is...(put something here)Bullish
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no relationship.
Yeah, when I did my dd and saw the sweet suite that Albie had put together I called it a no brainer. Since I spent my whole career in software I knew this was a WINNER !!!
DITTO Josh !!!
Yes Scottie. This appears to be the real deal and so needed by schools, hospitals and municipalities. Why would these high powered execs on our BOD get involved in a SCAM as some people have called it?
87 LC2, Half of your dividend shares will be restricted for 6 months and the other half for 1 year, but that's only on post R/S dividend shares. All shares owned on 10/9 are subject to the 1 for 4000 R/S and resulting shares are unrestricted and tradeable once your brokerage firm gets around to processing the R/S.
So JoshMart it looks like Albie is confirming a 9.2 stock dividend which puts a big huge SMILE on my face. I'll take it, LOL !!! GLTA
To all shareholders. Since we're seeing wide swings here be careful of flippers. They'll come in and bump the pps up and up and then they all unload at once to trigger stop loss orders which makes it even worse. Just saying.
nudie, 7/22/2020 is the date-of-record for dividend shares. If you bought on or before that date you get dividend shares. If you bought after that date, no dividend shares. It's that simple.
Ya, this is great but try to sell 10,000 shares. Little tiny buys to push PPS up.
Less22, I'm on Schwab and there 4 trades. 2 at $1.20 and 2 at $1.40.
pxxpy7, yours is pretty simple. Divide your number of shares by 4000. That's the number of unrestricted shares you own. Now multiply that number by 9.2 which we think is the stock dividend amount per share. Half of those dividend shares are restricted for 6 months and the other half are restricted for a year. Hope that helps.
May get a little bump up today based on the two power guys on our BOD named in the 8k. Albie has done a nice job of putting this altogether. I'm sure long hours and hard work. Thank you. GO MAPTELLIGENT, INC.
Good, if all 800,000 were bought before 7/23 and if the stock dividend is 9.2 for every post R/S share you'll have 1,840 shares of restricted stock. Half restricted for 6 months and half for a year. You'll also have 200 shares of post R/S that have no restriction.
Tipsy, no, your brokerage firm has not done the 1 for 4000 R/S yet. Give it time and reality will set in, LOL. Hope you bought some before 7/23.
Wrong again. You can't say prior to 7/22 because if you bought shares on 7/22 they are included in the divvy. So it's prior to 7/23 to be accurate.
GLTA
Sounds like cooking the books to me, JMHO.
Thanks FC. Ya, that looks good to me. Hopefully the 9.2 stock dividend or better holds. My 3 mil are split about even pre and post. GLTA
Do we know what the new symbol will be ? TIA
Stranger things have happened, LOL.
Nevada, it looks like you'll have 669 restricted shares and 73 non restricted. JMO.
Is the 10 to 1 R/S still in play ?
I hear you. Tough to figure this one out. Good news causes dips. Looking for bad news HE HE HE.
Ya, Triumphrider, I made $360 yesterday. Sold at .038 and set a buy order for 10,000 at .028 last night never thinking it would dip to .0241 today, LOL. May buy more tomorrow am at .02, GLTY.
Ya, Triumphrider, I made $360 yesterday. Sold at .038 and set a buy order for 10,000 at .028 last night never thinking it would dip to .0241 today, LOL. May buy more tomorrow am at .02, GLTY.
In case you don't know here are the MM signals.
http://www.pennystockdream.com/Market-Maker-Signals
MM's playing games around 0.036 - 0.037. Already made some bucks 0.035 to 0.401.
Ya, bought a load on Fri at .025, sold all today at .055. Couldn't resist doubling my money.
Reread the 10 to 1 R/S which says that it will occur just prior to the 4000 to 1 R/S which changes your numbers big time. looks like 2,375. This is so confusing but it looks like shares before 7/23 gets many more shares when all is said and done.
Here's my calculation correction, sorry.
1,000,000 shares as of 7/22 divided by 4000 = 250
250 times 9.2 (stock dividend) = 2,300
3,000,000 divided by 4000 = 750
3,000,000 divided by 10 = 300,000
total
2,300
750
300,000
____________
303,050
cubzgrl, that's 233,030 shares of Maptelliget.com
cubzgrl, not positive my calculations are correct but I come up with 233030
based on what I have read, JMHO.
unceunceunce, shares owned on 7/22 divided by 4000 times 9.2 or better = stock dividend, 50% restricted 6 months and 50% restricted for a year.
uptick1000, it's my opinion that the July 22nd date is ONLY used to determine if you are eligible for the stock dividend of 9.2 for every share owned prior to July 23rd, JMHO
Yes reppoC, very confusing. The 10 to 1 R/S is not clear at all. I've given up trying to figure that part out and will just wait to see what happens.
So reppoC, where does this come into play in your example ???
“Immediately following the effectiveness of the Reverse Stock Split, each ten shares of Common Stock owned by a stockholder immediately prior to the Reverse Stock Split will automatically convert into one share of Common Stock after the Reverse Stock Split".
Somewhere it was mentioned that a 10 to 1 R/S would happen after the 4000 to 1 R/S. Does anyone know where the 10 to 1 R/S WENT ???
Arrows, read this pr to the very end.
https://ceo.ca/@nasdaq/notice-of-annual-shareholder-meeting
FC,I believe it's on or before the 22nd. I bought some on the 22nd and I think those are eligible for the stock dividend.
Cubzgrl, all your shares are subject to the 4000 to 1 R/S. Only shares bought on or before July 22nd are subject to the 9.2 stock dividend.