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rbtree

06/14/15 2:14 PM

#60898 RE: Stockman1010101 #60894

Noteholders will never be wiped out. If it were possible, it would actually be a good thing for longs. But it's not possible. For one thing, there are far more available shares than are needed for the noteholders to convert..even if the stock drops lower yet. Mind you, in a year or so, with possible new notes, they could run out of shares. But noteholders are owed a dollar amount, and a reverse split wouldn't affect any outstanding notes, I'm quite sure.

As far as your concerns, I agree with most of them.

Number 1 though...Abrams has received the compensation he came for and may or may not be offering advisory services still. If he is, there is no known compensation for him, so who knows. Why would he stick around? By now, he likely feels the same about the company as many of us.
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paper123

06/14/15 3:23 PM

#60904 RE: Stockman1010101 #60894

I'm not defending how badly a job the Glimmer Twins have done bringing this to market. But I try to invest doing my own Due Diligence and not let emotion from outside sources effect my decisions.

(a) First, the number of Pink Sheet companies that are transparent you can count on one hand.Most never answer questions from investors and few ever deliver a finished product. ( The last point is the most important )
(b) Joe is strictly a behind the scenes guy.Look up his background information to confirm.
(c) They have said all along that the video will come out with the device.
(d) It wouldn't make much since to have a world wide advertising campaign until they finalize world wide distribution channels.
(e)Do you really expect people like Microsoft to talk to a Pink Sheet investor about their interest. Now let's be serious.
(f) Hell, the only important promise is come out with a working product.
(g) I have worked with Chinese manufactures in a past life on a fortune 100 product roll out. We couldn't even pin them down on a hardcore date.

Finally, good luck to everyone who either sold or are holding. It's not personal,it's just the way things go in the wild west of pinks.
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MrPlow

06/15/15 12:35 PM

#60974 RE: Stockman1010101 #60894

My feelings exactly. If you haven't already bailed out. Try playing devils advocate with half of you shares and be a one tick flipper. Sure it's slow profits but at least it makes the bad times good.