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Try to read #1474 about the Rule 144 and the reason why the company chose “Alternative Reporting” to prevent exccessive dilution. <—— about limitation of dilution to 1% of total O/S every 3-months period.
Above is the reason I belive we don’t see 100, 200, 300 million O/S right now.
Not even close, we only got 14 mil more than 03/31/2019.
On 03/31/2019 again O/S was 11,313,626 x $0.26 (per share) = $2,941,542 market cap
Right now on 09/22/2019 O/S is 25,827,898 x $0.014 (per share) = $361,590 market cap
Now that O/S is close to 26mil approx, we should be trading at $0.115 approx to be at $3 mil market cap approx.
Still totally undervalued at the moment.
Yes, as most of us knew.
Please note the O/S count
as of 12/31/2019 was 17,957,618
as of 03/31/2019 was 11,313,626 (reduced from directors cancelling their shares)
as of 9/13/2019 was 19,000,000 (forgot exact number)
and finally now 09/22/2019 is 25,827,898
My calculation from looking at the number of conv note holders and applying the dilution limit of 1% of total O/S per 3 month period indicates dilution is ending if not ended. (for now at least)
And also note the dilution is already reflected in the pps.
O/S Updated on otcmarkets.
O/S 09/22/2019 = 25,827,898
In case someone missed it.
Replying to my previous post about expected O/S increase.
Certainly looks better than past few trading sessions. Good weeks ahead of us !
Have a good weekend all
Word~ good to know you are still backing this up !
Slap them ask !!
You already have plenty put in here i know. Too bad you and I couldn’t add for alot cheaper right in front of our eyes.
Even though i averaged down after averaging down, i am still red bigly.
However, i am not concerned a bit here. You know how fast this moves with volume, don’t you?
Even on a slow day, 1 tick moves us 10-20% up and down just like that.
If you have seen the action the other day, you know we can go up half a cent in 1-2 tick, should not be worried at all, imo.
That’s what I think too trust me.
But people that do not know every bit of details of what is going on, would only see that as a pump.
Let’s get to 0.15, then I will be saying $1
If the anticipated revenue from the $10+ mil royalty contract starts to print on report, which validates the deal was true and on-going, this will go much higher.
$10 mil was only for the first 3 years.
You know how the calculation goes
Anywhere from 20x 35x the annual net / O/S count.
But I do not want to say $1 because it sounds like a pump if said now.
Let’s go back to $0.15 first.
That will only give us a market cap of approx $3mil.
Which I think the company’s fair market cap.
You see other shell companies with no report for years trading at $3 mil for paul’s sake..
^____^ me too i doubled my position like I said I would
1. 10-K in less than 8 days with possibly revenue from $10+ mil royalty contract finally start printing on their report.
2. Will come back to SEC reporting.
3. Debt is close to being paid off.
4. Company will start releasing pr on regular basis.
(#2 & #3 are explained in post #1474)
Yes sir ! Bout time, lol
I see that. But it will have to back off sooner than later. Delayed reaction of buying pressure will find us here soon.
I’m on my phone as usual. I am looking at limited ability with e-Trade phone app lol
$OPTI next post will be at 30% higher
$OPTI LAST CHANCE FOR CHEAPIES
$OPTI you have been warned at 0.0112 yesterday. Now at 0.0145. Next post will be at 0.022
If we clear through the CDEL wall, we move with ease to 0.021 - 0.024 area, imo.
$OPTI 0.0145 going next post you will see is at 0.022
5-day chart finally tunred bullish as of this morning. CDEL will be well taken care of. Let the buying pressure find us soon.
Yes it will. Making a big green for people who picked up last couple of days and even now. And make the bag holders get out for less loss or make some green after all, if held long enough.
CDEL shorted 417000 yesterday at 0.012 and sat at 0.011 all day to buy back. This morning it was sitting at 0.013 and now 0.0123 as we speak, pretty much cover at a loss. Also sitting at 0.0145 to short more.
Little buying pressure, then it will back off.
I now understand why the company went into “Alternative Reporting” status back in Feb, 2019.
First, I thought they were trying to save on expenses that they incur to keep on being SEC reporting.
But going back to their news and filings, i found out they did that so the “restricted” shares cannot convert into common shares and flood into market, hence affecting the pps negatively. So they did this in the means of protecting the shareholders value.
Because by company becoming non SEC reporting, the legend extends the limit of holding period from 6mo to 12mo, before the restrictive shares can resell to public.
link to voluntarily withdrawing from SEC reporting
link to terminating former TA for removing the legend for some “restrictive” security holder, therefore making it possible for some security/warrant holders to sell their “unregistered shares” into market
manipulating to make $400 from us.. sigh..
CDEL has been sitting all day at 0.0137 to short.
But since very low volume, he got impatient, and shorted into the bid at 0.012 x 427,000.
Now CDEL & CSTI are sitting at 0.011 & 0.0111 with bid totalling 427,000.
Hope nobody sells to them.
Even on a slow day like this, we are getting humiliated by the MM’s.. haha.
lol yes he did after accusing me for selling. Funny how they do that.
I am a contractor, and on a jobsite, but everything is handled, in my car outside the site. Got nothing else to do at the moment, so just looking at it from the phone.
What’s the deal with CDEL all day putting up a fake(?) ask wall ? Changing prices, and sizes.
Was it trying to short, but gave up because not enough volume?
Hmm..
$OPTI BOTTOM CONFIRMED + POISED TO RUN
$OPTI
$OPTI GOLDEN
$OPTI great opportunity
$OPTI bottom confirmed. Reversal + catalysts coming
Slap the ask. This moves fast. Yes I am talking to you bid sitting at 0.013
And welcome to OPTI !
$OPTI LOOK NO FURTHER !
$OPTI check it out !
$OPTI going to surge huge
$OPTI HIDDEN GEM
Or i guess he blocked me. lol
Not a good idea.. missing out on DD
It is true. I posted my e-mail yesterday detailing same info. It is ending and when the debt is paid off, he will release pr about company progress in regular basis to add shareholder value and bring the pps back up
I just added what I can at 0.013
lol officially all in on OPTI !!
MACD Oscillators have been tightening in 5-day chart. It will cross bullish today. Yesterday, we had 0.0027 gap, now we have 0.0007 only. And histogram about to cross over to bullish as well.
0.0006 now as i am posting. :)