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Short festival will commence soon, tens of millions of shares available for a company with no revenue, but organized pumping campaign to enrich insiders at the expense of new uninformed newbies.
$20 will be a gift if it happens.
Insiders own tens of millions of shares that will be shorted and delivered later, who cares if retail bag holds for years.
This will become a short fest once it’s listed on NASDAQ.
Common stock par value $0.0001 and over $38 millions of stock up for sale, can this get better than this?
Why buy at $3.50 when U can buy at $2.50?
I think the amount of interest in this security will carry on in the next trading days, but I love to hear your opinion.
Without the secondary offer this could easily climbed over $15 on Friday.
Halted again?
Is it halted?
That I don’t know, but they can’t sell in pre market.
Out of this for now, Robin Hood army can’t sell until market opens.
Lol, I love the picture.
Good entry, the volume speaks for itself.
Yes sir, very bad timing. Without it we could’ve was passed $8 in pre market.
What dose it mean, to people not good with reading fillings?
Amendment to the previous offering which was made on October 16, 2018, not a new offering.
Man I told u not to miss the SEEL big run. And U are stuck here pumping pos.
Get in SEEL and don’t even thank me. Lol
SEEL will follow BPTH.
A falling knife ?? but wait until it settles.
Which broker you are using?
It seems that Company would be remaining as a shell with no assets after the sale closes. It will be interesting to see, what management has for common share holders in store.
Filling for BK is considered a reasonable ground for delisting, not just PPS.
I am waiting for the delisting shock.
Thank you, you are most welcome to share any information you may have on this ticker. What I read from the fillings is pointing to issuance of new shares. I don’t know if current share holder would get anything?
They are awaiting court approval.
The Company has filed a motion with the Bankruptcy Court seeking approval of its entry into and authorization to perform under the RSA, which contains certain milestone dates and other usual and customary terms for agreements of this kind.
According to 6K, all of the newly issued shares of reorganized company would be assigned to Mercuria. I don’t understand the folks on this board thinking their shares worth anything.
The RSA contemplates that the parties thereto will support a plan of reorganization (the “Plan”) of the Company and its subsidiaries that are debtors in its chapter 11 cases under which Mercuria would receive 100% of the common equity of the Reorganized Company and, indirectly, its subsidiaries in consideration for the cancellation of its pre-petition and post-petition secured claims against the Company.
What a beautiful short it would be on NASDAQ for a company with such high PPS compared to its earnings.
If you are so confident about the technical chart then why sweat yourself to death trying to convince others to sell? U should set back and wait for your favorite entry point.
Lol relax man, the ticker is changing due to up listing, the computers are showing the pre delisting number.
Check out StockTwits, this buying is not ihub money.
Just got off the phone with E*TRADE, there will be no restriction to sell shares after up listing. All in is talking BS.
It’s was the news catalyst to shoot up the PPS, otherwise who would listen to you to buy or sell?
This is a business park housing many businesses. Nothing suspicious here.
It’s great to see 45000 jobs saved, but the valid question is, will common share holders survive?
There will be a big squeeze.
Yes that’s exactly
Yes your broker will transfer your shares to NYSE on Tuesday.
Yes they did it right this time, they won the appeal and now they are going to list on NYSE. I think the company was the target of prejudice and biased judgement because it carried a foreign name.