Thursday, March 27, 2014 2:30:23 AM
Ramspace and Penemy, yes there were over a billion on the bid at .0001 most of the day. At one time I saw as many as 1,040,000,000. And the funny part is that if there were a billion shares dumped at .0001, I'm guessing there would be another 500 million plus ready to soak up any shares offered at .0001.
I continue to be amazed that the shares in Cetek, which appears to be one of the most remarkable success stories I've ever seen in a trip zero stock, can continue to be scooped up at .0002, although on a couple of purchases I made Wednesday at .0002, it did take a while to fill. As I've said many times, some very powerful shareholders are being created by being able to buy shares in the company for essentially nothing. This is not to encourage anyone to buy some disproportionate number of shares in this or any company, because I suppose it could stay here long enough to really frustrate some people, but I consider this the most amazing undervaluation I've ever seen.
If we didn't have the internet with all this publically available information, I'd never say that, given Hilal's silence. But he really isn't being silent anymore..the website is LOADED with information for investors. And he's hiring 6 new people, he's got 45 employees with what has to be a multi-million dollar payroll and benefits, there have been no RegDs in seven years, and his share structure is probably a lot less than the 6.1 billion fully diluted shares.
Oh, by the way Ramspace. I saw your posts today about the Hilal preferred shares. Is it your understanding that as things now stand, that Hilal only has 5 Billion voting shares? That's very important because I would assume that he would NEVER let the outstanding shares, which are voting shares, exceed his 5 billion voting shares. Wouldn't that be kind of risky as far as having control of the company, especially given the angry shareholders? What do you think?
I continue to be amazed that the shares in Cetek, which appears to be one of the most remarkable success stories I've ever seen in a trip zero stock, can continue to be scooped up at .0002, although on a couple of purchases I made Wednesday at .0002, it did take a while to fill. As I've said many times, some very powerful shareholders are being created by being able to buy shares in the company for essentially nothing. This is not to encourage anyone to buy some disproportionate number of shares in this or any company, because I suppose it could stay here long enough to really frustrate some people, but I consider this the most amazing undervaluation I've ever seen.
If we didn't have the internet with all this publically available information, I'd never say that, given Hilal's silence. But he really isn't being silent anymore..the website is LOADED with information for investors. And he's hiring 6 new people, he's got 45 employees with what has to be a multi-million dollar payroll and benefits, there have been no RegDs in seven years, and his share structure is probably a lot less than the 6.1 billion fully diluted shares.
Oh, by the way Ramspace. I saw your posts today about the Hilal preferred shares. Is it your understanding that as things now stand, that Hilal only has 5 Billion voting shares? That's very important because I would assume that he would NEVER let the outstanding shares, which are voting shares, exceed his 5 billion voting shares. Wouldn't that be kind of risky as far as having control of the company, especially given the angry shareholders? What do you think?
