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Now over 70 million users, good to hear, the last number I remember was 50 million.
They just submitted for a name change a few days ago, those actions don't support your lie smh
They didn't say anything about issuing two billion shares, they asked to have two billion authorized shares....and it's scary that there are a lot of people out there trading that don't understand the difference between authorized shares, outstanding shares and the float. Those authorized shares don't have to be immediately utilized though, they can be saved for future projects, acquisitions...etc, but I imagine there will be some shares issued to management. We don't have all of the details yet, but I don't see how we don't make money here if they bring in the revenues that many have discussed regardless of a RS, it would just be taking off from a different price level. That's my thoughts though and people need to make their own choices.
Restructuring the share structure is normal when a new company takes over and completely understandable that they would want the stock to be in a better position to be successful once they start making announcements, but you will continue your negative spin regardless because my response doesn't fit your agenda.
Their just asking for the authorized to be two billion after the RS(it's currently 4.6B), nothing said about issuing shares to anyone.
It is interesting and makes you wonder if someone forged the document
I wouldn't be surprised if this is back over .01 by Friday.
Just because a 1000/1 is mentioned that doesn't mean it will be what they actually go with, they may chose to reduce it to 100/1 or something.
JFH mostly sells their products in China, TEMU's focus is on selling products outside of China and the shipping and advertising is eating up their profits, they are different.
You wouldn't be wiped out, you would just have less shares at a higher price, your shares would hold the same value. It amazes me that people trade and don't understand the basics of the market.
There aren't any filings for dilution smh
The value of the company is still going to send this up from here regardless of an RS or not.
Yeah almost half of the float traded today...this was so heavily accumulated and the taking out the stops seemed intentional by the MM's to shake those shares.
I added more today too and will be adding more tomorrow.
Not sure why it matters...do you not still see value in buying the stock if there is an RS?
$IGPK -- 🔥🔥 ANNIVERSARY CELEBRATION SCHEDULE IS OUT FOR MARCH 28th🔥🔥 They are opening the celebration with the LISTING ANNOUNCEMENT!!!!!!! 🔥🔥🔥 pic.twitter.com/JMuAm2MZX7
— LongBullyStick (@LongBullyStick) March 19, 2024
$IGPK -- 🔥🔥 ANNIVERSARY CELEBRATION SCHEDULE IS OUT FOR MARCH 28th🔥🔥 They are opening the celebration with the LISTING ANNOUNCEMENT!!!!!!! 🔥🔥🔥 pic.twitter.com/JMuAm2MZX7
— LongBullyStick (@LongBullyStick) March 19, 2024
.0024 X .0025
Because there are a lot of people that obviously don't understand that and they really have no business trading if they can't comprehend that.
This selling just reminded me of how many idiots there are trading these days, learn to trade.
Who are the idiots selling down here?lol
I added more...thanks for the overreaction folks lol
A billion dollar merger is worth buying here imo
Regardless of what's going on it's still a good buy here, so I'm not sure why people are selling imo
Nothing ever shocks me on the OTC lol
His account was still there a couple minutes ago...
.
Maybe this person has a job that has access to filings before the public does, I guess we'll know soon.
So it is real? Sorry I'm on my phone and can't look it up right now.
That person should go to jail for stock manipulation
As much bashing and attacking this board has seen it really surprised me to see people fall for that.
MM's took out stops on that shake, that's how they took it down so much. I never use stops on the OTC, all people have to do is look at the accumulation line on the chart to see that the MM's probably need shares.
Can't believe people fell for that lol
People think it's a scam because the previous mgmt has a shady history. People get burned by OTC stocks all of the time and I'm not surprised if people are being cautious.
Chasing is never good, but the pumpers will love that you bought their shares lol
Amazon benefitted from Covid, the last couple of years have been up and down for them, especially with TEMU coming on. TEMU themselves have been losing millions trying to under price everyone. I recently read an article about India which is another large heavily populated country with several e-commerce companies, they are all losing money. Walmart has struggled with their e-commerce side of things. I'm sure if I researched more I would find much of the same with the rest of the world. The thing is there's a lot more competition out there than there used to be, it's now going to be about who can survive imo
Hopefully we will get some financials soon and get a better idea of what we own. I guess I've been trading OTC stocks for so long that I'm always on the cautious side of things.
I just know there are a lot of e-commerce companies out there now and even though their sales look good they are losing billions trying to keep their prices lower than their competition.
Giving shares as rebates? Wouldn't that be dilution if those are new shares issued?