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I've had the boat loaded for a little over a year now. Even have 3M shares of this in my IRA. We stumbled a bit, but it's one of the few "real" OTC companies out there.
How is this under .79 is the better question! That’s our annual revenue/OS
Yeah, same with OTC Markets. I'm pretty sure Sep 28th is the compliance date (so most will be affecting the rule on the 27th). We'll see people trickling out before then, but I think we're still a month away from the shock and awe
Anyone else seeing these 172k, 229k, 180k share purchase blocks!?! I love it!
CJ do you have a link to the restrictions starting? I wasn't tracking anything changing for 30 August
I think we’ve seen all these expansion PRs and then nothing too many times. People don’t trust it (especially when fins aren’t reflecting the millions in revenue the PRs would suggest).
Damn good sign! Love it. Was concerned there, for sure
Solid DD - appreciate the response! I was also looking at company valuation (OS shares) where it sounds like OTC is targeting a squeeze focused on a float reduction. I can get behind this numbers :)
I don't know if it's outpacing the convertible notes, however. In Nov of 2020 there were 1.8B shares outstanding. Today, there are 3.7B shares outstanding. The buyback would only pull 10% of the float off the table (330M shares) at .015. Where are we getting a .25 valuation?
Sorry Skip if you’re trying to load again, this is a different play than it’s been all summer for your flips. We’re moving on contracts and income, not pump amd dump hype. Just buy at .05 and enjoy the ride dude
You don’t get better exposure than Super Bowl!!! Gonna be an amazing year for TPT
You and I are on the same page. I think a lot of us are...
Yeah, most of the employees at this point are officers. Any selling gets reported. Not happening.
I agree TS can resell to their heart's content without triggering an 8-k if there's no contract involved in the sale. One or two units to non-federal/gov't customers would qualify under this type of sale.
All Gov't entities (schools/prisons/etc), require a contract for all sales. They have contracts to buy toilet paper - just the way federal funding works. That, or any other "large" contract, patently hasn't happened yet.
Hopefully it will soon.
Furthermore, Frank has tweeted every lab to leave the building. If TS were purchasing more than we already know about, he'd have tweeted it, at a minimum.
Quarterly financials will tell all. I'm not worried about it, a contract will come, but again, lets keep it real to avoid these hype plays.
I never said it was needed for every lab. I even acknowledged that single units may have been sold. What hasn't happened is that TS hasn't entered into a contract (substantial sales agreement) on behalf of TPTW. Those do REQUIRE an 8-K.
Read all about it here: https://www.sec.gov/fast-answers/answersform8khtm.html
Same for Tesla. Contracts require an 8-k. Contracts are considered an entry into a material definitive agreement.
I'll concede that's it's possible one or two were sold here or there through TS, but with 100% certainty, they haven't secured anything substantial enough to require a contract. If they had, TPTW is required by the SEC to file an 8-K within 4 business days. We're either out of compliance with the SEC (not good), or more likely (and actually better) a real deal hasn't happened yet.
Look, I like the company, but let's keep it real. We have mountains of potential, but it's all potential. People are ready for actual sales.
Happy to consider your DD suggesting closed deals if you'll provide it for the board. We all benefit from more information.
That’s all fine and well, but talking and closing are worlds apart. One costs money, the other makes money. A professional, international distributor hasn’t been able to close a deal after months of trying. That’s concerning - I don’t care who you are. I think we’ll launch and soar, but I’m tired of “talking” tweets and PRs. Close a deal already!
Not complaints - pretty legit concerns. I mean, look at the share price ??. A “few complaints” from
Investors isn’t going to sink a stock 33%. TPTW needs to execute
800 a month is a future capability that doesn't yet exist. It sounds like they perhaps picked out a location (no reason to not believe that), but the infrastructure to do it isn't there yet. It takes significant time and money to stand up a manufacturing operation of that size. 1000's of workers to hire (months), equipment, training, etc... They won't do that until they have a contract that warrants it.
The current building has space for 2, possibly 3, pods in flow at the same time and a handful of artisans working each. So, as Steve said, you're looking at about 2 weeks/pod.
IF and when a contract is signed, they'll look at actually standing up higher rates of production. We just aren't there.
Skipper, to be clear, this isn't a scam and I'm not suggesting that it is. I've seen the entire operation first-hand. It's real; they're just not as far along as IR would like you to think, and the share price is suffering because they've been caught in the game a few times. I've worked for major defense contractors, and the game is the same. However, you eventually have to deliver. People were ready for a delivery and it still hasn't happened.
FWIW, I don't post unless I have a position. I don't pump or bash; I simply say it as I see it.
I hear ya, but come on... "Houston we have liftoff". 99% of investors were going to interpret that statement as a signed contract, and Frank knew it when tweeted it. Stock didn't rocket back up Friday and Monday because people thought we'd be having a sales pitch about our product for an hour to some people in Houston...
Well, I think it was clear to those on the call that we don't have contracts yet. There are a few independent labs setup and that's about the status of it all. Considering TS has been on this for months, that's pretty disappointing...
Also, we heard Rick say it'd take a few weeks to deliver a new order. That means we don't have any built and ready to go yet. They're being built to order - and that total is 5, unless I lost count.
Not saying the company is failing, but IR has over-hyped and "hinted" at substantial progress events on multiple occasions and come up short in nearly every instance. Investors are tired of the wash/rinse/repeat IMO.
Anyone actually received the Zoom link? Frank doesn’t have it, and the POC from the flier hasn’t emailed it...
Up to #5 most read and Delarge just posted TPTW. This will continue to run on Monday!!!
Yup. Frank was blabbing about it on FB last Tuesday.
Patience* I got you bro.
But that isn’t the issue. The problem is that a company wasn’t able to plan a grand opening even 1 day in advance. Frank claimed it was happening the day before. And yet, it didn’t.
That’s just bad management.
Frank said all over FB that it was opening Friday... He’s a company official
If the grand opening is tomorrow and appointments are by appointment only, nobody can schedule anything to show up tomorrow. Gonna be a quiet opening. Furthermore, what on earth does shareholders being on a website have to do with it? Is it gonna crash with 400 visitors at once? Is there a phone number that will get tied up? If that's actually his reasoning for not having the website live, he does realize those same shareholders will do the same thing tomorrow (when you're purportedly trying to get actual customers). It makes MORE sense to open it now for shareholders to do their thing before customers are in-play. I like the company, but Frank is full of it on occasion...
Almost finished loading the boat. Time to move :)
Found the support...
Exactly my point. The current version of the tester does not test for pesticides in MJ... So no, no I can't.
It's 11:24 AM on Monday for me :)
Thanks for the verbiage correction... And yes, you're correct, there are several things I like about the company. Mainly, I'm a fan that they actually have a product and released it. That's 99% ahead of most companies trading at this market cap. However, I'm a trader, not a holder - mostly for the reason above. 99% of these stocks fail. Being that we're dealing with a company that is now producing actual numbers, those matter - a lot. Looking at the business plan, they're counting on a majority of sales to originate from this version of the hardware. I see a larger market in the water analysis market -which will lag by several quarters. My investment strategy isn't based on the MJ results - although I think there's money to be made here. I'll take what I can get and wait for verification that this market is successful. Right now, I'm obviously skeptical...
For the sake of those holding, I hope you're correct! I, for one, will enjoy the hype going into the report - but won't be around after that. Time will tell.
That is an interesting take. I think they need to adjust their advertising to reflect that, though. My impression from their message to consumers is that this product tells you what the chemical composition of your strand is. I get the same impression that it doesn't actually do that. It does analyze the strand, but it doesn't return results from that strand; rather, it matches the chem profile against their database and returns the properties of the strand most closely matched in the database. So it can't verify chemical properties of the actual strand being tested. I see this as a major flaw in the eyes of consumers and store owners. If I were retail, I'd want to purchase this to prove to my customers the properties of what I'm selling - it can't yet do that. If I were a consumer, I'd want the same information. I think the questionable marketing image presented will be very damaging to long-term sales.
I've seen those... I usually take a skeptical view of reviews posted on the company's website. Obviously those will all be positive. Neither here nor there, just posting a prediction. I think we'll see a push up through this week and re-tread after 3rd quarter sales. Feel free to beat me up if wrong, but at least wait to see the proof. I'll extend the same courtesy...
User reviews aren't great dude... Just google MyDx reviews. Read the forums - the tone for this product shifted from crazy excitement pre-release to "glad I saved my money" on actual user tests. Believe what you choose. That aside, aqua sales could make up for the deficit. Or they could drop the analyzer and re-brand the app as "the" app for MJ users to shop/review/compare products. And no, I have no idea who those other posters are.
This quarter remains to be seen... Not to say money can't be made here, but I think sales will be lower than predicted and they'll be forced to pivot out of MJ and into aqua/food. Haven't found a glowing review of the product yet, and a lot of users appear to be turned off by the fact that it doesn't appear to build a chemical profile of your strand; rather, it spits back a "closest match". I believe the advertisements will kill the user base in MJ - even if V2 does what they claim.
Yeah. It's filed. I'd avoid reading it if I were you though