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Can someone please explain the Jeff logic to me?
Back in june 2019 , jeff, one of many Reg-a offering investors of $50,000, chose to have his shares issued and available to sell. Being they were reg-a offered at .005 and the market price was .015, it was a quick roi for him.
This equated to 10 mil shares issued, and it was pretty obvious when they hit the market and myself and others gobbled up what totaled to be all of them.
That was 9 months ago. So, help me understand what people are now, and for the last 3 months while no significant increase in outstanding has occurred, talking about.
awesome volume of buys on this ticker today. Have a great weekend.
And that’s a current May 5 update
Because of the state shutdown spencer hasn’t gotten final inspection approval to start up the miners. Also Spencer should be saying this, not us, so that’s a bad on him.
China paid for the hospital with debt they will not produce revs to pay off
Bfch created a facility with savings and investors who were issued almost no shares up til this point
Im not sure how thats possible. If the ask was .0103 with 100k on it and you put in a limit order for 20k at .0103, then it should fill. I guess i dont have that answer.
6mil share day. Thats the sweet spot. MM algo’s throwing big short asks up to control price and then they run off once it gets tapped and it shows up again smaller, shifted ever so slightly in price and they show up on bid at .0081 to try to cover as well. The only reason i figure its algo is if you slap and then immediately see the ask numbers jump around, thats a machine. And they might end up -200% in a short bit.
700k support above .009 - risk to load is very defined.
Big slaps and opening up
They prob maxd outstanding since 9/30 filing. Burn rates 150k a year. Have no new products tested outside their inhouse lab. Would have to finance new item apprvls , would have to front production, marketing and sales distr. You’d need a $1mil to start. Earth corp deal prob pays retro based on realized sales via the share issues, it’ll be 2 yrs before they have cent in hand. The dilution writing is on the wall, imo. Grant money is a dream in this drying market, but hey hopefully that lobbyist pulls thru for em. I see 1.5 bill - to start
This looks to be going 1.5 billion outstanding shortly. Good luck.
Blacklung made my day dude
Awesome news . Awesome volumes. If ur flipping and getting in the way of the incoming volume squeezing shorts to grab ur measly $80, nows a good time to gtfo the way and tickle another ticker.
This is gonna hit a lot of scanners
2.8 mil - now theres a bid
Looking thin - slap and burn them shorts - 750k shorts yesterday Slap slap slap
First - thanks for the detailed writeup Correct me if I misremember: Crytpo Minute and Martin Baker is in some form a subsidiary of Liga assets. And, Liga’s been doing informercial stuff for many years. Also is why Liga is partnering on a facility or presumed facilities giving more space for heavy ad runs and cost reduction on them. Im on board with everything, and hopefully Martin’s use of “proprietary” is what you say and believe. It certainly would be for the best. Im very hesitant on the ad reach numbers, having looked through some past promo runs - but this is not to nix anything positive. I only mention it for some grounding. Lastly, as far as big money lead loading in past 2 months, i would have then expected much bigger buy numbers and bigger movement in ask price.
Go bfch - the time in almost upon us
Hey fruit: i mentioned the cooling system a few months ago and best my knowledgeable its not Spencer’s proprietary system, its one that he bought from a mining trade show. So its proprietary and new and awesome but not something he’ll be licensing nor something he invented.
Yea, it’s coming
Imho We’ll know when we see a 6 million traded day. When that happens, dont look at price, just buy the next shtt available. And push push push price up.
I have missed where the type of miners purchased was stated and shared? are there specifics? I recall (perhaps wrong) a box from the pallet had ant2 miners written on a box, but years ago the plan was ant9 - so that didnt make sense.
If anyone knows, please share.
Haven’t been able to watch the ticker daily - but yesterdays volume was different ~
https://www.otcshortreport.com/company/BFCH
Yea, but i believe there’s two sources of power. The miners have dedicated specially ordered transformers. I know they have them at the warehouse, but i do not know if they are hooked up.
The loading for this play has been going on for two years. The biggest holders already have their position. We’re talking 25 million shares. That’s why this hardly moves and on hardly any volume. It’s locked. Of course, everyone would have liked to have loaded even lower, but that kind of loading would also drive the price up near where it was loaded, again.
Since there are no new BIG loaders, this floats around lightly. We could all pile $5k on bid together at .009 and get filled by shorts all day, with them hoping we run out, but it feels like we are just chilling for the push - and the push will be massive. Imo
So, kinda odd, but BeFaster Coin (as seen on twitter) has the acronym bfch, so that shtt will be tweeted as if $bfch.
It will confuse people, thats all im saying.
Its not helpful. Only long term (6+mths) holders are helpful. Flips dont help, and with whats coming flips are now disappointing.
Or .56c like hive 2 months ago :;
Shizzle. Great vid. Immediate attention to 5 facilities and 2100 miners in (1), which leads to brain to a 10,500 miner 5-facility plan. Whether or not thats true, size-wise, thats the impression a viewer is buying into and quick calculating from. IIR, liga - partner in the ads - had planned co-ownership of the 5th facility. Ive noticed the liga twitter acct has been liking bfch posts. Certainly they are all in communication and have some plan as to when bfch is ready to accept and sell that which they have creating the marketing plan for. I would think they would get final inspection apprvl prior to that marketing launch and corona has that on hold a few weeks. Imo. Again, all makes sense and doesnt deviate at all from any plans, to me.
I will respect anyone’s targets.
My scratch sheet projection with discussed items falling into place has .25-.5 end of year and some build into $1 thru-out next year.
But it’s a wild ever changing world.
Yea. I’m counting on multiple squeezes, but just not quite yet. We all know this is building something with great potential but until the everyman knows and believes- it won’t squeeze. That would prob be “miners on”.
Also, lots of folks waiting on the actual mining- and me too. But, i think many many reverse mergers into the company over the next 2 yrs is going to be the key driver. And, those wont give you time to “ease in”. They will be straight price rocket. Imo. Ive never sold a share yet. I dont plan to for quite some time.
Market managers shorting hard today
My eyes see almost 1,000,000 shares shorted. Actual numbers will post in the morning.
https://www.otcshortreport.com/company/BFCH
I didnt mind the pump, since there was a reasonable plan behind, which took so little effort to execute i could have handed the work to my 8th grader. But, Mo did his best and with his results and plan and new share disbursements ; i realized its dead. And really kinda breaks my heart, besides broke my wallet. It was so g-damn easy.
I will interject an opinion. I have noticed that when the algos shorting get tapped repeatedly (only happened a few times)they back far off. But, when they get hit with a big purchases they put up a big walls figuring nobody else is coming. I would put bids at .0055 and see if shares get dumped to you for a week and if news comes out then start slapping it upward, in slaps not chunks.
Also, related to volume you should be picturing what 10 million shares traded per day looks like to the ticker price, movement and pricing spreads. Get a feel for what should be heavy upwards velocity. Imo. I could be wrong.
Glad to see you here, fruit. Ur a good and well informed dude
Its in an ihub msg a couple
Weeks back
Thats financier jeff “jeffery” mutual garage
I hear what you are saying and many others share your opinion. I disagree on the variant points. What is available on YouTube has a high failure rate. New innovations to reducing costs have come out and implementing those is make or break it, imo. And it doesn’t take a rocket scientist but it takes a businessman. This whole project fails if monthly overhead and expenses go over a threshold. The whole project fails if share dilution were to happen prior to a massive jump in price. No matter how long this took - 90% of the success or failure is in the projects base. Low cost/low shares.
Today, afaik, they need to hook generators to miners power boxes - whatever that process is. Idk. That happens, they upstart, they run promo, price climbs greatly cause no shares available, then reg-a investors start getting their shares disbursed. Then the upstart is successful and they merge other companies into the ticker.
My guess is they didn’t like the financials being uploaded separate from the quarterly and so today there is an amended report with both together
And then the next competitor who wants to replicate exactly what he’s work so hard to put together, will have a perfectly clear diagram of how to Construct it including the patented airflow cooling system from the Southwest tradeshow . I feel pictures inside are a bad idea.
Total agreement. My message was more so for everyone to read. Didn’t mean to direct anything pointedly negative at your good questioning.
Who is going to pay for those national ads? And you can bet the big celebrity that does the promo just got paid in shares and those shares available are almost maxed out.
And any net earnings from the product sales will fund the next batch to be produced for sale. The money that was not there to produce the three other flavors the past yr could not make it happen so where is this new money coming from?
1 warehouse site. The office address is Fredericksburg.
If folks have sold to get a better lower position, thats normal. But, the daily variance between shorts and total sold, to me, is minimal and doesnt support big positions being emptied, nor does waiting until price is this low to do so, nor does waiting until days before a big announcement such as “we’re going live on X date”. This price movement vs current volume is a big nothing to me.
Also, if the biggest money is out, you can believe they are watching closely like everyone else and when people get the trigger to be in again, its gonna run crazy. Just my read and Imo