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WEEEEEEEEEEE!!!!
BLXX!$!!$$$!!!!!$$$$$$$$
WEEEEEEEEEEE
NTRR!$!!$$$!!!!!$$$$$$$$
Weeeeeeeeeeee
NTRR!$!!$$$!!!!!$$$$$$$$
Check weekly RSI
WEEEEEEEEEEEE
Especially on the weekly!!!!
TLSS!$!!$$$!!!!!$$$$$$$$
Would be great
Ditto
No brainer here. Setting up is correct!! Ask so thin, chart set up, volume is very nice for Time of day, etc etc.
BLXX!$!!$$$!!!!!$$$$$$$$
Loving the charts as well!!
Over ten million in audited profits bahaha no revenue so what is speed connect and blue collar lolol tooooooooo funnnnnnyyyyyy
Trips zero been a while since those days bahaha
Nice weekly and daily charts.
MSTO
Agreed!!
Yezzirr!!
BLXX!$!!$$$!!!!!$$$$$$$$
Great volume going into the extended Holiday weekend, Notes appear to be finished , great close for the week, Nice Weekly, Daily, and Hourly charts!! Let’s see what tomorrow and the rest of the week brings!!
BLXX!$!!$$$!!!!!$$$$$$$$
Thanks for sharing!!
BLXX
Has that feel for sure. Just rode TL$S from .0206 to .078, Plenty gappers in that one for sure!
BLXX$!$$
Sounds like WEEEEEEEEEE to me!!!!
BLXX!$!!$$$!!!!!$$$$$$$$
Yup and to the ones talking about dilution for whatever reason.. Here's the text directly from the last 10-Q ...
Convertible Debenture
On August 16, 2019, the Company entered into security purchase agreements with two private investors, issuing two convertible promissory notes in an aggregate principal amount of $150,000, with a $15,000 original issue discount and $10,000 in legal fees, paid in cash to the investors and the legal counsel. Each note accrues interest at an annual rate of 5% and is to be repaid nine months after the dates of actual funding received. The investors have rights to convert a portion, or all, of the principal amount plus interest of each note at a lowest conversion price of i) $0.09 (fixed conversion price); or ii) 50% multiplied by the lowest closing bid price of the Common Stock during the 25 consecutive trading day period immediately preceding the date of the respective conversion (alternative conversion price) into common shares of the Company after 180 days and prior to May 16, 2020.
11
Blox, Inc.
Notes to Condensed Interim Consolidated Financial Statements
Nine Months Ended December 31, 2019 and 2018
(Unaudited – Expressed in U.S. Dollars)
10. Convertible Debenture (continued)
In addition, the Company issued 300,000 commitment shares to the two investors with a fair value of $60,000 and 1,111,110 warrants with a fair value of $220,541. The two warrant holders are entitled to purchase up to 1,111,110 common shares of the Company at an exercise price of $0.135 with a 5-year expiry date (Note 7 (b) & (c))
Based on a discount factor of 66%, the debt portion of the promissory note was valued at $102,567 and the conversion feature portion of the notes was valued at $202,208. The conversion feature was valued using the Black Scholes model with the following assumptions: risk free interest rate of 1.61%, volatility of 100.01%, dividend rate of 0% and expected life of 9 months.
The net proceeds received by the Company were allocated to the convertible debt and associated financial instruments based on their relative fair values as below:
Proceeds Allocation
Debt $ 23,656
Conversion feature 46,638
Warrants 50,867
Shares 13,839
Total proceeds $ 135,000
For the nine months ended December 31, 2019, accretion for the notes was calculated as $72,950 (2018 - $Nil) and interest expense of $2,516 was recorded. As at December 31, 2019, the carrying value of the convertible notes is as below:
December 31,
2019
Convertible debenture – beginning of the period $ -
Debt proceeds received 23,656
Finance cost - accretion 72,950
Carrying value – end of the period $ 96,606
It would appear to me that we Are Clear of notes.. Just what I gather ..
$BLXX
You Too!!
I’d like to Ditto that!!
BLXX!$!!$$$!!!!!$$$$$$$$
Has to be naked shorting and beer money?
1.9 million worth of sales vs. 28 million volume on the up trend lol talk about logic there
Lol
Classic stair stepper, higher lows and highs, around avg vol if not more, have to check again. And weekly set up is very nice as well. I believe the hrlt is set up too. Power Hr should be nice if not sooner. I was trying to hit the ask but they filled me below it.
BLXX
Agreed Sharky!!
LOCKED & LOADED SEXY CHARTS
BLXX!$!!$$$!!!!!$$$$$$$$
Weeeeeee
Agreed, just waiting on more volume, higher highs and higher lows in effect on the Daily
Lol
Thank You, didn’t think so. Someone said on another board it was.
Is tomorrow a short trading day?
No CNN all man lol
Looking good here
Nvm, it appears right after I said that they broke the higher low formation not even one min later lolol, trying to bounce it all the middle band I suppose, histogram is still red and macd is still diverging lower at this point. Still seems to be churning. Getting ready for the next leg I’m gathering. Once We clear .08’s it’s SHOWTIME IMHO
TLSS!$!!$$$!!!!!$$$$$$$&
Understood I was just referring to Your next Major resistance, and yes I also agree, we have to get out of tens first, and it seems we are inching our way there 1 hour at a time with the lows raising.
TLSS!$!!$$$!!!!!$$$$$$$$
1.09 is the next resistance which is the weekly middle Bollinger Band or weekly 20 day moving avg in my opinion..
TLSS!$!!$$$!!!!!$$$$$$$$
WEEEEEEEEE!!!!
TLSS!$!!$$$!!!!!$$$$$$$$