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Epitome of cart before the horse here I think. I agree with some on the poor execution of this PR. I would have waited for financing first as that would have been a more chronological logically accepted I think and we would be in at least above .05 or .06 within days or even hours.
The "strategy" of this order may have already been posted, but I guess I'm not seeing it nor does the market.
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Skepticism rising and here's why:
First of all, I'm long and I've been long for months now. The DD has been phenomenal, but, in my opinion, I don't see how something that is supposed to be SO big cannot be leaked on the good ol' World wide Web?
Someone laughed at when I said "search on google and you will see nothing on DOLV"? Not sure what is so funny about that as do it once as I'm sure we all have. There is news EVERYWHERE about numerous up and coming other EV companies that have already signed on partnerships with either larger U.S. Companies or from China within such as BYD. They are producing I believe over 100,000 busses for a city there. I see company after company mentioned and how not ONE ounce of DOLV seen is a bit concerning.
If you search you will see what I mean. ZIPPO, ZERO, ZILCH. Why? To "protect" what they have? What? That doesn't even make sense. If I had something that was industry changing I would WANT anticipation to build and if we are indeed BUILDING cars already, it WOULD be on the internet guaranteed!
SECONDLY, The SHO list?? Ok, so supposedly by others (that do look like pumpers with constant mentioning things), the SHORT covering NEEDS to begin by TOMORROW. IF that was the case, do you really think it would have been down both yesterday AND today? Volume wasn't too bad yesterday and today looks to be in the average volume too which means people are selling. Look at barchart: https://www.barchart.com/stocks/quotes/DOLV/opinion
Looks terrible.
In regards to what I've said numerous times on the lawsuit I can clearly see I'm right as there is NO way the symbol is going to change until the LAWSUIT SETTLES! Period!
Saying that one of the questions FINRA needed to be answered was from a lawsuit 17 years ago and then it's said this one doesn't have any bearing on the symbol change? Yeah right.
Hope this thing goes to the moon and the timing seriously could not be better for this thing to materialize, but constantly setting dates only sets up disappointments and then people sell.
Only post of day so can't respond. Again, I'm LONG, but with this constant zero news and time it's taking for symbol change and no word whatsoever about DOLV or a symbol change and a dominant industry changing product, yeah, getting a bit skeptical.
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Up almost 20% on double volume isn't really "like it never happened", however, a bit odd how groundbreaking would come up PRIOR to financing?
Unless financing news after bell or tomorrow morning and then it will fly past .05 in my opinion and keep running for days.
Could be a strong close.
We shall see.
Good luck.
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"Not being built" LOL!! Oh, Glowee, where are you now??!!!!
I'm surprised this isn't going crazy? Still no financing, but wouldn't that almost be obvious if they just announced the ground breaking?
Maybe I'm missing something?
Bottom line, MMEX is building a refinery, haven't ya heard!!
Congrats Longs!!
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Looks more like a dip as way too many shares. This thing would have to have massive news with mega mega revenue concretely proven to get anywhere near even a dime with this many shares outstanding. I'm long, but nothing is happening until either what I just said or reduction in shares. I'm confident with this Tom guy however, so I think patience, real patience (not the 2-week stuff most penny-stock traders have) will pay off.
Good luck.
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No industrialist, YOUR a massive short and are going to be in major trouble come this week. Not even close to accurate. Super embarrassed for you.
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I have to say, this is getting painful to watch.
NO symbol change until lawsuit finished. I'm now completely convinced of that. I can more than wait, but no way no how will this have a chance of changing symbols with this lingering lawsuit.
Whether we are the plaintiff's or not.
And why MM's would still be shorting would mean either:
A) Godfather is right about this SHO list or
B) The MM's know something we don't because if ANY entity or group would be more savvy to anything whatsoever in terms of symbol change, forthcoming events or anything else, I would think it would be the MM's themselves?
That's what makes me a bit nervous about the continued short positions. Wouldn't make any sense unless above "A" point is true.
IF that's the case, WITH symbol change/news, it would be the mother load of Short coverings, but how many times do the MM's get that burnt?
Almost none.
Hope for the best scenario and wait at this point.
Good luck.
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"Crazy Week"??? For what? Losing money? NO clue why this thing is down after news like that, so must be dilution and not having any cash as of yet. This will be months before it get's to "pennies" IF it does at all. These pumpers calling multi-pennies by end of week is just comical.
Holding, but reluctantly.
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Doty-Scot eval? LOL! Seriously still on that? Grasping for straws now I see.
Tell ya what, you just keep waiting for the eval and once it passes into the dollars, give them a call. See what they eval it at then!
MMEX is building a refinery by the way if you haven't heard.
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The "shorting" theory here baffles me? I'm certainly no stock chart trading guru nor am I an expert on the whole MM thing, but WHY would ANY MM want to KEEP shorting a stock like this? That doesn't make sense if they already are heavily shorted. I would think they would lose tons of money if this does take off and it looks like what most are saying here is indeed true. Shares are scarce as NOBODY is selling including me.
DD here just TOO Strong! I heard one of the questions from FINRA was about a lawsuit from 15 years ago. This to me solidifies my theory that the symbol change will NOT happen until the CURRENT lawsuit is put to bed. Think about it, if they are asking about one from 15 years ago, don't you think they would want this one to be over and super squeaky clean old DOLV symbol before change? I do and I think I'm right.
One post for the day, so good luck longs and see you on top.
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This is the epitome of what's called a RUMOR! C'mon!! Nothing is real until official PR. Someone may be trying to spike up price as tomorrow is Thursday already and this week hasn't been too "crazy" at all other than price lower than where it started.
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Yes, Whoa Betsy! Hold down this juggernaut! JOKE! You're kidding me right? This stock is trading like a royal POS!
This one should have sold all of it at .0017! Next time for sure unless something of real substance comes out.
Last time I bitched it went up a lot, so hoping same here.
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Wow, phenomenal stability here on next leg up! PR and UP UP UP we go!!!! India deal bring us to?? With Current OS, maybe .02-.03 realistically?
Keeping current then new fins next 1-2 quarters along with more deals announced will really give this thing some juice to enter silver sometime next year.
IMO, this $1+ talk is at least 1-2 years out.
I'd hold for that long easily for that kind of return!
Good luck.
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Lol, yes "no company at all". This whole board is photoshopped and it's clearly a scam with a federal judge and finra both in on it. In fact, I think the otc, wall street, Trump and possibly even Hillary and Russia too. Hilarious. That has to br up there with one of the dumbest things EVER posted in the history of the internet.
Going up. Way up.
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Pretty strong here I must say. News and it's gone!!!
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What is a reverse merger? IMO below article:
In a reverse merger, investors of the private company acquire a majority of the shares of the public shell company, which is then merged with the purchasing entity. Investment banks and financial institutions typically use shell companies as vehicles to complete these deals. These relatively simple shell companies can be registered with the SEC on the front end (prior to the deal), making the registration process relatively straightforward and less expensive. To consummate the deal, the private company trades shares with the public shell in exchange for the shell's stock, transforming the acquirer into a public company.
Reverse mergers allow a private company to become public without raising capital, which considerably simplifies the process. While conventional IPOs can take months (even over a calendar year) to materialize, reverse mergers can take only a few weeks to complete (in some cases, in as little as 30 days). This saves management a lot of time and energy, ensuring that there is sufficient time devoted to running the company.
Undergoing the conventional IPO process does not guarantee that the company will ultimately finish the process. Managers can spend hundreds of hours planning for a traditional IPO, however, if market conditions become unfavorable to the proposed offering, all of those hours will have become a wasted effort. Pursuing a reverse merger minimizes this risk.
As mentioned earlier, the traditional IPO combines both the go-public and capital raising functions. As the reverse merger is solely a mechanism to convert a private company into a public entity, the process is less dependent on market conditions (because the company is not proposing to raise capital). Since a reverse merger functions solely as a conversion mechanism, market conditions have little bearing on the offering. Rather, the process is undertaken in order to attempt to realize the benefits of being a public entity. (Read more in The Murky Waters Of The IPO Market.)
Benefits as a Public Company
Private companies, generally with $100 million to several hundred million in revenue, are usually attracted to the prospect of being a publicly-traded company. The company's securities become traded on an exchange, and thus enjoy greater liquidity. The original investors gain the option of liquidating their investment, providing for convenient exit alternatives. The company has greater access to the capital markets, as management now has the option of issuing additional stock through secondary offerings. If stockholders possess warrants – where they have the right to purchase additional stock at a pre-determined price – the exercise of these options provides additional capital infusion into the company.
Public companies often trade at higher multiples than do private companies; significantly increased liquidity means that both the general public and investing institutions (and large operational companies) have access to the company's stock, which can drive up price. Management also has more strategic options to pursue growth, including mergers and acquisitions. As stewards of the acquiring company, they can use company stock as the currency with which to acquire target companies. Finally, because public shares are more liquid, management can use stock incentive plans in order to attract and retain employees. (To learn more, read For Companies, Staying Private A Matter Of Choice.)
Disadvantages of a Reverse Merger
Managers must conduct appropriate diligence regarding the profile of the investors of the public shell company. What are their motivations for the merger? Have they done their homework to make sure the shell is clean and not tainted? Are there pending liabilities (such as those stemming from litigation) or other "deal warts" hounding the public shell? If so, shareholders of the public shell may merely be looking for a new owner to take possession of these deal warts. Thus, appropriate due diligence should be conducted, and transparent disclosure should be expected (from both parties).
If the public shell's investors sell significant portions of their holdings right after the transaction, this can materially and negatively affect the stock price. To reduce or eliminate the risk that the stock will be dumped, important clauses can be incorporated into a merger agreement such as required holding periods. It is important to note that, as in all merger deals, the risk goes both ways. Investors of the public shell should also conduct reasonable diligence on the private company, including its management, investors, operations, financials and possible pending liabilities (i.e., litigation, environmental problems, safety hazards, labor issues). (For more, see Why Public Companies Go Private.)
After a private company executes a reverse merger, will its investors really obtain sufficient liquidity? Smaller companies may not be ready to be a public company, including lack of operational and financial scale. Thus, they may not attract analyst coverage from Wall Street; after the reverse merger is consummated, the original investors may find out that there is no demand for their shares. Reverse mergers do not replace sound fundamentals. For a company's shares to be attractive to prospective investors, the company itself should be attractive operationally and financially.
A potentially significant setback when a private company goes public is that managers are often inexperienced in the additional regulatory and compliance requirements of being a publicly-traded company. These burdens (and costs in terms of time and money) can prove significant, and the initial effort to comply with additional regulations can result in a stagnant and underperforming company if managers devote much more time to administrative concerns than to running the business. To alleviate this risk, managers of the private company can partner with investors of the public shell who have experience in being officers and directors of a public company. The CEO can additionally hire employees (and outside consultants) with relevant compliance experience. Managers should ensure that the company has the administrative infrastructure, resources, road map and cultural discipline to meet these new requirements after a reverse merger.
Conclusion
A reverse merger is an attractive strategic option for managers of private companies to gain public company status. It is a less time-consuming and less costly alternative than the conventional IPO. As a public company, management can enjoy greater flexibility in terms of financing alternatives, and the company's investors can also enjoy greater liquidity. Managers, however, should be cognizant of the additional compliance burdens faced by public companies, and ensure that sufficient time and energy continues to be devoted to running and growing the business. It is after all a strong company, with robust prospects, that will attract sufficient analyst coverage as well as prospective investor interest. Attracting these elements can increase the value of the stock and its liquidity for shareholders. (For more, read our related article A Guide To Spotting A Reverse Merger.)
Read more: Reverse Mergers: The Pros And Cons http://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp#ixzz4uk9CMz21
Follow us: Investopedia on Facebook
IMO:
Look back at several of my posts. I can almost guarantee you that this lawsuit pending is keeping the shell "dirty" and from what others have been saying, if this is as large as it could be with obvious interest in the EV market from China and other large auto corporations, they do NOT want to mess this up, so Gonzee, yes you are right that it CAN be a quick process to just change the symbol, HOWEVER, I really believe FINRA may not have seen such a large RM possibly in the history of OTC and RM's.
Let's just say I'm right and they are waiting to make sure the shell is squeaky clean. Once that is done and they merge all the assets into one for PUBLIC trading (as obviously you're going to want to make that stock look as financially attractive as possible), the share price with JUST that along with ANY and I mean ANY inkling of a China government contract and/or partnership with a large auto maker ---- MAJOR BOOMAGE AND MILLIONAIRES MADE WITHIN WEEKS TO MONTHS. EASY!!!!!
We will know when we know. That simple.
Good luck to all.
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Glow is looking pretty DIM right now. LOL!! Nice predictions.
Hey, MMEX is building a refinery and the stock is under two-cents.
Hop on or cry later.
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Wow, gambling $ you can't really afford to lose is big Azz risk. I've lost thousands myself. Not quite that much and nowhere near 15 million shares as I usually don't put all eggs in one basket. I like to spread out the losses. Definitely good luck to all of us as I'm hoping my shares can at least buy me house for cash.
I'm pretty confident with this Tom guy from the nice DD done on this board along with the very high demand need for this kind of product in the market today.
Good luck to us all and see you at the Top as usually, no risk, limited reward!
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COURT PROCEEDING UPDATE 3 Parties dismissed!
I guess I'm a bit concerned why DOLV attorney's would at least not respond as to WHY the defendant's could not be served. To me, if you want to get on the judge's good side, you at least follow the procedures?
How many shares did they own? Who knows. Will it impact FINRA, according to some and RO, NO it will not? Maybe 54 million shares they don't think is a big deal?
Tuesday, October 03, 2017
order Order Dismissing Parties Tue 2:22 PM
Order Dismissing Parties: The claims against defendants Hillel Isseroff, Dermot Finnan, and Stephen Hamilton are dismissed. Federal Rule of Civil Procedure 4(m) requires plaintiff to serve domestic defendants within 90 days of filing the complaint. That deadline passed on July 27, 2017. In addition, plaintiff failed to respond to the court's September 26, 2017 order to show cause why these claims should not be dismissed. The claims against these three defendants are therefore dismissed without prejudice. Party Hillel Isseroff, Dermot Finnan and Stephen Hamilton terminated. Ordered by Judge Allyne R. Ross on 10/3/2017. (Clark, Sarah)
notice Notice(Other) Tue 2:23 PM
NOTICE: Multiple defendants have submitted requests to bring motions to dismiss (10 ,29 ). Plaintiff is ordered to file a responsive letter of no more than seven pages addressing the legal and factual bases of the anticipated motions by October 16, 2017. Plaintiff should also treat5 as a request to file a motion to dismiss and should respond to the legal and factual bases of that potential motion in the same letter. (Clark, Sarah)
In the meantime, volume is heavy today and looks like more accumulating at HIGHER prices. Yeah, what a "scam". LOL!
Super embarrassed for some of these short attacks bringing up old stuff that has been squashed many times. It's to try and scare the newbies I'm sure. It's same ol' story for us longs. Holding even stronger! Especially when good ol' Gonzi starts posting. Goes up every time. Guess we should be thanking her.
Good luck!
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India deal? I heard it HAS to be released within 3 days as a material even or something? I would think that would pretty much wash out any negative fins coming out as the revenue and numbers would be a WHOLE different story once that revenue hits the books. ZERO need to dilute anything more I would think and then buyback announcement would catapult this into the nickel/dime range IMO?
C'mon baby!!
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TESLA?? Look at these links!!!
https://electrek.co/2017/06/22/tesla-gigafactory-china/
http://www.thedrive.com/tech/12031/chinese-battery-production-could-leave-tesla-in-the-dust
https://www.greentechmedia.com/articles/read/10-battery-gigafactories-are-now-in-progress-and-musk-may-add-4-more#gs.yw9Tfso
Not All new and may have already been posted prior But LOOK at how this industry is going MEGA NUTS!!! I am very confident with the technology DOLV supposedly has, I'm almost certain they will partner with at least ONE or MORE of these companies to have their battery used and the best chance would probably be TESLA. IMO of course, but why would they not want to have the best and they are UNABLE to manufacture in China unless they PARTNER with a company FROM China!! DOLV has huge government connections!! This is HUUUUUUUUUUUUUUUUUUUUUUUUUUUUGGGGGGE as Trump would say!
This is it boys and girls! I can FEEL it!!!!!!!!!!!!!
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TESLA?? Look at these links!!!
https://electrek.co/2017/06/22/tesla-gigafactory-china/
http://www.thedrive.com/tech/12031/chinese-battery-production-could-leave-tesla-in-the-dust
https://www.greentechmedia.com/articles/read/10-battery-gigafactories-are-now-in-progress-and-musk-may-add-4-more#gs.yw9Tfso
Not All new and may have already been posted prior But LOOK at how this industry is going MEGA NUTS!!! I am very confident with the technology DOLV supposedly has, I'm almost certain they will partner with at least ONE or MORE of these companies to have their battery used and the best chance would probably be TESLA. IMO of course, but why would they not want to have the best and they are UNABLE to manufacture in China unless they PARTNER with a company FROM China!! DOLV has huge government connections!! This is HUUUUUUUUUUUUUUUUUUUUUUUUUUUUGGGGGGE as Trump would say!
This is it boys and girls! I can FEEL it!!!!!!!!!!!!!
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I heard being current could possible even bring the price down as numbers may not be so stellar. This being the case, once and IF get's current, the Bomb PR would need to drop almost immediately IMO to possibly halt falling into the 4's again?
Any thoughts on this along with the massive OS count?
These things plain and simply need to be put in consideration way before calling Dollars which is insane when barely at half cent.
Good luck!
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Other Chinese Billionaire eyes LAS VEGAS article:
Anyone heard of Faraday? North Las Vegas. My adrenaline started to pump when I read "Chinese Billionaire", but then I saw the name and it dropped a little.
Maybe this guy will stir up the competition and Wang will supersede with the technology we supposedly have. Bottom line is this is the TIME and PLACE to be for at least the next 15-20 years. The EV market is going to be MASSIVE!!!!
http://www.lasvegasnow.com/news/i-team-chinese-electric-car-company-eyes-north-las-vegas/261638310
Good Luck.
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Glad DOLV doing well today but have hard time not thinking of those in Vegas. Man, what a flipping catastrophe as that city for the most part is the epitome of having a good time.
Hearts out to all their families as worrying about stock movement today I'm putting on afterburner.
Good luck.
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So I heard this settlement news is expected sometime next week? On 10/4 or something? Or hopefully a dismissal of the defendant defense and multi-million awarded to ABHI. I would think with this new partnership, Voosh, Kasei (name?) AND this settlement prospect, it would be a real BAD time to sell right now.
Weekend profit taking I get, but man, exert some patience here. I've been frustrated but know this is NOT a good time to sell.
Good luck and enjoy your beer money this weekend, but if everything aligns and they hook up with BVT K as well with what looks to be very large contracts in the future, any beer money would be replaced with high end whiskey or maybe even some Louis the XIII?
NICE.
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NICE article here. With research grants and subsidies being eliminated by China Government, a billionaire with ample funds looks even MORE promising to promote DOLV's product, hence this article below really gets me electrified up!
Primarily the bolded excerpt below.
https://www.usatoday.com/story/money/cars/2017/09/29/china-sets-target-electric-car-quota-but-delays-rollout/715712001/
Industry leaders including General Motors Co., Volkswagen AG and Nissan Motor Co. have announced they are launching or looking at joint ventures with Chinese partners to develop and manufacture electric vehicles.
It's coming!!!!!!!!!!!
Have good weekend per my ONE post for this board.
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Ok, so every time I bitch about this stock is fly's the next Day! I'll keep it for when it goes down again, IF it goes down. Hopefully not.
Great way to end week.
Good luck.
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Few things to chew on here:
1) Someone may want to investigate a little bit on this last little 8/4/17 CA biz just "opened" as to me, a little coincidental that snuggy was the one to initially post that? I'm certain Flny will explain himself but certainly doesn't have to.
2) Saw this yesterday on Tesla. If they are changing navigation system, why not batteries or at least the ones they produce in China? DOLV has best technology apparently and is years ahead of competition.
https://www.yahoo.com/finance/news/tesla-switches-nvidia-intel-infotainment-235200146.html
3) Lawsuit posting responses I received the other day make sense. It was only 3 defendants. Who knows how many shares they own and they may not have been able to track down but attempted, so my assumption that plaintiff was "slacking" wasn't warranted. They have until tomorrow to give courts proof of why not served yet.
4) Why did I not sell some of my positions in other stock and buy more DOLV at .0275???
Good luck to all
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Yeah, this Kevin thing is BS! Completely hurting this POS and that "phone call" sounds ridiculous. Basically just a dreamer talking about a bunch of 'what if's' to someone who doesn't even understand it. Unreal. Complete POS!
E-mails, Twitter, Facebook. social media mean NOTHING until something official is put out. Amazing how many people rely on shyt like that. Sad actually.
This will hopefully move back into the 2's soon.
Market doesn't seem to think Kevin's so great? I loaded more yesterday so hope this thing flies. In BVT kay as well which seems a little more promising.
Good luck
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NEW COURT UPDATE: PLAINTIFF SLACKING?
Tuesday, September 26, 2017
order Order to Show Cause Tue 12:42 PM
ORDER TO SHOW CAUSE: Plaintiff is ordered to show cause why its claims against domestic defendants Hillel Isseroff, Dermot Finnan, and Stephen Hamilton should not be dismissed. Federal Rule of Civil Procedure 4(m) requires plaintiff to serve domestic defendants within 90 days of filing the complaint. Over 60 days have passed since that deadline. On or before September 29, 2017, plaintiff is ordered to either file proof of service for these defendants or show good cause for its failure. Ordered by Judge Allyne R. Ross on 9/26/2017. (Clark, Sarah)
I know the 54 million shares is probably not a 'make or break' deal here, but if they are serious, what's the deal here?
I guess I would want this put to rest prior to moving on so why the defendant's are not getting properly served is on the attorney and there was some stuff brought up on this attorney from the bashers!
They have til Friday to get it together.
While you're "working" with the SEC, please study up on the term "libel". SHUTUP!!!!!!!!!!!!!!!
CommonCents - Now that IS common Sense and Spot ass on! Trading this? You pretty much can't. Nobody is selling as they are just waiting for the inevitable just as was said.
See the rest of you longs at the top.
Good luck
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lol! IMO you're a super MEGA IDIOT!!!!!!!!!!!
The possible "link" with BV tee K looks very obvious now at this point. Major news is just on the horizon for both of them which may be monumental in OTC history. Being part of it would be phenomenal.
Good luck!
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Blow past 2's? Not going to happen without news. C'mon. This will be lucky to get to .0018 today. Profit taking before weekend, no news and up over 120% yesterday. Did I mention we're on the OTC too? I'm long, but quit pumping for ONCE!!!!!!!!!!!
Well Hell!! Congrats then! Hopefully keeps going up! ABHI!!!
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Funny how everyone claims to have bought millions of shares "this morning" or at "low of day". Bunch of dreaming pretenders on these boards. lol, like anyone with 1/2 a brain would drop $11k on a penny stock trading on the OTC. Hilarious!