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The problem is dilution and the misjudgment of directors to engage in toxic financing. Huge mistake. Only way out will be an r/s at some point down the line, but that won't help current investors. All just my opinion. Ss
.005 may take a couple days or a couple weeks. Who knows. One thing you can hang your hat on, though, is that it is not likely to go up from here. My uneducated guess is triple zeros within a month. There will be a lot of volatility, which will create a day trader market (though a risky one with the general arrow pointing very steeply down), but for an investor, this is fire, absolute fire. They don't call this a toxic death spiral for nothing.
All ust my humble opinion. Ss
This seems to be a classic death spiral. Why would a company engage toxic financing when they have something decent to offer? These situations very very rarely turn out. And, the very few that do survive, later do a reverse split and often leave investors with 1% or less of their original investment in the end. Do not wish it.
Just my opinion. SS
Wow! Looks like a new round of dilution is arriving earlier than expected. I thought they would at least give it a few days to a week to let this thing breathe. Very relentless selling in the days ahead, seems to me. Only 12 million shares traded and it's already down 20% and back in the double zeros. Got to be careful with this stuff, guys. You're playing with fire, in my opinion.
Oh, this is also the time to watch out for large fake bids by market makers, trying to stem off the selling so the financers can get out of their shares more easily.
All just my very humble opinion, as always. Do your DD and prosper. SS
Rollercoaster, yes. Gainer, no. It will be a strong day trading device for awhile yet, but only when buying on the extreme dips in the coming weeks and months on it's decline into the triple zeros. May take a few weeks to a few months, and the way down will definitely offer opportunity for the very careful trader. But, buying at current levels is obviously super-risky as the decline begins and the toxic dilution starts in earnest. NAFS will be a scalper's dream but an investor's nightmare, imo.
All just my humble opinion, as always. Be well, all, and happy trading. Ss
It takes a company 5 minutes and a simple filing to increase a/s to 5B. Companies do it all the time. I remember when you all were saying NAFS's a low floater and denied dilution was beginning. No more denying, folks. This will likely be just another death spiral with a 20k/1 RS in the works. Toxic financing and subsequent dilution is enemy number one.
Just my opinion, but reasonable people have been been right about NAFS so far. Ss
Remember, the more delution, the lower the pps is gonna go. Ending lower on 120 million shares traded the other day is a very bad sign and likely means the beginning of MAJOR dilution, plain and simple. NAFS should be edging toward triple zeros within a few weeks. Where you see a little delution, there's usually a lot more comin' on its heals. There is already 160M o/s and this is likely just the beginning. This could be at a billion o/s in the blink of an eye. Just another warning, y'all.
Just my opinion, as always. Ss
This board was warned months ago about toxic financing, but it appears you didn't listen. The pump PR occured yesterday to provide a decent profit for those with free or very cheap shares, most likely convertibles. There will be over a billion O/S and triple zero share price very shortly. I'm sorry for you all but I tried to warn you.
All just my very humble opinion, as always. SS
Ad-1, I see you're still trying to get people to buy your shares. Why would they do that? Why would you want to have someone buy your shares at a price that you know they will never ever be able to sell beyond? Everyone loses and you make a measly few bucks.
You can't sell because there's no bid.
Why would there be volume?
So ad-1, how are the people who buy the shares you just bought and now put at the ask (.0001) supposed to make money? You buy all those cheap shares, pump this thing knowing there is no actual chance of seeing .0002, tell people it's going to up up up, make your few hundred bucks at .0001 and everyone else is stuck with theirs for God knows how long? Is that how it is? It's called misleading and, I suppose, smart if you're into screwing others for a few hundie. Crazy stuff, man. Ss
Dude, 10M just sold for ten bucks! Ripe for major loss for regular folks, you mean. The company is now worth $5000.00. Congrats, ad-1. So, if you bought those at .000001, you could make $90.00 in a couple years. I'm sure you already put them up on the ask at .0001. Well done. ss
Goodnight APPZ. See you again when you rouse again briefly in a couple years, provided you survive somehow. Until then, pleasant dreams...
Whats going on is you can now buy 160M more if you want at .0001. ss
Well, chalk it up to experience. While it seems to have been just a lame fake news-based pump scam, it actually worked for some insiders and stock promoters who have been pissed off bag holders for many years, to the tune of a couple hundred thousand bucks. They're out and quiet. It's just the way it works here on the pinkies. And who knows, maybe ol' Wayne will answer the phone someday over at Techvig, but I doubt it, or better yet, he'll come up with another effective scheme in a few years to unload the rest of his shares. All just my very humblest of opinions. Ss
You were smart to dump all but a few of your shares. Keeping a couple milly for a gazillion to one lotto play seems reasonable. btw, why did you sell if this was going to be a major winner with a "ride up?" SS
So, Mick and ad1: were you both able to get totally out with the pump or do you you have some left? I think some of the old bagholders managed to get completely outta this thing and some didn't. I'm guessing you guys had A TON of shares, but I guess there was a ton of trading too. I remember that fake 1B share bid and how the MM's used it to trick people into pulling their sells only to oull the bid and tank it after their guys were able to sell. MM's cannot be trusted. SS
Might as well put them up on the ask and try. Maybe someone will come up with another fake news scheme in a few months or years to stimulate another round of dumping, but I doubt it. I can tell you, it will take A LOT of REAL news, filings and revenues to create any buying at .0002. All just my opinion. SS
Update on what? Geez. ss
... and it doesn't even look like Techvig has a phone number.
Wonder why there's been no response from Techvig? Don't companies usually answer emails? Anyone have any info? ... crickets ...
The problem is that this APPZ/Techvig thing probably isn't a real deal and, as we have seen, APPZ WILL NEVER EVER go over .0001 without a real deal (not fake LOI's and rumor as in the past), not anymore. This is a well known symbol and people are wary, and rightly so. This needs actual real news. The biggest question is, why would a company like Techvig (if it's an actual entity with revenues) want to RM or form an attachment of any kind with APPZ when there are thousands of other cleaner shells to pick from? Not passing the smell test yet. Just my humble opinion.
Any response from Techvig yet? If they don't respond to email, maybe you should try calling them. More likely than not, ol' Wayne will answer the phone. Lol!!!
Scratch and lose, you mean. Like your mother always said, DON'T SCRATCH!" APPZ. ss
Brody30 - But, is there anything real here or just a pump by some "big guns?" This thing needs a REAL DEAL or it remains a classic every couple year p&d. ss
Even if there was a relationship between Techvig and Monster Arts, what kind of revenues are involved? What exactly is the relationship? I can't see from the website how there is any significant income at all. What is the model of income generation? It will take a lot of revenue and profit for APPZ to come off .0001 being as it already has a market cap of $540K at .0001. Just my humble opinion. ss
Yikes! Same ol' fake news, seems to me, like a couple years ago with the supposed merger with a F500 company or some darn thing. There will be another opportunity to dump in a couple years with the next scheme ... if SEC doesn't shut it down before then. If this was real there would be a ton of info out there and there would be an announcement. There would also be continued volume by people in-the-know. Just my opinion, as always. ss
Yes, I know, but who's to say it actually has any association with APPZ?
Explosion Imminent? Heck, we don't even know if the Techvig has anything to do with Monster Arts. Seriously. ss
Anyone bother to call TA for current o/s and float? Didn't think so. May want to give 'em a call. ss
bids starting to get pulled. This thing's goin' down, imo. Look for .005 to .006 and watch for bounce to over .01 again. Just my opinion as always. ss
Wow, ask has grown! Now almost a half a million on the ask up to .014.
Old investors wanted to finally get out of this thing, and some were able to, imo, though it was probably a disappointment that it didn't continue long enough to turn over the entire o/s. I guess it wasn't a pump in the classic sense, but was an effort to create a selling opportunity to dump their old worthless shares. Many of the shares were probably free so selling at .0001 was a zillion % gain for them and they didn't need it to run, which it probably can't anyway with so much in the float. All just my uneducated, unprofessional and very humble lay-person opinion. ss
Just give it a couple years and you'll get your money back with another p&d ... probably ... unless the SEC shuts this thing down in the meantime. Just my opinion. ss
Uh oh, we're back at .000001 again.
That was one of the fasted P&D's I've seen in a long time. But alas, some promoters and former insiders probably got at least some of their investment back from years ago to the tune of $110K. Next fake news pump should occur in 2023. Just my opinion, ya'll. ss
Back down under .006 and then probably a pop back over .01 in another month, is my guess, depending on how much dilution and insider dumping is happening and at what rate they continue. Just my humblest of opinions. ss
I wonder if this whole things is a hoax - Someone buys the website, puts a bunch of nonsense on it, tips off some promoters and VIOLA! - a dumping opportunity for bag holders/promoters who have had hundreds of millions of worthless no-bid shares for years. Hmmm ...
umm ... what?