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Thank you for your answer T53. It is interested when you look at the exact pattern that goes on when a company seeks funding. amazing stuff. usual pattern extends over 3 years, but when the company is good at it and gets results, it sometimes go for a fourth and fifth year.
Lowtrade explains it well and i pasted his text below, it will be useful for many:
"A must read to those which don't understand the OTC game.
Have posted about the OTC game many times. Looking at 3 year historical charts for pinks or OTC stock can aid with when to expect new funding. And a new sell shares to retail game run.
This post is about pennyland companies which are really trying to succeed. Not the typical pump & dump stocks out there.
The process is buy a shell company, run the OTC game once a year for 3 years. If they find VCs to fund. If all 3 rounds of funding doesn't get the company to success. Sell the shell and let the next owner have a try at growing a company off the OTC exchanges.
This is the process for my Temp Job pattern. Where you see 3 steps up over 3 months and re-test of previous high month 4, then a 6 to 9 month walkdown, each year for 3 years. Usually each following year runs smaller then the year before. That's the sign the company will not make it and uplist. If you see price highs around the same level year to year or higher. The company may make it.
One of the things I try to teach here, for pennylanders, is trade each game as a game, not an opportunity to get on the first step of a story ladder to become the next Google. Because PR stories are only a tool to sell shares. And selling shares is the name of the game on the OTC. Companies sell them to VCs and VCs sell them to retail!!! Retail holds the bag, wanting and expecting more out of each run. But if there is no one to sell higher, the run falls. Once the funding shares are sold the game is over till next year.
If you can find any OTC or pink run more the 3 months it's a freak!! Don't bet your money on this one or that one being that freak. You have no idea how many time I've been told; "LOWTRADE but this one is different." It's NOT ! you have 3 months max. Experience has proven that.
Companies on the OTC have nothing but a business plan and stock when they start. To grow a business it needs cash, to get cash they need funding. The only funding available when you have no assets or rev's is VCs (venture capital firms). They know one company in a ten thousand has a chance to succeed and repay the loan. So they take stock as collateral and sell that stock to herds of retail story believers (1st thing), to recoop their investemnt with huge profits. This is how companies get funding needed and why VCs will invest in them.
Find large amounts of new shares being issued by the company and you have found a possible OTC run within the next 3 weeks to a month or so!"
The 1s totaled 40m, sure looks like it was well planned from the company. now we sail freely ( almost)
Good work finding back this quote BC. was it a call the poster made today ?
We saw some dilution at the beginning,but volume will push through. Not the first time they fund their plans this way, and every time the run was amazing.
ICTY T53 whats your take the best way to find out if funding is taking place ?
I was talking to Lowtrade and he mentioned that ICTY is the perfect example of company funding happened in the last 3. Usually it last 3 years and the company either makes or fails. Here we see a fourth run starting, and according to what i make of his explanation, if we see funding taking place by VC s, then a run might be about to happen in the following weeks.
Your view on this will help clarifying whats going on.
ICTY Lowtrade, like always your answers are of great education and appreciated.
This stock shows exactly the funding pattern you have described, simply amazing pattern when you know what you looking at.
Will you please take an extra moment to tell us, Traders learning the ropes,a little more about the following:
- Your last comment,"find large amount of shares being issued... "
Q: How do you recognize if such shares are being issued for funding?
- you mentioned 3 year pattern...
Q: this one is running again for the forth time, what do you see is happening ?
I am definitely not saying this one is different,i am with you on the pattern of pinks. i truly trying to understand whats happening here.Funding taking place again? run in the making again? its the way of telling that i am lacking.
USEI pocket change trades today, low volume small PPS change.
Patience will pay soon.
ICTY 100% over 200M volume. this stock is wild.
ICTY LOWTRADE, WHAT DO MAKE OF THIS CRAZY PINK. EVERY YEAR FOR THE LAST FEW IT PASSES FROM .0002 TO .002, BACK DOWN AND THERE WE GO AGAIN LIKE CLOCK WORK. AGAIN THIS MONTH BACK ON THE RISE WITH CRAZY VOLUME, LOOKING LIKE THE PHASE IS BACK ON LIKE ALWAYS !? I CAN'T TRANSFER THE CHART, DON'T KNOW WHY IT DID NOT WORK. THANK YOU FOR YOUR INPUT.
OCTI GREEN CLOSE, ALWAYS GOOD.
ICTY history is known to repeat its self, no exception here
ICTY VFIN is NOT liquidating, good news
the last sell at 3 is like worth $12 LOL funny game being played...
ICTY lets not forget that each run in the past took over a month to complete, did not happened over night. so patience and it will come.
USEI steady bid support, nice to see.Informed Traders know what is coming
USEI good runforfun, always nice when when you hear profit was made.
you cant go broke when you take profit !
USEI support staying strong. means what it means...good days ahead !
OCTI sellers are holding on to their position cause they KNOW what it will be worth soon, and buyers want in on the cheap, patient because no pressure is on yet. It will all change real soon !
OCTI nobody is willing to move ... funny
USEI BARCHART shows strong buy opinion
USEI staying strong, getting ready for the next run
USEI superb share structure makes it move real strong on small volume! when news hit,we are off to the races...
USEI no need to flip this one, much better gains to come very shortly
OCTI showing a solid bid support
OCTI is getting ready to rock !!
USEI slowly letting go of the small time flippers while maintaining a solid base....will be perfect for the next news
URHN do you mean the MMs post the wrong value on purpose ? do you know what they gain from this ?
USEI its true that it only started to move recently, it was rather dormant for a long time. But we still appreciate inputs, especially (for me at least) on the technicals. I believe charts know and its always nice to see one posted with comments.
USEI the chart looks good, what is your view on it Kiremagnus ?
MCBN on the OTC market MM don't have to show the size. they will hide it if it plays in their favor. Part of the game.
URHN already going up again !!
URHN already showing signs of selling slowing down. Its a good chance to get in cheap right here
URHN sellers could be the ones that have been stuck for long and are seeing a way out... if so it will resume and go up, especially if PR hits !!
I like the SOS CHANGES link. quick and practical.
T53 excellent. they have a link to their sister site,it is called "SOS CHANGES". on sos changes they list all status changes only and no need to make any search. its all listed by date and real practical.
http://investorshub.advfn.com/boards/board.aspx?board_id=18534
T53 if you find a scan all for re-reinstatement, please share. The only way i know is by going to otcmarket.com and under: all market/corporation action tab you have the info about status changes, but it is not so accurate i find...
T53 this link is for Nevada's state corporations only.
Board marked ...
USEI L2: LOOK AT THE TRADES THAT HAVE SOLD ON THE BID AND YOU WILL SEE IT IS ALL FROM SMALL RETAIL, NO BIG MM OR BIG BLOCKS. ITS BASICALLY IMPATIENT RETAIL GIVING UP FOR A SMALL SLICE OF PROFIT FROM THE LATEST RUN. TYPICAL SCENARIO WHEN YOU SEE SMALL CHANGES IN THE PPS ON NO VOLUME. IT MEANS THE BIG GUYS ARE HOLDING ON AND THAT IS GOOD NEWS. PLUS PLUS: ABSOLUTELY NO DILUTION FROM THE COMPANY
USEI WE HAVE GREAT NEWS, CONTRACTS, DELIVERIES OF GOODS, MORE NEWS TO COME, A RISE OF THE PPS, A CEO THAT DELIVERS, A COMPANY THAT WOKE UP FROM THE DEAD AND HAS GROWN MORE THAN %5000 IN JUST A VERY SHORT AMOUNT OF TIME AND SO ON.... I'M HAPPY WITH THIS AND WISH TO CONCENTRATE ON MY ABILITY TO TRADE, NOT WASTE TIME WITH NEVER ENDING NEGATIVITY.
USEI - its also possible that the Russians will invade the US this weekend .... look, everything is possible but if we all start living on possibilities based on conspiracy theories then lets all stay home and lock ourselves up right now just in case...
Trade the stock not the man!!! and if you really don't like this stock then move on to another one and so be it .
Point is Mr. Miller answered without denials and validated what counts and lets capitalize on that, not the possibilities of a skeleton in the closet.
Now i have done an extensive DD on BULOVA TECH LAB as well and i don't have time to educate you on it right now, but will be back to it later. There is the entire story available on the transaction on the net so please start looking and lets share findings later. Happy trading.