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As per the 8-k the company filed on Feb 22nd, there is massive dilution to be expected.
"As of the date of this Report, the Series C Preferred Stock sold at the Initial Closing, Second Closing, Third Closing, Fourth Closing and Fifth Closing would convert into approximately 96,737,585 shares of our common stock if fully converted, which number includes 1,947,693 shares of common stock convertible upon conversion of each share of outstanding Series C Preferred Stock at a conversion price of $3.25 per share (based on the $10,000 face amount of the Series C Preferred Stock) and approximately 94,789,892 shares of common stock for premium shares due thereunder (based on the current dividend rate of 24.95% per annum), and a conversion price of $0.1166 per share, which may be greater than the conversion price that currently applies to the conversion of the Series C Preferred Stock pursuant to the terms of the Designation, which number of premium shares may increase from time to time as the trading price of our common stock decreases, upon the occurrence of any trigger event under the Designation of the Series C Preferred Stock and upon the occurrence of certain other events, as described in greater detail in the Designation of the Series C Preferred Stock."
The conversion of the Series C Preferred Stock into common stock of the Company will create substantial dilution to existing stockholders.
There was a mega transaction @ 4:51PM, 19,400,985 shares @ $1.65. Wonder what was that?
Something is up, only that we will get to know after the fact, just like always happens with retail.
Another 14mil dumped after close, this baby never stops on giving ...
Man, this baby is moving fast, with up to 10% spread at times is getting hard to even place an order without changing it 10 times ... lmao
This is going down, there is tremendous selling pressure, play the bounces for now. As the dumpage stops it will go up some, assuming it will still be trading by then.
Someone covered a short position
Very thin L2z, quick moverz: HEME, DHSM, BCDH
How about DHSM, L2 is really thin.
What's going on with this? I got filled @ 0.0001 and shortly after the trade has disappeared all together from my account and I see the shares traded went from 800+ mill to some 200+ mill.
How about CDOI? The TA shows it as short term buy and by the look of it there is not a whole bunch of stock out there?
You don't need to have a bid to sell them, as long as there is someone at the ask. I only had like 2 mill left, so it was no biggie for me, however I though I'll never be able to unload these, was even thinking to contact my broker to have them cancelled or get rid of them somehow.
If you have a whole bunch try to break them in smaller chunks 3-4-5mill. As it shows now on L2 it says volume is some 31mil, however only 99999999 show as sold @0.0001, I guess the rest were sold @ market below 0.0001.
My order was @ 0.0001 limit and that is what I got.
Holy boxing, someone bought my shares .... after 7 years, or was it 8, can't even remember ....
Holy shnikeezz, this junk has a bid again? Is now doing pot ... without a license? ... lmao
May get me some ... as soon as VFIN, CANT, CDEL are off the ask ...
Translation for that: CYBK expects more stock will be dumped this week, as the promo on BS news continues.
If Mr. Clark says there was a problem with Prestige, I believe him.
He's the buyer and he has to be sure what he's acquiring is kosher and can deliver what the seller claims.
Could well turn out that Prestige was a pig dressed up in lipstick.
Wouldn't be the first time a seller has tried to mislead a buyer.
That in my view is a poor assessment and would have led to a terrible deal for shareholders.
The 70mil were there yesterday before 100mil got traded, and this morning again before 10 mil got traded. It looks like VFIN and the other 2 mms refill the ask every time stock gets sold.
There was no bid yesterday, nor there is one today. The reason there is no bid is coz the ask at the lower price a stock can trade (retail), thus you can't have a bid lower than that. However, just coz you don't have a bid does not mean you can't sell, or buy.
Someone is loading, but then someone is unloading. Despite the 100mil volume yesterday the ask size did not decrease, which means one thing.
Hehe ... yeah, all you can chew rather ....
Well, some 80+mil traded, still lots of chewing left ... lol
Lol .... are you implying that you are not selling until a 1 billion to 1 R/S is in order?
Of course he has a business, he sells stock for a living, $34000 (at least) he made from selling stock in the second half of 2013.
LMAO ... he just defaulted on his mortgage ... who do you think is/was going to finance him?
He said TGGI will be current in Q1.
Hehe .... all aboard??!!
This bus is out of order for now, the driver was caught DUI ... lol
Green Energy Savings Corp
They are not too happy because their big sale did not close. The rest is BS.
Here, just a suggestion: Global Scam POS Group, Corp. This name pretty much reflects the company's operations.
With the dollar volume this scam has had the whole year, collecting welfare would have made you a lot more money than shorting this junk.
LMAO ... oh no, oren is coming ... run!!!
For sure, don't forget these
LMAO ... yeah, look @ him hang out with F 100:
https://www.facebook.com/oren.manelis
I'm never wrong ... I thought you should know that by now ... lol
Well my beloved tggi-ers, Happy New Year and I wish you make wiser TRADING decisions in 2014, don't get suckered into all these scams, trade them don't marry them, long and strong in the stinky land is the recipe for disaster.
I bet you johny1 bought most of them, he's been waiting for this for a long time ... lol
The only fact here is that the TA is gagged, thus there is no way to say whether the OS is maxed or not. As for tax loss, the settlement day for whomever sells today is going to be next year, so whomever wanted to sell for a tax loss for 2013 has already done so by now.
No way ... all for me, bang ... another 5k ask slap .... take that shorties, negatives and haters .... lmao
Did you take the time to read the ibox? The North Dakota Attorney General has signed a Cease & Desist order against him for what they've identified as consumer fraud, and also called his operation a SCAM and his modus operandi in general "fits the scam pattern".
That is an official document, not a post on a board or a fb post or someone's opinion on whatever social media.
From Wikipedia, the free encyclopedia
Look up conman in Wiktionary, the free dictionary.
Con Man or Conman may refer to:
A con artist, or a person who uses a fraud method known as a confidence trick
LMAO .... yeah .... see those 5k, 10k buys @ ask ... that is me, slapping dat ask and secretly loading up for the big run .... if you know what I mean ... this will FLY past the moon .... even past our SOLAR system ...