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So what's the projected total of revenues from the companies LDSR is purchasing? Include N8 Identity.
You may not get your coveted island, but I think you will do well on your 666,666 (yikes!) shares.
If you believe that, he's corn-holed himself, his employees, and the owners of the companies he purchased significantly with shares. The verdict is still out.
Interested times ahead with a small float and a greatly reduced number of authorized shares. A few million in annual (recurring) revenues could get us a significant return on our investment.
Yes, bye-bye to millions of shares. We have come back down to earth in our dreams. But fundamentally DATA443 is still very compelling.
Never long in sub penny? Why are you here? Going to make an exception? TIA.
Thanks for your help. I see you are new to this board. Are you long?
Thanks for your concern. Please provide more details.
BB, never seen anybody so cavalier about a stock of which they say they own 50 million shares. I actually don't believe it. Sorry, bro. You care. Oh, yes, you do. Please stop the games. Psychologists call it a defense mechanism. You are stronger than that.
Chart shows good support at .0008. We saw that this am. If it does break through there, the next really good support is at .0006
Here's where we're going after the big split at this rate:
.001 = 75 cents.
.0009 = 67.5 cents
.0008 = 60 cents
.0007 = 52.5 cents
.0006 = 45 cents
PPS = app $.94
I would think at least 40 billion. :)
Jason reels 'em in. Clearly he knows how to sell them that being a part of something bigger is more advantageous that what they are doing now.
Love to hear his spiel to them. "Don't worry about our share structure, debt, or pps." We're good. Here's why...
28 years. Profitable and doing well. Why hitch your wagon to a "loser" like Jason? His lowly penny stock company is selling for about a tenth of a penny! Are you crazy? Tell me what are you thinking?
Why do Cpops posts not show? I have not put him on Ignore.
Keep those posts coming, WIC. Regardless of anybody asking or trying to stop you. I'm relatively heavily invested like you and appreciate the positive and informed perspective you always offer.
No idea other than any guess to help the stock jump to dollar realm. 10 cent and 10:1? More likely 20 cents and 5:1? Who knows, as I assume there will be lots of developments on share structure, etc. between now and then. I look forward to those days.
Of course there will be no reverse split here. People been saying that for months. Gets so old. When we get to pennies, a reverse split with good forecasts gets us to a buck and the Nasdaq.
My opinion based on a sense from Jason. A penny gets us Q penny stock rating, which brings investor buying, a dollar gets us off the pennies. He has addressed both up-listings as his goal.
Signs of a double bottom. Read this:
https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_reversal
Indicators: Length of downtrend, low volume as it reaches bottom, then high volume as it comes back up, etc.
Those waiting on "trips" (whatever the hell that is), may be sorry.
We may not get to .0006 and lower. I loaded up at .0011 and I'm done buying.
Thank, TROW, for a good post.
Interesting since the major down line trend line is at .0021. We get there and things get possibly really exciting. To each his own.
Yes, all gaps filled. Weekly and daily ones, just like that. Grabbed another 1.4 million shares at .0011. Hate gaps, but might as well let gapology work for you...
That's what I do. I just take advantage of the reality of gaps. They're simply there for you and everyone to see. A gap is a gap. Put your Buy orders in and that's it. I cannot in any way explain them but I like the clear cut signals.
Sorry. Ain't gonna happen in my opinion. History (100%) says gaps on this one will be closed. No biggie. Our time will come.
One gap filled, but the one from .0011 is clearly still there. Remember I am referring to candlestick body gaps on the daily chart.
Also, now check your weekly chart. There is a new body gap as of yesterday. To close that we need to close at .0016 on a Friday or open at that number on a Monday.
Just the messenger...
TROW, I would really appreciate a layman's version or a quick summary of the bottom line that you are getting at the last 24 hours. I'm having trouble grabbing it and perhaps others are as well.
Respectfully requesting, of course, and thanks in advance.
It was oversold. The extended downtrend was due for a break and for there to be at least a temporary upsurge. We have seen this over and over. Was the Seeking Alpha a nice catalyst for the surge? I believe so. Now we seem to have run out of steam. Right at the point of resistance. As usual.
Our time will come, Longs. I am a believer.
Yes, we need volume, upper. We are again at a major point of resistance just below the long term trend line that started last July. This is at least the 6th time (we hung around the line for several days back in December before dropping) we have hit this realm and fallen back. We need more volume to conquer.
Sadly, we have another daunting challenge. What we all hate to see is that we have two gaps formed this week. One today and one back at .0011. Nothing says these will close right away, but the perfect history is that they will indeed close. I prefer to get it over with and charge back up.
Upper, very interesting. Beyond basic TA, bro. Thanks.
Seeing some good buying presence today. As well as being quite oversold and undervalued, I wonder if the extensive positives listed in the Seeking Alpha article was a catalyst...
Motion denied. I missed that good news. What a joke of a lawyer Sayid is. He should be disbarred. Guys like that give a profession an even worse name than they have already. Scum is right, WIC. I'm sure judges dislike his ilk.
SEC, 2 Attorneys Face Off Over Pump-And-Dump Claims
The U.S. Securities and Exchange Commission and two securities lawyers it accused of facilitating a pump-and-dump scheme went head-to-head in a series of filings in New York federal court Monday, with the regulator pushing for summary judgment and the defendants responding that the case should go to trial.
How does he still have his license? 16 months ago:
https://www.law.du.edu/documents/corporate-governance/sec-and-governance/SEC-v-Sayid.pdf
Sayid 2 years ago:
SEC Charges Two Lawyers and a Paralegal in a Stock Manipulation Scheme
The Securities and Exchange Commission filed fraud charges yesterday against a New York City-based securities lawyer for orchestrating taking control of two publicly traded shell companies and rigging them and their securities for use in market manipulation schemes for his personal profit. Another lawyer and a paralegal are also charged for their roles in furthering the schemes.
According to the SEC's complaint, filed in federal court in New York City, Mustafa David Sayid used his position as a securities lawyer to gain control of two microcap companies, Nouveau Holdings, Ltd. and Striper Energy, Inc. According to the SEC's complaint, from 2012 to 2015, Sayid caused the two companies to issue convertible debt to him that could be redeemed for company stock for purported legal fees owed to him. The complaint charges that Sayid profited by selling the convertible debt to a pair of stock manipulators, setting them up to dump large blocks of the company's stock in the over-the-counter markets. Sayid allegedly made multiple false statements to investors and other third parties, while he coordinated with the pump-and-dump operators who were responsible for pumping each company's share price and then dumping the stock.
According to the SEC's complaint, Sayid hired Norman Reynolds, a securities lawyer practicing in Houston, Texas, to issue false opinion letters to persuade Nouveau's transfer agent to remove restrictive legends from millions of shares of Nouveau, which were then sold in a dump of Nouveau's stock. The SEC alleges that Reynolds based his legal opinion on fabricated documentation from Sayid while negotiating for payment from the proceeds of the Nouveau pump and dump.
The SEC alleges that Sayid hid his control of Nouveau and Striper by installing officers and directors at the companies who would follow his direction, including his paralegal, Kevin Jasper of New York City. Jasper aided Sayid's market manipulation schemes by signing false documents at Sayid's direction.
The SEC's complaint charges Sayid, Reynolds, and Jasper with violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder, and additionally charges Sayid and Reynolds with violating Sections 5(a) and (c) of the Securities Act.
Jasper, who is cooperating with the SEC's litigation against Sayid and Reynolds, has agreed to the entry of a judgment imposing permanent injunctions of the charged provisions of the federal securities laws, and permanent officer-and-director and penny stock bars, with the issue of any civil money penalties to be determined upon the SEC's motion. The SEC's complaint seeks permanent injunctions, disgorgement and prejudgment interest, civil penalties, officer-and-director and penny stock bars, and a conduct-based injunction against Sayid and Reynolds.
The SEC's action is being handled by Michael Vito, Dahlia Rin, Richard Harper, John McCann, J. Lauchlan Wash, and Celia Moore in the Boston Regional Office.
https://www.sec.gov/litigation/litreleases/2017/lr23805.htm
"The New York statute of limitations (six(6)years) have ran..." First paragraph. Ouch.
Check the grammar on that, Barb. Not even "have run", but should be "has run". Right?
( {6} )
"Chuguan Industry Co. Ltd., which the Company believes is located in Beijing, China, appears on the Company’s shareholder for 1,500,000,000 shares of Company common stock. However, the Company’s research has uncovered credible documentation that these shares were cancelled and should not be listed as issued and outstanding. The Company continues to investigate the validity of the cancellation documentation in order to determine if these shares are actually outstanding."
That quote is from the company report published last November (2018). I am curious to see how the "credible documentation" is viewed by all next week in court.
Reads like a high school debate team member overstating and exaggerating. Thanks. Sayid is a slick one.
My TA is very basic compared to yours, upper. Slow and fast stochastics, MACD including histogram and RSI generally. Plus a few trend lines.
O, wow, that would be a great like-announcement to come our way.
Going to be interesting to see if we continue to sell down after closing the gap on the weekly chart. BTW we closed the gap on the monthly chart last week as well. I see no more gaps at all since Jason opened things up in late 2017. I hate gaps.
When the Thumb is lifted we move up so nicely. Great fun to watch. I noticed that the selling slowed down a lot on Friday. Will BB be right that we will stay here for a while before the next move down? Maybe, but the indicators show we are due for a rally this week.
Yep. Let's hope so. Way oversold and the RSI is almost as low as ever. Cover.
Gap on weekly chart closed.
I think this trip has been long enough, WIC. All the way back down to .001. Who would have thunk? Time to end this trip and head back up. I'm not chasing the train. Loaded all the way down. Ready for the turnaround. Too many good things going on with this company. Yes, my patience is being tried. Never dreamed we'd be waiting this long for the pot of gold. When the Thumb lets up and the dumping stops, this thing flies.
No, it's the gap on the weekly chart that we are dealing with. To close that gap we need to close Friday at .001 or open Monday (like we did today) at .001.
Sure looks like the gap could be closed. Although its only Wednesday, we sure are at a stalemate.
LOL. BB would have something to say about that.