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ZZZZZZZZZZZ
GM all. Another day with no filings
Can't go north or south without them.
George timed this right at the start of the coming boom.
Not only was it undervalued now, its likely going to increase enormously in value in the coming years
The worst in Wall st. theft
Disgraceful
SHIP went off today
Or eating turkey up here in Canada!
ZZZZZZZZZZ
GM All, This week or next week?
Fins should be days away. Until then ZZZZZZZZZZZ
Not any more :)
George thinks next week? Then gotta change my prediction to October 22nd
Ill take October 15th
Yes and right before the shipping sector is taking off.
The excessive dilution to wipe out common shareholder and build a company on their backs was unfortunate but not allowing them to gain some back off the new improved company when the sector has solidified makes this charade truly disturbing
Anyone involved in the scheme is absolute scum.
Its possible the share cannon is loaded where they wanted it to be and they don't want price to erupt until they are ready to release fins and news for max impact.
Just my thought.
HO HO HO its time to GO!
One of the most disturbing stories i've witnessed in the markets. Truly shameful for any involved. Lowest of the low
Have a great weekend!
Free trades all the time with TD?
Damn. Not on the Canadian platform
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Good morning all. Shaping up to be another snoozefest today
Oh Seamus...
Another projected date come and gone. Only a few days missed from the previous miss, which was on top of the previous miss, which was on top of the late filing, on top of the previous late filing, on top of the previous-previous late filing. And so on
Jolly said around 8 Billion. George did a 70% dilution factor that has us closer to 9.5B
This stock sold 2bill in 3 days the other week with no real financial news. Id safely assume if anything positive comes out of the reporting phase (and revenue collection and hospital re-opening phase we are going to eat the remaining shares and run
We'll likely find out exactly what the number is when the release something
In the shocker podcast many positive catalyst were stated to occur in the short term:
*Large payment due and starting to come in
*JRMC reopening as payments come
*Q's and K released very soon as auditors basically done
*3 quarter should be released on time
But... because Seamus said reverse split coming and lawyers were starting the paper work only a few paid any attention to the likely sequence of events here.
Most if not all will occur before a split could even be approved. Oh and were almost maxed out.
HO HO HO
There is a possibly blast of events coming near term and the longer they delay the fins the closer it will be to the 3rd quarter Q which they also state in the pod they want to be out on time
Something to keep in mind between now and that reverse split that has some real still hurdles to get approved after they file missing fins :)
Long pregame
If i recall they said they would file something regarding the finalized audit then the Q's would follow
But ya. Dont expect much this week.
Oddly most patterns like this hit above that area.
Just keeping a bit back in case it does.
Has to start moving first or the set-up wont matter
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Morning all
Another snoozefest till we get these fins
Bears really showed up this eve
Fins must be close
Yes sir. This end of the world reverse split has a process to work thru.
HO HO HO
Nice edit.
Jeez lol
Using CAPS wont get the reverse split date approved any sooner
Its gonna really get interesting one way or another. Maxed out with fins coming and a reverse split without a date.
There is certainly lots more to see
Keep watching. Just my view on the past 10 months. From a selling climax to a shakeout.
Ill be sure to keep my eye out for that big reverse split date ;)
I firmly believe this is what a shakeout at the end of accumulation of a 0.0001 stock looks like
Fascinating, as it something ive never seen done without a price drop to make them give up shares.
Very common occurrence at the end of accumulation before big runs into markup
HO HO HO GL to all!
And those are just his most recent missed projections... Its a long, growing list
Although i tend to believe Q's will be very soon as he wasnt projecting a date to sell shares after dropping the reverse split bomb
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Morning all. Looks like it might be another snooze fest today
Even if the statement meant tomorrow? It doesn't matter. There is a process of approval for the reverse to be intiated once fins come out.
I believe the absolute fastest time frame it could be is 10 days after fins come out if all approved and paperwork filed. Thats also being unreasonable after the recent issues with the company. who knows even FINRA may even have take a quick look under the hood here.
.0001 stock coming off a stop sign. Redflag for sure
Seamus said...
Seamus said August then September, then October
We could play a game and fill up the board of things Seamus said over the years that did the opposite, or was severely delayed or simply did not happen
Also odd
The company has never had previous concerns with throwing out the ballparked revenues before filings for the shareholders in the past. If anything they couldn't wait.
They now have the numbers but Seamus states something like they don't want to provide in case of error.
Really now?
Yep. I've been wondering the same.
It may be nothing but due diligence for compliance purposes in the coming years but such a thorough audit on this type of business certainly has the mind wandering during the long wait. Not unusual practice for some type of merger. But all we can do is speculate until they get these damn filings finally released in the next couple weeks.
ZZZZZZZZZZZZZZ's until they finalize the audit and Q's
In the previous pods and even September Jolly waved the pom-poms explaining the stock as 'grossly undervalued' or in others claiming 'hes a buyer here on the open market'
October, nothing of the sorts in addition to the depressing messaging from Seamus
Interesting.
I believe Jolly mentioned around '8 billion' in the pod that stopped the excessive buying. So that's the low end.
Our buddy Georgie used a 70% dilution ratio and had us around 9.7B. So that's the high end.
We likely wont know the real updated count until the Q's come out.
And1 Skull. Something we see common ground in.
There was a 10000-1 approved, ready to go hanging over almost the entire year (accumulation period IMO, and we likely disagree here)
Now some are in a new found fear over a split that is not even approved yet?
Even posters that agree a split is coming to obliterate common shareholders are perplexed with each others logic.
What a place this is!!!
HO HO HO. GL to all
Find another 0.0001 stock with this level of interest or volume over the past 10 months? Even today when there is fear we still have buying. And yet we have had zero good news in how long?
As Ben said earlier today its as simple as supply and demand. Any good news with no supply left will get the ball rolling, once the ball is rolling with no shares left what do you think will occur to the price of a stock that is so heavily watched? No one will give a crap about the podcast split discussion.
Extreme fear is quite normal prior to big runs
Its not about thinking. Its pretty much mandatory fins are coming out prior to removal of the stop sign.
There is plenty of time in between if there is positive news. Since we are pretty much close to maxed out already, that can change the game entirely.
In the current situation and state of the stock the Company has to proceed with the R/S for the reasons Seamus discussed
Lots of moving parts in the days/weeks ahead