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His new total is now over $300k invested within the last 12 months...the nerve of that CEO investing in his own company like that....doesn't he know about the AS!! ;)
Really appreciate the rapid response and clarifying it fot me...rare thing to witness on the OTC
Thank you!
Lol Hes definitly earned his wings...don't get me wrong...never been a fan of trading Chinese owned stocks especially one with an outrageous AS. I do believe whether scam or not though we see min of copper (perhaps silver) here as insiders push it up...I'm def not someone who will tout $4.00, NYSE, to da moon...bla bla bla however lol
Hopefully your right...scams tend to run the hardest
However as of right now all we have is massive insider buying along with an OS that is decreasing...AS is irrelevant for the moment unless we see new shares hitting the float which would sound a bit counter intuitive after all the buying
My last question is when you did have a position here were you as anxious to bust this company as a scam or did your silence only break once you exited your position and decided to bid sit...
Hi Frank...I'm new to this stock so excuse my ignorance but I'm trying to figure out the role that you play with the company....it seems as if your an otc trader but with excessive insider knowledge on the company...I'm assuming your most likely restricted from regular trading here but I'm still a bit confused on your role
Again sorry for the ignorance and I'm sure with some basic dd on my part I could figure it out but I was hoping to get the info right from the horses mouth per say lol
Thanks in advance!
Nope that's the elephant in the room for down the road or atleast for the next rotation of swing traders lol..that's not today's issue however
This stock is being bought up by insiders and its only for one reason...they feel the price is going to increase as they are restricted from selling for a min of 6 months from the date of purchase.
The CEO has put in close to $300k so far purchasing shares and is claiming that we will see an 8k showing the cancelation of 250 million common shares
As long as the OS continues to decrease and the level of insider ownership increase i personally dont care where the AS remains...I am more than confident in adding shares right along with insiders for the time being...best of luck to you on whatever you decide to do!!
Seems the ask has thinned out and bids are starting to stack above 002...we may see another push soon. I think MM's/insiders got what they came for today...would love to see a form 4 drop soon or the 8k showing 250 mill taken off the books
Multiple form 4's filed over the last few months show over 440 million shares purchased on the open market so far... there has also been some interesting large orders going off periodically over the last few days...seems as if that man is still buying (just an assumption on my part)
If this was a US company it would already be in penny land by now..only thing holding it back is its location...however if the CEO holds true to his word and continues to lock up shares a major move is coming regardless of its location
Lol whos "they" and why do "they" have such an important opinion to you?
Feels like a red to green move may be coming later today
It was an interview on tv i watched several months ago...im sure if you google it however something will pop up. The big issue was the amount of profit being made on the illegal activities compared to the fines and citadel at the time was the one in the spot light
What??! Citadel has been fined so much money over the years for illegal activities that they started allotting the fines in their books
Just recently they were fined 1.8 mill but when that same illegal activity paid them a profit in the billions the fines become peanuts as they continue to do whatever they want to
This response has nothing to do with IFUS or any games that may or may not be taking place...just responding to the basis of market makers and the games they play in order to benefit themselves along the way
I like what Hendrix said:
"While some can feel the rain others just get wet"
If you wanted to post the highlights behind the conversation i would put it up as a sticky for you
Really surprised they haven't PR the fact that they got the patent approved yet... I'm assuming we will see something this week or at least hopeful for it
Same...grabbed some at 19
I still have that same bid there just incase lol
Had my bid at 0186 but it never filled...wish i had bumped it up a few ticks...oh well woulda, shoulda, coulda...lol
Rather curious to hear from the other side as well
There isnt one company yet that George was apart of, touched, or simply mentioned in a positive way that didnt run well above 01...thats why im here
We are contending with some old note holders selling shares, sellers from the trips, and day traders
Personally i think this heavy volume continues to chew through those sellers until it breaks 01...then the real buyers tend to move in
Im rolling the dice just simply based on George knowing his shit and what hes done with other companies
Best of luck to you in this one or any others you may be playing!!
There's obviously dilution to contend with along with early buyers from back in the trips...however the heavy volume is absorbing it every step of the way
Curious to see how this one plays out...george runs some of the biggest/most profitable plays when he starts pushing a stock
Big tweet from sharp confirming his confidence in being awarded the custo...market seems excited
Do we know if there are any restrictions on the shares being sold? I'm trying to figure out if rule 144 applies to offerings such as this one
Not ten bill...was a misprint
Total is 1 bill and a portion of it has already been sold
The ten bill number was nothing more than a misprint
The entire offering is for 1 billion total...not billions as your claiming
Starter taken
The rsi is under 30 with volume increasing...anyone taking a loss here is being bought out by smarter money imho
Good thread...thanks for that info
These guys and their walls...lol smdh
I think so too...really like what's going on here
Have been quiet here but added another 50k at 0387...not many otc stocks have the types of contacts and gov deals like these guys do
Huge potential imho
The entire otc has been getting hammered on for weeks now by cdel...and from what I remember wasn't the docs initial alert around 002ish
Wonder if those who listened enjoyed that "ride" you speak of
As retail we got our turn in 2020...Now the powers that be are just taking their turn..once they are done I think this sling shots...jmho
Started to update the ibox...then it kept crashing on me not saving the work. I'll try again this evening to get it all up to date
I believe so as well...so far I've had 1 family member and 2 friends ask me if I would help them set up a broker account now that they have a few bucks to burn...I def think a portion of the billions of dollars that were sent out to folks will find its way into the OTC and small cap stocks in general
2020 was 1 of the best OTC years in dollar volume traded... You don't think stimulus money played a factor?
I think stimulus money will begin to pour in over the next few weeks...we should begin to see an uptick in volume soon...hopefully beginning next week