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Real talk right there.
Chances of any fundage from any 'settlement' somehow magically making it's way into the pink dumpster are slim to nothing at all.
He procured this stinker to move / prove numbers on paper nothing more.
That said a couple ticks and dump it quick like. As usual.
Just a hint, because I like the idea.
However toying in pinkyland with a good idea negates sincerity of any business plan.
SOUM 'stock' is a complete joke
A company does not require to be public in order to trade commodities globally. The two do not mix in any sense of the imagination.
Simply put, they bought the shell because the few involved know how to run numbers , staying just a hair ahead of complete failure, and getting a few dumps of small cash annually, and hiding liquid movement within the shell to fund day to day, and hide said fundage from Uncle Sam.
Might as well feed the one arm bandit than play this stinker.
That said I like the idea they have created by connecting assets globally.
This thing is a one tick wonder all day every day!
Clark show up at work again?
Great day at ERBB for a tick or three
He may not have a choice at this point.
Awesome! Few more ticks and were golden yet again!
I'll go ahead
And suggest what this little spark wreaks of worse than my armpits in the desert sun.
And there we have it again people, ERBB handing out free money, as usual!
Trade it!
Trading like it's been recently is good enough for me. REPEATEDLY banking. Hot dog!
I still have an account with some in it for 'later', were on the same page with the freebees.
Now to start issuing IOU's to everyone they owe money to, and attempt to make deals for cash on loan with high yield returns.
If they can start the fire properly, it can be an inferno in 18-36 months time.
Well they have added enough volatility in their stock so that anyone who wanted to can make some change.
That's why I trade ERBB, it can be traded. I won't 'invest' again until they start settling out some of this debt, which will likely be quite some time.
Until then, it's super easy and generally regular free money.
What a DAY!
And it's not over yet!
TRADE IT!
Maybe, but with that kind of debt they're gonna tweak note holders, considering they would be forced to also split debentures. This will scuttle anyone not in the know with a note. Torching any reason to a keep a churn post split.
If a run prior is planned, what shares will be sold, where are they,market makers washing with one another? And who would buy at market in bulk assuming a run and knowing a split is on the threshold.
Unless of course the settlement is in favor, no split and all debt is dealt with, then the run and then split. Could be. If so it'll go ape nutz for a while.
One good reason, they have no choice
Market Value1 $772,070 a/o Dec 07, 2017
Authorized Shares 2,000,000,000 a/o Apr 10, 2014
Outstanding Shares 7,720,704,217 a/o Jul 07, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float Not Available
Par Value No Par Value
Sure timing is everything here, we would think as soon as the info gets to light from the courts, assuming those directly involved are being advised by council, we would see movement, which we have, so some must already know the outcome. Or at least the general direction.
This activity is right along the lines of every other dormant pinksheet, just prior to a reverse split.
Perfect day for trading ERBB. 2-3 basis point pop is awesome!
All true.
Except were talking about a pinksheet, a pinky that has a proven track record of doing things, well, the pinksheet way.
A pinker that has no revenue and proves it in writing.
A pinker that has just blown out the authorized - which no one does unless they plan to dilute the dog snot out of. Generally for the purpose of attempting to get in debt, heavy debt, and continue to take loans in a repetitive habitual manner, which in turn fund repayment of the prior. In a round about manner
Positive cash flow will never come to this ticker while they have 20 billion shares ready for anyone with a dollar bill to play with. If they do manage to create by some miracle a web platform where tens of thousands of commodity traders flock to, for whatever reason, and their minuscule dividends actually amount to something tangible, they will likely dump as much liquid as possible into some drowning entity for tax purposes. All the while debentures churn.
Don't get me wrong, I like their idea, it's awesome. (Their on paper business model, or what they advertise), but the product they are selling (the web platform) can only go so far unless they find a way for the guy's sitting behind the keyboard doing nothing much of anything, to trade between one another. In other words, finance the initial startup of the average dude/ dudette.
Just my thoughts nothing more.
Exactly, so let the debentures begin
The trick here seems to be creating what appears to be a legit business, and very well may be. Yet on the stock end, capture as many deep pocket lenders to sign contracts at a discount, with the return faucet set on trickle at expiration.
Once the machine is running (many note holders), the plans could be almost anything , yet would appear more legit if along the business model set forth, by investing said funds within inner circle channels, and creating a network of said channels to remove liquid from the books, keeping the books in the red, and the 'investments within the company' flowing.
A repetitive continuance of the above is how to keep moneys flowing. If they can pull it off, we wont see another split. Considering the current size of available shares, this is a hail mary. And of course the initial goal.
Overall we should begin to see trading pick up to a bare minimum of 50-200 million/per session within the next 3-12 months, the alternative, evaporation of members, and repeat attempt within two years give or take.
Once we see this volume, even though the share price may be stuck in the mud, trade it regularly and bank.
It should also be noted, that if the company did not have lenders lined up, they would not have raised the authorized to the peak levels they are now. Let that marinate.
This is why we trade it instead of marry it
As 'toxic' financing for the last several years has made traders nice bank, repeatedly, and regularly.
Another great day to grab a few
People trading this banking, sitting around on it doesn't seem to work.
They buy in ~x=million blocks quietly, over a period of time and sell on a tick. Easy money.
Trust me, trading ERBB is the only means to multiply funds from this ticker, sitting around on shares hoping it will suddenly bounce and stick, is more than likely not going to happen anytime in the near future.
All the malarky this ticker has had going on with it's officers, trading it and forgetting about internal politics of the officers is key.
Always win with ERBB when trading it. Been playing this ticker for years, and I still love it.
Think I'll trade this puppy again this week
Ooof, another great day trading ERBB
Another easy money day at ERBB
Trade it!
Shouldn't be long now people
Fall 2017 share selling season is approaching
300 shares, rockin' today
Just never know with this one, could do so at any time.
And then there is that
As assumed when Westbrook took over, he knows exactly what he is doing, and has a great team around him to accomplish his goals.
There were those who doubted him. Now look at the company, a worldwide penny ticker with just under 2 million in notes to play with.
Well played Mr.W
It is what it is in BTZO land
Who knows what the plan is, if any at all. Other than how interesting it has been knowing a split should have come and go long ago, yet nothing. He seems to be playing the slow as molasses shell game with this one.
Good to see your interested in editing the iBox. Not sure what could be placed there at this point.
Considering it is/was hosted at mediatemple it would likely be SoOum's admin.
The PTR doesn't point to SoOum.com any longer
Yet to google cloud, which appears to be where they are moving it to.
Appears a DNS issue at some point, as if they were switching registrars and the email address could not be verified before proceeding. So it's stuck for a few days.
Hate it when that happens. Whoever, tried to move too fast and borked up.
SOUM with their government CAGE code along side of Western Grade are poised very nicely if in fact there is any new border security, so your spot on.
They could bid on contracts with a setup like this.
Not going to hit 3's today huh? lol
Could bounce off 5's tomorrow
Would be best @ 0001 but no one plays it at 1
It is what it is.
This aint a bluechip man, you've got to play it when others are playing it, no more no less.
I don't know man but the setup looks like it could get close to 3's later today