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If this is true, then he will be able to get his share price back up.
Don't you know that stocks go up and down without reason? And I don't think you know what dilution is if you say "time to dilute"
There's no dilution, there's only negotiable convertible debt to Rachel Cook and she's likely not going to sell any shares while they haven't even tried to get the price up to where it belongs. This is just low volume trading going on due to new speculation. In the plus side, there was a great quarterly and a new release next week is likely because they follow through on their tweets. On the downside, there was still over 2 full trading days before next week, and that news not likely to be released Monday. So the price got big buys and big sells and the pps held.
It's only a matter of time, if there's a dip it'll be very short lived because there simply won't be enough shares for sale.
No, they are constantly outperforming each month, so by end of year they are likely to have over 30 million in revenues.
Very stupid crazy, yes.
There's no shorting, just boredom. Low volume is the only problem, just needs attention. The CEO doesn't promote the stock or release PR's so not many eyes on it.
This tweet from Nov 30 is what makes me believe this quarterly may show nearly 10 million in revenues:
"With 7 houses sold for the month of November at a average price of $450,000.00 , we are expecting December home sales to be another great month. We are expecting January 2021 home sales to break all previous January sales providing for a very good start for 2021."
Depends if they continued to sell 7 houses per month, we don't know but I think we will find out today.
Yup, pink current again and now CEO will show highest quarterly revenues ever, I'm estimating about 10 million in revenues with 1.3 million profit. Better load up tomorrow under a penny while shares are available.
XTRM Pink Current now? OTCMarkets shows it listed as Pink Current now from the main search but still shows Pink Limited sign after loading the page. Sign probably in progress of coming off or something. Maybe before market open and updates and 10q during the day. When he does provide updates, this will be nearly .02 or maybe go higher in just 1 or 2 days.
Exactly, just a matter of time. That yield sign should have been off today though, maybe someone needs to contact OTC markets to get that update done. I know the CEO will post that 10q the same day as they become current.
Good thing today was an overall down day for penny stocks, allowed loading under .0080.
Today is a great day to either discard or load shares, depending on whether you believe the numbers will be great enough to drive the price over .01, if they won't, or the price might drop just because we are not likely to see any twitter or OTC Markets update today. I'm guessing most are holding. I'm definitely holding my shares, may be difficult getting shares even 10% cheaper than this price, not worth the risk selling as the market cap is too low and there's still no sign of dilution.
Also, this quarterly is going to show the highest ever revenues for 1 quarter. The CEO said more than once that every month has been better than the last since November. The recent annual report confirms the revenues they spoke of. Now when we see this 10q, it will be obvious that they will have over 30 million in revenues this year.
It seems the Q1 10q is ready to submit based on their most recent tweet.
"Once we are current on OTC markets we will provide our 03/31/2021 Quarterly."
A yield sign appeared because of that attorney letter was needed. It was uploaded yesterday so I believe that yield sign will come off by tomorrow and that quarterly will be posted before the weekend.
I own 1% of the company now.
This is just for the annual report attorney letter. We are waiting on Q4 2020 10q filing.
CEO is dropping the quarterly today
New Tweet: "Company updates are coming."
Same tweet before last report which came out the next day if I remember correctly. That was an annual this is just a quarterly. Might come out today or tomorrow.
The OTC is starting to turn back around today after almost 2 weeks of selling. And the 10q is coming any day. The price should be .0080 or higher by end of week.
But they are losing double their profits to operate. And they have almost 20 million in debt. However there are not many stocks with large revenues with a low market cap so this has potential. However there are better investments, such as xtrm which is also 6 million market cap with large revenues but they are not in debt and are profitable.
This quarterly is going to show large revenues far exceeding previous quarters. If you haven't been following the company since last year, you wouldn't know that their November/Dec/Jan sales have been their biggest, higher each month.
XTRM Tweet #2 : Company’s 03/31/2021 quarterly is being worked on. $XTRM
There is no outstanding convertible loans or toxic debt, no increase in shares in years other than for acquisition of North Star Homes. Therefore there is no dilution. All OTC going down right now.
No, the SS is the same as it has been for months.
The only reason it's going down is because all OTC is going down. XTRM hang in there for a few days but finally today it dipped. It is inevitable when the entire OTC is tanking, as bullish as I am, I knew I could get shares down in the 0050's.
There is absolutely nothing wrong with the company. The stock does not go up because there are simply no buyers - the CEO does not pump his stock.
They have 20 million annual revenues, and recently reported 12 million for last year. Next year they may report over 30 million revenues for this year. Market cap only 6 million or less at this price, and they are net profitable with over 6 million in assets and NO DILUTION. Can't find an investment like this in OTC.
Also on the 2 year chart IPTK is sitting at a high price, where XTRM sitting low
Not quite the same thing, nothing special looking at IPTK share structure, financials and balance sheet. They have a 60 million market cap with almost no reported revenues, almost no assets, 1.5 million in debt. So that is highly speculative whether or not they succeed and seems it will totally depend on their ability to make a deal/contract. XTRM is already successful making money but valued only $7.5 million.
It seems to me they do not want the share price to go higher yet. So they don't file any official 8-ks or PR's. They choose Newsfile which basically nobody sees. So many things could drive the price higher, all they would have to do is make an announcement with an 8-k filed through EDGAR, or a regular PR through a major newswire so that everyone sees. They could announce a name change (which is definitely coming), uplisting intentions, share structure improvement, increasing revenues, etc etc and people would buy this stock up and the price gains would hold.
Don't know why they prefer to be hidden, but eventually I think the CEO will see some majora advantages to having a higher stock price and make an effort to get it higher.
Financials have been updated this morning on OTCmarkets.com, showing their 12 million revenues for last year with profit and positive net income. Assets still exceed liabilities. Share structure still the same, O/S still the same because they don't need financing (no dilution), and market cap still only 7-8 million. This is a hidden gem, so undervalued.
This is a complete lie. They have 0 toxic debt (NONE!). Their only liability is $2.8 million to Rachel Cook, the owner of North Star Homes. This is the deal for the acquisition done over a year ago, which is now making them about 30 million in annual revenues. There has been basically no conversion this whole time! The O/S has only increased by about 20% in 2 years! This is a non-diluting company and the fact that Rachel Cook has not been converting shares means something.
About 100m from 2017 to 2020. Tell me a company that dilutes less that is profitable that is currently valued at less than 1.0x sales?
Why is this being "pumped" but there's almost no volume?
Don't think so because the annual report is going to be phenomenal with their revenues last year.
Annual report will be coming soon. I'm anticipating a tweet in the coming days about it. It should show very nice revenues.
I guess the next catalyst is the next 10q, unless he tweets again of another incoming PR
Yes, I don't know why the CEO has to notify us of an incoming PR. If I was a CEO, I would notify my loyal shareholders who monitor twitter of an incoming news release if there's something actually new or important to say. Otherwise just simply release an update to shareholders randomly after hours or pre market.
True, just a disappointing day for which everyone had high hopes.
A$$hole CEO filed with Newsfile again, and nothing new in the news.
I see this all the time in stocks, people impatient for news, they sell temporarily to buy back cheaper knowing news probably not coming till end of day.
It's gonna go right back up