Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looks ready to me
Hearing this issue was resolved for some others today allowing buys. Don’t take my word for it but sounds like this may have got fixed.
Increasing the DTC count without revenue coming in is not ideal. Need contracts announced.
No revenue and issuing shares left and right. Not exactly the best approach for a rising stock price. We need a sun protected genie to appear here.
Looks like FBEC is going up.
Nice limited chatter and noise even though the price is starting to stair step upward. Filings could be a huge catalyst here. Go Hahalolo!
Ah TY surfkast
It’s interesting to me they got it removed despite no revenue? I don’t fully understand otc’s compliance rules around the shell designations.
Shell risk badge removed?
I believe you. Brokers are all over the map in OTC’s with their boneheaded arbitrary inconsistency. We have good companies like Veemost dealing with ridiculously arbitrary otcm compliance nuances and then there’s a layer of broker inconsistency and then another layer of regulatory FINRA, etc. Probably more. Meanwhile stupid bullshit memecoin crypto vaporware just skirts any and all rules. As an OTC purist, it’s all pretty infuriating. I think the good companies will rise through the BS though. Go Melvin.
I could be wrong but I think what you’re seeing with those fills between the spread can be explained by L2 doesn’t show bids or asks of less than 10K shares so hypothetically there could be a bunch of small size orders living in no mans land at any given time.
They have 120 days from end of FY to post annual report according to limited info pink disclosure rules, I think. So annual report by end of April should be forthcoming to avoid EM risk. Correct?
If 4,000 people (plus acquaintances, friends, family, etc.) all buy even just a million shares each… Hahalolo will light the OTC up like wildfire.
I follow another pink sheets RM that reduced/canceled a ton of restricted commons. But a smaller SS is just a bonus the real driver is the revenue and growth. Another otc that exploded this week to penny range from low dubs has 7.5B unrestricted so I don’t think the SS here is a critical issue.
Haha thats pretty funny ngl
Uplift to OTCQB seems to me like it would be a logical intermediary step. I think that would be a very positive development if they did that.
I have learned the hard way not to get too emotionally invested in stocks. That said, I would not be surprised to see this this stair step to .005 and then explode higher on announcements/filings. It’s a potential recipe for a move to silver here imo.
Sure looks that way
I'm not a big Technical Analysis trader or anything like that. But the Accumulation/Distribution on this chart is unlike anything I've seen before that I can recall.
The way this trades makes me think the available shares is quite small. Accumulating a large position under .002 looks very difficult. I think .005+ is coming soon. Probably some resistance around there because that was the previous high trading range. But once a major break above that area, should be blue skies to copper imo.
Very compelling and great detail. Kudos to Robot on that. Go hahalolo!
That’s 3 negative posters ‘out of left field’ so far. Keep them coming fine with me. This is a long game here now. It’s completely in management’s hands if they can build a real business or if this is a shell game. I still don’t understand why they didn’t just sell the shell for $500K and move on with their life. Some people enjoy pain I guess?
Looks pretty good brother...
I agree about market confidence and trader mentality. Those factors might end up counterintuitively increasing the momentum here. We’re definitely on filings watch here, big time. I have no idea what they plan to do here… but it looks to me that Hahalolo and interim CFO Disiena appear to have good counsel and a very real plan. The name change yesterday, immediately prior to announcement/filings… this will get very serious, very fast if filings come now with real substance in them. Exciting times! GLTU
Looks very close let’s see if Melvin has a catalyst to bury .03 into the ground for good. Exciting stuff.
Wow just wow this is looking stellar.
Very nice!
If that’s the case then hopefully that happens from a much higher floor. The upward movement so far is encouraging imo.
Wow!
Looking great here. This could be about to blow up.
Haha too many zeros we can agree there on that definitely. If we can just drop 1 or 2 of those please.
That might have worked a few months ago but now the only way for .0002 is float expansion which is looking pretty unlikely in the short or medium term.
Ok fair enough. On the bright side for longs the board is more active I guess. The stock is still dirt cheap and rightly so but maybe changing. Might be worth a gamble for new entrants considering it’s pink current and maintaining that status, and they’re trying to build something. GL
What is the point walking in and bashing this stock now? Very odd.
I appreciate that thanks. It’s impossible to know what will happen, but the thing about OTC is sometimes they can just go on an unbelievable run under the right circumstances. Hoping for the best here for all the patient longs. GLTU
Your guess is as good as anybody’s. I did an oversimplified thought experiment comparing to Facebook back last year:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172800954
FWIW Facebook/META market cap is double since that time. $1.2T today…
It’s got that look to it… silver land please!!
My view on the control block is positive. I am far more wary of all the other restricted. Control block is an effective way to transfer or split control of the entity w/o convertible preferred series which can turn into death spiral dilution. At least with the control block being restricted commons we don’t have to worry about those unwinding into the float. JMHO
Just thinking out loud… I think control block would be transferred in whole or in part as part of an acquisition/change of control. Reduction/cancellations could be seen out of either A) the old legacy shares from long time ago (weren’t they nearing an arrangement or a settlement on canceling those?) or B) some of the more recently issued restricted shares. Not saying I expect it… just saying it would be nice.
Hope so Deano! Some share reductions would be a nice bonus too please…