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Yea SPIN had some potential as a shell but they obviously sold the shell to a scam. It would have been far better off here to sell this shell to a company that had some revenues. Instead they went to a company that had a product that didn’t even work lol. I guess when some people are old maybe they just don’t give a hoot anymore. Bitech smells like a stinky pinky
Back down with a 52 week low. This could go below $55 easily with the low float share structure.
It was definitely overbought when spiking into the mid $80 per share range. I was hoping for a pullback but imo this could go into the high $50 range.
Kellanova is a dumb name
Reads like another scam imo
A lot of accumulation at this level. This maybe warming up for news
I sold what I had into this and took profits. Still hold some shares so I’m not devastated here but it definitely sounded too good to be true, this technology they were touting. Now this ticker is probably going to see more dilution to acquire another company. This ticker has been a disaster from the get go. I once had 300,000 shares here. Now it’s like 25,000. Mostly all sold over .125. I do think there maybe a buying opportunity on news of the next company coming in but SPIN was in a far better position than BTTC. This is a falling knife.
Looks like great investor confidence here lol
It’s either incompetence or competent scammers. Neither is a good.
And the rumors of him selling is shooting up the pps
It’s a testament to management that this ticker was able to absorb heavy dumping in December last year and this year there isn’t nearly as much of a bid. These guys have brought very little to no value. It had more value as a shell.
LOI that haven’t been followed up and TV junk to push but the pps hasn’t been pushed. This thing has stunk since they took over and it’s starting to rot
Maybe an ugly December here.
I don’t think either is a huge surprise
Really good day up 30%.
Underwhelming to say the least
Nice bet here if Europe freezes this winter and this war escalates. The printing starting back up will just make everything worse in the end imo
I don’t think Wall Street is going to touch crypto until Washington does something about it. I just assumed that the Tesdison tech was going to be implemented at the site but who knows. This Etheruem merger tho is kind of interesting as it is theoretically going to lower their energy output drastically. If bitcoin ever does something like that it would kind of make their technology useless in the crypto space. Technology can be so fast moving now a days. Maybe Tesdison is obsolete already lol.
I think their estimate in what they are going to produce is when they supposedly build out that land with more mining rigs and not what’s on the current land. The money for this acquisition is Probably going to result in more dilution I assume. I personally think bitcoin will be higher 5 years from now but really who knows what position the world would be in at that point. They’re just starting here so everything is pretty much a forward looking statement at this point.
It looks like it may take them a couple of years to get their initial capital back. This definitely seems to be a long term outlook by the company. Hopefully it’s a slow build and not a slow collapse lol.
I am expecting news but not necessarily from the crypto sector. I saw that PR as well as your previous research you posted. Energy is and will be an issue for sometime going forward across most sectors.
I just watched a video that said miners are shutting off their rigs so you would think now would be the time to capitalize. I really don’t know what to think of the value going forward here. They were talking about making an acquisition to generate capital which I found odd. This ticker actually got me to look into some crypto lol. Just bought a small starter position in bitcoin for the first time in 5 years. Seems like a decent long term gamble with some pocket change
Yea I thought I read something in a filing about one of them selling so it maybe. It’s been controlled and accumulated at this level as of late. This may pop soon
Does he have the money for $10 a can?? LOL. Maybe after dilution
Yea I’ve been watching and buying since the Del Taco acquisition. I like the potential with the share structure. Also Dividend payout is pretty low.
Well not a great start to that new beginning.
Well I wonder what company they are going to acquire and at what cost. Might get interesting here in the coming weeks
I wonder if they would increase the dividend now after Vince stepping down. Probably not but just a thought
Well hopefully there’s some fire with this smoke lol
Yea apparently that conference didn’t stir any buzz either.
It’s a New Day, Yes It Is
“if they do $50 million in revenue, which I cant even imagine them doing 500 thousand”
They said the product is worth billions you say less than 500k. So in other words you called it crap imo lol. The product in a nut shell is a self charging generator. Now you are assuming I am going to attack you for your views???? I may disagree but I have no clue where you get this TOUGH GUY junk from. If you don’t want to have a conversation anymore than maybe you should avoid posting on message boards and forums.
I wouldn’t be surprised if SIX has a great summer. Most folks looking to bust out this summer but costs are high with inflation. SIX may be the cheaper option for a summer vacation for folks.
This is really their only formidable aircraft carrier China has. The escalation is definitely building and the share structure here is nice as the world is going hot. China is obviously trying to close the gap in naval armament.
It’s all about the product. These guys say it’s worth billions and you say it’s worth crap lol. That’s the difference here I think. Who knows maybe these guys were worried about a hostile takeover with their product but also needing a certain share amount for dilution to raise capital for production.
I get both of your sides but the previous management where the ones who did the deal with bitech. Either they got scammed on a sales pitch or they went speculating instead of what many of us thought they should have done which was bring a company with existing revenues. It doesn’t matter now but I wonder what company pulled out of the deal back last year. Not like anything I said matters going forward but if we get screwed here it’s bc of previous management imo doing a bad deal to begin with.
“There are things there I wouldn't have said (sell your position and do it slowly and I'll rebuild the company is not smart for a CEO to say) .... or would have said differently .....”
Yup lol. Once he said that I was like someone going to dump this thing lol hence today
Yea It is obvious lol. I was just asking questions to get other folks that come into this to think about it. I was trying to be subtle lol. I have seen a few stinky pinky CEOs who diluted to trips come on iHub and post similar comments before the dilution hit. I have my free tickets for this ride at this point, but like you and I have said this product is just in its infancy. So many unknowns at this point.
This is just another red flag for me. If this product is a multi billion dollar product than why is the CEO so concerned about Ihub which is primarily for penny stocks? Why is he so worried about the pps at this level? Maybe he is genuine but he would definitely be in the minority of a penny stock CEO lol. With these guys issuing themselves these shares and if this company is a multi billion dollar company, wouldn’t that make this guy like a multi billionaire at 150 million shares owned. Why would this guy waste his time with this board? Just seems odd to me.
For me it’s a red flag when people talk about shorting a penny stock or just some talking point by a poster to justify the pps drop. It’s just another bs thing that happens in stinky pinky land which it seems that’s where this is headed. I agree they need to do something to stir up new interest here. Who knows how much money this thing makes and how long it will take to come to market. I also heard Kevin O Leary say they are working on hydro and wind power to do the same thing this company claims to do. The only way this thing makes millions is if this product is amazing which is doubtful at this time. I completely get what your saying about the issuing of shares. If these guys had confidence in their product they wouldn’t have issued themselves that amount of shares to begin with.