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$VXIT climbing fast on the breakout boards!
This is by far the biggest news this company has put out since James K became CEO.
looking forward to the 8k's and inked contracts! Contracts with just a few more districts can blow up this market cap.
Dont forget.... DTII passive portals for TEXAS state and other states to come.
60% of it is - cost of sales. which is 3% accorting to their referral program. Even so.... 67million dollars is just for 1 contract for 225 facilities. There are 98 000 schools.... then theres also health and fitness centers, health care facilities, cruise ships, goverenment buildings, places of worship, stadiums etc....
This is a massive sector to be in HVAC / IAQ
I never stated that 1 unit services all the space for 1 facility. i have looked into their system and it is scaleable to accomodate larger spaces. All i stated was the average cost per faclity, and the average cost per square foot.
Correct me if i'm wrong
Keep in mind.... of that 67million$, most of it, if not all, is subsidised with Federal and State grants whcih VXIT has a team of writers for all 50 States. and if the orders are above 50 000$ (which we know they are) they get fast tracked and go straight to purchase order!!!
Yup! VXIT takes a nice cut... also remember that 100% of revenues from MAXCLEAN are transacted through VXIT
Exactly.... and this is just schools!
There are so many other target markets!
67 million$ can cover 28 million square feet. Now we know the cost per square foot to implement the system
That's huge! If 67m$ covers 225 facilities that's 300k per facility in revenue!
From the Virexit webpage.... securing federal funding for the purchase and install of MAXCLEAN756:
"MAXCLEAN756 HAS ACCESS TO SPECIAL FINANCING OPTIONS FOR SCHOOLS AND GOVERNMENT OPERATIONS.
Max Clean 756 has a team of grant writers that work in all 50 states that specialize in specific verticals like schools to assist you with this purchase. (Taking pressure off your strained resources)
MAXCLEAN756 IS PART OF A NATIONAL BUYING CO-OP (SIPS)
Allows government entities to bypass long process of putting out an RFP for transactions over $50,000 (NO BIDDING REQUIRED). We can go straight to purchase order. This is widely used and accepted if an audit occurs later. SIPS did its own due-diligence on our company, which translates to added protection of dealing with a professional company with a great solution."
Next week.... new 52 week highs incoming!
If the claims about the MAXCLEAN system supports that it is among the best systems out there in the IAQ industry, for MAXCLEAN to give VXIT 60% profit margin in exchange for 55.5 million shares....i would expect they know those shares wil be worth something. IAQ sector in USA is 12B USD yearly. Even a small percentage of market penetration is in the 100's of milions of dollars. For MAXCLEAN to be made whole on giving up 60M$ off of every 100M$ in sales, i would say those shares are worth north of 10 cents easily.
Federal and state funding in the IAQ, HVAC and safety sectors are in the 10-100 Billion$ USD range. If VXIT has managed to tap into a sliver of that.... were looking at 100+ million dollares in revenues. Target market here is huge and the MAXCLEAN deals with Lennox, Carrier, Rheem means their system is compatible with a large slice of that target market.
The question is, does VXIT have the ability to tap into even a small sliver of market sector? Or have they already done it and we're going to find out about it eventualy? Vxit CEO oversaw 50 Billion dollars of transactions and acquisitions as a managing director at SMI global capital. I believe the man can get it done.
In their shareholder letter they said that for the last 2 years they have had a running head start.... i would say thats what the sales force has been doing during radio silence over that period of time. Just a matter of time before the curtain gets pulled back i think.
Looks like it's a group of 2 or 3 traders playing games with the ask wall. Would be a real shame if a whale came in and steals all their shares.
Anyone here willing to up the anti and actually make them pay?
Flippers only lose if someone slaps that loading wall down.
The day isn't over... don't light your cigar just yet
.....what wall? Looks like the 4 mill block from Tuesday has disappeared at .0020.
Levels are getting really thin now
10m shares at .0018..... nows a good time to trade in your used Honda Civic for a Ferrari.
Sitting through the shake and bake, waiting for the rock and roll.
After a shareholders letter like that.... news will be out imminently. Didn't wait 2 years+ to sell here in subpenny
Sitting on the bid at .0005 lol
Lesssssssss go!
It's been a long wait..... but now it's time,e to come off that launch pad!
It must be frustrating sitting on the bid while bashing the stock in a poor attempt to get filled and not getting any shares, or finding any available on the ask.
So I guess you should sell all your shares today at .0009 if it's not worth the risk. Unless you don't have any shares to sell, which begs the question....why are you posting here?
He who risks nothing, gains nothing. The risk to reward ratio here has been worth the wait. The application and target markets for the state of the art scanners and ROS air filtration HVAC systems VXIT has under their belt, could be massive. Even a small slice of the target market pie can mean big revenues.
If the VXIT management and sales team can get things done....reward outweighs the risk by exponents.
Nice hit on .0010 to start the day. Ask getting thinner and not very many sells the last few days.
How many are;you holding ? Over 70m?
$VXIT mark it..... Float locked!
2021 ran from .0007 to over 12 cents
Alaska had no "dead shares" to sell me at .0009......but thank you for the. 001's!
If you wanna sell me all your shares at .0009 .....just put it up on the ask, i'll gladly take them off your hands.
If you dont have any shares to sell in this "dead money stock" why exactly are you posting here?
Here's to hoping JK hires a snail to take care of PR campaign and marketing so that things can move along faster.
Inversely..... with 2.8B shares outstanding, no one wants to sell even 5m shares at .0008. Float is locked and there's nothing on the ask at 9
No one is really dumping into the bid.... if there are flippers here, all that's happening is that they are losing their shares to longs.
Last I checked.... bid is at .0010 not .0009
The best jokes on this board are your posts. Just yesterday you said no one wants to buy this stock as the 19M shares were sitting on the bid at .0007 and today 15m shares were traded with a VWAP of .00095
8n 2021 this stock ripped higher on air.... there was no shares available on the way up. I can only imagine what it will be like this time around. I have my shares locked and I'm sure many longs have theirs locked as well.
....you were saying?
Looks like the bit sitters are starting to become bid jumpers.
Hopefully form 4 coming soon.....
Bid sitters will have no choice but to slap the ask once news is out.... except they will have to pay a lot more than .0009 per share.
With 19m shares on the bid.... far from alone.
If my sell orders fill on some other tickers... i'll slap those 9's.
Anything in trips is a good pick up before news starts flowing.