Atlantic Energy Solutions Inc (PK) (AESO) Quote

If the conversions happen WIZCO (and any common SH) get blown out of the water near term. That's why I don't see that as an option now. Id be shocked to see any conversions

And with the listed shareholder count of 70, pretty safe to assume that is probably close to locked up. Now if the conversions happen, that's all a moot point.

Yes cautiously optimistic. One other thing of note regarding share structure. The DTC, which is the tradable float, stayed at 33+ million. No change with the added shares. So we can assume at least 36 + million are restricted and remainder could be unregistered to trade.

Bottom line tradable float remained unchanged

Looking forward to the price reflecting the value by end of this year at the latest. IMO it's looking decent this could be the case. Once the shell badge gets removed, maybe additional tech company buys. Be cool if Miles intends to kind of follow Jesse Tinsley's acquisition model. Dude got rich enough to place a bid on TikTok with his bros. 

Yes They have a floor, but I think the current price is well below that, so I would think it will be well above in 2 months. At least we hope

Well, they have a downside provision in the 8K so I think they're fine. Hey, so doesn't have to pay them for it for at least a year though when the restriction disappears There's time for them to get their value back

Thanks. Did a quick read. Nothing new other than the purchase highlighted in the notes. So as of today they sold there company for $200,000. Lets hope they get more for their effort soon

Filings dropped on OTC

OK , that makes sense. So shares showing and sold last week shouldn't be from the purchase. I wouldn't expect the wizco people wanting to dump so quick anyways. I'm sure Miles mapped out his plans and growth expectations.

Says all Shareholders are restricted on page 4 item 3 of the 8k for 12 months. Could be wrong and things change. Not sure. 

Right that's the part I'm not clear on, how restricted these were. I thought 12 months, but maybe that's just for the owners .

Excellent points.

If it is them, why in the world would they sell at 0.00... for a measly $45,000???

I actually expected it to be more like 16M to all their investors off the bat, then 6M to start to the two founders w/ quarterly distributions following. But, I agree, if it's them selling (they're restricted so I feel it's unlikely) they don't think what they sold has any value. So 22M initially with the other 14M coming in increments over the year. Just an opinion, but all 36m hit already so who knows. 

From what I can glean from the 8k is 6+ mill vested immediate and then the remaining 12+ mill vest over 4 qtrs equally. I guess its possible they are selling their shares but I doubt it. say they sold 6 mill shares at an avg price of .0075. That's only $45,000. If its them , then they don't think much of there company.

Problem is, I've personally have picked up all the .00 I can handle..........

Yep, I see that. Curious though how vesting periods work since I thought the Distro for these was to be quarterly. I guess the total gets added as a placeholder or something. Still a nice float. 

I see they added the WIZCO purchased shares to the OS. OS now 84+ mill . Was 47.5 so numbers jive. Also confirms deal was completed.
I dont see any extra shares that could be used to dilute, at least not millions. Any shares you can pick up in the .00, is a gift IMO.

any bid sitters should keep them low, whom ever is on the ask needs to dump. he keeps walking it down.

Indeed. 

I hope there is new info but I'm not expecting much.

I have a stink bid in, looks like someone needs to unload a bunch and hes not getting any bites. If they are forced to dump, might get a bunch real cheap. Much better than WIZCO sell price

Looking forward to the filing next week. 

That's my hunch as well. They do trade on algos so with the dumpfest, it probably got caught up in that. Haven't seen any size on the ask today

I think it was MM...and I am inclined to think it was MM on the other side too.
Especially with that dump yesterday...I doubt retail picked up that much on the buying side...it looked like a preplanned sell and buy to me.
Anyone could exit for a reason? An account could be liquidated.
I know retail aren't allowed to use Margin on OTC but the huge market drop yesterday...a lot of options traders were liquidated and margin called.
Options typically expire on Fridays and sometimes on Thursday...so it stands to reason those dumps occurred on those days 

when I jumped into the middle of that dog pile on a rabbit the other day, my little bids were getting jumped by .0001 seconds after my bid went in, someone a whole lot smarter than me was playing on the bid/ask board, my conclusion, a market maker exiting a position... but why

The OS was just updated and verified and it shows no dilution as of 4/7. So this is either MM moving shares around or Ben selling, but I didn't think Ben had that many shares. Its a puzzle for sure

Yes could be from Ben, not sure how many shares he had total. I think we've seen over 6 million shares sell off, and probably more to come.

Could be the shares Ben Berry front loaded . Or the 1.7M he retained after cancelling the 96M. Who knows where it's coming from. Not your standard retail.

Yes could be dilution. We will know if a few weeks once the OS is updated.

I agree. This isn't a retail seller. I doubt any retail is holding that much and even if they did not at such a low price.
It could also mean dilution.
But really sad to it this low mehn! 

I could be wrong but I dont think this is retail selling. My theory is this is from MM that are being forced to dump shares given the major turmoil in the markets. Anyone here pick up the 900,000+ trade? Probably another MM on the other side? Just a guess

Don't think so.

The offer is at 0.0072 unless the buyer is the seller.

Has the seller left the building? Big bid at .0065 which they sold at on Wed. Now no hits.

15,000 shares traded - non event IMHO.

Yeah either the seller is not motivated today or its someone flipping from yesterday.

Seller moved to 72 now?They aren't done then 

Nothing happening.

Back to the waiting game, I guess.

0.0072 by 0.014 10,000 up

No volume.

Not a share - amazing.............

Bid $0.0072 Ask $0.0145 Bid/Ask Size 100/1,350

Looks like more selling will continue today, might be able to get the lows of yesterday again, we shall see.

I see shares under 1 are gone. Might be good I didn't delay my buying 

What's level 2 looking currently anyone pls

These are shown in the trade section in under each ticker in IHUB

I was curious what these numbers looked like. Thanks for sharing this Tre. 

You and me both, brother!!!

Nice to see some action. Fingers crossed 

I pray we are on the right side...

Some people hopefully will be very stupid -the sellers.

Some people hopefully will be very smart - the buyers.

All I know, is the risk reward is worth it.

Some people (the sellers) were either very smart or they were very stupid.

I'm routing for stupid!!!!!!!

Brutal day but will be ridiculous not get some.We will look back to a day like this and say buyers were either stupid or geniuses...lol