Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
People Vine averages 298 visitors from Google search per month. Rounding up, that's about 10 visitors a day. Less than the average personal blog.
How in the world are they landing funding and a Nasdaq listing? Lol
People Vines average monthly traffic value is $202.
So they only wanted to accept Bitcoin while it's price was falling and decided to stop accepting it during the bull market? I hope for their sake that isn't the case and they're still accepting those payments. lol
Their net income for the 4th quarter was 0.29% of the revenue. This is probably going to $.0001
To be fair, I already knew all of this from reading the press release. They said they will be advertising at events leading up to the Super Bowl. I.e. unafiliated parties and other events prior to the super Bowl.
They didn't even say they would be at said events during the Super Bowl; only before it takes place. All the more reason to recognize they don't intend to advertise at the Suoer Bowl. That's why you don't see them on the list of advertisers at the stadium. Lol
There's always some extra tricky wording in ACGX releases. The continued use of we are not considering reverse splitting the stock "AT THIS TIME" is today's new one.
Swirling? There have been two discussion posts there in the past 35 days, neither of which involved any interesting rumors. Theres absolutely no talk of interest swirling there. That page is pretty much dead and forgotten.
Being that it has been widely theorized that the toxic notes were some sort of kickback scheme, I always wondered if ACGX would announce some sort of business failure or inplosion of revenue after they were paid off. Followed by an out of business announcement.
Announcing handing over their clients and a substantial revenue loss, seems like that may be the beginning of the end for this one. This is borderline closing up shop at the expense of investors.
First they stole away PeopleVine by making it privately theirs, now they are handing over their clients for the trucki g business. There's nothing left really.
Announcing something like this when toxic notes were at or near completion is exactly what I previously stated would confirm this as a likely scam to me. Even if the tricking business was fake it's gone now. Paying of the notes was just a dangling carrot.
That should mean the D is gone! Yup, definitely removed from the board as well. This could be go time
JBZY saw a massive run up inprice after their first stop sign. Well, at tht time it was still DOLV. It will be interesting to see if they have it removed again followed by another surgery to the upside.
You make a very good point there. While it is nice to see that they are able to attain a credit line with a real bank, it's annoying to see them immediately opening a $2 million credit line just as debts are almost paid off.
Also a bit unnerving to see an opening of a credit line as they report their largest unverified financial information report, while simultanepusly claiming to have a major new deal with a larger trucking company that will both decrease operation costs and increase revenue.
With over $18.3 million in revenue claimed last year, and over $10 million in claimed revenue almost every year for a decade, do we still trust that they do not get a certified audit of their revenue claims because they need to save money?
Tons of companies have audits completed that don't even see half a million in revenue annually.
I hope for everyone's sake invested, that they pull an audit surprise and prove their claims to be legitimate. That would really help bolster confidence around here.
People have been claiming no dilution from ACGX from as far back as when there were around 1 billion shares outstanding. Now with nearly 2 billion shares outstanding the no dilution narrative seems unlikely.
It's highly likely that ACGX management is further diluting to pay off debts. On average they have diluted at a 3 to 1 rate for note amount. With everyone saying that there is about $50k left in note holder debt, that would be around $150,000 in further dilution to pay that off if they keep up the same pattern.
Honestly, the best case scenario would be that it is them because if not, if past precedent for paying off debts cotninues on, that dilution would still happen eventually at the same rate.
Gotcha, thanks for the clarification! That definitely sounds better to me. Lol
I hope I'm mistaken but it definitely seems like that is an apartment building. Why would a billion dollar company in China set up its new office in a suite within an apartment building in Manhattan? This is the building: https://streeteasy.com/building/277-west-11-street-manhattan
You're missing the key point in your statement. The reason it ran beyond $.10 with this share structure, was over speculation that billions worth of dollar value might have been rolled into JBZY. If said dollar value was rolled into JBZY and confirmed through audited financials, this should be able to run to multi-dollars.
Now, as the deadline for the report draws near, the rhetoric is shifting toward JBZY having a need to reverse split to attain dollars per share. If they need to reverse split to attain dollars per share, there was absolutely no significant value rolled into JBZY in Quarter 4 2017.
We can't have it both ways here, either a reverse split is not needed to attain dollars per share with current share structure after Q4 financials show billions in dollar value, or a reverse split is needed to attain dollars per share because the speculated billions in value were not rolled in.
If you believe a reverse split is needed to attain $1+ price per share, that means you also believe that there was little if any significant value rolled into the shell.
With today's share count this managed to run well beyond $.10 with relative ease. The general consensus was that if multiple billions of dollars in value was rolled into the company, that would justify a price per share that could easily meet NASDAQ pricing requirements for up-listing.
Why then is there a spreading narrative that everyone's shares have to be divided by 100, leaving them with 1% of the share count that they previously had, in order to meet the price per share required? Suggesting that a 1:100 split was inevitably needed to make it happen, also suggests that it is inevitable that we will learn that billions of dollars worth of value was not rolled into JBZY and will not be reflected in the Quarter 4 2017 report.
I hope for everyones sake here, that the Q4 report does indeed reflect such an unlikely windfall.
I hve seen various posters saying that Wang having the 1.25 billion preferreds could be a good thing as other companies are brought in and partnerships are made but your thoughts on all this seem like a far more likely scenario.
In your opinion, barring the doom and gloom scenarios that are most likely, looking at this from a positive angle, how exactly could Wang keeping 1.25 billion preferreds untouched end up surprising us all and being a positive situation post reverse split?
Yeah, it's very difficult for me to understand how anyone believes that the idea of Wang being able to convert 1.25 billion shares, vs. the little more than 8 million outstanding, would be a good thing. This seems like a simple setup for a full Wang takeover of the company leaving shareholders with around 1% of the company in the end.
Why would he give up the opportunity to so easily own 99% of his own company? Are people just banking on the hope that he'll let common holders keep a similar percentage to the current value, just out of the goodness of his heart?
The lack of any news prior to the likely completion of the reverse split, is starting to make a whole lot more sense now. No reason to release news before owning almost all of it.
True, some of the biggest percentage gainers I've seen, were after the reverse split. There was one about 5 or 6 years back with the same doom and gloom rhetoric we're seeing here now. Everyone kept posting about how horrible reverse splits are an how they always hurt investors and then after the reverse split it ran an additional 3,000%+.
If the Q4 Financials show billions, this should be no different. A fun gamble if you aren't betting the house. After reverse split, if the financials do show that we're probably talking over $100 per share and a Nasdaq listing. Only time will tell.
Not a rumor. The IBM announcement about Stellar really got the ball rolling here, starting in October. Mentioned in Fortune here: http://fortune.com/2017/10/16/ibm-blockchain-stellar/
Keep in mind that he did that through his "negotiations" and stated there will be more negotiations to come.
So if Paul's a mam of his word, I'll be looking to buy back in in the $.0003 to $.0005 range and hope the debt actually is wiped out by then and these unaudited financials are real.
It's a shame the most interesting part of this company was taken private.
Lol, you're making me think of another time period tho year when posters were trying to use a 2 week time period in which the share count didnt change, to say dilution was over.
ACGX diluted nearly half a billion shares in the first 6 months of this year and have less money in the bank than they do debt. Most likely there will be some more solid dilution to pay off notes and at current pps, that would be a massive amount of shares. They typically give away three times more worth of shares, to pay off the dollar volume of a note.
I.e. $1 note debt = around $3 worth of ACGX share dilution.
Unless there's major news, this will probably be sitting at $.0005 or worse by the time the next Q hits bit of suspect they'll get something out there to liven things up before it does.
You're right! Alert went out about 30 minutes ago about the FRLF alert being on the way. Also an unpaid/clean promo.
I gotta be honest here. A key reason for ACGX struggling is that almost all it has going for it are the quarterly and annual reports. The reports sound great at face value but then you have to wait for months of historically inconsequential press releases, like the design of a new box, or announcements that mention partnerships that provide no numbers to explain if the partnership helps them monetarily or if they meant that they are just friends with the other company. This sort of lack of detail leads to traders wondering how many shares were given to an investor by ACGX when the official statement was "some"?. Remember that one? I hope it was covered in the report.
The lack of a run today, is very bad. This was the moment that people waited three months for, knowing full well that if it didn't run big, there would likely be a steep sell-off.
The only way this recovers in the near term is if there is a major announcement within the next 3 months before the next quarterly report. So just at face value this is really bad but then you have to add the fact that there is another $173,000 in debt and only $142,000 in the bank. A.K.A. most likely, on top of all these factors that will already drag the price down, the company will likely be further diluting to the tune of hundreds of millions of shares to pay off that debt.
So while reeling from there being no run on the Q report, there only being less in the bank than there are debts, and the fact that there will almost certainly have to be some serious dilution to pay debts down further, this will likely be dipping well into the .000's before the next report that is three months away.
Did they explain how much ACGX owns of PeopleVine in this quarterly? I haven't even had time to read it yet.
I don't have any way to view the incoming traffic generated from their paid campaigns outside of their paid search campaigns on search engines. THis information I provided is just the organic traffic they are receiving from people searching terms on search engines.
Alexa can give a better idea of overall traffic, though their records haven't been certified by PeopleVine, so they're estimations:
https://www.alexa.com/siteinfo/peoplevine.com#?sites=peoplevine.com
It is a bit disconcerting that they've seen around $90 million in revenue since the start of 2010 and only have $142,000 in the bank.
The money in the bank is less than 0.2% of the generated revenue they've reported since 2010. But slow and steady wins the race I guess...
I don't even know. I'll have time to check out some of their backlink info after work but for now I see they have lost 198 terms they were listed for over the past 2 months.
September 17th they were listed for 975 terms.
Today 11/13/17 they are listed for 777.
I would say it's possible that was some sort of penalization but they had otherwise been doing very well previously, mostly a stead incline from the following:
March 12th 2017: 531
All the way up to 975 on September 17th.
So it isn't all bad, could be the general ebb and flow of things. But one of those 198 terms that they were de-listed for could have been a heavy lifter for their site activity, since they lost over 24% of their search traffic in the past month.
PeopleVine's Organic Search traffic from online search engine's is cratering as per ahrefs. I'm actually pretty surprised, I was expecting them to move up pretty well.
It was showing serious promise a few months back but then again competition is pretty fierce for CRM's. There's always more time to bounce back:
On one hand I really like that they haven't diluted in almost 2 months. That could suggest that maybe, just maybe they won't have to further dilute to pay down debts.
But at current price if they do continue to use dilution to pay off the final $173k in note debt that could mean over 520 million more shares printed to get it done and I somewhat doubt that they will refrain from diluting.
Time will tell.
I've been noticing you mentioning that a bunch but haven't looked into it. What exactly are the 9 plates you're speaking of?
Absolutely not but you already know that
JBZY
-------------->Claims DD shows that you souldn't invest in JBZY.
------>Refuses to provide supporting information that would support this claim because said Due Diligence did not exist.
On the other hand the real information that is readily available is highly supportive of the reality of what is going on with this company. This is one of the few OTC stocks where the yays seem to always come through with boatloads of information and countless sources while the nays just say, well..."nay." But in bold with exclamation points of course. lol
The more I see JBZY dissenters dissenting without providing fact based properly sourced information to explain their positions, the more I realize JBZY truly seems to be a diamond in the rough.
Haha, highly unlikely but it's fun to believe in fairy tales. The A/S is already more than two times the outstanding share count, so the odds of an imminent Authorized increase are slim to none.
Awesome, perhaps there will be a major surprise and it'll be 100%. lol
Probably why they terminated reporting to the SEC 8 years ago. No trouble when it comes to things like this.
Hey sorry headsortails2066, I just saw your post. It's not online because it was a secret pick released via email this morning. I took a screensho of it for you. *Edit: I was keeping the entire message in the pic so the date, time, and disclaimer would all fit but I see this makes everything super tiny, even when zoomed in, so the full pic is below and a more zoomed in one can be found here: https://ibb.co/bSzZCb
I think that by secret she means that it is information currently known only to insiders as the general public and investors are currently left in the dark.
I enjoy your uplifting positive spin on things but just wanted to interject because the idea of posting proof of a secret is a little ridiculous. Like you would need something along the lines of an email from Paul Sorkin saying "ACGX owns X% of people vine but don't tell anyone because it's a secret" and then screen shot and post it.
The not so secret reality is that ACGX used to own all of PeopleVine and now it doesn't and no one knows how much of PeopleVine ACGX owns if they aren't an insider, or have been told by an insider. I guess the best way to show that it is a secret is the fact that there currently is no publicly available literature to provide an answer to the question of that ownership percentage.
The red flags keep stacking here but hopefully that question will be answered in the Q4 report or earlier via press release.
I was way more enthused by ACGX before they took away the most interesting arm of the company and made it private :/
That "minuscule amount of shares" is 54 million shares currently worth over $4.38 million dollars. That value alone is greater than the entire market cap of most Pink sheet stocks. I think the fact that they would like to have those shares cancelled to bolster shareholder value is EXACTLY what a legitimate company that wants to bolster shareholder confidence, should do in this situation.
Holy cow! And also, this has been fully released as a Penny Stock Dream Platinum Member pick this morning. Entirely clean/unpaid awareness alert on FRLF out, so gonna be a lot of eyes on this one considering that combined with the news!
Being that essentially the only reason people are invested here is the unaudited financial information, the amount of PeopleVine owned by ACGX is important.
The more they own, the more it directly affects the balance sheet. You can't tout the strength of their quarterly's while simultaneously discounting the percentage they own in PeopleVine, when that percentage should hold a direct impact on the information within those reports that you're so excited about.
The only reason that PeopleVine isn't all that much of a concern currently, is that last I checked about 2 months ago, less than 80 websites had their platform involved for public view but I'm guessing its edged up closer to 90 by now (I hope). With that noted, most of the claimed revenue is not from PeopleVine anyway, so there may still be some solid gains shown for Q3. Borderline guaranteed since they dont have to show the SEC and also don't audit.
It also occurs to me that I believe if a company has $10,000,000 in claimed assets, they have to audit and last we knew of, there were over $6 million. I'm interested in seeing if their claims somehow always come shy of the $10,000,000 mark because they're hiding information, or if they'll finally have to audit and prove themselves because if they do audit and prove their claims, i think ACGX could be a beast next year.