Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
8k out, Merger complete. And notice who signed off as CEO
http://www.sec.gov/Archives/edgar/data/78311/000109181814000273/swrf110720148k.htm
Me thinks CDEL shorted and now wants to cover with 50k shares at .50
It if nothing else shows that things are still being actively worked
And getting 3 years of audited financials for GLGT shell and the potential multiple entities is no small feat.
Why support at 50SMA at .0007 is holding very strongly after a swift move from .0001.
Has traded perfectly thus far and is churning right now at support as those take profits from the 1's-3's
In fact hasn't even touched .0007 today as the .0008's have been gobbled up
Agreed, but looking over the 14 day range it can show good trend and it holding nicely on low volume.
Accumulation on the 15min chart is through the roof as it is on the 60min, daily and weekly
But 15min chart looking like gold.
Accumulation - 2.7k
MFI - 55
RSI - 54
50SMA - .0009
CSTI still looking short or wanting to short with the 1M at .003
SoS will show Authorized number (A/S) not the outstanding share count which is ever changing
That would be good as well as positive outcomes to all the items i mentioned. It can go either way, but with the "dire straights" mentality that has been here due to the rapid decline and breaking the .01 barrier it will take a lot of investor reassurance to sway the tide in quick order.
There could be a few scenarios where they are "bad" from investors stand point
1. What will the increase share count be
2. Did they in fact pay 200k for promo's
3. What is current debt situation looking like relative to #1
4. lower increase in rev's than anticipated with decreasing operating margin
Not saying what or if any of the above will be negative, but these are the things people will look for to determine what has happened recently.
Oh yeah! finally proven wrong that no Reverse split is happening but try to back peddle and spin any way imaginable to make it seem that it is still happening.
The A/S is 5B as stated in the link provided. Also the action per the SoS filed on 11/4 was:
11/4/2014 Amendment - Business Corporation (Domestic)
Not a share change which would show up as follows
06/06/2011 Business Corporation (Domestic) Change of Shares
That amendment most most likely a change in officers/directors and any other number of business items associated with the merger.
1. Merger wasn't happening - Check, it obviously is
2. Reverse split - Check, it obviously isn't
3. Ortiz!!!! Scam!!! Scam!!! Scam!!! - That will be the next item that you will be wrong about.
What will the next claim proven wrong
That was just me guys, had some money sitting on the sidelines and was itching to use it so grabbed another 1M today
Gona ride 5.5M or so into the ground or to the moon
Got to love to 10k share sell after 1.6M purchases, games games games
Guess our gal pal has taken the Friday off, every week that this does not have a sell off the better off we are.
Since it is so quiet in here, I'll say it. Only $700 traded today
Big blocks being bought on the ask and the bid is just getting larger. After 8M just purchased last couple minutes, bid is up to almost 22M
Agreed, but positive TA with positive fundys is best of both worlds and can lead to massive runs.
Momo, plus charts, plus merger news = $$$$$$$$$
Trading wonderfully, the 50SMA on the 15min is acting as support now at .0008 trending up.
RSI in 50's, accumulation continuing to rise, MFI back on uptrend. We will most likely see less and less volume as the accumulation line increases as the float becomes locked.
Let the chart churn and reset while we wait for official news. the fact that this has held new support lines is very bullish overall
But it doesn't list any changes to share structure since 2004, how can a change be made without filing an amendment
If you look the filing on 11/4 had nothing to do with share structure and in fact no share structure changes have been filed with SoS since 2004
So when did the magic filing occur if it is not reflected in the filings at the bottom of the page
You do not need an 8k for a reverse split and there was nothing in the filing about a reverse split
Once again have you read the amendment from the filing on 11/4? If so please post a copy so we can all see it
Have you received the full amendment filing from the SoS? If not how do you know what the full truth is????
you do not, so unless you pay for filing and show that it says R/S, then we go by the filings with the SEC that state otherwise
Did you read the filing? they are converting their own shares for SWRF shares there is no split.
Pay for the filing and read it and see what it says, seems it will cost you $20 to get the real answer
Thank you for showing that you are wrong, The 10M relates to the merged sub not the public company SWRF which has 5B O/S of which 1.7B are outstanding
the 10M relates to shares of new entity that have now been registered but by no means has anything to do with reverse split
No it would not, if you want to prove it pay for the filing a post for all to see
that was the registering of the shares in the merger and are preferred to my knowledge.
Call the TA and ask if that is the case as they would have been informed of the split of already filed with SoS
with CSTI leading the buying with large bid that is a good guess
But we should blindly trust you? why is that?
I am fairly certain all default provisions were removed from the agreement. there is no risk of default
457k at .0025 and 647k at .003 with 363k on the bid at .0023
some retail holders getting itchy, probably from .ooo1's and .0002's
IF .0007 holds as the low, chart is looking primed regardless of the news that comes out. higher highe, higher lows with .0006 as strong support.
convert .0007 into support and work way north.
What they are referring to is that an amendment was filed on 11/4 and the number of shares shown for the company is 10M. If you want to see the entire filing you would have to order a copy to see what it was.
I am not sure what the shares were listed prior to 11/4 so i cannot vouch for whether that number changed but it is a valid assumption that a R/S may be imminent
Has anyone talked to the transfer agent?
Let it churn and breathe here at .0007/,0008 for a while. RSI getting hot
Was that you as well? Some nice slaps today
Seeing the amount of buying on the ask on a Friday afternoon on the last day of the month is encouraging.
Might only be 3,500 but it still closed up 33%, someone wanted to buy shares on a dark reporting shell before a weekend, def not the norm for a stock people say is going no where
One advantage is that they offer lifetime warranty on their products and their e-juice is USA made, kosher and organic with child proof packaging.
they currently comply with all proposed FDA regulation
Agrees and I dont understand how anyone can yell scam. They are making money, tangible products that I have used, retail locations with pictures to prove so not sure how it would qualify unlike almost all the rest of OTC that has zero revs and products.
One can argue about management but scam is yelling fire in crowded theatre
Greg, better be careful you are making to much sense for these parts. A rational thought process is not appreciated by many around here.
Very good posts my friend, wish we had more contributions in this vain.
People got warped on the rise last spring, this company will be fine long term. they have been public for less than a year and are making $1M per quarter with 500M O/S and 1B A/S
As long as they keep pressing forward all will be well, you must ride the OTC waves as most are traders and do not care about what will happen a week from now let alone 6 months, 1 year ect.
Q3 is important as you want to see progress, you would like to see increase in sales and a cleaning of the balance sheet. this is a lotto play that will either fold or will make people a ton of money as it can position itself to be a prime buyout target.
With a rapidly growing company that have accomplished quite a bit in the last 10 months and if they accomplish just as much in the next 10 this will all be a distant memory