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$TXTM - $Most $Excellent $Way to end the trading week...my favorite way actually... 31% green is green.
Have a grrrrrreat weekend likewise... Next week could involve a lil bit of flyyyyying.
Someone is wasting money with all those comical 911 trades
There is no need for smoke signals with $SANP....this will run w/ or w/o news...or any illusion of news.
Congrats to the players that be playing either way...we all banked and there is more banking to come next week...
I expected a trip out of trips today, and the 12's
quantify nicely.
$SANPowerful ~ takin' a trip outta trips.
Pffft please, the 3.92:1 Buy to Sell Ratio is not indicative of dumping -- more like loading before the impending news to come
Struggling with fact or fiction, much? Fortunately it is all very verifiable:
https://ih.advfn.com/stock-market/USOTC/protext-mobility-inc-TXTM/trades
$TXTM - Some folks struggle with distinguishing between fact and fiction, as the PPS going up 50% on over 100 million in volume is not exactly "going nowhere".
This is going nowhere and everyone is getting excited
$TXTM may just leave SAN* behind, if these crazy slaps keep coming in....wow!
buy volume: 63,567,340
sell volume: 3,821,055
https://ih.advfn.com/stock-market/USOTC/protext-mobility-inc-TXTM/trades
$MJ all day.
$$TXTM ~ $TNT A-Comin' Doog Buddy:
Thanks, AP.
Lookin' good so far here with $SANP -- I'm expecting a close in the 00's today.
$SANPowerful ~ takin' a trip outta trips.
$NECA ~ 3.46 Buys to every 1 Sell
Buy Vol: 92,882,380
Sell Vol: 26,825,000
https://ih.advfn.com/stock-market/USOTC/new-america-energy-corp-NECA/trades
7's now up... teamwork makes the dream work.
$NECA
The 3rd time's a charm
$TXTM
Going to help clear some 6's....
$NECA
If that is true, that is a VERY troubling revelation, since that could be construed as intent to mislead the investing public, and thereby the SEC can suspend trading in ONCI with evidence of such wrongdoing.
Berman can talk with the lawyers until he turns purple, and still an 8K cannot be filed after which a public company terminates its registration with the SEC, which ONCI has done on April 2, 2015:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10608910
It must first re-register with the SEC, and only after that process is completed, may any type of filing be submitted to the SEC.
$ONCI - I certainly hope for the sake of the investors here that SB isn't misleading the investing public in informing them that an 8K will be filed. That is impossible, since ONCI has suspended its reporting obligation with the SEC when it filed SEC Form 15-12G:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10608910
I'm not saying that SB is misleading investors, but someone/s is/are nefariously misleading the investing public in saying that an 8K will be filed.
Caution folks, the SEC can and will suspend trading in a security, if there is evidence of false or misleading information being disseminated.
https://www.sec.gov/oiea/investor-alertsbulletins/ib_tradesuspensions.html
Why would the SEC suspend trading of a stock when it knows that such action will hurt current shareholders?
The SEC suspends trading in a security when it is of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.
You are not understanding, there is nothing optional about it.
Once SEC Form 15-12G is filed the respective shares become deregistered and the reporting obligations are suspended.
The SEC received Form 15-12G from ONCI on April 2, 2015 and consequently the company no longer reports to the SEC from that date forward.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10608910
This resource should help you better understand what "going dark" is all about:
https://www.dorsey.com/newsresources/publications/2009/03/going-dark--voluntary-delisting-and-deregistrati__
The DD is applicable, nonetheless, Alternative Reporting OTC companies do not file 8K's with the SEC
https://www.otcmarkets.com/stock/ONCI/quote
$ONCI
$ONCI - Someone is lying or being lied to regarding the claim of "putting out an 8K summarizing last 2 months".
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10608910
As of April 2, 2015 ONCI has "gone dark", being that the company filed SEC Forms 15-12G and thereby deregistered their shares under the Exchange Act, thus suspending or terminating the company’s public reporting obligations under the Exchange Act.
In layman's terms, ONCI has deregistered their shares and they no longer file with the SEC, and so an 8K is most definitely not going to be filed, unless and until ONCI re-registers with the SEC.
Don't take my word for it, do your own DD, yet you won't have to look far. Notice that ONCI is designated as "Alternative Reporting" on OTCM:
https://www.otcmarkets.com/stock/ONCI/profile
Knowledge is power
Duly noted and I very much agree.
GLTY
True, but the sun blowing up is less likely to happen than the acquisition of Eqova Life Sciences being terminated, isn't it?
Let's hope that $GRCK is not just blowing smoke once again.
$GRCK - The acquisition of Eqova Life Sciences may or may not come, there are no guarantees with a LOI.
Acquisition closing next Wednesday
On March 31, 2017, Grey Cloak Tech Inc. (the “ Company ” also referred to herein as “ us ,” “ we ” and “ our ”), entered into a Share Exchange Agreement, as previously reported on our Current Report on Form 8-K filed on April 6, 2017, whereby ShareRails, LLC (“ ShareRails ’) was to become our wholly-owned subsidiary (the “ Exchange ”).
The Share Exchange Agreement provided us the ability to rescind the Share Exchange Agreement if the ShareRails members were unable to provide us, within 10 days of the Exchange, a consent signed by all the members of ShareRails whereby the members agree to participate in the Exchange and be bound by the Share Exchange Agreement. The ShareRails members failed to deliver this consent. Therefore, we elected to rescind the Share Exchange Agreement and terminate the Exchange.
On May 19, 2017, we entered into a Termination Agreement and Acknowledgement by and among the Company, ShareRails, Joseph Nejman, Dmitry Chourpo, Joseph Nejman, in his capacity as the “Selling Members’ Representative,” William Bossung, Fred Covely, Dimicho Pty. Ltd. and Covely Information Systems (the “ Termination Agreement ”). The Termination Agreement terminates the Share Exchange Agreement and rescinds the Exchange.
Trust me, it sounds cray cray to me as well. But it is there in black and white in the 8K.
I'm been doing my DD this weekend, and I posted what I found.
Don't kill the messenger
I tend to agree with much that you post Sporty, yet I am not the type of person to take anyone's DD as gospel.
I do my own DD, and to say that "no RS has been planned nor mentioned" is an oversight on your part when considering the 8K that I found.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135040645
Sure, it doesn't make much sense to consummate a RS with the current SS, but whether the company will go through with it or not, no one but the company insiders really know for sure. Arguably a phone call with mgmt. does not constitute as verifiable DD, as we know OTC companies will say just about anything for their best interest and especially when the SEC is not looking. Therefore, a phone call with mgmt. does not provide adequate assurance of there not being a "planned" RS...IMHO
All that retail investors know for sure, is that a RS has been voted upon and approved and it can happen at anytime before December 31, 2017, according to the 8K.
It should be noted, that the language in the 8K is not ambiguous, since it does not say that a RS may or may not happen, it states that the exact timing and ratio "will be set", which appears to convey that it will take place. I guess we will find out one way or another before December 31, 2017.
To approve an amendment to our Articles of Incorporation to effect a reverse stock split of our common stock at a ratio up to 1-for-100, the exact ratio and timing of which will be set by our Board of Directors at a future date no later than December 31, 2017.
And yet there was reason enough to hold a shareholder meeting and vote to approve a RS...hmm
You previously stated that there was no plan nor mention of a RS, and that statement was erroneous.
The 8K is undeniable proof that management was/is intending a RS, despite if they purportedly now changed their mind or not.
Savvy investors will trust what the 8K shows, not what the company may say over a nugatory and nonbinding phone call.
Usually where there's smoke there's fire. We shall see soon enough.
GLTY
$GRCK - You may want to read this before repeating that "there is no RS planned or mentioned", b/c that would be a gross oversight:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11887464
To approve an amendment to our Articles of Incorporation to
effect a reverse stock split of our common stock at a ratio up to 1-for-100, the exact ratio and timing of which will be set by our Board of Directors at a future date no later than December 31,2017.
The agenda item passed with votes as follows:
For: 10,833,873
Against: 370,762
Abstain: 3,100
Percentage Approving: 63.1%
History has a way of repeating itself with $OTTV
There are no bad buys in the market, just bad timing.
GLTY
Adding right here Doog...Rome is where Dolce's from
$NECA
Keen eye there DD_dempsey, I too see over 70 mil on .0005.
October is setting up to be a monumental month for $TXTM...IMO... South Africa is on the cusp of pronouncing Medical Cannabis Federally Legal on what should be October 13, 2017...Good things don't come easily.
http://www.protextm.co/articles/11
The Chairperson appreciated the presentation and the Committee felt more empowered. There were some fears, and a
lot of questions about combating fraud etc, and about the capacity of the MCC to deal with the matter. However, the
Committee was comfortable and she wanted to thank Mr Singh and the Whip for working together to navigate the Bill.
Good things did not come easily, so it had taken a long time, but it was for the good of the country. She agreed that
people had to be educated so that they understood that it was about health.
The next meeting was on 13 October, at which the Committee would pronounce on the legislation. Mr Singh indicated
that he would consult with the Chairperson prior to the meeting.
It may be premature to say that "dilution is over". Fact is, $OTTV is in now delinquent with their SEC filings, so unless and until we see the 10-Q from Viva for the period ending Jul 31, 2017, no one should rationalize and assume that dilution is done.
https://www.otcmarkets.com/stock/OTTV/profile
Dilution could be close to temporarily being done; nevertheless, what I have learned over the years in the OTC is to only trust what you can see in front of you. That is, L2 is a powerful tool when it is used properly.
All I am going to say in this regard, is that even today I see evidence of dilution on L2 - to each their own though.
GL everyone.
$OTTV keeps tanking b/c noteholders such as Integrated Ventures have been converting and selling 100's of millions of $OTTV shares. Here is the proof from Integrated Venture's 10-K:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12281821
As of June 30, 2017, the Company had $15,691 in cash, not sufficient to fund our operations for the next twelve months. However, we have converted two notes receivable from Viva Entertainment Group into shares of Viva Entertainment Group’s common stock and have sold a significant portion of the shares into the market to raise capital for our operations, including those shares we held as trading securities as of June 30, 2017. We have transferred a total of approximately $570,000 to our operating bank account, substantially all subsequent to June 30, 2017, to fund the development of our business
In July 2017, the Company converted the remaining principal balance of the convertible note receivable balance from Viva Entertainment (see Note 4) and received a total of 84,250,000 common shares of Viva Entertainment. The Company subsequently sold a total of 170,250,000 common shares of Viva Entertainment and received additional net proceeds of approximately $554,000.
It can't be construed as an accidental sell order/mistake if the person that sold those shares has no intention to repurchase some or all of them back.
The 4 million that were sold during last Friday's session, in what seemed to be a market order (maybe a mistake), are available for repurchase --in fact, they're being auctioned off daily M-F 9:30 - 4:30 EST, excluding holidays
I noticed a 1.3m bid on L2 today that never got filled (btw)...when we'll see 3+ plus million in the box, then perhaps we can acknowledge "the mistake" as a mistake. Either that, or there would be evidence of 4 million shares bought at the offer, which we haven't seen today. Maybe the mistake is corrected tomorrow?
https://ih.advfn.com/stock-market/USOTC/iconic-brands-inc-ICNB/trades
Keeping it real.
Shorting penny stocks is generally something that "retail" either lacks the know-how (most brokers don't allow it), or the margin requirements to do. Brokers that allow the shorting of penny stocks require 2.5 million in excess capital to short 1 million shares, and consequently the financial barriers tend to be much too high to permit for considerable retail shorting selling.
http://tradetheticker.blogspot.com/2014/02/question-what-is-250-rule.html
Besides MM's that can short and do short daily to make a market, there exists another alternative called "short selling against the box".
This practice can be done by a noteholder that shorts the proxy shares that they possess. This used to be more commonplace prior to 1997, as back then it was used for deferring a taxable event.
http://www.investopedia.com/terms/s/sellagainstthebox.asp
Despite the change in tax law, shorting against the box continues today.
For example, a noteholder that holds a convertible note that hasn't yet matured would be inclined to "short against the box" when the SP has gone on to run without them and is expected to retrace. So with this outcome, the noteholder will short against the box to ensure they catch "the gains" on the backside.
Point is, shorting selling penny stocks is very real and it is done with sophistication.
$ONCI
ASCM is shorting, yet the SP won't plummet until their short position is firmly established. You'll notice that ASCM is on both the bid/offer and has been for about 2 weeks.
Why do you think ASCM is on both sides of the box, not just the offer side, i.e., if shorting? It has to do with maximizing ROI, and that is accomplished by boxing the price in to prevent a premature drop -- after all, why not take a large short position with multiple price gaps in the chart that are aching to be filled? Oh, are MM's afraid of "The Bermanator"?...not even close. $ONCI is nothing but another pink penny stock to them, and they will play it as such. That is, they'll let it ride as high as possible while there is momentum, but once the music begins to slow down, they'll be positioned by then to pull the rug.
All it will take is a few days of red, or one large drop, and those price gaps in the chart will function as psychological targets. The "fill the gap/s" rhetoric is not here yet; nevertheless, watch what can happen when ASCM pulls his bid after his "short cup" is full.
Sure, ONCI could go higher if ASCM gets caught off guard. Many traders are speculating that SB can keep the momentum going, but can the guy really release more than 12 PRS in a month? ASCM is betting he can't...JMO.
FYI, $ONCI had 12 PR's in August and 8 PR's in September thus far.
https://www.otcmarkets.com/stock/ONCI/news
We shall see if ASCM is playing with fire. This is not a bash, but an analysis of L2 for ONCI.
GLTA here, this has been one heck of a ride
Shorts are real Nitty...only they'd be crazy to short against The Berminator
Don't break your necka shortin' $NECA.
When the 'market wins first', all will then begin to smell what's cookin' in Roger's kitchen...imo
Here's to profits for 'all'
$TXTM
I think you were watching the wrong L2....$NECA has been, mostly, retail.
Let's get the facts straight...hmm...no T-trades, looks good:
buy volume: 129,312,079
sell volume: 91,310,334
https://ih.advfn.com/stock-market/USOTC/new-america-energy-corp-NECA/trades
Absolutely Doog...there will be whalin' here with $NECA. Timing and execution are key.
Comprehensive $TXTM DD package Sterling, well done. Thank you for taking the time to retrieve and compile this important DD.
What I've understood after listening to last week's Parliament hearing, is that South Africa has gone through much of the due process, and is consequently now positioned to reschedule/down-schedule cannabis within the next few weeks.
https://drive.google.com/file/d/0B4WJojoiFSszTVE5UERWdFAxWmc/view
Upon the SA governmental ratification, according to the founder of SACCRA Jason Sean O'Donoghue, Plandai SA/Protext Pharma is expected to "gain access" to a research and development license that will allow for the company to employ its proprietary technology to produce a pharmaceutical grade non-psychoactive cannabis product under license from America. IMO, the implications of South Africa down-scheduling cannabis are profound for $TXTM. It will be interesting to see what unfolds over the next few weeks.
$$GEGIncredible buying interest: 55:1 Buy/Sell Ratio
Buy Volume: 16,516,025 - Sell Volume: 295,350
https://ih.advfn.com/stock-market/USOTC/genesis-electronics-group-inc-pc-GEGI/trades
This will be a very successful company, and it will happen right before your eyes.
You may have missed Griffith Molewa speaking before Parliament last week, if so you can listen here:
https://drive.google.com/file/d/0B4WJojoiFSszTVE5UERWdFAxWmc/view
It was announced that the amendments/regulations would first be approved, and then the applications/licenses would be issued subsequently.
Guess what rescheduling cannabis to a schedule 4 is other than the amendments/regulations being approved. Get ready!
"The MCC is meeting next week to approve these [regulations and application forms] and once they have approved them they are for use by the public," Health Director General Precious Matsoso said.
Your DD is inaccurate. I just demonstrated that Roger through Plandai Biotechnology owns the majority voting interest here, and Roger is then, ipso facto, the controlling party behind $TXTM.
It hasn't been an easy road for Roger, but his dreams are very close to becoming a reality after the ratification in South Africa to reschedule cannabis to a schedule 4.
You may want to read this and start doing some new DD on Protext:
http://www.protextm.co/articles/11