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Must of made a killing on those 6's lol
Actually they sort of do address the reasons for the SEC halt in their 8K filing dated May 22,2017. In that filing they mention some inaccuracies in their previous filings which one can assume led to the SEC action. In addition, in that filing they dismissed their previous independent audit company and hired a new one which one can read into it, is to help them regain current status. I remain on the fence with this company and am neither pro nor con toward them.
No need to save anyone who did their own did their own dad. I wouldn't touch this with a hundred foot pole. How you spend your money is your business. GLTY
No SEC filings since 2008 and no OTC filings since Feb 2016 and people think this is a legit business still???
All I can say is good luck to you. This has been a startup company for years losing money. I have seen this same dialogue with other investors years past. Funny how none of them are on this board still. Your money your risk. I'm only stating what I have seen in my past here.
Ok good. 10 billion instead of 20 authorized (not outstanding - the rest are for the note holders to cash in and dilute). The reason they increased the shares was to cover their notes. The note holders get shares at a huge discount based on lowest price over a period of days. They don't care about the current price because they are guaranteed the lowest price. Usually 50% of lowest. They can then sell to the market and make a killing while diluting the stock. Not a good set up. If the business were good they could get normal bank finacincing and pay back with profits but that's not the case here. Good Luck. I truly hope it works well for you all.
They haven't had any yet and their OS shares has never been this large. When the price per share went down Bob authorized 3 consecutive share increases to its current of 20 billion. That's why I got out. When I was in it was 500 million. Now it's 40 times that. That sets up a reverse split IMO as billions of OS will keep the price low enough to eventual no bid. GLTY
Positive cash flow at a loss. Look at all of the financials and you will see they have lost money every year. He gets paid by selling stock and the company doing business is just back ground noise. He uses the business to get paid by making his stock look legit and really don't care if the truck business makes money. GLTY
It's been 5 million in potential money for the last several years and every year they have lost. I have been in and out of this stock for the last 2 years and lost. Out now with no plans of reentering. I hope everyone digs deep into their history and not just what's published today to make their decisions. GLTY
Bob still needs to get paid and pay the bills to stay afloat. It may be awhile but him and his investors will have to pump this or lose it all. His paycheck comes from selling stocks not working on trucks. He has lost money every year but stayed in business because of selling stocks. When that drys up, investors quit loaning money and he goes out of business. The shop is a front to sell stocks.
That post was put out by SVTE in 2016 and the projections were in sales not profits. To date the company has operated in the RED as proven in all their filings. I have been in and out of this stock for the better part of almost 2 years with all the same hype and calls but not once had Bob Cashman produced a solid reason for this to climb. All this hype gets new buyers to buy but does nothing to the bottom line. JMHO.
Look up the ticker STOP and you will see it listed as "Service Team Of Professionals". I wish SVTE had a new president but this is just misinformation due to 2 closely named companies. I'm in for the best just hate to see misinformation on making decisions.
The sticky is posting the STOP ticker and not SVTE.
What new president. The Service team with the new president is "Service Team Of Professionals" Ticker STOP and not this service team SVTE. The news gets posted with the wrong tickers. SVTE still has Cashman.
Trying to contact with financial support and no replies should say something about the legitimacy of this company.
That's because they don't have assets anywhere near that. They have claims on land owned by the Canadian government. They don't own the land and depending on their claim agreement most likely have to pay every so often to keep the claims or they lose them. They have no "Real" assets. Just pipe dreams. Some people seem to think with all their claims they have a lot of land. In Canada the government owns 90 percent of all land and allows for claim stakers with certain rules and costs.
No bid. Even flippers may get hung out to dry.
They diluted maybe not by choice but because of poor economic decisions. They made loans based on shares that when the value of shares dropped it took more shares to cover. That is why AS was approved to increase from 500 million to 20 billion (40 time share increase). In a short period of time after AS increase the OS went to 4.1 billion with daily sells since of hundreds of millions per day at .0001. That means more dilution. OS is more likely over 6 billion as I'm waiting on the 1st of next month to see. Maybe not for the company raising revenue but to cover poor loan choices. Those shares were sold into the market at bottom prices because the entities receiving the shares make their money regardless. Cheaper the shares the more they receive. By their own admission they made some poor choices in these areas and hope to be more judicious in the future but in my opinion much of the damage has been done. GLTY
Only new shares hitting the market sell at these volumes for .0001.This has gone on for weeks.
This has to be over 6 billion OS now. We'll see at first if next month what the updated number is. Major dilution.
Yes dilution will end at 20 billion for sure
GLLK RIP. This stock is done
Volume way down. Especially after a billion plus day. Even the MM's got to be nervous about that. They bought hundreds of millions of shares at the .0001 and can't resell at the .0002.
Volume way down. Especially after a billion plus day. Even the MM's got to be nervous about that. They bought hundreds of millions of shares at the .0001 and can't resell at the .0002.
Partially agree. At the same time, March had AS of 500 million. Now it's 20 billion. That's 40 times dilution. At the .002 March price and diluted by 40, that makes an equivalent of .00005 price today. I do agree charts can give an indication of what's coming but massive dilution can also make it difficult to shed shares.
I fear we have all been duped. The outstanding has most likely jumped several more billion. With that many shares out it will be almost impossible to sell as the quick flippers will hold it down. GLTY
Maybe. But what is the OS count now. May 1 was 1.1 billion. All the recent selling feels more like 2 plus billion.
The MM's are profiting. They are buying at the .0001 and selling at .0002. Doubling their money and keeping this from running. This many shares outstanding is difficult to overcome that combination. It takes way more buyers than shares offered to drive up the price.
This looks to be stuck at the bottom due to volume. Market movers buy huge chunks at .0001 then sit on sale at .0002. They double their money and hold the stock down.
Outstanding shares up to 4.1 billion on the OTC. Getting more diluted by the day.
Thank you
I don't have the level 2 charts but is VNDM sitting on the ask at .0006? Who knows how many shares he has to sell there since many MM's can mask their ask volume.
Can someone explain the 10 million series B preferred shares valued at $2.50 And 5 million series C preferred valued at $2? This is from the OTC January 19 filing on new corporate bylaws from last year. It also says par value of common shares is .00001. This makes each share of B or C preferred convertible to between 200,000 and 250,000 shares. Does that not greatly increase dilution or am I missing something. That makes the preferred non transferable if there are not that many authorized common stock???
It cost them over $800k to make that 800k. They lost $166k counting cost of goods and overhead on the quarter versus making $115k on the same quarter a year ago. That's $231k worse than a year ago. That won't drive share prices up.
This merger happened when the statement came out saying "Hollywall continues to expand and grow its operations". While we all expected more fan fare once this came out, all of the ASGE board members showed up on HWAL as new board members. That being said HWAL has the rights to Bordercross".
I agree in part but.... HWAL has apparently merged (with no public fan fare). On ASGEs web page it's apparent the deal was signed. Also the cast of ASGE management appear on HWAL website at members of their executive management. There is also one for sure movie out that made a whopping $114K in its first few months of 2016 of ASGE (I know "WOW" must be a block buster hit lol) but is out called "caged no more" and can be seen on line. In addition another movie called "Bordercross" which starred some former and current A listers in Lorenzo Lamas and Danny Trejo as well as others. While this does not appear to have been released yet and should have been, a lot of filming and possible completion may be done according to the actors on line reviews. I realize it takes a great movie to propel a company and do not know if this fits the bill, but just in case one does, they do have a slim chance. The other concern regards a recent acquisition called "Open Vision" in January of this year. The 2 co developers of open vision were supposedly brought on board HWAL but currently they are no where to be found in the management profile of Hollywall.
Just saying....
While there has been no official mention of the ASGE merger being completed the management team from ASGE has been blended into HWAL. On the HWAL website you see the old ASGE faces as part of the current management team. Why they did not put out the press release regarding this is beyond me. I do think when it does show up the 61 million restricted shares will become unrestricted per agreement letter put out by ASGE to stockholders before merger. I also feel there will be a stock price increase with the finalization but have some level of concern if the ASGE stock starts getting sold into the market. Best case would be the stockholders keep their shares hoping to increase value.
Either way we need real news from HWAL
Please share the DD.
KoolAid go to pacermonitor.com and search Hollywall. Very interesting comparison to existing lawsuit.
Your making no sense. The only shares that increased are the unrestricted. The restricted have remained the same as they are held for the ASGE merger. Once that deal finalizes those shares will then become unrestricted and the whole 142 million can trade. The ASGE board has already transferred into roles inside HWAL. Blackbridge has forced the transfer agent to release shares then dump them on the market like you are seeing today.