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Breaking Down
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126287514
Beware of those who hang on for hope that the pump-n-dump scheme can retain some traction. Hoping for that next pr. Hoping for that next collaboration. Hoping for more Forward-Looking Statements. Tricks to fake others out of their money, as to get back what was taken.
JMO
More Selling And Dilution
This Year's OS Increases
Outstanding Shares Jan 01 = 206,130,282
Outstanding Shares Jun 30 = 228,418,370
Outstanding Shares Sep 30 = 253,364,428 *
* as stated in the just released 10-Q
OS increase of 47,234,146 shares Jan - Sept.
The Float may have jumped from 75 to 130M.
And I estimate another 21,000,000 shares have
been added since then, during Oct and Nov so far.
That would bring the OS up to about 274,364,428 .
I would not doubt that it hits 300,000,000 by eoy.
The Insider Hits Keep Coming
Oct 14 - Maxwell Pte Ltd - Sold = 2,300,000 shares
Nov 01 - John Melo, CEO - Sold = 37,580 shares
Nov 01 - J Cherry, Pres R&D - Sold = 9,301 shares
Nov 03 - Maxwell Pte Ltd - Sold = 2,611,233 Shares
Nov 03 - An additional 35,000 more shares of dilution
through a restricted stock award via the employment
stock plan. Which are not purchased on the open market,
but once vested it may be sold by diluting into the OS.
And Just Released Today
Nov 7 & 8 - Maxwell Pte Ltd - Sold = 333,811 Shares
A 'Viscous' Circle
This Might Help
RE: "viscous circle"
Think of it as crap going down a toilet.
EOM
Revenues Are Eaten Up
That's right. Revenues are eaten up faster than they can come in. That's why the company had to trick investors. And they needed to do it fast. The company knew that if they did not get this over a dollar for ten days prior to the quarter report, that they would not have the chance again.
So they concocted a pump-n-dump campaign scheme. A scheme supported by repetitive and amplified stories of grandeur. "This quarter will be profitable"... some yelled. "No dilution"... some screamed. "They're saving lives"... some claimed. But millions and millions of revenues, are gone. Millions and millions of investors money, are gone. Lives have been destroyed... not saved. And so they take on the accomplishments of others, only to fool you. Skewed conclusions that are nothing more than far-fetched and unethical false self-promotions.
Meanwhile, those in the loop take your money. Insiders sell and dilute their shares. ATM dilution goes into full throttle. Convertible notes diluted into common shares. Warrants diluted into common shares. Rampant, rampant dilution. All layered on top off the constant devouring of any and all revenues. All toxic.
They had to do it. They had to do it before you found out. They had to do it before you found out there were no profits. The had to do it before you found out massive dilution was taking place. They had to do it before you found out there were no good deals. They had to do it before you found out the EPS was approaching negative infinity... instead of the other way around. At least you thought it would be a negative 2 cents. But it was a negative 8 cents. What happened? Well, you know what happened. Now the red ink has spilled out and onto the streets.
Beware of those that still hang on for hope that the pump-n-dump scheme will retain some traction. Hoping for that next pr. Hoping for that next collaboration. Hoping for more Forward-Looking Statements to trick others out of their money, as to get back what was taken. And yet, just another viscous circle.
J M O
More Insider Selling And Dilution
As previously posted :
On Oct 18 a Form-4 was released stating that on
Oct 14, 2016 - Maxwell Pte Ltd - Sold 2,300,000 Shares
And now this is new :
On Nov 7 a Form-4 is released stating that on
Nov 3, 2016 - Maxwell Pte Ltd - Sold 2,611,233 Shares
That's about 5,000,000 additional shares that were sold
and diluted into the Float in just the past couple weeks.
And On Nov 3 an additional 35K more shares of dilution
through a restricted stock award via the employment
stock plan. Which are not purchased on the open market.
So What's Up ?
I see all of this cut-n-pasting about things that have nothing
to do with the company, but yet... somehow this is missed ?
JMO
Will Break Support
Looking at the Daily Chart:
200-MA Resistance around 0.80
50-MA Support around 0.67
Trend Line Support areas around
0.60 ... then 0.50 ... then 0.40
Accum/Dist is very low as it has failed
before, during, and after this total
orchestration began ... not good
Fundamental headwinds continue
to overrule all schemes of hope
EOM
AMRS & Kmart
http://www.freep.com/story/money/business/2016/09/11/bankruptcy-again-kmart/90118240/
(copy the link)
There Is No Connection
edited...
We think it is confusing when this company forms small, and virtually non-profit collaborations, with a few larger companies. And then tries to mislead investors with clever wordings. The same wordings that some smaller companies use while utilizing those 'Forward-Looking Statement' clauses. Wordings with vague claims that make it sound like the smaller company is actually taking on, and thus automatically making or "Falsely Inheriting" the same achievements as the bigger or more established company. When these skewed conclusions could actually be nothing more than a far-fetched and unethical false self-promotion of itself.
JMO
You Just Proved The Point
With Cut-n-Paste Redundancies
Here are the Cut-n-Paste facts:
And in the process... this company continues to pile on more enormous bad debt, give-away collaborations, massive dilution, convertible notes, warrants, etc.
Misguided investors expected a profit, a positive EPS, and no dilution. But what they got was the complete opposite. As the company proves their insatiable appetite for eating up any and all revenues that come their way.
EOM
Bad Deals
This company does not save lives. They offer an alternative source, regarding the vast amounts of molecules that Other Companies may go through when doing their own research or making their own end products, etc.
And those Other-Companies could otherwise just keep getting the same "real" or "natural" molecules they need from their other existing suppliers.
It is not ethical to try and blend what this company does into speculations as to what Other-Companies could or could not do. As if they are both one in the same, just for a self promotional purpose or opinion.
What the company does... is try to develop a substitute or synthetic-like molecule to match ones that may already exist in nature. By a process that may either be less toxic or less expensive for an end user, depending on the type of deal or collaboration that is made. That's what the company does. They don't save lives.
It would be those Other-Companies that would actually be doing any research or trials or whatever, which may or may not lead to something beneficial. All this company does is try to synthetically replicate existing natural molecules that Others-Companies could use, and then tries to sell it to them.
Meanwhile, it seems that sources are putting-together investors and confusing them with mixed-up Forward-Looking Statements. Trying to "blend" a company as if it were something it's not.
And in the process... this company continues to pile on more enormous bad debt, give-away collaborations, massive dilution, convertible notes, warrants, etc.
Misguided investors expected a profit, a positive EPS, and no dilution. But what they got was the complete opposite, as the company proves their insatiable appetite for eating up any and all revenues that come their way.
JMO
The Dilution Continues
Recently, in addition to a whole bunch more . . .
Nov 4 Form-D
Issue size = Declined to disclose
The type of securities offered = Debt
Offering and Sales Amount = $6,000,000
( that's probably around an additional 6,000,000 shares
of additional dilution... and it keeps piling up over time )
And They're Not Buying - They Are Selling
Nov 1, 2016 - John Melo, CEO - Sells = 37,580 shares
Nov 1, 2016 --- Joel Cherry, Pes R&D - Sells = 9,301 shares
Oct 18, 2016 --- Maxwell Pte Ltd - Sells = 2,300,000 shares
What Is Real
People do need to step back and look at the big picture. Like the continuing dilution, bad debt, give-away deals, convertible notes, warrants, etc... Because it's much bigger than huge, it's waaay more huge than gigantic, and it's definitely unprecedented is scope...
And That Is Real... just like the word "collusion" .
And Watch Out
Because I really don't think this Company
will be - Saving The World - anytime soon.
Possible Collusion
If certain "entities" were found to support the price under any fraudulent activities or secret agreements over a selected period of time, it could be debated as collusion. Also, if those "entities" utilized any ATM activities during a specific time frame, it could also be debated in the court of law as an attempt to disrupt or manipulate a particular market. It is possible that there are more than a few investors that may feel that this may be the case. Some may perhaps feel "taken" by certain possible or non-ethical activities.
JMO
Forward-Looking Statements
The "Promotional Campaign" is solely reliant and based on "Forward-Looking Statements" by ALL parties involved. Any Collaboration Revenues are tied to more debt, convertible notes, and warrants, etc. They are all dilutive and toxic, and basically "give-away" the Company in order for it to stay alive.
These "extra" revenues have not, and will, not help the bottom line. An increased Negative 8 Cent EPS, with Huge and continuing Dilution, is the only "Surprise" that happened instead. And these type of revenues are only a "blip". The real and sustaining revenues are flat to lower.
<< ... due to the very low negative EPS surprise and the verification of dilution, added to the obvious additional dilution that may have just taken place during October, plus the awareness now of all the "inner-workings" of the company, as well as an intent and purpose of a highly possible "promotional campaign" (which left a lot to be desired) ... this may now have the justified credibility of actually forming a triple-bottom somewhere in the low to mid 0.30's . >>
There's No Free Lunch
JMO
More Manipulation Here
It's pretty obvious, if you know what to look for. It would not be surprising to find some of those 'Securities Class Action Lawsuit' claims show up in the headlines.
I would not be buying this at the top around 0.80 cents. And I think that this "manipulated support" area around "0.67 cents" will be breached at some point as well. That will be the only thing that can break their manipulation.
JMO
RE: To Everyone Out There
" dilution is not a real thing at trading at all "
The Share Structure is one of the most important variables any Trader or Investor will consider ... Period ... AS / OS / Float / Restricted Shares / Splits / Warrants / Notes / Debt / Etc.
" just because he says it over and over again doesn't make it true or even be something that exists "
The fact is that it IS true, and that it DOES exist. What was NOT true, however, was the "over and over again" claims made during the "promotional campaign" ... touting a positive and profitable quarter with no dilution whatsoever, in which absolutely none of "THAT" was true. Among other things as well.
" The emotion of the buyers towards the stock is what caused this "
I got news for you: A certain "Vast Majority" already new that this stock was riding on nothing but HOT AIR, and had already sold out by the time others were still buying or just starting to wise up to it. That created a vacuum which sunk the ship, along with all the other relevant transparencies.
" I contacted a licensed trader at fidelity and they confirmed... "
They only thing that was confirmed, was that they had no idea or facts about what you were trying to say. If you sat down with an "experienced" Broker, and paid a consulting fee, maybe you would get an entirely different opinion.
EOM
It Is Quite Possible That
... due to the very low negative EPS surprise and the verification of dilution, added to the obvious additional dilution that may have just taken place during October, plus the awareness now of all the "inner-workings" of the company, as well as an intent and purpose of a highly possible "promotional campaign" (which left a lot to be desired) ... this may now have the justified credibility of actually forming a triple-bottom somewhere in the low to mid 0.30's .
This is where a "Play-To-Pay" situation may have reversed
into a bad "Pay-To-Play" scenario for a certain Company.
JMO
That's not the case.
0.80 isn't the bottom,
... it's the new top.
When The Games Started
When the campaign games started the EPS was (0.06) .
And the pps was in the mid 0.40's, on up to 0.50 cents.
Now, instead of being positive, the EPS has actually gone
even more negative to (0.08). And it is proven that about
21 Million shares have been diluted in the 3rd Qtr. And it
looks like an additional 21 Million again in just October,
with more to come as time goes on.
All of that dilution, ATM, debt, convertible notes, warrants,
bad 'give-away' deals ... they will always eat-up ANY and
ALL revenues. They want you to think that revenues matter.
But they don't matter. They won't matter for a very long time.
It looks like that the "complete opposite" of what was
predicted and suggested, actually happened instead.
The banter of no dilution and reaching a profit ,
has turned into more dilution and greater loses.
Was the public put-together? Were they misled?
Will there be hidden compensations to insiders ,
as retail shareholders get caught in their game?
As In The Past... Recent and future revenues, or how profit may be defined, are gross speculations that are shrouded by the Safe Harbor "Forward-Looking Statements" clause. As well as references to dilution and how it may be defined or applied.
JMO
It's Breaking Down
All that dilution, ATM, debt, convertible notes, warrants, bad 'give-away' deals ... they will always eat-up ANY and ALL revenues. They want you to think that revenues matter... But they don't matter. And they won't matter for a very, very, long time.
Expectations hoped for a Positive EPS.
But the EPS was a NEGATIVE 8 CENTS.
What happened ?
That's why they had to produce repetitive pr's, timed pr's, fluff pr's, third party "paid" blogs, etc. They had to orchestrate a campaign to suck in and use day-traders, to help get it up over $1.00, and prop it up for 10 days before the report came out.
I predict that the same entities that were pandering to drive this up, have now sold or gone short. And smart investors will wait for the risk adjustment in price, before gambling with dilution at such an unjustified and hyped-up pps.
It's Breaking Down
No matter how much desire there is for things to "appear" good, all of those things are just not that good at all... not even a wash.
EOM
What Happened ?
No matter how much desire there is for things to "appear" good, all of those things are just not that good at all... not even a wash.
EOM
Did Not Meet Any Expectations
Expectations hoped for a Positive EPS.
But the EPS was a NEGATIVE 8 CENTS.
What happened ?
Last Quarter was a little better, NEGATIVE 6 CENTS.
And with only 1/3rd the revenue. What happened ?
The propaganda claimed NO DILUTION.
But yet 21 MILLION SHARES WERE DILUTED
... just in the third Quarter. What happened ?
And another 21 MILLION SHARE DILUTION
is estimated in the 4th Qtr Month of October.
What happened ?
THAT'S 42 MILLION SHARES DILUTED SO FAR
The ATM has definitely been heavily used.
And the Quarter Report Was Not good.
What happened ?
More 'give-away' agreements and collaborations.
More of the same kind of toxic layering of debt.
That's why the EPS still went negative, even with
3 times the revenues. EPS will always go negative.
THAT'S UNBELIEVABLE - AND THAT IS NOT GOOD
No matter how much desire there is for things to appear good,
all those things are just not that good at all... not even a wash.
What happened ?
EOM
Missed EPS Estimates + More Dilution
NEGATIVE EARNINGS
Showed a loss of (0.08) per share for the 3rd Qtr.
Did not even beat their 2nd Qtr loss of (0.06) .... !
They just barely hit the lowest adjusted estimate.
HERE'S WHY
Like what was said: All that dilution, ATM, debt, convertible notes, warrants, bad 'give-away' deals ... they will always eat-up ANY and ALL revenues. They want you to think that revenues matter... but they won't matter. Not for a very, very, long time.
That's why they had to produce repetitive pr's, timed pr's, fluff pr's, third party "paid" blogs, etc. They had to orchestrate a campaign to suck in and use day-traders, to help get it up over $1.00, and prop it up for 10 days. Or, believe me, they would be in big trouble.
42 MILLION SHARE DILUTION
At the end of the 2nd Qtr June 31,
Basic Outstanding Shares were 228,418,370 .
At the end of this 3rd Qtr Sept 30,
Basic Outstanding Shares show 249,190,339 .
The Outstanding Common Shares were increased
by 21 Million Shares during the 3rd Qtr alone.
And I estimate an additional 21 Million Shares added
again for the month of October. Outlined in post #2834 .
Estimated current true Outstanding Shares are
270,190,339 . . . That's a 42 Million Share Increase
just over the past few months.
That means the Float may have jumped
from about 87 Million to 130 Million .
THEIR GAME
All of this dilution, when the claim of "No Dilution" was the name of the game. I predict that the same entities that were pandering to drive this up have now sold or gone short. And smart investors will wait for the risk adjustment in price, before gambling with dilution at such an unjustified and hyped-up pps.
JMO
What Funds
Most "Funds", if any, have most likely sold.
And it's very dangerous when only one company holds over 80% of ALL institutional holdings. And who knows how much they've sold recently.
Let's dig further . . .
27 DECREASED Positions in the same period.
- That's doubled the Increased Positions.
18 SOLD OUT Positions in the same period.
- That's almost 4 times the New Positions.
How could that be? With all that wonderful news? And there hasn't been much, or any unexpected news since.
The ATM is fired up, that's very obvious.
More notes, warrants, debt, less control, etc.
EOM
What A Mess
I believe this stock will take a dive when it becomes apparent how they worked so hard to put everyone together, while they were instead just racking up more dilution, debt, convertible notes, warrants, bad 'give-away' deals, repetitive pr's, timed pr's, fluff pr's, third party "paid" blogs, etc. It's all too obvious. It's wrong. Waaay wrong.
I predict that the same entities that were pandering to drive this up have now gone short with huge positions. And real investors will wait for a risk adjustment in price before entering at such an unjustified hyped-up pps. The Company had a program designed to suck in and use day-traders, to help get it up and prop it up for 10 days.
JMO
Wonder If Anyone Knows Dinty
But if you ask me, and I could be wrong, but something tells me that Nasdaq would make that final determination. And i'm not sure, but I think that once the Company gets an official notice from the Nasdaq, that then they would relay that notice to the public, via possibly using an 8-K. But I think they would have to hear it from the Nasdaq first. I could be wrong, but I think that's how it works. I would expect to hear something within 5 to 15 trading days. Again, not sure. Just guessing here. Total speculation on my part. The timing could also depend on whether Nasdaq uses the U.S. Mail or E-Mail, etc. And the same would apply for if they fell back under a Dollar for 30 days again as well. Maybe try Google and see what you can come up with. Also, Google the terms "Dilution" and "Convertible Notes" and "Warrants" too. Then Google "Toxic Debt" and "Toxic Financing" while you are at it. Then maybe also Google "SEC Safe Harbor & Forward-Looking Statements Clause".
Revenues - EPS - Dollar
I think it is already expected that revenues would be between $20M and $25M. That is if they received that full $15M delayed payment by Ginko from the 2nd Qtr, and if it is all included as 3rd Qtr revenue.
Normal revenues should easily be between $5M to $10M, so then add that $15M from Ginko, which then equals between $20M - $25M.
This "known" is obviously already overly-baked into the pps. The big variable that will adjust this is the Share Structure, via any unanticipated Dilution. Another big variable is the "sell on the news" possibility, as this is somewhat overheated.
Projections are a loose cannon. It is those projections that have always backfired with this Company. It was unattained projections that took this down before. Public Companies have a real tendency to always abuse that "Safe Harbor & Forward-Looking Statements" clause.
The pps is a tough call from the aspect of the unknown Share Structure, from just during any 3rd Qtr Dilution alone. Otherwise, I'm thinking it is baked-in as to being around (0.04). Analysts estimates range from (0.07) to (0.03) .
It would be interesting to see this dip below $1.00 again on Monday. Just to see what kind of repeat or fluff PR is again ready and waiting, to counter-attack that possible threat. And again, if there was no mid-term threat of achieving that mark, then why are they so nervous about it now.
JMO
Pretty Much Right
The general consensus was that there was/is no dilution. This was the montra during the run. Supported even from an SA blog, I believe. It was also claimed that the Company stated there would be no dilutive financing. So that was interpreted as in none at all. But things can change, and also be misinterpreted via the "Safe Harbor + Forward-Looking Statements" clause.
I'm sure it is possible that some may say: "Well I knew that all along". Or, "It's baked into the price now", etc. But I would view that as an attempt to discount something that wasn't originally accepted, counted on, or factored in at all. Or possibly just ignored for the sake of getting as much out of a run as possible.
EOM
October Dilution
If / When the Share Structure is disclosed in the 3rd Qtr report, it may only be for that Quarter ending and up to Sept 30th. And most likely not including the month of October. A good question would be:
What is the "Current Share Structure" as of Oct 31st ?
If they have used the ATM at 15% of the daily volume for that month alone, that would be about 21,000,000 shares added to the OS and Float for just the month of October.
If you use the average selling price of 0.80 cents(?), regarding just the ATM portion of 21M shares for any October ATM Dilution, that would equal almost a $17M portion of the $50M ATM Cap from last March.
So While Speculating: Starting from June 1st, when I think they started using the ATM and on into the present date, they may have already tapped into about $30M Dollars of that $50M Dollar ATM Cap. And now using an overall average pps of around $0.75 Cents, that's about 40,000,000 diluted shares alone just through the ATM since June. And if you add in any previous Warrants and any Convertible notes that may come into play, that number could rise closer to 60,000,000 shares.
My numbers and reasoning could be a little off. But I am certain that there has been a large degree of dilution since June, as opposed to the current belief that there has been none at all.
JMO
More Tricky Stuff
Pretty good timing again, with a fluffy pr. Makes me think that if the Qtr report was so good, and showed no dilution, then why would they be so nervous as to try and prop this up beforehand.
JMO
Safe Harbor
In June of 2010, after the name change to Amyris and before their public offering, they had 37,682,681 Outstanding Shares. In late Sept of 2010 the initial public offering was for 5,300,000 shares, at $16.00 per share. The OS was then 42,982,681 shares. During the following 3 months the pps doubled, climbing to almost $33.00. A year and a half later, by May 2012, it had progressively sunk down to around $1.00 and has fluctuated sideways & down ever since.
I wonder who were the ones that sold and went short on that !
At that time the OS had only increased to about 46,000,000. The AS (Authorized Shares) was only 100,000,000. But by the end of 2015 the OS had jumped to just above 200,000,000 shares. I suppose the AS had increased to 400-500 million by then too. That's over a 400% increase.
In My Opinion
With more loans & notes and warrants that even date waaay back to 2010, dilution, the current ATM dilution, the bad results of "give-away" deals . . . that since the 2nd Qtr of 2016, I estimate the current OS to be diluted "up to" around 320,000,000 shares, from about 220,000,000. With an AS of around 400,000,000 shares.
Now, I know that my high estimation range of a 100,000,000 share increase in the OS is INCREDIBLY HUGE. And it would probably send the pps to Zero. But an increase of any percentage of that would still be considered HUGE. And it would disprove the prevalent notion that there has been no dilution.
As In The Past... Recent and future revenues, or how profit may be defined, are gross speculations that are shrouded by the Safe Harbor "Forward-Looking Statements" clause. As well as references to dilution and how it may be defined or applied.
EOM
Garbage In - Garbage Out
I did not say they were garbage. The data is the data, based on whatever program is used. However, it is the interpretations and the use thereof that could be considered as the garbage, imo.
But the probability is, the pps won't stay over a dollar....
it's just tough staying....
EOM
TA Websites - Lagging Indicators
I have visited many websites offering their technical analysis, ever since the internet has had them. If there is just one thing in them that I like, I will use it for just that one thing over and over. But what you are really only actually seeing are "Lagging Indicators".
By the time something is an overbought 'Buy' on these questionably "helpful" websites, it is always the time to start considering the 'Sell' side. And by the time something is an oversold 'Sell', it is always time to consider the 'Buy' side. That tactic, combined with much deeper research and analysis, has ALWAYS held true ... for YEARS.
I would go as far as to call it an absolute FACT. And this coincides with many websites offering the same type of "programmed" analysis. It's good, but it's all in how you interpret and use it. For years and years the consistent trends of these websites have worked, but only if you have learned how to interpret that Lagging Data and the timing of that data correctly.
For example, maybe you remember when a stock was a screaming sell. Well, and maybe you had wished you would have bought it then. And now maybe it's screaming a buy... and now it's time to consider the sell side.
And what you really have to watch out for, is when these websites are being used as propaganda to support opinions. Especially when the conditions are stale, and then ready to flip.
It's also interesting that some of these websites have been around for a very long time, but have never really improved themselves. Also, a BIG thing is, that "IF" these ratings from these websites are so accurate, as taking them for their face value, then why do most investors (usually beginning) typically lose money when following their rating suggestions? And why is it that everyone isn't a millionaire instead? It is because they are "Lagging Indicators". It only tells you what has happened, but not what will happen.
Something To Think About
Yes That's True
I might even actually think that the topic and perceived urgency of achieving $1.00 is merely a ruse for either profit taking and/or ATM dilution, while some still can. But a reverse split imo is inevitable, per your opinion.
The deadline for the delisting issue might be extended to June. So it is not a real "current" issue. Just a ruse for "whoever", by traders. I think the Company will add more Authorized Shares to maintain the 500,0000,000 and then go for a 1-for-10 RS at around 70 cents. JMO ... Who knows, they may be forced to "give away" their entire company by then anyway, lol.
Recent and future revenues, or how profit may be defined, are gross speculations. And shrouded by the Safe Harbor "Forward-Looking Statements" clause, imo. As well as references to dilution and how it may be defined or applied.
It all makes absolute perfect sense.
From a pure trading aspect (considering the ATM dilution, debt, notes, warrants, etc), any cup pattern may soon form a handle around the 70 cent area. There is plenty of stuff to at least support that possibility.
WATCH OUT !
That Is Understandable
I'm having a hard time understanding this statement....
Wow... Price Not Holding The Pop
That seems very discerning to me. The pps immediately sold off, as if shares (dilutive?) were set up in advance to sell into some repetitive news today. With no revenues in the 3rd Quarter, except for some delayed rollover from the second Quarter, I can see how the repetitive nature of older news was, and still is, being used as a constant topic during the start of the third Quarter ATM dilution campaign. In addition to more convertible common share notes, warrants, debt, less control, etc. JMO. I think that might be why the pps is churning so much in this area, before an eventual BIG WHAMMY .
Something To Think About
A Repeat On Old News
Released 4 mins after the U.S. PMI Report,
just trying to piggy-back off of that data.
This is just another repeat on old news.
Another repeat! My Goodness! LMAO !
Now it is for certain that the
Quarter Report will fall short !
They don't fool me.
Dilution Games. Any trick to keep this
over $1.00 before the WHAMMY hits.
LOOK OUT !
Play-For-Pay Dilution
The price is starting to faulter. But I don't want to use that to support my opinion. I don't want to use price weakness as a weapon to support my views. When the pps is up, some suggest that certain "strong hands" are supporting the price. And vice versa. Even though that's probably not the case at all. And some would argue that it would be illegal to do so.
Look, all of these CEO's go to the same CEO school. And all of their attorneys follow the same play book. It's my opinion, through research, DD, and over 30 years of experience... that clever money-making "hush-hush" dilution is the ultimate name of the game here.
It is very obvious to me that the ATM has been fired-up for months. Plus, the dilutiive financing through notes and warrants, etc. The RED FLAG was that nobody would dare bring up these issues until just a couple weeks ago. And these issues have been on my radar for several months.
Also, it is very dangerous when only one investment company holds over 80% of ALL the institutional holdings. And who knows how much they may have sold recently.
The most recent period says that there have been :
27 DECREASED POSITIONS - that's 2 times the increased.
18 SOLD OUT POSITIONS - that's almost 4 times the new.
So how could that be? With the same news in that same time period? And then months later that same, and only, news was then used over and over again ad nauseum, with a few SA articles thrown in for a little spice, with a cleverly hooked-up support staff on social media. And there really hasn't been much news, or any "unexpected" follow-up news, since then. Really.
It's a form of - "Play-for-Pay" - dilution.
JMO
After Lots Of Research And DD
I have come to the conclusion that many have
just experienced a classic "Pump & Dump" .
After re-reading and investigating, under eyes like that of an attorney, I believe most have been tricked and deceived while getting caught-up in the momentum. Some may have gotten out alive, but others are just now realizing that they have been tricked and trapped.
There really hasn't been any revenues to make a dent in their debt. And people will see that the recent dilution has been staggering. What a coincidence, huh? The dilution Pump-Jockeys have left the building, and now others have nothing left to do but to save themselves.
You (pl) can't gloss over the Pump & Dump and pretend it does not exist. You can't gloss over the massive ATM dilution that has obviously been taking place. You can't gloss over the massive debt. You can't gloss over the low revenues. You can't gloss over the massive dilutive convertible common share notes. You can't gloss over the dilutive warrants. You can't gloss over the fact that they give the farm away for peanuts. Unless... you have no choice but to try and keep it all swept under the rug.
All one can really do now is try to keep up appearances, by rehashing the same old "Pump & Dump" that was fallen for in the first place. It's really all that's left.
The lack of real DD is just astounding too. Maybe that's deliberate. Just for small examples... some don't take the time to research the NASDAQ delisting notice. And nobody explains it accurately. Eventually it will be a threat. But it is only being used now as motivation, to try and prop the pps up for 10 trading-days. The Quarter report date is an easy one too, but some are saying it's around Nov 3rd. A few minutes will tell how wrong that is. But again, some are just trying to stretch this all out to hit the 10 trading days, then they will wonder why there is no Quarter Report out yet. But this should tank before that anyway, imo.
This is pretty obvious stuff.
Of Course
Of course those are your opinions.
There's really no surprise there.
Your opinions are absolutely wrong... that's all.
What Is Prudent
A healthy technical retrace is prudent.
Just from a pure technical standpoint.
I'm sure ClayTrader would agree, and
might have already formed a short position.
If you take into account the convertible notes,
the warrants, and the additional ATM dilutions,
then the retrace could even be more severe.
And taking into account the lack of revenues
during the past Quarter, many reposts of old
news, the typical SA articles you always see,
all to help compensate for a dilution campaign
supported by hype with unproven justifications,
then you really need to think about disclosure.
Also, "IF" this manages to hold over $1.00 for
10 trading days, then there will even be a more
definite reason for a retrace, since holding over
$1.00 will no longer be an issue. Therefore then
fulfilling that much needed technical retrace.
The Bill and Melinda Gates angle was not profit
oriented. It was more of a capital infusion in
regards to a humanitarian effort, which is good,
but was not designed as a monetary effort from
which either party would profit from.
And judging by the sudden disappearance of
those crafted dilution campaign postings, you
want to think twice about adding or holding.
The longer this stalls in this area,
the deeper the retrace will be, imo.
All in all, a reassessment would be healthy.
Just some basic TA and common sense.
JMO