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Just opened account, totally legit, definitely buying tomorrow
So using coinbase as a baseline, I am impressed. Site was a little slow loading at first. Maybe huge numbers signing up? I had to go through the whole verification process. Very impressed. Made a deposit by wire transfer. Overall very legit.
http://www.nasdaq.com/article/freds-fred-to-get-additional-funds-for-rite-aid-stores-cm802703
On June 13, 2017 Freds obtained additional funds to purchase an additional number of RAD stores from Walgreens after the deal. I think this is telling. Why obtain additional funding if no deal. I think the increased number of stores to Freds will satisfy. We will see.
MGTI I think BTC breaks above 3000. I have read that MGT also mines LTC and ETH to a much smaller degree. It would be nice to get a PR about ramping up mining for ETH. Lets hope that quick dip under a buck was what we needed to go higher. Hopefully it got the weak hands out. Lets see.
MGTI Gonna run
Bitcoin mining. They also mine ether and litecoin on a small scale. An announcement of additional ether mining would be game changing.
Only minimal amounts of startup costs get capitalized for each branch opened. Operating expenses get expensed in the current period. Therefore, when a branch is sold, there will be realized gains. No debate about that. As to the convertible notes, they are booked at the full amount to be repaid. If he negotiated reduced payments, there eill be gains since the interest and cost has already been booked in expenses. No debate about that. So there will be gains. No question. Accounting 101. So like I said again huge red flags, but may be an oppottunity. The TA being gagged and dilution are red flags. No doubt about it. No financials huge red flag. But that is why it is where it is.
NO MAGIC
There would be gains from the sale of branches. There would be gains from the retirement of convertible loans. The investment in TSGL would be sitting on the books. No magic there. And yes I do realize TSGL is illiquid. Again, IF financials are produced, I am relatively confident the 2nd quarter financials will show positive equity. BUT like I said before there are still BIG RED FLAGS. No financials and gagged TA. No need to attack my intelligence.
LTNC Investment in TSGL approaching 3 million
I am thinking of getting back in here. LTNC owns roughly 820,000 shares of TSGL. The value of there shares is approaching 3 million. Obviously there are some red flags here. The TA is gagged. I do not know if LTNC requested or sometimes the TA will gag themselves. There is definitely some dilution going on. I have put a call in to try to find out the current and outstanding shares from LTNC. IF financials do come out, I believe they will show considerable improvement. The negative equity should flip positive with the sale of branches and the investment in TSGL. So we have LTNC trading at a market cap of roughly 2 million and there investment in TSGL is worth almost 3 million. This may be an opportunity again at these levels. The financials have to be released though.
AS reduced to 8 billion as of yestetday 2-29-2016
If I uncover facts that are not consistent then I may sell. All your valid points about the past is what has created this potential opportunity. Like I said we shall see. The fact Ryan bought 2 billion on the open market is substantial for me. The payroll tax liability is very disturbing, but I have verified that an installment agreement does exist. I have also verified that the illegal conversion was true and the current share structure makes sense. I live in the Charlotte, NC area and travel to Atlanta pretty often. I have visited the branch in Charlotte and Atlanta. I have visited the headquarters. That part is legit. There are many otc traded companies that have higher market caps than ltnc and everyone knows they are not legit companies. So again time will tell.
Again you make valid points as well. Ryan had tweeted that the TA was not gagged, so I wanted to verify that. Thats all and the increase makes sense. Everyone knows what happened in the past and that is why it trades where it is currently. I am in at an average of .00025. I am looking forward. IF what he says is true then there nay be a huge opportunity here. I have visited several branches and the headquarters and it is a legite business. In addition the guy owns 2 billion shares. That is substantial. So lets see what happens. If the authorized shares are reduced, I believe a huge pop happens. Only time will tell.
Not funny at all. If they were willingly diluting that number wiuld be a lot higher. Plus it pretty much verifies what Ryan stated. So to me everything adds up. If the number wasnt higher it would not make sense. And that the TA is not gagged is a very big deal in OTC world.
I would think so. The numbers add up if you go back and look at the volume from the days before that was announced
Yes. Probably when Ryan stated the convertible note holder sold shares they never. Still reassuring the TA is not gagged. You can get the TA's info on otc markets
Emailed the TA. Got a response in 5 minutes. Current issued and outstanding is roughly 7.41 billion. Nice to know that TA is not gagged as Ryan has stated.
PYDS SHOULD GROW AROUND 100 % IN 2015
PYDS CURRENT PE AROUND 10
SUPER LOW FLOAT AFTER REVERSE SPLIT
PYDS REVERSE SPLIT SHOULD BE ANNOUNCED FRIDAY ALSO
PYDS LOW FLOAT AROUND 40 MILLION
PYDS NASDAQ APPROVAL SHOULD BE ANNOUNCED AS WELL
PYDS EARNINGS OUT FRIDAY
DRNE 8K OUT AFTERHOURS CONFIRMING COLLABO WITH CNN
PYDS AT LEAST 100 % UPSIDE
PYDS ANYTHING UNDER .40 IS DIRT CHEAP
PYDS UPLISTING AND BLOWOUT QUARTER WITHIN 2 WEEKS
PYDS TRADING AT A THIRD OF PEERS
PYDS PROFITABLE EPS OF .04 CENTS
PYDS REVERSE SPLIT ANNOUNCED ANY DAY
PYDS NASDAQ UPLISTING
PYDS DO YOUR OWN DD
PYDS TRADING AT PE MULTIPLE OF A THIRD OF ITS PEERS
PYDS CHART IS READY FOR ANOTHER BREAKOUT
PYDS CURRENT PE 9
PYDS APPLICATION ALREADY SUBMITTED
PYDS NASDAQ UPLISTING
PYDS CURRENT PE OF 9
PYDS DO YOUR OWN DD
PYDS CHEAP SHARES AVAILABLE AT .35
PYDS JUST NEED REVERSE SPLIT TO OBTAIN MINIMUM BID PRICE
PYDS NASDAQ APPLICATION ALREADY SUBMITTED 15 DAYS AGO