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Perhaps that’s the case.....good day for OTC, not here though. Not at all.
And to those saying patience, they need to realize some of us have been here for years.....back to 2017. I at least took some profits on the run up in January but held a good chunk. For those of us who did that—kept a big chunk despite being up so much—only to see this languish back from around .04 to .014.....and now, worse yet, fail to do even 50k dollar volume in a day, it’s frustrating for sure.
Not to mention the MANY unanswered questions.
We’ll see, but lots to take issue with right now. And simply saying we need to be “patient,” rings hollow to me. You can support the company and still have legitimate questions and frustrations.
Just curious, anyone have thoughts on WHY there is so little buying here? Why the daily dollar volume is so low?
For example, today was a good day for OTC, PH*L, AL*P, HM*L, DS*R, etc., all up. What gives here? I think this is the best of all save maybe AL*P.....
It’s literally like no one knows this exists.....and that’s odd given the developments and prior trading action. Maybe Zach needs to change his tune on stock promotion. Sure some is distasteful but why not enlist a celebrity to raise awareness here? He claims to have lots of connections in the industry.....
We can barely hold 014.
True enough.....
Worse yet, we still don’t know if that deal is the only funding. What happened to the promised larger funding? Why no S-1 for Triton?
The uplist I’ll grant, is out of VNUE’s control. But lots is not and investors are clearly losing interest without answers.
Literally every other big runner from Fall/Winter has at least 3xs the dollar volume here. I’ve never seen something be so dead for so long after such a nice run.....each week is worse and worse here, and has been since 3/1.
Even breaking .016 has become a challenge.....
Yep.....interest/volume are pitiful right now. I think a .01 retest is very possible if this persists.
Sure. Honestly, no other pennies.....just reallocating more into "big boards." Currently, about 50% of my portfolio is in the OTC, and about 20% of that is in $VNUE. I currently hold 14M shares. I would not be liquidating everything, just taking some off the table. I am not sure yet, just a consideration. I will certainly keep a good chunk here because I still believe Zach will get it done.
GLTY.
What's also interesting to me is the fact that I haven't seen a single "influencer"/big penny player comment on $VNUE recently (since February) on Twitter. Not one. Lots of quality traders though, and people who know a lot about the penny market. That is one reason (secondary to my own DD) that I do remain confident to some extent.
Not that I want pumpers here, but, you'd think some bigger fish would have taken note of $VNUE and at least mentioned it. Something has to be keeping them from doing so, and I'd imagine that it is the low volume coupled with the outstanding questions I raised earlier. It just seems like the whole picture isn't visible here.
The story surrounding the company and the caliber of management is plainly evident, and very positive. Just seems like the details are too mushy for a lot of folks, and that is frustrating. Maybe the larger story was enough in January/February when OTC was on fire, but it clearly isn't enough anymore.
Tbh, I wonder how much uplisting will even move this. I like to think so, at least, it will bring more visibility and a *potential* new pool of investors.
BUT, the more I see how this continues to languish, the more I'm convinced that only two things will truly move this:
1) Confirmation of a much larger and rapid source of funding (I say this, because the commercialization and deployment of Soundstr seems, by Zach's own statements, entirely dependent on the receipt of monies).....
and 2) the physical and commercial deployment of Soundstr to brick and mortar businesses.
Really, beyond those two things (or a swan event), I don't see this making much progress. There is essentially ZERO interest outside of the same handful of us. And, even those folks aren't buying big or smacking the ask. Most of us who've loaded heavily are not adding anything of substance. And, I don't blame them because it is hard to justify putting more significant risk on here with so many unanswered questions. The fact that we can't even break .016 anymore is frankly, disappointing. We are consistently stairstepping down on very low to no substantial buying volume.
If we don't get some bigger news or movement in the next 2-3 weeks, I, like others have said, will reassess my position here. I will not sell entirely because I am still a big believer, but, I may scale out some just to take advantage of other opportunities. We'll see. It isn't that I expect Zach to have it all done in the next 2-3 weeks, but, I do think we need a substantial update akin to what we had last December. Zach should strongly consider a new video update specifically addressing the two points above. He needs to be as candid as legally possible, even if the news isn't great. For instance, if Soundstr development has encountered technological issues, I would be OK if I was apprised of that and could make an informed decision about my time horizon in light of that. I still feel like we are being kept in the dark on some really important items that at least in December, seemed MUCH closer to fruition than they do now.
Hope all have a good weekend. $VNUE.
Yes, that would be the word . I think it would be more exciting watching a snail crawling.
But, the story hasn't changed here. I do have a few more questions than I did a month or two ago. But, I trust Zach will answer those soon.
Another snoozefest of a week.....lol. Really hoping for a change soon here. Bollies are very tight, expect a break in the dam soon. Hope it is the right way.
Yeah, I would agree.....I think many feel that way as to the timetable. I don't think Zach even did so intentionally, but he inadvertently (twice now, in the Christmas Eve Update & the 4/12 PR) made it seem like things are much further along than they at least appear to be from what's been PR'ed.
My concern is that many large holders will grow tired here soon, and we could see a much more serious drop in price.
This is definitely a true test of patience. I will be transparent and say I am disappointed at how long the "correction"/lack of volume has persisted here. We did have several good news items in May and they did virtually nothing.
I guess we have to wait for more clarity on the larger funding (IF IT IS EVEN IN PLAY ANYMORE), the uplist, and most importantly, Soundstr deployment. It is looking more and more like this will not go anywhere appreciable until the Fall.
Patience is all we can have I guess.....couldn't sell if I wanted to with the total lack of liquidity.
Thanks to both of you for your service. We owe all veterans a gratitude that cannot be measured in money alone.....
But hope $VNUE treats both of you well soon!
A happy Memorial Day Weekend to all, and especially, condolences to any who have lost loved ones to war. Thanks also to any living veterans invested here. May we all take an opportunity to show gratitude to the veterans in our lives.
Hoping for a better month of June for $VNUE.....a quick look at the monthly chart shows that December, January, and February for all very green for $VNUE.....now, three corrective months, March, April, May.....maybe a new 3 month cycle begins on Tuesday? GLTA. $VNUE.
Yeah, I can also confirm that is from the old status. Longtime investor here since 2018-19. Hope we get the uplist soon.....maybe first week of June.
Lots of nuggets in there it few answers. 30 days was May 12. But, maybe a delay came up.
This single point is emblematic of the problems with some of the communications here. What did happen to the HIGH 7-figure funding? Lord knows Triton isn’t that. And if it is all we have to work with, we need to know that.
Could well be. In any event, another unanswered question I guess.....hoping for an upturn soon but can’t see much happening without QB/funding/deployment. That trifecta is what all are clearly waiting for.
AlwaysRed posted a great post earlier.....explains the total dearth of buying volume well. Bigger players (I can think of several on Twitter) are not going to touch this because it is in a middle spot—easy profits made not enough catalysts already here to justify the next big leg up. I say this because the selling volume really isn’t much. Just no buying of any significance whatsoever.
I think the valuation is the PPS * the current shares outstanding if I'm not mistaken. At least that's how I think it is calculated in the agreement. I have to review exactly the terms.....
One other thing to keep in mind.....I believe the Triton investment is tied to a minimum market cap of 16M. I think that works out to .0135 or so for PPS assuming fixed OS at current level. Vnue risks losing that investment if we don’t pick up soon.
From the 8-K:
Triton shall have no obligation to purchase any securities of the Company at Closing unless each of the following conditions are satisfied (i) the common stock shall have been listed or quoted for trading on the Principal Market (as defined by the Purchase Agreement), and shall not have been suspended from trading during the Commitment Period and the Company shall not have been notified of any pending or threatened proceeding or other action to suspend the trading of the Company’s common stock; (ii) the Company has complied with its obligations and is otherwise not in breach of, or in default under, the Purchase Agreement or any other agreement executed between the parties, which has not been cured prior to delivery of Purchase Notice; (iii) no injunction shall have been issued and remain in force, or action commenced by a governmental authority which has not been stayed or abandoned, prohibiting the purchase or the issuance of the Securities; (iv) the issuance of the Securities will not violate any requirements of the Principal Market; (v) the valuation of the Company exceeds $16,000,000 at all times between the execution of the Purchase Agreement and the Closing; and (vi) the S-1 shall remain effective at all times.
$VNUE coming close to some interesting technical levels.....as I said, with sluggish volume & lots of unanswered questions, this was easily predictable. .014 is around the bottom bollie and the 200 day MA is not far off. Some bids showing up .0136-.014. If that range does not hold, .01 test is very possible IMO.
Nobody should be surprised by this price action IMO.
I've said it before, I like Zach and I think he's done an overall great job here. But, statements made, first, in the December/EOY update and then second, in the April 12 PR, have come across now as overpromising and undelivering.
I don't think it was necessarily intentional (probably wasn't), but, as others have said, things change/don't work out/fall through. Nothing that can be done about that.
But, to the extent there are holdups or unforeseen issues that Zach does know of, unless there are NDAs or other legal considerations in play, we have a right to be apprised of those IMO.
Hoping that this is all surmisement and that when we get uplist (another delay outside Zach's control), we get immediate good news on funding and potential deployment.
Agree entirely. I too am one of those large holders.....
This action today is the beginning of that descent in the absence of news on what you lay out.....
Bottom has to be coming now.....005-006 area I will load additional shares. Holding 3,400,000 at an avg of 0074. Down but still think this will pay with time.
Dilution is killing this stock.....needs more volume to balance it. Still moves pretty easily. Let's hope for another group to come in and push this.
All jokes aside, it is frustrating, but, I really think a lot of the reason we have such little volume and interest is because 99% of pennies with very high volume are driven by a promotion or large group (e.g., Discord) loading and aggressively pushing the stock on social media.
Zach has repeatedly clarified that he does NOT want that kind of growth here but instead, that he wants organic growth.....
I would analogize this to ALPP, for example, which really had very little interest before its big run.
When the time comes, I do believe we'll get big players in here and the interest will drastically shoot up, but hopefully, it will be when the big news comes out on a QB company and those "players" will not only come but load large, long-term positions seeing the value here.
That said, I will say that the volume the last week has taken a notable downturn even from our usually low levels. If we don't get some increase in the next couple days, it is possible we could retest the 013-014 area and the 200MA.....if we do, I'll be adding. GLTY. $VNUE
$BRGO $DSCR also bottom bounce plays on watch for shorter term.....
$BRGO $DSCR also bottom bounce plays on watch for shorter term.....
$BRGO $DSCR also bottom bounce plays on watch for shorter term.....
$VNUE deep sleeper OTC play.....moves on air and tons of catalysts coming including QB Uplist.
Read this post for complete DD on what it has to offer:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158196627
$VNUE deep sleeper OTC play.....moves on air and tons of catalysts coming including QB Uplist.
Read this post for complete DD on what it has to offer:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158196627
$VNUE deep sleeper OTC play.....moves on air and tons of catalysts coming including QB Uplist.
Read this post for complete DD on what it has to offer:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158196627
Indeed :-P
005 on the way?
Just INCREDIBLY quiet right now.....not necessarily a good or bad thing but interesting just how dead this is.
Maybe a big break in the dam soon?
Hope so !
Near RECORD low dollar volume today.....good thing is virtually ZERO selling.
This is totally locked up at this point. Even 10 Million volume straight at the ask could bring this well into the .02s IMO.
It will happen eventually.....waiting on the next big catalyst.
$VNUE
Lol. It has been a snooze fest around here. I only hope that when the big news hits, it hits so fast everyone is woken out of that slumber and a buying frenzy sets in. Would be nice to have a decent green day tomorrow. $VNUE.