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Go say hi if you get a chance? Wish them loads of good fortune lol.
That will be really awesome. Thanks!
Let's turn this car around. Been stuck in the wrong gear here IMO
Awesome news! CGUD
Thanks PP. out of powder for now. Go LFAP!
Added more at 1.36. Will sit on it with the rest of my position for couple months at least.
SNGX-- I have sold my entire position in SNGX. The announcement of the financing and the terms are not in the benefit of the company and I believe it will have a negative impact on the share price. From the 8K:
“The purchase price of the shares will be equal to eighty percent (80%) of the lowest daily volume weighted average price (VWAP) of the Common Stock for any trading day during the five consecutive trading days immediately following the date of the Company’s notice to the Investors requesting the purchase.”
So let’s say that the company instructs these financiers to buy shares. What they will do is look at the next 5 day period, find the LOWEST VWAP, and then get to buy at a 20% discount. So if the stock trades in a range from $1.50-$1.60 over a 5 day period, and the VWAP is $1.53, these financiers will be able to purchase their shares at $1.22. Once they own the shares, they just sell them into the market for a quick 20% profit. This is by far the most caustic form of financing and suggests to me the company was unable to secure alternative forms of financing at this time. The unexpected paid promotion and toxic financing has changed my thesis on this company and I have taken my losses.
Someone take out those 15s and we can gap up to hover around 20s imo
Awesome guy overall with a vision and passion to execute it. Killer combination. Nowhere but up guys
Congrats longs to those who held. I sold out early. Happy for the rest of you here. Glty.
I'm locked and loaded here but I never say never ;)
Glty
What's taking Chidoc so long !?!
lol.
So where are we on this? Still in the 4s? Saw that 5 popped their head for a little bit this morning.
Will check back next week.
Thx can you provide a link?
Since last how many months? Lmfao.
Global warming is melting all the glaciers. Plenty of drinking water for the world lol. Selling water in China. Lmfao.
Awesome stuff Trent! Go $OWOO!
Good for you Robert! Hope you enjoy the role.
Sylios is still alive lol. Compensation to Artemis reduced and per unit cost also decreased. Weeeeeee.
Good luck bud.
You should sell it.
People here who've large positions are going to be disappointed here. Tread carefully with smaller position here IMO. Plenty of time to buy back if there is s 3-tick run. Lmfao.
Me starting to post on a board and following the board by reading posts are two different independent mutually exclusive things. Do I need to spell out things to you at this level now? Jeez.
Ok marked it. Talk to you end of next week. You'll be in trips.
Longs not yelling from top of their lungs to buy? Ridiculous. Don't make me take names. Some people are already in iHub jail who belong to that camp.
My point is don't promote the stock if you're yourself not buying more. Too many shares here so obviously you need more sheep to buy this pos to pray and hope it goes up a couple ticks.
They DID post pictures of the product in production and testing phases: https://www.kickstarter.com/projects/836885498/printwifitm-mobile-device-printing-wherever-you-ar/posts/1056072
I picked up some more Friday. News soon IMO. With the new office etc.
Longs here keep telling newbies to buy buy buy. But I don't see them buying themselves. Not much volume here with red close. All promises of great things to come are from posters only. What the company actually reports here remains to be seen.
I've a small position but I'd would not risk a large position size since this can go south quickly. All IMO. Take care.
I think this is not all that bad. Investors are going to get a 20% discount which is not unheard of IMO. Also the company can control when to ask them to buy stock so the current pps at the time will determine how many shares that will be added to the OS.
Question: when can the investors sell? I don't think I saw that part.
What does your post even mean. Discounted cash flow analysis is a method of valuating a company. Ever read anything on trading besides message boards?
Confidence of the board is naturally shaken up a bit and I don't blame anybody for that. Not even a paint job for 8s at the close. People are tired from moping up all those shares that hit them on Boreal. IMO.
Thanks the note. I hear you. At least he responded to your message. Let's see.
Month end is tomorrow unless I forgot to read the calendar waiting for news here lol.
Please don't tell me this was a joke you're pulling on the board lol.
Thanks Abe.
Highly doubt it. Dray industry is highly regulated. This is the transit from port to a deconsolidation warehouse where product is transferred from ocean containers to on road trailers. Walmart has their own trailers (trucks) but they need someone else to transfer the cargo from containers to their trucks. All IMO. Have reached out to a couple folks at Walmart -- will update if I hear otherwise.
I know that someone pumper
See page 2 for transit times from China to west coast. Avg is 15 days.
http://www.maerskline.com/~/media/maersk-line/Countries/int/Routenet/pdfs/2015-east-west-network/asia-to-north-america/asia-to-nam-rev-5-v3.pdf
Emma seems like is faster but doesn't even currently sail to the U.S. On the current route. Going to Europe and then back to china.
It's not important what I'm saying since we don't know how they're getting them here to the U.S.
However, you CANNOT sail to the U.S. From China in 3-4 days. 15 days minimum on a premium service. Then you unload, go through customs, transfer product to another carrier that will truck the dolls to Walmart DCs. From their, sort and then another truck to ship them to stores.
Then BOOM!
What is Maersk going to do? May be shave a day here or there. Biggest challenge right now is the port congestion on US west coast. I do this for a living bud.
Are they flying in the dolls or sailing them on ships? If sailing them, takes about 18-20 days to get to LA from China.
Less than 5 mil on the ask at 5s. Bid sitters need to move up to 4s now. No ones going to give you 3s you know.
He is a good one Robert. No doubt.