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.
For those charting $LGIQ Spinoff $LOVA trades understand seed investors whom bought 1.2m shares just received their shares from Nevada transfer agent via DRS on 3/7/22. So the stock was not tradable till then just another fact you could find out by contacting investors relations.
Personally I'll be shocked if $LOVA breaks $5/share prior any update I believe seed investors paid $1.50/share.
Looking forward to $LGIQ DataLogiq overdue news.....
https://gologiq.com/ $LGIQ Spinoff GoLogiq have questions connect don't waste time on message boards. Facts are governed by Reg FD 17 CFR 243.
TMNA Benchmark up listing to NYSE 3-5b market capitalization changes daily only trades 300-500 shares per day must be a pharmacist handling trades. See the restricted OS look familiar :)
LOVA 1.2m shares tradable pharmacist controls who sells?
FWIW
https://www.otcmarkets.com/stock/TMNA/security
$LGIQ as holding company owns approximately 18% of $LOVA which now has a 176mm market capitalization. That 18% is nearly double $LGIQ current market capitalization.....
Cannot wait to see how Benchmarks plan to bring shareholder value unfolds further... $LGIQ DataLogiq news overdue.....
$LGIQ DataLogiq stand alone value at 50% discounted market value of 6X 32m TTM is approximately $6/share not including GoLogiq stake....
https://www.otcmarkets.com/stock/LOVA/security
$LOVA $5 https://www.cnbc.com/quotes/LOVA?qsearchterm= Crazy how thin with 1.2m shares tradable. Seed investors are holding strong BID remains at $5 ASK $10.
https://www.otcmarkets.com/stock/LOVA/security
Brent Suen FORM 4 last in December $1.85 15k He is long with shareholders, never sold only buys 382,270 shares his average cost over $8/share. Mr. Suen will bring shareholders significant value.
https://www.sec.gov/Archives/edgar/data/1335112/000146970921000079/xslF345X03/suen-form4apg.xml
https://fintel.io/n/us/lgiq/suen-brent
Actually I spoke with Brent Suen last night so many options on table as he spoke about in past months interviews, now his biggest problem is which one will bring intrinsic valuation higher. He and BODs are literally deciding now. Quite the contrary to panic he’s confident and excited about the future of both companies.
Earnings should make Wallstreet happy next week?
GoLogiq $LOVA 100mm market capitalization wait till OTCQB opens. https://www.otcmarkets.com/stock/LOVA/security
I encourage you to call or email the IR department at GoLogiq. It’s about investment banks interest to fund large multiples for an IPO. NASDAQ wants to uplist with large funding not 6m.
Intraday SOPA printed over $100 from my recollection but my point was there are only three companies doing business in south east Asia publicly traded for investors to buy. SOPA is an example of the demand by investors looking for the next SE. in my opinion GoLogiq has that potential with multi country expansion and secured government contracts. GoLogiq is already partnered SE and GRAB, SOPA is not.
I have spoken with multiple firms interested-on being part of the IPO and word is the opportunity is closed to new IBs. $3 per share is a steal and large positions will need to BID $5 plus for even 1k there are 1.5m shares in float tradable I have spoken with most of the Angel investors and only one is willing to sell under $10.
GoLogiq is in the process of not only uplisting to OTCQB but uplisting to NASDAQ with upwards 20mm of funding i was recently told. I believe when we shareholders of record receive our shares GoLogiq will be trading volume over 1m per day on NASDAQ. Realize there are only 3 companies out of SEA publicly trading SE GRAB and SOPA note SOPA has zero revenues yet traded over $100/share after IPO NASDAQ. GoLogiq has revenues in excess of 10m clean margins and is expanding into Vietnam which has the largest funding by investment banks in all of south east Asia due to population growth and affluent demographics of a young generation. GoLogiq could be trading at $30/share or a 1 billion market capitalization by years end.
Actually shareholders of record own two companies and their current value is $1.10 plus $2.75 last trades of LGIQ and LOVA at this moment so $3.85 still terrible but heading in right direction.
Remember shareholders of record get matching shares GoLogiq so last trade $2.50 90mm market capitalization as of yesterday, like I said I anticipate $10/share shortly after trading commencement on OTCQB. Benchmarks plan to unlock shareholders value is slowly coming together. Let’s see LGIQ get up $6 on Suen’s big catalyst he’s been working on and we have something.
https://www.otcmarkets.com/stock/LOVA/security
LGIQ spinoff GoLogiq traded for the first time today at $2.50 that puts the companies value over $80mm prior to opening on OTCQB. Once trading commences on OTCQB I anticipate a $300mm market capitalization due to global expansion news Suen mentioned on past interviews. I believe news will be announced once OTCQB trading begins.
Remember LGIQ owns a percentage of GoLogiq, ownership shares transferred to LGIQ upon final transfer of Fintech branch. This ownership would equate to millions higher than LGIQs current market capitalization.
Price will reset here when investors least expect. Fair valuation LGIQ $6/share minimum not including GoLogiq ownership.
Hold strong longs news must be imminent shorts full press.
Suen seems pretty confident of news yet to come $LGIQ
Agree all manipulation OTC tuff place to be no SEC oversight all good $LGIQ BOD are in control now company is worth 600mm minimum a buyout is imminent in my opinion.
Cash flow positive 2022 $LGIQ fair valuation 600mm market capitalization or $22/share with 48mm revenues 50% margins as Suen noted last week’s interview. Today’s PR is only one of multiple TBA noted in PR.
https://www.globenewswire.com/news-release/2022/02/17/2387068/0/en/Logiq-Signs-Binding-LOI-to-Acquire-Digital-Marketing-Agency-Battle-Bridge.html
$LGIQ trading at 90% discount to peers TTM, 1.4m-1.6m shares estimate short of that 800k estimate naked short. When Suen announces what he spoke about being imminent in his last interview, stock could move 5X, then stair step up very quickly on short covering.
Potentially 1.6m shares short not covered. Naked short potentially 1m, over the past two weeks over 500k shares have been sold naked "not covered", the highest volume in past 8 months. Last week 86% of all sell were short, that is the highest volume ever in the stock. No retail is selling, how will short cover if major news Suen notes is coming actually comes.....
$LGIQ GoLogiq OTCQB news out. https://www.otcmarkets.com/stock/LGIQ/news/Logiqs-Spin-off-GoLogiq-Applies-to-Up-list-to-OTCQB?id=342978
Remember $LGIQ is a holding company of Gologiq once trading begins value will be added to $LGIQ market valuation.
$LGIQ coiled spring 2/7/22 LGIQ closed at 1.38, down 2.5 cents, on very light trading volume of 8,875 shares. Another all-time closing low.In my opinion, later this month, investors will regret not buying LGIQ at these manipulated depressed prices.
The last time the volume in LGIQ was under 10,000 shares was on May 27, 2021 when the volume was 7,301 shares.
Everyone long is loaded, short is overextended we wait for catalyst.
Suen $LGIQ interview from two days ago.
I agree add to short now. Great post thank you!
Would not want to be short going into weekend $LGIQ all management fired, CMA fired, Indonesia division GoLogiq now stand alone.... What is DataLogiq worth if tender offer announced.. Do the math most recent private ecomm buyouts have gone for 4-8X revenues...
https://www.otcmarkets.com/stock/LGIQ/news/Logiq-Expects-Q4-2021-Record-Revenue-of-123-Million-up-more-than-87-Gross-Margin-Reached-340-up-from-211?id=338017
Watching the naked short dumping $LGIQ and not covering this could really run on news. https://www.otcmarkets.com/stock/LGIQ/overview
You should call him....
PR today Chris is contact for GoLogiq. https://www.otcmarkets.com/stock/LGIQ/news/Logiqs-Spin-off-Subsidiary-GoLogiq-Appoints-DedicatedExecutive-Team?id=342193
As a shareholder for $LGIQ one of Chris's biggest complaints was CMA was terrible at IR "they were recently fired" they never answered the phone and took day's to respond to emails, that's not good for a company with a foundation of retail investors.
Chris has a work ethic second to none, I know he has a Clinical position that he works full time and spends nights talking to overseas investors and writing a little for Seeking Alpha.
Chris has his personal phone as contact on GoLogiq website. I spoke with him recently and he noted GoLogiq is our unicorn, $LGIQ was a path now shareholders will see intrinsic value from two companies.
FWIW I believe $LGIQ is a buyout target otherwise all top management would still be employed.
https://gologiq.com/
This is marketing spend from August 2021 Suen is making certain distributers used the budget I was told. EMC moved LSPD from $8/share to $120 last year. Let's see if some new investors come into $LGIQ pending catalysts overdue.
Long $LGIQ shareholders patience is about to pay off in my opinion. This weekend I spoke with other large holders of $LGIQ through much debate the consensus was $LGIQ is setting itself up to be a holding company valuation north of $400 million. As I noted in previous post ALL top management hired on for the Martech division DataLogiq have been let go. Also, of note CMA the companies PR firm is no longer employed. The BOD has taken these steps clearly in preparation of in my opinion a takeover or buyout of the Martech assets valued easily north of 100m. To shareholders that translates to multiples higher than current share price.
What is envisioned through debate is $LGIQ quickly trades north of $3/share in anticipation of "news" if anyone read the PR Friday after hours the last paragraph noted RCC formerly Mackie the scum bags that placed the bad deal has been employed. This arrangement is clearly in my opinion a move to transition the short firms long so they can make dollars above the $3 warrants.
Remember 700k warrants at $3 will bring in more acquisition capital. Remember once $LOVA Gologiq begins trading $LGIQ will receive shares in exchange for WIP Fintech assets. Now $LGIQ is a holding company worth a strong percentage of $LOVA GoLogiqs MC, which has been stated by the company should attain a one billion valuation by years end.
Does everyone understand now why BenchMark structured this Spinoff so shareholders could see intrinsic value to $LGIQ finally realized? Shareholders of record will in my opinion see that $24/share valuation in 2022 divided between being a shareholder of $LGIQ and $LOVA.....
My near term target price is $5 $LGIQ and $5 $LOVA remember as a shareholder of record 12/30/21 you own matching shares of GoLogiq $LOVA....
I wish I could tell you a time and date then we’d all know when to buy and sell BUT I don’t. What I know is news is overdue, I know the company has been working 18hr days to close deals on multiple fronts as Suen has noted. I know the company just reported record revenues and margins which make the DataLogiq division a buyout target. I know the BOD fired Furukawa Hartman and Urbino salaries that hit 650k combined and in the PR stating the management changes transitioning the company. This transition in my opinion is strategic on a monetary level over 100m alone.
The South East Asia division GoLogiq is setting to become the next unicorn to begin trading OTCQB moving quickly to NYSE with IB backing as Suen noted, and moving into new countries including Vietnam.
So many moving parts for a company trading a 40m market capitalization the news is everywhere.
Actually $LGIQ company has revenues and margins higher than 78% of NASDAQ technology companies in Russel Index trading over 400m MC. FACT from Benchmark FWIW. https://www.otcmarkets.com/stock/LGIQ/news/Logiq-Expects-Q4-2021-Record-Revenue-of-123-Million-up-more-than-87-Gross-Margin-Reached-340-up-from-211?id=338017
So I believe a lot has changed :) At 40m MC that's 10X undervalued to peers.....
Fools that were fired recently at company Furukawa Hartman Urbino, I was just told possibly dumping to F Suen. I was also told it's laughable he wants anyone who doesn't trust or think the deals he's been working on aren't happening to dump. Get weak hands out for run up.
Also of note CMA was fired two weeks ago BOD cutting all money burn that didnt produce. Time to announce real news.
As I mentioned yesterday $LGIQ just needs a PR pertaining to ITS entity EBITDA positive acquisitions, tender offer or both.... Stock explodes due to valuation discrepancy to peers.
We’ve gone over private placement before watch the implied valuation once trading begins. Remember Suen said they where aggressively expanding in Nigeria and Vietnam…..
Assets transferred $LGIQ will own approximately 20% $LOVA after WIP transfer February 2022 should be interesting once GoLogiq $LOVA opens for trading on OTCQB near term. https://www.sec.gov/Archives/edgar/data/1335112/000121390022003859/ea154497ex99-1_logiqinc.htm
$LGIQ will be holding company of GoLogiq which could have a 1 billion dollar market capitalization shortly after trading I’m told two investment banks are in negotiations for funding of $40mm.
I agree GoLogiq $LOVA is great for shareholders whom owned $LGIQ prior 12/30/21 record date so that news will only give confidence to those longs. News that will move $LGIQ share price would be EBITDA positive acquisitions or buyout offers of DataLogiq division or both…..
I would not want to be short without protection of warrants......