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Over 40% of the OS is on the bid, safe to say people want shares right now. Interested to see if this Q will be positive enough to get that number to chase the ask
But isn’t that referring to the preferred shares? Part of which convert into 2.67 times the OS in common shares. Aka A LOT of shares....and growing
Would it be possible that the company diluted shares themselves now that they are current to pay off future notes before they convert at the discount? That would actually be somewhat productive compared to letting the roof collapse on their head.
Imagine if all or most of the notes were paid on the Q...I’d shit myself right alongside the shorts that are still sitting on several hundred million right now
Say what you will, the 3’s are getting bought up by the boatload right now. Not quite the selloff they were hoping for so far
I wonder if it’s hard for him to sleep at night in his new mansion, the walls probably talk like crazy if he has any semblance of a conscience lol
That my biggest question, they’ve never once tried to be transparent in this entire process since the reverse split. They wouldn’t have updated that for no reason. Super questionable with the Q so close. They’ve always leaned in the favor of deception in the name of selling shares so I can’t even guess what their motive was with this.
Not trying to get my hopes up, but a PR tomorrow seems like a no brainer. I can’t imagine the company passing this opportunity up. If they have something big to share this would be the time
Same, I’m just hoping a couple whales or a big PR squashes them before the day is up. Would be amazing to see lol
Prevent it from running any farther because they shorted HEAVY at .0003
CDEL keeps digging a deeper hole, drop something big Chris!!
CDEL barely stacking 5’s trying to hold it back lol
Nothing but flippers to bust through right now, looks good so far
Drop some news, knock these shorts out for good :)
Of course my funds haven’t cleared and the 5’s are all the way gone. I guess that’s a good problem to have though lol
I’m just here for the snacks but if everyone is trying to blastoff I’ll get my space suit ironed
Can you sticky it for everyone since you’re a mod now? It’d be more useful to newcomers than what’s up there now for sure.
I fully endorse this message lol
Groups of flippers will probably come in next week and try to put on enough buying pressure to force a cover for a nice run on the MM’s dimes.
Especially if there’s news Monday morning....yes please
Let’s get squeezey
Someone has been very dedicated to spamming 911 orders all day lol
Those .0004’s are an ant pile, someone’s just gotta kick it and watch the ants scatter lol
Then get rid of the .0005s and it’s on.
They’re in too deep, if this runs hard they’ll get ruined
I wasted my slap at .001, wish I had that much right now to slap and open this all the way up. Someone else will though, it’s only a matter of time.
The right news followed by some monster slaps will send this on the run of the year.
This’ll get interesting if someone scoops up those .0004’s :)))
The ball is rolling, Chris, give it a kick!
PR it if you got it Chris! Lure the whales and these shorts will fold like a chair
Big slaps, keep it up! Send them running!!
Give us some news while we’re at it lol
This will run again, noteholders got their .0002 number and shorts will cover, company will drop a PR or two and the Q when buying dries up. They don’t survive when buying dries up so it’s only a matter of time, just have to be patient.
The time to do that was .0011 after the sales PR but everyone wanted to sit on the bid at .0009 instead of help slap the short wall and look where it got them.
We would need *good* news to be able to have any chance of that right now and we haven’t gotten it yet.
All of this claimed “hyper dilution” from .0009 to .0003 feels exactly like that, the Q will at least tell us the extent of the actual dilution. If they’ve shorted it this heavily to bring it down to .0003 and it even gets a hint of a solid run the squeeze will be legendary lol
That’s their goal, they’re dead set on getting those .0003’s filled lol 50M wouldn’t magically stack together on the ask at the same time like that otherwise. Trying to scare people into jumping into the 3’s imo
And as soon as they get filled it’ll be “primed for takeoff” hahaha
Not saying it won’t run again, just saying if they wanted to break the pattern of trips they had a great chance and squandered it completely. Maybe next week though lol who knows anymore
I was hoping they would’ve taken advantage of the momentum we had last week and they dropped the ball like usual, they could’ve clawed out of the gutter but here we are again lol
There is definitely an insane amount of shorting going on here, probably at least half of the volume on some days. If it’s more dilution I hope it’s at least the company so they can pay off the notes before the next discounted conversions hit. If they did pay off the December 14 note early they would probably PR it before the next Q. Either way, the way they are operating right now won’t sustain them much longer so we’ll see what they do. This will probably run after the shorts cover and the company announces something noteworthy regarding financing/note payoffs. Not much to see today, just have to watch people buy infinite .0004’s and hope something changes I guess.
Fire Tim already, dude is useless
Tim does for sure, screwing us all day is literally his day job lol he’s been doing it for years and years now
Looks like that’s where the shorts are trying to cover, I wouldn’t be surprised if they got filled the way this has been going tbh
Good for noteholders and no one else
If this is a P&D scam like everyone says they’re doing a shit job of it lol
Now that the company is current I think they might be diluting shares themselves to pay off the next note before the noteholders can convert for 50%
That’s my only guess, but for them to be dumping into the bid in tidal waves is borderline disrespectful not to mention completely stupid
I mean it’s obvious that PR wasn’t going to move the price. The reason people are hesitant to invest is solely due to the toxic financing and continuous discounted conversions.
Until they address that directly and offer a solution it’s not going to move up in any significant way.