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Certainly some don’t want it. I’m not one of those people.
This trading indicates news of R/S is coming. Most traders do not understand how to deal with offerings, splits and up lists.
Once this round of dilution is over surely we will see mid .02s again.
This board has gone completely insane.
Absolutely.
I can’t believe people are blaming “flippers” today. Are you not watching what is going on here???
ASCM isn’t retail though. They’ve been they biggest hurdle today. This thing has got to be wound unbelievably tight right now.
The gap wants to fill so bad it looks like. We have a wild amount of volume but this much selling pressure at these levels doesn’t make any sense.
Really odd trading
Market hasn’t been open an hour yet. Relax. It’s all good.
.03 push happening today. This afternoon should be fun. Imo
I’m hoping for a PR from our new firm tomorrow AM laying it out in terms everyone understands.
Lol I think everyone is in disbelief.
I believe it means no class A preferred shares can be converted to common shares before Dec 22 or until their financing round is done. The earlier of the 2. So essentially 0 potential dilution here in the near to mid future. Imo
Love this stock.
I’m unsure what the CEO could say at this point other then calling off the possible R/S to up list. This isn’t a glamorous or exciting industry. Revenue should and will speak for itself.
We haven’t seen the pop yet
Added .0168. I mean cmon lol. This drop is a farce
Just an FYI guys. Companies don’t hire IR firms unless they believe they have lots to share with investors. It doesn’t take an expert to be able to figure out what is going to happen here.
No I’m not selling at $1 either. Just curious.
When do the dividend shares begin to trade here?
We will see how manipulated this is when it bounces hard to green today.
This is the part I missed skimming over and maybe the most important part of the whole Q.
“During the nine months ended February 28, 2022, a noteholder converted $131,759 of principal and interest of the convertible note into 73,346,191 shares of the Company’s common stock at a rate of $0.00179640 per share. As of February 28, 2022, and May 31, 2021, the outstanding balance on the Trillium Note was $0 and $1,104,500. The note did not have a discount related to a beneficiary conversion feature, due to modification of this Note in November of 2020, when this debt discount was recorded as a loss on extinguishment of debt.”
So am I reading this right the Trillium note is gone?
You’re right but there was in this one. Still great revenue. Just some work to do to lower expense
Great revenue. Not so great net loss. Company is going to do $1B this year though.
You would rather see a great 10Q released after hours on the last day of trading before a long weekend?
I’ll take a great 10Q on a Tuesday every single time.
Lol this is not true.
We have a new MM on the list today showing 10k. STXG. I bet that 10k is a lot bigger then 10k.
I don’t see what could possibly take it there. Maybe a reverse split lol.
Nothing to see here just another RS in the future.
What’s joke this stock is. Keep up the good work Shitts.
Yes, can’t argue that.
There are different tiers to nasdaq. I assume these guys will be applying for nasdaq capital market. The requirements are less then what you posted.
Anyone trying to legitimize an OTC company must be new to the game. 99% of these companies are scams or at the very least insider enriching schemes.
We are at .03 with insane revenue. Obviously something stinks. It’s stunk for a long time. Don’t marry OTCs trade them. All this noise on the board means nothing. At some there will be a good pump even better then .07.
Every pinky is a stinky. Even most of the ones that make Nasdaq.
With any luck Stitts will be removed. I know a lot of us have been wishing this since the whole theatre pivot. I think the pieces are here for a decent investment if they get the guy with the right vision.
Always.
Don’t you just love it! Fresh unrestricted shares to dilute us some more!
I agree that UNQL and EF Hutton have 0 cares about current shareholders. Market cap mean nothing on the OTC but on nasdaq as we all know it does.
It’ll be interesting to see how it plays out but I’d rather go into an up-list under valued then even fair value, whatever that is.
No it didn’t which is why it’s floundering now on nasdaq and probably won’t survive IMO. This on the other hand should rocket once it hits Nasdaq.
Not only is it under subscribed now but if the company plans on a name change or new CUSIP # which I assume it will, naked shorts will be forced to cover their positions.