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Wow, so supposedly in April we are going to get an idea what they are planning to do. I definitely will be looking forward to it.
https://twitter.com/IncByoc/status/1510007948419940362?s=20&t=S0lo58MDDbVfTlBUqw-VPg
Yep, that directly calculates to that amount in $, plus that is what the pps at that time.
Still wondering who has done all the buying.
Well, near the top of the 10K, the OS is 15,441,610,289 shares now, so he may have taken more.
But I did not see in my glance over Geordan took shares... very interesting, plus Peter got shares to and hasn't sold.
I'm happy the Elettricars deal is dead, the 1st thing that came to my mind was how is the infrastructure going to work, as they aren't setup for that type of business model.
There's other things ive liked and other things I didn't like (such as zero revenue growth) in the 10k. But Danielle did explain why in the last video, plus they are bringing outsourced services inhouse, which is likely the software pc. So R&D might be software, which coincides with new contracts and such.
As you say, something is going to kick this off.
One thing we can always agree, is we will always disagree, lol.
That's exactly how things work. Look at all the other pops the past 1.5+ years. Hell, look at every other stock in existence, lolololol. So human nature is nonsense I guess, omg lol.
Maybe that is the plan... and It's a great plan... when this gets going, many will exit above .001 and those shares will be snatched up just as they were before. Perhaps more dilution sprinkled in to get that massive volume and keep everyone scared. Then take this up and watch the chase happen. And it will happen, mark it!
As for myself, I will take advantage of it all, so you are actually correct in your statement there...
As I've always said, what better time for insiders to buy, when it's down here in the dumps when nobody wants it.
Actually they bought the majority in the .001-.002 range, as I've said so many times now.
Much like War said, when this 2X, 4X, 6X or whatever it starts the run at.... at least 10 times more people will buy BYOC regardless of the dilution history, as opposed to when a stock drops in half, 1/4 of the people will buy the stock.
If company seems cheap and has something going for it, I prefer to be in that 1/4 group.
Quote: "It’s like they have so little confidence in their own stock that they sell right into the pump just to make sure the bag holders don’t sell first."
Much like everything else that's posted here, this is just plain silly wrong... like usual. But you know that.
The only problem with that is, there's no retail that bought millions of dollars worth of diluted BYOC stock. There's no group of retail that bought millions of dollars worth 9f diluted BYOC shares either.
So therefore they know exactly who bought up the millions of dollars worth of diluted BYOC shares, so you are incorrect again as usual.
Also, pretty much everybody here are bagholders, including yourself.
BYOC fearmongering is pretty much useless at this point, wouldn't we all agree, lol. Nope, it's nonstop...but it's on every stock in the universe, so don't stop on account of me, lol.
Did you watch the video, and for that matter, the previous video where they are eliciting questions from retail?
Pretty interesting how Danielle responded.
Completely, totally, and ecstatically agree War!!
100%
As for uplisting, that's always been the goal... why stay down here in this shitshow of an exchange, where nobody holds and the company isn't making me rich fast enough. Uplist was part of overall plan, as Danielle said, of George Pursglove, Geordians father. This is how many investors would get their money back.
Yes, BYOC is NOT going to do an RS down here, I'd venture they can and will run this to between .05 to .10 before dming an RS.
Peope like to fearmonger post, happens all the time on so many stocks, is what it is I guess
Happy anniversary Raw!
I'm seeing and hearing the same exact thing the OTC is coming alive again.
I've tripled my money in MUL$, so I have gains that I can roll over from there, however this next week looks like the best is coming from when I entered 2 weeks ago. Will see.
I'll have to weigh my options here.
You can ask, you can guess what type of answer you're going to get, as that is highly insider information. Likely, the answer is the BOD has no plans because that would be safest.
In reality, with what's going on with their meetings, the constant dilution, Danielle's comments... a reverse merger does seem highly likely.
Every year, they roll up the Q4 into the yearly 10K, no worries
That was a strong video, imo. I liked all of the answers, especially from my questions, of course.
Will be very curious how this plays out and how the 10K looks.
Pretty damn hard to disagree with that!
Hopefully we will start to understand what's been going on soon.
I did like this post and almost agree 100%, except for the 10 trillion, lol
I wish I was in a tunnel, that would be better than the dungeon that we are in now.
As War said, this is bloody brutal... but sets up for more opportunities to average down if you can... god damn it but expected.
More to War, than myself... but it'll keep me on my toes today.
Go BYOC too... at least at some point.
Based on what I'm seeing and the publicity that's occurring it's on a roll. My average is a little above that, as I entered with piddly amounts on dips. Wish I had a good fraction of what War has, but I'm happy to have the opportunity.
Seeing OTC starting to turn possibly, so that is good. 10k in a few weeks, so please have some revenue growth here, good god the new contracts announced from 2020 was a long time ago now.
Yes, MUL$ is listed on Nas but was brought down in the last couple of months and past 2 weeks it is easy to tell, like in BYOC, the reason why the drop. Dilution!
Note that the company used to be an OTC company that uplisted/ graduated to Nas. No doubt some of those investors sold off and short sellers and hedges helped bring it down.
On thurs this company announced or had 13F/ G filings for big money investors or institutions coming in to accumulate this dilution. Smart money only takes large positions at discounts, so dilution isn't necessarily a bad thing, in fact the opposite if the company is using the funds to grow, which that company is definitely growing.
So I believe a similar thing is taking place with BYOC to grow, but instead shares are being accumulated by close associates to the BYOC BOD and likely the recent folks they've made contact with or something else that nobody knows about. Or who knows?
Hell yeah Raw... I've been ecstatic that BYOC is trying to get into the electrical products and battery industry.
I'm a big supporter of the EV industry along with electrical projects from small handhelds, yard & commercial & service industries... and beyond with power storage. I was involved in modular battery pack design and manufacturing process with a previous supplier that is now supplying batteries to the likes of Club Car, the well known golf cart company. So I have some personal interest in the battery powered electrical products industry and fidget with them as a hobby too.
Well, War and I know of one that is getting a ton of action and it's a another interesting EV play... there's been dilution with it big time, but its moving along with momentum, it was a fun one to watch this past week, with next wk looking
even more fun than this past week.
Hopefully, BYOC can gain a stake of some sort into the EV industry, which their recent posts seem to indicate.
Biden and California is promoting EV hugely with the rise of oil and gas prices because of stupid Russia, but I think both of those would have risen anyway with Biden/CA. CA is primarily where the BYOC team went. Again, hopefully something comes of value out of all of this action and not just dangling the carrot in our faces and this drags on.
Of course, who primarily bought all of the millions of dollars worth of dilution, so there's that. We need that guy on twitter who tracks Elon and the Russian oligarchs airplanes, to track Geordan and the BYOC team, to see if they're not vacationing on islands or tropical places on shareholders dime, like Mith says.
They all went to the OS, non webkit to restricted.
One thing for what the otc has turned into now, maybe the continued weeding out of scam stocks and perhaps further regulation and more SEC... Or I should I say more over sight/ regulation by otcmarkets.com and MMs, as what I have read is they are being given more authority with the OTC exchange... perhaps to make it more legitimate. Money volume has nonetheless been flowing progressively more into this exchange... and NOT by retail. No way.
However like you, I don't understand why there's more dilution with so many companies, as well. Maybe more regulation is coming and it's going to be more expensive to raise funds through traditional raises and offerings. Case in point MUL$... dilution went to market quite a bit from 22 million to 188+... aand that's after a big drop in pps.
It's all curious, for sure
Companies go through dilution, every company in existence has diluted in its life span.
Long time, no see War, lol.
A little over 6 billion for Discover, so let's get cranking.
And don't forget Geordan needs to make room for his shares, which the full amount of the 1.50 million is complete in July.
So what are they up to with these videos and as of Weds for Q&A purposes....which to be quite frank, are not not needed for the investors they truly care about. Maybe they're for what's left of the otc retail people still in this.
Myself and guys I know, don't really like the videos. Historically a bad idea, as they've done this a few times now. We know what otc traders do, which is to attack and be negative, worse here than any other exchange. Maybe this time will be different, but..
I've loved how this has played out this far.. very predictable and most importantly healthy... despite the dilution... which is never bad if its for a good reason, which this definitely seems to be
A gap after 1.50? Super, lets hope so!!... i'll play accordingly with my piddly amount. Hehe
Lol, its pretty easy to spot dilution, we know that all to well, don't we... lol
I didn't believe the short squeeze theory either, considering the volume.
Clearly as well as other companies we know of, dilution is being used for something good, which requires cash.
Also, with the 13f or whatever filings show institutional or some big money investor has taken a position in the company, which is good.
As you said the price came down, and there's always a reason behind this, especially if new big $$$ wants in. Big money likes to get in at a discount, which shouldn't be all that surprising.
Lastly, unless they really want to kill momentum and scare retail away, this won't go much lower than the low today, but will see... got to trip those stops, lol The TA is going or is already bullish on many fronts, so there's that. Looks like it will rise on much less volume, but we'll see.
Wish I could have a bigger position here, but is what it is... keeping an eye on this one either way.
Ditto!!
Agreed, I liked what I saw today, very healthy and lots of volume, no doubt from all the publicity the past few days. Should get interesting tomorrow.
Well, that wasn't at my stop since that's where I bought. Got more sitting down there if they want to have another run for it, which looks like they may try again from what I'm seeing.
Fortune favors the bold and today was interesting.
If it gets out of control and lower, I got my stops in, so no harm, no foul. Minor loss and ill pick it up lower then.
Since I like EV plays, hehe, I picked up some this afternoon here. Go MULN!
& Thanks War!
From an investor standpoint, either existing or just coming in, what a nice place to take a position and how nice of the company to provide future wealth at the current pps discount and 52 week lows.
Something to think about. BYOC
This is the most MMs I have seen on L2 for awhile. I don't like the new ones historically, but I am happy there's more MMs nonetheless, as thats generally a good thing.
Will see
Future looks pretty damn bright, light em up with those EV LEDs!!
None, the institutional investor incorporated 2 million dollars worth for 200 million shares valued at 1 cent, while the dilution is accumulated by long investors and to grow the shareholder base.
I'm pretty happy with their trips that they have made and any future ones they plan on making, visiting companies that are in or will be in the EV space soon.
1: Karma Automotive
2: Atlis Motor vehicles
3: Elettricars (owner is part of Car Studio)
4: Electricbuilt (Owner is Remo Weber of XPO Sales for Airport shuttling)
5: City Freighter (small stake in a new startup for last Mile logistics)
On top of that, they were looking forward to contracts going live with S800, so maybe they will also be growing organically. And who knows, maybe S800 has software for telematics.
As far as I understand from my otc experience, hearing from multiple people, when trades take place out to 5 decimal places, that's purely MM trades. But that's just what I've heard.
They're useless trades imo other than to provoke fear.
They did not disclose that amount, nor was the purchase price of shares disclosed by City Freighter.
But on that specific round the amount that BYOC invested 250k, the % of the total was close to 50%. To me and as far as I'm aware, until City Freighter generates a listing or more importantly does a reg a+ or other funding round, the % wil be diluted. That is how crowdfunding works