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Awesome! We're clear to copper next week then ahead of what I anticipate to be some massive corporate updates on $OCLG. Good to see strong players here. Thank you all.
Back from dinner! VNDM and PUMA had nothing behind 0055, right? Good. This is going to be soooo good. $OCLG!!!!
Oh yes, doogs. This weekend when I have more time, I shall break down OCLG's 10Q so all can review together. We're taking this baby to the top where she belongs $OCLG
Have a great Friday!
We have strong hands on the stock now so it will go nicely on SOLID news. I like $OCLG.
Chrion, I'm betting that there is nothing behind them 0055s. Wish peeps would take them their offers so we can check. I'm loading this because I am expecting major news to hit next week!
Did you see OCLG's forecast for 2Q? They will be profitable. Wondering how they managed to put together the proforma...bet there is something in the works that's coming any minute.
Less than 15MM in volume can move this one--->O/S true and float small, yes?
Liking this one. Will wait until lunch time in case peeps get impatient and want to give me their shares. You know I loaded $DIDG the same way, right? LOL.
Cheers and let's see what she does here!
break 0055 ---> penny cometh quickly. This thing moves on air.
$OCLG
See? What did I say? $OCLG is a strong buy for a reason. As you can see, their forecasting to be profitable by 2Q. Really?
$OCLG
Chrion, this is another one that will be completely CD free soon with one note that converts at 0,009 per share. Only a few can comprehend how important it is for a OTC issuer to be convertible debt free! Dilution KILLS and this company actually paid off the notes and saved over 30MM shares from hitting the O/S. That is impressive.
We're waiting on acquisition news next week.
$OCLG
HAHAHA, ok. Why don't you give me a breakdown of the entire balance sheet line by line and explain to me what you're looking at? Then after I read your explanation, I will give you my analysis.
This is a very good 10Q.
Any day now is the word - $OCLG. Load and hold for news.
It depends on what the plan of reorganization is. $WTSL has common stock A and B. They can cancel both and get acquired (and not operate as WTSL anymore) or new stock can be created where in some cases, current shareholders COULD get new shares of an organized company. Without seeing the plan, it's hard to judge at this point.
It also looks like $OCLG will be able to pay off the remaining convertible debt that are smaller. There is one note for ~$115K that has a conversion price of 0,009 per share which they ought to consider not paying off and allow conversion to go through because that would actually be beneficial to the Company.
There is a major acquisition pending that is already revenue generating and that deal should finalize any day hence this would position $OCLG to be cash flow positive and meet its debt obligations in no time.
$OCLG is a strong buy here.
Doesn't mean canceled. That is standard language.
$OCLG - EXCELLENT 10Q
Did you even read the details of the 10Q to make your comments?
Looks here:
NOTE 4 – ACQUISITIONS
Amian Health Services
On December 10, 2013, our subsidiary Angels of Mercy acquired the assets of Amian Health Services. Pursuant to the Agreement, the Owners sold all the assets for $100,000 represented by a down payment of $75,000 at closing and a one year Secured Promissory Note for $25,000.
The acquisition was accounted for using the acquisition method of accounting and the purchase price was allocated to the assets acquired and liabilities assumed based upon their estimated fair values at the date of acquisition. Identifiable intangible assets include patents and purchased goodwill.
The purchase price was allocated to assets acquired and liabilities assumed as follows:
Cash and cash equivalents $ 8,646
Property and equipment 6,000
Purchased goodwill 85,354
Total assets acquired $ 100,000
On September 25, 2014, we acquired all the outstanding shares of Esteemcare Inc. and its wholly owned subsidiary, Affordable Medical Equipment Solutions Inc. in exchange for a $400,000 down payment, $100,000 note and payoff of $173,433 in operating leases.
The acquisition was accounted for using the acquisition method of accounting and the purchase price was allocated to the assets acquired and liabilities assumed based upon their estimated fair values at the date of acquisition. Identifiable intangible assets include patents and purchased goodwill.
The purchase price was allocated to assets acquired and liabilities assumed as follows:
Cash and cash equivalents $ 12,449
Accounts receivable (net) 573,130
Inventory 106,165
Prepaid expenses and other current assets 860
Property and equipment 3,008
Deposits and other assets 10,551
Purchased goodwill 622,610
Total assets acquired $ 1,328,773
Accounts payable and other accrued expenses $ 454,877
Inventory financing agreements 125,463
Notes payable 75,000
Total liabilities assumed $ 655,340
$WTSL - This is great news as it looks like they have a prepackaged bankruptcy with DIP financing already in place and a plan of reorg!
I am a buyer here. WEEEEEEEEEEEEEEEEE!
WEEEEE! $DIDG!
You bet.This one will go nuts next week! $OCLG!!!!!! LOAD!
$OCLG is going BIGLY. This move is nothing, we just nibbling here.
Thanks, girl.
Thanks, doogie! I'm bidding this one up! Load her deep and hold here and she will make an epic move, bigger than our big win today!
Love this one! Trades true to float!
GO $OCLG!
sssshhhh. There are no dilutors in the box here and I don't think we're gonna see any for a long time. This is amazing.
Oh yes, it is! $OCLG.
wassup doogd! Looks like $DIDG is washing here a bit. 0023s on deck!
Good seeing you.
Also, there are pending acquisitions on $OCLG. Remember that this is a holding company. I like this one very, very much!
Appreciate it, Nadendla! Let's get ready for round 3 on $DIDG, shall we?
I will be with you all as I'm working on others right now ;)
What a great 2015 already!
Congrats Nadendla. $DIDG is on fire.
$DIDG has a blue skies written all over it, MM. The 004 on the 10 day chart is not a real resistance because that happened when there were glitches everywhere last week. I've reviewed/studied $DIDG thoroughly.
Enjoy!
That is why I sent you my DD in your room to review $DIDG over a week ago. Do you see what I see? This one is going to pennies, MM.
We know what we like to buy and what kind of plays return big gains. $OCLG is that. Buying more.
Blue skies approaching on $DIDG, MM. Glad you joined us ;)
The fact that $OCLG paid off convertible debt to save 30MM shares in additional dilution and have plans to further pay off debt is huge. This does not happen often in OTC land. I can name 100's of issuers that diluted shareholders to the tune of 3B to produce less than $100K in revenues, LOL.
This one is a keeper. Waiting to review their upcoming 10Q!
Will be doing some additional review of $OCLG's last 10Q.
Thanks
Any OTC stock that has the ability to pay off convertible ahead of conversion is a BUY. $OCLG. Nice job and kudos to the CEO!
Thanks Strong! Hope you joined us last week. I am waiting on the other one, loading and loading ;)
I invited SS to take a look at some DD on $DIDG because I like to share good ones. I'm glad all are here.
Oh yes, there were a ton of clues to load $DIDG. Big news was coming and it came sooner than I thought, if I'm being honest. No complaints though. Let's go to pennies!
Congrats dear.
Thought those peeps bailed $DIDG. LOL
$DIDG, $DIDG, $DIDG!!!
You bet! $DIDG!
I like what I like.
Congrats, PB and all who held $DIDG.
Patience and DD always pays: EXCELLENT NEWS!
GO, GO, GO $DIDG
What a powerful corporate update - 140,000% revenue increase!
Still loading $FWDG while I can get these cheapies!
WOW, WOW, WOW is all I can say!