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A RS is never good for its common shareholders. It's already dropping, wait until intraday and volume picks up, this will drop even faster.
500 million worth that got diluted
Hope it turns out good for everyone and the company gets the pps over $10.
Not with the dilution. I would say yes if they reduced the Authorized Shares as well, but leaving it at 1.78 billion. No
They announceda a Reverse Split of 1 for 20. Effective at 5 pm est today. Well reflect tomorrow at open.
Thanks, at least I would lower the authorized shares as well to show confidence
It will drop. If close at .10, will open at $2 but will dilute from 89 million shares to the 1.78 billion again.
Yes, but they need to be a limit of how much is enough. 2 billion shares is ridiculous.
Notice they don't plan on reducing the Authorized Shares!.. they will dilute to max again
They diluted this past week, max the AS and now RS
Oouch.. 1-20 REVERSED SPLIT and to follow with more dilution
Told you, .10 coming. Lol
100% dilution is going on. Over billions traded this past week and it can't move more than 2-3 cents.
Back under .10 soon
Jumped from 1 scam to another. Aei to xela
Oouch, entire week gains wiped out in 1 day!!!
Always "NEXT WEEK"
Yep, silence when you realized this was a scam
This is a Chinese run scam that the sec need to Crack down on.
What happen to .33?
Right in the 8k brother,
"Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, "
https://www.otcmarkets.com/filing/html?id=15957274&guid=WKU-knejEd9kdth
If they aren't above $1 by January 2023 and hold for 10 consecutive days.
Got more to short? .21 coming soon to a broker near you!!
You can count on no news or updates unless it's more notes or offerings until the RS announcement in January
6 months to cover. Will be under .20 by than
Give it a rest. Not happening.
Everyone expected volume from the vote in June for CEO to buy 34 million in the open market but that was a lie from the company. He got the shares handed to him instead.
Absolutely no interest in this company. It's a Shorts dream..
Just another delay by the company, so YES... Company just delaying the RS to issue more notes and offerings
No news until January 2023!!! When RS is announced
8k out about the extension, WHERE IS THE CHASE?
LOL
Back to .25 and .20 before the next update
Lol, so you need to wait another 6 months to try and get compliant in which they won't.
8k for what? You won't get an 8k for delisting..
Bro,no one is chasing. Just ppl flipping between .29-.32
That's it, it will go back down once they are done.
Again, Chan was supposed to buy his 34 million shares from the June vote on the open market, but he didn't (claimed he got it all on July 17th, which they were under 3 million volume)
He was just handed the shares and that was it, if he would have bought them on the open market, we would of had volume and this would have been over .50.
Volume would have been here if the 8k and form 4 was filed premarket instead of 2 hours after intraday closed yesterday.
Chan lost the opportunity for the pps to go north.
Yep, unfortunately people are living in a fairy tale land. They need to go back and read the 8ks and news for all the companies Chan and family run.
Almost all the Convertible notes are among each other, give each other free shares to convert and cash out and becomes a millionaire..
Wash, rinse, repeat every 3-4 months. That last shelf offering put the knife in the heart of this.
Why does the bid keep getting taken out?
Think about that. This company is run by a ceo and family.
This will not move up at all. Be lucky to get back to .40, but most likely won't happen without a RS.
Back under .30, company is a scam. Gives ceo free shares but makes it look like he is buying them.
If that news was Bullish, why release it hours after market close?
Would have been a better chance of pps moving if released premarket.
Again, Chan is doing rookie mistakes and other ceos, even on the otc know better.
Still waiting
So, what happen to that .33?
So