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Buys being shifted to unlit exchanges. Price suppression.
Just being technically accurate and precise with terms, that's all. I'm long, stuck with a heavy bag (can't trade on expert market), and agree the outcome is looking rather bleak. For the record, I hate reverse/splits with a passion regardless of the circumstances; inflating the PPS is a deceptive practice which serves to draw in new, unsuspecting retail investors. A case could be made regarding the morality and ethics of doing so, but as far as the legality of the matter... well, plenty of OTC CEOs have conducted business likewise for many years, even blatantly, and have not suffered any repercussions as a result. Usually the same CEOs resurface in the future under a new ticker symbol and simply repeat the process. Caveat emptor; learn the lessons and move on.
As far as your latter questions... they likely pumped and then dumped at the pinnacle and then shorted and distorted to where we are now. Since then, they've moved on to the next targeted ticker. Ergo, crooked CEOs are not your only enemies in this game.
Eager for lawsuit's end. Tired of news alerts!
Price suppression. Buys being diverted to unlit exchanges.
Context. The market as a whole is struggling.
Seems bullish IF they follow through with dividend.
No reverse/split mentioned. Heard otherwise?
Correct. The FAQs answer most of the questions.
It's such a shame. They actually have a few marketable products with this particular business. If they would just focus on production and distribution, they wouldn't have to add $GTEH to that list of failed companies.
No problem. Thanks for contributing to the discussion.
I couldn't agree more. I've been invested in this company only since early 2021 and started to grow increasingly skeptical since following Lovatt's Twitter feed the past year. He still actively posts and retweets about political ideology but never provides updates about the company. I would even take a confirmation of ill intent from him over all of this silence and uncertainty.
It's ridiculous how much of a checkered past some OTC stocks have. It's like getting into a relationship with a heavily traumatized individual, except that they won't let you leave. I mean, we can't even sell the stock at a realized loss because it's stuck on the "expert market." Would be comical if not so absurd.
If nothing else, it serves as a constant reminder to me to exercise more caution and dig deeper regarding the past of CEOs. $GTEH has almost paid for itself in entertainment at this point. Thousands down the drain. I'll consider it a donation.
Joined ihub on 04/12/2023? Thanks for the insight.
That's exactly the point. Just one (1) share, "wrote off" as you say, with fees, is not worth writing off (for retail, anyway). Maybe that was NICKSCA123's point. You knew that, of course, because you pumped $INCT a few years ago but anywho... glad I could clear that up for you! ;) #CensorThisPost #AwaitingInevitablePM
Per 1-A, Ashley makes $150,000.00/year. Underpaid or overpaid?
Would that make you more money if so?
Criminal act? No. Totally legal. Unethical? Perhaps.
Love it! Calling a duck a duck.
Well said! Your balanced perspective, a rare treat around here, is much appreciated. As you've rightly indicated, fundamentals are steadily improving while technicals are likely being impacted by present market conditions. Of course, fed rates and a crippled economy aren't helping matters, either. We'll see if the 1:100-1:150 r/s that's filed gets amended prior to expiration or not, although any uplisting would require a much more aggressive ratio. Time will tell how this all plays out.
Thanks for the cordial dialog. Always a pleasure, and GLTY!
$WDLF's tradingview chart shows 1:5000 reverse/split (2016) and sec filings on otcmarkets confirms the data. So, which part was questionable exactly? TIA!
"...increase in authorized shares and reverse stock split..." is all anyone needs to read.
So, reverse/split (r/s) wen? Did 21+ years of experience and knowledge of r/s mechanics help in 2016 with the 1:5000 r/s that tanked the PPS back then? Do the math: a $100,000.00 investment just days prior to the aforementioned r/s (say, on 04/08/2016) would've been worth a paltry $160 last Wednesday on 04/12/2023. But hey, what do I know. Kicked the donkey out of the pen with no fair warning, so GLTY! Still long and hopeful, $WDLF management, but expectations have been fettered considerably as a result of being ousted to the greener pastures of reality.
What makes it a no-brainer?
Great plan, on paper. However, deception abounds everywhere.
Wasn't sure what was being referenced. StIlL uNsUrE. Well, good luck to you regardless!
Just curious, but exactly which plan came together?
Is a date determined for a reverse/split? TIA.
I didn't know they had any invested. Details?
Insane.
It might crest upwards at some point.
It might just happen (delisting). Time will tell.
CliffsNotes?
Not just yet. Perhaps soon?
Shouldn't be, but maybe it is?
Stocks rarely respond well to reverse/splits. $NRBO does.
Remember back when this went for $20+? Absurd.
I called it. Technical analyses, FTW!
Seems like it could eventually do so.
Like $JAGX, XELA did get hammered. Sheesh.
How are we holding up here, peeps?