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The ticker change is waiting for FINRA approval. They can't just up and change their name as they please.
And what further updates do you want, other than what's been posted here. They said q2. They said phones are being tested. They said will be released in coming weeks.
What are you looking for, exactly?
I second stewy's vote here. Well thought out.
April is going to be an exciting month.
Good thing it floats then...
Lot of words here, but all I picked up on was "If's" and "maybes"
I do love how we've gone from "there are no phones", "they don't have money to produce phones" to now "the phones are broken!!!"
Much like the "no phone" "dilution" "scam" arguments fell apart, I believe, in a couple of weeks time, the "phones are broken" argument will make a few people here look very badly.
Great DD by nodummy, though. He showed exactly why we are here!!!
So, semantics aside, we agree then.
Very good point.
I don't understand the arguments against UTOP in that regard.
If "everyone" in the world needs a phone, then it seems like the perfect market for a new company to get into.
The argument of "well, Apple and Samsung...." doesnt hold water.
Everyone needs a car...yeah, well Ford already builds cars.
It's not a strong point to stand on.
"Very popular" by no means implies that other carriers don't have a market in those countries.
The beauty of capitalism is that people are able to make their choice based on a variety of choices, each of which may have their own niche.
At least you have established there is a worldwide market for phones. It has been further established that there are way more companies than just Apple and Samsung.
It also seems that you now reale that UTOP actually may have a real product, and your argument has switched to IF there is a market for said phones.
Well, now that we are all on the same page, we can safely say that now it's up to the market to decide if UTOPS phones fulfil a need consumers have.
Well, the next couple of months will answer that. To me, that's the only risk left here.
That would be nice, but is it possible with the Holiday weekend? Not familiar with how long the process takes.
How can we we, you mention them daily lol.
There is nothing there to worry about.
That %12 bounce thursday was definitely a shot of confidence in the arm for many investors. Q2 starts next week. IMO, thats when this company's story truly kicks into gear.
TY Bean. Thanks for all your DD
Good post max, very nice.
I believe so, but the question is, is that alone a substantial reason for pps to rise?
On one hand, it fulfills a promise the company has made, and shows yet another step conquered in their plans.
On the other, without a product, marketing, and market, it's meaningless.
While I will be extremely excited about the ticker change, my eye is on the actual product, not the side shows.
Exactly, the day we have all been waiting for is about to arrive shortly. Then, finally, we can end much of the speculation and move on to actually conducting business.
Like I posted days ago: whether its a rise from 2 to 3 cents, or a drop from 16 to .009, it holds no bearing whatsoever on longs.
Fun times ahead imo
Possibly because this was the sentiment in many posters...
Ysung:
Yes. And it is to be expected that they wouldn't be happy about the companies devaluation of their B shares; who would be happy? I know I'd be pretty TO'd myself.
I'm sure UTOP expected some kind of blow back from this...it seems like common sense.
I'm basing this entire discussion off your opinion, of course. But its plausible.
Perhaps then they are regular enthusiastic then? I mean, wildly enthusiastic may be a bit much. I'll settle for regular enthusiastic.
;)
Yes, and we've had weeks with only 1 red day. I fail to see your point.
But, I'll take your advice and wait until next week. There's no sense in continuing discussions based on speculations.
Happy Easter.
I don't understand the first 4/5th of your post...but today's close is a clear and obvious rebuke of your last statement.
And what's the percentage from its baseline low just months prior?
Very strong
Is it strength if this came from the trips, was brought back down from its high, and still has growth?
Personally, I'd call UTOP incredibly strong, which is why I invested.
Oddly enough, UTOP may have picked this weekend to be Resurrected.
Happy Easter all.
Hopefully many days like this still ahead.
Took a day off and came back to green. Nice job, and promising heading into this Holiday Weekend.
Superstitious guy that I am, might not check this thing again until June lol.
In all seriousness though, we needed a solid green day again.
Very nice, thank you.
The hardest part for people is not knowing. With all the information flying around this board, some good, some bad, some just outright speculation, it makes it even worse.
I'm confident in my position here. Im excited for the future. Let the games continue and let the detractors have their day in the Sun for now.
We'll be getting ours shortly
From the BIO:
Now this is a legitimate, and honest grievance, and one that I can actually agree with.
Yes, the time for games is over. Now, more than ever, UTOP does need to step up and produce. TBH, they also were the ones joining in on the "games" and hype as well.
You ever see a boxer get in the ring, win 5 rounds, then get absolutely cold cocked in the 6th? Reality sets in, and he fights scared for several rounds, and now, suddenly, he doubts his ability to win. That's kinda where we are right now.
But, I still rest easy. I fully expected bumps in the road. The roaring 3's actually made me more nervous than I am now, because what I feared then actually came true this week.
But, we are in the OTC, a wretched, wretched place. I still believe we will get out of here soon enough.
Very nice Yoda. Good find, and exactly what appears to have happened
I do admire how your "facts" are backed up with pure speculative "what ifs".
I understand, you seem to believe this is a scam. Good for you. I applaud you and the "illustrious" group over at the DD fraud never seen a penny we liked board.
Here's what it boils down to. No matter who posts what, we all have to wait and see what's going to happen here.
I added today and I'm loving it so far. I do find it suspicious that a lot of this DD only appeared after many people had their B's pulled out from under them.
Connection? Perhaps. We may never know. Frankly, I don't care.
UTOP claims the phones are ready and will be released in a couple of weeks. They've been pretty consistent on the expectation of the devices release date.
So, for me, that's what's important. Not what some post as "facts" wrapped in speculation.
Have a good week.
.0071 I meant.
Long day for me lol
In for another 75k at 171 this am. Easy peasy. Confident and excited, despite the barbarians at the gates
Can you post the link?
Good news for those that aren't B holders.... What your seeing here is most likely the tantrum selling of those who are furious with the board of directors decision.
Otherwise, everything here is the same...except for the massive blood loss.
Luckily for me, the pps isn't a gauge for me. The companies nearing device reveal is.
While I completely understand your reasoning, I must say that I will be taking advantage of this volatility and adding more if the price continues its slide.
I'd rather buy low here and take the risk at a lower pps, than wait for a potential explosion under a new ticker
Perhaps, if it is a concern of yours, that question is better addressed to the company, rather than on this board?
After all, it is your money. Wouldn't you rather do your own DD, than trust posters here who have obviously led you astray?
Just mho
Evening all.
Been a terrifying couple of days here, especially when we are flying partially blind and taking a beating as we go. There's been a lot of nonsense posted on this board as well which doesnt help.
I can't say whether this stock is a winner or not. I BELIEVE it is a winner, which is why I invested, and will continue to invest here, despite me blowing past whatever limits I may have set for myself.
Right now, this bottoming out is a grand opportunity for me to add in. I'm not a big investor, don't have the liquid cash to throw around weekly, so these dips and drops are really a golden opportunity for me to add.
Am I nervous? Of course I am. THough I never invest money I can't lose, I do hate to lose. But what in life is a sure thing? I will say this though, I will not allow a certain segment of people on this board to dictate how I trade, that is simply ludicrous. So, I hold firmly to what I have.
I have nothing to hide, and my motives and agenda are clear; I am here to make money. I have not sold a share, and will not sell a share until we hit my target price point. I will slowly load when I can because I believe that in the larger view of things here, a rise from 2 to 3 cents, or a drop from .016 to .0092, is minuscule and meaningless in the long term here.
So, here is my question for those of you trading here:
Are you investing here based on what your expecting them to do, and what they tell us is right around the corner? Or are you investing here based on what the daily pps is doing?
It makes very little sense for me to give in and sell now, when the VERY REASON I have invested here is within my grasp. It's pointless and self defeating. I mean, c'mon people. I got in on the ground level of an up and coming tech/cell company, and in the trips no less! Do you have any idea how rare of a opportunity this is? So, yeah, it's worth the risk for me stick around.
Who in their right mind believed this was going to happen overnight? Who in their right mind could possibly fathom that everything that needs to be done would be done on YOUR timeline? This is the business world. It has a lot of moving parts, and a lot of loose ends to tie up. It requires work, time, and savvy. Maybe its time for people to check their expectations, and realize that this is moving as smoothly as possible in todays world.
I would be worried if the company cut of communications, but they haven't. They are diligently working to inform us of what they can when they can. They have traveled to different countries, have deals with software companies, have a growing core of venture capitalists, and have gone out of their way to upgrade their Investor Relations, as well as change their TA. If they had ANYTHING to hide, why change the TA??? There would be no reason to...
Give them time. Products don't magically appear. If it helps, ignore the unreal posts, both in favor and against his company, as both are equally misleading, and focus on actual reality. Starting a company with this potential takes time. And I am more than willing to wait and see.
I firmly believe that we are in good hands. Though its tough for me, I will weather the storm of the OTC market, and see this through to the end.
Happy trading all.
Watching the l2 is enough to make you dizzy right now.
Unbelievable the switches and crosses that are occurring within miliseconds of each other.
Good luck figuring it out.
Incredible gift for entries and loaders though, so I won't complain too much.
Yeah, thats why most longs don't day bother with the daily pps. Makes no sense to at this point.
I realize this place is a zoo right now, but when everything comes together, the gains from that 14 will be outstanding.
I see no reason to attack someones investments.