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If that's so, may I assume that you'll you be dumping your shares preemptively (if you haven't already) as a hedge against that possibility?
Just curious,
C
Perhaps I've missed something here but are those bookings written in stone, or are they in non-binding LOI form?
My enthusiasm will remain tempered until Cyberlux reaches the stage where it has audited financials and is SEC reporting...If they already are please let me know!
C
In stocks (as in life) you have to weigh what you stand to gain against what you stand to lose if things don't unfold the way you'd like...So for me it's strictly bowling and donut money that gets sacrificed if I decide to dabble in the OTC...Fortunately the girlfriend doesn't have to melt herself down and pour herself into her jeans like some people I know so a facelift won't be necessary...
No need to...The odds of a winning lottery ticket and this company making significant inroads into the banking sector are fractional for each...But since I'm not dumb enough to use the money I've set aside for my girlfriend's heart transplant to buy stock in SMME who gives a rip?
For whatever it's worth, Dennis will be one of SIX board members in the re-formatted company from what I understand--so my guess is that he will no longer be making decisions unilaterally...
I fear you're right, but I'm curious as to why, specifically, you feel that way since DO indicated that there will be no reverse split?
C
Are you referring to as yet unfulfilled announcements by our CEO regarding upcoming contracts or just a general good feeling (which I happen to share) about CYBL's prospects for success?
C
Thanks for the update. I'm not heavily into this investment yet, but pick up stock in 50,000 share traunches whenever I have spare funds...For the time being I sort of view this company as a lottery ticket....But what if we win?!
Purely conjectural--but for all of our sakes I hope I'm dead wrong...
Why?
If we end up getting one share of the reformulated company for every 500 or 1000 that we own of DPLS stock, what's the point?
Right Said, Fred!
Ok thanks Creak; I appreciate that.
C
But how would we know when the Reg A takes effect?
C
Thanks for that DD
Do you foresee a reverse split in Genesis's future--and do you think amassing millions of shares of this company's stock as a good idea?
Thx again & Happy 2023,
Cash
And how reliable is THAT, one wonders?
C
WHO is the analyst?
Please post a link to corroborate your remarks!
Inquiring minds would like to know...
Thx,
C
As a rule I'm pretty conservative when it comes to dabbling in OTC stock so I have fewer than 400K shares of it at the moment. As long as I don't use the money I've set aside for my wife's kidney transplant I feel comfortable playing in the Genesis arena. But in your opinion do you think it would be a good idea to get a few million shares of it--keeping in mind that reducing shares if the stock price rises is advisable?
Thx,
C
By "...if you buy the stock HERE..." do you mean that an investor would get crushed if they purchased GEGI stock at the current share price?
Just curious,
C
Happy 2023, Sir Charge...And thanks loads for your opinion. Has dilution recently occurred with Genesis? (Again, I'm new to this investment and don't really know where to look or how to tell beyond a huge increase in the outstanding share count over the previous week or month?)
C
By "Interesting" we sure hope you mean profitable!
HNY!
C
How can the entire OTC be down if it's only "some" of the investors who are dumping stock to secure tax advantages? With few exceptions the entire pink sheet platform stinks and is best exited, if possible, at a company's earliest convenience, to the QB or the QX at a minimum if they can't qualify for a senior exchange...
Dude make up your mind...Are you in or out??? You flip back and forth more often than a tennis ball at the US Open
C
Who authorized this? Nick? JPBlackwell?? And if so, why???
The sale of T-shirts pumping a company with designs on becoming a globally integrated conglomerate has a cheesy, fluff and puff feel to me that I don't like at all...I mean, did Tesla or Berkshire Hathaway--the two companies JPB compared ILUS to as an inspiration for investors--ever resort to T-shirt advertising at any stage of their development? I could be wrong but I doubt it...
Disgusted,
C
Granted--as you've already said--all pink sheet stocks have innate risk. With that in mind, I won't take it as investment advice but do you think Genesis Electronics is one of the best risks in the OTC over the next 12 to 18 months?
C
Thanks for this!
C
Perhaps this is a naive question but unless those figures appear officially on audited financials, how much do they really mean?
C
Thanks so much for this article...After reading it it's hard to suppress enthusiasm for a concept so broadly innovative and sweeping in its projected consequences for the freight industry as the Genesis model appears to be. As an investor I always try to keep an ear to the ground for competitors--particularly those with deep pockets and large institutional connections...I hope I'm wrong, but my gut feeling is that a startup like Genesis may end up flapping its wings for quite a while without every really getting aloft. So many things would have to go right for this company--or any other early stage business--to become a significant commercial success...Though I guess I can view it as a lottery ticket--as I do most pink sheet stocks...
C
Okay thanks for that explanation. I'm early to this investment. Do you think that a prototype would cost considerably more than a couple of million dollars?
The idea sounds like pure genius...It would solve a lot of vocational issues besides making owners and shareholders alike quite a bit of money if things ever get off the ground and it catches the eye of institutional investors someday...
Just curious,
C
The H and the J are adjacent keys on the keyboard....Anyway I hope that's the reason...Typing faster than he can think but not proofreading afterwards
Do you really think that appealing to reason or decency with him will work?!?
That's Right, Dwight...
You'd be surprised....
Or perhaps not...
I'm inclined to agree with you and Tasher...You don't ring the dinner bell when the food's still in the oven...only after supper's on the table, n'est-ce-pas?...
While I'm guardedly optimistic about our prospects I'm still mildly worried at the same time, if that makes sense...
C
Ok thanks for the clarification...I got scared for a moment there!
C
"SEC filing confirms that there will be NO transparency..."
What are you talking about? There ought to be more transparency with ILUS now than there has been at any former time, no?
C
Buy when others are fearful and sell like Hell when they're confident...That's Warren Buffet's main investing tenet from what I've heard, and judging from his multi-billion dollar portfolio I think it's fair to say that his philosophy has some merit
C
I thought you were out?!!@?!@!!
It reflects current value, yes...
Of course, much depends on the law firm resolving the aforementioned issues but let's see how the market rates Cyberlux when and if major contracts get signed and institutional investors begin looking at this stock...That's really all that matters...
C
There's really no way to authenticate that--maybe there were moles and maybe there weren't.. But if our CEO had been more circumspect about who he trusted to take care of OTC-related details this would all be moot...
In his video Mark admitted that because he was so busy taking care of other company issues this year he handed the responsibility for fixing the Yield sign and Pink Current problems to individuals he hadn't vetted thoroughly...To me my observation is hardly a matter of hindsight; it's a matter of common sense, and not doing so was foolish--or at least shortsighted. It would have been a lot wiser in my opinion for the CEO of a business with ties to the Pentagon and other sectors of the military-industrial complex to take a little extra time to ensure that those entrusted with the responsibility of assuring compliance with notoriously stringent OTC rules and regs were well qualified to do so...In the weeks ahead I have to think that we'll get better results from the law firm Mark's assigned to address the same tasks...
Time will tell...It always does...
C