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Tecco and Waypoint made a pretty big play here. Ya have to admit it. What they pulled off here with a reputable company, lawyers, all of us etc., was substantial. Maybe worth a million plus to somebody. They are total jerks, but they made a fortune. All IMO.
So what happens if the water production permit is Ok'd this morning? Go time for MMEX?? Lots of shares out but most are owned by insiders. Could be interesting? IMO
Waypoint Refinery starts the same time (sure its a 20 year old business with a new name...), anyway, the only client is PCTI. This merger is their inaugural deal for the newly refurbished business. IMO, Waypoint and ELTZ are a team. I'm not sure about PCTI's role in all of these, but I'd suggest they got taken like the rest of us. IMO. Its over here folks. I'm signing out on this one. Hope to see you all on some other ticker sometime. All IMO.
Sir, that's the most important post anyone here will read today. As penny traders, at some point we'll all need "something to tell the spouse."
I thought it was supposed to be yesterday... now its today... same old same old OTC scam talk. The only positive here is that they're saying anything at all considering the suspension is on and there's no advantage for them even to be talking since they can't sell/dilute shares. So, with nothing to gain, perhaps they are being benevolent, and on the up 'n up. Guess we'll know for sure next Friday.
Maybe after RS. No way is a real company like PCTI going to have 5 Billion OS. If no PCTI than back to nobid. 1 of 2 scenarios. I suspect back to nobid. Common sense a real company would not touch this now. IMO Sorry, but Tecco has your money and he's not giving it back.
That is huge. Shopers Drugmart is a gigantic drugstore chain. Thanks for that.
Analysts are a dime a dozen. They say stuff. Its their job. Don't believe everything you hear. Well, except this; the CEO and BOD won't twiddle their thumbs while their hard work and investment goes to pot. ACB will make the necessary adjustments to make this company more profitable. Count on it buddy. IMO
Analysts smanalists man. Next week they'll be saying the sky is the limit for ACB. It all works out. IMO
If you hear something you don't like or agree with its a conspiracy? Gov. suppression... Come on man. Move on. What happened was totally expected just a matter of when. I was constantly worried about it while I had shares. Everyone was. It was pure luck, gut feeling and the official OS count that I received from TA that got me out on Wednesday. Luck.
This has to be the dumbest chain of events I've been witness to. Even for OTC standards this is like a bad soap opera. Its over here folks. Done. ELTZ has filed nothing for 2 years plus. Done deal here. IMO
Bought ACB for the first time today. I'm pretty happy about my position here. It will rebound. IMO
Great words.
Suspended, halted its all the same folks as far as the potential for this merge to happen. It will not. Period. No real company gonna touch this. almost 5B shares out. This is over. Sadly. IMO
Friday downturn usually = Monday upturn. IMO
4 years ago VALE was down to the low 2.00s. Yes, thats Vale the big mining company. Steady climb from there to 13.00 and more at times. ACB will rise again. Its under valued at 2 IMO
"closer" - words matter.
WOW! My, I didn't expect that. so sorry for everyone who lost here.
Who knows man. And its not over. Just not looking good. I've been following ELTZ for a long time and had shares @.0001 for a long time. Down here in the gutter one has to protect their money. That's why I got my money, and more, back on the first run and sold the rest right after I got confirmation of the 4.4 Billion OS. Gotta watch yourself here because things can change on a dime. Monday it could be back up a running hard. No one knows.
PCTI has better options to go public. They're realize this soon enough if they haven't already. IMO
Will easily be back to .0001 before filings. IMO. And the SEC extension is important too. This indeed can be suspended before filings. Just facts.
I did the same. I agree this is a long time for a company with no income or assets like eltz
I see no indication or verification of your 'probably". The only thing I see here for Tecco is massive dilution, notes paid off etc.. All paid for by us BTW. Something fishy going on here. IMO
Anyone know what Tecco is getting from this deal. Is he getting PCTI? Really? I'm pretty sure new management means he's gone. PCTI is merging into his shell company isn't it. RM... . Its a serious question and not meant to bash. What is in this for Tecco? IMO
We can believe PCTI because they have a good track record. But were not investing in PCTI yet. We're investing in ELTZ, And ELTZ has a bad track record.
Perhaps there is no auditor. Even PCTI and waypoint don't believe what ELTZ says any more so they're keeping a closer eye on them. This is going the wrong way here. Something is not right.
"closer" meaning it wasn't close enough before. Come on now... . I guess believe what you want. IMO
Well, when someone says they're going to keep a closer eye on you, and if you read the reason why, to ensure these statements are true (lack of trust) I think its obvious.
Do you think PCTI is happy with ELTZ right now? I think not! "keep a closer eye" They don't trust ELTZ obviously.
"The note balance is zero as per Crown (the lender) and the CEO of $ELTZ. Waypoint and
@power_conv_tech will keep a closer eye on the OS to ensure that these statements remain true. We've requested confirmation from the TA on the note being paid." (Waypoint, Twitter)
More dilution or dumping? Its one or the other and neither is good. IMO
Yes, they do indeed have money in the bank. Where did they get said money from? Rhetorical question... Say what you want, the proof is in the numbers and the fact that the information provided about no dilution etc. was erroneous and OS numbers were intentionally withheld from investors until notes (as per company if they can be believed) were serviced. This is blatant manipulation by ELTZ for the purpose of selling shares at top dollar.
Yes, and now that we know its ridiculously high, and that we've been lied to and information has been intentionally kept from us shareholders we should be sceptical. I do not appreciate how this company has treated its shareholders. The OS is far more than a PCTI will tolerate. Its just a fact.
Dilution confirmed over... again. The problem is that ELTZ can't be trusted. I was hopeful until yesterday's OS count reveal. I sold as soon as I heard. 4.4B shares. Who can guarantee that they won't sell more? Tecco? Nope. Can't believe him obviously.
Facts are facts. They deliberately kept the OS from shareholders, deceptively worded the LOI regarding the OS, and gaged the TA from releasing the OS - AND - all the while were selling shares for top dollar. Another fact is that Tecco has not closed on a LOI to date, even though, this is the third or forth one announced.
IMO
Contact the TA yourself. I did and I got the talked about number. Just less than 4.5B
Like, whatever. Fact is though, we were deliberately misled concerning the OS. LOI was crafted so to aid the misconception. So like who can be trusted like gag me with a spoon...
They're getting out before .0001. Now its not how much they paid, but how much they lose. Sorry
Announcing an RS maybe. 4.5 Billion OS. I was right here with ya until I got that official news. That's bad. IMO
Yes, thats a reasonable conclusion. A bit of a stab in the back for investors in the short term though. I don't like the idea of intensionally holding back information so the CEO can get top dollar for shares. The buyers are then left holding the bag. I'm lucky on this one because i went in with 1s that i bought months ago. Most we're no so lucky.... and its only luck. IMO
Say it with a robot voice.
Yes. So in no way is this a good thing. IMO