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Spot on ranger.
While some people here question Auctus motivates....I tend to side with the judge in his praise of the POR that they created.
I've been impressed with the fact that they placed some skin in the game with money and a BUSINESS TEAM. A number of folks here don't understand the value of the team and how badly the lack of a business team held BRTX back with their funding effort.
I also have reason to believe that JD had a conflict of interest servicing on the board and funding the company, and than placing them into BK by calling the note....that speaks volumes to me in SO many ways...that's all I'm going to say about that.
I STRONGLY believe we see the funding PR for Phase II before the EOY.
We better, or my son is going to be very upset with me....LOL
Thank-you sir.
Not my first rodeo, been at it a year or two, or three...LOL
I'm the kind of guy that likes to question the answers and read between the lines....it gives me the opportunity to find the gems before the market figures it out.
Just make sure you stop and smell the roses and give thanks to our maker...and don't forget to keep a sense of humor along the way. Some may not appreciate it....but than again, I quit caring about how other people viewed me years ago. :)
Correct, having a confirmation of the signing, 2-days prior, plays into a greater support level ahead of the EFFECTIVE signature....just saying!
boyd, Correct, Auctus has NO control over the filing. Unless they left an exhibit out of the package knowing the outcome....ON the flip side.
Not real sure what was filed. If we knew, if would be helpful in understanding why it was withdrawn. Spotty noted it may have been missing an exhibit. HOWEVER, since the judge hasn't signed it, I have a reason to believe that Auctus is playing the market in a GOOD way.
By filing the notice ahead of the judge's approval, it telegraphs a much better PP movement as opposed to simply filing the final PACER.
Again, the legal process has in dealing with a BK legal structure is not in my wheel house.
STOP....Hold the presses. Was the market just been played...
in a "GOOD WAY"?
Given my business background as an entrepreneur, I tend to look at a companies actions from a business point of view.
I let folks like Sporty look at the legal issues and how it plays out for a company.....I let folks like Captain Kirk (Scotty) look at the trading action as it relates to potential PP.
My back ground is looking at a companies management/financial teams and if the can execute their plan. As well as the depth and potential of the business plan.
I'm looking at the way the filing was handled after hours and wonder if this wasn't a well thought out execution by Auctus. Remember, Auctus has skin in the game and is going to work to increase shareholder value for US and THEM.....that's just ONE of reasons I like a Hedge fund to be a shareholder versus lender.
Now here's how the MARKET may have been played....key word, MAY!
We were all thinking that we were going to see a PACER filing today....and according to Sporty...we did (which I believe him).
Had we seen the filing on Pacer we would have seen an explosion in the PP which would have allowed the flippers a short run (couple of hours). We would have likely seen another 80%+ move.....followed by the pull back of 20%-30%....likely supporting a $0.045 to $0.05 trading range.
HOWEVER, Auctus files an answer with the court that the judge LIKELY signs off on the plan at 2:00 on Friday......thus telling the market, "We are set to go EFFECTIVE in 2-days". WHICH NOW CONFIRMS AND ALLOWS THE STOCK TO RUN UP AHEAD OF THE SIGNING. As opposed to the "lack" of information which has folks selling off on.
I know, because I have a number of folks who have been questioning me on if we would ever see this day, as late as this afternoon.
Now, correct me if I'm wrong....you now don't have a couple of hours for the stock to react to a Pacer filing....you have 2-days for the stock to run on the EFFECTIVE approval.
In my book....that is a MUCH better mover for the PP.....Think about it, Auctus just played the market IMHO.
No worries my friend...a number of us here are tired!
LOL...check the chart, my posting was a confirmation of run AFTER it had taken place....which either confirms someone already knows the Pacer is filing...OR they know it drops after the close.
We ALL know it happens sooner than later....sorry if I got you all excited.
Noting the break-out at the 15:30-15:34 mark.
It has also been noted here about the Pacer filing that was taken down. It now looks like it will post after the close.....thus, its official, don't be caught without shares at the close...because the morning she runs hard.
It's Official....
You don't want to be without ALL your shares at the close today.
Say it isn't so....$100 a month.
Could it be that Sporty was right...LOL
Thanks!
Thanks my friend....the longs know you don't.
The funny part....watch what happens when it is filed on pacer again. The guys that thought, what just happen, are going to be pissed, after selling their stock.
Got to love it!
The longs know it will happen....Come on man!
STUPID IS AS STUPID DOES
Time to buy the judge a beer....thank-you!
Correct, that is what Glenn said
Yes Sir!
Read the VYST stock, like a book.
Just a little lower please, looking for 42 support level.
Agree, BRTXQ, we have a "fish-ON", time to land this puppy!
Ranger, looks like the shaking isn't working to well this AM.
The next 30-mins will be the last chance for shares under 3.....
We should start to see the ask climb shortly...;)
Agree, they sake the tree a little this AM, and than, its game time!
GM, shaking it here boss!
Key word; "Poison" pill.
What company sets up a trillon shares....Come on man!
Only an educated/knowledge investor would see through this....LOL
Gimmee,
You are correct.
Good Morning team!
From the looks of it, some of you didn't go to bed last night....LOL
Yes, this week will be fun. For some, more than others, depending on how large their bags are.
While a nickle will likely be the wall today, it will fall tomorrow if not today....hoping the market will prove me wrong :)
Come on man....who wasn't a believer? I've noticed the board is missing a few "key" posters this week.
Moose, correct, investor is ALWAYS better than lender.
I love it when the players have skin in the game. In my word, the lender doesn't have the same level of skin in the game.
Looks like I'm going to be chasing part of my position today.
I wouldn't be surprise to see .008 again today.
Very true.
It's hard to believe that just 8-weeks ago we were in the trips....LOL
Spot on.
Having all three in one week, was a pleasant surprise.
Well done my friend.
WOW...just catching up on the after hour 8K filing.
What this tells us is the company as a path for raising funds through the Class B shares, as opposed to the commons....this is good thing.
What this confirms, they are funding the PA closing...this means we are close....very close to an execution of the PA. Wouldn't be surprised if they wrap up in the next 5-7 business days.
Looks like the traders will need to step back. Look for a green day tomorrow.
No, you didn't miss anything.
I was buying this afternoon and it was funny to see how it didn't take much to move the stock.
A couple of times, I placed a 1mm share purchase up and later pulled it down to drop the stock PP. When I'd place a large order up, the wall dropped.
What we are seeing here is MM/traders playing the stock. ANY news and this thing turns on a dime and shoots up VERY quickly. Longs, hold your shares tight.
Like to thank the holder(s) that sold me their $0.0022 (cheap) shares. One day at time ;)
I purchased my favorite stock in the trips in August, and will likely see it run to .08 to .10 within less than 4 weeks. A nearly 2,000% run from my buy-in.
I firmly believe we see the same type of move here, by the end of the year.
LOL...you call this buying?
Thanks, there will be ALL kinds of time on the stock in question.
I believe funding for Phase II will be announced before year end. Which when in place will be HUGH. This one event should easily be a 5 to 10-fold return from the current price.
I'm hoping we hear the execution on the FPVD PA in the next four weeks. If so, with a little profit taking, you should see a 3-5x return on the timing.
Not me....I like that its in quite mode....;) Picked up some more cheap shares today.
FYI; big move happening on my other favorite....still time ahead of the 8K filing on Wednesday.
100% Agree....this is going to be a FUN ride this week.
With the 8K we will see this climb much higher from here.
Spot on!
I do believe that 15 is gaining ground, hit 16 today. Should easily see 15 this week and than 10 will follow quickly behind it.
Let's hope this reveling video wasn't the only room in production.
Based on the video, your going to need more than one guy pumping out the units.....LOL
Best case, it would appear they are NOW producing machines.
I'm with you, how lame of the company to put out misleading PRs....like we haven't seen this before in OTC land.
Again, this is a flipping stock for the next few weeks at best.
GM my friend, 100% correct.
Watch what happens next....LOL
You have that right!
I for one am getting tried of the same argument.
Oh, I don't know, I once saw a creditor try to get away with it.....Needless to say, the judge didn't take so kindly to it. LOL