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I'm glad ppl are talking about facts here unlike on Ihub, But i know i see 850 mil on there site, what is the reason for that. The CEO said there will be no change in share structure. This is a blaten change in share structure. Correct me if im wrong. But i so what this to go to the next level. But until the share structure is explained and financials released its all just fluff.
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quote:Originally posted by beatheodds: I'm glad ppl are talking about facts here unlike on Ihub, But i know i see 850 mil on there site, what is the reason for that. The CEO said there will be no change in share structure. This is a blaten change in share structure. Correct me if im wrong. But i so what this to go to the next level. But until the share structure is explained and financials released its all just fluff.
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Also i suspect that there a good reason for the change of the structure but i doubt it because of a company error (A secartary made a typo...right)
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Transfer agents perform three main functions:
Issue and cancel certificates to reflect changes in ownership. For example, when a company declares a stock dividend or stock split, the transfer agent issues new shares. Transfer agents keep records of who owns a company’s stocks and bonds and how those stocks and bonds are held—whether by the owner in certificate form, by the company in book-entry form, or by the investor’s brokerage firm in street name. They also keep records of how many shares or bonds each investor owns.
Like I said, the TA keeps track of the shares. If the company requested 50 mil in cert form, it is entirely possible that some idiot working at whoever the TA is, misinterpreted what SLJB wanted and added 50 mil to the A/S.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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where do you see that its back. Why would you have to change share structure for that. Plue thats hurts the potential pps because they could have just brought it on the open market and then have thier shares certified.
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I ain't worried. I am a patient person and will see the results of my patients. Let the in secure go. I feel that the new contracts will be good and soon.
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I am also waiting for a while, i been in this since the lfwk days. And i must admit that this company have never lied about what they have been doing. This is the first time that something unexpected has happened but as they say "fool me once..."
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definitely seems fishy. now they are pushing back the audit date and mentioned nothing about anything else they have been working on.
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Its just you. I see nothing to worry about. The audited Fins are still do out this week as planned. People were buying this to get ready for the audit, not for some meaningless pr statement. A small delay occured, prabobly problems with his family, and everyone started freaking out. Tomarrow we head back to .20.
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also why did he just now take over if he was going to leave in 6 months. it doesnt make sense for a brand new ceo to anounce his retirement.
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also there was nothing in there that was time sensitive i dont understand what happened where he couldnt get it out on time. it seems like he could have written that whenever he wanted to. there was no reason for it to be late.
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I sold 3/4 of my position this morning...at .20 I will hold the rest until EOW...but gotta say...this "Company" is mighty funky...IMO..."You all will certainly be afforded every opportunity to concur...or not." WTF...a CEO writes that?
I wish you all luck...if nothing else this is a great swing play and flipper...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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Looks like we have until the end of the week. I love waiting, LOL. As long as the #'s are GOOD, I can care less about changing CEO's, 6 MONTHS down the road. It will be what happens from NOW until then that matters. GLTA
quote:Originally posted by HMSD2010: also why did he just now take over if he was going to leave in 6 months. it doesnt make sense for a brand new ceo to anounce his retirement.
Sounds like he wasn't exactly excited about having to take the job, maybe he was hoping the lawyer (what was his name?) could have cut the mustard as CEO. Re: the CEO fiasco