Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There’s no middle ground for the stock price now. Either they cancel the reverse split and put some sort of news out confirming that and the share price skyrockets or they don’t and we stay around this current price range.
I completely agree. That’s what I was trying to explain to another poster here. In the OTC that’s considered an excellent float. Additionally, if you want to influence share price a buy back would make more sense at these prices. At this point there is no justification for a reserve split.
If they cancel the reverse split I’ll see you in penny land.
Only good news is that a reverse split usually tanks the share price in the aftermath of the split. Investors hate R/S. Well, in this case we’re already at the floor so there isn’t too much damage that can be done price wise. Since they let the share price fall to .0001 I feel like a buy back would be a better option. I wouldn’t be surprised if they canceled it or at least postponed it until next year but who knows.
Won’t matter if they don’t cancel the R/S. Nobody cares what’s coming in. In the OTC the share price almost never recovers. All the seasoned traders seem to agree. A R/S is an almost certain death blow. Yes there are occasional exceptions to the rule.
The only thing stopping this from hitting the moon is the pending R/S. We’ll see how it plays out.
True. It’s just a head scratcher for me. Oh well. Maybe they have huge plans that make them feel it’s imperative to decrease outstanding shares even though in the OTC 1.8B is still considered relatively low. No worries either way. At this point I’m just along for the ride. Let’s see what happens. I’ve got my popcorn ready.
We basically agree. However the reverse split info is vital. To be honest since this ticker has fallen to the floor to me a buy back makes more sense. No real need for a reverse split now. Just buy the stock on the open market. It can’t get any cheaper. At any rate I’m with you. A combination of an update and confirmation of no R/S and we see copper next month. There’s no way they brought this ticker back from the grave for no reason. Something is cooking and I’m ready to eat!
Have we determined if the RS has been canceled? If so, then it really is showtime!
Super weird. It was a text.
Thanks everyone. I appreciate it.
I’m pretty sure this is a scam. Anyone else get this?
Hi
Jeremy Neenan from Golkor, formerly Kat Exploration reaching out. Give me a call when you break free. Thanks.
Jeremy Neenan
Golkor.com
323 Sunny Isles Blvd
Sunny Isles, FL 33160
Now wait a minute.
Company reorganization often includes a change in the organizational or financial structure of a business. This is normally done through a merger, rebranding, acquisition, recapitalization, or change in leadership. This part of the reorganization process is referred to as restructuring.
Sir, I think we’re toast. I’m really starting to believe that people are viewing crypto as the new OTC.
I’ve said this before here. The only good news is it’s not the individual stock. The entire OTC is sluggish. My theory is that most of the money has been moved to crypto. And unfortunately I don’t see that money returning until 2025 if ever. I see people in Crypto talking about 10x, 100x, and 1000x+ plays. Sounds familiar right. That’s what we all used to get excited about in the OTC. Since both crypto and penny stocks are extremely risky, my fear is that investors are looking at crypto as the new OTC. Thoughts?
Okay. So I thought my comment was so awesome I listed it on three of my formerly favorite stocks. That’s it. Nothing more. Unfortunately, I think I’m right. No where near spam. I don’t have the time or energy for that. lol.
I hate to say this but I’m not sure it’s the stock. It seems to be the whole market. We all might be screwed in the OTC for a while. If you’re in the OTC that means you have a very high risk tolerance for your investment. From what I’m seeing right now on social media all the hype has returned for crypto. I feel like the people who want to “gamble” have taken most if not all their disposable income to crypto. I can’t say that I blame them. After this Bitcoin halving I keep hearing about it might be lights out for us for another 12-24 months. It’s just my opinion and I hope
I’m wrong but the writing seems to be on the wall. I need more crypto. lol.
I hate to say this but I’m not sure it’s the stock. It seems to be the whole market. We all might be screwed in the OTC for a while. If you’re in the OTC that means you have a very high risk tolerance for your investment. From what I’m seeing right now on social media all the hype has returned for crypto. I feel like the people who want to “gamble” have taken most if not all their disposable income to crypto. I can’t say that I blame them. After this Bitcoin halving I keep hearing about it might be lights out for us for another 12-24 months. It’s just my opinion and I hope
I’m wrong but the writing seems to be on the wall. I need more crypto. lol.
I hate to say this but I’m not sure it’s the stock. It seems to be the whole market. We all might be screwed in the OTC for a while. If you’re in the OTC that means you have a very high risk tolerance for your investment. From what I’m seeing right now on social media all the hype has returned for crypto. I feel like the people who want to “gamble” have taken most if not all their disposable income to crypto. I can’t say that I blame them. After this Bitcoin halving I keep hearing about it might be lights out for us for another 12-24 months. It’s just my opinion and I hope
I’m wrong but the writing seems to be on the wall. I need more crypto. lol.
The real kicker is that we all just watched this happen with SPZ!, which I believe had the same previous owner and very similar share structure. That stock is up several thousand percent after the change in control and it took a lot less than 62 days. I’m not even sure it’s been a full 30 days but we could fact check that.
Don’t quote me on this, but I believe the owner here was the same owner as SPZ! When he handed over the keys SPZ! did about a 10x and I think it’s up again today. Similar share structure. People could be anticipating that same type of move. Just a guess.
Cool. See you soon then. LFG!
I didn’t want to say it but since you did…… lol. You obviously see it. Too many factors to mention again but you see it.
This could potentially be the top RM in the OTC. Strictly my opinion but I see beyond Cooper here. I see silver. Let’s wait and see but it moves on air. All my opinion. Trade your trade.
Possibly. All I know is in my opinion all signs are now pointing to an RM. I wish I had more dry powder. I honestly can’t think of any other reason for all the updates. Guess we’ll wait and see.
Based on my opinion and my opinion only, there’s going to be an RM at some point. This is purely speculation, but I can’t see any reason for recent actions. I guess we’ll see. It’s certainly getting interesting to me. GLTA.
True. Furthermore I love the fact that this is still trading below .003. No one can say this took off too fast. No excuses this time. I don’t want to here how the rich get richer and whales always have the inside track. Zero excuses this time. Do your DD. In my opinion I see 10-100x coming. All in my opinion. Let’s see how it unfolds.
It would be awesome if this hits a penny before news. I think .005 is possible as early as this week.
I wish people could see it. This is potentially a unicorn RM. Not your typical OTC RM. Please do the DD. In my opinion 10x is all but certain and 100x is not out of the question. All in my opinion but please do yourselves a favor and at least do the DD and compare this one to other OTC RMs. Make sure you do this before the whales do. Once the whales get a sniff of this it’s over because you can’t deny the DD IMO.
I think people are finally figuring out the magnitude of what’s taking place here. Not your typical OTC RM in my opinion.
No I’m saying merger plays often never happen so shareholders often end up holding empty bags. However, when there is a legit merger, great share structure, strong revenue generating company, with experienced leadership the results are explosive. Think about it. From a percentage standpoint you’re probably looking at a minimum of a 1000% return from here with a merger. And honestly I’m thinking .05-.15. That’s my prediction and my opinion only. It doesn’t look like “making squat” is in your future.
I agree. But the thing about a merger play is it’s feast or famine. We either won’t make squat or we make a killing. I think merger plays are the riskiest in the OTC. There is very rarely a good OTC RM. However, those that do happen can make someone a small fortune.
True but there is no way it stops there in my opinion. I can’t see any way possible this doesn’t go to a nickel bare minimum. Truth be told the OTC is definitely back. However, even though I’m seeing tons of runners again I don’t see many legit R/Ms on the horizon. If this merger is announced I think we see a nickel at least without factoring in future progress. Unity mines is is such a strong company that once merged some people will look at this as a long term play. If that happens and people start to factor in to their bids what they think the future company could be worth then you’re talking .25+ IMO.
KATX. Look, if you had one shot or one opportunity to seize everything you ever wanted in one moment would you capture it or just let it slip? Lol
?$KATX. You only get one shot do not miss your chance to blow……. ?
Exactly. And why did people wait two years. Because they knew when it finally unfolded it would be well worth the wait. Well I’m noticing that others are starting to grow a brain on this one. After Thanksgiving I don’t think you’ll be able to get shares at less than .01. If news is released I think silver is coming. I don’t see any way possible this stays below .01 and. 05 or .10 with news before year end is not out of the question. This is all in my opinion only. Happy Trading!
What people are about to realize is that all things being considered this is arguably pound for pound the best potential merger in the OTC in my opinion. Think about it. You’ve got a great share structure, full SEC reporting, big bucks paid for the shell, proven leadership, and if the speculation is true regarding the RM with Unity Mines then the sky is not the limit. Also, Caren Currier was involved which is also a plus. Rare opportunity in my opinion. I think the share appreciation is due to information leaks. People are not stupid. I would not be surprised if this hits .01 next week with no news. All in my opinion, but I think the writing is on the wall. Also, one more hidden plus. Overall the OTC is getting hot again. Which means, if you’re not a whale and you make a good profit in this play since it’s early in the OTC bull run you’ll have the funds to be a whale all of 2024. I’ve never been a whale, but if this merger happens I’ll be one in the next play. Good luck to all. This is about to get interesting IMO.
Exactly. Sell pressure here is laughable.
Yup. Could be today because no one is selling.