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This is really starting to look like reverse split territory. I am long here and I know Daniel said no RS, but let's be honest with ourselves, the rhetoric from him earlier this year didn't sound like trips in the summer either.
I am long.
Default judgments are real though they are sometimes a legal strategy so that the appeal is at a different venue. The company also has to have the money to give as well.
If the company has the money to give, then the default judgment could potentially be a legal strategy. If they are broke, then the judgment is just a judgment.
How are we doing a share offering at .0075 when we can't break .0014?
So flippers are dumping millions of shares at < the average sp of the last week?
I am with you. I happened to look at l2 as soon as the news dropped. There was solid movement to .0014 and then millions show up the ask at .0012? Gtfo of here.
Don't even try it. There are reasons other than dilution for a t trade. No one will listen to that though.
Only ~2mil AH trade today. I will believe in the power to skip value.
As much as I want to believe, you said that last week.
The two companies have simultaneously owned it since I checked in February. In February there were two separate registers for the patent each by a different company, one being web objective capital. I called the Canadian patent lawyers who handle to ask why this would happen and they said I would need to buy time from a lawyer to get the answer to that question.
Who is that true market maker on the bid? Olmn?
Wow exciting day here at KRFG. Moving up the Breakout Boards 48 to 46!
It might be manufactured but it has absorbed 20 million shares just fine and it's still 9 million + strong.
Do we know that this is the hold up for an absolute fact or is it just very educated speculation?
Well, there are two conflicting pieces of info. One piece comes from the annual report on OTC markets, and one is a copy of an email circulating on ihub.
Please, and I am only here for objective discussion, tell me what piece of official info contradicts the statement on page 6, note 1, paragraph 2?
https://backend.otcmarkets.com/otcapi/company/financial-report/212623/content
Again, I am not being facetious, I just want to know what I am missing.
They have begun
Oh wow volcano! Things just got interesting...
Post a screen shot, be a hero.......
The same thing was true about DOLV......
And by what criteria do you think it is a dead cat bounce?
Great day. I was hoping we wouldn't see a %300 with a HOD close. This is much better.
Up %100+ on 37 mil volume is ouch?
My G.
At least we have a clear path if it does!
If they farted we would land on the moon.
Completely different L2 this morning. I think something is gearing up to change , I can't guarantee that it is good LOL.
I bought, and holding, happy to wait. Don't buy this if you need to get rich tomorrow.
It is a big deal in your time line. It is not a big deal in theirs, they are in control.
I doubled my position today. This was a gift IMO.
"A broken clock is right twice a day"
This is how I sum up all of ihub
That's big talk, link?
You have to Google search
KRFG site:otcmarkets.com
The link to one of the filings is entitled, letter to cusip for name change and reverse split
This document.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://backend.otcmarkets.com/otcapi/company/dns/news/document/34268/content&ved=2ahUKEwjIu4Cr1qriAhXD6Z4KHeHdD0IQFjAMegQIARAB&usg=AOvVaw3oTPHxmkqEkH8hKny8Rt1L&cshid=1558375130462
Also, type this in to Google
Krfg site:otcmarkets.com
Scroll halfway down, there is a direct link to a filing by Cutler Law Group regarding adequate information. The link to the file says " letter to CUSIP for name change and reverse split"
I need to stop dictating I have messages into my phone while I am on the freeway. I hope you can figure out what that last post meant LOL
Just looking at the timeline of DOLV:
They submitted their attorney letter on April 7th oh, so let's say they go current on April 12th. After then, we see two quarterly reports that are both published more than 45 days after the quarter ending. From there, the symbol change is official by the quarterly report for the. Ending on 09/30.
So to sum it up.
- they were current on April 12th
- the following Court of these were submitted more than 45 days after the quarter.
By September 30th there is a symbol change.
We have not hit the end of that time line by any means.
Fiscal year is still 12/31, we are thinking the same things.
Look at the corporate activity page on OTC markets. All the companies that missed their filing before this quarter were given their yield sign on Saturday. It is a pretty decent size of list, why are we not on it?
Meh I am looking at .0013 for bottom and I think that lasts for way less than an hour.
If this hits .0008 then I will forever believe in gaps