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.
During last couple of weeks, asked fellow members to take money out many times considering the dilution and overall situation telling them that going to no bid, that happened! Predictions cane true. Objective opinions and analysis always works.
If they’re one company, then private company “Ameriguard Security” will be the parent of public company “AGSS, Inc” and that will be mentioned on the filings and everywhere. But you remember on the AGSS filing it says $450k purchase price came from LG’s personal sources. If it was Ameriguard, they have plenty of money, then why would it be paid by LG?
If LG bought the shell, it’s his company/property. If Ameriguard bought, AGSS will be their subsidiary and money would come from Ameriguard not LG.
So you can see it’s not as it looks! I am happy to hear any alternative interpretations!
$AGSS Ownership: “Ameriguard Security” vs “AGSS, Inc”. They’re not the same despite names sound similar, notice the slight name differences. One is a big private co and the other is a public co. Lot going on here. Real Ameriguard Security name is coming from 2003. The new company AGSS, Inc name AMENEDNENT (from HRAH) happened on Mar 11, 2022.
Based on filings, LG bought this HRAH on Sep 8, 2021 for $450k and shares were transferred to AGSS, Inc. Timeline wise, AGSS, Inc. name change happened on Mar 11, 2022 but share transfers happened in Sep 2021, a little discrepancies.
The simplest explanation is LG bought HRAH in Sep 2021 and established a new corporation AGSS, Inc. and transferred shares from HRAH to AGSS, Inc, which is a separate company independent of real “Ameriguard Security”. Again, notice the difference in names.
Because “Ameriguard Security”, big one and “Ameriguard Security Services, Inc.”, sound so similar, people think they’re same. Correct me if i missed anything!
Everytime an OTC goes for an LOI or RM or something else, instead of focusing on whether or not merging is being done right, we start talking about big things about the other side forgetting that marriage isn’t done yet.
While everyone talks about BIG Ameriguard’s contracts and everything, I focus on the potential of merger. At this point, MERGER potential should be the only focus. If marriage happens between these two, all sunshine. Otherwise, it doesn’t help us.
So look for every indication that shows there could be a merger, nothing else is important now
Still waiting on the sideline. Everything is good except for one big hanging sord of 10m prefd shares (1 for 72) priced at only 0.001 that can easily add 720m common shares and ruin this golden egg. If this thing wasn’t there, i would put everything in it.
The big risk is that the preferred shareholders may convert anytime considering huge gains and ruin the party big time. Imagine 3m o/s goes to 723m, meaning stock price will get down to pennies.
If they assure that the prefd shares will not be converted anytime soon, it will go to double digits.
New o/s shares 13.0 billions, just a couple of weeks before, it was 9.0 billions. 4 billions dilution in one month, ridiculous. Few months before, it was under 4 billions. Still more room there to dilute, AS is 20 billions.
As i kept saying they will continue to dilute as they have more convertible notes.
Suggested my fellow retails to get some money out at 2 and 3, if possible. I think their target is to fill 20 billions, then go for a R/S.
I thought of retaking my 100m position back at 1. Now i will just sell my remaining small position and not buying back at 1 either. As i predicted, soon it will go back to “no bid”. Good luck all!
Those are in loss or planning to go long, just plan a little longer. It takes some time for a ticker to move up after a failed attempt. The wound is still fresh. The new plan always takes some time. If you’re going long, don’t rush buying everything now, you may get better price in next few weeks, good luck!
@Trunorth2016: Got your PM, all good. All I say what I think right, nothing personal. It’s not that I am always right but one thing for sure, always try to be OBJECTIVE 100% regardless of my position.
This one the price is good but the problem is already 9 billions o/s shares and AS 20 billions. They have been diluting and stuck with tons of lawsuits. That’s why I say until we get a news, it’s tough. I saw it going through no bid, that was quite frustrating! Until they say otherwise, everyone needs to be a little careful.
Feel bad for some (and don’t wanna brag) but often my predictions come true, unfortunately!
One day there will be a big spike and those aren’t taking a position now, will regret big time.
Remember, often if you take a position on a stock trading at or below 52 weeks low without major issues is a money maker, just a matter of time. DYDD
That’s why asked if anyone can add more to my observations (good/bad). Also I took a quick look, so if something isn’t right, you can correct me.
I am NOT a shorty, lol. Actually, considering to take a position sometime soon.
Sorry, I meant to say 10m convertible Prefshares (1 for 72 common) means 720m common shares (not 72m)
This caught my attention today. So looked into it and some of my observations are as follows: based on Mar 31, 2022 10Q:
1. They don’t have any revenue, which is zero;
2. There was a reverse split R/S on Mar 22 1 for 20 making new o/s shares 3.4m from 68.4 m - good news shouldn’t be any RS anytime soon
3. AS increased to 500 millions - which is quite high
4. They have 10m convertible preferred shares (priced at 0.001) - 1 for 72 common shares- meaning 72m additional common shares are on the card depending on the situation
Thoughts:
Good: Because it had an RS recently and new o/s shares only 3.4m, any merger or business news can help stock price going up.
Bad: 10m convertible pref shares priced at only 0.001, so anytime convering them to 72m common shares can ruin the run and bring back the stock price down significantly.
Anyone wants to add anything good or bad? Thanks
Still holding 64 m shares, if it ever wakes up, let me know, lol.
Hope so. Still have 100 m shares, lol.
You probably, don’t know the VGLS story. A few months before it went to no bid and there were tons of sellers at 0001 and no buyers. I made my 100m position during that time. When it went to no bid for a while, i thought my whole investment in it was gone and i kind of accepted that.
Suddenly, recently, there was a huge volume and it started going up to 0.0003, since i was in it from no bid situation, it was like a lottery for me. That’s why i was suggesting others to sell at 2 and 3 because i know this company and what they have been doing.
Anyway, i don’t have to justify but those who know me and follow me, they know I am the extreme critic of every stock and often i turn out to be in the right side. You said many bad things abput me in the past for a couple other tickers even before PLPL and every time you turned out to be on the wrong side, unfortunately.
There is nothing wrong to be in the wrong side, let’s just acknowledge and move on.
You are wrong. I actually, sold most of my positions here for a handsome gains and left a reasonable free position if in case it runs. I also advised many to take advantage of this mini run and buy back later, if possible. I don’t play games. I advise people based on merits, no pump and dump by me.
I also mentioned if this one goes back to 0001, i will buy back and make my position 100m again. I think it will take some time for it to run unless there is a news or something. So i am not in a rush!
Not sure if you’re being sarcastic! I just give my unbiased opinion depending on the situation, don’t try to convince anyone and if no one listens doesn’t matter either. My trading isn’t dependent on anyone else or try to increase/decrease price and take advantage of it. Because we’re here, just say what i feel may happen based on ongoing circumstances, not always right. Although in most cases, my predictions come true as i take a deeper look and take emotions out.
For short term trading every price point is good as long as we make good decisions, no need to influence others.
Often, i share my ideas for our fellow small retails objectively, never try to take advantage of.
If you think it’s a good one, sure! Good luck!
Weird PR languages to terminate LOI, lol.
My prediction is after a couple of weeks, when averaging down people will get tired of buying cheap and bag-holders will start to reduce positions to buy in other tickers, it will slowly go back to easy bid/ask 3/4. Still some people buying low hoping there will be another deal sometime soon. It’s fresh wound, takes time to heal, sadly.
In OTC, after a fail deal, it takes a while to get another one. They just don’t jump onto another until everyone forgets and forgives recent one.
I suggest existing longs not to rush buying more and new ones take your time, what’s the rush, nothing is going to happen soon!
@Dr. Evil: On paper, the company is in an ideal shape for an RM or something like that. No doubt about that. But I will be a devil’s advocate for a moment. Very rare you will see OTC companies or shells do a successful RM. it’s not that they fail, they actually, do NOT want a successful RM, why would they? They keep this shell clean, do something, keep pink current, make millions every now and then. Such a beautiful business, pretty much you don’t have to do nothing. Filing with OTCMARKET is so easy and keep it current because they don’t have any operations, just file the same thing changing the dates in a timely manner. All you need an iPhone or a computer.
Believe it or not, most agreements/RMs fail because they want them to fail, they don’t want to give up this beautiful money-making machine ever, why would they? Would you???.
Having said that since it’s fairly clean now, there will be a pump again, just a matter of time. I would suggest if there is a run, everyone just make your money and get out when run is hot and everyone is dreaming pennies and dollars, do not hope for a successful RM, that will never happen!
Best strategy is try finding tickers that are around 52 weeks low, recent P&D was done long time ago (and people forgot about), time to run again, o/s shares are relatively lower, volume is spiking and a story is developing and sell when you think you made enough money and DO NOT rebuy that stock until it comes back to where it started from.
You’re iron man@ price and volume! Good job. I said “almost” on purpose just to comfort some people. Otherwise, you’re right.
Most people don’t realize OTC company owners never want to give up their gold-egg laying hens (and control of the company) in the name mergers, acquisitions and LOIs. Instead they will pump it every now and then, make millions and enjoy life. Most of them do not have proper office, addresses, operations, nothing. Why bother, from time to time just do some agreements with friends and other like-minded businesses, pump stocks, sell all, make millions and go quiet, everyone is happy.
Take example of PLPL. The did LOI to market Puriblood’s tech. Do they have anything to do this business? Nothing. Were they in this business ever? No. They were in all kinds of businesses (or no businesses, just LOIs/MOUs/agreements, etc.).
Anyway, this is what OTC is all about other than exceptions.
I normally, don’t say anything bad against anyone that but can’t resist to make a comment about him. Every board I was with him, noticed he goes like this. He is a one way ticket, never tries to be objective. Things can go wrong and you can be objective if something goes wrong, nothing wrong with that. You don’t to justify always. Sorry buddy!
You may be right but remember it’s not the only criteria to go for a run in OTCLAND.
I will just keep my small position here for a little recovery but not adding a penny or averaging down, often doesn’t work simply because we run out of patience!
If you can stay here for long, good for you but I am certain after few weeks, you will give up. Don’t blame you, nowadays it’s hard to stay long, when we keep looking every 10 seconds, lol.
Most people think going long in OTCLAND but after a while, everyone gets impatient and sell and move onto others.
Instead of sitting here for 6 to 12 months, if you find another ticker with similar price but almost ready to go - should you choose this or that?
Once Buffet said “i am NOT doing business, I am an investor, I choose the best among all because all options are open for me.” True, while we can choose another one ready to go, why wasting time here!
Anyway, everyone’s trading strategy is different. Doesn’t mean we have to agree with each other, we just express our thoughts.
Good luck!
@zombywolf: If i were you I wouldn’t put more money in this now unless you want to do some short trade or something, that too will be difficult to sell higher because of tons of sellers, buying is always easy.
I would suggest to look for other similar tickers that bottomed already and rumoured to go higher. They have a better potential. This one will take some time for people to forget this saga. Not bashing, if you’re long enough into OTCLAND, you know how it works. In OTCLAND, thousands of tickers, just keep looking for the ones had issues but people forgot that and hoping now for a new run.
Anyway, it’s up to you to decide what works best.
Probably. The only thing i don’t like about this one having over 7 billion o/s shares. Even at OTC standard, it's high. Anything under 5 billion sounds more reasonable to look for a pump. It's just me.
Good idea but Indian businesses will not deal with all these OTC scams. Most of the OTC companies, if not all, are nothing but scam. Those are long time in OTCLAND, they know OTC companies never ever want to go anywhere. Every couple of years, they pump, make millions and go quiet. Rinse and repeat, all they do.
Let’s be honest, this pump was successfully implemented and it’s over now. They made millions going from 3/4 to about 21/22. They will hide now until all complaining people are gone. Then they will plan a new and that will take time.
When an LOI is done with someone unknown bypassing the company itself, it is always going to be like this. This is why they do all these side/secret deals to begin with.
Some of our fellow board members either do not understand or pump on purpose. Other than a couple, most of those actually move on well before everyone else. They definitely understand this part very well. Smart!
Sorry for those lost some money. Best of luck with future trading!
Lesson for all of us: Anytime, OTC companies make LOI and other deals with anyone other than the company itself (and no confirmation from the other side), almost 100% time, they’re fake and not going anywhere. We saw that many many times before.
Lesson: Just trade, DO NOT go long and dream multi-pennies.
Think twice before loading: Every next pump requires at least 8 to 12 months. You can do short trade in between, gains or losses, that’s fine.
If you’re going big and long, be ready to wait long. See if you have that much patience!
Often my DD and observations are right. Some people keep scolding me but often I turn out to be right. Sorry if i sound bragging like Trump.
Again if you see cheap 6/7/8, DO NOT buy, it’s going much lower unless you know what you’re doing.
Since people got disappointed this time, next pump will be harder.
Verification is the name of the game. Kept telling that.
If you’re a small retail, DO NOT load anything over 0005 until you see something. This has over 7 billions o/s shares. If nothing there, it will easily fall back to 0003/0004. By the time, next pump comes, you will lose patience and sell at a loss. DO NOT listen to “load up at cheap” people, lol.
Good luck!
The run started with LOI. The good LOIs/agreements always keep making direct or indirect news as people get to know the other side, their businesses and or further progress in the form of deadlines for doing due diligence, audits, required share structure changes, stuff like that. If that keeps happening, you know the ball is rolling.
If after weeks or months of LOI, there is no further developments or no direct indirect news, in most cases, you know it’s dyeing slowly. Experienced traders know it and that’s when the veteran traders slowly move on. All the signs are here already. Some sees early, some a little late. Not saying it’s done but nothing is helping the cause either.
With 7 billions o/s shares and being a shell meaning without anything going on, it can easily go back to 3/4 range. Just a matter of time.
Hope they release something to keep the hopes and dreams going!
DYDD!
It’s been over two months for non-binding LOI. There must be some progress report by now.
Since PLPL officially released Puriblood’s name and their tech, i firmly believe there is some kind of side/back door deal there, just not officially with Puriblood.
The only big concern is anytime, OTC does an LOI/agreement with the owner individually or someone else like Jessie or with a new subsidiary of the actual company (instead of making the deal with the real company itself), almost 100% they don’t go anywhere. Of course, this is why they make the side deal to begin with! We saw that many many many times in OTCLAND.
If anyone from NSAV and others, they know how they do deals with some individuals or their newly established subsidiary and keep talking about the actual big company all day long. The best OTC strategy!
This is why trying to bring out Jessie or other behind the scenes players, while the story is just developing!
For me, any asian company having a potential of doing business with a US public Compnay is a big deal and potential of having new market in central/north/south America is hell of a business potential.
Puriblood is a publicly traded company. Why would they give up such a huge business potential and credit to some unknown Jessie, doesn’t make sense.
This news and potential would be greatest ever for Puriblood, why wouldn’t they do it on their own name? Even Apple, Tesla and big companies going to China or other places make it big deal!
Anyway, we will see!
Points to remember:
Jessie isn’t helping Puriblood or PLPL to do the deal, she is the DEAL.
Per PR, she has the worldwide rights, so PLPL made LOI with her. That’s why post implementation, she will take controlling interest of PLPL and will become CEO/President of PLPL.
The above all indicate she is the DEAL, not working as attorney for Puriblood or anyone else.
Big questions:
Who is Jessie?
Where is she located?
Does she have really worldwide rights of Puriblood?
Does she have authority to make any LOI without Puriblood’s permission?
Possible. That’s why i am NOT calling it a scam yet until they clear the air. Lack of adequate info, speculation can go wild particularly, in OTC land. Of course, wise speculations must contain some real world business logic!
A CEO can be a lawyer/doctor/engineer//CPA or any other professionals, perfectly fine.
A practicing lawyer/partner of a firm/practicing doctor/practicing CPA/other practicing professionals help/facilitate doing deals, DO NOT do everything on their own name or become CEO/President afterwords (unless they quit what they’re doing now). THIS IS VERY VERY VERY UNUSUAL!
Some understand this, some don’t or some don’t want to. It’s up to you.
Until they clear the air, no wise man would take the face value!