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Coke and the big boys have so much capitol that they can buy/build whoever and whatever they want.
I can't imagine they will have any problems solving any issues.
Hmm, big dump into the 0.0006's...........
There are 2 sides to this. (1) The acquisition Constellation made and this Coke announcement gives further legitimacy to the Canna/beverage market, check.
However, (2) the big boys are going to compete and dominate smaller companies trying to gain market share in this space.
Im hoping RSHN benefits from any and all news in this sector, but the fact remains that this space is going to be super competitive.
grabbed a few 0.0043s.....
Right, shorter term traders took some profits when 0.006 didn't hold. That's normal.
And always remember that NITE is short, always trying to kill runs and cover, all while accumulating shares so to put up big blocks of shares on the ask.
On low volume days, NITE will buy and sell to itself, manipulating the PPS.
Welcome to the OTC, HOWEVER WIT THIS VOLUME IT IS CLEARLY NOT DILUTION. And it's a small amount of shares being sold compared to what was bought the last two weeks.
GLTA! RSHN
Thank you for sharing. That is awesome news!
Would be awesome and would show tremendous confidence management had in the company, but realisticallyI don't see that happening but I sure do hope you are right.
Umm, ok. Isn't that what MSPC did, THEY PAID IN SHARES? No?
you mean why shouldn't MSPC pay the note holder with actual MSPC money?
Confused....
One would hope, but to play devil's advocate, they also could have cancelled cause they knew a R/S would have DESTROYED PPS when the note holder converted.
HOPE YOU ARE RIGHT.
Any thoughts on this?
RSHN, new higher lows and trading healthy.
DEFINITELY NO DILUTION GOING ON HERE!!!!!!!!
GLTA!
I'm concerned about the NOTE HOLDER(s) and if they have more to sell into the market, hopefully the BILLION or so shares traded in the last 3 sessions were it, hopefully.
We need catalysts but we also need new shares to stop hitting the market.
We had two major catalysts this past week, let's see what happens.
And yes a buy back would be EXTRAORDINARY but a long shot, but you never know.
GLTU and all
whats BMM6?
Word. Some clarity would be good.
So far two consecutive days of superb news!
GLTU and all
MSPC!
Yeah, between yesterday and today's volume has to be a conversion(s) of some sort mixed in with retail, NITE covering/shorting etc....
Question is how many more shares does the note converter have?
There were also many trades when 5's were on the BID that were 5,000,000 - 16,000,000, although yes most were 500,000 blocks.
The real question is how much is this note conversion for and how many more shares are they going to dilute this round....
C'mon, let's keep it real. So you know what a reverse merger is, kudos.
ANYONE WHO TRADES OTC HAS EXPERIENCED THE PAIN OF A REVERSE SPLIT, btw done of course without the approval of retail investors. Retail would of course have voted an unequivocal NO, which is why we can't vote on it.
Right they need funding etc, blah blah blah.... the RS is going to crush this already decimated PPS most likely. If somehow post RS this gets above it's current PPS, I will shout from the rooftops and post the most fantastic posts about MSPC, and believe me I want this to go parabolic/up list to NASDAQ (just a Dream I know).
So we all have two choices, sell now prior to RS or hold post RS and pray. I have a few shares at current PPS for a gamble. Didn't realize until recently there was an RS in the works.
I've got 6 stocks stuck in my portfolio for years now that have RSed and our literally worthless. I know I'm not alone. THIS IS A GAMBLE, simple.
But I'm here for the long haul, you need me.
Close above 0.0029, 0.0029 becomes support of course!
I'll beat CLAY TRADER to the punch, what was support now becomes resistance.
0.0029 is the new resistance now that we broke below it. 0.0025-00.26 support.
No need to post CLAY, I got you. lol.
Maybe they need to EARN investors. Don't forget to wipe after you dump. lol
Nice logic. LOL. Just because there was no toilet paper when I dookie doesn't mean I don't wipe and flush.
For now the handful of folks who have money here have spoken (with the exception of a few of you), they are unhappy with the pending R/S and the companies lack of real communication.
If investors were confident, this would have stayed at least above trips and if they were REALLY CONFIDENT, this thing would have continued climbing out of double zeros, instead we are 2 ticks away from no bid.....JUST SAYING.
I hope the Mayweather thing comes through but I fail to see why the most famous and successful boxer of this generation would endorse a product that doesn't even exist yet.
I bet Floyd gets endorsement offers on a regular basis by all kinds of ESTABLISHED AND CREDIBLE COMPANIES offering him very lucrative deals.
What does RSHN have to offer him other than shares of a SUB PENNY STOCK COMPANY? Why with all the possibilities at his disposal would he do that?
Just doesn't seem logical. Of all the products he could endorse he's gonna endorse something that doesn't yet exist and if/when it does isn't proven???????
I'm not bashing, I want RSHN to go to up so big they have to up list to NASDAQ but the Floyd thing seems ridiculous.
Where is the DD that supports this FLOYD endorsement talk?
I know, a sub penny stock with a dividend.....LOL. Oh and a reverse split. Awesome
GE had to cut it's dividend recently and analysts are saying they will have to do it again to get their finances in order. GE!!!!!! One of the most recognizable companies in the world with real assets and at one time real profits. Now struggling.
And for those who have blasted me about MSPC revenue. Ok good they have some revenue: REVENUE DOES NOT MEAN PROFITS. Only profitable companies can successfully issue a dividend and last I checked none of these OTC "companies" are profitable.
Would love MSPC to be the exception but super skeptical. It's a pure speculative gamble, and looking like a bad gamble at that.
I do not what?
You really think the GOVERNMENT is concerned with a SUB PENNY stock that is doing a reverse split? A R/S that is quite LEGAL. A reverse split should actually be called the INTENTIONAL DESTRUCTION OF SHAREHOLDER VALUE WITH THE BLESSING OF GOVERNMENT AGENCIES, that's more accurate.
They couldn't even catch ENRON or BEHR STERNS before it was way too late and those shareholders were decimated. Big companies with INSTITUTIONAL INVESTORS who had hundred of millions invested completely wiped out.
No one is flipping this except MM's like NITE trading with itself between 0.0002/0.0003.
I've got about 5 of these so called "companies" post R/S sitting in my portfolio with a 95/99 % loss that have been languishing for years.
Thank you and I hope you are right, but ALL of the OTC stocks I own that have R/S are all BIG LOSERS with the stock being either completely dormant or have tossed ALL their value.
Sorry but in OTC world a reverse split never works out for share holders who bought prior. I literally have no example of one being profitable after a R/S.
Anyone have a different experience?
Sir DD,
Is there a R/S pending and if so when will it take place?
Thank you in advance
A sub penny stock with a dividend? NOT POSSIBLE.
There are many profitable legit NASDAQ- DOW stocks that don't pay a dividend. Impossible for a OTC company that is not profitable to issue a dividend.
THERE SHOULD BE LAWS AGAINST SUCH FALSE STATEMENTS.
Either way I think these levels are a good entry point, decent risk /reward set up.
GLTA
Potential is enormous here. CONGRATS TO ALL! WE HAVE A WINNER
Wall Street doesn't trade OTC stocks. Institutions are not allowed.
RETAIL (us) and MMs forced to cover their short position because of RETAIL (us) buying pressure is what moves share price.
Who's the clown with the 20,000,000 on the ASK @ 0.0017?
Strong bid support at 0.0014-0.0015.
Really? So TDA, ETRD, CDAL, SCOTT TRADE etc. are all routed through NITE? REALLY?
Clay has nothing to do with the price action. This is short MM's taking advantage of a lull in retail buying pressure. Now the question is WHAT PRICE IS RETAIL WILLING TO JUMP IN.
Right now it looks like 0.0013 has the most BID support.
NITE is a short MM. You can always find NITE on the BID and ASK trading to itself to manipulate the price. When retail pressure increases NITE has to cover, when retail buying lulls, NITE sell to itself (and some retail) on the bid.
So yes this is a form of shorting. RETAIL CAN NOT SHORT HOWEVER INSTITUTIONS LIKE NITE CAN.
See it every day on L2 in the OTC. NITE IS A SHORT. PERIOD.
So yes you are right. Can't believe people believe that OTC can't be shorted.
RSHN absolute GORILLA!!!!!!
The potential of RSHN is incredible. I'm hoping for big things here.
Break above 0.001s. Good bye trips!
Good that RSHN finally broke 0.0009, albeit briefly. Now it has to hold above it. When POTN stuff gets PR'd and company speaks to the future we should be off to the races. Added a few 8's today.
In the OTC I worry less about retail investors buying or selling and more about the MM's. There's never enough DAILY CONSISTENT retail activity, so the MM's take advantage of that and short. Even when these stocks run it's mostly based on the MM's covering their shorts when news hits.
Hopefully RSHN will post great news and we leave trips for good. Looking promising here.