Dale, I was thinking that perhaps Manning knew exactly what he was doing when they intentionally put XSNI on the board as OTCBB - non reporting and all to the SEC as I said from the beginning, however, I did not know to what depths they were skirting an issue -
I am beginning to believe that the listing is an attempt to create a dumping ground for those previous mega com shareholders AND those officers of the now defunct corporations who were provided PRIVATE OFFERING shares options (say 1996 & 1997 - the Capper brothers et al being the majority beneficiaries of those PRIVATE shares) a payoff to be captured in the future - say this XSNI OTCBB listing and the "mysterious" hype surrounding same.
That way, those worthless shares of mega com AND those PRIVATE shares could be dumped into XSNI on the OTCBB and then after they are all dumped and they got their "delayed compensation" - they would just start off with another IPO offering with a separate symbol and "program" altogether.
I'll tell you Dale, this is exactly what has been happening - dumping the shares from those Private offerings that were allowed to sell a percentage of those shares (25-30%) of them and the others are on a scheduled dump schedule, commencing sometime on June 30.
There is major concern by those mega com shareholders that got the XSNI shares too - they wanted to sell them at the run up and couldn't. Isn't that some form of market manipulation?
Plus, when I talked with Manning in May - aren't OTCBB companies still regulated by the SEC Act that prevents an insider from promoting FALSE information to cause a market rush? or false inflationary price increase valuations?
If not, why are PRs loaded with that SEC act information at the end of the prs?
I am not complaining about how I invest my money - I am getting a great education and get psyched about digging stuff up - however, there are a lot of people who invested in this based upon misleading insider information from Manning himself. I call it insider because Manning himself is the CEO owner Mr. everything and master planner. Not a dumb person, just that I caught him off guard when I was the first to call him and hit him up with prepared questions.
You know what a blibbet is? My dad told me when I was around 16 - a blibet is a 10 pound bag of poop - now I think we are gonna get hit with a blibbet...I think I can smell it getting close...:)
I have to smile cuz it I have a good feeling about getting the truth out and I know if management is crappy that is the first sign that your investment is at RISK. When they are evasive and swarthy - just go on to the next issue, give up the information and let everyone decide.
Let em squirm just like they make the holder of their stock squirm, like my profile - Looking for the Worms...Pink Floyd. Don't like to find em in what I have, but if I do, I promised the board I would let them know what I find and how I interpret it.
Just that I would rather be smiling because of true happiness and delight, not out of sarcastic, crap I should have seen it coming smiles :) :( know what I mean?!!
I have 4500 shares and I am at break even but I bought this stock with profits from other stuff; there are many who have not, I will maintain a portion of this issue, could be just 10 shares just to maintain communication - the education I have received from this stock is invaluable and worth the price - but for many the cost could be exhorbitant.
Not a mystery to me anymore, Dale; plan was carefully thought out by some shrewd people, guess this is the CRAPS table, and I managed to find out the dice were loaded and found the pattern.
Probably, when I read TICKs prior posts and avoid the personal garbage, I can glean some connections and tie it together for a post that people will be able to follow then they can determine their own moves.
There may be another run up or two or three, I don't know, but I am only going to leave a few on the table for continued educational purposes, and to continue my association with this issue to see that FACTS do come out by MANAGEMENT, get my drift?
Thanks for responding to my post, this has been bugging me since yesterday afternoon, but I was so tied up in emotional knots about something else. Next week, I am going to do some digging on another issue whose management IS worthy.
Everybody - product is great - but if management is shady and questionable - that is a problem. Not one investment that I have been in have I experienced good luck when management are either blatant fools or shady characters. No matter what industry - if you can get out at a high when you find out there is something is wrong with management - get out - or alternatively - you set your loss limit, know when to fold em and walk away; take your experience to the next "table" and gamble on another game. (ie take it to another stock and place your buy limit and set your loss limit immediately).
Well, my husband is going to be home soon, and everyone is jealous of all the time I spend on the computer so it will be off time for me pretty soon while I entertain the group and make everyone feel they are number 1 (which they are all my #1's).
I shall be back on tonight when everyone is tucked away AFTER THE STARS GAME WHERE WE BEAT BUFFALO SABRES UP BLOODY, :).
I am just lookin for answers just like everyone else, only I had to figure out the correct questions and then I didn't like the answers.
CUL8TR, Jacalyn |
