RE:RE:RE:Be sure you take advantage of any increase in the sp
Jose the price is way too low as it is. Do you think people are not now thinking twice about things over here after I talked with Julian and he confirmed to me that Daymak has received Ionix batteries which he stated is in fact powering the few three wheelers that are existing and that they in fact do work. Now you keep denying this and claim everyone to be lying as do others who want to call everyone and everything a scam and fraud because what there is 0 product and revenue out yet for very good reasons called global market weakness impacted first by covid along due to that growing inflation made all the worse by the Russian Invasion of of Ukraine. People doubted slammed and tar and feathered both Bryson and Abante for being liars and conman based on allegedly unsuccessful mining ventures and have by those associative ventures through extension defined the same way for this venture which really by the looks of it is starting and likely to grow? As I said people now must be thinking what is the truth is it possible that we will end up being wrong about all the bs claim people like you not those who have stated there is product in existence and being looked to be delivered to the markets are claiming, but again rather the bs that you and others are perpetuating will more than likely end up false where this reality runs through people's minds including your own making it actually tougher for one to keep justifying a price any lower than this has been brought to! The only place Jose is overwhelmingly up now. The price here has way overcorrected down as clearly it was pushed way too far up which if I remember you were part of that hype and along the way you were also part of that bash as you are now which is not cool at all. I don't care about your guys dude BUT know this the reality is beginning to dawn on people and that reality is called the truth which has been confirmed to me and why I wanted as I stressed talk to someone and Daymak who could verify if the batteries first and foremost were being delivered and the answer as I posted in the past is yes. I further was interested are they in the three wheelers and if so are there vehicles that already exist that are working both yes. My next question was the likelihood of them coming to market on time next year I was told extremely likely and this from Daymaks CEO who isn't known to give high probabilities if that is not the case BUT having said that yes the global issues I was told is making everything challenging yet despite that product flow through is happening these challenges also include the lock down in China which Julian mentioned to me and as stated the biggest impact is on shipping costs that will as to what I was told affect the price of potentially shipping the vehicles from Ontario where they will be manufactured to anywhere outside the province or quite possibly a certain radius as to where they will be available other than that the price is the price is the price not all the bs you and others who were peddling were stating. The funny and ironic thing is that everyone who was falsely calling the people in the company fraudsters are actually looking more and more like it themselves despite perhaps their best intentions BUT folks that is why you shut your damn mouths unless you are 100 percent sure of the facts and stop defaming and slandering people because you may well be wrong. It has been established that Ionix batteries exist and are powering vehicles which are fully functional that much has been verified to me by Julian. I have said why would a company who has been in business for what 20 30 years lie? If they do don't you brilliant people over here think that that would destroy their reputation and business? These are facts and unless it can be shown to me that Julian is lying I accept on his word that as the truth whether or not I see with my own eyes physically standing at the unveiling that the cars exist and work. I don't care about people who don't want to trust and want to keep peddling that perspective because one way or the other people will have no choice but to believe. Now despite that how much production happens is another story altogether AND the reason despite Markcs hating on what I was getting at as hypothetical I stated. I don't know what the production run will be nit because I don't trust things will be out but how is all this slow down going to impact the production capacity. There are supposed to be 1000 charging wall for instance and I said even if that is 10 percent 100 that is quite the accomplishment. I did not say 1000 because I think a full run may be hampered but again I don't know. Nevertheless despite slow downs etc I don't think expecting 10 percent of full capacity in a super weak world economy is too onerous and why I said and say this. Folks this has absolutely nothing to do with anything other than accepting the supply chain issue playing a large factor until the world is finally able to catch up. Markcs that is all this was and not that I who still have some shares would like to see not at all. I would love to see 100 percent capacity but that is ridiculous for anyone to expect during these times and people in the market need to be reasonable and adjust for these things. One can't expect global production due to lock downs etc to be the same prior to covid that is just stupid and laughable. That is why I went to lengths to talk about Hollywood films that prior to covid were making between 500 million to 1 billion were making half or less when restrictions were in place and fewer people were going to watch films relative to restrictions and people electing to stay safe by not going out as much. Nevertheless as those restrictions were lifted and people who otherwise were itching to go out have returned to theaters movies have progressively made more monies due to viewing. Same damn thing with everything else folks as it takes the necessary time for things to return back to normal and they will but it still is likely a few years away production can't reasonably be expected to hit peak numbers that is again stupid to expect bur that doesn't mean companies will do anything other than work hard through these conditions because they need to survive and why Blox knowing this as stated pivoted to other stuff that it felt will not be as hard hit but nowhere did they say or even have in writing they are not still doing what they started out with again people who are spreading misinformation are trying to make it that way which is false. The company is unless otherwise proven is still doing that and we will need to be compensated one way or the other for it. I told what I believe if Blox in which we hold shares in wishes to legally divest the assets class they can do so by spinning Ionix off and have to rewrite the share structure in the process where we will end up getting partial let's say ionix shares but yes after that you will have to buy if you want them. I had explained New Wave did that on a 5 to 1 basis or something of that nature...the number isn't as important as is the principle behind it. This company will likely go that way and consolidate shares that is why I am talking about this and giving people the heads up don't be either angry or surprised should this happen..and given what will likely be 600 million if not more shares if what one poster stated is correct...let's say 528 million where it is the logical thing will be a 10 to one consolidation so it will remove the over printed shares let's say if these don't move much say .06 again all hypothetical so you folks understand and see how things are working would put these at .60 I have 1000 shares right now and assume .06 that is $60 so that is the same as 100 shares at .60 people hate this I am half and half to this because it cuts leveraging in sorts. By this I have to use and think in part shares lots vs in 100 or 1000 this is a whole different thing to talk about whole lots and partial lots odd lots from what I see becoming less and less important to those in stocks...so I won't talk about it. In any case say I wanted to sell in lots of 200 once this hit $1 before consolidating again hypothetically speaking that is $200 on 200 shares but on a 10 to 1 roll back the shares would need to be $10 and one fifth my 100 shares or 20 out of 100 so you see the values don't change you have less shares worth more vs more shares vs less and people myself don't think in working with less but if you keep proportions it is the same thing. Despite people more likely to buy the cheaper shares it still won't matter if people don't find value in them when too many printed. Unless the revenue is so strong to offset the shares your best bet is consolidation for one big reason...you take away the dilution and when you need to raise capital raising on higher values means less shares dilution and allow the shares to retain the majority of its value especially in light of the recurring revenue and that is why if the companies are strong enough to hold out they should only consolidate after a continuous flow of healthy revenue but many companies are not in which case they rapidly lose value after consolidating and they again blow up their share count. This company is looking for strong revenues the likes of the 20000 miners which at estimated pricing would by the calculation bring in 20 million not 2 million dollars however the devils in the details and whether 20000 miners will be produced in one year or if a partial amounts happen so this is all not easy to calculate but that is the whole reason share structure and consolidation etc is hard to say for sure BUT ionix was created for two reasons 1 for tax purposes and earning potential and 2 I have no doubt as to be spun out....the issue is how will this be structured I am saying on a 10 to 1 basis is the most likely again due to how badly crippled all companies earning potential are it may be less maybe more I don't know it is an in between number a reasonable one...companies are restructuring to make things beneficial to them and we as shareholders have to have an open mindset these things can and do happen so those who were talking about less and less ownership of what ACDC was are right in relative terms but wrong in saying we will get nothing and the company is out of that business that is wrong. Ionix is a subsidiary of Blox whatever was in the press was in the press but there was no formal exchange approved restructuring as a spinoff and why I am raising this there is every intention to do it and from a corporate point it makes absolute sense. From an investor gambler sense i don't particularly like or favor this because you don't get even 1 share let alone more when shares are wiped out through consolidation and restructuring. I would ideally like if things are reduced by 10 times you get that many shares but that isn't possible and would end up in ridiculous amounts in the spun out companies which is useless folks so you have to see things from that perspective you will get a fractional ownership. The shares will tend to trade half or whatever the main shares Blox in this case or 3/4 or less anyways so people can still feel good that their Blox shares are worth more and they have a chance to buy shares ionix. But people will buy under 2 conditions 1 the company dealt fairly some of you don't think that was the case here but folks no company tells you before hand they are diluting to pay for things and often times they do blow up the shares and once that is done they press release it. I used to loath this. When I started gambling in stocks late 90s some companies did give a press informing shareholders they intend to do a raise others not some still issue the intention but the raise was already being done so really it didn't matter. Folks understand one thing whether we like it or not companies will do raises without us really having a say other than holding or dumping shares. Think from a corporate point the financers brokers already want 20 percent or less than market price. Nobody likes raises even if in the end they prove beneficial so typically when people hear raise they start dumping stock and the price tends to drop significantly. So if the company will raise monies do you think in your right minds they want to tell us? companies are well within their rights to do this and they do it for expediency and stability overall ease to get things done. I am now saying try to see things from a corporate perspective. If we know all this is going on for all companies not one operates any differently be it penny or otherwise we need to deal with all this that is why the mantra always is take your profits while they are there figure out your low and high trigger points and follow them always follow them and how many shares you decide to sell to get whatever monies you need to work with or save don't ever ever ever second guess this this folks will save the emotions as well as your monies keeping your losses and gains in yours nobody else's control. So there is the dilution fact but all companies will do the same. I will say this however you look at the history of share management and the amount of shares that were as we said printed and sure if Abante is the CEO you may consider past performance on his other dealings so if you feel the company mishandled their share structure and other businesses did not succeed as to your evaluation you will not buy into the spinoff on that basis but if you feel you know what the company and or the management may have sucked but things seem more stable is on the rise maybe I will take a shot and give these guys another chance you may decide to buy some BUT only as the saying goes risk only that amounts you are willing to lose in other words even if you do you won't whine like little girls to the extent people have been whining about here...again folks this company has done everything by the books and did not act any differently than any other company. It is possible they did not handle the shares all that well and got to this point. When the company was at 150 million and people were complaining I said yes this company has a bad historical track record of over issuing shares. Unfortunately when people are too result driven and the markets are set up as a trading structures companies have 0 chance or a very slim one not to see their share value blow up the way they do. The only way that will not happen is if companies are more along the way than many listed companies already have product and backing in place prior to publicly listing and grow with the hype that pushes prices up so they can keep doing raises at higher prices. There may only be 2 percent of these the rest depend on hype for higher share values but if they don't live up to it they get slaughtered. The problem is everyone wants monies fast especially the brokers financial houses and I frown on them because they make it through commissions they make it through discounted shares and on top of it even if they themselves don't do it they make it through people who short and where our shares are for rent and we make 0 compensation on it that is what I call criminal I would feel almost as bad if they used their own shares because that goes against the spirit of the market which is supposed to ideally create economies and jobs for people which it doesn't really seem to do if companies fail and we are all guilty of this. That said if you understand all the pitfalls and dirtiness of stocks you have to protect yourself and can't worry about idealisms which for the longest time I did but you just can't the very structure and players are corrupt to the core even those who wish to be truthful like myself as I said knowing this perpetuate it by taking part. Folks if you want your idealisms go make money as your own brand don't touch stocks but if you look at things really truthfully you will see yourselves as part of a super corrupt structure do your thing and sure give opinions but know not to cross the line or simply not post something I am definitely moving towards at least that way not only am I removing myself from pissing contests I am also removing myself from playing be pure ethics meaning I will neither say good nor bad of companies just trade and take profits and losses stay out of things that is the only way I can truly be neutral however legally as I said this company has gone by the books. Ethically I also don't see any wrong doing here as they have operated as they should. Unless people can prove members of management were on the boards hyping the price for stocks to run up and show they dumped the shares being pump and dump there is no breach in ethics here. Pump and dump is not by management but by all of us. Management put out releases and yes sell shares that is how they make monies as we do BUT they get then free or if buying on open market at that price or discounted under prospectus whatever so yes the deck when looking at management vs what we can get is stacked against us. Even if you try to track inside trades like Canadian insider that information is at least 2 weeks behind. This is why I have echoed strategic share management and triggers. Anyways this is long. I will have to see what the future holds but as I said I will not buy shares until I see product and how things are going I will not also be terrified of consolidation as I see it as inevitable and as I said look to recover my losses maybe come out ahead knowing it is near impossible to come out as far ahead as I would have had I sold at .95 unless I take the leap of faith buy lots of shares and that move proves right. Despite knowing at these levels people will likely make monies I am not moving that way as I an fully invested and going by a fixed plan the way I said if one has a plan stick to it. If it is a bad one change it until it becomes better...holding everything long term not one I would recommend ever however from all the years I have done things stupidly and ideally hold half use half strategically makes the most sense or whatever you need to do to get your principle our fast. I can't advise you on these things folks for the reasons that there are too many possibilities and variables even a certified planner won't be able to as you should be clear what you want and how to get it tuning out all the noise both pro and con your business is to make monies not judge things as ethical or nor that isn't the best use of one's energy nor I find pissing around on the boards I am just yappy and passionate got into a bad habit of posting opinions and spend way too much time doing so. Time to fill it doing other stuff but I am not promising I won't post BUT yeah my intents are to permanently get off for all that I have said. If any want to shot the breeze I will be happy to be yappy in private messages but boards the days and my time I am calling to an end and best to put my energy in positive views of what I hold....laws of attractions not distracted by all the noise which is not. Anyways folks time will tell about tangibility and if Ionix as I suspect will be a publicly listed company and if yes how the restructuring will happen exactly. Interesting times anyways.