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Got my shares on bid today. Going to start bidding and stop slapping the ask since it doesn't seem to matter.
Grabbed my shares at 9:30am today, will grab another stack tomorrow morning
Expecting a 10-Q between Nov 13-16th.
Seeing as Wilks Bros will still own 47M shares there's no telling what they may want to do with the shell.
Remember nothing is final yet too.
Surprised to see bids. But also surprised at lack of sales
Our market cap is already 1M. There's no reason to be below .01 with or without approach resources. Any entity in this shell will make it worth more than .01 with this share structure.
Prolly see .002/.004 IMO before it steadies as a shell. There's no point in me selling 490k shares for .002
I believe he is correct. Looks like any leftover money goes to the 297M still owed to Class II claims.
Guess this was my first and last Q stock. Even with the deck stacked pretty well it appears management got bonuses and Wilks Bros will leave having lost $140,000,000 in common shares alone.
Today is the last day we are approach resources and the first day we are a shell for sale I suppose.
Went through it. Nothing about commons .
This isht trading wierd AF
Total Authorized: 490,000,000
Total Outstanding: 401,181,550
Public Float: 113,181,550
Unbelievable that I could get 400k at .012-.013 yesterday.
Thats what I figured. I've never used a market order on any OTC trade ever.
Any idea why some trades show up green on ihubs chart?
Happens when you least expect it.
It will do 100%+ in a day very soon.
Agreed.
I snagged 440k shares today. Happy with my round number share count now. oWCP dropped heavy red to .004 before it ran to $2.50+in 2015. This one has unique qualities for sure.
Exactly. I could flash 5 million for sale right now and set an iceberg bid at .0127 and soak up shares with the best of them. Its not just mm's doing that.
See what I mean
Is it gone or is it at .0127
Thats the whole point of the game that is level II
Minute to minute action means nothing. Just having fun.
There, I pulled 75k off my bid and hit the ask just to make you look dumb :P
Bidders Unite
Stack it up boys. How much ya got
I'm bout to dump some bags and take all these shares my man
Nom nom nom
Just grabbed another 70k
The share structure is so small the only people that would sell below .01 are those that just dont even care what they get anymore. Because its the OTC there will probably be quite of few people that would dump to .001 just to get out.. The current Market Cap is 1.4M with 93M O/S. A clean shell is worth $400-800k alone so prices below .01 really make zero sense here.
Reread the August 2019 news. Before covid they were in the latter stages on casting building walls on site with construction production trailers. They are setup for margins to improve 30% as China ramps up the next wave of growth post covid.
This stock was disrespected by traders and new fame ventures during a historic run up unlike anything I've ever seen in 8 years of OTC trading. There was very little chatter on this board and twitter during the run. This action made it different to me as I bought hundreds of thousands of shares.
I think it's proving to take time to recover and gain new traders trust based on the lack of volume with such stellar numbers. Because of that, a select group of 30-50 traders seem to have bought all the shares here over the past few months.
Most of us are holding for much much higher prices. When confidence and volume return and the games disappear this can run from .0125 to .08 in a single day with the right news or momentum.
I'm not going anywhere until I sell my shares for .25+ because that is what they are fundamentally worth. Remember price is what you pay, value is what you get.
"2020 China building materials exhibition was held in Pazhou pavilion in Guangzhou city. The products cover hardware, aluminium windows, door, sanitary ware, tiles, wall paper, house customization etc."
Hmmmm... :)
Just realized there was a building materials expo in China around the same time that $ZHUD made that $10M investment on the books
One thing is for sure folks, we're looking at shares worth either .001 or .09+ any day now.
We dont know exactly what assets were sold to Zarvona for 115M. It could be that other assets/ liabilities are still being sold and negotiated right now. The language suggests there is "remaining proceeds" of some kind which is great to read. Going to add 50k more shares and see what happens. My gut says .09-.20
" A means to enable the Debtors and the Secured Lenders to finalize and file a chapter
11 plan of reorganization which will effect the distribution of the remaining proceeds of the sale
of the Debtors’ Assets"
Will do, I work 75+ hours a week, ill update tonight.
At the darkest moment of the night, the sun begins to rise.
That's not me on the ask, someone else joining in the games now
Just me messing around with them
People selling now forget how hard it was to get 100k shares above .10
We will return there soon.