GreenBox (NASDAQ: GBOX), a thriving and rapidly growing fintech company, today announced its planned participation in the LD Micro Main Event XV being held from Oct. 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Bel Air, California. GreenBox is an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions. GreenBox Chairman Ben Errez will be available for one-on-one meetings with investors and will be giving a presentation at 8:00 a.m. PT on Wednesday, Oct. 26. Errez will discuss the company’s rapid ascent in the digital finance space, including its strong processing volume growth, innovative payment solutions technology, completion of several key strategic acquisitions in addition to the recent shareholder approval to rebrand and rename the company as Ryvyl.
Nothing but false hope
Ben again should be ashamed of himself .
I got COYNI, too !!!
So I guess more false promises from Ben ???
Thx LW!! Will do!
Would be nice to get some good news for a change!
You may want to check stocktwits.com It seems most have also joined.
There's lots of chatter.
Hopefully, we will begin hearing from Ben with details of Transact Europe, Coyni, etc. etc.
We have waited a LLLLOOOOOOONNNNGGGGGGGG time!!
$GBOX to the MOON!!!!!
That’s fake news they filed and 8k increasing their buyback and allotted 10 million in funds to buyback shares already approved by the board and filed to the sec.
Gbox for the win it’s coming
yep ur right. us shareholders need a break with great news on this stock
because we have believed in company from when they were under buck
up up and away $$$$$$$$$$$$$$$$$$
They can not allocate money for a buy back because they have debt.
They pushed back their debt repayment for the mere fact that they need time to take care a convertible note.
A buy back is not smart, nor will the covenants in their convertible note allow them to use cash for buy back.
Yes just waiting for the fireworks they will be huge
We are due for a positive call !!
Probably. Makes sense to buyback stock ahead of earnings if they believe it will be a positive call next week.
Is this all Ben and his stock buyback plan ??
Yes, I agree that is heavy in institutional ownership. Target price is still good. Recommendations are buy. However, at this point, the SP is easy to manipulate. Best to just sit back and wait for good earnings report and increase of customer base with increase in processing volume. This company looked good before COYNI, and will only get better if COYNI is as good as we have been told. Hard to wait, but that is what you have to do with an infant company.
Lol. My pleasure.
So you are FINALLY fed up huh? Whenever anyone else bitched like that u went off on them and tooted your company horn telling them they obviously didn’t understand what the plan was and how great this would be long term! Bout time you admit shareholders are getting screwed without lube! Your apologies can come anytime!
I no longer trust Ben on anything
We should get a round number bounce off $2 but Mgmt has to deliver on multiple fronts to reverse this downtrend. Ben, Fredi…. Good time to roll out that new marketing plan… we did hire Jackie for a reason I hope.
Beyond disappointed with execution post uplist. BEYOND
Over promising and under delivering into an uplist is a recipe for disaster. As usual, the folks that pushed for a RS are the ones that made out like bandits. That would be the banks. You guys should have stayed with your plan you had for years of uplisting organically. ORGANICALLY. Remember those commitments you repeated over and over? And don’t blame this collapse on some half ass short report. Look in the mirror
I feel your pain! I also saw my $ for my new C8 disappear in a puff of smoke!!
Our Day will come!!
At one time I was up over $70K with this stock and now down $2600. I averaged up quite a bit over the last year and a half. Does this make me happy? No. Am I ready to pull the plug? Not yet, and for the reasons most of you believers have already stated. The tech is solid and the potential is enormous. They have stumbled, but its not like they have done all this before. This is a new company. I reached out to IR Mark a few weeks ago to to share my concerns with not meeting deadlines, the optics of their CFO selling shares when the price is in a continual decline (thougg I wondered if it may be part of his compensation), etc. Below is his response, shortened for space:
"The company is focused on execution of its long-term strategic expansion plans as demonstrated by the partnership with Cross River which massively expands their customer universe and services it can off, and recent launch of their bulk ACH channel adding $50 million in processing a month. While other initiatives have taken longer than expected to close or launch, management remains committed to seeing these through and has proven it can successfully scale its technology and processing volume significantly and expects to continue to do so.
In terms of insider sales, we don’t comment on why a management member sold, it’s their personal decision and given they are compensated in stock in lieu of higher cash salaries, sales should be expected from to time".
This stock is heavily shorted, but that can't last forever, especially once they start delivering results. I have been holding through this, but I guess for the first time since I bought in, I can start averaging down.