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The bid is gone. Everyone is stuck with their shares now. Dilution, dilution, dilution. Nothing changes with this company nor will it.
They are diluting in 25 million share blocks. 9,9,and 7. Then they buy a couple shares at .0002 to make it look like things are normal. People can check the Time & Sales to see for themselves.
People should get out while they still can imho.
agreed
If we get an announcement that the toxic dept is finished (finally, after what 10 years?) that will be real news and should have a huge run up, a real significant one
-once again if that is the case.
bid .0002 83 million
ask .0003 15 million
366 mil volume
run seems to have some legs at this point
Actually virtually no one got filled at .0001 today, and not much since the ask was broken though last Friday. Over 300 million unfilled shares at .0001 today....
So congrats to all who got in at that level, at least for as long as this run lasts. Certainly no one was stuck today or since last Friday p.m. At all.
Looks like people are going to have to pay .0002 at this point to get in, for as long as that lasts anyway, then .0003, etc.
337 mil bid, 54 mil ask
volume 67 mil
310 million bid at .0001
56 million ask at .0002 - as I type this
nearly all volume today has been at .0002 - 51 millions shares traded
The question is whether or not CYBL's dept is paid off. Whoever is holding it has been converting shares and then selling them to pay it down. Of course that is a huge drag on the PPS. And has been for at least the last 6 years or more. Maybe someone knows this is finally over, or almost over, and hence the volume the last few days.
Once this dept is paid off we will be off to the races for sure.
Would be nice to get a clarification from CEO Schmidt on this and how much dept is left. Schmidt should do the right thing and pay off this dept, from his own pocket if need be. It is sickening how Schmidt has treated shareholders in the past. He needs to take responsibility. What a burden to know how much financial suffering you have caused others because of your own actions.
imho
Lastly, with the very high volume why is the pps still stuck @ .0001?
The BID is now .0001 and the ASK is now .0002. This has not happened for years. Certainly you must know this. Someone spent a lot of money buying shares to push through the bid at .0001.
There were even 13 millions shares traded at .0002
Yes, that is the point we have a bid now. First time in years is it?
You are right it might not be going to a penny, but I remember a run a several years ago when it went to 4 pennies. That seemingly happened for no reason.
130,000,000 shares on the bid as I type this. Wow, they could dilute the hell out of this if that was the goal.
Congrats to all who got in at .0001. With over 110 million shares on the bid that price is no longer available.
over 200 millions shares traded today. That is over 100k someone spent...
218 million volume as I type this
Yes it has been awhile, you could say, and many of us have been around longer than you. Would be great to see thing take off.
Would be a horrendous understatement to say the CEO Schmidt owes us shareholders big time. I suggest he pays off any outstanding dept that caused the dilution in the first place out of his own pocket. Put second mortgages his houses, whatever it takes, and let the PPS of CYBL rise from the dead.
He owes us a letter to the shareholders to bring us up to date and needs to take full responsibility for what has happened here.
Now almost 40 million (39,499,997)
something must be up
even higher volume today, something up?
Any update on the case? Lots of volume today. Any guesses to the how high VCSY will go if they win?
Many, many years ago I made money trading VCSY, thinking of getting back in...
I never said it wasn't. You are one talking about reverse splits, no one else.
If a run is coming, and that's a big if, it's not dependent on a split. Before that last split happened there was no bid for a long time. At least the market closed with a bid today and someone bought a bunch at .0002.
It's been a very long time since that happened.
My 2 cents here, or should I say 4 cents, is that something is up and might be worth a small gamble here... If one has the stomach.
I might be wrong.
Hey Sloth, you still around??
Yes, something looks like it is up here. I was actually around several years ago during the run up to .04. It was ferocious and a lot of people made serious money!
There was a good amount of volume at .0002 today and that has not happened in a year or years.
Would I put a second mortgage on the house to buy shares now? No, but but with some discretionary income the payoff could be huge.
CYBL has had some real great runs in the past. It could happen again.
Maybe the dilution is about to come to an end or are we kidding ourselves?
What's up with the volume today. Who bought $2000 worth or shares and why?
If VNDM has backed off this might mean good news.
Wrong,
5 million share buy did not take out the .002. Why? Because VNDM "auto refreshed" and now have yet another 6.5 million on the ask side.
You can't win when a company dilutes. And that is what they are doing. I'm not giving the CEO Schmidt one cent.
Don't think you read my last post or understood it. "Auto refresh" means a MM can put whatever value they want on the ask side.
So people are trading, like yourself, and you think, "Great, the ask is thinning. We will hit .0003 today."
But then low and behold more volume has gone though on the ask side, than there were shares showing, and all of sudden more shares have appeared instantly.
It's called dilution and one can't win. Sorry.
The point is the ask is NOT thinning. They will "auto refresh" with the dilution.
You can't trust Level II screens when companies are diluting. How much did the outstanding increase just last week?
No matter how many shares people buy on the ask, more pop up for sale. In the case of CYBL they are diluting though the MM VNDM. Buy their 6.5 million and see how fast their ask "auto refreshes" with more shares.
Sadly this seems to be the truth. Company must be desperate if they are diluting at these levels and that is exactly what killed this latest "run" last week.
They are diluting through the MM VNDM currently but have and will dilute under different MM's if they think too many people catch on.
If those changes were made I agree things will be looking very good.
Remember it was not that long ago the CYBL made a run to .04. It could happen again. As long as there is no more dilution.
And we now have a bid of .0002 and an ask of .0003. Looks like the new run has started!
So the shares out have not changed since September of last year. Thanks for posting this. IF the dilution has stopped this might get real interesting, real fast...
Someone bought 40 million shares at close. Cost them 8k. It looks like we have a run on our hands, if I can be so bold to say, Ladies and Gentlemen.
In my last post I said that it looked like there were no more shares to be had at .0001 and now it looks like there are going to be none left at .0002.
As long as the dilution does not start up things are looking very good. imho
Yes kindof feels that way. Welcome back man.
I think the PPS will increase, if and only if, Mark Schmidt the CEO does not start the dilution again. In effect for years he was reaching into investors pockets, like you and me, and stealing our money.
If the company has been using revenue from contracts to pay off their debt, in the last year, and continues to approach business in this sustainable way then things could get very interesting very quickly.
This baby can and will ride on good news. A new large contract and wow, we could really take off .04 or higher in no time. This stock has even taken off for no reason like its last run to 4 cents.
There was no bid for quite a while and now we have a solid bid and ask. Looks like there might not be any more shares to be had at .0001.
It kind of hurts to be optimistic though with all the pain Schmidt had caused to investors in the past. Will he make it up to us now?
There is no question he owes us. One would still have to look at this as a very high risk investment that one only uses discretionary income for like one would going to Vegas. However some people hit it really big in Vegas!
IMHO
Nice to see some shares on the bid side again! I thought this stock was finished when it went to the pinks but maybe there is some life left with Cyberlux? Did not expect them to still be around.
Looks like it is over. Bid slowly disappearing at .0001 and ask growing at .0002.
People are dumping whatever shares they had left. Shame on Cyberlux. Shame.
Not many people are (were) getting shares at .0001 and the bid is now .0002 and ask is .0003 at least as I type this.
Looks like people are going to have to pay for their shares if they want them...
Volume over 20 mil. already today.
Financial report highlight. Revenue was only $120k in 2009. In 2010 it was over 2 million. How many thousandfold increase is that?
We might see a gap up tomorrow a.m... Not saying we will but it is very possible at this point.
DD guy. Looks like you were right-on with this one. Thanks for speaking with IR last week and posting the info. here. Sounds like they told you the filing was coming soon. It has...That was correct. And now more big news coming?
Now that the annual report is out I think it will.
CYBL is going to pop. Another 10k block went through. Someone spent 7k buying shares today...
imho