hoping to make enuf for a bottle of cheap port
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8 million dollars invested?? or they have been awarded 8 million dollars worth of stock
I do see they have carved themselves out some handsome salaries
YAWN..........................
actually it is not my 2 cents. The information was posted in the recent financials
funny thing about reading financials... separates the wheat from the crap... I mean chaff
they are losing about $400k a month and their convertible note debt will continue to plague them
Convertible notes payable - Long Term, net of discount of $1,843,659 and $2,238,730
$18,252,153
"so anything is possible"
savvy investment strategy
what the company is doing quarter after quarter is certainly a feather in the cap. The problem lies in what the company did (equity financing) to get there.
combine using their stock for a check book and the total disinterest in the entire sector adds up to a lethargic stock that will not recover without a sector wide catalyst
won't dip low enough to add to the 1.08 and won't move high enough to make a little coin
You and me both
seems to be a slim channel to play here. My last buy at 1.12 was a bit high but unloaded at 1.21 on Tuesday
with today's lower entry I should be able to play that slim channel with a bit better return
crap, should have been paying attention on that dip to 4.41
another add would have seen my average below 5.00
no brainer
holding 5.175 average
started reload at 1.08
added 4.95
average 5.175
nice little bump this morning
will it hold??
nothing like a day trade turning into a long term capital gain or loss
good luck with that
that's ok that you don't understand
maybe when you have been around for a bit longer you will get it
lol, they "lured" investors?? that is a really sad statement but I guess some people actually get "investment" advise from anonymous individuals from the internet... sad but true
Expecting "integrity and honesty" on the pink sheets might be an exercise in futility
I don't think they twisted anyone's arm of forced anyone to buy stock
when people trade garbage they are signing up for the outcome
if people want stocks that are worth something they should probably stick to blue chips
OTC is merely online gambling
update about what?
there was no mine there was no gold. Talbot was lying about all of it
read the letter to shareholders posted on otcmarkets.com
In at 5.40
Well, maybe... just maybe
I understand that 100%. I also understand by reading the filings of the latest capital raise that they are going to have to raise the Authorized. I also understand that the Delaware SOS site where the company is domiciled does not make company filings available with out a 20 dollar fee and that the company has 5 days to issue an 8k on a material event like raising the Authorized
The TA is only updating the OTC Market Security Details once a week (Fridays). Taking all of that into consideration it is not unreasonable to come to the conclusion that the Authorized could be raised and no one would know for 5 business days... good luck with the .003's and "high .002's)... Youngster
it's called toxic death spiral financing.... homie
well, that is certainly reassuring
PAUL is not going anywhere, they are liquidating the latest issuance of free trading shares handed out at a 40% discount to keep the lights on and Dietrich in consumables
Well, another week has come and gone. I would venture to say at this point most with a nickles worth of sense have realized that BSSP is nothing more than just another dead ticker in the wake of Dennis Alexander's path of devastation and destruction.
despite what was hyped, Dennis and Harry were never going to cure cancer. I can only hope that anyone who spewed that nonsense was not lacking the brain cells to know that it was nonsense and in reality the spew was merely about selling their shares at a profit to someone that might be stupid or inexperienced enough to believe.
I think by now most understand that "lots of eyes continue to watch", "still lots of people paying attention" or any of that nonsense was just what it was... nonsense
PT Barnum said it best and even though the OTC Market had not yet been invented.... he was spot on
I sure hope so, out of flipping shares
yeah, sometimes I am really glad to not be the smartest guy in the room. I guess I am just too inexperienced to figure all this stuff out
ah, you mean some noobs bought up the .0001's and a couple of really noobs bought a few .002
no doubt about it... that is a double
another run?? when was the last one, I must have missed it
good luck with that feeling
lol, there are a lot of things in life that are hard to resist that might be better off resisted.... time will tell which side of the equation OGI falls on
PAUL and CFGN selling freshly converted discounted shares. Both trying to outsell the other one
looking for an 8K to disclose the material event of raising the Authorized
took a starter at 1.12 on the US exchange
after hours shows a 5.2mm print
peeps with the experience know what that demonstrates
good luck with those .003's
nothing like seeing this sort of volume with PAUL and CFGN on the low offer
then to top it off the company releases an 8K with a big red dilution flag waving on it
looks like that authorized will be raised instead of a reverse
they are now issuing shares at a 40% discount ... cranking up the dilution machine
Between July 13, 2020 and August 31, 2020, MassRoots, Inc. (the “Company”) issued and sold convertible notes (the “Notes”) in the aggregate principal amount of $176,000 (including an aggregate of $16,000 original issuance discount) to investors. The Notes mature on dates ranging from January 13, 2021 to March 1, 2021.
On September 1, 2020, the Company issued and sold a convertible note (the “September Note”, together with the Notes, the “2020 Notes”) in the principal amount of $49,500 (including a $4,5000 original issuance discount) to an investor. The September Note matures on March 1, 2021.
The 2020 Notes accrue interest at a rate of 12% per annum and are convertible into shares of the Company’s common stock at a conversion price of $0.01 per share, subject to adjustment; provided, however, upon the occurrence of an Event of Default (as defined in the 2020 Notes), the conversion price shall be 60% of the average of the three lowest closing bid prices of the Company’s common stock during the twenty days prior to the date of conversion; provided, further however, upon the occurrence of an Event of Default, the conversion price shall not be less than $0.001 per share. The Company is prohibited from effecting a conversion of the 2020 Notes to the extent that, as a result of such conversion, the holder would beneficially own more than 9.99% of the number of shares of common stock outstanding immediately after giving effect to the issuance of shares of common stock upon a conversion of the 2020 Notes. Upon the occurrence of an Event of Default, among other things, the outstanding balance of the 2020 Notes shall increase to 130% of the outstanding balance immediately prior to the occurrence of the Event of Default. The 2020 Notes may be prepaid by the Company at any time until 180 days from the issuance date thereof subject to certain prepayment penalties set forth in the 2020 Notes
until they announce the reverse split
so you are saying that the merger/acquisition is not happening now and that EFIR is the same worthless junk?