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Wednesday, 07/27/2016 12:33:35 PM

Wednesday, July 27, 2016 12:33:35 PM

Post# of 106824
0.022 / 0.026 Bid and Ask..UH OH !!

Well, looks like they (the MM's) just ripped the ole rug right out from under the recent little mini-pump. Guess the "buyer" (USRM buying their own shares IMO, or something related to those SEC 13G filers)- looks like they just ran out of money and "cleared the decks", LOL !

Right from the OTC market site itself, the Bid and Ask just totally collapsed, like faster than Clint Eastwood can spit a plug of tobacco:

0.0260 , -.014 ( - 35.00%)
Real-Time Best Bid & Ask
0.022 / 0.0265 (20000 x 10000)


AND, it just put in a freaking day's low already of .02 , TWO FREAKING CENTS !

HOW, is that "normal" trading, LOL??? It hit what, like .044 or something like that, aka 4.45 CENTS, like freaking YESTERDAY and is now bidding 2.2 freaking CENTS today, with a 2 CENT LOW? A 50% plus loss in less than 24 hours? Meaning anyone who bought that mini-pump spike now needs at least a 100% gain just to break-even? HOLY COW ! That's like fugly ugly.

Looks to me like one of the convertible debt "boys" just began this AM to set their LOW, for another likely debt conversion round. Remember, the LOW of the past "X" number of days, is what sets the conversion price for Daniel James, for Fourth Man, for Magna.. They get their 40% or 47% or 49% discount to the LOWEST trading or even lowest Bid (in some cases) of the most recent "X" number of trading days, blah, blah, blah see any 10-Q or 10-K. The shares make that LOW and then the conertible debt lender(s) call up ole USRM or fax um, saying we'd like to convert $10K worth of our debt based on a 47% discount to 2 CENTS or whatever the new low of the past 5 or 10 days may be, whatever the case is as spelled out in their debt conversion formula.

And that mass collapse that just happened this AM, it happened with MM AEXG not even "back in the game" yet. AND, it only took what, like maybe $4K worth going up for sale on the Ask, to sink this thing like a lead boat anchor. IMO, freaking wait till ole AEXG the "wrecking ball" (what I call um, from watching the Level II when they show up) just wait and watch when they step back down into 1st position on that Ask, likely in the next few days or week or so, they're a freaking crusher every time they show up (Magna related IMO).

Brutal.

Who knows, maybe a dead cat bounce or two left, maybe they'll (whoever "they" is???) maybe will throw a few more bucks at some inflated 30% or 40% spread on the Ask, but how long can it really last when there's gotta be literally MILLIONS (likely 10 MILLION or more IMO) MILLIONS more steeply discounted dilution shares barreling down like a freight train, right behind any mini "blip" up-spike? There was almost $500K of steeply discounted, floorless type convertible debt owed as listed on the last 10-Q PAGE 14, divided between Magna, Fourth Man and Daniel James. NO freaking way IMO that they're even close yet to having converted all of that yet- it'd be impossible given the share volumes since that 10-Q came out. Waaaay more shares needed to be sold IMO to get all that debt converted, and they'll all be steeply discounted shares.

"Might" be time to cue up some good ole "Dandy" Don Meredith singing some Willy...AGAIN , LOL.:




Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.