unkown
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I have a large holding of ASNA shares because I believe the market cap is extremely low compared to the assets they own even considering their debt situation.But I am not seeing a good earnings report this next Q. They guided to a $4 to $6 dollar a share LOSS from continuing operations. Seems the tariff situation gets them this Q. That is why the share price retreated after spiking after last earnings announcement. But I am expecting much better results in the future. But this Q might have some gains from discontinued operations as well as a one-time gain from debt extinguishment.
But I do not see how adding inventory would affect profit/loss. Wouldn’t it just be a balance sheet issue?
I am no accountant
Added more the last hour myself. The risk/reward ratio here looks overwhelming to me. FRAN just needs to show some positive earnings and a little upbeat guidance and with all the shorts and this lean share structure (extremely low market cap) we should be golden. Betting on it anyway!
Special thanks to tdeck for posting all of his great research and opinions regarding FRAN.
Should happen. While last night's credit insurance news wasn't the sexiest, it was another large piece to the puzzle to enable VRUS's super-accelerating growth plans to come to fruition. While undervalued at the moment, I am looking forward to seeing large gains here with VRUS and continously reaching new highs in the next days-weeks-months-years.
Sorry.... On a quick dive down they will not fill the AON. An amount equal or greater than your AON bid has to sit on the ask for a while before it will fill.
As long as your order wasn't an AON I would contact them about it....
That new short interest data is nothing short of amazing to me! Shorts usually have an ace up their sleeve to be this obnoxious with their short-selling. Here it would seem all the negatives are already out and a turnaround (at least short-term) is in place. I believe a bit of good news here and this could explode given our extremely low market cap. Glad I loaded heavily the last couple of weeks. Looking to a fun-filled rest of the year with FRAN.
You can definitely buy on Etrade but you have to call in. You should still get the same commission pricing as on-line trading if you ask. Worth the hassle in this case. IMHO
Congratulations! Best comment I have read on this board concerning our future uplisting goal. I am sure that is exactly how our management is approaching it and that makes me an extremely happy investor of $VGUS!
Thanks for sharing that information with us Hammertofall. Very relevant!
I am also thinking that the less than amicable divorce/spinoff of the NestBuilder real estate division could be contributing to this drawn-out process. I can imagine less than prompt replies as the auditors request information from them. IMHO
Starting to see why ARGQ's lenders were willing to borrow them money at a minimum $.02 conversion price to purchase these funds. ARGQ's business plan looks solid and they wanted in! IMHO
I think almost all of this volume is from the toxic lender(s) selling. You could tell from the size of the T-trade that was the case yesterday. And today they definitely had a goal to unload a bunch more.
I have been adding at these levels. The failure of the bridge loan to come to fruition in time to satisfy these toxic loans was very unfortunate. But now with $50k+ plus per week coming in from the harvest and all the other positives here this is extremely undervalued. I think these shares that are being just dumped into the market should be considered a gift. Looking forward to an update from Jan soon. IMHO
And I don't think he has been quiet this long just to finally tell us bad news but one never knows for sure. Hoping to hear conventional loan closed and no further conversions ahead of us. IMHO
I agree. We just did get a twitter update on a nice-looking chile pepper crop but what is more important now is information on the finalization of the $5m financing and the payment of those convertible notes you mentioned. IMHO
Chart looking great! Could break to $.03 even before we get the expected financing news that should be coming shortly. Seems the persistent seller is finally done. IMHO
PGUS is definitely being overlooked and undervalued at the present time. But sentiment can change rapidly in the OTC. Perfect time for fundamental value investors to be accumulating. IMHO
Once we close and take possession of the $5M non-toxic 2-year bridge financing the share price should recover and head back towards new highs. I am thinking it could happen next week after the holiday. With that financing we should see a flurry of activity as we develope the new farm as well as continue on with developing Cielo Mar. Will also be be seeing updates on the progress of this season's peppers. Continuing to add shares at these great prices for buyers. Not sure who is selling but I guess I really don't care as we know it is NOT dilution. IMHO
PEIX Bought a position Friday. Although ethanol margins are not very good at the moment it seems that PEIX has diverted strongly in the negative direction the last few weeks from other ethanol stocks. I believe it had to do with their being excluded from the Russell 3000 Index and ensuing rebalancing by fund managers and am looking for a 15-20% rebpound in the next couple weeks or so. Might hold a portion longer-term also as it is down at multi-year lows right now due to present low margins and political uncertainty in addition to the shorter-term rebalancing effect.(which ended Friday) IMHO
It does get old but shouldn't last much longer. I think someone is trying to shake the tree to get some cheapies before the $5M bridge loan is completed. Could also be we have a real seller that is helping them out. Hard to say but we need the loan finalized so we have the cash in bank to pay off the convertibles as smartly as possible. But it is hard for a true long to look at this action unless a person is considering adding more cheapies which is what I have been continuing to do. Good luck to us all and hopefully these shenanigans will end soon. IMHO
Does seem like BMAK is actually selling a few shares. Someone gave me 40K right before close at .02. OTCX just seems to be playing the spread and making pocket change by shaving the bid/ask. Need the bridge loan closed (notes paid off) and the ensuing volume should fix our problems. This is way undervalued at this point.IMHO
Very well-written article. His thoughts echo mine 100%. Nice find!
A step in the right direction for more exposure for $PGUS.
Nice news today to go along with some nice buying. Go $PGUS!
One day the share price will reflect all this good news we have received the last few months. PGUS deserves to be around a nickle rather than 2 cents. Our time will come.... IMHO
The convertible would be the 2nd item listed (for May 22)... Looks like Tangiers purchased a little over 2M shares on May 24. IMHO
May 24, 2018 2,117,747 shares of Common Stock. Tangiers Global, LLC NA $50,000/NA
May 22, 2018 Convertible Promissory Note in the principal amount of $105,000 issued to Tangiers Global, LLC. Private Investor NA $236,085/NA
From 8K "May 24, 2018 2,117,747 shares of Common Stock. Tangiers Global, LLC NA $50,000/NA"
PERI I am betting it does with a large position. I liked the addition of the new Chairman of the Board to match up with the high-level management already in place. Such a luxury for them to be working with such a cash-generating machine. Now we just sit back and watch what this talented group can build with it. IMHO
FORD Agree 100%. Been buying last night and this morning. No doubt they will have some positives to add to the earnings release. This is a much more interesting and dynamic company after this merger. IMHO
FORD Initially I read it like everyone else but after you made your pitch I believe you are correct about the 5 cent Q. Added after hours thanks to your interpretation. Hope we are correct.....
PERI Agree completely. Just listened to CC transcript and see absolutely no reason to sell in the ones. Holding strong as I believe news will just get better and better from here on out. IMHO
PERI I picked up a few of those .71's at the open myself a few days ago. PERI should have never been trading in the .80's much less the .70's IMHO. The company has transformed itself with all new leadership which has yet to really show up in the bottom line and especially the share price. I think that will all change here shortly and we begin the climb to $2-$3. I'm thinking tomorrow will be the last chance to buy any more of these ultra-cheap .70's. Not expecting anthing overly exciting Thursday morning just the beginning of steady improving performances.
IMHO
Nice update today! ProGreen Acquiring Additional 2,500 Acres In Baja California
PR NEWSWIRE 12:12 PM ET 5/3/2018
SAN DIEGO , May 3, 2018 /PRNewswire/ -- ProGreen US, Inc. (ProGreen) , a San Diego-based company with land development projects in Baja California, Mexico, today announced that it is acquiring an additional 2,500 acre tract of land near its existing projects in Baja California.
ProGreen US logo (PRNewsfoto/ProGreen US)
ProGreen, through its Procon subsidiary, is in the process of acquiring a large tract of land less than a mile from the existing Arenoso farm, with the same access.
Click to Tweet: https://ctt.ec/Apb3Y
To learn more about ProGreen's projects, visit: https://www.progreenus.com/
"It's a beautiful piece of land with enormous possibilities for our projects, and within walking distance of the Arenoso farm." said Jan Telander, CEO of ProGreen. "The first use of the land will be for expansion of the farming operations, for which we expect more than 1,000 acres to be farmable, providing for substantial growth in the coming years."
The existing Arenoso farm is situated on the 300 acre tract that was purchased in 2016. Planting of chili peppers for the 2018 crop is now advancing well, for supply of harvested peppers to Huy Fong Foods beginning in late summer.
Other recent developments at the farm include a solar installation for powering office equipment and use by the workers' living quarters, fixed phone and permanent internet access with wifi, as well as a fuel station currently being installed on location by Dagal, distributor for Pemex, for convenient access at the farm for all diesel-powered equipment.
About ProGreen US, Inc.
ProGreen US, Inc. , headquartered in San Diego, California, is engaged primarily with investments in agriculture and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V., as well as through its majority-owned Mexican subsidiary Procon Baja JV. The farming operation is supplying chili peppers to Huy Fong Foods for 2018, and a totally green, 5,000 acre oceanfront resort-style vacation and retirement community is being planned, called Cielo Mar. For additional information about ProGreen and its projects, visit our website at www.progreenus.com. Follow us on Twitter: @ProGreenUS
PERI Been adding these last few weeks to an already large position. Priced for bankrupcy and trading right at all-time lows. All while the search business is now growing after Q's of declining revenues while their advertising business has seemingly positioned itself nicely for the future.
And the company generates a lot of cash, $66.5M over the past 2 years. Yet today's marketcap is only $55.5M. And they have guided for 2018 adjusted EBITDA of $28 million to $32 million. They reduced debt by 17% last year while still spending $10M on R&D for the technology for a new product that they are introducing to clients now and should be making an announcement on soon. Going forward there should no longer be any write-downs so I would expect "cleaner" financial reports as well as sequential impovements starting with Q2. (Q4 advertising business has seasonal strength)
Plus the CEO, who has been there a year now, is a respected turnaround specialist. In my mind this is a very low risk/ high reward play and I will patiently wait while the market catches up with the developements being made at the company. Need to look at cash flow with PERI instead of P/E although nice earnings numbers should be coming as the year progresses.
IMHO
Monday should be a big day for ARGQ. It is pretty clear the 4 funds will be acquired by then. I would expect the formal announcement sometime Monday or before. To me the word initially used at the beginning of the sentence is telling us that more funds will be purchased folllowing the closing of these first 4. This is just the beginning. The company has a chance to to transform itself into something quite special. IMHO
It turns out they were at the 1-yard line (their own) but now they are in much better field position and ready to score soon on a couple of long strikes.
IMHO
With today's $42 millions dollar valuation of Cielo Mar by the CBRE Group, Inc.(CBRE currently trading at $47.69 on the NYSE), PGUS should now be able to obtain the standard financing needed to fully develope Progreen Farms as well as continue developing Cielo Mar.
Great news this AM!
Agree that this is one of the few great long-term plays in the OTC. I think we will see nice catalysts starting this week (or next at the latest). Either way, I expect we will see a close above .03 very shortly which will start a nice run for us. Still very undervalued at this level for all the potential PGUS has with the farming and ocean-side developement. IMHO
PERI I also believe the office closing and layoffs were definitely perceived by the market as negative and caused the 10%+ drop this week.
Why it was this low in the first place is another thing. I guess it is like why was PCMI in the 6's a couple of weeks ago? Who knows? I guess selling begets selling sometimes.
I am fully expecting an after earnings rally for PERI similiar to what PCMI had. IMHO
PERI Thanks for finding that! I think someone read that pre-market, perceived it as bad news, and just dumped into the highest bid available. Daytraders who had reached their stop-limits along with jittery pre-earnings holders just starting selling.
I thought is was (is) a great day to be buying. We will see later this week. IMHO
PERI Clearly the best risk/reward Nasdaq stock for me now that PCMI isn't in the low 7's any longer. Agree with your reasonings for the selling and low price but still think the strong fundamentals should be overriding that. Feel very safe and extremely lucky to be able to continuously add at this level. If things play out along the lines the CEO has hinted at this could be a big winner for 2018. I'm thinking most of the turnaround is complete and we are soon to see the results. The numbers this Q should look very nice for a $.94 cent stock and then we start posting some Q/Q revenue and earnings beats that will really get investors attention. IMHO