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Replies to #46422 on lowtrade

lowtrade

11/02/18 8:27 PM

#46423 RE: la_trader #46422

I think I have no idea of what has been happening there. SURE dilution drags price down to the triple zero area sometimes. But not with a company with this ones assets. And with $10's of millions spent in private placements in 2017 & 2018 with no way to see price paid. Event so, PAR is .01. That's the bottom the company has as of the last Q report. Shouldn't be able to change without shareholder vote or announcement..

Things are confusing!!! As the last PUBLIC offering close in Apr 2017 to SHABBY & sub's went for over a buck, with warrants @ .39.

And every private or public offering along with 10K's and 10Q's stating PAR value of .01.

SO; there should be no way the company can offer and sell below .01. Plus the CEO just converted $250k @ $1.

How the hell or who the hell can and/or will dump at sub par is a wonderment to me.

All I do know is; I will be ending up with the largest loss in my trading career, someday, with this one. And have no idea how they (the insiders & venture capitalist) benefit from shareholder losses. When theirs have to as large as most shareholders. It doesn't event make sense to reverse split at this point. IMO

For any investor selling 1.74 billion shares @ .0001 can't profit! But they are deluding down there anyway?

I'm not a complainer, because I cause my own failures and accomplishments. But would recommend someone to call the transfer agent about this NO BID situation. There was an entity (be it company or listing market maker) who told them to go no bid at 10:30 am on this Friday.

That means everyone, you can't sell for more, until there is a bid. And if this lasts to long it will be delisted from the OTC. Just like a dead company with no CEO or assets.