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Doubt it will be big news since they have been publishing the same things every week. But news for sure because they are in full blown fund raising mode. As usual, the price will not rise much despite the volume because they are diluting heavily in my opinion..
As usual the posters are attacked rather than debating the points. This company is all about the selling of stock. Shoring up credibility by adding an adviser, acquiring something else to promote, floating and promoting the uplist. The huge post split dilution of this stock and the lack of efficacy of the product mix will eventually have this trading below a penny so forget about the uplist. They started the year with only 9 million shares out standing after the split. The only thing keeping the price up is the constant promotion using recycled information. Soon new eyes will not be available once the paid publishing world has been saturated. Debate some points rather than disparaging those who point out the obvious. Post 1:750 split value of this stock, and I would say real value of it .000016. That is what the tens of millions that has went into this acquired product mix is worth. Don't tell us what a great job they are doing!
Sure they have lost a lot of credibility. Its a balancing game, they have raised a lot of money over the years financing this way and the are very good at it. The reason in my opinion for bringing on the consultant who has worked with Google was to help with the credibility issue. It is also the job of many who promote on these platforms to shore up their reputation. These activities are the focus when the life blood of your operation depends of share sales. With other stocks that you trade, do you see this much effort by company principles to communicate a certain vision to shareholders? And if you have, do you consider them honest? Legitimate companies let results speak the loudest.
Thank you.
LOL, you guys thought I was bad. Miss me yet?
I believe they have done well with what they have to promote. I was very impressed that they could generate a 155 million share day with weeks old recycled information. The biggest coup with the recent PRs was the suggestion that they had a revenue generating relationship with ZOOM. That in itself must have sold a ton of shares. They know their ability to promote the current mix of products has gotten weak. That is the reason for new acquisitions in my opinion.
These guys are very good at what they do. You have been getting regular PRs which has increased the daily volume to as high as 155 million. There will be more PRs because they are in full fund raising mode. You won't get the price because they need the volume. Great volume when it is trading where it is because people perceive it as "cheap". As the price rises it isn't perceived to be so cheap and you also are competing with more sellers. Big mistake if you don't think this is being manipulated by pros in my opinion.
That article is so full of bluster and is very easy to take apart. I just don't have the energy this afternoon. The share price movement and the need to constantly pump it to support the price tells the story.
I believe that you are right. They are fund raising for reasons yet to be known. I doubt a new acquisition will be any better received than the last one which caused the share price to drop.
Why do they need to acquire more? If they couldn't make the first mix of products work why trust them with another? Like I said before, they are doing the same thing now that they did before the reverse split. Acquire new products off the backs of shareholder losses. They need something new to promote because the old mix has not proven to be profitable. It does seem however that people ignore all of this for the promise of the huge payday. It is this that makes successful scams work in my opinion. Make your money on the pops if you can. Don't hold this very long because the outstanding share count is growing.
Please share some of the due diligence that would support the price where it is let alone the figures that you just mentioned. This is trading where it is for a reason and with out the constant promotion it would be below a penny now. You see constant promotion because they need the funds. Watch the outstanding share number in the future.
Nice if you had a good entry. It didn't help all those who bought over .025 in July. One thing is for sure, if they are promoting they are selling shares. They spend a lot of time focusing on the stock and feeding these platforms because that is where the real money is in my opinion.
They need more than a linkedIn post at this point to get the volume up. They will issue another PR soon. They need the funds so the price will go nowhere.
Yeah, they need to keep this going for a while. They have been pulling out all the stops since July. They better get something new out there if they intend to maintain the volume.
It won't drop much more for now. I believe they are still in fund raising mode. They need to cover the expense burn rate that is indicated in the quarterly loss. They would need well over 100 million shares sold at .02 to cover just the indicated loss. I believe the revenue number are also exaggerated for the past 2 quarters buy realizing the sales in those quarters. Unlike a manufactured product you can do that easily with software licensing. They have planned this period of fund raising for a while and they aren't done. They need to close the acquisition deal as well and we have no idea if another one is in the works. They just doubled the authorized shares to 1.5 billion and I believe they will be blowing through the original 750 million shortly. So I don't think they are done promoting and I think we will see more runs.
The problem is they don't share your interest. Their interest is volume so don't look for the share price to rise any higher than this last run because they need to limit the competition for selling shares. This is all just my opinion of course. But it looks like they plan to leave a huge number of bag holders in the current trading area. The combination of high outstanding share count and the lack of tangible revenue numbers will sink this to the trips with a huge wall above a penny of those wanting out. If some of those sales numbers were realized for Q1 and Q2 for the benefit of this fund raiser, future quarters will show very bad results in my opinion. Also have to remember that the price level speaks to the product's viability. They really don't have good products to sell and are needing to acquire more. Just a personal theory for what its worth. Now take it apart. Debating is more productive than bloviating.
We aren't trashers. We actually providing a service to balance the shameless promoting here. This board would be crazy with the ZOOM stuff if people like me didn't call it out for what it is for example. Posting the Q2 numbers without mentioning the big loss. Everything is in the open to debate. The company does enough deceptive promoting without the help from those on these platforms. I don't think that anything that we have said negatively has kept anyone from making money here. In fact the cautious ones who have entered low are the only traders who have made money to date. Promoters help people get trapped at higher prices and always have here.
Embarrassing to have to offer it for free after all the shareholder money that has went into it..
He would be in good company. It is difficult to trade a manipulated stock like this.
Yeah, what up with that spike? I don't suppose someone has actually found a way to short this. That is a lot of shares. Someone with a bunch of cash maybe picking a bottom? Puzzling.
I'm not going anywhere. This is great theater. Still money to be made here on the flip. Getting tricky because of the additional dilution.
The power hour may be ugly today.
Wow, you are the first to suggest that my target buy at .0075 may be too high. I beginning to believe that you are right. I don't look for the company to take their foot off of this anytime soon.
I always said that my future target buy is .0075. I didn't say when it will go to the trips but it will. Bounced off of .0103 which is pretty darned close to trips. When this breaks a penny on the downside it will be a white knuckle ride for many here.
This only goes up because of heavy promotion and that is a fact. Once they stop its done. The recycled PRs this week shows that they have nothing else to offer since the July run. They actually had a better run this time on exactly the same information. They have VERY good promoters working here. Everyone points to buying down debt with the dilution. Did you forget about the recent acquisition? I believe they are still raising funds to get that closed. Massive dilution here will weigh heavily in the future.
Yeah Thanks, I don't feel so lonely here anymore. LOL. Holy crap though, they had so many on the line wanting in that they unloaded 14 million all at once. I'm sure someone will say that is some retail taking profits. I often wondered how they managed to get 7 billion outstanding shares before the reverse split. This tells you that people will buy this no matter what. The story truly sells. Heck I will even buy some if it gets low enough. These guys are the best at promoting and selling shares. Future runs will be held back by the massive dump under .02 this week. Not to mention that they used acquisition in the plural in the QA post earlier. They aren't done by a long shot.
Thank you. I have been right all along on this since .04. The dilution here will be enormous when the new numbers come out.
Wheeewww... cool 14 million dumped there at 12:48? You lucky kids must have been piled up there to grab some of this. Like a huge gift with a bow tie on it, they couldn't help themselves but take it. That has to be the biggest single dump of the year. I guess they don't see this going any higher also. The run is done.
Lol, Reaper, you haven't been able to chart this and been wrong since the mid July bump to .04 when you were cheer leading. The only thing predictable here is the chart history which repeats over and over. The year to date chart is the story. Lower highs and lower lows.
The main seller here is crazy like a fox. I would hope Jason will send out a tweet thanking everyone for their donations.
nonsense. They had over 2 million on the ask before the PR drop yesterday started the move. They know there would be chasers this morning because there always is in the mornings. Who wouldn't let it rise as the pressure builds and sell into it on the ask. Plenty of eager buyers here for some reason. These guys are pros. They won't let the price get too high because there are a lot of sellers above the .025 level in my opinion. They don't want to compete with that. You will now have a huge number under .02. Very problematic for flippers like me to decide what a good entry would look like.
The only line in the Q2 report that matters is earnings.
Quote;
"The net loss for the three months ended June 30, 2020 was $2,573,000 compared to a gain of $1,194,000 for the three months ended June 30, 2019."
At .02 share price, and if it isn't just paper losses, You need 128,650,000 shares to cover that quarterly loss.
The company is diluting heavily in my opinion. The share price rose to .013 in mid May on much less volume that you have already seen this morning. They need the funds and they will get it. The problem now is the level of dilution under .02.
The new number will be much higher after this week. They heavily promoted again because they need share sales to close the latest acquisition deal in my opinion. That is what shareholders are for, funding new acquisitions to add to the current pile of promotable crap.
A lot of people have no idea that this had the reverse split. It would sure look like a rocket launch the next day with a 750 for 1 split. Current presplit value .000024.
The company is making money this morning. I wonder how many shares they will need to sell to close the latest acquisition. They will be posting an outstanding share number in excess of 750 million before you know it.
Let the fund raising begin...OOOOHHHH crap is someone dumping? Really? That is absolutely unbelievable!!! never saw that coming.
I get it. Tens of millions of shareholder losses have went into this over the years and they are still giving out free samples. This stock thrives because it is a software company and people can imagine high valuations. If it had a tangible product people could see it more clearly as the pump and dump that it is in my opinion. What would you call a company that heavily sells shares when it is paying for heavy promotion? They just double the authorized shares because they know that they will need to blow through the old 750 million level.
Absolutely. Those who bought in the .03 to .04 range in July realize what this is now. This company is great at the promotion. My guess is that they didn't allow it to rise any higher yesterday to avoid competing with the selling from those that bought in July. It wouldn't surprise me to learn that most of what was sold yesterday were new shares. Most below that level would have flipped for a profit in July like I did. I would guess the outstanding share count increased by at least 100 million yesterday.
It goes no where without promotion. Now you have the headwinds of 155 million purchased at slightly over .02 and less. The dilution will continue and the headwinds will increase. All you newbs just bought in on information that was known weeks ago. LOL.... The last huge dilutive dump in July stuck many in the .03 to .04 range. Bet they feel great after seeing a run volume of 155 million fail well below that. Lower highs... lower lows.
If their product was viable it wouldn't be free. This company has squandered tens of millions of shareholders dollars on a product mix that doesn't sell. They have to give it away apparently.
Here is the truth about ZOOM. The $ATDS product is a free plug in that can be downloaded on their site. They are getting a free ride on ZOOMs name to sell stock. You have been duped. Simply an opinion of one who has actually been watching this a while. The massive groups of you who jump onto this yesterday have just helped finance a losing operation. Presplit 1:750 value of this prior to the end of 2019 .000024. Congratulations.