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No, there was no reverse split. ever.
The stock moved down because of terrible covertible debentures. however, that's OVEr for now for the next 42 days.
Enjoy
CC
Let me be clear. Check my other posts. There will be NO dilution for the next 42 days.
Any stock you see on the offer from PAUL, ALPS, etc. was purchased previously.
Check the filings. Its all in there.
See you at .05 soon
CC
I'm hearing this could be a good week. time will tell.
CC
430 K shares already done in P/M. .0097 last. never seen this before
CC
NOT this time. Read the financials. Understand the business. Its very real unlike most of the POS subs. Undertand that there will be no conversions for the next 45 days.
Have a great weekend.
CC
This will be over 01 on Monday.
Have a great weekend.
CC
I'll say it again. You're crazy if you even think about selling before 3-5 cents.
NO DILUTION for at least 45 days and probably loads of news coming.
Enjoy
CC
So how many shares are left at .0043 and .0044 now? LOL.
See you between 2-3 cents by September 15 if you have the guts to hold this.
CC
I reiterate. NO debt to equity selling over the next 45 days. It doesn't mean people won't flip the stock. there will be NO T trades. If you're here for a day trade, then good luck. If you're here to see where this is after school starts in September, you're going to make a lof of money.
Have a great weekend.
CC
there will be NO dilution for at least the next 45 days. Have fun.
CC
How high could or would this this stock go if there was NO dilution for the next 45 days?
Guesses?
I think that's all there is now. That was the crux of the discussions that were taking place. Buying out the debt.
If it was done, and company can move forward as we are told, things are going to get much better here.
CC
I can confirm this. Things moving along finally.
What a great time to be a buyer.
CC
I'm referring to what is really an "ATM" for the company at a slight discount the market. I'll have to look at it again, but its for working capital and I'm certain its coming to an end.
Cheers
CC
Read the financials. its in there.
Its not a "fake" ask. There is a convertible preferred that is being partially liqudiated. Once its done, this one is headed over $2. Accumulate here and profit.
CC
I think that is the plan. Early next year is the target
CC
They will need to change the $ amount on the offering. Obviously after power Up just destroyed the stock they won't be raising capital at $1/share.
CC
Brooks. My posts to you have been kind. Please reciprocate.
What I have said, is that there are "negoatiations" that have taken longer than expected. However, I expect a good result and buying stock under .003 would prove to be a great idea.
I've done quite well here in spite of the stock being down by selling small pieces on spikes and adding on days like today.
Once the deal(s) are done, this should move much higher.
Meanshile I have over 16 other stocks 14 of which are blue chips in my growth portfolio. 15 are up. 1 is down. This one.
I expect to be 100% soon.
owned blue chips include MSFT, AMZN, MRVL ( i love 5G stocks), ACLS (a GREAt under the radar chip 5 G stock), ABBV, AMD, MU, ROKU to name a few. The microcap I love is $MOGO a BTC play that trades on the nasdaq. And I' short KODK from 47.
CC
thanks for your comments.
CC
How much stock does AEXG represent? I've bought over 5000 shares at 1.32. Can't get them to move.
CC
Nope. When you get a 50% discount from the LOWEST price and you purposely smash the stock and make the low print, and then convert, you control the dilutaion and the subsequent price action.
There's more dilution to go. Guaranteed. When its over, this CEO would let the market know.
And YES< they can convert even with a stopsign as I've pointed out here before.
Buy under .001.
CC
Do NOT lose faith. Negotiations are underway. Its taking longer than it should have, but its in everyone's financial interest.
buying at .003 or under is a good buy IMO now.
CC
Get out for now.
Power UP is converting debt to equity and taking this one down. Enter again in mid August when they're done killing the stock
CC
Nice bids. This one would be nice to see a close over 005.
Added 1 MM at .00285 average
CC
found it. thx.
please show link to 353 MM shares outstanding. thx
just about to say, volume is here, stock chart looks great. Stock trading well now.
things must be moving along.
CC
whatever. Either wait for news or sell.
There was the T trade. Just over 19 MM
CC
They must have allowed one last conversion here. Looking for T trade. Added 2.5 MM at .0038
CC
no PM.
I understand the debt schedule.
If there's anything left the next 25 days, its now very little.
A move above .0047 today starts this.
Any news will move this much higher and expecially if I'm right that the dilution is over for a few weeks.
CC
now you're talking.
forget about the stocks for now.
Look at the two businesses. They are similar. $BOXL stock has gone up significantly in the last few weeks. They can buy this for cash and/or equity.
Here's a prior PR showing how they compete and why it makes sense for a business combination.
https://www.globenewswire.com/news-release/2019/04/16/1804685/0/en/Galaxy-Next-Generation-Tops-Boxlight-Corporation-to-Win-an-Entr%C3%A9e-into-Another-County-School-District.html
CC
No. to your question.
But what I'm looking for is a business combination between $BOXL and $GAXY. It makes sense for both companies. $GAXY even with the amount of debt left is worth way more than the current market cap of the company.
I hope to see a business event occur between the two companies.
As for the dilution, its done for the day, and it may be done for the next 25 days or so.
In fact, I expect it.
CC
No, its a "complilation" trade. An average of what the debt to equity seller sold his stock for including brokerage markdown
The fact that it was done so early in the day is a great sign that the seller is done for the day.
Expecting news this week.
CC
THERE"S THE T TRADE.
time to buy
CC
They are done for today.
Added 5 MM shares here. Once CFGN prints the T trade for the day, this should move up nicely.
EXPECTING BIG news this week.
CC
My costs basis is .08/share. I can NOT believe whats happened here, but i love it.
Any others?
CC
No. This is what the horrible debt to equity investor BRLL is working with does. They knock is way down, make one low print, and then do the conversion based on the low print.
There may be some lag time for them to do a conversion, but they will.
This one is being handled terribly.
CC
Why do you keep on posting this misinformation? There is an ATM offered for 2 MM dollars that the company can draw down on at a miniumum of 25 K /tranche at about a 20%discount to market.
Looking for $GAXY-$BOXL collaboration of buy out as exit strategy here.
Suggest others look at this potential.
But you must trade arround the debt to equity seller that is there and he'll be there again today.
CC