Cool calm collective
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Great time to buy your shares and check on it, once in the morning once at lunch and once at the end of the day, anything else is just torture.
Congrats on the powerful run coming here
Until the merge is complete there is nothing to see here. So place your investment and watch or play something else.
So no revenues and no cash on hand is a fact with the incoming company, because the incoming company is in the filings, right? So if the filing say the company merging in has no revenues and no cash on hand, then what else did you get from the filing? Seems to me you seem a bit salty about something.
The percentage it went down was not even over 10%, that's not a sell off, it's called a normal market day. A selloff would imply a day loss of normally -40-75% on a day. So sorry to break down your inexperience, this is a true example of a true sell off.
Let's ask you the obvious question, we know the answer and you don't seem to, where do you get your Fake News & Information from?
Look anyway we make money is great, if that process is the way the CEO takes then great, I don't think it's necessary but great if that's what he wants to do. I am not particularly fond of reverse splits, personally. I do like forward splits though, because they add shares to the coffers lol
They have money, I can tell you that much. Next!
Wrong, if this CEO has the experience he claims he knows doing an RS doesn't help anything. It will temporarily run up the price and piss off a lot of shareholders. So it wont make sense for this CEO to do an RS. Just in case you don't know, an RS can be approved, it's a whole other story if they execute it, in which I really don't think he will or needs to since the share structure is fine just the way it is.
It's a possibility, it all depends on the company, but there is always another option.
I would rather them do the buyback to retire option, bring the share structure down to at least 500 million range and that's it. Simple easy peezy.
As a client it makes perfect sense. Exploration companies don't need unwanted entities to know where they are mining their precious metals or oil from. So it makes perfect sense for an exploration company to be in league with $JPEX
A share buyback or a simple retirement of shares will greatly help $JPEX, if they do this the price just goes up and people have to buy at a premium. Simple as simple gets it all falls on what happens this year.
We still need news to justify another parabolic run to .10 and beyond. We will see what happens.
Happy New Years $CNGT family. I hope 2022 brings us all great fortunes.
Happy New Year to the $JPEX family, I hope 2022 brings us all great fortunes.
I hope so, a big PR will do this a lot of good. And maybe we will see upwards of .10 with it too.
The dips are not retail, the dips are institutional. Hopefully we end the day where we started.
Every investor or trader is wrong 50% of the time, it doesn't matter how good they are, they just won't ever admit that they have flaws in their system or theories. Don't pay mind to it. Remember this "The greatest opinions are always backed by facts, no facts, just empty and meaningless words"- Me.
Those always get canceled out as soon as the shell is cleaned. I wouldn't worry too much about it. There are alot of shells with zero capital. But what one must look at is the two guys spear heading this ticker, not so much the ticker itself. Whatever the ticker was known for in it's past is no longer relevant.
I don't pay attention to what people buy, I only care about what is to come. And this along with my other play is on track to making me a very happy man in 2022.
I agree. We don't agree much, but with this statement I do. Not everything is metaverse or nft relatable since it's still a very new and experimental sub sector.
It might be a very long wait for those waiting on a tech company to come in here
A share buyback, that's the best way, and always is the best way. And all they need to do is take 25% out of the total share structure to achieve the .20 deal. That's not even alot.
That's why outside of personal experience, opinions must be backed by facts and when those facts cannot be displayed to it's entirety, they are just empty and wasted words. An 8k won't be produced until after the new year. In other words, these guys have experience dealing with large companies, so they must know putting out anything before the new year hurts them, best for them to wait putting any type of updates out there for the world to see.
Good luck to you.
The fact of an RS being needed here is actually based more on theory than fact. I wouldn't be so quick to throw that term around, as a matter of fact, quite the opposite. I believe this management knows an RS is not needed as the share structure is perfect here right where it is at. One thing to consider is that not all reverse mergers require reverse splits, as those hurt shareholders, the two that do not hurt shareholders are Forward Splits and Share Buy Backs.
Just my two cents.
So I was right in a way, the dip was loading time for those that missed out getting cheap shares. So now, like I predicted before is when the merge gets announced, $JPEX will run on full steam to dollars.
And please do not take your profits to icnm, it's a horrible ticker, 20 billion shares is not a great share structure, $JPEX has a better share structure, way better. And anyone with the name Berkshire should not be trusted unless he is the great Warren Buffett himself.
Be careful when looking at these other people that are trying to sway you over to icnm, it's getting pumped by those very people.
I'll post every once in a while but it won't be as often.
The market trades tomorrow
To all of you on $JPEX good luck, I'm quitting Ihub. I'm done. Thanks for the fellowship. I will quietly go back to my office and watch $JPEX from the privacy of my sanity.
No I'm good I want to see how this pump plays out, thank you.
How do I sell something I'm not in lol
I think honestly $ICNM is getting pumped, jmo. There is not enough grizzle on the bone to even say this will have a big run next year since there isn't a whole lot of information on the company coming since as of right now there is no company coming in. This is way too early to making the brash claims that are being made, plus not every company is doing meta verse, but every stock now seems to be doing meta verse according to a user here, so who knows, maybe they know something we don't.
I can't promise anything, but if you can show me 3 OTC stocks that you think are better, I'm sure I and the people here will give you 6 reasons why $JPEX is better than the ones you picked, but you will hold or sell, the choice is yours.
Thank you, this was the opinion based on facts I was looking for. You get a follow for this.
Reverse mergers are the same thing as a SPAC, it's just OTC market terminology. That's all. I know $ICNM is technically a SPAC play. But if one throws out opinions they should be backed by facts.
No I'm not frustrated, I'm more in a sense of curiosity. People are interesting, to see how they base their decisions and see their thought process before making an investment decision is quite telling.
Without context? No I want to know the reason of his opinion. Why is it hard to give an opinion why he thinks $ICNM is going to run hard in 2022?
So your wife said this is a good bet? I like to think women have better intuition than men, but if you came in with no DD done of your own then that is your fault. That doesn't mean you should subject everyone else to your opinion of an investing mistake. Best thing to do is probably sell and find something else that makes you happier than $JPEX, like invest your money in Apple or Tesla or something of the sort.
All I want is a reason why BA says it's a big runner in 2022. I'm not asking for a lot, am I? It's a matter of a personal opinion I would like to know.
Well why would you buy at .0145, if this is a shell company with 1.5 billion shares? Why not buy a blue chip company that gives you less to complain about?