Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'll give you the fact that the last Q and A contained several lies....
That you are correct about. I still wont be judging untilm the company gives word
Honestly there are so many things they could have handled much better...back when they issued the 10%divy they could have instead just issued the shares creating the same dillution but giving the company enough working capital to explore LDM on their own and prove up some reserves.
Instead they hitched their wagon to a dead horse. Hopefully the other horses are strong enough to make up for the dead one. We wont hear anything of substance until June or July mark it. Also I wouldn't be surprised to see .05 ( this wont scare me away but I really would not be surprised)
PS. I guess No update in March...another dissapointing lie as per the last update but I did expect this
Yes i think many of us can agree that Amarant is a really crappy company. They have some terrible management and can't get anything done. They are like the italian government.
But it doesnt matter because there are other companies involved. We don't know who but that is the reason we will get funding. Amarant reminds me of an underground operation trying to look like a legit mining company.
Still long and strong waiting for July 12.
still dont know who these "promoters" are...no one ever said it was going to be march for sure. Every month is not a "bust" just because it is the end of the month. It is going to happen between now and July 12th.
It is very insignificant it is a few individuals trying to increase their position by shaking out a few weak hands and taking their shares at lower levels
looks to me like a pretty standard shakeout before news... 1.1 mill shares brought us from .069 - .058...and 1 million more shares have brought us back to .064... someone just did quite well....also when a penny stock runs up prior to news it usually drops after.. a small drop before news is absolutely NOTHING to worry about and could even cause more of a pop
or good news and this is a shakeout
Yea Warren Buffet also doesnt have to worry about day to day expenses such as gasoline, food, shelter, bills etc. he lives in a fantasy world compared to us regular humans
do you see that maybe something is not right here? nice increase in cash, supposedly great company and the bid is now .03??!!
something wrong with this stock or else people would buy it. Insiders must be dumping. there arent a lot of share holders so i am sure many of them are in the know and are dumping shares..
again so glad i sold at .06 this am....
yea but you do realize that anyone with $500,000 can completely control the movement of this stock right? and use it as their personal ATM machine.
Yea because there is no liquidity in this stock...40% difference between bid/ask prices?~!?! thats brutal. This needs to tighten up.
also i'm not moving off my bid of .022 it will hit before this goes back above .08 mark it
.037...Where are you Ash?? what's going on here? you and I seem to be the only ones left here. I have my buy order in at .022.
WOOOOOW feelin pretty good right now...had a bad feeling about the fact we had NO VOLUME this morning so i got out at .06 which is what i bought into this for. I would consider buying again for sure at .02-.025 but not a chance before that happens.
here is another "EXCLUSIVE STOCK PICK" for your perusal... This came into my inbox last night stating the stock was at .0099 and was going to blow...
over course it opens at .0147 ( so you can't buy at sub penny and they know this...it goes instantly to .0179 ( alkl the suckers who got the email bought) and then the voume spiked to over 11 million shares and the stock is at .0109 ...there you have it. everyone who bought this is down 50% or more.
Due for a bounce never....this is a fake company boiler room scam...the boilers have ran out of gas though
What big hits? Where did the bid support go?!?!
Ok Ash,
not gonna lie I have been burned on a couple of these micro caps on pump and dumps...I like to give some the benefit of the doubt sometimes and i think I might just but a very small position at this level. What is your time frame on things? any projects or pending PRs in the work? I am always wary of mass profit taking and dillution in these micro caps.
So what is your price target ash? just out of curiosity
For those who didnt listen before....this IS going to no bid....this is a garbage company with sleeze ball management putting out BS PRs to dump hundreds of millions of shares at whatever price they can get..
THIS IS THEIR OWN PERSONAL ATM MACHINE STOP PUTTING MORE MONEY IN IT FOR THEM.
Hahaha waiting for the dilution and reverse splits huh?
This is looking like a better and better investment all the time...excellent PR and down over 30% today....fantastic fundamentals...clearly people have lots of confidence here
you are lucky they ONLY have 100,000,000 shares authorized...they are only going to sell 40 million more at whatever price they can get before you will see ANY value if there is any...they will then do a reverse split to wipe out the shareholders and repeat.
mark my words
buddy i am telling you to go check the PRs of the other companies i listed...
I'm done...good luck...please dont tell your friends and family to buy into this boiler room pump and dump...come on what is this 1985?
oh and btw if there was no legal opinion letter before the PR dont forget this is a pinky!! they can say whatever the hell the want they arent even full reporting.
Like i said they do these promos to DILLUTE the O/S... they will sell millions upon millions of new shares and this will drop so fast it will make your head spoin
So did GMEC LTNC SITS ILVC etc...
DO NOT BUY THIS STOCK....you are better off going to give your money to a homeless person...
The same company "Exclusive Stocks" Promoted this today when it was at over .20 of course.... sooo many lost over %75 today. The only ones who gained are the BOD who sold all of their shares this morning in the .20s right down to .06. The dilute the crap out of this...It doesnt matter what the revenues are when they increase O/S 10 fold. watch for the reverse splits and more pumping.
seriously dont get burned here i got burned twice with those " bs picks".
if you dont believe me here are the last 6 or so stocks they sent look them up...
YFRM ( They pumped at .10 dropped the following day to .05)
SITS (They pumped it to over a penny before it came all the way back to .002 (85% it dropped all on a PR saying the company got a contract)
GMEC (this was around .08-.09 when they put out the promo...i bought some at .08 and sold at .04...i believe it is now in the .03s.)
LTNC (they pumped it over .70 then cleared everyone out down to .40...this one came back slightly but thats because it has more value to pump again)
BMSN
ILVC (this was at .049 when they promo'd...dropped the same day to .025 and just today closed at .013)
TRUST ME STAY AWAY AND DO NOT LISTEN TO ANYONE WHO TELLS YOU TO BUY THIS. FOLKS IF YOU ARE ALREADY IN TAKE WHAT YOU CAN GET...DON'T LOSE ANY AMOUNT OF MONEY TO THESE SCUM BAGS...THEY PAID $200 K FOR THE PROMO AND DUMPED MILLIONS OF SHARES (ALL NEW DILLUTION)
DO YOURSELF A FAVOR STOP FUELING THESE BOILER ROOMS
Seriously folks get what you can for this and move on....its DONE DONE DONE....the reason they got new board members was to dilute another 100 M shares and they will consider that "compensation' to the members.
seriously the PRs are fake, the Company will change names in a couple weeks once this goes to no bid
Exactly!
The 1st payment is scheduled and we have no idea when that was for....could have been scheduled for April could have been up until July 12th.
As HR specified we are to receive annual payments from Amarant and the agreement was made on July 12th. they will default on their terms if they do not pay by then,
this is why i have been saying June/July...we may get some thing before then ie. LDM drilling, Jota/Ciclon offers, Discovery show, perhaps more revealing of the other partners in the consortium.
Before July 12th we should receive at least $9 million
Hell yea!
Some people here have been waiting a hell of a lot longer than others and are much more bitter for it. rightfully so...but the ones who have been here a couple years or less are the incredibly optimistic ones because we were not here for the past failed deals.
If you take the past out of the equation and look at this from a fresh new set of eyes you should be very very excited for the coming few months. we will see extreme SP appreciation
every stock the promo company that promoted this stock has put out has dropped by 50% or more.
the funniest part is that they will advertise a stock saying its trading at .0004 or whatever and by the time you get the promo and look at it the stock is already trading "up 50%" to .0006 you buy in at .006, they do a fake PR and then the stock goes down to .0002-.0003
a disaster? have you ever seen what other small cap or microcap mining companies do????? I've seen preferreds issued at .01 on stocks trading in the teens!
This is the biggest scam stock I have ever seen....also a few days ago the market cap was listed at $870,000 when the stock was at .0025 now the stock is at .002 and the market cap is over $1.01 million...MASSIVE dilution here.... they added about 130 million shares that is why we get good news and tank so they can sell 100 million shares at a time. then as kingzoo said, reverse split and repeat.
I'm not going to lie that is my number 1 fear. I know they will close the deal + get funding + possibly startt up negotiations for another deal but the 3,000,000,000 authorized is the one thing that scares the poop outta me. gives us a max SP of .30 - .40...still good but way below prior expectations.
Also my fellow americans need to give their heads a shake!!!! new eurozone crisis...COMPLETELY ignored TERRIBLE home builder sentiment this morning and a bleeping rally beginning?!?!?!?!?!?!
seriously come on when the market completely starts to ignore fundamentals and only cares about the Fed pumping money that is the beginning of something very VERY scary about to happen. We are headed for a fate FAR worse than the great depression.
This company will be gone within a week
holy crap those are some sketchy financials....disgusting
Probably should have been 2.1 million but who knows these crooks are some of the most indecent human beings there are so you never know. what i would like to do to these guys given the chance for stealing all these peoples money
I was not here for the last failed deal but was it the same as this time??
did the pruchasers put out a news release on their website saying they had made the purchase and then still backed out?
I don't know exactly what happened last time but this certainly from what i gather this is substantially different this time around.
The BOD of this company should be executed or jailed for such behavior...unbelcieveable that in this day and age they cang et away with that so easily
Amen Brova!
accumulate! Getting ready for .20-.30 in the coming months and then beyond!