[Hulk Hogan is God]

That letter made Kevin another $10,000 for his summer vacation!

Easy peasy lemon squeezy!

[Hulk Hogan is God]

June 21 - WRAP issues “shareholder letter”- The PUMP

June 24 - Director Kevin Mullins sells shares after pps temporarily rises from pump - The DUMP

Blatant obvious shady stuff there. Frank Curzio should do better homework, the guy is losing whatever little bit he had lol.

Meanwhile…..

[Hulk Hogan is God]

Kevin Mullins sold AFTER WRAP pumped it with his shareholder letter. LOL!


What a shady shady little tree this thing is turning out to be!


For real! He wrote the letter to pump it, then SOLD stock after his pump?

Isn’t that criminal?

Maybe HE needs to be Bolawrapped and brought into the station.

Wait, he’d just walk through it (See Seattle and LAPD stating ineffectiveness), Nevermind.

[Hulk Hogan is God]

HE sold at $2.10, smart guy pocketing some cash before it plummeted again :)

See?

The boss can’t report 2023 earnings but he CAN sell his stock?

What a crap show this thing is.

[Hulk Hogan is God]

“Director Kevin W. Mullins sold 12,730 shares of the stock in a transaction on Monday, June 24th. The stock was sold at an average price of $2.10, for a total transaction of $26,733.00.”

[Hulk Hogan is God]

Honestly who doesn’t enjoy tracking stocks doing shady stuff? So interesting!

2023 earnings STILL unreported. It must be BAD BAD BAD to still be under the covers as those convertibles convert!

[Hulk Hogan is God]

Frank made me :)

[Teliz2009]

And yet here you are

[Hulk Hogan is God]

Last time this company was transparent about finances was the period ending Sept 2023? LOL!

They pulled the curtain, sold the convertibles, ignored the delisting, forced the resignations, and kept praying police departments wouldn’t notice they use the thing twice a year? LOL!

[Hulk Hogan is God]

My apologies, got confused when saw it linked elsewhere.

[Teliz2009]

Same thing you posted on 06/28

[Hulk Hogan is God]

https://www.bridgedetroit.com/why-is-the-detroit-police-department-using-lasso-like-restraints/

[IBB-99]

Wrap Technologies Highlights Successful Adoption of BolaWrap by Loveland Police Department

[Hulk Hogan is God]

Only reason I know about Bola is a Frank Curzio subscription I dropped a couple years ago after he stopped out this very stock.

I’m almost tempted to buy a subscription again to see what he told his folks to buy at.

If he’s mentioning it on Twitter he’s a nervous boy about stopping out of it twice imo.

[Hulk Hogan is God]

Of course I’m triggered! This company that super guru Frank Curzio loves hasn’t issued 2023 financials!

At least Detroit fired it three times last year. Add those reload rounds to the sales report!

[Teliz2009]

You seem triggered today

[Hulk Hogan is God]

Did they ever give a single shred of detail about their “largest order in company history”? Or was that just hot air they spewed while ignoring the financials?

[Teliz2009]

Definitely not a glowing report. However, any expansion is good expansion

[Hulk Hogan is God]

Go Detroit!!!

https://www.freep.com/story/news/local/michigan/detroit/2024/06/28/why-is-detroit-police-using-lasso-like-bolawrap-restraints/74238225007/

[Hulk Hogan is God]

That must have been a shocker to the group that bought the convertibles last June.

“Wait, they haven’t reported Q4?”

“Um, they haven’t reported 2023 yet”

“Wow, they REALLY don’t give a crap about finances.”

“Uh, the auditor resigned?”

“More resignations?”

“What is the pps today? Is it over $1.45?”

[Hulk Hogan is God]

If the company you had bought convertibles in at $1.45 hadn’t filled financials and was being threatened to be removed from NASDAQ I’d sell at any price I could that would keep me from taking a loss on a bad investment :)

Brother. Always here for a reality check :)

[Teliz2009]

Again…… absolutely no reason to convert at these prices. I could explain it to you but I can’t understand it for ya.

[Hulk Hogan is God]

As it continues to fail (honestly WHAT has been said/shown/explained to explain their utter buffoonery with finances), as more major urban cities like LA and Seattle report ineffectiveness and drop it, as months pass after their letter stating they’ve “clearly been on the wrong path” and nothing happens, when they lose NASDAQ and go to the pink sheets?

Um, DOWN.

Set your stops CLOSE brothers :)

[Hulk Hogan is God]

I’ll explain. First see this. It shows WRAP selling the convertibles at $1.45 with six months till they can convert. Of course that was a year ago, they’ve been converting all over the place :) (see pps crash from $4 down)

https://wrap.com/media/wrap-technologies-inc-announces-the-closing-of-a-10-million-offering-to-fuel-growth/

When the pps is under $1.45 why would anyone convert? You’d lose money.

WRAP wants that pps over $1.45 for their investors. Not US mind you, the REAL investors who bought those convertibles.


That shareholder letter that said NOTHING real? Pump that pps over $1.45 for gods sake! LOL! Pump it before we go pink!!!

[Teliz2009]

Pretty sure you don’t understand how the Convertible preferred works. Absolutely no reason to convert at these prices

[Hulk Hogan is God]

NASDAQ Compliance: On June 17, 2024, we submitted a comprehensive compliance plan to the NASDAQ Listing Qualifications Department. While there is no guarantee of acceptance, we are hopeful that NASDAQ will grant us sufficient time to complete our 10-K for 2023 and the 10-Q for the first quarter ended March 31, 2024.


Notice….NO date of WHEN anything will be done. They are “hopeful” lol.

Know what they are REALLY hoping for? That their convertibles keep getting cashed in over $1.45 :)

[Hulk Hogan is God]

Just keep your stops close boys….

[Hulk Hogan is God]

I DARE these guys to throw us ANY piece of substantiative news!

Such as:

Filing Q4 2023
or
Filing 2023 annual
or
Filing Q1 2024
or
Removing delisting notification
or
Giving actual DETAILS rather than “largest order ever!”/“EXCITING new distributor”.
or
Showing us major urban markets DON’T think it is a waste of money (LAPD and Seattle went WRONG WAY)



They can keep their vague generalizations, their shareholder letters, and their $1.45 convertibles.

Show us something REAL other than people resigning and the company failing.

Please.

[Hulk Hogan is God]

I’ll give you an example ok? Here’s a quote from the article

“Wrap Technologies will need to continue to execute on its growth strategy and maintain a strong liquidity position to overcome these challenges and achieve profitability”



Wait, didn’t the shareholder letter say they had been CLEARLY on the wrong path?

Its “Growth strategy” was CRAP! I’m telling you dude, this company is being run by people with no clue how the money side works :)

[Teliz2009]

Yep - a restraining order is needed.

[Hulk Hogan is God]

This article mentions NOTHING about the fact that they failed to report earnings, received delisting notifications, had company personnel including auditor resign…..etc etc etc

It’s a company description from a year ago LOL! Nice find!

[Hulk Hogan is God]

Frank has lost folks tons of money on this before! He had folks buying in WAY up there a couple years ago, 35% loss and he stopped the position out.

Now he’s back pushing it as one of his cheapo portfolio picks again you say?

[Teliz2009]

Frank does not agree with you

https://x.com/FrankCurzio/status/1805228148541338059

[Teliz2009]

https://beyondspx.com/2024/06/24/wrap-technologies-inc-nasdaqwrap-poised-for-growth-as-demand-for-de-escalation-solutions-surges/

[Teliz2009]

I think she’s gonna need a restraining order. You just can’t stay away.

[Hulk Hogan is God]

From the “letter”:

“It became apparent that we were clearly on the wrong path and our recent auditing endeavors provided us with crucial insights, prompting a strategic pivot.”

Directly from the mouths of babes!

They were CLEARLY on the wrong path?

Auditing “endeavors”?

This is the same guy who wrote the PR about the “exciting” new distributor!


And they are gonna get it right THIS TIME?

Why? Because it’s July and they haven’t reported 2023 yet?

Because big cities are dropping this?

Because NOW they’ve suddenly learned?

ROTFLMAO!!!!!

[Hulk Hogan is God]

For YEARS this company told us things were great.

And then?

Wheels fell right off. Reality of failed device with incompetent management trying to shovel convertibles through a proven failed product.

It’s about to be JULY and they still haven’t reported Q4 2023????

That’s a broken ship trying to sell convertibles brother. :)

[Hulk Hogan is God]

SHADY companies hide their numbers.

SHADY companies get delisting notifications.

SHADY companies have all kinds of folks resigning from it.

SHADY companies push devices that don’t really work (See LAPD and Seattle).

SHADY companies write “letters” to their shareholders rather than actually do business. They have CONVERTIBLES to redeem at $1.45 and “letters” are the cheapest pump PR out there.



Hey wait a minute, this is Bolawrap!!!!

LOL!

[Hulk Hogan is God]

I agree! And yet, I can’t look away as I roll the crap dice trying to hop into pumps like their ‘shareholder letter’!

I’m calling it the ‘Dear John’ pump!

[Teliz2009]

With a review like that you should be out of the stock. The case you layout is one of complete failure.

[Hulk Hogan is God]

“The company itself has prepared for the device’s limitations: In cases where the rope doesn’t successfully attach, Wrap claims that even just the “shock factor” of deployment — the device shoots a green laser, makes a loud bang, and emits a puff of smoke — can assist with de-escalation by confusing a person long enough for officers to make an arrest.”


LOL it’s a glorified noisemaker, THAT’S why LAPD and Seattle said ‘no thanks’ imo

[Hulk Hogan is God]

“The Seattle Police Department also began testing out the BolaWrap in 2021, and reported using it only three times before discontinuing its use in 2023.”

[Hulk Hogan is God]

“The Los Angeles Police Department approved use of the lasso device in 2019 and began using about 200 devices in early 2020. In its six-month trial, however, the department only used the tool nine times, and requested an extension of the pilot. In the following six months, LAPD activated a BolaWrap was just once.

Eight of the 10 uses in the first year of use were considered “not effective,” according to LAPD, often because the tether failed to wrap completely around the subject.”

[Hulk Hogan is God]

I know, I was prepared like you to laugh at liberal propaganda. But I checked, it’s the actual demo footage. You CAN’T tell me it looked effective. How I wanted to see the suspect all dazed and confused but alas.

Repeatedly, the person just keeps on walking. Slightly slower I suppose. But NOT the tool I envisioned in Batman comics lol.

Bolawrap is kinda like the imitation bat grabber they sell to the kids in Gotham at Halloween.

Optics of that footage are crap, and it went to millions of viewers who ridiculed it with a corresponding plummet in pps.

Ignoring is ignorance. And that’s ok. You are strong enough and people like you.

[Teliz2009]

John Oliver? lol!!

[Hulk Hogan is God]

Read this, it’ll explain

https://www.thestranger.com/cops/2024/04/29/79487000/the-rise-and-fall-of-the-bolawrap

Basically this major urban police dept tried and said it sucked. Same with LAPD.

See that footage from John Oliver? People walk right through Bolawrap deployments. Can’t say liberal blah blah when the video shows the truth, just ask Puffy. Makes officers actually LESS safe as they get reduced response time as they grab