Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
911M shrs diluted so far for $45,553 from latest 10-Q.
But Tim tells josh08
"josh08 Monday, 12/10/18 04:58:49 PM
Honestly, he sounded surprised by the way the stock has dropped. He didn't go into the dilution. Said he hasn't sold any shares and will not. At this point, I am not sure what his plans are to provide further information on the massive dilution." Dilution, what dilution Josh?
I don't trust Tim one bit saying this after seeing this latest 10-Q. Nothing positive coming in next few months minimum imho
Ahh, it broke the 50 ema, party is over, especially if the 10 ema crosses the 50 ema which it's close to doing.
raw short squeeze
Got in @ 1.38. Sold @ 1.82
Smart! InterActive, TDAmeritrade, and Schwab are my choices. Etrade sucks.
Go here to review past trading with companies that did rs. Look at their charts and pps history. Get a feel for when it looks like a possible rs.
https://investorshub.advfn.com/Reverse-Splits-3017/
Here too but also to see other opportunities like reinstatement's.
http://otce.finra.org/DailyList
Give Tim time, is what I was implying
I don't trust Tim & Co. There can always be a first! I have 1M shrs but that's it. I think it's nuts to buy anymore till end of January. IMHO
Yea, .00019, they're diluting by any and all means necessary.
I'll buy more when a rs is confirmed by the company not to happen.
The bigger question you should ask is where are the ones that were here when it was green. Nowhere to be found now....
Down 95%! Cheaper than what?
History of 1.5 months? lol
Reverse split coming. Tim and insiders have preferred shares that are exempt from a reverse split. They go to the share limit eliminating debt and taking it down to .0001 / .0002. Do a 1 for 10,000 reverse split, 4 billion becomes 400,000.
Therefore if one owns 10 million shares now, he will then own 1000 shares in the new shares of 4 less corp, while the insiders will control hundreds of millions of the shares, therefore basically the common investors now lose all their equity. Even with SEC filings completed, it's perfectly legal.
Done all the time in OTC. You just can't trust him. He hasn't said he wouldn't!
I cringe when news of a 8-K, 10-Q, 10-K, or a proxy statement on Schedule 14A are made public after all this dilution.
.0003 lol
Nice comeback Mas
It's not, they're pumpers and not doing a good job either I might add. No one trusts Tim Armes after his massive dilution of the company starting the day of the merger and dilution hasn't stopped yet. He's gagged the TA to hide the current OS which is now somewhere around 3.5 bln from 550 mln originally. Last pr they said they are now a "factory direct authorized dealer of five major lines" but no company names so that made that pr worthless.
Massive dilution is the source of the volume.
Here we are at .0002. I've never seen such unending dilution in my life.
No end in sight yet on dilution.
HH is a run-of-the-mill promoter. Never says anything bad, debunks all detrimental comments. They're usually college kids that make a easy buck while studying at their dorm. Easy to spot. Caught one that sent me a pm and their name changed a month later after I got it. Easy and complete ID change that ihub allows anyone to do.
Just called the TA and still gagged per Armes lol
Been trading for decades, never seen a merger destroy the value of it's stock by 95%. But we'll see come next qtr report.
No, Armes reads this message board he just plays dumb
The money I put here was discretionary seed and got it all back in other trades. That chart looks just too risky but maybe you're right I'm just going to trade it.
For disclosure, I bought at .0021 and sold at .0005. Just pissed this fk ruined a great opportunity for all that bought prior to 11/13, together with myself and a friend I alerted this to.
Yep you have no choice but to hold shares that lost 95% of their value. I don't care how good the 1st Q is when the OS is so bloated. It's almost impossible to move up the pps.
I don't play that game. I want that TA ungagged.
Half a billion volume so far today and dilution is done lol There's another $4.5M that needs to be paid off.
To further help you understand the damage read this: https://www.investopedia.com/terms/d/dilution.asp
"The Company is authorized to issue 4,000,000,000 common shares" 7/31/18 10-Q. Shares don't grow on trees. Dilution = conversion to OS
Ungag the TA and you'll see OS is as large as the AS or damn close after this massive dilution started on 11/13. Dilution (you) paid off that $550k with the 93% decrease in your share value.
Company has real, certifiable value now, great entry point here!
Ungag the TA to see damage done.
josh08 thx for sharing your views after talking to Armes. He's playing dumb huh? He knows damn right well what is going on with his stock's plunge in value.
W818, no news, no matter how good, can move 4 bln os up any meaningful value. You have a billion shares?
In my decades in otc, I've never seen such a great opportunity turned total loss even in sub-pinks. You can't even risk a .0001 to .0002 trade yet. He's maxing his AS of 4 Bln shares, no other reason but money, 150m shrs a day for $25k/day. I didn't read this many notes around to convert.
Thx Armes! .0033 to .0002 = 93.9394% decrease in value.
$25k = 110m in 20 min, then 1m, 950k, and 900k consistent sells all day, all @.0002. All block sells. Pure dilution.