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You can probably bid sub penny with how aggressive he is being today. good lawd.
Nah, I think I'll wait for the pumping to run out of steam and pickup your shares when you eat the loss in a few days.
You don't honestly believe that there is retail shorting a stock at 0.0008, right? Please tell me you're smarter than that.
Lol, wow. why dump into that bid?
Haven't seen .005 for six months and that was before thr R/S announcement. Obvious P&D is obvious.
Honestly, that has been my interpretation as well, as far as the lack of news is concerned. Been on the lookout to snag some as low as possible before the split, and see what happens.
I dont think anyone is making money here right now. It will change eventually, just a matter of how long we will be stuck waiting for company to get PRs rolling.
Hope we see a PR soon. Would hate seeing people get impatient and dump to chase other tickers.
Didnt want to bring it up because i want 4s, but i hate seeing misinformation on here. Especially when its used by some to pump.
ST is correct here guys. Also, keep in mind that its not a $5M loan, its a $5M line of credit. That does not mean the full amount will be converted.
Its not true.
I agree, the damage from RS announcement is already done. They need to do the split before Q3, otherwise it will fall on deaf ears IMO.
Is that why it closed at 5? haha
Nothing showing on the tape, its not a note.
LOL, might want to actually do some DD bud!
Bloodbath EOD, this is getting ridiculous!
I doubt its the company. More likely MM playing games to try to get their cover filled. We will see on the tape after close.
Just going to make the squeeze that much sweeter.
Didnt want you thinking I was hating on you! Nothing but respect for you ST!
We will be free from this BS soon enough. Just need them to start churning out the PRs they have been sitting on. Notes are pretty clearly finished now.
OTC traders have the attention span of goldfish.
Im back in sub 5, but not here. I fail to see where the buying pressure will come from to moves this up to a point where the post- R/S sell off doesn't put us lower than we are now (accounting for 1:10). They also need to finalize the financing before I'd consider reentering. They had $5M financing last R/S and it fell through and caused a large promissory note to be added to the books, which we all helped them pay off like chumps.
Because they don't give a shyt about investors. they are more concerned about keeping the business afloat.
Hard to say what will happen with the R/S. It sounds like it was forced upon them in order to obtain the $5M in financing. An R/S done for the proper reasons can turn out well, but the fact that its the second in 18 months is a bad omen, IMO. Can't give you advice on your investment though bud (sorry!), I am no longer holding here, so take that how you will. If sub 5s hit, I'd consider reentering.
This will be the second R/S in 18 months. They also released the Pre-14C AH on a Friday, along with a few other issues, caused many longs to exit. We gapped down with an immediate sell-off the following monday and its pretty much been down here ever since. No PMs sorry!
There was a bloodbath after this was announced.
Please let it go that low, I'd love to snag some more for cheap.
They can't. Its a requirement to receive the financing.
I wouldn't say thats a certainty, as many things can happen in the future. However, that is what I expect will happen and why I ate the big loss.
I agree with this 100%. Even if I had an opportunity to get sub 5s, I wouldn't touch this again. IR is full of shit and proved they can't be trusted.
I desperately need a win, I am tired of watching the pregame show. Get to kickoff already dang it.
We've been in the quiet before the storm for months now haha. They really need to get that first acquisition closed.
hey chef, its been a while! hope all is well. custodianship/reinstatement play.
Id rather he close the first acquisition before worrying about retiring more shares
Looks like new line drawn at .01
Good luck to any of your longs that are still holding here. I sincerely hope it works out for you all. unfortunately, ABCE knocked me out trading, so GL to all in the future as well.
We have to be getting close to closing on the first acquisition, right?
Right?
Please?
The only good news I see is that that maturity date of the new convertible note is 180 days out from 8/6/18.
The bad news is, they are still getting a huge discount on this promissory note, not consistent with the 85% of the S-1 financing:
Yeah that doesn't sound good.
Thank you for the cheapies this morning! Locking them up tight!