I agree it has 95% chance of going up, while there is always a slight chance of something unexpected.
The new facebook post is very welcoming. Albeit it has continued to get delayed.
I believe what they are saying completely about the delays and their frustration. I know they are frustrated more than we even are, if we could imagine that is possible. One big difference, they are insiders and having talked to them on a regular basis, I believe them to be confident of their direction just as they have been saying (about how the market will eventually properly value the stock)
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A few thoughts for those willing to listen as we impatiently wait. As mentioned previously my family controls about 190 Mill shares at a relatively low average price and we haven't sold a single share.
- Merger with Telepoint - I see no possibility for this, but I see it being discussed on these boards quite a bit. Everyone is entitled to speculate especially when looking for reasons for the delayed filing, I get that. Personally I don't give a rats ass about Telepoint, but that's just me. Telepoint has been around for a long time and is successful in their own right, but the direction that XCLK is going is not in alignment.
- The company has said over and over how complex the filing is. Take a look through the last three years worth of loans to see what I mean. I know part of the delay was completely out of their hands due to the auditors having their own scheduling issues.
- share structure currently locked at 2.63 billion. If they had to issue more shares then I would expect it to be disclosed as a material event in an 8K as they said they would disclose material events (which they have not done - that doesn't mean that there are not sub-material events, i.e. half decent revenues - we'll see about that).
- Hillary fundraising - it's not ALL about Hillary EXCEPT that that project is the one that the company has discussed the most in their press releases and focused a lot of energy on and expecting revenue on. I hardly hear about Hillary these days with the posse of republicans duking it out and there being only one other democrat. As a likely shoe-in, raising $ for Hillary at this stage may be more challenging than anticipated, I dont know, and maybe we need more time before we get into the serious democrat vs. republican antics. Right now, Trump and company are providing their own serious side shows that the public is eating up.
- More importantly as I have mentioned, XCLK has more up their sleeves than Hillary - Hillary is just a harbinger of things to come. I look forward to their announcing news that will reward their loyal shareholders (put your name there if it fits).
- Spinoff of co-signer. Because the businesses are just so different, spinning off co-signer makes sense. I don't think they would issue a completely separate press release focusing on it if it were not a real potential, but I don't know more than that.
- Stock buyback - not sure how they will pull that off without enough revenues to cover it, but they did throw it out there meaning that IF they had the revenues they'd consider it, which in my mind implies a shareholder friendly company (I know I know, hard to believe right now).
But let me be the first to respond to this post within the post. It's a scam, we'll see .0001 before you know it, this thing is not real, its all a lie. Lies on top of lies.
OK, sorry, needed to get that out of my system!
Have a great rest of weekend everyone, it's been great so far!
