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Yes. It was 100 million yesterday...today updated AS is only 222122....
Yeah...AS now listed 222122 only and OS 140530...more sell off today...but it looks like that we are close to the end of downtrend...thinner...thinner...thinner every day...we all know what happens usually after that...
What should that mean?
Are you currently hold here any long position or you are still looking to enter?...just curious...
Are you currently holding some shares here?
These low prices won’t last for long...
He may start diluting soon or not...again it’s only your opinion...the stock price is already at the bottom...I don’t see any reason for dilution now...many stocks have a large amount of authorized shares and only 10%-20% of outstanding shares...
Increase of AS doesn’t automatically mean that we will see dilution...many stocks have a large amount of AS and only 10-20% of outstanding shares and they are good...it’s your opinion only....
It may drop or not...no one can be for sure here
How many of us still holding WDBGD?...
When D should be removed?..
Still here too...what do you think it may happen here next?
Looks like MD wants all shareholders to sell all remaining shares...the question is why he needs that...hmmm....I don’t see MD is dumping new shares to us yet but he’s working hard to scare us and to have us to sell all shares we have...a lot of uncertainty here still to be known...
A lot of unknowns still behind the scene...I’m still hanging here as well...let’s see what happens next...MD still keeps a silence...
What’s your prediction for close price today?
Where is the dump???
Ask is very thin here...the bid $14 is very solid...2000 share bid @14...it may pop anytime here...
Looks like it can run soon...
At least you believe as well that they will move to Nasdaq...which is good...
Again...I will be only glad here for all longs if it will run and I’m wrong...GLTA
No one wants to sell...? Why?
Many people state here it’s the dilution...for me it sounds like a forward split is coming up here...GLTA
I sold at 0.0007 this morning as I don’t see it will run...GLTA
I think it will go back 0002-0003 range and later back to 0001...without news it’s a classic pump and dump...
I see here same trick as last time. Last time when MD did RS he filed via NVSOS decreased amount of shares and everyone was freaking out about RS...then after tweet attacks he issued RS notice and gave to all shareholders one week before RS record date to sell - why he gave us one week notice?....because he didn’t plan to wipe out the shareholders however he knew what happens here...accordingly all people sold all at a loss immediately....and no wipe out after RS to trips as many predicted didn’t take place...
Now is the same trick...NVSOS file was completed with a share increase to 100 M from 222222...He understands that shareholders will think that it’s the dilution and will sell the shares at a loss again....indeed we will most likely watch the Forward split here....many people still think it doesn’t make any sense...but believe me it does....as MD stated he’s 6 month ahead of other people actions...
Bottom line I don’t think that MD will dilute 100 million shares to shareholders as the form S1 hasn’t been yet filed/approved...if he does it it’s gonna be more difficult for MD to move Nasdaq then as he wants and if that’s still then the case...he will lose the remaining shareholders who trust in him now...
Otherwise just sell all your shares at a loss at market open on Monday if you are afraid of dilution and then cry again when the stock will jump up...or you hear from Finra about forward split....
Some people say he doesn’t know what he’s doing...maybe he exactly knows what happens next and what he’s doing...time will tell...
I think it was a benefit to MD and his company that you all sold at a loss assuming that he’s not supposed to do what many people were positive about...”to move it instantly to trips after RS”
Exactly same trick this time...sell at a loss on Monday and than be shocked to watch what you don’t expect...that’s the plan of this game here...
I will watch for both FINRA forward split Daily list and Edgar registration stock sale....let’s see what will pop up first...
No dilution here till S-1 form filed/approved...most likely we could see the forward split here...I will keep an eye on FINRA Daily List every day...but it could take another 2 weeks to see it....
Last time R/S took place on 01/17/19 after NVSOS filing 1/3/19...2 weeks...we may need another 2 weeks till 2/14/19 for FINRA approval to see F/S...no reason for them not to approve it...as Janice stated earlier there is no requirement for MD to notify shareholders about that...
Let’s see what first comes on the table...FINRA FS approval or S-1 file/approval...I’m leaning towards FS...
We shall see...not selling anyway...small risk vs high reward....
They are not going to do a FS, there is no benefit to them at all to do one.
FS Benefits: to get more shareholders, they must have a minimum shareholder amount in order to be qualify for Nasdaq. Second benefit many people will trust in WDBG after FS again and the more buying pressure will start. It’s a confirmation that there will be no wipe out with dilution....
All the buying and selling of shares on the OTC today does not provide them a penny of working capital/cash, so a FS will do anything - maybe...but still they will raise capital after FS.....
A RS "clears the deck" of those legacy shares from NHPI and, with the amendment to fix the screw up of reducing the AS, they now have 100M shares they can sell into the market, and that's what they'll do, though maybe not the whole 100M in one whack. "Ownership" of the company by those legacy shares has been reduced from over 60% to as low as 0.1% - many people sold at panic assuming that they will be wiped out....so far if many people wouldn’t sell they still would have a chance for a full recovery....
As per logic...it make more sense to increase AS to 100 M only with FS to get more shareholders and to run hard. The after FS price will be more affordable and attractive than now....plus everyone will know the real intention of that step meaning that it’s no dilution - that what logic tells me...otherwise it maybe a dilution....but still no f-1 form filed/approved
The point is to figure out first if’s a real dilution with no filed/approved S-1 form or F/S split... we shall see soon...maybe even early this week...if the price drop significantly to $5 or less per share I will believe it’s a dilution...but if it holds or rise...there will be all chances to believe that FS could take place....
If you recall with 2B shares it moved quickly from 0.0001 to 0.0269....don’t you think we will not move with 100 M shares?...
Another question here: Minimum Nasdaq price should be $4...during what period of time?..
Don’t you think they can do FS 450:1 as you stated and then issue multiple PRs, financials etc and we could run to reach a minimum Nasdaq price...
It may happen here....
You got my point...1:9000 RS last time...shares 2 billion to 222222....FS 500:1 this time...shares from 222222 to 100 million...without a massive run before FS it will not reach Nasdaq minimum price...a lot of unknown facts behind the scene....we shall see...
As you stated it’s a mystery...how could they start dilution if no S-1 has been filed/approved yet? Before R/S we had 2 billion AS...then it was decreased to 222222 with R/S...now it’s back to 100 Million...forward split could take place here...I don’t see any other valid explanation here...
Hi 06Goat! Are you still with us longs? What do you think about this NVSOS amendment?...
We shall see...you don’t know for sure...next week all will be revealed...
The only benefit they will have if they do a forward split is a Nasdaq requirement match where is needed a minimum of 1250000 shares...now they have only 222222 shares....
Sorry for typo in the previous message....
PAR value was lowered from .001 to .0001 - it’s now - Forward split...no one knows but many guess.....as well till actually later will be discovered here....
PAR value was increased from .0001 to .001 dated on 1/3/19 - Reverse split - no one knew that once they saw it in NVSOS and many guessed as well now till officially we had a notice a day or 2 days later via otc market...
Now we have an opposite corporate action from what we discovered on 1/3/19.
We have all chances here to believe that it’s upcoming Forward split.
PAR value was lowered from .001 to .0001 - it’s now - Reverse split...no one knew but guessed.....as well till actually later was discover here....
PAR value was increased from .0001 to .001 dated on 1/3/19 - Forward split - no one knows now and many guess as well now till officially we have a notice...
Now we have an opposite corporate action from what we discovered on 1/3/19.
We have all chances here to believe that it’s upcoming Forward split.
Have you sold?
I’m not selling anyway...I will wait to see what happens next...