The Blind Squirrel

[Zardiw]

TBS Tip on OTC Convertible Lenders:

Tripletail Wednesday, 04/27/16 10:32:19 AM
Re: mtlebomac post# 12164
Post # of 12764

Well, lets examine your statement...

A "ton" of shares is what happens when the the price is trips1.

25 million shares is about 2500 dollars. That was the volume yesterday. $2500.00....pitiful.

Here is the problem...people do not adjust their paradigm fast enough and the MM's know that...people just look at volume without looking at the trade amount in dollars. You are thunderstruck by 25 million shares being traded....if that was Apple, sure, it would be impressive. But this ain't Apple.

Retail is buying lottery tickets on this thing right now. People are dropping a couple hundred bucks for 2 million shares knowing that this thing is going to R/S at any time.

There is nothing left. The pumps were marginal on this thing because the SEC has absolutely put the brakes on this stuff. As a matter of fact, right now it is entirely possible that the SEC is giving some love to DCAC. You have heard nothing from the CEO. Some of you have emailed him with no response.

There may be one more dead-cat bounce left for you to get out on but that is iffy.

Once a CEO gets his check from the lender, he is done with any real control. They will promise him that they will lend more money if a CEO helps pump it. The lenders will fly a CEO to their HQ and make all sorts of promises to get shares to dump here on the OTC.

Sometimes the lenders get stuck and they are bagholders also. That is when things get a little nasty ( and I do mean nasty) and a CEO is forced to change the PAR value and move the decimal point to get the lenders out.

Most OTC penny companies are not real companies. They use virtual offices like Regus, or their parents address, have fictional partners, fictional financials, etc. Of course it is all legal because when you read the financials you see that they often actually say that the document is probably meaningless because they do not have the proper controls in place to assure the information is correct. The SEC allows that. All in an effort to make you think that it is a huge company with many employees, partners, etc. Not just one little man or woman with a stack of worthless corporate documents peddling par shares to a lender.

Of course, the average Joe Retail on the OTC ignores that and treats these companies like their favorite football team. They get angry if someone points out the "fine print".

Next thing you know...trips1 and every one is surprised that a CEO won't answer the emails like he did during the pump when the MM's were unloading the dilution for the lenders.

z