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You do realize Pete Sessions is not Jeff Sessions right? Those are two different people. Jeff Sessions is the pain in the ass AG and he's still around until Trump boots him.
I agree. There was a bunch of resistance around $10, so $5 is a perfect entry point. I'm sitting on 500 free trades that I flipped between Aug and Oct. When we hit $5, I'm doing it again!
I'm not Jackie... I'm Babe MF Ruth... Knockin this cannabis outta the park!
I agree with the sentiment of what you're saying, but changing the schedule classification of marijuana doesn't mean making it "legal across the board". Those expectations will met with disappointment. Its more realistic that the FDA will acknowledge the medical value of cannabis, as they did in the GWPH decision, but still restrict its availability to research and prescription access.
That by itself would be a huge step forward and a major catalyst for the sector. But thinking the US is going to follow Canada down the national recreation path is highly doubtful anytime soon imho.
This junk will never "fly"... why?
Because bags of turds don't have wings!!!
Good luck with MSPCrap!
Should have paid him his bonus in mspc stock.
I'm gonna buy at .41 so you don't get any.
Cool! Lemme know when the class action settlement comes in.
I'm done with the stinky pinks. Not hatin, but I'm out! It's all yours. I'm going back to what I know... pot and crypto.
Good luck!
Good luck with that happening. I feel pretty safe about the bet I made and I hope you do too.
By tomorrow I'll have the remaining carnage of my mspc funds in BTC waiting for ETF approval news from the SEC.
I guess we'll see what "pops" first.
Yea... it's the investor's fault that this company sucks, not the idiots running it.
That makes sense!
Notice the cheerleaders have no answer to my question about why do a R/S instead of a buy back since there is so much revenue and value? Or why not pay off debt? It's because they don't have a good answer so they tell us we have a problem if we aren't patient. THINK PEOPLE!!! Don't fall for it!!!
Nichopm, you've been here at least as long as I have and we bought into the same bunch of lies. So I completely understand how tough the loss on your position is. It sucks! I look at it as tuition for lessons learned.
But I will say this... I made my final tuition payment this morning and am now completely free of MSPCrap! I'm not happy about the huge losses, but otherwise it feels GREAT!!! Like I just finished taking a big shit! Time to put this crap behind me and find a company with real value. The most valuable assets mspc owns is shares in a different company. LOL!
Its unfortunate because this could have been a real winner. But management has screwed it up every chance they got until this is just worthless junk. But such is life in the OTCs! Oh well
That's exactly why this is such a piece of junk stock! $14M in revenue and a $2.3M market cap. Yet they need a R/S to fix share structure? BS! And they still have plenty of convertible debt on the books. Seems like $14M could wipe it all out right? But no announcement about paying that off.
How exactly is this increased revenue helping the investors or the pps? IT'S NOT!!! These guys are putting it on the shareholder to fix the share structure that they diluted rather than use some of that "value" to do a buy back!
You can hang on to your shares, but I'm unloading this HUGE bag of crap! Good luck to the sucker that ends up with my shares!
yea, that's what will happen. just like how nobody buys beer since they can brew their own right?
You mean skyrocket like it did leading up to the dividend last month? I don't think PHIL is capable of skyrocketing. Its more of a bottle rocket dud.
At this point I am so far down on this stock that it does no good to sell it. I think that is the definition of a bag holder right?
Oh well... lesson learned!
"they have accomplished a lot since 4-17"... Come On Man!!! Gimme a break!
on 4-17, the pps closed at .0008 with 416,987,600 in volume and MSPC owned 51% of Etelix.
today the pps closed at .0003 with 18,473,311 in volume and MSPC owns 44% of the Etelix spin-off.
Unfortunately that isn't a profitable accomplishment and as a shareholder that's all I truly care about. So blow sunshine about how genius these tweets and PRs are if you want to, but they seem to be heavy on promises and light on details. They're just vague enough to argue about without anybody really knowing what's going on. Drop bombshell news like they did and then go communication silent? This management team is so damn pathetic and ridiculous! It's amazing!
After being here for several months, I have come to expect a lack of details from management. At least they didn't hold a video conference to announce it. Maybe they are learning.
So if the transfer agent was originally gagged due to the possibility of litigation, I would take today's announcement to mean there is no longer a legal threat. That seems subtle but positive.
Also, the initial reverse merger announcement mentioned a half million dollars that was to be put back into MSPC within a month. As usual there was a lack of details around that statement, but I'm wondering how that money will impact today's announcements. Any guesses???
I think the reverse split is absolutely necessary. Not excited about it, but the key is reducing the available shares also. If they do that, the share structure of this thing will allow for all those optimistic predictions by the iHub Nation.
Either way, its about to get interesting in here!
GLTA
$MSPC
Apathy exists because nobody believes the promises. Nobody believes promises because they never deliver value to shareholders!!!
What did Gildex and the gold mines result in? They pumped it for over a month and we walked away with a lower pps and the promise of dividends in the future.
Now we await the announcement of another round of potentially parabolic deals. But I still haven't seen the profit from the last deals.
Same ol story with PHIL.... all talk, no action!
It was a snack food company right up until they filed the 8-K yesterday. They completely changed their officers and directors out with a bunch of guys that have telecom experience. Etelix is the new snack!!! I'm sure the name will be changing soon enough.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12837027/content/html
OTC Markets shows that PSNXD had a market cap as of yesterday of $41790. Right now those 104k shares are trading at $2.54 giving it a cap of around $264,000. "MSPC will now own 44% of total PSNXD public capital" according to the Yahoo article below.
So if that's true, 44% of the current cap at $264k would be $116k. Not a bad day for my lil trip zero MSPC!!!
Get it? PSNXD and the huge profits they will make with Etelix are basically a long term passive income stream for MSPC. And now these guys can strengthen their company and move on with real estate or whatever business they are better suited for.
GO $MSPC
https://finance.yahoo.com/news/etelix-becomes-publicly-listed-company-151300147.html
All runs start with volume. We are over 800% of the 10 day avg volume by noon. That's a pretty good start.
Exactly!
Wow, either the sky is falling or we're all gonna be rich. This is one exhausting board to read today. Good or bad, there's definitely excitement on a Friday. I'm not sure I completely understand every aspect of this reverse merger any better than anyone else, but here's my 2 cents.
I may not be a genius like most of the folks that post on this board, but in my experience PANIC SELLERS ALWAYS LOSE!!! Especially on triple zero stocks.
Next, it seems to me MSPC management has been overwhelmed by the Etelix business all along. They've admitted as much. So I prefer the idea of owning 44% of a company with management that has more relevant experience and can guide us to profits, rather than 51% of a company with potential profit that management doesn't have a clue about how to capitalize on.
On the other hand tho, I am still concerned about the share structure of MSPC and more importantly the convertible debt. There was mention of money being reinvested back into MSPC, but no details as to what form that may take. Hopefully that will go towards addressing these concerns.
I think we'll see some nice profits when the dust settles. If this volume gets going again, we can walk right over the MMs!!! Gotta be in it to win it so I guess we'll see.
GLTA!
Go $MSPC!!!
I wish. At least then I'd be making some money. I'm just a patient bag holder waiting to see what happens.
yea... shout at the flips. that works.
Perhaps if you add bold format they'll listen.
LOL!!
I'm not attacking anybody. And I didn't buy this stock because Cordova or Ardbeg said its going to $10 by the EOY. Just like I didn't sell it when Ferda started whining about it going subpenny. Anybody that doesn't think for themselves deserves what they get. Plain and simple!
That being said, if you are posting parabolic price predictions and acting like some kind of inside baller because you have conversations or history with the CEO, then don't get butt hurt when people call you out on consistently being wrong on what you predict. That doesn't seem to hard to understand.
PHIL's biggest problem is volume imho. All of the investors I talk to know about the dividend but don't trust management. And on the eve of the big divy day when you'd expect the optimists to be marching loud and proud in step... 4 of the 6 mods have abandoned board, the last news big enough for TDAmeritrade to pick up on was from June 7, the CEO tweets/communicates once a week and now the biggest cheerleaders have left the board. That's one helluva way to attract more volume PHIL!!!
I agree with that 100%
Deja vu all over again!
I bet he has a boatload of PHIL stashed away by now. Seems most people would eventually get bored following a forum board for a stock they claim not to own. But he's here every day... bashing and acting like a donk while he loads more and more. Crazy like a fox huh ferda? Great plan!!!
GO $PHIL!!!
"And many here posed the CC as being some sort of catalyst"
LOL... luckily I don't invest based on forum posts. But I agree... if you invest your money based on iHub boards, then the CC was a disaster and you should sell me more 3's!!!!
I think alot of people are just being impatient as usual. The share structure hasn't significantly changed, we are still on track for the dividend shares and volume has been increasing lately. Sure the CC wasn't exactly awe inspiring, but they seldom are. And I don't quite understand how Henry "moved the carrot." Yes he introduced more deals in the works, but as investors isn't that a good thing? Investors are skiddish so some may sell, but I don't see how the call changed much. I'll be picking up those cheap shares if y'all give them to me!
I don't think you do understand my frustration. You seem to think its somehow due to impatience or not understanding the challenges of business. That's not it at all. When a share price is low, especially in the early days of starting a company, that is to be expected. Taking on debt is part of the process and focusing on creating a successful model is an outstanding idea!
What's not outstanding is having to file multiple times due to your confusion over comma's and formatting. I find that to be frustrating. Missing a filing deadline and having to request extensions happens. But then missing those extensions is frustrating. Missing self imposed deadlines is even more frustrating. Terrible webinars that are unnecessary to begin with are frustrating. Meaningless fluffy tweets are frustrating. And the list of frustrations goes on and on...
These frustrations aren't born from natural headwinds that new businesses encounter. These are due to self inflicted wounds. That is what frustrates me... incompetence!
I don't recall Amazon missing filings or getting spit roasted between a stop and yield sign. Bezos faced plenty of challenges, but he didn't continue tripping over his own shoe laces. That's the difference!
If I were writing a script, your version definitely sounds good to me!
Unfortunately last time they released an attorney letter, it was on a Friday and it didn't follow that script. The share price made a small jump on Friday and then closed in the red on the following Monday, Tuesday and Wednesday.
Hopefully history doesn't repeat, but just to be on the safe side I would rather create the buzz on a Sunday night than a Friday morning.
But that's just my opinion.
If all this paperwork is so inconvenient for them and they share your opinion about the insignificance of their investors, why the F did they go public in the first place? Nobody forced them to sell shares of their company if complying with market rules is so difficult.
You're entitled to your opinion and maybe you're right. I don't know. But if management does share your opinion of markets and investors, then they are even more pathetic than I suspected. I thought they were just missing deadlines and milestones due to incompetence. You seem to be saying its due to an intentional disregard because what they're doing is more important than correctly filing required paperwork. That's an interesting take on it.
Also, I'm long in $MSPC and am in no way an "impatient investor". I don't consider it impatient to expect people to do what they said they would do. But I guess that's not thinking like a business owner huh?
I agree that filing the letter tomorrow would follow their pattern. The last attorney letter was filed on a Friday too, so it would make perfect sense for this incompetent management team to release another major catalyst on a Friday. What better way to kill momentum? At this point, holding the letter until Sunday night would be a much more preferred imo.
Hope they got the comma's right this time.
If you would have had a submarine cable tho, you'd have scored 28/28 right?
Yes, I do agree that they will eventually go current. And seeing the stop sign when I was led to believe we'd see current this week is VERY frustrating as I'm sure most will agree. I would just like to see management execute a milestone without screwing it up and having to redo it(filings, video-conferences, over-hyped conferences with no news, fluffy tweets). That might instill a little bit more confidence.
But it is what it is, so I'll just sit here holding this big bag until we stumble across the finish line and become current. Hope your unwavering optimism is proven correct Dempsey.
So if they know the filing is going to be late, why not file a NT-10Q and get a 5 day extension? That's what other companies do when they're filings are delayed.
Just seems like shotty management. First they file everything to become current, then their "format was wrong". Now they've refiled their late filings for the last 2 years and they miss the filing for this year.
I'm deep into MSPC so I can't go anywhere. And I do think they have a solid business opportunity with Etelix. But I question the competency of management to execute. There seems to be a pattern of being late and making mistakes. They do seem to want to go current, but are too busy tweeting business cards than preparing fins. It's pretty absurd imo.
The Good News is that the yield sign is gone!
The Bad News is that the stop sign is back!
way to go $MSPC