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Best of luck to all here.
Here's a link once provided on the $ICLD page about Wavetech: https://abc.angelequitygroup.com/company/info/wavetech-gmbh#products
At the time, it was this page that said Wavetech was valued between $200-$500 million. That statement is no longer there, and of course, the press release about the merger with $ICLD has been replaced with the $SGSI press release.
I had moved my shares from $ICLD to here on news of the $SGSI merger, and since sold out due to the odd trading, and because I was only here for a short-term spike admittedly.
Best to all, and no personal opinion on how the stock will fare... I treat this as a sort of Vegas bet, not an investment.
The Merger with $ICLD hinted at a 200-500 million MC; now that they moved to $SGSI, it's a projected $130 million MC.
Are these numbers just guesses being tossed out in PRs, or does anyone know if there is a reason for the lower expectations?
I have accepted the ASK price. If ICLC can triple with nearly a billion shares, SGSI seems like it could have a triple as well, or more. That the projected MC for Wavetech is now 130 million (instead of 200-500 million) is odd. If it was always just a guess, wish Wavetech raised its guess to a couple billion.
the SGSI spread is terrifying. Now 20 cents on BID, 35 cents on ASK. Trying to make money there before losing here, and hoping for some sort of bizarre rise here in the meantime.
Have no clue what really drives junk stocks to soar, but have a hunch it's about to go on a nice run. The ticker is worth its debts, IMO, so the .0008-.001 area seems safe too, barring any seismic increase in dilution.
congrats to those doing well here. I can't figure it out, so am
elsewhere -- doing worse.
While I avoided losing a fortune here, I lost fortunes with other junk -- and nearly a death sentence averaging down on $HMNY last week, post-reverse-split.
Strongly recommend avoiding stocks whose primary appeal is their volatility, and the potential to double your money in a day.
It is boring to hold stocks that only go up 2 percent on great days (particularly if you stare at your screen the whole day), but 2 percent * 100+ days adds up. As one who owned FB at $23 and sold at $24, I know that.
Anyway, I put myself in a situation where I needed to either sell house, get a 2nd job, or fall on knees in front of parents. I've done a combination of the last 2. Mom's allowing me to keep shares in the one genuine company I have great faith in (still speculative, in a sense) and hopefully I can repay her in a few years with interest. Until then figuring I can only learn my lesson by no longer focusing on this junk daily. Hoping that in turn frees up time where I can make more memories with kids, etc.
Best to all, and good luck.
You only need to hold a small amount to be qualified to buy more shares through the offering, so it's possible the insiders intend to buy a lot more.
Biotech market is so hard IMO. Some companies get a great valuation for their product (SVRA, in my opinion), then they either rise or collapse on news, while others get great news yet never seem to get any value for their assets.
Anyway, I wish I kept focused on commodity stocks. I seemed better able to predict the price movements/valuations of those.
If TriCascade has samples of any of their products, they could easily put up a few for sale on Amazon, etc, and then put out a press release. And another press release, days later, when they're all sold out, etc.
If having something in Best Buy would have pumped this to a penny (even before they actually made a profit over anything sold via Best Buy), then I have to think they'll figure out a way to at least get stock to the price they need to continue with dilution, etc.
Why didn't they (or Skyfidelity) tweet that information?
I assumed so. Certainly for Max, it is.
I don't understand the complete shroud of secrecy regarding their NDAs -- companies I have invested in sometimes keep the deals secret, understandable with licenses and such, but they do let you know the company they are dealing with -- but I think stock would rebound quickly (to at least less crappy levels) if they are able to prove that they genuinely have an NDA or two.
I also think the .0025 financing will go through. Once they made that public, it basically needs to go through or they're done -- and I have to think they have folks (lawyers, friends, even Northbridge, etc) who'd take a significant stake in a company with all those products for $250,000.
TMaler has tweeted that TriCascade is no longer suspended in the state of California: https://twitter.com/tmalerux/status/1017776714536161281
Max Li's article making the rounds: https://www.proudgreenhome.com/articles/5-tips-for-transforming-homes-into-smart-devices/
As a long-time subscriber to this magazine...
You don't think there's a shot that there'll be a news release (or a tweet) in a week that the one billion share sale for .0025 cents found a buyer? That could give someone such as Northbridge or insiders 1/3 of the company shares... and that would definitely give current buyers an easy double/triple at these prices... I'm not betting on it happening, but definitely think it can. Anyone who owns 1/3 of a ticker's stock can manipulate it, so I think it wold be attractive to some entity out there...
You mean to say "our group and I"...
Perhaps that Twittered lunch picture, where Brandon Kennedy is listed as CEO, is good news then.
Right now, CEO or not, Max Li seems to get free rein to do as he pleases, and that should stop. It would now take a few billion shares to cover the next $550,000 bill, so it's hopeful stuff mentioned as coming soon in recent articles (the "smarter" garage door opener, etc) were either paid outright for or delayed as a result of their cash shortages.
Harry, I think you do not know you are saying 3 cents in your post -- not 3/10 of a cent, or 3/100 of a cent? 3 cents is a 90 million MC for a company that seems down to 250,000 to pay salaries and likely file stuff to stay listed on OTC.
I think Peabody was needed for this stock. My biggest loss (to date) was a heavy investment in Tethys Petroleum. They yanked out their CEO (Robson, who was since always accused of pumping stock/exaggerating resources, etc), replaced him with the exact opposite, and now company is less than a penny -- as well as untradeable.
Anyway, Peabody's in trouble for hyping/exaggerating, etc. Not saying he doesn't deserve to be in trouble, but almost every good day of SRMX trading was either thanks to him or some of the silly transcripts thrown about here...It never was because people were excited by Max Li's dimmers.
Of course this can also be said about Rennova and many other OTC stocks. They don't deserve to be around, yet they are, and every few months, they give some reckless investors a few-hundred percent return.
Good luck to you. I think the billion shares in the offering might easily be acquired by insiders -- and if that happens, you and your group likely have a quick winner on a short-term trade.
I don't like their current "home" plan. I think environmentalists automatically assume everyone will eventually become an environmentalist, especially if it's made easy for them. It just isn't so, IMO. I do not think there's a wide contingent of people willing to pay additional hundreds for thermometers, or dimmers, in order to help them cut down on energy costs over time and do good for Mother Earth or their monthly bills.
Has Tri Cascade removed a lot of tweets recently?
What I don't get about their surge suppressor is that the idea (with all the USB ports) wasn't bad, and the current price is actually good (original retail wasn't)... so why didn't they make an effort to perfect it, and hopefully make actual money from it?
Surge suppressors are necessary, and definitely make money for companies like Belkin, so why did they give up on it so quick?
If Northbridge gets a few more lawsuits' worth of equity, they will likely need to help pump the stock at some point so it can absorb their shares.
https://www.amazon.com/Wi-Fi-enabled-i-BRIGHT7x-Protector-remotely-BRIGHTenergy/dp/B00TBDXO5K/ref=sr_1_1?ie=UTF8&qid=1531149319&sr=8-1&keywords=Tri+Cascade+i-BRIGHT7x
Prices for the product keep getting reduced. The reviews which are verified and gave specific info on why they were disappointed are troubling IMO. That the product does not actually show up when you simply search by "surge suppressor" on AMAZON isn't great either. You have to search by the name of the product to find it.
Maybe but the only real reviews we have of their products are the mostly awful reviews from verified buyers on Amazon -- where there are tons of complaints about the surge suppressor's use of javascript, and the absolute invisibility of their customer support team.
In order to make really good cutting edge products, I assume Tricascade either needs a big staff of young people (they don't), or else people like Max need to have the time to keep up with all the new programming languages, etc -- and it's almost understandable, given everything else they do, that they don't have the time...
So their products might simply be good ideas, poorly executed. Hard to know until they're made available.
On her LinkedIn account, there seems to be a picture of her against a Disney Music Awards banner. Genuinely curious, did she used to sing for a Disney show (or movie)?
Means nothing to the stock, or ocmpany, but was curious.
Delcath Announces 100th Commercial CHEMOSAT Treatment Completed at Leiden University Medical Center, The Netherlands
8:00 AM ET, 07/09/2018 - GlobeNewswire
NEW YORK, July 09, 2018 (GLOBE NEWSWIRE) -- Delcath Systems, Inc. (OTCQB:DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, announces that physicians at Leiden University Medical Center (LUMC) in the Netherlands, led by Dr. Mark C. Burgmans, completed their 100th treatment with PHP® Therapy using the company’s Hepatic CHEMOSAT® Delivery System (CHEMOSAT). CHEMOSAT was launched in select European markets in 2012, and physicians there have used it to treat a variety of cancers of the liver.
Jennifer K. Simpson, PhD, MSN, CRNP, President and Chief Executive Officer of Delcath Systems, said, “The LUMC team’s achievement is the third 100-treatment milestone in a major European medical center, demonstrating continued clinical adoption of CHEMOSAT in the European market.” Dr. Simpson added “this achievement also builds upon our recent news that the Dutch Health Authorities included CHEMOSAT in their published treatment guidelines for ocular melanoma liver metastases, a step toward potential reimbursement coverage of CHEMOSAT in the Dutch market.”
Percutaneous Hepatic Perfusion (PHP) Therapy with Melphalan/HDS was developed by Delcath Systems as a targeted, whole organ therapy for the liver. It is commercially available as a medical device in Europe, where it is marketed under the tradename CHEMOSAT. The system has not been approved by the U.S. Food and Drug Administration, and is currently undergoing Phase 3 clinical testing in the U.S. as an investigational product.
BTW, Internet Archive did attempt to capture the stockholders' Delcath page (https://web.archive.org/web/20170919212033/http://www.delcath.org:80/) as early as September of last year, 2017.
Due to the way it was designed (with the login page, etc), one would have to know the directory structure to most likely be able to see if areas of the site were successfully archived.
Anyway, mention IA (which is a work tool for me) as it is very helpful for finding material that was removed from (or else relocated somewhere else on) the Web.
Seems a little related to this stock. Have read they are making a sequel to the movie "Biodome".
Note that Max Li is owed $200,000 from some apparent loan given to $SRMX in 2017. No clue if he or Peabody have given personal loans to the company this year.
Since Tricascade is a public company, it makes sense if their website would start to mention Skyfidelity, SRMX, or soem sort of stock-related info on it. The blog entry itself was fine. As directed toward home builders, I'm assuming another selling point would be the price you'd then be able to sell the house, which I assume would be much more than the cost to install such Smarthome products...
thanks for the update. happy 4th
Question re: last press release, where Max Li also mentioned internal loans, not just Northbridge loans. It made me remember he was owed $200000 in loans to company as of last annual report. Is it possible he is loaning more without ever letting shareholders know? Since they are not keen on keeping up with filings, is it possible any such debt repayments by year's end could give him sizeable control of shares in the company right when the company is about to (possibly) take off? The precedent seems to be $ICLD, whose CEO has done similar things as ones I'm suggesting that Max Li might be in the process of doing.
As long as the company doesn't announce a new lawsuit on Monday, some recovery will likely happen for folks, which is good. Then they can hopefully minimize losses, and exit on better terms, or stay and do whatever they want...
I personally think the reaction of those who seemed like paid pumpers has all been very good these past few days. It now appears there are few to zero actual paid pumpers here, and that those who loved the company in every post the past few months genuinely were in love with the company's products/outlook/potential.They all sounded really let down by the company this past week, and they sounded like people who lost money.
Since you are mentioning fraud a lot now, I don't know much about law, but SkyFidelity did re-post or link to some of the chats people were having with AT&T operators on their Twitter account. I think someone asked if they could do that at that time legally if they weren't true.
There have been so many articles that 5G was not ready to roll out until 2019, etc, many of which were posted here, and on their site, so perhaps people should have inferred that would mean SIM cards also should not be ready until 2019... In some ways, I think this selloff was too extreme as most of the news should have been easy to expect -- ie that they'd dilute further, ie that their 5G router will not work without 5G already in
place -- but we shall see.
I have not been invested here in a long while, but I would have been tempted today if not for my current investments being mostly crap too.
Hopefully the smart garage door was paid with surge suppressor profits. Best of luck to all.
After debts are paid off, who owns Max Li's "inventions"? Tri Cascade, SkyFidelity, or SRMX -- or simply Max?
Maybe you are right -- I realize I am in the minority regarding smart phones, etc -- but young people are not the primary buyers of new houses.