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Most of the volume today is buying
It's legitimate on paper and dilution has been less than most every other OTC stock
Do you know that sub penny is not trips? Trips is less than 10% of current price.
How can you say there has been minimal dilution when this company has diluted their stock more than 99% of other OTC companies? Just in 18 months they have diluted the stock by over 150%. Before that there was even more dilution AND a reverse split. Out of all the OTC stocks down from the market and economy, none of them declined as much as PACV because they did not have nearly as much dilution. You can't argue some companies dilute billions of shares and PACV only dilutes millions, it depends on how many shares there were previously, hence the reason PACV declined over 95% compared to other stocks that may be down 50-90%
Did you add up the total number of shares at .0002? LOL
It really doesn't matter because it has no effect on the share price for more than a millisecond (that means for less than 1 second). Could be a market maker or retail executing a $5 trade just to make the chart that way who knows and who cares?
It was just at 0014 a couple hours ago, now 0007's and 0008's got a massive dumping, even some 0006's! WTH?!
That 0002 is not of any concern, it's basically like a glitch, it happens with many penny stocks sometimes. Just last month one of my positions is a stock at .01 and at open there were a tiny amount of shares sold to .0002 just about 1 second before all the bids went effective. Right at 9:30 AM it sometimes takes 1-2 seconds for orders to become effective but other orders can partially execute. The morning XTRM touched 0002, I saw before market open the bid 0002 and ask 0017. It could have easily touched 0017 as well before the ask orders went effective. So the few thousand shares that execute at 9:30:01 on any stock are irrelevant.
Yes very little retail interest these days that's WHY the price is LOW. A very insignificant person with some extra cash can make this high revenue high profit company pop to .03 or .04 in a day. 25% dilution does not justify 90% reduction is PPS just because they are not audited yet, it's simply the market makers that bring almost ALL prices down as much as AXXA. THAT is how it works.
LOL 25% increased shares over 1 year, you think it's a lot?
What uncontrolled convertible debt? This is also not fact, as the outstanding shares has hardly increased over the last few months. You think 10 or 20% is "Uncontrolled"? You exaggerate which shows bearish opinion and is NOT fact.
"Likely will not recover" is a bearish opinion, not a fact
I'm guessing 2-3 weeks from now they will tweet that their backup server is almost online.
I didn't even see that action, noticed the volume after I was done posting. You never know who is going to be at their computer and decide to buy or sell, if it's someone with extra cash or someone with $50,000 in shares wants to dump or $50,000 in cash wants to buy, for whatever reason. All I know is when news is imminent and price is at a 1 or 2 year low and there's not consistent dilution, AND market cap is 1 million or less, the price is not likely to drop just from a yield sign. But mark my words when they show pink current buying volume will come in and the sky is the limit.
Recently it seems yield signs on OTC stocks have only been a good thing, because they don't cause panic selling but when they come off buyers come in. Might be able to get some 0010's or even a few 0009's, when news drops of sale completion and filing is submitted for current status buyers will drive this over .0020, which at that point will still be a steal price but 100% gain for buyers right now. Market cap only 1 million.
The market cap is still over 8x higher than it was a month ago. but not even twice the price. That is insane dilution.
Yup. Also that 3 million was only dumped to 1 price of .012 which was 1 person's bid. Could have been the same person dumping shares to himself to create an illusion to get cheaper shares, I've seen that happen a lot in OTC stocks, basically the same thing the market makers do but totally obvious.
The price will not stay in trips, if it sees trips again, unless they add 10-20% more unrestricted shares. Even then, the price may not go lower. As boring as this company may be, and with no communication with shareholders, they still look good on paper. If they ever do an audit to be fully reporting people will hop on this and the valuation will be more along the lines of a 20 million revenue net profitable company. The reason for the big decline is not lack of communication or dilution, it's the market in general. So it will reverse eventually, don't get caught off guard thinking you know why the price is down and whether it will go lower. The market cap is now just about 1.5 million so t's risky to be out of the stock due to emotions at this price, in the OTC anything can happen at any time and market makers are out there to try to get you to buy or sell a stock as they want.
I gots me 100k of dems 225's
Nice bid support and no dumping. Looking at the market (OTC) and upcoming news, seems that it's highly unlikely the pps will go lower.
All time high volume and all time low pps today. But revenues are still high and profit margins increasing. Market is still down with most OTC stocks settled and sitting at or around 2 year lows and low market caps. Might be a great time to buy under .0008.
Ready for the 8 million new shares to be dumped? Maybe you're right
How can it be done when millions of new unrestricted shares are added every week?
You might get sub penny shares considering the market cap is over 5x higher than it was before the run up. However market makers own the stock price so they will do as they choose.
XTRM Tweet!
Tweet 6/23/2022 :
"Updates are coming"
Tweet 6/30/2022
"A news release will be provided tomorrow"
Tweet 7/7/2022
"A news release draft is being worked on"
I'm guessing that a boring news release on the last day of the week about their continued growth and more homes being built with no real update at all about what shareholders want and ask for all the time. Then trips after that.
You make it seem like you know better than the CEO, as if running a company is so easy. So many people on these boards speak as you do about what they think needs to be done. You say numbers are not on the books, but then why is the stock pink current? If they are not current it'll say so on OTC markets.
I think it's hilarious that on basically every single ihub OTC stock message board there is someone complaining about the CEO's incompetence because of a little dilution or whatever the hundred reasons someone can find to blame a CEO because they are down big on their investment. But nobody is complaining about market makers, which is what they SHOULD be complaining about. They are the ones with full control over every stock and the reason your stock is down. All a CEO can do is try to get the market makers to decide to bring up the share price but even in that success it will be temporary because market makers serve their own needs and make decisions based on what they know they can do.
Clear 13's and we will get buyers to move back to .0017-.0020 in the same day. After that hopefully it doesn't drop back down to .0010.
This is a default statement that is required to be in a quarterly or annual report if they company is at a deficit. This just a disclaimer exactly the same as you will see on other companies' reports.
This company is only 1.5 million valuation and has 10 million + annual revenues, and this great news triggered 0 volume in the first 20 minutes of trading. WTH?
Exactly, it's been low float a long time and went from .20 to .01
Unbelievable that it hit a new all time low after that insane volume and news. Market cap under 250k... wth?
The fishing hashtag means he's hoping this is a big catch in a big ocean of fish.
Why do people think it's going to dollars? Just because it was $15? Just 1.00 puts this company at 500 million market cap which is insane considering market caps of other stocks. When it was $15 last year, what was the market cap then? I bet it was not 500m.
26 million?
Since this initial run up I've been posting that a market maker single handedly boosted the share price without any pullbacks for retail to buy shares back, only to dump shares that were just added to unrestricted. Now 33% more unrestricted shares (17 million). Tried to warn everyone but so many of my posts were deleted.
Just as predicted, another massive unrestricted shares increase. It's constant and consistent and has always heavily outweighed retail interest leading to lower and lower prices. Might get some shares under .01 in the near future. And I predict that either Friday or next week unrestricted shares increase more and there will be no PR.
VERT is on the bid and ask and price is still the same as when he first showed up
Rolling Dunes property supposed to be closing today
Also that other stock had an insanely low market cap. ALST market cap less than 300k and ultra-low float!