RE:RE:RE:RE:RE:RE:RE:Interesting BiOps,
Clearly, you are a true believer here! You are outright saying the R/S wasn't a bilking. If you had 150 shares of it at $1, at the end of that 1:15, you are now looking at 10 shares at a $15 entry. With the 150 share you had the opportunity to make $150 for every $1 move. After it, a $1 move on your 10 shares makes you $10. So GTFOH with that BS on misleading. Do the math! Shareholder position got purged & decimated. Anyone on this for over a year plus, truly got the no vaseline treatment.
As for Bay Street, first off I'm not in the Norf. And yes I knew quite a few people who got bilked by the word on that tip as to what was ahead with MLLLF/GAME. Word spread pretty far! Some in the Norf are needing this now to move 1x-2x just to get even. Remember, your $1 entry is now $15 & this stock is sitting at $5. Anyway, just hang in there let the bloodletting run its course & hopefully it comes out healthier in the end. Clearly, this stock has been a terrible investment, whichever way people ended up in it. Smart money took the L and kept it moving. when you see $h*t on the ground try to walk around it! bigops wrote: More precisely the merged entity was Frankly/Torque/Winview. You mention the 1 for 15 consolidation that happened -- no one was bilked out of anything...everyone simply received 1 share valued at the equivalent of 15 of their existing shares -- kind of purposefully misleading it seems the way you write about the consolidation. If you load up a chart of this stock from a year ago - you can see that the market has essentially halved the market cap of this company...that is true, what is not true is that the company did this on purpose or with intent...that's just plain ridiculous.
From what you say it sounds like you were one of those people who thought you had the inside track to more information and loaded up when your buddies on bay street sold you a bill of goods -- i guess when you lie down with dogs you get up with fleas -- so much for the drivel they must have fed you.
As for the shady business practices -- anyone who has been around this entire saga knows that it emanates from Torque. The new Engine has purged those players and cleaned up shop -- this is a NEW company -- characterizing it as same old same old is completely misleading and false - again, likely on purpose. As you should know -- the AIS arbitration is a hangover from the Torque team - no surprise they are part of this absurdity.
As for needing capital to pursue the patent portfolio lawsuit -- again, you state completely false information. All you or anyone has to do is look at the financials and see that the company is not spending its cash on this effort....clearly a deal (most likely a contingency deal) has been struck with the pre-eminemt law firm running with this case.
And your comments about stale warrants at $15....who really cares - completely not material to the operation of the business.
Bottom line - sounds like you either lost your shirt investing on pseudo inside information that your buds on bay stree fed you and now you are bitter...or you work(ed) with Torque and are bitter that your schemes didn't all work....
As far as time horizon goes -- once you are done with your crystal ball I'd love a chance to look at it to -- sounds super accurate and based in sound analysis
glta