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Hey Doc.
Iv'e been watching this one since it went IPO but have yet to buy in. I agree that the latest news is good and a step in the right direction. This puts them at roughly a 0.9B OS structure with 0.002 being a 1.8 million Market Cap. It opened today with a 3.1B OS structure valued at 0.0018 representing a 5.6 million Market Cap. If the story holds up, this would represent a new share price of over 0.006 just to match the opening valuation. Does anyone know the story on convertibles here?
GLTA
TTB
Thanks Micro. I figured the LOT was the issue. I ended up getting the balance for .185. It does look as if this is going to sell off a bit today. Maybe there is an opportunity to add more in the .17 level or better where I started which would be good.
Have a Happy New Year guys!
GLTA
TTB
This may be the case, though this is a slow week. Something unusual just happened in a test trade I placed.. I put 4000 at the bid @.21 NITE executed 3040 and I still have 960 out there @.21 which NITE is not showing on L2 as well as not showing as an active bid on the platform. CDEL now carries both with a lower bid than mine which is interesting.
Indeed it is micro. CSTI and ETRF have been carrying my trades today. I am excited to see ADMD make some sort of run. Lots of little ticks lately have been nice though.
Happy New Year.
TTB.
I'm in as of yesterday. I feel that there HAS to be a bounce on this once the deal is finalized. This is supposed to happen by years end. Volume has started to pick up along with the price. I think there are folks in the know about the details. This deal will likely be spun with claims that the deal will be funding some new opportunities and developments on new drugs.
GLTA
TTB
I agree Shallow, this is very underwhelming.. But, my 145K shares are all free money from the run up and I really am not in too much of a rush. I'd like to see them succeed. I have talked with a few folks from the company and they are fired up about the things going on, especially Mastermind. I am cautiously optimistic and have not added more to my position until I see a few things unfold which are in the works. The market will indicate when another good buy-in time might be. When/If see the volume and interest increase it will be telling then to buy more.
GLTA.
TTB
Shallow:
Please see the PRE14C dated 8/15/16 which states everything you mentioned you were looking for and even commented on this back then as some way they were planning a scam :) I've done this stuff before, I know what is going on and I am not here to cheer or bash. I'm certain we will get a ride on this company eventually. Until then it is nice to see all of the comments, thoughts and concerns.
As of the record date of July 6, 2016 (the “Record Date”), the Company’s authorized capitalization consisted of 200,000,000 shares of common stock, of which 55,300,000 shares were issued and outstanding.
The Majority Shareholders have approved an amendment to the Company’s Articles of Incorporation to increase the authorized common stock of the Company from 200,000,000 shares to 220,000,000 shares of common stock (the “Authorized Capital Increase”).
The Authorized Capital Increase
The purpose of the Authorized Capital Increase is to increase the number of shares of the Company’s common stock available for issuance by the Company for general corporate purposes, including acquisitions, equity financings and grants of stock and stock options, and other transactions under which the Company’s Board of Directors may determine is in the best interest of the Company and its shareholders to issue shares of common stock.
The Authorized Capital Increase will not have any immediate effect on the rights of existing shareholders, but may have a dilutive effect on the Company’s existing shareholders if additional shares are issued.
We are not increasing our authorized common stock to construct or enable any anti-takeover defense or mechanism on behalf of the Company. While it is possible that management could use the additional shares to resist or frustrate a third-party transaction providing an above-market premium that is favored by a majority of the independent shareholders, the Company has no intent or plan to employ the additional unissued authorized shares as an anti-takeover device.
GLTA.
TTB
I have not seen any posts as of late. I'd been following this one for quite some time. I have been in and out a few times. I took another position last week and it seems volume is picking up. It looked worth it due to reimbursements are nearly doubling next year to 2015 levels. If they stay on track with new developments and exceed implants from 2016, I'd imagine we'd see some great YOY earnings next year. In my opinion, it is a good buy opportunity at this level.
Anyone else have any other theory to the recent volume?
GLTA
TTB
Hi All. I cannot believe this one is actually trading real blocks again. I found an interesting post on Yahoo this AM. Not sure of its validity, but seems like interesting reading:
Posted on Yahoo:
Medican is about to make some major moves
Recently I was contacted by Ken Williams for "help" with getting Medican trading again. Ken Williams was looking to extract $75k from me in order to "pay the bills". I was in touch with Ken directly along with the Mergers and Acquisitions consultant Paul Khan. Long story short, I saw through their con and declined to help them only to have them immediately toss me aside. Clearly they were looking to con me out of money by masking it as an "investment"
The above aside, I have been in touch with Mobiweb. Mobiweb, indeed has taken over Medican as an empty shell to house new product lines and further the business plan within the racing vertical, wine, hemp and other materials they can sell under the Mobiweb umbrella. I believe a new racetrack is currently underway that will encompass the Medican brand as well. Also a new grow facility is slated to open in the next two weeks The CEO is working on "cleaning up the mess" that Ken has left behind. Outdated financials, restricted Canadian exchange, other unpaid bills and so on to name a few. As I understand, it is easier, cheaper and faster (believe it or not) to acquire the empty shell being Medican than start a new brand from scratch.
Righting all of the short comings that have been left behind is well underway and expected to be completed first quarter of 2017. Medican will trade again with the hopes of getting it to trade to at least half of what it did at its all time high. As I understand it there are to be no reverse splits or any financial gimmicks to increase the share price.
There is no reason to PR any of this as the clean up must happen first, especially on the US side as the MJ vertical is heating up more so than on the canadian side. Once all of the pieces are i place PR after PR will come out that will create major interest with actual follow up.
We must wait a bit longer is what it seems, perhaps those that wait will be GREATLY rewarded.
You are right on that Dubaidealer. There are so few micros that are making marks. These are rare, but they are out there. The signs have been here.. good solid growth, insider market value share purchase's etc. Companies with plans and hard working folks can make things happen. It is all in the players and the financing. I am smiling today : )
GLTA
TTB
I am with you Batter. I have a fair position - 145K shares, but I am waiting to add more based on some type of estimate on when financing is expected or an actual revenue 10Q filing. Both updates of which in my opinion are overdue here.
I am waiting for the news on actually getting the financing rather than any of these LOI's and interviews etc. Financing to the scale that they are going for will launch this stock if they get it. There are both sides here - the pumpers and the ones that mysteriously keep posting here even though they are certain it is a scam : )
I always hold to the adage: One without interest is indifferent not constantly watching. Bottom line is that there is interest here and for good reason. It is a better than 50% play to get financing in my opinion given the players. I'd estimate that they are looking for something like 20 to 50 million to fund this.. All we need to see is funding, but... that is the play here. All of the LOI's in the world mean nothing.
GLTA!
TTB
I'm not seeing that.. here is what I see on L2 bid:
CDEL 8200@ 0.1308
CSTI 20000@ 0.12
NITE 10000@ 0.12
Ask:
CDEL 7230@ 0.1585
CSTI 14934@ 0.159
NITE 12000@ 0.159
VNDM 5000@ 0.1697
GLTA
Yes. Down 31.25% on $1,300 in shares in past 2 days.
I started to get shaky knees yesterday so I exited.. It figures it would go up even further today.. I am certainly not complaining though! What a great story here. I wish you guys the best!!
GLTA TTB.
Thanks for the great depth and DD Bud!
I really don't know why I spend the time...
First off, this company is young. The $ goes before the numbers and $400 is not correct unless you are reflecting pre SHRK days for OLS which was the shell that they acquired.
Good Start-up companies are focused on getting the company groundwork laid in and providing clarity in structure and getting filings out in proper times and order. I only have one complaint here in that I'd like to see a financial statement released whatever it may be.. They continue to talk a big game financially, they have made very lofty estimates and for that reason, I feel that they would have everything to lose if they release anything that is not somewhat reflective of that.. When acquisitions have been mentioned here, there is always stock mentioned in the deal along with cash. How on earth would an investor expect that a company could offer stock without the proper share structure?? This has just recently been extremely well defined and laid out with much careful thought for growth within their model for growth.
You should also note that this was the first SHRK branded 8k to be released. They have cleaned up the old BS and will begin to add information relevant to the company as it happens. Without knowing how much time and effort it takes to execute all of these little things, I could see how it could seem like a minimal undertaking. If you understood what everything meant in recent filings, you would see that they are setting this up for a very near-term break out based on financials or finalizations of acquisitions.. There was also a 2.4million share private purchase by an insider, not related to services and for investment purposes. This was a non-open market purchase but insures that in addition to the stock offered to the directors for services, many newly minted shares will be a bit more locked-in than a typical trader making a large purchase. You can net worth the folks involved on the board and discover for yourself that they are not in need of $180K at current prices.
If you decide not to get into this, its fine. We all made a bunch of money on this stock back in February. I'm in with 144900 shares averaged in at $0.21 of which less than 12K is money added to what I made on that surge back in Feb. I'm very content until I'd see $0.08 or less which I do not see happening. I've been adding and will continue to add under $0.14 which has become almost impossible to get without another MM jumping ahead of my bids for an additional 0.001 more. The computers are set to jump on low bids, that is always a sign that they are jockeying for shares.
GLTA!
TTB
Hey Web.
Sharkreach has not posted a 10Q or 10K since inception. The 8K reflects wrap-up of shell for Online Secretary financials. Which Posted Due to shell transfer. Steve said that they planned to post actual 10Q by the end of June. I am also eager to see the funding they have. I think everyone here is interested in what their cash situation is.
GLTA
TTB
Anyone purchasing shares of this stock or any other of the Future world securities will be showered with magical stories of a "future" wonderland of offerings. Tales of what will be and promises of riches beyond comprehension. It truly is worth the money just to be a part of this.
If you choose not to buy into these rock solid 8K's and press filled with backbone, there is a chance of default on CD's and other debit faults which will make this magic go away.
We need a "future" here. The future is us all sitting in a circle listening to scam and Scam (I mean Sam and Cam) telling us mystifying cliffhangers and chronicles of that the future really holds for us as a team.
Go FWDG! Keep delivering shareholder value and promise! Thank you!
GLTA!!
TTB
Highlights that I thought were of value from interview:
1. Current revs coming out by the end of June
2. Completed acquisitions announced this week (early next)
3. Revs in excess of 20 million by November
4. Further details on creative digital 16 million dollar LOI
5. Raising market awareness about company and more transparency into the companies intentions for the future.
6. Forbes article with Steve and Kevin on their latest venture later this month.
Let's see what happens here.
GLTA.
TTB
Hey GDX6 I absolutely do! Now dont get me wrong.. I made a bunch on FWDG on the jump from 002 to almost 008 but sadly went back in at a lower price and sunk what I made into more useless stock that never went back up.. Good thing I got the divis though.. those will be worth a mint some day lol. We talked mostly of the well but at the time he knew cds were finishing up so I went in pretty big due to that which was great.. It all ended up a loss for the gains.. Misled by this company...lol. Id like to see them finish something.. just one thing.. too many prs about new bs to enable share selling.. its sad.
Very nice to chat GDX6.
Im keeping an eye out maybe looking to dump my shares here at 0003 lol.
TTB
I just wanted to thank all of you guys.. You know who you are. I am also a holder of fwdg and the junk futl shares.. you have made it at least humorous to view the board. I know I can always go to either board and honestly laugh out loud at these fraud companies.. I absolutely love it!! Especially dadx4/granddadx6 (not excluding ben and the others) just thanks! You should have a morning show about (S)Cam and the boys. On Future Radio or somethig.. The new.sign and that old FWDG video was amazing and pushed me to write this.
Also.. Granddad.. I wrote an extensive reply to Cams statements on FUTL in reply to you the other day but couldnt press the post button.. his comments to us holders is comical.. where is our S1? Maybe it will take just a few more months.. these things take time ;) Truly appreciate you guys!
GLTA.
TTB
Interesting trading lately.. A fair amount of accumulation at the bid. For those interested as of 21MAY16:
Price: 0.16
MKT CAP: 7.19M@0.16
OS: 44.92M
Float: 4.82M
GLTA
Looks as if there aren't too many shares in the hands of these MM, but they are somewhere.. just not sure when they will be ripe. the current SW program running on this ticker would lead one to believe these shares are thin, but looks can be deceiving. You never know. We shall see what happens here. I have some belief we should see something decent. Not a pile of dollars into this since it actually started moving which is generally a good sign.
Good Luck!
Im in for a starter.
GLTA - TTB
Hi All.
I am thinking about taking a position here based on technical data alone. I'm not certain I understand the recent YM purchase.. It does not seem to make any sense with their current business. Perhaps you others that may know more than I could gather last night and thus far today. The OS from the last 3 years has remained rather stable which I like as well as the lower volume. This also looks to move rather big with volume which will get interesting. My only hesitation is the YM and trying to marry the two and make sense of it all.
Any help is greatly appreciated.
GLTA - TTB
Bud. Im not trying to discredit you at all. Ive been doing bbs a long time and ive seen the same garbage you have and have in fact warned investors of the same. Im not green. I just so happen to have a line on this one a bit. Nothing inside but rather I know the history. I never really post much.. I actually only joined ihub as a poster last year. I do know however that there is big money backing this one. Most of the current 8k is out of date legacy garbage which is under severe revision. It even still states that the ownership is not in the US. I am always concerened for others and you would see that in my previous posts. Im a good person that still makes mistakes but this one... just call to get through to ir. TSS has actually impressed me with seeing things on his own that I know first hand are true.. this will indeed be a $2 stock shortly in my opinion near term. I made good money on my initial investment here. I was in early and pulled out in the 60's. Im back in for just under 100k shares at the current ranges. Ill add more if there is better dips but its not been easy to fill under .20. Id be break even at .10 so not much to lose here. Im not intending to sell much of what I have if 10q looks good, the board stays put and contracts keep coming. Any deviation and Id certainly reconsider.
Good luck Bud.
TTB
I was referring to the going concern statements. Potential MO is always required to be stated. There arent lines to read between. Its all spelled out in every otc stock 8k. Always.. its been there from the first as it still is and would remain even if the 10q states they have 10 million in the bank. As an otc those statemens are a requirement. Look at every 8k in the otc. People need to understand risks.. thats why its there. There is always that risk. Im referring primarily to the basisless statements you are making without seeing the fins in stating that they are broke. Its simply not something you know. Its your guess.. this is a gamble and if every dollar of the money a person has into any stock is needed, they should remove it.
Are you invested in this company?
20k for fins is pennies to this company and I know this personally. You will see. I just take exception to your statements as if you know facts which is not the case. Its not hard to find the answers to any questions you might have by truely calling the company.. might take a call or 2 but you would be well served by contacting ir. They are more than willing to talk.
Good luck
TTB
Furthermore. SRI Seller (The name acquired at the time SHRK purchased the shell)was a broke entity. The cost of attaining the shell is generally 250 - 500K or more for one in half way decent shape. I'm certain that cost will be on the 10K. I expected more baggage, and this one is pretty clean.
Where did you see that SHRK is "broke" and "they have no money"? I think you owe the board a bit of explanation for your rant. Can you help us understand where you received this information?
Did you look at the fins for SRI Seller amended to this 8k and think they were for SHRK?
Furthermore. SRI Seller (The name acquired at the time SHRK purchased the shell)was a broke entity. The cost of attaining the shell is generally 250 - 500K or more for one in half way decent shape. I'm certain that cost will be on the 10K. I expected more baggage, and this one is pretty clean.
Where did you see that SHRK is "broke" and "they have no money"? I think you owe the board a bit of explanation for your rant. Can you help us understand where you received this information?
Did you look at the fins for SRI Seller amended to this 8k and think they were for SHRK?
Bud. With all due respect. You will not find an 8k without legal required warnings in all of the exact same words. The wording you are referring to is in every pink bb and most small cap stocks 8k IF they even file one which is so often not the case. The only amendment/change to this 8k is financials from the old shell which is required for current filings. Shrk will release thir fins in a 10k. Once a shell is purchased an existing 8k is permitted for a period before becomming out of date in filings. They have done better than many I have seen in amending through this process. These board players will not be part of aome share selling scam you suggest.
Good luck
TTB
8k/a looks as if it was a good clean shell they made the buy on. no real financial baggage. This is a good start to the transparency. Im excited to see this as I was worried about what the fins for ols would look like at the time they closed the books. I am very much now looking forward to the shrk10k as it relates to Smiths statements of being heavily funded. It takes a bunch of cash to do what they have done even prior to going public. There is money here and I suspect Harrington is not attaching his name to anything that is not well backed. We will see what the future holds here. I am getting more interested here with this story.
GLTA
TTB
That is a very good summary Bud!
This company is about 1 year old. They do produce some revenues from operations and contracts, but they are really just starting to form a base.
If you are looking for a solid investment in a solid revenue producing company, I'd suggest not searching for companies on the OTC or Pinks.
There are a good number of things that will likely move the stock in the coming months. the fact that they are working currently on a rather large acquisition and financing which will make folks notice better what is going on. Also the Company's relations with Universal Pictures, Smith said that they are actually working on the campaign for this summer's upcoming blockbuster 'Warcraft' based on the best-selling videogame right now for the studio, "which will be the next theatrical to take over the socialsphere!" My guess is that this is going to be a rather big hit movie this summer and their name will likely be involved in more articles regarding the success of the campaign.
The statement has been made in every single 8K that has been filed since October 13th 2015. It's the rule of credibility. These guys are just getting started and they need to raise cash.. Nothing has changed in this 8K for the 12month operations plan. The share structure and OS is still to my liking, they have appointed some great people to the board and are actually taking strides to get successful acquisitions made. This is a start-up and will trade up and down until things get settled. They are making strides to become cash flow positive this year which is an aggressive approach which is not often seen in pink land. Only time will tell here.
GLTA. -TTB
I found it interesting that after all they went though here that Blackbridge was issued 225,317,968 shares last month 2-12-16 based on a financing note. That is only $22.5k at todays price, but why? Normally I'd look at that as a bad sign, but I think this is worth looking at near term. I'd find it hard to believe that they would take that qty. of common shares with no intent to make more that 20K on this funding, whatever that amount was.. Also, it would seem in the case of any RS that MDCN would be required to issue an adjustment to Blackbridge in the form of more common shares which also requires a bunch of work and not all that likely.
I am in agreement that something will happen here, but believe if there is a pop, it will likely not see anything higher than .0003 without AS removal in a pretty big way and/or a stock re-purchase as we saw with TPAC.
I'll be watching, but I'd need to see some flips to .0002 and back a few times to buy any more than the 52M I bought some months ago. There needs to just be some interest one of these days.
I thought this article was particularly well written.
Hopefully this forms some attention with anywhere from 200K to 300K moving into the stock today, one could only see further upside near term. Large blocks were still rather difficult to grab again which forced having to average in.
Projected revenues seem incredible, but to blow away expectations like they did (and counting) I would think this has to gain some huge attention inside of the promo industry and exponentially add more work to their already huge engine.
www.microcapdaily.com/what-a-move-on-sharkreach-inc-otcmktsshrk/114759/
Good Luck All.
TTB
I did not call that number. I did however just call. The lady did mention that this was their answering service and that she would forward my message along. Sounds like the same thing I got last week calling the other number for MJMD.
I am holding on to the 1M shares I have for now, but I just would not buy any more until I had an idea of this company still being functional. I would warn others of the same, but I am well aware that it moves up fast.. I have been up there for the ride a few times.
Good luck!
Don't buy this stock!
Call 1.855.933.3499 I contacted them last week Thursday.. Left a message, said they would call back. I called again yesterday, phone line operator said that they discontinued their service with them. No phones=nothing going on.
Good luck!
A bit of a correction on what I now understand. The S1 will be filed for NIT, likely in October. It is a JV with a large plastics company that may be announced the 1st week in July. I have read they are doing some radiation protection experiments with a target being for the US military and also the department of homeland security currently. I would think we will hear something on this new project soon on the RCGP news wire.
I have a call into Gary Alexander. He tried calling me back yesterday, but I missed his call. I will provide an update once I get more information.