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I bought some at the bell this morning. Although I don't 100% trust this company and have been right all along about their shady behavior and toxic debt, the Roku news was a turning point for me. I love roku and see the value in a working app on their service to bypass cable. I don't know how long I am in for but I have a few million at least for now. Good luck everyone. I know this is probably a shock for some of you ??
If the CEO is so responsive and has the investors best interest at heart, someone tell him to ungag the TA so everyone knows what they actually own.
Where is this media blitz we heard about? Another lie? Or were the tweets it?
This means an app on the firestick. Let's not crazy here. Amazon has nothing to do with that. Anyone can get an app on both of those platforms. Stop trying to mislead people with untrue pumps. It's like saying apple is in business with my company because we put an app on iOS App Store....
There is zero catalyst for buying over the next couple weeks. This will continue to down trend into teens or lower. Hopefully Johnny continues to try to appease the shareholders and pump on twitter and PR's for your sake.
Zero buying interest as I said. Slow volume Friday. This will walk lower. Dumping on the bid continues. Sub 20's coming as predicted.
Ok something is up. NITE now has over a million share bid at .0475 ($50k) and moved their ask to .07. News coming?
Screen shot of L2 here:
http://ibb.co/fhs10Q
NITE just backed off to .07... is it time to let her run?
So many shares on the ask. If conversion and dumping is over and the sellers sold yesterday afternoon, where are all these shares coming from. They are not retail. The insider dumping and toxic conversions continue.
Sub 20's today on a low volume Friday?
90% of reviews or more are stockholders here at iHub. Twitter followers were clearly bought. No need to prop this PPS with fake news.
So they say the reduced debt but didn't explain how and also were vague about future conversions. The market showed they are losing confidence. Even a PR couldn't sustain gains. It just gave some people a chance to get out. This thing is dead IMO.
Everyone has an opinion, most of the time they are wrong. All the DD here points to this being the real deal. No DD points to a scam.
Anybody see news yet as promised?
Gee no news yet? Shocker.
Yea a tweet, I saw it. Not impressed. Action not tweets is what is important and this company has spoke louder than words that it is a classic P and D.
Yeah Johnny probably paid off all his personal debt, cars, house, vacation house etc with shareholder dollars. Either that or he made a smart business decision to convert cash debts to shares like he did before at a 99% discount. Can't wait to see what kind of news he has LOL. TIMBER!
Dumb money always holds the bag. Buying this with so many unknowns, having a known penny scammer involved, a gagged TA, an ever growing A/S, toxic debt holders, fake twitter followers, zero revenue on last 10q with a statement saying the company won't likely continue to survive, and a CEO that pump tweets "relax" = dumb money. GLTA $OTTV
Wow a $600 buy. Major stuff! There will be plenty more 2's printed and more shares available at every level as the company continues to manufacture and sell shares as a primary business model.
Hahahaha, I literally laughed out loud at that one. There is ZERO chance that this company ever becomes fiscally stable let alone buying out BILLION dollar companies.
I might be Sasquatch, you never know!
The market is learning this is a pump and dump and that we are at the end cycle of it, makes people not want in. Dilution and toxic death spiral notes added in equal lower lows. This was all predicted by many of us here. Those that listened should be happy with their profits they made on the pump side. Those that didn't are now bagholders. Notice the silence from the company and the gagged TA. Stay away from this one if you are on the fence.
There is no bottom when you can just print new shares. Just need to find enough buyers to dump the warm worthless pieces of paper on.
Can't believe people are still buying this when so much is known about this company and their share selling scams. The dumping is real. Why hold the bag here? This will see trips again.
As soon as they have the new shares all printed they will put out some PR's so this can go back into trips and die there.
Looks like dumpfest coming here. So many shares at all levels for sale. Smart money getting out.
Gonna be tough to fill that gap, they pulled out all the stops there and it just didn't work. Too much buying pressure
There is no such thing as a gap from close. Definition of a gap is an open higher than the previous day's highest trading range. This will not gap up and again it will like open down from previous close as the MM's start showing retail orders.
OTTV traded higher on Friday (in mid 3's) there will be no gap, lookup the definition. If anything this will continue you the down trend and will open lower. Smart money is running as far away from this as possible. Don't get left holding the bag.
My guess is that every one of the paid memberships are iHub investors trying out the service and or trying to get the numbers up so they can flip their shares. Most of the reviews are likely iHub members as well. There is no getting around the fact that the company has put insiders and friends ahead of common shareholders. There are some winners here but so many more bagholders. The question is how heavy do you want the bag to be now? The toxic debt and conversions will continue to bury this ticker.
You should wait a few weeks when this is trading in on trips and it will be an even better "bargain". This is the same she's selling scam that this company ran recently. Only difference is they have a product available. All IMO. And fwiw I called all of what happened so far.
That's great but when you do the math at the current share price, it is no longer $127,000, it is now over $5,000,000. What does that mean? Well it means they shelled out shares to friends at an ultra premium so they could reach directly into the shareholders pockets and legally steal from you. They are making millionaires here, but it isn't the common shareholders they are doing it for.
Classic pump and dump scam IMO.
Hahahahaha that is really funny, they have 128 premium subscribers in about a month but yeah 3 million will sign on in the next couple weeks. Yeah sure, that's how this works...
At ~5 subscriptions a day as we have seen this month, it should only take around 273yrs to get to your valuation. Well maybe longer if any subscribers drop their service, or if the company decides to further dilute their share structure...
Wooohoooo let the insider and toxic conversion dumpfest begin!!!!!!
Wow, you must have taken my advice and gotten out last week. Your comments were very much positive against the idea of dilution happening. How the "tides" have turned...
Well they sold 60% of the shares you know about for that amount. Chances are the share structure is much much larger than they reported as they likely printed more shares from May 1 - today. And yes that is a toxic death spiral for a company and a sure fire sign that bagholders will be made everyday until 0005 or lower.
Has anyone here actually read the 10-q or is everyone just excited to see this go current (which also opens the floodgates for dumpfest)?
Check out the subsequent event section of the 10-Q it's my favorite part.
Subsequent to April 30, 2017, the Company issued a total of 2,120,000,000 shares of restricted common stock to several individuals for cash proceeds of $127,500.
***That's a cost basis of .00006 (yes 4 zeros) cents a share.***
• Subsequent to April 30, 2017, the Company amended its Articles of Incorporation to increase the authorized common stock to 4.9 billion shares. This action was undertaken by a majority vote of shareholders.
***guess what that means, they did it without notifying you because your votes mean nothing and they will continue to do print shares at will***
No doubt in my mind that that a reverse split is coming and we see trips again.
Too much buying pressure for a successful shake here! power hour should be interesting today. .075 close?
Clear cut manipulation right now. Trying real hard to fill that gap.
Last big shake before the boom?
7/17/17 adds up to a whole lot of 8's anyway you look at it. They are very into 8's at JB and ZJMY (Chinese culture in general). They have done it before and I believe they will do it again on Monday. What better time than premarket on a Monday morning of a full week of trading? Friday news tends to lose steam over The weekend IMO.