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I think its close also. I'm not going to say its this week but close. As I said before Companies just don't waste millions of dollars and get all their ducks in a row to walk away from a deal. They are probably having some hiccups but it will work out. I'm 89 percent sure and have a huge part of my portfolio's in it. I never do that unless I'm sure I'm right. and I like my odds here. U can't get 89 percent odds at the casino....
.139 in for a billion shares lol don't think its going to happen
yeah but until we get the heads up on the merger this will continue to move up and down a cent or two daily. seems to be a lot of support below .19. I believe those loading will flip for a few cent gain. causing a down ward push back to these levels. after each low load up the volume seems to drop off. No one pushing this stock either way anymore like we have seen in the past.
thanks for the input you are doing fine....
calm down! calm down! we will have our day. for now the MM's and the flippers will move the stock up and down. Its all part of the process. I have tripled my holdings by flipping. but now i'm in hold mode. merger is coming. be patient.... Gltu....
exactly
I got some more. I don't think I was to far off I said 19 20 was bottom.
lot of loading going on here....
What I'm saying is they are not using CRYPTO or Blockchain PR's to raise the share price. They are already invested. As a matter of fact we have not even seen a PR. They are running on silent mode. And pumping have you been reading my posts? whatever? I'm long. I've been playing this a while. I just call it as I see it. and most of the time it's my opinion through experience. But if I was "PUMPING" I would doubt I would say that there is probably a RS coming after the merger.... LMAO
Yep I'm sure BGL would spend millions on this merger just to walk away. I would say not.... Merger will happen....
Of course this is just my opinion. But it makes sense. and with most situations like this reverse merger it happens. The company is going to try and reduce the float, increase the share price, and be up listed. that I believe is a fact. also this would allow them to raise capital faster and with a less damaging effect on the shareholders. I always look at what I would do if I hade to make the call. If we hit a 1.00 after merger news. I would do a 50 to 1 rs and reduce the float, and take the steps needed to be up listed. All the time trying to reduce the damage to the shareholders. If done correct it does not have to be a bad thing. The problem is that most shareholders that have been through a RS have seen it as a bad thing because most companies use it as a dilution tool to raise capital....
Like I said this is a true BlockChain play not just a company trying to bank on the blockchain bandwagon before people really understand what blockchain is. Like when you see insiders selling off their shares after a huge ride up in share price after a blockchain PR???? that to me is a red flag. As more and more of this tech develops you will see more companies trying to act like the are a part of it. BE CAREFUL and do your DD as most not all are scams. We will see this rise soon be patient. BGL will continue to buy and purchase smaller companies with real assets and grow. This I believe is a once in a life time investment opp. IMHO....
After the merger this will rocket well past 1 buck a share then they will release the RS news I believe. The price will then begin to drop as people that are afraid of the RS will pull out. I however will hold some back real long term. after the RS this will be uplisted and depending on the terms of the RS is to how high this will be. Then the Big players that already see the value here but by policy are not aloud to buy penny stocks will join in the fun. It would be nice to still have 5k-10k shares when this is sitting at 50-100 bucks a share. and with the low float after the RS that will very well be possible.
I hope so i'll load up then my money should clear by am.
dang the holidays have held up my funds clearing I want to buy more....
I believe you are going to be disappointed as 19 20 is the low at best. I don't see this going any lower. too much news out as big investors are buying crypto and blockchain stocks. you will see a lot bigger bids going in as the price drops. that will cause support as the levels are hit. GLTU I hope for the best.
What is everyone worrying about it for? If people want to try and day trade it go ahead and let them.... Its only going to help us more when this starts to take off again and they want back in. That means higher prices for them. I'm done with day trading it because it appears to have bottomed out to me. There just is not enough meat on the bone to be trying to day trade under 1 cent. Its too risky. The last time I tried to day trade it I sold at 23 and bought back at 22 plus. I never could get enough back at one time to make that much. just going to hold my position until one we have a nice bounce. or 2 merger news is out. If we bounce hard I might sell 30-50k and wait for a pull back to rebuy. But as for now we are too stable so I will hold long.
I'm done watching paint dry HAPPY NEW YEAR ALL SEE YOU NEXT YEAR$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
not enough volume today too many people flipping 1 cent gains. that and the MMS are keeping it down. we need that news. I'm done flipping and am just holding long from here out. I believe the time for that is over and don't want to be left chasing....
someone scooped up that 100k like it was nothing. but the volume today is way low.
man u are playing this hard the bear is now a bull.
as of otc market Share Structure
Market Value1
$73,456,921
a/o Dec 28, 2017
Authorized Shares
975,000,000
a/o Dec 06, 2017
Outstanding Shares
353,158,273
a/o Dec 06, 2017
-Restricted
38,912,415
a/o Dec 06, 2017
-Unrestricted
314,245,858
a/o Dec 06, 2017
Held at DTC
313,860,792
a/o Dec 06, 2017
Float
83,691,937
a/o Jun 22, 2017
but I think we are sitting at around 370 mill at this point does every one agree
So lets play a little hypothetical. Let say we hit a dollar after the merger news. then company does a 100 for 1 RS. we would be sitting at yeah 100 bucks a share. with a what 3.7 million float. when the big fund boys get it with that float this will skyrocket fast. I know that's stretching it a little but you see the potential. I would actually like maybe a 40 to 1 RS so there would be more liquidity.
Most of the time a RS (in my experience) is bad for the shareholder and good for the company especially in the OTC world. but I don't see that to be the case here. This is a True blockchain play and with uplisting the big boys will get on board. with a much lower float this will skyrocket fast.
I agree it is possible but probably not realistic to not expect a RS. Still if the company does it right and shows concern to the shareholder the small drop in PPS should be short lived. Then we can move forward to new highs and an uplisting that will bring in the big boys. The PR should inform the shareholders of what's going to take place. So far I believe this has been a very transparent company that seems to take their filings seriously. That alone is a good sign as most on OTC don't.
that's what I'm saying and There are only a few true Blockchain Companies out there. this is one of the ground floor companies. most are just riding the blockchain train with no substance.
exactly and this is one of the very few true Blockchain companies. not just riding the Blockchain bandwagon. I love how these companies use the current fade to try and raise revenues. They all did it in the weed boom too. They come out with the craziest stuff and people buy into it. I even seen a company say they where making a weed vending machine. yeah like that was going to happen. Once investors see this is a TRUE Blockchain play
this is going to get crazy and fast. Like I stated before 1.00 plus easy. and hold some for the spikes up to multi dollars. crypto and blockchain are not going away and if the Feds get in like it looks like they will Boom. Anyone understand the house resolution and what it could do. I see analyst saying BTC hitting over 100k....
I'm pretty much all in at this point. only got a few more buys to go. I don't like to put all my eggs in one basket. But when the chicken keeps pushing out good eggs stick with that chicken. Now I'm setting at an average of under .10 per share if this hits a dollar and I think it will Boom. I had some financial issues last year and had to draw most of my money out of my portfolio. So I pretty much started over with just a few thousand back in Jan. I have built it up all year long. But this might bring me back to real player status once again not just playing. with chump change.
The reason for that is all the facts that are known have already been posted. Pretty much all the DD that can be done has been done. all we are waiting on is a PR stating that the merger has been finalized and it will go through. and the details of the merger like what happens to the shares ect. some times they do a reverse split after mergers. if this new company wants to be up listed they will have to meet certain specs. That means the share price will have to raised probably by a RS. Maybe not so good for the shareholders short term. But if done right and with the right plan who knows what could happen. All we are waiting on is the details which should come out shortly after merger news. until then most of the chatter on the board is just that chatter....
It's going to go through with each flip it gets harder and harder to flip. that means there are more people holding. I have held more each time and just deposited more in my scotty account to buy more. when it clears I will buy but I would really like to see one more nice dip. don't have what I want yet but getting closer. I believe this is a very rare opportunity to pick up a gem like this so cheap....
lol someone try to buy 150k shares but that 10th of a penny is holding them back.... that 150 more is just to much hmmmm....
all blockchain stock down about the same percent....
I estimate they got a few mill near 20 cents. prob to flip around 25 or so. like I said this is a day traders dream stock....
yep somebody loading heavy at .20 this will be green by EOD.
settled on the 22 range so I bought back in locked and loaded again we can go green now....
u can do better MM"S I'm very disappointed in you bring it down to the 18's
they sure can't shake it like they use to that's for sure.... holding strong
might have to settle at .22 they keep putting those 100k bid up.
lol I think everyone on this board wants more cheapies. I got 70k sitting at an average price of .0875 but would still love to get more at .18....
what I've noticed as of the last few days is the lower it goes the more support jumps on the bid. That means two things. there are bigger players watching this. and the MMS are afraid to give up too many shares all points to new highs even premerger. JMHO....