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What a mess here.
Where is the bottom?
They have a conference call tomorrow morning.
Can't make it, can you post here the contents?
Btw, what other plays are you in?
Do you expect a bounce tomorrow?
The selling was crazy!
Usually has less than a million shares traded, and today it was close to 20m.
Do you think institutions were selling?
The rsi is probably reset, but the long term is terrible.
hey.
what about the pending r/s?
I appreciate your honesty
Why did this drop?
Bloated with shares.
Might buy after r/s
So he wants you to buy the dilution? That's not news, this has always been the case.
This thing gets more and more bloated.
what's their time limit to get back above $1 or fall off the nasdaq?
Doesnt look like any dilution today.
Im also curious who is buying up all this dilution, as i think there aren't that many eys on this for them to dilute.
The diluters.
They make money either way.
And the lower the pps the faster the shateholder Wipeout will come
This is crashing hard!
The filed a pre 14c to r/s 1:5 or 1:10 for uplisting purposes.
Which means that the float will become so much tighter, and price will shoot up.
Slow?
Not by any means, in fact the volume was high, but in the wrong direction.
i see the usual diluters on the ask.
what's the current float?
if the dilution machine is printing shares, the technicals really doesn't matter
still heading to your predicted close?
i think you would be happy with a .035 close
that's exactly my questions. it doesn't look like this ss needs any tightening...
can you explain me the purpose of doing this small r/s?
I'm trying to make sense of it
Looks like it heading to .0053 instead of .053...
Who ia buying up all these shares?
Based on what?
got it.
so they have room to fall till .04 before authorizing a larger r/s, right?
i get that.
but does the size of the r/s hurt their chances at creditors? or at Nasdaq for uplisting?
just a question. for whom does it make a difference how large the r/s is? does nasdaque or other creditors look at this?
also, any time frame when the r/s will happen? or will it drop another 30-40 percent daily till we hit bellow .04 and the authorized r/s wouldn't be enough to get to Nasdaq?
Is there dilution going on?
Sure!
Can yoi report back how the meeting went?
Why not wait post split?
I think they left the a/s at pre split level.
That is proof to me that another r/s will happen.
Does anyone know the float here?
Whats the new float?
Is the a/s the same
does anyone have the current share structure? what's the float here?
Why are the so many mm's with 10K? Which means that shares are selling bigly?
A bad performar doesn't always equall garbage when the talk is about a low floater (check my sticky)
Bid is growing
additionally i just got an email from Dr. Garvin (he's super responsive) that they are working on updating the Share Structure on OTCMarkets.com
how much money did he invest?
and does he have preferred shares?
That's not what i was trying to say
There wasn't a sell off but rather price manipulation.
Look how many shares traded from $1 down to .20? Probably less than 10 percent of the float.
Increase in a/s + doing r/s + taking loans.
= dilution.
If you bank on the fact that they are going to repay it instead of letting them dilute, you are either ignorant or lying