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Etrade can take over a week. You're stuck. Sorry. I'll look at this one again in the fall when they're back to .000. Before they pump to rs again.
The reverse split has not happened yet. You can look at their news and easily realize your statement is false. The rs is still the looming threat until a pr is put out canceling it. Everyone knows that's why this is going down to .0001.
It wasn't. Just another silly random scare. If we see solid blocks 50mil and up dump then it would be conversions.
Wow. This is sad. The RS is always on the table until they cancel it.
It says the day the amendment is filed is the day the reverse split will take effect. So the RS is still available at any time. They could file it tomorrow morning if they felt so inclined.
Believe me they put out a pr saying the RS isn't happening I'll join the chase. Until then it's a daily looming threat.
You're probably right. They're probably getting ready for a mid to late summer RS. As you said a lot of dilution. Maybe a few more attempted pumps with cheerleaders to get rid of any remaining shares. It's getting to bloated to move much on a pump anymore though. Hope people got out in time.
I thought this may have a good bounce since they seemed to be done diluting from the last SS increase from Jan.
Nope, the raise the AS by another billion today. Two increases in 3 months is bad. Guessing RS mid to late summer.
You're absolutely right. These guys rs down here all the time. Then dilute, max out A/S and reverse split again. This one would be interesting except for the rs and raise in authorized shares. I'll wait until they tank after the rs in between the bouts of dilution.
Well this mornings PR said that the shares exchanged for the 3 million dollars would be registered and available for sale in 30 days of the closing of the financing. That's billions of shares that will be available to dump. So max out the share structure and R/S. Seems like the normal way things are done in penny land
I know, get it down to triple zeros....why don't you wait at .0008. Just do a huge bid sit.......
I was watching around then and saw it. None in a while though. They're current so they could, but they're not which is good, along with the share reduction. This may have hope yet.
It was updated on otc Jan. 27 I believe. Its the same as he stated it would be in his pr.
So your article is wrong also? Why keep posting it if it says the opposite of what you're saying?
That's funny. It says it must be reported by end of trading day 3 times in that. Yet if it was from yesterday then it would've been after hours that same day as your article states.
Just own it. They're diluting 47 mil at least today. With enough interest that shouldn't matter.
No one knows. It could dip and rip. Or it could gap up at open, fill the dip later, and go up again. Or it could drop. With the interest here I'm doubtful about the third option happening.
From the guy that admitted to selling earlier. Maybe you won't be confused later.
So I'm the only one on the bid? Wow nice to know.
We're all playing penny stocks right? These are attractive due to high changes. Does anyone else not know what they're doing?
Also an actual great post. We don't know many things. We're betting on the positive side and that the shell has been sold. This could flop, but with no dilution this looks like it will continue to rise.
That's how everyone knows you're new to this game lol. Find a better broker.
That was actually a thoughtful observation. True also. No dilution which is obvious and this is a great buy for the moment.
MM's are computer programs running on algorithms. They do not need to send cryptic messages through trade amounts.
I'm curious to see what will happen next week the the RS now off the table. Yes they could always refile it. They didn't go through with it though. Hopefully a nice run.
Why would they be a mid to long term investment? They're doing a Reverse Split in a few days! Its right there in the news! Run! If someone listened to that sort of advice they'd be wiped out by the RS and further by the share price plummeting afterwards.
After the RS when it goes back to .0001 and then buy quickly, sell on pump, and run again.
Didn't this one have an increase in authorized shares a few months back? Then I look at then chart and it has an obvious downward trend. With many more shares traded yet pps continually going lower.
I'll buy this in the summer at .0001. Unless I see more block dumps like before.
It just moves so easily. This just needs a little volume and it will be a fun ride.
That's what I figured also since it was 9 months ago and doesn't appear they received approval.
That was a nice over 80 mil dilution dump. Obvious red flags like that are nice if you're not in yet. Then you know not to get in.
Your right and look at the 3 year chart. Good constant growth there right? Seems you can grab a nice big position and easily sell it off as this keeps going up. With the almost 100 mil volume over the course of the entire year. The company keeps updating us regularly so transparency isn't an issue either. You're right buy up here. This will just keep going up.....
I'd have to agree with you. I've seen orca around for years. He's just funny. This stock hasn't had enough volume to be very profitable for anyone. Going back over 1 year and there is no volume or interest. Seems dead.
Look at my history. I was stuck in this for over a year. Didn't sell at the jump the first time and ran enthusiastically at .0002 this time. Then tried to let people know to run.
How's that working for you? Odd it's now at .0001 still. Where'd all the "to the moon" people go? Hope there weren't a bunch of people stuck in this.
I know, I was calling out his "misrepresentation" shall we call it.
Did you make good money on that run to .001? I only ask since basically no shares were traded that day or that week at all. Looks to me like this thing has been dead for years. Imo of course, simply looking at the chart for this will prove my point. Take less time to do that than a response. Glta
Looks like more of a run to see how fast the company can max out A/S. Wow, how many billions of shares in the last month and still this dismal share price. Run people. I'm not a genius but look at the share amounts traded in the last month! Yeah, scary. It took 30 seconds also to look for that. Do it more often. All imo of course.
Looks to be the low based off other spikes. Possibility of a point or two lower. Then it would be the overall average between runs. I'll have some wait there. Otherwise this seems read for a bounce in a week or two.
Same here. Glad to get out after that long with double which I'm absolutely fine with. Glta
I'm with you on both. I still have 1 from over 3 years ago that went grey and nothings traded on it since. Like you said, learning experience.
Completely agree with you. So many on the board are thrilled by it, but if you've been around you know that's scary.
Just glance quickly at a simple chart. It looks like they had a single day last year where they did the same thing and dumped 1.2 billion also. You have to go to 2 years ago to see them actually regularly trading. That means all buyers are most likely stuck here for a long time for no profit just happy they got out. All imo of course. Just look at a chart for 30 seconds on this and it's scary.
Yes it was they dumped 1.2 billion in one go on Friday. I can't believe there were even that many people that would want this based off all of the obvious dilution in the past month.