Because they are similar situation. Uplisting. It's relevant to see what other stocks similar are doing in my mind. Sorry if you consider it SPAM.

RLAB Kaboom!

Kaboom!

Sweet! Attorney letter just went up.

Did no one notice???? Tiny float and share structure here.

https://backend.otcmarkets.com/otcapi/company/financial-report/281679/content

RLAB just filed it's attorney letter for uplisting. Their share structure is beyond tiny. No volume over there, so who knows???

I own stock in that one from a long time ago just for full disclosure.

They are showing 5.5M float and 10M total. I'm not sure if that's up to date or not, but that's what otcmarkets is showing.

https://backend.otcmarkets.com/otcapi/company/financial-report/281679/content

RLAB just filed it's attorney letter also. Their share structure is beyond tiny. No volume over there. I own stock in that one from a long time ago just for full disclosure.

They are showing 5.5M float and 10M total. I'm not sure if that's up to date or not, but that's what otcmarkets is showing.

https://backend.otcmarkets.com/otcapi/company/financial-report/281679/content

What makes you think it's fake? It's just really thinly traded. I'm a real investor as I think most are here. This is an M&A play and as such it's gonna be huge risk/reward. Nothing to indicate that this is fake. What I see is a delayed LOI...happens all the time. Obviously someone had freed up shared and dumped some. It doesn't take much when it's so thinly traded. I was holding at .90's. Feel foolish for not selling, but if I had sold, it would have killed the price. So was it really foolish? Really time will tell. The lack of volume here is a good sign in my mind. We just have to hope no more huge blocks of shares free up before something is announced. This was sub penny in Dec. It's now at 10 cents. If you owned there, you'd be saying Wow!. It's up 1000%. If you bought at the .90's (like I did some), you're sitting on a 90% loss. Wow again but for the opposite reason. You never know with these pinks. I can tell you one thing for sure. It would be quite a scam to do to all the trouble to be upgraded to pink without something real happening. The reality is that an M&A are hard to close. And especially one that makes current shareholders happy and the merging company happy. Ultimately, share structure in the new company is going to be what matters. For me, that just means we sleep a while as most have taken their positions and awaiting some real news.

I was a buyer today too.

CBGH going crazy on tweet from company saying M&A is very much on the table and in process. Pink sheet current as well.

Brief Update: $CBGH M&A Plan with the Sharing-Economy APP company is in progress. For the best interests of shareholders in the long run, the managements of the two parties have been working on a proper structure of the Pubco together with the security attorney & CPA advisor...

— CBGH (@cbgholding) April 30, 2021

Nice!

CBGH just broke through dime resistance. Pink sheet current.

Slap

There we go!

Going in. Could use help!

You guys can decide what this means. I have no idea. But I put a 5k buy order in at .10 and they filled me almost immediately.

We need more buyers. Many eyes are watching but are gun shy after the last drop.

That's weird. I put in at .1058 and they filled me at .1018.

I'll do it.

Well that didn't do much. Took out the .939's but looks like there are still lots of shares out there. We may just have sellers that are being smarter about not smacking the bid.

I'm gonna dip a little. See what happens. Be nice if there would be more to follow.

Understood, but isn't that just an analytical tool? In other words, if someone had unrestricted cert shares they were introducing to the market, wouldn't that appear as a short to that site? I don't think that site is tied into what is actually happening behind the scenes. I'm assuming it's simply comparing number of trades at the bid vs ask. Maybe I'm wrong. Loved to be wrong on this one!

I think the only thing we care about are the official numbers that come out twice a month.

I think I found the info I was asking for. If I'm reading this chart correctly, I don't think we'll find out for another week and couple days.

https://www.finra.org/filing-reporting/regulatory-filing-systems/short-interest

Just seems like no matter how many are sold, there's a huge number of shares on the ask. Currently 139,000. I think 15th and last of each month we get short numbers. So I guess we'll wait and see. I'm not sure how long it takes to post though. Hopefully it's next day, but not really sure. Anyone know?

Of course they can't. But they can influence it. If you see a big dump, wait until it's over before releasing news is my point. At least that's what I'd do.

Endless supply of shares. On the flip side of this, if you are the company and know you got someone clearing out for some reason. No reason to give them any news to help them out of their position. Maybe wishful thinking on my part. There are a huge number of Unrestricted shares not in the float. So who knows what could motivate such a move.

What's so stupid is even if they are just dumping, they could get so much more if they would just lift their offer. Seems like they are in a hurry.

150k on the ask

I'd love to believe you, but if we don't know where the shares are coming from or how many are still to be dumped, how is the chart worth anything?

Agreed. Hope they didn't do a deal based on share price. That can cause this also.

Obviously someone has a ton of shares to unload. We just have to hope they are done soon. Could the company be raising funds??? No way to really know where they are coming from until the next filing. Just hoping this isn't a P&D. And please God, no death spirals. It seems a bit unusual to go through all the trouble of listing and it not being on the up and up. What's more likely is someone has shares pre-penny and just sees a big payday. We don't know. All speculation. Hence the risk/reward. Still hoping for the best.

Still, going current should have produced a better market reaction. What gives????

Is this some sort of secret code?

Agreed. Makes no sense. Seems like a single seller. Just need them out of the way.

They aren't done yet either.

Last was 50k dump. Ouch!

With that said, the market is acting weird. PCMC just went current last night and has a tiny share structure with only 3.6M float and 34.2 outstanding. They are looking at an M&A also and basically no market reaction at all today.

Who knows???? Do we really know anything in Pinkie land?

My bet is the float has increased and someone is unloading old shares. Hope I'm wrong. Just seems like too many shares. That or someone needs money to pay the taxes and doesn't realize the deadline was extended an extra month this year!

Where is everyone? What kind of reaction is this to going current? Thoughts?

Right on cue. Let's see how this goes. Small float and current. Nice!

PCMC just went current last night. Yield sign is gone. Small float at only 3.6M. https://www.otcmarkets.com/stock/PCMC/security