Mr. Poolside
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It means they’re probably trying to reverse split, but still don’t have finra approval
September 29 now
What a freak show
I was thinking monster dilution
560 million volume and stock barely moves 2/100 of one penny
We all know what that (likely) means....
They’re dumping over a hundred million shares a month for months now. Bankrupt one of their subsidiaries....
Reverse split will happen one way or another.
If this continues course, It’s just a matter of when
As per latest financials...
About $1.4M assets and $12.3M in current liabilities that’s 9x more in dead weight than productivity.
About $1.3 million in convertible debt divided as follows:
The Company has twenty (20) outstanding convertible notes as of December 31, 2019, with a total outstanding principal of $1,308,092. The 2019 notes mature from January 2020 to May 2020. These notes carry an interest rate ranging between 8% and 12% per annum. The notes carry an original issue discounts ranging between 10% to 25% of the face value of each note.
And... $118K cash on hand
If these conditions subsist, another reverse split is a mathematical certainty
There will likely be a reverse split...
No money and lots of toxic debt on books
Back to .0001 now probably
Ok pump is over
I’ve been here over 3 years
This stock never goes up
Just an occasional pump about couple times a year
Just dumped another 117m shares
Now over 900M
Doubt this will run
Every retailer is hurting now
Now would be an excellent time for them to showcase their 12 mirrors
...we believe that we will be able to file on or before September 5, 2020.
Also due to the efforts and time spent on our NOT TIMELY filing of our 2019 Form 10-K which occurred on June 18, 2020, we got a late start on our Form 10-Q for the period ending March 31, 2020. We had not been able to start our Form 10-Q efforts prior to the completion of our 2019 Form 10-K.
You can’t make this stuff up...
2nd quarter 10Q is due on August 15 and they won’t have Q1 done by September, so how do they do Q2 if they don’t have Q1?
I’m not bashing. I think it will perform great
Getting hammered
They are seriously delinquent on Q1 which was due May 15
That’s right, 45 days after June 30
I think it’s a glitch
Only 75M on ask on my computer L2
Yes it is.
Wow lol
7.5 billion shares on ask
Not just that, but the endless dilution in a lot of them....
2nd 10Q is due in 10 days
Will they file it on time?
Today’s 10Q will tell the tale; we need an update on “the dump” remaining and revenues
Rest is fluff
10Q out tomorrow
Major volume and interest
4 shares traded
due date by August 5, 2020.
What they said...
A truly terrible company:
Reverse Split in November 2019 price between .01 and .02
Shareholders wiped out again in 8 months in July 2020 with hyperdilution, now .0001 is on the menu again
I think something is brewing
Nasdaq uplist!!!!
That was sarcasm btw
This cannot uplist to nasdaq unless it does another reverse split.
They continue to use toxic debt to finance themselves. What a pos company.
That’s all I’ll say about that
No idea, but by the looks of it, very soon.
The OS already balloon to about 800 million OS - again.
Nice bounce
Another 185M dumped
Now at 785M
It’s not over yet.
I think you sold out too early
But that’s just imo
It was a price determined warrant conversion...
Better double check
Not true
Alright, now is the time for retech to shine!
Covid 19 pretty much killed brick and mortar
Let’s go Angelo
Lol
Not sure if you caught this, but it seems like they want to oust CIPLA
WONDER WHY?
No. They want more stock.
That should send a message