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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Right just $200 right now well at .002 gets you every share that mcgi handled in its existence pre merge.
Lol just curious end of June where merge was announced there was only 100,000 total shares available to 1.9 million once it split. So even if you had every share before split would only be 1.9 million.
Must have bought a ton after split what's your average.
I'm not just don't have pm my card I use snapped in half getting new one in mail they cancelled old one before I have the new one right as the subscription was due.
Nothing I haven't seen before at least we can see progress there website traffic increasing rapidly there doing something right.
The key is who's going to pull that trigger first there's more out there then just me and you I'll make sure I'm early to that party my finger is already half way squeezed on the trigger.
I've been circling the water ready to feast been week or so since I last ate some fles I'm getting pretty hungry.
If 10% if that is your definition of most while 90% are definitely not down 99% the o/s update June 4th at 4.9million shares the price was .25 the high of the day soo 90% of shareholders/newly added shares are below .25.
You do know only about 7,500 shares were traded at 1.95.
I'll do one better if it's at .50+ on what I'll hold long term I'll pay for select few 6 or so (plane ticket hotel etc) to an all talk fun getaway traders 4 day weekend too certain location to be determined.Been striving for good conversation with other traders its all I know what to talk about real tired of the deer in the headlight look when I talk to people I know.
Before 6 months from when the 10k was dropped to avoid delisting.
With 300,000,000,000 shares pre split looks better where we are now 50,000,000 shares at .0039.
I'm still prying for quick dip to .003 so I can bring my total to 2.25milly with average of .011.
They we're already making new notes while delinquent July is as far as we know of new notes added.And yes covert as much as you can/want and extended the rest push out dilution without dilution higher share price especially increase in q over q and more you can convert with very little shares next year or use c shares to hand investor and use proceeds to pay off which with increase in q over q the more value they can put on handing over some c shares.
No reason to believe they won't pay with new note like the did before the notes they paid if you know which ones of the 2.8million shares $484,000 worth already converted you'd know why they chose to pay $117,000 to pay certain ones that would of converted into 100-300 million shares.
From the beginning .60/2 million o/s after the split and now .0042/50 million o/s the o/s gained 25x the market cap went down 6x and down 19x from the highest and the pps went down 142x and 476x from higest as of the right now situation we should be at .025 the beginning and high of .08 without news on just anticipation .I play by market cap because it has never failed me most often then not they go way overvalued especially in the otc then play the overvalued peakndropnprofit and get more shares then you started with . A run from the beginning would of hit $10-$20 if they dropped 10k without dilution more if prs dropped after would be at market cap of $20-$40 million at today's price and o/s is a pps of .40-.80 for first run with both qs and no dilution more if prs follow
My predictions were just for notes so still could be right if the company itself sold shares to the market. absolute max that I can get with notes up to now at lowest points is 60million with February note after reverse split first prediction was February before split. Every scenario I study I write down prediction have many many other predictions not going to post all. I choose one that I feel the way the company would go predictions ranged from 10million -250 million o/s with all notes this year gone and the first health pps peak and pullback $10-.40. So yes I believe wouldn't of bought at .0044 today.
Been trying to sell my soul on Craig's list but no takers yet just keep getting trade offers.
-$17,000 1,250,000 average at .018
Nice did you get your average under .02.
Finally got my .0044's filled.
But also just cuz the o/s updates doesn't mean there all sold just means there out there.
Let's say if the 28million o/s that was in the 10k as of the 14th or what ever day it Sid was just February and March then add June note at .0048 would be about 55-56 million shares total o/s.
If the converted February March June at lowest point then it makes sense if they didn't then company sold some shares personally.
Nice I've been sitting at .0044.
Defaultsxiv
5.1 Event of Default. The occurrence of any of the following events will
constitute an “Event of Default”:
(A) the Company fails to make any payment of principal or interest
on this Note when due, whether at maturity, upon acceleration
or otherwise; or
(B) the Company undergoes proceedings related to bankruptcy,
including but not limited to the following:
i. the Company or a subsidiary of the Company (a
“Subsidiary”) makes a determination to discontinue (or
does cease to conduct) business, makes an assignment for
the benefit of creditors or admits in writing its inability to
pay its debts generally as they become due;
ii. an order, judgment or decree is entered adjudicating the
Company or a Subsidiary as bankrupt or insolvent;
iii. any order for relief with respect to the Company or a
Subsidiary is entered under the U.S. Bankruptcy Code or
any other applicable bankruptcy or insolvency law;
iv. the Company or a Subsidiary petitions or applies to any
tribunal for the appointment of a custodian, trustee,
receiver or liquidator of the Company or a Subsidiary or of
any substantial part of the assets of the Company or a
Subsidiary commences any proceeding relating to it under
any bankruptcy, reorganization, arrangement, insolvency,
readjustment of debt, dissolution or liquidation law of any
jurisdiction; or
v. any such petition or application in (iv) above is filed, or any
such proceeding is commenced, against the Company or a
Subsidiary and either:
(a) the Company or such Subsidiary by any act indicates
its approval thereof, consents thereto or acquiesces
therein; or
(b) such petition, application or proceeding is not
dismissed within sixty (60) days.
Being delinquent in filling does not make it so notes can convert before maturity date. Most cases it makes a cheaper share discount when conversion are converted into shares during delinquency.Being delinquent doesnt make the note in default.
Those don't turn into shares till next year. All they got to do is to hold a $12.5-$25 million dollar market which is nothing and all of those notes would only add 3.2-6.4 million shares.
We will eventually chisel the gold plated surface then wipe away the turd until all we're holding is a solid golden nugget.
Very nice not uncommon to drop both qs would be best case scenario even if not Monday which the hungry side of me wants to get chance to grab another million at .004 or under to lock up long term without touching it use the other million to play with flip for more shares.
You gotta be 6 months late from the last financials disclosure before they start thinking about delisting on the sec behalf.
I've only seen couple file the extension nt a day or two late and nothing happened the extension date was still 5 days from when the q was originally due.
Very nice I was to cocky sat at .0046 moved to .0048 last 7 min of trading. On your way to million share club definitely get there if no q Monday Tuesday the Impatient will bail I'll add 750,000@.004 or million at .003. Need my 4% back.
The 14th is 45 days after last quarter they can file now thr through Monday or file extension.
Thanks lol I'm thinking the same might take a 100,000 share nibble before close save rest for next week.
Lol I was born on Friday the 13th 7/13 none the less those numbers always done me good one way or another.
Congrats is it your first one.
Been in many runners that have done the same exact thing silence but bigger debt and $0 revs wouldn't get undervalued shares without silence even with dilution. Many here multiple times say why do it this way or that doesn't make any sense half the runners are just that they don't make sense and crash hard at the peak with every share started from the very bottom. This one when it runs will make sense and in return will hold gains which is rare. I'm not the smartest guy just part of the 5% that make it in the otc trying to increase that number cuz it's mostly people selling at wrong time to go buy something else at the wrong time with huge lack of dd.when I post facts I will not show or post a link I can guide where to look and it's because sometimes it took days to find. It does not bother me a bit if no one reads my post or follows me.My grammar sucks extremely cuz I never cared math was only thing in my life that made sense to me which is reason I played the forex market at 16/17 under my mom's name and bought my first car with it.My o/s prediction is purely on convertables which no matter how you configure you can't come up with the o/s we have.
Yes a trail that is leading up to begin able to upgrade to big board by 2021 is how you get investors and mergers take preferred c shares now into next year preferably once price is at .20-.50. increase in eps every quarter from here on out will truly show what path there on.
I'm signed up with alexa pay $150 a month for the info not estimates you can even do free trial to see for yourself helpful tool compare other competitors and what not.