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They definitely improved matters, so it's a good thing, but these aren't operational profits generated from revenues. They had a negative cash flow of $1.4m from operations in 2021. That's something I look at to help me see what is really going on. Revenue will make the difference here, and I was glad to see Zach say Stageit should operate around breakeven or better soon. That's another positive.
On another note I've reached out to Zach about Soundstr and what the reason is for the lack of commercialization and await his reply.
This is insane. World of difference between 2020 and 2021 with news that this year will be even better and our stock goes down. Somebody must be pressing it down for some reason. Maybe it will cut loose after a couple of quarters with the Stageit added in. I think Stageit will bring in more than estimated.
This what was posted. Didn’t say when. I’m not a Reddit person so don’t know much about it. Any advertising on any site will help. Going to check that Rockhouse Live in Clearwater out in June. Maybe Zach will be there.
Great news again.
Vnue will be in reddit.
Wild action expected. Possible 10 mil ± profit this year. May pass even 15 Mil. To match revenue share price will be, I wouldn't mention. Experience tells me something that we are going beypnd prediction. With the musical Tech-Man here, who is visious , anxious and fired-up. Please guys, we people are tired ofbyour cries. This is not the only, one and only stock in the market and remember it is this in pink Sheet. I will be here with a few shares to buy toys fory Grands.
This what was posted. Didn’t say when. I’m not a Reddit person so don’t know much about it. Any advertising on any site will help. Going to check that Rockhouse Live in Clearwater out in June. Maybe Zach will be there.
Great news again.
Vnue will be in reddit.
Wild action expected. Possible 10 mil ± profit this year. May pass even 15 Mil. To match revenue share price will be, I wouldn't mention. Experience tells me something that we are going beypnd prediction. With the musical Tech-Man here, who is visious , anxious and fired-up. Please guys, we people are tired ofbyour cries. This is not the only, one and only stock in the market and remember it is this in pink Sheet. I will be here with a few shares to buy toys fory Grands.
Hello MeEd,
I am purposely not on social media sites so please tell us what you found on FB.
Thanks.
Why is any stock over or undervalued? The market hasn't caught up to the intrinsic valuation or MM's are keeping it low for a reason.
Then why is it at half a cent?
$VNUE should be trading at 5 cent minimum right now.
“ However, losses from operations mounted during the same period, rising to $984,839 for 2021 from the loss of $587,058 reported for the previous year.”
I can't believe that so many people get excited about tweets. This guy has been saying shit for years and nothing as come to fruition. But I guess I love you in tweet is more important than actual numbers.........
From Facebook:
Great news again.
Vnue will be in reddit.
Wild action expected. Possible 10 mil ± profit this year. May pass even 15 Mil. To match revenue share price will be, I wouldn't mention. Experience tells me something that we are going beypnd prediction. With the musical Tech-Man here, who is visious , anxious and fired-up. Please guys, we people are tired ofbyour cries. This is not the only, one and only stock in the market and remember it is this in pink Sheet. I will be here with a few shares to buy toys fory Grands.
nice update .. I want to believe..hopefully (still) the fog lifts soon.
He admitted the profit was merely accounting entries?
Nice writeup. Like the passion. There are catalysts coming. He's working and despite the drop he's winning. Will he hit a home run? Maybe. At least he is on the ballfield and swinging. Mist of these garbage OTC stocks don't own a bat
We’ll see, but thanks
True, hope it turns a corner now!
10-K leaves something to be desired
Smart move by a smart investor. Nice going.
Smart move by a smart investor. Nice going.
I picked up 500k at .0051 after selling more at .0061 earlier. I’m not sure what the new range will be. If it breaks below .005 again we may be in trouble and headed for a bigger drop. Hopefully it won’t do that
While at lunch I picked up another 500,000 shares at .0052
Thanks.
OTC in a nutshell. Even the ones who aren’t frauds eventually make themselves look like frauds and really, the ones who aren’t frauds? Maybe they just convinced you they weren’t a fraud but they actually were the whole time. How many OTC pink stocks ever impacted the world?
10K:
The chart tells the story -- tremendous excitement followed by a painful period of disappointment. It has yet to reverse, and at this point there is a lot of fog in the picture.
We are intentionally being left nearly clueless in terms of the status of the technology -- very hard to swallow that commercialization never happened and there is no clear path anymore.
Hopefully good things are happening that justifies this lack of communication.
Agreed.
This dumping reminds me of the sage advice of renowned investor, Jim Rogers,
when he said..
"When I see a pile of money sitting in the corner, I go and pick it up."
Well, I just successfully picked up 500,000 shares today as the low price of .0053.
Thank you very much!
We are finally showing revenue coming in and next report will have Stageit included. Got rid of a lot of debt. To dump your stock is losing you a great future payday. A lot of things are in the works for the positive.
About five minutes ago I placed an order to Buy 500,000 shares at .0053.
Bought most of it by now and the order is good for the entire day.
If you want to sell some stock, step up to the plate.
I'm Buying!
unless I'm just not seeing it, the language about the large revenue opportunities for Soundstr and Set.fm has been removed. Need some direction.
They now have a plan to onboard 100 artists over a 90 day period, so maybe we'll hear something about that.
Just a lot of blurriness right now
Nope, that didn't last
man this was a fast drop -- hopefully .005 holds
Are all the pumpers dumping? Where you all at? Shouldn't all the pumpers be buying right now? Chaka? Where you at? Come on guys.........Why are there over 5 million shares for sale at half a cent by retail?
Not falling for it anymore?
What's in your warehouse Zach? I know what...A bunch of dusty Soundstr 1.0 soon to be followed by a bunch of Soundstr 2.0's.
Why all the dumping after such an amazing news release? Zach, where you at?
.0061? I wish.
A couple more news releases and we'll be back in the trips and I can buy again.
Nice work Zach! Thanks
I would assume financing isn't going to come in at .0091 when the share price is .0061 -- either the price has to come up or they will change the fixed price to something lower, I'd guess. Hopefully the former.
Oh Oh. Looks like people are losing patience and are dumping shares. Millions upon millions.
More fluff news releases. Nothing supporting any progress.
Zach.......Shareholder value. Remember? OTCQB Zach.....Nasdaq.
Come on man. Another news release and more devaluation of the stock price. PLEASE release something that you can dilute behind so the price of the stock stops falling. You make 170,000 per year here at VNUE(Off the backs of shareholders). Earn it please.
$VNUE, INC ANNOUNCES 2021 YEAR END RESULTS
https://www.prnewswire.com/news-releases/vnue-inc-announces-2021-year-end-results-301526733.html
Posts profit of $2.9MM; reduces derivative liabilities and convertible debt
NEW YORK, April 18, 2022 /PRNewswire/ -- VNUE, Inc. (OTC: VNUE) today reported its results for the year ending December 31, 2021, and the company has made significant progress:
Revenue for the year ended December 31, 2021 was $100,476 compared to $22,474 for the year ended December 31, 2020
Loss from operations in 2021 was $(984,839), compared to a loss of $(587,058) in 2020
Reduced its derivative liability from $3,156,582 in 2020 to $-0- in 2021
Other income in 2021 was $3,905,221 in 2021, compared to other expense of $(3,966,719) in 2020
Net income was $2,920,382 in 2021 compared to a net loss of $(4,553,777) in 2020
Key Milestones Achieved in 2021
Reduced the total liabilities on the balance sheet from $8.4 million in 2020 to $3.3 million in 2021.
Reduced convertible debt from $2.0 million in 2020 to $650,000 in 2021.
Negotiated and executed on a new line of credit, on favorable terms enabling the company to eliminate its reliance on highly dilutive convertible notes.
As a result of additional financing on the credit line the Company was able to expand its R&D expenditure on the Sounstr technology, resulting in significant progress
Entered into an agreement with Stage It and closed the transaction in February, 2022.
Zach Bair, CEO & Chairman of VNUE, stated, "Despite the tremendous pressure on the music industry due to the onset of Covid-19, I'm pleased with the significant progress we made in 2021. We dramatically improved our balance sheet and reliance on convertible note financing, thus enabling us to consummate the acquisition of Stage It, and generate much needed liquidity for the Company."
Thats the good news but there is also other things me do not like :
We will need additional funds to complete further development of our business plan to achieve a sustainable level where ongoing operations can be funded out of revenues. We anticipate that we must raise $2,500,000 for our operations for the next 12 months, and $5,000,000 to fully implement our business plan to its fullest potential and achieve our growth plans. There is no assurance that any additional financing will be available or if available, on terms that will be acceptable to us.
Right, and the Stageit revs won't be seen till 1st Q of 2022 if I'm not mistaken
It is great in my eyes.
From the filing:
"Net Income (Loss)
As result of the foregoing, we recorded net income of $2,920,382 for the year ended December 31, 2021, compared with a net loss of $4,553,777 for the year ended December 31, 2020."
Here's wishing everyone a pleasant weekend. And, may Zach have some good news for us next week. Peace!
Hope so… looking pretty gnarly right now … dang, didn’t think we’d see these levels again
Gonna be a $hit day before 3 day weekend. I'm guessing we'll see 005 support and 20 RSI. Hard to believe this was just at 0.0138. But that's what the OTC and toxic financing is
They have the ability to announce some interesting partnerships with well known musicians who use Stageit to reach their fans.
So far crickets, but I suspect things are in the works. They didn't buy Stageit to let it just sit there.
Go to Stageit.com there is at least 8 shows a day.
Gotta have Patience.
We need to learn and embrace patience. Patience is a holy key that will unlock the door to a more fulfilling life. Behind the blessed door of patience are found better parents, powerful teachers, great businessmen, wise masters, and a more compassionate world.
Steve Maraboli
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As of September 26, 2023 • 2:41 PM ET
As of September 26, 2023 • 2:41 PM ET
DATE/TIME | SOURCE | NEWS RELEASE |
---|---|---|
05/22/2023 09:35 AM EDT | SeekingAlpha | VNUE GAAP EPS of $0.00, revenue of $389.9M |
08/22/2022 09:52 AM EDT | SeekingAlpha | VNUE reports 1H results |
04/18/2022 09:46 AM EDT | SeekingAlpha | VNUE reports FY results |
05/05/2021 09:49 AM EDT | SeekingAlpha | Triton Funds will invest upto $2M in VNUE |
03/19/2021 01:11 PM EDT | SeekingAlpha | VNUE renews license With DiscLive Network |
01/25/2021 03:56 PM EST | SeekingAlpha | VNUE receives equity interest in RockHouse Live |
01/14/2021 01:41 PM EST | SeekingAlpha | VNUE inks Soundstr deal with NEWHD Media |
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