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Patience is Key with Custodial Plays.
A good level of patience will prevail here. Custodianship sometimes can take months to materialize into anything feasible.
There are some good things here though.
1. Even with CE present over the last few weeks Volume has increased.
2. Filings have been made in conjunction to CE removal & pink current status.
3. While many brokers have "stopped" new entries into CE ticker, this has seen good activity & has been good to buy on TD
4. This ticker, whatever the float & O/S that exist, will be choked by the fact that 1 shareholder is in possession of 38M shares.
There will be a scarcity, as I do think that shareholder has the best of intentions for a price appreciation here.
5. The online [twitter] buzz has not began yet. Barely any mentions.
Hang Tight,..Let's see where this is at in a few months. After 14 years+, a few months is nothing,
most here this long should consider this as a $0 cost basis & hang on for a ride. GLTA
Some Tickers of Note/Of Late
Just throwing several ticks out there:
HKBV, .0007, awoke last week with 80M traded [0001 to 0007]
EGCI, 12M O/S, peaked at $4, recent merge in Cannabis/Cali Business
NWAU, .031, 16M O/S, Volume entered around January
LEAS, .003, seems to be getting accumulated
CKYS, .0005, this awoke Friday 2/12 with 15M Volume, [0001 to 0005]
DEVM, .029 51M O/S, Interesting Florida RE Play, Low Volume
XTRM, .0089 Revenue Generating RE Play 9M Market Cap
HCMC .0042, NSAV .008 these are probably the hottest 2 sub penny tickers. HCMC is on some other level volume action.
See if any are of interest..GLTA
The Tremendous Upside Will Grow
No grower is going to pass up the opportunity for a 30% yield increase. Once adobtion & scale occurs this will be a incredible product & company
Brokers are playing Daddy
Not a fan of the brokers playing papa, should be able to buy any stock but they've put up many walls of late.
That HKBv did make a nice move up again..
'Geeoff'
I looked into that one. Etrade wouldn't allow a trade with a grey market ticker.... To bad they went up, and I tanked for the most part!!
Good luck today, I'm gonna hang tough for now on what I've got hoping for a rebound after profit taking!
GLTU
Interesting To See...
There were quite a few of the smaller gambling names that released pretty good news today & showed some nice upticks.
AESE +31%
GMBL +30%
WINR +22%
This sector has been so hot, but the move on GMGI with this good earnings preview didn't even move the tick nor the volume much.
It's just strange to see. It's like GMGI has become entirely detached from the gaming/gambling sector for the last two months.
Just hoping to see a green week close...
Yes Indeed..the Awakening.,
Actually, it's been happening for over a month.
This likely, since the share structure is being updated on OTC for over a few months has something brewing. Whether it's a shell merger or some other occurrence. Good Luck Folks.
'KingsKnight' Wednesday, 01/06/21 11:05:12 PM
Something's Happening Here...
https://www.otcmarkets.com/stock/HKBV/security
Share Structure being updated daily. Possible Custodianship play?
Reverse Merge candidate? Shell?? Or Getting Caveat Emptor removed?
Or Possibly nothing at all.
Hmm, Did I Do That ?LOL?
The art of observation is a beautiful thing. 27M Volume lit up , on a +200%
'Geeoff'
Thanks, trying to get it started for everyone while OTC is Red Hot
'KingsKnight'
Interesting Board You Have Here..
I will play along, there's odd action on a ticker [HKBV] .0001 & ticker share info is being updated daily on OTC Markets. Been going on for about a month.
7M volume today, but only 4 trades.
https://www.otcmarkets.com/stock/HKBV/security
Interesting Board You Have Here..
I will play along, there's odd action on a ticker [HKBV] .0001 & ticker share info is being updated daily on OTC Markets. Been going on for about a month.
7M volume today, but only 4 trades.
https://www.otcmarkets.com/stock/HKBV/security
Thanks for the Response O0O1..
Yeah, the 600M O/S is good for a shell, there have been many other with higher O/S that have had some significant returns.
I do believe the $5k is procedural more than anything & those are I think different class of shares.
The 30M shareholder likely is a strong long on this stock, likely a poster on this board at one time as well. I suspect their intentions are for this ticker to prosper, so all longs should really be thank1ful for the largest holder to be a believer in the future of the ticker.
We shall, see. As it stands, the Caveat seems to be taking much longer than anticipated [month 2 I think] Guess time will tell, but certainly the Volume the last 3 weeks has been of note.
'OOO1'
Hi. Bought with TD Ameritrade. I’m intrigued here as the shell is clean of debt and the OS is only in the 600 million range.
Have any of these questions been answered yet?
From the filings, the custodian sold 60% control to Cooley for $5,000. Why so cheap? Is that the typical fair market value of a clean shell with under a billion OS?
What’s the deal with this Latravious Bell guy who owns 30+ million shares but isn’t involved in the business?
Capital Raises In Excess On Market Cap
I believe at this time they have more capital raised [via shelf prospectus/private placement/debt to equity swaps] of around $300M, while their market cap is around 70M or so. There's room for them to maneuver into something to add even more to their subsidiary type holdings. An acquisition may be on the horizon. Would like to see them have a good betting app in their holdings.
At 30M annual revenue, they are roughly trading at 2.5x Sales..which would seem cheap in the gaming sector.
'Belg'
As long as the capital raised is used for the business, there is no problem. It's a different story when the money is used to pay the managers...
Hope They Can Scale Up
Certainly hope they can scale up operations & get more supply within short time frames. Sometimes it's good to over supply, but perhaps the demand was quite high that they didn't anticipate.
Hopefully, they have supplies again available by March. Either way, it's a good showing. This stock seems to move big. When the contracts start getting done it will be interesting.
'Belg'
Of course it is fantastic that the stock of pods is already exhausted from the first moment. But more importantly, the buyers come back to order the pods because they like the coffee too. If it stays at 1 purchase moment, then the product will not last long.
Sold Out!
Seriously wonder what their supply run was, didn't expect the demand to flush them out so quickly. Did anyone know the prices these were going for??
So at this point,, they have achieved commercialization & revenues have begun..Good News..
'Belg'
Xoma Superfoods
Sold Out for Now!
First of all, thank you.
Thank you for your confidence in our product and for joining us in our mission to eliminate petroleum-based, single-serve coffee pods from our landfills.
We were confident that our products were going to be a hit, but we never expected the kind of response we had today. So again, thank you.
As of this afternoon, the first in the XOMA Superfoods family of products - our Micro-Ground Soluble Coffee with MCT has sold out. We have started a wait list and will be working with our production teams to offer more products in the near future.
To thank you for your support and patience we would like to provide you with a 15% coupon code for your next order.
Coupon Code: XOMAMARCH15
Thank you again for your support.
Kind regards,
XOMA Team
Trips Zero 1..
Might I ask what brokerage you were able to transact on the ticker.
With the Caveat still up on OTC, seem there are restrictions at some brokers & not on others to purchase.
Good Luck here, these can be a wait to get off the ground, and sometimes can hit setbacks. We shall see.
TiA
MaineLob
Actually, think this was part of the problem with GMGI, the ticker became a SPAM ticker on so many social media outlets [from FB, StockTwits/Yahoo/etc] There are hundreds if not thousands of pump/push posts about this stock on the various forums & into/onto other gambling stock ticker boards. It's a shame, it makes it just appear a cohesive pump is being done buy certain parties.
At this time, there also may be the issue of those that have this ticker for 2 years who are in the sub .50c {post split}range who may have boatloads of shares that get pushed to the sell and since the volume is so low they're likely having problems offloading big lots if they have. The price obviously is hitting a heavy resistance for upside & it will take a major catalyst to get it moving back up. if you're up 1000s of percents, the dead money for 2 months might not be appealing to some. If this falls to 4s, put orders in the high 3s , because there will be another bear raid waterfall drop for sure, this is just the pattern here.
'LobsterMaine'
Agreed... news is really our only lifeline other than LONGS locking up float and spreading the word on social media to create more volume. I think a lot of Longs are being patient and slowing scooping up these cheap shares imo. If we go into 4s I will load even more.
Red Week, But Strong Volume Uptick.
Seems that the volume has really picked up the last 3 weeks. The delay on the CE removal has allowed some to begin the load up it would seem. So positive signs. Guess if you can & want em, grab cheapies as much as you can. Managed to hit .0022 low this week, closed down 20% at .0031
Stay Strong Belg...
IQST/MLLLF will return loads...perhaps not as much as SIRC has done, which has been an astronomical run from .02 to $2.76. It's officially a monster [with the likes of ALPP(.03 to $7.30/TSNP .002 to $1.38]----IQST could see $5
'Belg'
Hey KingsKnight,
Yes, I am still long in GAME (MLLLF), NEXE and IQST.
Shame on me not entered in SIRC,... frown
Trying Not To Get Excited :)
Game/Mlllf has been so dormant, just pure stagnation for a while.
It did uptick $1 this week, which is better than seeing red.
I really would like to see more consistent volume, any sort of indicator that interest is flowing. Maybe soon!
Fully expect this to hit $20+ as soon as the volume rushes in.
They sure are raising alot of capital [https://finance.yahoo.com/news/engine-media-announces-private-placement-210100377.html]
I can't keep up with how much they've raised thus far, would seem to be near $300M
'Belg'
It looks like MLLLF/GAME found the right direction...
Pivotal Point Next Week...
By some indicators, GMGI actually had a good week with a positive overall gain on the week.
The weekly chart did have a flip on the PSAR indicating a new downtrend began this week. Next week will either fortify the new trend or break it. All other signs [MACD/RSI] would say it's oversold & should move up, but with limited volume we will have to see. Been a tough 8 weeks on this ticker.
Hey ToastyOats..
Glad to see another here. I think their prospects are good. I think getting Canadian adoption to a Canadian sponsored company like NEXE will lead to the coffee cup producers to have to make adjustment to their plastics & production lines. NEXE might line up well, especially if they can actually land a few contracts with their own coffee line.
There will likely be some bumps along the way to get to a strong revenue stream, they could adopt a license model as well to the manufacturers.
good Luck
Hey Belg,,,I hope..
I hope you stayed strong on those picks I passed you a month ago!!
PKG.c/PTNYF .12 1/6/21, to .1521 2/4/2021---->+27%
SIRC .265 1/6/21, to $2.34 2/4/2021---->+783%
IQST .15 1/6/21, to .62 2/4/2021---->+313%
DEVM .0212 1/6/21, to .0251 2/4/2021---->+18%
Good Luck,,,NEXEF/MLLLF will get there!
KingsKnight, Wednesday, 01/06/21 10:45:10 PM
Since this is pretty much a dead board. I will put some other notable tickers for you to check out if you'd like.
PKG.c / PTNYF (OTC)
SIRC
IQST
DEVM
Interesting Note on the Volume..
Do think if this gets to push 1M+ on volume it will be remarkable.
If you looked at the weekly chart it's real strange to see how the volume just disappeared at the end of August [Which I think is when they PR'd the NasdaQ application] Seems from that point the volume just went away & really noting has made it have a heavy volume uptick on the weekly chart. At least it's seeing a slight bit of green!
Still Think Getting to NAS is the Goal..
But seems nothing gets this moving up.
Earnings were not bad, lot of progress. But the stock is doing nothing & volume is so low.
Still think the pain will be worth the gain in the end.
Interesting Move & Share Structure.
This was 20 cents on 1/20, now it's printing $2.
The 1 for 20 Reverse split in 2019, probably have a few with some small share lots. Share structure looks interesting as a shell/merger candidate. So the recent announcement might be running this.
Outstanding Shares 12,226,467
Restricted 11,213,687
Unrestricted 1,012,780
Market Cap already touching 24M
Hope it Delivers..
At this point, anything it gives back is a positive return from a full loss over a decade+ ago.
Not something any of the holders would have anticipated. There is a lot more steps that need to occur for this custodianship to reach a point of positive returns, but it's just good to see it trading again.
As for the first day when we thought broker access would be restricted, the volume did manage to do 4M ($11.4K Volume) but like Hock thought it sold down pretty hard. This might lead to further erosion until the CE issue gets resolved. Might see it hit .001x-.002x range.
'gerard711'
I have quite a few shares this can be life changing, at retirement age this can come in real handy
1Q21 Earnings Release [2 of 2]
https://finance.yahoo.com/news/engine-media-reports-first-quarter-220600635.html
1Q21 Earnings Release [1 of 2]
https://finance.yahoo.com/news/engine-media-reports-first-quarter-220600635.html
Good To Know...
That's interesting, maybe TD hasn't flipped the switch to off on it.
Gerard,,a few more upticks & you're even,,,long wait, hopefully they make it worthwhile. These custodianship plays can be slow, but some pay very nicely.
'gerard711'
Yes confirmed here in NY able to buy 5,000 no problem on Ameritrade not that I need any more just did a test to see if it filled and it did instantly p.s. I've been holding since 2006 avg .014
Been Tough To Watch ..
It's real unfortunate that this stock got pumped by bots/pushers/peddlers onto every gambling stock board on the internet.
With 100s of posts daily pushing it it became a bit of spam on many threads/boards and now it's seemingly falling back to the $5 levels.
Perhaps many rode the ride up & took off.
While the new financing pegged them to $5 value, it would be nice to be trading at a premium to that. In the meantime the volume at least isn't heavy like the red days last week. Got to hope the trading improves.
Interesting Week/s Ahead..
With so many brokers now with bans on Caveat Emptor stock purchase[Fidelity/eTrade/TD/Schwab] it's going to be an interesting week. No one on those platforms can buy, only sell. And I am not sure on which platforms it will be even possible to make purchases into the SLJB ticker. Might see a bit of red if all people can do is sell.
Weekly chart looks good, a strong uptick in volume has come in. Stock has baselined in this range for a good while. Everything hinges on the Pink Curren/Caveat Emptor Removal..
Thank you Lil Bam
It's unfortunate when boards begin to suppress the exposure of mass pumpers on a ticker, and it's usually the case they're mods on boards. And those posts get deleted. So it seems stating the pumping scheme being done across platforms by a poster here is a no no & my post was removed. I guess poster/holders of shares must only view a one sided tale being pumped to them.
'LittleBambi'
Unfortunately you are correct. Those pumping machine on fb/ other is not helping at all. People posting buy buy buy and showed how many shares they buy today and how many shares they held. Its not even a forum - it felt like a cult.