Glowpoint Inc fla GLOW

[whytestocks]

News: $GLOW Glowpoint, Inc. and Oblong Industries Sign Definitive Merger Agreement, Create Industry Leader for Next Generation Collaboration Solutions

DENVER and LOS ANGELES, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Glowpoint, Inc. (NYSE American: GLOW) (“Glowpoint” or the “Company”), a managed service provider of video collaboration and network applications, and Oblong Industries, Inc. (“Oblong”), a co...

In case you are interested GLOW - Glowpoint, Inc. and Oblong Industries Sign Definitive Merger Agreement, Create Industry Leader for Next Generation Collaboration Solutions

[pauljack13]

Do any of the fukking idiots selling now know we're trading below cash value.

So damn pissed right now. I bought at 1.2 when 1.11 was the 52 week low. I can't believe we're this low.

5 million o/s. 6 million cash, no debt.

[Jiak]

Dead in here lol this needs to break .17 to get some excitement going on this

[Paullee]

Glowpoint and SharedLabs Execute Definitive Merger Agreement
GlobeNewswire•December 21, 2018
DENVER and JACKSONVILLE, Fla., Dec. 21, 2018 (GLOBE NEWSWIRE) -- Glowpoint, Inc. (NYSE American: GLOW) (“Glowpoint”), a managed service provider of video collaboration and network applications, and SharedLabs, Inc. (“SharedLabs”), a privately held software and technology services company located in Jacksonville, Florida, today announced that they have entered into a definitive merger agreement (the “Merger Agreement”) for the merger of Glowpoint and SharedLabs in an all-stock transaction. Pursuant to the Merger Agreement, SharedLabs will merge with and into a direct wholly-owned subsidiary of Glowpoint, with SharedLabs surviving the merger as a wholly-owned subsidiary of Glowpoint. In consideration therefor, subject to the terms and conditions set forth in the Merger Agreement, Glowpoint will issue an aggregate of 112,802,326 shares of Glowpoint common stock, subject to certain adjustment factors included in the Merger Agreement and described below. The shares of Glowpoint common stock to be issued in the transaction will be registered with the Securities and Exchange Commission (the “SEC”) pursuant to a Registration Statement on Form S-4 expected to be filed with the SEC by Glowpoint in the first quarter of 2019. The transaction was unanimously approved by the Board of Directors of each of Glowpoint and SharedLabs. Upon completion of the proposed merger, the name of the merged company is anticipated to be “Glowpoint, Inc.” and the company is expected to continue to trade on the NYSE American under the ticker symbol “GLOW.” The combined company will maintain its headquarters in Jacksonville, Florida. Jason Cory, the current CEO of SharedLabs, will be the CEO of the combined company.

The business combination of Glowpoint and SharedLabs, which on a combined basis generated total unaudited revenue of approximately $86 million for the twelve month period ending September 30, 2018, will combine two highly capable businesses with strong growth opportunities, and is expected to create a business model with increasing recurring revenue, a diversified customer base, and significant global reach; and is expected to result in the creation of a powerful software and technology services provider with comprehensive products and capabilities spanning managed, outsourced, and cloud services offerings.

“We are extremely excited about the proposed transaction with SharedLabs and the transformative opportunities the combination creates for us. SharedLabs has a strong brand, management and board along with an attractive market. We believe the combination will enhance the business and efficiency opportunities for both companies, and provides a structure for future expansion, organically or by opportunistic acquisitions of complementary assets in attractive markets, and the opportunity for enhanced shareholder value for the combined institution,” said Pete Holst, president and chief executive officer of Glowpoint.

“When we first announced the possibility of this transaction, we were bullish on the combined companies’ capabilities, and after deep due diligence and seeing what is really under the hood, we are even more excited to complete this transaction. This really is a case of two world class technology companies, which when combined, will become a global leader in digital transformation and enablement, with substantial opportunities to capitalize on the rapid evolution of digital technologies,” said Jason Cory, chief executive officer of SharedLabs. “Our differentiated solutions in software and applications, web and digital, cloud, IoT, security, data and analytics combined, coupled with the highly scalable services platform Glowpoint offers, will provide an incredible opportunity for the combined company to extend capabilities into new and high-growth emerging markets. Along with the combined teams’ talented people, and our relentless focus on execution, the new Glowpoint will have unparalleled opportunities for scale, a comprehensive suite of solutions, and the worldwide reach to make us the technology industry’s global partner of choice. I am excited about leading the new Glowpoint as its president and chief executive officer upon the closing of this transaction.”

[LoanRangerTX]

You know I am going to have to check the shorts on this stock. Not because I believe its under attack, but I want to see if their has been an increase the last couple of weeks. Besides Trading on this stock has been extremely light the last two weeks.

[LoanRangerTX]

Oh I would agree with you.

I just like Glow because it was a good flipper stock for me last quarter and now it seems to be on a collision course with sub dime range.

[growacet]

Conceivably all the way to nothing....

Not pointing that out to bash, just an acknowledgement of reality. Conversely if something happens to make buyers come storming in, there's theoretically no limit to how high it could go.

[LoanRangerTX]

Wow... how low can it go?

[LoanRangerTX]

Dang.... Well there is your answer, Glow is going to drop to a new stability point.

[LoanRangerTX]

Hmmmmmm, going to be an interesting day. GLOW was stable between .169 to .19 over the last couple of months, and for the last 6 months it only dipped down to .160 once.

So I figure over the next three to four days it will determine if GLOW is reaching a new stable price point, or the MM step back in to buy shares.

[LoanRangerTX]

I guess the shine has worn off the news and we are going to go back to bouncing between .171 to .200

[LoanRangerTX]

Ouch going to drop today. :( guess I will load up around .17 again.

[growacet]

200 dma resistance...

we'll see if it can get back over it this week.

[T695]

Reload zone

[Trend-Setter]

Glad I held this sleeper. GLOWing again!

[LoanRangerTX]

LOL so your belief is that any good news for Glow is bad news for the stock?

[BoilerRoom]

$GLOW Bought some of this

[TheFinalCD]

shiny GLOW turd

[ALERTS100%to10000%GAIN]

GLOW~MA(200)at .209

[LoanRangerTX]

I have to agreed. This was unexpected Monday morning gift! Woot, thank goodness I got this at .171.

[TheFinalCD]

The business combination of Glowpoint and SharedLabs, which on a combined basis generated total unaudited revenue of approximately $86 million for the twelve month period ending June 30, 2018

https://finance.yahoo.com/news/glowpoint-sharedlabs-announce-letter-intent-113000884.html

[ALERTS100%to10000%GAIN]

looks good to break .30

[T695]

Boom time

[LoanRangerTX]

And BLAM! 0.21 today, going to have to wait for the down stroke to repurchase.

[LoanRangerTX]

Love this Stock.

Lots of small volume, but steady. Has a decent 1-2 week up and down tick. Not a ton of news that makes people crazy and you can make a small amount of profit with 1k.

Looks like we are on the uptick for the next five days.

[T695]

This is going to run soon

[T695]

Buy buy buy

[T695]

Something brewing here

[growacet]

blog post from seekingalpha

https://seekingalpha.com/instablog/15663412-joe_retail/5203761-glowpoint-and-vuzix-study-contrasts-similarities

[growacet]

Too quiet here for too long....

I think we're going to start seeing closing prices in the 20s this week. And if news comes out about microlearning and includes a blockchain angle...then I think it could be Katie Bar the Door time.

[huka]

Ugly this a.m. Let's see if she recovers.

[growacet]

Don't often see small and chunk together....

Kinda like Jumbo Shrimp....I picked up another 5K last week just under 24 to average down yet again. Too many times I hesitate and then see a stock take off.

[huka]

Grabbed a small chunk GLOW

[Trend-Setter]

Good luck!

[Trend-Setter]

[steez]

Got in today. Looking for a nice reversal

[willlbone]

Regained compliance with the NYSE.

[Trend-Setter]

Didn't see that one. thanks!

[Tha Part Time Er]

Promo pump came out last night. Hence the initial spike

[Trend-Setter]

PPS spiked earlier. I thought of some news leaked. We'll see if something's up.

[Tha Part Time Er]

Could see an increase in volume $$$$$

[Wyngavan]

Blockchain announcement coming. Going to be huge!!!

[growacet]

Thanks....

To me pumping and bashing are just different sides of the same coin....I'm long on GLOW but I ain't gonna pump it. I've seen worse stocks make huge gains, and better ones fall big.

I came across something while bored and googling:

http://blockchainnigeria.group/

Its a Nigerian conference for BlockChain...the curious part is the conference theme: "Learning to Glow with The Flow". Its likely just a coincidence...but interesting regardless.

[Trend-Setter]

Well said!

[growacet]

Thanks for sharing my blog....

But note, that's simply a rumour....and its one that led me to put some money at risk here, the rumour combined with my opinion of the chart.

But take note of that word, "risk". This isn't a sure thing, even if the blockchain rumor turns out to be true there still is risk that the PPS could decline.

IMO Glow isn't "investing" its gambling...and I express that view from the point of view of someone who has a long position.

Cheers

[Jessearroyo8]

how do you know?

[Wyngavan]

Poised to skyrocket!!! Blockchain announcement coming.

[Wyngavan]

Poised to skyrocket! ...
http://www.avoidthebag.com/2018/01/glowpoint-inc-buying-rumour-glow.html

[Trend-Setter]

Standing by....

[Trend-Setter]

What's going on? Back to low .30's again.