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We can make a few conclusions based on today...
Conversions are pretty much done. CDEL has about 19M share left if that. Unless... of course, he reloads after his shares get taken out.
I think ... that if we get any real news without the conversions... we should be back at tenths of a penny maybe even a full penny. Crazy to think we are this low.
I bought what I can at these levels and have no ammo left.
Dave
Well... pretty quiet day... dilution seems to be slowing...
Friday and today weren't bad. Maybe, just maybe we can end up for the week.
Dave
Well... I thought we were done with the dilution...
I guess not CDEL... still sitting on the ask. One day... I am convinced we wake up and the stock moves forward.
Dave
My take---
Valuation in my opinion is the key. We all know the product works but they have had lack of funding for many many months. China is not only real but less than 6 to 9 months away. Cash burn is minimal... They have been running this company on fumes for a while but that is about to be over.
Yes, outstanding shares have increased because toxic debt is converting. Yes, a reverse split will probably eventually happen in order to get on a major stock exchange. There is absolutely no reason to reverse split at this time. None.
At 1.1B shares *.0005 --- I think that is equal to around 550K market cap. If you aren't using this opportunity to grab shares at these prices, I think you are missing the play of 2019. We were waiting for this to happen and it has.
10 times your money puts you at a market cap of 5M. I personally think the conversions are done as of yesterday.
Up early heading to the Army Navy game--- The conversions are out of ammo. Fix bayonets.
Dave
Do the market makers know when conversions are over?
Meaning will the begin to raise the price knowing conversions are done.
Thanks in advance.
Dave
Anyone know how much CDEL and MAXM have left...
How can we figure that out?
Dave
Crushing the ask today...
Must be close to the end.
Dave
Got to be out of ammo soon lol...
Conversions have to be close to done. Have to be.... Dave
Dave
Conversions seem to be continuing... but they must be out soon...
I noticed outstanding shares increased from 880 to 950M as of today. Any idea how accurate that is? Meaning is that a 3 day delay or is it almost real time.
I think this week may end the conversions and today was definitely a capitulation day.
My guess is we should begin to climb for real soon. The only reason we kept retreating is because of the conversions. We should be into the pennies already.
I would love to see this reverse before Christmas and I think we will. Big months ahead.
Dave
Anyway to find out how many conversions are left...
Hard for me to figure out which market makers are responsible for the conversions.
I think it is CDEL and CSTI but someone else stated MAXM. And I see OTCX on the ask a lot.
Dave
Frustrating company to own... but I feel the pain is close
to an end.
Dave
I think the conversions are the only thing...
holding us down. Financing would be great but with the recent orders of disposables I believe we can tread water until it happens. I'm just glad Gene hasn't just picked any financier and thrown us under the bus.
No idea how much conversions will take place... but I think we are setting up for a huge 2019.
Dave
Looks like a 37M crosstrade
Dave
I love this company and where it sits... and I despise
how it is being taken advantage of. I can only hope that we begin to move forward to a more appropriate level.
The real question is the following: Was today's announcement and prelude to funding?
If so, when can we expect to hear about it.
Dave
People holding this thing down... be nice to break out to a fair value...
I have to imagine today's announcement is a prelude to funding.
Dave
When will the Market Makers... finally let this run...
They are doing all the right things. One round of funding and we are off to the races.
Dave
Funding has to be imminent...
Dave
Let's see what it looks like today...
Dave
Huge... Funding on the way...
Dave
Righting the ship...
Think of it this way. 1.6M divided by 890M is worth .002 at a minimum strickly looking at the health of the company.
Hopefully funding is now lined up also than we are off to the races.
Dave
Any thoughts on the day...
No crosstrades. Purchases primarily at the ask. Surprised we stayed at this low price. Traded 50M shares. Someone needed to pick them up.
All the mo guys are gone lol. Guess we just have real investors left.
Doesn't look like outstanding shares went up.
Dave
GO ARMY
Feels like almost every trade has been at the ask...
Am I wrong? Again, I expect to hear something this week or at least hope to.
Dave
Very little action today...
I will be interested to see where we finish.
Dave
Volume... way down...
maybe the conversions are done. Those in the know can't buy until funding is announced. I have to believe it is in the next couple of weeks. If they get one guy to give them money at a reasonable price... we are off to the races.
Dave
Let's see what this week brings...
Dave
I have seen dilution happen before...
but not at this rate. 400M shares have been added in less than 2-3 weeks. My guess is the turn around is near.
I am hoping that we will begin the move within 2 weeks. Feels right.
Dave
Looked like 45M crosstrade...
Am I wrong?... I think next week we will hear about the future GTHP. Can't wait.
Dave
Looks like we could have a decent week... next week...
I think it is going to be pretty solid.
Dave
Anything you want me to ask...
I will gladly ask. I will call him next Friday or the following Monday... After Army beats Navy.
Dave
Has anyone reached out to Gene recently...
I may do it soon.
Dave
I have a few dollars left to paint the tape...
if needed be. I would like to end up at the end of the day.
Dave
Bought some more today...
my thoughts are the following. Dilution is better than the reverse split. It provides them with money to sustain. The truth is their cash burn is almost nothing.
Their staff is at a minimum and their expenses are also. The deal with Indonesia probably funded them at least two months. May not seem like much but they have been plugging the damn for a while.
I believe the quick dilution punished this stock way past the point of fair valuation. The dilution happened quickly because I believe we will hear about funding before the end of the year.
I have been far more wrong than right on this company. But, I more again today. LOL
Dave
No I waited 3 hours than grabbed them at .0007
lol. Everytime I but it goes down. I am expecting an exciting week next week. I think the dilution is occurring prior to announcement of funding.
I could be way wrong. I have been far more right than wrong on this stock.
Dave
Grabbed some shares to support the cause again...
Dave
Has the dumping subsided...
How do we go from 80M shares to nothing an hour later.
Dave
Let's see what today brings... is there a good website for...
Naked shorts. I used to have one but forgot.
Dave
My theory... shoot holes in it...
1. Funding is imminent. Which many might not know has been holding this stock back for sometime. It isn't the product or management or even FDA. FDA caused a major setback in 2014 and is in no danger of occurring anytime soon. Money is the issue. Not whether we get it but at what price.
2. Naked shorting. I believe that these announcements were potentially put out to help assist the naked shorting. Naked shorting can occur legally and not be forced to purchase on the open market when conversions occur. Naked shorting almost always occurs with conversions.
Here is my theory. I do not know this to be the case but what if investors are lined up ready to make GTHP whole. They are issued convertible notes but aren't allowed to own too much of the company. They know the company needs ample funding to actually move forward and they want to make sure they can.
So they are issued enough notes to get the capital in to help GTHP but are forced to naked short to ensure their ownership stake is at reasonable level. The naked short shares are used to offset the conversions and GTHP gets the money they need.
The announcements are used to support the stock because you can't really naked short a company that has nothing going on.
Assuming the stock has 650M shares outstanding today which it seems to have. In order not to have majority ownership they could be issued roughly 400M shares at a convertible rate of .009 which is $360,000. If they naked short the stock 200M shares which is possible based on the last two days they end up with an ownership stake of 25% or so. Still not a controlling interest.
Now if they throw in some senior debt of $10-15M to eliminate the liens, toxic debt and give GTHP working capital. The investor suddenly has a decent senior loan with 200M shares or more of a company about to do very well.
What does that mean for us shareholders if this happens? If this occurs, it means the outstanding shares go over a billion. Maybe even close to 1.5B with a reverse split expected in Feb or March to get above the threshold to get on a real exchange.
But 1.5B times .0009 means we have a market cap of 1.3M... for a company that deserves a market cap of 100 times that at least. Again shoot holes, in my theory.
Dave
Wow...
Big trade... However, I can never tell whether that trade is a positive or negative.
Seems like a huge trade. Any thoughts?
Dave
Let's see how the afternoon plays... if we break .009
I believe those short-sighted individuals... may be trying to grab shares later on.
Dave
Need an update on outstanding shares...
Any decent site. available.