Block cross trade, a large seller was distributing shares during the day. Obviously some were willing to step up and average down even more today. Good for them...

Maybe they'll get lucky and catch a bounce sometime. Not sure how many days the market can absorb this many shares and stay above $.01 though. Surprised that it did so today.

So, the line in the sand was the $.015-$.02 area? Above it great things were possible! When it broke to the downside, the company became a scam?

Interesting.

Anyone can trade fx, you are welcome to use that methodology in a leveraged manner 24 hours a day

Not that I would advise doing so as it completely misses the complexity of fx relative value but, you can.

GRYN 1:200 RS Green Hygienics Holdings Inc. Common Stock

4 19 41 78 please, thanks.

4 22 78 please, thank you.

I thought the former initially as well. However, their terminology suggested the latter. Either way, they are likely in a significant amount of trouble. The entire scheme smelled bad from the very beginning. I'm quite surprised that 600 investors piled in given that they were a new outfit run by individuals with a murky past. Greed perhaps?

It is difficult for anyone on the outside to know what occurred. They probably bought a few notes, seems like we would have seen it in company filings if we know what entity was being used to purchase said notes. I personally suspect that a large portion of the cash went for other uses, but, that is just my suspicion. If he ran one Ponzi, perhaps he or others affiliated had investors from another to pay off, no real way of knowing. Maybe we'll find out more details in a couple years lol.

Do investors know which specific notes Ageddebt purportedly owns?

I must say that connecting the dots here doesn't appear to be terribly difficult. The main character is indicted for running a prior Ponzi scheme while investors are not receiving promised payouts. Perhaps I'm looking at it all too simplistically. The only silver lining I see is that everything ground to a halt relatively early on. Perhaps investors will get some back because of it.

If your position can be replaced at current market prices, you have already taken the loss. It just has not been realized for tax purposes. A move back to .05 would be considered a gain.

The quote "you never lose until you sell" certainly feels better though.

As long as it is below the lowest offer, yes.

You cannot make it go up unless the lowest offer lifts though.

This is all occurring during market hours? I've seen some crazy spreads at times on stocks that have no activity at all but usually it doesn't go from .0001 to .25 intraday. If a sell order is in at .0001, typically it stays there.

I've had a few that were inactive and quoted at insane spreads. Unfortunately, one in particular lost mm sponsorship and died completely.

Perhaps no one has answered because the question is a bit confusing. The ticker OTCM or quotes in general on their website?

Also, are you referring to the best offer or to quotes shuffling in the order book?

CFCB 1:30 RS Centrue Financial Corporation

RBCC 1:100 RS Rainbow Coral Corp. Common

Yes, the Z list IRPs are here again it appears.

Why would I worry? I'm not the one hoping for a promotion.

Btw, I completely understand the frustration with posters such as myself that have no financial interest in a company. It doesn't bother me. It happens all the time on stocks that I own too. I'm not bothered by that either. I know that I own and trade junk in the OTC, the revelations of such aren't terribly surprising. Promotions work sometimes, I'm just toying with you. Although, I usually do not hope for a promotion as it typically is accompanied by significant dilution.

That doesn't change the intent.

You want Jake to promote it so that other unfortunate individuals will buy shares at $.04-$.05 from current bag holders?

How thoughtful.

4 31 41 48 please, thank you.

4 22 48 please, thank you.

Fascinating indeed. They disappeared taking down their websites and Twitter accounts. I had no idea, it must have happened in the last few days.

I actually found The Pump Tracker to be a fairly useful tool even if those behind it were less than savory characters.

Overvalued? More like a spectacular scam.

http://brontecapital.blogspot.com/2015/05/hanergy-let-there-be-no-doubt.html

The stock market mania in China right now is amazing. It is quite likely that many companies over there right now are making US OTC stock schemes seem downright boring and trivial in comparison.

http://www.bloomberg.com/news/articles/2015-05-22/hanergy-goldin-s-wild-rides-are-nothing-next-to-shenzhen-stocks

I appreciate your concern about the fact that I write a couple of posts for entertainment from time to time without any financial interest or compensation. Such a hard row to hoe for yours truly.

Hoping for an exit at a pre split price of .000125 while underwater must really be difficult if my motivation is untenable. It isn't a lofty goal though, so, if no new shares hit the market and Jake turns on the pump machine, it could happen. Good luck.

MDNT and FONU have consistently hit new 52 week lows during the time that I have watched and investors have constantly been placing their bets that the low is in. While brief bounces have occurred and a few have had profitable trades, the majority of investors remain underwater. Yet, I am the one that is crazy for posting while having no financial motivation?

From the very beginning, I have been fascinated with how long the IDA would continue to believe in the viability of the project. It has to date, continued about a year longer than I thought it would. So, kudos to Jake for keeping his income flowing. I still believe that he is a talented individual.

Not really. I'm only here for mild entertainment at this point. Literally no other reason. There is no conspiracy. Hopefully that revelation isn't too disappointing.

I don't think that he will dump either.

Believers never sell.

When they no longer believe, there is usually no point in selling.

Jake likes to print money

I wonder how long the good Doc will stay a patient believer. It is fairly obvious from Twitter that he views himself as a VC styled investor but, also fairly obvious that he would be financially better off sticking to his area of expertise. Thus, I remain curious as to how long he'll remain a stable investor in FONU.

Perhaps the DJIA will take cues from the Shanghai Composite Index over the next year.

The stock craze in China right now probably super cedes everything that the US has ever seen with the possible exception of the 1999-2000 tech mania.

Ironic that every facet of the US market is dead and boring while it occurs. The Chinese versions of IHUB must be going insane.

He preys on the weakest and most desperate individuals, very sad. Hopefully he slips up and sees the inside of a prison cell for a long time.

He was likely talking about credit default swaps(CDS) on high yield bonds given his belief that the high yield market is overvalued.

Icahn is also a well known user of S&P index puts too. Given the size of his portfolio and the various ways that it is weighted, hedging only with plain vanilla S&P puts is probably not the best way to hedge his entire exposure. He refers to it as arcane, it isn't terribly. More arcane in the aspects of how they tailor the exposure to fit their portfolio I would think.

SPZR 1:17.61 Ameri Holdings, Inc. Common Stock

I may have missed it but does anyone know how much time Mrowca and Galas are looking at?

In some ways this situation is more interesting than most given that most of their activity took place on ihub.

HNSS 1:200 RS Healthnostics, Inc. Common Stock

This is a recurring tragedy. Remember those heady days of 2011 where the few posters warning about reality were labeled as ignorant naysayers? I do.

Microfill...

HNSS 1:200 RS Healthnostics, Inc. Common Stock

CLAD 1:15 RS China Liaoning Dingxu Ecological Agriculture Development, Inc. Common Stock

ABOT 1:2300 RS Abot Mining Co Common Stock

1:12 RS CYRX CryoPort, Inc. Common Stock

Yeah, makes sense I suppose. For any relatively sane trader/investor, the trade is finished and has been for a few days. Thus, those that are left are either new believers or the diehards that never sell. Watching that one run up has been a source of particular amusement for me. At a fraction of the current pps, I found it too bloated and not worth touching which is saying something given that those characteristics typically do not bother me. No one in their right mind would be buying now but, most major upside moves are driven by people not in their right mind so, who am I to say where it will go.

Personally I would not stay in following that stream of idiotic nonsense from whoever is running their Twitter account though. I was amused by the person agreeing mostly with the tweets. It must make the HJOEers feel good to have a delusional KMAGer backing them up.

I realize that you are used to personal insults from strange individuals lacking the cognitive ability to respond logically to issues raised but, this one is disgusting. Must be a repeat offender.

Those primarily motivated by greed find it impossible to believe that individuals can be motivated by anything other than personal profits.

It makes the concept of the "paid basher" seem real.

Rather incredible to see a company Twitter feed that far off the rails though. It must make investors feel all warm and fuzzy.

4 22 48 please, thank you.

15 17 78 for the showdown please, thanks.

How can they monetize Yellow? There are few options available. At best it would likely still be pennies on the $ compared to the carrying value.

The film is definitely not fresh anymore, fairly old even in movie terms. It has some mild star appeal but more the type that you see going straight to DVD or streaming. I'm sure that Netflix would be interested and may be the best option given that there is no money available for the type of campaign needed to even drive a low amount of traffic in a limited theater release. But, there is no way that they would be interested except at a bargain basement level. I think that if there were any decent options available anywhere close to the carrying value, Jake would have danced at the idea of a such a cash infusion.

As it is, imo the movie remains more of a source of hope for burned investors than anything else.

It is truly unfortunate that so many Georgia based investors considered MDNT/Moon River Studios and now FONU the way to invest directly in the thriving Georgia film industry.