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Carson. You probably read the press release correctly..it said a whole lot of nothing. These pink sheets talk in their press releases about deals in the making and letters of intent, but don't say for sure that any deals or financing is secured. That's how they stay out of jail. If you elect to stay in this you may wait a very long time to get out if you even can. A reverse split is a real possibility. Divide your shares by 500 then multiply that number by .0001 and that's what your shares could be worth after a RS. Also, take a look at 5 year chart and you will see how long it could be until next pump n dump scam. Take this as a lesson learned. Pink sheets are scams.
Ha! What do you mean when this goes back to .001. This was labeled a pump n dump two months ago by those who know how to work these plays
What's going on here is what happens to every pink sheet pump n dump....it's diluting down to .0001. The newbies who bought into the hype then realized this is a scam are also selling and cutting their losses.
That may not be a rumor given this company did a 500:1 RS in 2009. This is just another pink sheet scam. Some will learn their lesson the hard way and some will be suckers for all the hype again
Anyone try to contact this guy
These OTC scams will often use a quote from a high profile person or famous figure to make their phony PR's seem real. Seen it many times. Just another confirmed sign that this is a scam..like anyone needed another
What's the significance of this?
If you manage to contact Gary, please share info with everyone.
I just went to City of Columbus website to check again. Nothing about Capaciti or Competitive Companies. Nothing on Gary Cavin personal page about anything CCI claims.
I have done some digging around Columbus and with the science and industry center and could find nothing about CCOP. If anyone was able to locate something, please share
My opinion..I can't honestly understand who would buy this stock. With the pattern of press release then dilution that has been going on for years, why would anyone touch this. Especially now that we know of the millions do shares Bill and other insiders just issued themselves.
So what do y'all make of this PR and bump in price?
Yup, the run is over. Where did all those people go? So many were so confident that this was the real deal.
Sure it's legal. Bill just has to be very careful in what he says and doesn't say in his phony PR's. This is no different then any other pink sheet or OTC dilution scam
Bill and Steven have about 170 million shares left to dilute in authorized shares. Of course now he and cronies are majority shareholders so they can just vote to increase authorized and continue printing shares. This stock will probably never go back to the levels most of us bought at and we will be stuck with a stock that will cost more to get rid of then its worth. Meanwhile, people that lie for a living will profit.
A lot of people are in the same situation. It will cost more to sell the stock then their shares are worth. Bill and Steven don't want anyone else selling shares while they dump the diluted stock they have into the market.
The only longs in these pink sheet and OTC dilution scams are the those stuck with worthless shares who believed this was a real company or investment.
Thank you for backing up all those that know the truth about what is going on here
This all makes perfect sense. CBYI reeks of a pink sheet dilution scam
Only 45 million traded on a pinksheet on a Friday. Time to cut the BS, this one is done
Legit filings..BWAHAHAHAHAHAHA...this is an unregulated security..all this tier change and filings is just as you said, blowing smoke. All of what is happening here makes perfect sense cause its a pump n dump. This is moving along just as planned for insiders and those on the right side of the hustle..they will make their money at the expense of others by promoting their own lies.
Everyone is responsible for their own actions and believing complete strangers in a forum where the only interest is making money is complete ignorance. But there is some moral bankruptcy involved on preying on the naive..rates right up there with swindling the elderly
It moving down because it is a pump n dump. Many of the original people who posted to get this going have disappeared as will the dozen or so that are here now. Once this goes below .001 all that will be left are the bagholders who believed this was a real company or a long term investment. This will fall to .0001 and a repeat of 2009 RS will probably occur. IMO
Do some DD on my original post and you will see I was talking about CBYI that trades on the OTC market. It would be safe to say that most who just got scammed by this latest pump and dump bought from an Online trading firm.
And FYI I do know the facts on shorting stocks and how shorting and naked short selling works. Other foreign markets do have less restrictions. with that being said, in my opinion the SEC doesn't do enough to shut down pink sheet and OTC dilution scams.
What?? That makes no sense
It is extremely difficult to short a pink sheet or OTC stock. Therefor it is extremely rare a pinkie or OTC get shorted
Most common shorting that occurs down here in the unregulated markets is naked short selling and it happens on almost every one of these pump n dumps. Market makers know what these are about and know the price will tank and they will cover at a fraction of what they sold for.
How about all the people that bought in the 2009 run then got stuck in the reverse split (5-19-2009) 1:500 RS, and watched the fraction of the shares they once had go to .0001
Check quarterly company posted an do simple math
Newbies. Blaming market makers for tanking price is a clear sign of dilution. Google signs of a pump and dump and you will see blaming market makers on almost every website. Truth is market makers use a process known as naked short selling. Google it. It is when MM's sell shares they don't have cause they know the price will drop and they can cover far cheaper then they sold for
Profit taking by insiders. You and I both know anyone that had .0001's or .0002's sold long before the .004's. crazy not to take those profits on a pinky if they didnt
I didn't forget to mention anything. 900,000,000 shares available to dilute. You put an interesting twist with your number and word games, but quarterly speaks for itself. Trading patterns speak for themselves too
They probably won't dump all in one day. Did very well dumping into a selling spree pushing from .004 to around .002. Then to the current pattern between around .0012 and .002. Just some math. If CBYI insiders dump 900,000,000 shares at an average of .0015, that is $1,350,000. Will make more with dilution with all the shares dumped down from .004
The dilution pattern that appears to be happening is the insiders lets this go until about .002 then dumps their shares down to about .0012 then let it run again on volume and repeat dilution. Today's report that shows 900 million shares available for dilution should be a HUGE RED FLAG to any newbies that got suckered into this. Also keep in mind that when authorized is maxed out..guess what could happen next..another R/S..just like in 2009
Authorized shares is 4 billion. Outstanding is 3.1 billion according to quarterly report. 900,000,000 shares available to dilute
How can you say no dump going on here. This was at around .004 not too long ago and bounces between .0012 and .002 now. This stock has all the classic signs of a pump n dump
Penny stocks can be shorted but its extremely difficult to do as an individual investor. These sub penny stocks are shorted by the market makers using a practice called naked short selling. They are selling shares they don't have because they know the price will eventually return to .0001 and can cover their short position at a significantly cheaper price. The person who bought at .0001 and sold at. .004 will make as much as the market maker who sells stock they don't have at.004 and covers at .0001
Thank you for the link. Anyone have any info on how many of these tires have sold. These tires don't look like anything that the average car owner would buy. Don't think it's good marketing to put out a warning to buyers that costly suspension adjustments are required for tires. Anyone on this board order a set of these?
So tell me, where can I buy a set of these tires?
These reports are made cause naked short selling occurs with almost every penny stock pump. Market makers know what these unregulated stocks are all about and will return to pre-pump levels or lower
Bagholders are stuck. This is what dilution scams are all about..create hype to raise share price so company insiders can sell of its shares at an inflateed price. If this does somehow go back to around 25 cents per share, it will involve a new round of bagholders and the same crooks will once again profit
Bill has sent many news letters to shareholders as well as held conference calls promoted by Steven. They all talked about this new technology that will make CCI an asset to the wireless industry. This has been going on since 2005 and what do they have..a company that is a penny stock trading on an unregulated market that reports dilution of shares in every quarterly report. This one will be no different.
Please re-read my post. I never said they couldn't post here. Just said they would be insane to do so..nice try..LMAO
The supposed CEO of this company posting on this board..you guys are reaching.. But that is a new one, never heard of that one before cause it is very illegal for a CEO to give out insider info and no sane insider would risk anything they say being misunderstood on any chat board. This is completely unbelievable even to the newbies. You guys can do better then this. IMO