is...retired
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.
It is very common for a private company to go public through a reverse merger - sometimes through a shell, sometimes through an active company. It means nothing except that the company becomes public without the time and expense of a regular IPO.
This one appears to be an 'empty' shell maneuver, which will get a new ticker and move forward. The old company is defunct.
At some point, the merger details should become public. AS/OS/Float, etc.
This would be called 'the bottom'. From what I can see, it is already a profitable entity, so revenue isn't even an issue. It should grow, since they were able to grow the private company that is now the primary driver.
RS has no affect on market cap. Market cap is OS X SP.
If you want to know what is filed, go to their website and read it. Or try Edgar.
After an ICLD R/S, the stock price will rise by the ratio of the split. If convertible shares are THEN diluted into the new OS, the price will surely drop. But if no dilution occurs, there is no reason for the stock price to drop except because of ignorant traders that think all reverse splits are bad and thus sell.
As I understand it, ICLD is trying to eliminate all convertible debt BEFORE the split, which would explain why they have held off so far. When the convertible debt is gone, a R/S will simply open the OS up for sales, options, etc, AND the price will rise with the split. That is a GOOD thing for shareholders, and is a necessity if the employees' options are to be exercised.
They only have an edge if you play their game. If you play your own game, you don't care what you pay for the stock, and you sell when you get your price. Takes a little longer, but is more profitable, because you don't get into stinker stocks and try to pick the peaks/valleys.
Daily fluctuations are meaningless to me, unless there is really good or bad news to consider.
Good to see another realist.
Regarding the stop sign, OTC markets processes 10,000 OTC companies, all of which are constantly filing, so they have a significant workload. One cannot know if the delay in this case is because of an unresolved issue or simply work load related.
What would be helpful for me is if AMLH would provide some insight into their financial condition, what their plans for the future are, and where revenues are coming from, if any. I'm not saying an SEC filing, just a CEO press release that gives some indication of the situation of this new company.
In an IPO, you get a good understanding of the company and its plans - in a reverse IPO, as in this case, it is (or can be) a complete mystery. Last year's annual report will not resolve that.
It is time for some specifics, not just speculation. Wild speculation in some cases.
It is a good question. But when a stock does go up on no news, you can expect it to come back down on no news. Some folks just play these little spikes and valleys; others understand the company and invest in what they are doing.
I'm the latter. I invest only in OTC that has a strong possibility of a 10 bagger within 52 weeks. I think GIGL could hit $1 within a year, so it's still in play. But, as time drags on, if it doesn't perform, it will go away in favor of something with more positive results.
Yes, there appears to be a ton of potential.
However, we have no clue as to whether there is any money being made. The 2016 annual report will not expose any GG Media revenue, it will only be AMLH revenue, which will be minimal due to the shenanigans they pulled before the merger.
2017Q1 won't be seen until May, and that will only expose a little of GGMedia's revenue, if any. After all, we don't know of even one red cent of revenue from ggmedia.
So, regardless of potential, it is revenue and profit that makes a company, and so far we have not seen or heard of a single penny of revenue or profit.
Connections, networking, social media and the like make no difference at all unless a company can actually make money to stay afloat. All the talk about other esports activities have no relation to AMLH unless some contract or agreement is struck with some of them. To date, there is nothing but hope/hype. I bought 10M shares to speculate with, but I recognize it could take years to build a successful company - and as a result, I will watch, and decide whether to sell at a profit and move on, or hold if things look good enough. Only time will tell - and SEC filings.
In the absence of SEC filings, we don't know the stock structure. (ss).Float is just the shares available to regular buyers, not preferred, options, etc. There can be millions of shares tied up that are not in the float.
To evaluate properly, we need the authorized shares (as), (total allowed), the outstanding shares (os) (all sold and restricted shares), and the float (the shares available for regular traders to buy/sell as part of the outstanding shares.)
The OS must always be equal to or less than the AS. Reverse stock splits force the OS back when dilution takes it past the AS. When a reverse stock split happens, the number of shares in the OS is reduced by the ratio of the split, and the price is multiplied by that ratio. Often, stock price will drop after an RS, but equally often that is caused by ignorant traders. If the RS is done to permit dilution, it is the dilution (shares traded for debt at a discount) that causes the stock price to drop, but if sellers think any RS is bad, they may sell when no dilution is intended.
When a reduction in AS occurs, no change in stock price or OS occurs, except as shareholders respond to it. Again, unsavvy traders dump stocks when they don't understand WHY things are done to the share counts. Smart investors take advantage of these opportunities.
Well, that sounds fine, but they also have revenue, and one expects some of it goes toward debt.
I don't go on assumptions, I wait for the numbers to be posted so I can see how they are handling various issues.
In this case, it is convertible debt that is most concerning. Many companies have secured debt, which is fine. If they refinance some convertible debt into secured debt, that would be great news.
Again, we have to wait for the quarterly report to see how they are handling things.
Go to otcmarkets.com, search for amlh, and read what they have to say about the stop sign.
The shares come as a dividend that was announced, and freely available to read. The announcement on the AS reduction has not been formally made, as far as I can tell. They are unrelated.
Sounds like polishing a turd to me.
They did toxic financing, and the resulting dilution tanked the stock, all the way to a penny from over a dollar. It has nothing to do with 'rebounding', 'rising' or any fuzzy good sounding term.
They are digging themselves out of the hole they dug themselves, and jumped into.
I hold 15M+ shares, so I expect them to come out of the hole. But let's not paint a rosy picture of what they are doing until they report their quarterly report and show us how much of that toxic debt remains. SEC reports count. Dreamy eyed wanderings on ihub do not.
Oh, PULEEZE, don't post those stupid computer generated reports as if they were actually relevant. Any time you see a price target of $6 you KNOW that ONE analyst, over a year ago, when the stock price was closer to $1, made that claim.
Just don't.
Companies generally post their press releases on their web pages in the investor relations section. Also found there are any SEC filings. Why would any company pay ihub to post what is freely available on their own website? I wouldn't.
I have links to all my stocks' homepages, and sign up for email notices to make sure I see them as soon as posted. I also have Google alerts on each one, so I can see any adverse news that might not be posted. That's what I call 'babysitting' my stocks, so I don't miss out on something that could trigger a buy or sell.
You can do market sells, just not market buys. I do it all the time. And, you can set your limit above or below the current sp, so it's almost the same as a market buy.
IPO??? AMLH is already a public company. What on earth?
Thanks! Searched on Finra, didn't find it. Why the 'D' on the ticker?
New to this ticker.
Has the RS already been handled? I've looked for details at EDGAR and elsewhere, but cannot find a record date so I'm assuming it has not yet been done.
Trying to do some DD here. Can't find any evidence of the lowered AS either.
Does anyone know the record date?
My advice is to sell 10% of that stock when it is up by 10X above your average. That returns approximately your entire investment, and lets you play with 'free' money the rest of the way.
Then, I'd find another similar stock and repeat the process. I have 7 tickers currently, and will have 8 soon. Each is expected to gain by at least 10X within 1 year.
I'll be selling 1M AMLH when it hits $.04, which is 10X my average. Another mil at $.40. And, I'll still have 8M to play with.
The proceeds will let me identify and buy similar plays. I absolutely do not day trade, so daily fluctuations are immaterial, other than catching my sell points. I don't usually worry about my entry points, as it is the gain from the entry point that I am concerned with.
I watch my tickers daily, however, for serious problems that could tank the stock. I'm not afraid to bail on stocks that don't meet my '10x in 12 months' requirement.
15M at $.018 - still green. I'm waiting for $.15 to recoup, then let it run. I fully expect it can hit $1 within 52 wks, since it did that twice in 2016, and the dilutions should be done now. Nothing left to hold it back.
Soooo....you'd pass up a $100K plus opportunity JUST because you chose a broker that won't trade the stock that you want to buy? Interesting. Try Etrade, even as a second broker. They let you trade anything.
Why on earth would you hang onto dead stock when you could dump it and get into something exciting? I don't have any 'dead' stock because I clean out anything whose potential is under 10X in the next 6 mos - 1 yr.
I have 7 stocks that are all primed. Any one of them can bring a mil, and I expect at least one will. (10M of AMLH, so...at $.10 it's there).
Exactly how do you know the OS? When you make such claims, you should either post a link or paste info that you are going by. I'm still waiting for the annual report which will only reflect end of 2016. And, YOU have accurate figures in 2017Q2? Do tell...
This may have been posted before, but LIGA hired BGTV to help market LIGA products in March.
BGTV-LIGA-Hydrogen inhaler
This was a successful marketing test, with an anticipated $100K/week in revenue soon, just for the hydrogen inhaler.
BGTV has worldwide customers, which now gives LIGA a worldwide audience. Think infomercials in China, for example.
I don't think this acquisition is intended to be a future spinoff, it seems to me that it will become a core part of the company - that whole marketing thingy.
Well, ICLD did some poor financing, and the result is obvious. Diluted to the max, with more to come, probably. But after the R/S, and after the convertible debt is gone, there should be no remaining obstacles to becoming profitable.
A meaningful PR with debt status would be welcome.
Still here, a bit impatiently waiting. 15M+ waiting for $.18 to recover the investment. Sell 10%, let 90% roll.
I think it is a matter of when, not 'if' it gets back to the $1 range. Conversions must be eliminated before it takes off. Next earnings release is critical, so not much will happen until mid-May.
Sorry to see this price dump, but I need some of the cash I put into GTGL to buy something more promising. So, I'll be selling half my 300K shares to buy millions of a promising sub-penny. Taking a loss because sometimes that's what you have to do. I'll still have 150K GIGL and if it does well, I'll recover my loss and my investment.
Meantime, I'll be buying some AMLH$, which looks extremely promising.
Raise the OS??? Are you kidding? Do you have any clue what the OS actually is? It is the total number of shares that are sold from the authorized shares (AS).
They did increase the OS in late 2016 and early 2017. It is called 'dilution', and our shares were worth less as a result.
Giggles N' Hugs, Inc. (OTCQB: GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, is pleased to announce that the Company has repaid its 8% Convertible Note issued to Iconic Holdings, LLC (Iconic) on December 21, 2015, and as later amended. Pursuant to the terms of the convertible note, over the past six months Iconic converted $191,000 into shares of common stock.
They don't say at what price Iconic converted the shares, but you can bet that it was discounted. Iconic has over 10M shares.
[If the financial shows few millions of revs a year...]
Well, if there were any financials... None since September 2016, and when the annual report does finally show, it will be for AMLH, and not include any financials for GGMedia. Then, the 2017 Q1 report, which will cover both AMLH revenue (if any) and ggmedia revenue (if any) post merger.
Although not required, it would be good for ggmedia 2016 income to be posted, even if not audited. As it is, we don't know of a penny in revenue for either company in 2017, and won't see it until at least after the annual report is public. And, we have no clue as to how ggmedia was doing as a private company.
We are all speculating that this company will make a go of it, which is fine, but no one should say they have done 'due diligence' on this stock, because you can't do due diligence without financials.
All we have is hype and dreams so far. Again, that's fine, but we must all remember that there is not a single thing to 'bet on' except visions of a rosy future and a charismatic CEO. Esports can explode in popularity, but that is no guarantee that AMLH will be successful in the market.
We need to know where the revenue will come from, and how much revenue will be generated. We also need to know how they are going to deal with the older AMLH debt and assets - those still have to be dealt with. The 2016Q3 report was dismal, and we have no clue as to anything that has been or is being done about it. Not saying nothing is being done, just that we have no solid public information about any of that.
Boy, you guys really don't get it do you?
I have purchased several million shares, but not because of the financial statements that are available. I have only said that there is NO FINANCIAL DATA AVAILABLE, so due diligence can NOT properly be done. THAT is a fact.
Any 'investment' in AMLH is NOT because of due diligence, but because of hype, pure and simple. I have bought into some of it, and am fully ready to lose that investment if it doesn't pay off. Or sell it at a loss, or with a small gain if the hopes and dreams of many on this board do not come true.
If it works out, I'll make plenty.
But I will not advise ANYONE to purchase this stock with money they can't afford to lose, or sell other investments that could do well to buy this stock. I see the $$$ in the eyes of dreamers and only hope their 'luck' holds out. There is nothing but hope and luck to go by, at this point.
In fact, I don't advise anyone to buy any stock - I only say what I am doing, and if someone wants to follow along, they will.
Incredible. Anyone that wants to trade in the pinks should know to use a broker that will let you trade whatever stock you want. This isn't news.
No one lost any money yet, unless they bought, then sold at a loss. That is a personal choice. Not buying because of your broker is YOUR fault - use a broker that lets you do what you want.
In short, the CEO is doing what he is supposed to do, and it takes time for things to grind their way through. Mistakes are made all the time - green CEO or not - questions are asked, and answers are given. Each one takes time, lawyers get involved, etc. It isn't like BillPay, it is LEGAL and it takes TIME.
Anyone who has bought this stock could only be betting on the come - the last posted financials are a disaster and that was for 2016Q3. No assets, no revenue, massive, dilutive debt.
From the last quarterly report:
Debt Conversion to Stock Company entered into a Settlement Agreement and Claims Purchase Agreement on August 10, 2016 for a total of $325,000.00 in debt. Shares were converted into stock based on a draw-down of the debt pursuant to a court action based on a Section 3(a)(10) legal opinion as follows:
Date Shares Issued Price Per Share Amount of Debt • 8/23 85,000,000 0.0005 $42,500 • 9/01 70,000,000 0.0002 $14,000 • 9/08 87,000,000 0.0002 $17,400 • 9/15 54,000,000 0.0002 $10,800 • 9/23 85,000,000 0.0001 $8,500 • 9/26 120,000,000 0.00005 $6,000
TOTALS 501,000,000 Debt Draw down as of 9/30 $99,200
Balance of Debt Remaining As of 9/30/16: 225,800
Finally, someone who has actually done his due diligence. I have tried, but failed.
So, tell us how much revenue the new company shows?
What is the debt situation?
What contracts have they signed?
What is in the pipeline?
We all want to do our due diligence too, but we have not seen any of the financial details of the company - not even the old one, since September, 2016.
Please provide a link so we can see this for ourselves.
Or, if you are just saying you have confidence in the hype, smoke and mirrors, just say that instead of saying you have done due diligence.
Until there are facts, there is nothing but 'hope'. Oh, yes, and high confidence.
The product and revenue stream don't come by twitter. They come by SEC filings. Good intentions do not bring in revenue. No matter how rosy it looks at this point, it is execution that counts.
Yes, of course, which you can see from the SEC filings. NOT!
Simple. Look up the term speculation. Then look up the word investment. I'm speculating, not investing. I have several million shares of speculative stock. I hope it goes somewhere, of course. Would I tell my mother to invest in it? Definitely not!!
Tesla has products and a revenue stream.
You completely misunderstand. I have several million shares because I am speculating on it.
I cannot say I am investing, because to do so means I would have found something concrete to invest in. So far, there is nothing but hype. The stock price will not hold up in any meaningful way in the absence of real financial progress. This is a company, not a wishing well.
Did you make any attempt to search with Google to learn the meaning of deferred gain? Or do you just want us to do it for you and hack out an answer that only touches on the actual definition?
Deferred gain is simply gain that is not taxed until later. Not meaningful by itself.
Of course no one is providing real analysis - there is nothing to analyze yet except hype. Even the annual report will only show AMLH of last year, still nothing to analyze. We already know it was in the toilet before the merger and would have probably gone bk at some point.
Now, we need to see real revenue with a new company. Then, and only then can any stock price be justified. All we are doing right now is hoping that the company is solvent and makes a success of itself. That doesn't happen overnight - it takes a track record.
Owning this stock is speculation at its best. It looks good from what we can see, but there is nothing behind it yet.