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Dilution confirmed T Trades of 102 Million. This goes no where while dilution continues like this, the CEO needs to explain this by tomorrow or investors here will be replaced by more traders and the price will continue downwards.
Why does the CEO not PR that dilution is completed then and make it official?? It would be a hell of a lot more important than what we are getting.
Who in there right mind would buy into a stock that can retrace 50% in two days due to the company dumping shares.
I would of been out of this days ago if i knew they would still be dumping shares at this stage.
The CEO is making a complete fool of himself if he thinks people will keep buying this as he keeps diluting.
Everybody will just keep flipping and selling on a few ticks if we cannot be sure the company will not dump a few hundred million shares at any time.
The company should be buying shares now not selling them.
This is not traders CJ its looks a lot like dilution, BMIC turns up and next we have close to 50 million shares dumped.
If the company is making money why are they still diluting ?
What is the CEO doing to stop it ?
Why are they not buying these shares back ?
It is pointless putting out PR's if they are going to dump into them. These past two sessions have put all the traders back in control with shares supplied by the company.
This would easily of broke .002 without the dilution of the past two days.
CJ is dilution finished here or not ? Surely the CEO should be able to answer that in a PR or not. This is certainly looking like further dilution yesterday and today.
Are BMIC diluting here ??
Whoever is trading NITE is desperate to stop this getting away from them.
Thankfully they will run out of shares shortly and lose control, i assume they are flipping to buy the current major otc runner.
If they want the same quantity of shares they will be paying over .002
Time for the company to start a buyback, if they do indeed have all this revenue they should be scooping shares at this price.
This will break .002, stupid flippers deserve to lose there shares!!!. If you are going to flip do it on a stock without substance to support it.
Lots of stupid traders in this stock, so many getting tricked out of there shares so cheaply.
One way or another BMIC have been dumping shares for months.
BMIC still diluting here and dumping into every bid they get.
Looks like dilution is finished here at last, which means we should see a nice increase over the next few weeks.
More likely .001 after that PR.
120 million shares available at .0002, we would be glad if you could pick up as many as you keep talking about !!!!!!!!!!!!!!
Today was one dump too far,
Wow up 200% in a few minutes....lol, thats the biggest move i've seen this stock make.
I'm hoping it the company that is buying them, if they are indeed restricted shares that have reached the market.
All the ask bought up in one lump, it might finally be ready for news.
500 million bid sitting at .0001, they may miss out on the .0002's shortly if BMIC is truely done selling.
Any retail buyer get .0001's here ?
115 million shares dumped at .0001 or more likely BRIC sold 57 million to CDEL at .0001 and CDEL will now sell to retail at .0002.
Anybody still believe dilution isn't happening ????
BMIC is still hanging around and now on the ask at .0002. Its them that are feeding all the additional shares to other MM's.
I know other have said there is no dilution but the end result here is the same. Has the company given any indication on where BMIC are getting hundreds of millions of shares ??
Well it looks like it continued and as i said back to .0002 on Monday.
Another 100 million shares dumped at .000197 today.
Time Price Volume Market
16:07:17 0.000197 10000000 OTO
16:07:17 0.000197 90000000 OTO
15:28:42 0.0003 350000 OTO
15:24:43 0.0002 500000 OTO
15:15:51 0.00025 10000 OTO
15:13:45 0.0002 40000000 OTO
15:13:33 0.0002 10000000 OTO
15:07:20 0.0003 2500000 OTO
14:59:07 0.0003 1000 OTO
14:58:19 0.0002 50000000 OTO
14:36:40 0.0003 1000000 OTO
A lot of stuck holders now, flipping will be harder. The amount of dilution ruined it. It was going to 00's today without this dilution. But if it continues it will be back to .0002 by Monday.
Looks like you were right,.....Dilution overload.............
Looks like there is a few here trying to shake some cheap shares before the weekend.
Lots of accumulation here for something, looks like .00's next week.
.0005's hitting now.
All fake bids, .0003 coming today,...
They will need a lot more than a few vans to spring it back to life.
No neither do i, Its not dilution from a normal note. I'd expect this was preloaded with promoters who are getting out in there teams.
Not bashing, just watched the Level II all day. Its been buffered downwards to allow dumping. There is 22 million on the bid now, you can bet if 10 million hits that bid its back to .0006.
Big fake bids all day, then enormous dumping on anybody that joins that bid. It appears like dumping on a planned scale.
Massive manipulation going on in this stocks trading. the Level ii is all over the place. I'd expect this will be back at .0001 in a number of weeks, looking like another pinky scam.
.0012's back up....
Someone scooping up an enormous amount of shares at .001. Has to be some reason for it.
Your stuck this time Pstats, stock flipped even faster than your personality LOL
StockWhale Member Level Thursday, 10/27/16 09:46:55 AM
Re: None
Post #
208
of 208 Go
SELLING $DNRG idiot company put out a PR this morning claiming a "Mr Africa" basically the company they are looking to open business in was looking at their Rubicon...yeah okay.
Looks like the pumpers knew when the new shares were getting released. Another bunch of bagholders left in their wake.