Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
All this means is that Monster is going to make money with free advertisement from e-sports events. $AMLH isn't making any money so this all means nothing.
Stock is getting more and more tired. Looks like 3s should fall this week and 2s will be on deck soon after.
The company going mum says a lot. A lot of hype from the CEO letter and then nothing to follow it up with. Typical OTC trash.
That's an article from 2009...
https://www.cnbc.com/id/32174786
Absolutely nothing is going to change.
Beautiful news:
https://www.sec.gov/news/press-release/2018-61
This scam is done. I doubt it trades ever again.
The market knew LFIN was a scam but they pumped it too hard too quickly after it was already under huge amounts of scrutiny. T-12 halts take forever to resolve.
Reminds me of kbio and drys. Not going to end well for most. It was long overdue though.
It's not the market makers fault. They are just a proxy of distributing the shares that the company created through toxic notes.
Blame the company not the market makers. The company has millions of dollars of toxic notes, it was very clearly spelled out in the 10K.
Hype and rumors aren't the truth. The truth is in the filings. Filings are full of toxic notes and an authorized share increase as well for the 7 billion shares that need to be converted.
It's only begun. Their 10K shows that they have 7 billion shares ready to be converted. The authorized share count should be raised some time this week. It was all plainly stated in the 10K.
The 77 million shares dumped today is just a drop in the bucket.
Filing does not matter. The SEC is the enforcement behind all publicly traded stocks no matter filing or not. They go after all fraud of any and all public companies, traded or not.
Educate yourself:
http://otclawyers.com/tag/pink-sheet-stop-sign/
A statement that has no value and no factual proof. What a surprise...
Educate yourself:
http://otclawyers.com/tag/pink-sheet-stop-sign/
It makes no difference if they are SEC reporting or not, as long as they are a public company, they are under the jurisdiction of the SEC.
The SEC will remove AMLH and then go after Bishop and highly likely be banned from ever holding a position at a publicly traded company which would lead to him being fired from his current positions.
When people think they are smarter than they really are they get cocky. Bishop thinks his fiduciary duties are a joke, but watch what happens when the SEC gets flooded with complaints they'll drop the hammer. I saw the same thing over at CDNL a few years ago. It was beautiful justice.
You nailed it, been watching all day and it has been one seller consistently.
I've seen crazy manipulation but this one takes the cake. Once this fool gets out of the way, this will be back at .50 in a heartbeat with very little resistance.
I've tripled my position. Absolutely will retest that .75 and fill this enormous gap this clown created.
I submitted a report. I urge the rest of you to do it as well.
Bishop is a scam artist and incompetent to his fiduciary duties. Needs to be hit with SEC fines and violations.
Here is the link for filing a delinquent filing report:
https://www.sec.gov/investor/alerts/ib_delinquent_filers.htm
What an amazing trading day
Do you even know what you're talking about?
The dividend was announced in January...
Show me where this company traded at .30 in January.
A blind squirrel can see the stock was never at .30 in the last 5 years.
Every single sell today is for a loss today as the buys below .65 are negligible. Very few bought at that level.
Great way to build confidence in your company...
A "special dividend" never comes out of the stock price. I expect some lawsuits to hit the company because of this.
That email or conversation doesn't exist and will never exist.
A 10K is a legal document. A PR is not.
I base everything off the legal proof and filings in the 10K.
No notes have been forgiven. No where in the 10K does it say. They will raise the authorized shares and those 7 billion shares will convert.
There is no interpretation, it's spelled out clearly in the 10K. It's not an opinion, it's a fact.
Also a fact is there is no deal with Qualcomm. None. Baseless rumors with no merit.
In the 10K they openly state they have no means by which to pay off the remaining debts and the will be required to raise the authorized shares to accommodate the shares to be diluted into the market.
They further state that they will need to acquire similar financing notes and to do so they will first be required to show that they have the available authorized shares for future conversions.
The MAXD board is full of nonsense "due diligence" but none of them are true. There are no deals written in the 10K. Interpreting a deal because they use Qualcomm chips is misleading. Everyone uses Qualcomm chips. That's doesn't mean they are in a joint venture. It means you bought their chip like you would buy an Nvidia graphics card for your computer. Can't suddenly say I have a private agreement with Nvidia now that I use their card in my computer. No such agreement has or will ever exist.
I'm all for great plays but the 10K is legal and there is no interpretation to a financial fact that the company has no cash, no cash flow, no revenue but has $5 million of conversions that are maturing and need to convert. That's why they slipped it in that almost 7 billion shares will be converted.
Lately the OTC world is becoming a more and more dishonest place. Some honest trading without manipulative front loading is necessary.
MAXD...10K released. Be aware to any who don't understand these statements they clearly will raise the AS because of the debt conversions they hold. Almost 7 billion shares need to be converted from $5 million of toxic notes.
What a piece of junk...$5 million of convertible notes that will mature this year. This is a pig and will always be a pig. This isn't going to a penny and it's definitively never making a dollar. Absolutely ridiculous statements. This is worth nothing.
No revenues. Nothing.
Brilliant analysis. In the world of the OTC where it is full of fake PRs and pump and dump schemes, you leach onto these gems that are legitimate companies with enough revenue that they reward the shareholders.
You're also right that the share structure is so thin this can easily run. For me this is an easy double in the next 2 months. A test of that $2 level would be nice.
Nice area to load here.
Rik wants to pay off over a million dollars of toxic debt conversions with what money? The company has none.
He has financed everything of NPHC by means of toxic notes in the past. Him claiming that the company was taken advantage of...he, Rik, made those toxic loan deals. He should take responsibility for his actions and poor decision making. He isn't going to be able to find new financiers that will give him a loan that isn't toxic again.
The noteholders know this and they can convert a greater amount and premium in the trips all the way down to .0001.
Noteholders are not friendly. The are toxic and are in the business of making money. Getting paid off the principle for what they paid is fiscally foolish. They will convert and dump for the highest rate on return.
Unfortunately for longs, when conversions begin, this will see trips before it ever see .01+ if it even can ever see the recent highs in the .006s.
A special dividend does not come out of the stock price like a normal dividend...
You really should talk to a brokerage company and they will explain how this works. The stock price will not tank .45+ cents at open. Instead of conjecturing, get the facts straight and directly from the licensed and FINRA backed brokerage companies.
Don't waste your time explaining. We are in good shape.
Everyone who has a brokerage account can confirm. TD Ameritrade just confirmed for me as well. So Schwab and TD will back me dollar for dollar on the dividend. I'll take written proof from a brokerage account over misinformed opinions any day.
The average retail trader doesn't understand how to hold a stock for more than a flip or a day. Trading dividends is more of an experienced trader type of play.
It's all good, just keep adding to your pile today and tomorrow.
The former will happen and much lower, the latter will not.
Not one person even read the 13d?
This is not good.
It's Schwab. Fidelity doesn't have a limit.
Schwab only allows buys of 1 to 999,999.
OWVI has been nonstop. 2000% already. Sold out here.
Keep it on your watchlist next week for a dip buy.
I respect that you posted your entrance and exit and admit you took a loss.
It's better to realize the situation and get back in later, than watch a 90%+ crushing of your investment.
No amount of arguing can deny that 4 billion shares will be sold into the market to fulfill the conversions and default notes. It's right there plain as day in the filings.
4 billion shares will not be converted and sold at .0018, this will see down below .001.
Emotional trading leads people to bargain and tell themselves it just won't go down, but when a trade goes wrong cut it loose. Live to trade another day.
That bid on 5s is only going to keep growing.
6 close is my estimate
Printing 5s
Anyone who is talking about a buyout doesn't know anything about pharma companies. NPHC has nothing worth buying out. There are hundreds of better companies out there with real products and actual trials underway.
NPHC has done nothing on the trials front. Zero. Nothing at all for years after getting orphan drug status. This isn't going anywhere. Not pennies and definitely never bought out. Bankrupt? Yes. Buyout? Never. Not ever going to happen.
You must not understand financials or filings.
An 8K is a material event. It is not filed for discussions or anything that hasn't been completed. What that means in layman's terms so that you can understand is that an acquisition has been completed. Finalizing is a trivial word and a pathetic attempt to draw ire in their release.
The company was acquired plain and simple.
This PR is completely useless without a FINRA approved filing.
They haven't filed anything to cancel those shares so it's all just a pump. The 10 days has passed for the filings for financials as well.
Proof is no filings and delinquent for 2 years.
No filings = no proof of any of these claims of "$10 million of revenue per year".
No filings of this so called deal with Vodafone India. Even better is that Vodafone India doesn't even know who Etelix even is.
More than likely the price of the stock will be in the .40-.45 range on the open of April 3rd.
All the selling after the dividend will bring this down quite a bit. Wouldn't at all be surprised to see .25 on April 3rd.
Most are in it for the free cash. We'll see if there is enough interest to hold the stock up on the 3rd otherwise it could get even worse into the teens.
I've been in enough dividend plays to know exactly how dividend dates and their price aftermath work out.
Nice volume finally. Been sitting here twiddling our thumbs in the 4s.
Very well spotted. Consolidating at a higher level and letting the technicals cool off and preventing a massive sell off.
Beautiful stair step pattern.
In reality, no one should care if it take a month to get to .005. Would you rather have .0015 and it crash to .0001 with momentum lost or a slow grind for a much larger gain.
Patience is the play here.
Sounds good. Bring on the financials and everyone will be rewarded.
It's all about transparency and truth now. If the company is legit, they put out the financials and it shuts the door on all the chitter chatter of it being a scam.
If they don't...well then it goes back to where it came from.