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well, another sign of a pump and dump... name calling. This company authorizes 700 MILLION more shares! The current shareholders will be diluted and/or a revers split will be the outcome. I know what I am talking about. IMHO, this is going to end up with the current shareholders losing. 700 MILLION more shares! Name calling... this sure looks like a pump and dump.
here are my morning random thoughts.
In my opinion,
1. The authorization of 750 million shares will allow the new company to dilute the position of the current share holders.
2. The preferred shareholder is, in my opinion, the judgement holders of the 9 million dollars. Since there is no clarification of who is holding the preferred shares, a guessing game will ensue.
3. In my opinion, a reverse split will happen. Thus eliminating the problem of the current share holder.
Just guessing, like everyone else on this board.
then buy a lot of stock. but, read this announcement and understand what is going on.
•July 14, 2020
JACKSONVILLE, FL / ACCESSWIRE / July 14, 2020 / Sunset Capital Assets, Inc. ("Sunset" or the "Company") (OTC PINK:SNST) is announcing that it has amended its articles of incorporation to increase the Company's total authorized common shares from 50,000,000 to 750,000,000. The Company has also filed a Certificate of Designation for the Company's existing Series A Preferred Shares.
go for it, good luck.
sure. you are hyping this stock pretty hard. My guess, since we are just guessing, is it will see 50 cents before it sees 5 dollars.
How do you know who I do or do not know? Unless you are part of the inside of this deal. Aphex does not have 1 billion in sales, you are inventing numbers. You are guessing, or hoping or wishing or whatever you do in research.. hyping - pumping. I am looking at history. SNST management has blown every opportunity that has come their way. They have a long history of announcements and failure. But, on the other hand, I can see $40 per share... it would take a huge reverse split, maybe that is what you insiders are thinking.
I am still wondering why they would reverse merge into a company with 9 million plus in debt when they could have bought a clean shell for a lot less. And, I am still betting that management will fail to close. Just my opinion.
then hope and pray that current management does not blow this deal.
here is a link to another company attacking the same market.
https://ih.advfn.com/stock-market/USOTC/biolargo-qb-BLGO/stock-news/82746595/can-a-disinfectant-be-powerful-and-still-be-gentle
well, when does quoting the press release become libel? I guess when it gets in the way of your agenda.
I would urge people to wait until the merger is complete. This is a NON-BINDING agreement. The company has a history of not completing deals. I would just wait and see what happens.
pump and dump, hype. The article said it was a five year deal. You are pushing people to buy. I am encouraging people to be cautious, that makes a market. Your hype will not change the story. I still do not have the confidence that the current management has the ability to close this deal. Just my opinion.
Roland, thanks for the report. I appreciate your honesty in reporting that this is not a six month story, but a five year story. How is the company handling the 9 million in judgments?
Thanks
wow, personal attacks. sure sign of pump and dump. Well, time will tell, but, in the mean time, with the companies history of blowing deals, be careful.
a sure sign of a pump and dump.. name calling. I am just urging caution, nothing foolish about being cautious.
the current management is NOT GONE. The deal does not close until the end of July. There is a lot of time for current management to screw this up.
common sense would have found a cleaner shell.
I have some questions:
1. Why would a company do a reverse merger into a shell that has 9 million plus in judgments?
2. Given the current management, is no once concerned that this deal will fall apart like others in the past?
1. Any idea how the 9 million plus in judgments were handled?
2. It is not a done deal until the end of July
I hope for all the people who have lost a lot of money on this that they can recover now.
Glad it worked out for you.
Why are you hyping the stock with no information about what is coming? You must be affiliated, in some way, with insiders or are affiliated with one of the judgments and can only get you money if the stock rises.
What are they developing? Do you know something? Just seems like you are pumping this up but offer nothing to support your position. You want people to blindly follow and buy without doing solid research. On a quick look, this is a company with 9+ million in judgments, not development expenses, but, judgments. It means someone went to court, won and the company owes them 9+ million. If that is not a warning to investors about the management of this company, then they should blindly follow your hype.
do you know something? The problem with these forums they are a wonderful place for a pump and dump. The stock is going to be 3, 4 or 5 dollars... no substance to anything. If someone pushes back, we see all kinds of negative talk. If you have a reason to believe there is something, state it. Unless, of course, you are an insider or in on the pump and dump. I am very negative on this company, I would not trust the management with a free pass to Disney. Millions (9 plus) in judgments against them. That tells you there have been people who have lost a lot of money dealing with them. All I am saying, BUYER BEWARE.
lol you are really pumping this up. I am sorry if I am raining on the pump and dump parade.
at least use a trailing stop
no, i have not shares, real bad experience with both of the Watsons. Just warning people to be careful
Buyer beware, now more than ever. Please do your research on this company. People are saying the buy but giving no reason to purchase. I would urge caution prior to purchase.
glad the yield sign is gone. but, a person should use a lot of caution in buying this company. IMHO, buyer beware.
WHAT?!!! Am I raining on the pump and dump parade? There is no problem with my posts. Buyer beware, In my opinion, be careful, being in compliance in no way makes this a buy. They still have millions in liabilities that have not gone away. Just be prudent, if it is not a pump and dump, super. Time will tell.
the judgement on their balance sheet for 9 million + is going to hurt them. Because of the history of these people, my personal opinion, I have serious doubts that they are doing nothing more that pumping this up. Time will tell
In my opinion this is a pump and dump. I agree with the previous poster, if you have something post it... you must be an insider, shill or something like that. If you are not an insider or shill, then you can freely post what will take this to 3 or 4 dollars. My opinion, pump and dump
Then why is 9.4 million showed as a liability? You can be current but still have debt. In my opinion, take your profit and run, this has the making and smell of a pump and dump.
the judgment is still on the books, shows 9 million at 9% per year.
the Judgement is still on the books, 9 million at 9% per year.
the judgment is still on the books, shows 9 million at 9% per year.
wow, you must be on the inside somehow. There is no hate, just that my opinion is different than yours. IMO a lot of caution is justified. It looks to me like a pump and dump. I am entitled to that opinion just as you are entitled to your hype of a 3 - 4 dollar price. The company has over 7 million dollars in judgments! Insiders with free trading stock... sure smells like a pump and dump to me. That is not hate, just my opinion.
already found it. are you a PR guy or an insider? If you know some news you can tell people, unless of course you are an insider or PR firm. In my opinion, sure smells like a pump and dump
in my opinion, waiting will be a bad decision. with low volume today the price dropped to a buck. IMHO this still smells pump and dump. I would head for the exit
what i get suspicious about is someone saying 4 dollars coming and gives nothing to support that claim. Those claims come from insiders or promoters. Either way, they try to increase volume and then sell their stock. I just do not trust these people.
if you know, what is the news? my guess, in my opinion, with a nice pump up of price, it will give some people an opportunity to get out at a huge gain. IMHO, BUYER BEWARE