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Starting January 21st I believe, Charles Schwab is getting on the band wagon as well. CE stocks are hardly trading any shares at all now across the board.
If the company doesn't want to lose the ticker, then they need to come up with the money to file.
I had a line of communication but now nothing. No return emails or phone calls. Total silence.
All we can do is sit and wait.
Been in a few like this. Not many but enough. Can't name tickers here but the best one was from .0125 to $42
One Larry Flint's son was in ran from .10 to like $52
Was in one last year, .06 to $1.75
But I see this one going to heights well above $50 if this is Steinberg's swan song.
331k shares o/s X's $150 pps is less than a $50m dollar company....
I'm holding and adding until first acquisition is announced...
It's all in the filings. Start with filings from 2016. Three day w/e, plenty of time to study up.
A company that has been trading for over 12 years and has never compromised their share structure and has stayed focus on the same industry deserves a closer look at
Shares are tightly held by insiders including the ones they own in the float
Positive s/h equity and no toxic debt are green flags
Paying for 17 filings to go current last month w/o using shares to pay for it indicate they have financial backing and resources besides 'diluting' shareholders. (I have the TA last updated s/s)
Shares issued to WDRP are not toxic, Elite was an investment for both parties
All in the filings
First, they are not a shell, it's noted on page one of there latest filing.
Second, look up the actual definition of dilution
Dilution is the issuance of new shares. The company has not done that.
The term dilution you're referring to is 'slang' referring to when toxic lenders sell shares issued for debt into the open market.... SIPC has NO toxic debt
Yes indeed. Many ppl I know were affected badly by COVID in 2020
That said it's one of my top reasons I like SIPC
They pulled through COVID with positive shareholder equity, did not change the s/s (no dilution), and paid big time bucks to get current again without issuing a single share to do it
Their previous plans that were put on hold are now back in full swing and on top of that looks like we're in the THC Infused Beverage market now as well
A company true to it's plan and true to it's shareholders...
The time is so close... show and tell PR countdown has begun
$$$ SIPC $$$
The number of o/s shares is 347m
Of the 347m, like 282m are floating (I have the number in an email)
What's that indicate?
It indicates that there are shares in the float owned by controlling officers simply because there are zero preferred shares issued or outstanding
If you takeoff the shares in the float needed to maintain control, that brings the max 'non controlling interest share' float down to roughly 222m.
Now if you look at the historic charts, you see they never unleashed a company dump on the market. Quite the opposite, they've been very disciplined on never taking out toxic debt or diluting s/h's over the years.
This all said tells me, imo, that insiders own a good amount of the float as well. In other words imo the public at most owns 70-90m shares
That would leave estimated 267m shares in the hands of insiders of which would give them the ability to issue up to estimated 130m shares for an acquisition or merger.
At .01 pps, that's $1.3m to negotiate with, not chump change
Nice week! Next week rock harder!!!
About 2 milly up for grabs on the ask to .015....
Have to slap OTCX, it's a bot, once those shares are gone so's the mm
Wow... ask unchanged to .015, nice
Don't forget, 3 day weekend
Gapping hard now, nothing showing up on the ask and bid sitters waiting to get lucky...
Saw that, big block went to new buyer, CDEL chasing a bit now but did bank well. Shares dried up now imo...
Trading strong. We got this round.
Waking up again, would like to see a penny break
Bids getting serious now...
So true...
Reminder that the company only has $25k in current liabilities
Also the $110k long term debt AND the ONLY convertible note, is insider held
Total debt is just $135k AND they reflect Positive shareholder equity!!!
Yes it did and ask is soooo thin
Very nice! Thnx!
Patience wins, nice fill!
Looking for another fill but seriously think shares are already dried up at this level
Thanks!
Hearing anything?
Bids starting to stack up
Happy Friday! What's everyone sipping this weekend? Please drink responsibly. $SIPC #craftbeer #hempbeer #alcoholfreeTHCbeverage #tequila #gin #vodka #whisky #sparklingwine pic.twitter.com/yrGNerkUVc
— Sipp Industries (@SippIndustries) January 15, 2021
L2 isn't showing the millions bidding between .009 and .01
Updates very close. DD is solid. Charts beautiful. S/s sweet. And ticker is super clean...
Pps does not deserve to be this low
True lol! The bid is twice as big as yesterday's total volume!
S/s updated today, unchanged...
Outstanding Shares
331,000
01/15/2021
Restricted
249,215
01/15/2021
Unrestricted
81,785
01/15/2021
Held at DTC
48,442
01/15/2021
5 million share bids in now
Looks like there's maybe 20-40k shares actually trading... think yesterday the flippers sold, now shares in long's hands...
Weird, I just swung for 10k shares at .0145 and they went through in ten 1k share blocks... squeeze coming?
Ready to move up past .015
GM $SIPC! Looking sweet this a.m.!!!
L2 Looking nice now. She's ready to rumble... good stuff coming here
Finally a decent bid but was actually hoping to fill some more .50's