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Electricity cost is the main cost for an Antminer though, correct? They consume heavily. Margins are very slim.
Im thinking he's more likely to be delivering a steaming brown mess from the other end of the pony if you ask me
Why does everyone want an 8k today? After hours Friday submissions are always bad, why would anyone post anything good at this time?
Much better if its not released until Monday am
Yup, that was my point. Means nothing
I guess you haven't either. There would need to be a case filed with the courts, lawyers on both sides. An agreement on both sides, etc, etc.
My point is that you have absolutely no say or control of what happens here.
The difference being that if your wife divorced you, you'd both have to be involved. In this case, they can just file another piece of paper and add back the AS. Or what is more likely is a different piece of paper to RS and start over.
What no one seems to be saying is that NSAV has the ability to change the AS without shareholders approval - up and down.
Just because they have decreased it for now, it doesn't mean that they can't then flood what's left and then re-increase it later.
This all means nothing
Are you thinking it will be a bad day here? I'm thinking that because of the dumping that happened yesterday. Needs to find bottom and for the dilution to slow
Big dump on .0001 and then it will happen. Soon I would think
Not true. They own that % of potential voting stock from converting preferential shares. Big difference. They don't care what happens to the stock price
An RS is never a good thing on the OTC. AS will stay where it is and they will immediately dilute
Which is dilution by the company and with their full knowledge
You get liquidity with dilution like this
I'm not a newbie so that isn't going to work. T-trade on OTC = dilution, simple
So if not dilution, why would anyone be selling large chunks below recent pricing? And how do you explain the odd price T-trade?
Are you saying the current drop is just people selling at a loss? Not sure I understand your point.
It's quite obviously dilution to me but welcome a second opinion?
Low volume + dilutors is not a good sign. They only choice they have is take it down further to get volume back
Volume has been declining over last few days.
Either someone got carried away or that was an exchange between MMs to fake movement but either way, one purchase is not going to take down this wall
I just bought back in over last few days, now fully out. I've learned the hard way to not hold when volume is low and dilutors are on the ask. It can only go down.
Not liking the look of this one for now, too big a wall to break. I'm out and will re-add when it hits low .002s
No doubt that something weird was going on and 15m was converted at 0.00267 to cover the selling at 15:55 / 15:56 @ 0.0027.
Not sure I would classify this as significant dilution though, more like manipulation to hold the stock down. It's only $40k and like you said VNDM moved away straight afterwards.
The stock held well and had good volume today
I'm not talking 3 years ago, I'm talking last year when I bought 0.0002s and they went up to 0.002s. Check the charts, it's recent
They've taken it down way farther than that before, check the history and charts. It's been down at 0.0002
Oh no! Why didn't you get out when this started dropping! You could have bought back in when this hit bottom
Unlikely that is real. You couldn't legally start talking openly on Twitter about shorting on your stock
It was 0.002 not long ago. It could easily drop there before bouncing
Plenty of people produce MJ accessories legally. Look at all the bong shops
You and me both :)
Why not just go concentrate on a stock that features edibles? They will go through the roof!
So if correct, doesn't that mean that sales of edibles will go sky high and smoking weed will become a thing of the past? I.e. how does this help VPOR?
Wow! What a day. Does anyone know if the Alberta CTO will be lifted any time soon? I can't trade this in Canada right now
Volume seems to have dried up for now. Needs much more to push this back over 0.005 and then push VFIN out of the way at 0.0052. I'm out for now and watching. Interesting though
The company would have to mandate that surely? Then our brokers would receive instructions and they would convert in our accounts. Similar process to a RS I guess
Is what everyone has been saying for months now. 9s then 8s then 7s and so on. Bottom is no bid imo
Think again
That's impossible, there has hardly been any 3s sold.
Where do you get that from?
I don't get why they would default on delivering the shares? They have lots to give.
Hmm. It's still there?