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Look, 52 week low is .0018. Let's say Iconic converted ALL their shares at that price which is highly unlikely but for worst case scenario we will use that number. $150,000 divided by .0018 is 83 million shares. That is the worst case. We are just about done.
Hopefully done today.
Nice. Great time to load.
My calculations say we should be valued at .15 right now using a 10 p/e and that's with 102M shares and a conservative $1.5M net profits for the year.
That's how it looks to me too. Twins are not moving which makes me think sellers want to be done asap.
Picked up a boatload today at .018. Once dilution is done, these prices will be history. Figure out the market cap and compare with revenues and profits to see what a bargain these prices are, even without growth. But since we know they're growing, these prices are a gift.
Added another 100k to my pile today. It's just a matter of time.
Don't forget that Equitas can sell shares above .01.
It's just clueless "sell the news" people and they're just small fries. Look at the volume. Means nothing in the big scheme of things. We just closed above .01 for the first time last week. Still making higher highs and higher lows. The company is growing and going current. What more could you ask for? We will uplist soon. I'm hoping to bring profits from another momo play here soon.
The profit margin on that subsidiary is ridiculous because profit margins on software in general tend to be extremely high.
Based on emails with CEO, I expect to be hearing more about IoSoft in February. Today's news was just the first news of the year.
Market cap ~$2M, almost half of 2016 revenues of $3.8M (with net profits) and growing this year. Cant be any clearer than that.
Yep, so easy to see. $400k added to already profitable company. $400k may not sound like much, but that is just one subsidiary and the first revenues of the year. It's only January. This is an easy hold for me. Complete no brainer.
Either people haven't seen the news yet, or there were some badly timed sales by traders yesterday and people are trying to figure out what to do now. LOL
RJDG new out! Another $400k revenues added to already profitable company. OS 176M, float 47M. See EO projects $5M profits in 2017. It's only January
Fantastic news! Another $400k in revenues just added, and it's only January!
It would be interesting to see if it's just a retail player putting up a loading wall. VNDM doesn't usually show his hand like that except maybe at the end of a note to signal that it's all that's left. Someone has been using VNDM for many weeks trying to keep the price down (probably trying to load before takeoff) but usually moves with a 10k slap,
This company doesn't release fluff news. When they issue updates, it's usually substantiative. We are due though. As the cliché goes, Rome wasn't built in a day. A little patience will pay off bigly here.
Golden cross just occurred today indicating strong momentum.
4.25% of os was ~7M shares. That's nothing, and I love that they can't sell below .01 since we need to stay over .01 for the uplisting that's coming. We should not only stay over .01, we should continue the uptrend we've been on until we reach fair valuation. Then once we get further news, it's blue sky territory.
Sounds reasonable. However, $113,000-$66,888=$46,113 so we're even closer than you think.
Should be a great week. Hope the golden cross corresponds with some news. We know news is coming, just don't know when.
RJDG gearing up for a massive run with 2 pending acquisitions, 176M os, 37M float, and already profitable. Golden cross next week too.
If the company were to announce $1.4M in conventional financing for expansion, people would be all over this. What GIGL has is even better because it doesn't have to be repaid. It's as if $1.4M free money just got infused into the company.
It doesn't get much better than that. We haven't even gotten news yet. The slow stair step climb is just stock price correcting.
I forgot to mention volume which is just starting to pick up. Float is only 37M and several million are already locked up by people who have been accumulating early. There aren't that many shares to go around so people getting in now before the masses show up are the lucky ones. Today's volume indicates more people are beginning to discover RJDG so I wouldn't wait too long to grab as many as I can before it really takes off.
Was stuck in meetings all day but looks like we had a solid day here. So glad I was able to pick up cheapies this week. I think .02s will be history next week. Stoked about this company.
A couple of bullish signals:
1. Closed above first resistance which was .0125. Next resistance .016, then 52 week high of .0174. After that, its blue skies in unchartered territory. We should keep seeing new 52 week highs all year as the company continues its growth and expansion plan.
2. 50 sma kissed 200 sma means golden cross should occur next week.
Was stuck in meetings all day but watched when I could. What a day!
Nice DD. Bet some won't even click on links when DD is being spoon fed to them.
Golden cross any day. 5 bags from this level takes us to a nickel which is where we should be anyway. I think we will hear more about contracts in Feb also.
I never heard of it but especially for a company down here.
When VNDM showed his hand, I placed my bet that he was letting everyone know he was at the end with just over 300k shares left. Seemed a good place to buy.
Thank you. Very happy to be here. I'm not a subscriber so I won't be able to post much since I'm limited in number of posts per day.
I agree with you. What I also noticed while watching is that there are very few flippers here. When you have a low float stock with smart traders who actually know what they're holding and a company positioned for huge growth, you have a fueling rocket ship. Don't find many of these so when you do, better buckle up for the ride of your life.
The more I dug, the more I dug it. LOL. This is really my type of play - buy and hold for big gains. I don't post on boards of stocks I'm flipping. That's why I didn't post before. I'm in for the long-haul this time. I like what I see.
I'm in. I actually bought some and flipped on the first run before I did any DD. I've been waiting for note to finish for re entry. I'm a long this time. Great DD on the board.
Can't respond to PM, sorry. Terms were changed.