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$CATV - George Sharp

George Sharp writes:

As of December 1, 2018, the number of shares issued and outstanding in CATV is 1.777 billion. What's worse, is that over 3.2 billion have been reserved by the toxic lenders who plan to convert their debt into shares whenever there is volume in the stock. Like this week. The reserve maxes out the 5 billion shares authorized in the company. You should believe that the toxic lenders converted and sold as much stock as they possibly could this week. They may even be indirectly responsible for whatever pump created the volume.

George has ZERO way to know if 3.2 Billion shares have been "reserved" by "toxic" lenders who "plan" to convert whenever there is volume in the stock.

He says: "Like this week" ?????

Like, really George If the toxic lenders were converting hundreds of millions of shares "like this week" then i'd imagine we'd have witnessed a bigtime stall at a certain level (ie: auto refreshing at the .0003 or .0004 ask as conversions keep selling small lots then just when u think it'll move up to the next tier level, the sell orders show up again)


Did anyone notice something like this?


Nope


There were no "toxic" conversions hitting the market, but truth be told, I hope they did and I hope retail absorbed a great deal of them.


But was that happening today, as the PPS was ratcheting higher and higher, trading beautifully and on such high volume?


Tell us George?, where were the toxic conversions at when CATV was heading north through all areas of resistance with ease?


Where were they?

George writes: "You should believe that the toxic lenders converted and sold as much stock as they possibly could this week."

Really?

Yesterday? Today?

As much as they could?

Come on George, if they did that, the PPS would never have cleared even .0003/share. Note holders would have just sat there like a fat kid.

None of these things happened.

The only thing that killed the shares today, - - - was George Sharp