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Yeah I just went over the 10k this seems accurate.
They are paying old notes they would have to dilute for years to RS again.... I think this will turn around just not sure when these notes will be paid. One more converts in oct and more in 2020. These are old notes from the old ticker.
Yeah that’s the key it will run hard for sure.... just don’t know when they will stop. We would have to crunch some numbers would still be hard to tell when.
I don’t look at it that way... they have notes out that are being converted per the old ticker. Those people are going to get their money. Unless an 8k comes out showing another convertible note this is all old stuff.
It just says 50% of trades pps
Typically note holders just want their money.... so they will sell whatever amount to get the money back. Read the 10k it shows notes still outstanding and their terms.
100% cleaning up old debt. Let’s see what happens. I was thinking .008 was the bottom but who knows. So far no dumping this morning.
They are diluting did you think it would hold? Once the company has paid of the debt of MGCI then it can move forward.... it’s in the 10k
It went from .01 to .045 pretty easy. Both q’s drop and stop sign removed it will run. Can’t read the future but it will have its day maybe not .50 cents or a dollar but it will do well.
What’s your point.... os is low under 40 million fillings will come and get a bump and I’ll be out. Long term hard to tell.
Nah stocks with 900 million run over 10 cents all the time.
Good luck I’ll make money on this one with time....
Diluting at this rate would take over a year to kill it. Play the bumps it’s going back over 4 cents when all these fillings drop.
Fillings and becoming current.... os still low under 35 mill I bet. They get current and show the shareholder they have a serious company then it can move pretty hard.
Me either bought some .008’s
I’m down waiting for that .008
Yeah 500 at .0091....
Yeah man a ton of potential here.... if the os stays low this can run so hard. I feel this one has a good risk/reward.
I would be happy with .10 but I think it’s worth way more than that. Could go crazy with a good 10q and the right news.
Haha yeah none of mine have done that well. I’ve been up 30k in one and as low as 300 bucks in my E*TRADE account I’m still pretty new at this but it’s fun to gamble a little.
Damn that’s what you dream about right there!
Gotcha thanks
Is that how it works? I thought when they were sold it reflected in the OS?
Why so low looks like AEXG is staying back what happened?
I tend to think the same even though that’s not a good deal with the sec or share holders.... seems they are holding till notes are paid off or close to being paid off.
It’s easy they are converting old notes to clean up this mess. Should get interesting when conversions stop but the next conversions are due in oct.
Because of dilution once it stops or gets a break it will run.
Dude it’s been said before there are stocks with 10 times the os here that run way higher than 5 cents.
Right they “4 less” is having to clean up the old ticker to become current. Obviously those notes are still being converted hopefully when it’s all over we have a decent OS.
Yeah that’s the shits man sorry to hear that.... gotta cut your loses when you can.
Agree 100% trying to figure out where this thing will end up all depends on how long dilution continues. Over all picture is still good from my position. Without dilution this is over .20 cents all day long.
Dumping hard today
All of those shares had been converted pre r/s though right? Since they have the total amount of shares converted for that dollar price?
To become public he’s going to clean this up. It will take time but IMO this will be big... not sure when but it’s a real business making more money each year.
I’ve got an 18 Chevy 1500 never had any issue with it. Our work trucks are 2500 Chevy has i our 180k on it rough oil field roads. Tires and oil changes that’s about it. Solid trucks.
It’s in the 10k those notes are out with conversion rates.... those deals are done. I agree dilution was still going on yesterday. Next conversion is oct... hopefully they are close with these other notes.
Patience will really pay off.... could have flipped today prob should have I’d have double the shares from the day before.... I always have a hard time pulling that trigger.
10k looks pretty good for a pink stock. Becoming current with the 10q will help bump this up still way under valued... hard to tell if flippers or more dilution stalled the run. Gotta take profits when you can.
Then you have multipliers... but yeah still way under valued. 10q and getting the stop sign off should help.