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I agree on your second part. But it depends with the corona they get support ( money ) of the governement... Of course it helps only a bit I know. But better than nothing, because that would be bad.
I still think it will have a run up... maybe like last one till $0,0012 but I think even till $0.0022 but after the next quarters have to proof their revenue and with corona virus not helping
Yes they are really late with all there filings.... Nobody hoped this.
The reports will be published, soon ? No clue... what an idea to change of accounting firms so late
When the reports come out, this stock will have a run for sure... maybe not long lasting, maybe confirmation of improving operating profit since a couple of years. ( corona will have slowed it down for some months though ) News will tell
Yes they are really late this time.. What an idea to change so late from accounting company...
They will come out with the reports, I do not know when... I hope soon!
No this is not correct... nothing bad is happening with the company.
They changed almost last minute to change to another accounting firm, but they had to take over all the data of 2019....
Normally they always post... but it seems they need more time..
Which is disappointing.. because when the news is out it will go up for sure !
The float is "only 41 million shares" ( March 31 ).
Now the outstanding shares is 1 million.. but no reverse split coming ( at least "yet" ). No much higher since last month.. great !
No reverse split is coming, this has been already said since many months now.
The "float" is still low.. the outstanding shares not so important..
Each year more revenue and each year more gross profit ! That is a fact!
No dilution since a month is a good sign...
The float is very important, a lot more important than the outstanding shares..
They extended the filing of the reports for a few days now.
Finally we will get those reports we are waiting for, the stock price is supported around 3-4 that is good ! Before it went long time down to 1-2.
With the news coming out this will be for sure going up like before, maybe even higher.. This could be temporary or not, nobody knows !!
And like I always said : they always file something, even if it is to extend ! But they do....
That is good news... that is only few days away !
Finally they will file all reports.. then we can move forward...
It will go up for sure...
I hope.. because a lot of financials out ( due to changing accounting firm sooo late )... but they always sent out a report ( even for prolonging )!
And nobody mentioned that last week 4 days were buying volume, 3 selling volume with still reasonable high volume compared than a month or more ago
You can't know this neither....
They will file anyway this month a document...
Normally all 3 missing reports ( they changed recently of accounting firm)...
Some persons saw that about Amazon.. There is always a chance that they applied and get it.. but that part is pure speculation....
Real fact.. Is that the reports need to be out, soon the next report too...
Yes they always came out with the reports, last year ABCE already posted the 10K of 2018 on May 21, now with the corona AND changing "late" accounting company it has a delay.... so soon the reports should be out !
Euuh I never did a prediction ! I always based on the SEC filings, I don't have a magic ball that predicts they would extend it, this time because changing of accounting firm ! Not my fault they are late....
He doesn't know it
Sec forms of ABCE says at almost end of June reports should be sent...
Reasonable volume today compared with the beginning of the year.
And today it is ( till now ) buying volume !
ABCE now it is your turn to do your work
Now I always said with 2 deadlines in June So don't quote some non informative quotes of unknown people
The good news is we finished at 5 with buying volume ! Normal volume with no news out yet....
Does the SEC need to give approval on those reports? Take extra time to "appear" in SEC section ?
Like you said... That is true, in the "past".
Now new CEO, new accounting firm, corona gave valid reasons of delay.
But the delay is nothing, they just have to continue grow the revenue !
Based on what .. ?
So next week coming out !!!
Already now the volume is almost as high as the 2 previous days, and still good 4 hours to go...
Ugh... yes the report of Q1 2020 is before or on June29th !
But the Q4 2019 with 10K 2019 is before or on June 15th, right ?
Look to the SEC forms, ABCE sumbitted them last month.
These are facts !!
I quote May 14th:
"The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date;"
https://www.otcmarkets.com/filing/html?id=14147034&guid=bB9FU65yvZWVrth
I quote May 14th :
"However, our ability to complete and file our quarterly report for the period ended March 31, 2020 has been impacted due to government imposed restrictions related to the COVID-19 outbreak. In reliance on the SEC Order, we will endeavor to file the quarterly report no later than June 29, 2020, which is within 45 days from the original due date."
https://www.otcmarkets.com/filing/html?id=14148115&guid=bB9FU65yvZWVrth
Keep it to the facts instead of saying nothing interesting.
The news will be out soon, that is for sure !
There are almost 3 reports in total that need to get out : Q4 2019 + 10K 2019 + Q1 2020
Now it stays between 4 and 6... people are waiting to the news getting out ! Till then not much movement up...
Only thing people try to manipulate with false vague news/sentences.
So wait and see......
Indeed.. they changed sooo late of accounting firm.
Now we have to wait a bit longer, hopefully this week.
Some good technical analyse news - the 50 MA is slightly moving up ! Positive indicator :
https://twitter.com/InspecktorPenny/status/1270465457125052424/photo/1
I know for these penny stocks less relevant or trustful !
No it is time ABCE comes out with the 3 reports... one after the other
And the first 2 reports ( Q4 2019 + 10K 2019 ) will be very soon submitted to the SEC, they missed the first date but changed of accounting company, they submitted an extension ( date 14/5 ) and that is, I quote :
"The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; "
There are many people that trade for so many years....
So you are saying he using his 9 accounts to make that one Twitter account big with positive reactions ? :O That is some their tactics to get "attention" and followers.... ugh...
Back to real investing, let's see what happens today...
We need news out !
That is true ! This hasn't happen in the past, these days up AND high volume.
Now it is waiting on one of the 3 news that need to get out ( and I personally don't speak about Amazon, I prefer to be careful ).
I am speaking about the results... real documents, being sent by real people and an accounting firm !
The BIG difference is that it already goes up before the news and multiple days this time AND much more volume this time too...
Just waiting for news..
I understand you...
Till now it is buying volume... not much though !
Yes but you are forgetting the reports that will come out before !!
The ones of Q4 2019 and the 10K 2019 ! You are already speaking out the Q1 2020
The short selling is still around 60% :
https://otcshortreport.com/company/ABCE
Info about Naked short selling :
https://nakedshortreport.com/what-is-naked-short-selling
So if the news comes out the short sellers have to cover up, and up goes the stocks Certainly in this case...
Buying volume is there, but this will be temporary, it won't move today UNLESS news comes out.... more and more every day !
Look I would love that the company will work for Amazon.
But till now it is just speculations...