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definitely agree, it seems pretty foolish for sizable holders to sell now. although there is likely to be somewhat of a post split sell off, at 1 for 10 split, anything under .0005 is still ahead of any future dilution.
Just hoping most of the 2s getting dumped are going into existing shareholder's hands so he can hit his registration exemption target of 500 holders or less, and that no one is shortsighted enough to dump into the 1s.
There is no evidence, to support that there was any knowledge of anything, It's all just hot air. And this time around, the R/S news was just a happy accident in attempt to stimulate a bigger sell-off with a "boast of knowledge" for street cred. I've been here more than a while, and I observe, I just don't post much. But ask yourself why would someone come back after a thanks for the "fun ride" GLTA final farewell?
Hypothetically if someone were going to flip in a concerted effort, early positive encouragement of COHO could theoritically limit the flipping competition by getting others to hold with false assurity of something big coming and lock'em out of profits if possible.
And as the flipping shares/interest dries up, if a final farewell thanks to the audience coupled with encouragement to sell under false pretense of exiting a "bad situation" of a stagnant stock(thus potentially creating an avanlache selloff); a reload could be bought back at rock bottom as holders sell off in discouragement;
This would accomplish a couple things. First to be ready for the next round of flipping, second, draws in fresh blood. With deep enough pockets, this illegal manipulation would be very effective in a non-dilutive stock with good volume, periodic news and board interest. Not saying it happened, just say'in IF
With R/S pending;to what end now then? Bear in mind, even after a R/S if it happens, if the PPS can be kept below .005 there will be no dilutive competition, and right now any shares purchased below .0005 will be cheaper than shares can be bought under the Reg A offering price post split. And if pre R/S share price can be kept in the low trips, post split share price can be easily driven back down here where one or two ticks is an outrageous profit margin.
If you want to learn basically how something like this might work go to trader53's 000 board and read up on pond fishing. And then read into it a little as you process this statement: this appears to have been a perpetuated pond fishing play. The bait shares have been exhausted, and the net was just cast for more cheap bait.
All JMO
I'm sure it equates to more like a couple thousand, but agreed, the short sighted stupidity here is actually quite impressive.
Depends on if you are buying or selling and which broker you use. Buying and Trading shares that were bought post split should be a yes across the board. Selling pre-split shares depends on your broker and when they issue you your post split shares, and that seems to vary from broker to broker.
seems to be pretty official at this point
the most recent report was in november, and can be seen on otcmarkets.com. Don't know the actual due date but he is timely. 3 months since last report posting date would be in the first full week of Feb.
I believe you meant to say AON(all or none), I hate partials as well, but it's sort of a double edge sword from an order of fill perspective.
Although a standard order has it's benefits from a trading perspective, I just frequently seem to end up being an MM pawn when the market is slow and although even a pawn trade should mean that I am next in line to get my order completed, it doesn't always get honored.
That said, The trouble I've found with the AON orders is that unless the market is of a constant high volume, or one is buying on a large ask, selling into a sizable bid, or it is a fairly small order to start with; buy or sell, sizable AON orders generally seem to get pushed to the very back in a tight market. And even when they get filled in a tight market; from a stop loss perspective, by the time they are filled it is usually too late to make a cut and run decision without significant loss or become a much longer than desired hold if the market was moving up and an avalanche hits.
JMO from my own trading experience.
BTW Happy New Year and thanks for being a regular poster on the board here. I don't post much but have consistently owned shares of COHO at various PPS for several years now.
yeah, sucked to be me yesterday, what a waste of a commission fee. And I didn't even get a single share from the other 100,000 @.0005 sold 15 minutes before close.
you mean desperate
I might beg to differ. Any action announced in a PR takes time to fulfill. Assuming that this isn't getting diluted nine ways to sunday, the stupidity on the ask probably has more effect on the PPS than lack of frequent news.
probably got tired of people talking crap about him.
yeah, without clay it's a big waste of time, huh?
Very welcome, if it wasnt for such a radical R/S announcement, jumping in now would seem to be a no brainer, even with the existing share structure. Will be watching to see how things all play out, post split. The Potential really seems there, especially if they can get it together and their technology(haven't looked for it yet so not sure if it is a game changer or not) equals a big enough boost in revenue to pay down debt to keep post split dilution to a minimum.
Several plausible explanations. Given it is the weekend, most likely would seem to be maybe it was down for maintenance or updates and someone forgot to put out the "orange cones". Both OTCmarkets and IHUB link took me there a few minutes ago. try it again, and see what you get
Although there is probably an element of accuracy there as a general statememt; I don't think it applies so much here. This CEO spent several years determining which global market would be the best fit for his company before settling on the US OTC exchange. And at that, he has flat out stated that he is looking for the stock to grow on the merits of company accomplishment and that he doesn't and won't manufacture news to artificially inflate the share price. So if one is expecting to buy in today, and have it run to 9 cents in three days, that individual will probably be duly disappointed.
That said, he is quite conscience of share price and actually believes that it is undervalued enough that when he filed for the reg. A offering, he valuated shares to be sold for business expansion at .0050/share and not the current share price of .0007/.0008. So there must be more behind the curtain or on the horizon than is currently visible. He is not diluting, so share price is really up to existing share holders. And only time will tell how much progress and shareprice increase shareholders will allow him to make as it unfolds. But if one has the patience to buy at this level and wait on some real, organic growth, they may be duly rewarded before it is over.
JMO
I haven't followed anything here including conversation. But as long as I happened through, saw this post, and also happen to be an autobody repair tech, that has a couple friends that both teach and use this method of removing dents, so I thought I would read the PR and weigh in.
"Paintless dent repair"(PDR), which is what these lights are all about, is not an "as seen on TV" or fantasy gimmick. Although the lights are just one part of the process, PDR itself has actually been around for a couple decades and is a very real niche market which has become a rapidly growing industry to the point that almost every used car lot in any sizable community and also many body shops hire these skilled labor services(it's actually more of an art along the skill lines of pin-striping the side of a car with paint) on a regular basis if they don't have an in-house guy with the skill.
Although it doesn't replace a traditional body shop for bigger body work, think about it this way for a minute. If you could repair a parking lot door ding that didn't damage the paint, wouldn't it be better than 3 days in a body shop if you could remove the ding in 15 minutes or less without having to match the color and re-paint the door, and still charge $50-$75 retail for a 10-15 minute job that requires no additional materials?
This is where Paintless dent repair comes in, and as my friend has been doing this for the better part of 20 years, I have watched it evolve with his "practice"(yeah, its actually a little like being a chiropractor on a fender, except more precise and less aggressive than cracking bones), and most relevantly with the lights this company is talking about. The dent itself is actually gently pushed out from inside the panel little by little with any number of specially shaped long handled pry bars with a small rounded tip. The access points are mostly naturally occurring holes or slots in the panel like sliding a thin plastic protective sheet and going in between the window trim and glass in the case of a dinged door, removing a head or tail light and going through the tail light cavity to hit a ding in a fender or quarter panel and in extreme cases of limited access drilling a small hole somewhere that isn't visible to the general public and sealing it back with a rubber plug that looks as if it came from the factory as such, once the repair is complete.
If you crouch down to a little above eye level and look down the side or across the hood of your BMW with the correct lighting conditions(like later in the day with the sun in front of you on the horizon) you will notice the dings are more defined and easier to see if the paint is shiny. Hence, the function of the light(which actually replaced something called a reflection board when PDR was in it's technological infancy), it is used as an indicator to highlight the indentation as a reflection so you can visually see in and around the dent as a difference in reflection to monitor your progress. Back in the day, when all this started, it was a single company that figured out how to make it happen and did it behind a curtain at car shows as a trade secret. Once it out grew the veil of secrecy it was probably mostly done outside with PDR artists trolling shopping center parking lots or showing up at car shows or beaches for business, because one could just look around and see potential customers, and although many were skeptical at first, 50 bucks cash and done in 15 minutes on the spot with no time in a body shop is a pretty small price to erase the regret of parking next to a beat up pickup truck a week before.
Now it is an organized industry and even insurance claims utilize it.
Although I don't really keep up with the industry latest and greatest, this following history timeline of the "lighting evolution" is probably somewhat close. The reflection boards worked and probably still have their place, because they are compact and portable, but they also require an external light source and be positioned and angled just right to be effective. At some point PDR was discovered as a cost effective alternative to a complete paint job or writing off used cars as a total loss because the expense of a bumper to bumper paint job on a hail thrashed vehicle exceeded the repair threshold on many used vehicles.
In this type of production environment the reflection boards proved very inefficient from a time perspective because they were small and had to constantly be re-adjusted, and as LED lighting in general is a relatively new technology and not available then, that is probably about the time that it was discovered fluorescent lights were superior to the reflection board from an ease of use and efficiency standpoint since they provided their own light. So some companies that made PDR tools, started designing and offering fluorescent lights to replace the reflection boards, and although much more effective, what was available to the industry also required AC power, and as you had mentioned staring into a fluorescent light can definitely have a fatiguing factor.
Now that LEDs are mainstream, more affordable, very durable and very portable, they have actually been around the industry for several years now but are the latest in the PDR lighting evolution. And just as being someone with a mind for logic innovation, I'm guessing there is still probably some room for improvement in fine tuning the design of LED light sources for paintless dent repair.
Just as a fun fact point of interest comparative.. my buddy is actually what they refer to in the industry as a hail chaser, and since there is actually a hail season in some parts of the country, there are also phone apps built around alerting PDR artists to hail damaged areas and they flock there like migrating birds. My buddy is actually very good with high quality finish that unless you have a trained eye, you'd be hard pressed to see the repaired spot, and he is fast at it. Although the industry is rapidly expanding and big paydays are diminishing due to higher supply of artist with the same work demand, a good hail storm can usually make him $25-$35 grand or more for a months worth of effort, including the planning and travel time to get there and back. So with his only overhead expense being travel, lodging and the time away from his family, it is usually worth the trip. And depending on severity, if the vehicles have been pre-stripped; meaning the hood, deck lid and headliner removed/dropped by on sight skeleton crews, on average he can restore a car a day based on probably 200-300 hail dings Using the LEDs as backlighting. Assuming you are a hobbyist, I'm guessing, if you are roughing, filling, filing, feathering and priming, you would still be hard pressed to complete a panel a day.
If you want to see the technique in action, just go to youtube, For training they use a little magnetic ball to locate the ding with the tool, but If your bmw still has shiny paint on the hood or deck lid and you want to see how one can locate a ding from the inside by blindly sticking a rod with a hooked end into a panel, try this... first, with the hood up enough to reach your hand with pair of pliers under it at arms length. take a fluorescent shoplight and position it so it is sort of on it's side but back a couple feet away from the car and just high enough to stare you straight in the eyes when you are looking across the hood at just above eye level. If you did this correctly you should see a very broad "light" reflection being cast across the hood, almost like a small "pool of light". Now move side to side and up and down just a little as scan your eyes across the hood and you will see the pool move with your movement. Notice the hail dings and if the lamp is positioned correctly you will see the how the ding distorts the light compared to the rest of the surface, Now with the hood insulation off and your head still at eye level, take the handle of the pliers at arms length and applying a moderate pressure that is not enough to deform the sheet metal but enough to flex it a little look at the approximate location and drag the plier handle one way or another. If you did this correctly, you will see a "temporary" "high" spot that moves with your hand. So an artist stick his prybar in enough to get it close and then give a little pressure like that to find the edge of the ding, and then go to town on the ding, and with each tiny movement across the damage he gives it a little extra tweak pressure, but just enough to distort it back to pre-ding condition, but not enough to turn it into a high spot and keeps doing this moving it around on the underside of the ding until it disappears.
hope this helps and my time was of value here, as far as how all this pdr LED lighingh will equate to share price, or if they follow through with R/S, well at this moment, I'd say it is anyone's guess
HOLDING SOLID HERE as well. And although I have two small partially filled sell orders @ .0010 and .0013(theoretically putting me first in the fill line), I will much prefer to push them way back to .0018 and .0024. And although I'm almost tapped out for the moment, reduce buy orders elsewhere and even buy a few hundred thousand shares on .0010 and .0013 instead of selling. That is, if everyone else parked on the ask here could get it together and do the same to thin out the ask so we can start getting this closer to it's fundamental valuation.
just saw PM you left the other day, sorry I dont have Paid sub. so can't use PM but thx for mssg. Your efforts and enthusiasm are and have been much appreciated in this market, but I completely get it(and although, I'm a lot in here, I would actually discourage anyone from going all in on anything). We all have to react to individual markets based on our personal situation. If I am not at work, I will try to catch up on more, on Fri. happy HR.(4:00-5:00pm free P.M. for us limited access subscripts).
In the meantime, although I was only to claim a million of it, as time and $ permit, doing my part to pull as much of the float off the table here as I can. Because unless this CEO is a actually a wolf at heart under all that wool(of which I don't believe he is, and have yet to discover any big red flags that would even suggest it); Based on his past accomplishments in a different market, and although slow in coming here, I would guess mainly in the name of solid organic growth without overextending resources, I believe there is more here than meets the eye long term. Especially if he can make good on his expressed consideration of paying off the third party convertible debt to tangiers before they convert, to get himself solidly back in the driver's seat of the SS and keep this as liquid as possible.
JMO, in the meantime, all the best over there.
Did you get filled early or late in the day? I don't recall for sure which day I placed my order or even where I was in the fill line as I believe I placed it when 7s were buried in the L2. I know it wasn't quite that long but it has to have been the better part of a week anyways. The aggravating part for me is not so much where I stand in the fill line, unless I place an order between a wider spread and at that moment, I am clearly the only bidder at a specific price before the bid grows around mine, but it is the blatent disregard for due process and getting passed over when I get a partial fill indicating that I am next, especially when I am used as a paint down pawn and get a partial fill for 9cents worth of shares and assessed a $10 trade commission at the very end of the day, and then watch multiple sizable block orders filled as I get passed over in significant volume early the next day, and sometimes even passed over completely if a stock bounces.
Let's see what shenanigans from the crypt next week brings, hopefully holders will stop knuckling under the pressure and this can start climbing out of it's hole.
Unless more follow, apart from WAZ selling half of his position off yesterday to buy into something else, the manipulation shares available seem to have dropped off fairly radically. Here's to hoping most of the float is now in stronger hands, and although I'm certainly not expecting fireworks in the next filing, I am looking for a greener pasture over time as the business plan execution progresses.
At these levels, seems to be one of the most verifiably solid companies on the OTC that is currently trading at these levels with a seasoned CEO that has expressed his genuine concern and commitment to keeping the share structure under control and intact, and has backed it up by his actions thus far.
JMO, holding most and trading a few to accumulate additional shares when opportunity presents, and waiting patiently as CEO continues to do his part. Here's to hoping he can succeed on his intent in getting Tangiers out of the picture expeditiously without additional dilution on that front so he can have absolute control of the share structure to issue any additional shares for real growth to the company instead of growth to a creditor's bank accounts.
have a great weekend
Yeah, I'm not seeing the fluff part in guaranteed free money for 3 years from a government agency for the cost of writing up a proposal either...So he sub contracts the actual shredding, and E-waste pickups with a different company that already owns trucks, providing the company with a 3 year guaranteed minimum revenue stream with no fleet maintenance expense until he determines the time is right for the company to buy it's own trucks. On top of which he procures a no cost, easy to move waste product inventory, especially in this day and age. All for just making phone arrangements while someone else does the actual work.
And as an added bonus, his foot is now firmly in the door and will make it that much easier to get meeting face time with management of that and other agencies to offer additional relevant services, as they all likely talk and compare notes on the golf course.
I'll take that fluff any day.
Yeah, only time will tell but not so sure about that. The last crash and catch barely scratched the .0005s on the A/S increase announcement so I may be wrong here but there may not be much up for grabs below .0007, since most of those .0006s have probably already been flipped into .0008s and .0009s. And especially since there is no current dilution, it's looking more like the typical friday selloff for beer money, fair sized holding sold to buy elsewhere, or naked shorts hoping to stimulate a bigger selloff for next week's flip.
CEO has been doing his part by working with what holders and traders have given him to work with. And at that, doing what he can that doesn't cost the company additional significant expenses as he patiently waits for the market to catch up so he can progress even more.
Signing a contract one week and announcing a legitimate 90 million dollar profit the following day, to send it through the roof would be an extremely rare occurrence, and really only happens(but without actually taking place) in scam stocks that are hyped to run short term for share selling purpose. Apart from the 190+ million shares issued with a lockdown, he hasn't issued shares since several months before the volume started. early in the spring.
By all indication this is a bona-fide company being captained by a seasoned CEO, but he can only progress at the rate allowed by holders and traders. I realize that as a trader, having one's money tied up poses an issue if it goes red. Personally, red or green I fully intend on holding a fair position long term and will accumulate when opportunity hits. As I believe, although it's looked dismal for quite some time, this is going to surprise a lot of people. Once enough strong hands finish soaking up the float to flush out flippers and taking it to a level that looks attractive to actual investors, thus allowing the CEO to really get it together at an accelerated rate.
Personally, I'm hoping that all this recent manipulation is more-so an orchestrated effort to accumulate and consolidate shaky shares into a few strong hands, than just shaking cash from a currently weak leafed tree.
JMO And laugh all you want,
sorry don't have PM. but yeah was filled at the very end of the .0007s bid clear. Just aggravated, that by rightful place in order line, shoulda gotten first fill priority and got bumped to the very end.
yeah, sons of b!tche$, they gave me just enough of a paint down sized partial fill to rob me of a commission fee late yesterday afternoon @.ooo7 so I should have been next in line and I didn't get a single share of that 10 mil.
I actually thought it was looking great between yesterday and today. With shares drying up at this level, it would seem there would have to be a higher base built for the manipulation flipping to continue.
JMO
that seems a little fatalistic under current circumstances. Although many are holding red or even brown bags due to what appears to be ongoing manipulation shenanigans for some time now. But with enough time and patience that bag is bound to change colors as stronger hands seem to be absorbing the float.
And on the plus side, shares available for such nonsense at this price point seem to be drying up based on yesterday and today's trading thus far. Currently there is well over 30 million on the bid @.0007, only 2.25 million on the ask @.0008 and fundamentally many positives on the horizon. Including a CEO that is consciously concerned about the share structure and shareholder value, but can only make progress on his end as business and market conditions permit(he is currently doing what he can but diligently waiting for the market to catch up to his valuation so he can raise capital without excessive dilution to the share structure.
FWIW, Everyone is holding a bag of something at some point, it's a fundamental premise of any equity market, because without bags of variety at any point there would be no market.
Some of those bags are bought as sh!t and stay sh!t, others are bought as sh!t and turn to gold in due time, while others are bought as a bag of gold with anticipation they will turn to a bigger bag of gold and in fact do in due time, while still others are bought as a bag of gold and turn to sh!t before turning back to gold, just stay gold or turn to sh!t and stay sh!t; especially in the OTC.
I would trade some of my bags here for your bags any day, thus far I have bags here at .0009,.0010, and .0011, and am far from writing them off as sh!t.
Matter of fact, I'm still bidding for more bags of sh!t here at sh!t prices if anyone still has sh!t to get rid of. As it is just an opinion based on available info, I have reasonable reason to believe that in due time this CEO has his Navi destination set for copper ave. and silver blvd. to start, not bag-o-sh!t street. And I believe it is with full intention of bringing long loyal shareholders along for the ride and not abandon them by the roadside.
So although, it may take quite some time, I'm intent on hanging on to most of my bags of sh!t, because I believe this story has just begun and this $H!T's turning to *GOLD* before the story is done
JMO FWIW
It would be nice, but not sure that they even have an exact time line. On the positive side, there is publicly available information issued by legit companies that demonstrate their involvement with these guys, and corroborate what we have been told thus far, which seems to demonstrate that, at minimum the business model is legit. Just hoping that there is ultimately enough strong handed interest to support the projected share structure inflation since they have honored the common shareholders request of not performing an R/S. Only time tells the tail for sure.
Well, a 20+ million bid has held for 2 trading days now, and the ask has been diminishing little by little with .0001 bid whacks. So although I would suspect that the rollover selling hasn't dried up 100%, it would appear as though more and more weary flip shares are now in stronger hands, of which seem to believe there may be more here than empty share selling rhetoric.
JMO and only time will tell for sure.
wow, you're closer than I am. I'm 40 minutes, just over the border in NY
how close are you?
yeah, what a concept, hey? They are making money from both ends. Any idea how many restaurant owners would love to monetize on the restroom and make a buck every time someone flushed the toilet instead of paying a water bill?
nice catch, I was a little preoccupied, saw contract and Torrence at a glance and wasn't really considering that they would be separate contracts, so just processed it as the same with added detail. Thanks. BTW, gave you a follow back
news update just released on globe newswire: reiteration of Fridays news, with more detail
link to globenewswire
I just saw it on the web site only time will tell for sure. I have been meaning to take a drive over there to take some pictures but never seem to find the time.
I didn't know there was one to start with but It was also just announced that the DTC has confirmed there is no longer a chill on TSNP securities
From a technical perspective, as no more than a benchmark comparative, so do 900 other OTC securities...
I think the most logical answer is organic growth over time. By all indication this is a real company with employees and a serious CEO. He has flat out stated that he doesn't believe in manufacturing news to inflate the share price, and will only release news when it is truly relevant.
He has also demonstrated and proven himself to be calculating and patient on several fronts, including putting off the last acquisition of an established and unrelated company with a real time pedigree(unlike the more typical P-n-D tactic of incorporate a name and acquire it from the CEO's mother-in-law for a gazillion shares that subsequently get dumped into the market just prior to a R/S) for almost a year to negotiate a much lower buy price because the due diligence exposed some red flags with recent loss of significant clientèle. And has also payed down some convertible debt as per a recent filing, which is somewhat unheard of in the OTC micro-cap arena.
He is most likely making a current fair market valuation based on the company fundamentals; taking the anticipated short term growth/expansion along with the share structure both current and diluted, into consideration to arrive at a share price of .0050. That, although appears inflated now, may very well become a bargain when they get issued. After all he does have a prolific history of public company success in the computer/software sector. And will probably patiently wait for the market to catch up to his valuation so he can maximize his capital per share to move forward with his plans.
At the moment the only organic way to accomplish this is to wait out the manipulating flippers, with the anticipation that as the shares roll over into higher priced shares, they end up in stronger hands that are looking for a bigger long term ROI over a short term flip eventually tying up most of the float.
That said, in spite of the frustration associated with it, the volume created by manipulating flippers and weak buyers is what will keep this liquid, and as the lower priced shares dry up, and unless the selling outpaces the buying, swing traders will have to buy and sell at a higher and higher price as the market corrects itself over time.
JMO
Supply and demand. Why buy .0002 when the ask is half a mile high? As for, who is selling 1s, so far it seems to be the flip half for free share crowd that got .0001s in the billion share dumporama that were banking on a fast score of free shares, if they were lucky enough to get some 1s before everyone else on a billion share bid; and currently parked on the half a mile pile of ask @ .0002.
Slowly but surely a small portion of the ask seems to be getting soaked up every time an impatient flipper clears the bid, and the new owner only re-lists half of their new shares @ .0002. JMO
What an amazing display of intuition and forsight!!! I love the way folks call something that already happened, and then come back and brag about it a week later as if they actually predicted something. I predict 15 million shares traded at .0008 12 hours before you predicted this would hit .0008. MARK THIS POST!!!
I don't know about any updates or catalyst, but I would say, unless you have extra cash that you don't mind tying up for potentially a very long time, into possibly indefinitely, Watching is probably a better choice than buying, at least for now given the number of shares on the ask @ .0001 and .0002. and nothing material from the company in the recent past.