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I hope they ink a deal with Saudi Aramco. This is the biggest oil company in the world. First 6 months they doubled profit to over 87 billion.
2 future nasdaq stocks for 1 undervalued otc stock, not a bad deal at all!
Maybe after all they will reach nasdaq minimum bid on own strength.
Momentum is building. A lot of buyers were active here since Wednesday. With all points mentioned in pr, this only can go up.
18 higlights, wow great developments. This can only go up with all news pending.
Or not
True if they did not have the Iliad note killing the stock
Great vid, explains the buying. Lot of things going on which could sparkle a run back up.
I agree, testing revs down was expected. The main problem is Iliad. They should have already found a solution for that. It look more and more they dont want to. Why?
If if if. And if so only big discount, no private invester will invest knowing 120M conversion is coming.
If so, they woud already have done that. Not sute but At one point we were close to a M left. Now 2.7 again. Never seen a bad loon like this. They are giving away free shares, only not to loyal shareholders.
That is real dissapointing. Almost close to amount they lent in the first place. And Iliad did convert a lot over the years. This is killing the stock, at current levels another 120M to convert. No way stock can take this volume at these levels, going in a spiral down, which means lower convertion prices and more M to convert.
What is Iliad balance?
Still conversion going on. Not good as Iliad is willing to sell for just a little profit. They got shares at .023 and willing to sell just above.
+21% now lol
In q2 last year they said a cause of drop was personel shortage due to covid. Thats only thing what could save them, a good plus in pre subscription business. And they have to get rid of Iliad.
Maybe they are done for now. They can only convert a % max to daily average to avoid penalty.
Question is if prescription revs can recover. Testing revs sqly were 1.1 M. That probably will be substancially lower.
That pause added 350K to the note. That is another 15M+ stocks to be converteren. Such a shame this company.
Anyone know if there is still Covid testing in USA? Here in Europe less testing is needed. If same in USA then part of RXMD revs of 21 will dissapear anf figures of 22 will most probably lower compared to ly. Lower revs is somthing what investors dont like.
They dont mind, they will get them with a discount and the lower the more shares they get. Means more profits.
If they want to sell they have to drop, not enough interest on these levels to buy with still 1.6M to convert
Then why make a agreement to have a standstill period. Let them convert and get rid of this massive block on their sholder. Now with extension another 350K extra needs to be converted.
Get rid of Iliad note. But as they had the chance and they didnt take it, we know they dont give shit about their shareholders. That alone is a red flag.
Even with the possible over selling penalties we look at another 40M dillution. And with dropping sp this number will go up and up. Subpennies are coming.
I did check it also, july 15 it is. So this drop could be expected. Especially if before they drive up the sp on low volume (rise from 0.024 to 0.033).
That Iliad note is killing them. All that stupid agreements does raise the oustanding balance of the note. Look at the numbers. At the end of 21 it was 1.3M , per May 13th 22 it was again over 1.6M. Iliad is laughing there balls off using RXMD as their cashcow.
Probably Iliad is selling again. Was it not somewhere ariund this date the non selling agreement with Iliad was over?
Did a google search in M-Moto. Nothing.
You would expect a company with 10M in sales would havd a website.
Almost 5M on ask penny. Who would have said that a year ago would be called names lol
Again shares keeps popping up in 0,012 area. If they would let it breath it would go much higher
Ask is really empty. If buying pickes up ,02 is around te corner
More eyes is always good.
True, thats why it was put back at 002 with fake block on ask. Nice day here though.
Almost only buying on the ask last 2 hours
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Run coming here, last chance to buy 0,002s
Going subpenny again?
Anyone know what that big sell was about? Looked like switch of hands. No way there was 8M+ on the ask
Lol can they do that once more!
Got order at 0,0586 and got filled 0,054 due to 8.3M sell order