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Let’s make some money here baby! I picked up all the shares I could get. Very surprised we’re still down at these levels. It seems odd but it will take off soon.
Not seeing a update on the OS since last month 9/2. It would be a little disconcerting if the SP dropped as much as it did without the note converting. Especially that big drop right before news the following day. It would be better to see the note converted and done with imo.
Man, it’s taking a long time for a company to take over this shell. Does anybody know if they are actively trying to solicit companies for this? I thought there would have been some rumblings of something by now.
The bid ask spread is huge right now. Let’s see if it maintains by opening
It didn’t specify a time and there’s been no update in the OS
Well there you have it. That clears up this matter. Nice post
RBC bought a existing note at a conversion rate of .001. It’s not know if they are able to convert right away or not. Looks like they were able to. Need a OS update to confirm.
Fake News
I’m surprised how bad this is holding its recent gains. The news was great and there’s obviously more good news just around the corner.
Not sure how the purchase of the note by RBC works. Were they able to dump the shares right away or do they have to wait the 180 days from when they purchased them?
Don’t they have to wait 180 days to start converting shares? I don’t think they can start dumping immediately.
Where did you see it needs to be amended?
There was no bad news but there was lack of news. Shareholders are getting impatient with the lack of updates on the patent. The share price consolidated down to the 50ma line and it finally fell through yesterday.
Ugh broke down hard. I was afraid of that with no news and it sitting on the 50ma. Without news of progress this will have a hard time rising. Looks like the 50ma will be the resistance now instead of the support.
She might bust a big move here!
RBII Suspended?! Figures, SEC always goes after them when they are running. They had all the time in the world when this pos was in the trips doing nothing. They wait for people to pour their money into it and screw everyone over. Sorry to anyone holding this. I feel for you.
Looks like the OS was decreased by 63 million. Nice, only 200 million OS now. She’s going to fly soon
The filing states that they will decrease the AS along with the OS with the split.
I added five million more on the dip just because the AS will be decreased in proportion with the OS. People sold before reading properly. I’ll add again tomorrow if there’s still scared selling.
Exactly! The AS decreases in proportion with the OS. They would have the same opportunity to dump now as they would after the split. It’s not the typical OTC split to dump on investors.
They are splitting the AS along with the OS as per the filings. Literally nothing changes here except a better share structure. People lost out today for no reason. Unbelievable
Churning at these levels is perfect for a breakout to new highs. Looking very good here!
The AS is 25 billion. The OS is 13.3 billion with 7.6 billion restricted. With a trading OS in the 5.7 billion range it can still move with some good pump news. Don’t get me wrong this ticker is a complete POS but if they put some news out it’s possible for it to move. Still a scam though lol
Looking much better today!
I understand the frustrations but this will bounce.
They always bounce around 60% retracement from the high. It never keeps falling just like it never keeps climbing. Plenty of money to be made right here ;)
Nice grab today! She is basing and ready to fly. Hard to believe we’re still in the double zeros right now. Welcome aboard 84
I know I did LOL! I couldn’t believe the prices today. The chart is setting up perfect for the next big leg up. The consolidation in this area is HUGE!!!!
OH NO it’s looking good! I was surprised my low bids filled today. Ended up slapping the ask just after and picked up another six million today. She’s looking to explode from here ;)
Added a few million in these levels. Looking to add more tomorrow. This little pullback has been getting absorbed quite well. Should have a nice breakout here soon!
Looking to see if it approaches the 50ma tomorrow at .0222 for a huge bounce. Not sure if it will make it that far down but if it does it won’t stay long. This should be trending higher very shorty. GLTA
Company has been buying back debt so it’s not to be converted. The last two remaining notes are guaranteed not to be converted until at least next year. By this time the company will most likely buy the debt back as they have been doing.
18s are stacked up but they’ll probably be taken off if it gets a good hit
Lol was that a true statement by KATZ? Doesn’t help? I wonder how all those convertible loans would have been given out if there were no one willing to buy in the open market. They fund their company on shareholders backs. What a ignorant statement.
One of the better trading days I’ve seen here in several weeks. Little wins lol
Holding 10.5 million and will add another ten million on the next run up. Been here since April but don’t post much.
LOL...They have been buying back debt so it’s not to be converted. They have also negotiated a hold on the last note conversions until next year. The last notes will most likely be bought out before conversions as well. That’s smart management with shareholders in mind.
I completely agree but what kind of news will do that? The news today confirming no dilution guaranteed until next year if at all should have put this through the roof. Let alone another convertible debt settlement. The bleed out is getting old and I’m not seeing much that will change this course any time soon.
Can’t believe it didn’t move on this news. Not sure what it’s going to take to get this going. Disappointing
AWESOME NEWS!!!