TowerStream Corp. (TWER)

[Run1468]

Wonder if I will ever get $ back... too risky to average down.

[Doubledown22]

It’s small until new CEO and Board decide to dilute the shart out of us again to keep the lights and heat on.

It’s hard for them to wean off of the easy money ATM Dilution button.

We’ll see how long it takes for a new round of toxic, destructive financing to be announced on the backs of shareholders.

All IMO but Erickson loves some share selling.

DD22

[Run1468]

Has anyone researched the float here... incredibly small. If it ever has volume it will fly.

[Doubledown22]

Come on $TWER! You can do better than this as a company.

DD22

[Doubledown22]

Yesterday was the insider dump IMO....we will see a Form 4 soon from someone inside getting some Christmas spending $$ while the stock is still in the .03zz.

$TWER = corporate ATM for our company “leadership”.

DD22

[Doubledown22]

Well I guess I got my answer on what the Financial filings would do to the stock. Drive the pps further into the shitter that has become this dog...even after the Reverse Split that crushed pre-split shareholders.

Shameful TWER!!!

DD22

[Doubledown22]

News
http://ir.towerstream.com/releasedetail.cfm?ReleaseID=1048656

Hopefully this will mean a rise in pps and management won't dilute/sell into any subsequent rally. The way this crazy market acts we may drop 20% versus gain 20%. Let's hope for a GAIN.

All IMO,

DD22

[RJJ235]

Twer (TWERD) may not be good at raising SP or making money but at least they are good at making chili! - taken from their Twitter

[RJJ235]

Emailed TWER IR:


Thank you for being a valued shareholder of Towerstream. As I am sure you are aware, it is very difficult to answer your question(s) directly. I would like to point you to the Towerstream website where we have posted an investor deck to provide insight from management as to the company strategy.

Please know that we understand the importance of driving long term shareholder value on behalf of all of our shareholders.

Regards,

[Doubledown22]

They aren't thinking....their whole strategy is bourne on the backs of shareholders and they don't care.

It's like the BOD and company leadership's approach is they don't actually care about the company's operational or fiscal health except to produce enough capital to pay all their sorry azzes year over year.

Despicable.

DD22

[RJJ235]

I don't get it either. The 1-75 split did nothing but cause them to lose more value. They want to dilute $20mil but prospectus said they need NASDAQ listing first. They can't get listing with low market cap and shareholder equity. $20 million worth will get back down to 10-20 cents.

What are they thinking?

[Doubledown22]

Only catalyst I would expect is one to push us further down IMO as the company has to sell shares in order to keep the lights on apparently.

I still don't understand why they had to RS in such a destructive ratio 1:75 when their outstanding share structure was fairly small for a NYSE traded stock.

They care nothing about their shareholders......nothing.

DD22

[Run1468]

Not sure what to do here... any catalyst coming?

[Doubledown22]

$TWERD or should be $TURD??

DD22

[Doubledown22]

And based on the volume bursts of previous weeks some f@cking insiders were unloading pre-split so they wouldn't take the inevitable hit that the stock will take.

Hey $TWER way to screw over the people who supported your sorry, crook azz company.

SMFH,

DD22

[Doubledown22]

This BOD are steaming, heaping piles of Shit. Way to destroy current equity holders with a nice destructive RS and you know those A-Holes are going to turn right around and dilute the hell out of us with them selling new shares.

Wash, Rinse and Repeat as usual in the gutter of pinksheet world.

They apparently are all full of thieving crook bastards at the helm and make a point to run a revenue model dependent solely on fleecing shareholders.

FFS,

DD22

[Renee]

TWER: effective Sept. 29,2017 a one for 75 reverse split:

http://otce.finra.org/DLSymbolNameChanges

[Doubledown22]

Holy Mega Volume Batman!!! Where the hell are these shares coming from?? Insiders dumping??? BOD selling them out of the back of the $TWER share trailer to keep this afloat??

I guess we'll eventually find out from filings where they come from and I'd bet it's not a good thing for any of us common shareholders.

DD22

[Doubledown22]

Oh look, retard Ask Blocker is back in here today with over 400K shares parked there like a trading wet blanket.

I wish a whale would come in and destroy this Azz Clown since they are either a short or someone so motivated to exit they bypass their brain cells.

That is all. Lol

DD22

[Doubledown22]

Yeeesss. It came out like gangbusters this AM with average breaking volume in the first 30 minutes. That .11 is a tough resistance level to break and hold above for some reason.

Hopefully the shorts leave us alone and the $TWER pps organically continues to rise from here past .11, .12, $1.95...#goals

All IMO,

DD22

[Alyssa]

OK, just hit 11 cents and volume continues to be above average. Go TWER!

[tazinu]

Fake wall on ask I'm in

[Doubledown22]

That would be awesome but we now some azzhole cockblocking the Ask with a 509K share sell order. In one lump sum versus breaking up the amount into smaller lots to sell on the way up. Nice Full Retard mode for some traders and a great way to absolutely kill any run.

SMH FFS,

DD22

[Alyssa]

Happy day for TWER. So far up 27% on higher than usual volume. Maybe it's rocket time?

:)

[Doubledown22]

$TWER it sure would be nice to hold in the .08s from this point instead of the low volume 15% swings between the high 6zz to the mid 8zz.

The recent filing did nothing for the stock pps even after showing positive results.

SMH,

DD22

[Doubledown22]

FFS...$TWER back into the low .07zz on piss ant volume. It's always great to be reminded how easy it is to manipulate this pps downwards. Ridiculous how undervalued we are at this level. ??

All IMO,

DD22

[Craig305]

I have not done any real DD on this company yet. Was starting to look into it and then got distracted with some other plays.
It does seem to be getting attractive at this low SP, but would be nice to know the root cause of the fall.

I believe they have announced that some shares will be sold in an IPO. I don't know of the timeframe for this.

And another thing i have heard whispers of is the sale of assets in Miami. That has not happened yet and i don't know if the inaction of that has caused discontent among shareholders.

[Joecanada13]

Whats the deal here budd? Why crushded so bad?

[Alyssa]

Of course it's a gamble. I doubled my position today at 8 cents. 8 cents! Such a bargain, teeny float.

[RJJ235]

Definitely going to average down one more time. Look at market cap and revenues. Still going to sell Miami assets (CEO wants to because he's getting paid from it as well). Stock price doesnt make much sense at this level especially after recent changes and decreasing loss.

[DOLP123]

If this company is turning things around. The second quarter earnings report should illustrate the progress that is being made. I think it is a great time to purchase shares.

[Doubledown22]

This thing has turned into quite the POS for months now.

I'd recommend a big fat wait/hold on this to see if it goes to penny or even the trips the way this has acted recently.

DD22

[RJJ235]

There was a very large buy yesterday of 700K shares (which is around 4% of float) and yet we still go down today. Very interesting movement tied with mandated silence from company.

[stockwz]

Sounds like you have some understanding of the OTC market, relisting requirements etc. but it is obvious that you have not done enough DD on Towerstream. If you had done that kind of research, then you'd clearly understand the reason for the volume of shares being sold these days. More specifically, you'd know WHO exactly is selling these shares. Read the last 20 SEC filings and you'll know. I'm holding a significant number of shares in this company, and I'm not selling. I'm not going to lecture anyone here, or start sharing the DD that I've spent months on, but I can say 1 thing: if you don't take the time to do proper DD, you're gambling! And gamblers always loose to the house! Now, that's a clue for you right there! It might be the house (or the house boy, or a boy who worked in the house, or a boy who went to a house and bought some house, or is it a house or a bank, or a bank boy, wait is it a boy who went to a bank and bought some house ... hmmm .... I guess we'll never know before doing the DD) that is dumping shares in the market these days ... anyways, good luck to you all .. I'll see you on the other side ;)

[stupidRICHxASAP]

TWER great technology an a DEFINITE BUYOUT CANDIDATE $$$$$$$

[Doubledown22]

I believe the company knows the potential effects of a RS and their upcoming IPO. That's why I'm their S-1 and Prospectus they have the language that if they aren't successful in getting the offering pps to make the $4 minimum for NASDAQ they will in effect cancel the IPO. Best case is they can get the PPS up to and holding over $4 without having to execute a RS on existing holders. They just completed a RS last July so the share structure is minimal already IMO at just over 24 Million shares O/S.

If the offered double the current O/S for the IPO at $4, did a 2:1 RS on current holders, we would still only be under a 50 M O/S out of the 200 A/S. And have a market cap of a little under $200 Million at $4 pps. There are complete pos in the pink sheets carrying a MC above that with actually nothing to note for Book Value other than IP or some future event coming that speculators are pricing into the stock presently.

MGMT believes we are waaaay undervalued and I tend to agree with them.

DD22

[Craig305]

Issuing more shares creates dillution. More shares causes drop in share price.

Also reverse split always scares people. Although theoretically it does not change financial situation, ppl sell and then you will be in negative situation.

I find it best to buy after a rev. split for a bargain.

[Doubledown22]

Conducting an IPO and possibly a Reverse Split is how they plan on doing it. $4 is what I'm tracking a company's shares must reach and hold in order to be listed on the NASDAQ exchange.

But unfortunately the Market shit its pants today apparently over that S-1 filing. Whereas I would have thought it would have had the opposite effect and caused an excited buying spree.

TWER leadership isn't cancelling the shares we have and or wiping out our equity like a Bankruptcy Chapter 11 Plan of Reorganization can do to shareholders. So idk what the hell would be spooking current shareholders into this Massive dump today.

IMO it is clear as day what their strategy is as they explain it in the S-1 Filing. Sell shares through an IPO and reorganize share structure.

Companies do it this way all the time. I'm impressed with how quick they are moving to uplist to NASDAQ again.

[Craig305]

How are they going to uplist to NASDAQ? They need to be at $4.
People say $1, but if you read the requirements, it says $4.

[Doubledown22]

I don't understand why this isn't running hard based on the S-1 Registration Form filed yesterday. They are going to UPLIST TO NASDAQ again...the application has been completed and turned in already.

[Doubledown22]

Waiting on .10ss and playing a stinkbid in the .09ss just for kicks. Appears the monthly dumpathon is starting and gaining some strength going into the end of month.

Irrational pps, irrational technicals and irrational company apparently.

All IMO.....

DD22

[Alyssa]

Yes sir, slow and steady wins the race...

[Doubledown22]

Nice move today $TWER now we just need about 100 more days like this one and we'll be back on track...lol

One day at a time though.

DD22

[Doubledown22]

So our new CFO has stock options of 566,640 shares with a strike price of .18.

I would bet she holds for a much higher pps than that to exercise her options.

I feel like we really have good things coming in the future.

All IMO,

DD22

[Doubledown22]

If the CEO and new CFO can get the financials looking much better we may not have to execute that R/S that the BOD and shareholders approved at the recent shareholder meeting.

Here's to hoping that is the case. We have a really low O/S due to the R/S last July so I don't know how much lower they would want to take the A/S and O/S or if they would just completely restructure and put the whackadoo R/S on us.

DD22

[Doubledown22]

$TWER holding up fairly well since the Quarterly results were announced. Low, low volume today though.

DD22

[Doubledown22]

Nice consolidation today so far within the .16-.17 range. It would be nice to continue this throughout the rest of the day so a new thick level of support is developed in that range so we can use it as support range from which to attack the .20s

Good times,

DD22

[Run1468]

I like what I see, not a bad buy here. Volume will start to increase.

[Alyssa]

That would be awesome for sure. I am seeing a $2.00 1st price target at the Yahoo Finance site. I mean, the company has pretty consistent revenues of over $6 million per quarter and the loss per share has decreased very significantly. Seems to me things are starting to turn around for sure. Volume is rather pathetic, but that should change in the near future as things continue to improve and the word gets out.

https://finance.yahoo.com/quote/TWER?p=TWER

[Alyssa]

The company did a 1/20 reverse split in July, 2016, to maintain compliance with Nasdaq's minimum bid price, bringing the share count down to 4,517,000. Less than one year later, there are only 21,779,503 shares outstanding as of today, so there's your dilution. Very sad to see a low this year of .10 (unless you were a buyer!).

There are significant improvements in this latest report, and there have been other positive changes in management, so things are definitely looking UP! The market cap seems crazy-low to me.