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Gee, what is it going to take to get some life back into the pps??
Hardly any trading in the last 2 hour.
Guess we should be Glad that it is not going down.
Gee, give me a break. Rory will eithet be the GREATEST CEO ever if he does fulfill the dream or he wont if he fails. No disrepect to Rory.
I have paid my dues for the last year or more to find out if the Dream comes true. I stayed because Rory has said alot to keep me here. And I believe him when he laid out his plan to get FUSZ uplisted.
Good post Ted. The dream is about to happen
So will the history books say that Rory was the greatest CEO ever or the greatest snakeoil salesman ever?
I sure hope so since I was able to buy some more today. A nice .20 plus day would be nice right about now.
I guess the next discussion should be, if it all does happen simultaneously, what happens if they dont raise enough money to pay the acquisition cost for SC? Is SC still part of FUSZ? Can it unmerge itself.
The S-1, in the use of proceed section does say thst the proceeds May be use for acquisition cost, not that it will.
Also
Failure to complete the proposed Sound Concepts Acquisition could materially and adversely affect our results of operations and the market price of our Common Stock.
Our consummation of the proposed Sound Concepts Acquisition is subject to many contingences and conditions, including the preparation of audited and unaudited financial statements for Sound Concepts, the negotiation, execution, and delivery of the definitive agreements necessary to consummate the Sound Concepts Acquisition, and raising the financing required to pay the Acquisition Cash Payment. We cannot assure you that we will be able to successfully consummate the proposed Sound Concepts Acquisition as currently contemplated or at all. Risks related to the failure of the proposed Sound Concepts Acquisition to be consummated include, but are not limited to, the following:
Correct about debt being paid first. But if company went bankrupt would there be any money to pay him back? Probably not. So why not go all-in now and make balance sheet look good.
I didn't mean Insider Trading in an illegal sense. I was just saying if a Non Public known material event is going to happen SOON can the CEO be buying shares just before the event happens. So does this mean that NO material event, such as announcement of a big deal, is going to be happening SOON?
Anyway, I am glad he is all-in like the rest of us.
Just for the sake of aurguement and to talk about something other than uplisting:
Is the CEO REALLY putting his money where his mouth is??
The Form 4 says he is doing it for: reducing the amount of debt on the Issuer's balance sheet.
So maybe Rory just wants to make the 3rd quarter balance look good. Especially if he has plans to Sell share, buy another company and uplist.
Maybe Rory realized that FUSZ has no revenue, or very little, and he isn't going to get his loan paid back anytime soon, or if at all, if FUSZ doesn't make any revenue for a long time. Since he probably doesn't need the money, why not take shares and make the balnce sheet look good!
Secondily, isn't this considered Insider Trading??
If so, as I understand it, Rory can't be buying shares if he knows of a Non disclosed material event that may affect the shareprice during a cetrian amount of time. So, by Rory buying shares now, could that mean nothing is going to happen in the near futre to affect the shareprice??
Well, there is on thing that we all can agree on is that the pps is .48.
It has been sitting in this rut for months now.
For some this really sucks.
For other it maybe great.
All the DD hasn't moved it up much.
All the non DD hasn't moved it down much.
I sure am ready for a change!
Now, here comes some nice volume.
PPS should really jump back up very fast.
Because who would be selling now?
Not until FUSZ gers some volume.
Just doesn't make sense. I can't see any company saying dont buy our product because we have a newer version coming out in three months.
Now i can see them saying subcribe to our product now and we will give you the first month free and UPGRADE you to newer version when it comes out.
Dang.. I am glad I bailed out up in the 20's but did keep 700 share for memories
Look like I can buy back what I sold for half the price and say to myself I made a 100% gain
But I will just wait and see.....
Look like we need more bubbles.
They seemed to be getting popped before they even rise.
Lets hope the reversal starts next week.
It is the end of the 3rd qtr today. 4th qtr starts Monday. This would the right time to finally start revealing all of these big deals that Rory has been talking about for months that are going to transform us up to the Big board.
Time for talking is over.
Start the Big Reveal!
All we can do now, is trust Rory as our captain and hope he can avoid an event horizon into the black hole. He says he can deliever, stated flight plans in S-1. If he fails, then FUSZ is doomed to be in the OTC black hole forever.
It all sounds so surreal!
If this all works out and Rory can get a .39 pps up to $4 and get us uplisted on NAS all in one swoop and make me way richer, I will be the first one in line to kneel down and kiss the ring of Rory.
"New shares will appear in our account."
Just thinking here.
Would these new shares be based on the new value of combined company? So could they sneak in RS based on the low value of FUSZ. That is, could they say that it will cost 10 shares of FUSZ to get 1 share of new company shares. I know from other buyout that I have been involved in there is always some share ratio between the two.
Is FUSZ represented there? I didn't see them on the four day schedule of events.
You are not alone pearsby09.
I believed and held.
That "belief" costed me over $450K in gains.
I imagine others have same story.
Will I ever get that gain back, I don't know.
But like you, my average cost is around +- .15
so I can still sell now and say I made 100% gain for the year.
This would be a great ROI in most cases.
But I will hold for the Big Reveal.
Rory whole reputation, and our money, is riding on this Uplisting and Transformation.
How it is going to happen?
I will have to pay to find out.
The only problem here is that FUSZ is worth only .389 as I type.
We haven't seen any evidence that FUSZ is getting any market Penetration at even 1%.
Rory needs to start showing some babies from all this Penetration.
Hopefully, it has been 9 months into the year and the babies will start popping out NOW!
I know about the "noise."
I have been here for two plus years.
I was just commenting on the trading action.
How there was a big wall of .40's sitting there and it was taken out very fast.
They did it. Took out all those .40 bids
So it look like it is back in the .30's again.
I think we ALL want to see the Big Reveal.
At this point in time I find it hard to believe that it can happen from down here at .39.
It has been all talk and no follow through this past year when it comes to new subscribers which leads to REVENUE!.
So basically, Rory has to deliever this time or I think FUSZ is done for and will follow the path of most OTC stocks.
I truly hope Rory can deliever for all of US.
It will be costly if he fails
but rewarding if he succeeds!
You just have to pay to find out.
Well, I just don't know what dummy would be selling?
The pps hasn't gone below .33 since Mar and has been holding the high .30's.
Unless, you bought in before last Feb/Mar, you will be selling for a loss.
Anybody shareholders still holding and who has been in FUSZ that long is most likely NOT going to be selling now.
They are battle harden and waiting for the Big Reveal!
This totally SUCKS.
Where did 800K shares come from?
Funny, I just said the same thing on my last post about last year FUSZ price action.
The Big Reveal.
Kind of cool.
Is that the new word for Transfomational?
All this selling knd of reminds me of last year about this time. Everytime we thought that the pps should go up, there was always more shares being dumped.
Last year, FUSZ supposedly had a big seller, according to Rory, who was going to sell a predetermined number of shares. But shares kept being dumped way beyond that number of shares for months between .11 - .053. Alots of longs here were able to buy boatloads of share in that range. I know I did.
So, now here we are supposedly going to be getting good news "soon" and shares keep showing up to be sold. Just have to wonder why and who is selling?
But I guess .39967 is better than .06!
"But we only lose if we sell"
Not totally true
You lose if the company goes bankrupt.
You lose even more if you finally do decide to sell and the pps is in the subpennies.
You lose because "time is money" and if you sit in a stock for years hoping it will go back up, you lose out on other investment opportunities.
Just look at current market..all time high while FUSZ sits on the bottom even though you can say it is up for the year. But it depends on when you bought in.
Believe me, I have done all the above, many a times over the last 35 years.
Just repeating what you wrote :Rory can’t be happy with the constant decline in share price. Not sure if this is the strategy.
I sure hope Rory strategy wasn't to have a constant decline in share price.
Well that sure was a big dump of shares. Down 10%.
Be miracle if this happens by end of year!
Could be, but I would find that impractical because there will always be new versions coming out as notifi improves itself. Are they going to say we are waiting for V4 next???
To think that I use to own Adobe back in the 1990's when it was selling around $5. Lets hope that one day in the future you will be able to say the same about FUSZ selling for $5.
Almost five months ago and we still talk about a Oracle PR coming out. Just maybe Oracle isnt the grand partner we thought they would be. Maybe FUSZ need to increase Oracle percentage up to 25% to maybe give them a little more motivation to sell.
What does it feel like to live in Russia?
I like the .59 next in line better!
Is FUSZ back in the quiet period again? Can't move up if it keeps letting the momentum fade away everytime.
I figured it out Bill
Rory is just testing FUSZ long with the marshmallow test.