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When are they allowed to dilute again? I believe there is a timeframe after a reverse split that they can't dilute. Could be wrong, but that is what I've always heard.
0.002 bid, wow.
There's a bid and ask on iHubs l2.
Probably because there are people that don't want to sell at a loss. I am afraid of when the dilution starts again. This could get even uglier.
I can't believe that the bid is below .01. Someone, just give me .01 for my shares, please.
Nice work Dianne. Hopefully, your work will pay off and we can get these con artists "locked" up.
We are in big trouble the rest of the week without some out of the blue news.
Out of sequence trade. These mms are up to something.
Anybody think we could actually close below 0.01?
The unfortunate part is that there hasn't been any dilution since the reverse split, and it has sunk this low already. Hopefully, they follow through on their 10 day promise, or else trips are a reality.
All you can do is hope at this point that things turnaround. I'm not gonna bother to sell now. I just hope we can stay above a penny because level 2 looks horrible.
A flipper finally took their 104,000 shares down to make L2 look better. Lol.
Yeah, that's an old trick to tell someone not to sell in pennyland. The only reason they tell you that is so they can sell before you do. I've fallen for it on another ticker, and I have regreted that decision for more than a year now. Wise up people, this is the wild west down here.
DudeWheresMyFLTT:
" I'm waiting to buy at .0001 to DUMP at .0003 before imo a 1 for 5,000 REVERSE SPLIT".
Sweet!
Should have listened to this guy lol.
Hate to be that guy, but what do you think was done with the dilution money.
As long as they dilute responsibly, it might have a chance.
"In February 2014, in accordance with the termination of independent contractor agreements, the "Company" privately issued shares of common stock to four individuals: 1,695,736 shares each were issued to Stacey McQuestion, Douglas Brown and Robert Lockwood and 1,685,736 shares were issued to Peter Bisconti".
Was it the market makers or the company that issued out these shares? Yeah, I'm still more concerned about the management of penny stock companies. You can believe what you want to believe, but this is where I stand.
I'm more worried about the management of these companies than the market makers.
Your right the Sec gives these scammers too much leniency down here in penny land. They need to be babysat. The penny stock market needs stricter rules, because fraud keeps happening over and over again.
You nailed it right on the head. The intentions are to fool as many investors as possible to bring in money. But, when the public finally catches on, they have that backdoor to escape from. Thank you Safe Harbor Act.
Anyone figure out why this Robert Lockwood guy got free shares yet. Maybe he traveled from New Jersey to Missouri to install some new hardwood floors in Coveys office, lol. Maybe the Sec might figure it out. Tic Tock....
Good traders easily double their money after reverse splits. The spread between the bid and ask tends to be large in the first week or so.
Aka, you wanted to create buzz to sell shares.
I'll take some 3's. Cough them up.
Thank you for those 4's.
Market Cap is only $225,000 at the moment. If they lay off on the dilution (unlikely) for a while, maybe we can make some money in the short term.
Anyone else having trouble selling with Etrade?
$72.88 trade at $0.08.
I honestly think America has the best free market system in the world. But, it's unfortunate how poorly regulated the Otc Market is. As every day passes, it seems like this company falls into the share selling scam category. But, hey they still have time to prove us wrong. Come on Troy, PROVE us wrong!
Surprise!!!
If there ever was a scam on the OTC?? Lol, there are plenty of them.
I think he got paid for keeping investors hope up on message boards.
I have to agree with photo4u at the moment. But hey, the company has a great opportunity to prove me wrong. I hope they do. Tic tock.....
I guess word is spreading that they only did 11 million in revenue for the 4th quarter. I personally don't believe it, but that's causing the panic selling.
Good morning VFIN.
That 60,000 is a fake ask. You really need 60 million tickets to get that bike.
$1,500? We have traded close to $35,000,000 since the reverse merger. So, I would say just a tad bit more than $1,500 to be safe.
After reading some of Facebook comments of Corey Dyess and others involved with the company, I guess it shouldn't surprise us that they don't pay their taxes on time. Just saying.
*hit* about to get real?? Oh yeah, I forgot, it's March! Lol. Prove it to your investors that things are going to get real. We are sick and tired of the noise.
Here in the Otc. Unless, you already recouped your original investment and are riding free shares.
I've learned that nothing is a "hold down