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I'd say a double bottom, but it is a very "WEAK" bottom with very few trades the last time at .0009, just like yesterday.
As for the close, we all know.... whether there is a WEAK paint up or in this case down at close, don't mean chit, other than to make it appear like things are weakening, which they aren't.
As much trying as being done, .001 is the bottom here. I myself picked up some the yesterday and I'll prolly grab more next week if it stays down here... I mean why not, buy low.
But by all means, keeping trying for trips. Maybe they might just bring it lower, or not. I'm dieing to wait and see and grab some of it does.
OMG!!.... we're so into TRIPS, omg
I can't stop "tripping" out on that comment!
Maybe next week for trips, lol
Buhahaha
Wow, so about 2 million of today's shares were at .0009 or less than 2% of the total volume.
And this constitutes we're in trips, buhahahaha
Ahhhhhh, so sad, no trips... AGAIN!
Oh, but they're coming next week!
Buhahahaha
That's what is exactly happening here... they are oh trying soo hard to bring it down. Just a little .0009s last time.
Another attempt, I see the same pps range
BYOC is an SEC filer, which greatly trumps the regular OTC filing requirements. Imo, the otc filing requirements are a joke and with a little bit of mentoring or perhaps none at all, i'm quite certain I could put together a filing. The OTC filing requirements are quite simple compared to SEC requirements.
Above all else BYOC has been current and on time in their filings for over 3 years and I expect them to be for many more years, perhaps on a higher exchange, since a company has to be a SEC filer to be on Nasdaq or NYSE.
Heres proof of SEC compliance:
https://www.otcmarkets.com/stock/BYOC/disclosure
I would agree. They ARE going to take advantage of the crackdown this fall, and announce what they have been working on behind the scenes. There's going to be a TON less tradable penny stocks and then out of those legit bunch of stocks that can be traded, which ones will rise to the top? My guess based on what we've been hearing and seeing with who is involved, something big.
Why would an institutional investor take a risk and give them 1 million dollars, without knowing what's in the works behind the scenes? See below for that investment at a "fixed conversion price of .01 per share"
On March 31, 2021, Beyond Commerce, Inc., a Nevada corporation (the “Company”), entered into a Stock Purchase Agreement (the “SPA”) with an existing institutional investor (the “Investor”) pursuant to which the Investor purchased for $1,000,000.00 in cash 10,000 shares of the Company’s Series C Convertible Preferred Stock, convertible into 100,000,000 shares of the Company’s common stock, (the “Shares”), at a fixed conversion price of $0.01 per share
https://www.otcmarkets.com/filing/html?id=14846708&guid=2JN9keX4vAs_x3h
Truth, but that can be said for any exchange... they just disguise it so much better on the bigger exchanges.
While I'm still learning and definitely still have a ways to go... I'll say this for BYOC.... any manipulation or price action is SOO damn obvious, as well as, how it obvious it all correlates to filings. It's too obvious and the chances to buy and grab a great size position have been endless. Its astronomical how crazy this is to be able to buy buy buy this pps down here... i'm endlessly shocked. For how long, we've seen the PA controlled very well.
Its almost like they are saying to the world; "here is what we're doing and where it's going. Do you want to make money?" If not, then dont or chase away later, either way, I don't think those in control care one way or another.
But they know how stupid the typical otc trader is; so once again... once the stock moves, people will pay whatever price it goes up to. Of course this can be said many tickers, but I still don't think other ones have been as obvious as BYOC. Maybe I'm wrong, but it's going to work out well for me and others who see this as I have.
Still buying when I can!
Except when the purpose is to accumulate shares, then its best to get them as cheap as possible, which is undoubtedly why the pps is in the dumps and somebody or entity is accumulating
With the float locked, we shall see, won't we. Oh wait, cause they're going to dilute it more instead of with the traditional financing that they have, with an institutional investor that's in at .01. Gosh, that makes soo much sense.
Like Mickey D's; " I'm loving it"
For historical purposes for QB status, here is what happened:
BYOC lost QB status because previous CEO George died, a group sold off, it was shorted to death... and after all of that, the price dropped below .01 after a certain amount of time.
Besides the pps, BYOC easily meets the standard to get listed back on OTCQB... but who cares, they want NASDAQ.
Good find... comparatively to Epica, I agree and believe that this is part of Geordan and B.O.Ds business plan using data and predictive analysis (AI) in the companies that they expand with, either thru acquisition, mergers, etc. AI can be used for any company in any industry, across the globe.
Otherwise, there's a lot of holding companies out there in the world and they seem to do quite well, so there's that aspect going for BYOC, as well.
Completely, 100% agree with your post. Its spot on, as usual.
I literally shortly ago told a couple of important current investors that you have to really stupid not to see how controlled this is after today's price action. Lol
I've said this before, but wow, today is god damn obvious... OBVIOUS.
Did you read the article?
Getting through the dilution from that bad entity Iliad Research and Trading L.P., a legendary so called “toxic lender”
And the price is holding right here around the par value.
So yes, everybody should be happy to get this lender off BYOCs back officially forever, since BYOC has traditional financing going forward.
Here's an article on this POS outfit.
https://www.google.com/amp/s/utopiacap.com/2020/03/18/iliad-research-and-trading/amp/
I believe the BOD has a good reason... and its definitely shareholder friendly, while this may not appear so now.
I don't believe it's "just" the market makers...
Nice post, spot $ucking on...nice volume... and bids getting refilled... buhahahaha
Sounds like a feast on those trips then... if they actually hit.
And look what happened w/ the BYOC RS... it was canceled! Buhahaha
Like it was purposefully used and announced for a reason... lmfaoo
I say do it then! Don't let the door slap your arse behind you as it shuts and the pps goes for a nice run, never to come back to this level again... kinda like last summer... but that was a totally different scenario than this year... but by all means, do what "feels" right. GLTU
I can ACTUALLY agree with you, holy Shit... i'm beside myself right now.
Now let's be patient and see what happens here soon.
I have patience, do you?
Will see, won't we.
I bet Geordan won't be thanked either, when he pulls this off and makes people a shit ton of money. Am I correct that he won't be thanked?... Nevermind.. I already know that I am, no need to respond.
However, I will thank him.
Yes, that is... and I say this loosely because the words will be used against BYOC... "the hope" that this dilution is winding down and DONE.
As usual and per BYOC filings... it's all there for the world to see where the dilution is coming from.
As you and others are seeing... the speculated last few amount of dilution left or near to it, at least.
They haven't raised the AS in quite awhile, so of course dilution is expected to go to 10 billion, buhahaha
https://www.otcmarkets.com/filing/html?id=15156243&guid=UiU9kKuVjgLPQ3h
I believe and assume it's due to this....
A complaint against the Company, dated June 9, 2021, was filed in Salt Lake County, Utah, by Iliad Research and Trading, L.P. (“Iliad”), a former noteholder, alleging that the Company failed to timely deliver warrant shares pursuant a Notice of Exercise of Warrant. Iliad sought damages exceeding $1.4 million; however, on July 8, 2021, the company and Illiad entered into a Settlement Agreement whereby the Company will issue 363,185,553 shares of Common Stock to iliad within 45 days.
Yeah, how STUPID is it to say its going to .0001 when there's .3% EVERY day of volume and a % of that is getting accumulated, BYOC.
If it was going to .0001 it would have over a year ago already. The lowest was .0002, but that was manipulation to flip PSAR as low as it go, nobody retail got any shares, that's for sure.
A year ago a whole lot more shares got converted for debt than this year. A lot.
This year, things are a TON more favorable, as can be seen in the prs, 8ks, and let's face it, it went to .011.
I'd feel stupid as a mofo, even bringing up its going to .0001. It would have been respectable to say maybe to .0009/8 for a minute or 2 intraday at some point, smfh.
Let's do some math... shall we.
Buy shares last summer at .0003 in BYOC, say $1000 gets you 3,333,333 shares. As compared to now at .0011, where $1k only gets you roughly 900,000 shares.
Wow, those shares are still at profit right now if one decided to sell. But why do that when this is the bottom?
So when this is low like it is now, and few days, weeks, months later, when this is much higher, anybody buying now will be sitting pretty.
I'm pretty sure the people and especially the investors who are in control know what better way to scare folks by bringing the pps down to this level, all while they accumulate each and every day.
Hence why I mimic them and do the same, buying when I can.
The feeling I get, is almost everybody wants trips to get more cheap ass shares on this gem that is BYOC, myself included.
So this really isn't scaring anybody, nor is the fact that there's dilution, especially the investor or investors that are accumulating the dilution.
But yawn... i'm sure I'll have to keep mentioning this.
Just like last summer, when the conversion of debt, and all those pops occurred. The smartest traders would have traded it while holding a core position, but I really don't see many from last summer, so most everyone except the investors, sold off. Except for me, I buy and hold, but I like long term cap gains... which I WILL get.
Lol, how many people see this bullish chart, buhahahaha
Yes, % of today's volume, so its not heavy dilution, nope. Wrong again.
No the price has essentially leveled at this area for awhile now. Have you looked at a chart lately? Pretty easy to see the bullishness here, wow. A blind man can see how well BYOC is set up, lol. Should be buying.
And as I've said too many times...if they wanted it into trips, they would have brought it there a long time ago.
BUT they HAVEN'T. I guess the dilutors(debt holders) are on friendly terms with whomever is accumulating the diluted shares. And they've accumulated a lot of shares!
Where is there heavy dilution? .3% of the OS is not a whole hell of a lot for today.
And remember, as mentioned countless times, so I'll say it again, ALL the dilution is being picked up and pps is being controlled at the current level. Which has been like this for awhile now.
Pretty much anybody can see this, its really not hard to notice this with BYOC.
Its really not.
Correct, if the company only cared about retail traders here on ihub, they wouldn't be in business for any length of time.
Part of the negative aspect of being "an investor" is "capital lock up time".
Everybody has to come up with thier own timeframe on how long do expect to make money and what is the risk/ reward.
Awesome, thanks for confirming that.
Saw you DM, that is interesting, as well!!
The 5 digit trades are MMs, that much I know, as we retail can't enter that many digits for buys/ sells, at least as far as I know.
You are somewhat correct, however, and to be honest, the net effect from convertible notes is diluted equity to shareholders.
The good thing is the toxic convertible notes were snatched up last summer in the trips, anything left is well under 1 million dollars worth, appears in dispute, or has maturity dates in the future.
The conversions this year include Discover (who provided the funding for S800) and then there's Illiad who will or already has 363 million shares.
So again, all the horrible toxic notes are long since gone and blues skies ahead with traditional funding under favorable conditions per prs they have announced.
Talk about me obsessed, lol.
Anyway, yes it's quite undervalued for a legit business getting recognized for doing real legit business in its state...
https://beststartup.us/33-top-minnesota-market-research-companies-and-startups-of-2021/
For market cap we are at a small fraction, but that is because of the dilution, once that ends and catalysts are presented... look out.
Without adding any multiples to the market cap, we still have cash on hand, assets, and value of those net operating losses. So there's an enterprise value here.
Bottom line, don't be fooled... IT'S UNDERVALUED
https://www.investopedia.com/terms/m/marketcapitalization.asp#what-is-market-capitalization
Thank you! What better way to become successful, is to follow and mimic how a true legend became successful, even if it applies to an OTC pink company such as BYOC, while its been deemed a so-called scam, so many times its hilarious.
I also figured why not mimic what the investors have been doing for well over the past year, accumulating BYOC shares slowly each and every day, while they maintain and control the pps.
No need to shout... lol.
This also sums up things very well with BYOC these past couple of years...
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."
"Widespread fear is your friend as an investor because it serves up bargain purchases."
"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
"The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table."
Lastly:
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
LAS VEGAS, NV / ACCESSWIRE / April 5, 2021 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, announced today the closing of a $1 million equity financing with a fixed price of $0.01, representing a 370% premium to the current market share price.
The funding is from an existing institutional shareholder and is subject to resale under a registration statement or Rule 144 eligibility in six months
https://www.accesswire.com/638917/Beyond-Commerce-Closes-1-Million-Equity-Financing-Priced-at-001
If operational expenses were oh so terrible, then why did an existing institutional investor give a million bucks for shares valued at .01?
Here is the "SEC" filing, which soo many other OTC stocks that can't be traded soon...are going to be envy of.
https://www.otcmarkets.com/filing/html?id=14846708&guid=SsC1kF6jaRSeAyh