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Wrong, $1.10
I hope so, KLYG was up 74% today.
No idea why Investorr keeps posting false information.
Per the latest 10Q, there were 4 new additional convertible debentures from the previous quarter report.
I also posted that if anybody has any relationship to management, the new management needs to state which debentures have been converted/extinguished, which they didn't do.
For 4 trading days in a row, we have seen a block trade after the close. That is the brokerage firm covering what he sells short for the debt inventory that is converting. That lower number from the VWAP is his 'vig'.
New management needs to get it in gear.
Yep, Chart Looking Fantastic. See you guys north of $.07 tomorrow.
Should be today or tomorrow. Get long !!
Let me know if anybody needs an explanation regarding that block trade after the close.
Again, Let me know if you want screen shots to substantiate the accuracy of my 10 for 10 post.
I'm 10 for 10 on all my post.
I also said I bought more today, but I guess he can't read that well.
Fact: The Company is converting debt today, yesterday, the day before, and last week since the 8th of August.
Keep Shorting? I'm retail, I can't short an OTC stock.
Hope your blocking this and not reading.
You want the clinical terminology for your type of behavior?
More for Investorr:
Only 1,256,329 shares converted yesterday, so I would assume that the $53,500 note is converted, and that remaining stock should be sold in the next day or two.
Be interesting to see if the new CEO pays off the $38k note that can start to convert in September. We'll know in a couple more days when the 10Q comes out, if, IF they put the language ‘………the note has been converted or extinguished’ for all the previous notes listed in the last 10Q/A. Even if he doesn’t pay off the $38k note, he needs to state that all the previous notes have been converted or extinguished.
I like how Investorr thinks that free trading stock can be issued for a merger/business combination. Actually, you have to issue that stock restricted first, then come back and register it later.
The company did issue 5m restricted stock during the last week. Not sure if that is for a business combination.
Let me know Investorr if you need some screen shots. Keep up the hopium.
I bought more today.
If you know the new CEO, then convey this information to him:
1.) Eliminate duplication in the 10Q report. On page 14 of latest 10Q filed on Jun 2nd, 2021:
NOTE 4. NOTES PAYABLE
On April 26, 2018, the Company entered into two Securities Purchase Agreements, pursuant to which the Company issued Convertible Promissory Notes (“the Notes”) with principal amounts totaling up to $1,000,000, bearing interest at 10% per annum................
On April 26, 2018, the Company entered into two Securities Purchase Agreements, pursuant to which the Company issued Convertible Promissory Notes (“the Notes”) with principal amounts totaling up to $1,000,000, bearing interest at 10% per annum............
NOW THIS IS REALLY IMPORTANT
If super rich CEO guy wants his stock to go higher then he needs to have this language added at the end of each note disclosure.
For Example:
Again on page 14:
On August 8, 2018, the Company entered into a convertible note payable for $85,000 bearing interest at 10% per annum. All principal and interest WAS due on August 8, 2019. This note has been converted and or extinguished.
And that needs to be done to all of the notes.
If he does this, then the stock will go much higher.
Period, Nuff Sed.
Bashing?
I'm long this stock at a higher price, and I bought some more today.
I'm hoping that the new management has some of these messages made available to them.
I'll bet you $1,000 USD, that the $53,500 note that was executed February 8th, 2021 is converting right now.
You want to bet me?
One good thing about what looks like to be a Power-Up note/funding;
They won't just drive the stock completely in the ground.
Investorr,
No, you're not correct. When a note holder wants to convert, they submit a request to the T/A to have said stock DWAC'ed to their brokerage account.
The T/A issues that to the brokerage account in CEDE and Company, which is the DTCC.
No stock goes into CEDE (DTCC) that is not free trading.
What the new CEO needs to do if he cares, it call up the note holder, pay the penalty, and stop the conversion.
Or, he can let both notes come out, and we are going to see a continued slide.
Since the $53,500 was done on February 8, 2021, the note holder has to wait 6 months (August 8th) to start converting to free trading stock, which he will sell in the open market for a huge percentage gain.
If you'll notice, that's when our advance stopped.
Investorr, That's what I was told, and that's why I bought and am still holding.
Fact: Free trading stock hitting the DTC has gone up 6.4m shares in the last 4 trading days. That's the $53,500 note I would assume is at Power-Up converting.
PERIOD
How does a company issue free trading stock without a shelf registration? Convertible debenture.
Attached is a screen shot from last Thursday and today:
And is the new CEO going to let the other convertible note ($38,500) convert next month into millions of shares also?
On March 19, 2021, the Company entered into a convertible note payable for $38,500 bearing interest at 10% per annum. All principal and interest is due on March 19, 2022.
In the last 4 days, the free trading stock at the DTCC (stock that is now in the note holders trading account) has increased 6,394,737.
Since the last 10Q/A, this was the common outstanding:
As of May 30, 2021 there were 71,383,476 shares of the registrant’s common stock outstanding.
Since that report, the total outstanding common is 139,693,340, almost doubled.
Don't care whether you like the above information, but it is factual.
Now if the new CEO is going to be the savior of the company, and want to do whats good for the shareholders, then he needs to extinguish all remaining debt, and have language in the next quarter report which notes have been extinguished.
Period, nuff sed.
If new management has very deep pockets, why is he letting a note ($53,500) convert into 10's of millions of shares of stock?
Next Monday, we blow past $.12/share
The billionaire story is true
If you gouts haven’t yet, please go over to Stocktwits and create an account and get on the GLFH board.
Stocktwits GLFH board is where the action is building.
GLFH is a ticker you should watch. Let's see if KLYG or GLFH is higher in 6 months.
Hey Everybody, if you don't already have an account, can you go over to Stocktwits and follow GLFH over there?
https://stocktwits.com/symbol/GLFH
We are just getting started with the GLFH board on Stocktwits..........I think a lot more people are on Stocktwits today than IHUB.
Appreciate your help.
$IPSI Ready to move.
Short volume increasing.
https://otcshortreport.com/company/GLFH
Danger short sellers............might have to cover these.......
CD'S = SMF'S
Zeta, that is not the official company website.
Careful
ORCA, that was pretty dam funny!!!!!!!!!
Agree
Me_stocks............
I think there are some people who are under-estimating this.
The product is easy to understand, CEO is talking accurate language regarding commercialization, FDA regulatory/510k, PMA.
The trading especially over the last 3 days looks fantastic. Today we are getting people holding big blocks into the hands of people holding smaller blocks. i.e. diversifying the shareholder base into more hands which reduces volatility.
I like what I'm seeing. I don't think your estimates of a dime is far fetched. I actually think it could be higher than that because of the ease of understanding the product, and recent company news.
NewsUsa will help raise awareness about the company and its products. Also hopefully bring in some more liquidity in the company's publicly traded equities. From what I have seen with their reach, we could see additional trading tomorrow.
There is nothing, and I mean nothing bad about additional liquidity, no matter what side of the trade you are on.
There you go fojcol.....
Absolutely right on the money !!! AND... While the patent is pending, the IP is not publicly broadcasted.
Hey, I’ve tried to throw rocks at this thing, and can’t seem to find any yet.
If the financing guys take it easy, then this could go mid centavos in a couple of weeks...........
Dave15213 No after hour prints...........
Doesn't look like any paper was issued today.That said, we might keep moving up tomorrow.
BeamMeUpScotty..........
If it is pending, then they will get it.
First thing in the process is to do a patent search. That must be approved first. After the search process reveals there is nothing similar, then it goes into the pending process.
industrialist............
I have been through the patent process several times.
Absolutely no way you want your product patented quickly.
You want to keep it pending as long as possible. You know why?
As soon as the patent is approved, there are drawings of your product up on the U.S. patent website.
While pending, there is no public drawings or proprietary information made available to the public.
Jugas..............
Lets talk about impatience.........
Jessie Livermore had a great saying.........
"Rarely have a seen a man who can sit tight when he's right"
If a stock starts out at 2 cents, and goes up 30% per day, what will the price be after 10 trading days?
$.28
After 20 trading days?
$3.80
Besides, if the stock moves to quick, then the regulators will try to find something to halt it.
We are doing just fine with a close today around $.03
Daniiiel.............
The company I was in was non-reporting and had the stop sign up on the pink sheet site at the time they received 510k approval.
CEO of the company said he got tired of spending money to join clubs, because even after you had joined the club, everybody kept bashing away. He said the money was much better spent developing the business vs paying OTC markets their 5 figure membership fees, PCAOB acounting fees, etc.
I know another OTC company that stopped spending money on the regulatory clubs, and SEC filings. CEO of that company has bough back 15m shares of the common stock in the open market from the money he has saved (97m to 82m) in the last 6 months. He's going to keep widdling away at the common with any type of left over monies instead of giving himself a bonus. There are some good people out there if you look.
I would much rather be in a non reporting company where the CEO actually cares vs a reporting company where the CEO continually writes floor-less convertible debentures to give himself a six figure income while the company is loosing money.
I Have OTC Penny FDA experience........
From what the CEO has said, this is not a pump.
From what the trading looks like, this is not a pump.
People can easily understand the company product; the CEO is making accurate statements about the FDA, commercialization, and regulatory requirements.
I had one like this back in 2012. Stock went from .008 to over a dollar in less than 2 months. After that trade, I spent 4 years living in Cancun, doing nothing except having fun.
This looks like the real deal again.
Keep trying shoestring shorty. What kind of line do you swing? $300.00-$400.00?
We know if you had any sizable line you wouldn’t be here wasting your time.
Only thing that never stops is you hanging around here.
You’re probably the short that printed the 200 share trade today at the bid.
That’s the interesting thing that happened today. Who would print that trade today with a short sell?
Tic Toc Tic Toc....... somebody is watching