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Company disclosed 2nd quarter results 29 days after the quarter closed. (Early). Is there something in the works that’s on a timeline?
Hope so.
Company Now Pink Current.
https://www.otcmarkets.com/stock/GLFH/profile
Buyers have been slowly accumulating for the last 30 days.
What's next?
Company getting current.....
https://www.otcmarkets.com/stock/GLFH/disclosure
Hedgehog2, your first read through the report is spot on. Looks like shit.
My opinion, not good. AR dropped in half Qtr over Qtr, inventory rising, assets dropping.........etc.
If they add a BOD member, I sure hope he files an open market purchase Form 4 like O’Rourke.
If it where me, and I was in charge, I would wait until the stock started getting some traction out of this range before putting out new information. We have seen sellers coming out in size for a little longer than anticipated, which might slip things for a week or two.
Yes. I expect this to be out of this range (higher) by the end of this week or next.
Mike, if a retail has an account with a firm, and that firms trades with a MP on the desk, the retail account holder could have called up the BD, and told him to sell at market. If a retail used an online trading account, and he had say 1m shares he wanted to sell today, and the bid had size of say 450k, then he could put in a sell under the bid to get it all out.
If I was a MP, and I was on the desk and had inventory in my account, I would sell short all day long at the offer, and then at the end of the day, cover it with my long stock. (after hours print).
All of that being said, this stock is going higher. I think the true signal will be when see multiple new MMers show up one morning.
Also, don't forget there were a lot of shareholders that where trapped in this thing over the Plandemic, and probably where pissed since they may have needed the money. We have traded about 600m shares since the suspension was lifted. (about 65% of the trade-able float).
I can't wait until the retail dummies get out of this thing. Just when you think they are all gone, another one shows up. Sooner or later, they will be gone.
Time Bomb Ticking. Big Blocks Disappearing from the Offers, MP's nice and Long.
Sin, I don't think the management team at PWDY is stupid. That being said, I don't think they would have spent their own money and time over the last 2 years getting this out of the SEC suspension, only to plug in $2m top line with $300k on the bottom line for a public company. I know they have made promises not to screw the shareholders (i.e. reverse the stock) until they get enough valuation in the stock to substantiate a much higher price than where we are now. With all that being said, if an A.I. company wanted to go public quickly, then PWDY could be a great vehicle to get them there almost overnight.
PWDY management team are businessmen, not egotistical narcissist. If there is a deal that makes the most money, they'll do it. Why did the CEO buy 6.7m shares in the open market last month? I also think they are slow playing everything because of the B.S. the SEC pulled in the past. They are being careful.
How a SPAC deal could be structured.
O’Rourke returns his preferred, and gets his companies back. He and the other PWDY affiliates then transfer their common to the new CEO and new Affiliates. The old PWDY team benefits and participates in the SPAC by the free trading shares they purchased in the open market. If you see any more form 4's filed from any other affiliates, then you know the above deal is on.
Just like management promised, no change in the share structure, no new issuances, no convertible debt converting, etc. Smooth Sailing for Market Participants to get long the trade-able float, and get ready for some extreme valuation increases coming down the pipe with M&A, or a SPAC deal. Right around the corner folks.
https://www.otcmarkets.com/stock/PWDY/security
Get Long.
Incoming in about 2 more weeks. Liquidity start to pick up as the HUGE run about to get started.
Hedgehog2, the company should do absolute no pumping right now at all with the kind of trading volume PWDY has today. Management needs to grow the business, decrease cost of revenue, and look for a merger/acquisition/SPAC deal. Once the shareholders/traders who got stuck in this for several years from the SEC shut down are gone, expect an amazing Unicorn, Cult Stonk, just like the TSNP (now HMBL) rally from trips to dollars in 3 months.
It's coming.
alstocks, we want all the idiots we can get out of here at this level. When the pros are left, then the huge rally with huge liquidity will be forthcoming. I'm thinking mid July, we are above 2 cents, and then the bomb drops of a merger/acquisition. Expect trading of 100m+ shares a day in 2nd week of July.
I'll tell you something else. This dam thing is trading. There is amazing volume on this with absolutely no pumping whatsoever from the company. Ticking rocket about to launch with unbelievable liquidity around the corner.
And He is done............See you above 20 EOW.
A market participant picked up most of the dump today. He's routing through CDEL, been advertising 10k shares on the offer, and has sold millions at .0015. He'll be gone soon, and we bounce back up to where we where, and more.
alstocks, I disagree that is the stock that came out today. If you issue restricted stock for services, it can't become free trading for six months for a reporting company.
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144
The more these big blocks come out down here, the higher we are going to go later. There's no sky is falling, its either like the previous post stated, somebody 100% in the money sold, or, what I actually think happened, is there was about 17 million free tradeing stock that had not made it into DTCC (a brokerage account) according to the last T/A report. If that paper got converted, and the holder told the desk to sell it all, then that was the dump at market today. I'm pretty sure this is what happened, that the MPs new there was a seller, because they have been shorting the offer for days, and 20 minutes before the block came out today, the bid went from 1m to 50k (without getting hit) 20 minutes before the dump.
06/26/2023
Unrestricted
941,530,488
Held at DTC
924,399,428
Delta = 17,131,060 Almost identical the the size of the dump today. We'll see on the next T/A report.
Thanks for the 10's and 11's.
Again, no additional shares in the tradeable float, no convertible debt converting, SS locked up, and those in the know are accumulating the common tradeable shares.
PWDY SECURITY DETAILS
Share Structure
Market Cap Market Cap
3,864,108
06/23/2023
Authorized Shares
2,000,000,000
06/26/2023
Outstanding Shares
1,884,930,584
06/26/2023
Restricted
943,400,096
06/26/2023
Unrestricted
941,530,488
06/26/2023
Held at DTC (Tradeable Float)
924,399,428
Have a nice trip LowFloat. On another note, If I person calls themselves a Pro, and they can't see the setup here with PWDY, then they need to seriously extend their trading education. This thing is about to blow.
alstocks, this is an awaking monster cult stonk in the making. I'm expecting a TSNP run over the next two months. trips to over a dollar on a merger deal. All IMO.
Going over 3 by the EOW.
Most are going to sell this Cult Stonk in the making early. Just like TSNP, from trips to over a dollar in 2 months, this excellent DD Stonk PWDY will see a massive run in the next two months.
Huge Liquidity Day With No Pumping From Company. Next Couple Weeks Should be Strong.
Serious Lift-Off About to Happen. Liquidity Ramping Up.
Looks like a real Pro is making a market in our stock. One of the most important things to have for a sustained rally.
SS has not changed since we started trading again. Also, there are no convertibles, etc that will be diluting. What we have in the trade-able float is all there is for now.
ABSOLUTELY SPOT ON LowFloatLopes !!!!!!!!
Can't wait for these retail morons who put size on the offer and 'wack' the bid are gone.
Soon the pros will be left, and a liquid market can be made.
Keep an eye on the number of MMer's in the PWDY box. Currently we have 3 (INTL shows up once in a while either on the bid or the offer, but not both). When you see the number of MMer's start going up, then get ready.
Told you guys, every time that YouTuber promotes PWDY, and dumps his front run shares, the true longs have to accumulate, and stabilize the price again for weeks From his last video "Sorry I didn't do a video for the last couple days..........." Why? Because he was loading for the dump after his video. Really detrimental. Management needs to grow the company, stay away from the promotors, and the rest will take care of itself.
Those shares have been restricted for years. Any informed trader knows that the insiders could have lifted the restriction legend off those shares before they started trading again, and if there was going to be selling of affiliate shares, why would the CEO be buying with cash in the open market?
If it where me, and part of the deal I was negotiating on a merger/acquisition, the incoming company officers would want all the restricted shares from the current affiliates to either be cancelled or re-issued the incoming management. That's another reason I would be buying in the open market is because I would want to participate on the increases share value personally.
I can't wait until these retail idiots that put in big block limit sell orders are out of here. Jeeezzzzz
I wish the company would send a cease and desist to that guy mentioning PWDY on his YouTube videos.