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My wife’s father was a con artist and scammer... my wife and her brothers are as honest as they come.
Each stands on his/her own.
His father’s legacy should have no impact.
Good entry point. Have been watching. Took my position today. Nice low floater with real revenue, and chart looks great.
Hey all. What is the timetable for the ticker change?
Pennies for dollars.
Feel your pain. -25k over here
Man I hope there is a strategy here by management.
If this goes to .001, Chris could lock all shares on a month of his salary.
He could make millions upon millions, by with a pause (hopefully stop) dilution, drop Q, and then strategic news drops.
I have averaged down so much. I still have a hard time believing they won’t buy at low and let it run...
They have to be smart enough to know they can make a fortune with this amount shares at this share price. Right?
Such a frustrating position.
He is goofy without the caps lock
That was due to goodwill impairment charge. Actually good that is out of the way. Doesn’t represent cash flow or operating expenses.
That is pretty much standard for a good accountant in NJ/NY/Philly area where I am located.
And I guess you don’t have experience in this... but a good accountant is worth paying a premium for.
My accounting firm is $150 p/hr and review and sign off by owner is $350 p/hr. If this accounting firm has been working on this 5 days p/week since May... so let’s say 50 business days... if they are billing 4hrs a day at $150 p/hr... that is $30,000.
I would say that is low end being this is a public company.
It depends if it is followed up with a path to profits and end to dilution.
Only way this runs after 10k.
No one will buy with the history of this management diluting to no end.
So you say it isn’t possible?
This is Tim’s company that eventually became FLES:
https://www.google.com/amp/s/www.bizjournals.com/atlanta/news/2018/08/01/atlanta-businessmen-get-10-years-in-prison-in-1.amp.html
“To carry out the pump and dump schemes, Bercoon and Goldstein arranged for Medcareers Group, Inc. to issue a series of misleading press releases and SEC filings, at the same time as co-conspirators sent out mass emails touting the stock.
While the price of MCGI and the demand for the stock were both artificially high because of these efforts, the defendants orchestrated a massive sell-off of their stock...”
Yeah, the 10k debacle is just that... if it was criminal, would be nearly impossible to prove.
The PR about the institutional investor, SEC investigation could prove whether this was falsified or legit.
Lol.
Stick your head in the sand. People can own a stock and not be happy about it.
My average is now down to .075
I have $12k tied up in this craziness.
I already contacted SEC and I hold 160k shares.
I am not sure we lose if SEC finds wrongdoing.
Share spike if Tim Armes is arrested.
I don’t need to spend a dime. SEC needs to look at it.
The press release stating they had an institutional investor I believe was an outright lie.
An institutional investor means the end to toxic notes and minimal dilution... which gives investors confidence to buy.
That press release should be investigated. I think we will find they were not close by any means and just used that pr to dilute more.
To add to that, this is exactly the the mcgi execs went to prison for.
And a reasonable amount of dilution is not a terrible thing if there is Revenue growth.
Most public companies dilute to a certain extent.
Just need that 10k... and they need to shake the reputation of shadiness they are building.
Let me guess... comes highly recommended by Tim.
That is fantastic.
Happy 4th everyone!!!
Let the Fireworks commence!
Pick a Tuesday... any Tuesday.
Didn’t notice that before.
So what is Chris? District Manager?
Let’s hope so.
So when they put a PR saying the 10k would be out by end of week... and then nothing... intentional deception?
If you read the previous case, a lot of similarities.
Maybe it is nothing but poor management, but being there is a case history, like I said, they might take a look around.
Considering execs from Tim’s former company went to jail for fraud related to stock manipulation... they might take a look around at what Tim is doing here.
I would prefer Chris & no Tim.
If they release 10k with +20-30% growth in rev and announce Tim is gone.... this takes off.
Any Tuesday? Lol
With these guys you never know.
You can’t be serious.
I would say hiding at this point. Lol
Actually I think whoever started this, created an unexpected Sienfeld episode.
Not to be racist, but you don’t understand all this racism talk?
Chief Hush Officer
Director of Quiet
Maestro of Mute
Sultan of Silence
I see what you did there. Lol
I think most are just waiting.
Nothing really to go by until financials are released.
As a Philly guy, even though our team right now is horrible, at least we are not the Mets. Lol
I know. It is some welcome good news! It seems they are waiting to drop the news bomb on us after financials are done.
This comment from owner of skullkrushers in that same thread:
“Amen to that man! Ugh it is soo massive for us they’re gonna put us on about 1,000 sites like Walmart.com ect it’s next level! And who they want to partner us with will blow your mind when I can tell you!”
Check it out. Wish they would have put out a PR about this...
https://www.facebook.com/100023729903894/posts/466947277439598?sfns=xmwa
I don’t think it is scared... just held hostage by lack of hard data and the lack of transparency in what Tim is doing.
My average is .136