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Huge is an understatement. So glad I held on to a chunk of my original position. This will be a .10 in Jan.
Judge to reconsider plaintiffs request to deny defendants summary judgement. This is huge. We want a jury trial. We don’t want the judge to decide the outcome of this case. Jurors will see the malfeasance commits by a big corporation. The little guy always wants a jury trial as they rule with emotion and Judges strictly by rule of law.
This isn’t dilution. Shares are maxed out. It is either Market Makers or just impatient people sell. IMO, it’s a bit of both. Either way, in the long run, this will pay off big.
Yeah. I traded this last year on the custodial filing. Luckily I was in at .0001 and out at .0006, but this time this has far more potential. Lots of eyes on it and the guys in control now usually have pretty good runs in the stocks that they have control of.
No the point is you have no idea how fundraising works or what seed money is. It is obvious by your posts. And yes, the quickest way for this company to get to market was do a reverse merger with an OTC Stock. Non SEC reporting stocks are a lot cheap than SEC reporting ones.
That isn’t seed money. Seed money is the before the first round of series funding. Actually they raised less than $700k in seed money.
“ Airbnb raises $585,000 from Sequoia Capital and $30,000 from Youniversity Ventures partners Jawed Karim, Keith Rabois, and Kevin Hartz in a seed round valuing the company at $2.4 million.[13][14]”
Do we even know what the warrants are priced at yet? We know when the warrants are issued, they are restricted for a year, so near term, dilution isn’t a worry and if the company comes close to achieving its goals, this stock will be far higher than it is today.
$50 million will go a long way helping this company succeed.
I for one believe the warrants are a very encouraging development.
Seed funding rounds normally raise 2 to 3 million dollars. You can look at numerous companies and see that. Airbnb raised 2.5 million in their seed round. I also just invested $50k in a psilocybin that raised 2.4 million in it seed round. The fact that they raised what their target was tells us a lot.
They just did an offering yesterday for investors to buy 1.1 billion shares at .0022.
Love how this Author uses a stock with average trading volume of 5,000 shares as an example.
Of course if one chooses to look at all the REG-SHO and OATS violations these firms commit, they are available at the FINRA Disciplinary site. NITE was notorious for Naked Shorting violations in OTC Stocks.
Download and watch the films. The more we watch, the more revenue they make. Even if you just have the movie on in the background. The revenue will allow them to get the rights to stream better films.
Less than 20 million traded that dropped it twice. This will easily rebound tomorrow.
Somebody dumping at market. Idiots
Where did MYTH go? Lol
Thank you. I’ve traded this stock for about 8 years off and on. Never expected it to go this high. Figured .0012 was too, but this is huge news!
I bought at .0003! Sold some, still holding 2.2 million
This is crazy. Up 6500% now. Looking for .05+ here now!
Yeah, but if that app is actually published on YouTube this will go to .03+ just because of that reason.
Going back up! .02+ coming in the near future.
Market Makers just bringing it down. It will go back up. Will be .02+ once the app gets published on Roku end of the week or beginning of next!!
They have access to buy rights to films. Who knows what those films or shows will be. I do remember Netflix had some pretty crappy programming when they first started out. If SEGI.tv get published on these streaming providers it will go to .05 regardless of how shitty the content is.
Happens all the time with OTC stocks. If the APP becomes available on Roku, .05 minimum.
This is going so much higher. .20+. Looking at ENZC which is at .04 with 1.8 billion float and is delinquent. CTYX is .035 with 197 million in the float. If you give both companies the same valuation, CTYX would be trading at .35.
This will be pennies in DEC!
Nice. I’ve been holding this for about 4 months. Second time I’ve been in here. Originally bought in over a year ago when there was a filing for custodianship, but the filer never followed through. This has .002 potential if there are enough eyes on it!!
SS is fine. They don’t need to dilute anymore than the 160 million they have set aside for the S1. I’ve seen stocks with well over 2 billion outstanding go to .10+.
We are just working through the flippers. People have been loading in the .005-007 for almost a month now. This should then upwards from this point. 10Q coming early Nov. and should see more news. This will be .10+ sometime in the second Q next year.
Wonder why this guy bought $25 worth of stock when they are about to do a reverse split. Doesn’t make sense.
CTYX amended FL Corp. articles yesterday. New share classes formed. Looks like they will be paying for these licenses through issuance of preferred shares.
The new structure is very favorable to common shareholders.
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=CONNECTYXTECHNOLOGIESHOLDINGSG%20P070001187070&aggregateId=domp-p07000118707-cd4afd40-6c64-433b-9f3e-72eccc2ec9b6&searchTerm=Connectyx%20Technologies%20Holdings%20Group%2C%20Inc&listNameOrder=CONNECTYXTECHNOLOGIESHOLDINGSG%20P070001187070
Very possible we see .20+ here by the EOY!!
GLED showed up about three weeks ago. This only had two market makers for the longest time, but the rest showed up about a month and a half ago.
So many daily flippers in the OTC. Majority will never make money consistently that way. The only way to make real money in the OTC is to buy, hold, and wait for the big run. I’ve been holding this for a few months. Won’t sell until pennies.
It was an update that things are on schedule as planned. That is news IMO. Just checked DE SOS. A/S is still 450 million and they are current. This will run big soon!
Temporary pullback. Always happens, which I why I never chase. I’ll keep buying dips here and it will eventually hit .05+
Hopefully dilution is almost done. SS is still really good for a penny run, just need dilution to stop.
1.2 billion shares in the float. 2 billion restricted and owned by CEO. Read the filings. This will be .005+ in Oct.
Almost all OTC stocks trade this way after gains over 300% plus. It is market maker manipulation. They always drop that stock back as low as they can and then it consolidates before going higher. This will be over a penny sometime in OCT.
It wasn’t suspended for being delinquent knucklehead. It was suspended for saying they had something that would help with the Ebola crisis.
If ENZC was saying they had a cure for COVID, than the SEC would be able to suspend them, but the SEC cannot suspend an non reporting SEC company for being delinquent in its filings.