dthe real myth is pure dilution kills Otc companies. massive shorting and non bonafide market makers that rule the Otc.exposing them is my life goal.
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its done that for years on mine too thinkorswim app is always lower then what it really is on there direct website.
They definitely got a lot of buying power for dilution bidwcking a lot of signs pointed to short that q drop needed buying volume to short more then all other trading days on a opportunity to make more profit% then any other day here on the smallest drop needed.
The volume surpassing the total volume traded under .0014. With 5-15 million max diluted.
Short attack unless you believe that every share bought under .0011 was sold at .0012-.0014 on a financial drop instantly put on the ask @ .0012-.0014 any flippers would at least see how it started trading especially with the q drop not settle for couple ticks right off the bat if it didn't hold support then yeah they would dump there.10/1-10/2 took 54 million shares to get .0017-.0085 with 110o/s if you subtract the average daily amount from 150 million the 16th.shorts are betting dilution continues with up too 15 million daily short till no more buyers to shut off the run in hope of continued dilution to push down to trips before next q chances bigger faster push up that's not worth try to short till the peak.can't blame them tho risk factors that would loose them money is the next q will drop fast and dilution stops company history definitely in there favor even around the best price range to short make good money small drop and they make 50%+ in day or couple.
We will see with the q posted with new updated o/s150 million now are allowed to dilute 15 million max daily if needed instead of 5million will be very noticeable if continue converting.
Finally Hit his re-entry point a fellow shareholder now good to have anyone on board no matter the price paid or share amount. We all share the same goal make money to play others n leave desired amount of freebies behind at some point should be nice multi play on a continued uptrend get nice size dips get as much free shares as possible to make up for what should have right now with total amount invested at current price.Wanted to sell multiple times to rebuy cheaper get more shares but I've played too many that ran next day/week as soon as I sold.
Yeah would only do it to get on the big board if needed by that time after preferred shares convert would only do one now if it can't hold .01+ after this year's worth of financials to able to upgrade to otcqb once next year begins February.
I'd have to do a day or two worth of hard dd on the company for my honest opinion but let's just say if in the end combined as one stock/entity with 30-100million (just a spitball number) in float for me to feel confident at $10 pps hitting company at least has to have revenue of $10-$40 million but of course there's ones that have achieved that kind of run on less even $0 revenue and below. Definitely one of the best shell buys $55,000 paid for shares valued at around $50+ million high $140 millionish and agree had to fathom $10 but definitely wouldn't be out of the norm in the otc if it does.
That's pretty much it if they converted all there preferred shares it would be a billion shares but only converted 70,000(70 million commons) for now with 920,000 preferred shares(920 million commons) left in there back pocket.
Lol just one more time come on trips altlest now our buys will be guaranteed 10 ticks or less away from the absolute bottom.
Especially If you feel confident your break even point will hit I'm at $19,500 average .012 if I can grab 3 million shares @.001 or below my previous breakeven point now a $34,000 profit point.
A year + of fixing tweaking reconstructing getting the bad out downtrend/notes brace n take the public hate and anger once done there will be many many years of uptrend. An increase in every quarter and even if it has 250o/s .07 can easily become the base on low side $17.5 million dollar market cap the preferred c shares would have a value of $46 million with Chris owning almost all many many nothing company's have brought millions in revenue by buying out companies with small percentage of preferred shares in exchange.possibilities are endless with haveing all preferred shares in house with all that percentage to work with.A lot of company's that become public already have them handed out to all type of dick n Jane's with too much money to hand a little cash over for way too much shares then get to dump on public at a price set way overvalued cuz they took a risk risking thousands penny's compared to there income so public should reward them 10,000% risking your hard earned money the ones who really spread the most/all earned money back in economy not willing but we're the group that real keeps the world turning where a $1,000 loss is equivalent to a $10,000+ loss for some family's. I just really hate how there's a cap on who's allowed to invest in most private/start up company's with in some terms zero chance of losing initial investment or greatly reducing risk of a loss.Even once a company becomes public/established we the general public are taking a way bigger risk with money that could of takin years to some how save it up.just let us/all who are not rich enough to be classified as accredited investor to put/use our money however we want not allowed to get a good deal on shares with an insane conversion once unrestricted but can throw whole life away at a company in the grey market that could end up Being a mailbox or just a tree with an adress but hey still has it's own laywer to sign things.
You can study runs even mentally play and watch run as it happens but nothing like your first 10+bagger watching account/ticker go up like the world's slowest slot machine jackpot win counter But like a jackpot there's always a peak and unlike a slot jackpot these have a backward counter that can go fast after peak.
You get anyone to buy this as there first especially if/when trips hit will give them a whole new outlook on how crazy fast a little bit can turn into a day,week sometimes years salary worth of what a job would pay in hours/days/weeks on a run.
Not too early get check Monday/Tuesday will be able to trade Tuesday/Wednesday.
Soo many opportunities to sell and get double++ original shares and keep some cash was ready once we saw bids hitting under .01 once the follow the leader selling spree started .005 was there fast so it left my mind. The run up to .0075 should have been a no brainer I thought it was finally a natural dead cat bounce and should hold little support but ended up being a i follow this guy and he says it's good buy wave of buyers kind of run up. out goes the the guys they follow down go's price with the followers selling after making a little break even sell for loss or still here adding or feeling stuck.Out of all the days I went and helped my old man at work. I Waited all the way down to .0026 after run to sell good chunk and picked back up some .0012s still didn't make me feel any better time to see what adding $3,000 worth of trips does.
Being able to have short term memory and take the what ifs roll them in a ball and throw them behind you forever is a key ability trading especially too keep a clear and straight mentality.I've gone undefeated multiple seasons to just get smoked in championship each time when it counts the most I went left but should of went right.I will always love the game.
Going for my final buy next week not going to lie hopeing for trips. Worst case i can come up with is there's 60million more needed to dump @ .0008+ take about 12/13 trading days if they don't update the o/s to raise the max they can dump per day.I'm thinking more under 10 trading days why I'm back getting prepared lineing up next plays again February I had fles 200%+ pop first next laho 200%+ with goal buy in at .0005/.0006 then libe which I sold 25 million .0002s @ .0003 to put my first buy here February. My 1st pick turned out to be 3rd the 2nd was first 3rd was 2nd.
Little mix of some retail selling getting in the way they would have easily diluted the max for the day at .0011 with about a million+ retail dump just @.0011 dosent help.
They wanted to keep it high as possible when at .01 worked for a while but the day we left and never returned to .01 was the highest volume of retail jumping ship in a day since fles traded not counting the min pump ups.
And competitors doing about same performance wise have 100+ other sites that have referral links to them.
They added couple more sites to put referral links have 11 links now.
There value of just there web traffic went from basically nothing to a value of $250,000 now give or take.
Been watching it close since they said they were going to focus on getting more traffic to there direct website. Was ranked 1,500,000-1,100,000 globally from beginning to end of last year 1,100,000-600,000 up to now with an all time best of little above 500,000.
Even if the operating loss doubles still looking $700,000 min cash/profit after operating losses.
Quarter 1 10% increase in revenue 180% increase in gross profit with only 20-25% increase in web traffic.In the 2nd and 3rd quarter web traffic up 50% from last year should be at least like 20% increase in revenue and 225% increase in gross profit over previous year. Q1 $2,250,000 revenue $700,000 gross profit q2/q3 $2,500,000 revenue $825,000 profit total for the year be like $10 million revenue $3,175,000 gross profit.
Not converted early but as soon as previous notes where done and converted somewhere in the 30-50 million o/s range then everything after is the company there's clause in the 10k company can without vote or notice can take shares from the issued o/s to sell into the outstanding shares to raise money for operations and debt. O/s is about 190million max 140million since last update average .0025 on low side $350,000 min then all depends on how many out the 50 million shares of the last updated o/s was the company and not note conversion 5million $50,000,10million $100,000,15million $150,000 this is the big factor to figure out how much more to be dumped. Clear smooth sailing once done get current total year financials will show eps of (.02-.04) and you would have no problem getting non toxic funding all day.
You got it I was looking at spot in my notes that if conversion notes where going to all convert they would update the o/s as fast as they could at 75 or 100 million to increase the amount allowed to 10 million per day to dilute and boom 10 million got stuck in my head when I wrote that. the note holders would of definitely pushed for it if you get 50-100+ million shares would you rather only be able to sell 5 million per day or 10 million.
Lol nice and slow getting .0012s without one bid wack definitely not note holder getting conversion @ .0005-.0006 every .0012 bid would get whacked instantly then pause no higher bid bid shows again then wack 1 million-all of them with a limit of 10million max allowed per day with the most recent o/s.they can dilute 10% of the most recent posted o/s even if it was just on on a financial before updating Otc market site any publicly posted most recent updated o/s counts.
Still should be a few million more to get through should see the .0011 get wacked little by little closer we get to market close.
Might have Been 6 months don't feel like l e looking it up again.
Yeah if my memory is right if you go 90days from the most recent released financial without releasing another one with being two financials behind puts it on verge of delisting to grays on sec sole discretion.
Only logic way I would go save cash flow for the books even if it took it to total of 200-250 million o/s would give plenty of time to get current show an esp of (.02-.04) which is better then a ton of other tickers on the otcqb would be no problem to get better non toxic financing/institutional investor for next year's notes+.
On top been one of the most cautious note holders letting bid build one there's a gap wait untll bid enters inbetween take it instantly if nothing dump what they can on bid hour or two before close.
Think about it since .01 or the o/s update would of had to been at least 3+ notes converted went below 50% a couple times at least and note holder isn't going to take a loss also would be first time I've seen early conversion on notes not due yet. Easily 30-50 million was notes up to date.
That's what I've been feeling after the last previous note was done @ 30-50 million o/s and everything else since is company diluting till notes are paid up to January about $425,000+ interest so about 130-180 million shares needed to dump from previous o/s update to get there.
All the low buys and not one is putting it right on the ask stacking it to try and drop it faster like most tickers hmmmm.
Indeed sadly many will sell and move on at the worst time. I'll gladly grab 10 million shares @ .0005.
Only been little over 60 days from the 10k probably started it right after should see within few weeks fist full week in november max.
There's been a ton of manipulation here more then usual definitely.