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There never were any cars, just a photo shopped VW with a super imposed photo of MJ added to the top of the car. A photo of a car that does not exist with a photo shopped MJ bud on top (cost about $60). A PR email news release about the amazing plan (cost about $400).
Total cost about $500 give or take and they managed to sell 200,000,000 shares back when they were $.18 and took in over $36,000,000! Not a bad return on a $500 investment.
Why sell MJ or even GROW MJ when they can sell $36,000,000 worth of stock with little to no costs. To make $36,000,000 in MJ they would have had to spend $millions on land, equipment, regulations, employees and still would likely end up at a loss.
So why sell products that lose money and you have to work HARD to get it to happen when you can sit in your Lamborghini or 60' fishing boat and just dump billions of shares for FREE CASH with no work!
suissac said everyone is going to get wiped out, I wanted to know which toilet paper he was using.
Charmin or Scottissue?
I see people over and over say a specific "ticker is a scam and they know by experience" So does that mean those low level retailers are buying into pump and dumps just so they can lose money and brag they they knew it would happen just to be RIGHT about something?
You never seem to find anyone to say "I knew this would explode and it made me rich"
Crazy investors.
OTC tickers like this one are no different then investors putting money into a homeless mans begging cup with a sign that says "Im Hungry" then you see him use the money to buy Vodka. He never said he was going to buy food he just said hes hungry.
That is what these OTCs do. They may find gold, they may grow marijuana, they may dig up lithium but never do. They do run out and buy new cars and Rolex watches with the money but by no means did they say what they mentioned as intent would ever happen.
If someone took an OTC and renamed it SCAM CO. and had the ticker SCAM and said shares are only $.0001, they would sell all 50,000,0000,000 shares at $.0001 and raise $5,000,000 cash. And people would STILL invest in that company $100 for 1,000,000 shares. That is what investors do. That is why these OTCs thrive.
The shorts for 2022 are closing out the year having made over $300 BILLION! due to the market drop. I bet NO ONE has made any money long on these pump and dumps.
The shorts for 2022 are closing out the year having made over $300 BILLION! due to the market drop. I bet NO ONE has made any money long on these pump and dumps.
1,100,000 shares today took in $106, so sad.
What a shame but everyone has to know by now this is the NORM on these OTC stocks. It's not isolated, it's no different then all the others tickers in peoples accounts.
Crazy market.
I assure you he is having the book proofed and edited. I only get to see the draft. So far we like the material. SPOT ON that no one is taking about or even knows about.
Seems all is OK over at GNGR. The CEO was again banned from IHUB from moderators. If you email the CEO he knows why.
Stemcell, from what I have seen over the years in these here today gone tomorrow tickers is they need to keep interest up to sell shares to new bees.
The company has brokers intentionally drop the price down to $.000001 and then the next day they buy some back at $.0001 (a 100x gain) of 10,000% increase. They do that to get people to run and grab the calculator and say to themselves if they has only bought $1000 worth of shares at $.000001 (one billion shares) and sold them at $.0001 they would have turned $1000 into $100,000. That is the logic that attracts new investors but the market makers would never have a bid buy for 1 billion at $.0001.
They may have a bid for $.0001 but for only 100,000 shares and as soon as a seller dumps them the level 2 may then change to $.00001 for 50,000 then $.000001 for 25,000 making it impossible for anyone to buy at $.000001 and sell to make any money.
As for the shorts, naked or valid. A broker can lend shares that are then lent again and again. Not naked because each lend is registered. YES lending and borrowing shares 10 times would look like naked fakes added to the market and in a way they are but those shorts end up being closed when the price drops.
My guess is they shorted BRGO big time the past week and bought all the lent shares they sold for $.0001 or more and bought them back from the company debt holders for $.000001 to close out the shorts are a fraction of what they sold then for. If the price went UP to $.0005 let say, the shorts would end up buying back higher and losing millions and you all have to know by now, those brokers and those shorting will make sure the stock tanks which it did to close all the multiple lent open short positions.
This further proves the brokers are all in on the plan to dump, dilute, short, buy back for $.000001 and repeat the process. Much of this will be covered in one of the chapters in the soon to be release book.
Stemcell what the heck is with the price today?
If stocks are mentioned in the book they will likely be de-listed or reverse into a new ticker by the time of publishing making the data outdated.
However the book will also work hand in had with a website that can change data daily. Its a book that interacts with the website that in a way keeps the book structure the same with data ever changing each day.
Should be an amazing combination.
Buffet lost billion$ on Heinz, Occidental, American, delta, United airlines and other businesses. You have to lose money to make money. Even the mighty Franklin Templeton lost billions to make 10's of billions. They all have to take high risks but still make profits.
OTC is almost a sure thing you will lose all your money. As I have stated that does not mean all OTCs are bad and you have to know what to look for to find the good.
That is how to make $$$ on OTC's you buy the good with knowledge knowing full well the masses will keep buying schemes that are always an accumulated loss in their trade accounts
suissac, Chan may make very little. He takes a loan out for $500,000 that will be redirected to himself as income or bonus from a 3rd company debt holder that is owed by the debt lenders.
The loan is not paid in one lump sum or in advance, it’s a loan on paper that he is owed the money and it is only paid after the debt holders exercise the right to take shares after to they pay off debt and sell more shares to the diluted float.
The debt diluters will pay for instance $10,000 of debt for 100,000,000 shares at $.0001 and because the shares have dropped so low they have to sell more to make more money. If they dump the 100,000,000 for $.0003 the diluters are making only $20,000 profit which means they will only pay Jimmy $5,000 or less for those 100,000,000 making the purchase price only $00005 per share. So the sellers can sell them for any amount over that to make a profit while still keeping the price down so no one else can sell except at a loss.
That is a far cry from when they sold 200,000,000 for $.15 for $30,000,000. The next phase is to just dump as many as possible for $.0003 maybe another 500,000,000 is still only $100,000 profit after paying Jimmy $50,000 but I am sure he will get much less as the stock drops they price to buy goes down for more (Death Spiral)
If you think Jimmy is getting $500,000 at a conversion of $.0001 that would be another 5,000,000,000 shares issued to the diluted float. SGMD has 20 billion authorized and 12 billion issued so there is 8 billion available to add to the diluted float. That is what the loan will cause to have happen.
A rule of thumb is that any well-run company should have a ratio of 20% or less in the float of the issued. SGMD has 12 billion issued and 9.5 billion at the DTC that is about 80% of the issued in the float. That is BAD, very very bad!
The $500,000,000 will be paid to Jimmy over time as he issues shares to have the loan debt paid off. Well soon see 100,000,000 trade each day till the 5 billion is all sold.
Jimmy may not even get the whole $500,000 and maybe only $100,000 as the stock tanks the debt financiers will pay less per share and get more shares depleting the authorized. They may add more to the authorized as long as suckers are buying this but I anticipate a 1 for 10,000 RS.
As long as people keep buying these stocks, nothing will change except the additional curse words from investors towards the CEO.
Will do,
I knew that before you told me.
Stockstobuy, if 95% of all stocks are scams, that means that 95% of the 10's of millions who invest billions each year know they will lose 95% of their money.
But I think your estimate is generous, I would put that 99.99% of all OTC tickers are questionable. That is more accurate because so far out of EVERY IHUB ticker chat room, no one is showing they made money on those tickers.
The remaining .001% is what I am watching very carefully.
Soon it will be available.
Suissac, again, people did not get trapped, they ran to the pump and dump cesspool with bathing suits and beach towels and jumped in to take a swim.
I would say they should be called pump, dump and flush. When you see the pump and invest in the dump you then watch you money get flushed down the toilet.
suissac, The book you seek is under editing now and will soon be available.
lekers17, As long as OTC investors keep tossing money into the trash, BRGO and 1000's of other OTC's will be right there to take it.
With about 12,000 listed OTC tickers about 10% account for over 90% of all shares traded on any given day. That is because the shares are under a penny. What is interesting is that the 10% low priced pump and dump stocks only make up for less then 10% of the daily dollar volume on any given day. But 10% can be between $200,000,000 and $400,000,000 spent on just those pump and dumps EACH DAY!
Doing the math, the 10% pump and dumps that account for over 90% of all shares traded each day make on any given day about $300,000,000 of the daily trade dollar volume that is usually in the billions. Just those 10% pump and dumps account for about $90 billion annually being tossed to the trash.
With that kind of money available for selling just shares on a few $1000 worth of PR news releases, you cannot blame the OTC pump and dumps. If all those OTC pump and dumps one day said NO MORE and stopped selling shares, the same investors would spend it gambling, casinos, lotto, the horse tracks or back room poker games etc.
You cannot blame the OTC's, they are just sitting with a broom and dustpan scooping up the money investors just drop to the floor. If they don't take it someone else will. As long as investor gamblers believe in the dream of a windfall and keep spending money to find it to no avail, their will always be someone to take what you are willingly giving knowing you only bought a dream not reality. And the disclaimers say that in the fine print you may likely lose all your money!
When the stock is diluted and eventually no one will buy any more shares, they will just reverse merge into a new entity and a new ticker and the SAME investors will jump into that scheme as well. I mean CAMON! People, BRGO says it right on the data that they were another scheme and another ticker before the change to BRGO and eventually BRGO will change to another ticker and add that they were also formally BRGO in 2022 or 2023 or ? when the shares run out.
From the OTC data it says,
BRGO
Formerly=Alba Mineral Exploration, Inc. until 11-2009
Soon it will say
Formerly=Bergio International until 11-2022 (or later depending on when they change tickers)
Formerly=Alba Mineral Exploration, Inc. until 11-2009
The example above is the reason why the OTC listed tickers never gets reduced. You would think when a company like ALBA folded the OTC would lose a listed ticker and 1000's of others doing the same. The fact that pump and dumps can change to a new ticker then reemerge with a new ticker starts the cycle over again and the OTC listed tickers is never reduced.
If all pump and dumps folded after the scheme closes the 12,000 would reduce to about 5,000 tickers. The cycle continues over and over and the only reason it happens and thrives is sucker investors wont ever stop buying the dream.
What people do not realize if when a new ticker emerges and they are fed up with the previous ticker, they are almost always giving money to the SAME people they lost on the previous ticker. SURE their is a new CEO who is the patsy to take the heat and cursing when the scheme fails but the fact is, investors likely gave most of the money they invested over the years to the same people.
Kid of sad but it is the reality of people who want to find a dream for $100 more or less and turn that $100 into $1,000,000 and the belief it could happen at least makes the time of day pass with some hope. If they do not invest they cannot think about that dream becoming a reality that never happens but that little bit of HOPE I guess may be worth the loss just to keep moving ahead with some aspect of a light at the end of a very long tunnel.
It is just the way it is and will never change.
suissac, LOTS of investors grab shares regardless of the warning or financials. They just like to buy when the stock tanks with the hope if it rises a little they can get out first with a profit while everyone else who paid more or cost averaged has to wait.
They figure if they buy now at $.0003 then they are into the stock for less than all other investors except for others who buy in at the low price. But there will be far less selling IF the stock rises to even $.0005 they make a few bucks while most have to sit and wait till the price goes higher.
It’s a strategy that rarely pays off but what is dumber? Buying into intent hyped marketing at $.18 or more with the back up that if it goes lower you will cost average and eventually hit bottom or buying at bottom initially so any rise you make money while cost average investors have to wait?
Either way EVERYONE loses except for the ones doing the debt dump. Any sales now that are not being bought to cost average but just bottom feeders will kill any chance for initials or cost average buyers to sell at a profit.
As soon as the ticker rises a little, millions, 10's of millions who got it at the bottom will sell and the market makers will never raise the bid. In fact, even if just a few bottom feeders sold, the market makers would kill the price below $.0003 so even the bottom feeders cant sell except at a loss and they too join the losers lounge known as the OTC investor club.
I meant MEAN not MEAT! sorry
meatstreetdude, You have to keep this in mind when people keep posting declines in value and lower valuation and increased float and % drop in liquidity, the one fact to all of those numbers be it up or down, The scheme always makes money, they never lose.
If people here lost 90% and soon maybe another 50% the debt investors keep making money, they never lose, the decline in price and value is to keep everyone from selling other then at a loss and to compensate for the lower prices shares, they just increase more to the float.
They don’t care about the share price up or down! ($.10 or $.001) If they sell 100,000,000 at $.10 to make $10,000,000 or they sell 1,000,000,000 at $.01 to make $10,000,000 or even 10,000,000,000 at $.001 they make $10,000,000 its still the same revenue on more shares lower that only hurt investors. It is part of the plan!
And they do it starting high; dilute, cost average buyers jump in, and then dilute some more to attract the bottom feeders who buy in at diluted prices.
They make $10,000,000 x 3 ($30,000,000) and it came from what ever the share price is be it $.10 or $.001. Investors will never see a return and even selling at a loss, the market makers will shut out the level 2 to maybe a bid of 50,000 shares.
Declining price is horrible for investors but it is great for the company debt dumpers. They make money selling literally nothing but endless inventory of shares. A few $350 pr news releases and they will raise another $10,000,000.
Some say, WHY would the CEO hurt his own wealth or holdings, The CEO does not own any shares, he just makes the debt payments and those who paid the debt take the abundance of shares to sell cheaper then the bid will ever be.
Everyone makes money but investors.
I wish I could post some positives over all these OTC intent schemes that say they MAY achieve a goal and never do. If you look at the company debt and revenue from sales (not anticipated sales but actual sales) then look at the debt and share structure you can see those puzzle pieces equals a GO NO PLACE plan other then to just sell shares.
The debt is not company debt but acquired debt so 3rd parties can pay down debt in exchange for billions of free trading shares. Even if the company caused the debt itself would mean the company is a failure so the end result is debt equates to dilution and dumping billions of shares to the float. Acquired debt or self inflicted debt, what you never see in these OTC's is PROFITS! Profits means debt investors cant the abundance of free shares to dilute. If you see debt, no profits and huge issued. Strike 3!
eyal2, Sorry to say that there are to many shares in the float to make anyone any money. You have to realize the float data says 2019 showing only 540,000 but there is more like 6 billion or more and another 9 billion authorized on stand by ready to be sold to market makers for less then you or any others can sell them for on the bid except at a loss. The plan is to make SURE no investors make any money on the stock.
If everyone (tried) to sell on the bid at even $.01 why would the market makers give you or anyone else a penny ($60,000,000) when they can buy the 6 billion from the debt dumpers for $.001?
If BRGO even want to a penny (and it wont), 6 billion x $.01 comes to $60,000,000! The market makers would have to buy back the shares from everyone for everyone to make that penny per share with many still at a loss. And remember in order for them to buy yours and others for $.01, they need to have the same amount on the asked for even $.015 that comes to $90,000,000.
Do you REALLY! Think BRGO will have $150,000,000 exchange hands at even that low price? If the shares did rally to $.015 (but we know it wont happen) but let say they did and there were enough buyers to take out the 6 billion asked for $90,000,000, the market makers would just get more shares from the debt sellers at a fraction of the bid you think you can sell at.
In case the above did not sink in. Here it is in a nutshell. YOU WILL NEVER MAKE ANY MONEY ON THIS STOCK!
And for those who KEEP saying BRGO CEO stole their money? WRONG, you gave it to him willingly on a gamble that stated you will likely lose it all. No one stole anything.
What is funny is when the stock tanks, the CEO is a crook and if the stock rises he’s a HERO. People invest knowing they are all schemes but they figure they will each get in and out but eventually find that strategy fails with no one making any money that bought at the retail lever.
People do not care and KNOWINGLY invest in those OTC’s knowing it’s a scam, or just intent ideas as long as the price goes up. Its when the price goes down is when investors call out the fraud or the CEO is a crook they knew all along.
So in a way you cant blame the CEO or debt dumpers. They want to make money legally same as investors but for them to make money, you all have to lose money.
The debt dumpers cant make $10,000,000 selling 10,000,000 shares for $1 on a huge price increase because then everyone would sell killing the price so they just sell 1,000,0000,000 shares for $.01 to make the same $10,000,000 and on the OTC its easier to sell shares for $.01 then $1.00.
It would be like telling people the LOTTO tickets to win $10,000,000 cost $1000 per ticket and you only have one ticket and one chance for $1000, no one would buy lotto because they would say its not enough chances for such a large investment.
That is why $.01 or $.001 shares sell easier then $1.00 shares. If lotto tickets were $.01 per ticket people would then buy the same $1000 for that lotto drawing saying they now have 100,000 chances to win but likely will still lose.
The main issues is also the LOTTO is backed up by cash not empty promises. You can buy a house or car with lotto cash if you win; you cannot buy a house and car on the OTC intent dream with hope. So they are similar but different in that LOTTO is real cash if you win. OTC gains are real if they rise up that they never do because OTC is not a lotto.
There is no drawing for a guaranteed winner. The OTC is set up to lose from the beginning, it is planned to fail and also to make sure the price never rises so the only winners are the debt investors and the CEO.
Think if it like this, OTC stocks are like a slot machine that if you hit 777 you will hit the jackpot but because the OTC’s set up the pump and scheme its as if the casino removed one of the 7’s from one of the wheels and they said in the fine print a 7 MAY be missing from one wheel and you say OK and still put money in the machine.
I may not be as negative over BRGO as most are but what I post is 100% accurate and knowing that I never buy into the schemes but so many do, they thrive and as they thrive and RS or start out initially before the dilution is when you short the stock. It’s the only way. You may not make $1,000,000 on a $100 investment (its impossible to do that shorting) but if you short $50,000 and buy it back for $2500 and pocket $47,500 still seems like not a huge win. Do that 20 times a month and there is your new house and car on a pump and dump stock.
Stockstoby, YIKES that's a lot of hate and pain wished upon the CEO. Over the years I have seen so many very harsh words posted and they usually come from the following and why.
1. They only invested $200 at a low price and the stock went even lower.
Those investors are not mad they lost $200 they are pissed that they thought the 1,000,000 shares they bought would go to $2 so they blame the CEO for them losing $2,000,000 not $200.
2. They bought $1000 at $.10 (10,000 shares) and bought more to cost average.
Soon realizing they just gave the company MORE money and are pissed they got duped.
3. People who took the intent bate told friends or family that it’s a sure thing.
Now they are faced with friends and family pissed at them and they blame the CEO for the situation close to home.
4. Anyone who dumped more then $1000 into this stock regardless of cost averaging, I have an old bridge in Brooklyn that I would like to sell to them cheap.
Stockstobuy If you say he has been lying for DECADES pumping the stock and people still buy then who is to blame?
Also he never LIED! He said intent, maybe, if and could but never a sure thing. That is how the pump disclaimers allow intent to be pumped but it clearly says it may not happen and you may lose all your money.
So many of these pumps say they will file to go to NASDAQ and investors read is as they ARE going to NASDAQ and tell others they are going there when the application may be real and applied, it is denied. What you don’t hear is the denial just that they filed but everyone reads it as they WILL be on NASDAQ.
Anyone selling shares on a pump for decades and 3 RS and people keep buying the stock Just means if THEY don’t take your money, some other pump scheme will so the battle for which pump just sounds better gets the most money like Crypto or MJ or Lithium all are HOT topics.
Would you ever invest into an OTC that does shoe repairs that is actually doing what they say? No you would not so you invest in the INTENT huge market or hot topic. And no one here finds these tickers on their own, they are sent an email, told about it on some chat room and IF the stock is so HOT and will surly RISE why aren’t those who tell others about it buy it all and keep the huge gains and keep their mouths SHUT! That is when you know your going to lose it all.
Why do people invest in these thinking a PR NEWS that says it MAY happen means it will happen? If he lied he would be in trouble but saying he INTENDS to do things is not a lie. He intended but failed.
Failing a business is not a crime.
You giving your money to someone who said you will likely lose it all is not a crime
Anyone buying after the first RS then the 2nd and then DAM a 3rd!!!! Needs to rethink their investment strategy.
You wrote
But Berge Abajian has been lying to shareholders for over decade in order to pump the stock so that he can dump. History of himself and his 3 reversed split doesnt lie. This piece of human garbage should be locked in jail or feed him to the hungry lions at the zoo. He could be hit by a truck, and i could say good riddance because we have one less criminal walking on the street scamming people. I even hope he get cancer and perish then i could honestly say, go burn in hell now
stockstobuy, sadly it is the investors fault as he said on the phone and everyone has the ability to look at the financial data and stock structure is just a click away on the OTC website. People who buy these stocks know it wont make any money yet the logic is keep buying into them just in case one does hit.
Its like playing lotto, you can’t win unless you buy a ticket. The difference is LOTTO you have a slim chance to win but with these OTC stocks you have zero chance to win if you buy the stocks hoping they go up. And with so many shares in the float held by so many that even on a slight rise up in price just a few sellers will kill the price right back down.
The reason you can never sell is the market makers get shares cheaper then the bid directly from the debt conversion shareholders and those are an endless supply. So when people say when the shares are all sold the price will rise wont ever happen. When the shares stop selling, the market makers vanish and that means no new buyers on the asked.
Everyone knows this; it’s the same story over and over from the same investors complaining every dame time on every dame ticker. I see the same past posts from the same investors on different tickers. The CEO of BRGO is correct when he said it is your fault sorry to say. For one reason the legal disclaimer says it all.
You may lose all your money and the company may not do what they set out to do.
BRGO cannot be charged with a crime when no crime was committed. If you gave you money to a man who said "DON'T DO IT" In the disclaimer is like buying milk and letting it sit in the fridge till it turns sour then try and return it when its weeks past its expiration date. You bought what you know would go bad and when it does you cry foul.
The OTC stocks are no different and OTC investors never change or learn. That is why so many pump and dumps exist and thrive, they are all competing for the FREE money being tossed out the windows by investors who just gamble it away.
To get rid of ALL pump and dump frauds, the debt conversion rule MUST BE ELIMINATED! that would mean all those pump and dumps could not sell and dilute and with no debt money they would fold. But you have to convince congress to make that law change and since they are in on the schemes nothing will change.
suissac, you will find another ticker that is going to the moon and dump more money into that ticker with hopes and dreams of making lots of money. You will end up cursing the CEO, crying foul, filing complaints that will never be read by the authorities and those contacts at congress do not know you exist and they are also part of the problems at the SEC.
You have to play because what if you miss the ONE you did not play and the stock does rise to the MOON? For that reason people keep buying into these pump and dumps and the reasons why they are active is because people keep buying into them. As long as people want to throw money away there will always be someone to say ILL TAKE IT for FREE!
I smell a 10,000 for 1 Reverse soon. When that happens it is time to short this again and make MORE money, It's the only way.
TRANSCONA, that is incorrect. Shorting the stock does not kill the price, the company and debt conversions kill the price. In fact a short can end up losing if the price rises which it never does. So why not short it knowing full well it will tank on its own due to the company structure that shows it will tank.
I shorted many stocks like a recent ticker for $.18 that is now under a penny and did not cause the problems of the decline. The writing was on the wall as most OTC pump and dumps have similar structures. That structure and who is making it happen are to blame but not as much as investors are to blame themselves for buying into intent and dreams of hitting it big.
Some tickers do not even want shorts to short the stock so they make it HTB (hard to borrow) or ETB (easy to borrow) Remember these stinky pinkies only want to make the money, all the money, every last penny from investors who all lose. since the price always goes down, there is no other way to make money unless your in on the scheme or you short the stock.
It’s a game, play it to win.....
Suissac, YOU bought the shares with this similar warning so what is your point?
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others, such as but not limited to; economic conditions, changes in the laws or regulations, demand for products and services of the Company, the effects of competition, uncontrollable forces of nature and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. You should not place undue reliance on our forward-looking statements because the matters they describe are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond our control. These factors, risks and uncertainties can be found in Part I, Item 1A, “Risk Factors,” of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2021, as the same may be updated from time to time. Although we believe the expectations reflected in our forward-looking statements are based upon reasonable assumptions, it is not possible to foresee or identify all factors that could have a material effect on the future financial performance of the Company. The forward-looking statements in this press release are made on the basis of management’s assumptions and analyses, as of the time the statements are made, in light of their experience and perception of historical conditions, expected future developments and other factors believed to be appropriate under the circumstances. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained in this press release to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based.
My guess, 1/10,000 RS
It’s an attempt to insult Jimmy, Rule #1 Pump and dump schemers don't read IHUB ever. They know what people are saying, it’s the same posts over and over from 1000s of pump and dump sucker investors year after year. (All lower case) is just a way to make people feel like they GOT HIM! In some strange way to makes them feel like they got the last laugh not spelling his name in capitals.
I see it 100s 1000s of times and the reason they do it is its all they have left to show how upset they are. You can't sue JIMMY! You can't arrest JIMMY and you can't FIND JIMMY or the money the scheme made that left all investors with nothing. SO what do you do you spell his name with no capitals. Why not just spell his name jimmy chan with out capitals instead of spelling it lower cast and saying its lower case? Besides its not all lower case it’s just the first letters J and C. How about this jIMMY cHAN for a change.
But mostly people who do that know others will critique it to get attention to their posts to give some validity as if the post is at least read by others. jIMMY won't respond so the next phase is to get others to pay attention, Misery loves company!
:) Play the game
Suissac, everyone was wiped out at $.01 here is why.
The answer (will they ever make the price rise back up) is NO because If the share price goes UP, 1000's will sell the shares and the more investors sell the less the company sells so they do not want to have you as competition. That is why the price always goes down not up and the float is diluted.
The only ones making money are the ones selling on the decline, the shorts and the company all at the retailer’s expense. Why you ask? Because for every one person who makes lots money, 1000's have to lose a little. As the price drops the shares increase to regulate the money coming in regardless of how low the shares drop to, they just have to add more to the float.
At $.10 per share, if they sell 200,000,000 shares before the dump, they make $20,000,000. At $.001 per share they sell 20 billion shares. The money they make is the same simply by selling more shares for less to retailers. You lose they win.
The less there are of the ones who actually make money means more money split between less people. Any belief the price will rise so you can make a profit means 1000's of others will attempt to do the same. When that happens only one or two will be able to sell some of what they own before the market makers kill the price below profitability, meaning you and the others retailers will never make money.
And remember the large volume are shares issued to the market makers from the companies debt dumpers that are sold to the MM's for far less then the price you see on the bid so there is no reason for the market makers to buy your shares when they can get an unlimited amount from the debt dumpers for much less.
And the market makers diluted these shares to make quick money so why do you think they would ever buy your shares back that they cannot resell on the asked.
It’s the cycle of these tickers and anyone buying into the declining price to cost average or maybe get in initially after the dump will never make back a profit. But I do think retailers just want to see they own 10,000,000 shares for $1000 for some odd reason it makes them feel alive or what if and if only.
Same as when buying a lotto ticker. HOWEVER! Have you ever bought $1000 in lotto tickets when the jackpot is only $10,000,000? Never! Maybe $5 more or less because in the back of your mind you know if you did buy $1000 to win $10,000,000 it won't happen, so why do the same people invest $1000 into a scheme stock that you don’t even have a chance to win like lotto.
You have a better chance to win LOTTO then an OTC pump and dump stock because the pump and dump is not a random number, its a planned calculated way to STOP you from ever winning or making money.
It’s the same as you buying a lotto ticket with 6 numbers and one of the numbers you picked is 95 but the lotto only goes to 50. You would know for sure you will never win the big prize. That is what OTC pump and dumps do. They remove any chance of you winning.
Hope that helps with your question.
Antman and others, that answer (will they ever make the price rise back up) is NO because If the share price goes UP, 1000's will sell the shares and the more investors sell the less the company sells so they do not want to have you as competition. That is why the price always goes down not up and the float is diluted.
The only ones making money are the ones selling on the decline, the shorts and the company all at the retailer’s expense. Why you ask? Because for every one person who makes lots money, 1000's have to lose a little. As the price drops the shares increase to regulate the money coming in regardless of how low the shares drop to, they just have to add more to the float.
At $.10 per share, if they sell 200,000,000 shares before the dump, they make $20,000,000. At $.001 per share they sell 20 billion shares. The money they make is the same simply by selling more shares for less to retailers. You lose they win.
The less there are of the ones who actually make money means more money split between less people. Any belief the price will rise so you can make a profit means 1000's of others will attempt to do the same. When that happens only one or two will be able to sell some of what they own before the market makers kill the price below profitability, meaning you and the others retailers will never make money.
And remember the large volume are shares issued to the market makers from the companies debt dumpers that are sold to the MM's for far less then the price you see on the bid so there is no reason for the market makers to buy your shares when they can get an unlimited amount from the debt dumpers for much less.
And the market makers diluted these shares to make quick money so why do you think they would ever buy your shares back that they cannot resell on the asked.
It’s the cycle of these tickers and anyone buying into the declining price to cost average or maybe get in initially after the dump will never make back a profit. But I do think retailers just want to see they own 10,000,000 shares for $1000 for some odd reason it makes them feel alive or what if and if only.
Same as when buying a lotto ticker. HOWEVER! Have you ever bought $1000 in lotto tickets when the jackpot is only $10,000,000? Never! Maybe $5 more or less because in the back of your mind you know if you did buy $1000 to win $10,000,000 it won't happen, so why do the same people invest $1000 into a scheme stock that you don’t even have a chance to win like lotto.
You have a better chance to win LOTTO then an OTC pump and dump stock because the pump and dump is not a random number, its a planned calculated way to STOP you from ever winning or making money.
It’s the same as you buying a lotto ticket with 6 numbers and one of the numbers you picked is 95 but the lotto only goes to 50. You would know for sure you will never win the big prize. That is what OTC pump and dumps do. They remove any chance of you winning.
Hope that helps with your question.
Stemcell, it's just the market makers buying back from the company what they sold short for more and they pocket the difference.
The same issue time and time again. Here is what to do.
History proves "SHORT" these on the initial pump, and dump them when the dilution happens. I should have waited a little longer to buy them back at this low price but at least you never lose when you short these tickers.
You can turn $10,000 shorts into $9,000 net buying them all back for $1000. But you can never make back more then what you sold short. That's why it’s not a major score but it is still win win. The majority prefers to buy into these schemes high and then buy more on the decline to cost average as the float is increased to 10's of billions.
That is when we clean up buying back cheap what we sold to those who jumped in initially at the higher prices. If 10,000 play the high return cost average and 1 plays the short call, the shorts will always win. Especially when the company structure is the same as the previous crash and burn ticker. Follow the facts and evidence and you can never lose. The problem is making $9000 on a $1000 investment cannot compare to the masses who want to turn $1000 into $1,000,000.
What I think may have happened is the scheme runners let the market makers over sell the shares in this last round and the current price and huge volume is just the company allowing the market makers to cover naked shorts with new issued shares they buy cheaper. That is why you see so many shares trade at this low price. Its just market makers buying cheap what they also sold higher before the shares were available.
Others greed is my best friend. It’s a game. Play to win!
The OTC is like your nose. You can pick at it every day and just like your nose you end up with either a lot or very little with each pick and the outcome is the same, Worthless boogers.
However there is a way to change that and it will be a chapter in my soon to be released book.