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Triple bottom breakdown, this easily trades down to $.006 range if it doesn't see an immediate rebound here by Wednesday. It should find some support with the 200MA sitting there as well as support from it's prior breakout from back in November 2022. IMO it likely bases there for a bit, waiting for more data, with that said, i still think anything from the Fed will be nothing more than they need more info, meaning more delays here. GL
I am trading the way I trade and giving my opinion at the same time just like you. Saying I don't have proof, proof of what an opinion on what is taking place? The proof is today's PA and a collapse of a long standing bullish pattern, that's I'm your face proof! Not a tweet that we "HOPE" crap. At the end of the day I myself see option 3 playing out here. Most likely the FDA will need more info, but we'll see. I still like the play here for another swing but today's PA pushes it's next more out. GL
again this is the otc, companies pump and dump daily, fair and legal... ha There are numerous lawyers that will gladly take your case and spend your $$. This is how the game here is played, there's never been anything fair about it, and I've been in this sandbox for 27 years playing the otc!
No I haven't called anyone, nor will I, that's just not my game. I have no intentions of holding this stock or any OTC stock longer than I have to. I trade the technicals and most importantly the PA which builds the charts. The ceos tweets kept the flag in one piece until today. I also believe that tweet ship has sailed now. You've got tons of retail trapped above $.015 now and the longer this plays out the deeper this falls imo. From here on out only a real pr will move the needle as any tweet will be faded immediately. It's why I dislike ceo's that tweet, it kills all speculation in the short term. gl
my two cents. You trade the OTC and invest in the big board tickers. More than 99% of all OTC will dilute, that 1% goes out of business before they can. Less than 10% of otc tickers are in business after 5 years. Huge risk investing long term in any otc play. GL
Are you new to the OTC? If not you should already know all CEO's are scamming conmen! It's just part of the game. All companies at one point will dilute shares to raise $$
Use them before they bag you is the game. I'm looking for re-entey as I sold my whole position when the ceo made his last "HOPE" tweet. You always sell tweets! GL
For one you are seeing a technical break down of the long term bullish flag. Once the .00089 level went the pattern is toast. Looking for a test on the MA now. Lack of volume paints the real story though. No fear, just some weak hands letting go, or some cutting losses or locking profits. I want to see the flush!
This is good for BYOC and its attorneys. I've talked about this about this a couple of times here. The judge did approve ByOC's attorneys request, now its up to Jean's team to figure out which one of the three they're going to go with. I doubt they'll want to let article 296 in which imo would be the smoking gun. Not sure which they'll run with. This absolutely changes the game for BYOC proving fraud.
911 prints are 99.99% of the time retail playing around. If it were a M printing it it wouldn't have been the last seconds of trading.
There has been lots of OTC tickers that have been making pretty big gains over the past 2 weeks. The OTCQX bottomed on 12/28/22 and has been rallying hard. It started with low float plays but lately there have been numerous bloated pigs moving hard, or seeing extremely high buy volume in recent days. Like PHIL, TGGI & VLGS yesterday. Money is most certainly flowing back into the OTC! Plus BYOC has a hearing date at the end of the month, hopefully we see a settlement in that case. Happy New Year Mith! Hope it was good for you.
BOOM TIME! Reduction in the OS time for some action! $$VGLS!!
This is what i'd like to see Geordan do with his commons he's taking for his salary. This will go a long way for us retail especially if the merger goes through with Electric Built and when the lawsuit is finally settled. If Geordan started to do retail friendly things, I might even stay and play this for a much longer investment. Hopefully we start to see some good things come our way soon. Surprise us all BYOC!
WATERTOWN, NY / ACCESSWIRE / January 3, 2023 / 1812 BREWING COMPANY, INC. (OTC PINK:KEGS) (the "Company" or "KEGS") is pleased to announce Chairman and CEO Tom Scozzafava has exchanged his shares of common stock for a Company note, and 3.4 billion shares of common stock have been returned to the transfer agent and taken back into the Company's treasury. The transaction, effective December 28, 2022, results in a decrease of outstanding shares by 3.4 billion shares and leaves the Company with fewer shares outstanding on December 31, 2022, than it had as of January 1, 2022.
Chairman and CEO, Tom Scozzafava stated, "This net reduction in common stock outstanding over the year came at the end of the most significant twelve-month period in the Company's history, during which the Company achieved numerous operational milestones. The following is a list of some of accomplishments over the past twelve months:
Yep, they also found out that the loss of Service 800 customers was much larger than what Jean portrayed, again, that falls on BYOC and George's DD. The 2nd case is even more shady for the back rent that is owed, and again a failure on BYOC's part to catch it. They admit in numerous transcripts that due to George's death they rushed and didn't do the proper DD, but signed the Doc's by Jean's attorneys. I'm just looking for one good pop, maybe a little higher than the last one we had, maybe not even that high! GL buddy. Have a good weekend.
This one is just about ready, buying on the ask is picking up. Big drop in the OS from last month!
Yes a shit ton over the last couple days, i piece them out, mostly speed reading through certain parts that irrelevant, or just introducing the person on stand. There is little doubt imo that Jean is a scamming bitch, but proving she's committed fraud with BYOC team of lawyers is going to be a tall task. Especially when George signed everything as well as his lawyers & BOD approving it all. They have a few documents that may create some doubt with jurors, but we'll have to see if it makes it to trial in May. What in the hell was George thinking buying Service 800? My God, was this man blind or did he fall in love with Jean, and she took advantage of his lust.
Yes thats correct.
Upcoming Hearings:
Motion Summary Judgment on 01/06/2023 at 1:00 PM
Motion Hearing on 01/31/2023 at 9:30 AM
Jury Trial on 05/01/2023 at 9:00 AM
Taken Under Advisement
Judicial Officer:
Klein, Joseph R.
Index #360
The plaintiff are the ones that filed the Motion summary which whomever gets the Motion Summary the other side almost never comes out on top. With the motion hearing now on 1/31/2023 we'll see what's happening. IMO BYOC loses this case due to their attorneys are second rate compared to Jean's attorneys, especially her lead attorney Warner. The BYOC team is and has been ill prepared for this trial even though they've had years to prepare. Hence the transcripts where they're still asking for approval of emails, and ledgers that would help their case but missed the discover timeline, and Warner has adamantly objected, and the court has agreed. When your case is based on proving the plaintiff has committed fraud one would think you'd have those smoking gun documents readily available.
The one thing that puzzles me most of all is and has been the delay by BYOC and it's legal time to postpone this case till May 2023. It seems now more than obvious that the merger delay is tied to this case. I know you thought Boris was right after reading the agreement, but obviously there was more to the agreement than what was written. This is the OTC the wild west when it comes to deals. The only thing i can think of is BYOC is buying time because they don't have nearly enough cash to cover this lawsuit if they lose, not even close! So i'm sure Discover will be coming to sit at the table by the end of the 1st quarter, if not for the lost lawsuit, but if there is ever going to be a merger with Eletric Built they have zero $ to do anything with it. None of these things necessarily stop the pps from running on a pr of case settlement, or merger is back on the table. Thats what we are all waiting for anyways. Our EXIT!
hey, hey, hey settle down their mister! Have you read all transcripts? Did you read this 201 pg transcript? I'm saying know because those questions came from our lawyer not the plaintiffs.
Anyways, i was just posting it because I was surprised. Make's more sense now, the way she was defending Geordan in the crazy rant video.
From yesterday's court transcripts: Who knew about this? Who's surprised now??
BY MS. ELLINGSON:
Q. All right. Ms. Garfield, where do you live?
A. Florida.
Q. And have you always lived in Florida?
A. Yes.
Q. What is your age?
A. 33.
Q. Are you aware of someone named Geordan Pursglove?
A. Yes.
Q. Describe your relationship to Mr. Pursglove.
A. He's my significant other.
Q. And about how long have you been in a relationship with
Mr. Pursglove?
A. A little over 15 years.
Lol chasers B chasing!
another T-trade after the close for 238k shares
It's a legal scam. It's the game here in the markets! Not just in the OTC, there are numerous tickers on the big boards doing the same thing, diluting like crazy, then issuing a RS. It's exactly what happens bear markets like this, especially when $$ isn't free anymore.
I'll be buying at that level if it gets down that low, not sure if we'll see it or not yet. I thought I could entice the diluting M to hit me if my order was big enough, and he did. Might have been a retailer that bought a month or so ago wanting out. GL
Buddy I've been playing these OTC scams for 27 years now. Every ticker in the OTC is basically a scam that at sometime will need to raise $ in order to survive, it's just how it is. How it's always been. You play them before they play you, you never chase, you kill the trade as fast as possible when it doesn't work, and NEVER EVER FALL IN LOVE WITH ANYONE OF THEM! This is just a trade for me that's it. I trade scams everyday and I'm very very good at it. gl
thank you for the dump!
Anyone wanting to jump ship, I'm waiting for you at .07 I'll take any size of sell orders. Dilution sucks so I understand wanting to sell. lol gl
gotta get through the hidden shares at .006 and .0061, then maybe this moves!
All markets are much different than they were 1 to 2 years ago, especially in the OTC where the OTCQX index closed at 2.5 years lows and has completely given back its move from the covid explosion. Gone are the days of 5000% moves, one needs to learn to take profits much quicker or get caught holding the bag when your ticker files for a RS or much needed $$=Dilution! $ isnt free anymore so companies that aren't profitable will need to raise it through dilution from a toxic lender. How many OTC companies are profitable?? You must learn to play them before they play you and get bagged! GL
https://www.otcmarkets.com/index/.OTCQXUS
ouch! that was a quicky! Hope you cut you loss!
couldn't agree more!
That would be correct by the mm handling my order is NITE, which is showing .004, which would then be called SHADINESS!
Extreme shadiness going on in this ticker, m's hiding my bid of 4 million at .0045 those were my shares filling this morning, but not once showed on level 2 and still are not.
M's want to come and get my .0045! bring it!
yes it is! Hopefully we can get one more drawdown testing those lows from last week.
Wanting some more at .005 bring it to me baby!!
Come on someone sell me at $.0045 again!
fantastic PA, looking pretty locked right now, nobodies want to sell! Great push, lets see it test our highs!
where in my post did i mention a conversion date?? Shares will be converted, and February will be here before you know it! If M's want to pull this ticker in until then they can and will, and a Merger Tweet?? Really, well thats a done deal then, hell it is the OTC... If i get my price as mentioned below, i can deal with a little dilution, that was my point. Inside gap was almost closed at the close today, so getting close! Facts is my middle name nobodysFOOL!
"If it hits my entry price it is. Want to see how these shares will be converted, naughty or nice... GL
We saw a black candlestick on 12/12 when we hit our high of .0241 and called attention to it. Now with the 2nd black candle on Friday and a new closing low today since GSTC broke out back on 11/22/22. Without a surprise pr, I'm personally expecting a test of the 50ma tomorrow of .008 nor would i be surprised to see a intraday flush down to that breakout level into the .006 range by weeks end without news! I myself will be heavy on the bid with open arms. GLTA
If it hits my entry price it is. Want to see how these shares will be converted, naughty or nice... GL
A lot of traders seem to think this, new and experienced, but they're all wrong. 0099 is outside gap yes, which was the high of the day, but the REAL GAP the inside gap is .0089 which was the close on the day! This is what's needs to close to proceed accordingly. GL
Look up the definition of a GAP bullish or bearish. Its always based on the previous CLOSE of the day.
A gap is an area discontinuity in a security's chart where its price either rises or falls from the previous day's close with no trading occurring in between.