JanOne Inc (JAN)

[stock1ace1]

The market is based on supply & demand pretty common sense to most...

[stock1ace1]

Illegal sideways trading? Thats a new one never heard of that lmfao.. can you explain what that is

[airahim]

Looks like you’re right, the pump and dump while insiders get rich.

[againstallodds]

IMPRESSIVE FAKE VOLUME: illegal sideways trading

This pump is over folks

[crudeoil24]

Super low float > 775,000 shares. Short positions SCREWED.

ARCI

[againstallodds]

This is going DOWN FAST FOLKS

The P&D is over

ARCI is a money losing machine

And a ATM for the Isaac's

[crudeoil24]

Got a few @ 4.81

[TheFinalCD]

back under 5

no wonder

[againstallodds]

Geotraq: no sales/contracts, paid pumpers at work

Folks, beware of the dump later today

[TheFinalCD]

looks like they want to run it back on another fluff piece of news

they already ran it to 9.24 the other day

why not do it again= $$


I would love to see a good documentary on how these hedge funds really pull this chit off


ARCI

[crudeoil24]

May run to $7 to $9+ again today. Better news out. Super low trading float.

ARCI

[airahim]

All a board for the next leg up!!

[stock1ace1]

$5.50 !

[crudeoil24]

ARCI up 36% @ 5.35 > ARCA Says It Is Experiencing 'Significant' Increase In Orders In Its Recycling Division; As A Result, Co. Has Entered $2.5M Line Of Credit
Benzinga

Super low trading float > 2M OS. Actual trading float 775,000 shares.

[Principian]

Not seen any FCC filings. As someone that has been thru this process many times, this concerns me.

[againstallodds]

Pierre probably playing his last cards

As best as he can...

Not much chances for a high tech reseller in this industry.

Pumpers hired to help daddy and son bail out of ARCI IMO

[Principian]

I figured as much. I mean how can you even get ranked by any criteria without any sales or at least a few valid Customer Testimonials?

[againstallodds]

What industry thinks about CIO Magazine:

https://www.quora.com/How-is-the-publication-CIO-Review-viewed-in-the-industry-as-a-source-of-information-about-companies

You got to work smarter Tiffany,,,

Just good for that pump and dump

Meanwhile, no sales nor contracts reported for Geotraq

[ClayTrader]

* * $ARCI Video Chart 08-27-2019 * *

Link to Video - click here to watch the technical chart video

[stocktrademan]

ARCI buy 3.9176

can sort of notice an inverted head and shoulders on some charts and a double bottom on others
at least a bull flag bouncing off moving avg support on an uptrend




normal chart









log chart









normal chart








log chart

[TheFinalCD]

shorts squeezed @ open to a crushing 9.24 then buyers got crushed on bear raid to 3.64

sick
sick
sick

ARCI

[TheFinalCD]

maybe thats why its dropping pm 5.40

ARCI

[Principian]

Estimated Revenue per Recycled Appliance. I have been trying to determine a more accurate figure. Kind of interesting ARCI opens a new location and forecasts being able to recycle 18,000 Appliances per year at this location.

I am using a conservative estimate of $500-$1000 per appliance So let's take the upper bound, 3Q ends next month so it will be mid November before we see any numbers and this means only around $1.5 Million New Revenue if that for 3rd Qtr. I will also assume ARCI took on new liabilities in employee comp and lease payments (At a minimum).

Next take an average of the Cost of Goods.
This revenue and Gross Profit wont make a dent into the existing Revenue Declines the last 2 years.

Today was a Classic Pump & Dump Scenario totally Hyped by this Press Release.

[ClayTrader]

* * $ARCI Video Chart 08-26-2019 * *

Link to Video - click here to watch the technical chart video

[TheFinalCD]

$7z hitting

ARCI

[Principian]

I have yet to even see Pierre file the FCC forms for Basic Certifications for this so called new NB-400. My intel also has it, Gregg Sullivan left Las Vegas. I thought it was kind of interesting Pierre had a Press Release recently that Geotraq joined GSMA as an Associate Member and then the PR went about on Hyping how Geotraq was going to Revolutionize the Telecom Industry. Very Lofty Sentiments.

Only item I noted on this latest 10-Q was ARCI booked $200K in Inventory for "Raw Material - Chips". Would be interesting to understand which version of the Monarch Pierre purchased. There was a Sequans Press Release 2 months ago on a new updated Version of the Monarch he chose to use. So if he bought prior versions, he already is a Day Late and a Dollar Short. The 5G Deployments are already in Trial on IOT and Verizon is selling the Sequans IOT solution for about $7 and that includes the POLTE Code. I got hands on a few. But one thing that still doesn't work well for my main solution is Z-Axis Altitude for In Building Coverage and it still isnt ported to the 700Mhz Public Safety Bands and that is where I had a serious Use case for Geotraq all last year. The market moves fast... pierre also appears to be marketing an IOT Sensor Solution based on the Monarch. The Monach has very limited Analog and Digital capabilities that only operate at 1.8, 3.3 or 5Volts. This is very limiting and he will miss the boat on what is considered "Industry 4.0" as well as the huge market in basic Water, Gas, and Electrical Sensors for Home and Business. I have tracked 4 huge Asset Location Deals Sequans did this year and last. Sad to say but who is going to go to a Reseller for any kind of Volume when you as a Buyer would just cut a deal with the Key MFG as well as the Network Carriers to operate the Solution.

We now are almost at the end of August.

ARCI is still Booking this Geotraq Patent at Acquisition Cost vs Fair Market Value. No license fees nor any lawsuits to Patent Infringement either. 2G and 3G Frequenxies and Technology are now all End of Life in favor of 4G/LTE and 5G Non Standalone Radios. The carriers are going to redeploy those 2G and 3G Radio Spectrum into 5G.

Here is a sample of my numbers from latest filing:

Geotraq still has a relatively high Burn Rate. They are still averaging what appears to be about $100K per month. It went down this past quarter. I was expecting it to go up as that would be normal if Pierre is in final stages of an actual product hitting the market. Especially after thatassive layoff last year. He would have to be fully outsourcing this project and then to be successful, you would begin to shift to more Marketing and Sales Costs and that doesn't appear to be happening beyond doing a few trade shows and Stripper Girl doing a few more videos


ARCI crossed over in the Negative on Working Capital (-$3.198) Million. That should trigger a lot of Lending and Loan Covenants.

Adjusted Book Value also is Negative. (-$893,000)

ARCI began task in ng on more Short Term Debt ($698,000) as well as the Accounts.
Payable increased to ($3.777) Million which indicates they are paying their Bill's later than normal or they took on new obligations. The former normally is true in many cases.

One new Lawsuit was added that puts upwards of roughly $2 Million in Liability.

Recycling Revenue continues to decline. I wrote on this before. There are only so many old appliances to recycle. The Cost of Goods also rose and that concerns me because this means some underlying cost is eating them alive and will continue to do so.

[againstallodds]

Geotraq no revenues, $600k expenses, big amortization

Pierre not achieving much here, no miracles

This outfit about to be shut down, can't go on like that

[Principian]

Looks like the sale of the Recyling isnt happening as per latest 10-Q.

[~MulaGreen~]

Why not?the speculated buy out offer is about $20/sh Premium.

[Principian]

Look at that price and the volume all at the Bell...

[Full Contact Yoga]

Yes, everything you've stated is why this has been a trade multiple times since RS. Inevitably, history will repeat, but until then, trade accordingly...

[TheFinalCD]

lol

[~MulaGreen~]

Buying the whole Float today.

[Lenard]

You should be taking advantage of moves in any particular stock when you're familiar with its price action it is a great edge to have

[Principian]

I have seen multiple price moves like this with ARCI. If the Trend holds, it rises a little more then the sell off happens.

It always has an early pop, then the price falls.

Old saying Buy on the Hype Sell on the News

[Lenard]

What I am saying is that a majority of those playing it know this. There are others that may not but they are also throwing darts or chasing. When you have these reverse splits which many are will also see at least one day of a crazy move. This is why people search for this type of play.I see these all the time but rarely am I ready to take advantage. The other thing is even if it is a messed up company it is irrelevant. The people aware of these plays have no interest to invest in them these are merely a trade a day trade.Will see if this gets crazy. One thing I notice is the risk reward on them for the short holding period is worth it

[Principian]

Low Float, you do know ARCI did a 5:1 Reverse Split? ARCI had been subject to being delisted 3 times from NASDAQ in the past 2 years for not maintaining a minimum 30 day share price of $1.

Then just wait till those Preferred Shares hit the public market.

[Lenard]

Right but I bet most of the late volume is people looking at the low float. Seems there are a handful of these every month giving a quick pop for a day or two and when a person is on top it ---it is easy money

[Principian]

Look at the After-Hours Run. I take it very few people actually do any Analysis of Quarterly Reports anymore.

Just one look at the numbers I have tracked for over a year, ARCI now officially is in the "Red" for both Adjusted Book Value (-$468K) and Working Capital (-$3,501K). Intangibles represent 58.95% of Assets.

People appear to be trading on a single mention of a Potential Buyer signing a Non Binding Agreement for the Recycling Business. No guidence of Price Range like before, let alone a mention of how the last potential buyer passed.

A few times too I had mentioned their CA Sales Tax Issue. Looks like they have a meeting with the CA "BoE" on May 21 t9 negotiate as they now have lost all appeals. ARCI owes CA over $4.7 Million and that is just for the 3 years in question. Sure seems people are not looking at that huge liability hanging over the Recycling Business.

Compensation Expenses dropped. I can only assume this was the Firing of Gregg Sullivan.

However, ARCI mentioned performing required Impairment Tests on Intangibles in March including the Geotraq Patent and found no impairments exist. I find this highly suspect. $10 Million of the Original number is a suspect Deferred Tax Asset on Future Geotraq Sales. ARCI "Baked" this into the numbers, whereas the real numbers need to be the Carrying Cost of Acquisition (which was $200K Cash, $800K Loan and the value of the288K of Preferred Shares).

From what I understand the $800k loan was "Satisfied". ARCI Corporate Secretary wasnt forth coming if this was a writeoff or if their was a transaction between the 3 Geotraq Shareholders of Recordback to ARCI.

[Badfoot]

I know.I'm leary of Loi's in OTC stock's.This is a NASDAQ stock and ARCI owns GeoTrack.I feel this maybe the reason for the Loi.

[BillG2436]

Hmmmm, wondering if I should bail now with profits or wait until tomorrow.....

[Badfoot]

Appliance Recycling Shares Rise 29% After Hours as Company Reports Non-binding Exclusive LoI with Potential Buyer of Recycling Business
https://www.benzinga.com/news/19/05/13740564/appliance-recycling-shares-rise-29-after-hours-as-company-reports-non-binding-exclusive-loi-with-pot

[Principian]

You can get a Sequans Solution direct from Verizon for $6.50.

https://www.sequans.com/press-release/worlds-smallest-and-thinnest-mobile-iot-solution-from-sequans-and-skyworks-now-available-through-verizons-thingspace-iot-accelerator-program-at-6-50/

[againstallodds]

It’s Sequans that integrated Polte, jan 2019

https://www.fiercewireless.com/wireless/sequans-adds-polte-c-loc-software-to-monarch-lte-platform

Every Sequans client can offer cell positioning

All with a head advance over Geotraq

Not easy being a reseller these days !

[OTC Whisperer]

Waiting for the futile bear attack at the bell; will just fuel the fire!

[DRspin]

time to roll fellas....lets gooooooooo

[DRspin]

someone was buying late in day...lets gooooooooo...run #2 on its way

[Makk1]

Very explosive daily chart

[OTC Whisperer]

Looks that way

[Makk1]

Fireworks set to go off tomorrow