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I think they've gotten choked by toxic notes and have given up on creating shareholder value in this. That's why there hasn't been any PRs and they've just been diluting it down to nothing. I wouldnt be surprised if theres another R/S. This is garbage run by garbage people.
I dont necessarily think the actual business is doing poorly, I just think they've given up on the whole going public thing and will continue to do the bare minimum to not get delisted.
My theory as well :) Cant wait to see what's gonna get rolled into this shell
JC in the house! We're gonna have to start calling you Midas, because everything you touch turns to gold!
Glad I was able to pick up a position today on this little lottery. Wonder what Nino Brown's plans are for the Carter?
Lets also be reminded that at 0.01 777 shares is only $7.77. SMH
Can't see the trade data yet but can only assume that someone just bought up a good portion of the ask
Uhhhhh what'd I miss??
Also, I bought in at what I thought was the bottom, pre RS at .0001
I think most here did not grab a falling knife. I along with many have been in pre RS. Back when this looked promising and not a heaping diluted pile of shit. Not sure what Chris Davenport and Tim Armes reputations were before, but they're permanently destroyed as far as the stock market goes forever.
Hmmm... should I close my position and keep my 7 dollars or let it ride to 0? Lmao *cry* what a blindsided disappointment this was, and it didnt have to be. Management made this what it became. Very sad.
Super sad. I've been following the story everyday and was really hoping they'd find them.
We are absolutely due for a price correction but I do not believe that is going to happen until company gets current (Q still late) and releases some PRs about what they're doing. We also have to remember the massive R/S, heavy dilution, late filings and the fact that this dropped from almost 2 dollars to a penny in a few months. These are all major stains on this ticker that are going to take a lot of time to fade in the eye of the public.
Looking forward to watching shorts scramble tomorrow morning...
Hi Thrifty, glad to see you back on the board. What's changed your sentiment? Last time you posted you had some very different opinions.
Tell Ludacris to leave FLES alone
How low can you go, how low can you go
New low. Happy Friday! *cry*
Log into your account on TD account on their website and you should find it under
Client Services> Subscriptions> and then click subscribe next to "Real-Time NASDAQ Level II Quotes"
Also to my knowledge you cannot access L2 on their website. It's only available through their trading platform ThinkorSwim which you can DL on PC or the mobile app.
It'll take a few days once you subscribe, but on the app it'll show up under "Show FLES details" once you've selected the position to view.
TD has free L2. You just have to subscribe to it.
Interested to see what happens to that 0.011 bid once the faucet opens this afternoon
Jack's phone number if anyone wants to give him a ring- 702-488-9281
Keep in mind too he's in PST, so it's a little early to be calling right now. Lol
While I like to see a little green here or there, I will not personally put any more money into this until it shows signs of a reversal. Whether that be fins out or a technical indicator, whatever
Yes, as Woody said convertible notes. Basically when they don't pay it off by the time the loan expires, the money they owe converts into shares that the note holder is able to sell off at will. Most of convertible notes FLES may still have convert at 50% of the lowest (or highest, can't remember) trading price for a certain day period. So say it trades at $1 for 60 days. They can convert at 50% of that and then they have shares at .50. They just want their money, so they're going to sell it at whatever they can. So in turn, tanking the PPS.
Because of this, convertible notes are no bueno and called "Toxic debt or toxic notes"
If they uplisted, they may still get toxic notes but there may be more favorable terms. Better conversion rates, etc.
I am thinking they will not dilute this to under a penny. If we look back, they said they had intentions of uplisting. OTCQB requires it to be over 0.01 for 30 days after application along with audited fins (amongst other things) Perhaps the fins are taking so long because they are preparing everything for the uplist as well? Once they uplist, they will have access to less toxic funding too.
On the bright side, we've been getting a PR once a month for the past couple months. Looks like we're due for one this month. They only post them at 9 AM EST so far.
Since when has stocktwits had anything for PTC?
MAY-THE-GREAT-GOOF-SAVE-US-ALL
Well I have been in this pre RS. I bought at what I thought was the very bottom, 0.0001. After RS it ran to $1.88 and had a few other spikes before it started its tanking party.
On the bright side, its not over until you sell. There is still a possibility of this eventually turning into something.
I'm very sorry for all of us that this isn't working out. We were all misled but our own greed is what put us here. We had plenty of opportunity to turn a profit and be done but we all thought there was more.
Happy Birthday!
Steffan told me prior to Jack taking over that he was just taking over his contract, so I'm assuming the terms are identical.
NEW HIGH!! If we see our usual 30% gains on run days we're looking to hit in the 90's today.
548.50k sitting on bid at 0.0133, hmmm
I would be over the moon for .20 at this point... lmao
Bid is climbing up. Good to see it start to support the price.
Never thought I'd be getting excited for 3 cents! Lesssgooo!
New high! Come on dollaaaa!
Also based on their PR history, we can pretty much expect a PR this month since they have posted at least one per month since May.