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Sorry, I was being sarcastic. I tend to believe those as well. But, even then I take filings with a grain of salt.
Based on today's volume, it looks like more PPMs are dumping. Adding to that huge, bloated OS.
The Company can say they won't keep issuing PPM shares all they want. But, we've all seen how reliable ABQQ statements are.
Again, there is no way ABQQ ever gets back to QB without a massive RS. No way.
A few more months and ABQQ will have been below $0.01 for a whole year. But, let the false comparisons fly. We've heard them all by now.
Well, if it was posted on twitter, then it must be true. Because everyone should believe everything that is on social media and the internet.
And how similar were any of those to ABQQ in terms of size and revenue? It's like that false comparison of Deng being more successful than Stephen Spielberg.
There's a very good reason ABQQ is trading where it is. If there were any real interest in ABQQ, it would trade higher. But there is no real interest. The only time there is any volume is when the PPMs need to dump their shares, adding to the float. At the rate the PPMs are dumping there won't be any preferred shares for ABQQ to buy back.
Good luck getting any money back. The only ones to make money on this now are the attorneys. And they are laughing all the way to the bank. Unlike UOIP investors.
DING DING DING!!!!!!
ABQQ has not broken through and set a new 52 week low. A measly $0.0002. That's right. One fifth of a tenth of a penny. Pathetic.
Well, a RS is their only hope of ever getting back to QB like they stated they wanted to do ASAP. The OS is going to be over 1 billion before you know it.
I am curious what the 1/4 is.
That's all great. Except ABQQ may not have the option to repay the proceeds from the preferred stock and need the preferred shareholder to agree to repayment. Most likely it's not like they say "oh, here is your money back" because it's not debt, it's equity. The investors purchased those shares. ABQQ would also need a share price at or above $0.01 to get back to the QB. No way that ever happens without a massive RS.
Four hours down and there are only TWO trades. There is absolutely no real interest in ABQQ. The high volume days are not because of interest, it is pumping by ABQQ so the PPMs can sell their shares. Too fricking funny.
Maybe I am getting ahead of myself here, but ABQQ really is a scam diluting machine.
The market has been open now 2.5 hours....and not ONE trade. Pathetic. A clear sign the market thinks this stock is crap. Funny how the calls were "$1.00 coming soon" to "$0.0005 is looking really good." The cheers really should be "1 billion OS soon."
I guess it's not how you start, but how you finish. IDEX is down for the day. Guess that $1.00 stock price isn't coming soon after all.
IDEX is not "looking strong." As of right now, it's only up about 1/3 of penny (3%). Surely, not a huge increase.
ABQQ isn't even a flippers play anymore because when there is an increase in volume the stock price isn't going up enough, long enough to make it worth flipping.
Ahhhhh, a stock price of $0.0005. A thing of the past not to be seen again.
Watching the stock price of ABQQ is like watching a drowning man with too much weight (shares) sinking to the bottom and desperately trying to get back to the surface to get a breath of air. But, at some point, the sinking man won't be able to get to the surface.
Come on man. ABQQ can do it. One more lil tick down and it will be another 52 week low.
I've been following ABQQ for a couple of year now. And, one thing has remained constant the whole time. The pure entertainment value. It is as strong today as it was day one. No matter how many red flags there are, investors still find ways to throw their money away on ABQQ shares.
Gee, ABQQ sure is spending a lot of time in the $0.0003s and $0.0004s. I don't think ABQQ will be in the $0.0005s and stay there any time soon. Maybe even ever.
Will you look at that. ABQQ traded a whopping, whole $1.82 in the first 30 minutes today.
Looks like all of those stellar statements resulted in equaling the 52 week low. Pretty soon $0.0003 will be a 52 week high.
Again, the demand for ABQQ shares at opening is staggering. Overwhelming. The system probably isn't processing the trades because it thinks there has to be an error or mistake. But, nope. The system is wrong. No one wants this garbage stock.
Don't forget. ABQQ shares make great bird cage liners. It's cheaper than newspaper.
DING DING DING!!!!!
The new 52 high is in the mid $0.01s. That is a very far cry from where it is stuck now. It will NEVER get back to this 52 week high. Not without a massive RS.
Even a PR can't resurrect a dead stock like ABQQ. Gee, I wonder why? Maybe because any investor who does 5 minutes of DD knows anything ABQQ says can't be relied upon. It's smoke and mirrors at ABQQ.
Did Ding Dong or any of his lousy movies win any Oscars the other night? Nope. Not a single one.
I can see the demand for ABQQ is red hot out of the gate. You know, if it weren't for a last minute prop purchase at the end of the day yesterday, ABQQ would have gone down by 50%. That is quite a feat. A real accomplishment.
ABQQ really should change it's name to Gimmicks, Inc. They are trying every trick in the book to prop the stock price up so that PPM shareholders can dump their shares, which is causing the dilution.
I wonder why ABQQ hasn't made any of those movies they said they were going to make? Probably because the movies suck. But, don't forget, some considered Ding Dong more successful than Stephen Spielberg.
The stock price is back down to $0.0003 again. The weight of all of those OS shares is crushing the ABQQ stock price. And will continue to do so.
Looks like $0.0001 is infinitely much more likely. Equaling a 52 week low is a great way to start the week off.
Gee, could that possibly be one of the PPMs getting rid of their garbage before ABQQ goes to $0.0001?
Where are all of his cell phones? Because, according to some, if he has a lot sitting in front of him, that means he really means business.
I'm 95% sure we will hit $0.0001s today, maybe even this morning.
Even though UOIP is delisted, unless you sign an NDA or become an affiliate, the information you get is going to be pretty limited.
They've already diluted to the point where ABQQ increased their AS from 1 BILLION to 10 BILLION. Now, why in the world would any company do that if they hadn't already run out of available shares? They even came out and said they didn't have enough shares when they announced the increase in AS.
Is it really "a good year" when they have a gross loss. Sure, the gross loss decreased from the prior year, but they have not shown they can make money. And by making money, I mean revenue less cost of revenue, which does not even include SG&A expenses. They tried, and then had restatements that took the previously reported revenue down to zero. That shows me management either committed fraud or they have absolutely no clue what they are doing. Either way, it was worth reporting them to the SEC.