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We raised out A/S to 900M. To me that’s bullish. I usually see companies raise to 3B on the OTC
Maybe when our acquisitions close the dilution will stop.
I’ve been buying some of the dilution. Can’t help but add here. I’m just about ready for them to be done selling shares though.
Yesterday NITE had the 1M on the ask. Today it is CDEL.
Yes eventually we will all make lots of money here. I’m going to wait until after the acquisitions are closed. I want to see if they have to raise the A/S. Personally I don’t see that as a bad thing, it’s part of growing a business. Stocks usually react poorly to that though.
I like your optimism. It’s important for someone here to still have some. It’s too bad it’s playing out this way since the mistaken PR. For me personally I just need to know that the $22M deal is/was real before I keep loading. I like everything about this company other than a couple unknowns.
What do you think the big PR will be about?
I hope they prove my recent thoughts wrong and my investment right. I don’t like that they refuse to verify anything while selling shares into the market. I am looking forward to being wrong.
The ONLY thing that matters here is the status of the $22M contract. It’s either real and we are golden or it’s not real and management are dishonest scam artists. I’m leaning towards #2 with the lack of communication. Holding all of my shares still and am waiting until we know one way or the other.
$1.50 a share is damn nigh a $600M market cap. Did Stitts actually say that? That’s quite a number for the CEO to put out there.
If we all contacted him through email he’d get the idea. We aren’t asking for anything more then we are entitled to as shareholders since the deal was already made public.
What Stitts isn’t getting is that these PRs are lost on everyone but a few of us. If he could confirm the $22m deal was still on we’d be over .10 on our way to .20 now.
Agree on all points. I’ve sent an email. Everyone else should too.
If they are going to need to increase the A/S they want to hurry and file. Usually there this quite a period before a change like that happens. Almost seems as though it’s something they would of already done.
Someone isn’t waiting to find out. That’s a big ask stack.
I think your questions and concerns are good for the stock. No one should blindly invest bc in the OTC best case scenarios are rare. A/S raise or not imo this is still a good buy.
This is why we invest in penny stocks. High risk high reward. If we didn’t have to guess at things what fun would it be.
I was under the impression that the O/S was into the 300M+ by end of Q1. That’s my bad if not.
If they sold 75m shares into the market though for cash some of that money would of shown up in the Q1 report.
You are right. They are the 2 scenarios. We will find out soon.
I am sure we will get an update from the company soon about EVERYTHING that’s going on.
Well if they closed the deal they must of found some $$$ somewhere. Hmmm. Proceeds from our “fake” contract?
Really, none of us here know what the hell we are talking about. I think the SP is cheap and I’m buying and others think it’s going to drop and are selling. We are all just guessing because management isn’t communicating. For some reason they don’t care about shareholder sentiment. I could understand that if things were rolling and they hadn’t just released a premature PR and left doubts in all our minds. They don’t care, which is odd since they own so many shares.
The company isn’t giving up its patents. The patents are in Taylor trust (Wileys) name. They are being sold to the company.
I own my own business too. I understand your frustrations. If I ran my company the way 90% of OTCs did I’d be bankrupt. We all feel deceived and in fact we were deceived. We were led to believe that the deal was signed and happening now.
I just don’t see the purpose in Stitts releasing the name of the company a few days before the Q was to released knowing we would all be saying scam.
I wouldn’t blame you for dumping your position. I do actually believe this is just a long patience play though. Stitts and Wiley have too many common shares to not get the SP back up.
I said before that I didn’t expect any money from the $22 deal to show up in Q1. There are lots of reasons why but Atwec doesn’t have an inventory of 95k units and a company isn’t going to pay a set up fee with nothing to set up. These things take time.
Tomorrow will be interesting. Honeycomb told us if the $3M wasn’t in this Q then we are going to trips. If that happens I’ll own a lot of shares.
Starting to look like I won’t get the chance to get sub .02s
So, Q due tomorrow?
I personally am going to wait for the Q to buy anymore. I’ve got enough shares that if it runs I’ll be laughing. There is always that possibility especially in the OTC that revenues suck or business is delayed. In that case I’ll probably double down on the sell off.
I like your thinking. $1 would make some patient investors very happy.
We will see. A distributor. Or a sales rep doesn’t need a fancy office. They need a phone and a list of people to call.
Thanks for the reply I appreciate you sharing.
I have thoughts about the Envision works deal. They are a distributor for Atwec. That doesn’t mean that EnvisionWorks ordered $22M worth of products for themselves. I think it means that the order was placed through EnvisionWorks by a larger private company.
I don’t think Stitts is a liar or scam artist. I’m not sure what is up. If it wasn’t for the damn website...
Marty can you say you are confident that the $22M deal is still valid and legit?
Sadly, that’s the wrong envision works.
Funny at .14 I was thinking .25-.30 was going to come easy lol. Yet here we are, one of the most violent drops I’ve been part of.
I’m sure we will all be able to make a nice profit here eventually but it’s awfully frustrating to see the total lack of respect management has for us.
Only reason we keep dropping here is management sucks. Why take a company public and then refuse to update the shareholders?
I don’t know what the right move is. Load up bigly or just wait and see.
Doesn’t that just exude professionalism.