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Today could mark a change in how GDVM trades moving forward. This was the first 200 day MA test since August 2022 which appears to be where the previous takedowns in December and February tried to test. With buyers stepping in to defend such a critical technical support, significant fundamental catalysts coming any time, accumulation still holding strong near all-time highs, and absolutely no dilution, I think all signs are pointing toward a considerable recovery from here.
I think there was a publishing issue with the article yesterday. It didn't hit any of my brokerage news feeds yesterday, but the updated article hit all of them this morning.
I would put less emphasis on the day to day price action and focus more on the amount of accumulation happening at these prices. Every single selloff since September has only led to higher accumulation in the following days. Pair that with the fundamental catalysts we know are on the way and it becomes clear that this thing is about ready to explode at any moment.
Sellers, thanks for another chance to grab $0.058s. I'll also take mid $0.05s, low $0.05s, and anything I can get in $0.04s, too. You can have them back at $1 (which will still be a fair price). I can wait.
So by that logic, all OTC tickers are fairly and efficiently valued at all times as "ones with deep cash" would drive them up otherwise? Lol. "Ones with deep cash" will be paying a whole lot more than ~$0.25/share sooner or later.
Great opportunity this morning - can't imagine these sub-$0.02 shares will be available for long. Probably seeing that legacy shareholder who put a ~500k share wall up a couple weeks ago finally exiting today.
Let's see what happens when the 99%+ OS & AS reductions are posted to OTCM.
Setting up for a nice recovery here IMO.
Tomorrow will be 15 days since the stock promotion badge was added, so it should come off tomorrow or Thursday at the latest. Just in time for APSI to post and be able to comment on its audited 2022 financials in the 10-K. Selling has clearly dried up at these levels as well, and it looks like only 10,000 shares currently separate us from .20s and .30s. Seems like everything may be falling into place right now.
All things considered, APSI remains one of the most impressive value plays available in the OTC. Forget the timing of the super 8-K filing, forget the stock promotion badge, and forget the late 10-K this quarter. Focus on the expected $125m in annual revenues, focus on the company already being profitable, and focus on the extremely impressive updates we've already received regarding how the company is positioned to continue growing exponentially in the near future without diluting a single share so far.
At the end of the day, APSI has absolutely no business sitting under a $4m market cap. I'll continue to hold and buy all I can down here as this is a remarkable opportunity that won't last forever IMO.
480k wall sitting on the ask, loading wall maybe?
I don't think Wilton paid for two years of audited financials for nothing. Yes, the silence is definitely frustrating, but we know Wilton is legit and the upside potential here is astronomical if only one of their aforementioned acquisitions is finalized. The only thing worth doing down here is buying more IMO.
BF Borgers CPA PC according to the merger 8-K.
Highly likely that we see an 8-K filed today or tomorrow regarding the 675k restricted block issued on Monday IMO.
"Companies generally have four business days to file a Form 8-K for an event that triggers the filing requirement."
We are so lucky to have you on this board. What would we do without your incessant commentary on every single tick down from low volume sell orders?
Not really. Management told us they were pursuing acquisitions for rapid growth in the merger 8-K, and the most common route for growth companies to fund acquisitions is through issuing restricted shares.
Personally, I don't view a growing company issuing restricted shares to make deals as anything unfavorable for shareholders. Dumping unrestricted shares into the open market is a lot different, and that's not what's happening here. Management has been strategic in their use of restricted shares so far, so I'm expecting a nice update as a result of this first restricted share issuance post-merger.
675,000 restricted shares added. Could see an 8-K for the first acquisition this week.
AGSS
$1.96
Outstanding Shares Updated:
Old: 92,743,291 (2022-12-19)
New: 93,418,292 (2023-03-20)
Difference: +0.7278% (+675,001)
This is a really important point. Nobody complained when it was churning in the $2.50-$3.25 range on decent volume. Now it’s down on low volume and it’s something to worry about? Not IMO.
If people here have held since the 8-K or even earlier, why sell now when we’re as close as ever to the company’s first material update since the merger was made official?
I laugh every time someone mentions the word “scam” on this board. AmeriGuard has $308 million in government contract revenue over the last 20+ years.
https://www.usaspending.gov/recipient/a98e4fc2-b910-0ce5-e33a-a0364cb11e6f-P/all
“Wasted money, this will be in the trips soon and back to oblivion.” - Chiron, 3/4/2023
Up over 20% on just 60k in buying volume. Can’t wait to see how this moves once another 500k+ volume day comes around.
Most OTC scams aren’t SEC reporters and included in the top 25 companies within their industry in the United States.
Patience will pay with this one as it has before. AmeriGuard still has 3.5 weeks to deliver any Q1 updates. Things are only just getting started here.
You aren't wrong about how long it will take APSI to fully pay for the Tradition acquisition. You are wrong for saying the deal isn't done. Tradition was acquired and their financials will be posted under APSI - it doesn't matter that the acquisition hasn't been fully paid for yet.
If I buy a house and have 30 years of payments to make, it's still my house until I default. Until APSI defaults on its future payments, APSI owns Tradition. The acquisition will only get unwound if APSI fails to make their payments which is unlikely considering they just secured a $10 million equity line to help meet their obligations as they come due.
I added at the same price earlier and will continue to add at these levels. APSI's share price is now back to where it was prior to any acquisition news. The current market cap was justified back when it was just an SEC-reporting shell. Now factor in that APSI has $100m+ annual revenues, upcoming acquisitions, and is pursuing an uplist. It quickly becomes clear that this is easily one of the most impressive value plays in the OTC.
Excellent point. Overall, I think the terms of the S-1 are extremely favorable for both APSI and its shareholders. It’s also very telling that an underwriter is willing to give a ~$5 million market cap company a $10 million equity line. Platinum is well aware of how undervalued APSI is right now.
Hey Mike. Toxic financing typically refers to convertible notes with a conversion price significantly lower than the current share price, even as a low as $0.0001. This equity line is much different and is likely the largest reason why Tradition agreed to be acquired by a public company.
The equity line gives APSI the ability to raise lots of capital at favorable terms for the company and shareholders. Shares will be sold at 92% of the lowest VWAP from the last 5 trading days - essentially at fair market value. APSI is also limited to only issuing up to the average volume of the last 5 trading days at a time, so there will likely never be a massive issuance all at once unlike most offerings.
Finally, the wording on how Platinum (the underwriter) can resell these newly issued shares is very interesting. It looks like Platinum cannot resell these shares until APSI uplists to the OTCQB or Nasdaq, or until they make a “negotiated transaction” with APSI. I think this means that APSI can buy back the shares and retire them at a later point. If I’m understanding that correctly, it is particularly good for current shareholders - APSI can raise capital now while it’s still undervalued and negotiate to buy the shares back before uplisting. It would also mean that any newly issued shares from the offering cannot be added to the float until an uplisting occurs.
Finalizing Docs for $TLIF to acquire Be Climbing, Inc which raised $2,976,000 in a private Reg D offering. Owns free & clear 7 acres of prime Orlando area real estate for 1st location and 2 other income producing properties. #BeClimbing think #TopGolf type fun, expansion, growth
— Tocca Life (@Tocca_Life) February 15, 2023
I think it’s possible we see the audited financials posted well before the March 31 deadline.
Yesterday’s 8-K states that we should expect to see the registration statement filed by February 17th. Seeing as they raised capital at $2/share pre-merger, it doesn’t make sense for the offering to be priced anywhere near the current $0.30-$0.40 range.
Plus, we know Tradition has been working on audited 2022 financials since the beginning of January.
I’m thinking they will post the audited financials before February 17th, expecting a favorable reaction and significant increase in share price. That would make room for the offering to be priced at a massive premium to current prices.
Upcoming updates according to the 8-K:
Q1 2023
- Beginning to establish the team of executives
- Additional government contract awards
- Acquiring 1 security company in California
- Beginning negotiations to acquire a cybersecurity company
- PR campaign kickoff
Q2 2023
- Acquiring 1 security company with annual revenues of at least $10 million
- Acquiring 1 transportation company (likely with existing government contracts)
Q3 2023
- Blending and consolidation of previous acquisitions
- Complete executive team and board of directors
- Additional security company acquisitions
- Aggressively working to achieve annual revenues of $100 million
I reached out to the city of Indio, Bridge Investment Group, and Connor Group. I'll report back when I get a response.
https://rivercountry.newschannelnebraska.com/story/48047392/rhys-warren-leads-genesis-capital-resources-ltd-established-in-2017-to-develop-genesis-metropolis-in-california-usa
This is the only outside article I've found. I see your point, but I'm not shocked considering they don't expect it to be finished until 2028 and it was only just formally announced at the end of December. I guess time will tell, but even if only a fraction of it is true, this still seems like an impressive opportunity.
Interesting how a few individuals in here react on red days, but they don't make a peep when we're up 40%. Dips continue to get bought up and Kareem is keeping the filings current. All that matters for now IMO.
Lol Kareem hasn’t diluted a single share since becoming the custodian. In fact, he cancelled 5.3b shares within the last 6 months. Go ahead though, keep complaining and making false statements.
I have no doubt that Kareem has received numerous cash offers for GMZP as it is arguably one of the cleanest and most valuable shells currently trading in the OTC. He is holding out for a merger target that can actually make use of the $72m NOL. Someone dumping their shares today doesn’t change that.
Tweezer bottom candlestick pattern is forming off of $0.27 which is the 1-year volume point of control (AKA the price where the most volume has occurred within the last 52 weeks). Looks like a reversal is underway, but I would remain vigilant as the recent bursts of selling pressure have typically happened very suddenly during quiet, low volume periods like we've seen so far today.
Absolutely. Carnes raised $200k at $2/share in April 2021, over a year and a half prior to the Tradition acquisition. It wouldn't make any sense whatsoever to do an offering (or preferred share conversion, for that matter) at even close to the current price per share. The offering and preferred shares are nothing to worry about IMO, particularly at these prices.
Thanks Roofus, love the commentary. Time is on our side here.