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Glad Bob clearly stated he is aware it doesn’t work for most companies if they do such a thing since it only erodes further value. Only way he and Board would do such as thing is if it led to increased shareholder value in future (probably to go to big boards). Dsgt
He mentioned one additional container for Canada and two for US.
Agree lots of positive takeaways here including repeated statements by CEO that he wants to increase shareholder value that’s the bottom line. His vision seems larger than current state or even what’s in store in next 12 months. Dsgt
Two notes not currently converting they are working to pay them off if possible. Dsgt
Yes
Around 100k or so for each of two left. Dsgt
Nothing negative about bankers meeting! Hint hint dsgt
Yes and pay it off! Dsgt
Cash flow positive is amazing! Dsgt!
This is huge!
Good to know from tweet earlier that CEO has vested 2.5M in turn around of his company and now we are over 12M in toxic notes converted. company did release recent PR about production issues first half of year which are known and already resolved with new sales delivery occurring at rapid pace now that we are in q3. Good info to keep in mind going into cc. Dsgt
Good morn folks, like everyone else looking forward to cc later today. Great questions by various folks here and we will be looking for phase 1 details in cc. More imp as an investor i am looking for recent business updates as well as the plan/path forward on how the CEO will be making the company successful going forward. Let’s leave out the speculations and wait for company to provide the details shortly. Dsgt
Good Evening Ms Lindy, yes no more speculations please let’s all wait for details to be revealed from company. Thanks and have a good evening! Dsgt
Not sure if you don’t do your own DD or follow any PR from company. It’s risky to go based on opinions of folks who post on board including myself.
If you read previous PR from company they clearly stated all but two notes were cleared from books. And cc would provide additional details as promised there will be one tomorrow. Company never stated when those two notes would clear or if they have cleared or will ever clear. Hence cc will provide further details.
Rest of your assumptions are based purely on speculation and nothing more or less.
Dsgt
We have less than 24 hours to wait before everyone get all their details and questions answered. No need to go all caps and shout in a board room for more speculations. Dsgt
Step 1 clear toxic notes from books
Step 2 sign long term traditional capital non dilutive
Step 3 revenues/sales/product growth
Step 4 build partnerships and acquisitions
Seems as we go into step 2, 3 and 4 which we already know is in progress from various PRs we should see positive movement in pps. Look for Bob and Team to add further details.
Dsgt
Agree with you Sid, nobody wants to be in this situation including anyone from company. We can all understand the frustrations of going thru restructuring and pains involved. Now that we are nearing a turning point I expect Bob and Team to provide a detailed update to phase 1 and possibly phase 2 new capital as well as well as next steps forward for company tomorrow. We need to hear which I believe we will on what steps Bob and Team are taking to make this company successful going forward in near future. Glta dsgt
Looking forward to also hearing about IB meetings and potential new capital signing as well. So far everything is timely in nature as expected for a company that wants to go to future big boards. Dsgt
Perfect on time Bob and Team! Dsgt
Filing is done and on time so next let’s get PR on when the cc will be. Expect Bob and Team to get shareholders details need for phase 1 and 2 (capital) here shortly. Once we get that our focus shifts back to our new clients sales and revenue along with partnerships and acquisitions in mix. Dsgt
No need to tear each other down folks. All feedback and concerns and DD is appreciated here. Thanks
Well the upcoming cc will provide details that we need in order to confirm regarding last two notes. Until then it’s just speculation. There are many possibilities: either notes already converted, will convert going forward, won’t convert till a later time when they have profitable revenue next year , or are settled in another manner. Expect bob and Team to address that in cc.
Correct imp to keep in mind quarterly report is for month ending in June. We already had updates with regards to phase 1 ending at end of July as well as August updates. Q3 report will reflect this. Two notes remained at beginning of August and cc should provide us better details on phase 1 and 2. Dsgt
Agree imo expect some updates soon from IB meetings this week as part of upcoming cc along with phase 1 details. Dsgt
That was not primary focus for q2 as we knew from previous PR from company. Focus is on phase 1 and 2 restructuring details and completion and we know we have target of over 3M in profitable revenue second half 2018 and first half of 2019 as stated by Bob. Dsgt
Good question to ask CEO maybe the restructuring that began last year Nov and has been ongoing this year has something to do with it. I would not expect it to be due to laziness. Dsgt
As long as Bob files an extension and we get updates next week confirming long term capital (with meetings this week) along with details on phase 1 with filing stating last two remaining notes are cleared (plus over 11.8M in other toxic notes cleared from books) or won’t be converting till next year (which could be paid off with pending revenue) then wait is justified. Confirming both phase 1 and 2 success will be worth the wait for few extra days. Dsgt
Good morning folks, while we wait for the next updates including filing and cc the charts are as follows:
RSI 44
August vol accum up
SMA 50 is .0013
SMA 100 is .0026
Breaking .0013 wall should be next as we get filing and cc in coming days.
Dsgt
Would love to see dsgt create a new audit compliance committee as they hire their new COO and operations manager and staff. Time for them to take accountability and make strides for future big boards. Dsgt
Interesting as Bob and team are aggressively pursuing a COO and operations manager with sales team. Dsgt
Folks forget nearly 12M toxic notes are already cleared from books and what was left at time of beginning of August as stated in PR by Bob was 2 notes which either has already converted or wont be doing so until next year (based on few 2019 notes listed prior). Either way with all new clients/revenues and sales plus expansion and multi market growth in play in second half 2018 and into 2019 these will be very minute in nature. No worries here run up is coming either way as details are disclosed by Bob and team. Dsgt
Just to add to your post we have had two updates already this month and would expect more to come with details from NYC bankers meeting, filing and cc still to come. Lot more info still pending and patience is key! Like the Strong accumulation this month. Dsgt
Don’t forget agricultural market. Multi revenue streams with different markets is what company is focused on going forward. Dsgt
Imo cc is setting up to be a milestone event:
-phase 1 details including toxic notes cleared from books: 12M+ by now
-long term traditional financing secured confirmation for multi year non dilutive
-details on new clients that will drive over 3M in profitable revenue to start with more sales $ incoming with agricultural market.
-details on worldwide growth and expansion including new clients across different countries
-detail on new distributors joining
-detail on new COO joining
-detail on new Operations Manager and sales team joining
-Partnership and Acquisitions details: Australia market, PHX distributor, smart golf tech, agriculture market.
Great update and news on horizon here soon! Too many catalysts in near term. Ready for rise! Dsgt
Morn folks, looking forward to some updates from Bob and team soon. Dsgt
Almost 17M in buy during last hour of trading folks ccumulating here. Major catalyst lined up here so it only makes sense. Dsgt
When they state “golf” that refers to dsgt. Rest of hints are specific to their other clients they are working with. Dsgt
Yup Bob and Team have already stated in recent PR that they have reviewed acquiring “smart” technology for golf including intellectual property that would diversify their already current portfolio of products in market. They also stated that without toxic debt elimination and restructuring they wouldn’t have this be possible. Now that phase 1 is done and capital to be secured here soon steps are clearly aligning for acquisitions and higher sales and revenue. Dsgt
Thanks for sharing, looking forward to confirmed new capital soon for new sales and acquisitions as stated to come ahead! Dsgt