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Close - https://www.otcmarkets.com/stock/IGEN/security
IGEN $$$
Spare us with the infinity crap, and we have watched the video that's been posted ad nauseam
DBOOMM $$$
Clay Trader is a big-time shorter by his own admission as everyone knows. Naked shorts are a different breed, very hard to prove them and what rules they skirt
DBOOMM $$$
Clay Trader is a big time shorter as everyone knows, and may have personal reasons to cast doubt on the premise of naked shorting, which we know exists
DBOOMM $$$
There's no reason to be impatient with DBMM. This will likely play through all of 2023 and maybe beyond
DBOOMM $$$
A little surprised they're late on this recent quarterly after 3 tries to finally get current with the amended attorney letters... but whatever lol. Happy Friday everyone :)
12/31/22 was not filed by yesterday, we have the information to file and will get this done hopefully by Monday and filed before opening Tuesday to get back to current, also CEO should be announced anytime waiting on clearance. $NXMR
— Nextmart Inc. (NXMR) (Pink Current) (@CorporationNxmr) February 17, 2023
Looks like it's Yield Sign again from being late on their last quarterly filing
https://www.otcmarkets.com/stock/NXMR/security
NXMR $$$
Just placed a buy order on Etrade, no problem
NXMR $$$
No t-trades on the news today and not many 5-digit prints. Looks like mostly, if not all retail trading
https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades
IGEN $$$
IGEN Networks Corp and Prolog Execute LOI for Merger
McapMediaWire -- IGEN Networks Corporation (OTC: IGEN ) (CSE: IGN ), a leading innovator of Internet of Things (IoT) solutions for the consumer automotive, asset management, and supply-chain industries, today announces the successful completion of a Letter-of-Intent (LOI) for the purchase of 51% of Prolog privately held shares on January 13, 2023. The purchase in the form of IGEN common shares will be approximately $900K to $1.1M USD paid through multiple tranches based on achieving minimum revenue thresholds that will range from $1.8M to $3.5M USD over the first 12 months from closing of the definitive agreement. Revenue contributions from Prolog will be fully recognized (100%) along with 51% of net income by IGEN upon completion of the proposed merger.
Neil G. Chan, CEO of IGEN stated, "This proposed merger creates a unique combination of knowledge and technologies for the supply-chain industry globally. Along with our consultancy practice, IGEN will offer comprehensive end-to-end logistic solutions that include facilities and warehouse management, GPS telemetry and inventory tracking, fleet asset management and maintenance through-out the supply-chain of commercial and government organizations."
Juan Ignacio Avila, CEO of Prolog stated, "We are excited with the opportunities of this proposed merger with IGEN. Prolog has proven its leadership in providing comprehensive logistics, supply-chain, maintenance, and management solutions to some of the largest and most complex organizations in Mexico, Spain, and Central America. Through IGEN channels in the US, we can now apply our 25 years of technology expertise and experiences to the US markets along with participating in the growth of our businesses together."
The Letter-of-Intent (LOI) is a non-binding agreement and will establish the basic terms for the definitive agreement between IGEN Networks Corp and Prolog. This transaction will be arm's length as additional terms may be added, and existing terms may be changed or deleted. Definitive terms will include a PCAOB qualified financial audit.
About IGEN Networks Corporation
IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their drivers. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net
About Prolog
Prolog is a technology development and logistics consulting company with over 25 years of experience in the development of supply-chain, logistics, telematics, and asset management solutions. Prolog operates in Mexico, Spain, and Central America with more than 1200 clients, 80 distribution centers, and 250,000 vehicles utilizing its asset management platforms. For more information, please visit: www.prolog.com.mx
https://www.investorsobserver.com/news/qm-pr/8273418013654747
IGEN $$$
Good to see that Pink Current
https://www.otcmarkets.com/stock/NXMR/security
NXMR $$$
Seems that way. Very thin and moves easy on low volume
IGEN $$$
Absolutely great call. Sorry for any confusion earlier. I assumed that last minute email I received was about rescheduling it
REII $$$
Thank you. Great post!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171217630
REII $$$
Yes and $3 per share is already within reach
REII $$$
"it's very likely they won't need an RS" is what they said
REII $$$
Thank you. Listening now
REII $$$
Good to know. From that email I got, I figured it was being rescheduled
REII $$$
Looks like the cc is not happening today, being rescheduled. Just got this email:
Please disregard the previous email regarding REII. The call has been rescheduled. We apologize for any inconvenience.
Here is information regarding conference call info on REII.
Kevin Holmes
Chesapeake Group
410-825-3930 ext. 127
www.chesapeakegp.com
REII $$$
Not necessarily but I think it's good news. Bigger news of contracts would move it a lot more. The entire OTC market has been going through a crazy slow volume period for about 2 years that hasn't helped with sp for most tickers
REII $$$
Thank you. At 11:15 Clay Trader says naked short selling is still short selling and thus still requires the $2.50 rule. Not a surprise that Clay doesn't go further on exceptions or things that don't add up like when Gamestop had a short interest position of 141%, which should not be possible
Clearly there are deviants, exceptions, and ways around the rules. When money's involved anything can happen
DBOOMM $$$
Renewable Innovations Inc., Expands its Global Reach with New European Joint Venture Targeting Significant Revenue Opportunities
Lindon, Utah, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Renewable Innovations (RI) (OTC: REII), a leader in the zero-carbon, green solutions-alternative fuel industry, today announced the next step in its strategic expansion by aligning its new European operation with Dr. Cristiano Uva. Dr. Uva will be providing strong leadership, key relationships and financial support.
After collaborating at length with RI, Dr. Uva has now been entrusted with aiding in the Company’s European expansion. He brings 25 years of diverse legal, financial, and entrepreneurial experience to the business. An attorney by training, he has worked as an antitrust lawyer in the Brussels office of US law firm Coudert Brothers, as well as an in-house regulatory specialist with Goldman Sachs in London and AXA Investment Managers in Paris. Dr. Uva also has nearly 20 years of entrepreneurial experience as CEO of Italian companies Oltremare and Caleido Group.
Dr. Uva holds a Summa Cum Laude degree in Law from the University “Federico II” of Naples (Italy), an LL.M. from the College of Europe of Bruges (Belgium), and a Ph.D. in Law from the University of Catania (Italy), as well as various international pre- and post-doctoral academic experiences. In addition to his native Italian language, he’s bilingual in English, French, and Spanish.
“Europe is paving the way to address a green sustainable future and is adopting technologies like ours far faster than the United States. From our new European office, we’ll be able to address our customers’ needs with a regional expert. We are excited to roll-out our hydrogen fuel systems and applications throughout Europe. With such vast potential in Europe and relationships already underway, we expect this office to be a key contributor to our growth,” noted Robert Mount, CEO and Co-founder, Renewable Innovations.
“I am delighted and honored to be part of the ambitious expansion plans of Renewable Innovations, a company whose cutting-edge technology is greatly needed in the very promising and competitive European arena for alternative energy solutions,” added Dr. Uva, Renewable Innovations, Europe. Our near-future plans for the region include the roll-out of a sizeable proprietary network of grid-independent, hydrogen-powered EV fast charging stations, as well as the supply of our entire portfolio of hydrogen-based applications to major European incumbents.”
About Renewable Innovations
Renewable Innovations is accelerating the growth and opportunities within the renewable economy. Their team of industry leaders brings extensive experience and invaluable connections across the Renewable, Hydrogen, and Alternative Energy sectors. Along with their partners, investors, and clients, they are making major technological advancements with products and solutions to lead the world into a new and exciting carbon-free future. Learn more at Renewable-Innovations.com. Brokers and Analysts Chesapeake Group 410-825-3930 info@chesapeakegp.com Lynn Barney Chief Financial Officer investor@renewable-innovations.com
https://www.otcmarkets.com/stock/REII/news/Renewable-Innovations-Inc-Expands-its-Global-Reach-with-New-European-Joint-Venture-Targeting-Significant-Revenue-Opportu?id=389870
REII $$$
Give me the exact time he mentions it, and I'll zoom straight to it. tia
Clay Trader spends 12 minutes explaining the $2.50 rule. I can do that in 12 seconds! (see below)
What EXACTLY does he say about illegal naked short positions? Please quote him. I didn't hear anything, so it must have been a very brief blurb when I started skimming his seriously long-winded explanation of the $2.50 rule
12 seconds, go: A trader needs $2.50 in collateral per share the trader wants to short legally for stocks less than $5, $2.50, etc. depending on your broker. The legal version is cost prohibitive esp for sub-penny stocks
Now, what exactly does Clay say about illegal naked short positions, examples of them and/or evidence there might be a large naked short position in a stock like DBMM?
DBOOMM $$$
Clay Trader's video has nothing to do with naked shorting, which is what is in question with DBMM. Clay's video is about normal, legal, reported short positions, a totally different animal
What are you talking about? I pointed that out several times and kept getting more questions
Here's an example of what I said (which received replies prompting more replies):
Of course. I'm sensing that 10am trade was partly the one you mentioned :)
DBOOMM $$$
It doesn't always work that way. Plenty of orders fill entirely or partially mixed in with other orders on L2 and the trade tape. As long as there is a fill larger than the mentioned amount ($25 buy), then it's entirely possible
Look at the 100k trade at 10am, which is most likely that order and another: https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
DBOOMM $$$
There are probably some orders beneath the minimum size (10K) to show on L2 for both asks and bids, and those can fill anywhere in the spread
https://www.finra.org/rules-guidance/rulebooks/finra-rules/6433
DBOOMM $$$
That would also have been a dumb price call if the prediction was made short term. Long term, I could see this reaching ten cents but would probably take a while
A video explaining the $2.50 rule for taking legal short positions is very different than a video examining cases of naked shorting and potential signs of naked shorting
Wouldn't you agree?
DBOOMM $$$
Does Clay Trader discuss NAKED SHORTING? No, he doesn't. Gee what a surprise
Naked shorting is what's in question with DBMM, not regular short positions
DBOOMM $$$
Clay Trader's videos and discussion about them are on topic, right?
In addition, whether they discuss naked short positions or just regular short positions?
DBOOMM $$$
Sorry no. Please just quote Clay Trader's position in the video on naked shorting? 14 minutes is 14 minutes, so that's a lot to ask if the info is bogus
Can you not do it? Quote Clay Trader's position on naked shorting?
DBOOMM $$$
So please save us the 14 minutes of video, and just quote Clay Traders' answer to naked shorting
Thanks in advance
DBOOMM $$$
You've got Clay Trader promoting shorting stocks the legal way, right?
What about the illegal way? Has Clay Trader made an effort to stop or expose naked shorting?
DBOOMM $$$
Naked shorts are 100% nervous for good reason. That has been obvious for a long time
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Clay's "facts" are on regular short positions, not naked
Naked short positions are 100% illegal. Agree or disagree with that?
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Of course not. Clay Trader is a big time shorter; he admits it in his blog posts. Do you need a link for that? I can provide the link if you need proof Clay loves shorting stocks and believes it should be something in every trader's arsenal
Naked shorts are not the same as regular short positions, just in case anybody isn't clear on that. Naked shorts are a different bread and 100% illegal
DBOOMM $$$