News Focus
News Focus
icon url

Macod

06/01/17 8:10 PM

#10077 RE: tedpeele #10076

Sums it up pretty well ted. Nice post.
icon url

INSTATRADER

06/01/17 8:23 PM

#10078 RE: tedpeele #10076

Excellent post man.
icon url

khmerican

06/01/17 9:14 PM

#10079 RE: tedpeele #10076

Nice analysis Ted. Question for you or anyone that could follow up on my question here.

As of 02/28, if the difference between the outstanding of 209,175,119 and float of 84,832,488 is 124,342,631. 124,342,631 would be the restricted shares. Now looking at the latest Q:
(d) Silex: 129,090,000 common shares of the Company.
(h) David Malley: 11,000,000 shares of 144 restricted shares.
(x) Jerry Niblett: 15,000,000 shares of 144 restricted shares.
The total shares amount from the above 3 is 155,090,000.

Since the restricted shares count now is 124,342,631. 155,090,000 - 124,342,631 = 30,747,369. ASSUMING that the two individuals didn't sell anything, then the float may have increased from Silex shares selling into the market thus raising the float. Is my analysis and thoughts on the float correct here? Anyone care to shine in?
icon url

pantherj

06/01/17 10:31 PM

#10082 RE: tedpeele #10076

Whoa, whoa, whoa! Better analyze that bunch of conversions a little further. For instance, Equitas later converted more debt into shares at .00345 per share. Their over all conversion rate is .0125 per share. You forget, when a lender makes a loan, there are plenty of upfront costs. Typically, when a lender makes a CD loan the fees are 8% to 10% of the loan amount. So, in a loan of $330,000.00, the borrower will likely see only about $300,000.00. In reality, Equitas has a ton of shares at much lees than a .0125 average.

In addition, there were conversions of another 41,000,000 shares at .005!! What a sweetheart deal those are!!

While some people seem to think the fact that loans were converted into shares was a good thing; it is in fact a bad thing. A very, very bad thing. Because now, the loans are on the backs of shareholders. It is investors who are paying back the loans, not the company. Brewer and the insiders got the money, but shareholders are footing the bill. That's how pinkies work.

That's why the PPS is going down ... and will likely continue to go down.

icon url

pantherj

06/01/17 10:37 PM

#10085 RE: tedpeele #10076

BTW, there are a gazillion ways to get 144 stock off restriction in a heart beat ... and nobody would know about it accept the company and the TA. It is quite normal for a company to state "as of now XYZ has not sold a share." The next day XYZ starts unloading.

Never, ever trust a pinky CEO, his insider pals or a CD lender.
icon url

papadedavid

06/02/17 2:45 AM

#10098 RE: tedpeele #10076

RJD Green, Inc. Announces audit start date

TULSA, OK--(Marketwired - April 25, 2017) - RJD Green (OTC PINK: RJDG) announced Zwick & Banyai, PLLC has approved the audit engagement of RJD Green and set an audit initiation date.

RJD Green, Inc. announced the approved engagement by audit firm Zwick & Banyai, PLLC, and the firm has set a date of May 22, 2017 to initiate audits.

The firm expects to conclude the audits within a four to six week period post initiating the audit.

RJD Green upon completion of audits will file to move to OTC.QB fully reporting status.

About RJD Green, Inc.

The Company operates as a holding company with a focus of acquiring and managing assets and companies. RJD Green operates in three divisions: RJD Green Healthcare Services Division, which owns IoSoft Inc, a company that provides discrete payment technologies, services and software that can be integrated into targeted offerings for healthcare provider networks, hospitals, healthcare payers and individual providers: Earthlinc Environmental Services Division, which provides green environmental services and technologies; Silex Holdings Division, which is engaged in specialty construction and industrial manufacturing and fills a market niche between the Home Depots and local contractors. Silex offers installed granite/other counter tops, cabinets and related products to the residential builder, commercial contractor, remodel contractor and retail customer. Visit http://www.rjdgreen.com

For additional information contact, Ron Brewer, CEO at ronb@rjdgreen.com, or at (918) 551-7883, or Douglass Baker, OTC PR Group at corp@otcprgroup.com or at (561) 807-6350.

Forward-looking Statement:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Ron Brewer
CEO
ronb@rjdgreen.com
(918) 551-7883

Douglass Baker
OTC PR Group
corp@otcprgroup.com
(561) 807-6350