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Precisely.
Lots of 10k lot sizes.
Unfortunately, I believe penny stocks are the exception to what's detailed on the Schwab page but I definitely need to be fact-checked.
Schwab Brokerage Accounts—Generally, electronic deposits and incoming wires to your Schwab brokerage account are available for same day trading. In some instances, however, incoming deposits may not be immediately used for certain securities and are subject to a holding period of up to five business days.
https://www.schwab.com/faqs
Good morning Linkvest! I actually received the news a little bit differently (right, wrong, or indifferent). Farzam is slated to re-contract after a 6 month period. What he earns over the course of 6 months will equate to a $120k/year i.e. ($5k x 6mo) = $30k + $30k = $60k. I'm choosing not to amortize the $30k sign on bonus over 12 months because I think we'd both find it very hard to believe he will re-contract for less than a $10k/mo salary if the acquisition(s) conclude during his 6 mo term.
This combined with the following supporting facts:
1) New CEO with all eyes on him to deliver the first acquisition in the near-term
2) Dilution faucet should be coming to a close
3) Monday is a market holiday
4) Stock dropped on good news. New entrants to the stock will likely realize this is a fantastic pre-acquisition time to take a position.
5) Company publicly stated the target acquisition has "huge revenues" and is "profitable."
6) As a result of yesterday's share depreciation and the company's misstep, the company received shareholder feedback regarding what's expected next.
I still believe patience will pay off here. Yes, the company inadvertently led the investment community to believe yesterday's news would be about the acquisition but I firmly believe it's next in the pipeline. To me, the company is releasing this information in a logical order. I wouldn't want a company to be in fine-print contractural discussions with an acquisition target without being approved of by our new CEO.
He is in charge of securing the first acquisition. Once completed, I have no doubt a new contract will be written.
4.2k views on the ASII’s X post about new CEO. Not a bad level of interest ;). This thing is unbelievably coiled.
Can we start a room for those of us who are lost and emotional without CM? LOL
Agreed! Bid stacking atm.
Don’t let the size deceive you. You can buy 10k from GTSM countless times.
That really bites. Oh well. Thanks for the confirmation!
Morning! Do you, by chance, use Schwab? I have multiple accounts with Schwab (post-transition from TDA) and accidentally purchased shares in the wrong account. Everything I'm reading is indicating I can't consolidate :(
I think the dots need to be a little more prominent before we can draw any conclusions. Time will tell!
Will come so effortlessly when GTSM leaves the room. Be gone GTSM!! 🤣. It's whatever though. I'm long on this. I've never been more confident patience will (and has) pay off here.
Agreed. Wondering if the acquisition target's revs were baked into the ASII's earnings forecast.
That song was a hit and made Nelly millions. In that regard, this stock also reminds me of that song :)
Glad my order went through this morning. Nothing big but the 1,111,111 trade was me :)
“ASII will be a zip code changer” - Couldn’t agree more!
Nope ;)
Not your typical Friday for an OTC stock ;)
Let the fun times begin!
Well, we are at 17 right now ;)
Excited to see what EOD has in store for us. Will the thought of game changer news next week be enough for sideliners to take a position today i.e. hold over the weekend? Only time will tell :)
If "left" translates to buying more on the low, pencil me into the list.
Schwab even took some time filling me (Buy) on the ASK this morning.
It appears Paul officially gave up on UNSS. Even the company website has an expired certificate (expired 302 days ago). I tried several times to get in touch with Paul with no success.
Six figure investment is now 3 figure all because the company failed to file necessary docs with OTCM.
My thoughts exactly! 41MM and growing! Time to slap the ASK :)
Morning!
$30MM for just this year?! Talking about a heavy multiple from what was reported from last year!
Awesome news!
I was just about to say the same!!
Got a few MM 19’s. Sweet success ;).
Wish I could say it’s me but my order hasn’t started filling yet! I’ll be buying today regardless.
Whatup B-A?! Ready for another exciting day?
Good morning Grandma! Take that Metamucil and drink some coffee because it’s time to get those buy orders in!
#adding
Wow. That’s amazing news. Closing bid need to be a minimum of .01 for 30 consecutive days and the company already said there is no split on the horizon WHICH MEANS they are confident the .01 minimum can be achieved naturally. Going to be a wild ride. Buckle up!
If the bidder would just move up a bit!
Wow. 50MM traded already. Nice churn before next leg up. ;)
Solid point ;)
This is absolutely amazing news!
Also odd bc I don’t think meetings like this typically transpire on a weekend.