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There’s no proof until we get a PR about the deal not going through. Nothing about denial but pure facts. One can speculate or accuse someone of lying but that’s a far cry from the facts. When I see a PR that says the merger was made void then I can say Ken lied. Until then we wait here or move on.
My point about the reply was that you want someone to prove you wrong when in the same post you stated that Ken lied about the merger of which you can’t provide any proof of that statement either. So you can’t prove yourself right about your own statement either.
You’re asking for someone to prove you wrong when in your post you said Ken lied about the merger. Where’s the proof in that?
About people losing fortunes…in an otc penny stock? Really.
I’m sure some lost money but you only lose if you sell. I’ve sold no shares…I’m down a little but not lost anything but I didn’t go into this investment looking to cash out in a week for 10,000% profit. That’s the problem with the otc. Most people look at it as a lottery ticket and when they lose the lottery then the world as we know it ends. Everyone involved in the business is a piece of crap. But if they do hit the lottery…then they’re the best thing on the planet. Crazy how folks think.
Well on a positive note….The share structure has been updated and hasn’t changed.
I’m sure that was part of what he was talking about but not all.
Ken said “No Backtracking” in his FB post.
Him saying that confirms that he has a plan and it will be carried out. At least that’s how I interpret it.
You missed some of the post.
My posts are not related to the stock. Speaking on the stock everything we do is to benefit the long term out look for our investors and institutions. Stay Tuned for more press releases but the negative comments have no place in my posts.
Everything in motion has a plan and there will be no backtracking here.
I’m not trying to start a firestorm here but Ken deleting comments that are totally irrelevant to his post shouldn’t be criticized. He has a post about R/S that can be commented on.
I would consider someone commenting about a R/S on that post to be a moronic act. That’s just me and if others weren’t pissed at him their common sense would be back in tact.
JMO
The merger is still the process. He told us it’s happening and I believe it will. He’s been transparent with his intentions from the beginning. He even said transparency is very critical to him in his FB post.
The writing is on the wall…some can read it…many can’t.
I didn’t mean to make my post as a reply to you. That was an accident.
Everyone is down on Ken and I understand their reasoning. But, Ken has shown who he is from the beginning. He told us he WAS going to merge with PLPL. He told us the merger was complete on his Facebook and official news WAS coming on Tuesday and it did. He told us there WILL be a 100:1 reverse split. Being in the OTC for years now this guy really is a breath of fresh air. He lays his cards on the table. I believe he’s the real deal and if peeps will go with him instead of against him…they will be very happy later.
This talk of R/S cancellation is wishful thinking but the facts are is that Ken wants on NYSE. He has been open about his intentions from the signing of the LOI. It is happening and won’t change. Will he delay it, maybe but he’s not going to cancel it. This is me just keeping it real.
It will more than likely come true here too. I do understand the frustration though.
I hope it works out that way. The SP was looking to make a big move until the R/S was mentioned.
He didn’t say when it would happen. I wonder if it would be soon or later.
Alright then. I was hoping you had some info that would instill some confidence after the R/S news. But I hope you’re right.
You mean “will” or might? Two entirely different outcomes.
I do agree about the R/S news. I would have rather seen I’d later even though many of knew it was coming to get where Ken wants to be. He put the cards on the table out of the gate. I like the transparency. I believe we will be ok when all the emotions subside.
I’m still holding because of Patel. Not sold anything. Being in the minus isn’t a loss. You only lost if you sold. I don’t plan on losing anything here. Way too much potential for me to bail.
But that is just my opinion of course.
The problem with the otc is that many only trade here because the shares are cheap can be with great reward. Most have no intention on holding for the long run but some are. I’ve been guilty myself. I’ve always looked at this one as a hold but was hoping for Penny’s or more before any announcement of a R/S.
More often than not most OTC traders are looking for instant gratification and when it don’t come…we’ll you know the story.
We still don’t know how this will turn out despite all the doom and gloom…
Totally agree.
Kens a visionary….he’s not looking at today. He’s looking down the road. If you lost money, I admit it’s frustrating to see this happen. But, I believe in Ken. We’ve seen some things out of him that we just don’t normally see. He’s not an run of the mill OTC guy…He’s a NYSE type guy. That’s why he said NYSE…he dreams big and from what I see….he makes them happen. For me….I’m holding for the gold that’s coming.
In Kens mind he didn’t make a mistake. He has openly stated he wants NYSE numerous times. I totally expected a R/S given Kens intentions. I shared my thoughts about it and got negative response for it.
I would rather have a straight forward CEO than a beat around one. That’s just my opinion.
In all reality most traders that have been in the game long enough knew that a R/S was inevitable to get to where Ken wants to be. We just didn’t think it would be put out there so soon. But, if we really think about it…Why would Ken not do it? It’s his lifelong dream to ring the NYSE bell. He’s been with his company a long time…we haven’t. He wants to get there ASAP so he’s implementing something that we knew was coming. If you hang on for a bit you will make money. If you bought in at .0015 yesterday…you’re break even is .15.
The requirements for NYSE is $4 per share. So
1 million shares /100(RS)=10,000 shares x $4 = $40,000 for a stock you paid $1,500 for. Pretty good deal if you ask me.
Am I happy with the RS news …absolutely not at this point but in the long run many will be.
I think Ken was aware of the audit results when the LOI was announced. I believe Tad was working with Ken way before the LOI. Ken knew very well what he was doing and how it was going to play out or he wouldn’t have posted it on his social media profiles about his dream coming true about NYSE.
He was 100% sure and had no reason to doubt the merger. Why would he post it only to have his dream crushed? He wouldn’t point blank. Ken and Co….very smart and accomplished people.
I expect it soon too. I would say it’s been done for a while but it’s JMO.
I agree that the thoughts of Penneys and dimes are much more pleasant than the alternatives. I’m sure for everyone involved….Tuesday won’t come soon enough.
I didn’t ask anybody. I know where it’s posted at. I was responding to you. Your post said to someone else that it’s on otcmarkets. So I responded that it’s not on OTC but Kens social media platforms.
Ok. I got you. I agree about the Split. I don’t want to see that either at least anytime soon. I do however expect it somewhere down the road because of Ken wanting to go NYSE. Unless it can be done another way.
I did look at it. It says that you are insinuating that the share structure will be updated next week.
That’s why I asked the question. It seems rather soon to get an update on the share structure by next week. Maybe I interpreted your post wrong.
I wonder just how long it will be before the share structure is actually addressed.
I didn’t see it on Otcmarkets. It’s on Ken Patel Facebook, Twitter and LinkedIn profiles. It is supposed to be official on Tuesday per Ken.
Sure we can. I respect that. I wasn’t trying to throw you under the bus. If there’s something I don’t know I want to learn it. Either way…we’re gonna make bank together. GL bud.
I’m not denying that MM’s could be playing games. It could also be retail selling shares. It is Friday and it does happen.
My point is that to my knowledge there’s no way of telling whether it’s retail or not. I’m all for this thing to blow the roof off and not sold one share and don’t plan on it for a while but everyone that buys it don’t feel that way. Some are happy with 1-3 ticks hence the ask refilling but that’s just my opinion because I don’t know their trading style. I can just speak about mine.
That I can relate with you. I think this thing is about locked up. So much accumulation and it’s in some really strong hands here.
But, is there a way to know it’s retail or not?
I know the share structure hasn’t changed. I check it everyday. I continually want to learn more about trading. If there’s a way to know whether it’s retail or not I want to know. It’s not an attack. I appreciate everything you bring to this board.
That’s true and I get that but to say it’s not retail can be perceived as knowing. A guess isn’t knowing. My thing is if someone knows how to tell the difference….I want to know too.
I don’t know why people do what they do. Everyone trades their own way. Undercut? I don’t understand that.
I’m not trying to start any arguments but I’ve heard for years that it’s not retail. When someone sells for gain or loss it can’t be contributed to not being retail. I understand that MM’s play nasty games but to say it’s not retail to me is speculation because there’s just no way of knowing. If there is I would love to know about it for educational purposes.
Is there a 100% way to know if it’s retail or not? Or can we just assume or an opinion. I watch L2 all the time. The only time it appears to me that it’s not retail is when there are 5/6 digit trades. Help me to understand how anyone would be that confident to say it’s not retail? It doesn’t matter to me either way but if it isn’t retail I would like to learn how to tell the difference.
I saw 22 mil at .0014 but not 17m@13.
Ken has done plenty that has been rare. His actions is mainly why I invested. I believe he is the real deal. He followed me today on Twitter. I didn't see that coming. Truly an honor.
A diamond in the rough we have here.