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Yeah it’s crazy always seems backwards. I get why there’s no confidence and they are diluting so it’s going to keep going down until some filings and pr’s come out.
They aren’t in control just selling shares per the 8k that we haven’t seen yet haha. Sorry just had to laugh a little. So much potential here just not sure when some fillings will hit.
100% don’t think we will even touch 100 million.
Personally I think they would be smart to get all the financials done become current again first. I doubt the dilution will stop once the fillings come out but we don’t know since we haven’t had an 8k specifying the convertible notes obviously benign dumped here.
Well I got in at .04 so I’m not as bad as most.
For sure convertible notes.... but if the numbers they shared are close with under 20 mill OS this is worth multiple dollars but who knows when it will end and when fillings will come out.
It should get a bump and if os is still low then yes this should be worth dollars.... will the dilution stop who knows we need an 8k on top of 10k and 10q.
Noticed that yesterday as well...
Trading at .02 yeah that’s a no brainer it would be worth over a dollar if the os stays there with those revs.
Yes sir!
Ya know flippers haha
I bet your right.... people will see a 12 mil OS at 2 cents today yeah I bet we get a good bump today.
Usually mean dilution.... but maybe the end of it and very small amount at that.
T trades?
Right... at least it’s not dropping at the moment. Maybe we can get some fillings soon.
I was told the A MM’s are usually diluting but maybe someone else has some insight.
Yeah gonna load really thought .03 would hold but that’s how it goes.
Anything under 100 million OS shares with 10q and a good 10k this thing blows up. We aren’t anywhere close to 100 mill maybe 20.
Will E*TRADE let you trade this? I’m in Odessa and work in the oil field. Legacy is a pretty decent sized oil company I know they filed for bankruptcy. I heard they had told everyone to stop spending money and then on Monday was back to do doing work cleanouts and such.
The entire stock market is gambling especially the otc....
I don’t see it either.... it’s unfortunate for the guys who bought way higher in sure there’s a plan time will tell.
Yeah so even if they dilute to over a million shares this is worth multiple dollars.
What? That’s 166 million shares which is still wayyyyy low for the otc. Shmp had I think 400m and ran to .90 cents with no revs.
Maybe the conversion is at .03 but we don’t know since no fillings have been filed.
Wow this board has a bunch of pansies on it! Y’all knew they were diluting?!!?!? The same people saying call the SEC I want him in jail!?!? Will be the same people saying I didn’t sale I always had faith when this runs. Yeah that haven’t been transparent haha welcome to the OTC!
Right typically dilute then R/S what MM is diluting?
Yeah I think this will eventually blow up... but yeah the people that paid dollars for this that’s a tough pill to swallow. Even if they end up diluting to 1 billions shares its worth more than 3 cents.
Ok so what’s your take on why shares were issued?
Gotcha.... yeah we will see what happens maybe this low .04 is the bottom.
I think it’s undervalued if the financials he posted are accurate AND they don’t dilute the shit out of it. The 20 billion A/S is out there. Even at 100 mill OS it’s way undervalued.
Thanks for the info Mike!
I was about to ask you those questions good post. Not real familiar with the custodianship stuff but it’s all coming together.
Awesome glad you have it figured out.
It’s a custodianship but you know that since you did the DD. Haha
Agree I got in at .0023 surprised it took a dip last week after reaching .0031.
Crazy all this dumping today.
Yeah I was hoping we would get back there before the date we will see.
I thought this was a custodianship deal so basically these guys take control clean it up and sell it anyone wanting to RM into it correct?
Everything in the otc is controlled by MM’s if a nice business picks this up it can ran but time will tell.
Honestly have no idea what’s gonna happen but with this SS whenever we know who buys it surly it would make money buying from these levels.