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Oil/gas stocks might be in play this week.
Perfect time for a good news release.
This could run to $0.50 or higher.
Float is ridiculously low.
Yum. Yum.
Let’s go. Oil/gas stocks are smoking today.
Let’s break $0.20 and move to $0.30.
Huge potential here.
Consolidation over.
Can’t argue with low float with huge merger.
Some more news and the stock explodes to $1.
Will patiently wait and buy dips.
Continuation today to $0.30 or…..
Low volume nothing?
$94 million revenue Company taken over by company with 1.7 million float?
Might get interesting here.
Low float OTC stocks can be bipolar.
Good luck here.
Can’t find much info on this company including confirming $94 million revenues.
Sounds good.
Too bad OTC market sucks.
1.7 million float?
That is why I didn’t chase at $0.06 or higher.
I thought it would drop back to $0.04’s.
Low ball bid at $0.02 is most I would spend here.
Just my opinion.
Good luck.
Was this LOI with Entrex finalized?
From RGLG latest filings… The Company entered into an acquisition agreement with Entrex Carbon Market, LLC (“Entrex”) in August of 2022. Entrex operates as a wholly owned subsidiary of the Company.
From Entrex filing in January 2023:
Entrex has a Letter of Intent for a merger
with a current OTC company which it anticipates
executing in January 2023. The terms of the
merger provide Entrex Carbon Market
Shareholders 95% of the finalized outstanding
shares of the entity. Operations shall
commence in January within the PubCo, upon
announcement of the merger, and are expected
to be fully merged through the first quarter
of 2023.
From the latest filings.
As of February 28, 2023 and 2022, 208,816,666 shares were issued and outstanding.
Float around 20 million per OTC website.
This article does not paint a pretty picture.
I actually think this stock could run to $2.50 or higher.
But I would have a very itchy trigger finger on selling because it could drop as fast as it rises.
JMO.
https://www.calcalistech.com/ctechnews/article/edjal1p7g
This article does not paint a pretty picture.
I actually think this stock could run to $2.50 or higher.
But I would have a very itchy trigger finger on selling because it could drop as fast as it rises.
JMO.
https://www.calcalistech.com/ctechnews/article/edjal1p7g
Hi LC. FWAV sucks and I am so happy to see it at $0.03.
Can’t wait for it to drop below BABL.
I hope Charlie and his cronies lose everything here.
LMAO.
Good day chap.
Let’s see how this plays out on March 20th.
Should be interesting as lithium stocks should continue to be hot.
JMO.
Closed under $0.04. Looks weak.
Hey Bob… when is the next RS?
I guess those golf carts aren’t selling so great.
Dilution, debt, and high costs will limit any movement here.
JMO.
Just checking in on your scam stock.
Back to $0.04’s. Ouch.
Typical Bob BS scam.
Buyer beware.
Looking for another reverse split. It’s coming.
You do realize what the following sentence means?
“ Nordic direct investments in the U.S. totaled 148.7 bn. in 2021”
If you don’t then let me help you out. They are stating that nordic countries (I.e. Denmark, Finland, Island) have over $100 billion in investments in the US.
It doesn’t mean that Nordicus Partners had this much invested in the US.
We know absolutely nothing about Nordicus Partners or this merger.
Company clarified this in February.
Las Vegas, NV., Feb. 15, 2023 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce it is strengthening our management team and is addressing shareholder inquiries regarding corporate business relationships.
The management of China Dongsheng International Inc, would like to report the company has no financial ties to either Chinese financial institutions or Chinese nationals. The company is a U.S based Delaware Corporation and has recently applied for a name change to Titan Lithium Inc which should assist in relieving confusion regarding the proprietorship and direction of business.
Reverse split was known from last November.
They should have released fins first then announce RS afterward.
Quit idiotic IMO.
Expect financing announcement right after the split.
Freight Technologies, Inc., receives notification from NASDAQ
2022-11-02 11:00 ET - News Release
HOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process and providing its Fr8App platform for B2B cross-border shipping in the NAFTA region, announced that it received written notification on October 26, 2022, from The Nasdaq Stock Market LLC that it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2).
The closing bid price for the Company's ordinary shares had fallen below $1.00 per share for 30 consecutive business days and accordingly, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). However the Nasdaq Listing Rules also provide the Company a compliance period of 180 calendar days (i.e. by April 24, 2023) in which to regain compliance. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to April 24, 2023 (i.e. April 10, 2023).
If at any time during this 180 day period, the closing bid price of the Company's ordinary shares is at least $1.00 for a minimum of ten consecutive business days, the Company will be provided with written confirmation of compliance and the matter will be closed.
In the event the Company does not regain compliance, it may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, the Nasdaq will inform that Company that it has been granted an additional 180 calendar days. However if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, its ordinary shares will be subject to delisting.
The Company is considering actions that it may take in response to this notification in order to regain compliance with the continued listing requirements, but no decisions about a response have been made at this time.
CEO horrible with his guidance. Poor management IMO.
May 2022. Stated guidance for 2022 would be $40 million.
Nov 2022. Lowered guidance to $30 million.
Jan 2023. Lowered 2022 guidance AGAIN to $26-27 million.
Final guidance was $25.9 million. I consider this a huge red flag.
4th quarter results were $4.4 million (down from 4th quarter 2022).
Now a reverse split. Look for more dilution post split.
Awful company IMO.
Writing was on the wall regarding RS.
First they keep lowering their guidance for 2022 revenues. NOT GOOD.
I do not expect good earnings when they report.
Secondly, they had until end of April to get stock price up to stay on Nasdaq.
Stock had lots of selling pressure. MM knew the score.
Everyone knew but shareholders.
Typical penny stock BS.
JMO.
Most if not all running OTC plays turn out to be a scam.
Make your money and quickly sell before the bottom drops.
I guess it’s all a timing game.
Ain’t for the weak hearted.
JMO.
No one here cares about stupid golf carts.
That is why this stock is stuck in Pennies.
This stock will never be able to complete with the big boys.
That was the understatement of the year.
Lol.
Just another scam OTC stock.
Ouch.
Huge pump and dump scam.
Today’s drop was brutal but I expect another 50% drop after RS and cheap financing.
This is why I stay away from all OTC plays.
They are by definition… scams.
Drip
Drip
Drop
Drop
Plunge
Something ain’t right here if insiders really own 82% shares.
With that news stock should be at $3.
What’s the deal?
Another reason why I hate OTC plays and stay away from them.
If this were on Nasdaq it would have flown.
Must hold $0.90 otherwise expect a drop to $0.75 then bottom at $0.60.
Continued selling here not a good sign.
Trading looks awful so I am staying away for now.
Explain the huge selling with only 9 million shares and controlling group owns 82% shares. MMs shorting? Dilution? Naked shorts? Who really knows anymore.
With that news, stock should have ran a lot harder.
Good luck.
Not if they continue with selling and dilution.
Sorry but the stock is done.
Appears to be another pump and dump OTC stock.
Here is a copy from their last financials January 9, 2023:
Name of Officer/Director or Control Person
Affiliation with Company (e.g. Officer/Director/ Owner of more than 5%)
Residential Address (City / State Only)
Number of shares owned
Share type/class
Ownership Percentage of Class Outstanding
Note
Control Persons
Estate of H.F. Lenfest
Owner of more than 5%
West Conshohocken, PA
2,216,939
12,127 (currently convertible to 6,124,567 shares of Common Stock)
8,341,506
Common Stock
Preferred Stock, Series E
Total shares of Common Stock on a convertible basis
23.5% owner of Common Stock
100% owner of Preferred Stock, Series E
54% owner on a convertible basis (Beneficial ownership calc.)
Peter H. Kamin and related family entities
Owner of more than 5%
Palm Beach Gardens, FL
1,107,000
Common Stock
11.7% owner of Common Stock (Beneficial ownership calc.)
7.1% owner on a convertible basis
T. Todd Martin, III
Owner of more than 5%
Mobile, AL
1,036,000
Common Stock
11.0% owner of Common Stock (Beneficial ownership calc.)
6.7% owner on a convertible basis
Estate of Pete L. Stephens
Owner of more than 5%
Bluffton, SC
590,475
Common Stock
Controlling people own 82% of the shares of this company according last financials.
Is this correct or am I missing something here?
Thanks in advance.
If this gets some following it might be a low float runner.
Sometimes it takes a few days for the news to get digested.
I bought some for fun.
Curious to see where it goes.
Huge and continued dilution for this golf cart company.
Back to sub penny and likely another split.
No way this junk stock ever recovers.
When will people learn that Bob is a scammer and liar? JMO.
Remember when Canadians couldn’t buy this stock due to Bob’s lies and that CTO.
How Bob gets a nice salary for running this company is criminal.
Buyer beware.
Nice and surprising close.
Stock showed strength at the open and never really faltered.
Even showed some volume and buying after market closed.
Interesting to see what Monday and next week hold.
Conference next week.
Good luck and have a great weekend.
You see that Bright Green actually went public?
I would never ever trust the Stockwells.
News today making that stock in play.
What could have been for GNCC.
Stock trades horrible.
Don’t know if it’s MMs dumping shares or what.
Likely financing.
Either way it doesn’t look good right now moving into next week conference.
I just don’t see it being a runner.
Time to move on.
Good luck.
More golf cart news that NOBODY cares about.
Bob, What about those SEVs that you are supposed to sell?
What about the homologation of your SEVs?
This crap company will never ever sell a SEV. Just boring golf carts.
LMFAO.
HAHAHAHAHAHAHA.
Can't believe that some here thought this was going back to $0.50 or even $1.
OMG.
Cannot stop laughing.
Finally broke $2.50.
On its way to $3????
Conference next week with some expected news.
Low float.
Can we nope $5?
Lol
Nice movement the past week. Low float mover.
Their technology seems very interesting.
This could continue to move much higher.
Waiting for news from conference in March.