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Hertz needs to bring OJ Simpson back
Delisting hearing was on October 15th. Does anyone know what happened?
I hope the loans weren’t smoke and mirrors to take attention away from that. If it can stay on NYSE that news will help it soar again. If not very bad
Please let me know if you heard anything
I agree it doesn’t make sense. It only traded around 500 million lastine when it hit $6. Half of the volume. Something isn’t adding up. Also they had the hearing about delisting October 15th. Does anybody know what happened??? News can be great or horrible
Ok false alarm lol back to .0001
It was 40 millions shares not 40 million dollars. Only $40,000 at current price. That’s not a lot.
Very interesting is right now as I am typing this one of the market makers has it listed at .2501
Very very interesting. It is after hours and I didn’t check it today during trading but there is always 2 market makers for some reason even on Netflix sized real stocks on the bid and the ask. Vcps still has the ask at .0001 but also at .2501 and my Ameritrade is showing the close price as .2501
If this thing doesn’t fly next week it probably never will lol
That’s the shorts covering?
I agree with the dilution obviously and the MMS
But the MM for this stock is VFIN which is not who has been selling shares. I think some regular people here see a little volume finally and are selling looking to get their $300 back.
Who is absorbing the dilution IS the company. They drove the price,down to nothing to buy all the shares as cheap as possible. Through friends and family members etc....
At some point they will walk it back up and then promo.
Do a little research on who the players involved in this are. Trust me they didn’t do all this just to dump,shares at .0001
I am holding mine for a good while still. If you all held it would be up already
ZzzZZZZ
????????
YES,! That is him alright
Yeah there’s another notorious securities lawyer in California also involved. I can’t even remember his name. He was arrested last year. There was good opportunity to make money with their other scams. I’m not a stock expert and really just play with penny stocks when I’m bored. I more long term invest in real stocks like Netflix, apple etc. But what I usually do with the penny Stocks is like you did. I check what convertible notes are out and when they come due. They usually do a promo to dump the shares when they are due. So I buy and wait 6 months to a year. It’s worked out well in the past just a lot of reading through filings. Like you said though in this case the amount of shares nowhere near matches the amount of shares issued as convertible notes. Keep in mind the authorized shares means nothing. They just can’t sell those. They need to be free trading shares “outstanding” and one way to free them up is to give them away as convertible debt. When I first bought this stock there was only 13 million shares. Then 60 million then a billion?....
And once again these guys have made 100’s of millions on these scales in the past and are all on SEC radar. To do it again for the dollar amount involved here isn’t worth it for them. I don’t know if we are allowed to post here how many shares we own but I own a lot lot lot. Soooooo I hope my theory is correct lol
Time will tell. Also why is it no bid? It’s been trading
That's what I was saying. It's not a real company. They just hand out shares like candy for services like, website, app development, (which doesn't exist), plumber, painters, carpeting, office furniture you name it. I'm still confused as to where all these shares came from because the notes are 6 months until they are convertible. They didn't issue a billion shares of convertible notes 6 months ago. Anyway yes I agree. Once again a billion shares dumped at .0001 is only $100,000
Granted it was .0002 so let's just say $200,000. Everybody is hung up on the amount of shares out and the amount of shares trading for the day. Nobody takes time to figure the dollar amount. Just one name to Google is Scott Lawler. He's one of them involved here. Trust me him and others didn't do all this to split $200,000
They have been involved in many many tickets in the past pumped by awesome/elite group. Once they control most of the shares it will be slowly walked back up to .01 then pumped
I am in no way an “expert” all though I have done well in the past. Very strange happening here I know. That much dilution in a short time. BUT they are not done yet. There probably will be a reverse split and then a promo. My reasoning is very simple. First google the people who are involved in this stock. Then figure 1 billion shares at even .0002 I’m half asleep but that would be $200;000 that is nothing to these people. Plus they had to pay the pumpers on here and other boards those days it was pumped. Plus they have to pay for all the filings and fake accounting. These guys do this for millions and millions each time not hundreds of thousands. I could be wrong and it will fade off into the sunset but I doubt it. It will be pumped into the .01-.03 range when they control most of the shares which it now looks like they finished purchasing at .0001
Now file for reverse split. Then pump'
Thanks three day trader. I don't know where all the shares came from though. They didn't have these many in convertible debt out
Does anybody have a clue at this point what the outstanding shares are?? Not the authorized shares. The actual free trading shares that are out as of now.????
Where did all these hundreds of millions of shares come from the past couple of weeks?
I have read all filings and there was NOWHERE near all these shares as convertible debt.
Any info will be greatly appreciated
Thanks
What happened?? They launched a new app????
Really???? The float isn't 209 million. It's fun to watch you guys though
There was no dilution. It's the same amount of shares out. No new shares. Everybody is just selling because it is crap and most people including me were waiting for a promo. I mean why dump all these shares for a fraction of a cent instead of dumping them during a promo for .05 or .10???? Makes no sense but that's what they did
It's all over!!!!
The dream is dead
Sigh
Thanks trader993 we had discussed this I think before.
Unless I missed something this is not an immediate problem. They have more shares but they aren't free trading. None of the new 4 billion shares can currently be traded. They still have to issue them for imaginary "services rendered" as convertible debt. Then wait 6 moths to concert them to dump on the market.
Please someone correct me if I'm wrong but at least for 6 months this isn't a problem
AS increase? Where is that info from
Float is around 60-80 million
Where do you see the shares increased to 5 billion?!
Biggest volume day ever but still can't make it back to .01
.05 IS coming but it won't be overnight
Patience grasshoppers
You keep,talking about s8 and those 20 million shares. What about the other 40 million shares from the convertible debt??
April 20th and April 28th that were freed up?
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11785939
Oh I just seen on the ask. How would I be on the ask with 10 different MM??? When my average is .007 even
Nope didn't buy today. Tomorrow will probably get more
Going to .05 next week
Ok sure no problem
Trader993 and anyone else I have done the most research out of anyone.
The otc website is never accurate where you are looking at the shares outstanding under company profile.
If you read through ALL of the filings you will find more shares issued as convertible debt that were able to be freed up into free trading shares on April 20th and April 28th.
Magically around the same time they started selling into the bids and it has gotten a little volume!!!
Please read all the filings
Float I see 80 million not 40 or less!!!!! Besides s8 there was convertible debt that was freed up on April 29th and 28th. Please do research carefully.
Probably the market makers covering all the shares they shorted us at .01-.02 lol
Promo ticker was a German one
Email was for a German ticker today. I have been grabbing shares lately but the past few days and definitely today wasn't me. Insiders wn all the shares so they aren't buying. Probably people,who will do promo are buying.
I got an email from elite/finest saying new pick coming Tuesday.
Who knows what it will be. If it is this or not I'm sure it will be halted very fast
Even if a promo does happen in order to sell the 86 million shares lol we would be lucky if the price hit .02 with that huge float
The float is now 86 million shares!!!!!!!!! Lol it was hopeful for a promo at 16 mil but 86 million ehhhh no
It won't go high at all
Guys let it go already. The promo idea was abandoned. Not to mention the people who were supposedly going to do it just got their last 3 promos halted!!! The SEC is wise to it. The last thing they are going to do now is pump another one lol
Plus nobody would buy it anyway even if they did for fear it would get halted and you lose all of your money. Which it probably would get halted as soon as SEC got word of their email got sent out lol
I know it sucks and I was super excited for this one too but move on. You could have done great with GRMX and ZENO slow and steady over the last month.
Look around
I agree but pay less than .01 don't pop it over .01