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 know that they have cleared the way with the SEC for a RS, and have made it clear that this may well be coming, but what if just by chance they don't go through with it? Given the fact that their business is actually doing pretty well and they're opening new clinics (and stated that they plan to continue opening more), I think it's probably worth picking up a mil or so of this way down here and just hold to see what happens. I mean given the current SP, you literally don't have that much to lose.
I really think that this could be the next otc star. People are really starting to take their business model more seriously and see that they are having a real impact on the music industry. Metaverse coming.
I agree. I think that the (anticipated) degree of dilution that has been priced into this has actually been overdone. They have a true business model, which many otc's don't that are at a much higher pps. Given the current extremely low pps I believe that the upside is much stronger than the downside.
I think you're spot on with this one-it's a steal at the current pps. 10Q for 1Q was filed yesterday pm and I believe more big moves like the sponsorship with Bigga$tate are coming. Company's popularity on social media sites is growing as are revs. Not saying that it's going to be at .01 anytime soon-it may be a slow grind. But I do think that the grind is going to be higher.
I'm holding a modest loss on my shares currently also (I guess right now pretty much everybody is unless you just bought in in the past few days), but I am also going to hold because I actually don't think that they are going to sell anywhere near all of the Series D Pref shares they are offering, and therefore I don't think that there will be nearly as much dilution to common as many are now anticipating. I believe this for two reasons. One, the minimum $ requirement stated in the offering-$50k, which is substantial in my book. And second, the minimum income/asset requirements. This is too long and complicated for me to fully list here, but as in the minimum purchase requirement the requirement here I believe is so steep that it will disqualify many potential buyers.
Aside from the fact that I don't think that this offering is going to be as bad for common holders as many are expecting, I think FDBL has a good thing going with their (now) very comprehensive artist/fan platform. It has seen steady and impressive growth so far based on metrics that the company is focused on, and I think that over time that this will result in increased revs for them. I see this as a good long term play. All of this is JMO of course.
I believe that GDET's new CEO and Chairman (James Ballas) is going to really help with the development and adaptation of the Dreamcard as he has an extensive background in many forms of marketing. For reference see PR dated 10/20.
With nat gas price spiking (again) FTXP should be ripping!
Acc to their 10/13 PR, FOMC is saying that their initial investment in Smartguard Energy will be occurring "imminently". If I recall that initial investment will be a substantial one-40%, and the CEO intends to complete the purchase of the remainder of SGE and hopes for that to occur by year end. Why is this a big deal? Because SGE will be by far the biggest company that FOMO has acquired and they are growing fast. As the CEO stated-"SGE will take FOMO to the next level".
Yes-MORE good news from GTEH. This is a really progressive company that just continues to move the ball forward and I expect that will continue. The current annual rev run rate of $2.6m will turn out to be quite a bit lower than what they actually achieve if their monthly revs continue to increase as they are anticipating.
Some good news could come out of their involvement with the Mr. Olympia competition today and tomorrow. Maybe they sign a big sales contract or something?
Thanks. That gives me even more confidence!
Fizzique could be coming to Kroger eventually!!!
Should be some solid exposure for Sinfit. Hopefully a PR coming out today re Fizzique also. A lot of good things happening at GTEH. September revs were a good sign.
I agree. It looks like people are realizing that something big is likely to happen soon.
You got it. I think the main takeaway from the launch party last Sat is that this company means business-that they fully intend to be a major player in the nft space.
That last point you make is a really good one. No dilution happening here. It shows in how it trades too-trades very thin. So it won't take much news to make this really run as you said.
Oh yeah, just as expected. Stock should rally on this.
Oh yeah-it's rally time!
That makes a lot of sense to me. I know one thing-if there is some substantive good news in that letter, all these people selling down here at .0002 (and even some at .0001) are likely going to wish that they had those shares back.
Very much agree. There are several pieces of good news in this PR. Shareholders have not yet been rewarded for what this company has going and certainly not for their potential. Granted they are in the early stages of their development plans and it may be awhile before the share price catches up. But I strongly believe this a really good one to get into now if you are willing to have some patience.
Totally agree. When I got home last night and saw where it closed (and that it even went lower at one point) I thought that they must have announced a RS or a share sale or something (which neither occurred). Then upon reading the ihub posts from y'day I found out that it was apparently that they had a poor presentation with the EGC y'day. I can certainly see where that wouldn't be helpful, but it doesn't really speak to their ability to execute effectively as a company. Would expect to see a rebound to where it was (only like .0003 higher).
I would agree with another poster though that some business development news soon would be good.
Mega Legend NFTs launch party in NYC now just three days away
Totally agree. Each tick that we knock down-it won't take as long to knock the next one down.
Not too much happening yet-but Saturday is getting closer each day and I think that it's going to turn out to be huge for this company.
I was aware that the spinoff of Helios had been cancelled-I was referring to the spinoff of their "Legacy" business-what was there before they acquired Helios. Perhaps I should have been more clear.
Well then why don't you enlighten me on what I'm not caught up on
Sure hope so
Not exactly "tearing it up" today but hey-better than yesterday. I am hopeful, and fairly optimistic that the Chairman's letter that is supposed to be coming out any time now will provide some news that will be a catalyst.
I would imagine it won't be too long before we hear more about the acquisition that Ashley has talked about that he states will add substantial revenues. Maybe we will also hear more on the spinoff of Rushnet's core assets.
EXCELLENT point. Definitely seeing more interest and enthusiasm lately for CBDL.
Yes, and they aren't going to be the only ones making big bets on RSHN. This company already has huge revenue generating (for the size company they are) and profitable assets and Ashley has made it clear that he's looking for more. Also everyone should remember that although Helios and Grandeza aren't going to be spun off, Rushnet's core business still is at some point and that could perhaps result in some kind of dividend to RSHN holders.
This is just the LATEST of many recent examples of how progressive this company is, and I believe that it is just a matter of time before the stock price starts to reflect it. These guys are just going to keep "bringing it".
I totally agree. This company, and its shareholders are going to be just fine. Right now I agree that it is being hurt by all the "back and forth" that has occurred recently. But I think that will all settle out here soon and people will get back to judging it the way they should any company/stock-what are you getting for what you are paying for it? By that measure, I absolutely think that RSHN is a real bargain.
I totally agree with you. This company is its own worst enemy at this point. I see so much potential here (just read the PR from y'day re The Stock Day Podcast) but they are suppressing the stock with dilution. SO many companies (particularly on the otc) do this and as you said it is so annoying when one that you own does it. If you're going to dilute you better be crystal clear with your shareholders why you are doing it and why it makes sense (if it does), otherwise the stock will suffer.
I think you're right. There is still great value in RSHN despite the cancellation of the Helios spinoff. Now everything will just stay under one "roof". The PR y'day did state that there will still be a spinoff of RSHN's core business at some point-unclear what that would mean for shareholders. It also stated that the listing on the Toronto exchange would still take place, which will indirectly help (U.S.) shareholders by providing some funding for them without any dilution.
I think that this stock will do fine and slowly head back up once everyone realizes that the value you're getting for what you're paying for it makes it a good buy and that y'day's news, as you stated, really just simplifies things and doesn't represent something bad that has happened to the company.
I have been saying for a long time now that this is a progressive company that will never be content to just sit on their laurels. They are always looking ahead at how they can break new ground. I think people are finally, albeit still slowly, starting to see this. But I think that pace will be picking up.
Just saw that. Yes!!!
I'm really glad that you pointed this out. While we are all hoping it will go pink current soon-it is already on solid ground in terms of the upcoming SEC changes coming late next month. FTXP is in such a business that when something happens, such as a new contract, it's going to be for BIG $$$$$!
Yes-key here is "IN THE COMING WEEK". Better get in now folks!