JanOne Inc (JAN)

[TheFinalCD]

https://finviz.com/quote.ashx?t=JAN

wow look at the history of exaggerated spikes

pops followed by drops

lower lows

looks like dilution

micro share structure

big swings

both ways

[crudeoil24]

Na,na,na,na, hey,hey, goodbye!

[crudeoil24]

You're not kidding; C'mon Jan!

[420man]

Nice grab...waiting for a potential strong dip before the rest of the market takes notice. GL

Any second now and CHK gonna explode ;)

[VMB-1]

~Got some 5.30's..1M Float..LETS HALT THIS MOFO!

[420man]

Could hit $10 on open! Give me some quick 5's before open?!?

[420man]

10 min double bagger... Grab some on the pull back

[420man]

Weeeeee!

[DJ Ponder]

LMFAO
SUCH A DEAL.

On August 18, 2017, the Company acquired all of the assets and capital stock of GeoTraq by way of merger, the result of which GeoTraq became a wholly-owned subsidiary of the Company.
The final fair value of the single identifiable intangible asset acquired in the GeoTraq acquisition is a U.S. patent USPTO reference No. 10,182,402 titled “Locator Device with Low Power Consumption” together with the assignment of intellectual property that included historical know-how, designs and related manufacturing procedures was $26,097 which included the deferred income tax liability associated with the intangible asset. Total consideration paid in connection with the acquisition of GeoTraq consisted of $200 in cash, unsecured promissory notes bearing interest at the annual rate of 1.29% maturing on August 18, 2018 in the aggregate principal of $800, and 288,588 shares (exact number) of Series A-1 Preferred Stock (as defined below) with a final fair value of $14,963. See Note 17 – Series A-1 Preferred Stock. In connection with the acquisition, an additional intangible asset amount was recorded in the amount of $10,134 and an offsetting deferred tax liability recorded of the same amount, $10,134, to reflect the future tax liability attributable to the GeoTraq asset acquired. There were no other assets acquired or liabilities assumed.
At the time of the acquisition of GeoTraq, GeoTraq had no business operations, one intangible asset and historical know-how and designs. GeoTraq is in the development stage.


GOOD GRIEF

[Principian]

No revenue for Geotraq and I have yet to see any filings at the FCC. Without those Certifications there absolutely will be no sales. They also have not applied for an FCC Exception, which this would be an appropriate route to go down, but has a drawback of then pushing Product Certifications onto the Companies that would integrate this Cellular Module into their own Products. To get the Exception, they basically would Piggy-Back onto the Certifications done by their main Chip Supplier - Sequans. I suspect they more than likely are getting into issues of dealing with Batteries and Antennas. There also is a fair amount of S/W and APIs that would need to be Designed. This amounts to a Buy vs Build Scenario. Its hard to tell exactly how much Geotraq possibly is spending either on Employees or on any Outsourcing.

From what some of the Geotraq Website is stating on Certifications is they are targeting Verizon, AT&T & T-Mobile. Therefore, this means this solution would only be usable in the United States. Hardly a World-wide Solution as they are Advertising. They'll need Certifications in each country they intend to have the product operating. Also it appears any mention of Gregg Sullivan's Patent are fully Scrubbed. Being in the Telecom Industry, they are a "Day Late and a Dollar Short". The Mobile IoT Market is massively saturated from the Established Players. In fact, you can buy the same Sequans Chip in an established product Direct from Verizon for as little as $6.50.

Ask yourself, if you are a Corporate Buyer or even a Product Design Engineer, are you going to go with a Company such as Geotraq that has a NON-Standard Form Factor Product and has NO Track Record or are you going to go with a more Established Player??

The more time goes by the worse this Uphill Battle will become to win any kind of Market Share. Real Customers in dealing with Telecom Products are highly "Conservative", so winning over an "Early Adopter" in this Market is now going to become very unlikely as Companies have already deployed and tested out the Products from these Existing Vendors. It will take more than a Hot Blonde Marketing Chick generating Hype to make this a Success.

As well, this BioTech Move. This is by far sets off so many Red Flags for Shareholders. With a Negative Working Capital and already having Operational Expense Issues, entering a new market is crazy especially considering they hired a Celebrity Influencer with his own issues in Judgement and Behavior are concerned.

Meanwhile, here is a quick rundown on some Financial Metrics of JAN/ARCI.

Working Capital: -$2.319 Million
Book Value: $16.704 Million
Adjusted Book Value: -$1.489 Million (Book Value - Intangible Assets)

It will take me a bit to look at all the other Financials I am tracking.

Stay Tuned...

Intangible Ratio: 54%

[againstallodds]

10Q out https://www.otcmarkets.com/filing/html?id=13749623&guid=NZUvUefWOf6yvth

Still no revenue for Geotraq...

[Principian]

Especially that $10 Million Deferred Tax Asset as part of the Geotraq purchase.

There have been ZERO Sales of any Geotraq products or service.

[againstallodds]

Disagreements on Geotraq assets value perhaps?

[againstallodds]

WARNING : ACCOUNTING FIRM RESIGNED

This never is a good news...

[againstallodds]

He owns a new scam nves…

check the whois on this website.

[Principian]

Kind of funny if you read the latest Proxy Statement, you will see Gregg Sullivan mentioned in regards to his Preferred Shares. It referred to him as "Last Known Address".

I knew this loser was going to skip town. The address they had put him in an Apartment off the Vegas Strip. Personally, he always looked like he was Stoned or Hung Over. Dude always seemed to have red glassy eyes and wrinkled clothes. Sad.

Anyone know where he is hiding out?

Today, this stock pushed a new Low of $2.00. It closed at $2.26. Pre-Reverse-Split of 5:1 this puts the shares at $0.452.

[againstallodds]

They should add to agenda: Isaac destitution...

The guy doesn't know how to create value obviously

Should recycle in crap shoot only...

[Principian]

Approaching a new 52 week Low. let's see if JAN/ARCI falls below $2.25

[againstallodds]

$2 drop in less than a month

Way to goTony !

[Principian]

Correction $0.53 per share pre reverse 5:1 split

[Principian]

With a current price of $2.65, one must factor that 5:1 Reverse Split. Logically, this would put these shares at $0.503 per share (pre RS) All this move did was bought them time from being Delisted from NASDAQ.

I predicted when they did the Reverse Split that eventually the Stock would fall back to its natural range and now this isnt too far off.

Without any clear guidance on this latest venture, not much can be justified for any future price moves. in fact, with hiring Eric Bolling at $550K a year plus his expenses. They are going to eat into their cash worse than what they are burning on Geotraq.

That new Recycling Center they opened in Syracuse NY probably will be just barely covering these ventures that are going to continue to bleed.

[againstallodds]

DIVE! DIVE! DIVE!!

Are bad news coming ?

Is Isaac to announce Geotraq will be sold and written off ?

Is recycling business going nowhere and still losing money?

[againstallodds]

One dollar drop in 2 weeks !!!!

[againstallodds]

Market not impressed by Bolling...

[againstallodds]

Wonder if Di** pics will help sell shares?

Might work better than the Geotraq fiasco!

Is he getting paid by the inch?

[Principian]

ARCI (now JAN) is playing the market for suckers.

It is Late September. Not a single filing can be found yet for Geotraq's module(s) on FCC website. I have been thru this regulatory process dozens of times over 30 years.

I noticed, any mention of Gregg Sullivan's Patent has been scrubbed from the Geotraq Website.

They'll be forced to Write off the Patent as it is of no marketable value.

ARCI/JAN. Will have to do a Write-Off. There is no way they can continue to carry this at Acquisition Cost. Especially since they padded this with a $10 Million Deferred Tax Asset.

They are hiding that in the Intangible Assets.

Now we see this latest Venture. Close inspection of Eric Bolling's Employment Agreement, he is going to pull down $550K a year plus benefits and the Issacs loaded him up with $1 Million in Stock Options of which 50% already Vested.

Not bad for a "Pitch Man". He is tainted though because he was sending Di** Pics to his Female Peers at Fox News.

I can have empathy for anyone who loses a child to a drug overdose.

However, one has to ask real questions here.

In Financial Analytics, it is and will continue to be a Red Flag when Managers go outside their known expertise.

[againstallodds]

Nice after hours tape painting

Creating artificial gap for monday AM ?

The only way share price can go up within friendly hands

Isaac should have hire a doer instead of a talker...

[againstallodds]

If trend continues, JAN keeps loosing money

Every month

Last financials were no good

geotraq is a big dead weight, represents most of the assets value in intellectual property that was grossly overpaid for, and that never generated one single sale while loosing money every month

Jan can't write thet off as it would cause many loans to be called back, in my opinion

They announced a third orientation in the opioid war, without stating exactly what they want to do and how much money they want to make out of it...

Hey Isaac, do you really know what you are doing?

[againstallodds]

Market not impressed by Bolling nomination

[againstallodds]

Impossible to know exactly what they’ll do

They announced a very noble concept, but not a word on how they are going to make money with it.

Hiring a has been and giving him shares does not create a business case.

So tell us, what the heck is the action plan?

Company is losing money with recycling and losing money with Geotraq that NEVER HAD ANY SALES, so how will they close the cash flood gates?

Still no plans to create revenues from opioid crisis, is this any serious???

[Principian]

I am willing to bet Eric Bolling son died from drinking and taking Xanax.

[Principian]

Take Note Eric Bolling is using the Live Ventures Las Vegas Address.

[Principian]

According to the new website Eric Bolling's son died from taking Xanax laced with Fentanyl while at the University of Colorado.

Very sad. However, one would wonder if his son also was drinking alcohol at the time. Both drugs being very deadly when being mixed with Alcohol.

Xanax is a Sedative and Panic Disorder Drug and by itself is deadly when used with Alcohol.

Fentanyl is the Opiad Pain Killer. The trouble with this drug is the Non-Pharma Grade drugs that are coming from China. Fentanyl is mainly a Cancer Pain Treating Drug and it is the Heroin Junkies that found it sustains their High.

I am somewhat wondering if this new Venture will be making a Medical Marijuana play. One of the Issac's Cronies and former ARCI Board Member Timothy Matula was busted a few times by the SEC and State Securities Divisions and is a huge proponent of the "Weed" Business.

[Principian]

Looks like they hired a Conservative TV Personality (Eric Bolling) as the President/CEO of this latest venture.

10 to 1, I suspect they are going after some Government Grants. Eric Bolling is on Fox News regularly and the Opiad Issues are huge priority on a number of Government Agencies at the State and Federal levels. And they all are going after such Tax Payer Funding as possible.
So this looks to be an Influence Peddling Move to try and score some Tax Payer Loot.

Looks like the Issacs just loaded Eric up on Stock Options too with the first third already vested. Talk about printing money. We wont know if he is taking a Salary unless they file this in an 8K. As well we wont know the full comp till next Qtr filings or the Annual.

And no word on exactly what they are planning to do. Time to get back on Twitter and start questioning Eric Boller in a Strategic way.

[againstallodds]

Name change from ARCI to JAN

This company went from recycling refrigirators, to telecom high technology and now in drug discovery...

Developing a new grug costs $900M and takes 10 years before being approved.

Recycling business has sales bur loses money, technonoly has zero sales and also loses money, end now they are trying drug discovery?

Isaac should resign immediately, before having hiss arse kicked by shareholders

BS announcement

[Mattel10]

Never bought this but it just showed up in my portfolio. How did this happen?? Spinoff shares or what?

[againstallodds]

They keep losing money, trying new gig…

[Principian]

Well this latest PR is kind of interesting. Very vague as to exactly what they are planning on doing. I would assume no existing ARCI people has any experience in this way all. So this means taking on all new management and employees with many more than likely being Highly Trained and Board Certified and has a number of liabilities. This market also is highly Regulated. There also is plenty of existing competition. So I would wonder if they are buying up some existing player or are they starting from scratch.

Hopefully the 8K on this will spell things out more clearly.

[Principian]

Hurricanes on the East Coast do not create Recyling Opportunities. Appliances dont get impacted like rooftops from the high winds.

It is an Insurance Payout and I can tell you modern appliances have next to zero recycling value. The largest Recycling is the Copper in old Appliances. Modern Appliances it is all plastic. And believe me the east coast has been hit seamy times, we know the deal.

ARCI doesn't even operate in Florida

[Principian]

You are fooling yourself on such sentiments? As someone that has lived over 30 years on the East Coast and lived thru over a Dozen Hurricanes. You dont have a clue.

[Stockrocketer]

If we survive, we may recycle this unprecedent event of all hurricane measuring history with 2000% profit as well.

DELTA PRESSURE JUST REACHED 90 hPa,
WINDGUSTS UP TO 440,62873635980996899232512181296 KM/H =
273,852539689129875072918037174 MPH
SUSTAINED WIND: 400 KM/H = 248,6 MPH FALLEN !!!!!

I HAVE NO WORDS FOR IT, FALL ON THE KNEE YOU FOOLS AND EXCUSE THE EARTH FOR MANDKIND´S WRONGDOING OF ALL THE TIME, ROTSCHILDING-ROCKEFELLERING OF THE EARTH MUST END FOREVER!!!

[Stockrocketer]

ARCI may clean it all. 400%-500% increase of recycling expected.
The DORIAN IS 30% STRONGER THAN MICHAEL WITH TOTAL ENERGY 1789852
LITTLEBOYS, AN 15 KT TNT BOMBSHELLS. 934 hPa WAS MEASURED, DELTA PRESSURE IS 66 hPa, WINDGUST UP TO 378 KM/H = 234,98186282204777743055501756875 MPH , SUSTAINABLE WIND 330-340 KM/H = 205 - 211 MPH. HURRICANE CATEGORY 5,2 DORIAN IN SIGHT OF BAHAMAS. DEVASTATION INTENSITY UP TO 30 KG OF TNT PER SQUAREMETER !!!

HOUSTON, WE HAVE SERIOUS PROBLEM!!!!!

[Stockrocketer]

Hellow my friends, somebody from you are joking about extended job of ARCI from HURRICANE DORIAN on internet forums, recycling orders may reach the uphill of the bid on Florida, but I HAVE TO say You, don´t underestimate this NATURAL EARTHCOOLER.
DORIAN CENTRAL PRESSURE MAY DEEPEN TO 981-980 HPa AND DORIAN IS QUICKLY SLAPPING THIS 1019 HPA HIGH PRESSURE ASK CLOUDED OVER THE EAST OF USA, WINGUSTS WILL REACH UP TO 272,8843012372805512837094059926 KM/H , 169,5190356170985242823043279651 MPH ,
PLASE HEAR THE WARNING CALLS, OTHERWISE YOUR LIFEWARRANTS WILL BE STROKEN HARDLY AND LIFEOPTIONS EXPIRE IN A FEW SECONDS UNFORTUNATELY.
TOTAL ENERGY OF DORIAN ON THE PEAK IS ESTIMATED ON
53878314009064954039,634334023243 JOULES = 5,3878 E19 JOULES =
= 858892,30047927553068124237244126 LITTLE BOYS, THE 15 kt TNT ATOMIC BOMBSHELLS. THE DEVASTATION INTENSITY IS 8,3692013390722142515542802486848 kg OF TNT PER SQUAREMETER IN DIAMETER, JUST A 30% OF MICHAEL, BUT IN STORMCORE AROUND 150 KM OF THE EYE CAN REACH 20 kg OF TNT PER SQUAREMETER.
The ARCI share reversal can happen up to $7-$8 limit, TA shows You the future, WE ALL ARE LIVING ON THE EDGE OF FUTURE, WHO KNOWS THE FUTURE CAN´T BE DEFEATED!

[ClayTrader]

* * $ARCI Video Chart 08-29-2019 * *

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

[againstallodds]

Look what’s happening to this pump:

[TheFinalCD]

sure,,,,,,,,,,,,,its on the Interpol website

[Principian]

Well would you look at that tiny detail of drawing on some Debt. $1 Million out of $2.5. No mention as to the terms.

Did I call it or what???

[againstallodds]

What about market manipulation...any clearer? LOL

[stock1ace1]

But you stated “illegal sideways trading” ? Im not sure that is a thing lmfao

[againstallodds]

ARCI financials are shitty

Nothing justifies this share price

Pump and dumps are common, and artificial volume between orchestrated parties is part of the tools used by pumpers to get price up (off market time is preferred so they are sure to trade among themselves) before DUMPING to newcomers lured in

Artificial volume

Buyers beware, dump ahead