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Its a common business plan in pinkyland by shady CEO's. Which means they all do it. Then try to hide behind the SEC laws the same laws that put some of these crooks in jail. I hope.
Lets see here. I have 500+K note that I have to convert into stock. What to do.
1. I raise the A/S 3 times from its current level.
2. Since no one wants to buy my junk I have to sell on the bid and in the process raise the o/s so I can convert more shares at a very sweet discount and sell on the bid again. I don't have to worry about bid support because there is always some sucker thinking he will get a good deal. Repeat my business, again, and again.
Plain and simple.
With a 50 to 60% discount from stock price the debt holders could sell in the trips and not lose a dime or even make a little. Slap that ask. LOL
I would have set a A/S of at least 2 billion. Trips are coming fast. Only money on bid side. Going to be slamming that. Trips soon.
New low coming.
Congrats on buying more cheapies. Just remember this company only has a 500+ thousand dollars more to convert into stock. So keep up the good work and keep buying those cheapies. LOL.
The selling on this has been relentless they just paint the ask from a huge spread making it look green when they want. Junk. Nice A/S increase.
The selling on this has been relentless they just paint the ask from a huge spread making it look green when they want. Junk. Nice A/S increase.
Slap the ASK and lose your money or bidwhack and just take longer to lose it. LOL
MM's your going to have to do better then that if you want peeps to buy your junk.
BKRT got filled today. Another round tomorrow. I am going to say yes.
Nice. Looks like BKRT is looking for some more shares. Should see some big block dumps again. That A/D is so high. Going to the MOON. LOL. ya right. Yippie.
That is not necessary a good thing. Just means the big block trades with fewer actually trades happening.
Eventually we will have a VERY HIGH Trades along with HIGH trading volume. Its only someones guess if that will mean higher prices or lower prices.
With the A/S of 250 million the are limited in how many they can short at time. That is why we are see shorting and covering going on.
I believe the company set aside around 90+ million shares for conversion stated in the 10-Q. If they can get the price low enough they might have to increase the A/S.
If the company set aside the shares they must have a had a pretty good idea what the average conversion price would be and how many shares they would need. Still a POS if you ask me.
Lets see we set a new low. The shorts covered from there last run. What do you think is going to happen? I see .001 coming as the new shorts come into play and push it down farther for more conversions and still higher volume. Nice.
Bid support anyone? The debt holders need u. Another round of selling next week. Yippie
What just short covering? No one wants to buy into this awesome company. Pump the pr next week and send in the troops. Lol
They can't keep converting if you don't buy there shares. Give it a few days and the dumping will continue as the suckers will buy at this price thinking its a good deal. LOL
The insiders selling there shares, The A/S increasing just a matter of time before its .001.
.001 or lower tomorrow. Yippie
Now dead for the rest of the day. Just like last time.
Nope another head fake. POS
Its going to pop hard here. IMO
Might be ready now. The gap has closed and BKRT got filled.
Remember float is locked!!!!! No one is selling. Just shorting. LOL
LOL. nice dump
Will be looking to buy around april or may. When the company has to start paying back there loan. WHICH I AM SURE WILL BE SHARES. .001
Float is locked!!!!!!
NOPE.
TAAAAAAAAAAAAA MOOOOOOOOOOOOOOOOOOOOOOON!!!!!!!!!!!!!!!!!!!
Are we watching the same stock? VIZC right?
I would go with your first story the FLOAT is locked.
I expect high and higher volume, bigger blocks on the ask. The O/S is increasing nicely. LOL
at .001
Why peeps selling don't they know the float is locked up? Doesn't look locked up to me. LOL
See you in the morning VFIN
Based on months old info. Sounds like a sure thing.
I know my info the same way you know the float is about locked up. LOL!!!
They want u to buy there overpriced shares and anyone who did take bite have a big loss. Huge Gamble here.