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Now they are working on the 9/23 options
Seems like they would have done this Friday...hmmm
Yes and now we wait for positive news developments out of the court case after the judge sanctions Colucci and forces him to step down as Co CEO
You are pretty much right on the nose with that call.
But we have options expiring again on 9/23 and 9/30.......
So will there be this continuous downside pressure?
If he is power battles then how come power battles doesn't post here?
$BBIG short sellers only have until the close of trading tomorrow to short this down below the $1 strike price threshold for call options. If they can't get that accomplished, this may be the first time in history that options Traders actually make a little bit of money. Once we are passed options expiry tomorrow, it's going to be green light City starting Monday and I have a feeling that we are going to go on an a parabolic epic journey as soon as these positive Court developments are made public.
For those of you wanting the up to the minute Court updates...
Court update thread
And yet another week where we are only acknowledged by Team Ted & Team Miller while at the courthouse 🤷♂️ #Nolucci crew still as oblivious as ever 🤦♂️ #BBIG $BBIG #Lomotif
— MellowCelo (@HodlTheBlunt) September 14, 2022
Yes i hate TDAMTD's L2 for that reason but i think its just their mobile platform
Yes, the bid/ask sizes are large, but the trade sizes are in small lots.
Interestingly, on TDA, they are only reflecting the top MM bid/ask, and not the total of the top bids (total of all the MM's at that price)
With the size of these orders on the L2 one would think that we were hitting 100 million today.
Peeps all want to post elsewhere now days it seems.
177 followers of this stock on IHub versus almost 30k on the Reddit BBIG page so naturally there won't be near as many posts..
I'm at 2xxx shares and been in this one for some time averaging down the whole time.
No Smilin_B...I am just a slow keyboarder...so a don't usually post when I am watching charts and reading your posts...LOL
Yeah I would imagine that if there were no posts on Reddit, stocks wouldn't move either
No you are not. You are just the most talkative LOL
Keep up the good work.
$BBIG $1.13 starting up and I'm the only one here watching this thing
I'm actually surprised we are holding these levels with options expiring tomorrow at the $1 strike. Let's see if short sellers can try to Ram it down or will Long's win? Either way, we are going exponentially higher and it's going to be a violent run at some point in the very near future
WOW!...that was great...the detail and depth he covers the short exempts...the charts...and the court case, Coluccii and Ia-Pros scam...he is a scholar....his alias is PowerBattles here on ihub.
This video is going VIRAL all over the net on $BBIG
You ALL have to watch it in it's ENTIRETY
"They" (whoever the are) are doing their best to get this trading below $1/share to force the $1 & $1.50 call strikes to be worthless.
But, mm's will soon be out of control by the beginning to middle of next week
I remain quite bullish
This is the absolute best and up-to-date video analysis on $BBIG
This Trader knows exactly what he's talking about. It looks like we are literally days away from a monstrous short squeeze as market makers begin to lose control
Way back when, there wasn't this plethora of options, literally every other day expirations, every point strike price.
It really screws up the market action. Forcing prices to max pain price etc. It's now basically a computer game.
Yea...those options most likely will be a spoiler for this week.
That could be a good motivator if that was pulled off.
If this wasn't options expiry week, I don't see anything wrong with your hypothesis
It's incredible the volatility. I should be trading it but I promised myself I would do nothing but hold till after friday to see if short sellers were able to force the $1 calls to be worthless on Friday. Then I was expecting some type of news next week to propel us upward. But it certainly would be interesting if the true Longs of this stock continued to bid up the shares so that everyone could be in the money on options Friday
I was kind of hoping for a pop to the 1.25 we hit the other day
Yes i know...and quickly back to 1.09...but now it is at 1.12
$1.11 x $1.12 now
Well it did hit $1.14 after you posted
Well I guess we got our answer...like you said ..not much.
Probably not much if the intentions are to have this close below $1 on Friday. Stranger things have happened however
There is a wall at 1.10..wonder what will happen if that gets broken.
Since Colucci's team, apparently, walked away from a settlement last week, don't be surprised on news anyday that he agrees to a deal. Colucci knows shareholders want him out so just a matter of time. His rep is ruined with this company.
$1.11 x $1.12 now
Let's see if these call option holders are willing to support the share price to prevent a close below $1 on Friday. That would Bode extremely well for this stock
They ran all the stops clear down to $1.01 and it just had one hell of a bounce. Let's use this as a working example of what happens days ahead of a $1 strike price options expiry
Looks like they are taking her down to sub one status at some point this week. Probably even today. It's incredible the strength that these short sellers have
Yes indeed. Every single time we have been trading down here in the trenches, the share price tends to go parabolic. Unfortunately due to options expiry this friday, we all know the game that is about to be played so that those options expire worthless. It's 100% complete manipulation. Let's see how much Firepower the shorts have. I'm not selling and have stated this over at the other forum. I truly believe that we are going to have some positive news out of the court system. Colucci has to go and the company needs to move forward with its earnings release obligations and press releases concerning Lomotiff/Adrizer/Tik-Tok. Ever since this court case, everything appears to have been put on the extreme back-burner
Thanks! Another court date scheduled for Sept.28 but too much potential for a 300% move here not to ignore what's happening with the courts and Tiktok.
It appears as if the powers that be want the options to expire worthless by Friday so... whoever the powers that be are...will make every best effort short this down below $1.
Thank you TRADER99
This is the type of information Exchange we should have had here all along. I tried to share as much due diligence as I possibly can with everyone so your info is greatly appreciated
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Item 1.01 Entry into a Material Definitive Agreement.
As previously reported by Vinco Ventures, Inc. (the “Company”), pursuant to that certain Securities Purchase Agreement (“July SPA”) dated as of July 22, 2021 by and between the Company and an accredited institutional investor (the “Holder), the Company sold to the Holder notes (the “July Notes”) and warrants, of which 30,258,848 remain outstanding as December 20, 2021 (the “July Warrants”). On December 20, 2021, the Company and the Holder entered into a Warrant Exercise Agreement (the “December WEA”), whereby, the Company and the Holder agreed, subject to the satisfaction (or waiver) of the conditions set forth in Sections 4 and 5 of the December WEA, (i) for the Holder to exercise 13,634,685 July Warrants (the “Exercised Warrants”) representing the right to acquire shares (the “Exercised Warrant Shares”) of Common Stock, (ii) for the Company to issue additional warrants to purchase up to an initial aggregate number of shares of Common Stock equal to 225% of the number of Exercised Warrant Shares at a per-share exercise price equal to $3.2653 (the “December Warrants” and, together with the July Warrants, the “Warrants”), all pursuant to the terms and conditions set forth therein, and (iii) to amend (A) those certain Warrants (the “September Warrant”) issued by the Company to the Holder pursuant to that certain Warrant Exercise Agreement dated as of September 1, 2021 by and among the Company and the Holder (“September WEA”) and (B) those certain warrants (the “November Warrant”) issued by the Company to the Holder pursuant to that certain Warrant Exercise Agreement dated as of November 11, 2021 by and among the Company and the Holder (the “November WEA”). The December Warrant is exercisable by the Holder on any day on or after the date the authorized number of shares of the Company’s Common Stock is increased to at least 400,000,000 shares (the “Initial Exercisability Date”) until the fifth (5th) anniversary of the Initial Exercisability Date or, if such date falls on a day other than a Trading Day (as defined in the December Warrant) or on which trading does not take place on the Principal Market (a “Holiday”), the next date that is not a Holiday.
The proceeds to the Company from the exercise of the Exercised Warrants were approximately $36,200,000, before deducting certain expenses incurred by the Company in connection with the December WEA and, including, but not limited to, expenses of the Holder’s legal counsel. The Company intends to use the proceeds from the Exercised Warrants to, among other things, fund a portion of the acquisition of AdRizer LLC, which was previously announced in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 7, 2021.
Subject to the satisfaction (or waiver) of the conditions set forth in Sections 4 and 5 of the December WEA, (i) the Holder shall pay to the Company an amount equal to the Exercise Price (as defined in each Exercised Warrant) in effect as of the date of such exercise multiplied by the applicable Exercised Warrant Shares, (ii) the Company shall issue and deliver to the Holder the Exercised Warrant Shares as set forth in Section 1 of the Exercised Warrants, and (iii) the Company shall issue and deliver to the Holder December Warrants to initially purchase an aggregate number of shares equal to 225% of the number of Exercised Warrant Shares, which number of shares shall be increased by 225% of the number of any other shares issued to the Holder upon the exercise of other outstanding warrants or the conversion of the Company’s outstanding convertible notes prior to February 28, 2022, which number shall be subject to further adjustment as set forth in the December WEA. Additionally, pursuant to Section 7(o) of the December WEA, the reference to “December 31, 2021” in the definition of “Adjustment Date” in Section 19(c) of the November Warrants shall be replaced with “December 19, 2021.”
Additionally, the parties executed and delivered a Registration Rights Agreement (the “Registration Rights Agreement”), pursuant to which the Company agreed to file an initial registration statement with respect to the shares of Common Stock underlying the Registrable Securities (as defined in the Registration Rights Agreement) by April 15, 2022.
Pursuant to Section 7(m) of the December WEA, by no later than March 11, 2022, the Company shall file with the Securities and Exchange Commission a definitive proxy statement for a special meeting of the stockholders of Common Stock (the “Stockholder Meeting”), soliciting each such stockholder’s affirmative vote at the Stockholder Meeting for approval of resolutions providing for (i) the issuance of all the shares of Common Stock issuable pursuant to the December Warrants, including adjustments pursuant to Section 2(b) of the December Warrants without giving effect to any limitation on exercise set forth therein and without giving effect to the Exercise Floor Price (as defined in the December Warrants), (ii) approving any voluntary adjustments that the Company may offer pursuant to the terms of any of the December Warrants, and (iii) the increase in the authorized number of shares of Common Stock of the Company to at least 400,000,000 (the “Authorized Share Proposal”). The Stockholder Meeting shall be promptly called and held not later than April 10, 2022 (the “Stockholder Meeting Deadline”)."
Vinco Ventures (NASDAQ:BBIG) reported quarterly losses of $(7.59) per share. This is a 2430 percent decrease over losses of $(0.30) per share from the same period last year. The company reported $2.23 million in sales this quarter. This is a 11.50 percent decrease over sales of $2.52 million the same period last year.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved."
https://ih.advfn.com/stock-market/NASDAQ/vinco-ventures-BBIG/stock-news/86630439/quarterly-report-10-q
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