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.
They received free stock. Thats why.
The market has spoken it’s opinion of stupid Rory. He makes the worst deals I have ever seen. Lol.
Ahahahahaaahahha thanks for that. It still cracks me up so much.
Lol Rory is so dumb. It’s incredible.
Yea thats why I put the “probably” in there. Since it doesn’t even seem like a done deal it wouldn’t be necessary.
It probably should have been. Rory doesn’t care for SEC rules.
I mean yea, that would be good news.
Everyone that was screaming no dilution and no RS was dead wrong.
Its not really news though. Its just more “we hope to do this”
As of August 14, 2018, 153,698,043 shares of the issuer’s common stock, par value of $0.0001 per share, were outstanding.
As of November 14, 2018, 180,832,359 shares of the issuer’s common stock, par value of $0.0001 per share, were outstanding.
Ha just realized that... they diluted 27 million shares this quarter.
You are welcome Stockseekr.
I guess if they announce Microsoft and Salesforce tomorrow they could try and stem some of the bloodbath.
Subsequent to September 30, 2018, the Company issued $1,900,000 in convertible notes netting $1,614,480. As of November 14, 2018, we had cash of $1,326,805. We expect to use the proceeds of the notes:
?
As a bridge to fund our operations prior to the consummation of the contemplated underwritten public offering of our common stock in connection with our NASDAQ listing application (although we cannot provide you with any assurance that the contemplated public offering will close or that our Common Stock will be uplisted to The NASDAQ Stock Market);
?
To provide additional funding as required for our pre-closing integration activities in connection with our pending acquisition of Sound Concepts, Inc.;
?
To fund the ongoing costs associated with the integration of our software with the Salesforce.com, Inc., platform;
?
To fund the ongoing costs associated with the integration of our software with Microsoft Outlook, Microsoft Dynamics, and the Microsoft Office 365 platform, among other ongoing initiatives with Microsoft Corporation;
?
To fund the ongoing costs associated with the integration of our software with the Odoo platform;
? To fund our ongoing development costs associated with the adaptation of our notifiMED product for certain clinical trial initiatives;
? To fund our ongoing development costs associated with the development and adaptation of our notifiLIVE for Facebook Live and Instagram users; and
? To fund our general corporate working capital needs, including the costs of additional staff to facilitate the foregoing initiatives.
This will get pounded by shorts on the Nasdaq. Sykes and team are salivating at the opportunity. And if there is ANY dilution at all after the RS it all comes crashing down. Its a big gamble and a fragile stock now.
Its in the filing
I suppose Rory will be out doing damage control.
“One or more reverse stock splits of the Company’s issued and outstanding shares of Common Stock at an aggregate ratio of not less than one-for-five and not more than one-for-40, within the discretion of our Board of Directors, at any time and from time-to-time prior to September 30, 2019 (individually or collectively, the “Reverse Stock Split”);”
Anywhere from 5-1 to 40-1... its going to be 40-1 and honestly that might not be enough to get it to Nasdaq. So they will push through another one or a higher one.
Death spiral begins.
I’m really never this much of a jerk (I know I have been on here)... Rory and several shareholders personally threatened me and were just generally nasty. Therefor I responded in kind.
I’m sorry for your loss here. Never had a problem with you.
Its going to be a race for the exits tomorrow morning at 9:30 am EST. Better be awake so you can TRY to salvage some of your money. 40 - 1 RS Coming soon.
Rory is an idiot.
None of you can say you weren’t warned about this complete fraud and joke of a company with its BS artist CEO.
Rory lied to you all about the RS and screwed you all. Once again.
REVERSE SPLIT AHAHAHAHAHHAHAHAAHHAHAHA
ALPERT is right once again!!!
LMAO death spiral coming here
There is no after hours on OTC stocks. You are probably looking at a t-trade.
There is no AH
Hey maybe this was a good call.
in the next 10 minutes? lol .42 is going to be the close. And let's wait and see what's going on after market.
No chance
I have no idea where the stock price will be at the close of Friday. I suspect lower than it is today, however I don’t know if Rory is going to reveal the RS before then or not.
I do know that long term this stock is a loser. And your dreams and hopes of retirement are akin to people who believe that when they buy a lottery ticket.
I have never been wrong on this stock before.
Nope. It was still untrue at the time. Now it has touched .40. Sure.
Lol. No .40s are not here yet. And no its not “thin to .50”... nothing you said is true.
Because they are due today and they didn’t come out this morning