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Don't waste your time with this guy..he's hopeless
Oh and BTW...O/S still at 2.9BN one month later after last 86 M share conversion that was reported. Carry on with the dilution delusion.
Could be worse. We could be sliding down to the low teens instead of maintaining the high teens and touching low 2s. Until the CEO speaks up and tells us what's going on..it's just now waiting game until the next financials are out and tell us the story. However, like I posted before, I would expect upward pressure on the price from speculation that fianncials will be much improved with ARIA on our about 15 days or so from expected publish date.
That's my point. If he doesn't speak up about what's happening ..then all of this action is pure day trading /short term profit taking stuff and nothing more.
Too many traders see this only as a beer money flip opportunity and want to jump off the first 10-15% upward movement thinking it will come back down again..rinse and repeat. The CEO is facilitating all of this by keeping his mounth shut about any progress made in the treatment center and where they are in expansion. It makes it difficult to attract any investors that actually want to stick around long enough to make 1000%+ on their investment
Right now I just want this guy to say something..anything really. Wonder if he's still alive? First OTC I've been where the CEO is so quiet...usually it's the opposite..the CEO can't keep quiet...on twitter, PRs ...etc. I do miss those "Pumper" CEOs now...even though their companies were really nothing compared to this one
Yes..but I'm going not by old history but what's happened in the last 30 days and looking at what the CEO has said would happen...dilution slowing and coming to an end. I'm not considering what happened 12 months ago..that's been explained in the FAQ.
They have more beds and insurance carrier approval..than when they billed $600k for two months. They were out of network before. No longer the case. Revenue projections should hold.
High volume day here @100 shares..LOL
Here's what I get from the property value tweet...
They purchases 75% of the ARIA business but none of the real estate. Meaning they have an option to purchase the R/E along with the business that they can exercise. Quite frankly, unless that clause has a time limit and low strike price..I would prefer they punt on that option for now and focus on getting investment into the business /capacity to deliver, etc.
8 cents is a great dream here...but when they were at that level they also didn't have 3BN shares...so more realistic should be in the range of $.01-.02 anywhere in between...makes the market cap between $30M-60M which for a fully functioning and licensed/insurance carrier approved treatment hospital generating $4M per year revenue...could be. This assumes of courese dilution is held in check (but not zero) until the next financials and that the debt situation can be handled through better re-financed options than we have today with new profit from on-going operations to support the re-financing
Pros at work?..looks like they need some remedial training on MM 101
They haven't been able to bring this down below 18 no matter how they try. Everyday that goes buy is a missed opportunity for them and closer to the next financial release..it's only a matter of time before this price goes up as we approach what will be anticipated results topline from ARIA on the books...time is on the longs side here
Finished green today..I guess bashers and MMs are falling down on the job again....hop to it boys no room for slackers on this board..LOL
Like I said..hard to screw up this business model with literally unending patient base and growing (sad) and licensed and insurance approved...not sure what else you need to succeed here in the next few quarters
I guess you don't check the OTC page much do you? O/S is still at $2.9BN since early August. Where's the dilution?
how can one mess up a drug treatment business that has a steady stream of clients (unfortunately for society) a lic to operate in Fla, insurance carrier approval. If this one goes bust, I will never understand it because it's almost a no brainer as a business model irrespective of the screwed up capital structure that over time could be remedied if the business is successful
O/S still at 2.9BN since early August. Keeping an eye on that as we move forward towards the next earnings release for Q3. If it holds, we should at some point see a rise in the price leading up to that release on speculation alone (and reality) that revenues from ARIA will start to show in the books for the first time and profit from operations before debt service should increase substantially given today they are only reporting rental income from the old Canada property I believe
Not convicing anyone man. You're a one trick pony on dilution postings
I think you need a new act.
Can't defend the CEO here. He owes us updates on a more regular basis and he said he would be doing that in his FAQ
If ARIA isn't profitable, they may be on of the few drug treatment businesses that aren't...as industry publications often cite how the profitability of these types of businesses has resulted in many companies rushing in to meet demand. As long as occupancy remains high..they should be ok. Once they start seeing the revenues and cashflow on the ETHEMA books, the debt won't look so ominous and they may also have more options to refinance than before for that reason.
Why do you assume they would not get revenue on the books for Ethema? They reported buying 75% of the business from ARIA...that means they report the revenues as an acquisition majority partner..revenues don't get split up when there's a partnership involved..majority partner gets the revenue and all of the cost..then the minority partner gets a share of the profits or loss as an investor would. ARIA ownership becomes an investor in ETHEMA now after acquisition closed. BTW..their tweet on the property option to purchase make sense if they purchased the business and not the property per se...they must have an option to buy the real estate as well in their contract with ARIA
Thanks.
Pathetic little wall at .0018 ....does anyone have L2 view they can share?
We may be trading sideways here for some time to go until we get closer to the next financials being released (assuming no further communications from our tight lipped CEO) which expectations will be the treatment center revenues to start showing up for Q3. So I expect a moderate upward trend to begin anywhere from 7-15 trading days before the next financials are due (perhaps sooner)..speculation will leed to short term loading and an opportunity for longs here to make a decision to continue or get out (sell the anticipated news). I recently ran the same route with another home run stock I was invested in...and decided to get out just before the next shareolder meeting near the top of a run...made decent change..wanted to make more but didn't trust that the news would be that great...was right unfortunately..and the stock lost 40% a week after the stockholder meeting
I hope this one's keeper unlike that one was not and ends up being that big home run stock we're always looking for in the OTC. The numbers will have to speak for us since this CEO refuses to do so by and large.
Don't know who you're trying to scare off with your incessant negative postings...but not working here given we've been at this level now for some time...and holding. You need to try harder IMO
I would agree. If there were not a realistic upside here for 5-10X because of newly acquired operations finally showing up in the financials..this would be trips by now
Then you know more than the CEO knows who said second half would be $1.8M in revenues. That's not insignificant increase given they have less than $100K revenue per quarter in their recent filings.
Filings don't tell you anything about future revenues..so looking backward is just one way to value a stock...not a complete picture and assumes of course there is nothing in the future to benefit the stockholders..just the dilution of debt incurred in the past...one sided of course
If we're ok for Sept 28, then the next deadline is Dec 31 2021. Most investors here have to decide if they carry their unrealized loss forward to the following year waiting for a miracle or sell to offset gains realized elsewhere and pay Uncle Sam less on those gains. Hate to have to pay more tax than I need to and then get screwed anyway if this shtt ends up being just that. Decisions, decisions..hope we can get an answer to this puzzle before year end.
Our CEO is testing everyone's patience and faith here in the company by not communicating what is going on. He said he would do that in his FAQ. Still waiting for the PR(s) or updates to the site.. we need to understand what is happening. This is still a start up business with debt and a need to quickly ramp to help pay down debt and return to shareholders...it's not like he's running an established business that has a proven financial track record...he needs to communicate.
I agree. If you are here to flip for a few dollars...there are better stocks out there that you can make more money on if that's your game. IMO this stock has too little volume to be effective for day trading or short term small profiteers. This stock is meant for people coming here and expecting potential 10X but in 6-9 months from now..not next week or month.
Only reason he would do that. No other reason makes any sense
Dilution has slowed and seemingly come to an end as the CEO said it would. Problem now is no communication about what is going on in the operaitons
The $1.8m figure was quoted by ceo as a run rate. It wasn't just made up on this board
None of the aria rev nor assets are on the books as of June 30 2021. So not possible to conclude anything looking backward pre aquisition
I'm not selling just yet. Keeping at least until the Q321 Revenue #s show up (I hope).
Hey...I'm with you. Just trying to decipher what the hell they mean by "Plans" I'm not trying to divert attention at all...just addressing what they tweeted..chill.
Maybe they can secure a fla government grant to develop the medical facilties for the campus... if the state government is investing in that development...they could fund in exchange for favorable rates contract for services for some time...a government/private enterprise partnership...yeah..thats the ticket...LOL
Only way this tweet makes sense if they are planning on providing medical services to the campus and they can secure some exclusive billing/contract agreement with the campus infermery to refer students to us for healthcare..would have to be more than just addiction ..perhaps some form of urgent care for the campus could also be very interesting. Don't know if this is what they mean by "plans" Hope so
Still 2.90BN Shares as of 9/2
This is not a serious company tweet or communication. Here they are starting up a treatment center operation with communicated plans to add and grow it...and instead of talking about that..they are talking about what's going on around them...they are not in the purchase for profit real estate business...so why even mention that..? That would only be relevant if you're planning to sell or flip a property in that area. I assume they are not.
The property value is not what will drive the value. Its the business that does that. Frankly would have preferred a tweet updating how the center is doing. This tweet to me is almost a distraction