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Last year it ran on good news, i was in it. This time it ran because because dilution was 100% paused and trading groups were pre-informed.
With the rate of dilution over the past 6 months a big spike was always expected when dilution stopped. We had a few false ones after news where BMAK would hammer it again the next day.
Groups here knew in advance that BMAK would not hammer it this time and it was very safe for them to buy. I'd just like to know who informed them, and how much you have to pay for it, and when does BMAK start again ?
Simply No. Too long trading pinks to try and pull that nonsense. This is simply moving due to people having inside information. If it was the company or debt holder it does not matter, details on when the dilution was to stop were leaked.
It appears these "groups" know why there is a break in dilution, it goes without saying they will also be "informed" when to dump on the unsuspecting retail buyer.
Just another reason added to the long list of why the ordinary investor should avoid bb stocks. You have to beat the crook companies, MM's, Note holders, and now trading groups.
Do you know why ?
Strange that BMAK has stopped selling all of a sudden the past few days, yet when it was at .0014 they wouldn't stop ????
Its not even BMAK selling yet!!!, just people protecting gains today. BMAK will likely come tomorrow.
Don't see the point of a R/S if they are increasing the A/S ??
Has the A/S been officially increased yet ?
When does the increased A/S come into effect ?
.0016 x .0017, nice bump up...
Good news finally, bashing will continue...but we will be back to the 20's shortly.
.001 x .0011, Are the company even going to acknowledge that they have absolutely destroyed their own investors.
.0011 x .0012.
Did anybody contact the CEO to see if there will be any break from this relentless dilution, or when it is due to end. This will go to zero if it keeps up at this rate.
The company needs to release a PR on the plans and what dilution is coming and what is been done to stop it, otherwise we slowly head to .0001's.
.0011 x .0012. BMAK the diluter on the ask.
BMAK is on the ask at .0013, they are still diluting. This must be one stupid CEO. They are probably converting shares now at .0006 or half the low of .0012.
The CEO needs to halt all dilution until this price recovers.
Just pure incompetence, .0012's clearing now.
Suicide move by the company, they better have very good news coming or our investments are down the drain.
.0018 up, short trip back to the 20's.
So the A/S will be increased to allow dilution to continue.
Your forgetting that an enormous amount of shares will now be required to satisfy the notes. The CD's holders will be converting at max .0003.
They were converting several thousand $ per week in August, to raise the same amount will take 30 million shares, Once the price reaches .0005 it will take 40 million a week and when it reaches .0004 it will take 50 million shares a week.
They are now boxed in, unless the notes stop converting immediately or there is stellar news then this will hit .0001 very very soon.
More than likly already decided, but us minions will not be told until those connected have finished selling.
Its all in the last quarterly including the amount of shares they were diluting at that time, The stock has more than halved so the dilution will of increased by a proportionate amount.
The diluters are likely get there shares for .0002 or .0003 and will soon have to be selling several million a day to meet the notes.
If they follow the usual stinky pinks route we should see promoters here shortly to help them keep a market to dilute into. Regardless .0001 will be insight this year.
It was 250, but they were diluting 10 million shares a week when the stock price was double this. So the dilution amount will probably be between 20 and 30 million a week for the next while, increasing as the stock price lowers.
Looks like this is toast, i expect they have got close to max O/S with all the dilution so a Reverse split or O/S increase is coming. Those in the know are likely those that have been selling all week.
Where are these new shares coming from ?
Just remember the name Brian Conway, it will always be tied to fraud, deceit and malpractice.
I expect that is the conversions from the previous day.
Your an absolute disgrace of a human being. You make money by defrauding others, i'm sure your family are well proud.
Can't believe there is still people foolish enough to believe this CEO. Dilution is his game.
With the amount of dilution over the past few months the O/S must almost be at its limit.
As i have said several times before, this goes no where while this level of dilution occurs.
Lies, Lies, Lies, you cannot be trusted ever. You've been a proven liar and deceiver time and time again. It won't be long before you screw over another set of investors.
That was just somebody bringing it down to .0021 to give a bad impression. Very little if any dilution today, first in a while.
I doubt there is anybody left that is foolish enough to believe a single word that comes out of your mouth. Take your money and rot.
.0015 on bid now, shocking amount of dilution by this company. Should see triple zeros in a few weeks at this rate.
Looks like a P&D about to start here.
This goes absolutely no where with these levels of dilution.