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BTC is ripping higher this morning. OPTI will follow.
7/23/21 SS update shows no changes.
Didn't see them all so couldn't add them up as they occurred but maybe not over a million. Nothing to be too concerned about. Just don't like to see it.
As for the price spike, maybe the float's starting to tighten.
Today there is converted debt dilution being sold.
Can be seen here if you know what to look for.
https://ih.advfn.com/stock-market/USOTC/optec-pk-OPTI/trades
Depends on how they pay for the big move. Cash or more shares.
And just like that, another 9M shares slips into unrestricted.
9M more shares slipped from restricted to unrestricted yesterday.
Today's was regurgitated so there was nothing new about it.
And no official proof. Nothing. No OTCM filings, no 8K filed within the legally required time frame. Only Zoom calls, SM posts and regurgitated "news" posted on the company website.
Want to know how fast all that can be expunged into nothingness? Click on the twitter icon on their OTCM profile page and get an instantaneous demonstration. After that, no proof of any wrong doing anywhere.
Pure recycled pump. Nothing of substance in that, like an audited 8K that legally holds Pawson accountable.
Interesting. It doesn't say all SEC registered companies must file an 8K when a significant occurs, it says all reporting companies must file one.
PR comes and right on cue the dump continues. If there was ever a pink that trades like heavy conversions going on, OPTI is it.
At the current volume per day, it will take at least another week for the 27M to be completely dumped into the bid. That is if they don't issue more dilution to God knows who.
A CEO can cancel shares he owns if he wants to, restricted or not. All he has to do is document to the TA that he owns them and notify the TA in writing that he wants them canceled.
Aside from that, if the consolidated fins really do get audited, between the TA and the auditors they'll get it all figure out. Then Pawson can decide from there is he wants to file them in 8k form or just file them as "audited" in the annual OTCM report. An 8k would carry much more weight if filed first and make the annual report more believable.
How so?
Not so. OPTI OS updates:
OS 5/03/21 was 1,900,067,141
OS 6/01/21 was 1,925,067,141
OS 6/16/21 was 1,963,573,633
OS 6/29/21 is 1,990,573,633
That's as far back as I was tracking it. However, on 3/31/21 it's shown as 1,884,067,141 per Q3 report.
click the link.
OPTI issued another 27M shares were into the OS. They were dumped into the pump of Monday's PR.
https://www.otcmarkets.com/stock/OPTI/security
Sells over buys by almost 2 to 1 in line with what is normal here, no matter the pump of the day.
They're doing what they always do, dump into the bid when it builds. Whoever is selling won't stop until they're done, if ever.
News and the dump continues.
The most logical reason for the preferred share increase is to allow for the drop in price conversion from the price on the date of the acq. When will they have to increase it again? When the price drops to .026. Before that can happen, the AS must also be increased.
They could prevent all that by simply becoming more transparent. They haven't so it has to make you wonder, what are they hiding? What is it they don't want investors to know? And let's face it, If a CEO has anything good they want to share that will goose their stock price, they'll fall all over themselves in their rush to do it.
And they certainly haven't done that, or at least not in any officially documented fashion.
OPTI technicals turning south again. Still expecting a retest of the 3 month low. If it holds for real, it's a good thing. Not so good if it doesn't. There will be lots of stop losses just below it. Could be a cascading drop of epic proportions.
Expect to also see another AS increase as well to cover them. OPTI will be just another bloated pig if Pawson has his way.
SHMN technicals are shaping up nicely here.
If you're watching level 2 and time and sales you can see how bidders are suckered into the big dumps. Kinda entertaining in a morbid sort of way.
That's really funny. They say WS 2020 revenues are audited but offer no proof of it. If they are, make them public. It's like it's all their little secret, you have no right to know but they'll just issue little teasers now and then to keep the noobs interested.
That on top of the fact that Roger said they've just now retained an accountant to audit their fins, but you'll have to wait over 3 months to see them, if ever. SMH
new fluff on top of old fluff.
That's why acquisitions take so long. For the acquirer and the acquiree it's worth the wait.
SHMN dropped below the 50ma awhile back, bounced off the 200ma and now will have to build strength to get back above the 50. I think it can do it.
12:35 into the zoom MS said the audited fins would be released end of this month. He also said an 8k on the acq would be filed. Still no 8k.
That should have been done in the process of the WS acquisition. The audits of both companies would need to be done before the deal could closed. From there all that was needed was to publish the audited numbers after completion. Them saying it won't be completed until end of September and till now finally even retaining an accountant to do the audit really puts the legitimacy the acq in question.
Didn't they say the audited fins would be filed end of this month, June?
SHMN SS updated yesterday with no changes.
https://www.otcmarkets.com/stock/SHMN/security
With OPTI everyday, all day there's systematic, calculated selling. Got no clue who it is, but it ain't retail. Retail doesn't dump a good story, insiders do. Because it's their story, the one they need to dump to retail.
The covid 19 delta variant accounts for most of the new infections. If they don't get more people vaccinated worldwide, the delta variant, which is far more virulent and transmissible than just covid 19, could easily make the previous waves look like mere warm up exercises.
Aside from the U.S. and western Europe, the rest of the world and only a small % Japanese have been vaccinated. But Japan is going ahead with the olympics and allowing fans from all over the world to attend. Think of the Sturgis MC rally on steroids.
Applicable to all touchscreen devices?
They're taking out stop losses. 100% retrace complete.
I don't think I would short change Sinensky, considering what he's been able to accomplish in the last year. IMO, he's the best thing that could happen to OPTI.