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I agree. I think its pretty much set moving forward. We just don't know when the bulk of the $600K was made. Sounds like its more recent since they plan on adding another $700K in sales in the next few weeks ($1.3 million by year's end according to PR).
So, if sales are really strong in this quarter, it may have been a little slower in the previous quarter as they were marketing the product and ramping up sales. So, I'd be completely happy with anywhere between 80-120 million o/s. Like I said, no biggie. I think we'll be in the penny range this week. Only up from here. GLTA!
Yes, I hear you. That could be the case regarding filing the 10Q. It may come on Monday or take a bit longer. No biggie. Regarding o/s, I agree that its probably around 80 million, but they had to file the s-8 for the stock incentive plan. That is a requirement. They only have to report the new o/s in the quarterly reports (10Qs). What I'm saying is they may have issued some shares to fund but I doubt it, that's all. They did issue 20 million between may and june to increase outstanding from 50 million to 70 million, but that was during R&D for the web product and they weren't making any sales yet. So, since the outstanding was 70 million as of August 1st, I assume the outstanding is 80-120 million (leaning towards the lower end). It's not a big deal really. That is still very low to me. I just don't want people to complain if they had to issue a bit in august while they were ramping up sales. That's all. I'm long and strong on this stock. I think its only up from here and looking to reach pennies this week. GLTA.
Do you think they'd include it in the 10Q or just summarize it all in an accompanying PR? I'd also like to see what the o/s is. I'm assuming its around the 100 million mark or thereabouts. Since it was 70 million as of August 1st and they added 10 million in September (for employee stock incentive plan), not sure if it would've been necessary to issue anymore shares since they've had growing sales to fund the business ($600K to date). I'm assuming anywhere between 80 mil - 120 mil. I would be very happy with that.
I'm not sure whether the 10Q thats coming out shortly will be much of a surprise. Probably just status quo and perhaps they captured some of the $600K in sales in the previous quarter ending Sept 30. Hopefully, there will be a PR accompanying it discussing milestones, etc.
They're definitely moving things along nicely. According to the last PR, they expect to be in the black next year. JMHO.
Yeah, if you look at the last 10Q, they filed a NT 10Q in august as well and then released financials a few days later. I would imagine Monday will be the day we get the 10Q.
Yes, they filed an NT 10Q back in August as well and then filed the financials 3 days later. So, it looks like we may get the 10Q on Monday.
Exactly. Because of the slowdown in the economy, many industries are trying to maximize their customer retention and sales programs. I would imagine this product could be applicable to many different industries with just a bit of tweaking to the information captured in the software.
Because of the slowdown in automotive sales and the desire of dealers to maximize the management of their customer relations programs, the market for the WEBDA program has "really heated up," Humphries said. "We are now taking aggressive sales measures, assuring DLAV the maximum amount of business in the shortest period of time."
Great DD folks. Thanks!
Great day today. Definitely changed over the day. Flipper/momo action in the am and then steady accumulation in the afternoon. People are now buying the company instead of the play. Very compelling story. Only up from here.
By the way, great DD on everyone's part.
Did you tell him to buy some stock :) Did he mention any other products they are working on? Or adapting the current product for other uses such as the boating industry, customer service companies, etc? Thanks.
Saw that. They also did mirror trades at .0043.
When did the hototc recommendation come out? I subscribe to their newsletter but haven't received todays. They have some great pics that really rise in value.
They may also have other deals in the works.
Actually, I'm one of those people that will never buy a sub penny. The only reason I bought this is the compelling story of the company, its otcbb fully reporting, has proprietary software that's revolutionizing the car dealership industry and exponentially increasing sales. I'm shocked that the stock price is so low. I think we'll see pennies very soon. Maybe this week. I agree, once it get's past .01, it will never go back sub penny. Even the company's incentive stock is priced at .10. That bodes extremely well imo. GLTA.
Once this gets past .01, I believe it will attract an entire new group of investors.
Agreed. If you want to spread the word, make sure you focus on the COMPANY and its products, sales and recent PR.
Definitely money in the bank but with a higher interest rate :) As word continues to spread and people discover this company, it'll keep going up. These are bargain basement prices imo.
Hope to see another PR in the very short term as well. GLTA.
This is only the beginning imo.
Glad you got in. Keep asking your questions, but phrase them nicely please. I think its really good to flesh out the facts.
Did you see my reply about o/s?
Exactly, this is a REAL company that is grossly undervalued. They are fully reporting, have real sales, real proprietary software products that a revolutionizing the car dealer industry. Much much more to come imo. GLTA.
Exactly, flippers are gone and now people are accumulating this stock because of the company, products and sales. Only up from here imo. GLTA.
Looking for a nice eod day run. Wonder if we can hit .07 again or surpass it. More people understanding the value of this company now.
It's a future stock incentive plan. They haven't been issued to them yet. When employees perform well, they are granted options to purchase shares at a price well below market. So, let's say they decide to enact it early next year and the stock price is then .25, they will receive options to purchase at .10 based on merit.
Of course, they can buy all they like right now on the open market.
Well, we do know for sure the o/s was 70 million in august. They filed an s-8 in Sept for 10 million to do a stock incentive plan for its employees with a sale price of .10 per share (which is great). They probably have not even issued those shares yet, but let's count them in. So, we believe there are 80 million outstanding. There may be a bit more but I can't see why they would need to dilute any further.
They increased o/s by 20 million earlier this year (50 mil to 70 mil) to do R&D and the software product had not really begun sales yet. But at this point since August, they're having blockbuster sales, so I can't imagine they increased o/s by much (if any) since September. JMHO. GLTA.
I understand your concerns. I've seen it happen with a lot of speculative pinky stocks. They move on someone saying they called the company and heard this and that, etc.
This is a completely different story. I normally invest in fully reporting companies that have sales and products. This is one of those companies.
They are fully reporting. They have amazing proprietary software products and exponentially growing sales. No brainer in my opinion. The stock drifted downward because nothing had been going on for months in terms of PRs or updates. Looks like they were getting all their ducks in a row and ramping up sales. I think this is just the beginning of the fun.
Great update! Thanks.
Did he intimate PR this week? Thanks for the update.
Flippers are gone folks. It's up from here. I say we hit a new HOD before the close. People are seeing the true value of this company.
Maybe new HOD this afternoon.
I would tend to agree that we'll be seeing more news shortly. I don't think they came out of the quiet for just one announcement. Also, they priced their incentive stock plan shares at .10 in September, so they obviously think its going to be a lot higher than .10 in the short term.
Hopefully we'll be hearing about larger deals. Also, the 10Q should be out shortly.
Well, I think a lot of these flippers are treating this like a speculative pinky which its not. It's hard for them to get out of that mindset cause the stock price is so low at the moment.
The turnaround has only just begun. Fully reporting otcbb company, great software product, growing sales. Just the start imo.
Stop repeating yourself and printing in caps. The next moderator needs to delete your duplicative posts. You've made your point, now move on.
Yes, I think this is a great hold and a great buy at this price. With a stock at this price, there's always going to be flippers. The good thing is that this is not a pinky.
It's a real company that is a fully reporting otcbb stock, great software products with market traction and growing sales. This is just the tip of the iceberg. When investors start looking at this more like a real company as opposed to just a quick flip, this will move higher quickly. I think we have a good week ahead.
I would imagine they will be releasing additional news shortly as well.
Lot's of mirror trades. MMs need shares imo. I'm holding and trying to get in on the dips, but not getting filled.
Agreed. I think it'll move back up after lunchtime. I think we're holding fine.
Great buying opportunity imo.
I wouldn't touch EPGL. A p&d perhaps?
I think you are over-reacting. It's quiet cause its lunchtime. Maybe you should get some lunch and relax. This is a great short and long term hold imo.
Actually DLAV is doing well. A few shakes throughout the day is healthy. Builds a stronger base.
They are a fully reporting otcbb company, with a great software product that's revolutionizing the car dealership industry, exponentially growing sales. Great PR from yesterday. 10Q coming shortly. This is not your typical pinky p&d which you may be used to dealing with.
Not sure why you would be negative on it. We're not all p&d's that you seem to be.
"DealerAdvance™ makes it easy for me to manage my sales people on the lot and make sure they are following our Sales Process the way we [Vann York Toyota] want them to. The best part is that they [the sales people] love using DealerAdvance ™ and know how much it can help them have more sales."
Andre Joyner, Sales Manager, Vann York Toyota, High Point, NC