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When we get details of this merger, this will run hard.
I'm expecting minimum .005-.01
Trust me when I sell a stock I am gone. I move on. It isn't like this is any kind of scam company acquiring RMRK so all that gets taken out of it. If anything I will congratulate those that held and did not sell like I would.
No volume today. I take that as good thing at this point. No buyers OR sellers.
I know what your saying. I just look at valuation and if RMRK ever hit a penny I would sell in a heartbeat. Why? Because it would be around a $200 million valuation at that price. Maybe Crypto will grow to that size or bigger but for now I can't justify that price tag especially at this early stage of the company.
Lol..Was hearing the Same on the DOL* Board from a Peep that had 10 Mill shares...back when it was coming Off the Ground..!!
That Peep sold all b4 hitting 0.01.....High there ran to 0.125...
fwiw
Holding My RMRK.....Way Early here yet.....Had not really started..!!
imo
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Twitter poll!
$RMRK When do you think Reverse Merger details and News will occur? Please #Retweet and #like!
— Fibonacci_Doge (@PennyMuscle) October 9, 2017
ok dss is a solid conservative estimate ...
0.005 gives a Mc of 10 mii dollars ....
that would be a start...
Till we have more details about how this all plays out, any speculation is just that.
I will say, that there is a lot of promising DD linked on the page, and it seems like it is going ahead.
There are a few possible scenarios on how a merger could be implemented, and based on the value of CR, any possible share restructuring/if any is going to be positive for holders of RMRK.
With CR investors holding shares at $2 (per a recent CR PR), we can all do our personal calculations about the possibilities
As you say, it will go up from here, but till we have the details we just have to practice patience and consider the calculated possibilities.
I am not entirely sure what you are asking but I will try to answer. The short answer is they have to. RMRK is a defunct shell company with no alternative other than to hope that a company wants their shell. I am not saying there will not be a profit for RMRK shareholders. There certainly will be! 400-500% and maybe more? I just believe that there really will be a reverse merger share transaction. It really is not a negative to state such an expectation.
I am playing this the same way I played FRHC (formerly BMBM). That stock went from $0.01 to $0.07-$0.08 just prior to the merger transaction where the price is now sitting at about $2.00 (roughly $0.08 pre-merger). It was all based on what the value of the company was going to be at the end of the transaction.
I still see a run in store for RMRK once the details of the transaction emerge, but I just don't seem as optimistic as some. I see it anywhere from $0.003 - $0.005 which is still 400-500% from where we are. That's me and my prediction take it for what it is worth. If it goes higher then I will be happy that I was wrong.
And why would RMRK do this with CRCW if there is not a profit to be made??
Plenty of ICO's started in the pennies and sub pennies, Bitcoin for one! I think it's a fair assumption that CRCW bought RMRK for a reason. It is also a fair assumption that they plan on putting assets into it. All the rest of your statements fall into the "what is the worst that could happen" category. In the market place often you have to play the odds as all facts are not known. It is the risk/reward here that makes RMRK so attractive. If events do play out the way in which they appear to be. There is easily a chance @ 1000%+ profits here. What happens if it goes lower? A 20% loss. I'll take those odds any day!
2 cent is my goal.
for me not utopian ....
but if a RS comes I see it left ....
important the RM is executed ...
then we will go up anyway ....
whether with RS or without ....
2 cent is equivalent to a Mc of $ 40 million
Let's say hypothetically that what you say is an accurate exchange 1:25. Would the share price change when doing this? If the share price is $5.00, would that be the price after the 1:25?
I am not saying liquidity is not important but they certainly don't need 1.99 billion of it. 500 million would certainly provide enough liquidity. What company ever wanted to ICO in the pennies?
Going current will give a small price increase but not much. It only support what we already know which is RMRK being targeted for acquisition. It still would be considered a shell company for all intents and purposes until CRCW completes the transaction. It would give us an updated share count as I don't know how current the 1.990 billion figure is.
Here is the big picture: There is no value in RMRK until CRCW determines the value. Without the CRCW transaction, RMRK has nothing and will never be anything. If CRCW acquires RMRK and does not transfer any assets to the company then it still remains a shell with little value.
As a CRCW investor if I invested a great deal of money into CRCW I would want to preserve my investment and keep a reasonable percentage of ownership. If I were Michael Poutre or any other officer of the company I would to own a stock that trades in dollars and not cents. Plus if they own a great majority of the shares they will need to figure out how transfer that ownership into RMRK.
I don't think they are buying RMRK outright as that would leave them with little precious capital. That really only leaves a share exchange transaction.
Take a look at another stock that performed this type of transaction. FRHC (formerly BMBM). After the transaction the CEO Timur Turlov owns like 90%+ of the float. Talk about liquidity there are precious few shares available after that transaction (1:25).
That seems completely off base. Especially if they use RMRK to conduct its' own ICO (which is what I am anticipating). Liquidity is key here, and with RMRK they have it. Irregardless it's all speculation until we have some filings, or a least a PR. All we do know is that CRCW acquired RMRK for an important pupose, whatever that may be, only time will tell.
Next on the calendar is getting current, when that occurs we double.
When the plans are announced, we will rise accordingly
I'd like to see us in the .02 range in the near term.
...So you can bid sit if you want, or purchase more. Not sure what your point is? 5M is a decent starter position at least.
They are going to want a different share structure for the new company. No reason for them to keep where it is now and have a share price in the pennies or lower. They are in the start-up stage so there will not be any share buyback any time soon. They don't even really make all that much money yet so holding on to capital at this point is critical.
I have 5 million already
More of chance it will bounce up than go down any further. You may lose your buying opportunity if wait too long. .0006-.0009 here is a steal! Soon RMRK will be reaching much higher prices. RMRK getting current, and soon!
I sure hope it hits .0002 or why not .0001... i am waiting
5z haven't even hit today!!!! Good luck get in Cheap!!!
RMRK
Good luck bid sitting!!
RMRK
I own 5 million already
Haha you are cracking me up!!! I get the market maker sets the price but they will ultimately go where the trader is willing to buy or sell!!!
RMRK
If .0005s don't hold. Going to .0002s
I don't think they will RS. Just my opinion though
RMRK
If RMRK does a 100:1 reverse split in anyones humble opinion where do you see the share price at? Or if there's not a 100:1 split would the share price be the same? I'm holding 389000 shares what scenario would be better or both?
Thank you Rocky for your analysis.....it is always comforting to see you in
the same investment as I'm in.....I have a similar opinion to yours
regarding RMRK's future, but I guess I just needed reassurance.
Yes and market makers are run by traders
Good morning V. I was so happy to see you here as well. I have no TA. I only have opinions based upon the main players and I do go a little into the industry group...which is going to have a new heading and I do not know what it is lol.
I think there are two very strong factors. One of course you know is the market cycle and were we are in the beginning of the third and final phase of this bull market run. The bond market selling off, albeit little by little, is going to be absolutely HEEEEUUUUUGGGGEEE for small cap and micro cap stocks in the next two years as money will be FORCED into areas that have been neglected for so long stock market wise. Just this occurrence alone is enough to say that if RMRK can get their sails hoisted they will catch a nice southern wind. This bond top is going to FLOOD the stock market with cash as it already is and is proved out by the rise in the market.
The second very strong factor is that the top three crypto coins and many others are beginning to take hold in a serious way. I think I heard that less than one percent of humans understand or are holders of a crypto currency. But, a higher percent of humans are beginning to be part of a blockchain whether they realize it or not. This infiltration into human lives is hopefully the goal of RMRK. If so, RMRK will be a huge winner in the years to come, that is, if they fly right, do not dilute the shareholders in any way and do as they say they are going to do. This space, the crypto/blockchain space is coming alive and will be an astounding space to be invested within. The simple inertia that is the crypto currency/blockchain space should propel RMRK to higher levels without much effort. The space is getting richer and richer by the second and the management at RMRK better have their hats turned upside down to catch some of that.
Reverse Split? Not worried at all. Even if they do a RS I will be fine but think about it. Lets say you own a million shares and they do a 100 to 1 RS. You are still holding a thousand shares and if the ticker flies off the charts JUST LIKE THE WORTHLESS MJ stocks did, you will be a millionaire for your trust in RMRK at the beginning. If the MJ stocks can go from .0003 up to 90.00 like some of them did in just a year or so then RMRK will BLOW THEM AWAY as the longevity in RMRK is/can be unmatched by MJ stocks.
Peace
It will go. Market makers run the show, not traders
It doesn't "have to" it's just traders WANT it to go there.....
RMRK
Has to go down to see if .0005s hold
RMRK, another week closer to a major mover!
RMRK looks like a very promising play ~
Yes, shouldn't be much longer for the financials to get current. We are talking about a empty shell that has done nothing for the last two years so pretty cut and dry as far as numbers are concerned. Just need to hire a accounting firm to do it and have the lawyers review it (that part usually takes the longest).
That's what cracks me up about companies that file late notices. They could really get it done on time but they chose not to because of the negative information contained in them and they rather delay as long as possible to keep the stock price up. I look at RMRK past and every quarter looks like a NT-10Q filed but now when Jordan smells money jumps at the chance to get current in 4-8 weeks! LOL
I emailed RMRK (Jordan starkman) he had replied that they are going current and it will be 1-2 months that was about 2-3 weeks ago
RMRK
Where do you see that?
Big boom coming once RMRK is current!!
RMRK
I appreciate your DD here, but lets keep it real. "ultimate" used in this context only means "end result". Don't go all comic book super hero on us. The money is here for investors with the foresight and experience to see it. No need for the extra flash. lol.
A definite possibility for RMRK....whatever is going on here is gonna
be huge, and accumulating at current levels is a "no-brainer" IMO.
Diggnun,as i posted both scenarios will make from RMRK a big winner !
whether a full R/M or a move of certain assets here are both going to turn RMRK into a big winner !
the CRYPTO management team has a good track record with taking companies from zero ground to big levels
There are a Lot of Big Names involved with The Crypto Company
being acquired by a company with a First class management on it is something to keep an eye on $$$ %%%
it can only be HUGE PLANS for RMRK especially as it is qualified as "the Ultimate Acquisition of Rimrock " $$$
Rafe Furst Cofounder of Crowdfund
Beginning in Silicon Valley in the mid 1990s, Rafe has founded, invested in and advised dozens of startups, including Internet Sports Network, Expert Insight, Full Tilt Poker and Crowdfunder. Along the way, he's won multiple awards for video production and cancer prevention, and raised millions of dollars for charitable causes.
While at Crowdfunder, Rafe created and managed the first-ever index fund for early stage venture capital. His other fintech innovations include the Personal Investment Contract and various Invest-it-Forward vehicles.
Rafe is currently the Chief Investment Officer at The Crypto Company, the first publicly trading company dedicated entirely to cryptocurrencies and the blockchain as an emerging investable asset class.
https://www.rafefurst.com/bio
To date, Rafe's companies have generated over $1 Billion in revenue and $450 Million in liquidity to stakeholders.
James Gilbert Cofounder of Spring Me and Jump On It
Spring Me was acquired by Nasdaq IAC (trading at $105.31)
https://www.linkedin.com/in/jamesgilbert76/
https://www.crunchbase.com/organization/spring-me#/entity
https://delimiter.com.au/2010/09/10/jump-on-it-makes-founders-overnight-millionaires/
Also Interesting is James Gilbert and Rafe Fursts other new Comapny "Economic Space Agency", who has an ICO Coming this fall.
http://economicspace.agency/
Ron Levy
Entrepreneur. CEO & Co-Founder of MyRoll (acquired by AVG)
https://il.linkedin.com/in/ronlevy
i believe some big plans are for RMRK as it is qualified in the 10 Q as "the ULTIMATE Acquisition of RMRK " !
why using the word Ultimate if it was not for something Important in their plans ?
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