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Im curious to see what happens here
ONLY 900 MILLION FLOAT NOW INSTEAD OF 3.1 BILLION.
huge news. WOW
mlcg could go huge
coming back up :) got in close to bottom after unhalt. i usually dont play stocks this pricey ill prob lose everything lol
I think it will at least get back up to .10.
maybe dilution. I know the company is full of convertible debt until at least september 2017. Im not sure how much is being converted now...or if it is being converted. It could also be a short. Either way the market makers stopped this run in its tracks.
something is brewing up here...
lots of volume here. Going to hit peoples radars soon
3s went surprisingly fast. 4s already up
this one was a little too easy $$$$$
just a market maker known for shorting stocks. This is taken from a google search...
"ASCM is the most popular market maker for shorting penny stocks and create a scare when their on the ask close to the current price level. ASCM often appears on very volitate stocks that made a nice move and ASCM looks to short for the price per share correction. When ASCM appears on the bid side close to the price level it means they’re covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support"
The good thing is ASCM is already on the bid at .06 and is covering already...so i dont think the pps will drop much more than this. (hopefully)
ASCM the known shorter is going to try its hardest to hold this down forever and make people take lower profits...i hate ASCM. This MM shows up on every stock that shoots up and bullys everyone into selling. POS
2 million in revenue with only 3 million outstanding shares... this could go waayyyyy over 1$ long term
I believe this can make it to 1$
QUTR.002 up. Nice news
49K bid support at .105. This one is a beauty.
epxy wtf?
These prices are a steal at 0009/.001. I think we will triple by end of the day monday if not tommorrow. this stock isnt even on most read or most posted board yet.
.11 up
.10 on the ask. :)
Multi day run here. very clean L2
3s printing first time since this stock plummited.
ZONX. Whats going on here?
OH YEAH, KEEP IT GOING
LIGA going huge!
This looks like a solid company. New ticker, low OS, growing revs. I think its just getting started
whats going on here. just keeps going up and up
Bouncing off of .002 Good spot to get in IMO.
no just when this dump started happening. And he is either taking a huge smack in the face or going to make a lot of money. Im very curious to see how this plays out
ASCM done shorting. no longer on ask. CANT picked up huge shares in .004s and is sitting at .008s now. I think this will go up soon
Also is francines couple billion of shares also worthless now? That was the main reason i thought she was going to come through for us..just because her own personal money would be effected if she didnt. But i guess i am reading she got 150k and decided to just cut her losses?
I have my own blood on my hands from francine stabbing me in the back. Im probably one of the biggest bag holders here tbh. I honestly thought she was a sincere and honest ceo trying her hardest to do best by shareholders and that she would eventually come through with the sec filings required to keep brwc current. I was fooled hard.
So what do we do about this? are we goign after her? Do you think we would have a case? I mean we are the ones the ultimately decided to stay in brwc even though they weren't current.
i know, that makes no sense. Obviously BRWC was specifically brought to the SEC attention from someone. Probably from some salty POS on this message board.
They would never just randomly go into penny stocks and just pick 1 penny stock to suspend randomly when there are thousands on thousands of penny stocks that are delinquent and are trading.
Boreal Water Releases Updates
Jul 18, 2016
OTC Disclosure & News Service
Kiamesha Lake, NY -
Boreal Water Collection releases updates
Kiamesha Lake, NY, July 18, 2016 - Boreal Water Collection, Inc. (OTC: BRWC), an established water bottler of premium private-labeled bottled water products tailored for each client’s particular need, today issues the following updates.
Boreal has successfully negotiated with BB Development XXVIII, LLC that it has until September 1, 2016 to close the purchase the 130 acres Alpine Spring property. Boreal has already put a deposit in January to lock in its first right of refusal and is presently searching financing to be able to close this purchase.
Management is presently in discussions with several investor groups for their participations in the growth of the company.
Also Boreal has received more orders from China for its Baby Water. The Chinese market is accepting more and more “baby water”.
Our sales team opened some more high-end accounts:
Next level – www.sonubeverages.com
Gardens Hotel NYC - http://www.affinia.com/gardens
Stark Limitless Pursuit - https://starknolimits.com
Roll-n-Roaster Brooklyn - http://www.rollnroaster.com
The Culinary Institute of America - http://www.ciachef.edu
Project LeanNation NY - https://projectleannation.com
Boreal has filed an opposition to the Civil Complaint to foreclose on the mortgage from Red Woods Investments, LLC. Boreal is actively searching financing offers to refinance the mortgage on the plant.
https://www.twitch.tv/team/fade2karma
you can see who is streaming on team fade2karma right now. and all the streamers already have the good game advertisement going in the bottom right corner of there streams.
right now the top LIVE streamer has 400 people watching him (but 25,000 followers) thats a lot of people seeing Good Gamings advertisement
I didnt realize there was a PR. Restructuring coudl be good. that is really good news.
A company that has been restructured effectively will theoretically be leaner, more efficient, better organized, and better focused on its core business with a revised strategic and financial plan.
Restructuring does not mean R/S at all...she isnt talking about restructuring her share structure...so lets stop getting that confused.
Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the difficult and controversial decisions required to save or reposition the company. It generally involves financing debt, selling portions of the company to investors, and reorganizing or reducing operations.
The basic nature of restructuring is a zero-sum game. Strategic restructuring reduces financial losses, simultaneously reducing tensions between debt and equity holders to facilitate a prompt resolution of a distressed situation.
Corporate debt restructuring is the reorganization of companies’ outstanding liabilities. It is generally a mechanism used by companies which are facing difficulties in repaying their debts. In the process of restructuring, the credit obligations are spread out over longer duration with smaller payments. This allows company’s ability to meet debt obligations. Also, as part of process, some creditors may agree to exchange debt for some portion of equity. It is based on the principle that restructuring facilities available to companies in a timely and transparent matter goes a long way in ensuring their viability which is sometimes threatened by internal and external factors. This process tries to resolve the difficulties faced by the corporate sector and enables them to become viable again.
this is all just copy pasted from wiki
im just making a point that as of right now the loan is not toxic. all the info was back in januarys 8k. We very well may have to take out a toxic loan to pay off this loan but as a right now we dont know how this company will be in 2 years.if that ends up being the case than so be it but that loan will have to be a seperate note taken out in 2 years and will probably not mature till a year after that.
as of now though its just a regular loan that will be payed back in a couple of years. and if this stock gets over .007 this loan will lead to new shares as warrents are being executed. if share price is under .007 warrents wont be executed and share structure will remain the same.
So you may not be wrong and when the time comes we may have to dilute the stock to pay off the note...just when i read your post it sounded to me like you were saying the note was guaranteed to be diluted when its not and i just wanted to make things clear.
what arab notes? you realize its .007 warrents. its not toxic unless share price is over .007. and would only be toxic to the point of .007 and no lower because warrents wouldnt be executed any lower.
every 5 minutes there is a 999,999 share buy. very weird. 6 times in a row now