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I remember year and half ago went up almost 4 penny's on just 10 mill volume then it was low keel but now you see 50 or 60 mill and down that tell u some thing here FK dilution or crossing shares .
Not sure, this has died is what I do know….hasn’t moved in days and barely any volume, no tweets, nothing…..
I wonder about all these contract in Africa with hundred of millions if this true stock will be above dime by now but there is if here unless they show other wise bunch a crab .
Yet another Dead otc ticker…..
Hoping for a move this next week!!
Agreed. Faucet needs to be turned off.
OS sits at 877mill right now and not sure how much of the current offering has was already diluted as part of the 680 mil OS in February but there's probably 100-200 million shares left on the S-1 to dilute.
Yes, you are right! O/S i mean.
They NEED to let this thing RUN hard before they dilute again, now at 52 week low!!
Sounds like he is referring to the outstanding shares which are increasing with the dilution not the authorized shares because 680 million he referred to as AS probably was the OS in February.
A lot of the active S-1 (500 million shares) has been diluted but they can always file another one.
Shares are getting dumped now! Not looking so good for at least short term.
52-Wk Range
0.0018 - 0.0128 they better start pumping HARD!!!
The response was not that encouraging as I was hoping to be - seems to me they are struggling themselves to get paid somehow. Increasing the authorized shares is not a way but would lead to more dilution IMO.
Just keep stacking those millions on the ask...this wont go anywhere.......geez is this a new low????
The projected financials with projected revenues and explanation of how the projects are funded are noteworthy.
As long as there is an active S-1 there is going to be dilution. If they want to offset the impact they need to give more background as to size and type of future projects/revenues to sustain interest in the stock.
This is an email response I got from Fernando Sopot today, thought to share with everyone here.. any thoughts?
Greetings!
I got a response from Brother William, our ZICIX Chairman with regards to your email shown below. I forwarded your email to him.
His response was very simple. He asked me to focus more on building ZICIX as a company of the future. He knows that is where I am focused. However, I want to get his opinion on the issue of dilution. And you are right, while my team is pushing to get more business for ZICIX, the stock price of ZICIX is not progressing. It is in fact going down. I find this not just absurd, but it seems our hard work does not produce the right result.
And so William said, there must be "fresh investments", into the company to support the price build up of the stocks. Increasing the Authorized Capital Stocks will certainly dilute the percentage of ownership of stockholders. No one is buying nor selling. While the business is active, the stocks activity is not strong enough to increase the price.
I spoke to one of the stockholders about two weeks ago. The same issue, about dilution. He said he owns 1.7 Million shares of ZICIX. At that time when he acquired the stocks the Authorized Capital Stocks was only 680 million, which was fully subscribed according to him. His ownership interest is about .oo25% of 680 million. Since nobody is buying nor selling at that time (before I joined in February 2022), the company was sourcing out for new investments. The only way is to increase the Authorized Capital Stocks, to be able to sell stocks that are considered outstanding or available for sales. Even now nobody is buying or putting an investments into ZICIX.
Personally, I dont get any salary nor an allowance, since I joined in February, as President and member of the Board of ZICIX. I understand the problem of ZICIX. I continued to work and link our CTIP-FII business activities to ZICIX to help increase the price of ZICIX Stocks.
We swap shares between ZICIX and CTIP-FII my company. William made me President of ZICIX when I was appointed in February 2022. Since February, we are able to resurrect ZICIX as it was clinically dead. We are now bringing in very good and viable projects to ZICIX. I have asked our CTIP-FII Accountant to prepare a projected financials, which will indicate future revenues.
Bottom line, we need fresh investments for ZICIX. The projects we are doing are not relying on ZICIX to fund the projects. They are Government Infrastructure Projects, that the Government and CTIP-FII in our capacity as Project Developer, have a way to source funds legally. I can discuss this with you more by telephone, since this email is getting longer if you wish to know the details of the funds.
Not looking like a $300 million deal happened here…..
Maybe it is a sign of storm coming when everything goes silent. Let's hope for the best.
Someone posted going to $1 lol someone opinion lol
Volume just dried up here......
ZICX moved headquarters to New Mexico:
https://www.globenewswire.com/en/news-release/2021/07/28/2270363/0/en/ZICIX-Corp-President-Ramiro-Jordan-Announces-Vision-for-the-Future.html
Indeed - good ingredients for a nice run with the right volume.
Awesome resume! - ZICX in good hands - hopefully we recover soon and make new highs.
ZICX CEO Dr. Ramiro Jordan's resume:
http://www.ece.unm.edu/faculty-staff/electrical-and-computer/cvs/ramiro-jordan-update-4-7-22.pdf
35 years at University of New Mexico Engineering Dept.
Large grant funded projects (past and current):
S1 offering is @ .002. Zero incentive-to-sell-below.
https://sec.report/Document/0001683168-22-001479/
Watch this dilution drop it under .002
Massive diluted pig scam for the last 10 years
$TXTM just bounced back today from .0023 to .0035 high w/o any News after hitting a very bottom level I see a similar rebound coming with ZICX.
Lets see a bounce cause this should NOT be down here at this level!
i agree! Not sure what is holding us back but the charts are screaming for a huge rebound from the bottom levels we are sitting in now - I am holding in with strong patience.
Needs to get going some anyways, long ways from that .01 mark! Shouldnt even be under .004-.005 with this news.
I believe the $300m deal will play soon into the current PPS...making this move above .01. IMO!
This is Huge to know! I was not aware how talented the ZICX CEO is...good to hear.
Just appointed in February, OTCMarkets not updated:
https://financialpost.com/globe-newswire/zicix-corp-names-new-president-ceo
ZICX CEO is Dr. Ramiro Jordan who is-the-Associate-Dean-of-Engineering-for-International-Programs-at-the-University-of-New-Mexico:
http://www.ece.unm.edu/faculty-staff/electrical-and-computer/ramiro-jordan.html
$300million deal= .0021 PPS?????? really???
You been negative since you arrived on this board!
Going to dilute this down to .001
When is the Penny run? Or at least .006?!!
Trying not to believe that but it is the otc
I want to keep adding but it’s tough not knowing what the company plans are.
I want to keep adding but it’s tough not knowing what the company plans are.
Yes! .006-.008 should be our first stop once this starts moving (once dilution is over, if happening) - $300m contract should take us into multi-pennies and beyond. Anyways, we are sitting at the very bottom and it should be rising up up from here. IMO!
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