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The past numbers as well were put out at a much higher number. The fully diluted at this point in time could easily be 15-20 billion. We can factor in two reverse splits now off of the current debt.
Then IF they actually do fill the order (which is highly doubtful) there will be all the costs of processing, harvesting, packaging, labour etc.... Which means far far less money. It does not even scratch the surface of what is needed to keep the company afloat. If they are selling at half the market price it is likely they have next to no profit margin.
Yep, those ones will be free trading right off the bat. To get the registration through they are going to have to do a big split as they have breached the A/S already.
They just announced that several billion more shares will be hitting the market.
Looks like they are obligated to raise the authorized again or split as the outstanding debt must go far beyond 10 billion shares now.
Notis is obviously well known for the production of this oil.
Uhh yeah, have you read anything at all about this company?
If they have PO's which I am sure they do negates any necessity for a R/S.
We should climb soon.
HAHAHAAHAHH, funny stuff!
Of course there will be one as they HAVE to. I expect a 14c in a matter weeks or even days at this rate.
Zero bid next week or so, then a 14C for a 1000-10000:1 reverse split.
Of course there will be the toxic lenders will demand it so they can continue to sell their shares to idiots. The company as well has to so they can continue to sell toxic debt to pay management's massive salaries..
Have you actually even tried to read the financials? 300k does not even come near paying a single executive salary. An order 10X the size would still be dick all after taking into account everything else.
It is not a matter of belief it is just basic market knowledge, which you most assuredly lack.
It shows the sells, it shows the buys. Sells are red, buys are green. Any questions?
Sorry but you do not know what you are talking about. Trades are marked in green because they went off at the offer. Trades are marked in red because they went off at the bid. They are not buys or sells they are both.....
Pretty funny they are bringing out the medbox machine again. I guess they figure there are people too stupid to realize that the thing was a complete failure already in the other stock scam.
LOL, typical Vinny the criminal BS. As usual full of shit, lies and blaming everyone else for his crime.
Actually it does to anyone who has more than half a clue about how things work in trading.
Most folks are wiped out after a year or two on Ihub. You can find tons of stocks that were darlings many years ago with tons of board marks despite the stock having been revoked. Most of those 824 are long, long gone from the scam and Ihub.
The fact that there are only a couple dozen posters (at most) is a testament to that.
Pretty much nothing due to NAFTA.
Post is gone, what has that batshit crazy idiot done now?
I hear they have apps in the apple store! How are they doing? Zillions yet?
I will second that. When Dick spews news only fools bow in the pews.
Seriously medbox had a awesome idea. It was just to soon.
No, actually it was not. What it did have going for it was a great stock promotion with lots of hype in the sector and fools to bid the stock up.
Well considering Vinny the criminal was nailed for solicitation at one point (a high point for him) Whore is probably a better word than stripper.
The clown show is done as the toxic funders dumped on their heads.
And before claimed to average down over days.....
That 100% assures the company will do a split. There is no chance whatsoever that anywhere near all the debt can be unloaded without one.
The status is irrelevant. They will have to do a split to keep a bid so the debt can be converted and dumped.
More likely a pre14c announcing a 1000 to 1 reverse split.
Good one! I believe as well that the the flashiness of a nick is inversely proportional to IQ. Anything with "master" "king" etc... actually means noob/idiot.
What the farm looks like means zero right now. They have so much toxic debt that the stock is toast. There will be a hefty reverse split next which will wipe out shareholders.
Cover what? The MM are paid to dump shares for the debt holders, they don't hold positions in this trash. Only morons do.
Damn, if the company did not pull that share lock up thing I would have been like 7 days off in predicting .000s
You see there is this thing called math.
The lower the price goes the more shares need to be given out. The more shares that are issued the lower the price goes.
See how that simple system works? Now when the stock hits .0009 next week and then .0001 a few weeks later it will take even more than 10 billion shares to make good on the convertible debt.
You need to buy a ton more of the stock to prove him wrong!
I am sure we are all sorry that you are one of the special kids.
You need to buy more PTOI!
So why do you think that whopping 75$ worth of short interest is of any care to anybody?
"Notis Global Inc (OTCMKTS:NGBL) has declined 96.48% since October 22, 2015 and is downtrending. It has underperformed by 98.74% the S&P500." is pretty funny though. One would be hard pressed to find a worse stock.
uhh, there has been that is why the stock is at .03 They have taken in tens of millions of dollars and the price has cratered.
If you can't see bankruptcy well..... The fact that the machines have been broken for years and the company has zero revenue and zero chance of selling one of their broken down POS might be a clue.
Break out the good price matrix and find out how rich folks got.