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Volume 550k
No one is buying this toxic junk anymore
Bottom is in
⬆️ from here me thinks
Look for another increase of around 70-100m tomorrow
Usually the sequence is OS change followed by dump
However we get updated on
Monday and don’t know when the OS changed on the previous week
This CEO is incompetent or has zero respect for his shareholders who are being diluted via toxic financing
He bloats about the company once being on Nasdaq which is true but not under his management so it looks like he is pumping to sell his toxic junk
Question for you
If you’re a sec filer
Are you not obligated to file a pre14C followed by a def14c to increase the AS
See $N I C H
Because of this in filing
“convertible at 50% disc. to lowest price in past 30 days”
For the next 30 days the debtors will be getting conversion shares at .00015
So 200m shares only covers 30k of debt
Toxic junk 🤮
Exactly
A 🚩
Your right the label is often used unjustly by naive pumpers
$NICH toxic death spiral dilution
The Company had loans and notes payable as at November 30, 2023 and August 31, 2023 totaling $272,118 and $158,371 respectively …
“convertible at 50% disc. to lowest price in past 30 days”
That’s .00015
Page 10
https://www.otcmarkets.com/filing/html?id=17189143&guid=Lvd-knmv0E2mB3h
Not including the debt they just added recently …
$272,118 / 50% discount on .0003 = 1,814,120,000 shares just to put things in perspective
Death spiral dilution at its finest
Debtors never lose with there 50% discounts
You mean how many are left to next AS increase
They cannot max out the AS with debt in the books !
AS must always be large enough to handle all debt in the filings
And when you start dumping shares at .0003 with a discount
100m at .0003 is only 30k and they normally get a 50% discount
So only 15k of debt
There will be another AS increase unless they are debt free which they are not
They are SEC filers
I believe they are supposed to pre14c followed by def14c on any AS change ?
Or does it only apply to an RS ?
A few “aka bashers” warned everyone
Sometimes the basher is your best friend
50ma on the weekly $134.08
Looks like we are at bottom
And now with the ATM turned off till end of 2024 and beyond
We should start a trend up
Not the same management 😝
Just the company pumping to sell shares
🤮
https://x.com/keeprealistic/status/1768817868135677992?s=46&t=IJ2EAuutIm5R5c1kklP3-w
$AULT ATM turned off till end of 2024 for starters
.4x entry is lowest VWAP in past year
Take a look !
https://x.com/keeprealistic/status/1768491456577049036?s=46&t=IJ2EAuutIm5R5c1kklP3-w
$AULT ATM turned off till end of 2024 for starters
.4x entry is lowest VWAP in past year
Take a look !
https://x.com/keeprealistic/status/1768491456577049036?s=46&t=IJ2EAuutIm5R5c1kklP3-w
Maybe after the CEO finishes maxing out the AS and does not increase it again 🤷♂️
Still 210m shares to go
https://www.otcmarkets.com/stock/NICH/security
Absolutely agree
Shorts have been disarmed till end of 2024 for starters
Nonsense
Company is debt free
Read the last 8k
This year
Last pop was to $12.80 may I remind you
And it came out of nowhere
My wify picked up shares at $3.29
Good enough
Considering $DBGI with its current float can see $20+++ before EOY
$AULT from todays PR
“We have accumulated a nearly $400 million asset base and will continue to work on bridging the gap between our public valuation and the true value of the underlying assets. This strategic shift is not merely about changing our financing approach; it’s a testament to our unwavering dedication to maximizing stockholder value and securing a robust financial future for the Company”
$DBGI LOD $3.16
He increased the AS without a pre14c
Whats to say he won’t again
Toxic CEO
$NICH AS at 1b now and OS already at 790m
https://www.otcmarkets.com/stock/NICH/security
$AULT per last 10Q page F-1
https://www.otcmarkets.com/filing/html?id=17070546&guid=Dfd-kFDAvdj4B3h
$378,456,000 in TOTAL ASSETS
$214,407,000 in TOTAL CURRENT LIABILITIES
Net ASSETS = $164,049,000
That’s correct over 164 million dollars worth of assets trading at a Market Cap of 2.36 million based on January 23rd OS of 5.9 million per company shareholder pr.
$AULT even with 8k today do the math..
https://finance.yahoo.com/news/ault-alliance-issues-letter-stockholders-113000820.html
As of January 23, 2024, Ault Alliance had 5.9 million shares of common stock outstanding. Based on the Company’s balance sheet as of September 30, 2023, the book value of Ault Alliance’s common stock is approximately $15.25 per share. In contrast, the Company’s common stock currently trades at a 96% discount to book value and it has a market capitalization of approximately $3.6 million.
$DBGI 50ma still acting as support so far
https://schrts.co/GgPcrKYA
So he basically said more dilution incoming
https://x.com/keeprealistic/status/1767339723004023286?s=46&t=IJ2EAuutIm5R5c1kklP3-w
$DBGI LOD $3.31 below 50 ma
$VLCN 🤔
“If this Gartley plays out we would expect a move towards $3.00 this move towards $3.00 could then lead to a Double Bottom breakout which would take the price up to around $7.00”
https://www.tradingview.com/chart/VLCN/jb46TMe4-VLCN-Bullish-Gartley-with-Bullish-Divergence-at-a-Double-Bottom/
$VLCN 🤔
“If this Gartley plays out we would expect a move towards $3.00 this move towards $3.00 could then lead to a Double Bottom breakout which would take the price up to around $7.00”
https://www.tradingview.com/chart/VLCN/jb46TMe4-VLCN-Bullish-Gartley-with-Bullish-Divergence-at-a-Double-Bottom/
$VLCN
The senior notes converted to preferred shares at $1.33 are not for sale !
Per 8k
“Upon the consummation of the exchange, the Notes will no longer be outstanding and the Company will have removed substantially all of the debt from its balance sheet.”
“the Company is not required to redeem the Preferred Stock, except upon a change of control transaction.”
So I would not worry about those as it was senior debt which is usually long term
Look for those remaining Series B Warrants exercisable for 7,137,082 shares of Company common stock at an exercise price of $1.8646 per share to be used to raise an additional $13.2m at higher prices likely above $3