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.
Stop calling it a crypto merger. It's a High Powered Computing oriented company. It doesn't even NEED crypto to be successful since HPC is used in a variety of applications. It's the backbone that Amazon built its continued success off of. Does it build HPC for crypto mining and similar purposes? Sure. But that's not what it is reliant upon to be successful.
Read up on Naked shorting. Either they already did have them from previous purchases, or they were naked shorting which is borrowing shares that dont "technically" exist. They then will have to cover by providing those shares via purchase later. But they will try and get them cheaper.
Naked Shorting is something that needs to be cracked down on heavily by the SEC.
ASCM who has been sitting on the level 2 for a while, is a well known market maker who represents shorts. They are intentionally dragging it down both to make money but also to help cover. Watch how they have infinite 10k walls on the bid and ask, buying shares from people selling either to cover or to flip, while keeping selling pressure on the ask.
Except it's not fake. BABL is confirmed to have the shell both via SOS documents and via their own words.
The reason BABL is bleeding is they are being heavily shorted right now by the market maker ASCM and until they do some OTCMarkets updates and/or PR, there simply won't be buying pressure to prevent the manipulation of shorts.
Potentially found the company
http://www.s-is.co.jp/information/our-company
Address matches but still sourcing names.
Pretty confident this is the correct building that matches the address.
Matches all the criteria for a Japanese address in Tokyo and is the only 2F 1-21-2 Chuo I can find in that postal code. But good luck finding info on the building itself...
https://www.google.com/maps/place/2F,+1-ch%C5%8Dme-21-2+Ch%C5%AB%C5%8D,+Nakano+City,+Tokyo+164-0011,+Japan/@35.696798,139.6858135,19z/data=!3m1!4b1!4m5!3m4!1s0x6018f2d3dbc62bbf:0x17cd65d61283bfa2!8m2!3d35.696798!4d139.6863607
Name of building/room number ---- Building 2F
House #, Street, Town/Village ---- 1-21-2 Chuo
City/Prefecture/State/Province ---- Tokyo
Postal Code, Country ---- 164-0011, Japan
@Makinezmoney - Thats not the right company.
Thats a different office number and no names match. Doesnt seem like that's the company coming into PIHN.
Something very strange going on here. Share Structure just updated and there have been basically 100k shares diluted. That's all. 519,988,787 O/S at the start of April to 520,095,929 as of today.
This is absolutely NOTHING. And it does not explain the price action at all in any way over past weeks.
So someone explain to me why there has been an infinite wall on the ask nearly every single day for the last few weeks and quite a few decent-sized T-trades if none of it is actually diluting the O/S. I myself bought 250k shares out of one of those infinite walls at 10 cents because I wanted to test it. It did not budge one little bit. I will wait now to buy lower but the point is that something very strange is happening with RXMD.
Could they be having problems with naked shorting again?
Here is JG's Instagram if anyone wants to see if he can be contacted there:
https://www.instagram.com/joeygonz11/?hl=en
Anyone got a link to the actual court documents associated with Ameritek and the 3 lenders they are going after in court?
Not just a R/S - 1 to 1 Spin off. Seems like many didnt actually read what was happening.
https://apnews.com/press-release/pr-newswire/business-corporate-news-products-and-services-spin-offs-asset-sales-e0f13a4ee16912511db3df011ac51442
It very clearly states that "the Company will affect a 1-for-75 reverse split of its issued and outstanding shares of common stock. Additionally, the Company will, on a 1-for-1 basis, spin-off of 1606 Corp. to its shareholders, which will become its own entity"
To me, that implies that we get 1 divi share per 1 share of SING owned in a new spin-off company made up of 1606 corp. SING itself goes through an R/S to reduce shares in preparation to uplist going forward (this would have HAD to happen if they wanted to uplist).
Here is a TDA screenshot that shows the change
https://i.imgur.com/x8n1UEW.jpg
It's very limited info and I suspect other brokers show other things. But clearly, something just changed with the Divi shares as the numbers match.
CLXHealth Blocked all followers? I dont know about the rest of you but I almost never post on Twitter. I have never posted anything related to Joey G or CLX health or even on their pages. I was however following both. When I checked CLX health tonight I discovered I was blocked. I can only imagine they blocked all followers. This seems like it signals disaster for CLX Health itself, much less $PASO.
Thoughts?
They cant do a normal IPO right now legally under SEC rules because of the type of company/institution they are. SEC would have to change their rules first. In addition with how high they are valued a normal IPO would be stupid. They would be far better off doing a DPO or APO.
S-1 is filed to go public. It can mean RM or IPO or other ways.
https://www.investopedia.com/terms/s/sec-form-s-1.asp
Companies usually file SEC Form S-1 in anticipation of their initial public offering (IPO)
Notice it says usually. S-1's are associated with IPO's because IPO's are flashy but its not ALWAYS used for IPO's but can be used before other methods of going public.
https://www.coindesk.com/coinbase-existing-valuation-doesnt-need-ipo-lawyer-says
@billr It literally says: "Joined December 2020"
https://twitter.com/OfficialPVDG
Not sure how that translates into May for you but ok...
Whats with the 50k walls on level 2 at 50 cents that market makers keep throwing up each time it climbs. Today its been either NITE, GTSM, or rarely CDEL. They trying to hold this back?
Arizona Commerce Authority took notice. Did you all see this tweet?
BEST STATE FOR #UAS: Arizona-based @alpine4tech is acquiring electric aircraft manufacturer Impossible Aerospace -- which was founded by a former @Tesla engineer. https://t.co/7M8YKnOMS0
— Arizona Commerce Authority (@azcommerce) December 4, 2020
Hashtags on CLX Tweet should get more notice:
#HealthyAmerica #Covid19 #Patients #Labs #Access #VERA #Solutions #Doctors #Launch
https://twitter.com/CLXHealth/status/1291336638849781765
Notice the Patients Access Solutions. JG sending a coded message to investors LOL.
Without a doubt what we saw today in the last few hours was a combination of folks trying to shake out weak hands and trigger some stop losses, followed by some major buys trying to snap up those selling low out of fear or jumping out because of the volatility. Some big fish are toying with small fish right now. Unless folks practice "diamond hands" they are going to be left FOMOing later.
Well and thats the key. Stop focusing on Eat Street. Might it be Eat Street at some point? Sure. But the simple fact is that this is a shell company intending to be a host for someone going public and the reality is that value-wise it is undervalued even with a very low revenue company slotted into it. Undervalued is good for now with so little information available. Means less shaky hands.
Stop inflating PASO revenues based on UST Globals revenues. This is a joint venture. Its still criminally undervalued but the merger is CLX Health and PASO. NOT UST. Might they eventually use the JV to go public? Sure, but short term folks need to stop inflating the revenue projections based on UST's revenue numbers. That just creates an unhealthy environment where folks expect FAR FAR too much right away.
That's now how it works. Eat Street would always have kept its own website. The CTRInvest website is maintained for investor contact and news and wasn't going to magically turn into Eat Street if that was the plan. What folks were waiting for with the website was an updated one with news posted, not a conversion to Eat Streets host website.
Why it came down and bounced to CTRInvestments briefly who knows, but again, we are not waiting on a conversion of websites here, simply an updated website providing guidance or news from "IR" or in this case JJ.