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AS soon as numbers are done the accountants are free and clear!! Tough call on that one! Unless they enjoy angry shareholders blowing up their phones day in and out..not really a tough decision at all. They can go back to business, as usual, in good standing and are off the hook for both the blame and involvement. Maybe even get out of legal issues if they were to occur down the road... which might happen depending on certain variables moving forward and the s*** show it has become. I've seen lawsuits 4LESS! lol GLTA FLES Goldmembers
3 catalyst... Q, K, and Dilution D-day... why would any stock with 40% year over year, with consistent growth monthly drop as far as it did...Manipulation and I’m not buying or selling any of it until any of the news is confirmed... I would recommend the same for current holders... don’t spend a dime until the company gives you a concrete reason to. I’ll buy will be at a penny which it should never get there but that’s the next buy for me. Otherwise just watching this Rather see a zero profit day then -15% or -25%... all this is doing is ruining the dynamic duo and the accounting firms reputation in the end. The accounting firm has been around for quite some time via their website. I’m sure the owner’s relatives ( children and grandchildren) realize circuses like these will destroy the reputation he has built for the company. 81 years in business is about to get slapped with a whole bunch of negativity because the owner’s of fles are blaming them for everything. Tim is gonna destroy the images of Chris and the firm... so my advice to them would be to hurry it up before your reps are tarnished forever.IMO otherwise let’s waste time to get shares a couple of pennies to risk shareholder trust and possibly their reps... get on with it... everyone here is here until you give them a positive reason to leave! GLTA Fles still gold IMO
Just HOLD! If the stock does not buy or sell then a catalyst is necessary for movement. People shorting this is ridiculous at the moment... sell to get a dollar stock to get a penny or two difference. 90% have averaged down and added more money to the market cap but then it gets diluted. Stop buying and selling... no gain is better then losing money. If they stand around with their ..... in their hands... so should your money. In this case don’t start buying until it moves green a few days.. called an uptrend and will only happen when the accounts stop counting their toes and go out and buy a calculator. Anyone know the name of the firm so we can start expressing our views and destroy their business one customer at a time by informing them how quick and efficient they are! ??
Ok... I’m a supporter of the company. Not a fan of the word debate with fellow fans. Debate= argumentative... I’m just asking for an opinion? I know you know a good job from a bad job just by talking to you. Not gonna “debate” anything... this is an IMO site... so just wanted to here yours. GLTA Fles and stay positive only satisfying gains comes from extreme pain.
I understand just about everything that’s going on. It’s not the best approach but I understand it! In your opinion... how long should financials take? 8 hrs x 9 work days ( Based on June 4th vacation excuse) = 72 hrs of possible calculations, after months of preparation, seems like a long time for a so-called professional accounting firm and two CEO’s in the mix. What was everyone doing up to June 4th? No prepping at all? Not exactly doing a great job IMO
Glad some of us are on the same page..Love the e-commerce niche and the company... these guys could be at the table with Bezos and the e-commerce elite and they are choosing to go routes the great CEO’s haven’t even considered, because it doesn’t work. It’s really sad the B-squad we are working with doesn’t have the drive to be A list players. Pump this to a buck with bread crumbs ( not even the 10k). Get all the shares back, keep people interested,without dilution and repeat. Try to make real money instead of pulling the shell off a golden egg.
I agree....the stock is acting like it's losing money every year. Notice I said "acting". This is acting like the doors closed everywhere. What a joke. No company making over a million in profit is worth a 700,000 valuation anywhere on earth. The company is worth negative forward earnings? If you are retail and want to average down, and are capable then not gonna try to stop you. But most already have. My recommendation is do nothing.It's called HOLDING.The less this price moves until Q or K the better. It's clearly headed in the wrong direction PPS. When you buy low.... the MM's try to pull it lower. DO NOT SELL and DO NOT BUY MORE either. They can pretend to make money instead of actually making it. Do not buy into their greed.Their strategy IMO" If they bought/sold lower, let's see if we can get them to sell/buy lower" and dilute if we need more. This has got us where we are. Dilution will stop if the price stalls because of retail not games.IMO I know a lot of people are frustrated, but retail buying and selling into this is doing nothing but but feeding the institutions. HOLD and keep this thing from moving at all. Rather nobody make money till the news then the MM's fattening their pocket's with peoples hard earned money and panicked decisions. Don't buy or sell their BS moves they are trying. Wait till they decided they screwed this company up enough and actually start pushing it the other way. Chris and Tim and whatever dip**** accounting firms they are using will be remembered as incompetent if they don't start working on something other then their stroke, and I'm not talking about golf. Anyone saying one guy is great and another is POS is half wrong. IMO they will both have incompetent entitlement if they continue to turn a multi-million dollar business into peanuts. People will either crack a beer with them or throw full beers at these clowns. Great company or another s*** stain on the OTC? Guess they enjoy being the blunt of stupidity jokes. How many dipshit monkey's does it take to figure out financial's.. IDK, ask these guys? IDK how many are on Chris's side.. but your high if you don't think he isn't apart of this BS and isn't part of pissing on shareholder value too. It was his company,correct? Who signed the paperwork and is still with the company? The company is gold and they are still finding a way to turn it into a steaming pile of ****. I know they are getting use to the smell because their heads have been up their a** since this merger took place.
Maybe you should work PR for the company, not joking either.... seems like you’ve seen this type of thing before. In your opinion, should the whole lawsuit situation have changed the value of the company from what it was. Financials should have improved, yes? 75% dip is quite the reaction...
So you been around. Nice! I know some long formulations but definitely not as much as you. Being in the Class of 1977...long hand really was probably the majority in calculations. Not easy stuff or short-cut! Do you have a theory on the last dump? Something that would make future investors warm and fuzzy.
From 4 or 5 years ago... a lot can happen in that time frame. Different ownership, lawsuits,contracts, expenses, taxes,cost of materials, economic events. (The crash of 2008 the same as 2012-2013) Do me a favor teach and go back for a refresher! I’m sure the tuition is exactly the same after 5+ years following the rules of 101..so it should be quick!
Your absolutely right... after the last BS with the 85% dump on good news and not to mention was awesome for shareholder value... why would anyone trust this institutionally owned company with a CEO that spent 40 years in the wolf pits of Wall Street and seen and performed every method possible to fatten his own pocket by lightening yours. As soon as a big retail buy comes in, during an artificial pump, another retail investor will get hung to dry and another pocket lined with someone’s hard earned cash will be completed again... wash, rinse and repeat. Loses 85% of share value with only 15% retail ownership on this HUGE 2.5 million settlement. Makes total sense??? Why would anyone question that? Nothing 100% transparent... charts from 2014 because no one has any idea at the moment... words like “up to” and “ 7 figure deals”. 7 figures isn’t a number. 1,000,000 is way different from 9,000,000....Not one solid number or even how the numbers are broken down. Final cost and actual profit when all said and done. Just because a party is 1,000,000 dollars doesn’t mean that’s your profit. Nothing is free for party’s. Probably more like 6 figs after all said and done. Where was the long support during that BS. I know...killing your account. No one has a solid thesis on the lawsuit dump.. so no trust till then. If you get kicked in the b****.. you probably would like to at least know why. GLTA to the retail left and the ones that actually care about shareholders and their opinions. Business aside...Happy Father’s Day and hope everyone enjoy’s their Sunday!
GLTA buying shares..the ship will be sailing soon with limited seating... hope your lucky enough to get a ticket.
Yep .. your right, good answer.. Nice DD. Now for the bonus round... what other company has used the same strategy in their playbook from this year... the clue is...it’s one of the 2 companies involved on this board...you’ve done your homework so I’m not trying to insult your intelligence at all. Just giving investors of the new company food for thought.. All I’m saying is this new structured company has used similar ingredients from their cook books before. There is always a solution to dilution.
SELL AND GL getting your shares back...
Find me a Pink with less then 6 mil O/S (overestimated) because I will be all over it. In Pinkland 6 million O/S isn't bad at all. IMO Just take a look at other pinks in the weight class and you'll see! GLTA FLES
Yeah, they usually say an exact date.. and usually not 2 years later. Dealt with more then one company that had buybacks and a reverse split. This is as forward a statement as you can get. Why not up to 250,000,000 , 300,000,000? Because those numbers are too good to be true.. because that would scare people out of this completely. Guess we’ll get a chance to see if this can hold over a penny for a week?Nice move with the news though.
Love the words "up to"! little lesson.. not a solid number to stand on. "UP TO" could be 10 shares or 10,000,000 shares. Look for words to exactly specify. "Of" ..... example "buybackof 100,000,000 shares. Now it would have to happen....publicly lying would probably not go over well. Sneaky Sneaky. Let's see if we can bait anyone else in before it gets dumped again. " Just when you thought the settlement had the worst let-down in history" BS2... "the next let-down".. coming to an earnings real soon.
Numbers do make shareholders in limbo feel a little more grounded on their investment. Beats no numbers. Taking steps in the right direction.
It represents progress with a factual number. When numbers get filed eliminates one question at a time. It also means people are working on it. Don't know how it comes in play with 10K timing but a documented answer is good regardless.Transparency at some level. IMO People can at least start formulating moving forward on this companies valuation. A step in the right direction is a step in the right direction... but we"ll see?
Also agree... look at the chart over the last two months .... it’s violent! Not dropping and climbing but Stabbing up and stabbing down. Then flatline before report time... calm before a storm IMO
Keep that bid/ask in a positive direction and everyone will get what they want. If the stock is worth 4-5$ in many peoples opinions, and the volume is light, your still stealing shares at .50, 1.00, etc. Shares will open up and profit will be made for the averagers. Everybody is happy! Keeping this price down will not help anyone in the end.
Couldn’t agree more! Good luck to you!
Absolutely... only risk what your willing to lose. I was willing to lose $7,000 to make 6 figs. The extra was total BS and with no explanation other then “non-sense” or “ totally wrong” well....can’t really accept that as an explanation for the other $8,000 and an 80% gap down. Am I still sore? Yes.... but that’s the way it goes in stink land. Just got to find that diamond in the rough, which is just as rare in the OTC. Good luck to the retail investors still in the stock... hopefully my loss helps your gain!
So why did it??
Trusting the company or the CEO is on the person investing... not interested in changing anyone’s mind either way. The only thing I’ve seen is an 85% dump after a “Supposed” 200 million dollar lawsuit... which was a total bs institutional pump play. Not the companies fault. But then cower from an explanation for a month while he counts the money he just stole? Is that someone who should be in charge?? I keep hearing the company has revenues of 11 million. At the time of the dump it was valued at 10 million give or take. So the company is making supposedly 11 million and was at 10 million and now worth 3 million on paper... so the SP drops 80%? The business makes 11 million in revenue supposedly and the 2.5 million dollar lawsuit should not have made the stock nosedive, regardless of the disappointment, unless the perception is, the company is worth $500,000 before you add 2.5 million to equal a current valuation of 3 million even with the huge revenues.. Please explain this to me how everyone is long and the supposed 15% flippers made this drop 80%... where were these longs at to keep it somewhat stabilized, because 20-40% dive at max would be a a reasonable drop on a sell the news play. It would make the value of the company around 6 million... also reasonable to current metrics. But 80- 85%... there is no metric to explain that....Other then retail investors got scammed. Retail didn’t even have a chance because it gapped down overnight. Couldn’t exit if they wanted to. My concern moving forward is one day if and when this hits 20 cents... are investors going to continue to get corn holed again.. How can you trust or control that when it’s owned by 85% institutional? The rug was pulled because of a lawsuit not the company financials .. If the company is an excellent investment opportunity making 11 million in revenues...how does a lawsuit drop its value to where we are today? Company hasn’t changed... in fact it’s collecting 90,000 more a month, which was emphasized numerous times, and a 11 million dollar revenue and it hasn’t moved into penny land yet... Don’t worry....nobody else has an answer or reason either for the rug pull!??????? How can you trust a company that the value drops 80% with news of winning 2.5 million lawsuit? I’m open minded so if you can explain the reason we are where we are at, I’m all ears!
Here we go institution. First of all if this is total BS then why waste your time responding...it ludicrous... it’s up surd totally preposterous! Throw as many charts as needed for you to sleep! 10ths of a cent... huge moves! Didn’t see a penny in your little chart there... how about just the trading pattern even after all these huge big money party’s! Huge upward SP response! ??Must be overwhelming for everyone all the facts and communication the company is giving. Charts mean **** in this world of tariffs, public perception and emotion... especially at this level. Smh
He didn’t get paid for three years... plus moving forward he is getting paid. When was the last time you or any CEO supposedly worked 3 years straight without getting reimbursed some how??? My guess never. I’m not to pursue buying or selling. I am just trying to throw some food for thought before dropping a substantial amount. Facts and not opinions to help people not inside the circle of trust. Buy/ sell it.. I don’t care! What I do care about is cutting through the crap and helping the little guy since no one else can come up with solid facts. 90,000 a month, before taxes, after taxes, after paying everybody a salary? 7 figure parties broken down how? After the party is over or just the cost with commission? Who knows? Everybody can do what they want but I’ll be back when it can hold a measly penny due to 450 million shares on a fairly good 3.01 million valuation. If long is your only choice.... I hope everyone is around to see it. GLTA
750,000 a year for just the ceo/ 12 months = 62,500 a month... and that’s one of the few... lawyers/ accountants and employees working for free these days? $27,500 a month for everybody else on payroll... probably leaves you with more like $5,000 a month ( 60,000 a year total - bonuses) to throw at the company. Huge! LMAO
Ok.. looking back at my DD, I stand somewhat corrected...84.98% institutional which is even better for the retail investor.?? How many ratholes does it take to drop a stock 80%? Being a nice guy that he is... your telling me he has no friends on wall street and talks to absolutely no one? Yeah ok! With the criminal track record of all three stooges... 100% trust should be given to people who are convicted of fraud, especially in investing.Keep on smoking and pass that s***! When I see it hold above .01 for more then a week.. then I’ll STFU and believe this isn’t all bulls***. Go long and dumb in the meantime!
Yeah an inferior/ incompetence legacy is not happening here. But it will if not delivered! I believe in this company and him... Fles has real sales and real numbers.. solid stock in heavy consolidation mode at the moment. Par for the course...Just got to be patient.???? Fles will prevail! Fles #Gold
What are you tellin us? Lmao Since you seem to know?
That’s the funniest thing I heard all day...it still is the company who screwed retail investors by the tune of 75% and said it would be good for them. If your goal is to get Laken’s rich... then go ahead and buy a million shares just so it can dumped right after. This is an 84% insider owned company. 84% with an 83% drop when it was all said and done. A coincidence? Doubtful! Wander how the other 16% faired since this was “ great for shareholders.” What a joke! The Family gets rich while you keep feeding their bank account. This stock is a glorified wedding planner.. just because you have a million dollar event doesn’t mean squat. After paying venues, people involved, all material goods involved and of course the most important Laken family payout... thinking maybe $100,000 per million left for the company, max. Party’s aren’t free... and the lawsuit of 2.5 million is pretty much gonna pay his salary over the next 30 months. Does this sound like a solid investment with a reputable owner. Of course it is.. just ask the 84% who cashed out at the last moment. Good luck because the only pumps you’ll see are the ones the insider’s want you to see. Steal your money .... rinse and repeat. 40 years of Manipulation is definitely being applied here! This is 1 company of the 85% that are scams in OTC land.Put your money elsewhere unless you want to lose it. IMO
Yeah it’s trading in away that everybody is happy.. creeping up to the people with higher averages, stock tanked which gave what it gave... pissing off all the people with weak hands and holding bags. Bringing up plenty questions and little result for big fish. If the stock continues and news comes out... the ones looking for more shares will get there chance as this thing moves.. People are gonna sell if averages are exceeded and give more shares up as we climb. Probably the best move and a positive solution for everybody. MM’s, retail and management will all get what they want in there plan. Volume will pick up again bringing back actual trading and positivity so we can start making money again. IMO Fles Gold ready to run.
Couldn’t agree more.... whole bunch of consolidation at these levels. Battle 4shares 4 less!! ??
Wish there was some type of disclosure clause of some type to sort the retail investor, from the insider and institutional. Maybe one day. Here’s to eliminating the bullsh** and dirtbags from these boards and companies! FLES is still a golden egg.... just covered in BS investors and incompete leaders at the moment. It blows my mind how CEO’s are willing to risk their reputations and their good names for greed to have there legacy severely tarnished. Accounting firms play with numbers every day of their life and it takes them 3-4 weeks to add up pink sheets. Shows what the company thinks of investors. Here’s an idea....Stop playing extended games with your shareholders that believe in you and your company. I’d say for the current valuation everybody is getting a steal at these prices, INCLUDING them. Amazon paved the way for e-commerce... just put this stock in gear and follow the yellow brick road already! You know why SP isn’t moving much..the tree is completely shook of shorts and almost everybody that wants to be in, is settled in for the long hall, averaging down as the stupidity continues. Not the best plan to stall too much longer...considering most shareholders are at significant losses. Where do you think they are going to go until they recoup... NOWHERE! This he/said she/said is all irrelevant... numbers don’t lie... people do. “Dilution Dilution” is all I hear from these people. How does anyone know anything without any current released numbers anywhere? Not from 2018 or some unnamed friend telling everyone they know it’s dilution but can’t come up with a concrete number or the actual source to ever prove it. “Share count will be diluted to blah blah blah IMO” SP has tanked more then enough to satisfy profiteers at these levels... congratulations, I guess. Now you made it more affordable for the retail investor too.... I’m glad because my entry price for me sucked in comparison to current. But at these levels and lower, averaging it down with less money needed is making it go from suck to sweet in a hurry! Keep up the good work!
With the bid/ask as high as it is shows me we are closing in... EOW IMO if the June 4th accounting date holds water...
Yeah,me too!
The walls are up and price is set IMO... Feels like a 1/4 mile race...lining up to run...waiting on the light ( News ) whether we win or lose? We won’t know until it drops! Fles For the win!
Don’t be pissed... be patient.????Fles GLTA
Nice work and Thank you for your time. DD can be exhausting...