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CDEL
In other words, heavily exposed market makers like Citadel Securities would have to cover their short-selling bets within a day, less they risk defaulting and have their assets frozen as outlined in the NSCC framework.
“If, after closing out and liquidating a defaulting Member’s positions, NSCC were to suffer a loss, that loss would first be satisfied by the amounts on deposit to the Clearing Fund and Eligible Clearing Fund Securities pledged from the defaulting Member”
Of course, the NSCC also has the authority to close any open positions of a defaulting member. Rule #2 stands out in particular as it invokes Citadel’s impressive list of FINRA violations. The Tokenist covered Citadel Securities extensively, both in terms of its history of market manipulation and its acutely conflicted ties to Robinhood brokerage, providing it with 43% of revenue for Q1 2021 via controversial payment for order flow (PFOF) business model.
With the new rule about to go live, the ability of market makers like Citadel to exert such market force will be greatly reduced due to their liquidity reduction – daily down payment collection will tie up their available capital. In turn, this translates to the reduction of open positions they can take, given all their other exposed short positions.
And it was 8 cents a few months before that and it's still up 600%. IF you can't handle the swings get yourself a nice muni or some bonds or maybe some cheese to go with all whine. :>
Probably should put it all into bonds! Worrying about the daily price is not healthy.>>>>>LAMO!
Personally I think the majority of the OS is locked up hence the low volume with only the Market Monkeys doing their thing. It's always CDEL, NITE, and ETRF.
They trying to make this thier new oil scam now?
The share count hasn't changed in months. So the company isn't selling and I seriously doubt anyone related to the company with a large amount of shares is selling either. Anything over 5% would have to be reported. Haven't seen any SEC forms filed. That leaves low volume and Market Monkey Manipulation. Very easy to put up a large wall and walk it down with a few shares between 2-3 entities. And it's pretty clear the company is improving.
LOL! Here's another twist for you. Since CDEL and NITE are notorious Market Monkeys who short, and the same people seem to want to blame everyone else except the source of the magical mystery walls that keep appearing.......Hmmmmm.
The only problem here is volume. Right now it's only the Market Monkeys playing the liquidity game. Nothing more. CDEL NITE
LMAO! Sounds like a wet diaper. Compare this with FCEL that has triple the amount of shares out, similar revenue, 40 times the loss, and reverse split 14 times. Currently $12.44 sh.
Shares Outstanding 322,429,123
Latest Fiscal EPS $ -0.41
FuelCell Energy Inc. (FCEL) Key Ratios
PROFITABILITY
EBIT Margin -115.6%
EBITDA Margin -86.3%
Pre-Tax Profit Margin -82.5%
Profit Margin Count -89.65%
Gross Margin -21.1%
Profit Margin TOT -89.65%
INCOME STATEMENTS
Revenue $ 50,604,000
Revenue Per Share $ 0.1569
Revenue (3 Years) $ -16.95
Revenue (5 Years) $ -14.82
FINANCIAL STRENGTH
Price to Tangible Book 10.60
Total Debt To Equity 0.30
Int Coverage -5.50
Current Ratio 5.20
Leverage Ratio 2.10
Quick Ratio 3.70
Long Term Debt To Capital 0.21
MANAGEMENT EFFECTIVENESS
Receivables Turnover 1.50
Invoice Turnover 1.40
Assets Turnover -
Return Assets -20.79
Return on Equity -50.05
Return on Capital -26.48
QST – iQSTEL Targets $530 Million Mobile Number Portability Market With Launch Of New Blockchain Application (Video)
New York, NY – June 8, 2021 – iQSTEL, Inc. (USOTC: IQST) today announced the launch of its Mobile Number Portability Application (MNPA) Blockchain Platform.
Please don't feed the children candy. It makes them hyper and post stupid things.
Probably wasn't the same person. The one I was thinking about got turned off on TECO shortly after Belize. Think he was one that went down there. Anyway not much left to do here but squeeze the blood out of the turnips,collect my WB check, and have the first kick-ass party in Los Gaymanos!
Hit the Flush Button Donny! This ride is over!
Was he the guy that was upbeat and charting this POS early on?
LOL! A lot of people would say that about a first post on a board as well.
That's because they put a number out that means something. AKA increased rev.
So what is this supposed to mean? “Start Up IBM Program”
More likely a bi-polar child.
It's standard verbiage for companies that aren't profitable yet.
Yep. Pretty much standard in all 10-k's for companies that aren't making a profit yet. Let us know if you find something earth shattering.......NEXT!!!!
Good catch!
LAMO! June 2017! 6,136,848 shares.
LMAO! Better buy all the MSPC shares you can! They DO NOT own 40% of IQST. PERIOD!!! If you look at the fake news posted over there it shows they claimed to have 6,136,848 shares, probably as of there last financial report from 2017. IQST has about 136.88M share. Do the math! Also any holder of 5% or more of a company would be reported.
That can be done by Monday.
It's probably coming from the link below. That rule has been around since the 70s so I wouldn't expect anything to change on the 22nd
https://www.reddit.com/r/Superstonk/comments/mtl77t/dd_police_ep_1_sec_rule_15c33/
If you don't feed the clownfish. They swim away.
Yes I do know what's in the 10K and I'm not guessing. There was a question posed.
Guess we'll find out tomorrow:
iQSTEL
Hold on, please wait for tomorrow's letter and we will clear all that up and you can see it clear snapshot that the companies growth is exponential.
Thanks! What were the termination costs? Reading the conversation on FB I don't think they understand what goes into gross profit and how it affects the bottom line.
This what you are referring to?
NOTE 16 - SUBSEQUENT EVENTS
NOTE 16 - SUBSEQUENT EVENTS
Subsequent to December 31, 2020 and through the date that these financials were made available, the Company had the following subsequent events:
On January 15, 2021, we entered into Conversion Agreements with Leandro Iglesias, our Chief Executive Officer and director, Alvaro Quintana, Chief Financial Officer and director, and Juan Carlos Lopez, our Chief Commercial Officer, pursuant to which we agreed to convert 21,000,000 shares of common stock from officers into 21,000 shares of our Series B Preferred Stock, as follow:
Shareholders
Number of Shares of Common
Stock Converting Into Series B
Preferred Stock
Number of shares of Series B
Preferred Stock acquired in
Conversion
Leandro Iglesias
12,200,000
12,200
Alvaro Cardona
5,300,000
5,300
Juan Carlos Lopez
3,500,000
3,500
Total
21,000,000
21,000
The features of our Series B Preferred Stock are found in the Certificate of Designation for our Series B Preferred Stock, which is made Exhibit 3.1 in the Current Report on Form 8-K filed with the Securities and Exchange Commission on November 13, 2020.
The Series B Preferred Stock have one (1) year lock-up after the issuance, and 1 year of leak out after the conversion back into a common, and the Shareholder cannot sell more than 5% of the liquidity of the market.
On February 16, 2021, we entered into a Termination Agreement and Release with Apollo Management Group, Inc. (“Apollo”), pursuant to which we agreed to settle loans amounting to $500,000 with Apollo by issuing to Apollo 735,295 shares of our common stock as full and complete settlement of the aggregate outstanding principal amount and by paying Apollo $1,500 representing the outstanding accrued and unpaid interest on the loans. In connection with the agreement, the parties entered into a mutual release of claims.
Also on February 16, 2021, we entered into a Termination Agreement and Release with M2B Funding Corp. (“M2B”), pursuant to which we agreed to settle loans amounting to $716,666.67 with M2B by issuing to M2B 1,053,922 shares of our common stock as full and complete settlement of the aggregate outstanding principal amount and by paying M2B $10,511 representing the outstanding accrued and unpaid interest on the loans. In connection with the agreement, the parties entered into a mutual release of claims.
Also on February 16, 2021, we entered into a Termination Agreement and Release with M2B, pursuant to which we agreed to settle an “additional loan” amounting to $300,000 with M2B by issuing to M2B 441,177 shares of our common stock as full and complete settlement of the aggregate outstanding principal amount and by paying M2B $789 representing the outstanding accrued and unpaid interest on the loan. In connection with the agreement, the parties entered into a mutual release of claims.
Yep. Question for you accounting people. Saw this on FB. What's your opinion of it? "Why is your cost of revenue so high? 2019 you had a 4.3% profit margin now it's 2.2%."
Got my fix for the day!
Probably won’t move till they put the numbers out.
They posted this this morning
Ambassadors,
IQST is in #acqusitionmode!
Let's go!
Another 50K shares lock away....
Yep and these non margin stocks always takes 3-4 days for the funds to clear. Normally too late by then.
LOL. Lots of money waiting to clear.
You'll be ok.
LOL! Might be under water where you stand but it's up like 800% in the past few months. Don't worry about the daily price swings.