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73M shares traded already, and it's early.
Might hit $10 tomorrow if this volume continues.
Nice leg up, feeling better about my entry position now, Lol.
Yup, no way they can hold this down with this volume.
Picked up a starting position this AM.
I was thinking the same.
This is a crazy buy right now, large volume, easy money. Buying all morning here.
I added a couple thousand shares as well @38.30
It looks like VIAC is being sold off prior to earnings, based on DISCA results, which in my opinion is just silly. DISCA is not in the same league as VIAC, and earnings are trending in the opposite directions. ONly because of a once rumored merger do they trade together in sympathy. Ridiculous.
.50 coming!
News did pop. Binance was ordered to shut down services in Malaysia, where Belfrics is fully licensed. Binance under severe scrutiny now, and my suffer shutdowns in other regions as well. Very positive for Belfrics LCLP
I’ll give that a flabbergasted open mouthed …”wow”. If the IR person doesn’t think this is a good investment, then what? Of course any stock investment should be considered your own personal piggy bank. What an unbelievable response to get.
I think this WILL be a very interesting stock …in about a year. Right now a reverse split is coming up quick on LCLP, which unto itself it not a huge negative, as equity remains the same. The problem is that there is a 1B share offering coming soon, the company has no money, a 2.5M liability, and needs to come up with a $20M payment to close the belfrics deal …by next quarter. So the 1B share offering, that hasn’t been priced yet, is going to come slamming down on investors very quickly, and may not be enough to cover in additional costs. So the company’s lame excuse about being unable to reduce the authorized shares may be just that …a lame excuse, and we may see additional offerings very quickly, and the share count balloon to 5B. …and another RS. I was very high on this stock early on, but all signs point to a complete lack of care for current shareholder value. GL
MOSY Looking very good here!
LCLP Press release this morning! $LCLP Press release this morning. https://www.otcmarkets.com/stock/LCLP/news/story?e&id=1947785
Forbes article mentioning Belfrics as a top crypto exchange along with Binance. https://www.forbes.com/sites/billybambrough/2019/12/01/jack-dorseys-future-defining-plan-to-bring-bitcoin-to-12-billion-people/?sh=5dd5504a4f6f
I think buyers will be like ravenous dogs at the open hoping for a pullback, and willing to bite off the hand to get to the food.
The filing is an amendment to a previous filing made months ago fixing a clerical error. Nothing more.
We traded $32M today, $5M is nothing. Especially when it's priced much higher than the current share price. Some offerings drive UP the price.
Company just announced they will be clarifying all the misinformation being spread on social media tomorrow.
Love this comparison!
yup.
I'm, of course, not taking into account, expansion and business development costs, but jeez this sure is the most exciting stock I've seen in quite some time!
I'm adding any and all dips at his point.
Last year LCLP performed 1/400th of the $ transactions of Coinbase, if we draw a direct correlation of market cap to transaction value. It gives it a .06 valuation for LCLP as of last year. With a 5X YOY growth it should be valued at .30 today - just for the exchange business, and that is not forward looking.
But there's more...
Belfric's primary income currently comes from blockchain solutions in business applications. I've been reading of the various applications including a Covid vaccine blockchain monitoring system in India. I have yet to find a comprehensive tally of all their contracts, but I've read enough to see it is a majority of their current income.
So I will conservatively say it is 2/3 of the business now.
So lets triple that .30/share to .90/share
...and we're still talking of a yearly growth of 500%, with and new offices being opened all over the world including the United States, a 500% growth may be conservative as well.
So...
Sky is the limit right now as far as projections go!
I've been comparing the aspects of both COIN and LCLP all day!
Bingo!
$LCLP Brilliant! New highs coming! https://t.co/qL81wn3Ul3
— InvestingClues (@InvestIngClues) July 17, 2021
RS is not filed yet, nor finra approved. Could be weeks away still, if it happens at all.
LCLP is just beginning it’s climb. The earlier you purchase, the more money made. Simple equation. Soon we will be making .05 a day moves.
Market cap here is still very.
Thanks for posting. this is excellent!
Very much so! Cheers!
It’s in the filings, but I think if it doesn’t happen, or is deemed not necessary at this time, LCLP could triple in a day.
Might add that *ALPP planned a reverse split, and then decided they didn’t need to as the share price appreciated from .01 to $4.
Pretty sure this was not his prediction. The projections of future revenue are out there.
It is sinking in… it is.
LCLP will be the Stock of the year.
That is simply AWESOME!!!
Closed very strong.