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The link you provided is for another stock.
Massive ask slapping going on right now. Just saw someone slap the ask for 152,576 shares at .7647.
Wow, today sucked. But hopefully this will continue ratcheting up next week.
A thought occurred to me several times about this stock. I wonder if once they get their audit done, and everything is super clean, it might be a good opportunity for some larger private company to do a reverse merger. Get a clean stock with a good share structure, and go public without the usual long hard process. Some of those reverse merger stocks rocket upward. It's like an IPO, but a faster process. It's possible Sean has been shopping this around for such a deal.
But I really hope they're going to launch that app. That app seems like such a great idea. But maybe they switched gears and changed it up, or are realizing the artificial intelligence part of it needed more work.
There were so many events where people could have used that app. The fires in California, sporting events, crime reports, weather issues, etc. Right now, what are your options for quick first hand pictures or videos of big events? They're not quick. And you may or may not even find them. Google is useless for current events because it only uses commercial news outlets, which might be hours or days old, and you have to sift through ads looking for the actual news event. And YouTube has to approve videos before anyone can see them, and their search engine usually sidetracks you to some videos that don't really match what you're looking for. I don't use Instagram or Facebook, so I'm not really sure how useful those are. But it would be so nice to have some unfiltered instant videos of events without selling your soul and losing your privacy to Zuckerberg or Google.
Have a nice weekend.
Didn't Martin Wade buy some at .02 a while back?
So thin on the ask! That would be nice to close above .02 today.
Wow! 1 million on the bid.
Getting close to $.02. This will move so fast once some news escapes the vault.
Still waiting patiently with over 1.4M shares. Yeah, this week is an unlikely week for news, but next week might be a good time for it.
Looks like it's starting to recover. Looking forward to some correctly audited financials. When they come, if they're not too far removed from the old ones, this should jump up suddenly.
Nice week for VMSI. Ready for takeoff. Can't wait for some news to finally come out.
Bought a few at $8.48
Doh! I guess not. The dip continues.
Looks like some buyers showed up when it hit $9.40.
Nothing that I can see, but it's sure being shoved down. I just bought some at $9.48. Couldn't pass it up. Hopefully there isn't an actual reason for it to be dropping like it's been the last few days.
So ready to blast off. Just needs a little spark.
There's always got to be one killjoy in the crowd who dumps haphazardly into the bid.
Looking like it's about take off. Maybe the long hibernation is about over with. Glad I held patiently.
Still holding a good chunk of PAYS. Hoping for a good Q report tomorrow. Have some cash set aside in case of an overdone dip.
Let's go Sean, show us the beef.
I think this deal with Legos, a French telecom company is a good thing.
https://www.legos.io
Of course the shorters had to paint it down below .3 in the last minute of trading.
I'm going to just try not to look at this for a while. Too depressing. Hopefully they make some leadership changes, get their accounting up to snuff, and get back on track again. The next Q report will hopefully get a lot of things cleared up, and show some continued revenue growth, with audited numbers that we can trust.
If they continue to grow and replace a bunch of their shady executives, then it could do pretty well. It sucks that the guy they let go got a severence package, when he should have gotten nothing but a door slamming against his ass, if he's the reason for this mess. The CEO needs to get voted out and replaced with a respectable replacement.
So I did some quick calculations. They say they overstated their revenue for the first half of 2019 by $24M. What they had stated was a revenue of $57,188,000. Subtract $24M from that and that means they got more like $33,188,000 of revenue for the first half of 2019. It seems like their revenue was still growing sequentially quarter after quarter. I wonder if there's just a time lag which accounts for the accounting f' up. Maybe they were counting expected revenue, but due the nature of the way they bill and collect, maybe they were including revenue that was several months ahead of what was actually in their hands or something. Someone screwed up royally. But my hope is that the company is actually growing at a pretty good rate despite having an inept financial leadership.
This news seriously sucks ass. Looks like there will be a long painful wait to find out where this is heading.
Yeah, I'm sure not bragging about the money I lost as it fell before I sold. The original plan was to hold and wait it out. But when I saw it was about to get under $1, I knew it would plummet as panic sunk in. So I sold almost everything. Now I'm almost all in again. Still holding, and still planning on it getting way back up again. This selling and then buying back in again at lower price will just take some of the sting out of it, and some of the wait out of it. I'm confident, I'll make back what I previously lost eventually. I think it should probably start a huge bounce sometime before the next quarterly report. I'm holding patiently now. Super cheap at this price. By the large volume, it seems a lot of people share the same sentiment.
I sold almost all of it at 1.001, and then I've been buying back in.
I have 16,000 shares now at an average cost of .8327. Feeling pretty good now. Even a mediocre quarterly report and one or two explanatory press releases should push this way up again. But I'm hoping for a really good quarterly report that keeps the rise in revenues growing sequentially.
I was buying on the ask all morning down as low as .7001. I blinked and missed those .69s. Super cheap. Time for a healthy bounce.
Someone just dumped about 160k shares in one minute at 13:10PM. It only dropped the price by .0001.
Just picked up some more at .7911.
The shorts are running out of steam. I bought 7900 shares so far today. Seems like a lot of other people are buying too, because the volume is 3.45 million as of only noon. You can see the robots trying to shove it down, but there are people buying up everything they try to shove it down with.
Sold a bunch at 1.01 because I knew panic would set in once it broke below 1.00. But I started tiptoeing back in at the low .8s. See how it goes tomorrow before i add more. Somewhere down here is a bottom. Panic makes people do dumb things. But sooner or later cool heads will prevail. A horrible Q is already baked into the price. So even a so-so Q should give this a good bounce. And a great Q could give us a huge bounce.
Yep, just checked and they're back up on the Walmart site, and in stock. That's great news. Yeah, I agree that Matt needs to quit over hyping the potential sales. But if each kiosk generates even only a few $k per store per month, that's decent money to keep the company growing. And if the small brick and mortar stores can turn a profit of maybe just $10k per month from each store, that's also great as a way to get started.
Strong support at 1.00. If it doesn't hold, it's going to plummet. I sold a bunch this morning as a defensive move in case it crashes below 1.00. The next Q will probably bounce this way up again, but who knows what's going to happen between now and then.
Tomorrow would sure be a good day to come out with an update PR.
I'm thinking if they're out of stock on Walmart, that it might be because they're selling the stock they do have through their brick and mortar stores first, while they ramp up production to be able to keep the Walmart sales going. Seems like it might be more important at this stage to make sure the stores are stocked so that they get happy customers there. It would be pretty bad if you went to their store, got fitted for a hearing aid, then they told you, sorry we don't have any in stock. You'd leave a bad review, and they'd have a tough time getting anyone to come back there again.
I only have about $900 in this, so it's more of a speculative buy for me. But I think if this company gets their act together, it could flourish. If those stores start getting customers, and those customers are happy and leave glowing reviews on Yelp or something, then they're off to the races. It's probably hard for them to sell hearing aids on Walmart online right now anyway, because people probably aren't likely to plunk down a good chunk of money for something that they can't test in person, from a company that they may not have heard of yet, and that doesn't have any reviews.
Those kiosks are a good idea. Even if someone doesn't use the kiosk or look at them much, it's still a good way to get the name of the company and their products out there to the public. It gives them more credibility. People like to buy from companies they've heard of. So if they walk by it ten times they'll start to become familiar with the name and with the company. And maybe some of the customers didn't even realize there was such a thing as a self-fitting high quality hearing aid. Good advertisement for their business.
I kind of get the idea that Innerscope tries a bunch of different strategies all at once, and they just need to figure out which ones work, and which ones don't. To me the kiosks and the brick and mortar stores make the most sense at this point, compared to some of the other things they've tried. And if those work out, things look pretty good for them. Also I think there's been too much downward momentum lately, and there will be a point when it suddenly bounces big time as long as nothing too terrible happens.
These are some real ask slaps now! Looking good.
That lousy OTCX robot is masking a 600K bid with a little 10K bid .0001 higher.
Yeah Baby.