Sure thing. Have a good weekend!
Thanks for keeping this board full of optimism and balance
Yea needs some attention for sure. I have faith though
Their shares are restricted. My guess is retail and MM's
Pickup 77K today. Looking for the .25
Also keep in mind some were issued in July, so the "one year" comment was well before this email
I reached out asking how the .25 price was chosen for the stock issuance this quarter and was pleased with the response. Of course take it with a grain of salt as it can change and is just forward looking:
Value of Expertise: The shares were issued to a consultant whose expertise and involvement we believe are extremely valuable. The pricing reflects our confidence in the unique skills and experience they bring to our company.
Future Value Projection: We priced the shares with an eye towards the expected value in a year, considering the anticipated contributions of the consultant. This projection is part of a strategic plan aimed at enhancing our business model and, subsequently, our stock's value.
Documenting Potential: By valuing the shares at $0.25, we are documenting our belief in the potential value of the consultant's contribution and the expected growth trajectory of our company. This is not just a reflection of the current market price but a forward-looking assessment. This is optimistic and shows our goal, not a promise, of course.
Please note, the statements in this email regarding future events and projections are forward-looking statements. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, market conditions, the consultant's performance, changes in the industry, and broader economic factors. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Sounds good. It seems like all part of the plan. Grow with incentive in the company. Building a company where everyone wins and is important to the the whole. Its nice to see its done responsibly and she cares about people building and people trusting there money and what she says as shareholders to her. A lot of good can be done on many different levels with the money that can come from whoever trusts this company. It seems to be the culture they want to grow. Its all about integrity, talent and inspiration and caring what you say is what you do.
I didnt ask about that, but ok the quarterly report 1M of them are listed as issued due to a consulting agreement, mostly to members of the new business development team announced in august
Thanks for keeping us in the loop. Ive gotten in contact with her before. Shes very good and responsive. I believe wants the same price up much like shareholders. Any info on the reason for the selling of the 1.5 mill since July not that is much at all.
I asked gor clarification on the equity loan and here's the response:
The equity loan is paid back at a percentage of revenue with a cap on return. It is the first investment we have received for our lab. No payback until revenue generation, not convertible to stock.
It's all common, no preferred
That doesn't sound too bad as long as none of it was convertible preferred
And most of it was issued at 25 cents a share
Actually I'm not sure they did. They issued stock, but it's restricted. They issued 1.5M shares since July and took an equity loan for 25k, which seems to be where the cash came from
How many shares did they sell?
Yea im not worried
we shall see. public companies are public for a reason. so as long as its responsible and not just crushing bids we will be ok
What makes you say that?
looks like company has started selling
we all know this business concept will need patience to unfold and reflect in revenues etc. And the CEO is dead serious about keeping the SS preserved, not taking toxic loans, and to only provide updates with substance. So it is kind of disappointing (and stupid) that some folks play the pps with tiny trades. The financials will be posted next.
But either way, nice activity today and nice chunks changing hands. Hopefully into stronger hands
I saw that too. Could it be an AON order and the lower bid was enough to fill it? Idk if it would skip the highest bid though
How do mms jump over bids and fill at a lower price even if the bid size is being shown