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Sorry to say, and I'm not bashing, but all the evidence was there that this was going to trip 000's, you cannot fight dilution, it destroys stocks and there is no way to profit on a stock that dilutes and this will go on for months with SVTE.
Then I will change my statement, Timbaland is active on Twitter to promote EQLB, but has not provided any formal communication that would draw new investors to the stock since last June's pool party.
Hate to say it, and I sold my shares weeks ago when I saw that they lied and this toxic dilution is still occurring, but this will go to trips without a doubt. If they raised the A/S to 1 billion, then they will without a doubt use it for more dilution. This will go on for many months to come and the price will succumb to it, I've seen it way too many times before. The lower the share price dips, the more shares that get converted, its a death spiral! All these OTC CEO's are liars and will punish shareholders without even blinking an eye.
Beautiful, and how many new investors has he brought to your stock with his Twitter posts?
Looks like Timbaland vaporized, no official word from him since the pool party last summer. All those wonderful promises just seem to disappear over time.
Until they communicate in such a manner to draw in new investors, social media pics, etc. do nothing for the share price, but it sure does tickle a few of you.
Wahoo! How is the share price doing with the lack of data and communication?
guess its typical OTC land then, people are taking losses and moving on for whatever reason.
Looks like dilution must be the culprit for driving the share price back down so low, who else would be selling at this level?
next news, Pool Party 2017!
We buy stocks in hopes of making money, if the CEO does not support a higher share price, then nothing else matters. If the product is actually selling in various places, then he needs to keep the financials current and communicate progress in such a manner to attract investors, otherwise this non-existent volume will continue and the only one making money is the CEO taking his salary.
Not of it matters Eng if there are no PR's or formal communication being put out as evidenced by the lack of volume and interest in the stock for many months now. That could all change, but promises for it to change have not been fulfilled in the past.
lol, there's not much room left to roll downhill anyway!
lol, only news you might get will be to announce "pool party number 2 coming summertime 2017"!
lol, r u insinuating to replace Lord Timbaland? The next big event is probably "Pool Party #2 coming summertime 2017"!
lol, what else would you expect, the last PR was about a pool party at the beginning of last summer. Maybe they will announce a 1 year anniversary pool party this summer, you should get a PR on it sometime between now and June!
Well its a shame, we bought this stock assuming it was a growing company and that dilution was ending, too bad they are now using dilution to expand the company and will probably continue to do so in the future. Sad that shareholders always come last and end up paying to fund the companies operations.
Yep, that's the risk we all take in playing with these stinky pinkies, too bad SVTE turned out to be just like the rest of them!
Just another POS like hundreds of others, and yes, he seems to be one of the worst liars. Timesx2 talked to him many times and even his faith has been shattered, notice he rarely posts anymore and I wouldn't doubt if he has moved on as well. This stock is headed to trip zeros real quick and it will be there for months in the foreseeable future with the heavy dilution that will be going on thru 2017.
I'm out for good, dumped my 2.5 million and will be gone. Not gonna stick around, nothing good going on here anymore and with the A/S now doubled to 1 billion, the o/s will continue to climb daily/weekly/monthly with new dilution which does nothing but kill any chance a stock has of rising (as witnessed today). Good luck to all of you, this stock had a lot of great followers who have been burned, like myself. If I have learned one thing it is to never trust any OTC CEO, they all lie, they all dilute, and they could care less about their shareholders.
sucks! I really thought this stock had a lot of promise, turned out to be just another OTC loser with endless dilution.
lol, each round of flipping does nothing but take this down in a death spiral each leg, now the .0014-.0016 flippers are dumping a couple ticks higher? Guess that means this next leg down will take it to around .0010-.0012, and then they will sell at .0015!
wow, we went from +23% to -20% in a blink of an eye, VDM sure is a crooked bastard!
Sht, and we finally had a rebound today, it has to be new dilution, I'm out for good as soon as I can dump my 2.5 million.
I'll take any green just to break the downturn!
and the downtrend continues................. not a very good XMAS gift for us longs who bought this based on what we thought were good fundamentals, guess OTC stocks ignore it and only trade on momo/PR's.
sometimes they lag in what they report, and by the time it gets updated, the share price has already tanked, been victim to that scenario too many times.
I cry dilution, and still believe it may be dilution regardless, hard for me to believe that tens of millions of shares have been dumped by retail this past week and it would have to be for a loss as it is trading at a low point, but that is my opinion until proven otherwise. I've just been in too many other penny's in the past in this similiar situation, and guess what, it turned out to be dilution and by the time I got the facts, the damage had already been done and I was stuck with heavy losses. I'm still hoping its not the case here, but I don't trust them one bit and am very leary.
Another 18+ million shares today, all below yesterday's close, indicates to me that it must be dilution. It's obvious new buyers are stepping in to take the shares as indicated by new posters on the message board, all hoping they are getting shares at the low, but this daily heavy selling must be dilution, otherwise it's 100% retail selling for losses which is highly unlikely. The only question now is, how much new dilution is left to go????
I'm holding 2.5 million myself and would like to know if this continued daily dumping is either retail selling (for a loss at this level), or more dilution? If its retail, then I will hold and wait for sellers to finish so that it can rebound. If it turns out to be new dilution, then I will also dump my shares and move on, anyone check the share count today?
lol, glad to see the share price reflects national rollout, guess it would be at .0001 without it!
I don't mind bashers, I bash other stocks myself, but only when it is appropriate, not in an attempt to scare others into selling, but only to make a point based on facts.
You say the revenue is great, the business is viable, but it all just a cover up? The loans were small and have now all been paid, this stock is going up from here and any dips in price will be gobbled up immediately by me and many others seeing the great potential if this stock ever gets anywhere near true value.
Toxic financing is done and all notes have been converted. Company is growing and has a very low share structure as compared to most other OTC stocks which usually have billions of outstanding shares and we only have 263 million. Some are attempted scare tactics to get others to sell them their shares at lower prices, if they sell lower tomorrow I will be buying all that I can.
you are right, there are many OTC stocks with no far less or no revenue, only hype, at much higher share prices and overall shareholder value. I bought this stock because it is a rare find in OTC land, it is a real business, it has real revenues (over $3 million in fact), it's growing, and margins are improving tremendously! I plan to keep buying any significant dips with any available cash, this should be a great stock to own going into 2017 and could rise in price by a large margin if/once others see its true value.
Highest daily volume in weeks the past 2 days occurring at the 52-week low, now tell me it's not dilution when shares were dumping all day at the bid price. Keep buying if you wish, but remember one mans trash is nothing but another mans trash if it swaps hands.
If the price goes up on the report tomorrow then great, I have 2 milly shares at a .0025 cost average. If dweebs sell the news tomorrow then even greater, I can buy more shares on the dip. So either scenario is great news!
10-K looks great, wonder who was dumping into the close today and why, now they must decide if they want to buy back in higher.
Sure has been a lot of dilution going on this week, wonder how much is left and if the same handful of long-time longs will continue sucking up the shares or not. It's at a 52-week low and sinking lower day-by-day, DRMO has vanished and no news since the big pool party over 6 months ago.
I take silence meaning they have nothing meaningful to say, otherwise they would have said it already.