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NOT a record but it was this time of year maybe 15 years ago a 3 Million for one r/s to be followed by a 3 Million for one F/s - cannot recall stock - obviously it was a scam. But my account showed a $4 Million value for over a year
on ATYG I have it on my split watch list and will wait for it to hit
https://otce.finra.org/otce/dailyList
But even then these wonky splits often go sideways - hey I have made a lot of money of splits that have gone sideways but the right way LOL..
2 100 baggers but its been 10 years since last one.
Yeah when my boss stops blowin up my phone I'm gonna make a list of the ones I can get names on.
Funny how the entire company takes off today and I'm the idiot doing all the work. It's getting old and tiresome.
Maybe the ones without names are "all dead"?
I have like 25 of them in this particular account and only 7 of them still have names associated with them, The rest I can't get any information on.
lol - I might can help a tad.
I cannot explain it in technical terms, but I can say this.
Occasionally, those companies who no longer have symbols become symbols again. I believe the company (or company officers) have to make the request through FINRA.
I have 4 of them in my account right now. I could have my broker clear them out for tax loss purposes, but then I would lose out in the ultra-rare event that they come back.
So I think the company (or shell?) still exists even without having a ticker.
Thinking maybe the SEC has to do something to make it "all dead" -- verses "mostly dead".
Poof, the entire transaction just disappeared and my $38 is back.
On the phone now, they say a 200 to 1 RS.
My question was HOW can a non existent company dead for years come out with a RS when there is no ticker symbol for it. She said its in my account but it's all numbers. I said yeah its all numbers because its been revoked years ago and I asked how long does a dead company with no ticker symbol have to do reverse split while not even being a company?
She couldn't explain but working on getting my $38 fee back.
This has never happened until Chuckie Schwabbles got involved, I wonder how much messed up they are going to get.
Do that do that kind of thing often?
Hoping that nobody notices?
Hey if the ticker no longer exists - YES it is a fraudulent fee.
I just asked them on Twitter how many people they stole from on this dead ticker.
lol - "fraudulent fee"
Cool, I didn't have my Fidelity when I bought.
TD just charged a reorg fee for COTE - That ticker has been revoked for many years and today they wanna reorg fee? I'm waiting for their explanation for this fraudulent fee.
lol - I just bought 100 shares through Fidelity for .03
Zero commission
Let's see what happens.
ATYG
I would think as long as you beat the split it should work.
They haven't mentioned it since the filing I listed from last year'ish but with slugs like these I wouldn't expect them to say when its gonna hit.
Nice maneuver.
is it too late for me to try the same?
I actually bought in after the announcement - with commission I put $7 into each account on the hopes that 100 share forward split will be larger than my $7 investment.
BUT if they are criminal enough to do a million to 1 RS they are slimy enough to prevent holders to sell until the re-dilute the crap out of it.
But all together I have $70 into it so I may be able to survive a total loss.
No I think this is the record lol.....1:1,200,000 on 19M o/s believe it or not, most insane r/s I've ever seen.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128717813
OMGoodness.
Is this is record?
I think this is why ATYG finally filed the Q
https://www.otcmarkets.com/filing/conv_pdf?id=15385685&guid=f4awkpVp4tRSJth
Never heard another word about it as they were dark.
Hey Q. Glad you are still keeping watch.
I am overloaded in SD warrants and the commons have been running, so it has been dominating my time.
Both warrants set to expire on 10/04/2022.
Been hoping in the meantime a new broker will emerge in the OTC which will really open things up again.
ATYG Expert to Pink Current and heavy volume.
LXAM and AAGH also expert to pink current, but zero volume so far.
Lots of money on the sidelines.
Same here creede! It could be a hellish ride north with the right merger for sure.
Picked up a few MADI on E-Trade. Low float shell with about 1.5 million market cap. Hoping it becomes buyable at other brokers soon.
05/19/2022 MADI Market change from Expert Market to Pink Limited
05/02/2022 MADI Market change from Pink Limited to Expert Market
04/14/2022 MADI Market change from Expert Market to Pink Limited
04/08/2022 MADI Market change from Expert Market to Pink Limited
04/08/2022 MADI Market change from Pink Limited to Expert Market
DEVM expert to Pink Limited too, but I already own some.
Hope so.
Would like see it pull a Houdini and escape from the Expert Motel.
ROWC Articles of conversion out at Nevada SOS
Merger coming through?
Agree on the inflation and especially the crypto.
Most of the crypto is total garbage and new ones are being added by the minute.
How we can get anyone to focus on one stock when everyone is trying to find the next Shib, DOGE, Etherum, or Bitcoin?
Yeah. They crushed it.
Not going to get better until a new broker shows up.
OTC markets $ETEK security details:
os is changed
5.505.000.000 - 5.324.000.000 = 180 M shares printed in the last month.
Can anybody guess why $ETEK is printing/diluting?
Emergent (the custodian owner) said "clean shell"
ETEK is frozen so no need to write financials and pay for it
par value is 0,0010 so 180M means ETEK 180.000 dollars raised on market.
Is that the Emergent bill to leave the place to the new merger candidate?
What you think guys?
Thanks
Yeah, brutal for sure, I have not seen any signs of life either really, beyond a couple short social media pumps.
While I don't think the rule change and broker issues is the only problem with the OTC right now, I mean its definitely no coincidence it all when to shite pretty quickly after the rule change went into effect....but there is probably more at play as well.
No doubt inflation is hurting the OTC, as folks have less disposable income to 'gamble'. The prices of everything are just out of control, I'm shocked every time I go out to buy something. They can't even change the price stickers fast enough at the stores, you have to wait until you ring stuff up at the register, to see how much exactly you are paying, that's how fast it's going up....its nuts.
Losing OTC players to crypto I'm sure has hurt as well.
Also the lack of public stock discussion, people have been moving away from message boards to other places like, Twitter, private chatrooms, etc, etc. Message boards or bulletin boards have been the place to go to to discuss stocks since the Internet began, it works to bring in volume. Twitter is not a place to discuss stocks, its good for one liner pumps that's it, you can't post any real DD there. Private chatroom are beyond stupid to me as well, there is a reason people check the Breakout Boards on iHub all the time to see what stocks being discussed......Real discussion for the most part = volume, it's been that way for ages. There use to be real stock discussion back in the 90s on Silicon Investor, lots of folks doing DD on tickers and quality posting......that's pretty much gone now....... now it's just people(pumpers, shorts, etc) bickering and such.
As a force of habit....I still check in on the OTCs from time to time, but it is a sad thing to see. Anyone claiming that they are doing well are trying to unload bags, period. No hot stocks to mention....no catalysts. No pushback from any OTC traders on the SEC....many actually believing this was a "good thing". The expert market stole these opportunities from us....and gave them to insiders. The most corrupt thing I have ever seen.
Suggesting peak valuation close on LUNA now. Watch video about half way through explains new valuation based on dilution at 6 trillion
I bought LUNA yesterday and up 300% today.
Makes sense. I guess I arrived at the SPAC party a little too late.
SPACs were all the rage but have fallen on hard times since they are basically ponzi schemes where the creators make insane money by selling to retail investors. I've stopped buying SPAC warrants over a dime, I prefer the 5 to 7 cent area because most just wind up going nowhere and liquidate.
Thanks for taking a look.
So I guess everyone who is holding the SPAC is all thinking the same thing:
“What’s my exit price?”
I don’t have much experiences with SPACS.
Just looked through it - I'm not a sports guy so a ticket seller means absolutely nothing to me. I see their losses increased about 50% from 2019 to 2020.
Again I just don't see the need for yet another ticket seller - I hope it goes to $50 but not holding my breathe.
It could be the next great thing, I just can't wrap my head around something I have no interest in. No doubt there will be a PR blitz once the deal is done.
Thanks for the feedback.
I guess at least there's a chance they pop since the name change should happen soon.
The numbers at SeatGeek look pretty big. Did you take a peep at the investor presentation?
https://redballac.com/wp-content/uploads/2021/10/SeatGeek-Investor-Presentation.pdf
I doubt they will extend the warrants as the newco will be flush with the SPAC cash, I think they will expire out of the money but that is pure speculation on my part.
Does the world really need another seat seller? That's the question I have.
Penny for your thoughts. Looks like the Billy Beane SPAC is finally about to emerge with SeatGeek.
I have 90 shares.
What do you think?
https://redballac.com
RBAC
RBAC/WS
I also have 30 warrants which are set to expire on 08/17/2022.
They are trading at a massive .68 each
Will they extend the expiration date once the merger is consummated?
Not our fault it took so long!
Will be interesting to see if they try to fill this OTC void.
It's no frills but they are advancing, guess they got an influx of talent for their buildout.
Yeah, I don't know anything about WeBull either.
But I am definitely keeping watch...
https://www.webull.com
https://www.webull.com/blog
https://twitter.com/WebullGlobal
I have not looked too much into it yet, I don't know what their trading platform is like, I use TDA which has ThinkorSwim which it pretty good(when its working properly) and has Free L2.....so the commission free trading alone probably would not get me switch over.....BUT....CE, Expert and Grey would get me to open a 2nd account for sure. I honestly doubt it will happen but if they really want to grab a big chunk of market share, then that's the way to do it.
Still a great return.
Hard to be greedy when things are so tight!
Looking forward to seeing what comes of WeBull. Thanks again for posting that news here.
Would be great... but... unfortunately I already sold, @ around a $2.75 avg......lol.
I mean it was still great from .02 but I left a LOT on the table, which in this market would have been much appreciated, as it's getting pretty hard to make a buck, considering most(if not all) of our avenues for that are shitting the bed right now majorly.
Still, sucks they took those opportunities away from us needlessly.
Congratulations and WOW.
Some great news in a dreary week.
I picked up almost 6K shares of WRMK as a Grey back in May 2021 @ .02 cents, WRMK was acquired this week by Brookfield Asset Management for $6.768 per share........obviously these types of things are rare....but they do happen......now the regulators and brokers have taken those opportunities away in order to supposedly 'save us' ......lol....what a joke.
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