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JohnCM, I couldn't resist, the RSI was too enticing and it looked like there was some blood in the streets. So, I just had to pick up a few more CDE shares. Like you, I feel that anything under $10 is a solid buy for this stock. However, if the share price now tanks over the next couple of days you and others can go ahead and blame it all on me. lol
Anyway, good day to you.
bobhwang, I do like your optimism of the sector and support of junior mining stocks such as Vista.
Ex-clearing for upcoming dividend should be this Friday. Anyone on this message board planning on attending next month's annual shareholders meeting in Toronto? I still haven't decided if I want to go and try to have a chat with Mr. Hayden about what happened with the NAMA project. I've got a few unanswered questions at this time which I might pass on if someone plans to attend and is interested.
Anyway, good day to all.
oxnous, I agree, pretty good swings if you're inclined to day trade FSLR. I rather look for oversold and overbought conditions to on more of a macro scale using RSI while considering ema crossovers. To each their own, as long as money can be made. And, yes, it's always nice to have a core position in stock industry leaders like FSLR.
Appears the stock is going to sit in this $67 to $74 range for a while longer and build up a stronger base to next launch from. Looking good so far.
Anyway, good day to you.
It's easy, just place a sell at the "market" instead of a "limit" order. Company insiders/funders who consummate toxic financing arrangements with conversion discounts to the market share price do it all the time. They make back their money because of the discounts. Likewise, service providers that are given shares instead of money sell for what they can get and then take a writeoff for the difference in value of their billing invoice and moneies actually received from the share selling. Frequently happens in the land of penny stocks.
ASYI is a classic Pump and Dump ... worthy of being mentioned in this fine forum. Below is a brief summary of the ASYI latest pumped and dumped saga.
In mid-2012, the company issued a PR stating it was no more. They had divested their aircraft engine software efforts, and were now ceasing all their leases and the CEO moved on to another job. It had approx. $8M in debt at the time, so as they were closing the doors they evidently decided to raise the authorized share limit to 5 Billion and enable the debtors to obtain and sell ASYI common shares to get some of their owed monies back.
Over the last two years since then, there have been several observed high volume trading spurt periods. During these periods much conjecture was present to pump up the message boards regarding stories/rumors of potential triple reverse mergers, buyouts and even resurrection. However, few evidently believed in such potential as the share price remained trading in the triple zeros, even on days where over 100 million shares were traded. The stock was and continues to be treated like lottery ticket plays where their is insufficient conviction to bid up the shares. After each of the multiple spurts the stock always arrives at its intrinsic value of No-BID by $0.0001 ASK.
Of course, there's talk of some mysterious entity out there "soaking up" the $0.0001s and slapping the $0.0002s, but that pump job never amounts to anything tangible in actually increasing the share price for any length of time. That's because most fail to realize the entity (or entities) out there isn't doing the buying, they are the previous debtors doing the selling to try and get some of their money back. And, almost all buying is apparently being done by those hoping to score a quick double by buying at $0.0001 and selling at $0.0002. Little do most realize the wall of the debtors ready and willing to sell their shares to meet any and all pump sessions. As that fact is slowly realized, many then decide to sell and break even and move on, only to sell those shares to other hopefuls, who in turn go through the same cycling over time. This phenomenon has been coined by the term "musical shares", and likely speaks much to the amount of traded shares, along with the debtors sells, making up the spurt volume periods over the last two years. So, lots of pumping and dumping going on in this security.
It also has been interesting to watch the board lately, since the ASYI company business license was revoked three weeks ago by the NV SOS, and the SEC is expected to come in at any time and suspend the trading as they haven't been reporting and providing the investing public with material information for the last two years. This is all bringing in an urgency to the "musical shares" game before the clock and music stops. Who will be the remaining bagholders, that is the final question.
Anyway, good day to all.
PYCT is a classic Pump and Dump ... worthy of being mentioned in this fine forum. Below is a brief summary of the PayChest share selling scheme.
Between 2004 and 2011, the company issued over 20 Billion new shares, and finally maxed out and bumped against the 28 Billion authorized share limit with 27,850,264,936 shares issued. After new management came aboard in late 2010, they released dozens of forward looking, hot air PRs which most of the savvy investment community saw through as unverifiable creative writing about a previously failed product line from Canada (women's flushable pads and pantyliners) being resurrected here in the states. As such, the PYCT share price remained in the trip zero cellar in spite of the steady flow of touted "great" news.
All PayChest insiders/funders managed to pull off during this pump period was getting a small group of folks to believe the get rich stories only enough to buy massive amounts of $0.0001 paper for sell from their toxic financing arrangements. Few actually fell for the stories hook, line and sinker and tried to bid up the PYCT shares.
Then in mid-2012, the DTC came down on them and imposed a "Chill" due to an issue with preferred share conversions and shares being issued into the outstanding. The "Chill" remains in effect, even to this day, some two years later.
Another interesting note is that the PayChest IR representative evidently has told shareholders (verbally, but won't put it in writing) that there exists a naked short of 3 to 4 billion shares in PYCT. Of course, this doesn't jive with the SEC bi-weekly FTD Reports that continually indicate there are no massive naked shorts in the PYCT stock. Some shareholders have carried this to an extreme and posted there is a massive short of over 100 Billion shares, even though only around 78 Billion total shares have traded since 2004. Funny how some companies tell shareholders the evil shorters are at work on their stock when in fact they are the ones issuing shares and diluting the shareholders. Even to the extent of getting busted by the DTC for such activity. lol
Anyway, just thought I'd share the PYCT saga in this IHub's Pump and Dump Hall of Fame.
Good day to all.
Smilin_B, how can the share price rebound when the company has almost doubled the shares outstanding in less than a year. How about asking Rob who is Roy Meadows and what's the amount of money AGCZ still owes him? And, why isn't Roy's contract transaction documented in the 2013 company financials? Something is fishy here.
Roy evidently has been selling shares in massive quantities to the tune of hundreds of millions. There isn't a short here, it is Roy that looks to be single handedly keeping the share price down with all his dumping. The short story is just a distraction to let Roy keep on keeping on imo.
aldapogs, AGCZ almost doubled its outstanding shares in 2013, by issuing 929 Million shares for debt conversion and another 480 Million shares for services, taking the total outstanding shares from 1,583,031,318 to now 2,992,031,318 shares. Based on this dilution rate AGCZ should get close to the 5 Billion authorized share limit by 2014 year's end, especially if Roy Meadows is still owed more monies.
http://www.otcmarkets.com/financialReportViewer?symbol=AGCZ&id=117660
Where in your link do you see Roy Meadows' name listed with AGCZ?
Anyone know the deal with Roy Meadows?
Evidently he was issued over 112 Million shares in 2012 (in 5 transactions) and over 814 Million shares in 2013 (in 10 transactions), for some debt conversions and yet he isn't listed on the 10% beneficial owners list at year's end (see annual Disclosure Statement link below). This means he's been getting converted to common shares in exchange for debt owed and then selling them to the market at a good clip, likely into the various high trading volume days.
http://www.otcmarkets.com/financialReportViewer?symbol=AGCZ&id=117661
I tried to find out just how much more AGCZ owes Meadows, but I couldn't find anything in the annual financial statement which is strange (see link below). Anyone know what is going on in this regard?
http://www.otcmarkets.com/financialReportViewer?symbol=AGCZ&id=117660
Good day to all.
blah12, thanks for your reply. So, it sounds like the key for BLTA investors to know that the air carrier cert is actually approved is the day that ticket sales commence. Up to that point it remains a forward looking statement. I guess my trigger will be when the mini-evac test is conducted.
Anyway, good day to you.
As SRGE has been silent for well over a year, with no valid office address, working phones or e-mails to enable contact by investors, it is utterly ridiculous to now expect any good news is just around the corner. So much for the planned riches from owning this POS stock. I hope the perpetrators of this get their dues.
Can anyone answer a question about how does Baltia know just when the 45 days in advance occurs to allow the start of selling tickets, since it's BEFORE Baltia actually receives the certification approval? Based on July/August go ahead timeframe, when would the 45 day trigger occur? TIA
Good day to all.
space1230, now that ASYI has been revoked the interest in it is waning. The trading volumes over the last 3 weeks speak to this fact. I was expecting to see some kind of volume spurt today due to the rock bottom ASK of $0.0001 reappearing and all the interest expressed after market close on Thursday. Guess most folks are waking up to the fact that SEC suspension of ASYI can occur at any time, since they haven't provided material information to the public in the last 2 years.
That's an interesting criteria. How do they know just when the 45 days in advance occurs to allow the start of selling tickets since it's BEFORE Baltia actually receives the certification approval? There has to be a better trigger point that keys them off to when they can sell tickets, otherwise they are saying the FAA notifies them 45 days PRIOR to getting formal approval, and that doesn't sound right. Anyone else think this is strange? If they tied sales go ahead to passing the mini-evac test, or after inaugural flight or some other hard milestone I'd better understand this. So, based on July/August timeframe, just when would the 45 day trigger occur?
To answer the question on who could be unloading new shares one should probably best look at what entity or entities were owed monies by ASYI when it was being abandoned in 2012, and the authorized share count was raised to 5 billion shares. I don't believe for a minute that ASYI management decided to spend the time and effort to raise the share count just for the heck of it.
I do believe a significant quantity of new shares have been added to the O/S because of this payback of company debt, and those have been selling to help drive the various large trading volume spurt periods reflected in the stock chart over the last two years. Just how much selling is from new shares entering the market, versus churning (musical shares) from folks that get bored upon seeing no share price movement and decide to move on is anyone's guess, as no one can say for any certainty.
The telling thing for me is the fact that no matter what the ASK is (whether its $0.0002 or even $0.0001) very few ASYI shares are being bought, almost all are by BID sitting which is booked as sells. This tells me there is no real buying conviction and that few actually believe in any reverse merger, company revival, etc.. Instead what I see are speculative purchases similar to what people consider akin to lottery ticket purchases of between one and three hundred dollars. And based on what I understand in all this, I'd have to say it has about the same odds as winning a lottery. That's my opinion and others have every right to disagree.
Anyway, good luck to all.
adanac, it's from your very own documentation a/o Jan. 1, 2004.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99889413
PayChest, the "company", has dumped and continues to dump shares and dilute the PYCT shareholders as your consolidated summary reflects. Folks need to open up their eyes and objectively realize that theie investment has been significantly diluted since PayChest took the story over from CES and started running with it. Note that even the "new" PayChest management has dumped over 5,000,000,000 shares on their watch, and have nothing to show for the preferred proceeds but paid tout promos, forward looking non-realized PRs, a PayChest Oregon dissolution, no available sellable products, no product marketing efforts, a CTO in BC Canada, a STOP sign on OTC Markets, etc., etc. In short, PayChest brings in funder monies, but produces little to nothing for it. Heck, I can't even give PayChest credit for the Mibella trademark now that we see Cardiff Bay Holdings is the registered owner. This is all a sad joke being played on the PYCT shareholders. As such, get ready for my next post, I promise it will be a stimulating subject.
Anvil, I believe the answer to your question lies in the following, taken from PayChest's financial report. This agreement was consummated after the two DTC Audits and note the effective date that they could legally convert the preferred shares. Compare that to the April 2012 date, when the company was notified the DTC Chill was imposed. Note that I initially thought that Cardiff Bay Holdings was the offending entity (as it's Banks baby), but on reviewing their contract details they were issued Notes and not preferred shares, which PayChest indicated was the cause of the Chill. As such, I'd have to say it was most likely LIG.
WholesaleL2, that's probably not a bad idea. It's been so long since anyone has heard from ASYI, back in 2012, I'm sure there are some new eyes on the stock that could use some assistance in quickly finding out the down and dirty facts about what has happened to the company.
What a significant accomplishment for Boeing. Delivering 8,000 of their 737 version aircraft is a major milestone and yet they still have 3,700 aircraft on order backlog. That tells me the evolving product is superior and needed throughout the world. Glad to see some US companies/industries staying competitive in this ever changing landscape.
Good day to all.
I'd have to say that a significant base has developed at this CALVF share price level. Other than the sharp drop seen just after the announcement of the Fidelity Printers assuming the intermediary roll in selling the Zimbabwe miner's processed gold, the share price has been at these current levels since August of last year.
The share price is heading into a pinching wedge and the 50 dma continues to head up towards the 200 dma. In absence of any driving news, the rate of closure on these suggests that something should happen within the next two weeks. Either it breaks to the upside and heads to the next major level of resistance at around $0.86 or it breaks down and moves to the $0.71 level.
With the annual shareholder meeting to be held next month, there possibly could be some positive news forthcoming. With the NAMA project not panning out as was hoped for, I'd expect Mr. Hayden to at least outline his latest strategy and go forward plans to continue to grow the company. Let's hope for the best.
Good day to all.
Well, CDE just hit a RSI of 30.32, so I expect to see at least some near term support coming into the stock. The moving averages are still on the downside so it may take a little more time to break the intermediate trend. The one year chart is horrendous and only makes me think that irrational pessimism has set in on CDE and most of the mining stocks. As such, once investor sentiment finally changes I'd expect to see a significant reversal and a "V" shape formation (similar to what happened with the general market back in 2009). This is going to be quite the show when all is said and done imo.
Anyway, good day to all.
SPM555, the stockcharts on AGCZ indicate that its 50 dma broke higher than its 200 dma on last Monday, so that is definitely a positive. There also is a one month long resistance level showing just under $0.001, so when that level is broken it then looks like the next stop is around $0.0018. That would certainly be a nice move to see.
Best wishes to you.
Not only has it been clearly shown that John Banks helped himself to PYCT common shares through his Rich Capital, but he also holds the Intellectual Property (IP) cards for PayChest's survival by being associated with and a principle of Cardiff Bay Holdings. As such, PayChest is relegated to pay Banks significant monies on a technology license agreement for rights to use the CES Flushaway name and produce the feminine hygiene products. And, recently, Cardiff also has been identified as the entity filing for ownership of the new Mibella trademark, not PayChest, which is strange and yet very telling.
As when the original CES story played out, as soon as Banks has extracted the maximum money he possibly can from this latest go-around of the green product "story", he and Tom Hands (PayChest IR) can readily take it elsewhere and start the share selling scheme all over again (with a new front company name, new actors, and new toxic finance arrangements). What a deal! Maybe this story next will be moved to Euroland (the French might be receptive). I can see that Banks is no one's friend here, and so I do find it interesting that some are quick to defend him, almost as if being compensated to do so.
So, you have Banks controlling the product related IP, and Xinpro manufacturing, if it really exists, controlling the product manufacturing capability (film machines, tooling, and personnel). PayChest on the other hand has no full-time employees, no corporate headquarters (evidently uses ghost CEO Pete Coorey's apartment in Kong Kong for this function), and no cash per their financial statements. It's PayChest Oregon operation has been in dissolution since July 2012, and its old payment system is defunct and taken as a write off. In short, PayChest is just a shell company which has nothing except for something called Goodwill (holds little to no value to any other entity) and a bunch of shareholders. Well, that and a few other things like a massive O/S of close to 28 Billion shares, a two year old DTC Chill and CTO in BC Canada, and a STOP sign in the OTC Markets.
Is it no wonder Pete Coorey refuses to address the PYCT shareholder concerns and questions in a webcast. The question is if he even is still around, or if he decided to bail because of the obvious hardships with trying to resolve the issues of the never ending DTC Chill. This could explain why no 2013 financial report has been released, because there is no executive willing to sign off and certify the financial data as being accurate.
Oh well, just another day in the land of PayChest.
I do wish folks much luck and good day to all.
Looks like Tom Hands was telling folks that the 2013 financials should have been out sometime late last month. It shouldn't take this many months to put together their historically demonstrated cut and paste job to produce a non-revenue generating, DTC Chilled company financial. Wonder just what is really going on behind the PayChest curtain and if anyone is even there anymore.
It's more like watch and learn how John Banks, with the aid of his share selling scheme vehicle called PayChest, dilutes and kills the PYCT shareholders. The only thing real about PayChest is that they have already dumped over 20 Billion new shares into the outstanding (verified during the official DTC Audit), and they are now prepared to dump over a billion more with the recent shareholder approved A/S limit increase to 29,000,000,000 shares. Sorry to say, but real sellable products and PYCT shorts are just a myth, and can only be found in imaginationland.
PYCT Completes DTC Share Audits
Since this almost 3 year old subject is evidently being brought to light again, the following is presented below.
Any new twist of pointing to the formal DTC Audits as verification of a mythical massive naked short in PYCT is nothing but grasping at straws, while providing new concerns that securities violations could be occurring. Please let me explain.
The two DTC Audits in PYCT stock proved nothing about any alleged massive naked shorts in PYCT. Per Paychest financial statements, the audits were successfully completed with NO shorts (legal or illegal) being reported or disclosed to the public. Likewise, the DTC didn't report or make a public statement that any naked short issues were identified. However, results of both audits did uncover a deficiency, or if you prefer "clerical" errors, in Paychest record keeping (hard for them to dot all the i's and cross all the t's in almost anything they try to do). The 2006 audit resulted in having Paychest subsequently adjust the reported common share count lower by 4,105,213,000 shares and the 2011 audit resulted in increasing the reported common shares by 124,014,285.
Reference page 22 of 2011 Annual Report - "On 15th October 2006, Genfin acquired a controlling interest in PayChest with a 100 million non-trading non-convertible preferential voting share block in the company. PayChest has received $200,000 in equipment for the preferential stock. During 2007, management undertook an extensive stock audit resulting in reduction of the total outstanding shares [decreased by 4,105,213,000 shares]. Additionally the company also reduced it’s authorized share count to 25,000,000,000."
Reference page 26 of 2011 Annual Report - "In June 2011 the Company completed a stock certificate audit with the Depository Trust Company. The audit identified an increase in the number of shares to be reported and an adjustment increase was made of 124,014,285 common shares, although no new shares were issued."
Interestingly enough, just a month after the completion of the second audit PayChest appointed Transfer Online as its Transfer Agent on July 13, 2011 (per the issued PR). It looks as though the DTC saw in the audits one too many "clerical" errors occurring with Paychest acting as their own TA and most likely then pushed them into paying for a SEC approved TA. I'm sure the DTC wasn't too pleased to find in the second audit that PYCT under-reported their publicly disclosed share count, which is a serious no-no. As such, I think it's most likely that it wasn't Paychest's idea, out of the kindness in their hearts, to fork over some of their very limited borrowed funds and pay for the TA service, and that instead it was a direct result of firm insistence by the DTC for Paychest to spend some money and clean up their act (enter strike one, with strike two being the small highly publicized share buyback and simultaneous massive share issuance through the side door surprise per the 2011 Annual Report, and strike three being the insider preferred share conversions increasing the O/S all leading up to the imposed DTC "Chill" summarized in the 2Q2012 report).
Now, for the interesting part of this assessment. Which scenario below would be the most likely situation to explain why anyone might want to push a DTC Audit twist as verifying some mythical massive naked short? You make the call.
Scenario 1 - The DTC audit results identified NO massive PYCT naked shorts so none were reported by Paychest or the DTC in a public disclosure, and instead a fabricated story was created (either by the company IR, who could be then telling a select few individuals of the fabricated short, or by some unscrupulous desperate shareholders on their own) to try and entice people to buy PYCT shares on some false impending massive short covering. If this scenario were true, then whoever could have made up such a story and might elect to propagate it on this board could be viewed as "market manipulation" which is a violation as defined by the SEC.
Scenario 2 - The DTC audits did uncover a massive PYCT naked short and the DTC, TA and Paychest got together and decided to hide it and not disclose anything to the public. However, this sensitive information was then given by the company to a select few individuals who elected to discuss it in this forum and try to use that information for their own personal gain by buying more PYCT shares to increase their position (for example, from 500 million to now approaching say 600 million shares). If this scenario were true, then whomever performed these actions could be viewed as falsifying or making improper disclosure, collusion, market manipulation and insider trading which are all violations as defined by the SEC.
So you see, it would be one thing for someone to fabricate a massive naked short story and post it on the PYCT board, but it would be quite another if someone were to specify the naked short premise as linked to the official DTC Audits. To do so would insinuate something underhanded is going on either within Paychest, between Paychest and a few individuals, or by individuals of their own accord, and as such would need to be looked into further by the appropriate authorities. Some people may have a hard time understanding when it's time to STOP digging the hole any deeper.
Good day to all.
bullhsxi2us, thanks for sharing the response from Rob.
I think it's a tough call regarding dilution versus conventional loans from bankers to meet funding needs/objectives. Details must be carefully considered such as whether the dilution is coming from toxic financing arrangements (e.g., conversions at under the market share value) and if there will be a need for implementing a reverse split down the road due to an eventual unwieldy share structure. Many mining company boards and management are leery of bankers sitting on their throats and turning over control as the POG is volatile and could put them in a precarious position at the turn on a dime. Issuing shares doesn't put them in such a situation.
Anyway, the bottom line is that it's a tough decision when looking at funding alternatives nowadays. I think it may be even more important in how management uses money. If they waste it and obtain little benefit or progress, then the money trough will need to be visited regularly and eventually will be the undoing of the company. If they properly use funds then hopefully it will just be a question of time until they are self supportive and won't need additional capital making the question on how they originally obtained it a lessor of a concern.
Anyway, those are my thoughts on this subject.
Good day to you.
Interesting end of the day move in the VGZ share price.
As far as technicals, the RSI is at 34.73 and approaching oversold territory, so we may see some near term support in the next couple of days. However, the 8 and 21 ema are still heading downward so it could take a little time to reverse trend and stabilize. Looks like there could be some small support at $0.4612 so we'll have to see if it holds. Overall, many of the miners seem to be experiencing a bottoming phase as the POG moves sideways. And, fundamentally, I still like this stock and the potential it has to take advantage and leverage any positive moves in the precious metals prices.
Good day to all.
I think it's a good idea that once Baltia is approved for flying passengers that they first concentrate on the business segment. That group will fly more often and therefore represent a larger portion of return customers (and frequent flyer participants). Although this certification process is moving forward like molasses in winter at least it continues to move forward one step at a time. And so far the aircraft maintenance checks appear to be progressing nicely with no major discrepancies/hurdles uncovered or disclosed at this time.
All in all, I like what I continue to see. Even though the Baltia airplane is yet to be airborne with paying customers it is on my radar screen.
Good luck to all.
I'm sure that any ASYI insiders that still have common stock for sale (to recoup monies from $8M in previously identified owed debts by ASYI), would appreciate more ASYI share purchases. Who really knows how much of the 5 billion authorized, and most likely issued by now, have been sold to the general investing public to date. There may be some urgency since the SEC suspension is looming, so there probably isn't much time left to prepare for the "Musical Shares" to stop for this go around. And, if enough folks step in and participate in the ASK slapping fest to buy ASYI shares on Monday, I guess it then could be called "Manipulation Monday". Hey, why not?
Anyway, good luck to all.
The SRGE stock chart looks absolutely sick.
It's like a patient that is gasping for its last set of breaths, and reflects the reality of no new word from SRGE or MSJ principles over this last year, about any alleged transaction concerning Cinco. Not surprising since SRGE never had legal rights to the property that both companies have now completely disappeared from sight. Certainly not my idea of how any company with supposed multi-millions in assets should behave. Yep, instead I'm now concluding that SRGE management is in hiding from US authorities since the SEC trading suspension occurred, never to be heard from again. Others may disagree with this assertion and it's their right to do so. I'll be hanging around here a while longer to hopefully some day see a perp walk by the responsible miscreants.
Good day to all.
pickit, how long has PayChest IR been selling this get rich story?
poopscooper, that would be something if the PayChest insiders not only dumped 20 billion common shares on the market over the years (a verified fact), but also shorted their own stock in the process. Quite a theory there as they would make money on both ends (e.g., selling shares that they issued while also selling non-reported shorts, which some here have alluded may exist (but by other evil market participants). That would take all.
You also make an interesting point, who else besides insiders and management would know that PayChest was never going to amount to anything, and that their PRs were just hot air full of forward looking statements making it a safe bet for them to naked short as much as they could stand.
This makes me really wonder just what happened to cause the legally imposed DTC Chill, as two years and counting really makes me suspect the worst. I also am finding it quite odd that the 2013 financial report hasn't been released by now. Perhaps some bad news contained within with no currently available offsetting positive news. Guess we'll have to see how this plays out.
Have a good one.
Although that may be the case, I don't necessarily think the PYCT share price will be more of a consideration versus how poorly PayChest runs its business.
Many people looking into PayChest might just conclude, as quoted below, that the company is a SCAM or P&D. That then might explain why the PYCT share price can't sustain a BID of $0.0002, even after the many years of trying.
All investors have to do is see the dozens of issued forward looking and unverifiable PRs, the paid for stock touting promotions and yet nothing spent in product marketing, the bloated 27,850,000,000 outstanding shares (of which 20 billion were dumped into the O/S over the last ten years), the fresh "STOP" sign on the OTC site, the two year old DTC Chill, the CTO in BC Canada, zero revenues in the last 10 years and no cash per the financials, an IR person that evidently tells shareholders the PYCT stock is shorted into the billions but yet won't put it in writing or provide any factual proof, etc.. Personally, I consider PayChest as just a typical run of the mill share selling scheme.
MilesTeg, looks like that gap at around $62 may just get filled, good call. If we get the high 50's you also mentioned would be a good buying level imo.
Anyway, good day to you.
brightguy, do you recall any SRGE shareholders posting about actually going to the investor "staged" tour of the Cinco mine back in April 2012, just before the major PR and board pumps and eventual stock trading halt from the SEC? I'm sure the authorities would want to talk to anyone that has direct knowledge of what went on at that timeframe.
Yes, some 7,000 SRGE shares trading today is a good indicator no one really wants to bid up and buy this paper, and those that have shares probably have come to terms that their investment is now a lost cause so why even bother selling it for the couple of bucks they'd now get for it. This is dying on the vine and the SRGE chart clearly demonstrates this stock is DEAD. No doubt a learning experience for many.
Anyway, have a good one.