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Is today the day or maybe this week. It’s getting closer and closer. Only 70 days until all requirements of contract have to be done. Just speculation but maybe one requirement is Reverse merger in place. That’s only thing that makes sense
Anyone who doesn’t think this isn’t at least a 50% gain from this current share price by the end of the calendar year really needs to think harder! I am loading as much as possible! Easy money at this point…
Question: When will new Court Hearing date appear on docket?
I keep checking the Court docket looking for a new Hearing date. Do you think it will be posted when settlement is signed or might it appear earlier if Judge feels he needs to find out what is happening (say 60 days after the case continuation was declared)?
Kinda liking the chart here. A break of .0026, challenge the recent high of .0033, then off to the 200 dma @ .012. There is a gap @ .0096 that needs to be filled. Could coming news coincide with this price action?
We have close to 60 million locked up in our discord. Come join if you want to. Everyone is welcome even bears. I do believe majority is in very few hands too. Most likely Franks and Hovendicks inner circle. They’ve had 5 months to accumulate at rock bottom prices
People are buying millions of shares without any fear! I truly believe that 85-90% of this float is owned by less than 5 individuals. Fortunes are gonna be made here…
Prior to the injunction stuff $JPEX was regular shorted about 41%. More than likely they covered, however, cannot tell if there is an outstanding naked short position. No data.
If news breaks and it's something good coming in, we will find out fast if they have to cover.
If I had some spare change, I would leave some in my account for such a possibility. Not a guarantee that we will get a head fake, but looks to be setting up that way.
Could it already be baked in~? Yes, it may just blast off. Just "be prepared". Head fake right before news and buy more.
only fools would have stop losses in place to jeopardize losing their shares
I agree, but I see it all the time in many solid plays. Never had them and never will have them myself.
Also, one more thing to consider that was posed to me by another who works on Wall Street concerning $JPEX before the injunction and share price crash.... a naked short position where manipulating downside pressure through dark pool trading. I leave nothing out of the realm of possibility these days. This person seemed legit to me, and he may be back at some point should this ticker get legs. This is the corrupt market we deal with now. The house has stacked the deck against retail investors.
At this stage of the game, only fools would have stop losses in place to jeopardize losing their shares…. I don’t think there are many out there… If any…
Lighter volume tells me the stage is being set. Folks are waiting on something, then volume will explode as remaining stop losses get taken out, then the march up. All in my head fake experience opinion.
Yep. Let’s hope settlement is signed soon and people don’t get confused with court dates. Settlement signed and immediately afterward injunction lifted and waiting on merger reveal
To address Jaymans post which I believe it’s true. I think a good analogy to the 90 day continuance is building a house. You can look at the situation two ways. The pessimist way is that “oh no it’s gonna take 90 days of doing nothing before they even start to build the house and my money is gonna be tied up and I’ll have to wait 90 days before anything happens or You can take the positive realist approach and say in 90 days my house will be completely built. Very soon the contract will be signed which will be frame of house and each day we will start to see improvement with settle signed injunction lifted merger partner revealed and then 90 days the whole house will be standing and price could be $.02 to $.05. Once we get settle signed our basement and frame of support price level will go up to .006 to .008 in my opinion and we will keep building it up from there.
That greatly depends on the thickness of the bid support! Market makers have to sell into the bid and they won’t drop it unless it’s beneficial to them to come out on the winning end! The float is basically already locked up so there will be limited fluctuation at this point….
Before big news (IF,WHEN) look for price to dip on HUGE volume. Head fake into a run. Have seen it many times before in 30 years trading. Good luck all.
This current share/floor price of .0019-.0021 is where 90% of the entire float was absorbed after the sell off a few months ago! I am gonna get a couple more million here just for entertainment purposes…
I'm almost through trying to guess what's going to happen next in this case.
Me too chemist.
Going to zip my mouth for now until I see something definitive in the "Events and Hearings" section of the Case Information* file.
I am right behind you on that chemist72.
This play is making me manic. Going to concentrate on volume and price action. As for the "agreement", now predicated on certain conditons being met. Tell me again, who owns this shell~? Frank or HD~? How can one have this much juice~? Tell me. Unless......... something not adding up here. Just my opinion. Does not seem Kosher unless Frank is the most forgiving guy in the world. Beyond me. Totally.
In some contracts, this means that one party promises something in exchange for a performance from second party. The action of completing that performance fulfills the second party's obligations in the contract.
There is much more to this then we know, even with the filings. Still not convinced HD doesn't have some sort of leverage here we do not know about. Certain parts of this make no sense.
Its apparent that a settlement has been reached between the parties. According to Court statement posted by Jayman ( https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169569595 ), Hov's lawyer advised Court that settlement needs to be finalized and time is needed "to complete performance".
I take that to mean that there are certain actions specified in the settlement that need to be performed in order to finalize the settlement.
Yes I know you have to go to court to remove it. My point was and I probrably worded it wrong was that settlement will automatically cure the reason for the injunction not that it automatically removes it but once settlement there is no way to argue for it to be on any longer
An injunction involves a court order. One has to go to court to alter or remove the order. The settlement alone would not get rid of it. They can schedule an earlier court date once the settlement is reached.
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