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Can't believe this is only .33. I own 500,000 shares and I know at least a dozen other people must have more shares than I do. Waiting for the crowd to arrive. ;)
I was looking at putting together something similar for my SUV for when I go camping. Solar panel on the roof connected to a Jackery Power Bank. Power on the go is so useful. I would love nothing more than tho have and all in one kit, designed specifically for that purpose. Maybe WKSP goes there next. IMO
I agree with you as far as the attention Terravis will receive, I'm just trying to speculate, like others, as to who the first contract is with. I also agree with the unit cost of around 1500-2000 dollars because that includes cover, solar panels, built in meter, battery bank and inverter all in one complete unit. A very clever design I might add because the power bank can be removed and used portably. For the first contract to be worth 70 million bucks Terravis will have to be sold on between 35000-50000 trucks. Rossi says near to mid term. That to me means 2-5 years. So I'm still thinking its Ford or Lordstown.
Another poster here insists that its going to be a lesser known name. Then perhaps Lordstown. IMO
Concept video for Halo is pretty cool. They even have Einstein on their team...Peter Einstein. LOL
Website is up...Not Bad. IMO
I think Ford too, but others say no. I agree that Terravis looks like an advanced version of the trifold cover with solar panels attached, a design already made for traditional Ford trucks. I'm looking at the numbers. In order to sell the amount of covers to attain 70mil in 2-5 years it would have to be an already established, well known company, which is, Ford. I just don't see how a new company, like a Bollinger, is going to sell enough trucks to justify that kind of valuation. In the end, I guess, we'll see WKSP covers on all the new trucks. All IMO
Far too high for these new EV Truck companies. How can a deal with a new, up and coming company know how many units they are going to sell if most of the public have no idea who they are. I've done some research on some of these newer trucks and Bollinger only expects to sell 1000 units in 2021. That's at most 1000 covers. They would have to have an exponential increase in sales for 2022, with covers included, to generate the 70 million that the deal is supposed to be worth near term. That is not realistic. What am I missing here?
I know people are speculating as to what EV Truck mfg the deal is with. I don't, however, see how it can be Bollinger. The PR states that the deal is expected to bring in around 70 million in revs to WKSP near to mid term. To me that means 2-5 years. I don't see Bollinger bringing in that kind of money in that period if they are only slated to sell about 1000 units in 2021. For those kind of numbers I would think that it would be a company already with solid funding like Ford or Lordstown which is backed by GM. I'm going to go out on a limb an say Ford. I guess we'll see. ALL IMO
Do you have that on good sources? It clear that XERI is being quietly accumulated over the last couple of weeks. IMO
Excited to see what these guys have in store. This might become a hot sector pretty soon with Amazon going to drones for delivering packages. Sky's the limit here (no pun) with this technology being scalable. Let see what happens. IMO
What Awesome news! Been here for years like many others and I think we are seeing the end of the rainbow coming. This move is great, but I think the major move will come when the EV company comes forward. That will bring big name recognition and legitimacy here. Will be looking to buy more if they pull it back again. Congrats everybody. eom
50,000 Shares more in secure hands here, almost all at .2399. Couldn't resist buying down here. I think this will be different than the last time it did this. Way better situation and better position for a great deal and financing. Let's rock. IMO
This should be trading just as high as GAXY. Just need the volume. IMO
This is not a political board. That being said, I'm with you on freedom and liberty. I find it curious how others that claim to be so compassionate would love nothing more than to take that away from others. They have no idea what America is. Shame. eom
Trying to buy a few more. This news is new, came out in the middle of the day, and not many people know about it yet. Here come the earnings. This is the kind of news that propelled stocks like PC$L, K$OS, and more recently GA$Y. Let's see if SNDD can follow suit. IMO
Buying here. Great price with metals up over the last months. Buffett betting on gold and silver, so will I. GLTA
Nice News! Looking ready to move again. Hopefully, this time for real. IMO
That is the wild card I'm looking for. In this environment, with little to no debt a definite possibility. IMO
I don't think most people here have any intention of selling due to the fact the CLWD has a ton of potential. They already have millions of dollars in revenue, not potential, actual and are on track to operate in the green. They are in a hot sector the is nearly Covid19 proof. CLWD is clearly, at the least, a .05 cent stock if you measure it against other, similar OTC ticker. To get there, however, they need to stop with the dilution and let the stock trade naturally.
What you are witnessing are shareholders that are frustrated over what appears to be a mistake that stopped the momentum. CLWD was clearly heading over .02 cents until they released an 8K that contradicted a previous 8K. I'm, of course, willing to give them the benefit of the doubt with the hopes they do the right thing. IMO
For the record, I really hope that this was an honest mistake and not them getting caught with their hand in the cookie jar. eom
Either way, it's there and they have to abide by it. Converting at .001 and selling at over .01, while dumping another 25 million on shareholders when you are the CFO is greedy and unethical. Plain and simple. They need to use that money to clear the 2018 note and focus on growing the business so we ALL can make money. We've provided the capital by investing in CLWD, Greg Boden has made a ton of money off of notes, now it's everyone else's turn to make money too. ALL IMO
I think they will clear this up fast. I agree with sello that they must. They really painted themselves in a corner with that one sentence in the 8K from June 26:
"This conversion marks the final conversion from all convertible notes issued during fiscal year 2019."
That along with the astuteness of the shareholders could have this issue work out to shareholder benefit. CLWD has too much to lose otherwise.
Strangely enough, I went in the other direction and picked up a few million more in the high .008's and low .009's. Lets see what happens. IMO
Looking over the 10Q again (the 2018 note) and the latest 8K, is it possible that they misplaced the decimal in the $25,943.84 for the principle, interest and fees and it should have been instead for 259,438.40, to eliminate the 2018 note. Those shares were obviously sold over .01 which was over the conversion price for that note. Could that be what will amended? IMO IDK
I'm with you, brother, for not letting this go. Greg Boden has made enough off of CLWD shareholders and now they need to produce. CLWD was clearly on its way to trading at least in .02-.03 cent range before they dropped that last 8K. I'm in the 8 figure shares club and that is a huge difference in my brokerage account and it is infuriating to be a victim of that kind of greed. 25 million shares dilution for $25,000, with 3 mil in quarterly revs and a 800K PPP loan...that's nuts.
To think, that PPP "loan" which really isn't a loan at all, but is a give away when all is said and done comes from our tax dollars. If they don't rectify the situation, they may not only have a problem with the SEC, but also whichever office within the Dept. of Treasury that handles PPP fraud.
All IMO
It most certainly could if they would focus on growing their business and stay away from the diluting crap. KNO$ did it with far less IMO.
I agree with your sentiment. I'll stick around, because even if CLWD had a billion shares, it would still be better than some of the other trash on the OTC trading much higher. TPT$ or XAL$ for instance. To answer your question, no sane CEO would dilute their company to the tune of over 25 million shares over $25,000. Especially when you are bringing in over 3 million dollars a quarter, your stock is over 10X the conversion price and you received a PPP loan from the government you won't have to pay back. You would do everything you could to stop it...Unless..Unless..of course you are getting a kick back.. No it doesn't look good.
Boden and company have made a ton off of CLWD shareholders and don't think Van Noy isn't getting a cut one way or another. No, I can't prove it, but logic would dictate it.
That being said, CLWD was once a collection of rinkey dink web designers, but now they lucked into a great looking business in a hot sector, Data and Digital marketing. Hopefully they realize they can make far more money developing and growing this business in the long run than running what appears to be a pinky stock financing scam. Let's hope. ALL IMO
I truly hope you are right, but I think that is setting the bar pretty high. I don't think they are going to let a warning from a shareholder distract them from padding their own pockets in one way or another. I would think they would have no problem risking a short-term, price decline and bank on all being forgotten in a few weeks. I hope I'm wrong.
I would anticipate maybe an amendment to the 8/26 8K somehow striking the sentence "This conversion marks the final conversion from all convertible notes issued during fiscal year 2019." or maybe somehow justifying the issuance of the shares in the last 8K. I'm no lawyer so I can't claim to know what's legal or not, but I don't think they are going to reverse course on those shares. I hate to admit it, but we are far more interested in the share price going up in the near term than they are. As long as they are making money either way, it isn't as vital to them. All IMO.
Part of the 6/26 8K:
"This conversion marks the final conversion from all convertible notes issued during fiscal year 2019."
So it's not the the December notes, but more than likely the 2018 note since, coincidentally, the PPS reached over .01.
Like the company, the potential, and the new contracts coming in. The sticking point for me has always been that the CFO also owns the company holding the notes. That is definitely a conflict of interests. With millions in revenue coming in and a PPP loan to boot it seems to me that CLWD should be able to retire those notes instead of diluting the share count. It would be in the best interest of the company and it's shareholders, but not the CFO.
I'll stick around, because even with a billion shares, CLWD still has over 14 million in revs and a road to profitability. That right there makes it a better stock than most of the pinkies down here. It still is a .05 stock IMO, but could take longer to get there. It will be interesting how the company responds to the e-mails, if they do. IMO
Selling here is like playing Russian Roulette. CLWD is pretty unpredictable when it comes to releasing news and I can feel something coming soon. IMO
I know exactly which issue you are talking about. Tp$W. right? I'll take you one further I was in that one and Xa$L when they were in .001 area for the longest time, I'm talking months and thought they were going nowhere and sold both for under .002. I still believe XA$L is sketchy, but there it is at .03. I look at those as a road map as to where CLWD is heading. There is no way TP$W should be trading higher than this and that's why I'm going for the brass ring here. IMO
Will be buying more CLWD. Hit the jackpot with IGEN and will be moving some of that money over here today for the sure shot. EOM
Wouldn't be surprised to see a PR Mon or Tue about Q2 results and maybe a new contract or two. Especially if revenues are between 3.5-4 million. IMO
Sitting on a powder keg. IMO
Wow! Won't take much at all to move this over .01. IMO
That would definitely be the prudent move to let the average investor know they don't have to worry about more dilution in the near future. Maybe couple that with news of a new contract or preliminary Q2 result. That would really pop the cork of this sucker. Either way I'm glad the guessing game is over. New buyers aren't going to be able to simply sit on the bid counting on more shares being dumped by the company. All Great News! IMO
I believe they cleared that up with the final sentence in today's 8k
"This conversion marks the final conversion from all convertible notes issued during fiscal year 2019."
Looking at the 10Q from May 15, it looks like there were no new notes issued in the Q1, unless I'm missing something?
IMO
Those OPTI profits will be coming this way real soon..IMO
You can't move a stock more perfectly than this. I think one day, next week, we'll see a day that has a big move of 100% to the upside. IMO
I believe we'll see an 8k in the next few days about those early June notes. That should really rocket launch this. IMO