is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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Anticipation of the 2 PR's expected in the next few days should keep the TPTW train northbound IMO.
$TPTW$
ABMC's market cap is about 9 mil, AYTU's (also a distributor of ZOG/Healgen Covid Test) market cap is about 180 mil. Granted, ABMC is smaller and has less revenue streams than AYTU, but it should gain much more in terms of market cap alone than AYTU, thus translating to a much larger PPS move!
$ABMC$
Looking fwd to the price action with ABMC today! Will be looking to add. With this tiny float it should be a fun day!!!
Held a few of this Equity for a few months. IMO a no brainer hold and accumulate. Listen to those that know and have been here awhile!!! Excited for the next few days and expected PR’s!!! GLTA!!!
$TPTW$
FDA approval for emergency situations is great (EUA)! Looks like 2 plus 2 equals 4 here with this name.
$ABMC$
Nice day today! Didn't see PAUL on the ask all day (sat at .007 all day, and never hit anything), so stay away PAUL!
Sounds like a good plan for you!!! See ya!!
Great news. This equity has only just begun. MagneGas will revolutionize the metal cutting/fabrication industry. I'll be patient with this one for sure.
$TRNF$
Hoping to get some eyes on this below the radar flyer!!!
Never been accused as a pumper, maybe I'll start with this Name!!
Good job, I should have jumped then as well because of the FDA approval, even if it was a small patient population it was still approved. Waited till .139 but I'll take it as a starting point. Share structure looking great for a continued run here. MC 42 million, only 30 million unrestricted shares so float a little less. That's all data we have since 5/8/2020. Could easily fly from here.
$BPSR$
Fortunate to find this Gem. I'm in for a nice ride it seems.
Scheduled to commence immediately, the trial is the first randomized, placebo controlled, Phase 1/Phase 2 multi-center clinical trial investigating the safety and potential efficacy of Organicell Flow for Covid-19.
Company has organic uplist written all over it for later in 2020. With a little over 100 million float this ticker is in my long term portfolio for sure. Only a matter of time until eyes are on TRNF!
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May 18, 2020 08:00 ET | Source: Taronis Fuels, Inc
118% Annual Revenue Growth,
Record Fourth Quarter EBITDA Improvement
PHOENIX, AZ, May 18, 2020 (GLOBE NEWSWIRE) -- Taronis Fuels, Inc., (“Taronis” or “the Company”) (OTCQB: TRNF), a global producer of renewable and socially responsible fuel products, today released results of operations for the full year ending December 31, 2019. The Company achieved a series of significant financial milestones in 2019, which are summarized below:
Revenues were a record $21.1 million, representing a 118% increase from $9.7 million the prior year. Sales increased across all of the Company’s US retail operations.
The Company acquired nine locations in 2018 through six acquisitions. Same store sales for these nine locations increased by 82% year over year in 2019. This demonstrates a strong validation of the Company’s operational execution and a clear ability to drive growth without a reliance on acquisitions.
Gross margins improved dramatically to 51% in 2019, as compared to approximately 42% in 2018. The increase was partly due to major improvements in buying power, as well as a shift towards a more profitable product mix, including the impact of increased sales of MagneGas as a growing contribution to total sales.
Operating expenses were $15.7 million, as compared to $8.7 million in 2018. However, expenses significantly decreased as a percentage of total sales, decreasing from 89.7% in 2018 to only 74% in 2019.
The Company reduced its quarterly net loss by 56%, from $2.1 million in the third quarter of 2019 to $0.9 million in the fourth quarter.
Working capital remained consistently positive and strong, with a current ratio of 1.62x.
Excluding a limited number of capital leases and a $0.5 million mortgage on one property, the Company has no material indebtedness and is entirely equity financed.
The Company has more than $4.5 million in cash, with sufficient liquidity to support its current business objectives for the remainder of 2020.
Beyond these financial results, the Company was very active on multiple fronts for both domestic and international business development. The Company completed three acquisitions in the first quarter of 2019, expanding to become a top five independent industrial gas competitor in both California and Texas. All three of these transactions helped to support our growing national retail brand, MagneGas Welding Supply.
The Company was also extremely active overseas, executing a scalable contract for the deployment of an initial 30 gasification units in Turkey for $165 million in July 2019. The Company executed a $250 million marketing agreement that covers 13 countries in central Asia in December 2019. Both of these contracts have progressed materially in 2020. Lastly, the Company secured approval from the Port Authority of Amsterdam and executed a 10-year lease for that port in September 2019, which is expected to be operational in September 2020.
The Company also made significant inroads for additional international expansion throughout the year. Most notably, the Company made meaningful progress in Bahrain, the United Arab Emirates, and El Salvador towards launching partnerships and marketing arrangements to sell MagneGas or other new renewable fuel products to these markets in 2020 and beyond.
“We are very proud of the financial results of operations we produced for 2019,” commented Scott Mahoney, CEO of Taronis. “The rapid revenue growth we delivered in 2019 was likely to be the highest level of sales growth in our industry. We capitalized on a series of international expansion opportunities in Europe and Asia, and we laid the foundation to enter many new markets for years to come.”
“Most importantly, we demonstrated a clear path to sustainable and profitable self-funded growth with our strong financial performance in the fourth quarter. We made tremendous progress, and this has positioned us well to deliver further financial improvements in 2020,” concluded Mr. Mahoney.
About Taronis Fuels, Inc.
Taronis Fuels, Inc. is a global producer of renewable and socially responsible fuel products. Our goal is to deliver environmentally sustainable, technology driven alternatives to traditional fossil fuel and carbon-based economy products. We believe our products offer a vastly cleaner solution to legacy acetylene and propane alternatives.
Taronis is also dedicated to providing fundamentally safer solutions to meet the industrial, commercial and residential needs of tomorrow’s global economy. Our products have been rigorously tested and independently validated by global gas authorities as vastly safer than acetylene, the most dangerous industrial gas in use today.
Lastly, we strive to deliver products that offer significant function superiority at a reduced cost to the end consumer. Through these efforts, we support 9 of the 17 United Nations Sustainable Development Goals. For more information, please visit our website at www.taronisfuels.com/
Never thought id see this ticker trading in the 007's. But I didn't expect Covid-19, and I guess I didn't expect an executive bonus structure either until we were profitable. And I certainly didn't expect any notes converting with the amount of revenue being generated. Fortunately I needed money for a new mortgage, and had to sell most of my holdings in VRUS, so its all good. I have started buying what I can at these levels. GLTA!
The key IMO is they must keep the ball rolling (with news/PR's) after the R/S if they want to indeed save the share price. Without news this will sink under a buck in a week or two.
"The risk is near zero if they load it with cash at $4/shares and start PR'ing #PepsiCo #NFL drink line deals."
$MILVD$ GLTA!
Sorry, I just realized I did not change the ticker when I checked the dollar volume traded today. MILV only traded a little over 55,000 today. Sorry for the mis-information earlier. Again, my statement that MILV traded $129,000 was wrong, they traded $55,189. VWAP @ .003246 which means many sold low. Peanuts compared to the float. GLTA!
Oh, I'm not going anywhere. Didn't sell a share, and don't intend to. Almost added, but need to hear something from the Company before I do. GLTA!
In this particular instance I don't think the R/S is end all by any stretch. Only 17 million shares traded on a day when an R/S is announced to take effect the next business day. Only 129,000 bucks was traded today....peanuts for the float here. Let's see what happens.
1000/1 is brutal to say the least, BUT IMO too much still unknown at this point for me to sell a single share. Only 11 million shares traded so far today and the float is 290 million. Hmmm, lot of folks not selling.
Wow...There goes that money down the proverbial OTC R/S drain.
Thanks for the gifts sellers! Wish I had more cash.
Good luck to you sir. You obviously have no clue what VRUS is about. You look for reasons to sell, I look for reasons to make money.
GLTA
$VRUS$
It's not just what I choose to believe it's what has happened to my trading account. I've recently bought a waterfront property in Florida because of VRUS. You guys that show up in the last few months and spout your nonsense have no idea what we longs have accomplished. Ridiculous nonsense you spew.
$VRUS$
You're free to choose your door. I choose to accept increasing revenues at an exponential rate. I couldn't care less what you choose to do.
$VRUS$
Nah, it's about revenue growth. They get it. I'm reminded in times like these that PPS will follow revenue growth. No idea who said that, but I for one get it!!
OTC is startups right? Do you really expect to show a profit this quickly? It's all about revenue growth, and VRUS get's it. Do I think they've done everything perfectly, hell no, but I know for darn sure they are growing revenue. And from the looks of it exponentially!
GLTA!
$VRUS$
Nice to hear that they are in talks with other candidates to replace General Counsel McGowan!
You're welcome! It is indeed a great find at this early stage of its development. This has so much potential over the next few months its mind-boggling. GLTY!
$TRNF$
Whoop Whoop!!! Love it!!!
$TPTW$
Could be, place your bets, couldn't care less about June 30. I care about the mid-long term future. Ask yourself why TPTW was trading at .15 in June and now at .00's a little less than a year later. What was the reason for the decline, and are they addressing it? I think so, clearly!! Short term its gonna have good days and bad days but PPS is gonna rise significantly in the short-mid term IMO. GLTA!
$TPTW$
Why are we even having this discussion, I know what I read and HEAR, you know what you read. So sell. It's simple. I believe Revenue will outpace costs within 12-24 months, and that they have learned their lesson with convertibles. We will see who's right, at these levels the risk reward is in the buyers favor. GLTA!
$TPTW$
Hey CJ nice to see you!!! I'm sure if your still here I'm good with my TPTW shares!!
$TPTW$
Well you may want to have a chat with the CEO, or the IR if you believe that. I would, if I thought a R/S or an AS raise was on the table, or perhaps you could just read what the CEO and the IR have said. Your choice!
I'm adding!
$TPTW$
Dude, I have read the filings backwards and forwards, (backwards is pushing it) and I understand the notes fully, and completely. Been here a few months, just don't post much anymore, this Name will fly very soon.
$TPTW$
I like that Share Price...sooner than later, we will be there IMO!!!
$TPTW$
Adding here. R/S not happening according to the CEO, maybe you have inside info from who? Maybe Receptionist?
I'm in for the long haul and will add all the way to .10!
$TPTW$
Taronis product will eventually take over the metal fabrication industry. Top of class patented and trademarked product is much more efficient at cutting metal, can cut much thicker pieces of metal then competition.
Another huge advantage is the production process is non-pollutant, and Acetylene (the competition) production process is a big polluter.
No Brainer from these levels.
Can't believe this isn't getting more attention. Just listened to presentation at the recent Planet MicroCap Showcast 2020. Product is best in class and half or less the cost of competition and more efficient and a non-polluter. This is a buy and hold for the next couple years. Could easily turn into a billion in revenues within a couple years.
$550 million potential in Turkey over the next couple of years alone, and they just shipped first unit this week.
And that's just one of many revenue sources.
Retirement stock.
No R/S, zero dilutive debt, and plan to uplist to NYSE by Labor day.
Currently around $20 million Market Cap.
OS 143 mil
Unrestricted shares 108 mil
Float 105 mil
PPS should fly once it gets some attention.
Take a listen to this presentation. WOW!!!
Can't find enough cash to put in this Name.
https://www.webcaster4.com/Player/Index?webcastId=34139&g=6f1bae2c-bcac-4ed7-8f9a-48b70bd7971f&uid=5731054&sid=
Absolutely agree. Legal Counsel is on it. I'm of the opinion that there is some really big news coming out soon. Couldn't care less what others think, it's my money, so I'll buy at these levels!!!
Bought some more today. Can't believe these prices....Good grief!!!
Needs a PR with a contract and it will be fine. Probably bleed down to fill the gap or lower without news. Seen this type of play countless times. Patience wins out, they want to remain Nasdaq compliant so I would think news will be out to make that happen before the deadline. All IMO, and GLTA!
$TRNX$