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In my opinion the chart is indicating a drop between .0022 - .0024 and if they do not issue a good press release expect the stock to laggard. The candlestick is burning red and the wick is getting high, on Monday it might have a little run, but it will close down. Hope they issue a good press release otherwise it is just dead money or money on the table waiting to earn profits.
I am not trashing the stock, I am a shareholder, I bought at .0015 & .0019, my overall cost is .0017. I am holding for .03 and if a good press release is issue I expect a run to .35
Above is just my opinion and the way I am reading the chart.
By the way, I do own IGEN (beautiful chart and good product), SFOR I put a buy at 5 cents, did not get it and the stock shot to the .20 cents range. I bought TTCM, look at that stock it was .065, it hit .0095, I called it this week it would drop to .0081 and it did, but I think I will see .025 cents soon, it good news comes out I will estimate .17 cents, just my opinion. I bought SIRC at .23 cents and doubled (sold) and it was taken to $3.00 plus, is back down under $2.00, but I am watching it.
I was a shareholder of GTXO, but it is a dead stock, they do have good tracking products. I did look at it last week, but feel it will take another 3 months before it moves.
TTCM has a nice chart and I new profits was going to be taken, but I am set with a price to sell.
I am looking at .03 cents for BYOC and with a good press release .35 cents, again, just my opinion. But IGEN looks like a $3.00 stock.
Hope you are right about BYOC because I am a shareholder, but we need to be truthful and give an opinion even if one dislikes the opinion, it is not about trashing BYOC because they do have real clients.
Hope you are right about BYOC because I am a shareholder, but we need to be truthful and give an opinion even if one dislikes the opinion, it is not about trashing BYOC because they do have real clients.
I don't expect anyone to read the entire FORM 8K, but brief through it and look at the compensation bonus, up to 100% and no less than 50%. This appear to me and in my opinion it is about vacuuming the profits from the company instead of building growth and building growth will be lucrative to them in a just manner. They are getting paid to produce, but it appears the are getting paid so that they get get bonuses through production that is I see it will all companies. Here is the link... https://app.quotemedia.com/data/downloadFiling?type=HTML&webmasterId=501&ref=115630385&CK=1386049
First, let me make this clear, I am not trashing BYOC, I am still a shareholder, but from the chart it appears that it will drop between .0022 -.0024 - I hope I am wrong, but the only thing that will proof me wrong is through a good press release. I am still own shares because I think they will issue a good press release like a renew contract which will imply that they do have a good product and a new client, then we can have a cognac and a cigar over the internet. A piece of news like that will move this stock to about 35 cents, but this it my opinion.
I read four charts last week and called it...
TTCM, it went from .0065 to .0095 and stated it would go down to .0081 and it did.
BYOC, I stated when the Chanderlier Exit goes under it graph chart it support and ready to moveis time to buy and I called it at .0014 and it went to .0045. I also stated it will back off between .0022 and .0024, watch. Remember it hit .027 low yesterday.
Two more stocks I called, one I bought at .15 cents it hit .30 and this will go above a buck. The other one has every sign that this will be a winner and I bought at .0014,it hit .016 if I recall and dropped back, but this stock is a winner.
SIRC I bought at .23, I took my profits in to early the stock stock to $3.00 plus and backed off, I am watching it. This took place in a matter of a month.
So you said I read well, your quote of charts, LOL, hahaha
IF you want the stock that I know that will go up in my analyst send me an email, LOL
Remember your words... My messages and posts are my opinions only.
Please do your own personal research and always consult with a professional for advice in investments.
Forget about the day high, I am telling you that it will pull back between .0022 - .0024.
See the big long red candlestick on the chart? As a BYOC shareholder I am telling you what I am seeing on the chart, but I hope it does not drop.
By the way, don't call anyone kiddo unless you are older than 65
If I am correct you will have to admit I was write, if you are correct I will have to admit you were right, give it to some day next week. Only a good press release will hold the stock price from dropping. By the way, the day low was .0028, closer to .0024 than to .004 plus
BYOC will pull back between .0022 - .0024 (support)
What is going to move BYOC is its future expectation materializing, but being that this appears not to be happening this stock will continue to laggard and for now it is dead money.
You probably can kick a dead horse alive before seeing BYOC stock price on an uptrend.
This stock will be a good buy and hold between .0012 and .0014, but it is good news that will allow one to sell at a good profit.
Remember this that no news is good news, but no news is depressing to a shareholder.
I had the stock at a cent when and it went to 7 cannot recall the high. The CEO knows what he is doing and in my opinion he is positioning the company to be taken over.
Ask is .032
INTV appear to be over 3 cents.
Flyhalf, I am a shareholder, but you appear to be a one trying to hype the stock and I say this respectfully. Just hold on to your shares.
Overwatch, I received your message, really ponder on what I stated, penny stock company with no value will burn investor, they only used investors money for their salaries, to get rich and to pay their expense and not to promote the company, not to make that money work to increase shareholders value. With small high risk speculative stocks, I will not invest more than $500.00 and all I want is a penny or better. I hope it goes a penny for you, but a concrete press release has to be issued, a press release that attract real investors.
Are you saying that you bought at .0005 30 million shares?
Buy at .0001 if you do not own shares, but for one to buy at .0001 while losing their shirt is preposterous. Average down on good companies, companies that you know will go right back if you want more shares knowing long term will be profitable.
About those who are waiting for the stock price to drop to increase their position...
A those who invested in IRNC stock then say they are waiting for the price of the stock to drop so that they can increase their position, these people appear to not know anything about stocks. If they want to increase their position having the expectation that the stock price will rise, why don't they just increase at the current price and stop wishing for the price of the stock to drop? This goes with any stocks.
One invest with the expectation that the stock will increase in value, not hoping for it to drop so that they can increase their position.
For you young investor, if you bought shares of IRNC, just hold on to them and don't let hype push you to increase your position. As you can see that the stock went to .0006 and dropped back down and I am sure most of the shareholders cannot sell because they are losing money. I am losing money, but not a lot, but as stated with penny stocks I invest with what I am willing to lose and remember this, if you put all your eggs in one basket you better watch that basket.
IRNC is a high risk speculative stock and my advice to you if you going to position yourself with this stock invest with what you are willing to lose and as fast as it goes up that is how fast you will have to sell. If you are doubling, sell half to take your initial investment out then play with the profits so that if you lose it you lost the profits, the money you really did not owned from the beginning.
Keep this thought in your mind, you presently own a percentage of nothing and with a bankruptcy filing or a reverse split it will be painful unless you invest with the expectation that you might lose it all being that it is a high risk speculative stock.
I am a shareholder and with stocks like this I will only invest $500.00, at double I sell have my position to take out my initial investment with the hope that the profit I left will continue to rise.
If you don't care how much you lose then invest what you are willing to lose.
The above in an opinion I am giving from my young experience and remember, penny stocks are always hyped among shareholder because they think hyping will cause more people to position themselves in the stock to get the stock moving, it does not work like that, what works like that if the stock is being manipulated.
I wish all you to enjoy the fruits of your investment.
But sell the moment you make a profit, in bankruptcy they still can due away with old shares and shareholder lose it all.
How can it favor shareholders when they still can due away with old shares?
By the way, I am a shareholder.
New Subchapter V could be the Bankruptcy Lifeline Small Businesses Need to Survive, interesting reading... https://tryascend.com/blog/chapter-11-subchapter-5/
The problem one face is that reorganizing can cause them to due away with old shares and issue new shares and if you want them you will need to buy them, they are exempt from having to issue shares to shareholders at the subchapter V filing and if they do decide to issue old shareholders shares it will be like a reverse split.
Whether you get a grew cut haircut or a trim it is still a haircut, so both chapter 11 and subchapter V is still bankruptcy which one cannot deny.
I am a shareholder and before they when down to the .0001 the chart always looked good, but the stock stayed on the run way not enough fuel to lift off.
They need to issue a good press release, otherwise this stock will not move.
The question that you need to asks yourself, why increase shares? Increasing authorized shares of stock creates new shares that can be issued to existing shareholders to increase ownership percentage or sold to new shareholders to raise additional capital for the corporation.
If they give it to shareholders as a split then expect a reverse split down the road. Most likely is to be sold to new shareholders to raise additional capital ultimately diluting the stock and most likely reverse splitting down the road.
In either case, expect to sit on this stock for a long while. You probably will be able to sell here and their, but do not expect a penny stock to give you high return unless they do have something big.
By the way, I do own the stock.
To my recollection they were granted patent, but what is a patent if the company cannot generate business?
Many companies filing bankruptcy usually do away the old shares and issue new shares to the public and you will need to buy them, unless they are willing to give one share for so many of the old shares one owns, but I do not think it will happen with penny stocks.
They probably used shareholders money to fund their patent as I previously stated sometime ago.
If they file bankrupt you will lost it all and it appears that they did, so then you lost it all if that is the case. You own percentage of nothing.
One should not invest a lot of money on speculative stocks because most likely one will lose all and with this being said, with speculative stocks the moment you see a profit dump it.
A letter of intent (“LOI”) is a written document that outlines the intentions of the buyer and the seller during a transaction. Simply put, the LOI is the roadmap to the transaction, in other words letters of intent aren't legally binding. There's nothing legally wrong with signing a letter of intent and then trying to negotiate the items in it, but it makes you look like you're not negotiating in good faith. A letter of intent is generally not binding since it's basically a description of the deal process. It is, in effect, an agreement to agree. Thus, either party can cancel the letter at any time. A party that has signed a letter of intent (LOI) may be legally bound to honor it depending on how the letter is drafted. In a business-to-business transaction, a letter of intent normally contains a provision stating that the letter is non-binding. With the exception of "in other words letters of intent aren't legally binding" I copied and pasted the rest.
In short, a letter of intent will not move the price of the stock upward, pumping will. So here is the pumping phrase in this letter of intent... "The Company has over (1) 50 active corporate clients, including Eli Lilly, Purdue University, Indiana University and major local hospitals, (2) operations in Indiana, Ohio, Michigan and Kentucky and (3) an extensive experience, servicing many business sectors, including healthcare, utilities, government, financial and telecommunications".
By the way, I am a shareholder and under no circumstances am I bashing INTV, but facts are facts. By the way, many small companies appear to always release news on signed letter of intent.
As a shareholder I agree with you... Who is the company they acquired? Let me add the following, I hope shareholders investments are not being used to buy a company that is own by a family member.
Under no circumstances am I accusing INTV of fraud, personally, I believe it is a legit company and the founder does want the company to grow.
It appears that Bitwallet website's been active, unless he is talking about another bitwallet... https://bitwallet.com/en/
Peeteman, 14 patents means nothing, shareholders owns a percentage of nothing. In my opinion they are using shareholders money to pay their salary and fund their patent.
Give me your opinion on the above paragraph.
As a shareholder, I have no problem stating that Monday's news was a hyped press release. Another thing, I do not what to hear that their drug Brilacidin looks promising, that means nothing to me.
I owned that stock 10 to 15 years ago when the stock price was just cents and to my recollection they reverse split, but drop again. Stock appears to be falling off a hill. What is your opinion on the stock? Maybe they have something and it is being dumped to pick up low?
Not always the case, don't you think there are many big boys who are following the stock and the moment they hear something they are in?
Refreshing, posted on April 16, 2000, page 16... https://sph.nus.edu.sg/wp-content/uploads/2020/04/COVID-19-Science-Report-Therapeutics-20-Apr.pdf
Reads...
Brilacidin by Innovation Pharmaceuticals is a candidate being evaluated as a potential treatment for coronavirus. Brilacidin has shown antibacterial, anti-inflammatory and immunomodulatory properties in several clinical trials.172 Review articles suggest that immunomodulators, like Brilacidin could potentially act synergistically when combined with antivirals.