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Back to pink current at least
He doesn’t own shares here. Pretty confident of that.
I have shares here but there is 0 chance of ever reaching $1 here with this share structure. That’s the price I see everyone posting about. Absolutely not.
Let them max it. That’s when the real run will start between the A/S being maxed and the R/S filing.
We are looking at a parabolic move here. I hope everyone has their shares because it will be extremely hard to chase.
Just filled some .0069s. Let’s see what it can do.
Looks like the .006s I called are coming. Now I don’t even want to buy.
Wileys not around anymore.
More of the same dumping into the bid.
Huge companies usually don’t do business with companies who can satisfy existing clients needs. Chances are all contracts renewed.
Very nice PR! Landed Kroger. Who’s next. This isn’t staying this low for long.
If you’ve watched the market at all the last year it’s safe to say that anything is possible. We may be turning a corner now in the OTC as there have been some big runners of late but there is nothing wrong with having entry points lower then current SP.
If it doesn’t dip and I don’t enter I hope you all make millions.
If it pulls back to .006-.0065 I’m in. I expect it too. Nothing goes straight up. A bit annoyed at myself for missing this part of the run.
I think we have a few impatient and very inexperienced traders selling into the bid. Super annoying but the people buying will hold tighter.
Relentless dumping
Looks like we have a move coming here. I like what I’m seeing.
Don’t try to catch a falling knife. The markets got a lot of hurt left in it yet.
Best. management. ever.
Uh huh ;)
Does it ever get frustrating being the side kick. Lol
Awesome movement
You are trying so hard to cast doubt lol. I’ve been involved in 2 recent up listing from the OTC. Verb previous Fusz and ALPP. There is serious money to be made on these plays.
Also it seems the company is shooting for the minimum listing requirement of $4. I guess at a fully diluted share count they value themselves north of an $80M market cap.
Foolishness. They will not raise the AS to give away 2B shares to pay for the Asian offices. Those shares would essentially be worthless.
Anyhow, we will all see how it works out in the end.
Your logic is flawed. The company wants to up list. What you are saying is that their current market cap is still over valued or maybe fair. At your fully diluted 8.5B shares or 21.2M after RS the share price on Nasdaq would be .52. That is IF investors were willing to buy 12x the existing shares hitting the market.
The minimum share price is $1 on the Nasdaq Capital market which is the easiest to qualify for. You are saying the company will up list and fully dilute their shares knowing they will automatically run the risk of being delisted.
A fully diluted post split of 21.2M would have to have a market cap of $21.2M or in other words $1 a share to even maintain Nasdaq requirements. In other words we are at the very least undervalued by 1/2.
If they wanted to convert their preferred anytime soon they would of done that already. No way are they waiting for an up list to Nasdaq in these market conditions to fully dilute their company. Think about what your saying.
That is why an AS raise is poison now. It would mean they want to convert. You are using scare tactics here.
The company is going to RS the outstanding shares not the authorized shares. More often than not the AS stays the same after a RS. At least these guys are lowering the AS from 800M to 250M.
The offering you are talking about will not happen until Nasdaq is approved and the RS happens. That means no raise to the authorized shares. There is no reason that all 3 things will not happen. Quite possibly simultaneously.
Do you own any shares of UNQL?
If anyone here thinks that this isn’t eventually going higher you have no idea what you’re talking about. The ONLY thing that would make me wrong is an AS raise.
113 million shares before the AS is tapped out. No way IMO is that going to be reached. We are at the very end of seeing free shares hit the market UNLESS the company does an AS raise.
This is without a top tier pink stock. Don’t let a few posters make you feel stupid for holding shares here.
I suspect that as well. In the OTC you have to suspect dilution. Heavy at times. It’s during heavy dilution that you can find beaten down stocks to profit from. You can’t expect to buy these stocks and never be down. It’s all about how you scale into these plays.
Certainly some don’t want it. I’m not one of those people.
This trading indicates news of R/S is coming. Most traders do not understand how to deal with offerings, splits and up lists.
Once this round of dilution is over surely we will see mid .02s again.
This board has gone completely insane.
Absolutely.
I can’t believe people are blaming “flippers” today. Are you not watching what is going on here???
ASCM isn’t retail though. They’ve been they biggest hurdle today. This thing has got to be wound unbelievably tight right now.
The gap wants to fill so bad it looks like. We have a wild amount of volume but this much selling pressure at these levels doesn’t make any sense.
Really odd trading
Market hasn’t been open an hour yet. Relax. It’s all good.
.03 push happening today. This afternoon should be fun. Imo
I’m hoping for a PR from our new firm tomorrow AM laying it out in terms everyone understands.