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Things must have already been taken care of. TDA is trading and showing L2 now, was not trading for first 30 mins or so after open.
I think it will go to .02-.05.
The financing company is required to buy 10m dollar worth of common stock as per the agreement. Now current value of all the company's stock is nowhere close to even 1 mil. So to get financing company to give them 10 mil for stocks at a price which is 90% of the average 21 days market price, company will need to issue a billion stock if the price is .01. If they want to issue less, they have to make sure price is higher. Just my understanding and opinion.
Yes, and it means it is a penny+ stock, even if company issues a billion stock.
8k filed, and screams multiple pennies.
I wouldn't worry at this price point, loaded 7.5 mil.
I got out for now and got into the next medical stock after HB*M and SN*Y
I have 11m , but with this day trading/shorting going on I am afraid to still keep holding at these levels.
MM, interesting. What's your take on this being day traded/shorted?
EVDR long here, I suspect there is some shorting involved today. I have been monitoring this for couple months now, never goes up like this on this volume. Also look at 5k bids on top.
I locked mine for sale at .02, let's all lock it to some higher point.
Moving back up
Update is great. I think it's just MM's loading for the run.
That day was manipulation, now the growth is steady.
WOW! Is the news out already?
I think this time I will get lucky too. Holding 11m in 9s, and when I say lucky, I mean 4 digit percentage gains.
May be, but then most short is already covered during the day.
Me too. Couple weeks ago 50m share ($50k) trading took this to .0015, which tells me that there a lot of interest and majority is waiting for it to move up or for the news.
Look at MM's games to drop it. Last .0006 at size 3k. That is $2????
Not gone. 11m long here, and loading
When this moves up, want to already have as much loaded at these level as I can.
Is the news out??
Bid .0023 Ask .0035
At times, it can be something very simple as not making a small filing or fee. Let's not speculate, after 14 years in business and on OTC, they will not just disappear, IMO.
Here is my realistic DD:
1)Pending details/confirmation of sale of subsidiary (ASCC)
2)Pending details of new business venture
3)This stock has been trading since 12/01/1999. For those wondering if this is an all lost possibility, yes, but very remote IMO. If the company has held for 14 years and trading, and has ventured in multiple different businesses, those running it must have learnt something by now.
4)The subsidiary, ASCC, and you can do your own search about it, has been a real company in existence developing housing projects and bidding on large government projects. If the assets are to be sold, IMO, it will be millions of incoming cash to EVDR.
Company shows "OTC Pink No Information", and I have sent an email checking on why it is and what is the plan to be current again. Will share the response I receive. IMO, they are working on ASCC deal closure before providing back all the information to OTC.
So, IMO, we have a winner here, and it is only a matter of time, that too in months. Considering the opportunity to buy at these PPS, one does not need to break bank to invest some here, and there is a very low proportion of risk comapred to high reward.
I am 10m long EVDR.
The stock is selling at a PPS right now which is a deal already, below the par value of .001. Even if the O/S is 988 million, considering the pending sale of an established entity (ASCC construction in India), I believe the company will be interested in buying as many shares as possible before the deal is finalized and cash comes in. IMO, there is always a possibility that they are buying back shares at these low prices and do not want to PR anything until they have all they want.
You must be a good trader, making guaranteed 20% in your favor in every deal.
If you can, why not. Just make sure not to sell at 7s and 8s once it starts the run.
OTC markets seems to have the smaller and different number, and updated more recently.
IMO, today was bottom, and I say that looking at average volume and the number of days the PPS held above today's level. Those buying above 01's have either already sold above today's level or aren't selling soon.
10.8m and some change here, alll TDA bought, some under 0.001
you need any more evidence?
Got 1.7m in 37s. Hoping to cash out some money here.
I added 370k, all filled at .0115
So you were the 1k share seller.
So you were the 1k share seller.
Any time MM's want share is when they are planning to run it high up soon, to be able to sell high.
Why wOULD MM's load like that?
NITE 400000
CSTI 300000
ETMM 100000
MM's games, see how much NITE, CSTI and ETMM have on bid, in 100k's and then they are dropping the ask with 50k block sizes.
It's overdue for news, bounce and run. No sense in selling right now, accumulating here.
A penny is easy for 975m+, considering the sale of the subsidiary. I would say we will see somewhere between 2 to 5 pennies, 2 being more likely.
I have a 2m buy order at ask not filled for past 15 mins.