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Wednesday, September 05, 2018 3:31:16 PM
It is very difficult, if not impossible to get stock deposited until the company is fully reporting and audited, and that cannot happen before year end, then you have 3 months and 15 days to file your audited financials...April 15.
John has stated that all the Notes are in the hands of friends and family and no new paper has been deposited or cleared since he took over the dead shell. So there are 2 options that we are looking at: (Selling of a HUGE position of old paper.....or; Naked Shorting)
1. This is old paper that was literally worthless for years, and the shareholders got tired of waiting or are for some reason panicking for the last 4-6 weeks and dumping millions of shares every week, and have accelerated their selling on the bid the lower the price goes....(not likely as someone with tens of millions of shares to sell, would not be dumping on the bid when they are the only selling pressure we are seeing....they could easily have gotten double or triple their money if they just sold off the offer and allowed the price to slowly move up...their selling imo, is the number one reason for the panic (lack of buying) we have been seeing in the market....we went days where the stock would not even trade until the seller started hitting our bids and then just continually selling with the goal of driving the price down...)
Which leads to option #2
2. This is a trader or a Fund with a certain amount of clout and they are naked shorting the stock through an offshore account (broker knows they are good for whatever exposure they create) and then they will offer financing to the company for stock to cover their short position or think they can drive the company out of business by taking the share price so low, they can not raise money without reverse splitting the stock and crushing the market even further.
Solution: we have to find out with definitive proof that the notes that are out there are not in the hands of someone that would or could short the stock....we get proof of this, then the selling is not infinite, but will eventually stop and the price will be allowed to appreciate as the company starts to deliver on its promises.
I trust John, I think he is a very honorable person, just was not ready for the reality of how vicious the markets can be when you do not appear to have been accurate or conservative in your published statements.
I am still bidding and buying....I don't know of any other CEO's that have cancelled their stock and are building their company because they believe in their cause and they truly want to reach and help tens of thousands of people....
John has stated that all the Notes are in the hands of friends and family and no new paper has been deposited or cleared since he took over the dead shell. So there are 2 options that we are looking at: (Selling of a HUGE position of old paper.....or; Naked Shorting)
1. This is old paper that was literally worthless for years, and the shareholders got tired of waiting or are for some reason panicking for the last 4-6 weeks and dumping millions of shares every week, and have accelerated their selling on the bid the lower the price goes....(not likely as someone with tens of millions of shares to sell, would not be dumping on the bid when they are the only selling pressure we are seeing....they could easily have gotten double or triple their money if they just sold off the offer and allowed the price to slowly move up...their selling imo, is the number one reason for the panic (lack of buying) we have been seeing in the market....we went days where the stock would not even trade until the seller started hitting our bids and then just continually selling with the goal of driving the price down...)
Which leads to option #2
2. This is a trader or a Fund with a certain amount of clout and they are naked shorting the stock through an offshore account (broker knows they are good for whatever exposure they create) and then they will offer financing to the company for stock to cover their short position or think they can drive the company out of business by taking the share price so low, they can not raise money without reverse splitting the stock and crushing the market even further.
Solution: we have to find out with definitive proof that the notes that are out there are not in the hands of someone that would or could short the stock....we get proof of this, then the selling is not infinite, but will eventually stop and the price will be allowed to appreciate as the company starts to deliver on its promises.
I trust John, I think he is a very honorable person, just was not ready for the reality of how vicious the markets can be when you do not appear to have been accurate or conservative in your published statements.
I am still bidding and buying....I don't know of any other CEO's that have cancelled their stock and are building their company because they believe in their cause and they truly want to reach and help tens of thousands of people....
