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Voting rights and AS have no relationship
Future debt can be converted at higher levels which limits the amount of shares needed.
Your assumption has no footing
Simple math.
.03 / 5 = .006
5 times .0012 = .006
Shares were awarded at 500% over market close.
CEO looking to increase shareholder value.
Not like your typical CEO at all which take shares at deep discounts to the market.
His actions speak volume.
Name me one pink CEO that allocates shares at 500% over market.
You would have to be blind not to see the value of this !
It says CEO is happy to take compensation shares at 500% over market close today because he believes the stock price will be well above .006 in the future.
So he is not a greedy CEO just looking to rape shareholders like most OTC's.
We have a Revenue generating GEM.
Buy & hold for fair PPS.
Pennies are a no brainer here
His action here speaks volumes
CEO gets shares at .03 !
We closed at .0012
He knows where this is heading !
His action speaks loud & clear
See u in pennyland
Holders of .005 have 10 bags waiting at .05 and thats where the fair pps will take us in due course.
Patience is a virtue.
Once we rid ourselves of all impatient retail & flippers we will commence our uptrend.
Almost there
As you can see
Retail sellers last few days
You want to load in the trips, understood
Looks like some limited 12's available right now.
Notice how a few came
Posted for a couple days
And are nowhere to be seen
Follow these guys
All they do is p&d
That group push brought a bunch of them over :(
Takes a few days to flush them out
I think my l2 is quirky
Only 6 mil in volume today !
The idiots holding it down are loading for the next run.
Very easy to manipulate the OTC when volume is down.
Short holiday week also.
Looks like we have very little retail selling down here.
L2 has 1 mil at .0012
followed by 350k at .0017
4.2 mil traded at 12 today
4.7 mil at 11
3 mil at 10
Trending up, slowly
Surprised to see retail giving away there shares this low !
Someone's impatience is someone else's gift.
My first buy was .0035
Have averaged down to low .002's since.
I agree
I asked Warren that he update OTC markets timely in the spirit of transparency.
Once a month would be ideal.
I encourage all communicating shareholders to ask the same of him.
Yesterday
Agree and without the two tick flippers this time around !
That was a great grab.
In due time many will realize that shares at this level are truly a gift.
Follow the CEO's actions.
As per his own words to an email to me yesterday in quotes below.
"I am restricted in what I can convert as an associated person and have not converted any debt or sold any stock nor do I intend to."
CEO sees the future value here.
Chipping away at the 12's
730k left
Then .0015
Thin
Most players in pennies are short term minded and do no DD.
Need to get those shares in stronger hands who realize the value here.
That group that came in is a classic example of the mind set.
In one day
Out the next
Let the non-believers out first.
Market always adjusts itself in due course.
Market is forward looking
When its in the Q the PPS will have already factored it in and be well in the pennies.
Some peeps love to sell at the bottom ?
L2 looks thin
$DLCR fair market PPS
Based on it's first starter revenue generating project (with more to come), revenues of 3 mil/year (as per last PR) this stock should be trading in the pennies.
It's just a matter of time that the market adjusts itself.
The Fair PPS for the company can be calculated based on projected revenues and then applying a P/E ratio.
The industry standard for P/E for a company in this sector (Paper/Forest Product) is 27.96 (see link below)
http://pages.stern.nyu.edu/~adamodar/New_Home...edata.html
The price-earnings ratio (P/E ratio) is a valuation measure that compares the level of stock prices to the level of corporate profits, providing investors with a sense of a stock’s value. To calculate a company’s P/E ratio, use the following formula:
P/E ratio = price per share / earnings per share (EPS)
Where EPS = earnings/total shares outstanding
Simple math tells you we should be well into the pennies even if the OS was maxed out.
12's falling
11's bid building
Its about to reverse
Watch how thin we are now after 13
Green close and start of a reversal coming
No more retail selling at the bottom left
My L2 shows only 1.5 mil shares to .0023
Here come the bidders at 11
1.3 mil at .0011 taken out
Only 1.1 mil left at .0012
That was a 12 that came down
Thin after 12
As soon as the 12's get taken out
That will signal a reversal from the bottom .001 and the herds watching from the sidelines will jump back in for the next round IMO.
After 12's my L2 shows 450K at .0013 and then .0023
Very thin.
Yes
Valid points
I agree.
Buy back will make sense in the future.
Will ask Warren his thoughts.
His priority is to fund his mining operations also.
7.1 mil retail shares got shaken at .001 with a 13 mil bid still standing at .001 and 12.5 mil traded at .0012
I would say bottom was .001 and the .0012's will be taken out soon.
Much thinner till .002+ this time around.
No reason for us to have retraced this much.
Just goes to show how this ticker is infected by flippers who do zero DD.
In the meantime revenues growing daily...
2.9 mil shares is hardly a block
We traded well over 50 mil shares over .0015 between Friday and Monday
When peeps are convinced there are no more retail sellers down here they will move it back up.
12.5 mil shares traded at .0012 today allready
This is being manipulated down
And its about to turn up hard
Retail are being played like a fiddle
Round 2 of loading seems complete
This time around the number of shares till .002x will not be as plentiful.
Amazing how a few deep pockets are playing this like a fiddle
Getting the assets on the balance sheet would do wonders to the share price and attract many solid investors.
Group play behaviour
Overbuy & Oversell
The positive side, the volume created attention and some good shareholders also bought the last two days.
Blackridge old 100K note is long gone as per PR
The 25k withdrawal on new 100k note they used for acquisition had a 6 month restriction as per PR
So no Blackridge possible before 2017
Were there any 5 digit double prints today ?