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Since it is sitting at no bid, I'd say pretty much everyone that has bought anything is still holding, like it or not.
I was actually going on what is currently on file at NV sec. of state website, unless I mis-read it. will have to go back and check
Hi Florida,
Do we have any clue what the actual share structure is here, I mean beyond the current A/S of 5,000,000,000? any idea what the O/S and float are? TIA
First, that statement makes zero sense and contradicts itself. The CEO can't very well dump shares into the ask now, can he? So assuming it is actually the CEO that is dumping tons of shares, it has to be into the bid, doesn't it? So if everyone is bidding ones and the company dumps tons of shares into the bid, than everyone should be getting ones, shouldn't they?
That said, twice as many shares have to get dumped into the 1s as would have to get sold on the 2s for raising the same amount of company operating capital. Since that is the point of a company being public and selling shares and that is where public companies get their operating capital until they become profitable, it would seem to me that bidsitters on the 1s are responsible for at least half of the tons of shares dumped on "us", no?
What makes it so?
I think you meant sold into it. Not to any significance that I saw, but was busy on other fronts so wasn't really paying much attention today.
highly doubt it. Based on both descriptions, the only commonality is the fact that it is medically based. Apart from that, they sound like two completely different utilities.
The walmart patent is based around and requires a dedicated and probably propitiatory wearable device that can be scanned by first responders in the event that the patient is unconscious.
And although I really haven't done any extensive searching, so I'm not going on anything more than recollection of what I have read in company releases; DRWN's patent seems to revolve more around medical records getting transfered between medical facilities and billing activities.
jmo
Agreed!! Although with no dilution in many months as a confirmed fact; Current activity seems to suggest there may be a straggling COHO short position of significance out there somewhere. And having a difficult time getting it covered, as it appears that more and more are getting hip to the games as less and less seem to be putting stop loss triggers.
There's no other rational explanation to non stop slander of a CEO that has blatantly stated that he doesn't run promotions, period. Nor will he EVER release PR's just for the sake of attempting to increase share price; but will only release news of relevant progress. Not only that, in spite of being associated with such numbers through developing a company back in the 90s. Of which he took from $2million in annual sales to $200+million in annual sales in a 10 year period before getting crushed under the weight of the post 9-11 economy collapse; he has never inflated numbers here with Pie in the sky figures typically associated with pump and dump hype stocks. He was also very transparent and up front with dilution that resulted from unrelated party outstanding convertible debt that he inherited from 2 CEO's ago when he took over.
And although I anticipate it is going to take much more time than most can exercise the patience for, especially since his history and education is in marketing just as much as software; if he did it once without the benefit of experience, there is no reason he shouldn't be able to do it again. Except now he has the benefit of experience and connections. So as long as the economy holds, growth should steadily improve at a slightly accelerated pace from his last performance as he continues to develop, integrate and markets the recent acquisition into his existing with new products, features and ultimately clients.
JMO
yes, you are missing plenty, latest filing was just over a month ago.
link to COHO disclosures
what proof do you have that all share sales originate from a single individual?
what would that have to do with a cash seller and whether or not they are finished?
That is sort of an unfair comparison. That company has a recent history of issuing 200 million shares a month with significant potential conversion vehicles at the ready and the last verified share count update is 4 months old. I don't care how you slice it, you can't pin dilution on an individual. Groups, such as the Shell crew, maybe but the dilution would have eventually crushed it anyway. Do some due diligence, they just speed up the process through offshore discount brokers that offer shorting.
There is no recent dilution here and hasn't been for months. The disgrace here is that if holders stopped selling into the bid and traded responsibly, this actually has the potential to go in the other direction. Several weeks ago the entire OS was being exchanged every 2-3 days as market manipulators coaxed enough folks to buy high and sell low to keep us here. The CEO is not a PR hound pumper, and is not selling shares. He is building a business, and is confident enough in it that he financed the last acquisition along with everything before it, out of his own pocket with no exchange of shares(all the previous dilution under his command was debt that he inherited when he bought the shell).
What happens first: .0004 or .0011, is really up to current shareholders. All price action here is at the hands of shareholders. No one can force anyone to buy or sell shares. If everyone took a difference stance, the manipulators would have to drive this in the other direction to make money with it.
JMO
The down side is that the greater majority of traders seem to lack the intelligence necessary to get and keep a non-dilutive stock with manageable share structure and a profitable business model; that HAD a captive audience eager to buy shares, past a tenth of a penny. I've allocated $10 grand to buy another million shares at a penny if it ever gets there, just don't see it happening with the stupidity here.
Absolutely...The biggest confirmed news here is that piling 150 million shares on the ask with light volume isn't going to help get them sold, any faster than it would pressure holders into selling @ .0002 at this particular point in time...
ATTENTION SHOPPERS!! would the Jackwad with the 130 million shares parked on the ask pleas move them, you are blocking the loading dock and holding up progress.
No one is forcing anyone to stick around. Although, unless something changed in the last few days there is no known dilution, so any devaluation here is at the hands of anyone with the same sentiment and not some creditor selling it down. IMO
not with the stupidity on the ask, IMO
Don't scam stocks usually involve a company with a business model that only exists on paper or in PR's with fake PR campaigns to sell convertible debt through dilutive shares? I must have missed all the fake PR's and heavy dilution since all of the significant volume started. According to OTC markets, share structure remains the same.
I Cant argue the ridiculous part though.
If you dig deep enough, you would find that there is much more involved here than meets the eye.
Well, for what it is worth, the perceived value cannot increase without people buying on the ask. And I am not suggesting anyone here or anywhere to post known false or misleading information, but filling a message board with negative conjecture certainly isn't going to help improve the shareprice situation here that is for sure. JMO
The sad part is, by all indication, this actually had the potential with a period of confirmed non-dilution during a legitimate ICO. IMO the ICO failed with the failure of improved share price into a range befitting of serious investors taking it seriously. Unfortunately so, because it became a carnival ride for irresponsible and shortsighted traders. If they would have let it breath a little, the creditors could have potentially been compensated with ICO proceeds and the SS may not have taken the hit it did by frustrated creditors and this would potentially still be actively trading much higher than the recent highs. The latest filing shows the company to still be above water so in spite of this just becoming a ghost town of residual resentment, I am remaining cautiously optimistic over time necessary for company to implement it's business model. also JMO
That seems like a complete waste of time.
What makes you say that? WHAT DILUTION? Volume confirms NO SUCH THING. This hasn't experienced dilution in months as there are no restricted shares and OS remains unchanged as per TA. ALL recent trading has been nothing but the idiocy of trader greed.
There is ZERO dilution here. If people traded responsibly by retrieving their principle plus modest profits, hold the rest or buy more on the natural dips to accumulate a stronger position; quit setting a stoploss and stop selling at the bottom to give the crash and catch manipulators easy money as it deteriorates the PPS, it would probably be a very different outcome and we would probably be WELL over a penny if not 2 right now.
This has the fundamentals potential with no dilution in place and had very significant positive money flow interest with all the buying volume early on. Unfortunately there is far too many people that are sharing your mentality of buy low, sell off everything high and wait for big price drop to "reload" for the share price to experience ANY significant growth. JMO
That is not true at all, your own Due diligence told us all otherwise...
You shouldn't, anyone that has that much doubt should be selling at this point.
No, the email did not state the 23rd, and no the 23rd was not Friday, the 23rd was Wed., but yes the email did in fact state they expected the actual closing to happen by Friday(Friday was the 25th). And could have taken place any time between the writing of the email, or not yet. But also as stated in the Email, the publicized effective date as per the last two PRs was to be the 31st, which is this coming Thursday...
Actually, before the economy collapsed under the weight of the the WTC attacks, this CEO took another company from $2million in annual sales to $200 million in annual sales(of product, not shares) in a 10 year period. So although .10 seems a stretch short or medium term; if he can keep the share structure intact long term(although he inherited toxic debt from 2 CEOs ago, he cleared it from the books and as he has put much of his own money here, probably has no interest in taking on more convertible debt), I wouldn't say it is out of the question long term.
He made no such statement
Doesn't appear so, around here it seems to be about beer money. when we had 750 mil+ a day, holding for 3 days could have bought new cars or even houses, but the majority seemed more interested in beer for the weekend. go figure
I think that comment was meant for the guy I was responding to.
Well considering this is trading above .0010 and 100% down would actually be .000000000000000...; and we are still over 1,000% above 52 week lows, it seems clear that COHO has been confused with something else.
That is almost as funny as losing 300% of one's money. Not quite, but almost.
Yeah ok, OS has to be at least 4 billion especially since the Authorized is 3.5 billion. Your argument has lots of merit.
AND all actual evidence indicates YOU"RE WRONG!!! It may have been frontloaded by an unrelated party, and subsequently pumped by third party. But since the start of recent volume this has been continuously manipulated to recycle existing shares by various entities and no new shares have entered the market. So it is not the company selling or pumping.
Think about your claim; especially in light of Alpine's recent policy change in their refusal to clear convertible shares. Do you honestly believe a TA or OTCmarkets would open themselves up to ANY liability in posting fake numbers, just so a company or toxic lender can dump shares into the market?? TA has confirmed through posting on OTC website that the OS has remained unchanged as of a couple days ago since all of the high volume has started. End of story.
AKA tangiers. Unless I am overlooking something, that is old debt from 2 CEO's ago. Current CEO re-negotiated the terms early to middle of last year and has already been converted in full at the expense of those of us that have been here a while. If you read through the balance sheet, when you get to "convertible debt" line, you will just see two hyphens and no dollar figures on that line.
Well, at least now we know who crashed it today
with no obvious dilution, the latest figure posted on otcmarket website is confirmed at roughly 1.95 billion, posted on the 15th of this month.
let's not forget the entire OS is less than 2 billion and there were 250 million shares freely up for grabs on the ask at .0002 for months before anything was announced. So how could they possibly have loaded up billions of shares? I would guess you would lose your house on that bet. JMO
The potential sure seems to be there but lets shoot for company growth and a cent and a half first,
it's a joke based on an ad campaign from some years ago for I believe, holiday inn express. In the commercials, a good Samaritan comes to someone's rescue. And when bystanders start expressing relief that a real doctor happens onto an emergency, and after helping the victim and bystanders start asking about his credentials, he reveals that he isn't a real doctor but did stay in a holiday inn express. The premise was that his stay at holiday inn gave him the confidence to rescue the victim from whatever catastrophy.
HUH??? Did I miss something?
No...but I did stay at a holiday inn last night :)
Oh, and not sure if it will still go a little bad before it turns good, but did get a small bid filled while I was distracted. All good here though, regardless of short-medium term share price fluctuations. As I believe Orie has the fundamentals ship headed in the right direction with a good thing going and debt under control. So unless something goes horribly awry fundamentally, planning on sticking around for company growth.
CEO is a marketer, and prior to the benefit of the wisdom from life experiences, he built a company from $2 million in annual sales to $200 million annual sales in less than a decade once before in another software based company; before the economy collapsed under the weight of the WTC attacks. So if he did it once, he can certainly do it again, but this time with the experience and knowledge on how to circumvent certain pitfalls. JMO