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Thanks LJ, you addressed what i was wondering about if merger what value would be, and possible dilution affecting price, will hold till earnings than will revaluate.
LJ Bodhi any opinion on recent news, I enjoy all insight and thoughts.
Can not believe E.F. Hutton would get involved with out a plan that would work for them and shareholders. I have to believe they have a plan to deal with debt, share structure, getting it to Nasdaq. Maybe have investors on sidelines to buy up float and help increase share price. Plan for merger, Maybe great quarter with new clients, But what do I know I bought this and keep averaging down, but will hold for now and hope.
BOOM
$SKYE Skye Bioscience Announces THCVHS Late-Breaking Preclinical Abstracts Selected by American Association of Pharmaceutical Scientists Meeting PharmSci 360
read://https_www.otcdynamics.com/?url=https%3A%2F%2Fwww.otcdynamics.com%2Fskye-skye-bioscience-announces-thcvhs-late-breaking-preclinical-abstracts-selected-by-american-association-of-pharmaceutical-scientists-meeting-pharmsci-360%2F
Thanks LJ Bodhi always appreciate it, again if merger happens and when, and if little to no dilution, then uplist, then I think we see real chance of some good movement so I will hold into next year and wait.
LJ-Bodhi, I promise I only try to bash to the moon people. My question is could this also be a need to increase credit if merger is close, because if it happens they would also have to cover shipping for additional merger companies all in one line of credit. Also I will only start to get excited when I see they filed for uplisting again that should mean they have they have an end or a acceptable plan for toxic debt, that might be a while.
Web Page says coming soon ?
https://aabbexchange.com/
Company Needs PR Now after putting off launch True or Not. The exchange is planned to begin in October 2021, after testing and fixing the problems found, it is planned to open the exchange for two weeks only for employees and partners of the company for final verification services of the exchange.
UNQL 370 Mil Rev in OTC land, and it tanks, Dilution I think so, but hopefully all thing will pass, Still holding long term
Would have thought more discussion on Tier downgrade to yield sign and if company will address it and when.
Just a Guess, 5% ownership not disclosed
That is a paid add, not an article ( just want full discloser )
Really the best you got is to turn question in to question, I am not here to argue with you. You are the one who has said Clive is a Cowboy and he deserves his day. Prove he is not dumping.
Benny, not saying it is not being manipulated by them, just would like to also say Clive dumping of shares is also huge problem here because at some point MM"s will have to let it run even if it is at $ .01. Mr. Daniels will have to become major share holder of 10% just to slow dilution. MM"s and daily PPS drop.
Benny as much as I would like to believe you that Mr. Daniels is here to help and share price $5, it looks like Clive and MM"s are kicking his butt. I Was hoping for a real fight like Ali vs Frazier ( for those who are old enough to have seen a real battle of the best )
The current coin is suppose to be backed by 30 million in gold that was part of the sale of previous gold mine, if that is what you mean. That is why others are asking about audit, along with share count, people want to know that it is really there and who has it. An audit is needed to show all what share count is actually, is it MM manipulating, if so force them to cover, or is it just all the toxic shares causing the price drop alone. And who has the gold and cash and where is it.
Exactly what I mean, You have your coin, and say you can own 1 ounce or 10 ounces or a 100 ounces bar instead of 1/10 of a gram. No Banks, No Dealers making a markup. The exchange makes money, the miners make more a WIN WIN all around and larger group of investors. So many possibilities to change the way gold is exchanged throughout the world with a valuable commodity that has been used for ever as a means of exchange. Than add a silver exchanged coin, and so on.
Auditor was change on 4/26 within 8k form
My view of the value of AABB and why I bought. I bought AABB because of the coin, exchange, and related items. The acquisition of mines are more worry some to me. When people quote our CEO has gold fever that is just noise. If people who know even a little about gold mines and AISC cost and what it takes to get a gold mine up, running and profitable they would understand why I think the gold in the ground is not where the money could be from for AABB investors.
The exchange, coin, and related items could be valuable for some of the major gold mining companies to use to sell there their gold straight to the market at a larger profit not having to have a middle man involved. That's where the money is, selling the exchange to the miners. Recent articles from a CEO talks about this and how they have changed there thinking.
People talking about Volcanos, other countries allowing Crypto. Getting exchanges set up in those countries will probably be done by all other exchanges, but if it is done, and this coin explodes, they do not have enough gold on hand or able to come out of the ground at a speed that is able to keep up, hence the need for the major gold miner.
Every day there seems to be noise on this board about another thing this company is doing or moving in another direction. I do not think there are enough employees to set up a volcano for crypto mining , hell why don't they mine the moon while there at it. Finish the exchange first get it up and running and let the market decide whos in and who is out.
I included a link to a favorite miner of mine, take a look at what it takes to get the gold out of the ground at a AISC that makes me smile. Make sure you view the images on bottom of page and see what I am talking about to become profitable at mining gold.
https://www.kl.gold/our-business/canada/detour-lake-mine/default.aspx
LJ Bodhi, I check the up listing ever morning for research of UNQL and other company's. Some times company's do respond to share holders that the reason the up list was not completed was because of toxic debts not cleaned up or not properly addressed in up list fillings. Is this why you think UNQL up list has not been completed . Thanks for your response in advance.
500,000,000 Shares give to CEO, raising outstanding to 6 billion, I got out of this POS this morning at a small loss good luck to all
Hit the 1 month high, need $.0125 to move to $.0164
Pre market $.0086 would be nice if Bergio also announced end of dilution to let this puppy run.
ALL GOOD, Tells me we are moving forward, have to remember this is from March 31. This needed to be done to also help to move up to next exchange with new valuation. Hoping next news will be road and rail started, and then hopeful for offtake agreement.
Gerald Group and Anglesey Mining both hold huge stakes in company and between the 2 of them and insiders holding shares want this to move forward. I can not imagine these 2 not behind the push to move forward.
"Gerald is one of the oldest and the world’s largest commodity trading company focused purely on the merchanting of non-ferrous, ferrous and precious metals, as well as related concentrates and raw materials "
They hold more than 32mil shares.
Anglesey has a 12% holding in LIM. From there web site "In light of persistently stronger iron ore prices over the past two years, and with increased inquiries and expressions of interest from potential off-takers seeking iron ore supply and with encouragement from local indigenous stakeholders, LIM is now working to advance Stage 2 of its planned direct shipping ore mining operations, which involves the development of its Houston deposits"
Holding, Lots of people want this to go.
Trying to sell millions and millions of shares of toxic shares a month also looks similar to what you are seeing and probably both. Again love the coin and its idea, do not like the toxic debt and wild predictions on a weekly basis, and then nothing happens, makes the stock look bad. Would like some realistic predictions with DD
Toxic Debt my guess
2 Hours left for MR D to come and buy 10 big this week ???
8/13/20 "Yes most likely be increased to 10 billion, no biggie!
with MEGA NEWS coming up Clive and Luis will be long gone and Company can really get cracking on future projects." Post # 15230
Still Waiting, will it be at close ??? Looking a little iffy for this week
"WOW! WOW! WOW! MR. DANIELS CONFIRMED NEXT WEEK 10 BIG ONES!!!"
Selling to offtaker has its up and downside. If offtaker finances costs at a discount for set price of ore, profits help to get locked in at a set price, you will know what you will get for possibly years to come. Low startup cost, not looking for buyers. Downside, they have more influence on you, if price increase you sold to cheap. If it goes down they might try to renegotiate
.
Possible financing options, Dilution of shares to raise funds, ( I hope they would not be interested with this, I like the outstanding share structure ). Toxic debt ( absolutely not ). Bank financing with line of credit. ( Best option if no offtake ). In the end they own equipment, and other assets but would need to be expensed over mine life.
Downside to financing, The cost of money borrowed will determine profits. If their is a collapse of ore price we are holding the bag with debt.
My vote is offtaker with 3-5 year contract with minimum price of $140 for the contract term with a maximum price set at a discount to offtaker of ore at time of load. ( If ore price @ time of load is $220, discount of 10-12% } would be great for both parties, they make money, we make money. Just my opinion
BENNY how about we work on $.20 first, Then we work up from there. "ROCKET LAUNCH OVER $1.00 COULD HAPPEN ANY MOMENT" what time frame, 1 day, 1 week, 3 months, etc. I am long this stock but some recent predictions and actions by people starting to make this look a little iffy.
Why is Clive selling when price will be $5, Address to El Salvador office please ?
So Benny should we sell now and repurchase at .02 so we end up with 7 times as many shares ? Really
Did BENNY just say this could go to .01 and bounce to $5 and watch it and learn ????
Will yesterday be our last chance to buy under.15 or will today, or will it be tomorrow, 5 minutes left Same bat time, same bat channel