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yes, restricted flowing in. but interest is also growing. dumping has slowed down from just after open. those are my positive takes on this ticker. took a modest starter earlier. watching buy to sell ratio increase before adding.
the os is incredibly low and no notes on the books as of Nov 30 2021 according tp quarterly. so those are the pluses besides 200 mil authorized and they do have some revenue. could go back to .10+ on those stats and more if they drop news after the dump is over.
Try to average in if you have funds - that way if it bounces, it doesn't have to go as far.
Of course if it doesn't bounce, then you lose even more money.......
So what.. they pumped it up so all the restricted getting dumped would be worth more..? What a colossal dump these past few days... quite sus.
Added .02 lol how much further are they gonna send it
u think we see a bounce? 3 day rule
yes, i noticed that too. the sellers still have about 25 mil to convert at .005. they are trying to wait for buyers to dump more but I think people should make them dump lower since they have ready taken it down 90% for done buyers. force them to convert and sell closest to the floor price.
My cost basis if .05 but that's my fault. Stock does have history of violent swings, albeit much lower volume.
conversion floor is .005
waiting for subpenny now. looks like salaries converting as well. Another 30-40 mil in sell volume coming before any bounce probably. No convertible debt except to zu and for $100k in salaries.
Brutal man. Who is buying.
waiting to see if the seller is done tomorrow. then will wade for a bounce double.
even if it bounces 2 cents, that would be good
No...of course i did not believe him. You can see my post history questioning and countering his pumps.
I do have a serious question for any true investor here. They supposedly released an app on the Google play store recently but I could not find it. Was it ever released? Read it from one of their PRs
lol lol lol you didn't believe hondaboost when he posted that, did you? check his history here. he is a promotor that doesn't put up a disclaimer. he is paid by third parties to pump stocks so they can convert and dumnp. in this case, it looks like the insider zu is dumping $99k worth of stock at .005 value, which means he has 20 mil shares to get rid of. probably will push the price to .02 depending on how many buyers step up to absorb them. after that, the stock might return to .07-.10, depending on if there is any story forming here. waiting for .02's to test the waters.
What happened to the institutional investors that believed in this great investment with potential to $1?? LOL
So is this stock done? I took a flyer @ .05
zu is getting $600k-$800k return for his $99k loan to the company.
no, it says 70% discounted if the note is converted before the due date. after the due date, it's a fixed conversion price of .005. it's past due date. that is why you are seeing millions dumped. he gets 20 mil shares at .005, which gives him $100k that he is owed. whatever he sells those shares for above .005 is gravy to him.
not even a grain of salt. the guy does not even use a disclaimer to tell people he is paid by third parties on various stocks. notice how quickly he left after the pump.
I believe it’s only at 70% discount unless that discounted price is below .005
Plus whatever shares paid promoters got they’re likely dumping. Plus MMs shorting and manipulating maybe going on too
I will take all his posts with a grain of salt from now on.
looks like hondaboost may have been paid by zu (insider) to pump so he could convert $99k in shares at .005. that is 10 million share conversion. and then he can sell them at 10x, 20x, and 25x conversion price. that is what is going on now. check last quarterly report.
I stopped watching - wow!!!!!
Today was the dump. Look at that!
Incredible. It was obvious. Happened a little later than I had expected.
Also buying down here.
hondaboost pumped it so the person who paid him could dump.
this was a pump and dump. hondaboost was paid by a third-party seller. that is the only reason he was pumping this. he was given shares at .06 and allowed to dump at .12 and .13. he does it every where he posts. never purchase a stock he is pumping, because he is usually being paid by a big third party seller.
Sky i Added .05
Anyway, I bought at $0.06, it's already been doubled. LOL!
Pump and dump???
I don't think there is any question..............
I think the only question is who is pumping it?
ASCM is here - game over..............
Can you please tell me what happened to the CBD app they released? I don't see it on the Google Play store as PRd in November. I don't see one matching to this company.
Nothing to do with SKYI?
They released an article pumping it up for today's trading. Very relevant.
Why are large blocks of shares being sold during this promotion.
Why were large blocks bought last week quietly with no news?
Pump and dump!
Nothing to do with SKYI at all. But, if you believe it, then just leave without worry.
Institutions do invest in OTC stocks. They only need file the form 13 when their holdings are exceed by 5% of O/S.
This is the company that produced the news flash for the stock.
https://www.pennystocks2021.com/
I don't have direct link to the article.
My friend sent me a screen image and I cannot post here using the Ihub mobile app.
That website is paid by the companies to create the stories.
"This website and its reports are for general information purposes only as we are engaged in the business of marketing and advertising companies for monetary compensation."
So, can you please post the link for
" penny stock newsletter" which you said it's promoting ???
Institutions don't invest in OTC stocks.
Institutional investors have to file a form 13 with their entries and exits. There are none for SKYI.
Since you had me digging...i see on OTC Markets...it has the promotion flag designation. That means this is being pumped and promoted by paid promotional methods.
Hence why the penny stock newsletter is hyping it. And why someone might post this is going to $1. LOL
SKYI, 1-year High: $1.01. High as $3.38 a while ago.
O/S and floats have Never been increased, this means it isn't a dilutor.
Wrong. The buying strengths are so strong and huge, they aren't the retail traders, but some big institutions.
Last week someone posted on here they saw 2M shares being bought and there has been no news. Why the mysterious buying?
Yesterday, a penny stock promotion notice was sent out hyping up a secret play to be announced today.
This AM another article was released announcing this stock as a winner, etc....and if you can watch Level 2 trading....the Ask had large chunks of shares for sale. Once they got bought, another large chunk would show up slightly higher.
This is typical behavior of a pump and dump. At least the shares were not "dumped" on the Bid. But that can still happen in a few days if the volume dries up.
Followers
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7
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Posters
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Posts (Total)
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152
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Created
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05/22/14
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Type
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Free
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Moderators |
Market Value1 | Not Available | |
Shares Outstanding | 110,022,572 | a/o Apr 09, 2014 |
Float | Not Available | |
Authorized Shares | 75,000,000 | a/o Aug 31, 2013 |
Par Value | 0.001 |
Shareholders of Record | Not Available |
Ex. Date | Record Date | Pay Date |
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Short Interest | (%) |
Significant Failures to Deliver | No |
West Coast Stock Transfer Inc. |
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