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This is by far better news than anyone could have expected, now it does not give the nitty gritty but opens Sooum to a world of opportunity and validates the company as a legit player in the space
Guess it must be a scam since they are getting federal contracts and all, lol. only the beginning
He made bank, don't know how much, but i made a killing myself and i'm a very very small fry.
I also must reluctantly agree with Vaporman and porky, i guess pigs do fly
Vaporman was here since last year at this time during the initial run. He has been pretty spot on since that time frame and was positive to start with during those crazy times
For big timers 7M at .0002 is nothing, mesely $1,400
I'm small fry and i hold more than that, someone who loaded at 1's could have spent 10k and gotten 100M shares
Looks like a cover to me 2M bought .0033 2M sold at .003 back to back transactions, purely MM action
No one wanted to fill my last 50k at .0028
BKRT is on the ask at .0034, if retail were smart they would stop undercutting him
Or those trying to entice a sell off, throw some shares into the bid in the hopes to cause some panic
Yea, if they file on time it would be 90 days from 12/31 but could always file 15 day extension.
Nothing prevents from filing early but with them being new, new auditor and all that is going on i would not think they would file early
90 day daily chart shows 1.2B in accumulation, so would not consider today serious dumping
Plus, who says news soon, may not see anything till 10k filing
It is not insider buying, shares were granted to satisfy outstanding liability, the good news is shares were granted at value of .005
BKRT backing off today, see if they bring it back down, but with buying pressure lets see higher highs and lows and stair step our way up to .01
17m on the bid at .0017
Looks like someone taking the 911 news bait as that is quite the bid, havent seen anything like that for weeks
Hopefully, management is strategically timing the PR's in order to sustain the price in the current channel. As you do not want the spiral to get too out of control as recovery can be that much more difficult.
If we can maintain the .002's this will springboard to .007 fast and naturally. Management seems smart and investor friendly so time will tell.
VFIN and BKRT are battling on the ask currently, see how the rest of the day plays out
So pretty sure VFIN just bought in total about 70M shares
VFIN is very very hungry and sitting at .01 on the ask
VFIN just gobbled 16M shares
Always nice change of pace to see VFIN on the bid
Diluters still no where in site today, and a lot of buying going on.
I do not think anyone has argued that once dilution slows down that this stock will bounce hard, just a matter of when/if that will happen long enough to sustain a run.
i give management credit for this deal, very creative and shareholder friendly.
This gives confidence to investors that the current management is doing what it can to create value for the company while avoiding unnecessary convertible debt.
Kudos, and look forward to the complete turnaround and am willing to wait for .05 come summertime
When/where did he say that?
Need to keep pressure on BKRT to back him off, or he will dump, then there are the scalp players who will cash in for their 20%
Nice news but dont see it being enough to break the channel .002-.003
They are being communicative and updating shareholders which is good and are explaining the uses of cash.
Plus interest free, non dilutive financing always a good thing
The float is still not 34M as this volume is caused by dilution
Question is where does it bottom or when do the converts stop
Once conversions stop this will bounce hard, the positive is that the O/S is currently very low and even with heavy dilution this is a micro O/S for the current share price.
Most OTC companies have billions of shares, this will few hundred mil max
A lot of shares have been accumulated over the past couple months, with the right amount of momo, volume and news this could see some serious gains in a hurry.
If the company can prove that they are:
1) Making money
2) Keeping current shareholders best interest in mind
3) Dealing with prior shell mess in somewhat satisfactory manner
then this can easily hit pennies within weeks
Lol, dilution. 1.3B shares accumulated over past 90 days with no dilutors in sight, but sure tons of dilution
VFIN getting aggressive? dumping below the bid, wtf
I would not expect those pictures to cause a PPS explosion, I looked at it as more of a bone for the "loyal" shareholders to hold on for a bit longer while things are tidied up.
They all saw the tweets and emails saying that things were a scam, where s the contracts, so they showed proof to appease those who doubt what is going on.
This satisfies the little doubt that existed and makes me much more comfortable loading more and waiting for the official news
I am positive overall, and volume has dried up so hoping converts are mostly thinning out
We will know a lot more in March when the report is due
They increased the A/S by 300M, use the below link and search Brazil Minerals, this was increased due to conversions
https://www.nvsilverflume.gov/businessSearch
That would be 100% of the debt in a quick calculation using current price, most agreements have deep discount on current share price with the large loan being 60% discount.
they did just raise the A/S from 300M to 600M to cover the conversions.
Not saying will not go there at some point, questions is what will the low be as how long can support last vs. how much is there left to dump.
Based on back of envelope math, could be upwards of 300M shares to dilute
will wait till they let off a moment and let it rebound before i would sell
VFIN chomping away today, might need to sell and come back later as it seems there is no end it sight
VFIN heavy dumping today
do you want them to release news every time they fulfill and order?