Jan 10 2019 ...BTC $4000
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Excellent Read
Thank You
This is KEY.....
"The last six weeks have been devoted to cleaning up CMG's balance sheet. I have settled several lingering debts to the company's advantage and am waiting on a few more responses from creditors. Once the old debts have been cleared"
The Authorized Shares is 450 million and is maxxed out
If the Convertible debt has been cleared with some of the Settlement money this is truly a Gem
To Go PINK CURRENT the Company needs to file
1,2,3Q and K for 2016 and Attorney Letter
1,2,3Q and K for 2017 and Attorney Letter
1,2,3Q and K for 2018 K needs to be Audited
Definitely not Cheap....especially the 2018 Audit
I think that may perhaps be why they are "shooting" for April 1st
For all we shareholders know though it could already be done and the Company is just waiting until March 31st for the NDA to expire
If they bring the BID up to .08 I'll gladly let a few go....lol
.08....NOT .008
Looks like a few of the stocks Ive held for years are stirring
March looks to be good this year....lol
Unfortunately the Company had to go Dark because of an NDA so we wont actually know the meaty details of the settlement until they go Current....Late March Early April
Another low Float Stock but not a settlement in the multi Billions like SECI will be
Long Term Shareholders are expecting some sort of Dividend Payment and stock is already coming alive in anticipation
What my original post was intended to do was spell out how quickly Defendants look to Settle out of Court once Uncle RICO is in the Picture
Was Posted on the 5th @ 3:30
We bust thru 1st point of resistance @ .0102 by 10 AM
Another stock Ive held for a LONG time just settled a RICO case out of court
Once Pericles has Legal Counsel to take the Defendants to a RICO Trial...this will be settled out of court very quickly
Not only is the very real possibility of Jail terms a legitimate concern for the Defendants....but the Court ordered CASH Settlement could be STAGGERING in this particular case
HOLD YOUR SHARES ....Things are going to be very interesting soon
Enjoy the Manipulation for the next 25 days
My shares are locked and I'll check back in on April 3rd for my 20 Cent a share Dividend
I wouldnt even sell my shares now for 30 cents each when I can be gifted a nice Dividend then most probably double up my profits selling for 30 cents/share
Good Luck To All
" So CMG is asking for $280,000,000 and the Judge doesn't think its excessive "
This could become very lucrative For Shareholders at the date of a Potential Dividend announcement
The Company will be liable for 20% for legal fees (Standard)
After Corporate expenses and debt settlement Shareholders of Record Date could be looking at .25 -.40/share
Per current SEC Guidelines the Record Date is the date at which Dividend is Filed on an 8K
JMO
This looks primed to bust out MUCH higher
Got my Tickets :)
Bannon had relative confidence that the share price would attain .0025 or higher to use that number in the S1 Filed
At this point I can only see 1 way to get there
Reverse Split
Im not saying it WILL happen....but its the only logical angle for Bannon to use at this point
And its been almost 3 years since the last one....thats a long time for a Pink Scam play
Why would a Company "supposedly" going to make an attempt at buying back stock to retire......
Pump the Share Price by releasing a Super 8K BEFORE they have bought back the shares required? (at a much lower price)
Some Common sense might be warranted here
Im still holding to my prior Post# 42571 and will look to reload at that point
I dont mind chasing if it starts moving up....but it wont for awhile
JMO
If Bannon can dump it all now before it hits .0003 He'll walk away with a Million Bucks
Then Reverse Split and short it back to trips
Then increase AS to 10 Billion....walk away with ANOTHER 2 Million bucks
Then Reverse Split again
I think He went to the Ryan Ashton school of Shareholder payday
Theres NOTHING to this Company
They are at best a Drone reseller and have a couple other losing companies under the BANT ticker to make it seem legit
Howco has NEVER turned a Profit....and the Thermal Jacket sales must be SO GOOD they simply cant report Financials on it on ANY Filing...EVER
A Reverse Split benefits the Company by reducing shares and increasing Share Price
It Screws shareholders....which is why companies like this trade on the OTC
At least theres still "1" person still here....lol
I'll check back in June....unless its been delisted by then
" the Company has net losses of $7,128,252 for the nine months ended September 30, 2018. The Company also has an accumulated deficit of $22,479,785, and a negative working capital of $5,260,535 as of September 30, 2018, as well as outstanding convertible notes payable of $454,700 "
Notes will convert until No Bid is achieved
Then a Reverse Split to continue conversions
Hard to fathom a shareholder buying @ .0002 a Bagholder but thats the fact on this POFS
The Pump was over @ .0014
This bleeds back now to where it belongs...No Bid
Even if they somehow manage to sell ALL 2.5 Billion shares @ .0025 they will end up with $6 Million cash << Salaries for 2 years
Buyers will most likely buy @ .0006 only to lose half their investment or more
Who the heck is gonna BUY 2.5 Billion shares....lol
Unless the R/S is being announced after hours taking the price above .0025
I can see that happening
or maybe he has taken up residence in one of the permanently parked Bar Cars on his Train service...lol
If the Company buys back 300,000 shares a day for the next 22 months they will have bought back 154,000,000 shares by 2021
The CEO is laughing his ass off at you all
He just grabbed $4000 to pay for his golf weekend an hour ago
Lots of Fake Ask walls today
Somebody has a big SHORT position to cover before the next news drives the share price higher
If buyers can churn thru the .0002's today and tomorrow the stock has a good chance of hitting No Bid by Friday....lol
What a POS
Be patient here and you'll be able to load .02's
"IF" the company actually INTENDS to buy back shares....they are gonna want the MM's to take the price a LOT lower before they do
You'll be waiting AT LEAST a month for news...they arent going to inflate the share price before buying back
MM's are really working this over today...wonder why?
The DD on this Company is too good for it not to be legitimate and deserve a MUCH LARGER Market Cap
Hold for the Gold Longs....Ignore the Noise
Looks like this is waking up
Pretty decent trading volume past few sessions considering the O/S is only 305,778 shares
I could be wrong...it happens...lol
But I think in order to go Pink Current their Annual report (K) needs to be audited?
I stand corrected
Yes my math was definitely off
This baby could drop the STOP sign premarket tomorrow :)
Thanks
I dont think the Company goes Current until their 1st quarter Q has been filed
1st quarter for NNRX ended on January 31st so it is due 45 days from that date making it late currently
I also saw they are working on that 1st Q filing currently so we could see it soon
Then it goes Pink Current
JMHO
I have another BUY order in for
50 Shares @ $8.00
Just Attorney letter required to go Pink Current?
even a 100:1 Forward Split only puts Outstanding Shares @ 30 Million
I think your right
This tiny share structure may be the one thing holding this back from trading again on the Pink Market
Ive Day Traded this stock several times for small but consistent profits and added to my quantity held but I ALWAYS hold shares at the close on Friday
I seriously believe News is just around the corner
We saw the Gap Down at open today
Imaging the Gap UP if the Merger News is released before Mondays Open?
Positive News will most likely move the share price UP
"IF" the Company actually intends to buyback shares I wouldnt expect to see ANY positive News until "AFTER" they have bought back what they intend to
Could very well be a very slow month or 2 here upcoming
Back to No Bid?
Be Lucky to hold above .0005 today
When is the R/S scheduled?
I havent seen a 14c
Forgot I still held some of this crap
I dont see level 2 anymore
was it finally suspended?
Have a BUY order in
50 shares @ 10 dollars a share