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I project aprox $25 mill in sales through June!!! With approximately $7.5 million in net profits. Essentially redefining the company going forward
MONUMENTAL GROWTH HERE
Are you seeing what I see
Long GBHD!!!
It's on otcmarkets
Good Luck!
So you've been my rival on the bid, hahaha. With so few shares sold at the bid here, it's hard enough getting any without the competition...
GL
Thai
That's our week point here, revs...
But I see a shift coming soon
Being that we're asset rich & rev poor is what makes this stock so undervalued & an excellent investment opportunity for us (net-net).
99.99999% of stocks out there trade at "potential", where we're trading below actual
GLTA
Thai
Lol, there goes another disgruntled employee buying
Lol, nicely said
There are 507 shareholders of record as of Sept, believe it would be more today, just saying
All the selling has resulted in the pps going up! Lol
lol, funny reply, appreciate the laugh
I'm sure employees would rather buy, than sell at this point with revs set to demolish any previous numbers posted by the company
you can see the short trades for each day here, if you search GBHD, for Friday, you'll see 79,650 of the days trades of 86,731 were shorted, I love it
You must have the wrong board, no tanking here, setting up quite nicely imo
Own up & put your pocketbook where your mouth is!
If you think it's going that low, sell now & try to buyback at 2c, dare you
Picked up 17K today :)
Trying to free up more cash as we speak
I did a while back & many didn't even understand what the company did!!!
Can't understand why you'd invest in a company you didn't understand, lol
The plot of this story is thickening boys
Global Enterprises Group, Inc. (GLHO) Completes Acquisition of JP Anderson
Thai
Nice follow up, thx
Thai
Would have been nice had they expanded on their reply
Agreed, guess what?
Even if we make 0 advancements from here, we're going up based on revs achieved thus far! We're in line to make over $5 million this year without VX Gateway or apps, so just enjoy the ride!
Anything extra is just that, "extra" :)
Oh what a question... I don't pretend to be all knowing, or I would have sold at 8c to buyback today, I believe we are significantly undervalued at the moment, but I do have my own "opinion" on the matter;
1) We only have 3 quarters of revenue under our belts, we need time to build faith & projections
2) Our financials haven't been unaudited up to this point, which will change in the next 45 days)
3) We've yet to capture any large investors, I expect this to eventually change as we hit new milestones
4) We've yet to receive Federal Reserve ruling on electronic checks, many institutions are afraid of being liable. We put this behind us & there will be no looking back
5) We've yet to land any well known retailers, just a matter of time
6) We've had 2 flops from potential clients that didn't pan out, CMS & Spindle. SH1T happens...
7) Infringers such as CheckAlt & MVI have shown the ability to penetrate the market at a much faster rate than us (covered in my post 142761), hoping that will be addressed via our patent litigation team
8) The buyback of 1 billion shares, than a quarter later, issue 1 billion shares... Not much to comment, just hope he will insight on that move...
9) People have been pumping this like crazy, often disappointing new investors (how many here refer to CNN Money's valuation of $75 or say better than 2008 @ $150/share), but many have not taken into account that the share structure is much different today than back then…In 2008 there were approximately 151 million outstanding which pales in comparison to today’s +4 billion shares… If the PPS were to somehow climb to $150/share it would be equivalent to $3973/share under the old structure. So in perspective, if the company today were to be valued as it was back in 2008, we’d be looking at about $5.66/share today (boy would I be happy with that!)
10) People also rub it in the face of others "look at me, I bought @ 0.002, I'm still up 1000%, I'm smart, you're dumb..." (I hate this one...)
11) At one point the CEO claimed to be looking for sub-licensers processing $100 million/year (which would be great) & then at a later point he claimed to only be entertaining sub-licensers processing $100 million/month (I as many other shareholders got very excited at the thought of this & probably jumped to assumptions that the sub-licensing model was working out extremely well). Then followed up with a PR of 3 licensing agreements of small players or start-ups & no subsequent big deals... (GO VX Gateway!!!)
May sound a bit negative to some, but this is my take on the situation. I do feel like we've hit the jackpot here & am very bullish on this stock. My intent is to NEVER sell this stock (unless some drastic unforeseen event were to happen). The catalysts at hand are worth far more than reflected in the PPS.
The business model is out of this world, once we sign a client, they're not likely going anywhere (would be surprised to hear "MYEC looses client for slower, more expensive, fraud ridden ACH"), so each quarters financials should be better than the last... I know of no other industry that can say this & our profit margins are SICK!!! So as we snowball down the hill from here, I think it will become increasingly difficult to keep the PPS down & it is my expectation (with massive cash on hand in the future), we'll be looking at doing acquisitions of our own, share buybacks & eventually receive dividends.
I will be here quarter after quarter, year after year. It's purely entertainment to follow the SP & MB at this point, but always keeping my eyes out for good DD for future articles.
GLTY & all LONGS,
Thai
A fellow poster Leirum uncovered that Ed's patent was given to MYEC in the past, it's fact & in writing, but was a concern of mine before it was found
I'm betting on seeing the valuation only after the Feds make a final ruling IMO
Front-end users of check 21 processing will not have to pay any settlement. It's not their fault infringers are offering a service they are not entitled to use, but the back-end guys sure will & we should get our cut on front-end thereafter
Don't think so, there are people here on the MB who advised him of it
Following this board is almost a full time job (maybe one of our 17?)
Or 17
Numbers haven't been published yet, how do you know?
Was thinking the same thing!
California, here we come!!!
Hope it's to go after CheckALT!!!
We're so close to a turning point for the company & pps
I'm watching constantly with eager eyes
Possibly because they're beautiful & bring a lot of of health to our business :)
Lol
Haven't been following the BB much, so this may have been posted, but I like this
http://www.banktech.com/payments/federal-reserve-takes-a-bath-on-paper-checks/d/d-id/1289578
Hopefully Frank will deliver in a big way & add value for its shareholders
Always a pleasure & a good reminder for those in doubt due to the current pps, I know what I own & will continue to accumulate & be a shareholder for a long time to come
Best wishes,
Thai
sometimes the trading may seem slow here, but things are setting up better than can be expected here...
Today again, we have another day of short sales making up 83,519 of the total days trades of 166,993
that's another whopping 50% of the days trades!!!
Doesn't sound good to you? Though that is stopping the pps from climbing as fast, it really is playing in our favor here!!! That's just another 83K which will need to be covered at some point :) and another trader or two had the opportunity to buy at these low levels
In case you're not keeping track, it's been like this for a few weeks now of day after day of more than 50% of the sales being shorted
So trust me when I say your bid support will prevent the shorters from covering & when news hits (ETA MID-JULY, just 1 short week away) all bets are off, we will see a massive short squeeze here
FYI, short squeezes are not something I commonly look for, but I recognize it when I see it. I've never commented on this topic on any other board, but when it happens, you'll know who called it!
Mark this post!
I still see the 40 to 45 cent mark to be the point of no return, we will soon see
Funny being one of my favorite stocks that the MB is so quiet here
Better that way, don't need no pumping on this one & I'm not much of a day trader, so it has a long way to go before I'll consider selling any, only going to get better, quarter after quarter :)
With the current low volume I recommend sitting on the bid (how I got most of my shares), I do consider it currently undervalued considering all that the company has achieved thus far, but considering all the shorting going on here it's worth waiting to see if anyone is foolish enough to short into you.
I do love all the shorting as it will be a driving force of the stock price in the short term & I'd buy as many as I can once news of our growing revenues hit the wire, cuz it's going to heat up fast!!!
All IMO of course,
Thai
Many reasons to be excited here!!!
If you can't read the writing on the wall, don't blame me later