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20:1 buy vs sell sentiment is positive .
So did anybody catch from the pr it still looks like BigHead TV deal is still alive ..I looked at their website and I dont see any real visible progress there - dont know what to make of that .... so the fiber backhaul is in -place at the store - thats good and a necessary component ....as that would indicate TV , Phone , Internet -"triple play" package is still part of the big plan - alive and well ......so a few things we assumed were dead are in fact alive.....as far as the 60 day test - I could see that taking that long...reasons being - they come in and install the equipment - try it awhile, see if service is stable etc ..if not tweak the setup - add some repeaters or additional antennas etc and see if service is 100% before committing to buying the equipment etc. So what I see in that is him being conservative - making sure he has a good product to offer-sell before turning on the tap to customers....evidently years ago in Atlanta O2 secure Wireless had bad reviews on its service being spotty back then using that equipment of that era ......NOT TO BE CONFUSED WITH THIS NEW GENERATION EQUIPMENT .
"AS" can be increased but that doesnt necessarily mean they will hit the street ...alot of times they do it to guarantee they remain with a controlling interest # of Shares ....maybe hes simply telling us - yes I increased the AS BUT we got a loan ???????? We shall see - next week should be interesting....to put that out on a Friday telegraphs something next week coming up ...........but then again wtf do I know......
Syn...I think we are on the same page .....
"It's time to set the wheels in motion now that advantageous funding opportunities have become a reality for the Company. We are very excited with what has been achieved in this respect.
What I see here are the operative words funding, reality , achieved "achieved = past tense- which means its already done .....so it sounds like we got some money and are moving forward .....is that what you are reading from this SYN ??????
Would be nice if he hit us with one of his three in a row prs in a week like the old days...I think hes telegraphing next week is going to be a good one ???????????????????? Maybe I am duped but it sure reads that way to me .......
I will be watching close Monday am's volume - action to confirm....
What are the buys vs sells so far today ?
Agreed ..this is it plain and simple ...
Boom
Store purchased, exists, titled, renovated , (NOT OPEN YET )
O2 Prepaid debit cards out there being used in peoples hands - revenue ?
Dominican 50% ownership -Bank deal - payments being made supposedly on time closes deal end of 2012 .
We have some FCC licenses in the states and supposedly "secured" licenses in the DR .
Unlocked branded O2 phones and an O2 pad on the way from China - 2 yrs in the works (when - date ?)
Bust
(Apparently) Atlanta dead , BIGHEADT TV , any TV CONTENT DEAL ,ARC CAPITAL.
UNKNOWNS
- FUNDING USDA ? , FUNDING ANGEL INVESTOR OR OTHER SOURCES ?D.R. ?
Yes he owns his record based on his prs ... the only thing I will say about the AS being raised is I have read from multiple sources alot of times a company will do this to secure a controlling interest on the of # of shares out there so they cant be taken over....so those shares may never hit the street. And no I dont believe we are a takeover candidate unless those licenses "secured" really have some value to someone .
Tops ...the cards real value is providing a way to make sure we get paid in a third world country...we take for granted everything works smoothly here financially, checks, the mail , credit cards etc......in these 3rd world countries - not so - so the cards purpose is just that to make sure we get paid....alot of these countries believe it or not work this way today - prepaid - you charge your card up periodically and all is well ...when I was in Venezuela I saw 100's of people standing in lines to pay their power and land line phone bills ?????? It was absurd the people lines were literally wrapped around the building...some people pay people to stand in line for them - then when its their turn someone calls them, they hurry over and swap places in line...its crazy I know but how it goes in some places even today .........so if somebody told you hey you dont have to stand in line anymore in a place like that - you would be all over it ;) .
You forgot to scratch this one off your list again - it was purchased and titled in O2's name remember ? We dont want to spread any misinformation....ps. it is my avatar picture and is painted O2 Orange .....still not open yet as far as I know however.....
http://qpublic1.qpublic.net/cgi-bin/flagler_display.cgi?KEY=38-11-31-1915-000C0-1330
Property Address Parcel Number
101 PALM HARBOR PKWY 38-11-31-1915-000C0-1330
Owner Name and Address
O2 SECURE WIRELESS INC
1093 A1A BEACH BLVD STE 442
ST AUGUSTINE, FL 32080
Homestead Primary Millage District 2011 Millage Rate Property Type NO CITY OF PALM COAST WITH MOSQUITO CONTROL (61) 19.40720 COMM CONDO
"
ST. AUGUSTINE, Fla., Oct. 6, 2011 /PRNewswire/ -- O2 Secure Wireless, Inc. (Pink Sheets: OTOW) announces that the Company has secured a highly desirable retail location in the "European Village" in Palm Coast Florida.
Sooooooooooo has THIS happened???????? No!"
Yes that is bs ...that should be fixed easily . No excuses on that one ......
Stocker this is my take: at times his execution- completion appears miserably slow .....BUT he eventually gets things done...I think that store will open and serve as the hub for deploying phones , pads, O2cards to the DR - US, probably offer repair services , spare parts etc. I also believe 100% that bank deal will be completed as he stated in the pr a short time ago. Am I telling people to go out and buy more stock - no , am I buying more myself - I want to- but I am not as I am upside down enough and dont want to risk anymore personally ...I am in sit back and wait stage .....maybe I am a sucker or sheeple but thats what I am going with for now....I think he will get these items done....USDA loan and D.R. buildout isnt even on my radar right now - I will settle for a string of smaller successes when completed now and worry about those later ....I think the momentum created by getting those smaller projects completed will definitely get us back to .01 - .02 .......lets face it if he cant get these smaller projects done then the D.R. buildout would be a stretch .
Stocker ...whats your gut feeling on the store ......
Maybe they should have stuck to selling videos.....they still managed to fleece us out of millions here and line their pockets - the wealthy have a flair for that ....so to the new guy Jon - good luck you have inherited a pile ...any life or movement here would be appreciated .......crickets - tumbleweeds for now.......
So at the end of 2012 we should look like this .....possibly more ....5 sources of revenue - not bad imo.
Store open (finally)...revenue ?
Bank Owned down in the (D.R.)... equity on the books- revenue ?
Selling O2 branded phones and pad devices.... revenue ?
O2USA cards being used for purchases outside of O2 cellular ..... revenue ?
O2USA cards automatically debiting cell phone service to DR ? Palm Coast customers ? ...revenue ?
Loan decision or another loan source secured ???????
Float 1.5 B ?????????????
Issues that look dead or like they will not happen at all but who cares imo ...
Atlanta - appears dead
Bighead ..it appears those set top box services are not going to catch on anyway ....is that really a loss for us ?
X2 !!!
This stock has always popped on news.,,,popped huge in the old days when Val would have a pattern of hitting the street with 2 or 3 subsequent prs in a row .....those days - patterns will return soon I believe as all these chips fall into place.....just when you think you know everything going on - you find out you dont ;) ....He still needs to produce here ...we are late on alot of fronts and time is wasting away as well as peoples investments ...I can TOTALLY understand peoples anger here .......but I still believe its going to all fall into place .....
Cool thanks for OS ......I know tongue in cheek ....a pattern with Val appears to be late on everything BUT he eventually gets things done ....HOWEVER I will take it ...I am a firm believer that bank deal is bigger than most here realize and I believe it 100% and it will happen.
If you are a 50% owner in a bank and sitting on its deposits that is going to look really good to an investor(s), institution or govt. entity potentially loaning you funds.
Man anybody getting in at these levels is going to make a killing I would imagine...I just wish it was me LOL.
Yes - no bs there ...just F A C T S ....
As you say as long as it runs north - welcome.
DTC chill has been removed - you can trade freely with no extra fees etc as was being repeatedly stated here 100's of times incorrectly.
O2USA cards are out there and being used...boardmembers have taken photos of their cards in hand. O2 USA Card commercial was produced and ran (is?) running in markets...you can view the video on you tube..still some claim cards are non existant
Storefront property purchased, titled to O2 secure wireless , (store not open yet )...
Bank purchase - payments "on time per contract" - to be closed on in 2012.
Conversely
Store not open yet .....
Loan or Angel investor status ?
When are branded O2 devices expected - eta to arrival -phones , pad device ?
Expected Bank deal closing date ?
Pump or legitimate progress to report ?
As always thank you for your insight .
Greg : Yep Yep and Yep.......the chill is gone folks - no paying "thousands" to buy or sell plain and simple..... . Thanks to Val.
Can i get an amen for val at least for getting the Chill EVERYONE was complaining about lifted? That didnt get lifted without effort and dough......even the unhappy investors could agree that was a biggie whittled off our list....everyone see a pattern forming here? Stuff gets done BUT late! !!!!!
Transfer agent - anyone called for an update today ?
Like I have said repeatedly I would rather him go down spending rather than getting nothing done..... this money has to come from somewhere MONTHLY ........ do you get a branded phone and pad deal with your looks, buy a stake in a bank with no payments, pay for inventory to stock in a store (NOT OPEN YET ) ?...Again I am as pixxed off as others but have faith the money is in fact going to pay for these very things........ He told EMZ he was making payments on the bank ...do you think if he was lying he would tell an atty (of all people) he was making payments ....that tells you right there that bank deal is for real and happening .....my motto : lets get it done or die trying .......
Lets recap what we got
DTC CHILL LIFTED - Kudos Val..give the man credit that didnt happen without effort ...we heard rumors of $10k and a lawyer needed to fix dtc issues like this. That money had to come from somewhere.
O2 debit cards out there being used
Store - Occupancy permit issued - BUT store not open yet - looks like some sort of local code - permitting issue "08/09/2012 - THIS IS A REINSPECTION Inspection Resulted at 8/9/2012 3:01:33 PM NEED TO PULL A PERMIT TO SHOW ANY WALLS OR COUNTER SPACE BEING ADDED BEFORE OCCUPANCY CAN BE FINALED" SUCKS should have been completed per announced opening date .
OS 1.9 billion , currently ~1 billion in co coffer - ~975,000,000 out their free trade -Float ....another 6.1 billion AS .
~ 20k a month payments "possibly" on 50% stake of bank in the D.R....this is to be completed in 2012 ..so we have only another 80k to go to complete the purchase at 20k a month. I am no expert but I would say the USDA loan would want to see ownership - equity completed here before they give us a dime...again assumptions on my part ..just trying to put all the pieces together here at play ....Now I found a business ad for a dominican bank for sale about a year ago , family owned , ~ 35 yrs old -dont ask me to find that ad because I cant find it anymore out there on the net ... I think it listed 2.5 million in deposits alone .....the name of the bank wasnt listed in the ad - I guess that might cause depositors to flee if they saw their bank was for partially up for sale ...anyway at 35 yrs old they ought to have some pretty good deposits, other assets under their belt -in place - and obviously they are doing something right if they have been around 35 yrs in the banking industry ...again a theory but looks good and fits the bill .
I am in no way defending Val.....so save those comments please....I am as pixxed off as everybody else here but try to link the pieces of this puzzle together .......
It was reported yesterday you can buy with TDA now....
Agreed , since we are not fully operational the money has to come from somewhere to pay the bills in the meantime - that isnt rocket science to understand for anyone here ....
I do believe the purchase of the 50% stake in the bank in the D.R. is for real so 20k a month right there per EMZ's statement ....dont forget that bank will be pivitol for us....if you own 50% of the deposits on record in the that bank I am pretty sure that will count as leveraged equity towards a usda loan etc...... it sucks for sure we cant survive on income from our O2 debit cards and the store at this point in time (which still isnt open yet ) - I am not making excuses for him but its simple math at this point ....
Where are you guys finding these "convertible note" facts you are citing ? Is there a website that publicly carries that info ?
So he has 1 billion sitting in the co. coffers is what that says - correct ?
Has nothing to do with "Faith" in him...its not his normal m.o. to dump that many shares in that short a time ...either he is jumping ship with a boatload of cash and loading the Ferrari on the next ferry to the D.R. LOL as many have said (again a joke) OR he agreed to pay someone in shares OR had some sort of balloon payment due ? JUST THEORIES buddy...like I said and I think you will agree based on past history its not his m.o. to dump that many- in that short a time ..something prompted this ....Im sticking to my statement a few days ago - in two months this is either thriving or totally DEAD - VAPORIZED into OS oblivion ......
Heres a what if ...what if he finally secured funding but the lender wanted a % of repayment upfront in non restricted shares. Upon news released "hey we got money" stock goes naturally higher - lender gets immediate partial return on investment for their troubles. Thats a big immediate dump in shares for him - not like his normal m.o.........just a hypothetical :).
GREAT DD JA !
950,000,000 at say an avg of .0004 = $ 380,000 ...$380k wow.
I just setup a dummy trade with TDAMxxxx and it looks like it would go through...anyone execute a buy through TD today ?
Our painter must be out of town or out of paint ....
Thanks for the insight.
From what I have read they give you the funds in progress payments per agreed project milestones ....so if you dont perform - you dont get paid ....look at the Light Squared fiasco .....the government said AFTER issuing them the funds that they did not properly follow through on agreed milestones and now the govt wants ~ $30 million BACK ! So there is accountability tied to the allocation of those govt funds....do I think in my gut OTOW will get that USDA loan , based on applications I have read and % of funds allocated I would say we will NOT get those funds. BUT I believe Val can get money from a private investor leveraging the licenses he has supposedly "secured" in the DR valued at $XX million but it apparently hasnt happened as he is spending co. shares . IMO .
Nice congrats..... too bad we werent dealing with FEMA here but instead USDA :( .......