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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » VMDG & VWKM SELL FOR PROFIT READ

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Author Topic: VMDG & VWKM SELL FOR PROFIT READ
Schwabie
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I just got all my money back + profit... guys if you sell this now you can get your money back... 10 million shares at .0001 = $1,000 /// 10,000 shares at ~ .20 = $2,000 I just sold for 100 % profit !

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Jo4321
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How'd you get 10,000 shares of VMDG?

When mine converted
2,500,000 shares * .0001 ($250)
became
250 shares * .20 ($50)

Are you saying I should've had 2,500 shares?

jo

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"Great Day for Up!"....Dr. Seuss

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Otttoman
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Nice try at math, but the RS was 10,000:1. Your 10 million shares became 1000 shares x 0.2 equals $200. You just lost $800 if you sold. PPS should be $1 per share to equal the value before the RS. Looks like another one thats going to slide into obscurity after a RS. Might as well hold on at this point unless you want a 90% loss, and that's if you bought at 0.0001 which many of us did not unfortunately.

Here's the link for the RS details:

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/26/2006&mkt_ctg=NON-OTCBB

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rkitch
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I don't know how your's split my friend. But I had 1.6 million and now have a 160 shares. 160x.20=$32.00. Minues the trade over costs for the new name change. I show myself in the hole $19.98. Just bought this scam on a little hopeful thinking, so didn't lose much to worry about.
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Schwabie
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NO, i just found out why... schwab messed up the split...

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Otttoman
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Good catch as well Jo. Schwabie's either delusional or just trying to act superior, because noone's selling after this RS for a profit so far.
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Otttoman
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Now if we could just sell our restricted shares at the current price, that would be a differnt story. Anyone know whats going to happen to the restricted shares and when they become available to trade. I assume that they are going to RS by 10,000:1 sometime soon as well.
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Jo4321
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quote:
noone's selling after this RS for a profit so far.


"So far?" [Big Grin] LOL! You've got a positive attitude!

The PPS would have to go up from its current .10 to $2.05 for me to just break even.

Jo

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"Great Day for Up!"....Dr. Seuss

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Otttoman
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It's too depressing to even calculate where I need to sell to break even, forget about making a profit.

Just trying to stay someone positive and not slam Schwabie too hard for his error.

Oh well, I guess all my eggs are in one basket with JMCP at this point, because this POS is DOA after the RS which is BS.

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Otttoman
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quote:
Originally posted by Schwabie:
NO, i just found out why... schwab messed up the split...

Would have been nice though. A chance to get out at even, maybe with a little profit even for most folks. Still can't belive that this POS dropped 90% so fast after the RS. It didn't even start at $1 whihc would have been even, and then drop, just started at 0.2 and dropped from there. Oh well, I'm used to watch most of my pennies fall back to 0.001 after I buy them.
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Otttoman
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Hey, it's back up to 0.12 from 0.10. Where's that darn ralley monkey when you need him, LOL.
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rkitch
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Ottoman, if you look back at the positive side of this, I hope you, like me, were flipping this scam when it was going everyday from .0001 to .0002. We can laugh at it now. When the first scam owner was putting out the P/R "no R/S". But of course, he just couldn't make this company work. In comes the new owner. I will make this wark with a R/S. Now let's sit back and watch the rhetoric again.
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Schwabie
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I am not dilusional... Schwab performed the split incorrectly at 1000:1 R/S when it should have been 10000:1 . I already called schwab they are working on the problem.

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Duncan Idaho
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quote:
Originally posted by Schwabie:
I am not dilusional... Schwab performed the split incorrectly at 1000:1 R/S when it should have been 10000:1 . I already called schwab they are working on the problem.

your shorting VMDG now.

you might get screwed.

SCHWAB will want their shares back.

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Schwabie
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Yes, I shorted it, schwab will be doing a BUST and getting the shares back at 1/2 the cost of what i sold them. I just made schwab $1000.. i get none of that money .. LOL . NOTE IF YOUR ACCOUNT IS WITH SCHWAB DO NOT TRADE YOUR SHARES OR YOU WILL BE SHORTING THEM . THEY ARE POSTED INCORRECTLY . THEY ARE FIXING IT NOW . Thank god I am out no money.

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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WWF
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The only way you can make my money back it to buy back when this thing hits .0001 again. At this rate it should be there by the end of the week.

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What the pennies giveth the pennies taketh away.

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DDA
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Could someone remove the smiley in front of the title of this thread ?

I see no reason for laughing as we got scrxxxed on this one.

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