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The company is almost CFP. They just need to increase their gross margins. The acquisition will be by issuing shares. Most likely preferred and some common shares. They raised the A/S from 1B to 8B for acquisition purposes. The current O/S is only 883M.
$PRCX
Market Cap is $1M with $11M in revenues for 1st six months. This last note from 10Q is out as of yesterday. Company is penny stock exempt trading on OTCQB tier and SEC filer. Company is grossly undervalued and panic retail is out. Just need management to close an acquisition or give us an update on current operations. Looking for a huge day soon.
$PRCX
No 10Q. Was hoping it would be out over the weekend to meet the extension deadline. No news since May either. This is turning into a bad trade. My patience is wearing thin now. Might have to flip for one or two ticks like you. Time will tell. OTC market is a sh*t show these days. Much easier these days trading on the NYSE and Nasdaq exchanges.
$PRCX
Easy pump master. I would be thrilled with.01. Lets keep it realistic.
$CMGR
No volume. I own 3 times as many shares as trades so far today. I bought more yesterday but not today until volume picks up. Either way, we have bottomed. Waiting for volume or news to help. Either way, it is coming.
$PRCX
Break.0023 & we're in business. Nice day so far.
$PRCX
Level II is thin on the ask. MM CFGN hasn't been on the ask the past couple of days. It appears dilution has temporarily stopped and trading near 52- week lows. Just need some volume to get this kick started. Good news would definitely help that.
$PRCX
I agree 100 percent. I also own GV*I so I want this to be out of this world successful like TS*P.
$WNFT
Yup, live & learn & help others when you can. Couldn't say it any better myself.
$WNFT
How do you know it is a worthless company? I'm invested it is not. I'm looking to add more shares tomorrow as weak retail gets nervous or lack of patience. Now, that could be heartbreaking for them. Time will tell soon enough.
$WNFT
I agree. Either way holding for news or reversal.
$PRCX
I was also in CL*D but sold to early at .04. Cannot complain because I still made a hefty profit. I'm expecting PRCX to get back over .01 minimum. GLTU
$PRCX
Thanks bro. I know you are doing well. Keep it going. I will be in your State more now during the winters since I have family and friends down there. We will have to meet up for drinks then.
This is trading at near 52-week lows. OTCQB SEC filer and penny stock exempt. One big news release and we are over a penny easily with this share structure. GLTA
Not even close to a R/S. Only 635M O/S out of 8B A/S. Plenty of room for Acquisition also.
Crazy the PPS is this low. Revenue generating company with low share structure about to acquire another company. Penny Stock exempt and SEC filer to top it off. Anything under .01 will be golden.
Thanks Darkpool. I'll take the rest at .002 unless you want to give me some more.0019s.
I'm here to take your free shares. Lol - Another million for me. Much appreciated.
Are you selling for a loss at .002? I'll take them from you if you are.
That is good news. Thanks for the update.
$CLWD
Im expecting a close above .01 today. Retail selling drying up.
$CLWD
The only problem is the shares were converted at .001 and not .01.
$CLWD
Copy - thanks. I know for my company the FY ends on 30 Sep. Do you suspect that these shares have already been sold into the float and the company just filed the 8K late?
$CLWD
Good morning, doesn't fiscal year 2019 end on Sep 30th. My concern is why are these notes from December converting at .001. when the share price has been trading over .01 for a few weeks now. That is more than the usual 40-60% discount normally issued for conversions.
$CLWD
That is why I bought in today. Massive potential here and the stock is dirt cheap at the moment.
$SBFM
Already happened. Lol - Better grab some shares.
$SBFM
Correct. The RS already happened this past April. April 6, 2020 to be exact.
$SBFM
I would love to see an after hours 8K stating all previous convertible debentures are eliminated.
$KWBT
I added more today at .017. Still have 44K left of my order on the bid.
$KWBT
Yup, another one bites the dust.
$KWBT
Hopefully, that is the last tranche or something isn't sticking.
$KWBT
Any new notes would be restricted for 6-months.
$KWBT
The $2.35M in mature convertible notes should all be in the float now. We're at the O/S I predicted in my analysis back in February. GLTA
I'm calculating another 10M shares (worst case scenario) to be added to the O/S to eliminate all the remaining convertible debt. That would put the O/S at 213M. Here is what I came up with from the last Quarterly Report (10Q) filed.
O/S = 203,433,103 as of 02/21/2020.
O/S = 19,891,517 as of 09/30/2019.
Convertible debt = $2,352,977 as of 09/30/2019.
O/S issued since 09/30/2019 = 183,541,586.
Convertible debt issued at 52-week low of PPS .0175 with the conversion price equal to 70% of the lowest trading price during the 20 trading day period prior to the date of any notice of conversion (30% discount). PPS conversion would be .01225 (worst case scenario).
183,541,586 shares x .01225 = $2,248,384.
Total Convertible debt of $2,352,977 - $2,248,384 = $104,593 remaining.
10M more shares issued x .01225 = $122,500.
$2,248,384 + $122,500 = $2,370,884.
$2,370,884 - $2,352,977 = $17,907 (All Convertible debt paid).
So, worst case scenario should be another 10M shares issued which would put the O/S at 213M at the end of next week. This last tranche could have been the last and the O/S remains at 203M since I calculated the PPS conversion rate for all notes at the 52-week low which shouldn't be the case.
Market Cap is $1.1M. Grossly undervalued here. The PPS is like a dark CLWD. Show us some light already!!!
$CLWD
Yup, low volume take down all week. I added at. 0027, .0026, & .0025. I will put bids in at .002 & .0021 next week if this silliness continues.
$CLWD
Yes, hope it is a long vacation. Lol
$KWBT
CFGN moved to .08.
$KWBT
Clear skies. No ARCA.
$KWBT
They are playing mental mind games with retail. Nice 5k paint right before bell to close red. This totally reminds me of AL*PP. Im stirred but not shaken. Lol
$KWBT
Where is the volume? The entire OTC has been like this recently. Who got lucky today with the .0026s?
$CLWD