J. P. Carey was issued 200,233,698 shares on 04/12/2019. From 4/12 to 4/30 only 125.8 million shares traded; a 10.48m daily average. Likely very few of those traded shares were from Carey.
There are 7 notes with past due maturity dates totaling $93,000. We don’t know if any of these have been issued shares since the end of Q2. After those 7 the remaining notes have a 2020 maturity date.
It is my opinion Berman is clearing the above 7 notes. It would explain some of the volume increase and a tanked price per share that can’t seem to recover. There have been a lot of shares issued since 12/11/2018. Hoping once this is complete, we can experience a recovery in price per share.
Shares traded during Q1:
November – 270.0m, 12.85m daily average
December – 350.0m, 18.42m daily average
January – 291.0m, 14.55m daily average
Total Q1 shares traded – 911,000,000, 15.18m daily average
Shares issued for debt conversion: 141,561,726 on 12/11/2018, Carpathia LLC
Shares traded during Q2:
February – 464.3m, 24.43m daily average
March – 516.8m, 24.43m daily average
April – 254.5m, 12.12m daily average
Total Q2 shares traded – 1,235,600,000, 20.25m daily average
Shares issued for debt conversion: 285,237,626, (02/14/2019, 85,003,928 to Carpathia LLC – 04/12/2019, 200,233,698 to J. P. Carey)
Shares traded during Q3 (13 days remaining)
May – 981.4m, 44.6m daily average
June – 753.0m, 37.65m daily average
July – 328.6m, 36.50m daily average
Total Q3 shares traded as of 7/12/2019 – 2,063,000,000, 40.45m daily average
Shares issued for debt conversion: Unknown until release of Q3 filing.
There are 7 notes with past due maturity dates totaling $93,000. We don’t know if any of these have been issued shares since the end of Q2. After those 7 the remaining notes have a 2020 maturity date.
It is my opinion Berman is clearing the above 7 notes. It would explain some of the volume increase and a tanked price per share that can’t seem to recover. There have been a lot of shares issued since 12/11/2018. Hoping once this is complete, we can experience a recovery in price per share.
Shares traded during Q1:
November – 270.0m, 12.85m daily average
December – 350.0m, 18.42m daily average
January – 291.0m, 14.55m daily average
Total Q1 shares traded – 911,000,000, 15.18m daily average
Shares issued for debt conversion: 141,561,726 on 12/11/2018, Carpathia LLC
Shares traded during Q2:
February – 464.3m, 24.43m daily average
March – 516.8m, 24.43m daily average
April – 254.5m, 12.12m daily average
Total Q2 shares traded – 1,235,600,000, 20.25m daily average
Shares issued for debt conversion: 285,237,626, (02/14/2019, 85,003,928 to Carpathia LLC – 04/12/2019, 200,233,698 to J. P. Carey)
Shares traded during Q3 (13 days remaining)
May – 981.4m, 44.6m daily average
June – 753.0m, 37.65m daily average
July – 328.6m, 36.50m daily average
Total Q3 shares traded as of 7/12/2019 – 2,063,000,000, 40.45m daily average
Shares issued for debt conversion: Unknown until release of Q3 filing.
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