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Yep and I know some folks including myself that know where this is headed and have our shares locked up. Actual daily trading float is MUCH less. You'd be surprised.
These early flippers or maybe a bag holder was to be expected early on and is always more pronounced on small floaters.
Right back at you brother!
So let me see if I've got this right. If someone decides to sell all their shares, mostly at market price because they don't know any better, then that makes the company a failure.
Can't make this stuff up folks. BBBAHAHAHAHAAA
wow, just wow. Taking verifiable values and correctly adding, subtracting or averaging them doesn't make the calculated end value any less verifiable.
Folks need to go sit in on some court cases.
I was being dead serious lol. I want this loser out ASAP so we can move on.
Nice, keep dumping shares. May as well just get rid of em all and market sell right now, get that turkey $!
lol this whacking is sooooo very stupid, people taking losses here for sure.
The market selling donkey is certainly consistent lol. What an idiot.
I've found company transparency to be getting more and more important lately. There's just too many variables to worry about with all of OTC and it's nice to be able X one of them out.
Rick is doing a great job!
$SMCE - SMC Entertainment Provides Shareholder Update and Plans for Continued GrowthPress Release | 11/26/2019
SAN FRANCISCO, Nov. 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE), a provider of wireless communications services, digital content and media distribution solutions, released the following shareholder update from SMC’s Chairman and CEO Rick Bjorklund as part of his commitment to continually communicate with shareholders.
Dear Valued Current and Future Shareholders:
SMC’s management team has been working on a number of initiatives to diversify our Company’s business strategies. Unlocking shareholder value remains the cornerstone of our management team goal.
Future Acquisitions. We continue to look for and evaluate complementary acquisitions that fit within our frame of business strategies and growth opportunities. The recently completed acquisition of FiberSKY Networks, Inc. is a prime example of what we see as our growth and diversification strategies.
Additional Management Team Members. The current SMC management team will be the main driver for our anticipated growth. As we acquire additional companies, there could be management team expansion and additional officers and Board members.
Update on Corporate Name and Trading Symbol Change. Per earlier communication, it’s our intention to rebrand SMC from its current name to FIBERSKY CORP., and change our trading symbol. Our securities attorney has responded to the majority of FINRA’s comments and clarification requests. One item remains to be addressed that deals with a historical filing that predates current management’s knowledge. We expect our securities attorney to address this and other items that might arise in the course of FINRA’s review very soon.
Share Capital Structure. According to SMC’s Stock Transfer Agent’s records and as at 11/25/2019, our total outstanding common shares are 346,626,974; total restricted common shares are 223,339,506; total non-restricted common shares are 123,287,468; total Cede & Co (DTC) common shares are 64,329,070; and public float common shares are 75,769,070.
As we come to the closing of 2019, we are proud of the initiatives and decisions we made to build a stronger foundation for our anticipated growth in 2020 and beyond. Our management team and group of companies thrive on the energy of our mission and goals.
Yep yep, need to get these types of folks out before any sort of serious run. Now we can focus on breaking resistance and holding support.
haha someone is hell-bent on giving away all their shares for a black friday discount. I always wonder how these tards figure out the buying part.
now it's a party! welcome aboard! chooooo chooooo.
lol 78 and 79 getting chomped on and someone decides to sell at market price. Got to love it.
Next leg up here. This is going to get fun.
Yep, this is just the start. Our current management team is full throttle. You always hear "a lot going on behind the scenes" from OTC CEO's, here they actually have been, and it's finally showing.
same, not even a question in my mind. It never has been, was only a matter of timing, still is I suppose.
ah there we go, was wondering when we get our friday afternoon beer money whacker. Glad to see things haven't changed lol. I love how this person decided to sell when bid support was lowest.
Bravo! Next week we feast! Without you!
lol yeah there's absolutely no promo here. This is folks loading up because ticker change and acquisition news must be near.
All I see on twitter is folks saying they took an entry, nothing more and nothing less. That is not a pump, at all.
This is actually silly talking about this because we all know how absurd that would be.
Almost 10% of the float traded today and the majority of it at 0.006 or above.
This run could get epic.
$SMCE - Good lord this is thin. I was hoping the buyers were waiting out these impatient idiots. Volume slows down for an hour and they think it's the end of the world haha.
Well played whoever is loading.
Could easily touch copper within the next few minutes but this is going to happen nice and organic and nothing premature.
I think it's safe to say that whatever the hell is en route for SMCE is good news lol.
Everyone please do your DD and read up on who's currently apart of our management team and who's not anymore.
We're in good hands!
Notice that 250k wall @ 64 moved with a 100k slap. Nothing to see here folks :)
Thinking that last little smoke and mirror trick was to try and trigger some stop-loss orders that clearly didn't exist.
Hold em tight ladies and Gents!
Yeah thought my L2 was frozen. Games games, no surprise while hovering around these breakpoints.
Watch for MM's to try and push it back down below. Purely coincidence though hahahahah!!!!!!
Nah dude, remember what we're told, charts mean nothing in the OTC hahahaha
That clean break across the DMA50 was pure coincidence hahahaha
You cant make this stuff up!
Slapping the ask is usually a good thing. Somehow with SMCE it's a bad thing though hahahahaha.
We're golden brother! I'm going to enjoy this run more than any other I think.
hahah yep. It's proven! Unreal how no one in that operation has realized this yet.
$SMCE - Pull up the 3 month chart. Building higher lows is the name of the game. No doubt bound for COPPERTOWN with continued acquisition news and ticker change.
It's really rather simple actually :)
$SMCE - hahahahah folks calling this a P&D. There's no pump haha, there's literally not enough volume for anyone to consider this a pump. We tested and broke major resistance levels and now we are consolidating and building new overall higher lows.
This ain't Rocket Surgery.
$SMCE - Nice churn last week. Looking forward to next leg up this week.
Yep holding up just fine. Everyone needs to remember this was channel trading in the low 30's basically the whole month of August. Then the folks who grabbed shares 30's and 40's. People want out and to move on to other plays, let them make their money while these low floating shares are absorbed into stronger hands.
Darn, looks like I missed a whole day of baseless accusations made against SMCE.
Stick to the facts, SMCE is 1 for 1 on completing acquisitions on their radar.
Baseless accusation because OTC is bad, blah blah blah.
Oh ppppalease!
Solid bid.
Funny because SMCE is batting 100% on acquisitions thus far, FiberSKY.
Crazy how simple and clear the big picture is when ruling out unverifiable facts.
Let's stick to verifiable facts here. Funny how no one can provide any evidence of this being a promo, at all, not one lick of proof hahahahahaha.
It's just a promo because all OTC is stinky and facts are yucky.
Please...
I was more concerned with what type of seasoning to use on my chicken just now than these sellers getting out. Some folks who got a hot tip and got in the 30-40's don't care to see the big picture and are more than happy with their +50% profits. Not a damn thing wrong with that either, just don't get that twisted with general overall investor confidence.
The beast is awakening and consolidation is must at these first few legs.