Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
China stocks are going crazy. May be this one gets attention. If they update on OTC this will go nuts
The pps was above the upper BB. Could have gone either way depending on supply/demand. Profit takers are getting out and will buy back lower, maybe tomorrow for the next round. Looks like SMA(8)=$0.0094 may work as a support which will confirm the continuation of the upward movement.
as far as I read the chart I see 2 more up-days (today and tomorrow) before pullback tomorrow without any catalyst.
But chart can be 50-50 when the pps is above the upper BB. The upper BB is at 0.0118. It can go up or consolidate. I think it will be 2 more up days.
It could be $0.05 by Friday. The way it seems to be getting merged, the OS would be 1.67 Billion (held at DTC) or less. Generally, the merging company would retire/cancel the common shares in their control and hold majority voting rights and ownership via preferred shares that can be converted to common later. 1.67 Billion is held at DTC. If the company chose to minimize that number they can buy in open market at such low pps which would be ideal. But you never know what is happening in the OTC land. Fingers crossed.
It could be $0.05 by Friday. The way it seems to be getting merged, the OS would be 1.67 Billion (held at DTC) or less. Generally, the merging company would retire/cancel the common shares in their control and hold majority voting rights and ownership via preferred shares that can be converted to common later. 1.67 Billion is held at DTC. If the company chose to minimize that number they can buy in open market at such low pps which would be ideal. But you never know what is happening in the OTC land. Fingers crossed.
If the RM is true then the Co can buy back more than 1 Billion shares say for $10M-$20M cash in the open market and easily hit $1+ pps and a lot more. It would be worth it.
Where did they get the money to pay the debt?
doing DD
Thanks in advance
$SONG (+17%)- Miley Cyrus, Elton John, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey- NEWS
https://www.otcmarkets.com/stock/SONG/news/story?e&id=2701047
$SONG (+17%)- Miley Cyrus, Elton John, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey- NEWS
https://www.otcmarkets.com/stock/SONG/news/story?e&id=2701047
$SONG (+17%)- Secures Coveted Royalty Stakes in Masterpieces by Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey
https://www.otcmarkets.com/stock/SONG/news/story?e&id=2701005
$SONG (+17%)- Secures Coveted Royalty Stakes in Masterpieces by Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey
https://www.otcmarkets.com/stock/SONG/news/story?e&id=2701005
$SONG (+17%) reduced OS to under 800 million shares and doing everything it says doing.</B>
Music Licensing, Inc. Achieves Historic Milestone: 77.5% Reduction in Outstanding Common Stock Shares and Acquisition of Iconic Royalty Stakes
https://www.otcmarkets.com/stock/SONG/news/story?e&id=2702419
$SONG (+17%) reduced OS to under 800 million shares and doing everything it says doing.</B>
Music Licensing, Inc. Achieves Historic Milestone: 77.5% Reduction in Outstanding Common Stock Shares and Acquisition of Iconic Royalty Stakes
https://www.otcmarkets.com/stock/SONG/news/story?e&id=2702419
Although OTC is mostly scams, with tis kind of news it should be trading in pennies/nickel and dimes.
Tweet $EARI - Further commenting, Rubin said “Concluding this acquisition accelerates the EARI Beverage Group to well over $20 Million in annual revenues and our plans to up list to Nasdaq. $.0023 $EARI #Nasdaq #Uplist #Mentioned Further commenting, Rubin said “Concluding this acquisition accelerates the EARI Beverage Group to well over $20 Million in annual revenues and our plans to up list to Nasdaq. $.0023 https://t.co/QwSjBNiTdn
Tweet- $EARI - Further commenting, Rubin said “Concluding this acquisition accelerates the EARI Beverage Group to well over $20 Million in annual revenues and our plans to up list to Nasdaq. $.0023 $EARI #Nasdaq #Uplist #Mentioned Further commenting, Rubin said “Concluding this acquisition accelerates the EARI Beverage Group to well over $20 Million in annual revenues and our plans to up list to Nasdaq. $.0023 https://t.co/QwSjBNiTdn
40X - Load EARI - $0.0024, Rev=$15M, Float= 110 Million, 40X+ potential here Moving up quietly without anyone noticing it.
40X - Load EARI - $0.0024, Rev=$15M, Float= 110 Million, 40X+ potential here Moving up quietly without anyone noticing it.
EARI - $0.0024 (+27%) Rev=$15M, Float= 110 Million
EARI - $0.0024 (+27%) Rev=$15M, Float= 110 Million
210 Million shares stock option at $0.017 Link Below
8K filed 12/29/2020
https://www.otcmarkets.com/filing/html?id=14586113&guid=W1N-kHXtV1mnJth
OS went up by 449 million in a week. Unrestricted shows 137.4M - the same though.
With the right news will push past $0.05/$0.10super fast. Hot space, commands a huge valuation these days.
RSI hit past 94 during the day on the 15th. Had to cool down for the next leg. Next leg starts Tuesday.
Next hurdles to cross 0.0084 and then 0.021
No one really knows. Check the below post for a company that came back to pink current. Just to get an idea of the unexpected and the time it takes - reality vs expectation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172140332
A standard practice of MM/algo is to put huge ask size to force all weak hands to sell. That way they clear all potential sellers at each price point . Then they will start putting big bid sizes to move the pps up.
They updated the SS numbers on OTC after moving to EM. if my memory serves me right, the previous update was on 6/1/23. So they were diluting during these 13 days while pumping out tweets. They more than doubled the SS, from 334M to 678M, adding 344M shares.
This was all pre-planned. They even spent some money to get the audited fins to make it look real. OTC is full of scammers but these guys are top notch
Heading to 0.0003 while in EM.
Diluted 344 million shares -the difference on OTC OS between 6/1/23 and 6/14/23
https://www.otcmarkets.com/stock/CNNA/security
Outstanding Shares
677,841,851
06/14/2023
Example of a company that went through the process
---------------------------------------------------------------------------------------
1/20/23-Form 10 filed. Form 10 should be effective on Tuesday, March 21, 2023.
2/2/23 - We provided our response to FINRA comments today
2/17/23 - We received the SEC comment letter.
3/3/23 - We are filing Form 1 Amendment No. 1 today.
3/24/23- received the SEC comment letter in which we need to amend the Form 10 with 2022 audit. FINRA comment letter correlates to SEC. We will apply for OTCQB. CE should be remove around a few weeks.
4/5/23-is filing Form 10 Amendment 2 with December 31, 2022, Audited Financials.
4/18/23- Received SEC comment letter last Friday. Only 4 comments, about deleting a few items. We turned it around in one business day.
4/19/23-got the no comment letter from the SEC. Their review is completed.
4/20/23-FINRA Response letter was submitted yesterday. Only three comments. 1. SEC no comment letter, 2. update dates. and 3. a missing document. All fix
5/12/23-received FINRA 211 Clearance Letter. The letter was sent to OTCmarkets for CE removal.
5/12/23-we have already received a response from otcmarkets on the removal of the CE from our Profile. They requested some updated information and we have already sent it.
5/16/23-OTCMarkets updated our profile for Piggyback Qualified SEC Reporting and 211 Cleared by FINRA. The last thing is the removal of CE. OTCMarkets emailed us on Monday, stating that they received 10Q. We will apply for OTCQB. Then another request will be Penny Stock Exemption.
5/24/23-We emailed otcmarkets for an update on the CE. They emailed back stating that we will have an update by the end of tomorrow.
5/25/23-CE Removed
For ticker ATV****K
The above was taken from their tweeter feed/updates
and he was clever not to mention anything about NOT moving to EM.
credit facility generally means a line of credit as a simple loan NOT an equity line of credit which would be tied with equity. That is just in general terms.
The Co could have sold 3-5-10M shares a day and the pps would have still moved up and they would have made more money and still keep selling. Now they killed the stock-they can't even sell more shares. Just another idiot scammer OTC CEO.
At least the shares are getting updated on OTC every day. So we should know how many are being dumped today. Yesterday's dump was 84 million.
It is up to the company now to how many shares they want to dump and till what low price. They can dump all the way to 100 B AS at 0.0001 and no one can do anything about it. It is clear they are happy to dump at 0.0005.
George is not going to STOP attacking. The Co has to counter and prove that his statements are wrong. The Co is not even taking his name while he is calling out names and showing evidence that these guys are just out there to con.
Right or wrong George Sharp has done tremendous damage. He is naming names and calling it a scam that is affecting the pps. The Co can send a legal notice at the minimum if he is lying and destroying the stock.
Why can't they upload the audited financials if they were able to upload the 8K on 6/1/23?
VIDEO-How To Update OTC Company Profile ( 3.5 mins long video)- It takes 1-2 days for OTC to verify it
$CEOS may do an $AL**PP Flipping during the day or without shares overnight could be too risky here. They could tweet about # of vets signed up and it will take off. I left a ton of money on the table with $ALPP. I had a GTC sell order and got sold out under $0.20 with 50+% profit. But it went up to $9.49
https://www.barchart.com/stocks/quotes/ALPP/technical-chart?plot=CANDLE&volume=total&data=MO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(20);SMA(50);SMA(200);ACCUM;CHKMF(20);CCI(20,100);SMACD(12,26,9);RSI(12,100);STOSL(14,3);PVT;SMA(34);SMA(8)&sym=ALPP&grid=1&height=500&studyheight=100
$CEOS Flipping during the day or without shares overnight could be too risky here. They could tweet about # of vets signed up and it will take off. I left a ton of money on the table with $ALPP. I had a GTC sell order and got sold out under $0.20 with 50+% profit. But it went up to $9.49
https://www.barchart.com/stocks/quotes/ALPP/technical-chart?plot=CANDLE&volume=total&data=MO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(20);SMA(50);SMA(200);ACCUM;CHKMF(20);CCI(20,100);SMACD(12,26,9);RSI(12,100);STOSL(14,3);PVT;SMA(34);SMA(8)&sym=ALPP&grid=1&height=500&studyheight=100
It would be nice if they tweet how many have signed up already.