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It's a joke. This company should be valued around a penny as we stand. Obtaining a SBA government backed loan was huge. This company had positive net income. Find me many other OTC stocks that have that.
That's what it looks like to me as well. When it looks like we are going to bust through .0015 they bring it right back down. Then they bring in support at .0013. Appears to be very "controlled" trading.
There is either major manipulation or the remainder of a CD being dumped.
I tend to agree. With obtaining the SBA loan, I think there will be an update coming regarding the debt situation. Whether it be an announcement that all CDs are done or a share buyback. I'm not sure about a share buyback since GNPT needs the cash for acquiring the new recycling company. People will be thrilled if all CDs are done.
At this point, I think most people are more concerned with what is left with the remaining CDs. If management would come out and state CDs are completely finished, this would fly.
An update from management regarding the remaining CDs and share structure would do wonders. One would think the CDs have to be finished up. And with the SBA loan obtained, they should be done for good. Interesting to see if there are any T-trades today. Would somebody please contact the TA.
Agreed. The accumulation in the .0010 - .0016 range has been incredible. I'm not sure if there are still a little bit of leftover notes being converted, or if people are that dumb and selling. The market cap is incredibly low right now at $630,000. They have over $8.2 million in assets and over $350k in POSITIVE equity which is unheard of in the OTC. They had POSITIVE net income last quarter, which again is unheard of in the OTC. In my opinion, anything under a penny is a steal.
Anything under a penny is a steal. This could run to a half penny in a day.
Have a market cap around 650k. They have over $8 million in assets.
Completely agree!
Yep. It seems like most acquisitions regarding the use of stock, involve common or preferred stock with at least a one year restriction. And it's not all being funded with stock. The more acquired using cash the better. Either way, not too concerned. This is probably why he increased the AS limit.
As part of the acquisition, many of you were wondering about the cash portion and how they would get that. Looking at the last Q report, they had approximately $1 million in accounts receivable. If they collected on the majority of that, they could use that money since they have cash for day to day operations from the $5 million SBA loan.
There has been very heavy accumulation the past couple of weeks. When this decides to run, it should run hard. This should be valued at at least a penny based on the current situation.
Problem is management needs to communicate how much SFOR was awarded from the Microsoft settlement. I'm not sure if it's because of legal reasons they can disclose it.
All you can focus on is fundamentals in the OTC. OTC is just too unpredictable otherwise. "Junk" stocks will run 200% randomly without any news.
Eventually fundamentals will catch up and the true value will be shown.
That's a very good sign that the TA is not gagged and the OS amount has not changed significantly unlike 95% of other OTC stocks out there.
Keep in the mind that any new issued shares over 5% of the last outstanding share amount reported on a 8k or Q report must be reported in an 8k report. I'm not sure what the last officially reported amount was, maybe 435,000,000.
I think the past few days has been a combination of CDs being finished up and games being played by the MMs.
This stock is significantly undervalued at the moment.
450,000,000 * .0014 = $630,000 market cap.
This company has millions in assets, millions in revenues, and producing positive net income which is unheard of in OTC land. If they complete this acquisition, they will have ~$4 million more in revenues.
Just games being played the past few days. This was trading in a very tight range today, mostly 14s. You had NITE on both the bid and ask trading shares back and fourth. IMO, this is being held down why certain people accumulate. The market cap on this stock right now is insanely low considering they have millions in assets, positive net income, and positive equity. Also, being able to obtain the SBA loan speaks volume. The good old OTC world, where it's being manipulated at the moment. There are stocks that trade with million plus market caps, that have zero revenues and hardly any assets. This will show it's true value in the very near future.
But I think we can all agree it's WAY undervalued at the current pps. I think if they do acquire the recycling company, in addition to obtaining the low interest financing, this could be valued at approximately a penny or close to.
Very well said.
Yep. I'm thinking maybe they use half or a little over half for the acquisition. But it's anybody's guess at this point. Also like I said, even the shares he does issue for the acquisition might be restricted for a certain time period.
Disagree with hitting .50 unless the company is super profitable. If you look on the last Q report, they didn't have much in cash but a good amount in accounts receivable. If they collected on the AR then they should have a lot more cash. Plus, might use cash from the $5 million SBA loan.
It says the company can be acquired for the equivalent of one third sales in a combination cash and stock transaction. The recycling company had approximately $4 million in annual sales. If I'm doing my math correctly and reading it correctly, that means the company would be acquired for approximately $1,333,332. If they can fund 40% with cash (maybe some from that $5 million SBA loan) that would leave approximately $800k to be funded with stock. It could also be restrictive stock that has a time limit before it can be cashed.
This would generate about a total $6 million in revenues for GNPT. I'm guessing they would cut a good percentage of the staff from the recycling company and use the staff that's already at GNPT to improve the bottom line numbers.
Company seems way undervalued at the moment considering it has a market cap of approximately $765k. This should be valued AT LEAST around .01.
This stock appears to be in a strong downwards trend now. It broke support at .0015. If it breaks support at .0010, watch out below. This stock has cooled off and people are selling left and right. Who knows when this RM will ever happen if it ever does.
Now we know the reason why the MMs manipulated and dropped this yesterday and today. They wanted to load. Explains it all.
Keep in mind folks we have a market cap of $800k right now. We are already pulling in positive net income and millions in revenues. Now we are about to obtain a coming generating $4 million more in revenue. Can you say penny!!!!!
Wow millions more in revenue coming our way most likely!
And there we go....
Yes the market cap on this is EXTREMELY low right now. Just games being played.
There would have to be an 8k filed.
It might have been required to obtain the loan. He could eventually issue preferred shares that have a restriction on when they can convert. All that matters right now is Issued Shares, OS and float.
Agreed.
"Junk" doesn't get a SBA loan. Go ahead and look at the last Q report yourself....
Where's the link please? Even if there was it will be gobbled up in no tint just like today.
This is a joke of a pps. It's going to snap back by end of day even or most likely a green close.
This has been about as stealth of a run as they have come. Like the action. Just nice gradual days up. This hasn't even gone parabolic yet.
If it's anything like the past few days, starts off a little slow and then will get a late afternoon push. I'm looking to purchase approximately 5 million more shares tomorrow once my funds clear. I hope I can buy in under .0025.
Folks from a CPA standpoint, this is one of the best OTC companies out there. They have positive equity on the financials. That means more assets than liabilities and not in debt like 99% of the other OTC plays out there. They also just obtained a SBA loan. Those are much more difficult to obtain than a normal mortgage loan from the bank. Once again, 99% of the other OTC stocks have to resort to toxic financing and would not be able to obtain this. The market cap is approximately $783,000. Look at the assets on the books and the additions of the new $2.5 million in assets and tell me if this WAY UNDERVALUED. This company had a POSITIVE net income on the last Q report. This could run to a penny without more news.
All you need to know is POSITIVE Net Income, POSITIVE Equity, and a SBA loan that has a low interest rate for the next 20 years. This means NO toxic financing. How many other OTC companies have these three qualities.
People are getting impatient with this one. RM could happen tomorrow or could happen 6 months from now. Time is money. Also, I'm guessing the company will get the majority of the shares compared to Talk shareholders. Talk shareholders aren't going to reap the benefits of another company making millions in revenues. Talk shareholders will simply get diluted. Also, what is the profit of the other company? Revenues don't mean much if bottom line profit is negative.