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Every time we look at the situation and come up with a point of view, we also come up with more questions that, when answered, change our point of view.
How about this: Let's all cash out, take the $42 we have left and buy lottery tickets.
I don't understand the RS, but, I'm sure there are a few things in this world that I don't understand. I only hope he is doing this for my betterment.
I like that question. It is almost like a Division By Zero issue.
The final price of the stock on the day before the RS will be exactly the last trade price.
You cannot trade at Zero.
I agree, but I think that is more of a Supply and Demand on the shares.
With 5B authorized (I realize that many are not in the float, but, could be), there would have to be a lot of buyers to get a big move.
With the low float (probably about 800M after the dump the last few days), it wouldn't take much to get this to move. But, not everybody will just buy, based on the low value of the company or the PPS.
Once the RS hits and the price goes up to $.04, we could go in either direction, depending on what happens between now and then. Some look at it as an opportunity for the CEO to dump more shares. Others look at it as a consolidation for a more stable stock price.
In the end, it will only move up if there is Positivity around the company and it will move down, if there is not.
As I said, I am holding 3M shares. I will keep them and see what happens. With just under .0005 as an average cost, I can afford to wait and go all or nothing. Those that can't or don't want to are dumping right now.
I have a company...I have two of them, as a matter of fact.
If anybody is willing to pay me $120K for BOTH of them, I will sell.
There is a calculation for the value of a company, it is not just a number. If the company has no future, there is no value.
I am having a difficult time figuring out what the future value of this company is going to be. I will probably hold my 3M shares until it becomes Zero or goes to retirement level.
Right now, I think the former is the direction it is going. Boy, do I hope I am wrong, but there needs to be something positive coming out of this company soon for me to have any confidence.
I am working on contracts every day, but they don't all work out.
The last one that came through did nothing for the value of the company.
By the way, my big plans are to win the Mega Millions jackpot tomorrow.
A reverse split for any Sub-penny is bad news. Unless, which I didn't see, there was a commitment from someone to offer financing on the post consolidated shares, I see no up side.
Up the A/S to 5B, do a reverse split, get the value up to $.04 and dump about 300M shares to get 12M in financing on the backs of those holding the shares. After the dump, the price drops back down and we never see our Break Even point again.
This is going to ruin my streak. I have not sold for less than what I paid in 11 months.
Just to put a little (or a lot of) salt in the wound, after the news this morning, you kind of are...
Don't worry: Nobody held because of what you said and nobody bought because of what you said.
The only way to get this up-listed is to keep the PPS up. I just don't see him getting to the limits he will need by a 200 to 1 reverse.
He would have needed to do about a 200K to 1.
I guess we see why all that dumping occurred. Do you think they could be sued for trading on Inside Information? If they can, I want my $800 back.
The price can't go any lower than .0001. If you do a reverse split at 200 to 1, the value of the share you have is now $.02.
Now, the price can go lower. Reverse splits are a dangerous play in Sub-pennies.
Johnny, when you said we were going to get news, I thought you meant it would be good news!!!
That is not the kind of news I was looking for.
Your statement in response to mine about the dumping was just that he was trying to list on another exchange. I thought you were specifically addressing my question, but I see, now, that you have been very active and you were not specifically answering me with that particular statement.
I hope you are correct about the news tomorrow.
Why would dumping shares at a low PPS assist in getting the company listed on another exchange?
That's all well and good, but IF the float is still just above 400M, that was 25% of the shares.
In that short of time, it seems to be a dilution.
Unless there is something going wrong, I don't understand why they would be dumping corporate holdings at this low level.
I guess a little good news at this point is what we need. I'm sure I am in at a lower price point than those of you that got in back at $1.35, but I still have money in this company and I would like to get something out of my 3M shares!
That was a 100 Million share dump at 0002 over a couple minutes. That can't be good.
I asked for someone to sell me the balance of by 2M order and they did.
Thank you.
Now, since I got that wish and the volume seems to be spiking, I would like to ask for a Press Release that updates Santo's current status and future prospects.
That way, we can ride this back to the all time high of $11 and retire in style.
I'm trying to buy 3's, but nobody will sell to me. I have now spent $20 in commission fees to buy $8.50 worth of stock.
Will someone sell me the rest of the shares at one time, please?
This is going to be my retirement plan, so sell them to me and I'll ride the price back up to the all time high of $11.
That will work for me!
I saw that and thought that might be more of mine, but it wasn't.
I was first on the list, now I'm not. I just want someone to sell me the balance of what I want so I only have to pay one more commission fee.
If that is the case, I was an Admission Pass.
It seems that the desire to purchase has gone way up. That is a positive sign.
Although, I had 400 of a 2M order fill at $.0003 yesterday morning. I just paid a $10 commission to buy 400 shares that need to run up to $.025 before I can break even.
True. But, that also means that they are not willing to buy at a higher price yet.
One publicized motion in a positive direction could spark a willingness to buy.
The question with that would be: Is this a positive step for the company or merely a pump for more dilution in the market?
All these games we play. I'm glad all the money I have invested doesn't mean anything or I might be upset about it.
Not one single share traded today...What does that mean?
I'm still in and I'm thinking about averaging down. Although, my average right now is 0.0008. But, one good PR and we have movement that will make us money.
This is where, as an "investor," (yes, I use that term in quotes) I wonder whether to pass on what I see or hold it to myself for just a little while longer to A.) See if I am right or B.) See if I can get more shares before it goes up.
I'm not buying more, I have bought enough. Asher Corp owns right at 10% of the company (per the filing on 10-25-13) and their trend is to sink the price, buy more and then pump it.
The two things to look for when a PnD is coming are the 2 periods of high volume. 4-10 and 4-11 was the first. Today, 6-12, appears to be the second.
That would mean that during Q2 in 2014, they would acquire more shares and dump them by the end - the 30th of this month.
As of the file date, the stock price was $0.04. Unless they were able to average way down, I would expect that they would be looking for a price above that level out of the pump.
Am I right? Maybe, maybe not. Did putting this out on the board kill any chance of that happening?
Now what?
That's what I was thinking, too.
Hopefully, somewhere around the half penny mark, there will be enough volume to trade out. I think anything above that is going to be a risk on having enough buyers to get out on the way down.
Or...we could dream big and hope for a promotion with a gap up to about $0.015! Or, I'll just buy another lottery ticket.
The next question is: How high do we ride it?
I don't see this going to $1 (although that would be nice).
Hay-penny, Penny, Nickel?
10M on the Bid, with nothing on the ask, yet, nothing is moving.
Is this a lack of interest or is it the rubber band being stretched?
Very light volume makes me wonder if I should dump (no plans on this) or add to my position (which could be very profitable).
Does anybody have any (non-emotional) opinions?
I must be speaking a different dialect of English...What?
Look...I have stated that the company taking 10% ownership has a history. I am asking if there is anybody else that sees the history or thinks something else.
If you disagree or have an opinion, please, explain it. I would ask that you do it in English, because that is the language I speak.
You have a great number of characters to use to explain your position. Feel free to use them all, if you must.
Most of these stocks eventually go away, we all understand that. However, we are willing to take a risk, or, at least a semi-calculated risk.
I noted on the other SANP board (before I realized there were two of them):
"Back in Oct of 2013, Asher Enterprises acquired 9.99% of the company. I wish I had that many shares at their price, I would sell now for a big profit.
"The questions are: How low do they push this before they start pumping to unload? and How long do they wait?"
When they got acquired those shares, the stock was $0.06/share. They haven't been able to unload those shares, unless I have missed something. There has to be a plan for raising the PPS.
So...what is everyone thinking with this stock?
I am looking at this being a Pre-Pump period. How long does anybody think it will take?
Or, is this on its way out?
Back in Oct of 2013, Asher Enterprises acquired 9.99% of the company. I wish I had that many shares at their price, I would sell now for a big profit.
The questions are: How low do they push this before they start pumping to unload? and How long do they wait?
The one thing I don't understand is: If they are diluting, why would they not be under a promotion to get a strong spike in the PPS and THEN dump. I know StockRaker said one is starting. We went to $0.95 and then down to current levels. Why the continued dilution at this level?
If they got to $0.01 before, why not again, then dump?
And, is there someone that can explain to me how that $0.01 sale went through this morning and how can I do that?
I want to thank you for pointing out that I am a new alias. I did that in the first couple posts, so it is not a secret.
I did say $0.25 as a top end PPS, so let me play Senator and clarify: I can see a company with a top end $0.25 PPS valuation; however, I am looking at the valuation being $0.03 to $0.05 when we get to the 2nd quarter. I stated that in the same posting.
This is where most people on the board would say something like, "Dude, did you read what I wrote?" But, as Shift-4 stated in 9702 - "I told you, PS, a couple of month ago to be wary of what happens when this board gets less friendly." Although, you did mention the "...momos too stupid to notice..."
I created my alias to be able to state what I think for comment and ask questions. The problem I see coming, is that asking a question is not going to get a structured response based on comparison to previous situations, but rather gut reactions to which side of the two possibilities there are and venom when it is ignored. Remember, this is all IMO, and not everyone will agree - just, be nice.
The Mark Cuban issue: I wasn't interested in the fact that he never allowed his name to be used and I'm not sure he can stop it. Business dealings are between the companies and, unless a Non-disclosure is signed, can be exploited by either company. If Cuban decides they need to go another route, because they used his name, that is up to them. Another point: If nobody from this board (or other online stock board) would have called, they might have received more orders. So, those phone calls could have cost the company business. It doesn't matter that the PO's are less than $5000. The OTC boards move more on the idea of something. We want the PR's to come out.
When VTMB went dark, it did cast a shadow on the future. Without changing that, they will not be any more than every other Pinky out there. I would say that, other than a flood of emails, CEO's don't pay attention to these boards and we don't have as much influence as some seem to think.
Now that the tone of this board has changed (as referenced above) and I don't see it changing back (I tried), I will probably just go back to watching, filtering the noise and doing the best I can to be positive about what I am doing.
If it was a normal company on the NYSE or NASDAQ, there would be no reason we would invest. The OTC gives us the chance to profit on trading stocks. Not necessarily Day Trading, but Swing Trading on a short term trend.
I, personally, do not think the trend is over. I am still looking at April to June as a target time line and for a possible top end PPS of $0.25. It will take some changes for that to happen. Reporting needs to be caught up and the numbers need to look good.
If during the April to June, we see $0.03 to $0.05 and sit around $1.3 - $2.2 M valuation, that is very respectable and very possible.
I hope this is not a pump and dump, but I don't mind if it is a pump. Stockholders and the company both will benefit. Decisions, decisions...
I don't "want" anything. Are you implying that a new promotion is starting today? If that is the case, we should see a great increase in the next few days or week (Always get out before the end of the week, if that is the case).
I would like to think that this would be more of a promotion like they did with LIVE that would sustain. Although, I don't think VTMB has those legs; I would take half of it. And, no, I did not buy LIVE at $2.50, but I wanted to and couldn't pull the trigger. Regretting that one, too.
That's why you have to "turn down the noise" and not follow the Cheerleaders. Remember, they didn't like you in High School and don't like you now. (Too personal?)
I still don't see this being a Pot Stock. They may, but I don't see that being something that Average Joe knows about at this point.
I have been upgraded!!! I have 15 posts a day now!!!
When you refer to the fact that the CEO is foolish to act like he doesn't know, are you talking about his release today? If so, I missed where he said that.
More often than not, when I hear the stories of promoters, especially on the OTC, it is always short lived and the stock drops back down to where it started. In this case, August is the last noted promotion (not to say there isn't one we don't know about yet), but I can't see that accounting for the last two month's raise in PPS.
In the market, if someone is buying shares, someone is selling. Doesn't it stand to reason then that if someone is selling shares, then someone is buying shares, too?
The only real question then is: Are they new shares to the open market. Frank stated that nobody on the inside is selling, so that would mean that there is no dilution.
Of course, that is based on his comment being the truth. But, if it is not and the SEC determines it is a false statement, he is subject to prosecution, right?
Two PR's and no real effect on the price: I don't consider that a telling item, since the first was not really a PR showing a positive change in the company and the second was only stating what we should have already known.
Sometimes I think anybody who would get into this game has to have a Stupid Streak running through them. I go to casinos as well. I get it from both sides: During the day and my fun time!
I would like to thank mikeysox21 for responding to my posting, although, I don't think it was me to whom you were responding.
I clicked both links that the bottom of StockRaker's post. The first was going back to an August promotion and I'm not sure how long the memory of the OTC actually is. Does it really have that long lasting of an effect?
The other was 3 minutes of my life I will never get back. It was just an ad for a software program that will search and compare charts. But...that got me wondering...
If the MM's can manipulate the market and walk the price up or down, they can also control the appearance of a chart. That means that they control everything, including what we see and, ultimately, what we think. If we read a chart and "determine" it will go up, they put that thought in our head by controlling the price and the chart.
I bought in on the OLIE boom in December and got out before Christmas with a nice little profit. Isn't this whole game on the OTC's a coin flip?
I am trying to guess what everyone else is going to want, before they realize they want it.
I have posed a couple questions, if anyone would like to take a stab at them. I only have 3 postings a day, so they are a little long.
I just sold a stock today for a little profit (better than none or a loss), but it continued to go up. Secretly, I would like the stock to drop again, so I can be proven right in the long run. But, I made my decision and have to stick with it or buy back in at a higher price.
I seriously doubt that the tone on these boards will ever change, but if I had information that could be beneficial to someone, I would pass it on. But, I would do it nicely.
If someone gave me information that I reviewed and disagreed with, I would explain why. But, I would do it nicely.
I feel like I am doing a stock version of Roadhouse. "You will be nice, until it is time to not be nice."
Pounding a stock hard or promoting a stock with the same intensity causes people to be skeptic of your intentions.
What ever happened to conversation and information?
I'm still holding this, looking for other opportunities and trying to turn down the noise.
I was glad to see Frank's response to the questions that have been posted and the comments that have been made, but I do agree that the price will not be affected much by small, token press releases, but real, hard numbers. I thought there was going to be a nail in the coffin with the suspension of reporting, but it didn't waver the support much at all.
Current numbers and full reporting would make a difference, but if the numbers are bad, we are all in a lot of trouble. I just hope they are, as reported, reflective of a banner 2013 and are released soon.
I always decide on what stock I am going to buy and why before I see what is being said. I'm a new member, but have been reading the boards for a while. I also have to post so I can be reviewed to have my limits raised.
I have been reading the postings and the references to PRs, but, quite simply, I bought into the stock based on the charts, my gut about the company and the price point at which I could get in. Sometimes it is difficult to filter out the noise, but I am in on VTMB through the April/May/June period to see where things go with the business.
I do not believe that this is the next MJ play, but they will be associated with the product and lifestyle. We all want that next cheap stock that runs to retirement levels, but I don't think this will be it, unless you have millions of shares. I have 200K.
I'm hoping that business turns and they increase production and profits and this moves to the $0.25 range by the end of my play. However, I will be happy with anything in the $0.03 to $0.05 range, because that is profit. (40% of which goes the government, but it is the American way)
Of course, I will be watching as things change and may decide to sell earlier, hold longer or buy more.
And, if I have to tell you that this is my opinion and only my opinion and you should do your own DD, you are not filtering out the noise from this board as you should and are taking what I have to say way too seriously.
Why do I always get tested right after the purchase? I decide to buy in at the ask of .001. Within seconds, we drop to .0009, then on to .0008 and now we are at .0007. Buy stock and drop $150 in 4.2 seconds. Gotta love this game.