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OTGI Lithium exploration company with 38 million O/S with float close to 11 million according to CEO. Getting ready to release aerial survey of Lithium claim which is directly next to one of the largest in the world. It has been jumping up and down 25%-50% on 10k share or less trades. This thing is ready to fly.
Someone out there got some money and looking to add?
I just wish we could do a half million volume one day and see where we ended up.
wow how thin is this thing? It moved up 58% on 10k shares.
How will they have a solid income? They say right there they have no way to stay afloat but to sell shares. How does getting the Divy straightened out magically give them income?
your right honesty like them saying their only source of income is selling shares.
CEO Honest? Isn't that purely speculation? Do you have proof he is honest? Your basing that assumption off the idea that what he has said is true and not a lie.
I emailed ron last week
"Thanks for getting those out. Now that it’s out in the open would you be up for a conference call to answer questions about the vision and direction?"
His reply was
"Yes, I will let you know. Thanks!"
That was the extent of our conversation take it for what its worth.
me too. Things are starting slow, but hopefully we pick up here mid day. By the way that pumped up stock is up to 3.48......Just Nuts.
Most pinks don't have audited financials, especially ones trading at .0002. I didn't see the expense on the 10Q for an audit (at least no substantial expenses that would suggest one was ever paid for) so I am guessing one never got done. It isn't they started and decided to stop after seeing it (as you like to suggest), it just plane never got done. It was Priors job from my understanding and he probably just never actually did it. Move on!
hopefully no let down
There we go got that bid to move.
edit: Nevermind......
OTGI
This is a real lithium play that just released a good 10Q. 10Q shows it is set up and ready to start exploration on land directly next to one of the largest Lithium deposits in the world.(One group split claims between two companies). This is a longer term play, possibly 3-6 months, but could explode for a couple hundred percent gains on good news. There is supposed to be a name change to better align itself with their new focus in lithium. Did I mention the OS is only 30 million with confirmation that the float is close to 11 million? It could be a runner......
The .05 bid is annoying as it has not really moved from there all day.
If we could get some pressure we could really take off.
Can we get the 10Q stickied at the top?
Last I checked RL never promised an audit that was Prior. Rl also never promised a move to OTC, so not sure where that came from. I have said before you are going to have to look at this basically as a new company going in a new direction.
Would you like to explain your vague and back handed threats about the company?
I don't know about you guys, but if fluff could get us to 2.50-3.00 a share I wouldn't mind.......
My understanding was that it would follow the 10Q so possibly any day.
I think a name change could very easily spark a big move.
He responded to my question about financials with a link to them as soon as they were posted. I don't think he is trying to hide them. I asked him about doing a conference call to possibly explain some things. I haven't heard back, but will let you know if I do.
10Q is out.
And that proves what?
Traditionally the Company was a manufacturing business with fabrication facilities in China, specializing in product development and supply chain management. The relevance of these operations has been substantially reduced and what was once a very profitable cash business has become a burden to the company. Subsequent to the yearend the Company has disposed of these assets and eliminated approximately $200,000 of debt.
So they got rid of it by yearend, but that doesn't mean they didn't have to pay them all the way up untill the end of the year. They could have sold at the end of december.
Where does it say those were dissolved during the final quarter? I see income listed under manufacturing as well as remittance. He says the remittance hasn't been sold off yet, but they have a deal to sell the locations. It said they deteriorated in the manufacturing sector not that they dissolved. It says things have slowed not dissolved with tutamen.
Where did it say they dissolved in the final quarter?
Well in that year you added a cash remittance and alternative energy side to the business. I am sure some of those wages came from those.
I sent RL an email to see what was going on yesterday and haven’t got a response yet. I normally will get some sort of response in a day or two. I wasn't as cordial as normal though so who knows if I will get a response.
What Assets do they have? They claim they have 1.2 million in inventory, but what was used to comprise that number? They are losing millions each year like I said before the 10k they use a mythical goodwill right off to prop up the books. So please tell me specifically what assets they have.
Is my trading screen messed up? Has this thing literally traded 0 so far? Is it haulted?
Actually it is easy. SUPPOSIDLY Picasso gave it to the doctor and the doctor traded it to Wicker.
Show me a link that shows it as an ASSET ON THE BOOKS. I'll dance in the streets with you.
There are no reports saying that an actual investigation of any sort ever took place either meaning we can also assume one hasn't taken place yet. So unless there is a link it is purley your opinion that arts owns the picasso correct? As your logic is speculation there for you can't be sure or even confident they own it since it shows on no financials, correct?
Link that the SEC investigated the company and found no wrong doing or it is speculation....
Except they have never showed it on any filings meaning either the PR was false or they lied on filings......
Someone is beating us up today.
The agreement states they are to pay up front (I think 2.5 million) and then rest in warrants. They should be showing that on the books otherwise they never completed any transaction.
Really?I am still waiting for a response after a message and an email.
Ding Ding Ding we have a winner. This is what I believe was the point of buying a shell.
How about they get through that massive wall of .0002 first? Everyone know MM's camp out all over the L2, but that doesn't mean they actually are looking to buy or sell at those prices. This thing will only see major share price movment with an R/S.
Link or its speculation.........
What shorts? I'm looking at the past couple of months and there are practically no shorts on Arts. Please provide a link to this information about shorts covering.