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On that round, it was a decent amount for a starter, 250k. I suggest reading the pr from november, the link was posted today here and on twitter or go to otcmarkets.com and search BYOC, then disclosures in november
The address location and info is exactly the same for both of them. OTCN is maybe a backup for OTCX, who knows.
What you a scam, I call an investment with fun trading opportunities along the way, and without the BS drama that's created!
Looking forward to what they have accomplished and cheers to another performance like was accomplished in 2020/2021. Except maybe it just might maintain without something holding it back for accumulation and growing the shareholder base.
Good action taking place... just can't wait to see what is the plan is and what is coming together.
https://twitter.com/IncByoc/status/1498404714366472196?s=20&t=4fl_1tT1lrPXjEuwUMj7WA
Yeah, I agree with SEC being crooks and fucking over regular retail & most definitely in the OTC and for stocks like BYOC....
To your point, just read this today... https://www.google.com/amp/s/cryptoslate.com/sec-plans-to-10x-the-definition-of-accredited-investor/%3famp=1
As has been the case, implementing this completely contradicts, as we've seen with the new otc changes, protecting the retail investor!
The changes keeping companies current were good changes... but those changes should have been in place a LONG ago!
I'm going with.... "or they have sure made it look that way."
But that's just imo
That can be said for the OTC as a whole... maybe it is finally dead and SEC killed it, lol
What a horrible day with what's going on in the world, a very unfortunate event. Let's all pray for the tension to resolve, so no more lifes are lost due to this stupidity.
GLTA for BYOC, which the otc generally isn't affected too much or at all, by what goes on with the rest of the world.
Newer ones or some of the ones from circa 2012/2013? Those from way back when didn't get very good overall reviews and led to eventual bankruptcy, with the company bought out by a chinese company who sunk in a lot of money into it to what it is today.
The designs of the cars have been great, since their designed by a designer, Henrik Fisher.
Also, here again, Karma Automotive has ties to a Remo Weber who I mentioned last week with Electric built.
Strategic meeting with people at https://www.karmaautomotive.com/karmab2c/en/
Lol, maybe that small volume spike last Friday was created just to mess with ya on this point.
I'm with Ace1978, I see something happening in march to april timeframe from a technical standpoint on weekly. SMAs going to be more favorable too. And that 200 SMA is under 2 cents, and going to be dropping harder as we move along.
Volume precedes price, just gotta wait it out.
Yes, now I would agree this is dilution... but it's not surprising as we kinda expected it.
Let's get through the rest of the 6 billion for Discover, jeez
As usual looking at the tape, very little 3s were hit, as had been the case for months now.
They would simply have more buyers come in and snatch up the rest, it could as slow or fast as they want it to go. Obviously at the book value with the current pps, its pretty low.
There's clearly a plan here, we just don't know it yet.
Yep, yet we had millions of dollars go somewhere between .0015 to .0025 a few months ago. This is all just a fun game to accumulate whenever from who ever is willing.
We'll just sit patiently waiting... maybe forever, lol
The only problem with your scenario is the 375 million are restricted. So maybe dilution started up, but the volumes/ dilution has been "peanuts" compared to few months at triple/ quadruple/ higher pps than now.
As I say this 3s hitting.
Again, just starting my opinion on the BYOC board.
And lol, Definitely not aggravated, I agree this is a great time to buy.
When almost 100% of my shares are below .001", with a large % of that on an average .0005" with this diamond in the rough, theres not much to be aggravated about. Why would I or anybody sell now?... but we all know somebody does sell and it hasn't been Discover lately imo.
That's apparently the whole purpose of leing about buying BYOC shares at 4, 3, or 2s, is to try and aggravate longs. That seems to be the idea and I get it, lol.
Let's try to focus on BYOC and the news that's been rolling out for awhile now. Things in business do take time you know.
Umm, no and no. I should actually say you are concerned about me with your comment on the misinformation that's dispelled here on the BYOC board.
Have heard me say in the past how many years how many shares I have and what average? Nope
Maybe I sold and took the loss, maybe only some, maybe I held, maybe I sold some at the high exactly a year ago.
Why do you care? Hmm
Maybe I was lieing, buwahahah.
As we all know, at least the ones that have been around know, that they will do this drop before an impending run.
Either way, whether you buy 4s or 3s, who cares the tick or 2 down here when its over 1 cent... and that's my opinion and i'm sticking to it.
4s are looking thin, as they say, for a bear run. But maybe that's what they want to convey.
Then those 50 million that were supposedly picked up was not a good buy then. Should have waited, lol
Right! I don't see a big deal here... you could be wrong, you could be right. We might see 3s again or we might not.
We might see 1 cent, we might not.
Oh I remember a certain someone who said this will never see 1 cent ever again. Lol
And if my opinion is that I don't believe that you bought 50 million in BYOC, i'm entitled to my opinion. Its really Pretty simple
I didn't specifically say you, did I? Lol
I will imply that this is social media, people lie and give misinformation ALL the time, and here for BYOC.
You don't like that I say that... to that I say... oh well. Its same with all the misinformation that's spewed that we have to listen to, right? Its garbage.
Wow, did I hit a nerve? Calm down, lol
I'm simply just calling it as I see it here with BYOC and other tickers in general.
The misinformation comes with the territory, I get it. Doing it to get out the weak hands, I get that too. I guess its good for a chuckle here and there too.
The tape that ihub posts... yes it's all over the place as I have seen my buys to the ask and bids...red and green on BYOC and any other tickers, this is a function of the market makers and one of the jobs they do. Why they make it all red or green or whatever, I wouldn't lose any sleep over it, but it does help paint a picture depending what they want to convey.
On your second comment, lol. So what you're saying is that certain posters are not being truthful within their posts? On social media here on "ihub"? There's no f'ing way, you can't be serious! Lolololol
CEO of that company is Remo Weber, who also owns XPO Sales and another company, is also a in both photos with the announcements BYOC had for City Freighter and Elettricars.
His company appear to do a lot of shuttle business and service work at the largest airports in California. He has been getting involved in electric vehicles for quite awhile to.
So there's some common element between all the news and videos. It will be curious what the overall plan is with all these companies and what part BYOC plays in it all... I have a very good feeling there's more going on here than the S800 piece of the puzzle.
Omg, hilarious... the pumping isn't even started yet!
I'd prefer to see it and the progress that has been made with the financials, seeming that its clear insiders purchased the so called dilution from Discover...or imo, insiders just picked up those shares legally because those are the shareholders the company really cares about.
BYOC Retail is low on the totem pole in terms of priority, especially down here in the otc, lol
I'll also add that being an SEC filer, you'r financials also need to be audited, per SEC PCAOB auditing standards. I would think that comes with costs, yes.
There's a scam going here, but its not by the company.
Umm, the 10K not due until 3-31-22. Lol
I didn't add any today, but somebody did!
Just looked again in that filing... in capital letters too. See below, the securities are "restricted". I'd say 6 months or 1 year from when they are registered, that they can be sold, but again I'm not a lawyer.
THIS NOTE, AND THE SECURITIES INTO WHICH IT IS CONVERTIBLE (COLLECTIVELY, THE “SECURITIES”), HAVE NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE. THE SECURITIES ARE BEING OFFERED PURSUANT TO A SAFE HARBOR FROM REGISTRATION UNDER REGULATION D PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). THE SECURITIES ARE “RESTRICTED” AND MAY NOT BE OFFERED OR SOLD UNLESS THE SECURITIES ARE REGISTERED UNDER THE ACT, PURSUANT TO REGULATION D OR PURSUANT TO AVAILABLE EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND THE COMPANY WILL BE PROVIDED WITH OPINION OF COUNSEL OR OTHER SUCH INFORMATION AS IT MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH EXEMPTIONS ARE AVAILABLE. FURTHER HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE MADE EXCEPT IN COMPLIANCE WITH THE ACT.
As mentioned before, one needs to be a lawyer to answer that, othereise its just interpretation of what it says. I did still say rule 144 applies, as he is the CEO. but I could be wrong, I'm not a lawyer.
I thought a special SEC form needed to be submitted, and that Geordan can take the shares when he wants, but that the 1.5 is equally distributed over 12 months, so that's a bit confusing. 6 months have passed, so he can take 750k equivalent to the share price the last 5 trading days, so figure .0004. So he could take 1.875 billion, but this amount was only 375 million.
Correct, 375 million added to OS, but shares can't go to open market because they're restricted, regulated per rule 144.
Well, that confirms no more dilution to the open market and explains the volume dropping off, for the most part.
So the only shares that were added went to restricted... perhaps somebody started taking his salary
Correct, Discover has given 2 million, equivalent at the breakeven 1 cent. As has been said in a filing of sort, he will make a "sizable return".
To Warefare's point about big money being their money back and running the stock, the spikes we had in 2020, are directly related to debt holders being wiped out.
Maybe otcx is going thru routine maintenance since it was working so hard on dilution for so many tickers these past few months