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GRDO looks pretty clean but i don't like the empty bank account, lack of assets, and the many classes of shares. Not a good recipe in my opinion. I guess time will tell.
HIPH seeing much larger trading volumes today. More and more people moving towards the exit.
I hear you but, maybe Im unaware of how much a clean shell cost. Don't know admittedly. But perhaps its just me. I can't see buying shares here at a $5.8 million valuation, when essentually nothing is in the company besides websites valued at $3500 and $210 in cash. I understand a clean shell has value but I can't see placing a $5.8 million valuation on $3710 worth of assets. GLT everyone else with that bet though.
But if you check the link below to GRDO's most recent financial statement it shows the value of all of GRDO's assets. It says GRDO has $210 in cash, and they value some websites at $3500. Total company assets $3710. Thats it. So, I guess the rest of the value here is whatever a clean shell is worth. Anyone bullish here is betting a clean shell is worth more than GRDO's current $5.8 million dollar market cap because GRDO is for all practical purposes empty on September 30th.
https://backend.otcmarkets.com/otcapi/company/financial-report/205035/content
Well, if Mr.Sharp was going to roll his assets into GRDO, wouldnt he want to get GRDO's price as low as possible before he rolls his assets in? This way he could get as many shares as possible for his assets?
If GRDO has total assets of just $212 in cash, why is the stock bid up to a $5.8 million valuation? Are empty shell companies worth $5.8 million dollars?
I read about Seethuequity and the work they did for Ryan. Since Seethruequity got busted by the SEC, do people think the SEC is looking at HIPH now too?
And, why did HIPH have just $818 in cash left in the bank?
Why does GRDO have total assets worth just $212 ???? Look at the market cap, look at GRDO's balance sheet, and it spells EMPTY BAG.
Nice find there. Ryan raised HIPH's authorized shares from 450 million to 580 million, but didnt bother updating OTC or tell shareholders about it. Only made that filing with Nevada Sec of State. If Ryan needs to ratchet up the amount of new shares, that means more and more dilution around the corner. Did notice HIPH was down to just $800 in cash so I guess they really have no choice but to keep creating hundreds of millions more HIPH shares to sell to people for more money.
Without any revenue GRDO will go down, not up. Might be hard for GRDO to go up when sales are $0.
Clean empty shells are worth $6.5 million? Seems very steep for an empty shell.
GRDO has no business and just $210 in total assets. How can this empty company be worth it's current $6.5 million valuation? How can $210 in cash be worth $6.5 million?
This GRDO ticker aint adding up. How is it valued at $6.5 when the company has no money, revenues or business plan?
Am I missing something?
I noticed RSHN has 7,729,739,834 oustanding shares, and that seems like a ridiculously large amount of shares when RSHN has sales of $0 . With 7.7 billion RSHN shares out there, just don't think they will ever have much real value because the supply of RSHN shares is so huge.
A whole lot of RSHN shares and a whole lot of nothing as far as actual sales is not a good combination in my opinion.
I was wrong. GRDO has total assets valued at $210...all in cash. Thats the total value of GRDO's assets.
With no business and just $210 in assets, how does anyone justify GRDO's current $6.5 million dollar valuation?
Im not an accountant but how is $210 in cash worth a $6.5 million valuation? Seems absolutely nuts. Company appears pretty empty to me.
Why did HIPH spend investors money to buy a hat company?
I found the Gents website but don't see that many hats, or a whole lot else.
http://www.gentsco.com
Why waste HIPH investors money on this hat company? Because I think most people don't care to spend their money investing in the hat business. Think most people want their money invested in CBD related businesses and not the hat business. What a waste of time, focus and money in my opinion.
HIPH's business plan is just plain goofy in my opinion.
Why does GRDO only have $212 in cash? What kind of company has just $212 ??
Why does anyone buy GRDO when GRDO has total assets of just $210 in cash?
What I don't understand is, why is GRDO worth $6 million dollars market value when all GRDO has is $210 in cash?
Why do people place a $6 million dollar value on $210 worth of cash?
Seems pretty stupid IMO.
I saw DIRV lost $13,506,702 last quarter. How long can DIRV keep going when DIRV is losing this kind of money? I am not an accountant but when a company is losing this kind of money, might be bankrupt soon.
Why did HIPH buy Gents? I was looking at the Gents website and it looks like they don't have much but some overpriced baseball caps. Why did HIPH waste shareholders money on this hat company? Dope head management making dope head acquisions and squandering shareholder money IMO.
http://www.gentsco.com
Today just computer driven profit taking on big week.
I see a .10 plus close.
Looks like the selling is done. Time to go back up.
Maybe cuz BVTK has $0 revenue? That could explain the selling.
Some crazy shareholder dilution with BVTK. Why would anybody hold BVTK when your underlying equity is being rapidly diluted away?
Today is normal consolidation after a big gain this week. The profit taking is just algorithmic sell orders because the software driven sales are designed to capture short term gains.
Ive been very patient and Im not too worried, but I'm getting a little peeved because RO is suppose to be the expert. Since RO is suppose to be the expert I give him time to get it done. But it seems like week after week after week goes by and its the samething yada yada yada,,,,somebody talked to Richard, Richard says everything is answered and completed and nothing. If Richard is the expert, why can't he get this stupid thing done already? And if he can't get it done, why can't he get it done? WtH is the problem?
I've never witnessed shareholder dilution on the scale of BVTK. BVTK will implode. With this many shares and issuing more at this rate, I don't like BVTK's chances. I know the math behind these reverse splitting accounting schemes.
Why would MM's be shorting DOLV now? I don't get it. I thought when you short a stock your betting the stock will go down?
So many convertible notes and they look like sweetheart deals. I was reading BVTK's attached 10-Q and on pages 13 to 17 it shows a lot of convertible financing deals, however in most cases state the transaction was with a third-party, but BVTK doesnt say who gets those great terms. If I have conversion rights at a 40% to 50% discount to the current PPS plus 10 to 12 percent interest, Id buy that all day. Seems like a very sweetheart deal for those un named third parties.
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12316741
With over 7,500,000,000 shares outstanding, at the rate the company is issuing new shares they will hit the 10,000,000,000 authorized pretty fast. And since BVTK has a subpenny PPS, and the share count is crazy high again, another big reverse split is definitely on the table soon.
Who was running BVTK then?
Im not worried but this wait is getting really really old. This FINRA BS is dragging on too darnlong and Im starting to get peeved. WTH is going on?
LOL...More than 18 trillion shares sold and still $0 sales? Whats wrong with this picture?
Chech this out (see link)
BVTK has more than 7,500,000,000 shares outstanding now. But just last year the company decreased the shares outstanding by doing a 1 share for 2,500 shares reverse split.
For the sake of demonstration of this accounting trick of splitting the shares..... if BVTK hadn't done this reverse split accounting trick in 2016, you can see how many shares BVTK would have had by multiplying the current outstanding shares 7,531,184,221 x 2,500.
7,531,184,221 X 2500 = 18,827,960,552,500 shares pre split
Thank goodness BVTK did that 1 for 2500 share reverse split because if they didn't do the split BVTK would have a whopping 18,827,960,552,500 shares outstanding!
How can anyone say BVTK isn't a massive share selling dilution scheme?
https://www.otcmarkets.com/stock/BVTK/profile
I have never witnessed more shareholder dilution than BVTK's. Never dilution on this scale.
How could BVTK have 7,500,000,000 shares outstanding today when BVTK had a 1 for 2,500 reverse split just last year?
If I knew how to short BVTK I would. Seems like BVTK is a massive shareholder diluter with more than 7,500,000,000 outstanding now and authorized to issue 10,000,000,000. Lots more dilution to go I bet.
BVTK has more than 7,500,000,000 shares outstanding already? Why such a huge supply of BVTK shares? Seems like a endless supply of BVTK shares.
With $0 in sales, why have people bid BVTK up to a $45 million market cap already? Why has BVTK had no business in the latest quarter?
Over 7,500,000,000 is a lot of outstanding shares. Why does BVTK have so many outstanding shares already when they don't even have any sales yet? How does having more than 7,500,000,000 common shares make any sense? That is like a huge huge supply of shares.