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LIGA they once again are over promising and under delivering. Tweeted Monday they’d get the attorney letter out to take the yield sign off and still nothing on otc markets as of 5 minutes ago. They also said to lookout shortly for a PR on expansion plans...also nothing as of today. I’ve been patient as can be and will continue to do so
If they can close on Brentwood to bring in some cash flow that get their HWS partnership going full speed, then the tide could turn quickly
LIGA- have not heard anything for a while...
RXMD Added again yesterday and will have funds to get a nice chunk next week too
I know what I own, ignoring the BS
Been here 6 years
I’m on my toes everyday. I like your positive outlook. I love being proven wrong when it means we make money.
Yes true, and why are they dragging that out also? Merger? Clear out the debt first? Both ? Its unfolding, stay on your toes.
Any thoughts on today’s absolutely crazy trading
Ok we’ve cleared “all” that up. Lol
Don’t think for a minute that they haven’t been working on that for the last year this has been dragging out. I didn’t believe during the CC when he answered that they are still working on that. That is where Armen came from. The ipo raise has to be ready at this point.
IMO
Just so we are all on the same page; yes we are waiting on a capital raise plan and yes I’m mentally ill.
Assuming that’s the situation, I wonder how large of capital raise they’ll pursue? And what might that mean to us as shareholders. I haven’t really thought a lot about that whole aspect of the S-1, but if that’s what they’re saying is next....
I didn’t say you aren’t. I’m just saying I heard it too. Lol
Thanks for the response. I’m glad I’m not crazy and making stuff up.
That’s what I heard as well
Per the conference call, the S1 is waiting for clarification on how Rxmd will raise funds, unless I misheard the conference call.
Jay also responded the question about a M+A by stating they are always seeking out potential mergers or acquisitions
Good luck all
Not really but acted like they were close.
I agree, and why not payoff the debt and why all the T trades?
Somethings going on that they can't share. They definitely want out off the OTC.
Thanks for the update!
Perhaps auditing the Q1
TD - That's exactly what Armen told me a week or so ago.
RXMD - Thanks RIO.
RXMD.. thanks for the info RIO. Did he give a time frame?
RXMD hmmm...interesting. Appreciate the follow-up response. I’m just trying to make sense of it all like you and everyone else. It almost feels like a stall tactic to go with quarterly over annual in this situation. Who knows at this point though. They just need to get it done.
S-1 to be updated to reflect the Q1 fins.
Ya I was and am confused. He said to file the S1 you just need one set of fins. audited annual or Q1. I got the impression Q1 fit the timeline better? Just need to update the fins to what they reported on Q1 It doesn't make sense. Like I said it was a messy call driving down the road. We are waiting on something and I don't think its RXMD. JMO
Waiting for the Q1 to be updated? What do you think they need to update on?
RXMD thanks Rio. I’m still confused on why the S-1 is waiting on the quarterly. I would think the audited annuals would have been sufficient. Did Armen say or echo what was mentioned on the call yesterday regarding what is left now (once the quarterly is updated) before SEC approves?
It’s been over six months now since they filed the S-1. I think everyone is getting antsy now. Price is beginning to reflect as such.
RXMD- I spoke to Armen today. He called me back while i was driving down the road in heavy traffic so I couldn't use my notes or take notes. He really couldn't or wouldn't pinpoint the reason for the T trades. He figured Its the ILiad debt. The S-1 is waiting on the quarterly fins to be updated. Talked about some other things. He is still being very careful what he says. There was no pump in his tone.
I got the impression this still has to be waiting on a merger acquisition. JMO
Thanks......with RSI at 33 this will fly with the right news.
Still holding just wish I waited to pull trigger ... that was my fault but let’s hope this turns around .... they may have something up there sleeve .... would hope so after the rs... good luck
I am very bullish at these levels. I bought heavy into SING at these levels (pre-split) from Sept - Dec 2020 and sold all of it in Feb 2021 at huge profits.
The company is now in much better shape financially. $Toxic debt gone, $1.6 mil cash in the bank, well-positioned in the solar area and the new hot industry, Air Quality Control. BoxAir, the newest SING acquisition, has over $50 mil in bids outstanding and was profitable in Q1 per the SING 10Q.
This article bodes well for big future revenues:
The authors of the Science paper call for new international guidance on air quality to go beyond indoor air quality (IAQ) guidelines issued by the WHO and to extend to infection control. #IAQ #IndoorAirQuality #cleanair #safeairzone https://t.co/QelT49PlWK
— SinglePoint $SING #cboe (@_Singlepoint_) May 18, 2021
RXMD Im accumulating shares an excellent company at cheap prices.
Will continue to accumulate here
TrackDude you are absolutely right!!
RXMD Well that's the danger with company insiders talking to shareholders informally. There's always going to be a certain amount of miscommunication.
Quarterly reports simply are NOT audited. Period. (same thing for big board stocks - take a look at this quarterly from Party City, for example: https://www.sec.gov/ix?doc=/Archives/edgar/data/1592058/000156459021026026/prty-10q_20210331.htm)
HOWEVER - in my experience with CEOs and other company insiders that are NOT very technical CFO types, they routinely talk about all of their reports Qs as well as Ks and refer to ALL financial reports as "audited." The reason for this is that they go through essentially the same process as the audited Annual Reports. The back-and-forth between the company and the independent accountant - the same one that stamps the Annual Report "audited" - is very similar from the company's perspective, whether a Q (quarterly, unaudited) or a K (annual, audited).
For MOST (not ALL) intents and purposes, they ARE audited, as they are reviewed and essentially controlled by the same AUDITING independent accountant that stamps their "AUDITED" certification on the 10-K Annual Report.
Just curious if everyone here is still bullish on sing????? What was the reasons why it was such a good buy before split ? Am I missing something ?
RXMD - He did tell me that...don't know why they are not audited.
RXMD - Thanks. NETE had a huge turnaround this past quarter compared to last year. Obviously due to COVID though.
Any thoughts on why the RXMD quarterlies don't appear to be audited? I thought Armnen told you and possibly some others that they would be?
RXMD -NETE - 10Q and 8K out also
RXMD Q1 is out! $26K net profitable. I’ll take it. Thought these were going to be audited?
RXMD - I like to think that’s a great buy. Price drops really test the nerves down here though. Seeing that play out on the main board. I’m LONG like many of you here and have seen too many of these price drops over the years to get too upset about. At the end of the day I still focus on the potential of the business rather than the manipulated OTC share price.
RXMD - CFGN is relentless today. Hopefully they are almost finished.
RXMD I also added a little bit we I could, we all know how well we will do here!!
LIGA Q1 report is out. Looks like a buyout deal was accepted for Brentwood but is pending closing
https://backend.otcmarkets.com/otcapi/company/financial-report/283380/content
RXMD - Exactly INSTA.
RXMD Sat back and added all week last week
Got a nice chunk @.0757 avg which is < 1X 2020 REVS
Just sitting back waiting for this all to get executed and adding these opportunities as they present themselves
These message boards been taking up too much of my day, the deal goes through we will hear its a bad deal, if it doesnt go through we will hear its all a scam....
BS I know what I own and so do the rest of us here, staying patient and ignoring the rest
SING - I'm holding all my shares. I would think that down here it is a very good buy.
RXMD they technically have until Monday to post the Q1 financials given the 45 day period ends on a Saturday, but wouldn’t be surprised if financials were released after hours tomorrow. They historically only PR financial results after the conference calls
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