Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is up 8% since the RS... those who held through the RS will keep holding. We are excited about the merger with Munzee; a profitable company with millions of dollars in revenue.
GLTA :)
$FRZT
$FRZTD
do you think there will be a bounce?
Do you think the deal will be good?
Hey Ched, two questions for you. The reverse split is complete. Now i dont like reverse splits now matter what anyone says. We will see a decline in the next few weeks. But after the full comversion accross all platforms such as TD , etrade etc... do you think there will be a bounce?
Heres my take. I knew the rs would take time and the comversion process would take some time as well. Shareholders who had shares are now reduced. The PPS is going down. Theres a slight chance, but if dilution occurs FRZTs PPS will trend down even more.
But the last factor , the deal with Munzee could bring this up nicely. My last concern is if the offer is really that good for the price to go back up heavily. Do you think the deal will be good?
Have a good day and best of luck getting out of $FRZT as fast as you can.
You take posting unsolicited inaccurate opinions on a message board “very seriously”?? I wish YOU good luck in life, you’re gonna need it with those kind of priorities. And stop PMing me.
I take my role as a newbie teacher and helper seriously -- Thats why I warned everyone to get out when the RS was announced and you now see why I did. Its only going to get much worse from here, we are headed back to sub .01 shortly -- That means your pre RS shares will be worth .0001
$FRZT
What do you mean "still around here", on IHUB?
I predicted this would be a disaster and it is unfolding just as I said it would, despite many people claiming otherwise.
Cheers, and better luck on the next one
$FRZTD
I’m not surprised that you’re still around here. It’s not like you have anything else to do.
Preferreds are going to be xld! They only exist as a poison pill in case of a hostile takeover attempt
Remember that the O/S will be closer to 70M and in a buyout scenario after the merger is completed the O/S would be in the neighborhood of 400M after all preferred shares are converted.
So I highly doubt a buyout in the 40M area, maybe 4M which would be .01 a share.
This is why the split is no good for shareholders as you have been massively diluted in the company.
Not only CANT but ARCA was active on L2 not the combo you want controlling L2
Yes my friend.
Great analogy.
2 FOR THE PRICE OF 1 INDEED!
gltaLONGS:)
Do your OWN DD folks!
Jmho.
-Chaka
$$$GOFRZTD$$$.
It is - and this should be in the low digits before anyone gets a chance to dump out.
That is true but it’s much easier than than. Just watch L2
CANT was dropping it today
Since FreezeTag tends to announce toxic dilution a full 7-10 calendar days after the actually event one should assume that when you see volume over say 100,000 shares post split that dilution is still going on.
Holland has nothing to do with that.
Yes Shares Converted to FRZTD on 1 of my accounts. So I think Monday the other ones will convert. Have to hand it to Holland. In the past I have had to wait on a OTC a week or more. But looks the settlement is happening as I print.
Anyone else not surprised they are already diluting?
$FRZT
TWO Companies for the price of ONE!!!
What if chicken little said a R/S was coming?
The D means they did a R/S
Yes Shares Converted to FRZTD on 1 of my accounts. So I think Monday the other ones will convert. Have to hand it to Holland. In the past I have had to wait on a OTC a week or more. But looks the settlement is happening as I print.
Wall ST it's cocktail time for all of us.
Lol. I disagree. Great buying opportunity in my opinion.
Really? Whatever!
Thank you. It does look familiar.
So if Munzee is going to absorb about $1.5 million of FreezeTag's annual expenses, not including derivative expenses, they are going to have to find a way to very quickly cut interest expenses and administrative expenses. Unlikely that FreezeTag's side of the business is just going to come up with 2 million in sales from Garfield Go and other games in the next 12 months.
I had a bid sitting out there at .07 and it got jumped and transaction occurred at .061. Next thing I knew there was almost 40K bid at .08. Something up. We will be watching very close. About 3 weeks we get some big Info. In the mean time expect Shenanigans... DOCUMENT DETAIL REPORT!!!
Yup. Only up from here, right Nit?
$FRZT
For the sake of this argument let's say your point is true : Munzee (a profitable company with millions of dollars in revenue).
When combined with Freeze Tag the combined company will still show a healthy loss due to operating expenses, interest expenses and losses in derivatives. Even ignoring the derivative losses there is about $1.5 million in interest and operating expenses that Munzee will have to absorb annually before cost cutting measures start. Do they have enough in profits to keep this ship afloat without have to go to their own lenders for more money?
That’s ok, we all forget things sometimes. Here is my post about it on 8/2: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133501330 ...you actually responded to it.
Here is the 8-K that revealed this info:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12199153
Munzee’s total revenue for the year ended December 31, 2015 were approximately $1,894,000 and for the year ended December 31, 2016, approximately $2,116,916 (Green Pin Services Inc. contributed an additional $242,843 for a total of $2,359,759). Munzee’s net income for the year ended December 31, 2015 was approximately $126,000 and for the year ended December 31, 2016, was approximately $177,853 (combined with Green Pin Services Inc., Net Income was -$152,718). Revenues and net income for the first six months ending June 30, 2017, were approximately $1,075,297, and $34,664, respectively. Net Income was down due to approximately $80,000 spent in defense of patent infringement claim, IRS audit, and legal consultation for merger. All Green Pin Services Inc. entities have been liquidated and closed as of March 2017. There are $0 in cost and revenue as of June 30, 2017 for Green Pin Services Inc. and moving forward.
The company won't have that choice. There is still about $380K in toxic notes that have to be repaid in shares upon demand of the note holder. As you have seen 3x in the last six weeks, 160 million shares (pre-split) got dumped on the market before the reverse split. Some said it would be idiotic to convert before the split but it happened anyway.
Holland and Mick's notes will be restricted for two years once the merger happens but they still could convert up until the merger (but not likely).
The newly formed company is not going to dilute until they get the price way up, because that would be imbecilic.
The FRZT R/S finally happened...
$FRZTD is up 8% since the RS. Those of us who held through the RS will keep holding because we are excited about the merger with Munzee (a profitable company with millions of dollars in revenue).
GLTA :)
$FRZT
I don't recall seeing this in any of the 8-K's or 14c. Not even in the 10-Q.
<Munzee is a profitable company with millions of dollars in revenue (this info was revealed in one of the recent>
Right where it was pre-split (.0009). Have a nice weekend everyone.
Yea before trips
Oh well, Enjoy the game from the sidelines Tritium! Shame you won't be playing with us!
Wayyyyyy too much toxic debt. Maybe buyout at price of .0006 per share
There is already dilution right now
CANT - cantor Fitzgerald
$FRZT
If we got bought out now what would be a decent asking price?
So 10.1 mill shares out there at .10cent =1mill
So would 7 mill do it?
Just asking.
Maybe accepting bitcoin for in game play!! lol
I am reading too much about crypto!!!
The only thing I can see is that this will be volatile until the news is out then way up, The newly formed company is not going to dilute until they get the price way up, because that would be imbecilic.
Munzee is a profitable company with millions of dollars in revenue (this info was revealed in one of the recent 8-Ks).
$FRZTD
$FRZT
Frztd is a mess, but there is more to come. I would be very cautious about buying here. Munzee may bring some assets to the table but also they may bring more debt.
All will be revealed in the 8k, but I expect the stock to fall to 0.03. That is the loading area for now
The post split spread has been 06-12 (except for yesterday's open at 05). All the longs are in above 08 and we will buy anything below that gladly. It's not gonna get much cheaper, folks.
No i can’t. It knows I have shares FRZTD but I may only sell.... which I obviously don’t and refuse....;)
#interactivebrokers
Followers
|
400
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
72061
|
Created
|
04/20/11
|
Type
|
Free
|
Moderators |
Website:
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |