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Yes with only 3 verified sales on the revie2s...
Shows how popular the book is, also the reason why it'seems taking so long for omvs/rad to get a product to a client...
99 cents on Kindle and only 3 verified reviews maybe 4 now if one of the rad army downloaded one
of course it will be cured by then...
because it was stated that the TA may be ungagged at the end of Oct. maybe..
but by then shareholders who are left will see the financials which should be out soon, albeit they will release late in my opinion...
OMVS/RAD diluting heavily here before financials...pressure..
thanks for showing what the word fiduciary meant in your words..
but here it is in real definaiion
What is a 'Fiduciary'
Essentially, a fiduciary is a person or organization that owes to another the duties of good faith and trust. The highest legal duty of one party to another, it also involves being bound ethically to act in the other's best interests. A fiduciary might be responsible for general well-being, but often it involves finances – managing the assets of another person, or of a group of people, for example. Money managers, bankers, accountants, executors, board members, and corporate officers can all be considered fiduciaries.
Board Member/Shareholder
A similar fiduciary duty can be held by corporate directors, seeing as they can be considered trustees for stockholders if on the board of a corporation, or trustees of depositors if service as director of a bank. Specific duties include:
the duty of care, which applies to the way the board makes decisions that affect the future of the business. The board has the duty to fully investigate all possible decisions and how they may impact the business; If the board is voting to elect a new CEO, for example, the decision should not be made based solely on the board's knowledge or opinion of one possible candidate; it is the board's responsibility to investigate all viable applicants to ensure the best person for the job is chosen.
the duty to act in good faith. Even after it reasonably investigates all the options before it, the board has the responsibility to choose the option it believes best serves the interests of the business and its shareholders.
the duty of loyalty. This means the board is required to put no other causes, interests or affiliations above its allegiance to the company and the company's investors. Board members must refrain from personal or professional dealings that might put their own self-interest or that of another person or business above the interest of the company.
If a member of a board of directors is found to be in breach of his fiduciary duty, he can be held liable in a court of law by the company itself or its shareholders.
OMVS/RAD so what is lacking, transparency
well time will tell and financials will be even more telling...
however I wasn't wrong as share structure and pps suggests..
because investors were deceived and now learning from their mistakes, hence the OTC way...
I am sure the investors from the .28 range are thoroughly disagreeing with you in my opinion...
yes for some it's about the run, for others it's the downward slide...
I imagine many are very wary of OMVS/RAD now and once financials come out many more will be wary...
transparency goes a long way and some found out the hard way...
I am sure Malc will not be wrong here...
Debt forgiveness comes at cost, and refinancing also comes at cost, even now as there has been none released about it in an 8k..
that means toxicity financing...
the finacials will be telling and many should read them carefully...
a few solid good pr's followed with some solid dilution which is typical of OMVS/RAD then the toxic financing that you suggest will convert in 2018 if it were to happen, well the bottom isn't in yet...
where is OMVS/RAD getting monies now, no real revenue..
no registered securities offering, no financing of any type announced...
trade shows, company business salaries, etc... how is it being funded???
Research and development.. SR book sales, only 3 verfiied on Amazon.com reviews, that looks like a bestseller...only 3...
Looks like his take on AI is taking off...
that being said, why is the company denying that conversions aren't happening and that the OS isn't being affected...
I imagine the financials will shed some light on things...
If prior notes were being paid off with cash and penalties to which some claim, where is that money coming from???
seems the question is the debt etc...how is it affecting the company..
transparency goes a long way with investors...
even if this company intended to uplist many conventional funders and financiers would look at the history of it's management and dealings..
barely any would touch this company especially with GP hanging around...
in my opinion..
OMVS/RAd should have and could have been transparent and truthful and done it's fiduciary duty by informing investors adequately, instead of using the OTC playbook as using the shareholders as an ATM...
Thanks for acknowledging that there is dilution going on...have a good night...
It's Friday night...should save it until Monday morning...
try saving the ones losing their investment..
That's the ones being mislead by the vague pr's and commitments..
The ones whose investment shrinks with each convertible thrown into market...
The ones who have yet to see a rental deployment, although sometime this month it's purported to finally deploy to it's first client...
To the incessant dilution as witnessed after this recent pr and prior pr's...
Yes some investors need saving,but I am sure it's not the vulnerable ones...
It's the misguided and mislead from tweets and hype...
Yes TA is gagged for a reason and financials will paint a clear picture of the debt and dilution that omvs/rad is building..
Investors are vulnerable not to the negative but the pump and dump that is going on...
per other posters here there is no need for filings other than 10 k, q's etc
all others are put out per twitter...
Seem that OMVS/RAD doesn't have to abide by SEC regs and file material events in an 8k..but wait they haven't had any...
but one must wait for the 10 q's to get any real info, and that is soon..
I will not be surprised by revenues being low if any at all as there is no deployments yet and if any revenue at all it's ate up completely and more in company business, which will still be severely in the red..
and how long did the video last, and the environment..
bet it wasn't long and not much of a track...
The rental robots have yet to be deployed in a real world environment and being used around obstacles and humans...much to be said of that...
let's see a deployment first...
If Romeo power is their first client as being touted on Sr's twitter account, well the pr's are and have been misleading as it was stated before the romeo power PR that they had clients...hmmmm
over 45 by my understanding...
but I was using that as a reference to some posters referring to OMVS/RADs tech...which has yet to be seen... in any type of action beyond youtube and tweets.....
OMVS/RAD has yet to deploy rental robots though..as many can see...
understanding or lack of from some is understandable...
I also understand that OMVS/RAd has yet to even deploy a rental robot and see how it works around different environments...
but only good news comes from OMVS/RAD, the negative is masked by misleading pr's and a Gagged Transfer Agent...
but one can tweet all about it...
Knightscope has been able to remedy their bugs and work them out, very telling by the amount they have deployed now, somewhere over 45 and up to a hundred by years end...
Seems like OMVS/RAD has a lot of bugs to work out as it hasn't even deployed a rental to it first client...
imagine
right on LARAZ,
OMVS/RAD just using investors for their private ATM, denying and misleading as they go..
This first crop if investors will be wiped out soon...those left holding will face the wrath of a REverse split within the first 6 months...in my opinion
again a reference I used as it was said that the company didn't do outside work..
guess what it does and it didn't fall in the water either,did it???
also the other reference is that it was deployed and that it was publically
acknowledged, something we yet to see from OMVS/RAD....
also note that it's working in conjunction with law enforcement, something yet to see with OMVS/RAD....
I can go on and on, but you know what I am getting at..
OMVS/RAd is a rental and distributor, yet is having a hard time to even deploy 2 rental robots to it's first client..
OMVS/RAD seriously in debt and it's amassing more...wait for financials
so by your statement there is a pump and dump group working here..
The CEO can be viewed as pumping per some of his tweets and innuendos..
when financials come out and the SS reviewed, and the amount of dilution then will be revealed, what will the CEO be labeled then..
who will the scapegoat be then
OMVS/RAd should have just been transparent from the beginning and maybe this would have gone another way..
investors crave information and understanding, masking and hiding the negative part and then just promoting the positive part.. don't work
well transparency goes a long way..
wait for financials and then the extent of their financial status will become public, and I am banking it's not too rosy..
Dilution still screaming in....
financials will show the extent of dilution and the toxic funding to come...
the CEO refuses to be transparent and with that has shown complete disregard to investors and continues on the road that OMVS has been just an ATM for RAd...courtesy of it's shareholders and their lack of understanding of the companies true financial status...
that being masked by the Gagged TA and lack of REAL SEC filings, instead using twitter to promote stock into the dilution..
still yet to deploy any rentals,maybe soon...maybe not....
some news from the competition though, it does neighborhoods patrolling apparently..
http://www.wtsp.com/news/local/pascocounty/robot-cops-pasco-co-neighborhood-tests-machines/481037632
OMVS/RAd 8k dilutive cautions
Capital requirements
To the extent that the cash flow from operations are insufficient to fund the Company’s operations, we will be required to raise additional capital through equity or debt financing. Any additional equity financing may be dilutive to shareholders, and debt financing, if available, may involve significant restrictive covenants. The Company’s failure or inability to raise capital when needed could have a material adverse effect on the Company’s business, financial condition and results of operations. There can be no assurance that such financing will be available on terms satisfactory to the Company, if at all.
The Company may conduct further offerings in the future, in which case your shareholdings will be diluted
The Company may rely on equity sales of common stock to fund operations. The Company may conduct further equity and/or convertible debt offerings in the future to finance operations or other projects that it decides to undertake. If common stock is issued in return for additional funds, or upon conversion or exercise of outstanding convertible debentures or warrants, the price per share could be lower than that paid by existing common stockholders. The Company anticipates continuing to rely on equity sales of common stock and issuances of convertible debt and/or warrants convertible or exercisable into shares of common stock in order to fund its business operations. If the Company issues additional shares of common stock, your percentage interest in the Company will be lower. This condition, often referred to as “dilution”, could result in a reduction in the per share value of your shares of common stock.
obviously some heavy diluting going on and OMVS/RAd refuses to be transparent and has gagged the Transfer Agent to mask the dilution, while investors must wait until financials to see the extent of dilution and toxic funding to come....
If only the CEO has chosen to go the route of transparency,future investors now will be very hard to come by and rely on information put forth by tweets
Lmao
At omvs
No deployments yet I read the pr yesterday...
Someone didn't, but I will paraphrase..
Getting 2 rental robots ready for deployment for our first client...
Not yet deployed, first client..
What's missing...
Omvs/rad no deployments yet per pr yesterday..
So who is misleading who...
And to boot on that...
Omvs/rad most likely paid for the booth with diluted shares and toxic funding....
Anyone can stick a nvidia sticker on it's product and sell it, just open up your average laptop etc...
Free publicity for the company...
Far from the truth..
Take a laptop and then look at it and then you would see powered by intel, amd graphics etc...
Most companies use logos from others to sell...plain and simple...
Omvs/rad using nvidia boards, free publicity for nvidia...
Yes that has been the case...
Dilution the past 2 days since the PR..
Omvs/rad feeling the pressure as financials near...
The company needs funding badly and needs to deploy a rental...
Financials will crush their masked attempts from the Gagged TA..
Investors will see the full extent of the dilution and toxic financing to come once financials are released hence the pressure of the converter over the past 2 days...
But omvs/rad still unable to deploy anything beyond pictures and tweets...
Omvs/rad does release vague and misleading pr's just to mask the incessant dilution, which is why the pps is where it's at and unable to hold any gains...
Omvs/rad still fails in it's fiduciary duty to it's shareholders and continues to release vague pr's used with follow on dilution..
Omvs/rad fails miserably in it's fiduciary duties by failing to file properly with SEC..
Simply put...
Increased dilution coming going into financials..
This company will do a R/S within months in my opinion..
Except that one read it wrong and it wasn't I...
Then again many don't understand what is written and fail to read at a 6 grade level...
The SEC regs are plainly put so the simplest can read them...
I understood them...simply put...
Omvs/rad simply put is being non compliant on company business SEC wise...
Omvs/rad continuing to hide behind a gagged TA, the CEO clearly doesn't have a clue to what's going on, but then again maybe he does...
Financials will dampen many investors insight when the amount of dilution and toxic financing will become clear....
Until financials come out, they will be late in my opinion, expect an ever increasing amount of dilution to dump as the pressure increases into financials release...
Omvs/rad still yet to deploy a rental...fact
Yep, the dilution is building and screaming in before financials..omvs/rad taking it to the shareholders in typical OTC fashion with the gagged TA...mask it and dump the share while investors are blind and not privy to it..dilution will increase as the shareholders investment shrinks..
Try calling the TA...
OMVS/RAD has a gagged TA that is commoan knowledge..
that is why the CEO repeatedly implies that lawyers etc. are the reason the TA is gagged..
follow the dilution and the GAGGED TA to financials which should be out this month...
OS has climbed from low teens in MAY to over 107 milllion as stated by some since then...
Also the fact that OMVS/RAD currently has no deployed robots to produce REVENUE...
needs funding to produce the rentals robots, business expenses, etc to which it only had $ 2000 to work with in May...
where is the money coming from with no conventional backers or funders and revenue...
strange mystery, no it's toxic funding, dilution to which the company can't even be transparent about...
wait for financials to see
HERE is SEC's 8k's regs..one should read
Fast Answers
Form 8-K
In addition to filing annual reports on Form 10-K and quarterly reports on Form 10-Q, public companies must report certain material corporate events on a more current basis. Form 8-K is the “current report” companies must file with the SEC to announce major events that shareholders should know about.
The instructions for Form 8-K describe the types of events that trigger a public company's obligation to file a current report, including any of the following :
Section 1 Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement
Item 1.03 Bankruptcy or Receivership
Item 1.04 Mine Safety - Reporting of Shutdowns and Patterns of Violations
Section 2 Financial Information
Item 2.01 Completion of Acquisition or Disposition of Assets
Item 2.02 Results of Operations and Financial Condition
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Item 2.05 Costs Associated with Exit or Disposal Activities
Item 2.06 Material Impairments
Section 3 Securities and Trading Markets
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.02 Unregistered Sales of Equity Securities
Item 3.03 Material Modification to Rights of Security Holders
Section 4 Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Accountant
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review....
well clearly OMVS/RAD chooses to be non SEC compliant..
this is from the SEC website and notice that the SEC says MUST file with SEC major events then read the regs and look OMVS/RAD is lacking and non-compliant...
using a GAgged TA to mask the dilution in my opinion
Well the uninformed are growing...
You did read about the whole offering, which is lengthy..
110 million compared to what 7 million marketcap...
Hmm that one is a no Brainer there..
You do know that knightscope has deployed robots also and intends to deploy up to a hundred by eoy...
Wouldn't that be better than the 2 to 20 projected by omvs/rad...projected....coupled with the incessant dilution, decreasing your investment in omvs/rad daily
At least knightscope has a SEC sanctioned offering and up front with the investors
Omvs/rad needs to deploy robots first, well just read the pr released today
I am not one up for looks...
What some are touting is there is no competition, clearly that is false...
2 lawnmowers now in market...
Omvs
and don't forget this competitor
http://news.sys-con.com/node/4162872
they were at ASIS 2017 also...
Looks like OMVS/RAD is again misleading investors by their no competitors
well those companies are at least of front with their investors and potentials...
Unlike OMVS/RAD using it's shareholders hostage by a gagged TA and using them as a FREE ATM, incessant dilution without informing the investors..
simply an irresponsible CEO, but that's why OMVS/RAD is otc...
someone obviously misinformed...
but the info is there one just needs to read it..
and yes knightscope just released it's 2 next generation robots, one for perimeter and one a standalone that will detect weapons..
it's all on google...
And no OMVS/RAD has no working product yet, maybe by the end of the month per PR...
OMVS/RAD has a history of diluting and misleading investors...
just need to read their PR's...too little too late..
what makes you think that...
If you are going to invest or potentially, you must look at everything..
that means other companies to which you may make an investment..
whereas what would be the wisest choice to invest in...
so the logical thing to do is do due diligence on those companies and also to know their financial histories etc...
knightscope isn't the only competition for OMVS/RAD..
if one was at ASIS 2017 one would see many different competitors up and coming
one here..
http://news.sys-con.com/node/4162872
lot of info there for you....
OMVS/RAD has yet to deliver any robots, but per PR today maybe by the end of the month...
NO SEC filings of any securities registered or not for funding...
will see the toxic ones on the upcoming financials though...
no finalized contracts ...
A gagged TA, which is used to mask the dilution...
NO SEC filings...
there is another company also called Cobalt which will be expanding..
just google it all....
but to answer your question No I am not affilated with knightscope ..
just use them as a reference
their public offering closes on the 10th..
Knightscope isn't a publicly traded company....It's a series M offering
which is equity in place of if the company was to go public or acquired..
whereas OMVS/RAD is public and diluting while hiding behind a gagged TA...
this means they don't want the investors to know their financial standing and how many shares they are dumping into market.. thus shrinking your investment..
wait for their financials to see the magnitude of their deceit
maybe you should see their next generation of robots coming out....
knightscope just recently unveiled 2 new generations of robots and one is for perimeter...
OMVS/RAd still hasn't deployed robots yet, preparing 2 for their first client by end of month....per PR...
Plus knightscope has a public offering in place sanctioned by the SEC, compared to the dilution and Gagged TA OMVS/RAD has...
yes TA is doing it's duty, not OMVS/RAD
OMVS/RAD is failing in it's fiduciary duty to investors...
only hiding behind a Gagged TA, diluting as much as possible and masking it from investors until the time of financials..
then we shall see how much debt has amassed and how much has converted...
But the gagged TA is choking as well as the converter, hence the dump today and more to come before financials as OMVS/RAD is feeling the pressure, badly in need of funds..
sorry if one can't understand the dynamics...
One of the best ways to know when the dilution is coming is wait for the PR's etc...
then short it down as the converter dumps, then ride it up a bit and wait again...
Each time the pps becomes more depressed as more shares hit market and then do it all over again as the OS climbs higher and the PPS decreases..
OMVS/RAD history of dilution is in the pr's...
like clockwork...
A R/S will be available within 6 months in my opinion...
Only 2 robots yet to be deployed....maybe by the end of the month...
omvs
just by the amount of shares hitting market on the downward fall..
just need to watch the exchanges and level 2 and see the amount of sells versus buys...
easy to spot...
that will be verified once the Transfer Agent is ungagged and allowed to breath, and when financials come out..
OMVS/RAD has diluted over 100 million since around Feb...ish...
yet if you go back and look through whatever filings and pr's they released you will see...prettty straightforward in my opinion..
many investors here in denial, but that's always the case when deep in RED...
Yes things will come to light..
OMVS/RAD has mislead the investors and continues to do so...
Many tweets and projections and not one delivery yet..
well we shall see soon as the end of the month comes quick and financials are due soon...
dilution will increase into financials, expect a glossed over PR before financials for a big dump of shares...
not delivered yet one must read the PR...
preparing for delivery, not yet delivered...
OMVS/RAD was supposed to have made deliveries by the end of JUly..
now it's Oct. but hasn't delivered yet...
has its first two autonomous security robots being prepared for deployment this month to its first client under RAD's long term robot-as-a-service model as per the guidance press release issued on September 14th. "We are very happy to be preparing our robots for deployment to our first client as we move towards reaching our deployment targets," said Steve Reinharz, president and CEO of RAD. "And we are seeing strong demand for our automation security solutions from the marketplace both at the end user and the distributor level."
Yes todays PR was just to cover the daily dilution...
AS you can see the CEO has again exaggerated the projections...
this is their first client, not yet any deliveries...
just building up that OS..
OMVS/RAD OS yeterday 107 million, 109 million, can't wait for financials to see the full extent...