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Not really understanding your point..this SP is a shit show..so...I'm mad cause I sold for gains? What investors should concern themselves with is why the Unrestricted and the float is rising quicker than the Mississippi..LMAO...I think I figured out who bought those .10's..
Oooooo... what's that post about a month old..I wouldnt buy this @ any level..its about principle @ this point..but yea concern yourself with my trade...it makes that pill easier to swallow...typical otc rhetoric..
How exactly are they paying for this..or any aquistion for that matter..with the MASSIVE TOXIC DEBT & PENDING LITIGATION..I dont know how they get a deal done..IMHO
That was from the .25 Offering PUMP & DUMP...
What about when the Ask is lower than the SP
This thing is miles away from GETTING BACK to .10 to much toxic debt and pending litigation..not to mention they have no money for aquistion!!
Alot of High Hope's for a company with NO Money..Toxic Debt..pending legal litigation..you can put Syrup on a turd..still doesn't make it a flapjack..
That's the problem..Still to many sub penny holders trying to unload 1000's of shares everyday @ any price possible..with no liquidity on the bid..it will go lower next week!!
Wha.. wha..
In the 10q the stated they liquidated all KRG assets for 10 bucks..
It's a thin line between "bold" and foolish..
Nah..wouldn't be surprised if it settled in and closed @ about 0285..
What is still unclear is if Recommerce leveraged ALL their ASSETS for the PTS loan and If so what the cost to settle it?
I thought CFGN was the diluter..apparently not..this has the makings of a fire sale..geeesh..someone really bought this @.10
5 MM under 4..smdh..
Probably just more selling...
Well I bought it .43 and sold it all over 1 dollar..what do I have to cry about exactly?
Garbage...let me hear how it was a good day...convince that .10 buyer it was a good day..lmao..gotta love these cult tickers
Nah..insiders selling the chit out of it..
Weeeeeeeeeeee.....
Slap da ask...or nah?
Could print 02's today..the trend has been down for days..no money for aquistion and to much toxic debt..
Some will never survive the otc..weak pull out game!!
That has squat to do with it..its down cause its garbage..to much toxic debt and litigation
Let me hear how ANOTHER Red day is a good thing!! Smdh..BROKE ASS ticker has NO money for aquistions..
This garbage ticker is down again..029 comes before 07..wonder how that .10 buyer feels
Plenty of shares to be had..some just cant or do not want to see the current trend..company has no money for "aquistion"..no shortage of toxic debt and lawsuits
As long as people are holding sub penny the selling will continue..can blame them..could go 029 before it goes to 07 again..
Imagine those that bought @.10
The first Recommerce LOI the price was 129 MILLION COMMON SHARES..@ sub par 001 that would double the float..and that was 4 years ago..before they were "cash flow positive" (hard to say that with a straight face)
Pursuant to the Letter of Intent, the Company agreed to acquire the issued and outstanding stock in Recommerce in exchange for the issuance of the Company’s Series D Preferred Stock that, upon conversion, will convert into 129,078,225 shares of common stock.
https://www.otcmarkets.com/filing/html?id=12698340&guid=XnrpUegWbjc-F3h
Toxic Debt is what's in the menu..the filings tell the WHOLE story..
So long story to short your saying is if the note DID happen..as of today PTS controls Recommerce assests...
It has to be one or the other..the loan never happened and Recommerce doesnt owe PTS..or the Loan did happen and PTS has control of Recommerce's assets..and the Sanguine suit is ludicrous..wierd that an alleged cash flow positive company has these issues with toxic debt..
Section 1 paragraph 5
--> and assigned the security interest in all of Recommerce’s assets to PTS. <--
So who controls Recommerce assets..and how much will it cost to pay off that "bridge loan" from almost 4 years ago..I mean we all know what a bridge loan is right?
Ok..I will play along..If that's the case PTS owns all of Recommerce assets then...they fronted the money and...they used them to secure the loan..so who owes PTS for the loan CNGT or Recommerce..plus intrest ? Why wouldn't Recommerce have paid the loan back from 4/2018..or attempted to..is the question...
Nope the loan never happened..they were gonna borrow the money fro PTS but withdrew when the deal fell apart
The foregoing description of the PTS Note and the Recommerce Note the transactions contemplated thereby does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the PTS Note and the Recommerce Note, which are included in this Current Report as Exhibits 4.1 and 4.2, respectively, and are incorporated herein by reference.
https://www.otcmarkets.com/filing/html?id=12698340&guid=XnrpUegWbjc-F3h
Flippers love them some Low float cult tickers!!
Maybe today they will tell is how much it will cost..and how they plan on paying for all these pipe dreams!!
Are we gonna test the 2's today
How is a company with millions in debt liabilities and no money in the bank going to afford the Recommerce deal..and who and how is paying those "software engineers" for the SaaS software...lol