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Published Bid & Ask is gone next week for all shell labeled companies
Like ASCK
New SEC mandated rules for shells and delinquent filers.
Bag holders think ASCK is hard to get off the bottom of your shoe now
Wait until there's NO public quote
It will end funding via dilution for these imaginary companies.
Imagine where the stock would be without that OVER-PRICED Promoter (Kepman's cousin)
WOWSER --- it's already headed to becoming a teenager soon
TOXIC DEBT is only THING produced in 6 years of publicly trading
Shell Companies lose electronic quote in 8 days
Sept. 28th
There will be NO visible bid & ask
back to the old days of “paper stinky pinkies” for ASCK
This is a shell labeled company
Not an Emerging Growth company as they paid to be portrayed as on the video
Trading publicly for 6 years with NO REVENUES or PRODUCTION
Now tries to label itself as an emerging growth company
LOL
Insider buys in the open market are a strong indicator.
NONE HERE!!!
Insider sells in companies is attributable options and compensation.
Insiders ownership tells a different story at less than 1% owners
Apparently you & the writer in Kitco missed the article @ Bloomberg in August
Musk has already signed contracts with BHP in July
And is having negotiations with Chief Executive Officer Randy Smallwood of Wheaton Precious Metals, who is one of the world’s largest metals streaming companies, whose business involves giving miners upfront financing in exchange for the right to buy produced metals in the future at a discount.
Musk has also gone on the record as saying he looks to engage in business with companies already in production, saying he can’t bet the production flow of Tesla on non-producing companies.
He said “While I am not risk adverse, I don’t like taking on other people’s risk, if the can’t get into production there’s no reason for me to get them across the finish line.”
Stick a fork in this pig??? Before or after the lipstick is applied???
Revlon Scarlet Red perhaps
It looks HEAVY!!!
Instead of paying $16,000 / month for a promoter (plus warrants), and one month has almost passed already, how's the promotion going?
Money should have been sent directly to Maybelline or Revlon
In hopes of getting a commercial discount for buying tonnage of lipstick
This pig is going to NEED a lot of lipstick
How could this company own mineral rights equal to 70% of what this entire country has EVER produced?
And the Canadian Government KNOWS NOTHING???
What has been said is their mineral rights are larger on one property than the entire country of China produces per year, and they are the largest producing country on the planet
So a stinky pinky sheet company is larger than China???
What's the stock price saying???
Official Canadian Government website says:
--- [color=red]only 50,000 short tons have EVER been mined in the country, yet this company says they have mineral rights to 35,000 tons
--- No manganese is currently being mined anywhere in the country
--- and LARGE deposits of present ore grade are NOT known
[/color]
That is NOT EVEN believable.
Here’s the link:
https://geoscan.nrcan.gc.ca/starweb/geoscan/servlet.starweb?path=geoscan/fulle.web&search1=R=100979
you are correct if they took stock it is a reportable event, it must be disclosed
but apparently, the insiders didn't take stock, if they had taken stock they would own more than 1%
and there would be a public record of insider sales
when INSIDERS own such a small amount of stock
That is a TELL and especially on these smaller companies
Market cap in Canada intraday is $35.5 million
Less than 1% is less than $355,000
And cumulative the insiders own less than $355,000 of the stock???
What does that say about the people on the inside and their thoughts of its future?
But wait for it, wait for it
“Frizbee” will come out and say
“It’s a great stock get some”
If it were a great stock - for real
The INSIDERS would be up to their eyeballs in stock
As you pointed out
They’re not - they own less than 1% - and they are the INSIDERS
why would insiders buy it in the open market when the stock could be gifted to them as part of their compensation package.
Instead, they knew the stock would become toxic and they chose to take cash in place of the stock
If the insiders thought the stock would be worth something they would have taken the stock directly from the company.
Writing is on the wall
"Frizbee" panics when empirical numbers are produced here
The numbers are irrefutable and tell the whole story
I guess the accurate numbers hit a little close to a nerve for "Frizbee"
Same source here says they have 35 million tons of mineral rights
The entire country of Canada has produced only 50 million tons in history
That means they have mineral rights equal to 70% of all manganese that Canada has ever produced
WOWSER -- LOLOLOL
According to the Canadian Government website:
“Canadian production has totaled about 50,000 short tons of ore. No manganese is currently being mined, and large deposits of present ore grade are not known.”
https://geoscan.nrcan.gc.ca/starweb/geoscan/servlet.starweb?path=geoscan/fulle.web&search1=R=100979
In the bank is only $1,767,453 or 36% of the $4.7 million
that is a long way from the $40 million or $44 million being touted here as "BEING IN THE BANK"
Same source that said their mineral rights equal 7% of Tesla’s Market Cap
$1,500 * 35,000,000 tons = 52,500,000,000 (Billion) in mineral rights
$52.5 Billion / $722 Billion (Tesla’s Market Cap) = 7.05% LOLOL
Imagine their mineral rights also being larger than the amount China produces per annum (31.67 million tons vs 35 million)
Bigger than China, one little stinky pinky stock mineral rights
if you believe that one, send me a private message, as I have a few things to sell you, unless you have already been sold the Brooklyn Bridge
LOLOLOLOL
Seriously, if given a choice what would educated & serious investors choose to own,
either 7.21% of Tesla stock or your reserves or actually it is just mineral rights, not even reserves until you can tap it?
if it can even be feasibly even tapped
Weekly UPDATE: take delivery of ASSCRETE certs, they can be used in place of toilet paper in case of another COVID-19 related TP shortage, that's the only way to get the true value out of this company's stock.
Be careful though the ink will probably run.
There's definitely a greater chance of the ink running than there is the stock running,
Unless it is to .0001, then the stock will run very rapidly.
Your numbers show that is $52.5 Billion dollars worth of reserves that you are sitting on?
$1,500 * 35,000,000 tons = $52,500,000,000 (Billion) in reserves - WOWSER
yet the market cap for the company in Canada is only $40 Million(Approx.)
You say that MNXXF is sitting on 35 million tons of Manganese
So MNXXF is sitting on more than the entire country of China
China is the world's largest producer of manganese by far, with production amounting to 31.67 million metric tons in 2020.
South Africa was the second-largest producer that year, at 16.02 million metric tons. May 4, 2021
here’s the link:
https://www.statista.com/statistics/1244066/global-manganese-production-volume-by-country/
How much $ is needed to produce nothing?
ROFLMAO
the only size growing is the ask, TIMBER!!!
not even trying to hide the dump
what bid??? only market makers there, there's no buying or support it appears to have left earlier in the week.
All the buying on the bid disappeared and walked away because the bid was larger than the volume that was run through.
wait till that buyer sees the dump coming and they try to get out while the dump is going on.
IT WILL GET UGLY QUICKLY!!!
perhaps your "shitz storm" analogy should be in CAPS and BOLD letters
congrats, the warrants you exercised were with companies that were adding value-related assets to their books, instead of buying Tweets
Lawrence G. McMillan wrote the bible on Calls & Puts...
it's called "Options as an Investment Strategy"
you have the time to give it a study, it is 700-plus pages
a lot of strategies explained, even the Black-Scholes valuation model for options is explained there
I have made good money on options when they expire,
the only ones to make money in options are the sellers, capture the premium and let them expire.
Warrants are ground cover (miss-direction) while the cash is siphoned,
imagine $16,000 a month going to a new lease or purchase of real assets for the books, something that adds true value to a company
But oh no, instead let's buy some INFLATED & OVER-PRICED Tweets, it is lunacy unless the destination of the $$$ is preplanned
Then the audacity to put it out in a press release and think people will fall for it
Warrants will expire worthless like they typically do
ASK is going DOWN, if anyone sneezes this stock will vaporize fast to .005 and maybe lower
forget slip-sliding away, without buying soon the drop will be a fast and hard one
and especially since the dumping is not price-sensitive, gifted shares never are
$16,000 per month plus warrants is so far out of line for any company of this size & stature
when the rest of their expenditures are done on the cheap, typically very frugal
all the CEO's paid promotional interviews are done in what appears to be his home if they are paying for office space then the company is probably leasing the basement of the CEO
for a company not to have an office space, then go out and pay $16,000 per month for Tweets
it just smells
there is NO way it is rational or justifiable
IMO
Unless the corporate bank account is being drained into a cousin's company, then it is { }
I left that blank so people can fill it in themselves
It is a HUGE Mistake, $16,000 Expense per month plus stock options
That kind of monthly commitment for a company of this size is financial suicide
Pay that amount to enter the "VICIOUS CYCLE" of social media platforms where people have grown accustomed to an hourly update because of the "Influencers" out there, it has created the expectation of a constant flow of info.
Any company of this size CANNOT live up to.
whoever the buyer WAS HAS WALKED, ask is growing for more dumping
you are correct these snowflake press releases will not attract enough buying power to overcome the dumping that appears to be building
Without something in place, this stock will NOT HOLD @ .01 long
Before Labor Day when buying usually drops this can get cut in half to .005
It doesn't appear that management is doing anything other than press releases or the bid would be more stable
So you enjoy fiction (LIES)??? I prefer Stephen King or John Grisham
See my last couple of posts about their "FABRICATIONS"
The statement you are referencing is another "FABRICATION"
RB Cap must be proud - 3 1/2 years in and
ASCK has shown NOTHING
ZERO --- ZILCH!!! Just more debt!!!
with PowerUp, Crownbridge, LG Cap, and anyone with the IQ of a Geranium
The OPPORTUNITY COST to RB Cap must be HUGE by being involved with ASS-CRETE
Maybe they both need a conservatorship more than Britney does
Great conviction regarding Manganese X, musicians on Titanic kept their convictions and rhythm right up until the end too.
The stock price is very reflective of the job being done.
Everyone is entitled to their opinion.
I am just stating a fact, that stock price is saying.
You are correct Kepman has had a huge role in where the stock price is today.
It's all on him.
Basically, he is driving this short yellow bus and he ran off the road and into a ditch.
Just another Canadian mining company hiring Canadian promoters for a P&D
The buying and support that took it above .01
it has left the building, whoever it was got their fill of JZZI
but
if you look at the way the bid size evaporated, it was yanked so fast
it tells you that they took their buying power and left the craps table
the stock looked like was ready to make a run, until they walked their bids back
this is back to where it was, going nowhere fast