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No one going to hit that measly 35K @ .0014 to see where she goes and to raise the SMA's for the hour close @ 10:30?
Sometimes you have to 'work the charts' to get new interest involved.
SM
I just skimmed through the filing, but it seems to me that they just undid a previous filing that exempted them from filings. The previous filing exempted them from periodic filings and now they are back having to file.
The exemption would have saved them quite a bit of money in preparing and posting the filings. Now 'they' decided to undo that.
My thinking is that when they make acquisitions, like they have stated they are in the process of doing, the new 'sellers' want to have open and transparent and official documents stating exactly what the company is doing. I think they might have had some opposition from current owners of the companies they are trying to acquire. It was a road block to what they are trying to accomplish.
In the long run, this is a good thing if this company is legit. It is going to cost them more to keep up with the filings, but if they have the resources and are acquiring profitable entities, it should not be a problem.
As for the PPS action. It is my opinion that the MM's have kept the closing price at or below the 50 day Moving Average. They do this so they do not have to deal with the extreme technical buying that comes from a closing price above that. That is until THEY are positioned correctly for the move. The market goes no where until they are ready.
Just my opinions though.
SM
The MM's have been very fair with today's action. For what has been filed and what is supposed to be in the pipeline, they allowed the uptrend to continue without being over extended.
To me, that tells me that if there is 'good news' coming 'soon' they will allow it to reach it's potential.
A good day and start to the week.
SM
With all seriousness... I doubt that any significant .0004's will be hit with all the filings, changes, and things in the pipeline. IMO, if you like BTDG, this is the time to get the .0005's. We might not see them again anytime soon.
I was correct when I said this on the .0002's and the .0004's. Now is the time for .0005's. We could see .0008's and up soon.
Just sayin'!!
SM
As I said before in another post... A solid weekly close @ .0004 with equal weight on both sides,
Very Nice!
Sm
See you next week!
Thank you.
So there is nothing until .2508?
Thin to win!
SM
Can someone post a current shot @ the L2?
Thanks,
SM
I really do not see where you get some of these things. According the filing ( which I thought I had read before) there is not a protection for the stock issued by the company under 'Rule 144'.
Quote:
..." WHEREAS, the Company desires to accept a second loan from Good Hunting, Inc. this loan will be in the amount of Ten-Thousand dollars ($10,000) in exchange for restricted common stock under Rule 144. The amount of common shares to be issued will be based on the current trading price as listed over the last five days of trading, with a discount of 50%. Should a reverse take place before the issue of common shares under this resolution the amount to be issued will be divided as to the reverse."
It says that the stock will be issued AS DIVIDED BY THE SPLIT. There is absolutely no advantage for a split. There is no hint at all that there will be a split.
The condition mentioned above actually protects the company and shareholders to having an undue amount of stock being issued IN CASE of a Reverse Split.
And yes the company is the one issuing the stock.
SM
They also need to be paid in order to send 100,000,000 stock certificate. Do you have any evidence that there is a Reverse Split in store instead of what was declared in the filings of 100,000,000 new shares to be issued?
SM
Do you have a copy of those agreements for us to review? Where might we see them if you do not?
Yes, I know that Mr. Bell is not new... which gives me more confidence that there are things going on behind the scenes. If he were new, then he could be one that is potentially being 'Scammed'. But, since he sits on the Board, he knows all of what is going on and has been participating in the discussions and voting on the actions.
How can "Bell basically had stock given to him for next to nothing'... if according to you this is going back to 'no bid' and the shares are basically worthless?
If fair market value is 'no bid' then he paid fair market value. The only difference is that the company got the proceeds instead of another investor. I bought millions of shares @ .0001... so I guess that I got them for 'next to nothing'... which I do agree. It looks to be 300-400% return so far.
It is either worthless, or it was given to him for next to nothing. You can not have it both ways.
As for the '144 restricted'. If you read the rules from the sec, you will find out there are several ways to unload the restricted shares. The time period of being 'locked up' is either 6 or 12 months depending if the company is a SEC reporting company or not. The interesting thing about one of the outs that are available is that if the transaction is less than 50k in a 3 month period, there is not a lock up period or reporting requirement. So these shares are not really locked up IMO.
If I were Bell, I would sell enough of my shares to get my 10K back and maybe sell an additional 10K worth to make a profit, all while I provided the company with an influx of cash that they needed.
As for the 'Joke Filings'... I am of the school of thought that there has not been anything YET that is worth much. But, there are things happening behind the scenes and an announcement that IS worth something could be coming and coming 'soon'.
Are you going to answer my previous questions to you?
SM
Well, I do not understand your thinking. You say there was 'dumping', but it seems that there was a purchase of 100,000,000 shares by an insider. According to the filing, they are restricted shares. I did not catch in the filing how long they are restricted for though.
So the way I see this is that there was an accumulation by a Director when the company needed the money for something. They can not unload them for some unspecified time period. If you are correct and this 'Scam' is going back to 'no bid', then by the time these share are redeemable they will be worthless and a Director made a bad investment decision.
If on the other hand, you are not correct and there are things in the pipeline that is going to grow the value of the business, then in the long term it would be a good investment.
I am not sure how many shares are owned by who, nor am I going to look it up right now for my point, but it sure would have been a better short term investment decision to sell 100,000,000 shares out of the appox. 2 billion shares traded in the last couple of months at lets say .0005,6,7's than to buy them for something that is going to a 'no bid'.
Some of the things that you are saying are just not adding up. Things that happened 8 years ago are not really relevant for where things might be going now.
Again, we will have to see how this plays out, but to me they are working on something for real.
I will state this though... them issuing 100,000,000 new shares into the OS is not going in the direction that people are saying that is supposed to be coming... a share reduction of 800,000,000+. Not sure where they are going to come from if the Directors are still buying and not retiring them.
SM
The key word you used was HAD. He is also paying his 'debt to society' for the theft. I do not have all the details on that but, IF you were to go around to the surrounding neighborhoods in my area there would be many that would have 'felony convictions' (if prosecuted) for stealing cable service.
To the best of my knowledge any theft over $100 is a felony.
The things you speak about are in the past and those of us that are investing are looking to the future.
I am surprised that there are not more CEO's convicted of 'felonies' since if you take all the regulations they have to abide by, put them to paper, they would fill up an average school classroom from top to bottom and side to side.
The fact is that there are positive things that are happening at BTDG. Whether they pan out and we see shareholder value in the end is something to be seen.
There are proper steps to be taken by management if they want to maximize shareholder value... I hope he knows the right steps to take and avoid the wrong ones.
Wording and timing of PR's is very important...along with getting the share structure under control without losing any control of the company.
SM
Again...waiting and seeing.
There is a difference from before. BTDG is now current which makes it a lot more desirable for mergers, etc. Also, I do not think there would be a reason for opening a bank account unless they had plans to use it... which to me sounds like they are ramping up for something.
Before BTDG was worthless, now they have a couple of things going for it.
We need to see it hold a close of .0003 or better for today in order to keep the SMA's moving in the right direction. A close of .0004 on a weekly basis would be very positive especially if there is equal weight on the Bid and Ask.
Still waiting and seeing what becomes of all this... but a couple of positive things have been done.
The next positive thing IMO is a reduction in the OS structure of about 1 billion.
SM
As I said before... according to the charts we would not finish above .0006 for the week. I would love to see a solid .0005/.0006 finish for the day/week.
I think we are dreaming according to the action of today though.
SM
As I have said before... I hold out for the best. I am averaged in @.0002. I will wait and see.
I still do not like your choice of words...Scammer, Fraud, etc.
I would still like answers to my questions to you from earlier posts.
BUT... I would also like for you to put an 'all inclusive' post together showing what 'fake news' or deals that he has stated over the years that he has not fulfilled.
If there is no news in the near future, I will be contacting him. I have been know to show up in person to get a real read on the person.
For someone that has no financial interest in this thing, I would say you do have the most inside information on all the happenings and players.
My best hope was in the 'new' Chairman of the Board... now the old.
No need for the 'labels'... just the facts.
SM
I am not sure what you mean by 'wash trade'.
Can you tell me what your order was and how it was filled?
Why would there be a 'wash trade'?
What does that mask or accomplish if anything?
--------------------------
If no one has anything in writing from the CEO, does anyone have any taped conversation? Or can he just deny he ever said anything?
Again, when did he say the News was to come out and why is it not out yet?
Do not get me wrong... I AM in this!
SM
There has been absolutely no buying today. It has all been dumping.
The 'person' that 'bought' @ .0005 and .0004 now can slowly cap the market by placing them on the Ask. Slowly...but surely they will start to show up on the .0004's.
For all the Rah Rah that has been happening on this board... there has been very little buying by those that seem to think things are cheap.
When WAS the news supposed to be released?
I thought the attorney was 'finished' with what he had to do.
Where are the copies of the emails from the CEO stating what and when he is about to do? I would like to see them for any that are in contact with him.
If you see the Ask start to increase or another BIG block take down the majority of .0003's, then I would say this has been capped.
As I have said before, I am established and am hoping for the best. The GOOD news better come soon as it has been promised and is over due.
SM
ALL MM's 'hold' a book of business or else they would not be able to Make A Market. In Pennyland they are usually short because all of the retail investors can not short a stock this cheap. That is why unless there is a real business with real profits, they always fall like a rock. MM's make money hands over fists.
That is also how chart formations are established and capped by them.
MM's are playing their book all day long.
SM
The games the MM's play to try and get you to dump the .0004's
ALL you care to eat @.0004's
Slow and steady is right for this stock. As I have said before, this company is not worth anything right now. I would be surprised if this goes above .ooo6 this week. .0003/.0004 or .0004/.0005 is about right for where we are now.
My hope is that they are putting some good, long term dealings together. I really do not want to see a 'spike' where all the flippers sell for a quick profit.
All increases will be capped if they do not retire a good portion of the OS. People keep posting on the Float... it is meaningless. The valuation is on the OS.
He needs to realize that the OS is out of hand and if he is committed to the long term success of the share price he needs to retire a good portion of them.
IMO... the next step is not a PR about what he is going to do, but a retiring of shares into the treasury. He can still keep control of the company with issuing different classes of stock with greater voting abilities.
I am a patient investor.
SM
You did not answer any of my questions.
Forged documents? Your opinion or fact?
Bogus Buyout? Many companies do not succeed in acquisitions. Are all the Russell 2000 firms that announce projects that do not pan out fraudsters?
Fake gold mine and fake company in China? I did my DD on this years ago and I found it all to be true. Gold mine existed and the company in China. Do you not think it would have be very easy for the SEC to track down a mine that did not exist and a company that did not exist?
Convicted Felon... I already addressed that. No problem for me.
I would still like an answer if there is a point where you would admit that you were wrong.
Please do not waste my time if you are not going to answer completely the questions put to you. Again, you responded to a post of mine, I did not call you out on your posts.
SM
I do have a question(s) for you since you saw fit to respond to a post of mine.
First, I do not have a problem with you posting facts about the past history of the criminal problems with him. But you have been posting slanderous claims about Dumping, Scammer, etc. Not one time have you posted a fact( that I am aware of... if I missed it, please provide the post for me to review) of him dumping, etc. I really do not have a problem with him selling a portion of his shares IF he discloses them. Also, if he is using the proceeds to finance the upcoming Filings or operations of the business.
So here are my questions... Is there a point where you will admit to all here and to him that you were wrong and are sorry for dragging his name through the mud?
If the stock does not hit 'no bid' again when you said it was?
If he retires 800+ million shares out of the treasury?
If it is proven that he did not sell any shares?
If the stock price holds on to .00's for some time?
If there is an acquisition that is filed and completed?
If he does post a PR with real news?
If he does not do a reverse split?
Are you willing to take responsibility if he comes after you for slander?
I have reserved my judgment in all these matters, but I have not posted a single word for or against him.
I have been in this stock for many years now and I do think he is trying to do something with this business. I agree up until now he has had NO success in his dealings, but I for one am hopeful that he is giving an honest effort. I have put my money in. I am averaged in @ .0002. As of now I am up. I will have to see how it goes though.
It sounds as though you have a personal problem with him or you were taken in and lost money early. I am not sure, but I do not see the value in all your time posting against this. That is just me... I have too much to do in a day than post again and again things that I am not vested in.
Do not get me wrong, I have been taken to the cleaners by my fair share of 'pennies' and it burns when they do some stupid things.
Again, I hold out for the result and am hoping for the best.
SM
PS. I do not post much so do not take it personally if I do not post much from here.,
IMO... Last chance for .0004's
SM
IMO... Now is the time to add to the BID... if you like this long term.
SM
IMO there is really only 7 Mil on the ASK and not 17 Mil. MM placed 10 mil as 'stop sign'... might disappear soon.
SM
The MM's are in control of all. They do not lose money. In my opinion they are using this opportunity to establish a position in this. It sounds ridiculous to say that 'all we need is volume' or that 'we are now ranked such and such on the Breakout Boards'. The best thing to do in my opinion is to establish your position and wait patiently for the things to materialize. With increased volume, comes the increase in difficulty for the MM's to establish their position. I do not believe there is any dumping by the insiders...this is mostly the MM's getting on the right side.
Right now, the company is 'worthless'. If the company does a RS we are all screwed IMO. The MM's will take it back down in no time at all. They need to 'retire' about half the OS. If they do that then we know they are serious the plans for this company. The 'float' means really nothing because the OS is how the company is valued.
At the start of this week I could tell we would not close above .0005 because of the weekly gap of an opening of .0006. That was positive for the longer run, but that might be weeks if not months before that is breached.
I have been in this one many years. I watch the time and sales every day and added 5 Mil at .0001. We just had a 800%+ move in a week. Who do you think had to absorb most of those on the sell side? Yes the MM's. They have to get rid of those and position themselves either long or neutral for the upcoming events that are planned. This all takes time.
IMO, if you like it then establish your position and keep quiet. let them do what they have to do.
As for those that are 'against' this one and the management... how do you find the time to keep posting on something that you do not even care about or are invested in? This is just silly to me. I do not have the time to do all the research on the ones I am considering to invest in, much less argue about the ones I am not invested in.
Just for the record, I do not believe this is going back to a 'no bid', unless none of the information is correct and they are really scamming. I do not believe so. Good things are coming IMO... the lower it goes the better the price.
I hold 21.2 mil @ .0002 avg. just so you know I am not speaking from a non invested point of view.
You will learn a great lesson, if you learn that the MM's are in control and nothing goes without them on the right side. No amount of posts will move this until they are positioned correctly for it. Save your breath and search out the next one with your time.
SM
FL-- PC .0015 In play
HI -- HI .0025 Now. Anyone want to post L2? I thought I saw .008 next?
NS -- EH .0026 Now. Alerted .0004 Taking profits!
QL -- TS .0012 Time for some ASK slappin' IMO. I believe it is a deak before the run. We will see.
SU -- BB .025 Now. Alerted @ .01 9/29
ON WATCH:
VT -- MB .0013
ST -- LK .0005
ON WATCH:
TN -- KE .0028
TX -- HE .0012
EC -- PL .0004 I would need to see some volume. Chart is kind of 'virgin'... meaning not much to go on. I could see a rally to the .0012 area, but would be skeptical for anything past that unless there are some great fundamentals behind your interest in this one. Again, all IMO. Put it on the list to watch.
Do you have DD on this one you want to share that makes it a pick for you?
SM
PS I only have 15 posts a day... not ignoring anyone, just do not want to use them all up in case there is an 'In Play' post that I need to do.
On watch from yesterday's trading action:
UO -- MO .0002
GL -- EC .005
HK -- UP .0027
SP -- DE .004
TS -- OI .0024
GR -- OC .0015
VG -- PR .0012
DF -- SH .0024
TH -- WI .0014 Again
CX -- YP .0017
Thanks for the information funnyG986. That is useful information that I did not have. This is the communication that I am hoping for on this site. We all have talents to offer and if we 'work together' on some of these things we can make a real difference in the overall trading results for each one of us.
Positive or negative information on symbols that are posted is good to know.
Someone might say 'this one' or 'that one' is crap. It has 18 Billion OS, done 10 RS in 5 years, they lost their entire management a month ago, and are losing 5 lawsuits against them.
So what might be happening on a certain stock, is that the MM's have to be trading this one up in a 'technical trading range' to start selling the share that they have HAD TO BUY because 'Joe Public' has been dumping it hard. Does not mean there is not a few hundred percent to gain... just not a long term hold. And that is good to know.
I really do not have the time or resources to DD all the stocks that I am watching on a technical basis, but it would be nice to have others post what they have found on symbols that have been posted.
I used to comment on some technicals of some of the symbols that have been posted on the board, but I got the feeling that, at times, it was not well received because I did not see a 'positive picture' for price appreciation at those current levels, or the timing seemed to be off (Right price range...not going anywhere for a while).. of course all IMO.
Anyways, thanks for the information on this one and look forward to 'working together' to take what we can from the markets.
Good Luck,
SM
PS. Again good work on CE -- HD.
TS -- OI .0024 In Play
GL -- EC .005 On Watch