Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
buy on dip and hold
adding more shares, buy and hold
the great thing about these custodian plays is that there is no scam CEO selling stocks or toxic convertible debt that shorts like so much , the buying pressure is enough to take it very high, as updates come out .
The time varies for various reasons, but as a rule 4 or 6 months can last. Be it 2, 4 or 6 months it is a very long play in the otc to buy in the dip and hold ...
AVVH, for example, started custody in February and they announced the reduction of the O / S and the merger on Friday, May 28, see the chart
In these plays, a custodian is appointed by court order, then the old management loses the rights to their preferred and common shares and is disengaged from the company ... the custodian cleans the shell and those restricted shares are canceled and the O / S drops. , the documentation is presented, the category is upgraded to pink current and a merger with a private company that adds value to the shell is announced, it takes 4 to 6 months to complete the change
USCS 0.0320 ... 0.05 COMING
buying cheap
USCS 0.0299 HIT
Strong buys are coming
I also can't find where the figure of 6.1B appears from, according to the latest presentation that can be found it is 901M, I suppose that SSM will fix this because the difference is huge
Outstanding Shares
4,837,886,575
04/11/2016
Can you explain to me how many scammers there are who make millions of dollars to the old shareholders of a shell that had never been listed? Those 8.9Bs were in the oblivion drawer of thousands of shareholders like me that had been given away and turned into millions of $ that have been traded in HOMU, that brought down the share price but that excess supply has already been absorbed . This has been and continues to be an incredible thing for all XMET shareholders.
Thus, all the shares of the PYCT spin-off that could not be sold until after the R / S belonging to thousands of small shareholders were updated and legalized, but this is the past and nvsos is not correct neither the O / S nor the A / S, must update nvsos and company presentation
It is not updated, in nsos there are still the 8.9B of O / S, they have to update O / S and A / S
that's why it's not time to sell yet, updates are missing ... and so far all the deadlines have been met with Lazar. It's time for Wei Tian, ??it's what we've been waiting for from the beginning, fearful investors have already left Buy & hold
There has been no update to the business plan, we are precisely waiting for this update. What you have copied has been the same for 17 years, that was from XMET not HOMU
It will be important to know which is the real float here, because in many custodianplays before the R / M they eliminate the restricted shares of the former owners and the O / S is reduced to the float which drives the price of the pps, as just happened in AVVH
Great news
I think at this price you won't get anything, next week it will be above 0.01 all week
they are very heavy, always trying to make believe that David Lazar and Wei Tian are scammers without any proof, while the facts show the opposite
0.01 of HOMU is 0.0001 of XMET ... Many of us here buy at this price or the old XMET that they gave us and that could be sold after the change of name and R / S, so the decrease was not dilution because There is none in a company in custody, it was the sales of individuals, but the market has already absorbed all that supply and the float has closed more. It's ready to come up with the news to come
buy with the rumor and sell with the news ... perfect, but where is the news? Don't you realize that we are still in the rumor? yesterday's news was already known for days, the news that comes is the important one and it will surely be soon
sell everything you want, you're going to lose
Shorts keep trying to keep it down, but sorry guys buys are still stronger than sellers , news expected soon
yes, in these custodianplay operations there is no dilution or toxic debt, then it is easier to rise without a rogue CEO ... it can go much higher until the new company starts issuing debt ... months of increases can go by without rest until it's time to leave
this happens because the float is small and once it rotates the resistance rises more easily
I had some from a reverse merger that went from otc to Amex ... years ago, it took about 9 months to complete the process and I sold with a profit of more than 5000%, despite not having bought at a minimum
that would be incredible, the $ 10 would be a small thing
I am holding , nothing is sold up to $ 10 ...the market capitalization is only $ 50M at this price ... GMZP, which is only an empty shell in custody, is already worth $ 100M , $ 1 is the minimum price that Homu should be worth right now, when they present financial statements we will be able to evaluate the real value, and I really believe that $ 10 and more will be its price in the coming months
gmzp with 6B of O / S at 0.02 the market capitalization is 120M $ AATP only 3B = 30M $ at 0.01, the potential here is huge
It all depends on which company it merges with, TSNP had a similar structure to GMZP, I think the float was even higher, and it reached almost $ 2 before R / S, a reduction of the current O / S along with the merger with a Real company with very good growth prospects or with large assets could take it to $ 1 or above
I think in no time we'll see her for 10 cents
block all their shares by putting them up for sale at $ 10 so these bastards can't use them in short sales, the float is very low and if we block our shares the shorts will have big problems
It would be good to stay in this 70-90 zone for more days in order to recharge at a good price and establish a solid base for the next rise above 0.02-0.03
You just have to look at the other securities in custody of SSM to know what is going to happen here ... GMZP is already a safe bet, when it was listed again last year after being 15 years in the gray market it was seen that something big would happen here, a shell is not taken out of the gray at all. GO GMZP!!
Multipennys here
GMZP custodian play !!
GMZP !!! Very thin