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I have a letter:
Dear Congress,
This is an outrage! I can't short the turd of a stock DJT because the bloody fees are too high!!! The company makes no money, instead loses hundreds of millions, and trades over $30 when it's virtually worthless. DJT shouldn't even trade at a single God Bless American dollar and I want to make my rightful money as a savvy investor. What can you do to help a fellow American brother out? I can't buy eggs at the supermarket for under 6 bucks and now this?!?! Let me short DJT fair and square please!
These are uncharted waters because not even a stinky pinky would draw this much attention to their utter BS. ANOTHER filing with a hey, we really really really mean it, c'mon guys please do something, anything to stop our stock from tanking letter:
https://www.otcmarkets.com/filing/html?id=17468830&guid=puQ-keketghNdth
Support at $32 keeps holding. Such artificial trading.
Another pathetic press release begging folks not to short:
https://www.otcmarkets.com/filing/html?id=17465267&guid=XuQ-kqnoL-D-drh#ny20026576x10_ex99-1_htm
It's as if Trump is in a meeting saying I bet my supporters are so gullible, I can convince them to buy my stock and never sell. That way we can lock up the float and the price will remain frozen until I can unload all my shares after lockup period ends. I think they just might be dumb enough to pull this off! Nunes, I want a short selling fake news letter to go out every week. No one sells a single share!
Volume is drying up. 40m share float and the musical chair game is going to stop eventually:
https://www.cnn.com/2024/04/09/markets/truth-social-trump-media-stock
Hey, here's something worth about 30 cents. But it's got Trump's name on it. I'll sell it to you for 35 bucks. Errrrrrrrr ohhhkaaaayyyyyy.......
And Citadel, Jane Street, et. al. respond.....oh yeah, watch this....as they type the daily trading algorithms with two middle fingers LOL
They are following the pump and dump textbook. Another filing:
https://www.otcmarkets.com/filing/html?id=17459260&guid=m4Q-ka3VoTeHJth
Hilarious that they name the big guns notorious market makers. Ummmmmmm, what exactly did ya do about them during that 4 year reign????
Buckle up for the wild DJT ride!!!
If they let this run for a week or so to unload warrants and diluted shares, could hit 40 or 50, yes? Then the trap door opens and timber back down.
It is amazing how financially illiterate most folks are. The typical trader maybe has $10k max to invest. Most are at $1,000. A 10% annual return for $10k is $1k new money....reduced by taxes. On $1k the 10% return is only $100. That's dinner for 2 these days. Oh wait, the taxes cut that to dinner for one.
Lambo dreamers get on these boards thinking they will get 100% returns on their trades. OK, let's go to school. $10k becomes $20k on a homerun 100% trade. You made $10k....less taxes.
But disciplined $200/day on modest 2% gains (not compounded) is $1k/week on $10k invested each day. Hmmmmm. 52 weeks. $52k a year.....less taxes. Still have that original $10k seed to invest each day. Discipline with 2% scalps gets $52k. A lambo one bagger 100% trade that is as rare as whatever only gets $10k.
Today allowed 10, 15, 20% scalps. In one day! No one called top or bottom with real money invested. No one. 10% in a day is a huge win. Be thankful. Again, can't find any 10% annual return with any bank. Lambos?? Get a clue.....
I don't say this to be confrontational. There is nothing to investigate. This is trading. Open market. Bullshit Financials publicly disclosed. Company hates shorts publicly disclosed. The game is afoot. Big money moving markets without inside info is 100% legit.
Problem is.....unsophisticated retail small fish investor is blindly throwing darts at a donkey. Small scalps is the play here. 2% a day is 10% a week (unless you invest profits to hit 11%). Can't get 10% a year anywhere. Greedy schmucks get crushed.
I agree. This spike today is typical of those other companies putting out a press release to set up something like a "Naked Short Task Force" which causes the stock to temporarily go up, followed by the inevitable drip back down. It essentially plays out like a not-so-secret code to the market makers and high volume investors to artificially push the price up while luring in unsuspecting newbies and retail into the (brand x) hot stock receiving all the buzz on the message boards. More often than not, new share dilution or warrant conversions are happening behind the scenes with newbies having no clue what diluted crap they are actually buying. The sophisticated traders scalp profits on the way up (or dump well-below-market warrant shares) until the eventual trap door opens and the shorting begins again while newly-created bagholders post "what the heck is happening, why is this dropping??" posts. The cycle starts all over again with some other new bogus press release that gets pumped, rinse and repeat. Nasdaq usually does not tolerate this penny stock crap for long, so play the game while it lasts.
Here's the proof.....I challenge anyone to post credible evidence of a successful Naked Short Task Force.....LMFAO!!!
Wonder how many of those "investor" letters will be written in crayon?? I can hear it now....we got millions of letters....millions....any lower count is rigged and fake news.....Priceless!!!
This new filing is hilarious!
https://www.otcmarkets.com/filing/html?id=17456945&guid=d7Q-kWx4mSIqJth#ny20026576x5_ex99-1_htm
Desperate shitty company with no money and no fundamentals actually begging folks to "lock up their shares" to prevent short selling. Priceless! As if there are actual investors who "believe in the company" LMFAO!! Can't make this stuff up, but still eerily predictable with this "management" at the same time. DJT will be shorted to the OTC.
Especially love the part where they openly acknowledge that their "investors" are unsophisticated trailer trash with an insult that will go right over their heads. Yes, sophisticated and institutional investors and brokerage houses will profit yuuuuuugggggeeeeellllyyyy by shorting DJT, while the sheep lose their cigarette money. Here, we even wrote the letter for you suckers......
You did misunderstand. This board is about a company and also trading strategy. We are referring to a specific crew of traders who use known tactics with long histories of pump and dumps.
The other political board is for bashing or praising the orange man. Believe it or not, some of us couldn't care less about the political nonsense and are very much interested in making money trading stocks as they swing up and down.
No harm intended to you, just a misunderstanding. In a prior post, you called out the person/trader we are referring to and you were 100% correct. He gets knee deep with heavy bags on loser stocks and then relentlessly tells folks how great the company is as it spirals down to oblivion. Think canary in a coal mine. Happy Trading!
The day he gets arrested, we all lose. Just sayin
Profits are so easy once his crew shows up in full force. Don't scare the fish away.
Come feed minnows, the waters are nice and calm.
Shhhhhhhhuuuuusssshhhh. Let him be. He has a loyal following and it's all very predictable. My own personal piggy bank. I have grown to love the lyin lion. Pure gold!
1. Me
2. Trillium
3. 3a Capital
4. Asian Owners who put this whole plan together
5. Colbeck
6. Folks who listened to my trading strategy
7. Not PB
8. Not 55
9. Not Intheknow
10. Not Jaguar
11. Not any of the other troll "holders' who may now claim selling for profits
We appear to have different definitions for "profitable" because the financials I read show many annual and quarterly losses.
The Asian merger to finance $35m to those owners to essentially buy themselves was certainly corporate malfeasance.
The SPAC merger to uplist to Nasdaq was doomed from the start. UNQL does not meet Nasdaq requirements. Period.
They waste so much money on interest, bankers, attorneys, and give out toxic notes and now warrants. I will say it once again....THIS IS AND ALWAYS HAS BEEN A STOCK SCAM. Yes, it is a real company with real employees. But the OTC stock is a scam and many folks (you perhaps?) got badly burned.
In all honesty, this company should not have a market cap over a million. Massive debt and no profits. Losses compounded by losses. It's worthless.
Just brutal:
The Company expects that its results of operations for the last fiscal quarter and nine months ended February 29, 2024 as compared to the comparable prior year periods will be negatively impacted by a non-recurring losses of approximately $9.4 million incurred from the recognition of certain expenses and liabilities related to the termination of its SPAC merger that was signed on March 1, 2024 and simultaneously the Company and the lenders entered into a waiver and amendment to financing agreement (the “Waiver”). As part of this Waiver, the Company agreed to issue warrants exercisable for a period of 7.5 years. The warrants were recorded as a derivative liability at initially estimated fair market value of $7.4 million. The loss resulted from recognition of this derivative was offset by the reduction from another derivative liability arising from an anti-dilution provision in the convertible Preferred Stock Series A, C and D in the amount of $4.1 million. The resulting net loss of $3.3 million is recorded in Other Expenses as a change in fair value of derivative liabilities.
In addition, in consideration for the Waiver, the Company agreed to pay certain of its lenders a non-refundable fee to waive certain events of default, in an aggregate amount equal to $3,000,000, which was deemed fully earned on the effective date.
As a result of the termination of its SPAC merger, the Company also recognized an impairment charge of previously deferred offering costs in the amount of $3.1 million as reflected on the statement of operations for the period ended February 29, 2024.
As a result of these losses, the Company expects that the Quarterly Report on Form 10-Q will reflect a change in the results of operations from the fiscal quarter and nine months ended February 29, 2024. The foregoing financial information is unaudited and preliminary and is subject to change based upon the Company’s completion of the year end audit.
Trump hasn't seen this much red since Melania turned gray
The OS is not maxed out. Read page 41 of the annual report:
This stock goes down quicker than Stormy Daniels
Gotta hand it to a Trump company to employ the reverse auctioneer tactic. I have 70, anyone want to bid 65? ok, 65 to the noob in the white tank top. Do I hear 60, bid is 60. Sold to the gal with only 3 teeth. How about 55, can I get 55? Sold to the guy in the overalls and plug of tobackey in his cheek. Let's test 40s, can I get 43, 42, 41, alrighty 40 to the gal calling into this auction from her trailer. How about 38, 36, 34? Dang, you bottom feeders are hungry for this DJT garbage.....
How low will she go???
According to the annual report, sadly dilution is not finished, it is ongoing and they disclosed their intend to dilute more in the future as their only means of funding operations.
There is a chart showing how many hundreds of thousands of shares their lender has already converted, along with the dates. Since they cannot own more than 4.99% at a time, we now know 100% that lender is the entity repeatedly converting, dumping on the market, reloading, rinse and repeat.
Additionally the company disclosed it is still actively marketing shares under the current shelf registration and may need to reduce the offer price further to generate interest. They are currently priced way above the OTC market price.
All can be verified in the 10K they just filed:
https://www.otcmarkets.com/filing/html?id=17441285&guid=6zQ-kWTpsQmSJth
Unfortunately, the annual report is quite brutal. It paints a bleak future as a going concern and alludes to going dormant on operations if they cannot get more financing through convertible debt and/or selling new shares. I applaud them for being candid and transparent, and it seems these elderly gentlemen are getting close to winding things up. They abandoned the oxygen water patent license and are looking to wholesale the human line which they say has very thin margins. They have some new products, but acknowledged their continuing lack of experience or capital to actually market and sell anything. Another huge net loss on the year with accumulated debt over time now approaching $9m. Again, I commend their honesty but they disclosed the bad news for all to read.
Can someone post a reasonable explanation why this stock has any value whatsoever? This is the annual report from last year:
https://www.otcmarkets.com/filing/html?id=16533955&guid=p9Q-kn8hn_NeJth#BDPT_10K_HTM_I15
Total revenues were only $17,000 in 2022. That's below the poverty line for an individual. A mere $19,000 the year before.
They only make money by selling worthless stock that increases the OS while lowering the share price. The accumulated deficit is over $7.5m since the company started. It is an underwater entity with no fundamental value.
The stock could just as well be called Hopium because that is all traders have....hope that it swings like a pendulum for no fundamental reasons. Those revenue numbers and accumulated deficit don't lie.
Next annual report due any day now since it is already late.
Critical analysis of a stinky pinky company is as important as a Nasdaq or NYSE company, if not moreso. Public information actually means something.
This is a small "company" of 2 elderly retired doctors who use their golf course neighborhood outside Las Vegas to peddle human supplements/vitamins through marketing companies they pay royalties to. There is nothing groundbreaking about their stuff compared to the thousands of products on store shelves in reputable brick and mortar stores. They publicly report loss after annual loss. The next report is coming, but late. They publicly checked the box for no significant changes. So, just failed business as usual.
Same with the horse supplement subsidiary. Small sales, big losses. The only real money comes from secondary offerings of near worthless new dilutive shares. The pump before the next annual report has come and gone with newly created bagholders among the smart flippers who took advantage.
Place your bets on whether thier chances are better for quad zeros v. dub zeros. It's right in the sweet spot of half trips. Which way will the pendulum swing after the 10K is filed??? Good Luck!
They filed the "not timely" 10K today instead.
"Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes No (x)"
No significant changes coming when actually filed. Business as usual. Go pumpers Go.....
Annual Report coming, likely this afternoon. Pump crew is in full force. Don't get left holding....the....bag....
Pigs get fat and hogs get slaughtered. Good Luck!
Annual report due so gamblers are hoping for good results. The company makes very little in revenues and losses keep accumulating. But like the wise Lloyd Christmas sees the world.....so you're telling me there's a chance.....Yeah!
Hey, whatever happened to those free spinoff shares? Asking for a friend.
This company made so many terrible debt decisions and now they are coming back to haunt shareholders again. New filing today:
https://www.otcmarkets.com/filing/html?id=17374816&guid=Lvd-knmv0E2mB3h
There's no one here anymore for me to explain this to, so anyone still invested will just have to read and comprehend. The AS will be going up on unilateral declaration from Ray and his "board" so buckle up. The increase to the AS will likely be the next filing.
Does anyone remember how folks swore up and down that the EAC merger would be amazing, there would be no reverse split, and UNQL would not dilute further because the AS is maxed out??? Stay tuned.......
More scam shenanigans. New CEO and CFO agreements for $30k annual salary violate New York minimum wage laws and are below the minimum threshold for executive overtime exemptions. The agreements clearly identify NY law.
https://www.natlawreview.com/article/reminder-new-york-state-employers-salary-basis-thresholds-increased-2024
More smoke and mirrors BS and Nasdaq officials will see right through this while laughing. A CEO and CFO earning less than minimum wage?!? Sure, just the type of company they want LOL.
And for the jokers falsely claiming $80m in cash, blah blah blah, this is what they are paying the leaders to run the show. Next dilutive share offering coming soon. Stay tuned!
New filing:
https://www.otcmarkets.com/filing/html?id=17349358&guid=ftd-ke5LYXDWJth
When squeeze??? LMFAO
Now that BETSF is on the stinky pinkies, folks get this clarity from OTC markets:
01/10/2024 Reverse 1:1000 — —
12/15/2022 Reverse 1:15 — —
08/27/2020 Reverse 1:10
Place your "bets" on when the next reverse split will happen. Cashless warrants still diluting and nobody knows the true share count until the next offering or annual report. Social media (mis)information (cough, cough $80m in cash on hand cough, cough) will be disgusting on this company for awhile. Be careful!
EXACTLY how many honest folks here explained. Delisted and soon to shine like the bright star of dilution and r/s shenanigans BETS has proved to be. Should be on every trader's list for swing trading glory on the OTC.
Each broker will have its own rules so it is recommended to call one's own broker to find out. The capital requirements to short a stock are high so those with the means already know the rules, have experience, and know ro clarify such issues with their broker.
Respectfully, social media is a dangerous place to get real investment advice. It's very simple to just pick up the phone and get real advice from a professional. They won't even charge you. Good Luck!
The company remains on the non-compliant list:
https://listingcenter.nasdaq.com/noncompliantcompanylist.aspx
That other list is only for suspended companies. BETS has not been suspended....yet....
The company handed out so many cashless warrants it is impossible to know the true Outstanding Share count. Many of the websites, including ihub place the OS over 4 million shares. NASDAQ lists the institutional investors, and there are no significant holders.
NASDAQ is going to delist the company for multiple reasons, including those cashless warrants, the 1 for 1,000 reverse split, and inadequate capitalization. The hearing already happened the other day and the announcement will come when it comes. There is absolutely nothing this company is capable of doing to stop delisting.
The huge volume this week is exactly the same as what happened when millions of cashless warrants were converted to common shares to flood the market and increase the OS from 1 million shares to over 4 million shares. The market makers know there are huge chunks of converted shares to be dumped on the market, so they let the price run up to get interest going. Then these boards (especially stocktwits) spam endless claims of short squeeze, rockets, diamond hands, etc. to get suckers to buy the shares the warrant converters are dumping.
Then, the real players short again at $5, $4, $3, and all the way back down. No squeezes whatsoever. Just new bagholders who got suckered into thinking this is a $10 to $100 stock. Yes, folks actually claim this is a $100 stock which is utterly ridiculous. The pattern is so easy to see and plays out like clockwork.
Since the company does not file quarterly reports, there is zero public information on the actual OS share count. Smart folks instead use their common sense to realize this massive volume turning the OS over 10 times in a single trading day is evidence of more newly printed common shares flooding the market. No one knows the true OS share count except insiders and market makers. It is fascinating to read wild claims that there can't be anymore dilution when the dilution is happening in real time every single day right in front of them. Oh well!!
If anyone is interested in a NYT article on the real issues facing the mining industry, real companies fighting regulation, the China connection, and....well....Bit Brothers and how they conduct business:
https://www.nytimes.com/2024/02/03/us/bitcoin-arkansas-noise-pollution.html
BETS down to $1.73 today. Who woulda thunk it......except everyone who knows how to read financials and understands dilution, reverse split, cashless warrant stock scams....