Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
i am very confident about this ticker. holding for 30s at least
can i buy this in e*trade?
:) just a matter of time before this gets some attention again and moves up with volume!!!!!
why would anybody buy this after prop bids being pulled out all week? why would there be any stockholder confidence after that crap?
IMTV news 10:00 am
yeah i saw that too. but why is that a good thing?
As stated in the original news piece:
yea, except this company is trying to build an oil refinery. not exactly a scam kind of thing.
As stated in the 8k:
GS Capital Partners is the same as Goldman Sachs Capital Partners. Both links on Google to GS Capital Partners, V, L.P. route to Goldman Sachs at the same New York address.
Also, the loan isn't floorless:
$40k is not an amateur player
why would anyone slap the ask when there are people dumping 45m shares on the bid? and 60m yesterday from god knows where?
yeah 45m that's $40k
buyers are scared. needs time to heal. has to get through the day.
no, revenue will create profit which will be offset by debt and other liabilities. you'd have to look at the last financial reports and see what to subtract from 5m. and even then the market cap can be anything else, if the public deems it more valuable than its current valuation.
for example, AMD has about 4x more debt than it does profit and its market cap is in the billions.
because their twitter posts nothing to do with their company and company website does not link to it
chill out
its certainly not strictly mms. sellers DO exist.
obviously no buying pressure
there is no "they". just people selling at old highs.
"....shareholder approval to effect a reverse stock split."
The Company has obtained shareholder approval to effect, in the Board’s discretion, a reverse stock split. By December 24, 2017, the Company may effect a reverse stock split because it believes that such an action may:
1. Facilitate potential higher levels of institutional stock ownership where investment policies generally prohibit investment in lower priced securities.
2. Create a capital structure that better reflects a potentially profitable company.
3. Better match the number of shares outstanding with the size of the Company in terms of market capitalization, shareholder equity, operations and potential earnings.
4. Better enable the company to raise funds.
The Board shall maintain the right to elect not to proceed with the reverse split if it determines that this proposal is no longer in the best interests of the Company’s shareholders.
"We do not have long-term purchase agreements with our contract manufacturers..."
We have various manufacturers for the components of our products, including Next Dimension Technologies, Inc. We do not have long-term purchase agreements with our contract manufacturers and we depend on a concentrated group of contract manufacturers for a substantial portion of manufacturing our products. There can be no assurance that our contract manufacturers will be able or willing to reliably manufacture our products, in volumes, on a cost-effective basis or in a timely manner. If we cannot compete effectively for the business of these contract manufacturers, or if any of the contract manufacturers experience financial or other difficulties in their businesses, our revenue and our business could be adversely affected. In particular, if Next Dimension Technologies decides to cease doing business with us or becomes subject to bankruptcy proceedings, we may not be able to obtain the sensors for our products, which could be detrimental to our business.
"We have not obtained key-man insurance on [CEO] the life of Mr. Yazbeck."
Our success will be particularly dependent upon Mr. Yazbeck. The loss of his services could have a material adverse effect on us. We have not obtained key-man insurance on the life of Mr. Yazbeck. Moreover, in order to successfully implement and manage our business plan, we will be dependent upon, among other things, successfully recruiting qualified sales and marketing and management personnel. Competition for qualified individuals is intense. There can be no assurance that we will be able to find, attract and retain existing employees or that we will be able to find, attract and retain qualified personnel to join the Company on acceptable terms.
"The Company expects to continue to experience dilution in the near future."
While in 2016 we satisfied over $1.5 million in convertible debt used to finance the Company's critical obligations in 2015 and 2016, this same convertible debt used to finance our operations has resulted in heavy dilution and a sharp decline in share price. The Company expects to continue to experience dilution in the near future.
"...accumulated deficit of $26,399,453 and incurred a net loss of $16,501,889..."
At December 31, 2016, we had an accumulated deficit of $26,399,453 and incurred a net loss of $16,501,889 for the year ended December 31, 2016. We expect to incur further losses in the development of our business, all of which casts substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is dependent upon our ability to generate future profitable operations and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due.
"...cash balance not be sufficient to fund our operations for at least the next 12 months."
Our cash balance of $38,203 will not be sufficient to fund our operations for at least the next 12 months. Additionally, if we are unable to generate sufficient revenues to pay our expenses, we will need to raise additional funds to continue our operations. We have historically financed our operations through private equity and debt financings. Recent economic turmoil and severe lack of liquidity in the debt capital markets together with volatility and rapidly falling prices in the equity capital markets have severely and adversely affected capital raising opportunities. We do not have any commitments for financing at this time, and financing may not be available to us on favorable terms, if at all. If we are unable to obtain debt or equity financing in amounts sufficient to fund our operations, if necessary, we will be forced to suspend or curtail our operations. In that event, current stockholders would likely experience a loss of most or all of their investment. Additional funding that we do obtain may be dilutive to the interests of existing stockholders.
The increase of $2,275,410, or 508%, resulted primarily from the increase of interest expense related to the convertible notes payable and amortization of debt issuance costs related to the convertible notes payable outstanding during the year ended December 31, 2016.
ok, then you tell me one good thing from the 10k. nobody else can seem to. i don't think the negative revenues, deficits, debts given in exact numbers are stock information lol
quote me one thing that was good. because i can quote you ten that weren't.
10k was garbage. everything in there is bad. they even say it's possible they won't be able to continue as a business
h. Trading Limitations . The Buyer shall limit is sales of Common Stock convertible under this Note (“Convertible Shares”) such that in no single trading day shall the Buyer sell Convertible Shares in excess of the greater of $10,000 or 20% of the aggregate trading volume of the Company Common Stock on that trading day all sales shall be made through one broker/dealer and the trading limitation shall be acknowledged by Buyer’s broker/dealer.
hey if you guys want to help, post more stickies about the recent good news. i had to become a mod and then post the fuji news, and i hadn't even heard of PKGM until then. the more good stickies the better!
what happened with this ticker? revenue was good, everything seems good. some debt but no big deal. the interest here died off so fast. this should be above .10 by now
Annualised revenues in excess of $2m PER YEAR!!!
New York, N.Y. -- APRIL 5, 2017 -- InvestorsHub NewsWire -- Pocket Games, Inc. is pleased to announce the relaunch of the much-loved Photo App 'Kicksend'. Having acquired the company in 2016, Pocket Games has taken its time to analyse the market and the user base. The redesign of the App will give a much-improved user experience and an easier path to revenue for the Company.
Kicksend has a million+ registered user base and, over the past five years, has received in excess of $20m USD in seed investment to drive analytical understanding of its customers and to deliver an experience that is second to none. The App is much loved by this very loyal user base and expectations are high for a release on April 21st on the Android Platform.
At its peak, Kicksend was achieving annualised revenues in excess of $2m per year and with the recently announced integration of FujiFilm, Kicksend stands out from the crowd with a simple and fast way to print out high quality photos either for collection at Walmart or delivered directly to the home globally!
LINK TO NEWS
$2m PER YEAR, Partnership with FujiFilm, Kicksend App!!!!
This news came out last week but hasn't been stickied yet, so here it is! This is big!
New York, NY -- April 4, 2017 -- InvestorsHub NewsWire -- Pocket Games, Inc. is pleased to announce that it has signed up with FujiFilm to offer their technology and services to the 1m+ users that have had the Kicksend App installed.
The Kicksend Photo App is an easy and fast way to get your photos from your mobile device printed at Walmart for collection or delivered directly to your home. Pocket Games has been rigorously testing the premier providers of photo provisioning for their App and has selected FujiFilm as the best of breed.
At its peak, Kicksend was achieving revenues in excess of $2m per year and with the recently announced integration of FujiFilm, Kicksend stands out from the crowd with a simple and fast way to print out high quality photos either for collection at Walmart or delivered directly to the home globally!
Pocket Games will announce shortly when the new version of the Kicksend App will be available in App Stores.
Pocket Games Partners with FujiFilm to integrate Tech into Kicksend App
FujiFilm is a $362 million dollar business and is now partnered with PKGM!
www.fujifilm.com
--------------------------
New York, N.Y. -- APRIL 5, 2017 -- InvestorsHub NewsWire -- Pocket Games, Inc. is pleased to announce the relaunch of the much-loved Photo App 'Kicksend'. Having acquired the company in 2016, Pocket Games has taken its time to analyse the market and the user base. The redesign of the App will give a much-improved user experience and an easier path to revenue for the Company.
Kicksend has a 1 million+ registered user base and, over the past five years, has received in excess of $20m USD in seed investment to drive analytical understanding of its customers and to deliver an experience that is second to none. The App is much loved by this very loyal user base and expectations are high for a release on April 21st on the Android Platform.
At its peak, Kicksend was achieving annualised revenues in excess of $2m per year and with the recently announced integration of FujiFilm, Kicksend stands out from the crowd with a simple and fast way to print out high quality photos either for collection at Walmart or delivered directly to the home globally!
link
don't worry about 8k, shares can't be sold for a year. they haven't even been registered yet. that stuff is long down the road, well after this has a pps above .25!
crazy good prices right now!