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$RIME - $RIME - Company Announces Geographic Expansion of Lanes and Pilot of Drop & Hook Program in Indian FMCG Sector for the First Time
https://finance.yahoo.com/news/2-billion-revenue-cpg-company-123000805.html
$RIME has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world’s third largest consumer packaged goods (“CPG”) manufacturer with over $84 billion in annual revenues.
Under the first phase of the expanded services agreement, SemiCab India will provide managed transportation services to the CPG company on more than 40 heavily populated lanes throughout India, representing a 200% increase in lanes currently serviced. Upon completion of this phase of the relationship, the CPG company has agreed to broaden its relationship with SemiCab to include an expanded geographic footprint for services and an increased quantity of lanes served.
Ajesh Kapoor, CEO of SemiCab Holdings, LLC, commented, “We are excited to expand our relationship with our CPG client, which is one of the largest and most prestigious members of the National Digital Freight Exchange (“NDFE”) in India today. The expansion of our collaboration opens the door to tremendous growth opportunities with a global powerhouse in the CPG world.”
$RIME " Under the first phase of the expanded services agreement, SemiCab India will provide managed transportation services to the CPG company on more than 40 heavily populated lanes throughout India, representing a 200% increase in lanes currently serviced. Upon completion of this phase of the relationship, the CPG company has agreed to broaden its relationship with SemiCab to include an expanded geographic footprint for services and an increased quantity of lanes served. " https://www.globenewswire.com/news-release/2025/06/04/3093552/0/en/2-billion-revenue-cpg-company-awards-semicab-india-new-pilot-to-implement-drop-hook-trucking-model.html
$RIME Technical analysis https://www.tradingview.com/symbols/NASDAQ-RIME/technicals/
$RIME latest corporate presentation. https://ir.algoholdings.com/investor-presentations
$RIME INVESTORS PRESENTATION March 2025
https://storage.googleapis.com/investably-app-documents/szSid0KBsVTvbLqlBey6/documents/2025-Algorhythm-Holdings-Investor-Presentation.pdf
$RIME Algorhythm Holdings Announces 2024 Financial Results
Fort Lauderdale, FL, April 16, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the “Company”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its results of operations for the twelve months period ended December 31, 2024.
https://finance.yahoo.com/news/algorhythm-holdings-announces-2024-financial-120000979.html
$RIME News : Algorhythm Holdings to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25-26, 2025
https://finance.yahoo.com/news/algorhythm-holdings-participate-iaccess-alpha-120000893.html
$RIME Algorhythm Holdings #NASDAQ: #RIME, SemiCab is a collaborative transportation platform using #AI.
$RIME: THanks for clarifying............
I didn't know that.
Interesting...... AI for trucking.
Sounds like something Uber Freight already does but hey, if $RIME can do it better why not.
GO $RIME
New biz focus is ai for trucking,eliminating dead head(empty return trucks after a delivery) huge profit increase using their system. They still do karaoke also
$RIME: Karaoke baby
Make Karaoke Great Again.
https://finviz.com/published_idea.ashx?t=RIME&f=031325&i=RIMEd115919730i
GO $RIME
RIME,(new Oct.)Ai powered logistics saves billions,boosts truck utilization from 65% to 95+%(reduces empty return loads),worlds 6th largest consumer pkg goods producer is the pilot program
RIME,zero borrow,moving free,dilution over(warrants all cleared out),i have been waiting to load this heavy since the r/s,it’s about to cross over the bullish macd line now.once it gets found should move well,2m float,2.38m o/s,i expect news of their AI transportation system soon,sales 32m,book pps $59.20,float short 18%(370k shares),volatility 15%,insiders 12.18%,market cap 5m only(could be undervalued if big profits announced) I like the very low risk/high reward here!
$RIME $2.80 should see a nice week with a strong surge in price.
one-for-two-hundred (1:200) Reverse Split of the Common Stock. The Company anticipates that beginning with the opening of trading on February 10, 2025, the Company’s Common Stock will trade on the Nasdaq Capital Market on a split-adjusted basis and will have a new CUSIP number, 829322502.
Thought he invested in this which would explain why it went to CRAP. He's a notorious predatory lender short snake.
don't know about Ault- surprised its still at multiple cents-- 1 for 200 RS is in the works. X getting some pump
Is Ault involved in this dog pile? It would explain the stocks dynamic. Tia
Item 3.03 Material Modification of Rights to Security Holders.
To the extent required by Item 3.03 of Form 8-K, the information contained in Item 5.03 of this report is incorporated herein by reference.
Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.
As previously disclosed on Form 8-K on January 13, 2025, Algorhythm Holdings, Inc. (the “Company”) held its annual stockholder meeting on January 13, 2025, at which stockholders voted to authorize the Company’s Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of January 13, 2025, at a specific ratio within a range of one-for-ten (1-for-10) to a maximum of a one-for-two hundred fifty (1-for-250) and to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized common stock from 100,000,000 to 800,000,000 shares.
On January 14, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-200 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split and to increase the Company’s authorized shares of common stock from 100,000,000 to 800,000,000.
On January 14, 2025, the Certificate of Amendment to effect the Reverse Split and increase the authorized shares of common stock, was filed with the Secretary of State of Delaware.
The reverse stock split has not yet taken effect in the public markets.
A copy of the Certificate of Amendment is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
1-for-200 ratio (the “Reverse Split”)
As previously disclosed on Form 8-K on January 13, 2025, Algorhythm Holdings, Inc. (the “Company”) held its annual stockholder meeting on January 13, 2025, at which stockholders voted to authorize the Company’s Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of January 13, 2025, at a specific ratio within a range of one-for-ten (1-for-10) to a maximum of a one-for-two hundred fifty (1-for-250) and to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized common stock from 100,000,000 to 800,000,000 shares.
On January 14, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-200 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split and to increase the Company’s authorized shares of common stock from 100,000,000 to 800,000,000.
On January 14, 2025, the Certificate of Amendment to effect the Reverse Split and increase the authorized shares of common stock, was filed with the Secretary of State of Delaware.
The reverse stock split has not yet taken effect in the public markets.
i suppose this COULD jump back to .07 to .09 area, but who knows
almost no posting now here. .0377 AH. awesome. thanx to all the pumpers who screwed everyone here
ahhh the P and D is finally over. and whats left is still about 50% too high at .04
31% down today and you are laughing. Reverse split soon - that will get the stock up high enough to short.
Can the stoch go any lower, ha haaa!! Be negative Soon
No, about time to short it AFTER the reverse split, lmao
About time to Cover soon!
Imminent REVERSE SPLIT now. People are fleeing, the company will reverse split, then dump a ton of new shares and crush the price again. The company survives to dilute again, but the investors don't survive, the $$$ is gone.
Some heavy shorting!! Or naked shorting!!
Looks great if you’re buying lol I can’t understand who is after yesterday’s filing. I think with all this stupidity it might look over .10
wtf is this price?? fucking really?? below .10 fucken mms
They have a month to really push it to over a dollar!! Let's see what happens!!
I'm pretty sure Rime has had 2 public offerings of common stock recently! 1 for 55 mill at .17 and another at .o85 for 24 million. If that's the case float should be close to maxed out. I'm pretty sure these investors are not looking to just get there money back!! 5 to 1ox there money I would think.. so from .17 that's a decent run imo!! We shall see how this plays out!! Rime
$RIME ~With the massive volume yesterday the SP should NOT be sitting under .20 right now! Look at the Key stats and details from today and realize what I mean when you view the market cap and total Outstanding Shares available to the public to trade with as you consider the 700 million share volume traded yesterday:
Current Price:
0.165
Bid
0.161
Ask
0.165
Volume
63,182,575
Day's Range
0.1845
0.1210
52 Week Range
0.7861
.0725
Market Cap
$2.346M
Previous Close
0.227
Open
0.1663
Last Trade
80
@
0.161
Last Trade Time
Financial Volume
$10,260,901
VWAP
0.162401
Average Volume (3m)
53,958,953
Shares Outstanding
14,215,176
Before you type a judgemental response to what I had mentioned, think! The OS shows there are only 14 million shares available for the public to trade with! There was 700 million shares traded yesterday alone mostly above .25 and even if the whole authorized share count of 100 million were sold into the market that would still amount to 7x in volume! So, if most everyone owns their shares higher than .20 or even .25 for that matter then what is it sitting down under .20 for today? It is what the hedge funds do. They sell shares into the market through naked shorting that they don't own to cause the price to drop below what everyone paid for their shares yesterday, so that when people sell their shares at a loss it's to the naked shorting hedge funds gain as they buy the shares for much lower than they sold them into the market for! Once it hit .33 yesterday the hedge funds went to work and decimated the share price through naked shorting. And here today with the share price underneath the price of every share that was purchased yesterday proves that to be fact! There isn't any bad news that came out about the company to cause the price to fall under the low yesterday is there? NOPE!
Flipped the float over 15x today alone!! Think about that!! 15x,, there's definitely Alot of Naked Shorting!!
Ok. Someone needs to explain things to you. It was 8 cents just 3 trading days ago. Today, it closed at 22.7 cents. That's a 14.7 cent increase representing 183%.
Before you type, think.
I don't know after reviewing the 1.1 billion share volume day on the 17th of December and how the SP only went from .08 to .10 in 2 days of trading during that time. It appears that the share price is being manipulated big time because usually when there is over a billion shares in volume a share price normally runs 100's of a percent not 25%. So, just like on the 17th of last month we have another massive share volume day and look at the small percentage increase in our SP. What gives? It really doesn't make any sense. I wish I had a job at the market makers or had a friend that did who could look into what is happening from the inside, so I can understand how this is even possible. Our SP is currently sitting underneath 98% of all of the shares purchased today at higher prices and most at much higher prices!
$RIME ~Time to short squeeze the hedge funds making them have to buy back the naked shorted shares they sold into the market and make this baby run! Hopefully this rises back into the .30's in after hours trading giving it a nice positive feeling going into tomorrow's trading! The RSI is only at 70 so the upside potential with the massive volume today is still big especially with a short squeeze taking affect!
Agree 110%!! No way we should be only in the 20s!! They need to let this thing Run!! Insane volume on a small float!!
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