RE:RE:RE:RE:RE:RE:Darren Bondar; Something to ponder. Oh toohip, the clown with many faces. Always the bridesmaid, never the bride. I liked it better when you had some semblance of conviction and weren't so wishy-washy. You know, you've just entierly lost your credibility and admitted to the fact you day trade this, for what, a 4% swing everyday? Look out everyone, its the big money man. Moving forward anything you say hence forth can be taken with a grain of sand and considered to be absolute (and frankly just bad) attempts to convince yourself you're doing somthing as you roll the dice on 4%. You're not an investor, your a gambler in a delusional state. You suggest I 'Pop out of nowhere' when literally theres 4 people who do 90% of the writing on this board. Dont pretend like we didnt share some magical times together. Dont you dare pretend what we had wasnt real. Between Jesse, Cujo, You and I theres maybe a handfull of posters like StSeb who show up once in awhile to chirp you. But sure... I 'poped out of nowhere'. Then you suggest that I have a short 'posision' ready to be called. (Dont worry pal, I can finnish your sentences for you no matter how broken your engrish is). So lets take a look at that;
Short total trades in a 15 day period are on average 150k shares. SO lets assume that ALL that volume is me. 150,000 X 0.005 = $750. You think I would go through the trouble of doing a 20min dive into the IPO long prospectus, to save a potential $750? You know, assuming any if not ALL the short volume is me. Nice try buckaroo. Unless someone is paying the 15%, and closing their short positions daily, aint no-one making any money here save a few nickles and dimes. Not to mention the swing variance is a cent, 0.005 up, 0.005 down, so you literally would make the same measly ammount of money going long or swing trading like you and the big dogs.
But while we're at, lets take a look at some of the other brilliant quotes you've made over the last little while shall we?
April 27, 2020 - 'The 5 dragongs will own 51% off this. But don't mind me"
Deep. But it kind of conflates with the post you made on April 08, 2020, and again April 08, 2020,
April 21, 2020 - "I predict drops to. 007 tommorow"
How inspirational.
April 08, 2020 - "you know I'm right. Ceo paid one of these clowns 50k for advise. Stock hasn't moved in 1 year that has 47 stores. I smell a scam here"
April 08, 2020 - "we have a winner here. Looks like that dragon den clown didn't work lol'
March 10, 2020 - "yesterday they dumped $600 k work kinda strange when tus news it. Hmmm may be ceo dumoed liked his side kick CFO last year"
Man you just take guesses at everything dont you?
March 09, 2020 - "akcor dumped shares. Look at the acumilation chart. This is a scam stock"
You're a guessing machine budday!! Just a throwin poop at the wall, maybe it'll stick?
March 09, 2020 - "6 mil and doesn't budge Scam stock now that's proof right thefe"
Man, have you ever completed a post that wasnt typed like a one handed 14 year old just discovering the dark corners of the internet for the first time? S-P-E-L-L it out slowly, you'll get there.
December 30, 2019 - "1000k shares. 005 difference. Do the math"
Oh heres a good one. Goodie, we're doing the hypothetical toohip daytrading math... So assuming by 1000k you mean 1 million (I hope I'm not over stepping my bounds by reducing your random numbers into normal ones, or was it also a typo that was supposed to read 100k? We're you too exited again?) 1 million (which with the liquidity here would take 12+ days to reach, even under the assumption that ALL the volume was you)
but 1 million x 0.005 = $5000. And thats being gracious, considering if we didnt have those 6m volume days on the ATS leading to no change in shareprice, the average volume here the past six months is sub 100k. So you're million shares (assuming all the volume was you again) would take you more like 15 days for a maximum return of 5k. Whats more realistic is you're losing money on the trades and commission, or at the very best making a hundred bucks here or there... Mr bigshot.
November 21, 2019 - "they can't pay the interest. They will go bankrupt'
Deep
November 18, 2019 - "as stated by another post. The CFO holds 5 other positions and never sold 1 stock off those.. This ain't a stock tax claim. He can't sell those Warren's even if he wanted to... DAREN Ceo is next to sell. He better hurry we r heading to no bid soon."
Well that ones a little more realistic. Low bids. CFO only selling one of his positions being this one.
November 08, 2019 - "the stock price on that news didn't budge. Scam"
Ah, back to the ol squeaky wheel scam posts. I miss these days.
November 06, 2019 - "this stock is a scam 500k volume stock didn't budge Scam STOCK"
The air was so crisp, the snowbirds a chirpin'. Remember when we didnt know what the alternative trading system (ATS) was? And how blocks can be traded without affecting the price. Good ol' scammedy scam.
October 10, 2019 - "I'm stuck at. 25 don't sell take time to go back up.. I have sell at $3.50"
Oh, 25 cent average you say?
September 17, 2019 - "the only one that is shorting the stock is the CEO... like 6 months ago selling hisss own sharess at .25 200k worth he killed this stock kind makes you think whoe many brain cells he has in thinking know one will fins out ..BTW no retail will short .015 to .000 to make 15 cliks but the CEO"
No retail will short that? But... But... Didnt you say I was shorting it and looking to close my position? Gee willikers batman.
August 21, 2019 - "i at. 19. Looool good luck with it"
You're at .19? Didnt you say a few days later you we're at .25? What the heck man? You buying the highs? Really messing you're average up. Guess you daytraders get scared and buy the FOMO sometimes too? LOL
Oh toohip. As much as you try and project, you sir, are the true clown. Maybe oneday you'll hit that swing trade jackpot. Until then, maybe try and keep to yourself, clearly your tactics are not working for you. Like I said, id prefer you switched back to you're other profile, or eat a snickers or something, you're always crabby when you're hungry. Crabby and shameless.
And Jess, dont pretend like you have some sort of "respect for me". After deleting my posts because you're scared of bad optics, when really an investors group should address the good and bad, so we may all get a better understanding of our retail investments. Then threatening to boot me for a second time because of it. Thats harsh man. All I wanted to do was bounce some of my concerns off other investors to try and get a better understanding, even console my worries and put them at ease. Yet you made me feel like some sort of monster for being worried about my hard earned investment dollars. I get that you didnt 'ask' for that responsibility and just wanted to start an investors group, but you certainly dont have to moderate it to the point where you're censoring relevant speech like its North Korea. (Also, to interupt this storybook, you guys think Kim Jong is really dead or no?)
Yes i've had valuable posts over the years, yes we've both been here since IPO. Yes at times I speak negatively about the company. Thats part of taking emotions out of investing and actually trying to pay attention to the signs and red flags if and when they do appear. I've blown up my account by trusting companies that have done nothing but burn me and look out for themselves. Its clear to me that you havnt lost tens of thousands of dollars when a company goes bankrupt and watched you're savings disapear into thin air when the directors of said company walk away with hundreds of thousands of dollars in salary and bonuses. Meanwhile all the people you thought we're shorters and bashers we're right and you're sitting there wishing you would have paid them a little mind and not been so foolish as to trust the people directly benefitting from your money. But dont worry, you're young like myself and I'm sure there will be plenty of time in you're investing career to become a little more hardened and jaded about the realities of penny stocks.
That said, I still think its imperative we discuss the optics of the ethics behind our CEO. YES we've discussed the buying of WATCH IT! and what it has meant for the company. What we have not discussed was that it was entierly avoidable, and had Darren taken the advice of everyone else on May 15th 2017, they could have let the company actually apply for the proposal under the BIA and under recievership could have picked everything up for 1/10th of the price. You know... Actually look out for the shareholders of his new CO. But you know what that would have meant right?? Being that he was not a secured lender, he would not have recovered his 600k investment in the failing company. Hey! You know what us retail guys cant do? Take someone elses money to recover our bad investment decisions. Guess its okay though if I give you a nice song and dance and lead you to believe its imperative to the new CO that we have knowledge and retail connections for our new business, as if these things werent intangible and only as valuable as the people that hold this knowledge in their heads that we're going to hire anyway... But that isnt bad optics right? If I tell you aside from the knowledge, it will help us with near term cashflow while we set up our retail footprint? Meanwhile WATCH IT! has NEVER been cashflow positive, so all its done is siphon money Inner Spirit had to develop itself. But hey, WATCH IT! was necessary. Because we needed, uhh... uhh.. the marketing knowledge... As if we dont already take 1% off the top of franchisee's revenue for that, and as if it isnt another intangible that would follow whatever mind you hired from the former company... No, we should pay 27 million shares for all this valuable data. Thats what we should do... I promise you, it has nothing to do with only paying off one creditor (Darren) and converting the rest of his and the companies other creditors newly issued debt shares into new PubCo shares of Inner Spirit. Its imperative for a cannabis retail outlet to have the valuable data provided by a watch sales and repair company, otherwise, how will they survive??
Hey, while we're at it... Why dont we lease Darrens commercial building in Calgary to the company? Thats not a conflict of interest at all. But alas, the company will have to disclose that in their financials. So for my next trick, we're going to look at fair market value for leases in that district, and see if the CEO gave us a deal on the rental or if he's conveniantly double dipping.
So when you say, it was needed to provide valuable infrastructure to Inner Spirit, what exactly did you mean? Because it certainly isnt logistics, theres nothing in the world of shipping watches that would be beneficial to the highly regulated supply chain of moving cannabis. So it cant be that. Maybe the framework for franchise ownership? I mean, you'll need lawyers to draft new agreements up, and have to pay the CFA fee's under a new company anyway, so not any real value in 'buying' that? So what exactly did we pay for when buying WATCH IT! and its debt and liabilities?
Just for giggles, you should check out the Wayland and Ianthus boards... Guess who investors are most mad at? The admins that silenced all the whistleblowers in the facebook groups... Ironically even more so then the directors and senior directors that did the deeds in the first place.
Hoping for everyones sake (including myself) that it never comes to that, but supposing it ever did, and we ran out of money and couldnt pay the debenture holders, and it triggered a default event, which inevitably led to our forced creditor protection and restructuring, I would hope we can now all say we were informed about who we have in our corner, and what they'll do to save their own investments vs. that of the retail shareholders.
Also, what do you guys think the real reason for delaying our financials is? Cause it sure seems like 95% of the other companies out there we're able to have the auditors sign off under the same coronavirus environment that we find ourselves in. Odd.
Stay tuned for the fair market analysis of our lease charges.