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The bashers who promised .0001 don't know what to do. That, and there are only 20mil shares traded so far.
Wednesday. Could be fun.
I definitely think it will happen. The CEO however, got an earful from a former consultant that was completely against an RS unless tied to a very positive event. I doubt it will happen anywhere near this stock price or without a large merger/acquisition, or maybe a government contract - where they can spin it as a very positive way to add value to the company.
Don't share this with Surf. He once said that MM's don't need to do anything unethical because they make enough money. No... he really said that.
Right now, I think there is someone with deep pockets that is keeping the price up.
I am pretty confident a venture capitalist Pacific Lion, is buying up this stock - mostly at the bid. How do I know? They discuss their general strategy on their web site and he did a podcast/meeting with HMBL shareholders where he said that he was (this answers Olive's question).
The stock diluted over a billion shares over the last month and a half and instead of the stock dropping, it went from .0007 to.. well today it was at .00105. Over the last few weeks, we sat in a channel of .0009-.001. Averaged about 200mil shares a day but only one time broke down to .0008 and not enough shares were traded for me to get any 8's at all. Did get a few nines tho. Someone has had over 120mil shares at the bid at times. When the shares are taken, more are added. It has been an interesting experience because I have been told by a few "financiers" that "convertible shares at a percentage of the market" means that the seller has an endless supply of stock that cannot be beaten. We just saw someone beat the seller. How? market cap is a little over $8mil and we got someone who already pledged $5mil into the company and potentially more as the stock price rises.
I personally don't think we will see trips again. We could, but there isn't really any dilution to speak of going forward. $100k coming due 11/23 and then nothing til $160k April 31 of 24. After that, I believe the only remaining debt is $65k due at the end of April. That is from memory, so someone might know different than me. Still, nothing to speak of at this point.
Should trade differently going forward. This is the OTC though, so trade at your own risk.
Nope. I expect a test of .003 soon (likely break through this time) but then hang out in the .002's and trade sideways for a couple weeks.
We aren't past dilution, but there is only about 140 mil shares left and they don't come due for 17 days (bout 3 days worth of dilution). They won't want to bring the price down as their costs will be fixed at .0007.
Engage Surf... don't be afraid.
Talk to me Goose.
Sure is quiet on a day like this... wonder why.
I'll be dreaming of a life of ease and mountains - Oh Mountains - of things. The dream is starting to take shape. Gimme your address and I will send you a postcard.
Yep. Wasn't about dilution this last week. It was about price and it looks like we won that battle.
Today is an important day. Olives probably knows why. I'd imagine that few others do.
It's a good thing.
No such thing as "new tricks?" That's kinda backwards thinking.
And if PL isn't at the bid every day, all day, then those algorithms must know something is going HMBL's way. Then again, maybe Surf is secretly buying. He is following this stock almost as much as you do.
What if? Stick to your dilution report. Much more real than your... what if PL decides to pull the plug theory.
They can wait til Nov 14
How do I say this with tact? Well... there is no way. You have no clue about this stock or the industry. Payroll has been cut to the bone. The company is developing blockchain tech at about a tenth of what industry standard currently costs.
The next Q should be very good. What will be good? The balance sheet should be drastically better than last Q. They eliminated pretty much everything that is not their core product and everything that cost more than what they expect to bring in. Not profitable, but everyone should be able to see a clear path to profitability within the next 4-6 months. That should be easily worth 2-3 cents per share given the (get this Surf...) bloated OS. There will be pretty much no debt. I expect the section in the Q that talks about events that happen after the Q's deadline will include how they reduced debt even more. Maybe down to nothing if they are able to wait a couple more weeks before reporting.
Finally, we might hear about PL obtaining 15% of the OS. I think we will get a filing in the next few weeks, but when we do, expect the stock to move up like... well... like olden days.
I particularly liked when those algorithms kept flashing 2mil shares today. I have no idea what the algorithms were trying to communicate, but I kept thinking of the movie 2012 A Space Oddesy - as Hal tried to communicate to Dave, but Dave just didn't understand the advanced life form. I am guessing that those 14 nines early on was Hal's way of saying that he was about to take a bunch of shares at the bid. I guess that because when there were 9 nines, Hal took another bunch of shares at the bid.
Maybe I am way off base here. Hal is pretty smart. Maybe he is telling us that there was 140mil shares available when the first set of nine shares were displayed. When there were only 90mil shares left, Hal wanted me to know. He spoke to me as I was about to buy some shares at the ask. He said very clearly, "What do you think you are doing, Dave?" I saw those nine shares and hesitated. I deleted my potential 2mil share order and spoke out loud. :"Thank you Hal." I will consider placing that order tomorrow. If Hal deceived me, he knows I will shut him down.
I've been trading stock since... well since I was 12, but since the early 90's as income. I have no idea what the multiple 9 share trades are about. We saw about a dozen 100 share trades a few hours ago, but we started today and again just now with the 9 share thing. One day there was over 100 of em in a row. Why? Gotta have some sort of meaning.
Oh... and great DD. Quote James Taylor in 1972 as proof. His proof that PL is bad? He has a link to PL's linked in page.
Que ominous scary music... Duh... Duh, Duh!
I can't sing the blues anymore.
Are you aware of AMIH and it's dealings with the former CEO? That guy - CEO mind you - held convertible notes on his own company - toxic debt well before PL stepped in. In fact, PL just entered the scene with $20mil to buy up really crappy financing with much better terms. It is actually toxic, but at a 15% discount for a company that just decided to get out of the oil business and into the medical field... I'd call it a gift. I bet PL will help turn things around there too - IF management gets their stuff together. If not, I hope PL makes a killing and uses that money to fund HMBL's entrance into MLB stadiums.
Wait... PL made a $5mil commitment in a company that is worth $8mil? Who does that? I got a feeling they know something.
It's been in a trading range of .0009 to .001 for a while now. As I said before, conversion is finishing up and PL is buying at the bid. Two immovable forces, but one will eventually win out. With the market cap at $8mil, the guy who plans to invest over $5mil will eventually win. And it will likely be sooner than you think.
Wish I had a really cool meme to suggest that you didn't have a brain, but I am the one who wasted my time on this board AND made a ton of money, while you swear that you made no money at all. I guess I don't need a meme. A thousand words paints it's own picture.
I don't think they are a publicly traded company. I would however, be ok with Foote or his family adding their hard earned money into this company to make it successful.
I won't speculate that this stock will hit $873 in April of 2024. <---- I said I won't speculate.
Unlike you, I don't care if you or anyone else buys or sells. I am here to get info about the company and you are here to crap on the company. See the difference? PM me and I can give you a list of crap stocks that you could help others not invest in. Over here, I just find you annoying with your lies, innuendos and not knowing the difference between .001 and .0001. I am ok with you moving on. I promise I won't pump after you go.
Is that what you meant? Sure thing. I am so dumb, I cannot count on what you write, because you lie.
There is zero chance of bankruptcy. For you to respond by saying you won't speculate, kinda says you are speculating on something that has zero chance of happening.
I was in Hawaii for a little over a week and didn't get much of a chance to watch the stock (markets closed by 10am there). Besides then, I got a good feel for when it was going to move up. See my posts from Aug 3 moving forward. The regulars thought I was crazy right before the stock moved up 400%.
I fully expect the stock to move up quickly in a short time-frame. I am thinking it will be within the next few days, but it could happen tomorrow just as easily. I would look for the big orders on the ask to fall off as they sell those shares at the bid.
I am just a lonely do gooder living in my mommy's basement providing daily information to keep you all from losing money. Like I did when the stock was at .0004 and I told you not to buy... unfortunately, the stock rose 326,000% shortly afterward. Oh CRAP!
So there is that, but then after all the games, it returned back to only a 250% gain. Had you bought near the top, you lost money and I coulda saved you had you listened to me after that slight 326,000% mistake. So it looks like I was kinda right - in a twisted backward, please give me a second chance cause I make the biggest mistake of my entire life, kinda way.
I no longer feel bad that I told you not to risk $10 and that mighta kept you from becoming a multimillionaire.
As they should. I am taking minimal risk too.
We both know that we are sitting at .001 and not .0001. More blatant lies and not opinion.
I think it will stay between .0009 and .001 until dilution is over. Give it a couple more days and then the price will rise. In the mean time, buy at the bid.
When the A/S gets maxed out? This is the otc. The A/S is an arbitrary number. Foote can change it as fast as you change your socks.
So your scare tactics are:
1. The company might file for bankruptcy - even though they just eliminated all their debt minus the few holdouts that are almost done converting their shares.
2. R/S is coming - it is likely coming, but not very likely until it is attached to something big - like a reverse merger into a bigger company or maybe a government contract that supplies all of California. Pretty sure Foote learned his lesson on RS's and wont make the same mistake twice.
3. Dilution will drop the stock price - even though the stock price has gone from .0007 to .001 with 3 bil in dilution.
And now:
4. The A/S will get maxed out. A/S was 7 bil until we got notice that they changed it to 12 bil.
And oh yea, they have no need to borrow money for the next year since they got a venture capitalist buying up common shares on the open market and providing cash by buying Preferred C shares. So as soon as the last remaining shares get diluted, there will not be a need to increase the authorized shares.
I keep getting the feeling that you want the stock price to drop. Why is that? I have traded some really crappy stocks and when I learned that the company was screwing over investors, I quietly sold and moved on. This company has more than a fighting chance for real success. I mean REAL success. Why the need for this one to fail? Are you the guy who shorted the stock by 3mil shares in May? If so, I wish you well. But cover before the next Q comes out.
Go easy on him. He once got lucky on a stock and now thinks he knows... more than fishing.
You completely missed it. The remainder of dilution is happening. They wanted the stock to drop to .007 or lower so they could get more shares at a discount (think toxic debt), but PL is sitting at the bid likely taking 100mil shares a day or more until the "lender" runs out of stock. If the stock dropped, the lender shares would be endless, but instead, they can't get the price down. Should be a few more days to a week or so and then look for a PR and a filing to let us know that PL has bought up a decent percentage of stock. Imagine no more dilution. Imagine an angel investor who knows how financing really works.
What would happen to the stock price if PL announced that they bought up 15% of the company and plan on buying up to 50% of the shares? The current market cap (the value of all of the common shares x the stock price) is about $8mil. Is it unrealistic that PL will take 49% of this company for about $4mil? I saw this exact thing happen with a stock (PPHM) and the stock went from .15 to .75 on the announcement. They did a name change and a RS where the stock traded sideways at 4.50 for about 2 months. Then the stock went to $24.
Some people can't understand how a stock sitting at .001 gets onto the NYSE in a matter of 3 months. This is how. I personally think it will be better than that. Look for a reverse merger once the balance sheet is completely clean.
You are so goofy. The stock is in a pattern of changing hands from lenders who are converting to shares, to a venture capitalist who is buying up the shares just as fast.
We get the Olives report about dilution and how it will crush us only to find that the stock price hasn’t really changed. It actually has gone up from .0007 to .0009/.001 while the dilution has gone from 6 to 9 billion.
How is that possible? Someone is buying up shares (Pacific Lion).
Wait til the pr hits that they own 15% of the OS and plan on partnering with Foote. The stock price won’t be in the .001 range any longer. I’d give my guess at where the price will be, but the basher who attempts to scare everyone with talk of dilution, RS, or even bankruptcy… he may label me a pumper.
Normally this would take 6-9 months to buy up the shares while shorting to keep the price lower. With the dilutes doing the work of keeping the price in the .0009-.001 range. PL will be able to pick up billions of shares in record time.
But, but dilution. Won’t matter. If PL owns half the OS and converts those shares to preferred, the stock price will soar even higher.
Now you know why they keep talking about uplifting to NYSE.
Woah. The sky is falling. Sell. Sell. Sell.
We know is buying in bulk. Wonder who will win the battle. With a market cap of about $8 mil. I gotta put my money on the venture capitalist.
But you assume 50bil shares out. Your hated is showing
If the stock ends up with 50 billion shares but the price of the stock hits $100, does the shareholder lose?
The company needs resources so the os will increase. But if they can build a viable business, we all can benefit. You and ten only look at one side of the equation