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There has always been only two market makers on this stock, at least for the past three months. In fact the stock, up until recently, had an “Unsolicited quote warning” on the company’s OTC page.
Selling seems to be about done. Next week should be great.
“ As per the terms of those amendments, both Power Up Lending Group Ltd. and First Fire Global Opportunities Fund LLC have been paid out as per the terms of their amendments”
This statement seems to indicate that this is dilution. These two note holders were more than likely “paid out” with shares. More than likely they are about done selling those shares, so any dilution should be about over.
Once the filings hit, this will start to move towards .01 IMo.
Probably be at .01 sometime in beginning of Sept. Selling seems to be slowing. I think we will see a PR next sometime next week.
Stocks don't go straight up. This is just beginning. We will be at .01 in the next few weeks.
On a positive note, retail selling has dried up. We should have news next week that propel us back towards .02.
this is normal MM manipulation for a stock that just ran 600%. It will go back up. Take advantage of the great buying opportunity.
70-80% short volume. Market Makers are trying to induce selling here. Don't sell to them.
https://www.otcshortreport.com/company/ARSN
Maybe it is Market Makers. They do this all the time.
It will be at .01+ soon enough.
I don't think this is retail dumping
Company needs to stop dumping shares. This should be at .01
Ignore that loser. Weak hands were shook out yesterday. We are looking golden here!!
Read the monthly report. Lots of good things on the horizon. Currently working on an e-commerce platform with Shopify amount other things.
This Q was April, May, and June. Literally the worst months during the pandemic for businesses, so the results should have been far from surprising. Unfortunately, a lot of OTC traders don’t know how to read a 10q.
Awesome. Trust me is hear. This is definitely going to .01 now!!
They aren’t in default in NV. You are looking at the wrong company.
Nobody should have expected the numbers to be great. It went to .02+ because of what the company is working towards, not because of current revenue.
great buying opportunity here!
going to load more here on idiots selling
The three-month gross profit of $79,225 representing 76% gross margin compared to $84,383 and 43% gross margin over the similar period in 2019. During the three months ended June 30, 2020, the Company had a one-time correction to the amounts owed its main supplier of GPS units, resulting in a reduction of cost of sales of approximately $20,000, or an increase in margin of 19%. Additionally, the Company continues to focus its sales efforts on sales that generate higher than average margins.
"The Company had revenues of $103,820 for the three months ended June 30, 2020, a 48% decrease over the similar period in 2019. Sales decrease was attributed to COVID-19 and its impact on Franchise and Pre-owned automotive dealerships along with the breach of terms of a distributor responsible for one of the Company’s house accounts. As stated in the CEO Outlook for 2020, the Company expects resolution on breach of terms with its house account along with additional revenue contribution from its new partnerships with County Executives and MCULSC in second half of 2020."
you're right. I read it wrong.
NT-10q gives the company 5 BUSINESS DAYS to file 10Q. We likely won't see the 10-q until tomorrow.
NT-10Q is due 5 business days after filing, not 5 calendar days, so don't be shocked if we don't see the 10-Q until tomorrow.
This will gap up in the morning
I sold half at .0018, unfortunately. I didn’t think it would run like this.
We all were noobs at some point. I lost money for years, but I learned from my mistakes. IMO a lot of these stocks are manipulated by people overseas. Pumpers alone rarely can bring this kind of volume, but I do agree with you about pumpers being annoying.
Hell, recently people all over Twitter and IHUB were claiming Coinbase was merging into an OTC Stock. If you believe that, you deserve to lose money.
I bought this stock at .0005 about 6-8 months ago and just waited for it to run. SS was ideal and company is active on NVSOS. Only a matter of time before news or filings come out. Once that does this will go to .05+.
.015+ tomorrow.
90% of people that bash OTC stocks are people who lost money and never figured out how to trade OTC stocks. They don’t understand the patterns or what MM can tell you about a stock.
GTSM & ASCM tells you exactly what is happening. MM manipulation.
If you know how to pick OTC stocks the odds are way better than the lotto.
It’s not getting suspended. Zero reason for that to happen.
The last filing was 6 years ago and if you actually could read the filings and understood them, you would see that Mojave County had been seizing properties from the company for those unpaid property taxes.
It is obvious that the county would have seized most, if not all, of the properties if they continued to be delinquent, so one can assume it is highly unlikely the $2.4 million is still on the books.
When properties are seized for unpaid property taxes, they are auctioned off and the proceeds go towards the delinquent taxes.
You’re such a scum bag.
SEC only suspends a stock for two reasons.
1. The company is a SEC REPORTING and is delinquent in its filings. GLCO isn’t a SEC REPORTING COMPANY
2. The company releasing false information. GLCO hasn’t released any information, so they WON’T be suspended for that.
very nice close.
.025 CAD which is .019 USD