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dilution done, is it possible!!
Here is your chance, VNDM on the ask with only 10k trip8 (multiply by 10m probably). Time to load up, otherwise the trip7 will get hit!! GLA
closing trip6, and maybe trip5 today!!
the two last "news" releases were a classic example of pump and dump schemes in pennyland. no specific financial details about the "contracts" are mentioned anywhere.
you know legally they have to tell shareholders that they have issued some notes in return for cash.
it is clear today that there is dilution going on, but supposedly the "stellar" CEO never informed shareholders about it. in fact i remember a post here in the last few weeks where the CEO denied via an email or something like that, that there is dilution and it was only a former insider dumping shares. we all know now that that was a lie!!
they can be smarter about it. let the stock build momentum and they can get a much better price! yet they kept dumping in the last 2 pops eventually killing any momentum.
Must be really desperate for cash!!!
Watch for a dump at the end of the day!!
Looks like it's heading back to the 0004 support in the next few days. too much dilution!! do know where it's coming from!
Cup and Handle is forming. 3 Month chart is showing that on heavy volume. A breakout will take us well in the 003s. GLA
better explanation imo is that the MMs did not have enough inventory in the last pop to meet the huge buying demand (over 220m). In cases like this the MMs provide liquidity by selling short, and cover later at a lower price.
Looks more like short covering by MMs after the pop yesterday and/or accumulation. if the close is above 13, we will be ok and might be green tomorrow.
Now this is the type of DD that anyone who is interested in this scam should pay attention too. Thanks for sharing.
Interesting that the former CEO, Hwang, had the money to pay for a law firm to prevent the loss of the original case but didn't do so.
Also interesting is the former president, Cornell, who is now the owner of Voosh, testified against Hwang the former CEO, a testimony which eventually was used to help PC Driver win their case.
What a messed up management!
Is there still hope for this scam! highly doubtful.
Will close red. Careful. Scam Distribution Agreement.
From the 10-Q filed on 4/4/2016.
"Management of the Company performed an evaluation of all subsequent events that occurred as of the date these financial statements were issued to determine if they must be reported. Management of the Company has determined that the following subsequent events are required to be disclosed:
On December 3, 2015 the President of the Company was terminated."
This was Kevin Cornell.
Careful Here. Kevin Cornell was the president of ABHI and was fired a year ago. This distribution deal is a scam.
Another 4 weeks and we will find out if this company is still in business or not. Q2 is due 15 March.
can you post a link or any solid grounds for the merger or the new PRs you were pumping this stock with in the last 3 months!???
now that this stock no longer trades, is this board going to be shut down? This question is directed to ski
right but if you go to abhi on yahoo finance and click on the chart you get a message "chart unavailable". same thing with stockcharts!
Nah something is going on!! Everything was fine last week. I am with AMTD btw.
has anyone tried to buy or sell!!
stockcharts and yahoo charts cannot find the stock symbol ABHI !!
stock halted or a new split symbol!!!
really!! dumping has been going on for months now!! why did you think it stopped at 190m then???
cuz he never corrected anyone when "he" was referred to as "he". "ski" "chic"????
guys don't waste your time with ski. he is a flip flop. just a week ago he told me you don't have any facts to suggest that the OS is 250m (insisted it was 190m or something), and just yesterday he said he "guesses" it is up to 235m now!!
u said u r confident there will be news first week of Jan, then you said perhaps it will be by today!!!! tik tok tik tok tik tok
you are really on the losing end if you think news that will catapult the stock is imminent!!!
was that ski who dumped 9.35m on the bid just now at .0003!! no news, dump!!!
My guess is that OS today is minimum 250m. And I don't see any news coming until the next sec filing, which should be mid march. By then the share count could be well over 400m presplit. GLTA, but be careful of the hype.
LOL. As I said before, please keep posting. This board needs a perspective like yours.
I am still in only because it is clearly too late to sell.
wow Nikita, this is a complete flip on management on your side!!! you were attacking anyone, including myself, who questioned the management of the company before and pretty much was the chief pumper of this board. until you completely disappeared.
Now you are back but on the "dark" side!!! what happened!!
i think the same will happen to skichic soon!
most definitely it's over (judging by the lack of revenue in Q1)! management has royally f* up this partnership, the only one they had with recurring revenue. there is no way ABHI can clean up their balance sheet without recurring revenue.
the only silver lining though is that PC wants Veloxum and have paid money to continue having access to some of it, which is an independent validation of the software, and bodes well for future partnerships.
if we close green, this could be the capitulation day we were all waiting for!! hope this is not wishful thinking on my part!!
that's not recurring revenue. that could actually be a bad thing long term. it means there partnership with PC whatever is over!!
agree there, but thought the deferred revenue was something!! wts ur take on that!!
wow, 0005, that was fast!! hope its only tax selling!!
Are we going to see 0005 before the new year!!
since it seems you have done that, can you give me a straightforward answer! with the knowledge you gained from the reading list you recommended, do you think Capital will keep or dump these shares!!
"Much has changed since." what does that mean, Capital is not going to dump these shares!!!
"investor" !! this is converted debt that could be dumped in the market very soon!! (maybe some of it has already been dumped)!!