I feel bad for selling as he has been taking my advice seriously and being very respectful. But they sure have no control. I would have held if they had not increases the AS to 5B. I am thinking they figured out this note thing is easy, who cares, let us continue doing this and issuing notes and hence increased the AS. Plus I don't think Jason is making this call. He is hands on tech.
This is what I wrote him this morning. They know how to build the Tech but they don't give a shit about pps
--------------------- 1) Would u mind updating when all the note conversions are done via a PR or a Tweet? 2) U can negotiate with the note holders and simply ask to stop conversion for 30-60 days. 3) Offer some incentives like warrants at say $0.20 depending on where do u see the company to be valid for a year. 4) While the note conversion is stopped give regular updates via news or Tweet. Tweet does the trick done properly. NO need to spend money. 5) Use little more strategy that I can detail here and the pps will go above a dime 6) That time it will require a lot less shares to convert the notes. 7) If possible limit the note conversion to 1-2 million shares per day 8) That will be icing on the cake 9) Keep signing contracts and new customers 10) Take venture debt not equity/notes 11) Silicon Valley Bank is your friend and many more banks out there 12) Push the pps past a $0.25 and do a RS and move to NASDAQ 13) I advise companies daily and get paid a lot ? 14) Don’t go this path of OTC traditional note conversion. That is for scam artists.
Fools argue to win, so stay away from them and still say Thank you. Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.
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