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So what?
Some people are so frustrating...!!! What do you expect? That Business deals (Million dollars!) are closed within a few days? The deals have to be made, followed by a review of accountants/lawyers etc.. This will take weeks, if not months!
Oh, and you probably expect Million dollar revenues from these next week right? Because if not, it was a fake deal éh??
Pff.... I know we are all hungry for news and PPS increase, but deals and growth needs time. It is time some people get real.
No bash, serious question: Is no one scared about the current dilution going on?
Not sure if it is relevant here, but via "Digging For Pennies" on another board:
"If you guys called OTCMARKET and talk to the corporate. They are behind 2-3 weeks... possibly understaffed or somebody's on a vacation. Just an fyi... "
..Because even at current price they can exchange their $2K note for $150K?
Did a quick a read, so maybe I am wrong on this part: it looks like it is up to the company to determine if conversion is on fixed or variable base. If they really cared about shareholders and the stock, you would expect that they try to dilute as little as possible. They should choose for a variable stock conversion because the stock price is currently way higher then at fixed rate ($0.00005, yes four zero's!).
Instead, the last two conversions, both times, they decided to use the fixed conversion. That's how much they care about you as a shareholder.
It depends. If they decide to sell immediately, then we will see massive dilution tommorow. We will see this week. I still hope they are turning things around and pay them off instead of more dilution.
Good luck to all longs! :)
Relax man! I understand that ppl like Stockzoom are annoying but this is a place to discuss stocks right? Not only a place for boot lickers..
My answer to you: According to their own filings there is no information that these were paid off.
Searayz, I will take a look tonight.
As I said, I hope they will turn things around. As of now I just do not see it happen.
If the CEO and CFO really think this is going to be great, why didn't they extend their Notes? I mean, they are CEO/CFO and noteholder at the same time. They decided to cash out.
What they currently doing is diluting and come up with plans to make the game even greater. I do think Garfield GO is a great game and expect them to upgrade the game and come up with new things etc. but that is not what I want to see at this moment. I want them to come up with a plan on how they are going to generate cash and payback their Notes etc. The only answer we currently get is 8-K's with more dilution.
If they can show real revenue from Garfield GO in the coming months and a good plan you might be lucky and it will skyrocket.
Good luck! :)
Sold my position at a loss early last week! Total crap. This one is for flippers.. If you lucky it will make another flip to a penny.
Expect next week another "huge" PR together with another diluting 8-K..
See PR's and 8-K's for June 12th and June 20th.. This is going nowhere.
The Notes for June 25th will probably be extended but expect an increase in AS anytime soon.
Some people said CEO and CFO own alot of shares and invested alot and don't want to dilute and break down their own company, which I first agreed upon. But: As long as the CEO and CFO can converse $2000 notes to million of shares to sell in the open market for between $200K and $500K, they do not give a crap about the company and it's stock price. They make a big ROI on their $2K notes: 5.000% to 25.000%.
Good luck to all still holding on to FRZT! I hope for you things will change and I am completely wrong. As of now, I do not see it happen.
I am trying to understand this a little bit better since most of us got shares here. Which parties weren't allowed to trade/buy EXAD because it was not eligible and are able to buy/trade as of tommorow because EXAD now is eligible? Thanks!
Thanks
What does Lvl 2 look like atm?
So now we do have 1B shares outstanding..
I hope we won't see many of these tricks.. What a timing to publish this 8-K!
Yes indeed!
Thanks for the PM! Can't PM, but will take a look and do some DD. ;)
Aha! :)
Well done!
Why did you sell? Don't you expect it to go higher?
How many shares outstanding? Is 950.000.000 correct? That would mean half of all shares have flipped today?
Could you sent me the e-mail where I can subscribe myself to these E-mail alerts? Thanks!
Hello, where did you get this e-mail alert? Can I sign up somewhere for such e-mail updates? Thanks!
Not sure, but I guess FINRA needs more documentation in regards to the RM. So indeed symbol change could come any day (or take a little longer).
I am not here to hate, just keeping the facts straight! ;)
I did not say it is not in process, but it has not been granted yet. That may take a little longer.
Yes, which means the voluntary symbol change will not be processed!
It doesn't say that when there is a corporate action it will be processed after 60 days.
So there probably will be a longer delay.. Not sure when such a request during a corporate action will be processed. Maybe after RM is finished?
60 days has nothing to do with it... please read correct:
"Yes, FINRA will not process a voluntary symbol request if the issuer has either an announced corporate action or a symbol change within the past 60 days."
So FINRA will not process a voluntary symbol request if the symbol was changed within the past 60 days!
Let's say DOLV changed to symbol XXXX 45 days ago, and now request to change it to ZJMY then that will not be processed now because there was a symbol change within the past 60 days.
Phoe... Stepped in today as I had done some DD over te weekend. Got in before the filing.. :D
GLTA!
Took a quick look at their new filing. No dilution? Not so sure about that, since following boxes where checked under 9.:
- Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security
- Option, Warrant or Other Right to Acquire Another Security
Took a quick look, so did I miss something?
First of all, I feel bad for your loss. I too, am down over 90% on Sharkreach currently, not going to lie about that.
I understand your anger, but calling Sharkreach a scam and Steve Smith a liar and fraud is completely out of line! Ofcourse Sharkreach did a big PR last year. Looking back they indeed made a lot of promises which did not come 'in time'. Does that make someone a fraud/liar/scam? IMO not! Look at Tesla and Elon Musk, making promise after promise failing quarter after quarter.
Do not forget that Sharkreach is a young start up company, did you really expect them to buy 5/6 companies within half a year? I honestly did not. Look back at 2016, all smaller things that Steve Smith announced so far (so not the acquisitions) were backed up, NEVER within the time frame he announced it, but it did come.
So yes, I still do believe Sharkreach is going to do big things! No, not today or tommorow, but give them another year or two!
As I said before, I heared they are still working on the other acquisitions but things are going very slowly at this moment!
For you Americans, have a nice Memorial Day!
Amen! ;)
Thanks!
How can this be clarified? Is it purely done by MM's?
According to the OTC markets the outstanding amount of shares is currently 2.5M, A few weeks/month ago someone told me the amount of outstanding shares is currently approx. 30M. Can someone give me a update as of today? Thanks!
Looks like that matter is cleared. The message is no longer there..
It seems very hard for you to answer my question.. Did you actually visit their office?
Maybe you could give us some more details on your trip to their office? You still didn't.. Could you give more details?
All I can say for now is.. just wait and see! In a year or so you feel sorry you stepped out!
Ofcourse people going to hate now... but for the unbelievers a small sign of life:
Big things are in the works... https://t.co/gTHNRzPkrP
— SharkReach (@sharkreach) May 20, 2017
..And the momentum is gone for this moment. Nice momentum anyway!
So did you take a look around and asked around? Could you explain?
Or are you just trying to get the price down on SHRK? ;)
Please explain?
I am not sure about that, could be because a big part of the team is currently detached:
- Steve Smith is currently working, besides being CEO of Sharkreach, at a company they have a strategic partnership with: Mediapartners Worldwide as Vice-president.
And I am not sure if this is inside information, but it can be found on the internet so I don't think so: Steve Moriya is currently working at Fuel Industries besides Sharkreach! I believe that is the Canadian company they are acquiring! I heared they are far in the progress of acquiring this company!
Believe me, things are about to change!
I/We can only speculate at this moment, but what I think happened is the following:
Kevin Harrington was indeed part of the BOD of Sharkreach and according to Sharkreachs website he is no longer at this moment. BUT, he is still an advisor of Sharkreach. He also assisted the acquisition of Mastermind closely. We can assume Mr. Harrington helped funding this deal, but after closing there was a reason for him to back out of the deal so the funding fell apart. This most likely happened somewhere in February/March. At that same time he apparently quit being on the BOD. So,they DID indeed buy Mastermind last year and they DID do great work on the Star Wars movie VIA Mastermind AFTER the completed merger. SO SHARKREACH IS NO SCAM!
We have to await a reaction of Sharkreach to give further explanation on this (if they do). In the meantime they are still working on closing the other announced/unannounced LOI's. I can understand that they take time to close these deals since they do not want another screw up like with Mastermind.
Thanks!