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I respect CEO for being transparent about this and letting us know the end is near. They are doing everything u dont see in OTC land generally. PAYING OFF NOTES to extinguish them for good. I find this very bullish.
I am willing to go for 500K-1M more in this range and make a bet on the company and the CEO to follow thru and crush it. Risk/reward bet for a big play as i can see this .20+ in 2020 if company crushes it. :)
Oh wow, Rhett put out the filing to A. let the shareholders know whats up and B. extinguish presumably all outstanding debt on the company and move forward.
Cleaning out the debt is hard in the short term but it shows he is serious about taking this stock far higher and wants them out first IMO.
Rough calculations after reading is depending how much they converted so far (its been over 2 months), the shareprice was generally around .04-.055 so a 45% discount is like .025-.03 which is like 5M shares total.
As i have been saying for a while, this seller has been here since march. relentless. No doubt sold the lionshare of volume since that period. what is that like 4.4M total since?
FLUSHHHHHHH out OTCX. Certainly seems close
Consolidating around .08-.11 from its prior big move. Next push this could break into the .20s if we get some good PRs from the company as they launch and/or updated filings
Again, love how this company is more or less sight unseen for OTC traders. :)
Stock going Current. Probably a RM candidate coming up. Type of stock that may go for a massive run. Writing is on the wall folks.
Risk/reward here is huge as upside is easily 500% :)
For how professional and super on point this company is, they really need to get the name/ticker change done in combo with marketing push. this Kading Companies, SA" is weak.
Business Warrior Co and BSWR or whatever would be wayy better.
Super strong trading lately and EOD buyers smashing the .0113s. Tmr could get wild leading into conference call. Lotta shorts gonna wanna cover going into the call.
Wouldnt rule out .014 tmr as the chart has breakout written all over it. :)
Congrats to those that held, next leg beginning
Impressive. Everything Biz warrior does im impressed by. Professional, top notch stuff. They certainly seem to know what they are doing, got the experience to back them up, and seems like they are about to undergo a big sales/marketing push.
If this company gets traction, starts cranking out the signups and with everything they have about them i think this can see an epic run.
He sold the lionshare of volume as you see on the day but in the early afternoon session he left L2 completely after a huge volume push against him. He came back one time a little later for like 150K that he repped the legit amt and after not getting hit that much on ask, he hit the bid and then left L2 for good.
For i wanna say the entire final hour, into the closing, he was gone from the L2 completely.
Certainly seems like hes slowing down or done. Investors gonna be a little hesitant at the start imo for fear of him coming back like before but slow walk back up started as soon as he left.
Possible .04 test tmr.
Bottom in? Need confirmation tomorrow with far fewer, if any, shares from OTCX and a close above .031. Looks like it is
All shareholders need to do lots of DD tn on the company and CEO. this stock should be going much much higher over the course of 2020. :)
Mondays monster move has now sucessfully been consolidated. Watch for higher highs to end the week IMO.
Sellers flushed out and buyers gonna have to start paying ask which has thinned out. well done :)
Any shares sub .06 is a gift from a seller who has dislocated the price action in an effort to sell out a large block.
The block seems to be coming to an end with this impressive volume though :)
I wouldnt be surprised to see KDNG hit .20+ on the marketing campaign ensuing.
Once people learn about the company en mass, which seems to be happening more and more by the day now with all this volume we will get a much larger group of longer term holders/investors.
Accumulation zone here sub .0015. Load and hold as the story plays out on this net profitable company with 0 notes, no dilution and more wake up to come. :)
Sit back and see where this is at in a few months. my guess is .005-.01
Another 700K bought from OTCX/short so far today. I hope to look up one hour to see a yugeeee 500K block and OTCX gone and price back up to .04 in minutes :)
370K bought/shorted via OTCX so far today. how much more he gonna let loose before hes done?
FLUSHhhhhhh lets do it!
Interesting. Where do you see this? I see the most recent filings showing an OS of 246M as of Aug and Nov of last year. Current OS is 334M now which im guessing Rhett got a control block for the RM which was the bulk of that increase.
But if ur able to see that 2.5M only was added to the OS and was not restricted after 3/11 than that would fall in line with our thoughts.
And ive been following L2 this whole time, everyday. No doubt in my mind, same seller today was same seller back in March doing those 100K blocks endlessly. Seemingly they have been the only seller of size for months now. i wouldnt be surprised if they are approaching 75% of the volume in this time period + shorts.
Love nothing more than when the CEO is tweeting about how much better he expects volume and price action to be after they begin a nation wide rollout.
See you at .15+ in the coming months.
(BTW Rhett Dolittle is top 10 CEO i have seen in the OTC in my 17 years)
I bought probably 150K+ today and will do 150K again tmr if we remain down here in the dumps. OTCX gotta be done soon and then i expect to see .05 fast :)
Highest volume day since the merger was announced in early february! This is what we needed sadly as basically every share was bought at the ask from OTCX who is selling a large block/shorting.
Only thing that works in these situations is slaughtering the ask and flushing whoever it is out. 1.1M in volume, like 10x its average daily volume will do just that.
GET THE F OUT OTCX. company far too strong for this nonsense
No, i would say 2M roughly, although today is a lot for him to be selling...seems like it could be capitulation today/this week.
He was selling in late feburary in 100K blocks to what seemed like setup buy orders. About everyday there would be a 100K buyer back then on the bid, and this guy would sell 100K shares. Hes become more aggressive in selling out his block recently though and definitely routing via a non retail broker with his ask not showing correct size and re-upping size instantly after a buy fills him.
CLassic dilution/non retail seller. Reminds me of pre 2007 when you didnt have L2 size and u would have VNDM keep driving down the price, then finally a big blowout print and boom, stock pops 100% minutes later.
Cause this area down here is not right. stock should easily be .045+
Big loading wall put in place to induce sellers. not much selling in front of it. Good to see as sellers dry up at this level.
Another few hours of this, shake our a few more million shares and ready for the next leg IMO
OTCX last stand today? make a push for 1M shares in volume to flush him out possibly?
This Rhett guy and team is so top notch with everything they do. One of the better looking investor pages on OTC company websites i have seen in all my years.
They know what they are doing
Great, thats excellent news. So were dealing with presumably a former shareholder who is selling thru a non retail brokerage acct in 100K blocks exclusively.
And/or could be a prearranged swap of stock for a group but i doubt that. Im sure CEO knows who the seller is, they generally know these sorts of things
This is at the point where us OTC traders cant bring this stock to its real value. This stock should easily be .30+ with the fidelity news and what it entails about the future.
Just need more big money folks coming in like they did last year to bring it to full value and/or actually see whispers of buy out. :)
You keep saying this garbage line of promotion/scam for months. Ive been trading in the OTC since 2003 and this is far from a promotion driven line.
TBH i would prefer MORE promotion/MORE volume but this lacks it and actually only started moving yesterday because the company filed, as it needed, its 10Q.
They have no notes, so not much need to "pump" the stock currently but OTC retailers are all over this now because they see the value in this with the stupid low MC vs the earnings report that just came out.
Lets hope that the company does wake up more and help the shareholders "promote" the stock with a PR about their fantastic 10Q. Somebodies gotta tell the world how great your company is, profitable etc, and its gotta start with the company.
So lets see a PR about the 10Q, spoonfeeding the masses what the few already know here. $2.6M revenue company with 100K net profit on just 880M shares and 0 dilution/notes due for another 14 months :)
Trading strong lately, chart also looks ready for a big breakout.
One of the few OTCs i will hold for investment value/multi month/year hold potential :)
Ive been around the OTC a long time like you koolmc, ive just never understood these old note holders that sell without any care of price. like they could hold what they got for a few weeks/months and sell 300%+ higher but they dont care.
Anyone check the filings for old notes, id like to know how much more they got. ive never been great at reading filings.
Basically all time high volume and +80% on the day while flushing out prior holders who had bought in the trips. Well done for day 1 of the move.
See if tmr we can get up to the .003 purchase price.
Have a great night all, see if we can push for even half or 2/3rds of todays volume. if so i bet we close above .003 :)
There is definitely one old note holder dumping out here near daily in 100K blocks both on ask via OTCX and bid in 100K wacks. No idea how much more they have left but its creating a very unusual trade.
Its getting the point where i may hold my breath and put in a bid for 1M shares and see if that will flush out the seller. Company is far too strong and i doubt CEO needed or was dumb enough to already go with some toxic funder so this reaks of an old note holder dumping out at whatever price he can get.
Trading like a champ- testing .0021 breakout level.
Continues like this thru lunch and we see .003s in the afternoon IMO
First pullback of the day, see what the afternoon session brings. On track for all time high in volume today.
Thats exactly what u wanna see in a multi day move
Trading very Strong/Healthy in first hour+. Consolidating its gains and readying for next leg higher.
.003 very real possibility today IMO
10Q AH friday showed where this is going. Give it time, this will be .003-005 at some pt this week IMO.
Although it wont happen in an hour. Takes time to digest moves and then leg higher. :)
This is not fidelity btw. i dont believe
2.6M revenue with net profit of 100K$ is legit. I will be buying 2-5M more shares this week as i believe this will begin the long awaited run.
One of the better values in the OTC market as i continually say :)
I bet this closes +50% and on all time high in volume. Contract with Fidelity marks a new day for the company. #Gamechanger
SSFT could go to $1/share on this news. Its that big IMO
One of the biggest PRs ive seen in OTC land in a while. Fidelity is HUGE. wouldnt be surprised to see this stock up 200% on this news
Kinda seems like somebody in the know is silently accumulating up a large position, presumably before some big news release/push. Impressive trading last few days