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Excellent post.
Yes...the problem is he said that in his conference call too...a while ago. It always seems just around the corner, but never quite there.
It was a fluff PR instead of the financials that were promised by Mid-May. I trust SG, but a lot of people are skeptical and when he makes claims that are unprovable which is all this PR was, well, it does not inspire a lot of volume. I am going to wait for the dip to 23 and then buy some more.
Financials not ready?? At least he fired his old lawyer that took so long to get the name change.
I hope you are right...that would be great!
They probably meant it is green from when they bought it....just guessing though.
You have a very strict definition of it then. I think when he says Mid-May, he doesnt know the exact date, but sometime in the middle section of May. Otherwise, he would have said May 15th, or May 16th (first business day after May 15th).
Sweetfunny...you always have been good for a laugh...thank you for lightening the mood while we wait for the PR.
Have a nice day!
I have not tried yet because he is not late yet. I will definitely be doing so if we go past "Mid-May" with no news though.
IMO this may drop as low as .0022 over the next couple days without news, but that is not a big deal. It will QUICKLY shoot up when the PR hits IMO assuming the PR contains the info that has been promised by Scott within the next few days. I think it will come by the end of this week, so I am not tempted to sell in the mid-20's to maybe buy back in the low-20's for a possible small profit.
GLTA
Good Morning EYSM
Down to 24 now...I have a good sized buy order in if it drops again. Power Hour will probably be pretty sweet though with anticipation of the PR in the next day or two.
Agreed. It would be nice if it happens, but if I had to bet on it I would bet it is not today.
Dalii...I think he said Mid-May...I do not think he said specifically May 15th. I would love to see them come out today, but the May 15th deadline is something that IHUB posters have come up with, not the CEO. Of course, if there is a link to something where he specifically mentioned May 15th then he should definitely stick with it. I just have not seen one yet.
Excellent post, Snakefart.
Don't pin him down to something he didnt commit to. He said Mid-May. If it is not Monday he still has not "lied" about it. If you are making statements that he didn't commit to then you are right, YOUR credibility is at stake.
I think we see it this week though. Mid May should be before the 20th in my opinion.
Mid May does not necessarily equal May 15th. If he wanted to specifically tie himself down to a date he would have said that. All this hype putting words in his mouth about May 15th is dangerous for the pps. Why do people do that? If the end of the week arrives without the financials, then we have reason for a selloff. Monday is only 16th. It could come anytime between now and the 18th or 19th and he will still have kept his word.
I was tempted to put in a market order sell with a few shares just to see if it was trading, but decided not to.
Why in the world would someone sell today at this price when we know it is higher next week (or even later today)?
Well, it looks like Zecco has them converted and tradeable as well. I have a sell order in at $1.00 and it was accepted. Just waiting to see if it gets filled. So far no volume.
Not looking for news today, guys. If it comes then great, but he said he is going to FINISH financials in Mid-May. I am expecting next week he will make them public. Then again, he could have done them early...just not likely since he is away at the trade show and has not really been known for being early on stuff like this.
Friday could be the last day to load...news next week!
Yes...I like it too. It is better than if she had said she cannot discuss the split possibilities. She actually stated it would not happen.
Just my opinion, but I think we will churn in the mid 20's until next week. If financials are done on Friday the 15th we may not get the PR about it until Monday or Tuesday. When we do, we will see this thing shoot into the .005's IMO.
Of course, I could be wrong, and the financials COULD come out on Friday, in which case those who wait to load up will be chasing.
At any rate, I am certainly glad I have held my shares for the long ride. I am averaged in at .0022 and kept the faith when it had dropped lower than that. I know many have been holding a lot longer than me at varying entry points. I think it is all about to start paying off soon.
While that is certainly not official, that is reassuring. Thanks for sharing the chat!
But then the market opens and the bid drops to 46
Pre-market volume - ask bumped to .0075
The bid stayed in the low 50's.
Could you PM me about your optimism? :)
I am hopeful, but is there any real reason to think that it is coming out?
.0052 / .007 - what a joke of a spread.
What a rough day for RLTR...and what a joke to paint it with a .007 close.
How can any of us feel good about what happened today? Is there ANY reason to believe that news is coming this week? News that would boost the pps back up?
Looking forward to it.
I was surprised this went up on that news to be honest. I am long EYSM, but I didnt think this was runnable news. We have always known that a buyout was a goal, and the Yext involvement is not news either. My first thought was - great, another Fluff PR. Then I saw the volume. However, May 16th when the market opens with potential actual news and financials...then I expect this to run.
Good luck to all!
Very interesting, Kid Biscuit...I like the way you think. Instead of selling off the last day that we could I was thinking something along those lines as well. There is a reason that someone was buying these shares without any news during that run...I am not real confident that this will pan out the way you and I hope it will, but at least it gives some hope to those of us who did not sell. What you said does make sense. Thanks!
No volume yet anywhere...is this thing able to be traded at this time?
Thanks J_T...I guess they also adjust the price starting at market open tomorrow as well?
That is my question too...it says 5/4. Does that mean tomorrow when the market opens My shares will have been recalculated at the 5000/1 rate?
This is my first situation like this. What are the chances of the net value of my shares being higher than the current value of them after this happens?
What is the realistic timeframe that we expect some kind of announcement to be made here regarding any potential news?