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Thanx Bux, I relaxed, bought 35K more shares today and am VERY comfortable with my investment. A few good PRs and we are well on our way!!!! Happy Labor Day weekend! and thanks for all your posts!!
on BDIC--done!! Let's see what happens...
Sobek, I don't have PM capabilities--thanks for clarifying on BDIC although I have to admit it seems a little odd...they seemed to be having difficulties earlier in the year (1st Qtr) and yet, its COMPLETELY turned around and is now doing gangbusters--something seems a little off. Hope I'm wrong and that they have turned it all around!!
I'm confused--looks like a good report but some of the numbers seem a little wonky--
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I would also like to comment briefly on our general and administrative expenses as these financial statements are based on GAAP accounting principles. This increase would have been smaller except for we paid a settlement of $50,000 to an ex-employee as well as a preferred stock purchase agreement with myself for preferred, restricted, non-tradable stock in exchange for approximately $45,000 of debt owed to me by BDIC. This transaction was applied as an expense under general and administrative expenses at $350,000 but in reality didn't cost BDIC a single penny.. In quarters that we do not have similar one-time transactions we expect our general and administrative expenses to drop around 65% to around $125,000 to $150,000 per quarter for the foreseeable future.
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Can someone help me understand how adding the $50K settlement and the $45K debt comes up to a $350K general and administrative expense? And they are dropping the G&A to $125k to $150K per quarter without those expenses but my math only gets it to $350-$95K=$255K
Can someone help me understand this? Thanks!!
Absolutely INSANE!!! :)
Back to being joyful--NVdia has regained its losses and OMVS is on the move again!! Take a look!! The RAD CEO tweeted they are getting ready to issue a Super 8K...
Let's hope it makes a move!!
Sobek, did news you were expecting come out on Friday--is that why this zoomed up?
Tell me about it--I'm dying on the VINE!!!!!!! But, holding strong, however, it is making my stomach hurt!!!!!! ;(
OMG, what a day--NVDIA, OMVS, CHRON--NFLX--they are killiNG me. Good thing I have a STEEL WILL!!!!!!!!!!!!!! argh!
That's insane--probably people selling the news and it when it rebounds to reflect this awesome news they are going to get caught with their pants down!!!!!!
Ha, totally, and NOW BOT is M-I-A again!! What's shaking with TKCI? It seemed to have promise and now is radio silent? You still in or did you bail?
Awesome! Thanks a ton for setting this up, this will be a much better place to chat freely!
All good! I wanted to make sure that my two good BDIC buddies have any of my $$ makers on their radars so you can check it out, see if its for you and make money too while we wait on BDIC to turn the corner! Yes I am up nicely--got in at .14 just bought more at .20 I like the technology--especially like that they are using NVidia AI.
I'm keeping my fingers crossed that OMVS shares good news about the merger this week (supposed to be by the 8th.) They've been saying that the leases on their robots are increasing, and the sentiment on the board over there is incredibly positive. The price has been inching up too.
Hope you and Bot are doing well!!! ~Fyre
Sobek and Bot--if you guys haven't looked at OMVS, might be time to do so--Friday was a beaut and next week could be even better- Hope you're enjoying your summer!!
Good luck tomorrow--I think Amazon is going to blow it out of the water and FB will do well too!!!
You are right BOT, I AM doing ok--but as you and I have chatted about before, ONLY because I am lucky, not because I know what I am doing!!! Nevertheless, I still believe I can lose my money just as easily as a broker can, so why not manage it myself? I still feel insecure about the market in general, there's so much to learn and know, and even then its anyone's guess!!!
OMVS reported some good news today, but you bring up good points. I got in when it was at .11. Now I am stressing on whether to stay in or get out, my position isn't huge, but it would make for a nice bump if it were to continue. I feel like it is looking good, but I don't have the insight into that bacdk stuff that you do, often I just go with my gut...(STUPID, I know!!)
I'm in DCTH too--the messages on that board are so mixed I'm not sure who to believe, but I think I'm going to ride it out. TCKI sounds like a GREAT story but it IS concerning the chief hasn't made any comments, maybe they are waiting for ink to dry somewhere so that all goes smoothly? GUess I'll get ready to ditch just in case.
Sitting tight here at BDIC, waiting and hoping they'll say something super positive sooner than later!!
Yeah, BDIC was one of my first and I keep wondering if this will ever get back to the 50's and beyond. I'm in Chron very heavily waiting to see what happens this Fall. I did take a position in the Seminole Pot stock--I like the story there and OMVS is like the call of the Siren to me, I have been adding but am going to TRY to force myself to get out (at least a portion or initial investment when it hits a certain point) instead of blindly staying in. However,k I love that they are using the NVidia AI in it so it's got its little claws in me to say the least.
SEEEEEEEEE---THAT is 100% what I need to learn is not to get excited or too attached (but ALWAYS easier said than done)--the stock market is fickle and she's going to burn you either way at some point or another!!!!! I find myself getting in a little bit, then watching it go up and wanting more and more (because I am apparently a greedy little biotch!) HAHA--and then I believe that whatever the company is hawking sounds like a freaking TERRIFIC idea and I'm pulling for them because they "should" be successful!!!
But these pennies, you're right--there's often a lot of exaggeration, a lot of 1/2 truths, alot of shady behind the scenes crapola going on...I need to get 1000% better about recognizing them for what they are and truly only looking at them as plays instead of as investments. I VOW to do better!!!!
Right now I want to sell ALL my positions and buy 400 shares of Amazon before they report earnings because I think they're going to shoot up $100 a share, but if I did that, the capital gains I would owe on my Nvidia and Ntflx shares at the end of this year would probably put me in the poor house. Instead I will watch from the sidelines and just feel annoyed that I bought Amazon when it was at $30 and decided that there was no way a company operating out of someone's garage would ever amount to anything and got out (hello Apple you did the same thing!!) but alas, that all goes into the coulda, should, woulda bin!! Right!?
That's good advice, I need to heed it!!!!!! thx!!
Weird action here for sure! I have to get better about taking profits, instead of being a long term holder or figure out how to be ok with parting with some of my position so that if it dips, I can buy more. I don't do so well with that! :(
So we lost you for a bit and you're back now--now BOTTOOSOON is MIA!!!? You slackers and your vacations!!
Makes me realize I have allowed summer to zoom by without having planned a fun getaway!! Unfortunately, my workload has me swamped through at least the end of September so no respite in sight!
Ah well....maybe after that!!!
LOL, MUCH BETTER!! That was a really nice uptick in BDIC today, so I hope you are spot on! Now the Seminoles need to get their act together on the other! It's time for ALL my penny plays to go up, up and away!!!!!!!!!! :)
Sobek for future ref--I'm a HO not a BRO--hahahahaha. Actually I'd rather NEVER be referred to that way but it did rhyme, soooooo I'm ok with a one time use so you get my drift! :) In it to win it nevertheless!!!
I only just got in a few days ago, at around .08 but its doing well!
Look at what's happening with OMVS--robotics is the place to be!
I hope BDIC will start moving again! Got some of the other and OMVS--check it out!
Thx--keeping them on my watchlist for now!!
Hey Phaeton--still here? What timeframe do you think things will start picking up--this has been like watching paint dry!!!
Ok, I'm in for 10K
Traded in one hell of a range today, too--like it!!
LOL!! Cracking me up--good to have Sobek back in the fold--checking on his newest and thinking of dipping a toe...
I've got my fingers and toes crossed. We are WAY overdue for news and it needs to be outstanding!! :)
Thanks--yes, was just reading up. Interesting indeed, I think I will take at least a small position so I can keep an eye on it and add where I can...thx!!!
Welcome back--you've been missed!! ;) will take a look!
FOR SURE!!!!!!!!!! Am loving that!!
HA! Right!!? He must have gotten bored with BDIC (although it looks like he hasn't posted on that other board since end of May--maybe Sobeck has decided to have a prolonged summer vacation and step away from the pennies!!
It will be interesting to see what happens with ole Yellen later this week, I don't have any more $ lying around to invest at the moment so all my gold will just have to be what I'm wearing :)
The market needs to be a little nicer to me---it was going soooooooooooooo well there for a while and then SUDDENLY it took a bit of a turn. I'm still up but not to the extent that I was--and you know I have to keep myself from dumping (because that has been the BAIN of my existence with so many of my previous positions that I should have stuck with)
Hope its all going well for you! I know you said you jumped pout of Chron--
when you were up--when it looks like they are finally uplisting or start actually bringing some revenue in, I'll be sure to remind you to maybe take another look!!
Cheers!
Good for you--looks like you made the right call! I'm still in (doing the long term with Chro, and still in DCTH which is FINALLY creeping back up today, but it was killing me.) Glad to see BDIC ticking back up (ABOUT TIME!) wish it would stay on the upward track!
Wonder where Sobeck has gone off to, maybe he gave up here?
I hope you're right. This stock has taken a beating and quite honestly, it should be trading much higher given the technology. Reston, Va Hospital (near where I live) just got one of these, was reading about it in one of the local papers. [Good to know, may need it in the future to deal with my back pain!!]
Yeah--I need to get better about reading the signs so I know when to exit. As for DCTH they have an FDA announcement coming up so there may still be opportunity--and their system is already approved in Europe. I'm staying in (hoping it works out!!) ;)