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Of course. pps will be higher. Bcoz the comp will have no choice other than RSing it, and you know what will happen after that.
100K equates to over 100 mil in dilution. So at conservative end, we are talking about 80 mil more shares added to OS.
If company was that responsible, it wouldve stopped dilution by paying it off from the cash in flow from this acquisition, and apparently its not.
Dilution + desperate capitulation = we're in dudu.
Then where all this new dilution coming from?
Maybe company is using MMs to accumulate capital on its own?
We're about to hit all time low.
Dilution is at its highest.
ASK stacking up like crazy.
Dilutors dumping on BID indiscriminately.
Did they release 8K with new convertibles lately?
E-Trade is always ahead when it comes to get DIV shares in the account.
TD sucks big time.
And now MAXM is up. You know what is going on. He is dumping like crazy.
Could be dilution.
I'm taking it to your words.
Did they insinuate anything about the type of news?
You admitted it to be highly likely possibility in one of your posts
How do you know for sure about the news?
Small amount could be big in terms of shares here.
Continued dilution is overall not good at all, leading to loss of interest to buy shares and thereby price drop.
bcoz all that matters for us at this time is the sp, period. Company is unreliable and any shout out to them is a total waste. If they cared a grain of sand for us shareholders, then this wouldn't have been the situation.
Acting at this snail pace is equivalent to that of not acting at all.
I hope the company undertakings are not too late for us shareholders eventually.
As much the sp hits lower, more harder it will be to uplift or for it to rise. Not sure if it ever will happen.
I'm wondering if your predictions will ever come true, coz so far, as far as the sp is concerned, youve been proved wrong.
Company is also acting really really slow, which is the main reason for the downfall of the sp.
In the interview Kory said that there are currently no direct competition with N, whereas the anti-N articles are drumming aloud touting stiff competition with this business model.
Which is the truth here?
Can't afford to bailout at these levels. But the company can't be worse enough to trade at these prices.
Time will tell.
Does anyone knows when we'll receive the div shares that we were suppose to get?
Wondering what Feenstra and Spikes are upto right now.
Can they pull this one off with their magic experience they have up their sleeves?
we shall see.
https://seekingalpha.com/article/4248548-namaste-technologies-collapsing-abyss-creation
Why these people are reiterating the same thing over and over again?
Gee...we already know the situation. Give us something new.
Wow....Thats beautiful.
Thanks for porting this CC transcript that has the complete content including the Q&A
If you say that we'll see profits, according to your guestimated cal, what eps are we looking over here based on the ss?
0.01 eps or more?
Why Q1 will be out so late? This comp is always slow on things.
Guess they have plenty of time on their plate, while the shareholders don't.
Do you know when the financials are out?
You were saying that this will fly soon. According to you this should have been over 0.002 by now after the deal closure.
When are the financials out BTW? Are we going to see some positive financials?
We have Google guy and a Elon's buddy. These guys are genius, and I believe they will surely know how to take care of business.
Make fear of others your strength.
what then he wants? Shorter?
How he goes after the companies whose sp is in distress?
I called the company about all this mess, and they said that I will get a call from IR to clear the air about all this. Hopefully things will straighten out.
You guys should also call them.
Thank you very much for the info.
Now my mind is at a bit rest knowing in whose hands the company is. Now I'm not that worries about these know-how IHUB guru's who say that we're not going anywhere.
If you are looking to trade in the short-term, then I would say it could suck. But I'm long and patient.
Also, is SEFI DOLLINGER, Sean's brother?
Elon? LOL
But you are correct that nobody would kick out a person who actually started a company for silly reasons. They certainly has a big plan for this company.
Do you know if any of the prior lawsuits would fizzle after Sean's departure? If so, I'm all in, coz they can prove that the person who initiated those transaction has been doing illegally at his own accord. No person and hence no lawsuit to run against.
Are you sure we have people in the company who have had run-ins with Google and Elon Musk?
I hope someone values this company at $10/S...LOL
Honestly there is a huge potential for this company to grow into multi-billion dollar. The only thing is, bring someone onboard who is well known and can turn a company around completely.
If he's gone for good, do you think that he will pull out his 20M shares from the market? I hope he buys even more.
We're not worries about what goes on in the background. Most important thing is the financials, that matter the most.
People come and go. In the end its all about how the company is doing.
Of course the MMs are in full control. They are the ones that have major part of the float at their disposal and at their will.
These penny stocks are always controlled by MMs who work in a concerted fashion, which is actually a loophole for the workaround. One needs to be very lucky to make some dough in this highly risky OTC market.
Some people are good at it, while most suck at it.
When you build a business, you cannot play around with it. He never must have thought in thousand years that the very company he built would come and bite him in his back.
I think Sean needs to let it go and start trading with us and make money that way. He will be the best insider for the company as far as trading goes.
Worse part of all this is, we're the ones who are going to get hit, eventually. And no one else.
Do you think the traders will just sit (including you) and wait until the sp goes to 3 or above pennies?
Everyone will dump this and bring this price down like crazy. Unless the financials put a good positive EPS on the board and new investors step in to support the sp, then we're gettin somewhere.
First off they are delaying the closure of Red Wire for no apparent reason.
I think one thing at a time is a better idea than throwing several different ideas unnecessarily.
greed is the main driving force for a lot o people. But remember it eventually gets them. The bliss may live only for short time, but integrity and truthfulness will last forever.
Remember, some of the guys here are just to deceive people for their own purpose. They will talk fluff just to rile up the folks to buy shares until it goes high and they will dump. Most of them are here to swing trade or even day trade.
What he heck is really going on with these people. Lawsuits after lawsuits. And without any reason, we the shareholders are facing the brunt of all this mess.
These guys need to face each other in the ring rather than putting it all on us shareholders.
I'm sick of all this.
Sean should get his name clear first before going after the company. What a moron.
If the comp were to do these things back in 2017, I wouldn't still have doubts about some stuff that have unraveled so far.
I still have concerns about some things, such as, really high OS, very very high AS of 8B, really low sp. Can you tell me what likely the comp would do for these things based upon the current circumstances and no cash in the bank?