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$CEN covered one of its recent Gaps last week. Still has a large one to cover.
$AMZA also covered one and still has two making the chart unstable.
Any loss of confidence in oil may send both crashing to the pre-gap levels.
Guess i'll be moving my ask from $00.99 to $99.00...
Claytrader has shown up on $XMET, might be a good sign that I will get my .0005s filled...
The KNC saga continues...they took custody of $PTAH and $EXLA. Neither of which have done well since. KNC are a mystery and do not seem to know what they are doing. I suspect they are new to custodianships and have yet to figure out the process. I'll be avoiding their tickers until they can figure it out.
$ILIM Is a Paul Moody custodianship being handled by attorney Fredrick Bauman.
In recent court filings it appears that they are attempting to negotiate a way to reinstate the company in NV.They think SOS fees are too high ($30k) and impractical for an insolvent company. They are suggesting they convert to a receivership in which they may dissolve the company.
I am guessing that would allow them to start over as a new company which would be cheaper.
This has moved too high too fast for my liking. With 3 bil shares around I would only feel safe buying this around .0003. I'll keep an eye on it.
$UPCO Showing signs of life (mostly dumping though). This one was a bit of a mystery and I stopped paying attention when they tried to RS twice and got denied.
Sam Polito won this ticker in a custody battle but, not to sell. He is CEO still and changed name with NVSOS to "todaysodds.com"
Back when this happened the website was a mess and very uninspiring, things have changed and they may be in business as some kind of gambling portal.
Ticker is not promoted in anyway that I can see. I haven't found any social media accounts. OTC was never updated beyond officers names
No evidence of dilution. AS: 300 mil / OS: 205 mil
$KATX seeing renewed interest. Looks like some slow accumulation going on. This has been quiet for over a year. A P&D scheme ran early 2019 and someone may be front loading in anticipation of making it run again.
Rumour mill has it that "Joseph Arcaro" has died (months ago evidently) He was custodian of JADA and several others. Worked with the Baumans quite often. This might leave a few tickers in limbo if true.
The DUMPster fire HAON has popped up on the BB again. Haven't seen that one for awhile. I'll have to see what the new scam is...
AS: 25 bil / OS: 4.4 bil
OTC Dark/Defunct.
Dead wbsite.
$SNVP has been quiet. Not much known about the custodian AQUIFIN. At these prices hard to resist taking a starter. Word of their plans is still forthcoming so I expect some rise eventually.
https://mobile.twitter.com/acquifininc?lang=en
AS:7 bil / OS:1,5 bil (OS was 962 before custodianship granted so some diluting has occurred)
$ICTY Formed new 52 week high, hitting .014. Closed green again on anticipation of updates from new management.
https://twitter.com/cannadevco
8K filed for QUTR:
$HRAA Hits new high today breaking .01 on sudden high volume. OS: 54 mil so it moves quick on interest.
$LICH: Possible news on $LICH front. Some people have connected owners to company who filed for IPO. Recent news of that seems to be effecting $LICH price today.
Distoken Acquisition, a SPAC focused on tech in Asia, files for a $40 million IPO
Someone use to have a spreadsheet they published, someone might know the link.
Standard OTC RS...it takes several days for the mess to get cleaned up.(Ive been in a few on NYSE and they happened in 24 hours) Odds are you can't trade until next week. Some people have trouble trading as long as the "D" is there. You will see MMs moving shares around and the price changing while you can't trade. Its just the way it is. Just wait till the dust settles. I usually ignore OTC RS's until the "D" comes off and normal retail trading goes into effect again.
Stop looking at this as getting screwed by an RS, you are getting in at the beginning of a new company, if were lucky at the bottom.
On a side note it sounds like TDA peeps are getting screwed. That settlement fee crap is BS, Scottrade had that and I left them for schwab. Schwab owns TDA now, sad to see your not benefiting from it yet.
Never gets boring around here does it? Since Lazar won't talk we may never know what went on. If I had to guess, FINRA wouldn't process the RS and, like you suggested, they backed out. Since Lazar never took his name off I am guessing that the filings were part of closing the deal.
$XMET left a Gap in its wake monday. Makes a good target for entry at .0005.
Todays plays: Looking for a good entry point on a few. Thinking I might be able to get into $XMET again this week, maybe .0005.
$DRGV is still on watch, thinking maybe .0003 if I'm patient.
As usual it depends on how long catalyst take to emerge.
$DRGV is a mystery for catalyst at them moment, $XMET though has a court date on 10th that might make it move. Which way it moves is speculation though. Sell on news might kick in big.
$GOFF has some history around .003 might put an order in down there. Doesn't appear to be on Lazar's priority list so, I might have time on my side.
But...i'm I/O already and want back in....maybe today
I'm Statler...
Yea, this will cool down and peeps will get stuck. Then the boards will start flooding with "this is a scam" and "someone needs to sue Lazar" for awhile.
Ive seen this plenty of times,(sadly not in enough of them) the idea this traded the whole float 2x is unlikely simply from the price move, or lack of it. Sure it looks real impressive coming out of trips like that but simple "supply and demand" principles suggest floats bigger or price would be higher. If this hits a penny this week then were on the low end of at least 1 billion. If it gets stuck here or drops more likely were north of 2 billion.
I think CRGE(might be wrong one) ended up in the bitcoin world. I remember they changed symbols after merger but can't remember what new one is. Ended up out of my price range quick so I didn't keep tabs on it.
Someone on the Lazar board might remember better.
We won't know who buys $PFWIQ until it happens and they file with SOS.
The idea the float is only 800 mil is silly, this didn't trade its float twice in one day. There are easily 1 to 2 billion shares out there at least.
...No..its all fake!...FINRA was hacked!...There's no DATE! and his signature squiggles too much!...and and and its in the wrong Font!
Stocktwits wouldnt let me create an account. webpage says "had a problem try again" App actually says "you have been blocked"
Odd, never been there before.
No, you won't know that until they(the new owners) file for a name change, report new officers and RS ratio with SOS. That won't happen until Lazar is finished in court and files for termination of the custodianship(probably january).
It is quite possible BORN inc is actually a new company being formed by FiveT and not related to any other company with that name...
At the very least the "D" comes off this week. I think the new symbol was due almost same day.
$BBRW dilution machine keeps chugging along. I am amazed how well the non-sense PR's have kept peeps buying as the price falls. Expect to see triple 0's for Christmas.
(even more amazed the SEC hasn't halted them)
The "Q" scares many away...
Nope...still fake...they hacked FINRA website...
$ICTY interest growing. Looks like it could test its 52 week high again this week.
$XMET made a sudden move up on 1.5 bil in volume. This kinda proves the OS is easily 2 billion if not more. I expect a couple days of churn above .001 but, will eventually crash again before any definitive answers from court come out in two to three weeks.
Dear Santa, Please buy the float...
$XMET sucking all the air out of the room today. Gapped up 100% on large volume and pre-market trades.(pre-market trades in OTC really rare)
Why would you expect one today? The filings gave no date for changes to take effect. We can only guess. They don't really need an 8k until they apply with FINRA or they have PR plans scheduled.(not sure how that works)
It's a "Q"...people were owed money, evidently the court agrees.
Wasn't this supposed to RM with someone who owned a lot of shares?