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It looks like the dilution/note holders are done selling. The rise in the PPS indicates such thing.
Not looking good here with this volume below .01. Now with the DUUO already in the market with no trade it's not looking so bright for GEQU.
OK. Then let's say income is not enough. But, we are about four months into the year and no closed deals yet.
They don't have income except dilution.
Ask now $1.75. Bid at $1.5
Bid has been raised to $1.5
Hopefully it trades much higher than $1, say, $3 or $4.
DUUO: Ask now is $13.5 down from $1k. Nice.
DUUO: Ask now is $13.5 down from $1k. Nice.
Thank you. I appreciate your random act of kindness.
Thank you. This is what I was thinking. The increase in the shares count since last Oct reflects note holders selling.
Anyway, but why did you say 266MM shares?
The good thing is selling has dried up. I thought hitting sub penny would trigger deeper selloff.
May be yes may be no. The reason is the unrestricted shares, assuming they are the same as the float shares, are 226MM shares. So, the count has increased by 11MM shares which pretty much fits the note holder shares. IMO
Not so fast. Float count hasn't been updated since Oct. Sorry!
Look at the bid/ask for GEQU. The bid now is subpeny for the first time since 2015 while DUUO stock, which GEQU owns 3.5MM of its shares, is about to start trading. Why would this happen? This is not normal. Some really worthless stocks trade near $1 and higher.
It looks like a group is trying to pressure the price after DUUO start of trade. Someone just dumped 500k shares at .01. Now the bid is sub penny. How could this happen with big bucks are about to pour into GEQU's account?
Looks like good all time dilution. lol!
This might provide a clue.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130143455
We are all waiting patiently for DUUO to start trading. It should provide good catalyst for PPS. IMO
Can someone tell why float count hasn't been updated since October?
Float 211,298,715 a/o Oct 30, 2016
If stock moves past .02-.03 area on good volume then it will, technically speaking, stage new bull market. Let's just get that elusive piece of news to stage the breakout. IMO
what about OWCP, ICNB, USRM and many other OTC worthless stocks that gained big time?
Thank you for clarifying.
3.5MM common shares and 150k preferred(equal to 1.5MM common shares).
Again, why GEQU is not reacting to the positive news? They almost have $3.5MM in the bank. Some really worthless stocks trade at .5 and higher.
But in all cases, why GEQU is not reacting positively to this? It seems pretty good news.
TDA shows this:
DUUO
Bid: 1.05 Ask: 1,000.00
I meant price wise? bid is $1.05 and ask is $1.
Why bid is higher than ask? Looks like still in testing mode, only MM's.
Let's see how it does first on OTC then think about Nasdaq.
Could be testing phase, only limited to MM's.
Why is the PPS spread for DUUO is so wide? .25 X $10
Lifetime
Where does it say 180 day, I don't see it?
Can you provide any link to the definition of "quite period"? The only definition I have found is this
https://en.wikipedia.org/wiki/Quiet_period
which basically relates to a company's actual trading NOT before.
What's the problem being a CEO with internet background? jeff bezos, Amazon CEO, was a banker, Ali Baba, China biggest online retailer, was English teacher.
This is not the only deal that didn't go through or we haven't heard any update about it. May be this is the reason Peter and Enzo are working hard to create the $1 bilion FUND. IMO
Snapchat, 1-app and a money losing company, has a whopping market cap of $35 billion. If, as it hopefully appears, DUUO stock trades at around $7 pps then its market cap will be about $260MM. That is less than 1% of Snapchat's MC. IMO
and pretty nice bidXask prices.