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Someone had asked if they were selling shares to raise capital, but they are still updating share structure daily and on 10/28 nothing had changed. Sell off is a bear trap, or cash build by an individual or Stock-compensated vendor.
Someone had asked if they were selling shares to raise capital, but they are still updating share structure daily and on 10/28 nothing had changed. Sell off is a bear trap, or cash build by an individual or Stock-compensated vendor.
Don’t forget about the macro picture, the market just shed 1500+ points in two days. I don’t know about you guys but some of the stocks on my watchlist are already at levels I didn’t think I would see with them again Outside of a 30%+ collapse...because they are value stocks. So all it takes is one impatient investor here to offload less than 100 grand of shares to enter another opportunity (or panic) and it will do this to the price. Once again, nothing has changed, we don’t have public visibility and excitement. 83 shareholders.
It will come up, this dip is just another bear trap.
Means this thing hasn’t scratched the surface of its potential. Need good investment relations firm to gain notoriety.
This company will test your resolve as a trader/investor to stick with fundamentals.
Reality is, they are only improving from a company and macro-environment standpoint.
May be some waiting, ups/downs, but be patient, the exciting picture has not changed.
I, for one, will not hold my breath. While this company is super undervalued and has great potential, timeliness on events and reporting has not been it’s Call-ing card.
I will continue to add shares as I have the capital to do so.
The reality is based on their most recent report, we still have 83 recordable shareholders ...we need market knowledge that causes 1083 others to be excited and wanting to buy the stock hand over fist. That is what we are missing regardless of news.
Good sign, we are on a solid base foundation, with only 83 shareholders for the most part, holding large sums, we are all just waiting for the publicity.
Yes indeed. Another amazing point for me is they updated their shareholder count and it still only sits at 83, I expected a much higher level when it got updated, which means this stock is still nowhere near being known and 83 people are averaging 1 1/2 million shares. CEO Owns 5 million common along with his preferred.
I called SIRC recently, Angela was a major and important gap filler and still assists as needed. She was not a long-term solution. ...Which makes sense to me, Because as a part of my diligence, I went to her LinkedIn page and even though she helped them eliminate the CE Mark and get current, she never did mention the company on her profile. Everyone that has doubts and concerns should address them with the company personally, do your diligence, they are very open to discussion, I have literally been on the phone with them four times now, including the CEO. I will not divulge everything I hear either, but I got the answers I needed to step away from the cliff. I am doing my diligence.
When I start feeling nervous or curious, I go to the horses mouth. Too much cash involved to rely on a trading board.
In a nutshell, are they corporate amateurs...yes. Am I buying more, also yes....I think their drive, knowledge, and business model will overpower their lack of experience being corporate leaders. Besides, smashing 5+ businesses together and getting those to match and run in unison under a core mission is no easy feat even for veteran corporate leadership, as investors, there has to be a little bit of slack, if they’re not falling apart at the seams.
Of all the crap stocks out there making huge moves on rumor and no/little revenue, I am very comfortable here.
Also cannot discuss acquisition and up-list details.
It is getting that time for me...
I disagree, less than ever age volume, price not dropping, this is quiet loading as people get impatient and sell.
All, they did make money on operations, they have doubled indirect staffing (30-70) are paying lawyers, IR firms, auditors, etc., to get this ship off the ground.
I kept saying I did not expect to see an outright profit yet, it isn’t time unless they halt the growth.
So, no, no outright profit as, at least I expected. But revenue to support eventual solvency and profit was phenomenal.
Massey and Milholland hold an enormous qty. of shares and have not sold any...so, the heads of the company have motivation to attain a higher share price at a stable volume and low volatility...otherwise, They will never see anything out of those shares.
Short-to-mid term, Even if they issue all 250 million authorized shares, if they have revenue of 60 million a year and the share price hits a reasonable 4:1 rev. to share ratio, we’re at $.25 a share.
I still think one dollar is two years away, people are just getting a little bit impatient/hopeful.
So it begs the question, $.25 a share ....do you have somewhere else to put your money that’s going to net you 400% in the next few months? And then you can take that question again $.50, $.75 etc. over the next two years?
I read the fact nobody is selling as a positive sign, the buyers will come.
No news as catalyst today, only current holders were waiting for results for the most part.
My 2-cents.
No, that is not revenue. It is a positive in equity, but offset by liability.
Don’t be surprised if it’s after close-of-business tomorrow. May not see any market reaction until Wednesday.
Fair value without growth, if they start showing profit, is .25, so makes sense to me without seeing the chart.
Indeed, can’t blame them, sure is holding strong now though!
Gonna be some regretful people dropping shares under 6 today.
Gonna be this way until they report, I am happy if ask stays at 6+
October 20th. They just filed for extension to report by October 20th due to Covid-related delays in auditing.
No joke, he passed me up in 1 day, and I added 250k last week.
Alright, Who’s turn is it to call investor relations to inquire when in the heck they’re going to get their audit and results published?
No, all over the place.
At .08, I agree
Anyone understand the fact only 62 million shares are at the DTC? Does this mean there are really only 62 million in active trading right now? If true, the dollar board has over 1/3 Of true current float locked up.
Wow Ernie! Nice investment!
I am now at 1.355 million.
Wrangler1, LOL, It was like you sensed my question, I was going to call out a gut-check confession on the dollar board to see if anyone caved in the last couple weeks.
I have not sold either and actually have unreported substantial increases in share count.
MIC, you are correct, they are too excited about themselves... Which on one hand is a good thing because they believe in their company, on the other hand, exactly to your point, sometimes they will let it sit as the price drifts further and further and further down. Bottom line, revenue stream to market cap is well beyond 99% of OTC or more, this is as safe as it gets in penny world IMO. And they are growing.
Good morning! Quiet board today, calm before storm.
I agree
I noted that as well, only 30 FT last I saw.
I agree with all inputs and appreciate the discussion by all.
This should be a net positive, as someone mentioned, assuming the investment is sound and growth real...
In a “Show me” phase.
Yes, it is a dilution, but the lowest price they can offer is five cents a share. This needs to be followed up with some good news, high profitability, and explanation.
Everyone calm down. Bipolar? This is like the calmest stock on OTC, it has taken it weeks to drift down .005 cents on no news.
Go ahead, sell/flip. Don’t complain when your caught outside the gate.
I tried to smash, picked up 150k today before 10:10...
Now ask down to .06.
Let the record show, I just ate up all the .061’s and .0615’s
Also first I heard Mexico.
Nah, just bring the numbers...”In God I Trust, all others bring data.” E. Deming.
I bring in my own negative takes at times with balance.
Do not appreciate unsubstantiated window jumpers.
You are correct in one of your statements though...some do sit on here and cheer trading activity as the price drops lol.