Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
A r/s is actually better for us. The so called phantom shares out there will not get any shares in the new company. Only issued stock of VRGD will participate. JMHO
MMU owners will likely get 30,000,000 or so shares of the post consolidated stock. Don't kid yourself, they are not doing this for nothing. jmho
It was inevitable that we would go trip 000's again.
Hasn't traded in hour and half. No one including MMs is despaerate yet.
Great post. I am confused why you are using 133,000,000 instead of the total o/s 273,000,000. When the conversion is done it will affect ALL stockhokders, including the restricted stock.
Converson will have nothing to do do with the price of VRGD. Its the price of MMU when it trades thats important.
Quite true G MOney, my mistake.
It is still unclear what exactly will happen. There have been many references on this board to share exchanges between 1:477 all the way to 1:2000. What we do know for sure is that MMU is not going to give VRGD its revenue stream for nothing. So we have to wait for the formal announcement of the ticker change and the share consideration given. Rest assured that this is a good deal for VRGD shareholders, especially when you consider the alternative of NOTHING. JMHO
With all due respect, I know the difference between profit and revenue. Prior posts referred to 20MM revenues not profit.
So we went from revenues of 20MM, down to 14MM and now we are up to 90MM. This is getting to be comical.
Careful what you wish for. LOL
Then you'll have no one to blame but yourself if you sell to him.
What does VRGD have to do with NYSE:DE John Deere? I think its Delaware, the state of haed office.
Remember what ES has said many times. He will not tell you what price to sell at. It is surprising at the lack of "chatter" all of a sudden. FWIW.
I think DE stands for the state of Delaware. Not sure though.
Who do you think owns the majority of shares? The approval is a formality. Besides, normal rules do not apply to pinkers.
Go ahead big guy.
Where did your broker get 477? Previous posts said 1000.
Its not pumping, its a fact.
Agree. And if MMU trades at $10.00, its the equivalent of VRGD getting to pennyland. All looking good ahead. GLTA
You say "starting at 6.00". What will be $6.00? The new company?
Wheres the pump now ES, now that the cat's out of the bag.
If MMU is the controlling partner, what percentage willbe left for the existing VRGD stockholders?
Correction, all day Friday.
Markets open all day today and tomorrow.
Finally received confirmation of my fill at 5. Took almost 2 hrs. G-Money, I am back in, only cuz I'm a compulsive gambler. LOL
I have done that. They blame the MM for trying to skim .0001
MM still won't show my bid at 5. Not sure why.
Bidding 5 but they won't show it.
What worries me is the possibility that there is a gag order on the transfer agent. When ES calls they give him the same number 273,000,000 o/s with float of 133,000,000. There is no way that a stock trades this volume with a float of 133MM. JMHO
From 45 to 5 in 3 days. That is Shulman for you. Did the same to VRGD.
Ask WOOGSTER or RESOLVED. All the same guy.
Do you really feel that this detailed tech analysis applies to pinkers?
Why do you say that? After all, we have traded $5,000 worth of stock today. lol
Does anyone know when the name change will happen?
We all keep saying that the only thing keeping this puppy from exploding is volume. Does anyone have any thoughts as to when and where this volume will come from? G-Money, did you ask the IR guy about this?
I hear ya. Fingers crossed for some news, any news. :)
True, but then we have 500MM shares O/S. Will it be possible to get out of subpennyland?
I'm not saying there is going to be a R/S. The purpose of the board is to discuss possibilities and this is one. Personally I hope there isn't a R/S cuz the only winners are the insiders and the invester relations group.
Having said that, my concern remains that the recent acquisition was an all stock transaction. What could that possibly signify???
Watchout JBJD, as soon as you mention R/S your post will get deleted. Thats what happened to me a few weeks when I brought up the possibitity.