The Question and Answer Board

[shajandr]

So why was this post deleted and despite review by Admin remains deleted? It was responding to a post on the DCLT board that claimed the investment thesis to buy DCLT was because it allegedly has a low float. This post responds directly to that claim and uses a very brief in-context example (HIPH) of a stock with a much lower float that is going nowhere but down, disproving the idea that a low float stock is by definition a good investment. I am assuming the sole reason for the deletion was a mention of another stock, but this is done in many other posts (including many restored by Admins!) and is used to illustrate by example a much larger point about the stock at issue on the board. Please explain why the post below does not conform to TOU:

A "low floater" is nott an investment thesis. If one is looking for stocks with much lower floats, there are plenty of pennyscams available - HIPH is one - less than 16 million shares are even outstanding - there are many more. They are crappy companies with lower floats than DCLT. So if the only reason to buy a stock is a low float, why nott buy those other crappy companies? DCLT's business is deteriorating. The balance sheets and losses get WORSE every quarter-over-quarter. DCLT has no new products nor means to acquire any.

A low float does nott mean anything when the underlying company is garbage or like DCLT is losing money at an increasing rate while their balance sheet deteriorates and revenues and A/R fall quarter over quarter.

And furthermore, a pennystock like DCLT is not a "low floater" - it has MATURED convertible notes that, when converted, IMMEDIATELY go into the float and are sellable into the market. Aged debt that is over 6 months old for an SEC reporting company and over 12 months old for a stinky pinky like DCLT are immediately delegendable under the Rule 144 exemption and trade immediately upon issuance.

That means that the FLOAT can increase at any moment when the 0.0001 convertible noteholders (which have 410,000,000 shares yet to convert - all of which are based on debt older than 12 months) convert (as they do in dribs and drabs - at least 89,000,000 shares of the original 500,000,000 share convertible note have already been converted).

PLUS the floorless convertible debt note(s) and the floorless convertible Series A preferred shares are also over 12 months old and immediately enter the float when converted.

So in no way is this a "low float" pennystock, as the float has an immediate overhang of at least half a BILLION shares or more.

Again, a low float (even if it existed in DCLT, is nott an investment thesis.

As I've stated, there are many more pennystocks with much, much lower floats and they are also crappy investments and are going nowhere butt DOWN.

Deteriorating quarterlies, no new products, and a huge overhang of aged convertible debt (both floorless and 0.0001) - that's DCLT.

Also, why was THIS post deleted and reviewed by Admin and remains deleted, yet when as Mod I've deleted the exact same post verbatim from a poser who repeats i constantly and it gets restored by Mods? The contexts are the same and even the board is the same.

Really? LOL!

This one (identical!) was restored by the Admin on the same board: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115675742