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MMTLP shares question.
Page 23
"No trading market for our Common Stock is expected to develop.
There is presently no public market for our shares of Common Stock and our shares are not expected to become DTC eligible for electronic trading to third parties. There is no expectation that a trading market will develop or be sustained. Accordingly, you may have to hold the shares of Common Stock indefinitely." https://sec.report/Document/0001193125-22-238430/
I might have to hold them indefinitely. Can it be right? So I will have ownership in a private company that produces no revenue will have to be diluted and have no way out? Am I reading that correctly?
Page 5 says the same thing. WTF
"All of our outstanding shares of Common Stock are currently beneficially owned by Meta and our Common Stock is currently not listed for trading on any stock exchange or market and we have not sought to be traded on any exchange or market. The shares of Common Stock will not be eligible for electronic transfer through the Depository Trust Company or any other established clearing corporation. Accordingly, there currently is no public trading market for the Common Stock and there is no current expectation for a public market to develop." https://sec.report/Document/0001193125-22-238430/
That's right I do have an agenda. How many of those shorts did I get wrong in ten years of posting. Literally none. A quarter of the stocks I commented on don't even trade anymore. I don't think NLST is a zero and I make no short term prediction here but over the next months price will be lower and there will be a slow grind with fits and starts back below a buck over the next 18 months. I say that with 100% certainty even with the most favorable of outcomes vs Google. 100% chance. You of course will be long gone and never own it though.
Who do you think knows more? Management who is dumping shares and doing an offering on terrible terms or you, random internet poster?
On July 12th Netlist did a financing with the worst vulture fund Lincoln Park Capital.https://utopiacap.com/2020/03/17/lincoln-park-capital/
Lincoln Park Capital is not the place reputable businesses go to get cash. They have been involved in 43 financings of public OTC companies since 2013. When this study was done the average rate of return annualized was -42%. A few of the companies are up since the study so no guarantee NLST will crater but the terms of this deal are the same as the terms of every deal Lincoln Park Capital does. It is structured so Lincoln Park can't lose and it encourages them to sell shares immediately after each offering from the company and put downward pressure on the stock. Long term some Lincoln Park Capital stocks spike but if NLST is selling them shares now Lincoln Park is going to be dumping.
Also noteworthy the CEO and CFO had sold millions of shares in 2021 at lower prices that the stock currently trades at. https://www.otcmarkets.com/stock/NLST/disclosure Hard to imagine the amount of these sales if they thought a significant deal were possible.
The current book value on the last filing was $7 million while losing a few mill a quarter. The deal from Hynix brought in about $25 mill after fees. So lets say current book value is 30 mill. There is no chance Google is settling for billions. Lets say Google settled from $200 million. That would put book value at $230 million and make this around a 90 cent stock to $2 dollar stock. That's if they get a deal that good. If this settlement goose eggs realistically headed slowly back to 30 to 40 cents.
769,000 shares sold by CFO Gail Sasaki and CEO Chun Hong in their July Form 4 filings.
Before than the CEO sold approximately 2.1 million shares. earlier in the year on the original patent news spike.
I have no other comment on this stock than that.
"short attack by paid insiders"
I mean... LOL WUT? I mean. What are you saying? Company insiders are paying people to write hit pieces while at the same time paying people to pump the stock? I guess that is what you are saying, because of course you are...
Ummm.. A lobbyist isn't a stock promoter. Hope that helps.
Why would I do that? Gilead is a real company. They don't pay stock promoters to dump stock into. Cytodyn is a fictitious company that is purely a vehicle to sell paper to rubes. Negative book value. Zero revenue. Dumping 45 million shares. Paying stock promoters.
Fake company is fake.
I will when the stock becomes unhalted. Hopefully the halt isn't too long and the short interest borrow fees don't kill me.
Would be nice to see one more spike on BS news into the 3.20s or so to add big into resistance.
Oh. That's easy. Because the stock is their product. An old recycled drug is not going to cure HIV, breast cancer, and Covid-19. It can, however, be used to tell a story in an elaborate pump and dump scheme that will be halted at some point.
So you posted a video from a site that exists totally for "investor relations" purposes? Great work. I do hear if you pay prostitutes enough, they will say nice things about you.
So let me get this straight. You think the CEO, who is literally paying stock promoters like Wall Street Reporter with shareholder money, and then selling 78% of his stake right into the peak of "good news" about the effectiveness of their drug is a positive?
Okay. BWAHHAHAHAHHAHAHHAHAHAHHAHAHHA
Here it is right on sec.gov. I am sure it is all just a big conspiracy and to discredit a totally reputable company that has earned no revenue, has a negative book value, pays stock promoters and yet has a 1.7 billion dollar market. I am sure their wonder drug works on HIV, breast cancer and the coronavirus.
Open April 30 then click on Cytodyn
https://www.sec.gov/corpfin/form-144-email
Pretty sure the completely filled out one filed on the SEC official site that when everyone opens it, they see it is filled out and he is selling 4.8 million shares through Jeffries
He has 8.7 million shares according to to the S-3 filed two days ago. Since I showed you, what do I win?
Https://www.otcmarkets.com/filing/html?id=14111458&guid=IvdHU6AKM54nC3h
It is almost a certainty that someone from that world made the booking happen. Stating the obvious, this is not a real company.
The stock is worth less than zero. They don't have a cure for HIV, cancer, or coronavirus or whatever else they are peddling. This is a stock scam promoted by pumpers like HC Wainwright who is handling their offering.
And it is funny Charles Payne, a guy who was busted for pushing paid pink sheet promotions is the person who was going to have this company on. Charles Payne somehow managed to not get fired like Tobin Smith from Fox for his pumping. (Not going to "speculate" on why that was.) But I wouldn't be surprised if his past in stock promotion is the sole reason for the booking and cancellation.
So net worth barely above zero. And market cap of $300 million. But according to introductory message here they have a suite in an office building. And it's open concept glass. And the office even has their name on the door in nice lettering. WOW!!!! I guess that means this isn't a king zero like I thought. The office has their name on it. Amazing stuff.
I just read some of your verrrryyy insightful posts on other stocks. People are free to read your hot takes and read my posts and see who has more credibility.
Ummmm.. What? You can read my posts. How many stocks have I been wrong about since I started posting in 2010? I count ZERO. Probably 30% of the stocks I have posted about don't even have active boards anymore because the stock stopped trading and/or became a shell and became some new scam.
The stock is a King Zero. They have no argument. The numbers are the numbers. There is no scenario no matter how much they want to spin it where this stock should be worth what it is right now. I have no idea what the stock will do on a day to day basis. Maybe the can get it to hold support and get a pump or two to dump into. The CEO certainly has the financial incentive But it is headed down over the next twelve months to pennies. King Zero.
Alternate question: Doesn't it concern you that UEEC doesn't have an address? They have a PO Box.
I don't care about some blogger. I do care that this "company" with almost no employees, no assets, or revenues has a $200 mill market cap. It concerns me that the "CEO" will get a $27 million dollar bonus in shares on December 31 as compensation for running a scam.
I called OTC Markets today and then sent them the follow up research. I am not optimistic but the right thing to do is halt the stock or at least slap the Caveat Emptor on it and have it open up around .10. And yes, I have a very small short. It is to thin to short very many shares. But this stock is objectively garbage.
will be interested to see if this gets hit with Skull and Crossbones. I am guessing no but given how many pumpers exist on this board and the valuation it seems like it should at least be on the radar.
500k in cash as of June 30th
Almost zero revenue
Burns over 500k a quarter
Market Cap is $220 million
Only product is a commodity that has no competitive advantage.
No idea where the stock will go near term. But this stock is a zero. Zero point zero dollars is the value of this company.
Phil Frost is an actual billionaire (unlike the semi-scam artist who invested in this stock). He was involved in a ton of questionable pink sheet stocks that busted.
https://www.miamiherald.com/news/business/article223637625.html
The odds of this company becoming a commercial success are zero point zero. Nil. Nada. Zilch.
It is funny that THIS guy "Harmel has self-published two books, including Double-Digit Returns: In Good Markets and Bad. This latest book details how he generated annualized real estate returns of over 40 percent per year since 2006.)" is the guy you are smugly promoting.
https://danlokshow.com/harmel-rayat/
I am not even the least bit impressed. The list is endless of stocks that go to zero who issued press releases with credentialed people.
MGTI issued press releases every other day for their stock scam with people like the guy who started Atari joining. Stock went to single pennies.
Look at the press releases from PRED a few months ago. They got tons of doctors and people like Orrin Hatch to lend their names to the company. Stock is down 80%.
Nothing you said and no claim you made is relevant or new to me.
What is relevant is they don't have a marketable product or customers or revenue but they do have a decade of losses, three employees and a $125 million dollar market cap.
And as far as breakthrough technology? They spend 600k a quarter on R&D. So a drop in the ocean compared to what real solar companies spend. I won't be holding my breath on those solar powered golf carts.
I have followed in for years now. It is an old friend. I still keep and eye on it because it is likely the most profitable stock I have ever traded. 2017 and 2018 offered a gift from the heavens. I look for spikes because I know every time it spikes it will eventually provide opportunity to short.
The reality is every pink sheet stock that trades any shares has their delusional cult members. What impresses me about this stock is how long the delusion has lasted.
This isn't a pure pump and dump. Nor is it a real business.
Nothing you said is even remotely relevant to anything.
The owner has "invested" in the company. Notice very little of that goes to R & D. Sure, they don't have much debt. They also don't have a real business. The slowly lose a million a quarter.
I didn't say the stock will crash. It will likely be a slow bleed to zero with intermittent rallies and bleeds. They have a story and won't be going bankrupt. So there are people missing a chromosome will buy and people will sell into the rally.
But maybe you're right. This may just be the first time in pink sheet history that perpetual money losing company with no employees turns into a real company. TO DA MOOOOOOOOOOOOOOON!!!!!!!!!!!!!!
How many companies in the last 20 years that weren't biotech's have any story remotely similar to that? I can think of zero.
How many companies have a similar profile as WNDW and go to low single pennies? I would conservatively estimate 98%.
It is interesting the delusion on this company. They have produced losses forever with no market for their product. The CEO's other scamish company (ticker RCAR) has the exact same modes operandi. Yet people still buy into the story.
Realistically, the stock should trade for cash minus debt or slightly less even. There is no scenario in the foreseeable future (next 18 months) that can even remotely justify this being worth over $100 mill dollars.
Stock Promotion blast going out.
https://marijuanastocks.com/these-cannabis-stocks-could-be-the-next-big-things-in-the-industry/
https://marijuanastocks.com/these-cannabis-stocks-could-be-the-next-big-things-in-the-industry/
Usually I would see this as a negative but given the stock is the most oversold on the daily and weekly rsi and weekly bollinger bands it has ever been by far in this history of the stock, combined with maximum hysteria over vaping and the fact you have a bunch of people who bought shares at 1.75 and have warrants at 2.25, I see it as a big positive.
This is a real company (though losing money) that does $150 mill in sales a year that is solvent for the time being and you have a lot of motivated people to get the share price up. And anyone who has wanted to sell has had the opportunity. Since the price isn't selling off after yesterday's hysteria, I think the risk reward favors up at least in the intermediate term.
1.75 (offering price) and 1.8 (big resistance) important levels. Still could sell off on a break down but gut feel is it gets supported.
Whitney Tilson in his newsletter on KSHB.
https://empirefinancialresearch.com/articles/tesla-misses-guidance-three-pot-stocks-i-panned-at-the-stansberry-conference-a-year-ago-cannabis-capitalist-a-contrarian-bet-in-the-midst-of-the-vaping-scare-doug-kass-time-to-buy-cannabis-stocks
"The cannabis sector is currently down, and KushCo’s stock price has been unfairly punished. But we remain confident that KushCo is going to be one of the big winners as marijuana legalization expands across the U.S.
So I wanted to take a minute today to explain why we’re continuing to hold KushCo in our portfolio. In fact, we believe the selling has only made it a better investment… And if you haven’t already established a position in the stock, you may never get a better opportunity.
As I’ll explain, if anything, the vaping crisis shows the industry needs more of what KushCo provides – not less…
While traveling in southern California last week, I stopped in and had an impromptu meeting with KushCo’s management…
The vaping scare notwithstanding, there are four reasons KushCo is a great contrarian buy right now…
First, while the mysterious respiratory illness brought on by vapes is horrible, the current vaping scare will be solved…
Secondly, the vaping scare will drive users to the legal markets and quality products…
Third, customized product labeling will see increased demand…
Last, KushCo shares are trading at a valuation of less than 1 times sales."
I tend to think all of these pink sheets are junk.
But with the raise and current price and how oversold the stock is, seems likely it trades higher.
I have read thousands of filings. That isn't "boilerplate" for real companies. Literally find a real company with a real product that makes money with that wording.
It is wording that many/most pink sheet companies have because they aren't legitimate businesses. WNDW is a king zero.
The stock should be worth less than the cash they have on hand which would put in the 20 to 30 cent range. This has been a decade long money burner with no revenues. Only in pink sheet land does a company have a $170 million valuation (not fully diluted) with this track record for this length of time.
It seems the worst thing that could ever happen to the stock is their product ever got to market. After that happens even the wildest sales projections wouldn't make it a $170 million business.
Unlike most stocks I comment on here, EMIS isn't garbage that ends up at zero, but
Current fully diluted market cap - $1.5 billion.
Current market cap with just shares outstanding - $840 million
Assuming approval of GLP-1 and $5 billion in sales in 2020 (no chance whatsoever of that happening but want to paint the best scenario), Emisphere would only bring in 2.5% of that or $125 million. The stock is priced for basically everything to go right and to be a home run.
Approval is still 6 months away. The stock is priced for perfection. Nobody can buy this company with their goofy balance sheet not fully reporting. Without catalysts and a stock that is overvalued, it seems pretty likely the air will pop out of the balloon once momentum traders reverse course.
My price prediction by Friday is halted. That is only semi-facetious. I haven't seen an actual pump on this but obviously a shell with a reaaaallllly sketchy past is going to get OTC attention. They have been halting crap like this over the last year at a much higher rate than in the past. Short of a halt who knows. It is so thinly traded. Maybe it keeps going up. Maybe they crush it.
The stock is worth less than zero. Negative book value. Zero revenue. Most of the expenses are administrative and "consulting". Hired at "investor relations" (i.e. pump and dump firm). Issued 60 million shares at a couple of cents a month ago. If this were a real company and it really was worth 50 cents then management would likely be fined or go to prison. Raising capital by issuing shares at such a "depressed" price would be borderline criminal negligence. It isn't a real company. It is pink sheet trash.
All of the said no idea what it does short term. Over the the next year it will be below 5 cents.
I just called to find confirm that they only had three employees. I have never called the company before. The woman who answered the phone immediately hung up when I mentioned the stock and started asking the question. So I called right back and I didn't even get a question out and they hung up. I called their 800 number a third time and they disconnected the call even before answering.
Seems legit for a company with a $200 million market cap.
Actually it is just an old school pump and dump that is worth less than zero. They have the worst balance sheet on the planet. Book value is -10 million. They lose 3-4 million every quarter mostly on "administrative fees" and they don't have much cash.
There is nothing innovative about what they do except perhaps that they have a product so they can pretend to be real unlike more blatant scams.