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Most likely a trader with a large following sent a tweet, text or email out to all his/her followers about the stock. They pumped it up and now it's being dumped. This happened a few months ago.
The volume this week and buying is most encouraging. It would be great to know the catalyst since we've had no communication from the company and the stop sign is still in place. It certainly doesn't take much to move this stock. If the company becomes current with the SEC and releases an 8-K, this stock could see .36 in no time!!! GO AGDY
Hey there Wadi, it's been ages since I've reached out to you. Hope all's well with you. So what's your crystal ball say about the volume and price increase today? Hope this isn't some P&D thing going on.
I'm waiting for it to hold at $4 so it can uplist!!!!!
I guess I would post also if I was taken for $20K. I know I lost money in this stock. I truly hope ppl will do well with this investment. I'm just curious as to what's bringing this kind of buying activity to what was a dormant stock for years prior to this week. There have been no filings with the SEC as far as I know and no news from the company to warrant the volume that's been going on, unless it's all insiders. Also I wonder how they were able to obtain the necessary mining equipment after having lost it before from leans and repossession. I'm curious how did you find out about this stock and company?
I'd be very cautious about the recent activities with this stock. It's been dead for quite sometime, the company is non reporting and no news has been released. Two people that post here put this on the board a while back. My gut tells me this could be a P&D scheme by Pizzoferatto and Tarantino. A little DD might save you money. Be careful!!!!!
Why didn't you file a lawsuit against Pizzoferatto, especially since it's currently trading at .0895 as of this morning?
MITI is one of those rare OTC stocks that is ideally suited for SERIOUS investors who understand the time it takes to transition from a start up to a growth company. Mitesco's aim is to move on to the big boards as has been mentioned publicly by the CEO. In order for them to achieve that next step, they need to meet the criteria necessary for uplisting, such as naming their attorney, lead underwriter (if applicable), CEO and CFO, yearly revenues, company sector and website. CEO Larry Diamond is doing just that by appointing Philip Keller as Mitesco's CFO. All the cards are falling into place.
https://finance.yahoo.com/news/mitesco-expands-executive-team-adds-153800009.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAB8UhVXsvjN10p3pKSD5ruEvTyv0qYPvoe6-ltiwysmIa67z5iXE-tcasnG0dYizRt9RVO32IfdbOY6v4TiydvmOKisoWt8-VC9RDvC_A3HG0vz_SjsvcovH5dCenN46RsOBramXbwxvieT4R5nKgrbN2q9TpWzw5YD2Szg-W4MI
I appreciate your take on what's going on. Didn't know Marcus sold Datpiff. Then again I haven't payed much attention to this stock until recent activity occurred.
You're absolutely right across the board. It's blasphemous what Marcus has done to this stock and Datpiff's potential. Let's hope those buying up shares see the same thing and want to change that around.
Wouldn't that be a blessing Wadi. It's been so long seeing this kind of activity. Hope you've been well good buddy.
To be honest with you I was surprised to see this stock get past .0002. I wonder if this shell was bought by another company. I hope Alonzo Pierce has nothing to do with what's going on. News or an 8K would certainly be nice to see. This stock has been dormant for so long.
What's the catalyst driving this stock? Did news come out that I missed? It's been dead for so long. If this comes close to being a penny I'll truly be elated, that's for sure!!!!
Nothing like a good conspiracy theorist to add his 2 baseless cents!!! Get you facts right.
This is the lawsuit that I recall.
Reports: Tilray Sued By Soap Company Trimax
CONTRIBUTOR
RTTNews.com RTTNews
PUBLISHED
DEC 23, 2019 1:00AM EST
(RTTNews) - Canadian cannabis company Tilray Inc. has been hit with a $300 million lawsuit by soap company Trimax Corp. for allegedly trying to bankrupt one of Trimax's subsidiaries in order to buy the company cheaply for its line of CBD products, according to reports.
The lawsuit was reportedly filed in Florida state court in early December and moved to federal court recently. The news about the lawsuit was first reported by Law360 and later by Bloomberg.
According to the reports, the lawsuit allegedly claims that Tilray sought to acquire a significant stake in Trimax's subsidiary Saavy Naturals Inc. so that it could benefit from Savvy's existing CBD product lines and its distribution relationships with major retailers like Walmart.
Trimax alleged that Tilray's parent company Privateer Holdings attempted to convince Trimax's owners to make their company go bankrupt so that Tilray would be able to buy the bankrupt company cheaply.
Thanks for filling me in. It's been a while since I've kept up with this stock. For all of us invested, let's hope there'll be a profitable future!!
If my memory serves me, the owners got got the short end of the stick from either a merger or buyout. I believe it went into litigation, though I might be mistaken.
I've been holding for over 3 years. Ownership/management mishandled the running of their company and things eventually went to hell and a hand basket. It certainly would be nice to see a change and something actually happen on the upside.
Hope it's not a P&D. No news has been released.
That Tweet was from Sept 2019.
Though I would be ecstatic to see this be the real deal but this has the classic look of a P&D. There's been no catalyst to ignite this kind of volume.
Yeah right Glenn thinks the OTCQB uplist is an exchange listing. Someone needs to read the 8K again apparently. Common sense tells me moving from pink to OTCQB is the appropriate direction after SEC filing of the financials. Once again Glenn knows how to move the company forward.
Most likely being done by Auctus Fund LLC from the $380,000 convertible notes they are holding.
https://www.otcmarkets.com/filing/html?id=13333169&guid=xbpvUWjl7XpSfth
Currently the CEO's time is better off spent talking to those who will get to the bottom of who's manipulating the company's stock and correct the situation, not with the shareholders. As for the settlement, he received the lump sum in about 8 weeks which in my book is a fast turnover and avoided a prolonged dragged out battle in the courtroom. So if you add that money to the past settlement, he's brought in over $2 mil if I'm not mistaken and he's yet to pay himself salary owed for his past and continued efforts in keeping the company operating and XA growing.
That would be their ultimate death toll.
Their financial hole is dug so deep they most likely won't be able to sustain their business much longer. I guess the true litmus test will be how they're fairing after Argentina's harvest season comes to an end and what if any progress comes about from the Vegas operation.
Ain't dat da truth Doc!!!
OMG, they call that a website. Now that's scary.
I couldn't agree with you more Rocketstocks, though to be honest with you he does care about the value of the stock and hates to see it holding in this range (regardless of what others spew forth here). The only way to see the pps move north is for him to continue focusing on XA and buying back the O/S. Eventually this outside riff raff will cease IMHO.
How can a stock that's been manipulated by outside forces be blamed on the CEO? Glenn continue's to prove he's capable of rebuilding XA while making every effort to bring value back to the shareholders by executing his share buyback of the OS. When will people give the guy a brake? Given all the personal and family attacks he's had to endure over the years, Glenn's never thrown in the towel and walked away or flooded the company with toxic debt to enrich his wallet. What would have been the plight of the shareholder had those scenarios occurred? You all count your blessings that this man is NOT a quitter and is actually looking out for the shareholder's vested interest.
NOTHING LIKE DIGGING UP 19 YEAR OLD NEWS!!!!! Glenn paid his dues and has sacrificed a lot to keep CMG moving forward. Time to be relevant with the current progress of the company under the continued efforts put forth by Glenn Laken!!!!
In the mean time while the lawsuit takes it's course, Glenn will continue building XA and interviewing other companies to bring into CMGO. He is one tireless individual as most of us know.
If peeps took the initiative to want to know about what's going on with GCEI they should call (713) 566 - 0046 (Corporate HQ) or email them
info@globalcleanenergy.net. You just might learn something from your communications.
IMHO I truly think you're sadly mistaken and if you had invested when this was trading at .0056 I think you would be singing a different tune. GLTU!!!
Hhhhhmmm I'll take a scam like this any day of the week. I'm currently sitting with a 726.35% gain on this stock. Many others I trade with are at 900+% gains. Guess you came to the party late. This is just warming up IMO.
A Tweet from Glenn
A Tweet from Glenn.
Glenn posted this on CMGO's website. He also tweeted instructing shareholders to go to the site for updated information concerning the company's filings.
Hate to think this falls in the 6% bracket!!!!