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Hkup have 10b and is .0038
Or this guy's know something that is very lucrative for them or the company is lying that the shares aren't for resale.
What measures they are taking they don't said. But I know for what I read that this type of transaction have always some ways to get out. But it have to pass some years and they couldn't sale the shares like crazy.
You forgetting the revenues from the 68m wagering from May to June. From one of the jv the VIP casinos they never report that revenue that is why a have a red flag they didn't report it in q2 where they suppose to report they only report. 45k of a casino administration.
Yeah I know I'm looking for revenues for this quarter October isn't q3.
I can't live with that people going to sell if it no meat in the quarter report.
Anyone. In the loi jv the said that they take Up to 48% of Net revenues.
When they report 68m wagering in 45 days they said that the main game is baccarat and the net revenue of that game is 1.75 of money's wagered.
So assuming that they only play baccarat and assuming only a median of 1.25 of all games let see how much revenues elrays gets
408k 68m x 1.25% x 48% I assuming is Less than that.
Other thing. I am worry if this was on May 2 and they announced the 45days 68m wagered on the month 7 why in he'll they don't have this money in the quarterly reports. This give me a bad taste.
How much vfin have on the ask
John you aren't long you are a flippers you was bashing last week and supposedly 're enter at. 0015 and then change your discourse later than that sell supposedly your gains in another stock to add more on Friday. But really last week the sky was falling discourse to enter in a better pps was on.
I was thinking run like this people in here doesn't happen a stock from .0014 to .08 is impossible without a r/s.
When people talk like that it's make you think is a pump a dump.
But when I research stocks like $myec went from .0014 to .08 and only report. 1.2m net revenues in first quarter.
I saw the share structure and it got 3b o/s with a market cap in the 90s millions pps of .03 now.
So what is the point. Now I believe this could run. When this fling to happen well as soon the company start to have revenues and shape up the balance sheet this will run big.
I see this one making at least 1m every 3 month.
This quarter don't going to see much. But we will see a better financial report because revenues are coming in.
Don't know if I have the patient but the one that can see his money go to almost nothing maybe can be fully reward when this turn around.
They filled filled bankruptcy the two brothers and the wife's search it you will find it I'm out
I can see a lot of accumulation.
They pull down this stock and they found support at .0012 30k something like that but yesterday we saw also like 30k slap of the ask
And a lot of accumulation in .0015.
I have to read the filings and dig dipper the reports so far I only saw the balance sheets since 2013
For why I see the convertion of the notes not for resale I see it like a good sign most of them convert at. .0020. To .0030
I also saw a deal with other company for a .03 pps
So far they have diluted a lot
I don't see a good earnings report coming but I see a 2015 full of possibilities.
10m in wagering revenues is 2.5% of that.
.0014 scaring people
199m 10 days volume savaged average.
It's like nobody want to give shares away but flippers want to get in at .0012 if this steel like this they going to change their orders
It seems someone decide stop biding
First time oigo eso.
But they are scammers so it's possible that is why we didn't see a lot on the ask and shares filling only at the bid
Only 10% short sales, today was pure dilution combined with scare tactics by mm's..0015 build strong with all that sells. I don't know what to think for one hand it look strong and make you think someone is loading a lot of shares at this levels for the other hand I look like subroutines it going to break .0015s
I see a lot off support and money accumulating at this prices. People just want to see the earnings it's good this will fly. At t last the earning going to be better than all the others. I'm thinking why an institutions will convert all that shares for investment. That isn't common in penny's stocks.
Any ideas?
I bet what ever you want shorts are trying to trigger stop losses
Wao like 1 and a half hour and nobody want to hit the ask something if wrong here.
Technical indicators and moving avarages
Technical 6 buy 2neutral 2 sell is a strong buy
With this support at this levels shorts have to cover. It's very clear this is waiting for some kind of good news to explode
I partially filled no way I'm not a flipper
Thanks for the advise
Yes I took all day I just wait if my order filled if not I hit the ask
Maybe it goes down to .0018 just a little bit if volume dry. Don't get me wrong I believe this going to be a good play just want to make sure don't get stock like I always do it just Mir cautious for me I always hit the ask and when I do it always the price goes down you want that luck in this stock lol.
Yesterday we saw it shorts still trying so maybe we see it. I just trying to have a good entry point
This will run nice looking for a entry point
Want to be in but I don't know .0021 don't look strong maybe .0018 is a good entry don't want to make a mistake and go to list mode immediately.
I get out at .007 with 3.5k losess
At least be fair and don't put article for shorts
You don't read the fillings the s1 read it first they are selling 5m shares to beufort capital assuming a pps. Of .03 that is 168m this is a 3 year deal the only people that know how many shares beufort have is the company. This are free tradeable shares they fling to buy time to time.
That why they need the pps up and doing a r/s because if not they have to issue not shares to get the 5m they need just read the filling
I was looking for him too but his LinkedIn page doesn't have photo.
Yes but I read I one of the others pr that bacaratt was 1.5% of wagering that what understood.
I know I know
My Chinese lol I'm Puerto Rican with auto correction
Can anyone predict how much revenues ELRA will have. I'm me in here but trading all the pr and the wagering news Iam. Thinking they will make like 500k to 720k
This is a real assumption or I am off the reality I just assuming a 1.5% to 2.5% of wagering.
Also will like to know how people in here see the conversion of the notes. I see it like good almost all of theme are converted at a higher pps.
Another thing anyone have a experience seeing a company doing a r/s with all that institutions counting on you. I kill the CEO if I convert the shares and he do a r/s .
Also I'm not a basher I'm not a short I was long and I saw a opportunity not to lose 7k just lost 3.5k
I'm out I want to get in when all this dilution stops or they do a r/s and when I see a better balance sheet example 100k in paid subscription and 100k in the ads and 50k50k from the venues
The active user is a 10% conversion of the subscribers so is around 42 to 50k. That said by Robert rositano Not me. He said that to the news castle article they paid for it. I like you make money just be careful this can hit .01 but also can go back to .002 just read all the inks they see diluting this heavy 143m outstanding. They do a r/s every time they dilute I think that are waiting that Beaufort sell everything to do it. No way they will get the 5m off Beaufort at this prices.
They don't care about shares holders everything is about users and their money.