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Welp, there's the first dilutive cross-trade of the day.
13.41M shares. I wonder how many 10's of millions of conversions will be dumped today??? Yesterday, they dumped over $140,000 worth.
Or are they finished for a minute? We shall see. Watching MM movement on Level 2 closely for clues.
Yep, looks like dilution will be bad enough to take us under a penny today. Rat bastards timed an increase in conversions with news...AGAIN!
God, when is this little scammy brian guy going to JAIL??!! Geez, this guy is such a freaking scumbag scam artist.
The problem here is when that super 8k comes out, the price will be so goddamn low by then, that it'll have to run 200%+ just for many people to get back to breakeven. This is the exact shitty scenario that happens to so many OTC companies that are riddled with horrible dilution (although the dilution here was about as bad as I've seen in a looooong time). 1.5 billion shares diluted in just a few short weeks. In just a matter of weeks, the share structure was decimated. And convertible notes are still being issued.
I hope everyone here is clearly seeing how the ceo has duped everyone. Each person should be pissed as hell. I feel bad for this new gal who has jumped into the business bed with a crook.
I thought this stock was "GOING TO .05++!!!!!!!"
Hell, it can't even sniff .014 without going straight back down to a penny. Over and over and over.
Whatever happened to .05+?
Hahahahahahahaha....$2.25. That's about as outrageous as that claim today for $3.00.
SMFH...some of the dumb, outrageous shit I read on here!
If they'd just chill on the dilution, this could get back to 006+ in a hurry!
Yep, just as I suspected. OTCX and PAUL teaming up to dump many millions of conversions straight outta the gate this morning (this company has a horrible history of dumping conversions on news days), and will likely dump the entire day. Not an effing chance this even goes above .013 with these clowns dumping so heavily.
And today, they even tried to pull the good ol' trap by running it up a little early on to dupe some people into buying, then wham!, they started dumping heavily at slightly higher prices.
Nice work, little scammy brian. Now we go red for the day.
LOL...all the newcomers to this stock are now getting a taste of dilution. This company has a loooooooooooooong history of dumping conversions into the market.
Just hope there's enough buying to keep up with the dilution today.
Unfortunately, legal actions have done nothing. In fact, I'd say the manipulation is even more blatantly obvious RIGHT NOW than it was in the past before the threat of legal actions.
There's just no way for anyone to prove who is doing this. Without the help of governing authorities, there's no way to put an end to this. The only hope is that strong enough news comes along someday where the buying will overwhelm the manipulators and they won't be able to use their 200k to 500k tranches to completely control the price.
Without substantial buying, they will continue to throw 200k to 500k lots on the ask each day at a lower price each time, take their little 20k to 50 chops on the bid, and walk the price right back down into the 004's.
If people don't want to see this happen, the only course of action is to fight back, continually tear down their little walls on the ask, and be prepared at close each day to fight their maneuvering to take a quick shot at lowering the price right at close.
Oh lovely. News. They usually turn up the volume on conversions on news days. Guess we'll see if it holds true this time as well.
Expecting to see OTCX and PAUL smothering the ask from start to finish today. How many conversions will hit today? 25+ million again (similar to their daily amounts last week...except for Friday)?
LOL...this is not going to $3.00.
Maybe a penny, IF they can keep dilution in check.
Perhaps you should educate yourself on T-trades and dilution.
Damn, they CHOPPED on it the last 30 minutes of trading today, and especially the last 5 minutes. Time for these jokers to cool their goddamn jets on the dilution/conversions. That was quite a large t-trade, confirming huge dilution today. $140,000 worth of conversions hitting today in 1 day!!!
Back to their same old ways.
Yep. The rah rah crowd seems to intentionally leave out the important details like this.
Plain and simple: what was once an amazing share structure was completely destroyed in a very short window of time. And little scammy brian CONTINUES to issue even more CONVERTIBLE notes. More conversions coming to a market near you.
At some point, he'll be so backed into a corner that the only way out is to reverse split. And honestly, that doesn't feel too far off.
These guys need to slow their effing roll with the dilution today. OTCX processing conversions like they do on so many OTC stocks. Yuck, ugly.
Nonetheless, I re-loaded today. Just hope they ease up the conversions hitting soon. Looks like conversions are gonna cause it to close near the low of the day. Booooo
Guess they're not quite ready to let it go yet. Getting hammered with some dilution today. Decent opportunity to re-load.
Horseshit. They diluted 25 million shares PER DAY for days and days in a row. That was more than 5% of the volume.
Know the game.
Yeah right. They've been diluting this thing LIKE CRAZY for weeks now. Just look at the share structure history.
CEO is a straight-up fraud.
Good post. These manipulators seem to have an unlimited supply of 200k to 500k tranches to control the price. It's such a damn shame.
This stock is worth 3 to 5 times the current prices, but it never gets to recognize its potential. I've been here a long time. It has been a trainwreck since "D day" when we woke up to a 75% haircut before the market even opened.
I believe the manipulation has something to do with the losers of the lawsuit. But who knows? Could be anyone. It's unreal that it has gone on for this long and the regulators just turn a blind eye.
The manipulators do the same things about the same times each day.
Here we go again, bitches! Back to 006+
So you're telling me that if you have $1000 cash sitting in your account, you can buy more than $1000 worth of an OTC stock using Fidelity?
I'm not sure I believe that.
I can trade all the NASDAQ, NYSE, or ASE stocks on margin I want, but not OTC stocks. I was under the impression all brokerages were the same regarding OTC stocks. I thought it was a Fed rule. But maybe I'm wrong.
You can't buy OTC stocks on margin through E-trade. Only cash...always. Although if you buy shares with cash from a trade that hasn't "settled" yet, then technically you're buying it on margin.
But E-trade does not allow you to buy OTC stocks worth more than the cash balance in your trading account.
Bastards. They've put through millions of shares at .0038, but they continue to skip right over my order. How is this possible (or legal)????
There's really nothing left to say here. The dude running this company is a diluting whore, and it seems no amount of buying power will offset the constant conversions hitting the market from the notes this whore issued.
Maybe this will be the week where this trades back under a penny?
Sure looking that way.
Ahahahahahahahahaha...YOU LOSE, effing manipulating assholes!!!!
The rat bastards dropped the ask down to .0057 with 500k shares with just a few seconds left in trading knowing people were going to attack the ask, and they could successfully close it red for the day.
Nobody attacked the ask, and we closed even. Bwahahahaha...SCREW YOU, manipulators!
God, these manipulating bastards are AWFUL! I can hardly wait when this thing runs and they watch in pain.
While I'd love to say "I agree", I don't agree.
They've done this every single days for months/years. You would think they'd eventually run out of shares, but it's unending. They are able to control the price easily on a daily basis with maneuvering of less than 1 million shares. The game is easy for them. They're masters at it.
I'm just hoping someday there will be enough interest here to overwhelm them and they can't keep up. That's the only thing to put an end to this.
I've been here a long time. The governing authorities turn a blind eye to it. The only way to keep up and not let them just walk this back down to .003 is to continually fight back.
Same ol' effing dumpage shit here. Just business as usual. little scammy brian destroyed the absolute shit out of this share structure. Maybe even beyond recovery. What a dilution whore.
Once again, buying can't keep up with dilution. Back to business as usual.
I wonder how many red days we'll have this time? Last go round, it was 9 out of 10 red days.
I put in a buy order ABOVE THE ASK, and the MM's won't finish filling the rest of the buy order at .006, because it will actually allow the stock to trade green for the day. And they're not showing the remaining part of the order on the bid at .006. The first 20k shares, they filled at .00545, even though the buy order was entered at .006 - ABOVE THE ASK.
The manipulation is so effing blatantly obvious here. It makes me crazy. And there is no governing entity to stop it. The turn a blind eye. Literally the only way to put an end to it is to muster up enough interest and collectively beat the shit out of the ask.
God, these manipulators are criminals. It just makes my blood boil that there's nothing we can do to put an end to this so this stock can be trading where it should be trading.
It never ends. All we can do it fight back. I just hope to God some day there will actually be enough buying interest here that fighting back actually results in a rise in share price. Until that day comes, these manipulators will do their thing every single day and keep a lid on the price. It's so unfortunate that a company that looks better financially than 95% of OTC companies can't actually trade above .015 where it belongs. It's really a damn shame.
Peace out. I'll just keep fighting. That's all I can do.
What a bunch of sorry bastards. Right back to heavy dumping of shares. Under a penny this week?
They got real damn close to under a penny last week. Maybe this will be their week.
cashstrapped, isn't trading OZSC sooooo much fun???
weeeeeeeeeeeeeeeee
LOL...news didn't slow 'em down AT ALL. Same old games. Already actively doing their little chops on the bid.
I'm ready to fight these a-holes.
If they want to make it their life mission to take this stock lower, I'll make it my life mission to fight back. Sick of it.
OTCX smothering the ask again. Lovely. These clown ass bastards gave us exactly ONE DAY (Friday) with no heavy dumping of conversions. Right back at it today.
Awesome news! Good to hear the formal announcement that CMGO is now fully reporting. Long road.
But will it be enough to make the constant manipulation slow down? We shall see. Regardless, I'll be here with cash every day this week to put up a fight against the manipulation. Feel free to join in the fun.
My guess is the manipulators will continue the exact same game they've been playing every day for months/years. And in case you're new to the board, the manipulation is constant whacks on the bid with 50k to 200k shares, and constantly throwing a few hundred thousand on the ask. And they are particularly active usually in the first few seconds of trading (they like their daily little bidwhack right after open), and in the last 2 minutes of trading where they try to maneuver the price lower every single day right near close.
Here to put up a fight against the manipulators each day again this week. Hopefully others will continue to join the fight.
Back on Monday to fight the good fight.
guess we'll see what happens here next week. will brian continue to dilute this into oblivion?
BS. He has issued $1M+ in new notes.
lol...this clown ass CEO dangled the carrot for an after-hours Q&A on his shitty little discord channel on Thursday. Late in the day, says no Q&A as promised and reschedules it to Friday after hours (and blames in on "legal"). Friday trading day comes & goes. Still no Q&A. Blames it on legal again. Says "everything will be answered in the 8k".
LOL...this guy is a chickenshit goddamn clown.
No wonder people don't trust this moron.