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From what I gathered from the website, are they expecting to get financing soon? What is the engagement letter? Is that a letter stating that they will get the financing they need?
Apr. 18, 2017: Meetings with Investment Banks NYC, Engagement Letter pending
Are they waiting on Earthlinc until they uplist? I wonder if RJDG will acquire any other companies when they do their uplist... The management's specialty is acquisitions and turning companies around.
The audit is going to commence on May 22nd, we are getting closer to full transparency.
I hope to hear something from the Silex dept too!
Woo! Funds clear this week. Maybe I'll be able to pick up some cheapies.
Although it's always good to ask questions and analyze a company, making misleading statements like RJDG chose this TA because they self gag is just nonsensical.
This brings up an important point... investorhub should be a supplement to your DD, and not a primary source. Remember, everything posted on here fact wise is usually from a SEC or company filing, a PR, a news release, financials, ect. It's important people know how to read a balance and income sheet too. People on here will swindle their own mothers to make a buck. Use investorhub to supplement your DD and your knowledge of the company. Ask questions on here if you don't understand something. Look at post history of people. Ihub is a great tool, but there is a lot of BS on here, especially with pumps.
Risk vs reward... This is a pink company taking steps to get out of pinkland. If this company was perfect, we would be trading on a major exchange. One must realize that new management stepped aboard about a year ago. Give it time, as a company cannot turn things around in one night.
Where is the report from trinity
What he always conveniently leaves out in his message is the fact that all convertible debt was retired, and the +25m shares bought by insiders. In some cases, diluting is better than taking on toxic debt. However, we still don't even know what it is... hence the importance of the audit. Looking forward to Q3 fins... audited of course :)
Is there a way to see what MM has my order? I have TDA if that makes any difference.
Thank you for your answer. The one I'm in had a friggin billion on the ask at one point lol. Glad that I at least retain my spot. Is this the same with GTC buy orders too?
Stupid question: When I place a GTC order to sell, do I "stay in line" or do I get put into line with everybody else at a certain time? For instance, say there are 10000 on the ask. I am number 4000-5000. 4000 shares get sold and the day ends. The next day, am I first up in line?
Good jobs report: I wonder if the jobs report released late last week will work in Silex's favor. Maybe people will now get that kitchen remodel done or businesses like bars and restaurants may upgrade their serving areas.
http://www.marketwatch.com/story/us-creates-211000-jobs-in-april-as-hiring-rebounds-2017-03-10
Is there a date in which they release their actual valuation coming?
Thank you for the very informed postings. Better than seeing "This is gonna run" or "this is a turd". Still doing my research here, took a small position on the dips this past week. More funds clear this week and I am researching whether or not this is a good time to invest more into MMEX
Sometimes, dilution is better than taking on toxic debt. The share structure here is small 209m OS and 69m float. We will find out the truth when audit hits. Cheeky made a post highlighting what is going on with the dilution. Period end.
Yup, agreed. I always see that disclaimer everywhere.
His message is just redundant, same thing over and over again without any proof. He said in one message that RJDG chose this company because they self gag. Many of his posts offer no backup besides the TA being gagged. He talks about dilution but negates the insider buying and retiring of convertible debt. He says that Silex may not be real and asked if I ever bought it, despite the fact that there are many testimonies and pictures of products installed. He claims that PPS is down, but looking at the chart from Dec-present tells a different story. He says they can say anything they want... which is a true statement...but doing this is against the law and illegal.
Bottom line... if the audits come thru like they say, this will give huge credibility to the stock. Only then will we know the full truth. However, there is more proof that this is a legit company than illegitimate.
I am now done debating this. I have made my decision and I will let everybody else decide. Always do your OWN DD!
Remember people, there are people paid to bash stocks as well as pump them. Doing your own DD is very important. Some people will scam their own mother to make a buck, and they will lie their faves off to you. Watch what people tell you on here. Look at their post history.
This is a pink sheet stock, not a blue chip. There will always be some risk.
Exactly! I for one have no reason to not believe them. The new management with Ron and Co. have turned this company around nicely. IOsoft and Silex have the potential for a nice return. In for long.
I love these! So pissed I didn't get in at those .016's!!
Hey Ted, from what I gathered from Cheeky's post, Equitas retired their debt, so no more toxic debt to them. That was several million shares. There were 2 insider purchases, I think totaling over 25 million shares. I'll have to dig up the post.
I wish he was unbanned because he knew a TON about this company.
So PGPM is expecting to file to current status this week? Gonna keep my eye on this one
I wonder how many stop losses were triggered in yesterday's sell off...
nice recovery though. Let's see what May brings in!
Aren't they due to release fins soon? Last one was Feb 3rd, 2017.
That's why I bought in at .014 and .0135. Hopefully we have some good news soon.
You too! Have a good weekend all! Hopefully next week we get some goodies, whether it be more cheap shares or a run.
Is it possible that a company like Exxon Mobil or BP can come aboard at a certain point? I've always wondered that with MMEX
That was a hell of a drop... I wish I had funds ready! Would have bought as much as possible. I was even thinking of liquidating another play but reason and sanity took over.
An update on Silex would be nice. We got the news about IOsoft going from beta to active. A PR on some recent Silex contracts would be great. We are in the busy building season after all.
Now you're just making wild claims. Prove they employ this TA because they self gag. Misinformation at its finest
It could be dilution, or it could be people buying in the first day then taking profits the next. Again, we won't know until the audit or next fins report. Rjdg is listed under zwick and banyai on OTC markets.
Even if we had minor dilution, I think that's much better than getting in over your head with toxic debt, which they're paying down now. Actually, I think all toxic debt is paid off, or they took a good chunk out. Gotta look at fins sheet again.
Don't turn this back on me. You're making allegations, and today your newest one was dilution. Where's your proof? Where's your proof they aren't doing the audit? So far I have material evidence it's happening via a couple PRs, and the otcmarkets lists RJDG under their clientele. Revenue sheets show profits, obviously those are coming from sales. So far, I have material proof, while you speculate. Remember, it's a crime to mislead investors. You said in one message that they do not go after pink companies, but then in another message you said that you cannot wait for the SEC to come down on a company (not going to name it due to being off topic, but it was a sub penny). I find it funny you want me to prove my claims (which are out there if you do some dd), yet you speculate. A sudden drop in price? Dilution of course. No 8k, no audit! Profits? Oh they can say whatever they want.
And you know what? They could... But then they're breaking the law, and opening themselves up to arrest and fines. Of you look and do some dd, you'll see silex line installed in photos, and you'll see testimonies. I'll take that over somebody speculating they aren't selling anything.
You conveniently forget that RJDG has been under new management since about a year ago. You state you have a business background, so you should know that you cannot turn a company around overnight.
This is the last message I will respond with to you on here. I've made my case, and so have another longs here. Any pink sheet is a possible gamble, and I see this as a higher reward than risk. I don't know what your true intentions are with your posts, whether you're really trying to save us or something else.
Again, please provide proof. Why is it not a nervous investor seeing people selling and price dropping, so they do the same? We will find out when the audits hit, for sure.
Please provide proof, not more of your speculation that so far has been disproved for the most part. I'm a long here, so price fluctuations day to day don't mean much. Look at the chart from December. You regurgitate the same talking points over and over, and most is speculation at best. Comparing silex and spongetec is ridiculous, as silex has an actual product you can touch and see, and have contracts. You do realize the new management took over a year ago, and it isn't the same as in the past. Honestly, I like when this dips a bit. I can collect shares cheaper. Again, I am a long with this stock. If I wanted to play quick plays, I'll go for sub penny and triple zero.
Yeah it was weird. Wish I had funds that cleared in time. Would have loved to get in some of those .015s
Panic selling. Congrats on all that got cheapies.
Was this recently published news?
Was that debt conversion dilution?
Stupid question lol... I was looking at OTCmarkets and noticed companies like NSRGY (Nestle S.A) and TCEHY are listed on the pinksheets. However, they are multi dollar stocks, NSRGY being a $79/share stock. Why wouldn't they at least be OTCQX or on a major exchange? Do they not report a certain way, which keeps them in pinks?
Here is something I fully agree with you here. It's just not the time for solar. Many cheap forms of energy at this point, oil dropping yet again and the dollar gaining strength. However, if we see oil shoot past $100 a barrel like it did in the 2008 period, we will see a big flock of people to solar. The new administration looks like they want us to become more energy independent, and coal may make an entrance again soon.
Good post here... also covers the terrible gov't in California that pushes higher cost green energy. Also, solar is not attractive for areas far away from the equator, or areas prone to rain/clouds. If it becomes more efficient, the working area will expand.
It's just not efficient enough either at this point, although it is getting better. Coupled with dropping oil prices and the possible re-emergence of coal, solar may take a nosedive for a bit. Now with the class action lawsuits, this stock has hit pennyland.
People are waiting on IOsoft revenue numbers and the July fins. We may trade sideways or keep going up slowly. A PR for silex contracts can help. But long term I think this looks awesome. Oh, a big catalyst to increasing pps will be the uplist to QB also, IMHO. But yes, those IOsoft revs are the big catalyst