So they can sell billions at 0001 and make money. After last gasp comes the RS and a whole lotta pi$$ed off shareholders. Unless it gets halted of course.
So you consider Frank a liar? We are thinking same but nice to hear it from someone who knows him personal like. As he walks away with our money, trust that it bothers the shareholders as well.
Friggn no suprise. Smoke and mirrors. Always something else stringing suckers along for the ride. This is the worse one yet imo. FK really scraping bottom coming up w carrots to dangle. All the while dumping massive shares into the market.
2nd largest dillution day that I remeber. Whats the OS? Like 3 BILLION? Dont be suprised if a R/S happens.
Frank did not lie!!!
Last year when he said there would be opportunities to trade this
The only message to shareholders that was legit
I smell a Shark circling us!
Holy dumpage!! That much harder to move this ship!
Don't you think it is really odd that the Company states they will make this HUGE buyback but does little to provide a clear direction for the common SH to take advantage of it? Scary actually if you have significant funds here. I can hear the excuse now... We offered and the SH did not cooperate and therefore the buyback was cancelled due to lack of interest. Or something like that. Imo no way in heck will this buyback happen or if it does, it will pale in comparison to the bloated (and until recently hidden) outstanding shares. Reverse Split will happen imo. If and when that is PR we are at no bid instantly and you can not share your shares. Experienced it before so be careful and trade smart.
Yep and too bad FK does not inform the shareholders of his sneaky moves. Or his failure to deliver the many promises made this last year + in press releases. Thats a wrong buddy. For starters... How about an update on our 'real' GCHI shares that are really worthless and non tradable at this time? Better yet. How about an legit update on the audit? And Uplist? Could it be there is fear the reported assets can not be substantiated and therefore pass an audit? Me thinks so in my opinion.
If FK was Pinocchio he would need a wheel chair for his nose. Little of any of these posts have materialized. Some appear to be downright lies.
I agree. Looking pretty bad here. Reverse Split or a SEC Halt coming imo based on every PR being a total lie so far. Potential buyers and longs just google the Frank Kristan for a reality check on who is managing your money. And we have a Shark as a cheerleader. Ouch.
$25 Paint job
Zero confidence here. Peeps just sitting on ask hoping someone will buy and fearing continued dilution and lower PPS. lots of promises made but indications are this is heading to a Reverse Split imo.
Norco. You make me sound like a drug. Anyway I was thinking the OTC and Canadian Stock Exchange was discussed previously for WNTR uplisting. My question was what is the lowest share price and other requirements for those listings. I found the following since. Something peeps should keep in mind as they consider the legitamacy of a companies plans.
******
U.S. companies have two options when qualifying for OTCQX: OTCQX U.S. and OTCQX U.S. Premier.
Companies that are incorporated outside the U.S. should follow our International Qualifications.
OTCQX U.S. Requirements
Must have proprietary priced quotations published by a FINRA member and SEC regulated broker-dealer on OTC Link® ATS, our SEC-registered Alternative Trading System
No shells or blank check companies. May not be subject to any bankruptcy or reorganization proceedings
Meet one of the following exemptions, consistent with the definition of a “Penny Stock” under Rule 3a51-1 under the Securities Exchange Act of 1934:
Have a bid price of $5 or more; or
Have net tangible assets of $2,000,000, if the issuer has been in continuous operation for at least three years, or $5,000,000, if the issuer has been in continuous operation for less than three years; or
Have average revenue of at least $6,000,000 for the last three years.
A minimum bid price of $0.10 (for preceding 30 consecutive calendar days)
At least 50 beneficial shareholders, each owning at least 100 shares of the company's common stock
Two years of audited annual financial reports available
Issuers of SEC-registered securities must be current in required reporting. Non-SEC registered companies must be compliant with the Alternative Reporting Standards (ARS). Click here to learn more about Reporting Requirements
Non-SEC Reporting Companies must be published in the S&P or Mergent Manual for Blue Sky compliance, allowing broker-dealers to recommend the security in up to 38 states
DAD Letter of Introduction upon application process completion, and annually thereafter, confirming that the company has made adequate current information publicly available and meets the marketplace inclusion requirements
That would be nice of course. But as said current share structure only allows for a valuation less than 0.015 per share assuming 30 milly assets. In your hypothetical world how do you explain that without a R/S? Whats your thoughts for min SP for OTC? I am really not sure for CSE.
I can totally see that happening. LOL. Unfortunately, rolling WNTR into a 'shell' would only be ..well... a shell game. I suspect the ruse would be readily apparent and very quickly be trading in the trips as well. If we are going to dream, go big. Lets say we are going to be aquired by a legit company. Like APPLE or GOOGLE. Now that would be increasing shareholder value. Facts are its only been PR'd that WNTR will uplist. Thats not a reverse merger or aquisition.
Yes. Looking bad here. Lots of dreamers think otherwise Never know when dilution will hit again. You dont get something for nothing and all Frank has proven so far is he can give away shares so thats right around the corner imo. I saw a post this morning that promised uplist is this month. Thats foolish crazy talk. See current SP for a reality check.
Smoke. Mirrors. Believe. Quit thinking. Just buy shares and hold. LoL
How did that come out?
Just remember WNTR owns only a minor interest in Itext last I saw. Still trying to figure how they can divy up what they dont own a controlling interest of. What am I missing.
6/13/14:
"The company has a 20% ownership in I-Texts, Inc."
I dont think OS was near that high when it ran to 015. Dec 2013 OS was like 85 million and ran to 011. We was hoping to lock the float but dilution ramped up. Someone correct me here but the April 2014 run to 015 had OS around 400-450 milly if I remeber right. That run was diluted hard and OS started climbing significantly thereafter as many promises of audited fins and uplist were tossed out along w Divy carrots dangling. All in an effort for suckers to hold and buy more aka float the PPS. Kinda like now.... Divy still worthless and company is totally quiet on that front. Maybe hoping we forget I guess. Thats gunna be hard considering the $ balance reads a big fat ZERO in our accounts.
Lets put things in persepective. Reality if you will. Say if you sold at a measly 001 instead. The PR said up to 2 billy shares. That would cost $2,000,000. Aint happening. Buyback PPS will be higher and FK wont blow his whole wad (PR said same) on this futile effort. What I am saying is any buyback if at all (big IF) will be dwarfed by the 2.8+++ BILLION outstanding shares. Best one could hope for is maybe get this back down to 2 Billion OS. Wont effect a darn thing. Its a farce. Any which way you look at it spells reverse split. If you dont like this Lets see someone spell out a more likely scenario that will benefit shareholder value and reflects reality. Anyone?????
Yep. Sitting well in the black overall 8) hows red feel? Still a believer or just hopeful like wing and prayer hopeful?
Betcha that buyer feels dumb now with all the 4's traded thereafter. Patience. It will happen. sittn at 0001-0002
Someone wake me up if we get any action here. Still holding my measly shares like an idiot
So do I and more. But at 0001. LoL. Determined to be the first to get em. Bragging rights hopefully?
Big boyz been here. Who u think bought the half billion shares yesterday and today. Now they will show a run then sit back and profit Smart.
MM gunna try and run this once scareholders exit. Dump them bought up 0004's and create new generation of stuckholders. All the while company diluted a billion and Gags TA. Again. Play smart my friends. The next conversion will drop this a level or two.
It got seriously quiet here.
I am suprised peeps are buying 4's. I can understand 2's maybe since last resistance. But that was based on some hairy promises and when folks still believed the AS was 2.X billion and OS was 1.2 billion. Now we know the truth. Even if FK did buy a billion, which is neigh onto impossible, still a float level at what peeps thought it was all along. Ouch. She is bloated and only way out is a R/S. I can hear the PR.... Due to market conditions blah blah I am sorry to inform the SH that a RS will ......
Have you thought maybe ungagging the TA meets reporting requirements to the SH? A stall tactic? Its the lack of filing with NVSOS thats got me stumped. Whats the rule there. IDK but FK is not stupid.
Ya'll can Try this number as posted herein. I too tried previously. To no avail and Coupled with no recent update and millions of apparent sold shares became suspicious. I drilled this lady and she provided answers to my questions. Lots have called her today she said. It don't make sense re ungagged I understand but.. Well call em yourself
Thats just it. My posts are not meant for any of you longs. So skip right over them when you see them. They are meant for any newcomers who care to read the opinions of a once Long that has figured out what a scam this company is. IMO of course! I may be wrong but I doubt it. Fact is so much BS has been strewn in the PR's this year I could not even come close to patting my own back. Its FK that deserves all that. My opinions are spot on and always same direction. Down with a chance to trade this same as our CEO said a year ago.
You did smile at my post tho admit that. Or are you a Seahawks fan? ;) That is a true story BION. I still bust up thinking about that crappy truck. What a superbowl. Best ever.
Let us know what FK says. Or not. We already got the answer from the TA as did you. No reason they would make this up, on the flip side I can imagine with the reporting and filing requirements on the OTCB it MAY have been legal abet trashy. Hope you asked em more than the basic question at hand...
Seriously, I saw this crappy truck driving down the highway last week. It Had "you mad bro?" Painted on each side with Seattle Seahawks emblems around those words. LoL Inwas busting up being a 49ers fan. Ironically I was in NV this weekend and saw a NV plate that read "U MAD BRO". So... Same atchya. Just play this smart. Kidding aside ;)
That ~7.5 milly was a approximate guess, as you can read if you go back. Actually more than a guess. Based on my experience @ NBRI$ and HVEL$ that went this same route. Once I saw the out of control Dilution, and knowing the last reported A/S and float, and knowing you cant max out A/S or even come close, I did some quick calcs aka guess on where the A/S really was thinkingbwe had to have exceeded. Today the TA reports A/S at 6.2 milly shares and 2.4 billy float. Thus I posted I was just a lil off ;) AIMO. Good luck guys and dont get caught w yer pants down
Yes. See the last 18+ months of PR and most if not all never came to thru imo. Go on down the list, start check'n em off and have a new pen in-hand when you do. Yes. Chitty answer but I dont have time or willing to expend energy on providing detailed DD. Dont need to. Myself and others Can see clearly and try to pass that on using minimal and limited resources to save potential investors from loosing money on this pinkie. We are called Bashers I guess. That said, I trade here. Forewarned. If I and other traders make money off you dont come crying to this Board. Ya'll been warned. Just check our prior posts. Hasn't always been that way. We all once believe till crapped on. AIMO of course.
Call them yourself for the answer and quit with the personal attacks. Not my fault. Things change. For better or worse.