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That is also why I am giving this some more time before I sell . But with all those facts why would they be waiting so long to come out with any news or earnings it’s been 9 months since they came out with any news
And what will happen when the market cap reaches 0 because we are not that far off . Will that finally convince the company to come out with some news because it seems like if they had good or bad news they would have already posted the updates companies do not tend to withhold any good news especially at this price so that is somewhat frustrating. The value of the stock tends to be based off of the value of the company which can only increase with news and their updates figures . It seems as if every individual who received a response from the company only found out that they are or have moved to a different location which leaves the important questions unanswered
That’s exactly right what mithrandir said if it’s not dilution than what is the reason for this massive sell off and why would new investors purchase stock if their is no appeal . Which at this moment is the state of this company with no form of income so essentially they do what they can and purchase supplies rent promotions and more in the form of shares and to continuously hand out shares in the form of payment will continue to dilute the stock price . I mean I’ve done plenty of research and if you look at their quarterly statements it will show you their method of paying off their debt is by converting them into shares of the company which is frustrating
The only way this company can look appealing to investors is if they have pr in which the shareholders see any form of gains because it’s lost pretty much all of its value for years
So essentially you think the dilution will be done when the price reaches.0001 because at the moment it seems it is going down to that . Frustrating but I am keeping my position even though I am so far down that it seems it can’t go any lower I’ve invested 10000 dollars approximately and I have a feeling it’s all gone to waste but my hope is that they consider for once what is best for the investors .
I am trying to stay strong been with this stock since the beginning of September and every single purchase they make they repay in the form of giving out shares and that only dilutes the stock price and it seems they are leaving all of their debt to screw over the shareholders and it seems they actually pocket from any sales they make because for the past 4 years they have literally never posted any revenue which would hurt the shareholders so I am trying to think at all of the possibilities and how come they were able to inform people of moving to another facility but not say anything about what is in the works
Smaller bigger it honestly does not matter because its another lease and another expense . Why don’t they just try to stop spending when
They are not profiting
Y’all have got to consider the cons of moving into another facility and how they will be most likely diluting more to pay for the lease on the new place . Why couldn’t they at least inform the shareholders of that it’s a pretty big deal . And why do they need a bigger facility how come they can’t disclose what they are working on to justify a bigger facility . I mean they mentioned their termination of no longer filing their financials and reason behind that was to save money but Yet they find it okay to pay for a new facility and also include the moving costs . We are looking at another debt that will come out of diluting the stock price in order to pay for that . They mentioned in February how they still did not have a product that could bring in enough money to run operations . Shouldn’t they at least wait til they actually have a product that can give them an actual income
Their are many questions we want answered and the only way is if they decided to pick up the damn phone calls and respond to their emails . I mean for god sakes do they really think that putting up a new website will fix everything . How In the hell can they possibly attract any customers if they do not pick the phone up
Well apparently they do not answer any of the phone calls I make or reply to any emails I send them . They did however have time to make a new website and to make it more appealing which really baffles me how they seem to have time and resources for that but not to update shareholders on what is going on with the company . I would have imagined that their would be regulations in place to keep the shareholders updated and informed of the status of the business least of all having a form of responding to any questions but I guess I was wrong . There has to be guidelines to be able to be a publicly traded company I would imagine. It has been as well as you know almost 9 months since they have come out with any updates and all I can do is hope they start acting more professional. I am personally giving it 2 more months and if their are no updates or responses to either through email or the phone if nothing happens I am out .
Listen Simon I am not here to argue with you . I just like you have investments in this company and just like you I have and had high expectations for this company. I am still sure they have a partnership with dr Microgrid for their LEDs lights which could potentially bring in some good money
I was wondering did you happen to see that they have a website specifically for their LED lights products and that they actually have some partnerships with dr Microgrid and some other companies . Do you believe that this product will be the one that they can see a steady income from .
As far as people know they still do have the rights but nothing is certain since it’s been a while since they have posted any updates . Hopefully they will post some updates too . It would seem as if their LED lights is their most profitable product .
I agree with you it seems as if they are not responding by email or by phone even though one person got a response. It was from a post and this person is not reliable . They must understand without any communication there will not be any big investors . And it is just unprofessional not to respond to both .
Well since I was here and owned stock since beginning of February when there was a 360 percent pop and decided to stick with the stock because I feel it is worth a lot more and did have two separate partnerships this year but I feel as if they must understand that at times like these when public investors need to know how they are in the works or if not
Ha I like your sense of humor and your knowledge about trading . Let me ask why double down is it because you received a response from the email . It seems as if you are the only one receiving emails. Did you by any chance ask them why there is no one answering the phones . I am just like you a person who wants to make a profit in this company . But I have been less hopeful when I tried calling them twice this past week and no one answered the phones . That is something every company does no matter what is answer their phones .
Wait did no one tell you that they haven’t responded to emails and phone calls . Ha you do realize people rely on earnings and other updates to determine if they will invest in a company. How in the hell do you expect natural movement in the stock price if they are not updating the public on what their situation is . That is all I am asking you
Wow it took you 10 hours to come up with that . It seems as if you don’t have much luck if your talking about how 500000 shares of a stock that is below penny you must have really gone all out spending all your savings . I am sorry I didn’t realize how sensitive you are . And also you do realize that the only way this will have a natural movement is if they had quarterly earnings and since they seem to not to have any updates since February how in the hell do you expect this to naturally move up . And also it seems as if they don’t answer emails or phone calls which is unprofessional and not helpful . You do realize that . But
Actually buddy I added 1300 dollars more and what are you doing
And you said that it won’t go up if you just keep on buying well that’s what I did again today and it’s up 41 percent how do you explain that
People here must stop complaining about low volume and do something to fix it . I can’t be the only one who buys more and more to make a decent gain do people think momentum will come without any buys
That they have time to file doesn’t help the fact that the ceo can’t even take time to return emails is my issue . For god sakes it is really not so difficult and some said you spoke to him and that he said that he would be be posting the filing at any minute
Look at their website too it’s all been redone pretty sweet
I decided to try my hand and go all in and I was up 300 percent and decided this is far more valuable than 300 percent so I am holding because they have the demand and they have the innovation . States that will eventually pass laws to reduce the pollution and to be able sustain your engine running cleaner and longer