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I think everyone is waiting on news or the stop sign being removed. I will hold till then. Hopefully they will bring news out soon.
NECA Starting to look good again
Waiting on this train to start going. also .0005 is the bottom and probably going to be hard to get because everyone seems to be holding and waiting.
Two things we need. Stop sign removed and news to along with it.
Seems Nite will not let the this move past .0007. Every time this clears .0007, more gets put up. There must be a reason they want this below or at .0007 today.
Wow thats a big split. This could be good or bad. The amount of stock is now low after the split but thats if they dont add shares on the back end after the split. Plus this should be above .10 after the split correct? Hopefully we will get a reason for this..........
I don't think so.. Spending the money just to keep current and everything else would be a waste. If he doesn't report this quarters financials then we might be in trouble.
Just to let you know JT said they will be submitting the paperwork to the SEC in 7 to 10 day. This does not mean it will be approved in 7 to 10 days. Its going to take more time. SEC will look through the paperwork and probably keep finding something they need until they are ready to approve it. Got to learn how audits work. Been through a few and its not fast at all.
I look at it this way. He submitted the audit once and the sec needed more paper work. After getting it all collected now there sending it back which is what should have been done last week. Now if he has submitted everything including the rest of the paper work that the SEC was looking for, then now its another wait game on when the SEC finalizes it. Audits are not fast. Some are looked over multiple times before there approved. If he submitted like he said then its up to the SEC and there timeframe which is unknown. We could be waiting a little bit but in the end it should be finished fairly soon.
The only way to see this move right now is if there is more .0001 bids. It will take at least a 100million on the .0001's to apply any pressure on the .0002s. Its good to see interest and some bids but its going to take a lot more than this. :)
From the report looks like the float is about 3.3b. 6.2b outstanding and 2.9b restrictive. If we do get something it wouldn't take much to move. That's if we get something.
I think that he is getting everything done all at once. He is getting audits completed plus whatever deals he made with anther company. This way it will be pushed out in one big PR. Thats alot of paper work and negotiating and im sure he is ready for it to be done. Thats probably why its taking so long.
If the bid can keep growing and not get knocked down, then we might be on the start of a move. The issue is if we can keep from getting knock down. Its going to take a large bid and some pressure for people to start making this move. Its hard to move something when we dont have enough force to move it.
The error was in the share structure. It went back to the original 6.2b shares. The first report had 6.9b which was an error. That leaves 800m somewhere, 2.8b with jt, and 3.4b to everyone else. In reality that is not bad at all compared to others
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The only difference I see in the filings is structure change. it went from over 6.2b os to a little lower than 7b os. Then you subtract the 2.8b that the ceo has and then we really have 4.2b shares that out there
I figured that the audit would take longer. Audits are slow and a pain. Plus getting all the paper work from yrs past was a pain as well. Hopefully all of it gets cleared and finalized. Once that happens we will see where he takes the stock. Hopefully somewhere nice :)
I laugh at all the ones saying an audit shouldnt take this long. Has anyone here ever run a business where you had an audit especially during tax season. I have and trust me even a small business it could take months. The reason is most audits go back several yrs. UNQT has been around a while even though its has changed over the course of a yr. I am suspecting the SEC is going back several yrs worth of information. What this audit will do is clear unqt of any issues it may have or did have in the past. This would allow it to be in a better position to get involved with other companies. I wouldnt think anyone would do this if it hasnt have someone looking to bring something into unqt. If i was company looking to merge i would have the sec audit the company as well so i think we will get all the news in due time. Its just a wait and see. Also if this was a scam i would see more dilution and then a R/S and more dilution and that hasnt happend. I would suggest get a position and stay put.
That's funny. I do believe you said the same thing before it went current. Looks like you will be wrong again. Audit news will come and we will see this thing move.
Here is what i see in this stock. Right now as its sits the company is really nothing except for metal trader with a website. Which is ok if they are making any from it. On a side note i dont think the audit would have ever been done if someone wasnt interested. If thats the case then hopefully we get a good company that has done well and make this thing really go. Its a wait and see thing but its worth the gamble to get in right now before its really to late.
Now the .0001s have bid support. I wouldnt be surprised to see the .0002s go out this week or even the .0003s. The news today just got us the support the next PR should make this stock move and hopefully move quickly.
Looks like pressure is starting to build. Looks like this will pop. Someone will move and take down to .0002s its just a matter of who. :)
Wow took my eye off this and then came back to be surprised by this. Looks like .0001s might be over with. Bid keeps building. If the bid gets even higher then .0002 will start. Hopefully vndm will leave and let it run.
I understand that but this is penny land. You need a strong base before anyone will start moving this to a higher pps as well. 3million shares is not enough of a base to support any volume or run. There needs to be bids that amount to 100million or more to at least for anyone to start buying .0002's. So for this to move the bid needs to grow. This will help with movement. It wont move until that happens. People will sit at .0001s till the pressure builds and right now there is no pressure.
Right now for anyone to know where this is going we need to start seeing the bid get higher. Once we start seeing that then the pressure for people to start buying .0002's will emerge. Right now the bid is low. we need it at the same level or higher than the .0002's ask
I wonder how much VNDM has left? I believe we might find out soon enough. Hopefully most of what they have is gone.
VNDM has been there with 20 million most the day at .0001. There has to be more than that because we been sitting with 31million left for most the day with no change. Even with the high volume there has been no change to whats left.
I wonder how many .0001s are left. The volume is the highest its been in a while. There most be some news coming somewhere though because its odd to see volume like this with no news. Watching and wondering.
Yep I have been reading and researching. I can see between the last two quarters that they went from doing a little something to doing nothing. Also how can you explain the metals website going down, the financials showing nothing this quarter, and nothing but worthless Pr. Now if he does audit fins and gets a partnership, then we might have something. It's if this happens. I think the partnership thing might be a way of selling out or getting bought out IMO. In a way this stock has potential but the days with no bids show no interest in this stock for the near future. Either way I'm stuck to see what happens.
Looks like otcmarkets has the updated share structure. 6.2 billion outstanding out of 7 billion. My guess there is nothing here anymore. The best thing for us is to hope someone buys this thing.
Looking at the financials, it seems there is nothing to this company at all. Metal traders looks to be nothing now because website is gone. My guess is that jt is getting all the financials done and saying there are companies interested to just to have news. My next thought is what if he did all of this so that he could make it attractive enough to sell to a company who wants to start up.
The only issue i see right now is how many of those shares are restricted. Thats the question i would be asking. They said there restricted but how many. All 7 billion added would be nice but it could be 6.5 billion. Also for how long are they restricted for. I know by 144b its one yr so i wonder what will happen in a yr when the restriction is off on those shares. Those have to be answered because i can see a R/S happening within a few yrs after they get everything they need to make a strong company.
The problem i have is not the people who wont to keep them or not. Its the fact that in a yr or two the company can pull a r/s on us and redo the share structure which generally is not in the favor of current holders only the directors or people close to them. Now grant it i think this can still get to 1 cent without issue and im in it just incase. I just know that the A/S increase could have been told through a pr with a better explaination. The share were added on the 7th they tweeted on the 10th of no change. Means they didnt want us to know.
The only issues i have with this stock is that they didnt say a word about the A/S increase until investors found out on there own. This to me should have been at least had a PR explaining that. Next is the 144b is for a year of restriction. Now that doesnt mean that in a yr those shares are coming back as dilution. They could but we need to know the restrictions of the shares to the people they give them to. What i see is that after they get everything in line and all the other things going after a yr or two we will see a R/S. With 10billion shares they will have to in the future if they want to keep going into better otc markets.
To let you know they do know about the 1 cent minimum and the 30 day requirement to the qb. Getting audited fins and getting ready for qb is just the start. Some say why now because they are no where near 1cent. Well it means somewhere down the line in the next few months they are going to push this past 1 cent. How who knows but if they are going to get everything audited and spend the money to get those audited then we all know something is coming to make this 1 cent.
Looks like its thinned out that if we take out the 9s today we will be set up for a great run. Thats if the whacking is done.
I think .0007 is a good place to buy. If everyone at .0006 would move up, then we might see those .0008s get smaller.
If we get the .0008s bought up today, we might be able to move. Now thats if it doesn't get whacked down again.
There are other ways to get to .01 without issue. I know of a few stocks that are above .01 with worse A/S and O/S than this. You can say this needs a R/S but its not the only option either. With money and revenue they could also buy and retire stock too.
Yea they need to move up. I believe thats the place where you will get shares if you need them. I also believe the seller is about to be gone because it looks like his stash is getting smaller and smaller. This could be close to to start moving up again.
If we can take down the .0008s today and whatever .0009 has we will be in great shape. This is getting held down for a reason and it was evident yesterday after the whack. We ran up to .001 and then bang 20 million and 12 million whacks. It will take a strong buying effort right now to really put the pressure on.
They said no R/S. Although its possible to get to .01 without a R/S. There are several stocks in the .01 or higher range with higher O/S