Also, if it was not a real company, Spencer would not hire lawyers to do share cancellations and go through that trouble.

It's a real company. They are building the facility and providing great updates of construction progress on their Twitter page. Also, they bought out another company for half a million which is generating about half mill in sales every year. Assuming first facility will be built and operational within a month or two.

Been coming back here, it is pretty quiet, but it's also Saturday, can't imagine too many people on right now.

i do believe it will go up, just not as much people think.

Best case scenario, let people load up on some cheap shares before a good run.

Worst case scenario, let shorts cover.

Damn this 500k ask, it just won't go away. Keep dragging the PPS down.

Yes sir, my opinion is, that the market already reacted to the news, even though share cancellation has not happened yet. Once the share cancellation actually is reflected on OTC, it will get a kick in the upwards direction.

Some say will go to .25-$2. I strongly don't believe it will, maybe in a long term.

That would only be a speculation. Looking short term .05-.10. Anything higher is just a huge blessing.

nah, just got pushed back. Pretty sure it's algos, it moves too quick for someone behind a screen

Someone is definitely playing games here. Looks like that 500k bid keeps bouncing from ask to bid. I an only assume they want to keep price low so either shorts can cover, or someone wants to load up a lot of shares before this takes off.

getting cockblocked like not other on here. We can be in .0380s right about now.

best of luck

and there goes another 340k, they are really trying hard

you are a hero in my book

I was wrong, it was slapped to oblivion.

Yes sir, unfortunately I don't have funds to slap, and not too many people want to buy at asking price unless there is a run :(

The fact that large share on ask well below the typical asking price is proving the point that this is a great opportunity and we are being held back.

Woke up in a good mood, let this bad boy run today so we can have a nice weekend.

yup, makes sense and expected. That's what I thought as well. I hope it's updated tomorrow, but at the same time, I feel like the weekend will halt the run again like last week. I'm willing to wait until Monday news. Friday is a tough day as holders will try to offload and don't need unnecessary sell off.

A bit confused, I see there was an update on OTC update yesterday, but it didn't reflect the new Share Structure

catching up some momentum here

just saw it jump for a split second to .0348

not reflected on the website though

you are a hero to us all

Yup! I hope this lapse will help bids push up.

That 350k block keeps getting put up as soon as we make headway! Unfortunately we don't have enough volume to eat it up...

1mil share on ask....

I don't understand, why would you drop the Ask price from .0356 to .032. That's a big drop for this ticker

That was a nice little sell off here

This is a bit ridiculous. hanging in at .0361 and then someone posts a .034 ask.

As much as we want an up day, it doesn't seem like it. It lost its traction until next catalyst. I hope I'm wrong though.

I think today will be a down day.

I am sure you are familiar with this, but this is for other's who are not that familiar with market cap:

Since the market price of shares of a publicly-listed company keeps changing with each passing second, the market cap also fluctuates accordingly. The number of outstanding shares also change over time. However, changes to the number of outstanding shares are infrequent, and the figure changes only when the company goes for certain corporate actions like issuing additional shares, exercising employee stock options (ESO), issuing/redeeming other financial instruments, or buying back its shares under a share repurchase program. Essentially, the changes in market cap are largely attributed to the share price changes, though investors should keep an eye on corporate-level developments that may change the number of outstanding shares once in a while.

source:
https://www.investopedia.com/investing/market-capitalization-defined/

I am not saying it won't, all i'm saying is that once shares are cancelled the market cap will go down. If the stock goes up in price, then the market cap will go up in price as well.

Listen, we are all here to make money, and hope for the best scenario. But people need to understand this. People that are saying it's going to be 2, 5, 6 dollars, I think that's pretty unrealistic.

While I do believe management knows what they are doing, but they are not generating revenue from BitFrontier yet. I have been sitting in this stock since .0072, and i trust it, other wise I would have gone out a long time ago. I do think we can make some serious coin here.

absolutely correct, market cap will HAVE TO go down. Simple formula for anyone that is not familiar:

Market cap = CPS (cost per share) x number of outstanding shares

very easy to compute.

No, outstanding shares! The only ones that will lose shares are the original investors of puro who acquired them illegally. If your shares are effected, then they have to buy them from you.

Was hoping to close above .04 today, but any gain is good gain. We held out the shorts / MMs, and still prospered. That shows me that we do have the strength to move this forward.

Weak hands not letting this reach full potential.

Talking about Clay? He doesn't even say anything relevant in his videos. It's the same thing over and over. He just reads you the chart by stating point of resistance and support, and then does the whole "stairs" thing. I watched several of his videos, and they are not substantive to anything.

This is frustrating, it wants to run past .04, but keeps getting knocked down. Just let it run, everyone wins.... except for the shorts, and I can care less for them, if they were smart, they will take advantage and play the upside.