Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
Retail is unable to buy at .0001, but sometimes buy orders get filled at .000001.
I really appreciate you bringing this to my attention. Thank you! Where are you seeing DA is no longer involved?
I did see where that was said, I just wish I could have confidence in it. I'm contemplating to jump in or not. His recent unexpected dilution at ECOX stopped me in my tracks.
The Cubanacan site is definitely not working, and you cannot order anything from the website. The Neptune site works perfectly fine, and you can order as many as you realistically want.
Didn't ECOX just get blind-sided by a large amount of unexpected dilution? Would that not be a concern here as well in spite of what they've said recently? In my experiences, CEO's that blind-side shareholders like that are prone to repeated shady tactics.
I have not been following that piece. Just the numbers only.
There's been a lot of weird trading on this one for the past few weeks. No one has a clue what's going on, and we probably never will find out either.
So in your opinion, anyone holding shares should sell immediately?
Watch Tulsa King, they're constantly smoking cigars on that show lol
That's all they know how to do is dilute. I guess they're good at lying too. The second this thing ever hits .0003/.0004 it will be a mass exodus of shareholders.
The mirroring trade amounts have been going on for over a week now. Not sure what it means, but it is interesting to follow.
odyroa.sdcourt.ca.gov/cases...
37-2022-00051185-cu-bt-nc
Look at "Future Hearings". Clearly says 11/21/2025
They were forced by the SEC to replace the Accounting firm they were using so that's the reason for the delays. Not sure if we'll see the filing next week or not. I do feel Flippen has been pretty upfront about the ongoings and battles he's endured. I fell more confident all the time he's on the right track to success.
lol so much for doing even one second of DD before posting 🤣🤣
That's a great question, and I wish I knew. Strategically speaking, they'd obviously be smart buying up shares right now with the share price at .0001. I know some people are comfortable where things are at, and not knowing, I am just not one of them lol
Hopefully shareholders will get the clarity we all seek here soon.
"OTC companies:
No 8-K: OTC (Over-The-Counter) companies are not required to file an 8-K with the Securities and Exchange Commission (SEC) because they are not typically considered public reporting companies in the same way as those listed on major exchanges.
Other disclosure requirements: They may still have a requirement to publicly announce a share buyback program through other methods, such as a press release or filings with the Securities and Exchange Commission (SEC).
Varies by jurisdiction: Disclosure rules can vary depending on the specific OTC market and the jurisdiction in which the company is located."
They've publicly announced a share buyback which fulfills the requirement to do one.
I would be very surprised if it were shareholders selling at .0001 right before the Q filing comes out. Especially with the volume we've seen lately.
Ezzat Jallad (sometimes spelled Ezzat El Jallad) is a financier and managing partner of Silver Rock Group, a merchant banking firm focused on structuring investments and financing for small-cap and microcap companies, particularly those traded on over-the-counter (OTC) markets. His involvement in numerous OTC companies stems from his professional role in providing quick capital through mechanisms like convertible debt, share subscriptions, and equity placements—common but often controversial practices in the thinly regulated OTC space. These deals allow distressed or undercapitalized companies to raise funds rapidly but frequently result in massive share dilution, which erodes shareholder value and fuels scam allegations from investors who see them as manipulative or fraudulent.
Jallad has appeared in SEC filings and OTC disclosures for at least a dozen OTC companies over the past decade, often as a major shareholder, lender, or conversion beneficiary. This isn't random; it's tied to Silver Rock Group's business model of targeting public shells or early-stage firms needing bridge financing.
He's not presented as a good person, and he does show up as involved with GRLF. I did a quick Grok search of him on X, and it doesn't say anything positive. Mostly an opportunist for OTC companies needing funding.
Lots of speculation that some of the larger recent volume is from their previously announced buyback. Hopefully that is proven to be true. The only negative I believe is they don't have to officially file anything on it until next Q filing. The filing due next week is for last quarter. If shares are indeed being bought back, then that would be a amazing, but it sucks not knowing right now lol
An OTC company can buy back up to 25% of the average daily trading volume (ADTV) of its shares, calculated over the previous four weeks. This limit applies unless the company makes a single large "block purchase" in a week, in which case it is exempt from the daily 25% volume limit for that specific day, provided no other repurchases occur that day. Other restrictions include buying at an acceptable price and using a single broker for daily transactions.
Daily share buyback volume limit: A company cannot purchase more than 25% of the ADTV over the preceding four weeks.
Block purchase exception: Once per week, a company can make a single "block" purchase that is exempt from the 25% ADTV volume limit. However, it cannot make any other repurchases on that same day.
Timing: A company cannot trade during the last 30 minutes of the trading day if its ADTV is above \(\$1\) million and public float is above \(\$150\) million. Smaller companies have a 10-minute restriction.
Price: The repurchase price cannot exceed the highest independent bid or the last independent transaction price at the time of purchase.
Manner: The company must purchase shares through a single broker or dealer on any given day to ensure good faith and prevent market manipulation.
I do not plan on ever getting close to 800mil lol. I do have a lot of shares, but I'm perfectly fine with where I'm at.
Has there been any dialogue from them lately on Discord?
People are considered whales on this one when they have 400mil +?
What does forced into filing look like?
Loving the spike in volume 💥
It's interesting to see the different information given from internet searches lol
It will be extremely hard for me to stay in if it ever got to .0006/.0007. They will have to show stronger than expected profits/earnings, along with a credible path to lowering the number of outstanding shares aside from doing a RS. I will give credit to them for getting rid of almost all the toxic debt they have/had.
I inputted "why are stock trades marked as seq" and got back that response.
According to Google: "Stock trades are marked "seq" for Sequential trades, which are part of a series of trades by the same insider over several consecutive months. This marking can be used to identify patterns in trading behavior, which may be motivated by private information that is eventually incorporated into the stock's price."
It could be. They're typically marked trades from insiders over an extended period of time.
There was very little when I posted that lol. It started pouring in from someone a few minutes after my post.
Yesterday had volume, and today the volume or interest is suddenly gone. I always find it interesting when this kind of stuff happens lol
Some decent size buys at .0003, that's promising.
I threw a fair amount of money at it 😅. I'm in a good solid position if this ever takes off.
Is this people buying on the bid, or just more dilution? Trusting anything about this company is near impossible. I guess we'll find out soon enough.
Most people are not blind to it at all. Just skeptical of an OTC company as this song and dance has been played out many times before in the OTC world. Having high hopes is great and encouraged, but being balanced or neutral about it is typically a smart play as well. GLTA
Them doing only a 1bil buyback would be very deflating. They've diluted close to that amount just recently lol. Minimum 5bil in buyback, and ideally 10bil.
58mil in volume for a company with a 5mil float. Seems reasonable with no manipulation at all going on lol
Reeks of dilution