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Dilution Floodgates were seriously open this morning. Anybody who believes the quoted outstanding shares here on this board is delusional.
Re: JUST SPOKE TO CEO. Each time I read that, I am more encouraged.
I agree!
Seven Paid Promotions Simultaneously and the amount paid for the promotion was astronomical!
Pitiful. Which market maker is beating this one down?
Bo Linton Link: http://www.imdb.com/name/nm1213386/
INVA - Big Risk. Bigger Reward. Here's what we know...
1. Adam Radly let it slip that he has resigned from INVA in a press release from XUII.
2. The Nevada state listings have "NO ONE" at the helm in any executive positions for INVA.
3. NITH (a mysterious holding company with no internet presence of any kind) is acquired by XUII and just so happens to have the exact business model and revenues ($20+M) as INVA.
4. XUII and INVA have traded in tandem for several days.
5. At some point, the INVA shareholders have to be made aware of what's going on.
6. As a CEO, you don't just abandon 20M+ and additional contracts in the works without a plan.
7. You also don't abandon shareholders. THERE IS A PLAN.
8. To suggest otherwise would suggest that Mr. Radly is dishonorable and doesn't care about his reputation or his legacy.
Would it be nice to know the details today? Damn straight! It is excruciating pulling up this board day after day with no news, but I've been around long enough to know that legalities with publicly traded entities and public notice can be a tricky thing. There's no telling what's required with what seems to be a complicated transaction. In my book, anyone capable of building a 20M+ business is savvy enough and methodical enough and disciplined enough to stick to the plan. The timing on whatever is brewing is probably marked up on their calendars and they're probably stressed over it as well.
So be clear on this...If you unload now, you miss the opportunity or at least a large percentage of the upside. They said that news would be forthcoming by the end of January 2014...this week. These extreme upward moves happen quick. Depending on the announcement and the timing thereof, you could miss out on 30%, 40% or even 50% of the upside. Take a look.
As a CEO of a publicly traded company, there are points where debt becomes overwhelming and your convictions pertaining to O/S and A/S go out the window, especially if you convince yourself that dilution is in the best interest of shareholders long term.
550M A/S for XUII and 500M for INVA. Don't be surprised when the smoke clears if all if not more of those numbers are in the market and have been placed there to deal with the debt.
I'm holding 10M shares come hell or high water, so this is not a slam, it's what I would do if I were in his shoes if it were the only option which would allow the newly formed entity to come out of the gates focused on sales growth and acquisitions without the burden of suffocating debt.
Technically, yes, but that filing also shows no one at the helm, so who would do the filing?
But don't get me wrong, I'm holding on for whatever transpires. As more clues reveal themselves, I may even load up more.
Not saying they were all diluted shares, but I am saying at this point, it wouldn't surprise me to find out when the smoke clears that somehow adjustment in the A/S was just one more factor in this whole process.
They haven't communicated anything or any component of this process or any news for that matter since October 1st, so why would A/S be any different? I hope that's not the case, but at this point, it's not out of the realm of possibility as everything we're passing back and forth at this point is DD, detective work and speculation.
And by the way, most of the time, that term "raising capital" refers to placing more shares into the market. It's also plausible that INVA has quietly added additional shares over the past month or so. Yes, the Nevada filing says 500M A/S, but that could be easily updated after the fact.
If this is the case, it's held up nicely. Don't know this to be the case, just speculating, but from November 1 thru December 12, 325M shares traded. From December 13 forward, over 700M shares traded, with a couple of 50M+ days the past two sessions.
Throw another 50M x 5 for next week and we're talking close to 1B shares? Kind of hard to deny there's not at least some dilution.
Now is that necessarily a bad thing? Nope. Not at all. Not if there's a merger that materializes that is in the best interest of INVA shareholders. 500M+ new shares over the prior comparable period of time could mean that the newly formed company has raised funds and will be coming out of the gates with a sizable nest egg for operating capital.
All just speculation and thinking out loud, but something to consider.
Here's a plausible scenario... Merger announcement made on Friday January 31st. All holders of INVA as of the effective date of January 31 receive XUII shares at a ratio of???? 1:1, 2:1, 5:1?
Who knows, but here's some text from the failed attempt to transfer one segment of the business back in October pointing out that this thought process is/was already on their minds back then...
"Xumanii plans to file an S1 registration Statement in order to raise capital to fund its business plan and allow Inova shareholders to become Xumanii shareholders. Upon being deemed effective by the SEC, the registration statement will allow Inova shareholders to acquire one Xumanii share for each Inova share that they owned as at the Effective Date (October 1, 2013)."
Key points, the ratio and the effective date. Wouldn't it be nice to know those two components now? Patience grasshoppers...
FINW showing up big on promotions board. At least 11 promoters pushing this stock today. That could be great or it could not be...Be on your toes.
Around 15M shares traded during the last 10 minutes. Thoughts?
That was brutal...
Her name is Robin and I've called several times to no avail. She honestly doesn't know anything and although she said she'd pass my name and number on to management, she gave no indication that they knew anything either. The email we're passing around here doesn't concern me that much. What does concern me is the slow withering on the vine. Everyone has their pressure point. Mine has not been reached just yet, but I can see why others are abandoning ship.
Either this thing is set up for a massive move based on communications from Mr. Radly by the end of January, or it has been abandoned and no one is stepping up to the plate with any explanations. Every time I weigh back and forth on one or the other, I conclude the former...a major move of some type.
Too many small cap operators have gone off to prison for pulling stunts with publicly traded entities. Looking at all the data on Mr. Radly, I can't imagine he'd ever put himself in any situation that threatens his or the company's integrity. My hope is that he knows what's required, he knows the legal timeline and legal requirements and he's following through on a favorable plan regardless of whether it meets OUR timeline.
Time will tell, but I for one am holding firm to 10M shares, 1M of which I just picked up at .0015.
Dilution = Absolutely. Toxic Financing? Don't get that one.
If I read this correctly, PAWS will only be receiving royalty revenue of 5% of Mesa's annual revenues.
Even if Mesa does 3M for a single month, PAWS only books $150,000? That's 1.8M for the year.
Even at the inflated 100M claim, that's only 5M in royalty revenue.
5M divided by 113M shares = .044 pps. Am I wrong in this interpretation?
Promoted today by at least 4 major promoters. 130M or so shares traded. Looks like 100M or so new shares put into the market to raise capital when you compare to the volume levels over the last couple of weeks.
The good news? The company probably pocketed substantial operating capital from the sale and since this is not a routine practice, it may not be required again for a while allowing the share price to move again unimpeded.
You can talk yourself out of just about anything, but common sense should be used here.
1. Radly let it slip that he has resigned from INVA.
2. The Nevada state listings have "NO ONE" at the helm in any executive positions for INVA.
3. NITH (a mysterious holding company with no internet presence of any kind) is acquired by XUII and just so happens to have the exact business model and revenues as INVA.
4. XUII and INVA have traded in tandem for several days.
5. At some point, the INVA shareholders have to be made aware of what's going on.
6. As a CEO, you don't just abandon 21M+ and additional contracts in the works without a plan.
7. You also don't abandon shareholders. THERE IS A PLAN.
8. To suggest otherwise would suggest that Mr. Radly is dishonorable and doesn't care about his reputation or his legacy.
Would it be nice to know the details today? Damn straight! It is excruciating pulling up this board day after day with no news, but I've been around long enough to know that legalities with publicly traded entities and public notice can be a tricky thing. There's no telling what's required with what seems to be a complicated transaction. In my book, anyone capable of building a 21M+ business is savvy enough and methodical enough and disciplined enough to stick to the plan. The timing on whatever is brewing is probably marked up on their calendars and they're probably stressed over it as well.
So be clear on this...If you unload now, you miss the opportunity or at least a large percentage of the upside. These extreme upward moves happen quick. Depending on the announcement and the timing thereof, you could miss out on 30%, 40% or even 50% of the upside. Just look at KGET over a 36 hr period of time last week to see what I mean. Use your noggins!
After today's whitewash, I thank you for that. I needed a good laugh!!! LOL
Promotion is not always a bad thing.
Some promoters promote a stock because they're holding a significant amount of shares and want to liquidate by selling into the momentum.
The best promoters are unpaid and promote a stock on their own based on their own due diligence in hopes of gaining credibility so that they can sell or market their own online program, tutorial, software, etc.
The paid promoters on the other hand are different. They fall into two camps...
1. Give me a cash payment and I will promote your stock to my list of followers or...
2. Allow me to help you liquidate some unrestricted shares and keep a portion of the proceeds.
Let's hope that the paid promoters of BONU fall into the first camp more often than not.
Also, keep in mind that many promoters will load up on shares the day before the scheduled collaborative promotion in hopes of unloading them into the anticipated momentum on press release day. Based on the late day activity on Friday, a portion of the large volume we've seen today could very well have been Friday purchases.
I'm not bashing. I'm a shareholder long term. But you have to be awfully naive to think that 75M shares have been sold, and at 11:30am the stock is right back at .0012 again without a sizable portion of that being new shares sold into the market to raise capital.
As far as proof, I have a software that some of you may have that you can check for verification. (PENNY STOCK MONITOR)
BONU is being promoted today by four different promoters at a collective compensation today of $10,000.00.
The software will not allow me to cut and paste, but it's there, it's real whether you want to believe it or not. Call BS all you want, but it won't change the facts.
Letters to the followers this morning of:
PennyStockPress.com
Investor News Source
Penny Stock Master
Penny Stock Crew
It's all dilution. Promoted today by at least 4 major promoters, 75M shares traded and little to no movement? I would guess that at least 50M shares have been added to the market just in the last two hours.
Merger Announcement Only Days Away.
On the INVA board you'll find extensive due diligence pointing to:
1. The resignation of the CEO.
2. The movement of $20M+ in revenue and all assets to a holding company.
3. The holding company is owned by XUII which is trading @ 13X the pps of INVA.
4. A group of patient investors waiting on news of how the INVA shareholders will be compensated.
Speculation is varied, but the consensus is a huge upside regardless of the outcome.
Understood. Nice response. Thank you.
That's a worthy exercise, but it's based on the premise that there are 316M+ shares outstanding. These companies are not required to disclose dilution for ninety days and that's if they're reporting. No stock trades 237M shares in one day with 316M outstanding. NONE. There is no possible way that the O/S share number is still at 316M. They have tapped heavily into the A/S number and anyone who thinks otherwise is fooling themselves.
Look at it this way... How often do these types of situations come along?
A gamble yes, but 1M shares today = $2,000.00.
Downside: The whole thing falls apart and doesn't materialize; the stock price is cut in half before you can finally unload your shares...you're out $1,000.00.
Upside: The holders of INVA are placed into another vehicle at a price close to, similar to, or even higher than the current price of XUII.
1M shares at that point = You do the math.
Today at 4:01pm would be better. It would give us all ulcers for three more straight days!!! LOL
I think it's really just down to... We are holding shares in INVA. The level of reward for doing so will be based on whatever conversion rate decided upon to merge the two.
Another weird component of this whole thing...These two are starting to mirror each other very closely each day on their movement up or down.
Just speculation though.
But if NITH LLC did in fact acquire the assets of INVA, some sort of transaction had to take place.
Preferred Shares typically convert at 100:1. 5M Preferred Shares @ 100:1 = the A/S of INVA. A man can dream, right?
My gut tells me the 2M Preferred Shares of XUII may play a part in determining the price based on whatever the conversion rate happens to be.
Just a heads up. I've been monitoring another stock for over a month based on some extensive due diligence. I got lazy and didn't check it yesterday or today until a few minutes ago. Based on extensive research, I knew when the fins came out, it was going to move big time. Long story short...I missed it. In less than a day and a half, the stock price met and exceeded my projection from over a month ago and I was asleep at the wheel. Don't let that happen to you here. INVA is in a similar situation with even more potential. Get on board, hold and don't let go until this ride has concluded.
It was quiet that day...a little too quiet...
Any contact or discussions with the company by any of us at this point is futile.
The role of the company management is to operate and manage the company. At this point there are very few things they can do to influence the price of the stock, especially with short interest hammering away. The ONLY thing they can and should do is to manage the company, grow sales and profits...period.
I promise you at this point, stock price, number of shares authorized or outstanding doesn't even show up on their daily radar. Once they have a company that they feel is worthy of a higher stock price, and that may be months, only then will they act and most likely the first step will be a reverse split in order to recalibrate a fresh start.
Additional authorized shares or a reverse split. What else is there? The only alternative is solid quarterly results and again, those come with a focus on day to day operations, with little concern for what we say, whether we invest or how we feel about the company.
Where is ALL CAPS today? He needs to get in on this!!
As of two days ago...
The shorts began to show weakness. See message from Tuesday below...
For heavily shorted stocks, there is a turning point that occurs. Usually it is a series of a few days where:
1. The stock price idles.
2. The bid & ask stays slightly higher than the latest share price consistently throughout the day.
3. When the share price jumps back in line with the bid/ask, small purchases are made at a price slightly lower than the bid in a few last ditch efforts to entice further action in the stock.
The indication being that the shorts have squeezed all that they can from the targeted stock. Today (Tuesday) was a classic example. Bought another 2M shares.
Tuesday was a turning point for this stock. NOW is the time to grow a pair, get in and hang on for the long haul.