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Even if the deal is off, securities fraud did occur here, it will follow all those involved. Enough people already reported this ticker to the SEC. Keep an eye on the names involved in the upcoming months.
I don't post much , I will watch to see how this unfolds until the end. There is alot of suspicious activity going on here from all parties involved. We should know eventually whether this guy is a scam artist or not, If Patel really is a scam artist his brand will fail no doubt, but if he is not a scam artist then this ticker has a chance to be worth more than 2-3 million market cap. I made some here and lost some , so essentially break even, but see the potential just as everyone else did at one point.
https://cdxcob.com/
https://hotelbusiness.com/ev-hotel-cdx-team-for-crypto-trading-floor/
https://www.marketswiki.com/wiki/Frederick_J._Grede
https://www.linkedin.com/in/fred-grede-a614954/
https://castleplacement.com/portfolio/travel-event-nft-exchange/
I don't think you have the correct CDX, you are just posting a random token with the CDX letters.
I think the Fredreick Grede that made the deal with Ken in regards to the crypto trading exchange/floor was previously the chief executive of the Hong Kong Futures Exchange and chief operating officer of the Hong Kong Stock Exchange. Before that he was an executive vice president of the Chicago Board of Trade from 1974 - 2000.
This is if I am not mistaken.
Lurking around just incase this somehow decides to close the gap up to .0012 which I think it can.
Trying to shake the last bit of .0006's bid sellers seems to be a mammoth undertaking for you. Will be funny when just the blow of the wind will push it back above .001 vs all the work done to try to push it down just one tick.
You are assuming this company will drop down to 7,300$ dollars market cap? That is lunacy, you lose credibility with statements like that, it would have a 73 million OS at the time and the floor has been established at 4-5 million market cap. AS does not count towards the market cap. You can see that from the OTCmarkets website the market cap is made up of only the OS.
https://podcasts.apple.com/us/podcast/ken-patel-of-ev-hotel/id1552247664?i=1000585649085
Minute 25-27 . Could be some potentially interesting partnerships in the future. Having talks with Amazon and Google. Several revenue streams discussed as well in the interview. Glad I got in at .0007, worst case I get out at .0006 for a 15% loss. Best case it runs for a 10x for a 1000%. I'll take that bet.
That moonmarket guy was pumping reverse splits like it was no tomorrow, were you not around the last few weeks. Like 10 reverse split stocks were running hard, ofc they were all nasdaq stocks but still, it happened it is all on the internet.
Stocks run on reverse split, a few weeks ago every single reverse split stock was up like 100%+ and the market cap is still really really low here and level 2 is clearly saying we are not going lower.
170 mil bid vs 19 mil ask, it seems the market is talking and telling us, it wants to go no further down. Won't take much to see the next level up. Even .0014's and .0015's are starting to appear on the Market makers.
The way I see it,
@ .01 the 65% loss would of removed 48 million from the market cap it would of been at 73 million down to 25 million. Vs the hit now which removed the 8 million from the market cap down to 4 million. It is pretty clear that 4 million market cap is the absolute floor of this ticker from the price action these last two days. It takes significantly less dollar $ volume to recover 8 million in a market cap than it does 48 million. Once the news is baked in, it is baked in ,then the objective becomes recover the 65% loss. In my opinion significincantly higher statistical chance we breakout above .0007 than below .0006, from a fundamental point of view and technical analysis point of view.
Tuesday - Press Release | 11/09/2022 = 12AM
Thursday - Press Release | 10/06/2022 = 6AM
Wednesday - Press Release | 07/27/2022 = 11PM-12AM
Wednesday - Press Release | 06/22/2022 = 12AM
Monday - Press Release | 05/23/2022= 11PM - 12 am
Monday - Press Release | 01/31/2022 = 6pm
Every release so far in 2022 has been before or after market. So good or bad, the news that comes here will most likely be in the off hours. The upcoming audit news release will leave many bid sitters behind as it will result in a gap up.
He did update us with "The official Press Release of EV HOTELâ„¢? going public. We are excited to announce the reverse merger that takes the hotel brand public with a potential 100/1 stock split." It seems that he is listening to the shareholders and taking it into consideration.
", a third-party valuation of EV Hotel Corp.," It seems now a valuation is coming as well, currently market cap sits at 4,406,347 I wonder what could happen if a third-party valuation comes out at 8 figures, or even 9 figure number.
People trade/invest to make money , very easy 50-150% to be made here, just the clean shell with the audit alone should be 5-10mil market cap.
Nibbling some here, really don't see this dropping to 1, 2, or 3 million market cap... out of the 20 tickers in my watchlist this is the lowest market cap, and has the least chance of being a scam compared to the rest.
Been watching this one for some time from the sidelines, maybe it is best he did it now at 12 million market cap, which it dropped back down to 4million market cap. To recover it back to 12 million should not be too difficult. I recall humbl doing the reverse split at around 5 billion market cap with a B, there was no way to sustain that. I'm looking to join with a starter tomorrow . Stocks always bottom on bad news, since all the bad news is already out, looks tempting. We have stocks in CE with billions of shares @ 50 million market cap, no reason this can't reach 12 mil again.
I already dumped that and made 30% I don't bag hold for anyone. Either take your profits quick or cut your loses quick. This isn't fairyland.
0.037 is the next gap to fill.. Can't even feel bad for the bag holders so many red flags here
Last time GS told everyone to sell if they don't trust him or if they are not patient . His other two tickers fell another 97% after that. That is him showing all his cards and telling you to GTFO in his own way to "save you from yourself" lmao who remembers that line. Don't be a sheep and lose another 97% left of what you have now, you were warned , the wolves feasted on this one.
This is a overvalued penny stock shell with pending court dates, no current mergers , very suspicious custodian in charge, and many pumpers underwater trying to unload their bags asap to naïve gullible traders, does not get more risky than this in the stock market. The best thing to do here is watch from the sidelines and wait for REAL news of progress in the right direction. At this point putting any money here is equivalent to just burning it. At least donate it to someone who really needs it, or buy yourself something nice that you can enjoy, or just find a new shell with less baggage one that has yet to run and recoup your losses in a more promising avenue. People should really think about more than themselves before they try to drag others into this mess.
He is not here to cater to flippers or pumpers, he is not going to settle the case with a criminal. " It takes as long as it takes" In george-speak that is many moons from now. If you guys are true "investors" then you should not mind waiting until December. Never have all your eggs in one basket there fore you can play other tickers while you wait the 5 months.
In the OTC you only lose if you hold too long, that is rule #1 , 99.99% of these stocks never hit all time high again
TLDR : Canada is going to dump on Monday and price will crash hard , k thx for heads up
This chart is about to fall of a cliff again, careful catching this falling knife, wait for key support levels
I know some who bought the dip and sold on the bounce right away, not every single dollar bought is held long term.
Everyone should know by now the name George Sharp & the term "Long term investment " should never go hand in hand.
Name one ticker in the last 30 years that he was able to keep up and not have it crash 95%+ Go ahead i'll wait.
Short sellers must love this guy, he just brings in noobie traders to get decimated every single time , it is like clockwork
This will hit .032 before it ever hits .32 , seriously the OTC waits for no one, it's a whole month before the court date which sharp already said there is no chance he will settle..... 99.9999999% of penny stocks end up going down with bad news and no more fomo, this will be no different. Who will risk waiting 4 weeks for something he already gave the answer to. Can make money in other tickers, every day there is a new opportunity out there.
The OTC wiz strikes again, would not be surprised if he shorted this at the top , knowing well the deal did not go threw and he had to recoup his initial investment . This could take over a year to merge now , why buy it now when you can wait for sub penny and get many more shares for a cheaper price with a little patience
this train just getting started