"Before you embark on a journey of revenge, dig two graves" -
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$ATWT - typically a slow week between Christmas and New Years.
$BOXS - agree...this is one to own for awhile.
$HDUP - a great place for retards to buy...lol - I've been buying!
$BOXS - patience will pay off, imo.
$BOXS- this is nothing more than an opinion. We've been seeing conversions of debt into stock for most of this year. Hopefully, it is done and we can move on. GL2U
$HDUP - agree
$HDUP - I think it's called capitulation
$MRPT - the volume of 1.3mil out of 1.7mil (available) to trade and up 15%
$BOXS it would appear that conversion of debt, continues. Who knows? Maybe it will be done by the end of the year.
$BOXS - yep it's going to happen. Trading always picks up around 11am CST, 10am EST - must be midwest to western US traders. GL2U
$BOXS - the time of year when some sell so that they can buy something that will end up being thrown away in a year or two. It happens every year.
I've checked OTC Mkts for updates on BOXS so many times that google thinks it's the only thing I'm interested in...lol
$ATWT - sounds increasingly desperate. Sales revenues $16k vs $19k for the same 3 month period on 2020.
And no one felt weird claiming that the Principal dying was a plus? So if they all die does it make it better?
Keyword, FOCUS, the company did NOT focus on the child safety products that Alex thought should be their focus. So now they spend money, not on building up a sales and installation force but on theaters, restaurants, etc.
Maybe that will work out, but usually, when you spread your resources that thin, you struggle on all fronts and gain on none.
The last word from the company was in Sept. saying that they were still installing their products in Florida, but no word as to the size of the order and no mention of any sales since.
It will be the end of March before we see the Annual report, then you'll know if they've been successful...I sincerely hope that it works out...FOCUS is missing, imo
$BOXS - pretty sure we had a conversion of debt.
Outstanding 288,097,871 as of November 15, 2021. (from the Q)
306,832,167 as of December 2, 2021 (from OTC Mkts)
increase of 18,734,296 - in Outstanding share total
Between Nov 16th and yesterday, the total volume (approx. rounded each day's number) was 29,100,000
Not sure how much debt that reduced from the books but I would rather see that happen before this gets moving. If we had to face 18mil shares after we see more news and an upward trend, it could kill the momentum and push us back down.
$BOXS - I agree, some who may have looked at it in the past have forgotten. Throw in the Holidays and some have checked out until the New Year.
I think another factor is that people are looking for stocks with revenues and not just promises. I've traded otc for decades and the people I know are all looking for companies with decent share structures and revenues.
The QB status should help, you don't do that unless you expect to see revenues, etc. Also QB has much more transparency than the Alternative Filings rules require.
Looks like whoever was selling (most likely converted debt) is done, no volume so maybe we'll see a rebound from down here if there is any buying
$BOXS - LOL, this one is still selling shares, IMO to settle past debts. When it is done, it won't be because a cat died.
Share structure is good, much of the past debt has been settled. This will go up, I don't know when but it will be prior to a dead cat bouncing. GL2A
$BOXS - Going OTCQB probably unlike what you normally play. Trading near oversold. Hope your dead cat can bounce.
$ATWT - I'm not against reverse splits. UNLESS you do it so you can repeat your mistakes.
If they keep taking on debt with a 50% discount on the day of the conversion... then this one is done.
Lack of focus on finding one of their efforts that will succeed and will make money (generate revenue) means failure.
Darnell needs to focus and make ONE effort successful and on that foundation, he can branch out...
He's branching out at the expense of shareholders...dilution is what shareholders get in return.
$MWWC - post a few days ago from the company
$MWWC pic.twitter.com/gBySE37w7n
— Marketing Worldwide (@MWWCOfficial) December 9, 2021
$ATWT - a couple of thoughts on this:
from the filing they had $16k in revenues for the 3 months ending 9/30
they had $32k for the 9 months ending 9/30
That is not enough to justify a share price that is higher.
This one is important, the SEC/Finra/Otc Mkts are trying to get rid of those who don't own a viable business...ATWT needs to show revenues, not just promises.
We are here, because the conversions of debts is at "50% of the bid price at time of conversion" that's on Page 6 of 24 in the most recent filing.
Now we can get to the question as to why they might do a reversal? It depends on how many more conversions we have before they can figure out how to make money.
Go to page 22 of the latest filing and you will see how many notes are due from this date, going forward...then figure those at a "50% discount of the current bid at the time of conversion"
They will run out of shares at some point and when the majority of those are converted...they will either join the 1bn share outstanding club or they will reverse split. -- you can't continue to do this.
I know that they read these posts, this is what is missing from their business plan, FOCUS. Make one division (child safety) successful and then focus on the other one. Firing your guns in every direction is a recipe for failurel
$BOXS or to hope it will go down in order to pick up cheap shares...only 2 options.
$BOXS - like calling a baseball game over in the top of the 1st inning...too funny.
Just getting to OTCQB - just getting business deals completed, JUST the beginning.
Now if you wanted to buy some cheaper then we all understand, the comment, GL with that.
$BOXS - great news today and it looks like the application for QB status is going to make it this month!! Very positive! Can't wait to see what comes next.
$BOXS - definitely agree
$HDUP, I wish I was in charge of time...but I'm not. I do my best to keep from setting expectations based on what I want but to accept that it will come in time. Stocks don't happen on our time frame, they never have.
Sorry, had to take a call so I hurried this. This company put out a tweet saying that they haven't increased the share structure in Q3 and do not intend to do so in Q4.
They hired a guy "Hutch" who helped for Lotto America which turned into PowerBall.
It's not a short term play, in my opinion. Only put in what you can be patient with and keep the rest of you cash for short term plays.
$HDUP - on my 12th month of adding some more...lol
this one will have a payday like few others. imo
$BOXS - nothing is going smoothly with any entity. Too many moving parts, e.g. part 1 = the company (response times, etc), part 2 = otc mkts (que/response times, etc) and part 3 = Finra (que/response times, etc)
at each step someone might be on vacation for the Holidays or just swamped.
Anyone following OTC stocks knows that this has been a year of delays and the company has no control. They/we wait.
$BOXS - I am hoping the same. See what happens and if it doesn't... January will be a great month, imo
$BOXS - not sure which way it will go. I've been thinking we would see something more, from the company before the Holidays, but that theory is running out of time.
Not like a major update but just something to remind shareholders why they should hold.
If not, then between next Thursday/Friday and end of the year, it might dip. If so, those hoping to flip this year, for a pittance of a gain/loss, might exit at .0154 (one support level) or .0149 (another support level) and if those don't hold we'll hit 30 RSI around .013 (over sold).
I'm kind of neutral at this point. I'm holding so up or down doesn't matter. I like the industry they are entering and I've been buying since last December. I'm good with holding until we hear more. GL2U
$BOXS they are a gift
$BOXS - yep. Finra, like most governmental agencies, was very careful with any response to time frames.
You and I are asking two different entities, the company and Finra.
We have to look at their interests to understand their response.
COMPANY: always provide an upbeat picture to keep people buying and no penalty for being wrong.
FINRA: always warn that it could be January - they have nothing to gain and could care less about the share price. They don't want anyone to complain about what they said.
As noted in an earlier post, Finra said December isn't out of the question but noted all the obstacles. The company will always say, "maybe next week" they have different interests.
$BOXS - I liked this tweet a lot. It tells one that they are ready for something and I'm guessing that "something" will get announced once the QB status is there or they could do it earlier. I have no idea.
BoxScore Brands, Inc. @BoxScoreBrands Nov 10
In the past year, our business team has expanded to include industry experts with decades of experience in energy markets from sales and leasing, acquisition, exploration and production through supply chain. We are targeting ingredients and renewable energy components.
No need to build a team unless you're going to be in the game.
$BOXS - Finra. I spoke with Operations (they handle corporate actions)
this is what he said regarding the process and time frames for reviewing a corporate action request.
1 - when they get the request which OTC mkts will download to the Finra website it will assigned an analyst (it's put in a que so how soon the analyst will get the document is based on how large the que is).
2 - that person will then review and send any questions that they have on the request back for a response
3- timing all depends on the analyst findings, questions that person has, etc He didn't want to speculate on timing. He said it all depends on whether the requested corp action is complete (meaning no questions) or whether it needs some clarification.
Then it depends on how quickly they get a response to any questions along with how deep the que is.
so I asked would it be reasonable to think it could still be in December if an analyst gets it this week and he said it's possible, he kept urging caution every time I said December. But he never ruled it out by saying something like, "No Way!"
I hate to oversell something, especially to myself. So I'll just assume that this gets done in January and then be thrilled if that turns into December. GL2A
$BOXS - my crystal ball is in for repairs. Too hard to know without getting more details from the company. I don't think they will only do one acquisition.
When we see the complete entity, i.e. all acquisitions plus details of revenues or expected revenues. We could look up the average p/e for each industry and make a guess. Execution of a business plan will determine the success.
OTC/Finra/SEC has been pushing OTC stocks to trade more like Nasdaq stocks, regarding valuations, accurate filings, compliance, etc.
I'm guessing that we should break a dime in the not too distant future and then from there, I think one needs to know what this company will look like, e.g. what the acquisitions are etc.
Pretty excited to see them move into renewable energy components. All the major auto manufacturers have set timelines for building only EV products, just that market alone will bring in $BN's. we'll see, probably have a better picture in Q1
$BOXS - I asked the same question of Finra - not giving BOXS name just asking the usual response time for such a request. Will post any reply, already received confirmation receipt of the question...see what happens.
$ATWT - this is how dilution takes place:
10:26:45 - 9990 shares traded at .00875
10:27:14 - 1000 shares traded at .00705
13:14:16 - 1000 shares traded at .00765
Retail, all of us, can not trade 5 digit trades and MM's just need to alert the market that "new" shares (never have been traded) are entering the market.
Those trades indicate we have shares that could have been converted from restricted, entering the market. OR, they could have been included (restricted) but never traded. That would mean that they were free trading but had never been used in a transaction
generally, since they are new to the market they are considered at dilution.
THIS is where it gets tricky. A 1,000 share trade doesn't mean 1,000 shares entered the market. The 1,000 share trade just tells the market that new shares are being traded. This means we don't know how many shares were traded at that price, which was new.
Welcome to alternative reporting
$BOXS getting near 30 RSI - we should be nearing the bottom -- then we move up.
$ATWT - sorry didn't mean to be too negative but the dilution is this:
Held at the DTC:
72,865,334 on 1/06/21
166,115,044 on 5/04/21
188,557,681 on 12/8/21
I wasn't trying to say that the Wiley's were converting or to quote you, "Dead people can't trade".
If you look at the other debt holders one needs to wonder if some have or will give up.
It's just prudent to be careful, that was the point (I clearly didn't articulate) I was trying to make.
$ATWT - sorry, I don't have any info on that.
$ATWT - I think the problem with this is the following:
1) take a look at the notes on the filings with a 50% discount to the share price conversion. Once those are converted they have the luxury of selling on the bid until they drive the share price down by 50%
2) when the pandemic was looking like it was under control and everyone was returning to "normal"...the company felt it was a good idea to spend their time and energy in movie theaters, restaurants, etc.
3) when Delta variant and now Omicron - stopped by to say Hi. The company had not done the following:
a) identify major markets close to the corp offices (Texas and Florida)
b) had not set up a sales/installation force
This is their core business and both of those States would be perfect for their products. Both want to mitigate the impact of the virus but neither want lockdows, etc. Prefect places for the following sales pitch, "we will reduce risk so that you can reopen".
HUGE, missed opportunity. we'll probably see more notes converted into shares and remember on the day of their conversion, it's at a 50% discount to the market price.
Most of this is detailed between pages 4 and 6 of the latest Q
https://www.otcmarkets.com/otcapi/company/financial-report/308958/content
$BOXS - moving right along, OTC Mkts has been slower than their published time frames on applications for almost 2 years...more time to catch any tax season selling!