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RIP ECOS. Used to be the best board on ihub.
Thanks for your perspective. I appreciate it.
If I am interpreting it right it does not look good at all.
The way I read it is they are allocating 100 million shares. The AS right now is 500 million. This states that Northbridge cant own more than 5% of OS. So that would mean the company would have to dillute shares to 2 billion in order to satisfy this and not have Northbridge go over 5% when 100 million shares are fully exercised? Im still fairly new to this. Someone please correct me if Im wrong.
So i just realized the company released an 8k last Friday. I dont know how I missed this since I have alerts set up. Anybody care to discuss?
https://backend.otcmarkets.com/otcapi/company/financial-report/198970/content
People wont slap the ask until the company shows they are still in business. No updates for over a year.
Most people have written it off. I like a dark horse. The restricted shares are still there, which is why Im still here.
NOUV is ready to wake up from its slumber.
Doesnt an investor need to file a schedule 13g or 13d with sec if they own more than 5% of outstanding shares? There's a limit to how much you can accumulate without having to file. With 14 billion OS that would be around 700 million shares.
Quiet trading day today. L2 tomorrow and Wednesday should be interesting. Bid was weak and ask was stacked today.
I wouldnt. Haha. I think they have the deal done though jmo.
News wed or thu. Per Tom tweet.
I agree that uplist is probably not going to happen yet. Signed contracts is what we really need.
Morning Tw.
In hoping news today or tomorrow. Im expecting contract news, but I would welcome uplist news as well.
Good morning everyone. It seems like Tom is concentrating on crypto now. He changed his profile picture to a bitcoin symbol.
T53 is still supporting NOUV on twitter. Good to see. His low end PT of .0015 is doable if the company breaks its silence and updates shareholders, imo.
The best lies are mixed with a big portion of truth.
I saw that. He may have dropped us a hint. We will see what the news is.
Crypto contract would be nice. I remember them saying on the tv interview about being approached by crypto exchanges.
Tom just tweeted OCSY, along with a couple of other crypto tickers with crypto hashtags. Hints maybe?
OTCQB
We are getting closer to the 8k and 10k. Expecting to see it by the end of summer. JMO.
There are a few of us here that realize the potential, but the majority of otc traders are not... That just means there will be more people chasing when the news drops, which is great for the longs that are already in.
Well, looking at history ECOS has not been known for promptness. After all, they didnt notify shareholders of tweaks that needed to happen to digester until months after. GLTY.
Happy birthday!! Hopefully ocsy gives you a nice present.
Someone wanted in before the close. News Monday morning would be nice.
Ive given this stock until the end of September. If we dont hear something by the end of September I would consider this a tax loss sale. JMO. GLTA.
We need a few whales to get the run going. Hopefully the news garners the attention that we are hoping for.
I think if news is big enough it will hit the volume scanners and people will find it that way, but it doesnt hurt to promote it on ihub boards.
Yes. About a month ago.
Nice volume today.
Next leg up will be fun.
I agree with $1. That is my short term price target. Share structure is still very good.
Capitulation is needed for reversal to happen. A contrarian attitude can be good in the markets. Most traders/investors lose money... I think an RS is needed at some point to clean up SS.
Didnt catch that, haha. Long day. I wouldn't mind a 9 figure contract.
How substantial? That is the key question. We shall see next week hopefully.
News is definitively overdue. Hopefully it is the multi million $ contract that we have been waiting for. Once we break .12 resistance the chasing will begin. GLTY.
Tom has cried wolf so many times that I will believe there is news next week if/when it is actually released. .20 share price would be nice
I agree. He wouldnt be promoting it this much if the stock had no potential.