"Before you embark on a journey of revenge, dig two graves" -
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.
$HDUP - as far as "end of January" is concerned. If past performance is an indicator then it should be late.
In the March time frame they tweeted that they were close completing an effort for a merger/acquisition and news should begin to flow. Then we did not hear from them until approx 5+ months later.
At the end of September, they put out an update on the major acquisition and said that they anticipated it being closed during the following 60 days. That would have put it at the end of November. It didn't happen.
Now they said the end of January so they have a few days but I suspect it might be late.
$HDUP - Insider never had a pump n dump on HDUP. That was debunked a long time ago...HDUP was listed in an article that had 4 OTC stocks as ones to watch.
The following is the supposed "pump n dump" by Insider. They clearly say it is not a promotion and if you look at their promotions they ALWAYS identify the funding person or party. This one is just their way of identifying stocks of interest for their subscribers. They do this every week or two.
https://insiderfinancial.com/4-otc-stocks-to-watch-epaz-hdup-opti-vtxb/182893/
From January 6th of this year. No one was pumping this. Fake news! Kellner's can't trade because they live in Canada and are under a Cease Trade Order.
$HDUP - so we want to change the conversation from the past when they, in your words were suspended, "my point is that HDUP was suspended" to filing status.
They haven't provided "audited" financials as those are not required of the Pink Current and they did mention moving to a higher tier which would require audited statements...remember?
The acquisition is a part of a major growth strategy that will leverage existing gaming operations on to the global stage and be part of the corporate finance strategy to uplist the Company to a higher tier exchange through a planned merger with a fully reporting Company.
Is there a suggestion that they should become OTCQB prior to merging with someone who is a fully reporting company? Maybe it's just best to let them do the merger and then you'll get their audited statements?
Maybe "audits" have already occurred? "After independent audits and private analyst reviews, it has been confirmed that the total value of contracts as part of this transaction are in excess of USD $180 million with revenues already being generated from multiple clients and acceleration of other new product launches."
$ATWT - I think we have to wait for the next report, the Annual Report to see if they've gotten any revenues.
The purpose of any company is pretty simple. You need sales and you need profits so that you can invest in your business.
To date, ATWT has not had sufficient sales to do either. So they sell shares.
Management needs to become focused on revenues, that is Step #1, then on creating a profit.
Lack of focus on these two will produce only pain.
$MWWC - this one needs to show that it can produce revenues. On Jan 26th they said there is still time to sign up for "reduced" fees.
The Annual Report shows no revenues, none. They need to convince miners to use their services. Hope this works out for shareholders.
$HDUP - I was thinking about the repeated misinformation regarding Canadians being able to trade. All but 2 insiders are in Canada and can not trade but some keep repeating the fake news that they are.
Look what's happening today, regarding the charts. MACD Line crossed the Signal back on Jan 7th and has not dipped below since then. RSI is at a very reasonable 63 - a lot of upside to this one.
The upper bollie keeps moving higher and the 20 day SMA crossed the the 100 day SMA back around the 10th.
"you don't need to be a weatherman to know which way the wind blows"
$HDUP - the Kellner's can't sell, they are under the CTO...repeating the same thing, over and over again, doesn't change that fact.
$HDUP - take a look at the charts. It hit a low in late December and after Jan 3rd it's been higher than that low. That's 16 trading days above the low, not one day...16 days above the low.
$HDUP - it's a matter of time and being patient. This one will pay off.
$HDUP - last I checked, using iHub quotes...767k share bought and 488k shares sold...boy you nailed that one. Wait a minute...that's bullish and not bearish...
Time to recalculate - this one is heading higher. imo
$HDUP - thank you for your note. I understand the real point. The inability to read is the point.
be part of the corporate finance strategy to uplist the Company to a higher tier exchange through a planned merger with a fully reporting Company. The effect of this merger will allow Canadian shareholders to have their positions become fully tradable
Again, you can invest in the past, prior to the new management team or invest in the future. Your call. That's the point.
$HDUP - maybe we'll get an update on the CEO's video presentation?
$HDUP Stay tuned for details on upcoming major video presentation hosted by Pres and CEO Doug Wilson from the company's new studios in its global gaming headquarters
— HeadsUpEntertainment (@HeadsUpHDUP) January 25, 2022
$HDUP - as far as "end of January" is concerned. If past performance is an indicator then it should be late.
In the March time frame they tweeted that they were close completing an effort for a merger/acquisition and news should begin to flow. Then we did not hear from them until approx 5+ months later.
At the end of September, they put out an update on the major acquisition and said that they anticipated it being closed during the following 60 days. That would have put it at the end of November. It didn't happen.
Now they said the end of January so they have a few days but I suspect it might be late.
I've worked for Fortune 100 companies for 20 years and this happens a lot. They announce that they have reached a tentative agreement to acquire a smaller company and they provide guidance as to when they expect the transaction to close.
I can't remember a single time in 20 years when it happened on time. It's not unusual. You can't control all of the moving parts to an acquisition so it's an estimate at best. It'll close, if not this month then next month. It really doesn't matter to me. If it's the end of the world for anyone else, sell your shares.
$HDUP - it's also in the last quarterly report
$HDUP and the point IS, not WAS, that they will do a reverse merger to make it possible for Canadians to trade. That's the point. Quit living in the past, the past can not be changed. You buy shares, not to invest in the past, but to invest in the future.
$HDUP and how about, NONE of them can trade during a CTO? Ever stop to figure that one out?
$BOXS - smart move...it will pay off in time...imo
$HDUP - I never said that...put up your proof. You are making this up. it's a lie
$BOXS so the VWAP number is what counts, the closing price can be a paint, up or down. The VWAP number for today is .0111 - closing price whether it is a paint up or down, doesn't matter.
$HDUP - Kellner can not dump shares, you should read the filings and then you will not have to rely on anyone else's guess.
$BOXS - maybe and then again, maybe not.
$HDUP - it's not a good one...it's a wrong one
$HDUP - how could Kellner "dump" shares when he is in Canada and under a CTO?
$HDUP if we only went on what you could see, we'd all be in trouble.
See you tomorrow.
$HDUP so you missed the entire point. I wasn't referring to, today and neither was the company's Update. They said it was coming, not that it had already happened. Don't be too poor to pay attention.
It's coming, that is the future...not the present and not the past. GL
$HDUP see everyone tomorrow...don't get distracted by lies and deceit this one will do well.
$HDUP - "Whether insiders have CTO stock is anyone’s guess"
If you can get to OTC Mkts website, then put in HDUP and then go to Disclosure and then go to page 7 of the document...guess what happens? A full list of insiders and their address (hint: it's Canada for all but 2 of them)
And then it won't be "anyone's guess"
Kelly Kellner 19.5mil shares - address in Calgary, Alberta
Kathleen Kellner 19mil shares - address in Calgary, Alberta
19992689 Alberta Inc - 18mil shares (under the tab notes it says Arnold Kellner)
Lynne Kellner 18mil shares - Calgary, Alberta
Douglas Wilson, 15mil shares, Calgary, Alberta
my bad saying it was 95mil, it's 89.5 mil shares listed with owners in Canada, that hardly suggests that it's "anyone's guess" .
$HDUP - you have to be kidding..."CTO is going away" is different than saying the CTO is gone. One is future tense and the other is past tense.
I never suggested that it had already happened. I was responding to your implications that the company was less than transparent and I suggested that was the past and most of what you complain about, is in the past.
That is the issue. Quit living in the past.
$HDUP - probably from funding...if they don't have access to funding how did they do the following:
To date, HeadsUp has forwarded approximately USD $1,000,000 towards this transaction.
https://www.otcmarkets.com/stock/HDUP/news/HeadsUp-Announces-Steps-to-Closing-Major-Acquisition-in-Gaming-Software-Sector?id=322651
and if you know what you said, then why are you misrepresenting it in posts?
It says "buyback" not share reduction...read it.
$HDUP - from YEARS before Wilson and Hutchinson came along and in case you missed the memo.
The effect of this merger will allow Canadian shareholders to have their positions become fully tradable and allow the Company to initiate a series of product launches in multiple sectors. These new revenue streams will begin in Q1 2022.
The CTO is about to go away, quit living in the past...
The owners of over 90 million shares live in Canada. They'll fix this...watch!
$BOXS - I agree with your post! Some very important lessons to learn on the OTC
1) stocks with opportunities will operate on a schedule, just because it's not someone's (poster's) schedule just means the poster is on the wrong schedule.
2) never wrestle with a pig, you'll both get dirty but the pig will enjoy it.
I agree with your post, we just have to ignore the pigs.
$HDUP - wrong, they can't the owners of over 29 million shares are under a Cease Trade Order (CTO), so they can't sell. You might want to read the filings so that your speculation is based on facts.
$HDUP - I agree, it's tough read. So I look at the Finra Monthly Volume share report to see if they (MM's) have ever been in the stock.
Then watch the trading to see why they are boxing the stock (on the bid and on the ask) if they get hit with 10k shares on the bid and run then they are not accumulating they are trying to push buyers up into their order on the ask. Same for the reverse.
The problem with this one is that on any given day, they can push it both ways and that is like trying to hit a knuckleball - it just keeps moving around.
And we continue to see some 5 digit trades which would indicate that shares that are in someone's account are trading for the first time. It doesn't mean we're seeing dilution just that we are seeing shares that have never traded and thus are new to the float. They could have been sitting in accounts and in the "unrestricted" column or or shares that were restricted and have now moved to the "unrestricted" column. I can't tell at this point and we won't know until the next filing.
I do know that out of all the "insiders" listed in the filing there are only two who could sell, Hutchinson who is based in Colorado and Van Dyke out of Florida.
All of the others listed in the filing are in Canada (their addresses are listed) and that means they are under the CTO (Cease to Trade) order. So Kelly and Wilson (CEO) and the other Kellner's have never been selling shares. They couldn't.
$HDUP - that isn't true "All that I said was that there are 2 ways...."
You mentioned the 2nd way and said, "My guess is the latter occurs".
My response is that it can not occur if we're going to see a buyback, a reverse split is not a buyback...it's missing that critical ingredient...."buy" vs a reduction of shares.
$HDUP - you can get the same thing from Barchart.com
https://www.barchart.com/stocks/quotes/HDUP/price-history/historical
$HDUP - a reverse split is not the same as a "buyback" which is the word they've used.
https://www.investopedia.com/terms/b/buyback.asp
A buyback, also known as a share repurchase, is when a company buys its own outstanding shares to reduce the number of shares available on the open market.
Companies buy back shares for a number of reasons, such as to increase the value of remaining shares available by reducing the supply or to prevent other shareholders from taking a controlling stake.
$HDUP - I agree
$HDUP - that was some time ago - quarterly reports and I have screen shots back to the end of March, here is what happened:
Jan 31st - 204mil (annual report)
Apr 30 - 219mil (qtrly report)
July 31 - 228mil (qtrly report)
Oct 31 - 229mil (qtrly report)
The increase from Jan 31st to April 30th had already occurred in March as I have a screen shot accounting for the increase from OTC Mkts.
So there has been no new shares since March other than the 1 mil add between July and October.
I think that's why you see the funding in July coming from the insiders and the CEO, he put up something like $700k.
$HDUP - good point, on 10-28 they said that they "anticipate" a formal announcement of a substantial corporate share buyback prior to the merger.
there goes my theory on buybacks... I still believe that the arrival of non-retail MM's is interesting and not by coincidence.
SPLN
VERT
PAUL
generally engage in moving shares - not sure why they showed up in January. They showed no activity in the Finra Monthly Share Volume report.
$HDUP - I was wondering if you ever heard any further details regarding this post:
"I am interested in the possible buy back," post 6332 from October 28?
I'm guessing that never happened?