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Thanks Juancy for finding that, I dont really know what it means but the fact it mentions Mirage Energy is really something. Let me pass it on to Ward.
I'm ready to buy more down here in the 40 cent range, at $15 million market cap, the potential here is absolutely huge. company is very well run, i just dont have the visibility as to when it takes off but at these prices it's a steal. People will look back and scratch their heads.
wow someone dumped 5K shares the other day for nothing, I would love to have been on the buying side of that trade, such a shame this is just dead and i cant for the life of me figure out what they are doing about getting current.
Trading DRIO again, starting at 10 bucks, it's an excellent price under 8 and i will definitely try and accumulate at these levels.
PRPO has been stuck down here at the bottom except for one spike to 1.50. Nothing to do but wait it out for now. Many of these biotechs/therapeutics/labs are hurting for a while now.
Even after that PR it has not been able to get legs, ok, I'll wait this out until it does.
Averaged down now to $1.25, wow, unbelievable. I guess it could go lower, and if it does I'll buy more.
I think that that is a reasonable theory, but at same time I would think he'd stick with his fudiciary responsibility as well. Just dont know what to think
I have continued to jump in got my average to $1.62, thats really amazing. Gosh we have to be near a friggin bottom we just have to be, I dont care what the rest of the market is doing or will do
amazing really, picked up another 1500 shares, does help bring down avg for sure
I am continuing to buy on this pullback, my rules allow me to, BUT I would have like to have just gotten all those shares at .011 when I had the chance, BUT, it doesnt always work that way, either cash available on hand and/or timing of news, and we have gotten news over the last 45 days that makes this more attractive. I am surprised by the pullback though, but I am prepared to buy on further pullbacks if they arise.
No I completely disagree, that was the case for the previous splits but would not be the case if they did it right now. I am aware of what the last reverse split did I saw it realtime, and the price dropped due to dilution and the fact that a stock cant go below .0001 so they had to do it. That is not the case here, BUT if they wanted to do it they could, there'd be nothing wrong with doing so.
Buscar Company Announces 3.5-for-1 Forward Stock Split Has Been Filed with FINRA
no you are completely mixing issues, and you just supported exactly what I said. You are saying that this is headed to a penny, fine, that's entirely possible, we can argue that forever and maybe you're right, and if it's due to dilution that is needed, then fine, BUT IF that is true, then a reverse split 100:1 would have resulted in this going to a buck from 2 bucks. SAME THING NO DIFFERENCE. You are going under assumption that the price is already going to go down, and so the reverse splitted price will also go down naturally in proportion, and you are blaming it on the reverse split, when in fact it would be due to dilution or other factors.
My point is the price is or was already going to go down in many reverse split scenarios due to dilution and/or performance of a company. You are mixing issues.
Explain me why they matter? You get a proportional amount of shares and the price reflects. Sure in this case the price came down b/c it was already going to go down anyway. In todays case for example, the price is stable at 2 cents. Assuming all things equal (company continues along as it has been as of late), over the next couple months assume the stock price meanders between 2 and 1.5 cents. That would be equivalent to $2 and $1.5 IF there was a 100:1 reverse split. There would be no reason for the price to go down to a buck, IF it did, then that means that pre-split share price WOULD HAVE gone down to a penny.
It's a different thing if the price WAS ALREADY GOING TO KEEP GOING DOWN ON ITS OWN - if that is the case, then the Reversed price would also do that, WHICH WAS THE CASE WITH THIS COMPANY IN THE PAST WHEN IT WAS DOING SERIOUS DILUTING and was NOT YET PERFORMING. They are in a different place than where they were in the past, it's like comparing apples and oranges.
Basic math that's all it is. Letem reverse, I couldnt care less, actually I would like it, but whatever, it doesnt matter to me, I'll trade regardless.
I really get a kick of people talking about reverse splits over and over and over. Who cares, really, who the blankety blankety blankety cares. Reverse split means absolutely nothing. Let them reverse split, it doesnt matter. You can the proportional number of shares with the same overall value after the split. What would you rather have, trading at .02 or 2 bucks, I'll take 2 bucks any day of the year, I am sick of pennies pricing to be honest. Just do it and get it over with, the company is in a completely different place than where it was in the past. A reverse split would be a nothingburger as it usually is.
That said, we are languishing in the 2 cent range, meaning I am inactive in trading AITX and working other opportunities that will supply the cash need to buy at 1.5 cents or lower, if the market provides the opportunity.
Let me put on my patience hat sorry, I am actually very good at being patient with these penny plays, how quickly I forget.
You're right GasClown, you're absolutely right, Ward does not control the business side of Mexico to a large degree. Granted we don't know the full story, but facts that we know are that a Mirage 10-Q is about the simplest filing that could be done, i could do it, i know I could, especially these days when there are like no notes left. It just can't be the auditor after this long, they simply could not be that incompetent, but let me just say for the record, I have seen incompetence with them even in this last 10-K. Anyway what can we do, asking when it's going to be out is an exercise in futility. Maybe when all this flushes out it will become obvious, or maybe it won't or maybe somewhere in between.
I just went to his Twitter page for basically the first time ever. All I see is complaining and bitching but I dont see him make a single response to anyone, very disappointing to see no engagement whatsoever. Darn it, this is concerning.
So todays otc markets update shows 912,068,287 shares outstanding which is an increase from the upper 800 million range. Someones polluting here. We need to get out of this trading range, and sooner than later, I am not feeling comfortable here as I would like.
Good for you I started at much higher prices so my average will never come down here, but I did pick up 3750 total over last two days to bring avg down to 2.07 which is quite an improvement. Is it not worth a couple bucks? They're trading under their cash, not sure what else to say.
I agree, could continue to be a good trade for those interested, buy larger volume on way down, and sell on way up, rinse and repeat. But I think their story is fairly long term so I feel it will always have a bottom as they shuffle their way around.
Ive picked up shares at .15 and .13 ranges, and will continue to do so at higher quantity and lower prices if they get there. Definitely a lot of cross-currents and potentially scammy stuff going on as has been pointed out, we'll need to tread lightly.
been trying to pick up shares off and on for mid 20s or below without any luck, nobody has wanted to sell me shares meanwhile they like to exchange shares in the low thirties, oh well, i refuse to chase, let them come to papa, they all eventually come, and i am always there to pick up the pieces.
good for you starting late. I dont know what to say, I bought at 1.09 and 1.16 today. Very depressing, I dont see how the company could be worth what its market cap is.
spike in price hit 3 cents, but no news, lets see if this can lead to anything significant.
theyve got it locked at 16 to 18 cents, i am willing to buy at lower prices and sell at higher prices, so for now nothing to do but wait which is fine. But this has a long way to go before they do anything I hate to say.
Stop spreading negativity here, it is NOT welcome, while you are entitled to your opinion, it is wrong. Normally I would preface that with "as long as there is no fraud" but I wont even say that in this case.
yeah and they have offices in the TRUMP building
https://paulsoninvestment.com/
Picked up another 1.8 mill shares between Friday and today. How in the world this could trade down here is beyond my comprehension. What else to do but accumulate, now at 11.4 million shares, wow, I am at least a 1% holder. Woo hoo.
Its been brought to my attention that people think that Ward has paid himself salary, like large amounts. Funny how people do their due diligence without doing simple math. A company can't pay out (way) more than they take in and still have a positive balance. Ward has used the money raised to run the company, the money is not for himself except for paying down a loan from his wife and maybe some other minor expenses. Dont believe everything you read, do your own research.
Regarding the late 10-Q, that one I cannot explain, it makes no sense to me. Let people sell their stock, there are plenty of us who will take it off their hands on the cheap.
I'm not quite backing up the truck but I am buying at these prices, wow, wow, wow, never in a zillion years did I think it would come back to mere pennies, gotta take advantage of it, lower it goes higher volume I'll be buying, until it stops going lower. Market cap is like 12 million bucks, are you kidding me? Thats like 7000 oz of gold at $1800/oz (just talking revenues here, not cost)
Next few days are important, lets see if we can gain a victory here.
actually, fully diluted its close to 5 billion, you have a problem with that, huh, huh?
It doesnt matter, they're building a business the right way, no toxic lending, putting in the right people, etc.
Guess you will miss out, there are plenty of opportunities out there if you dont like the risk.
are you saying you did notify the SEC? If so, damn it man, just stop it man, there is nothing wrong with what these guys are doing. They are trying to build an empire in the trucking industry after crawling out of the basement financially, let them be successful, just leave them be, let them prove themselves, we certainly do not need the SEC involved with us.
yeah i am willing to let them come down to .0016, if they dont, then I am fine with what I have, but ultimately a price of .0019 is still excellent in my opinion.
its all good folks, buy on the pullbacks and sell on the rallies keeping a core position for the future. For me that buying in the .016x range and selling at .022x and beyond. I would like to see this rally though to at least 3 cents, really been tough for this to move.
good stuff, thanks, yeah lets let Paulson waver in the sun trying to sell his guys shares, keep our bids down at .0015/16, this guy has lost his shirt, literally, then we'll take it right back, found money, literally found money.
it was a small sale after the .019s filled, did the ask jump to .0023 after those .019s filled? That could be a sign we have cleared the overhang, but we don't know that yet.
how dare you make these accusations. Move on, we're here to make money and thats exactly what we're going to do. can-it!