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Looks like some peeps have been able to scoop up about 6.2M at .001 the last couple hours. Not much to get this back on the move up but it's not bad to have a pull back on lower volume after a big volume day. The .001 to .0015 range has been cleared out quite a bit and this will move past that range on next spark, just like the .0005 to .001 range before it.
Of course there is a chance this goes back on its own. Not sure about any time soon. The revenue here does make it undervalued, however management is very questionable currently. I had an email conversation with Spa Man himself and he is more than a little frustrated with XGEN. I get the opinion that they are trying to take him to the cleaners and use his company for high interest loans which has him very stressed out. I haven't called him yet to get more details but not a good sign and definitely why we have seen no follow up to the deal.
Carole does not respond to me anymore and I am now fairly certain that the reports here are true and that she and her husband leave most actual management up to a very shady third party who is never even mentioned in any of their reports.
Do what you gotta do Mutt. This will likely rise again but not sure what it would take as it is now obvious that over the years, this has been used as an ATM and short money maker for very shady associates of management.
This is why, even with all the positive news and big volume both initially and back in last August, there was never any increase in PPS.
This is, of course, my opinion. Not trying to be negative, just stating what has become obvious, even for someone as optimistic about the company as I have been.
Yep. Good support and 140M more shares in accumulation at this level. News will come in the next couple weeks when it is ready. Need 8k and financials also.
Nothing has changed here at all except a bigger base. I knew once there was a big volume day like yesterday there would be a lot of selling by longer holders and cheerleaders who have been waiting for the opportunity. One thing you can count on. A little residual from some fear mongering this morning but looks like not much and still could be strong week...
This was the share structure long before you put ur nut on the chopping block.
Hard to believe that after 107M in positive volume this still sits at 12x13. Lot of flipping and bad trading this morning but is just setting up for stronger run now. I think we see 15s test this afternoon and push towards 20s and beyond later this week.
With any decent volume this afternoon we could break 15s and possibly start to test major resistance between 16 and 19...
Nope. This is the loading before the run. Getting old holders out and creating new base for much bigger move.
For those confused...A pre-release means a few clothes are releasing. Hence the "pre." Don't mistake this as a PR release...
Noon brings us a pre-release of spring line NOT a press release, just so we aren't expecting too much today.
Lets get some hits at 15 and solidify the bid at 14 and we will be in great shape. No need for parabolic move quite yet already 100M shares stronger at these levels that is great start for continued move...
We have those people here but we don't own 888M shares so there will be some dumping and flipping at each level but hopefully the new buyers will start becoming smarter as we move up.
15s up and only 2.6M, getting thinner with each step...
Break of 14s now seem imminent, 1.7M left and bid rising. 18s and 19s will be the real test and ultimate resistance...
3 year accumulation line now reads 890M, does that number seem familiar??
Dumb trading, as usual in the first hour after weekend. Now loading seems done, 6M+ to break 14s and this starts really going.
Lot of new cheerleaders here selling into volume for sure. Saw that coming early today. Once things settle this should move, higher, stronger base being set up.
Obviously there is an attempt to load as many as possible at 11. Huge volume there considering how thin it has been last week. Wonder who is actually selling into that? Doesn't seem smart.
Clearly. Now 78M+ on bid, that's rather large.
There were bound to be new sellers this morn after all the new attention. People trying to flip from 5s and 6s and peeps trying to get out from last spike. Only 4m on 4s and now 78M showing on bid at 11s?!?! Whoa.
Ask and bid both start off stacked and both at .0011? Odd.
They did buddy. I'm a UW grad & always dreamed for last 35 yrs the Badgers would play for title, well here we go.... Let's go underdog Wisconsin & EVDR.
Well, I'm down with that plan if everyone else is. Something tells me that won't be the case however....
Yeah. IHub has had it's issues of late. Was kind of strange that there were sells to meet the volume eod yesterday at .001 and .0011 because there has never been that much listed on the ask. Either someone wanted out for wknd and saw volume as an opportunity or someone got some sweetheart deals on a limit order.
Where are you getting the .0009 number from? iHub is showing that as current pps but it closed at .0011 yesterday and only 1.8M of the 15.8M were traded at .0009. 10.M was traded at .001 and 3.5M at .0011.
I think margins will be quite good. Actual revenue and volume of sales isn't that important currently as the potential for growth is what matters at this point.
Just getting an 8k out and starting a regular financial reporting schedule is the important thing...
No way of knowing for sure until we see the update financials which per CEO should be very soon, quite possibly next week. It would be great to see some sort of share reduction but wouldn't that be something he would put an announcement out for??
This could very well see pennies. No telling the time frame as it could happen in 2 trading days or could be sustained climb up. Would rather see the later but there have been many big runners so far this year and they seem to sustain the penny level at least for awhile.
Is this the next ETLS? Kidding, that ended up being a POS. Just remember you from there back in '10. Made some good coin on that one...
Sort of. I thought the 14M at ask EOD would spark big move based on how thin L2 was. Yet, there were sellers enough to keep it down. They will be gone soon tho & the more that sell down here, the quicker & further this moves...
More big boys are coming early next week for sure. Would be great to see 8k and a PR about Amazon along with spring line right after there is some more huge loading...
I have been in that situation 2 or 3 times also. Each time it went to at least 2 cents. Looking for the same thing here.
Obvious attempt by someone to hold this back currently. I put in 100 share buy at ask just to see what would happen and it was meet with and IMMEDIATE 2M down tick of ask to 10s... Suspicious.
Missed the last couple hours. Looks like 14.5M hit ask at 10s and 11s and yet no break.... Still 3.5M on ask at 11s, wonder why so much on ask all of a sudden, right when big buying comes in??
Yeah, that is the argument me and JB were in months ago. Jonathan is Angelo's son and works for Belmont Acquisitions. JB kept suggesting there was something in Jonathan's past that was sketchy or criminal and I asked him what he meant. He kept saying he was talking to sub-contractors and they were telling him Angelo was heavily involved and running things as they dealt with him all the time. I asked Carole about this and she told me 'I wouldn't say that he is heavily involved but is helping temporarily to get a couple management plans up and running'. There has never been any public info which states that Angelo is involved with the company but I believe that he definitely is and has been a major reason as to the PPS being where it is. That's what the guy does, he manipulates and destroys start up companies.
Yep, someone just took a 2M share dump at .0009. Only real trade today. Kind of disappointing, thought maybe there would be some action today. Guess it will be next week.
That is good to see and very rare in pinky world to see that kind of transparency and swift attention to issues.
Thanks Jack, good to see you back from the Big House.
I would ask Carole that but she is not answering me anymore it seems. I am not sure I will ever receive honest replies from her again.
When do you think we will see the expose on Tullo's involvement with XGEN and the scam wind deal?
Bid and ask both fickle today and dropping a bit. Could be a slow day here. Next week we need a spark.
Not sure why JBs post got removed. It wasn't removed by a moderator but iHub admin, possibly at the request of a mod?
I have gotten no response from Carole for a couple weeks except a denial on knowing one Jack Brown, which I tend to doubt at this point.
What I keep asking her is for some follow through on the SpaMan deal which in Q report looks to be done deal but yet there has been no announcement.
The McKee lawsuit info posted by Choiceman was a link to nowhere essentially and will look into that more to see what that is all about. There has been litigation between McKee and Maggi and XGEN and Maggi, so I wonder if this is some off shoot of that.
Wish I had more 'useful' information but they aren't to forthcoming at all.
So far $1.22 in smart money today. Would be nice to see just a bit more.
I don't doubt that, I think a huge run is on the way. However, not sure the stop sign is a mistake. It isn't that big of a deal, just a warning to investors that no current info is available and if they have access to info that isn't available that could be considered insider trading. Luckily, I don't have any of that info.
The due date may well be end of April, but would be nice to take care of that ASAP and get a trend of regular reporting in place...