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Posted On: 11/18/2017 1:54:30 PM
Post# of 22940
10Qs due 4t days affer quarter end and 10K is 90 days after fiscal year ends. Everything else is BS designed to obfuscate. These guys have no intention of real debate as it is all about pumping SI/MRVBs and being able to flip TPAC to death once they liquidate preferreds. Bill went AWOL and blames "bashers" but yet there is NOTHING that has yet to produce results that has been promised, introduced, or touted (NAVAIR/Bearings, ExIM loan, acquisitons in SE Asia/underwritten by Korean banks, SLAs, EIAs, MRVBs, or e-transports).
The $1K shown on the last 10Q is a twisted joke and Bill never answered questions about where that revenue came from (was it MRVBs or other investments).
He did commit (again) that there would be revenues the last half of 2017 but we heard the same thing in 2016 and end of 2015. He committed to 10Q by EOW and unless he files today - he will have blown that as well. Cant expect and real revenues based on silence.
As far as the posters talking about buying back shares cheaper at 0.0001 vs 0.001 - that is pure nonsense. That ONLY is valid if the OS remains constant. The OS continues to balloon with the dilution so the buyback is meaningless(assuming it was the company buying back to retire shares to begin with). There are no filings showing any of this to be happening and there are no filings showing beneficial ownership/proxy by others. They cant debate/refute that because there is nothing.
So - shareholders are stuck waiting to see if Bill was anything but bluster and BS or if there was really anything behind the multiple plans. Unfortunately- history shows very little reason to suspect otherwise for shareholders. Maybe we will be surprised by 10Q results. I do not believe they will show much more than last Q. I believe it will be equally vague.
If Bill is legit - he should specifically and categorically address James CC Q&A on BTL SLA. There was NO ambiguity in his responses and answers on BTL SLA while addressing SH Qs.
The $1K shown on the last 10Q is a twisted joke and Bill never answered questions about where that revenue came from (was it MRVBs or other investments).
He did commit (again) that there would be revenues the last half of 2017 but we heard the same thing in 2016 and end of 2015. He committed to 10Q by EOW and unless he files today - he will have blown that as well. Cant expect and real revenues based on silence.
As far as the posters talking about buying back shares cheaper at 0.0001 vs 0.001 - that is pure nonsense. That ONLY is valid if the OS remains constant. The OS continues to balloon with the dilution so the buyback is meaningless(assuming it was the company buying back to retire shares to begin with). There are no filings showing any of this to be happening and there are no filings showing beneficial ownership/proxy by others. They cant debate/refute that because there is nothing.
So - shareholders are stuck waiting to see if Bill was anything but bluster and BS or if there was really anything behind the multiple plans. Unfortunately- history shows very little reason to suspect otherwise for shareholders. Maybe we will be surprised by 10Q results. I do not believe they will show much more than last Q. I believe it will be equally vague.
If Bill is legit - he should specifically and categorically address James CC Q&A on BTL SLA. There was NO ambiguity in his responses and answers on BTL SLA while addressing SH Qs.
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