Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well, yes, but it was being screwed by its original owner - Jeff Canouse et al. and all the toxic debt the company still has.
Probably from people that bought 1's looking to make a quick buck. Not me though, it has to go way up before I can sell.
Total Shi*show. no matter whom runs it. Maybe we get a year-end-run good enough to get my money back (that's my Christmas wish).
I would need to be over $0.01 to thank him. It is extremely rare, but I have seen an OTC with over 4B OS hit $0.013, so it is possible. Look back at what happened on December 28th 2020 and February 8th and 15th 2021 for almost every OTC stock- pick one and look at the price graph.
I bought 22M shares at $0.0001 today. It is my attempt to average down to a reasonable level for a (SLIM) chance of getting my money back.
That ask size at 2 is piling up fast.
When pigs fly, and Hell freezes over. JK, at some point it will happen, especially if the new guy puts out a PR.
Some movement today! Big pile of 2's on the ask to get through though.
Need some news here... Any day now new guys.
Yes, Hicks seems to be a big debt holder. Maybe the new guy has a plan to get him off the books?
Hicks (approx)-
C - It looks like he had 284,040 shares originally, but has since retired them all by converting them.
D - 6 now (I think), had MANY shares more, but keeps retiring them by conversion.
Common (restricted) - 284,040 + 2,000,000 + 2,400,000 + 1,999,950 + 1,300,000 + 3,225,000 + 3,550,000 + 4,662,500 + 4,250,000 + 5,583,333 + 4,662,500 + 6,562,500 + 7,925,000 + 11,075,000 , and more, but too many to keep track of issuance and conversion.
It would be great if there were some outside big investor. Jeff Canouse is not an investor, it was his company in the past, and he is a note-holder (Series C preferred), and he holds common stock (restricted) also. His brother Joseph Canouse is also a note-holder, and has series C preferred and restricted common stock as well. And yet another Canouse brother - James, also holds series C preferred and common (restricted) stock.
Canouse(s) are all over this one, and buying them out would be very expensive.
Stephen M Hicks is another major note-holder, with both series C and series D preferred and common (restricted) stock.
Need a PR from him now with some forward looking statements.
I think they are waiting for the bid size at 2 to get big enough, and then.... Dumparoo.
OTCN moved down to 2 now. Get ready for no bid again. Geez. New dipshit needs to put out a PR to over-power the dilution.
Frustrating indeed.
OS increased to 1,789,572,349 11/18/2024
Restricted 359,757,921 11/18/2024
Unrestricted 1,429,814,428 11/18/2024
And....Dumparoo.
They moved to 4 briefly, but then back down to 3.
Now that they moved to 3, they can dump at 2.
Only if we can get enough newbies to overcome the dump rate, or if they lay off the dilution.
No, it wasn't, retail doesn't dump $5K in shares without a good reason, and OTCN has been sitting at the 3 ask all week ready to dump, and sitting at 1 on the bid all week, so they have no problem dumping at 2.
No, it doesn't, they dumped over 50M shares at the bid price at the end of day Friday, and burned through all the 2s. We are at 1 on the bid again.
I bought in far before the reverse split, so I am WAY in the hole and would like to get my money back. I am contemplating putting in buy a order at 0.0001 (which I may be able to get considering it was no bid recently), and then I at least have a chance to average down to 0.0020 or so ( if I can get $6K of shares at that price), at which point I (could) get my money back at breakeven.
Well said. Let us see how he responds.
Good luck getting rid of the Canouse brothers. They are the main debt-holders as shown in the quarterly filing. The cost of buying them out far exceeds the value of this ticker.
They moved back down to 3 for the moment, but still, 3s are pretty thin.
OTCN moved up to 4, so we should get through the 3s pretty quick today.
That would be sweet, and looks like they are trying to get current, with the attorney letter.
I think that was from OTCN sitting on the ask at 3 all day. At some point they should move up to 4.
Yeah, that piled up fast today. Awesome!
Need some news to get this thing moving!
Why is the number being reported to OTC markets so different than the attorney letter?
https://www.otcmarkets.com/stock/THBD/security
Yep. OTCN is still sitting on the ask, so anyone that buys at the ask price is buying directly from the company. And they have endless shares to sell.
OS increased to 1,569,577,635 11/08/2024
Restricted 359,757,921 11/08/2024
Unrestricted 1,209,819,714 11/08/2024
Was-
OS 1,428,311,635 11/7/2024
Restricted 359,757,921 11/7/2024
Unrestricted 1,068,553,714 11/7/2024
She's movin' today!
That would be sweet. Need some news from the new guy in a PR to get this moving.
Nice. Need a freakin PR now.
Is this garbage still trading?
Wow, 2 shares traded today. ☠️
Subscribe to Ad free and enjoy an ad-free experience
Try Now
Keep the Ads