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Re: MC2 Atlantis post# 3951

Saturday, 03/23/2019 12:02:37 PM

Saturday, March 23, 2019 12:02:37 PM

Post# of 6476
So glad you opened this can of worms up MC2!!! I have noticed this 4 or 5 times in the past and every time (in my opinion) it is associated with Public Companies that have taken out toxic loans (convertible) in the past, I believe the companies or MM's making the loans keep a good portion of the converted shares to basically keep the PPM down so that the company HAS to come back to them and make more toxic loans until it trips out to zero's. Let's say Thunder Energies weren't able to obtain an equity line or traditional S1 funding arrangements, then they would be forced to go back to the guys making the toxic loans and pray they can pay it back within 6 months (which never happens because of all of the fees) then the lender just sells however many shares to recoop their 10x payback on the loan.

Luckily Thunder was able to get in bed with GHS, which will keep them from having to take out toxic loans that can't be paid back. However, they had some loans with PowerUp that they settled a while back and every since then this stock has been manipulated to the point of no return. Watch at the end of the days when someone intentionally will sell and buy $5 worth of shares dropping the price 10% a minute before the market closes.

The float on this is around 60 million now I THINK which turns over once or twice a month and barely makes traction with all of the games. I have learned to ride this one in waves and usually flip it twice a month.
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