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should see a solid move north this afternoon after lunch...looking for .20+ today
What's the safemoom ticker and what's the difference between safemoom and smi
51k followers. Pretty solid exposure.
Asia Broadband ( $AABB ) is launching their crypto exchange, like any exchange, they will see BILLIONS $$$$ in volume.
— WallStreetBets & Co. (@WSBConsensus) October 28, 2021
The stock ran 33% today, for a PINK, this is a solid BUY and HODLhttps://t.co/hTDYMPZjSB
OF COURSE COWBOY CLIVES SHARES "DO NOT" BELONG TO THE PUBLIC!!!
o yes they do, all float shares are public shares this is market 101 stuff..he has not been issued a single restricted share
clive can take all his shares and convert them to paper certificates and write "void" on them all he wants. He cannot take them to the transfer agent and cancel them. Only AABB (the company with the cusip#) can take them to the transfer agent, with their own name (after buying them) on the certificates and cancel the shares. If I am incorrect, please share
Clive cannot sell his shares back to aabb at any price other then the current market price that we all pay. That would be illegal
because their shares were "restricted" (belonging to company)
all white castle shares are "unrestricted" (belonging to the public)
you can verify this by looking in the most far right column
https://www.otcmarkets.com/otcapi/company/financial-report/298231/content
sure hope your right
910 million "unrestricted" shares have been issued to clive in the past year
#1 you responded to my post by saying,
"YOU WILL NEVER KNOW IF COWBOY CLIVE SHARES WERE SOLD OR ARE STILL SITTING IN HIS BROKERAGE ACCOUNT"
yet, I never debated if clive sold his shares or not. Nowhere did I ever mention clive holding onto, or selling his shares as a factor, I suggest you re-read my post as you did not respond to any content I presented.
#2 AABB has 1,801,532,510 shares that belong to the "float" as of 5/30/21 per otcmarkets.com (https://www.otcmarkets.com/stock/AABB/security) So are you trying to convince people that aabb will just "make a deal" to have public shares removed without paying for them? Please back that statement up so that all investors can share the same confidence you do in its ability to manifest
#1 shares that are part of the float belong to the public. This isn't debatable. AABB has 1,801,532,510 shares in the float, or "belonging" to the public
#2 so your saying aabb has issued 1.8 billion shares since your ihub arrival, just to hold on to them for shyites and giggles?
#3 you mentioned that thirdeye has basically laid out how it will happen, which is through diplomatic negotiations, yet you responded to my post saying they will do it thru legal means. Those are polar opposite approaches and do not interrelate in any way, so which is it?
I read that already, however stating "share restructure" doesnt mean shares will disappear at no cost. I have seen 100's of penny stocks in this position, and never saw one be able to make shares vanish through a "deal"
Clive has close to a billion shares. If clive decides to buy a stake in the company, then everyone who owns shares now will belong to the percentage of the company that clive didn't buy.
I.E. Clive buys a 60% stake. Now everyone who owns shares, will own a cumulative 40%, or the remainder of the company and no longer 100% of the company. AABB mistake is issuing the shares in the first place. Once issued, they belong to the public, regardless of who they are held by and aabb must "buy" them back, otherwise they are by definition, stealing from the public. Im at a loss as to why this concept evades 99% of people who engage it
How about this...cite an example of another company that was in a similar scenario. And be sure all the criteria matches
i dont believe there is any regulation placed on the aabb wallet or any other fiat-less wallets at this time, so no 1099 needed
sure are, but there aren't many ways to eliminate shares from a companies public float without buying them. Im trading penny stock 2 decades now. Seen it all, unfortunately. Still would love to be wrong
Legally speaking, aabb has to initiate the share issuance with the transfer agent then send the request to the dtcc for approval for each form t that gets filed with each subsequent share issuance. If aabb felt they had legal grounds to suspend the note, we wouldn't see any new form t's filed. Maybe I just need a little more elbow grease
if clive isnt filing a 13g then he cant just give the shares up to aabb and let them do what they want with them. They must be purchased...please provide insight as to how they are going to, "without" cost, eliminate 1 billion shares. I would love to be wrong..so prove me wrong without being vague or saying to put more elbow grease into it
Well, it's silly to think large firms Dont dabble in otc stocks. They would be leaving billions per year on the table
Aabb would have to actually buy them back at market price. Its illegal to retire those shares any other way. There is no response needed its not debatable
It's almost as funny as the balance sheet at Melvin capital
Silly response. We all know bear stern needs to make up for the gamestop debacle. Penny stocks is where they do it.
nonsense, we both know 90% of orders get routed via smartorder routing...none of which goes thru finra. The short numbers you see are bogus. This equity is being shorted to oblivion by various investment groups. Well, at least the ones that are left in business after short sellers have collectively taken a 78 billion dollar haircut so far this year
less than relevant investment firms are walking this down and making .02 profit on their short positions. What pathetic goals considering im up over 1000% on this equity alone
If none of the converted shares have been sold, then what is the purpose of converting them now...why not wait till later?
citadel has been a money losing machine this year...im assuming thats what you mean
https://finance.yahoo.com/news/10-biggest-hedge-fund-casualties-170206625.html
binance has 1276 trading pairs....we need to improve beyond 2022 to compete. I would like to see at least 500 trading pairs by the end of 2022
Post a link to this
how much you wanna bet the exchange launches this week?
I'd say the only bologna around here is what main street put into wall street for the tune of around 70 billion dollars this year. If you are not an owner of the company or a firm registered with finra you do not need a 13g
I'm aware...im simply communicating in the literal sense. Why would "they" be holding
What would be the point of converting and not selling? So your saying he is sitting on close to a billion shares?
there is a difference between negativity and a different opinion in business philosophy...there has been no mention from my camp that AABB is a dud. Only a common-sense opinion that not being able to purchase their product with money is not smart. We are 30 years away from world that sees old ladies using a crypto wallet
those were the form T shares issued to white castle so far this quarter
FORGET ABOUT THE AUDIT, FOCUS ON MORE IMPORTANT THINGS LIKE BONANZA, TEQUILA AND AABBG EXCHANGE!!!
You have this backwards
WHY DO YOU THINK THEY ARE BUILDING OWN EXCHANGE???
Well considering all aabbexchange user will need to open a binance account as well, I was hoping they had some sort of clever idea up their sleeve to get the coin into more peoples posession
Planning longterm is a great idea. Becoming a long term company is predicated on making smart short term decisions.
Are there any plans to market the exchange overseas? It seems as if there is no activity in china or kinda yet. Why? The India population should be all over this
IT'S TRULY A VERY SMART IDEA
A smart idea is allowing the exchange of the style of currency that 99.8% of the world currently uses. Your basically saying aabbexchange will overtake the federal reserve as a preferred currency system. While im always open to new ideas..that's a tough cookie to pass
What is the timeframe on the audit? That is what will drive the pps up
since your basically an insider i might as well ask...what is the likelihood that the coin will get put on other exchanges like finance or coinbase? We have sold 250k coins so far and have about 10k downloads all in the US
i would quadruple that price target if they would take cash
well, its more aof a debate since neither of us know for sure. Im sure we both agree that not allowing people to hook up their bank accounts and purchase coins isn't the smartest of ideas
the first image of the exchnage they released clearly showed Canadian dollars as a payment option in the lower left corner
the homepage also clearly labels all coins in American dollars under the "last price" category. What is the point of that if they are ditching fiat?
https://aabbexchange.com/
I sure hope the aabb exchange will not be fiat free as you claim.
If it is, then anyone who wants to trade on the aabb exchange (which will have 30 trading pairs and no fiat) will be required to use a competitor company like binance (which has 1265 trading pairs and accepts fiat) to buy crypto with their fiat bank account, then sendthe crypto they bought to their aabb wallet, just to trade it there. Sounds like a recipe for success if you ask me, and im sure coinbase and binance agree.
This is the same thing as burgerking not allowing you to pay with cash anymore, but instead, if you want a whopper, you have to go to Mcdonalds and buy a bigmac, then bring the bigmac to burger king and trade it for a whopper to get the whopper.
Genius
no...there are only 550 exchanges in the world. There is no reason this cant be a $4-8 stock
This should help you understand how naked shorting works
https://www.reddit.com/r/Superstonk/comments/px88ri/ex_hedge_fund_ceo_marc_cohodes_confirms_that/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Well if that made u laugh...then you better grab onto your seat when you read this one!
https://finance.yahoo.com/news/10-biggest-hedge-fund-casualties-170206625.html