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Exactly my thought! Congrats to fellow longs, the fun is just starting.
Think this is the last of the second tranche finishing up. That should clear the skies for the news release. They like afternoon releases for some reason, so now is the best time to load if youre playing the pop.
No problem! Just want everyone to be informed of the facts. The more informed everyone is, the more money we ALL make.
Go $ABCE!
The company said a RS is absolute last option to get uplisted to OTCQB this year. Company is confident the the next three releases will do enough to make RS unnecessary.
Someone may be regretting dumping out last week :)
Smart money there. Hoping we dont see a ton of downward pressure and kill any movement. Either way, a 100M day and we wont ever be talking about notes again!
Haha i know, just a little overzealous is all. Never hurts to pry for more info :)
You just made me go from six to midnight. Any word on what update will entail? Just a SS update or could it be the long awaited sales?
Agreed. Thinking lack of promotion mixed with recent (April/May) note conversion caused us to be so undervalued. Cant have a correctiom without new eyes.
L2 looks terrible right now. Really need some new eyes/news or its going to be another red week.
15s about to be up again
I trust company will deliver soon. If i sold, itd with the intention to buy back lower. Just curious to see how far it will get pushed down short term.
I believe that its slightly higher than that now. Probably closer to the 45-50M range IMO.
You're probably right, GLTY wherever the money leads.
If youre right, they wont be the last to go. Im about to put up some sell orders and wait. Missing out on a lot of runs by having so much capital tied up here.
I agree company wants note to be idle, but theres no requirement for noteholder to do so. They make the most money converting at lowest price possible. The discount means even them dumping into bid everyday will see them making at least 35-40% minimum. Its been 25+M dumped like this the last two weeks or so, i have a difficult time believing that some retail has 15+M shares that they dont mind taking a haircut on.
I dont get it either. Its every damn day now the same thing. Who the hell is dumping all these shares? Im starting to doubt note is sitting idle.
Think it closed at 17/18. Happy 4th of july all!
Yeah, doesn't make much sense to be dumping at these prices. They will be regretting it soon enough.
I'm frustrated as well, but we need to have patience. The news is coming. Would have been idiotic to drop something yesterday/today. Let the weak hands shake out before we get the news.
How is someone still dumping? must be a long here bombing out, no one else should have this many shares.
Yeah, wondering where they keep coming from?
Same. That would be borderline highway robbery that low.
Glad I snagged a few more today. The countdown has begun.
Great DD all around, thanks to all those that provided updates! The few concerns I had have been eased and I am back to bidding teens. No more slaps from me though until we get news!
Go $ABCE!
A RS will put it close to no bid??? Can you explain that logic?
Thank you StockTrekker, we look forward to your summary!
Once again, that does not indicate theres a need for nor impending one now. Insuniating that one is impending is just false. The company is doing well, regardless of what pps is doing. That can be frustrating to us investors, ive shown mine at times, but there will be a correction soon.
Okay, that is not evidence that a RS is being considered. Most otc tickers have been through one at some point.
So i will kindly ask again, can you please provide concrete evidence to support your claim that a RS is on the way? Dont worry, I will wait.
Once again, please provide information that supports your claim. Nothing thats been released in the last year and a half even remotely indicate that as a possibility. If youre basing this on the fact that he comoany RS years ago, you need to do some studyin'
Have you contacted IR/CEO regarding your concerns of RS? Now is the time to ask while they are available
I agree with you that the note itself isnt a huge concern. My only concern is how its going to be handled by L2C. I dont expect this to happen, but a repeat of the may dumpathon with that many shares would really hurt short term. Hence my uncertainty in comments the last few days. Dont mean to sound so negative recently, I expect us to reach copper at some point in the next 8 months.
Thank you ma snart. That doesn't sound like the note has been converting then. Which isn't a good sign given the last few weeks.
Anyone get a chance to speak with IR yet today? I wont be able to until later this evening.
Lode is a scam, pure and simple. I got burned on it as well, dont hold the bag too long. Its not going to recover.
Gotcha, wasn't trying to sound confrontational, just curious! GLTY!
The burden of proof is on the individual that is making the claim. Im not obligated to try to disprove someones unfounded claim. I can assure you that nothing in the last year has even hinted at a RS. As was pointed out in another post, why RS with such a small OS?
From the sentiment of the board, im starting to doubt my assessment that its not retail just bombing out.
There hasn't even been a hint of a R/S being considered, let alone one being needed. Those are likely false rumors IMO.
If we get below 15, bid support will fill in. A few people I follow have been waiting to get in below 15 and will likely load up. Having said that, I know they have concerns about the note and current seller as well. So without more info from IR this week, it very well could fall to trips.
My opinion on that will be the same as what I have been saying recently. Someone with a vested interest is doing there best to drive SP down as low as possible. Not watching L2 though, so you may have a better idea that I do of whats going on today. Any thoughts?
Yup, hoping for the same. Post any response you get and I will do the same. Really trying to fight off the disappointment right now. Need some good info from IR or I may have to reevaluate this position.