Not bagholden
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Have to sell to make money though. ;)
Actually it works the other way around. Pumping the crap out of this ticker has left so many bagholders.
The people that pump “big news coming” weekly. Are the ones…
Sureeee. “massive news next week”
It’s an awful business in reality. Like a dime a dozen.
The real float was under a 100 million less then 2 years ago.
Let’s keep it factual please.
FYI- it’s a rookie move to “invest” in an OTC start up.
Especially with this awful story and scum bag CEO.
Read the damn filings.
Just wanted to confirm that the intent is to invest in a start up OTC ticker. With an already large OS, and a business that really isn’t that special or sexy in anyway.
Just simply amazing that after all these years some folks haven’t learned…
Thanks for clearing up any confusion I had.
So you’re investing in an OTC startup company?
Ummm, only the ignorant are holding bags bud.
lol or AKA Bagholding since you have no other choice.
Can’t sell if you wanted too. It would crash the price… lol
Fantastic? Seriously?
CEO is literally either ignorant or a pure scum bag. Which one is it?
Duping the ignorant for 3 years already, and most likely another 3 years.
Holding bag is rough I know. But who do you plan on dumping all your millions of shares too?
Talking to a CEO is issue number 1. It’s insane after all these years you have learned how this market works.
Seems everyone knows your true intentions. Good…
Any thing to prove the pumping was pointless and stupid
Nah. Believe what you want. To little liquidity to trade it and the story blows
Can’t flip with so little liquidity and a meh story.
So no…. I am just telling how it is and what the pumping has led too.
Another point. With all the ridiculous pumping and still no “massive news” the PPS will fall.
Pumping sets it up for failure each time.
Well, sure. Let’s see that. Cause 100 million for something he thinks will sell for $5 million in cash…
Meanwhile you have 900 million unrestricted shares already with almost 400 floating.
Where is the upside? How many auction houses are there in the market?
Yes, but this is some awful terms.
Raising $5 million dollars for 100 million shares.
Again, there’s a reason the market doesn’t like the ticker.
The red flags I am stating is why.
For a 100 million shares? That’s some shitty return there.
1 asset, for $5 million?
The only person that benefits is the scum bag ceo.
Ok. Let’s try this. Say he buys 10 assets.
Each asset for 100 million shares.
That’s 500 million shares for $25 million in cash. Using this example…
And it’s not recurring revenue….
And one asset with no recurring revenue…
A 1 time payment of $5 million for something that in theory could hurt the stock?
How else does this person recoup their money?
It’s a one time sale. It’s not recurring revenue.
I am not sure how else to explain this in dummy terms.
100 million shares is way to much. If he does that every time a paper asset is point share holders would be diluted to nothing.
Meanwhile, zero volume…. Maybe listen to what I am saying as the market is speaking…
What’s 100 million shares at .06 or .15?
It’s a deterrent. Using shares as currency?
Stop. Not lies. The float has continue to go up. We talked about this already.
I used to have this shell on my “tiny float list” it was under 100 million.
Now it’s 4 times that.
The jersey can bring in $5 million in cash and it still doesn’t make sense on a long term strategy.
The current business model blows.
Because it doesn’t work logistically. Have you ever transferred shares? Ever cleared a cert through Alpine?
It shows he has zero clue how to run a public company.
3 years of literally nothing but turning a tiny floater into a bigger one
No chit! My point is, it makes zero sense for him to transfer his control block to pay for assets.
Using shares as currency?
They can’t be from his own stash. It’s not how it works.
He converted the preferred into common.
100 million shares is a crap ton of stock.
Issued to whom?
They will have too. What is the point of being a public company then?
They can just issue shares. It’s not simple to just transfer shares to another person.
It doesn’t work like that
100 million shares for 1 item? That’s a ton of stock that will be cleared for trading at some point.
Using 100’s of million of shares as currency is counter productive.
It’s fluff. Literally fluff.
100 million shares is also a hell of a lot of stock. Especially if you are expecting .10+ PPS.
How much more stock does he have to give out for items to sell.
It ain’t a good thing.