Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Why do you feel they are condemned to issue 3 times as many shares? Could beginning to have real revenue at year's end or next year compensate for the dilution? Surely, there has to be some conceivable set of circumstances under which things could begin to get better? Otherwise, why is anyone wasting their time investing in a turnaround, or even trying to trade it, or wasting time sharing ideas on this board? I'm counting on a turnaround. The best minds on this board -- specifically yourself -- might put some pressure on the CEO and board to be more transparent about what they intend to do to help shareholders. personally, I imagine that I see signs they are trying to clean things up and rise above the past. Perhaps I'm wrong, but it is my great hope.
Why don't you contact the CEO and ask him to communicate better to shareholders what the plan is for building value?
Depends somewhat on if they squander the money, or use it to invest in repositioning themselves to be able to produce revenue. I would think someone of Goh's background would have some interest in protecting his reputation and demonstrating a turnaround story.
Past is past. Mr. Goh is purportedly trying to make things better. If true, it will show up in the share price.
What news would that be?
Thanks for sharing the article.
Very dubious claim, all things considered. Manic, childish, and wasting everyone's time on this board. Is there no moderator?
Some major brokerages could not quote or route orders for ASTI anywhere today, which effect I guess would be huge.
Excellent analysis.
Thanks, you are more knowledgable than I am about the history and personnel...
May I ask what brokerage you are using? Cannot get even a quote at Fidelty
The coziness with Singapore bothers me, as this is a US company whose only strength is the technology and patents.
Well, in your wisdom and due diligence, which are the best ones?
Also no more pre-market or after hours mischief.
Spellchecker does the darnedest things!
Also, no more premarital or afterhours mischief.
Look at ROYL as an example of a company NOT heavily manipulated after transition to OTC.
Adidas trades on OTC, and so do some other good companies that could not keep their share price above $1.
If the alleged facts are so obvious, why is the investigation not long since concluded?
And how exactly does this relate directly to MDBX and its officers? Proof?
Could be now dated data, before transfer to OTC was public...
Already been dealt with, methinks!
Maybe .02-.05 assuming more contracts and lean mgmt principles.
Someone is paying him to try to trash it and crash it, IMHO.
"Shooting the breeze"? Why don't you go f_rt somewhere else.
Thanks for speaking for all of US.
Example of ROYL, first day on OTCQB sh price fell 50% and rapidly recovered in following 2-3 days. Reduced volume during confusion affects many trading algos that trigger auto selling when volume drops below a certain level. All those who sit and wait to see what happens for 2-3 days may be wise but miss a big move by not estimating the first day's lows. But ROYL is only one example.
Very wise. They do suddenly pop up like spring weeds in deficient soil, as you say, en masse. A bit like viruses.
Indeed.
Re: joesco0918 numbers
Seem to put the sh price about .077 before the exchange transition hysteria. I don't think the Singapore investors were idiots. Should recover to at least 80% what they paid, and improve further if performance/bottom line improves. I would not wish to be Mr. Lee right about now. Poor thing...
A mere brief aberration...
Keep the positive thoughts!
Now that Frito Lay's reputation is impugned, I must say I feel a nanocule more optimistic.
Would it take our minds off the share price?
That Esperanto must be pretty exciting stuff, eh?
In truth, I never understand this question, because no one can sell except to a buyer! It was a single trade for .0104. Cheapskates!
How can over 4 million trade at 4:07 when there is no AH for this stock?
The smoke and mirrors is definitely in the conversion plans. The lowest price is so easily manipulated, and to offer 40% of that to one investor, is a slap in the face to every other shareholder.
That's if they pre-pay the debt to avoid paying the expected interest rate. I consider the .75 cent a complete mind f__k, and do not believe it can recover .75 in a year. However, the clause that forces a 30% premium is to ensure the lender gets at least their 10% interest. MDBX/NGBL could be motivated to pre-pay if possible because their debt level is so repellant to any would-be retail investors. They are going to have to hit one way, way, over the fence to ever bring back retail investors in any number. Trust is destroyed here.
I think it was minimum share price caused this, not capitalization, which I had read was well above required minimum.
Thank you. Big institution ownership was less than 3% last I checked, so that cannot explain a drop from 8 to 3 cents. One or two big shareholders who "drew a line in the sand" on delisting news, or a pair tightly coordinating a "short" then "buy to cover" exchange of shares could have caused fall to 3+ cents. As someone else said (vixpix?), it was shocking. Indeed.
ROYL is another recent example that doubled after transferring to the OTC; went from 8 to 14-16 cents quickly. They thought it preferable to a R/S. And have good prospects related to near future developments. Just offering this as an example, like ZINC. ASTI situation is NOT hopeless. I only worry that the technology is being sold out to China/ Singapore at shareholders' expense.