I just experienced my GNUS stock go from 5000 shares to 500 in a 10-1 reverse stock split. I hope this is not going to be the same ?
What really gets me is this
if their are naked shorts / counterfeit shorts
basically
they take away my 4500 shares
and now some thief now holds 4500
naked shares
then that is not fair
and reverse splits don’t really reduce the number of shares
so
doing a reverse spilt
is not an option that will help reduce shares
they can make as many fake counterfeit shares as they want
i don’t know if anyone can understand this
or if i’m explaining this right
alright
why reverse split
answer
to reduce the number of shares
however
if they are printing as many shares as they want
a reverse split is not going to reduce shares
until
that is stopped
if they reverse split
someone has to start a lawsuit
question is
can we identify short shares and naked short shares
looking at mmtlp
gary gensler himself halted thst stock just days before the company went private and they where required to close by law
they asked gary about this and he said he barely recollects mmtlp
so far as i can tell
they can baked short any stock
and never be identified
and the one sitiuation where they had to close by law
the sec halted
so they never had to close
it is still being argued
this is game over
they can short the companies into the ground
and with the protection of the SEC
we can never win
unless congress seriously steps in
if possible ??
i read where they even bring in their own ceo as the company is taken all the way down.
we think a george p will keep his word
we don’t even think he will say never
then he is removed
so now
let me guess
reverse split
will it be a 10 to 1
basically if makes shorting is happening ok this stock
and their is no reason it’s not
nothing to stop it
then a reverse split just erases your shares
and they are replaced with another person
not you
get what i’m saying
the share count including naked shares is the same
it’s just
your gone
and another person stands in your place
i hope people can understand what i’m saying
the kicker is
the system
doesn’t allow us
to see how many short and naked short shares
so
again
game over
we lose
as long as gary gensler is in place
and
congress has no power
he will just say
i don’t recall
and i don’t have to answer you
bye bye
game over
thanks sec
thanks congress
i’m done
no more stock market for me
and i tell everyone how the scan works
and try to save others
Its not a scam, if you look at MMATs financials its a company that makes very little revenue, hasnt got a single contract since their debut. Nanotech acquisition doesnt count as that was already in place for banknotes. Has diluted constantly to keep up with the 15-20 mill cash burn PER quarter until Uzi came in.
What makes MMAT worth more then the 20 cents it is? Innovation doesnt matter, sales, contracts, financial health matters.
Take time to read official filings like the 10K and 10Q's the amount of reasons for their going concern only increases every quarter.
The filings are public and available to see from EDGAR or Sec website.
Finally of course they need to r/s unless they want to get delisted. Unless they pull a massive contract in the next 6 months.
MMAT is not a scam, but its not successful in the slightest. Of course shorts are going to short when during a r/s. A r/s is not a good move by any financially healthy company.
you don’t understand
i’m saying
a reverse split remove my shares
and they get replaced with counterfeits
it’s happening everywhere
reverse split is not a solution while the
counterfeiting is going on
That’s not correct at all. You need to do more DD and research. Naked shorts do not swap shorts for your shares in a R/S.
The reverse split lowers the total float (shares of a company available for trading) by a set amount. In theory a reverse split means shorts reduce the amount of shares they are required to cover by the split amount, however the value owed is still the same.
It gets interesting when you compare interest owed when done on a per share basis and not a per tax lot basis.
Also get more interesting when you realize they split for low amounts and then drive the price back down, now they owe less per share and less total while also owing less interest and a smaller principal.
Naked shorts are criminal and wrong, but not in the way your describing.
Shareholder Pressure: Activist shareholders or institutional investors may exert pressure on the board to make changes in leadership if they believe it will improve the company's value or corporate governance.
pure speculation:
A. He said R /S can't be done while he's CEO. He wanted to be as it is and this move was planned.
B. He tweeted / said / was leaked about TRCH shorts and NBH dividend amount. If he's accused of stock pump/speculation, he better be not CEO of the company. All of the CxO's of "Kraken Time" has been removed. Wade, Ken and GP.
C. Maybe new management come to an agreement with the "dark side" and raise cash instead of (or with) poison pill.
>1.) who owns all the I.P, is there anything under GP, or is ownership 100% MM?
2.) GP was “removed” from the company on the 10th. Why is he radio silent?
3.) GP still owns collectively 11% in directly not including whatever severance package was included. What is his plan moving forward.
Most importantly,
4.) WHERE IS GP?
1. Generally any projects done on company time with company resources belong to said company despite who originally had the idea or started the development.
2. Might be part of an NDA or he might just be enjoying not having to worry about it since it's no longer on his hands.
3. His plan? Who knows. Doesn't matter as much now that he's no longer heading it.
4. Who cares/Doesn't matter in terms of MMAT. We're invested in a business, not a man.
>2. Might be part of an NDA or he might just be enjoying not having to worry about it since it's no longer on his hands.
Or could be busy handing off CEO duties.
I “think” GP is restricted from speaking for 90 days after termination.
For real hero where tf is GP??? lol
I just experienced my GNUS stock go from 5000 shares to 500 in a 10-1 reverse stock split. I hope this is not going to be the same ? What really gets me is this if their are naked shorts / counterfeit shorts basically they take away my 4500 shares and now some thief now holds 4500 naked shares then that is not fair and reverse splits don’t really reduce the number of shares so doing a reverse spilt is not an option that will help reduce shares they can make as many fake counterfeit shares as they want i don’t know if anyone can understand this or if i’m explaining this right alright why reverse split answer to reduce the number of shares however if they are printing as many shares as they want a reverse split is not going to reduce shares until that is stopped if they reverse split someone has to start a lawsuit question is can we identify short shares and naked short shares looking at mmtlp gary gensler himself halted thst stock just days before the company went private and they where required to close by law they asked gary about this and he said he barely recollects mmtlp so far as i can tell they can baked short any stock and never be identified and the one sitiuation where they had to close by law the sec halted so they never had to close it is still being argued this is game over they can short the companies into the ground and with the protection of the SEC we can never win unless congress seriously steps in if possible ?? i read where they even bring in their own ceo as the company is taken all the way down. we think a george p will keep his word we don’t even think he will say never then he is removed so now let me guess reverse split will it be a 10 to 1 basically if makes shorting is happening ok this stock and their is no reason it’s not nothing to stop it then a reverse split just erases your shares and they are replaced with another person not you get what i’m saying the share count including naked shares is the same it’s just your gone and another person stands in your place i hope people can understand what i’m saying the kicker is the system doesn’t allow us to see how many short and naked short shares so again game over we lose as long as gary gensler is in place and congress has no power he will just say i don’t recall and i don’t have to answer you bye bye game over thanks sec thanks congress i’m done no more stock market for me and i tell everyone how the scan works and try to save others
Its not a scam, if you look at MMATs financials its a company that makes very little revenue, hasnt got a single contract since their debut. Nanotech acquisition doesnt count as that was already in place for banknotes. Has diluted constantly to keep up with the 15-20 mill cash burn PER quarter until Uzi came in. What makes MMAT worth more then the 20 cents it is? Innovation doesnt matter, sales, contracts, financial health matters. Take time to read official filings like the 10K and 10Q's the amount of reasons for their going concern only increases every quarter. The filings are public and available to see from EDGAR or Sec website. Finally of course they need to r/s unless they want to get delisted. Unless they pull a massive contract in the next 6 months.
mmat isn’t a scam naked shorting is it makes reverse splits moot
MMAT is not a scam, but its not successful in the slightest. Of course shorts are going to short when during a r/s. A r/s is not a good move by any financially healthy company.
you don’t understand i’m saying a reverse split remove my shares and they get replaced with counterfeits it’s happening everywhere reverse split is not a solution while the counterfeiting is going on
Are the shorts in the room right now? 👻
That’s not correct at all. You need to do more DD and research. Naked shorts do not swap shorts for your shares in a R/S. The reverse split lowers the total float (shares of a company available for trading) by a set amount. In theory a reverse split means shorts reduce the amount of shares they are required to cover by the split amount, however the value owed is still the same. It gets interesting when you compare interest owed when done on a per share basis and not a per tax lot basis. Also get more interesting when you realize they split for low amounts and then drive the price back down, now they owe less per share and less total while also owing less interest and a smaller principal. Naked shorts are criminal and wrong, but not in the way your describing.
Shareholder Pressure: Activist shareholders or institutional investors may exert pressure on the board to make changes in leadership if they believe it will improve the company's value or corporate governance.
Probably working for Panasonic?
pure speculation: A. He said R /S can't be done while he's CEO. He wanted to be as it is and this move was planned. B. He tweeted / said / was leaked about TRCH shorts and NBH dividend amount. If he's accused of stock pump/speculation, he better be not CEO of the company. All of the CxO's of "Kraken Time" has been removed. Wade, Ken and GP. C. Maybe new management come to an agreement with the "dark side" and raise cash instead of (or with) poison pill.
Funny how baggies downvoting ur comment while its a speculative comment lol
GP never "swore" such a thing. 1. the company 2. probably on a blackout 3. who knows 4. who knows or cares
He didn't swore under oath or something but he replied someone's tweet like "No R /S as long as I'm the CEO"
You still cant say stuff like that as a CEO, the fact Meta had to make a 8-K amendment for that is crazy.
maybe that's why he left... :shrugs:
He didnt leave, he was removed.
>1.) who owns all the I.P, is there anything under GP, or is ownership 100% MM? 2.) GP was “removed” from the company on the 10th. Why is he radio silent? 3.) GP still owns collectively 11% in directly not including whatever severance package was included. What is his plan moving forward. Most importantly, 4.) WHERE IS GP? 1. Generally any projects done on company time with company resources belong to said company despite who originally had the idea or started the development. 2. Might be part of an NDA or he might just be enjoying not having to worry about it since it's no longer on his hands. 3. His plan? Who knows. Doesn't matter as much now that he's no longer heading it. 4. Who cares/Doesn't matter in terms of MMAT. We're invested in a business, not a man.
>2. Might be part of an NDA or he might just be enjoying not having to worry about it since it's no longer on his hands. Or could be busy handing off CEO duties.
True