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Whoever it is, woke up and realized he can get them cheaper. I guess I will wait to add. It will get there if fins don't come.
Yeah, looks good. The RS only scared a few who listen to those wanting to get in cheaper. P2 data readout by Wednesday. All arrows pointing toward good news. .20's easy this week.
Yep, and AMAZON will swallow the whole thing up when the time is right.
The fins are already months late. I seriously doubt they would hold them back even further. When the audit is done, they will release them. They know they have put many shareholders in financial ruin due to this debacle. To hold them back even longer would be a total and complete failure of their duties as CEO/owners, not to mention criminal. I doubt they are going to jeopardize their burgeoning business as well as continue to injure shareholders getting wiped out to dilute the little they may have left. Additionally they could dilute at higher price once fins are filed IF need be.
Plus, IMO that 2mm bid at 02 was put there to keep it from going any lower. Whoever's bid that is could have easily put it even lower and it would have reached mid/low 01's already to start getting hit. Surely just my opinion, but they are fully aware what is going on, and the fins should be filed when audit is complete. 'soon'
Interesting week ahead. Results no later that Wednesday. That news should send the price higher.
That's a good point. They could have dropped that huge bid down to 015 if they wanted and probably would have already started getting filled at that price.
Like I said before, seems like they want this as the floor so it might just be the bottom... unless it gets chewed through before fins.. but I find it hard to believe it goes lower otherwise that huge bid would have been dropped down already. We shall see!
Good catch. I noticed that language too, but didn't know what to make of it. It struck me as odd because that isn't normal information included in these type filings. Let us know if you have any further info regarding this. Thanks!
True, the R/S will be necessary to maintain the price over $1. BUT they can't control what the price does when P2 results come out. It will surely get a "pop", which is all I really care about anyway. They certainly played this very sneaky and obviously don't care about current shareholders. I certainly don't care what happens after P2 results surge. I put a few lousy bucks in this for that reason only, so my risk here is minimal at best.
I know. It's hard to imagine you guys were expecting the fins any day back in late April. Yet, here we are still waiting on those same fins. I totally get the absolute 'hate' you guys feel for the situation Chris/Tim let happen here.
I really believe they know the financial ruin they have left their shareholders in and are going to do everything they can to increase shareholder value once audit is complete and filed.
No matter how cheap the price is, some always want it even cheaper. I don't see it going lower than 02 because of that big bid sitting there. Seems as if someone is trying/succeeding at keeping it there until fins drop.
Without actually saying it out loud, they are giving shareholders under water here an opportunity to average down before letting it go.
Not only fins but other news is most likely being held back until audit is complete in order to maximize the push upwards on this stock. They know how disastrous this has been to us everyday folks investing in their company. Here's to HOPING!
Plus, people who are only looking at from a R/S perspective need not worry now since it is at least 2 months away from occurring. It can't happen until they vote on it in mid Sept. And by then, it could/should be well over $1 with positive P2 results out next week.
Agree. Seems many here are wanting it lower to add cheap BY discounting AND ignoring the fact that P2 readout is coming by mid week, WHICH if positive will send this up BIG.
Understandable since some are under water here. This stock only recently(2+ months) dropped under $1. Before then, it was always well above $1.
Should be a volatile week, but looking forward to the results that send this north.
Yeah, but with 2mm on the bid it isn't going any lower. My guess is fins will be out before that 2mm is eaten up. Even with 1mm volume today, there was still around 1.7 of it left. We'll see, but I think fins will be out 'soon'... lol
You're right, that was sneaky... BUT, there is a news event coming soon. actually news that everyone has been waiting for... P2 results. that alone can run this way up. SO, no telling how it plays out yet... either way, it's not going down if positive results come, so there will be plenty of opportunity for people to get out prior to the vote.
The data readout is due next week, so as long as it is positive we should get a good run. Plus, depending on how high it goes will determine the amount of the RS. 1/20 is the best case scenario based on the news just out. Most of us will be gone before Sept anyway. Let's hope the P2 data is fantastic.
True, but the vote for the R/S is Sept 10, so at least it isn't happening until after that date.
Added at .152
Sudden drop to take advantage of.
Close in the .20's likely. 7/31 is next week on Wednesday. Look for upward movement each day til then... If readout positive, it blows up!
Started a position here this morning based on SA article. Data readout due 7/31, next week. If positive look for this to run to .5 fast. GL.
Sounds good. All of this is interesting to see and possibly a good sign that fins are coming, and when they do a serious run will ensue. GL
That actually makes more sense. SO, no matter what the real situation is... someone is wanting a LOT of shares prior to it running..ie.. release of fins.
Ok, but then why was the bid at 04 to begin with? Why not have just been at 02 from the start if he is 'in the know'(that it would drop lower)...?
Not refuting your response, just doesn't make sense to me to be at 04 at all. Thanks.
Exactly. OR he could just be a gambler. Knowing the fins will come eventually makes it a good bet, especially at 02.
Thanks for that. I confused the Q ending date as June 30. The poster I was responding to threw me off, as he is the one that originally misinformed the upcoming Q due date. Appreciate the correction.
Good point. MAYBE they are waiting for this past Q's fins due date(8/15) to publish ALL 3 of them together. Fiscal year end 2018, Q1, AND Q2. Yes, this is an outlandish thought, but you never know at this point.
Hopefully I am way off and the past due fins come out Monday. Either way, today will be interesting to see if the rest of that 2mm bid gets eaten and we go to 1's... OR....?
Exactly. Independent of institutional buyer, whomever has that 2mm on the bid at 02 is providing a very big support level. Whoever it is, thank you.
Regardless of who is behind the bid and/or institutional investor rumors, etc., SOMETHING is going on and we may be on the brink of several major announcements once audited fins are released.
I'm happy to have started a position this week, adding daily. Fins are coming soon no matter what soon means, they are coming and a dime will occur super fast and a quarter in short order.
Great info, thanks for sharing. There were several 10k block buys end of day.
I agree, you can't just believe anything posters say on this board. But reading some of his prior posts, he seems to have spoke to him on the phone a few times in the past as well.
Monday---maybe, maybe not. but the fins will come at some point and we should rise fast when they do. Just HOPE the OS is at or under 20mm when they hit.
Read post 43593
They are selling to me on the bid at 0205. Looks like dilution still going on, PLUS a good chance 1's are approaching. Would rather NOT see it, but will buy 1's if they are available tomorrow. HOPING for Monday fins!
You're right about that. But the closer it is to 20mm, the harder it will run right off the bat.
No prob, bud. All any of us can do is ASSume and hope. Regardless, the fins will come at some point and as long as they are in the 20mm OS range we will climb to a dime quickly. (assumption on my part)
Read my post again, I never said Tim. Then read the post where this info came from.
savar 43593
If they bring it down to the 1's today, I will add some. Otherwise I will wait til tomorrow, per your advice.
Let's see if fins come Monday, as one of our posters claims Chris told him on the phone yesterday.
Either way, once they do drop a dime is certain that day. As long as they can keep OS under/about 20mm with 8+mm in revs last year we get to a quarter in short order.
According to your conversation, he expects them in the next week. I have only been here a short time, so waiting another week isn't so bad for me. Especially if I can grab some 1's.
Agree. That's why I started a position this week and adding daily so far.
Agreed. I got around 80k at 0207. Anything can still happen, but we may have seen the bottom...?
The updated SS is a start and potentially a good sign that things are about to start coming to fruition. The fins are coming at some point, and the SS is part of it. Yeah, dilution occurred. BUT new investors looking in see 12.6mm OS as nothing, especially with the way undervalued market cap.
Once fins and PR update come out, big correction will be underway. IMO
Well, you got filled at the 52wk low... which are occurring daily here. Good for those averaging down. Question is, when does it stop. I added 130k to reach my goal. I will hold here unless it drops to low 1's, then I would add more... HOPE it does NOT happen. These guys have to be feeling the pressure to get things in order right away. They realize what this ever falling share price is doing to people's financial livelihoods. Again, let's HOPE!
Hate that they have been promising these fins over and over only to keep failing to do so... for all the shareholders sake who have been buying the past few months as the price sinks... definitely a shame.. I have only been buying in this week, so I'm not as pissed as most here... They have to post at some point.... I HOPE! GLTA