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If they announce that, that would be huge and this will probably keep running into the dollars, if they don’t announce that and clarify it, then they will keep diluting and it’s a trade.
Make the trade don’t get caught.
Whats unbelievable is that it was 14 billion in the first place! And that’s after they reduced from 17 billion. 4 billion looks better on paper but they sold 3 billion shares before the last reverse split in June. Now they have sold nearly 350 million since then. The share structure has been all over the place.
I haven’t dug in that deep, I was just researching share structure. I looked at this at the .03-.04 range and saw the 14 billion authorized with a small outstanding share in OTC Markets. They have updated since then, but seeing the hundreds of
Millions of shares being traded didn’t add up with the share structure profile I was seeing, so I stayed away. Those who jumped in are killing it of course.
I may come in and trade it with the next pull back since they are clearly diluting as it runs. It’s good for a trade, at least at the moment until they stop diluting. Then we can start looking at investment potential vs trading potential.
Yeah it will, how high before they tank it with more dilution is the question.
From 6 million shares they diluted to 350 million in 6 months...reminds of the Greek shipping stocks that reverse split, run, dilute, reverse split again.
This will tank again, I’m sure it will run before it tanks but this looks like a dilution scheme so far. Money to be made if played right for sure, this has had and could still have some huge runs, but it will suck to be caught I bet!
When he fails again those who believed him will make excuses again.
That’s cute another tweeted timeline to play with the PPS. He hasn’t followed through on the tweeted timelines from three months ago! Claiming he was ready to announce an exchange for his coins and advisors back then, only to find out he doesn’t have the money to even pay the TA!
How about the timelines that all failed and still haven’t followed though over the last 5 years!
But yeah I’m sure this time it’s different, he really means it this time! Lol.
Several reverse splits over the years with the last one in June for 1/500, now over 350 million shares outstanding after that? Authorized shares of 14 billion!
I see they are saying that will change, but 4 billion is still high considering they just did a 1 for 500 reverse split 6 months ago.
Am I reading these numbers wrong?
Stop sign and flippers is the only consistent thing here lol!
Not true, some of us just hate a charlatan scam.
It’s a good start!
Doubt it, just like the claim that we would ever get news....I remember.
I know one who claims to hold 15 million sub penny shares that he flips.
Yeah I lost patience with ALPP back in June, sold for a loss at .06!
It’s crazy that a dark ticker without any filings for 4 years can get that sort of volume and trading liquidity. Well not crazy, it is the OTC that’s what happens...
If PMPG ever gets that sort of attention and trading volume and liquidity I’m sure we will be in for some surprises!
Looks like that seller has been bought out hopefully.
There is more to it than that, this stock ran on rumors of a reverse merger coming through when it was sub penny, those rumors were validated by the new management team who said that filings to regaining pink current would be filed soon. Accordingly the stock went from days of zero volume to a big surge in volume and rise in PPS.
The company came through with filings and with each filing the PPS rose as the stock regained Pink Current status. Then it’s been quiet. Traders flooded in on the rumors, sold the news, some waited to hear from the company which has remained quiet and probably sold to chase or play the next one. Simple profit taking imo for traders.
This stock was several a hundred percent gainer for traders who bought the rumors sold the news. It’s still holding a good gain from those days.
The Pope selling angle is just a theory looking for a reason for those relatively large blocks on the ask. No proof, just searching for dots to connect. There are even longs here who have flipped shares over the years.
In the big picture none of that really matters, what matters is what’s coming into the shell and how the new management is going to run it. No one has that full answer yet, in the meantime traders come in and out everyone looking for the next big thing. Personally I think patience here will pay off tremendously (then again I have said that with every failed merger here so my track record sucks!).
This time I think it’s different lol! Really though I think it is and in fact I even bought more shares between .18 and .3.
The company has created a new website that didn’t exist until the new management team was introduced. It’s their shell now and their company in that shell. The website is full of great info, we just need more validation and guidance. That will come imo, thought we would have it by now, but it’s their company and their timelines.
Good to see, crazy watching these others tickers with billions of shares outstanding making huge runs. What we have seems much better here, just no one knows about it!
120 million shares float with a reverse merger partner that is already generating revenue! With the caliber of those named in the executive profile. How are we still only my trading a few million shares a day?? It’s up to those bigger hands to make the move here....I’ll keep waiting, even bought 430K more today.
He is long gone, should have never brought him up lol! He was interim CEO here and actually accomplished what he was put in the position to do. Brought the filings up to date and handed the shell off to new owners who eventually had their plan fall apart.
He is CEO over at another company that has completely failed at all timelines and catalysts he has promised over there.
Much better hands now, we just need them to get us some updates and guidance.
I just picked up 430K more at 18, thanks Pope.
Pope is irrelevant here, long gone, history. He can play the games with his investors elsewhere. He is just a shareholder here for the work he did as interim CEO, where he actually did accomplish brining PMPG current twice, and attempted to merge it three times. For that he was awarded 6 million shares. I know we have shareholders here who have more than that.
My observation was a bored look at the trading and the selling we have seen here on such little volume and how that affects the PPS, how thin we trade. Just observations as we wait for something from the new management team. Wether he sells, has sold, or is holding will have little impact on the long term.
There is nothing tangible. It’s a game of
hot potato trades.
The ones who were clearly right about the inability for Pope to release a coin back in October? Who were correct that the money and regulatory aspect was way beyond Popes ability? That a funding source wasn’t going to happen?
Big deal, now you have a teeet with another business plan that Pope concocted. Just like all the other tweets that caused a pump in pps only to fail when reality sets in.
Good luck.
I would almost prefer that PR over the Smartroads angle but I bet we get both!
Bison intl coming in with THEIR smartroads business plan they have been working on?!
From the 3/22/2019 8K:
“Clifford Pope sold all of his 51 shares of the Company’s Preferred Stock, effective March 22, 2019, and now owns 0% of the Company’s Preferred Stock. Mr. Pope retains his ownership in 6,000,000 shares of the Company’s Common Stock, which represents approximately 2% of the Company’s issued and outstanding shares of Common Stock.”
Not to long after that we saw some selling in the sub Penny range...was it Pope? Who knows, I’m guessing he sold half, just a guess.
You don’t see Clifford name and address on the old filings? His compensation for the attempt to sell the shell to the Asian group? It’s all there if you look. He got 6million shares, he needs money to pay the TA of his ticker he owns so he can start selling corporate shares and “raising funds” imo.
He said he is freeing up “assets” just reading between the lines and connecting dots...not a big deal here in the long run. Just maybe an explanation for some of the selling and larger asks.
They will when it tanks back down like it always does after a tweet or this time when Pope starts dumping “to free up assets”.
Previous CEO just tweeted about freeing up “assets” to raise money for his other ticker. He was granted 6 million shares for his time here. Maybe that’s what we are seeing? That’s the shares being sold?
I think he sold half of them already last year.
Looks like freeing up the assets (Popes shares to dilute) will be available for the dump once he is current with the TA. Then it’s a reverse split repeat of the weed scam used crypto as the charlatan vehicle once all those shares get dumped.
Dilution? This volume is too low for that. This isn’t dilution, it’s traders and MM getting into position. This stock trades so thin that any dilution would tank this back to sub penny.
Nice catch
So much going on all over the OTC, someone took their money elsewhere on a day with no volume here. No big deal, happens all the time with this ticker when volume dies down and people get anxious watching other plays.
Went there based on the BS hype of a tweet from Pope. Once again it came to nothing, another failed update, another failed timeline. It’s what happens here every time. Nothing changes on this charlatan vehicle.
Hopefully they start talking, been too quiet since becoming current, I know they didn’t do that just to clam up and sit on the shell.
Hopefully we get some guidance and updates soon, with that, assuming it’s the guidance we hope and expect, I could see is passing through .08 finally seeing silver after all this time!
Maybe they gave Pope a chance to make the updates that were being touted and then laughed at how right they were once who again by Friday as it tanked with no real update that was being promised. Just a re-dated timeline.
Haha, I’ve heard that for years, if it isn’t in the low trips in a month due to some hyped up charlatan run, it will be soon after. Happens every single time.
Which is the same hopes that investors have had every time Pope promises to bring the company current, every time Pope changes the business plan, every time there is a rumor of a tweet!
Until there is actual evidence (filings, 8K’s, etc) this is still a vehicle for charlatans.
Yes it is forward looking, and IF (a very BIG IF) actual filings that have been promised actually do show up then the market will react. In the meantime the market looks back at precedent and that’s why the pps tanks after every charlatan hyped promises that never come to fruition.
Will it be as good as the update when Pope promised to name the exchange? The one he kept saying was coming, then realized how expensive it was and how much the regulatory nature of listing on an exchange was way beyond his capabilities? Way beyond the financial capabilities of this blown out boated shell?
It’s so bad he went back to asking shareholders for donations again! What’s the point of being a publicly traded company if you continually have to ask shareholders for donations instead of attracting accredited investors??