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Same, this is going to liftoff eventually. Just a matter of when.
Yeah this is gona go, just hold tight.
I still agree. Looking to add tomorrow if this continues.
Need filings and the CE taken off. Until then its a total risk to hold.
Yep I loaded here big on the way up. Expecting good things here
Yeesh who dumped here this AM.
Not with this OS dude.....a good valuation with these revs is between around .05-.10
It's hovered between .007 and .01 for like 3 months now.....today is nothing special.
My concern are all of the notes I see in it...
If this was a P&D the volume here would be much much higher....
Decent volume for once, hope this is a trend. Looking good.
Doesn't change the market cap math. A dollar puts this at a 1.5B market cap. That does not make sense given their current or projected revs.
Net loss being down is a product of revenue from the additional convertibles....at least how I see it.
OS is too high for dollars, but .05-.10 is doable
Don't go crazy friend, it was just an ask tickle that caused that.
Been here 2 years, don't think I've seen it crack 10mm volume ever.
All it will take is one 20-30 million volume day of buying and we're there with how thin this is I'd imagine. Given the OS volume like that should really be the norm here....
I hope so, this should really be somewhere between .05-.10. I would be happy with either of those.
Got refilled at .014 after selling yesterday......lets go back on up
Even if that's the case there is still profit there, it's just showing maybe a quarter earlier.
If I were the owners/insiders and owned this much stock it sure would concern me that some random penny stock gambler (IE: Me) can instantly slash the value of the companies shares in half if they wanted out.
The fundamentals seem to make alot of sense so I'm not too sure why it hasn't moved. Maybe my own research is flawed in some way but I feel like this is undervalued
He only holds 16mm shares so unless he gets more that won't tank the price at all. Thats 1 day around here recently.
I've flipped small amounts but yeah that's about right.
For such a high O/S it's odd I could single handily tank the price if I wanted to.
Been holding 2.5mil @.004 for like 3 years now. Whats another 2?
Would be funner with some volume.....
Still holding patiently here.
They dropped off the radar for about 2 years in terms of filings, will believe it when I see it.
I'm watching this closely because I see the potential here but am skeptical giving their past history. I was stuck with a couple million of .006's for a longggg time until this spike up.
I'm hoping this is the case. I was waiting for an entry point here and this might be it. Gona wait it out another couple days to be sure.
It's impossible to know either way. It's possible it was causing it over the course of the last couple weeks and this was a final dump. Looking at the past daily volumes they are low enough this could be the case.
The 10-q will tell all when they release it, if he decides to file one. That's been hit or miss with these guys.
Remember it's a total of about 33 million shares. Hard to say when/if it is done now. We have no way of knowing until the next 10-q
Converted into common stock yes, not sold into the market.
The warrants had to be converted by July 22nd, this was their first opportunity to dump. I'll buy back in once this is finished. At least a couple more blocks of shares to dump here.
There goes one of the warrant holders.
I'm still watching this, but I've made my money on this. I'm expecting the next filing to show an OS increase which I imagine is going to trigger some selling...
Unless he goes dark for another year or two....
The filings show none were converted as of March 31st of this year. It's in the table at the bottom of page 8.
It's not old news, they haven't been converted as of March 31st. They had to be converted by July 22nd 2018. The share price is likely declining right now because of the discounted shares. It's right in the filings on page 8.
I can't say anything for sure, just posting facts as I see them. I was holding this thing for about 2 years before I finally got out around 3 cents.
This is the note.
https://www.otcmarkets.com/stock/EQLB/disclosure
There was a convertible note due this summer, it's likely that. It's in the filings.
There are no convertibles here. Way too low of volume for dilution anyways.
Fins will tell all. No one here can say with 100% certainly if it is or isn't. Now if the fins show a boatload of assets and sales from the cement company then we can say it's legit.
Given the convertibles I saw in the 10-q the OS is probably in the 100's after today, but that's still very clean for OTC.