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Well that sucks. So will the ticker change in the acquisition? What else changes? Thoughts?
We’ll that’s good.. maybe it’ll be a good Christmas after all :)
~$500K worth of this stuff bought today... crazy.
So basically now we've got to a reverse merger to an acquisition where Tricky Dickey is selling to Reachout Rick? I see that there's mention of a 'closing' but no date. I'm relying on some more familiar with TD and what YCRM has been doing over the last few years? Is this another shell pump? While I'm happy the pps has recovered, what really is going on!? Literally the dates on that report were during the week last week of 'turmoil'.
I guess they call him 'Tricky Dickey' for a reason?
I don't know 'Tricky Dicky' as some on here but to have something waiting in the wings so fast is crazy. Life in the OTC.
This Rick Jordan guy is real.... he's been all over TV on Fox Business, etc. There's tons of info on him...interesting. What's your take on the latest with Reachout?
This thing is as volatile as a 48 yr old moody woman experiencing pre menopause
acquisition of a 700+ employee company for only $6 million!???? hilarious
Since my position was sub 0.004 my heartburn wasn't a heart attack. Trying to do some DD on Reach Out. What I'm finding isn't nearly as cool or compelling as to what PJ was doing but I'm not going to be caught in this crap again. Just ride the next wave up and ride it to shore then get off and not wait for another swell.
I've got whiplash..after the merger fallout hangover. who/what is Reachout!??.Thanks for the heads up and insight Work. My gut told me not to panic sell last week. I'll just wait for the next pump/arrangement. Like GTC I was a believer in PJ and talked with Jeff as well, used the app and believed in his business model. Truly did Jeff really know that this was heading south despite him telling us it wasn't? Deals fall through financially at the last minute all the time. I never believe it until I see it but glad I didn't invest more heavily in it prior to last week. Part of me wanted to and glad I didn't and just held my position.
lmao I figured it was tongue in cheek
car are you really adding?? I'm just holding my current position. I've taken losses but because I bought low, it's painful but not devastating.
Thx Gtc! Device Corp: So what was their play in all this. I also truly believe that PJ wasn't at fault for this but him posting 'all is well' after the merger was dead was wrong and misleading. Perhaps he felt that it could be salvaged. I don't know. It just sucks.
I'm not selling right now since I bought so low several months ago. Something just tells me to sit tight.. Just a gut feeling. Nothing more.
lovely. :(
Do SEC rules apply to the OTC?
Gtc did PJ put up $150k?
Are you saying that there are potential legal ramifications?
Deals can fall apart in the final hour. Obviously this is an epic fail.
Just still in disbelief. I’m wondering what ‘complexities’ in the super 8K meant? I didn’t realize there was another 3rd party involved? Other than PJ and the shell (Dickson)?
I'm with you Gtc. I'm losing more on the 'what could have been' than what I'm losing since I bought very low. I still believe in PJ and what they're doing and want the opportunity to invest in them because I think it's going to be a big thing. There's a reason for disclaimers when you're on the OTC but I didn't really get nervous until today/late afternoon. Glad I held off on buying even more. I guess I just have to hope something happens with the YCRM shell to recoup some $$. It just freaking sucks. Just days away from the merger :( I guess once I gather everything back together I'll look to invest in PJ wherever they turn up, but I'll definitely be gun-shy now.
Damn. Just DAMN.
Thx Gtc. I still believe in what PJ is doing. It's a shame it's 'lost' now until it emerges in the news via another ticker I guess right? So is YCRM doesn't operate as a company but as a shell. So I guess they're just looking for another business, company, start up to take it?? My head is swimming right now in disgust and disappointment.
Did Jeff say what company he's looking at ticker wise? Someone needs to put into english for me what happened...I'm just in shock. Worse than a gut punch.
Damn. What happened!??? What broke down!???
Likewise Gtc...I'm here LONG term. This could be the next Spotify in terms of an entertainment app and live music artists/bands. Just my opinion of course. Part of a blue ocean is seeing if you're the only one out there doing it. PJ is the only one. If you stayed and/or loaded at these low prices prior to the merger, you'll be glad you did. I honestly believe in the product and the mission wholeheartedly. That's why I'm willing to ignore the noise and days like these because it's not tied to revenue loss or that fact that there's another entity out there trying to compete with them or something awry with the product or business model.
Anyone whoever asks him questions, can't ask him 'OTC' questions and expect 'OTC' answers. This is a new company with a great platform that is live and being utilized. The upside is huge but don't expect overnight news. I'm not phased by the downslide one bit. OTC investors are fickled and a nervous bunch. The OTC itself is laden with risk. We all know this. For those that have been able to buy or load up on these dips, you're winning as we get close to the merger and as this ticker officially becomes PJ from the shell. I can't stress this enough along with GTC.
I'm still on board and believe in the product because I'm using it and it does what it's supposed to do. Has anyone else on here done the same? Be honest. I'm taking advantage of these huge dips. I was accumulating more in the 6 figure range but with this dip, I'm heading towards 7 figure volume. You'd be crazy not to. Congrats to those who have been loading up on the fear.
Honestly if I were him, I'd be guarded around crazy OTC investors like us lol. I think his level of engagement is not only welcoming but we've been extremely fortunate. He doesn't have to muck it up with us at all.
This is comical. Can't believe people are unloading lol. I'm buying more...
Yep! Much ado about nothing...and some lost big today...but some gained in on the dip...congrats to those that benefited and bought :) I wasn't planning on increasing my position anymore but it was a no-brainer for me. Christmas in Nov.
I've taken the opportunity to buy a few hundred thousand more today. Easy money. Get them while they're still available sub 0.02 but it's going back up already.
There's nothing to say...OTC buying and selling trends are as fickled as the wind. No rhyme or reason sometimes. Nothing has changed. If you're looking for bargain purchases, today is your lucky day.
Just panic selling here...and it's NOT a scam lol. Good for those looking to get in with larger volumes on the dip. I'm loading up even more.
Thx Jeff! In the meantime I've been using the PJ app and I want to re-iterate how impressed I am with the platform and what it does. From finding new artists and interacting with them to the live shows and 'radio channels'. It's great to see you have the 'Tabernacle' in ATL signed on too as well. A venue that I frequent still and as a kid years ago. :)
We also have to keep in mind like you're saying GTC, demanding announcements, etc. on behalf of a company or expecting 'news' every few days is unrealistic. Investing is not like fast food, where you order, expect a return and leave quickly. 98% of OTC traders are looking to make a quick buck off of profits off of fractions of pennies most times. I'm preaching to the choir, but there has been full transparency and if anyone has been using their app, knows what they're getting into. I still see some pretty crazy questions being asked every now and then on the webinar. You can tell they're from impatient OTC traders. Still being cautious has its merits for sure and having skiddish experiences will serve some well. I still trust in this thing and I've already found 4 or 5 artists through PJ that I now listen on Spotify regularly in the past few weeks. That's what it's set out to do. Again, if you're still suspicious, I urge every investor to spend 1/2 hour on the app and on their IG page and look at everything PJ is trying to do. You'll be excited.
You can't have an 'OTC' mind when investing long term in a new company/product. What people have to remember that there's no one else doing what PJ is doing in the market/area. They're the first. These dips are just noise from OTC flippers as we've said time and again. If you get in under a penny or two you're in a great position.
People trying to bargain hunt...some willing to sell at those low prices :(
If you want to play the penny game, take intermediate gains (or losses), it's everyone's prerogative. This is not your normal OTC nickel and diming stock. These fluctuations are just noise in a larger game and goal. Nothing more.