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Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee's sons Donald Jr. and Eric.
Didn't see dump that comes from 200 mil normal conversion( the OC kind). Looks like forced conversion for note clean ups
When fins show up we'll get idea of what halving has done as this is equivalent to 32K pre halving.
Let's hope Bit Coin lives up to or exceeds projections
If Bitcoin stays in the $hitter then the R/S will have to happen just to provide for his salary in hopes of turning the cash flow positive
That's my point he has bigger fish to fry and common shareholder concerns aren't it. It's in Bitcoins hands and not even Logan's
This was a worthless shell with lotto playing triple penny stock holders when he took over
This was and still is a junk stock(f'cking huge gamble)
Taken from last 10 Q
Issued in last year and a half
1,045,000 C & D preferred for asset purchase.A
2.3+ Mil in promissory notes (converts).
all since 3/23 that's where his paycheck is coming from
I'm sure my math is off a bit but that's a lot of money first inline before Common
No dilution yet
Then Logan has to turn a shell into a mining company. Deal with OTC, SEC lawyers Bit coin sales website, PR'S
And then there's the accounting and at that point I'd say if it was me for the Common Existing Shareholders to go screw themselves If they didn't like where it is now
I'd be more worried about where I was going to find 3+ million dollars and not dilute to $hit. which is probably going to happen if BC doesn't start
People who own shares right now own shares BEFORE Logan took over shell.
Do you think with people that CGAC owes right now that the Common Existing Shareholders are a priority concern
So yes I'll defend Logan at this point and Yes I'd like to be more informed.
Am I going to sell if it takes a run, could be but not till bitcoin shows its value
This is a lotto ticket that doesn't lose till you sell it
JMO and GLTY
I believe you might be right gambler. One thing for sure silence breeds speculation
I agree. There has been many mistakes and I bought on way up to slap to keep momentum. Got burned. The my way or guest has sucked. I’m not buying more for that reason. But at same time I put my money into a lotto play. Keeping my fingers crossed that he has some character. As I said before I hope he’s learning how to be a “good” CEO
That’s how I look at it
GL
It’s still a stock that’s considered high risk. We get what we pay for. We had to trust or not buy or just sell. That’s it in its simple form. I don’t like it but if it’s his learning curve to be CEO of public company then what other choice is there
Anybody complaining of where this stock is at only has no communication (which leads to speculation) to bitch at and that includes Me!!!. As bitcoin is not exactly going as planned!!!.
Right now this stock Rides and Dies on Bit Coin!!!!
Well at least if Logan read these messages he can sort out where SH's stand
Time will tell, This stock was garbage in before Logan took over and the his can has not been emptied yet
6 Months ago he wouldn't of even responded
You have to at least give Logan credit
He communicated!!!
That's the primary request we asked him for
What a $hit show here. Nobody likes to lose money.
Logan took over a EMPTY shell. Started a bit coin mining company, got shell status removed, bit coin isn't performing as expected, No dilution. OTC is a cess pool and we jumped in out of pure greed. How does he owe us anything!!!!! We were already here owning a existing trash stock and if you bought after it's still stock that was existing before he took over.
I'm not defending is business plan but I'm not condemning it. I have criticized his , salary with lack of communication, speculated on why he's silent ( relationships under scrutiny ) but then that goes to the silence of not knowing.
Bottom line we bought this Fairy Tale stock when it was a toad. and right now it's still a toad, We just haven't learned were to KISS yet.
My gamble here in OTC is not every CEO is a scammer. And that is a long shot but then so is "Da Moon".
Reality Check
The baggage of this stock goes back way before Logan took over and the players were here a long time ago so reputation as a scam was well established even three four years ago, There's people, entities that have hundreds of thousands in this thing, Who do you think Logan answers to . He could have diluted to 10 bil shares. BTC halved, it hasn't traded to levels predicted, he doesn't mine PHUCHING Gold (Might have been better). We bought a stinking double-triple sub pennies stock and not a Nasdaq, they all are in the crooked OTC and we put our money in the shark tank "pun intended" . But of coarse everybody here and I mean everybody bought this for a lotto play and to "Da moon" .
GLTA
Thank you Logan for reply
I now people are critical of operations. It's not that they(we) don't like what's going on with business, it's that they(we) don't know(silence is not golden in this case). We all know that bitcoin is not doing well at this point and that income has to be affected. You would have a lot of support through tough times if you could just acknowledge the need for our CEO (you) to take the lead to give a update to SH once in awhile. When stock is tanked and we are complaining about SP and then salary is brought up that would be a non-issue if you would communicate something other than quarterlies.
Ex. "SEC has no replies no timeline, I estimate Bitcoin prices need to be ??(fill-in blank) to break even, were doing about this many coins a month".
on twitter, anything that's legal. That's when they'd(we) have your back. Most of us are or have been in business too!
When bitcoin prices rise to the moon, we would like to say good job "go cash a few in and go buy a Maserati"
JMHO
Thank you Stinger
Please!! arrogant righteous holier than thou post are better. Let's be honest and I think you'll agree as you are a rational, sensible, kind person that any "Obnoxious Creeps" that troll boards should be banned,,
JMHO
Now that's Funny I don't care who you are. LOL
Been the silent period for more that the filing period
You remind me of “Jacob Marley”
As much as I would like to see income make a SP difference, this could do a $1 mil for quarter and because of Logan history here since takeover much less before it ain’t gonna change
IMO
Many people make $hit tons from No Bid and 1's and 2's.
Probably just not you
Then I guess you have nothing to bless
what makes this worse is crypto is retail top heavy. looks like panic is going to decimate this space. thought that btc with etf's would back this up. but looks like to new to be stable
Being Bitcoin after initial panic on big boards and as soon as markets turns steady to bearish money I believe money will make flight to staples, military and crypto especially Bitcoin
The 2's that are selling are people that no longer believe Logan is honest
IMHO
Just think then you can heavily invest your 2 cents worth and become a rich man
If we hit 1's looks like Logan was able to do what no one else has been able to do in 5 yrs. Get CGAC to .0001
Would like to believe that he's having all his friends and family buy up float for future. But than again I think the apple didn't fall from the tree
This reputation will follow this company even when it goes to A.R.T. It will cause every short entity will prey on this type of company character to scare investors away and take losses. Apples don't fall far from the trees.
Too bad, thought we had something here. And no I don't "Trust the process". which is don't tell SH's $hit and let them take it up the ?
Google will bring up this company's current reputation for years.
All it would have taken was just a little communication like simple dear shareholder letters even it it's content were "Go f@@k yourselves" at least that would be transparency
Just my honest opinion
Your right Eli
What’s the reason for “ Public” company when he could have borrowed that much to do the same thing
Maybe the 3's are bailin don't blame them id they did, Even big sale 33mil would have 6600 for their pain. Sad thing in this OTC environment it's all to risky. No retail enthusiasm anywhere
Hey 33 mil
Someone else got sick of it. GG Logan
That's his plan "Just Mr. Logan"
Too Frank's odds could be spot on, didn't see 8-k. maybe hail Mary R/S but after 30 days which (no R/S filing yet) they have to reapply. They do get some kind of grace(discount) for 6 mos.
I believe there's no rush for nothing to do with Share Structure or exchanges until they get their $hit together with business model and proven revenues. You stated before much better chance to raise PPS in pinks than to try to stay in QB and now that their not I believe pinks is where they'll stay and no sense in RS as in pinks it's still considered low float. Any good news and this will fly, they gotta make money to stay there and that not accounting for the accountant fees.
BTW
Companies must pay fees to the OTC Markets for OTCQB quotation as follows: (i) a one-time application fee of $5,000 for issuers up-listing for OTCQB quotation and (ii) an annual fee of $14,200 for all OTCQB listed companies. To Be Eligible for OTCQB, Companies Must: Meet a minimum bid price test of $0.01.
OTC ability to attract retail is long gone with the rise of crypto. The SEC has done what it set out to do and that's to destroy the aspiration of retail stock traders to buy with a dream. Now it's just $hit with peanut flippers and short scammers. Just like last two years afters Gamestop/AMC short squeeze which affected all of OTC HEDGE MM's to lose their A$$ and make pack with devil SEC to put rules to lock out retail and prevent any demand for pennies. OTC is dead
JMO
Hope is the only reason to keep going in life. when one door closes we hope(pray) another one opens to carry the ones we love along with us. Without it all we do is try to drag others down to our dark place as to justify our existence. Sound familiar
Taken from their own press release