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My condolences to you brother. May you find strength and love in these tough times.
The split sure shook out a good amount but those are tighter now than ever. I truly think the split PR was a major buying opportunity for anyone who still shares Mark's vision.
Only a matter of time. I'm curious to see how many .0004s are left, and then .0005s and so on. I'm confident it gets thinner quicker than many here believe it will.
Yesterday's massive down day was on ninety cents worth of selling pressure, to put things in perspective. Yes, less than one dollar worth of shares. I have been warning people for the past couple of months that heading to the EM was a real possibility and anyone who has been following shouldn't be caught off guard. The company clearly went dark/quiet and heading to the EM doesn't change anything in the big picture. The float is still locked and no one dumped yesterday or today. This was a shell and a waiting game before the EM, and it's still the same. It's a high risk/ high reward gamble that these guys are still going to one day go through with the merger. It may seem like a long shot but I still believe it's much more likely than the market has priced in, and the fact that it's such a perceived long shot is what gives this play so much bang for the buck. If these guys get back to current, watch how hard the market will snap back.
Frank put $20k of his own money into this and still owns all 150 million of his shares. The buyer of the shell still has control via his preferred shares. NEITHER of the two have made anything to date. As gloomy as it may look on the surface, I'm quite confident these guys have plans to actually make money off of this shell and merger. I know the pps is down a ton, but in reality there's a massive difference between trading at .0003 with no shares to be bought vs trading at .0003 with 100s of millions of shares to buy. There are no shares actually to be bought at the current price, it's purely noise and doesn't indicate an actual market for shares in the these price ranges.
What do I know? Well I did buy the 2020 base and did sell into the 2021 speculation bubble, and no I did not tell anyone to buy when I was selling. Over the past year I've averaged into round two here and given enough time I think this will break the 2021 peak, despite how despondent things may look right now. Getting off the EM is a mere formality when they're ready to rock. Nothing has changed in the grand scheme here, the EM just extends the company's dark period longer. They may actually just be waiting for the two year phase to play out so when it's time to announce the merger, they can raise capital into the sentiment reversal.
The company will need to spill the beans on these updates they're teasing to get back to that level. I will say this though, the bottom is being put in day by day and bit by bit. .0003s are getting thinner and thinner to the point where there appears to be only scraps left, a million here and million there, but if you want to load 10s of millions I think you're bid sitting and hoping for the best, otherwise sooner or later .0004s will be the new .0003s. The real fun happens when the supply at these tick by tick levels gets thin and the buying spills over. I truly believe this is way closer to a monumental breakout trigger than the market is realizing atm.
1. I'm probably the only 'pumper' here and I'm not trying to support the price from the .02 collapse. I've been vocal about buying the dip after the crash and am averaged in the low .002s. The announced merger that you claim is a fraud also very well could just be a much longer process than the market realizes. What's funny is that the new buyer went completely radio silent. If this was a pump and dump, holy crap did they drop the ball by not even trying to pump their merger whatsoever. Frank issued a PR and that was it, the buyers haven't said a word. That said, there's ample evidence that the buyer did in fact buy and still owns the shell. Watch what happens when the market prices in a fraudulent merger only to realize that it was still on the table, but much much later than anticipated.
2. You have zero proof of Frank and friends selling anything. You can claim it but you have zero proof. And to say Frank owns a small amount on record shows you don't know what's going on here.
3. Good luck with that. Make sure to show them all the 'proof' you have of Frank and friends selling.
4. Hey hey, we agree on something. Cheers.
Had a similar story as well. Expensive lesson learned.
Risk and money management, plus me NOT wanting to file as a 10% insider, are my limitations on any position. I do love the gamble here but I'm only willing to risk so much at any given time, and trust me I already own more than a few. If I hit a big winner elsewhere I may top off my position, but for right now I'm at my current max that I'm comfortable with. If nothing else if there is a dip from here, I want to be able to add into the selling pressure.
I also disagree with the assertion that there are as many .0004s as anyone wants to grab, but the only way to find out is with time and buying pressure. We'll see.
Yeah, is that one would think? Interesting.
There's a difference between can't and shouldn't. I own a lot as is but risk and money management is keeping me from going to my max position size.
So many sensitive replies to my comments, sorry I can't reply to them all. Looks like I really got under some people's skin.
Grace period is 15 days and it started on the first. Also the OTC updates tweet tells you the start and end time for the grace period.
🚨 $OCLG
— OTC Updates (@OtcUpdates) January 1, 2024
💰0.0025
⏳, Pink Limited, AS: 1.7B, OS: 1.7B, US: 1.4B
❗Grace Period Added
⚫Dark or Defunct Badge Added
Grace Period End Date Added.
🟢 2024-01-15
Grace Period Start Date Added.
🟢 2024-01-01
https://t.co/KHNJIMdjNo
Monday the 15th is the cut off date, I'm not sure how motivated they are to stay off the EM.
Compare DNAgo's research and development page vs the Han Bio Korean site's R&D page (Han Bio USA doesn't have it's own site), they are identical down to the US patent they applied for back then.. which by the way was just granted on Dec 26th.
https://dnago.ai/other-research-areas-achievements/
VS.
https://www.h-bio.co.kr/eng/contents.asp?g=40003
You can then go and check all of the pages and see they're all identical. And if you look at both Han Bio USA and DNAgo, they're both owned/registered to Young Ju Kim. In my head the question isn't whether or not Han Bio and DNAgo are related, it's whether or not they're still merging with $OCLG and is Kim still the shell's owner? The fact that they updated the officer list on 11/30 at the Nevada SoS and OTC Markets I think implies that he is still the shell's owner, but the market wants to see it officially announced.
Ah, so the person who doesn't make a living trading/investing in the OTC is telling the person who has done just that for the past 17+ years and counting how to do it. Gotcha. I absolutely love the confidence, keep up the good work. I'm sure it'll take you real far.
You must be very successful in your trading ventures then, congrats. I'm happy to do this gig for a living too, beats punching a clock that's for damn sure. As much as I appreciate your expert advice and words of wisdom, I'll stick with what got me here and take the calculated gambles when I see fit. Cheers.
That's your opinion and I have a very different one. That's what makes a market.
Well I've already bought quite a bit, so it's not like I haven't been buying a boat load. But the reason I can't keep hitting the ask is capital. I only have so much to go around and park into a play like this. Though I love the odds here, the only way I will play something like this is with money I can afford to sit on indefinitely, so if it takes Mark and co. a year or three to get this going, I'm not panicking.
Besides all that, I have a comically large position already. I just wish I could go balls to the wall and get to 9.99% of the o/s at these prices.
Dilution is ever present in the OTC, even the good ones need to do it to fund operations. It's literally the reason private companies go public, and yes very often it screws over shareholders. Dilution adds a certain amount of supply which obviously impacts the supply vs demand dynamic, and the more the supply outweighs the demand the more it will go down. That said, if the demand is heavy enough, it will outpace the supply added and in a strong enough market a company will be able to get a lot of bang for their buck so to speak. Like I said, a company will ALWAYS prefer to raise capital into a strong market for their shares, and in those scenarios it often will behoove the company and shareholders because the demand is outpacing the supply and the company is using those funds to help grow the company.
So of course he needs cash, but he also is sitting on a massive opportunity to raise quite a bit of it into a very favorable market. Dilution is just one part of the system, if you're looking at it purely in an either or/ binary aspect, you're missing out on lots of nuance so of course you won't see a major breakout setup staring you right in the face.
I only wish I could buy this opportunity more aggressively.
When the market breaks out of that 10 year trading range, which only requires a break and hold through .001, it will also be speaking. Watch what happens when the market realizes the sell off on the split announcement was the wrong reaction. Watch how differently this trades when it's holding above .001 (or .05 post split). The best opportunities in the OTC are when the traders and investors are all lulled into this sense of having it all figured out, thanks to a long established norm. Oh this hasn't broken out in well over a decade so that means it never will? Interesting, I see a major breakout point at .001 and that's a very modest distance from here in the grand scheme of things. The market has a way of breaking a key long term level like that when it is that close, especially when most of the retail market doesn't think there's a chance in hell it'll happen.
I only wish I could be even more aggressive with my buys down here.
Han Bio USA was just granted their patent after 3.5 years since their application was submitted. Though it hasn't been officially announced, I do believe that DNAgo is Han Bio USA and my thought is that they've been waiting for all of their ducks to get in a row before officially going public with everything. For the sake of generating interesting and momentum right off the bat, having this patent granted before going public will have them in a strong position right away.
https://trea.com/information/method-for-producing-stem-cell-culture-plate-available-for-tissue-engineering-us/patentgrant/57c5f46c-cbd0-41c5-b782-dce2a921ce6e
Raising capital is part of the process, but 10 times out of 10 a CEO would prefer to raise capital into a strong price breakout/bull market/uptrend with ample liquidity rather than crush their own pps and shareholders into the dirt. The problem is that is rarely a possibility but when it's a possibility, trust me when I say a CEO would prefer that over crashing his own stock.
All that is to say, I'm sure diluting will be a part of the gameplan but this chart (12 year base only needs to break .001 (.05 post split) for a blue skies breakout) and this IP market are the perfect vehicle and opportunity for Mark and co. to be able to raise capital into a very strong market for their shares. This is possibly the nicest chart on the OTC right now, nothing has as long of a base (12 years) with as close of a breakout trigger point (.001) as this does and it's not close. I seriously think people are misjudging how well this reorganization is going to be received by the market.
I've been buying for the past year or longer, averaging in at these prices, as have friends and family of mine. We're not quick flipping this, it's a longer term swing trade. We're gambling that the merger is still underway, evidenced by signs of life like the CEO update and the Nevada SoS business license renewal. We think the market isn't pricing in the possibility that the merger is still in play and though it's a high risk gamble, it has enormous upside if it pans out. I don't think it's time to sell, if you're patient and risk tolerant then I think it's time to buy/bid.
I never told people to buy when I was selling. You're hallucinating and rambling.
I'm getting some fills on my .0003 bid today, thanks to whoever is selling.
$OCLG has to get their annual report filed by 1/15 or they're going to the expert market. The more I read about the expert market and think about this situation here, the more I think the company will let it go there initially.
— Professor Brainiac (@ChartDiligence) January 8, 2024
I believe the signs here point to the merger with…
Calm your tits, buddy. I'm holding my entire position and have been holding for over a year. I didn't dump anything. This random person lost money on the run up to .02 back in 2021 after it topped out and crashed back down to earth and he's taking it out on me. He chased the hype back in 2021 and now he's bitter and taking it out on me. These current prices aren't the highs I was referring to, it was the 2021 highs. I bought the 2020 lows, sold the 2021 highs, and have been adding these lows for well over a year now.
When I bought in 2020, everyone hated the stock, so few else were buying. Then it ran like crazy after enough time passed.
When I sold in 2021, everyone was hyping up Frank and this play and basically the entire OTC was getting pumped. Turned out to the right call, too bad I didn't play everything else as well.
Over the past year everyone hates it again and I think it's a better buy than it was in 2020. I'm not pump and dumping, I've been buying and holding and posting here for well over a year. Hell, I've been the most grounded pumper you'll ever see. I've made sure that everyone that is following this knows that if the company doesn't file their annual report by 1/15, they go to the EM. I've been up front that I think this is very risky, but at the same time great risk vs reward.
You have no clue what the hell you're saying or think you're seeing.
Sucks you bought the highs, hopefully you learned a lesson about chasing.
BTW, some of those .0004s were me hitting the ask. Just in case I never get any more fills on the bid.
He never got out, imo. He still posts on X and I've had some back and forths with him. I believe he's just not as vocal right now because it's a waiting game until we hear from the company about this next step with Finra. Sometimes it's just better to shut up and wait for the next phase to commence.
$MIKP I keep pounding the table on the future of this company with MULTIPLE blockbusters coming…
— Cornerstone Marketing Inc. (@jeff_lien) January 4, 2024
HUGE contracts signed and NASDAQ dreams…
The reorg and pending name change to Arowana media on deck!
Keep this HIGH on your watch list for 2024 this one could life changing/zip… https://t.co/GK1GAtJ6GU
I'm not getting any of these .0003s hitting the bid. Feed me!
Chipping away at the wall. I'm still hoping to get some more on the bid but it's possible .0004s are the new cheapies from here.
I was referring to him saying there were .0004s available for people who wanted them. Like, no shit sherlock. I never said there wouldn't be, I said I suspected there would be less available at .0004 than there were at .0003. I don't care that he called me a genius, that was nice of him. My point was he's arguing something I never said. If there are like twice as many shares available at .0004 as there were at .0003, then you have a valid point to argue. Saying there were .0004s available like that's some big own was my point. There better be .0004s available, it's called liquidity. And that was very nice of you for sticking up for Lucky MyDog. The internet needs more white knights, that's for sure.
.0004s getting some nice whacks today, should be a little battle here at .0004 before the markets wants to use that as the next support level.
Having a bad day? All I said was I suspected there would be less supply available at .0004 than there was at .0003. There were easily 200 million or more shares up for grabs at .0003 and now we get to see how much is available at .0004. Maybe I'm right, maybe I'm wrong. It's funny to me to see you so invested in stocks you're not holding, telling everyone how dumb they are for doing what they're doing.
Always the smartest guy in the room.
True, so far no real demand for .0004s so I'm not in a rush to pay that much yet. I have a suspicion though that there will be much less supply at .0004 than there was at .0003, and less and less as it upticks from there.
I think .0003s are going to be fairly tough to get filled on moving forward and there's likely only scraps left if there are any to fill. Now as we are looking to inch up, I'm really curious to see how many shares are available at .0004 and then each level above from there on up. The initial flirting with a .001 breakout back in late June was just the warmup. It's a 12 year high water mark and it's very common to see the first attempt to break through a level as significant as that end up failing. The ensuing retest is often the real breakout and I highly suspect we're getting closer to seeing that play out.
I've been trying to get .0003s on the dip over the past few months and I'm going to start to accumulate .0004s pretty soon if I don't get any more .0003s filled. I know many people are saying that this is going to see more selling after the split so I'm holding out hope I can still get filled on more cheapies at the bid, but honestly shares are getting harder and harder to scoop here. I'll be surprised if I can get many filled at .0003 (.015) or lower moving forward. Prove me wrong and sell me some at the bid! Especially if you think this is doomed to go lower post split..
Good question, most charting services register a candle for a zero volume day, and just mark it at zero volume. Personally I don't think there's any difference between a 0 volume day or a 1 or 2 million share day, let alone less volume, or at least not enough of a difference to warrant not including the candles in the base. I look at very low volume trading as being significant in it's own way, and that goes all the way down to zero volume.
You're absolutely right, it's possible that the company just dilutes and breaks through the 12 year floor, but the fact that the base has grown to be this large is a hugely positive sign in itself - I believe. A base this long begs to be triggered one day, and honestly the conditions here fall perfectly into that idea. Breaking .001 (or .05 post split) is not far fetched in the least bit from here, and that opens up a huge opportunity for the company to take advantage of. The ability to raise capital into a 12 year base breakout is a dream for any OTC CEO. I think these guys will allow it to breathe and move post split simply because the opportunity is way too amazing to not jump on. In this market, with this long term base begging to break out, I can't tell you how much I like our odds.
My guess is the ask just gets thinner and thinner from here. The .0003s are virtually all gone, now I'm very curious to see how many .0004s are even being offered now. People here won't know hit them when the L2s shift here. .001 is a game changing level and really it's just a hop skip and a jump away.