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Bid now gone to .4. Someone seems to be getting ready for trading.
Some change showing up on cnsx. Bid gone to .25 and some shares at the ask of .5 and .6.
Thanks. Off to a good start. Took my wife out to dinner. On my own dimes. No DPLY money involved!
And getting toward the holidays. Could stay quiet.
And getting toward the holidays. Could stay quiet.
Me too.
My birthday today...think it will be before the next one. I'll stick my neck out that far!!! Think it will be much before then...
Think I will have a few more bucks in my pocket for the next one....
Still think really good things could be happening here...
You're right. That 2,000,000 share bid does seem significant. Someone is putting up $20,000 + . Money always talks.
I'm not going to get into that kind of guessing...have guessed before and been wrong. But the split has happened and bids and offers are showing up on both exchanges. Somebody is getting ready.
Price should be 10x when it starts trading. Then up from there when trading continues.
HAPPY THANKSGIVING to the board. Think we'll be grateful we're here.
Your analysis is right. But it is the analysis of the beginning of trading after the split. Traders are being cautious until they see what the trading level is. So far it's not at .10 or .50.
On the cnsx, the b/a is .15x.54. Pretty much the same.
Only problem is the same one we've been looking at for a long time - can they sell it?
It looks like they're trying to solve that problem with the latest two announcements.
I'm talking sales in the thousands not the hundreds as MODERATELY SUCCESSFUL. Seems like that should be doable.
Been playing with a calculator. If they manage this company right, and if they are moderately successful with sales, the numbers on the calculator are breath taking.
Yea, me too. Would love to see some buying in here next week. News of any variety would help with that.
Yes, I am looking forward to next week. The most interesting question of the moment for me is - where is the trading going to start? With so little trading having gone on, it's only a guess where it will begin. Those few trades were at .04, .05, and then down to .02. So will it be at .20, .40, .50?
Then if there is any buying pressure it should move up pretty fast - with so few shares left.
Correction. It's 500 on the offer at .44 on cnsx. It's not even available for trade on the OTC. Something's not finished yet. Maybe next week?
Offer is at .44 on cnsx. 250 shares - a trial balloon, I'm sure.
I'm hoping, too. Looks like the reverse split is done, but bids and asks are still there as if under the old structure. Keep looking for when that's going to change. Should be 10x higher, I would think.
All bids and offers are out on cnsx. Must be that today were last trades on old share structure.
Yea, hmmm. Maybe something is happening...Roll back and then trading.
Yea, hmmm. Maybe something is happening...Roll back and then trading.
Time will tell on that one. Can look that way right now. But I still have my money here.
Trading today - 20,000 on cnsx and 17,000 on OTC. Cheapest on cnsx now at .30. Still 14,000 left at .05 on OTC. Some traded at .07 on cnsx - or tht would be .70 after the split.
Nor am I. That's why I put it out there - hoping there would be people with knowledge of the ways of world in this kind of move.
Also - been watching it closely. No roll back of the shares so far today - the 17th.
Been thinking about the small share structure (22+Million) shrunk to 2.2 M. Then a ceiling of 10M for A/S. Any thoughts on why so small?
Drive the stock price up faster?
Investor wants more control?
Other?
Starting Monday.
13M shares for trading. That will be 1.3M. Not a lot of shares. Should make it interesting if buying starts.
That will interesting. A bold move here. But they've been careful so far. Good choice could set us up to get out of penny land.
Reverse split.
Error on my part. I hit the wrong company. Finger too wide on touch screen. My apology. Our company has traded though. Offers at .03 and .015 taken out.
You may be right. Huge change on CNSX. Bid at half a penny - lots of them. And offer at a penny and a half them. Lots of them. And a trade at half a penny. Doesn't make the stomach feel good.
Been so long. Don't see anyone getting out, though. Year end tax loss season may see some jumping ship.
Next year make or break - IMHO.
And the .05 offer gone. Offer now at .10. If the raising bid and offer mean anything - on the CNSX.
Did they just change chairs on the Titanic?
Sounds like inside information to me to. Need to be careful here.
It could be they are deep pockets and can fund the building of the facility. But what, then, is the pay agreement with them? Can't be good will.
I agree with Hal about the Indian reservation seeming real. It's the first thing I've seen where money could actually be made. Only question I have is how they are going to get the money to build the facility before revenue starts.
They either got to borrow or sell shares.
It'd be nice if some big group with lots of cash came in and said 'We'll build this for you. All you have to do is sit back and let us do this and when the product is ready for market, you can collect the money'. Don't think that's going to happen.
ICBU needs to put some skin the game to get this built. Unless they have the cash, that would have to be a loan or shares.