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Think this might make a move. May take a few days but I got that feeling it might. Jmo btw.
No, I never said that, I never said sell or get out of the stock in of my posts, right? Don’t put words in my mouth.
I even stated I’m a shareholder and for obvious reasons would love to see a merger happen.
But let’s be real, the stocks sp is at one tick above where it sat stagnant for most of the year, there’s no more volume and the CEO stepped down, and the company dumped over 500 million shares in two weeks...
I could be wrong but only a fool would think a merger will still occur
Aside from watching L2 during every run and seeing the same MM take down every bid, literally dumping 300 Million shares in literally just two hours, I mean I guess one could assume that’s the doing of a single shareholder or a group of shareholders but no single SH held that many shares, and with the news of the CEO stepping down only two days after, I’ve seen this same song and dance about 100 times to know the dumping came from the company whether it was paying the CEO out or whatever, it was not retail.
Exactly, if this company, worth literally nothing, was going to complete a merger with a company showing the revs there showing, this would already be trading in the .0050’s. And it looked like that might have happened until the company swooped in and dumped a ton of shares.
At .0007 I’m exactly even. Didn’t sell once in the last 6 weeks, and I hoped there was a merger really in the works, but you’re right, what’s transpired in the last 10 days suggests this is a p&d, as much as I hate to say it.
There’s been tons of dilution, Idk how long you’ve been on this one but saying there’s been no dilution isn’t true. It’s what killed this stocks movement
So you think we’ll see a merger complete by 1/1? Ok, let’s see how it goes
Brother this will never see copper. Ever. Think about everything you’ve seen and read, look at the trading, all that’s happened in the last two weeks is the companies taken all the money off the table.
This would be trading at .01+ easily if they weren’t so greedy, but with the CEO long gone, why wouldn’t they dilute the sp.
This is by far the most ridiculous string of events I’ve ever seen for a company about to complete any type of transaction involving a reputable company, which in this case is sinister. Imo IGEX is a huge scam and it’s only a matter of time before it’s realized.
Who did? The “new” CEO?
If Investors truly believed IGEX would close on a merger bringing in those types of numbers, this would already be trading at .01+.
And it looked like we would get there two weeks ago, especially with all the investors pilling up until two things happened...
One, the company dumped about 400-500 million shares in 3-days...and two, a few days after that, the CEO walked away.
To me at least, the way this has been trading, the PPS today, none of this represents a company on the verge of a multi million dollar merger.
And anyone who I thought it might have been has already moved on...just my opinion though.
The best is how the CEO left the company after dumping like 400 million shares in three days lmaooo
I said this would happen last week. Consumer buying dried up, nobody’s buying and this is barely holding up above .0009, lower from where its first big run started.
If anything, at least before the company wasn’t dumping shares, now, I can’t see any reason why new shareholders would jump in.
At this point, shareholders are banking on the merger going through, and my moneys on it never happening. We actually I still hold a ton of shares so I guess it’s the opposite but my point is what’s transpired these last few weeks, the pps is lower than the initial run, no merger is happening.
You’re 100% correct. I’m basing my speculation on what the activity I’ve seen since buying in two months ago.
Again, I could be wrong but I feel like I’ve seen this song and dance one to many times, worst is, I’m probably one of the only few who held and didn’t sell in the last few weeks.
I’m hope I’m wrong and everything goes like the company wants us to believe.
Yeah, CDEL/Retail really had that many shares to dump last week, literally a never ending amount.
We’ll see how this shakes out but my money would be on the way it’s looking rather than what I hope it might be.
You’re right, but that’s not when the company is dumping shares and pocketing the prospects of the stock running.
Let’s put it this way, watch L2 today and CDEL in the box, you’ll see how relentless they are.
The issue now is they’ve really taken a ton of money from shareholders with nothing given back. The SP should be at .01+. Instead it’s at it’s lowest level in the last three weeks.
What you’re calling for, a run to .01, that’ll never happen when the company won’t let it run to .0010 without taking all the profits.
You mean other than the Transfer agent being gagged, and other than watching CDEL dump 600 Million in shares last week alone? And other then the CEO stepping down in the 11th hour...No, I don’t, I’m just using common sense and past experiences to come to my conclusion.
But hey, I could be wrong, and the sp dropping to these levels, CDEL cleaning everyone’s plates and the CEO resigning might all just be coincidence.
If you wanna see a similar situation, take a look at L@HO, a failed credit card processing company who for months told there shareholders they were getting into, wait for it....Stem Cell Research! Lmaoooooo
And the exact same events transpired. They used the runs to pay off there debts, then “raised” over $10M through selling shares to complete the merger for Stem Cell Research lol
And what do you think happened? The company is suspended and not trading.
Idk if this deal will still go through, but typically the CEO, the face of the company, they doesn’t step down at a time like this.
Yeah, the first red flag was all the dilution. As soon as the company took every dollar off the table, and I mean literally every dollar.
Second red flag is the Pr that the current CEO resigns and a new CEO is named? Yeah, cause this happens often during Mergers.
And now you guys think this deals still going through? Cmon now, I hate to say this since I’m invested, but once that deal falls apart, there will be so many complaints this will likely go grey.
And the CEO who spearheaded this whole scam would have already moved on.
Only my opinion btw, you invest the way you want.
I bet no deal goes down.
Yeah right, let’s just say there were new buyers coming in, CDEL (IGEX) has enough shares ready to sell that the sp won’t even make it past .0010.
Look at this weeks trading and you’ll have your answer to how many shares were dumped. They dumped about 200 Million shares on Monday alone.
After seeing CDEL take down every bid, I stopped watching L2.
Also, whoever thinks “Flippers” are responsible for the dip in share price this week either don’t understand trading or are knowingly blaming it on the wrong reason.
Seeing the how there’s a new CEO which makes literally zero sense at this stage of a supposed Merger, Imo no merger will occur.
Whoever wants to say I’m wrong, or I’m bashing (I’m not, I’m a shareholder like you) or whatever, idc, look at my previous posts. Everything I said would happen on this one has happened so far and we are more than likely to see this dip below .0005 then to run past .0015 again. Especially with how greedy this company is.
Wish it were that easy....but the truth of the matter is this won’t move an inch so long as the company keeps dumping shares.
Monday, they killed the movement with all the shares dumped, and since then shareholders have tried pushing it up and it hasn’t moved a single bit.
Only way this moves is if the company completes the merger, and even then, if the company decides to keep taking all the money off the table like they have been for the last ten days, it won’t mean a single thing.
Thx, I mean you’ll see for yourself, there will be half as many trades today than yesterday
That’s cause there’s barely any trades. I don’t think people have anymore money to give the company rn. They gave it all away yesterday.
Lol which MM is that???
More like dumping, which they dumped about 250M shares yesterday alone. After seeing that it’s safe to say there dumping is likely what killed the previous run up to .0030. They came, took down every huge bid and the worry is they’ve exhausted shareholder buying.
Maybe they’re banking on new and different shareholders buying “if” the merger is complete.
So true
Lol it’s unlikely the public is selling, its alllll CDEL. But no ones selling out of panic, that’s not what’s going on here.
Do you not see L2 and how they have taken down every block? How they are now on the ask with unlimited shares? They must have dumped over 250M shares this morning.
It’s company selling...you really think a single individual had 150M shares to dump using CDEL? Cmon now. This is the company or possibly someone who the company owed money to. Likely the company and now they are taking all of the 11s.
Lol why stop at .0013 when there’s about 30M at .0012 smh...
There goes CDEL, literally took down about 20M bid. This company really crippled today’s trading, any shareholder with L2 likely won’t be buying. Unreal.
Make it 100M after they just took down that bid. If no merger comes about, they will have run the perfect scam lol
Do u not see how the 250k really has over 20M sitting behind it? You don’t CDEL with unlimited shares? They’ve sold about 80M shares at .0013 today in the last hour. You don’t see that??
But now is a good time to buy
I have shares, I want this to go up, don’t take this as bashing, I’ve been here for close to a month now, but that’s the company dumping, IMO at least I think it is.
You don’t see CDEL there with unlimited shares? They literally took down every bid and each wall they’ve put up has about 30,000 M sitting behind there fake ask. It’s really almost ten times the number
Geez, wtf lol could the company dump anymore shares lol this has to be the company btw, not a private seller
Man, that GTSM has been taking down the bid right and left. Curious to see who or what’s behind there trades.
This is all a show to get people to sell, dump some shares then block the ask.
If I had more money in my trading account I’d be buying rn...as much as I could.
Wow, bought only 1m shares at .0007 and haven’t even looked at this till today. Very nice!