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Re: Smilin_B post# 35650

Thursday, 01/25/2018 11:18:58 AM

Thursday, January 25, 2018 11:18:58 AM

Post# of 50981
All part of the PUMP- the "Illusion of Activity"...

Your question is a legitimate one- "Who would buy all these shares?"

I've never seen a definitive answer, but my reasoned conclusion is that it's all done by institutional holders trading "wash sales" (in this case I mean sales that cancel each other out) for the same or practically the same price.

In this way, they create the Illusion of Activity... and "buzz"

I suspect it's done like this:

Institutional holders, e.g., broker/dealers, institutional investors, depository institutions, issuing and paying agents all hold or control billions of shares, held at the DTC.

IHSI shows over 10 BILLION shares held at the DTC.

SEE:
https://www.otcmarkets.com/stock/IHSI/profile


Here's a little about the DTC:
https://www.investopedia.com/terms/d/dtc.asp
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So these Broker/Dealers, agents, institutions or whatever, sell to each other, hundreds of millions at a time and at "wash" prices, thereby creating the illusion of a rush of apparent activity or INTEREST in the stock.

This is timed with "fluff" Press Releases, announcements of meaningless Strategic Agreements, Letters of Intent (LOIs), Memos of Understanding (MOUs), etc., along with an increase in social media "BUZZ".

Some even create new shell corporations and silly 5-page websites to make the Illusion seem even more real. The internet is littered with these leftover websites, and the phony corporations are left to die from non-payment or non-filing of reports.

Their hope is to entice RETAIL investors to take notice and buy shares.

Proof that the trades are done "off-market" (at the DTC) is readily available here with the IHUB Trades tool:
https://ih.advfn.com/stock-market/USOTC/intelligent-highway-solutions-IHSI/trades


If these were legitimate retail trades the black area would show red or green, not black. Black trades are done "off-market" presumably within the DTC.

And it works... to a degree. Some red/green trades HAVE shown up since this pump began.

But traders are wising up to the pattern.

Fluff PRs, announcements, rumors, outrageous new claims of impending deals, increased social media buzz all accompanied with a meteoric rise in volume that they HOPE will spark investor interest.

Good news is... I don't think this activity itself, i.e., the "dark trading" is dilutive to a great degree. Some toxic note holders may be able to convert and get out, but not a great number (hence IR's statement there have only been two conversions.)

Bad news is: It's all a con game!

They wouldn't need to resort to these desperate measures if there were a real company there! wink

Just my thoughts on the process. I welcome the thoughts of others.

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