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Because I saw the buys on L2 coming in all day. There was dumping too. But there was significant buying all day
transfer agent said that the President is now Jim Farroquee. I updated the iBox and included the company phone number and email. I think we should start hitting them up with questions...
Does anyone know anything about Jim Farroquee?
I reached out to Giorgio and got a reply...
........Below is the full exchange.....................
I am no longer interim CEO. Also, Reign is not associated with SPRV. My email was added to a press release by mistake.
You may want to reach out to the CEO of Surpurva.
Thank you
Regards,
Giorgio Johnson
Managing Partner
Reign Capital and Consulting Group
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Sounds like most all companies on the OTC :) There is a play to be made here but this is not a stock to marry...Even if they have no product and just want to sell shares, you would think they would put together something to create a run based on becoming current and 420 and whatever other news they can muster up.
I do not think we will see anything tomorrow though but by end of month IMO...
The volume is what I am excited about though. It's not just dumping, it's a lot of buying. There is accumulation going on and I want to find out why...As for the pps, Volume then price...
Looks like it however the base being created is at 2 and not one and that is significant when it comes to this having a run as it will go much further. There has been a lot of accumulating. 105 Million today and it's only 1:27.
When they become current, that will be a big catalyst and I have to think that they will be following that up with news related to 4/20 or something else. Let's see if they know how to put a run together. It's worth taking a flyer on and holding for a bit to see what happens.
Someone slap the ask and hit a 3...
3's are up. 2's are gone! I think I just bought the last at this time...Taking a flyer on this one, if they become current and start issuing some pr's, this could take off quick...
That's just not true. There are lots of buys showing on L2...The majority of the volume does come from dumps though...but enough buys to make me think someone knows something is coming which makes sense as they just completed a spot voyage...
It means they just completed the voyage they discussed in their 3/27 filing...It's a good thing. Perhaps that is part of what is causing the uptick in volume.
Here's to hoping they will release a monster PR announcing they cancelled the r/s, they just completed their contracted voyage and have new contracts in hand for future spot voyages...Could happen and if it does, we will be very, very happy...
Here's from the 3/27 filing
"Immediately following the completion of the voyage Nikiforos entered into a further short term time charter contract for transporting approximately 32,000 tons of steel coils from Subcontinent to south-east asia which upon successful completion is expected to contribute approximately 160,000 usd in the revenues of the company for a period of 20 days."
I'm taking a guess that they must have cancelled the r/s. Only reason for this high volume out of nowhere and it seems to be actual buys and not just MM trades...
Wish they would put out an announcement and stop the guessing...
BMIC has been sitting at .0005 all day. I think that is the lowest they will go. The pps being beneath that is from fear selling and CDEL shorters IMO. I'm holding for the win. There will be significant news soon and the fact that BMIC has not dropped down is a good sign IMO
It is far from over yet! Lol. They are most likely diluting into upcoming news that must be significant. With the extremely high volume we had over the last week or so, there is something coming, it's just a matter of when...No fear here! $TXHE
Lots of fear selling today. Good! Sell your shares. It will be that many fewer 1 or 2 tick flippers and that will allow the run to go faster and further when it does happen.
Yes, it's crappy that the company is diluting into upcoming news, especially when they are one of the most shorted stocks on the OTC, but based on the volume we were seeing and the company diluting into news, that makes me think the news will be significant and soon. I for one am "Buying The Fear"
Dilution will end soon, shorters will cover and this will skyrocket and it will happen fast. IMO of course... $TXHE
Agree and dilution together with the huge amount of volume + shorts covering, makes me think significant news is coming very soon. Typical OTC move to dilute into news which is disappointing but happens all the time. Perhaps we see something this week...
TXHE is one of the most shorted stocks on the OTC. CDEL is well known to work for shorters. It makes sense they would be here and will continue to be here for a while. They need to cover their shorts.
It has nothing to do with conversions...Good news is that if the news is a reverse merger as most of us believe, then the pps will move so fast that CDEL and the shorts will be chasing causing what is called a "short squeeze" which will send this on an epic run.
L2 showing gap because people are holding their shares! GHood job to those holding strong. L2 showing 53M @ .0005 x 24M @ .0007
It will, just hold the course. Many jumped out early on RSII and missed out on the second leg of the run due to the games that were being played by MM's. This always happens, it will bounce back. Thing with this stock is that it is one of the most shorted stocks on the OTC, so MM's like CDEL are going to play games to run it down or keep it down until they cover.
If the news is a reverse merger like we all think, their games won't work this time and they will be chasing to cover....
We need that news to come out though for that to happen and it will, it's just when IMO
TXHE is on fire today! (again) well over 100 million in volume in the first 15 minutes. Reverse merger coming and the stock is one of the most shorted stocks on the internet. The short squeeze will be massive. Look at TXHE now. Low float, Reverse Merger, news imminent...GLTA
TXHE is on fire this morning! Over 100Million in volume in just 12 minutes since opening. Going up quick. Very thin. This looks like it will be running very hard. Shorts will have to cover, so the squeeze is coming!
No, they were voting on whether they would be doing a r/s or not. If they vote yes, it most likely would not take effect for a few months. They first have a vote and my experience has been they usually announce that it will be 6 months later but it doesn't have to be.
Frankly, I think it is pretty lousy of them that they have not updated us by now. My thinking is that they either did not have the vote at all or they decided no r/s and are timing a pr to pump that. Bottom line, we are all in a waiting period right now...
Here's to hoping they decided no r/s and put out a pr about that plus the contracts they have been doing and have coming up. If so, we will see this skyrocket.
If they do announce a r/s, we are all screwed and will basically have lost our money. High risk/high reward...
Just watched the CEO update. Very unusual to have a CEO of an OTC stock be so forthcoming and transparent and to answer specific investor questions in a video is very encouraging. Specifically says there will not be a r/s, considering reducing share structure and more. See it here:
https://www.facebook.com/GGMediaNetwork/videos/118153715396119/
GLTA $AMLH
I am also big on $TXHE High Volume the last few trading days and the pps is climbing higher. Has a low float and is one of the most shorted stocks on the OTC. If news of a RM comes out, the short squeeze will be epic.
Normally I would completely agree, but someone made the point the other day that they have to be current in order to do a r/s and they are not. Can anyone confirm if this is a requirement or how that might play out?
If they cancel the r/s that would be amazing and volume would come back and if followed by decent financials. This could be great but that is not how thing usually turn out in the OTC...
How do others see this playing out? We know they have revenue and contracts...
I think CDEL is finishing up. They are making larger offers which is what typically happens when they are finishing. Once they are done, this going to move fast...
There are a lot of new traders coming in that may have never traded before. This stock is a great education on how the OTC works. Pay attention to the L2 and keep watch. Exciting stuff.
They should be ramping things up with multiple PR's prior to 4/20. Huge opportunity being missed. If we don't get something this week, I don't think we will get anything at all...Hate when OTC stocks play these games. If they closed it, they would at least put a Twitter or FB post about it...I do not think the deal has closed yet if there is a deal
I hate to admit it but I think you are right. Things are starting to get a little stinky. Should have had an update in some way or another from the company by now. Did the deal fall through or was there never a deal at all?...
On the positive, my hope is that, sometimes these things just take more time than anticipated and perhaps the closing was moved to this week but frankly, we shouldn't have to guess about that. The company needs to do an update...
Yep, on bid and ask. Blatant manipulation. For any new traders here, if you are not sure what to do, just hold. Everything is ok and these games happen in the OTC. Just hold and you will be fine. More experienced traders know this and that is why the pps has held pretty good considering. Shows the strength of the stock.
Buys are starting to come in again and lots of them. This was walked down and will soon be walked back up...Remember the float is very low and makes it easy to do things ike that. Just hold the course. Over a BILLION in volume was traded in two days around .005 That is a tremendous base. This will be over a penny very soon, just need to let the games play themselves out...
This is being walked down. Thank you for the buying opportunity. Bought more and will continue to do so. Look at L2 and you can see the walkdown...easy to spot and won't last long with the stock...Like someone else said, "It's coiling for a boiling"
I hope so!! That will be less people that will one tick flip and hold it back from a run. Sell people , sell. As for me, I am waiting for that news and 4/20...It's coming, just a matter of time...
Exactly. This has a very low float. They are trying to scare people into selling their shares. Happens all the time. Hold and this will go up a lot more and anyone that sold will not be able to buy back in.
Sold at 2 to go over to AMLH but thought I would let people know that, I thought I would not be able to sell at 2 because of 19M on the ask and low volume. It did go thru at 2 which means that is a fake wall. GLTA
News Out! American Leisure Holdings, Inc.s GG Media Network Secures Industry Powerhouse for Esports Series Development, Software
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AMLH already 120M in volume just 15 minutes after open. Pennies are right around the corner. Easy money to be made here IMO. Very low float that is already almost locked up...
Over 100 Million in volume in just 10 minutes since open! Wow, I think that for me, that is the fastest I have seen from any ticker. This is going to a penny in no time and much further. The base being set at these levels is going to propel this into silver in short order IMO
What animal approval are you talking about? My understanding is that there is no "approval" of any kind needed for animals. The trials need to be completed to show that it is effective so that the market will accept it and so they do not get sued, but there is no government approval needed to go to market with the animal products at all.
Please explain...
Not just that. You think a 1/2 BILLION + in volume today might make a few people take a look...I do. This is just getting started. Even with todays 150%+ increase in the pps, this is still a great entry point! $AMLH
There will not be a PR today. They are closing today. Does anyone have a vision of them signing the agreements shaking hands and then the CEO runs off to issue a PR at the end of the day on a Friday, 3 weeks before 4/20. I don't think so!
The PR will be next week and I would bet that it will be the first of a series of them...
I'm hoping people get frustrated and sell off so there will be fewer 1 tick flippers to burn thru and this can move quickly...
At this rate I'm thinking we hit 3 or even 35 today! That is huge! This has only just begun. The news is still just getting out. Big players coming in and the base being built right now together with a really low float all equals a huge runner IMO.
L2 is very thin going up. The float is getting locked! Less than 3 Million being offered on the ask! This will be at pennies very quick with such a low float...