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Yes old CEO as well as his affiliates . Bob Silver mentions in his tweets and recent call that the shares were slated to become unrestricted so company bought them out with help of cash/cash flow from Russ Sinacori
Float / unrestricted share count remains the same, per OTCMarkets, 16+ months now
Looks like MMs needed shares. They slapped $0.0103 and $0.0114’s, and immediately stacked them on the ask at $0.01, trying to create a sell-off it appears
7s blasted
Thank you. Company B had annual net income of $1.8 million and Company A had annual net loss of $1.8 million. Both companies are valued at $20+ million. CAVR had a net income of $1.08 million in 6 weeks , and has a lower valuation than both A and B.
Can you run the numbers on these two OTC companies and give me your thoughts?? One is a pink sheet and one is QB.
It appears that
1. CAVR is very undervalued OR
2. These companies are very overvalued
OR
3. Looking at the market cap on OTC stocks is pointless and some companies will have extremely overvalued market caps because of hype/locked floats
Company A
Company B
Yep saw the 2019 annual report. That was prior to the Sinacori Builders acquisition, nothing too juicy in there and not really worth the PR imo. The Q1 2020 showing $1.5 million in revenue and net income of $1.08 million in just 6 weeks is much more impressive and worthy of PR
Per OTCMarkets the status is Pink Current
Audited financials will come when they come. Don’t think it’s preventing existing holders from buying more. Anyone that didn’t believe in Bob and Russ would’ve sold by now
New/potential investors doing research into CAVR be sure to check out this multi-month long DD thread, updated frequently with company developments
$CAVR Fast forward from 11/26/19 to 1/20/20...for any who just thought this was another “app” company (part of the puzzle but obviously, much, much more) Sinacori Builders +30 million rev over the past 3 years w/ consisistent 20% profit margin y/y...👀https://t.co/CuJWltoDVO pic.twitter.com/UyJCBoNdIu
— phoenixvt (@kpsplantation) January 26, 2020
Refusing a reverse split is negative? First time I’ve seen that
Great point. There are dozens if not hundreds of companies listed on AMEX/NASDAQ/NYSE that aren’t even profitable
Thank you for attending our CAVR Q1 FY20 call yesterday. Most importantly, "Thank you for being part of our story." For those that missed our call, here is the recording. https://t.co/T9p5tReiFT
— Bob Silver (@BobSilverCAVR) May 22, 2020
They should be uploading it soon don’t worry
How many pink sheets out there host earnings calls and announce quarterly revenues and net income >$1 million
Just finished— looks like a bunch missed it. Was recorded and should be uploaded like the last one was.
$1.5 million in revenue w/ $1.08 million net income for the Q
The $2.8 million contract slated to close in next 2 weeks is directly owned by Sinacori Builders with a cost basis of $1.8 million, so that deal nets the company a $1 million profit
https://www.sinacoribuilders.com/portfolio/providence-villas/
Another project under construction - Providence Villas - 5 homes ~$600,000 each , they have an LOI to sell 1 unit already. CEO will post pictures on his twitter @BobSilverCAVR
They have been in talks with Ryan Homes and although nothing has been officially announced, it sounds like a future partnership with them/ other national builders surrounding the company’s “Growing Together” brand is likely.
They have been working on the Grow unit that is to be fitted in every “Growing Together” home. Sinacori mentioned intellectual property, sounds like they are wanting to obtain patent(s) related to the Grow unit.
Join Zoom Meeting
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Already 3+ million slapped out in the 5s. Somebody is selling 4500 shares into 4
OTCX being called in to assist
Wrong board buddy
Anyone watching L2 this afternoon will have seen the epic display of desperation from the MMs.
I believe they have quadrupled/quintupled/sextupled down and are in over their heads with an 8, potentially 9 figure position, with no possible way of fully covering it without spiking the stock up exponentially.
imo, they have been lucky thus far due to a combination of untimely retail sellers and CAVR’s lack of volume and bid support. They’ve been able to suppress the price below $0.01 for 2+ months, but volume was low during that time, and I don’t think they’ve covered much (if any) of their position, barely managing to stay afloat. Time will tell, and unfortunately the only way to confirm this hypothesis is for CAVR to get substantial $ volume with a positive buy:sell ratio.
If they do what the big boards do, results usually post at the closing bell, followed by earnings call
4s destroyed
MMs stepping in to defend the $0.01 break, see the algo flickering on and off with 126,100 shares
$CAVR
How many pink sheet companies do you know host shareholder calls announcing millions in quarterly revenue?
https://www.globenewswire.com/news-release/2020/05/20/2036469/0/en/Cavu-Resources-Announces-Q1-2020-Earnings-Conference-Call.html Call is tomorrow 4:30pm EST
$CAVR
How many pink sheet companies do you know host shareholder calls announcing millions in quarterly revenue?
https://www.globenewswire.com/news-release/2020/05/20/2036469/0/en/Cavu-Resources-Announces-Q1-2020-Earnings-Conference-Call.html Call is tomorrow 4:30pm EST
$CAVR
How many pink sheet companies do you know host shareholder calls announcing millions in quarterly revenue?
https://www.globenewswire.com/news-release/2020/05/20/2036469/0/en/Cavu-Resources-Announces-Q1-2020-Earnings-Conference-Call.html
Call is tomorrow 4:30pm EST
$CAVR
How many pink sheet companies do you know host shareholder calls announcing millions in quarterly revenue?
https://www.globenewswire.com/news-release/2020/05/20/2036469/0/en/Cavu-Resources-Announces-Q1-2020-Earnings-Conference-Call.html
Call is tomorrow 4:30pm EST
Makes sense to me, but still plenty of time left in the year. Additional opportunities/deals/contracts/revenue producing projects may come out of left field.
Remember, they added Tim Samuels, a Ryan Homes executive, to the board.
Have yet to hear anything come from that addition, but I doubt they would bring him on board unless he brought value to the table. Door-opener perhaps?
Sneak peak...
Just dug through all CAVR quarterly reports since inception
Q1 2011 - $851,492 - So it’s higher than this
Bring on the volume and we should see a nice squeeze
“As with anything in life, with hard work and determination, anything is possible. Join us on our call to celebrate as we set a CAVR quarterly record for both Gross Profit and Net Income.” Cavu Resources CEO Bob Silver.
The sellers stacking the ask between $0.0098 and $0.01 should take this guy’s advice
The key to wealth creation is holding winners. It’s hard for investors that look for 52 wk lows to hold for 52wk highs. Winners make 52 wk highs. Trim them back but don’t sell out. Give the business and stock the chance to exceed your expectations. To do that you need to own them
— Ian Cassel (@iancassel) May 20, 2020
What studies/indicators do you use when viewing the chart? I will copy them and make a chart to share here
Divide that by 100 and that is the actual ask size.
Feel free to call and complain to E*Trade. Their software has been buggy for 2+ weeks, showing bid and ask sizes 100x higher than actual.
Would recommend opening a TDA account for accurate bid/ask/L2 until E*Trade fixes their bugs
CAVR is starting to move up. This is still in the bud stage of the next leg up. Still under a penny but I don't think for long. Next leg up should take her above $0.03 based on previous moves.
Highlights—
-Acquired Sinacori Builders ($30+ million in revenue past 3 years) which immediately made the company cash flow positive and enabled a share buyback
https://www.sinacoribuilders.com
https://www.globenewswire.com/news-release/2020/02/12/1983933/0/en/CAVU-Sinacori-Acquisition-Successfully-Closed-Ahead-of-Schedule-Providing-Guidance-on-2020-Revenues-and-Earnings-on-Upcoming-Conference-Call.html
-Completed an all-cash share buyback—bought back all preferred A and B shares as well as old CEO’s common shares, equivalent to 184 million common
https://www.globenewswire.com/news-release/2020/03/11/1998933/0/en/CAVU-Resources-Announces-Major-Share-Buyback.html
-Ryan Homes (NYSE: NVR) executive Tim Samuels joined the board
https://www.globenewswire.com/news-release/2020/03/19/2003483/0/en/NATIONAL-HOMEBUILDER-EXECUTIVE-JOINS-CAVU-BOARD.html
-Secured a $5.8 million contract with Toll Brothers, a multi-billion dollar company (NYSE: TOL)
-Closing on a $2+ million dollar deal in 2 weeks on May 30th 2020
https://www.globenewswire.com/news-release/2020/05/08/2030530/0/en/CAVU-Resources-Inc-Overcomes-COVID-19-Challenges-and-Secures-a-5-8-Million-Dollar-Contract-With-National-Builder-To-Close-in-FY2020.html
-Weeks away from launching a gamified, social chat app that enables people to meet and make new friends while in quarantine. Upon launch of the app, marketing push will include ability to reach almost 100 million people using multiple artists and influencers. Access to these artists and influencers is possible because the company’s Director of Entertainment (https://cavuresource.com/management/) is a producer at Eardrummer Records and has produced multiple top hits in last year alone
-Successfully re-zoned a lot in uptown Charlotte and has plans for a 37-story “Skygarden” tower with 362 apartments. Project of this size should easily be 9 figures
https://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article233074922.html
https://www.wsoctv.com/news/local/city-approves-uptown-tower-ballantyne-hospital-other-projects/NOSPIYSQOBESHCE7EBUZQ5KSVQ/
(Not sure why snoof’s post was removed)
Not sure if it’s just a myth about preventing shorting, but only takes a second and definitely does not hurt!
ALL shareholders should have their shares locked in for sale at a ridiculously high price ($1.00+) with a GTC (good until cancelled) order.
I have told everyone I know to do the same.
Yes, it really does feel that way.
Selling has slowed down considerably. The seller hellbent on dumping millions at $0.0070 appears to be out of shares. Some nice bids in the $0.0080s today with 10k each at $0.0090 and $0.0091, no bid whacks came.
“You can a lead a horse to water, but you can’t make him drink”
Nice analysis, sounds good
From the looks of it, not many shares under $0.01. Will be tough for anyone wanting to build a substantial position (couple million shares) under $0.01