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Moon market youtuber pump n dump
Why the uptick this morning any news I don’t see
Company buying others to grow and showing minimal p/s increase? Cash flow has occurred
4.5 mil due feb 2024, 5.5mil due September 2024
Risky for sure but lead by well experienced people however they will be at the mercy of those who are granting contracts out.
Other risk entail lowered cyber security has been decreased from 2017 to 2020 with covid at peak at 18bil to 9.8bil. Back up to 10.89 bil.
Major issue I would say is the different acquisition and if they can bring them together. If not each acquisition are required to expand on their contracts. Difficult but doable with multiple key personnels.
CTM currently is in a rough position. With prices low and acquisition acquired with dilutive measure. They also have warrants and options totaling around $25mil some at 1.60 and some at 3.8 expiring 2027 and 2028. They also have 13mil for conversion of their prefered shares. Liabilities sits at around 14mil with some term loan, I believe one is due feb 2024 (dont quote me on this) at around $4mil. Last quarter they lost 3mil total vs the 4.6mil ish the quarter before this. They are closing the gap but only time will tell from one data point. Profit margin sitting at around 40% is pretty good but they need to close the gap on expenses. Massive dilution due to up list. While they grow their dilution grows in par.
Good news are military personnel leading the push. Military mind set are set with archiveable goals with however their ability to get their. They want a 400mil revenue company worth 1billion in 10 years. Ceo letter to shareholder expands on PR and further expands on how easy the push up to price up. Caution should be taken as any push upward on news may come woth dilution. Revolving loan at 700k with 1.8mil cash and mention that they can make due with the next 12 months.
The best DD can be found here.. https://stocktwits.com/symbol/CTM follow Yywins... He is one of the most knowledgeable on this company... glty micro™?????
Does anyone have proper DD on this?
$CTM is consolidating nicely on low volume.... the news on acquisition could come anytime.... micro™?
CASTELLUM, INC.
FORM 10-Q
(Quarterly Report)
Filed 11/14/22 for the Period Ending 09/30/22
https://www.otcmarkets.com/filing/conv_pdf?id=16194686&guid=bSl-kqOqQls2dth
$CTM IHUB Board refreshed and up to date... Spread the word! micro™
Insider buying last month for $CTM all bullish signals....
micro™
Catalysts incoming for $CTM this month
Despite the recent downside in the PPS here $CTM is looking toward the future....
micro™
As a moderator, you need to apply to have a ticker change from $ONOV to $CTM from the manage page....
micro™
Plenty of Form 4’s
https://www.otcmarkets.com/stock/CTM/disclosure
https://www.otcmarkets.com/stock/CTM/quote
https://www.otcmarkets.com/stock/CTM/security
OPEN
1.18
DAILY RANGE
1.04 - 1.22
VOLUME
115,999
DIVIDEND
N/A
PREV CLOSE
1.17
52WK RANGE
0.62 - 5.73
AVERAGE VOL (30D)
299,700
NET DIVIDEND YIELD
N/A
New ticker is CTM
Castellum, Inc. Provides Shareholders and Prospective Shareholders a Year-End Update
Source: GlobeNewswire Inc.
Consistent with its requirements under Regulation FD, Castellum, Inc. (NYSE-American: CTM) provides the following information from CEO Mark Fuller for its shareholders, prospective shareholders, and other stakeholders.
Dear Fellow Shareholders:
As we approach the end of 2022, I would like to update you on recent developments at Castellum and provide a roadmap for 2023.
Let me start by thanking you for your support of CTM as a shareholder. The Board, management team, and I are all excited by the progress Castellum has made in the 3 ½ years that we have been running the company and are very mindful of the collective fiduciary duty we owe to you as shareholders of our company. We are proud to have taken a public company from zero revenue to a $44.4 million run rate (as of last quarter) and from operating losses to a recurring cash operating profit. We did that by acquiring six businesses which help defend our country by serving the Department of Defense (including Army, Navy, SOCOM, and soon, with our recently announced new contract win, the Air Force) as well as other parts of the United States government.
We focus on the digital battlefield in cyberspace: cybersecurity, software engineering, data analytics, electronic warfare, and information warfare, among other things. This digital battlefield is active every day with cyberattacks from our adversaries around the globe. We hire top talent to support our mission of helping to protect Americans’ liberty and way of life. Many of us in the company are veterans. I attended West Point and then served for several years in Europe and Asia. Our COO, Glen Ives, attended Annapolis and then flew Navy helicopters. Our board has three prominent former general officers: Patricia Frost, Bernie Champoux, and John Campbell. Each of them served with distinction. We are proud of what we do and how we do it.
2023 looks like it will be another record year for Castellum. We plan to close our recently announced $10 million pending acquisition in the first quarter of the year, once we complete our legal and financial due diligence and a 1-year audit of the acquisition consistent with our accounting obligations under PCAOB rules. We have ongoing conversations with other, larger opportunities as well. We have multiple organic growth opportunities available if Congress can move from continuing resolution mode and pass a budget, which, as of this date, looks possible this week. Our stated, aggressive, short-term goal is to double our company’s size in 2023 and more than double our recurring cash operating profit while keeping debt and share issuance to a minimum so that our per share metrics (revenue per share, recurring cash operating profit per share) increase. Our ten-year goal is to build a $1 billion company which becomes a leader in the digital battlefield space.
While our operations have had a very strong 2022, and we believe will have an excellent 2023, our stock price has not. As the second largest shareholder of our company, I am not happy about this fact. Over the past 90 days, we have seen our stock fall from over $4 per share (split adjusted) to under $1, a more than 75% drop. Although we recovered above the $1 per share level (back almost to $1.90), we recently dropped below that level again. Especially surprising has been the decrease in price from our underwritten public offering price of $2 per share. We had felt that the $2 level, which was ratified by over 40 investors in our $3 million offering and was not inconsistent with companies that we consider comparable to Castellum, was setting a reasonable price that would serve as the basis for trading on the NYSE-American. In fact, since the offering, we have not yet traded at that level.
So, what are we doing to help the stock price? First, we are continuing to focus on improving and growing our operations. In the medium to long term, company performance drives stock performance. Therefore, the best thing we can do is grow the revenue and operating profit of the company and we focus on that every day. Second, I and other member of the senior team, have made open market purchases of CTM. We believe that current prices are below not just our $2 offering price from October but other measures of reasonable value for a company with our growth rate. Third, I have engaged an Investor Relations firm and have had numerous meetings with stockbrokers - and continue to schedule additional meetings every week. These meetings are with stockbrokers, retail investors, and others who purchase our stock if they hear, understand, and like the Castellum story. The success in this approach was evidenced by our stock recently moving as high as $1.89 per share on good volume. Fourth, I am working on finalizing an employee stock purchase plan for our Castellum employees to be able to purchase CTM stock. Finally, we are beginning a program to reach out to you and our other shareholders to increase information flow and make sure that you have good visibility into your company. The good news is that just a small increase in buying for our stock could cause our stock price to reverse its recent drop and move back higher. Given the significant volume of trading since our offering on October 13, we believe that anyone who wanted to sell has had their chance to sell.
Now it is time for us as shareholders to reassert control of our destiny as a company. I welcome your support and encourage you to follow my example by buying a bigger stake in CTM. Working together we will have a bigger, stronger, more valuable company.
Thank you for your support and warm regards for a Happy Holiday Season,
Mark Fuller, President & CEO
About Castellum, Inc.:
Castellum, Inc. (NYSE-American: CTM)?is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space - http://castellumus.com/.
Forward-Looking Statements:?
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Mark Fuller, CEO
info@castellumus.com
301-961-4895
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a5031f9-beea-43b7-a358-c6e89f1ff209
New ticker is CTM
Castellum Announces That It Is One Of The Winners Of The $900 Million Air Force Architecture And Integration Directorate Multiple Award Indefinite Delivery/Indefinite Quantity Contract (AFLCMC/XA) (MAC IDIQ)
Source: GlobeNewswire Inc.
Castellum, Inc. (NYSE-American: CTM) is pleased to announce that it is one of the winners of the Architecture and Integration Directorate Multiple Award Indefinite Delivery/Indefinite Quantity Contract (AFLCMC/XA) (MAC IDIQ) contract. Castellum’s award is through our subsidiary Specialty Systems, Inc. (SSI). This multiple award IDIQ prime contract has a ceiling of $900,000,000 and a 10-year period of performance and is with the Department of the Air Force, Air Force Materiel Command, Air Force Life Cycle Management Center, Architecture, and Integration Directorate.
As an awardee on this IDIQ contract, SSI can compete for task orders up to the $900,000,000 ceiling, for the development of innovative approaches that bring multi-domain systems capabilities, the characterization of new technologies and systems through studies, recurrent demonstration, and rapid development to enable rapid prototyping, and test and capability transition. The location of work performance will be determined at the contract delivery order level and is expected to be completed by December 2032. These awards are the result of full and open competition, and 94 responses were received. Fiscal 2022 operations and maintenance funds in the amount of $1,000 will be initially awarded to each contractor. Air Force Life Cycle Management, Wright Patterson AFB, Ohio, is the contracting activity.
“This is an important prime contract award as it will permit us to take the capabilities that we have provided for years to the Army and Navy into the Air Force,” said Mark Fuller, President and CEO of Castellum. “With a 10-year period of performance we will be focusing resources and efforts on this contract vehicle to provide the Air Force with a variety of services to meet their mission needs while growing and diversifying the customer base of Castellum.”
About Castellum, Inc.:
Castellum, Inc. (NYSE-American: CTM)?is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space - http://castellumus.com/.
Forward-Looking Statements:?
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. Specifically, for this IDIQ contract award, Castellum will not be generating $900 million of business as it is not the only awardee of the contract vehicle.
Contact:
Mark Fuller, CEO
info@castellumus.com
301-961-4895
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c97f9cf-500c-44a4-a56d-3373b8d3cfd6
Primary Logo
Unfortunately looks that way...even when they have supposed news/record revenues, etc...the security heads lower. They choose to jump in bed with EF Hutton and rushed the listing....now all investors get to pay the price for poor timing and choosing corrupt partners...truly unfortunate situation here. I, again, am distancing myself from the company and investment...hopefully they will get things back on track, divest themselves from questionable companies such as EF Hutton and get back to solid performance again....I just dont see it coming until they make some serious changes in management/insiders.....hence...dont see anything changing anytime soon and retail will pay the price way before any insiders feel the pain of a lower and lower PPS. Sadly, given trend, another R/S is not out of the question for retail. Keeping in mind, insiders will not lose any shares. :)
Thanks for your thoughts RFB. It is very frustrating that management does not appear to care about its shareholders, and seems to only be looking out for themselves.
My take is insiders and EF Hutton got paid...period. That is my take on it. Simple as that. Going forward the company truly concerns me and I am assuring from my current position that our exposure to the company is limited and protected. Unfortunate, but looks like leadership here has failed to protect their retail investors...this is evident by the fact the security is stuck at such a low price. Truly troubling times ahead for Castellum and all stakeholders involved...what a shame...
I wasn't asking RFB about the shenanigans that preceded the uplist, nor the uplist itself. He HAS opined on both those points. I am curious about his thoughts as to why such a dismal performance after Castellum settled in on the NYSE. It's a different ball game now. What say you, RFB? You seem to be the one most familiar with this company now.
I believe RFB has already made his thoughts clear on that.
What I wonder is how surprised and what actions are planned from the owners at this point.
Hey RFB, I'd be interested in your thoughts as to why such a dismal start on the NYSE.
GREAT MOVE UPLISTING. WENT FROM 25 CENTS TO 4.5 CENTS . GREAT PLAN
LET ME KNOW about joining class action. i had 1.8 million shares of onov. thanks
Transfer agent still has not delivered CTM shares to TD yet. Still holding worthless ONOV shares.
same on other brokerages...also why litigation is being worked on and will file soon. This was a horrific action by those involved and EF Hutton is number one complainant, followed by Mark/respective trusts and company leadership - likely going class action....more to follow soon.
CTM is at $1.35. TD has not switched ticker as of yet. Still holding onov which is not trading.
Would have been okay if EF Hutton would have not shorted them out the gate. They just lost 50% of their value overnight. Litigation coming....just hope all involved have attorneys at the ready. I am sure EF Hutton will be one of the targets.
I am talking to a few offices here in NCR about turning class action on them, as they have a track record of doing this to small companies...
Litigation already being discussed/worked. It is crystal clear that insiders wanted to price fix it at .16 or lower IOT take more shares out of retail hands when the R/S is executed. Discovery during litigation will reveal the corruption and hopefully put some folks in prison. Cheers - got to head to office to discuss options and if we going to take action against all involved - insiders, MMs, representation, underwriters etc on the filings.
I invite these type of games!!! MMs enable insiders to dump shares and reposition with all the damage on current retail shareholders...seen this tactic a few times. Twice I have been successful in getting SEC to investigate and lock up a couple gentlemen. I stand vigilant over my capital...no crook going to steal my investment and get away with it...not even insiders..
I have already reached out to my POC and started initial conversation and data collection/sharing. He has his folks monitoring as well. New fiscal year, they have resources atm. I only hope they are foolish enough to keep giving more ammunition/evidence, to confirm intent to mislead/execute such illegal fixing/action.
Cheers...have algo running...collecting MMs involved as well as depth.
I see we are playing the same games today. Price fixing going into R/S. MMs and insiders want a price and willing to sell out for it...this shit is pathetic..and frankly illegal, but got a firm that is willing to play the catch me f*** me games...and a good counterpart at Schwab that keeps me posted - the more the game is played, the easier it is to follow the money!
They will blame it on the SEC/market....all companies do....whether or not that is the actual truth??? that is the question, but no one really trust anyone these days.
Either way, the MMs/insiders are fixing the price and painting/selling share at whatever price they like. Action all over the ask, they lower price...then all over bid and they raise...it is not being priced accordingly when ask hits raise the price and force folks that want to get in to higher prices....
In short, they are unloading shares at whatever insiders like....and will price the security accordingly on that day...
All the more reason to get this moved to the AMEX where such inside antics are not allowed to be orchestrated and the oversight is much higher...
On Oct 4th Castellum predicted the uplist "is expected to commence on or about October 7, 2022." I wonder what the hold-up is?
Price fixing ongoing in ONOV....I place these out here as a matter of public record. Buyer beware today...they lowering despite action in the security. This is where market/leadership need to engage, while it is occurring, not an investigation two years later. DO NOT BUY at the moment, nefarious and likely illegal trades occurring today
We gonna play the shorters/manipulation game today, check! Getting off this exchange is the absolute best thing Castellum can do...
And not a moment too soon. Tired of the nefarious actors here...will be glad to be rid of the P&D crews, the inaccurate information about the company and best yet, when folks still think this is the old ONOV before the ticker was taken over. A whole new ticker on a reputable exchange is all this company need to power into 10 dollar range....once they execute the R/S. (best part is uneducated readers will see R/S and actually think it is a bad thing)
Placing for public record....mark my words...EF Hutton, the underwriter is going to manipulate best they can to keep PPS low as they want a better conversion rate and more shares when it uplists.
Come on folks, shove it down their throats...
This is the big guy versus the little ones...
They think they can control and manipulate the price with their big capital...
Again, placing for the recond for when litigation arises...as it will if they keep it up!
I have got two folks going to jail, no worries in taking on a firm, I have backing of my own. Come on EF....keep it up!
Castellum, Inc. Announces Intent to Uplist to NYSE American Exchange
https://www.globenewswire.com/news-release/2022/10/04/2527935/0/en/Castellum-Inc-Announces-Intent-to-Uplist-to-NYSE-American-Exchange.html
Money! Some MFers gonna go to jail...Hope they enjoyed the few thousand they got out of their antics...Not surprised to see the same MMs executing the action! Same ones that sold the other trader(s) under the bus!
Who would want to lower the price and dump into an uplisting..HMMM, I wonder? LMAO. Best part, watching MMs load/dump the shares...hope they ready to answer for manipulation based on third parties.
Does not surprise me though...been nefarious actors in the security since inception thanks to taking over old ticker. Anticipate it touching .16 if not lower before we divest of the poison that are P&D artist.
Will add, last folks I reported and got SEC involved are headed off to three years of federal time. The spam from government advocate is annoying, but well worth knowing the last folks I caught are banned permanently and going to spend time behind bars...boo hoo...
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