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Wow, $ADYNF up 76%. You are just full of surprises!
Thanks @buffet_investments for reminding us of the reason we longs are invested in $DTII.
Me holding bag on $ACOL long dime waiting to go back up over .02!
Agree, trust but verify at this point.
Red to green baby, come on! Go $AMLH!!
IMO a r/s only benefits shareholders if the top line is growing AND the company can sustain itself without going back to the trough (I.e., market) to supplement their cash flow.
@Pennywiserr Agree 190% its wiserr to follow the golden rule when investing in da pinkies. When you first see an OTC stock you really want to buy, best to stop, wait and watch before jumping. Then wait some more....
This news is awesome! Not only did the $NEWC Sannabis product cure this patient's recurrence if prostate cancer, it eliminated evidence of spreading to the lungs AND it even cured his long-standing case of hemeroids. Incredible and amazing results.
Chart looks really good! Go $EFLN. Let's prove all the critics wrong!!
Half way back to penny land! Go $AMLH
I don't usually post but I think I know the likely reason they converted to a fixed conversion price. I'm not an auditor but I have worked with auditors on this particular issue. I believe that a variable conversion price requires them to record a derivative liability on the balance sheet, but not if the conversion price is fixed.
Not selling. You hear that shorty!
?? ?? too funny!!
Wow! So happy I stayed in this one. Go $INMG!!!
OTC is cracking down on serial r/s-ers they have denied in some situations.
Before AMLH there was Virgin Gaming. Anyone know what happened to them?
This has been a white knuckle ride for sure. Hoping for some long-term gains to go into the kids college fund!
@shotsky is right on! Well done and good analysis, sir.
I was able to buy with Fidelity early on in the 3,s. No problem, and that was when it was in the 3's.
The accountant resigned. There is a difference between a company's change out of accountants and a resignation from the accountant.
I am a CPA and imo it's rare to see an auditor walk away just ahead of completing a 10-k unless there were serious unresolved disagreements or they have not been paid.
They have actually completed two commercial production tests in China according to my DD. It's been proven to work, and work well!
Also, don't get angry at murderers just because they murder; it's just what they are inclined to do. LoL
Excuse me but does it really matter if Campo replies to your emails? He has already proven himself to be an unreliable source, deceptively so.
I must have a guardian angel. Almost sold half my holdings in Friday but couldn't get my price so I cancelled and decided to let it ride.... lucky me????
Nice bounce today. Does anyone know what's happening with this stock at the moment?
I have been watching some people's posts either pumping or bashing $EFLN. I want to point out one thing and it seems that even on the OTC where almost anything goes, there still must be a line drawn at some point between what is merely speculation and what is outright fraud. My opinion is that if the management of $EFLN is presenting financials with a $500MM valuation of the mining assets, then that estimate would need to be somewhere in the ballpark to the actual value. If not, then that would in my opinion be very misleading, even bordering on fraudulent.
The question then becomes what then does the valuation represent? There doesn't appear to be too much information regarding the process used to determine the value of this property. Is the $500MM considered the value of the precious metals locked up in the mines without consideration of the cost to mine them? Let's say this is the case, then we can estimate that the cost of mining is say 10% of the value ($50MM). Of course this is all very speculative, but you get the concept. The net value would be $450MM and the $50MM would certainly result in some dilution because the company has very little in the way if liquidity. They would need to issue new shares to their JV partner for handling the extraction process.
What net valuation would still be considered reasonable- $450MM, $300MM, $250MM? In my mind this is the question we should be asking and pushing to get answers for. The mining asset is the largest, most significant number on the $EFLN balance sheet.
Thanks for listening.
GLTA
Took my loss on $MCIG and won't be back. Too many blind curves on this one!
This stock is bouncing up and down like a rubber ball on steroids!
Wish I had the bandwidth to buy more at this level
I ask you how do you do DD for something unexpected like that happening?
At least she was green. Better than A LOT of others today.
$Kush is reporting tomorrow pre-market. May have a positive effect on $Acol.
Hoping for a nice report tomorrow!
$KUSH was down 15pct in post market Friday. Anyone know anything?
Some whale dumped 37 million shares at the end of the day at .0022 then ops went right back up! What was that!!
What's that Popping sound I hear?
Just jumped in with a buy @ .36. Been watching it for awhile and can believe I was able to buy this cheap. Big support level at this point it appears.