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They still have equity of 6 million per the 10k This isn't dead yet, folks
Still waiting for feedback on what happened to the proceeds from the money they raised with the public offering on June 23rd or whatever. That was supposedly 4 mil. WTF.
So what the hell did they do with the 4 million from the public offering from June? The 10k said they had over 6 million in equity.
THANK YOU 3 flight- I spotted the exact same dynamic- Retail selling pressure broke today's trend plain as day and then PAUL followed suit. Furthermore you've got the market maker who has to make money as well to create a market. He will need to scoop shares. I had a friend today whose .043 bid got dodged and then someone grabbed .04 before the ask went straight back to .045- This price action shows us that the noteholder waited to see what retail would do with the news, and once it became clear the common shareholder wouldn't support the ask longer than 3 minutes following the open, PAUL said okay- and proceeded to whack the bid. I am 99 percent confident that we are blaming the wrong entity for this sell pressure, today. I'm not saying I believe retail is to blame OVERALL but certainly today, that's for sure. Here's the caveat- since the volume spiked today the average daily volume will move up as well which will allow 3A to move out quicker based on 7.5% volume. They will want .04 or better on 25 million shares to hit 1 milly. If it goes lower they will back off the bid and still receive preferred shares to make up for it. But we need to all look in the mirror here because its obvious our common shareholders are just as anxious to sell as 3A
I'll put a bid in at .02
I'm leaning more towards the biggest problem being everyone who is flipping this. You saw what happened today, we've been in the .04's for awhile and everyone who was dollar cost averaging down all this time IMMEDIATELY vomited all over the bid the very first chance they got. Like a 12 yr old boy that just discovered porn for the very first time, retail blew their load all over the share price today. I'd rather have 3A capital to trade against than retail. At least those guys are governed by 7.5% of the daily average. I know for a FACT- this stock isn't holding gains due to the retail flippers. So if everyone would kindly quit blaming "Trillium" and so on that would be awesome sauce. We went up close to 20% today and noteholder is limited to 7.5% of the daily average. This is retail paper hand problems.
At least there's volume which will lead to 3A capital getting out of the way faster. But will also lead to more bid whacks soooo... there's that. I think 3A was gonna hold off on selling until they saw retail flip selling .04 the day after the 10K so really nobody to blame here. I would sell too if retail isn't going to hold up their end.
Maybe 3A took 7.5% off the volume too. I dunno
Simply alot of people flipping that bought up the .04's
$UNQL maybe go time today! Marathon not a sprint
Would LOVE to see 3A capital going long here. At least another 5 business days from here would help momentum to grow some roots. If not I'm leaving powder on the side to grab anything down here.
Might be to late after today to grab .04's I'm certain there is a higher PPS on the horizon. To much growth, to much potential here for positive changes in the future. To attractive at .04- Not saying I know where the share price is headed, just saying 04's seem to good to be true
They can only issue up to the amount of shares authorized. Which is 800 mill- everything above that is irrelevant until or unless they raise the AS. Not only that but the public float is only 200 to 225 million, I'm counting 3A's shares as making the public float 225 give or take. In what universe do you see insiders choosing to sell shares at BELOW market value prior to reverse merger and growth. Give this a little time it will go higher for sure.
Bodhi does appear to have taken to the bear thesis a little to strong to come across objectively. Seems to me like he doesn't want this stock to gain value. The exchange agreement was pre-arranged was it not? And prevailing market conditions apply but do not dictate a fair value PPS nor do they account for growth or potential mergers, etc. Or debt relief should they choose the optional notice to redeem notes. If the stock trends up it will trend up, with or without 3A capital. They can unload their shares but you have to believe eventually this stock sees gains beyond what they were selling shares for. If you are shorting this good luck buying my shares down here cause it ain't gonna happen.
Bodhi does appear to have taken to the bear thesis a little to strong to come across objectively. Seems to me like he doesn't want this stock to gain value. The exchange agreement was pre-arranged was it not? And prevailing market conditions apply but do not dictate a fair value PPS nor do they account for growth or potential mergers, etc. Or debt relief should they choose the optional notice to redeem notes. If the stock trends up it will trend up, with or without 3A capital. They can unload their shares but you have to believe eventually this stock sees gains beyond what they were selling shares for. If you are shorting this good luck buying my shares down here cause it ain't gonna happen.
The only reason and I mean ONLY reason this trades so low is because the early noteholder from the first spike sold at market and I'm making an educated guess based on a provision in the latest filing that rules out 3A from being able to short, the noteholder probably used a helper to short. Which would explain why they bid whacked it all the way down and then we saw several quick pop ups. Which is also securities fraud if proven but I'm sure it won't be. If they let it breathe healthily it could very well start a trend leg up - Not a bad company to invest in and I'm certain they would rather have a higher PPS
Not a bad 10-K, now let it find legs please.
They might let it run up again. (3A) Capital that is. Like back in February. That's if they can get buying volume to enter the stock on the 10K. They should issue a PR with highlights in an easy to read breakdown and just let the stock turn bullish without peeling. Then maybe put a governor on sell pressure. That's what I seen TLLTF do, they have a SHIT ton of insider ownership and those guys always peel it back when it hits .52 and then stop at .47 and then do it again at .52- *shrugs
The 10-K came out just before close?
Only have 5g's free money to throw at this and I'm not anxious to pull the trigger right now.
3A and Trillium wear a clown suit to the office and the first order of business is always how to sell a diamond for the price of bronze. These idiots couldn't sell eyeballs to a blind man. But they get more shares if the SP goes lower. My question to you is, why do you think they want more shares? Cause the answer therein explains why there is value in buying down here. $UNQL is a real company with REAL revenue and REAL profit. They are NEWLY listed and still undiscovered. The more shares you own the better off you will be PERIOD. which is also why 3A wants this share price to dip. And also why we shouldn't let it. Think about it.
From my perspective, this isn't worth selling, only loading. The discounted shares being handed out over the last 6 months through capital raises and notes will eventually dissolve. 3A and Trillium? What can I say? They both have the same capacity for patience as that of a common house fly and all they will have accomplished is to create more profit for those of us who didn't sell early. There is a little ways to go before it happens but, sentiment WILL turn bullish with heavy buying volume following updates on their earnings and forward guidance. A huge bullish momentum wave that can eat through a sell wall like a sharp knife through warm butter should manifest itself at some point. FOMO likes the MOMO-- GLTA Only take a starter, dollar cost your average and "PAY"TIENCE..
Very well said. I especially like the part about not checking this board. "Pay"tience will be the only strategy here. I'd be lying if I said I wasn't tempted to buy more but I'm not buying unless I can SIGNIFICANTLY reduce my cost and since 3A is still sitting on shares I can't buy. As I said, the timing lines up with my thesis that 3A expects new buyers to come in. And since 3a is in bed with UNQL in the first place, I'm inclined to believe higher SP is near term. So I'm torn between buying more and waiting.
The only silver lining I am looking at comes from connecting the dots between the timing of 3A's little sweetheart deal and the 10k being so closely linked. It seems like a bullish reversal is expected
Correction. Margins won't change but I'm sure some of the capital they raised will help the balance sheet somehow. As far as 3A goes, it won't matter if they get more shares once they've driven all of the interest out of anyone buying this due to the fact their corrupt manipulation has destroyed market confidence. At that point no amount of shares is worth anything. They better wake up or they'll be left with a giant horde of worthless shares
People are forgetting. They received 4 million from the public offering they did in June which is closed by now. Margins won't be as thin given the extra capital they raised. Disclosure will come on the 10k and show how they decided to use it. It should improve the numbers.
Today's close is exactly why I haven't been trying to buy any shares and also why I will continue not to buy any until I am presented with shares par value .01 at which time I will load the boat.
If 3A isn't on the sell button down here so close to the 10k it makes you wonder....the timing, and the near term catalyst seems to closely connected. Fingers crossed for a bullish reversal on earnings or merger/acquisition-
The example 3flight made with TPTW reminds me of an analogy that I believe applies to many investments. "This is chess, it ain't checkers"
*Training Day
Don't buy if you can't withstand a decline or retrace, do your DD and remain steadfast in your conviction. Your only helping shorts when you cut loss
Seems to me like the 10k is expected to look really good and attract new buyers to the stock. That's what it looks like to me. I am tempted to grab .03's but I'm waiting to see if 3A is gonna do anything silly before the 10K. Don't trust em.
You forgot to DA MOON. and ***ATTENTION HODLERS****
*A single bullish turn of events can wipe out months worth of unrealized losses in just 3 days.
There's really no point in buying this week. Unless it hits .01's the par value on shares for the note is .01- anything around .01 gives me a chubby. I'm bagging it until I see dirt cheap shares. They're gonna wreck it to .029 I bet it stops there for good.
Focus on what's happening in the future. Day to day we are getting wrecked but things DO have a way of turning around. A single day of gains on the right update or news can turn the tide easily. We have all seen it happen. This is a newly listed company and as such you can buy the discounts associated with temporary notes. The only option is to go long or take a loss. Why take a loss when the potential for a reversal is looming. My advice is as long as you can afford it, to hold on. Taking losses is never going to lead anywhere but more losses. Hold as long as it takes imo
Better days ahead at some point
Perfect setup for a nice comeback after its all said and done. I'm not here for the day trade I'm looking for a sustained run after this company decides its time.
I will think about adding more somewhere down the line after enough time has passed. Maybe I will catch something good in a week just before the 8k. A good couple of high volume days could easily satisfy the note. It's a catch 22, on one hand they can discount the SP up to 7.5% of the daily volume until they have acquired the specified amount of 1 mil, and on the other, anyone who soaks up the freebies will still have their shares once the note is satisfied and at a much lower cost.
Someone said I wasn't offering details in my statement that QB status can lead to millions in attorney fees so please allow me to introduce you to HCANF- which paid 7 million in related service fees to stay uplisted last year. Also if you look at their share structure you can see how they paid those fees. Please don't get your feathers ruffled I'm not pitching a bear thesis on GSTC, I am simply saying my personal preference is audited financials with no uplist. Reason I brought it up is cause one of my long positions certified for QB in February and I hope they don't follow through with it. With these guys they just need to demonstrate progress with their drugs and not dilute until absolutely necessary.
Did nobody see the provision in the 8K which completely excludes the possibility of related parties from going short, and/or hedging with any sort of put position? This will help keep the bid/ask in position to move up in my opinion. At first I was skeptical because I wasn't looking at the logic behind the provision but if you think about it, basically a no compete clause which rules out conflict of interest. Meaning everyone will want this only to go up.
What is this merger you guys keep mentioning. Are you talking about Asia Pacific?
Can anyone translate the last filing. Mt brain already hurts