Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Who knows for certain, but a possibility for sure and overall why wouldn't management want people they know or are affiliated with the have a majority of the float instead of regular penny stock flippers. Makes their life easier, they get more enjoyment out of the success and are more "vested" in the stock price.
And we know they have quite the network of friends and family that span the globe and we have already seen in recent past that INTL loaded a large chunk of shares and based on the monthly market statistics they have not sold them outside of a very very small portion
Because the issues you have, have nothing to do with help it has to do with when they want things to happen. They can bring in help but the help won't change anything if management does not want things to be released or happen yet
Hard to say for certain, but clearly not normal trading what so ever. And just keeps adding to the weirdness of that 6M trade that got filled out of thin air another 1M in the same fashion, continued ask stacking and ask getting pulled when tested, now JANE and INTL in the box, insane low short percentage for extended period of time, accumulation continues to reach new 1,3,5 year highs.
So someone is manipulating the action to load, the question is who? And are the financial delays playing into it at all???
Maybe? Then 2 trades go off at .01275 that were trying to hit the ask and the larger blocks on the ask get pulled
The interest in the company is their interest, what they are doing or not doing is because that is what they want at the moment. They do not care about you, your want for insane returns or the timeline you want them on
Current management created the company, built the company, run the company, have majority voting control of the company. So sure there are of course employees, but to ignore that the company was founded, built and run by current management is dumb
Almost wish we would get the higher volume sell off dip below .01, get the feeling if that happened and people got their boat loaded, the games would stop and the price would bounce back quick and start to reverse. Seems more and more likely they are trying to force an actual selloff and have yet to be able to get any decent volume to sell
Yup, which usually equate to short sold shares, but there has been next to zero shorting for the past month plus
Not really, I guess outside of what adjusted said, but regular retail cannot undercut an order to slap the ask at .012 and fill at .0185, repeatedly at that. Retail cannot show 10k ask and soak over 100k of slaps. Retail cannot step down and fill an order at 6 decimals.
I think more and more there is institutional or large standing order loading going on and MM's are playing with shares to stop the price from moving and to push price down and scare up retail sellers. Those type of MM's would have no issue swapping shares between accounts and selling some shares here and there to try and load cheaper
The company and management are near one in the same. Management is the company
Only 40k in short volume yesterday, how is that possible? How do we see all the undercut fills on the ask where people try to hit .012 and filled below? How did 200k hot .012 and not move the ask that was showing 40k?
Definitely more to the trading than what we are seeing. Something is going on in the background and it not normal retail trading, not MM shorting and not dilution
I mean no shit sherlock, if management never does anything of course nothing will happen. No one has ever said anything different.
What is the point of even saying that? The point is do you think management will ever do anything and that is all that matters.
And... What is your point? That the stock won't run till it does? Wow, who would of thought.
None of that has anything to do with reputation though, that is just emotional garble. Management knows what they have and will operate on their own timeline to get it done, you either feel like waiting or don't, doesn't matter to them
Reputation will be gone with who? Small time penny stock traders? Anything they have or have not done the past 3 years won't matter to any investor moving forward if they come through with what they have stated.
They know what they have and that is all that matters to them, ticking off a few low brow penny stock traders who don't know their ass from a financial statement doesn't really matter what so ever.
When you know you are going to make a fortune you tend to not care about the feelings of bottom feeding penny stock traders.
Might only take small hit if there was a large bid showing
Just more of those quick fills we have seen, so around 300k sold .0185-.012 while they get filling orders below .012 or with an ask at ,012 that didn;t change and then instantly 300k fills lower, seems little odd no
Retail cannot hide an order, MM's are not suppose to either and there at time seems to be just as many hidden bids
And 85k just somehow fills at .01125 even though there was nothing on the bid? Followed with another 15k at .012 with no change to the ask
still get the feeling someone is messing with the action to continue to load shares from retail. Unless it being the end of the month this is short covering from last 2 weeks, overall there was 321k shares shorted since 6/15 but overall only 20% of total volume
near 200k tried hitting .012 and ask didn't budge then out of no where that 300k was filled on the bid. this is not normal trading, games going on to fill shares and keep rpice down.
Retail can't do that
Exactly though, if those shares don't show as shorted, how would a retail seller do that?
trading has been weird too, see ask slaps and no change to the ask, double prins, wash trades and so on with no shorting what so ever by MM's, why I feel there are institutional buyers involved
Possible but has not been much willing selling at these low levels, volume has dried up and there seems to be continued appetite to load shares in low .01's
Overall I still get the impression that someone is doing everything they can to try and load more shares and scare up some selling
It is still chump change for the total amount of shares issued, in total the preferreds would amount to 25M shares, so far 500k have been sold and that was around christmas/end of year.
So in over a year since any of those shares could convert at will, only 2% of the shares have. And for a long chunk of that time share could have been sold for a 100%+ profit.
So yes, one can make light of a conversion like that. Someone needed their money and with the way things have been economically I can understand why that might be the sase.
Considering everything that has been going on with the economy and the market, the fact that only 5k shares of preferreds have converted is telling, even in these very tough economic conditions we have not seen any more conversions.
That 5k shares seemed like end of year Christmas money
Being that in order to be QB listed they would need to have annual audited financials, they will not try to uplist until their 6/30/22 report would be do, so in that instance yes, they should be pink limited first.
There is nothing to prove action, just words, they are pink sheet stock, even their financials can be simply made up.
But if they are not credible what difference does it make?
And yet here you are wanting more words words words, if management is not credible there is zero reason to be here or believe them when/if they say anything further
I believe that the rule is 180 days to provide current information, so combined with the info you posted about 16 months we are looking at either the end of September or the end of October before they would go to the expert markets.
I believe it is the 180 days though, for instance they have 90 days to prepare their annual report and can file for 15 more days via a NT, meaning they would go pink limited on 10/15, I doubt they would drop to the expert markets after another 15 days.
I believe they would have till the end of September
Decent volume on a number of OTC tickers to start the week, perhaps the rebound is upon us. With the big boards in flux, crypto in the toilet maybe some money will flow back into the OTC while it is as bottom barrel prices.
Washing trades, 40k at .012 40k at .0115, bunch of 10k on top
I have never said they used dubious means for anything
It is the OTC, anyone buying shares of a pink sheet is buying some bait that is thrown out.
You got to stop acting like this is the big boards
Not following through on forward looking statements, especially those announced before COVID means nothing due to a variety of reasons, putting out a tweet with the sole purpose being to manipulate shareholders into selling? That is far different. I mean you are basically saying that big board companies that miss their earnings targets are manipulating their stock.
If you think that is manipulation you should never buy a single OTC stock, ever.
But they have shown time and again to be very careful, I doubt they are going to put something out that i s purposely misleading that could be evidence of actual stock manipulation, being quiet and late on filings is not manipulation, putting out false statements for the sole purpose of manipulating shareholders is quite illegal
I don't think so, why put that tweet out if they were going to do that. I'm guessing we will see the financials posted any day now. And don't think going to the expert markets would change much, who ever is still holding will continue to hold at this point, not like there are any other places to park your money for a better play.
there goes another one of those market type sales