Trying to find turnarounds and add value through DD in these challenging markets.
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Well we have less volume as compared to other days at this tme
.0011 x .0012 Well my .0014 buy order finally got filled!! LOL!!
Exactly, lining up all the right people is critical to the success of any company. The fact that Mr. Hawke with his experience and credentials is choosing to come on board is a big compliment to Sarissa and Scott for the future propects of this company.
I don't think Mr. Hawke, living on the other side of the world, would do this if he didn't see something valuable in terms of potential work experience and challenges.
GLTA!
Hi Clay,
We didn't get the .002 close we were looking for. But we had a green volume day and even on the price. What do you think? Also, the 10.65 STO and 14 MFI are starting to slightly head up, not bad!??
J.P.
Hi Dave,
You're not alone and I am/may still be a long-term investor, but not as confident as I was before. You are right that he is taking the initiative to address our concerns while having to deal with everything else involved in starting a new business in a new niche to get the contracts we need. My compliments to him and the way he's approached the communication with us.
The only thing that is unsettling is the dilution and its partly undisclosed size, which to me as a shareholder is paramount because it directly affects the PPS. I understand that that proceeds are being put to good use to build long-term value, but issuing so much at these prices is wasteful of the shares in the corporation we own. If you notice in the video when he addresses this question how he changes his posture sitting behind the desk, how many times that segment was cut and edited and how his cheeks turn red towards the end of the answer. I think his answer was rehearsed and edited a few times.
Maybe I am looking too much into it, but something is up with this dilution and I hope that to_'s scenario plays out for my sake. Something about this dilution makes me uneasy, other than the obvious.
J.P.
True, I just want to get out break-even or a bit better. Anything above a penny and I am selling; I just hope the greed won't get the better part of me if the next run has good steam.
The video is more of the same and I would have been patient and accepting if it hadn't been for all of this dilution. It's just not the same stock as it used to be before, but what do I know!
My .02!
I wish I could, I am not buying that much. Just buying nibbles as Spark would put it!
Thanks for the update and we appreciate your efforts! Based on your knowledge, if we were to estimate a ballpark timeline would it be end of summer for the uplisting?
Have had a buy order in at .0014 for more than an hour and no fills.
Almost 13M in volume by 10am, isn't that high?
Aren't they supposed to post a new video? Was it today or tomorrow?
I thing you're right, they're walking it back down.
.002 x .0022
Check out clay's video.
I averaged down to .009 but I can't predict high's. Check out Clay's video.
Thanks Clay for the video, your insights are always helpful. Hopefully we can hold .002 in the next couple of days and then .003 and .006. I presume we will have to double test these two levels as we move up (i.e. trading opp's.)?
Is it a good sign that the MACD and STO are flattening out?
Thanks again for your time!
J.P.
GM Bob,
Thanks for the insight and following up with them. If this is the true story, why did they help them by keeping the dilution machine on? Couldn't they have used another financing option if they really needed the money?
OT:MMTE
Thanks!
J.P.
Not exactly what we hoped for but at least shedding some light or opening up the communication. Let's see what they release early next week. I would rather see a PR than a video.
This doesn't make sense, what kind of dismal proceeds did he get from issuing at these prices. That's b.s., he's just issuing to fill up accounts before the next horizon.
Can anyone please share a screen shot of the L2 line up at the close?
Thanks!
Amen, plus I like the ask level, quite the spread!
13 x 17 here it goes!!
And the volume is definately up there as we approach noon.
Comeing down again: .001 x .0011 and I just got the remaining fill on my .0011 buy
.0012 x .0013
Last price was .001, ask is now .0014 and I only got partially filled at .0011 ....??????
Got a partial (250K) fill at .0011
I am glad I am not alone buying.
No, I am buying in small lots of ~500K. A bit nervous that this will fall further, it takes balls of steel!
.001 X .0011 and my .0011 order is not getting filled
Just got filled at .0014. Put in another order for .0011. The bid is moving up and down a lot.
Like I posted earlier today, I think insiders are filling their accounts with new shares being issued as they couldn't earlier because the PPS didn't come back down as low as they wanted it after the first run, so they reverted to announcing and actually diluting the stock to bring the PPS down.
Step back and don't lose sight of the business and the fundamentals at hand here; be it long-term. I am putting my money where my mouth is and buying more tomorrow to average down. As I stated earlier today, I plan to average down a couple of million shares and sell a big chunk on the next run (hopefully that will happen soon) to make some decent $ and used the proceeds to buy into other stocks. I will keep some shares for the long-run in case that happens but not as much as I orginally planned, at least from what I see now. But there was a high volume of buys today at .0015
This is all my opinion and I could be totally wrong. Do your own DD and good luck!
Here is what I posted earlier today:
Agreed, but could the scenario be that the insiders are buying up these newly issued shares to regain some type of control of the float in the meantime. Then in the future when revenues come in they buy back shares on the open market, don't sell theirs and thus increase the % that they control to help stabilize future PPS rises?
.0015 is possible due to the amount of trades that transacted at this price today.
Thanks, the fact that you will be able to get ahold of him will answer a lot of questions.
Sounds like a good and safer strategy. So you're expecting gold to drop? Once I finish my exam on the 6th, I will be doing more DD on other stocks. In the meantime I am aggressively accumulating a mining play (great people on its board) and keeping my eyes on an oil/gas play. PM me if you'd like to discuss these.
J.P.
If he sticks to his history, he will more or less "have to" issue a PR to explain the additional shares issued and update the O/S to shareholders. It will probably (I hope) be sweetened with good news on another front and spark the next run maybe!?!
Agreed, but could the scenario be that the insiders are buying up these newly issued shares to regain some type of control of the float in the meantime. Then in the future when revenues come in they buy back shares on the open market, don't sell theirs and thus increase the % that they control to help stabilize future PPS rises?
I agree unless they buy back shares later with new revenues.
I respect your approach but at this point I think I am going to average down a couple of million shares and sell a big chunk on the next run (hopefully that will happen soon) to make some decent $ and used the proceeds to buy into other stocks (more DD to do!).
I will keep some shares for the long-run in case that happens but not as much as I orginally planned, at least from what I see now.
Let us know if you're able to communicate with Jared.
Yep, that's what I plan on doing tomorrow. Then maybe sell 1-2 million at .02+ and use the proceeds to buy SRSR.
Did you see GLCC's recent run...wow!!! I wish EESO could do that in just 2 weeks...2,000%+! Nice!
GLTA!