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Re: ltktrex post# 297

Friday, 05/19/2017 9:12:41 AM

Friday, May 19, 2017 9:12:41 AM

Post# of 9482
Hi, www.theotc.today is a great site showing what's being pumped and by whom, and a history of priors AND the stock action on the days it happens. Generally buying into them is a losing proposition but sometimes when there is a string - perhaps the company is building up to something - the pumps can help. Very risky stuff though. Great site. You can see that AFOM has been pumped a number of times on it, and even just a couple of days ago.

Not all pumps come from within the company, but when they accompany a PR the odds go up that they are.

The latest 10Q shows a low convertible debt amount, but it may well be that since that date more debt has been raised and without knowing the terms it is possible that they allow conversion at any time - even prior to maturity - which is usually at least 6 months.

I thought the converts would have been done by now based on what I saw in that last 10Q but with this week's pump and volume coming in without much of a price rise, I don't know.

I reached out to the company a week ago or so to try to find out more but haven't gotten a response. The float is so low here that the stock could fly but that's not going to happen if there is continuous dilution. THe recent financing for $890,000 in the form of apparent restricted stock sounds great due to the usual 6 month lock-up so we may be in for a nice window of no dilution and very exciting news, but when will that combination happen?