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All taken from Quarterly reports:
June 30, 2016
Outstanding Shares:
678,592,649
Share Issues after 6/30/16:
7/11/2016 1110 NAUL US7490 140,000,000
7/11/2016 1120 MCKINNON US7491 25,000,000
7/25/2016 1131 CARO US7493 7,500,000
8/4/2016 1132 HQ US7495 250,000
Total: 172,750,000
678,592,649
172,750,000
= 851,342,649 which is the current outstanding
In addition:
Byron Young Ownership – approximately 23% ownership of issued and outstanding Class A Common Stock
All shares disclosed in Item 4A above are restricted. As of September 30, 2016, there were 851,342,649 shares of Class A common stock issued and outstanding.
Float: 339,824,976 a/o Jun 30, 2016
According to the slide in the webinar, a/o 9/16/16 the float is unchanged.
If I remember correctly the deal with NAUP (which is apparently somehow lumped together with Doug McKinnon??) held a restriction of 1 year followed by an option to sell up to 1% per quarter following, but I don't currently have time to find that information for sure right now.
IN MY OPINION, most if not all of the share issues are held by insiders part of the company and are all restricted. This has all been said and done for months now, the price should've already corrected by now. The only thing that is left for ME to find out, personally at least, is how they plan on accommodating the $10 million PIPE investment... preferred stock, more common stock, etc. It sucks, but it's a necessity to get this off the ground and we know exactly how the $10 million will be used.
160mil of that was to NAUP
Lot of order shuffling and flashes of orders going on with the Level 2 at the moment
As long as the company proceeds forwards I plan on staying invested 5+ as well, but I'm also only 23 years old so I basically have all the time in the world here.
Mostly interested in sticking around here to see what kind of companies end up being rolled up under the Chron "umbrella." I have a copy of the conference call from April I watch occasionally as a barometer of progress, and I remember clearly management stating that after roughly 5 years they would focus on expanding the subsidiaries and find someone within to manage the Home Services part.
Obviously this is all WAYYYY out in the future, and I re-evaluate my investments often. In the meantime I'm just enjoying watching the pieces rapidly come together just as we were told they would.
Did you enter your information to get the password? All I had to do was enter my information then was given a link to the webpage and what the password was. Upon entering that, the slideshow and audio were right there on vimeo for viewing.
Just finished watching it and taking notes. Presentation was fantastic and full of great information. Only thing I wonder about is the PIPE. I would think the A/S would have to be raised to accommodate that amount of funding. Also wondered as to how the PIPE was part of the plan to go straight from PINX to a big board, however the slide showing how the funds would be used IMO will be a great thing for this company and grow us exponentially. Interested in every one else's thoughts as well.
GO CHRO
Volume at .03+ since 10/28 now at 2,409,171 after today.
What are you guys' opinions on why they are absorbing so many and trying so hard to keep it at or below 3?
Is there a possibility that MMs just simply don't have the shares and therefore have been building up a massive short as buys keep coming in at the ask? If we are all holding our shares like we are, maybe we have run them into a bit of trouble....
I've been keeping a screenshot of all the trades at the end of each day lately. Since 10/28 we have traded just under 1.8 million shares of volume at .03+ Hopefully the wall we've had at .03 is almost done for.
GO CHRO
I could be off with my math, but if each one of the 44,000 marketers sold a single Zen 1.0 kit with no add-ons @ $925 a kit that alone would bring in 40.7 million dollars instant income. Then add in the service plan at $59.95 a month with a 3 year agreement and they would bring in 2.6 million dollars a month. Sky is the limit here folks!
Yup that was the float as of June 30... Until the next quarterly report the only share issues I know of are the 160mil to NAUP and 30mil to Caro Capital (should both be restricted) so I'd put the outstanding at right around 870 million currently. Curious to see what the float will be. It'll give us a certain answer as to whether the seller is a regular trader or if restricted shares are hitting the market, right?
Check your inbox on here
Meaning you have contact info now? Still no reply on my end
I tweeted him to see if hed link up with you a couple minutes ago
I personally believe theyare probably already in the process as that's what they alluded to during the audit PRs.. I think they assumed it was a foregone conclusion that they would take that step as soon as the audit was done. How long is the uplisting process to OTCQB? May surprise us any day now!
Agreed! Soon as I saw it reminded me of RJET back in the spring that flashed 1.50 and days later guess what... 1.50. Late to the party on this one, but may take it for a spin
I was assuming that since the last meeting was last minute that they were having another one with time for ALL of us to plan ahead for the full meeting. So is this next one supposed to be private or are we invited? I'm interested in going. Hell, if anybody wants to go out for drinks afterwards, it's on the house ;)
Any word on the time of the shareholder meeting upcoming? Live in PA so need a good heads up to get a plane ticket and plan. Who all is interested in going as well? Look forward to possibly meeting some of you if I can make it!
Idiots just upped it to 343k... Are they trying to make .03 what .04 was before? They walled it off at .03 earlier this week ??
Nice day so far, took me by surprise! GO CHRO
By the way, I started saving the Level 3 montages in screenshot form in a folder on my computer again. Something I was doing a little bit back in April. Hopefully being able to look back will give us an idea of any signals and we can keep track of the buy/sell volume in detail from the beginning of this week on.
That's why I posted, to get other opinions from people more in the know. I can't imagine they would be floating shares though, that would be insanity
I would agree to the possibility, but I just watched a copy of the first conference call the other day, and the same question about Appyea was brought up and Doug McKinnon said NO. But maybe times have changed?? Not sure. Plus it seems the rumor is Doug is moving the company to Colorado
I found the price tag, now let's see what they can do... should be about time to get the ball rolling with their first PR
http://carocg.com/disclaimer/
It's towards the bottom
Caro Capital signed an agreement with The Chron Organization, Inc. to receive thirty million shares of the company’s common stock.
Wednesdays here historically sloooowwwwwww moving like molasses
Go CHRO
i don't have level 2 so I don't know long it's been up but I see ARCA on the bid, think they may be trying to bring it down to feed them? They probably want alot more than the 10k showing
Put a bid in for 80k, hopefully thatll be enough to curb the appetite of our daily dumb*** if he goes on a selling spree at 3:59 PM. LOL Out for rest of day GLTA
Go CHRO
Well they certainly can't be any slower than Scotturd... STILL waiting on my funds! Hey, everything will be right in the world if NITEs next "computer glitch" sends it into a CHRO buying frenzy and bankrupts them... AGAIN ;)
Go CHRO
Slap! Come on scotturd get your **** together and clear my wire!
Looking forward to 2 things today
A. My bank wire to go through
B. Some solid price action!
GO CHRO!
Cheapest lottery tickets I ever did see! Got 55k more yesterday, looking for 200k or so more next week. As long as management keeps staying true to their word and progressing the company I will continue to buy
Requirements for listing on NYSE
Full initial listing guide here:
https://www.nyse.com/publicdocs/nyse/listing/NYSE_Initial_Listing_Standards_Summary.pdf
Requirements for listing on NASDAQ Capital Markets
Full listing guide here:
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Hahah I was just kidding... Would've loved to have been there myself but live in PA... Bit of a hike
GO CHRO
I feel like our fellow CHRO-Magnons are toying with us on purpose lol
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155059
Last page on the report, section 10 "Subsequent events" reports the issue of shares to outside investors for capital.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=158833
Second page on that filing, Section 4 "Issuance History" shows the date, amount, and recipient of all share issues since January 2014... For our sake when I was looking at the numbers I ignored everything from before December 2015 (when Alex started here)
It is interesting to see that not long after the first issue of 20mil to United on March 7, the stock went sideways for 3 weeks with pretty high volume but alot of red, but at the time the volume would've been high enough to clear that 20mil out. Whereas we probably haven't even had 80 million in volume since May 2.
I was planning on trying to dig deeper as well to find the full name of this "United" company as well. For example Vernier Funding LLC just shows up as Vernier. Love to hear if you find something out. They're the only guess I have as to who would've been selling so many shares, but again I don't know whether they were restricted or able to be sold immediately.
Theory on the Constant Selling...
We all know that someone/something has been unloading big amounts on the bid for months almost nonstop right?
3/7/2016 1110 UNITED US7454 20,000,000
From Quarterly Report posted May 13... "On May 2, 2016, the Company issued an aggregate of 82,500,000 shares of its common stock to outside investors for $450,000."
5/2/2016 1110 UNITED US7471 80,000,000
5/2/2016 1114 BBBY US7472 2,500,000
That averages out to a little over .005 per share. Is there any way to find out whether these shares were restricted or floating?? Who is UNITED? They would be the only ones to have that kind of size since this has been CHRO in my opinion. All the other share issues since Dec. 2015 were under 2 million shares a piece besides Vernier (which I think we all remember the 7.5 million share dump in mid-May, so they've already been sold) and the 20,000,000 share note from January 2015.
Look at the chart starting right around May 2.. besides a few bounces, it's been mostly red. We always say here on the board that it seems like someone with a low average or a load of shares based off the way they dump with no regard for the PPS... seems to fit the bill, they would have both!
Not bashing, I'm still long as ever this stock, just asking for insight from the more seasoned investors here! My knowledge of share issues is sketchy at best.
GO CHRO