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Flood gates about to open!
Unrestricted
351,736
01/28/2024
Right. Can’t sell until next Tues? Shorts will literally move in and kill it. I’ll just take what’s left when we can sell.
It is tradeable under CDIXD $3 bid/$15ask. Yes sad situ. What keeps me hopeful was the insiders that had enough shares to absorb the massive split. I believe its back to CDIX Tues to Wednesday next week
When is this tradable again? Terrible situation
Good god… what did retail ever do to deserve this… the SS was great before the O/S! And we started getting some noise!
This really did not aged well!!!!!!
Nobody’s buying this sh&t stock! Wow. 😂😂😂😂😂
Did this really go from around $140 to here (post split) in just 2 months?
Close at 2.75 it will keep going lower.....crazy.
I lost 2500 dollars but sure glad I sold yesterday evening...that's all R/S are good for is shareholders lose money.
Down to $11 and dropping with no takers.
$44.99 on the ask now. Hope someone smacks it before the close to save this turd lol
$2.75 registered trade. What a mess
3 shares traded at $2.75, 2.76. So it is trading with nothing yet on the ASK and 2 MMs on the BID at 2.75 and 2.65 respectively.
Price doesn't change for trades under 100 shares. But not a good sign if this is where it opens shortly?
It had some potential again before today with a nice base. The lack of scrutiny by regulators prior to allowing this type of blunt maneuver on common shareholders, even moreso given that history is glaring.
Interesting it is not trading yet today? I guess tomorrow once everyone trying to get this trading under the D likely stops scrambling and scratching their heads at the enormity of it all.
I believe that insiders held alot of commons here? Looked like enough to absorb this massive split as well. That was the only reason I thought it may happen and may not be a direct attempt to clean out commons shareholders
None the less this is not a good look in any way and any news would have to be absolutely huge to recover from a 75K-1. This has to be a record.
Outside of something massive, its hard to see a case this doesn't get obliterated in the coming days.
The preferred shareholders are the only ones who make out here. Along with Cunningham and Thompson. You might be able to catch a pump if you time it right but generally speaking if you invest in the common stock, you will lose your money.
Probably both… the preferred series are exempt from anti-dilution and could care less about the common …
Just like DBGI.
LMFAO
A big common holder table rake or a big announcement immediately to follow the split?
I don't believe there is any in between with a split this size. If they're not going to release positive news imminently this was as in your face as it comes.
Never seen a reverse this size. How is this allowed?
If it something big it won't be for the shareholders end up with 120 shares out of 9 million....how are you going to make money with 120 shares ?
Idk but for some odd reason it seems like they could be setting up for something big… but I can be wrong you just never know
Post split how long before you can sell ?
Yeah I agree. Strange there is still a bid.
End of day paint job will make the difference between $7.5 or $15 post split.
I sold out BUT BUT it sure isn't trading like a split coming especially being a 1 for 75,000 split.
I KNOW that what I get.... just want to make sure...BAD BAD BAD
It’s easy to figure. 9 million divided by 75,000. That will leave you with 120 shares. Yes, 120
9,000,000 / 75,000 = 120
Some brokerages also charge a fee for the split. Shares may be stuck for a while before it clears. Need to ask brokerage for these specifics.
This shouldn't be legal but it is.
Can you answer my problem out of 9,000,000 shares how many after the split ?
This is 4th huge RS. These crooks are scamming shareholders out of their money.
1:25000
1:1500
1:10000
Now 1:75000
Looks to be typo but it's all real.
HELP...I don't want to believe my figure.....have 9,000,000 after the 1 for 75,000 split how many will shares will I have ?
Well they borrowed against accounts receivables from the med and made a huge announcement they paid off convertibles …for what 120k worth…it’s a joke..good luck
The dilution is required to keep expanding as they just did last week, so they never have borrow from a bank. Reminds me of Brewbuilt Mfg, can rarely leave .0001 The 5 yr chart shows all the reverse splits on CDIX as well. When they expand with profits and commit publicly to no more dilution, then we are done becoming a atm for a private investor. At some point the company has to be satisfied with organic growth. The the actual value of the share will go up without help.
HEY STERVC what do you think 1 for 75000 split will it happen tomorrow....don't understand this trading back and forth at .0001 and .0002 most of morning with very few shares,
OMFG what junk. Arrest these crooks
CDIX: effective Jan. 9,2024 a one for 75,000 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
rs next week. in
Old one left. So they obviously need another
There is a new CFO coming in? I must have missed this in the filings. At least the dilution seems to have slowed down.
Maybe the stock can bounce now that there is a new CFO coming in?
If they would cancel the R/S talk we would fly.
If the company’s investors are selling 100’s of millions ..what does that tell you? Maybe a private placement ( exempt from dilution) with a discount would be a better investment. Good luck
So no reason to keep investing? Or am I missing something?
Shares are on sale…dang
Over 750,000,000 added now..
Outstanding Shares
1,804,899,613
12/26/2023
Restricted
710,484,034
12/26/2023
Unrestricted
1,094,415,579
12/26/2023
Held at DTC
1,090,781,457
12/26/2023
It’s puzzling how insiders are treating shareholders! Treat them good and they will stick around!
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