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I already posted what the SEC rules say. If you want to believe the OTC acts against or ignores those feel free.
Again, I am referring to buying PGPM at this time as a "cheap lotto ticket" and gave my reasons as to why I thought it was worth the small cost I put into it. I also buy a $5 scratch-off at the gas station when I fill up. Some times it pays, some times it doesn't.
I apologize, you're right that the SEC can only suspend for 10 days. However, the OTC doesn't automatically resume after a suspension. Per the SEC:
"For stocks that quote in the OTC market (which includes stocks quoted on the Bulletin Board and OTC Link (f/k/a Pink Sheets)), quoting does not automatically resume when a ten-day suspension ends. Before OTC stock quoting can resume after a suspension period, SEC regulations require a broker-dealer to review specific information about the company in accordance with Exchange Act Rule 15c2-11 and FINRA Rule 6432. If a broker-dealer does not have confidence that a company’s financial statements are reasonably current and accurate in all material respects, especially in light of the questions that may have been raised by the SEC suspension action, then a broker-dealer may not publish a quote for the company’s stock. The OTC markets function through dealer systems where only broker-dealers may quote and facilitate trading in OTC stocks."
The speculation on this board about the SEC investigation ranges from only the issue with the differing outstanding shares to complete fraud involving all assets reported by the company. Many posters are claiming their opinion is the truth, which I find highly unlikely since the SEC has not completed the investigation and has definitely not released their results.
IMO the SEC would not have removed the suspension if the company had fraudulently reported assets. The company indicates the investigation was triggered by the difference in reported shares, which is provable (different amount of shares was reported), is a likely SEC trigger, and is minor enough the removal of the suspension is warranted.
According to yesterday's PR, audited financials should be coming out in the next couple weeks. Assuming that to be true, at that time we'll know the audited assets and the true value of the company. I think it's highly likely the audited assets will fall in line with what was previously reported.
Again, I see a company that was dark for 7 years suddenly taking extraordinary pains to come current. They messed up in a report, that happens. There's still the question of WHY they want to be current - why now, why pay the extra $$, why bother with the audit?
There is enough going on I believe PGPM is still undervalued. As I already stated, I bought a CHEAP "lotto ticket" yesterday. The SEC investigation and lack of current status are warning flags. Don't throw your life savings into this. But if this does go to $.04-.06 pps, as most of us previously thought it should based on the asset evaluation alone, a cheap lotto ticket will be looking pretty good. If it goes higher based on whatever reason the company wanted to suddenly go current in the first place, well maybe I'll get my sailboat.
All IMO. Do your own DD and decide for yourself.
2 Months ago the reverse merger mention would have sent this into dime+ range. I think everyone's licking too fresh of wounds to trust the company ATM. In the meantime, I picked up a SMALL "lotto ticket" here in case. Here's to this $&*!% stock hitting $5 & paying me back!
I'm eyeballing it at this price & thinking it's going to go up again. .01 I'm not sure of, but at least halfway there I think.
Haven't been here in a while, but still check in from time to time. Let me guess: still only able to move product if they give it away, still a name change "right around the corner"... and still falling pps.
Dingle, dingle, dangle...
UBQU will eventually grow & the pps will head up again, but there's still more falling to do before the CEO gets his head screwed on straight. When that happens I'll buy back in.
I think I speak for all of us when I say I hope RJDG is an example that can be used to promote the program on the website! "Early factor 13, went up 3500%!"
I'd love that, but I think it's a high estimate for 2017. Possibly in 2018 though. What I'm more interested in is beyond that. I see massive long-term potential here, similar to buying Apple or Amazon in 1997. This is a potential 10-15 year retirement piggy bank.
I was in earlier, 50k shares at .17. Figure I'll check it again in 6 months.
In at .019 for a starter position.
This is just a retreat after a solid run. It happened each of the last 3 runs. It'll drop low today (30-50%), then fade down slowly the next 5-7 trading days, then churn until the next bigger step. I predict we close around .11-.12 today.
I think you could be right. Looking at the chart, flippers turn this after a run & re-buy in. Historically drops anywhere from 30-50% in a day after any 3-4 day big run (see 3/20, 5/4, and 6/8).
That said, there are some NICE stairsteps here over time & I like what the company's doing. I'm watching for now & will probably buy in long during the next dip.
Well I was thinking it'd step up again on volume today but not looking that way. In at 3's yesterday, free shares at 6's, took the freebies out at 4 today. GLTA longs, hope news breaks & this soars for you.
Volume is looking great today, 76 Mil in 45 mins. Price follows volume. A few naysayers on the board coincide nicely with the typically short MM's that are throwing ask walls on L2.
BURNING through the 5's, load this cheap while you can!
Almost 40 Mil volume in first 15 minutes, on track to be another big day!
Only about $10k busts us through 5's and 6's. This thing is THIN!
L2 is looking GREAT and THIN!!! Snag those 6's & 7's before they're gone!
Not sure why yesterday's news didn't also include this institutional investor - 60 Million shares based on the February 13Q & it's still listed with the SEC.
Whoops a link would help:
February 13G
Half a billion volume yesterday, #2 on the BOB, #47 on yesterday's most read boards. Lots of attention going into this morning!
I've said the same thing about many other stocks that had less going for them than $SCIE & jumped like crazy.
$SCIE: Pink current trip (how often do you run into that?), strong patent portfolio of non-invasive cancer detection equipment, tail end of FDA approval process, new focus of actively selling in the EU (where they already have approval), and probably the most important at this exact moment - MASSIVE and growing volume over the last 48 hours.
From Pistol Pete: "$SCIE they are looking really good today though"
$.0001-$.0011 News, DDs & Charts Only!!! Post 20053
$SCIE Up 66% yesterday on massive volume, set up for a gap! Pink Current Trip.
$SCIE Up 66% yesterday on massive volume, set up for a gap! Pink Current Trip.
Good morning $SCIE! Looking forward to another great day of trading!
I called a run to 7 today, called 3x volume over yesterday (we beat that), and called the volume during power hour. Admittedly, I predicted a potential hit to .001 today which didn't happen. I'm still batting .750 and will take that bet. This is gapping tomorrow.
Set up for a gap in the AM. Volume has been steadily increasing for 2 days. If it keeps up tomorrow this rockets!
$SCIE SET UP FOR A GAP TOMORROW! Up 66% on half a Billion volume today. Pink Current Trip!
Half a Billion volume today. #1 on the Breakout Board and climbing on the most read boards. There's going to be some great visibility going into tomorrow, should take off like a rocket!
Strong volume throughout the day, charts are showing a nice stairstep that should continue tomorrow! Possible gap in the AM 6 or 7. Of course there was a $200 last minute trade to bump us back to 5's, but that's just game-playing. In all a great day!
Definitely setting up for a gap in the AM! Should be another great stepping day tomorrow!
5's are gone & almost 55 Million volume in the last 30 mins. Closing strong, tomorrow should be huge!!!
$SCIE HUGE VOLUME DAY Up 66%, thin L2, Pink Current Trip!
Hmm.. going to have to try this double-drunk thing tonight...
26 Mil volume in the last 5 mins! Buyers are loading as cheaply as possible before the next step tomorrow!
Volume picking up again, 5's are gone on L2 back up to 6's. If we finish strong this gaps up tomorrow.
Great time to load! About $14k wipes the asks, L2 is THIN!
$SCIE Up 66% on HUGE volume today, Power Hour should be great! Pink Current Trip.
$SCIE Up 66% on HUGE volume today, looking great into Power Hour! Pink Current Trip!
$SCIE Up 66% on HUGE volume today! Pink current Trip.
$SCIE Up 66% HUGE Volume day! Pink Current Trip.