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This is a fake report.
No Xeeda news so far this year. I came across this. Seems more portable and available for sale now.
Just FYI
https://coolwallet.io/
https://www.amazon.com/CoolWallet-S-Wireless-Bitcoin-Wallet/dp/B07CN8JZGM
These could have been the additional $2.5 Mil shares set aside in case Fenix was sold and/or the options ?.
Matt and Kevin are long time best fiends. Both went to BYU.
Yep and dipped down into the ones for the 2nd time.
the higher the volume, the lower the PPS
bid will be in the 1's soon
Where do you see a 10 Q?
Unless I'm mistaken, we are literally near the bottom. I don't believe there is anything below .0001
If they were to do something as simple as bringing the entity out of default, I believe it would take it higher than that. It would be a great signal that they are serious.
you 300 million shares? damn...
First time I remember seeing the bid at 2
Nice ! Hope that brings the bid/ask back up to 4 and 5. It would be great if that's the bottom.
Well at least it can't drop much further. First dip below 3. Still looks like dumping at any price to me.
What's your average ?
I can see them waiting for the behind the scenes stuff to finish but bringing the entity out of default would, I believe, bring a good boost to PPS. Especially when the fees to do it are only a little more than $3,000.
Look what happened when they filed a kind of generic 8K. (My apologies to those that believe it was a big deal)
Bringing QSIM out of default and designating a new RA would be a far bigger signal and IMO, bring interest and PPS run.
If they are issuing all of these new shares to investors or to settle debt, a PPS boost would only benefit all involved; Including us. Kevin and Matt are smart guys. There must be a logical reason for them not to do this.
I have a theory for an alternate reason why they may be executing the current strategy. I hope it's not true.
Dilute to 5 Billion while keeping the PPS low leading to a giant reverse spit. Dilution in a Penney Stock environment doesn't really hurt until this happens. It would instantly destroy the share value of current investors. Effectively making a stock buy back relatively cheap.
I've thought this may be the reason they did the OS update on OTC and only the OS. So they wouldn't get in trouble because they "notified" current shareholders of the increase. If we see another OS update showing substantial new shares with a relatively low float, IMO, it would be a big signal that this may be their game.
They need to compensate the new board member (Matt) somehow. Why not issue him a couple of billion shares?
My 2 cents. I welcome any and all constructive thoughts and/or theories.
And as always, good luck to all.
If you believe the OS was 200M when you bought, your shares have been diluted by at least 80%.
As for Kevin doing the same damage to himself, dilution of common shares do not effect preferred shares depending on the structure. In other words, he and the other note holders may not be affected by this at all.
You're not alone my friend. That is proven out by all of these shares being bought.
Printing shares non-stop is what seems to be going on behind the scenes unfortunately ...
PPS is not dropping like a rock but massive dilution is the only thing that can explain this much volume and PPS staying at these historically low levels IMO.
First 8K in two years was issued a month ago and still they haven't brought the entity out of default with NV SOS. Fee's to do so are only around $3,000 so easy to do with all the money they're bringing in from apparent additional stock sales. They could even get current with the FEC. How much could it cost to audit financials of a dormant company?
The CEO and the new board member, Matt, have products they could bring public through QSIM. I simply don't understand why they would waste this vehicle that could make it a reality.
That being said, all of these shares are being bought by someone. IMO, regardless of how cheap a stock is, it won't be bought if there is no possible upside. It's just harder and harder to see one as we go further down this path.
Crazy volume for the VWAP to sit at 4...
With this news, seems like VIVK would be your target.
VIVK is the one with the mineral lease and it says they are using "Patent Pending Technology" which says to me that it is not the QSIM patents at work.
I'm open minded however. How does it benefit QSIM? People are buying it big time right now. I hope it gets the PPS up.
Nice find on the news release... Thanks as always Sham.
Still selling (buying) out of the gate but also still at the lowest price. I hope I'm wrong but seems like dumping stock at any price to raise money.
News will help it turn around but until then, this is it I guess.
Printing shares to raise money? That's what it looks like to me is possibly going on here.
Scarcity raises prices. It seems impossible for demand to outpace the seemingly endless supply of shares no matter what the volume.
Worth consideration and watching IMO.
When good things do get announced, what will the SS be??
No one is pumping this Roberts. No one is giving any false information.
What's you point? You're coming off as obnoxious for no purpose.
Definite record for 4's today.
Thanks
What does type "avg." on trade number 4 mean? Thanks for taking the time to answer
Looks like 5 is the magic number for now.
I wish I knew what it was. these shares are wanted but by someone. I'm still amazed the PPS didn't go anywhere with all of the volume and most of it buying.
scratching my head for sure.
This much volume on the buy side and PPS not budging.
Supply outstripping demand.
8K two weeks ago and no update to Corp on NV SOS. Still in default with no changes to anything. Not even getting a new Registered Agent.
Even an update with the SOS would send this much higher IMO. I hope they do it soon.
How many do you want at 4? 200 million? 500 million? They seem to be willing to issue you as many as you want.
I'm still at even money at this point so as long as there's a few buyers I'm OK. I'll continue to hold. There still may be something here. I don't know.
This has been going on for a few weeks now. No batter what the volume, the PPS hasn't moved hardly at all except once. Anyone have any ideas as to why?
I bought at 5 and 6 so feels like home lol
1.2 BILLION shares traded since March 1st. Believe what you want but I don't see Shares in Issue below 700 million. I think it's higher. Every share of the company is not in play; unlikely more than half.
Just my read. If I'm wrong then I'm wrong. If I'm right, a lot of dilution.
5 Billion Shares authorized per NV Sec of State. I don't see why further announcement/disclosure would be required to issue them all but I'm always open to more education.
Again with the name calling without addressing any substance. You're smarter than that.
My reply to the man covered both positive and negative possibilities along with the fact I was purely guessing.
Good question. Almost 200 million out of nowhere on Feb 13th. Then really took off in in volume on March 5th, 2 days before the 8K was filed and of course after the 8K.
Matt was brought on the board March 1st to restructure remaining debt among other things. One of the ways to do that is to issue stock. i'm just guessing.
Could also have been someone in the know that was loading ahead of an event.
i think everyone needs to read the tea leaves for themselves.
Thanks again.
I bought at 5 and 6 so I'll sit on my shares for a bit. It hasn't really gone below 4 even on a bad day.
Well that takes care of my assumption about Xeeda for the short term.
QSIM has been inactive for a while. The out of the blue adding of Matt to the board says something is up. I guess I'll watch and see.
Thanks for the information.
Thanks for the info
Thank you and me too my friend.
you are correct
As with my first investment with QSIM, I can afford to lose this one as well. No one should gamble with money they can't afford to lose. I don't trade OTC Pink other than this because of so much misinformation.
If Kevin brings Xeeda public through QSIM, the upside is worth the risk.
I also believe if you deal honestly and address the warts/objections head on and still show how there is promise, it instills confidence in investors.