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Love it..no volume day. Never lose money that way..LOL!
$16K dollars traded today and everyone trying to talk about dilution as the culprit here. No volume... means MMs are manipulating here or a few fools are selling..take your pick
Good catch on that DD. I read Form 4 on there and it appears the transaction reported was at $.079..not his WA which I don't see disclosed.
However, why would he buy shares at $.079 ...? Was he trying to avg down at the time or was there another purpose..hard to tell.
One of my favorite parts of this post is as follows
"Ethema Health's CEO owns 80.4M $GRST shares @ $0.079 PPS"
So if you're looking at a PT...should be more than 8 cents for the CEO to make money on those shares.
Could be a CCP investment vehicle to acquire energy resources in this country. Perhaps that's why so secretive here perhaps.
I've been patient before with other OTC tickers that had much less going for it than this one..and still made decent money on them. Patience is the key here..again if you know what you own through DD...generally speaking you should not fear price fluctuations in the short term. It's only when you don't have that certainty or management misses key milestones consistently for some time..that you begin to play it more cautiously..more like what happens in P&D's
Wish it had been me that added...busy with work to watch earlier.
I get it that some investors here have been here awhile and getting frustrated. But as you said...stocks don't go up when you want them to.
If you believe that an OTC with a market cap of approx $10M now owns 75% of a treatment hospital that will be worth millions in sales going forward...then you have nothing to worry about. At some point that reality will catch up with the valuation and market cap will reflect that.
Who would sell at this level?? Not surprised
Pumping CEOs can often be the ones with nothing really to offer in their business...so I prefer the quiet ones that deliver on their promises and have a business behind their PRs when they do communicate
Essentially trading sideways until the next PR. It's accumulaion time for those that have the dry powder to do it.
Maybe this guy is our CEO?? He has connections that include Xi Jinping.
https://www.forbes.com/profile/chen-jianming/?sh=2322b2115f08
No idea what's going on here. I've already written this one off a total loss by year end ..so anything that they come up with before then is upside in my mind at this point. We will see.
Absolutely true...some bloated pigs out there in the OTCs that are bought and even some money makers...many without a real business operation..just ideas and/or websites with promises for future results
This is NOT a current O/S This is just to show that even if we GROSSLY increase O/S, this ticker still worth many times today's prices...so all the talk about dilution is pretty irrelevant because we are so undervalued now.
Anybody have the latest O/S #s here to prove him wrong or otherwise?
Also watch the O/S closely going forward, they have approval for up to 20BN shares issued.
In the meantime if you know what you own..accumulate the hell out of this at these prices. Cashflow positive treatment center will add $$$ to top and bottom line going forward
Even if you divide this low end PPS target by 3 to take into account up to 5.4 BN shares (2X todays OS)..still talking about $.04 per share or 10X today's PPS on the LOW END.
I just hit him up for one of his 300K blocks to add to my stash.
MMs are great a manipulating low volume tickers ...they get shtted on when the volume spikes and buyers rush in..nothing they can do when that happens typically but ride it out. Hoping we get that rush here soon with some big news.
Keep adding today..another 1.1Million@..004. Can't help myself here given what appears to be a rock bottom price for this stock. Next PR coming soon gotta believe
Adding some more in the low 4's today. Hoping to see some news soon
I feel it..but I'd rather SEE IT..where's the PR? Need one to set up the next qtrly results after acquisition. Perhaps they are just waiting to make sure all tie i's are dotted and t's crossed.
Six month's ago price was $.0024.
1/2 billion shares later price is .0041
In between there was price peak of over .012
So dilution is the problem here?
This stock was 1.5 cents a few months ago. Hard to believe we go much lower than 4s. We will see
You think the company losing 50% of its value after closing on a cashflow positive acquisition is possible?
This has solid bid support around 4...so not sure how much lower this goes given also that with the close of the acquisition..we should start seeing top line and bottom line impacts that will drive PPS up.
Hope you are right for those still holding long here.
I sold on the eve of the meeting realizing they were not going to meet any of their milestones because otherwise volume and price in the market would have told us so. Extremely disappointing..was planning to make several hundred thousand dollars..instead had to sell for $120K profit. Thus far no milestones have been met on this merger. The only tangible results from that shareholder meeting is they now have an extra 14BN shares they can issue on APYP ticker and no merger confirmed. I will be watching this week to see if the volume and price picks up again
BTW..any valuation study of Sleep-X should have been done already if they are going to merger on July 12. It didn't say valuaiton of the new company ...it said Sleep-X..so it has to relate to the merger somehow wouldn't it?
BTW..Todd didn't confirm the merger would CLOSE on July 12..he dodged that question nicely on the call by saying paperwork should be ready.
Barry was also pretty quiet during the meeting; it was late in Israel,but nonetheless would have been nice to hear his plans for the new company when merged
Bottom line: Don't trust this management team any longer..gotta do as you say you will to earn that trust again.
Accumulated 14Million shares now feeding on these luscious 4s...hoping to see a big turnaround after financials are in
Let's hope the financial results speak for themselves shortly
How many OTCs use dilutive funding ...I'd say nearly all of them.
How many OTCs have a real facility in operation with multiple employees and a verifiable business...I'd say few.
There's your answer.
Dilutive funding is a necessary evil in the OTC...just gotta hope your DD shows that they have a real business and expanding to eventually have enough top and bottom line to support shareholder growth despite the dilution.
I've been accumulating this morning..thinking that $.004 is close to if not the bottom this will go given all the upcoming catalysts after close...what is your PT for this in 3-6 months?
Yes..garbage until proven otherwise. I guess not every R/M can work out..just made $125K on another one...so not too shabby overall
Will certainly think twice if I see Small Cap Compliance on anything going forward
Stole his shares..LOL
Slapped that ask!
Every OTC stock dilutes. That's not news
The question is ..will the dilution exceed the value added from it
In this case if they are doing it to expand operations it can be positive to a certain extent...provided those expanded operations return more profit to the companie's bottom line
I was talking about APYP..but didn't want to take an immediate 20% haircut guessing that without the volume trading or gap up leading up to the meeting they were not going to meet any of their deliverables (no merger close or website yet)...doesn't mean I won't look at it again especially if I see volume representing the likelihood that July 12 they will complete their merger.
Good luck in that investment BTW
Thanks. Hope so. The last stock I was in just got out ..got in for four months and had to average down along the way while accumulating..eventually the DD paid off and made more than $150K (over 100% return). I actually had hopes to have done even better, but didn't work out as I had planned..I'm a patient guy generally...wait things out until they pan out. This one looks even more promising.
That's me coming in here..did all the DD and find this ticker with great potential. Let's hope it doesn't disappoint like some of the others I've been in recently..don't get me wrong..they were good and made good coin but none can be really said to be a life changing stock investment..still looking for that one.
They waited 5+ months already. Yesterday was a disappointment. Not one dilverable that was promised was met..no merger completion, no website. Now quiet period again for two weeks while they have full authority to begin diluting the current stockholders. Not a pretty picture
hahaha!..ride the wave my friend and profit from it.