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You need to look at prior forms to see how many convertibles were issued. Also check the 10qs
There was also a print at .008. I’m betting we are close. If not this week then next. If we can hold these high trips then we should be fine.
L2 thin this morning and volume is low. Might see a turn up here.
Dilution may be done as of 1/31 or at least not aggressive moving forward. Looking at the 8k dated 12/26 the company had $675,000 due on 1/31/2020. Hopefully everything is now converted and we can move up. The conversions definitely accelerated this week but we held .001 at the close. A lot of the warrants are priced at .15-$1 so this could be a money maker if investors are patient imo.
I don’t understand your posts at all. Fix the grammar so others can understand please.
P2 trials start 2/3/2020. That’s next Monday, so my guess is the company is trying to get the last of the dillution done before they PR the start of the trials.
Post a link or stop spreading FUD.
From the BRTX website:
“We have received authorization from the Food and Drug Administration to commence a Phase 2 clinical trial using BRTX-100 to treat persistent lower back pain due to painful degenerative discs.”
Perhaps the company is trying to get all the overhang taken care of now before feb 2nd so it can take off when they release news that p2 trials have commenced. It’s been quite aggressive for a reason...all imo.
Nice dd...sounds like they need this to get above .10 by the fall for the noteholders to become happy. With the flow float perhaps that is possible. Their technology is very interesting...
Towards the end of the day the mms were showing actual size. Hopefully it carries into Monday and beyond. The chart has a steep decline a bounce without dilution could be sweet.
If that cross trade truly signals the end of dilution then we should see a nice bounce on this low floater.
Have a great weekend georgie!
Nice chart BB as it’s curling toward to 50dma. Trading very clean right now. Maybe we see .004 soon.
You think billionaires are accumulating LAHO? Really? I’m all for the stock but you realize it’s at .0011. Not exactly where billionaires live. LOL.
Ok so what wave are we in?
L2 is paper thin
Look at L2. There are literally no orders above .0012. Weird. This could catch the market by surprise imo.
I’m with you guys. I’ve been in this for a long time now and have done my dd. I have a core that I’ve held but am looking to tune my record-entry. The reality is that my longer term target is the $1 level. If that’s to happen, then any buy at the current level is a good entry. Let’s see how the week goes.
Thanks Georgie. I’ve always appreciated your insight.
I’ll be with you. I’m looking for another 500k so will be buying down to .0065 but will likely add the .008-.0085 range if we stabilize there during the week. Good luck...
Btw I do agree with you...timing the bottom is a bit dangerous as I believe the company still has much upside. But why add .0085 if .0065 is likely/possible. Breaking .01 was a big support imo. Though I still have conviction in the stock.
I’ve been buying this since the start of the year and have an .0065 average. I’m trying to time another entry.
Georgie do you think a .0065 touch/entry would still be possible before a major advance, or is it your opinion that .008-.0085 is the bottom. Thanks in advance.
And theres the 911...last time we got an 8k.
L2 turning again like it yesterday afternoon at this time. I wouldn’t be surprised to see a .0012 close today which is where OTCX is parked. Red or green doesn’t matter much to me right now. Monday should be good given the consolidation the past couple of days.
L2 just thinned out and MAXM parked at .002 again. Load and hold imo.
What are you talking about? M&As happen all the time. Reverse merging into shells and holding companies like LAHO happen all the time. Why? Because it’s an easy, cheap way for the merging company to gain access to the markets. The terms are secondary to the motivation by the larger company to go public.
Oh I know the answer! SEC fines and possible imprisonments for false statements. It’s why the SEC exists.
That’s the point of all this. Many OTC companies put out PRs about non-binding LOIs and the stock jumps a little. It then crashes because there is never an 8k filed with the SEC. There’s no ramifications to the company when the deal falls through because it’s non-binding, and an 8k isn’t filed anyway.
LAHO is different, they did it correctly to prove the legitimacy of the deal. First ensure the deal will happen so they make it BINDING. Then they ensure to support a price movement by securing the PR with an 8k. Can the deal go south? Yup it’s possible, but they’ve mitigated a lot of risk with a $500k payday if the other party backs out.
The key to all this as a shareholder, imo, is not the deal. It’s going to be holding on and being patient through the price movements. If you do your dd it will help build your conviction in the stock. That’s the only way you’ll withstand the price fluctuations.
Good night all.
Thanks Q7. Have a great night!
Absolutely. I’m not saying not to trade it...profit is king, but gotta know when to hold em too. Keep a core and trade the rest. Good luck to us!
Agreed. Folks are questioning the authenticity of the deal because it sounds too good to be true. To counter that I say read the 8k. It’s all in there including Global’s motivation. They need access to the capital markets to grow. If they do this correctly, you could envision $LAHO uplisting to QB or Nasdaq in time. Not trying to put the cart before the horse, but for .0011 it’s a steal and just the beginning imo.
If there were no 8k then I would give credence to the naysayers. But at this point they just want the stock at a cheaper price. Guess what...it’s already cheap.
End of rant....
This chart is looking eerily similar to the N*RX run when they announced a merger back in January. It took the stock from trips to .015+ in the span of a week
You guys are amazing. Read the 8k! Do some dd! Stop being so lazy if you’re thinking about putting money into this. Geez...
Those .0011 buyers are just the .0007 sellers from this am. Lol
Just need a .001 close or better for a nice setup into tomorrow. The volume tells the story.
Here’s the turn...
Agreed. Pullbacks are healthy for a bigger, sustained move later. The 8k gives much credibility so I’m not worried.
Agreed. There is no technical basis for stopping at .0017. I could understand resistance at .002 but .0017 is so random imo. Watch for a bigger move after lunch.
It isn’t chump change...but at least LAHO is protected in case things go south. However, I would expect this to go through. Global Stem wants access to the capital markets to help fund their business and expand. They can either ipo which takes a long time and is expensive, or they can reverse merge into LAHO which is already public.
It’s a BINDING LOI which means there are ramifications of it doesn’t go through. Specifically, LAHO gets $500,000 if the merging company fails to deliver.
Let it consolidate through lunch in this range. Should see a bigger move later on. Smart money is loading still imo...