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Strange. Why would he want to pump this stock? It's already got strong fundamental revenue growth backing it, they are profitable and are cashflow positive as of last quarter.
The next ER is coming in a few weeks. And they plan to complete audits for OTCQB listing by Nov 30th - that alone indicates their confidence in their business.
If the revenue and profit growth trajectory keeps up this way, this could reach 1B+ valuation within the next year .. this could be the next ALPP.
Listen to this person. Need patience with SWA contract. If you built a custom home, you'd know how painful the permit-dance is. And that's just for under a million dollar SFR.
SWA has taken up a United Nations funded 5 billion contract to build a total of 100k homes in multiple smart villages (that's where TPTs 5G expertise comes in) across different parts of Ghana. They're not frying an egg.
Construction takes quite a bit of time here in US where things are setup to be predictable and fairly smooth. In with this contract you're talking Ghana where SWA may need to do some extra stuff to keep the bureaucrats well-fed and happy.
Have patience and give em time to perform..
LOL you're clueless about how RM works. Read up on it and you might make some real money.
he just a parrot imo :)
That's correct. People panic sold only cuz he was promoting this stock, although he has zero connection to the company besides being a shareholder.
I bought at 0.12 and 0.14 after I saw that was the reason for the dump. Don't get such dips everyday. And their ER is due mid to late Nov.
Looking at the quarterly results, in the last quarter their revenue and profit grew 10-fold, and that's the reason for me to buy.
https://www.otcmarkets.com/stock/BZWR/financials
It's as if their business suddenly took off. Based on their recent efforts to become fully reporting and uplist to QB, it looks like the growth continues to happen. JHMO.
Did anyone else load this dip big time?
I took advantage of the panic selling - people behaved as if the CEO of BZWR got arrested LOL.
It's true I heard of BZWR from Alex. But I bought it not because he pumped it, but because of what I saw in the quarterly financials:
https://www.otcmarkets.com/stock/bzwr/financials
Didnt Lovat tweet "NO DILUTION" recently? But look what happened LOL.
https://twitter.com/stokmonkey/status/1451723818775367690
Buckle up folks. Massive RS coming.
This week will see two interesting releases that I hope will show value. First we are releasing our YTD numbers and second an interesting announcement about shares. I cannot say more until the releases are approved and out there.
— David Lovatt (@lovattCEO) October 24, 2021
There's still room for another 12b more shares to be issued before they raise A/S.
After that, a huge RS will fix the SP somewhat though the stock will lose 50-70% overnight. The good news for the longtime baggies is they wont really feel it - 95% down vs 96% down isn't all that much different LOL.
Once RS done, start over. It's a great rinse-repeat cycle for selling worthless shares for real money. I need to start an OTC - i'm pretty good at taking soda can pics, and with Adobe, I can do a better job than those master pumpers armenta and lovat.
Buyback?! LOL. This stock only goes one way.
Endless dilution ... and here's the latest scoop https://twitter.com/stokmonkey/status/1451723818775367690
Why do you think the CEO's hold ZERO common shares. They have no incentive to increase value of the common shares as they don't hold any. And every time they dilute, they're effectively reaching into your wallets. GL "investing" in this
Unfortunately with this negative sentiment and FUD and the unhelpful dumping by Arctus, this will likely hit 1 cent or below by late next week. I'll triple-down on it at that time.
Yes they convert to common but not today. It is upon NASDAQ uplist or after 18 months. That's enough runway for the SWA deal to start paying out significantly in the ERs.
Just the first tiny sliver of payment from SWA alone can send this to dollar-land because it proves beyond any doubt that the deal is real and all this FUD is put to rest. If that happens by Dec, they are in a position to do no RS or a small TSNP/HMBL like RS to get it to 4+ .. but I suspect they can qualify based on alternative requirements ($2+).
Once uplisted, they have access to big tute investors who will value it for the pipeline and performance. They talk with money and FUD spreading OTC scammers will have to go fish some other pond :)
Preferred shares as many people said repeatedly LOL. There's a difference. I suppose you don't ski very well cuz all the concussion damage from all the falls making it hard for you to comprehend simple facts.
That first SWA payment is closer than people realize.
They issuing preferred shares convertible after 18 months.
See BYOC, they did a similar 1M + 1M series C preferred share sale back in April with two different investors at 0.01 when they were trading at 0.003 and no RS done, and it looks like it will pay off for them as stock is starting to grow organically. TPT wont need to do RS either for Reg A+.
The only reason SP is this low is because market doesn't yet believe the Ghana deal is real. ( See: https://nextbillion.net/news/5-billion-smart-village-and-learning-project-in-ghana/ - this shows why SWA picked TPT ) That belief will be proven false with "money changing hands" that Frank referred to followed by a PR from SWA that project has started. This is a big construction project, they are not frying an egg. It takes time to work out the details. That's what I think ST3 was alluding to during EGC conference. Once news drops, all this speculation and FUD will be blown out of the water.
As for timeline, there is good chance this news will drop before Dec and the stock price will fix itself overnight. (Hence ST3's timeline guesstimate for end of year or Q1 next year for NASDAQ listing) And if at all they need to do RS to get to 4+ (or 2+ if alternative requirements work), it will likely be a small one like TSNP/HMBL, which as you say is not a bad RS. Once listed, big institutional investor money can flow into the stock if company is performing well.
The preferred shares sold now in Reg A+ wont even come into play till mid 2023. And when it does convert, it will depend on TPT stock price in 2023. If TPT executes very well by mid 2023 (let's dream a bit and say Ghana and India JVs pan out to full potential) is at $25, then the conversion would 1 preferred share to be 5 / (80% of 25) = 0.25 common share effectively giving them 20% spot profit minimum at long-term capital gain (18 months+) tax rates. In addition they get 6% cumulative dividends. This is what big investors look for.
Hope this helps..
SWA LLC for specific projects - normal thing
There was a question about SWA created in 2020. It is normal for construction companies to create a LLC for specific project, execute the project, and then dissolve the LLC. This is done for tax benefits and personal liability protection.
The principals have been in business for a long time, but created this LLC to bid on the Ghana project once they were taking bids. Now that they got the contract, they will execute on it for next 5 years, and dissolve it a year or two later.
My first property (a townhome which is now rental investment property) was built by a builder under LLC which no longer exists.
No RS needed to raise 38M via Reg A+ because those are shares are preferred shares.
BYOC did a similar thing back in April raising 2M (with two different investors 1M each) by issuing series C preferred shares that can be converted to common at 0.01 (BYOC was trading at 0.003 at that time) without any RS.
See:
https://www.otcmarkets.com/filing/html?id=14846708&guid=IEZwkns94RHgB3h
and
https://www.otcmarkets.com/filing/html?id=14846396&guid=IEZwkns94RHgB3h
What mattered is their ability to convince the investors that their investment will help execute projects that will increase the value of the shares over time. These investors look for long term (2+ years) unlike the day traders here. Now it appears that BYOC efforts are paying off in 6 months time, and stock is starting to organically climb.
So it is sufficient if ST3 is able to convince prospective investors that executing on the projects in pipeline will bring huge future value.
As for uplisting, there is another possibility.
1) ST3's referenced during EDC conference discussions with SWA in Atlanta, and another call with SWA CEO just a couple of days before EDC and he was very optimistic about the contract, while urging patience.
2) Today Frank commented about "money changing hands" (see: https://twitter.com/benedetto_frank/status/1450177350948229123 ) and his refuted RS rumors (see: https://twitter.com/benedetto_frank/status/1450219868930838528 )
Putting these two together, I'm inclined to think that SWA news drop is imminent. This could put the stock into dollar+ territory overnight. There are alternative requirements that let you qualify for NASDAQ at $2. Which means no RS needed if it can get there by EOY or Q1 of next year.
As with BYOC, such investors will likely to wait 18+ months anyways to collect on long-term capital gains tax rates. That is sufficient time for the stock to cross 5+ or more organically, and the investors get their huge payout and desired tax rates. Remember, they think long-term. I hope that helps clarify things.
Construction companies don't usually have swanky offices or huge campuses like tech companies do. Most of their bread-winning work happens at the construction site, and their office is usually a box with a few small windows.
For example, look at DR Horton - one of America's biggest home builders. Their office address is:
8800 Roswell Rd Building B Suite 100, Atlanta, GA 30350
Look at their google street view. They are not exactly Empire State Building office there, is it? Just because they don't have a huge office does not mean they are scam.
No RS needed, BYOC raised 2M by issuing Preferred C shares earlier this year without needing to do any R/S. See
https://www.otcmarkets.com/filing/html?id=14846396&guid=IEZwkns94RHgB3h
It looks like they have finally been able to put that money to good use and now the stock is organically responding.
I see the same with TPT, but it is much much more deterministic than BYOC. They already have a signed subcontract with SWA. The money is not coming from Ghana but rather from United Nations so we know the money is good (UNOPS awarded this in 2018, but legal challenges to land acquisition took all this while, and now they are very close to getting the project rolling) . TPT has multiple irons in the fire besides Ghana - the two JV's in India. Even if just one of those deals starts bearing fruit, this stock will soar.
As Frank mentioned, all you need is the first whiff of the 3.5b contract money recognized in the revenue and this stock takes and you won't even get the chance to chase.
We don't have FINRA short data for last two week period after Sep 30. You can see huge sell volumes starting Oct 1st, some of it was dilution T-trades. A good portion of it though was possibly short - this is a typical pattern when stock climbs so much so fast. And there's also the likely element of people who gave up and sold for loss, or those who got out thinking it will go lower, and now want back in.
If it was just the longs and this was truly not good news, the tone on twitter would be more of despair and not such intense bashing and mocking and fake linkedin profiles FUD imho. But I could be wrong, what do i know .. i'm not a psychologist :)
But we will know tomorrow. I expect a lot of volatility and some big dips, we have to assume that FUD will work to a good extent. I'm wondering of other folks are planning dip buys as well. I'm looking to add some at 0.014 and then watch how it all plays out..
Ah .. I missed this article. So they don't really need to be $5 to raise Reg A+ (and I like the fact that they are raising $35M and not the full $50M SEC qualified them for - this shows they are giving away just as much of the company as really needed i.e. 7M preferred shares @ $5)
The Preferred D shares will only convert in a meaningful way upon NASDAQ listing. So by that time, the SP should be 4+ anyways, and more likely well above that number for the investors to buy in.
Let's wait and see.. _IF_ they successfully close this Reg A+ , it is a clear signal that some serious tute horsepower believes in the company and its future potential, and the SP will grow organically.
Imho there's a lot to be optimistic about. I just cant help shake the feeling this stock is the next AALP ... very similar holding setup, tracking increasing revenue growth already in the books, huge catalysts from SkyBridge, UM Power JV, and Alpha Design.
Am I missing something?
That LinkedIn profile is FUD by shorty.
Shorts know very bad things are going to happen to them on Monday, so they created this profile with that has no activity and 10 connections (was 4 an hour ago) .. that's a lot of connections being added very fast for a Saturday morning don't you think?
If you want to see what an actual realtor linkedin profile looks like, in LinkedIn search "Realtor Michigan" and browse profiles of people and see activity. You'll see 100s of connections, home pic postings and such..
Shorty needs to try harder. Bad things are still gonna happen to them, but at-least they can say they tried and gave it their best shot to cover low!!
Maybe someone who has time should create a new LinkedIn profile with Henniges Larry and create another few by the names Warren Buffet, GM and Toyota CEOs and connect them to our Larry and set the office address we have on IFAN updates. Fight FUD with anti-FUD LOL?!
Check out the various hurdles a Chinese company (AVIC) will have to face going to IPO or direct NASDAQ SPAC. There's good reason why Guibin Zhao took this route. If he wanted to do NASDAQ he'd have done it with Nexteer instead of going the merger route the first time around. Not only is it cheaper than IPO route, lot less regulatory hurdles.
It's called getting rid of the "Note babies". If you look at SSM filings, they increased OS from 790m to 913m to get rid of the note holders. This is needed to make the shell squeaky clean.
Now that they filed court motion after market hours Friday to discharge custodianship and transfer the shell to new owner, we know that the "dilution" is over and the official unveiling of merger company is on tap.
So we just sit back and relax, and see who the new owner is! If it is that 100m revenue construction company folks are speculating, the SP should shoot up at-least 4x (imho not likely because 1) they can't afford to buy this shell. 2) even if they could, it's not the way construction companies operate. They use banks. Construction loans is a very well oiled process and a steady predictable source of financing via banks).
If on the other hand, if it is Henniges, then IFAN is penny stock no more! (imho this is likely because this is how Guibin Zhao will likely do it, just the way he did with Nexteer)
Either way, there is a big upside. The question is: how big?
So even if this were true and it's a 100m revenue commercial construction company, do we have a minimum 4x upside from current levels? Or am I whistling dixie? (IMHO it is Henniges)
This is just shorts spreading FUD to cover low. It likely getting IFAN cost the custodian millions to just to buy up enough shares and then add the cost of months of legal work, court filings etc and all the time they spent on it.
But the shorts want you to think they sold it to some 15% commission general contractor named Larry who supposedly went to great lengths to register a new website when he already has one.
These shorts also probably hired "Joe the plumber" to fix their toilet, that's why they are swimming in their own "bowel evacuations" :)
So let's use some logic: Any company that could afford this shell likely paid millions for it. It is possible they are worth hundreds of millions if not more. Or else it's not worth it for them and cannot afford it. It's also not worth it for custodian if their very first shell be a bad deal. Their reputation is at stake.
Even if it is not Henniges, it will be someone big. (FWIW: IMHO, I think it IS VERY LIKELY Henniges based on references to Lawrence J Williams .. remember Bill Gates legal names is William Henry Gates III. So I won't read too much into the name not being exact match)
So just relax and let it play out. If you are not comfortable and this is too much risk for you, then sell. I'm waiting to average up some more at 0.02 :)
The contract is real. ST3 did make it quite clear in the presentation that SWA owns the communication about this contract and sub-contract with TPTW.
He also stated that we are dealing with a country in Africa, and things don't exactly move like they do in the US. If you ask me, he seemed to have a bit of a low opinion about how they do business in Africa. That aside, there are likely legitimate reasons why things don't move as fast.
Ghana got this USD 5B money from United Nations (UNOPS) 3 years ago. See: https://www.unops.org/news-and-stories/news/landmark-affordable-housing-initiative-for-ghana-launched-on-the-sidelines-of-the-un-general-assembly
In Ghana, land acquisition itself is a challenge (probably due to litigations) which is likely why it took them 3 years to just get to the point where land is ready to be built on, and they could award the contract. Ghana housing minister Madam Prempeh said as much in 2018. See: https://www.modernghana.com/news/885523/ghana-secures-5-billion-to-fund-100000-houses.html
We just need to have patience with this stock. Once work begins and revenue starts pouring in, they will be swimming in cash and be over the moon. This could be a retirement stock.
Larry J Williams the 2nd .. FWIW I think this is LJW we think it is.
William Henry Gates III has always commonly called himself as Bill Gates.
Larry Williams seems to be an outstanding CEO!!
https://www.hennigesautomotive.com/2019/04/19/larry-williams-has-been-named-ceo-of-henniges-automotive/
And a lot of you amazing folks here have your DD spot on and already got your finger on the button.
So apologies if it's already been shared, but if Zhao Guibin is involved, which is likely given his connection to Larry Williams, then it is VERY good news. Cuz this is not his first barbecue! See: https://www.bclplaw.com/en-US/news-events/blp-advises-on-first-ever-european-commission-clearance-of-a-china-to-china-deal.html
Y'all have already figured out the revenue, so y'all know what the valuation is gonna be. Accumulate.
Thankyou Steve1978 and MightyX for cleaning up the post. I really appreciate your effort and support in making me feel welcome after my rough landing :)
Hola amigos! My first post on this site!