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Extra shares could be used for future CD.
I first came across the site after being directed to it as part of another company I was invested in. I plugged in oslh and will get notification once something new is posted. The strange thing is that the posts on this site have always seem to coincide or lag behind a public posting made by the company, but in this case does not seem to be the case. I am unsure the implications of this news are whether positive or negative.
This explains a lot
Check out @DailyContracts's Tweet: https://twitter.com/DailyContracts/status/637757164019314688?s=09
Yes I think so as far as past the only one I am aware of was rfmk.
She has moved on to other ventures.
There hasn't been this much volume action in quite a while. Large sales though. If it was buys the stock would be in different position imo.
I think a RS is imminent regardless of what written. Serious dumping going on.
It's my birthday today. How about a nice stock run, a steller rebranding news release that would give this pos a chance, and no more dilution. That's my birthday wish. Lol
I'd really like to know why the ihub app shows news for this ticker and there is none. It's been happening all day. I have other tickers which show the same indicator but there is news attached to it. This is the first time it has occurred. Is anyone seeing the same thing on the ihub mobile app? I am using the Android version. I am just curious. I find it Interesting why this is happening.
30 million sale at EOD. Smh
No unfortunately know. I saw the indicator but could not read it at the time. Was busy, but went back and indicator was gone and I searched other places online and nothing. I am thinking it may has possibly been application error, but that hasn't ever happened before. It was strange.
Rather weird. I got excited as there was a new news indication on ihub for this stock. It showed for 20 minutes but has since disappeared.
What is point of 60 share sell? Anyone have an explanation?
There has been no comment from her. But in her defense it is not her company to comment about. She has and continues to do her own thing and is quite transparent. They had plans to work on a project but that is or was slated for 2016. It is well in the future. If this is still going to happen or if it will include OSL who knows. The lack of communication is the big issue with company. This is the issue. It is not CS responsibility to communicate about a company that is not her company.
Is it too much to ask what admin charges are used for? I have been in other stocks that have such admin charges such as this but it is disclosed what they are used for, in the case I am talking about it was for payment for year salary of former employee at amount and therefore that accounted for such amount. Didn't make news good or less annoying but it is part of disclosure and I think is important for this company to utilize. They can provide more information while still not breaking any non disclosure agreements.
I know otc stocks can do some crazy things, but I am wondering what is a logical upside for this stock without such manipulation as a RS? Would it be lucky to get to .01? Could it go higher?
This stock is becoming predictable with late day large share dumps.
Imo misinformation is worse than no information. I was reading posts on Yahoo finance and a poster rants about the CEO Herndon running OSL in the ground and how the pps has tanked. Misinformation is bad.
I wonder why an article has never been posted on Seeking Alpha? There have been many otcbb companies that had articles and follow ups written on Seeking Alpha.
Why you say that?
Yes I would think they are going to sustain themselves first and foremost.The troubling thing is this company has been doing so many things and continues to change focus. They need to find something and go for it or maybe that is the nature of the otcbb. This company is acting like a startup yet they have been around a while. Can you still be considered a start-up?
I guess in the light of what is being said or not said as the case may be. The Reliance on the filings for information can shed light on happenings as well. The 8k shows the track record of dilution which has been occurring for unknown purposes, but one can speculate that it's to maintain day to day operations of the business and find new business or acquisitions through stock issuance instead of cash. The cash burn is high which puts an ever higher pressure on the issuance of stock to as far as we know are predatory lenders. These lenders loan the company money at a discounted stock price so when converted it floods the market with more shares driving the stock price down and the financiers of the money make a profit but the stock price is driven down further and there are more shares being sold for lower and lower prices.
This company needs money to maintain day to day operations. They need to find a way to control cash burn. They need to find a better financing mechanism other than the heavy Reliance on CD. They need to find a current business model that gives them liquidity to finance future business ventures with out such a heavy Reliance on CD.
VNDM are probably flipping the stock back and fourth on the tick and making money between the bid and the ask
I am waiting on what was communicated as well. I have also attempted to communicate with steve on the past but no response. I am taking a wait and see approach at this point. I have resigned my self that this stock looks like a write off at this point in time.
Just a matter of time before this hits .0001 imo. This is following the same pattern as RFMK.
Did you make contact with Steve and discuss the issues that you and others had concerning growing concerns over stock price and dilution which with today's 8k just adds to it and other issues that have arisen through other questions submitted by others? The troubling issues is that all of this really is not necessary if the organization was upfront about things to begin with.
Is it your plan to still talk to steve today? I am looking forward to hear what he has to Sat concerning the matters.
The rebrand is not going to solve the problems.
Bad day for the stock. Bad day for overall market. Have a good weekend all.
I think Steve's inbox is probably jammed with similar emails. I sent him one as well prior asking similar questions and expressing similar concerns. No response.
Yes that is a bit disheartening but many people work out if homes or have virtual offices. I am of firm belief it's not where you are doing business but that you do it well. Besides I hear of many garage based businesses that grow and become major businesses. In this day and age a computer and cell phone and internet are important. Not so much a physical location. Execution is key and being able to make things happen is important.
I guess a stock can go to zero, that's what I show. No bid price.
Here is a link back from 2012. This gives lot of good info and sounds relevant even today, but for the fact today not so focussed as in this article. This article is still well written.
Transforming LGBT Purchasing | Advocate.com http://www.advocate.com/business/finance/2012/12/18/transforming-lgbt-purchasing [From ZTE mobile browser]
Yea I know that they said so in March, but also at that time the share structure was different and the momentum was different as well. It was heading up rather than down. I wonder how long before they go against there word.
A 27.6 million share dump.smh
What makes you believe a RS is not going to happen?
90 days will be around first week in September at less than .01
How long before stock loses QB status and falls to stinky pinky land?
Hope for a good day. That's a large buy at EOD.