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LMAO I almost forgot about that one that was hilarious. When you have no SEC to breathe behind your back and biz operating out of Ukraine, the possibilities of making stuff up become endless!
BS and unsubstantiated fluff. Besides just how are TSPG and its subsidiary tied together? What does this have to do with TSPG and pps anyways. Pure BS from the same ole crew.
What if that "old management" has revamped in order to help up on filings?
The old management that you say Steve is blaming for fiasco is the one "assisting" them today with filings and probably with promotion!
How is the campaign and "assistance" being compensated?
How many shares in the public float?
Why are we still sitting at the dirt cheap bottom after 1 year of pure and worthless hype?
With that said how did this company structure the deal with "ex management" if it was that old management who they said sold them the shell and moved on? Why no updates on that deal?
Man, please. As of March 2017 there were over 8 Billion shares issued and outstanding. What we need is an updated share structure and share reduction plan.
That's what's up.
Great! Took 'em a year to throw that tweet out. How much longer for some positive movement pricewise? We've seen dozens if not hundreds of millions shares traded a day still nothing. What does share structure look like as of today? Are they planning to retire some of those? Oh, they retained mmg to help up on filings. Ok that's what's up.
Mmg was and has been involved with eegi since before their chinese deal back in 2010 i believe. They had and i still believe they have the controlling interest in the company, the only difference is they changed out merging companies. There's a lot more to this deal for mmg than seemingly being a service for hire hence my point about stevey delivering news and mmg delivering dilution.
Btw a good and trustworthy ceo does not make a promise to the investors and then let's it linger like he did back in nov when he was supposed to provide an update he didnt follow through on afterwards. Some are saying he's trying to fix what's left of the old management. Well the old managenent trick does not work because the share structure is super heavily overbalooned by the same people who are still pretty much involved nowadays as well. Sorry I m limited to only 1 post per day on this board and will be back tomorrow.
Looks to me like, when pressed, mmg accidentally squirted some bitter juice to the public. First they said they were out of the picture but are now back in the game.
What else are they holding back from us?
Their "assistance" means they are still pretty much involved with the company which is my concern here. How I dig it is mmg will get Steve to squeeze the news and they will concentrate on the stock. Eerie!
A good CEO would pull this hog out of the mud 500 times over by now. What's taking them so long?
I've been running out of my fingers and toes typing it here that MMG was never out of the picture. They just confirmed that. They are running the show and will be the 1st to bank in the profits. Watch what move they pull next!
If they ever produce such a material event you'll start witnessing share dumpage coming to your neighborhood 1st. Watch and learn!
It's funny how he said what reverse split lol like they were never involved with reverse splits before. He is like a bad stand up comedian you laugh at the him not with him.
I thought MMMG said they sold the shell and moved on! WOW!
Pans out MMG has been stringing you all along. That's some real short-to-mid term memory loss the investors community is suffering from.
I wouldn't hold my breath for TSPG to become fully SEC transparent. They made similar announcements MANY times in the past none of which ever materialized. Hint: Do some research on MMG and tell me what you find.
1. One (1) year has passed since the Issuer filed current “Form 10 information.
According to otcmarkets.com TSPG filed a 10k form on Nov 15 2016 for the period ending July 31 2016 which was just a little over a year ago.
2. The Issuer is current on all reports required to be filed with the SEC
They filed a Form D to become a non-SEC compliant issuer means they're not required to report to SEC.
I guess your both requirements have been met.
Now here's some brush up on Rule 504 of Regulation D:
1. Overview
Rule 504 of Regulation D provides an exemption from registration under the Securities Act of 1933 for the offer and sale of up to $5,000,000 of securities in a 12-month period.[2]
2. Eligibility
The following companies are not eligible to use the Rule 504 exemption:
companies that already are Exchange Act reporting companies;
investment companies;
companies that have no specific business plan or have indicated their business plan is to engage in a merger or acquisition with an unidentified company or companies; and
companies that are disqualified under Rule 504’s “bad actor” disqualification provisions.
Do you take it to mean the co cannot dilute as long as they have a stop sign on it? It's got nothing to do with the SEC. They can and will dilute the crap out of it.
There was never more cheap talk and speculation on a worthless stock of a company that does nothing. Unbelievable!
As the pump builds so the price collapses.
LMAO even more 'HUGE NEWS'! I was right when I said yesterday they got the pump up and running.
This is exactly what MMG does, segments one 'big' update off into several smaller updates and then spoon feeds investors with it day by day to keep the pump alive.
Let me know when they finally get one electric cars update out. Can't wait to see what BS they pull up this time.
Is it me or it looks as though the "huge news" was worded by the MMG?
They PR'd they did a merger with some fictional company.
They got the pump running.
They start releasing news after news.
The pump builds on, the price goes south.
wash-rinse-repeat.
The pump is on which nobody seems to give a dime about.
I thought they gave up swinging that same ole bait on becoming fully SEC transparent and now they're pulling it up again.
MMG was pushing this trick so hard in the past but has never delivered on audited filings on any of their stocks. How cool is that.
This time I'm not expecting them to follow through on this one either.
But Wait! What will be the next one? Hmm...let's see...a possible uplift to OTCBB! Dang, they overused that bait in the past but hey they may throw it out again just to test waters LOL. Too bad MMG is reading this board and will possibly hold off for now since I'm killing the show for 'em LOL.
Yeah, let's see what happens next it'd better be something dope LMAO.
I do. Especially when random characters like you are dangling that carrot trying to fool me into thinking this is the new Tesla.
You chose the wrong board to promote this trash.
Acquiring this company will allow for implementation of their technology into electric cars which tspg doesn't have.
Anyways, what basis was this company acquired on, was it all cash or stock? What are they bringing to the table?
More vague news.
Agreed 100%
Let's just put it in a proper manner:
You are betting against the odds of being played over by people with proven track of shady records.
That's all there is.
What kills me is seeing people scream otherwise.
Hope you make your money here.
Does it make it a less of a scam then?
No.
Can you name me just one verifiable thing about this company, what they do and how they make money? Key word is "verifiable" or "legitimate".
I haven't been able to find any. How's that good? I wasn't able to find a single shred of evidence of anything they put out in the past. I am not saying there is none but I would not trust a word they say.
No SEC will ever initiate a scrutiny into veracity of this pinky trash of a stock you can bet on it but just by not confirming it's a scam will not make it less of a scam.
That's exactly what made these people millionaires in the past. Confirmed.
Everyone stay on topic please
mod squad has sifted through the board and deleted some of the inappropriate-contented messages. however I am going to try and restore those which don't necessarily veer off the topic in my best judgement.
as always, my sole sentiment about EEGI was it's an outright orchestrated ploy to dupe unsuspecting shareholders into believing into whatever the garbage PR/update they feed them with.
hey great bs news on TSPG, the price plummeted -33% the second the 'news' came out. keep pushing out this 'play'
Nothing will come of nothing.
Evaporated like the shareholder value. The moment the garbage pr popped up the price took a nosedive, they 're blatantly selling shares into whatever the story they made up. Minime has been making milions for years off this same setup. Unreal!
This is a no news to me, I've seen it before where minime drops fluff on potential merger candidates and then dumps millions of shares into a pump and walks away with money. New batch of investors just got shafted.
So freakin obvious. Modus operandi as someone puts it.
This bs story may not even have a follow up to it. There may be a merger coming but there was a dilution before you know it.
Whatever happened to electric cars that were supposed to take us to a dollar range?
True dat. We've always been at the square one. The price has been flatlining at square one too. True longs too.
If you're gonna wait for some better times just because you cannot decide otherwise that's fine, just please play it for what it is. Euphoria is out of the window.
This might seem repetitious but I am staying here just to reason in on this overhyped hog.
Is that all he said? Sounds to me like he's trying to buy some more time. That message is almost insulting. He's got nothing. We're back to square one.
pump pump and away...
what other deals did your boss tell you to spread a good word about? I am curious to know.
the ones you disseminated your compensated opinion on did nothing but bring damage to investors value.
it's hard to have good working ethics when it weighs against the paycheck you receive for not having it.
My best bet is whichever the management that once ran this stock to the ground is no better than the one leaving it in the dirt. Obviously they're not following through on their promises just like the old management.
If you were a CEO would you receive a shell with history like that?
Birds of the same feather flock together.
One last edit: good luck to you.
OK, the end of the month is in 2 biz days still no PR. Still at .0001. Now I wasn't going to hold my breath for this to happen but had they had something real in the works they would've pull up that ol' minimeresque trick on us and come out with some sort of a newsworthy update aftermarket today. That didn't happen. How much closer does it need to get to the 'end of the month' for that ground shaking PR to get out?
It is only afterwards when people realize how hard they got shafted.
Wait! Who did that mysterious e-mail come from? Whoever said there was going to be some sort of news that will get the market to jump off the edges of their seats all over this winner? Was it 'Irene Black' aka Irina Veselinovic aka 'penny*******'?
I'm not buying into that crap how "the new owners" are taking over this overhyped overdiluted pig killing themselves trying to pull it out of the mud. Sounds to me like if they ever had a deal to strike it ended the moment they dropped the ball and are now trying to wash their hands off of this one not telling us otherwise.
I wonder what excuse they come out with this time for this "unprecedented delay".
Selling shares is the biz they're in which is what makes them money. Because that's where the money is coming from - by selling shares.
I thought they said they were retiring those shares not locking them down, what's up with that???
TBH I've read so many updates before much of which never materialized. Those 4 bil shares will most likely R/S with a huge ratio before they ever decide to take any course of action. But hey let me know when that epic endeavor becomes reality. Until then I'll call it as I see it. An EPIC failure!!!
Besides and according to the link below, the most current share count shows 7.5 BILLION shares in the public float:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135543512
No share lockdown ever took place here, the market is being flooded with free trading shares. Do you not realize what buying power it will take to move the price up a notch, the float has to trade 10x over before we can witness any positive impact on the price.
That's called adding the balance to this no-brainer to reason other smart but unsuspecting people away from the herd.
smartmoney I only have 1 post per day so to answer your question, I am not 100% positive that the old management is history. They blood-stained this one so bad that it will take effort of an EPIC scale to restore credibility of the company and the stock. And I haven't seen that happen just yet.
What biz is TSPG in? What does this company even do? Over years their career plan span across several industries making no profits and they finally ended up trying to break into electric cars thing???
WTF!
The stock price has been sitting at the solid rock bottom and doesn't appear to be able to make any substantial change for the better.
Something doesn't add up here.
And please don't tell me how price has been creeping up lately going from as low as .0001 all the way up to .0007, that's a BS, every POS stock can run if there's some interest. You can't just plow up at .0003 and make a profit at .0005 without dumping millions of shares which you could not have been able to buy.
Correct but again, in case of TSPG, in order for you to be in at .0002 you would have had to buy it at an earlier, pricier time. That said, the only time TSPG had volume for you to stock up into was during that little run. And that's it. That was the only chance for you to get in at .0002 and flip it for a quick profit. But like I said it doesn't pay all this huge risk, especially when you toss in the mix the company's gloomy past and ambivalent management. I'm not even buying it with a found money, I just don't want their paid plebs to sucker somebody into buying it.
what do you mean "almost" up lol, it's either at 9 or it's not. omg there goes your effort to promote this dung, it only has whole 10 shares in it today, you paid mini me pumper. your boss gotta come up with some better shit this time if he thinks that's gonna make him money.
Right. From here it's a long shot towards a gain of 100%, .0012 that is.
Buying in at .0002 could've been a good move from this standing point however attempting to buy up that many shares does not guarantee they will all go through. We would need a surge of volume and some beefy news to make that happen neither of which TSPG does seem to have.
What a joke this is. Another worthless unsubstantiated write up. Let me know when we finally hit pennies so I can start believing.
I agree with most of the points you outlined. Now, the uptick might seem as a quick gain but unless you held millions of shares that you handed to some sucker at .0006 you barely stood any chances of making a decent profit. The only people with that many shares here were the ones to have bought them at an earlier (pricier) time. Suffice to say it's too risky and overplayed and overhyped. So, who do you think made money that day? Nobody.
Plus that gain of +.0002 means squat if you're attempting to sell it on bid for a.+.0001 profit a share. Again, it may have reached HOD of 50% maybe 100% but in reality nobody's shaking that dollar tree.