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Sing gonna go to .01 tomorrow
The volume is way too low...
Is there a broker dealer that allows you to trade caveat emptor?
Can this be pink current already? We see the revenues and liabilities in the filings....
Source?
How long does it take for OTC to process pink current filings again?
I am officially in on this stock. However, I believe it is too soon to buy in, regardless, I did add $1k. Since the merger was only announced on the 10th, It's going to be at least 1 month wait for the filings; most likely even longer. Knowing that OTC people are very impatient, I believe the price will trickle down even more.
Can someone explain how these 0 revenue companies make money?
Psssh weak shit. Just a matter of time for OTCMarkets to review and update the filings. Holding long.
I've been here since .001. I have not been active much since making the decision to go long on this. Just wanna give my appreciation to Mr Hobbes for his due diligence and contribution to this thread. The end goal is still the same. Waiting for full consolidation of the company.
Filings will shoot this to silver, hands down.
Gratz to all my people who held their positions. We few, we happy few.
Shares Floating is what matters. TSN_ had nearly all of it's outstanding shares floating, that's why it went nuclear.
Yeah it's really just a matter of waiting. The more you check the stock the harder it is to wait.
PT in 6 months? .25?
Too many desperate clowns trying to scare people's positions. I reviewed all DD and know my own position. Holding longgggg.
He's a moron. He sees dark defunc since 2015 and cries about it like a kangeroo.
Try harder noob.
Same, I'm with this guy. I went in on this stock back in .0011 and I'm still holding. I could've taken profits back at .095, but the company hasn't even released filings yet. We're still waiting on full consolidation of the entire business structure (hidden acquisitions, revenues, assets, and liabilities). Lastly, the company is still not in full operation. After we get a full production line going (from plant to manufacturing to retail clinics). After all of this is done, what is the company's valuation. That is the final game plan.
According to the statement released on Jan 8th, they said to expect filings to be released in the upcoming weeks. It's been 1 week, so anytime next week to 3 weeks from now.
This board would be clueless without you. Keep it up bro.
People trying to claim this as a pump and dump? Looooool bunch of retards. Go back to $NECA and lose money.
Bound to see resistance at .01 due to day traders. They didn't go in back at .001 so this is bound to happen. But we, the original .001s know the real worth. Waiting for the announcement and holding long.
So basically, you're telling me this guy is a casino lord about to distribute marijuana joints to people as they play poker at his table. Sounds like a pimp to me. I'm in.
It opened 25-28 buy that shittt
Ahh I see. Thanks for the correction.
I noticed that too. I believe they acquired the retail location. Could be wrong, but that's my guess.
I like your optimism, however, ask yourself. Does a market cap of $142,558,996.90 make sense? The farm is 6 acres with 100,000 plants per season. How much pot do we expect to get? How much weed do we expect to sell? What's the revenue projection?
When the company completes the spin off, the share prices are guaranteed to go down. Why? You're taking one company and splitting it into two. I don't know why the fuck a solar company got into hemp business, but that's what they did. 1606 Hemp has NOTHING to do with solar. So they're taking equity and making it, it's own business. SING share value has to go down because the company itself is losing 1606. Shareholders ownership stays the same because you're getting 1 for 1 dividend ownership of 1606. Unless otherwise they decide more dilution. From the looks of things, I don't think they're trying to do anything shady. If they were, it wouldn't make sense for them to pay off debt before the split. It would make more sense to split 1606, have that company inherit the hemp business as well as all the liabilities and die off. The fact that they paid off the debt while still one company, and then split, makes it more legitimate. The question WE ask, is how much revenue/asset/debt is 1606, and how much revenue/asset/debt is SING? We have no idea the profitability of the hemp business distinguished from the solar business. We only hope, that both are profitable and that the board can stop diluting shares.
This is a classic pump and dump. I've seen many of these in my time on the OTC. Company releases a completely controlled trial or test of their "product" hype up price, and then dump shares and dilute. Claim amazing test results, rinse and repeat. Sell...
So basically, we clone the number of shares from SING and create a another company for 1606. We each own the same proportion of 1606 and SING. Question now is, how much of the total revenue is from 1606, and how much of the total revenue is SING?
The company still needs to add 84,794,938.44 to the market cap in order to meet the $3 minimum for exchange enlisting.
Just take everything and divide by 75.
They hinted that they were in process of acquisitions, see below.
https://www.otcmarkets.com/stock/SING/news/SinglePoint-Outlines-Strategic-Initiatives-to-Secure-Leadership-Position-in-Renewable-Energy-Sector?id=282702
True. But if they do want to uplist, this would be closer to their goal. We might see announcement of M&A in the future.
That's great news. Can you post source?
Any suggestion on a broker that allows OTC with free trading?
I couldn't go in on this stock. My Etrade said I had to call to make the order which is fking retarded.
Balance sheet is not helpful here. But the business model is okay.
$CATV Balance sheet is dark. But business model is good.
— Pukes (@Pukes19) January 7, 2021
1) Company makes it's own produce
Company acquired CIGN LLC, a farm that grows weed (see greenhouse image below)
2) Company owns it's own clinics
Healthcare and Wellness Clinics of America + 4CABLE Inc pic.twitter.com/DDhssrAGtk