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Thanks for checking TG.
Trader, what was the reason for not showing art assets on the balance sheet? I thought you had an answer for this previously.
Nice work TG. Thanks.
Sounds like the monies raised in IPO will buy more of these to companies.
I like all the updates on UPONUS, but would really like something about P2P.. Taxi tops.. something with revenue numbers.. something to get things going.. looks like everyone is now just sitting on the sidelines eating popcorn and waiting..
I have been posting on a very large board that I subscribe to, same responses when I post about WHAM, waiting on S1 and more understanding on how they plan on using funding and what the plan is for UPONUS.. and then they ask bout the Yield sign. We might be waiting until January some time to hear anything from them about S1. No doubt it's the S1 that will move the price.. but also we have been waiting for an update on the Taxi Tops.. though those were to be delivered already and installed for Christmas in Vegas?
Now would be a great time to be launching.. noticing all cyber plays on the market are up..
Will the S1 be filed under wham inc or woodman holdings?
Chris, I though you were just about out of this stock?
I agree, 16-.20 is support zone, would like S1 news but I really don't think we get it until after new years.. I keep saying hope I am wrong, but if it doesn't happen today there is really no reason for the next two weeks with most investors on winter break.
I for one would sure like to see the S1 today or tomorrow.. give me some good reading and help me from constantly checking the SEC website..lol Cant imagine what else they might be waiting on now that UPONUS contract is signed.. the whole funding sentence was interesting to me, starting funding.. guessing that with IPO they can complete funding for the rest.. Still have a feeling we might not see anything on S1 until after Jan 1st.. hope not..
Can one of the mods update the chart since Dec 11th?
The more I read tonight about the IPO and price, the more I lean higher too. Cant wait to read the S1 and get a clearer view of the next few months.
Really interested to see what happens to those of us who own shares and what we can do with them after IPO. I read about a lock up period of up to 180 days for those invested prior to IPO but not sure.
Preliminary prospectus is first and does not offer a stock price target, only on the final prospectus does it offer the IPO stock price.
Looks like the preliminary Prospectus comes out and can change several times until a final one happens. This could take some time, but at least will give us more info.
Good info here; http://www.sec.gov/investor/alerts/ipo-investorbulletin.pdf
I think I found my answer:
Under the JOBS Act, it has been possible since April 2012 for "emerging growth companies" to file a Form S-1 on a confidential basis, only making the contents public 21 days prior to the road show for the IPO. This quickly became a popular method for even established companies (such as Manchester United and MGM Studios) to conduct securities offerings.[1]
Thanks, and would it make more sense to register the s1 after the new year vs. over Christmas and New Year holiday or will that not matter much?
Does anyone know if there is a period of time a CIK can be used.. say they issued it last week.. can they hold it for months until it's used or is there a window that that code can be out there until used?
I cant imagine you can be issued a CIK code and then not use it for weeks .. anyone know?
Christmas Check list:
Register S1 now that we have the keys.
- With roadshow starting right after registration, I would think we don't see this until after Jan 1st as most rich investors are already on winter vacation. Hope I am wrong, but all my big money friends are on winter break now traveling until after the calendar flips. This gives them the first few weeks in January to nail it all down. I would love to see it tomorrow but I don't think that will allow them enough time to sell this.. any thoughts around that?
Regardless of this BK talk and questions about technology patents .. we have to take a step back and be very realistic about this situation. 1. we know an IPO is going to happen 2. we know that if we owned such amazing technology and patent on it we would wait until S1 to finalize any sale of our patent and technology to see how much we could make off it.
So, worst case for me and it's not even bad- IPO of 2.50 to 5$ to get us on major exchange is very very realistic here. I just don't see a 10$ price being executed UNLESS this technology was used with our military the past few years and they were paying quite a bit for it and the market will react to that and want the same thing.
Final thoughts are that possibly back in August, when this UPONUS just vanished, is that a cell phone carrier caught wind of this technology - for fun say Blackberry, and they wanted to purchase this so our deal was off the table at that time. Knowing that Isreal seems to have past dealing with UPONUS and who knows maybe a great friendship with that organization, they have found a way to be part of all this by owning a part of the technology and patent and be part of the 3 parties involved and why the PR's needed 2nd and 3rd party approvals for the very small PR that came out the other week.
Either way, the smart way to move the product is to introduce it to the market already included into a cell phone and offered by a carrier that has a history in being the most secured phone on the planet..
That's my Christmas wish list.. probably so far off.. but licking my chops to see the S1 and at least see a 2.50$ price.
See how long it takes Chris12 to remove that post.
HELLO FRIENDS.. I NEED TO COVER MY SHORTS AT ABOUT .15 CENTS.. PLEASE SELL SO I CAN STOP POSTING ON THIS BOARD - YOUR FRIEND CHRIS12.
And who knows this might open higher today as bid is .25 ask .39 this morning. Perhaps this was strategy... wish everyone the best.
Well said, I am in the same spot. Got in early and can ride this down quite a bit, but would hate to see that happen.
Seems like the BOD reads these posts so hopefully Isreal has had enough time to craft a real statement and bring some light to our concerns and as Trader Green said.. throw us a freaking bone.
Speaking of Trader, I feel bad for him as he has been cheerleading.. no.. mascotting this pretty hard lately and burned on scams in penny land before over his past 15 years trading the OTC. Poor guys wife is tuning in her notice today according to one of his posts, that's how real this got for him and his family. I bet his wife didn't sign that sex LOI last night either.. I know mine didn't.
Glad I will be tied up in meeting the next two days so I wont be ripping my hair out with the silence treatment I think were about to receive from the wizards of Oz at WHAM. Hope I am wrong.
GBE Whammers.
Well, I have looked at these past 3 PR's and read Theodore's post from Friday seven ways to Sunday.
The Pr this morning said the deal is done.. rest assured. That doesn't sound like a LOI to me.
I am hopeful that this news of the year, solidifying Wham and adding intrinsic value to the stock, shocking Wall Street is still yet to come. I am hopeful that lawyers have tied this up a little and the only thing they could disclose was that a LOI was completed.. that could have been done last week.. and 2nd and 3rd parties have not officially approved to PR the news.
Where the IPO falls into this, I have not a clue but the PR about solidifying Wham clearly included the Attorney's name and firm that is putting it together on their behalf and seems realistic.
You would also think that Theo and Sid would be posting if they could, if this was all the news to come, they might try to salvage what happened today. WHo knows tomorrow's PR could be they all sold their shares.. but as of now, I don't see it on the SEC.GOV site that they did that.
I do believe that Isreal has to be like Lucy and do some explaining before the bell rings tomorrow to keep this from 7-10 cent range. I sure hope he does, to much has gone into getting this into the position it is for explosion and we all drank the Wham Kool-Aid.
But it appears this was a total pump without having to pay for it from a big firm... I really hope I am wrong guys and gals because it was exciting knowing we were part of something bigger than our boring old lives.
in memory of STKSFLY.. TIC TOC TIC TOC ISREAL.
My plans haven't either, just getting more skeptical each PR that comes out. They want to take this to the next level, higher exchange.. but I don't see these PR's lasting long on the NY or any other exchange.. I know deep down your frustrated too, but your better than me at holding it in. No Theo or Sid to comfort us tonight.. they wont post on here anymore.. just all looking like an OTC penny stock at times and hard to get my head out of anything else.
Penny Stock rule #1 - buy on hype, sell on news.. classic chart today of that.
Hope tomorrow Isreal gets the facts on the table. (sound of a balloon fizzling out.)
what is his phone #?
I think everyone is licking their wounds from the historic PR that came out today.
Hey, did anyone watch that show on History Channel last night about the guy that decided to let a Python eat him so he could film it.. all the commercials leading up to it spoke about how he would be swallowed whole by the snake for research... Yep I watch the entire thing only to find out he never did it..
Amazing PR by History Channel.. sucked a lot of viewers away from Sunday Night Football.. but I don't think many will be turning back in for "man gets swallowed whole by snake part II".
My post last week said this sure feels like a marketing ploy.. hmm
Isreal has about 15 hours to correct this situation or it's "6 callers ahead of us Jimmy"...to exit.
Anyone ask Isreal why even PR this paragraph? How does it add intrinsic value, why not keep everyone in suspense like he did all weekend, until he could tell the whole story? And how does this add long term value to the stock? Help me understand that to those of you saying Isreal has a strategy to add long term value.
Why would any company put out information to drive a price down?
This move makes absolutely zero sense to me at all and "this is a good place to buy more".. come on, I have some ocean front property in South Dakota for sale right now.. who's buying? 80's and sun all year round there.
Gut punch #2..and both coming in less than 1 week and I know I said I would be in quiet period for 2 weeks because I had a feeling more of these games would be played and I didn't want to be caught up hyping up this and get egg on my face.. but I cant just find any reason behind this PR.
We had UPONUS 5 months ago, and it disappeared without any reason..some people on this board even downloaded the app to their phones.. and then over night .. GONE.. now we might possibly have it back at a minority level.. might.. according to a LOI.. letter of intent...I have a letter of intent to purchase APPLE.. but I need to get Jobs out of his grave to sign it.. then were going places.
He knew this would raise "eye brows".. so go ahead and post a PR that will devalue your position.. am I the only one that is losing some respect here at this type of PR campaign?
What ever happened to NO NEWS is GOOD NEWS.. stock was doing just fine while all of us were playing the what if game and how were going to buy jets and retire and tell our jobs to take a hike..
News needs to be impactful about potential revenue from this move and timelines and % stake in ownership to win... no, to EARN back some of the new investors we shed today otherwise you can put lipstick on this pig while calling it something else, what ever you want to.
I know I am being harsh, but come on guys.. regardless of 2, 3, 5 years waiting on this.. you have to admit these past 3 PR's are making Chris12 look like the smartest person on the planet or he has insider information.
I didn't see this happening today- NO PR.. and I don't think a PR will come now until possibly Monday at the latest and I hold my breath with that.
The word "IF" yesterday in his PR would have been nice.. like .. IF all parties sign the terms and conditions, communication will be tomorrow on this unprecedented event in the history of WHAM.
Instead Isreal choose to exclude it and made a forward looking statement with communication leading to the impression news would happen today and it didn't happen as of 5pm EST. And I apologize for this post if he still sends it out after this post, but I am huge on doing what we say we will do and I would expect the leadership to do the same. Even a PR saying were not yet there with what we want to share.. to keep everyone breathing right?
I am still very supportive and positive on the leadership of this organization and will wait even longer now.. but I do find these tactics as a marketing ploy.. AND I hope I AM WRONG and not all parties have signed this unprecedented terms and conditions of what no one knows is at this point.
I cant keep hitting refresh on all the news outlets anymore today.. going to use scotch to drink this silence away.
I am sure this post will get deleted.. but I am in the million plus share club like several of you on this board and would expect leaders to lead. Guess I bought into that PR more than I should have.
Good luck everyone.. Going into my own silent period now like Trader Green did. See you all in a few weeks.
POWER HOUR PR.. PLEASE!!
PR coming in 10 minutes.. I can feel it
I know he has a strategy...
BUT..
I cant imagine what new investors might think if nothing comes after the PR yesterday.. might rattle a few newbies...
I hope it's within trading hours.. don't know if my stomach and lack of sleep can take the whole weekend wait.. but I keep telling myself that either way it will add value to my portfolio when it comes out.
$WFMC
I know the BOD's read these posts.. COME ONE ISREAL, give us that juicy PR... you have us all on the edge of our seats...SHOCK WALL STREET NOW!!
:)
Agreed- feel sorry for anyone who sells from this day forward..
building suspense.. power hour will be HUGE... hopeful news hits and whales have the weekend to see it...
GO WHAM!!
Chis, you going to try to unload more at .15 cents this morning? Or try to see if you can sell more at .10...5? how many more do you have to sell?
I will buy all of them at the bell at .20 cents if you want? Let me know and I will put the order in now for opening.
I have thought about this way to much, I am traveling for work and the hotel had the fire alarm go off 3 times after 2 am.. so no sleep and this theory might be from lack of sleep..
I believe that last week the S-1 was completed.. Friday- thus Sid's comment "next week will be amazing".
Next, back in the summer when wham decided to remove UPONUS from website, even though they had the LOI signed, was because UPONUS and WHAM already talked about this venture was going to be based on an IPO offering.. but if I was the CEO of UPONUS, I would want to get in a partnership with a company that already had approval for the IPO if that is what was going to pay them for sale of the patent and technology. So UPONUS probably said.. we will agree to terms once you have the S-1 approved by the SEC.
So last Friday WHAM knew they had approval, next line of business was to get wet ink on the agreement with UPONUS which they completed yesterday.
My hopes are that today Wham Inc can announce registration of S1 and signed contract for 100% ownership and partnership with UPONUS. I also hope that the partnership also includes a carrier cell phone company and announces that production of new cell phones with the technology already built into it will be released to the public the summer of 2015 with expected sales in the billion range and or partnership with APPLE for Iphones, Blackberry.. exc..
I know this is a long shot, but if it's true and a 10$ stock price target.. we only have 60 million shares issued until the IPO date.. so this could be over 10$ before the IPO date.. and WHAM needs to be careful that public doesn't own to many shares.. so a possible 2 for 1 split or 3 for 1 split might be needed..
So many possibilities it's really mind boggling. I just hope they don't come out and say.. Unprecedented History... we sold a 7 million piece of art.. or we broke ground on a building in our construction division or we have a new t-shirt design for elderly clothing (no offense Sid).. but to state unprecedented event in the history of WHAM means something that has never been done before and I expect the PR to be exactly that.
I hope I am right about my above wish list.. that would mean we have a 10$ stock within days.
I have a meeting right when the bell rings so I am screwed out of the excitement if news does hit before the bell..I would not be surprised if news hits right before lunch break for Wall St like it did today.. might see weak hands fold early and they blast off.. very interesting how 10k total shares sold yesterday dropped this to .1995, but this will allow a large number of potential investors to flood in right away..
Best wishes today everyone on becoming one step closer to Solidifying Wham with unprecedented history making news today. Hope we all are celebrating instead of scratching our head today.
G.B.E
Guys.. UNPRECEDENTED EVENT..
Go back to this PR.. from July 11th..
http://www.accesswire.com/viewarticle.aspx?id=417727
This is stated...
Wham Inc. will conduct and utilize the new passed JOBS Act Law and use crowd funding to raise the necessary capital required for the project on the Wham Inc. plate if needed. A potential offering may be necessary and is being discussed for a 100 million shares at 10.00 for a Billion Dollars for the Mobile Encryption Software Project. We will keep our shareholders informed as more details unfold of this unprecedented event[color=red][/color].
Clearly states unprecedented event in regards to crowd funding and mobile encryption...
Trying to make sense of the PR today and the riddle.. thoughts?
I slapped the ask at .2 for 10k shares and got them filled at .1995...
I cant help but wonder who would sell right now.. but buy hype and sell on news.. who knows.. crazy to see the ask at .2