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Damn typos!
Isn't indie in Washington - big jay you talked to them at 930 am when market opened .... 630 am in Washington. They are up early at the offices....
DCTH just split today ---- shares holders approved it on FEB 25 --- it took over 5 weeks to go through.... And that is a big board stock that ... FINRA has much more on their plates than VKML -
I am with you - I am holding at now an avg. of .08 - bottom line is I think that FINRA will not complete this reverse split before April 30
Well, if the split doesn't happen before 04/30 then we know that all these shares are being split - nobody seems to know here
Someone has A LOT of shares
Guys ... I think that this is splitting after 87.5 are deployed.... Just had a hedge manager read this pr
They hold the float at .03. They are going to run it back up
This has been shaken so hard and I think they have the float locked up. Again, someone had to buy all those shares yesterday and however did has this thing locked down.
I agree with you - look at short number from yesterday. It is very low. Someone bought a lot of shares yesterday.....
Still thinking that the 87.5 mil will be pre split - post split 2.5 mil float
6.5 mil shares shorted today. That is not what I expected
Last one for the night
Sleeping on this thought ... I think we will be surprised for those that are holding higher.
This will happen this month
Under the terms of the agreement, the Company shall issue a total of 87,500,000 shares of common stock in exchange for all of the outstanding member units and assets of Indie Growers Union LLC on or before April 30, 2014, as stated in the agreement. In addition, the Company has forwarded a total of $185,000 to Indie Growers Union LLC as a good faith payment.
Now there are 487,500,000 shares
Deadline stated APRIL 30
Then this happens because FINRA does not move quickly
The company has applied to FINRA for approval of the name change to Indie Growers Association Inc., together with a 1 for 200 reverse stock split. The name change and reverse stock split will be effective upon approval by FINRA.
500,000,000 makes 200:1
2,437,500 shares
I have all my shares - after my buy today my average is now .08
Haven't sold 1 share - which yes may be unfortunate but also may be fine
Some other 2.5 mil share floats
http://www.lowfloat.com/nasdaq/3
Authorized: 400,000,000
Issued and Outstanding: 231,947,181
Restricted: 148,510,500
400,000,000
+ 87,500,000 shares to acquire
-----------------------------
Let's make it easy and say
500,000,000 shares
R/S
500,000,000/200 = 2,500,000 shares ?
If that is in fact the case, this sell of was pointless -
Company shall issue a total of 87,500,000 shares of common stock in exchange for all of the outstanding member units and assets of Indie Growers Union LLC on or before April 30, 2014
I believe that these 87.5 mil shares will be issued PRE R/S by the way this reads .... Anyone... Thoughts?
ON OR BEFORE gives them a deadline - May 1 could be when the R/S takes place?
Where are the DD gods on this - let's get this processed
I am siding with kuwlness - they should have made this clear in todays PR -
Flaming news paper
People are building nice positions at these levels. I was able to get 15k on the ask
DD on this board is crazy
Holy low float... What's the word herd
Any longs care to give a little update? Thx!
I would hate to miss a after hour PR here
Straight buying for 15 mins and these Mm will not move - weird
Morning shakeeeee
I know i cant find it anywhere now.... I cant wait for this to go down
DD SQUAD HERE!!
Pipe dreamin - nationwide business -
http://www.denverpost.com/ci_25475515/poll-nationwide-marijuana-legalization-inevitable
Amen to that!! Congrats to that core group.
What just happend? That was weird. Someone lobbying for cheapies
If we close HOD Gap runner tomorrow
I like the bid
Shake before power hour. Hold tight
If it's these guys $
Can't believe it man - bones was in at bottom with a few mil
Mag - happy to see you get this man you have been here for a while. Make sure you lock in some $$$ kid !!
Againnnnn nobody wants to let gooo