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Thanks for starting this board. Been following Blade for some time now and believe it has a very bright future. Thus, I took a Position looking for a significant long term return. Plan on using their services next time in NYC, and hope to see an expansion along the Eastern Seaboard. EVTOL shows great promise.
Looking at a Stock...Solo. Single seat EV. Plans to start assembly in Arizona or Tennessee. Supposed to be a commuter vehicle 100 miles on a charge. Any inputs out there?
Pretty good interview by the CEO and CFO. Albeit the CFO did not seem that excited when asked about when the Solos while begin shipping from China...”Anticipate by the end of the rear” seemed a bit soft to me. However, strongly believe once the plant starts producing the market ready product, and those vehicles hit the street the company will experience rapid growth. Going long on Solo!
Also, my concerns regarding the new CEO have been overcome by events...to that end I have added to my investment and look forward to positive news regarding shipment of Solo vehicles in the near future.
Yes...nice restatement of part of the quarterly report narrative. It would really be nice to see actual shipments from the China assembly plant being made to those who have made their purchase deposits. Would also like to see increased marketing activity as well some video of customers buying Solo vehicles at the established dealerships. I have bought additional common shares and look forward to seeing the product on the streets on the East Coast before the end of 2019.
Ok...I have taken the plunge, and hope to see this management team deliver on its game plan. Should like to see some real time stats on sales at the current distribution points as well as an update to the pre orders for all vehicle types. Please provide an update on shipment timelines...will you really start delivery in the 4th quarter? Has the new CEO started, or did he turn down the job as some have speculated...please keep your shareholders informed...transparency is a must at this point in corporate growth. Thanks...in at 25 K shares.
Ok...will give it a ride. Thanks fir the replies.
Ok...I am new to this stock and believe there is a future for the product...but has the company actually sold any shrimp? Show me the revenue please.
Just bought in, and anticipating strong growth over the next three years. Any insights on customer support East of Texas?
I got out last month as well for the same reasons. The year of the rat...I guess it what you might call it. If you add up the questionable LOIs, lack of transparency regarding mining location, and the privacy of the lone institutional investor, plus JRs track record for RS to keep control I had enough. Took what I could and put it back into BRKB, OHI, and BPL, and learned my lesson. Only hope this Company leadership gets investigated and is rewarded accordingly.
Guess the information that JR is selling off equipment has others worried even more so?
Guess we could have expected this as the CEO had to get some $ to pay himself while he worked the RS. This thing has got to be some kind of a shell or money laundering scheme IMO. I lost a ton, but am keeping a few shares just to remind myself never to do business with this guy again.
So where is the money coming from to keep this thing operational? Did we cease mining in Pa? Or did we ever start to begin with? Anyone ever get an address for the Allentown operation?
So if JR is trying to get closer to larger Exchanges...the post RS price needs to be somewhere above a buck to get started? Does .0021 look like the magic number on the effective date of the RS assuming he is going for a 500:1? Guess we will just have to watch the crystal ball drop! And where is the last qtr report?
Wow! With some of those positive projections JR should be generating some updates to that website that has been gathering dust since early last year. A little marketing is better than none...I would think he would want the PPS as high as possible before the RS. It would just make the post RS price fit nicely in his quest to get on to the major exchanges. Never did like Pink! Guess we will see what his MMs are up to very soon.
Guess the earliest he can split based on his Pre14A is 27 January? Then post split does he not need to authorize some shares to cover all previous promises to his creditors? By then we should get the 4th QTR Report on how bad it really is. So what is wrong with this picture? Maybe he is the investor and will seek additional loans to pay himself?
I agree, albeit I do not have access to any of your info/rumor chain. Since he is out of cash, and cannot fulfill his negotiated stock promises all he can do is a RS and then authorize additional shares. His MMS will control the market sales and the proceeds will go to the company until all the stock is outstanding. His personal investors will be repaid with the proceeds, and then dilution will drive the price down again. What really frosts me is that there has been no progress with operational aspects of the company. I could never get an address for the PA data sites! That leads me to believe the mining operation is being done in some apartment somewhere...this has all been a smokescreen from the gitgo. I hope I am wrong, but at this point I think we have all been shafted.
Just cannot get over that people keep selling this stock so low. Guess it’s driving it as low as possible to leverage a higher ratio RS. Must be his game plan.
I think that would be great...we will just need to see how he responds. I share in everyone’s pain and not looking forward to any RS. It just burns me to see this thing drop any lower, and then have him hit us with a 600:1..or worse. All that does is give him even more control, and sets us up for more dilution unless crypto surges and by some miracle TFVR goes upward.
Well...looks like JR is getting folks to bailout. The lower the price goes, the better he will make out on the RS. Hold your ground people.
Well...looks like he made the boldest move so as to remain in business. With the stock this low would not be surprised to see him execute a 600:1 RS. Now it’s a new waiting game. It’s all problematic..hopefully his gamble will payoff for all of us LOL.
Really...someone sells 4900 stares for .0017 to get $8.33! Must really want to keep the share price as low as possible.
If JR is in deep trouble with his creditors I would not be surprised to see him use his own $ and pick up shares as the price approaches .0009 as more of us try to dump. Should he then have the leverage I suspect he will call yet another Meeting and announce whatever RS he chooses. It is evident he has been in this for himself from the GTGO. He probably will have more to lose if he throws in the towel. This of course is just speculation on my part, and I would like the company to succeed. He probably should have stuck to hotels and pizza!
I think the Az office is a storefront used by more than one company, and I think the other board member lives in West Palm Beach.
Well sports fans...looks like he has got us stuck in the mud! Without the RS that he was counting on it’s all over. Guess he will need to get the 400:1 RS to get the price over a buck and then pray for new investors. If it slips below that we are all dead as a result of continued dilution. This guy needs a trip to the woodshed!
Over Thanksgiving I have Thought about where JR may be taking this company. Wondering why someone would cough up 75 K in order to keep this company moving in view of the Crypto currency slump. RS and name change and positive movement in crypto pricing may help, but there must be something else cooking or else he would have thrown in the towel before the meeting. The risk/reward on this is pretty high right now and I am betting he has something working that may result in at lest a short term surge. I have been pretty negative on this stock recently, but my gut tells me picking up shares before the meeting may be a good idea.
Looks like this failure is in line with CEOs track record. Shares are diluted at shareholder expense, he then executes some form of RS only to follow up by issuing additional shares of Authorized Stock at the RS price. He targets new investors while the stockholders who rode the downward slide get hosed. He gets paid no matter what. I guess I will wait until after the meeting and hear from anyone other than JR who may have attended to see if there is some recovery plan that may possibly include corporate diversification. Then it will be a letter to the SEC requesting an investigation and potential criminal charges. My own fault for losing a ton of cash, but if he has broken the law he needs to be held accountable.
Yea...and someone is working real hard to keep the stock price around.002xx. This is unbelievable why would anyone sell it that low. Seems to me that before this is all over both members of the Board May need to get some legal help to fend off potential legal action for poor company oversight. Yes, this is a very risky stock, but there should be some sort of adult supervision.
Would be nice to see it before the meeting, but my guess is JR wants the market price to stay real low so as to justify a larger ratio RS. Good news would push the price higher, and bad news would cause more of us to vote NO on giving him increased flexibility on the RS ratio. Thus for him NO news is good news. Then of course I hope I am wrong.
I voted NO on all RS proposals. Voting for a RS at this point does not help most shareholders who have actually bought stock. I want and expect more transparency from our CEO and other Board member.
Suppose that if all the proposals fail some stockholder attending the meeting will need to volunteer to be the CEO. Let’s not forget it’s a one man show. I suspect we are ALL pretty much stuck in first gear with this company. We should at lest figure out a way to add a COO to the management team in the event that JR bails or leaves for any other reason. Is there a leadership succession plan...don’t think so.
Saw that too...but I never saw it on Level II Data. Good purchase for someone at .0026...but who would sell so low...direct corporate deal? Keep the price low to push for the 1:400 RS. What a Zoo.
Guess we will just have to wait it out, and hope for the best. As I learned during a 30 year Navy career...there are really NO new lessons learned, just repeats of history. When you speculate expect to lose it all, but then again you just never know what might follow the storm. Hang in there Sports Fans!
I will go back and read it all again. I just want the address so the next time I drive through Allentown I can go see it. My defenses cut in when I questioned the LOI with Cryptogram. As it turned out that was a bust for which I was thankful as that Company appeared to be started in Delaware about the same time TFVR changed its strategy. I am just used to more transparency...maybe after we get through a full year (if we do) I will be a bit more optimistic. In way to deep to pull the plug like many others. GLTAll of us.
Very interesting. level II Data goes away, and then a 5 mil + Bid appears at .0026. Something just does not seem right? Or something big may be in the works? Nothing surprises me at this point.
Thx...at least there have been a few updates on the Teraforge website under the Investor Tab. Sure wish they would have an auto update on the site relating to Mining success. BTW I could never get an answer to the actual address of the Allentown Data center. For all we know it may not even exist.
Anyone received their voting materials yet? Mailed on or about 25 Oct? Hope someone on this message board attends and gives us a good summary of what actually happens, and if the CEO really attends in person.
Unless there is an update on how the company is doing before the voting deadline I am planning to vote NO on the RS issue. I am very concerned regarding the language of this proposal as I feel it gives the Board way too much to much flexibility in determining the nature of the RS both in terms of value and timing. What I do not want to happen is the CEO exercise his next Stock Option of 5 Million Shres at .03 and converting that into 50 Million Shares at current market prices before any RS. I am also concerned that the Board May approve additional authorized shares resulting in more dilution. The same pattern JR has exercised over the past several years. We need positive news before the annual meeting, and no news means I Vote NO!
Any Money Manager experts out there? Trying to understand why not all orders of different value are not listed on Level II. Are they just being selective, or perhaps just ignoring the order? Thanks in advance.
At least it is a ray of optimism. Just don’t like the unwillingness of our management to keep stockholders informed of the early initiatives. If JR pulls this off and takes the stockholders along for the ride that would be great, but his lack of transparency has had me concerned since the stock price crashed shortly after the Strategic Shift. Guess the next quarterly report will shed some light. If there has not been some positive result from the announced mining shift I think it will be problematic that this company will survive until an Institutional buy in occurs. Like many of you I am still long by necessity...I sure hope patience pays off.
Frustrating...hard to understand that we finally get a little momentum like this morning to .0049, and then someone sells at .0034. I am guessing it’s the MMs driving it back down on purpose. Defies all logic!