All posts by Shaggy Yer
| Jan 23rd, 15:52 Shaggy Yer |
JT Financials Discussion » Customer Feedback - Comments, Gripes, & Concerns Re: Customer Feedback - Comments, Gripes, & Concerns |
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| In a similar vein, i still had, I've now canceled it, a 10k$L sell order that didn't go through. However I did have a 5k L$ order go through so I have ;cash' 14.something. Sicne the $10k USD is gone, does that mean I can no longer get that cash? |
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| Jan 30th, 13:47 Shaggy Yer |
JT Financials Discussion » ATMs still to open Feb. 1st? ATMs still to open Feb. 1st? |
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| Arb had previously mentioned Feb. 1st as a target date. And I had proposed a $200 - $500. I've seen both numbers as the suggested daily maximum. Will we get an announcement about this today or tomorrow? From jan 22nd: http://www.slcapex.com/home/story/system/1359 Just being curious, Shaggy |
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| Feb 22nd, 15:39 Shaggy Yer |
JT Financials Discussion » Customer Feedback - Comments, Gripes, & Concerns Re: Customer Feedback - Comments, Gripes, & Concerns |
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| No, technically you only lose when you sell. Right now you have an unrealized loss. The HUGE difference is what you decided to do. If you sell now assuming that Arb Wise is a liar and will not be guying the stock back at 1.03 a share... of course he will make a lot of money on the fact so MANY are selling far below that so it may be a while before he has to pay people that price. His smartest move is to let people dump and buy them back for the company at the discounted rate, then pay people waiting a greater return simply because we can wait. The more you panic sell now, the more people who wait will make, even in a closed system where Arb puts $0 back in, because he exchanged them at L$1 a share. So he can erase a lot of liability and STILL look good because of the crunch. |
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| Feb 22nd, 16:36 Shaggy Yer |
JT Financials Discussion » Ok, Mr Wise... Time to put up or shut up. Ok, Mr Wise... Time to put up or shut up. |
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| When is the first buy back. It looks like it will be a while before you even have to pay $1.03 a share with so many offering a lower price. Prove to all of us that you do plan to follow through. Start buying back shares in the open. You should have a couple of million L$ now just in earnings and the couple of million you were going to use for straight withdrawls back Feb 1st/8th when you were going to enable limited cash withdrawls. You can easily start buying 100,000's of shares at a discount now. So? What is is to be? You've had a week of converted stock, 4 weeks of no capital out... Nobody has had real access to the cash since Jan 15th, so one hopes you've been able to execute in last 5 weeks. The ONLY way to shore up the price is to show you are ready, willing, and able to start buying back, at SOME pace. Otherwise, yes after all this time of not saying it, you are not to be trusted. |
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| Feb 27th, 11:51 Shaggy Yer |
JT Financials Discussion » Ok, Mr Wise... Time to put up or shut up. Re: Ok, Mr Wise... Time to put up or shut up. |
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| Which again brings us back to my original point. It's been 6 weeks, why aren't we having a buy back at the promised $1.03? Some... any? If Arb is to have any credibility then he needs to prop up the price of 'our' stock by announcing the start of buybacks (and yesterday). If his plan is genuinely generating 100,000's L$ a week; then he can easily begin using some of that to buy stock back as he promised. It will show both truth in his words and immediately stop the price fall. If he doesn't then no matter how many people SAY they trust him, actions (and silence) speak louder. |
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| Feb 28th, 15:32 Shaggy Yer |
JT Financials Discussion » Ok, Mr Wise... Time to put up or shut up. Re: Ok, Mr Wise... Time to put up or shut up. |
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| If I were a crude person then I'd suggest somebody used them when they ran out of some other paper and needed them in a hurry and since rolls of a certain multi-ply paper are expensive... :-) |
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| Feb 29th, 16:22 Shaggy Yer |
JT Financials Discussion » Ok, Mr Wise... Time to put up or shut up. Re: Ok, Mr Wise... Time to put up or shut up. |
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| Aaaaaaaaaaaaaaaand again we come back to my original point... He can easily support his conversion price with scheduled announced buy back of small amounts. Say L$100,000 a day (25% of today's volume). He can start every morning at 8 AM putting in a market order for that much. Granted he will get them all at half that the first day or two, but then people will start to realize there he is buying them back. Over time he can increase that amount, and WHAM the price heads north to the $1 USD range. It is his silence and follow through that I speak to, nothing about lawsuits. Technically it would be embezzlement of the principle and fraud for the interest (iirc)... It's all about perception, right now we PERCEIVE nothing happening. |
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| Mar 2nd, 21:50 Shaggy Yer |
JT Financials Discussion » Ok, Mr Wise... Time to put up or shut up. Re: Ok, Mr Wise... Time to put up or shut up. And we thank you fro starting! Edited by moderator Mar 3rd, 08:44 |
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| Well, now that he has started buying back. The effect I guess is the same... I was picking a large enough number that the shares outstanding would eventually be reduced by a significant number compared to the 80 million issued. If you notice, yesterday's buyback has driven the price to.60 from .42ish of 1-2 days earlier. I'm guessing the effect going forward are fewer people lowering the price if they know that the buy backs are going to happen and they do not have to panic to try to get their money out. I would think that it will not take very many more buy backs to get the price back up. The real important milestone now will be the threshold of people who won't forgo the interest payment shares... I think Arb took a big step to getting people to believe him again. Good start, now the hard part and keep it up. Also, i guess we should move this to the SLW forum. |
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| Mar 5th, 21:13 Shaggy Yer |
SL Wallet Public Forum » Just curious so I'm wondering about limit order... Just curious so I'm wondering about limit order... |
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| Two days ago I put in a limit buy at .54. Yesterday lists a low of .50. My buy order didn't go through. I curious what would happen to keep it from going through. I was thinking the low wasn't a true low but an offer to sell but not met for some reason?? Anyone care to postulate? I'm not suggesting anything wrong per se... |
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| Mar 6th, 14:12 Shaggy Yer |
SL Wallet Public Forum » Just curious so I'm wondering about limit order... Re: Just curious so I'm wondering about limit order... |
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| I've not sold any shares as yet. :-) I didn't go through support as I wasn't sure it was an issue vs. a quirk of reporting. I send a ticket. |
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