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It's not Matt, as he just stated on twitter... 200,000,000 million shares, while a lot, isn't a ton of money down here in the trips... any whale could pony up $20,000 - $60,000 to purchase those shares and could have gotten tired of waiting or had a "better" play to move on to... need to be emotionless down here in the trips, or you will (a) drive yourself crazy and (b) sell earlier than you should.
Relax bud, it seems depending on the day you're either cheering or negative... all in due time, any shares you get at these levels will be much higher in a month, just depends how much higher (I think quite a bit)
Doesn't mean it's from Matt.. could be a buyer who doesn't want to wait and therefore dumped all they had... I wouldn't jump straight to crucifying Matt over this until we know more... he has been extremely transparent with shareholders and has updated us all promptly along the way so far... I think he's gained enough trust that we shouldn't automatically assume he's doing something shady or not in the best interest of shareholders.
That's what I'm saying, they are not diluting shares... they are doing the opposite by lowering both the a/s and the o/s...
If the o/s hasn't increased, then it's not dilution, and having the TA ungagged makes me believe Dwyer isn't trying to pull one over on investors... maybe people are waiting on tangible proof, and not just what the company "plans" to do... I believe once this company gets going it won't slow down for a long long time, especially with buyback/retirement of shares
And that is because...?
If he's trying to dump shares why does he keep reducing the o/s and a/s and is about to do a massive share buyback... explain that to me please !
I'm starting to think Tenkay is right about this company... it pains me to say, but I'm starting to feel like we are being lead along blindly to an unfortunate doom (r/s)... no matter how "amazing" a CEO is, we have to be able to understand what's blatantly in front of us and what's in front of us is not much at all... pump posts, empty promises, no verifiable revenue or projects... it's sad that I think those that put there trust in Cellucci are about to be taken for all they've got in the company... this share structure is disgusting, the continual debt is deceptive, and the past history of the company seems to be coming back again... it hoping this can get back to the mid 3's so I can move onto something without the toxic debt and empty promises
I'm wondering the same thing, he could literally get this under a billion shares right now lol..
Hopefully we get some news on the second sub this week... I think we will go into the new year knowing a lot more specificities about each subsidiary
Should be a great week and rest of month for Viva ! Let's hope the Times Square Advertisement is Viva specific and that we get more news... seems like JF has some news in the pipeline he's getting ready to drop... you don't receive a $5 million LINE OF CREDIT from a venture capitalist for no reason; I think he has a plan and will utilize this funding in a great way ! I'll be back tomorrow with my next one post a day, until then let's see some major gains today.
Could be up to FIVE states ! And investing in a growth operation in Florida.. this could be the biggest MJ runner yet !
Look at the post I made a little while ago... should answer your question a little.
I understand much of the arguing has been on the terms of the LINE OF CREDIT, but what people should also realize is that Ignition Partners is not the typical "toxic lenders" that some here want you to believe...
Ignition Partners is a Venture Capital Firm which invests in early stage business to business companies... this makes me think that they are interested in the actual middleware that Viva utilizes.. if you go on their website ( https://www.ignitionpartners.com/ ) and look through their current and prior investments its astounding who they invest in.. almost all are software, apps, business inputs, and the like... Viva fits in with these companies with their middleware... furthermore if you look at the prior investments, you'll quickly realize that a majority are either currently on the NASDAQ or have been acquired by the likes of Facebook, Microsoft, Citrix, IBM, CenturyLink among other global powerhouses...
By their nature, Venture Capital firms invest for massive growth... they are not loaning out money for a 33% gain, and the fact that some are saying that they will immediately liquidate the shares they receive for that 33% gain are insane... Furthermore, Venture Capital Firms not only invest, but also aid in the growth of their investments... I think the fact that we have a venture capital firm with amazing connections on board to help, is even better than the LINE OF CREDIT itself... Ignition Partners makes it clear on their website that they are there to help their clients beyond money, and their connections could be big for Viva.
This will gain much much more than 1000% if everything comes to fruition... this could be mega huge
You do realize all venture capitalist firms get favorable terms on their investments when they held fund start ups... getting them on the Viva team is amazing for the outlook of everyone... to try and spin this negative is ridiculous, and I'm surprised you're even trying too... thought you knew business, and obviously you don't if your stance on this is bad...
This could be a massive undertaking, and we are all in at the absolute ground floor... this could be the biggest marijuana stock to come out of the pinks, especially once this share structure gets under control
Could be for both !
Imagine all the possibilities they can use this $5 mil for... that's a s***load of money...
I believe this as well, makes sense... would need funding for a large marketing/advertising campaign... I'd say $5 mil is more than enough haha
Seeing a lot of differing viewpoints on this recent 8K... some saying it's horrible, some saying it's great... my understanding is that Viva gets $5 million to use how they want (marketing, ads, channels, etc) and the capital investor gets discounted shares... typically capital investors do get some type of discount on shares I believe, so I don't see how this is bad at all... obviously the capital investors believe in Viva enough to supply $5 mil, and these terms are nothing like toxic debt so don't believe that spin from the usual suspects on this board... in the end I think we can all agree it's great that Viva knows what an 8K is haha since we weren't sure and I believe this is great for Viva and it's shareholders!
Just wondering what happened to the other independent directors... Conway, Ashley and such... need to figure this out
I thought Viva had a lot more independent directors than the ones mentioned, or am I mistaken...?
Perfect, I'm the same way... people tend to overreact to honesty, calling it bashing... investors here seem to have a little problem with being realistic and believing everything from a twitter feed instead of common sense and actual proof
These Oi2 IPO problems... wrong numbers, not calling back / giving names... seems like people are having a hard time connecting to the brokers and reserving shares
This ipo business needs to be cleared up... why can't anything with Viva be simple without some problem... it's getting ridiculous that everything either gets pushed back or seems sketch
Lmfao that is so untrue... it's already moved once, and now the shares have been reduced even more... not sure why people post bogus opinions
JF needs to explain these things to us shareholders... we shouldn't be left in the dark.. he should also tell us what is happening with ads and movies and DVR... the list goes on and on... not a good strategy for investor confidence...
SoleLiveTv, and the license to Oi2go which we get money from... both Latino focused
Just stop arguing with him... you'll never win because he has the upper hand since the stock is performing poorly and he has all the ammo since JF has failed to come through on many occasions, almost all.. and your arguments are pretty weak since the ad blitz didn't happen...
Come on man, that's very old and claiming that's the ad is ridiculous... it's one thing to believe in the company, but to pass things of as proof when it obviously isn't is terrible... you know that isn't an ad blitz...
This didn't happen supposedly... there is proof to backup BS, as much as that pains me to say...
All depends on the share structure... he's massively reducing the shares and if that continues anything is possible... the business plan sounds like it has the potential to be astounding and make a lot of money, with also licenses, patents, bakeries, investments in mj
If there are no revenues this quarter, then there will be a lot of problems... people can only hang on with unverifiable talk and promises for so long, if there is nothing to show for all this talk then it's game over... and that's if it's already not game over depending on these notes coming due soon... let's see what this "win-win" is lol, hard to trust BVTK
JF needs to explain a lot of things...
And your guess is all that is, just a guess... which fits in with your negative views of the company... others would say "Viva is working on the quality of the connection and they'll be back"... shows that nobody knows, and we shouldn't even speculate
Lmao seems like we've attracted some riff raff, must mean something good is being grown here (pun intended)
It will stampede over .001... with the further share reduction alone this could get crazy
I hope you realize that comparison isn't good...?
I do hope the run overall though doesn't start for another few weeks... I need time to keep accumulating before doubles appear... this will be huge in 2018... I'm not going to lie, I thought about taking some out of OT*V, but then decided against it haha