At least I’m not talking about a RS.

Yep- totally agree - bad Karma to bad mouth your own stock !!

If you don't like YRCM, sell your shares. Plenty of people here that'll take them off your hands...and one less thing you have to complain about.

Bought this but I should’ve bought SPZI & made money. When I bought YCRM, SPZI was .005 or .006 cents. I could have doubled my money. Always making a wrong decision. Hopefully I can on May 15th.

What kind of SEC filing(s) are we waiting for in this 15 days Grace Period to avoid $YCRM going into EXPERT MARKET by or after 5/15? Is it the Attorney Letter or Q filing for period 3/31/24 or both or something else...???

The Trillium note dilution is a non event compared to the preferred shares convertible that Rick and company have at their disposal.

Trillium’s two notes mature on May 31, 2025 - still a year away.

If anyone could cite an example of a Trillium note in which they converted before maturity without stating explicitly in any filings would be great.

If the fear of Trillium dilution is deterring buyers right now, and it ends up not happening until after May 31, 2025, potential buyers may have missed out on huge gains in the interim!

Trillium pumps everything else all over the place yet is suspiciously silent on this and only this… way too sus.

Not even a paid promo with a Twitter influencer or iHub poster.

Only the pumps and dumps everyone hears about… when it’s legitimate they don’t want too much retail in it controlling and locking the float especially while on the ground floor!

5 things that make this different from any other Trillium deal:

(i) Notes > 1 year to maturity

(ii) Notes with no early conversion before maturity

(iii) No other lenders

(iv) S-1 Equity Financing Agreement filed with “no shorting” provision

(v) No paid promo

They spell out part of it in the the filings... that's 1b shares with a B.

I acknowledge the combined entity, as it was after acquisition, shows that revenue the last 3 months of 2023, trailing 12 month combined with YCRM. Because that's how the 8k presents.

That’s what I thought

It probably the truth but you’re keeping the PPS whenever you mention it. Tomorrow we probably see .005’s.

https://finance.yahoo.com/news/nfusz-inc-fusz-files-form-221803464.html

$VERB / $FUSZ the OTC to Nasdaq uplist that filed an Equity Purchase Agreement with identical terms:

"The Purchase Agreement also contains a 'no shorting' provision."

https://finance.yahoo.com/news/nfusz-inc-fusz-files-form-221803464.html

"According to the terms of the Equity Financing Agreement, neither TRILLIUM nor any affiliate of TRILLIUM acting on its behalf or pursuant to any understanding with it will execute any short sales during the term of this offering."

https://www.sec.gov/edgar/search/#yuenglings_s1a.htm

How long is your investment horizon?

And, if I were you guys, I'd be figuring out how those preferred shares will become 87.5% plus 10% plus 2.5% of the total issued and outstanding shares of common stock... The company has been vague about the mechanics of the conversion, but it does make sense that the owners of Reachout who invested in its startup and growth would want to keep their company. They haven't said "reverse split," but it is the direct path to wiping out the legacy shares of YCRM's prior failed business.

If I were you, I wouldn't be using that company as an example of anything positive for an uplist. The shareholders who held through the RS, offering, and uplist lost a lot of money, and the stock has tanked completely, down 99%.

Reachout published their full year FY23 revenue and included it in that 8K.

It was $4.2M

Or $11,002,568 Revenue (TTM) for
12 months?

Do you acknowledge that ReachOut had $2,750,642 Revenue from 9/29-12/31/23 or 3 months?

Yes, that's the full 12 month.

YCRM for the first 9 months, then ReachOut the last 3. You think they're purposefully not showing $13m in revenue in their first major filing?

“The RedGear LLC’s pro forma statement of operations is based on its full year or operations, whereas the consolidated financial statements of ReachOut will only include the results from the date of acquisition, September 29, to December 31, 2023.”

No, it's " Pro-forma combined statements of operations

Twelve Month Period "

Fiscal Year Ended December 31, 2023

Straight from "EX-99.3 5 yuenglingsice_ex99-3.htm"

Read the last paragraph above key line items. ReachOut only included results from the date of acquisition 9/29-12/31.

The way I read the proforma is the $2,750,642 Revenue for ReachOut was from 9/29-12/31/23 or 3 months.

Just multiplying that by 4 is a yearly ~$11M Revenue for ReachOut.

The unaudited pro forma combined condensed statements of operations are based on YCRM financial statements as filed with the SEC for the year ended October 31, 2023 and the unaudited financial statements of ReachOut and its subsidiary (IND) is based on the financial statements used in developing the December 31, 2023 consolidated financial statements.

The RedGear LLC’s pro forma statement of operations is based on its full year or operations,

whereas the consolidated financial statements of ReachOut will only include the results from the date of acquisition, September 29, to December 31, 2023.

Their annual revenue (TTM) is closer to $2.7 x 4 + $4.6 = $15.4 M for FY 2023.

Maybe I read a different filing this week from YCRM. They didn't show $13.7m revenue. The pro forma showed $7,384,747 as revenue thru end of 2023. It'd be a tough valuation to give 10x for a MSP. Most likely they'd get a 2x-5x on revenue... but that's not factoring in the liabilities RO assumed along with the expenses going out to 7 years.

I'm not a downer on this stock, but there's some things that should be factored in that aren't discussed.

Revenue growth Y-o-Y is absolutely stellar, and for this to be trading at $2.7 M market cap is ridiculously undervalued.

A first ever financials PR with revenue hitting Bloomberg terminals should attract long-term fundamentals investors finding ReachOut for the first time who want to get in on the ground floor.

Get the word out about ReachOut!

$2.5 Market Cap for a $13.7 M+ Revenue (and growing) company.

They may PR the upcoming 10-KT and/or Q1 financials.

Trillium could use that as a catalyst to bid up $YCRM quickly to rerate share price to rightful valuation based on P/S ratio.

NASDAQ uplisting requires a waiting period of 30+ days after a R/S that would require a larger R/S to stay above the $4 min share price.

The alternative is ReachOut does another raise at time of the R/S and uplisting to avoid the waiting period in order to actually uplist at the $4 share price.

Any sale after uplist in that type of volume you outlined would drove the share price down significantly. If they did go this way, i doubt they'd sell and burn themselves.

$VERB / $FUSZ uplisted from OTC to Nasdaq with an identical Equity Purchase Agreement in 2019x

$VERB / $FUSZ had 0 revenues.

More fundamentals-driven market today, and ReachOut has the financials to back an uplisting with institutional sponsorship.

ReachOut is valued at 10x P/S ratio.

At $13.7 M revenue currently, ReachOut’s valuation is $137 M.

$137 MC is ~ .40 SP

Per the S-1 Equity Financing Agreement:

1. Maximum shares Trillium can draw is 9.9% * 349,488,710 = 34,599,382

2. Maximum $ ReachOut can draw is $3,000,000.

Trillium is acquiring up to 34 million shares at a 15% discount.

Trillium can then sell these shares immediately for a 15% gain. However, not enough volume to sell 34 million shares on the open market.

Trillium's best interest is to hold and bid the share price up to .40, then 10:1 RS to meet $4 SP minimum for Nasdaq uplist.

Trillium can then sell their 3.4 million shares @ $4+ and make $10 million+.

If Rick wants to uplist to a bigger board, he'll have to RS to meet the requirements. Hard truths.

YCRM will be part of a new ETF, the Human Fund. It's money for people.

Please 🙏 don’t mention RS on any boards. It makes investors sell their shares . We don’t need your advice on this matter.

Thanks

Birch

https://seekingalpha.com/article/4160388-sudden-infusion-of-nfusz-shares

It has since been announced that nFüsz has put stock to Kodiak. In an 8-K dated 3/9/18, the company stated:

On March 5, 2018, we effected an agreement with Kodiak, pursuant to which we put 2,308,460 shares to Kodiak for net proceeds of $925,000, or approximately $0.40 per share, and we put 739,645 shares to Kodiak for net proceeds of $75,000, or approximately $0.10 per share (referred to collectively as the “March Put”).

This would be the first half of the put agreement, with another $1MM dollars worth of common stock still available.

Another (former) OTC stock completed an S-1 Equity Purchase Agreement with identical terms to $YCRM and eventually listed on Nasdaq within 1.5 years.

nFusz CEO, Rory J. Cutaia, explained, "This deal structure is somewhat unique, especially for an OTC listed company. It's basically on-demand capital.

It allows us to draw funds as and when we determine, in amounts not limited by the then current trading volume of our stock. It assures us access to capital on terms that minimize dilution to our shareholders with whom our interests are aligned.

And it allows us to focus our time on growing this incredibly exciting business," continues Mr. Cutaia.

https://finance.yahoo.com/news/nfusz-inc-fusz-files-form-221803464.html


Sales intelligence firm Nfusz Inc., based in Hollywood, announced Feb. 4 it will change its name to Verb Technology Company Inc. in preparation for a planned listing on the Nasdaq stock exchange.

The company’s existing listing on the OTC Markets Group venture market will change temporarily to “FUSZD,” then remain “FUSZ”. Verb Technology will list as “VERB” on the Nasdaq.

Verb Technology also announced a stock consolidation in the form of a 1-for-15 reverse stock split .

According to Verb, the move is consistent with its previously announced plan to meet the Nasdaq requirements for up-listing company stock, approved by its board of directors Jan. 31.

Verb Technology noted all stockholders will be uniformly affected by this change but will not experience differences in their individual interest in the company’s equity. After the consolidation, Verb Technology will have 12.2 million shares of outstanding common stock.

At close of day on Feb. 4, FUSZ stock was trading at $7.01 with a market cap of $93 million.

https://labusinessjournal.com/technology/nfusz-becomes-verb-technology-plans-nasdaq-listing/#:~:text=4%20it%20will%20change%20its,%E2%80%9CVERB%E2%80%9D%20on%20the%20Nasdaq

$VERB (formerly $FUSZ) filed an S-1 for an Equity Financing Agreement in 2017 with identical terms and uplisted to Nasdaq the within a year and half:

https://finance.yahoo.com/news/nfusz-inc-fusz-files-form-221803464.html

HOLLYWOOD, CA--(Marketwired - Oct 13, 2017) - nFusz, Inc. (OTCQB: FUSZ), ("nFusz" or the "Company") the Hollywood-based digital technology company, announces that it has today filed a new Form S-1 registration statement with the Securities and Exchange Commission ("SEC") to register $2M of its common shares for resale by Kodiak Capital Group, LLC ("Kodiak") pursuant to a certain Equity Purchase Agreement.

nFusz may from time to time, or all at once, in its sole discretion, "put" shares of its common stock to Kodiak for aggregate gross proceeds of up to $2,000,000.

Kodiak shall pay the Company 80% of the volume weighted average price of the Company's common stock as reported by OTC Markets Group, Inc. during the five days immediately preceding the closing date determined by the Company.

Kodiak's obligation to purchase nFusz's common shares under the Purchase Agreement is not contingent on the trading volume of the Company's common stock. Other than the 9.99% "beneficial ownership limitation," there is no limit on the number of shares the Company may require Kodiak to purchase until the aggregate purchase price reaches $2,000,000. The Purchase Agreement also contains a 'no shorting' provision.

"In order to sell shares to TRILLIUM under the Equity Financing Agreement, during the Commitment Period, the Company must deliver to TRILLIUM a written put notice on any trading day (the “Put Date”), setting forth the dollar amount to be invested by TRILLIUM (the “Put Notice”).

For each share of our common stock purchased under the Equity Financing Agreement, TRILLIUM will pay 85% of the lowest closing bid price (“Closing Price”) of any trading day during the ten (10) trading days immediately following the date on which we have deposited an estimated amount of Put Shares to TRILLIUM’s brokerage account in the manner provided by the Equity Financing Agreement (the “Valuation Period”).

We may, at our sole discretion, issue a Put Notice to TRILLIUM and TRILLIUM will then be irrevocably bound to acquire such shares."

https://www.sec.gov/ix?doc=/Archives/edgar/data/1624517/000182912624003013/yuenglings_s1a.htm

The terms of the deal show Trillium is confident in ReachOut as they took some risk.

They are willing to purchase at 85% market on as many shares up to min 10% of OS or or 34 Million at 85% market.

Trillium must feel confident about ReachOut’s ability in the next year.

No comment on the stock except I’m long and acquiring more!

Mainly here for the Constanza Quotes!
LOL! Melrose Place…who knew?

Lmao…, cause a lie is still a lie once proven so~ Rather one believed it or not… duhh?

It's time on dd anyway and not that I don't believe or not, it's is there value as a shareholder to invest. Eager to see what Rick does to get RO into profit mode, how he offsets the expenses he assumed with those recent acquisitions, what he does with his preferred shares and how that impacts any shareholders today.

Remember, it's not a lie if YOU believe it.

You’re exerting a lot of lost time & energy… for a non believer (wink wink) :) Rick said he’d always be Transparent and also mentioned he liked the CURRENT share structure, so until PROVEN otherwise~ it’s NOT a lie :)

You obviously looked at what boards I've posted to.

RO seems closer as direct competition to HWNI or CISO than SDCH. MSP services vs pro services and software.

None, there a number of otc cyber firms that have boards here. Been looking for one that seems to have a future. And a board that has reasonable investors. This is a hot space and there's not that many that are public companies. The problem is finding one that going to be profitable and worth investing long term.

I’d be curious to know what his affiliation is with side channel (sdch). Almost wonder if he is part of that company and just here to bash the new competition.

Lmao… such a fear monger, so I’m guessing you no longer have a position here, but hanging around as a savior? I’m here for it all win or lose in hopes the gamble pays off:)… good luck to ya’!

That's even worse. But seriously, no officer of a company will publish far off numbers in an unaudited filing and expect to be long with the SEC.

Magic words are… “Unaudited” :)

$3 million. Pocket money for Harrington. Well, we all have been waiting for this. Still undervalued