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nope
What I meant by the statement is access to the cash they need till profitability.
A number of people (including me) have speculated that Jonway and/or Skywell have promised the availability of the funds needed, as Imperium's success is THEIR success!!! Makes sense to me!
if you say so. lololol
Okay, so "can't even sell a million shares", but
"insiders and toxic lenders are selling their dilution shares which will be millions."
Contradiction #42. LOLOL
In fact, a few million sold today, and PRICE WENT UP!!! LOLOL
In fact, I could have EASILY sold a million shares today, IF I WANTED, WHICH I DON'T!
In their conference call about a month ago, the CEO said they'd decided to keep both entities as one and not to sell a portion, because they had the cash they needed to profitability.
"worthless two cents" ????
That's $20,000.00 for every million shares one holds.
Two cents ain't worthless at all! (unless one doesn't hold any shares)!
LOLOLOL!
I FOR ONE have made many thousands, and I'm long!
But you said "longs haven't made a dime."
Your post is false.
"Worthless two cents." LOLOLOL
Depends on how many shares you have. That's $20,000.00 for every million shares you hold! NOT little money!
But maybe that's just me! LOLOL
What chart you looking at?
Closed at $ .32 even. So, apparently you were incorrect in your prognostication of "under .32."
LOL.
But you only lose if you sell now. Because the climb continues tomorrow!
Just don't sell your 36's! lol. Have a little patience! This is day 2 of a 5 day climb!
Well this is one bagholder that ain't dumping a single share! LOL!
Oh really? Tell us more. BWAHAHAHA!
Couldn't have said it better!
Just chill. Things don't necessarily happen in the first 5 minutes after you buy! This price is FOR SURE going up, you just can't determine WHEN down to the minute! LOL
We can thank the CEO who tied in with Rick Curtis who has built and is building a world class North American EV dealership network! LOLOL
The pipeline's been laid and it's JUST BEGINNING to flow with vehicles! Look for 4 - 5 TIMES as many vehicles within 2-3 months!
Once this train gets rolling, it's going to be hard to stop! LOLOL
Once the pipeline gets filled with orders, they're going to arriving a couple times a WEEK!
I've already said, it's going to be hard for Imperium to keep up with the orders! Fortunate that Jonway has already bought a factory which is meant to be dedicated to orders coming from North America. AND they're adding on to that factory... AND they are ready, willing and able to add a second shift, which I think they're going to need to do sooner rather than later!
Be sure to let us know! LOL
And notice how the little bit of dilution does NOT take the price down! If this were toxic, we'd be in a nosedive, but NO! VERY RESPONSIBLE AND FRIENDLY!
You got that right! No pump here; real news!
WOW, No news for over a week! LOLOL
Gotta admit, we ARE spoiled with news. DSGT is VERY transparent, updating us with every REAL material event! And those material events are coming fast and furious!!! LOLOL
Thank God for what little dilution there is, or nobody would be buying shares at this bargain price! But it isn't going to last long! LOL
Nope. I think you need $2,000 to open an account, and they'll give you margin ability when you apply for it.
You can't use margin to BUY otc stocks (at least with TDAmeritrade), but you need margin so that your $$$ is immediately available when you SELL an otc stock (rather than wait 2-3 days for the $$$ to clear).
Re: OTC stocks, you need to have a margin account (margin trading ability), which will allow you to trade (or even withdraw the $$) THE MOMENT after the sale goes through. I'm with TDAMeritrade, and margin is something you have to request, but is usually easily granted (maybe unless your credit SUCKS)!
Anyway, I look after others' accounts, and ALWAYS tell them to apply for a margin account. Retirement accounts can not be margined, so those trades will always take the 2-3 days to settle.
Thanks, I've had great mentors (and the picture IS a couple of years old)! Hahahaha!
I'm bullish, but of course I don't like the dilution. But 90M, 100M, 120M makes NO DIFFERENCE when the Experience Center comes online and the hoard of new dealers start making their orders! PLUS.... no doubt the busses will be sold by dedicated salesmen, who will, within 3 years, be making one helluva living!
When the Showroom goes live, price will be 2-4X what it is now, and the shares needed to pay off all debt and cashflow the business till the end of qtr 2 (expected time of positive cash flow) will be 1/2 - 1/4 what it is at today's price.
Re: dilution: NO TOXIC CONVERTIBLES! THAT is a BIG DEAL! (40% discount to smallest price over last 30 days BS). The preferreds which are convertible are at MUCH MORE DESIRABLE prices.
I'm thankful to be here at the beginning!
Don't have the foggiest idea of why you keep deleting this post. It is NOT breaking the terms of service! I'm simply referring to information regarding this company.
So does this sound like ANYTHING a DSGT employee in Investor Relations would say?
I ASKED ABOUT INVESTMENT BANKER FUNDING AND HE SAYS JOSEPH GUNNER FROM 2018 DUMPED DSGT CONSIDERING DSGT NOT A VIABLE COMPANY.
DSGT STILL CANNOT GET ANY TRADITIONAL BUSINESS LOANS BECAUSE IT HAS NEXT TO NO REVENUE AND ALSO ONLY 6 MILLION IN ASSETS WHICH IS NOT ENOUGH FOR COLLATERAL.
EVEN THE CHESAPEAKE IR COMPANY DUMPED DSGT IN 2018 BECAUSE IT WASN'T FOLLOWING THROUGH ON THEIR CLAIMS AND CHESAPEAKE IR THOUGHT DSGT WAS MISLEADING ITS INVESTORS.
Really???? And this is supposedly an "impartial" interview? And supposedly with someone in INVESTOR RELATIONS??? Look, I'm young (look at my picture), but I WASN'T BORN YESTERDAY!! LOLOL
Chinese prize personal relationships in doing business. They have known and been working with RICK CURTIS (Imperium president) for over 30 years from what I understand. THAT is why Skywell and Jonway are so willing to sign deals with him. THEY KNOW HIM!
Yours isn't an "official update" by the way! LOLOL
Don't have any idea why you would refer to it as such. smh!
Well OBVIOUSLY they're just for show! DUH! It's called a SHOWroom! LOL
And YES, it will take time for deliveries, as they ARE coming from China! I once ordered a brand new American made car, and it took 6 WEEKS to get it!
So, nothing negative there!
Once the pipeline gets filled (ie: once the first fulfillment deliveries occur), deliveries will be occurring almost weekly, most likely.
So yes, it seems slow at first, but we are at the beginning of what is quickly becoming a continent-wide dealership network of top-of-the-line EV's - with over 30 models to choose from. WHO ELSE can boast that?
Glad to be here at the beginning!
PS. Thanks for trying to be so impartial! LOLOL!
"Last time I spoke with Rick a few days ago. (RICK CURTIS - President, Imperium Motors)
Quote:
Rick confirmed website is down because they are working on the new site. That should be up in the next day or so he said. First large shipment was set to arrive on 12/5 but got held up in customs. On 12/19 the first major Jonway shipment will be here. That will have a bunch of cars in it he said. He also expects the next large shipment to arrive on 12/25. He just spoke with Jonway and Skywell yesterday on the phone and put in (get this!) 2 more large orders which include the TerraE truck as well as buses. I told him I thought we were a year out on the buses and truck and he said no way. He was told that they will be built, shipped and delivered by Chinese New Year (Feb 12, 2021) That is a much faster timeline for those vehicles than previously reported. I told him that once we get pictures of the high speed vehicles and the SUV in the showroom the SP will be over 1$."
You said it BROKE support, but it's quite the opposite.
To BREAK support means it dipped below and stayed below.
To HOLD support means, even if it dipped below, it rose back above and finished above... WHICH IS EXACTLY WHAT IT DID!
It's good to use terms properly! LOL
I think things with Imperium are actually moving FASTER than what Rick & Bob anticipated! And by that I mean the dealers and buying interest! I think they already have municipalities interested in taking a hard look at the e-bus. What will they cost? Maybe $1 MILLION /apiece? Imagine a town/city buying 10 at a time! And when the pickups and SUVs arrive?
SHUT THE FRONT DOOR! Explosion in price!
People bringing up the DELAYS, but how about what's been ADVANCED in time?
Like: The e-busses coming early next year (originally said late next year), and the e-Pickup? Coming first quarter, originally said 2nd or 3rd quarter.
Anticipated TIMING is NEVER a sure thing, so it's kinda disingenuous to pick on something not happening by the anticipated time. I for one appreciate the fact that they HAVE a goal as to when things will get done. So far, I've been seldom disappointed (didn't say never)! LOL
By this time next year, DSGT could easily have a $$BILLION$$ market cap! Yes, that's right, a $$BILLION$$$.... maybe even more.
The future of Imperium in one year could easily be: 200 dealers all over North America, each ordering 20 - 100 vehicles MONTHLY! Cities all over ordering E-busses, the Rover e-bike becoming THE bike to own. Need I go on!???? The pickup is all the rage. The SUV is THE must have vehicle in California, and now spreading to the rest of the continent! Hundreds of golf courses ordering the single rider golf cart, and TAG to go with them!
I could go on. You don't need much imagination to see where this thing could go.
The deficit has NOTHING to do with anything! LOL. Do you know what the deficit is? It's not a loan that needs to be paid back, that's for sure!!
If it goes to 150 million by the time Imperium opens its doors and starts taking orders from its 58+ dealers, this ticker is going to $1 - $1.50. If the share count is any less, it'll go higher still!
Oh, okay! HAHAHAHA! Best "scam" I've ever seen!
Nothing bad to say about Imperium Motors?