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HOLO yesterday was purely automated wash trading manipulation. With an O/S of 5M shares and volume of 190M shares, every share issued and outstanding changed hands, on average, 48 times in 1 trading day. Some crooks walked the price up and will trap folks with grossly overpriced stock.
This is a scam.
HOLO yesterday was purely automated wash trading manipulation. With an O/S of 5M shares and volume of 190M shares, every share issued and outstanding changed hands, on average, 48 times in 1 trading day. Some crooks walked the price up and will trap folks with grossly overpriced stock.
This is a scam.
What a load of crap…
Volkswagen did not merge into an OTC stock, that’s completely false.
Scroll down, it is traded as “American Depository Receipts” on the OTC. It is traded on multiple foreign exchanges.
https://en.wikipedia.org/wiki/Volkswagen_Group
Scams attract scammers.
No. It’s a scam. Has been for over a decade.
Once again, your little tirades are irrelevant to me, couldn’t care less. This is a scam, and I’ll continue to inform your marks.
Yeah, “pretty clear….” Sounds legit.
All of those others were pump and dump frauds like this one is. Pump and dumps go up, then they come down, trapping real people with worthless stock while you and the other pumpers run off to next con game.
It isn’t “due diligence” when you don’t seek truth and instead try to paint a false narrative on some huge company merging into a scam OTC company, effectively handing their ownership over to the shareholders of that company for nothing. No legitimate company would do that. It would be stupid.
It’s a scam, a variation of the China hustle complete with mysterious company and grossly exaggerated values solely intended to steal money from those that haven’t figured out the con.
That little valuation is a complete hoax, a fabrication by pumpers to run the pump and dump.
Listen, cupcake, your little authoritarian tirade is falling on deaf ears. I don’t care what you say or think, I’ll continue posting as much as I want.
This is a pump and dump scam, nothing more. You and every other pumper on the board knows it.
I couldn’t care less what you (in particular) or any of the other con artist pumpers do with your money or think of my postings. I’m not here to save you, you’re the problem, I’m here to inform the naive newcomers they’re being fleeced by you and the others using the fairy tale a multibillion dollar company wants to make them rich just for buying stock from you.
Got it?
The catch here is the $7B company is a fiction, a fairy tale told by con artist pumpers trying to steal money from anyone they can get to believe that crap. No multibillion dollar company is going to merge into a scammy stinky pink OTC stock and hand over equity ownership to a bunch of bagholders. That’s just absurd to even suggest.
SBFM looked (and still looks) scammy, like they did and offering/RS/uplist solely to get a huge pile of cash to pay themselves salaries and never do anything. That's what CUBT's first bunch of S-1/A's looked like, they weren't committing to do anything with the money in the "Use of proceeds" section except pay off that loan they got to fund the document prep and then pay their G & A. Since that got changed after the offering bombed to show what they how they were going to spend the funding (which, of course, showed they wouldn't have enough for any significant progress and would have to sell more stock), I think that was the main issue with the underwriter's clients and failure to sell the offering.
Be that as it may, they haven't said jack about it, whether they're working on it, abandoned it, not a peep, and they didn't have any real cash to advance any of their product developments. Surprised the shareholders aren't beating down their doors, not that it would do any good.
Final volume 188M...
O/S of 3M
Bankrupt company, delisted, I'd think, after today.
31 trades... all day long...
There is no interest in this stock, and there's a good reason for that. Company doesn't have the cash to do jack and has still not informed their shareholders why the uplisting/offering failed.
What a complete load of crap... Pumper math on the fairy tale of a multi-billion dollar Chinese company that decides to inhabit a scam shell and enrich its shareholders, complete with name dropping of Amazon, Facebook, etc.
Yeah, they do, and you'd think they'd have tracked the guilty down by now.
Volume is now 169M on an O/S of 3M. Imagine that....
Nope. That's backwards. His conversion PPS is $0.00025, meaning for every dollar he gets 4000 shares of stock. At $0.0025 he'd get 400.
So, a company with a decade long history of misinformation says a lender that had a conversion PPS of $0.00025 accepted 1/10th of that, just because it was "mutually beneficial."
Sure... sounds legit.
So, 300M new shares. That lender with the $0.00025 conversion price is grateful for all the pumping being done here.
Today's robot obsession is NVIV, O/S of 3M, trading volume approaching 60M as of 10:15. Here's the kicker: The company filed for Chapter 11, got a de-listing notice, and the price is up 150%....
So this company files for bankruptcy, is getting delisted from NASDAQ, and the PPS is up 139% on a volume of 58M vs an O/S of 3M. Every share has changed hands, on average, 19 times as of 10:10am... Nothing suspicious about that.
This is automated wash trading. Don't get trapped.
Scam alert. This is nothing but a pump and dump complete with fabricated Chinese company that nobody ever heard of, grossly exaggerated valuations, and 1.6B shares of new dilution. The O/S stated in their disclosure for 9-30-23 was 2.4B shares, and now it is 4B.
There isn't a chance in hell that a legitimate multi-billion dollar company would inhabit a scammy stinky pink shell and hand over their ownership to its bagholders. This is a fraud.
This guy had it right:
Ok, we can check off the "Drop a comparison to Amazon/Apple/etc" box on the pump and dump checklist.
What a load of crap. A $7B company isn't going to inhabit a stinky pink scam shell and hand over equity ownership to a bunch of its shareholders. That would be a monumentally stupid thing to do.
Dude. This is not an SEC filer.... They file their disclosures to OTC Markets and told everyone in the previous disclosure that a majority of the "voting power" had authorized the RS. Guess who holds a majority of the "voting power?"
You just refuse to read what the company itself said about the reverse split on December 14, 2023. They stated directly, the subsequent events section of that disclosure included everything up through December 14th, and that everything included the pending status of their reverse split. Like it or not, it remains valid, and no sort of pumper hocus pocus is going to change it.
There you go again with that crap. The RS is still on and valid. Once again, here is their disclosure, filed on 12-14-23, nearly 3 months after the deadline that you continue to circle to mislead everyone. That deadline was for the board to decide and act, and they did those before the deadline expired.
https://www.otcmarkets.com/otcapi/company/financial-report/389219/content
On page 12, you'll find the "Subsequent events" section, and here's what it says:
The reverse split is 5000-1. Looks like it is intended to wipe out the legacy equity so the owners of the private company that merged in can convert their preferred shares and wind up owning the bulk of the common stock, which should be expected since they used to own, collectively, all of the equity in the private company.
How's the China Hustle going?
https://en.wikipedia.org/wiki/The_China_Hustle
Still pushing the fairy tale that a thriving Chinese company wants to inhabit this shell and make all the pumpers rich?
No, it's a trade made between the bid and the ask prices where the MM doesn't mark it as either a "buy" or "sell." Usually, it's pretty close to the middle of the spread, some will mark a trade closer to the bid as a "sell" and closer to the ask as a "buy," sometimes they don't.
Walk the PPS up... check
Issue another BS PR... check
Dump stock.... ongoing
Up 50% on equal buys and sells. Nothing suspicious about that... /sarcasm
The people who "make out like bandits" are the ones who already know that it's just a fairy tale and are only pumping it to get folks who don't know it's a scam to buy their stock. I'm here to tell the folks that don't know they're being conned.
Oh, I'm sure this isn't the only Chinese scam being run here. Some are run on the same fairy tale being told here, that a thriving company just wants to make some pumpers rich by handing over ownership interests for nothing. Some got booted from exchanges to the OTC. They SEC was making some new rules for them to be here since so many of them couldn't put up a legitimate audit, not sure where that stands.
Here's some good info on my "China Hustle" reference. Same thing here on the OTC.
https://en.wikipedia.org/wiki/The_China_Hustle
Pump and dump scams go up, then they go back down, trapping the naive who believe that fairy tale with the bags of the con artistry run here. Seeing as how you can't find a board or quote for those, I guess they all died completely on the vine after the con artists took off with their profits.
Just another China Hustle pump and dump, complete with the fairy tale that a thriving company "over there" wishes to hand over their equity ownership to "a bunch of knuckleheads" who already hold stock in this stinky pink company and make them rich. No legitimate business would do that, it would be stupid.