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That's something to be really proud of, I'm glad everyone can and will make money here, this is truly a diamond in the rough!
Going to be amazing!
I love this shit and want more of it, loving it.
BYOC 2020
Please keep posting on that on the BYOC board, it'll sink in eventually.
Its easier to fool someone than it is to convince them they have been fooled...
Can't fix stupid, that's for sure! God knows "many" have tried.
When stocks are grossly undervalued, that tends to happen.
Hey, its making it's way back up to a penny, so start mentioning that BYOC can uplist back to QB status that previously was mentioned would be lost and never get back.
Although, QB application is a waste of money, if the ultimate goal is Nasdaq, as I previously mentioned nobody cares about QB when Geordan can just jump it.
Evaluations will matter, I think they are already mattering, and those evaluations won't yield a measly .005 pps.
Much much higher. And now the TA is showing the same.
I hope all prosper here, cheers to a wonderful 2020, especially for BYOC true longs.
Wrong
Wrong
And
Wrong again
Additionally you've made previous comments/ accusations that Geordan can somehow wave a magic wand or his hand and make the pps rise... you do know star wars is not real and CEOs and companies don't use the force, wave thier hands, and magically up share prices?
While it is true that pps performance somewhat results from what the company does performance, finance, and communication wise... ultimately PPS is a function of the market. This is not just based on BYOC, this is for all companies, in general.
Among a few other fruits... and let's not forget about that super nice NOL of 40 mil, reduce those corporate taxes to pretty much niltch or use them for other benefits.
Nope!
Appears a "non dilutive line of credit", so if the financials were that bad, how could BYOC get a line of credit?
Buhahaha
Agreed.
However, I'm not mad at anybody selling BYOC, you got to do and make decisions on your own, and selling is a result of buying, so it's going to happen.
Don't be mad that a certain group sold off... that can happen and for any stock in the universe. And there is nothing wrong with that!
I am extremely happy that there WAS selling, and happy with what resulted, plus I learned things along the way in more ways than one (good and bad). Its only temporary anyway, and now BYOC is soooooo undervalued now, its litterally insane
I forgot to say Thanks for selling!
Considering the large selling end of quarter 2 last year, those shares were bought.
Outside of that, company is doing fine and the pps being low has NO bearing on operations and the company's ability to continue on its path.
In the grand scheme of everything, it took a couple of years to clean up and set up BYOC to cease being a shell and become a viable real company, along with setting up future acquisitions and non dilutive funding. While I believe the base of the business is set up, no doubt I'm sure there is still a ton of work taking place. Will have to see where the future goes, I believe early this year, we may get an important update on their next plans. All imo with plenty of patience, of course.
Wow, you really keep good tabs on BYOC and it's progress.
However, I would say they have delivered quite a bit after ceasing to be a shell less than a year ago.
https://www.otcmarkets.com/stock/BYOC/news/Beyond-Commerce-Reports-Record-Third-Quarter-2019-Results?id=246421
No dilutive toxic funding going forward:
Pursglove, added, "On the corporate front, our team has been extremely active with our attorneys and accountants in strengthening our balance sheet. We are extremely proud of the significant improvement in shareholder equity to a $5.0 million deficit. This puts us in much better position to achieve our 2020 goals of closing additional acquisitions and pursuing an uplist to a national exchange. All of our successful efforts are reflected in the fact that our corporate overhead and operations have been self-sustaining over the past six months, as we have not had to go back to the capital markets to raise money. We look forward to closing out the year strong and improving our business and capital markets positioning in 2020."
While we already knew this about the directors being independent since at least 12/3/2018, the update is important to meet standards & corporate governance... & LEGITAMCY!
Laying the foundation for further updates to the global market.
Always love the always negative posts/ opinions here, cause you know there are actually some people that get fooled by it, smfh. Works in my favor to keep accumulating, so keep it up!
BYOC has its profile updated on OTCmarkets showing "Two Independent Directors"
https://www.otcmarkets.com/stock/BYOC/security
Verified Profile 12/2019
Transfer Agent Verified
"Two Independent Directors"
Why is this important? Legitimacy
Basically shows they are dotting i's and crossing t's, making sure they are compliant to standards and corporate governance.
Here is what OTCmarkets defines for independent directors
An Independent Director, as defined within the OTCQX Rules and the OTCQB Standards, means a person other than an executive officer or employee of a company or any other person having a relationship which, in the opinion of the company's board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director. The following persons are not be considered independent:
(1) a director who is, or at any time during the past three years was, employed by the company;
(2) a director who accepted or has a family member who accepted any compensation from the company in excess of $120,000 during any fiscal year within the three years preceding the determination of independence, other than compensation for board or board committee service; compensation paid to a family member who is an employee (other than an executive officer) of the company; or benefits under a tax-qualified retirement plan, or non-discretionary compensation; or
(3) A director who is the family member of a person who is, or at any time during the past three years was, employed by the company as an executive office
Its always good to post where some "so-called facts" come from.
Please post "fact based" comments and please reference where information was found with a link, picture, etc.
Everything is in the filings and news releases on otcmarkets for BYOC, soo...
Without providing proof where facts are found, and simply saying "it's a fact", is not a means of backing up your posts. This leads to opinions, which are untrue and blatant lies.
It is fine to post opinions on any negatives that might have been found, but in all reality, those negatives have little to no risks.
Pretty sure BYOC, Geordan, and the board of directors know how to run their company, as can be seen in the latest filing.
Here us where one can see all the SEC required filings:
https://www.otcmarkets.com/stock/BYOC/disclosure
Qualtrics is a direct competitor and is listed as such in all of the BYOC filings.
Yes 8 billion dollars, which was a 20X multiple, by SAP... who is SAP, it's one of the largest, if not the largest ERP software platforms in the world!
My current company that I work for uses SAP, and they have been integrating Qualtrics systems.
SAP is especially well-known for its Enterprise Resource Planning (ERP) and data management programs.
SAP is an acronym for Systems, Applications and Products.
Again, Beyond Commerce is doing the same thing as Qualtrics is, plus it appears more in terms of data analysis(predictive) algorithms.
Qualtrics getting bought at a 20X multiple, which is astromatically high and unheard of!
Here is a good quick article:
https://www.google.com/amp/s/techcrunch.com/2018/11/11/sap-agrees-to-buy-qualtrics-for-8b-in-cash-just-before-the-survey-software-companys-ipo/amp/
There is also a lot of action lately with Qualtrics and SAP recently, google it.
As per last PR on the 3rd quarter ending:
The resulting EPS loss for the nine months ended September 30, 2019 was ($0.01) per diluted share, compared to ($0.00) per diluted share for the nine months ended September 30, 2018.
Read it here:
https://www.otcmarkets.com/stock/BYOC/news/Beyond-Commerce-Reports-Record-Third-Quarter-2019-Results?id=246421
No dilutive toxic funding going forward:
Pursglove, added, "On the corporate front, our team has been extremely active with our attorneys and accountants in strengthening our balance sheet. We are extremely proud of the significant improvement in shareholder equity to a $5.0 million deficit. This puts us in much better position to achieve our 2020 goals of closing additional acquisitions and pursuing an uplist to a national exchange. All of our successful efforts are reflected in the fact that our corporate overhead and operations have been self-sustaining over the past six months, as we have not had to go back to the capital markets to raise money. We look forward to closing out the year strong and improving our business and capital markets positioning in 2020."
Nothing but facts, financial filings, and data. Can't wait for 2020!!
I don't mind it.
I wouldn't say there's complete silence however.
Not that I don't want cheaper shares, because I definitely do, but the opinions of some are very far fetched, risks of those opinions are niltch.... and are only here to get the pps to poop, then scoop up the cheapies.
Follow the filings and what the company puts out for news, you either believe what they say or you don't. I always have and will be quite fine.
https://www.otcmarkets.com/stock/BYOC/news/Beyond-Commerce-Reports-Record-Third-Quarter-2019-Results?id=246421
Key Financial Highlights for Q3 2019:
Revenues increased to $1.8 million, a 38% sequential increase from Q2 2019
Gross margin of 58%
Total assets of $9.7 million
Total shareholders' deficit of $5.1 million, a significant improvement from $15.8 million deficit at the end Q2 2019
Key Business Highlights for Q3 2019:
Service 800 recognized bioMérieux with award for 20 years of steady commitment to customer experience excellence
Service 800 awarded contract from Thermo Fisher Scientific initial multi-month pilot program
Management Commentary
You know I'm a long term investor and don't trade for a living, so neither of those apply to me at this point for MVNT or any of my other tickers
Thanks for caring!
I could sell anytime and profit, but holding out, as everything MVNT has communicated has come true, and I expect the pps evaluations to eventually adjust the market cap for what it would be for companies in this space. They need to deliver of course, but why would they not after coming this far.
The SEC changes made this year favor legit companies, so I'm sitting pretty in all my tickers.
All of our successful efforts are reflected in the fact that our corporate overhead and operations have been self-sustaining over the past six months, as we have not had to go back to the capital markets to raise money.
We're going to hold you to that, so be careful!
I think they grossly underpaid considering this industry.
I'm not really worried about my account, but always glad you are and what you think it looks like.
I like this quote; "Its easier to fool someone, than getting them to understand that they have been fooled!"
So true my friend.
"Think What You Like" Definitely, no problem there... I do believe I'm intituled to do that.
Your thoughts haven't steered me yet... ultimately we're both still here with and for Geordan of BYOC, lololol. Otherwise, why would we hold a stock where we feel a CEO is lying, just doesn't make sense.
Which is what happens after companies make acquisitions; and I would for sure expect this, if the holding company was previously a shell.
But i have a feeling you know this already, lol.
I guess we'll be hearing this for awhile because there's more acquisitions coming and on way better terms than for S800.
I didn't say it, Geordan did... literally in a news release:
https://www.otcmarkets.com/stock/BYOC/news/Beyond-Commerce-Reports-Record-Third-Quarter-2019-Results?id=246421
Kinda hard to do that, if what Geordan says is true, which appears truthful:
Lucky us... I'm in 3 legits like that, including MVNT, with a couple others possibly. I guess I pick winners (buhahahaha)... I treat them the same way as my big board stocks, which is prolly not the best practice. However, they're at the support levels and absolutely stupid to sell, especially with catalysts coming.
Patience is the hardest with any type of stock, no matter the board, but it's harder down here in otcland. Lucky for me, I got time and money to grab some at support levels. Damn cheap!
Agreed, lmao.
Got your pm, can't respond cause I can't justify paying for this, lol
Any type of reasoning for MVNT or other tickers is always down played, and we know why.
Nobody can trust the posts even if the truth was told.
Integrity is a huge miss.
Agreed
What some like to call negatives here(of course we know why!), in the real business world, those are considered and called a "risk" to the business.
All things considered here, I'm sure MVNT management is well aware of all the "risks" of doing business in other countries or some of the other risks that are identified on this and "cough, cough" other boards. I would say some or most of these risks identified on boards are not even considered or a thought by the company management team, because they're truly not risks at all...but we know why they are brought up here, don't we!
So, to sum it up, I would consider the risks identified here (aka negatives), to be a low likelihood(%) of occurring and the risks to long shareholders nonexistent, but we know the real reason why they're identified here, lol.
Here is a great article on NOLs and carry forward of them to reduce tax burden.
https://www.investopedia.com/terms/n/netoperatingloss.asp
Company or BYOC investor relations has no problem talking to the true smart long investors about boiler plate statements about risk, which is on every filing for every company in the universe that SEC files, as they have to identify some you're of risk.
They can also discuss the NOL of 40mill that has value, and how that will be used in the future, lol.
All it takes is picking up the phone or sending an email. Of course, if they can't answer your questions because they violate SEC regulations, well then your SOL and I suggest asking something that they can answer you on...who knows it might make one a smarter investor, and not have waste time or clog up a investor board.
This may help, see risk factors:
https://www.shearman.com/perspectives/2019/08/sec-proposes-to-modernize-risk-factor-business-description-and-legal-proceedings-disclosure-rules
OTCX I feel that is what is discouraging a lot of people from buying unfortunately. Nobody wants to stick their head out and hit the ask and waiting for others to do that, imo. Of course, as you know, you put up a good bid, it does get filled, so you have that aspect of everybody wanting to get bids filled. It's stupid, because stock is minimally worth 1.5 cents, taking into account of everything known "at the moment" and especially the current SS, imo. So everybody should feel mighty comfortable buying below .005, but here we sit.
The 10Q spelled it out when and how many shares were converted.
Based on volume you'd think that the converted shares have hit the market, but otcx is still on the ask.
Lastly, the PR said: