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The pps has been getting trashed, even though the share structure hasn't changed since December. The selling is ugly but where is it coming from if it's not dilution? TA verified s/s numbers haven't gone up since December, and that's the official number (last updated 2/10). So my question is, where is the selling coming from? Specifically, where did all the selling pressure come from on 1/12 when over 210 million shares were dumped? The o/s didn't go up, so what was it? For reference, that's 3x the float so that's a huge deal. Now the market cap is $750k here?! Like what the actual heck is going on? It's trading like a float that is 10x or 20x that much.The only two answers I can see possible here are they issue a PR and say whoopsie daisy we forgot to report all that dilution (even though there's not even that much room left in the A/S so only 63 million would have even been possible) or else that 1/12 volume bar was a whole lot of panic selling caused by some sort of naked short dumpathon. We'll see, but imo the company will release more PRs before too long and they will be good news. Hopefully.
I'm cautiously bullish, but one way or the other there's something funny going on here. I'm hoping it's a funny profitable sort of funny.
When it comes to these OTC mergers, the initial agreement is the easy part, it's the legal and technical stuff that takes a long time and offers up a ton of obstacles. Many times an agreement on paper never makes it to fruition because there's too much time and money involved to go through with the merger and consummate it. So all that in mind, there's clearly been a hold up here. The company hasn't updated the market with a PR since May. That was when they announced they would be merging with DNAgo.ai. The crickets ever since then have the market convinced the deal has fallen through or was an outright scam. My take is that these things take much longer quite often, but the signs point to this still being 'in progress'.
The last court date was in Dec and that was when Frank was discharged as custodian, so the merger is still a go based on that imo. The new site OCLGtech.com I stumbled across via random google searching for DD. It spells out all of the info the company (including both old and new entities) are working on, however it's clearly not yet meant to go live for visitors. Same goes with the IPOpg.ai link, with links to $OCLG. It looks like the info is all there, but if you dig in the site still isn't fully ready. While the sites are signs of life, they were never officially announced and if their IT guys were better the sites would be sandboxed and not visible to the public yet. That said, imo it's tipping us off that things are still a go.
My final comment is on the massive 250 page market report ($5,500 if you want the full version) which gives us a big fat mention in their summary. I highly recommend checking it out, but imo the fact that they included us implies they have done a level of DD on us based on the authority their presenting with their huge industry report. It's not a pump piece for penny stocks, it's a legit industry report that just so happens to mention this merger. Why? I'm guess they are familiar with DNAgo.ai or the officers involved, and deemed this a big deal. Just my take.
All this is to say, it's not surprising what I've posted isn't helping the share price yet. No one is paying attention. Yet. It's probably too early to get all excited yet because like I said the company is still officially radio silent and those websites look promising but not ready for action quite yet. I think this is getting close to part two with the company springing to life with updates, however that times isn't yet so patience is still the way, and buying the dip here imo is the play. The fact that this is so unloved, so beat down, and so thinly traded makes the potential here ridiculous. The market is pricing in no possibility of a successful merger, yet what I pointed out is a pretty compelling argument that there's indeed something brewing here. Just don't expect the market to catch on until the company is ready to make some noise.
Link to the hereditary genetic testing market report: https://www.emergenresearch.com/press-release/global-hereditary-genetic-testing-market
I also stumbled upon this:
https://ipogo.ai/market-place-portfolio/
(emphasis on the top row)
Emergen Research has a 250 page report on the hereditary genetic testing market and the huge growth potential. I highly encourage people check this out because these guys thought enough of us to give us a very substantial mention.
https://www.emergenresearch.com/press-release/global-hereditary-genetic-testing-market
To be clear, this merger was announced in May of 2022 and the company has gone radio silent. The retail market believes this is a nothing burger and no update = the merger was a scam. This $5500 report sees it otherwise and gave it a very big shout out in 250 page industry analysis, and to be double clear this isn't a chintzy penny stock pump report. Read the link and you'll see what I mean. The fact that these guys spelled out our merger (article came out on Jan 3 fyi) and thought to mention such a teenie tiny entirely under the radar stock and company speaks volumes.
Remember the merging company here was an AI based biotech?
DNAgo.AI
Just because we haven't heard an update doesn't mean nothing is happening. What a perfect time to start announcing updates, with AI as big as it is atm.
At what point does the volume here become significant? Is 1 million+ shares traded in a day significant? 2 million?
You are speculating. Lack of evidence of an IP isn't evidence of there being no IP. We are too speculating when we say there is in fact an IP and the company has a path to significant growth. We'll see who's right in the end.
I don't know Bonar and I've made life changing money off of the first run up to .90, now I'm locked and loaded for the move to new highs.
Well let's see. They've said a whole lot about heat pumps in general and how much demand there will be, and the struggles there will be to keep up with it all. And they said quite a lot when they chose Likido's heat pump as the only heat pump in the GPG program. Now we get to hear all the updates and implications from that when the time is right.
I get more bullish with each reply. Thanks!
The DOE apparently thinks otherwise. I'll listen to them on this one.
https://www.gsa.gov/cdnstatic/Applied_Research/2022-Co2-Based_Heat_Pump.pdf
https://r744.com/u-s-government-selects-industrial-r744-heat-pump-as-next-generation-building-technology
Reality: Bonar has been buying on the open market and has the form 4s to prove it. I've tracked his buys on a spreadsheet and he's put well over $100k of his own money into buying shares off the open market over the past couple years, and hasn't sold a single one.
Undeniable fact with SEC documentation.
This is HUGE for the company
Because not everyone analyzes an investment through the same lens as you.
Cool. I'm fully sold on this company beyond a doubt. I'll take some profits into the strength as I always recommend, while also leaving a core position on the table for at least a couple of dollars. Ultimately I can see us going to potentially $5+. Let's see who's right.
I couldn't disagree more. The bullishness I feel with every fiber of my being is telling me to get ready for an amazing 2023. Quote this post, 2023 will be a banner year for Dalrada. Been holding a core position since 2018 and couldn't be happier with how the company has been orchestrating their growth plan. 2023 the stars are all in alignment.
Can't wait to hear about how the DOE Green Proving Ground Program went, the amount of potential here is almost unreal.
https://www.gsa.gov/cdnstatic/Applied_Research/2022-Co2-Based_Heat_Pump.pdf
Bonar has bought shares on the open market to the tune of over six figures worth over the past few years, with the Form 4s to show every single one. What you said is unsubstantiated ridiculous speculation, what I said is a verifiable fact.
More is known now about the company, it's amazing growth and the future potential catalysts than ever before, and our market cap is the lowest it's been in some time. The disconnect from the market cap vs it's fundamentals means the pps has a lot of catching up to do, especially now that the dilution is done. Seriously amazing time to be a DFCO, and congrats to anyone who gets in down here on the dip. This is a Nasdaq company in the making and you're getting in at pennies on the dollar imo.
Thanks for posting that chart! Blast from the past! What a story this has been, bulls had a lot of fun after they won that battle. Just like the bulls are about to take the next step now.
Beauty is in the eye of the beholder. Looks like a textbook bounce and reversal setting up. Big time breakout and squeeze potential on a break of .15 - .17 give or take. Look out above!
Is it just me or does the chart/L2s suddenly seem much more bullish these days?
The caliber of CPA isn't even comparable, an obvious upgrade. Don't be absurd.
The company made a huge upgrade with this new switch in auditors. One of the many signs of immense growth and progress.
This is the most bullish the chart and L2s have looked in as long as I can remember. I think the o/s is now fully diluted with OTCX essentially done holding us down. I can't imagine more favorable conditions for a growth company with all sorts of amazing updates and catalysts in the chamber.
Looks like a huge market sector for us to take a massive chomp out of! Bullish!
Guilty. I'm holding down the fort by myself for as long as it takes. My best trades/investments have all started out this exact same way, with me loading the boat and banging on the table, while retail can't see what I see. Until one day that they do and then it takes off, and the soaring pps finally brings in all the chasers. I'd rather buy the lonely quiet phase and wait it out vs waiting to chase a ticker that's running hard and I'm late to the party on.
No one cares that a company the market has completely written off has shown the biggest sign of life in months and is spelling out all sorts of potential future catalysts?
Watch the interview with Bonar on the main page of Dalrada.com, it literally addresses everything. The 4 main vertical segments of the company and how they work with one another, the business model, etc. These guys are actually crushing it, believe it or not.
Looks like the company is working on a brand new website. It's not an official rollout as I've only just stumbled upon it with my google DD dives, however it spells out a lot of potential. The DNAgo is clearly still a go, plus the company is working on quite a bit outside of that new merger, including a nice looking pipeline portfolio which reminds me of $ENZC. The company also looks to be hiring a lot of positions as well. Huge signs of life and what's to come in 2023 imo.
https://oclgtech.com/
https://oclgtech.com/pipeline/
https://oclgtech.com/careers/
It's called marketing and advertising and companies spend a ridiculous amount on it, for very good reason. No clue how you're trying to spin that as being a bad thing.
I believe you're right.
I absolutely plan to sell shares into strength. That's why I'm telling people to buy now when it's quiet and no competition for shares. Then when it wakes up and runs hard, you can sell some into the strength and lock in profits, while riding the rest of your position for higher levels. Trading 101. I've literally been accumulating for months now and will have a blast selling into the rally. I'll sell small portions of my large position on the way up, locking in my principle and letting free shares ride for much higher levels hopefully. By the time this gets to .02 I'll have locked in more than enough to probably be riding free, yet still holding a lot of shares for what i believe will be a squeeze to much higher levels. This is called trading. Of course there are pumpers who keep pumping and never mention anything about selling, especially nasty when they're pumping to their followers and dumping down their throats. I make my money the old fashion way, buying when I think something is cheap and then selling when the masses all start running in. And I'll let you know from day one I plan on selling into the strength and I advice everyone to take profits responsibly, then let free shares ride for crazier gains if you so feel the potential warrants it. Again, literally been doing this for a living since 2006.
I'm telling everyone now, I'm loading up on anything the market wants to sell into the low .002s or below that. I plan to sell responsibly on the way up. I encourage others to do the exact same if they so see fit.
Also, to everyone that think Frank pumped and dumped, on top of owning all of his shares still, did you also know that the motion to discharge custodianship was just granted in Dec (literally a week ago)? Hmm, maybe these things take longer than expected quite often?
These new guys are such an improvement over the last that it's like comparing Burger King to a steak house. So they hired an even more experienced, connected and expensive CPA because the last guys figured it out.
I'm sure the actual reason is what you said, and not because they're on a crash course for a Nasdaq uplisting and because MGO has government ties which will come in handy.
This one ain't crashing from this level, this is the bottom. Maybe a tiny bit lower, but the volume is dried up. I've been buying this dip since it broke below .003 and am averaged in around .002. Retail hates this stock now and people like you claim Frank pump and dumped, yet he never sold a share and we're a PR away from waking the machine back up. No news does not equal nothing going on behind the scenes. Smart money doesn't chase rallies, they buy the next winner when everyone is selling it.
I've traded for a living for nearly 17 years now. I first bought $OCLG in the trips and low .00s, and sold the entire way up. I was happy to move on but when I saw how nice of an opportunity this became again, with everyone so sure Frank pump and dumped yet 2 minutes of DD will show you that's not the case, I was happy to start buying back in the .002s and .001s. Naive? I saw the 2021 move coming a mile away and it was my largest winner in my career. How did you do? I'm telling you now, the odds this one has a lot more of it's story to go are sky high.
I'm buying up whatever people want to sell sub .002s, let's see who's right a few months down the line.
Zack Morris and the gang were arrested for pumping on social and then turning around and selling almost instantly. Frank is still holding every single share of $OCLG he ever owned. Nothing illegal.
Accountable for what may I ask? Frank never sold into the rally to .02. All that's happened is a reverse merger is taking an incredibly long time, which is actually quite common if you follow other similar plays. Definitely not illegal. Retail traders are notoriously impatient and awful at timing their trades. IMO this is the time to be a buyer.
..... and right back up. Sorry buddy, this one ain't crashing and if it does fall again I'm taking all the shares I can get sub .002s.
If it was a pump and dump then why does Frank own all of his shares he got for the custodianship and clean up process? All you're doing is parroting a lazy narrative that retail traders believe because this whole process is taking way longer than their short attention span allows.
Just because the new merging company hasn't made any announcements yet doesn't mean they're not working on things. I've posted this before, but there's a PDF link of a book on reverse mergers and the author said the #1 thing they recommend when a company buys a shell is to IGNORE the shell for a number of months and up to a year, so they can focus on the underlying business. Personally I'm glad there's been this long lull so all the quick flipping get rich quick traders can all move on, then I could get cheaper shares and they can come chasing when the market gets wind of what's next here.
I find it hilarious to hear people claim Frank is a pump and dumper here on $OCLG, when the last filing shows for a fact he's holding every single one of his shares. So Frank is holding his shares and the buyer of this (and $NOUV) clearly didn't take control here for no reason. Patience and watch the story unfold, and realize that these things don't happen on our watches.
There's too many to list but you can search Twitter with key words like reverse merger, shell, custodianship, etc.
I actually think many of the tickers that Frank spearheaded have the nicest charts and many of those are going to go onto make big moves. $NOUV and $OCLG were tied together but there's a whole lot more. $ICNM is probably one of my favorite charts on all these merger plays, also a Frank ticker. $VNTH has been beat up recently but that one has a decent shot. Search twitter and you should see many of Frank's tickers lumped together. The sentiment is awful hence the depressed prices on most of them, but this is the best time for potential deals.