Wrap Technologies Inc (WRAP)

[Hulk Hogan is God]

Ok ok I bought a tiny taste back just in case

[Teliz2009]

Well…… at least you didn’t get anyone pregnant.

[Hulk Hogan is God]

“For whatever reason”….

Yeah, that’s exactly what I’m talking about…

[Hulk Hogan is God]

Investing in this wisely would be based off of a continued growth pattern, which they don’t have dropping 25% from 22 to 23.

AND they have delayed repeatedly earnings? That’s cause someone screwed the pooch!

Poorly managed companies don’t grow, they shrink 25% from year to year :)

[Teliz2009]

Orders for over $10M came in for 2023. For whatever reason that $4.9M for Q4 isn’t going to be recognized yet.

[Hulk Hogan is God]

Why? Cause it went up ten cents? 25% less revenue than prior year is all I need to know. Not climbing, sinking.

[Teliz2009]

Time to get back in the ring.

[Hulk Hogan is God]

I’m out bay bay. I’ll of course keep an eye peeled, but this delay on top of delay on top of delay on top of making LESS MONEY in 2023 than 2022? Yikes.

[Teliz2009]

I can’t believe you’re retiring from the ring.

[Teliz2009]

And 2021

[Hulk Hogan is God]

They anticipate 6.1million in revenue??? That’s almost a 20% DROP from 2022!!!

I’m out, selling now.

[Teliz2009]

Today’s announcement has left me almost speechless.

[Hulk Hogan is God]

Even I can admit when something I’ve learned into is screwing the pooch behind the scenes.

[Teliz2009]

Their biggest advocate throwing in the towel?

[Hulk Hogan is God]

If they miss the 16th I’m bailing, incompetence ain’t something I wanna have money in.

[Hulk Hogan is God]

Then the convertibles will stop cause they can’t sell em for a profit anymore?

[Teliz2009]

They filed FORM 12b-25 (NT-10k) April 1. Said the company currently anticipates that it will file the Annual Report on or before April 16, 2024……… we shall see.

[Hulk Hogan is God]

$1.50 next week

[Hulk Hogan is God]

Aren’t they past the time allotted to report a 10k? Aren’t they supposed to file a notice of delay? What the hell WRAP, who is running the show up there?

[Teliz2009]

The fat lady is warming up.

[Teliz2009]

And Scot Cohen AKA Executive Chairman, CEO, Principal Executive Officer, Interim Principal Financial Officer and Principal Accounting Officer owns a boatload.

[Hulk Hogan is God]

Wasn’t it like $1.40 or something they sold all those convertibles at?

[Hulk Hogan is God]

I’ve got this feeling this thing about to dive into the 1’s

[Hulk Hogan is God]

So earnings are late, they have gone silent, NOT a good look for the Bolawrap boys

[Teliz2009]

More like a small foot flutter

[Hulk Hogan is God]

Kick out!

[Teliz2009]

Fired the CFO. CEO is interviewed and says they’ll be setting an earnings date within 2 weeks. A month later they set earnings for Q4 only on a Thursday after the bell before a Friday Holiday……and then the Monday before Q4 earnings they call the whole thing off and give it the old we’ll get back to ya. LOL

[Hulk Hogan is God]

REschedule earnings? Jesus what a self oops.

[Teliz2009]

2 1/2!

[Teliz2009]

Definitely not for the faint of heart

[Hulk Hogan is God]

It’ll kick out. In the meantime I’ll use this opportunity to build a nice pile for the inevitable run

[Teliz2009]

TWO!

[Teliz2009]

Headed in! May 2024 $4 calls.

[Teliz2009]

ONE!!

[Teliz2009]

Shoulders to the mat and the referee has started the count.

[Hulk Hogan is God]

Goes any lower I’m adding to the pile.

[Teliz2009]

Agreed. Company and products are still pretty much unknown to the investing public. Looks like the they’re really starting to get some traction. Feel like they’re finally at a pivot point.

[Hulk Hogan is God]

Lol no kidding :)

I ain’t going nowhere right now, those earnings tempt me…

[Teliz2009]

Look what you’ve done. 😂

[Teliz2009]

CEO really killed the momentum with the setting of the earnings date.

[Hulk Hogan is God]

What are you thinking now? You’ve called it right going up and going down. A+

[Hulk Hogan is God]

Left at $4 to play crypto, back in at 3.20 this AM

[Dwcast111]

Wow I thought this was headed to $5+… something fishy going on here. During IR is never a good sign. Still haven’t filed?

[pack10]

This is what makes this product valuable to police.

In 2023, when they made their initial purchase, Detroit, the most populous city in Michigan, joined more than 1,000 agencies across the US and 60 countries around the world who have adopted Wrap Technologies’ solution and its “no-harm” guiding principle. Wrap Technologies’ BolaWrap® is a proprietary technology that allows officers to safely restrain individuals without causing significant harm or escalating the situation. By deploying a lightweight Kevlar® tether, BolaWrap® can rapidly and temporarily immobilize an individual’s legs or arms, effectively allowing officers to move in while minimizing the potential for injury to both officers and the individual involved.

The Detroit Police Department joins a host of other forces who are seeking out new tools and training to better manage the rising instances of calls relating to mental health issues — and an evolution of policing tactics. The establishment of a CIT, like the one Detroit has pioneered, cannot come soon enough. In the U.S., 50% of all fatal police encounters involve somebody suffering from a mental illness, and those suffering from a mental illness are 16 times more likely to be killed in a fatal encounter with police.

[x993231]

Detroit now, nice.

X

[Teliz2009]

They are not delinquent. If they were delinquent they’d have filed a notice. However, their cadence is definitely off. They fired the IR firm and now questions go unanswered. CEO was interviewed on 02/07 and said they’d announce the date within 2 weeks and here we are. It’s not like there’s that many moving parts.

[x993231]

Books close 12/31/23 here, don't they have 90 days ?

Please correct me if I'm wrong.

Thanks.

X

[Teliz2009]

The silence with regards to a Q4 2023 earnings date is problematic

[Teliz2009]

Anyone ever try and get any type of response from investor relations?

[Hulk Hogan is God]

You’re killing it on this play so far…