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Don't forget the Dilution, over 100 million within 6 months, then the 18 million in liabilities and the gagged TA...
If any company was transparent IT'S not omvs/rad...
Today's pr and the accompanying volume and lack of real buying, market signifies that rad is just a bag of wind...
Drop in the late financials and the big time cpa that cannot even get them filed on time...wow...
Then the fact that garret parsons is signing off on 8k's and nt10q's as the CEO, who is in charge...not SR that is clear on the forms...
Deception big time....
Yes you can trust SR, well He's definitely off the wagon claiming he is ceo...lmao
Sr caught in a lie...oh oh...
Omvs
Looking to see the OS over 130 million in tune with some toxic renegotiated notes to come when and if financials are ever filed...
Wait for it, That's all you do with omvs/rad
could not be filed within the prescribed time....
because the Company requires additional time to complete the financial statements and to prepare the Form 10-Q. The registrant anticipates that it will require no more than the additional 5 days allowed to complete and file the Form 10-Q.
that says it all......can't even deliver...
will financials be released at all
omvs
no one wants to buy...
today's pr obviously didn't have the desired effect...
only about 16 k shares bought and sold in last hour...
looks like OMVS was trying to pad the market before it releases it's financials...
like I mentioned before they would, but evident the desired effect didn't happen...
can't wait for the financials and the best day in RAD history..
If they are anything like today, well just saying
omvs..
look at the twitter feeds, 3 hours ago it was supposed to blast off..lmao
SEC guidelines are plain and simple again as to what a material event is...
so the pr's that OMVS'RAD have been releasing aren't really material events or a impact to the companies everyday business...
meaning the pr's mean nothing but just words and not to mean anything materialistically that would affect the company...
thanks for pointing that out...
that is the obvious point of today's pr as most see it as nothing major to look at...
obviously the pr today didn't have the desired effect as volume and price action dictates...
Can see how market is taking the OMVS/RAD's prs..nothing materialistic..
but again on the 8K GP as CEO...
also on 8K is GP
Date: October 16, 2017
On the Move Systems Corp.
By: /s/ Garett Parsons
Garett Parsons
Chief Executive Officer
I thought SR was running the show evidently that isn't happening...
omvs
so who is really running OMVS/RAD...doesn't appear to be SR
way to go OMVS
yes look at nt10q
right at the bottom is GP name...
says garrett parsons CEO...
Date
October 16, 2017
By
/s/ Garett Parsons
Garett Parsons, CEO
way to go OMVS...
so who is the CEO SR or GP...thought it was SR
no I didn't, I put up the guidelines for an 8k..
per SEC....
just look at them and your question will be more than answered...
omvs
SEC puts the guidelines out plain and simple...
that's plain to see, seems management at OMVS either doesn't understand plain english or just wants to make their own rules..
But I go with SEC as they have been around a long time..
SEC loves their filings and OMVS as you can see doesn't..
like omvs's timely financials...lmao
the problem is that RAD is living in the shadow of OMVs...
needs to seperate itself from the past history and then the ties like GP..
but won't happen which is why most don't take SR seriously..
omvs
SEC form 8k
https://www.sec.gov/fast-answers/answersform8khtm.html
that is for a company that is SEC compliant..
that likes to follow the rules of the SEC and being transparent...
unlike
OMVS
yes the normal business of not filing anything or in a timely manner...
yes todays pr does not warrant a material event like an 8k as it really isn't anything material...
all it is is just a pr stating what most companies do is publicize thru channels...
It may generate rentals and it may not...
just waiting on the financials and guidance for RAd, if they ever come...
then the full picture or what RAD decides all to see....
new notes aren't going to be on good terms as RAD is in debt and needs financing badly...word
omvs
yes OS though will depend on which date they use...
using a date that is 2 weeks or older for the OS will be off..
depends on how transparent the company decides to be, most likely not very...
TA cannot give out details of OS as the Transfer Agent is gagged so we know that info is farfetched...
toxic is OMVS before merger and now has brought it's history into RAd...
not looking good..
yes let's see the financials and the toxic terms, that's if they do release them anytime soon....
omvs
the pr is just to try and mask the late filing and toxic terms of the financials coming...
love the spectacular pr's almost always followed by dilution and sell offs...
way to go omvs....
lmao......
wow finally caught again
yes on the 30th...it's in filings...lmao
but seems others think it was on 31st and just kept going with it...
again speaks volume of the experience here...
news today, kinda been out for a couple of days....lmao
https://www.securitysales.com/emerging-tech/robotics-tech/rad-psa-security-s5-security-guard-robot/
omvs
nah, the note probably accounted for about %35 of volume for that day...
then about %10 to %15 percent on the days afterward, I mean it was at %50 discount...
what you have mostly been seeing is whoever bought has been selling off at a profit....simple...
OS is probably standing around 130 million in my opinion..
then there is the 18 million in liabilities that will have to be addressed, can't wait to see that in the financials, most likely as some say renegotiated terms, and maybe pushed out for a little time...
Most likely OMVS/RAd will seek to raise authorized shares, will have toxic terms for the refinance and most likely stick it to the shareholders...
I also see a reverse split within 5 months in my opinion..
looking forward to the 1.5 month run that's just looking like a 1 to 2 cent rise followed by the 1 to 2 cent drop..easy
can't wait on tha blockbuster PR, thought they would hold off on that until nov 31st for the 380 k note due then, or maybe some other conversions are going to take place before then..
well those financials should be coming...
at present the note due on nov. 31st will convert to another 5.4 million shares added to OS if it converts at .07, many more if at a lower cost..
omvs
Yea, over a 100 million shares diluted in 6 to 7 months isn't
Massive....just plain enormous..
Wait for financials and the new notes...more massive dilution coming...
380k note due Nov 31st...
Now that's not massive dilution...
Omvs
Well to burst that bubble a note came due less than 2 weeks ago...38k..
In the filings..crystal clear...
We need other theories...it's just plain dilution...
Omvs has 18 million in liabilities...just read the filings...lmao
Omvs
Oh been watching it for awhile...
It never ceases to amaze me how off the projections are...
That's funny....lmao
Seems weird that the tone is now when financials drop it will run...lmao completely...
Omvs
What happened to the 1.5 month run...
I am still wondering on that one...
When financials drop will omvs release a pr before or after to mask them...??
Going to love looking at those not so sweet notes...
I mean still have that 380 k note coming up in a monthish.
Omvs...
odds are OS is closer to 130 million..
with renegotiated debt,and at what terms..
what is and if any revenue coming in ....
what is and if there is a strategic partner besides SMP...
will the company become transparent or will it keep denying the investors the true status of the company..
will it ever ungag the TA and try to behave as a company on nasdaq..
RAD needs to change it's ticker and update it's website to include an investors page with links to SEC filings etc..
would look better for potential investors...just saying..
must not be a big position as there hardly any volume...
big yield sign and now omvs is looking less like a transparent company than it touts..
most know it isn't transparent anyway...
cannot even live up to it's filings of a timely financial..
omvs
no it wasn't kind of obvious...
if OMVS had filed on time, then there would be no yield sign...
I have been saying all along that they wouldn't file on time...
that's obvious...
omvs
waiting on the financials
YIELD SIGN UP ON OMVS...
not a good way to start the week but it is understandable..
only 2 months into merger and OMVS already is looking like a company that is refusing to put out pertinent info for it's investors....
yes financials will be delayed, and then when released what information will really be in them...
omvs...........
omvs competitor seems to be already deployed
https://www.inverse.com/article/32897-intellos-drone-pot-farm-security
the sharp vehicle also is 810 military spec. ,something to which OMVS/RAD is yet, so we know which market the sharp vehicle is geared to...
RAD/OMVS yet to get their government vendor status...
yet to file financials..
how is this ever going to get to nasdaq....????
2 small companies should be able to timely file financials...
Huge companies with tons more stuff going on file on time...
Omvs like usual lagging behind on IT'S schedules...
Delayed financials, delayed merger, delayed rental deployments...
Yup way to go omvs..
company isn't even 2 months old and it's already in danger of being a non-reporting company...
results like that can lead to a stop sign and or yield sign on otc board and a DTCC chill...
that wouldn't be a good thing..better get on twitter and let SR know....someone...lol
let's see those financials and some transparency...omvs
what about sharp...
http://www.sharpintellos.com/
I mean they got best outdoor security perimeter award ASIS 2017...not RAD
OMVS/RAD, what award did they get at ASIS 2017...
where is the financials..
omvs
technically omvs has until 10 pm eastern time to file..
but to get the same day filing omvs needs to file by 5:30 pm eastern time..
not looking like it will hit the same day filing though...
omvs
lmao....
maybe should read the terms of notes....
the last one to convert was at a %50 discount....
oh well...
omvs
maybe explain the short interest standing around 6500 ...
looking at reported short interest, it kind of contradicts your analysis..
omvs
is that when they do the reverse split..in order to get to a dollar...in 3 months
ouch 2pm surprise,well it depends on what time zone...
lots of red blocks that is in my opinion from what dilution omvs is trying to clear up before financials...
I wonder what day they will go off for the current OS, I imagine it will be before the current dilution began...
wow...was wondering how long that would go unnoticed...
it sure did take some time for that to come to light...
so much experience here and look....
now, will omvs file it's financials today..in a timely manner although a tad bit late...
omvs
Sorry, but I wasn't the one who awarded them best outdoor security
Security Today magazine announced the winners of their 2017 "New Product of the Year Award" in August and presented each recipient with their honor at ASIS. The Security Today "New Product of the Year Award for Outdoor Perimeter Protection"
that does say outdoor security perimeter...
evidently sharp received that award and not RAD, wonder why ???
but I only wanted to point out another competitor...
seems like they are coming out of the woodwork now..
omvs
just a correction, by 5:30 pm....
will it be filed by then or will they seek another extension..
also whether the debt has been renegotiated and at what terms is the driving factor behind the filing...
what will the guidance be and at what margins is the company at...
revenue, costs, etc....
also what is RAD at as far as deployments and commitments we'll say..
because most know what RAD says and does is 2 different things...
omvs
now we have sharp, another of omvs competitors
https://www.prnewswire.com/news-releases/sharp-intellos-security-robot-earns-two-industry-awards-at-asis-300539975.html
seems that there is another competitor out there...
even was honored 2 times at ASIS 2017...
while OMVS/RAD lacking in deployments, others have already done POC's and deployed...
excerpt from article and to note that RAD wasn't the winner
Security Today magazine announced the winners of their 2017 "New Product of the Year Award" in August and presented each recipient with their honor at ASIS. The Security Today "New Product of the Year Award for Outdoor Perimeter Protection" honors the outstanding product development achievements of security equipment manufacturers whose products are considered to be particularly noteworthy in their ability to improve security. More than 100 entries were received in the ninth successful year of the independently juried contest. Winners were honored in 40 product award categories and those manufacturers will be highlighted in the December 2017 Security Today issue.
will OMVS/RAd release financials today remains to be seen..
Seems RAD needs to bump up it's AI a little here as sharp seems to be ahead...
omvs
That is already known...
Once financials are released the real facts will come out and I am sure some others will soon..
Omvs just milking the investors as long as they can..
Omvs
Like I said read into it..
That is why Twitter is used so often by sr..disclosures...
Bypass the legal filings of the SEC, and when it is proven untrue and misleading...it was misconstrued..
Like I said, transparency on a higher level...not happening here with omvs...
Love that Twitter, but SEC loves IT'S filings too..
Omvs, again no partnerships and that will soon come to light..
Yep, reading into it...
Until a confidential TO comes out in a legal SEC filing, which won't happen or even a legal SEC filing pertaining to a partnership..
Well nothing more than a meeting...
SEC loves it filings and guess what, omvs doesn't..
That says a lot..
Omvs
Yes I did point it out...
Yes it can mean something for RAD, but yet to be seen..
Reading into things...
Now I also see competition mentioned...doesn't matter..
If omvs , RAD is really to move in the right direction, well transparency needs to happen on a higher level..
Remains to be seen..
Omvs
Wow....
I know Microsoft very well..
In fact it is used in many things everyday by everyone on a constant basis...
Microsoft meets with many people things etc. on a daily basis and then more than once, does not make those people partners..
Well I hate to use this example as again most read into it..
Knightscope has had several meetings with Microsoft, even Microsoft has knightscope robots on their campus..that's fact..
But again that was an example...knightscope isn't partnered with Microsoft, nor is cobalt who also has had several meetings..the list goes on..so exuberance and excitement..but not partnership..
Omvs