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Ask is thinning out today and we're hanging on to that bottom @ .001.
Hopefully some movement coming, this waiting game is always a pain
Someone sold $20 worth of shares to put us back at .001 lmao
Who knows what IVS has going on. The do usually announce their next project along with the tweet advising updates on their last project will come from the new company along with the announcement of the next one, but we did at least get the nod that they were done with their part.
The real estate thing was totally speculation based on the original intent of merging Xtra and J&R Development. I haven't seen any confirmation that XCM is involved with PCLI yet, so I'm trying to take the approach of "anything is possible" for now. It's still entirely possible this ticker has nothing to do with Xtra at all.
It's also odd that he has a third entity, Xtra International, registered in Wyoming. I'm wondering if it's a long-term plan to merge all of the entities under one namesake & ticker.
I'm also loving that the new bottom here has been set pretty firmly around .001 for over a week now. Up we go!
It would make sense with a lower % of outstanding shares of the available shares. There's already 75% outstanding, so there would only be so much room to dilute before needing an r/s to get back to a reasonable float.
There's also a chance PCLI won't have anything to do with crypto. Looks like he's got a few real estate ventures out there as well, maybe he's looking to merge those under one publicly traded umbrella to keep his crypto ventures separate.
Email Knudson and ask him what's up. You can find his Protocall and gmail addresses on the Protocall filings on wyobiz
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=011183225210165031222238043061228042210180195229
And that was me throwing some leftover cash at it, so it’s not like it’s getting new attention either haha
Word on the street is the Russians are setting up a Bitcoin roadside stand in Moscow. Bitcoin is going to hit a billion dollars and by my calculations this should hit $150,000 / share in no time!!!!
Definitely. And that part really stuck out to me and kept me from jumping in. I'd be holding today if it wasn't for that and the confusion with the asset divestment (which I still maintain the idea that Xtra Crypto Mining got the goods and I'm still not even sure what Bitcoin got out of the mix)
I wonder if Knudson would offer the same advice for PCLI that he did for the other merger per his email to someone else on this board... Something along the lines of cautioning before investing in the ticker until the merger docs were available and OTC Markets updated. That might clue us in, that warning makes so much more sense now.
I was talking about the other company not PCLI. Who knows what’s gonna happen here. Let’s just hope it’s good. I’m fairly certain it will be once they announce it
If this the Xtra Bitcoin merger plays out anything like the usual r/s, it means sell on the announcement and get out before the filing
We already knew the merger was legit.
I don’t have a stake in it so idc either way, but they’re not looking to uplist or meet any kind of threshold for authorized shares, so I’m pretty confident they’re about to dilute the crap out of shareholders
40:1 r/s is unfortunate though
Oh yeah, I know it’s going to be a longer process, but the results so far are promising
Clearly you don't comprehend the PR. Go ahead and believe whatever you'd like. We have actual documentation and you have... an opinion.
You’re leaving out the part where they stayed all of the mining assets were divested from Xtra Bitcoin after the XTPT merger failed.
Long here -
Based on what factual information?
Not in this case, that's the number of shares relevant to the cancelled notes discussed in the 8-K yesterday.
I'm sure a few others picked up on this, but Knudson also reserved the name "Xtra International Incorporated" in Wyoming as well, which I thought was interesting but not necessarily relevant.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=137025156233126181094144022034218166133175097063
They pulled back 220 million shares from being diluted into the market this month. I have a feeling our conversations about fractions of a penny are going to be laughably small peanuts in the near future with the way this Hylen dude is operating
Not today, but if the uptrend continues for the next two hours we might see it break .02
I feel like there's still some confusion here - they won custodianship awhile back. Custodial duties have been satisfied and they were cleared to sign it over to the new owner yesterday. I think Knudson is waiting on his hardcopy paperwork to arrive since it was only filed 2 days ago
That swap for C shares sounds like they’re pretty confident that the share price is going to go for a nice climb and the lenders are too. I think the next 10-Q will lay it out for us
Not quite - the Custodianship was discharged after satisfactory progress, and the new company has the green light to take over on a permanent basis
It’s missing the “h” at the beginning of “https”
but... but... someone told me this was abandoned by IVS!
None of that is correct. Literally all of the official information available says the exact opposite of what you claim. Cute how your own source calls BS on your claim so you go for several bigger falsehoods to cover it up
Quoted from your own source (which is the same PR as my source):
When that proposed merger did not come to fruition, XTRA's crypto-mining assets were divested on May 31, 2018 to form affiliate Xtra Crypto Mining Inc. and divested its residential subdivision development land to affiliate The Pines Townhomes LLC on July 9, 2018.
So basically you're telling me that TCEL got none of the mining assets? Sounds like good news to me.
Yeah that last drop hurt. They need to pipe up and say something of substance to the market or this thing's heading back to the .0001's and .0002's
Anyone who reads (and, apparently, can actually comprehend words) it will understand that the mining assets were divested into Xtra Crypto Mining Inc, as the article states. Show us some proof of your claims, not just wild speculation. I gave you a direct source, let's see yours. I'll wait.
It literally says so in the press release everyone is up in arms about -
"When that proposed merger did not come to fruition, XTRA's crypto-mining assets were divested on May 31, 2018 to form affiliate Xtra Crypto Mining Inc."
https://finance.yahoo.com/news/officers-directors-merger-details-004000070.html
They just issued the order for custodianship discharge yesterday. Jumping the gun a bit there.
That's all hypotheticals based on what happened with the last company. You're representing it as fact, and I think this company has enough potential in its own right to not need to speculate on issues with no (current) merit. Do I hope you're right? Absolutely. But for now, we don't have much to go on until we have something official from the new company
Look, most of us want to see this skyrocket, but there is no indication at this point that anything will be done with the 509 million shares that IVS previously mentioned. In all reality, it looks like they increased A/S to deal with those shares. If you have proof otherwise, by all means please share.
I don’t see it being a bad thing. Update most likely, or a rebranding to for the new ticker.
I hope so. The current one leaves a good bit to desire lol
Is the Xtra Bitcoin website down for everyone or just me?
https://xtrabitcoin.com
Dude... it’s floating around 0.83% lower than yesterday’s close. Calm down. People hanging out on this board are def the ones feeding MMs their cheap shares at every panic drop