Mobiquity Technologies Inc (MOBQ)

[thumper1]

good luck to you..

[ThenameisnotBond]

I’m in just now at .0649.

[zalicuslicious]

I think some entity is setting this up to make a killing....but who knows...someone wants out bad-every decent bid gets taken out in milliseconds. I do know that the company is doing well, though!

[thumper1]

you just could be wright

[thenewmixer]

thats what happen to fake companies

[thumper1]

relentless...more selling pressure

[thumper1]

yup. go figure....cant

[zalicuslicious]

more strange sh*t today!

[zalicuslicious]

What a SH*T show...

[zalicuslicious]

Someone with a lot of shares wants out....they just filed an insider buy/sell 2 days ago....IDK what it means. Very frustrating right now.

[thumper1]

mobq...taking another dive.
too much selling

[thenewmixer]

This is pos again is this a real company?

[zalicuslicious]

I don't think you can get hurt in the 7's. I got some today at .0715. We're similar in our thinking!

Another risky one is VTGN....but I think it moves big within 12 months. A good one to play.

[thumper1]

i agree on manipulation and also a good year.

Thanks for taug....will look into it.

fwiw: i bot some more at .072...
take care

[zalicuslicious]

I see this stock being heavily manipulated. I think when a seller decides to gets out, there is someone scooping up cheap shares to ensure that the stock doesn't tank. I think they will have a strong year. I bid for more at .0716 but stock moved up right after my bid. Check out TAUG.... a friend of mine knows the company well and thinks it may move soon. Lots of PR's lately....some good, others a bit fluffy. I'm bidding on that one as well.

[thumper1]

hey z, is MOBQ on sale today, or are we going lower?

[thenewmixer]

Im not sure if this is a real company

[zalicuslicious]

This looks like a lot of manipulation both ways...very suspect.

[zalicuslicious]

I think the next runner for me is TAUG....check it out!
Also like BASA.

[thumper1]

yes, she is, Zal. puts a smile on my face.

[zalicuslicious]

Mooooovin'

[zalicuslicious]

Looks like someone wants in! Most buys at ask and bids stacking....

[thumper1]

good volume this morning

[thumper1]

well im ready

[zalicuslicious]

This looks like it wants to run...

[zalicuslicious]

Great PR today...check out SOURCE DIGITAL website....very interesting company.

[thumper1]

beautiful, good for you.

best of luck.

[zalicuslicious]

I participated in a Private Placement with the company after a friend suggested that to me. My friend is closer to the company than I.

[thumper1]

no insight, just following with reading pr,s and documents.
all within the past year.

so yah some gambling i guess.

followed an ihuber who posted but took no action in buying.
i did after some dd.

and you?

[zalicuslicious]

Do you have any insight into the company or just gambling?

[thumper1]

very good Z, i bot at .074

[zalicuslicious]

Me too at .0701

[thumper1]

MOBQ on sale today, was a buyer.eom

[thenewmixer]

Can someone tell me if this is a real company or just a microcrap shell

[thenewmixer]

time for tax selling

[thenewmixer]

how low will it go

[thenewmixer]

AH BYE

[thenewmixer]

funny I though I seen a post about the nasdaq

[thenewmixer]

see-saw steady decline.......this is a joke

[zalicuslicious]

Pretty wild last few days here....talk about a see-saw!

[zalicuslicious]

Last Q was July 29, so it should be very soon! Should have been already.

[thumper1]

does anyone know when they report? tia

[thenewmixer]

still nothing to see here

[zalicuslicious]

Another good PR this am!

[zalicuslicious]

I'm still trying to figure out exactly what they do, but have followed their PRs and they seem to be doing all the right moves.

[tutter18]

Yes, I follow the Tech software stocks and through research and videos landed on a video of Dean Julia the CEO explaining the company and here I am.

[thenewmixer]

lets hope so......but a long why from meeting nas requirements

[zalicuslicious]

Guess you got this wrong...NAS UPLIST COMING!

[zalicuslicious]

Great news, but PRs like this in the past have done virtually nada to PPS. Of course, this is a good one. NASDAQ uplist would be very beneficial.

[tutter18]

Mobiquity Successfully Executes Recapitalization

PR Newswire PR NewswireSeptember 24, 2019
Enters Agreement to Retire $6.5 Million Note due to Advangelists

Resolution of Multiple Obligations Clears Path for Nasdaq Uplisting Application

NEW YORK, Sept. 24, 2019 /PRNewswire/ -- Mobiquity Technologies, Inc. (MOBQ), a leading provider in next generation advertising technology, announced a recapitalization of its common equity and additional financing, positioning the Company to accelerate its revenue growth. The complete details regarding these transactions have been filed in an 8-K dated September 19, 2019.

Mobiquity Technologies, Inc. OTCQB: MOBQ (PRNewsfoto/Mobiquity Technologies, Inc.)
Mobiquity Technologies, Inc. OTCQB: MOBQ (PRNewsfoto/Mobiquity Technologies, Inc.)
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On September 13, 2019, the Company entered into an agreement to retire an outstanding $6.5 million note due from the Company to Advangelists, LLC. The note was related to the Company's acquisition of Advangelists in December 2018. This acquisition has been the primary catalyst for Mobiquity's transformative revenue growth throughout 2019, and Advangelists is expected to drive significant anticipated future revenue growth. The Company retired the note in exchange for $1.5 million in cash and shares of Mobiquity stock.

Mobiquity amended and extended a multi-year employment agreement with Mr. Katyal, the CEO and co-founder of Advangelists, who will remain in an active executive role with the Company. The Company also amended and extended its employment agreement with Mr. Lokesh Mehta, co-founder and CTO of Advangelists, who developed Advangelists' technology together with Mr. Katyal. It is expected that these two executives will play a key role in future technology advancements and revenue generation.

The Company also entered into a transaction with GBT Technologies ("GTCH") and its primary financing partner, Glen Eagle Acquisitions, LLC ("Glen Eagle"). The Company agreed to unwind a previously executed partnership with GTCH by delivering a total of 200,000 shares of GTCH common stock in exchange for the return of 25 million shares of Mobiquity common stock. In addition, the Company's largest shareholder acquired a total 175 million shares from GTCH and Glen Eagle for cash and the forgiveness of a note.

Finally, the Company entered into a $2.3 million convertible note with its largest shareholder. The Company will use $1.5 million of this note to satisfy the cash component of the transaction with Advangelists. The remaining note proceeds will be used to enhance working capital and support organic growth. The Company believes the terms of this note are advantageous to the prevailing alternative sources of capital available in the market today.

"These three transactions have transformed our capital structure and vastly improved our financial strength," said Dean Julia, CEO of Mobiquity. "In a single day, we cleared our single largest liability; significantly improved our liquidity; and secured our most valuable asset and growth engine by completing our obligations related to the acquisition of Advangelists."

"We also resolved a complicated financial relationship with two of our legacy institutional shareholders," continued Mr. Julia. "The prior intercompany ownership nature of the relationship was identified as a potential complication to my desire to file a listing application with Nasdaq and the agreement substantially clears our path towards Nasdaq."