Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don’t think we can just downplay others concerns here. When an OTC stock shows increasing revenues, council members of a major city vouching for them, yet has been tanking for the last year and a half.....it’s always a good idea to wonder why.
I don’t have the answers. Support seemed rock solid for over a year and now it’s completely gone. Insiders do own nearly 30% of the stock and that’s just the major shareholders. I would imagine Longs that don’t make up 5% make up another 30-40% or more. So you do have to wonder who is walking this down. To me it makes no sense for insiders to be doing this unless they are in fact loading even more. But with how much they already own, it’s unlikely.
I have to agree with him. There were hundreds of millions loaded well above this price. Revenue is growing each quarter with the best still yet to come....hopefully. It’s oversold and being walked down on low volume. It could certainly keep going down like it is, but I think it’s due for a major correction.
Thanks for the update! That lines up with most of the information I have uncovered as well. I’ve followed up with Childers Construction and the Project Manager.
LIGA is suffering from being in the pinks and getting attacked for it. Their business is solid and I have found them to actually live up to their claims across the board.
RSI getting to a heavy oversold margin again. Unless this somehow absolutely collapses, we are due for a nice bounce back soon.
Definitely. We always knew the SS would be the biggest weakness here. There must be some other players with significant holdings selling for whatever reason.
Didn't add it up, but look like well over 500k, maybe 600k in shares owned by insiders. Thats a nice chunk
It does look good, but someone is still actively trying to destroy the SP.
Crazy. 100s of millions of shares, if not billions traded at or above .005 for over a year and a half. In weeks that support level got wiped out and we are heading back to .003s on low volume bid whacks.
This is getting hit hard again. Sad to see a good company get beat up by the OTC.
Very confused by the SP on this one.
Starting to get a bit confused on the wording there. The Q says IF, the PR says financing already done. Do we know which it is?
Yea, SP isn’t pretty. But I do think this is a long term winner either way. Financing was secured for Brentwood which is another big step.
Come on now LiGA. Let’s see that report and update.
The SP doesn't seem to budge either way with good news or with delays. Been stuck in this rut for a long time!
GM LIGA. Hoping for that Q and shareholder update today. Q came out on the 14th last year and 15th the year before.
I agree that it would be nice to have a bit more of a social media presence for menial updates, but I don’t know what else they could really do.
For me, they offer more than any other OTC company I know of. An investor conference, semi regular shareholder updates, near monthly PRs, and current filings. Just curious what else you would like to see?
Couple hours left, but maybe we see the updates next week. Looking forward to the update either way.
How in the world is this so thin haha? One of my friends told me about this one, so I took a small position here yesterday. Very interesting news story on the 30th. But are those shares locked right now? Any longs able to point me in the right direction?
I think the PR said we should see a shareholder update newsletter this week and I am guessing we see the 10Q with that or first thing next week. Should be some good updates overall I hope. I personally don't expect anything major other than slow and steady progress, although Id take a major story!
There is nothing on the ask. Im liking what I am seeing here.
Interesting stuff going on here.
Definitely still stuck in this range. Was a bit excited for today, but no buying.
Going to need some sustained buying pressure for once! Knock out .0055 and we should be good to rock.
That was a very strong PR and rebound yesterday.
Crazy to see our LIGA sitting at 4 on the breakout board. Well deserved in my opinion and should be seeing a lot of solid updates over the summer. Newsletter to shareholders in a few days according to the PR.
For anyone new to the board, check out one of my earlier messages for why we are so excited. This is video from a Nashville city council meeting regarding this Brentwood development. Try to find another OTC ticker that has city council members excited about what they are doing:
Here is the official Bill which shows everything anyone would want to know, as well as the video. It shows when it was proposed, passed, and a great 12 minutes of discussion about Brentwood, etc.
https://www.nashville.gov/Metro-Clerk/Legislative/Ordinances/Details/28d2a882-861b-409c-aff1-8a1245a50b2c/2015-2019/BL2018-1438.aspx
And the vote link:
https://www.nashville.gov/Portals/0/SiteContent/MetroClerk/docs/legislation/roll-call-votes/BL2018-1438.pdf
Correct video link: LIGA is at minute 1:42:00 - 1:54:00
Bill BL2018-1438
Great stuff. Listen to the council member Swope discuss the development. Great encouraging stuff.
It was MAXM for sure. Was on L2 when that cross went through. Oh well. Their game failed.
You have to laugh at whoever tried artificially breaking resistance and just lost 9 million shares.
Absolutely. They aren't messing around. Yesterday broke the deadlock IMO. We go up from here, and soon. Glad to have you back on here for a bit!
Or more like - attempted dump, and now real business company effectively marketing themselves which leads to higher SP.
Do you even care about learning on housing developments work? They wouldn't buy the second half to he development if they were about 95% sure or more of making this successful. You can't fake city council meeting approvals for your company!
That was such an out of the blue strange trade.
Good to see that. I’m sure they are just redeveloping their websites or upgrading some parts of it. Maybe they had some technical issues as well. Who knows, but I’m sure we see something soon and hopefully some nice updates as well.
Not the prettiest of days. Hopefully the company has some strong updates soon as they have been quiet for a while.
Are we missing something haha?
I don't know, its been awfully quiet here this year. Hoping this picks up some steam this summer as we hear more updates.
A few responses to your post. Outside of just being a scary word in the OTC world, RS have no effect on the intrinsic value of a company. Market value would be the exact same before or after any RS.
If a company is succeeding as a business and wants to make a jump to a bigger exchange, it can be great for everyone involved.
Now for why .05. I would say revenue from Brentwood would put us very close to having value enough to warrant .05. And I think it’s very possible if they do succeed there, we could see a steep rise even above that with it settling at a fair value of .03-.05. That all depends on Brentwood and their other projects.
I don’t know for sure, but check my stickied post. I know they have to have the exact area for the Nashville city council documents and I remember seeing it in there.
Looking at the chart and volume here, this is a few high volume days away from a nice run.
Ask is thin outside of the retail person with ETRF.