re: Spec Play - HGRAF

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Sticking with it although I really am frustrated with how this was managed over the past year

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If we're being honest with ourselves, we knew going into this that the CEO was inexperienced. I'm sure she is not making major decisions without input from others.

I try to look at the hires they've made, and IMO, they have brought in some experienced people who have taken a pay cut to be here. Except for the CFO fiasco... Not sure about that.

My point being that the Senior Management is not inexperienced, per se, although I don't know if any of them have done a startup from essentially scratch.

I did not think this was going to go smoothly from sub $1/shr to the moon, and figured there would be issues along the way. Until recently, I thought this has been a pretty smooth ride, all things considered. I never bought into the Kevin Bambrough narrative that this was going to happen overnight. I figured I would be happy if we hit double digits by the end of this year, but now, I'd be happy if we hit double digits in Q2 - 2027.

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hit double digits by the end of this year

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Not pump rainbows, sunshine, and lambos but I do think this is still possible. I really wish the redomicile vote was last week and not two months after the initial shareholder vote. This left the company in a limbo status that has given sharks every opportunity to drive the price down. Now, in hindsight this might have been the company's plan the entire time - as noted by the lack of insider trades. If that comes out as fact post transition, I will give them all of the roses or this might have been pure dumb luck and the company snuck its way across the boarder for a much lower price by coincidence.

I just wanna know where are all the people from last summer that bought thousands of shares and said it would go on the nasdaq in Q1??

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I got kicked out of the HGRAF Discord because I had the audacity NOT to pump sunshine all the time.

I wonder how they are doing over there? Are they totally losing it, or are they still buying up everything they can. To many of those guys have 100% of their portfolio invested in this stock. Scary.

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Those guys are kinda weird. There's a few, literally a few who know what they're talking about and have good insight into the market and HGRAF's potential in particular. But the rest of them are straight goobers.

I also got a 1-week ban for saying exactly this in response to a discussion:

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There is a decent chance mistakes were made, I mean the CEO has no background or experience running a company."

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"You may be in the wrong Discord." (banhammered.)

Again, I’m not sure what point you’re trying to make. A withdrawal from a Roth IRA is (in a vacuum) tax free. You don’t know policy.

Brother, you just explained how Roth IRA withdrawals are taxed and somehow convinced yourself that refutes my argument. Nobody said Roth IRA withdrawals aren’t tax-free under the applicable rules. I said a Roth IRA doesn’t inherently protect you during a recession.

Tax-free withdrawals don’t prevent your portfolio from losing 30%, replace your paycheck if you get laid off, or magically make your investments liquid without consequences. And if you’re under 59½, tax-free treatment of earnings generally depends on meeting the qualified distribution requirements. Contributions and earnings aren’t treated the same way, either.

You’re confusing tax policy with economic security, and those are two very different things. A Roth IRA is a tax-advantaged vehicle, not a recession survival plan. If your entire argument is that withdrawals can be tax-free, congratulations on understanding the tax benefit. You’re still not addressing the point.

I feel sorry for you. You don’t seem too wise. The high school diploma doesn’t go as far as it once did.

Yes please start another thread on your IRA debate…much appreciated

If you recall, this was at the same time that they fired their CFO. Was he fired because he screwed up by not understanding the tax implications and strategies for avoiding those taxes during redomicile?

This is a brand new company. They weren't first on anybody's list of who to go to work for. They are making mistakes because they are all doing this for the first time with a product that is unique and nobody has experience with it.

I invested in NBIS because the executive team and the CEO are rock stars. I invested in HGRAF because the story and the product are so compelling. Execution errors are not the end of the world, as long as the story holds up.

I'm reminded of Phil Knight's story when he started Nike. He said they had no idea what they were doing and made it up as they went. He needed a logo for the shoes and paid an art student at Portland State University $25 to come with something and she gave him the iconic swoosh because $25 doesn't buy you much. Knight said he didn't like it, but it was all he had and figured he could change it later. Point being is that you make decisions when you're in a position where you're trying to change the world, and sometimes you make mistakes. Sometimes decisions become the right decision after you make them. You just have to go with it.

Can't expect perfection, This could be a three steps forward, two steps back while in pre-production. We just took 2 steps back and hopefully the redimicile is the start of 3 steps forward.

This will end like all stock promotes end, to the pink sheets