Penny Stock Thread

382,671 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
tsuag10
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Sorry if I missed it, but any thoughts on $BANT?




Spoony Love
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I mean, while they have a patent for drone delivery service, their approach seems to be a shakedown.

Do you know anything about what the patent covers?

It would seem to me that waiting on litigation for revenues is very risky.

The interesting part is who they might identify as potential targets. If those targets are well known, then licensing is usually the route. Easier for large companies to just license the product then battle in patent court.
Spoony Love
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EGOC playing games? Suddenly a 65% day. Looking for filings but can't find any.
Brian Earl Spilner
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Where are you seeing that? I still see +10% everywhere.
Spoony Love
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TOS is showing trade price of 0.0132
Brian Earl Spilner
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Guess it might be ahead of TV and investorshub.
tsuag10
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I know absolutely nothing. I just got sent the ticker by a friend. Just curious if it was on anyone's radar here.
jtraggie99
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I'm showing it's up 55% at the moment...
cevans_40
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Spoony Love said:

EGOC playing games? Suddenly a 65% day. Looking for filings but can't find any.
How is it possible that I couldn't buy more last week when it was way down?

Just seems rigged.
Spoony Love
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And just like that it's gone. TOS showing 0.0072 after 1,000 shares dropped it from a 55% up to 10% down.

That equates to a sale of $7.20 without any fees.

Tell me this isn't manipulated. If someone can drive this price action for the cost a #1 at Whataburger, we are being played when we can't purchase any stock.
Brian Earl Spilner
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EGOC:
South Platte
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Spoony Love said:

And just like that it's gone. TOS showing 0.0072 after 1,000 shares dropped it from a 55% up to 10% down.

That equates to a sale of $7.20 without any fees.

Tell me this isn't manipulated. If someone can drive this price action for the cost a #1 at Whataburger, we are being played when we can't purchase any stock.
Up now huge. These are really tiny trades and don't appear to be reflective of anything. Going to have to wait for EGOC to get stuff posted and approved before genuine trading occurs. HPIL is now tradable again on common platforms.
Orome
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So anyone else getting nervous over EGOC…?
Spoony Love
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Looking for a bottom entry for $RGBP? We may be seeing it soon.
Orome
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Spoony Love said:

Looking for a bottom entry for $RGBP? We may be seeing it soon.


Another rough day. Is this because people were expecting a buyout?
Tibbers
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Folks at RGBP have been talking about a buyout for a long, long time. Maybe more dilution?
Spoony Love
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I think the talk of buyout attracted many short term investors.

With the 8-k released today there are two things that happened.

1. There is essentially a dilutive effect to pay for the ChemDev payable. But that is now paid and cleared and that is very good news.

2. The letter to shareholders didn't setup a scenario for a buyout as it talks of licensing deals and hiring a Chief Science Officer. They are looking at selling licenses to their patents.

I think short termers have incorrectly jumped ship. I'm still in the buyout camp it's just being pushed down the road perhaps. But if they can generate revenue as is, then I'm still riding this thing.
Nitro Power
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I was hoping for better performance from ILUS today, but wasn't to be. Still end the week green.
Brian Earl Spilner
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Orome said:

So anyone else getting nervous over EGOC…?


Nitro Power
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Sell it, cut your loses, and recover in ILUS by the end of October
Tibbers
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Your decision but if we can get current, it'll be really fun. Right now I just consider this a heart pumper and thrill ride! Lol
Nitro Power
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Come on...aren't they all...who doesn't love being up 30% one day and 40% down the next
Brian Earl Spilner
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LatinAggie1997 said:

Interesting post this weekend on Stocktwits.
An email response from the OTC about companies that filed the required paperwork prior to the deadline will be pink current by Sept 28 deadline, as long as all parameters are satisfactory.
LatinAggie1997
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Perfect.
Orome
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EGOC filings updated on OTC market site:

https://www.otcmarkets.com/stock/EGOC/overview
LatinAggie1997
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Orome said:

EGOC filings updated on OTC market site:

https://www.otcmarkets.com/stock/EGOC/overview


Quick glance and couldn't tell what was what, specifics anyway....summary or relevant details please.
Ags2013
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LatinAggie1997 said:

Orome said:

EGOC filings updated on OTC market site:

https://www.otcmarkets.com/stock/EGOC/overview


Quick glance and couldn't tell what was what, specifics anyway....summary or relevant details please.
Any idea when people can buy it again?
LatinAggie1997
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No idea..might be immediately or might be a day. Hopefully someone explains.
Orome
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My understanding is that these are the statements that create the SEC compliant/'pink' status and we should be able to buy sooner or later. However, Schwab still won't let us buy Pink OTC stocks right now so who knows. Maybe @Tibbers will be able to provide more detail soon.
LatinAggie1997
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Makes sense.
Likely that...
Filings ate listed and now we wait for SEC to decide.
LatinAggie1997
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Someone on Stocktwits posted that these are irrelevant because they are from 2019 amd 2020. Unsure what is next bit a question was asked about the process.
Orome
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I think they're both irrelevant and relevant because don't they need the 2021 financials which are built off previous year...maybe?
Spoony Love
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EGOC: They aren't exactly irrelevant in the sense that at least we know they are trying to comply with reporting standards.

The last filing is for the six months ending 6/30/21. So they are at least current in regards to filings.

They have a 12/31 end of year so audited, annual financials will not be available until after that date.

It's now pump and dump time unless they start releasing 8-ks with significant information. Reports state there are no operations. Which has been my biggest hurdle thus far: I don't know what they do.

8-ks are easily released so let's see where they take this.
LatinAggie1997
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Ok, thanks!
Brian Earl Spilner
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I'm now fully confused as to what's happening and what comes next.
 
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