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The word 'reverse' is not even in the 10q. Stop posting bullshit.
MAXD at .0042 very nice pinch
Claytrader video = final nail in coffin LOFL
award for most moronic post ever goes to... wait for it... you.
it's called a 'stock.' Some days more buyers than sellers. Some days the opposite.
you really don't know charting.. you just made that clear for all to see
lolol you really need to do just 1min of ..'research' and educate yourself on what a super 8k is.
Because it's not that.
BMXC starting it's way back to .04++
"High 4 figures" .... i'm in APRU at current prices so not to bash, but $9,999 max... would rather they hadn't even mentioned that.
LOL -46% "this is great!" People are here to make money, not cheerlead for yet another POS company.
That's not a split - they filed it wrong. It's an AS increase. 650M to 1.5B.
added 250k to 490k stack
happily averaging up all day
Stop relying on ihub.. go to EDGAR or even OTCMarkets and look at the exhibit to the 8k filed today.
It's right there in the 8k.. last time anyone needs to say it. Go look for yourself.
Redman: you would have had half of the world as shareholders and been NASDAQ qualified within say 3 months, because the price would have likely crossed the $1 threshold naturally.
Now you're going to have a dead post-RS market. You screwed yourself.
no... it's right in the 8k.
Learn control + f people... searched for 'reverse' the moment I opened the 8k
8k out- signed SPA- Oncolix now the controlling entity
April 4 is not 'd-day' of any kind. Wrong again. The deal is supposed to be closed on or about the 3rd. Then there's a few days for escrow to clear. Then there's the fact that new management will have around 15 different things to do just getting organized with all of the pubco service providers.
So in that, they have 4 days to 8k the material event. 4 days from when they determine the deal has 'closed.'
PSNX - by the look of the action per the chart, these little pops are getting the quick flippers out and all shares falling into deeper pockets. Cleaning out this whole range for a potential major run.
Timetable - please read a/o sticky:
Wanted to put this up so that people don't freak out prematurely.
Prospective closing (ON PAPER): Fri 3/31
The company then has FOUR DAYS (business days) to file an 8k regarding the change of control transaction. The 4 day rule is a formal rule, but if it's on day 5 no one cares. Which means say the transaction takes place after-hours tomorrow, or is delayed a day or 2, there may not be an 8k until next thursday or fri.
This company has been pretty good with filings (most OTC companies wouldn't even file a 14f) so best guess is that they'll file sooner than the legal time limit allows.
Even if nothing is seen by the end of next week, doesn't necessarily mean no deal, but yeah that wouldn't be good either.
IF the deal is done, the co. then has 71 days to file an 8k/A which will detail the new company's financials etc, will look like a form 10/super 8k.
REGSHO from yesterday:
20170329|AEPP|730286|0|3476398|O
730K out of the 3.5M total volume = 20% short. Were someone to go trade by trade this would account for everything that MAXM 'sold.'
Added 140k here today: MAXM buying back 100k at .08 moves the stock a lot more than 100k at these prices.
wrong, a super 8k is used to bring a currently formal 'shell' out of shell status. They could file a super 8k at their discretion as a means of providing enhanced transparency, but they're not required to. When the companies merge, obviously 8k, but the main requirement will be that they file audited financials reflecting the new company's numbers within I believe 64 days
$KALY 0016 bids now, 0025 min target
$KALY .0013 oversold reversal starting-
co needs 200k.. really not that much money in the business world. This is far from over, and only now will get interesting )
And if this was a company friendly selling, there could be a big chunk of what they need right there.
Precisely. Either short or just tried catching the falling knife before it hit the ground and now wants no one else to profit (aka a bitter hater).
I give 80% chance of a nice technical bounce here - this is on and will go on a lot more radars over the weekend.
Don't despair!
Great next week: agreed, cheers! Enjoy your weekend.
Have seen this before: company puts out a PR just like that, the predictable transpires (although this was insane), then within a couple days [good news!]
We'll see how this goes.
To those ignorant on basic securities law:
Kister is the CEO of the company. That means he can sell 1% of the OS every 3 months. 1% of the OS here is around 900k shares in total.
And that's not that it's up to him to stop selling at 1%; any stock he has will have clear restrictions on it, and there is precisely 0 wiggle room.
CTO calls CEO a fraud- how stupid does someone have to be to believe that?
More plausible: Maybe he's lying about the whole thing?
To not forget: all signs (except for ihub manipulators) point to an imminent merger with an established pharma company, with a drug already developed and already approved for human trials.
Similar companies WITHOUT a drug developed, with an SS like this trade anywhere from .50 -$5.
HUGE POTENTIAL.
Definition of gullibility:
In what UNIVERSE does it make sense that a company's CTO (Bosworth) would tell some random person that the company's acting CEO (Kistler) is "A fraud and under SEC investigation" ???
People - there is NO investigation, NO NOTHING.
You've all been played by a 5 or 6 member IHUB basher group. They post the same BS (SEC, investigation, fraud etc), buy the stock when it crashes and flip it.
I call absolute lie. The CTO told you the CEO is fraud. Absolute bullshit.
far from dead. Stable loading zone for whatever's to come