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DJ was pondering about one specific instance on Friday and in that instance, someone painted the stock down. This is not a Q&A board about generalities of different stock manipulation methods but of course people paint up as well as painting down. In this specific case referring to INOH, someone painted it down.
Point seen, understood and I disagree. In this specific case, it was painted down. That is suspect, I agree that much. People trying to manipulate this stock down through that and other methods
Over and over again every time there is another hit to the 3s. No matter, we're slowly making progress to 4s, it will be there soon. Go NSAV!
They still have a week until the R/S and were worried they might run out of shares before then
I love filings that show Asher has gone!
Think about it. How do you average down to .0001? Maybe put your current holding into a spreadsheet and keep adding shares at .0001 and see how many are required to hit that as an average. :)
Best of luck, it's impossible to average down to .0001 unless you didn't have stock in the first place
Because it has a lot more posts than normal. More importantly though is that it is high on the most read list. Lots of people watching this one
I don't trust that one, CEO keeps claiming acquisitions will happen and then it goes quiet. Could be good but could be very bad.
They have no reason not to and it is filed and done
How long have we been hearing this bs and it never happens?
This is going to run next week indeeds. Grandmasters of pizza hitting the market with higher revenues and new franchises. Go GRAS!
MJ is also more accepted by older communities than I have ever seen due to the health benefits.
I agree, I'm in and watching to add!
They painted it red, clear as day. The previous trade was $600 @ 6
To da moon! lol. 0.01 at least as a starting point, $1 if we get relisted on Pinks.
Been there unfortunately! lol
I hope it works out for you, personally I would take a swift exit.
Lol. That is a question I have been asking myself and this board for a while now. A lot of people have lost a lot of money here (including myself). I luckily recovered some of my losses during the last pump and go out before the dilution hammer came down heavy again. I'm still out significantly.
Welcome to the crazy world of PEII! Pumping a stock and filling the AS just before an A/S. Unfortunately, many probably think they can make some money here but they will use the bid to sell everything soon if the ask slapping dries up.
Filed and pending, check the filings. We're into the 20 days until it happens, will be most likely Oct 13th
Not peanuts when you consider the starting point was 20 mill post rs, they've sold this into the ground down from 0.05 at that point. Their plan is to max it again and rs, no money to be made here right now. Post-rs once again, who knows? Maybe.
Yup, I think things are about to get interesting around here. Did you see BKRT appear and then disappear as that cross-trade happened?
We'll be fine with some good news on franchising and if the rumors on here are correct, some decent revenues. This will get moving on it's next leg up shortly.
Do you mean VPOR?
Yup. Unlikely to work though because all of us longs are unlikely to sell 4s right now and everyone else who just joined the party mostly bought at 4s and 5s so no point in selling either.
This is only just starting, next week will be great but a slow day today is fine considering we haven't had news yet.
I think the clue is in his handle?
A reverse split is obviously very different, no money is changing hands and they aren't regaining shares. A buy back is one of the Holy Grail hopes here on the OTC, there's no incentive for them to do it so they invariably don't.
People always call for buybacks in situations like this but has anyone ever thought through what that means?
For one, it hardly ever happens. Secondly, if it did it should raise SEC flags because it means the company stole money from investors. They clearly know the best time to sell shares and have the ability to push a price down more than anyone. If they then buy them back lower, they stole money. It's shorting at its manipulated worst.
Would it be then better for everyone left, yes. But they would have been better off if dilution and a buy back never happened.
All that with debt owed elsewhere? There are strong reasons why companies are not allowed to buy back stock when in debt, that money is being diverted from paying it down.
Isn't today dividend day? Thats proving to be a flop
The filing stated any time after 20 calendar days. By my reckoning, that makes it any time after 12th October so I'd expect it on the 13th. Dangerous play between now and then if that's what you're thinking. They're looking to max the AS in the meantime and haven't shown any willingness to allow people to make money along the way.
Fail miserably? lol
Some will require you to call to purchase shares, not many would have an issue with you selling shares.
Pick a price and hit sell, no difference to any other sell as far as I know.
Only strange thing is that we haven't hit the Breakout Board yet. The lowest one on there is 243% of normal postings. I'm guessing that is due to our friendly spam posters that have been on here while it was quiet.
That board is not worth much in my opinion anyway, considering it only means that a lot of posts have happened compared to average. Can be a bad or a good thing so I tend to ignore it. When we hit the most read board, that's when I take notice.
Yup, I predict a run first thing maybe till 10:30/11am and then the dilution hammer will come down and blast it down to no bid by eod. We're getting very close to the timing of the R/S now so it must be imminent.
A lot of interest is returning to GRAS, the boards are coming alive and people are looking to get in. The next few days should be great! Virtually every big player board has postings about today's action.
15c211
Form 15c211, also known as Form 211, is the filing form a broker/dealer (who is also a market maker) must provide containing the information necessary to publish a stock quote for a company on the Over-The-Counter Bulletin Board (OTCBB) or The Pink Sheets.
In order for the quotation to be published, disclosure information about the issuer of stock must be available. If trading on the OTCBB, the issuer also must comply with filing requirements and have their recent annual report in their records. Also, the broker/dealer must have all of the information relating to the issuer, its securities, and further business information on record.
They need to get a MM to back them and provide this form. They also have to clear up any issues with the SEC. It is possible however unlikely.
Thanks! Very interesting. So, as long as a company continues reporting and satisfies the requirements, it can return.
This is a real test for XUII. Today's filing was a good first start towards correcting the issues that brought it to the attention of the SEC in the first place.
I don't think this show is over personally. A slim chance maybe but we will see.
I'm sure this has been asked many times but does any stock that has been suspended and put on the grey market ever make it back to the Pinks? e.g. if they fulfil all of the SEC demands and requirements and solve for any discrepancies and are in good stead again?
Seems unfair if they prove their case and resolve any disclosures.