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Ever heard the saying? When there's blood in the streets: buy.
Doesn't Sally already do that?
Revue inc. is dissolved. Revue Holdings, Inc is not. It is an empty shell holding nothing and can aquire additional holdings through RM or purchase, and can still claim the 15mil NOL of Revue Inc because it was a wholly owned subsidiary that was dissolved and not sold. If it were sold, the NOL transfers to the buyer, unless contractual agreement leaves it with the seller or otherwise compensates the seller with a cash value of the NOL. Very similar to property tax agreements on mortgages...
Agreed, but I expect a PR concurrent with filings.
I love the magic 8 ball!!! Yes... Mine, confirms Wednesday as well!
Why bother? If it goes where I am expecting, I consider any buy under 4$ cheap.
Aren't they cheap enough already?
Yup. Good stuff!
Jack, my mother agrees too!
Trade? Just slap the ask and hold tight. Picked up another 50000 under .03
Malc, a RM is the only thing that keeps Roche's shares and ours worth anything. It is the only rational next move.
Great news! Mr. Roche please allow me to hit the 39.6% tax bracket this year...
By sharing as you put it, he multiplies his wealth and can possibly leverage billions more for further investment and growth opportunities. So yes, he will share. It really is the only play for RVUE.
Clever Hulk...
That's what I thought, but how are MM able to sell shares that don't exist? Sounds like we are dealing with the Federal reserve..
Not disagreeing with your assessment, how does naked shorting factor in?
Averaged down, buying through .0005
Up 600 from what? 5 years ago this traded in the pennies?
I sold during yesterday's run. I'm holding free shares now.
I've been a shareholder for 5 years. Coates has yet to get his product into mass production. Coates can sell licensing, make protypes, and is a full functioning R&D shop, but Coates is not a manufacturer. The share structure guarantees Coates stays in control, but lacks the resources to get mass production underway. Every deal this far is hinged on Coates producing and delivering a product that he doesn't have the resources to do. I doubt this deal is any different. I believe in the technology, and am still long here, but I doubt Coates can deliver because past performance says he can't.
8m isn't a wall when the float is in the billions
Good luck to you
BullishPanda, I can't PM. I have been a shareholder for 5 years, some on this board have been for 20+. My opinion and that of many longs is the technology is sound. My experience is that Coates can sell licensing, deals, and prototype etc, but does not have the ability to mass produce. It is my sole opinion that Coates is an R&D lab and this is another deal that he will not be able to close because he will again need to deliver a mass produced product. To date, Coates has not. I do believe in the technology, just not Coates ability to deliver.
Thanks to all the new buyers and averaging down since the 100mil China deal collapse, I was able to escape today with most of my cash. I decided to retain a modest position just in case Coates does deliver the goods someday. Mostly playing with free shares now. Vegas, Stay long, kidmarco and all the other long timers, I hope you fortunes and Hulk in a skirt!
No doubt, but hopefully they can be caught holding the bag on some naked shorts soon. Roche give us some news and stick it to them!
Looks like it!
The 201,000 loan is March 1. The 80,000 loan can be drawn through the end of March.
I didn't see a due date, I saw that the company could draw the money through the end of March.
Until news then... Slow rise and quick fall sawtooth pattern in the support and resistance zones.
My guess on it is that the chart will look like a sawtooth wave on an oscilloscope before it runs.
Thanks for sharing.
I don't know, but bullrunner has called these announcements in the past??
Yes it is all possible which is why we are all in waiting...
No. He is not an idiot.
Roche obviously wants RVUE's DOOH platform, but he may want it without its insolvent operating arm and could as easily get it like Texas Air got SystemOne from Eastern Airlines.
Thanks for the private commentary.
No, I am not selling, but I don't expect Roche to load RVUE either.
Roche can, but the question is will he, as his investment in RVUE is a small percentage of his overall net worth.
As easily as you point out that he could load the holdings of RVUE with other assets, as is the purpose of a holding company, he may unload the operating side of RVUE and then move the proprietary assets whatever they are through a bankruptcy or other discount sale into any number of his private endeavors.
It is worth saying Roche obviously finds some part of RVUE valuable, but he could form another or several holding groups to accomplish exactly what you propose and still leave RVUE to succeed or fail on its own.
For a historical reference on this type play reference Frank Lorenzo, Texas Air, Eastern Airlines, Continental Airlines.
466500 on the ask. Someone isn't feeling optimistic.
Probably right. Which is why I took a position to begin with, but I am wrong more than I am correct on a great number of things. I have reach my personal risk threshold. I will hold and wait.
Not selling. Will buy more as it creeps up with volume and price...
The question for me is why? I already hold more than I can successfully sell at current asking price which is 60% lower than my cost. No real news or profit reported by the company. Why risk more. Averaging up made sense at the time, 0.015 went to 0.038. Most of us thought a Nickel was coming, except Doom. I just don't see continuing to average down worth the risk.
What doesn't add up? I bought my first shares at .0152 then added incrementally from there until .0275 where I purchased majority of my position, and then incrementally continued to by through 0.038. I averaged down some by picking up shares at .005, .008, and .01, but not enough to offset the loss.