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No way. Thursday = .09, of course.
Of course! In these pump an dumps, the victors always load the absolute bottom and then sell at the tippity top, despite the paltry dollar volume at the tippity top!
One of those great mysteries of pinkie trading, I suppose.
Because science!
Most know. The baseless lauding and price targets are just part of the pump and dump game with tickers like ABCE.
Ticker still manages decent pump and dumps, amazingly.
Would love to see this failed company get left out in the wind by complete illiquidity. Maybe after the next reverse split, but I doubt it. If there's a buck to be made, traders will trade.
Another 200M diluted; OS now over one billion.
Outstanding Shares
1,039,535,127
Except they're in constant insolvency.
Hence, the dilution every month.
Hence, the need to pay off bad debt with bad debt so they could continue to dilute to stay afloat (for now).
Great. Still not paid off.
Only delayed so 600+ million (and counting) dilution could occur in the meantime.
They're just trying to keep enough liquidity so they can do what they always do; dilute their ticker as much as the market allows, and then reverse split.
Same ole ABCO.
Nope. Not paid off. Delayed.
Never happening. Just another pinkie bait/switch. Same ole'.
Lol, "investors."
They've diluted 650M shares since then.
And will continue to dilute more.
Same action like the end of last month.
It's almost like someone is intentionally stirring the pot so shares can be converted to meet a monthly $ amount.
You are welcome.
99.9% of everything down here are trash pump and dumps that enrich those on the right side of the pump, as well unscrupulous insiders.
I don't play that game.
I do occasionally peg a pink sheet company that has some sort of plausibility or aspiration of emerging from the primordial ooze, and even 99.9% of those turn into shams or shuttered operations.
ABCO is a sham. The history has proofed that.
Share structure figures should update next week.
They dumped heavily into the volume at the end of April. They haven't had the benefit of much volume in the month of May, but I expect the O/S will still hit around a billion.
Whatever the case, it doesn't matter. This ticker is a piggy bank for the insolvent ABCO. They will dilute and reverse split like clockwork until the end of time, or until traders stop bringing them liquidity.
An O/S of nearly 400M and an A/S of 1B is hardly "one of the best" share structures. I think praise gets heaped on pinkies like this because billion+ share structures are the norm in this putrid segment.
People also have to stop pretending like anything these guys say is legitimate or has merit. They were never "in crypto" and so they never "blew it."
They aren't in anything. It's just words.
Same ole empty hopium from those deep red.
Anyone taking a gamble on 1's is looking for the 1 or 2 tick flip for the 100-200% profit.
Just another day in pinky land.
They can't reverse merger.
What we learned from the failed FINRA name change years ago is that the "shell" is not "clean" and is unable to do any such corporate actions.
The empty idea they floated at the time was to create a subsidiary spin-off of this ticker that would have such capabilities. Of course, that was never going to happen, and never did happen.
This ticker is a dead in the water nothing. The only real hope of a meaningful pump and dump is if the nobodies holding this thing walk away and someone else assumes control.
Lol. Bid above .001 says otherwise, but sure!
Because traders like a good scam.
That's the whole point down here. Pump and dumps. Pretending these pinkies or these pinkie CEO's like Black are anything other than abhorrent scams is the error in the train of thought.
What happened here is exactly what was expected to happen here. It should surprise no one.
O/S doubled; 400M diluted in single month.
O/S 03/02; 240,061,846
O/S 04/01; 434,215.256
O/S 05/01; 839,913,721
Looks like O/S will tap 600M next week.
Same ole ABCO.
No one could have predicted, prior to that likely fake email, that an insolvent company that uses a publicly traded ticker to prop themselves up, falling back on reverse splits like clockwork.... would.... um... be an insolvent company that is going to fallback on a (fourth) reverse split like clockwork.
I mean, nothing about their operational losses and toxic debt could have predicted that!
Nope. Nothing new.
Same website, different stock image. Even the "new direction" is rehashed.
This is their... sixth "new direction," I think?
They moved onto grow lights and grow houses. That website and paper idea went nowhere. They then moved onto a slew of cannabis provider service ideas and websites. Cannasure, Cannaxa, and the fabled, forever hyped Cannamedi that never launched. None of that went anywhere because, you know, cannabis was hitting all time highs, but supposedly the "market wasn't ready." Then they had the new, new website in MJ Circle, which was to be a local service provider, which was a terrible paper idea that, obviously, never went anywhere. Somewhere in there Crypto came along when they moved onto their... fourth interim CEO. That went nowhere because, you know, Crypto was hitting all time highs, but supposedly the "market wasn't ready." So then they wanted to turn MJ Circle into a dating portal. Yes, a dating portal. An idea so laughably bad that they attempted to walk it back after speaking it into existence. AND THEN, after the most recent pump job attempted here, they suddenly put up a new stock image and were like, "OK, Crypto again!"
Wow, so that's actually EIGHT "new" websites and directions.
It all just feels a little old, rehashed, and familiar, eh? Mhm.
Maybe a fourth CEO soon. Maybe a ninth "new" direction. Maybe a fourth claim of "getting current."
There's nothing here. Never will be with these guys at the helm.
There's that 4-5M timed dump.
Let's see where the O/S is next week. Approaching R/S territory.
Berman / Canouse dumped and took the bid.
Was going to happen eventually. This pinkie sham has run its course.
And four years of research shows;
Zero business. Nothing. Ever. Same story on repeat.
Uh huh, they also said that April 2019.
Literally, a whole year ago they were "going current." Then, going current again. Now, going current again.
This is all these guys do. Endless pointless shuffling, zero actual anything. Nothing they say means anything.
Even if they caught up with OTC filings, it doesn't matter. There's zero business. It's all stock images stolen from the web, and copy and paste Word Press websites.
In a little over a year, they left crypto because "the timing wasn't right," then got back into crypto because "the timing is now," then idled because "the market timing isn't right."
It's seriously too funny. They say the same thing over, and over, and over, and over.
The same shtick has been going on for 4 years.
Inching closer to no bid by the day.
He registered a domain name.
That's a big deal for someone like Berman.
Yep, reverse split will come.
UAMM... elongated clown's nose pattern forming.
Lol. Charting pinkies, let alone illiquid pinkies.
Valuations on pinkies is meaningless.
It's a trip stock because it's a diluted pig.
ABCO is an insolvent company on their way to yet another reverse split.
Bitter sweet to see this finally suspended.
Sure, it punctuates the scam artist Tommy really is, but it took way too long, and Tommy and his buddies made off with millions, so... same old pinkie story.
Man, I really hate these predatory, narcissistic types like Tom. They deserve serious punishment, but the end result is always reward. I still can't get over the way he would constantly ballyhoo about his (I think autistic) son that he'd pimp as a fundamental as to why he's such an honest and forthright person.
Dude is a straight-up white collar sociopath. His face makes me sick.