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For me it was a buy for the fact it was cheap, almost all otc stocks are hot at the moment, and the roll of the volume. As I stated I was just playing the game. I did DD before getting in, and knew the company was trash. Just like the SEC knew it was long before they decided to suspend it. Never was a problem with the SEC until people started to make money on it. Seems like pretty crappy way to regulate it imo.
Just sad the company that’s setup to protect investors, and regulate the industry don’t setup a process to avoid people getting caught up in this sort of thing. Even after this suspension there is a strong possibility that they don’t kill it, and just allow it to go to the grey market. What happened here is no different than what happened with GameStop except GameStop is active and slowly dying instead of already being dead.
Not by the company. The company is inactive and waiting to be scooped up through the courts. What’s crappy about what the SEC suspension is, those of us who did our DD was just playing the game. We knew just like the SEC knew this company was junk before it started getting volume action and moving up. I’m sure it was reported that people were promoting it online. But I don’t see how that is any different than when reddit took GameStop to $300+. Where was the SEC then saving all the fools from buying it at those prices? This was an effort to scam the little guy who was doing the same thing that happened with game stop only doing it with a company that is way more garbage.
This might be a real gem. Has anyone done much for DD here? Does HTSC still work with IDGC? https://www.prnewswire.com/news-releases/icf-industries-inc-signs-master-services-agreement-to-provide-its-cannabis-consulting-services-and-cannablock-products-to-idglobal-corp-301002109.html
What platform are people using to buy this?
That’s what I am saying. A class action will be the only way to get the SEC’s attention. It’s a good idea to go to war on this, and not sell. But there’s a lot different between this and VSYM. I’m in that as well, and didn’t sell, & it has done fine on the greys. But that company actually does have operations ongoing. I won’t argue this company is dead in the water. But Imo if they let it trade this long shouldn’t stop it cause it’s now getting attention. SEC didn’t step in and save all them investors from buying GME @ $300+ a share when every financial advisor who’s ever looked into them has projected bankruptcy within a few years.
100% they did
It seems like trading inactive companies is fine with this sec as long as investors don’t start to make a lot of money. When that happens the investor will be punished.
There’s tons of companies out there that are like this with no filings and no activity in years. If SEC wants to save investors then they shouldn’t allow those kind of companies to be traded. They shouldn’t wait til one is up 2000% and the F?($ everyone who got it to that.
Well I want to file a class action against the SEC for doing this. They claim to make this move to save investors. But why they wait so long to shut it down? They didn’t save me. If anything they are liable for my loss here. Like I say I was up 40%. It wasn’t a poor investment until they shut it down. Plenty of people after me thought it was a good investment or it or wouldn’t have been up 40% Screw you and the sec.
Many of the stocks on the breakout boards wouldn’t get a 1/3rd of their volume if there was no breakout boards. So social media and online platforms have been manipulating stock prices since the www was created.
Right. There’s many idiots who get on here and buy off the breakout board and that’s it. There’s 50 stocks right there that need shut down instantly also.
Yea it’s complete crap. It gives the SEC the authority to basically shut anything down they want if they deem it is being manipulated in anyway by any online platform. It is complete crap. Quit responding to me, I’m done caring about anything you have to say.
Wasn’t a poor investment decision until the SEC shut it down. I was up 40%. The people who buy and sell make the market. I’m fine with it if they are going to shut all companies like this down. But seems pretty messed up that They let it run til now and only shut it down cause it was hyped online. Not like this company just terminated operations yesterday. I invest to make money and like I say was up 40%. Not my fault everyone else bought this garbage after me and made the price go up. Honestly not even my fault I bought it. If SEC has problems with companies like this being hyped and price going up, shut em down when operations cease. Not long after and when people are making cash on it.
Complete crap. Like you say, where’s the protection when we needed it. This isn’t protecting anyone who is already involved. If anything suspending it is sabotaging our investment. This is going to tank if and when it ever trades again now. Thanks SEC on saving me from this 40% profit I was already up and now will probably lose everything I put in here
When’s the stop sign come off?
Lot of accumulation but a lot of people taking profits from here.
Good DD. If this don’t start making a major run up, I’m going to hold it and find out how it all goes down. I’m not selling my shares here for less than .08 If I can’t get that, I’m getting VSII shares. With the appearance that the SS will be low and shareholder friendly, those shares may become very valuable if VSII can generate reasonable revenue.
I wonder what the SS will look like for VSII. At 1-10000 though, a person would have to think whatever it is going to be the float is going to be pretty low.
Got more on the dip. This will eventually fly. Not many companies under a penny selling the amount and quality of product this company is. Once the market realizes it people are going to know what a gem this is to have.
Yea idk it is really weird cause looks like trade was early before open? I’m not sure I don’t have level 2 but looks like the volume of that trade was over 2 million shares at that price? I’m not sure what the deal
Is there. Crazy impulse buy?
Here’s a link. Idk how to post a pic here. Etrade shows after hours .05
$VSYM gapping up? pic.twitter.com/RMOQSJMGbI
— The golden Child (@da_only_miestro) February 9, 2021
I took the opportunity on the dip to get more shares today. Coming financials imo will be good as always. Once people see what 1myle is going to be bringing in it will be game over.
After hours action. We’re all rich! Price just got real.
Me as well. I won’t allow this consolidation to get my shares. If anything, I may pick up more on its dip. I’m confident this is going higher.
Eh. Happens. Everyone selling now going to be kicking themselves when those fins come. Days away. .08 going to seem like peanuts.
Right. Really this is a gem. The potential is endless. Market cap imo is going to seem small once people realize what’s all going on here. This company imo is with it. I’ll soak more shares up if people want to keep letting it consolidate until the company drops more news. As soon as I can get me an order for their Be Water I’m going to be on it. Also Green Concepts gots more going on than just the coming massive Be Water sales. This is a very exciting company to be a a part of, & I’m way long here. No intentions of selling at all.
The market cap may seem a bit extensive to many. Especially if one was just looking at past revenues. But I’m like you and am averaged much cheaper than the current price, and somehow yet still have no interest to sell this. If we didn’t see major potential for more growth or just dedicated to being here we wouldn’t stay. You are 100% correct that the foreign market has zero value until some deal(s) are made there. But the option and thoughts being brought up show just how big this company is thinking. Be Water itself is obviously going to be big. But Green Concepts runs deeper than just Be Water.
I think many might be underestimating this. The consolidation doesn’t bother me, I’ll soak it up as it dips. Soon as I see it available on Amazon I’m going to be on a case. “The only Premium American Artisan Water”. They haven’t had this in stores and Amazon for long. So trying to talk their revenues down to people who really follow is fruitless. Already talks of expanding into foreign markets. When they do start to announce the sales from the BE Water anyone who sold cause they thought it was overvalued will be kicking themselves.
Click the buy now button there on that T shirt and see what happens. Bout as effective as the rest of the company. I think the message is something along the lines of "Things don't appear to be working at the moment". Imagine that!
Yea awesome. But when I click on a product it says it is expected to arrive May 31st 2016. Guess someone missed the memo to put the product on sale through retail? I've been gone from here though. I see nothing here worth being invested in this. GL to all who are.
Bought at 5’s sold at 7’s. 268mil on the ask at 8’s. I’m out. Gl to all. I got other Vakser tickets to hope for.
Hedgies will go deep to save themselves. It wouldn’t surprise me if there was a nice donation to ihub today to keep this off that B.O.B. Still finished green even though they beat it down to 1% after being up 100%. Large gains like we’ve had here is like a mating call for shorts thinking they can just bet it back down. Guarantee 50%+ volume today probably on short action for it to fail tomorrow.
I think so too. I think hedgies are working hard to do all they can to keep this as low as possible. With the big gains it’s already had, I think they are figuring as long as they keep shorting and keep trying to beat it down. Going to end red eventually.
Price shouldn’t dictate the breakout board. Take a look at what’s hot on ihub. There is many trading above a penny not getting 50% above its avg 10 day volume no news and surly not getting the action this is. In fact there’s some not even getting its avg volume and pps fading back to nothingness. Their algorithms here for determining their B.O.B are wack & generic. Might be a place to go to look for some ideas. But not a place I’d trust for what’s really hot in the minute.
220 post+ at 1 point over 100% for the day and not on the B.O.B??? This stock is a ton better than many on the B.O.B. No way at double the avg volume should this not be somewhere at the top of the B.O.B. Gotta be efforts going on holding this down.
Their pushing it down hard to avoid having to cover a ton. I don’t think we are done here yet.
I agree. I don’t hate the consolidation though. I’ll pick it up as it slides down to reinforce my position for when the news does come. They really complete a triple reverse merger as rumored and who knows where this is going.
I have some of both.