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2020 - Stock Market Holidays All Major US Stock Exchange
Independence Day Friday, July 3 (July 4 holiday observed), 2020
he isn't either
.0691 to be exact.
lol, is the paint drying on the brush..
yeah .0023 feels pretty stellar too!
Only 8m shares have traded today. ppl just look at their account, not the facts on the trading floor. The extremely low volumes we are having mean nothing. It's giving shorts some room to cover but at this level of volume it may take them 2 weeks lol.
Wait until the next 100m plus day and watch it go way green.
...and quit looking at your accounts tick by tick.
lol, don't hold your breath waiting on it.
Exactly!
Great weather in MD today low 80's, low humidity so of course golf was in order. Catching up now on the day.
From scanning the trades looks like 2 is where buyers came in so guessing shorts covered above that. Very low volume so shorts still have much to cover.
TPTW
Yes, toxic debt has been an ongoing overhang for over 2 years. While it was necessary for survival, DSGT is now in a position to settle it and clean up the balance sheet. SP should grow quickly once it is completed.
Same guy. Look at his career experience. He moved to California for a few years after 911. I think that is his connection.
https://www.linkedin.com/in/zagoren/
https://who.is/whois/tptquiklab.com
Registrant
Glenn Zagoren
501 W Broadway Suite 800, San Diego
support@vidium.com
http://www.vidium.com/
Vidium Branded Content
A division of the Zagoren Collective, LLC
www.zagoren.com
I might change that just a bit Joe. I think the compensation overhang is what was baked in. Going forward the overhang is gone and I believe sp will attempt to reset to record revenue and triple digit growth expectations.
He read later not to be enthusiastic on this board.
All I know is my .0023's are trading at .023. Pretty realistic hype. I guess we should just let the bash squad speak while we remain less enthusiastic.
10Q Globe Newswire
https://www.globenewswire.com/news-release/2020/06/22/2051593/0/en/VERUS-INTERNATIONAL-REPORTS-RECORD-SECOND-QUARTER-RESULTS.html
For fiscal Q2 2020, management is noting the following items of importance:
Revenue set an all-time 2nd quarter record, reaching $4.6 million, an increase of 58% over the $2.9 million reported in Q2 2019.
Due to pandemic-related port and store closures, a portion of expected Q2 2020 revenue shifted into Q3 2020.
Gross profit margin improved to 15.8%, 46 basis points higher than the 15.4% reported in Q2 2019.
Operating expenses of $7.7 million were $7.0 million higher than the $0.7 million reported in Q2 2019, as a result of a $6.3 million increase in stock-based compensation and higher expenses across all other categories to support the record quarterly revenue. The significant increase in stock-based compensation expense was due to an amendment to the CEO’s employment agreement whereby the ability to receive quarterly and annual warrants to purchase shares of the Company’s common stock until such time as he owned 20% of the Company’s then issued and outstanding common stock was replaced with a one-time grant of warrants to purchase shares of the Company’s common stock. This amendment generated a one-time stock-based compensation expense of $6.5 million. On a proforma basis, excluding this one-time expense, operating expenses for Q2 2020 were $1.2 million, compared to $0.7 million in Q2 2019.
Operating loss of $7.0 million was $6.8 million higher than the $0.2 million loss reported in Q2 2019, as a result of non-cash expenses that more than offset the gross profit increase. On a proforma basis, Q2 2020 generated an operating loss of $0.4 million, after excluding non-cash expenses (stock-based compensation, intangible assets amortization, and depreciation).
Net loss was $7.3 million for Q2 2020 compared to net income of $2.2 million for Q2 2019. On a proforma basis, Q2 2020 generated a net loss of $0.5 million, excluding non-cash expenses (stock-based compensation, intangible assets amortization, convertible notes payable related items, and depreciation).
Stockholders’ equity achieved a new record at $0.5 million, which is significantly higher than the stockholders’ deficit of $0.9 million reported at fiscal year end October 31, 2019.
“Our quarter looked fairly normal until April, when we suddenly faced trade route and store closures in every product line and geography where we operate,” explained Verus CEO Anshu Bhatnagar. “Because we source almost all of our product internationally, port closures and transportation disruptions have a big impact on our business. Fortunately, these were all temporary situations, so our business has quickly returned to normal. We were pleased to still manage a 58% growth rate during our most difficult logistical quarter ever.”
On a forward basis, the Company is providing the following update and guidance:
With shipment schedules resuming, Verus is projecting a return to triple-digit revenue growth for the remainder of calendar 2020;
The Verus Cares division received its first shipment of masks in the U.S. and has begun to ship samples to prospective customers;
The Big League Foods (“BLF”) division recently received its first reorder for candy products from a regional chain (Big 5 Sporting Goods);
Based on active discussions, the BLF division expects to sign additional grocery store and regional chain customers over the next few quarters;
Verus is projecting that the upcoming quarter, (Q3/2020) will be another record quarter for revenue.
The positive attitude here is about way more than today.
Take cover General...we can't hold 'em back!
Yep, they are all in right now. If they don't break us now they're toast
Looks like Custer's (MM Shorts) last stand at 237 they're all there; otcx, gtsm, cdel, nite.
Meanwhile longs are gathering in droves on the hillside for the massacre.
cdel, keep selling!! lol, he's trying to make it to 10am hoping for it to crash. lol, can't wait to watch him scramble.
cdel, keep shorting at the open.
Hahahahahahaha burn baby burn.
wow, 8 trades just post for 10k each at 230 and then one for 130k
Excellent summary Pamela.
I have posted this before, still a good read.
https://tickerjunkie.com/market-maker-speaks-ways-market-maker/
Bottom line MM's have done no DD on TPTW, nor do they care. They do this on OTC stocks everyday because most OTC stocks are junk and they know it.
They aren't afraid...yet. It's coming and it will be too late once they finally grasp the situation. They are going to be so blindsided.
hehehe, love it.
Fascinating story CJ.
No money involved in this story. My father in law was an ardent Washington Capitals fan for years. Even after his sight and hearing were diminished he would watch his tv from about 6 inches away and crank his hearing aids up in order to listen to games.
He died March 30, 2018 having never seen them win the Stanley Cup. His wife moved in with us after he passed and we watched them win it all less than 2 months later. Peepers said this is for you John.
I know he was somewhere watching and cheering his Caps to victory! Not in his lifetime on earth but he still was Realizing Dreams!
Roaming Bull Investments
Realizing Dreams
TPTW
Tis the Law wins the 152nd Belmont, my $2 bet hit.
Much larger bet with TPTW, gonna be a huuge win for longs!
IHUB Boards, Saturday 12:20 edt.
TPTW
#7 Most Read
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I wonder who the manufacturer is?
"Practical Container Solutions an authorized representative for a container manufacturer based in San Diego, CA., herein after referred to as “Manufacturer”"
I wonder at what point Monday they will realize they're screwed? I fully expect them to come out the gate still trying to force it down. Would love to be a fly on the wall when they start covering.
That's exactly what they are doing. OMG gonna be epic when they have to cover next week much much higher.
Is it Monday yet? This will definitely be the most talked about stock over the weekend!
Yes, you are right it is 5 weeks, I said 4. Thanks, gotta love this company!
Great day to be invested in TPTW. Great 4 weeks as well!
lol, cdel getting spanked. 196 whack, 197 531k whack, 198 50k whack, 199?
edit 199 640k whacked. lol cdel to 208
Some are flippers and Friday cowards. The bulk are naked shorts imo. MM pulling out all stops to keep the lid on. They will get fried I think.
cdel lol, about to lose his pants here.