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Updates are coming
You should not focus so much on the smaller picture. First you talk about lots of dilution when it's only 10-20% over a long time. Now you talk like a .0007 difference in price isn't the same. In OTC stocks, volatility and liquidity are low so price spread is high. In the case of this stock, any area 50-100% off the 52 week low can be considered bottom, so basically .0080 - .015. When the stock is .10-.20 you can say you bought at bottom if it's anywhere in this area
CDEL isn't 1 person
When is the premier of Ambush Kareoke?
Sold half my shares
The PR published on einpresswire that nobody will see
Will Smith officially part of the team
A news release will be provided soon
Updates are coming
As long as this stays on pink sheets (which is for the foreseeable future based on CEO comment), this remains a trading stock only, waiting for unexpected, artificial pumps where you must guess where the top price will be before the dump comes and head to a new 52 week low.
LOL @ minor dilution, you must be new to OTC. As I said, you are looking at dilution the wrong way. You must be comparing to other stocks with billions of shares. But the number of shares is irrelevant, what is relevant is the percentage of shares added to existing outstanding over time. PACV has 5 million dollars in losses a year, so they need to dilute enough to keep the business going. They dilute their stock hundreds of % every year, find another stock that dilutes that much? Investors and traders don't like their shares to lose half their value in just 2 or 3 months. The shares just added over the weekend is 20% of the unrestricted shares! That's happening about every 2-4 weeks! And it will continue indefinitely. I am predicting a shares price this year of .0025 or even less.
You can call the dilution nothing all you want but compared to 99% of other OTC stocks it's more dilution. And, the big move already happened a couple months ago when it went from .0115 to .10. Such a move happening again any time soon is unlikely.
Flippers are the only ones that can make money in this stock. If you buy and hold here you lose.
As I said before, it's pretty obvious the CEO is set on her business strategy - put all the expenses on shareholders by consistently adding shares to fund the company losses. Now it makes sense to me why they don't intend to uplist to QB, I think she knows the PPS isn't going to hold over .01 which is a requirement to hold QB status. She knows with the upcoming dilution the market cap will likely drop back down to where it was a couple months ago and with all the new shares added that's a much lower PPS than last time.
You said this dilution is a "nothing burger", I'm telling you it's not nothing at all! The pps cannot grow when they dilute so insanely much, more than any other OTC stock I've ever seen. I'm not stuck at all, I've been trading this stock over 1 year and always make money on the pops because I know the dilution will always press down the price to new lows. Buy the new lows, and the new people coming in think it's a great deal so the price goes up, sell and make money when other people buy thinking it's going much higher due to their sales.
And look, now the increased the O/S unrestricted shares again, by about 16 million shares I think, can't remember the last O/S because it keeps changing every week or 2.
Dawg it's going below no bid to negative .01 dawg
Everyone should sell their shares dawg, if you don't then you can lose everything then be in debt to the company when it goes negative dawg
You are looking at the dilution the wrong way. This company has diluted INSANELY bad. if you bought shares 1 year ago, your shares were diluted around 1000%. That's AFTER the reverse split. They diluted even more before that. The dilution is so bad it caused the market cap to go down to 600k, that's when the price went down to .0115 in May. But they diluted so much more, that the price is less than that now and the market cap is 300% higher. The dilution is non-stop because they have huge losses from huge expenses, the CEO decides to fund all that loss from the stock. How can a stock price go up when all investors lose their money? It can only pop once in a while artificially and then come back down.
If the market cap goes to where it was just 3 months ago the pps would be about .0025.
So IF dilution stops, we might see .0025. If it continues, could see even lower. And dilution will absolutely continue.
Pretty sure he means 0034
Based on what I've seen in my several years trading OTC stocks looking heavily at L2 and getting tricked, I agree 100% with your explanation.
O/S keeps going up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, and up, never ending, needed to fund $4 million dollars a year, need more shareholders to buy so they can sell more shares until the market cap is back under 1 million where it was just a couple months ago.
Small dilution? No way they have diluted their stock about 10,000 %. Anyone who invested last year or year before is down 99%+
More like wiped out. Basically every person who has invested money into this stock has lost unless they traded it short term on the pop ups.
It shows that investors have been funding this company's net losses for years.
Great questions, for someone else because I have no idea. I care more about whether or not they issue a PR and communicate with shareholders about the ticker.
Exciting Tweet! : "We are pleased to announce we have secured Malone & Bailey and have signed off on the engagement agreement to Audit our 2021 Financials. This will give the company 4 years of audited finacials, 2018, 2019, 2020, 2021."
$MSTO We are pleased to announce we have secured Malone & Bailey and have signed off on the engagement agreement to Audit our 2021 Financials. This will give the company 4 years of audited finacials, 2018, 2019, 2020, 2021.
— @MasterBeatCorp (@masterbeatcorp) August 18, 2022
Dawg, like bro, really I mean come on dawg seriously like omg... you gotta like, you know dawg, whatever like, dude you know dawg
Shareholders foot the bill on all OTC stocks. Also you have been complaining about dilution so long but the O/S hardly goes up a few %.
No reason? How about insane dilution? They have diluted their stock like 10,000%
Quarterly Report Posted - Link:
https://www.otcmarkets.com/otcapi/company/financial-report/343646/content
Based on context 29 was typo, he meant to put 19
You make no sense.
Does the $20 gap need to be closed before moon?
Exactly, hundreds of companies out there reporting millions to OTCmarkets and you think the IRS looks the other way? I don't think so. Even paypal, venmo, etc must report anything over $20,000 in annual receipts to the IRS for any person. Nobody gets away without paying taxes, and XTRM reported 2.5m in gross profits and 1m in net profits for last year. Even after business deductions its still hundreds of thousands of $ in federal taxes, if it's a scam how could this work for them?
And how do you know this? How do you know the IRS doesn't require OTCmarkets to report to them? Please send a link.
Huggy serious question to you because I honestly don't know ... if a company such as XTRM reports the way they do with net profits, what do they do about the tax they have to pay? Why would a company report net profitability if they are not really making money to pay taxes?
Updates are coming
Going up tomorrow? Friday? Next week? Soon enough for sure and it can pop 150-300% or more
I think she saw there were like 10 people in the webinar with no real companies and too many questions about dilution so she wanted to get through it fast as possible.
Ok NOW you can say the price is down or going down.
I asked a question then 1 minute later they said that's all the questions and never answered mine