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As of March 30,2020
OS 53,530,576
Float 4,354,160
High of day .39
And the dilution is continually absorbed
Yeah I still have hope for the stock because their revenues are increasing and if there is any truth to the company’s comments that they plan to pay off these notes eventually
250 million shares is not low float in my book
How can a low float stock trade 300 million shares in three days and go nowhere?
Over 100 million volume 3 days in a row is massive buying pressure yet CFGN always has millions more to sell at every price which allows zero sustainability.
As usual will go when the powers that be let it. The split second after that .2385 sold they put a .17 on ask to hold down. Tightly wound spring looks like to me.
Last week went from $1.23 to .40 on around 14,500 in about 90 minutes. Strange
Increasing 500k or more per day on OTC
Looks like it’ll take a 10 million share volume day to break through these diluters
Yeah luckily I saw it on the gap up yesterday morning but then thought I’d be smart buying after the big drop later in the day I thought it would at least stop at 48 oh well I will wait for a big PR hopefully
Down 45% per day two days in a row.
400k more OS today than yesterday now 2.7 mil.
Gapping up
Wow, twice in a couple hours this thing quickly jumps 20% , attracts attention,and then every bid is sold into and drops straight back down. Maybe eventually it will take hold..again. After all it was at .34 yesterday.
10Q out 25 minutes ago.
The PAUL WALL
Both PAUL & OTCX are diluters. But I got my 45s. Hope I’m glad
The last 10Q shows a long list of convertible note agreements
But these statements ring pretty hollow considering since he made them the dilution has continued unabated. And the fact they allowed this causing stock to drop from $2.00 to $.0047 in 9 months while business is growing to 5 year high.
I entered now on the hopes it is toward the end of it.
It has decent volume everyday, dilution is being absorbed everyday. Revenues are strong. CEO &CFO have commented on dilution & aim to pay it off & stated they want GAXY to trade on it’s own merits. Look where it’s come from- where it is with 2019 revenues & earnings strongest in 5 years. 2020 will probably be double 2019 both rev. & earnings. And trading near 52 wk. low. It was $2.00 nine months ago.
Great new orders, revenue etc. but IMO over 200 mil. float is not low float. And with all the delution that’s been happening we don’t really know what the float is we know the outstanding is over 235 million shares
“NY Gov. said today The state to convene with experts and develop a blueprint for education in the new normal”
GAXY could continue growth bigly if they continue to gain a footprint in this field.
I thought QB status needs to maintain $.01
Never mind I must have misread on Apr. 30
Did OS increase 100 million since Fri. Apr. 30? Apr. 30 thought I read 135 mil. yesterday May 1 235 mil. Was prob. cause of sell off yesterday .0058 - .0048
Yes it says it paid down the ones that had become due we just need to know balance. It’s all in the filings if anyone is astute at accounting they could probably figure it out
Wow these guys are ruthless
Well with 150 million shares outstanding is still market cap of just $795,000
(150 million I’m just guessing OTC says 135)
Oh well just got 138k at .0053 hope I’m happy. Looks like a solid company big revenues, CEO at least said he’s trying to pay down debt, and has paid down much. We will see
Anyone know how much dilution left?
88,900 volume. Volume weighted average price .091 What’s up? Someone bought 10,000 shares for $.15. Micro float
So this went up because Dr. Trump said it would cure the virus? He also suggested injecting disinfectant
Would help if there were a known reason
688% in 1 hour
Right, at 14:10:57 bid .012 ask .0125 cross trade of 7,000,000 went through at .0106