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uhhh, ya think???? lmao.
exactly. no one wants to be caught chasing when the news comes
his other shells were suspended. he just wanted to get his money and get out....now we're all wiping our asses with expensive toilet paper..
the gap down was caused by a total of 195000 shares being sold off at once....but they were quickly bought up. the fact that the total volume for the day was only 1.7 million tells me there are a lot more people holding. a true sell off would've seen a much greater volume
if I was more liquid I would've done the same......
gap didn't fill. but this just looks like a normal pullback day. I was worried when it gapped down this morning, but support held though at .15 and actually recovered nicely.
it's recovering nicely. the panic sells are gone now. the higher the price of the stock goes, and with the SEC watching............ Alpha will be forced to settle quickly
quite frankly neither am I. by going public like they did, this could work very favorably here
interesting...... a 603 share buy just got this back up to .165
they're being snapped up though.
looks like a gap down .16
hopefully. it seems that the lower price would benefit Alpha and Brio.a jump in price would force them to settle or face more litigation by the SEC for price manipulation, which is what they did in the past
agreed. however in light of the SEC judgement and the subsequent penalties against this toxic group, bringing this to light may mean a better settlement for igng. Alpha and Brio don't want the SEC involved here
igng has leverage against Alpha and Brio because of a judgement against them by the SEC
Bradley Yourist, an accomplished litigator and CEO of GBI stated, “While we are disappointed by the delay of execution of the SPA caused by the above articulated bad faith antics of Brio and Alpha lead by Brio’s partner Alpha, in connection with our attempts to settle the Judgment, GBI fully intends to stay the course, settle the Judgment, execute the Agreement, complete the reverse acquisition of IGNG, proceed with our previously announced debt and equity financings and execute our business plan for the benefit of the existing and soon to be new IGNG shareholders. Alpha cannot not be permitted to bully IGNG into accepting a settlement which is not reasonable to all the parties including the public stakeholders by causing an IGNG investor to file a frivolous lawsuit against IGNG for the purpose of sweetening the terms of the IGNG/Alpha/Brio Judgment settlement .”
John Hollister, IGNG’s CEO stated, “ as we signaled to our shareholders in our press release of March 18, 2019, we had concerns that negotiating a reasonable settlement with Alpha and Brio would be challenging given the environment they are familiar with operating in, in which they have huge leverage over their debtors and routinely impose toxic terms upon their debtors. Yosef Milgrom’s behavior, as articulated herein, is particularly troubling in light of the fact that Alpha, in its February 6, 2019 Consent Decree with the SEC was enjoined from and undertook to refrain from engaging in any deceptive or manipulative behavior in connection with securities transactions. This Consent Decree was entered into less than 60 days ago, nevertheless Milgrom has exhibited the behavior articulated herein in the last two weeks. In the current situation, IGNG has all the leverage since it is clear to all the world that if we fail to reach a settlement such as the reasonable one offered to Alpha and Brio on Thursday April 4, 2019, which met essentially all their terms, the failure of the Acquisition to occur as contemplated by all the interested parties and the ensuing damages to the IGNG shareholders and losses to the Alpha and Brio fund stake holders will be laid at the doorstep of Yosef Milgrom and his counterpart at Brio. We sincerely hope and believe that with this detailed public airing of the circumstances surrounding the parties’ attempts to negotiate a mutually beneficial settlement, visible not only to the IGNG shareholders but also to Alpha’s owner/partners, Austria’s Bank fur Arbeit und Wirtschaft, known as Bawag, and Austrian Billionaire Martin Schlaff and investors as well as Brio’s investors, a final accommodation, acceptable to all the parties, can be quickly reached.
lmao....interesting way to put it..
hang on everyone. I see NITE has 116000 at a .24 bid.
I doubt that. a few idiots would dump for sure, but trading would get slowed like this week, but not dropped. no one wants to chase an explosion... the only scenario for the price to plummet would be a collapse of the deal like lv$a which took a nosedive when this deal was announced.
if you put in a limit order at.25 you will get your order filled at.25 and it won't destroy the pps. trading basics. market orders or stop loss orders destroy the pps
every time it gets to .25 idiots are selling using market orders dropping the price down. haven't these morons ever heard of LIMIT ORDERS?
hey wake up!!! it's here...FRIDAY ....oh wait... 3.am.......5and a half hours before the market opens again....... good morning.... lol
let's hear the news IGNG
this has been testing 19's all morning. hope it breaks thru
you can get it here if you have a subscription. I usually go to https://www.otcmarkets.com/learn/service-providers/5076?t=3
not sure. what's interesting is the odd size orders: 20, 50, 475. what it all means is unclear to me. what retail trader would pay commissions on a $3.40 trade? all I do know is today's actions confirm the reversal signaled by yesterday's hammer
I saw that too. not retail for sure.
indeed. with licenses and acreage. impressive revenue in half a year, they are very ambitious and aggressive. could be a significant if not major player in a very short time.
igng is in the QB. one step from the NASDAQ. lvca was stinky pink. so it makes more sense to get this deal done right. and they are showing they are being very aggressive here.
einstein:
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
it's moving in the right direction at least.....AT LAST!!
that's good news.. I overlooked that. need new glasses I guess
this means more churn right?
can anyone explain what this all means for us? it seems positive, but the delay in filing the 10k seems worrisome. does this mean dilution? some real perspective would help. thanks
means they are committed to this deal. $$$$
why bad?
indeed. much to like here. support established....take off on news
that's it. HOLDING their breath and shares
well, does this finally bounce today?
replaced by more churn.
hammer time!!
indeed