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I'm a holder of this stock, and I'm not trying to be negative but that is simply not true.
The OS has increased so much I am skeptical it can run like it used to. I mean hell, at trip 6 the market cap is 800-900k?
Getting back to over double 5 or up would make the market cap well over 10 mill, and I think the market is too smart to value the company that high.
Again though, I still think trip 6 is steal given:
1. Several people are locked up at much higher prices (less likely to sell)
2. Debt holders could urge to pump the stock with PR so they can convert.
3. Dilution has slowed/stopped for a hot second.
It will be interesting to see what happens, but I have to disagree completely.
4. We are due for news at some point in the near future.
Many things have changed since the last run.
I'd second the notion.
People that post as if they have some insider knowledge or know people on the insider "friends at SEC" are really a dime a dozen.
But it does cloud the air for constructive conversation.
A stone cold guess lol
I am sitting on some stock, and wish you were right, but I don't see lightning striking again like that without news.
Keep in mind the OS was what 1/6th the size it is now back then!
I don't know the exact numbers, but I know its not good ha.
Yea I mean really R/S and increase OS are the only 2 options even for legitimate small companies that trade publicly.
Still, they most likely estimated they will get enough money from the increased OS to NOT have to R/S again.
I mean it would hurt them too if they R/S again because the stock would be avoided like the plague and they need the money to get the gaming products off the ground. Some of which are already live generating revenues.
I think it will be a good stock if some things go right, but we are not out of the woods yet.
News would be nice.
Im hesitant to think they will R/S.
Reason being:
1. They canned their last R/S.
2. They already sent the AS to high heaven
Who knows, we might get screwed over, but I'd be more worried about them sending the OS to = the AS!
We shall see.
I'm still buying down here.
Yea the conversions mess everything up. And are a major contributor to the dilution problem.
Be realistic.
I'm not gonna disagree but hey a guy can dream.
Still not as much ask slapping at trip 8 and up as I'd like to see. That needs a news catalyst to break us through.
Now you're at least making sense.
I already picked up another 500k today mostly at trip 7.
If it goes to trip 6 ill be waiting there with more money.
It can still easily pop to the double 2s or 3s on the right news.
I think James Bond would appreciate where I value this stock.
I'm saying it's worth .007
The most current OS I could find from my broker says 1.34 Bill OS.
I think they are worth 10 mill bucks market cap +.
Just need those revenue numbers. Oh yea and no more dilution. Further dilution could easily destroy this calculation.
Hey it's a risk I'll take.
Oh, so you're not completely out of this POS stock that you allegedly lost 11k on already after all?.....
Yea for sure 8s are getting nibbled but 7s are getting bitten hard. I could see this moving up a bit.
Ready to explode on news.
I'm buying more. Was trying trip 6s but at this point will settle for trip 7s
Lol that's pretty much what the quarterly update said!
"Sorry bout ya, but things will probably get better."
You're probably right.
You know though if there is 1 positive thing to say is the dilution tap that we thought would never be shut off is shut off for the time being at least based on the volume.
We just need to hold steady and sit tight until our next news.
We shall see.
I'm gonna try and burgle some at trip 6.
If they dont fill I might settle for trip 7.
It's gonna run though on news. Only a matter of time.
I'd like them to release more revenue news. That should pop it.
Lol yea that's bad...
Still worth 1 billion +?
Maybe then we can afford to pay for revisions.
I agree, but what I'm saying is they must not have know they we gonna balloon the AS.
If they did they could have just bought 10 mill on the open market for less than 10k...
???
I'm just saying they overpayed.
Would be nice to see over 3 cents though.
I agree.
I would actually take it a step further and say that if a few things work out in our favor it will go even higher than that. The canceled RS was big news but they loopholed that by just increasing the AS. Announcing that they have locked their OS or AS would be good. News that debt is mostly converted, earnings numbers, the list of things that can bump the stock well into the 002s or 3s is not small. They need to stop the bleeding though. What I don't entirely understand is how that Hong Kong company is gonna benefit from giving elra 300k in cash for 10mill stock at 3 cents?
Oh well might as well listen to the bashers, I'm sure they were doing it just to be nice guys and got screwed over. You would think though a 300k dollar deal if I were the company giving out the money there would be stipulations for share structure.
I don't know man. Maybe you can throw 10k, but I sure couldn't stomach it ha. Too many variables you simply can't account for, even if you like the stock overall. Biggest once being the dilution we have been seeing. When exactly are conversions going to take place? When news will come out, and what will it say. These are all part of the gamble. I think though if the stock can kinda sorta hold around these levels without crashing and burning we should be ok. We shall see. Happy thanksgiving to all.
Absolutely.
First thing is you never throw more than a k or 2 at a dream like this.
Also he threw it all into one big trade, rather than several small trades in case one has to average down.
But you can't reason with the unreasonable.
That's not illegal either dude.
They do what is allegedly in the best interest of long term shareholders.
Even though that is usually a crock.
Still though, I assure you will get nowhere with this.
You're wasting your time.
Personally, I'm gonna average down and give it another whirl.
There are plenty of possible good PRs that are bound to come out that will bounce it.
See this from the companies perspective. They originally wanted to R/S again. Nah, can't do that again, nobody will ever touch the stock again. Well what are our other options in the final push to get these products live? Increase A/S and dilute. Which actually hasn't sent the price down as much as I thought it would.
Time to be greedy while others are dumping and smashing the panic button.
So you're suggesting that a CEO can control the PPS of their stock, and you want the money back on a loss on a stock that you held most likely for a week or less?
Haha that's what I was thinking.
For what?
What if there is big news later this week and it finishes the week at 003.
Aren't you gonna feel kinda dumb?
Or better yet it goes to 0005 first then up in the 002s or 003s???
Look at the historical chart. Due for a bounce.
There you go. It's only on paper for now.
I averaged down a bit. Still less than pleased in at 0014 or so
Which is fine.
I'd buy more at that price.
I think it's a good medium term play - will need a push though and turn off the share printing press.
Well see what happens.
Nobody actually knows what will happen.
I'm a fan and holder of this stock.
Having said that, the dilution is still getting out of hand IMO.
Mid trips later this week couldnt surprise me.
"Actually if you look at the chart and correlate the runs you will see they are pretty consistent so it will be within the next week or two. Its load the boat time."
Dude... 4 days have gone by since you made this statement.
Please think about that.
And I agree with this statement. Destined for a pop IMO. It tried to do it Friday but dilution was problematic.
So when's the last day this 10Q can be submitted by?
Yea, and some people are buying 600k of almost all buys.
The volume increase made me feel better and be thinking institutional.
Hell, maybe the company looking to buy VPLM is trying to acquire part of the company on the open market, taking advantage of dragging their feet and the chill to buy chunks of the company at far under buyout caliber prices?
Just something to think about. Pure speculation really.
I think I can see what's happening.
Taking advantage of the chill to push the price down to load up and make even more after the 10-Q.
New cash flow is turning this company around.
Cancel the R/S. Time to go up the natural way.
My goodness what a scammy, mcscammeron scam.
Sure glad I didn't load in the 40's!
So much noise on here as the PPS drop to the buy zone.
Now its heading full steam to break a dollar and nobody cares.
Also, hell go to T Rowe Price for a 401k consult and tell them
you are looking for a 3-5 bagger, so they can promptly laugh you out of the room.
3-5 baggers with low downside potenital are awesome.
And who's to say it's a 3-5 bagger other than that highly disgruntled, uneducated, and possible foreign or down syndrome dude?
I think we will see penny + from here.
But because it hasn't happened within 10 days of trading people are ready to change the channel?
Good grief.
Agreed.
But I mean shoot down here you can't sell it for anything but it looks like a good pickup.
Where should I set this bid to?.....
Hmmm.
Well I'm gonna stand sidelines for a couple weeks and see if it finds a bottom with some buy support.
If we get news cool, I already own some.
Nah, man you pretty much covered it well.
I've got one foot out the door on this stock.
The world is about to get mean fast.
Oh for sure for sure.
We go another month or 2 without meaningful news, I could see
a nickel or so.
Stay tuned.
Without news it's only gonna get uglier IMO.
I'm worried if we trade down to a pivotal point say 10 cents or so that a landslide type scenario could start.
I personally know a couple investors that hold much much more of this stock than myself that bought well under a penny and sure as shit are gonna watch it fall back down there without jumping ship if it starts to sink.
After all, there is nothing sentimental in penny-land, and the company is failing to deliver, or even elaborate on state of affairs (again I among other people suspect it is because lack of meaningful news.)
Still holding for now, but with an itchy trigger finger on the sell button.
30 cents would have been cool, and in retrospect I learned my lesson about getting greedy about long term gains.
Again, in pennyland you can't ever even try to foreshadow that far in advance.