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Yup , there doesn't seem to be to many sharp knifes in the drawer here. lol
"said the commons were non-voting. Is that even possible?"
I'm pretty sure he is implying that with the Series AA Preferred shares holding 80% of the voting power , no matter how many commons have or will be issued , then that would in a since mean the commons had no vote.
Which is exactly the reality of the situation. imo
Here is a link/download to all of IFLM SOS filings:
https://t.co/GcsC5QnZgq?amp=1
Also link to SEC filings:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001425883&owner=include
The filings show that there many classes of preferred shares:
Class A
Class AA
Class B
Class F
Looking good! Almost 4mil on 17&18
I agree , just a few more scared shares & up we go.
Even a QB shell is worth more than twice the current Market Cap.
GLTY
@ .0014 the Market Cap is only $113k
WoW! Mitchell Patrick Thomas received:
Series A Preferred Stock 375,898,797
https://ih.advfn.com/stock-market/USOTC/timefirevr-inc-TFVR/stock-news/80131245/initial-statement-of-beneficial-ownership-3
4. Conversion of Series A Preferred Stock. All shares of Series A Preferred Stock shall be convertible to Common Stock as follows:
a. Mandatory Conversion. Immediately upon the market effective date of a reverse split of the Company’s common stock, all then issued and outstanding shares of Series A Preferred Stock shall be automatically converted into shares of Common Stock at a conversion rate of ten thousand (10,000) shares of Common Stock (the “Conversion Rate”) for every one (1) share of Series A Preferred Stock held.
https://www.sec.gov/Archives/edgar/data/748268/000155479519000143/tfvr0515form8kexh3_2.htm
Dilution could be over! Time to run!
Up 17% , I'll take it!
Be patient , she'll fly soon! imo
GLTY
You just showed your cards!
No one in their right mind would short a stock @ 147k market cap with only 81mil O/S.
Plus any brokerages that even would let you short a stock like this would charge you a small fortune to do so.
Your just spewing BS , imo
Market Cap only $147k for a QB shell , that's cheap!
Easy double soon! imo
81,786,606 × 0.0018
= $147,215.
Looks like your chart Broke!
Hmmmm , looks like you've been wanting cheapies since last Thursday.
Your quote:
"crashing back to .0001 everyone is selling"
And now your going to have to pay .0006 at least!
Still not to late to hop on though, plenty of MOMO building around this ticker.
GLTY
IFLM never actually traded @ $23.00 there was a R/S in July 2015 of 1 for 2500
The chart shows that on October 1st 2011 it traded @ $2,600 per share but split adjusted pps would be $1.04
$2,600 ÷ 2,500 = $1.04
That's even better news! Thanks
I was worried that Jake might be living too large and might be low on liquid funds but to have no overhead should lighten the cash flow considerably.
To make fun of a 21 year old who has accomplished so much in such a short time is just disgraceful!!
He definitely has the money to live the high life!
Let's see how much more dough he puts in IFLM ?
A few 100k should be enough $$ to buy the AA's .
We'll see soon!
In the mean time the market will speculate a much higher pps.
GLTY
WoW! Presplit price @ .00008
A lot of red investors in MMEX
Will Jack pull a rabbit out of his hat?
If so , we'll call him the Jackrabbit!
If not , we'll call him the Jackass!
Thanks .
That's not much 140k , their definitely hurting for cash then.
I guess the initial crowd fund raising was what I was thinking of.
Do you have info./link to how much $$ the original investors put in ?
I agree , not as toxic as most!
Let's hope they can keep from tripping one of the 30 stipulations in the agreement , or it triggers a lower conversion price if the stock takes a dip.
20% discount to the lowest pps 10 trading days prior .
I guess raising the A/S to 5 Billion is better than a R/S .
Agreement:
https://www.sec.gov/Archives/edgar/data/1530163/000121390019010333/f8k060519ex10-1_darkstar.htm
More details:
https://www.sec.gov/Archives/edgar/data/1530163/000121390019010333/f8k060519ex10-2_darkstar.htm
I bet the original Samsara investors aren't so happy about them selling shares for .003 , they paid .0043 ($2.00 pre merger)
Great post! Jake a multimillionaire @ 17
Let's hope he tells his yo yo bro's to slap da Ask!!
GLTY
Samsara shareholders will receive 2,589,400,000 shares of DAVC once the merger is complete.
At today's pps of .0065 =
2,589,400,000 × 0.0065 = $16,831,100.00
From the 8K
5.5 Samsara Capitalization. As of the date of this Agreement, Samsara is authorized to issue Ten Million shares of Samsara Common Stock, $0.0001 par value per share, of which 5,653,536 shares of Samsara Common Stock are issued and outstanding,
So...
2,589,400,000 ÷ 5,653,536 = 458 shares of DAVC for every 1 share of original Samsara stock.
At today's pps that's...
458 × 0.0065 = $2.97 per share
Original Samsara stock was sold for $2.00 per share , so their up nearly 50% ROI
As long as the pps stays above .0043 they will be "Green" , but now that they are taking out toxic notes with Asher even before the merger is complete , that might make them go red?
Will IFLM be the Summer runner that all traders look for?
It has the Mystery ingredients that it takes to drive wild speculation!!
1) dead shell @ .0001
2)Jake (millionaire) buying up 100's of millions of shares & even filing form 4's to prove it.
3)Jake posts on his own company Twitter feed that he wants to take control of the shell & become the CEO.
4)Jake has 2 private companies that could be R/M'ed into IFLM.
5)Jake has the $$$$ to buy out Preferred Shares
6)Jake is rich young & ambitious enough to pull it off.
7)Jake has high class legal representation.
8)More to come
Post of the day!!
Ride the speculation to da moon ,
Take your initial investment back asap ,
Ride freebies .
GLTY
It's pretty obvious that Jake can/will gain control of this shell with just a stroke of a pen & a few 100k he can have those AA's.
Besides, he needs a shell to R/M his private company into.
Good luck & I hope you come to your senses soon , you've already missed the .0003's & by the time you figure it all out we're going to be out of the trips & on to the .002's.
MOMO's building! Get ready!
I'll bet Jake puts out another form 4 showing he's buying 3's & 4's
Don't sell cheap! These shares are going to be worth @ least .005
(((((((KaaaBooooom)))))))
Same here!
It's all a scrap shoot though , but I like the odds here with only 81 mil O/S
GLTY
Definitely an over reaction to the A/S increase.
I snagged some .0024's
I'll double down if it goes lower.
GLTY
I doubt he's cashing in on the .0002's he just acquired. Seems to have something else up his sleeve. imo
This guys reputation is at stake.
Why would he do that for $40,000 - $50,000
The guys got millions!
GLTY
Current Market Cap is $204k!!
81,786,606 × 0.0025 = $204,466
An empty QB Shell is worth 2x's that.
At some point she will correct!
How Low she goes is anyone's guess though.
Good luck to you
Did you call the transfer agent?
The last update on OTC was
60,103,023 on 05/17/2019
Everyone is so focused on the authorized shares when in fact the tradable float is only a little more than 50 million.
I'll take my chances at 35
60,103,023. Outstanding as of 05/17/2019
https://www.otcmarkets.com/stock/PVDG/security
Restricted is 8,968,228
So the float is only 51,134,795
Market Cap @ 234k
I like the fact that they listed the press release on their own website.
http://www.stemcellsgroup.com/lans-holdings-enters-into-binding-loi-to-acquire-global-stem-cells-group/
Once dilution stops , KaaBoooom
$LAHO$
Only 540,086,871 in the float , so she moves quick !
Less than 2 weeks ago it ran to .0024 , we'll see what happens this time??
If the company puts out a PR announcing that dilution is over , then KaaBoooom!!
GLTY