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Big Brother

08/21/22 7:19 AM

#3765 RE: Potse #3764

Yeah, I noticed that same thing happened to you in TCRI last year. I saw your post on it and thought it looked interesting but it was getting dumped like crazy around .05 or .06 cents, which I thought was a little suspect, perhaps maybe someone knew something we did not (ie R/S) and I passed on buying......then it turned around and ran to $3.50.....lol....so missed the boat there.

ADMG looks like a similar situation, someone been dumping that one like crazy as well......Asian RM's, if that's what it is, can do massive reverse splits and/or massive share issuances, no share structure is safe with them....which makes the dumping that much more concerning.

I have not done a ton of research into the Eastland's beyond TGRP, which did not R/S despite a higher ss, I followed that one from the initial trading but it was also a newer issue with few shares held @ DTC, which tend to be safer from reverse splits......but I do believe they have been involved in some other OTC tickers as well.

IDK its a tough call, definitely a bit concerning but I might grab some, you usually have good instincts about these things and you've certainly gone very big into it.
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Traderfan

08/21/22 3:13 PM

#3767 RE: Potse #3764

Potse, regaring ADMG

Absolutely agree here, always been one of the best shells out there that's why I own it for a while now but I never had a good position so I was taking some on the block selling lately at 6 and 5. Such a shell should see a good merger, what is strange to me is that these guys did the change of control quite a while ago and I expected something by now but obviously they sure take their time. You got a nice position on this one if they ever come through with something tangible.

Real float must be very low right now if there is 800k in your hands on top of the already low float, that said we didn't have a share structure update for about 10 days now so let's see what the new SS is once updated now after the couple dumps happened lately.