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Took a starter nice setup
Gotcha. Good find. I really like how the chart is starting to curl up on the daily / weekly. Think we see some movement above .30 before August?
How is greater than 100% possible?
People abuse this ticker. They will miss the 100% move which will happen in under an hour with the amount of consolidation we've had.
More than 75% of shares are held by institutions. One day with 500k+ in volume and we will be $2+
Present :)
And just like that it is hard to get shares again. Proves how much of the L2 action and tape is manipulation.
This is going to be fun. Could be $2 by morning with news.
Feet up on the table yet?
Great quote. Ty
Nobody sells the ask anymore.
Idk man, doesn't make any sense
Looking good here. Someone lost all their shares at the bottom of the channel lol
Dam I would cry if I lost 300k shares at .08 only to watch it run to $2
Maybe thats why OTCX moved from .10 to .85 when the $22,000,000 was approved to move forward. This would be .24+ right now if people didn't dump their way out of every position in the OTC these days. As LINK said, this can jump from .05 to $3 in a matter of minutes with the right news.
I spent a pretty penny on my 215,000 shares! I took out a wall at .085 for the team 2 weeks ago.
So if we don't see anything AH what was the point of that MM signal I wonder.
Every time we got something cooking people puss out. I dont know how much more clear the writing on the wall could be
Oh, .06s for sale? Let me just sell some .056s. Make zero ******* sense.
Hmmmmm
No sir, been here for weeks. Level II has never looked this good.
Smelling a run here
Yep, prolly have someone add 180k to the ask at .059 soon
People who snagged 02s and .03s and want to go chase something new.
Thin to .10+ if people would stop selling for 18%
As a result, the Debtors and the Secured Lenders are working on a renewed path forward for the Debtors in these chapter 11 cases. Recently, the Debtors and the agent for the Secured Lenders entered into an extension of the milestones set forth in the Financing Order
(as defined below), which provides the Debtors an opportunity to reengage potential purchasers while simultaneously advancing a plan of reorganization for the benefit of all of creditor constituencies.
Accordingly, based upon the progress in this case so far, and the anticipated significant cash infusion into the estates, the Debtors submit that there is ample cause to further extend the Debtors’ exclusive periods to file and solicit acceptances of a chapter 11 plan.
In January, the Debtors determined to pursue and consummate the sale of substantially all of their assets before seeking confirmation of a plan for the benefit of all creditors and parties in interest.
Although the Debtors successfully obtained approval of a sale and were prepared to close on April 2, 2020, the Debtors’ efforts were delayed when the buyer – Alpine Energy Acquisitions, LLC (“Alpine”) – refused to close the transaction.
The Debtors filed and prosecuted a motion to compel Alpine to close the transaction. After the commencement of the hearing on the Debtors’ motion to compel, the Debtors, in consultation with its secured lenders (the “Secured Lenders”), reached a settlement with Alpine pursuant to which the Debtors will receive $22.125 million in satisfaction of its claims against Alpine. That settlement is pending and is scheduled to close in early July.
Looking good. Looking over the 10-Q now.
So shareholders get bought out too?
How does a sale normally work out for current shareholders? Are their shares converted in to shares of the purchasing company at an agreed exchange?
.082 would be a great target for today. The way this thing trades .10 could also happen in the blink of 30 mins of buying pressure.
Agreed!
This is one of those tickers that can go 1000%+ in a day. Then when it happens everyone says "how did you know to buy this" or "wish I saw this at .07"
Agreed.
People are crazyyyyy for selling this. Wow.
Dig deep, its pretty good.