Trying to retire as early as possible
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I saw that...but there’s no way continuation would wait that long for their money....there’s def something wrong w their SS listed....I’ll have to dig back and see if I can make more sense of it....unless some of the reserved shares were actually not really issued as they say on their fins....they need audited fins here to find out for sure...or from the TA
On a big news day....we can do well over 30 ml in volume....so even if they do another conversion in a few weeks of 25ml shares or so, it should get chewed thru w high volume...
The first conversions were probably around .0035 price....even 20ml at that price would have paid off $70k from the first conversion alone...
Continuation capital has been selling shares since mid September....thus the price drop...they convert less than 5% OS every time..,,they typically sell around 2.5ml shares a day....every time they sell out of a tranche of say 25ml shares, which takes around 2 weeks, they have to go back to court (which takes at least 2 weeks to get more)....
They’ve obviously sold a lot of shares already....I doubt there’s very much more to go on that debt settlement...maybe that’s why mgmt is puttin* out so many PRs now...
I agree the fins seem a bit off on shares structure, although they were supposed to originally hold 900ml in reserve per that agreement....there’s no way they haven’t paid down most of that debt by now...those debt holders want their money...
Wow...nice pick up at 23....I got 500k at .002 to avg down a little....I’m green now...and looking forward to being current and closing an acquisition possibly all this week...grabbing all you can under .0043 sounds like a solid plan to me and gets us to the next price plateau....and gets more eyes on this...
Finra is not a govt agency...it should be up and running...
From their website...
FINRA is dedicated to investor protection and market integrity through effective and efficient regulation of broker-dealers.
FINRA is not part of the government. We’re a not-for-profit organization authorized by Congress to protect America’s investors by making sure the broker-dealer industry operates fairly and honestly.
....SEC...on the other hand....
Going current should help....next week s be great....if any other news comes....it’ll be a nice bonus!
Fins came out! We are almost current!
https://backend.otcmarkets.com/otcapi/company/financial-report/210984/content
We hit a new high of .0828 today....had nice volume yesterday...I have a feeling that group that has been buying in here is just about done loading....because they obv have contact w the right people and know more than we do....I’m willing to bet they know how soon this is all going to happen...my only regret is that I didn’t buy more back under .02
Well....Caleb said “soon” on RNWR....awsl has got to. Be very close...price keeps creeping up...
We are getting close here....I hate how long otc takes to get deals done....just hang tight....anyone that knows charts can see what’s coming here....Accumulation is very nice as well...no dilution....this will go nuts soon enough....it’s going to go like this...
Secure credit line of $20-$50ml
Acquire $axas assets for $14ml
Then make another acquisition shortly after....
This is easy $ imo....one of the most legit otc ever....
I will be proven right.....
It basically comes down to....will somebody (or that big bidder) push us back over .004 and hold it? Will filings come by end of tomorrow? Is there more news coming over next week or so?
Stay tuned....this looks very promising indeed....
I know....but he was up at 34/36/38 at one point
Big bidder disappeared....hope he shows back up....he could really get this going...
Grcu just went from delinquent to GOOD status on Colorado SOS website as well....yesterday afternoon....not anything epic, but nice to see....
Just need a PR announcing the closing of an acquisition or 2 and we should get much more traction...
It’s great they are doing well with their events....I’m still waiting for these guys to start knocking out solid PRs....twitter is a nice way to get the word out a bit, but this ticker needs a lot more awareness....love to see a ticker change come thru too...along w any other relevant filings.....
The company that took over this ticker already does $10 ml /yr revs...
They are in the process of acquiring assets from $AXAS that will provide another $10ml revs or more....
So they will be at 20ml revs this year...at least....they are trying to secure funding thru a credit line right now...
No conv debt either....and already pink current...w a tradeable float of under 8ml shares...they just need to close that deal...the sooner the better....I’m serious when I say this could easily hit over .25 this year
Me too....they still have an acquisition to be announced soon too....
Ok...thanks for the info on Otcx .....I think we are good here either way....
Damn...he just moved back on ASk!
Or if Otcx disappears....and doesn’t come back
If We get enough volume tomorrow, you’ll probably have your answer....
I meant to say 3a10 settlement, not “note”
Remember this....noteholders have to file a sc13g if they hold more than 5% of the OS....so they won’t convert all at the same time....and.....they usually convert at at discount to market price....so how would ceo know the exact amount of shares to pay off note unless...
All shares are being issued at a fixed price...
Or..gasp...
They just converted the last tranche!
Think people, think....we will find out this week I’m betting
The question is....when exactly was this deal signed? It’s possible it’s been going on for a while....I’m new here....how long has Otcx been lurking on the ask?
Looking a bit better now on L2 imo
Vfin is a retail seller....he’s got nothing....Maxm just moved back...we should be good now....Otcx was the guy on the Ask holding this Down....interestingly, he’s now on the bid....
Better to get them out down low now, then to have them get out at .10-.12 and slow down a nice run....
Not sure if that’s who is selling, but it’d be great if it was...
Idk....he said updates were coming very soon on twitter....congrats if you got filled though....I guess somebody got impatient
Well...they have the William Marshall Loan deal coming up next week which will convert $100k at .02 in all likelihood, just like this one did today....I’m sure an 8k will come for that one too...
Yes...it’s usually done as a 3a10 agreement in court....if they are close to getting thru it and it settled $450k in debt....this will rocket if there are no other conv notes left....they always convert less than 5% of OS so they don’t have to file a sc13g w SEC....
Looks like a very interesting play indeed....
You and me both.....buyers started getting a bit more aggressive here at the end of the day....we gotta be close
I saw the seller at .08 pull his bid and lower it to .07 for a few minutes....he’s down to 80k shares now.....then he disappeared completely off ASk....
This unknown buying group still wants those shares....don’t know how many more they want....but it’s helping our cause tremendously so far....
The more that get chewed thru before news, the faster we go up when it does hit....this stock is getting close to potential float lock stage...won’t be long now.....
I hate that guy...whoever he is that keeps painting it down
I like it....I love seeing big buyers....we need them...this should start moving soon enough....
This group buying in knows news is coming soon...they are trying to get more while they still can....
On a side note....watch GRCU....it should pop 50% very soon
Bid at 72 now....last 71 bid sold into ...came off the ask pile at .08....
Getting closer......patience fellow traders....this will be quite the run....