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Yes, Questrade is a Canadian broker. I will check my chat history with them to see if they gave me a breakdown. I believe the total fee was $300.
That was the other thing I wanted to mention. I don't have a lot of shares from the divi, but I do have more than it shows Questrade has. To be exact, I have 4940 shares.
Just so all information is out there, my broker Questrade, has also not un-restricted my shares. They are demanding a fee, but I can't remember if any part of the fee was supposed to be by the TA.
Getting ready for uplist and name change?
Could be. Too bad the TA is not allowed to give out the share structure (ABCE used to allow this). Then you would see a change in the restricted shares, and it would help answer the question.
Shares that are added to the OS (diluted) don't have to be added into the market (i.e. traded) in the same time frame. You could see an increase in the OS and then wait a while to see the shares traded on the market.
I watched one company a few years back that has an increase in the OS of 10 million over the span of a week. In that same week, the total volume of shares traded was only 1 million.
In the case of ABCE, the total volume allows the shares to have hit the market. Doesn't mean that is what happened.
Either 80 % of the trades were the company selling shares, or some/all of the diluted shares are yet to hit the market. IMO
There could be shares coming in the future. But once again, in no way does this state that the OS will not be updated until "they" are done.
If dilution occurred yesterday, we will see the proof from the TA soon.
Yes, the company issued shares on January 4, 2019, and this was reflected in an increase in OS at that time. As was stated with communications from the TA.
And on Feb 12, 2019 the company issued a note that matures in a year.
Please explain where this states that the OS will not be updated until "they" are done??????????????
It doesn't. The shares already issued increased the OS, and this was reported by the TA.
If dilution occurred yesterday, it will be verifiable by the TA (within a day or two delay).
Unlike what you claimed. In no way does the 10k state what you have claimed.
I read them and your statement is BS.
With UNGS the TA was gagged. That's why we didn't get updates. You had to wait for the next filing to occur so that you could see the OS.
For GCAN, the TA is free to talk to shareholders. That is why the OS is updated regularly. This is a huge difference.
(And what you claim is definitely not said in the filing)
The OS gets updated as shares are added. If dilution occurred yesterday, and the new shares were traded yesterday (which is your claim) then the OS was increased. The TA must report the updated numbers. The only question is if they are a day or two behind.
You clearly have no idea what you are talking about. Claiming that dilution happened, but the OS won't change until they are done.
I'm waiting for the numbers from the TA on Thursday or Friday. I have been told before (by posters and one TA) that it can take a day or two to update the OS. I have also been told by another TA that it is updated the same day, so I am unsure on how instantaneous it is. Thus I will wait for Thursday to be sure.
If the OS remains unchanged as of Thursday per the TA, will you admit there was no dilution?
Can any divy holders (TDA or otherwise) confirm on whether their shares are still restricted or not?
Also suspicious/interesting
I agree that it doesn't look good, but I'm going to give the benefit of the doubt at the moment, since the OS has remained steady previously, and we are able to easily contact the TA to check.
Maybe it was a group, or maybe TDA unrestricted their (I think) 5 million of dividends from UNGS?
We will find out soon.
You would think so, but over the previous months, there have been some high volume days that you would have thought there was dilution, but the OS remained the same. The OS hasn't changed in a while.
If that was the plan, I figure they would have done it on the previous PRs rather than this filing. Not even sure what people have seen in the 10k that would have caused this run.
Will have to check with the TA to see if the OS has changed.
I am not misleading. I don't have access to the intraday trades, so I can't do that for you. It closed at or near the low each day, so the low of the day wasn't just a trade or two.
Do you have proof of your claim? Do you have an intraday trade log showing that the majority of the trades those days were in the 0.09s or above?
If so, post it. Otherwise you are the one misleading, and my source prevails.
It makes no sense that he keeps saying that nobody bought in the 0.07s and 0.08s.
Apr 09, 2019 0.1050 0.1050 0.0850 0.0900 0.0900 227,185
Apr 08, 2019 0.0851 0.1020 0.0700 0.0779 0.0779 238,756
Apr 05, 2019 0.1090 0.1090 0.0850 0.0850 0.0850 204,429
https://finance.yahoo.com/quote/GCAN/history?p=GCAN
He claimed the company is selling shares. He claimed this by stating to look at today's trades.
The preferred shares are not trading, until they are converted. When they are converted they will increase the OS.
If there is no increase in the OS, then his claim is false.
Please show us the confirmation from the TA that the OS has increased. Otherwise your claim is false.
That small sell into 0.36 showed how poor the bid support is at the moment. Thought we were going to start moving back up due to the small amount of action last week.
Take a look in this file:
https://www.otcmarkets.com/filing/html?id=12182891&guid=vAetUerQaT3rA3h
It is supposed to show the number of divies at each location. However, the number for Questrade is wrong. It shows:
Stockholder Beneficial Ownership Before Offering Shares of Common Stock Included in Prospectus
Questrade Inc * 39 39
I have much more than this, so even if I am the only shareholder at Questrade, it has never shown enough shares listed there to satisfy my owning. I always found this odd.
Questrade
0.45s gone.
Whoever has L2, keep an eye on that $40k bid. Somebody is hiding it by over-bidding by 0.001
$40,000 on the bid at 0.32
There was no date given for the reply, but another poster posted more recent numbers:
Good info. Odd that they reward companies who do reverse splits with weaker requirements. I honestly would have thought it would have been the opposite.
I'm assuming that from the company is where you had pulled your '5 day' information. Never heard of getting an exemption before for the 30 days. Will be interesting to see if the company actually uplists with this exemption.
The closing bid has to be above (or equal to I assume) 0.01.
That is not true. You may be thinking about if they are already listed on the OTCQB (not have previously been listed). Even in that case it is 10 trading days. However, they would be applying for listing, so it is 30 calendar days.
But those numbers are more than a month old
No problem. I believe that reporting by Abe may have been a forward from a communication with Gwinis. Not 100% sure.
Either way, seems like the restricted number has been changing up and down as things get worked out with brokers maybe? The OS being unchanged is a good sign though.
Also, check out this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146072820
These are Abe's last numbers. From Abe's reported numbers, the restricted is down.
I'm surprised about the confusion with the "D". If you trade in penny stocks, I would think you would have experienced being in reverse splits before. I know I have.
The "D" being added to the ticker name just signifies that a split happened. It has nothing to do with trading. Most people aren't able to trade for the first few days (usually 1-3 in my experience), as the brokers get re-organized). This was definitely the longest I had to wait to get my shares in my account. But then again, I am one of the people who waited a year and half or so to get my GCAN shares in my account.
And no I didn't sell yet. I have a small amount and will wait to see if I can get near or above the current ask price.
UNGSD finally showed up in my account this morning (Questrade in Canada)
When did you find that out from the company?
Last day
OTC markets has not had the correct OS for ABCE for a while.
When the last filing showed the up to date OS of around 495 million, OTC markets still showed an OS of 300 million or so. It has not been kept up to date on OTC markets.
They are supposed to be free trading already. However, certain brokers (including mine), will not do the work to lift the restriction unless you pay them a fee. Depending on the broker, I have seen people say the fee ranges between $350 - $900.