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lol. You said that few months back too. Still in low $2s
Let me tell you one rule of thumb - when co is diluting which Todd certainly is here, TA means little. If they keep dumping shares, RSI could go to 5 and stay there for a while before stock sees any rebound. Market has time on its side and deep pockets that retail just simply does not. Hence position size accordingly imo. Don’t bet the farm on this one. Might end up very badly. Glty. $DPW
I don’t know man. I’m not your science guy. Several more informed posters on this board from that perspective. I’m just saying that reverse mergers are VERY messy. This co by itself has seen a long continued downtrend. Throw in a reverse merger which is notoriously famous for eroding market caps from the time merger announced, and you’ve got a perfect storm. Tread carefully. That’s all.
What timeline we talking about there? I want to make sure I will live long enough for that event to happen in my lifetime
Because IPOs are expensive. Get all the accounting audited, road shows, underwriters, all that stuff takes money and time.
Tread this one carefully imo. Marker was likely looking for a public shell to merge into so their path to going public is compressed significantly. Tpiv was able to offer that to them so they’re reverse merging into tpiv ticker. I don’t know much about this one but in general, reverse mergers are very messy and shareholders almost always end up losing a chunk of market cap. If you want examples. See charts of WPCS and Drop car merger - now trading DCAR or IFON and Cooltech merger now trading as IFON. Look at their daily charts prior to and after merger. Or see ETRM merger with I forget the name but now trading RSLS I think. Same story here perhaps.
Agree with L2
Been telling you. Nothings going to come of this ticker imo
Yeah the pig is well done. Stick a fork.
OS is 2.2M. I guess to ask you to read filings is a stretch. I get it. But at least read simple text posts on this board. I gave you my DD for free. OS number mentioned in there. $IFON
Vern Loforti cfo
Wow. Gotcha gl
From trading?
Yup. I’m adding here. No brainer to me. $IFON
Ok I’ll give you a freebie. I just got off phone w/ co. They confirmed Os is 2.2M. Confirmed recent investors got in at $10 per share range. They have deep pockets. Believe in company strategy and will be providing continued funding to execute. Just yesterday co had meetings around name change. New IR, new website, name change all coming soon. $IFON co did $5.3M in rev just last Q. Current MC is $7M. Pps yugely misaligned.
Closed green today with bids creeping up ah. Tomorrow should be fun imo $IFON
Grapes are sour? Learn to trade. $LMFA
All sorts of bad news is baked into this current pps imo. Mgt plan remains to be seen when they’re ready. Lots of potential $AKTX
Told ya. $LMFA
What a bunch of idiots mgt has been. Face palm
Why should I do dd for you I don’t understand
Go ask the co.
pump coming. be ready IMO $IFON
see what I just posted. Think they are getting rid of the stupid verycool business and keeping the Apple relationship + bringing everything from Cooltech side. This will be a solid turnaround IMO.
OS 2.7M.
Nothing
$IFON still waiting for 10Q but based on their NT filed, they will do around $5.3M in rev just in Q1 and co market cap is $2.37M. Valuation is out of whack IMO.
Er tomorrow pre market imo.
Gotcha. Thanks for the perspective. I’ve been going thru the filings and like what I see. Hence checked with you since you seem to have been around for a while here. Glty. $IFON
Help me w / something here.
Don’t be a stranger James. Come chat. Maybe you’ll convince me to park some speculative money on this pig.
Isn’t it nice. I go to the exam and tell the professor I won’t write a single answer on the exam questions because you’ll then know the knowledge I’ve gathered on the subject. Lmfao. Why didn’t I file CTs all these years instead of flunking my way thru college. Duh $DPW
Bags getting heavier? Do some math for me on pre split prices.
Not arguing your math. Question is why will it go back in value to where it was.
Your bag must be heavy. Or not. Since your holdings got severely R/Sed to nothing imo. Gl