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Poor lady got f'ed so hard that she won't even realize how her holding will be reduced to mere 5 Mill if they decide to RS when this will tank to the trips.
Wonder what got her into this scam.
Bet those cold callers are on it.
The point is not with the math here, but rather sudden rise in AS.
Typical OTC scam like most of them.
This stock is just to trade and not invest for sure.
Flip it whenever you can.
And Greenland is not green BTW...LOL
That a good analogy you gave that fits in well. They paint the wall with color green, whereas the wall is it itself red inside.
That is done just to keep everyone on guess and keep buying.
It looks as though they don't care about being on OTC QB at all.
They prob know that they don't have much time to run this scam. So they will file and extension and will issue shares continuously.
Trust me, Monday is going to be a super bloody Monday. One of the epic moments in the comp history.
Everybody will be getting out.
Another red flag is, why did they release 8K only after-hours?
7%?
That 52 Mill Shares are like 0.1% against 8 Billion AS.
This is toast for real this time.
I've seen scam companies keep the hope running by lying the investors and then doing everything opposite.
They authorize shares in the intention that they will issue them someday. And that soon it not far away obviously how they've been acting lately. This is a slow death.
Its time for everyone to call it quits.
Now the question is, when will they start diluting by issuing the shares under the rug.
I kinda figured out when they released that doctored Christmas e-card, which looked so lame BTW.
Lo and behold....
The worst news everybody anticipated about increasing the AS. And that even by 7 folds.
Angelo is a crap man, and not a man of his word. He is a thief out there to bilk money off of people by scamming them.
If we don't see anything by next week, we know what is going on.
lies
LOL...
If you fervently pray, then that could be it.
But its very hard to trust your life onto this comp.
If this turns out to be fluff, then you owe me every penny...lol
But it looks too good to be true. At this point i'm more confident that a dead person would rise up than this dead in the water pig.
Are you talking about Angelo Ponzetta or someone else.
If its coming from Angelo's mouth, that means we already know what is going on. It is all bs just to rile up the investors and then dilute for funds.
I didnt read it yet, but are there any restrictions on shares from selling at any random point of time? If there are no restrictions, then she will try to dump and dump it any time.
She is not a big publicly known investor anyway.
You know for what sp she bought those 52M shares?
She doesn't look that well to do. Plus she has some shady criminal records, which we can tie to some sort of conspiracy to do something with bad.
Need to keep an eye on where this is heading. If someone could positively shed some light then it'll be good to know.
What is the implication here?
What does that filing tells us? Good or bad?
I did. And bought them again seeing it going up
Thats what I'm asking you. How it is possible to dilute without dropping S1.
Comp is already in violation previously many a times by undertaking some shady business tactics resulting in this current situation.
What is a big deal for it to violate this (Don't give sh..) SEC rule that mostly OTC scams get around with.
And you know SEC goes after someone only if they scam big time and over a period of time.
That means someone is selling the shares which he has plenty. And the plenty can come mostly from issuance. This is the same pattern we've been seeing while it was brought down from 0.01 to the current sp by dilution.
If you slap the ASK it remains the same. Now figure.
Looks like they are still diluting without any notification put out. You said that the SEC enacted a new rule from 2019 that the companies need to put out notice before issuing the shares.
If they are diluting, then they are in violation of that rule.
What are the consequences for violation of the rules.
Big pumpers could easily manipulate by posting their desired bs on these blogs that has no credibility and connection with company's internal affairs.
This stock looks bull and shady to me. But keeping an eye though
We're already into an extension period, and I doubt OTC gives you innumerable number of extensions to correct the sp. That will be a joke; which this company already is.
Wondering if they are still diluting. If that's the case, then according to the new SEC rule, it will be a violation, eventually putting this company into Caveat Emptor status.
Jan 16 date is approaching.
The stock needs to jump close to 1000% higher to stay on QB.
They are done. Time ran out to make it to 1 penny.
Any Time?
Don't they suppose to announce the Record date and the ex-dividend dates before the dividends are paid out?
What the heck with sudden dumping?
That is a lot debt without anything happening soon. Not looking good.
I believe in the company's fundamentals over yours and mine opinions on this. Coz I know that at last fundamentals will prevail over rumors, and they look promising so far.
Everyone have a blessed and happy New Year! :)
I'm in no position to capitulate on this, and I don't want to sell out in desperation. I will and most of us here have to stand our grounds despite the ground underneath has softened.
Not sure why this is the only stock among all mj stocks been affected. So far down over 75%, whereas most mj stocks are down in 50%. Whats more astonishing to me is that when the sector comes down, this comes down, but ironic part is, when sector goes up, this stays stagnant.
Not sure what market can see that I can't. Can anyone explain to my blindness on such valuation?
As far as the revenue goes, we are at much better position than most of mj lp growers. But why still down? Because of lawsuits?
What a jerk he is?
This is like insider trading where he sold off before it fell to the trips.
I trusted him on his words, and he betrayed us.
So Sean turned out to be a traitor persuading us to hold on and selling himself?
What evidence you have that he sold off his shares. Evidence please and then make statements like that.
Or you're just assuming that he did?
I'll find out about that.
so they will give a pile about that listing then.
That means, no news soon then.
Why so much hype about catalysts before Jan 15.
Plus Angelo can't play his open game anymore.
I'm currently confused whether to believe that they will put out any catalytic news before Jan 15. That time frame is way too less for them to legitimately put something out.
I think they will default on their QB listing.
Do you know when does that rule apply in 2019? Beginning Jan 1st?
If so, they cannot issue (dilute) a single share into market without S1 after Dec 31st?
That's good.
Now Angelo won't be able to scam us without telling us that he wants to scam by diluting.
You mean that they can't sell Approved shares to dilute without putting it out in 10Qs that they are planning to issue shares?
And what is that SEC rule, please?
I'm sick of seeing huge stacks on ASK everyday.
Can anyone tell me where do they get those shares from to sell? Could they be Naked Shorting this?