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added 32 shares... I'm at 447 shares now...
...so you KNOW I gotta buy 53 more!
I'm expecting the squeeze to happen once most of
the posts here start saying "it's over"...jmo
(who knows)
Their balance sheet is very good.
In the future there's a GOOD CHANCE
someone will offer to sell you VITANA products!
They'll be excited and persuasive!
...and when this happens, look up VITX on your stock site.
The price will be WAAAAAY more than TWO CENTS! imo
Look at their 3 year chart and you can get an idea of their past dilution. You could have turned a few million dollars into a few dollars with this one. I'm not here to be mean and if you have a good reason to buy then go for it but I wanted any newbies here to know what they're getting. Below is from their filings:
"...our primary source of liquidity consisted of $-0- in cash and cash equivalents.
Since inception, we have financed our operations through a combination of short and long-term loans, and through the private placement of our common stock.
We have sustained significant net losses which have resulted in negative working capital and an accumulated deficit at February 28, 2021 of $9,398,379 and $14,813,016,
respectively, which raises doubt about our ability to continue as a going concern.
We generated a net loss for the nine months ended February 28, 2021 of $5,919,963.
We believe that our capital resources are insufficient for ongoing operations, with minimal current cash reserves,
particularly given the resources necessary to expand our multi-media entertainment business.
We will likely require considerable amounts of financing to make any significant advancement in our business strategy.
Funds raised through future equity financing will likely be substantially dilutive to current shareholders.
Lack of additional funds will materially affect our Company and our business and may cause us to substantially curtail or even cease operations.
Consequently, you could incur a loss of your entire investment in the Company."
I just bought a few more...
...watching them trade THEIR shares back and forth!
Unless we fold they CAN NOT COVER! (price irrelevant)
I'm going to quit watching and get some things done. Hold tight!
During coffee time I thought about our insider transactions issue...
then coincidently saw your reply.
Perhaps management needs a few replacements?
If we truly believe wallstreet is crooked...
then we need to buy more... (2 plus 2 equals 4)
Buy... hold...
buy MORE!
...and wait out their games
$AMC ....my favorite stonk!
I hope the setup is what we think it is and it squeezes BIG time!
(I'm talking a squeeze that's discussed DECADES from now!)
There are a lot of investors over the years have been cheated by the SEC and naked shorts... many examples could be listed and I'm not the best choice to start listing examples... investors have been flat out cheated and the SEC would protect the crooks. Well it appears there's a good chance for revenge. Many investors buying and holding out of spite (not every holder of course). Once you REALLY tick a guy off (young and old) they're like a bulldog! I've been buying and adding regularly. I plan to buy more and there's SOOOO many like me out there! I despise a thief and I'd wreck my car to ram one leaving my driveway! This is war in my mind... I hope I'm not being played (maybe I am) and I truly don't think I am being played. Regardless I'm in this to win. I haven't flipped a single share as I normally would with a stock because I don't want to miss the squeeze! That's my 2 cents. I appreciate you folks and enjoy your posts. I've been watching Neb post for YEARS! Everyone have fun.
Our $VITX has made a REALLY good coil pattern on a 3 month chart!
I prefer to buy pink current stock but I feel I understand this one...
..BTW I also formerly owned furniture stores (in NC & SC)
AMC may help change some of America's standing evil practices
Cancellation of 500 million share request dropped from last two articles! How convenient for the rich, short, socialist hedgies!
America is overrun with incomplete & fake news!
Rich socialist control our media and politicians,
and there's plenty of idiots and dead folk to keep voting them back in!
...very sad indeed!
Added to my position at $11.10
...most I've ever paid!
Hopefully it will be fun (and profitable)
...to watch the Hedge Funds fight over those shares!
A little "fair warning" taken from their latest filing:
"As of February 28, 2021, our primary source of liquidity consisted of $-0- in cash and cash equivalents.
Since inception, we have financed our operations through a combination of short and long-term loans, and through the private placement of our common stock.
We have sustained significant net losses which have resulted in negative working capital and an accumulated deficit at February 28, 2021 of $9,398,379 and $14,813,016,
respectively, which raises doubt about our ability to continue as a going concern. We generated a net loss for the nine months ended February 28, 2021 of $5,919,963.
We believe that our capital resources are insufficient for ongoing operations, with minimal current cash reserves,
particularly given the resources necessary to expand our multi-media entertainment business.
We will likely require considerable amounts of financing to make any significant advancement in our business strategy.
There is presently no agreement in place that will guarantee financing for our Company,
and we cannot assure you that we will be able to raise any additional funds, or that such funds will be available on acceptable terms.
Funds raised through future equity financing will likely be substantially dilutive to current shareholders.
Lack of additional funds will materially affect our Company and our business and may cause us to substantially curtail or even cease operations.
Consequently, you could incur a loss of your entire investment in the Company."
Compare the amounts that went into the business to the amounts that went into their pockets over the years?
GM and hope you are well!
Nice bump up... AMC strong!
I go to iborrowdesk .com to see the current rate....
updates very regularly. Right now it's over 20%
They'll be back if this gets a "rip" from a "fluff" PR...
The Devill family may want another home somewhere? (NC maybe?)
My guess is their next pretend biz will be crypto or something "green".
Nobody can sue them for scamming folks because the CEO plainly tells everyone in his filing what this is.
He's good at this and takes a lot of money from folks relying on "to da moooon" posts and pumpNdumpers. Evil!
It's a good thing to warn folks when you see them in dangers way...
...you can lead a horse to water... and you can reveal the facts.
It's none of my biz if folks want to gamble... absolutely NONE!
...but I have no problem with trying to toss someone a life preserver!
Just to give everyone an idea...
Had someone "invested" $266.666 in May 2018
It would be worth .0008 cents today.
THAT'S what revers splits and dilution does!
(looking at the 3 year chart)
To put this in perspective...
Had some idiot gambled a million dollars ...
Now it would be worth $3 (three dollars)
When a CEO says the company has $13 in the bank...
...well that's about ALL anybody REALLY need to know!
Neb this stock is backwards...
goes down with heavy bidding and light selling...
then goes UP with light buying and heavy selling!
It's backwards!
$AMC up in pre-market...
GM all you nice people! (you too NEB) LOL
$RYMDF Potential "short squeeze"
Not ONE green crypto on Coinbase right now...
...ALL red!
Buy in the morning... at night and then noon.
hold on real tight on our flight to the moon!
If AMC hits $1,000 you buy the steaks for our AMC party LOL!
(I'll bring a dartboard with Soro's face on it)
$CLRO is a good "watchlist" stock IMO
https://finviz.com/quote.ashx?t=clro
If we have an "AMC party" we'll dump a bucket of ice water on your head to repay you for disturbing the bee hive...
but you'll also get a steak, wine & cheese!
...Myrtle Beach maybe? Just not Vegas... please not Vegas!
Maybe the CEO will comp us all tickets and popcorn.
Y'all recall folks were losing interest in GME just before it went from $50 to the moon? Volume was down... the borrow rate was down etc.
Well we may do the same thing? The VW squeeze was right after a long down spell with low volume. The hedge funds are slick and experienced. The average ape isn't. They KNOW how to play on emotions. They KNOW the game inside and out. The difference here is that a zoo full of apes (like myself) are buying and holding. They've either sold a train load of fake shares or they haven't. I believe they have. I have faith they're crooked cheaters and that we will see a squeeze.. but we might not. The gov't is also crooked and they may find a way to save them... and they might not! The crooks may do mob tactics to the CEO and force him to produce shares for them. We don't know... but we all like a good movie where the good guys win... so let's play TOUGH! APE tough! Let's endure to the end and win this thing! Everybody HANG IN THERE!!!
18.2% borrow rate.... wow....keeps going UP!
GM NEB and all the other apes! Wild "bumpy" ride ahead!
One for the radar: $HAPP @$1.78
Shouldn't have any trouble making it back to $2 IMO
Hope your right. We can expect them to burn a few short shares to keep it under $10 because of the options. (I still hope your right though)
I'm not flinching when AMC hits $12.. or $13 ...or $14
LOL! I couldn't sleep last night anticipating that update! LOL!
"pins and needles".... LOL!
"WOW" ....indeed!!!!!!!!
I didn't expect it that quickly!
$AMC is addictive...I can't stop buying (Neb HELP me!) LOL
short shares available dropped to 8,000
...added a little more today
2 days ago... 2.4% borrow rate.
Today will likely go over 10%
CEO confirms NO "2021" dilution.
Almost no short shares available.
Expect them to short it lower...
digging their hole deeper and
insuring a higher price for us later!
Media will double down on negativity.
Every trick in the book will be used!
"Paper hands" will fold...
...APES will BUY! (gonna be FUN!)
...this is my opinion
The increase of Vitana-x reps will be amazing!
...just watch those numbers grow...