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Float 31,938,873
Seems to be an uptick in volume here starting in July. It's taken this down a bit, but volume always precedes price. What's with that 2.9m at .0015 today. Looks like a short cover. It registered with volume but not on the chart. Last trade shown is .0025 not .0015. Hmmmm. I always keep some SODE in the pocket. You never know when this one will explode. Added 40K at .0027 today but I never even expected it to fill. Lol. Got some bids in the teens now just in case.
Typo? Daily Range - .0002 to .0011.
Can't see bid, ask or sizes but Fidelity is still booking the trades. 6 trades between 0008 and 0011. 768k V. Biggest trade was 630k at .0008. Gap Filled.
This company is as shady as they get. They release the 8K with the awesome DOD funding, but they had to throw in the bit about the EM market. This company was always on time with updating otcmarkets yet they stopped in June after posting a 35m increase to the O/S. Only well after the run did they update otcm to the 100m increase in O/S. They used that news for one last dump. Had they not put the EM in the 8K along with the funding, they most likely would have opened themselves up to lawsuits or an SEC violation for pumping the DOD funding without disclosing the plan to go EM. What the company has done is some shady shat. These guys are some slick characters. GLTA.
And so, it begins. All the posts saying how great this is.
And if shareholders don't accept the offer, what then? If the current market price is .0001, what then? They'll need to go to court if they don't accept and that will cost them more than their shares are worth. Countless companies have gone private leaving their shareholders holding the bag. The Toys R Us example is a bad example. They were current in their filings and $12 a share. RSPI is delinquent, on the EM and their SP after today will be in the trips. Also, the first line of the sentence below states "Shareholders have to agree to the sale." If the company has the majority, retail shareholders will have NO SAY.
Many have already exited. Many were sitting on the fence hoping the company would resolve before EM. Now that it has hit EM some of those fence sitters will probably sell, as that's all they can do, and without any kind of bid support, no retail buyers, there's only one direction this stock will go. It will hit rock bottom at 0001 0002. Probably planned this way and as frustrated shareholders sell, the company or insiders will buy up as much of the O/S as possible at 0001. The company and insiders have probably already gamed this out and have come to the conclusion that there's more money for them to be made by going private. Why share the gains when they can have it all for themselves. Probably the reason they decide to go the grant route instead of traditional funding route. At some point you'll be offered peanuts on the dollar if you get offered anything at all. They'll just delist. There will be nothing you can do as they probably hold a majority. Go ahead and try suing, it will cost you more than your shares are worth. Go ahead and try organizing a class action with the few shareholders that are left. There is a reason the company did this and it obviously wasn't for the benefit of shareholders. Filing would have been to the benefit of shareholders whether that be pink or OTCQQB.
Only one reason to screw shareholders like what they have just done. They no longer feel the need for shareholders.
You actually think they couldn't raise 100K for audited financials if their company was as great as you make it out to be? They'd have had offers hand over fist and they probably did. GL.
I'll stick with EF Hutton. But thanks.
Today
You do realize that's only 2 tics away, right? Smh.
Bingo! Try telling that to them. They know where this is headed, I've been telling anyone that will listen where this is headed, and they been dumping shares on their pumps to anyone willing to prop up the price since .003. It's why most of the bigger playas here are now... silent. They get grunts to do the dirty work. Gap fill at .0008. Been saying this forever now. Already hit .001. It will then be up to them to see if they can pump this higher on EM. IMO, bigger playas have already bailed.
And yours? Lol. Sound like someone either really green behind the ears or someone very experienced to deceive others. Sorry, it's true. Mine at least contain some context and common sense whether you agree or not. Some agree, some don't. I accept that. What do yours show? You and others degrade people on every post you don't agree with that's negative to the company. Rah. rah! Narcissist? Lol. No. Realist. Yes. Pay attention to the difference.
And are you not a 'pumper' who preys on peoples FOMO? Is this really going to come out of EM worth much more, and will people really be sitting on the sidelines painfully watching to get back in? Or is that you and others just pumping like others are bashing? What makes you any better than anyone else? No one likes pumpers that prey on peoples FOMO either. Yeah, that's you. Best of luck to everyone who knew better than to hold this turd into EM. See how that works?
Lol. Sure, that's exactly what you said. Peeps ain't stupid. The real clarifying question is at what point do you sell this turd, realizing it ain't going your way and you have lost everything? .0002, .0001 with no volume? Never? Lol. You so smart bro. You got it all figured out. CEO and 'insiders' love you bro. They want to make you soooo rich they intentionally screwed this stock's price completely for retail investors. Lol. Yep, you got it all figured out. LMAO.
LMAO. If the insiders were so freaking smart, they would have never let this happen to the stock in the first place. Oooops. It's a turd headed to no bid.
When will you folks learn. These companies do not give a rats arse about retail investors. Your post is very erratic. Are you that rattled? T-Bills are probably doing a whole lot better than this turd.
Lol. Yeah sure. Whatever. That value is now 0010. The low of the day and will keep dropping with a couple up and a couple down but it will continue down.
That's awesome. What's the value to shareholders if the company goes private? Why do they need shareholders if they have hired a firm to find funding. Public companies at this stage normal fund through equity offerings, public and/or private. If this bottoms all the way to no bid on EM they will offer to buy you and all shareholders out for peanuts and since they probably hold a majority you will have 0 say in the matter. Sure, you could sue but it would cost you more than your shares are worth. Class action? If I had a dollar for every company that went private, screwing shareholders who claimed they would initiate a class action, but never did, I could retire. There are 0 guarantees what happens to this company once it hits EM. You can tout the value all you want but the bottom line is the share price at .0013 and probably heading lower. I may sell my freebies today and move it to crypto which seems to be picking up again. BTC up 10k in last 10 days. Good luck.
And a much bigger funding deal they will find on the EM market as opposed to the pink market or even QB by auditing that 10K? Good grief. Your post makes 0 sense.
Then why didn't they just simply file the 10Q and 10K? Stock would still be trading 003 to 0045 maybe even higher. This was obviously a management decision and a poor one at best.
Maybe the company shouldn't have made it so easy. Maybe the CEO shouldn't have pooped on his shareholders by having his poop together. No one to blame here but the CEO. If message boards never existed, the stock would be doing the same thing it's doing now. Swirling in the toilet. The run already happened, peeps have already sold and bailed.
6 tics away before this has any chance of moving and the way peeps keep hitting that bid it'll happen.
Don't really care what you think. I know what I own. That's all that matters.
Seriously? Lol. Sure, let's all celebrate EM instead of audited OTCQB financials. .10 EM? Lol. They're going to use EM to tighten the float? Do you even listen to yourself when you say this? You should. Absurd at best. My guess is anyone promoting this at this stage is in the red and trying to get out.
I'll ride my now free shares and profit into the abyss as well, but it's not going to stop me from posting the absolute failure of RSPI management. Ur right, bashing won't stop this from going down or up. The only thing stopping from going up or down is management itself and management has proven down is the way to go. The 8K sucked. Those are the facts. I own it. Free shares and I ain't going anywhere and you have 0 right to tell me and others to do so. There's that awesome IHUB feature called ignore. But ignore us at your own peril, because me, and a handful of others are asking right questions. We are asking for dialog on those questions but all we get is "Rah, Rah, you suck basher. Go away. Maybe they'll do this and maybe they'll do that and yada, yada, yada". No one knows WTF is going on and management has utterly failed the shareholders in that regard. So go ahead and try and pin this on 'bashers' when the 'bashers' just want f_cking answers.
LMFAO. Yes, I will base my investing strategy off what menace212 has to say. Ur kidding right? Yikes! "Hey, snake oil salesman, does that elixir work?" SMFH! I get it. Ur most likely now down. It's impossible to beat a horse up, when the market says the horse is dead. But have at it.
Then ur losing out on valuable commentary. Do you listen to just CNN? MSNBC? ABC? NBC? If so, you've learned... nothing except what you want to hear. GL Dude.
Why sticky a post that has been posted on 10000+ boards over countless years? The post explains nothing about the company's future. Just a lot of goobly gock board people have heard for ages, over and over and over again. Awesome post! Rah. Rah. Not.
They're going to restructure this into a new company and you ain't getting shit. A company does not tell investors in an 8K they don't have the cash to file unless they want to crash the SP. Why would the company want to crash the SP? So, they can buy you out cheap and run to another shell. Seen this way too many times. Story stock yes. All they got is stories.
Or... they are literally telling you, ur holding a piece of shit and you refuse to listen. Good luck dude.
8K dude. No money to file as stated by the company. But hey, they're looking. Lol.
BINGO! You win!
BS. Go look up PLNM or PNLM. Planet Fitness who posted $40,000 in sales to the University of Colorado among other news. Next day investors woke up and it was an auto parts website company, defunct two weeks later, while Planet Fitness moved to another public company. You do recognize Planet Fitness, yes? They screwed their shareholder's over big time. Can you even comprehend the market you are in?
Lol. The whales lighted the candle from .017 to .015. There are no whales here. Whales don't trade in the EM or Grey markets.
Lol. Especially that 4 trillion missing that was announced just before 911. Building #7. Yeah, I know. Tin foil hat. Lol. On another related note. Those 'Big Buyers' who are now 'supposedly' in control haven't touched those .17's in 60 minutes. Lol.
Lol. The DOD spends more on ashtrays and trinkets then they invested here. 1.8m to the DOD isn't even considered an accounting error.
Lol. 'C'mon man.' Cornpop's big buyers would have already smacked that if they were in control. Lol.
This is what I am thinking as well. There was no other reason to tank the SP with the 8K. If they needed money to file, they could have sold shares at 300% to 500% during the run to cover the cost. They didn't. Why? Tank it. Buy the O/S and go private. Seems to be no other explanation besides the 'maybe this, maybe that' and the 'hopium' provided here. Buy the O/S, take it private and they stand to make a whole lot of money for themselves even if they sell all the IP to another company.
Exactly. Nothing is certain. Try telling the rest of the board. It's been all profit taking since the run. Even the low volume pushups to sell more. Peeps don't understand that some peeps are still holding tens of millions in the trips they can still sell for a double or a triple. This had the chance to move up big. The BB were wide open, and it could have moved from the bottom BB to the top BB and beyond, opening them up wider and an eventually big time move. The company squashed that in 1 8K filing. The CEO of this company is either clueless or not telling everyone the truth. Been telling peeps about the gap fill at .0008. They just won't listen.
Lol. If that were the case this would be trading at .05+ easy, regardless of company status as investors would be buying like crazy, which they are not above .0018. There are over 835,000,000 seats on the plane dude. Has reality set in yet?
You lost me at
LMFAO. Best post today. So true, but don't forget the Alaskan Crab legs, Prime rib and Champagne. I'm still laughing.