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Bought in today...this one has all the characteristics that is hot now...10M short position, 70M outstanding. well below $7 high...took a flyer. GLTA
Dude...why all the hate? Someone asked how much of budcars they own and I said I believe it was 40% per the 10Q..didn’t think that was worth an attack...
I beIieve the 10Q said 40%
I wasn’t going after you Chaka...just pointing out that this trial in general is not going to lead to an FDA approved nutritional supplement as it is TSOIs responsibility to confirm safety....i do agree with you that it’s rare for an OTC stock to even be in a position to recruit people for their trial.
Exactly right...lot of misinformation on this board. Even TSOIs website says their statements are not FDA approved. They can say whatever they want about this “trial” but the FDA is not going to approve it because it is not a real clinical trial. It’s a self reporting trial.
just getting started IMO...should run to at least $.01 over the short-term..LFG SGMD
moved TSO* profits into this one...momentum here now...5 million position and will go higher if we dip. GLTA
That was me selling the 1M blocks this morning. I’m done and out of my 5M I bought last week. Gains too good not to take..GLTA hope this flies now that I’m not causing selling pressure.
that 5M buy just now at .0031 was me...LFG!
Good luck to you both, hope it works out.
I bailed on this one and sold all my shares at about $.08. This upcoming $30M dilution is huge. $30M in equity is hundreds of millions of new shares. We have no buyers at $.08 so they are going to have to give a decent discount to get it done. Not going to wait around for this thing to go to a nickel or below. Best of luck to everyone here, I hope I'm wrong. I may get back in some day on the way back up.
Thanks for the color gjervis, very helpful. Just getting frustrated with the lack of public communication from them, keeping SH up to date.
Has anyone heard anything from this company? Stock performance is so disappointing. Someone is dumping shares.
Not very happy about the 767K of advertising and promotion spending. Total B/S paying pumpers - I emailed them about this a while ago to express my displeasure. If they want to be considered a legit company, that has to stop. Let the performance stand on its own - stock price will follow. Happy with the revenue increase but agree with you that I want to see more details on the business. O/S keeps increasing too...issued another 6M shares after the quarter so we are at 85M shares or so. Hope we start hearing more from them and get clarification on some of the open items. GLTA
I just picked up 5M as a lotto and hopefully a good event on 5/18. Also, this is the perfect company for Barstool Sports to buy - they just bought Rough N Rowdy and that is crushing it for them.
Financials out on Sedar...took a quick look and didn't see anything alarming. Love that Q4 revenue was $100K vs. $45K in Q3. Shows they are growing their revenue as more towers are built. Still long and strong.
I did my DD, that's why I bailed. I never mentioned converts, only that the O/S has increased by A BILLION SHARES in 6 months. Sorry, I don't need any more DD to see that that number is going to keep rising. I suggest you do some real DD instead of trying to catch a falling knife.
No dilution? At 9/30/2017 there were less than 40M shares O/S and a month ago it was 600M. Now it's a billion O/S and they upped their A/S to 2B. I bailed as I know how this story ends...GLTA who still believe.
Thanks for the heads-up Gixxer. This is disappointing that they are paying to promote this stock...I've emailed them several times over the last year and Mgmt seemed to be different than your typical OTC stock management. I hope this is a one-time event to pump for the warrant holders and then we are done. we'll see. GLTA
Any one else noticing the significant increase in trading volume over the last week plus? Hope it is not dilution.
Another good find gjervis...looks like O/S only increased by 8M since their last financials...so 75M o/s with 30M locked up and held by management. Alejandro referenced using debt to fund their growth in that interview you posted, let's just hope it is straight debt and not converts. GLTA
Great find gjervis!
Nice couple of days here...this is only the beginning IMO. Congrats all longs!
Huge news!
https://www.otcmarkets.com/stock/TOWTF/news/Tower-One-Enters-Into-Agreement-to-Acquire-US-Based-Tower-Services-Company-With-Over-17-Million-in-2017-Revenue?id=187156
Tower One Enters Into Agreement to Acquire US Based Tower Services Company With Over $17 Million in 2017 RevenuePress Release | 03/26/2018
VANCOUVER, British Columbia, March 26, 2018 (GLOBE NEWSWIRE) -- Tower One Wireless Corp (CSE:TO) (OTCQB:TOWTF) (Frankfurt:1P3N) (“Tower One” or the “Company”) announces it has entered into an agreement to acquire a 100% interest in Process Cellular Inc. (“ProCell”) as a wholly owned subsidiary.
ProCell has been operating out of Southern California for over 20 years as a turnkey general contractor that specializes in the telecommunications industry & structural engineering/design. ProCell has the knowledge, equipment, and resources to tackle every aspect of tower construction. ProCell is committed to implementing, developing, improving strategies, management systems and processes to ensure that all construction activities uphold the highest level of safety performance.
This strategic acquisition gives Tower One subsidiary Tower Construction and Technical Services Inc. (“TCTS”) significant exposure to the California and Arizona markets with current clients such as: Verizon, AT&T, Sprint and T-Mobile as well as 2017 revenues of over $17 million USD. ProCell is also an approved contractor for American Tower and Crown Castle that operate internationally and throughout South America.
Alejandro Ochoa, CEO of Tower One, states: “This strategic acquisition will allow economies of scale in the services business, cost reduction through consolidation of many expenses including insurance and additional clients for the combined entity. Cross-servicing in additional markets will allow the combined entity to service in clients in California, Texas, Florida and Arizona.”
The terms of the deal are subject to ongoing due diligence and are anticipated to be combined with the previously announced spin-out of Tower One’s existing tower services subsidiary, TCTS, announced February 21st 2018. A definitive agreement is expected to be completed on or before June 1st 2018.
Mr. Ochoa continues: “The previously announced spin-out will provide Tower One shareholders with additional equity exposure in the growing telecom services sector. As well, it will allow Tower One’s management team to be focused on its core business of providing cell towers to mobile network operators in Latin America. This business has seen strong growth, in Colombia and Argentina, along with new opportunities in Mexico.”
Tower One recently announced the acquisition of 80 new wireless tower sites in Argentina. Each wireless tower site consists of ownership of the underlying real-estate as well as the rights to build wireless cell towers. In addition to the 80 new tower sites, Tower One currently has under construction 15 towers in Argentina. The company has also been notified that two towers have received co-location applications in Colombia, which will result hosting of multiple carrier clients on a single wireless tower. Tower One’s current portfolio now consists of over 40 wireless towers now erected in Colombia and Argentina and over 300 secured search rings.
About Tower One Wireless Corp.
Tower One builds, owns, and leases a portfolio of wireless infrastructure assets to wireless carriers on long term contracts. Tower One is one of a few publicly traded small cap companies in the tower and wireless infrastructure industry. Tower One is operated by a team of telecom and finance professionals with a long history in the telecom and wireless infrastructure business. At Management’s election 30 million shares issued to Tower One Management cannot be sold for three years. Tower One Wireless is currently focused on 4G & 5G LTE infrastructure expansion in Latin America.
Be careful with this one...This article perfectly explains why IFXY-type companies are a scam...
https://www.thestreet.com/story/14526284/1/cryptocurrency-investors-need-to-beware-of-these-scams-and-risky-assets.html
Nice update yesterday. I think this is a case of nobody knows about this company yet - they are not your typical OTC pump and dump so they aren't in the news every other day. I like that it is under the radar - once more eyeballs get on this stock, it should fly with such a small O/S. Slow and steady on this one...GLTA
They are forward looking and also both Talari's companies. No one outside of a Talari-related company will issue an ICO through them. Don't need them...especially since Nuvus has been a huge disappointment - no one wants to buy-in pre-ICO and it is at a discount! Who the heck is going buy it in the secondary market? GQ is another Talari company set up less than a year ago for another bogus ICO. trade this one, don't invest in it IMO. I got out as soon as I saw nobody wanted the Nuvus coin.
I hate to agree with you but until Talari does a deal with a non-Talari company, this is not going to be taken seriously. Their first ICO has only sold 750k of coins in over a month. Thinking big picture, who needs IFXY to do an ICO? So many other choices with bigger more established companies. Also, there is close to zero demand for their coin now when you get a bonus to buy it so who is going to buy it in the secondary market? So many questions. GLTA
new press release out..spinning out TCTS business...not quite is this is good or bad but I do know we will get 1 share in the new company for every 5 shares of TOWTF. GLTA
How do we know that the Telegram account is actually run by Talari or the company? Weird that news is spread there but never done in a release. Now he is claiming they don't need cash because they earn it the hard way? Um..we still haven't sales so how are they getting cash if they are not diluting or issuing toxic debt? Something doe not add up IMO. GLTA
ugh...looks like this one is dead. Not a surprise, no one buying GETX (and why would anyone? there are thousands of cryptos out there to buy that are backed by legit companies). Also, every piece of business he has lined up is from one of his other companies. Just moving money from the left pocket to the right pocket IMO....good luck to all, I was in since .0003 so I had to bail and lock in my gain (albiet a much smaller one than I thought).
Nice post, thanks for the info. Any color as to whether or not a non-Talari run company has signed on to do anything with IFXY? That’s my only concern here. Thx.
Totally agree..need to deliver on their promises. Plus, they don't ever tell us if they have all the tower space leased out to cell phone operators. More transparency would be a good thing here.
Patience is still key with this one...hopefully their next financials will show a nice increase in revenue and a minimal increase in the O/S. GLTA
LOL with this POS. What a joke, what the heck is MHHC going to offer any company. This is going to end up like the NTS "acquisition" then "de-acquisition". Due your DD on this one..scam city with an idiot iHub poster like me as the CEO.
This one is the definition of slow and steady...hope they are able to execute and start cranking out towers. Still holding long while I trade other pennies...GLTA
This one is going to be a zip code changer...anyone selling ST for a couple of thousand dollars profit is missing out on a goldmine IMO. Won't even think about selling my 10M shares until we lose another 0. GLTA
Holding my 10M .0003's until we hit a dime
Commission from one ICO (3% to 5% of deal) will be enough working capital for them. On this first ICO, that is $3-$5 million plus some of the coins. Assuming a successful ICO, we're good here IMO.