should have listened you LOSER
I'm sure you can dump your 100 shares easily but anyone else with an actual position can't
a capital raise gets them through one hurdle. How the heck do they get through this:
In addition, the NYSE MKT indicated that the Company is not in compliance with Section 1003(a)(iv) of the Company Guide because it has sustained losses that are substantial in relation to its overall operations or its existing financial resources, or its financial condition has become impaired such that it appears questionable, in the opinion of the NYSE MKT, as to whether the Company will be able to continue operations and/or meet its obligations as they mature. As a result, the Company has become subject to the procedures and requirements of Section 1009 of the Company Guide.
Raising money doesn't make them profitable. The NYSE says they are not viable. This company will be delisted
and it begins. avegasdude will now find out why he is an idiot and always has been
The only way out is a substantial capital raise. That means the old financing at much higher prices gets reset....a DEATH SPIRAL. See you at 25c with 2X as many shares....if you are lucky
google "Uber’s Denial Of Liability In Girl’s Death Raises Accident Accountability Questions"
If you are an Uber driver and driving to pick up a passenger, you are not covered. Your own insurance won't cover you either. Big hole in the system. so the 160K Uber drivers are essentially kamikazes on the road
$1M? Doesn't seem like enough. What if i'm in an accident and paralyzed and live 40 years more?
25K miles vs 15K adds maybe $200/yr to insurance. Not an issue.
you're still a tool and even your own wife thinks so. She won't even take your last name. Can't blame her
now holds just over 400K shares as of year end 2014. He was buying at $2-$4 years ago and probably has collected $8+ in dividends. Made 10X or more on this. This may be his last filing since he is under 5% so we can only guess that he will sell off slowly in the future.
Well played by him
I know what the law was, but it didn't seem right. All these companies do these complicated offshore transactions in an attempt to skirt tax rules. Just pay the tax and remove the doubt. We are only talking about $40M in tax/yr.
TotalTrax is worse than IDSY, if you can believe that. The two companies barely make competing products when you look at what they actually do. Other than that, can't argue with what you said