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I guess we'll see; thanks for the insight. Note that I agree, 15MM as it stands alone doesn't sound like a lot for an OTC stock, but neither does $.50-$.70 pps or a 50MM OS and 300MM AS sound typical for an OTC stock/company.
Percentage wise, a 15MM increase is substantial and $7.5MM in stock value is a lot as well.
and buyers!
The financing depends on the pps reaching .01, the .02, then .03. This means a lot of buyers need to come to the table. If this doesn't happen, then the financing falls through. It's kinda a F'up way to obtain financing. Meaning, the assets and merits alone don't get the CEO financing, but a major % jump in pps does. In other words, the financer is saying that if the investment community doesn't believe in you, then neither do we and no note(loan) will be issued.
Her it is, plain and simple:
Halitron needs shareholder open market stock purchasing support with minimum thresholds of average closing share price of $.01 on July 15th, $.02 on August 15th, and $.03 on September 15th to receive debt financing
I told you there is a lot more to an acquisition of a foreign company. This is not a done deal as the announcements from the CEO have implied. They had to amend the agreement to allow more time, but more importantly, it still mentions that it gives each party an out, but now in a defined time frame. Essentially, the heat is being put on by LCLP and that is not a good thing. It may force the deal to collapse.
Another reason the pps is downward trending. Open up your eyes people. The CEO has a history of leaving shareholders out to hang when things go south. This filing is just that, a legal way of warning this deal may not get sealed.
This will be the true test of were we go from here. If the deal gets broken, this will drop like a rock.
So no comment on the 15MM increase in OS from June15 to March16?
It's been a lot more than just boring, it's been pathetic and extremely disappointing. I believe the CEO is diluting and if so, we can only hope it's to finance the business and not his home mortgage. Wait until the next financial filing comes out and we will see how much the OS has increased by. It went up by 15MM from June 2015 to March 2016, it's in the lasted filing.
Think of it this way....you buy a car based on the value it brings to your table, then the alternator goes out on it, then the taillights go out, you start wondering if you bought a lemon and maybe you need to get rid of it and move on. It's that simple.
So did the buyers.
Any idea what is driving this POS higher? Whatever it is, it won't last based on previous runs/spikes.
Don't be a bagholder, take profits while you can.
Couldn't agree more, typical penny POS action.
After today's pps action, may take 3 to 1. What a POS.
I just saw an email in my inbox from IHUB on HAON, though it's old news.....the one about 60MM in the pipeline; we'll take it though.
It costs money to get this news out, if it's on all the brokers news tables, why wouldn't it be on Yahoo Finance? Geeze.
Indeed. Too much good news for this thing to sit idle and meander. I don't even see a consolidation below .006 today. The news has to get out though for this thing to reach the CEO's critical targets of .01 by end of the week next week....and hold!
No doubt that everything seems to be on a very positive track. I'm not questioning that. What I'm questioning is the pps trends, effect on news, and trying to figure what could be causing an inconsistency between pps and the news. Per the last filing:
Common stock, ($0.001 par value; 320,000,000 shares authorized, 53,332,576 and 38,037,120 shares issued and outstanding as of March 31, 2016 and June 30, 2015, respectively).
So about 15MM shares were increased to the OS in a 9 month period. There is also no information on the restricted shares in the share structure announcement. "Not available" means what exactly? We all know some shares were applied to the Mobeego acquisition. Son IMO, there are just some holes that aren't filled and my theory is that this is why the pps is not trending upward with the news which bodes terrible for shareholders.
As much as I want to believe it, the MMs can't keep it down like that as many times and for so long with such good news. Something else is going on and I think the CEO is diluting. We need an SEC filing and the clarity he has promised to provide and maintain.
So another impressive news release and over 1MM shares in volume traded. And the result is another extremely unimpressive pps move. CEO must be diluting and/or 3rd party is cashing in for pumping company/stock.
A beast???? Really? It fizzled out again. Far from it. Dilution taking place. OS is going up. CEO has a history of abusing shareholders for his personal benefit.
So what do you think is the reason for the pps to behave in a continued depressed mode. The pps is terrible with all the recent news, why is that? I think the CEO is dumping shares and the OS is going up.
Investors understand the CEO history. Do your DD.
CEO is a scam artist. Watch your investment deteriorate. All should have learned by now.
This is a POS stock/company reeling in as many suckers as it can. CEO has a fraudulent history; just Google his name. That's why it can never gain any headway. Too bad!
It's what many predicted yesterday, but it just kept dropping and any bounce was slight and it was at the end of the day and weak. all this smack on Copperville is getting a little tiring.
Couldn't agree more on the dud part. Hardly any positive gain on such great news and a sell off at the end of the day to boot. I wonder if the CEO's past scamming of investors is keeping this from moving any further. It just can't get out of this new range of .50-.70.
After investigating further as a result of your replay, yes, you're right. Many thanks!
Can you capture an L2 for us and post? Don't have access.
LCLP pps trying to figure itself out. It is clear it will no longer run without a major event/result. No more fluff from CEO, it actually hurts the pps as it did in the most recent PR.
Old news.
Anyone fell like doing a share count to just see what % of the float is locked up? I know we have to rely on honest behavior here, so who knows.
I'll start, I have 1.9MM locked until pennyland.
No bag holders here...just hang on. No need to panic right now; if it drop to the .003s, then yes, there may be cause for panic.
Good call! Now's your time to jump in.
Traditional gap at the start. Should be a good sign.
I hear yah, any sort of decent (3-4MM) trade volume can swing this either way substantially in a heartbeat. Overall, I think it will continue to trend higher and hopefully you'll be able to catch an attractive gap. But again, as long as there is no hanky panky going on and anything can happen on an OTC traded penny stock/company, this baby looks like it could grow into a small child quickly. GLTY.
Even so, it would be a could opportunity for you to jump in, but I wouldn't count on it heading below .004 unless some drastic news comes out. This talk about share fraud is just that, talk and that's what these boards are for. It takes two sides to make a market and right now, I'm on the winning side.
I'm done with buying, I was lucky enough to catch this at .0018-.0024 and loaded up. I wasn't happy to then see it drop to .0012, but I gave it chance, held tight and low and behold. I already had one nice sell limit trigger yesterday in the first 1/2 hour. hopefully we'll see some leveling off and maybe even a small gain. If it takes off, even better
I don't have access to the L2 or anything for that matter, so maybe the buys slowly chip away at it. Does it then fall all at once, or get reduced over time? again, I can't see that. Thanks.
I believe MM NITE is either TDA or Scottrade. So some investor has a sell limit set at .0075 for 1MM shares it appears. Need more buyers to get through.
I've been around the block a few times on pennies. I have my strategic price triggers in place. One of four already went off this morning and I'm very happy. I may just even get happier later today or in the next few days. I certainly won't be getting any sadder regardless.
I'm taking more profits....have 1/2MM shares at a sell limit that just may trigger before noon.
Took some profits, riding 1.9MM free shares now. Hope you are too.
You mean starting the dump. Again, CEO has a past of scamming folks. I smell a rat.