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 usually stick to vegetables, but I'm going to eat up a lot of MYEC shares once this hits trips.....YUM!!!!!
I don't know about the end of the week, but I would expect it shortly after the unaudited fins are filed and the company becomes OTC Pink Current. At that point the note holders will be able to convert and drive the price down. Also, I believe MYEC needs to deregister their shares with the SEC in order to become current. This is going to get much worse before it gets better.
My guess is that the OS is somewhere in the neighborhood of 130-150MM shares currently. MAXM has dumped about 15MM shares into the market in the last two days.
Yeah, the notes and current OS needs be addressed by the company, and not through IR. Why are they not being transparent? Only thing I can think of is that they are hiding something.
I thought there was going to be news today? If MAXM shows up again, look out below.
Then why are they not listed as a shareholder in the 8K at the time of the merger? They certainly had enough shares per their filing to be listed.
Trust me I realize that, but they are also one of the go-to diluters for note holders (you realize that don't you?). Look the OS has grown at a rapid rate over the past 3 months which means that dilution is taking place, and I don't see anything that would indicate that dilution isn't still occurring.
Also, what happened to Eagle Financial? They filed their disclosure stating they owned almost 10% of the OS, yet on the 8-K that was filed they are conspicuously absent from being listed as a large shareholder. Looks to me that they sold their shares even though some were on here claiming that they were going to be long-term investors in OMVS.
At the end of the day there are lots of stories being told about this company, and the only one I believe is that dilution was and still is occurring.
With all due respect, IR should not and generally would not know of the current OS, so anything they report should be taken with a large grain of salt. The only entity (other than the company itself) that could shed light on the OS is the transfer agent and they are still gagged. Odd that a company would gag its transfer agent while allowing IR to release its best guess as to the current OS.
How do you know this? MAXM has definitely sold more than 8MM shares since the merger. Anyone who claims they have heard something, or know something are either lying or have insider information which is another red flag.
No, the notes and dilution are killing this pps. I thought there was some sort of disclosure coming regarding the OS and/or notes?
Wait?!? Didn't Bux say that there wasn't any dilution? Hahaha...where's the disclosure regarding the notes that was supposed to be coming?
Well this is actually some real news. Hopefully they release some news about signed deals just before the big conference.
I agree...once .0491 held strong I started loading in the low to mid .05s. Lets see if the dilution is indeed done.
Not buying it.
Nah, there are quite a few out there who bought in the low .05's/high .04's who are still waiting for a bounce or a chance to get out at even.
Going to test .0491 again. Really strong support all day...if it breaks this will get ugly with flippers cutting losses for the day.
MAXM is on his lunch break. Sign on his door says: "Be back at 1pm.".
Who's ready for the lunch-time beat down? Let's get ready to TUMBLE!!!!!
I hear what you are saying, but there is no buying pressure and therefore no bounces. If the dilution continues this will continue to go down regardless of what the RSI is. Technical indicators don't mean squat when there is heavy dilution taking place, so a chart is about a worthless as this stock is right now.
Here come the .04's
Dumping continues...
This power hour might be epically bad....all those still holding from earlier looking to make a quick flip will be cutting their losses. If dilution continues as well then this could get real ugly really quick.
The lack of buying pressure at these levels is amazing. Where is Bux telling us that the pps will be $100.00 and that there are 100MM dollar contracts that are going to be announced?
Dilutors are allowing for bids to build in the .05's and then they are going to blast through them heading into or during power hour. 4's will print today.
Unfortunately, there is no "bottom" until the dilution has stopped. An update regarding notes and the current OS would be great, but there's a reason why the company isn't sharing that information at this time.
Yikes!! Here come the .04's
Lack of bounce off of third test is troubling. If the dilutors have shares left today we'll see sub .05s
Next support is .04. It's holding the .058 support, but I have a feeling that the third test will run through it
Something tells me that the 500K bid at .065 is fake. We'll see.
Broke through the SMA last support.....bidding at .04
About to break into the .05's. As hard as it was to sell two days ago and take the big loss, it would have been much worse if I had held on. Damn, this is the biggest Pump and Dump/Dilution racket I've ever seen.
Yup, I dumped my shares two days ago when dilution started up again. Took quite a loss too. Oh well, I lost my head on this one and didn't follow my rules when trading in the OTC and paid the price. Will play this smart from here on out to get some of my losses back.
Yup..I was thinking we would go as low as .06, but now I'm thinking it's going back to the .03-.04 range until the dilution stops.
Yeah, they need to address the notes. The dilution is what caused the PPS to drop 75% from its recent highs. Tell us when that is going to stop and I'll load up my boat again.
I guess if you consider projections to be meat. I view them more as bones with the hope that meat will be added.
Hopefully this PR produces enough buying momentum to clear whatever is left of the notes that are converting. If not, it's going to be another red day.
I would have been excited if they had commitments for 560 robots by the end of next year, but that's not the case. This "PR" merely states what they are projecting/hoping to achieve. The company needs to address the non-stop dilution that is taking place. These fluff PR's do nothing but hurt the perception of the company.
The anti-OMVS rhetoric has really ramped up. I'm looking for a push down to .10-.12 and will be moving money around accordingly if it gets there. Will see at least about a 100% bounce from there. IMO
Woah...that's a bold prediction. Wildly off base, but bold nonetheless.
Again, you better contact Allied Universal because someone must have hacked their social media accounts! There is direct evidence of their relationship/partnership and zero evidence to show that there isn't.