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Naw...the only big bucks here are for the CEO who owns 71% and is dumping millions of cheap shares on the market
The only run is the CEO's dumping which continues to depress this stock
Time to show and not just talk
How about they release prelim financials from June showing they sold $500K and margins 40-50% like they claimed they did.
Dip?? You mean "Crash" don't you?
And just think how much more undervalued she will be tomorrow and every day after that...I guess the bottom is ZERO value approaching soon. Waiting for that to avg down..LOL
I doubt it. This CEO is relentless in diluting shareholder value
This is just like a banana republic that just keeps printing currency until it has no value...Chan is just dumping stock until it will have zero value...approaching that soon
No offense, but you sound like a bot or a paid poster....ridiculous
I thought that this stock would be at $.0012 by end of the month ...was wrong about that.. Looks like it will be there by next week or earlier. Cheap share dumping by Chan has increased and really impacting the share price now. Last two "news" updates have done little to support the price.
Disagree. Chan is dumping and he knows exactly what he's doing to the share price
He's investing it in building his own mansion in California.
Better yet...Post the Outstanding shares on June 24 vs today and let's see how much more dumping has been done. PPS is down 60% since then and I would like to see the % increase in OS
Are going to see the same pattern again here...open higher...get beat down by dilutions throughout the day...unfortunately yes
The only rip is the investor's money that went into this loser
Look at all the happy shiny paid posters here..LOL
At the current run rate daily decline..should be at $.0012 by end of the month. I would wait until then before buying any more. Nobody should be investing in this stock over the next two weeks above that price
Taking your advice...I've got my order locked in for 10BN shares at $.0000000000001. LOL
The only thing that's expanding is the CEO's bank account with investor's money
Exactly...record sales and bid support don't equate
Chan owns 70% of the shares...he is the market
The way this is going..if you bought above $.001 you're going to lose money. If you try to avg down...it's a losing strategy here with billions of cheap shares awaiting to be offered by Chan and his operatives...the past few weeks have shown that. Not sure about longer term or the next 3-4 months. If the strategy is being followed and executed (and not just reported as a pumping mechanism) there's a outside chance that when they report financials, will see improvement..but that won't be untl Oct.
Sad reality
Like I said..ignore the Chan paid posters here.
Chan owns about 70% of this stock..so he's the only one with enough shares to dilute the rest of us.
Ignore the posters in here that continuously talk up this stock for weeks while its been on the decline...they are delusional or paid by Chan to come here and do that
Yeah...we see it. This CEO said he would be issuing shares significantly above market price in late June when the price was hovering around $.005. Since then the stock has lost most of its value even while he;s putting out news articles/tweets that are positive. Can only be due to dilution and cheap shares being dumped. There's no other reasonable explanation
Id say it's suspect when you have the same posters in here singing the same positive tune..when every day this stock loses money for investors...
The only thing you can hope for is for this thing to eventually go up enough for you to get the hell out
At a conservative daily loss of 5% per day...we should be at .0012 by end of July...so the CEO took us down the ladder with his dumping and will then make a big announcement about July sales being...xXXX% higher.,etc...to pump the stock back up again...so he can repeat the process again in August...
It's already a surprising many...the wrong way
Real deal for the CEO ..I agree
If you call support losing between 5-10% daily
Any move up in the AM is eventually consumed by the truckload of cheap shares being dumped in the PM...it's the same pattern every day now
The problem is the dilution rate is exceeding the "good news" rate so the stock is dropping. Waiting for the next good news pop...not sure when that will be ....to dump this
My buy order locked in for 1 billion shares at $.0000000001...LOL
Two weeks away from July close results and down into the 2s already..not good
Your delusional if you think you can reliably avg down on this stock...with billions of shares still potentially could be offered as low as $.001 by the company
Market cap has declined over the last few weeks...as the stock has lost 60%+ of its value. The CEO should release prelim financial results for June showing the $500K revenues he reported...and supporting his growth projections...otherwise this slide to the bottom will continue
You don't have to...the CEO is dumping for all of us in millions
This slide to $.001 is just a matter of time now....we've been breaking new lows every day for weeks now...I don't see this stock coming back from oblivion.