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Yet clearly PDIV currently does not possess them and therefore only has 15 Billion of the 69 Billion OS. Not some bullshit numbers of 45 Billion shares as some have incorrectly assessed. Bottom line is the AS will have to be raised to allow PDIV to reach 45% of the OS.
By the way the reason that "allowance" is recorded is when this ticker is dead they will shift the debt over to the PDIV shell and start the same over again...lol.. no different than this scam ticker, a bunch of old accumulated debt that has been paid out to note holders of Lumb and Santini, hilarious to see Santini converted and dumped shares back in June of this year. Yet another rumor of no longer involved shot down.....lol
Enjoy!
Thats not what the disclosures say, it is to purchase up to 45% of the OS. Currently the OS is 69 Billion, its not even a possible scenario as they issued only 15 Billion to PDIV the rest is issued to other entities. Even if they were to issue the last 21 Billion to PDIV it would not amount to 45%, unless they raise the AS yet again....lol.... just more bullshit... ba ha ha ha ha ha ha
Hey how about that FLOAT now at 37 Billion....lol
Proven that the company has continued to lie about share dilution and dumping, just 34 Billion shares diluted in the past 8 months lol...:
QUARTERLY REPORT
For the Period Ending: JUNE 30, 2021
(the “Reporting Period”)
As of August 22, 2021, the number of shares outstanding of our Common Stock was:
69,924,985,482
As of December 31, 2020, the number of shares outstanding of our Common Stock was:
35,906,920,766
Number of shares in the Public Float: 37,378,638,023 as of date: August 22, 2021
Says who? Show were it states that a trade reported to the tape cannot be below the Bid? I will wait on that answer...lol.. The Broker Dealer for Lumb can buy shares from Lumbs account at .0001 in blocks to sell to the Bid at .0002. What was reported to the tape, 10M share blocks, pretty standard OTC Markets transaction for dumpathon scam stock like this. How else did the Float jump another 9 billion in the last 23 days?
Ba ha ha ha ha ha ha ha ha ha ha
37 Billion FLOAT!.......lol
Why? A 37 Billion Float is desirable? Confirmed dilution and dumping that has continued for 5 months now is something the unaware want? Just billions more where those came from...lol... 37 Billion...
The same usual unaware types, just gambling away money. Also pretty standard for OTC.
Ok and so what? That is a Ihub accounting system, last I checked they are not a regulatory agency...lol... dumping dumping and more dumping... pretty standard transaction reporting of more dumping.
Buys were at .0003, the sells occured at .00293, every buy has a sell, a fact, what did not occur was a pps increase, prove me wrong...lol.. just more dilution and dumping, ever increasing expansion of the share structure.
How about them technicals? .ba ha ha ha ha ha ha ha ha ha.. were they calling out .000293?....lol
Not difficult to understand, sell at .0003 to the market, buy at .000293 from Lumb to recover commission costs after close, standard MM settlement.
Bingo! Sell to the bid at .0003 buy from Lumb at .000293, to get their arbitrage... standard market making 101.
Its called settlement, the broker selling for Lumb posted their transaction at a lower cost after selling at the bid, standard T trades for dumping shares, enjoy the 30+ Billion DTC number after the 30 of August ...lol... dumping all day long.
Its called dumping from dilution. 28 billion will easily exceed 30 billion by next month for DTC holdings. Why is that a positive event? The drop from .0037 down to .0003 is marked by billions of dumped shares from 15 billion to 28 billion, nothing positive about that.
The same day, one leg is reported to the tape, that is all the public sees and yet the other leg is the buy on a NON TAPE TRANSACTION report of the cover, basic Riskless Principal process. It avoids duplication of volume reporting.
Enjoy!
That is not NSS, it is short volume, big difference.
Because its not actually short due to settlement period of Trade Date plus 2 days for settlement regardless if the trade is flat immediately.
Not difficult to understand, transaction requiring a broker dealer to complete a transaction between two brokers results in short volume, although nothing is actually short. Internalized orders within the same broker results in no short volume.
Pretty simple, this illustration explains Riskless Principal and why the short volume is quite meaningless as explained by both FINRA and OTC Markets as it is incomplete.
Sure, it is right here, download file search for GNCP ticker symbol, if not listed there are no Fails to Deliver for the stock, therefore all trade transaction up to period of report have been covered.
Here is the link:
https://www.sec.gov/data/foiadocsfailsdatahtm
The technical analysis is worthless on this triple zero scam, nevermind the fundamental changes in share structure, 2 raises in AS this year alone to 49 Billion and now 90 Billion. The ten billion shares dumped into the market alone make all past performance and trending analysis worthless.
How many times does it need to be pointed out, the technical indicators do not work properly on one tick changes with a dependency on closing price, the algorithm does not function accurately and when compared to OBV the strong divergence in indicators shows a false positive.
Summary, the increasing share structure makes technical analysis worthless and the one tick trading ranges shows it is worthless analysis.
No they don't, simply properly disclosed in an 8K. That is it.. enjoy...lol..
None of the above, illegal to announce such a thing without a proper 8K filed. Yet again complete bullshit.
Its quite hilarious actually, the SEC will not prevent filing in time no matter what event. Once again morons running this scam. Good thing it's not an SEC filer or it would have been suspended for that bullshit.
False, a complete failure to understand trade reporting. Not one single FTD here so therefore no possibility of NSS.
Enjoy!
There is no requirement to borrow when making a market. Its not difficult, its called riskless principal, it allows the MM to sell to a buyer first and then by from the seller to avoid ownership.
FINRA clearly defines this:
Q302.1: What is a "riskless principal" transaction?
A302.1: For purposes of OTC transaction reporting requirements applicable to equity securities, a "riskless principal" transaction is a transaction in which a member, after having received an order to buy (sell) a security, purchases (sells) the security as principal and satisfies the original order by selling (buying) as principal at the same price (the offsetting "riskless" leg). Generally, a riskless principal transaction involves two orders, the execution of one being dependent upon the receipt or execution of the other; hence, there is no "risk" in the interdependent transactions when completed. See NTM 99-65 (August 1999).
Q302.2: How are OTC riskless principal transactions reported to FINRA?
A302.2: Members can report OTC riskless principal transactions by submitting a single tape report to a FINRA Facility in the same manner as an agency transaction, marked with a "riskless principal" capacity indicator, excluding the mark-up or mark-down, commission-equivalent or other fee. Alternatively, members can report an OTC riskless principal transaction by submitting two (or more, as necessary) reports: (1) a tape report to reflect the initial leg of the transaction with a capacity of principal; and (2) a non-tape (regulatory or clearing-only) report to reflect the offsetting "riskless" leg of the transaction with a capacity of riskless principal. See Rules 6282(d)(3)(B), 6380A(d)(3)(B), 6380B(d)(3)(B) and 6622(d)(3)(B); NTMs 99-65 (August 1999), 99-66 (August 1999) and 00-79 (November 2000). Where the tape report for an OTC riskless principal trade incorrectly reflects a capacity of "principal," the non-tape report is required under the trade reporting rules.
Q302.3: If the tape report for the initial leg of a riskless principal transaction is submitted to a FINRA Facility, must the non-tape report for the offsetting "riskless" leg be submitted to that same FINRA Facility?
A302.3: No. The trade reporting rules require that where the tape report for the initial leg of a riskless principal transaction is reported to FINRA, the non-tape report for the offsetting "riskless" leg must also be reported to FINRA; however, in such instance, members are not required to report both legs of the transaction to the same FINRA Facility. See Rules 6282(d)(3)(B), 6380A(d)(3)(B), 6380B(d)(3)(B) and 6622(d)(3)(B).
But.. but... the technicals were indicating a total MOASS....lol... so much for that bullshit accumulation line.....lol
But hey who doesn't like 69 Billion additional shares added on the AS in less than a year and over 10 Billion dumped in the float in just a few months... ba ha ha ha ha ha ha ha ha...
Wow, awesome incomplete technical analysis and zero fundamental, avoidance of the ever growing share structure...lol.. 30 billion to 90 billion... float from 15 billion to 28 billion...but there is accumulation going on.... Ba ha ha ha ha ha ha ha ha ha....
Once again the broker sells Lumbs shares short to retail at .0004 all day long and at the end of the day after close buys the shares in one transaction from Lumbs account at .0003 to create the offset to get their commission. Not that difficult:
Q304.1: What is a net trade?
A304.1: A net trade is a principal trade in which a broker-dealer, after having received an order to buy (sell) an equity security, purchases (sells) the security at one price and satisfies the original order by selling (buying) the security at a different price. The difference between the price of the initial transaction and the price of the offsetting transaction generally is considered the broker-dealer's compensation.
His broker sold at .0004 to retail and then bought shares at .0003 to create the offset to recoup commission. It is standard trade reporting 101, because the trade has 2 different prices for each h leg both must be reported, so you see the offset reported in 2 separate tape reports.
Q302.5: Member BD1 receives an order to buy a security, purchases the security for its own account and then sells the security to satisfy the original order at a different price than the price at which BD1 acquired the security. Does this constitute a "riskless principal" transaction?
A302.5: No. Transactions at different prices are not riskless principal transactions for purposes of the trade reporting rules, even though the transactions may otherwise be "riskless." Thus, each trade, at each respective price, must be reported separately to the tape. See NTMs 99-65 (August 1999), 00-79 (November 2000) and 01-85 (December 2001). See also Section 304 (Reporting Net Trades).
Perfectly legal, it is called arbitrage and fee, as Lumb dumps share his broker must offset block sales with a buy block at a lower price than what was sold to create the necessary commission. Its not difficult to understand arbitrage is a standard process.
It has been explained, one tick changes with dumping, painted closes up, that is the algorithm. Pretty standard manipulation on a triple zero OTC stock.
Money Flow Multiplier = [(Close - Low) - (High - Close)] /(High - Low)
Clear divergence with OBV.....LOL.... Hilarious the clear dumping is ignored, this is why you have to use 2 technicals to rule out manipulation.
Pretty standard when stock is being dumped on a triple zero stock. One tick and painted closings manipulate the trend line, might want to research the algorithm, its pretty obvious why such technicals are meaningless in OTC land.
That is not what that means, an FTD can be caused by not only shorts, naked shorts and or lack of funds to cover a trade, all of which can cause can cause an FTD. one cannot determine from FTD the exact cause as it can be either a long or short transaction. But none the less when you have zero FTDs you cannot have NSS as trades are settled and closed.
Glad we cleared that up yet again.
Wrong, its not difficult, FINRA explains it well, tape reported and non tape reported to avoid duplication of volume.
Q302.2: How are OTC riskless principal transactions reported to FINRA?
A302.2: Members can report OTC riskless principal transactions by submitting a single tape report to a FINRA Facility in the same manner as an agency transaction, marked with a "riskless principal" capacity indicator, excluding the mark-up or mark-down, commission-equivalent or other fee. Alternatively, members can report an OTC riskless principal transaction by submitting two (or more, as necessary) reports: (1) a tape report to reflect the initial leg of the transaction with a capacity of principal; and (2) a non-tape (regulatory or clearing-only) report to reflect the offsetting "riskless" leg of the transaction with a capacity of riskless principal. See Rules 6282(d)(3)(B), 6380A(d)(3)(B), 6380B(d)(3)(B) and 6622(d)(3)(B); NTMs 99-65 (August 1999), 99-66 (August 1999) and 00-79 (November 2000). Where the tape report for an OTC riskless principal trade incorrectly reflects a capacity of "principal," the non-tape report is required under the trade reporting rules.