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GM.....time to have some fun!
Having some on one of the other plays today ;)
Ranger....spot on!
Doesn't look like that is going to happen.
jvdeve,
Here's a thought....
Perhaps the A/S move wasn't a defensive move on FPVD front, but more of a move by SRAX to see the shares drop in value???
Considering the purchase agreement likely had the majority of the terms hammered out. It would stand to reason that by announcing the trillion shares, knowing the value of the FPVD shares would be greatly impacted with the announcement of the purchase.
We might want to turn our focus to SRAX and ask why they would want to see the shares hold a lower value, while they complete the transaction.
A little more is coming to light here:
Dually noted my friend!
Really.....
Question;
Amazing how a company could run up the amount of debt they did on a $900,000 valuation.....LOL
Karl, I agree with the majority of your post.
I've tracked the daily through Level II and noted some strange trading patterns here. I too found it interesting that we supported 2 at the opening with the trillion share filing. I held because I felt the structure is a defensive play and NOT a logical business play. It also helped that the open was equal to a large portion of my earlier buy-in.
The part of this PR by SRAX that has the creative juices flowing is having SRAX only taking the 89% of outstanding shares. I'm guessing that FPVD and SRAX couldn't reach an agreement on the per/share value, thus the 89% of commons.
If they are transferring 89%- or roughly 740K into the new structure, it should mean 89% of the commons held by shareholders would have the value created under the new structure (which is still to be seen). It than "sounds" like the remaining would stay in the FPVD body cam business.
I know we have folks assigning some real world share values for the transfer, but having reviewed the potential for this new company, I believe this runs to much higher numbers, VERY quickly.
Your thoughts.
Thanks for supporting the reasoning behind my earlier thoughts:
Hook
Been noticing the same thing for the past few weeks.
I've noted different companies with TV ads. Even saw one last week from a company with an LED light making untrue claims.
It is beginning to look like the company is having little success in raising capital for an meaningful ad campaign.
When I reached out to the company a few months ago, they sent me a link as a means to have subcontractors sell there products.
I truly hope we see a better path for getting the word out, than what I've seen so far here.
I hope your right, because without it, this will drift lower.
Your right:
Sirpeter, I don't know if I could handle that ;)
Perhaps my friend.
However, it takes a group like AUCTUS to clean this mess up first>
Not sure of to many Pharmaceutical companies who would have understood how to clean this BK up, as opposed to a debt holder like Auctus who has the depth and knowledge.
I'm in the camp of believing that BRTX lacked the knowledge and business team, which is why they ended up in BK. I also believe that JD saw an opportunity buy calling the loan, which is what put them into a BK.
The court filings would support this position.
I also don't know of many attorneys who would have stepped in to offer $500,000 to take the IP, if he didn't have first hand knowledge of the mess he was willing to take on.
So now we have Auctus doing all the heavy lifting to clean up the mess and bringing another $3.5MM to carry them for another year. All for a $1MM asset value....RIGHT!
Sorry, just not buying the idea that they are doing to for a quick flip. My gut says we see a funding announcement before March. The question is; from who;)
Ranger
Well said.
Don, you are correct my friend!
You got that right.
I enjoyed reading your DD here this morning.
Until we get some answers from FPVD on the agreement terms with SRAX I'm on hold. I'm in the camp and have been for several weeks that the CEO rushed the financials with the SEC versus the OTC for a good reason. And it wasn't that he needed more shares.
This company has maintained the same share count for years with NO revenue.
I'll likely add (Big) once we see "the rest of the story".
I'm currently holding several milly and pickup a great many at 2.
Interesting week.
The whale and company show up "just" before the news, than with the PR they start claiming penny land to get the group to hold on.
On the 28th I posted this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158579817
For the newbies; 911 by some believe its how the MM message one another that news is coming. Many traders believe its a conspiracy theory.
On the 30th I posted this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158624695
Which I don't normally see.
On the 1st (Day of the run)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158642981
I sent a post questioning why the ring leader felt we were going to $.10
Bottom line, we have multiple codes less than 48 hours just ahead of SRAX PR, we have a "group" of posters show up "JUST" ahead of the PR.
Take a look around, where are the posters now and the GREATER question, how did they know when to jump in and jump out at the timing of the PR?
Tell me there is no games being paid here......and I have a bridge I'd like to sell you.
The fact that the CEO came out with a defensive move after the close on the 1st, tells me this story has more to it than meets the eye.
If he is being played, he might want to note these dates on the trading and this chat board.
Interesting thought!
Why are the unit/order numbers so low?
After all, we have been told by Mr. B.
1) How great this test kit is.
2) Global demand is high.
3) A second wave is coming.
Yet this order is so small????
So many questions ;)
LOL
FPVD: Correct, free money is good, just ask mini-me!
Agree 100%
Shame to see this shake out some good investors here.
I believe the AS/RS filing is a clear defense move.
Rockie,
I reloaded today's chart.
It must be an E-Trade issue, while it shows the spike, it shows the high for the day at 32.
I stepped away at that time frame and thought it was odd that no one had commented on it. That's why I asked.
Thanks.
Very interesting!
We have one company come out with a RM announcement, while FPVD hasn't confirmed the same.
The same day FPVD comes out with a wild AS/RS announcement, which has the appearance of defending a take-over bid.
Wisely, the experienced traders looked at the 1 Trillion with disbelieve and claims of "SEC" warnings.
This is beginning to look like a war!
Anyone happen to notice the spike at roughly 11:45 today; 25 to 52???
Better grab the popcorn.
bbart,
Sorry for your pain....you'll make it back.
I'm staying the course, my experience tells me the filling was structured to hold back the threat of a take over bid.....some here will find this play was a smart move, should they stick around.
When the terms of the structure come out...it will become clear why this was done. Will the AS increase/RS happen, no way in HELL. Why was it done...watch and learn.
This is going to be a great money maker for the next several weeks.
Well said!
Correct, consider the last 10K.
Remember the short term payout on the $700K note.
There is more to this story that I believe we are not seeing....holding strong!
Lucky 100% Agree.....
Ladies, we are being played, watch it run.
250mm shares traded in the first 26-mins.
100% agree.....
They are shaking the tree....this is going to be played big time today.
Is it just me?
Or does it feel strange that the videos not show an actual unit/kit and is only an aminated video.
In my profession, when we show the public an aminated video of one of our projects, its because it DOESN'T exist.
Maybe it's just me ;)
I love your thinking since I known for several weeks that there was more to this story, when the CEO undated the financials with the SEC as opposed to the OTC.
What makes you think $.10 in the coming weeks?
Your thoughts? ;)
Correct, I informed a few of my friends that understand OTC stocks. This is going to get interesting. I have some ideas on value, put I want to pull a little more information first.
Karl,
It would appear you are correct, I'm still reading through all the links, but you may be onto something here.
I know, I have always thought it is nothing to believe.
That was until I watched it play out on one of my other holds a few weeks ago. I watched a few MM work a stock that we all knew was being worked.
While this is a trick that some pull to get the board excited. I watched it play out in real time a few weeks ago.
So....the Tea Leafs two days ago were right!
Check my prior post on the close.
pluto
Johnny, I just can't stop laughing!
Large ORDER says it all.
Most, not all, know Mr. B well enough that by defining the order as "large" is not good.
Why, because if DECN had received a meaningful order, he would have provided the Shills/Lemmings with an actual count....Did anyone notice when Abbott came out this week; they didn't say we have a "large order"....LOL
Oh....let's not forget, it was an order, meaning a "single" order.....TIMBER!
Don....couldn't have said it any better!
Pumper
Level II
Is anyone else seeing the "weird" mirror trades going through?
You will see a trade come through at bid (loss) followed by the same trade size at the ask (gain). Or its the reverse trading at the same odd numbers. The spread on the trades is at .00005....
Can't say I've seen this type of back and forth trading before.
I don't believe this is a P/D and do believe we have some MM playing the stock.