dthe real myth is pure dilution kills Otc companies. massive shorting and non bonafide market makers that rule the Otc.exposing them is my life goal.
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No my friend don't fall for it this I one of the 1% that beats the corrupt system. Dilution itself usually isn't that bad but in Otc you always get dilution with heavy shorts crashes the pps even when there's no dilution the heavy shorts become keep the shareholders fooled that there's still ton of dilution short one tick up cover on tick down repeat until like most otc stocks are forced to dilute more that's when they stop shorting let pps rise even with dilution then heavy short back down cover with what's left of dilution if none then back to makeing it look like dilution with the one tick short n cover until company forced to convert more shorts then cover massive amount from when they let it run n repeat the process. Here we got the one tick Cover process but theres no more notes due till one in January that my other post at 4:20 et explains but the volume they need is April notes but there's way to much good going to come from this company that can't and will not keep it down they will be forced to squeeze and make up money with shorting the peaks of runs but I like those without them it wouldn't be so easy to double up share count the push combines profit takers shorts and ones like me that sells to double up+ my inventory some cases the same day the perfect combo of selling but add dilution with it you can get at 60% + dip before the next rip.
Add up all the default notes on the last q that ended in July. Total principle of $1,011,000 then add up all the shares and principle that they converted after July where the o/s ended at 17.9million since then if you add up the information in the 10k first and second q you will see 444/445million shares added up till today that paid total of $1,087,000 in principle and with only $1,011,000 million that was in default plus up till January note. 462 million o/s with next note January that also could be already paid as well roughly $77,000 in principle over paid for adding all notes that has conversion date of 2019 and under.
Between just nite cdel csti there trying to cover at .0002 that they shorted at .0003-.0004 they.can cover some at .0003 still be safe for profit but that big ask slap caught them not looking and they ended up with more open short positions at .0003 the .0004s they had to short now they will cover at .0003 but there will still be 250 million shares to cover at .0002 just between cdel nite csti.
Spending many many hours starting at l2 write down which mms got how many at what price then do a few equations with research+info provided by firna.
Cdel only has 2 million @ .0004 he's in real deep his buddies trying help cfgn and nite. Cdel short 150+ nite short 60+ Csti short 60+ million.
Yes indeed best thing is to just keep making them open more and more short positions before any news.
Too many brainwashed shareholders are forced to think that high volume dumps are always dilution which is why there shorted so much what's high shorting look like oh yeah dilution and what's the number 1 thing that scares the majority dilution.
To many .0004s hit trying to cover those now at .0003.
Best would be once they stack the ask on .0003 again take it out force them into more open short positions.
Yeah forces them to keep shorting cdel had to short 30 million today bid at .0002 for cdel was 120 million before the big ask slap now 154 million trying to cover at .0002.
For the bet I took that it won't be at no bid by Tuesday.
Two more trading days left to be 100% as stated over and over and over.
5 of them after the 2nd ones instantly cfgn showed up with 7 million @ .0004
Ohhh yeah there useing the .0004 buys to knock down .0003 at .00035 what a system.
Right now the corrupted system the so called bona fide market marking has always been the benefit for us market making.
Yeah and add up what's been converted already since February 434 million shares paid for $1.26 million in just principles + there interest and other fees were paid for about $1.7-$2 million total paid out.
Of course the good old monopoly of the otc would start to fill at .0002 cdel little taps pretty much saying come to me come to me.
Especially with proof on financials that $1.26 million notes have paid with 434 million shares as of November 7th.with o/s update the 20th of 355 million should be well under 550million shares heavy illegal manipulation can be proven but if you read next to impossible to prosecute market makers or sho which is third party easily bribed by market makers/brokers soo many immunities it's sick sec giving more info for shareholders to see the corruption for purpose to trade by it little sec can do can't step on there toes cuz they need them on there side too they make the market.
Ceo owns 90% preferred c shares restricted until December 2021 converts into 830million commons at 355 million o/s. There's been 434million shares converted up to Today with $1.26million principle amount paid.All in the financials shorts exposed big time reason it's been the most popular stock out if all In Otc for non ats trading highest volume and number of trades out of all Otc stocks for month of October wait till month of Novembers volume is available.
Very possible keep under billion shares with plenty of preferred c shares to offer up for cash very soon.
It would make a statement but more times then not in otc they use extension even when there ready like it's mandatory. I like when they drop the nt 10q then very next day drop the 10q keep the market on its toes.
Nice I went from about $18,000 1.5 million @ .012 now at 7.5 million @ .003 stay in trips I'll gladly get it to 12.5 million @.0023 possibly 15 million @.0018 if I get two weeks of trips. December time couple months woth of jobs to bill and collect over the next couple weeks.
On time with the 5 day extension by Friday the 20th we will get the 3rd quarter financials.
They could hit $12mill+ 2020 with just suspension kits which is about 2.5-5% of all auto parts if that $25 million very achievable for 2020 can see valuation in the $100 million club $100-999 million dollar market cap definitely by 2021 before c shares convert in Dec.
I hit it took out 5,780,420 of the .0008s they put 3 million right back up.
I'll take rest of the .0008s right now.
As much as I hate waiting i understand and at current pps it will be for the better even a run from .60 from the beginning of or the .80 I first bought with let's say 4 million o/s the possible all time peak on a good run $25pps $100 million dollar market cap 31x my investment. Now let's go with 550 million o/s and you buy .0009 the same peak would be .18 200 x your investment.
Delay was because of that couldn't get current in time happens all the time especially with reverse mergers pushes plans publicly out months to years sometimes the risk is mostly when company only has a a plan which might not be true not a business that we know is true. File December on time they will be all set to explode there business in many many ways coming into the new year.
Oh yeah no doubt stay under 550 million shares major peak target of .15-.20 with acquisitions or institutional investor.
You do know mms put up shares to short stack the ask even tho they just want to cover there position to try to push it down. Reason a lot of times when a nibble or chunk gets taken on the ask it instantly removes the rest of there ask.
Definitely going try move my bid from .0007 Down to 10 million @ .0006 I tried for .0003 before the run I'll take anything under .01 just waiting circling around.
Yes that's shorting they will stack the bids to cover at same time short on the ask to keep from going up and fill there bid to cover.
Just being cocked blocked by dilution definitely will done with dilution for the fiscal year by when the next q is due knew this would happen if they drop the q before dilution was over typical play.
There was $1.2 -1.28million worth of principle for there fiscal year. $1-$1.05 million was paid with 157shares then another 100 million shares converted at about .0007 with total share count of 265 million with $1.1 -$1.2 million paid off. add another 250-300 million at .0005 total shares count of 515-565 million shares with all notes for fiscal year paid.
And they sold enough above .0005 to still make profit selling at .0004-.0003 if they want/need too.
Not that everyone doesn't want in they want the cheapest price possible aka greed I'm a part of that too.
Thursday we had only 2.76 million volume.
The debts not killing them auditors are 99% don't want to do otc companies any more especially since the sec made it mandatory for companies to only hire out to do there audits no more ceo with a cpa able to just do there own audit any Otc company looks like waste of time anymore that's with easy ones add in complicated ones with messy books most auditors will say screw that now a days quick search shows what they make off a company on bigger exchange on top of it if the company makes more $$ auditors get more to pocket then compare it what they make on Otc companies especially pinkies. Think of all that's happening now as game plan still on just delayed a year happens a lot there's no company going to say we're delayed a year and going to have to dilute and convert notes this year or needed to create better pps for financing. Silence is always the way to go in these situations surprisingly out of all the options it does keep the pps high as possible during dilution. The pps would have been at triple 0's before the o/s would hit 100-150 million if they hinted a delay or dilution.The under .01 slam was helped with shorts from $1-.01 there was no shorts the day went below .01 was the time shorts started and never left up to today. Only about 200 million shares or less under an average of.01 that's only $2 million dollars worth of trading without dilution to be able to hit .01+ which is nothing we can get a week + of million dollar trading days which happens all the time with companies with alot worse if any financials. Would take 4 -5 billion shares o/s to make a run too .01 seem impossible.
Shorts covering forcing dilution to sell lower then they want if they want to dump definitely sold enough above .0005 for them to still make profit selling under .0005 time for me to put a 5-7 million fresh start bid at .0003 I'm Down almost $20,000 average in .01 range not afraid it will hit there again just want it to be a really profitable range not just breakeven.
With 500-600million o/ s and everything happens that should of this year .05-.10 December-may.