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8k been submitted he tweets
Did you assume 5:30 eastern time zone? Central time zone? Miountain time zone or Pacific?
lol..
Probably getting that final signature on the 8k is why it's late
Big Money Mike tweeted he shorted millions of shares of BGFT and not covering till it hits .0000
Let's ask Mikey...
lol...
I can't believe this is even being discussed..it's a .0007 stock...100 million shares is 70k..plus your $2.50/ share collateral in your margin account..even if it's only a buck.. how many peeps are rolling with $100 million margin account?
The meeting was just Friday...I'm sure if there's a possible deal on a merger the details have not been worked out yet..give it to the end of week and see what develops..
Been there...
I bought at a penny ..it sank some..bought some more..it would fall again.. rode it all the way down to .0001.. Started averaging down again st .0002..ended up with over 7 million shares at an .0011 average but I held on and it finally moved up..sold at .0014 for a profit..but held for over 6 months..not fun having $8k tied up and wondering if it's ever coming back..
My advice..wait it out,,average down some and hope for a pop to get out..
Good luck
Let's see or hear about how the meeting with the merger candidate went to see where the stock goes..
If the merger company is "real" it could possibly push the pps higher..on the other hand ...if fake or prolongs the deal..u know what happens..lose 8 hundreds of a penny..
To short penny stocks you have to have $2.50/ per each share you want to short as collateral..as homebrew stated..
That's why most don't or can't short penny stocks.. the cost to do it is unjustified..and u only make 100%,, as where going long could make you over 1000%...
It was a bid most of the day Friday..
$50k is 50k..whether they convert at .0008 or .01 doesn't matter to them..
It matters to shareholders..could be 500 million shares or 50million shares or at .01 only 5,000,000 shares
Here's 2 links for the BIGFOOT movie with Sam Elliot..
https://www.facebook.com/133997339967355/posts/1975152795851791/
https://m.imdb.com/title/tt7042862/?ref_=nm_flmg_prd_1
Could cause some buying if they're starting to show it finally..
Most definitely..let us know how it is..interested in hearing about it.. Thanks and enjoy the show..
Surprise..Surprise..looks like 9's..no dilution today silly prophet..
Let's see what's behind those 0008's..
583,339 on the ask ..I'm going to clear em
I, Zorax, Janice all proved to you months ago of this but you and pb73 wanted to turn a blind eye to it..kept pulling folks into it so you could profit..nothing changed since then..same CEO telling the same things..with Sara included ..
Now u wanna change your tune..little late trying to be white knight..
This is a trips penny stock..runs on momentum and pumpers..not fundamentals or charts..
Loses ground on dilution..
You know the game..
Bought 47k shares at .0620 ...see what happens in a week
G/L
Absolutely they do..pump and dump they call it..
Your right..$50k "new" debt..but it still closed up..
Surprisingly
See what tomorrow brings
Even with A/S being raised..Even with 8k showing $50k debt..Even with the lies and deceit ..
Biscardi was able to amend the form 4 filings to show shares bought..And the stock closed up for the day..
I for one am surprised..
Now come on TOM and just shock me with another 8k about a merger..
Gotta know what u own...
And yet the outstanding shares went up..
Many people..lol...
Remember I was here before all of you..
Your "many" is like Biscardi's "soon"
And I had 7...average 11...
I serious doubt he made 40k... but he is to blame for pumping Biscardi's lies..
My how the tide has turned for you..Almost like a light kicked on..
Merger coming with 3 million in revenues...
Amended ownership statement where insiders are buying shares..
Only 50k in debt..
Movies,,merchandise,,merger..
How much more can you ask for?
Buy,,buy,,BUY..
lol..
Last week it was roses and rainbows on this board..
Biscardi said 8k coming on convertible debt..and it came..to many read into it what they hoped would happen..can't do that here.. u got 2 options now..ride it out or get out..
I'm sure Biscardi got a few more tricks coming (merger,movies,merchandise) to pump up the pps..
But now u know..
Hero to zero in a week..
Looking over your post ..
Looks like you got out in 6's..
Must of reloaded huh?? I didn't dig much further...
But I doubt it goes to 2's .. got to many eyes on it now..wasn't like that before..
Tho with BISCARDI,,ANYTHING is possible
G/L
It's funny watching as that light finally kicks on and the posting and mood change..
As stated before..this game is Biscardi's..
we are just players in it..buy it,,play it,,sell it.. and try not to get caught with it..if so ride it out or get out..
But at least be honest about it..and what u know about the company..
This is actually good news..it's only 50k in convertible debt..
With 5 billion shares at his disposal,,could of been a lot worse..
I expected worse and I'm a basher of this CEO..Tom must be gaining a heart..or maybe there is a deal
He dumped way more than that yesterday..
8 k is no surprise to me at all..expected worse..
Dude..he drove it from pennies to hundreds of a penny..
Cash is cash.. unlimited shares to sell...
You know the game
Your reading into his tweets and putting your own spin on it...
You've been here long enough to know better..
Got to read the tweets and 8k's ,,word for word ..assume nothing..
Maybe after yesterday it may be gone.. we shall see
Oh I know you can settle for less..BUT Biscardi made a point to say paid off with the lower amount and settled for the other amount..play on words..you know how he is..
Well it didn't fill like that.. last quantity was 826011
I'm in for 1000911...
It's not... the last 8k stated a settlement with AUCTUS for $20,000..instead of the $26,000 owed
It NEVER said paid off..
In the 8k with Power Up financial it stated paid off..
They were only owed $5,000..
EMA financial is still owed $64,000 ..that's a lot of shares
But there's still 2 private notes for over $500,000 that could be convertible debt..unknown at this time..
Got to read the wording and tweets,,,word for word..can't read or assume anything else..
The REAL problem here is the dilution..no matter if they merged with Netflix Biscardi would be selling shares into any run and increasing Authorized shares..,..when the run stalls and price stabilizes..he keeps unloading shares.. IF that would quit ,,might could get somewhere..but in the past 9 months he hasn't quit..why stop now..??
Glad to see the light shining bright...
You've figured out Biscardi's games..play on words..in tweets and 8k's..
Yesterday WAS dilution..which in turn caused some selling as profits dissolved...
The stock trades under 50 million shares when there's no dilution..yesterday was 10x that..
The CEO misleads and lies..
Expect dilution to continue as he now has more shares to sell..
Your kinda right...Biscardi wants a revenue stream,,but not the way you think..he's gave up on anything remotely "honest" and found his stream right here selling shares..he's still learning the game but has gotten some legal advice on how to do it (imo). ..his tweets are legal and misleading along with the 8k's that are vague..but he knows how to raise authorized shares and sell shares..he's found his revenue stream..and making GREAT $$ with it..
Have seen 1.5 BILLION shares go thru..and after today it's even higher..
1/2 BILLION shares served today...kinda can't wait to see what Tuesday brings.. ALOT more shares to dilute with still...oh wait..that's BMM shorting...lol...
The writing was on the wall Friday...that increase in authorized shares was your sign..
Learn from it..
45 million on the ask players..take out those 8's...
This going to the moon..