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Nice talk which i "respond" here between benny and some critical guy robert on the toxic note and dilution from 2 years ago. Benny claim AS will increased to 10B shares. what the f***
Made an post to otcmarket (issuers@otcmarkets.com) and sec to look at aabb at a deeper level. The financials (10Qs and 10Ks) are false because, there is no majority owners (for exapmle last 10Q section 7 page 22 and 23). But when there is no majority owner, who hired the new management. Why are there no annual shareholder meetings? Further there is a false reporting of the conversion price (section 5 page 21):
On January 15, 2016, the Company received $311,000 from Whitecastle Capital Corp. for a convertible note with an interest rate of 8% per annum and has conversion price of $0.05, after a 2 year period, and a 4 year term to maturity. At the option of the holder, the note was increased by $600,000 in 2020. As of September 30, 2021, 2021, the total amount of the debt
outstanding with accrued interest was $727,606.
But we know conversion is at 0.0004 (for example - equity statement page 16):
Shares issued for convertible debt
reduction at $.0004 per share on
July 2, 2021
A lot of ppl made an investment decision for an conversion price of 5 cents and not 0.0004. Because conversion at 0.0004 means that Clive will get 2B more shares. But there is also an interest rate of 8%, this means Clive will get another shares maybe millions or billions only because of interest. Even if they retire more than 1B shares (I dont know how), the toxic note will deliver clive additional billions of shares.
A lot of ppl claim that clive is some Snyder? If this is true, they made an additional false reporting (why should snyder come here under a different name?)? Next topic some ppl and benny too, claim clive isnt selling. Clive got almost 1B shares (which equals 100M usd at an average price of 10 cents). But if he didnt sell, he would be a related party who owns more than 5% OS (section 7 page 22 and 23) But there is not clive which means he must sold. Some ppl. claim he could sold to a subsidiary or his kids, but to be honest, there must alot of ppl included to get an ownership of less than 5%. Makes no sense. By the way this would be a tax issue. Further with this toxic note the management is not aligned with the shareholders because the 100M usd which Clive get could also be invested in the Company. And for 100M you could get a cool exchange with some crypto mining stuff. So you see all the theorys about snyder makes no sense and if true they would be not legal.
This stocks reminds me to magnegas/taronis. only pump and dump
Nope! Luckin got delisted and tumbled around 2-4 dollars. Then audit announcement and audit! Look where they are now. An audit isn’t a bad thing for an otc pink. What do you have against An audit?
For the ones think an audit in stinky pinky land is not valuable have a look at Luckin coffee. After their fraud price tanked under one dollar and they hadn’t an audit for almost two years. Have a look where the price is now with an audit! Btw they plan to uplist on a major us exchange (with an audit). Yeah folks i know there is no audit required in pinky stinky land.
But how many ppl have a bag who got trapped by pumpers and have not the luck to get in so early
0.08 is the next step...but to be honest i think it is going below 0.01. no more catalyst. a not selling token, crappy exchange (without marketing *lol*), toxic note with endless dilution, no audit and false 10q/10k in the past. no visible ceo. too many red flags.
0.11 not far away.
I dont get it. The claim to have round about 70M USD in cash and of 9/30/21. An audit cost 50k usd a year wich is peanuts for aabb if they would have the money. but i think they dont have the money. Thats the reason why they bought the tiny bonanza mine with shares worth of 4M Usd. BTW how hany shares they gave away for the bonanza mine? 100M shares? An audit would also bring clearence to the toxic note. What is the real conversion price (its definitely not 0.05, its 0.0004) Who is the majority owner? Right now there is no majority owner in the related party section of 10Q/10K which cant be. How hired the management, why wasnt there a shareholder meeting for approval. There are so many fishy thinks which could be cleared with an audit and you all claimed an audit is not necessary for otc pinks. But is that your claim to aabb a pinky stinky? Without an audit it will go below 0.1 maby back to under 0.01. It will not get uplisted to see dollarland. An audit is inevitable.
Audit is always a good thing. What do you have against an audit? Do you don’t like transparency?
Yes it’s down almost 70 percent from the pre exchange launch pump. This is hissing to 1 cent
And that’s the reason why 90% of otc stocks are stinky pinky pennyflipper stocks
No pumping catalysts left. Only one direction down
Yes the one without an certification like certik
Have a look at the share price! That’s the reason why it needs an audit
Do not understand the power of an audit.
Gold Token isn’t selling anymore since weeks. No marketing, no trust without audit if it is real backed by gold. No certified exchange.
But it would gain trust and increase shareholder value at much cheaper cost than a significant share retirement. Makes no sense
You have to ask why they wanna do an audit! They claim they have so much money so the audit fees would be peanuts. So why no audit
Haha probably another LoI from a crappy mine
Benny tell about the reasons why Aabb won’t do an audit! They have enough cash for an audit which will cost 50K - 100k usd. These are peanuts for a company which claimed to have 70M usd in cash. What are they hitting? Maybe they have no cash and the sale of the guerro gold mine was fake and the toxic note is their money machine? No audit makes no sense especially with their past.
Ok then increasing AS. Most probably to 10B shares. It’s a dilution machine as it best. Clive says thx for your money
No audit, further dilution from Clive with the toxic note. Imminent RS or increasing AS. No way to invest in this scam. No trust
If this is true then no hope for Aabb to gain trust and an uplisting. No institutional investors, further nekkid shorting. Will always be a stinky pinky. But it’s okay ppl know the truth now and should not invest in AABB. Thx to be honest.
Imminent RS on the way! Ratio 1:100 will give you your 5 USD
Yes after the imminent RS
So true From dee bee yahoo finance
Why the death spiral here? Slow but steady, down and down, the aa bb pink pumper falls from the sky.
Why? Is it the Russian Perkscoin guys controlling the exchange? Is it the 1 man operation in Vegas where the hats belonging to ceo, cfo, coo, cob and receptionist are all worn by 1 guy? Is it the 2 billion shares priced under 1 cent and given to insiders? Is it the joke of an exchange that's charging high fees and runs on 1993 Norton free version virus protection? Could it be the unverified gold bars supposedly backing the coins which will never be worth more than the daily price of 1/10 of a gram of gold?
It sure isn't spiraling down because of the gif's of little pink ponies galloping in fields of gold coins. And I doubt it's the gif's of rocket ships blasting off to the golden moon. That stuff always lures new buyers.
Maybe it's the fact that aa bb is a nothing burger topped with pumper sauce sitting on a golden whole cheat bun. Yum.
Maybe it's the alleged gold mine on land the size of a post-it-note in Mex.
Or, perhaps it's that operations hub in El Salv. The geothermal power plant controlling the aa bb flip phone exchange and bitcoin mining factory with rows of super computers wasn't plugged in?
Somebody needs to wake up the pumpers. They can fix things. It's only 4:30 in Moscow. A quick call and maybe someone there can fix things so we get a few cent pop today.
Share retirement of a few shares after huge dilution because of Clive and his toxic note.
Heard about a lot of complaints reached to sec. We will see an investigation for sure.
Yes I know imminent RS 1:100 in the making. You will get your dollars soon
I know audit financials and Nasdaq will be only a dream for the kids
Only way to get right on track and earn trust is an audit and an uplisting to Nasdaq. If this don’t happens no early retirement now think about how possible this will be after fake mgmt, toxic note and a lot of cancelled audits.
ufff no new pairs today??? its interesting to see that ppl think they will get more (big) news til friday. you know what happened friday EOD --> sell off. That happens wif pumper like benny create to high expectations.
True! They would only gain confidence with an audit and uplisting. But this will never happened as past showed. How to trust a company which lied about their mgmt and has such a toxic note in their books.
It s down more than 50% since exchange release. It’s not the market makers it’s pump and dump
Aabb isn’t an investment it’s a swing gamble. That’s it
It’s not manipulation. Ppl thought huge PR with share retirement and crypto mining or even an audit and then this fluff :-o ppl sell because they don’t trust and see no progress and that’s with the toxic note in the back which will dilute at least 2B more shares. Tell me why should someone take the risk for this crappy Mexican amateur stock? It’s not a sillicon valley tech stock it’s simply a scam.
Ufff its red. how could that be with this amazing news *lol*
No share retirement news. You will get an RS or increasing AS to 10B shares. Clive is waiting for you
Again fluff news. No mention of the integration of the exchange in the app and you know when they say weeks for the other pairs they mean months. Sorry