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.
Another 25 mill added to OS… V close to the limit now.
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
AS increase expected early 2022 - Assume Unlimited
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion
Jan 2022 4.63 Billion
Feb 2022 4.73 Billion
March 2022 - No Change
April 2022 4.83 Billion
May 2022 4.86 Billion
June 2022 4.94 Billion
Since Dilution was claimed to have stopped in December 2020 another 2.6 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
Will do at end of month.
The amount of share diluting after SR said there would be no more dilution is incredible.
It will be resolved like they all are. It will bubble along for a few months before MSTR settles out of court for enough to pay off the lawyers. Investors will get zero.
That it only took them a few hours to decide and issue a PR tells you they have nothing that we do not already know. It’s just another pay day to them.
Should be another step down is today. BTC is very close to to media stated $21k BTC that will kick off the margin call. They are wrong, but the media will enjoy printing their stories anyway.
At $19k BTC, that’s where the carnage really starts.
Pretty much expected I guess, but thought it would take longer than a single day…. CLASS ACTION Incoming.
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces that it is investigating Microstrategy, Inc. (NASDAQ: MSTR) to determine whether certain Microstrategy, Inc. officers and directors breached fiduciary duties to shareholders.
Be careful out there..
It came up on Whale Alert, Crypto Whale also tweeted it earlier today.
Considering the overall holdings ( its a relatively small amount ). I suspect this is boosting collateral against the loans to fend of any liquidation should the price drop suddenly.
BTC seems to be stabilising for now… next few days may be interesting.
MicroStrategy has just transferred 2089 BTC to a new wallet, I assume one outside MSTR control. When the liquidation / Margin call comes, you may find all the BTC Has disappeared.
$45 Million taken out..
Be very careful here.
MicroStrategy has just transferred 2089 BTC to a new wallet, I assume one outside MSTR control. When the liquidation / Margin call comes, you may find all the BTC Has disappeared.
$45 Million taken out..
Be very careful here.
Still think I’m the clown.
BTC is not in Armageddon territory let, but the risk of it collapsing along with the de-peg of Tether is very real. You could read the weekend action as a bad few days. Or simply the next leg in something much larger.
I state again. MSTR nailing its colours to the BTC mast was a huge mistake. The CEO has to go.
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
AS increase expected early 2022 - Assume Unlimited
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion
Jan 2022 4.63 Billion
Feb 2022 4.73 Billion
March 2022 - No Change
April 2022 4.83 Billion
May 2022 4.86 Billion
Since Dilution was claimed to have stopped in December 2020 another 2.5 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
OS up again.
4,866,991,936
Does Steve Reinharz believe in his own Company enough to purchase on the open market??
No… obviously..
I guess because inflation is higher. That said, banks should do better than most in this environment.
Lol… this will be under a penny before too long.
You can experience it all for yourself.
A simple truth here. The company has pegged its future to BTC, and BTC is dead
MSTR can survive, but it needs a new CEO, and a new strategy.
Good Luck
This is due to come alive again soon.. could be worth a punt.
Fins out
https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00036887&issuerType=03&projectNo=03376467&docId=5192594
FY 2021 HIGHLIGHTS
• Gross revenue from hashing operations was $34,664,905 versus $7,993,449 in the prior year, representing a year over year increase of $26,671,456 or 334%.
• Adjusted EBITDA was $3.3 million, up from the $9.6 million loss in the previous year.
• Cost of revenue for the year was $15,801,267 (including depreciation and amortization of $2,264,892), compared to $6,878,128 (including amortization of $891,178) in the prior
year.
• During FY 2021, the Company mined over 162,000 coins on the BSV network and 4,200
coins on the BCH network.
• Future growth secured with deposits for plant and equipment of $20.7 million.
• TAAL processed over 172 million transactions on the BSV network for the year, earning almost $1 million in additional rewards from transaction processing or 3% of total revenue.
• As of December 31, 2021, TAAL held approximately 77,000 BSV coins in treasury, compared to the 70,000 BSV in the issued guidance; this increase was due to additional rented hash remaining online in the fourth quarter.
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
AS increase expected early 2022 - Assume Unlimited
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion
Jan 2022 4.63 Billion
Feb 2022 4.73 Billion
March 2022 - No Change
April 2022 4.83 Billion
Since Dilution was claimed to have stopped in December 2020 another 2.5 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
Q4 2021 earnings tomorrow I guess. Any later and it will be technically late
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
AS increase expected early 2022 - Assume Unlimited
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion
Jan 2022 4.63 Billion
Feb 2022 4.73 Billion
March 2022 - No Change
Since Dilution was claimed to have stopped in December, another 2.5 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
At least with the garbage can, you know its gone.. You are able to get on with your life… This company will take everything, but over months / years.
Investors down 99.99995% since SR took over.
OS number in context.
08/24/2018 Reverse 1:100
03/27/2020 Reverse 1:10000
AS increase expected early 2022 - Assume Unlimited
Mid April. 400k. ( following 10000:1 RS was 4 billion)
Mid May. 2.3 Million
Mid June 17.2 Million
Mid July 152 million (Restated 196 Million)
Mid August 446 million
End September 843 Million
October 1.504 Billion
November 1.889 Billion
December 2.326 Billion
Dilution stopped following a deal with the toxic dilutors
Feb 2021 OS has continued to rise, and is now 2.9 billion
Mar 2021 3.229 Billion
Apr 2021 3.545 Billion
May / June No Change
July 2021 3.853 Billion
Aug 2021 3.967 Billion
Sep 2021 4.03 Billion
Oct 2021 4.33 Billion
Nov 2021 4.38 Billion
Dec 2021 4.43 Billion
Jan 2022 4.63 Billion
Feb 2022 4.73 Billion
Since Dilution was claimed to have stopped in December, another 2.5 Billion shares added to the OS
More Toxic debt taken on in September 2021 ( $20 million, with another $10 million cleared )
Further falls in the Ruble today and Moex now not trading until at least Wednesday ( Expecting initial drop to about 400 )
Inflation rising uncontrolled. 20% interest now looking nowhere near enough to control it.
I see no way out for the Russian economy.
Default on March 16th a near certainty. Then final set of downgrades.
At this point Ruble trading at 1000 to the dollar in a few weeks seems entirely possible.
Kepler suggests a buy….. i think not…
What is the exposure to the crisis for DB. They say they have reduced exposure, but can’t find from what or what risks are left. derivative exposure here would be especially damaging.
What possible value can the company add for shareholders
They have already crashed the stock price 99.999995% over the last few years.
Debt is growing, shares diluting… no value at all
I agree with you that an RS is generally worse than an AS increase.
I also agree with the exceptions where an RS is unavoidable.
Here lies the issue
Increasing the AS sends a message ( not as bad as an RS, but still bad ) whatever its increased by tells the market what dilution will be like over the next few months / years. So do they increase by 1 billion ? 2? 5! 10! Or unlimited?
My guess is unlimited, huge unending dilution incoming.
Then the price hits 0.0001. Then the RS.
The short position on BSV is reducing rapidly.
https://www.tradingview.com/symbols/BSVUSDSHORTS/
Let me make another point on why an RS would be a better call for Steve than an increase of AS.
If the AS is increased, ( lets say unlimited ) the stock drops 80%-90% the need to raise cash continues so dilution hits.. to raise the required funds billions of shares will be dumped and soon trip 0000..
If the RS ( say 10,000:1 ) the stock drops 80% - 90% OS now just 500k. Diluting into that is a LOT easier… just 500k extra shares doubling the OS would be acheivable.
Steve is making a mistake ruling out an RS, its one he can easily reverse.
He was saying he was NOT the CEO at the time of the 2 RS…
Great find, i know at the time we all knew he was the real man in charge. I am not the CEO Steve was always a fun dig.
Yeah thats the guy…..
5 million is probably the going rate to keep your mouth shut… he taught Steve how to run a scam properly….
Lol…
Wasn’t Garret technically the CEO.. SR however was in charge in practice.
I remember at the time I used to call him Not the CEO Steve
Why do you think it would be any different this time around than the previous three.
The company is bleeding money every quarter.
The CEO is awarding himself millions in bonuses ( and owns no common shares )
The company is drowning in debt they haven't got a hope of clearing.
They are dealing with toxic lenders which will dilute the hell out of the stock
AITX = SCAM 100%
Reverse splits sent a clear message to investors.
1) we are going to dilute the hell out of the stock
2) we are a scam company.. you know this as its our 4th RS
Last RS stock dropped 90% within 2 weeks
They also diluted right upto the AS within a couple of years
Reverse splits absolutely do matter. They are the reason that investors are down 99.999995% on this stock. Its a SCAM, the only reason AITX exists is to make money for the CEO and crappy toxic share investors.