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No, the lack of honesty from the company. It’s as clear as day now. Even you should see that. It sucks but it’s the way it is so I’m writing this off as a loss.
Get ready to sell that big beautiful desk of yours. Xavier took your $ and ran
One would like to believe so. But it's also a way that the CEO could use it to his advantage.
Look at the day he diluted 1.1b Then the day he announced no more dilution for the rest of the month basically the day after.
Now returns just 100m from that recent 1.1b to cover his ass from investigation because technically he did cancel some but not what all others would deem significant.
But to some it is significant....
So that 1.1b he diluted could have been him converting his preferred C and basically profiting $100k selling the .0001's after returning the 100m
I still think the 100 million was not the one expected. 100 million is far from significant so there must be something else in the works.
This Hippy don't lie. Face the FACTS
You're actually wrong. It's all down to the transfer agent relaying the information to OTCmarkets and they update immediately.
So for PSRU to say "Our efficient transfer agent" is complete BS
So the company didn't relay on the time frame they gave or the measly 100m was it.
After all they can't afford a buyback with only $2400 cash
Hippy and his basher friends get you down
It’s Friday night! Go have fun! As I literally post on here not having fun. Lol
This is not over yet, I’m holding strong!
I really appreciate your positivity but as a past bull who clearly sees Xavier for who he is now, you’re full of crap. If you believe it, great. Good luck. I hope it works out for us. If you don’t and you’re pumping, come on. The numbers proved you wrong, and there’s no talk of any other cancellation, buyback, whatever.
Share structure will be updated properly soon. You have to carry a big stick and be an activast investor!!!! Still very bullish and looking forward to coming days for the update. OTC is slow.
I have. However, I don’t want to do anything on there because then he will see my Instagram and will be able to figure out my personal details.
Xavier is off to Shakey's all you can eat chicken night thanks to everyone who bought the .0001's
In case you haven't noticed Xavier's instagram is "@inferiortonoman"
They said if I would ask in a more polite manner they MIGHT answer my question. I didn’t know we were trading stocks on an elementary school playground. What a jerk of a person to respond like that. I wasn’t even impolite. I’m sure they saw it as calling them out. So they got pissy and childish.
OTCM has nothing to do with the o/s and a/s, the transfer agent reports it to OTCM
Xavier needed to convert some of his preferred C and dump 1b O/S for an easy $100k in his pocket after using his manipulative tweets to con the suckers from their money
Yet didn't they tell you if you were nicer they would have gave you a response?
Everyone came to their senses and are attacking Xavier on twitter/X now
I guess my email to the CEO should have been nasty. I try to be professional, but when companies pull crap like this, purposely misleading investors, they don’t deserve any nice treatment whatsoever. They deserve orange jumpsuits, and to be behind bars.
You would think the CEO would address the situation. Not say things like watch OTCmarkets for an update over the next 3 business days.
Dump a Billion reduce 100 mill CLAIM REDUCTION the scum bag 101 playbook
i'm not the one that said significant buyback and only bought 100 mill at .0001 how cheap and liar is this pos
the otc allows lying how can you make a sound investment when lying is allowed
Net cash increase for period
$2,425
All they can afford is to buyback 24m shares thus leaving them broke afterwards
Can you explain how they can execute a buyback with less than $3k cash?
Good afternoon,
I see there is much talk about the share buyback and feel that the 100m reported on the OTC update seems just plain insignificant. It is to say the least. However, volume on this issue is sporadic meaning there are days when volume is extremely low and as noted this past week on Monday, Tuesday and Wed. we had decent volume, and it was on these days that the company executed their buyback.
So, let's not bash the company yet and give it a chance. I have mention in one of my previous posts that a significant buyback has to be around 25% of the O/S to even qualify as a substantial amount and this means for price movement. Now there are rules because it is only 100m. The SEC requires a strict buyback to adhere to 25% of the company's daily average volume and this after a lackluster volume going back weeks, this past week allowed the company to buy back their shares. We had huge volume. Also, the buyback has time constraints and price as to when what and how. Since the company has a no bid and trading at .0001 for months obviously the price doesn't really have bearing, but time is based on the hour after the open and can run through the trading session and 1/2 hour before the close. They meet these parameters only the volume is the burden since the company needs volume and why the hit the Twittersphere's with a reduction. This was simple an approach to increase the volume thus buyback.
The buyback can only come from a certain MM or single dealer on any given day. These purchases can't come from a roundabout network. It is generally the host MM that officiates the buyback on behalf of the company.
As you can see that since volume is on most days of insignificant quantity, you obviously can't execute a buyback. This is my major concern since the company is not big on releasing major news announcement or National Press Releases, but through venues that are very isolated or not well disseminated through the investment community. The company can now disclose daily repurchase activity as they have through tweeter, but as you have noticed they are vague, but nevertheless, it has to accompany the quarterly or 10K as attachment. I'm sure these updates will happen, but we are seeing the updates via the OTC website in the interim almost on a daily when applicable.
So, we can only surmise that if volume increases to a point of reasonable significance, we will see a certain amount of buyback, but until the lackluster and no real catalyst from the company expect the same outcome with real teeth into the reduction and that is the current problem we face and a real detriment on our ROI. Still optimistically bullish, but with concern.
See you all on the trading floor on Monday.
Have a good day
varok
I’m thinking must be more to the story here? Maybe I’m wrong.
Normally 3 to 5 business days to review files and that's if OTCM is not extra busy like they are at this time of year when everyone is filing. I'll give it untilmid next week before I think it's cooked!
Because he added to it thanks for playing play stupid games win stupid prizes
That’s not significant reduction
Now everyone who was hating on me is starting to believe me.
Oh how the tables turn
Explain this
🚨 $PSRU
— OTC Updates (@OtcUpdates) April 26, 2024
💰0.0001
Pink Current, AS: 22B, OS: 12B, US: 11B
Update Delay: 72 hours
Held at DTC Shares Updated:
🔴 9,059,689,430 (2024-04-03)
🟢 10,159,689,430 (2024-04-22)
Difference: +12.1% (+1.1B)
Outstanding Shares Updated:
🔴 12
https://t.co/4eJiBiJoDW
So how about that Ambush Kareokee.....
Show me where he said in “exactly 3 days?”
Just cause you reduce 100 mill and then dump 1 bill doesn't make that reduction
Yes that would actually make him a liar.
If you said you were going to Mexico in 3 days and you're still here in 4 days.
That would make you a liar
I can’t believe this a reduction…what do you think??
100 million, seriously? I don't want to have to take Hippy off of my ignore list. Come on, Mr. CEO, let's get it!
It happened, 100mln, be thankful for that, gave us a magnificent pps
Just because it didn’t happen exactly in 3 days doesn’t mean he lied , come on dude.
yeah its caled he lied
100 million less if it’s a reduction not the significant one expected.
they hasvent done the first one and you say more
It's day 4 out of 3....
Put down the hopium pipe
Reduction still coming
But that is a +12.1% issuance not reduction
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