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on watch for a move, company put out really good numbers last quarter, may do so again. GLTA.
Maybe so or just a coincidence?..Maybe they know that it was getting sold
down on shorted shares that were not issued yet.It happens.The funders short it
knowing they will have the shares to cover...unless like TKMO they cancel the 1 A
GM to all. Hope today is the day.
Just noticed we traded 70 mill shares but only went up 1 tick. Smh.... Hopefully these guys turn the faucet off for a little bit or at least down.
If no more dilution, this can hit easily 0.03 cents easily.
This is going to bounce ! Buying AM
And Yes, we got no 4s today.
Looks like MMs mopped up yesterday's Bear attack.
Is that it, or will we see another?
Now watch this run to 8 again to set up the next take down.
I'm gonna sit my $ @ 4 still.
I could use those 5s but this cant hold gains.;
So, no OS increase from today onwards?
A lot of buys today . Been watching
Yhaoo!!!!!!!!!!!!!!! I will buy more.....
No more dilution per offering.
What is the advance (Withdrawal of reg A) to the company?
Even though My E-mail was Blocked yesterday, perhaps they read it 🤔
---------------------------------
The Letter
Could someone please explain how a security that has a par value of $0.001/shares sees big Block Dilution dumps @ $0.0004
The Company puts out Good news _ then beats up the Speculators ?
FINANCIAL UPDATE
In the second half of 2023, Tekumo reported revenue of $2.23 million, achieving an annualized revenue run rate above $5 million in Q4. Significantly, the Company reported positive net ordinary income in Q4.
Phillip Dignan, President & CFO states, “The first quarter of 2024 continues to show impressive year-over-year growth. We have integrated a managed services division that has signed multiple contracts scheduled to begin in early Q2.”
Mr. Dignan continues, “We have also reduced our convertible debt balance by over $400K, continuing to improve our long term balance sheet.”
We encourage you to read our annual financial statements and notes for the year ended December 31, 2023, filed March 14, 2024 with OTC Markets.
https://www.otcmarkets.com/stock/TKMO/news/Tekumo-Announces-Record-Growth--Revenue-in-Q4-Results?id=433385
One would think on Great news the Company would encourage the pps to ride up in order to dilute less shares at a higher price,and less aggressively
The Share dumping is what scares off the buyers, which keeps the pps lower, which sets the dilution machine into a negative feedback loop
Paints a negative image of the Company, No One wants to Hold their shares, which increases sell volume/pressure, which in turn competes with your need to sell shares
It is just shooting yourselves in the foot
And it just makes the company another Bad actor in the OTC, which is killing the OTC
Put less in your Pockets, and more in the Company
Just my Opinion
Regards
xxxxxxxxxxxxxxxx
Withdrawal of reg A.
We are having these high volume days, something’s gotta give soon.
screw it i slapped today
60M in volume, awesome. Now let’s see those Q1 numbers!
The Company is requesting the consent of the Commission to the withdrawal of the Offering Statement as the Company has made a decision to not pursue the offering further at this time while we evaluate our plan of operations and narrow the focus of our business.
The problem is it's an easy mover both ways!!
Looks like easy mover
Remains fairly thin on the Ask!! Could float back to. 0008!!
HERE WE GO!!!....BUYS FLOODING IN...HOPE SHORTS ARE FUKKED!
The Offering Statement has not been declared qualified by
the Commission, and no securities have been sold
https://www.sec.gov/Archives/edgar/data/1946585/000121390024040692/ea0205547-1aw_tekumo.htm
I think that move is a prelude of some kind of announcement or something, planned and timed right before the q1 results, very interesting and exciting!
$TKMO « requests the immediate withdrawal of its Offering Statement on Forms 1-A POS »https://t.co/mDlnGcK5DU
— The Mercenary Monkey (@monkeywar22) May 8, 2024
hoping if thats ths case and the funders were shorting it down in
anticipation that they will have to cover.Watch GTSM imo
Great let’s go!!!!
Yes. That is.
At this point I'll ride my shares into the ground.
THats interesting they have decided to withdraw the offering moving forward.
Now thats a positive.
E-mail Blocked _ Intent to dilute is Now Clear _ imo - fwiw
SONG is a scam, this one might turn out to be a dead spiral, we’ll see. Place your bets…
Caveat Emptor _ Looks like another SONG/KEGS dilution machine _ Par Value of the Stock is 0.001 they are dumping 0.0004 🫣
News events will be Worthless here now _ unless it is reducing the A/S by 3 Billion _ imo
Sucks
xxxxxxxxxxxxxxxxxxxx
I've noticed you've been absent and quiet since singling me out for posting the real real. Interesting by my take. I call the CRAP as I see it. Longs best " Hope" for a clear and definitive bottom. Wouldn't surprise me to see accelerating dumps with the big r s thereafter. Typical OTC sop CRAP.
Was that the courtesy flush. God knows it stunk.
So .0004 is a thing now. 62m on the BID
Who has enough to fill that?
Who wants to BID sit behind that in the Que?
4s sure would feel good.
Could that be the last of the CD shares?
Take all 62m and be gone.,
As Joe Biden would say, "Well son of a Bitch, he took 'em all"
.0003 up today?
Is there anything left on the OTC but chasing a rebound? Geesh...
Clearly dilution. I took a flyer on this after the last news release. Glad I didn’t go to crazy - company now silent and diluting. Typical.
Some news and direction would be nice to help absorb all of the dilution going on.
Otcn continues as business as usual. Let it breathe and jam the ham..
Got a few 5s today.
No reason to slap when they are unloading 33m into the BID. That's not a few frustrated retail guys.
4s can not be too far out
That's one hell of a nut. Not your normal retail penny stock buy.
They must have filled all the 5s being offered.
4s look thick.
I should go for a few of these 5s too
The que is thin
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