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I think that you want to be a buyer right here at.97.
I say that that there will be a cash except offer in the $2s very shortly.
Sillerman's bid is just a fake bid, there are real bidders out there.
Buy right now and you will make over 100%.
Annc any time now
why no bid and no ask this morning?
Why is there NO BOD AND NO ASK?
No news, but I am sure that RS was approved.
Company should have put something out by now.
My numbers tell me that these guys spent close to $3,000,000 buying and putting the shell company in order.
The only reason to hold this stock is that after spending $3,000,000 these guys should have something up their sleeves to get the stock moving.
The big problem maybe that they maybe nothing but amateurs and have no plans. The reason I say this is that they were obviously stupid buying a shell that wasn't structured the right way.
Im going to give them a drop more time, and if no move, Adios.
If RS is not approved DROP is OUT OF BUSINESS.
Some of you guys just don't get it.
The stock structure was all screwed up.
The RS gets it back on track.
You guys better pray that approvale happens.
are you nuts?
charts mean absolutely nothing with a stock like this/
This is almost an easy story to figure out.
New guys bought a shell but didn't realize that the structure was all screwed up.
They have probably spent close to 2.5 million to get the structure set.
Now, if they didn't think they had something why bother?
if you don't get some UP action after the stock split is done, this is DEAD.
I'm betting they got something.
This is almost an easy story to figure out.
New guys bought a shell but didn't realize that the structure was all screwed up.
They have probably spent close to @.5 million to get the structure set.
Now, if they didn't think they had something why bother?
if you don't get some UP action after the stock split is done, this is DEAD.
I'm betting they got something.
The only thing right now going for US is that the guys who bought this shell are probably into this deal for close to $2.5 million. If they didn't think that they had something to move the stock with, they wouldn't keep putting into the deal.
Right now the stock looks horrendous.
Only time will tell if these guys were smart and had a plan.
The proxy has all of the info.
The preferred conv will be at 10 cents after the split.
Now I ask you, if the stock is below 10 cents then they wont agree to this deal.
To get the preferred stock signed on this stock can't be below 10 cents after the split. That mean .001. If this stock is below .001 the preferred won't do this deal.
great move, stock is now .0025.
things aren't looking too good here
The guys who purchased this "shell" have put close to $2,500,000 into it.
So far all they have gotten out of it is a "shell" with up to date audited financials.
Apparently when they bought the shell they didn't fully appreciate the capital structure and had a problem with their stock. Thus the need for 3 reverse splits.
Hopefully THEY have a plan to get the stock moving, if not figure $2,500,000 down the drown.
That's the only reason I am sticking around here.
We know this was a shell buy.
The guys who bought it have sunk a small fortune into getting it in shape stockwise.
The hope here is that they have a plan to run it.
The bet is that all the money spent buying and shaping up the shell has more of a plan to go.
We know this was a shell buy.
The guys who bought it have sunk a small fortune into getting it in shape stockwise.
The hope here is that they have a plan to run it.
The bet is that all the money spent buying and shaping up the shell has more of a plan to go.
A nice piece of money has been spent on acquiring the DROP shell and getting all of its financial records in order. So the bet here is that the folks behind it plan on getting the stock moving. Thus far they have done absolutely nothing to help the stock and the stock is literally in the toilet. Have no idea what their plan is but for right now there appears to be none. So we sit and wait to see if these guys can promote this stock up. Right now, it's just a long shot bet.
From the beginning I have told you guys that a hedge fund bought this shell for $1.5 million. They keep spending money on financials and other corporate expenses. They must think that they have a way to ge this stock way up there because from calculations they are probably into this thing for well over $2 million. They need a big story to attract attention. That's my bet here.
Can't figure out why there is absolutely no action in this stock.
You have a shell that was bought. The new guys in, have to be in for well over $2.3 million just to get the shell and the stock split done. We know that there was a problem on capitalization with shares, but we don't know the status of the problem. We also know that the Company needs $1.5 million for operating funds.
Now, when the shell was purchased these guys had to have known that they would need $1.5 million. Obviously they thought back then that they would get the money. The capitalization in shares appears to be an issue that they hadn't counted on.
I still think that WE get a pop here, but there is definitely a possibility that these guys just wasted over $2 million bucks and actually hadn't correctly thought this whole thing out.
Can't figure out why there is absolutely no action in this stock.
You have a shell that was bought. The new guys in, have to be in for well over $2.3 million just to get the shell and the stock split done. We know that there was a problem on capitalization with shares, but we don't know the status of the problem. We also know that the Company needs $1.5 million for operating funds.
Now, when the shell was purchased these guys had to have known that they would need $1.5 million. Obviously they thought back then that they would get the money. The capitalization in shares appears to be an issue that they hadn't counted on.
I still think that WE get a pop here, but there is definitely a possibility that these guys just wasted over $2 million bucks and actually hadn't correctly thought this whole thing out.
Why are you guys fixated on Tiger Woods? He is out and you own a company that has nothing to do with him.
Mine converted at TD as well.
But bid went from .0019-.0020 to .001-.0019. DOWN.
These guys need to issue some news.
That's exactly what makes no sense.
How come the stock with a Drone theme hasn't gone nuts on the upside?
I have no idea as to why DROPD has no PR.
It seems to me that there is a bit of a problem between shareholders of size and that has to be worked out.
As I said before, it would seem to me that no one just puts $2,000,000 into a new shell and spends all kinds of money on financial documents without having a plan to get its stock moving.
I am sure that the brokerage houses will get the new shares out there.
What I am thinking is that a handful of guys put up close $2,000,000 to acquire this shell.
Right now the stock is literally dead in the water. It really looks terrible.
It would just seem to me, that these guys must have a plan to get a good jiggle out of the stock. Right now, the stock is virtually worthless. There is absolutely no idea for this company to be a public entity if it really has no business. It's very costly to keep a public company accounting wise, so unless there is a plan to make some cash on its stock, then the guys behind it just wasted their money.
I think that the jiggle will come, Just not sure when and what gets the jiggle, but to have put up $2,000,000 and get no action and have all kinds of public expenses makes no sense.
Time will tell.
TD AMEWRITRADE still hasn't put new shares in account. Are you guys finding the same?
As for stock, you would think that the guys who bought the shell would have some plan to move the stock. Right now the stock looks dead in the water. But last week it was .0009 bid and today its .0021 bid which is a huge increase.
I'm thinking that there has to be a plan to move the stock up. But for right now, things are awfully quiet.
Your thoughts!
Have you guys gotten the new shares?
TdD Ameritrade hasn't given me mine.
Does anyone see any market for this stock? I don't.
Does it have the same DROP?
I see absolutely nothing for DROP split or pre split.
Ask yourselves this:
Why would the guys who own this SHELL spend all this money getting financials etc in shape unless they really believed that they could make FUSE tock fly and make money?
A 1-10 reverse split has already been completed it goes into effect when certain documents are filed with the various exchanges. That should be done very shortly. There will be a total of 80,000,000 common shares authorized.