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on 60M chart Accumulation up substantially today with MFI and RSI holding right in the sweet spot,
NITE boxing out the bid/ask with a wide wide spread, they are also hiding the ask as I just hit it for 45k to test and they are still showing same 45k
I think they want to entice selling and have someone undercut them at .002 to sell into them at .0014 as I bet the bid is not fully showing either.
Regardless def games going on on L2
it is a T-Trade, was traded during the day and not settled until after hours. Happens all the time but it is not after hours trading
There are no after hours trading on the OTC
If you do not rush them, could take up to 5-7 days if i remember correctly
If it is all public how is it s cover up?
I think the point was, I can see why it is taking some time as there might be mulitple entities involved because look at the companies Matt is affiliated with
Cover-up with a document filed with the SEC, its all clearly spelled out in the document. I guess you are going with the adage, hide in plain sight
NITE loading and hidden bid, current bid 755k at .0016 and ATDF retail is getting antsy moving up with 1M at .0015
Hiding bids as well, 500k just sold at .0016 and the 750k bid is unchanged
What more clarification on the loans do you want then the 8k and loan agreement that was filed yesterday.
Today's news was great and shows that they are on the path to continued growth. If they get hooked up with national distrubutors and store brokers this will be money next year.
This is a follow up to their event held in Las Vegas and shows the progress that was made.
Everyone wants them to hand hold the shareholders and give updates every 5 minutes about what is going on. They obviously are doing a lot and have much on their plate. Let them execute and provide the info when there is concrete news to share.
Massive 40% spread on the bid/ask with bid support starting to increase at .0016
and up 60%, how can that be possible with all the selling???
With the way this moves and the float locked, could easily see .10 on momo when news hits
got my orders set, would love to gross over 400k :)
Well look at that a measly 150 bucks traded and the price goes up 70%, what does that tell you about the float
crazy 1k shares and the price goes up 70%, just how thin is this thing. My Gawd
They only paid of 75k of the loan whule taking on an additional 35k, my initial post was incorrect
however, they did extend the conversion out 180 days and made it on more favorable terms. All in all is was good news and we get 6 months to get things cleaned up
Because that is how the stock market works, when you are first to the party you must wait for the other guests to arrive.
It doesn't mean that there won't be a party because we all showed up a couple hours early, just means we wait until the others arrive.
and when they do it will be a rocking
Once again, all about risk/reward. Given the current info, people are willing to risk x amount to gain x amount, when more info comes to light the amount willing to risk increases driving the price up.
then there are the big time players that need concrete news before jumping in.
They did this to change the conversion clause, to eliminate the default provision and extend the conversion date till April (180 days from today)
So it was a good faith payment in order to refinance in essence
Also positive that they cannot convert until 180 days from today
That is correct, paid $75k, but at least there are better terms overall for conversions, default, and such
Paid $480k which is the first tranche that was due. Left with $755k outstanding.
Also nice to see the default provision removed, and refinanced at slighlt better terms. this note will not be an issue as it will be all paid off in due time.
And no dilution or share selling, so what would be the point? Now it could all fall through as nothing is a given. But my guess is we are seeing correction filings as they are getting feedback from FINRA.
There is quite the back and forth at times with FINRA to get items resolved , which can be quite insignificant but they can be ruthless at times. I know from experience.
But they have been working at it and keep making filing with the state, so what is Victor's endgoal?
Who would be able to provide that info? FINRA won't, why would insiders of the company?
I was part of another R/M play that was stuck at .002 for months. People we saying the same thing, if the prospects are so good why is no one buying, well an 8k was filed as well as subsequent PR's and it turned into a 100x
Not saying the same will happen here but the fact that the PPS is not increasing does not mean anything.
Big whales will not buy in until their is concrete news, this is why little fish can win big in reverse merger plays if you are willing to accept the risk.
Big risk=big reward
once again, the PPS is spiking 60% on 500k in shares and no one is selling any of the 400M that has been accumulated. Once the news hits this will move fast and furious as there are zero shares in the tradable float.
That has nothing to do with current GLGT shell, the name change has happened and Victor and David are attached to the shell. Has it ever gone this far before that the company is no longer GLGT with the State of Nevada?
Things take time and the fact that there is no news from the company is a positive sign that they are not trying to scam anyone. FINRA is under no time table but their own.
thank you for providing the visual on what i just explained, never did figure out how to get pictures in posts.
Low volume on the decline, massive volume on the rise. All you really need to know. No large blocks for sale and no massive selling pressure with 400M in the float, shares are being held hard.
As evidenced by the large spread we are seeing recently, 500k shares spikes the price 60%
Then why is accumulation up? And what is the volume on the downwards action compared to the upwards rise.
the pps decline has been done on extremely low volume, the spike was on 400M in volume, so no people are not selling, this as you said is pocket change being thrown around.
Where are the owners of the 400m shares that have been accumulated? How come they are not selling?
Why are people not selling? there has been massive accumulation and only a pittance is sold each day. why is that? If things were so dire wouldn;t someone have slapped the 1M bid at .0012?
What business decisions are you referring? As far as waiting and company PR', I am much more comfortable by the lack of news that if we were getting PR blitz's, shows that this is not a share selling scheme.
Most OTC stocks and RM's, go as this. Shell bought, company gets tons of shares, PR's merger and then goes on share selling spree until the shell is diluted to the ground.
This shell has been bought and 53.5% of the O/S locked up by insiders and there have been zero signed of dilution. To me this means that the company and its owners have genuine interest in creating a new entity for legitimate business purposes and not to create a share selling entity
Just don't understand what the point of posting this info is, I had eggs for breakfast this morning but didn't think it was relevant just as you deciding to sell isn't.
Now if you provided detailed explanation as to why you are selling that would be a different story, but all your are saying is that you are impatient so pardon me if I do not believe you or your intentions.
I see 340k on the ask, and i do believe that is you, but where is the other 600k?
Come on etrade, use that $1,200 to slap the 500k at .0023.
Either that or it is the dumbest retail trader ever. However, if that is one block that is close to owning a substantial portion of the O/S to the point that a disclosure would be required
it obvoisly has done nothing and will do nothing as the float is truely locked and people are not selling until news comes out one way or another
Still, this action after seeing the corrections shown yesterday clearly shows that something is going on
Things getting aggressinve here
Lol, so why are Hemp, MNJA, FITX and more trading higher than VPOR with 2,3,4,10x the O/S and A/S
ETRF is etrade they are not trying to do anything but fill retail orders
So you are saying the volume would increase because those drafting the letters and reviewing and filing would see the good news and buy? That would be insider trading my friend
Some were saying that nothing was going on, well the filings yesterday show that this is still being actively worked
L2 looking good today, hopefully we can get over a $ for good
1,932 on the bid at $1.00 and 800 on ask at 1.06 then 200 at 1.25
Not true what so ever, and even if their was positive news no one would have even seen them yet. Even on rush order it takes at least 24hours to get copies of the filings.
No filings with the SoS will move this stock substantially, we need updates on otc.com and PR's, 8k's and so forth before the fireworks
Not at all, hard to state its exact significance without seeing it, but it is a good sign.
Some on here say this is dead in the water and the merger has already failed.
this shows us that it is still being worked on actively and we can still expect something to happen, the more breadcrumbs that are dropped the more we will eventually be able to see.
just another step in the right direction but this is nothing that will have an effect on the PPS, but it is kind of funny that the action picked up the past 2 days and we get two correction filings today