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Yep. Something’s brewing. Don’t listen to the noise. There are some unique interests here.
I’m god damned utterly amazed some retard didn’t paint it down at the bell today with like 100 shares.
Here it comes!
t minus 7 minutes and 59 seconds until the daily paint job.
100%. Retail simply cannot trade at 5 decimal points.
Don’t forget he’s an extreme left socialist nut job professor.
Why is someone who’s fundamentally against private ownership, and supporting big nanny government the CEO in a publicly traded company.
Those ask slaps at 0.00019 are obviously MMs loading.
Here comes the end of the day paint job.
I didn’t see any filings made public that the institutional investor signed on yet. Yes it was in the talks that the institutional investor is going to come and assume a lot of mcgi’s old debt. But that hasn’t been made official yet.
You realize with note conversions the company doesn’t have any control over the dilution right? Everyone knew this company still had notes that needed converting but the OS was maxed at the time.
I loaded bigly in the 1s at no bid and then it went to 0007 that’s what you call a 6 bagger. I definitely didn’t get conned by Tog.
I called that yesterday. While notes are converting if dilution is possible it’s going to happen.
Unfortunately I do have to call it like I see it. This looks suspiciously like dilution.
I’ve got my net out.
4s up giddy up.
Valentine’s Day after hours. Audited financials for the company that reverse merged into mcgi were released.
Low volume. People holding for higher gains. Also no dilution, or you’d see 100s of millions dumped into the bid.
Usually dilution looks like large chunks of shares dumped into the bid. 100s of millions at a time usually when it comes to subs.
When companies dilute shares they get added to the OS amount, and they’re only allowed to dilute until the OS amount is the same as the AS amount
OS being outstanding shares
AS being authorized shares.
You can find all the information on AS and OS of any company in the otc on otcmarkets.com as long as the company has not gagged their transfer agent. Otcmarkets should also have a date of when the last numbers were verified.
I also will be bidding 2s.
Anyone stupid enough to sell them to me doesn’t deserve them.
If they go the RS route nasdaq is not a far fetched idea.
I think that’s them executing the AS increase. If the institutional investor is coming on board they’ll need to do the AS increase to ensure control of the company.
No 0003 paint job? Colour me amazed.
4s back up. Some idiots think they’ll fill 1s today. Delusional.
Oh god don’t give it attention.
Oh look no RS and no AS increase again.
He definitely sold. Otherwise he’d be pumping like a horny puppy on your leg.
Tog’s been in and out of the doctors office fighting the flu. Check his post history.
That’s probably why the price action played out that way today. Once people realize that tomorrow they’ll be jumping back on.
Concerning the price action today. Most rational people are not stupid. What happened here today was entirely intentional.
Pretty sure I called that one exactly not even an hour ago.
Once your bids at 0004 fill I’m willing to bet your tune will change as well.
It’s only natural when it’s this high up on the most read board. All the cockroaches show up to the party late and want a piece of the pie.
That’s incorrect. Finra has the final say and has to approve it first.
I think once the 21st rolls around and people realize the RS and AS increase hasn’t happened there will be less uncertainty. Feels like people are a little bit skeptical until that day comes and goes.
One alias created feb 5th the other feb 6th of this year
Afternoon delight and long wait.
Looks suspicious.
My post was a reply to a question posted by another user.
He didn’t ask about an AS increase. He asked how an RS effects his holdings and the pps. Do you have Tourette’s or something?
The formula for pps=market cap/OS
The RS shrinks the number of outstanding shares down. In this case 6000 shares becomes 1.
So you’ll give away 6000 shares and receive 1. But since those shares are effectively removed from circulation and the market cap number remains unchanged the pps will rise proportionately.
This is all if they file the proper forms and finra approves it however.
Can’t do an RS without finra approval. The Company stayed the intend to get the ball rolling on an RS in that date. But the forms haven’t been filed and finra has the last day on it.
At least one of those was definitely an MM. 5 digit decimal point.
Nice steady sustainable ascension.
This is good. Because a sharp spike is usually followed by a sharp dip and doesn’t usually sustain.
Again 7 million revenue would equate to a pps just shy of 0.0018. If some sucker wants to sell to you at 0005 let em.