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Rory secures more financing and gives himself another $100k bonus?
Have you ever considered the extreme speed and excelleration of a Telsa just might be the cause of these "unintended accidents" instead of the cosmic alignment of sun farts with Uranus?
My buddy is a Tesla nut. There is no other automobile worth owning or driving to him. Elon is (almost) God.
He owned a performance 3 that he gave to his wife when he bought a full-blown Y. He sold the 3 & gave the wife the Y when he bought & just received his S Plaid.
Within 48 hours of owning the Plaid, he looked frightening when he told me how somehow hit 130 mph in an instant & almost hit the car in front of him on the highway. The speed got away from him. I say this because this is someone who is "familiar with" the massive acceleration of Teslas. FWIW, he also has a modified Shelby in his driveway so he knows what "power is".
So now think of the knuckleheads who drive a Tesla for the first time with no clue of what it can do. He drove us last Saturday to the Coastal Carolina College football game. You know those movies where they show astronauts on launch squeezed back in the seat from the G force? That's what it felt like for the 3 seconds he punched it shortly on our way.
There is no "special test" Tesla drivers need to pass to buy one, you just need money. How long would it take for the average Subaru driver to crash if they were popped into a Nascar car race? 1 lap?
IMHO, it's only a matter of time before Tesla will be forced to issue an an OTA update to restrict the acceleration of their rockets (aka cars).
Just saying...
Dilution is good (for Rory). It must be good since he gets bonuses for it!
Re: Raise money through dilutive rounds while expenses are utterly out of control.
From filing:
On July 29, 2020, Mr. Cutaia earned an incentive bonus totaling $100,000 for the successful closing of our March 31, 2020 private placement and the July 24, 2020 underwritten public offering of our common stock.
On July 29, 2020, we granted Mr. Cutaia restricted stock units valued at $500,000 payable in 471,698 shares of our common stock. The restricted stock units are subject to a four-year vesting period, with 25% of the award vesting on the first, second, third, and fourth anniversaries of the grant date. The price per share as reported by Nasdaq on the day of issuance was $1.06 and was used to calculate fair market value.
On July 29, 2020, we granted Mr. Cutaia restricted stock units valued at $176,000 payable in 166,365 shares of our common stock. The restricted stock units vested on grant date. The price per share as reported by Nasdaq on the day of issuance was $1.06 and was used to calculate fair market value.
A quick check of Rory's total compensation for 2020 & 2021 was $3.141 MILLION. Plus, he still gets paid if he leaves "under ANY circumstances" for something like 4 years!
So take note shareholders, it is VERY IMPORTANT we all vote FOR the Executive Compensation plan! As long as we keep paying Rory to F us, he'll keep the ponzi fun going.
I know, I know, lots of fortune 500 CEO'S get paid the big bucks too and they're just like VERB!
Rory is a genius.
Why care about the "percentage" of shareholders who filed a claim?
Yes, those that filed a claim and it would be interesting to know the percentage of shareholders that filed a claim.
How many shareholders were there during the claim period?
And the only thing that really matters to claim filers...
What is the sum of valid losses as defined during the claim period?
I recently asked someone at administration if they had a "ball park figure" of the total dollar value of valid claims. The answer was "oh no, not until spring 2023, April, maybe March"...
Let's hope...
I'm really good at this. My guess is the opening PPS on 8/25 will be 33.33% of the closing PPS on 8/24...
Did you read the phone stuff regarding "Neuralink"? Says probes (or whatever) would be implanted in your brain so you can control the phone with your thoughts!
Would you still be first in line?
I don't think I've ever gotten derogatory, nasty, or name calling with you? I can, but I prefer not to...
With that, what don't you understand that CANADA allows them to file whenever they want, as long as they say "please"? (ask for an extension). So no, It's not "now" Canada's fault, it's ALWAYS been Canada's fault!
Please list the fines HIVE has received from ANYONE for filing issues. If they are in default, why haven't they been delisted?
Do you know the filing requirements of TSX listed stocks? If not, please research it.
So yes, HIVE can say my dog ate my filing. No harm, no foul. AND, as I've also said, I don't like it, but I understand the filing requirements. My choice is to hold, or not. Simple.
So what exactly is your point?
Ha! Clearly Rory has Facebook shaking and on the run!
And after reading that link, I'm looking forward to the pivot to "Verb Reels", it's gonna be huge!
CC to Blue Sky's too: I have a close friend who is a 100% believer in "the secret". He is a smart dude who recently became quite successful (during Covid) due to a pharmaceutical patent he received decades ago. I should note there is a "strong bloodline" of mental illness in his family; parent, siblings, multiple children.
Instead of giving credit to his brains & perseverance, it's "the secret". I cringe when he brings it up.
Just the other day, since my car was being detailed, he picked me up in a backup vehicle for a 2-3 mile drive since his new Tesla Plaid won't be delivered until next week. The cars' air conditioning broke and it's 100 degrees plus humidity in South Carolina.
But he "fixed" the A/C by recharging it. Before we got in, he told me he fixed the ac. I said nothing. There was traffic. After a minute or 2, he said, good thing I fixed the ac. I said nothing as the vents blew hot air. As we approached our final turn, he said, at least we're cool since I fixed the ac. (My dog Jeff was on my lap) I said nothing. Less than a minute later, as we parked, he said, at least Jeff stayed cool since I fixed the ac. Jeff was panting and I was sticky wet. I kind of snapped & said "on a scale of 1 to 5, the ac is a 1". (Which was a compliment since it was actually a minus 1) He firmly(somewhat angry) said, "the ac works".
Yeah, he manifested the ac to work. Maybe I need to watch that thing so if there's a next time, I'll be cool too?
Sounds like a good project for you to keep you busy? Please report back on the timeliness for each of the 238 companies based in Canada that are also NASDAQ listed.
Like I said, I don't like it, but HIVE technically did absolutely nothing wrong, because Canada allowed it. Are you aware of a fine, or penalty? Maybe Canadians are bad at math & need extra time?
In the US, individual taxes are due April 15th. If the government said "take your time, file & pay when you can, just let us know". How long do you think people would take?
Blame Canada.
I could have posted the same, blame myself. Was sitting on a decent profit after some sells. "IF" I had bailed around $3 I was looking at >$300k profit.
Thought I was cute with my "$4.20" sell order that obviously didn't hit. Did the same & loaded up during the "temporary" decline to 1.90 ish, low 2's...
LOL indeed! I never thought we'd get 100% back and didn't think I said or even implied that in my post?
My point (that I obviously didn't make!) was "if ONE person" lost close to a million dollars, that simply doesn't bode well for all of us. My total loss was around $30k but "only" about $23k is eligible for the claim.
Yes, truthfully, I would've been happy to recover a couple grand but now maybe enough for a decent bottle of wine? I also realize it's kind of like buying a mega millions lottery ticket and being pissed to "only" win a $100 bucks.
With that, do you or anyone else have an intelligent guess as to the total shareholder loss amount? I haven't a clue...
Peace
Yikes! I received all 4 of mine on Wednesday or Thursday? (4 separate accounts) FWIW, I filed by mail on the last allowable postmark day.
In addition to filling out the forms with my transactions, I submitted TDA statements that had all my OWCP transactions & holdings. I went thru 4 or 5 Sharpies and "blacked out" all the non-OWCP info. Sucked but thought that would be best?
What really sucks though, assuming you are accurate/truthful, is not just your loss, but if one person accounts for about 25% of the settlement, that doesn't bode well for the rest of us...
Good luck to us.
Since HIVE is a "foreign Company" (Canadian) and they follow TSX rules, the FY report was due on June 29. So technically they were "only" 23 days late.
However, since they filed official late notices they are automatically granted extensions. So no harm no foul. Sucks, but it is what it is.
Blame Canada...
Thanks, my bad. Had my head in the sand and forgot about fiscal year end!
Q1 Financials for the period ended June 30 are typically not reported until OCTOBER. Not sure what you're expecting "any day"?
Tesla vehicle resale value: I have a buddy who owns 2 Teslas, a Y & a 3. He ordered an S about a month or so ago. Tesla offered $46k trade-in on the 3. (Has about 10,000 miles on it) Carvana bought it from him for $58k, which is what he paid for it 2 YEARS AGO.
Free "lease" like, right? Just saying...
SEC SAB 121 recent bulletin basically says companies holding Bitcoin "must" declare the potential for bankruptcy.
So there's that...
It's not the "shorts", clearly the issue is the stupid company name and stock symbol. All we need is another change so here's some suggestions...
Since "VERB" didn't work, how about "NOUN"?
Nothing Obvious, Underwhelming Nothingburger.
"PONZ" Products Offering Nothing, Zip.
Or something a bit more "positive ":
"SCAM" Super Computerized Awesome Marketing.
One of those oughta doit!
I heard they're working on a Monkeypox test! It's gonna be huge.
(That's what the voices in my head told me)
F me! Can't wait for the reactions after people see what f#@*ing Frank announced tonight...
Yeah, the orders filled on Friday. Lucky me...
I put a couple of small buy orders in at .666
I figure if they fill, it will confirm it is all part of Satan's plan...
I'm surprised nobody tried to say going back to the OTC would be a "good thing"?
Probably waiting for the "notice"...
I guess the next couple days will reveal if today was a fluke?
Serious question: Does anyone know anyone using a "paid" version of a Verb product for anything? Seriously, I challenge everyone to stand out in front of their local Wal-Mart & ask people if they've heard of Verb.
I admit I'm a bit isolated, but whenever I talk to an IT person, I ask them if they've heard of Verb and haven't found one yet? Wtf?
Wrong. The "period" for shares purchased is 11/18/2016 thru 09/22/2017. The 3.23 intraday high was on 2/22/2017.
I personally paid between .17 cents & 2.65 during the "relevant period". Most of my shares were sold after the last day of the "look back" period, 12/22/2017.
The "recognized loss per share shall be the purchase/acquisition price minus .39 cents". So I expect to recover zero for the .17 cent shares & 2.26 per share for the ones purchased at 2.65
Thanks for the info.
Thanks for taking the time with a civil, detailed reply...
I never said or intended to say it isn't a "real company". I mentioned a lack of confidence which is directed at management.
If the "PR typo" were the only issue here I also would quickly dismiss it. And yes, I definitely expected pushback but I have no desire to dwell on it.
Peace
I'm the one who posted about the "simple typo" in the PR. I also found it ironic that a similar mistake was made in the FBI document.
With all the "stuff" surrounding this company at present, the CE, ongoing investigation, etc, why is it so easy to dismiss another act of incompetence? Whoever wrote that PR should at least have 1 finger chopped off with bolt cutters.
FWIW, I do hold some shares here. Serious question: Is there anything, anything at all, that MF could do wrong that you & others wouldn't dismiss as a simple, honest, forgivable mistake?
From the PR Monday 2/7:
The company is pleased to announce that it is accomplishing its goals in becoming a vertically integrated Hemp Company as expressed early on when our CEO first got involved back in December of 2021.
Yeah, lots of confidence in this "company"...
I shaved my full head of hair 20 years ago for Halloween. Liked the look & feel so continue to shave it, as recent as today.
Ha! No haircut for Chuck!
First Ever NFT ETF Launches: Here Are The Details And Holdings Of NFTZ
https://markets.businessinsider.com/news/stocks/first-ever-nft-etf-launches-here-are-the-details-and-holdings-of-nftz-1031019915
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Hive Blockchain Technologies (NASDAQ:HIVE): 4.1%
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Quick check looks like all miners are included, check the link for details...
Actually closed at 130.26 in regular hours. Even more "unbelievable" is DOCN still seems to be flying way under the radar! Nobody cares!
I'm probably dreaming, but can you imagine this being a "Shopify"?
Earnings released on Sedar...
Net income and comprehensive income
for the period $ 58,926,405
Basic income per share $ 0.16
Diluted income per share $ 0.15
"Period" is "3 months ending September 30, 2021"
Could be, but as usual it will depend on BTC/ETH action...
Options trading has begun...