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Good Afternoon,
Not the best outcome for a R/M from a traders standpoint, however, the potential is real. It's unfortunate that in the near term, probably through 2024 this will be our trading range.
This issue has potential, but very much needed VC and in the form of an Equity financial package which I believe to come along with other pertinent news.
Then, it's up to how much of a Equity package that will almost certainly increase the O/S. The NOL will be helpful.
The current MC at .006 is $45m well within the particulars of today. This program is already catching on and you are on the ground floor of a module on site delivery. This is a very solid business model, and the growth aspect begins next week.
For the foreseeable, next six months, this will be our trading range.
This can still change if we have a current REV generating at any level would certainly change the direction to a generating revenue merger. This is still open.
Have a good day.
varok
Good Morning,
Very powerful start of this open.
The churning is just about right, and sells are being taken out at a better pace and that is a VERY good sign.
We need this churning to balance the higher buys.
We will probably close to .02+, on no announcement for a perfect setup for next week and the start of a new month.
When the flow of announcements become official the momentum will move into a range of .05 giving us a MC of $45m. Just think on the huge potential this company has in negotiating a marriage with an ongoing private company, let's say in the REV stream of $100m. Can you even imagen just out of the gate with a business model of solid rev and nominal notes as with most private companies partner up with a nice clean shell? The stratosphere is the limit here folks!
April is going to be a good month for our little shell company. When the company releases their new company, we will shoot past .10, like a bug hitting the windshield of a car going 60 miles an hour.
So, for starters the target just got moved up to .10 once we get the word, we are all waiting for, and the foundation of the business model's particulars will determine the true fair value going forward.
See you all on the trading floor on Monday.
Have a good day.
varok
Happens when an issue touches and moves above a penny. All the sideliners are pushing to get onboard.
Yes, Good Morning
Train has left the station.
Have a good day
varok
Good Morning
Holding up solidly with a great degree on accumulation.
Fence sitters it's time to get in.
Watching is over and one does not want to be on the sideline going into next week.
See you on the trading floor Monday.
Have a great weekend.
varok
Good Morning
Now the process is on and what we needed to finalize 'officially who is in charge'.
Will now see official Docs and other announcements flowing. Things will start coming together.
I think we will see an LOI within a couple of weeks to finalize what is in Mr. Carnes business prospectus.
Folks, this is going to get real exciting.
'Improvise, Adapt, and Onward'
The Train is leaving the station.
Have a good day.
varok
Stairstepping in perfect motion.
Any announcement will send us to Copper. Coiling for a nice spike!
Morning CJ
Thank you for the kind comment.
When this thing hits and it can come any day would set us up to copper without a pullback.
I'm looking for stability in the copper range trading when just the preliminary updates come into focus. Once we get into this range the actual business model will gives us an inside view what is expected, but copper for sure and I'm looking at .05 on just any announcement.
The MC on .05 is $40m.
The MC for .01 is $8m.
This will be our trading range within the next couple of weeks.
Have a good day
varok
Good Morning
Little bit of a downdraft and this is what we needed to stay relevant. What do I mean about "relevant"?
When a run occurs because of momentum of one thing, or another always calls for a redirect. This is what we have here and as long it isn't about any shares hitting the market is a good sitting for higher highs and what we have in this session as early as it is we are going to trade in a lateral move. The word is out and now we must maintain a positive mindset on why we are in the first place.
The trading is tight and unusual for a pennystock and that attributes to the shares held in strong hands while waiting for the announcement of any hint from the folks in the know.
IPO's have been hit over the last couple of years and that almost always bodes well for R/M's, considered to be less expensive and with the right share structure as we have here allows for the new team a nice clean shell.
Thu, March 9, 2023 at 10:00 AM EST
" McapMediaWire -- GEMZ Corporation (OTC: GMZP) is announcing that the Company recently had a change in management. Stephen Carnes was recently appointed and accepted the positions of CEO, President, and sole Director of GEMZ Corporation. The Company has relocated its corporate address to Winter Park, FL where Mr. Carnes maintains corporate offices for his growing portfolio of companies.
Stephen Carnes, CEO of GMZP stated, "I have a clear vision for what I want to accomplish for both the short term and long term future of the company. I believe that the right strategy is quickly being put in place to achieve success for both the company and shareholders. I am fast tracking an acquisition for the company, and I look forward to sharing details with shareholders as quickly as I can get everything processed.”
Carnes further stated, “I have submitted the necessary paperwork and application to OTC Markets to request access to OTCIQ in order to upload filings for the company as well as update and make additional changes to the company’s profile. The company now has an official Twitter account, which you can find listed below in today’s press release. Additionally, the company’s profile on OTC Markets will be updated with the Twitter account once access is granted to make such updates.”
The Company will share additional news via Twitter, press releases and OTC Markets once account access has been approved.
Follow us on Twitter at: @GEMZCorporation.com
The fast track that was mentioned above usually denotes within 30 days of updates and other important filings and this moment, which is the timeline we are currently in, and March is always a great month to introduce new entity to the street, not to mention the team does have a history bringing new issues to great success.
The SVB collapse is a Pothole and does reverberate into the VC venue with some anxiety on the nest 30 days on how deep this hangover will linger.
Any business model will benefit our ROI no matter the actual model since the Share Structure is ideal for a merger with tremendous growth potential for inside investors i.e.: VC interest. I expect that Mr. Carne probable has already got his eye on particular candidates and where we are now.
The wheels are in motion and many already know that the release of information/news is on the horizon, and it is only a matter of time we get hit with the actuals and that is the catalyst we need, and it will be a good day going forward.
Now is the time to add in to average down or up, but certainly the buying opportunity is upon us.
Trading range .006 /.0075 a MC $5m is an attractive shell and what the acquisition, when materialized will allow us to move certainly higher from where we are today and probably any bottom feeders have taken their profit and now holding for the brass ring.
We are in control not the MM's and that spells a solid trading pattern in the coming weeks without the usual BS.
Buying opportunity to copper.
Have a good day
varok
Thank you for the nice comment, CJ.
Expecting great results within the next couple of weeks. Would have expected a small draw back because of the Bank failure even though it has nothing to do with this issue it is always a dribble effect, but appears folks have the margin accounts in order lol.
Looking for the LOI soon.
Good to see you as well.
Have a good day
varok
Good Morning
First hour in the trading the issue is holding up quite nicely.
We have seen the volatility and the trading range is a perfect setup for the next leg up. The range of .0075 to .0085 is your buying range without a backdrop of useless dumping at pretty near nil and that bodes well for this CLEAN SHELL.
It really doesn't matter what the business model holds once the marriage is in place. This will propel and I believe the street will be generous by giving it a MC of $30m+ at a share price of .05 with an announcement in the first 5 days of a potential merger.
This issue is a Setup for a perfect R/M. Solid A/S and 818m O/S.
All the restructure of Equity is minimal at best with current MC of $6.5m will be the Street looking at this as a viable candidate with tremendous growth potential without a negative aspect related to the Share Structure.
With the proper marriage, the new entity could easily command a MC of $40m+ upon release.
Target 05 once the announcement is made. Very promising shell in the making.
Copper for sure is the most probable and then the business model will denote the target, but .05 is achievable and very promising as this shell is considered CLEAN.
Strong buy and hold.
Have a good day
varok
Good Afternoon
Setup for a perfect R/M. Solid A/S and 818m O/S.
All the restructure of Equity is minimal at best with current MC of $6.5m will be the Street looking at this as a viable candidate with tremendous growth potential without a negative aspect related to the Share Structure.
With the proper marriage, the new entity could easily command a MC of $10m+ upon release.
Target 02 once the announcement is made. Very promising shell in the making.
Have a good day
varok
No! We will not see .001.
Yesterday morning at the open we got hit for 12m right out of the gate. At the close we got hit with a 15m trade and now at 8:58 we got a trade of 500k at .0006. These are masking trades and in plain talk dilution.
Between Jan/23 this year to today the company added over 190m. That is a lot of shares with no reason.
There is no doubt we have a very serious dilution, and it appears just from trades so far is it right out in the open and going to .001 requires quite a bit of momentum and that it is not in the cards.
They are trying to push the ask up for no particular reason on nothing.
This is a watch and don't buy over .0004. If one is interested put an order in at .0003 or sit it out and watch it.
The business model is interesting but extremely competitive, but I do see a potential, but with these shares coming in makes .001 a reach. on a MC 500k now. Dilution has to slow down; any gain will result a negative and possible floundering down here.
Have a good day.
varok
Good morning,
With this Press Release on placement funding.
Watch the tape very closely and maintain a watch position. Wait for the S-1, which the company said will be within 30 days.
There is no doubt that the funding will be tied to an Equity financial structure that will increase the O/S and in my prognosis, will be an increase of around 45m shares, bumping up the O/S to around 475/500m. This will be dilutive no matter how it is structured.
This issue is now a wait and see, in other words, be careful and watch this and if the need to average down look for lower lows.
Have a good day
varok
Good Afternoon
This downdraft was predictable and a must for a new support.
Last week's momentum was an absolute phenomenal move upside that a selloff was in the cards for this session. No-it's-and-about it. This correction follows the 3-day rule.
We will dip somewhat lower, but a new support will lay in around .065 mid .07. This will allow us to trend in a sideways or lateral movement until further announcements from the company.
Don't be discouraged on what has happened today and watch the O/S for any increase other than the dividend 5:100 about 5m shares added give or take.
Much talk on the NSS, that is a nonstarter and really doesn't mean anything other than playing into weak hands. The dividend was a hopeful attempt to cause a cover, but only for the shorts not NSS since it wasn't a great offset. Whatever NNS is out there will not end or force a cover until the company has an actual assault through a nonequity financial package or a concerted buyback, these 2 alone will cause a MOASS.
The 5:100 dividend was a nice approach, but generally not effective other than a momentum run like last week, but overall makes very little difference.
Another thing is the chartist on where what and how is a nonstarter and what CLNV is running on is momentum that can easily be broken as we have witnessed in today's session.
The company has a MC of $48m and that will never change until the company brings on additional collaboration partners with real teeth that can propel in true REV. or a VC without ties to Equity financial structure. Until this is met the current program is based on not true numbers, but hypotheticals and not P/E ratio that doesn't apply in the penny arcade.
The company has a viable business model and why the Street is giving CLNV the high MC and dilution is at a minimum. This is a plus and reason why we will trade in this area. We will get more runs like last week, but until true figures that makes for higher highs, we will stair step based on announcements with real numbers.
The company has a better chance than most pennystocks to make something from what is considered a great business model which the world is has been railing about, that plastics is an environmental problem.
Bring on the financing and don't tie it to an Equity financial structure, because that will denote a very serious problem for your ROI.
My target is still .21 by spring.
Have a good day
varok
Good Afternoon
Well, the company is looking very good. I still maintain my target of .21.
The dividend of 5:100 is a nice touch and doesn't seem to effect but will add about 5m additional shares to the O/S, moving the O/S to roughly about 420m.
Still very attractive and won't present a problem in its current makeup which will give us a solid $50m MC.
We are now moving into a very important pivot point as the company brings on additional collaboration partners and thus brings us to the next much needed capital infusion. This will happen!
The next financing structure is going to be extremely important as this will determine how this plan will lay into the overall Equity placement.
So, at this stage we are looking very solid, but expect a drawback as profit takers will take their profits going into next week after the distribution of the dividend has kicked in.
We are in a good spot, and it is a holding pattern for the next leg up.
Price target .21 in the next 60 days.
Have a good day.
varok
B .0691 / A.0697
Good Morning,
Level II is down on TD as well for the penny arcade.
Bid .068 Ask .069
It's a glitch nothing out of the ordinary.
Have a good day.
varok
Good Sunday Afternoon,
We are coming into a new week, and it will be one exciting event.
CLNV is a great company with a very demanding business model. Its time is now.
The management team is conducting and trans-versing around the globe educating interested parties with their superb business model from Morrocco, the North African continent and of course the North-South American sector with recent events already announced, WV here at home.
The share structure is absolutely within bounds and recent S-1 release was not a detriment and with the current MC of $25m is an acceptable range what the street considers fair value, and I couldn't agree more.
I have mentioned my target of .21 by Spring is achievable and fair. With this target of .21 and the share structure remains at this level and all what has transpired from the management team's business travel and hopefully adding more collaborations and partners will easily be achieved and reasonable. This .21 target by Spring will give us a MC with the current SS at $87m.
This objective can only be met with not so much on the potential revenue, which will come later (end of year 2023/24), but with solid partners and contracts inked makes this objective be a well-deserved, and the street will accommodate the company's effort, this I am sure about.
Plastic waste is the number one polluter of our most valuable resource, which is our oceans and waterways not to forget the discard on our lands and the company's business model and the team is in the right time for this venture to explode.
There is over a Trillion dollars moving into the Climate Change sector and the company smartly is approaching a small part, but a very important aspect of the overall sector. Extremely lucrative. This is by far a very promising outlook and the ROI for shareholders in its present stage is real and can be achieved as a viable company for future positive growth.
The recent letter to FINRA to investigate the MM manipulation is a due course and rightfully so and should not interfere with the daily trading session even though it is a problem and one area that I picked up was last Thursday's session when there was a methodical downdraft and I contribute this for the updating the S-1 on the OTC. MM do not wait for PR's, but work off trading pressure and act accordingly, however, late in the afternoon on Thursday it dropped to .0487 and this appears to be part of the concerted effort to cover a short (my opinion). I believe the short transpired from the OTC posting and when the trading session started, but the way it dropped later in the afternoon appears to be suspect and was a contrived cover and this is where the MM may have been involved, which isn't allowed. Again, this is my opinion. I understand trades and is as well when MMs mask trades and this they do all the time. But the Thursday session was extremely suspect because after the timestamp of .0487 it shot back up as well as before this timestamp was a slew of sells taking it down. One positive aspect of this particular session the covering may have been realized and why I always feel that shorting pennies and generally this issue is not a good idea, and this short cover may have been a result why CLNV is in a very solid position for months to come. They were concerned of MOASS. This synopsis is my observations and opinion.
Never the less, read the tape and look for positive entries and consider of any downdraft as a buying opportunity and forget the noise, because in the end, ROI will not change
Buying opportunity for sure in this price range and my target .21 by Spring is an achievable and reasonable objective.
Have a good day.
varok
Good afternoon,
We are holding up quite nicely and the added shares now has firmly been factored in.
Yesterday was an averaging in and positive buying opportunity.
We have leveled off and generally will trade at these levels until the next announcement and it really doesn't matter what context it's in it will be a positive with respect in maintaining a trading pattern that doesn't move with exuberance or hyperbole rhetoric but a methodical buy-an-sell approach. This will allow bottom feeders regardless of when the first entered and when they exit with some assemblance.
I say this is based on a number of factors which the one main contributor is the Climate business model. This is absolutely the #1 reason this company has a shot and being a pink sheet issue is only advantages to us and forward looking for a favorable ROI that can command 20x bagger and I mean a huge plus.
The other factor is the way it trades and this with the added shares from S-1 and what transpired from yesterday's session and it may have been brutal to watch, but certainly was a great day to add.
Well, that's it for this week and next week will be a good week to pay attention. As I mentioned before the next announcement will make a run and as well small pullbacks will be part of the session. Remember the 3-day rule. Averaging in is placed within this trading margin before the next leg up.
See you on the trading floor Monday.
Target .21 Spring.
Have a good day.
varok
Was a trade that was listed early and what I surmised why they took it down in a methodical fashion to accommodate today's down draft. MM's had a good day on the commission.
Why the penny arcade can be so unpredictable for no other reason than an exit right out of the gate was the first sign.
We are still in a good position.
Today was simply a buying opportunity.
Have a good day.
varok
Good afternoon,
Your synopsis is correct, however, in the pinky arcade a chart only means at the moment based on sentiment and not concrete info. Aside of the fact that we may run into very current negative news or events. In this case was the update on OTC. Remember the OTC was based on the S-1 of January 23, but we held up nicely that trading session.
Your assumption is correct when you stated, "on heavy volume".
Pinksheet charting is based on current momentum and unlike charting for more established issues is based on past performance, albeit cannot establish a forward-looking end result.
Now, I would never underestimate basic charting, but it only corresponds to current daily events.
In the pinks, it's all about news good or bad that's it.
What is happening in today's session was an even display of sellers meeting buyers based on the OTC and nothing more. This is what is called as a realignment based on current numbers.
See the S-l added although restricted about 23m give or take to the O/S, which still amounts to dilution, albeit not a large number, but still reflects back to Real Numbers, not P/E unlike large cap or established that carry accounting measures within the P/E ratio.
Then you have the MM's that played into this downdraft, and they saw this event early this morning on the lineup and they accommodated the downward pressure.
I can assure you that any news pending will negate any movement or downward pressure and we head back up.
It appears we have stabilized and met the equilibrium and will float in this general level, but appears we leveled off.
Welcome to the world of the pinky arcade.
Target .21 by Spring.
Have a good day
varok
Good Morning
As I have mentioned the first 15-20m of the open is not for the faint of heart.
The reason for the dip is yesterday's posting of the increase of the O/S on the OTC.
Folks have all kind of reasons for selling and on the most part of buying, now with that said, thus far, this dip is nothing more than anxiety on sellers. Let them sell. The selling and buying appears to pretty much equals 'for every seller you have a buyer'.
This is not the time to unload since we are going to get updates from the company very shortly and it will be good news.
Gees, buy the dips and I would like to thank all those that allowed us to add to existing positions.
Target .21 Spring.
Well, have a good day.
varok
Good afternoon,
Made it official from 1/23 s-1. Usually where it goes to restricted. Now that today's update, folks can relax.
All is good and Dan is talking to WV, obviously going for some of that climate money. Why I like this company. The boys just don't talk a good game but out and about hustling the company's business model and the timing couldn't be better.
Target remains .21 by Spring.
Have a good day.
varok
The churning this session is very positive.
It appears the folks that wanted out did so yesterday and the spread is indicative of the shares is becoming very tightly held.
MM are looking for shares and bottom feeders have been taken out and that indicates we are now moving to higher highs. This is what we need to stay within tight trading ranges.
If the spread stays closely between the B/A is a true value. Notice that they very briefly tried to entice sellers early did not hold. They will continue with this false impression since MM make their coin on trades.
Some buys are on huge volume and another good sign.
We are holding up very nicely.
Have a good day.
varok
Good Morning
Waiting for another announcement.
Have a good day.
varok
Good Morning
No worries here.
The first rule is never allowing the tape to dictate your sentiment in the first 15m at the open.
What you see here is that profit-takers from last week were in control at the open and the MM took that to its advantage and of course releasing some nervous traders (sellers) to become victims.
MM are very aware on the bottom feeders, and they can adjust their algorithms to accommodate the sentiment.
When Carjocky called the bottom at .054 was a true bottom and then we rose briefly to .081 and that was an indicator to the MM to test it after a decent run from last week to close that run gap this morning. We need these pullbacks for higher highs and what is happening thus far.
The other factor is the implication of margin accounts and the course of the FED meeting this week that probably give some concern of repositioning since margin accounts are cash to maintain individual accounts to let these factors cause an imbalance within their accounts.
We are okay and smart traders should take this repositioning or selling as a 'averaging' in for the next leg up.
My target remains .21 by Spring. Also keep your eye on the O/S, so far still no concern.
Have a good day
varok
Hi Norfolk,
Thank you for the kind comment.
Have a good day
varok
One can always tell who is in charge with CLNV trading.
Take notice of the spread, it is tight, and this denotes who controls the daily session.
With this kind of trading pattern makes it difficult for MM to give fake trades, which is so common in the pinks.
This is a strong issue with transparent executions. A real positive.
My target remains .21 by Spring. If the O/S remain will have a MC of $78m.
Remember, MC and current O/S is always based on real numbers and results.
Now, we can have our runs, but it always settles back to real events, not P/E.
The Morrocco deal and the $50m figure that the company has printed in various announcements is why my projected target is reasonable. Not to forget more collaborations.
See you all on the trading floor Monday.
Have a good day
varok
Well, in this venue anything is possible. For me, I understand why some would short a pennystock.
The most common positive in shorting a penny is when a company announces an Equity financing package that in most cases is based on dilution. Most of us knows what happens and usually is the number 1 reason for shorting and many penny stocks can be read that way, but extremely risky.
Take CLNV, the announcement on the Equity package (s-1) couple of days ago was in our favor and anybody that shorted this issue was hoping it would tank but didn't and that was a smart move by the company not to play into the shorts.
Also, CLNV is positioning themselves as a viable interest in ROI and the shorts can't maneuver around this and any catalyst coming from the company can create a MOASS. This may be a true indicator that holding a short position can be a headache on waiting for an exit. This is why shorting CLNV at this point is not a good idea.
One of the good news in the penny arcade is when, by law cancelled free trading shares for service rendered. This prevented dumping and of course changed the P&D scenario. This was a real plus and certainly made shorting not so attractive.
Have a good day
varok
Good Morning
About shorting a penny stock.
Here in the US shorting a penny stock is not allowed, Canada, you can.
MM do not short stocks or carry inventory, that is left to us. Shorting a stock comes from brokerage firms and then loan these shares to their clients that request shorting a stock and they must meet margin requirements.
If a MM has an inventory of any stock, they must balance out at the end of a day's session and there is No carryover. Cases have been made when a MM had inventory can cancel their standing as holding inventory can be construed as manipulating.
Whether it be Naked Shorting or Shorting comes from Canadian
accounts or individuals, but most likely it's individuals since many firms don't dabble in pennystocks and is not allowed due to their charters, but not necessarily the case.
There is no time-limit on how long you can hold, and a broker rarely calls them in unless the client can't meet with respect to their margin account.
One reason why there is a difficulty having Canada one rule and US playing in the venue has always been a thorn playing in the penny arcade.
Vancouver and Montreal are the shorting havens, where shorting is played from the penny arcade.
Have a good day
varok
.
Good Morning
This session is looking very strong indeed.
We are moving in the mid-morning lull and this means a buying opportunity to average in.
Don't spend all your pennies on one average in buy, leverage out on in pullbacks, but these pullbacks will not last, we will move to higher highs.
Resistance .008+, we break this it will be the upward momentum.
Have a good day
varok
Good Afternoon
We are looking very good.
We move forward in a very methodical pattern that dispels any notion that the issue is just another OLD pennystock.
The swings are not huge, pull-backs are corrections from profit takers and that means a lot in this venue. Our support and resistance trades in a narrow lane which denotes that the issue is strong and can stand on its own without the usual pinky P&D that is so common.
The only concern is the O/S and can the company maintain a modest increase to prevent a collapse and recognize ROI for shareholders, which in the most part is why we are here. So far this appears to be the case.
Looking at this from a standpoint of averaging in, it appears major pullbacks are limited and that makes for a buying sequence in this price range.
The announcements coming from the company appears to be timely and with context that gives shareholder much delight with great anticipation for ROI absolute.
Price target .21, Spring.
Strong buy
Have a good day
varok
Good Morning
I like the business model but is a tough company to realize a reasonable return.
The company is diluting so far this year (Dec to Jan) on a rate of 115m shares a month.
They have great collaboration but is offset with diluting the pool.
It's going to be a hard sell for this issue to move forward, a major catalyst is needed to move this higher.
The financial Equity structure with is a very heavy load and means that it's based on a need to acquire (more dilution)
If the company continues on this path, they will have absorbed the total allotted A/S by June.
Have a good day.
varok
That's the Financial Equity aspect/component I was expecting. I agree, not bad at all.
Have a good day.
varok
No, that wouldn't be a good idea, it taints the company and usually rubs folks the wrong way.
The current O/S is still a workable solution and if the projected synopsis based on recent announcements, we are still in the run for some great things coming.
Remember, most active penny trades have momentum runs and fall back to their actual numbers and this issue is one that will certainly play within this venue.
I mentioned on Friday that we would get a PR this week and it was today. My assumption was based on solid trading Friday.
The long-held adage " Buy on rumors and sell the day News hits ". This is what we are seeing in today's session.
Next announcement
Have a good day.
varok
Actually, the current MC is based on current information not P/E ratio.
We are where we are what we know now.
Current MC is $26m and in-line with the actual on today's PR.
It will eventually, as I have mentioned my target will be .21 by Spring, and if the current O/S stays in this range would give it a MC of $78m, but it must be attached to actual events not hyperbole or wishful thinking.
We will need additional collaboration to meet the target of .21 with true rev. stream.
Now with the Moroccan deal being inked, we will trade in this range until further announcements are released.
Many pinksheet issues with respect to MC is based on true current numbers and not P/E ratio. The street does not accept P/E on pennystocks.
Have a good day.
varok
Good Afternoon
Seems like the company will have an announcement next week.
Have a good day,
varok