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Then get out???
Very interesting that volume keeps going down. It seemed like in February it was average to see 1.2B volume days
So you are saying the MM are collecting shares for Henry to dump back into the market? That makes no sense.
Also volume is relatively lower than we have seen the last few months. Dilution would be higher volume driving the price down.
Volume seems to be gradually going down every day
That or or or or the OS is being tied up by an unofficial buy back
Not related
If the company is valued at 10 mil, with a OS of 1 billion and pps share of 0.01, then you buy back say 500 million shares, inherently the value of the company should remain the same and pps should then go up to 0.02.
Also the company has to buy the shares which PHIL has elected to do on the open market, meaning they will buy them like everyone else. As they buy more it will be harder to buy shares at this level as the stock will be less liquid thus price will go up
Whole heartedly agree, and I know I should just set and forget, but it’s like a train wreck until then... I gotta keep watching
I am actually tired of seeing this beaten down so much. Gets kinda draining
Somebody had to buy said shares... regardless if they show as a buy or sell, someone bought them
Realistically, no I don’t believe so
1.3 billion won’t be secured in June. 1.3 included people that were interested not just those that were committed.
I can agree that was a better conference call than the last two. That being said, I want to be realistic and manage the expectations, I see the share price trading in the .003s and .004s until the next filing. Then maybe .005s and .006s until we are current
0430 Eastern time
What’s to say they haven’t bought a majority of share in trips?
If you aren’t putting your stimmy check in the market, is it really a stimulus check???
Keep in mind stock don’t always trade at book value either
My understanding was the shares to acquire vinafilms had already been added into the OS a long time ago. That being the case why RS if vinafilms is enough substance to uplist?
I think we are on the same page
I believe he said there would be enough “substance” to uplist. For all we know, and the most likely course of action, this revenue could be what he is using to do the share buy back
There was no mention of vinafilms audits being a trigger for a RS. He did mention once vinafilms audits are complete that it would be enough to uplist (I would have to watch again but I don’t believe it was said NASDAQ, could be an uplist to OTCQB)
Or maybe I have trust in the company I am setting and forgetting... kinda bold to throw assumptions on the type of trader I am based on the fact that I said I wasn’t going to watch the CC Monday cause I was busy. Hope you don’t make assumptions like that when you are doing DD
Or I just watch a recorded version when I want...
I mean, whether he delivered or not is an opinion, I think he gave somethings that could be considered delivering but that IMO. Now I don’t think this call will do anything for SP. I think that the call a way to tie SH over until the next fins drop
Ha, I am not going to go but it’s more so, I am having to do others things. My thought is the market will react how the market wants to react. I am holding till at minimum June so what does it matter to me
I am 85% sure the 10K stated the Lux fund was activated in June 2020
I doubt they will ever have toxic lenders again if any lenders at all. As Henry said once they incorporate vinafilms financials into PHIL then there is “likely enough substance to uplist”. To me that statement says it all (was said in the conference cal on the 11th)
Vinafilms maybe???
Sorry probably because I am a newer trader than most seasoned individuals, but what would fintechs give us?
Do we know that it was for 800 million or was a discount of the average price for a specific trading period when warrant was exercised?
Last note holder was converting
If I had to name one think I am excited for, it has to be the vinafilms... “enough to uplist” that’s exciting
Just did and I would like to redact my statement... for some reason I thought we were later in march
3-4 weeks would put us in mid April...
If we are dealing in facts then let’s play the game.
You show a source from Sep 2020, but OTC markets was updated 02/26/2021. You called OTC markets and they said ‘that’s what CEO last reported’. So what gives you the slightest inclination that the AS is 40B when the most recent source says 31B.
You question the buyback. Well fact is Henry said he would do it per SEC filing Dec 2020 but can’t start until they are current. Now that doesn’t mean that a broker isn’t slowly collecting those shares in a negotiated deal. How else do you explain the block trades?
That’s what I said.
Go look at otc markets verified in the 26th of Feb. it is 31 bil
No he is right AS is 31 billion
That’s what I was trying to say! Thanks
No that is false. You get 1 share in American pacific resources not American pacific mining corps
Luxembourg fund.