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Without news this is going nowhere. Please be real.
Paint drying we should go up soon
Longs will win in a landslide here. SYSX is gonna be the next NVDA!! Period.
If they don’t do the RS they are out of business. They have millions in debt and no way to pay it. Only amateurs lose control of their company. Meaning the insiders always keep enough stock to pass whatever they need. All you need to do is read their last Q. You will see they are dead ass broke. They need the increased PPS the RS would bring to pay the bills with shares. As it is they can’t pay anything. They’ve maxed the AS and if they only raise it, after about 60 days of relentless dumping to pay debt you’ll have billions of OS and the PPS will be .0002 or less. A little DD and common sense goes along way here.
I do not care about something that is almost impossible without enough votes and
1 month far away
494,543,611 / 1000 = 494,543 shares
No way!
This was your answer, you will never get any other from me!
You really want to short a Company with no possible dilution for more than 1 month
with these parameters? :
- O/S - 494M
- Revenue $16,5M
- Government Contracts $26M
- Ostendo deal still in progress worth $45M
- with filled gap
- trading @ 10% from just a fair value
ill ask again: is 1000:1 Reverse split possible after the meeting on 09/22/22?
stop avoiding the question - its really simple answer: Yes or No?
Really ??? IF ???
SO AGAIN FOR YOU:
NO CHANGE IN SHARE STRUCTURE MINIMUM TILL 09/22/2022 !!!
how much do you think the stock will drop overnight if they find a way to push through a 1000:1 reverse split? -99% and thats an absolute guarantee. The fact that they are even considering 500 to 1000 reverse split... should tell you how much management really "cares" about common shareholders!
After 09/22/2022 is just a vote...
But with these delays I bet that they do not have enough votes !!!
Another important thing:
Abstentions and broker non-votes will have the effect of a vote “against” such proposals.
I see no pumpers for the moment, they are mostly gone. They did there job. But whats yours?
Answer this: is 1000:1 RS split possible AFTER 9/22/2022?
------------------
Till 09/22/2022:
No A/S increase is possible
No Dilution possible
No R/S possible
my point is that i dislike scam CEOs stealing money from common shareholders (by reverse splitting / diluting) and clown pumpers who line their pockets .
So whats you´re point... if you don´t like the stock. Move on.
so are you saying that A/S increase, Dilution, R/S are possible after next meeting on 09/22/2022?? LOL
---
No A/S increase
No Dilution
No R/S
is possible till next meeting on 09/22/2022
but nice try!
No A/S increase
No Dilution
No R/S
is possible till next meeting on 09/22/2022
but nice try!
see DEF 14A … you are the one who can not read apparently
the company clearly indicated what it is they are trying to do:
https://www.otcmarkets.com/filing/html?id=15894265&guid=Qp1-kKeJP7qqJth
3. To approve the amendment of the Articles of Incorporation to increase the total number of authorized shares of Sysorex’s capital stock from 510,000,000 shares, par value $0.00001 per share, to 3,010,000,000 shares, of which 3,000,000,000 shares will be designated as common stock and 10,000,000 shares will be designated as preferred stock;
4. To approve the amendment of the Articles of Incorporation to effect a reverse stock split of Sysorex’s outstanding shares of common stock, par value $0.00001 per share, at a ratio of no less than 1-for-500 and no more than 1-for-1,000, with such ratio to be determined at the sole discretion of the Board of Directors, with any fractional shares being rounded up to the next higher whole share (the “Reverse Stock Split”);
Maybe, maybe not. Time will tell who´s right or wrong, the people that holding and loosing every day more and more or the people that sold or bash.
Dilution and Reverse split coming: There is no indication whatsoever from the company that they are not going to go through with the massive AS raise and 500 to 1000 Reverse split. The company intends to dilute common shareholders.
3. To approve the amendment of the Articles of Incorporation to increase the total number of authorized shares of Sysorex’s capital stock from 510,000,000 shares, par value $0.00001 per share, to 3,010,000,000 shares, of which 3,000,000,000 shares will be designated as common stock and 10,000,000 shares will be designated as preferred stock;
4. To approve the amendment of the Articles of Incorporation to effect a reverse stock split of Sysorex’s outstanding shares of common stock, par value $0.00001 per share, at a ratio of no less than 1-for-500 and no more than 1-for-1,000, with such ratio to be determined at the sole discretion of the Board of Directors, with any fractional shares being rounded up to the next higher whole share (the “Reverse Stock Split”);
It is, but watching paint dry for 4 months has sucked. lol!
Waooo. Impressive!
They have 500 Gigahash of mining power.
NVIDIA V100 is outdated?
Ethereum mining calculator
https://www.coinwarz.com/mining/ethereum/calculator?h=500&p=2500.00&pc=0.10&pf=0.00&d=11859620909657652.00000000&r=2.00000000&er=0.07422513&btcer=21236.14900000&ha=GH&hc=0.00&hs=-1&hq=1
You post something from last December, lol. Why don’t you look at their financials and see what they actually mine, also the type of mining equipment they have is no longer being used. You need to get up to date! SYSX is broke and without the RS they are can’t pay their substantial debt and will most likely be forced into bankruptcy.
August 31 next chart opportunity (one month consolidation), gaps filled just waiting for September for time frame pressure to build up basically.
Very exciting times ahead for all of us longs for sure!
$SYSX
10-4. Thx Mr.Deano
Nice chart! Thanks!
Glad you put him to rest on his false posts.
In for a little reg sho cover ;) tic Toc lol
TTM Digital Assets & Technologies data center houses the majority of its approximately 500 Gigahash of compute capacity.
WITH 500 GIGAHASH THEY ARE MINING 7.28ETH / DAY
Ethereum mining calculator
https://www.coinwarz.com/mining/ethereum/calculator?h=500&p=2500.00&pc=0.10&pf=0.00&d=11859620909657652.00000000&r=2.00000000&er=0.07422513&btcer=21236.14900000&ha=GH&hc=0.00&hs=-1&hq=1
THE ETHEREUM COMPANY
https://www.ttmdigitalassets.com/
TTM is a pioneer in the Ethereum mining sector. An early adopter recognizing the power of the Ethereum network, since 2017 we have mined ~15,000 Ether (ETH), the currency fueling Ethereum. TTM owns and operates more than 12,000 NVIDIA GPUs, securing the blockchain and generating ETH around the clock with industry-leading efficiency. Our strategy is to amass and retain large quantities of ETH through mining activities and strategic transactions.
20 BEST Cryptocurrency to Mine with GPU - Most Profitable Coin
https://www.guru99.com/best-cryptocurrencies-mine-gpu-profitable-easy.html
That's some damn good DRIVEL!! Largest in the Usa Gpu's are needed in driving VR SYSX$$
yes, that's what all DD states and that he also can't have a higher voting power assigned to preferred as others have pointed out
Precisely. So at this point, all douchebag WW an do is delay and delay hoping those who didn’t vote, vote! And in their favor, enough to trigger the a/s r/s approval. Did I get that right?
point blank they are wrong about the vote theory. Only part of that theory that works is they can get cheap shares on open market to satisfy their hunger for cheap shares, but volume doesn't support that theory IMO
SYSX will take off any day now!! Period.
All this talk bout weak hands selling and mgmt n cronies buying to get the votes theory- someone esplain how would that work ? Because I was told only peeps bought before 5/25/22 are eligible to vote. I bought on 5/27 first time so I can’t vote as much as I want to. So how is it that new peeps will be able to vote ?
Serious question need serious answer.
Hey Mad. Just wanted to let you know I got your PM. gave up my paid membership as a statement against the machine, lol. All is good- still trading as much as ever, I just don't post much about it. Still pretty much all in on $RG*P. Hoping that patience once again pays big. Now that I got the back done,https://www.instagram.com/p/ChAW5rRuopa/?hl=en need to start thinking about the front, LOL
You think to much. It was a pump to dollar but didn´t made it
Well , That will make it easier to average down.
It might get there.Very bad communication skills being displayed by management.I think they want this to tank to absorb more shares for the vote and transaction.
People paid 3 cents for this in early August?!?!? How's that working out about now? LOL...another "adjourned" meeting for a month.
This crap should be trading at trips...........
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