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GTSM wouldn't let up. Kept loading the ask. imo
They needed money to come to this stage of their business development/growth plans. imo
Move on if you don't like whats transpiring here. To each there own.
Like I've been saying, the public companies dilute but if they do it for high growth/expansions, I can accept it.
Blood in the street. Added a few shares on the fear. As they say buy the fear, sell the cheer!!
hello DD_dempsey.......good to see you my friend on this board. I believe based on the deals already announced, this pps should be heading north in earnest. imo
Anticipating news update tomorrow or Friday. That could change everything as you know news trumps everything else in OTC. If there is a news about partnership with the Rana Group, this could go ballistic. imo
best.....
One poster brought up the spectre of an RS out of nowhere. Just fear mongering without providing facts to back it up.
Yup CDs were due for conversion on May 20 and the updated OS is only 873M as of May 29. What happened to the rest of the converted shares as some were saying the OS should increase by 1.24B shares.
And then this from last PR.
It takes money to make money. If dilution happens in the backdrop of creating shareholders value, I can accept this. Some OTC companies dilute to the brim without creating shareholders value and then do an RS. Wash rinse and repeat. I don't believe its the case here.
The Convertible CDs amount to about $248,000 as per last Annual Report. I would assume the company may not want to dilute 1.24B shares as some are espousing. The company might find some other ways to pay off and/or deal with the CDs. This is just a speculation on my part. Hoping the company to clarify this matter in near future. imo
I can't find any compelling reason for a 41% hair cut. The updated OS shows some increase, but that doesn't justify this carnage. The OS is still below a billion shares which is reasonable in the OTC space.
Where does the spectre of an RS come from? someone mentioned on the board. Has the company mentioned an on-coming RS?
The recent news are astounding considering its trading for a penny.
Others can do whatever they want to do, I can only follow my trading/investment strategy.
A paint job for 12,500 shares in the last second.
I believe a combination of factors contributing to the carnage: leaky faucet, panic selling and profit taking. imo
Tree shaking to get cheap shares. The day is done yet.
These bashers will run for the hill, its a matter of time.
Just came back to watch the ticker. Simply just based on what have been already announced by the company, this ticker is worth a lot more than a penny or so. More exciting news on the way soon. imo
Let them sell whoever wants to. To each their own.
Time to move up. A matter of time it moves into green. RSI down to around mid 70s.
Dip and rip cometh soon enough. In light of the massive deals already announced, these are gift prices. imo
A partnership deal or some sort of agreement with the Rana Group would be a game changer. No telling how far north the pps would travel. imo
You may be right which is even a better time frame than I thought. Its coming per the CEO, just a matter of time.
Agreed. Thanks AlwaysKing, appreciated your insight.
100% agree with u.
If someone tears down that wall at .018, then it blows to a new high. imo
Yes the conversions of over 300M shares are already included in the current 728M OS. The OS has not increased until its increased.
Based off of Badali post:
Once that wall is destroyed, this is off to the races. imo
Read the filings, loans and line of credit are non-convertible. That's exactly entries 3 and 4 say in the table on page 6 in the Quarterly report. Here is the link to the report:
https://www.otcmarkets.com/otcapi/company/financial-report/402556/content
It takes money to make money. If the company dilutes in the backdrop of creating value for shareholders, I'm all for it.
Its all agenda driven, some fall for his crap. He sells and then brings up all sorts of negativity so as to re-enter for the next flip. imo
Throw technicals out the window. This bus is now driven by fundamental news. There is a news on $350M worth today. Now move on to something else and be content there instead of advising others how to trade here. imo
Someone traded at .0135 this morning. Everyone should do their dd rather than listen to random posters advising others how to trade.
Oh well to each there own.
Exactly. My money and I decide, we're all adults in the room. Don't need any advice from anyone to trade or not to.
Flippers can flip as much as they want. But these prices are gift prices and wont last for too long. In light of what's transpiring in this company, this ticker right now is sitting in the basement. Then it moves to first floor and then to next floor and so on. imo
Just getting started elks!! Fasten your seat belt!!
Heading back up, closing in to the high of day slowly but steadily. We might even get a new high of the day, we'll see. imo
Almost 54M volume in the first hour of trading, speaks volume by itself.
Yup the rest of the company rolling in in the next six months. A $1.5 billion valuation per CEO, not a pocket change. imo
Me too added a few more to my stash. No brainer for me.
best to you and all!!
Fools and their money are easily parted as the saying goes.
Dip and rip in the cards once more volume kicks in, imo
Just doing some churning. Watch its going to head north again. imo
Yup bashers can moan and groan as much as they want. This runaway train is speeding up towards the northern direction. I've my tickets and seating comfortably on the train. Morning coffee is being served on board.
Best to you Hercules1 my friend.