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Sell me your shares!!!! Gobble Gobble Gobble
Yeah it's just funny to me how people scream R/S because they're under .01 but conveniently leave out the 180 day grace period that a company is given to get back over a penny before being moved down to the pink sheets
You mean upcoming as in October of this year Lol ..... That's a good ways off. And if they do not meet QB status by October and it goes to pink guess what I'll be doing .... You got it loading.
As long as the A/S stays the same I'm game.
I'd like to personally thank those who have allowed me to repeatedly load this low ...... I will continue to take advantage of your short comings!!!!!!
Who said anything about a R/S other than nutjobs on this board?
Sell me your shares!!!!!!!
VGTL looking primed for a breakout!!!!
Getting thinner .... Those that were stacking at .0031 are getting impatient!!! I'm looking at .0036 as a key mental break
BKRT has nothing
Some people are going to try real hard to keep this down by stacking the Ask between 28's and 35's
Wow ... 80 million T-Trade at .00067
VGTL - "Through our distribution partner, we have licensed our UHD 4K library of films to DirecTV and Nanotech whose streaming UltraFlix Network App delivers state-of-the-art UHD television experiences to consumers worldwide. Bears 4K has also been licensed to Samsung and Sky Korea and Adrenaline Rush is licensed to the Oregon Museum of Science and Industry. We are currently in negotiations with several major international services that have announced plans to launch 4K channels in 2015."
There you go!
You couldn't be more wrong about this
Someone stacking the Ask to get suckers to sell .....
No need for worries about that as of yet GOducks....
Quite often people will refer to the .01 minimum bid that's required to happen once every 30 days in order to maintain OTCQB status, and they're right however it's not that cut and dry.
Here's the rule in its entirety:
"Have proprietary priced quotations published by a Market Maker in OTC Link with a minimum closing bid price of $0.01 per share on at least one of the prior thirty consecutive calendar days. In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share, a grace period of 180 calendar days to regain compliance shall begin, during which the minimum closing bid price for the Company’s common stock must be $0.01 or greater for ten consecutive trading days."
Here's the link straight from OTC Markets as confirmation:
https://www.otcquote.com/content/doc/otcqb/standards.pdf
As you know this past week we exceeded 30 days without closing with a bid of .01 or higher, however we still maintain our OTCQB status. The reason why its still OTCQB and not Pink Sheets is because VGTL has entered its 180 day grace period to try and get the PPS back over .01 .... however the key is during this grace period at some point the bid price has to close at or above .01 for 10 straight days. If this happens the company returns back to its original status of having to meet the .01 minimum closing bid at least once every 30 days.
Yes I know - Just giving general advice; not specifying one general post or poster
When it comes down to the share structure, conversions, debt, ect. Do your own DD people! Do not take anyone's word on it.... (not even mine) do your own DD. People will attempt to scare you out of your shares by saying the A/S is going to increase, there's massive dilution from conversions and debt ect.
However will never mention that the common stock shareholders have to vote on an A/S increase; since no preferred shares exist! That means you as a common stock shareholder would have to approve the A/S increase. Read for yourself:
http://www.investopedia.com/articles/basics/03/030703.asp
There's only 200 million A/S and ANY update must be filed! So as of this second the A/S is 200 million.
Yes, it's obvious that the float is no longer 14 million and the O/S isn't 29 million anymore, based of of the high volume the past couple weeks; however it would literally take one person, group, or groups locking up over 50% of the O/S to approve any A/S increase as the majority vote.
DO YOUR OWN DD .... Lots of followers doesn't always equal honest intentions
Which is one of the main reasons that VGTL is so attractive as an opportunity to make substantial gains.
Lots of rarities for an OTC ticker:
*No Preferred shares
*A/S of 200 million
are the ones that have me loading and holding.
Lol ..... Can't have my shares AAAAMHIM!!! Hope you get filled though
Thanks for helping to hold support this past week or two
Started the day with 2.7 million shares blocking the ask up to .0035; as it stands now only 1.6 million to that point!!!
And to whoever keeps trying to push the price down by putting that huge single 1.5 million block on the ask for a couple secs then taking it off... watch yourself because I'm watching and I will snatch it from you!
Thanks for the .0023's!!! I can always depend on the impatient.... Lol
Thanks Startingboy .... what's really appealing is that out of that 273million shares since 4/3/15 just under 175 million of that have been traded since last Tuesday!
Volume before price
We've seen those types of trades go through for a couple weeks now; posted both during and after market closing. Something is happening. Patience will be rewarded IMO .... But this is the OTC everybody wants to be rich and on the moon by the closing bell. If not they sell for minimal gains or a loss rather than averaging down.
I'm still loading, and plan on holding this stock unlike most of the others that I trade. So day to day action is cool but really not that important to me.
As soon as someone slaps him he'll run back to the high 3's maybe higher .... VNDM doesn't do that when his purpose is true dilution. Actually he'd undercutting those at .030 right now .... IMO.
Besides the A/S is only 200,000,000; how much could he possibly have
Empty VNDM plays the temporary spoiler
Volume before price guys ... A lot of traders here; 24-48 hour guys. Once they're cleaned out and BKRT backs off for good it will pop
Actually you are correct Lobster and I am wrong.... It does have to close .01 or higher during that span.
"All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 180 calendar days to maintain a closing bid price of $.01 for ten consecutive trading days;"
Link: https://www.otcquote.com/content/doc/otcqb/standards.pdf
So the basically have a grace period of 6 months to regain compliance by having the stock bid price close 10 consecutive days or more above .01
This is a tad incorrect Lobster .... According to the rule it's not based off where the stock last closed at .01 or above, but the last day that a bid of at least .01 was placed. I believe that was the 26th of March.
Good day today guys ...... Volume before price!!!
A/S is only 200 million ..... Do I thing the Float and O/S are the same NO! however the A/s is a measly 200 million ...... I'll continue to load until I get my 7 million shares
3.8 million T-Trade goes through after hours at .00244
I'll continue loading next week too
Fill 'er up Roy!!!!
Lol .... It's more than obvious
Lol exactly!!!
Oh well somebody else has just been suckered out of their shares .... Thank you kindly as I load bit by bit
Ask suddenly disappears .... hmm like clockwork baby!!!!
With low floaters patience is often required .... but since this is the OTC very few traders have it because everybody wants to type Weeeeeeee or go to the moon and what not. That's why stats show most traders are unsuccessful, no plan in place!
I done my DD .... I like the technology! Once I get about 5-7 million shares loaded I'm going to let it sit for a year and let the chips fall where they may
He's thinking that if he leaves it there it will stall the buying ..... people will get impatient, begin to sell at a lower rate; pushing down the PPS, he can load more shares, wash rinse repeat.
If people do start to sell lower due to impatience I will take those too!
Low floats = violent swings ..... Do your DD and show just an ounce of patience and you will be rewarded IMO.
He knows this .... he's just trying to scare folks out of their shares as usual. Same tactics everyday; once he gets fully loaded he'll break out the pom poms ... just like the others. Typical bashing behavior.