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We may have a Bid at .0006, but there are still a lot of sellers coming in at .0005 as it moves up on the bid.
No one wants those .0007s yet!
There is still over $15,000 of MMEG sitting on the .0007 Ask for sale.
No one wants that crap as there are still a lot of losers wanting to sell lower at .0005 and .0006!
PPS provided by the 5000 to 1 R/S = .50
R/S ratio price .0001 X 5000 = .50 per share
But the current Bid pps is .08
That puts the previous Bid at .000016
.08 divided by 5000 matches the .000016
And the current Ask pps is .18
That puts the previous Ask at .000036
.18 divided by 5000 matches the .000036
So what am I missing about the R/S ratio price?
Great MMEG Ask Size today!
Ask at .0006, Starts at 12 million, jumps to 17 million and now after trades at the .0006 Ask, it moves higher to 22 million.
What's with the clowns working for MMEG?
Most traders knew the R/S was coming based on the history in otcmarkets:
Is MMEG going bankrupt?
80 million just dumped on the .0005 pps.
24,328,571
26,140,758
28,842,851
All three of the above shares traded at .0005
What will they show on the after hours Form T?
22.1 million plus another 18 million at .0005!!!
So push 40.1 million after hours to your investors, MMEG!!
You're wonderful!!!
I'm glad I resisted buying more of this crap stock!!!
That's good, but the Ask size just increased as someone just added 5 million more shares to it.
Ask size: 24.4 million (was 19.4 million)
I had an urge to buy millions more at .0006 and .0007, but my active body (still alive) told me to not think about it because we still don't believe the actions settled on or provided by MMEG management.
MMEG Ask @ .0007 is now back but the size is still at 19.4 million.
I'll buy again when management provides a resignation letter to the public!
That's a change, but the .0005 Bid size is now at 116 million even though the .0006 Ask size is still moving up and it's at 11 million now!
Now .0006 Ask size moved to 9.5 million after all those buys on the Ask size.
So did the "insiders" get nudged by investor conversations about the pps losses and start buying back all of those dilution shares that were dumped on the rest of us?
Thanks for that update, but my first MMEG purchases were at .0021 so their destruction of the MMEG pps down to .0004 did nothing but destroy my holdings.
I'm down 60%!!!
If the comment I posted was a reference to a reverse split (which I doubt), all penny stock investors know what a reverse split means and they also know that the current price will be gone immediately when the reverse split happens as the stock price is increased to match the reverse split ratio.
If that did come from the MMEG CEO, then if it was a reference to a reverse split, he should still be removed if he didn't know what a reverse split means.
If the MMEG CEO actually said the following, he should be removed because no penny stock investor would stick around watching this stocks value for that length of time:
Great MMEG trash sales in the first hour!
Which MMEG management seat is selling phony sizes?
2,899,999 followed by 2,100,001 equals 5 million shares!
Why sell two trades?
MRIB still looking GOOD coming to market close!!!
Volume has moved to 10.2 million at .0001.
No, that's something I never say!
MRIB looking GOOD!!!
118 million shares sitting on the .0002 Ask Size waiting to move over to NEW traders!
Ha! I just misread that MMEG trade as I've forgotten that low salary Penny Stock traders reduce their numbers to buy/sell multiple trades to come with less than 100 shares (odd lots).
The MMEG .0008 Ask size has been lowered from 10 million as they traded a BIG $16.95 at the awesome Bid price of .0007 for 24,226 shares!
Then to settle the world, they decreased the Ask down to match the .0007 Bid!
Are they looking for more $16 trades today?
Great! They just traded 2 million shares at the .0006 Bid price for $1,200.
No .0008 Ask size back yet!
A funny day! They keep putting 10 million on the MMEG .0008 Ask size and reduce it when no one buys anything but less than what they are offering.
No .0008s!
Another "nice one"! 3 million .0005 MMEG Ask size with 7.1 million traded at the .0004 Bid and followed by another 3 million traded at the .0005 Ask price without changing the Ask size. Still .0005 Ask size at 3.3 million.
Now after hours we see another Form T (or was it three) showing 12.6 million traded at the .0004 Bid price @ 16:13.
When does it end? This is really disgusting!
Nice again! After the MMEG .0005 Ask size moves to 4 million, its traded again for 6.7 million from the 4 million Ask size and now it sits at 3.3 million on the .0005 Ask size.
So when do we see a "current" MMEG share price?
Great, after I mention the 12 million size sitting on the MMEG Ask, 9.1 million is traded at the Ask price and then the Ask moves to 4 million.
That's 12 million minus 9 million of Ask trades plus another 1 million added to the Ask to make it currently 4 million.
So it never ends. Just keep adding MMEG shares at the Ask or sell them at the Bid.
What's next?
Sure, once the MMEG Bid goes up to a decent value, I just might sell mine.
The only problem is, the current number of shares shown on the amount of shares looking for trading today come nowhere close the the total of shares I'm holding while waiting for slow moving management to increase the MMEG share value.
Bid 10 million - Now 7 million to another 10 million
(after 3 million traded on the Bid)
Ask 11 million - Now 12 million
My current MMEG opinion is the same as the one I was asked about two weeks ago wondering how I knew it was related to "insiders".
It's pretty simple, my point is that this MMEG company being run by its management is doing nothing to support the company's stock price.
Unless as some believe, the number of shares being dumped at a very low price are a very big indication of stock dilution and selling shares at a low price.
Most investors are waiting and hoping for formative MMEG press releases.
Instead investors receive 10,700,000 trades at the low price of .0004 way under the complete trade volume of 17,720,999 today. Not something investors use as a indication of a valid future.
Apparently, the MMEG CEO is excited about the new game users as the stock price drops:
It looks like MMEG management adores the low price of their company stock since the Ask size continues to increase and the trades on the even lower Bid price is even greater in its size.
Makes me think they must be putting on new costumes to entertain their low price shareholders between PRs!
Yes, I keep waiting to see if he has to explain himself in a court appearance and also the money that was received from another group that stated they were investing their money into "Harvest Soul" instead of FPFI before he took that Inc and changed it to an LLC.
Also would like to know how the FPFI management just let Harvest Soul, Inc. go without telling their shareholders what happened.
WOW, that 25 million was just followed by many more millions.
Thanks, that's what I was getting ready to post!
(2) Form T traded total of 20.6 million at .000591
Ha! Are we being finally told that the former President Carpino held company voting power since Pixelmags was merged with, that exceeded the private company CEO's vote?
The market closes early at 1:00 pm. on Monday.
https://www.nyse.com/markets/hours-calendars
The Form T delayed report on that 23,866,080 "buys" of MMEG was listed as a price of .000594 though showed on other reports as .0006.
Wonderful company!
6.9 million shares traded at the 3 million Ask of .0006.
Ask size still sits at 2 million at .0006!
This MMEG stock trading sucks!
Makes investors wonder how many MMEG shares will be reported traded on the after markets Form T that will no doubt be filed today!