Form 843 Stocks 2011-2023

In this video I want to run through some OTC filings for some of the OTC stocks that were on my watch list I've been reading a lot of filings related to companies that have done recent reverse splits listed stocks that have been doing reverse splits because that strategy requires understanding fundamental reasons why the company is doing the reverse split and now that I'm getting a little bit better understanding the filings and finding what kinds of things to look for with regards to financing or just how to read their balance sheet um I decided I should look into ot sees that I would possibly have been trading in the future and just see if there's anything that would keep me away from trading them so this first stock I'm going to talk about is M LTC this one made a big run from 6 cents to like 35 cents a couple days ago and then it's pulled back this is one that I would be looking for it to pull back in solid 8 and break out again to higher levels and let's take a look at some of their filings so this is OTC Markets comm this is where I'll go to read filings for OTC stocks and let's take a look at their 10 Q that's the record quarterly report the first thing to know is that they have about a hundred thousand sorry 100 million shares outstanding they've got five thousand five hundred dollars in cash and so a lot of times these balance sheets will say up here near the top of the balance sheets table that the numbers are in thousands in this case it doesn't say that so this is the actual number they've got $5,000 in cash they've got...