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I don't pin my beliefs solely on Bus 657 but rather all the deals that are in the works. I certainly don't believe any of them will be block busters, only that they will generate revenue, which is how a company begins to gain footing. I am also not talking about the huge gains in PPS many are talking about. If it goes to even .0005, I and many, will make a tidy profit. It's evident there is much behind the scenes manipulation with this ticker, but IMO, as back in Sept. the reins will soon be loosened.
Can't help but believe that DG's efforts over the last 8/9 months or so will finally begin to produce some revenue and give the PPS some buoyancy. Those that picked up good quanities at present pricing and stick it out will be rewarded. IMO
I see a mini 2 day run coming here in the next few weeks just on anticipation of movie release. Similar to the one last September. Not as high, might touch .0010. Then a re-trace till actual movie release and other strong news. Exit and re-enter strategies will be critical to maximize profits because like most pennies, momo will turn on a dime. All IMO
He certainly effed up his first business plan. Many successful people had a string of failures before they got it right. His new business plan is something he has experience in, and has accomplished a lot in a short amount of time. The big question is can he follow it through and succeed. Many investors lack the patience too wait and see and feel better if they constantly bash.
Exactly. Most of these idiots who call Dan a POS on a daily basis have no clue what it takes to start or run a company. It takes money!! And in the beginning they get that money from selling shares.
If they don't get a 200% return on their $1000 investment within a week he's a POS. If there had been an internet back in the day , they would have been calling Henry Ford or J. Paul Getty , when they were just getting started, a POS on a daily basis.
I'm not comparing DG to those guys but it is a business in it's infancy. Give the guy some time. I don't like the current SS any better than anyone else but let it play out. Since he changed his business model, he's actually accomplished quite a lot. Once revenues enter the equation then we see if this truly becomes a going concern. I personally like the risk/reward and will give it some time.
Only way to tighten up the float is to buy back a lot of shares once revenues start coming in. Hope that's what he's intending. Just have to be patient now. This will not happen overnight. Thanks for the letter Dan ! Keep working hard. Many believe this will eventually happen !
Definitely a positive. Hard to be a believer in a no bid stock but seems as if some with substantial holdings do believe and are all in for a potential run.
All those shares sold at 1 went somewhere. Will be interesting to see how they come back.
Hard to say, but the movies need to make money. There not going to be blockbusters, but hopefully generate interest.
Here's my dream scenario. Hype of the upcoming movies finally gets us out of the ones. But with the massive amount of shares sold at 1, the 1 tick flippers create a massive logjam at 2. Maybe close to a billion shares on the ask. We simmer here for awhile until movies come out. The movies do ok. Not like a Furious 7 which is projected to gross 1.3 to 1.4 billion worldwide, but with our modest budgets we do ok. Not like the last one Dan was involved in ( Drive hard ) which was a real stinker.
So now we muddle through the twos with the moderate success of the movies. The movies had low budgets so there is some revenue coming in.
Dan takes his cut. Now he (1) puts some aside for future projects (2) pays off any remaining convertible debt and (3) goes to work on reducing the OS. Hey a billion shares at even .0005 is still only
$ 500,000.
And don't forget Dan has a nice little payday when we hit .002.
Now the Kramer's also do some work on the ask and with some well timed quality PR we're off and running.
Now we have a legitimate revenue producing company, less debt with a big upside, and a steadily increasing SP. Also the big boys (Sony, Lionsgate ) really start to believe in Dan and more and bigger projects start to come along. Hey it doesn't hurt to dream.
In my fantasy world when substantial revenue starts to be generated,Dan will buy back 3 to 4 billion of the OS and reduce the AS by at least half and this thing will skyrocket! It doesn't hurt to dream?
Dark side as in the Kramer's buying up the ask several days in a row with some killer PR to go along with it. Works for me. Let's just distance ourselves from these 1's.
Hope you're right about the float. IMO it's going to be a longer process than back in September when it went from .0005 to .0018 in 2 days. But I would take a steady climb over some months.
I tell you what else is troubling is this new freaking advertising on Ihub. Forces you to buy the blocker
The 5 billion OS is troubling. If Dan starts making some real revenue
he needs to think about some kind of a buyback. How do you wade through 5 billion shares. Especially when so many have 1's now.
Been in this awhile. Can we really make any kind of a sustainable move with 5 billion OS. How does that work? I understand movies coming out generate interest. But 5 billion ?
Raise your SELL orders people. Give this some room to Sprint out of the gate tomorrow!
Now if people will hold their shares and we get constant credible news we can make some money here. I'm holding 35 mil and not selling . Let's lock this float. Made some nice dollars back in late sept. on that little run. We can do much better now with movies being made.
The news came at 6:30 AM the morning of the 12th. Price was pushed down after the news. Look in the news release section above the stickies. I remember reading the PR and then being surprised later that morning when checking the price.
Hey I hope you're right! I'm more of a trader than an investor at this level. Too much volatility and manipulation. (IMO) if you can make a couple bucks move on. There are thousands of plays. Why be married to one ? But do what makes you happy and good luck to you! I've got to go shovel some snow.
After laying at no bid, I would be thrilled at .0005. Like 95% of pinks, a large part of DD is based on speculation and potential. Still though I live in south Jersey and can go to Atlantic city whenever I want, I prefer to gamble on the OTC
.005 on Tuesday... Maybe if the PR says Apple considering entering the Mj business. In talks with several companies including Sylios.
I'm thinking you meant.0005 ?
Must say. This is one of the most positive boards I've seen. Even the bashing is "generally" within the bounds of good taste. It's gotten a little testier of late but kudos to your staying power. I personally don't post much, prefer to lurk in the shadows with the silent majority. I also have a small stake here so don't get too concerned with the day to day action. Although I'm curious about the NR Tuesday, not overly optimistic. It's seems of late investors across the board have gotten very demanding with these releases. If it's not a homerun in terms of information , the price action just moves sideways or even goes down. It's been so long for this guy, a bunt single ain't gonna get it done. For the sake of all of you that have been here for awhile, I hope it's a grand slam!
Looks like you're holding the fort on your own. Hang in there. It's a matter of when , not if.
Don't forget " IN MY OPINION ". We all have them. Mark it !
Revenues or even the possibility of revenue is what gets traders excited.Look at a ticker like elra. Small revenue projections jumped it out of the trips by .0025 or so in one day. Jmo
IMO there's some big money waiting on the sidelines to jump start a nice run. Some news about any kind of revenue could be the right catalyst to get the ball rolling. I think we leap frog out of the trips on day one of the run and first major resistance later is 200dma at .0032. News need to be viable and not bs fluff like so many pinks.
The market already expected Ag license to be approved. Didn't really expect much of a bump. What will get this moving is news of product placement in some well respected stores. Imo
From a technical standpoint need to establish new support at .0006 which is 50dma. Also the ema20. From there if the market excepts this financing deal and they finally start pumping some solid Prs, next major resistance is 200dma @ .0033. Next week should be interesting.
Thanks. I appreciate it. Hoping for some steady, positive news here to get us out of the trips.
Had a position here back in July . Sold out at .0020 when the Signify deal was fading. Couldn't resist these 3's so I'm back. Hope we see .0020 again !
Sold awhile back . May spend $ 200 on a lotto ticket and see what happens.
Reviews for Drive Hard not very good, but with only a 12 mil budget it will probably make money.
I was replying to the other gentleman who said his etrade account showed 6. My etrade shows 5. Won't matter anyway come Monday.
Not on my etrade.
you called it. Ask shrinking with no buys.
Let's go folks. I closed out the 5's and got the 6's started.
Let's start slapping our way to a 7 close.
A nice steady stream of PR's would be nice to really get the volume pumping and ignite this run. When DE#M started its mega 10 day run it traded almost 2 billion shares the first 2 days. I think MHYS has better SS so we don't need that much. MHYS $$$
109 mil on the ask. What will ever get this bloated monster to move ?