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If you have no basis of where it was when you started and haven't been calculating every day since how many new shares seem to be appearing, then how do you know there is any dilution at all? Because people are telling you so or because the price is going down?
How many shares have you counted so far have been dumped, kutie? What is your current estimate of the float?
Seriously...
Can anyone at all explain the trade volume today? How do you have 191M bought and 955M sold without strongly giving weight to short sales...
And that means what? OTCmarket.com is a private corporation. They are not the authority over the stock market, OTC, NASDAQ or otherwise... They are just a reference. Most brokerages have not updated their records yet either. Relying on OTC market without actually reviewing the information provided is like getting your news from FB comments without reading the story. Some are right and some are wrong and some aren't all there.
And you still haven't, Mac...
Announcement for a slated mini-series revolving around the MJ industry was released in April of 2013
Announcement of the A/S increase was filed Oct 25, 2013
O/S increase to 30B was authorized on Jan 17th, 2014
Announcement of pursuing a MJ facility in CO was announced on Feb 10, 2014
I understand that... The real point of my statement was that currently, the trades for today show 191M retail shares bought but 955M sold...
Now, I don't know that I personally believe in naked shorts but 700M phantom shares just sitting on the trades for today is curious...
They announced it in April of last year so I'd imagine that anyone that has checked into them between April 10th, 2013 and Feb 26, 2014 knows they are getting into the MJ game...
I posted this yesterday for everyone, kutie...
Insider Summary for STRATEGIC GLOBAL INVSTS (STBV)
$ 0.0007 0.00 (0.00%) Volume: 1.15b 3:59 PM EST Feb 26, 2014
After Hours: $ 0.0006 -0.0001 (-14.29%) Volume: 440.1m 4:19 PM EST Feb 26, 2014
There is no Insider Trading information for this symbol
http://www.investorpoint.com/stock/STBV-STRATEGIC+GLOBAL+INVSTS/insider-trades/
As of today, there has been no insider trading of STBV in the last 12 months. Unlike many others that people like you are probably mad they didn't invest in...
Odd numbers today...Only 191M shares bought retail... 515M retail were sold. Over 700M shares are going to come in as t-trade buys...
Looks to me like the MMs just reloaded. Cheap..
Its readily accessible on iHub, SEC.gov and OTCmarkets.com... We just can't seem to get it front and center on this board.
Aside from just the LOI, PHOT paid STBV for whatever ground work was started last year.
No problem, STBV and this plan go further back than Feb 10th...
Growlife is PHOT, Sterling Scott is the CEO of PHOT... He is quoted in the PR as I pasted that from the PR.
Yes. It's in their both of their filings last year...
http://ih.advfn.com/p.php?pid=nmona&article=57102677 and here is STBV's
Strategic Global Investments will also move forward on pre-production planning for a slate of "mini" shows. "Based on our current discussions, the initial shows produced for GrowLife in the virtual studios will likely be catered toward emerging marijuana business and investing news. We also expect to work directly with GrowLife to build a mini-series based on 'hydro stores' like Urban Garden," said Andrew Fellner.
Sterling Scott, CEO of GrowLife, Inc., stated that "Finalizing GrowLife Studios in San Diego is a high priority for us – San Diego is strategically located in the proverbial thick of things for public companies which service our industry. Strategic Global Investments has been highly motivated to get moving on our project, and we're lucky to have a partner with their extensive capabilities."
I don't understand why everyone insists that anyone needs to partner up with PHOT and give up partial control of their business... PHOT doesn't have any money either. The only bank roll they have is by letting their "partners" sell $0.17 stock for $0.40 to raise money themselves... Every PHOT deal comes out of the shareholders pockets and they have 2B new shares to cash in on... Why don't most people understand this?!?!
PHOT and STBV have had a business relationship since last April.
SEC's rules, not mine...
When they are released, a prospectus circular is released and they are open bid, first come first serve to any millionaire investors
Who's really cashing in on their stock...
http://www.investorpoint.com/stock/STBV-STRATEGIC+GLOBAL+INVSTS/insider-trades/
http://www.investorpoint.com/stock/FITX-CREATIVE+EDGE+NTRTN+INC/insider-trades/
http://www.investorpoint.com/stock/MJNA-MEDICAL+MARIJUANA+INC/insider-trades/
http://www.investorpoint.com/stock/HEMP-HEMP+INC/insider-trades/
http://www.investorpoint.com/stock/CBIS-CANNABIS+SCIENCE+INC/insider-trades/
http://www.investorpoint.com/stock/TRTC-TERRA+TECH+CORP/insider-trades/
I hope I can take that as a compliment :)
The entire reason STBV issued the shares is so that they didn't have to resort to some toxic financing scheme. Even if PHOT offered it, there is no need for STBV to accept or need it. They have already accomplished their goal...
In order to be eligible to buy those Reg A shares, you have to have at least 1M in trading account value, an accredited investor. It is entirely possible that one person bought the whole 11B lot for $1.1M. I have no way of knowing. Maybe 11 people bought 1B shares for $100,000 each...
But I do know from tracking the dilution that it is accelerating now that the float has been absorbed and people are still fighting for bottom dollar.
The A/S is 100B, as of 10/25/13. Of those 100B, 30B are available for the CEO to sell this year to raise money for STBV. Of those 30B, he has sold 1/3 of them, 11B as of this month. That means that the current outstanding shares in STBV are 12B. Of those 12B, the last update we had was 2 weeks ago and only 4.6B of those were immediately released. As the share price drops, the amount of dilution is increasing as people try and get the best price for those $1M worth of shares since the price of the stock is decreasing, instead of increasing, on the news that the first US public company has a grow operation in Colorado...
http://investorshub.advfn.com/uimage/uploads/2014/2/21/tdkuqs.png
This shows the original document that authorized the 100B A/S filed on 10/25/2013
IDK, depends on what you think it's worth... Based on my own and other's DD I'm comfortable where I entered at and will continue to buy as this recedes in price...
Considering that everyone has been lightly or heavily invested in this sector for more than a week, I'd think this has been what everyone was waiting for on the map. The price obviously tells a different story though, so what do I know...
The lower the price goes, the faster the dilution increases... The better deal you think you are getting, the more worried the person holding the extra shares is getting and the faster they are going to dump them... It's common sense....
Yep. If you notice, most brokerages haven't updated their records yet either... There are too many stocks in the world to immediately react to each and every one of them every day or every month.
Are these rhetorical questions?? Does he run STBV and OTCmarket as well? He filed paperwork in October and December and January with the SEC. How long it takes the OTC website to react to the information isn't his responsibility.
The numbers I'm looking at in the trades show 736.4M existing shares were sold today... People either flipped or gave up...that's a typical number lately. It's not high or low...it's average for people selling shares they already have...
The dilution is the difference between that amount that already existed and the 957M that were bought today. 221.4M net shares were bought today. They all had to be accounted for at an average price with t-trades. I can't tell you how long it will last honestly because I have no way of knowing how many are going to be held vs sold... If we are looking at adding 7 billion to the float, meaning all 12B are just dumped in the float, could take 10 weeks or 2... The longer the bid stays down this low and no one is selling the shares they are holding one of two things are going to happen:
Either very little volume is going to move on the bid or more t-trades are going to fill in the gap. No one that bought at .01 is going to sell this low. Not many people that bought at .001 are going to cut their losses and even fewer that bought at .0008 are. The only way you are going to get shares at these rock bottom prices will be if someone just dumps and moves on or if someone wants to drop the price even lower to load up even more than they can at the current level. $0.0005 is still a 20% discount from where we are and a smart buyer sees that. What they don't take into account is that hardly anyone is going to fill that bid because they paid much higher so the only thing left to do to move the stock up or down is dilute... In chasing these sub penny prices everyone is perpetuating the problem lol...
kutie,
What he did makes perfect sense. What everyone is suggesting he did is insane. STBV's A/S hasn't been 1B since last October. It was increased around October 24th. It had to be raised PRIOR to the offering. We didn't spend $1M on a pot farm. STBV was $816K in debt from last year so the CEO sold $1.1M worth of shares, not $3M. He tried to only offer 500M shares at a higher price but the SEC refused to allow it. It's also not up to him when or if those 11B shares get burned, sold or held.
Based on the available information, it looks like 221.4M new shares today. Subject to change if any more buys come through.
http://www.dummies.com/how-to/content/what-penny-stock-investors-should-know-about-dilut.html
"One more time on this. If any of you want to learn what the after hours Form T trades are, then pay attention. I worked for many years as a broker/trader for Wall Street firms.
In the OTC, after hours Form T trades are almost without exception "late prints". They are the result of accumulated buys or sells handled on a "not held" basis through block desks. They have nothing to do with short selling in particular, but with buying and selling in general.
Let's say you are an insider, promoter, or finance guy and who has a large block of shares you want to liquidate (the most common reason for Form T trades, in my experience). You can tell your broker (who in the penny market is usually someone who specializes in this kind of work) that you want to sell "up to XXX million shares at the best price possible". He turns the order over to a market maker (it may be one from his own firm or it may be a market maker with whom his firm has an order flow agreement). In other cases, the seller may instruct his broker to "sell up to 10% of the day's volume at a positive average weighted price". The broker usually monitors the progress of the order throughout the day.
At the end of the day, the market maker handling the order will place a T-trade print on the tape for an accumulated total at the average price at which the shares were sold if there was still a balance left to sell. If the entire order had been completed during trading hours, the print will go on the tape normally.
All of this can work the same for buyers as well. If you want to take a large position of lets say, 5 million shares, you can instruct your broker to accumulate the stock "at the best price possible" on a not held basis or "under the average weighted price". At the end of the day, if the order was not competed during market hours, the final print will occur as a T trade at an average price."
I prefer this one...
"I won't feel sorry for any of the bagholders. I love bagholders. Bagholders buy stock when I sell stock. Then bagholders sell stock when I buy it back for the bounce."
Interesting...While everyone is claiming dilution, the numbers for the day so far are that 735.6M shares were sold and only 438.2M were bought...so probably all of the outstanding t-trades coming in today are going to be buys... The "perception" is far more damaging than the reality...
That information is available if you look for it...
There really is no evidence that massive dilution is occurring here...just assumption
The buys and sells equal out for the most part, the part missing from the sells to equal the buys is dilution...the float is know to be 4.6B shares so easy to trade a billion a day
Well the dilution assumptions are being based on the t-trade numbers... Everything else is accounted for in float buys and sells...
And the other 100 companies trading only 2 or 3 billion shares of absolutely worthless stock don't because its only 3 billion instead of 12 billion of a real company? The perception around here is ludacris...
At the current rate of "dilution", which is assumed to be around 600M a week, it will take well into summer to unload 30B shares...