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And why authorize an extra 5 million shares? none of it makes sense! So many unknowns! os updated on otcmarkets thats the only difference wtf,
I reloaded ready for the next shitfest
You guys realize there is still no dilution here right?
The dirt prior to rs announcement is the same dirt as now. Lots of dirt on apple, doesn’t make a difference on their balance sheets
If it is a scam looks like their bringing their p&d to it to the big boards...
Still no dilution n same as/os ratio
Looking for re-entry
Since they are convertible preferred shares I believe they will also go through the r/s
I would imagine they are as shocked as everyone else… Not much left to say. Does seem to be a legitimate company which is what thier dd was based on But the retirement pipe dream is over for now
There’s no way to tell at this point, even if the business is successful there is absolutely no information on a good entry point at this time
“ Do what’s best for shareholders”
He clearly said he’s doing what’s best for the company...
Just because their doing a reverse split doesn’t make them a scam. Either way I sold Friday in that first min blood bath for a profit. i’ll be watching on the sidelines for opportunities.. it’s all about risk management after all
If you have fractional shares after a reverse split, for the fractional shares you may receive:
A cash-in-lieu payment
Additional shares to round up to a whole number
Nothing
It all depends on what terms the company chooses
You forgot to include the attorney Joe Laxague
https://www.cnbc.com/2018/02/16/public-company-changes-name-to-riot-blockchain-sees-shares-rocket.html
Can anyone think of a stock that wasn’t diluting before a reverse split of this size?
So many variables missing! how can anyone make investment decisions without the essential numbers that make up the pps.
If the A/S gets increased to 5mil after the r/s and he’s planning on a 50mil market cap RPO then 0.001 should be a decent buy.
I love gambling but this is a bit much, crazy to think will still have buyers here on monday after news like that and still no financial information or true plans on the SS
What a shit show!
If I have one share, will they just take it away or can I Sell it at 900000%
Following a reverse split is an a/s increase. Hate to say it but it’s black and white clear as daylight 1/9000 split.. Unless a mistake was made with the filings but that’s not worth gambling on..
I’m done here
Takes a month or two after the state filing...
A lot of people here trust you, you're suggesting a reverse split
Can you explain GRDO's very similar filings?
https://www.nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=tFBMiZuw0wZPS0VpjjUDwg%253d%253d&CorpName=GUARD+DOG%2c+INC.
not millions, thousands... if thats the case its 1/9000
??
cdel off the ask, top of bids
pre market traders at 26.. insane
Throw away your technical indicators
A lot of smart companies like Google decided with a small market cap valuation for their IPOs
50 million market cap reported here through various news outlets
Real investors were here this morning… Flippers selling at 10% loss right now before the eod rush
Typical day
Been trying to add here for a long time.. gtc orders about to expire... added 67 shares partial fill a few months ago at 0006 lol
now hoping to add around 001.. by the looks of it I might not get a fill
yeah maybe by 2022 like $100+ ..
good to have you on our side!
poor mm’s can’t even get this to trade sideways
No information on those common shares were disclosed in the supplemental disclosure… Doesn’t mean he didn’t acquire those shares on a separate transaction.. you should respectfully simply use “ I think “ as opposed to “ is”
Wouldn’t make sense for MD to do all this without acquiring those shares.. either way that information has yet to be disclosed
Already trading like a low float supporting the buyback speculation.. on friday 9:37am to 9:39 - 17 trades - 2 being sell - for a total volume of about 300,000 brought the pps from 16 to 19.. that’s not the typical behaviour of a bloated o/s...
Do you think he’s going to dump those shares for what… A few million $$? A broken company that’s going nowhere sure why not but that doesn’t seem to be the case here.. he probably wants to capitalize at a much higher level Without destroying his newly publicly held company.. The problem with a direct IPO aside from the high cost and other factors, is that often enough the public interest and volume is simply is not there, Therefore although the value is there PPS drops, resulting in what many people call “damaged goods” After spending on average 4 million and waiting 12-18months to finally start trading The public interest is already lost..
Humm lets see.. let’s say he paid 500k For the shell along with those 360m shares... then bought back 500mil shares on the open market at an average of .002, That’s a total of 1.5 million but wait! He’s has spent nowhere close To an average nasdaq ipo, he’s already trading and has huge public interest while owning %70!! Seems like a pretty good deal to me.
When I go to the casino I play roulette… Those odds are 50/50 for %100 gain or %100 loss
Most I can lose here is 100%
But there is no real limit to how much I can gain.. risk management is the only way to make money
With all the amazing DD here i’d say I’m sitting at much better odds than 50/50
Glta
Email from the transfer agent reveals 360 million restricted shares, might have some correlations.. I would imagine he’s been buying on the open market too
Another deadly advantage to acquiring a shell is having an existing shareholder base, ensuring volume and interest.. thats where many ipo’s go wrong. That was my main thought while re-evaluating my position at the 002’s
75% sells today and the price is still crawling up lmao
Shares are getting locked up.. I generally flip garbage just not worth it here.. I haven’t sold a single one yet
only buys at 0001, 002, 0065, 01, 018
potential downside I lose 100%
potential upside, I gain another %10000
1.5 mil on bid
nope, Transfer agent is contacted directly. No fillings needed for os updates.. Last updated on the 21st on OTC markets.. You can contact the transfer agent yourself.
Pacific stock transfer co.
800-785-7782
ihub is solid with the information.. there is definitely something going on with these 1 share trades.. I don’t see them on TOS either.. tried writing a script to count them nothing showed up.
Again with these one share trades going through… I’m on L2 on different tickers all day I haven’t seen anything like it.. i’ll be optimistic and say those are shares being retired one at a time!
Anyone else have ideas?
schall is a clown... Class action Publicity stunt guaranteed to fail
Anyone have a guess as to why all these 1 share trades are going through?
Barcharts.com use algorithms
Analysts use fundamentals
No algorithm can predict $2
Fundamentals are based on speculation here until those fillings get released
Current speculative valuation without accounting for growth is
20mil revs / 1.2bil X institution industry average p/e (x14) = $0.2333
Often with emerging growth companies P/E ratio far exceeds the industry average.
Not a fairy tale, dollars are within range especially if shares are retired.